Teaching You To Trade 

This is what it looks like to operate with integrity. ❤

I'm a very cynical bloke and yet all I can see is you giving people very very sound advice. This cycle of the rich and super rich asset stripping the middle and lower classes is something I became acutely aware of around the time of the 2008 global financial crisis. All the big banks and investment firms were given massive bailouts from taxpayers money, the value of assets especially property tanked and they either took them as people couldn't service debt or bought them for practically nothing. Now it's happening again... this is what they want... "to buy your mums house" and keep you in financial poverty all of your life. Something needs to change, this cycle needs to stop.

Thank you Gary In the 1980s Black Wednesday when they put interest rates to 15%. Enormous numbers of people lost their homes, businesses, and these were auctioned at a time when regular people didn't have money to buy them. So the rich buy them at half their market value. Then they sell them back to us in 5 years time once they've doubled in value. They sell them to us once they double their value, and we buy them with mortgages that are bought from them! And they give us those mortgages with money they got at a lower interest rate from the government. Which is funded by our taxes! That they don't pay. Once you start to see how it all joins up, and where we fit in this. You can see that they just exploit us, over and over, and over and over. This is why they have to influence, own, the media. This is why they have their Mansion House get togethers - the rich sitting with the economic politicians, as well as well their other get togethers, chats and planning. The British people are a cattle farm to them. They treat us like cattle. Dragging the elderly, some with covid, from hospitals and driving them to care homes where they would infect other elderly people, who died. That's like how cattle are treated. Not people we care about. Many examples of severe policies. Just look at how they cut wages, in real terms, during a prices crisis for food, bills, etc. And after they deliberately crashed the government with an extra £100 billion in debt by Liz Truss - this debt was sold from rich banker lenders. They made huge profits and commission. Kwasi and Liz are sitting golden, because they helped their guys get serious money. Nothing went wrong for the rich in that moment. In fact everything went right. And the 2 million people that will now struggle with their mortgages are a fat juicy target waiting for the rich ruthless to buy those repossessed homes that will go to auction for much lower price. The price will be low at that moment because few people will be able to afford to buy them. Rishi Sunak is closing the local swimming pool in his area where he is an MP while at the same time building a beautiful luxury swimming pool in his house just for himself. Using Non Dom tax avoidance. Whom he won't tax. Because it saves HIM millions a year. It would have brought in £3 billion + a year from drug tax avoiders. Etc etc. The more we look and think about how it's all connected the more we can see how much we're being exploited. We have to get political and we have to protest. Maybe a 30 minutes walking slowly, driving slowly, on our high streets etc. Just for 10-30 minutes. If we did this. Like the Thursday evening clapping for NHS workers.

Brilliant advice. Myself and my wife decided to pay debts off instead of investing, the credit card and loans have gone, now we're over paying the mortgage, and live is financially easier, but it's hard work only buying what you need and not what you want, as temptation and spending fashion tries to take your hard earned.

I’m a late starter due to various reasons. These days there’s so much information and opinions and dream sellers. It’s a real blessing to find integrity and conscious honest realism. Thanks for taking the turn on your path that you did. You’re giving me the life lessons I missed. Peace brother 🙏🏻

When you’re poor, struggling and have a family - you watch these videos looking for answers… and makes it much worse

“Wealth quickly won dwindles away, but if amassed little by little it will grow.” Proverbs 13: 11

In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Walter James's valuable insights and daily trade signals, coupled with my commitment to continuous learning, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!

Thanks for sharing FET and AMSAPHM9💯

Very wise words Garry. People: Don't get involved in trading unless: 1. You can afford to lose your capital; 2. You have a very sound understanding of volatility, correlation and market risk management; 3. You able to disconnect your decision making from your ego (don't get over confident from wins nor cling to losses).

Now this is some valuable information. Thank you for not selling us a dream and telling us the reality of it all. Keep doing what you do and merry Christmas ✌️

Had a former colleague coming to me crying bc he lost his life savings on GME and crypto. So many young people got trapped during COVID. So much cynicism. You are a hero Gary. 🙏

Gary - you are a very wise man indeed; solid insight into human nature as well as economics and trading. Thank you for your channel.

An absolute breath of fresh air. You are a rarity in this world, and especially the financial world. Not only have you been on an incredible journey, you are now sharing the brutal knowledge you have learned with honesty and clarity. Only a handful of people really do this. A pioneering voice that stands out among the bullshit noise of youtube "financial advisors". For honest advice, you sit alongside Buffet and Munger in my book.

This is such sound advice. Yes, the markets are rigged against inexperienced traders and can lose you lots of money. The sad reality is that the economy is also rigged against it's ordinary citizens and whichever game you play, you are likely to lose. Thanks for what you are doing, and opening people's eyes, so they can really see what's going on!

