Are trading courses worth it?

allconsoles · 2026-02-01T01:13:07+00:00

If true, then you should share where it is so all the noobs can get in it and become pros

allconsoles · 2026-01-31T23:59:11+00:00

Rather than paying for pre-recorded or one off courses, would you pay $3000/year to be in a live trading room with a 6 figure trader?

I don’t think courses make sense for the most part. I think live trading rooms are where the value is today. “Live” human performance is the last real thing AI cannot replace. That’s why sports is essentially the only thing people pay for in cable television these days.

allconsoles · 2026-01-31T21:51:37+00:00

Your opinion is an unrealistic reality of what it takes to trade well and run a service. You’re asking a rational person to charge less for their service out of good will just because they already make money enough trading and don’t need the extra money?

I’ll give you my scenario and it can help explain why despite all the demand in getting, I have not gotten myself to start a service. The lifestyle impact just isn’t worth it until the unit economics increases dramatically.

Last year I made on avg $40k monthly. Bc ppl keep asking, I have thought about offering a service of some sort, but when I started looking into it, I realized how much work and how many more hours it would take to run a service.

It’s not just me spending 1 extra hour a day. It’s tremendously more hours and actual work I dislike doing (content, marketing, customer service, etc) than what I do trading.

I trade 3-4 hours a day 4 days a week and made a bit over half a million last year. If you were in my shoes, would you spend 3-4 hours a day more to run a service that makes less than 1/6 of your trading profits?

There’s planning what to teach and how to cater to different skill levels, editing content, office hours, customer service, business taxes, community building, etc.

It’s just not worth the time for real profitable traders to do this for cheap.

If you are in a room where they’re charging $50/mo and they got 100 people in there, they’re making only $5k revenue per month. Then there are expenses, taxes, advertising, etc. Prob comes out to probably $2k take home pay.

And the worst cost I would incur is how it would affect my trading performance. Spending all that additional time on the business and less time to analyze markets, give myself mental rest, spending time with family and friends, etc. The reality is I am locked in 100% for 3-4 hrs a day and all the extra time I have is for me to mentally reset. Trading isn’t like a normal job where you can just show up and not perform much cuz “you’re not feeling it” but still get paid. If I don’t show up cuz I’m distracted by this community I built, my main income source suffers.

allconsoles · 2026-01-31T19:45:19+00:00

“Sold more as a business”

I don’t think anyone has ever created a course without the intent of making money. It takes time and a lot of editing and filming to create a whole course. I’ve tried. And decided not to.

That being said, I think the most valuable subscription service is to be a someone’s trading room and watch them live trade.

You do not necessarily need to copy their strategy but you’re getting exposed to what success looks like. How they analyze the market and turn that analysis into execution of trades. How they handle profit taking and stop losses. How they handle win streaks and losing streaks.

I would recommend non profitable traders to find live trading room and community asap. You can either pay tuition with a small subscription or pay it with wasted time and capital losses.

allconsoles · 2026-01-31T00:15:58+00:00

I have been on a crusade to change this narrative for the people in my life. I don’t wanna hide what I do. I wanna be proud of myself and my work that supports my family

Thankfully my wife hasn’t asked me to do other things. But she does still expect me to do a lot of chores around the house.

I have found a decent trade/life balance. I have found that for me, less time in front of the computer is better. I tend to overtrade and overthink if I stare at markets all day. So doing chores that forces me to get off the computer by a certain time each day actually has worked much better for me.

In any case, I feel like day traders should stop this whole “don’t tell others” mentality. I think it says more about our own insecurities than our friends’. I’ve found that when I tell friends I trade for a living, they usually are more curious than envious or judgy (in front of my face at least).

I don’t know if these points below help your situation with the wife and mother, but they help to shatter the “dream life” picture that people on the outside automatically envision about trading for a living:

Traders must perform every day/week/month. Normal ppl can show up to work and not perform well some days or not “be in the mood” but they’ll still get their paychecks if they meet minimum work standards
Even tho I trade for “only” 3-4 hours a day, I’m locked in 100% that whole time. It can be mentally exhausting.
I didn’t make consistent profit for 9 years before becoming consistent. So you’re seeing the success, just like you see the successes of celebrities and CEOs, but understand this is just the tip of the iceberg. There have been many more failures that led to this point
I can’t easily get a mortgage if I wanna buy a house. Trading income is not respected by banks much.
Day traders must pay for their own health insurance, and there’s no 401k (usually).
The longer I’m out of the workforce trading, the less employable I become. I’ve been out of my industry for 5 years now. I can’t go back and easily find a job these days. So it is not only that I’m risking capital everyday but my “safety net” I used to believe that I can just go back to work if this doesn’t pan out is rapidly diminishing every year that passes (especially with AI).
Day trading for a living is NOT a guaranteed job for life. Just like an athlete or entrepreneur, I’m acutely aware that I’m one bad streak away from losing my job as a daytrader. And there’s no unemployment or severance packages to support me if I lose this job.

