Jeff Clark Trader Reviews 193

TrustScore 1.5 out of 5

1.3

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Rated 2 out of 5 stars

Subscription for 2yrs and made no money from option trading. Lost most of trades, and now I'm not sure to take up coming option trades. Like he throws something against the wall and hope it sticks.

Rated 1 out of 5 stars

Bought into Clark's 3 stock options stategy and paid him Cdn$3367. In 2 months he advised only 2 option plays. Vitually every letter and advisory is a teaser trying to sell advisory services. I'm 86... See more

Rated 1 out of 5 stars

Use common sense with any newsletter writer who avoids tv or interviews. There are podcasts with thousands of legitimate traders and their records/methods. They are real and verifiable. Jeff Clark, wi... See more

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Rated 1 out of 5 stars

Jeff clark is either paying for a service in which fake accounts online in comment sections recommend them and talk about how much money they made or are doing it themselves personally. This is obviou... See more

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Company details

Written by the company

Jeff Clark is the editor of the several investment advisories which focus on profiting from options in any market environment. For over 15 years, he edited two successful trading letters for Stansberry Research, The Short Report and Pro Trader. Jeff began writing newsletters after retiring from his independent, San Francisco-based brokerage house and private money management firm at age 42. Before that, Jeff developed the curricula for an international Masters of Business Administration (MBA) program and founded an investor education firm. Now, Jeff takes the same strategy he used for his clients – around 100 of California’s wealthiest individuals – and exclusively shares these techniques with his loyal subscribers.


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1.3

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TrustScore 1.5 out of 5

193 reviews

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Rated 1 out of 5 stars

The reality is, RUN from all of these Financial guru scammers. Real example of Jeff Clark's losing 4/20 recommendation

This was my first and ONLY time to follow his advice which was a 100% LOSS:

Special Mid-Month Trade Recommendation – XLK
By Jeff Clark, editor, Jeff Clark Trader

"As we head into the final days of April, 2020 the broad stock market is hitting our upside target for the “bear market rally.”

The index is trading near 2878 – which is the spot of the 20-month exponential moving average line we highlighted two weeks ago. And, it’s right in the middle of the 2770-3010 range we targeted for a bounce.

It’s possible stocks can press even higher from here for a few more days. But, if the rally over the past six weeks is just a bear market bounce – as I’ve argued – then there’s not much upside potential from here. If stocks do indeed start moving lower, then the market could quickly give up a lot of the recent gains.

From a risk/reward perspective, BETTING on some downside action at this point looks more rewarding than betting on the additional upside. So, we’re going to re-establish the put option position we traded earlier this month.

The Bear is Ready to Take Another Swipe at the Tech Sector
Once again, the technology sector is vulnerable to a steep decline.

The Technology Select Sector Fund (XLK) has rallied back up to where it was when we first bought put options on it two weeks ago. It’s approaching resistance – which should keep a lid on any further upside. And, if it turns lower from here, there’s a long way to fall before it finds support.

Take a look at this chart…

XLK has recovered about 60% of what it lost during the February/March decline. It’s now approaching resistance near $90 per share.

Just as I mentioned two weeks ago, it is possible that XLK could keep rallying through the end of April and tag its upper resistance line near $92.50. That would require the broad stock market to continue its advance in the face of extremely overbought conditions.

But, it’s also possible that the technology stock rally stops right here and the sector starts to fall, as many of the big technology companies announce earnings this week.

If XLK continues to rally, then there’s about $3 worth of upside potential from its current price. If XLK starts to fall, there’s at least $12 worth of downside potential before it hits its first support level at about $76 per share.

From a risk/reward perspective, it’s better to bet on a downside move at this point. We’ll do that by buying the same speculative put options we traded two weeks ago.

Here’s the trade I like best…

Buy, to open, the XLK June 19 $80 puts (XLK200619P00080000) for about $2.15, and up to $2.35."

