/biz/ - Business & Finance

>>9375671
God waves are the most arbitrary trading method in the world.

>>9229758
Phil is a fucking faggot for spending months talking about never charging people and then doing a complete 180. All because the girl who was milking him for money pulls the plug on their thailand trip where the whole purpose was him fucking her but he pretends otherwise.

Then he gets asshurt and removes all his videos and starts charging $25 per video, when he used to pride himself on helping the community.

Also his TA is dogshit. He's an amazing scalper. Good luck to anyone thinking they can replicate his 1, 3, 5m trading style. That's years of practice and built up instincts. Long term though he's off all the time. Not even 50/50 with his shitty BTC calls.

His style can be summarized as follows:

Elliott Waves
Fibs
RSI
MacD
Candlesticks
Chart Patterns

He looks for divergences and confluence. That's it. You can learn all that without him, there's plenty of resources for free.

Elliott Waves are fucking trash. Go sift through the pleb practitioners and find the best one's you can. Then follow them for a couple months and observe how frequently they're wrong. Then notice how in hindsight they can ALWAYS adjust the waves to fit the theory. That's because Elliott Waves are a sound theory, but are not good predictive tools. Pic fucking related. "Oh it's not XX, it's a flat now! Hmm after further analysis it's clearly a XX pattern instead". Happens every time.