Dr. Singh shows that for the past 10 plus years he have picked option spreads that are 98% to 100% profitable. All you need to do is to open an account and trade using his weekly strategies. If you lose a trade, you followed exactly as he recommended he offers a money back guarantee. His primary targets are people who never traded options before. They even offer training.
But the problem is that if an individual NEVER traded options before, it is virtually impossible that you can get approved for the level of trade needed without experience in option trading. Dr. Singh only offers a 4 legged Option Strategy that requires a Level 4 Option Trading Account.
To get this clearance, experience is a MUST.
Furthermore, a trader must be approved for this level of trading and also must open a "Margin Account" that would cover loses that exceeded the expose you would receive. The requirement for capital needed to do this is $10,000margin account.
Over 90% of all Option Trades will lose. Dr. Singh states that if you play his 4 legged spread, you will win over 90% of trades; however a Novice user cannot even trade options because they do not meet the experience and margin requirements.
In other words, he provides you with a winning trade formula each week, but most people will not be able to play his spreads because they do not meet the minimum requirements to even make a 4 legged trade on all Option Trading platforms.
They have a ZERO REFUND policy, so I would say that 99% of people who join Dr. Singh NEVER get an account opened and will coninue to lose the investment of $995/year. Even if people drop out, they will continue to be billed yearly.
I’ve recently purchased Dr Singh’s program .. last Friday I got his email trade recommendations , I started with paper trading , chose 10 contracts per trade ,chose 5 of his weekly trades , the trades expire July 12 , this Friday .. so far ALL 5 of the trades filled and by Wednesday they are up $1300 if I were to close them out as I write this review ..
This week when Dr Singh’s trade recommendations come in my email , I will pick the ones I want ( aggressive and ultra aggressive spread trades ) and start with 1-3 contracts per trade , ‘real money’ , NOT paper trade on the next picks ..
Depending on how well the trades do , consistency is key , if a high winning percentage , I will increase the number of contracts per trade , depending on my Acct size , I tend to keep the risk at 3% per trade ..
This high-risk option service is a scam. There are no follow-ups on the recommendations. Most of the picks are highly risky (bio/pharma stock, cryptocurrency stocks, 3X leveraged ETFs) which make it very difficult to get filled. The weekly email is sent over the weekend with recommendations based on Friday closed. Many times (certainly in the last few months) the market open violently up or down which make the recommendation almost irrelevant. They provide a stop loss as a guide but they consider the trade as a win even if the stop-loss was triggered but then later recovered and the option expired worthless. Overall, you need to be a highly skilled trader to follow and succeed with such a service and you are certainly on your own if those high-risk stock turn against you (LongFin, Kodak, Idra are just a few their recent recommendations).
Dr.Singh Options Reviews
Dr. Singh shows that for the past 10 plus years he have picked option spreads that are 98% to 100% profitable. All you need to do is to open an account and trade using his weekly strategies. If you lose a trade, you followed exactly as he recommended he offers a money back guarantee. His primary targets are people who never traded options before. They even offer training.
But the problem is that if an individual NEVER traded options before, it is virtually impossible that you can get approved for the level of trade needed without experience in option trading. Dr. Singh only offers a 4 legged Option Strategy that requires a Level 4 Option Trading Account.
To get this clearance, experience is a MUST.
Furthermore, a trader must be approved for this level of trading and also must open a "Margin Account" that would cover loses that exceeded the expose you would receive. The requirement for capital needed to do this is $10,000margin account.
Over 90% of all Option Trades will lose. Dr. Singh states that if you play his 4 legged spread, you will win over 90% of trades; however a Novice user cannot even trade options because they do not meet the experience and margin requirements.
In other words, he provides you with a winning trade formula each week, but most people will not be able to play his spreads because they do not meet the minimum requirements to even make a 4 legged trade on all Option Trading platforms.
They have a ZERO REFUND policy, so I would say that 99% of people who join Dr. Singh NEVER get an account opened and will coninue to lose the investment of $995/year. Even if people drop out, they will continue to be billed yearly.
Dr Singh’s trading program
I’ve recently purchased Dr Singh’s program .. last Friday I got his email trade recommendations , I started with paper trading , chose 10 contracts per trade ,chose 5 of his weekly trades , the trades expire July 12 , this Friday .. so far ALL 5 of the trades filled and by Wednesday they are up $1300 if I were to close them out as I write this review ..
This week when Dr Singh’s trade recommendations come in my email , I will pick the ones I want ( aggressive and ultra aggressive spread trades ) and start with 1-3 contracts per trade , ‘real money’ , NOT paper trade on the next picks ..
Depending on how well the trades do , consistency is key , if a high winning percentage , I will increase the number of contracts per trade , depending on my Acct size , I tend to keep the risk at 3% per trade ..
This high-risk option service is a scam. There are no follow-ups on the recommendations. Most of the picks are highly risky (bio/pharma stock, cryptocurrency stocks, 3X leveraged ETFs) which make it very difficult to get filled. The weekly email is sent over the weekend with recommendations based on Friday closed. Many times (certainly in the last few months) the market open violently up or down which make the recommendation almost irrelevant. They provide a stop loss as a guide but they consider the trade as a win even if the stop-loss was triggered but then later recovered and the option expired worthless. Overall, you need to be a highly skilled trader to follow and succeed with such a service and you are certainly on your own if those high-risk stock turn against you (LongFin, Kodak, Idra are just a few their recent recommendations).