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P3 trading system

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p3 trading system

Has anyone had any dealings with this service? Would be very interested in any comments from anyone who has had time to check this out! This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone. In the end, no matter how good the service may be, the buck stops with you. Learn the art and craft of trading and expect to put in many years and some hard earned money in the process. My blog is to encourage people to educate themselves with the TON of available FREE information on the internet. I think Wendy is smart and creative, and not meaning to ever bad mouth her. There are too many trading advisory services out there making very lofty claims. With that, they better be good! Yeah, nobody has the holy grail as trading say. Yet they all claim that they do! And Wendy Kirkland certainly claims she has the holy grail. You sound very naive. Wendy is a Con Artist. She used to have a Monday night open form. Not one person had. She has made a million dollars selling Hope and Changenot a system that works. She has reinvented new names for her con over the years. I asked for my money back and he told me to whistle Dixie. What they are touting are common strategies which are complex for starter traders, paper trade until you are comfortable system then start with small plays! Thanks for the excellent post, lots of mail coming from North Carolina home of the unbeatable trading systems. The ad copy is very effective and the price seems so low for a lifetime of trading success. Why would anyone work if trading was so system The weekly options systems are also fun to read. Thanks trading to stock gumshoe for saving us from ourselves. Seems a All these newsletter services com from the same source tradewins and they all have a sad story of how they were devasted they make their money selling news letters. Stephen, Wendy has a lot of friends paid or not that will support her. I call it the liars club. I would be curious to know the number you have identified and some of the sources where I can help you keep up with these individuals. Stephen just told you what he experienced. As Stephen noted, it is excellent for timing entries. I have added other items to use in addition but Stephen is correct. Hi Bob, did you system re-sign for another 6 months or 1 year, whats the latest on your situation, or did you just run away. My friend is just about to plunge 22, He asked me to give you his email address agaskill maalnet. I know of only one such web-site that is successful and its cost is extremely affordable. Hey Him, Would you be so kind to give me the name of the web site that you mentioned that is successful and affordable? He asked me to give you his email address. He asked me to give his email address. Jon, it is now nearly 2 years since your post. If it sounds too good to be true, most likely it is not true. I also have my own spread systems that have good promise. Also how come WENDY herself defend her service after reading so many negative reviews? There must be truth in those reviews. Thanks soooo much to all of you for taking the time to save some of us from another lousy investment promotion. She posts a tremendous track record too good to be true? Thanks so much for people sharing their experiences, trials, and tribulations. Without you folks posting above I must admit I was thinking about going into her program. I will tell my dear friend about this hoping that he will save his money. Thanks for your advice Victor. I will have to learn much more before trading options. There were 99 total trades with 74 wins and 25 losses. I can fax this to you. So, you are the first positive I have seen here. Are you still trading the MERIT system? What has been your biggest loss, biggest win? Rufus, you say you assume she actually made these trades. If so, maybe YOU can authenticate these trades. I save much money and confidence by checking here before wasting money on fraudulent track record backed promoters. Grerat and informative comments. Good ttrading to all. Jack, I think selling put options is generally the way to go. That involves a lot less time than buying calls. I think many folks complaining here are those who subscribed to her service as opposed to trading using the P3 system to suggest good entry points. As I noted elseshere, the P3 works much better in a positive trending market. And you do have to add some expertise youself; you cannot just buy and check on it every week or so. Folks, stand back trading take a look at all these posts… if it if it sounds too good to be true what is normally the case? Thank you so much for your thoughtful and generous advise. Of course no program will work without some effort, but sometimes its hard to know what to do. I will certainly put some of your suggestions to the test. It is truly tragic that uninformed folks lose their hard earned money on these scams. Has anyone tried reporting this ruse to the authorities? They know the laws and they work around them. Who knows; but always, buyer beware. Gumshoe for being one of the few straight-shooters in the business. Robin, Thank you for adding your comment. I can not be sure if you bit your tongue to contain anger from plagiarism for many years or if you now feel the time is right to share the truth with a big smile on your face. I know some consider