Wendy Kirkland Trading Review: I Looked Inside the Strategy So You Don’t Have To (Backtested over 100 trades)

Before you consider purchasing any of her products or services, I would highly recommend that you read my review below.

I want to start by pointing out that she was barred by the SEC in 2020. Here is an excerpt from the PDF, which you can find here:

False and Misleading Representations Regarding Trade Signal Services

Kirkland stopped trading options in or around 2012 and never made millions through options trading.

“Kirkland be, and hereby is:
barred from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization; and
prohibited from serving or acting as an employee, officer, director, member of an advisory board, investment adviser, or depositor of, or principal underwriter for, a registered investment company, or an affiliated person of such investment adviser, depositor, or principal underwriter.”

My experience with her systems 

When reviewing any courses, books, setups, or software, I am extremely skeptical of sellers who refuse to provide detailed backtests or who are vague about any part of their methodology. 

I first came across Wendy Kirkland’s systems a few years ago on YouTube around 2018. I watched several of her videos, and at the time she appeared to be selling two systems. I made several attempts to contact their support and never got a response back about backtst data she offered to show for her trading but was never provided.

In any event I decide to find her trading setup and run some backtests of her trading setups myself. I watched 4 or 5 videos which gave small clues to piece it all together although they were a little confusing as she kept giving slighlty different versions of her setup. In one video she says to use the ADX with the DI and provides specific settings (see notes). In another video, however, she gives different settings and says to use the standard ADX settings without the DI.

1) CCI Sharkfin System

The first system is based on signals from the CCI indicator (which she calls the “Sharkfin” system) and focuses on identifying overbought and oversold conditions.

2) Merit Paycheck Service (P3 System)

The second is the Merit Paycheck service, which uses her P3 system. This system combines a PPO or MACD indicator with two ADX indicators and again attempts to take trades based on overbought and oversold conditions.

3)Her current system that she is pedallign is call the DNA(Direct Next Action) system. Most of her videos seem to be on the Select Market Services channel. The date of the videos on YT is in 2026 so she is still selling courses and services. I have no experience with this but it loks to be based on another new indicator. But based on all those horribly underperforming ones, and blatant mistating results IDK how you could possibly trust her at this point. Seems like just another scam.

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My backtest Results

In her videos she states multiple times that she prefers to use both of these systems on the QQQ daily chart. She says you can use it on other stocks and time frames but mainly on this so I'll show you the real results of a backtest I just did yesterday using the exact same rules she uses on the QQQ. She never gives the exact rules for getting stopped out or taking profit so i made some assumptions and backtested various ways of doing so.

1)CCI system

2)P3 System

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What Others Are Saying

1. Many reviews on Trustpilot where the majority are negative https://ca.trustpilot.com/review/www.tradewins.com

2. Forum posts on Stockgumshoe where the majority are negative.The hefty $1,997 price tag, combined with the poor performance reported by users, appears to be a common complaint.

3.  https://www.stockgumshoe.com/2014/01/microblog-merit-paycheck-trading-the-qqqs-from-wendy-kirkland/

5. Another forum where the respondents said the figures she gave to sell her courses were hypothetical and not real https://nexusfi.com/trading-reviews-vendors/28117-past-experience-wendy-kirkland-4.html

6. In 2020 she was indicted by the SEC. She and her two business partners were each fined $40,000 and banned from selling their investment services in the future.https://www.sec.gov/files/litigation/admin/2020/34-88797.pdf

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Where You Can Find Her

Websites

http://www.f3advisory.com/

https://www.ffrtrading.com/trader/wendy-kirkland/

https://weeklywealthadvisory.com/

https://www.tradewins.com/wendy-kirkland/my-early-retirement-income-trading-merit-qqq/

YouTube

https://www.youtube.com/watch?v=KXbbFWZkGF4&list=PLvZ_Wj_JJMCPQ1UP-bKOiinWVbnxJIF3t

Agora Financial Review: What They Don’t Want Investors to Know

I think that of all the online trading and investing advice scammers, Agora Financial and its many subsidiaries—which seem to pop up like mushrooms every other month—have to be the worst of the worst.

