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Randy47
Guest
Randy47
March 31, 2018 1:31 pm

Many systems ago it “is the last one you will ever need” and “you will always receive free updates”. However, they just create new systems and indicators with a brand new price tag, saying they all are entirely different and the last one being sold is the last you will ever need. They can market their wares on a level that up there with the best. Who needs to trade when you can repackage and resell. Over 20 years and still at it. “A fool and his money are soon parted” —like me.

mater45
Member
mater45
July 22, 2019 1:04 pm
Reply to  Randy47

Yes, indeed! Randy, I was suckered into their Spotlight option trading service and it is the worse trading I have ever seen. I now know why they offer a NO REFUND POLICY! You got them pegged correctly, they optimize a system and as soon as you sign up, it quits working so they just rinse and repeat. Buyer be warned! He are stats from last 36 trades–19 wins & 17 losses (mostly credit spreads) avg win $71 and avg loss $142 (ass backwards) for 1 contract and a LOSS of $1048 + comm. If you want to burn your money, go with any NetPicks Service.

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monty5235
Irregular
December 11, 2019 6:49 pm

I bought into their NASDAQ super stars service, must admit I liked the promo and felt comfortable with the video presentation , it wasn’t a high pitched sell just here is what we do and here is our results etc etc.
So USD 999 later i have access to the site. I started looking at the various sections of the site and noticed a downloadable xls file showing their 2019 performance list .
Interestingly its cut two ways i) if you had of invested in one option only of their recommendation and ii) if you had of invested $500 into each of their recommendations.
At the start of 2019 their win rate was very good with high percentage returns… as the year drew on two things happened i) their win rate rapidly decreased and the average return on each win plummeted.. almost reading into this desperation creeping in as their loss % per trade seemed to increase as well ,indicating bad option choice or holding it too long.
Basically out of 111 trades for 2019 29 are losers and the losers average loss is 62% while the winners is 43% loss. Average return across all their trades comes out at 13%… but remember from that is about 111 trades or so brokers fees depending on who are you with have to come out of that .

So not much better than a good ETF but allot more work and of course a $999 fee upfront

Refund was only available within 3 days of purchase so being within that period I contacted them and explained that this was different from what there promos portrayed and would like refund. Got an answer back overnight that hey were sorry about this and they would process the full refund….. haven’t seen it yet and will check CC statement towards XMAS time but can say I was disappointed at this as Im normally pretty skeptical about any of these services but something about these guys made me feel very comfortable to go ahead.
Interestingly if you looked at their March/ April 19 performance there were 17 recommended trades only 1 loser and average return 74% not bad….. contrast that to June/ July of which there were 27 trades and a average gain of 6% .

If you had if invested in one option only of each of their recommendations you would after 111 trades had invested close to 15K and made $890 which of course brokerage costs would have to be deducted from .

Would love to find an option guidance house that has a high success rate >80% and a average return of 50% or greater …will look for this later today however I’v e just seen a rainbow outside and Im off to follow it and get the pot of gold at its end.

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Jolene
Guest
Jolene
February 7, 2020 1:56 am
Reply to  monty5235

Hi Monty, did you manage to find a good option guidance house with a high success rate? I am looking for that too