On point video Gary, I’m a Property Trader over 20 years and had so many people around me going crypto crazy, all now in loss, at the time they couldn’t understand why I refused to invest and stayed in my lane. My simple answer being I can’t trade as ‘asset’ I don’t understand, same when if I don’t understand the fundamentals of how a building is valued there’s no deal. The first hand stories I’m hearing of ordinary working people losing money they don’t have is eye watering, the human and relationship fall out is heartbreaking.

I stumbled across this by accident and it was very sobering to realise you described me to a T. I started trading with some initial success as I wanted to escape the debt I had accumulated just trying to support my family. Fast forward 24 months and I'm in the hole to the tune of 25k and it's near impossible to recover. People who can afford to live comfortably don't ever feel this pressure, betting shops are not full of rich people because they never feel that same sense of inadequacy a 'normal' person feels just trying to get by.

Love your channel Gary. You have been a real eye opener for me

Considering the current market conditions, AMS89K appears to be massively undervalued

Absolutely love your videos. I wish everyone would be made to listen to what you’re talking about regarding the state of the economy and the propaganda pumped out by certain media mail, telegraph sun etc.. Please keep fighting the good fight.

This video is brilliant. I am a doctor, and still ended up being caught up in this. I lost about £20,000 before I realised what a fool I had been. Thank you for being so honest.

I 'm a fan of your work but I nearly didn't bother to watch this one because I consider trading to be a risky activity requiring skills and knowledge (and money to lose) that I don't have. So good to see you spelling this out for a new generation. Your trading record and skills are impressive but what I think is far more valuable is your informed assessment of the state we're in and what needs to change. Thank you for your work and please keep it up.

Gary, thank you for taking the time to inform us common people on such matters!

Hi Gary, “trading is a form of gambling” is one of the best pieces of advise you can give. I know a few people who jumped on Crypto and lost there original deposit. I take to them and share your videos with them, it it’s like the Crypto community is blinkered and cannot be told. What you are saying should be a warning to people, but I feel society is influencing them they can win quickly and most people cannot. I was always told if you read about a share tip / trade then you’ve already missed out. Thank you for all the content you out out. Happy Christmas to you and your friends family and subscribers 🎄💜

Great advice , its rare that to hear such wisdom on youtube. Thanks for sharing 🙏

I don't trade in anything yet, (you need money to trade) but you are brilliant. Honest, and full of rational sense. Thank you. And people must understand that there is analysis in trading. They need to read, to study. It's not just about potluck and betting. Your advice is excellent.

Thank you Gary , I’ve recently started watching ur videos . I love ur content mate . It’s generally negative information but the ugly truth is better than a beautiful lie , you have really opened my eyes on why I shouldn’t trade as the time and commitment I have to put in would be far less than someone who is a full time trader . It really does feel like gambling and I hope this gets a lot of exposure to wake people up .. your a legend !

Confirmation bias is a real thing - thanks for sharing the lesson.

Absolutely true. I am proud of you for keeping to your morals.

Fair play for telling it straight, Making money through trading is not a licence to print money as some 'successful traders' like to pretend. That's why 'successful traders' like to sell their course rather than continue to 'make fortunes' from trading. It's just too difficult.

Absolutely amazing video thank you Gary for talking complete sense in a world that is currently full of craziness! More people need to see your videos.

A great video Gary and the human side of trading is so important to understand. My experience is that we don't take advice that well and only really learn from our own mistakes. This leads many people to get burned, talk negatively about the markets and never come back. A crazy mindset as it's a proven long term safe haven for the patient and sensible investors 👍🏻 Trading is different to investing as it's all about timing the market rather than time in the market. Yes it can be done and scalping a bit here and there is fun when it goes well but is no substitute for long term investing.

much needed video. i'd love to send it to about 4 people i know but i don't want to offend them by implying they've been foolish so I guess i won't. but it's a shame. thanks Gary. you have a real heart.

Linking people to this any time they ask me (an economist, emphatically NOT a trader) if I can help them with their investments and finances.

Lol, the same thing happened to me psychologically using CFDs. Made £60k in six weeks on paper, didn’t sell at the right time and then chased the profits that in my mind were my absolute right. Two months later I’d lost every penny I had in the world, £65k. Ended up losing my house. It’s a dangerous world out there. I honestly think if that trade had worked out and I’d have got my £200k target I would have eventually ended up in even worse trouble, probably bankrupt. When I think of that time I shudder. I’ve made myself comfortable by other means now but I’ll never do anything like that again.

