Author/Editor
Nomi Prins
Publisher
Paradigm Press
Description
Options newsletter, suggesting picks trading around $0.25 per contract. Picks come out on Monday or Tuesday morning.
Overall Rating
Rating: 2.8/5. From 71 votes.
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2.6
Rating from 263 votes
If you’ve subscribed to 25 Cent Trader, please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.
Investment Performance
Rating from 86 votes
Rating: 2.6/5. From 86 votes.
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Quality Of Writing/Analysis
Rating from 48 votes
Rating: 2.9/5. From 48 votes.
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Value For Price
Rating from 58 votes
Rating: 2.2/5. From 58 votes.
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Customer Service
Rating from 71 votes
Rating: 2.8/5. From 71 votes.
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Interesting concept but by the time the trade alert hit my phone or Inbox the price was above the recommended entry point.
Let us know how your trades from her were making money or losing money? Or just impossible to get filled at reasonable price?
See my comment and experience above.
Same here . By the time the trade reco hits my in box the option has already jumped out of buy range. I had only one chance to place a trade out of 4 weeks and that one was a 40% loss. Claimed my refund. Not a viable service in my experience.
Hello pbormann, Did you actually get a money refund OR a switch to another subscription service? Thanks in advance for letting me know.
As someone who is thinking of joining the 25 cent Trader, I would love to hear the reasons behind the ratings. This would help me to decide if I should get in and what , as a newbie to expect besides Nomi’s pitch.
I took 3 trades in 3 weeks.. The first one was great, bought C Calls and made money. The second week, bought the .25 cent FB Call options and sold at .34 cents, not nearly as good as the first Citigroup trade, but still a profit. The 3rd recommendation was buying BABA Puts, I got in at .27 cts and sold at .14 cents, a loss of nearly 50%.. So 2 for 3 on the 3 reco’s. .
You don’t make the thousands of $$ as advertised unless you buy 100’s of options, but I bought 20 to 40 options and made $234 and $287 on the 2 successful trades. Unfortunately I got greedy and confident after 2 successful trades and bought 60 Put options on BABA and lost over $600, so I’m down over $100 from the 3 trades. Also be aware that the .75 ct per option charge from Ameritrade gets expensive when buying so many cheap options.
The Service cost over$200 per month ($2500) or 850 for 3 months, and has a 60 money back guarantee, so another loss and I’ll exercise the guarantee. It cost nearly $300 per month, so needs to pay off in order to justify the price. So if you can only afford to buy 10 options or so, the .25 ct Trader won’t work for you.
In addendum to my previous post, today’s reco (Aug 5th) was to buy AMD Puts. . I just sold them an hour before the close for .21 cents for a .04 ct loss 🙁 So of the 4 picks recommended since I signed on, Nomi Prins is only batting 50%.. She was right on the calls, but wrong on the Puts. I plan to try one more, and if its unsuccessful, that’s strike 3 and I’ll exercise the 60 day satisfaction guarantee. Actually, I think they offer a 90 day money back guarantee.
You might want to focus more on the calls and less on the puts if these are your results.
There is no refundable guarantee according to what i read.
So far so good on the newsletter. I’ve recouped the subscription fees within the money back guarantee period. You need to have low option commissions and trade size
Hey! How much money would you recommend starting off with? I was considering the 25 cent trader after watching the video but wasn’t sure if the profits were over exaggerated for how much you need to initially put into it? Would be great to hear your opinion! Thanks
Start with zero
Yesterday was a no entry, but I haven’t lost a trade yet with the service. I play very conservative though and set 20% limits.
I think the key is to remember that 100 contracts is only $2500. I set my size to 1000 or $25,000 per trade which is very reasonable.
Dave, I am researching this offer before putting my money to purchase this service. That’s why I appreciate the input from folks like you who share their experience. What I didn’t understand in what you wrote in your feedback was the valuation of $25 per contract. I thought the contracts were 0.25 cents or less. You mentioned 100 contracts for $2500 & 1000 contracts for $25,000. Could you please clarify?
Ron:
An option is a contract for 100 shares of stock. A price quote of $.25 means per share, so each contract will cost $25.
So 10 x one contract is then $250.00 , correct?
the multiplier on option contracts is generally 100. In order to make this newsletter work it is imperative to have low option commissions. If you’re paying $1 per contract you need to make at least $0.02 to break even
Dave R, now that you’ve had more time, what are your current experiences & thoughts about the program?