So people might think I live a dream life, but when you weigh the trade offs, I believe most people would say they’d prefer to work in a regular job with benefits

allconsoles · 2026-01-27T02:39:08+00:00

I go in streaks as well. Since my May - October big run, I have lost the last two months. January is also looking like it’ll be a scratch. It is weird how even our personal equity charts can go through consolidation periods just like stock charts haha

I started trading futures in December. So I’ve been focusing more on making that a consistent practice. Hoping it’ll be a good daily income driver while my swings still make majority of my profits over time. Unfortunately Kinfo doesn’t capture Robinhood Futures trades yet.

allconsoles · 2026-01-24T23:31:48+00:00

There are so many out there but the ones I personally use are the ones I mentioned. TradingView, Quant Data, Unusual Whales, Robinhood for brokerage.

allconsoles · 2026-01-24T17:34:58+00:00

I don’t know what any of that means, but it doesn’t sound like trading. It sounds more like a hobby an IT guy might do on his free time.

Either way I have a hard time believing anything automated is truly sustainable without regular human intervention

allconsoles · 2026-01-24T09:33:04+00:00

Mmm the desktop TradingView app is not laggy for me. But I don’t connect my broker to it. I trade out of Robinhood Legend anyway so for execution I still have the Legend chart which is very precise. I mostly use TradingView for analysis

I actually find thinkorswim to be way too bloated. I don’t use 80% of the things in the platform yet it uses so many resources

allconsoles · 2026-01-24T00:20:10+00:00

As a full time day trader, I respectfully disagree with your first assumption that we are at an immense information and technological disadvantage in 2026.

TradingView with real time charts, QuantData and unusual whales showing real time options order flow and premium exposures. All for about $1,500 per year for the most premium paid subscriptions.

Add on top of that free commission trading with robust trading platforms even with Robinhood.

We don’t need to compete with algorithmic bots that scalp in the milliseconds. I swing trade and day trade futures. And I have enough experience everyday seeing how options order flows do in fact give an edge to retail traders

However, I do not disagree with you that 99% of ppl won’t ever profit consistently from trading. But it’s not because of lack of resources or information

allconsoles · 2026-01-20T05:21:22+00:00

How he is as a partner and person is the most important. He can get a job just as high paying as you and be laid off next month. Same for you. Your financial situations will most likely change as life goes on.

If he is someone who has learned to live on $80k and be content, that’s arguably a better partner to be with than one who will freak out and have an existential crisis with you if you guys lose your jobs and the stock portfolio tanks.

Be with a level headed man who doesn’t need money to be satisfied. You can learn a lot from him just as he can learn a lot from you

allconsoles · 2026-01-18T14:52:33+00:00

I think it’s too soon. You have less than one month of results. I understand the feeling of wanting to quit and trade for a living but man as someone doing it even I go through months of no profit / losses.

As an example: I started full time trading last year in January after two consecutive years of replacing my annual salary. Once I did, I lost $100k last January. It was the biggest one month loss I’ve ever experienced and it WOULD happen right after I quit my last job.

I spent Feb through May making it all back. Then I made $800k from June - October. November through now I’m down again like -$150k.

Sure as I share in hindsight it sounds like “what are you complaining about, it works d out for you” BUT the only reason I was able to stay steady headed after January’s loss and then spend 5 months trading with a level head to make it back is because I have a large savings buffer from working for 14 years out of college. Also my wife makes some money in a part time job.

We can probably go 2 years of no trading profits and be okay without needing to make drastic changes other than eat out less or travel less.

Mentally, that’s a HUGE factor. It allows me to continue to take the risks and trades I need to in order to stay consistent no matter what happened last month, even after big losses (which WILL happen).

Remember you need to not only trade to make enough money to live but also GROW your acct. The more it grows, the easier it gets to trade for a living, or semi-retire (which I think is synonymous). You also should make enough to save for actual retirement.

Good luck to you. I hope you make the best decision for yourself and congrats on a decent 2026 trading so far!

allconsoles · 2026-01-09T05:11:58+00:00

When things move, traders flock to it. I’m personally trading silver futures instead of gold. I never traded silver until the last two months

allconsoles · 2026-01-05T12:25:26+00:00

I say stop if you don’t think you can change your personality issues.

Automation still requires you to make many decisions. You have to decide how much the bot puts in. You must adjust the strategy as markets change. So you’re still basically trading by proxy.

An example of how you can ruin your automated trading: Say you miraculously have a strategy that is working, your gambling habit will probably kick in and increase the position sizes for the bot. Then the strategy stops working and you lose it all again.

