Live streaming for traders
Live streaming provides traders and investors the ability to freely broadcast their ideas, charts, and market analysis in video format. Do you consider yourself skilled enough to run courses, seminars, and teach aspiring stock brokers or regular people how to invest? Or maybe, you want to keep people updated on all the latest trends in the market and where they can invest.
This article will tell you how you can get started with teaching how to invest through live broadcasts. We could say that social media platforms have made the internet a democratic place. They breed interactivity and are built around communication. Whether it is one to one, one to many, or many to many.
Either way, absolutely anyone can get on the internet, learn how to invest, and start teaching others. If you have the qualifications, skills, and the ability to back those up, all you need is a social media account, a YouTube channel, or your own WordPress website.
In this article, we will run you through all you need to know about getting yourself started with teaching how to trade stocks, crypto, or NFTs through live streaming for traders.
Free Streaming Platforms
Free live streaming platforms have grown significantly and while highly effective in streaming (in their own ways), users have limited options and flexibility when it comes to monetization and content creation. YouTube, Facebook, and Instagram are some of the most popular amongst all the platforms that offer a live streaming tool for investors and traders and may help you start educating people about stocks, cryptocurrency, NFTs, etc.
However, most trade live-streamers may want more than just YouTube’s branded live-streaming service. Imagine working days, weeks, months, or even years perfecting your knowledge and material on trading or cryptocurrency, only have your streams controlled on YouTube.
Moreover, YouTube ads on your videos can become repetitive and annoying to your viewers. Your content is also being monitored by automated bots and could be flagged for copyright issues or spam for no reason whatsoever. Until you get in contact with someone to fix your issue, it may be a little too late.
On Instagram, your online activity is also under close supervision and you cannot add a live-stream to your own website. Lastly, these platforms usually don’t allow you to create VODs and full-on playlists with your content.
WpStream provides you with a platform to start teaching people how to invest. Through live streaming courses and seminars. You can start creating Video-on-Demand, and Pay-Per-View classes. With an affordable and user-friendly experience, you are able to display your skills and talents. Each subscription plan is carefully set up and your business will have an ideal plan calculated based on your streaming needs.
WpStream can be used on any WordPress website and it is possible to stream using specialized RTMP broadcast software such as OBS, WireCast, vMix, Zoom, etc. To guide you, we have numerous video tutorials on our YouTube channel. You can choose to monetize your sessions with WooCommerce or offer them for free.
Simply put, you can create your e-learning trading course and set it up similar to Netflix with a global subscription model or multiple subscription plans where you can rent or sell live streams and on-demand videos. Moreover, if you are already an established company with multiple traders, you can also allow them (regular users) to broadcast on your WordPress website via the front-end.
No 3rd Party Streaming
You have full ownership and control over your live-streams and VODs. We offer tight encryption and provide privacy and data security in a highly critical time for this. You can add your live-stream directly to your WordPress Trading website without 3rd Party platforms.
With just basic WordPress knowledge and by watching one or two of our YouTube tutorials, you are set to start your e-learning trading sessions. We provide support at every step of the way to all our customers. So if anything comes about, do not hesitate to contact us.
Add the live-stream/VOD to your website
If you want to add the live-stream to your WordPress Pages/Posts, you can do so using the ‘WpStream Player’ block by just adding the Product ID of your live-channel or VOD. Alternatively, you can manually enter a shortcode and it will appear on your website.
WpStream could be used by big businesses as well as up-and-coming entrepreneurs. With plans starting at as low as $19, you can find the right plan at a convenient price.
RTMP is one of the most popular ways to stream, used by Facebook Live and YouTube. Broadcasters such as OBS, Wirecast, vMix, and Zoom include RTMP as their input option which can be used to live-stream content to your website. Simply insert a username and a stream key. See here for more information on how to set up a live-stream.
Enable Regular Users to Broadcast
If you have already built a following and are a bigger company with multiple employees that educate future investors, you may love this feature. This live streaming tool also allows regular users to broadcast on your WordPress website via the front-end.
What this basically means is that one does not need to be an admin and access the back-end of your WordPress. To find out how you can do this using either Elementor or WPBakery, check out the videos below.
According to your content type, you have the opportunity to monetize your videos or offer your content for free. You can set up free, Pay-Per-View, or subscription (live or VOD videos).
You are able to set up multiple channels and run them at the same time. These channels run 24/7 and keep your viewers informed at any time. For instance, you can have different channels for apps like Binance, Crypto.com, or Robinhood in order to organize your content best.
You can also monetize these channels differently or set up a Global Netflix Subscription-type site. Check out this video on how you can do this.
Customize your live streams
You can customize your live-streams, logos, and other graphics that would have otherwise not been possible with free streaming websites.
You can offer your live-streams and VODs for free to your viewers. You can gain valuable viewers by initially offering them free videos. Later on, they would be willing to pay for more content should you choose to monetize it. You can always include ads and sponsored content into your videos and have a revenue stream flowing without having your viewers pay to watch.
Pay-per-view means that your viewers will pay to watch each of your live-streams or VODs. Usually, people prefer to PPV at first and get a feel for your coaching sessions and what resonates with them most. After they make their choices, they will fully commit to monthly payments.
Viewers make monthly payments and have access to all the content on your website. In the long run, it is cheaper for viewers to make monthly payments. However, it is more difficult to get new viewers to subscribe monthly from the beginning. They need some time to discover your content and as a result, commit to monthly payments.
Set up a Netflix Global Subscription where a viewer pays a subscription and has access to your whole website with all its content. Alternatively, you can set up multiple subscriptions and your viewers will only purchase the content they WANT to watch.
Finally, you always have the option of adding different monetization options to each of your channels. All in all, you can organize your trade seminars and sessions as you see fit.
As an experienced stock or crypto trader, your entrepreneurial skills are already developed from the get-go. You understand that one of the best ways to start thinking about your future is by learning how to invest in whatever you can, whatever you can afford. Live streaming for traders is the new big thing in the industry and competition is still low!
Since you know the risks and dangers of such trades, you can start teaching others from your mistakes, offer tips and tricks, and overall support for the future traders. Register for free on WpStream and start using your live streaming tool for investors and traders on your own WordPress website.