LeavittBrothers.com

TraderA

3.7

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Reviewed February 2012

LVB the best of the rest.

After years of trading and costly testing with other services, LVB proved to me long ago it is the most consistently reliable source for equity trade set-ups in the market. It pays for itself in the first few keystrokes. The technical analysis and sharing of charts is a real value particularly for those trying to break loose from paper trading and into the ravages of real world trading. Experienced traders take LVB long and short set-ups to the bank. A very real benefit of this service is access to the real time interaction with long-term LVB chartists and technicians. Honest, accurate and verifiable technical analysis is one of the benchmarks for all those who use this service. A particularly valuable service is the real-time feedback and trade decisions provided through the dynamic interaction of experienced traders on the message board. Market status and analysis is provided throughout the day by LVB staff. LVB is where I learned how to be a consistently profitable trader. The lessons learned using this service, will help make you a disciplined and profitable trader as well. You will learn to train yourself aided by those who generously volunteer their valuable insight and consistent performance. This is a service manned by traders who earned their success the old fashioned way through: hard work, never giving up, and lots of losses! Leavitt Brothers has been a rich source of support for me and can make all the difference for those who are trying to manage their trading capital in the unrelenting volatility of today’s markets. Just as I prefer to do much of my banking with firms where I can quickly locate the principals and either shake their hands for a job well done or otherwise wring their necks I love the fact you can do the same with LVB, fortunately I’ve only experienced the former. Leavitt Brothers has always been there and they have made all the difference. Happy Trails. jdr

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

5 of 5 people have found this review helpful.

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Jdr1

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Reviewed May 2010

Stock picks

I have known Jason Leavitt before he even started LeavittBrothers.com. He was always able to post setups based on patterns that tended to work out. Jason is very personable and is responsible for my approach to retirement (I'm 61). Many years ago, I was lamenting the fact that I could not possibly save up enough money to retire and he suggested a plan that consisted of trading, allowing me to retire with much less money. That idea is playing out well. I enjoy trading, so it is not "work" to trade in my retirement. Most recently, I asked Jason for some help when my wife lost her job and I needed to replace some income. Again, Jason came through with some killer advice. I think Jason takes a personal interest in his subscribers and wants to see them succeed.

Jason works very hard (I am sure) to keep his site full of useful information. He updates regularly during the day. If you are looking for a "black box" site to hold your hand through each trade, this is not the site for you. And you should be ashamed of yourself. Jason provides stock picks with entry points and targets, but you need to trade these stocks yourself. By doing this you will learn much more than you could ever learn by black box trading. You will still need trading discipline and money management. Jason likes to say that trading is simple, stocks either go up or down. And with Leavittbrothers.com you will get picks and setups that put the odds of winning trades in your favor.

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

5 of 5 people have found this review helpful.

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Chuck

Boca Raton, FL

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Reviewed May 2010

Probably Good but performance not clear

I only tried the 2 week free trial to his stock service, Levittbrothers (LB) is not bad. Jason is very knowledgable and diligent, exceptional teacher/communicator, but the setups did not help me, so I couldn't justify spending $60/mo on a membership. I do well independently so I sort of have high standards and feel a newsletter should pay for itself almost right away, in this case within 2 weeks, to be worth your time.

First of all, the performance of the stock picks at LB was never clearly stated.... on top of that, he has a extremely short trial period of only two weeks (Interestingly, his options newsletter does state performance and gives a longer 4 week trial period). Furthermore, he only gives you a "sampling" of his picks but ONLY the winners and doesn't give you the selection process used to comes up with them. It's sort of difficult for me to assess the performance when I only have the numerator of the proportion to work with.... anyhow, I kept track of the gains and losses of the two week trial... and found that the expected value of these setups is between 1-2% over ~ 1-2 weeks. So about 25% of the time you'd get a nice 10%+ gain, but the rest of the time you'd be lucky to break even or be slightly in negative territory... I was sort of hoping for something like 50% of the time to get the 10%+ gain and break even on the rest. I should note these numbers were based on a fairly large number of setups but were unfortunately over a short period of time and so are admittely inaccurate... it would be interesting if others have a more reliable assessment over a longer time period.