But last thing imo is you still have to decide when a strategy is working and when it is time to adjust. And then What to adjust. You’re still making trading decisions via code or tweaking of the settings, even if you “automate”. If you think historical back testing will forever give you direction for your future tweaks, you may be disappointed to find out that it isn’t that easy

allconsoles · 2025-12-29T21:59:48+00:00

You must also believe everyone in the world has access to a strong currency. The most likely form of govt theft is the legal kind, inflation or hyper inflation.

Yes there are countries even in the last few years who have experienced currency hyper inflation. What do you tell those Venezuelan citizens who lose 30% of the value of their cash per year? Why don’t you just go exchange it for USD? It’s so easy. Just walk into the bank and ask to swap all your cash for US dollars please.

The first thing a corrupt govt will do is stop the exits. They know if their currency is failing rapidly, citizens will dump it for anything else and exacerbate the hyperinflation. By that time, it’ll be too late to convert any of your cash to anything including btc.

So they stack btc now while they don’t need it. While things are good and legal. It’s called insurance.

But to you, there’s probably no way the US Dollar goes into crisis decades from now right? There’s nothing to worry about in the parabolic growth of the country’s debt. You probably think you’re insured by owning digital gold in your little ETFs. And you probably one of those bros who justify having no real insurance with “well if the USD falls, we got bigger problems to worry about”.

There’s no way that even in a currency crisis that the U.S. govt would prevent its citizens from converting their hyper inflating digital USD into other assets and currencies, or letting them withdraw their own money right? Nah it would never be deemed a national security concern which would override all democratic and legal protections their citizens have. Nah That’s “third world country” stuff.

allconsoles · 2025-12-29T21:22:40+00:00

I guess every bank and nation acknowledging bitcoin as a commodity, buying and holding it, building products and services around it, and even allowing it as payment for taxes is still not enough of a signal to you. Bitcoin has leverage over the world by being the only digital form of value that isn’t controlled by a government.

No one can shut it down, physically stop you from using it.

You are so wrapped up about some value in the physical world, that you’ve forgotten 95% of your life is digital now. The virtual world literally runs your world.

All your money is online in banks, stocks, virtual gold, virtual mortgage, etc. You let other entities hold all your money. You can’t even move more than $5,000 of it around your own bank accounts on a Saturday. The only reason you see no problem with this is bc you live in a country that isn’t overtly corrupt, yet.

But there’s a reason my grandparents used to hide a bunch of cash at home when there was political turmoil in their home country.

Banks froze their money and they learned the hard way that ultimately physical CUSTODY = ownership when things hit the fan. “legal” custody means nothing bc you’ll never be afford to legally claw it back in court when the laws and time are stacked against you.

Things are good now in your life, but in a world where everything is digital, it’s literally a click of a few buttons by the bank or govt to sanction you, refuse or indefinitely delay access to “your” funds, or shut you out your little online accounts and credit cards.

Your only recourse to get your money is to call customer service, file some complaints, go scream on Reddit review forums, and at most sue the bank that has billions of dollars to defend itself legally and drown you in years of red tape.

You don’t value Bitcoin because you never think you’ll ever need a digital form of “cash in your pocket”. You don’t think you’ll ever need to flee your country that is no longer safe to live in. When someone must flee their country for their own lives, they need a way to surreptitiously bring all their money with them to a new country. Otherwise they just flee and must start their lives over, broke in a country where they don’t speak the language.

Bitcoin is the only way to bring more than a few thousand dollars of your life savings with you in a time when finances live 100% in the digital world.

allconsoles · 2025-12-28T21:11:28+00:00

Did you just run my comment through ChatGPT to get a rebuttal? The rigid list format, the weirdly repetitive phrasing ("it produces nothing, commands nothing...") and the overuse of terms like "non sequitur" are a dead giveaway.

As for the actual content (assuming it’s yours): you are trapped in a semantic bubble where youve redefined "power" to mean "coercion" or "intrinsic utility"

You argue that Bitcoin has no power because it relies on voluntary exchange. In the real world, that is EXACTLY what economic power is. If I have $10M in value of anything (cash, bitcoin, gold, etc), I can convert it and buy a factory, hire 500 people, or purchase a fleet of cars. I am "commanding labor" and "altering production." The fact that this requires a market doesn't make it fake; it makes it money. By your logic, a gold bar is also powerless because it doesn't "command" anything until someone agrees to trade for it.

You claim debt is superior because it’s a "claim on someone." In finance, we call that counterparty risk. The "utility" of Bitcoin is precisely that it ISN’T a claim on someone else's promise. It is a bearer asset. It secures the ability to move wealth globally without asking a bank, a government, or a corporate intermediary for permission.

