Its mainly not about the amount of money get distributed but more about the content being deceiving. People who dont understand technical analysis will fall for hia bullshit. TA just doesn't have any value on coins that have a very low market cap. He has a big following. So he has more responsibility about the things that he posts. Ethics just come in to play and if you want to promote a fraudulent person. Go ahead. But I am here to defend the naive people that may be putting money in shitcoins because of his TA.
On an ethical point of view he's just being a very toxic member of steemit. Thats why I'd flag him.
Just because simple minds are deceived by complex and complicated topic matter, doesn't mean it's unethical to teach. He does an excellent job of explain how TA is to be used, and that it should not be blindly followed. He also provides some material to help people get educated on Eliot Wave counting.
If you have a formal proof of why it doesn't work in certain situations perhaps you should post them to help out the community. But by down voting to "protect us" from his educational lectures is non sense as one of the principles of the platform is uncensored. If we want to watch content that you or anyone else approves of we can go to another site.
He is one of the most responsible analysts I've ever encountered. He goes out of his way to explain how his analysis should be applied in conjunction with ones own analysis. He choices his words very carefully and is very precise in what he says.
Thanks for defending us little guys, but no thanks... I'll decide which analyst I want to follow and listen to. Please piss off and stop flagging the content providers I follow. I'm sure there are plenty of TA or analysts that you follow that do piss poor jobs, but I'm not out flagging them.