![]() 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. He has traded options for more than 30 years. 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. Jim Fink is chief investment strategist for Options for Income, Velocity Trader, and Jim Finks Inner Circle. 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. He also seems to have an 84.68 percent victory rate. Jim claims that he has earned an average of 185.06 per day, or 67,548 per year, using his options technique, which he teaches subscribers. Velocity trader is simply this – recommendations on credit and debit spread options, period.īut, the recommendations are losers. In addition to these general statistics, Jim discusses the effectiveness of his option selling approach. 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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