We're people profit taking before the Weekend or has the tide turned for Nas Shorts. Looks like a bit of Selling of their Shorts occurred on Friday. Wonder if Ken's still holding. Brave Man.
It doesn't matter what Ken is doing, he never has a losing outcome, no matter market conditions. So stop wondering.
You're a funny old fella. I think what Ken does is keep his Stops tight to limit losses, but use re-entries if they rebound. May cause alot of brokerage fees, but keeps him alive to fight another day.
Look through his threads, and when you eventually come to one of his many posts where he posts the same old "broker statement" that shows he traded a few million in "notional value" back in 2016 or something, but never shows whether it was a profit or loss, then YOU decide who the funny ol' fella' is. Pretty sure I have traded more than him in "notional value" with futures. Doesn't make me a success, because "notional value" means NOTHING. Only realized P/L makes the grade, and he has not posted that, ever, on an annualized basis. A true broker statement would settle this whole shebang, but he comes up with excuses like it is not allowed or some shit. That is what they ALL say.
We've all been trading for 30 years. But has it been profitably or lossy? Don't you get it, man? It doesn't matter for how long one has traded that matters. It is the PnL that matters over that timeframe.
There was a famous old retail trader (and author of a couple books, one REALLY good one, imo) who sometimes posted here when ET was very new. Old Gary Smith loved to mix it up in the "shark tank". A delight to behold.