Velocity Trader


Weekly trading letter that focuses on short-term options trading.  Formerly called Death Cross Trader.

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    1. Marco
      Jan 27 2009, 03:00:01 pm

      Death Cross Trader is an option based service that is pretty agressive, so not for the light-hearted.

      Zachery sends out a new recommendation every week and he has a pretty good track record. I paid for my subscription a few times in the first week, so I won’t be complaining about the cost.

      He does give you stop points, so you shouldn’t lose all your money if a trade goes the wrong way. He also doesn’t have the same following as Adam Lass and Wavestrength Options Weekly, so his trades do not usually move the market that much. You would still be well advised to know how to trade options before getting into this service too aggressively, as you will be able to use his trade recommendations and buy a cheaper option a month out or a contract at a different price point.

      I have made money with his service over the last three months, although I am under water on several positions that I have not closed yet. Overall, a pretty good service if you wait till it goes on sale, which is does all the time!

    2. Anthony
      Feb 19 2009, 11:34:54 am

      If you’ve been around awhile this service has changed hands so many times I lost track. It is always reinventing itself with a new person running the service. Like many services, it has it’s ups and downs but this one is mainly down…

    3. Susan
      May 25 2009, 09:18:39 am

      I have tried 3 options that Zach has recommended and so far all have come in on the money. I pick and choose from his recommendations but all 3 that I have played this year have had gains of OVER 100%. Very satisfied with Zach and his newsletter.

    4. Lee
      May 25 2009, 07:02:02 pm

      I subscribe to several newsletters. It seems that many of the recommendations were a month behind the other newsletters, so I doubt if any of his recommendations were original. After 4 straight losers, I stopped paying attention to this newsletter. It seems to “borrow” too many ideas from other newsletters.

    5. Karen
      May 28 2009, 12:36:33 am

      In the 6 recent months I subscribed to it, I lost a fair amount of money. One or two of the recommendations that I bought came out ahead, but not enough to offset the losers. Some of the trades I didn’t get into, for different reasons. Sometimes the option price would be higher than the limit he set to buy it at. He still made money, but I didn’t get into it. One time he didn’t set a limit, and I ended up buying 4 penney stocks 75c-$1 higher than he paid. He made money, I lost it. At one point, I considered doing the opposite of his recommendations, but instead I just unwound what I had.

    6. FishGrill
      May 28 2009, 10:12:47 pm

      I doubled my account in one month and broke even on the other month.
      Zach answers emails sometimes within the hour.
      Great service. I am new to options but read a ton when i get into something new.

      I highly recommend the service.
      P.S. I also read WOW and I prefer Zach who tells you when to get in and when to get out rather than quote “maximum gains” and lets you decide when to get out.

    7. Gerald33
      May 29 2009, 09:18:24 am

      I subscribed when Ian Cooper was running it. It had some interesting moments while the banks and financials were crashing. He did pick those correctly. Overall I do not believe I made any money with options.

    8. Mark Johnson
      Jun 1 2009, 11:13:14 am

      I too subscribed when Ian Cooper was running the service, and had some good trades and some bad trades. Back then it was much more expensive. Ever since Ian split and went over to Angel Publishing, this service has been passed around like a, well, you know. This service has not been the same since ian left, a new face every time I get a promo about it. I prefer Ian’s Options Trading Pit to this one…

    9. Hans
      Jun 1 2009, 03:55:51 pm

      I analyzed 80 closed trades over a period of about 1 year. The gain per trade averaged 0.4%. Including 8 trades that were open at the time the gain per trade was -3.8%. This did not include transaction costs. 30 of the 80 trades made money.

    10. tom
      Jun 5 2009, 12:03:25 pm

      I subscribed to the service only recently because I wanted to know what they were calling “silver shots”. They wee very optimistic in their claims but I am ahead and buying options is fun because the value of what you hold moves so quickly. I was not aware of the many changes at the helm and will have to wait and see what my results are. Silver shots were indeed jan 2010 options at 17.00

    11. Jeff
      Jul 23 2009, 08:21:59 am

      I started receiving this newsletter about 2 months ago. I currently have 9 positions on based on the recommendations of this newletter and I am down an average of 61% on 8 of those positions. One of the positions is currently even. Not really the performance that was touted in the letter asking me to subscribe. I have yet to see even one winner!

