One Day Wonder Options (onedaywonderoptions.com) sends signals alerts to traders on a daily basis using social media and their email. These trade alerts are only sent out on Fridays of every week and although they claim that weekly alerts are the perfect option for day traders, we don’t understand the reason why signals can only be sent out on Fridays only. Besides, weekly options enjoy the volatility of traditional options that generate the probability of winning trades with higher gains.
They creator of the service is David Drabik but haven’t disclosed his personal profile or any information related to his trading career. To contact One Day Wonder Options you can send them emails by simply filling their contact form. By using your email address, you can also subscribe to their free news alerts about market updates.
We want to know whether this website can be trusted because according to their sales page, One Day Wonder Options claims to be the primary binary options signals provider in the financial market. That is a very bold statement and if there is no trading performance to back the statement, we can’t believe them at all. They believe that trading less in the market and focusing on potential trade opportunities only once a week helps them to be more organized, disciplined, and promising as an organization. That is a good strategy but does this help our bottom line in any way? You will be able to tell once you are done reading this review. For now, we want you to invest in these Forex trading programs because they have proven track record and we can promise you that with those tools, you will enjoy consistent profits. You will not be rich overnight but rest assured that you will enjoy good returns on a consistent basis.
Trading only once a week may not sound very useful to full-time traders who look for potential trade opportunities in the market in every single day. Their features look to be a better match to part-time market participants. We have no issue in the quality over quantity approach that they are preaching here. But we hope that as we continue with this analysis of the service, we will come to the full understanding of how the signals vendor is operating this business.
Let us start with the weekly trade signals. They serve the trade signals only on Friday mornings between 9:30 AM and 12:00 PM of each week through emails and other preferred social media networks. They claim their strategy is able to take the advantages of markets with high liquidity and detect profitable binary options trade opportunities on a consistent basis for their clients. According to their signal history, it is quite clear that they provide trade signals fir stocks. Those who are interested to trade Forex and Cryptocurrencies may need to clarify with them in advance before final subscription. This is a notice which they have put on their website just to let investors know in advance that they are also catering for an audience that would like to trade Forex and Crypto currencies at the same time.
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In terms of frequency with which trades are sent out, we could say that it depends on how many potential trade setups they manage to detect within the early morning of each Friday. According to their statement, the number of signals varies from 1 to 3 (max) each week. Again, this is a low trade frequency, so understand that before you consider getting involved. In other words, those who would like to be involved with the market 24/7 need not to apply. Those who are impatient need not to apply as well because if they do, they will definitely be disappointed at the long days that they will have to sit waiting for signals to be sent on Fridays only.
Signals are sent out through email, Twitter and sms. Nevertheless, the signals are sent as links directed to their main website. It is required to click and follow the link in order to unveil the recommended trade signals.
Trades should be executed within 15 minutes upon receiving the trade signals alerts. Each signal is valid for 24 hours only. Clients are offered assistance surrounding trade-related issues through their customer support department.
Do they have any performance record to back their claim?
Well, they uploaded their trading data for the period between 27th July 2018 to 5th October 2018. There is no doubt that the performance shown in their statement is quite lucrative and profitable. However, these records are unverified and not audited by any third-party regulatory organizations. If they are unverified, we can’t trust that this site is giving us the real information concerning the outcome of their trades. One wonders why it was so difficult to utilize a statement sharing service such as myfxbook. With this third party statement sharing platform, vendors cannot edit or cheat when it comes to how they present their results to their customers. But with uploads on their website, cheating and manipulation of trading results can happen many times over. You just need to keep this in mind before you trust One Day wonder options.
Subscribed clients get a personal account with a username and password in order to access all the trading related features on their website. The cost of one month of subscription is $149. Quarterly is $299 ($150 off) and Yearly: $699 ($800 off). Payment is done using PayPal, Visa, MasterCard, American Express and others. In terms of certification or licensing, there is no reference to any document or body that governs their business that has been mentioned anywhere in their website that claims themselves as a permitted trade signal service provider. Furthermore, they have NOT disclosed any certificate that proves them as a regulated organization in the financial markets.
One Day Wonder Options did not even reveal their physical location. No verified trading performance too. Stick to these trading programs.
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