What's up traders? Chris Capre here. 2ndSkiesForex.com. So, I got a controversial video here for you today, and it's also gonna be an incredibly informative and enlightening video at the same time.
Many of you have already probably read or heard of my critique of Nial Fuller's trading competition, and how he kinda glossed over certain facts. The funny thing about it is that Nial had said that he was going to go over some of the trades he placed in the competition, in a later article or video. The funny thing about that, is that never happened, and we now know why. Recently, Nial's trading competition... The information about his actual trades and what he actually traded and how he traded it became available to me. So, just to make to make sure, this is the competition. This was his return. His final balance was 23,524.79, and here is the link to his FX Blue account, million@Maverick, and the same balance and everything like that, same equity curve. So, just to verify that this is the real links to his actual account, his actual trading. Initially you think, "oh wow." You know, 300% return, that's pretty impressive. But once you actually start to dig into the details, a completely different picture emerges Neteller casinos Canada. And the numbers are absolutely horrifying. When you look through all these numbers, and look at all of his individual trades, you're going to come to one inevitable conclusion at the end of this video. And that is that Nial Fuller trades nothing like he says he does. In fact, it's the complete opposite. There's a certain irony about it, because his most recent article talks about how you should trade one way, and he he was trading the complete opposite of that. So we're gonna get into that later, but the way this video is going to work is we're first going to go through every single trade so that you can see them all, and just looking at all the trades will paint a very clear picture that this is not somebody who's a professional trader, someone who's trading with discipline. This is somebody who's trading very undisciplined and just some of the risk to reward ratios that are inverted, or no stop losses or take profits. These are things that beginning retailer traders should do, or do do, but no professional would ever do, and no professional trader should do. And once you're done looking at all these trades, you're gonna come to that same conclusion. So we're gonna first look at all the trades. Then we're gonna look at the risk analysis, and then we're gonna kinda go over some of the other statistics in there. And ironically, you're gonna come to another conclusion, that Nial Fuller isn't a set and forget trader, and that's he's actually, and he's not somebody that is holding positions for long periods of time or swing-trading or trading a few times a month. No, he's actively trading, and on top of it he's a day-trader. It's absolutely shocking once you start to look at this. Let's go ahead and get into the actual trades here. So here's a screenshot of the exact same thing, it's million@Maverick, just to verify it, and what I ended up doing was, to kind of clarify everything with visuals, is I kinda created a little legend here. If you see a red box, that means that they're individual group trades. So they're traded mostly around the same time, a few minutes from each other, maybe a few pips from each other. If it is a red circle, that means the trades had inverted risk to reward ratios. An inverted risk to reward ratio means that your stop loss is greater than your take profit, and that is something you should absolutely never do. In other words, if you were to have a hundred pip target, you have a 200 pip stop loss. This is something you should never, never, never, never do. Never.
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