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Yes, those are certainly powerful testimonials for Kyle Dennis as a trader and educator. I like that he is positive and helpful. That is a real incentive to start learning more from him. Also the consistency of the approach, I can say based on these testimonials, makes his students successful in the learning phase and also in the real market.
I tried the service and it was mediocre at best. I was charged without permission and they kept my money despite my request before the service started. Why do you only post positive reviews for them? I would tell people to Stay Away from Kyle Dennis, Biotech Breakouts, and FDA Insider.
Hi Jav – I post positive reviews on Biotech Breakouts because I think Kyle offers great services, especially his Nucleus program. There aren’t many traders out there willing to live stream their trading accounts on a daily basis for complete transparency, but he’s one of them. He walks through his preparation, shares his thoughts, answers questions, and helps members understand how a full-time trader operates. He also offers quite a bit of information for free through his e-book and video lessons on his blog, and I respect his efforts to share all of that information/education openly. But everyone has their own experiences and a right to their own opinions, so feel free to share more details about yours, how his program compares to others you’ve used, etc.
Thank you for letting me know about biotech breakouts. I did not know that biotech was even an industry of stock that you could trade. It is good that Kyle is available during the day to help teach other people how to use his system and make money. It is also nice that he has many free videos that you can learn from and grow. I was wondering what part of bio-stocks do you enjoy the most?
Hi Glenys – great question. Personally, I’d have to say that my favorite aspect of trading biotech stocks is the number of catalysts out there and the structured approach the industry has to go through as a whole in order to get drugs approved. It creates quite a few trading opportunities where you can pinpoint key data events and/or conferences (sometimes even to the day) and plan trades around them. And when these events have the ability to send the stock soaring if the news is positive, there can be quite a bit of hype going into it. This is where those “run-ups” Kyle is attempting to capture come into play and large upward moves can be locked in without even holding through the events themselves (in order to reduce risk). In other industries, it can be much more difficult to pinpoint catalysts and time them properly. There are even sites that are essentially databases of biotech events which can be utilized to identify catalysts in the industry and plan trades around (ex. BioPharmCatalyst).
Biotech industry is one of the greatest industries that someone can participate in due to the high profit gaining opportunities with swing trading. People who want to earn money on it should conduct a careful research before opening positions. It’s all about the research and knowing well what you do. And Kyle has an amazing program which can make anybody some good money. I check out your website frequently.