The Lincoln List

Dino

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Reviewed September 2016

Entertainment and good tips, but won't make you profitable

I subscribed to the day trading service for about six months or so. It is highly entertaining and also has some good educational tips. I do believe that Doug knows what he is doing, I can see him being profitable at what he does. But I truly believe that no individual will be able to also be profitable by mirroring what he does, mainly for two reasons. First reason why: Speed. Most times if you try to jump in on a trade after him, that market already moved and your entry will be different, if your entry is better, then more than likely it'll be for a losing trade at the end. If your entry is worse, then you won't make as much as he will, which will result in a big difference at the end. Second reason why: Capital. Usually he'll keep trades overnight, sometimes for quite a few days, if you don't have enough capital, and the right mindset to hold those trades, more than likely you won't be able to follow him and this will result in losses, substantial losses.

One time he kept a trade for about 10 days, only to close it later for about $10k loss, erasing an entire month's profits. There is no way anyone could see that as a good trade management, so I left the next day without looking back.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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Asteroid

1.3

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Reviewed December 2015

One of the good guys

I've been a member of the Lincoln list for over a year. After sampling a few other rooms nothing comes close to the Lincoln. Doug trades live on screen announcing each trade and share size as he enters then he gives us a brief review of the set up. Doug is incredibly accurate with his trades only finishing red maybe once or twice a month he is very in sync with the market and very consistent.

I also just bought his DVD which is a steal at 100 dollars the editing is rough but there is hours of real usable trading content and live trades that highlight each strategy. Again, you can't beat the value as others charge well over 10 times more for less but that's Doug he goes above and beyond for people when he doesn't have to

Doug trades mainly high volume stocks that are priced over 20 and hardly messes around with cheaper stocks. If you are looking for a small quality trade room give the Lincoln list a try this is a great community of traders that feels more like a family than a trade room

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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Janet

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Reviewed November 2015

education service

Doug is a really great teacher AND trader. I'm learning a lot about high and low RSI trading. I am now using my technical indicators for almost all my trades. I see a stock hitting 2 RSI and I look to go long

The scanners are super easy to set up. Just scan for stocks below 10RSI and above 90 RSI, then look for a reversal.

Thank you Doug!!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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Breaking_Stock

Miami, FL

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Reviewed August 2014

Best service I have been by far

TheLincolnList.com - Just bought a membership awhile back into his LincolnAlerts service(Day Trades) and from what I see he makes great picks and today I believe he was up about 1.2k, but the percentages are all that matters for me. He has Lincoln Million(swing trades). Apparently he was +733% in 2012. He should be posting 2013 results relatively soon. The swing trades are incredible and the day trades are very frequent in the chat room and he has only had 3 negative days YTD.

He has noob webinars for beginner traders and offer a champ camp where he goes one on one with you and mentors you through trading. All for a great price!

I will ALWAYS be subscribed to @thelincolnlist

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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HysideTrading

Palm Beach Gardens, Florida

7.1

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Reviewed April 2014

Ditto Program Rocks!

Hi ,I have been a subscriber to the Lincoln List and Lincoln Million for a few years. The problem I had was following Doug's trades -both day trades and swing trades cuz I could not enter and exit at the prices the service gave. ( one factor was that I was also daytrading and swing trading on my own - thus all those trades plus mine were all too overwhelming).

When Doug came out with the Ditto programme, I was absolutely delighted! As I am a non US citizen, I set up a DItto account with Interactive brokers that did not allow me to play an active role in the trades unlike those who are under the US Ditto programme that allows them to manage the trades.

This is a good inconvenience because it does not allow me to second guess Doug's trades and it allows Doug to work his magic on my account ( remember Doug has one of the highest average of successful trades in Profitly-(>70%) .

I had put in an initial 15k into the account and I am up 3.6K over the last 3 months. 3.2k of profits have been booked. See my Profitly account for the Ditto service under username 'thebtsps'. I recently bumped up my account to 25K with additional funds.

