Options Animal Review: Is Scam?

Options Animal Review: Is Scam?

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We are reviewing a website that claims to teach traders how to fix losing trades and make consistent profits from their portfolio. Subscribers of Options Animal get access to weekly trade setups, trading strategies, fundamental, technical, and sentiment analysis in addition to webinars for both beginners and advanced traders. They tell us that each weekly trade maps out a game plan by setting primary and secondary exit points before trade is placed. The primary exit point eliminates greed by defining an exit to the trade if everything goes according to plan.  The secondary exit point eliminates fear by defining exactly when and how to adjust or repair a losing trade.

options animal

Options Animal is also claiming to have been featured in numerous media outlets that are associated with everything related to trading of Forex and stocks. In addition to this, they claim that their trading has a success rate of 90%. This is a claim that we would like to take with a pinch of salt because clearly there is nobody on the planet that can trade with that kind of success rate. But if they do insist that their traders have this outstanding performance, the best way to believe them would be to ask them for their redacted trading statement. Then we would know for sure that Options Animal’s claims can be trusted. So at this point in time, we are hoping that the website will provide proof of the same. But if you are looking for a way to get started in trading, we suggest these reliable trading resources instead.

Options Animal review

Options Animal was founded by Greg Jensen, an options investor, speaker, and author of the book “Spread Trading – An Introduction to Trading Options in Nine Simple Steps”. You can get in touch with them through their email address: [email protected] or phone no. 1-888-297-9165Their head office is located at 1982 W. Pleasant Grove Blvd. Pleasant Grove, UT 84062, Suite J.

Greg Jensen has designed Options Animal trading course with an aim to assist traders to reach their investing goals whether it’s capital preservation, wealth creation, or simply taking control of their own lives through financial security. They claim their success is in building successful traders by teaching the proper skills to protect the money, mastery of the trading strategies at hand, and methods to apply stock and options investing strategies at the market level.

They offer 3 levels of membership for their students. These include the following:

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Apprentice– This package covers basic income strategies, advanced income strategies with the techniques to apply and adjust them. This course is considered as the basic part of learning the methods of investing.

Trader Pro – The advanced level of learning their trading techniques and expanding the skill levels as required to be a consistent winner. This course enables you to learn from the weekly trades made by their instructors using the real money at the market. They claim of achieving a 91% success record using the education they serve to their clients. This course also includes practical application classes on how to structure, place, manage and fix all options strategies, from the lowest risk option strategy to the most aggressive. You’ll also receive trade adjustment flow charts and advanced options classes in order to make the use of their methods simple and second nature. Furthermore, you’ll learn about the portfolio management and how much money you need to set aside for each trading strategy.

Mentor – This package has been designed to provide solutions to the traders who are looking for the quickest and easiest way to learn everything they need to know about options market trading. In this section, they offer the opportunity to join their monthly practical workshop where students are assisted by two instructors to learn about managing personal portfolios, set up trades, discuss their watch list, and adjust their positions during the four-hour long period of class. Besides, you’ll be able to choose an instructor from their expert team for their 1-on-1 Mentor Training Session.

In addition to the 3 levels of mentorship, Options Animal is also offering a free download which contains 6 steps guide to investing and they claim that the e book teaches how to make the most out of your portfolio as you watch your account skyrocket.

Trading strategy used by Options Animal

They claim that their mentors define the strategy, risk and potential rewards but we are interesting in knowing the specific trading strategy that their traders are using to enter and exit the market. So far, there is no information of this kind on the Options animal website. It is imperative that a trading educator should reveal as much as he can if he wants people to trust his product or service. Without explaining the actual trading strategy, one cannot decide that this is the right trading education for them.

Trading performance

We have issued with how trading performance is presented on this website. It is quite disappointing to realize that despite the numerous claims of trading success which the owner of this website makes all over the sales page, they have not been able to produce any evidence of profitable trading. They claim that they are using live accounts with real money to demonstrate to students how trading is supposed to be done. If this is so, we would really appreciate seeing their trading results for the last 3 months.

Also, Options Animal claims that they have a strategy that helps reverse losing trades so that traders can instead save money rather than losing it. There is not even a single explanation of what that strategy is. It is just as vague as the explanation that we have given above. One wonders why there is no such explanation to accompany their marketing material.

Our best advice for you

Options Animal website is quite attractive and the marketing is excellent. However, without proof of trading success, we cannot have confidence in the service. For that reason, we are advising traders to invest with these tools first as we look forward to updating this review when new information comes along.

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