I recently had a trial of Schaeffer's Option Advisor and followed their daily option recommendations. Unfortunately most of the recommendations (I would say 4 out of 5) in last 2 weeks end in loss (some stopped out and some still in loss positions). I'm wondering how comes Schaeffer gained his reputation on daring picks? Anyone has experience with Schaeffer's? Please give your view here. Thanks!
He gained a reputation by selecting trades with a very high probability of winning. Then he had 80%+ winners, but he never tells you how the dollars turn out. Win small 80 times + Lose big 20 times = Bankruptcy. You do not want to pay for an option picking advisory. If they knew what they were dloing and if their system worked, they would NEVER sell it. Mark http://blog.mdwoptions.com/options_for_rookies/