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World Cup Advisor - My Experience
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World Cup Advisor - My Experience

  #1 (permalink)
Elite Member
Jupiter Island, FL
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: TOS
Favorite Futures: Russell Futures
 
Posts: 10 since Jan 2015
Thanks: 17 given, 7 received

World Cup Advisor - My Experience

I opened an account with Striker Securities in July 2018 for the purpose of using the services of one of the World Cup Advisors (Patrick Slevin) who had demonstrated a reliable and impressive, though brief, record as a trader. The fee to shadow Mr. Slevin's trades was $250 per month. The brokerage made their money by charging about $35 per trade for each futures contract traded.

I deposited $12,500 in mid July and by the end of August my account was down to $9908, a loss of more than 20% in about 6 weeks. What a dismal failure!

Let me make it clear that I am not suggesting anything fraudulent happened. I watched the trades take place daily and was kept aware through daily statements of exactly what was happening. I found Striker Securities and World Cup Advisors to be operated with integrity as far as my experience went with them. But I am not in it to get detailed reports of my money being lost through poor trading. I was in it to make money, not lose it, and on those grounds I cannot recommend World Cup Advisors.

One note about Patrick Slevin. These trading results happened to coincide with the markets reaching an all time high which possibly affected his trades as it presents a challenge for most traders. I was not interested in risking anymore loses, however, and bailed with my $2600 loss in 6 weeks. That says it all.

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  #2 (permalink)
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  #3 (permalink)
Elite Member
Indianapolis, IN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES, CL, NQ, GC, EMD
 
Posts: 6 since Oct 2017
Thanks: 5 given, 2 received


Sorry to hear your experience with World Cup advisor. Back in July I spoke with a sales represtative to signup the leader following program as well. And wanted to find if he still has a program with John Ehlers, upon which he insisted that I follow Patrick Slevinís program instead. Patrickís program was up at $13000 at that time. He did mention that most of the systematic traders were having a difficult time and were in a drawdown and that Patrick Slevin uses disteceational methods and that he would be a better choice.
Nothing wrong that the systems go in a drawdown. But it looks like most if not all of their programs are in a drawdown.

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  #4 (permalink)
Elite Member
Jupiter Island, FL
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: TOS
Favorite Futures: Russell Futures
 
Posts: 10 since Jan 2015
Thanks: 17 given, 7 received


akuush View Post
Sorry to hear your experience with World Cup advisor. Back in July I spoke with a sales represtative to signup the leader following program as well. And wanted to find if he still has a program with John Ehlers, upon which he insisted that I follow Patrick Slevinís program instead. Patrickís program was up at $13000 at that time. He did mention that most of the systematic traders were having a difficult time and were in a drawdown and that Patrick Slevin uses disteceational methods and that he would be a better choice.
Nothing wrong that the systems go in a drawdown. But it looks like most if not all of their programs are in a drawdown.

I actually chose Slevin because he is a daytrader and assumed he would assess the trend of the day and be nimble enough to follow it. I knew this summer would be a tough environment. I traded the EMD all the days that Slevin lost money and on all but one day I made money--sometimes a good amount and sometimes just enough to cover my costs. I must have gotten in with Slevin about the same time you were thinking about it. Well, you did good to stay away. I'm closing my account with them. I think I can do better.

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