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Success of the Babypips bloggers

  • Post #1
  • Quote
  • First Post: Jul 20, 2017 9:46pm Jul 20, 2017 9:46pm
Like many others, when I first discovered Forex, I came across the Babypips website and went through their free online course about forex. I think it's a really well constructed course. Over time, I have seen the bloggers who run the site post their trading result returns and they were not very impressive. In fact, it seems like many of them may not even be profitable traders. What's worse is that a few of them have been blogging and trading for many years. I ran across a couple of forum posts with some people stating such observations, so I was just curious. For those of you who have been on babypips and read the bloggers' trading articles etc, what do you think? Do you think they are great traders or just great bloggers?
the site in my opinion was worth the look it gives a good insite to forex for new traders , i used it , but never really took any notice of other posts
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
Quoting Madinvestor
Like many others, when I first discovered Forex, I came across the Babypips website and went through their free online course about forex. I think it's a really well constructed course. Over time, I have seen the bloggers who run the site post their trading result returns and they were not very impressive. In fact, it seems like many of them may not even be profitable traders. What's worse is that a few of them have been blogging and trading for many years. I ran across a couple of forum posts with some people stating such observations, so I was...

I've been active on baby pips since the beginning of my trading journey and have made the jump over to ff a year and a half ago.
Babypips does have some pretty decent material written by the bloggers if you're into fundamentals and want to get to know the basics. But I think ff tops any of such forums in terms of variety of traders (both successful, unsuccessful and pretenders) and material thats presented, its vast ocean if you're determined and willing to work hard you may find what you're looking for over here. In other words baby pips is like a middle school and ff is full on 4 year university + masters + Phd "dissertation included" equivalent.
Tape reading is an ART
Quoting Piquant
{quote} I've been active on baby pips since the beginning of my trading journey and have made the jump over to ff a year and a half ago. Babypips does have some pretty decent material written by the bloggers if you're into fundamentals and want to get to know the basics. But I think ff tops any of such forums in terms of variety of traders (both successful, unsuccessful and pretenders) and material thats presented, its vast ocean if you're determined and willing to work hard you may find what you're looking for over here. In other words baby pips...
Yeah I definitely agree with that statement. The articles they write do have great application, but the variety of traders active in the community definitely seems to be more mature and vast on Forex factory. The Babypips forums seem to have a lot less life. It just kind of brought to mind the old saying "those who can't trade teach, and those who trade don't teach." I think there are exceptions, but for the most part, very successful traders can't be bothered with trying to spend time teaching others to trade because they are too busy making money themselves and would rather not give away their hard work for a few hundred or few thousand bucks much less for free.
Like everyone, I found babypips early on, but found the style of writing highly patronising, and some of the advice was just rubbish.

I suppose it would be useful to the absolute no-clue novice as it does explain some of the basic mechanics of trading, but beyond that, it's not that great.

I'm not really surprised to hear that the 'teachers' are not successful traders themselves. Developing a successful strategy is long, difficult, hard work. After all, as you say, successful traders don't share their hard won strategies, and especially not for free. I know I never will.
Quoting Forex-Jedi
Like everyone, I found babypips early on, but found the style of writing highly patronising, and some of the advice was just rubbish.

I agree.


Quoting Forex-Jedi
I suppose it would be useful to the absolute no-clue novice as it does explain some of the basic mechanics of trading, but beyond that, it's not that great.

Well said.


Quoting Forex-Jedi
I'm not really surprised to hear that the 'teachers' are not successful traders themselves.

No, of course.

It's just "traffic attraction", from their perspective.

It's a site whose income comes from selling advertising space and from pay-per-click ad displays, isn't it? Its income is traffic dependent.

Nothing wrong with that in itself, but the fact that they do that with stuff like their "Cowabunga" system, which has become famous, is a pity. Not only does it have no edge, but it isn't even based on anything reasonable or sensible.

But the total noobs there don't understand that, and no disrespect at all to them: why would they?

Anyone with more experience can easily backtest these things for himself over a decade's data, or whatever, and see for himself that they're consistent losers.

To be honest that applies to most of the "multi-indicator" stuff presented here as well, but at least that's just listed here by members, not by the site's own management!
Quoting Quickly
{quote}...the fact that they do that with stuff like their "Cowabunga" system, which has become famous, is a pity. Not only does it have no edge, but it isn't even based on anything reasonable or sensible.
Hahahaha, yeah I forgot about some of the ridiculous systems that people follow on there. It may be more profitable to do the opposite of those systems, haha. Again, I did not create this thread to bash them, because the pip school school course is the best free material that any noob would find on FX, but the site offers little else for the more mature trader.
Quoting Madinvestor
Do you think they are great traders or just great bloggers?
Great bloggers.
Money moves the market, not an indicator.
Babypips are great bloggers, they provide free education for traders and newbies so that they can learn from it and can be a good trader.
they are paid by babypips for writing blogs....they are just good writers.
Quoting Aussi
the site in my opinion was worth the look it gives a good insite to forex for new traders , i used it , but never really took any notice of other posts
Some punctuation would help. Also, it's insight.
All you touch and all you see, is all your life will ever be.
Great bloggers.

Quoting Mashallah
they are paid by babypips for writing blogs....they are just good writers.
If you can't do it, teach it. That's what they do.
  • Post #13
  • Quote
  • Edited 7:49am Jul 22, 2017 7:17am | Edited 7:49am
Who on earth would bother blogging if he/she consistently made decent profits off of trading?

The only blog i regularly visit is Brett Steenbarger's, who is a psychologist and a trading coach, not a failed trader.

http://traderfeed.blogspot.com.tr/
But I must say their analysis are not bad....I personally do follow their blog time to time.
I think BabyPips does have good content, but of course none of their strategies are the holy grail. They are useful in that they can give you a start into developing and testing your own strategy.

I also got the impression that the strategies had quite a lot of losses.

I agree with lhaner about Brett Steenbarger - his work is great. He was working at a successful proprietary trading firm in Chicago called Kingstree, when I was living there many years ago and working at the Chicago Mercantile Exchange (CME).
Babypips was my first forum as well. I left it when I found forex factory. Babypips is def a more friendly forum than FF but you can't get much out of it. For a total beginner it is a great place to start but eventually you realize how garbage it is. Their education material is quite terrible as well (you won't know this until you have traded for some time) but written very well to lure in new people.
Quoting trickshady
Babypips was my first forum as well. I left it when I found forex factory. Babypips is def a more friendly forum than FF but you can't get much out of it. For a total beginner it is a great place to start but eventually you realize how garbage it is. Their education material is quite terrible as well (you won't know this until you have traded for some time) but written very well to lure in new people.
Have to agree with that to certain extend but you should check their daily updates on different currency pairs, they are good and useful to know what is going on in different pairs.
  • Post #18
  • Quote
  • Last Post: Jul 22, 2017 11:11am Jul 22, 2017 11:11am
Or I can view the chart to see what's going on
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