Ex bank trader uses hourly candles of hsi to day trade

Discussion in 'Trading' started by GloriaBrown, Nov 6, 2018.

  1. He charges people money to join his chatting room and listen to his day trade comments. There are only six hourly candles each day and no people understand how he comes up witj his daily trading plan.
     
  2. maxinger

    maxinger

    Honestly speaking, this is a rather sure-cannot-win way of trading hangseng index futures due to its high volatility.

    you need to invest in a better charting software and use volume chart and NOT hourly chart !
    you need to glue yourself to the chair and computer monitors for say 3 hours, rather then check the chart for few minutes , six times a day.

    Not all bankers can day trade.
    Most are more suited for investing, or risk assessment ...
     
    Last edited: Nov 6, 2018
  3. He doesnt use volume at all. For "range market" he can keep losing until his beat on one side is correct.
     
  4. He uses weekly and daily chart to determine market direction, if current weekly candle price higher than weekly open price, then same apply for daily candle then he calls.
     
  5. When market keeps raising amd has big trend for days people win people and consider it is jus prediction but for big trend like that anyone jumps in would win money. For market without clear big trend like at least 80% timing he would win and lose like gambling in casino. he would ask people to pay and go to his class to learn when people blame him for losing. His class doesnt show anything new comoaring to ehat he says in chatroom everyday and it is one time 3 hours long class.
     
  6. Here is his today daily analysis in youtube:

    He only talks about day trade in paid chatroom, free youtube is middle to long term analysis.
     
  7. Masive lose for people following him again to day trade again, very big up and down because of US election.
     
  8. cvds16

    cvds16

    while it's ridiculous to daytrade of hourly patterns in charts ... I do use hourly candles as a basis for my daytrade eurusd ... I do add smaller timeframes to finetune everything ... A big part of my day is spend waiting ...
     
    schweiz likes this.
  9. maxinger

    maxinger

    Today is an especially very easy day to trade Hangseng.

    Hope those subscribers to ex banker's chatroom
    are earning tons and tons of money today.
     
  10. Pekelo

    Pekelo

    I don't care if he uses a witch's hair, is he profitable or not?
     
    #10     Nov 7, 2018
    d08 likes this.