Are trading courses worth it?
what is up everybody today we're going to talk about trading courses trading education my thoughts and opinions on it i'm also going to go over common [ __ ] [ __ ] i see on the internet like uh if you're consistently profitable why are you even selling a course to begin with or you can find everything you need to know about trading online for free obviously i think both of those things are [ __ ] i see that those same comments over and over and over and it [ __ ] needs to stop i will ramp and rave about it and i will argue with logic and again these are my [ __ ] opinions based off my experience this will be a two-part series in the second video i'm gonna go over exactly what i've spent my money on because i've spent ten maybe fifteen thousand dollars on trading courses um private twitters uh trading rooms um and i'm gonna give you guys my honest opinions about some of that stuff because some of it was a waste of [ __ ] money and some of it was pretty [ __ ] good and worth it uh for me so i'm gonna talk about that in part two so let's start off in part one okay let's start off in this video with trading courses and i wanna talk to the newer traders because that's probably who's going to be consuming this video to begin with because you guys want to get educated you're thinking about spending money is it worth it i'm very biased because again i've spent a [ __ ] load of money on education so i think it's worth it and i've continued to do it i think education is great uh because here's the thing you're going to either lose a bunch of money trying to figure it out for yourself or you can learn from somebody and that will help shortcut the process so instead of losing all this money trying to figure it out for yourself and learning at a snail's pace you can learn little techniques and tricks and have a totally different perspective from a professional um and that will hopefully shortcut the process to some degree now here's the problem yes there's trading courses and education and material out there that is complete [ __ ] [ __ ] and you can waste your money you really can um with that aside i'm referring to legitimate stuff stuff that i think is legitimate so if you do go through some sort of legitimate material a legitimate course if you will you aren't coming out of it consistently profitable you're not going to just consume it do what it tells you and then you just be [ __ ] crushing it it's not going to happen first and foremost you need experience there will never ever ever be a replacement for experience those of you who are con regular consumers of my channel also know how i constantly preach how hard [ __ ] trading is and you're just not gonna pull it off in the first [ __ ] year i've yet to [ __ ] see it so and if somebody manages to do it well holy [ __ ] you know that right there is an eno omelee anomaly [ __ ] i just don't know how to talk um so that's really unique or they're full of [ __ ] but i've yet to see anybody pull it off in the first [ __ ] year and if they claim they do then it's merely claims okay so who knows i don't i don't know i'm being skeptical here right because obviously the trading education space is full of [ __ ] as we probably know right so you have to be careful when you are trying to find something but if you do find something legit legitimate you cannot set that bar so high to where you think that's the answer okay and it's and i don't know what it is it's something to do with [ __ ] traders uh traders in the broader community [ __ ] just i don't know you guys not you guys i i like to think that my trading community my subscriber are on a higher level than the rest of the [ __ ] community and that's just my ego speaking right there but you guys are better that's the way i see it because you consume my content and uh my videos are very long because it's densely packed with [ __ ] information so you're here trying to actually learn instead of trying to figure out how to trade off a [ __ ] five minute video because you cannot learn how to trade off a five minute ten minute video you're not learning how to trade off a hour long video [ __ ] done work and the people that are trying to rush it like that just don't know what the [ __ ] really going on right so i don't know what the [ __ ] i was talking about but let's go back to courses um because that was a tangent uh when it comes to legitimate courses okay there's a lot of people that might go through them and then think they're absolute [ __ ] first and foremost those people that went through the material assuming again it's a legitimate course did they do exactly what the educator told them to do if presented with very specific instructions and if they didn't that's not good uh did they try to do what the educator was presenting but be consistent with those specific steps over the course of several months okay and if they are doing that are the students who went through this course tracking their progress via journaling trade review and stat tracking okay and i can tell you something most traders don't do those three things i just [ __ ] yeah three things most traders don't do those three things i just [ __ ] said most traders don't review their trades most traders don't journal most traders don't know how to run stats or stat track their trades so therefore how the [ __ ] do you know if it's working or not because let me tell you your memory ain't as good as you [ __ ] think alright so with that being said when people are talking [ __ ] about a specific piece of education material you must keep that in mind did they do they even do what they were supposed to do are they just critiquing the material to critique the material did they try it for a [ __ ] week and it didn't work out because also a lot of traders especially you newer traders sorry to put you out there like that um you guys are very guilty of constantly switching it up what does that mean constantly switching it up means you're constantly trying to you do something like maybe you use uh a macd it's not working so let's use moving averages instead and this is me just simplifying what i'm trying to say here and then the macd is now uh you know the the moving averages ain't working and then you go back to the macd and then you start adjusting the time framing of the macd trying to curve fit it to the specific day and oh it's working or it worked yesterday but then the next day is not the same as yesterday because the volatility is different the market conditions shift so now that indicator is not working so that's an example of new traders are constantly trying to shift [ __ ] up if what a trading presenter uh for instance i share a lot of stuff on order flow for free on youtube right there's a lot of people that might buy jigsaw and if you want to save 30 on jigsaw trading please use my affiliate link below and my coupon