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Weekly newsletter with recommended portfolio of Australian and other global stocks.
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The news letter is the Trident Confidential, an Australian publication which covers all stocks and which costs AU$399 per year.
The information is in depth well informed and very accurate, our portfolio based on his advice has returned 95% so far for this year.
Regards
Richard
Been a subscriber for two years and will be one forever. Spicer’s predictions have been uncanny and his returns have been excellent. Im really happy and have made money on all his picks except two that I was stopped out of with tiny losses. Even though he’s expensive – worth every penny.
I have subscribed to this newsletter for 3 years. He picks Australian and American stocks. Published once a week. He has buy and sell rules. Sets stop losses once you have bought stocks. I have tried many newsletters and this is the one I will use forever. The first year cost AU $799. If you renew before your subscription expires it is AU$399. I have made money each year of my subscription and that included 2008.
Trident Confidential is a bit of a scam however he gives good stock tips. You need to use technical analysis to use technical analysis to get your own genuine returns.
He states just this week 9-16 June 2010 that he picked up 10 stocks at the bottom of the market and made 14.5%. He manages to miraculously purchase stocks at their lowest price and make maximum return and yet get minimal loss when the stock market turns down. He also stated to hedge against a fall too however he right out lies on the strategy for this. He should have lost money on these trades but managed to get profits. He is full of contradictions just to make his returns enormous.
There is no professional audit on this returns. Just what he says. All very suspicious and I’d like to see someone prove they got the same returns as he did year on year.
Buyer Beware!!!!
Don’t know what the last post was all about. Those 10 stocks were a clear buy and quite purchable at the buy-in price posted. I have no doubt whatsoever as to this report’s accuracy and truthfulness. The only issue that I have come up against is whether you have the emotional resolve after being stopped out in a market correction on a number of occasions – to then take the plunge and buy another set of stocks like this when they are recommended. However, the fact remains is that if you follow the portfolio you will get the returns indicated. This is no scam!! Greg
I’m a subscriber and have been with Trident for just over a year having joined when things were bad in early 2009. And I have to say Lance was superb in keeping subscribers informed and keeping me sane. I put a lot of trust in his words and it paid off. His stock picks are excellent and to do so well through such bad times, I say “congratulations Lance – job well done!” As long as he keeps publishing I’ll keep subscribing!
Really good newsletter and advice – Love it.
Been a subscriber for nearly a year and I have to say it’s the first time I’ve been impressed by a stock picker. Trident’s stock picks are spot on.
What I can say is that there is more to the newsletter than just master stockpicking.
To get Lance Spicer’s returns you have to follow 2 strategies.
1. He always sets his buy prices a few percent below where the market is and does so in 2 part allocations. One lower than the other.
2. He employs a strict stop loss strategy placed at a certain perecentage below the recent high.
These two trading strategies work superbly well and have proven to me that this is a newsletter worth listening to.
As I have followed these strategies from day one, my returns have been almost exactly the same as the newsletter’s although I don’t weigh my stocks evenly like they do.
If you find you don’t get his returns – its probably because you haven’t followed his rules. I know another subscriber, who complains that she doesn’t get his returns, but then she constantly ignores the buying rules and doesn’t set her trades where he actually tells you to. Trident are always telling subscribers to be patient, but the less experienced ignore his advice and then complain later. Me? I stick by the rules and I get the returns – Totally impressed!!
Excellent newsletter! His U.S. and Aussie stock picks are by and large, great. He has had problems with some members not following his trading rules and jumping in (stupidly) and paying too much for his stocks, mainly the Aussie ones, which I don’t trade anyways. This seems to have stopped now that he no longer recommends tiny stocks that are subject to this kind of behavior.
I have made really great returns by using his buying strategy and placing my trades exactly where he tells us to each week. His research is done in accountant fashion, because he is one, which means we’re talking pure fundamentals here – bottom up stock analysis with a top down thematic investing approach – his results are pure genius. He always seems to be 3 months ahead of the game.
He protects all his positions with stop losses and lets his winners run until they reach his valuation.
All in all an excellent service and I have now discontinued subscribing to other newsletters in favor of Trident. I will say to newbies, sign up by all means – I totally recommend you do, but if you want his returns, then you must follow his trading rules. Some people ignore the rules and just buy the stock at any price which means you miss out on some of the returns. Highly Recommended!
Re: Trident Confidential Newsletter
The Administrator of ‘Aussiestockforums’ posted the following message on 23July10 with respect to two posts made by Dragonwire earlier on the same day:-
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This thread is now being closed and and from this point forward we will not be allowing any further discussion of this product.
Sadly, this morning an individual using an email directly associated with this newsletter registered at ASF and posted in this thread posing as a satisfied customer. This sort of dishonest and deliberately deceptive behaviour is not tolerated here at ASF and the account in question has now been permanently suspended.
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I wonder how many other posts (above) have been made by Trident Confidential posing as a satisfied customer???
Review by Ashton Ohara, June 15, 2010 (above) must have hit a nerve!!!
I am no Trident employee and I can tell you that I am very pleased with this newsletter. It kept me optimistic when the market was down huge and i have no doubt that following the rules Lance gives and his picks would make the huge returns he describes. I do think it takes a lot of money and time to follow it all and picking and choosing is hard because you don’t know when ones are the occasional losers. The key is to buy as low as possible and set the stops as he describes – or your own from technical analysis.
