YouTube is one of the most important websites in the world with over 2.3 billion monthly active users. It hosts millions of videos, with more being added every day.
YouTube is also one of the best educational resources Where you can learn about anything. In this article, we will explain how traders can use it TraderTV To become successful traders.
What is TraderTV?
TraderTV is a YouTube channel previously owned Our parent company World Trade Day (DTTW). It is a large and growing YouTube channel that hosts high-quality business education materials, interviews with top corporate executives, and Live trading sessions.
YouTube channel is Hosted by Sean, Neil and Brandonwho have more than Two decades of industry experience.
All three are full time traders and are some of the most successful operators on the DTTW trading floor. as a result of, Anyone can benefit from his experience To learn more about the market.
TraderTv differs from other financial YouTube channels because of its live day trading features. else The channels, including CNBC, provide experts talking about the financial market but No progress for them Live trading.
Watch expert day trade One of the most important ways to learn about trading and investment. It’s actually the best approach for two main reasons:
- Traders use a real account Contains real money and not a demo account
- Traders apply the concepts they teach in a live account.
Who can benefit from TraderTV?
Anyone interested in the financial market It can benefit from watching TraderTV. Experienced and professional traders and investors can use the channel to learn new skills. We believe that anyone, regardless of their experience, can learn greatly from the channel.
For example, professionals Traders with decades of experience Interviews can be heard from CEOs And learn something from them. They can too expand their knowledge In some financial concepts such as technical and fundamental analysis.
A must have for beginners
Beginners have a lot to gain By watching TraderTv. Firstly, the channel hosts some of the most important business educational materials.
For example, it has such important concepts as technical analysis, fundamental analysis, trading journal, and others. Hosts don’t cover everything on these topics. Instead, they cover relevant material that they use in their day trading.
Secondly, beginners can Watch and learn the thought process that enter into trade. Instead of reading literature online, you can watch real traders research and analyze trades and then execute them. Through this, you can watch them make and lose money.
Third, beginners can You interact directly with the hosts during the live trading session. They are an active team that answers questions from community members.
Finally, they can use the channel to Get business ideas. Anyone can benefit from this. For example, if your plan is to trade Apple, you might see a good trading opportunity to trade another company like Tesla or Microsoft by looking at the channel.
In some cases, you can even copy their trades.
Ways to use Tradertv
There are different ways to use the TraderTV YouTube channel. First, you can use it Learn different concepts in circulation.
The site hosts hundreds of videos where the hosts talk about various trading concepts such as technical analysis, news analysis, and other types. These hosts talk about these topics in a while Provide real world examples.
Secondly, you can use the channel for Search for business opportunities. The hosts are live Monday through Friday, analyzing and executing trades. For example, they always make a short video explaining the Most active trades in pre-market trading. You can use this video to find new opportunities.
The live daily trading session starts at 8:30 am and lasts until 2 pm. Then they cover the close of the session from 2:00 pm to 4 pm. This means that you get access to experienced traders on a daily basis. Their live trading sessions are very popular, with most of them having over 50,000 streams in the entire day.
Third, you can use the channel to Get company news. Hosts have access to all the tools professional Wall Street traders use. Therefore, you can use the website to find the latest news on companies and other financial assets such as cryptocurrencies and commodities.
Fourth, TraderTV users can access a daily newsletter or a watchlist that takes a look at the most prominent drivers and their triggers. The email is sent daily and contains actionable content that you can use for trading.
Finally, potential day trade clients can Find out how the PPRO8 trading software works. Traders use the software to analyze and make decisions about their trades.
Is it possible to copy trade TraderTV?
It is possible to copy the deals executed by the team because they execute them directly and justify what they do. But, It is not always recommended to just copy.
As you will discover, not all of their deals are usually profitable. Therefore, you should rather watch the content and then use this knowledge to trade.
Doing so will help you in several ways. For example, it will help you learn and apply trading concepts that you see from the professionals.
Moreover, it will help you to be Better independent trader. For example, you will still be a great trader even if the channel is closed.
summary
This article looked at what TraderTv is and why it is a good YouTube channel to follow. And unlike other popular YouTube channels with live trading, TraderTV is Free.
You do not have to pay a one-time or monthly fee to access the content. You can even download videos and watch them later. We’ve also looked at the benefits of using the channel.