Ralph
GBSilencing His Own Customers I posted a review a few days ago, told nothing but the truth and got a typical response from ITMS. They accused me of posting under multiple names, ignored my claims while saying they had been "noted and acknowledged", and then reported me to Trustpilot to get my review taken down. First of all, at what point has Gareth acknowledged the fact that he shorted the entire bull market from the bottom? Never. All he's ever done is lie and silence his own customers who point it out. It was surprisingly difficult to get Trustpilot to verify my review. I sent them multiple documents proving my former membership of ITMS and they finally verified and reactivated my review. Gareth will always opt for silencing and blocking people as a first measure. After that he'll lie and gaslight. In his response he asks us to reach out to ITMS directly so they can "actually do something to help us". Hilarious. Full refunds might be a start but even those wouldn't make up for shorting a bull market from the bottom over a year ago. I wish I could give ITMS zero stars. Avoid this scam.
Saheed
GBThe performance of In the Money Stocks The performance of In the Money Stocks, particularly their Verified Investing Alerts Offering, is terrible over the last 15 months. For example during this period, Gareth shorted SMH at an average cost of $138.95 on 1/23/2023, SMH is now at $226.64 (approximately 5% of portfolio). He started showing NVDA at $377.12 average cost on 3/22/2023, NVDA is now at $946.00 (approximately 12% of portfolio). He shorted GE at an average cost of $105.80 starting on 1/12/2023 (approximately 10.8% of the portfolio). GE now at $174. Recently, he shorted SMCI on 1/19/2024 at $516.32 (approximately 18% of portfolio) - now at $1,071. Those 4 positions would result in a loss of approximately $48,000 on a $100,000 portfolio as of today. There are many more losing trading in Gareth's portfolio right now including CAT, COIN, VXX, amongst others. My impression is that many of his Verified Investing Alerts subscribers are down well over 50% over the last 18 months, whereas the S&P is up well over 30% (an 80% differential). That is extremely poor performance. This service should be avoided.
W S
AUGarethSoloway is accused of lying about… GarethSoloway is accused of lying about a 97% win rate and making poor calls on Bitcoin's price, including predicting a crash to 9,000 BTC. [💔] Former Solway Trading Group members claim to have suffered financial losses and missed out on gains during the bull market.
John
GB"Beareth" Soloway getting wrecked since 2023. Been a member of Gareth "Beareth" Soloway ITMS for 2.5 years. 2022 he did well shorting during the correction. 2023 and 2024 he's gotten crushed, namely on his shorts. Two golden rules Beareth doesn't follow: 1. Doesn't set stop losses on his trades (also has no exit plan other then exiting @ roughly 10% gain for the books). 2. He's very contrarian and doesn't respect trends (trend is your friend). He initiates trades before indicators say to do so (he relies on simple trend lines for 90% of his trading). He doesn't consider moving averages, MacD buy/sell indicators. Most importantly his macro views/understanding have been waaay off last year. Called for gold to rip in 2022 and 2023 and for bitcoin to hit $8000-$12,000. He's focused more on building his YT channel, teaching retail amateurs the most basic of trading strategies (trend lines) and has moved away from focusing on his trades. People he's brought into his trading room (respectfully) are even more amateur, inexperienced without track records. Best value you'll get is watching his morning videos free on YT but even then you're better off learning technical trading and certainly macroeconomics from other folks.
Allen Crosby
GBWorstexperience Worst long term experience. I followed him for over a year, had a decent return, but then some truths came to light. He adds to losers a ton and never takes a stop loss. Past year he's been short this raging bull market and it's really hurt his followers. His tiny 1% account gains don't ever make up for his massive 12% account losses. It's all a smoke screen ploy to get more subscribers. He's not a good trader, he's a good salesman. THat's why his courses are absurdly expensive. His partner Nick is even a worse trader, his closed trades on their site shows absolute trash results. Con artists. Long story short, learned a lot of trash trading that I had to unlearn, but that was after I lost a ton of money. He embedded in my brain a massive bear thesis at the beginning or a raging bull. STAY AWAY