|I followed Gary for more
than a year. His track record is honest. The problem is that some
of his trades were impossible to reproduce by me. His website has
a live chat box in witch he guides his audience live in real time.
This is tricky off cause. When he initiates a trade he kind of warms
you up for it. And when he wants you to buy a stock he recommends
he shouts GO WITH: INTC (ex) After that he shows in a separate box
at what price he got in. At some times that price was impossibly good
and I could not even close to it. I jumped in with a market order
and he had obviously a more sophisticated way to get in.
And then this: When I checked the volume at a given moment that he
shouts GO! I saw a volume of
a few 100 shares. So I asked myself,
nice webpage, but does Gary has clients? And obviously he does not
execute his own advises.
In general I could achieve a result that was roughly 2/3 of his track
record. If you subtract the commission and trade with 20.000$ per
stock is the profit per month not more than a few 1000$. Trading for
income was a slogan he applied but removed.
Nice webpage, nice guy, honest, not 100% reproducible,
2/3 was closer. Stop loss is applied. Exit is guided real time by
Am I doing it ? No, because the way of initiating the trades was
to stressful for me.
Lately Gar changed his picks, with more emphasis
on slower trades. Now he is better reproducible, but the profit
is still not more than a few thousand $ / month. Or dare you to
buy more than 1000 shares of some low volume stock, if you have
to reproduce a trade that last from 10 minutes to a few hours ?
and free trial week
|I was really interested
in this page and even thought about letting him trade for me
until he published end last year a track record from an actual traded
account based on his recommendations and that was no success! While
his picks on the simulated record were very profitable, around 30
%/month, his real trade track record based on his picks where losing
money. Incredibly honest of the guy, but not tempting me to go with
him. Later he removed that "real track record" and live
||Nice and honest, but the
side itself proved (during a period) that their picks do not reproduce
||Price: $295.00 / monthly
Setup: $995 (includes first month service)
At first glance: super! but...
The entry strategies and guidance are very nice! Announced in stages
to prepare you for a trade, with entry limit order, stop loss and
target exit : BRAVO ! A dream? Not quit, because, to my opinion,
Taps has no real exit strategy and to mask that, they provide you
about 10 different exit strategies. So the exit target that they
provide you at the beginning of the trade is only about 30 pips
away from the entry. At 20 pips profit they already announce: "profitable
trade". But let's assume we jump out at 30 pips and with our
next (in that case we need to start with 2 contracts) contract at
there next target of 60 pips from entry
How many contracts
do I need to buy than in the beginning to exit at + 170 pips ???
And now comes the tricky part. If I buy, lets say 4 contracts, and
sell at every target one contract
what happens than when
I lose? Than I lose not 30 pips, mister TAPS, but 30 x with 4=120
ouch! That hurts.
So if somebody can explain me there track record: they pretend to
win 170 pips at certain moments but when they lose it's never more
than 30 pips! This is pure bulls
to my opinion, because we
all know that knowing when to exit is as (or even more) difficult
as knowing when to enter. So there super track record is
to my opinion. And if somebody can enlighten me
Strongly exaggerated track record, but very good
entry signals. We tried to make some profit with there picks...
Our result was negative.
COMMENTARY BY RENAGATE:
In the morning you get trade entry points with stop
levels. This is very clear.
During the day small changes are made, entry points are deleted
It is very intensive and it is not always clear what the current
status of their signals are.
On simple request in their chat-box you get answers.
They are always prepared to explain what they are doing and there
is an educational side to it.
Once an entry point reached they try to scalp and try to get small
This position closing procedure is very intense and stressful. It
is a matter of seconds.
I was not able to reproduce their results.
Use the webpage to learn Steves system. Trying to
reproduce its signals, in order to reproduce the track record is
Fails in my criteria for a good picker advisory
|Were not so profitable in last period.
Relaxed atmosphere in the chat room.
|After trying to subscribe we got the
message that they stop with service until further notice.
||I tried to subscribe, but their subscribe
web-page didn't work. They didn't reply to my e-mail.
Their performance record is outdated.
Their idea of combining different stock-pickers looks attractive to
It looks as if they are not active anymore.
|VECTOR 2000 http://www.vss2000.com
|Only half of the stocks to short could
be shorted by Ameritrade
In their track record Vector mentions prices at market open and close.
I was not able to reproduce those prices due to fill issues.
They mention only that the stop-loss was triggered if the delta between
open and close succeeds the stop-loss value. Stop-loss triggers between
open and close are not mentioned in their track record.
Their signals came in time and were clear.
|Their track record was not reliable and
I stopped because I didn't thrust them anymore. The stop-loss issue
closed the door.
But not up to date
|We are testing this site. Because of
the swingtrades this takes more time.
In the track record Thierry writes sometimes: "Target not hit".
We asked in an Email: what happened with these trades? Was it a losing
trade? and how much did you lost. We received now answer... We also
don't like that the track record is from last year, so not verifiable
during the trial period.
Does not answers Emails.
In these days they are strong in the red. We gave
|I come always back to this site. A dynamic
bunch! Look in the middle of the front page for there AI2 trading
system on the QQQ.
What should be there track record?
Not vary fat, I am afraid.