I can understand why others are having problems with the newsletter but I’ve had very good results.
is it worth a large amount to join the services? Can you let me any help on the contracts work?
I joined and my firsts 3 trades were all losses. Not impressed.
Well, I thought I would give it one more try with today’s recommendation for MSFT. Nope, another loser! Definately not making that mistake again.
So what is the special thing about placing the trades at 10am? What is Nomi Prins methodology behind her trades?
Possibly she may be referring to what used to be called “amateur hour”, which was between 9:30 and just after 10 am. This occurred many years ago when humans were trading, rather than today’s robots doing most of the the trading. People used to watch TV shows like Wall Street Week and others, or read the financial columnists of daily newspapers, and they would call their brokers, and just set up trades at the open to buy “at market” on recommendations. This “amateur hour” up to 10 am, just might be what she is avoiding. And, again possibly, the 10 am time may indicate what the trading robots are actually doing.
Very disappointed with this service. It launched without having all the educational videos in place, and my first placement was a loss due to misunderstanding. The second week was a loss because of what she recommended. Today when trying to implement what she recommended, 5 minutes after her notice the strike price had moved out of range.
just for clarification. the author likely meant option or contract price not strike price. The strike prices are fixed. My experience has been markedly different
Yes, you are right I meant the contract price. As I noted bare minutes after receiving the alert from the service the contract price was already above the price recommended, so wasn’t able to execute the recommended trade.
My experience has been the same, the second I get the notice the contract price has moved 2-3 cents. The trades I have gotten into have been losers -going in the wrong direction. Not happy with the service. Sent messages to customer service regarding issues with no response.
First, be aware there is no 60-day MONEY BACK guarantee. You can “switch” to another Paradigm Press (parent is Agora Financial) at the same price (for the remainder of your annual subscription). Second, as mentioned by others, you will need to purchase numerous option contracts (each option represents 100 shares) in order to make any significant money from each once weekly trade. Third, I have only been a subscriber for a couple of weeks, and BOTH TIMES, by the time I tried to buy the options, the premium/purchase price was higher than what was noted as maximum. The first time I bought some option contracts anyway since the premium price was only 1 cent higher than the maximum. However, I ended up losing money because when I tried to sell at the end of the day, while my order was “placed” by my online brokerage, it was not “executed” by 4pm market close. I ended up holding onto the options until the 3rd day to sell as the overall market was awful the second day. As expected, I took a loss. This second time (today), I sat out the trade as the price was already 5 cents over the premium by the time I tried making a trade at the recommended strike price and expiration date. Note that I HAVE the TEXT ALERT feature and was able to view and then get ready for trading within ~10 minutes of the alert. Not sure if I will continue this subscription or change to another Paradigm Press subscription (ONLY RECOURSE AS THERE ARE NO MONEY-BACK RETURNS). Will update this if my fortunes change.
Every Monday morning, I make sure to log into my account by 930 am. I have my option order page up and pre filled out with the limit 0.25 and size in my case 1000 and just have to type in the ticker and hit enter when the alert hits.
My recommendation to all is not to trust Paradigm Press. It’s a scam, you don’t get much, they all put their energy in their more expensive services. These middle-man offers don’t help at all. Like Jimmy C said in his short write up, you won’t learn much at all w/ your subscription. We have one and to really do well we would have to sit at the computer every day for long periods of time and we don’t have it. We would get better recommendations w/ the individual services but we will never make our initial subscription back.
Painful, expensive lesson. To all out there – STAY AWAY FROM PARADIGM PRESS!!
same as many others – sitting with phone in hand for text alert – by the time it arrives the price is already above .25, on one pick the price was already on the way back DOWN from it’s high, bought at .25 and lost half as it continued to tank. was able to get into one of the others, it too failed . unless you care to sit and watch the prices all day or you have a faster receive of the texts, don’t waste time or $$ ESPECIALLY if you’re new! i did exercise the 60 day $ back guarantee, got talked into trying dark money trader, decided to be done with that as well after looking at the trades for this year – most posted are losers, i called before labor day weekend to exercise full refund – well, the fellow who handled the transaction wasn’t in the office, they’d send him an email, i called later, this time they did send (him and cc’d me) an email, have yet to hear from them, tomorrow i call again and advise i’ll cancel through the credit card if they don’t reverse the charges.
pfment Did you manage to get your money back?
