4 Reasons why Black box stocks is not for you
I been using Blackboxstocks for about 9 months now and I can say it’s the best trading alert platform on the web. But this platform is not for everyone because there are reasons why it shouldn’t be used by other people. I will be very upfront with you guys and this post isn’t to sell anything. It is the legit truth why YOU probably shouldn’t join. So here is 4 reasons why blackboxstocks may not be for you.
Not a get rich quick scheme.
Nobody I mean nobody will promise you that you’ll be a millionaire tomorrow or even in 1 year. It’s possible but for 99.9% of people this won’t happen. You will see all the “oh my god” we just made 40%-1000% and on the next trade I will bet my whole life savings.
Sorry Blackbox still fails, we just have a very very high win rate. It takes years and years of stock market trading to make a living. The mods have been in it for years. A rookie like me won’t make it up that fast but have a quicker chance to make it. However this is the closest thing you have to a “shortcut”. What I mean by shortcut is you won’t have to go on youtube and try to figure everything out. There are people that will help you and there are classes which help a lot. All the information Blackbox has in the class (besides the flow), are all FREE information on the web. They are just taught differently, same shit different day. There is nothing special about the classes (besides reading flow) BUT it’s very clear cut on what you need. They don’t go on tangents, you learn what you came to learn.
Expecting all plays to be given to you and enter/exits
Look, this happens every single time to new people and they complain. Guys, Blackboxstocks is only a service/algo that shows you what the big guys are buying. The discord room are a plus and these mods are just giving their best plays. It will FAIL over and over again. But it will also WIN over and over again. They know their risks and you shouldn’t just blindly follow a play. Never ever follow a play blind when you’re following someone’s stock call/put game.
To make things worst, a lot of newer people are asking exits. Why are you even asking when to exit? It’s YOUR money. Doesn’t matter if it’s WINNING/LOSING, the mods have NOTHING to do with your money. You should question yourself, WHEN do I feel comfortable to take a win or loss?
Biggest problem is 1 contract of say TSLA/AMZN can be $1k-$2k. To some people that is their account size and to others that’s a drop in the bucket. +$500 to you may be a lot, and to some it’s NOTHING.
So you need to ask yourself, what am I happy with?
Always remember there are always new stock plays tomorrow and the next day and the next freaking year. It will never end unless the world ends.
There is NO reason to FOMO. ( we all do it, all I’m saying is be careful)
Believing it doesn’t work
Right off the bat, I see this all the time on twitter/discord/facebook, etc. Look, if you believe it doesn’t work that’s fine. No one is forcing you buy. They give out trials almost every month with no risk. Don’t judge by not trying it out first and it’s great that it’s a FREE 1 week trial. The worse that will happen is you waste your time on a useless platform that doesn’t work in your opinion. It is very transparent and you can also find some plays on twitter.
Here is a snippet of our 20trades. Which is the best top plays we do with a high win rate. If all you played was this, you’d have some good gains. We have a separate category for this so you can technically just WAIT until these come and make some money.
Courtesy of https://twitter.com/7StarMike/status/1363178081142198274
I know this blog post will get some heat about the gains. Do me a favor and go back in the date and chart if yourself. It’s very simple, when we see millions of dollars go in with our criteria, we play it and categorize it. If it hits a threshold we play it. There is no catch. That catch is, risk your $$ and if you don’t like it, GTFO.
Different trading style
Another huge issue because there are thousands of ways to trade. This platform is used mainly for flow trading because we follow the big money. There are other mods in hear that do longer swings or simple day trading and members who do advanced strategies. So there’s a little bit of something for everyone but it’s mainly used to watch flow.
There’s always going to be that guy who says, don’t play that because the news says this, it’s under the 200EMA and it’s going bankrupt. So this may not work for what you’re thinking but it may for us but vice versa. Who ever is right or wrong in the end, you should have been comfortable with your win/loss.
All I know is you can be some random guy with say $500 account or even $1M but there’s a huge whale that bought this strike price in a huge rush and dumped $10M. Who would I follow? If it drops 50% and he’s still in, I’d loss half of what I risked and he’s down $5M, imagine that.
This example, some guy dumped $6 Million in above the ask in less than 1 min.
ADI
Why did they do that? I have no idea but some guy with $6M is way smarter than I am and knows something we don’t. Who cares I’m following him. If this drops and he’s still in I’m still in.
Can this play fail? Of course!! Don’t dump your life savings because you still need to manage your risk. Does this have a high win rate? Yes it does but again do not put more than 10% of your account.
In the end……
Give it a try and if it works , great and if it doesn’t then you lose nothing unless you paid the $80 for the first month. Believe me when I first signed up I stalked everything on the site. I don’t like getting ripped off. I stalked old posts/plays but I didn’t read the bias reviews. You shouldn’t take my word for it, just try it.
