Saturday, September 11, 2010

Stockbee Scam

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I get a lot of visitors searching for information on a Stockbee scam. He has a membership site that now counts over a thousand members at the time of this writing. Because he is promoting a membership service, it's easy to be concerned that it's a scam. In particular, I know a lot of people would prefer that he offer a trial membership to get a feel for what they are going to get before they sign up. I'm pretty sure that you can learn everything you need to know about his strategies by reading his site. It's not like he is keeping them a secret. He explains all of them and in most cases in complete detail.

A while back I did a review of stockbee which you can check out for more information. He gets most of his members from word of mouth and from sites like this one that really believe in what he is doing. He provides some of the best information regarding stock market investing strategies including how to use the IBD 200 which I tested here and wrote about in my post called How I Made 21% Buying Stocks Using Stockbee's IBD 200 Strategy.

Like all stock market strategies, they don't work 100 percent of the time and if you do sign up for a membership on Stockbee's site, you'll also know that you'll need to be prepared to study and learn to apply yourself. Making money in the market does require practice and experience, both of which Stockbee is a strong advocate of.

I encourage you to read through his blog and try some of his stuff out.

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