Become a Member

Quick Hit Profits

Overall Rating

Rating: 2.6/5. From 20 votes.
Please wait...
2.7
Rating from 69 votes
If you’ve subscribed to Quick Hit Profits, 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 17 votes
Rating: 2.7/5. From 17 votes.
Please wait...
Your vote

Quality Of Writing/Analysis

Rating from 16 votes
Rating: 2.9/5. From 16 votes.
Please wait...
Your vote

Value For Price

Rating from 16 votes
Rating: 2.5/5. From 16 votes.
Please wait...
Your vote

Customer Service

Rating from 20 votes
Rating: 2.6/5. From 20 votes.
Please wait...
Your vote
guest

12345

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

12 Comments
Inline Feedbacks
View all comments
fatpagan
fatpagan
October 9, 2018 7:49 pm

His win-loss rate: 75/25.

In/out length of time varies from a week to 4 months. Average somewhere close to 2 months.

The average win was 78% profit (modal win around 50% but some really big ones kicked the average up). Average loss: 70% but some of them close to 100%. He had a string of losses early in the year: out of 13 suggestions 9 lost between early January to end of April. That would wipe out the “kitty” of most folk. If folk avoided that period (but how would you know) they will have done well.

It is not the occasional loss. It is not the loss 25% of the time. It is the unpredictable strings that make this so dangerous. If anyone knows a way around that I am sure we would all love to know it!

Despite this, I like him: straightforward, well reasoned. Good system: his model is one of a select handful of high-quality stocks with pretty predictable patterns (he does let you know that probability/risk in advance — that risk varies).

👍 6
jedwards92886
jedwards92886
April 14, 2020 12:20 am
Reply to  fatpagan

WHAT % RETURN HAS THIS SERVICE PRODUCED FOR YOUR PORTFOLIO?

👍 166
dennylbetz
Member
dennylbetz
April 14, 2020 11:48 am
Reply to  jedwards92886

I joined in January 2020 and had some initial good wins of over 100% with his basic “quarterly earnings” strategy. Then the crash – had us on the Call side with market free-falling in general and our positions with it. Some of those initial calls are expiring in a few days out of the money (for zero).

Chad quickly moved us to new “bonus play” put options betting a downward slide would continue. So I have 75% of my capital placed in his puts for a continued slide, not happening at the moment . With last week being the best up market since 1974 you can imagine what our positions look like…but we have time in these options so we’ll see…

Chad has us waiting for the market to crack down as the earnings season begins to deliver a continual stream of bad news. I do hope he is accurate in his prediction. If not, we have little left to start over again but I believe I’ll stay with the service for the full year. Who isn’t having issues now?

If I would have seen the market react so quickly I would have stayed out of some of these positions, but how can you know? Glad I don’t have everything tied up at the moment, looking forward to a calmer time where his “quarterly earnings” strategy works (January/February) as his current bonus trade strategy is a bust so far.

Add a Topic
570
👍 2
steven sapperstein
Guest
steven sapperstein
April 30, 2022 12:48 am
Reply to  dennylbetz

Chad Shoop would not know a good option trade from his butt. Do not waste your money. Learn how you can really make options trades for profits by studying. There are so many better ways to trade options then calls or puts trying to just follow direction like Chad. Learn verticals, condors, butterfly trades and more. Learn to chart stocks and follow points of resistance going up or down. If you want to trade options just because the stock is trending up or down you will lose most of the time just as the crap Chad tries to shovel.

Add a Topic
6397
Add a Topic
570
steven sapperstein
Guest
steven sapperstein
April 30, 2022 12:41 am
Reply to  jedwards92886

absolutely nothing. Chad Shoop could not find an options trade if it hit him in the head.
DO NOT WASTE YOUR MONEY

Add a Topic
6397
Add a Topic
570
meassassin
November 15, 2018 10:20 pm

I didn’t want to cross-post the whole post – 2018.11.5 – https://www.stockgumshoe.com/2017/03/microblog-peak-velocity-newsletter/

Add a Topic
5563
👍 22
BXA
Guest
BXA
June 8, 2019 11:43 pm

Very honest and to the point. No slimy sales crap. The man is brilliant but knows his limits. One of the best services I know about.

jedwards92886
jedwards92886
April 14, 2020 12:18 am
Reply to  BXA

WHAT % RETURN HAS THIS SERVICE PRODUCED FOR YOUR PORTFOLIO?

👍 166
Doug Hicks
Guest
Doug Hicks
June 23, 2019 11:45 pm

After seven months of following the news letter, I’ve lost 40%. Confidence is low.

jedwards92886
jedwards92886
April 14, 2020 12:22 am

WHAT % RETURN HAS THIS SERVICE PRODUCED FOR YOUR PORTFOLIO?

👍 166
steven sapperstein
Guest
steven sapperstein
April 30, 2022 12:39 am

If you are dumb enough to get sucked in by the false claims from Chad Shoop by all means waste your money. This guy could not predict yesterday’s weather much less a winning options trade.

Add a Topic
6397
Add a Topic
570
Keith
Guest
Keith
August 7, 2023 10:08 pm

I paid for Mr. Shoop’s service during his time at Banyan Hill. My experience was awful. Period. Especially right before he got scrubbed from Banyan Hill.

Add a Topic
5563
Last edited 7 months ago by Keith

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  
12
0
Would love your thoughts, please comment.x
()
x