Here are few legit retail traders who made it and also teach:
Oliver Kell is legit teacher. I went through his master class and he’s very good swing/position trader and extremely humble. He still sends me his set-ups and stocks he’s watching, and unlike Kris Qullamaggie, Oliver is on top of things and making money regardless of the market conditions.
Randy Opper (protégé of Zanger) is very good technical trader, and legit teacher.
Minervini is also legit, but he’s does not seem very technical, and his breakouts are very dependent on market conditions. But he’s the real deal, I’m sure that he’s able to adapt and make money in any market conditions (unlike Qullamaggie who could not cope with the changed market last year).
Robert Miner is also legit, humble, and trades very differently than the guys mentioned above.
About ten years ago I met a guy at forex factory, he had very high IQ and very analytical mind, and emotionally rock solid. He came up with totally different way of reading supply/demand, order flow and pure PA that I’ve never seen before (none of the Sam Seiden or Al Brooks regurgitated stuff).
He eventually began to run a small private live trading room where everyone was trading the new (unusual) pure PA which he discovered, and we were scalping EU and UJ on M1, and momentum trading other pairs mainly on M30, H1.
The number of R-multiples he was pulling out of the market each day was mind-blowing. I would not believe it if I would have not seen him trading live day after day. He apparently started out with 10K and turned it into 100K within a year, and then he went full-time trading and apparently ended up with 3.5MM within few years.
Are those figures true? I don’t know, and it didn’t matter to me because he was trading live real-time with us, fully transparent, and nobody was able to outtrade him. He did say that when he was building up his capital that he’d sometimes risk upto 3% on certain trades, which when combined with the high expectancy and trade frequency makes those figure somewhat believable.
He was very humble, he never bragged about his success, he only mentioned those figures because few room members kept on asking him. The trading results from his real-time, fully transparent live trading were legit, and that’s all that mattered.
He took hiatus from retail trading and went to trade for a prop firm in London, then he returned to trading from home and this time focused on HTFs so he could enjoy his family and money. Then he unfortunately suddenly passed away during covid, he was only 40 years old. His death really shook me, and I lost interest in trading for a while.I recently became disabled, and these two experiences made me realise that it really doesn’t matter how much money one makes, that it is just a game.
The few examples above are proof that there are genuine (retail) trading teachers/mentors who are transparent and make consistent triple digit returns even in position trading, and from my experience, I believe that the right mentor can take the trader to the next level.
Obviously, unfortunately the reality is that most of the trading “educators” are usually failed traders and they just know how to talk and market themselves without any track record.
Ultimately, it does not really matter because one has to become hard working independent thinker, the silver bullet does not exist. The one-size-fits-all does not work in trading.
Those of you who aspire to become a professional traders, you owe it to yourself to bust your ass until your dreams become a reality. Never settle for less than your absolute best.