What you will see is a huge jump in volume and run up of the cost to purchase his recommended option contract as the lemmings blindly follow and rush in. All of these Stock or Option picking Hucksters only tell you about their home runs and never how often or badly they strike out. Unless they honestly report their actual results and they are validated by a legitimate 3rd party so that you can trace each and every trade recommendation and see all of the results and performance trends for yourself, DO NOT FEED YOUR HARD EARNED MONEY TO THESE SCAMMERS. Have you noticed that the regular price or touted value for their annual advice is typically $5,000 per year or more, BUT until midnite, you get a fantastic deal that is only, WAIT for IT, $2,000 or more likely $2,500. They don't need your money, they have already made their millions, live the good life that everyone including you dreams of, but they want to help you achieve your dream of accumulating an incredible fortune and all of the great things you can do with all of this new found wealth they are going to pour into your gullible lap. OH, and there are no refunds but they will offer you a fantastic credit to one of their other over priced "milk me dry" research programs from one of their other highly touted scam artists. ALL of these services are the same and will forever bombard you with the next 10X WINNER OR AMAZON

August 27, 2020
Unprompted review
Rated 1 out of 5 stars

I unfortunately got taken by this…

I unfortunately got taken by this thief. I'm 3 months in with him and still waiting for a positive trade. Overwhelming majority of his trades end up losing 100%! The only time I have had success with his trades is by do the exact opposite. If they gave no stars here, that would still be too many. Do not make the same mistake I made.

August 21, 2020
Unprompted review
Rated 1 out of 5 stars

Absolute scam

Absolute scam. This guy will lose you money over and over again. You’re better off betting against him, maybe you’ll win then.

August 18, 2020
Unprompted review
Rated 5 out of 5 stars

Thank you people who wrote and shared…

Thank you people who wrote and shared about this company/person. Saved me a ton of agrivation I'm sure. The rating is for reviews and Trustpilot. Not Jeff Clark who sounds like a real piece of work. Karma can be a MF!

August 17, 2020
Unprompted review
Rated 1 out of 5 stars

I have lost thousands with this guy

I have lost thousands with this guy. Unbelievable. Has been saying since April that tech was going to crash. And I have followed him all the way down since then. With opportunity cost of basically going the opposite way and riding tech higher, you could say I have lost more like $60,000. Thanks Jeff.

August 12, 2020
Unprompted review
Rated 1 out of 5 stars

Jeff has lost every single trade since…

Jeff has lost every single trade since I joined in May. The market does the opposite of what he says. He currently has 7 trades in his portfolio one is up 2%. When options expire at a 100% loss he removes them. This guy would be living in a cardboard box by the freeway if it was not for all the suckers that pay subscription fees. Happy Trading

August 6, 2020
Unprompted review
Rated 1 out of 5 stars

I never subscribed to this website

I never subscribed to this website, yet they bombard me with emails. I try and unsubscribe and they continue to bombard me.

I have reported them and sent all evidence to the FTC under the CAN-SPAM act, I recommend everyone else who is being spammed by them to do the same.

August 5, 2020
Unprompted review
Rated 1 out of 5 stars

what a Scam guy....Time to Stop him!!

what a Scam guy.....last 6 months he lost every thing he said.. 100% .. I started doing reverse whatever he said and start making money ... He has zero knowledge of options and stocks.. everything he say next day go opposite direction.. Stop wasting your money ...
I wonder if anyone can stop him !!!! he is stealing money from hard worker people ...

July 30, 2020
Unprompted review
Rated 1 out of 5 stars

Lost on everyone of Jeff Clarks…

Lost on everyone of Jeff Clarks recommendations. Enrolled in a trading method from a complete "unknown" been making money with this guy's method ever since. Can't remember the owner of the site, but the site is called daytradingwiththelight. Amazingly, I recovered the purchase price in 6 days of trading.

July 25, 2020
Unprompted review
Rated 1 out of 5 stars

Just run

Just run. Very poor customer service and the whole program is designed to rob you with little value in return. Just DON’T

July 16, 2020
Unprompted review
Rated 1 out of 5 stars

Just say no.

