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by jyu
3883 days ago
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Monthly subscription to "stock tips" scream all sorts of shadiness. That and stating that there's the potential to make "103%" return when you're just cherry picking back tested data. There's a lot that could be improved, but if you really think you found a secret algo that works, I'd focus all my energy on gathering the evidence to convince others that it definitively works. From the information on the website, there seems to be no indication of live trading with this strategy. You may want to add details in how you have tested the different ways you can trick yourself, paper testing results, and at some point trying the ultimate test of live trading. Good luck! |
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First off I don't "cherry pick" data. Stock recommendations are made on a daily basis via an algorithm (crontab / php) while I'm at my day job. Right now the algo tracks 500 stocks, so I don't have time to cherry pick data for those each flavor of the week stock. So on 1/28/15 I got a signal to buy Amazon, that signal hasn't changed so it is possible to gain 100% return. It's also doing wonders for http://www.strategic-options.com/trade/stock/chipotle-mexica...
Where I do see your valid point, this could be perceived as a scam. Which ultimately becomes a marketing issue. I'm not really doing a good job of convincing an audience of the potential. I'm to much of programmer/data analysis, that I forget to market it to a general public. Jim Crammer on CNBC is a great marketer, but he is a pretty poor stock picker.
My newer strategy has been http://www.strategic-options.com/trade/alerts at $9.99, seems like it's pretty difficult to scam someone at that low price point.
The end result is I'm in need of internet marketer / growth hacker / seo guru...