Excerpt from: Public Comments For Critiqued/Reviewed Business Opportunities
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| May 09, 2008 | | Stay at home trader give some proof on the inaccuracy of Steve Sarnoff's picks | | Review...
I agree that Steven Sarnoff's performance numbers are bogus. It might be possible to trade his picks profitably as I noted that he gets about 80% of his gains within 10 days of the trade and takes 80% of the losses after 10 days. But this is my own research of the limited number of picks I followed. If you want to know what you are in for as for the midweek review of 1/10/08 then count the number of times 'nominal value' is used in conjunction with the picks. Some picks will double or more but these are typically hot picks and a number of times on these few big winners, my order could not be filled. My account went from 48k to 10k in 6 months. It would have been worse if not for some outside good picks. | | |
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