YouTube Bull S*** Videos

We were all new to Bet Angel once. Ask any question you like here and fellow forum members promise not to laugh. Betfair trading made simple.
Post Reply
Ry89
Posts: 6
Joined: Fri Dec 20, 2024 10:11 pm

So i was wondering if anyone has actually ever set a date and a time and then traded the markets Live on YouTube instead of just pre recorded boll***

Lets be honest here, We all have one or two winning trades in a day even if you are the worst trader in the world, which means we can all screen record and then narrate over the top and act like know what we are doing.

I am just wondering if anyone knows of any Youtubers that have actually Live streamed a trading day, and i mean actually live streamed, not the same old pre recorded sales pitch.
User avatar
Euler
Posts: 26472
Joined: Wed Nov 10, 2010 1:39 pm

Yes, somebody has traded live: -

https://www.betangel.com/betfair-trading-live/

Many times in the end, but still didn't get credit for doing it :lol:

That's a pretty provocative first post on the forum, so I checked if you were a customer and your registered email doesn't show up as even having a trial. It's nowhere on our database. If you were genuinely interested, I think you could have worded it differently for the first post.

If your post is genuine, think of learning to trade like driving a car. If you were learning to drive getting the instructor to just drive around a bit and hope you pick things up isn't going to cut it. So most of the educational videos we do, don't do that.

Most of the videos are blended to offer instruction on how a market is behaving like this one. Which compares two adjacent markets: -

https://youtu.be/7oxVWHVYdoE

While others talk more specifically about key market dynamics: -

https://www.youtube.com/watch?v=33h6v-i3xeM
https://www.youtube.com/watch?v=wnmdwYxLWOs
https://www.youtube.com/watch?v=Y8G2zvtcJ7I

Including losses: -

https://www.youtube.com/watch?v=FnzF8gxNYvI

Some about what you should really be doing: -

https://www.youtube.com/watch?v=JFrUzZXxmpE

I've even included videos of me teaching my daughter: -

https://www.youtube.com/watch?v=0okRzol9GOs

So I think with that car driving analogy in mind. I'm teaching people to press the clutch, put it in gear and start driving. But where they want to drive, is up to them.
Ry89
Posts: 6
Joined: Fri Dec 20, 2024 10:11 pm

Euler

Thank you for the response and the post is not supposed to be provocative. I can also ask you check the email again as i am a paying customer of Betangel. I understand how most videos should show what you explain and i understand why they are made like this to provide a detailed explanation which cannot be done live, however in my opinion Live Streams would provide some true merit behind the Youtubers posting (I am not trying to single out a certain person, more if the shoe fits) As even me that is a current losing trader could post them videos that have been narrated and only show my winning trades and make out as if i am some god trader.

Just to add i am very fond of the videos Peter posts and much appreciate them(I also fully believe Peter is a winning trader)I am just stating that any one person could post narrated videos that show winning trades and true merrit could be given to people that actually throw in a Live stream trading session every now and then.
User avatar
Euler
Posts: 26472
Joined: Wed Nov 10, 2010 1:39 pm

Ry89 wrote:
Sat Dec 21, 2024 2:55 pm
Thank you for the response and the post is not supposed to be provocative. I can also ask you check the email again as i am a paying customer of Betangel.
You are right, I apologise. It just seemed an odd first post, I couldn't have searched properly.

I know what you mean though. I look at some videos and I've no idea of the logic.

Worse than that some of them are completely wrong. There is a heavily promoted article I see often and it contains completely errornous information. It's just totally wrong.

I don't think you would ever see a real trader live stream an entire session though. There is just no upside.
Fugazi
Posts: 935
Joined: Wed Jan 10, 2024 7:20 pm

The problem with live streaming is this

Say 10,000 bad traders live stream for a year.

Some of them will be profitable. The rest can delete their videos and start again.

I think the route to success is this:

1) Watch the videos
2) Figure out who is profitable on here
3) Read all their posts from day 1, skim through.
4) Think about their strategy in the end, then start again reading through their journey and figure out what posts / questions link to their current strategies.
5) Reverse engineer.

The forum holds many secrets, if you have the time to commit.

As Keyser Söze said above, the videos are just the beginning, but important foundations
User avatar
ShaunWhite
Posts: 10548
Joined: Sat Sep 03, 2016 3:42 am

It's virtually impossible to describe all the thought processes, subjectivity and general awareness gained through experience that goes on subconsciously when someone who's really good trades.

It's also the case that a beginner physically can't process all the information, simultaneously and fast enough to try and emulate a guy with 20 yrs experience who's looking at 10 things. How they trade won't be appropriate for how a beginner should. I'm not sure there's much to be learned from watching. You'll learn more spending that time practicing
User avatar
Kai
Posts: 7158
Joined: Tue Jan 20, 2015 12:21 pm

Fugazi wrote:
Sat Dec 21, 2024 4:28 pm
important foundations
Fun is an important fundation

You see where misplaced anger leads
andy28
Posts: 589
Joined: Sat Jan 30, 2021 12:06 am

I can't trade for peanuts but I can drive a truck and not use the clutch once moving 8-)
Ry89
Posts: 6
Joined: Fri Dec 20, 2024 10:11 pm

Fugazi: I fully understand what you are saying however a live stream cannot deleted if a streamer was to set a date and time that they would commit to a live stream(because there would be too many people live watching), i know its not really relatable but i play poker semi professionally and when i learned the trade of pot limit omaha poker, i originally payed 1-1 tutor in the trade. I found this player as results are easily founded on the internet but mainly because they played live on live streams for numerous years and proved themselves as a profitable player over a long term, thus giving major credit in the community as a winning player. You have too see my point if view, I as a losing trader can easily post the same videos as Peter or any other Youtuber and make the exact sane winning trade videos even though i am a terrible trader thus giving no credibility whatsoever.


