Become a Member

Predictive Financial Services

Overall Rating

Rating: 2.5/5. From 33 votes.
Please wait...
2.5
Rating from 142 votes
If youā€™ve subscribed to Predictive Financial Services, please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.

Investment Performance

Rating from 46 votes
Rating: 2.6/5. From 46 votes.
Please wait...
Your vote

Quality Of Writing/Analysis

Rating from 31 votes
Rating: 2.6/5. From 31 votes.
Please wait...
Your vote

Value For Price

Rating from 32 votes
Rating: 2.3/5. From 32 votes.
Please wait...
Your vote

Customer Service

Rating from 33 votes
Rating: 2.5/5. From 33 votes.
Please wait...
Your vote
guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

136 Comments
Inline Feedbacks
View all comments
rfolgate
Member
rfolgate
August 22, 2018 8:26 am

I am currently testing Predictive out I use global autotrading with Interactive Brokers where I am on Globals fee rates. I pay like 35 cents a trade. So far my results mirror Predictives published results. I got in around Aug 1st and they had a bad week and had a loss for the first week of August. That is ok as there are losses occasionally. So far I am at breakeven maybe slightly ahead. On August 31 I will evaluate Predictive and see if it is worth continuing with them. I only set my Global web page to trade 1 contract to see how it went. If they have a nice gain for August I will increase my contracts to 2. I will evaluate every week and increase my contracts until I get to 10 which is what they trade. I have emailed them with suggestions and a nice women Kristen always replies. I told them they have had doubles but they would sell too soon as the position kept climbing. I suggested they let the position run and they could have triples or quadruples.

Add a Topic
372
šŸ‘ 57
Jeff Abrams
Member
Jeff Abrams
August 22, 2018 8:54 am
Reply to  rfolgate

In my 4th month with PFS.
I like them but be careful.
My personal best results come from thinking about their trades before I jump in, and then pick the ones I’m comfortable with.
I am on the computer almost all day which works for this style of trading for my risk tolerance.
I have made some good profits, and taken some hits too!
Overall I’m ahead and pleased with these folks.
I have watched their trades after I closeout mine, and in general, they beat me pretty good on a weekly basis.
I never let a bad trade become 100% loss like they currently do (they have indicated this will be revised soon).
In the 4 months I’ve been watching, they post everything they do, and without exaggeration.
This is fast moving stuff, and you can get your butt kicked quickly and violently if not careful.
Me being an impatient type trader, it’s not unusual for me to be in and out within an hour on many trades.
I make less that way, but have almost consistently done OK, and I probably sleep better at night.
Overall, this is some wild stuff that I find can work, but you need to be careful and a big account doesn’t hurt either.

rfolgate
Member
rfolgate
August 23, 2018 10:25 am
Reply to  Jeff Abrams

I am on autotrade with Global Autotrade and I found I get Global Auto tradings commission fees which are very low. I am now 3K plus over my initial investment on one contract per trade If all of you traders who are pleased with Predictive will email them and encourage them to get out of losing trades before they expire worthless., they might do it .Also to let a trade run higher if it is doing so. This would increase their profits and make there clients a lot happier. I emailed them the other day about letting the winners run higher and they said they were working on it.

I could make more money manually trading Predictive’s picks but I cant glue myself to my computer anymore.

šŸ‘ 57
Julie
Guest
Julie
August 26, 2018 10:40 pm
Reply to  rfolgate

I agree with your comments wholeheartedly. Some days I can be glued to the computer, some not. When a trade fills, I IMMEDIATELY place a sell order. This one thing has made me more money than any other ā€˜trickā€™. Last week I had tsla puts that sold at the open and doubled my $. Shortly after that, the same put drifted to zero. Had I not had the sell order in place, I may have only broke even or lost $.
With PFS, I use sell orders that way, but if I can monitor a fast moving stock, I will suspend my sell and let the winning trade run.
Overall Iā€™m happy with PFS. I donā€™t trade all their recommendations, which sometimes is good, but sometimes I may miss a double. Would help if I knew their criteria behind the trades. Iā€™m big on TA, so if I donā€™t like the chart I wonā€™t make the trade. I also donā€™t allocate an equal number of contracts, but rather an equal (+/-) dollar amount to each trade, typically $2k. Overall Iā€™m up 47% on what Iā€™ve used of their trades in less than 3 months, so Iā€™m happy. I also trade high profile stuff they seem to miss, like nflx and tsla which have both moved a lot recently.

