The market has provided bulls and bears alike a ton of obstacles to start 2015
But the one thing that you don’t want is some trader out there trying to push you into sub-$10 stocks with volume under 500k and telling you how you should be in it with all of their other members.
If so this is what you are likely facing:
1) A con-artist who is simply wanting to sell you their shares at a much higher price. Yes, many, if not most newsletter trading services push this on their members. It’s a shame, but you’ll soon find that a lot of these lead traders have no soul.
2) Manipulating their own past performance (if they even have one) by getting you in to low float stocks that will pop when you buy so that they can show a profit and thereby sucker others into subscribing.
3) You are the only person trading with this person. If the lead trader is a legitimate trader pumping low-dollar crap, and its not blowing through the roof when an alert goes out, then it is likely you are the only person he has subscribed to his alerts.
4) They want you in their Prop-Firm. First off, the majority of these proprietary trading firms that are offered to you the trader are scams. They are off-shore companies likely running out of someone’s garage, that is trying to avoid the scrutiny of the SEC. Better yet, newsletters want you in them so they can leverage you so much that one bad trade wipes out your account. And they’ll always tell you that you get to trade their money, but that is totally bogus. What they are really doing is putting their money in your account, but when you lose, you always lose off of your principle.
So what is in it for them? Easy, every time you place a trade, the newsletter/lead trader has a deal in place that allows them to snag $1-2 of every trade that you make with the prop-firm. Does that not make you cringe? Why do you think most of them are day-traders or even give their services away for free if you get in with their prop firm? Because they will make so much more money off of you by doing so.
And let’s not forget my favorite….
5) “EDUCATIONAL ALERTS” – they pump their picks for people to buy but then they use the disclaimer that these are simply “educational alerts”. What the heck is that supposed to mean!?! People don’t subscribe to simply watch other people trade alerts that are making them money. No, they are subscribing because they think you have a track record (which you probably don’t) of consistently helping others profit in the stock market through the lead trader’s trade setups.
Frankly it is a coward who calls their picks educational, because it is simply a self-admission that you can’t do anything with their alerts and they are pretty much no better than a fraud in the industry who should be ignored.
It is an unfortunate reality that so many of the trading newsletters out there are pimped by a bunch of con-artists who are simply churning subscribers through a marketing machine that simply tries to harvest another vulnerable trader simply trying to find his way through the stock market.
But there is an alternative and I’ll prove it….
The SharePlanner Splash Zone provides trades with actionable trade alerts (real ones, not the phony “educational” ones) that:
1) Trade the most liquid and most respected companies on the New York Stock Exchange. Many of them are listed on the S&P 500, all of them are over $10, and usually much higher, and have average daily volume of 2-3 millions shares traded.
That’s correct, I don’t need low-dollar, low volume stocks to make money for my subscribers. I go with the stocks that have less risk and better predictability to them.
2) I provide all of my past performance in a raw data format for all to see and I provide data going back many, many years. You’ll be lucky if you can even find someone who provides a full month’s worth out there, instead I provide everything! Click here to see my entire past performance.
3) I have members in 60 difference countries and from every continent not named Antarctica. Frankly put, if I traded low dollar/low volume garbage the volume would be enormous and since I am not a pumper, I don’t trade such nonsense. I stick to the legitimate, high volume and respected companies.
4) I do not belong to a prop firm of any kind, shape or form. They are, in large part, corrupt and something I’m not going to put up with. I offer the ability to auto-trade my alerts with Ditto Trade and other brokerage firms, but I do not receive any cut or compensation in return.
5) My swing-trade alerts are not educational – They are PROFITABLE! If I send a swing-trade alert out, it is because it is actionable and worth trading with managed risk and upside that is very desirable. And that is exactly what members of the Splash Zone do – they act on my trade alerts.
Sign up today for a Free 7-Day Trial to the SharePlanner Splash Zone and receive all my swing-trade alerts via my chat-room, email and text alerts (international too), and have access to me each and every day in the chat room where I work with numerous other traders to find the best swing-trading opportunities the market has to provide.
With The Splash Zone, you will get my low risk and high probability trade setups that no other trading service can offer.
Start Your Free 7-Day Trial Today!