D R Barton Dark Edge / dark pool trades – new service 2020Any feedback on this? Sounds like option trades culled from large ”dark pool” trades, daily.
Seems plausible to me but hey… it’s Money Map Press
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.
got a link to see what it is referencing?
Here is a link to the presentation to “Take Back Your Wealth:” I caught the very beginning, but since none of these things has made me rich enough to quit my job i miss most of it. would love to know what any of you thinks about it though. .
Dark Pools
https://pro.moneymappressinfo.com/p/BFWDKEHL/EBFWW433/?listName=BFWHOT&customerNumber=000122683704&campaignId=d5f63009-7ff0-4b5a-b2c3-8778d129b2b8&r=eml&experimentId=91e02576-59b5-41e3-8292-61975500f618&vid=VdDuwT&bsft_clkid=e2807083-2fee-4ccd-8fb9-4c42a2ae5f1c&bsft_uid=b2e95f7b-48e5-4a00-9dc7-28a13e9ee4d3&bsft_mid=fe324193-20d7-4125-a22b-429452c3728c&bsft_eid=91e02576-59b5-41e3-8292-61975500f618&bsft_utid=b2e95f7b-48e5-4a00-9dc7-28a13e9ee4d3-BFWHOT&bsft_link_id=242&bsft_mime_type=html&bsft_ek=2020-04-30T12%3A01%3A45Z&h=true
I watched the entire pitch and am intrigued. First of all, are there actual dark pool trades that take several days to process openly? If so, and IF someone can actually see these private exchanges in real time, then it makes sense that it’s valuable info. The institutional money will bump the stock and spur piggy-back buys when it goes public. His algorithm claims to select the hottest sectors with stocks that have the most dark pool money ahead of the expected bump. Price is $1,950 per year with actual money back guarantee, not just another year’s credit. Still pricey. Also it’s not exactly clear if the results are based strictly on data-mining or his actual picks. His beta mode supposedly had real clients since last October 24. And yes, these are option plays.
He’ll I’ll try it just put it on amex and if don’t make any money dispute they’ll take it off I just did that with marques booker I fell for his 1497 deal and she sent one text at midnight on Sunday 88 strike with a 8 put and 5 call which I had no earthly idea how that stuff works I tried to call them left messages just went ahead called amex over and done. I’m new do all this but all the stuff I’ve been watching seems like there either 49.95 or over a 1000 he’ll if you could make your money back first week like there saying not a big deal he’ll if give half commission of every trade if you were making what he says . Did you sign up for it
lancew,
The presentation claims a conditional guarantee of at least 1359% from a year’s subscription. But the order form states at the bottom that it is a non-refundable offer. So caveat emptor!
Andrew Lee, exactly, I just submitted a question to them via their form submission on the website https://darkedgeproject.com/contact-us/
Here’s the question I sent:
My inquiry is on the Dark Edge Project, specifically the guarantee promoted in the sales page. QUOTE: “If my track record hasn’t built up to 1,359% total gains (including losses).
Your membership dues will be returned to you. It’s that simple.”
This guarantee seems to be directed to D.R. Barton, Jr. and his service as a whole vs. to the subscriber’s results, is that correct ?
Also, at the bottom of the sign up form you see this: ““Billing Terms and Refund Policy: …………… This is a non-refundable offer””
So, which is it ? is the refund guarantee a good guarantee or not ?
Thank You
Did you get a response?
Ask if those gains promised are “cumulative gains”… a BS marketing term that presupposes that you put the identical lot of $10k into each trade, even though you have several positions at 10k ea. open at the same time. (Arithmetically limits your principal at risk to $x and adds all gains up to y%, whereas your actual principal at risk was $x times 2,5,7, 10 or 12 (or more.) If you have 3 trades at 10k each gaining 5%, you’d have average gains of 5%. In newsletter lingo, that would be “cumulative gains of 15%!!!!” — a 200% distortion of actual results.
Mike S.- Please let us know when/if you get a response to this question, and what they say. Thanks.
you know, If I was D.R Barton Jnr and I had discovered this ground breaking tactic I would advertise it but offer to prove it and ask each person reading the ad to send an email and I would send instructions on two deals but up the subscription to 5K per annum… wonder why they don’t offer to beta test with one what they are pushing.. rhetorical question by the way …. just as equally and more likely would be if I was J.R Barton and I had discovered this ground breaking tactic I would probably tell a few good friends but not worry about doing a 1 hourr bore show and be associated with the rest of the Money Map Press riff riff , live in Florida keys , make one or two sure fire trades per month and fish and dive the rest of the time..give my hammock a slight push will you love …
Or simply do a monthly subscription instead of asking people to pony up the whole year’s subscription up front. The fact that these so called gurus don’t offer a monthly subscription tells me they are not confident they can produce the what they claim their system does.
Lance Ippolito from has an options service that he claims is based on “Unusual Option activity” that indicates what “smart money” is buying for $2000 per year. After several emails and refusing to pony up that kinda money they sent me a quarterly subscription for $500 so I decided to try it out. So far this month all 5 weekly options trade have been a 100% loss! Needless to say I’ll be cancelling lol. And here’s the thing, I’m a savvy technical trader so even with his alerts I use technical analysis for my entry and in each of his alerts I got a much better entry an average of 30-40 cents lower than his entry and still lost 100% on all the trades!
I just listened to his Infomercial about his Stock trading Blitz and knew to check for scam complaints. The profits he claims are ridiculous.
There are screeners that you can pay a monthly fee and get this info. FlowAlgo (http://flowalgo.com) is an example of one. I would not pay any guru to feed me this info as he or she is probably front running the info.
