Quantum Loop/TraderAnyone have any experience with this concept being promoted by Garrett Baldwin? Has this been reported on before, is it real or a scam? If not perhaps Travis Johnson can investigate. Always concerned given the numbers out there and the fact I have been taken advantage of in the past with a good presentation.
Steve
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I would like to hear about it as well. Intriguing presentation, but I know now to check here first after wasting a lot of subscription money.
Me too. Got the teaser in an email from MoneyZone. Sounds too good to be true. The $2250 price is really steep, and the performance guarantee (opportunity to reap gaiins of 100x) is so loose as to be meaningless.
FWIW, MoneyZone had a similar pitch, but a testable perf guarantee, and when it was not met, they refunded my $ with no hassle. [Surprise!]
I believe he said he had a triple digit percentage gain in Kohl’s. I looked up the monthly of this stock for the past 20 years. It has moved between $30.00 and $80.00 a share. How is he going to attain those type of gains in a stock like that?
These gains are the obvious, isn’t it, through option trading.
That makes sense. I would assume way out of the money calls and puts. I watched part of his video and was turned off. I’ve been ripped off by another party with what looked like great potential. I decided never again. Congrats if this one is legitimate but my guess is it isn’t.
BIG O’s
The gains are based on Options from what I have seen. If you use a $ 5 option ($ 500 for 1 call option which is 100 shares) say for next month expiry, you can make more than what you spent buying the option if the stocks moves up say $ 10 or 15 dollars (just an example). However, not every one of the recommendations makes money (you lose too).
Is there any feedback from quantum members yet?
Yes, keen to understand what and who is really behind this and how reliable is the “Guarantee”. Are there some really independent reviews? I can’t see any right now.