Sean: As stated above i understand that some
Videos needed to be prerecorded to show information but you cannot post 13 years of prerecorded videos and expect credibility from anyone with a brain as i have already stated which cannot be denied even me as a Losing trader can post winning trades with a narrative over the video explaining how i am a god trader. In reality i am terrible.


Euler: You say you would never see a trader live stream
As there is no upside but for me the upside for that person would be Credibility, Especially if that Youtuber is promoting some sort of course etc, also as stated above i can create numerous Youtube videos of winning trades with a narrative over the top although i am a total losing trader(Unfortunately as i hate losing).
Fugazi
Posts: 935
Joined: Wed Jan 10, 2024 7:20 pm

All very true

Ive thought about this again. If someone live streams, eventually they give away all their secrets and lose their edge. If Peter live streamed eventually you would be able to mimic almost exactly how he trades

By pre recording you can be careful not to give away too much information - but this does not mean the videos have no value.

In Forex markets, it does not matter of people trade the same way you do. There is so much volume available and thousands of styles of trading too. The pool is gigantic.

In poker, it does impact your edge if everyone learns to play like a pro, but the pool is much bigger. Think about it - if you could time travel back 30 years you would destroy the field. The reason you can't now is because lots of others have learned to play the same way. Ask yourself this - why did someone tutor you? Quite simply because they can make more money tutoring as the profit playing is ever shrinking.

So translate this to bet angel. Poker has millions of players and your edge is tiny because thousands can play very well

Betfair has a comparatively tiny pool.

Therefore the best solution is to provide enough information that is of value, but encourages variations and iterations of entry and exit as not to destroy your own edge. With Betfair just a couple of other people knowing how you trade could kill your edge. In poker it would take tens of thousands of players doing the same to crush your edge. In Forex the pool is just too damn big and constantly replenished with new traders

If you were playing poker with 5 people and they all had the same tutor you had - would you leave the table? Of course you would, you'd look for softer opponents. But what if 90% of the entire pool were playing the same way? You'd quit poker because of comission making it no longer viable
Ry89
Posts: 6
Joined: Fri Dec 20, 2024 10:11 pm

Fugazi: Yes that is all very true what you write, you would leave Poker tables if 90% of the players crushed the same way you did, however you can show 100 people how to play but they will always deviate from that anyway or not have the right mindset, its Not always about knowing but also executing. And while i believe it would be wrong to give away your edge it then makes Youtubers videos basically non credible by stating that what they are trying to say is the truth with nothing more to it. I just think if they was to live stream it wouldn’t make the slightest bit of difference because you wouldn’t be explaining all your secrets and what you look for, more just the proof in the pudding of actually being a winning trader without prerecording winning trades. In my opinion this is the only way to be a credible trader if you are selling courses. Peter does not really sell courses as such but gives free information which i am grateful for, i am just picking out the various others that do try and push sales pitches.
User avatar
Kai
Posts: 7158
Joined: Tue Jan 20, 2015 12:21 pm

Surely there are nicer ways to simply ask for more livestream content.

But probably too much to ask for on racing, people have done it in the past on football, in the Portuguese speaking sphere for example. They've streamed on Youtube and Twitch, while Rebelo has picked out matches in advance to livetrade in his published video diaries etc.
Ry89
Posts: 6
Joined: Fri Dec 20, 2024 10:11 pm

Kai when you say more livestream content? Like where is there even a single one livestream trading video.
User avatar
Kai
Posts: 7158
Joined: Tue Jan 20, 2015 12:21 pm

Probably in some of the links above?

But honestly you don't really care about credibility, you just want to see the methodology.

And I get that. It would be so nice if traders could casually stream their sessions, and interact with chat etc like they do on Twitch.

Alas, TMI.
Fugazi
Posts: 935
Joined: Wed Jan 10, 2024 7:20 pm

Ry89 wrote:
Sun Dec 22, 2024 1:39 pm
Fugazi: Yes that is all very true what you write, you would leave Poker tables if 90% of the players crushed the same way you did, however you can show 100 people how to play but they will always deviate from that anyway or not have the right mindset, its Not always about knowing but also executing. And while i believe it would be wrong to give away your edge it then makes Youtubers videos basically non credible by stating that what they are trying to say is the truth with nothing more to it. I just think if they was to live stream it wouldn’t make the slightest bit of difference because you wouldn’t be explaining all your secrets and what you look for, more just the proof in the pudding of actually being a winning trader without prerecording winning trades. In my opinion this is the only way to be a credible trader if you are selling courses. Peter does not really sell courses as such but gives free information which i am grateful for, i am just picking out the various others that do try and push sales pitches.
There are many members on here, if I were to see them live streaming for an hour I would be raking it in by next week.

For anyone that has spent a lot of time trial and error with various strategies, all it takes is a few minor tweaks here and there and you have your 'aha' moment. It can be as simple as not greening up saving you small percentages to make you profitable. Or using one of Dallas' bots, on specific markets at specific times. It's knowing which markets and at what time period to use.
Post Reply

Return to “Bet Angel for newbies / Getting started”