Trader’s Advantage

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21 Comments on "Trader’s Advantage"

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SnoopyJC
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September 14, 2009 7:23 pm
I’ve been a subscriber to Jon Markman’s Trader’s since the beginning of August. It is emailed once a week on Wednesday after the market closes. Each issue begins with a “big picture” analysis, then new swing trade picks are given, followed by an update on current holdings. The picks are typically individual stock names with defined stops and 1/2 off targets. Occasionally a short pick is given, and sometimes a Call or Put option buy is also given. The entries are either “buy at market” or “buy between these prices”. His updates include new price targets and updates stops. Charts… Read more »
Stan
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Stan
January 14, 2010 8:34 pm
I have been a subscriber and have actively traded his recommendations for about 5 months. He has been properly bullish the whole time and his picks have been pretty good. He recommends mostly stocks and some options. I haven’t had the funds to buy everything he recommends. I have sometimes traded his option recommendations and have lost big time on those. He’s had one or two option trades that did very well, but I didn’t buy those. Most of his stock trades do well. He has been tight stops. He doesn’t provide very much education or training and his website… Read more »
twohut
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twohut
April 26, 2010 1:46 pm

Have been a subscriber for about a year. Jon has been right on and most of his picks have been profitable. He seems to miss most “shorts” however and as such I do not short his picks. His longs however seem to be very good with most (70% – 80%) being winners. I have been very happy with Jon and will continue to remain a subscriber.

Fabian
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Fabian
April 26, 2010 6:06 pm
I’m a member since march 2009. It started well but for a couple of months he is loosing it. Lately, the recommendation list is about 20 positions and we kept numb positions for more than a month. Whilst we keep these positions until the stop is reached, he keeps adding more positions from different sector. Lately we reached more than 20 positions but I was thrown out of the table; no more cash to bid further. I credit Markman for two things, the first is that he kept is bullish bias when everybody was calling for a sucker rally. Second,… Read more »
Kim
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Kim
April 26, 2010 7:01 pm

The way the service is marketing itself can tell you a lot about it. This service gives you a GUARANTEE of 50% gains per month. Any service doing it is worthless. I don’t even have to try it.

BTW, most services of InvestorPlace Media fall under same category. That includes Nick Atkeson and Andrew Houghton BigMoney and many other services of this publisher.

Be aware.

Fabian
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Fabian
May 4, 2010 5:49 pm

Small follow up. On an hypothetical portfolio since March 31 2010 to today May 4, 2010 where you put the same amount of money on each of his proposed bet and 1/10 of this amount on each proposed option bet, your performance for the month with all losers stopped out (cashed) would be -121.22% ! You are wiped out and you own money to your broker.
Trading is not a science, it’s an art. It’s not an art, it’s scientifically artistic. Neo nihilism.

John K
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John K
May 13, 2010 2:43 pm
I’ve been with Trader’s Advantage for about 6 months now. I’ve tried several other services in the past including Gorilla Trades (2 years) which I think is very similar. TA is a little more aggressive than Gorilla Trades. Jon Markman has no problem recommending small cap stocks and ETFs and he will throw in some option recommendations now & then. Performance has been so-so over the past several months. In general the picks have been good and the well-defined stops keep you from losing all your money. I do agree with another reviewer that the portfolio can get bloated with… Read more »
JohnK
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JohnK
May 27, 2010 11:44 am

Just wanted to post a follow-up review. Ever since Markman went to daily updates the performance has gone downhill. For the month of May, 14 of 18 trades stopped-out for a loss. I’ve also found a couple of times when stops were triggered but Markman failed to update the portfolio accordingly. I’ve sent several emails regarding the discrepancies and have yet to receive a response, thus the 1-star rating for customer service. I plan to cancel my service at the end of the month.

Vincent Clark
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Vincent Clark
June 7, 2010 3:02 pm
JohnK put it out there for you. I decided to opt in for a year after listening to an interview with John Markman on the disciplined investor podcast. Boy, was I in for a surprise. I placed 12 trades before canceling and one of them went north. Flipping a coin would have been much more worth it while I’d be rich if I would have played the inverse of the recommendations. Customer service was great and quick to cancel my membership without too many questions or offers to keep me in. The letter is well written and interesting, but just… Read more »
Lukester
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Lukester
July 3, 2010 10:04 pm
I’ve read the above reviews with fascination, after receiving a Jon Markman promo and reading it today. The trend described by the above comments, all very sober minded and attentive to detail (thanks to all of you for your wonderfully detailed reporting!) – the trend reiterates an insight I had about *so many* of these newsletters several months ago here at the wonderful Stock Gumshoe website. Has anyone notice the extraordinary tracking of favorable reviews to the macro trend of the markets. *All* of these newsletters were looking like freaking geniuses springing up off the March 2009 lows. The market… Read more »
spjuliman
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spjuliman
August 27, 2010 5:49 pm
Hello, I am subscribed to TA for more than a year and I did quite a bit of analysis on his portfolio and picks before I started investing real dollars. It is also important to say, that I was (?)a big fan of Jon after having read two excellent books of him. After 3 months of trading I was down and his portfolio was too, so I stopped real money trading, but I continued to monitor his portfolio and to read his newsletter (now daily). Have a look what happened to the portfolio in 2010: Jon Markman Trader’s Advantage Portfolio… Read more »
spjuliman
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spjuliman
August 27, 2010 5:51 pm
Hello, I am subscribed to TA for more than a year and I did quite a bit of analysis on his portfolio and picks before I started investing real dollars. It is also important to say, that I was (?)a big fan of Jon after having read two excellent books of him. After 3 months of trading I was down and his portfolio was too, so I stopped real money trading, but I continued to monitor his portfolio and to read his newsletter (now daily). Have a look what happened to the portfolio in 2010: Jon Markman Trader’s Advantage Portfolio… Read more »
Benny Penny
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Benny Penny
November 13, 2010 10:19 am

