PeloSwing

Anyone can make money when everything is going up but during a correction is when it counts. Pelo failed big time on this latest correction. Had us buying calls on the way down and puts on the way up.

“Peloswing didn’t hold my hand and tell me when to sell” know what you can lose and set your stop losses before joining. Not all trading strategies are the same and not all people have the same amount of money to lose. Peloswings gives us great trade IDEAS and we can choose to follow them or not. If you set your stop losses and move them up as the options and or stock go up then you won’t lose big and win small. Not to mention, the price of the group is far cheaper than a lot of other groups out there. I’m in Other groups and none of them hold your hand and tell you when to sell for a gain or loss. So if you’re looking for a group that you need talked through every trade then this one isn’t for you. If you’re looking for group that has a lot of winning trades then this one is for you. Sign up and make some money

So overall I think Peloswing is a mediocre service. The price is fantastic. The issue is that there’s never any updates on losing trades. With winning trades we get constant updates on how high of a percent the trade is up. But any time an option drops below what we bought for, it’s radio silence. The issue then becomes do you hold the option and it possibly loses you more money or hope that it reverses. It would be great if we got guidance to help with our decisions. But most times it’s on us which has led to many situations where I’ve either cut too early and the stock moons a day or few days later or I keep holding and the option keeps tanking. Unfortunately whenever there’s a winning option shared, usually me and most people with small ports will sell earlier to lock in profits. This issue then turns into small gains on wins and large losses on losers which results in the overall portfolio decreasing. Unfortunately that’s what’s happened to me. Despite Pelo having a good track record with picks, there’s weeks like this week where the market tanks completely and all gains made in the last few weeks are erased. More risk management and communication on losing trades would be appreciated