K Capital Advisors
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Honesty
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Quality
(4)
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Cost
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Support
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Verified Trades
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User Experience
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Summary
Account statements verified. Vendor is honest. A unique swing trading advisory that goes both long and short in highly liquid small to mid cap stocks. Average trade is 8 days in length. Adviser has a classic education and brings real world trading experience. Adviser forms hypothesis based upon fundamental research, and then executes trades based upon technical chart patterns. Very unique.
User Review
( votes)Today’s review is K Capital Advisors, a swing trading alert service that specializes in trading small to mid cap stocks. The alerts are both long and short, there is no trading of stock options. The cost of the service is $50 each month. The owner of the company is Kyle Matthew. How did I discover K Capital Advisors, and Kyle Matthew? He reached out to me. Apparently, Kyle had been reading my reviews and he wanted me to review his swing trading service. A vendor reach out to me? And actually want me to dig through their underwear drawer? To allow me to poke and to prod, and ask all my of difficult questions? If you read my reviews, I look at all of these trading vendors with a big yellow jaundiced eyeball. You will find little compassion and mercy from me. And so, I decided that if Kyle wanted to be my personal pinata, then I would oblige him. A good whacking from my “truth stick”, lets see what I could smash out of this brave/pitiful soul. And so, with the fervor of a Spanish inquisitor, I proceeded to smash, pick, poke and prod through this advisory, hoping to find something interesting.
Initial Observation
The K Capital Advisors website is terrible. It looks ugly. This is not the website of a marketer. This is not one of those Profit.ly guru type websites that are candy coated with dazzling graphics, stories of $75,000 trading days, orange Lamborgines, fancy videos, stories of students turned millionaires, and an equity curve that looks like a skate board ramp. This website has the look of a one man shop, one that probably had zero experience in the building of a website. But is a fancy website what we are really interested in? How many of us have been drawn into the purchase of a scammy trading product, simply because the website was tailor made to appeal to our dreams of profit and glory? I know I have. And Kyle Mathews website is definitely not going to conjure dreams of trading glory. But again, this is not what is really important. What we really want to know is whether this guy is real? Who is he? Does he really trade? Can we make money with this guy.
This Guy Is Different
One of the first things that I talked about with Kyle is about verifying past trades and performance. My readers and I don’t want bullshit. We dont want an iphone picture of a supposed trading account, we don’t want a carefully selected image snippet of “real trades”, don’t insult our intelligence with after the fact You Tube trading videos, no testimonials from worthless third party sites like Investimonials, and specifically don’t even attempt to show us a jacked up equity curve from Profit.ly. We want brokerage statements. Nothing less will do. To my surprise, Kyle agreed.
The next thing I received from Kyle Matthews was a google spreadsheet that supposedly lists all of his trades dating back to 2013. The spreadsheet can be viewed here.
Sometimes the little things can give up big clues. The spreadsheet that Kyle sent to me is one such thing. Notice how well organized and professionally maintained this spreadsheet is? Notice the formulas and exact record keeping? This is not the spreadsheet that was created for the marketing of a product, this is the spreadsheet that was created to record the personal trading results of a thoughtful and well organized individual. I also like how I can enter my hypothetical starting balance, and then the spreadsheet automatically calculates a range of functions that give me some sort of idea of forward performance (based on prior results).
Along with the spreadsheet, Kyle also sent me a brokerage account statement that was issued directly from Interactive Brokers. Since I have an account with Interactive Brokers, I have a thorough knowledge of what these statements look like. These are real statements. Yes, they are confusing. And my personal Interactive Broker statements are just as confusing. When you look at these, you might be a little confused, but rest assured, I have gone over these and matched the trades on the spreadsheet with the brokerage account statements. The statements are below:
K-Capital-Realized-Returns-2-Months-1As you look over these statements, you might of noticed that these statements only cover the Interactive Brokers account from January 2015 through May 2015. I questioned Kyle on this big gap and asked for additional statements going back to 2013. Kyle went on to explain that he currently works for an investment bank and that the individual trades from the trading advisory were intermingled with his 401k benefits, and a host of other trades non related to the advisory.