Instead of LB, I recommend going with Brian Shannon's premium service at the same price because I think Shannon's repuation as a successful trader is better established. Shannon's videos and demonstrations are better too. I think both Shannon and LB are probably both good, but I'd have more confidence with Shannon. It would be nice if you could use ivbucks to purchase at least a one month membership into each of these services to see for yourself!! hint, hint, nudge, nudge

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6 of 6 people have found this review helpful.

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Luke11

Charleston, SC

5.0

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Reviewed May 2010

paid version of stockcharts.com public lists

It looks very much like a paid version of stockcharts.com public lists. Same kind of quality and charts and picks. In fact, some of those free lists are better. LB also has earnings and upcoming econ number announcements (kind of like an economic and earnings calendar), but that's available for free on Yahoo and Bloomberg anyway. So there is no reason to pay for this site when stuff that's just as good is available for free all over the internet. Just my two cents..

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4 of 5 people have found this review helpful.

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Goldbug

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Reviewed April 2010

total ripoff

bunch of stock picks based on previous trend. index analysis that states the obvious. message board that looks like worse than yahoo message boards. after being a subscriber for multiple years, i wouldn't follow any of this stuff if it were free.

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

2 of 4 people have found this review helpful.

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6 Comments on this Review

JasonLeavitt

This person was a Leavitt Brothers member and after being dead wrong for a very long time, he blames the site. Here are some statements he made on our message board. I'll let readers here decide if his testimonial above is legit based on the fact that he was so wrong and Leavitt Brothers was on the right side of the market.

on Apr 1 he said: "All the bulls are lured into the slaughterhouse with just a piece of hay, just in time to get their heads chopped. butchers are dispatched."

on Apr 13 he said: "XLF under 7 before June 30, FAS will be a penny stock by then."

"Oil to under $30, copper to under $1, natgas to under $3. all before year-end 2009. Watch for a major emerging country default in the coming days, causing a turmoil in credit markets that will make post-lehman days look like a walk in the park."

"Oil services, solars, fertilizers, alternative energies all take 80%+ haircuts from these levels. Any company that needs to roll over debt this year is a penny stock candidate."

"A big bear market rally of at least 25%, maybe even 50%, will happen in the spring of 2010, taking SPX to almost 500. Naz will rally even more to catch SPX @500."

"U.S. will not know whom to blame, china or the default of ------, for the back to back 10%+ daily drops in SPX."

"Don't even think that you can ride a sucker's rally with a stop. You will wake up to 30% gap downs in large cap, very reliable stocks. By the time you weigh your options about selling out or waiting for a rebound or doubling down, you'll be down 60%."

"The last remaining original djia stock will be in bankruptcy once eastern european and commercial real estate loans sink its financial services subsidiary."

"JPM will be in receivership as the CDS's come home to rooast with all the bankruptcies coming."

"Things will get so bad that futures and options exchanges will be suspended past expiration dates at the depth of this bear market. Don't leave much money at your broker, you may never get that back."

"In fact, there will not be any derivatives markets allowed in the home of the brave when this bear market runs its course. Nasdaq will also shut down."

"Analysts will be surprised at how tech titans with such great products and almost no debt could actually go out of business."

on Apr 15 he said: "Resources lagging, positions are being liquidated there. watch for them to take the market down. SPX 100 point pullback for starters."

"America will look like naples? and i don't mean naples, FL"

"Last chance before the big tankeroo. Consider this your rescue helicopter. No more will be dispatched."

"Yep, market will not open tomorrow."

"A big gap down tomorrow (25 spx points) and another 50 point drop. Not fully loaded but my account would notice a 75 pt move."

on Apr 16 he said: "I'm continuing to buy SPY and IWM puts into this terminal move."

on Apr 20 he said: "Deadly action for the bulls. they will wait for today's gap to fill and hang on. They'll have to wait until the next summer olympics."

on Apr 22 he said: "ES is tankeroo again tonight. If it gaps down big again, it may not be able to recover this time."

on Apr 23 he said: "I think this is a perfect spot to be short all retail when everybody is on the bandwagon. It will tank to way past previous lows when the market turns down again, which is imminent."

on Apr 27 he said: "As the CEO of my own company, srhn trading corporation, I'd urge you sell every single share regardless of price."

srhn

It is very typical of Jason to attack others' opinions and point to others' mistakes to divert attention from his own poor analyses. If he had posted here everything I had posted on LB message board, it would be obvious I was bullish all the way to the Jan 2008 top, all the way bearish to the March 2009 bottom and turned bullish again at that exact bottom in March 2009. Jason was busy being bullish at the Jan 2008 top. He had the SPY as a buy with a target of 160+ in early 2008 when it was trading around 140. By the time he got bearish, the market bottomed. He was bearish at that point of course.

