Honest - But not big guys experience
Today, I disconnected my subscription with bookingalpha after 8 months. I thought atleast give a review which will help traders like me and also booking alpha.
This subscription will only help people who is trying to do a discipline trading rather than trading with no knowledge. Atleast I became a better trader than before subscribing to booking alpha. Thats the best critic I can give to booking alpha.
1. Honest and transparent. Whats shown on the website is accurate.
2. He really works hard to get a good trade and stays on top of it till it expires or adjusts it or closes it.
3. Gives his detail analysis when he is getting into the trade.
4. Very good communicator
5. News letter is excellent
6. and Very affordable
Cons - 2011 is excellent and 2012 is disaster
I doubt on the hedge fund experience he mentioned on the website. Its hard to believe that he missed a whole 1st quarter of 2012 run. Most of the trades in 1st quarter are Bear Call Spreads. Example : QQQ. Total disaster. His analysis was market is running up and it needs to consolidate. Which went wrong. Starting April he went the other way selling mostly Bull Put spreads when market is coming down. That is the reason why I doubt his hedge fund experience.Also, his only exit strategies are roll over or close it for a loss.
I became a better trader now but I need to make money also when trading with the big guys at wall street. As other reviewer mentioned "Give me a jerk who can make money"
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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