Yes, they do the videos in the hope of making some money from youtube advertising revenues
No, you obviously missed it, or let your preconceptons overrule what they say. They try to encourage people to join the PropShop network they have - it's all over the world. Really good people are extremely rare. They can earn decent amounts of money when they have millions to trade with. $10m a year isn't unusual. Some of the people they have in that office heard of them first from the youtube production, like the guy Cherif.
They've employed a person just to be a public face, the girl called Adara, so yes they make some money from the channel. Turns out she's probably suitable enough to become a trader, so they're teaching her on camera in the middle of their day. I've learned a lot from watching that. (Criminology degree, apparently, but there can't be many jobs .)
No, I'm not going to watch ten hours of videos
Are you trying to trade for a living, or just to play?
I started as something to do in retirement to keep the grey cells occupied. I can't get about much so it suits.
I don't think I'm at all "good" at it, but I have managed to avoid or stop some of the things the losers do.
I assume, if you've been doing it a long time, you've built up a pot of winnings to use. That's key - it simplified the emotional side for me. I took out the initial amount and put it back in the bank, then mostly into ETFs when I'd learned a bit about them. I'd bought shares for years, but not "managed" them.
Well, they say it 10,000 hours to master something. So if you can't give it 10, give up. I must be somewhere in the hundreds, but I'm cheating by not doing the prep work, and watching it done for me on TTV.
By the rather cynical way you come across, I wonder if you've been successful. If not, you need to change attitude, I would suggest.
predictions. Where do I see an analysis of whether they were correct?
The stock market. Look it up for yourself. You will have noticed he had said Uranium was a favorite sector of his, and how it had done well and he wished all his tips worked out that way. At that time it was about +10% since Jan1. Since then they've risen an additional 30%.
The man studies the evidence. Once recently he noted that UPS was underperforming the Transport Sector. Watchers bough it the next morning and it rose 10% that day. Yes there are charlatans and idiots, but it's not that hard to tell some of them apart.
do his predictions just get forgotten about,
No, they're all recorded. He doesn't predict as such, he observes, analyses, and suggests how things might go. He's a Swing Trader, which means he works out stocks which are running a bit below par and are likely to catch up. If you ever do decide to put some investment into learning, a few hours will tell you what makes a good swing stock. The alternative is to use someone else's suggestions, paid for or otherwise. There are lots around. Zaks, Motley Fool, Daily Telegraph, Investors Chronicle etc.
That TTV stream has 3 outputs of guidance, of which I showed one.
I can't follow a dozen stocks, so I pick a couple today. AMD, one of their suggestions, went up 6.5% off the start (after the gap). But then they reported that a stock connected with Donald Trump , appeared to have got a boost from his Iowa result. It's called PHUN or Phunware. It rose a ridiculous 400+% altogether on the day. I hesitated for a while , because it's HIM, But then joined in.
I'm not sure what the figure is yet, haven't checked, but it's more than OK for the day.