Maybe I should also mention that I was voted poster/chartist of the month by his own members. Either this shows how poor the situation on that board is or that Jason is bashing me here because of my criticism. In either case, not the type of person I want to get advice from when it comes to trading.

Needless to say, I was just a subscriber there who happened to be posting my opinions on the board. It is Jason who should be delivering the accurate analyses (which he did not in my opinion), not me or any other member. So it's kinda ridiculous to selectively post somebody's opinions that turned out to be false and to leave out everything that turned out correct. It is also inappropriate to post my messages from the proprietary message board, though not surprising for Jason to do so. Not that I mind it, I post my opinions anywhere and they turn out inaccurate now and then. That does not bother me at all. It just shows the professionalism approach and understanding of the website and the way it is run.

Regards to all.

see3d

I don't like to bash others, but I give zero credence to this review, as it is part of a continuing pattern of personal attacks by srhn, not an objective evaluation. Srhn has demonstrated an immature vendetta against various members of the LB site and Jason, and finally in a paranoid fit left the site (more than once). Site members tried to give him a lot of support, because we treat each other like family. Even though I enjoyed reading his adamant posts on the site, he really was wrong for long stretches of time, as was I (since I am biased counter trend also). At times srhn was right, but I am much better off listening to Jason most of the time.

Jason is a trend follower and has been quite accurate overall, calling an end to trends earlier than most others, while encouraging sticking with the trend as long as it is not broken.

For instance, Jason has been saying the trend is up since the bottom of the market, and even though just about everyone has called the top over and over and been wrong (including srhn), Jason has stuck with his analysis, and only in recent weeks has turned more conservative on the trend.

Eventually a top will be in, and all the bears will say they called it accurately -- a stopped watch is accurate every day. The real question you should ask is how many days out of the total was the analysis right. After years of following Jason daily, I have to give him a lot of credit in that regard.

And on a final note, Jason is a very laid back and sensible site moderator. He does not pound the table and make adamant proclamations of "truth". He just does sensible technical analysis and presents his findings. He leaves the entertaining drama to others.

BTW, poster of the month criteria has nothing to do with accuracy of predictions. Any criteria may be used, including pure entertainment value.

srhn

Wow jason sure keeps a tight leash on his buddies. As soon as a negative comment comes in, jason and his soldier see3d comes with a smearing campaign. Very typical of both and the LB site overall. I am not surprised one bit. In fact I am entertained. As would anybody be who decides to join, but don't expect anything more than that.

I have no idea what support see3d is talking about, I have been a very profitable trader since 2001 (last losing year 2000), so I don't need anybody's support, let alone jason's, see3d's or anybody else's from that site. They should support themselves first. Not that they are friendly, supportive or anything like that to begin with. They constantly make fun of any newcomer who asks a sensible or a stupid question. One former member commented along the same lines above too.

So if you want to believe the PR campaign of jason and his foot soldiers, cough up a few hundred bucks and see it for yourself for a few months. I am sure it would be a good education for you, though not in the traditional sense.

Best regards and peace to all, friend and foe :)

see3d

I have never been contacted by Jason about any of these negative reviews. He does not operate that way. In fact, I wish that he would not comment on negative reviews at all, even if they are presenting inaccurate information, because it looks defensive, and he should not have to be defensive about his work.

Being a paying member of his site for years, I should be able to offer my truthful experience and opinions. If someone has a different experience, then we can compare notes. I am pretty cheap, and I don't keep paying for a service that I don't benefit from for very long. I have a large stack of cancellation notices of services I have tried and cancelled.

Srhn, the support I was referring to was emotional support, and you needed that my friend. I have never doubted that you made money, since you would keep adding larger size for a long time when you were wrong, until the market finally turned and you could cash in. Most who try that eventually blow up their account. When you were taking on big drawdowns you appeared to be an emotional basket case in your posts, and those were the times when you became paranoid and attacked others on the site.