They target newbies and seniors in retirement who have little to no knowledge of how to trade or invest properly. Across more than a dozen services that I’ve tracked, every single one has underperformed the market, and that doesn’t even include the fees for their subscriptions.

They have also been caught flat-out lying about potential investment ideas many times in the past. The company has been sued many times and has lost nearly every time.

Agora is sneaky, though. It isn’t always obvious that many of their companies are owned by or partnered with them.

For example:

Agora, Inc. is a U.S.-based publisher of financial newsletters such as The Oxford Club and Wall Street Daily. Meanwhile, Agora Dealer Services Corp. operates as a Canadian wealth platform for advisors, providing technology and custody services. Both use the “Agora” brand, but they serve different markets.

The U.S. group focuses on direct-to-consumer financial media, while the Canadian entity focuses on B2B wealth management services, offering investment platforms, reporting tools, and back-office support for independent advisors.

Some of the other associated publishing brands include:

• Southbank Research

• Paradigm Press

Around 2021, Agora reportedly changed its name to Monument and Cathedral Holdings, likely due to the negative press from numerous lawsuits and fines levied against it by government regulators.

They also sold off Agora Financial to a company called MarketWise, which went public in 2021. MarketWise was run by many of the same people who had been running Agora Financial. MarketWise is now publicly traded under the ticker MKTW.

After changing its name, Agora now appears to be trying to reintegrate Agora Financial by buying it back, suggesting that the various name changes and corporate restructuring may simply be part of an ongoing rebranding effort.

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sources

https://www.forbes.com/sites/emilybaker-white/2025/07/07/this-secretive-company-built-an-empire-by-hawking-bad-financial-and-health-advice-on-facebook/

https://truthinadvertising.org/brands/agora/#:~:text=A%20Stipulated%20Order%20is%20entered,(formerly%20known%20as%20Agora%2C%20Inc.

https://www.youtube.com/watch?v=y0Ga87FNE6U&t=3s

https://truthinadvertising.org/brands/agora/

The 5-Step Process That Took Me From Failed Day Trader to Consistent Profits

I’ve been trading off and on from 1998 to 2016. I never took it that seriously, other than my retirement account investments, which were longer term. Mostly I just invested in the S&P 500 index. It’s done well because I simply dollar-cost averaged.

In 2016, I decided to get back into day trading. The first two times I tried it, I failed badly and blew up one futures account in the process.

From 2016 to midway through 2017—about 1.5 years later—I finally found consistency. From 2017 to 2020, or a little over four years, I had an average return of 132% on my account. That means I roughly 5x’d it in four years.

I retired in 2020 when COVID hit, and I still trade full-time to this day. I’ve made more than enough money for myself and will likely stop day trading soon. That being said, I enjoy it and find it fun and challenging—almost like a money game.

Anyway, this is the bigger-picture five-step plan I would say anyone needs to follow. Even if you are a fundamentals-only, longer-term investor, you still need to verify that your thesis is sound. How are you going to do that?

The nonsense of saying “not everything is quantifiable” is often just an excuse to be lazy. Some things are harder to quantify than others, to be sure—at least right now. Or maybe it’s just an excuse to avoid facing the cold, hard truth that you don’t know as much as you thought you did and that your plan really doesn’t work.

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Bigger Picture: 5-Step Process to Becoming a Successful Trader

Each step involves numerous smaller steps, but this will give you an overview of the process you’ll be involved in.

Keep in mind that learning about the markets never stops. It’s an ongoing process as markets change over time. You should allocate a portion of each day toward learning something new, or at least keeping up with current events. Patience is an asset here—there is no rushing this.

