Wallstreet suggested that he risks 3% a trade. Based on my entry, and his initial stop positions being worth 3%, the % gains and losses for the 4 days are
300 points a week and 3% per trade.
Each trade seems to be around 30 pts though could vary. This week it seems 17 trades so far.
May as well call it 20 trades at 3% each.
He says he has a 90% win rate so that means he is claiming he is making 54% a week on his account (18 wins 2 losses = 18 x 3% = 54%).
From £5 per point (stated by him) this is £1,500 a week (5 x 300 pts).
So, the account size must be £2.777 (1,500/0.54).
He still hasn't answered which contracts and broker he trades with.
He has claimed he makes hundreds of extra pips every day on commodity trades that are not shared with anyone else.
He claims he pays CGT and that is why he uses CFDs.
Not a single one of his students gets the same number of points as him.
Obviously, none of this is compounded otherwise the % or number of contracts would have changed over time. So, he must be removing all of this from his account every week.
He hasn't answered crucial points about the exit of trades overnight when his broker couldn't possibly have filled them at the required quote.
He writes on his own thread about 1 winning trade entirely defeating his critics.
He averages into a trade but always gets 100% of the average.
There is something very wrong with his claims. Surely you must be smelling this by now?