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  • Report:  #1482290

Complaint Review: Momentum Options Newsletter -

Reported By:
Steve - Austin, Texas, United States
Submitted:
Updated:

Momentum Options Newsletter
United States
Web:
https://www.momentumoptions.com/
Categories:
Tell us has your experience with this business or person been good? What's this?

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!



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