I never really liked the format of this concept, but warmed up a little when I learned about how they were doing the autotrading and duplicated the same for my manual trading. That is, have a stop loss, and then a trailing stop once you're up a certain percentage. Well, it seemed like a good idea, but overall, the trades didn't work.
I traded on and off with them since November 2010. I only did the Special Plays. Of the 12 months I did trade with them, only one month was a winning month. My performance:
33 winning trades, averaging 19.9%
45 losing trades, averaging -23.3%
That's only 42% winners.
Doesn't take a math wiz to figure out that negative expected return.
No thanks. And stay away from the hype of their posted returns. They are theoretical if you can call perfect tops. The autotraded results are more accurate. Check out those. The Core Strategy was a large loser in 2011, and the Special Plays was only moderately profitable - like $2000 for the year based on $2000 per trade. After paying for the subscription, you might have enough for a cup of coffee, IF you joined at the right time. There was a $4000+ drawdown early in the year, and a massive $8000 drawdown at the end of the year.
Sorry, just telling it like it is.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Was this review helpful?