So much respect for your honesty and integrity, thanks for this. Barb

Great video. I’ve done the same for people. I’m a pretty informed on tech and gave some friends ( not poor guys I might add ) some trades. Just time sensitive provisional things. Example, I said that for about a month Nvidia stock will fly up. Until people see 1 -the 4080 vs another rival card at a close price point & 2 - their server solutions are not as heat effective as a competitors. This was a lot of reading, understanding, and some guessing, but educated guesses. It was a 35% ish jump so very nice. I put a big sum on. My friends putt less on and it turned over nicely. So then I’m getting msg’s - where do we go next? - so I said…the bank! They didn’t like it. Thought I was holding out. So like your video said now convinced they are expert, they bet on various things. Over 2 weeks whatever they had got eroded from stupid jumps and jumping again with no info behind it. So now they are like -save us man! I lied & said I was out due to the downturn of the market - blah blah.. so they took the small losses. Got out not that happy… I regret telling them about it at all. I think I made it seem far more easy & straightforward than it was. 🤦🏻‍♂️ Now I say if asked - trade on your fundamentals! I won’t elaborate. 😐

You're a great guy Gary, you're someone that could make millions form your image as a working class lad turned successful trader, suckering people in with paid for advice and tips. But you don't, you tell people the unpopular truth, that there is no sure fire get rich quick scheme, and that the real answer to their problems is to enact political change that will make the economy work for ordinary people. One of the greatest coups the ruling classes ever pulled was to sideline working people from politics through apathy, so many people I talk to see no reason to vote because "they're all the same" and "I don't see any benefit from voting myself so don't bother". They don't seem to understand that this apathy allows for those in power and their friends to take everything. Anyway, keep it up Gary, I hope that by continuing to give out the unpalatable truth to people they might start to wake up.

That's a very good point...thanks for your very honest opinion.

This was sage advice. You deserve way more views.

Fantastic to hear someone tell it as it is, THANKYOU.

Finally, a real economist 'guru' educating the ordinary people the reality of trading/gambling. After seeing the nonsense gurus on RU-vid trying to sell you thier courses, I've been very skeptical. Now you've reaffirmed this. Thank you, I'll stick to the index funds.

Love how I got a Trading Platform ad right after watching this video: 'This is how I became a millionaire, trading for just 3 hours a day' 😂🤦‍♂

Excellent message. I keep saying much of this to my kids but now I can also point them towards this video.

Garry tells you to avoid crypto at the absolute bottom of the market

This stuff isn’t easy but it’s possible with the right info and mindset!

Wow I appreciate it man. I didn't expect this video to be like this, but you gave the best advice I've ever gotten

Brilliant ,as one was exactly as Gary describes for us mere mortals it's a mugs game. The whole system is geared for the masses to lose money, not make it. You'll need to have lots of money to maintain a good trading margin, and if you have that, why trade? Thanks again Gary.

Thanks for this Gary (think your fire alarm could do with a new battery btw)

Good on you mate. Just caught your bit on BBC talking about the Tories levelling down strategy... Like trickle down. Trickle up more like it. Good stuff 👍

Traded on and off since i was got the bug studying Economics at school.(worst school in Scotland according to tables and here was I studying economics) So after say after 34 years of that I can whole heartedly agree with Gary. It's hard and really you need information that other people don't have. I'd describe it as similar to the grand national where both the jockey and horses are blindfolded and nether know where the fences are. Trade for any amount of time and you will lose.

Great video and so important. I’m seeing these trading apps being advertised to people here in Brazil “trade and make profit in dollars”. It’s so dangerous and there’s very little real information available

Thank you Gary. Wise words. Advice taken.

Love how this is explained, without being condescending. I’m one of the lucky ones and have assets. My advise is to anyone, start your own business and enjoy the ride..

Thanks for keeping up the message, Gary.

Very interesting hearing you talk about the psychological aspect of trading and how even with a perfect signal, your friends still managed to mess it up. Timing is everything.

Love your simple description of the psychopathy of the markets and the dangers of following it's psychopathic swings instead of being able to exploit these swings. .

Brilliant. Wonderfully honest.

Most retail traders lose their money because they adopt a strategy of dollar cost averaging i.e. increasing the size of their bet as the price moves against them. The problem with doing this is that it actually works a lot of the time thereby giving the novice or newbie trader the belief that they can actually succeed. However when the price does not recover and you have a big red daily candle, emotion takes over and a retail trader will typically close out for a massive loss cancelling out all their previous wins and more in the process. This is a cycle that repeats over and over.

Well done. Excellent much needed content.

I think the message of Gary's video is 'Get into Politics, not trading'.

Brilliant!! Subscribed and "Liked"! Thank you!!

