Zenith Trading Circle

Overall Rating

Rating: 1.8/5. From 68 votes.
Please wait...
1.6
Rating from 320 votes
If you’ve subscribed to Zenith Trading Circle, 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 98 votes
Rating: 1.5/5. From 98 votes.
Please wait...
Your vote
  • 5 Stars 6 Votes
  • 4 Stars 4 Votes
  • 3 Stars 1 Votes
  • 2 Stars 12 Votes
  • 1 Stars 75 Votes

Quality Of Writing/Analysis

Rating from 78 votes
Rating: 1.8/5. From 78 votes.
Please wait...
Your vote
  • 5 Stars 4 Votes
  • 4 Stars 4 Votes
  • 3 Stars 6 Votes
  • 2 Stars 22 Votes
  • 1 Stars 42 Votes

Value For Price

Rating from 76 votes
Rating: 1.3/5. From 76 votes.
Please wait...
Your vote
  • 5 Stars 3 Votes
  • 4 Stars 1 Votes
  • 3 Stars 1 Votes
  • 2 Stars 7 Votes
  • 1 Stars 64 Votes

Customer Service

Rating from 68 votes
Rating: 1.8/5. From 68 votes.
Please wait...
Your vote
  • 5 Stars 5 Votes
  • 4 Stars 3 Votes
  • 3 Stars 5 Votes
  • 2 Stars 12 Votes
  • 1 Stars 43 Votes

339
Share your thoughts...

avatar
126 Comment threads
213 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
175 Comment authors
G13mnbeanbagPhilRussell Eatonjwhallin Recent comment authors

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

kspang173
Guest
kspang173

Watched the presentation today…..cost $1950.00 w/90 day money back guarantee. Today is 12/4/2016 and says membership is limited to 500; yet I see posts on here as far back as Sept. Red Flag! Does anyone know if he honors the money back guarantee? His theory makes sense….to me, anyway; however, the timing would be critical. Since he is taking 500….per month, maybe…..I’m still tossing it around in my mind. I don’t have a lot of $$$$$ to be speculating here and there, so I have to rely on your experience to a great degree.

rmiken49
Member
👍168
rmiken49

Now is not the best time to speculate as a bull or bear. The markets are still grinding sideways. My technical advisory group(Elliott Wave International) has kept me on the sidelines for the time being although I have long dated puts with some companies (mid 2017 to early 2018). The markets are still in a topping process which could last from a few weeks to a few months. As long as investor sentiment remains elevated, it is difficult to achieve large profits on puts. Zenith recommendations are excellent. However, even the bad companies will stay somewhat lifted until the markets… Read More »

Add a Topic
5916
BAYGREEN
Guest
BAYGREEN

I recommend if you all have not tried CML PRO it is a great service for analyzing stocks,etf’s, etc. CMLVIZ.com is precise with there research once you know how to use there system. They had a 10 dollar a month special don’t know if it is still there but it is worth the $. I dropped IBD, and Zach’s, in favor of this service. Nobody beats the Gumshoe when they throw all those tongue tied clues to excite you and then bounce you off the wall. Thinkolater is top’s! Good service real reasonable CML.

SoGiAm
Irregular
👍11474

re: CMLVIZ and CML PRO – May you provide a brief synopsis tutorial or is there youtube or other links that provide such?
TIA ~ Ben

armakusa
Member
👍6

I subscribed to Michael Lewitt’s Zenith Trading Circle (ZTC) from Oct 1, 2016 for over two months, gingerly following each Monday’s long Put alert (less than $2,500 at risk each time). I subscribed believing, and still believe, that his tests have a high probability of identifying stocks that will eventually collapse. But from the start I had doubt, which has only increased, that his tests result in a high expected return within the relatively short period of each Put, usually 2 to 5 months. ZTC marketing says his method identifies stocks with a “94.5% chance of collapse”. But that does… Read More »

Add a Topic
899
Add a Topic
605
Add a Topic
5971
rmiken49
Member
👍168
rmiken49

Sorry Zenith didn’t work for you. I opted out earlier this month as well. I had the same question about the price spread in my November 21st comments. It is apparent that when a trade is issued, they record their buy price prior to subscribers “jumping in”. When subscribers start buying the recommended option, it can increase the implied volatility and the price increases (option buyer demand). This is particularly true when tens of thousand of contracts are being purchased during the day. The option price will increase. Sometimes it may be beneficial to wait until later in the day… Read More »

Add a Topic
570
Jack15T
Guest
Jack15T

I bailed today also. He sure talked a good game on his Video. Lack of communication, unrealistic buy in prices…. He’s got a lot to learn about running an online trading service.

Ray
Guest
Ray

The service has been nothing short of a money pit with no reasonable expectation for any profit. Almost every recommendation has been a loser. Called for a refund on the “91st” day and they refused but wanted to “slide me” into another service by acknowledging ZTC has not been good for anyone. I have other subscriptions, but have had it with MMP.

