written by reader Slingshot Trader subscription at InvestorPlace Media

By maxzel77, April 25, 2015

Anyone got any word About Slingshot Trader Offered by Editors, Wade Hansen and John Jagerson?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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mg27trader
Guest
mg27trader
April 29, 2015 11:08 am

STAY AWAY!
your money is not refundable of course, because once you get access you’ll find out that their closed portfolio for 2014 is a whopping negative 1004%, and for this year (as of 5/27/15) is down 97%!!!
Customer service is handled by a third party (investors place) and they won’t refund your money or give you service.
By the way, the education they say its included in the service is worth nothing. You can find much better options training on youtube.
STAY AWAY

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modernrock
Irregular
May 1, 2015 12:50 pm

That particular newsletter is substandard, BUT investorsplace is just fine with refunds. I have never had an issue and subscribe to several Newsletters under their umbrella. Never Ever had a problem, instant refunds as long as you stick to terms. Navellier and Hillary Kramer are both very good out of Investorsplace, most of the others are worth a look on a trial basis.

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Mike
Guest
Mike
May 29, 2015 11:38 am

I tried Slingshot. Lost roughly $15,000 within two months. It’s all about buying puts on Index Options. The guy who runs it will continue to buy the same put, time after time, even if the trade is losing money. He keeps hoping that things will turn around. And that’s the basis for his “system” – HOPE. Crikey!!! A blind monkey could produce better results.

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JohnK
Guest
JohnK
July 14, 2016 3:57 pm

Guess maybe I should have read the comments before subscribing to Slingshot Trader. As mentioned, this is just one of a multitude of newsletters offered by Investorplace Media. I paper traded their recommendations for a month and, as a member, I was able to download a spreadsheet of all of their past results. So far in 2016 46% of their recommendations were winners and 54% were losers. The average gain was $77 while the average loss was $83. Given this relatively poor performance, I’d say it would pretty difficult to make any money much less justify the $39/month subscription fee. I also had a bit of trouble cancelling my subscription. I initially sent in my request to cancel via the ‘contact us’ page on their website. I had to call their customer service number a couple of days later because they never replied. They claimed they never received my request and tried to bill me for another month of service. After a bit of go-round on the phone I was finally able to convince them to cancel my subscription and issue a refund.

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WILLIAM
Guest
August 15, 2016 8:34 am

It seems to be that just about every Company out there that is offering excellent recommendations is totally useless as its either a SCAM or their predictions are all practically losers.

Has anyone come across a reliable service that gives genuine results ?

Thanks

Option learner
Guest
October 12, 2016 4:31 pm

Try Trader Travis. option profit formula. I’m a student, learning and paper trading. So far i’m break even or maybe with a slight gain for simple put and calls. Trader Travis has shared many good points. The most important is that creating wealth takes time and it’s about not losing money. He trains you on your mindset and student successes are his key concerns.

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