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