Skousen “Fast Money Alert”Received an invitation today to join Fast Money Alert service bu Mark Skousen. Does anyone have any info or history with this newsletter? Sounds interesting, but as usual seems way too easy. Claims 34 trade opportunities per year with a 91% success rate and returns between 5% and 120% on trades lasting 14 to 25 days.
For those interested, here’s the link.
http://www.markskousen.com/offer/fma-give20?source=FGM025
Thanks
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Fast Money Alert- Don’t walk….RUN! My VERY worst experience of 2014! Forget about a refund or money-back guarantee also. My advise-Join stockgumshoe.com The best $49 investment I have ever made by far! Best2ALL!-Benjamin
This is option related correct?
F.M.A.- both MRTV Long Stockgumshoe.com Best2ALL!-Benjamin
Could you rewrite this in English?
I signed up for the Fast Money Alert to see what it was all about, I canceled it the very next day! Usually I let a service ride for awhile and see what they are about, kick the tires so to say. But it only took me a couple of hours on the website to see it’s a complete sham. My first worry came when I received the usual thanks for registering e-mail and the whole e-mail addressed why there may be differences in the recommendations and the add’s description of how recommendations were provided. There was no compilation of the past performance, I had to dig through a year and half of alerts to find them, then go to yahoo for historical price performance. None of them repeated from year to year and most were on for over the 14-21 day holding period the add said. According to Mark’s add they should have been able to provide 34 time correlated trading opportunities right off the bat, but they could not, this was explained as he meant sectors do well during times and then he would choose a stock out of that sector. None of his alerts would provide the historical backing of the supposedly 10-years of 91-100% success rate. there are overlapping trades and the stock prices are very prohibited for the 5 – 10k investor. I could go on and on about what I discovered, bottom-line it’s a sham and I am sure there is some great economic PhD explanation of why it’s not, but it is and you will be greatly disappointed if you think you will earn the 47K per year per 10k PROMISED.
I agree…..I have been in negative returns all year……needless to say……this is just a money maker for Skaousen…..bad experience!
We’ve added this newsletter to our list of reviewable services. Feel free to write a review here: http://www.stockgumshoe.com/reviews/fast-money-alert/
Thank you!
GEK 5/9/16
Subscribed today. Noticed that all 5 recommendations for 2016 are still held, and all are under water.
AVOID THIS SERVICE. Wish I had done my research and read here before subscribing to this horrible service. Ignored my emails to cancel (poor customer service). Results couldn’t have been worse if they were trying. Stop Lossed out of more picks than winners. If I can stop at least one person from subscribing I’ll feel better about my experience. DON”T USE THESE GUYS! You will not be happy.