1. Find setups that work for your situation

Everyone trades differently. Your setups need to fit your personality, time availability, and risk tolerance.

2. Test your setups

a) Backtest first

Then move to small positions until you’ve proven the strategy works in forward testing.

• If the backtest looks good but the forward testing doesn’t fall in line, you need to address that before moving forward.

3. Scale up once the setup is verified

Once your setup has been verified with small positions, you can begin scaling up.

Every setup and instrument is different in how you approach this, so you’ll need to experiment to find the best method.

4. Continuous monitoring of the setup

Your trading is based on your backtesting, so it’s critical to monitor performance.

Keep two things in mind:

1. The market is always changing.

2. The only way to maintain confidence in a system is to compare current performance with historical results.

Your backtests are your lifeline. They are everything.

You need to know the historical ranges for your setup:

• How many consecutive wins?

• How many consecutive losses?

• Typical drawdown periods?

These give you the tolerance ranges for the setup. Everything should continue normally unless one or more of those ranges are broken and something new appears. At that point, you need to reassess what’s happening and why.

5. Manage risk

This part is very simple: diversify.

Diversify across:

• Several setups

• Multiple markets

• Different market conditions

For example:

• Some setups may be trend-following.

• Others may be mean-reversion.

They will perform differently at different times, but both should be profitable over the long run.

You should also use software and tools to help you scale up—automation, EAs, or anything else that improves execution and efficiency.

Build It Now: How a Cross-Country Pipeline Could Strengthen Canada

 

Building a cross-country pipeline (for oil or natural gas) can have several economic, energy, and strategic benefits. Here are the main ones:

1. Lower Transportation Costs

Pipelines are usually cheaper over the long term than rail or truck transport. Once built, they move large volumes continuously with relatively low operating costs. This can:

• Reduce fuel transportation expenses

• Lower energy prices for industries and consumers

2. Energy Security

A domestic pipeline network reduces reliance on foreign imports or overseas shipping routes. For example, debates around projects like the Trans Mountain pipeline expansion project often focus on whether pipelines help ensure reliable national energy supply.

3. Increased Export Capacity

Cross-country pipelines can connect production regions to export terminals or major markets. This can:

• Expand trade opportunities

• Increase revenue from energy exports

• Improve trade balances

4. Economic Growth and Jobs

Pipeline projects create:

• Construction jobs

• Engineering and manufacturing demand

• Local business activity along the route
  They can also stimulate development in energy-producing regions.

5. More Stable Supply Chains

Pipelines operate year-round and are less affected by weather disruptions compared to shipping or trucking. This improves reliability for refineries, utilities, and industries.

6. Potential Environmental Benefits vs. Alternatives

While pipelines have environmental concerns, supporters argue they can:

• Produce fewer emissions per barrel transported than rail

• Reduce accident risk compared to tanker trucks or trains

7. Infrastructure Integration

Large pipelines can connect multiple provinces or states, integrating regional energy markets and balancing supply and demand across a country.

Why U.S. Bank Stocks Are Falling Sharply Today. How To Use This Information Right Now!

Friday feb 27 2026 

U.S. bank stocks are under heavy selling pressure, and the trigger appears to be growing concerns about credit quality in parts of the financial sector.

The decline followed a report from FS KKR Capital Corp., an investment fund tied to private-equity giant KKR, which revealed a notable rise in troubled loans along with a drop in net income. That update spooked investors, raising fears that loan defaults could start climbing across the broader banking industry.

Because banks are closely tied to lending activity, any indication that borrowers are struggling tends to hit the sector quickly. Investors often see rising bad loans as an early warning sign of potential losses and tighter financial conditions ahead.

As a result, traders moved to reduce exposure to financial stocks, sending shares of major banks lower in today’s session. The selloff reflects worries that credit problems seen in one part of the market could spread more widely if economic conditions weaken or if higher interest rates continue to strain borrowers.

