ETF Trader

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Marsha
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Marsha
May 26, 2011 1:24 pm
Back in October, I had been subscribing to Fabian’s High Monthly Income advisory service for several years, with moderate success, so I decided to try for more growth through his ETF trader. I subscribed on a quarterly basis in late October so that I could unsubscribe without too much expense if I wanted to. I spent the next 6 months following his advice *exactly*, with $30,000. Losses, losses, losses kept piling up. About $3,000 on the $30,000 at the end of 6 months: that’s a annualized loss of 20%. I was not a happy camper. I called in mid-April to… Read more »
Dave
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Dave
June 25, 2011 6:47 am
I subscribed to ETF Trader having seen reasonable results from Fabian’s Successful Investing. I started following the newsletter with approximately $30,000 at the end of April 2011. This was the start of a rough period for the markets, and I was looking for advice in a mixed-market environment. Unfortunately, following his advice was straight down. His father’s model used for the buy-and-hold Successful Investing does not work well for short-term trading. I was going to short a Russell 2000 index fund when he issued a “buy” signal on a leveraged Russell 2000 index fund, only to stop out less than… Read more »
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