Bill Poulos – instant options income, options trading, also gold options tradingHas anyone had experance with this instant options income program, by Bill Poulos? I wonder if it is any good, or a scam.
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To me, it was a total scam. I lost money on 80% of the trades. Total loser imho.
I have his instant options income for 2 years, and income options engine for life time.
So far so good.
Important is, don’t blindly just follow his signal. you need to do a second level Technical Analysis to ensure you are confidence to enter the trade.
And of course, money management is important, exit strategy is important, make sure you also follow his exit strategy and exit alert.
Here is the game plan you should do (as i am doing it):
– trade with small size, no more than 5% of your capital
– don’t trade more than 3 positions at a time
– always set conditional Stop Loss in your trading platform to close the spread or follow his exit alert to close the spread
– Make sure you do your trade journal, ensure you win 8 out of 10 trades, and all 10 trades should use the trade margin
– always do a personal additional TA analysis before you enter trade.
There are times when market condition sudden change due to Major News and Policy.
No service in the world is 100% winner, what we can do is (if subscribe their service), this is for the purpose for someone do the hard work to help you filer and scan for the right stocks, but you need to do your own analysis to ensure it is logical for the trade recommended.
Remember, no money care of your money more than you do!
Rule #1: Never lose money!
Rule #2: Always make sure you follow Rule #1 !
Hope this help.
Interesting…I just directly contacted Bill Poulos’ “Instant Income Options” customer support inquiring whether they share performance data regarding, historically, how well each weekly credit spread recommendation performed – did it perform as intended. Very quickly the lady told me ” We don’t share or publish that information”, which strike me as very odd. One would think thank if all the painstaking research & filtering they presumably do finding the “best” trade candidates, they would be very willing to demonstrate with a performance tally on how each weeks trade recommendations have performed. What a great confirmation of their “system”. What I was told is they don’t publish this data due to the generous evaluation period that is granted (60 days). Still, leave me wondering how well his recommendations actually perform.
Does anyone who owns the program have any sense how his trade recommendations have performed?
Bil lPoulos has a webinar again for Instant Income Service for 1997$ instead of $3000.00
He shows several weeks of his trading success I listened to it today, November 17 2019 accepts only 100 new subscriber!!!
he still says only 100 new members today – 6-16-2020
Is the bill polous instant income options a good investment?
Is Polous Instant Income Options worth the investment?
I had a subscription with Instant Income for 3 months in 2019.
I researched all of his Thursday trade recommendations for the 3 months that I was subscribed.
I was not able to place any trades because I am in Canada and American Brokerage Firms do not except Canadian residents. I tried opening up an account in Canada but the minimum amount to open up an account was $10000-$20000 which I did not have.
The mistake I made was that I subscribed first before I set up a trading account.
I continued to follow the trade recommendations and in those 3 months there was a wining percentage of 70% – 80%.
Instant Options honoured the 90 day money back guarantee with no issues at all.
The subscription fee was back on my credit card 3 days later.
Responding to a number of questions, I guess. I started off with Instant Income Options, but cancelled within the 30 day (or whatever) trial period. I wouldn’t call it a scam, but it was overhyped and promised far more than it was delivering. I cut my losses short.
Maybe if one gets fully into it, doing all the video instruction and joining all the conversations, one can do better. I can’t say.
I would say its not a worthwhile investment– and it’s hardly alone in that, of course.
Bill Poulos is hyping this program again. Any new veterans out there?