Add a Topic
5971
rfolgate
Member
rfolgate
October 13, 2018 1:22 pm
Reply to  Julie

I autotrade with PF and it went OK until the market for Tech stocks got.bad. I made money for awhile but then I lost. I remembered what you do with PF and so I cancelled out of Global Auto trade and I am trading with my old broker Think or Swim. I am Demoing at first and last week I made 37k.They made 60K. They get out too soon in some cases and they let too many trades go 100% loss at expiration.
I am going to demo a little longer to see how I can do even better than them as some of their trades triple and quadruple. Your right you have to watch cnbc on TV and do guick research on each of their picks to see if their picks will be successful.
Likw other people on this board I’d love to talk to you about how you spread their picks. I never could master spreads although I know how to do them.

DON’T AUTOTRADE PF AND YOU BETTER UNDERSTAND SINGLE OPTIONS BEFORE YOU DO THEIR PICKS.

AFTER HAVING 3 MONTHS EXPERIANCE NOW with their licks I am planning to make big money with them. Their system of licking is excellent. You just have to. monitor the tech market to see if the market is going the way of their picka

Add a Topic
4227
Add a Topic
4227
Add a Topic
4227
šŸ‘ 57
johndavis9800
johndavis9800
June 26, 2022 6:06 pm
Reply to  rfolgate

Starting with Global this week and would love to hear how things panned out with you since 2018.

Jeff Abrams
Member
Jeff Abrams
August 23, 2018 10:38 am

Made 48% ($2,700+) on Tuesday (August 21st) from the 3 overnight trades, and I closed out early because of a Doctor Appt..
Bought the 2 trades last night (Wed. Aug. 22nd) with about $6,700 invetsed on the table right now (Thur. Morning Aug. 23rd), and right now I’m $2,200 ahead on these trades, if I close out now.
Still have more potential so I will wait.

The folks on here bad mouthing PFS for “Lying” about their trades and so on are just wrong, based on my 4 months of experience.

This is fast moving and quick trading stuff.
If you can’t hack it, don’t play.

Good luck everyone, however you decide to go through life.

Jeff

rfolgate
Member
rfolgate
August 23, 2018 10:47 am
Reply to  Jeff Abrams

i Have been making good money auto-trading with them and I watch very carefully all of their trades. I’ve got some big money coming in, in the next 3 months and I am thinking of switching to manually trading. These guys had positions that quadrupled. With 10 contracts you are talking about some serious money being made. There system gets out after 100% profit but if they had stayed they would have made a fourfold gain. Exciting stuff

Julie
Guest
Julie
August 26, 2018 11:00 pm
Reply to  rfolgate

Agree with both of you, PFS appears to be nothing if not 110% honest about the trades they make. It is fast moving, and despite my initial apprehension about something that seems ā€˜too good to be trueā€™, overall Iā€™m impressed. Profits donā€™t lie, and the $20k test account I set up to try their service is at $28k in less than 3 months, including commissions. Taxes will eat up $3k of that, so realistically Iā€™m at $25k. It bad for a few hours a week tracking trades. Easily $150+ per hour for something I love doing anyway! Continued success to all of us.

Julie
Guest
Julie
August 26, 2018 11:04 pm
Reply to  Julie

Should read ā€˜NOT bad for a few hours a week…ā€™. (Canā€™t figure out how to edit a post).

rfolgate
Member
rfolgate
August 27, 2018 9:30 am
Reply to  Julie

Excellent post Julie. Your correct,PFS doesn’t set stops and they set a profit limit of 100%.They could let positions run for quadruple profits which happened last week. On auto-trading I noticed after their order is filled they put in a limit sell order like you do manually.

When i get more time i might auto-trade their signals. I think I can shut off the Global auto-trading and just trade on their email signals. That way if I am not on my computer I can just put it on auto pilot. It bothers me that i am missing triples and quadruples but I have to be glued to my computer to do that. Like you said its stressful as the position could switch quickly to a loss.

PFS follows a strict trading model which works for them. I wrote them about changing the model to allow for stops and letting positions run and Kirsten replied they are working on it. Their model takes human emotions out of trading. I have to admit after 20 years of trading I have a difficult time taking human emotions out of my trading. That is why I like autotrading.

If i decide to manually trade PFS the way Global works I will have to open up a separate account with Interactive brokers which is easy to do.

