 So in this one I'm going to do a different type of video This is going to be the truth about stock market youtubers and We'll go through this in the video and so it's a different type of video Usually obviously we talk about different stock picks and different information But we'll go through this and this is more of a positive video In terms of what we're going through here And ultimately you got to think YouTube the stock market community has been growing massively More retail investors getting involved in the stock market and the community is growing massively, which is a good thing But there is some truth to be had about stock market youtubers including myself and that also viewers and Investors and retail investors need to also understand and I'm just going to be quite frank and honest and upfront with it Right, so first of all, you know essentially none of us are right all the time Okay, so I've talked about stocks and penny stocks and a range of stuff here on the channel and At the end of the day We're not right all the time. We may be right Maybe 60 to 80 percent of the time, but we're not right every on every single stock I mean if we was right on every single stock would be incredibly incredibly rich We'd be millionaires and billionaires right if we could be right all the time So one thing to note it says is when you do go on a YouTube video Don't just take what that YouTube video says whether it's mine. I include mine in this right It's important to have a look into your own research and also decide yourselves whether you want to hold that stock And although the big new tubers do say this and many of the smaller youtubers say this as well And we you know we do mean it when you know do your own due diligence, right because at the end of the day if a stock dips and If a stock dips because the markets down or whatever the reason is right, you know You're not going to panic sell because you've done your own research, right? And you're actually going to buy the dip. Okay, and ready for the run up for the stock and that's really important to do Right, so it's important to understand. We're not right all the time But also within that it's that's why it's important not to just buy a stock that someone mentions that any stock I mentioned you shouldn't just go out and buy, you know You see the ticker symbol then go out and buy or any other youtuber you see the ticker symbol you go out and buy It's important to take that video as a point of reference And then from that video then do favor research into the company to then decide whether you're going to go and buy This stock as well. So again, I just want to say some truth. I've been wrong I've been wrong on certain stocks, but I've also been right on on other stocks, right? So it's it's a mixed bag But I mean I would say about 60 to 80 percent of stocks 80 percent more around in terms of what I've been right on But again, we can't be right all the time. There's going to be stocks There's going to be unforeseen circumstances like for example short seller reports can come out on a stock Which could send the stock tanking unnecessarily and then you get a lot of panic sellers Who haven't actually done the research into the stock to then hold it through that and then buy the dip? So again, you got to think of there's a lot of variables that can go around a stock that can impact it and have Have a bad impact. I mean you had Gaxi, didn't you were making massive gains? I mean I was talking about that since zero point zero two zero, right? I've been talking about that when it was incredibly cheap. It's run up 200 300 percent 200 percent something like that and then trading two one two decided that oh by the way We're not going to let you buy the stock anymore And then obviously from that people sold off because where people will read it that they can't buy it You can buy it on other apps by the way, but they've stopped her you've been able to buy it on training two one two I'm sure that will get there's an issue going around. I'm sure that will get fixed But again, you know, it's made the stock go down now People are still up from when I first actually suggested it at zero point zero zero two or when I first talked about it You know because I'm interested in that area But again, the point here is is that truth, right? The truth is that none of us are right all the time We can be wrong just like as yourselves as individual investors. You can make investment decision And you've done research maybe even and it doesn't always go right, okay? So you can't be right on every single stock. It's just not the way how things work The idea is is to be right more than you are wrong so that then overall you're actually making money, right? And that tends to happen and and that's what's important, but we can't be right all the time So that's why it's important whenever you see a YouTube video including mine I say I include mine whenever you see our videos Don't just buy it straight away do your own research and look into it because again, you know We may be talking about it just because we're interested in the stock We're talking about it because we want to make a video on the stock But you know it's important to do the research to see if you actually agree You know you may disagree on a stock or agree so build your own unique sort of perspective on it as well And you know be be thinking right you know this they've made this they've made a stock video on this particular stock I don't particularly agree with this and go with your own instincts because sometimes we can be wrong including myself So that's that's what I want to say The other point is is the is there is a lot of pressure and YouTube content creators will actually Say the same thing right to actually so we make stocks that we're interested in But of course we want people to invest in stocks that are going to do well But none of us are financial advisors So you got to remember that and there is a lot of pressure to try and bring out content Not only is going to peak people's interest keep people watching and And you know we're growing the channels our channels But at the same time there's a lot of pressure to try and choose the right ones So so bear in mind that when we're trying to pick the right ones, but we can't always do that. Okay another interesting quote here is From Warren Buffett here So the stock market is a device for transferring money from the inpatient to the patient so sometimes you have to Think of the stock the way I like to think about the stock market is like an incredibly long game of 3d chess Sometimes you can have Reports that attack a particular stock they get short sellers that You know actually putting the stock price down But you got to think in the longer term you go have those long-term stocks where you're patient with them and over time Over the years they go into increasing price So it's really important to obviously have that patience within the stock market. It's really important indeed. I mean, you know Essentially, that's what it is. I mean you have clean you had You know clean energy stocks and energy related stocks EV related stocks. They've had had their massive dips before and Then they fully recovered and then reach new highs. So that's a great example of essentially You know people being