- Average closed position in 2009: 11.58% loss (with S&P500 gaining 10% in the same time)
- Current open position: down 33.71%
- Average closed position in 2009: 6.69% gain (with S&P500 gaining 10% in the same time)
- Current open position Stocks: up 6.98%
- Current open positions ETF: down 70.60%
NOTE: I am afraid Mr. Lansing is hiding some of his trades. As an example, in his Trending123 log he is not referring to his trade with CROX, where he lost more than 73%. The CROX details are here.
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4 comments:
I appreciate you making us aware of the real performance of these services. I personally get spam from most of them and often think to jump in just to try, but with those performances I think not!
Thank you for exposing all these frauds. I am often tempted to try these services but your blog is a strong reminder of how these charlatans just want to take our money and gamble.
Karl - Hiding a trade is fraud - send this one to the SEC, as well as Abelson and Brinelow. Also, post a link to each of your posts on the appropriate Stock Gumshoe newsletter reviews to get a jump in traffic.
Trending123/Lansing is very scammy if not an outright fraud.
Lansing closed his chatroom supposedly because he was busy with other things but imo it was because his calls were hurting many traders and he was getting more and more flack that he can't handle.
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