Looking to break into the world of stock trading but don't know where to start? These YouTube channels may help you get beginner-friendly explanations.
If you're a beginner in the world of stock trading, you might be wondering how experienced traders can determine the direction of the markets. It's not as simple as analyzing fundamental and technical indicators. One crucial factor that must also be taken into account is market sentiment - the overall attitude and feelings of investors toward the market.
So how can traders get a feel for market sentiment? One solution is to turn to YouTube channels for insight into the thoughts and opinions of seasoned traders. YouTube is a free online platform that offers high-quality content on a wide range of topics, including stock trading. Many experienced traders and financial experts use YouTube to share their insights, strategies, and predictions about the stock market.
Why Follow Stock Traders/Investors On Youtube?
If you're looking to gain insights from other traders and investors, YouTube is an excellent platform to turn to. As one of the most popular social media platforms, it attracts many traders and investors who share their insights, ideas, and trading strategies.
One of the benefits of following traders on YouTube is that it can help you tap into the herd mentality that characterizes the stock markets. When momentum builds, trends can run for a significant period. By trading with the trend, you can improve your performance and potentially generate higher returns.
Another advantage of YouTube is its massive user base. In the US alone, around 60% of YouTube users access the site daily, which translates to over 122 million people crowdsourcing information each day. With so many people sharing their insights and ideas on YouTube, it's easy to see why it has become a popular destination for traders and investors.
YouTube is also an excellent resource for those looking to develop their understanding of trading basics. Some channels focus on pinpointing trade entry and exit points, while others take a more comprehensive approach and explain how to put on trades and develop the 'trading mentality' needed to be successful. Many channels also feature interviews with experienced traders and live trading sessions where you can study and even mirror their trades.
Our article presents the top 7 YouTube channels for newbie stock traders that offer beginner-friendly explanations, market analysis, and trading strategies to help you get started on the right foot. They're a great resource for anyone looking to learn more about stock trading.
1. Warrior Trading (Daytradewarrior)
Warrior Trading has gained immense popularity as one of the most highly subscribed finance sites on YouTube, and for good reason. The channel has established itself as an educational hub for beginners who are trying to navigate the complexities of the stock markets. Subscribed by 1.03 million accounts at the time of this writing, Warrior Trading offers a plethora of educational materials that cater to the needs of novices, making it one of the most comprehensive libraries available on the platform.
The channel provides a clear and concise breakdown of the markets in a way that is easy to understand for beginners. It also covers a wide range of topics, from basic concepts such as how to read charts and interpret technical indicators, to advanced topics such as building trading strategies and managing risk.
The founder and professional trader, Ross Cameron, has an engaging presentation style that makes his videos an ideal starting point for those who are new to trading. The channel provides a step-by-step guide to trading, starting with the basics of candlestick charting and progressing to more intermediate topics such as applying VWAP strategies.
One of the strengths of Warrior Trading is its ability to cater to different learning styles. The channel offers a variety of educational materials, including video lessons, live webinars, and chat rooms, allowing beginner traders to choose the format that works best for them. The live trading sessions, where traders can watch Cameron's trading strategies in real-time, provide an immersive learning experience that is both informative and engaging.
Overall, Warrior Trading has positioned itself as an essential resource for beginner traders looking to learn the fundamentals of trading. The channel's comprehensive collection of educational materials, engaging presentation style, and variety of learning formats make it an ideal platform for novice traders who are looking to develop their trading skills and gain a deeper understanding of the markets.
2. Mark Tilbury (Marktilbury)
Mark Tilbury's YouTube channel has gained an impressive 1.53 million subscribers, making it a standout among the best YouTube channels for stock beginners. While it may not be the go-to channel for stock picks or trading signals, it does offer valuable insights into wealth management and developing an effective investment mindset. For beginner traders looking to create a solid foundation in investing, Tilbury's channel can be an excellent resource.
