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5 Subscriber Reviews of ETF Master Trader
Review by Phil, February 7, 2009
Teeka Tiwari provides a training course called ETF Master Trader. I took the course and my only regret was that I didn’t find this education 10 years ago. You will learn all about the sector rotation in the stock market, relative strength of sectors and individual stocks, and entry and exit points for sectors and stocks. Basically you will be following the Big Money as it moves through the market. He covers money management and a number of other areas that you can use to trade the markets on your own.
If you dont want to know how the markets work and only want to follow his recommendations he also provides that service.
During a bull market all you have to do is follow his recos and you will make a ton of money. During the whipsaw markets we have had the past 6 months you will live or die based on money management. You will have to be an active participant in monitoring your positions. All recommendations are triggered automatically based on his system of sector rotation and entry and exit points. The system does provide some sell signals for you to sell, go short or buy puts options. The majority of the recos are for going long because the system is designed to take advantage of oversold sectors. In the current market this is not for a novice investor that needs a lot of hand holding.
If you interested in getting an education on how the markets work and are willing to dig in you will be well served by the course. I dont recall the cost of the course but believe it was about $500 but dont quote me on that. At least you have some idea of cost.
Review by really, June 7, 2009
Having been a subscriber of the original and revised ETF MasterTrader course and initial CASH subscription (now labelled as “Sector Hunter”), I caution against this program/subscription, which involves a hefty fee for the initial course and an ONGOING subscription cost for the alerts. See my detailed comments in the forum section of stock gumshoe. You can also see some negative feedback in the comments section of the 6/3/09 Tycoon Report.
In particular, be aware that their “service” only issues initial position alerts, NOT closing alerts, and that there are usually 6 “recommendation” for each alert.
You can form your own opinion of how they calculate their success rate:
“the highest intraday high from the alert date through the present and determine the maximum percentage gain that could have been achieved between those dates.
With Sell alerts, our calculations are done similarly, except that we find the lowest point that the security reached since the action date and we calculate the maximum downward move on the security.”
Also note how they claim “double your money” based on using margin!:
“All shorts are done on margin, effectively doubling the gain before commissions and margin fees.”
Furthermore, consider the potentially overwhelming nature of the sheer number of alerts. On June 3, 2009, their representative, Dylan Jovine stated that they had issued 881 buy/sell recommendations. Since the first sector hunter (CASH) alert was in June 08, that is in one year. Can you imagine the time involved in reviewing these and then being on your own to follow all of those you decided to enter as to if/when to close, especially in the the volatile markets of this year?
Review by Barry C ., July 3, 2009
Etf master trader is a great educational / etf and stock picking course.It teaches you how to trade and picks the best etf’s and stocks when the strongest sector tells us to. The education is second to none. I wish i would have come across this site years ago, it would have made me alot of money. Try it for yourself.You have nothing to lose.Its money back for 30 days if you don’t like it.
Review by Ram, August 12, 2009
The service is a joke. Sector hunting as claimed by the inventor Teeka Tiwari doesn’t work a bit and in the tons of Sell recommendations it issued in March, April and May were disasters as the markets rallied. Customer service was hard to be convinced that the service sucks big time. When negative comments about the service flooded, customer service promptly removed the comments section from the website, altogether.
I still can’t believe I paid $995 for the service. I had to involve my credit card company to file a dispute of the charge to get it refunded.
Review by don king, September 12, 2009
Do some research before you spend money on these investing products. The fundamental way to invest in the stock market is take a financial accounting class and learn how to read balance sheets, income statement, cash flow statement, etc. After you have found a grasp of those accounting fundamentals, you have to pull up companies’ quarterly statements and review their equities, assets, and liablities then determine whether or not their stock price will go up or down.
Here’s what Teeka Tiwari said about year 2008.
http://www.reuters.com/article/idUS217009+10-Dec-2007+PRN20071210
This was published December of 2007 and the one of the main participants of the Tycoon Report claims that 2008 won’t be a bad year? Fall of 2008 was the worst quarter of the stock market in United States history because of people like Teeka leveraging on stocks, bonds, and futures with borrowed money.
I googled all the staff member of the Tycoon report and not one single query came up that showed their educational background and relevant resumes. They claim to make millions of dollars in a short time. Well, if they are, do you seriously believe that these people will charge up to $500 - $900 dollars for a “VIP” subscription? Please.
If you want to make money or even touch the risky stock market, you have to have a fundamental knowledge and experience of the market trends. The only place that will consistently teach you how to predict, analyze, and form your own consensus on how the market will do is business school.
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