Sorry to everyone. I joined a similar newsletter service. The next day cancelled. They told me it was non refundable. Did not argue. After several phone calls. Said no. Explained I was on my way to let my local congressman to handle the fair trade law issues.Also explained I had already spoke to my lawyer. They refunded me the " unrefundable" money. This was not a small amount. $1300.00 . I opened brokerage account on my own. In 2weeks up $554.00. Not huge or quick but solid. I highly recommend Zacks. They give good info & it's free. Then do your own research. It's a place to start. Good luck to all & blessing. DON'T LET THESE TYPES RIP U OFF.

July 8, 2020
Unprompted review
Rated 1 out of 5 stars

Don't waste your money

Don't waste your money. I didn't check reviews, but I am not surprised about what I see here. The first info I received about trading options was very vague. Then, soon after I kept getting email about joining other high dollar programs. F' that, I'll keep what little money I have.

July 5, 2020
Unprompted review
Rated 1 out of 5 stars

Jeff Clark is a scam artist

Jeff Clark is a scam artist. The results he posts are made up. I had the misfortune of trying one of his services and he had 2 small wins and 13 100% losers. A monkey throwing darts at stocks would have had at least 50% right! He comes off like he knows what he is doing but his suggested trades are horrible, make no sense and will wipe you out. Do not give this con man a 2nd thought.

July 2, 2020
Unprompted review
Rated 1 out of 5 stars

RUN RUN RUN!!!! FAR AWAY FROM JEFF CLARK TRADER

Thanks to you all who posted their reviews about scam artist Jeff Clark and his organization, you guys have saved us our hard earned money. As you can tell I never buy any online training no matter kind it is without looking up reviews from all available sites. I feel especially sad for Shelly Gardner- Alley; they did you and all the reviewers very dirty. Shelly you should not have any respect for Jeff Clark because he knows exactly what is going on in his organization, he is the ring leader and profiting from scamming you off of your hard earned money and leaving you destitute so he is the main perpetrator.

June 28, 2020
Unprompted review
Rated 1 out of 5 stars

Very deceptive sales practices!

When one signs up for Jeff Clark Trader, it pops up a second and third subscription and leads you to believe that it too has a money back guarantee -- NOT SO! The Delta Direct has different terms in which one only gets a credit back on other Jeff Clark programs -- goodbye money! I'm just glad that I didn't sign up for the $2500 program. And bye the way, every trade I tried with Jeff Trader lost all of the money during my trial period!!!!!

June 25, 2020
Unprompted review
Rated 1 out of 5 stars

USING AN "ALIAS" on Jan 11 2020,

USING AN "ALIAS" on Jan 11 2020,
I fell for Jeff Clarks smooth, smooth bs and then signed up for 3 services Jeff Clark Trader, Delta Report, and including a lifetime subscription to something pertaining to the markets that I could pass on anyone I wanted!! All 3 transactions had the same credit card descriptions with two having the same charge of ~$263 and then one for the lifetime at $1590! I called and asked for three transactions to be voided and they did rapidly void one of the $263 but not the other one for $263 and the lifetime. Then I sent an email and i got a long complicated address that you can only, unless you are lucky, get correct if you select, copy, and then past in an email address back to them. Well, you get an email back that says "this address is NOT MONITORED"!!! Call 800-752-0820"!!!

Every time you call you get a different customer service representative and they say that it is under review in the accounting depart or such and since it is in dispute, nothing can be done. If you ask to talk to accounting department, they say they don't have the telephone number!!!!!!!!

NOTE: One of the reps, Remy I think, said their computer system had problems and refunded the wrong one and converted to the other one. Not at all unexpected when you have three transactions all with the same description: *SR JEFFCLARKPUBLICATIONS80075200820FL

I tried to get help from my credit card company but I was delayed by a health operation, computer, crash etc. Computer company said I had 60 days to get resolved but jeff clark rep said they had 90 days!!