One of the unique features of this channel is its high-level view on developing a stock portfolio to fit into a comprehensive investment plan. In addition to discussing wealth management, Tilbury's channel also offers an in-depth analysis of a wide range of investment topics.
For instance, his videos explore How to Benefit from the 2022 Housing Crash, The 10 Best Stocks to Buy in Your 20s, and Why I Sold Tesla. With viewership numbers ranging from 2.4 to 4.2 million, it's clear that Tilbury's content is engaging and informative.
Tilbury's down-to-earth and entertaining presentation style provides an enjoyable learning experience for his audience. His videos not only outline potential pitfalls facing investors but also offer practical advice on risk management. This measured approach to investing is essential for beginner traders, giving more credibility to the videos that offer up trading ideas, such as what stocks to invest in during a recession.
In conclusion, Mark Tilbury's YouTube channel is an excellent resource for beginner traders looking to gain a deeper understanding of wealth management and investment strategies. With its engaging presentation style and in-depth analysis, this channel is worth adding to any trader's list of resources.
3. The Trading Channel (Thetradingchannel)
The Trading Channel is one of the most popular YouTube channels for beginner traders, and for good reason. Founded in 2014, the channel has amassed over 2 million subscribers who value the simplified approach to trading strategies. One of the most significant advantages of the channel is its ability to break down complicated trading concepts into easy-to-understand, jargon-free videos. This makes it an ideal starting point for beginners who are still trying to grasp the fundamentals of trading.
The channel has a range of videos that outline how beginners can develop a rule-based approach to trading and build strategies that can successfully navigate all market conditions. This approach has given The Trading Channel a reputation for being an excellent resource for those who are new to trading.
One of the best features of The Trading Channel is its ability to cater to traders with different time frames. Whether you're considering day trading or looking for medium-term pullback opportunities in high beta stocks, the channel has a range of videos designed to get your trading off to the best possible start.
The Trading Channel also offers an active community of traders who share their experiences and insights. This community aspect of the channel is invaluable for beginners who are looking for a supportive community of like-minded individuals to share their trading journey with.
4. Patrick Wieland (Patrick Wieland)
Patrick Wieland's YouTube channel is a valuable resource for beginners looking to learn about day trading using momentum strategies. Although it may seem like a niche subject, Wieland has managed to amass almost 194k subscribers by making the strategy easy to understand.
One of the standout features of the channel is the real-time trading videos, which provide an opportunity for beginners to observe Wieland executing trades in live market conditions. This can be an invaluable learning experience as it allows viewers to see how a professional trader applies the theory and strategies discussed in the channel's other videos.
The channel's focus on momentum strategies means that viewers can expect to find videos covering topics such as tick charts, RSI indicators, and predicting market moves. Wieland's videos are geared towards helping traders with small accounts gradually build up the size of their accounts by avoiding common mistakes and introducing discipline into their trading.
In addition to providing practical trading advice, the channel also covers the challenges associated with day trading, such as common mistakes made by beginners and how to manage risk. This provides viewers with a well-rounded understanding of the day trading process and the skills and knowledge required to be successful.
5. Craig Percoco (Craigpercoco)
Craig Percoco's YouTube channel has become an ideal starting place for beginners who are interested in learning how to set up and begin day trading the markets. Although day trading is a popular area of trading for many, it remains one of the more challenging skills to learn and master. With 264,000 subscribers, it is clear that Percoco has established a substantial following for his guide on how to navigate the markets.
One of the things that set this channel apart from others is the length of the videos. At around 20 minutes each, they do an excellent job of covering all aspects of how to be a successful trader. Percoco's engagement with viewers and subscribers alike is affirmed by the viewing figures. It is not uncommon to see individual videos from this channel amass 200,000 views, with one recent clip on DeFi staking receiving an impressive 918,000 views to date.