code that would really help me and the channel love you guys if and that's if you really been considering it don't don't do it because i told you to right if you've really been on the fence about it save yourself a couple bucks right um so with that being said i share a lot of order flow stuff there's a lot of people that think it's the holy grail and it [ __ ] isn't okay it's it's really hard to learn the skill set of order flow it's not simple it takes years to get good at it and even i'm still learning right so you're never going to stop learning and trading and when it comes to order flow uh a lot of people think this is the [ __ ] answer and the reason i say that is because i see it in the comments section i see people go holy [ __ ] you know technical indicators are [ __ ] and you know order flow seems to be the answer and that's not necessarily true technicals do have a time and place i use vwap i use first standard deviation bands and i use volume profile volume profile is a technical indicator right but you have but technicals a lot of newer traders that's one of the first things they learn so therefore they put a lot of weight on it and trading isn't that way you have to be a bit looser and your order flow is going to help your timing a little better and give you just more understanding of what's actually happening in the market and the more information you have the better you can build out context or build out a story or scenario or some sort of narrative that you can eventually attempt to trade and even if your scenario is good and [ __ ] there is randomness and the trade can fail and that's where trade management comes into place so order flow isn't the answer and there's a lot of people that you know get an order flow by some sort of order flow package because of my material because i've been doing it for years right at this point and they stop using it they stop using it and i do have theories on it they stop using order flow because a they're not most of them aren't doing what i [ __ ] constantly have been screaming about review reviewing your trades most people are not recording and reviewing their trades i know that for a fact actually so a lot of people that try to do it because i talk about it who don't do that process of course it's not going to [ __ ] you're not gonna figure it out if you're not doing that right so that's a prime example of me talking about trading courses or trading material where the educator says hey you should do this and the people that bitching complained the course didn't work did they do what they were supposed to right and and that's the real here's the real problem with trading is i don't know what the [ __ ] is it is i actually let me go back in time to when i was a brand new trader you think you're gonna get presented with this system to where it's just a push button system and if you just kind of figure out the system it just works that's not the case because trading is a skill based game like any game out there whether it's sports if you're playing baseball and you're brand new to it you can hire a coach or you can go to some sort of training camp as a brand new baseball player or if you're a race car driver you want to get into race car driving right you can go to a race car school and learn skills and fundamentals to be better but are you coming out of it as a pro race car driver [ __ ] no trading is a game much like hell even a video game like a first person shooter style game and i'm trying to get on a level that kind of relates to some of you out here if you play first person shooters and i've spent a lot of time playing video games in my life in order to get good at it it just takes experience time it takes map knowledge you gotta understand the map you gotta understand what you can you know how you can move in the map and it just takes time to get really [ __ ] good at it same thing with trading so what i'm trying to convey here is no matter what you [ __ ] buy you're just not coming out of it consistent because in the end it's gonna take a tremendous amount of work on your behalf to pull it off and for whatever reason people who are in this [ __ ] industry don't look at it from that perspective and oh the course didn't work okay why did it not work um was it a bad course or did you just not do what they suggested in the material over a consistent amount of time in most traders and i've said this in my one video uh why ninety percent of traders fail take a look at it's a pretty good one if you've not seen it i talk about how people want to be traders but they're not willing to put in the work to get good at this because trader work is hard work and and it's not glamorous becoming a professional trader and i'm by no means a professional trader right i'm certainly pretty [ __ ] good in my opinion um and i've maintained this consistency over a relatively long period so i definitely am on the next level and i don't think you ever reach the top in trading if you keep putting in the work but uh from my perspective um it's not easy work it's not beautiful work it's not it's not what you thought trading was when you get into it because when you get into this you think about the [ __ ] money a lot of people and i talk about it in that video i just linked a lot of people think about the money when they [ __ ] get into this and that's a problem because that's not what this is this is a high skill based [ __ ] job and if i hire a professional coach to get better at playing tennis um then i'm not going to uh you know no matter what that coach shows me i'm just not going to be a professional tennis player after a couple of sessions right and this is something merritt black uh has talked about for those of you who are not familiar with merit black he has his own online prop firm and he sells a course called nadro which i've done and i will be talking about in the next video so if you're interested in what was that like i will be reviewing that so let's talk about i do want to talk about a piece of trading education i did early on in my journey okay and this would be john grady with no bs day trading i will be going over that more in the second video but i just want to briefly touch on this john grady i've john grady was literally the first person i found online and i stumbled upon him on accident and he was doing order flow trading on a dom using jigsaw um and those of you who are familiar with john grady you'll notice my dom has the same color template as his so yes john grady has influenced me uh because my [ __ ] my template looks just like his dom and i've created a channel so there is very much john grady dna within my channel so here's the thing i would say it had been about 2018 or no it was 2017 when i first discovered john grady i believe it was 2017 november october-ish um i i went through two things of webinars so i bought his beginner courses