šŸ‘ 57
xraiderfan
September 21, 2018 5:02 am
Reply to  Julie

With you, Julie. You need to be thoughtful about how you use this service. After a few 100% losses, I now place stops on all of their trades. Still making very good money on their recommendations and will renew for a year next month.

šŸ‘ 15
jnksak
September 21, 2018 11:10 am
Reply to  xraiderfan

This was a very hard week for them. Seems like they go in spurts.

šŸ‘ 2
rfolgate
Member
rfolgate
September 21, 2018 2:58 pm
Reply to  jnksak

Yep I lost last week on auto-trade but the nature of single weekly options is that there are draw-downs but for the long term you make money.No single option newsletters have a 100% win rate. The stock-market is to blame not PS. Since i am on auto-trade i will see how much I make over a 3 month period and ignore the weekly gains and losses.

Add a Topic
570
šŸ‘ 57
Julie
Guest
Julie
September 24, 2018 5:03 pm
Reply to  rfolgate

I did not have a good feeling about any of their trades except ntes, and even that one is losing. They bought at $5, I bought at $3.5, and have been selling calls against my position, which is down 50% but almost break even due to the spreads. I did not take on any other of the trades, all of which were bad (puts when prices are rising). I actually emailed them a couple weeks ago about an amzn position, pointing out that there was high OI in the opposite direction. My trade worked, theirs was 100% loss, and the next day they recommended an opposite trade. They never did reply to my email! Lol
Sometimes their picks confuse me, it really pays to do your own dd.

Add a Topic
34
Add a Topic
3601
rfolgate
Member
rfolgate
January 7, 2019 10:10 am
Reply to  Julie

Since July 2018 I have been trying to figure out PFS. I just made 7500 paper-trading on a AMZN call option for the 11th. On my TOS papertrading account, I just activated realtime option trading on my real money TOS brokerage account.

The only time PFS does good is when the sector they trade does good and is stable. I figured out the only consistent stock they tradeis AMZN. I trade the lowest option chain which today was the 11th 4 days until expiration. This works out well and I have made a lot of money paper trading. Single options are extremely volatile and can switch direction at any time. I got out today at 7500 dollars. I take my profit and run. Is probably going higher but who knows in this market.

I’m going to start real money trading when I determine that the big money traders are back from vacation and the market volume is normal again. One should be careful during holidays times.

Add a Topic
34
Add a Topic
570
šŸ‘ 57
Julie
Guest
Julie
January 7, 2019 12:31 pm
Reply to  rfolgate

What amzn call option did PFS recommend? Iā€™ve only seen puts last 2 weeks. Or was this your own pick? And if so, I assume was an otm by quite a bit? When it gapped up on the open I grabbed some 1650 calls and sold less than 2 hrs later for a nice profit.
As you say, amzn isnā€™t a trade you can put on autopilot.
What baffles me with PFS is we have been clearly getting a bounce (will be a bear flag imo) after a dive, but all their picks the last 2 weeks were puts. Not sure what their system is, that ignores the obvious.

Add a Topic
34
Randall L Folgate
Guest
Randall L Folgate
January 7, 2019 2:19 pm
Reply to  Julie

PFS uses some kind of computer generated picks. I’ve been following them for 8 months now and I am a subscriber. I lost money autotrading with them as before 2008 I made alot of money autotrading. I found out autotrading doesn’t work anymore. So I have boned up on my manual trading skills, I have 20 years experiance with online trading. So I am trading manually 3 stocks that PFS trades AMZN, GOOG AND BKNG. in the morning I evaluate on Yahoo Finance if these stocks show any decent move t one way or the other and then when the market opens I wait a few minutes to see if I can get a good price a d if I can I buy it.
One time PFS got it right on a morning pick but another time they lost. It is apparent they don’t use any method to pick options other than relying on a computer program. You are better off like Julie said and make your own evaluation on when to get involved with options.

There are several posters on here including me who lost doing PFS picks. By autotrading which mirrors their picks accurately I still lost.

Also they don’t report losing weeks which is not right. They should reportike one poster pointed out that they are 54% accurate. This is ok but PFS options are expensive and a trader must have a large account and have the kahunas to put up with large drawdowns before you make profits. With PFS you eventually make money over a year but you lose alot in between. They don’t point this out.