copying others efforts to be a compliment but really, to rewrite, repackage and profit from others work, how low can you go. Again, thank you for sharing the truth and great trading to you. Thanks Robin for your input. I will definitely stay away from her. Too bad she did not give credit for the idea and the mission statement. That is especially bad to me—I teach at the Air Force Academy. Doing that in a paper will get you brought up on Honor charges that could lead to expulsion. The last few comments hit the nail on the head. Wendy makes her money selling her courses not trading options. Whenever a service ask for a large amount of money up front it is probably a rip off. Look for a service with a monthly subscription that you can cancel anytime. Lyonel, Thanks to all the people out there who took the time to send gumshoe. I like trading and am looking to learn and follow a good system. Thank you again and thanks gumshoe. This site and Stock Gumshoe publications and authors do not offer individual financial, investment, medical or other advice. Nothing on this site should ever be considered to be personal advice, trading or an invitation to buy or sell any securities. We also make mistakes and bad decisions sometimes, and our reasoning or data should be checked against trusted sources before they inform your investing decisions. Choices regarding how to invest your money or otherwise manage your life or finances are yours, we share only our analysis and opinion and all authors or commenters are individually responsible for the words and opinions they share here. Please read our important disclaimers and policies. Stock Gumshoe is supported by subscribers and by sponsors and advertisers. Stock Gumshoe's employee authors will disclose holdings in any stock covered at time of publication and will not trade in any stocks written about for at least three days after publication. Please see below for complete disclosure, disclaimer and policy information. Stock Gumshoe Stock Gumshoe Login Become a member Join. Most Recent Articles Most Popular Premium Content Articles by Author. Reader Started Discussions Most Recent Comments Most Active Discussions Start a Discussion. MERIT PAYCHECK — Trading the QQQs. Posted In Guest ArticlesOptions or Futures Tags. Click here to subscribe to this comment thread. The results she promises seem too outrageous to be possible. Finally I found a blog written by a trader who knows Wendy personally, has read her books, has traded using her system, and has moved on. January 15, 1: February 16, 5: May 25, 8: August 19, June 8, 1: March 1, March 9, March 20, 4: May 1, 8: January 16, Actually, if you use the P3 system in up markets, you will make money. I have been using it for several years successfully. However, if you learn about options, as several here have stated, and apply the extra knowledge you would then bring to the table, I think you can do quite well with the P3 system—just beware of the limitations. I did not see this thread when it started or I would have commented then. June 6, 3: March 28, 9: Having traded options for years I can tell you that there is absolutely no free lunch. However, trading options for aliving is a pipe system for most people. April 14, 1: I have friends who trade options for a living so I know it can be done. I trade options and have made good money and lost some also. It all depends on that individual and if they will apply themselves and take the time to learn. No one in their right mind should believe a newsletter that boast of never having any loses. This is not being honest and forth coming. June 24, 4: April 15, 2: I have traded for over 30 years, primarily options. I have combined it with other systems to be most effective. I usually go further than one week out so that I can sell weekly options against the position to turn what may be a small loss into a profit. It is importantas in any other system, to minimize losses. This is up to the trader to position this. June 29, July 11, 1: March 31, 6: March 19, I used her autotrade service. Every month was a losing month. I trading her operation to be less than professional. On numerous occasions on the alerts she would send out the wrong call i. They obviously just cut and pasted from previous alerts without checking their work before trading it out. Her guarantee states you have to have lost money for a full year before you can get a refund. September 17, 7: October 23, 2: November 10, 2: May 1, 1: They said I passed the 78 hours time frame which were never disclosed in the website or the email or the order confirmation I received. Her materials were back ordered for over a month. They said had to wait a year to get refund. Who would want to wait and loose more money with her system. Majority of her alerts were loosing trades. Very unprofessional customer service. They were very nice when you tried to sign up, assuming they were system some commission. August 18, 9: Bob, you did not read her guarantee correctly. She cannot, and does not, guarantee what YOU will gain or lose. That depends entirely on how trading place your trades, when you take profits and where you set stop losses. June 2, November 30, 4: March 19, 3: March 25, 9: So far, I do not even have a profit. After experiencing at one point 4 out of 5 trades with full losses or almost full losses I stopped trading her trades live and have been paper trading them so I can document my claim for my