intermediate course i bought his uh a thing of webinar that came with a [ __ ] load of videos the webinar was two weeks long and then in the following february so that was in october the following february of 2018 i went through another two week round of webinar um and watched him live trade and that to me was awesome to actually watch another trader live trade because i felt that would help me really understand how this works um here's the thing i was not consistent for [ __ ] years after consuming his material right so my question to you guys is was that a waste of money because that [ __ ] wasn't cheap i spent a [ __ ] load of money on that [ __ ] okay those webinars were not cheap they were like i don't remember 1700k for the first one and if you do the second one he cut you a little bit of a deal but it was still well over a grand right so i spent a shitload of money uh on just his material maybe 4k three-ish somewhere in there at the time right i don't know if his prices have changed so i was not consistent years after consuming that material so my question to you guys is was that a waste of money was that a waste of money because i wasn't consistent after consuming it was it a waste of money because i don't trade bonds and he trades bonds was that a waste of money was it a waste of money because i use volume profile like auction market theory and i use like charting and he really didn't at the time he was trading several doms was that a waste of money no it wasn't because what that was a trick question right uh you probably saw this coming it was not a waste of money because what consuming his material lay the essential foundation right the foundation every home needs a [ __ ] foundation and i legitimately sound like some [ __ ] trying to sell a [ __ ] course right now um and i might in the future i constantly telling how i'm gonna eventually sell something and i never [ __ ] do it because tell you truth it's a lot of work i've tried at some point i'm probably gonna [ __ ] sell something but if i sell something i'm going to create something that i am prideful of that i think is good that i want you people to actually enjoy like in it and you guys really learn from it right i'm not i would never try to put something out there that's just a pile of [ __ ] [ __ ] i'm trying to take your money because quite frankly i don't need to do that right um so with that being said all my content i take pride in i mean i put out a lot of free content so you understand where i would come from so that that's kind of a disclaimer of why i'm biased and pro course yeah i might eventually sell something but i believe in it because this [ __ ] has helped my trading for instance the john grady [ __ ] right um it laid the foundation it laid the foundation for me i learned order flow which is not an easy skill i was presented with the opportunity to learn a way to look at a market that just what was so foreign and different and i didn't it just it was interesting right and those of you who've never seen order flow until you come to my channel and the way i present it are like holy [ __ ] you know this is so foreign it's interesting it's cool it makes more sense it makes the markets make more sense but it's a hard skill to learn and it just takes [ __ ] time what john grady mentioned to do in his material was to record and review your [ __ ] traits so when i say that that is literally just john grady speaking through me and i'm telling you the same [ __ ] [ __ ] because i wholeheartedly believe in it and my thing is how many people went through john grady's [ __ ] and no longer trade how many people went through john grady's stuff and never reviewed and record their trades i did what he mentioned you should [ __ ] do and you could watch him trade he was very transparent his material was good he was good at explaining stuff so when it comes to me uh trying to explain [ __ ] on this channel i'm very inspired by what he [ __ ] did so and if you've gone through his material and now you're hearing me say this now you can probably start to see the similarities right obviously i'm very unique and different my trading identity is not john gravy but there's a lot of golden nuggets i pulled from his material and i tried to model his material at first to try to do it the way he did it but i was just over time more attracted to es because it was faster so i pulled valuable bits of golden nuggets out of it which when you put all that together it builds up my trading identity okay and in my opinion every really good trader out there has their own trading identity okay every really good trader out there and this includes you as if you decide to stick it out in this game and continue to get better at it and really work at it over time you're going to develop your own unique trading identity you're never going to trade exactly like that other guy and that's just how this works right just like any pro athlete these top-end athletes are all different in some aspect than another pro athlete they all come at it differently they've all been trained slightly differently they've had different they were raised differently they grew up in different areas you know and that all that environmental stuff just is going to make you unique so same thing when you're going through your training journey because those of you who are watching this video right now have consumed vastly different bits of material than some other guy that's watching this exact same video he's consumed he or she because i know there's some ladies that watch my channel holla he or she has consumed different material than you so everybody that's watching this video now has consumed different bits and pieces of trading material from everybody else so by doing that you guys are all becoming unique and you're not going to trade exactly like each other right so again was was that a waste of money because i wasn't consistent for years no it wasn't um it wasn't it it laid the foundation and it helped me go to the next step right it helped me really learn what i need to [ __ ] do to attempt to get better and reviewing and recording my trades honestly is huge man and again i swear by it that's why i always talk about it and i and this happens with traders that i uh frequently uh talk to when they start to review and record their trades and be consistent about it they also swear by it okay and this isn't me making some [ __ ] up so with that being said that was all thanks to john grady and that's a great way to learn how to read order flow so when it comes to trading education courses we must look at it from a different perspective we cannot look at it from the perspective of this didn't [ __ ] work okay the you need to go into stuff like this with a very open mind and there's a lot of traders out there who are not open-minded there's a lot of traders out there that are extremely