D.C.
---------- Forwarded message --------- From: Dilworth Cannon Date: Tue, Sep 29, 2020, 10:15 AM Subject: To: Cannon, Dilworth D.C. I joined Swing Trader on May 21, 2020, and am quitting on Sept. 30. I have compulsively entered every trade (missed about 2-3 trades) including shares, my transaction price and amount, the alert price, my profit/loss, Swing Trader profit/loss based on their alert price, my delayed buy impact amount, my delayed sell impact amount (combining delayed buy and delayed sell impact = $20,515 loss), my projected ARR (12.5% profit), and Swing Trader ARR (from 5/21/20, 62.7% profit). I have a son who is an expert in constructing Excel spreadsheets and he helped me with this. I estimate that my transactions based on the alerts (both the app and Gmail invariably come in within 2 seconds of each other) are carried out within 2 minutes of the alert in most cases, maybe 10% an hour later. I am disappointed that Justin Nielsen did not respond to 2 friendly emails from me. I think that their success has gone down since Mike Webster left. I think they should stop trading for a while since the market is in correction. Analyzing their trading exit dates, from 9/4-9/24, they had 17 losing trades and 4 profitable trades. That is unacceptable. Some of the reviews have missed the point that Nielsen and I guess Chris Gessel delay 30 minutes after the alert before making any transactions in their personal portfolios. My son astutely made a suggestion that they should have a hedge fund that we contribute our money to, and pay a fee to them for doing the trading at their alert prices. They would make money from us, and our performance would be significantly better.
1 year ago
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