I’m a new subscriber here, and I’d like to make a suggestion to you, Travis. You should have an “Essential Posts” page – and start it off with Lukester’s July 3rd post here above. It makes a lot of sense, and gives an aerial view of this whole stock newsletter scene, going back a few years, and especially for the last two years.

Thanks, Lukester, and everyone else for your on-the-ground reporting.

DCCSYR
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DCCSYR
January 26, 2011 11:19 am
I’ve subscribed to TA for about half a year (vs. Kim, who never subscribed but felt qualified to give TA all 1 stars; Fabian, who gave 1 star for 5 weeks’ experience; John K, 2 stars, 1 month; or Vincent Clark, 2 stars, 12 trades). My experience has been: 13 winners (8 to 100% on recent IBM calls), 2 loses (<4%) Currently open positions: 6 gainers (9, 10, 11, 13, 14, 23%); 6 flat (<4%); one 35% loser (NFLX calls); and 1 6% loser. This is still short term, but reflects more experience than some other reviewers. I’ve made my… Read more »
Max
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Max
February 4, 2011 8:21 am

I subscribed since Nov 2010. Especially since the new year John is on fire. His picks are extremely well done, however the timing of entry sometimes is a few days pre-mature. But overall this newsletter is worth every penny. John comes across genuine and down to earth (not like crazy idiots like scamy J Lansing). He’s got stops that make sense on all trades and does keep his Portfolio clean and updated. As long as you dont pick ALL his picks but do some sorting and timing yourself this is a great resource!

ezra wilder
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ezra wilder
March 12, 2011 12:22 am
I have subscribed to Trader’s Advantage (TA) for over one month – Feb 2011 – (I’ve subscribed to his Strategic Advantage for over one year). I paid $995 for the TA. The first three trades I made were his newest at the time – call options on SLB March $95; NG March $14; VLO March $32. To this date – 11 March – I have respectively lost 97%, 91% and 91%. You read that right – loses of almost 100% in three picks. I have requested a return of my $995. Feel free to contact me directly at ezrawilder@gmail.com. If… Read more »
Bewildered former Jon Fan
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Bewildered former Jon Fan
March 18, 2011 4:47 pm
I subscribed to Trader’s Advantage (TA) for over one month now- Feb 2011. Like Ezra above, The first three trades I made were his newest at the time – call options on SLB March $95; NG March $14; To this date – 18 March – I have lost 100%. You read that right – losses of 100% in two picks. I did not do my due diligence and trusted Jon (having read his books and seen his marketing promises for TA, for which I have paid a very heavy price, in the thousands of dollars…. Summary of Jon Markman’s 2009… Read more »
hiddendiv
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hiddendiv
May 17, 2011 12:52 pm
I tried it out for three months. I lost all I invested into the picks and much more. When a trade was clearly a loser I held on to the stop listed and felt like I was reverse trading into a loser’s target. Plus I was upset the losers were not properly updated and in worst cases not even shown in new updates. My costly opinion after this disaster to my account is that Jon is not even actively involved with this newsletter. He just has his name on it. Some monkeys or disgruntled hourly wage people are just throwing… Read more »
AKat56
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AKat56
August 28, 2011 9:39 am
I’ve been a subscriber for over a year now. Jon does very well in up markets, not well in downmarkets for the most part. I have learned not to trust his short positions. They occasionally make a few percent but they stop out much more often and he seems to get into them after they’ve dropped 80% already. I have also had poor results when he refers to something as “seasonally this is a good (or bad) time of year for this stock. I tend to trade mainly his option recommendation when he’s been bullish and had some spectacular winners… Read more »
AKat56
Guest
0
AKat56
August 28, 2011 9:39 am
I’ve been a subscriber for over a year now. Jon does very well in up markets, not well in downmarkets for the most part. I have learned not to trust his short positions. They occasionally make a few percent but they stop out much more often and he seems to get into them after they’ve dropped 80% already. I have also had poor results when he refers to something as “seasonally this is a good (or bad) time of year for this stock. I tend to trade mainly his option recommendation when he’s been bullish and had some spectacular winners… Read more »
dgill002
Guest
0
September 2, 2012 4:01 pm
Dont waste your time with this newsletter. The return numbers are skewed, they sell portions of a trade and count all of them as winning trades. I found a mistake in one of the daily updates and I wrote to them about it and they never responded. Most of his call buys are losers. Look at his past trades and do your own math and you will see this is not a service that you should pay for. You can get better advice and higher retruns from free news letters. I tried the 3 month trial for $149, but I… Read more »
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