• Report: #764802

Complaint Review: Ken Trester Maximum Options

  • Submitted: Sat, August 13, 2011
  • Updated: Wed, August 15, 2012

  • Reported By: jerry — san francisco, California USA
Ken Trester Maximum Options
Internet United States of America

Ken Trester Maximum Options investment trading track record contray to advertizing claims maximumoptions.com, Internet

*General Comment: Current program status on your report

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    Yesterday, in reliance on his advertizing claims, I ordered a two month trial subscription to Ken Trester's option advice news letter at a cost of $99.00, and a cost of $99.00 month thereafter.     He claims to be "a man not given to exaggeration", an option trading expert with 27 years of experience and a historical record of profiting from 88% of his trades.   Trester promises "How to Never Lose Trading Options" and calls the programs "Sure Option Trades", that promise "near-certain profits".

    Today I reviewed Trester's posted track record for the past 8 months, and, unless I am mistaken in my math,  I found:  (1) about 40 Closed Call Trades lost $481;  (2) that about 18 Closed Put trades  made a  gross gain of $313.00; and (3) that about 51 Credit Spread Trades lost $455.00.  Assuming the best, that the subscribers purchased only one contract of each recomendation, and only at a $3.00 per trade in-out cos, the investor would have lost about $950.00 plus the $800 fee or a "sure" loss of about $1750.00.

    I called the next day to cancel and was told that the service did not allow refunds!

    If your considering Trester's program, please do your own review of his investment track record to determine if Mr. Trester is indeed a option expert, a man of integrety and not given to exaggeration.    

    Good luck 
      

This report was posted on Ripoff Report on 08/13/2011 01:33 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ken-Trester-Maximum-Options/internet/Ken-Trester-Maximum-Options-investment-trading-track-record-contray-to-advertizing-claims-764802. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 General Comment

Current program status on your report

AUTHOR: Bob - (U.S.A.)

Having received a promo identical to yours of a year ago, and noting in my promo [Aug 2012] that they do now offer a refund <60 days, I called Investor place, who stated that some of their promos don't offer refund status but the current one to me correctly offers a refund < 60 days if not happy.
But your analysis of last year was very appreciated and probably accurate.  
Will I enroll on the offering? I am on the fence.
I believe Ken Trestor to be a man of integrity, but don't like the Investor Place CEO Smith.
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