Add a Topic
34
Add a Topic
5168
Add a Topic
1489
Dpar
Guest
Dpar
January 6, 2019 9:38 pm
Reply to  rfolgate

Please let us know the 3 month outcome.

rfolgate
Member
rfolgate
February 20, 2019 6:51 pm
Reply to  jnksak

The spurts are when FANG stocks do good

šŸ‘ 57
rfolgate
Member
rfolgate
February 20, 2019 6:05 pm
Reply to  Julie

If they do good they tell the truth. If they lose they lie. I’ve learned about trading AMZN my way not theirs.

Add a Topic
34
šŸ‘ 57
Pat allen
Guest
Pat allen
September 11, 2018 11:57 am

I think they went out of business. They havenā€™t answered the phones in two days.

rfolgate
Member
rfolgate
September 11, 2018 1:04 pm
Reply to  Pat allen

You need to email them. They don’t answer the phone during trading hours. They just put a limit trade on my IBKR brokerage account for TSLA so they are in business.

šŸ‘ 57
xraiderfan
October 4, 2018 9:30 am
Reply to  Pat allen

I still get emails from them three or four times a day. They haven’t gone out of business. Just got one I’m about to look at. Placed two yesterday afternoon.

In fact, the two trades I made yesterday are nicely up, and the two they recommended this morning were priced out before I could get into them… at the open.

This is the best service I’ve tried and I will be renewing.

šŸ‘ 15
rfolgate
Member
rfolgate
February 20, 2019 5:56 pm
Reply to  Pat allen

They should go out of business. The liers

šŸ‘ 57
Giorgio
Guest
Giorgio
December 8, 2018 9:56 am

Julie

What are yours gains for this year ?

sandhillguy
sandhillguy
January 3, 2019 9:02 am

I analyzed their reported 4th qtr trades. To summarize:
Gains Losses Total
Count 49 23 72
Sum 26.4 (18) 8.4
Prob 68% 32%
Avg 54% -78% 12%
Kelly 22%

So 68% of the 72 trades were profitable, with gains averaging 54% and losses 78%, with 12% overall

The Kelly Criterion suggests investing at most 22% of the portfolio in any trade.

Overall, despite the many disparaging comments in this forum, the performance seems danged good for holding periods of less than 2 weeks. I’m going to give it a try.

šŸ‘ 2
rfolgate
Member
rfolgate
January 3, 2019 10:12 am
Reply to  sandhillguy

If you trade like Julie does with PFS you can make money. Just make sure the FANG stocks they trade are doing good. I am trading their AMZN picks the morning ones, they do the best

Add a Topic
34
šŸ‘ 57
David Bistritz
Guest
February 20, 2019 12:38 pm
Reply to  sandhillguy

this is the info from their marketing emails. is this a fraud of stats compared to your findings ?

ALL Last Week Results*,
(February 11 – February 16)

* last week, we had no losses. If you’d bought & sold ten (10) Contracts
for each Position as below, you’d have banked $2,580.00 Gain. ā€‹ā€‹ā€‹ā€‹
* last week, we had no losses. If you’d bought & sold one (1) Contract
for each Position as below, you’d have banked $258.00 Gain. ā€‹ā€‹ā€‹ā€‹

BKNG 1920 Call, bought for $25.00, sold for $25.00, 0% GAIN
CMG 600 Call, bought for $9.00, sold for $11.00, 22% GAIN
MU 42 Call, bought for $0.92, sold for $1.50, 63% GAIN

ALL Prior Week Results*,
(February 4 – February 9)

* in the prior week, if you’d bought & sold ten (10) Contracts
for each Position as below, you’d have banked $17,330.00 Gain. ā€‹ā€‹ā€‹ā€‹
* in the prior week, if you’d bought & sold one (1) Contract
for each Position as below, you’d have banked $1,733.00 Gain. ā€‹ā€‹ā€‹ā€‹

ā€‹BABA 165 Put, bought for $2.31, sold for $3.50, 52% GAIN
MU 39 Put, bought for $1.01, sold for $1.82, 80% GAIN
AMZN 1610 Put, bought for $26.00, sold for $40.00, 54% GAIN
TSLA 300 Put, bought for $11.60, sold for $2.00, 83% LOSS
GOOG 1095 Put, bought for $14.40, sold for $17.54, 22% GAIN
NTES 245 Put, bought for $6.27, sold for $10.00, 59% GAIN
AMZN 1740 Call, bought for $44.00, expired, 100% LOSS
BKNG 1850 Call, bought for $31.50, sold for $60.00, 90% GAIN
NFLX 340 Call, bought for $8.95, sold for $13.00, 45% GAIN

GOOG 1115 Put, bought for $14.49, sold for $30.00, 107% GAIN

ALL 2018 Results*
(January 1 – December 31)

* in 2018, if you’d bought & sold ten (10) Contracts
for each Position as below, you’d have banked $394,160.00 Gain.

