They started out trading DIA options, then came up with sad stories about how the volatility and expiration dates weren’t working, so they switched to SPY options and leveraged ETFs and it has been just as bad or worse. It’s really not a bad service to subscribe to, if you do the exact opposite of what they tell you. I also subscribe to green zone fortunes, and home run profits, from Money and Markets, which is also owned by Banyan Hill, but run by Adam O’dell. They are quality services that I would recommend. Home run profits is an options service with about the same price tag as this, green zone recommends stocks for a 6-18month holding period. I just buy options based off the recommendations, which has done me well. It is cheaper than both the other two.
I have the new wave crypto program Ian King is the guy that runs that portion. It also came with strategic fortunes and Alpha Investing. I’m new to options and was thinking of doing this one but after reading I’m thinking again lol. Do you recommend anything for a brand new person trying to learn “swing or day trading/ options” any of those methods. I have the long term thing down pretty good. Thanks in advance!!!
I am reading the review of One Trade Michael Carr. He guarantees 100% return after 52 weeks. Your review does not report if he delivers on his guarantee. What was his return on the last 52 weeks of recommendations? How many trades were wins or losses in the 52 week period? Do you recommend going in with this concept?
Thank you
Anders, Thanks for your great review of the One Trade investment advisory service. Like you I would have been very interested in learning about what percentage of the 52 trades are losing ones. Also thanks for pointing out the trades are all Options.
I just counted up the last 70, which includes a hot streak he had at the beginning to be generous. 40 losers, 30 winners. More important to note the average loser is probably -70%, while the average winner is probably 40%, again being very generous. Bankruptcy in no time.
I made the costly mistake of subscribing to this service. Had I done the OPPOSITE of everything trade recommended, I would have made huge money. He even came out and said his performance was poor and added additional options to his program. Unfortunately, these have done no better. I have no idea what they used to test their modeling on but it obviously wasn't vetted well. I am still trying to get someone from Banyan Hill to contact me and tell me how they intend to compensate me. I asked to cancel, providing all the trade losses he has cost me, and no one responds. It's been almost 6 months now of constant calls and emails with no response.
By far the worst service I have EVER used. I tried doing the exact opposite of his recommendations for a month and made back the 50% I had lost. This guy is an absolute laughing stock. Last 10 trades-
-93%, -86%, -18%, -85%, +18%, +32%, -53%, -95%, -67%, -69%. Current open trade is -33%. Just to be transparent the 11th and 12th closed trades are winners, +46%, +62%, but 13 is -98%, 14 is +26%, and 15 is -85%. Got to stop somewhere, but you see the pattern.
I joined OneTrade and Market Leaders this week. The presentations are fairly compelling and the suggested Back Testing of Positive result hit home for me. Once I had access I started to look at the past result for both programs and was shocked. Over the last 3 years the closed 190 trades = wins = 91 (47.9%) , losses = 99 (52.1%). The scarier part is the $ net, it was -$1,018 for 3 years. Hard to make sense of this with a $1,500/yr subscription fee.
Results of Market Leaders = for 2022 Total trades 35, Wins = 13 (37.1%), Losses = 22 (62.9%). Net $ Losses = $-9,223.41.
When I attended his interview . He said that , he will be trading the QQQ every day at 9:46Am . Any one who has any questions on Options ,they can ask him, and he will give the answer up to an hour.How so that the QQQ changed into DIA with in a night ?
would be much more useful if you showed some portion of recent recommendations [
? 5 months]
They started out trading DIA options, then came up with sad stories about how the volatility and expiration dates weren’t working, so they switched to SPY options and leveraged ETFs and it has been just as bad or worse. It’s really not a bad service to subscribe to, if you do the exact opposite of what they tell you. I also subscribe to green zone fortunes, and home run profits, from Money and Markets, which is also owned by Banyan Hill, but run by Adam O’dell. They are quality services that I would recommend. Home run profits is an options service with about the same price tag as this, green zone recommends stocks for a 6-18month holding period. I just buy options based off the recommendations, which has done me well. It is cheaper than both the other two.
I have the new wave crypto program Ian King is the guy that runs that portion. It also came with strategic fortunes and Alpha Investing. I’m new to options and was thinking of doing this one but after reading I’m thinking again lol. Do you recommend anything for a brand new person trying to learn “swing or day trading/ options” any of those methods. I have the long term thing down pretty good. Thanks in advance!!!
I am reading the review of One Trade Michael Carr. He guarantees 100% return after 52 weeks. Your review does not report if he delivers on his guarantee. What was his return on the last 52 weeks of recommendations? How many trades were wins or losses in the 52 week period? Do you recommend going in with this concept?
Thank you
Hi Richard. The track-record for this service isn’t publicly available.
Positions: 161, Average Gain: -4.80%, Average Hold: 2 Days
Last Updated: 10/08/2021
From the header of the closed positions portfolio. Might not get my money back, but maybe I can keep someone else from wasting theirs.
Anders, Thanks for your great review of the One Trade investment advisory service. Like you I would have been very interested in learning about what percentage of the 52 trades are losing ones. Also thanks for pointing out the trades are all Options.
I just counted up the last 70, which includes a hot streak he had at the beginning to be generous. 40 losers, 30 winners. More important to note the average loser is probably -70%, while the average winner is probably 40%, again being very generous. Bankruptcy in no time.
I made the costly mistake of subscribing to this service. Had I done the OPPOSITE of everything trade recommended, I would have made huge money. He even came out and said his performance was poor and added additional options to his program. Unfortunately, these have done no better. I have no idea what they used to test their modeling on but it obviously wasn't vetted well. I am still trying to get someone from Banyan Hill to contact me and tell me how they intend to compensate me. I asked to cancel, providing all the trade losses he has cost me, and no one responds. It's been almost 6 months now of constant calls and emails with no response.
I am looking into this system. D.G., how many trades did you make, what percentage were losers? Did you finally hear from them?
Thanks for your insights. Paul
By far the worst service I have EVER used. I tried doing the exact opposite of his recommendations for a month and made back the 50% I had lost. This guy is an absolute laughing stock. Last 10 trades-
-93%, -86%, -18%, -85%, +18%, +32%, -53%, -95%, -67%, -69%. Current open trade is -33%. Just to be transparent the 11th and 12th closed trades are winners, +46%, +62%, but 13 is -98%, 14 is +26%, and 15 is -85%. Got to stop somewhere, but you see the pattern.
Thank you for your honest review. It is refreshing to find one
I joined OneTrade and Market Leaders this week. The presentations are fairly compelling and the suggested Back Testing of Positive result hit home for me. Once I had access I started to look at the past result for both programs and was shocked. Over the last 3 years the closed 190 trades = wins = 91 (47.9%) , losses = 99 (52.1%). The scarier part is the $ net, it was -$1,018 for 3 years. Hard to make sense of this with a $1,500/yr subscription fee.
Results of Market Leaders = for 2022 Total trades 35, Wins = 13 (37.1%), Losses = 22 (62.9%). Net $ Losses = $-9,223.41.
Buyer beware…….
Hi Steve,
Thank you for this detailed comment. I’m sure it will be beneficial for others readers looking to possibly buy into this service.
Hopefully, One Trade performs better in the future.
When I attended his interview . He said that , he will be trading the QQQ every day at 9:46Am . Any one who has any questions on Options ,they can ask him, and he will give the answer up to an hour.How so that the QQQ changed into DIA with in a night ?