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Displaying 11-17 of 17 Total Reviews
True Profita
I told Lou Russo I was so happy with the service I would write this testimonial for Taking Profits. I joined these spread Trader over a year ago and every month I have had profits in my account with a growth in my IRA I have not seen before. The Credit Spread program is a basic program while having no educational value the concentration is on purely producing profits. Anyone who is looking for a service that will provide them with growth for their account or for extra income look no further. Lou Russo has developed a strategy and methodology that is true to what he says on this website. I'm a very happy customer and recommend credit spread highly.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Straight Up Profits with Extra Income
Exciting to have a service that is a no nonsense profit maker. These credit spreads have been within 3 strikes keeping the risk minimized with about 7 open trades allowing giving adequate diversification. I'm drawing $1,500.00 a month in extra income. This is a refreshing and well satisfying service. Bravo to Lou Russo for designing a program that does what it says.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Steady Profits
Steady profits every month for 14 straight months. The return value is well worth the membership cost. Straight forward credit spreads with a no nonsense approach. Low risk with extraordinary gains.

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Sripatel52 Winter Park, Fl

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23 wins in a row
I signed up for the spread trades after speaking to Lou Russo he convinced me that this would be good for my objective of extra income and 23 trades later i have won on every trade. The alerts are emailed usually 3-5 times a week and I am manually expecting all trades via eOption. So I am making money I'll stay with each alert. This is trading only alerts. It's not educational, strictly a credit spread service so I had to rate it only 4 educational. If you're looking for straight trades and no bs this is a good service. Lou was very helpful giving me all straight answers and never tied to close the deal. He gave me the information and I made up my own mind a few days later. I referred a friend and she started with only a few thousand and she too is making some money.

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Johncastano99 newtown, CT

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Excellent Money Maker
I am a member of Spread Trader by Lou Russo. Lou Russo has the best trading strategy I have ever used simply because every month is profitable with very few losing trades in different market conditions and he doesn't over trade. A lot of newsletters will make far too may trades to help compensate for the losses however Lou does not do this. There have been on average 2-4 trades a week and the expirations are 2-8 weeks out so my money has not been lying idle. I have grown my money enormously. Lou says he uses a several step methodology for position recommendation and it works to near perfection.

I definitely recommend Lou Russo's Spread Trader.

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Rajeevvarsha551 Houston, Tx

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Best Option Trader
The Spread Trader is a credit spread service and so far the profit won loss record is 17-1 since subscribing so needless to say I am very well pleased. Lou Russo, the publisher of Taking Profits, is really a nice person and after several telephone conversations and exchanges of emails I believe Lou sincerely wants to help people make money.

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Allie1967 Wellsville, NY

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No Good at All.
One of my primary email accounts was bombarded with emails about a new service called 'Options Lock'. The service is run by Lou Russo from TakingProfits.com. TakingProfits has been around for a long while and I have been receiving a number of emails from them, as many as 5 in one day, about joining one of their services.

The 'Options Lock' program particularly interested me because it was right up my alley. It works like this: the service releases a pick for an options trade on ETFs or index, they tell you what price to buy at and send you an email a few hours later with a price to get out at. This sounded seemingly simple and the performance for their last 4 trades since the service's inception did well. They bombarded me with another 10 emails telling me about this feat. Being that the service only costs $19.95 a week and the performance was outstanding I decided to sign up.

It was all downhill from there. I understand that all investors and traders, and services will lose some, I expect it. It's apart of this game. First pick from TakingProfits came on August 12, 2011, it was the August QQQ $53 Puts. Got in $1.20 and received an email a few hours later alerting me that the position would be closed at $0.80. -33% loss, fine, it comes with the territory. Then I received another alert on August 16th to buy the August QQQ $54 Puts. I bought them at $0.87, like instructed. Received an email later that day that we would be holding into tomorrow. The next day I received an alert: sell the QQQ at $0.42. A -51% loss. Now I'm down -84% on two plays. Received another alert on August 17th for the September 17th GDX 62 Calls. The alert said to get in at $2.25, so I did. Received an email later in the day stating that we would be holding until the next day. Almost like clockwork, I receive an alert the following day telling me to sell at $1.85. A -7.5% loss, not bad. But my losses are now at -91% and I could not find a plausible justification for continuing the service. I decided to cancel the service 2 days before the next $19.95 charge would be deducted from my debit card. What happened that Friday? My card was charged $19.95 even after I said to cancel. I sent an email to the service stating that I explicitly said to cancel before next billing. I received an email back shortly after informing me that there was an error and was corrected. I assumed they were overturning the charge. Nope. Still no refund and I called my bank to see if there was anything and they informed that there was no refund in their logs. I sent the service an email indicating that there was no refund made. No response.

This service went from bombarding me with emails advertising their spectacular performance to nothing. Crickets. A few weeks ago when you checked their website they had their gains for the service prominently displayed, there were 4 plays. For some reason the subsequent 3 losses in a row never made it to the website. On top of that they sent me another alert on Friday saying that they were opening a credit spread. This was not advertised in the service. I thought we were sticking with straight puts and calls and then they do this.

I cannot and will not recommend this service. Stay away. You've been warned.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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AuthorityReviews New York , NY

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Displaying 11-17 of 17 Total Reviews
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