i have gregory wilsons on the spot and it has a section on pickpocketing and watch stealing but he only teaches u how to get small objects out of exposed places on the body with a little misdirection, it dosent work withwallets and mobile phones and when he watch steels he uses a two handed watch steel which is very hard to put two hands on someones hand with the person feeling its ok.
anyway it all requires misdirection ,but i remember watching james coat once touching the person when pickpocketing and he never feels a thing how does he do that .
is there something different then what gregory wilson does i mean does he use an action to cover the pickpocketing action and watch stealing action ???

the most easiest way to pickpocket or watch stealing for me is hypnotism

whats that how do u do it?

sometimes,but you're correct its misdirection not hypnotism.so dont get washed-up