Velocity Trader

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Allan JiracekJonDetective31Chris StubbsJames Recent comment authors

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Marco
Guest
Marco

Death Cross Trader is an option based service that is pretty agressive, so not for the light-hearted. Zachery sends out a new recommendation every week and he has a pretty good track record. I paid for my subscription a few times in the first week, so I won’t be complaining about the cost. He does give you stop points, so you shouldn’t lose all your money if a trade goes the wrong way. He also doesn’t have the same following as Adam Lass and Wavestrength Options Weekly, so his trades do not usually move the market that much. You would… Read more »

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petervr
Irregular
petervr

“Penny Oil Speculator” prepared by Editor Bob Czeschin is the reco-house I am trying to “tap” into. They had a Brazilian penny-oil reco about 4-months ago and it has done faily well ( from .15 to about 0.45). The current reco is a penny-oil company in the NW United States I believe. If another flyer becomes available, I will forward.

Thanks,

G.L. Harris

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Anthony
Guest
Anthony

If you’ve been around awhile this service has changed hands so many times I lost track. It is always reinventing itself with a new person running the service. Like many services, it has it’s ups and downs but this one is mainly down…

Susan
Guest
Susan

I have tried 3 options that Zach has recommended and so far all have come in on the money. I pick and choose from his recommendations but all 3 that I have played this year have had gains of OVER 100%. Very satisfied with Zach and his newsletter.

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Lee
Guest
Lee

I subscribe to several newsletters. It seems that many of the recommendations were a month behind the other newsletters, so I doubt if any of his recommendations were original. After 4 straight losers, I stopped paying attention to this newsletter. It seems to “borrow” too many ideas from other newsletters.

Karen
Guest
Karen

In the 6 recent months I subscribed to it, I lost a fair amount of money. One or two of the recommendations that I bought came out ahead, but not enough to offset the losers. Some of the trades I didn’t get into, for different reasons. Sometimes the option price would be higher than the limit he set to buy it at. He still made money, but I didn’t get into it. One time he didn’t set a limit, and I ended up buying 4 penney stocks 75c-$1 higher than he paid. He made money, I lost it. At one… Read more »

FishGrill
Guest
FishGrill

I doubled my account in one month and broke even on the other month.
Zach answers emails sometimes within the hour.
Great service. I am new to options but read a ton when i get into something new.

I highly recommend the service.
P.S. I also read WOW and I prefer Zach who tells you when to get in and when to get out rather than quote “maximum gains” and lets you decide when to get out.

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Gerald33
Guest
Gerald33

I subscribed when Ian Cooper was running it. It had some interesting moments while the banks and financials were crashing. He did pick those correctly. Overall I do not believe I made any money with options.

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buzzcreek49
Member
buzzcreek49

Just read company’s presentation and they claim – they will be doing very strict due diligence with strict lending criterias for loans.

Mark Johnson
Guest

I too subscribed when Ian Cooper was running the service, and had some good trades and some bad trades. Back then it was much more expensive. Ever since Ian split and went over to Angel Publishing, this service has been passed around like a, well, you know. This service has not been the same since ian left, a new face every time I get a promo about it. I prefer Ian’s Options Trading Pit to this one…

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Hans
Guest
Hans

I analyzed 80 closed trades over a period of about 1 year. The gain per trade averaged 0.4%. Including 8 trades that were open at the time the gain per trade was -3.8%. This did not include transaction costs. 30 of the 80 trades made money.

Gravity Switch
Admin

I wrote about one of those spintronics companies a while back, but never followed up on the rest. Spintronics was NVEC, article is here: http://stockgumshoe.com/2011/01/a-few-of-this-small-company%E2%80%99s-lucrative-patents-could-turn-into-kingmakers-patrick-coxs-quantum-computers.html

tom
Guest

I subscribed to the service only recently because I wanted to know what they were calling “silver shots”. They wee very optimistic in their claims but I am ahead and buying options is fun because the value of what you hold moves so quickly. I was not aware of the many changes at the helm and will have to wait and see what my results are. Silver shots were indeed jan 2010 options at 17.00

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Jeff
Guest
Jeff

I started receiving this newsletter about 2 months ago. I currently have 9 positions on based on the recommendations of this newletter and I am down an average of 61% on 8 of those positions. One of the positions is currently even. Not really the performance that was touted in the letter asking me to subscribe. I have yet to see even one winner!

marshech
Guest
marshech

Death Cross Trader is named properly with regard to your bank account as none of the trades promoted by this Taipan offering were valuable. The only one I made money with, Chipotle, was when I sold it before he recommended to. That recommendation was to ‘throw in the towel’.

Not a lot of money for the service ($250) but not a lot of success either.

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greg
Guest
greg

Terrible experience trading options. I ended up cancelling after one profitable trade when I got out on my own. I hung on to others and ended up with nine losers.

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Raj
Guest
Raj

I have subscribed to this letter before and with poor results. I know that they changed manager and wanted to give another try. Thanks fo ryour article. They have not changed a bit. Thanks for saving the trouble of myself going thru trial and cancellation (and lose money thru some of the recommendation).

