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Stealth Profits Trader (defunct)

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149 Comments
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Zuiszuiszuis
Guest
Zuiszuiszuis
October 15, 2017 10:32 am

When’s I get involved in a get rich quick scheme , I usually want to be the one getting rich. If they need the large amount of money up front and now there is no guarantee, except that you will have 66 triple digit gain opportunities in the next year , the next they don’t really believe in their own product. Technically we will all have the opportunity . If they give 1000 recommendations and 66 are good you will still lose.

Matt Morris
October 29, 2017 4:37 pm

Sorry to see all of you guys getting hurt by this stuff. My options alert service is around 70% win rate at the moment, you can check it out at https://fedtraderservice.com/order. About 2-3 trades per month, based on Fed announcements.

-Matt

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flay
Guest
flay
October 30, 2017 12:02 am

Idiots! Sheep! All of you. Having spent the better part of two decades trading other peoples money (and my own) for a living, I can tell you that there is no free lunch. Professional managers dedicate millions of dollars to infrastructure, R&D, programmers, and traders in “hopes” of delivering respectable returns. They have decades of experience and some of the world’s brightest minds at their disposal.

Advertised programs like these are not designed to teach you how to make money. They are designed to give unsuspecting retirees false hope by exploiting the severe knowledge gap that exists within the retail investor community.

But, by all means, keep wasting your time and money. I’m sure you’ll find that pot of gold someday.

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Joe
Member
Joe
August 11, 2018 2:00 pm
Reply to  flay

I have spent the last 5 years and lot of money to learn how to make money consistently. There are no magic formula to predict human and machine (programmed by Human) behaviors. It take hard work and discipline to work on a trade by using fundamental analysis (choosing which company to trade), technical analysis (when to get in and out), and sentimental analysis (fear and greed gauge, VIX). Most important is to have primary and secondary (repair bad trade) exists. I use options for income and for hedging. My suggestion to you all is to get educated and don’t depend on any magical system or people. I now am able make consistent income from options after spending thousands of hours learning and also learning from my bad trades. I keep daily trade journals so I can learn from mistakes. Good luck to you all.

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Gary
Guest
October 31, 2017 10:35 am

If you really want to make a a lot of money, then get involved with Bitcoin. Please take a look at my link. I would love to help everyone become very wealthy. This system is free to sign up and has no monthly fees. You will be glad you did!
http://www.passivebitcoinpro.com

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Scott Paul
Member
Scott Paul
October 31, 2017 1:40 pm
Reply to  Gary

1% return a day. And get this: “The ingenious software has been ‘de-risked’ to deliver steady, consistent growth in both the Forex and Bitcoin arenas*”.
Gee, why didn’t we think of that before – just get software that “derisks” your trades? As big a scam as D.R. Barton.

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G13mn
November 1, 2018 4:26 pm
Reply to  Gary

well this post above is a year old , hope u told people to sell in middle of December

Michael Levine
Member
Michael Levine
December 11, 2017 7:56 pm
Adrian
Member
Adrian
December 17, 2017 5:23 am
Reply to  Michael Levine

I just signed up for 10 Minute Millionaire Pro at the end of November. I saw the same promo video that you just posted, I think (or one similar). However, it turned out to be quite misleading. When I got my membership and saw the portfolio of currently open trades, the rates of return are nothing like what the video implied. To get those triple digit gains, they have to be option trades, but I discovered that all the recommendations given since this service started last May have been stock trades only.

Having said that, however, within a few days of signing up, a new alert was issued, and it was the first time the service had issued an option trade (with the choice of just sticking with the underlying stock if you preferred). I took the option trade and I have to say it was a great trade! Bank of America Dec. 15 Call at 27 strike. Within about 5 days the trade was up over 100% and we got an alert to sell half the position with instructions for the price to try and sell the next 25%. Within about a week and a half we were told to close the trade. I ended making 426% (before commissions) on the final contracts I sold. 314% average profit for the trade overall. My timing was lucky to get their best trade so far as my first trade! Still waiting to see how future trades go, though.

I realized after getting into the member site that the promo video you posted is not actually lying (just misleading). It says that “a group of people who took trades using this same method mad the following gains” or something like that. So it didn’t actually say that 10-Minute Millionaire Pro member got those trades. I assumed it was talking about the Stealth Profits Trader members, but judging by what people on here have said, maybe not.

Anyway, for $39 for a year, it seems like a really good deal, especially with the trade I just did, even though the promotional material is quite misleading. There have been a few good stock trades closed already too which were not triple digits at all, but still quite good. A few high double-digit wins but they were open for several weeks. Not a few days like the promotional video suggests.

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chrisd
Member
chrisd
May 25, 2018 5:25 am
Reply to  Adrian

This is still being touted at $39 (May 2018). ‘Only 500’ membership spots available. And he’s ‘giving the stuff away’ to support his ministry, because he’s such a good Christian soul. Mmmm. Good to hear it worked for you, Adrian, and does it continue to do so? If a technique – and I have yet to follow up all Monty’s invaluable suggestions – works over the longer term, with clearly defined (and relatively low) risk parameters, then it would be of interest at $39.

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Chas
Guest
Chas
January 28, 2019 4:14 pm
Reply to  Adrian

I’d like to know if Adrian is still a member of the 10 minute millionaire? And if you’re still winning trades?

