Investools or other stock software platforms- The complete review

New reviews about Investools 2007-2008

Hi,
Here is my assessment of Investools. Last week I paid $1999 and attended their first workshop. A week before one gentleman by name John Davidson gave a 3 hour introductory talk. During this talk he introduced to a trading species which I had not known before called Covered Calls. Let us call it CC.
Since I have not heard of covered calls before I became interested.
John in fact broached the subject of covered calls as if it was one in the
many in the list but the entire objective of the 3 hour talk was to get the listeners be
interested in covered calls. The way the subject of covered calls was broached was pretty good. Having given a brief outline of covered calls he asked everyone "are you interested in covered calls" Everyone naturally said yes. John elaborated what a covered call is and how one could make money in it. He said that one could make money in a CC in all types of markets up,down,sideways. He was frank enough to admit that a severe down trend could result in losses. He admitted to me during a one to one chat that one needs to Own Stocks to do a covered call
and that it is not a leverage. Covered Calls seemed interesting to me and I enrolled.
Strangely during the 2 day $ 2000 workshop CC was never discussed.
Speaker after speaker spoke of Options. The first day was okay we learnt something The second day a gentleman by name Andrew Scott spending most of the time on marketing the options $5000 workshop and 23k PHD (Program of High Distinction). First day is what you learn, the 2nd day was a waste.
To be frank everyone John, Andrew included admit that it is not an Quick
Rich scheme. They inform everyone both in the class and in the one to one discussions that it is Risky to do options trading without doing the homework.
Caution The 2 day class ended only yesterday. I am yet to read their material. Yet to practice. I will report after 3 months. You cannot call them a scam because 1) They admit the market is risky 2) That they are only information providers-educators. The only thing pi**ed me off was John Davidson's simplistic emphasis on Phase 1 and Phase 2 for buying shares during the 3 hour talk.
In the 2 day workshop we were warned to forget Phase 1 and use Phase 2
COMPULSORILY with 1) Technicals 2) Industry Group performance 3) Flow of
Institutional Money 4) Fundamentals. Technicals is chart reading -and my experience with reading charts has never been good.

Tom B.

Read this review 12-30-05

I have been a small time investor for about 10 years-more of a buy and
hold investor until I bought into Investools. I own my own business which
captures a lot of my time. I invested into Investools 3 years ago and
other stock software platforms one year ago. I have to say, these programs, although pricey,
gave me the opportunity to learn and grow efficiently and in my time frame
allowed.

I am saddened to see the raw negative comments only because they seem to
generally come from more experienced investors that did not give these
programs much of a try (if any)...They seem to be "set in their ways" and
fortunately for them seem to have grown up in the market environment or
are self-taught. I am glad to see they have the knowledge and confidence
to walk their own path, as for me and thousands of other beginners, I am
glad to have had these opportunities to help open a long and prosperous
doorway into investing into the market! It works for me and I am
grateful!

For someone not very experienced in the market (a beginner)--I think these
are excellent forms of training without taking the time to go back to
college or try to learn on your own without any form of guidance. Another
point, what would you pay for a college education for this kind of
information? Their price is not too far fetched PLUS you get ongoing
service and support. The support from both companies have been superior
and helpful. These programs are excellent formats for beginners to gain
an entrance into serious trading and allow one to grow and prosper while
having their hand be held until they can walk on their own.

I do like Investools over other stock software platforms because Investools seems to involve
you more into the foundations of understanding the market system, whereas,
other stock software platforms would seem to do better for those that have less time available
or are less experienced with computers and wanting to learn the in-depth
details of trading. The research with Investools goes deeper and is more
involved. Investools company also comes across as a more professional
business with a less "high-pressure" sales environment. I made my money
back 4 times over for my initial Investools investment within 9 months on
2 trades in stocks with a small investment of only $2,000.