What do you guys think about Nick Shawn and his little hedging strategy.
- Thread starter rbigsby
- Start date
In the recent videos, he won't tell, as apparently, in the past he had issues with some firms, and then followers also had problems and gave him a hard time, as if it was his fault. Imagine being $1,000 / month subscribers and he won't tell you schitt, ha ha ha.
So, now it's a big secret, and gurus have to have secrets, secret sauce, secret indicators, secret strategy, secret names for stuff, secret patterns, you get the idea.
He USA based so his options are limited from what I gather on the internet.
i don't know. i thought he used really shady brokers from outside the usa bunches of them. so that if one of them goes belly up or scams him he still has a bunch of other ones. seems like an ideal way to trade. but yeah, i could see how he would not want to advertise the bucket shops he is taking to the cleaners. i wonder when they'll cut him off. probably why he doesn't mention them by name.
The market can stay irrational longer than you can stay solvent
This oft-cited quote, or versions of it, is attributed to famous economist John Maynard Keynes. The message here is that no one is bigger than the market, and no matter how right you think you are about a certain stock or trend, the market doesn't care. The market does what it does, and it's the ultimate decider.
Nick Shawn, MissionFX, is the living proof of this, it's almost as if the market knew of his giant ego. The EURAUD moves this past week of August 5 to 9, 2024 were unprecedented, an overused but necessary in this case. Note, he had started selling in the previous week.
Look at the figures for the week, this was the pair with the biggest move, and he was trying to pick the top. Clients of his admitted to losing their accounts by following him.
Plus, he charges them to be able to do that; apparently, he used to stress the importance of risk management, but he not able to actual do that in his own trading.
And then he has the gall on a Telegram audio message to call anyone that questions him as idiots, it's not a matter of questioning him, it's normal criticism that everyone faces, he's not that special.
You decide...
This oft-cited quote, or versions of it, is attributed to famous economist John Maynard Keynes. The message here is that no one is bigger than the market, and no matter how right you think you are about a certain stock or trend, the market doesn't care. The market does what it does, and it's the ultimate decider.
Nick Shawn, MissionFX, is the living proof of this, it's almost as if the market knew of his giant ego. The EURAUD moves this past week of August 5 to 9, 2024 were unprecedented, an overused but necessary in this case. Note, he had started selling in the previous week.
Look at the figures for the week, this was the pair with the biggest move, and he was trying to pick the top. Clients of his admitted to losing their accounts by following him.
Plus, he charges them to be able to do that; apparently, he used to stress the importance of risk management, but he not able to actual do that in his own trading.
And then he has the gall on a Telegram audio message to call anyone that questions him as idiots, it's not a matter of questioning him, it's normal criticism that everyone faces, he's not that special.
You decide...
Absolutely the best description so far.
He claims to be profitable for 6-years and only just now has worked out positions sizing requirements as far as leverage goes.
Oh, and planning too, that helps apparently.
He's my main form of entertainment, this morning there is a new voice message, hilarious.
I made $ 10,000 from subs on C2, never added to winners or losers on Forex trading. I did do complex hedging trades that allowed me to benefit from news events. All my trade history was viewable to subs and non subs.