Jim Rickards Impact system

By jussmokey, October 26, 2015

It looks like currency trading to me but has anyone tried and been successful with his system.?

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jmark1845Anita FazioRobert EstesTravis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe
Admin
👍12309

Hi smokey, I haven’t looked into that one personally but our readers have had a great discussion of it over the last few months — you can see that here: http://www.stockgumshoe.com/2015/05/microblog-jim-rickards-impact-system/

Robert Estes
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Robert Estes

I paid for it, and cancelled within 4 hours. Here’s why and what it is: It’s a ‘super-secret’ trading program buying calls and selling puts on any currency that is trying to affect another currency: currency wars he calls it. The reason I quit so soon is that I looked at their current portfolio and it’s down over 200%. this past Friday. They explained to me that these are long term trades. I looked at their recent closed trades, and the loss was almost identical. And majority are 3-4 month trades. I have thrown in the towel on Agora Publishing… Read more »

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Anita Fazio
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Anita Fazio

Thanks for the input. There are so many newsletters and it is almost impossible to decipher what their intentions are other than to make money for themselves.
Glad I belong to Stock Gumshoe.

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jmark1845
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Amen to that. I am a subscriber to some of the conservative newsletters and I get bombarded with the other junk on a daily basis. If something catches my eye, I look it up on Gumshoe for the nitty gritty on the new offering and my urge just goes away. Poof! Logic wins over emotion every time.
Thanks Travis