Digging Deeper
After speaking with Kyle, I told him that I needed more proof. And so we compromised on a solution. He agreed to screen share with me a non recordable session behind the firewall of his company reports. On the screen sharing session, Kyle logged into the investment banks back office reporting system, and we proceeded to pluck out the trades in question. It took some time. And I will not be revealing the name of the Investment Bank, but I can confirm that the bank is “Too Big To Fail” and Kyle has made each of the trades that he claims. Although the trades were for various position sizes, and he did scale in and out depending on the risk. It made sense. And I believe him.
Deeper Still
In addition to the submission of the Interactive Brokers account statements, and a visual review of trades executed at his employer trading account, I also took the extra step of verifying that the trades from the advisory were actually sent out to paying customers. This was a little tricky, but I discovered that Kyle was using Mail Chimp to send out his advisory updates. What is Mail Chimp? This is a 3rd party software application that is maintained in the cloud. This application, Mail Chimp would leave a trail of all outgoing email sends. I asked Kyle for the log in information for Mail Chimp and was able to confirm a chain of sends that corresponded with the trading advisory service. In short, everything that he had told me, I was able to verify.
More About Kyle Matthew
One of the things about Kyle’s crummy website that I do not like is the lack of personal information about him. And so I began a series of emails where we went back and forth and I asked him a lot of questions. One email in particular, does a good job of giving us a glimpse of Kyle, the person, and why he is doing what he does…
I wanted to get you my background and take on why I started an advisory. To start, I was born and raised in the Philly area and ever since high school I’ve always had a passion for investing. It started as really just a drive to be successful as I came from a middle class family who didn’t really have much. My parents sacrificed basically everything for my siblings and I to attend great schools and growing up we knew what it was like to struggle. But as I started to learn more about investing I began hearing about, and then extensively reading upon and learning, technical analysis and the art of reading charts and understanding short term trading. At a very early age I knew that there was more than just a buy and hold mentality out there where short term trading thrived. Through college I read and studied more on the subject and my curiosity really turned into a passion. Anything about technical analysis and swing trading out there I’d read.
That passion really led me to Wall St. where I worked at a middle market securities firm on a derivatives desk while in undergrad. That’s where I really got a sense of the money to be made in the market from both the buy and sell sides. It was intense. As a 20 year old I was working with guys making six figures in minutes to days, buying planes and just living these ridiculous lifestyles. But that’s where I also learned about the dangers behind that money and the greed that people can learn to be accustomed to. Ironically, my mentor at the time and that entire desk were eventually prosecuted for several serious trading crimes well after I left my co-op. That said, it was an amazing experience to learn and grow as a college student.
From there I finished undergrad, and instead of heading back to Wall St. I worked for a Fortune 100 company, got my MBA and really learned what it was to run a business at an massive level from both the ground up and top down. With some luck, I took those roles and my MBA to an energy based private equity firm where I decided to get my CFA charter which I’m still in the process of getting. The private equity space is amazing. It’s a constant cat and mouse game that touched all sides of my quantitative and qualitative mind.
This entire time though I’ve always honed and sharpened my personal trading and passion for investing. Finally, after seeing all of the BS out there on a constant basis, I decided I could very easily open something on my own which finally led me to start K Capital. It’s funny to a degree because you see dozens of these gurus out there with zero actual backgrounds in finance. You ask them what their Shape Ratios are, or their variance and standard deviations of risk or anything remotely related to portfolio management, and it’s just silence. And these guys are actually in chat rooms day trading! That level of ignorance and shadiness was really the 2nd reason behind opening and starting K Capital. Besides my passion for it, I just found, and still find it, almost hysterical some scams and pie in the sky pitches some services sell.
Either way, I love where I’m at right now and can’t wait to continue to grow personally and professionally. Most importantly, to grow in the RIGHT way. Like we talked about, I show everything on the site and always will. There’s no sense in hiding trades or your background. It either makes you a better trader or you fade away out of the game.
I appreciate your time with all of this and can’t wait to see both of our sites grow!
Kyle Matthew
A Clearer Picture
If you have made it this far, and are not completely lost by my nearly incoherent writing, then you are possibly beginning to realize that I might have found a gem. The more I read on this guy, watch his videos, and process THE WHY of his trades, the more I begin to realize that K Capital Advisors is not just a chart reading service. This guy actually digs through publicly filed (and massively confusing) financial statements of these public companies and tries to figure out what these companies are really up to. So, he is a hybrid, using technical and fundamental to form his hypothesis. He attempts to understand how these companies actually run their businesses, and he is able to process and make sense of things like cash flow, debt instruments, why companies will do things that most people are clueless about. He understands that the charts are just a representation of everything that is happening at a fundamental level. He forms an underlying theory based upon fundamental research, and then he executes based upon chart patterns. Its interesting, it is different, but most importantly…what he is doing is actually making money.