That’s $32,846.67 Gain each month, approx. average.

* in 2018, if you’d bought & sold one (1) Contract
for each Position as below, you’d have banked $39,416.00 Gain.
That’s $3,284.67 Gain each month, approx. average.

ALL Last Week Results*,
(February 11 – February 16)

* last week, we had no losses. If you’d bought & sold ten (10) Contracts
for each Position as below, you’d have banked $2,580.00 Gain. ā€‹ā€‹ā€‹ā€‹
* last week, we had no losses. If you’d bought & sold one (1) Contract
for each Position as below, you’d have banked $258.00 Gain. ā€‹ā€‹ā€‹ā€‹

BKNG 1920 Call, bought for $25.00, sold for $25.00, 0% GAIN
CMG 600 Call, bought for $9.00, sold for $11.00, 22% GAIN
MU 42 Call, bought for $0.92, sold for $1.50, 63% GAIN

ALL Prior Week Results*,
(February 4 – February 9)

* in the prior week, if you’d bought & sold ten (10) Contracts
for each Position as below, you’d have banked $17,330.00 Gain. ā€‹ā€‹ā€‹ā€‹
* in the prior week, if you’d bought & sold one (1) Contract
for each Position as below, you’d have banked $1,733.00 Gain. ā€‹ā€‹ā€‹ā€‹

ā€‹BABA 165 Put, bought for $2.31, sold for $3.50, 52% GAIN
MU 39 Put, bought for $1.01, sold for $1.82, 80% GAIN
AMZN 1610 Put, bought for $26.00, sold for $40.00, 54% GAIN
TSLA 300 Put, bought for $11.60, sold for $2.00, 83% LOSS
GOOG 1095 Put, bought for $14.40, sold for $17.54, 22% GAIN
NTES 245 Put, bought for $6.27, sold for $10.00, 59% GAIN
AMZN 1740 Call, bought for $44.00, expired, 100% LOSS
BKNG 1850 Call, bought for $31.50, sold for $60.00, 90% GAIN
NFLX 340 Call, bought for $8.95, sold for $13.00, 45% GAIN

GOOG 1115 Put, bought for $14.49, sold for $30.00, 107% GAIN

ALL 2018 Results*
(January 1 – December 31)

* in 2018, if you’d bought & sold ten (10) Contracts
for each Position as below, you’d have banked $394,160.00 Gain.

That’s $32,846.67 Gain each month, approx. average.

* in 2018, if you’d bought & sold one (1) Contract
for each Position as below, you’d have banked $39,416.00 Gain.
That’s $3,284.67 Gain each month, app

Add a Topic
1489
Add a Topic
582
Add a Topic
3963
rfolgate
Member
rfolgate
February 20, 2019 5:51 pm
Reply to  David Bistritz

It’s all rubbish

šŸ‘ 57
pabloaguirre
Member
pabloaguirre
January 13, 2019 11:26 am

They have not published the first weeks of this 2019, that means the last boughts also of last year. It have been a disaster, I am not exagerating, I lost a huge ammount in just 3 weeks as long as they never uses stop loses.

šŸ‘ 2
Julie
Guest
Julie
January 18, 2019 10:40 pm
Reply to  pabloaguirre

They have done a very bad job last few weeks. This is a f**ked up market which their trading program obviously canā€™t handle. You can NOT blindly follow their trades, you need to do your own research and also place stops or use spreads.

Jim
Guest
Jim
January 25, 2019 11:19 am
Reply to  Julie

Julie,

What type of stop parameters would you use if your brokerage account didn’t allow spreads? A fix percentage of the premium? Or a time stop? Or a combination of both?

Based on the results of my trades with them (about 4 months), 42 trades were were winners within 3 days of purchase (and 1 loser). The remaining trades held 4 days or more were 16 winners and 31 losers.

I’m thinking of maybe deploying a time stop but since my platform doesn’t have any historical information on the daily option premiums for options that have already expired, I have no way of back testing the strategy.