extremely opinionated um and they're not willing to just let that go they're not willing to let their ego go and just sit there and be a student because some people out there are [ __ ] know-it-alls and and they're just not going to receive that information as well as somebody that's willing to be a student as somebody that's going to surrender themselves to the educator and become a sponge and be hyper in tune and really pay attention and that's the thing we do live in a day and age where people just can't focus for [ __ ] and that's another problem when i tell people to do tick drills and i have a video series on that when i tell people to do a tick drill you need to [ __ ] not have charts up because if you come if you come from trading off charts and then you're getting in the order flow if you have charts up you're more likely to be staring at the charts than the order flow okay and when you are looking at the charts you're not paying attention to the order flow and you're going to keep looking at that because that became a habit looking at charts became a habit so you're naturally going to gravitate to the charts right so that's why i think it's imperative you don't have charts up when you first look at order flow this is something john grady mentions i came to john grady uh his educationist courses with a lot of charting experience he doesn't use charts or at least he wasn't at the time he did in some manner but during a session he wasn't he was just looking at order flow um so when i went through his material that's something i did i didn't look uh i didn't look at charts i decided to just put him the [ __ ] down and look at just straight order flow and that again is something john grady has suggested that i present in my own uh content on youtube because i feel that is very important so again was the john grady [ __ ] a waste of money not really because because of him because honestly if it wasn't for him he saved my trading um i would have gave up quit and this channel wouldn't exist and you wouldn't even be watching it right now and a lot of these really core foundational principles with order flow is from john grady and i thank him uh for that [ __ ] even though i didn't become consistent for years after consuming his content so we need a again we need to really look at this [ __ ] from a different perspective are you even paying attention and that that's what i wanted to touch on originally some people that look at order flow are not even [ __ ] paying attention right are you thinking about other stuff are you really looking at the numbers are you really processing it one of my favorite trading books is called bounce by bat matthew sid and it has nothing to do with trading it has everything to do about how pro athletes become professional athletes and he talks about how [ __ ] talent is overrated talent is a load of [ __ ] people aren't just born great traders great golfers he talks about how tiger woods started as a young [ __ ] kid uh serena and venus the two tennis players i believe their dad went in into having the kids with the intentions of seeing if he could cultivate them into good tennis players and he managed to do it i mean it's kind of a [ __ ] up experience experiment if you think about it right i'm gonna make my kids do this and see if it works for my own insanity i mean that's not really [ __ ] up right that's what kids are for you get to experiment on them they're they're really i mean [ __ ] dude but not like that okay but that's the thing you know i mean [ __ ] all the [ __ ] you're saying goes into the kid's head so really what you what you doing say is how the kid ends up becoming to some degree right so anyways uh with that being said um in that book bounced by matthew sid there's something called purposeful practice and that was the biggest golden nugget i pulled out of that book when you go in to these training courses you need to really [ __ ] pay attention and you need to really apply yourself and a lot of people don't [ __ ] do that [ __ ] a lot of people aren't really paying attention to order flow they're not really looking at the tape yeah you have the tape up but are you really looking at it so you can't just have it up and go order flow doesn't work yeah because you weren't even [ __ ] paying attention to it you didn't put in enough time to figure it the [ __ ] out okay so when we see all these opinions and biases about this [ __ ] course is a load of [ __ ] it didn't [ __ ] work you guys need to look at that as an opinion and what are you missing from that did they not pay attention did they not do what they were told to do did they only try it for a [ __ ] week did they try it for a month did they really give it some go or are they reviewing it like it's a [ __ ] movie because some people review a course like it's a [ __ ] movie oh it's great information and i just took it no i want you i want somebody who's gonna review the material to have really applied at it before they [ __ ] actually give out a review i think people that instantly review a course as soon as they finish with it i don't yeah i mean yeah you could have learned cool stuff and [ __ ] yeah you could review it you know this was good i learned about this and that yeah i could see how that review might work but i prefer to see what does the review look like in the long run what is the review just like me preaching about john grady i think it was wholeheartedly [ __ ] worth it for me um and it was worth it for you guys because because of the money i spent uh on it and that's why i asked you to use my affiliate link so i can recoup that money i'm just kidding um no for real though use my affiliate links you know me spending money on that has in turn helped you because i'm presenting content because that [ __ ] helped me so now i'm helping you so really it's sort of this chain reaction [ __ ] so that's kind of a long-term multi-year review on something i took a long time ago so there you go that's how i feel about courses i think they're worth it now there is a lot of [ __ ] out there let's talk about this stuff there's a lot of [ __ ] out out there and i do want to address this okay oh i farted hold on just you know when i'm ranting raven you know it builds up pressure and sometimes i gotta purge it right so and i'm going to announce it uh no shame got the potty humor so you know [ __ ] it um anyways there is a lot of [ __ ] out there and uh what what what you need to do and this is where it becomes really hard to navigate and i it's going to be hard for me to uh really give you advice because i can only ex i can only speak from the material uh i've consumed so i think part two will be a little bit more helpful to some degree you know what i mean but like there's a lot of [ __ ] out there um when it comes to consuming trading material john grady had free stuff and he had done interviews and