24 of 24 people found this review helpful
When I signed up with this service a little over a year ago, Mike Swanson was keeping a list of stocks on his trading list with updates posted whenever something needed to be changed. Not long after I signed up, Mike made some picks that didn't work out and resulted in some losses. I didn't have a problem with that (nobody is perfect). But, some members did and got on his case pretty badly.
As a result, Mike soon did away with his stock pick list and stopped posting any trades he was making. For the last several months that I was in this service, there were no trades that Mike said he was involved with, although he would give a couple stock picks with a preface of "If you really have to trade something...". Every time, he was waiting for a better time to buy. That time never came before I left.
When I signed up, I also asked if I could get the lifetime membership. That would keep me in the service for a one-time fee which was less than the cost of 2 yearly subscriptions. He replied back that I would be given the opportunity when it was time to renew. When that time came, not only did I not receive notice that it was time to renew, but he attempted (through PayPal) to charge my credit card for another year of service. The card he had on file had been canceled by me and so he never got his money and I left the service. I never received any notification about the renewal or any offer for the lifetime membership.
The one good thing about WSW is it's members posts. There are some sharp traders in the blog area that can make you some money. It just takes some time to get the feel of who to follow and who not to. Because of the trading community, I give this any stars at all.
There's nothing else there worth paying for. Even the "course material" is rather basic and something you can get from a book a lot cheaper.