If you have access to his past 5 years of audited statements please let us know. A) none of the above or in the link are audited. Not a single one. Audited means that a notary in public certifies that the stated documents are indeed the true documents and statements B) did you notice something in the posted broker statements? Nowhere does it state in any of the posted statements OVER WHICH PERIOD the pnl was generated. Also nowhere does it state what the STARTING ACCOUNT BALANCE WAS AND WHAT THE CUMULATIVE WITHDRAWALS OR DEPOSITS were. That is a huge red flag again. The documents MAY suggest that those are monthly steatmements but it does not explicitly say so, all broker statements I have ever seen say so explicitly. Even then where is the starting balance? And cash withdrawals and deposits? C) just within a single year he changed brokers multiple times which is weird but does not necessarily point to wrongdoing. D) how many years did he post trading results for? I saw 2017 and 2018. Unless I missed something that is a very short track record. Perhaps there are links to earlier years? E) Giving that guy the benefit of the doubt but it might be possible that those posted documents are not the authentic real documents but that numbers have been manipulated. It's unlikely given that he would set himself up for many years in prison if he did so and it was proven in the future. So I doubt this point applies. Feel free to post links to more of his performance documents from his brokers if you have any. Otherwise I feel my point is 100% valid and you are just barking up the wrong tree. There are just too many reports and testimonials out there, that attest to this guy being a snake oil salesman and con artist, to ignore.
Very well observed and yes multiple accounts but disclosing only the top performing one is another nice trick often played.
Possible but a business man who claims to be willing to teach in exchange for money and charges for lessons and makes some outrageous claims should be OK with being held accountable. Otherwise he should not teach or sell a product but instead simply rake in the profits from his trading business. I suspect that there is not much he is harnessing. Nobody who makes plenty from trading operations posts on Facebook, Twitter, runs a website, writes books, sells courses, lectures, videos... It's just proven time and again. Name me one single authentic guy who sold highly profitable ideas to the minions and commoners just because he felt so compassionate. Just one would convince me to rethink my stance.
You can only start to make progress when you start to believe there are tons of fake nonsensical worthless useless postings in internet.
Well it's always easy when you can cherrypick your trading results to fit whatever the trading strategy/system/technique that you are showcasing. If only you can cherrypick your trading in real-life to tell your brokers to erase all your losing trades and only keep the winning ones then trading would truly be a child's play just like what those Youtube "Gods" have demonstrated.
Ross is most likely the real deal. He makes a small amount trading per year relative to the many many millions he makes from his Warrior Trading biz. Personally, I think small traders should stick with e-mini futures (NQ, YM, RTY, not ES unless you are stone cold excellent), the CL when the volatility picks up and the HSI/HHI on the Hong Kong Futures Exchange. You don't have to "scan for plays". Just show up every day and trade the great volatility.
Sure he does because there are so many idiots who are so easily baited. The turnover of his members must be huge given that most lose money. But then he only needs around 5000 paying members that he charges around 4000 or 5000 and he is made for life. After all he has plenty of registered freeloading lurkers on his site that he can bait to turn into paying members. Some call it genius. I never give credit to someone who abuses others' naivete and low iq. So I am happy to agree to disagree here. Someone who has to satisfy a tough crowd absolutely must produce an audited record. The only reason those guys don't bother at all is because their target audience is dumb as shit and desperate beyond imagination.
This still begs the question: If he is so successful why is he only making a "small amount trading per year"? Shouldn't he be making a "large amount trading per year"? Then it still goes back to the adage, those who can't, teach. If he's able to make a "large amount trading per year", then why does he still need to teach? Shouldn't he be concentrating on making that "large amount" trading? Some people say well some successful traders can still teach out of good will, sharing his knowledge with others yes that's all very noble, but that should be a small part of his business relative to his trading. The sentence above should read "He makes many many millions trading per year relative to the small amount that he makes from teaching in his Warrior Trading biz."
I don't care if he's a fraud, or snake oil salesman, or whatever, but if you don't find value in videos like this ... Note: 5% TA, 95% position sizing+emotional control! (Based on this video, there's obviously more to it)
so this is going a bit off-topic but why is the ES often touted as being the most difficult e-mini to trade out of the four? my mains are NQ DAX HSI but i've also traded the ES extensively and never found it to be particularly more difficult than say, the NQ or YM. i'm just curious b/c i've heard this being said so many times now i just wanna know what others are thinking.