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  #1  
Old 05-29-2010, 07:25 AM
tradergal8 tradergal8 is offline
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Parabolic Options - John Lansing

I recently subscribed to this service and am looking to see if anyone else is or was a subscriber or knows of any good or bad experience. Thanks.


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  #2  
Old 05-30-2010, 11:53 AM
Meri Widow's Avatar
Meri Widow Meri Widow is offline
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Re: Parabolic Options - John Lansing

I think that site has some issues that would prevent some investors from taking a chance with them.

parabolicoptions.investorplace.com

Click on Disclosures & Disclaimers and you see:

Quote:
Investing involves substantial risk. Neither the Editor, the publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from using the Newsletter. While past performance may be analyzed in the Newsletter, past performance should not be considered indicative of future performance. No subscriber should make any investment decision without first consulting his or her own personal financial adviser and conducting his or her own research and due diligence, including carefully reviewing the prospectus and other public filings of the issuer. To the maximum extent permitted by law, the Editor, the publisher and their respective affiliates disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations in the Newsletter prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.
If you aren't suppose to take the information in the newsletter as advice on what to invest in and are suppose to consult with a financial advisor, just what is the newsletter for?

Quote:
The Newsletter's commentary, analysis, opinions, advice and recommendations represent the personal and subjective views of the Editors, and are subject to change at any time without notice. The publication by the Editors of a "target price" or "stop loss" for a particular security does not necessarily represent the price at which an Editor intends to sell or will sell any such securities that the Editor may directly or indirectly own.
That means whatever is printed may or may not be their current opinion and they may or may not have taken or will take their own advice.

Quote:
The information provided in the Newsletter is obtained from sources which the Editor believes to be reliable. However, the Editor has not independently verified or otherwise investigated all such information. Neither the Editor, the publisher, nor any of their respective affiliates guarantees the accuracy or completeness of any such information.
So, no one verifies anything that is printed, everything and everyone is believed, no matter how outlandish or impossible the return on investment might be.

Quote:
The Newsletter is not a solicitation or offer to buy or sell any securities.
Then what is it?

Quote:
Subscribers may submit questions to the Editor by e-mail to Parabolic@OptionsZone.com. However, since the Newsletter is impersonal and does not provide individualized advice for specific subscribers, the Editor can only answer questions of a general nature about the markets or specific securities. The Editor will make every effort to answer subscriber questions on our Web site ParabolicOptions.com or in the pages of an upcoming issue of the Newsletter.
Translation: when you email the Editor, he will ignore your question.

Quote:
Neither the Editor, the publisher, nor any of their respective affiliates is responsible for any errors or omissions in any Newsletter.
Are responsible for anything? Do they even run spellcheck?


Click on Privacy policy and you find:
Quote:
Some e-letter issues include advertising, clearly marked as such. By registering to receive our email from InvestorPlace, you also agree to receive email announcements and special offers from our partners. If you are a subscriber to our investment newsletters, you will also receive information regarding your newsletter authorís site and/or service. Occasionally, we may write to you at your email address with offers from carefully screened companies that offer products, services or information we believe may be of interest to you.
Spam, they send it and so do others.

Quote:
We neither rent nor sell your email address to anyone
But what about trading your information to another site for that site's customer list? What about that site themselves, their partners and 'carefully screen companies' (aka: ones that traded for your email address).

Quote:
We collect your postal address as part of the order process. We use it to send you the free special reports you have requested, newsletters that you have purchased and special offers from InvestorPlace Media LLC. We may provide the names and postal mailing addresses of our subscribers to carefully screened companies who offer products, services or information which we believe may be of interest to you
Snail mail spam, they send it and so do the 'carefully screen companies' they traded your address to.

Quote:
Any other information you provide us, such as your fax or telephone number, is collected by us only to fulfill subscription orders that you have purchased or to contact you about our InvestorPlace affiliated services
More spam, this time by telephone.

In conclusion, they say the newletter is not to be taken as advice, they themselves won't do what they have printed in the newsletter and won't investigate or verify anything that they have printed. They will spam you themselves by email, snail mail and telephone and so will anyone they decide to trade your information to.
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  #3  
Old 06-01-2010, 07:02 AM
Once Upon a Time Once Upon a Time is offline
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Re: Parabolic Options - John Lansing

I don't see anything really wrong with their disclaimers. It's just standard language that the fluff artists are required by the regulators to use so that when you lose money they can't be held responsible and you have no recourse to get your money back.

It's the same as any of the other sites of this type, you are essentially paying for 'entertainment' and if the entertainment is unprofitable it's about as actionable as suing a casino in Vegas.

I do have a problem with:
"Our Promise to You:

Double Your Money Once a Week,
on Average, Throughout the Year"

That sounds like a guarantee of profits to me and anyone who guarantees profits can have their butt handed to them either by the regulators, or by a judge in a reparations case.

I know that sites like these proliferate either because people are uneducated about trading, or they are able to suspend their common sense to believe that they have found the one site that is able to do this successfully without any sort of documentation or real money proof of profits.

