Lance Beggs: Biography, Career, and Business Insights

Lance Beggs’s Profile Summary

Company	YTC Trading
Position	Founder and Chief Contributor at YTC Trading
Source of wealth	Revenue from trading, sales of educational trading courses, book royalties from YTC Price Action Trader.
Also known as	Author, educator, former military helicopter pilot.
Age	45
Education	Military aviation training – Helicopter pilot training (completed)
Citizenship	Australian
Residence	Brisbane, Australia
Family	No data
Website, Social Media	https://ytctrade.com/

Lance Beggs’s biography

Lance Beggs is a seasoned trader, primarily known for his expertise in price action trading. He founded YourTradingCoach (YTC) to share his knowledge and experience with traders worldwide, offering a range of educational content, including trading courses and books.

Before transitioning into trading, Lance had a diverse career as a computer programmer, military helicopter pilot, and aviation safety officer. His trading journey began part-time in 2000, eventually becoming a full-time trader in 2010. Known for his discretionary trading style, Lance specializes in markets such as forex, FX futures, and E-mini futures.

His strategies emphasize low-timeframe trading and leverage human factors like sentiment and psychology in trading decisions. His background in aviation safety strongly influences his risk management and trading psychology approaches.

Lance has also authored several popular trading books, including YTC Price Action Trader, which provides comprehensive insights into his trading methodology. Over the years, he has built a reputation as a mentor for traders, focusing on essential but often overlooked aspects of trading like risk management, money management, and psychological resilience

How did Lance Beggs make money?

Lance Beggs makes money in the following areas:

Revenue from trading, sales of educational trading courses, book royalties from YTC Price Action Trader.
What is Lance Beggs net worth?

As of 2025, Lance Beggs’s net worth is estimated to be 1980.

What is Lance Beggs also known as?

Lance Beggs is widely recognized as an author and educator. He has written several trading books, most notably YTC Price Action Trader, which offers an in-depth view of his trading strategies. He is also an influential figure in the trading education space, having founded YourTradingCoach (YTC), where he teaches aspiring traders about price action trading, risk management, and psychology. Furthermore, Lance's unique background as a former military helicopter pilot and aviation safety officer has influenced his approach to trading, particularly in areas of risk management and decision-making under pressure

Prominent achievements of Lance Beggs

Founder of YourTradingCoach (YTC), which has become a respected resource in the trading education space.

Author of the highly regarded YTC Price Action Trader series, widely used by traders globally.

What are Lance Beggs’s key insights?

Lance Beggs's business philosophy is centered around risk management, psychological resilience, and adapting to market conditions. He emphasizes the importance of understanding the behavior of other market participants (referred to as the "metagame") and using this insight to gain an edge in trading. He advocates for tight stop-losses, aggressive risk management, and a focus on trading psychology, seeing these as critical factors in long-term success.

Lance Beggs’s personal life

Lance Beggs keeps his personal life private, and no information is publicly accessible regarding the specific members of his family.

Useful insights

Advanced strategies for stock and Forex traders

As you progress in your trading journey, it is important to explore more advanced strategies. These books dive deeper into technical analysis and trading psychology, helping traders improve their edge.

John Bollinger – "Bollinger on Bollinger Bands"
- Summary:
  
  Bollinger, the creator of Bollinger Bands, provides an in-depth explanation of how to use this technical indicator to measure market volatility and identify trading opportunities. The book includes detailed examples of how Bollinger Bands can be applied in various market conditions.
- Why read it:
  
  Understanding how to use technical indicators like Bollinger Bands is crucial for identifying market trends and making informed decisions. This book is essential for traders looking to master volatility-based strategies.
Al Brooks – "Trading Price Action Trends"
- Summary:
  
  Brooks focuses on price action trading, a strategy that relies on interpreting raw price movements without the use of lagging indicators. His book teaches how to read price charts, identify trends, and use support and resistance levels effectively.
- Why read it:
  
  As one of the purest forms of technical analysis, price action trading can significantly enhance a trader's ability to react to market movements. Traders seeking a deeper understanding of market behavior will find Brooks' insights invaluable.