u/Many-Bumblebee7925

Are these newly surfaced “Quants” just the new generation of trading gurus?

I feel like the era of the typical YouTube trading guru is slowly dying.

We're now seeing more “quants” and data-driven traders emerge online, and some of them are exposing the old-school trading gurus by analyzing their claims, showing their lack of statistical evidence, or arguing that they're not actually profitable and are essentially just LARPing (posting Lambo photos, screenshots, rented lifestyles, etc).

And honestly, some of these critiques are pretty convincing.

But here's the thing: Can we actually trust the quants either?

Some of these guys are also selling courses, indicators, software, communities, or other products, except now the marketing is framed around statistics, mathematics, backtesting, probability, and scientific trading.

That sounds much more legitimate than the typical “SMC/ICT guru” selling a lifestyle.

But at the end of the day, it's still someone selling you something.

A strategy being presented with equations, charts, Monte Carlo simulations, and statistical terminology doesn't automatically mean it's profitable or robust.

So I'm curious what everyone thinks:

  1. Are online quants genuinely a better source of trading knowledge, or are we just watching the next generation of trading gurus evolve?
  2. What would you actually look for before trusting a quant who sells a course or product?
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u/Many-Bumblebee7925 — 1 day ago
▲ 72 r/Trading

Profitable trading feels like I'm not doing anything, is that normal?

I feel like being a profitable trader just means not breaking rules, waiting for setups, and executing well with the right risk. But in reality that feels like I'm not doing anything "productive", and yet somehow it's been generating profits.

I'm not saying I'm a profitable trader yet. The ups and downs have made me a lot less optimistic than when I started, haha. But genuinely, is that all it is? Wait and execute? It feels like there has to be more to it, but these days I barely do any actual trading "work" anymore.

Just writing this because for the past month I've been slowly grinding profits on my capital by "not doing anything" and it seems to be working somehow.

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u/Many-Bumblebee7925 — 2 months ago

What "clicked" for you in trading?

Yes, I know some of you will say there’s no such thing as a “click” in trading. And honestly, that’s exactly why I made this post. I want to know what other traders mean when they talk about their “click” moment.

Sometimes a “click” is just something that works for you temporarily, and you mistake it for finally figuring the market out. I’ve had multiple moments during my trading journey where I genuinely thought, “This is it. I finally cracked the code.” Then the next week comes, and the market completely humbles me again.

I think a lot of traders can relate to that cycle of feeling unstoppable for a moment, only to realize you still have a lot to learn.

So I’m curious, what was your “click” moment in trading? Or did you realize there was never really a single “click” at all?

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u/Many-Bumblebee7925 — 3 months ago
▲ 79 r/Trading

I'm only 2+ years in, but since I went all in on this, I’ve consumed a lot of trading content (YouTube gurus, Twitter, trading podcasts, etc.). One thing I noticed is that 90% of them are just scamming people. For all of you trying to become profitable, watching or even learning from those gurus is a waste of time, money, and energy.

Most of them are just selling courses and making money from prop firm affiliates. The pattern I keep seeing is that these gurus bring up their past of working at McDonald's, then talk about becoming millionaires through trading, showing off Lambos and a luxurious lifestyle. Classic.

Most of them also have strategies that are not even profitable if executed the way they teach them. And even if the strategy is profitable, why would they share it? They’ll probably say something like, "I love helping traders become profitable," or "I want to help struggling traders because I've been there," blah blah blah. Let’s be real, who would give out their secret recipe to the public? Oh, and there’s also something called alpha decay in trading too (look it up).

So my tip to all of you who are new to the trading space: go follow me and buy my course. Jk. But for real though, don’t buy mentorships, and don’t trust those influencers/gurus no matter what they say (sometimes they say things that make you relate to them).

The reality is, you need to find your own strategy or edge in trading. How? By increasing your chart time and researching ideas through testing and collecting data. From there, you should build a framework to work on and continuously refine it without overfitting. Best of luck, guys.

P.S. Maybe some of you already know this, but I still see so many new influencers and gurus getting traction. That’s why I made this post.

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u/Many-Bumblebee7925 — 4 months ago

In the past 2+ years, I was focusing fully on trading, using the same strategy that I found online as the base strategy. Backtested so many hours (manually), collected data, and refined my strategy based on the data. This loop feels never-ending, changing from one thing to another after recognizing the patterns that cause losses from my data. Sometimes I get winning periods and think that I actually find the edge, but then in the next month everything breaks and feels like I can't trade, repeating the loop above for refinements.

Nothing feels consistent when trading manually; some ppl say it's psychological problems. Which is also another problem with trading manually, and that's where discretion comes in. Most traders nowadays have mechanical rules defined, but upon trading in the real market, they don't really follow 100% of the rules they have, and they just follow their discretion. Now most of the YouTube gurus (that are legit) are actually using so much discretion to the point where they aren't even trading their strategy anymore.

Is this really how to be a consistently profitable trader? Using more intuition/discretion?

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u/Many-Bumblebee7925 — 4 months ago
▲ 2 r/SaaS

Statuspage.io wanted $29/mo minimum. For a side project. Just to tell my users, "hey, something's down, we're working on it."

So I built Statsy.

This is what your users see. Services, uptime bar, incident timeline.

Here's what I focused on:

  1. Free plan that's actually useful (1 page, 3 services, 50 subscribers)
  2. Straightforward and fast to set up (5 mins and your status page is live)
  3. Pro plan at $15/mo if you need more (custom domain, more pages, embeddable badge that links to your status page)

It's fully live at statsy.page, you can sign up and have a real status page running today, no credit card needed.

I'd genuinely love feedback, brutal or otherwise. What's missing? What would stop you from using it?

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u/Many-Bumblebee7925 — 4 months ago

So I tried using pine script on tradingview, and it's really good. But the subscription is kind of expensive for me to get more data (deep backtesting). I also tried getting on dukascopy but idk how to download lots of data there, it seems that I can only download per day and no bulk downloads.

Need help here just to get the data

reddit.com
u/Many-Bumblebee7925 — 4 months ago