This site has been great for me helping to wade through scams. Putting in my 2 cents for first time on this topic. And much of this is basic because that’s where I started.
This service isn’t a scam. It takes several weeks to start to get an idea of your own sense of risk and abilities and the service’s limitations. Now been doing it for 4 weeks and coming up on my 30 day money back guarantee. It was a refund to credit card if I request it. I had ZERO options trading experience and not much more knowledge about options when I started. It takes a few days to almost a week to figure out how to and get authorized for options trading (Fidelity) for me. It was very stressful for the first chance at trading options because of so many more choices needing to be made. Nomi Prins, and I concur, recommends starting with a trade worth only a few hundred dollars to get familiar with how to do it. This will be buying 1o or 20 sets of 100 options contracts ( putting in 10 or 20 in the buy quantity space). The service tells you exactly what to put in and that is easy once you understand the buying set up on your screen. My first chance at trading was MSFT – buy to open – $142 call option – limit of 25 cents (so 10 sets of $0.25 options that come in 100 bundles, 10 x 0.25 x 100 = $250). Total cost of trade will be displayed before you hit place order so you can tell if you screwed up by some magnitude of 10. So I had signed up to get the text alert thinking it would be faster than the email. Unfortunately the text came through an hour after the email, and I was only looking for the text. I still tried anyway because price had come down to under the limit, but this is typically too late to jump in. The Alert with the trade comes between 9:35 to 9:42 am and most of the price movement seems to happen within that first half hour. Bought 10 @ 25 cents, placed a limit order (sell to close at 32 cents) on 5, sold 5 at 24 cents. Saw that I thought it wasn’t going to 32 so I tried to sell at market at 28. And fidelity kept telling me I didn’t have the money or the contracts to sell. Well I learn in retrospect that I had to cancel the sell limit order first because those shares are accounted for even if I haven’t sold them yet, and the market order doesn’t supersede on the 5 contracts I had left. So I learned a few things.
The next week was AMD, and I was going to be on it. Alert by text and email comes at 9:36-37. I’m on the trade screen at 9:37 and it’s above the 25 cent recommended buy limit already at 26 cents, so I don’t do it. It goes up somewhere in 30s at some point I believe. So I’m frustrated, send an email that the price change comes too quickly to get in below their buy limits. I was very specific to the minute about the email and text time (this time about 1 minute apart) and the price of the contract. Got a basic email back about option price volatility, understanding how to place orders, review videos, yada yada yada. The next week of Labor Day was a shortened week and no trade came up that they would recommend.
Today it was BAC. And I thought I was ready. Screen open to the trade page, as Dave R says everything filled out ahead of time that I could (strategy = calls and puts, contracts 100, Call option, buy to open) only thing I need to fill in is the symbol and strike price. Text comes at 9:42 (email comes at 9:44). But I forget that the text doesn’t have the actual recommendation but a link to the site that then needs to open and I don’t have the password saved so I gotta type that in and it’s one of those apple derived ones that’s 20 digits long) so I use the email info. My plan was to buy even if above the recommended by limit, because what’s a few cents? Well I’m 2 minutes later than I want to be, buy at 22, 2 cents above buy limit. Today it goes up and down between 22 and 31 over the first hour. You put your sell limits in as a separate order after you buy the options. Sold some at 22, some at 25, and some at 31, for a combined gain around 13%., which was about $230. But I had to watch the graph the whole time, every minute. I’m thinking OK maybe I got this. Just need to up my input 10x to get profits that I think are substantial for a few hours work. Well the price goes to 44 cents within 2-3 hours of the open and now is at 47 one hour before the close. Takes a little lustre off the small win today. The returns she boasts are calculated from the price she recommends it (which you will be above by the time you place your trade) and the max price of the day. So today will be advertised as 160% gain (18 cents to 47 cents) but no one can reliably pick what the high price will be.
Obviously much more than 2 cents of input, sorry. Short answer is that over time you will make money. For me I’ll need to wager in the 10s of thousands to make a couple thousand because a lot will be put at 20% sell limits. I’ll need to watch the stock the whole time. You can’t just buy and then come back at the end of the day with money deposited in your account as she advertises. I’ll have two devices going, one with trade screen, the other with the 25 cent trader web page already open. I’ll need to place trade within 1-2 minutes of receiving the recommendation even if it’s a little over the buy limit.