he had explained concepts and stuff that was very unique so i'm more comfortable to purchasing something where somebody has some sort of credentials and uh i'm familiar with what well i'm not familiar they put something out there that is interesting and they're explaining stuff to me that is interesting i think it's very important for buying trading material are they giving out good useful information to begin with um that you're really not finding anywhere else or maybe they're presenting it in a really good way that makes sense because some people that are really good traders can't teach for [ __ ] right um for instance me uh i started this channel not consistent not doing well but i managed to make a video on how to read a dom and i just was really good at explaining it and that's my most popular video and a lot of people in the comments have talked about how this is the best explanation of that specific tool so just because you're a good trader doesn't mean you know how to [ __ ] explain anything for [ __ ] and in the end the end user that doesn't help you um so should you spend money on something that's not being explained very well just because that guy is a professional that that's not going to help you and there's just so much missing [ __ ] uh so many nuances that guy is not articulating very well in his own training so therefore you're being lost in translation and you're not gonna trade like that guy so uh just because somebody has these really good credentials of making a tens of millions of billions of [ __ ] dollars trading isn't enough to where you should uh buy his [ __ ] if because if you can't explain it well you're not going to achieve that result right so um you need to be careful when you're looking at trading material from that perspective you don't want you know what i'm saying you just don't want to [ __ ] if they can't [ __ ] teach then it's just i don't know so that's one thing you should watch out for another thing you should watch out for is uh you know do they have the credentials do they are they sharing material you know for instance john grady and i know i keep using him as a as an example he's giving out material for free so i'm more comfortable with it if somebody's not giving out something and this is just like selling courses 101 fyi this is selling anything okay and anything not just trading you should be providing uh you should be providing something of good value for free and generating great content for free right for instance if i decided to sell a course uh you guys kind of know what to expect from it uh because of all the free material i put out there and i'm really good at explaining things i'm gifted with that and that's not me being egotistical i'm just i enjoy teaching um i enjoy sharing because it helps me first and foremost because the best way to learn something is by teaching dr brett steenburger talks about this so if i was to sell something you guys kind of would be more comfortable if you consumed a lot of my material knowing hey this is probably going to be good value because fat cat is really good at sharing and teaching and now he's put together something and you you have and i you know you you know that you expect it to be good and if i'm selling something it's got to be better than the [ __ ] i put on youtube you know what i mean um that's the way i see it like if i'm giving out free [ __ ] my paid stuff needs to be better than what i'm giving out for free or just you know explain better or it's just a longer version of something on youtube because a lot of my videos on youtube are very random there's a lot of videos on my youtube that are bits and components and if you're watching it out of context you're not really getting a good idea of what i'm trying to share like i make videos that are very unique specific lessons like my context video or the fighting for price video or why i manage trades by hand video all those are unique little lessons and if you watch all of them and put them all together it will form a bigger picture uh story and uh you'll have more context to what's going on in my trading and you'll really be able to paint a picture of uh what i'm doing whereas if you just watch one video and then uh and that's it then you're really not getting a full idea of what's going on so what i'm trying to say is if i did sell a course or some [ __ ] i would want to lay it out in a more organized manner so the content can be just as good as my free stuff but if can i lay it out in a more organized manner and this goes to something i want to talk about you can find everything for free on the internet people [ __ ] i see this [ __ ] all the [ __ ] time you don't need to waste your time buying material because it's all on the internet for free that is a load of [ __ ] [ __ ] that is a load of [ __ ] you know why because there is certain things i present on this [ __ ] channel that you will not find on the [ __ ] internet you're not gonna [ __ ] find it like in my time and sales video how to you know how to read time and sales or some [ __ ] i don't remember the name of it um i talk about how i cut my [ __ ] tape up i have a retail tape a midsize tape and a block order tape right and then in my strike zoning video i talk about the strategic placement of my tape i want the tape to be aligned with the dom because in that video i talk about how i don't want my eyes to be traveling far distances because most people put their time in sales at the top of the screen whereas if i drop it down to the midpoint of the dom my eyes don't have to travel as far and then i talk about why i cut my trade up my tape up the way i do that material simply isn't out there that's something i figured out on my [ __ ] own and if it's out there you're gonna have to dig for it in fact i have a video on spoofing and somebody in the comments actually uh mentioned how they searched all over the internet uh for an example of a spoof uh they spent a lot of time uh looking for it let's see yeah somebody and this was five days ago i've searched so much for a good example and explanation of spoofing the fact that you detailed that uh he conceals his true intentions in an iceberg order was even more thrilling to digest i loved it basically is what they said so somebody was looking for an example of a spoof on the internet and they couldn't find it and then i presented it and then explained it so no you you can't find everything on the internet for free because well i can't i didn't find an example i'm i [ __ ] found it through my own trading and presented it to you guys so now you can find it on the [ __ ] internet but it's simply not true you cannot find everything you need to learn how to trade successfully on the internet for free and i know some of you want to argue with that yes there's a tremendous amount of information on the internet to where you could put together a