impatient panic selling and then the patient ones that have actually held the stock for our actually a better offer overall In the longer term. So it's you know, it's just an interesting quote Another point is I want you to help out this youtuber now. It's called Tyler Hill investing recently his account has been Something happened to his account is that to basically create a new account He did have something like 9,000 10,000 subscribers something like that and he had an issue where basically he had to now create a new account So if you can help him out, I'd really appreciate that says it's sort of a call to help to help him out Because you know is lost all of what he's got is gained is you know making YouTube videos It's a lot of work and it's a lot of effort that we put into them, right? And Tyler Hill investing has had his account basically is not there anymore and now he's created a newer one So if you could subscribe to his channel Tyler Hill investing I'll leave the link in the description So do subscribe to him and help support the community. Okay Another quote is in the business world the rear view mirror is always clearer than the windshield So it's always good to look in hindsight on the stock market And when you're trying to look for future stocks, you know, you're looking for the bet next best stock It's difficult. Okay, because it's slightly unpredictable. We can't Fully predict that this is going to happen. We can only say it could happen, right? So, you know, I'm always looking at different stocks and research and all sorts of different stuff and You know, it's difficult. So it's always good. So well this stock didn't do this You know in hindsight But and then think I think in hindsight thinking back But when you're thinking forward in the windshield you can it's difficult, right? So it's a better in mind and then also Interesting quote here from youtuber. I'm not too sure if this is still the CEO. I think it might be anyways Our hope is to support those who use YouTube to share their knowledge with the world around the millions of users who come To our platform to learn and essentially that's what it's all about It's just about the sharing of information like I talk about stocks that I'm interested in okay And that's what I make videos on so so that's what I do And you know, I just I try to go into the stock what I like about the stock But I don't like about the stock why I think it's a good stock, you know again I'm not a financial advisor, but I like to I like to share my interest in business You know, I'm a business teacher So I like to be involved in business and I'm really interested in looking into different companies and seeing how they're growing So again, it's just about sharing information. It's about sharing knowledge and this community has grown massively If you think about it over the past few months so many more new retail investors That the stock market community is growing and there's so many different youtubers out there that are producing fantastic content Another one here is an interesting quote the investor of today does not profit from yesterday's growth So Yeah, so we're always looking to find that next stock that's going to do well And you know, we're all in the same boat on that, you know, I want to find the next best stock You want to find the next best stock? So it's it's the same situation, right? So it's interesting Okay Now also, I just want to say to everyone to support the community So I mentioned Tile Hill, but there's some other youtubers that I want you to go and check out You know build a community of stock market youtubers Now there is other youtubers out there with more subscribers and those create great content as well, obviously But I want to help out some of the some of the ones that are trying to grow their channels as well Okay, so I'm gonna give you some suggestions to support the community and go around and help in these other youtubers out, right? So we've got trading with CJ covers penny stocks in a range of different information It's a good youtuber get straight to the point very short videos straight to the point videos Which I really like and again, there's many more on the that's not on this list. I just can't go through all of them Right. I've just got to just pick some right. We've got Johnny love again He covers penny stocks very very good youtuber does regular live streams as well, which is quite good You got funky finance now He's involved in the Bitcoin mining area and he's covered like Bitcoin and crypto currencies and Bitcoin mining stocks He actually called out Argo when it was incredibly cheap and we're talking incredibly cheap I can't remember his exact price, but it's run up a huge amount And he was one of the first ones to actually cover cover it for funky finance It's also got some interesting channel branding. Well, Scott Osborne Foreman. He actually covers UK stocks Okay, so go check him out. He does a lot of UK stock market picks And it's good to maybe get some stocks in the UK market And we've got Reese Haslam. He covers penny stocks and SPACs and other stocks as well And it's really good particularly with his special acquisition companies He actually finds some really good ones that are going under the radar So again, and a lot of these YouTube's youtubers Produce pretty ten times better content than I do, right? So do support the community support some of the other youtubers out there Okay, it's really important and I just want to end this video here And this is more of a positive video right saying that, you know, there's pressure We're all in the same, but we're all trying to find the best stocks, you know None of us are all right always, right? We can be right most of the time, but we're not right all the time Okay, and then this last bit I want to end it on is we simply attempt to be fearful when others are greedy and to be greedy Only when others are fearful So this relates to any stock market days where there is a red day on the stock market You know, it's just completely red all the stocks are down the indexes are down You know, this is a time to buy when the stock market's down You buy that dip so that when it goes into the longer term You know, you're actually getting a cheap price and in the longer term You do really well on these stocks. So when you see the stock market down It's nothing to be fearful of it's to see it as an opportunity to buy dips on the companies that you believe in To then ride that wave up. So bear that in mind And also remember to join the stock club stock club button down below We talk about, you know, any recent stocks any recent information And you get some exclusive updates and details as part of the stock club And if you're new to the channel do subscribe it really does help out the channel We're trying to reach 20,000 subscribers in the next couple of months Which would be fantastic and do leave a like on the video to help the channel out and I'll sit Hopefully this video is okay I just wanted to give some sort of be honest thoughts right terms of the YouTube stock market community and at the end of the We've got to support this community help it grow so that we can all make money So thanks for watching the video. I will see everybody later and hit the like button subscribe See you later