i'm still waiting for nick shawn testimonials from people who have taken his course and signed up with shady brokers so they could try and do hedging. how did that work out for you? do you feel like a degen? now if his strategy could be applied to the stock market...
"If your reasons for getting into trade are more than one short sentence then I think you're doing way too much. Why? Because it doesnt matter. It doesn't matter what your reasons are. " -nick shawn
Nick certainly says some controversial things...i doubt many people would agree with him but he's made millions trading. Unless you think he's just trading demo accts or something
Lets be honest no one gives a damn about any youtuber here on ET! But i'm surprised how nick shawn puts so much energy into his videos repeating the same things over and over. But i havent listened to them all... In case anyone was interested nick has about 150k yt subs and his videos seem to get 10 to 15 thousand views. He cant be making alot of money from that...
nick shawn just can't stop talking. maybe sometime he could show his think or swim account statement, that is if he even has one...
Shorting the CHFJPY and trying to compare its behaviour with other currency pairs shows that he has much to learn.
Do you follow him on Discord or Telegram or YouTube? Yes, current strategy is waiting for over extensions as he calls them, without any form of measurements, so basically, it's standard mean reversion. He recognizes them and the entry with intuition. He needs to develop a special name for this way of trading if he wants to become a real guru! He got out of the CHFJPY short positions with small loss, never mentioned his previously touted 90%-win rate since, could be an interesting week, albeit short with the holidays.
Oops, my mistake, he did in fact re-enter the short trade, I believe the price was at 178.45, now at 178.74.