The Years Ahead
In my opinion, in the years ahead we cannot just blindly buy and hold stocks, and then wait for the federal reserve to lift the entire market higher. We need to use not only technical information, but we also need to form logical conclusions on why businesses will rise or fall. This is what makes Kyle so interesting, he has the classical MBA background, works for an investment bank, and has real world experience in private equity. All of this working together forms a pretty potent combination. I have little doubt that this guy is going to be a wealthy guy. He has the passion, the smarts, a interest in the fundamentals, and a track record.
How Best To Trade The Service
K Capital Advisors is a swing trading service. The average trade length is 8 days and we do not need to be chained to a trading screen. With this in mind, we do not need to worry about the day trading rule. In other words, we can be selective with our brokerage. However, since the trading is a bit more active, then simply laying down for the usual $5-$10 trades at Schwab would be wasting our money on commissions. The best way to trade this service would be through an account at Interactive Brokers. The minimum trade is $1 per side, and most of Kyles trades should be about $2 per side of each trade, depending on the amount of shares.
I plan on trading Kyle’s advisory for the next 12 consecutive months. And I will be updating this page in the interest of performance posterity. How do I plan on trading the service? I am going to set aside $10k of my Interactive Brokers account and purchase $2,500 worth of shares per trade. If you look at Kyle’s track record, you will see streaks of losing trades. For instance, during January-February 2014…Kyle could do nothing correct. But folks, this is what real trading looks like! I cannot stress this enough to beginning traders, if you want to be successful at this game, then you need to accept periods of rough performance. Conversely, since the beginning of 2015, Kyle has been on fire with excellent performance. Can he continue? This remains to be seen. Please revisit this page often for real time performance summaries.
Wrapping Things Up
I have now done quite a few of these trading reviews. It is becoming easier and easier to spot the bullshit performers from the true trading athletes. The bullshit artists love to market these perfect equity curves that are pure nonsense. The real traders that enter the slaughterhouse daily? The equity curves are bumpy, jagged, sometimes messy, but always seem to hit new highs. These bumpy and jagged equity curves are where the truth is waiting. This is what real trading looks like. Its hard to find honest trading vendors, especially those that put their own money on the line, trade with their customers, and eat only what they kill. Kyle Matthews has shown me nothing but integrity, honesty, openness, grit, and most importantly….a unique perspective.
Thanks for reading. Don’t forget to leave comments below. Even the haters will find that their voice is important.
So, did you ever actually trade this service?
So, Did you every trade this system?
K Capital Sends Out End of Service Announcement to Subscribers:
proof: https://tradingparadigm.com/k-capital-stock-alerts-terminating-service-effective-february-17-2017
This guy went out of business since beginning of Feb 2017, I subscribed his lifetime membership last year and cannot get his refund due to this. Do not waste any money on any those kind of service, they will take your money and run.
He tried the same on me. I threatened him with complaints to the SEC and filing a criminal complaint with his local law enforcement and I also posted on his social media about his scam. Surprise, surprise I got a reasonable refund back in the end. Don’t take no for an answer and do follow up on your threats. I smelled a rat shortly after paying for the lifetime membership and I received a group email telling everyone that they had a “no refund” policy.
When I read your post it remind me of another recent post that asked, What is the Emmett’s Curse or Kiss of Death. Here is a perfect example.
We all should learn from this post. The initial reviews were excellent, but results have to stand the test of time and changing market conditions. I’m sorry to hear you paid for a lifetime membership. You should definitely demand a refund.
K Capital is shutting up shop. Emails have been sent out offering partial refunds to life time, annual and quarterly subscribers. Maybe Kyle has collected enough subscriptions to fund his retirement. Maybe he’s figured out that trading some of the rubbish stocks he’s been pumping out to his subs is harder than he thought. Maybe he’s tired of the complaints or maybe some authority is taking a sideways glace at his operation.
