7 Day Stock Market Glitch – Is James Altucher Legit? [Review]

Looking for a review of the 7 Day Stock Market Glitch?

The 7 Day Stock Market Glitch is an investment research service offered by James Altucher.

I’ve been reviewing various email promos for it lately so I decided to take a closer look.

I’ve put together a review sharing the pros and cons.

Keep reading to get all the details!

Before I start…

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7 Day Stock Market Glitch - Is James Altucher Legit? [Review] 1

7 Day Stock Market Glitch Review

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Introduction To 7 Day Stock Market Glitch

The “7 Day Stock Market Glitch” by James Altucher is an ad for Weekly AlphaBrain Alert, his newest investment research service.

It is all about a glitch that cannot be seen with the naked eye; “errors” that self-correct within days allowing you to collect a small payout if you spot them fast enough.

I’ve reviewed other services from James Altucher like his Weed-Tirement, but I’ve also reviewed similar short term investment methods like 10X Your Money, Penny Contracts and more recently Junior Mining Trader.

Here is what the 7 Day Stock Market Glitch website looks like:

7 day stock market glitch

James has developed a proprietary system, “AlphaBrain”, which can spot these abnormalities.

Its job is to scour the market looking for glitches that can be exploited.

These bugs are mostly caused by “automated execution algorithms” – some computers accidentally flipping a switch from hold to sell at once.

Other times they are caused by irrational investor behavior, human errors, spikes in market volatility, illegal “wash sales”, just to mention a few.

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Who is James Altucher?

James Altucher is a former hedge fund manager, entrepreneur, podcaster, author, and software developer.

He knows his way around Artificial Intelligence (AI) algorithms and has even worked with Kai-Fu Lee, who played a major role in pioneering the technology behind modern AI systems.

James played a part in developing “Deep Blue,” the chess computer program that beat a world chess champion.

When he was hired by a quant hedge fund manager called Victor Niederhoffer, he combined his programming skills with investing savvy to beat the markets and mint a fortune.

He wrote a book called Trade Like a Hedge Fund to document his experience.

James is many things… a software developer who is uses his “powers” for profit is one of them.

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How does 7 Day Stock Market Glitch Work?

Here is how the “AlphaBrain” works:

  1. It scans the markets non-stop.
  2. When it spots an anomaly, it alerts James, who does his analysis. If it is a good opportunity, he notifies his readers to open a position.
  3. A few days later, he sends another message telling them to close their positions.

James does not recommend stocks, he prefers options. Options are more scalable than stocks and they are cheaper (especially when the stock belongs to a big company).

For example, with as little as $40, you can acquire a few if they happen to trade for cents on the dollar and your returns will be up to 100 times the normal stock gains.

For this presentation, James compiled a report called Glitch Detected! How To Make $4,946 From Your First AlphaBrain Trade. If you had acted quickly, could have been in with a chance (I don’t think it is still viable seeing as these trades close in a matter of days).

Although that investment opportunity has already passed, you can gain access to other opportunities by subscribing to James’ new investment advisory service, Altucher’s Weekly AlphaBrain Alert.

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When you sign up, you are entitled to the following:

  • New trade recommendations every week gleaned from the AlphaBrain algorithm.
  • Urgent Glitch detection alerts
  • A guide called The AlphaBrain Quickstart Manual. It shows you how to make the most of James’ recommendations and how to trade using your retirement account (IRA, Roth IRA, or 401(k)).
  • You also receive the AlphaBrain Confidential: The Five-Part Video Series. James takes you through the process of trading even if you have never done it before.
  • The Commission Killer Blueprint shows you how to boost your returns by bypassing the middlemen.
  • Urgent Anytime Profit-Taking Alerts: Sell alerts to consolidate your gains.
  • Automatic texts (“AlphaBrainSMS”) when the AlphaBrain algorithm triggers a buy or sell alert.
  • Quarterly “Flash Profit Trades” when the algorithm detects a “Flash Crash.” Flash crashes occur when there is a market-wide plummet.
  • Regular Portfolio updates

James is also working on the AlphaBrain app, which will be a hub for all the services rendered to his newsletter readers.

Bonus

You will be subscribed to free daily e-letters, including Altucher Confidential, The 5 Min. Forecast, and One Last Thing

Subscription Fee

One year costs $1,995

A three-month trial costs $650

Performance Guarantee

There are two prongs to the performance guarantee:

  • Altucher guarantees at least ten 100% winners in the next twelve months. If he fails to deliver, you get an extra year for free.
  • He also promises an 86% win rate over the next year and if he doesn’t deliver, you get an extra year of the service for free.

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Is 7 Day Stock Market Glitch a Scam?

The “7 Day Stock Market Glitch” is not a scam.

As the back-test results show, sometimes James’ system makes mistakes and loses money.

This shows that his system is not perfect – and that is a good indicator because anyone who knows how the markets work knows that no system should be perfect.

If it were fake, it would have “a perfect record,” which is completely unrealistic.

Pros of 7 Day Stock Market Glitch

  • Since these trades typically take seven days to open and close, you do not leave yourself exposed to risk for long.
  • Most recommendations involve established companies. Therefore, they are relatively stable and not susceptible to volatility.

Cons of 7 Day Stock Market Glitch

  • Manipulating the seven-day glitch is risky because sometimes, the plunges are real stock price falls and not glitches that correct themselves in a couple of days.

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7 Day Stock Market Glitch Verdict

The 7 Day Stock Market Glitch is a consequence of algorithms making mistakes intentionally or unintentionally (only the people who run them can tell for sure).

These mistakes cause stocks to drop abnormally for a couple of days before they correct themselves.

These movements cannot be detected without the help of software such as James’; it alerts him when these glitches happen and allows him and his readers to take full advantage of them for weekly paydays.

Nevertheless, as you go in, be cautious and invest only what you can afford to lose because past performances do not guarantee future results.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my recommendation below.

It’s helped me earn over $300k in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

7 Day Stock Market Glitch - Is James Altucher Legit? [Review] 1