Recommends options spread trades, one per month.
34 Comments on "Wicked Profits"
I meant to give them all 1 star as I lost 20% in 2 months!! For some reason the stars were improperly coded on my last post.
I have no idea whether or not Kim is “with” Wicked Profits and have no particular knowledge of that service, but the same person (as far as we can tell) and ip address has reviewed a half dozen other newsletters, both good and bad, and didn’t raise suspicion with our monitoring system.
I appreciate your post and respect your control process. It just seemed odd to me the flow of her notes since the beginning of the chain for a person with no vested interest. That is all.
Thank you for clearing up one of the points above and thank you for letting the reviewers post their thoughts openly.
I agree with your comments on Wicked Profits. I’ve only been a member for 3 cycles, so this months lost was kick in the gut. Nevertheless to demand that a service never have a loss is unresonable. Their overall record is still stellular and their support is top notch
I must say though I am interested in larger returns so the losses can be made up quicker.
I’m curious if your still using a service to get the >10% returns you mentioned. Any advice on another serivce to look into.
Although I no longer subscribe to Wicked Profits after the February debacle, I know others who have. Since then “Brandon” has had multiple winning trades, but his credit spreads for these trades are tiny — like 30 cents. Given the poor risk/reward ratio of his bull and bear put/call spreads, beware small-time investor — you can lose 20 to 50% of your capital if the trade goes bad! You’ll also need a cast iron stomach to endure some of the drawdowns he’s had on his last few trades.
I have subscribed for about 2 years, and find that they deliver as advertised. Their reported performance is true and fantastic.
The reason for my leaving was the low reward to risk ratio. The only thing I can ask is that Brandon provide more info and impact of drawdown…
Looks like they took a nasty hit in July and lost over 50%! No trade results on the site since then and the latest comment refers to an October cycle that hasn’t expired yet.
Someone said that they’ve evolved nicely over the years… looks like from a 5% gain to a 50% loss. Not the type of evolution I’m looking for.
For those of you that put them on a pedestal, are they still doing business? Are you still trading with them?
From what I heard this site and its service will be shut down for good at the end of the year.