In a recent presentation on the Banyan Hill Publishing website, Clint Lee says he’s made a “breakthrough discovery” that has the potential to 12X your money in three years.
And according to the presentation, it’s as easy as 3, 2, 1… profit.
Or is it too good to be true?
It’s a bold claim, but I was curious, so I decided to look into Clint Lee’s system to see what it was all about and find out if it’s legit. And in this review, I’ll show you what I learned to help you decide if the service he’s pitching, Slingshot Profits, is worth the $1,495 price tag.
Clint Lee’s “Profit Countdown” System: Easy As 3, 2, 1… Profit or Hype?
I first heard about Profit Countdown through an email that led me to a Banyan Hill presentation featuring Ted Bauman and Clint Lee. The title of the presentation states that a “breakthrough discovery” could have already pinpointed six different triple-digit stocks.
This isn’t the first time I’ve come across Ted Bauman or Clint Lee. Nor is it my first encounter with the company they both work for, Banyan Hill Publishing.
In fact, I only recently wrote about a similar service to Slingshot Profits called Profit Switch, which claims to help you make one winning trade each week and is run by Ted Bauman and Clint Lee.
Anyway, the presentation begins with Ted Bauman talking about a phone call he recently had with Clint Lee (or Mr. Bullseye as he refers to him). Ted says Clint called him up recently to discuss a “huge breakthrough” on a strategy he’s been developing called the “Profit Countdown.”
And according to Ted Bauman, the reason it’s called Profit Countdown is that when a specific metric is triggered, it gives them the “literal countdown to the moment a stock is set to take off.”
Ted says it’s given them a “completely new way to look at the stock market” and allows them to time trades with “incredible accuracy.”
And according to Clint Lee, the man behind the system, he’s been working on it for ten years.
After spending a few years on Wall Street, Clint says that he developed models that could calculate when “slingshots were likely to occur” in the market. However, he says he struggled to get the timing aspect right, and because of that, put it on the backburner.
What does a “slingshot” have to do with trading?
The “slingshot” Clint Lee is referring to has to do with market trends. He says strong trends are like rubber bands in that if they’re pulled off course, “eventually they’ll slingshot back with incredible force.”
And these are the types of opportunities he looks for, stocks that are trading in a strong trend that, in his opinion, have deviated from that trend and that he thinks could “slingshot” back.
And according to Mr. Lee, with the help of a “little-known equation” that The Washington Post has referred to as “the Math of God,” he’s managed to get the timing right. In fact, he claims he can now time these “profit slingshots” to the point there is a “literal countdown.”
When I plugged it into my existing models, I found I could finally countdown to these slingshots like clockwork.Source: https://pro.banyanhill.com/p/WMC-SLN2021-002/WSLNXA03/Full
What is a “Math of God” equation?
According to Clint Lee, at a basic level, it “sequences the closing price of a stock four time periods ago with its closing price now.” From there, he says it “gets a lot more complicated.”
I researched this to figure out what equation he was referring to and try to understand how it works. And it appears as though the “Math of God” quote Clint Lee cites from the Washington Post was taken from this 2012 article.
Based on that article, the equation Clint Lee is referring to in the presentation has to do with a numerical system for predicting market behavior created by Tom DeMark.
In short, DeMark is a technical trading expert who’s advised some of the biggest names on Wall Street. For example, Paul Tudor Jones, Steven Cohen, and John Burbank.
According to The Washington Post article I just linked to, DeMark believes “markets are governed by waves that crest and fall” based on the Fibonacci sequence and associated golden ratio.
What’s more, it turns out DeMark created a technical trading indicator known as The DeMarker indicator (DeM), which, according to Investopedia, is a “tool used by technical traders to time market entry and exit points.”
So, based on what he says in the presentation, Clint Lee is most likely basing the timing aspect of his trades (i.e., the “countdown” part) on either The DeMarker indicator or some other indicator based on Tom DeMark’s work involving the Fibonacci sequence.
In any case, whatever the equation is, Clint says it’s like the Holy Grail of investing…
I mean, really, this is like the Holy Grail of investing. A secret code that tells you when a stock is set to take off.
I’m no math wiz, nor am I privy to the inner workings of the model Clint Lee uses to recommend these “slingshot” trades. So I don’t know for sure how he is timing his trades or if it’s as accurate and potentially profitable as he suggests.
And Slingshot Profits, the service Clint Lee is selling where he shares these trade ideas, is a brand new service. So it doesn’t have an established track record as of writing.
However, they do provide some backtesting data. So let’s take a look at what this service is about, how it works, and how well it supposedly performed. Then we’ll look into Clint Lee’s background to figure out if he’s someone worth paying attention to.
What Is Slingshot Profits by Clint Lee?
