/biz/ - Business & Finance

>philakone
It has been a while since I last saw him mentioned here, Last I heard of him he threatening to hire a hitman on his ex, kek. Let me tell you the truth about this clown.
I followed him from the very beginning around September 2017, back when he was a nobody with 200 views per video and less than 500 followers on twitter. I found him because he did a lot of TA on ETP Metaverse, a coin that I was interested in at the time. I was a summer 2017 newfag, completely clueless about the market, so when I saw him draw all of his Elliott Waves, all of the trend lines and Fibonacci levels and all the other shit that he draws but never uses, I was impressed. This was during the great bull run. He did TA on as many coins as he could, all projected to go up. And he was right, because it was the bull run. So his popularity grew. Then the bubble popped he continued to do analysis, except he was dead wrong about it all. His popularity was exponentially growing still, but his analysis was terrible. His popularity grew largely because he posted a lot of his trades and he was consistently winning. That is true, he is an amazing SCALPER, I learned from him myself, but that is all that he is. I said that he did TA with shit that he never uses, and that is what I meant. He draws long term charts that were only correct in the bull run but he does not trade long term. He is a scalper, his trades do not last longer than a few minutes typically. Anyone who knows their shit will tell you that his TA is trash, he makes so many mistakes that noobs do not pick up on. He does not trade on his long term TA. He draws Elliott Waves but he never uses them. He only trades reactively on short term bear/bull divs. You should not be following him if you want to learn TA.