InTheMoneyStocks.com complaints 11
InTheMoneyStocks.com - Live day trading room
Info is accurate on site, but things are left out. DISCA, RCON, IQ, CHGG are day trades turned into investments, since they have long passed the time frame for a swing. This is misleading to those signing up to the service for the first time. Those trades are missing from the site and the accumulated losses are quite massive with DISCA already costing Gareth over 50 K of his account.
This is the place where you will loose all your money. Pathological Liars! Especially Gareth. He plays with with endless cash compared to everyone. Do not be fooled by the winning numbers on their website. It only shows the successful trades. Few bad trades (as they happen often) are enough to destroy your account. They turn the bad day trades into swing...Read full review of InTheMoneyStocks.com
He shows / declares / talks only his profit making trades. All his huge losses on multiple trades are hidden and not mentioned. He never cuts losses. I suffered a painful draw down and said goodbye to his services after 6 months … now recovering. Hope this review helps you,Read full review of InTheMoneyStocks.com
InTheMoneyStocks.com - Gareth soloway
Very poor timing of entries. Huge drawdowns of 20%-40%. Holding huge losses for long periods of time with no recovery. My own personal day trading is keeping my account even. His trades are pulling my account down every day and I struggle to break even. Trying to sell of his losses slowly and get back to my trading style. Some of his trades are very good so I must give him credit for that.
Don’t think that the company www.inthemoneystocks.com is great and helpful. I invested money and after their speeches, I thought that I would get money. But I lost everything and when I tried to get any comments from the reps, they started to avoid me. It wasn’t professional from their side, but it was strange that they started to ignore me. I don’t think...Read full review of InTheMoneyStocks.com
I decided to try my hand at the trading and invested money on the website www.inthemoneystocks.com. I followed their trades and invested more and more, but in result I wasted money and got nothing from them. No money, no experience, nothing. The website isn’t suitable for people, who don’t understand economics and trading. They simply steal from you. So share this info in order to warn other people. Thanks.Read full review of InTheMoneyStocks.com
InTheMoneyStocks.com - Fraudsters and monday morning quarterbacks
Heyyyyy folks, nothing here but Monday Morning Quarterbacking and ego, move along. Where do I start with this mess of a site? Plain and simple, these guys are trying to sell you hype, they have big egos, and they ARE NOT even good at trading. They have minions who are incentivized to do damage control, so beware of positive reviews or people who try to argue with bad reviews. They self-moderate youtube comments (users JaredPagano Pauliewalnutz etc. are fake accounts to help pump). The ITMS guys were serial spammers back in the day and you can find relics of their shenanigans on real sites like iBankCoin and elitetrader. The review board at Investimonials for ITMS was taken down when moderators wised up to this. There’s a lot of skullduggery going on, so don’t fall victim to what appears to be a legitimate site at first glance.
On to the site. Gareth has an agitating voice and is full of himself. He is gifted with hindsight genius and a master of obscurity. “The market will either go up, but it can also go down, hence I am right, and will brag ad nauseum when it does” – you get the picture. “Proprietary methods” are just fib levels or simple support and resistance lines. The chat room is full of rank amateurs and Gareth’s track record is not even close to what he claims. You will never see any audited results, because they probably don’t trade real money, just milk it out of people who are eager to learn trading. When I say milk, its an understatement. They charged a group of unfortunate people $5k/pop to come to their Florida office and endure a 1 week Monday morning quarterback/ 20/20 hindsight egofest. Gareth claims to have been offered buy-outs from hedge funds to prevent the “proprietary methods” from going public – he’s a clown. They have no interest in helping traders, just taking their money. Don’t believe otherwise.
If you are like me, you were drawn to the site for its proclaimed “no hype” and the fact they are prevalent on Youtube searches for trading. In fact, all they offer is hype with no substance – vague calls and taking credit for trades they don’t do. I write this complaint because I was duped to the tune of $200 for this nonsense.
If you want a good laugh try out the 1-week trial, but be warned - your ears may bleed and you may vomit. If you pay the princely sum of $200/month, you’ll probably see another unpleasant video on youtube of Gareth’s well-fed Buddha-body in a hot tub bragging about how you were had.
The complaint has been investigated and resolved to the customer’s satisfaction.
In the daily recap video: 1) gareth will brag about trades that he did not make in the chatroom! 2) gareth will not take responsibility for bad trades that he called out in the chatroom. Do not be scammed by gareth and the daily recap video.Read full review of InTheMoneyStocks.com
I was with them for over 2 years, and was one of the first services I used when I was trying to learn this trade. Not knowing a whole lot at that time, I was immediately suckered into the "hype" of a "no-hype" pro trading service. Looking back now, they have taught me many valuable lessons. That is, what a truly successful trader is NOT. I'm now able to...Read full review of InTheMoneyStocks.com
I agree with most of the people here. While I like Nick for being humble and honest, Nick is most times too careful and you don't get many trading ideas from him. Gareth Soloway, as one person describe here, is just like a used car salesman. On the nightly videos, you'll be primarily listening to Gareth tell you how many winning trades he did during the day...Read full review of InTheMoneyStocks.com
InTheMoneyStocks.com - The site promotes &no hype& but he hypes more than any trader I have ever said
Educationally this site has some merits as Nick Santiago is a good teacher although he is not aggressive enough in trading so the site offers few swing trades. Gareth Soloway comes across as a used car salesman. The site promotes "no hype" but he hypes more than any trader I have ever said. Recently he posted the worse day trade of all time, ROSG, which...Read full review of InTheMoneyStocks.com
We are here to help
- 16 years' experience in successful complaint resolution
- Each complaint is handled individually by highly qualified experts
- Honest and unbiased reviews
- Last but not least, all our services are absolutely free