I doubt it... because, as you say, you'd see big wins, but even bigger losses on the statements. So what we'd see is not a "trading God" but an inveterate gambler 🙂
Only if he showed you his 'open trades'!
🙂
Lots of people only show their closed trades in their statements.
What I meant was, he would often string together, say, 20 winning days in a row averaging 20k per day or so which would likely impress the uninformed.
His losing trades often remained an 'unrealised loss' as he played with the position and waited for it to 'come good'.
I'd compare him to a rich Spanish89, thinking about it! lol
If you watch Spanish's calls he has a very high hit rate because he doesn't really use stops. When he gets into a bad trade, he waits for it to come good, or at least for the loss to be a lot smaller than it was.
Difference is that Spanish live in a fantasy and probably doesn't even trade (certainly not at the stakes he claims), whereas this person was very much real and had more money than sense.
He used to always try to give me money if he made money on one of my trade calls! (which I always declined)
I couldn't accept it, as I certainly wouldn't expect to receive a bill for a trade call of mine that lost him money!