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I just read a come on for 1,390% profit every 10days. Last year they closed out over 137 averaging one every 10 days. If you would have $10,000 on each trade… let’s see that sounds like a huge amount of money for so many positions. That right there shakes my confidence.
I couldn’t agree with you more! When an opportunity sounds to good to be true; well we all know the answer to that one, don’t we! Maybe someone that took the bait can confirm?
I was one of the fish. Eight trades later no winners, all losers. my only satisfaction was I bet small. How can we stop these scams?
I think I’d have better luck in Marijuana stock. Canada is now recreational use and many states are passing law to legalize it. There,’s also money to be made in what a grower needs; lighting, land supplies etc. I almost got sucked in too. He also said that book wasn’t for sale. I’m out before I get in.
I have been getting his free emails for a couple months. My friend has actually paid to the $2,500 yearly membership. I have been getting some info from my friend to test the legitness of this guy. So far I have done 3 of his recommended trades and all 3 have profited in 100% gain or more. That being said, my friend has done about 10 of his trades and has lost everything on 2 or 3.
Right now he just reccommended a put call for Aug 21 at a strike price of $28 for DHI. So far I’m at a 39% gain. we’ll see how it ends up.
I must say that all of his emails and the way he goes about advertising lions exactly like a scam and impossible lie. I’m still skeptical. But I have made a few hundred dollars testing him out. If this DHI option goes well, I might buy the membership. Hope this helped.
*a put option for Aug 21
*his advertising LOOKS like a scam
Thank you for your apparent honest assessment. Please keep us posted on the outcome,
So this is about a year old, anything new to report?
Ive placed 16 trades with Tom and only 3 are in the money,Now im sitting on 5 trades and all 5 are almost down 100%.
Thanks Sharon for summing it. Thanks to Stock Gumshoe for posting about this subject and user feedback.
The only trades that have made money where trades based on earning apple ,priceline, and 1 trade one sune.
Been with Tom service 3 months today and the service generates many lossers and few winners. Im out when the rest of his picks expire wortless. Better luck with a dartboard.
@sharon, I would like to know your honest opinion on buying the Tom’s subscription. Thanks in advance.
Doesn’t Trademiner do exactly the same thing he’s claiming to do? Just look for certain patterns where stocks have increased or decreased over the same period for 10-15 years? Not endorsing Trademiner, just trying to see what makes his idea so supposedly “revolutionary”….
i checked out that software. I think I’ll purchase it, it’s cheap. The strategy I’ll do is see which swing trades are trending this month put them on a watch list then get a second opinion (1800$ for calendar alert) and if they are recommending the same option then heck why not. But ya, blindly following someone’s opinion without doing your own analysis is wrong, they probably are using a similar tool like this and what the fee you are paying for tom’s calendar is a professional opinion.
At least this way if you lose money you don’t feel as bad because you did your analysis as well. Thanks for this app recommendation !
Being a newb trader myself I rather learn the intricacies of why professionals say but this ,sell that. Then when you do your own analysis you can compare it to the pros like Tom.
Just curious , is the one you have this one?
http://www.swing-trade-stocks.com/trademiner-review.html
That’s the same one. I got it a few years back for some teaser rate of like $99 I think. It’s not a bad program, but I feel that it would be difficult to make a viable strategy on a purely quantitative basis, even if it might be a useful assistant for an existing trading strategy. Reason being, to purchase the amount of positions you would need to purchase in a given month to be relatively well diversified from single position risk, you need to have an immensely large account to minimize the adverse effects of commissions. Buying and selling 10-20 positions a month adds up quickly.
I ran backtests over 2011 and 2012, and found that my criteria (though there’s a bunch of ways to set up your own) carried over about a 60% W/L rate on the years following a “90% W/L rate” (ie. the price had moved 9 out of the last 10 years in the same direction, but the ensuing year only carried a 60% of recurrence). It’s tough to run these backtests because you have to make sure trades overlapping month turnovers don’t overlap in your account (ie. spending money you wouldn’t have available). Anyways, 2011 was a flat market, and 2012 was a bull market, so my tests were severely limited in their scope. However, second half 2011 was pretty volatile, and yet the program didn’t get completely crushed. Overall, including commissions the $10,000 account would have gained 17% & 32% in each year respectively. Average P/L per trade was roughly 1.5/1.
Note: These were done on COMMON STOCK trades, and not options. I walk-forward tested some of these ideas from 2012 into 2013 using options in a practice account, and it got CRUSHED. The reason behind this is because less than half of these positions experienced a >3% gain in the allotted time, but they ALL experienced time decay. This greatly reduces your win % on trades, and resulted in a horrible Sharpe Ratio over the time period tested. Granted, I was making these trades based on OTM options to try and capitalize on big % gains (which, from what I understand, is what Gentile does), whereas you might be able to buy deep ITM options as more of a direct play. This test can be run on your own to examine viability.
