Crowd-Sourcing The Testing of
Money Making Services
In case you weren't aware, there are what are called TIP, ALERT or SELECTION SERVICES online.
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They provide you tips on how to make money in many different industries, including:
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-Stock & Option Trading
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-Forex Trading
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-Horse Race Betting
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-Sports Betting
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-Futures Trading and probably others.
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The idea is they tell you exactly what to do and when to do it.
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In the case of sports and horses, they'd tell you what horses/teams to bet on and where.
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If you go to their websites, their results usually LOOK amazing.
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But those are usually best case scenarios and actual results may vary....and they often do.
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"Perfect record until..."
For Example...in April 2018 we reviewed a service called Day Trade Spy and their two options..."Secret Sauce" and "The Pick of the Day. We paid $400 for two weeks of these selections.
We followed 15 trading days of the Day Trade Spy "Secret Sauce" and "Pick of The Day" trade suggestions.Before we began, the secret sauce had a perfect record dating back to December 2017...no losers.Guess what happened during our 15 days?Three losers. And losers hurt because you're often risking hundreds to make $20 or less.
One loss and it will take you 10-20 trades to get back to even.
And some of the winners dropped 20-30 even 45% before turning around for the win.
Those kind of drops would scare some traders out turning our 3 losers into 6 or 7.
The "Pick of The Day" service only shows the last 30 days of trades on the public trade record and there were no losers on the record before our test.
During our 15 day trial there were 4 losers.
Our group had seen enough and we've moved on to test other services.
Members saved themselves hundreds of dollars in service fees and thousands of dollars in losses by letting me review a service before joining.
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You can waste a lot of time and money seeing what works and what works best for you and your schedule.
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To be clear, you won't be getting the real time alerts.
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You'd have to pay the vendor full price for those.
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What you will get is a delayed but FULL reporting of the alerts including what time they arrived, the instructions and the result.
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Here's an example...
You'll be able to choose which services you want to follow.
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The testing period will usually be for one month and you'll get access to a password protected page with our results and analysis.
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If it is, you can go to them to get your own full membership. If not, you've saved yourself time and money.
CURRENT TESTING PROPOSALS
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We are open to testing alert/tip services in all industries, including stock, option and forex trading, horse race and sports betting.
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If you have a service you'd like us to test, send it over.
We're starting a new round of testing on February 1, 2020
$97 per month
$19 one time to be a Profit Testers Member
6 members required to make this a GO.
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OPTION TRADING TESTS
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https://staunchtrading.com/
$199 per month
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