Menu

Day Trade SPY Review: 5% Per Day Magical Trading Scam?

Day Trade SPY Review: 5% Per Day Magical Trading Scam?

Share This!

Daytradespy.com is owned and operated by Hugh Grossman. Hugh is touting 5% daily return with his secret magic trading method. The trading magic is so expensive that many people can’t just make this purchase without first looking for reviews of Day Trade Spy. So in this review, we will educate you and help you make up your mind whether or not to purchase this trading system.

For only $2500, you too can realize your wildest dreams of unlimited shrimp cocktail and bikini babes lounging by the pool. Unfortunately, this so-called investment strategy is not rooted in reality. Rather, it’s floating in an orbit of ether and snake oil. Does anyone really believe they can easily earn 5% daily investment returns, with only 1-hour of work? Buyer beware. In spite of this outrageous proposition, Hugh Grossman remains a lovable and laughable character. A worthy carnival barker probably. If you desire to make your trading simple and stress free, you should make use of these products. 

Day Trade Spy review

What is Day Trade SPY? The company is owned and operated by Hugh Grossman, out of Niagara Falls, New York. The company is offering the following products and services:

  • Hugh’s Inner Circle: $110 per week where Hugh shares his “Morning Market Assesment.”
  • Pick of the Day: $50 per week. At 9:00 am EST, Hugh makes one trading recommendation.
  • Hugh’s Trading Room: $110 per week. The room is 30-45 minutes and Hugh shares his “thoughts.”
  • Hugh’s Basic Trading Course: $1,500. A course that teaches you how to earn 15% every day before 10:30 am.
  • Hugh’s Ultimate Trading Course: $2,500. A course that teaches you how to turn $1k into $100k in one year.
  • Hugh’s Trading Videos: 10 ‘secret’ videos for $1,490.

According to Archive.Org, the DayTradeSPY website has been in operation since 2016. Prior to 2016, since at least 2010, Hugh Grossman operated another website named eStockOptionTrading.com. This URL now forwards to DayTradeSPY.

5% a day Trading Performance

On the Day Trade SPY website, there is a performance page that lists the supposed trading performance of Hugh Grossman. It looks good. Too good. In fact, Hugh Grossman claims that he earns 5% daily, trading only one hour each day. The following screenshot was pulled from the header section of the website.

NB: Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners.   With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout In First Few Hours After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase.

endotech_AI_for_auto_crypto_trading

At this point, most readers are probably sighing or screaming at their computer screen. Can anyone really earn 5% each and every day? Trading only one hour per day?

Wow Hugh, you truly must be the world’s greatest trader and financial savant. If we were to invest only $100 into your super secret trading method and simply reinvest the earnings, then at the end of one-year, my total profit would be $4,247,778,498.86.

Yep, in only a single year we can turn $100 into over $4 billion dollars.

Just a few more weeks and Hugh’s secret trading method will pay off the entire $20 trillion national debt! Therefore, we hereby nominate Hugh Grossman Secretary of the US Treasury. His truly magical trading method, which requires one hour each day can enrich every single American. We can all be rich! The best part is that Hugh claims that his method is “simple.”

Reaching out to the owner of Day Trade Spy

We first came in contact with Hugh Grossman in late 2016. A reader us sent me an email and requested that we review the trading service. They had sent me a screenshot of the supposed “5% daily” investment returns…we both had a giggle.

My initial impression was…who would actually believe something so outrageously fraudulent? This sort of thing is just whacky. So we next sent Hugh Grossman an email and introduced myself. We requested an official review. In our email, I explained that hardly anyone that cooperates and is completely honest and transparent will get a bad review. We recommended that he call me. That based on the “5% daily” investment returns, it was highly likely that I would have plenty of fun with this review.

To my surprise, Hugh called me. He was familiar with my strange obsession with writing about trading educators. The conversation started off funny, and only got funnier. We told him, Hugh this is just nuts! He responded, “How many carnivals sold tickets to see the 185-pound fat woman? Exactly none. But there are quite a few knuckleheads that will spend their money to see the 850-pound fat woman.” He is correct.

From the first minute to the last minute, Hugh was hilarious and extremely fun natured. Nobody likes it when we start asking the tough questions. Like, do you have account statements? Which we asked Hugh. And he calmly replied, “No.” Then we asked, do you even have a trading account? He replied, “yeah, but we don’t trade much.” Oh man, I just sat and thought to myself, what are we going to do with this character? At the end of the conversation, we told Hugh the following:

If we don’t get any complaints, you won’t hear from us again. You are too small to write about. We asked him to try and start trading with a live account for a potentially positive review. Please stay small. If you get too big, then we have to write something.

Our best advice for you

In this Day Trade Spy review, we really tried to extract and separate Hugh Grossman from ‘Hugh Grossman 5% daily investment returns’. The truth is that the owner of Day Trade Spy is a really charming and fun character. The kind of guy that we would really enjoy hanging out with. He is fun and entertaining. But we are also sure that Hugh is going to read this, and his feelings will be hurt. Nobody likes to be called a snake oil salesman.

Ultimately, our loyalty remains with the consumer. The real ‘Trucker Rick’ that is genuinely searching for answers, and looking for honest solutions. We cannot allow ourselves to be conned. And by not telling the truth about this website (at least my truth) would betray the trust of the audience. Thanks for reading. Would love to know your thoughts. Have you ever been duped by a lovable con artist? Stick to these trading tools.

If You'd Like to Get Notified When This Blog is Updated, Subscribe Below...

Summary
Review Date
Product Name
Day Trade Spy
Author Rating
21star1stargraygraygray

One Reply to “Day Trade SPY Review: 5% Per Day Magical Trading Scam?”

  1. I have lost a fair chunk of money with Daytrading Spy but I would have a hard time calling Hugh a snake oil salesman. I think he could be more forthcoming on how much difference there is between the paper money platform vs real money. It is quite easy to make the 5% per day on the simulated trades.

Leave a Reply

Your email address will not be published. Required fields are marked *

endotech_AI_for_auto_crypto_trading




Binary Option Scams, Warnings, Reviews & Updates...

Endotech_autotrading

Popular Articles

Follow Us

Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons