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Report: #1482290

Complaint Review: Momentum Options Newsletter -

  • Submitted:
  • Updated:
  • Reported By: Steve — Austin Texas United States
  • Author Not Confirmed What's this?
  • Why?
  • Momentum Options Newsletter United States

Momentum Options Newsletter Momentum Options Options Trading Newsletter

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Shame on me for jumping on this no-win train again, Momentum options puts out a newsletter for trading options boasting all of their wins. Their last one was a carrot to play ATT (T) call options for August.

Here's the catch they never let you know when to sell. The max it was up was +24% so let's be authtentic, no I didn't sell and now I am down major thankfully it was only $400 at risk , and that is the rub here like the other entry states, they don't tell you about their losers. So if they have a track record of like they say 23-9., then what are the losses on the 9 losers?  They can be significant, never have made a profit using these guys even when I subscribed a couple years ago.

They probably make their money on the newsletter figure if they sign up 1000 subscribers at 1000 each? then they don't have to make alot in the option trading arena.  Options have huge risk, direct experience says the market makers and guys on the floor make the big money, not Joe Main Street.  Sounds good, but its a loss proposition for the most part. Better odds playing craps in Vegas!

This report was posted on Ripoff Report on 07/22/2019 09:55 AM and is a permanent record located here: https://www.ripoffreport.com/report/momentum-options-newsletter/trading-1482290. 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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