G13mn
November 1, 2018 4:23 pm
Reply to  Michael Levine

maybe a hair better , cause stocks do not lose as quick as options

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Active Trader
Guest
Active Trader
January 1, 2018 7:36 pm

A close analysis of the math reveals that DR Barton has just taken the oldest and simplest indicator ever made and repackaged it, renamed it, and called it new. I believe his ‘hook’ pattern is nothing more than the price crossing over its 20 day moving average (20MA).

Apparently all he has done is plotted the absolute value of price minus 20MA. The so called zero line is just the point where price minus 20MA changes from negative to positive after a pullback in price. The formula he touts, F / k = X, seems to be just a diversionary tactic to fool you as it is totally irrelevant and unnecessary. As a matter of fact Hooke’s law can not be applied directly to trading. Barton’s formula substitution with the 20MA is totally arbitrary.

Most every charting packing available, free or otherwise, will already plot the moving average of price. So there is really no need to pay $2,500 to see a convoluted representation of the price’s moving average. BTW you are going to need a lot more than an indication of price crossing it’s moving average to consistently make money in the stock market.

In my opinion his sales presentation greatly over emphasizes his purported winning trades while barely mentioning any losses. His sales presentation relies heavily on your imagination with his use of the word “imagine”, combined with if, if, and more ifs.

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Monty
Guest
Monty
January 5, 2018 10:09 pm
Reply to  Active Trader

Active Trader, It is a lot simpler than that. Go to amzn and search For Trading the Ross Hook. by Joe Ross.
You are right He copied it alright.

G13mn
November 1, 2018 4:22 pm
Reply to  Active Trader

i tried to program his hook algorithm he explained , it does not look the same
however , i did make a killing 1 time
but after all the losses , i had only a hundred on it , , made 30 x , his service 6x
i did my lines and support and got in lower
but why should i have to do that when i paid them so much ?
sigh , 1000 would have made enough to make all the money i lost back [ except for taxes , ]
sigh , only started the news lettter cause i was thrown off after my dad died , now lost that money with money map stuff ,
sigh , cry , f baltimore , my the earth open up and swallow em

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kaseymoe
Irregular
kaseymoe
January 5, 2018 6:41 pm

I paid for the lifetime subscription price of $1950 as i recall it then when the annual $249 maintenance fee came around cancelled the whole thing . It was that worthless to me. Every trade I executed was a loser – by the time I got the trade alert and executed it the price was beyond the recommend entry and I could see from the options chain which strike price and date had the Stealth clients so competing with several thousand others was not a winning strategy. Most trades ended up going south immediately – the stats they cite for gains must be seriously cherry picked at some very short lived price to show winning results. The rep did nothing to try to retain my when I called to cancel – i suspect he was used to similar calls.

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kaseymoe
Irregular
kaseymoe
May 15, 2018 11:43 am
Reply to  kaseymoe

Similar experience and I too canceled my “lifetime” subscription rather than pay the annual fee. Hard to get in at their price so many of their recommendations never got off the ground. When I chased the price higher it never worked out. Tried offsetting the call date – nothing worked for me.

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magicweaver
August 3, 2018 8:19 pm
Reply to  kaseymoe

Here it is the beginning of August 2018 and the man still uses pretty much the same hype. 500 sheep at a time!
I am a complete beginner, learning as much as I can from blogs, posts found on this site and (thank God I have nothing better to do) from Webinars.
I am paper trading and have gotten my feet wet on some penny stocks.
Even with my limited knowledge I could discern that this guy is a scam artist. I stayed away from him and many other “gurus”, then checked this site to see if I was right in my evaluation. So far I’m right 100%. Wish I could say that for my small investments. I’m still not quite braking even.
Thanks for listing resources here, my 74 year old brain needs to exercise.

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Bob
Guest
Bob
January 15, 2018 5:02 pm

Do not waste your money on this guy. He touts all of his winners but says nothing concerning his losers. I made the mistake of trying his Stealth profits program. ..he is about 30% since November. I truly think I could do better flipping a coin.

Joe
Member
Joe
August 11, 2018 2:09 pm

I have spent the last 5 years and lot of money to learn how to make money consistently. There are no magic formula to predict human and machine (programmed by Human) behaviors. It take hard work and discipline to work on a trade by using fundamental analysis (choosing which company to trade), technical analysis (when to get in and out), and sentimental analysis (fear and greed gauge, VIX). Most important is to have primary and secondary (repair bad trade) exists. I use options for income and for hedging. My suggestion to you all is to get educated and don’t depend on any magical system or people. I now am able make consistent income from options after spending thousands of hours learning and also learning from my bad trades. I keep daily trade journals so I can learn from mistakes. Good luck to you all.

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SoGiAm
August 11, 2018 11:37 pm
Reply to  Joe

Five STAR post, Joe!
Thank you for sharing. 🙂
Best

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Dan
Guest
Dan
May 14, 2019 3:17 pm

All hype. Never could get exact details on past trades even after the huge price for service. This is not a suitable service for any small investor. Canceled my subscription. They don’t allow any refunds or I would have canceled within a month.
Never disclosed the massive amounts of margin required for writing naked options or using way out of money options.

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