Joined as a lifetime member 6 months ago and am now getting HALF of my $1300 membership fee refunded. Even if Lifetime eqauled only 5 years I should be getting back ALOT more than half after 6 months! Started with this guy because of his self stated “integrity” and stand up guy baloney per Emmet… got royally reemed! That is some way to “prorate” a refund
Hi,
I’ve been using K Capital service for 4 months now and I’m impressed with it. Sure, Kyle sends out the stock tip after he trades it himself, so his trade is getting a little push from his subscribers, but he’s honest about what he’s doing and you usually have to wait a couple of weeks for the stock to move enough to close the trade, he’s not relying on pump and dump to make money.
Most of the trades he advised ended up making money, so in my limited experience, his service is worth the money. I’m disappointed it’s shutting down.
Emmett, or anyone who is or was a member of K Capitol, please let me know how you did….how everything went. Is Emmett still in the review business?
I just sat through Kyle’s self promotion webinar and wasn’t impressed at all. His Q&A was about 5-10 minutes and he ignored my question TWICE, but managed to get the others above and below mine answered and it wasn’t even a hard or nasty question. He’s got TWO “reviews” on his site, one of which is from this service, and I, having been in a few other rooms prior to the one I’m currently in, sure didn’t get a warm and fuzzy feeling from him or his service. His webinar had a Scheister-y feel to it with his size 4 font on his charts and verified results page, like he didn’t really want you to see what was going on. And showing charts/trades that were 3 or so months old? Really??!! Not sure how he got this glowing of a review, but it defies my gut feeling after just wasting an hour in his webinar. Just my humble opinion…
Skip, this is Kyle. I must have missed your question but will answer any and all questions. Shoot me an email at kylematthew@kcapitaladvisors.com.
Talk soon,
Kyle
Emmett
Did you ever report out on how your 1 year of trading Kyle’s strategy worked out?
I looked at their website, seems the price is 75 per month now, not 50 anymore for their basic gold member. They have Platinum and Guru option and not sure it worth the price to join those,
Jia – we’re offering a 25% sale price right now using coupon code MONEY. If you have any questions please let me know at kcapitaladvisors@gmail.com.
Trade green!
Kyle
HI Kean and Dave,
This is Kyle, the Founder of K Capital. I can answer a few of your questions.
Yes, we offer trials and discounts off of the entire membership prices, not just month 1. Please email kylematthew@kcapitaladvisors.com to get more details. I can send you the promotional codes for the trials and discounts.
Yes, you can cancel at any time just via email. Once that email is received the membership is cancelled right away.
We are also patiently waiting for a re-review from Emmett and team, but I know he is a busy man. If you have any additional questions on the service or performance just email the address above.
All the best,
Kyle
Did you find this review helpful? Yes No
Emmett,
“this is been sort of, repeatedly moved down the list of priorities. I promise to have an updated report by Monday. I believe that Kyle is down 5% since the review but I need to double check that.”
Promise?… and no updates since last November?…
I have several questions:
1. Do k-capital-advisors has free trial? The website says try it risk free, however, there are no details. It goes to payment screen.
2. If I don’t like the service, is there a way to cancel it? I could not find it on the web site. 3. What is contact phone?
4. I get promotion emails of some percent off. Can this be applied to the monthly membership also or just for 1st month.
Thank you,
dave
Hi Dave,
Yes, we offer a free trial. Use coupon code FREETRIAL at checkout. Yes, you cancel at anytime via an email to us. No charge will occur.
Email me direcly for the contact phone.
You can use promo code MONEY for a 25% off sale price on any package as well!
Trade green.
Kyle
I have been using the service for two months by my readers request. I have had pretty good success with the stock alerts. Read my review here: http://www.stocksforexfutures.com/k-capital-advisors-review-swing-trade-best-stock-alert-service/
Steve Primo’s Forex Strategy Performance Results For 2013 to 2015
Does anyone know when or even if this review update is coming out? The last comment said end of October or beginning of November.
I am also waiting for this.
I LOVE this service! The market has been crappy, but I’ve learned more in the last few months from Kyle’s videos and alerts than any other service I’ve used. He’s had some great calls and I’ve made serious money. The CRWN call recently was spot on.
I definitely recommend this service if you’re swing trading!
My question is where is Emmett result that we are waiting on. Can you please let us know. thanks
Hi Arsalan,
Sorry, this is been sort of, repeatedly moved down the list of priorities. I promise to have an updated report by Monday. I believe that Kyle is down 5% since the review but I need to double check that.
Kyle is a solid guy and still one my favorite stock pickers.
