Description
Trading service recommending currency options trades.
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Weiss WCO – World Currency Options
I signed up Jan 1 of ’09 for $2500 for 1 year.
Since that time I’ve received 21 newsletters. Few were commentary and updates.
Prolly 20 recommendations. The commentary is a bit over my head sometimes.
I cancelled today for a prorated refund with no problem.
I made 4 trades, all were losers. Total loss 58%.
Most of the others I’d have made, but by the time I entered the order, the options had already moved out of range.
But judging from the adjustments and commentary, I was prolly better off.
Certainly it’s a tough market to play in, but ………….
Had this service when Jack Crroks was running it and he made all losing recommendations. Jack was very sentimental of the dollar and believed that all currencies were weak against the dollar when at the time the dollar was getting slaughtered. Lost money on all 4 of his trades. He did puts against the Yen vs Dollar and the Yen shot up and he doesn’t put stop losses on his trades. Lost all my money on that trade because he let the option expire. Then he put the Euro against the dollar and lost on that one too. I sold it at a loss against his recommendation then found out he let that option expire as well. Would have lost all my money in that one as well. I used the remainder in his Franc put and also lost money but this time he sold. The last recommendation was another Yen put and I lost the rest of my money. I got tired of this and wrote a complaint then cancelled my service. Months later, they replaced Jack with Brian.
Just herd about this site. My husband and I subscribed to Weiss-Crook’s currency service. In a word it was miserable. The service should be called “Crooks Lies” and Weiss swears to it. I say lie because he and Martin told us the Crooks new what he was doings. He sure did: in selling subscriptions.
Ask me if you like !!