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is not indicative of future performance or success.
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Independently of his outrageous claims, I’ve checked the strategy and I’m not sure how to detect if this is a scam strategy. I mean, the returns are very high, but he’s 100% TOS, and after being TOS certified he has made a trade of 300 QQQ shares @176.43, thats about $53,000. It seems difficult to me to think that someone would put so much own money in the game if this was an scam.
What is the red flag in this strategy? (I mean, apart from the ultra high returns, that I’m not sure how could be true)
Nemesis, I’m the owner of the strategy, I can share my computer’s screen with you and show you that trade at Interactive Brokers. Before I used to trade at E-trade and can show you 199.9% gain in 2017 in E-trade account. When C2 imported trades from E-trade, the performance numbers/graphs are a bit different but I assure you this is not a scam.
i dont think its a scam strategy. He just started TOS like 5 days ago. So technically to me its a brand new system. Im just making fun of these names we get “Millionaire maker” “Millionaire fund” “Millionaire Club” “Millionaire system”
I really look at any history except since his TOS. putting 50% of account balance in QQQ is not that risky. i havent seen any red flag yet.
good to see another system went on TOS. TOS is always a plus in my book. I hope he can keep up with the performance. Best of luck to him.
Aleksey, thanks for your offer, your strategy seems amazing. Lets wait some months and if everything continues like until now, me (and lots of people here!) will subscribe to the strategy
Before Millionaire Fund closed a bunch of trades on July 3rd, I calculate it was holding well over $4 Million worth of stocks. That’s far more leverage than you can get at any broker, hence the super-high return. (It’s a reminder that you have to manually check the leverage on a system before subscribing to make sure it’s realistic). Like Osutai said, now that it is TOS it is a brand new system and the returns will certainly be lower. However, the stock picks have been excellent this year and hopefully it will continue.