Currency Options Insider

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5 Comments on "Currency Options Insider"

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Stan
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Stan
March 12, 2009 11:21 am
CURRENCY OPTIONS INSIDER / BRIAN T. MIKES / Hyperion Ok, so I’ve recently starting trading options and received Brian T. Mikes pitch via email. He claimed he’s made his readers a lot of money with currency options. I looked at his track record and for his picks EVERY SINGLE ONE was listed as a winner. BUT, and this is a big but, he puts as his “exit” point the absolute highest price the option traded at during his time period. I’ve now found out that in practice this is COMPLETELY USELESS & MISLEADING. On a Euro option position that I… Read more »
Jonathan
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Jonathan
April 1, 2009 11:12 am
I’ve been subscribed to this service since about April 2008 when it first came out. Overall, I’ve had very good success with Brian’s picks. Obviously not every pick has gone up, but most have (and some are up a substantial amount- like the British Pound puts from October that I made over 800% on) What I like about the service is that this guy really seems to have a handle on the currency markets. He keeps me informed on what’s going on with the 6 major currencies and his previous picks. I also like the fact that he’s not stubborn… Read more »
Linden
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Linden
May 6, 2009 8:22 pm
My experiences with Brian Mikes Currency Options Insider do not lead me to recommend them. I took a 3 month subscription & took my time to get going with it, read through the 3 pdf’s several times to try & get my head around it as I had never traded currencies before. I ended up taking Mike’s advice to just “jump in” after which it would make all make sense. All trades are US $ settled on the PHX. First trade $AU/US call. I purchased my contracts at well below the price recommended (happy) & watched as the $AU strengthened… Read more »
Laurent
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Laurent
May 27, 2010 10:49 am
I have subscribed for almost 2 years, seduced by the supposed returns. I am experienced in options but lousy at Forex, so I really hoped this service would provide some real profits for me. The opposite has been true. Most of reco’s have lost me money. True, he show’s every one as a winner but I never got anywhere near those fills. Often the spread on the options are so large you could drive a bus through them. In his reco he so often says, “in case of a pullback, exit the position” which I (and probably plenty of other… Read more »
Joseph LeFarve
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Joseph LeFarve
July 11, 2011 4:21 pm
Mikes has done wonders for my portfolio and therefore also my kids college funds and my boat fund! hehe While he has predominantly bullish attitude sometimes he surprises you ( in my case very pleasantly) by unexpected moved. I have had a few frustrating losses but most of his picks are complete and utter winners. I have tripled my investment in a matter of 7 months and won basically every trade since I started paying closer attention to the email and website updates. In this game it’s you snooze, you loose, so it’s very important to be on your top… Read more »
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