trading system and trade successfully here's the problem though all the material that you're going to be searching for is completely out of [ __ ] context right everything you're searching for is completely out of context so what i mean by that is i can go consume a few videos on volume profile i can consume a few videos on auction market theory i can go consume a few videos on order flow but that [ __ ] might be so out of order from different presenters different content creators um that it's just so out of whack right and that's what i'm saying with my that's what i'm referring to with what i just said earlier there are videos on my channel that are unique lessons and there are videos that i think should be watched in specific orders but my channel's so [ __ ] disorganized and i don't talk about this enough that you guys just simply aren't aware of it so if you watch some of my specific videos in a specific order it's almost like a little course and it really puts together uh it paints a better picture in your idea but paints a better picture it paints a better picture in your mind right whereas if somebody just watches the one video but then watch the other video well then you're not really getting you know it's out you're really not getting you're not building context you're not building a good idea of what's going on in my training and i see this in the comments a lot people think i jus i'm just a scalper who scalps off tape and that's simply not true i use volume profile and i wouldn't really consider myself a scalper yes i use a lot of scalping techniques but i'm more of a mid-sized trader and i've talked about this in other videos um but if you've not seen those other videos and you only watch some of my order flow videos then you're sort of doing yourself a disservice and you're building out context on my trading that just isn't true you're you think you think you're starting to see how what my trading really is and that's simply not what it is so with that being said if you're just pulling random bits of information off the internet for free it's so out of whack that uh as a new trader how do you even put that [ __ ] together to make a [ __ ] trading system right whereas in my opinion a really good course takes you down the path of step one step two step three we're getting more advanced step four step five here's what you should start to do this is what you need to do to start to get the better to get better at it um so a course is just a longer version in my opinion of little snippets that you can find on the internet for free and of course in my opinion a good course is laid out in a way to where it just it's it's it's it's more of a movie than a tv show right if and that's a prime example really if you watch a tv show like a tv series let's just say breaking bad and you go to season 4 episode 3 and you've never seen uh the entire series from season one episode one and you just kind of come in in the middle of it dude you have no [ __ ] idea what the [ __ ] happened you have not no idea what's going on and uh your interpretation of what is going on from this point forward is just not going to be right so the same thing happens when you're pulling snippets and pieces off the internet of trading material how it needs to be constructed and a good course will construct it in a specific manner right because every little snippet on the internet is like a lego block right i have a bunch of lego blocks and when it comes to lego blocks dude you can have a [ __ ] load of different combinations by just moving hell two [ __ ] lego blocks on top of each other right like you can have a shitload of combinations there's some like math formula out there that takes like five or six bricks like regular two by eight [ __ ] or two by four bricks and uh they show the amount of combinations that comes to when you stack those bricks in different orient orientations it's like hundreds of millions of combinations or some [ __ ] with just a handful of bricks so the same thing is happening when you're consuming uh trading material out there there's so many pieces of trading material out there that uh they're like different lego blocks and you're just getting pieces but how do you create a house with all of those pieces you know what i'm saying if you don't know what block to put where and [ __ ] well then you're confused and it's out of context and you're kind of wasting your time so yeah i mean you could find a lot of stuff on the internet for free but not everything because trading has unlimited pro approaches to it there is not one way to trade all traders have very unique styles and approaches um so with that being said trading is constantly evolving and changing people are constantly borrowing and taking techniques from other traders so there's just like an unlimited amount of combinations when it comes to actually trading successfully out there and people are developing techniques and styles and they have information that is just simply not being shared on the internet and the only way to find it is going through them when i first started learning about order flow there was damn near nothing on youtube with order flow training there wasn't much and john grady at the time was the biggest player now you have fast forward you know several years later you know fast forward 2017 to 2022 now you have guys like me who created my channel you have other order flow guys that are popping out of the [ __ ] woodworks but at the time that just wasn't readily available and at the time i didn't see any order flow traders in 2017 going over the ese mini right so and also order flow trading comes in various things people call footprint order flow trading people call time and sales order flow trading people call the depth of market order flow trading so order flow trading can get interpreted in a different way merit black calls the the delta the q the cumulative delta order flow so people are interpreting order flow in very radically different ways so no you cannot find everything online for free because there is material that i've presented on this channel that you're simply not going to find anywhere else and if there is certain things that you can find somewhere else how hard is that going to even be to find are you even aware that you want to find that piece of information right there's certain things you want to know but you don't know you want to know it yet because you haven't seen it right just like that one comment on the spoofing video this person looked everywhere for that [ __ ] right and they couldn't [ __ ] find it so yeah there's stuff out there that you can learn uh you know for free on the internet but do you even know you're looking for that do you even know you're looking for that for starters um and when you find it you might have find it on accident because when i first learned about john grady in order