Emmett
Although I just did the free trial the service was good and as advertised. The website could use some improvement but the few trades I followed did make money. I am not feeling like swing trading in this choppy market so may return to this service someday when I feel more comfortable holding positions overnight or when my account is bigger and I can free some space to just set aside for these kind of trades. If you prefer swing trading to day trading this is a good service.
Thanks Ellen! We’re really glad you enjoyed the service, and most importantly, made money using our service. We’re obviously sad to see you go, but will be happy to honor any sale price you had with us when/if you decide to come back when you’re ready.
All the best.
Kyle
Waiting for a while now and still no update. Little sad to see no update so far.
I am looking forward to the update as well.
was there ever any update on the review to this service? the comments made it seem like something was coming.
Hi everyone,
This is Kyle, the Founder. Your last couple comments are correct. The portfolio model needs to be adjusted for your starting capital. Whatever adjustment was made by the prior user of the model will save and show when the file is reopened. Just adjust that input in cell C7 and the model will reflect your results. I’d recommend everyone focus on the percentage returns to judge and see our results versus other competitors and services.
Emmett has our recent results and is updating his review I believe.
If you have any other questions just email us at kylematthew@kcapitaladvisors.com, kcapitaladvisors@gmail.com or respond here.
Thanks,
Kyle
Arsalan,
I just took a quick look. If I followed his spreadsheet correct he is only risking $200 per trade. If that is correct that is quite a large return on investment. In fact I notice he you could actual adjust the initial investment. So if I followed his spreadsheet correctly he basically had a 100% return on your money over that time period. If you adjust your initial investment to $100,000 it showed a profit of $104,000.
Assuming I followed his spreadsheet correctly and it is accurate, that seems like pretty good returns to me compared to the S&P and most mutual funds during that same time period.
But again I just looked at it quickly and I did not look at draw downs or other factors.
Thanks Rob, I just checked the spread sheet is updated from $200 per trade to $20,000 per trade. This makes more sense. I am looking forward to see the results of Emmett on Kyle strategy. Hope he can post it soon. Thanks.
I find it funny that the guys claim to fame is his trading school testimonial from Emmit
But when you sign up there is no trade history on a website apparently designed by a kindergarten.
This guy loves illiquid 3 dollar stocks.
You get messages like “I cant find any shares to short but lookin”. Dude, what is wrong with you?
Then a bit later you get a message that says “short at xxx” What he really means is FU guys that pay for my service but, you’ll never find any too short because I got em all.
What a joke. But Emmit’s testimonial is propping them up.
He doesn’t answer any emails either.
Sadly I have to agree with some of what Marty says. Many of the stock he chooses are illiquid rubbish. No sign of a proper tracking of verified trades, a clunky website and infrequent market week ahead videos.
The education section has been improved but is still a long way away from being an organized, sequentially developed curriculum that could help a new trader trade independently.
Stray Dog, would you recommend someone joining K Capital? How are you doing? Thank you so much. Also….is Emmett still in business?
Emmett is still writing reviews but since he does it for free and he reviews sites based on demand, at least 10 requests, you can’t ask for an update and expect it to happen when you want it to or expect it to happen at all.
Would I recommend joining? Only for a month at a time until you see how it goes for you. In my opinion at the time of the review the service was good and legit, the stocks being alerted had enough volume for subscribers to get into without pushing up the price, e.g. Jason Bond Picks style, now it’s not the same. For me too many of his alerts are for ultra low volume BS rubbish stocks. When you’re alerting stocks under $5, hell under $3 with volume of 80K or 60K that’s just pure BS. It makes it hard to get the fill price you want and to sell when you want. I guess it’s OK if you only want to trade $1000-$5000 at a time but they aren’t the type of stocks I want to trade.
It comes down to what your trading needs are. Some people love the low volume under $3 stock because the percentage increases can be so great but you better hope that you bought early and sold in time.
Maybe you think “Well I’ll learn what Kyle knows and then I’ll have another strategy I can use.” Wouldn’t that be nice but Kyle’s idea of education is to throw together some videos he made years ago as part of his normal updates to members. You won’t find a single video with a clearly defined topic. If he was serious he’s redo his videos so that they clearly defined topics and a logical order.
Does he track his performance? If it’s on his site I can’t find it.
