What do you guys think about Nick Shawn and his little hedging strategy.
- Thread starter rbigsby
- Start date
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...
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.
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.