Kumar R.
Bubba Trading- Heavy draw downs. No Trade Management.
I joined 3 of his services. 1. Spy Trading 2.Equity Portfolio Management 3.Ratio Trading/ Futures Trading / LOD trading . They call this with different names. All of these are with autotrading which is what I wanted. There were no trades for 3 Weeks on Spy upon my joining. I got refund. In Ratio Trading it seems they enrolled lot of subscribers with much less capital. Upon the first trade many people were served with margin call. It wasn't offered to public earlier, but seems Bubba does it in his personal account. I got money refunded for this too. I went with Equity portfolio management (EPM). Don't be misled by the name. It is basically options and Option Spreads. I funded my account with 35k . Out of this 25k was for Equity trading and 10 K for Spy. In EPM he made a number of trades on Friday. Monday morning I saw my account steadily growing to 37k, 39 k , 41k and by the end of the day it was 45k. I hoped that Bubba exits most of the trades. Tuesday the account started growing further and by the end of the day it was 52k or 53k. I hoped that he would exit the trades on Tuesday. These were due to Trump no tariff tweets. Wednesday it started falling down to 45k to 41k and so on. This was due to clarification from WH that there would be tariffs . My account fell down to 37 k. Still no exits. On Thursday President reiterated that there would be heavy tariffs and my account fell down to 23k. So 30 K wiped out in 2 trading days (from 52k or so to 23k). Really panic set in me. I waited till Friday by which time many trades are expiring and need to be closed one way or the other. Then the market recovered a little bit. I Contacted Target trading who enrolled me into this program and wished to exit the trades manually. They said that I could exit manually if I wished to. I emailed Bubba and asjked why did not exit on Tuesday. He wrote back saying that " Stop Whining and Start making Profits" Really ? That week end he had weekly recording in which he said that when there are outsized gains back to back, reversals should be expected and losses are part of trading. What a great wisdom? Why did this not dawn on him Monday or Tuesday when there are profits just for closing the trades. He posts nice quotes like " There are no Stupid Questions ..... " However he looks down upon anyone that disagrees with him. Those Quotes are simply there to make you feel good. He does not repect those quotes. So auto trading is really for trade entry and roll over only. He does not seem to monitor the trades especially when there are good decent profits. He does simple calls /puts and and pairs them with put Credit spreads and Call Credit spreads. When he gets the direction right it is OK otherwise you will get into heavy draw downs as Credits / Puts lose value and you have to buy back credit spreads at 3 to 4x the credit you got. There is a good chance that in two back to back weekly trading your account will be wiped out. Luckily I stopped auto trading and stopped trading