The service is 3k for one year, you’ll get an option at some point to make it 2 years for 4K, and you’ll get several opportunities in the first couple of weeks to get a lifetime for 4.8k.
Nice writeup.
I TOO WATCHED THE VIDEO, READ THE TRANSCRIPT, AND HEARD NOMI SAY YOU CAN PLACE THE TRADE AND THEN GO ABOUT YOUR DAY, HAVE LUNCH, GOLFING, LA-DI-DA, COME BACK BEFORE CLOSE FOR YOUR PROFITS. ALL COMMENTS HERE FROM THOSE WHO TRIED IT SEEM TO CONTRADICT THIS, AS YOU ARE NOT TOLD WHAT THE SELL LIMIT SHPULD BE AND YOU NEED TO WATCH THE SCREEN EVERY MINUTE TO FIGURE OUT WHEN TO SELL. DOES ANYONE ELSE HAVE THE SENSE THIS IS FALSE ADVERTISING, NOT JUST PUFFERY? THE $3K SERVICE IS NONREFUNDABLE, SO YOU DON’T REALIZE YOU WERE DUPED UNTIL AFTER YOU PAY AND FIND OUT– UNLESS YOU READ COMMENTS ON GUMSHOE.
One additional note is that her literature talks about learning more how options work. I don’t think I’ll learn any more than the terms on the trade screen. She doesn’t let you into the specific details of her algorithm so that you could eventually try some on your own. You get the idea that some recent news has put momentum into the options of the stock that will effect it within one week and you’re trying to capitalize on that very first day. Her volume triggers and such are not made transparent. I understand the reason. She wants to give people fish, not teach them to fish. You do get general market trend analysis, and political effects on markets
So far this has not been that bad of a service. Personally, I like Nomi Prins and have read much of her commentary on King World News. I always question when independent thinkers Like Nomi affiliate with one of the trading service publications because it then becomes one marketing push after another for 20 different services from different people and becomes all about them making money through expensive subscriptions. In this case, it’s a couple grand. So far I have made money on 4 of 6 trades and got out at break even on the other two. I think that is because I have traded options before and was comfortable going in. I will tell you what I like and don’t like about her service.
We will start with the negatives;
1. It is only one trade per week… I mean common??? if she has developed an algorithm that flashes green when a set of the underlying formula’s trigger (momentum changes and news) and she watches say 500 stocks that trade heavy volume daily, Then why do you only get one trade per week??? I promise you, her set of triggers go off on more than one stock per week…
2. The whole idea of ” place the trade and then go away for the day” is complete nonsense, If I had done that on all 6 of my trades, I would have lost money on all 6-trades.
3. Don’t be late to the party!!! If you are not sitting at your computer and ready to trade the moment the email comes over the wire, you are screwed and will likely miss the entry limit.
4. She does tell you to put in a sell order with an acceptable limit right after you place the trade, but if you are wrong on that limit order, you may miss the profitable trade.
5. She does not tell you when to get out. That is left up to you… Frankly, if her algorithm can tell you when momentum into the stock increases, then it should be able to tell you when the momentum starts to go in the other direction. I personally would like to see another email at that point and then make my decision to ride it forward or not. Having said that, you to have watch the trade from the outset. I refresh my screen every couple minutes and watch the change in Open interest to determine how much activity is going on. The pitfall here is that momentum comes in waves.
Most of the profit opportunity will actually come within the first 15 minutes to 1,5 hours of the initial trade. I think a lot of that profit has to do with the number of her subscribers pouring into the stock along with whatever momentum was occurring that triggered her algorithm.
6. She markets this service by saying your target is a 100% gain within the trading day. I have not to even come close to that yet. I have gotten to 50% though and that would be acceptable to me. You are not going to make back the money paid for this service trading 10 or 20 option contracts. You are going to have trade 100 or more (up to 300 or 400 option contracts) to make decent money.
Here is what I like:
1. So far the momentum into the stock for each case has spiked. That at least gives you a shot at exiting with a profit.
2. there is always a basis for the initial recommendation. For me that is important because I wouldn’t know where to even start looking for a trade or stock to enter into.
3. If you are nimble, alert and ready to act at any given moment, you can make some money on these trades.
4. These are one day trades on extremely short dated options. This takes some of the decision process out of play because you have to get out the same day or time decay will erode the premium you paid. This actually helps me to make a decision in a short period of time.
