Pearly Gates, The

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25 Comments
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mike o
February 17, 2017 7:35 pm

I would never subscribe to someone calling themselves “the great” if he was so great he’d be trading his own money and not selling services.

👍 22
dapez
Irregular
dapez
May 4, 2017 1:47 pm

I signed up for a 3 month service because I believed in Peter’s teachings. After 3 days, I wanted to terminate service when i realized that what he teaches isn’t what he recommends. Request was refused 3 days into the service because the T&Cs say you cannot receive a refund, under any circumstance. You can benefit if look up his performance on the website which is open to viewers, and I didn’t realize it before signing up. http://cashflowheavenpublishing.com/track-record/2017-2/. Slightly negative overall.

I am willing to pay for a service that saves time and adds value. In my second and last cancellation letter, I wrote the following:

The service takes more effort, not less, than my doing the trade analysis myself. It is not good.
Example, in the 5/2/17 ROTH recommendation on the latest newsletter, recommends strikes that are ~1.3 SD (standard deviation) and result in a 35% likelihood that the short positions will be hit and the trade will be a loss.

Why would someone recommend a condor (selling premium) when IV is only 10.1%? Do you calculate expectancy , and what does your analysis show? Is the expectancy positive or negative?

Today for this trade: SPX Price 2388 IV 10.44% SD 32.38 means: and 2452 are the EM2 for that series. Chosen strikes are far from the 90% success probability advertised.

That is why I requested an immediate cancellation of the service. If you believe that what I’ve stated above is inaccurate, let me know.

TO WHICH I RECEIVED AN EMAIL RESTATING THAT UNDER NO CIRCUMSTANCES DO THEY REFUND SERVICE FEES. (no acknowledgement regarding my analysis of the trade that does not follow his teachings).

CAVEAT EMPTOR

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Mike
Guest
Mike
September 21, 2017 8:15 am

The guy is a scam artist. Do not let him have your credit card information. He will just charge your account repeatedly for $97.

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