    12. marshech
      Jul 31 2009, 09:40:42 am

      Death Cross Trader is named properly with regard to your bank account as none of the trades promoted by this Taipan offering were valuable. The only one I made money with, Chipotle, was when I sold it before he recommended to. That recommendation was to ‘throw in the towel’.

      Not a lot of money for the service ($250) but not a lot of success either.

    13. greg
      Aug 24 2009, 05:59:53 pm

      Terrible experience trading options. I ended up cancelling after one profitable trade when I got out on my own. I hung on to others and ended up with nine losers.

    14. Raj
      Sep 11 2009, 12:18:14 pm

      I have subscribed to this letter before and with poor results. I know that they changed manager and wanted to give another try. Thanks fo ryour article. They have not changed a bit. Thanks for saving the trouble of myself going thru trial and cancellation (and lose money thru some of the recommendation).

    15. John
      Sep 12 2009, 10:34:58 am

      I too as others subscribed immediately following the “silver shots” teaser. It must have been quite a success from a marketing point of view.

      While the “silver shots” were down for a while; at present (09.12.2009) I am in a profit position. Therefore, I will wait and see what happens between now and January 2010.

      As far as his other trades are concerned, overall I have lost money. For one thing, I have difficulty in executing trades at HIS prices – so obviously I have doubts.

      I also subscribe to Agora’s “Options Hotline” with Mr. Sarnoff, with similar misgivings.

      If you ask me, the “silver shots” tease was irresponible.
      I will be happy to break even on the other losses if silver does jump before January.

      In summary, DCT is NOT recommended – save your money!

    16. Nicholas S
      Sep 12 2009, 03:33:51 pm

      I am not a subscriber–he appears to be a trend follower, hyping an exhausted recovery uptrend at the peak. But then I speak as one who bought Dec puts of Silver Wheaton SLW Friday when I read about their outrageously bullish purchase from Barrick. Barrick is a good short here too, but SLW may have bankrupted themselves with this bet, on top of their others.
      I strongly recommend $59 spent for one month’s excellent “get your head straight” advice from elliottwave.com at this point in time. Get off all the trend following garbage out there just now.

    17. Theresa
      Oct 5 2009, 04:58:59 am

      Hi, I got a newsletter from Taipan,than a few more just to get my interest peaked, so I sucribed and got penny stocks to invest in and after reading and waiting to see what stocks to buy at the end it says subcribe now! same thing I get a e-mail from Death Cross trader about silver Shots and again after reading the full thing only to get to the end and it says subcribe now. So I’m thinging what did I subcribe to in the first place. So I looked up Silver Shots to see how to buy them and found your site, only to see the silver shot is not new as stated by Death cross. And I feel I got scammed,
      because they have not given me any stocks as promised.

    18. lee
      Nov 9 2009, 08:08:04 pm

      Iwas a subcriber to tiepan, and received all the other bs the option gu ru etc.but i just got this silver shot today. when he says,’ WHEN I FIRST HEARD ABOUT SILVER SHOTS I WAS A BIT SKEPTICAL, IN FACT, I ALMOST WROT THEM OFF BECAUSE THEY ARE NEW. BUT BECAUSE OF THE PROFIT POTENTIAL I DECIDED TO TAKE A CLOSER LOOK..HERES ONE HE SAYS AFTER DUE DILIGENCE THEY, THE SILVER SHOTS ARE FOR ME.. THE ONLY TROUBLEING PART IS HE USEES SILVERSHOT SERIESA A 2009 SERIES B SERIES C. UNLESS THAT IS THE OPTION MONTH SYMBOL?? ANY COMMENTS OUT THERE. SO I DID MY DUE DILIGENCE, YES THE OLE GUM SHOE. AS BEFOR IMADE A STUPID MOVE ON THOSE TWO BROTHERS PEDDLING HORSE S—, I MIGHT BUY A DEC CALL JUST OUT OF THE MONEY FOR THE HELL OF IT. THANKS, LEE

    19. Jim H
      Nov 12 2009, 08:57:30 pm

      After reading the comments, I don’t think their service would be worth it. I received a nice, slick-looking piece in the mail today from them pushing the ‘silver shots’, and it got my curiosity up. But the $200 price tag (even with the guarantee) was too pricey for something that looks untested.