Add a Topic
899
Raf62
Guest
Raf62

I am having great concerns with Zenith and Michael Lewitt. I am a member of the service but ready to bail. Many red flags to date including apparent mix up of recommendations, to performance sheets stating numbers positive which were negative. Absolutely unattainable buy in prices to match his, to text alert system which works some of the times or late. As you should know the purchase of options can be very time sensitive but it always seemed that I was late for the party even thou I purchased immediately at the alert message. I wondered how he could have… Read More »

Add a Topic
5397
Add a Topic
570
Add a Topic
372
hip3434
Guest
hip3434

I would follow your instincts and get the hell out. As many have stated before his recommendations are spot on, but his buy prices are unattainable. The market is not headed down right now. At all! In my opinion the service is a sham and am sorry I ever signed up.

rmiken49
Member
👍168
rmiken49

I opted out earlier this month. The stock market is still trending up (topping out) and could take several more months into the first quarter next year. Lot of cracks showing up in the markets but they will continue to trend up until the optimism starts to wane. Option buying is risky under the current circumstances. In my opinion, Zenith is risky until the markets start trending down. That is why I primarily paper traded while a member. Too much money to pay to a service and not see any reasonable profits. As noted above buying puts in an up… Read More »

Add a Topic
5971
Add a Topic
5916
Add a Topic
372
Dave R
Member
👍98

At the risk of disclosing too much, I’ve carefully analyzed all 21 picks since inception. All but 2 have all traded above the buy under price usually the following day. The optimal strategy has been to buy on day 1 and sell on day 2. The higher IV doesn’t disappear quickly. We have been in a historic 10% rally since the election. That cannot continue. His newsletter will perform much better in a flat or down market. When the market does turn or normalize, I’ll continue to trade, but keep the profits in the pick. My trading size is generally… Read More »

Add a Topic
5916
reconman66
Member
👍2
reconman66

I joined the ZTC and tried the first six recommendations. All of the puts I bought were well within their “don’t pay more than ___” and every single one of them lost all my money. I would only put $500-1000 in each recommendation and they all were losers. I called to cancel my membership and of course they tried to keep me by extending the 90-day trial for another 60 days because “who could have predicted the Trump rally.” Please. I’m only kicking MYSELF because while eventually this over-heated market will crash (a la Harry Dent, Bill Bonner, Jim Rickards)… Read More »

Add a Topic
372
Add a Topic
3368
Add a Topic
4389
Jack15T
Guest
Jack15T

To bad we can’t hold Him accountable for the losses.

reconman66
Member
👍2
reconman66

Totally agree Jack15T!

hip3434
Guest
hip3434

+1! I wrote him a scathing letter last month. Like he even gives a @#*^! Biggest mistake of my investing career. Taught me some valuable lessons!

reconman66
Guest
reconman66

hip3434, well the silver lining for all of us is just that: a valuable lesson. Expensive lesson for me but will save more $$ in the future as I’ll never do it again. Best to you.

Add a Topic
443
Martin Lainis
Guest
Martin Lainis

Interesting commentary on this board. All I can say is that trading puts isn’t for the faint of heart, and you can quickly lose 100% of your money in search of the very occasional payday of 5,000%. Also, don’t rush into a trade and overpay. It’s better to scale in.

douglasodom
Member
👍4
douglasodom

I joined Zenith and every put recommendation stock in portfolio went up in price. I lost $7000 of my $9000 plays within 30 days. If I had bought calls on his put recommendations, I would have made money. His last recommendation was $70 Jan. 18 put on NVDA. even though it meets zero of the 4 criteria he says he uses. Put a big ass hurting on me. I placed puts on PNRA, CMG, CDIZ, SHLD, LNG, and VRX and all immediately declined in value quickly. All the other recommendations in the portfolio I did not execute were huge losers… Read More »

Add a Topic
5971
Add a Topic
653
Add a Topic
5397
rmiken49
Member
👍168
rmiken49

Zenith Trading Circle seems to be intended for a down market. Hasn’t happened yet. we will likely be getting a couple of more new highs before it turns down for a longer period. This may take several months. So, unless one is willing to “trade the waves”, it is difficult to make any money. Lot of sideways action lately so this wastes time and eats away at option premium whether puts or calls. I got out of this service weeks ago before my 90 days and got a refund. Mostly paper traded so not much loss to claim. The companies… Read More »

Add a Topic
571
Add a Topic
570
Add a Topic
570
Delwin Sullada
Guest
Delwin Sullada

As a Money Map Passport Club member I get all the services from them. Most are bad, Zenith Trading Circle is the worst. One correction, he does not use long dated options. He started out with 1, 2, and 3 month puts. Only when they all expired worthless did he start using longer dated options, just as worthless. Happily, I realized many of his puts were garbage and did not buy, all of them are losers. I to wrote a scathing letter to him and Money Map Press, no response.

Add a Topic
605</