A lot of these yearly profits show up consistently around earnings. This is likely why the trend doesn’t continue at the same 90% rate as before (because past earnings are not a great predictor of future earnings, if Graham taught us nothing else).
So, if you want to trade these historical setups, it’s probably a lot better to use a program where you can backtest (versus taking the snake oil salesman’s word for it). It may turn out to be a good style for you, but the “too good to be true” argument fits here as well as ever.
I just watched Gentile’s lengthy video presentation.
He spends a great deal of time presenting the profits you COULD have made by cherry-picking positions from many that appear available on his presentation screens.
What he does not tell you is whether or not these fabulous gains resulted from his two recommended positions each week, which tells me that they are not.
That means to me that I would have to enter a lot of positions he shows as available to hit on the occasional big winners that he showcases in his presentation.
I’ve been subscribed to Tom Gentile’s Money Calendar since July. I’ve missed a few of his alerts, due to timing, but overall I’m down about $4500, not including the $2000 to get in. He’ll publish a video when one hits and proclaim the money calendar strikes again, but overall, as soon as an alert is emailed, I’d venture to guess it almost immediately starts to die. I’m officially out now, but just wanted to let everyone know that I believe this is in most parts a subscription scam. Must be nice to get thousand to part ways with $2000-$2500 for the year and throw them crumbs. I take full responsibility for my own losses, but just warning the curious what you’re in for. Good luck.
Thanks, just another gamble with scam. I need to vomit. I just wish for once something would be real.
Hi…This is a ” copy-and-paste passage of the sales letter” The quote is:
I guarantee that if you don’t see a chance to profit in the next 30 days on Tom’s upcoming trades, you can call us and receive your membership fees back in full. This way, you’ll risk absolutely nothing in signing up….. END QUOTE
THE KEY WORDS HERE ARE…..(if you don’t see a chance to profit.)..
My thinking is: How in the world can someone guarantee that somebody don’t see something.( Same argument that Bush pushed regarding the WMD’s in Iraq)
It is …and will remain… impossible to ascertain…until one side of the litigation team runs out of money for their lawyers…Then …the other team is winning….and still not resolving the issue.
I always thought that …hard work is the only sure fired way to advance in this world
Excellent analysis of he word “chance”. I remember a few years ago when DR. Kent Moore was putting out videos stating that we were going to have an electric care revolution, etc… He bragged about being a consultant to the richest oil families. Think about how he did not know that fracking would change the oil industry to a point where prices would decrease and people would not be rushed to purchase electric cars.
Kent said Lithium would be the next valuable commodity like gold. My wealthy stock broker friend always says that if you know how to make millions in stocks why do you need to waste time selling subscription letters to people.
Thanks very much for all those who took the trouble to make a report on this “offer”. I nearly got sucked in. Whew, A closer shave than a Remington.
Archie
The DHI put mentioned in my earlier comment went horribly wrong, lost $1,200. My friend who purchased his $2500 membership canceled it for a partial refund.
I think his trick is that he tells us about trades that have already happened. It’s easy to get distracted by the big percentages and facts about what happened with a particular stock. He always speaks / emails in past tense form about what you COULD have made. Some of his examples were never even recommended trades in the first places. Anyway. Hope this has helped someone out there.
is there someplace where I can see the list of the 8 or 9 items that are needed to create the “F score”? Were you successful in seeing the X happen in any stocks you were looking at? Did they have the required/needed “F score” items?
thanks for your time.
sorry, when I asked the question was thinking about High Velocity Windfall
not Tom G. newsletter
Hi Fay,
I’m do have High Velocity Windfall. ALL of his picks I’ve had done, are making money. One of the few legits I’ve seen out there.
yes this has helped me, I googled the money calandar while litening to a presentation and now thanks to all of your experiences I now know not to proceed further with this money calendar proposition.
Thank you for your help.
Great comments. Thank you. As I suspected, yet another subscription game to make money for the editors and leave us traders in the dust. Happy trading.
Thanks for all the honest posts and follow ups! You all have saved me from another costly disappointment.
Fay, I will try to get you some of the info you seek on the high velocity windfalls.
Travis, I wish I could post a screenshot on your site.
Fay: I believe the high velocity windfalls is more of a recommendation service than a learn, observe, and apply service.
I believe the the piotroski score is composed of:
Net income
Cash flow return on asets
Change in return on assets
Quality of earnings
Change in gearing or leverage
Change in working capital
Change in shares issue
Change in gross margin
Change in asset turnover
They are either viewed as positive or negative changes for the above and all positive would be a 9 out of 9 piotroski score.
