- Report: #1412191
Complaint Review: drsinghoptions.com - Hauppauge New York
Reported By:
Hector -
2613 Webster Court, Texas, United States
Submitted:
Updated:
-
Author Not Confirmed
Why?
drsinghoptions.com
1383 Veterans Memorial Hwy #34 Hauppauge, 1178 New York, United States
Phone:
516-624-9502
Web:
www.drsinghoptions.com
Categories:
Business Rating:
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drsinghoptions.com Dr. Singh Options They offer option trading following DR. Singh's weekly picks to be over 90% profitable with a $5000 account. Hauppauge New York
Report Attachments
Dr. Singh shows that for the past 10 plus years he have picked option spreads that are 98% to 100% profitable. All you need to do is to open an account and trade using his weekly strategies. If you lose a trade, you followed exactly as he recommended he offers a money back guarantee. His primary targets are people who never traded options before. They even offer training.
But the problem is that if an individual NEVER traded options before, it is virtually impossible that you can get approved for the level of trade needed without experience in option trading. Dr. Singh only offers a 4 legged Option Strategy that requires a Level 4 Option Trading Account.
To get this clearance, experience is a MUST. Furthermore, a trader must be approved for this level of trading and also must open a "Margin Account" that would cover loses that exceeded the expose you would receive. The requirement for capital needed to do this is $10,000margin account.
Over 90% of all Option Trades will lose. Dr. Singh states that if you play his 4 legged spread, you will win over 90% of trades; however a Novice user cannot even trade options because they do not meet the experience and margin requirements.
In other words, he provides you with a winning trade formula each week, but most people will not be able to play his spreads because they do not meet the minimum requirements to even make a 4 legged trade on all Option Trading platforms.
They have a ZERO REFUND policy, so I would say that 99% of people who join Dr. Singh NEVER get an account opened and will coninue to lose the investment of $995/year. Even if people drop out, they will continue to be billed yearly.
