Damn i missed copying his lengthy post yest night, thought it will there but lol he edited his post.
His way of trading is full of flaws. He says 1 good trade will cover 140 of his losses and another good trade will cover 400 of his looses during the year and he is running positive for the year even after 400 losses of the year since he hit few more trades like those.
Any one following him in those 400 losses will be loosing thier shirts. Will his followers have enough money to follow all his 400 loosing trades and still be in in those 3,4 trades he says will cover up for all those losses, definitely not. Some one with 1k to 10k funds his/her funds will be evaporated following his 10 loosing trades, God only knows who can follow his trades and still have money to play those heavy hitters.
Is he providing those heavy hitters for subscribers at the beginning of the subscription. No because he doesnt know when he will hit those heavy hitters so he cannot tell his subscribers to be part of it so they can take those gains. so he is putting money 400 different puts/calls and he gets lucky in 4,5 of those which he takes screen shots and publicize them for rest of the year fooling people around.
I wonder how can anyone trade his alerts if there are so many picks which are loosers, people can easily get wiped out of there funds by playing his picks. in his own words he says his style of trading works for him but lol he is running subscription he should give picks which should work for all his subscribers. he says he gets 100/200 losses fine absolutely fine he gets 2 -3 hits out of blue moon heavy hitters and he is still up.
i havent seen such a trash argument where folks who are playing his picks easily loosing all thier funds. on top of that he says one cannot get more than 50% hits in options. what a douche.
so he gambles in options gets few hits and 400 other losses and says that is how options should be played, can anyone beleive this. oh my god. absolete mind blowing ignorance at its best.
Any one who is offering subscription should offer the consistency of more wins than losses minimum 70% Accuracy so that his subscribers/followers can make money. if you say i give 2-3 heavy hitters which are coverinng for 400 losses are you providing those heavy hitters to subscribers at the beginning of the subscription. who in right mind can stay that longer with him after seeing 10-20 looses either he unsubscribes or looses all his equity unless he/she is a millionaire??.
Some one challenged him, he came and he conquered!! This sentence tells it all.
