A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads
- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.
The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
That could be their little secrets that they wouldn't let you know and sometimes I think they are doing this to impress their viewers and as well beginners that are new in the trading space and really want to learn. And you're definitely correct they advice you to subscribe to their YouTube channel and watch some videos and all that abd that's how to become profitable, regardless with just the trading they ain't making it at all.. but in the other hand it helps though cause a beginner can learn from them and do well in the trades.