John
Guest
John

I too as others subscribed immediately following the “silver shots” teaser. It must have been quite a success from a marketing point of view. While the “silver shots” were down for a while; at present (09.12.2009) I am in a profit position. Therefore, I will wait and see what happens between now and January 2010. As far as his other trades are concerned, overall I have lost money. For one thing, I have difficulty in executing trades at HIS prices – so obviously I have doubts. I also subscribe to Agora’s “Options Hotline” with Mr. Sarnoff, with similar misgivings. If… Read more »

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Nicholas S
Guest
Nicholas S

I am not a subscriber–he appears to be a trend follower, hyping an exhausted recovery uptrend at the peak. But then I speak as one who bought Dec puts of Silver Wheaton SLW Friday when I read about their outrageously bullish purchase from Barrick. Barrick is a good short here too, but SLW may have bankrupted themselves with this bet, on top of their others.
I strongly recommend $59 spent for one month’s excellent “get your head straight” advice from elliottwave.com at this point in time. Get off all the trend following garbage out there just now.

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Theresa
Guest
Theresa

Hi, I got a newsletter from Taipan,than a few more just to get my interest peaked, so I sucribed and got penny stocks to invest in and after reading and waiting to see what stocks to buy at the end it says subcribe now! same thing I get a e-mail from Death Cross trader about silver Shots and again after reading the full thing only to get to the end and it says subcribe now. So I’m thinging what did I subcribe to in the first place. So I looked up Silver Shots to see how to buy them and… Read more »

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Donato
Guest

Your query regarding “secured investment contracts” sounded familiar, so I did a quick search and found your answer at the address below. As a bit of a side note, I used to know someone who subscribed to just the basic monthly Oxford news letter. He said he did ok with their stuff providing a couple of rules were followed. One, throw away everything else that comes with the news letter. And two, just pick one stock each month that is following a market trend and not overpriced. At the time, I was not in the market and didn’t know what… Read more »

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lee
Guest
lee

Iwas a subcriber to tiepan, and received all the other bs the option gu ru etc.but i just got this silver shot today. when he says,’ WHEN I FIRST HEARD ABOUT SILVER SHOTS I WAS A BIT SKEPTICAL, IN FACT, I ALMOST WROT THEM OFF BECAUSE THEY ARE NEW. BUT BECAUSE OF THE PROFIT POTENTIAL I DECIDED TO TAKE A CLOSER LOOK..HERES ONE HE SAYS AFTER DUE DILIGENCE THEY, THE SILVER SHOTS ARE FOR ME.. THE ONLY TROUBLEING PART IS HE USEES SILVERSHOT SERIESA A 2009 SERIES B SERIES C. UNLESS THAT IS THE OPTION MONTH SYMBOL?? ANY COMMENTS OUT… Read more »

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destry
Guest
destry

To pile in on this would “Guilding the Lilly”
Nice job of “Red Doggin’ “. You two make me proud.

Jim H
Guest
Jim H

After reading the comments, I don’t think their service would be worth it. I received a nice, slick-looking piece in the mail today from them pushing the ‘silver shots’, and it got my curiosity up. But the $200 price tag (even with the guarantee) was too pricey for something that looks untested.

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A. Nony Mouse
Guest
A. Nony Mouse

I agree with you about MOO. I’m also watching the Rogers Van Eck ETF HAP or Hard asset producers Exchange traded Fund. It includes, Ag, mining,petroleum, water, and alternative energy. It just came out and the volume is very light, and it has some other negatives. Given what’s going on with ETF’s it may not be around in 6 months, but I have put it on my watch & wait list

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Bob
Guest
Bob

Reviewed: Taipan’s Velocity Trader

This is just a head’s up that Taipan’s Velocity Trader is an options trading newsletter that is simply a renaming of their Death Cross Trader newsletter. Given the less than enthusiastic reviews that Death Cross Trader has received on this website, it is easy to understand why Taipan decided to apply a new coat of paint and rename the service.

Taipan’s latest marketing hype for Velocity Trader gushes about “Turbo Caps”, but that’s just their cutesy name for stock options.

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Daniel Paterson
Guest
Daniel Paterson

I would love to know exactly where I find this “turbo cap niche market”? I have never in all the time that I received solicitations from from Taipan or Agora seen such misleading drivel as I have from this service. Making claims of +1000% returns, what a load. How many of you options traders have ever had consistent returns of over 1000%? How pathetic that they resort to this type of misleading advertising to draw people in. Call this service what it is, an option service. Turbo Caps!!! Grow up you guys, you should be ashamed of yourself, and Zach… Read more »

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Nick
Guest
Nick

when cooper was running death cross trader, he called the top of subprime, the fall of the dow through 12,500 (despite Taipan idea that the Dow was going to 16k), and called for the UK economy and its banks to implode. they should seriously bring cooper back. made a ton of money with him. Zach’s track record is full of -100% losers.