He is now doing a fund so I suspect this newsletter will get a lot less of his time. The fund he is launching is very expensive with fees all over the place. Too bad because I didn’t expect that of him – he seems genuinely more interested in great performance that making money. The newsletter is the best I have seen.
I’ve been with Lance for about 5 years and I can not believe how brilliant this man is. He even picked the global meltdown 18 months before it happened – the only thing he got wrong here was the magnitude of the crash. His greatest benefit is that he is a great teacher who is absolutely passionate about the world of finance and investment.
If Lance put his subscription fee up to $2,000 a year – TC would still be well worth it and I would pay it in a heart beat.
Gregory,
content TC member (retired)
If I could give minus starts I wouldd! If you want proof that Trident Condifential and Lance Spicer are a complete scam check out this 2 months results of his new management fund at: http://www.amhonline.com.au/trident/
The Dow JOnes has made 6.7% in two months and he has made only 2.3% in the same period from 1 December 2010to 31 January 2011. I would consider this a disaster as wait when the market is perfoming badly how he will perform. 90% average returns. What a joke! He can’t and will never match this.
You have been warned and now there is hard core proof so no more of Trident Staff can deceive the public by writing in these forums of how great he is and saying he is one of his subscribers.
I think ASIC should investigate his company for misleading investors. I am sure he is based offshore so noone can touch him. Remember he worked for Christopher Skase once. I guess the apprentice is now the master con artist. A current affair would love this one!
If you want proof that Trident Confidential and Lance Spicer check out results of his new management fund at: http://www.amhonline.com.au/trident/ .
Lance can say whatever he wants in the newsletter because it is not audited and is based only on what he says. Here is a fact: Fund started 1 December 2010. As at 28 February it is at 4% return in 3 months when the Dow Jones was up 8%. What would be your return when the market falls! You do the math…
And remember he says he averages 90% return a year. In the last month he made 1.4%. Now that he has had 3 months he should be fully invested and that means per annum he is returning 16.8% and the last month was his best result. That is NOT 90%. Case closed.
The best thing about Trident is the weekly economic and political summary that Lance presents to the reader. His style is straight to the point with the bonus of some humour in his comments on the Australian Economy and his quick US summary. I have a been a subscriber to his global investment book series since 2003, which opened me up to the hidden world of off-shore banking and alternative investments. Mr Spicer, as mentioned before, was the late Christopher Skase accountant/adviser. Mr Skase was Australia’s most colourful businessmen in the 80’s boom who eventually became a infamous fugitive con man who lived out his last days in Majorca Spain. Someone was advising Mr Skase well, as the Australian Government did not succeed in retrieve much of $100m scammed from Oz investors. You see, Lance Spicer is street smart. He is real and practical and wants the best for his readers. It took a lot of bravery and intent to educate the masses of naive investors that the world is a much bigger place for investment than just your home country of the USA or Australia. Most of this knowledge was very scarce to the average investor ( even the professional executive!) For that I commend his contribution in education.
Now his newsletter is honest in most cases. He has picked a few great winners recently such as rare earths ( lynas.ax). He has also picked some duds which have failed badly if you do not strictly follow his stop loss rule of 8%. ( I have lost 80% of my first investment!). He is currently concentrating on US stocks as he believes the Australian market is too difficult to pick winners and is so small. He is honest in warning people of his occasional “high speculative” recommendation and he provides alerts to sell out of the portfolio. However I am a bit suspicious how he always to manage pick the stock at near its bottom price after he recommends it, therefore inflating any possible gains.
I recommend this newsletter to Australian subscribers mainly as well a US based ones for the quick and easy education on the state of the market and his constant buy and sell alerts on his recommendations. Not all his recommendations are winners and his stated return is quite high which is a little dubious.
I agree with much of Choco says, except Lance was not the accountant for Chris Skase, he was actually the accountant for the trustee who was searching for Skase’s assets (this fact is in his books) and was most scathing of Skase, but that’s not relevant. His newsletter is excellent and his returns in my mind do add up to what he says, as I have achieved similar returns by following his advice, but you must do exactly as he says and place stop losses on your positions. The weekly commentary is worth the price alone. I am also an investor in his fund, and despite what another reveiwer has said, as at mid February (read the latest update at his tridentinvestment.com.au site) is outperforming the market by a wide margin and inline with his newsletter after a rather poor start in 2011, which I’m told by a Trident staffer was when he was hospitalised for some months in early 2011, so he can probably be excused for a mediocre performance on that basis. To sum up, can the man pick great stocks? Yes he certainly can and one day may be described as Australia’s Warren Buffett.
If you want to find the truth about Trident Confidential check out their Growth Fund result. It is -5% over 2 years. Refer to link:
http://www.amhonline.com.au/trident/
If you want to lose money and time join Trident Confidential.
Have been with the trident for many yrs, he is no frills, and makes sense every week, his political raves are worth the subscription.
Stock picks are fairly well researched, adhere to the stop lose rule. A good signal is only as good as your money management.
Lance is in bed with Jeffrey Worboys who was CEO at the failed Halifax Investment Services.
Lance used Halifax, so it looks like the funds invested through Trident have been whipped out as well.