[aiptasia]

Actually people didn't directly lose money by reading his posts since he doesn't charge anyone for his "advice". But indirectly yes. 

The real purpose of all his posts is really to stroke his own ego, by predicting this and that. Many of his predictions are merely random guess that is equivalent to gambling. May make some small money which is ok for him since his expense is low, but not for others. There is no sure way of making money other than investing in good stocks with good growth and fundamentals. Even that way is not guaranteed.

Anyone who reads his posts and follows his trading style is bound to land up in misery, or at least, his health will be greatly affected since this kind of trading involves full concentration at looking at movements of prices - the stress will kill you over the long term. Totally not worth all the effort as you'll just spend money going to the doctors.

In summary, any new birds here MUST avoid following his tips.

100% right on.

No serious and real trader would bother to post his so-called tips in a low traffic anoymous forum like sgtalk except to brag on non achievements.