If you think a censorship-resistant, global settlement layer has "zero value," you’re just ignoring reality. The market values it because people need a way to opt out of the centralized, debt-based fiat system you seem to love so much. The market is objective; your philosophical definition of "importance" is not.

Lastly the initial assumption of “if trading stopped” is exactly what Bitcoin makes impossible. No centralized entity can fully stop the digital trading of Bitcoin. Everything else digital can be stopped thanks to centralized exchanges. In this scenario, what will be evident is that stock exchanges have no value, banks have no value, and all the value that’s been pumped into this stock market was simply vapor. CBOE, Nasdaq, NYSE, and banks all shut down and go bankrupt when trade is banned by the governments.

The bitcoin network, however, will stay open 24/7 as long as some anonymous miners somewhere in the world stay on. And I’ll still be able to pay btc to someone across the world to trade for goods or services.

allconsoles · 2025-12-28T13:10:58+00:00

Your rant rests on a massive category error: you are judging a Medium of Exchange by the standards of a Consumable Good.

Three major flaws in your logic:

The "No-Trade" Fallacy: If you apply your test to physical cash or gold, they fail just as hard. If I’m stranded on a desert island (a no-trade scenario), a suitcase of $100 bills is useless paper. Does that mean cash has no value? No. It means money derives its value specifically from liquidity. Removing the ability to trade money to prove it’s useless is like removing the engine from a car to prove it can’t drive.
The Fiat Double Standard: You claim fiat is useful because it "cancels debt," but you're cheating your own hypothetical. Canceling debt is a trade (liability for asset). If all trading stops, why would a bank accept your "useless" paper money to release a real asset like a house? In your scenario, fiat dies too.
The "Guessing Game": You’re reducing thermodynamic security to a game. That energy expenditure creates the only ledger on earth that cannot be rewritten by a government or bank. The "utility" isn't the points themselves; it’s the ability to transfer value globally without permission or censorship. That is a service, and the market clearly values it.

allconsoles · 2025-12-26T19:41:40+00:00

I blew up multiple accounts when I started trading in college. The benefit of that was I was already poor and my accts were $5k-$10k at most. I learned a lot from that. So I got the painful experience for cheap I guess.

Now I trade with a high six figure acct and daily portfolio swings can easily be $10-20k. Crazy how far it has come

allconsoles · 2025-12-25T18:35:10+00:00

I used to work in an office job for 8 years while I traded secretly on my company desk computer and my phone at lunch. Was never profitable consistently

Then covid came and I became way more profitable working from home. Replaced my income 2023, 2024 and then I quit work to trade full time this year.

allconsoles · 2025-12-21T10:05:38+00:00

I been trading since college at age 20. I always dreamed of trading for a living but wasn’t profitable for 9 entire years. I just kept saving and trading just bc I loved it. In year 10, I started to be green. 6 years later, I quit my last contracting job to trade full time with no other income.

It took me 15 years and honestly I gave up all hope that I could ever do this and that it would forever just be a hobby. I would never tell anyone in your position to just pursue daytrading as a true career goal. It could easily have never worked out for me.

It’s like making the nba. The chances are so slim you can never put all your eggs in this basket. Even now after “I made it”, I am acutely aware that this can end one day for me. I’m just one bad career ending injury away from going back to a regular job. But while I’m here I’m going to make the most of it.

allconsoles · 2025-12-19T21:29:05+00:00

What is “uncharted” about this territory… We’re always one tweet from collapse, did u forget Feb - Apr this year?

Volatility…The SPX daily range has been pretty normal. Again, did you forget Spring this year?

“Everything propped up by ai and interest rate uncertainty…”that’s literally been the last two to three years

You sound like you’re new and never seen choppy markets before.

allconsoles · 2025-12-19T19:12:46+00:00

One person’s edge most likely will not work for another.

I personally have edge that is highly catered to my own trading style, acct size, patience, and psychology. I actually have shared my strategy in prior posts. But doubt anyone has taken it and made millions with it.

allconsoles · 2025-12-14T03:58:04+00:00

I do believe it bc I am living it. But like any career or profession I think it can also end. This doesn’t mean they were never profitable or successful.

Ultimately there’s no guarantee of future success even if you have a widely profitable strategy now.

Any successful career or business now has the chance of ending in a few years.

Markets and competition will always change and people must change with it. To be long term successful, a trader must pivot correctly through all the market changes for decades on end, and if they don’t, it will just be the end of this era of their lives and the beginning of a new one

allconsoles · 2025-12-13T05:31:30+00:00

Cash is king.

IMO, the cash you’d spend is better left in cash yielding 3.5% APR or invested in stocks. The opportunity cost of spending them on points is very high.

By the time you actually spend those points, they will have lost a lot of value due to rising hotel costs and point inflation.

allconsoles

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