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Best Choice

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www.bestchoicesoftwa..
Category: Software
Best Choice Software looks at the historical price movement of a stock to identify a predictable time to buy and sell with a very high probability of success. Best Choice looks for repeating stock price movements, then tells you the probability...
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Tried this in the mid-2000s
Bought this software after attending the Moneyshow in NYC. Spoke to the owner and developer. Did a 30 day trial. Did not find benefit. I will say the support from the company was good. But at the end of the day spending $3k for the software as no where near worth it and a returned it for a full refund. Maybe others have found benefit, but I for one did not. Maybe it's better now than it was then?

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great software for seasonal charts and trends
The person who posted the last review before me should only blame himself. How is a software for $50 going to change your life? It's your own fault if you bought into that hype. I really like this software. I found some great seasonal picks like WWE that peaks in q1. You can view trends during any month or week and find patterns across time - meaning you can pinpoint how specific stocks perform on certain time periods where there is season business. I'm not sure why someone would expect to make millions of this. It is a tool to keep in the arsenal.

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Buyers Beware
I purchased the software some years ago amid many of the marketing promises that BCS would change my life and anyone else who traded with the software. I have found this to absolutely not be the case with me.

First of all, of course, seasonality does have its advantages when picking a stock that would continue its seasonal patterns. Anyone with any trading experience can vouch for the advantage that seasonality offers a trader, but at the same time it is no guarantee that a particular stock is going to adhere to its seasonal tendencies; there is absolutely no guarantee, that, contrary to what Sunny Decker states, that the stock is going to repeat the pattern again.

With the recognition that seasonal patterns do not offer a guarantee a profitable trade, the marketers of this software advocate without equivocation, that users should buy deep out of the money options in order to lower the Dollar risk in a trade. This practice, in and of itself, is guaranteed to lose people money, because buying deep OTM options are notorious for losing.....if one buys an option with a Delta of .20, then that means that particular stock has a 20% chance of trading in the money by expiration, regardless of how much money is spent with the option. So, then, I am expected to invest hundreds or even thousands of dollars on an option that has a 20% probability of trading in the money, just because it has gone up at the same time of year in its trading history? Anyone that knows about mathematical probabilities will laugh at this proposition and would most certainly stay clear of placing any monetary wagers on this type of proposition. Anyone that doubts the validity of these statements needs to only study the trading concepts of Larry Williams and Jake Bernstein.....two of the greatest market analysts that walk the planet today. They both are advocates of seasonal patterns, but stay clear of guaranteeing that just because a certain derivative, be it stock or future or whatever, will follow its seasonal tendencies in any given year. So if two of the greatest trading minds in the universe cannot make guarantees about seasonal probabilities, then who am I to doubt their wisdom?

In summary, I would have to say that the software does have its uses, in screening for those stocks that have a seasonal tendency. So for those people who might want to have an edge in placing trades in the stock market, I say Best Choice can help in that regard. But so state that the software is going to make anyone a millionaire.......I would like to talk to one person who has made one million dollars trading with this software. If so, this person should have all kinds of testimonials on the website, but there are none. In addition, if the software has lived up to its promises to make people tons of money, why are there no posts on the website under the Blog? If I had made hundreds and thousands of dollars using the software, I would be shouting from the roof tops and letting everyone know about this fantastic software. Someone needs to ask BCS why there are no posts on this blog and also why some users groups have ceased to exist because they could not make any money. Then make your decision about buying this software.

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Finally competition to Seasonality charts
I attended one of Best Choice Software classes in Vegas a few years ago. I initially like the software and purchased a trial copy for around 900.00. With the trial I received training but did not make any significant profit from my trades using the seasonal charts. I then did not pay for the full package but was able to backdate my computer date so when I run the software it would not expire the license. Though not current prices I was able to make some profit based on consistent seasonal patterns in natural gas and in Apple.

This week, the Think or Swim (TOS) platform (which is free) has integrated there seasonal charts to compliment there other features. When I compared the seasonal charts of Best Buy with TOS I got an extremely close correlation between the Best Buy composite curve (based on 5 years) and TOS composite curve. I have only tested 5 years at this time with the SLV ETF and will test more before I make a definite opinion of BB worthiness over TOS seasonality charts. But at this time, paying nothing versus paying $5000 my decision is clear to me which will win.



Best Choice has other features that includes filters for high momentum stocks, etc and day trading. I use TOS scans for high momentum trades and do not day trade so I would not purchase Best Choice based on those features.

Thank You Think or Swim for providing competition and giving us seasonal traders more options.



Hornblower

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Hornblower Oxnard, CA

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Best Choice Software should not be given any deposit money.
Best Choice Software may be suffering cash flow issues as they refuse to refund my $950 deposit. I have not received any goods or services.

At the Las Vegas Expo I gave Best Choice Software (BCS) a deposit of $950 towards a $5,000 purchase of their stock-picking software that "would make me tons of money".  I downloaded a demo file once back in my office and decided after viewing it that I did not have the time nor faith in the program to go forward with the purchase at this time.  At that point I received nothing of value, no functioning program and no data feeds. Nothing!

When I called to inform them I didn't want to proceed with my purchase and asked for my refund I was told the company policy was "No Refunds".  This fact was not disclosed to me when I gave them my VISA card at the trade show and it's not on any document at the point of sale.  Even so, if it were printed somewhere in their literature, the fact that I received no goods or services from them should mean they are not entitled by law to keep my money if I ask for a refund.  I received nothing of value from them.

I have spoken with the owner, Sunny Decker, who seems like a nice guy, but is not about to change his mind.  I am now forced to take him to the credit card company, the BBB, Internet blogs and to the promoters of the Money Show/Traders Expo to get a refund.  What a pain in the butt!

Think about it: if this guy were a successful company he would not force a customer to take steps beyond a simple request to get the rightful return of money for which the company has done nothing to earn and is not entitled to keep.  

While I can't say anything about the actual value of the software, I can say the owner is not reputable and therefore, the company and its products are suspect.  

I would advise anyone to stay clear and don't do business with Best Choice Software, no matter how juicy the offer sounds and no matter how easy BCS says it is to make "a ton of money".  Call me anytime to hear my real passion about BCS.  760-753-8999.

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JimmyTrader Cardiff by the Sea, CA

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A Total Waste Of Money And Time.
This software is completely useless with respect to identifying winning trades. Pete and Sunny boast how this software can help you to make many times the money that it cost. So far I have not earned one cent from it. Additionally, taking trades by using the indicators given by the software can lead to large monetary losses.

The person assigned to assist with respect to providing direction in the use of the software has been unhelpful.

The tecnical aspect of the software are poor. The software ties up a great deal of time and CPU to re-index downloaded data. The process takes one to several hours to complete.

Do not buy this software.

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3 of 3 people have found this review helpful.
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great charts
I've attended free webinars. Good presentation, like the software, great charts, the strategy of finding stocks that show seasonal patterns is very useful. I think it will be very useful... Oveall, It's a great value and pays for itself.

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5 of 8 people have found this review helpful.
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Luke11 Charleston, SC

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Great software but perhaps too pricey
I've heard a couple of interviews and attended a free webinar by Sonny & Pete. Their presentations are excellent and the software is powerful and unique. The visuals/charts are terrific and the approach of finding stocks that show seasonal patterns can provide the trader with an edge if they can afford it. i recommend checking out a software demo, webinar or archived one.

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ShiraKashi New Bremen, OH

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High probability of success
Best Choice Software has given me the tools to make profits I could have never made on my own. It's a great value and pays for itself.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 3 people have found this review helpful.
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Displaying 1-9 of 9 Total Reviews
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