refund. Someone said she is smart. That may be but it is not in trading. November 22, 8: February 16, 3: Hi Elton My friend is just about to plunge 22, May 1, 2: June 7, 6: April 7, February 20, 8: April 14, 9: April 22, 4: April 30, 9: May 1, It seems she also tried to trade more contracts on the heels of a loss, resulting in bigger losses. June 14, July 5, 1: March 29, 5: It would be helpful if the more recent comments were posted first! June 15, June 18, January 2, June 18, 6: I appreciate this site. This is my first visit here and it was to check on Wendy and her Merit System. I doubt that I will try it. However, I have a question about why everyone so consistently lost money. Was your failure because you were not able to get your trades off fast enough after being notified? In other words, had the market typically already run away from you within a few minutes after she recommended the trades. She claims that she makes actual trades and e-mails them to her broker— when she sends them out to subscribers. June 19, By the way, I wish i had found this site before I allowed Highland Stone to lose half of my IRA. I was considering this one since I have determined that repetitive trading of a vehicle like QQQ system have potential. Also, look carefully at the dates she publishes to prove her track record. The recent ad displays a one-year time period from the spring of until system spring of June 20, All, A little background first: I am very active selling options and make my living doing so. I am semi retired residing in the Republic of the Philippine Islands. Because we own a home there is no rent to pay and expenses are very low for us. Needing little money, I sell OTM Out of The Money option contracts and most often watch them expire worthless then rinse and repeat. I have been at this a good number of years. When I first watched a webinar with Wendy several years ago, she offered a free download. July 11, 7: October 22, 6: May system, 6: June 6, 4: Just a few random thoughts that might be helpful: November 16, 6: I trade TOS and can still buy back with no commissions when price is a 5 cents or less. Fidelity allows this when options are 10 cents or less, but the original commissions are much more at Fidelity. I was not aware of the tax advantage on SPX. I will have to look into that. I took a course from Trader Travis five years ago. I felt that I learned something about trading and about myself as a trader. I did fine but stopped for health reasons. Maybe less available, but better results. February 8, 7: I was a hair from buying this, I truly believed. I am surprised, but grateful for the advice. Jack and Rich have given me a lot to think about as I have a fair understanding of her system. March 5, I wish the posts were listed descending, from the most recent post to the oldest. They did for me. April 1, 2: Trading in a bull market is different emotionally than in a secular bear market. Most analysis comes through second and third parties. I asked three questions: No answer to any of these. May 15, 1: Has anyone tried this service? I called and let them know that I was very upset. The person I talked to was very understanding and was gracious enough to extend my subscription another 6 mo. June 6, 5: June 10, 9: July 22, I am currently using her Trading Paycheck QQQ advisory and her P3 newsletter. I have read the books and watched the videos that came with the programs as well. I have pretty good understanding of what she is trying to teach. I have made money and lost money. The QQQ advisory just deals with the QQQ index and those trades last a few days. The P3 system deals with equities and it can take longer for those trades to unfold. Here is what I have learned: Shows you how to recognize Call and Put opportunities. October 1, 2: February 22, system March 2, 6: November 30, 5: December 2, 9: What you eventually realize is system all of them make their money NOT by trading, but selling their worthless advisory services, books, etc. February 14, 9: In the year Wendy took a beginning options class from me in Asheville,NC The class consisted of 5 sessions to get people introduced to chart reading and options. Almost immediately after Wendy took the classes trading started to host people in her home as I did and become a teacher. She took much of the same information I had put in my teaching manual ,and passed it on as her own and much of the info is in her first book. May 25, 1: May 25, 6: May 26, Robin, do you think the PPO or the MACD system better with the ADX indicator in a squeeze? February 18, 8: April 23, Or insist that they give you a free trial period of at least 60 days preferably Look at it this way: You can get a pretty good idea if a system works in that amount of time. If it does work, any idiot would be willing to pay the entire fee. In short, they have nothing to lose if their system works as advertised. May 25, 3: May 23, 1: BECOME A MEMBER Premium Membership Free Membership. Venture Gold from Curzio, plus A Few Buys and a Sell in the Real Money Portfolio 2 Comments Read More. Friday File, part two: A Look at some Goldies 14 Comments Read More. Resources Disclaimer Email Privacy Policy Privacy Policy Terms of Service Discuss About Contact FAQs Archives Connect with Travis website trading by Gravity Switch.

05.01.14 Wendy Kirkland on Explosive Patterns

05.01.14 Wendy Kirkland on Explosive Patterns

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