#Reviews of jim fink options expert professional

But what do you think the odds will be that you'll have anything left to trade with in 5-10 years?īeware any option trading service that provides (onsite or via email) a list of calls or puts for you to simply buy and then just wait for them to double or triple in value. If you're willing to risk your entire portfolio, theoretically you can make a whole lot more than 100% a year. I do believe that making 100% a year is possible (full disclosure: in my best year, my returns were 61.92%). Some strategies are more complicated than others and some may have a more appealing risk-reward profile based on your own trading/investing personality, but understand this common denominator: the higher the return you seek, the more risk you're going to have to assume to achieve it. And those big bad professionals? They really couldn't care less what strategies you employ.Īs I've said elsewhere on this site, trading options is essentially the trading of risk.

There are no 'secret strategies' or option trading secrets although there may be strategies you're not familiar with.

#Reviews of jim fink options expert professional

#2 - Any mention of 'secret strategies' or references to strategies that professional traders or brokers 'don't want you to know about' If a service claims (they usually merely suggest or imply to avoid their own legal hot water) that you can take a small sum like $1000 and turn it into $100,000 or better yet, an automated stream of monthly income enabling you to quit your job and live near a warm body of water, chances are it's a trading scam. It's an old adage, but a reliable one-if it sounds too good to be true, it probably is. Here are 6 warning signs that a trading service is most likely a trading scam: Remember the 3 crucial questions I ask of a valid options trading service? Well, consider the checklist below to be the inverse equivalent. They just have to have the capacity (or likelihood?) to lose their subscribers a lot of money. Option trading services don't have to engage in actual fraud for me classify them as scams. Trading Scams is a subjective term anyway. That keeps me out of legal hot water and enables you to apply the criteria listed below to any trading service you're considering using. Although it's tempting to list specific option subscription services that I believe are trading scams, I've chosen instead to provide a checklist of what to avoid when considering subscribing to a service.