Slingshot Profits is a weekly options trading advisory service run by Clint Lee of Banyan Hill Publishing. The cost of joining the service is $1,495 per year, and as a subscriber, you get trade recommendations, alerts, and training aimed at helping you trade profitably.
The main component of the service is the trade alerts and weekly videos from Clint Lee.
Each week, subscribers receive a new trade alert via email based on his “slingshot profits” system. Also, given the time-sensitive nature of the trades, you can opt to receive a text message alert when new trade recommendations are released or access them through the Banyan Hill app.
Regardless of how you access them, the purpose of the trade alerts is to give you everything you need to place the trade within your own brokerage account. For example, the ticker symbol, price to enter and close, timing, and so on.
On top of the weekly trade alerts, subscribers also receive a weekly video from Clint Lee, which details his analysis and updates on any current trade opportunities he’s tracking. And if you prefer to read, there’s a transcript of the video made available.
Together, the weekly trade alerts and videos are the main aspects of the Slingshot Profits service. However, you also receive some training guides to help you get started and learn about options trading.
The first guide is the Slingshot Profits trading manual. This shows you everything you need to know to follow the service—things like choosing a broker, setting up your trades, and closing the positions you set up.
And the second resource is the Options 101 Guide which is designed to help you learn how to trade options. This is important since options are at the core of this service, and they can be a bit confusing if you’ve never dealt with options before.
How Does Slingshot Profits Work?
Clint Lee says his Slingshot Profits strategy is based on ten years of development which began when he was a Wall Street trader, and that it works in three stages.
- The first stage is all about finding stocks at the “early-to-mid stages of powerful trends.” And he says he’s set this system up to profit whether the market is going up or down, so the stock could be trending up or down. The important thing is that it’s in a strong trend.
- Next, Clint says he looks for when the share price starts moving in the opposite direction. This is akin to the “rubber band” he talks about in the presentation being pulled back.
- Third, once Clint believes the right conditions are met, he says the “countdown triggers” and if it “hits zero” he makes the trade recommendation to subscribers, in the hopes the stock will “slingshot back” and reclaim it’s previous trend.
How does the options trading part work?
Options are more advanced than buying and selling regular shares, but they can give traders more upside potential, just as they can maximize the downside risk.
And unlike regular shares where you’re betting the price will go up, options allow you to bet on the stock moving up or down.
In short, Clint Lee’s Slingshot Profits strategy leverages two types of options – buying call options (bullish) and buying put options (bearish).
When a profit slingshot fires upward, we buy a call option to magnify our gains. And when it fires downward, we buy a put option to accelerate our profits.
Investopedia provides a technical explanation of what options are and goes into more detail on how they work. So I recommend checking that out if you want to learn more.
However, the short version is this – options give you the right, not the obligation, to buy or sell the underlying asset (i.e., shares) at the agreed-upon price, at or before the agreed-upon date.
In other words, they are “derivatives” of the underlying stock and allow you to speculate on the price of that stock without actually owning any shares.
In one way, options can be a great way to maximize your returns. However, they are also more complex and potentially riskier. Because if the trade goes against you, then you’re entire position can be wiped out since you don’t own the underlying shares.
In any case, Clint Lee says that, while there will be losses, he has backtested the system and found that, accounting for winning and losing trades, it has seen 12X gains in three years.
In the next section, I’ll go into more detail on this.
How Much Could You Make With Slingshot Profits?
As mentioned earlier, Slingshot Profits is a new service, so the service does not have an established track record to speak of. However, Clint Lee claims that he and the team at Banyan Hill have backtested it and provided some of the results in the presentation.
It’s basically where you run a trading system through historical data to see how it “would have” performed over a set period of time in the past.
It’s not as good as having data from actual system users, but backtesting is common practice in the trading world as it can help traders get an idea of how well their system might perform in the future.
In this case, Clint Lee says he tested Slingshot Profits against the last three years of stock market data across hundreds of individual stocks. And every time the “countdown hit zero,” Clint says he and his team simulated a trade.
How did it perform?
According to Clint Lee:
The simulated trades show this could have returned 1,165% over the last three years.
That’s a 12X return.
He says they started with $25,000, never risked more than 15% of their account balance on any one trade, and turned that into $300K within three years.
Which works out to a roughly 12X return all up.
Clint also says that the “average trade would have closed out for a 45% profit in just 29 days.”
And according to the presentation, during a nine-month stretch of testing, he was able to win 19 trades out of 20 for an average return of 56% in 55 days.
When you do the math, which I did, seeing a 56% return every 55 days works out to way higher returns than 1,165% in three years (if you reinvest all the profit).
So, based on the data he shares in the presentation, 12X over three years is the most conservative result he says the system has achieved.