During this I get an email from his buddy Teeka Tiwari to buy some penny IPO stuff priced at 50 cents a unit!! Better hurry A week later, I got a followup...still available!! No way, Jose penny stocks are extremely risky, in my opinion!! By the way, I discovered that all my personal information is in their system on a blank cc form but not with my cc info. Getting ready to quickly hit me again!!

Now he has a great deal out there "THE BEST $19 YOU'VE SPENT"!!!! Most of the presentation is the same as the one I was suckered into except the lifetime subscription is no longer there. It's now $19 for a one year subscription. I think at one time, it was advertised for $19 and 60 trial with a return but I can't find it now. Is there a computer program can delete an email on your computer? BEWARE!!!!

On 27 Feb, I called the 800 number again to cancel and was told to call customer service, his office!! 800 752 0820 if I wanted to proceed!!

On 5 May I called the 800 number and Khyyam said I was getting a one year subscription, NOT the Lifetime. I asked for an email of exactly what I was getting, 2nd or 3rd request, but never got it.

BEWARE!!!

NOTE: 19 May Ricardo said I was getting Jeff Clark Trader and a years's subscription to Delta Report one year!! NOT WHAT I HAD ORDERED !! AND I ASKED FOR AUTO RENEW NOT TO BE IN THEIR SYSTEM!!!

June 2, 2020
Unprompted review
Rated 1 out of 5 stars

I love Jeff Clark's advice but hate his support company…

I have been with Jeff Clark for over two years and believe he, himself is credible. He has always acknowledged when he has been wrong with a speculation. On the other hand, the organization behind him is predatory. I have had very unpleasant conversations with sales personnel twisting my arm to buy other related subscriptions but this post is not about that. On March 13. 2020 i received a call from a telemarketer for Jeff Clark attempting to sell me a lifetime subscription to his alliance package. Normally I would have hung up but I do value and respect Jeff Clark's advise so I listened on. The offer was for a life time subscription to his Alliance program which was reported to be ALL his present and any future subscription packages. I was interested because his Delta Direct subscription was loosing me money. So I subscribed but because I have limited income, the sales rep suggested I split the payment among several cards. That was my big mistake! The management company got their fee from my combined bank debit and credit cards, but continued to charge me. They charged an an additional $2520 from my bank account which threw it into overdraft and completely emptied my account. And several days later they tried to capture an additional $3000 from my credit card. All in all they tried to get almost $9000 from me, which is 3 times the lifetime membership fee. I saw the second debit in my online bank interface but assumed the pending charge would go away. Once it actually cleared I called their customer support line (on a Tuesday) but the recording said I must call back during business hours Monday -Friday (It was, I tried twice). The next day I called and the customer service person said she could see I was overcharged but needed to have her supervisor handle the issue and would call me back. No call back. Now remember this company has emptied my bank account and I have nothing to live on. I live on our social security payments. The next day I called back and evidently the supervisor was present. After 15 minutes on hold, the account rep reported back I would get the overcharge returned to my account in 7-10 business. That will be up to another two weeks without any cash while my auto payments bounce and I can't buy food. No apology at all. Reminder, they had tried to get a total of 9000 from my two accounts (3 x the agreed fee) and would have if my credit card was not maxed out. I ask what happened and they had no idea and no sense of responsibility

March 21, 2020
Unprompted review
Rated 1 out of 5 stars

AVOID LIKE THE PLAGUE...

JEFF AND THE OTHERS AT PALM BEACH ARE SCAM ARTISTS EXTRAORDINAIRE. PLEASE LET THE PEOPLE ON THIS BOARD KNOW IF THESE COMMENTS HAVE SAVED YOU FROM MAKING A BAD PURCHASE. WE WILL FEEL BETTER KNOWING OUR MONEY SPENT WAS NOT A TOTAL LOSS AND THAT WE"RE PAYING IT FORWARD. THANKS IN ADVANCE.

March 11, 2020
Unprompted review

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