Months ago he had a huge sale, something like 70% off memberships. Cynical Stray Dog thinks that Kyle went on an email quest to get 1,000+ new members, make over a million in subs and now the site is maintained just to give some credibility to charging people membership. My even more cynical self thinks he’s crossed over to the dark side and the business is all about the churn and getting new members therefore no tracking of trades and rubbish low volume stocks being alerted.
Pay for a month or two try it out. I pretty much don’t even read his emails anymore.
Not a glowing report from me I know, but hey, at least Kyle can be happy that it wasn’t Rob B who responded. 🙂
My rating is one slow low unenthusiastic tail wag.
I know nothing about K Capital, but Marty wrote, “This guy loves illiquid 3 dollar stocks. You get messages like “I cant find any shares to short but lookin””.
I personally would never short some illiquid penny stocks. What happens if you get overnight news and the stock explodes up on the open. Your stop loss is not going to do anything as you lose your shirt.
I also took a quick look and do not see where he is keeping up that spreadsheet so you can even see what he is buying and selling since 2015. Another red flag.
On a service like this I think the service should not even take a position until after the members have had time to buy or sell the stock. Otherwise you can create a pump and dump situation, where the only person that makes money is the trading adviser himself.
IMHO, I doubt very many people who join services like this make money even if the service itself makes money. What is the drawdowns? Are you going to stick with the stock picks when he is down 30% and you have no clue why he is buying or selling the stocks.
I do technical trading, but I will talk about another way I invest.
Being it is a the beginning of the New Years, I will say one thing I do and recommend people who trade to: just stop and think for a second. Look around at what is going on and think about what it will mean. Right now you got a new president with a Republican Congress who says he wants to lower corporate taxes and regulations. Think who will these policies help and who will they hurt. Will the coal companies that went bankrupt under Obama maybe do better. Seldom talk about what I buy, but when I saw trump win I bought some Coal Mining Companies bonds. I also sold low yield bonds as I think interest rates and inflation will pick up over the next few years. How will airlines do if the economy picks up and does better than a 2% growth.
I call it stop and think investing and you will beat any investment newsletter like this one if you just do that simple technique.
I can not thank you enough for taking your valuable time and writing this. Yes….I definitely believe in
“On a service like this I think the service should not even take a position until after the members have had time to buy or sell the stock. Otherwise you can create a pump and dump situation”
Thank you so much for your answer. Can’t believe you folks would spend that much thought and time answering me. Hopefully, Kyle will stick his head up and write a comment.
I guess because my post got a -1 someone must disagree with my opinion. I’d also like to hear from Kyle if any of the issues I raised are incorrect. I’d love to be wrong because like I said when Emmett wrote his review the K Capital service was solid but as a paying member of his service I think my comments are accurate.
When I get a negative thumbs down, I view as I must have hit to close to home and upsetted the shill. It is reason to celebrate.
Yes i am confuse like only $849 profit in 2 years of trading?
Arsalan,
I just took a quick look. If I followed his spreadsheet correct he is only risking $200 per trade. If that is correct that is quite a large return on investment. In fact I notice he you could actual adjust the initial investment. So if I followed his spreadsheet correctly he basically had a 100% return on your money over that time period. If you adjust your initial investment to $100,000 it showed a profit of $104,000.
Assuming I followed his spreadsheet correctly and it is accurate, that seems like pretty good returns to me compared to the S&P and most mutual funds during that same time period.
But again I just looked at it quickly and I did not look at draw downs or other factors.
Moderator why not post my earlier message i posted?
I am just little confused when I check the spread sheet for total profit so far since the start Nov 13/2013 and till october 19 total profit is only $849, Am I missing something? or am i reading it wrong. Sorry if I am wrong.
Updated performance and review set for next week.
Emmett,
Any update on the first 5 months of trading per K Capital recommendations?
Thanks for the reviews!
Ok, its time. Been waiting for someone to ask.
Will get on it today.
I am new to trading. But how does one evaluate or choose a service with 2-3 years of history? How would its strategy perform during big drawdowns or during a recession? Thanks.
JS,
We trade both long and short and have been through this downturn and now recovery. Through our history, which is posted in full, we’ve gone short several times and most definitely over the course of the last 3 weeks. We have specific techniques and patterns we look for in any market that help us capture the downside in bearish markets.
I can offer more specifics if you’d like. Just email me at kcapitaladvisors@gmail.com
Thanks,
Kyle
Thanks garrym! We’re glad you’re enjoying the service and making some money with us! There will be a lot of changes coming in the next few weeks! Stay tuned.