Add a Topic
570
Julie
Guest
Julie
January 25, 2019 9:51 pm
Reply to  Jim

I donā€™t know any brokerage that wonā€™t allow spreads. Do you have a basic account you need to upgrade to a higher level of options trading?
Not sure what a time stop is, never heard of that. I rarely use stops of any kind because whipsaw action will kill you. I set up Gtc sells immediately after buying any position. If I couldnā€™t do spreads I would want to be constantly watching the market during trading hours. You can also set up conditional trades, ie- if stock xyz rises/falls by a percentage or $ amount your option gets sold.
Think or Swim has Thinkback, which gives historical prices.
Last, and most importantly, I donā€™t trade any PFS recommendation unless TA supports it. Lately thatā€™s been about 1 in 10.

Add a Topic
570
Julie
Guest
Julie
January 25, 2019 9:56 pm
Reply to  Julie

The other thing that will help you preserve capital is buying options that are in the money instead of the ones they recommend, which are typically not. Shoot for at least an 80 delta.

Add a Topic
570
rfolgate
Member
rfolgate
February 20, 2019 5:48 pm
Reply to  Julie

Julie is correct. You will go broke following their picks blindly.

šŸ‘ 57
Jim
Guest
Jim
January 25, 2019 11:32 am
Reply to  pabloaguirre

Yes, it’s been horrible. 15k of realized profits gone in less than a month, now down to a realized 10k loss. And it seems like their luck isn’t getting any better. And it seems like they are doubling down on trying to make up for the losses by incurring more losses.

Also, their strategy seem to have changed. Recently, they aren’t giving any profit targets on some of the plays until the end of the day or even sometimes a few days later. For example, two of the successful buys today simply say HOLD. In the first several months of being a customer, they always had a profit target whenever they had a successful buy. Now they don’t on some plays. I’m not sure why they are giving plays without a profit target chosen before buying.

And their plays are getting much more expensive due to the market’s volatility. I’ve been a customer for about 4 months (they keep extending subscriptions when they have a down week) but I’m now reluctant to renew based on the performance of the last month. What if they keep losing?

I’m probably going to not renew until they start having a prolonged winning streak again.

David Bistritz
Guest
February 20, 2019 12:27 pm
Reply to  Jim

theri emails brag about their streak !! over 900 wins . are those lies ?

rfolgate
Member
rfolgate
February 20, 2019 5:47 pm
Reply to  David Bistritz

Yes they lie as bout everything. They claim they sold a certain price which was a lie. They only do good whenFang stocks are rolling. Otherwise they are just shooting in the dark.

šŸ‘ 57
Julie
Guest
Julie
February 21, 2019 7:02 pm
Reply to  David Bistritz

They may have 900 wins, but they donā€™t tell you the losses always, so hard to know the true number of losses unless you are a member and track it yourself. Definitely WAY more losses than they admit in their advertising.

rfolgate
Member
rfolgate
January 26, 2019 9:50 am
Reply to  pabloaguirre

PFS is a POS!!

šŸ‘ 57
rfolgate
Member
rfolgate
January 26, 2019 9:48 am

I caught PFS in a direct lie. One day they said they sold an AMZN option at certain price and I was tracking AMZN options the whole day and it never attained the level they said they sold at. I think in the morning they take a dart board and throw a dart and wherever it lands they recommend the trade. They play games with their results. They are not trading their own picks either. Theirs are all hypothetical trades. After being a subscriber for 9 months I do not recommend them. The only thing I learned form them is I can make a huge amount of money on AMZN and GOOG single options if the market has a major move either plus or minus.

Add a Topic
34
Add a Topic
570
šŸ‘ 57
Loser
Guest
Loser
February 20, 2019 4:08 pm

They donā€™t post when they have losing weeks. January 2019 there loses were 150-200 THOUSAND !!!

rfolgate
Member
rfolgate
February 20, 2019 5:39 pm

One poster summed it all up. Stay away from this newsletter. They are not truthful. I lost 10 k on autotrade with them. They really bamboozled me. I did learn to use Amazon as a trading option vehicle and I am making back my money trading manually. There picks are just hypothetical. They don’t publish losing weeks

Add a Topic
920
šŸ‘ 57
Julie
Guest
Julie
February 21, 2019 9:30 pm
Reply to  rfolgate

I agree. And Iā€™ve been trading just amzn on a daily basis. Even very slow days it moves $10-20 and you can pick up a few hundred dollars with one or two options.

