I have been watching this guy and most of his plays are earnings related. He does not try to hide anything and has even shared his reason for getting into trades. Easy to bash anyone. I think what he has done can be replicated by another trader who understands how he gets in and out of trades. Not all trades work out and he has losses too! Huge gains are possible using options. I am in the camp that believes this guy is for "real".
He trades around earnings and events and I am very impressed with his read of the outcomes as I traded many of the same underlying. I also made directional bets often the same direction as he. But you are right I found it difficult to duplicate his successes which I attribute to different methodology, my timing and judgements. However why should I doubt him? Why fake results in an anonymous forum? Makes no sense to me.
Why Xela? Why does anyone do what they do? We don't know what we don't know... if you like tautologies. $1,000 stands All he's got to do is show the opening and closing runs.
Read his thread "my trades". As I observed, he buys stocks ahead of earnings. Some work out and others do not! Obviously, I do not know his rules for getting in or out of his trades. You have to figure it out yourself.