Theotrade has launched the newly hyped Vommazone option scam. The pitch says that vommazone will give 500 to 2000 % profit in days . Cleverly interspersed are the disclaimers that nobody can give guarantee in stock market. He claims to be an educator from Think or swim like so many other scammers. There are so many other scammers claiming to be hedge fund managers.
Theotrade is cashing in on the volatility of stock options markets. Became a member and paid the price.
Inside there are so many videos. By watching the videos you do not gain insight into making money. Many of us can make excellent burgers better than Mcdonalds or Burger Kings. But can we make money, even a few 100 bucks selling our burgers? i doubt it. Same is the case with Theotrade and Don kaufman. He is making money of subscriptions and produces/procures some videos to add authenticity to his claims.
Logged into their website and the trades posted are for 2018, 2019 and 2020. We are into 4th week of Jan 2021. All those trades and info is pure crap based on the dated material.
I can dream of 1000s of dollars of returns by looking at past data. Theotrade is doing just that.
Do yourself a good favor and run from Theotrade.
Inside the website they have some templates for recording trades. Same blank templates for each month literally multiples of dozens. What is the purpose ? No one knows.
If you have template that is good enough to record all your trade details like a ledger . Any company has one ledger. They do not have 100s of ledgers for each month of their operations.
Keep away from Theotrade. I asked for a refund immediately after becoming a member and examining the website content. The company refuses refund saying that i have to agree by the terms and do some real trades and furnish the proof to them. Do you dare to rely on the advise of such a scamster? I hope not . If you do , you have a fair chance of losing the trade money as well as subscription money.
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