What we have come to know as Humbled Trader began with Shay–a popular YouTube and Twitter personality who has gained a significant following in recent years.
With a focus on day trading and swing trading in the stock market, Humbled Trader offers market analysis, trading tips and personal insights through her social media platforms.
In this Humbled Trader review, we’ll take a closer look at what Humbled Trader is and analyze its trading style and strategies.
What is Humbled Trader?
It’s difficult to form a distinction between Humbled Trader and Shay–two words that should be synonymous–because they are the same person.
Shay is a Canadian trader and social media personality who started sharing her journey in the stock market on YouTube in 2018. Initially named “Stock Market for Beginners,” her channel quickly became popular, prompting her to change the name to Humbled Trader.
Here’s one thing we really like about Humbled Trader: the platform will never tell you that trading is easy or that you will get rich overnight. Shay learned this lesson the hard way–aptly naming the platform after losing thousands of dollars by trying to take shortcuts.
She realized she needed to adjunct her methods and developed a concrete day trading strategy that she now shares with the world.
Long story short, Shay attracted over 900,000 YouTube subscribers in less than four years and more than 40,000 followers on Twitter. While she has not disclosed her net worth, Shay is known for her transparency and candidness about her failures and successes in the stock market.
Instead, she teaches you the truth: day trading takes hard work. It’s that simple.
Here are a few things you can expect to find from the platform.
Trading Style and Strategies
Humbled Trader primarily focuses on day trading and swing trading in the stock market.
It uses a combination of technical analysis and fundamental analysis to identify potential trading opportunities.
Humbled Trader primarily trades large-cap and mid-cap stocks, with a preference for volatile stocks that have high trading volume. It also utilizes a range of chart patterns, such as head-and-shoulders, ascending triangles and descending triangles, to identify potential price movements.
Humbled Trader’s trading style can be described as conservative, as it tends to take trades with high probability and low risk. The platform emphasizes the importance of risk management and always sets stop-loss orders to protect its position.
Additionally, Humbled Trader focuses on trading psychology, which it believes is a key factor in its success. Humbled Trader discusses the importance of staying disciplined and avoiding emotional trading, as well as the need to have a trading plan and stick to it.
Maybe this, along with Edgewonk, is why Humbled Trader is one of our best day trading platforms for beginners.
Humbled Trader’s Strengths
One reason Humbled Trader’s popularity was able to skyrocket the way it did was due to its strengths. Here’s what we like about Humbled Trader:
Transparency and Honesty
Shay is known for her willingness to share her mistakes and losses as well as her successes. She brings this aspect of her personality to her brainchild–Humbled Trader.
This level of transparency and honesty is refreshing in the world of trading, where many traders often only document their wins and not their losses.
Focus on Education
Humbled Trader has a focus on educating its followers on the basics of trading as well as more advanced concepts like technical analysis.
Her YouTube channel is filled with educational videos that cater to traders of all levels.
Approachable Tone
Humbled Trader has an approachable and relatable tone in her videos, which makes her content accessible to a broad audience.
She presents complex trading concepts in a simple and easy-to-understand manner–helping new traders grasp and master the basics of the stock market.
Consistency
One of Humbled Trader’s strengths is her consistency in publishing content on her social media platforms.
This makes it easy for her followers to rely on her and to stay updated with the latest market trends and trading strategies.
Humbled Trader’s Weaknesses
Just like any other platform, Humbled Trader does have its faults. But like we said, she is open about it.
Limited Trading History
While Humbled Trader is known for her successes in the stock market, her trading history is relatively short, with her first video being posted on YouTube in 2017.
As such, she has not had the opportunity to trade in all market environments. Other platforms like TradeVue have a much longer track record.
Limited Diversity of Trades
Humbled Trader primarily focuses on large-cap and mid-cap stocks, which means that she may overlook opportunities in other segments of the market.
This could be problematic in environments where these stocks may not be offering profitable trading opportunities, as she may not have an alternative strategy.
Humbled Trader Review: The Bottom Line
Humbled Trader is a valuable resource for traders of all levels who are looking to improve their trading skills in the stock market.
The transparency, education-focused approach and approachable tone make her content an excellent starting point for those who are new to trading.
However, it is essential to keep in mind that trading is not a one-size-fits-all activity. And what works for one trader may not work for another.
As such, it is always important to do your own research and develop a trading strategy that best fits your goals, risk tolerance and experience.
That said, Humbled Trader is a worthy resource to consult with for tips, advice and encouragement. Click here to get started!
Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.
Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.
