Steve Primo Specialist Trading
Steve Primo professes huge returns on all his trading products. Amazingly profitable trading indicators and systems that have earned massive returns with very little effort. In fact, if you have a trading problem, rest assured that Steve has something to sell you that will fix the problem. With nearly 40 products for sale and a menu of nearly $50,000, there is not much left to the imagination.
The only problem is that Steve refuses to verify anything. No account summaries, no statements, no monthly profit and loss for anything, he even refuses to verify the existence of a trading account.
User Review( votes)
Steve Primo: Pro Trader Strategies.com and Specialist Trading.com
Today’s review will be covering Steve Primo and both of the websites that he currently maintains: www.protraderstrategies.com and www.specialisttrading.com.
Who is Steve Primo? On his websites, Steve Primo claims to be a 38 year market professional that worked on the floor of the Pacific Stock Exchange in San Francisco, where he also operated as a market maker in over 10 stocks. He explains that in 1994, he left the floor of the exchange to teach his secrets and proprietary methods to both beginner and advanced traders throughout the world.
Looking on Archive.org, you can see that Steve began actively selling trading products back in 2009. As the years
passed, Steve then began adding more and more trading products. In fact, there are now so many products for sale that I had a difficult time cataloging each product. Everything from $5000 super courses, to $500 indicators, to $2,500 dollar breakout indicators, $10,000 forex mentor program, etc, the list is long…over 40 products for sale. If a person were to purchase everything that Steve has for sale, they better have about $50,000 in spending cash. Everything imaginable is for sale. The secrets of the trading universe await those with enough money to spend.
However, after digging through Steve Primo’s websites, the one thing that you will never find is any sort of trading record. Nothing regarding performance is posted or published. There is nothing to substantiate what Steve claims are the secrets to the markets. How is anyone to place a value on anything that Steve is selling when Steve does not provide an account of his own personal trading? It astonishes me that anyone would send him any money for any of his products, when not a single of his claims can be even be subtly proved. So, what did I do next? Well, I emailed Steve and requested a phone call.
Before I got on the phone with Steve, I had to go through a nice salesperson that acted as Steve’s agent. And he was really nice to me. I address my concerns and said that I would like to purchase $5k worth of trading products, but that I just needed to verify that Steve actually trades. I was very cordial and non adversarial, I just explained that I have been burned in the past and that before I give him $5k, that I needed to verify the existence of an actual trading account. After going around and around and not getting anywhere, I even told the sales agent that did not even care about performance, that I just needed to verify that Steve actually trades. As nice and slippery as the salesperson kept pushing me to the close, I would not allow myself to become too distracted on my goal of verifying that Steve actually trades. All the while, during our multiple conversations, I kept tantalizingly holding out the prospect of my $5,000 and how I badly I wanted to spend it.
Finally, after a couple of weeks of sales calls, the salesperson agreed that I should have a conversation with Steve on the telephone. However, since Steve Primo is in such high demand, that I could not call him and that I could not have Steve Primo’s phone number. The salesman explained, “surely you must understand that many would like such personal access, but Steve’s methods will only be entitled to the very few that would not be willing to disclose any information and that my trading profits should be directed to only socially positive endeavors, that with wealth comes responsibility”. I agree. And next I waited for my call from Steve.
Steve finally called me. But the number was blocked and anonymous. Once I knew that I had Steve on the phone, I then recorded the conversation and requested I immediately call him back, and that I just needed his phone number. He refused. He said that he would call me back when I was not busy. I found this whole thing odd. He wanted me to send him $5,000 and to trust him, yet he could not even trust me enough with his phone number. Regardless, I awaited my call back.
The next day, my phone again ringed from an anonymous phone number. It was Steve. I introduced myself and professed that I was very impressed and felt a lot of privilege at being able to speak with such a seasoned market professional. And to be completely honest, Steve Primo was a really nice guy on the phone. We had a few laughs and he was genuinely warm. However, I kept interupting our conversation and directed the conversation back to my original request…I need to proof that Steve trades. Unfortunately, as nice as Steve was on the phone, he simply refused to verify any sort of performance for his many different trading strategies. I even told him that I would gladly spend $5,000, but I just need to verify the existence of a trading account. He simply would not do it. He had 5000 different excuses and admittedly all of the excuses were pretty clever and well rehearsed.
At the end of our conversation, which ended amicably, I asked him very frankly, Steve do people really send you thousands of dollars for your trading products on just a hope and a wish, and never actually verify that you trade? He responded, “All the time”. We both shared a good laugh and hung up.
Everyone is entitled to ones opinions. I cannot give you an honest opinion of Steve Primo’s trading products since I have no way of even verifying that Steve is actually trading. If you have read any of my blog posts, then you can read about some of the amazing lengths that trading promoters will go to create diversionary smoke screens to hide the obvious…which is that they are not actually trading.
On a side note, I really have to give Steve Primo some credit on marketing savvy and persistence. Once I gave a sniff that I was ready to spend, I was really courted and made to feel special. Another thing about Steve is that he is a prolific email marketer. Once he has your email, then you can expect a something to arrive just about every single day of the week. Of course, the message is always the same…its one of those 40 different trading products and how well it performed today etc. Steve is probably not much of a trader, but he is a pretty good salesman, and actually a pretty nice guy to speak with on the phone.
Thanks for reading. Sorry that this post did not uncover the latest and greatest trading product. Have to sift through a lot of coal to find the not so often diamond. Please leave your comments below.