Add a Topic
34
Add a Topic
570
robertcornish71
Member
robertcornish71
March 7, 2019 4:44 pm

Stay Away. They misrepresent results. For example. On 3/7/2019, (February 4 – March 1), They state* If you’d bought & sold ten (10) Contracts for each Position as below, you’d have banked $9,250.00 Gain. Here is what they don’t tell us.
10 contracts of each recommendation would have cost $334,110.00. Profit of $9,250.00 on an investment of $334,110.00 = 2.77%. In the same time period the SPY profits 3.84%. Just a Warning..

Add a Topic
6068
šŸ‘ 25
Wayne
Guest
Wayne
April 27, 2019 12:24 am

I just finished my trial week and traded the 3 plays all made money as I traded 5 contracts per. I do not like that they let the losers 100% or close. Obviously trading weekly options will cause time decay fast. If they’re right it’s gotta be quick if not stop lose. I will trade the plays either directional as they call it or credit spreads. Based on the option prices and number of trades they put on I’m assuming I would need about 250,000 to trade 10 contracts. I will start with an even dollar amount per trade, that will seem to balance the returns. If you have BKNG at $2000 a contract and another at $360 you can’t possibly figure the returns correctly. I use another service and should’ve probably just stick with it but their record looks intriguing. I’m at the computer all day so manually trading all these plays plus lots more are not hard.

Wayne “Stockz”

Add a Topic
570
Add a Topic
1489
Wayne
Guest
Wayne
June 1, 2019 1:49 pm

Iā€™ve been with them since the end of April and have done well. I trade 5 contracts per recommendation. If it starts to go the other way I cut it at 50%. Seeing itā€™s he weeklies theta working against you. Iā€™m very pleased and I do know for advertising purposes they wonā€™t show a bad month which is deceiving but as long as you are using good position sizing you can withstand a negative month.

Julie
Guest
Julie
June 1, 2019 3:23 pm
Reply to  Wayne

If you had started with them in January you would be telling a much different story. They seem to have cycles of winners and losers. The first 2 months of this year they did very poorly. Over any given 12 month period they seem to do well. But if you got in with them at the beginning of a bad pick cycle, you could end up losing a lot of money, and then it would take a long time to recover from that.
I used them for awhile, but they simply have no consistency and no apparent method, which is not how I trade. I did make good money with their picks, but it was like having a blind guide leading me with strokes of luck. And I did the same things you have mentioned doing- equal allocation, spreads, and getting out way before taking a 100% loss.

rfolgate
Member
rfolgate
June 1, 2019 4:21 pm
Reply to  Julie

I’ve caught them in outright lies on what they sold an option for as I follow AMZN all day long. They are very deceptive. They just randomly choose options just shooting in the dark.

Add a Topic
34
Add a Topic
570
šŸ‘ 57
rfolgate
Member
rfolgate
June 1, 2019 4:18 pm
Reply to  Wayne

The only thing they did for me was put me on to trading options on GOOG and AMZN . I’m currently scalping these options and I’ve done well. By paper trading I keep getting better every day and I’ll soon switch to real trading.

Add a Topic
570
Add a Topic
5168
Add a Topic
34
šŸ‘ 57
moe
Guest
moe
June 7, 2019 9:44 am

They are doing sh** this week

rfolgate
Member
rfolgate
June 8, 2019 10:16 am
Reply to  moe

They are sh++ period. They are con artists I lost 14K on auto-trade with these creeps. I caught them on incorrect entries they made on their big wins sheet. Julie said it all in her previous post.

šŸ‘ 57
Charles
Member
Charles
July 5, 2019 10:24 am

So it’s now July 5 2019. I had the misfortune to join this service about 4 months ago. At first it seemed good and I made a little profit. Their track record since 2nd week in May is disastrous. Yes, they had a couple of winners but mostly losses and some complete wipe-outs. So far, since joining them, I am down over 90% thanks to May/June (the results of which they don’t publish which in itself is disconcerting) with little hope of recovery. If I take into account my subscription fee I’ve lost everything. That leaves a very nasty taste in my mouth and I wish I never heard of these charlatans. Yes, they have good periods followed by bad periods which wipe out plus more the good periods. Steer clear unless you’re looking for overall losses.

ggswift
May 20, 2020 6:48 pm

Just received an E-Mail for Predictive Financial services ..currently asking $395 per month PLUS the Auto Trade Crap …….Better taking $49 out and subscribing to Stockgumshoe!

