I don’t understand why someone making $1 million a month trading is selling subscriptions. Maybe Ross enjoys helping others and love’s being a celebrity?
I think the money he makes from selling courses,youtube subscription,etc is his sole source of income. The money he makes from trading,which stands at about 17m, is in a tax deferred IRA and he cant touch it until he's 59.5 years old.
Thank you, I am still a bit critical about. I am interested if L2 is legit despite manipulations, not if Ross Cameron is legit even if I asked you because i found this 3 mil refund from regulators, I really do not care. Anyway I am glad you sent me because I found his youtube channel that looks interesting ( I take whatever input I can and sieve myself critically) I will tell you something why I am not convinced: He loves to teach, but he ask 4k for the pro subscription, this makes me prefer to keep buying wiley books and see moglen and CwT interviews rather than follow his courses, an O neill book cost for instance 20 eu is packed with info He has IRA blocked for the pension, and make supplementary income with courses? Glad for his followers but this does not convince me at all, because I have a similar situation, and know that if will keep being profitable will just keep also a cash account, let it grow and use it for my expenses, I could make courses, it would help to systematize my thoughts but... I did not reinvent the wheel nor almost any course, all the info is available for who is smart enough to get it cheap, and most important if I have the key to buy to an xxl supermarket for free, I am not going to diversify and buying the same products in another much far supermarket with a lot of effort and time(that means taking the time to create a platform, interact with IT people, dealing with clients, disclaimers and stuff. I would just keep going to the xxl supermarket(Nasdaq direct trade) Maybe I am wrong but this is what logic suggests to me.
Your original question was about day trading and no one does it better than Cameron. But hey,you do you.
What is L2, does that mean seeing the NMS order book? Yeah it gets spoofed but a seasoned person can see that happening. Tape reading is a lost art and anyone, but especially short term traders, would do well learning how to do it. It’s the purest way to feel out the flow