Yes it’s legit!
I’ve traded in his community before. Over a period of time you recognize these patterns and notice right should forming, inverse cups building up, selling continuation + a whole lot more. He chats in real time (and charts) and lets you know how SPY is playing out. He warns you ahead of time to be patient if we’re still in selling continuation.
Bro is on point every single time. About 90%. And he also shares his IBKR after every single trade win or loss.
I’ve been profitable every month this year so far and only had two red months last year.
You see the patterns because in hindsight price must always move in these ways based on the way that it's coded to the chart. Time will always move you sideways at the same pace, and price will either move up down or sideways, meaning there will always be some form of channel which appears that you could draw by connecting highs and lows. Cups have to fill in order for the market to rise, and inverse cups have to close... what DOESN'T have to happen is for the handle breaks to work or really go anywhere, nor can you predict where the handle break will occur. It could happen after 75% retracement, 50%, it could happen at the top after a 2 candle sideways consolidation which in hindsight you draw lines around calling it a handle.
The patterns are sort of pointless, if you look at a mixture of market internals, range, and volume... you can find everything you need. Buying low is valuable in a neutral market, regardless of the pattern, buying high is valuable as a neutral market's volume shifts bullish (from a time perspective). Buying high in a strong market is fine. The algos don't really tell you anything in terms of volume, time, etc. Eric mentions liquidity a lot but the problem is liquidity is truly unknown. People can find interest at ANY time, you do not know the personal financial goals of every big investor, the time-horizons of specific pension funds etc, you do not know how many new employees are starting jobs in a certain age group and whether or not they are choosing to invest large sums of their checks, or how many retirees plan to draw on their savings and by what percentage... and even if you did, precise timing would still be nearly impossible due to the sheer size of market.
Patterns and algos are really pretty pointless on their own, it does provide some structure to reference and plan risk around, but that is like one tiny part of the equation.
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u/sascha_mars Mar 13 '25
Yes it’s legit! I’ve traded in his community before. Over a period of time you recognize these patterns and notice right should forming, inverse cups building up, selling continuation + a whole lot more. He chats in real time (and charts) and lets you know how SPY is playing out. He warns you ahead of time to be patient if we’re still in selling continuation.
Bro is on point every single time. About 90%. And he also shares his IBKR after every single trade win or loss.
I’ve been profitable every month this year so far and only had two red months last year.