How do "day-trading gurus" like Ricky Gutierrez make their money?
If you haven't heard about this guy (I didn't until recently-saw a youtube ad of his), he's this 22 year old guy with a youtube channel where he basically discusses his day to day trades and gives advice on positions to people. I saw a few of his videos out of curiosity, and its pretty clear he's a scam-there's hardly any real analysis in his videos. Yet he mentions how he's on track to net 7M this year, and has super cars and stuff in his videos.
So how do guys like this actually make their money? Selling courses?