Curious if anyone has tested this?
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Altucher’s algorithm to find glitches profitable stock option trades every 7 days
By Octavio, April 15, 2020
Anybody tried this service? Is it worth it?
Anyone tried this service? Is it worth it?
Hi! I tried the system religiously for 3 months. 1. by the time the alert arrived, it took for ever to log in, system was busy, and the suggested entry price was very different, even one day we found that the option had never been at that price. 2. the final balance was negative $300 usd , i did not even paid for the service price . I do not recommend.
Hi, James Altucher seems so genuine, and I feel I can trust him, so I am dissapointed to learn that this 7 day glitch does not work. is it a scam? what did they say to you about the shortfalls?
Stocks often have a ‘glitch’ in price. Whether it’s for 7 days I can’t say. What I do know is that many stock options are not nearly so liquid as their underlying stock, often do not truly reflect the current stock price, and come with a spread that is difficult to overcome.
I’m not saying one can’t profit from options, but my guess is that most option buyers lose for the above mentioned reasons.
Plus if all the subscribers try to make a recommended trade at the same time, it is hard to get in at the recommended price.