Kyle
have been with kyles service for about 2 weeks,so far so good
have the basic membership(no email or text alerts)
need to keep looking at the website,but not a problem
Will upgrade to the platinum level
Kyle responds to emails promptly
enjoy the service
Thanks for the taking the time and effort to provide this service of unbiased reviews. I too was captured by the flashy websites and the promises of small fortunes everyday. I was almost ready to start a service with Jason Bond but doing some due diligence and investigation I chose not to. Thanks again for honest reviews and I am taking the leap with Kyle’s service. I have educated myself on technical analysis but still need a little guidance.
Kyle is a serious guy. No BS whatsoever.
Craig, could you update me on how you are doing with Kyle’s service?
Kyle is alerting stocks that trade as low as 60K in volume to his subscribers Do you want to be part of a service that trades that sort of rubbish? Its certainly not what it use to be and when those sorts of stocks are being alerted it has the feel of a pump and dump operation
I’ll move to over to this service: http://dailyetfalerts.com/performance.html because they enter ALL orders at the OPEN of the market (market on open) so that ensures one can actually exactly MATCH the posted results. With Kcapital it’s when Kyle enters or exits then he sends and email with what he has done. There are no actual TARGETS or STOPS he just watches them…so unless you are able to place a trade at any time of the day you will have a hard time to match it.
With the service I am trying now…..all TARGETS and STOPS are HARD and SET . Also there are no add ons to losing positions and it is much easier.
Hi- question both to SMTM and to Emmett: is there a review/ update on dailyetfalerts?
Thank you!
Dailyetfalerts have this disclaimer on their performance page ” All published results are hypothetical gross results without adjustment for trading cost. (commissions, fees & slippage)” if it’s such a great system then surly they’d be prepared to put a few thousand per trade of their own money but they aren’t.
Of course Kyle isn’t any better. He closed up shop 18 months after his massive email drive to get new members and tried to walk away with more than half of their subscriptions fees for life time memberships. He sent out emails saying that K Capital had a no refund policy so he was being a real upstanding citizen for giving back any of the subscription fees members paid. 18 months isn’t a very long life time. What a scumbag. I had to threaten legal action to get a proper refund. If anyone didn’t get their cash back contact the authorities.
Christian,
A member can most certainly enter the stop loss order we supply, but we just don’t recommend that since so many small and mid cap stocks can be manipulated to that price and then the price rebounds. Furthermore, with our alerts, we’re watching the market for you. That’s one of the many reasons you’re paying us. So when we close at the given stop loss you’ll know immediately. So no, a member does not have to be watching the market all day.
Hopefully that helps.
Kyle
I have a question: You swing trade but Stop Lose is still mental ? So in fact have to watch all the day the open trades ?
D.A.,
Thanks for the feedback. To address your three specific points in your comments, I’d like to start by saying that it’s assumed a trader should be available during the day in some capacity to enter and exit a position whether they swing trade or not. That’s the sole reason we send texts and emails and I’ve yet to hear a complaint about timing or execution problems from our members. If one isn’t available to trade and we enter a trade then that’s obvious they wouldn’t get the best execution or the same price as we did. There isn’t much we can do about people’s schedules or timing from our end.
Second, I must admit that, yes, CDE was a loser. Our first loss of over 15% in a long time and the first time we haven’t honored our suggested stop price. To be frank, of the hundreds of trades we’ve alerted I think it’s pretty darn good to have only one where the stop was ignored. That said, we ignored the stop for legitimate reasons, which as you are most likely a member or were, you saw those. We didn’t randomly not honor the stop loss. That said, it was one of a few where we did not honor that price.
Second, SD has and always was a long term call option on crude. It was never a short term play and the suggested stop price was always presented for our members who wanted to swing trade the position – not open and keep it as a long term investment. From the beginning we said we would not be honoring that stop as we would average down knowing SD as a long term prospect could pay off handsomely. Hence, why we averaged down and when taken into account our current open loss is not close to 70%. Regardless, we’re still up 120% in realized gains since inception which as Emmett has reviewed are legitimate.
Our apologies if you’ve taken losses in CDE and SD, but they are few and far between given our history and track record.