šŸ‘ 185
Ronald Emshoff
Guest
Ronald Emshoff
August 23, 2020 12:31 am

I think the negative posts here are missing the point. Predictive is just doing educated guessing. The key works here are EDUCATED and GUESSING. I don’t think they have a crystal ball. What do you think the big trust funds do? The ones that make a few percent a year or worse lose a few percent a year – same thing. What do you think Warren Buffet does – same thing. Has he ever made a bad investment – of course. I have subscribed to Predictive on and off for a few years. I have never found them to be dishonest. What I have found is sometimes I can not get the same fills as they do, but that is the way this game is. But sometimes i get better fills. Option fills are difficult at the best of times. Trading is the hardest thing i have ever tried and I have had several businesses over my long life. Why? because it just doesn’t make since most of the time. How can a stock report bad earnings or have a law suit filed and the price goes up? Happens all the time.
And now trading is even harder as you are trying against computers and large funds. Sure Predictive will have losing days, weeks, months, but I have never had them show a losing year. That is trading and I think they are as good as anyone. And if you take anyone’s calls without doing your own research, or auto trade, you are asking for trouble.

Julie
Guest
Julie
August 23, 2020 4:23 pm
Reply to  Ronald Emshoff

Well, the guessing part is correct, not sure about ā€˜educatedā€™. I honestly think they simply have some computer program that generates the picks. I have never seen any reasoning presented for any pick which would indicate actual educated guessing. I definitely would not compare them to Buffet, who makes most of his $ selling options, not buying. Big hedge funds have a problem (as does Buffet), which is allocation. They cannot buy or sell too much of anything at once or they will move the market. Consider too that a hedge fund, as the name implies, is shooting for stability more than stellar profits. Thatā€™s also in line with Buffet (rule 1, donā€™t lose money…). Even Warren had a surprisingly bad year this year, and Iā€™m puzzled he did not see the obvious sell off coming in February.
I doubt PF ever has any skin in the game. They make their money selling information, not trading their picks. So, ultimately the fills they report are just theoretical.
Something else to consider- letā€™s say a stock picking service could be 60% accurate, or, regardless of accuracy, return 30% profits a year. So either way, guaranteed money. Word gets out, and at some point, too many people will be making the same trades at the same time and the system will fail from its own success. In the end, it still comes down to educating yourself about market patterns, trading tactics, and honing your timing. You cannot trade fundamentals alone (as you mention- bad earnings but price goes up, etc). Most if not all institutions now use algo trading programs. You canā€™t ā€˜out tradeā€™ a computer so it makes sense to learn the patterns and work with, not against them. And youā€™re right, trading may be simple in concept, but itā€™s far from easy. It can be confusing, counterintuitive, and downright maddening to watch erratic price action sometimes. You have to develop your own system that works for your personality, circumstances and risk tolerance. And, in my opinion, it has to be somewhat fun and interesting, or I would find a different way to make a living.

Add a Topic
570
Add a Topic
231
Add a Topic
4227
Charles
Guest
Charles
December 16, 2021 12:28 am

I joined Predictive Financial August 5th, 2021. As of December 15th, I have placed trades for 82 of their recommendations, 60% have been profitable, with a closed P/L of $ 20,374. I am pleased with the service.

Robert Greene
Guest
Robert Greene
January 9, 2023 12:36 am

I used their ā€œserviceā€ for a little more than a year, it recently expired. If I bought the 10 contracts that they recommend I would have lost more than $310,000. I quit trading their recommendation early on in my subscription. I wrote to them several times trying to cancel my subscription and never heard anything back from them. They are very clever marketers, they may have a good run of a week or two and use that in marketing to new customers. Be very aware, I would stay as far away from these people as possible!!!

Leslie Szancer
May 30, 2023 12:25 am

Good or bad, depends on the results you get from any service.
I trade here in Sydney ,late at night and trade manually.
But i dont stay up all night, 2 -3 am does me.
Reading the comments , the scary bit for me ,was the comment
The Kelly Criterion suggests investing at most 22% of the portfolio in any trade.
No Service [and i have tried plenty] would countenance that figure.
And I am not saying they do, if anyone does take 10 contacts in 1 trade,
then unless they have a sh$$tload of capital, they would be using a lot of their bank.
I have been trading options since around 2000 and the most I would risk on a trade would be 5%,
usually less.
Seems to me the way they trade [real or hyperthetical],when they have a winner it can go big, but the loss side can also be big.

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info  
136
0
Would love your thoughts, please comment.x
()
x