As far as needing to be a member of LB, I don't see that you needed that. You usually ignored or contradicted what Jason said, so I can't see what technical benefit you got from the site. You preached your views in no uncertain terms, and it was added to the mix of inputs by all. I thought the main reason you were a member was to save others from what you saw as the impending doom of a market meltdown.

Everyone is my friend (from my point of view), but I will defend one friend from being attacked by another friend. Your review was obviously done with the intention to hurt Jason's reputation rather than help others decide if this was a service they could use.

Put all the paranoia behind you and move forward in a positive light. They really are not out to get you.

Go in Peace. :)

srhn

Well i trade the way i trade, and it works for me. I am ready compare my Schedule D with anybody else's. Give me 10% of the capital gains tax I paid and it's yours to view. LOL

I disagree that I need emotional support for my trading. Not that anybody would get that from you or anybody else on that site. But I will leave that decision to the ones who may be in need. In my experience, people who tell others that they have emotional issues are the ones in need. I am not a medical doctor (clearly, neither are you), but I would look at myself first if I were you rather than giving others advice about their mental health.

And no, nobody else is out there to get me. I never thought they were. I just decided LB was a bad service and just shared it here on Investimonials. I don't see how it has anything to do with what you and jason are talking about. I think your faces as the foot soldiers are getting old, so I suggest you dispatch another "unbiased" member from the site. I even have some good names that I can suggest :)

Well see3d, this is my last response to you here as I have nothing personal with you. I shared my opinion about a service I experienced for multiple years and my review is what it is. If you have more to say to me, I am sure you can find my e-mail so I suggest you take that route.

Regards and good luck to all, friend or foe :)

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Srhn

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Reviewed April 2010

They run a setup service like it should be run...

First of all I'm a part time trader. I used the service, but I no longer do the reason being I can't follow the market every day and I'm sometimes away for long periods. I've used the service and I liked it despite the fact I can't use it.

They do everything right. They don't promise spectacular results. They provide setups with entry and exits "recommendations". It's up to the subscriber to execute them according to their own "comfort level". They review their setup results every month. They hide nothing. They show all the wins and losses. They are a straight up group of people.

I recommend this product for quasi-day traders. You need to follow the markets everyday and monitor the trades as much as you can everyday to make the service pay. That should go without saying when using ANY of these setup services. If I had the time, I probably be back with them today.

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

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Medowz

Oceanside, CA

3.0

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Reviewed April 2010

Knowledgeable & Professional

I think the setups are generally somwhere between good-to-excellent and would serve most traders well esp. if they can distinguish the better ones and can manage the trades well. Even the clumsiest of traders would make money by using a large number of the setups. Jason obviously really knows his stuff and is extremely clear in his presentation, no b.s. or double-talk like many other newsletters. He also isn't constantly showboating over every good trade like others. I should note most all the plays are for short time periods, a few days to a few weeks, with targeted gains near 10 to 15%. If this style doesn't suit you, you may not be happy with this newsletter but this is clearly shown in the archives and in the free 2 week trial membership.

There are very few weaknesses to mention. Perhaps, one weakness is that the actual performance is not stated. Yes, trading styles can differ off of the same trade but that's why you make assumptions, like results using the initially recommended stop and target. Lack of "scorekeeping" can mean losing trades are not taken as seriously with little or no insight gained from past mistakes but I doubt that is the case here. However, I'm sure Jason, like most successful obsessed traders, does do an extensive audit into past trades that didn't work out well.

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

7 of 9 people have found this review helpful.

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Angelajk

Ellicott City, MD

5.0

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Reviewed April 2010

Nice service

All I can say is it was a pretty good service, nothing special, but I do think Jason is a great stock picker. Glad to say I tried the service and wanted to contribute a good word. Thanks for everything, I recommend this newsletter service.

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

6 of 7 people have found this review helpful.

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Brad_Two

1.4

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Reviewed April 2010

Lots of good trading ideas.

I've been with Leavitt Brothers for a couple years. They offer many good set ups (probably too many) and very objective analysis. The membership pays for itself every year. I don't post on the message board, but I do hang out there to see what the shorter term traders are doing. All in all it's a solid, well run service at a good price. What more could I ask for?

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

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Mark2market