Best,
Kyle
Very LOW cost that seems reasonable, but unless you are available at any moment during the day you may not get the best entry. The biggest issue is the NON COMPLIANCE with stops. Meaning he does not honor stops. The latest example was CDE, which was recently closed for over a 20% loss after not listening to their suggested stop. ” Long CDE at $6.10 on the pull back. Mental stop of $5.75 / $7 target to start.” He closed out the position at around $4.50 AFTER adding to the losing position.
They say, “mental stop of X” but when price goes to that level they do nothing but watch it go down and usually average down even tho CDE is in a major downtrend since the past 2 years. Also, they have been buying the stock SD for months i think they are down over 75% on that.
Horrible money/trade management (where it counts)….stops should always be honored as they were originally intended from the original analysis.
I have not been making money with this and can see many flaws.
John,
The math is right and that’s the reason capital allocation, which we teach, is so important. You can have successful and profitable trading at 40% win rate because your winners are so much larger than your losers which we cut.
Kyle – CEO & Founder
I don’t know how you guys do the numbers but I looked at there performance the way I did it doesn’t make sense to me by today 07/04/2015 out of his last 80 trades from number 200-279 only 35 are winning this is about 40% only.
I’ve been one of Kyle’s happy clients since March 2015, and have enjoyed his profitable picks since then. Easy to enter and exit as prices on his alerts as the stocks don’t move like crazy after his alerts.
Only downside is his SD pick. A very long-term pick, which I think he shouldn’t have included as it’s not a short-term swing trade. Though I appreciate the trade idea and do have it in my account.
“Easy to enter and exit as prices on his alerts as the stocks don’t move like crazy after his alerts.” That’s what worried me. If he has thousands of members….that happens sometime. Don’t know why not with Kyle. Great. Andy, could you update me now? How is this service going?
Thanks for the review and the spreadsheet. I am going to give this a shot, since swing trading is more my style and I have traded some of those picks.
As far as the website aesthetics, who cares?
If you want a snazzy marketing site without a ton of effort or expense, install wordpress, buy optimizepress 2.0 (many marketers use it) and bingo, your done. Drag and drop everything, pretty self-explanatory, and when use see the theme you will instantly recognize how widely used it is.
Thanks Tai! I’m happy to hear you’re enjoying the service and making money with us! Happy to have you on board.
Kyle
Kyle, I’m just glad to find someone that trade in a way that is similar to my own. I look forward to learning more from you.
After reading your review, I decided to take the plunge and join his service. $50/month is a real bargain. So far, his picks have been very profitable, especially ANTH. He doesn’t have many picks so they are easy to manage and lay them out on charts and usually have videos to explain what he’s doing or planning to do. You really don’t need his email/sms alerts to know when to get in or out.
Great review. In my experience with some other service by the time subscribers get the alerts the stock has moved so much that most of the gains are already gone. In fact, I have seen it where I get a text to buy and then 5 minutes later one to sell – almost as if the service provider was profiting off of their subscribers! Even though it is a swing service there seems to be limited gains given the liquidity of the stocks suggested.
Just wondering what the experience is like on Kyle’s service – does he experience runups once an alert goes out. I suspect not given the longer hold periods, but wanted to check. Thx.
Definitely no front running with Kyle. This is a swing trading service, plenty of time and pullbacks. And I am 100% that this guy is no fraud. Can he continue to trade effectively? This remains to be seen. And this is my 1st foray into a technical fundamental hybrid. I am hoping he turns out to be another like Sound Advice newsletter. Sometimes if you can catch these guys early in their careers, you can build a valuable relationship.
Kyle’s trades are winners only 40% of the time. That’s fine though small losses are made up by big winners of 20%+. However, he uses 2 to 1 margin account which means he used $70K capital (initial start with $35K) and returned $79K roughly over 18 months. That is $9K return on the $70K trading fodder used. Please correct me if I am wrong somewhere.
Where are you getting the return numbers or $79K/$9K in your example?
hi, where can i find the average and overall actual month by month returns as well as yearly? The website isn’t so clear.
Hi Joe,
Thanks for the feedback and question.
This is Kyle, the founder of K Capital. I came back and saw your question so I figured I’d respond directly. The performance page and google document have each trade through our history with the overall return, but do not have the month by month or yearly. I can certainly add that to the site as it’s a great idea.
Here’s the link for the Performance page that Emmett audited. http://www.kcapitaladvisors.com/stock_alerts_performance/
Best,
Kyle
Steve Primo’s Forex Strategy Performance Results For 2013 to 2015