The strategies discussed on the channel are aimed at short-term trading, and they make use of a limited range of technical indicators. Percoco favors the use of the Volume Weighted Average Price (VWAP) and Bollinger Bands, which he believes are the most important indicators for beginners to focus on. To keep things simple, some of the more advanced oscillators are not included in the analysis. By stripping back the number of metrics, beginners can get used to trading using the most important indicators, which helps them build up an understanding of the basics and avoid the risk of going too deep, too early.
In addition to discussing trading strategies and technical analysis, Percoco's channel also covers other topics related to trading, such as risk management, trading psychology, and market analysis. By providing a comprehensive overview of day trading, Percoco's channel has become a valuable resource for beginners looking to develop the skills and knowledge needed to succeed in this challenging but rewarding field.
6. Financial Education (Financialeducation)
The Financial Education YouTube channel is an excellent resource for beginner traders seeking valuable insights on news events that could potentially affect the market. Hosted by Jeremy Lefebvre, the channel's daily videos offer a fast-paced and engaging analysis of where trading opportunities may arise. Unlike many other trading channels, Lefebvre is honest about the potential risks and drawbacks of certain trading strategies, rather than just highlighting the benefits.
Since its inception in 2016, the Financial Education channel has gained a considerable following of 720,000 subscribers, a testament to the quality of content provided. Lefebvre is straightforward in his approach, often outlining his trading objectives in his videos. He primarily focuses on finding the next big stocks, managing his portfolios, and helping his private stock group members achieve financial milestones.
One thing that sets Lefebvre apart from other trading channels is his willingness to make big calls. Some of his video titles include Selling Everything & Going 100% Cash and This Stock Has Lost Me Everything. Although he acknowledges that he is not always correct, the thought-provoking ideas he presents are worth considering for beginner traders as they develop their decision-making skills.
7. Phil Town (PhilTownRule1investing)
Phil Town's Rule #1 Investing is an excellent YouTube channel for those seeking to learn about investing in the stock market for the long term. Town, a seasoned investor, shares his ideas on how to build a portfolio that is designed to generate steady returns over time rather than chasing unrealistic gains.
Since the channel's inception in 2014, it has amassed an impressive following of over 431k subscribers, making Town one of the most highly sought-after YouTube investors. Additionally, Town is a renowned author, and some of his books have appeared on the New York Times best-seller list, which further reinforces his expertise on the subject of investing.
Town's library of videos is extensive, starting from the very beginning of the investment process, covering basic topics such as How to Invest $1,000 and The Four Major Rules for Investing. These videos provide a solid foundation for beginners to understand the fundamentals of investing in the stock market. As viewers advance, they can explore intermediate videos dedicated to topics such as the pros and cons of investing in tech stocks, how to invest during periods of high inflation, and other critical topics.
One of the significant benefits of Phil Town's approach is his focus on value investing, a time-tested investment strategy that has been used by some of the world's most successful investors, including Warren Buffett. He emphasizes the importance of buying quality companies at a reasonable price and holding them for the long term, rather than jumping in and out of stocks trying to make quick profits.
Moreover, Phil Town's approach is based on a set of simple but powerful investment rules that he has developed and refined over his career. These rules help investors identify high-quality businesses that are undervalued by the market and have the potential to deliver superior returns over time.
Overall, Phil Town's Rule #1 Investing channel is an excellent starting point for anyone looking to gain knowledge and insights on how to build a successful long-term investment portfolio. His videos provide practical and easy-to-understand advice on investing, making them an ideal resource for both novice and experienced investors alike.
Final Thoughts
YouTube has become an incredibly valuable resource for new traders looking to learn about the stock market. The channels mentioned above offer a range of insights, from day trading and momentum strategies to long-term investing and portfolio building. With millions of subscribers and viewing figures in the hundreds of thousands, these channels have proven to be hugely popular among traders of all experience levels.
One of the biggest advantages of these YouTube channels is the accessibility they provide. The videos are free to watch, and they cover a range of topics in a way that is easy to understand, making them an excellent starting point for those just beginning their trading journey.
However, it is important to remember that trading can be a risky business, and no YouTube channel can guarantee success. It is always important to do your own research and not rely solely on the information provided in these videos.