Thus to fully benefit from Ditto service here's my advice :

1. Have sufficient funds 15K-20K so that all the trades mentioned in the service can be taken as they are called out.

2. Do not second guess or interfere with the Ditto trades. As most are not as experienced traders as Doug , you likely to make a mistake. ( Doug IS THE TRADING SYSTEM)

3. Treat Ditto as a separate fund manager trading for you and concentrate on your own trading in a separate account.

regards

thebts

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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5 Comments on this Review

Thebts

User’s Review Ratings

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Reviewed March 2014

Much appreciation

I have been learning to trade for 3 years by now and have joined three different chat rooms. The lincolnlist is truly by far the most consistent, most educational program I ever tried and I considered myself very fortunate to find such a mentor in my trading career. I joined Doug's day trade program, ditto program, and his champ camp. When Doug announced his ditto program last year I was so thrilled and excited about the service and I can say I am one happy customer whose account is up more than ten percent from last Oct. Tho this number may fluctuate, it is part of the stock market.

The reason why I joined ditto: I was in Doug's million chat room before that's where he shares his swing trades order and ideas, however, lots of time I was not able to pull the plug or mimic his trades because of emotion or the stock has gone up or down when he placed the trades. The ditto program completely erased these problems. And all I have to concentrate is just the day trades which anyone who is interested in day trading should give it a try for a free trial. (that's how I get involved)

How does Ditto program work: I have put in 20,000 for this program at IB and Doug would choose less expensive stocks for swing trades. Such kind of stocks do involved greater risk in my opinion but they are the best stocks for a smaller account and for quicker cash flow. The max stocks in a portfolio are about 4 stocks and Doug is an excellent, experienced trader who control risk well. For example, Doug would reduce his position when a stock is about to release earning or when a mistake is made, he is willing to let it go and re-gear with other orders which usually work very well. Again he is an experienced trader who knows what he is doing (technical analysis/he reviews his trades in video too) and do not let emotion gets in the way (and i think that's the best part of this service!)

Ditto service takes patience unlike the day trade program. I truly see how an experienced trader would trade compared to myself. (i used to buy tons of stocks, a little there and here, not knowing how to allocate the funds and not knowing when to take profit or when to cut or when to add...)

The account roll on its own as Doug do the work and he puts in his own money. I think it is an amazing program for long term wealth builder.

Also Doug's champ camp is so valuable to me. I finally feel I know what I am doing when day trading and I keep on practicing using 100 share size day trading. Doug provided me the right attitude to start over my trading style. Instead of always thinking about how much I can profit (which is really day dreaming in a way) I focus on being consistent and have better risk management. Thank you Doug!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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1 Comment on this Review

Snoopychou

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Reviewed February 2014

Couldn't be any worse- DO NOT use this service !

I agree with Dschneid2010 who reviewed in Nov. '13 !!

I had a very similar experience & also lost a fortune w/ Doug- About $7K !

I was also following Doug for a while, & assume all trades are portrayed & truthful- If so, then how do you loose money, when Doug supposedly doesn't, you ask ?

When I started in approximately July- At the time, there was NO WAY to mimic Doug's trades by % of shares, meaning that if he wants 500 shares, & I choose 100% I get 500, 200% 1K, etc. The only choices were guessing by share size, % of $ in portfolio, or a couple others-

Not being able to mimic Doug's shares size meant, we would either get WAY too many shares (compared to him), or too few, or other issues- A huge problem-

This means I often had far to large of a position size, since I had to guess what Doug would do (all trades are different share size & different price per share obviously)- This combined w/ the fact that Lincoln would OFTEN baghold bad trades, and be down SEVERAL dollars per share !, meant that I may also miss some good trades, since my portfolio would have no room left-

Until Lincoln & Ditto actually started the ability to match % of share size, several months later (Oct 1st), this resulted in such large unrealized losses & also missed trades, I actually had to cut some positions myself-

One could say, why 'trade' myself, though if you saw several thousand dollars down in your account, after waiting weeks on end, smoking hopium that the stock would recover, you have to do something ! Also, WHY weren't losses cut quickly (good traders always do this !), & why ADD to a loosing position, attempting to average down ?? Also, not something a great trader should do-

After only about 4 months, I was down over 6K ! PLUS the very high $1700 annual fee for trading an IRA & a margin account !

So, wouldn't you think, after complaining on SEVERAL occasions to Lincoln about the service, my massive losses, & the share size fiasco, that Lincoln would rebate me unused fees or better yet ALL my fees because of the HUGE problems ???

No ! The thief Doug, wouldn't do it... he thinks he deserves to do a huge dis-service + steal from you on top of that !