I appreciate your honesty so much

Most people should not trade as they have no self control. My stock portfolio has been a roller coaster the past few years. If I bet big when everything looked great (stocks rising) and called it a day when things were plummeting (selling at a loss), I would be doing everything wrong. The stock market is about going against the crowd. The market is a human reaction to companies, not the actual value of the companies themselves.

About a decade ago I had a family member who was looking at forex trading and I started reading into it. I couldn’t get a handle on exactly how the money was made and what I did see was the vast amount of people who were getting ripped off by dodgy account holders and as a result I never got into it. This is a great video that lays bare the issues with the industry. Strangely enough as I’m typing this there is an ad for trading 212 🤣 the algorithm is in force! Gary is it plausible to think that when you set up a sandbox account on a forex trading platform and it seems to make money straight away - that that is what the demo account is designed to do? I never compared actual market movements with what I was shown on the screen but I suspected something was off as to why I could earn a lot straight off..? Just a thought. Keep doing the good work - listened to you on full disclosure great interview.keep going

I agree ,trading isn't a get rich quick scheme. However you could make money in the market by learning , improving and understanding risk management. The problem is that most people just want the outcome without putting in the work , that is not going to happen.

Really love the honesty and integrity. Does this also relate to all these traders who sell the dream through 'simply copying their trades'

Props to you for speaking truth, that's a rare quality these days.

Thanks Gary - I was thinking about some some risks with my small inheritance. I appreciate your wisdom.

Thank you for putting reality before clicks. Please keep hammering home the reality.

Excellent video and great advice as ever Gary. Top man.

You are right about speculation I bought shares as soon as the covid thing hit and the market went down the equivalent of 6 years of growth. But it’s long term holdings that rose 100% in 18 months. But I hold for 5 or 10 years. I know people who sold at the bottom through panic which I do not understand . I would still like to see your long term hold funds you mention in HL in ISA etc etc . It’s probably the way you can help people hold for a very long time. Speculating is a mugs game if you do it part time for the average person.

Thank you so much for the honesty. This is an expensive quality you can't find in cheap dream sellers.

thank you Gary... pearls of much needed wisdom. i've been building a horse racing system for several years. Luckily.. one of the first decisions i made was to build a simulation system to test my theories.. in short.. it doesn't work.. so i don't bet.. doesn't stop me trying to make it work though.. but.. much like trading.. its a huge amount of work..and even after all the work it still doesn't return a profit...

Thank you. Really important message for all of us

Must watch for all wannabe traders. Wish I saw it before I lost £250, at least I knew where to draw the line, many people don’t. Thank you, Gary, please continue teaching life wisdoms.

What does it take to make life changing money in crypto?

I was very successful in covid I also betted in assets going up took a massive risk on BTC and alt coins cashed out just before the blow out top (thank god) I learnt market manipulation and has been my biggest asset to date now I'm a lone trader they going one way I watch I wait I execute. Your videos are pure gold Gary 🙌

Gary love your videos. Would you think of doing interviews with economists or other public figures to give us more perspectives on other economic theories. I'd also love to hear your thoughts on the labor union activities right now.

"Trading is gambling" 🎯

Just found your channel. Thank you for your honest opinion.

I've never bought a share but can completely understand the addiction from the feeling of winning when you put money on the football. But, the house always wins! Now I stick well clear of it all!

Great lesson, thANKS

Hello Gary. Which stocks and shares ISA with a bank would you recommend? Thank you, Phupinder

Gary great info keep it up.

Basically don’t trade advice haha. I understood the message, a friendly reminder of how much lack of knowledge we have about the game

Great Video G Thank you...

As opposed to "trading", which is short-term and high risk, I would advise careful long-term investing on the stock market, investing equally in 15-25 different companies for further risk reduction. It won't make you rich quick, but it's much more likely to get you there in the end.

So how safe do you think Cash centres are given its the Royal Mail? I think you should be shorting the royal mail, it might help the workforce to hit them with a left and right and get a faster outcome.. stock markets are a Ponzi scheme and pension funds are the fuel

Excellent video. I was immediately put off trading by the idea (for example) that you can actually sell Gold, but not actually have Gold. Nuts. Got £100 in a trading account and just play with it for fun, will never trade anything more.

Gary you are a total legend.

I want to learn more about these sound principles and market indicators, what books would you recommend

Gary - you are a treasure. I hope millions of young people watch, listen and learn from you.

Thank you great info

Thanks for sharing

Thank you for such an honest and genuine advice. Shall I stick with my cash ISA then? But savings and cash are eaten by inflation...having said that do you have any advice on which is the best way to invest? You said "stocks" but is this the same as trading? I'm new to this channel so ignore me if you have already talked about it. Many thanks.

Thank you for being honest.

I like this vid. Good insight and good advice.

Perfect summary and such an important topic!

Great honesty and very well spoken.