Educational YouTube Channels for Day Traders
Add some free videos to your trading education
Watching a video can be better than reading in some respects when you want to learn something. You can see someone take a specific action or listen to him talk his way through a trade. Video is more interactive.
We all learn in different ways. Some of us prefer reading, while others prefer listening. Videos provide both visual and aural information. No matter what your preference, consider mixing it up. Read some articles from authors you like, then watch some videos on concepts they discuss.
These YouTube channels can be helpful for both beginning and experienced day traders to check out.
This might be the granddaddy of them all, with about 223,000 subscribers as of 2018. It leans toward instructional content with the goal of teaching subscribers how to actually make a living trading stocks. With tons of free educational content through daily reviews of real-time trades, you can't go wrong with Warrior Trading.
With 102,000 subscribers, the Investopedia YouTube channel is hugely popular. It provides short videos on basic trading and economic and financial concepts. This is a great place to start if you're new to trading and want to expand your vocabulary so that you can be sure you understand what other traders are saying.
Bulls on Wall Street
Bulls on Wall Street is another respected channel with everything from instructional videos to courses you can enroll in if you really want to educate yourself. It's ideal for beginners as well as more advanced traders who want to hone their skills. It has more than 51,000 subscribers as of 2018.
Day Trading Academy
Check out the Day Trading Academy YouTube channel if you're more into futures trading. This channel focuses mostly on day trading futures with a minor focus on stock trading.
It has a lot of videos, including some live trading and live class recordings, as well as an introductory series of short videos on getting started in trading. You'll also get a lot of interviews with traders, as well as important, up-to-the-minute news monitoring to keep you up to speed.
Day Trading Academy has more than 38,000 subscribers as of 2018. It's the educational showplace of Meir Barak, an experienced and successful stock trader who's been at it for nearly two decades.
The DailyFX EDU YouTube Channel is another one you might want to check out if you're a forex trader or want to be. It has a lot of videos on forex basics, trading tips, platform setup for Trading Station, and recorded webinars. DailyFX is the educational and analysis arm of FXCM, the forex broker. It has almost 4,300 subscribers.
And while you're checking out DailyFX, don't overlook its Forex News offering with more than 42,000 subscribers. Find out what other traders think of current global financial events.
First off, the VantagePointTrading channel—my own—is in its infancy, but it offers several videos on day trading forex, swing trading stocks and forex, and finding dividend stocks to invest in. All traders, even day traders, should be investing!
There are also tutorials on various free trading tools, on setting day trading targets and stop loss levels, and strategy videos. This channel mostly focuses on stock and forex trading and has more than 4,200 subscribers as of 2018.
Don't overlook the WinnersEdgeTrading YouTube channel. This one focuses mostly on forex swing trading and longer-term forex trading. There's still a lot of information for the day trader though, including videos on trading psychology and basic trading strategies that are applicable no matter what time frame you trade on. It has a little over 2,000 subscribers.
A Word on YouTube Channels for Trading Platforms and Tools
Every trader requires a trading platform and occasionally some research tools as well. The YouTube channels listed here will help you get acquainted with various trading platforms and research tools.
Unfortunately, not all trading platforms and trading software companies have YouTube channels. If you use a certain product, check to see if they have a YouTube channel that can provide you with some useful tutorials. Otherwise, you might want to check these out.
NinjaTrader is a great day trading platform, and the NinjaTrader Ecosystem YouTube channel provides a lot of helpful tutorials on using it. You'll also find some trading lessons here as well.
Stockfetcher is a useful tool for finding stocks that meet certain criteria. It's effectively a stock screener. The stockfetcher YouTube channels provide guidance on using the software.
TD Ameritrade has a YouTube channel with videos on the thinkorswim and Trade Architect platforms. The thinkorswim Learning Center is a better place to go to have all your questions answered, however, because the YouTube channel only has a sampling of videos.
The Sterling Trader platform allows for trading in options, futures, and stocks. The SterlingTraderInc YouTube channel provides several useful guides for using it.
Some Final Words
Diversify your learning. Read, but also watch. Videos feel more interactive, and someone discussing a chart or concept might provide more details than when they are writing about it.
Don't take everything you see or hear as absolute truth. Find some traders who are willing to share what they know and have learned and who aren't filling their videos with hype or sales pitches. Follow them. There's no need to follow everyone because you might end up with information overload and conflicting information. After all, everyone trades a bit differently.