Here is what I hope I never see or hear:
1. That she is front running these trades and getting out before her subscribers do because she can see momentum slowing down but doesn’t tell her subscribers, or
2. I receive an email that says if I want to make more trades per week based on her algorithm, then it will cost me more subscription money.
That’s my run down on the $.25 Trader….
“it then becomes one marketing push after another for 20 different services from different people and becomes all about them making money through expensive subscriptions.”
You are so right!
I have subscribed to a number of services like this over the years. Most try to up-sell you to more expensive services. One of the worst has to be Banyan Hill. They seem to develop a new system every month. They must have tried to sell 10 different services after I subscribed to one newsletter. Furthermore, they NEVER publish the results of these “Hyped-up” expensive services…..at least I can’t find the results if they are posted. Another ploy they implement is to say the system is “GUARANTEED TO MAKE $XXXXXXX.XX” within the next year…..and if it doesn’t make as much money as they GUARANTEE, guess what?……they’ll give you another year of the system for FREE. Gee thanks! It didn’t work as advertised the first year, so why would I want another year of their service? How is that a GUARANTEE?
AND, the developers (read: salespeople) who tout the systems in their videos appear to be very sincere. I am susceptible to their sales skills. In fact, I almost subscribed to one of their $4,995.00 services not long ago. Reason prevailed.
A big THANK YOU to all of you reviewers.
Out of my first 8 trades, I couldn’t get in, for less than a quarter, in 4 of them. Three of them I have losses, and the last one I was able to get out with a couple of cents up, that vanished after paying fees. Fortunately, I only subscribe for 3-months for $920, and a 90-day full-refund guarantee. Just called Paradigm Press and canceled and will receive my refund within 3 days.
I watched the video today. It was very compelling especially since she so eloquently stated that you don’t need a lot of money to yield high gains. Also it did give me some solace to know that there was 60 Day Money Back Guaranty. I was going to do the 3 month trial and purchase it online then I read the small print and it said the $850 was a non-refundable fee. Even though the written spiel on the right said that there was a money back guarantee. Not wanting to risk $850 of my hard earned money, I called into the Paradigm Press to verify and they stated their policy has changed recently and they are no longer offering the Money- Back Guarantee of any kind and whether you get the Annual Subscription or the 3 month Trail they are both non-refundable. So that really turned me off to the whole thing. These proprietary software platforms are full of the hype these days. I appreciate all the good honest feedback it was extremely helpful in easing my doubts.
Thanks to all for the reviews!!
Watched the sales pitch video this morning and was skeptical with day returns as presented.
The old adage ‘If it seems to good to be true, it probably is’ chimes for me. I’ll pass on this ‘opportunity’….
I signed up for a different service (Weekly Cash Flow) and making very little money after 3 months. I was interested in the 25 cent trader as a possible way to recoup my outlay for that service. Thanks to the honest reviewers here, I will avoid this one.
FYI to all… Calling up Paradigm Press customer service will not help you address any concern or question with any service. The representatives know little to nothing about each service. They might offer to forward your question or feedback or an email if you send one but…… know that there is a FIREWALL between subscribers and service providers. You will NEVER speak to anyone who understands the service you subscribed to. In fact, you may never even speak to a supervisor at Paradigm Press customer service!
After several calls in and no response to my questions or concerns or email, I called back Paradigm Press customer service after 2 weeks of waiting and asked to speak to a supervisor. The rep listened to my situation but adamantly refused to connect me with a supervisor because… “This isn’t my fault. I didn’t do ANYTHING wrong.”
In conclusion, the customer service line is only to subscribe or cancel, etc. You will not reach anyone who can help you. With the weekly cash flow subscription, you can submit questions for the FAQ. However, if your question isn’t one of the best questions that week, it won’t be answered in the FAQ. It will simply be ignored. No appeal process.
Thanks to all you contributors. Most helpful posts.
Also thanks to all for your honest contributions. As someone not earning $’s this is alot of money to pay for a service, which seems like more than 50% of the time you’re not making a profit. Think I’ll also skip this one, you guys just helped me make a decision and costly mistake I think as well. I get so pissed off if these ‘rich’ people use/partner with middlemen services like these to sell their services and products. If they only knew what damage it actually does to their own reputation.