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defrauded joe
Guest
defrauded joe

What a loser this is I wish I had read the reviews before I subscribed. I could have lost less money if I had chosen stocks myself. What an idiot the guy running this is. He reminds me of a con man salesman. And idiot that I am I fell for it but only for a few months. I feel sorry for those who do subscribe and I doubt that it is around much longer. What a waste. Even when I asked a question it was ignored and it took 4 emails to cancel the service. At least they did… Read more »

defrauded joe
Guest
defrauded joe

This is a con operation as far as I am concerned. I should have read the comments here before I subscribed. I marked consistency so high because it was consistently bad. WE should all get together and tar and feather Zach. I do not see how he can continue to spout out his enthusiastic choices. HOW can he live with himself??

tracy
Guest
tracy

Just another note, as I try to contain my laughter, in the 70’s my mom bought GE with 100% of all dividends going into reinvestment shares, 2,000 shares later and now hovering around 17 bucks, but hey look at all the cash she saved in broker fees over 40 years! Also ATT, bought in the 80’s, same reinvestment strategy, a few years ago ATT did a 3 for 1 reverse swap, one share for 3 of hers, again no fees, what a deal! Great write-up of a dismal strategy.

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Isaac Bennett
Guest
Isaac Bennett

(O) Realty Income Corporation

Great company with a great track record paying consistent, solid, and growing dividends.

Check them out! Great time to buy!

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Dave Schneider
Guest
Dave Schneider

Just finished a year with this guy and if you invested $1000 in each option he recommended (and sold at the exact time his e-mail hit your in box), you would have made 58 trades during the year and walked away with an ROI of -12.5% (worse if you didn’t get out exactly when his “get out now” e-mails arrived)! And that was with a lucky streak in the past 3 months because he was horrible in the first half of the year. If you want to make money with this service, just do the EXACT OPPOSITE of what he… Read more »

Jon
Guest
Jon

Dave, Sorry for your loss, but these kind of creatures don’t give a s—t about what they do to others finances, just as long as they collect their $$$$$. It’s all about finding a way to get others to release their money and people like Jim Finks, Harry Dent, et. al., etc have found their way into our wallets and selling us their bull—it that makes them a fortune and leaves us standing in the mist of WTF!!!! I also worked with him and lost my ass. I did’t have one winner, all losses, but you don’t see these kind… Read more »

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Carter
Guest
Carter

I tried one of their services and missed this little line in the sign-up:
“If you aren’t completely thrilled with the service, just let me know and I’ll give you a prompt refund… minus a 10% registration fee… no questions asked.”
10% “registration fee”… So who makes money on this deal? The writer of the service! Now THAT is a no lose trade!

Jon
Guest
Jon

10% to press a button on their keyboard, such bull—-t The money grab never stops.

Russ
Guest
Russ

I always wanted to be involved with options and a newsletter by an experienced trader made sense. You know, just let them do all the work. Long story short, it’s been a disaster. I’ve had one or two soso’s but mostly losers. I’ve noticed however, that when a recommendation is made it almost always looses value immediately before starting to rebound. The latest recommendation to buy “OPEN” July 80 puts up to $6.50 was currently trading for $4.70. I watched it for a few days and sure enough, you can currently pick them up for $3.20. I’m still hesitant though… Read more »

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slam608
Guest
slam608

and XIN is defnitely targeting that demographic

kevin weddington
Guest

This service stinks. Poor picks that go south as soon as I bought them. They do appoligize
a lot. I canceled after 2 months of losses.

jillsami
Member

Was Velocity Trader formerly called Death Cross Trader ?
I looked it up. Death Cross was doing poorly, so it was
renamed Velocity Trader.

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James
Guest
James

Don’t waste your money on Velocity Trader. I’m down $5,000 including the subscription fee. A very expensive lessons in vertical spreads that are much cheaper and easier to learn. Occasional iron condor. Also, the chat section is so punitive to newbie questions…all you see are fill confirmations and then the occasional curt reply to the “idiot” that asks a question that’s been answered before.

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Chris Stubbs
Guest
Chris Stubbs

Hi James
I agree don’t waste your money. I have autotraded Velocity Trader for 2 months and Im down $8,000 trading conservatively as suggested by Jim Fink.

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Chris Stubbs
Guest
Chris Stubbs

Don’t waste your money on VT. The reality is not what think. I have had very poor results. Down $8K in 2 months following advice on position sizing from Jim Fink.

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Detective31
Guest
Detective31

Horrible service and Jim is extremely rude and not helpful at all. The forum deletes any questions that Jim instructs them to delete. He is also quite rude when he does respond. Also the service has produced extremely poor results. I have lost more than $6K in 3 months using his system. DO NOT WASTE YOUR TIME OR MONEY WITH VELOCITY TRADER.

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Allan Jiracek
Guest

Does this system have something to do with warrants? I was thinking it has to and you can’t trade warrant with every and any stock. All’s you have to do is ask your broker if the stock offers warrants.

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