Yes, he clearly has no experience in the market. Even the best traders in the world lose trades every day. It's about using a system that gives you a statistical edge and positive risk:reward and then exploiting these set ups over many trades risking no more than 2-5% of your capital on each trade. When he whipped out the 2 moving averages as if they are some kind of holy grail system I lol'd, and then when he was looking at historical data saying what he would have done as if he would have been able to do it on a live market... It would be funny if he wasn't spreading such bad info to his viewers because anyone following this clowns trading advice is gonna be broke before they know what hit them.
Yes, he clearly has no experience in the market. Even the best traders in the world lose trades every day. It's about using a system that gives you a statistical edge and positive risk:reward and then exploiting these set ups over many trades risking no more than 2-5% of your capital on each trade. When he whipped out the 2 moving averages as if they are some kind of holy grail system I lol'd, and then when he was looking at historical data saying what he would have done as if he would have been able to do it on a live market... It would be funny if he wasn't spreading such bad info to his viewers because anyone following this clowns trading advice is gonna be broke before they know what hit them.
Exactly!!! Spot on!