In short, the drop in bank stocks is being driven by renewed concerns about loan performance and the possibility that the financial sector could face tougher conditions in the months ahead.

You can use the information about the selloff in U.S. bank stocks in different ways depending on whether you're thinking short-term trading or long-term investing/strategy.

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Short-Term Uses (Trading / Market Timing)

1. Trade the Volatility

When negative news hits the banking sector, volatility often spikes in stocks like JPMorgan Chase, Bank of America, and Citigroup.
Short-term traders might:

• Short bank stocks or financial ETFs.

• Trade quick rebounds after oversold conditions.

• Use options strategies (puts or volatility trades).

2. Watch Credit-Risk Signals

If a lender like FS KKR Capital Corp. reports rising problem loans, it can act as an early warning indicator for:

• Regional banks

• Credit markets

• High-yield debt

Traders often monitor whether the selloff spreads to:

• Small banks

• Commercial real estate lenders

• High-yield bonds

3. Sector Rotation Opportunities

Money sometimes moves out of financials and into defensive sectors such as:

• Utilities

• Consumer staples

• Gold or bonds

Short-term traders can follow that rotation.

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Long-Term Uses (Investing / Macro Strategy)

1. Identify Potential Buying Opportunities

Bank stocks often fall sharply during credit scares but recover later. Long-term investors might:

• Accumulate quality banks at discounted valuations.

• Focus on institutions with strong balance sheets and diversified income streams.

Historically, large banks tend to recover once credit fears stabilize.

2. Gauge the Economic Cycle

Rising delinquent loans can signal:

• A slowdown in the economy

• Stress in certain sectors (like commercial real estate)

• Tightening credit conditions

This information helps with macro positioning in:

• Stocks

• Real estate

• Bonds

3. Adjust Portfolio Risk

If credit issues are spreading, long-term investors might:

• Reduce exposure to cyclical sectors.

• Increase cash or defensive assets.

• Focus on companies with strong cash flow.

4. Track Structural Changes in Banking

If this trend continues, it may signal:

• Stricter lending standards

• Lower loan growth

• Shifts toward private credit markets

That can change where capital flows in the future.

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✅ In simple terms:

• Short term: Use it for volatility, trades, and sector rotation.

• Long term: Use it as a signal about the economy and potential buying opportunities in banks.

Four Reasons Analysts Think South Korea’s Bull Market Could Continue in 2026

 

Analysts at Bank of America believe South Korea’s financial markets may continue to perform strongly in 2026, pointing to several economic and policy factors that are creating momentum for stocks and the currency.

1. Strong Export Growth Driven by Semiconductors

One of the biggest forces behind the bullish outlook is the surge in exports, especially in the semiconductor industry. South Korea’s exports climbed sharply at the start of 2026, with chips making up a large portion of total shipments and helping produce a sizable trade surplus. This growth has strengthened the country’s external position and boosted confidence in corporate earnings.

2. A More Hawkish Central Bank

Another reason for optimism is the shift in monetary policy expectations from the Bank of Korea. The central bank has raised its growth outlook and signaled that additional interest rate cuts are unlikely. Markets are even starting to anticipate rate increases, which could support the Korean won by narrowing the interest-rate gap with the United States.

3. Government Measures Supporting the Currency

Policy actions from the South Korean government are also playing a role. Officials have taken steps to strengthen the currency and financial markets, including changes to how large institutional investors allocate funds and programs designed to attract capital inflows. These initiatives are expected to reduce demand for U.S. dollars and increase investment into domestic assets.

4. Capital Inflows and Structural Market Support

Another key factor is the expected increase in foreign investment. Analysts anticipate significant inflows as global investors allocate funds into South Korean markets, partly due to upcoming index inclusions and supportive policy frameworks. These developments could provide additional demand for both Korean bonds and equities.