Apart from Youtube, Twitter has also become a popular platform for traders and investors. If you have an active presence on the social media platform, here are some recommended stock accounts to follow on Twitter.
5 Comments
George
May 7 2023
Is day trading something that beginners can actually do? I mean, I've come across Craig Percoco's YouTube channel, which seems like a great starting point for folks who want to learn the ropes of day trading. But let's be real here, day trading can be quite challenging to master. Still, with Percoco's channel boasting 264,000 subscribers, it's clear that he's got a solid following for his market navigation guide. So, what's the deal? Can beginners realistically jump into day trading? Are there any important factors they should consider before diving in? I'm curious to know about the potential challenges and risks involved in day trading that newcomers should be aware of. And hey, if there are any extra resources or tips you can share to increase their chances of success, that would be awesome!
Serge
Jul 6 2023
@George: In my opinion, day trading is something that beginners can pursue, but it's important to approach it with caution and realistic expectations. Craig Percoco's YouTube channel can be a valuable resource for learning the ropes, given its substantial following and market navigation guide. However, it's crucial to recognize that day trading comes with challenges. Beginners should consider factors like acquiring a solid understanding of market dynamics, technical analysis, risk management, and discipline before diving in. Additionally, day trading involves rapid decision-making and high levels of stress, so emotional preparedness and the right mindset are key. Being aware of the potential challenges and risks, such as market volatility and unpredictable price movements, is crucial. To increase their chances of success, beginners can explore additional resources like books, online courses, and trading communities. By building a strong foundation of knowledge, developing a solid trading plan, and consistently practicing in a simulated environment, newcomers can enhance their skills and confidence. Remember, day trading requires dedication and continuous learning, but with proper preparation and a commitment to ongoing improvement, beginners can navigate this exciting field. Good luck!
Sammy
Jun 8 2023
With the rise of YouTube as a valuable resource for learning about trading, it's clear that channels dedicated to trading strategies and insights have gained substantial popularity. However, I'm curious about the effectiveness of learning trading through YouTube. While t wehese channels have millions of subscribers and impressive viewing figures, how can assess the actual impact of YouTube in helping traders learn and improve their skills? Are there any success stories or testimonials from traders who have benefited significantly from the content shared on these channels? Additionally, what are some best practices or recommendations for effectively utilizing YouTube as a learning tool for trading? I'm eager to hear your thoughts on the role of YouTube in the learning journey of traders. Thank you
George
Jun 15 2023
Hey there! I want to ask, how effective is YouTube as a platform for traders to gauge market sentiment? What are some benefits of turning to YouTube channels for insights into the thoughts and opinions of seasoned traders? How can traders leverage YouTube to stay informed about the stock market and make informed trading decisions? What types of content can traders expect to find on YouTube channels dedicated to stock trading? How does the visual nature of YouTube enhance the learning experience for traders? How does the community interaction on YouTube channels contribute to traders' knowledge and growth? Thank you!
Lidya
Jun 26 2023
@George: Hey! YouTube is an effective platform for traders to gauge market sentiment and gain insights from seasoned traders. There are several benefits to turning to YouTube channels for market insights. Firstly, these channels provide access to the thoughts and opinions of experienced traders who share their strategies, analysis, and trading ideas. This firsthand perspective can be valuable in understanding different trading approaches and market dynamics.
Traders can leverage YouTube to stay informed by subscribing to channels that cover stock market news, technical analysis, fundamental analysis, and educational content. They can expect a variety of videos, including market updates, chart analysis, trading tutorials, and interviews with experts. The visual nature of YouTube enhances the learning experience as traders can follow along with charts, graphs, and live trading examples.
Community interaction on YouTube channels fosters knowledge sharing and growth. Traders can engage through comments, ask questions, and participate in discussions with the YouTubers and fellow viewers. This collaborative environment allows for the exchange of ideas, insights, and different perspectives, enriching the overall learning experience.