Nial Fuller's 71% Drawdown in the AxiTrader Competition
UPDATE: Click here to see my analysis of Nial’s Fuller’s trades in the AxiTrader Million Dollar Trading Competition – it’s more shocking than I originally thought.
A former student of Nial Fuller who is now in my price action course asked me about Nial winning the AxiTrader competition. Of course Nial Fuller talked about how he used “sophisticated money management strategies” and “wasn’t day trading”, but it turns out he lied – he was day trading, and was using horrible risk management. With all things Nial Fuller, once you dig into the details, a completely different picture emerges from what he says. So make sure to read this article about why Nial Fuller lied about his price action trading…
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