avk
Dreadful Experience
Let me start by saying that I've lost 6 figures. I've now been a member of the service for three years. I've put up previous reviews that have been taken down. I've also called the number on their website and left a message. No one called back. Now the details... Huge losses on short positions...... look at the one star reviews.... NVDA, SMCI, AAPL, SMH, GE, etc etc..... all at huge losses (some more than 250% of original position) I've had margin calls and ended up closing the positions at huge losses. There are no real stop losses utilized in the services... The ones that they give are completely ignored - even when the position is down more than 250% (as is the case of NVDA). The responses are always the same.... we have thousands of happy customers, losses are part of the risk, etc etc. But where is the risk management? Are we not paying for the advice of master traders? The videos are deceptive... On the last SMCI video, G said that he may consider shorting when the stock breaks the upward channel... but what he didn't say is that he is already short and way out of the money with 18% of his portfolio. Did he forget? Unlikely. Prob a way to get newbie subscribers. The whole thing is a sham. We have shorted the entire 2023/2024 bull run. Are we early? Well..... we are down about 70% of the entire portfolio. So you can decide if this is the "winning strategy" Let me state that another way.... If you started just 18 months ago with 1 million dollars, you have lost approx 700K assuming that you are still holding all the postions and hoping for world war 3 in order to break even. Message to the service..... you have my number.... in your subscriber data and also if you ever listen to your answering machine. So if you wish to discuss this dreadful experience, please reach out. I'll update accordingly (but won't hold my breath). So... who wil you believe? The 5 star fluff or those who have actual details in their reviews. So just called the support staff (7/10/24).... as per the usual response so often given..... useless. No one can answer simple questions. How are we to avoid margin calls when its mathematically impossible given the trade signals. I asked to speak to a trader.... "no we can't provide that" . Can someone address the risk management strategy?... No. So whats the point of calling the support staff? They try to get you to book a private session with someone to address your "concerns". Losing 70% of the portfolio is not worthy of addressing unless they can get more money out of you. Thats Verified Investing. "We really appreciate your business and we hope you have a nice day" That was the extent of the answer I received. Think carefully before signing up.
Response from Verified InvestingJul 16, 2024
Dear avk, Thank you for sharing your detailed feedback. We take all reviews seriously and appreciate the chance to address your concerns directly. First, we want to clarify that we do not take down reviews. Reviews are only removed if they violate TrustPilot's guidelines. We value transparency and believe in learning from all feedback, good or bad. We're genuinely sorry to hear about your experience and the losses you've incurred. This isn't reflective of the experience many of our members have had. Many have seen long-term success through our services, and we strive to provide valuable analysis and education to support our members in achieving their trading goals. Our approach emphasizes long-term strategies and understanding that the market has its ups and downs. Also, we always provide stop loss levels with every trade to help manage risk. However, it is ultimately the responsibility of each individual trader to decide when to exit a trade based on their own risk tolerance and financial situation. We apologize if you felt unsupported by our Support Channel. We aim to provide the best support possible, and we regret that this wasn't your experience. We understand that you wished to speak to one of our Pro Traders directly which, between continuously providing content for our members, studying charts, and hosting live services, would not be possible to accommodate under their busy schedules. First and foremost, we want to ensure that our members continue to receive the valuable alerts, content and analysis that they've come to expect from our services. We appreciate your feedback and are committed to improving our services. Sincerely, the Verified Investing team




