HoosierDaddy
GBUnderperforms S&P Index Strategy I subscribed for the past year. During this time the service materially underperformed a basic S&P Index strategy. The daily emails and trade alerts are helpful clear. It is relatively easy to follow and implement the trades. The reason it underperforms seems to be focused around reward to risk ratios. The 1st target where they recommend selling 75% usually has reward to risk that is < 1.0 while the 2nd target is < 2.0. The targets can move before being hit, but the math behind this money management suggests that a high win ratio is needed to make the numbers work. When the market drops stops do protect which is good. But it is hard to make up the losses when the targets are so tight. Additionally, after stock prices drop causing stops to be hit, the new buy signals do not happen fast enough to allow an investor to get back in to capture the next round of profits. No question they have some winners, but the overall performance is not as strong as a set it and forget it index strategy.
David Lubin
GBThe might sounds of the Jungle I've been in Gorilla Trades for almost two years now and was disappointed in the beginning, since the Market fell and Gorilla Trades also took some hits, but since the Market has headed back north, Ken has been doing an admirable job with his Gorilla picks, with nearly every pick that I've bought showing gains. It's just a matter of staying the course and riding out the storms. David Lubin
Jack A.
GBI have used their newsletter but after… I have used their newsletter but after paying $499 for 2 years its been not worthy of it. I did make some money initially but after a while you mind as well be trading on your own. The stuff you need is not there but for someone who needs something to read I guess if you have $499 then spend it. I prefer more hands on approach to trading.
Carlos Gil
GBI never solicited their information I never solicited their information. They try to scare people in order to sell like most insurance people does.
Brian Edney
GBKudos to the Gorilla I have been a subscriber at Gorilla Trades for many, many years and what I specifically like is the adherence to a set of technical trading rules, which are followed to the letter. If one follows Mr. Burman's rules you will have far more winning trades than losing ones. The guidelines are clear and if ever I divert from the rules---very occasionally--I generally make an error. Great system, no b/s and well worth the subscription. Brian Edney