Twitter/YouTube Option Traders

LaxFan · Aug 14, 2022

I've stumbled onto many young option traders showing their big daily/weekly profits on Twitter. They do show some big profits along with some strategies/memberships to their various other businesses along with lots of motivational advice and pics/videos of the fruits of their trading. I'm not subscribing to their services, but am just curious.

Are these guys legit? Or they just basically gambling with options and selling courses? What's the consensus about these guys from professionals or this ET community?

sysdevel99 · Aug 14, 2022

What do you think?
Making $$$ is as easy as subscribing to some youtube services - next appointment lambo dealership.

danielc1 · Aug 14, 2022

When I started trading in 1987, I found a YouTube of this guy that drove a lamborghini countach. He explained how he did options day in day out, and I only had to pay him $99 a month to also have his succes. I never looked back and I'm still trading his method. I own now several Gulfstreams and live around the world.

MacBookProHo · Aug 14, 2022

LaxFan said:
I've stumbled onto many young option traders showing their big daily/weekly profits

Are these guys legit? Or they just basically gambling with options and selling courses?

The general idea behind it all is legit, but the Skill to pull it off Consistently trade after trade after trade is not legit.
Very, very, very few people have the skill to trade the future.

That's why those clowns sell courses, subscriptions, and content....because those money streams are more consistent, and much less risky.

mikeriley · Aug 14, 2022

When I started trading in 1987, I found a YouTube

Did you perchance put in the wrong date?
Youtube did not come into existence until 2005.

History of Youtube
https://en.wikipedia.org/wiki/History_of_YouTube

Most of what we see on the Internet today did not exist in 1987.

schizo · Aug 14, 2022

danielc1 said:
When I started trading in 1987, I found a YouTube of this guy that drove a lamborghini countach. He explained how he did options day in day out, and I only had to pay him $99 a month to also have his succes. I never looked back and I'm still trading his method. I own now several Gulfstreams and live around the world.

So there was YouTube in 1987?? What a friggin' liar.

schizo · Aug 14, 2022

This is the likely scenario when you subscribe to these unsubstantiated claims.

zghorner · Aug 14, 2022

mikeriley said:
Did you perchance put in the wrong date?
Youtube did not come into existence until 2005.

History of Youtube
https://en.wikipedia.org/wiki/History_of_YouTube

Most of what we see on the Internet today did not exist in 1987.

everything about his post was a sarcastic joke. lighten up homes.

mikeriley · Aug 14, 2022

everything about his post was a sarcastic joke. lighten up homes.

Thanks for pointing that out, homie

Overnight · Aug 14, 2022

danielc1 said:
When I started trading in 1987, I found a YouTube of this guy that drove a lamborghini countach. He explained how he did options day in day out, and I only had to pay him $99 a month to also have his succes. I never looked back and I'm still trading his method. I own now several Gulfstreams and live around the world.

The Cessna Citation X is a superior aircraft. You wasted your millions.