Transcription
Hey, what is up, you guys? I thought I would give a little update video because a lot of you don't know what's going on. Maybe you missed, uh, the post that I posted.
Basically, what Bernie Scorpinsky has done is he's filed some copyright strikes. The last one was actually not himself. This was actually a podcast that he was on. So, he literally asked the guy whose podcast he was on, whose content I used like a 10-second clip of, to file a copyright strike on my channel. So, I went to all these links, uh, to contact this guy called David Trade Effects [music] to file a copyright on my video, and thankfully that is getting resolved because there's no way that they actually have filed a real case against me in court. There's no way for a 10-second clip.
But what this really comes down to is just the abuse of the copyright system on YouTube to basically just silence what we're doing here, guys. Now, if you saw the Burns Scorpinsky video, you remember this website called the OTC question, right? And this website was offline. He actually got this website taken down for about a couple of days. But thankfully, we got the website back and there's some new stuff that I want to go over real quick. And that is the real performance out of the OTC. And it's not looking very good.
So, this was made by a guy who was in the OTC and he has tracked literally all of the trades that have been given out by burnt as well as other people in the OTC. And there's literally one mentor who's actually profitable, and that is Chris. The rest is negative, guys. You can see that the holding times are insane, right? Burnt holds things for one to two months, and most of them, you know, hold for weeks or months. And imagine holding for that long of a time and it's ending up in a stop-loss. But now it definitely makes sense why they would not want this information getting out there because it just looks really, really bad. Imagine spending 5K, holding trades for so long, hitting stop-loss after stop-loss. It looks really bad.
Also, one of the indicators that burnt uses, it's not available right now because the government shut down in the US. So, they're missing one indicator. So, maybe they can't execute the strategy, but that's just for two or three weeks now that that is going on. It also just shows a little bit of what's going on right now where the strategy may not be working as well. We also obviously have these tariff things going on. So, when you're holding things for like one, two, three weeks or months, maybe then [music] you know, you can have like a wick like we just had with, uh, the tariffs being announced and stuff. You have like big moves in the market. So, changes of direction just happening in massive big swings where, you know, it's difficult to hold trades probably for longer periods of time. It's been a different market, guys, since, uh, Trump stepped into office.
Somebody went through a huge amount of trouble to put all these trades in here. Burnt is actually the largest single mentor loss at the moment, which is not good. And it actually makes sense because we haven't seen many payouts from him lately, like on YouTube. All he does is complain about other pro firms or other mentors or stuff like that. But he doesn't really show his results anymore like last year. And by the way, his results from FTMO, if we think about it, it's not that big of a deal. We don't know how many challenges he actually took from FTMO. Maybe he bought like 10 challenges of 200K every month and he kind of did risky stuff, uh, with them, like risking two or 3% per trade. And then it's pretty easy to get those bigger payouts. You know, some of my friends do it as well. And now he's banned from FTMO. Maybe that's one of the reasons why he's banned. Maybe he was doing too risky of trading strategies.
If we just look here above, he has a 40% win rate, but it does seem like some of his losses, like this 36K, it's maybe close to one of his wins, which is 37K. And it seems that his RR is not that good, man. It just seems like his RR is like one to ones and 0.5 even percent per trade because I think he used to go for like one to threes and it seems that now it's all over the place. The risk management. But yeah, if you have a 40% win rate and you're doing like one to ones, it's just not going to work. You need, with a 40% win rate, you need at least one to twos, one to threes for it to actually make sense, right? But yeah, this is not looking good.
So, let's look at the only profitable mentor. Oh, well, maybe because he only has three trades. Maybe that's why he's the only one profitable. And it looks like he had a gold long while anybody can trade gold and have a win with, uh, buying gold lately. So, I mean, yeah, now it's obviously switching trend. But yeah, I mean, this is not too impressive, guys. Well, guys, I mean, this is, this is definitely looking really bad.
Now, guys, another thing that I want to show you is, uh, this TradingView alternative called Koifin. And basically, over here, we can, uh, get all kinds of data, right? But we can get the relative strength A/B, right? So, we can compare, you know, Tesla to the S&P 500. And this is basically what Baron sells you. This is one of his indicators, literally, uh, that will compare, like Tesla's performance against the S&P 500, right? And if it's like underperforming or overperforming, you can see that. But basically, you can get Burns indicators for free as well. They're just like built-in here. So, what he's telling you is not custom indicators, guys. And you can get a lot more here, guys. You can literally get data of, you know, cash flow, um, depth of the company, all that stuff.
But anyway, one of the other things, right, the coot that is using, it's not even available because of the government shutdown. But, uh, like we said, seasonality, it's a built-in feature of TradingView that we covered as well. So, what he's telling you is actually, like, institutions may use that data a little bit, but they actually have a much more comprehensive way of looking at data. I mean, those things don't really matter. So, what he has is basically a support and resistance strategy, which [music] is supply and demand, which is stuff you can learn for free, guys. You can learn that from ICT or wherever you want to learn it from. And that's just basically what he's teaching you, right? It's not that big of a deal. It's really nothing special, and that's why it's got a pretty low win rate as well.
So, how does this guy get such huge payouts from FTMO? Well, well, I think he just bought a lot of challenges and kind of did huge risky stuff so he would get some big runners, some big wins, and he could post about those. That's what I think really happened. I mean, he could have had a good salary, could have bought a lot of challenges [music] and done it that way. So, yeah, he's just actually using very simple things that institutions definitely don't rely on.
Just to kind of finish this off, guys, you can find all this information on the OTC question.com and you can see this new stuff added. And maybe if there's more stuff, there will be more stuff on the website as well. But, uh, yeah, basically just goes over all the stuff, also how he was, you know, overrisking on some of the trades. So, this could really be the way that he's got to the FTMO leaderboards by overrisking, doing a bunch of challenges. And obviously, you could get banned for that kind of behavior where you're just excessively buying a lot of challenges, trying to pass them quickly by overleveraging, and then overleveraging on the funded accounts as well. So, you can get big payouts. Like that's how Andrew NFX did it. That's how a lot of people did it, and that's how you get banned as well nowadays from pro firms. So, it does make sense. You add all the puzzle pieces together.
Now, I'm starting to see that Burnt actually may not be in that high regard as I thought he was, especially these results. If these results are real, which I think they are, it just paints a really dark picture on this whole situation. I really didn't think it would come to this. I really didn't think this exposing would be so bad, but it has turned out to be pretty bad. So, let me know what you guys think in the comments. It's a crazy turn of events. Uh, he went kind of from being the hero in my eyes to kind of just being another one of these marketing fake gurus, which is absolutely crazy. So, yeah, let me know what you guys think, and I'll see you guys in the next video.