The above are my opinions on the subject, maybe it will be helpful to you.
Hi to all readers and contributors.
over the years, I have willingly paid subscriptions to various companies and their offers/recommendations of shares or trades.
all have failed to generate a positive return.
By the time I realised the failures, it was usually too late to look for a refund.
I accept the onus was on me to buy or not to buy. I am responsible for my losses.
Nothing ever seems to change, there is a willing new group of subscribers for these companies, to sell their wares.
I recommend that the combined experience of us traders, and stock buyers, could be leveraged on a free forum, for the benefit of all. The forum would only have positive suggestions and information, supplied by the users/readers.The responsibility of what anyone does with the info from the forum, of course, as always, lies with each individual, who uses it.
Are there any like minded people out there, who feel up to a challenge like this?
noel-You have arrived at the correct place via stockgumshoe.com where the camaraderie is second to none. The site does charge a minuscule fee of 13 1/2 cents per day if you wish to join the Irregulars and take advantage of the incredible information provided here. Best2YouAlways-Ben
When you listen to Tom Gentile’s video about how much money every one claims to have made over and over is sickening. Is there anyway that people like him can be challenged or stopped in their tracks for false advertising. In this day of sophisticated technology, they use the Internet openly to scam people and ironically, get away with it. Does every one believe that what is on the Internet is true, WOW.The old saying buyer beware is not good enough. These type of people or organizations should be eliminated once and for all. Maybe it’s time to go back to the Good OLD Wild West Days, heaven forbid. This reminds me of back in the 60’s in Montreal, a van parked in a no parking zone in broad daylight hours and men in white cover alls were loading the van up with refrigerator etc right out of the Hudson Bay department store. I said to a friend at the time, looks like a robbery in plain daylight and he said , you are crazy, they work for the HBC, they are service men, right. Guess what, a few hours later on the radio, it was announced that a robbery had occurred at the HBC down town, Montreal. These robbers were never caught. Kind of like the Internet, do it openly and because it is on the Internet, it is true, nobody questions it. Kind of like Dr.Oz and his coffee bean endorsement which was a big scam. I am still waiting for the weight to fall off. It’s called delayed reaction. Who actually gets or pays these people who make these claims of such profits. Has anyone ever confronted these people who make these statements. If it is true, that is one thing, but if the statements are not true, then what is in it for them? Curious!!!! This sounds like the tactics of the Hidden Persuaders are at work all over again, deceive, deceive followed by SCAM SCAM, SCAM. Maybe the world populas, for one solid year, should turn off all their electronic devices, including televisions, especially the internet and then see what would happen to the Greedy of this world and the thousands and thousands of so called charities that exist. End result is always, My Pocket first , Yours never.
DG
I’ve been with Tom since late 3rd quarter 2015.
I started with $20,000 and largely (not completely) following his advice I’ve grown that to $31,000 over the last 4 months or so.
He had several winners early on when I was doing small trades ($500 ea per recommendation) and he’s had more losers in December 2015/January 2016. I’ve managed to keep above water by doing day trades catching AMZN or other big stocks at resistance/support levels.
So basically I was making an additional $3000/month in Q4 2015 and for the month of January I’ve made…. $18 (not kidding).
I know this is way after the fact (1.5 years) but I listened to Tom’s video and got excited. Haven’t invested yet (asking price is $499 for the Money Calendar). Todd, what did you do that everyone else didn’t thoughout this chain? Also, how are you doing now, a couple years later? Wondering if the Money Calendar has changed in any way and maybe gotten better results. If the experience is better, I might go and purchase.
I did unfortunately get sucked into this subscription. I now refer to it as the Lose Money Calendar. There have been a couple of transactions that doubled, but there have been too many others that have more than offset those gains. I currently have two open positions recommended by Mr. Gentile, and each day I watch both slowly sink towards $0. I guess for some unknown reason I’m hoping to turn around these losses and I continue to play his recommendations, but each time I end up kicking myself. At this point I’d like to simply recover the investments that I’ve lost, and consider the $1,950 subscription as a lesson in hard knocks.
Thanks everyone for your honest opinions. You all saved my hard earned money.
Hi all
Thanks for taking time to post all those comments, same as a few people I was getting sucked in by all the promises of huge gains,I literally had my card details out just decided to do a little more checking first!!!
Thank you to all. I was getting ready to get sucked in and even had a argument with my wife 3 days ago about this. I guess I have to tell her I’m sorry.
HI Joe,
Lately I am having the same issues that you are having with your wife. Every time I see one of these money making schemes,I like to join and she always refuses.we occasionally have fights. Her thought process is, if this guy could make boat load of money, why cannot he make his own money instead of selling to folks like you. Thinking back it makes lot of sense now.
Al Razzi