Their claims are backed up by credentials, history, and client testimonials. They explain that they’re almost near the cutoff, as they don’t want the information getting out to too many investors, and offer you a $1 trial for two weeks.
Yet once you actually sign up for the newsletter, all you get is half-baked information and uneducated picks. You try to cancel your “trial,” and you find getting your subscription cancelled is nearly impossible. As unscrupulous as this sounds, this type of day trading newsletter story is all too common in the day trading world.
Yet finding a good stock trading newsletter can pay you great dividends. Not only do you get stock picks by a trader with a proven track record, you practically get to look over the shoulders of a proven pro and analyze how he thinks and why he makes his picks.
The trick, then, is in finding the profitable and reputable business. The best way to make sure you’re signing up for a legitimate day trading newsletter is to get a recommendation from a trusted source – A recommendation by a leader in the industry, or being quoted by a well known financial publication, or even a testimonial from a fellow trader, for example.
Whatever the case, it’s usually best to not give too much credit to what’s written on the sales page. While there are legitimate day trading newsletters that publish testimonials and track records, unscrupulous newsletters can also reproduce these are ways to build false credibility.
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