Gorilla subscriber
GBSatisfied with the Gorilla Stock analysis is great, but spread option suggestions not so much. Appreciate the emphasis of risk considerations, setting exit plans for investments, and the overall approach Gorilla Trades takes with stocks. With suggested option trades out up to 2 months in the future I'd like to see follow up offered on them prior to expiration along with suggestions for exit if price moves in the opposite direction.
Jack A.
GBI have used their newsletter but after… I have used their newsletter but after paying $499 for 2 years its been not worthy of it. I did make some money initially but after a while you mind as well be trading on your own. The stuff you need is not there but for someone who needs something to read I guess if you have $499 then spend it. I prefer more hands on approach to trading.
Al Lange
GBNo false promises! I've told many people about The Gorilla service. Instead of promising unattainable pie in the sky, the service sets realistic goals backed by sensible reasoning. For those who do not want a "set it and forget it" strategy and don't have the time or knowledge to do their own research, the service is perfect. They arm investors with actionable information and then they can pick and choose to be part of their investing process. I am very pleased with the service.
HoosierDaddy
GBUnderperforms S&P Index Strategy I subscribed for the past year. During this time the service materially underperformed a basic S&P Index strategy. The daily emails and trade alerts are helpful clear. It is relatively easy to follow and implement the trades. The reason it underperforms seems to be focused around reward to risk ratios. The 1st target where they recommend selling 75% usually has reward to risk that is < 1.0 while the 2nd target is < 2.0. The targets can move before being hit, but the math behind this money management suggests that a high win ratio is needed to make the numbers work. When the market drops stops do protect which is good. But it is hard to make up the losses when the targets are so tight. Additionally, after stock prices drop causing stops to be hit, the new buy signals do not happen fast enough to allow an investor to get back in to capture the next round of profits. No question they have some winners, but the overall performance is not as strong as a set it and forget it index strategy.
Brian Edney
GBKudos to the Gorilla I have been a subscriber at Gorilla Trades for many, many years and what I specifically like is the adherence to a set of technical trading rules, which are followed to the letter. If one follows Mr. Burman's rules you will have far more winning trades than losing ones. The guidelines are clear and if ever I divert from the rules---very occasionally--I generally make an error. Great system, no b/s and well worth the subscription. Brian Edney