There are some of these dopes who send me their brand new sites at least once a week, and I'm not sure why they think that even though I wasn't stupid enough to fall for the last 23 of them, number 24 might be the one.


Last edited by Once Upon a Time : 06-01-2010 at 07:04 AM. Reason: mis-spelling
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  #4  
Old 07-26-2010, 06:50 AM
parauser parauser is offline
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Re: Parabolic Options - John Lansing

If you recently subscribed to Para. Opts. then you may be aware that the last set of options trades went bust. I subscribed to this service in March of this year. The first three rounds of options recommendations paid off well. I nearly doubled my money. However, the last set of options trades expired worthless. I invested my recent gains and now they are gone. I had sent an email to John Lansing about two weeks prior to expiration asking him about time erosion and its effects on the options values. I also mentioned it would be better for him to admit the plays were not panning out and to sell and cut our losses. The reply from his office came from one of his staff stating that my email would be forwarded to Mr. Lansing and that if he had any additional information he would send out an email. Turns out he was on vacation that week. The market moved up and the options plays collapsed. The following week was expiration and he continued to advise subscribers to hold their positions and not sell out. As I said, they all expired worthless. Given he had previous three rounds of profitable options trades, I can't say as yet if his track record is really good or bad. My advice is to understand options, read multiple other analysts reports on the markets, and follow your gut instinct. Yes you pay for this service and expect expert advice however, Mr. Lansing is human and prone to error like all of us and I could expect maybe half of the trades to fail at worst. However, one more round like this last one and I am finished with Parabolic Options. He also runs a day trading service and sometimes I get the impression he is approaching options trading like he does day trading. That to me is a reckless approach to options. Good luck with your trades. I am stepping very carefully with his current round of trades.



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  #5  
Old 08-24-2010, 02:23 PM
microchips microchips is offline
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Re: Parabolic Options - John Lansing

This posting may be of use to someone hopefully. At the beginning of July i joined John Lansings Day Trading paying approx £400 for two months of live trading, he recommends you have a day trading account which must have a minimum $25,000 to be able to trade. I did not trade for the first three weeks because it took that long to open and fund the account with IB brokers. The first day i was advised to enter 9 trades that had been held over from previous days and John was expecting big moves down in these stocks; guess what? apart from one the rest expired worthless despite repeated questions concerning the options held, he advised people to sell calls (naked) people who purchased these options lost a hell of a lot of money in a short space of time, gladly i could not participate in these calls because my options had fallen well below the $25k mark needed to operate the account. It cost me £400 in expert advise to loose $15k in three weeks. The man is a legend in his own mind and is full of hot air; i made approx $1k on the day trading site before my account was made cash only. Day Trading has at least 326 subscribers to the site, i know this because when you log in there is a member counter in a window, 326x£400 =£130,400 not bad for crap advise, so anybody thinking about joining the site DONT. A good site for options trading which i am a member is Options Success which has updated charts and daily trades etc and is reasonably priced to boot, all the best Nick.

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  #6  
Old 08-30-2010, 07:58 AM
parauser parauser is offline
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Re: Parabolic Options - John Lansing

microchips (Nick), what is the success rate with OptionsSuccess.com? I am leaving Parabolic Options and am looking for a more reputable advisory service. I already have a brokerage acct with TD Ameri so all I need are the trades to enter. I assume, based on the information at Options Success website, that I would not necessarily need the trading package being offered. Lansing has lost his ability to spot profitable options trades and now it is time to go. Please advise me on Options Success success rate and any other info you think is important.

Thanks,
Tom

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  #7  
Old 09-06-2010, 01:03 AM
microchips microchips is offline
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Re: Parabolic Options - John Lansing

Hi Tom, John Lansing has lost the plot and i wish i had never heard of him but you"ve got to move on. As for Options Success i would recommend buying the basic package because you seem to have trading experience, they do not go for Iron Condors, strangles etc; they mostly go for puts or calls and i personally have had approx %75 success rate with them even more if i had cut out of the losing trades sooner!! One big factor which i like is that they do live webinars once a month and go through various set-ups these events cost nothing but with me living in the UK its 3 am because of the time difference when i receive them.They have live update tables on various stocks which is very helpful and makes it far easier to make a decision on which trades to enter. All the best Tom if you need anymore info please ask, Regards Nick

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  #8  
Old 10-14-2011, 07:00 AM
gptilc gptilc is offline
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Re: Parabolic Options - John Lansing

Hi I have been trading with John Lansing for about 5 weeks. For the most part he appears to be pretty good with his trades suggestions. I have followed his trades closely, almost minute by minute. I have noticed he is too liberal taking credit on a trade that was almost impossible to either get in at his recommended price or get out at his suggested target. This past week I put in a trade at his suggested buy and it never traded that low. two days later he said sell but it never got to the target on that day and yet he claimed a profitable trade. Also, he never talks about the option trades that go bad and he losses 95% of the money. gptilc


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