WallStreet Window

Too Expensive!

NOTE: This website is found in two different places on Investimonials. If you search for "Wall Street Window" and "WallStreet Window" you will find there are two separate WallStreet Windows pages on Investimonials. I suggested that Investimonals remove one and combine the two, but until that happens, I'm posting my review here that was originally posted on the other pages. Here is my review:

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I was a member for a couple of months, but I elected to cancel and receive a refund. Granted, many (if not most) other newsletters, or trading sites, don't offer any kind of refund, or trial period, so I do appreciate that I was given the chance to try out the site to see if it was for me.

My reason for canceling was that I feel this service is overpriced. Site access is $197 per quarter, so it is $788 per year, which I consider to be expensive.

If the service were more affordable, such as $200 per year (or MAYBE $300 billed quarterly), then I likely would have elected to continue and give it more of a chance. If it were $200 a year, I'm pretty confident that it would be worth it.

I primarily signed up for commentary and stock picks from Mike Swanson, who is the site owner. However, Mike wasn't as active in posting commentary and picks as I had expected. He didn't comment on the markets daily. There could be a few days between commentary. There were only a couple of stock picks during the time I was a subscriber. However, the lack of picks wasn't my main reason for canceling. It was the price.

There are other traders on Mike's site who post commentary, and there is also a discussion forum, etc. Further, there is also a trading course included, that adds value, but still not enough to justify the $764 per year fee.

I feel there are other newsletters/sites that provide more value and they charge $200 or $300 per year. For example, one newsletter (a website actually) that I recently signed up for is $200 a year and it has daily market commentary from the trader who runs it. Another email newsletter (not a website) is $300 from one of the top market timers rated by Timer Digest. It is published 3 times a week via email, with S&P swing trades that have easy to understand entries and exits.

Based on some of the comments on the forums at Wall Street Window, I'm led to believe that 2010 wasn't a great year with regard to the performance of Mike's picks, and that there weren't very many trades, although I can't confirm the exact details, since I wasn't a subscriber in 2010.

If Mike would ever consider reducing his price to $200 a year, I'd sign up again. At $788 per year, I felt it wasn't worth the price.

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Trust Score

3.1

User’s Review Ratings

Overall

Good overall market picture but . . . .

I subscribed to Wall Street Window for 2 years.

What I liked about the service was the analysis for a general sense of the market. Mike seemed to be very good at that. But, I also got the sense that he might be getting some ideas from other newsletter writers. Anyway, what he provided was good information for the gist of things. On the other hand, he was wrong about the trend on more than one occasion and I lost money because of it. I should have had better stops, so I was responsible for the losses, no doubt.

There are several players that post information on the site - Andy, Kevin and Gerald to name a few. Andy has provided excellent calm analysis. Kevin is knew to the site but seems to have some good ideas. Gerald is a member with a big mouth. He has experience with precious metals (Gold, actually) and has a strong handle on how to buy and sell PM stocks. He is generous in providing this information to everyone. He knows very little about non-PM equities from what I can tell. He should stick to what he knows - gold stocks only. This guy seems to have a lot of issues and rubs people wrong at times. His insights, however, are invaluable.

Lastly, I am no longer a member. I was probably one of Mike Swanson's most loyal fans and even bought his recent book when it came out. I was considering going to seminars with him there in the future. Anyway, I was in the process of making the decision about becoming a lifetime member when my subscription suddenly stopped even though I had another month to go on it. I couldn't even go into the forum and find a solution since everything shut off after the 'subscription' ended. I contacted their support with the problem and they were quite abrupt in their dealings with me. I didn't know if it was Mike Swanson on the other end or some computer geek. Anyway, I exchanged several emails and they refunded my last month and a little more but I was shut down. Since then I have found other websites that have more value in my opinion and seem to treat me better. I do not plan on going back to Wall Street Window.

This is an honest appraisal. I don't work for anyone in the investment community. I am an investor and trader on my own making it work for profit.

Trust Score

1.0

User’s Review Ratings

Overall

awesome stock trading newsletter

Mike swanson's newsletter is very detailed and gives you a great idea of where the market is at from a technical and fundamental standpoint. I recently purchased his book "Strategic Stock Trading" from amazon and i have to say that i am very impressed. He doesnt give picks just to give them. you can be sure each pick is the absolute best opportunity out there. Excellent newsletter!

Trust Score

1.0

User’s Review Ratings

Overall