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✅ Summary:
According to Bank of America’s analysis, South Korea’s market strength in 2026 is being supported by robust semiconductor exports, shifting monetary policy expectations, proactive government measures, and increasing global investment flows. Together, these factors could help sustain the country’s ongoing market rally. 

A Proven Trend-Pullback Strategy for Consistent Forex Day Trading That Is Recommended By CHATGPT

 

There isn’t one “perfect” Forex day-trading strategy, but the most consistently profitable for most traders is a combination of trend + pullback + strict risk control.

Here’s a proven, practical strategy many professional day traders use:

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✅ The Trend Pullback Strategy (High Probability Day Trading)

This works best on liquid pairs like:

• EUR/USD

• GBP/USD

• USD/JPY

• AUD/USD

And during London + New York sessions.

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📊 1. Chart Setup

Timeframes

• Trend: 15m or 30m

• Entry: 5m

Indicators

• 200 EMA (trend filter)

• 20 EMA (pullback zone)

• RSI (14) (momentum confirmation)

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📈 2. Identify the Trend

On 15m chart:

Bullish Trend

✔ Price above 200 EMA
✔ Higher highs & higher lows
✔ RSI > 50

Bearish Trend

✔ Price below 200 EMA
✔ Lower highs & lower lows
✔ RSI < 50

👉 Only trade with the trend.
(No counter-trend trades.)

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🔁 3. Wait for Pullback

On 5m chart:

In Uptrend

Wait for price to pull back to:

• 20 EMA

• Previous support

• Minor consolidation

In Downtrend

Wait for price to pull back to:

• 20 EMA

• Previous resistance

No pullback = No trade

Patience = profit.

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🎯 4. Entry Rules

BUY Setup (Uptrend)

Enter when:
✔ Price touches pullback zone
✔ Bullish candle forms (engulfing / strong close)
✔ RSI turns up from ~40–50

➡ Buy at candle close

SELL Setup (Downtrend)

Enter when:
✔ Price hits resistance
✔ Bearish candle forms
✔ RSI turns down from ~50–60

➡ Sell at candle close

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🛑 5. Stop Loss (Critical)

Always set SL.

Buy Trade

Stop = Below recent swing low

Sell Trade

Stop = Above recent swing high

Risk per trade:
👉 Max 1% of account

Example:
$10,000 account → Risk $100 per trade

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💰 6. Take Profit

Use 1:2 Risk/Reward minimum

If SL = 15 pips
TP = 30 pips+

Better method:

• TP1 at 1R (partial close)

• Let rest run to trend high/low

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⏰ 7. Best Trading Times

Only trade during high volume:

Best

✅ London Open (3–6 AM EST)
✅ New York Open (8–11 AM EST)

Avoid:
❌ Asian session (low volatility)
❌ Before major news

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📰 8. Avoid News Traps

Do NOT trade 15 min before/after:

• NFP

• CPI

• FOMC

• Interest rate decisions

These destroy day traders.

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📋 9. Simple Trading Checklist

Before every trade:

☐ Trend confirmed
☐ Pullback completed
☐ Entry candle valid
☐ Risk < 1%
☐ R:R ≥ 1:2

If any = No → Skip trade

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📉 10. Why This Strategy Works

✔ Trades with institutional flow
✔ Avoids chasing price
✔ High win rate (55–70% typical)
✔ Low drawdown
✔ Scalable

Most profitable traders use some variation of this.

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⚠️ Biggest Reason People Fail

Not strategy. It’s:

❌ Overtrading
❌ Revenge trading
❌ No stop loss
❌ Risking too much
❌ Trading boredom

Discipline > Strategy

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🏆 Bonus: Example Trade

EUR/USD uptrend

• Price above 200 EMA

• Pulls back to 20 EMA

• Bullish engulfing forms

• RSI = 52 → rising

Buy: 1.0820
SL: 1.0805 (15 pips)
TP: 1.0850 (30 pips)

R:R = 1:2

Repeat this setup daily.