Thanks OSUfball, this site sheds all kinds of light on the dark edge project, Ok, because you don’t know how to drive I’ll drive you around for 2,000.00 annually. No thanks, I’ll drive myself
I actually found a free site called aidedtrade (https://www.aidedtrade.io). Just click the “X” on the subscribe now popup that appears. 100% free and no registration or free trial nonsense.
Hey, I actually run Aided Trade. We have access to pretty much all kinds of market data via our backend institutional work. Please let me know if there’s something else we can build to help. Had no idea there were companies charging for this type of data .
I joined this service 10 days ago, and so far every option trade but one that has been suggested is losing. So, the pitch claims a conditional guarantee of at least 1359% from a year’s subscription (this was based on beta testing from Oct 2019 through Feb 2020) however, the order form states at the bottom that it is a non-refundable offer. I will give it a chance, but right now am feeling buyers remorse.
Thank’s for the input Denise, sorry to hear buyers remorse 🙁 hopefully thing will pick up for you but it sure would help everyone else if you could keep posting updates. Have you been doing just the 3 trades a week or has it been more ?
Denise look at what Money Map Press is reporting for their first two trades:
100% in seven days and 124% in just 22 hours.
I subscribe to a few of their services I was thinking about starting a Money Map Subscribers site so we could share the information and recommendations they provide?. Do you have any thoughts?
I wasn’t there for first two trades in Dark Edge. So, I cannot comment on that. jedwards92886, I’m not sure if you can share that information without violationg some SEC rules.
This was a comment in the trading room this morning.
10:43 AM: I am down $5,000 approx on six trades of DR,s
Hard to imagine why the SEC would object to people getting together to share their ideas. The Money Map people might not like having their ideas shared, but that’s another matter. There should be more discussion here of people getting together to share their investment ideas!
I have been a member of the Dark Edge Project for a month now. Of the 12 trades that I have entered in, 3 have been 100% winners. However, the winning amount is not enough to cover the losses. When I first joined, we did not enter our trades with stop losses. As of yesterday, we now use stop losses. Right now to me, it does not seem that the Dark Pool Data has shown any more winning trades than good technical and fundamental analysis could achieve.
For week ending 6/5/20, there were four 100% winning trades. However, there were three, 98-99% losing trades as well. I was not able to get in on the winning trades because I had my money tied up in the losing trades. We held these waaaay too long. Besides the stock moving against us, the time decay of the options chewed away at the price also. I used my $1200 stimulus money for this, and set that as the limit of what I would use. You need to have more money than that in order to do all these trades, which is about 10-12 open at one time. I still have a couple of trades open, waiting to see if The Dark Edge advantage is going to make me any money.
Trading strategy has changed on DarkEdge. To minimize losses, we are now following this guideline. Sell-to-Close your contracts at 9:45am the morning after the first close at 50% below your entry price. Also, other analysis besides Dark Pool trades are being used to determine trades. The explanation is that any strategy has to be modified to fit the market conditions. This is true, but this is not what was advertised in the sales pitch.
It has been 4 months now since I joined Dark Edge Project. The trades have gotten better in terms of we are getting more winners than losers now. We are taking profits at 50% gains, and for those who have multiple option contracts, they can remain in the trade longer to try to get 100% profits. Some of the trades are greater than 100% gains. The instructions for losing trades is to get out at 50% loss by 10:45 AM, unless you get specific instructions to get out earlier, which we do often so that our losses are minimized. I am still in the red because I lost more than half my portfolio balance in the very beginning , and the gains I’ve had have not recovered those losses yet. This has a lot to do with the size of my portfolio, which is small. I cannot get into a lot of the winning trades because i do not have the money to do so. You need several thousand dollars to start with to do this successfully. DR Barton is very responsive to our questions, and seems to be a genuinely nice person, and not a huckster you see in so many of Money Map Press programs. For me, I am using a lot of our sessions as learning sessions, as DR goes over a lot of information for us to understand things better.
A DARK EDGE PROJECT UPDATE
The page you are attempting to access, DarkEdgeProject.com, is no longer available.
Effective December 17, 2020 the Dark Edge Project service has closed.
For more details, please consult the email sent on Tuesday, December 15.
You can also feel free to reach out to our customer service team with any questions you may have. You can find our contact info here.
We apologize for any inconvenience.
Sincerely,
The Money Map Press Team
This is what was posted on their site when I tried to log in to The Dark Edge Project this morning. I looked back over my emails and found an email from them. It turns out D.R. Barton decided to take his years of knowledge and help the less fortunate people who have been affected by Covid-19. They automatically enrolled us instead into The 1450 Club and extended our subscription for 6 months. This is not what I wanted, so I requested the rest of my subscription price be refunded to me, which they honored.
I know everyone wants to know, did I make money. Some people in the programs said that they made a lot of money this year using the program, and others like me, have a different outcome. I broke even, but I did learn a lot. As I have posted earlier, you needed to have a sizable portfolio to have made a lot of money. Those people were able to buy several contracts at a time, so that their wins could earn them a lot more money. So they could sell a few contracts at different price levels . I could only do one contract each time, so what I made was often lost in one of the following trades. I do not feel that D.R. Barton was a scam artist. I think his beta test did so well because the market was more predictable prior to the pandemic, and that is why it claimed such high returns. Sometimes what the dark pool data indicated seemed already “baked into” the stock. Do I still have buyers remorse? Not really, I learned A LOT and still came out even. That being said, I am done with Money Map Press programs!!!