"Daily stock alerts" services are scams! Here's why. // Penny stock alerts, stock alert app, stock market scams, stock scams, trading stocks, trading options, penny stock scams welcome to looking at the markets with
David Moadel today's topic is going to be a little bit controversial and I
might not make a lot of friends with this video but that's okay
today's topic is daily stock alerts services are a bunch of crap
yeah that's a strong opinion but i'm going to do my best to back it up with
facts
all right here's a question for you have you ever seen daily trade alerts
advertisements boasting huge profits like these
check it out and I i collect it you'll see these on the web and I've collected
a few of them for you to look at
here's one that boasts a hundred twenty percent profit two hundred thirty three
percent profit 129 percent and so on
well is it possible that they're only telling you about the winning trades if
those are even real and not the losing trades i think it is possible in fact
it's quite probable in my opinion
besides if they really were able to double their money every day
why wouldn't they just do that all day every day
it's a good question right
surely they wouldn't spend their time building a website posting
advertisements blogs and videos posting on message boards sending out
newsletters and so on and they definitely wouldn't be spending all day
in a trading chat room which is what a lot of these daily alerts do or you know
that's what they advertise they do
instead they would keep their alerts to themselves and they would double their
money every day and become gazillion errors in a few weeks
they certainly wouldn't need your ninety nine dollars a month or whatever it is
that they charge for their alerts services because they advertise these
daily alerts
they're obligated to send you trade alerts every trading day even on days
when there might not be any good setups or any compelling reason to trade think
about that in your trading
I don't know about you but I don't find really compelling trading setups every
single day
maybe you do and if you're a day trader that's fine but some days
yeah I don't see anything that screams you have to make this trade and so it's
okay to take a day off for several days off or even longer if there are no
really good setups but since their daily alerts that their advertising they have
to keep sending you alerts whether you really need to be trading today or not
and something tells me that they might be making more money from daily alerts
subscriptions
then from the trades they're making if they're actually trading at all
you have to wonder right
furthermore their services and put that in quotes can be very pricey
now I'm not saying that they're all this expensive but some of them are and i
crossed out the the names because you know I don't want to send traffic to
them
this one and it took me a while to even find the actual price
they didn't even list it until i went to the payment page as if i was you know
just about ready to make a payment and this one is almost almost four hundred
dollars a month
it's 39 395 dollars a month I don't know about you but that seems to me like a
lot of money
here's another one and again I collected these from all over the internet and i
crossed out the name of the company here when you look at this you might think
995 it's not too bad well that's for the first 21 days then after that it's a
7495 a month and they have discounts but they're still pretty expensive even if
you buy multiple months and I mean buying multiple multiple months is
pretty risky because you know what if after a month or a couple months you
decide you don't like the service anymore but you bought 12 months and
you're probably going to be stuck and Ellen notice that the trial 21 day trial
price is in dark black font and the much more outrageous
in my opinion prices are in light grey
font there so you can
and the hand I can't even see them unless you look closely and i'll check
this out
how generous of them eighty-seven percent off special discount wonderful
and there
there's my commentary there yeah
if if this is eighty-seven percent off
what what's the regular priced I'm no mathematician but yes
doesn't seem like much of a discount to me here's another one
and you know there it is
monthly plan to pay only i love that only a hundred and thirty nine dollars a
month only cheese and you know they have a quarterly plan annual plan still not
not that cheap and again you buy an annual plan best value
yeah okay what if after a couple months you
you don't want it anymore you don't like it it's just not working for you
well it's I had some paths somehow i wonder whether they would give you back
your money for all those remaining months I have my doubts about that and I
don't know for sure but something tells me it might be stuck if you if you pre
put if you prepay for a whole year
there's another one get instant access as opposed to what they're going to make
you wait
of course I hope it's instant to cross that the name of the company here and
i'll of course you want to lock in your price before prices go up again
all right instilling some urgency and urgency and fear into you
so a bit but you know you can choose your plan fifty-nine dollars a month or
prepay for a whole year
still pretty expensive
in my estimation
sometimes you might see an advertisement claiming to offer free and i put that in
quotes their daily stock alerts consider their motives
if their stock alerts were so great
do you really think they would give them to you
a total stranger for free really think you think they're that generous amount
of mouth is it possible that they might try to extract money from you at some
point not to mention that they usually ask for your personal information like
your email in exchange for these quote free stock alerts and you know
don't be surprised if you get junk mail from these people for a long time to cum
in your email or or they could be pump and dump scams
you know with they're trying to pump some penny stock maybe
and then you know they buy it up and and then you buy it and then they dumped it
they sell it and now you're left holding the bag not saying they're all like that
but don't be surprised if that's what you get for these free daily stock
alerts as they say if it's too good to be true it probably is
or if it seems too good to be true it probably is
well in any case if there's one thing I don't offer its hot daily stock tips or
daily trade alerts for massive gains
please avoid these big promises and instead focus on realistic goals and a
solid trading plan anyway
if you want help with this you know I'm not out to try to give you hot
you know the latest hot stocks that are going to make massive gains that's not
what I'm all about
all right if you'd like a more conservative strategy or a plan and
overall plan so that you can I you know makes steady reliable solid non risky
trades on your own
and please feel free to give me a you send me an email and my name is David
Modell and you can reach me anytime at David Modell @ gmail.com thanks and you
know I hope you saved
I hope I saved you from my a lot of trouble and you know do your own due
diligence make your own decisions but you know I think twice before you
consider subscribing to a daily hot stock
alert all right thanks a lot and i'll talk to you again soon