Like Dschneid2010, I STRONGLY recommend you run, not walk away from this poor service-

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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3 Comments on this Review

jerome

The Lincoln!

TheLincolnList

Well its no surprise you had the same experience a Dschneid2010 because you did the exact same thing. Perhaps both of you should be honest and let everyone know that many of your losses were wins by other Ditto members. Why, because YOU chose to cut your positions on your own. You even mention that in your complaint. Just like Dschneid2010 you both went rouge allowing me to enter trades at will then YOU cut them at YOUR discretion most often for a loss. I even told both of you several times not to cut the positions but you did it anyway Example JAKK ACAD RPTP were massive wins that you both admitted to cutting because you could not tolerate hanging in there. Is that supposed to be my fault?

Everyone should know that Ditto trade is not an "auto trade program" One of Dittos main features is they give complete control of all positions to the clients. This can be a good thing but also a bad thing as you can see from above. This is why most auto trading firms remove the control from the client they do not want them panicking or being shaken from positions or for the most part interfering with the lead traders strategy. This is what you and Dschneid2010 did. You cut positions while other Ditto traders held and you both blamed me for your failure.

You and Dschneid2010 also should let everyone know you both took the same over aggressive greedy approach that I warned you against taking. I instructed you as well as all new Ditto subscribers in the beginning to size down considerably each choosing no more than 3% max pr trade. When Ditto started there was no share size match so I did it for you. However just like Dschneid2010 after hitting the first few trades for wins you decided to add extra accounts and double your size, which I told you both not to do. Therefore , you both ended up with a share imbalance.

As I did with Dschneid2010 I tried to work with both of you to resolve the issue. I knew what the problem was and I told you both how to fix it. I even offer to both of you that I would personally take over your accounts and trade them myself to get them back on track and I would do so for free. And just like Dschneid2010 you threatened me and told me to screw off. I have the emails to prove my response to both of you and your threats to me and how you both said you would bash me. I saved all those emails which I will gladly show to all the people out there that ask just contact me at [email protected]

Any person in their right mind would have taken me up on the offer but you didnt. As I told Dschneid2010 and I told you I will not refund money based on anothers error. It was you who decided to cut trades that I stayed in and you did so many times against my advice and the fact that you just drop out mid stream is even worse.

I also will not sit here and say that I didnt have any losers Im human and I do make mistakes. However, I told you both I would turn it around and I did. I have posted a auto trade client account so all the people that read your review can see what someone who has patience trusts the lead trader looks like. Most people who join an auto trading program leave all the decisions , especially the exits up to the lead trader. Otherwise you become vulnerable to wait happened to both you.

View a clients auto trade account here http://thelincolnlist.com/wp-content/uploads/2014/02/auto-trade-results.png

As most people will understand once they read this is that you both cut positions against my advice, quit the program midstream and missed out on the last 3 months of nice wins that would have made you accounts look a whole lot better. So in an attempt to justify yourselves you point the finger at me. Good job.

Doug
TheLincolnList.com

DavidL

As usual Doug, you mix facts to suit your 'story'
You over inflate the numbers..
Your numbers don't lie, they suck-
You STILL allow your clients to baghold several dollar losses, when the loss should have been cut in several cents instead !!
YOU REMAIN a THIEF !! You can't dispute you HAVE NOT returned the 3/4 UNUSED multi thousand dollar fees you charged to VERY unhappy clients !!
Do the right thing Doug- Return the unnused fees !!!

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DavidL

San Francisco, CA

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Reviewed January 2014

Mr. Consistancy

I have been with Doug's service for over 2 years. He's common sense trader who trades highly predictable setups with realistic profit targets and takes consistent gains. Service includes real-time screen sharing with charts, video and voice commentary, and real-time market scanners to find stocks on the move. The chat room is full of other seasoned profitable traders always calling out their own alerts as well. If you are struggling for consistency, you have to join this service. Also check out his Profitly account: http://profit.ly/user/TheLincolnList

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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Dhonn

New York, NY

6.7

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Reviewed December 2013

one of the most consistent trader

If you have been trading more than a year, you know how difficult it is to make money in the market consistently. He may not hit home-run all the time but hits singles, doubles like Ichiro. The way he trades is really simple and very easy to learn. For people who has been frustrated with daily fluctuation of P&L, this is the service you need to try. He will teach you how it's done.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

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Katsu127

Seattle, WA