Inaccurate Returns, Delayed Exit Orders, Hefty Losses
What a farce! I can't believe people fall for this snake oil Kim is selling! If you look at his own performance page, you will see just how deceiving and untruthful it is.
Scroll all the way down to the bottom for a list of each trade and I'll point some out to you.
Kim uses 10% of the balance on the following trade, with a starting amount of 10,000.
Take a look at the trade that was entered on 6/2/14. The balance is 16,953. This means he will use 1695 on the next trade. His next listed trade was entered on 5/29/14 and earned 25%. That is 423.75 off of the 1695. Add that to the balance (16,953) and you get 17,376. Looks correct but wait, the 5/29/14 trade used a balance that was from the future! Only after the 6/2/14 trade was closed on 6/9/14 did he have the 16,953 balance. How could he know what portfolio balance he would have 4 days in the future?
Look at the very first trades at the bottom of his table. On 12/30/13 he starts with 10% of the 10,000 portfolio, or 1000. He earns 21.4%, adding 214 to make his portfolio balance 10,214. On 12/24/13 he trades with 1021 and earns 21.8% but again, the 10,214 balance is 6 days in the future!
You can see this throughout his entire table.
Can't believe I missed this before I joined last year. His alerts are sent out after he fills them so by the time subscribers receive them, the prices are different and returns can vary significantly compared to his own numbers. Sometimes if a trade gets hairy, he will hold on in hopes that the market will turn around. If it doesn't, he claims that he got out days ago so he won't have to report such a big loss. Look at some of his devastating losses last year (http://steadyoptions.com/performance_2013). You'll see numbers like -100%, -56%, -65%, -48%, -75%.
Don't trust this guy. If he can lose 100% or 75% before, he can do it again.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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