Trade Lazy, Market Turning Point, Steve SwansonDoes anyone have any experience with Trade Lazy or the Market Turning Point by Steve Swanson?
Thanks in advance for any help!
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Looks like market timing, past results are not guarantee of future performance, blah blah blah
Yes
So, do you recommend the MTP program?
So…….?
I got the advertisement and signed up for fee e-book and got access to past webinars. I think advertised for $57 per month. But you also need to subscribe to E signal. So if you wish to use system yourself appx $110 per month. I went thru six of the fee archived webinars and system was very confusing. I had a question so contacted customer service. I got a call back and was contacted by one of the” partners”. He tried to pitch me on the platinium program for 3k per year. All entries exits, stop losses provided. If you don’t make fifty percent profit you get second year free. No idea if good or bad .
I chuckled…..they do not have a customer service department I guess because if you try to reach one you get a call back from the “Trade for Life Team”, as they call it and yes, they then proceed to ignore your problem and go straight to the upsell as if that solves everything…….last time I spoke to one of them the cost was $2000.00 and they drop the monthly charge! What a deal…..not. What confuses me is the need to ‘adjust’ the days being printed on their cycle charts……this is dangerously close to optimizing in my opinion and makes it all but impossible to back check anything they claim since you don’t know what data was used on the dates provided to get the claimed results. When I signed up the “Trade for Life” thing wasn’t around as far as I knew but shortly after signing up there appeared a link to signing up for a signal service, which is what I thought I had signed up for…..the charts and policies are confusing as Mike eluded to. I have been a member for 3-4 months but won’t be much longer if this keeps dragging along as it has been. Morning updates are a 50/50 shot at being there before 9:30AM EST when markets open but the daily information is useful I have to say, but is it worth it on the long run? I can’t say it isn’t because I need to be around longer to see if that is really a truism and I don’t believe I will be. Good luck to those who use this service and be ready for the upsells and phone calls of the Trade for Life Team, as they call it.
Don’t !
Are you able to get refunded?
I paid $2200 for the Market Turning Point Advisory program February 2014. I have been following every trade that has been recommended and have lost money on %90 of them. In fact it seems that Steve Swanson is going to have a hard time even breaking even after the first year. Their guarantee is BS because you have to make every trade recommended to get the next year for free so how much do you have to lose before that happens! They will not give you a refund for any reason either. It’s a total SCAM!
I watch all 4 videos that came with the e-mail link.Curious to know how many signals were given and how long do they last. One of the testimonials mentioned somebody going almost all in and making a pile.He could have suffered a big loss had the signal been wrong.
I almost signed up to after he claimed an almost 90% success .Funny that I’ve never heard about this system seller.
Anyhow, thanks for your post because I thought the cycle system was too good to be true, and the testimonials were too one-sided.
LOL, I am surprised anybody believes this BS and even signs up. Guys, the market moves on unpredictable events and even if you predict the event you never know how the market would react to it. Things you would consider bullish turn up to be bearish and later that same event which was bearish is now bullish, just look at the recent FED rate hike mess. Once it was bearish, next time it was bullish then bearish again, then bullish. You never know how that crowd and algos would react. All totally unpredictable. Claiming that someone used a speech therapy software, modified it, and used it to predict the market cycles is at least laughable. Maybe my 10 year old will believe it.
this cyclical nonsense is utter garbage, but you’re wrong about the market. Order comes out of chaos (Orden ab Chao), and chaos out of order. I have something that actually does what he claims, and my returns are …….30% ore more each trade. You can, if you understand basic Geometry, use the GEOMETRIC STRUCTURE of the market auction process to exploit any system that displays certain mathematical characteristics. Oh, I have real proof too. Not just some, over 5000 videos of recorded live trades. k bye
Hi there! I believe as you do; I am to some extent (I am limited in intelligence) a follower of Socratic thought. The lesser comes from the greater, and vice versa. I also observe the frequency influence in cymatics, and golden phi, as examples. Would you please explain your system to me?
So, where’s your proof–the 5000 videos, etc?
What is it! Or who is it?
If you know TA you know this doesn’t work
Please explain what TA is (Technical analysis)? Because, technical analysis is completely useless. Why? The market doesn’t work like that. Candlesticks are nothing but information that has already transpired and comes from THE ORDER BOOK. YOU KNOW, THE ORDERS THAT MOVE THE MARKET? Professional traders aren’t even ALLOWED to look at charts, they use their DOM (Depth of market), so you have absolutely no understanding of anything in regards to trading. Sorry 🙁
This is not directed to any one particular group, but…Anyone that’s marketing trader tools/services and RESULTS are rarely regulated, I would tread with caution if there is no audit by a third-party, then there’s no way to truly validate. If the marketer does not provide daily equity run statements (which comes from the brokerage back office), then you can’t truly evaluate. Hypothetical back-tested results are mostly useless in my mind. So where are you left? Trust, faith and/or hope—if you can’t stomach the cost of the program, and lost trade potential, then take a pass. If you can handle the ‘loss/cost’ potential at the program, then potentially take a shot. Good luck, and happy trading.
A Quick Overview will Expose this Option Fallacy. Simply plug in the following 2X ETFs (Options being pushed…DDM, SSO, QLD and you will be shocked HOW LOW THE VOLUME IS???! Very Limited Liquidity!!! = Big RISK!!!
Do Not get suckered into this swamp with Alligators of all sizes!
Anything associated with http://www.tradewins.com is like the movie Boiler Room in my experience
Good grief, how do these people stay out of jail?
In reading the comments I’m not surprised at the number of unhappy buyers. I’ve talked to tradewins high pressure sales people in the past, My advise is never buy anything they sell. Another thing, if the address is Liecester Hwy Asheville NC never buy anything from this address. They are always reselling a repackaged scam with a different name, and the bottomline name is scam.
I’ve been with Steve for over 20 years and if you stick around and actually listen to the daily commentaries and look at the graphs consistently you will see how amazing his program is. For all the comments about trade wins… your right. They suck. Always trying to up sell. Its my understanding that Steve doesn’t even work with them anymore, and it makes sense why. There’s a reason a whole load of us consistently stick with the program.
I’ve had great returns after only a few weeks using Steve’s Periodicity cycle system.
Admittedly, the learning curve was tough and some of the videos were difficult to follow as others have noticed. However, I used his system to customize cycles for specific stocks. I invested in four stocks (and SPY/QQQ) after customizing those stock cycles and after learning that the cycle system works best when fine-tuned by other time-proven indicators (namely Ichimoku cloud, MACD, and RSI). Returns in less than a few weeks with each of those four stocks were 10% plus or minus a point for three of them and 25% on the fourth (minus two stop-loss sales that quickly rallied and resulted in one wash sale when I repurchased – my fault). Meanwhile, while indexes have gone down, my stocks have continued to go up.
For naysayers, I will add that I lost on a couple of stocks before cusstomizing the stocks as I described above. However, in both instances, I was investing in very volatile stocks that did not indicate strongly for cycles and I’ve been bitten by both of those stocks in the past using several other indicators to guide me. In other words, when sticking to strong, steady stocks that indicate strongly for cycles, Steve’s system works very well. When used for volatile stocks or stocks that do not indicate strongly for cycles on his system, it doesn’t work as well, a point he concedes to. He advised me to use stocks that followed the cycles better and when I did, I walked away with a very strong return. Had I not made any mistakes, I should have cleared $8k with those four stocks (plus SPY/QQQ) last month based on the percentages I offered above.
Thanks for sharing this Drew. Do you know how I can get more info on Steve’s program without having to go through Trade Wins?