    20. Bob
      Dec 4 2009, 10:50:18 pm

      Reviewed: Taipan’s Velocity Trader

      This is just a head’s up that Taipan’s Velocity Trader is an options trading newsletter that is simply a renaming of their Death Cross Trader newsletter. Given the less than enthusiastic reviews that Death Cross Trader has received on this website, it is easy to understand why Taipan decided to apply a new coat of paint and rename the service.

      Taipan’s latest marketing hype for Velocity Trader gushes about “Turbo Caps”, but that’s just their cutesy name for stock options.

    21. Daniel Paterson
      Feb 7 2010, 11:58:57 am

      I would love to know exactly where I find this “turbo cap niche market”? I have never in all the time that I received solicitations from from Taipan or Agora seen such misleading drivel as I have from this service. Making claims of +1000% returns, what a load. How many of you options traders have ever had consistent returns of over 1000%? How pathetic that they resort to this type of misleading advertising to draw people in. Call this service what it is, an option service. Turbo Caps!!! Grow up you guys, you should be ashamed of yourself, and Zach you should be a little more attentive to what you lend your name to, if I was one of your clients Id be questioning my decision to let you handle my money.

    22. Nick
      Apr 1 2010, 11:14:24 am

      when cooper was running death cross trader, he called the top of subprime, the fall of the dow through 12,500 (despite Taipan idea that the Dow was going to 16k), and called for the UK economy and its banks to implode. they should seriously bring cooper back. made a ton of money with him. Zach’s track record is full of -100% losers.

    23. defrauded joe
      Sep 21 2010, 04:03:02 pm

      What a loser this is I wish I had read the reviews before I subscribed. I could have lost less money if I had chosen stocks myself. What an idiot the guy running this is. He reminds me of a con man salesman. And idiot that I am I fell for it but only for a few months. I feel sorry for those who do subscribe and I doubt that it is around much longer. What a waste. Even when I asked a question it was ignored and it took 4 emails to cancel the service. At least they did refund me the subscription for the unused time. Still I feel sorry for subscribers who listen to his pronouncements. HE is quick to say one has doubled their money but has nothing to say about the multitude of losers.

    24. defrauded joe
      Sep 21 2010, 04:08:14 pm

      This is a con operation as far as I am concerned. I should have read the comments here before I subscribed. I marked consistency so high because it was consistently bad. WE should all get together and tar and feather Zach. I do not see how he can continue to spout out his enthusiastic choices. HOW can he live with himself??

    25. Dave Schneider
      Jan 4 2011, 07:08:39 pm

      Just finished a year with this guy and if you invested $1000 in each option he recommended (and sold at the exact time his e-mail hit your in box), you would have made 58 trades during the year and walked away with an ROI of -12.5% (worse if you didn’t get out exactly when his “get out now” e-mails arrived)! And that was with a lucky streak in the past 3 months because he was horrible in the first half of the year. If you want to make money with this service, just do the EXACT OPPOSITE of what he recommends. I did it a couple of times to great benefit. Other than that, he’s just a guy with opinions trying to get lucky like any gambler. What irritates me most is that when he does get lucky and has a decent gain, they’ll ignore all the failure and tout what a great service it is (another 145% winner!). Meanwhile, you’re likely losing your shirt.

    26. Carter
      Jan 14 2011, 04:54:10 am

      I tried one of their services and missed this little line in the sign-up:
      “If you aren’t completely thrilled with the service, just let me know and I’ll give you a prompt refund… minus a 10% registration fee… no questions asked.”
      10% “registration fee”… So who makes money on this deal? The writer of the service! Now THAT is a no lose trade!

    27. Russ
      May 30 2011, 11:00:14 am

      I always wanted to be involved with options and a newsletter by an experienced trader made sense. You know, just let them do all the work. Long story short, it’s been a disaster. I’ve had one or two soso’s but mostly losers. I’ve noticed however, that when a recommendation is made it almost always looses value immediately before starting to rebound. The latest recommendation to buy “OPEN” July 80 puts up to $6.50 was currently trading for $4.70. I watched it for a few days and sure enough, you can currently pick them up for $3.20. I’m still hesitant though since Netflix and others were total disaster recommendations. It’s a crap shoot no doubt.

    28. kevin weddington
      Apr 7 2012, 10:36:22 am

      This service stinks. Poor picks that go south as soon as I bought them. They do appoligize
      a lot. I canceled after 2 months of losses.

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