flow trading that was on [ __ ] accident i stumbled on order flow on accident and i didn't even know that was something that i wanted to know about so sure you can find certain [ __ ] on the internet but how do you even [ __ ] know what to [ __ ] look for if you don't even know it exists so and then putting it all in order like lego blocks so i just think uh i think that's a [ __ ] [ __ ] something that is circulates in the [ __ ] trading world or you can learn how to trade for free on the internet yeah but it's not that [ __ ] simple okay it's not that [ __ ] simple now let's go to another [ __ ] my favorite one here if you're consistently profitable why are you selling a course oh go [ __ ] yourself it's called being a [ __ ] entrepreneur it's called the trading education is a hundreds of million dollar business i don't know if it's a billion dollar business i want to be surprised if a trading education is a billion dollar business per year but let's put it this way it is a very huge market to make money in okay as a trader what is wrong with being an entrepreneur and having multiple sources of income okay if you're consistently profitable why why would you make a [ __ ] course right it's because that's money i will never make in my trading right for instance for example let's say i make five thousand dollars a month in my trading and then i sell two thousand dollars worth of courses per month well guess what i just made seven thousand dollars well i hear the argument to that is we'll just scale up size well first and foremost you just don't scale up size you got to work up to that [ __ ] you just don't do it right um okay well let's say i do do it let's say i scale up size and then i start making seven thousand dollars a month in my trading okay well guess what if i sell two thousand dollars worth of courses i just made nine thousand dollars a month well let's scale up my trading again okay now i'm making nine thousand dollars a month in my trading because i scaled up size right well i just sold two thousand dollars worth of courses now i'm making eleven thousand dollars a month that money is money i will never make in my trading no matter how much i scale it up okay i can make tens of millions of [ __ ] dollars a [ __ ] year trading and then i can sell a hundred thousand dollars worth of [ __ ] trading education a hundred thousand dollars is a hundred thousand [ __ ] dollars right even if you just sell twenty thirty thousand dollars trading education that is money i didn't make it my that is i mean i value a hundred [ __ ] dollars i value a [ __ ] dollar if there's a [ __ ] change on the floor i pick that [ __ ] up because i value it and that's kind of my spiritual thing i want the universe to know i appreciate money no matter how little it is like when somebody donates three dollars on my coffee if you guys like the material i'm putting out and you want to donate to me i have a coffee link uh in the description think of it like a tip and some people just donate three dollars to me dude i appreciate that [ __ ] that's three [ __ ] bucks that's three dollars i didn't have before right you know and if it compound it compounds and adds up over [ __ ] time that's money man and if you're getting into trading don't you want to make the most money possible right so and another thing about selling education is that's risk-free [ __ ] money i had to put in all this upfront work to make the material right but i'm not risking it in the market there's no chance of me [ __ ] losing it because i was wrong on a trade that's yeah you can be consistently profitable all that [ __ ] but in my opinion i don't think trading is ever going to hit a point where it's just easy it gets easier but you're you're constantly having to [ __ ] adjust shift uh you're going to take losses i mean it's inevitable at times you're going to hit points of where you're hitting slumps maybe there's a regime change and trading and um you can no longer do it anymore everything you're doing was doing just stopped working right think of the guys that traded in the pits and then it went online and then you had to learn how to trade on a screen that was a complete regime shift and everything they were doing just suddenly died right and then then you got good at trading on screens and then all of a sudden algos came out so it made market making a lot harder so there could be a drastic regime and then i can no longer [ __ ] trade right um so there's a lot of risk with trading is what i'm trying to say there's so much [ __ ] risk we're trading in um i mean you could just [ __ ] it there could be just that one day where you just [ __ ] it all up uh and what's nice about trading material is that's not you could just [ __ ] it up money and it goes away right that is money i made and now i have it and it just doesn't go away based off of a bad trade so risk-free money is nice i don't give a [ __ ] how consistent you are with your trading having risk-free money through some sort of material like that is just nice it's a nice thought i mean and again the trading education is a multi multi-million dollar [ __ ] business who do you want to be in that right people are going to pay for education people pay for education and all sorts of [ __ ] you went to college if you want the college you paid for that [ __ ] or your parents did somebody paid for it right but if you went to college you paid for education right uh if you become a pilot you're gonna pay for your [ __ ] education most likely or you gotta go through education that somebody's gonna pay for if they really desperately want you if i go to a trade school i went to a trade school to learn how to work on cars i had to pay for that [ __ ] education right education is huge as you and this is why i'm pro-education there is education in every field out there right you need to getting education is a good thing because it shortcuts the process right i want to be a learn how to be a [ __ ] electrician what sounds better i learned how to do it on [ __ ] youtube and find all the information on the internet for free and try to do it myself and hopefully i don't [ __ ] kill myself because i got electrocuted to death right or should i learn from an actual professional who can really lay it out a lot better as i [ __ ] become a professional myself and start to gain experience and become better right education is huge and it shortcuts a lot of trying to figure it the [ __ ] out on your own and then taking random bits and pieces on the [ __ ] internet so my question to you guys is who do you want to be in the trading education business do you want consistently profitable traders to be in it that are actually doing well or would you prefer it to be full of [ __ ] [ __ ] bags or just trying to take your money right so if you're consistently profitable why are you even making a course well first and foremost it [ __ ] helps people that are seeking education just because you don't believe in education doesn't mean other people don't right there's plenty of people who are for it myself included uh because those of you who understand how important it is i mean that's that's huge i mean look at these third world countries that don't have [ __ ] education look at that those of you who are fortunate enough to live in a first world country or to live in some sort of country to where you have access to the ability to learn you are very fortunate right so education is incredibly important in my [ __ ] opinion so just because you don't believe it doesn't mean other people don't and people are there are always going to be people who are seeking it especially since we live in the information age now we live in the age of the internet and since the internet came along a lot of us are now being educating ourselves on the internet this video might be educating somebody right the [ __ ] now i educate myself on the internet so really if you look at the internet as a whole it's a giant [ __ ] school to where you can educate yourself so if you want to try to [ __ ] figure out how to do it on your own and everything's online for free yeah go ahead but you are educating yourself okay um and and again who do you want to be in this do you want it to be some [ __ ] bags or do you want it to be consistently profitable traders that know what they're doing and would you rather buy their material over somebody who's just trying to [ __ ] you right i rather have good guys with great credentials sharing education that's what i rather be dominating the education space obviously it's full of [ __ ] bags right and yeah you gotta look for the good ones but uh you know what's wrong with being an entrepreneur what's wrong with having multiple sources of income because we do live in a day and age where multiple sources of income and this is me speaking from an entrepreneur perspective right i have this youtube platform right so i make money you know i make money in trading i make money not much in options um i also can lose quite a bit in it uh i make you know let's put the trading aside right let's just look at my [ __ ] youtube for instance so i make ad revenue it's not that [ __ ] great okay i make money off of affiliate links it's not that great i make money off of uh donations on my coffee page it's not that great but when you put my ad revenue with my affiliate links with my uh donations that [ __ ] compounds and the money even though not that significant and not that big of a deal uh adds up and then you know i got a couple extra 100 bucks and like i said earlier i value money no matter how little it is and that extra couple hundred bucks will pay for you know my data feeds for my training platform or it'll pay for you know my mortgage or rent uh it'll pay for gas and that's money that simply i didn't have to trade to get right so as an entrepreneur myself uh you know and i've also having a duplex that generates rental income so i've had multiple sources of income to make money and even though not one thing is significant it adds up so as an entrepreneur myself there's nothing wrong with uh selling material right especially if you do have a passion for teaching i enjoy sharing i enjoy teaching and some people don't understand why somebody wants to share and teach and i'm not here to convince you of why somebody would want to share and teach why why would you want to do that if you don't understand why i think you're you might be a selfish person right but helping and teaching other people first and foremost gives me fulfillment right for instance if you hold the door open for some old lady do you not feel good when you do that when you generally help somebody without the expectation of getting something in return does it not make you feel good because i've helped traders for years for free and it makes me [ __ ] feel good it makes me feel good when they get excited it makes me feel good when they start to get better at it it makes me feel good to help people try to pursue what they want okay i also enjoy teaching and sharing because again when i'm constantly regurgitating my thoughts and ideas and presenting it in front of other people everything i'm talking about makes a hundred percent sense to me whereas you as the end consumer some people some of my videos some people are gonna be like you know i didn't learn nothing here some people who consume the same video are gonna be like wow i learned a shitload from this some people are like i learned a little bit from this so what i'm trying to say is when i present material it makes 100 sense to me all the time and it's reinforcing what i'm doing and i'm just putting it in front of an audience so a lot of what i share and teach or whatever is 100 it's for me it helps me get better it really does and i you know if you guys seen my interview with frozen tundra i have two of those videos he shares and teaches as well and out of all the traitors i've dealt with i've seen him make the most progress through his teachings and sharing so i think there is a lot that comes from teaching and sharing right but i also don't see why it's a problem to charge for it as well if you if you've really done it the right way right if you put out a lot of free material you're you're helping you know what i mean you're doing it the right way if you're obviously not helping the community not doing it the right way and you just put something out there and nobody knows who the [ __ ] you are then that's a bit questionable so um i don't see a problem with selling education and i rather have good consistent profitables in the education space and that is a multi that's a different source of income that they will never ever ever make in their trading no matter how little it is compared to how much they're actually making in their trading so those of you who think uh if you're consistently profitable why are you making education you're very narrow-minded uh and i mean hopefully i explain in some way that allows you to see why it does make sense so uh there you go guys so i think i'm gonna cut it there um in conclusion i am definitely pro education you need to be careful out there right make sure whoever you're buying from has put out good material and they're really actually good at explaining stuff before you buy their material there are some exceptions i have taken some risks before where i bought material where they didn't have credentials and it ended up being pretty [ __ ] good but that's a risk right um so look forward to the second video in this series uh as we dive more into exactly what i've spent money on and my opinions and on all that stuff so anyways guys i hope you enjoyed this video um so like subscribe all that [ __ ] check out my other older videos and we'll see you in the next one
2022-05-12 17:41
