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Report: #1185263

Complaint Review: Option Weekly Income Now & Pulse Options Weekly Chris Verhaegh talks a good game but that's where it ends. - Internet

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  • Reported By: goldstrike — Sparks Nevada
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  • Option Weekly Income Now & Pulse Options Weekly Chris Verhaegh talks a good game but that's where it ends. Internet USA

Option Weekly Income Now & Pulse Options Weekly by Chris Verhaegh Chris Verhaegh talks a good game but that's where it ends. Boise Idaho

*Author of original report: Chris Verhaegh Option Weekly Income Now & Pulse Options Weekly he talks a good game but that's where it ends.

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I paid $1,000 to join the Weekly Option Income advisory service in June 2014 within 2 weeks Verhaegh’s pitchman one David Moorhead called me to sell his upgraded auto-trade service called Pulse Weekly Options for another $3,000.  Once signed up Moorhead would not return my phone calls regarding questions I had like when was the service to begin trading.  In the first 2 months there were only a couple trades when 2 to 3 trades a week were promised by Moorhead.

With the cooperation of the Aronson brothers at TradeMonster brokerage company Verhaegh issued some trades in the beginning to get them interested in his scheme by recomending the purchase of some deep out of the money options expiring in a day or two for a very small price, 20 or 30 cents each.  With the $1000 I allocated to each trade it would get me in with 20 to 50 contracts so at TradeMonsters commission agreement with Verhaegh I was paying up to $200 in each direction for these trades.

The Weekly Option Income I first subscribed to has become a very complicated option concept that few can follow, I certainly can’t with operating my business and home life, that’s why I opted for the upgraded Pulse Weekly Option auto-trade program.  That was also clearly a bait and switch strategy on his part.

So far Verhaegh has called more losing trades than winners.  He has called small wins and big losses so far, a sure recipe for failure.  My account is down $3,100 with the market taking $800 of that and TradeMonsters commissions taking $2,300.  Although lately Verhaeg’s recommendations have been for some longer term options so the commissions have been less he has TradeMonsters attention for how profitable his scheme can be.

Verhaeg’s marketing material touts blue sky ideas that he evidently cannot achieve with all his claimed expertise.  The positive return on investment trade results he publishes on his website is obviously a fraud; nothing I have seen from him comes any where close to those claims of profit.

Verhaegh makes the claim if you don’t double the size of your account in one year or you get your money back.  Now you have to ask yourself these questions.  How much do I have to lose to the brokers and market in that year to qualify for a refund of fees paid to him and will he be around to collect your subscription fee?

Please be advised!

This report was posted on Ripoff Report on 10/27/2014 04:14 PM and is a permanent record located here: https://www.ripoffreport.com/reports/option-weekly-income-now-pulse-options-weekly-chris-verhaegh-talks-a-good-game-but-thats-where-it-ends/internet/option-weekly-income-now-amp-pulse-options-weekly-by-chris-verhaegh-chris-verhaegh-talk-1185263. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
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#1 Author of original report

Chris Verhaegh Option Weekly Income Now & Pulse Options Weekly he talks a good game but that's where it ends.

AUTHOR: goldstrike - ()

POSTED: Friday, October 31, 2014

I paid $1,000 to join the Weekly Option Income advisory service in June 2014 within 2 week Verhaegh’s pitchman one David Moorhead called me to sell his upgraded auto trade service called Pulse Weekly Options for another $3,000.  Once signed up Moorhead would not return my phone calls regarding questions I had like when was the service to begin trading.  In the first 2 months there were only a couple trades when 2 to 3 trades a week were promised by Moorhead.

With the cooperation of the Aronson brothers at TradeMonster brokerage company Verhaegh issued some trades in the beginning to get them interested in his scheme by purchasing some deep out of the money options expiring in a day or two for a very small price, 20 or 30 cents each.  With the $1000 allocated to each trade that would get me in with 20 to 50 contracts at TradeMonsters commission agreement with Verhaegh I was paying up to $200 in each direction for these trades.

The Weekly Option Income I first subscribed to has become a very complicated option concept that few can follow, I certainly can’t with operating my business and home life, that’s why I opted for the upgraded Pulse Weekly Option auto trade program.  That was also clearly a bait and switch strategy on his part.

So far Verhaegh has called more losing trades than winners.  He has called small wins and big losses so far, a sure recipe for failure.  My account is down $3,100 with the market taking $800 of that and TradeMonsters commissions taking $2,300.  Although lately Verhaeg’s recommendations have been for some longer term options so the commissions has been less he has TradeMonsters attention for how profitable his scheme can be.

Verhaeg’s marketing material touts blue sky ideas that he evidently cannot achieve with all his claimed expertise.  The positive return on investment trade results he publishes on his website is obviously a fraud; nothing I have seen from him comes any where close to those claims of profit.

Verhaegh makes the claim if you don’t double the size of your account in one year you get your money back.  Now you have to ask yourself these questions.  How much do I have to lose to the brokers and market in that year and will he be around to collect your subscription fee?

Please be advised!

 

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