I’ve seen finance gurus make bolder claims about their services than this, and Clint Lee doesn’t guarantee you’ll make 1,165% in three years.
However, this is still well above average. The historical average stock market return is about 10% per year, so he is suggesting that his service can significantly outperform the market.
It might, but there’s no guarantee.
Who Is Clint Lee?
Clint Lee is a former money manager, and he’s the one behind the Slingshot Profits trading advisory and another service called Flashpoint Fortunes.
Clint is often referred to as Ted Bauman’s “right-hand man,” and I’m guessing that’s because he and Clint work together on several Banyan Hill Publishing services.
For example, Clint is an analyst for two of Ted Bauman’s premium services, The Bauman Letter and Profit Switch, and contributes to a free email newsletter called Bauman Daily.
Ted Bauman also refers to Clint Lee as “Mr. Bullseye,” and, from what I can gather, this is because Clint is an expert on technical trading, whereas Bauman is a former economist and is more focused on the macro side of things. So it’s easy to see how they’d make a good team.
Here’s a Youtube video I found where they are talking about trading:
I thought that was worth sharing because it might give you a bit more insight into who these gents are and the types of strategies they teach to their followers.
In any case, according to the Banyan Hill website, Clint Lee started his investing career in 2004 as a money manager who provided research to “some of the largest institutions in the world.” And he apparently managed more than $2 billion in assets for his clients.
The site also says that he holds an MBA and that one $600 million fund he managed was “recognized by U.S. News & World Report in 2019 as the No. 1 fund in its category.”
Is Slingshot Profits Legit?
Whether or not Slingshot Profits will help you make 12X gains in three years is not something anyone can guarantee you, but I don’t believe the service itself is a scam.
Based on my research, Clint Lee is a legitimate investment expert with almost two decades of experience. And he works closely with Ted Bauman, a veteran in the advisory space.
Not to mention, Banyan Hill Publishing is a Baltimore-based company that has been around since 1998, so it’s unlikely their objective is to scam anyone.
I’ll admit, I have felt that some of their presentations have been overhyped over the years. And that’s putting it lightly. But not all of the presentations are like that.
And what I’ve found is that with Banyan Hill, the service itself is often legitimate; it’s mostly just the marketing behind their services I haven’t been a big fan of.
In this case, I didn’t find the Slingshot Profits presentation misleading, but I do believe it’s a bad idea to join any service expecting to make such high returns, especially when it’s a brand new service that doesn’t have an established track record yet.
The other thing worth pointing out is that there’s a no-refund policy with this service. So if you sign up to Slingshot Profits and aren’t happy with it, there’s no getting your money back. And at a cost of $1,495, that is something to consider.
On the plus side, according to the order page on the Banyan Hill website, if you’re not 100% satisfied with the service before the end of your first year, the company gives you credit to use on a different Banyan Hill Publishing service.
The site also says that if the service “doesn’t give you the opportunity to close out at least 12 triple-digit gains over the next 12 months”, you get a second year of Slingshot Profits for free.
It’s unclear if you get both (i.e., access to another service and a second year’s access to Slingshot Profits), but you at least get one or the other based on what the site says.
Slingshot Profits is a new service from Banyan Hill Publishing’s Clint Lee that he says made a test account 12X returns over the past three years based on backtesting data.
To recap, Slingshot Profits is based on a three-stage system. First, Clint says he looks for stocks in a strong trend (up or down), then waits for the stock to deviate from the trend. And finally, he places an options trade to capture the gains as it “slingshots” back into its former direction.
That’s the gist of it, anyway.
It might be possible to make 1,165% in three years (or better) with a system like this, but I wouldn’t assume that this will be the result if you sign up because that’s well above average. As with any advisory service, tool, or strategy – there are no guarantees it will make you money.
Also worth mentioning is that successful trading is rarely as “easy as 3, 2, 1… profit.” The system itself is designed so that all you need to do is follow Clint Lee’s recommendations, sure. But I am yet to meet any successful trader or investor that didn’t put the effort in.
So I think it would be wise to educate yourself on becoming a successful trader/investor, regardless of whether or not you join Slingshot Profits. Because following someone’s trade picks without learning what you’re doing is a recipe for disaster in the long run.
That’s why I think it’s good Clint Lee provides some training. And there are plenty of great free resources out there to learn from too. For example, there are free blog posts on the Banyan Hill website, Youtube videos like the one I shared earlier, and free email newsletters.
So that might be a good place to start your journey if you’re considering joining but don’t want to pay $1,495 or as a way to learn more as you go.
Either way, what you decide to do is up to you. Hopefully, what I’ve shared with you in this post helps you make a more informed choice either way, and I wish you the best moving forward.