heads up on Michael Levitts “Zenith Trading Circle”
by joned | September 23, 2016 2:52 pm
Michael Levitts’s ”contrarian trading” is presented very well but I am a novice and need direction on this one
Source URL: https://www.stockgumshoe.com/2016/09/microblog-heads-up-on-michael-levitts-zenith-trading-circle/
this is a tease for his “Zenith Trading Circle” I am interested in informed Gumshoe opinion on this.
I’m reading his offering now: Four of the five samples that he quotes – KTHUF, LDIG, RCPI, RUDN, CRDM – do not appear as resarchable symbols with Worden Bros’ TC-2000 quite extensive data base. These names may thus be delisted by their respective exchanges? No dates are provided for Lewiit’s examples, so it’s impossible also for this reason (for me) to check out his back-test claims, for any of his proffered exhibits.
Michael Lewitt has made good sense to me earlier, in his other writings. But this time I wish I had slightly more specific data on which to base a reasonable evaluation of his facinating claims..
Michael Levitt’s trading here with currently 15 comments: http://www.stockgumshoe.com/2016/09/microblog-micheal-lewitt/ Best2You ~ Ben
I signed up for this program in September – $2000. I decided to test it out with about $3000 in his spots. I’ve invested in options for nearly 12 years, so I’m not a newbie.
Made about a 50% return on one put, but am currently down over 82% on the six others. Buy recommendations usually arrive in my email 2-3 hours after the market opens which results in most option values already past suggested purchase price. Granted, the current puts I’m in have a couple months to close, but they will have to adjust like crazy just to get back to buy point. Not really impressed at this point and never hear back when I email the group. Proceed with caution.
Same situation here. Invested into 9 puts up yo now. Average down 80%.
Not made a penny yet. Not impressed up to now
Reluctantly I called Money Sucker Press and canceled my subscription to “Zenith” (FYI James Bower is a not my real name) I had high hopes for “The , Circle”. But for the “Trump Jump” I believe that Zenith would have been successful.
HOWEVER, with all the picks down 80-90% I am sure a lot of people jumped out just like I did. I did make money, Not enough to cover the 1950 but close. Michael made but one sell, VRX which did return a good profit. However, my play on TSLA did better. bought @ 4.95, and sold @ 8 plus.
Michaels program is a good one overall, but the first carbon trade on MTDR made up my mind. Bought MTDR @ .75, sold @ .15. Followed Michaels Carbon Trade instructions. Bought @ 1.10 and now (the last time I looked) @ .70. Therefore, I pulled the plug on The Zenith Circle.
i want cancel my account. How can i do?
Phan Tinh,
Go to the Money Map Press Website, click on “Customer Service” enter your “full name”, and “your email address” . Click on “Select a publication”, go to the bottom of the list and select “Zenith Trading Circle”. Select “Subscription Status” type in the following:
“Please cancel my subscription to the Zenith Trading Circle as of this date” (type in the date you are sending the email) It would be a good idea to take a screen shot (picture) of the the email.
Then send a Fax with the same information, make sure to print out a copy of the Fax and a copy of the Fax receipt (the time and date the fax was sent)
Fax. 1.410.622.3050
Toll-free: 1.888.384.8339
Intl: +1.443.353.4519
Fax: 1.410.622.3050
Then place a telephone call (+1.443.353.4519) and inform Customer Service that you wish to cancel the “Zenith Trading Circle” and receive the guaranteed refund.
Make sure to note the name of the person you talk to at Customer Service.
Good Luck
I am also down a lot i m going to post this all the way.
I paid for this program! Do not waste you money! IT IS SUCH A SHAM! And they are unresponsive!!!! I instantly lost over $100,000 of my clients money!
I have no one else to blame except myself. I will NEVER subscribe to ANY of Money Map Press stock pick services AGAIN. I’m down approx 40% and that’s only after I took the initiative to exit trades without any notice or alerts by Zenith. Others lost more because they rode the loss down to zero or expiration worthless. 10 out of 14 losses. That would have been worse, but again, some losing positions I exited early before taking a full loss. Lewitt is nothing more than a blowhard and tries to impress by talking anti-establishment in order to gain your trust. (FYI, I have no faith in the establishment but I don’t have an agenda or bogus marketing plan to highlight Zenith by purporting things that you want to hear in order to gain your trust. Again, I have only to blame myself. I was relying too much on that dangerous Hopium drug. A message to novice traders. There is NEVER a free lunch with these services that send out emails with the next winner. Don’t even consider other services such as D.R. Barton, Tom Gentile, and Keith Fitzgerald, to name a few. They are ALL phonies!!!!
Derek How long have you been trading?
selina
Wanting to know from experienced traders here if there is a place that I can
get advise on Michael Levitts stock recommendations on failing businesses
before making my mind up to join his trading
Hello everyone, I would like to ask if some of the posters who have shared about Zenith would be kind enough to answer one question? Does Michael recommend way OTM (Out of The Money) puts options as part of the trade plan? Could this be part of the problem that posters have shared? The trades may have worked except that the far out of the money options did not have enough time to work and expired worthless? Those who trade options know well that very cheap OTM option very often expire with no profit. If you purchase ITM (In The Money) options with a lot of time value, you have a much better chance of realising a profit but we also understand the stellar returns shown by these “trading experts” will be much lower due to the higher initial investment. OK, fire away, I will greatly appreciate all further comments on the Zenith trading service.
You guys should see my youtube page. Guy Launiere., It’s free and I am up 9 0n 9 for now.
your youtube page is blank Guy Launiere?
One should be wary of all such claims but I really need to warn you sbout the hopeless Lewitt.this man’s ablities judgement is as bad ad is possible so he just LIES.
He say tesla is a dog, it goes UP ovrr 50% most of his pieces of shit were oil you know how that recovered!the one ECA i believed was tipped as a buy by many and duly rocketed. For months he say the markets will crash, yes record highs daily.ALL his subscribers of big $ now broke but he continues to just LIE about how his tips have gone.
Do not consider, just delete anything from him znd you will be happier. Also, pass it on.
I’m guessing ( just guessing) but are the people posting on this page people that work for MMP—secretly trying to dissuade the users of Stock Gumshoe to NOT subscribe to Zenith? I would think they would do this because they don’t want users of this service also using their system. I just think differently I guess.