Fous Alerts is just one of many penny stock newsletters that I follow and comment on. I write honest reviews because I know that everyone has different wants and needs and different styles that go with them. One thing that is required no matter what you want, or what your style is, is the need for honest information. I truly believe that with honest reviews on every site I can match you, the end users, with the service that works best for you no matter what it is that you are looking for.
These are my recommendations for this service:
Minimum trading experience: None required
Account size: Medium+
Time commitment during trading hours: High
Time commitment non-trading hours: Low
Ability to withstand losses: Medium
Expectation of profits: Medium
I joined his service in July of 2013 and have been watching his trades ever since. While I can’t update this page every minute, if Cameron’s track record holds true, the list to the right (all his trades) will show about even amounts of green and red, described in more detail here http://pennystockwhizzkid.com/fous-alerts-review/. His green trades however, normally earn a much higher percentage than his losses. Cameron is one of the best in the business at cutting losses quickly.
Cameron is a momentum trader. Wider markets, news and other typical indicators generally take a back seat. If the stock has momentum and breaks resistance, there’s a pretty good chance he will be in it. I recommend this service for people who already have a sizable account and are looking to grow it. My reason is that he is okay with losing 1-2% on 30-40% of trades in return for gaining 15-30% when he find the winning trade. This type of system is not conducive to people who have smaller accounts where the addition of small losses and broker fees will take chunks out of your account.
This service WILL help those with larger accounts grow quickly though. I’ve seen the results, and Cameron posts all of his trades to Profitly. Not only Cameron himself, but everyone that uses the service posts their own profits too. It’s not only working for Cameron, but many others as well.