I have been trading for a while and often come across ads about elite trader secrets and advanced strategies.
It seems like they mostly want you to pay for courses or join premium groups. Some promise returns like 80% success rates.
I feel frustrated with all these claims. It often feels like marketing nonsense, but I wonder if there is something real out there.
Has anyone found genuine advanced methods that actually work?
Many elite strategies boil down to simple trend following and keeping risk at 2%.
Many premium trading groups often recycle basic concepts while labeling them as advanced. In reality, what counts is gaining experience in reading price action without overcomplicating your charts with indicators.
Effective risk management outweighs any fancy strategy. Be wary of those lofty success rates in ads as they tend to overlook reality. They typically ignore losing streaks and the fact that market conditions are always changing.
Premium courses mostly recycle basic strategies available for free online. Those 80% success rate claims are unrealistic as no one achieves those consistently in real trading. What truly works is solid risk management, market psychology understanding, and sticking to your trading plan. Profitable trading is often dull. There’s no secret formula you’re missing. Focus on building strong fundamentals instead of seeking shortcuts. The best traders I know use straightforward strategies and execute them well.
Blew $800 on some “elite secrets” course in my second year. The guy swore he had exclusive patterns that’d change everything.
His “secret”? Basic support and resistance with fancy names. I finally made progress when I quit hunting for magic bullets.
My best month ever came from simple candlestick patterns and proper position sizing. That’s it.
Tracked 50 premium signals for 6 months. Win rate was 52%. Free TradingView indicators performed similarly. Do not pay for signals.