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Chris Wong

Spain

1 Reviews
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1 review

Piranha Profits

My Roller Coaster Experience with "The Master"

I followed Adam Khoo since early 2020, after he called the bottom of the covid crash, I spent thousands of dollars on his courses. To be honest his trading courses are not much different from others, just more organized. Most courses are very basic which you can totally learn on youtube for free. There are a few "advanced" strategies but you can probably use them twice in a year, with average win rate. His investment mentality is just "buy and hold". For example, he's still bag holding stocks like EL, BABA for years. If you check his annual performance in his videos, it's not much higher (if not lower) than QQQ, so you might as well just buy QQQ and save thousands of dollars on his courses. Back to my own experience, I made some good profits in 2020 and 2021 following him, so I doubled down my investment in 2022 and bought all the stocks Adam recommended during market pullback. Guess what, the market kept going down while Adam just told you to buy and hold. Also he's been talking about the Christmas rally since June 2022. I really believed in him at that time, so I doubled down again before December. Guess what, QQQ has its worst month in December and my portfolio -60% in 2022, thanks to Adam. To summarize, if you follow him in the beginning of a bull year like 2020 or 2023, you will definitely make money, just like everyone else. If you follow him near the peak, get ready to be screwed because he's not gonna tell you to sell.

2024-11-01Helpful 3