- #JIM FINK OPTIONS TRADING REVIEWS HOW TO#
- #JIM FINK OPTIONS TRADING REVIEWS UPGRADE#
- #JIM FINK OPTIONS TRADING REVIEWS FREE#
If only I’d checked Gumshoe before wasting my $1k.If you haven’t yet received my free report on options trading, I urge you to do so. I have no idea how they stay in business except to con newbies into lifetime subscriptions. You’d think by now he’d figure out that his ‘system’ is broken. I do not act on any of Fink’s new trades as most weeks I get an email with instructions on rolling four recent losing trades.
#JIM FINK OPTIONS TRADING REVIEWS UPGRADE#
No lifetime upgrade = no customer support. When I declined because I wanted to try it out for a while first, my customer service rep would not answer even basic questions I had (like ‘what’s an iron condor trade?’ that Fink uses a lot).
#JIM FINK OPTIONS TRADING REVIEWS HOW TO#
They did this wisely before I had a chance to even place my first trade! They bait the upgrade hook with the promise of a one hour one-on-0ne consult on how to make the best use of the service.
I started to worry I had made a mistake the day after I subscribed for one year at a non-refundable $1000 and I got a call from my ‘rep’ who gave me a full-court press to spend another $1000 to upgrade to a lifetime subscription. This is usually throwing good money after bad. Right, that’s what I spent $1000 for so I can maybe break even on bad trades. The complex 4-leged options spreads he comes up with are almost always losers which he then has you ‘roll’ the losing contracts with new plays on the same stock to “have a chance of getting closer to break even”. This option service is the worst I’ve ever encountered. I made the BIG mistake of subscribing to Jim Fink’s Velocity Trader April 2023 and I am here to tell you what Iburson wrote in the above initial comment on 12-30-19 is still totally true! Nothing has changed from what he wrote. Terrible system, failed recommendations and unethical sales and customer support. However, that 100% win came after multiple rollovers which might have brought the overall trade to break even. I did find a couple of 100% winners after looking through the portfolio though. Overall, I would have been down 17% so far, however if I had followed the additional recommendations it would have been another 22% into losing spreads.Īnd like clockwork those roll over recommendations flow out like clock work, losers every single one. So, I started trading the recommendations in my paper trading account. This is the ONLY consistency I found in the portfolio, and only one recommendation showing a 20% gain after multiple such roll overs. more money out of pocket on top of that lost in the initial trade). Spread roll overs into new spreads, a very high percentage being losing spreads rolled into higher (I.e.
A close look into the active options portfolio of Velocity Trader shows an alarming trend through the service. It doesn’t take long, 2 weeks for me, to see the writing on the wall.Įvery Tuesday the “recommendations” are sent out, typically on short term option spreads.īut, here’s the kicker. Velocity trader is simply this – recommendations on credit and debit spread options, period.īut, the recommendations are losers. Double your money on these recommendations from an experienced millionaire trader. The initial pitch is enticing, trade recommendations for options with a history of 100% winners. Hopefully this post will help someone avoid this trap, Velocity Trader, an absolute con job. Investors, RUN, don’t WALK away from these garbage peddlers because the only ones making real money is them.Ĭommon sense tells you if they have such a great system they would be keeping it to themselves and/or friends and family, not the general public. With Jim Finks, loosing is the norm and winning investments are far and few between. I did’t have one winner, all losses, but you don’t see these kind of post displayed.Į-mail marketing is frought with scum bag marketers feeding on investors just looking to make their fair share of winning investments. al., etc have found their way into our wallets and selling us their bull-it that makes them a fortune and leaves us standing in the mist of WTF!!!! It’s all about finding a way to get others to release their money and people like Jim Finks, Harry Dent, et. Sorry for your loss, but these kind of creatures don’t give a s-t about what they do to others finances, just as long as they collect their $$$$$.
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