I only tried the 2 week free trial to his stock service, Levittbrothers (LB) is not bad. Jason is very knowledgable and diligent, exceptional teacher/communicator, but the setups did not help me, so I couldn't justify spending $60/mo on a membership. I do well independently so I sort of have high standards and feel a newsletter should pay for itself almost right away, in this case within 2 weeks, to be worth your time.
First of all, the performance of the stock picks at LB was never clearly stated.... on top of that, he has a extremely short trial period of only two weeks (Interestingly, his options newsletter does state performance and gives a longer 4 week trial period). Furthermore, he only gives you a "sampling" of his picks but ONLY the winners and doesn't give you the selection process used to comes up with them. It's sort of difficult for me to assess the performance when I only have the numerator of the proportion to work with.... anyhow, I kept track of the gains and losses of the two week trial... and found that the expected value of these setups is between 1-2% over ~ 1-2 weeks. So about 25% of the time you'd get a nice 10%+ gain, but the rest of the time you'd be lucky to break even or be slightly in negative territory... I was sort of hoping for something like 50% of the time to get the 10%+ gain and break even on the rest. I should note these numbers were based on a fairly large number of setups but were unfortunately over a short period of time and so are admittely inaccurate... it would be interesting if others have a more reliable assessment over a longer time period.
Instead of LB, I recommend going with Brian Shannon's premium service at the same price because I think Shannon's repuation as a successful trader is better established. Shannon's videos and demonstrations are better too. I think both Shannon and LB are probably both good, but I'd have more confidence with Shannon. It would be nice if you could use ivbucks to purchase at least a one month membership into each of these services to see for yourself!! hint, hint, nudge, nudge
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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