Dr. Singh Options

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Richard
Guest
Richard

I listened to the sales pitch tonight and wondered what the comments would be here. I wondered if anyone had anything good to say. I saw no comments. I was surprised. Apparently Dr Singh is too good to be true. I read his claims end up being a weekly 2500% win rate. I read several complaints on another web site. https://www.tradingschools.org/reviews/dr-singh-options/ This is the first time I didn’t find comments here and this might be my first post but I have enjoyed the comments here for years. It helps me avoid scams. FYI, the sales pitch said I had to… Read more »

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Richard
Guest
Richard

FYI, the new sales pitch claims over a 90% win rate on options trades and a more believable 87% average gain per year. I will stay away. I’m interested if anyone has tried it though.

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Mike
Guest
Mike

I found his course to be worthless

Steve Bosses
Guest
Steve Bosses

I subscribed for what I thought was a one month trial but they converted it to a one year subscription. When I asked for a refund (within the one month period for which I thought I was signing up for, they refuses, offering some bogus excuses. When I debunked those excuses, they still refuse and continue to refuse to this day. Instead, they offered me a 6 month extension to the service for which I did not want to subscribe. BE VERY CAREFUL IF YOU SIGN UP.

Mark Lingenfelter
Guest
Mark Lingenfelter

Steve, clearly you didn’t like the service, but what type of returns did his picks actually generate? Were instructions clear? Would this be helpful and at least mildly profitable for a newbie.

Joe
Guest
Joe

I have followed these people for more than 6 months, including watching the “free trading rec’s sent to paying members” ( which they Do advise you are for paper trading only). These over the last 6 months were mostly credit spreads and well over 75% proved to be successful. Fir me the problem comes up when they promise you access to his trade reccommendations. When I tried to access these the only ones I was able to get were the “free” reccommendations that I received via email. They did not provide access to his actual track record (I sent several… Read more »

James
Guest
James

Joe, you are absolutely right! Unless you have your money on the line, it all means nothing except empty words.

wes
Member
👍-1
wes

here are some cases: https://www.tradingschools.org/reviews/dr-singh-options/

William
Guest
William

One of their, ‘follow along’ recommendations was from August 25th, 2017 titled, “Learn to turn $700 into $1,700 in 60 days.” This was an option spread on ZGNX. They made the following bet, “We bet you that this stock which closed on Friday, August 18th, 2017 at $12.25 will close anywhere between $1.30 and $23.70 on October 20th, 2017. If it does, this trade will generate a profit as shown on the graph below and we will consider it a winner. If it does not, we will lose the bet and we will award you our free VIP Annual membership.… Read more »

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chewinggum
Member
👍2
chewinggum

William, how are you doing with current recommendations. Are you pleased with the service?

Tony
Guest
Tony

Nice/

Joshua
Guest

I have watched Dr. Singh’s webinar which was presented well explaining some strategies I found interesting. I decided to take advantage of the offer presented in the webinar which seemed extremely generous and so far I am satisfied with the service. So far his weekly and monthly success rate holds true with his advertising and he offers the in abundance every weekend so no complaints there. His 3-Legged and 4-Legged strategies I have never heard of before and they are a little complex but amazingly structured. These trades seem to be my favorite because he seems to develop in such… Read more »

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James
Guest
James

Joshua, I am excited for you. Please update me on your progress as I am looking into this myself. Thanks
James

Ron
Guest
Ron

Joshua, How has it been working for you?

buffalodiesel
Member
👍27
buffalodiesel

I am interested in learning more about this…but I wonder if his purchase of 3 calls + 3 puts + 2 short calls and 2 short puts…. do not eat up the trade with all those trade commissions.. when you have to close out? Also how does it work with such a low volatility market?????? He claims others have made millions with his technique. Just hard to believe…?

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1ftndgrave
Guest
1ftndgrave

If you use a broker charging anywhere upwards of about $5, you would have some hefty trade’s charges, however if you switch to Interactive Brokers, possibly others as cheap, you will only pay a buck per trade plus something like a penny per share. Check them out. I haven’t utilized this investment service of Singh’s, yet, however, am leaning towards doing so today. I’m more than a bit concerned about the complexity of these trades, but the service offering training videos sounds good and the results can’t possibly be worse than the rest I’ve paid for over the years. PayPal… Read more »

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Gordon
Guest
Gordon

Well it’s easy to make a million if you start with million(s). Heck have $10M make only 10% and you made $1M, and according to him his trades make on average 75% or so, so if that is the case you should be raking in $7.5M per trade every 2 – 4 weeks depending on the strategy used and never have to touch your initial principle. I don’t know if that is how he gets around that since they never say what the average “new” millionaire started with, only they recommend starting with $5k. But I don’t really get that… Read more »

Mr. D'Arcy
Guest
Mr. D'Arcy

Joshua and William,
It has now been 4 months since your post and approx since joined Dr. Singh.
How are you doing? How has his trades been? How was the classes from Dr. Duke?
I am sure there are a lot of people who are waiting on pins and needles for your report.
Thank you for your time.

James
Guest
James

Use Tastyworks from TastyTrade – $1 per option contract to enter and no cost ever – to exit. There are minimal fees charged by the exchanges that you will take (generally .20 – .40) for each trade.

James II
Guest
James II

Stay clear of these crooks….I tried the service for 4 months and IF you can get the entry credit they use and IF you can get out of losers at the recommended stop, most trades will be slightly profitable but you can forget the 3 and 4 legged trades; they may look good from the start but don’t work out in the end. The big scam comes when your term is over and they bill you for another term without notice and refuse to refund. What reputable advisory would take your money when you are clearly unsatisfied and have no… Read more »

jiorose
Guest
jiorose

have to agree with you, signed up about a month ago, unfortunately, they are a total scam. worst money I ever spent…

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Mike
Guest
Mike

I have signed up for this, but not followed up. I will try now and report back.

Mike
Guest
Mike

I have joined and think he is legitimate. However, I will let you know later
.

Mike
Guest
Mike

I have just signed up but am afraid it is a scam

Mike
Guest
Mike

I have joined but am afraid it is a scam. I know that Dr. Duke is.

truthtopower
Guest
truthtopower

I found the service is for high probability way out of the money put options selling, you could do as well doing technical analysis on your own, selling these delta 10 or less options to get a 90% probability of success, however I disagree with mike, I thought the weekly webinars with Dr. Duke and being able to ask questions about the materials was as much if not more valuable than Singh’s service.

Mike
Guest
Mike

I have joined but have not learned his system. I will probably have to cancel and get a refund . From other comments, this will be hard to get. The best thing in situations like this is to file a complaint with the CFTC

Evan
Guest
Evan

Just wanted to thank you all for your comments. I generally don’t sign up for these services but it looked “somewhat” interesting.” Still not sure how I got on their email list! Sounds like a scam, I will completely AVOID. Thanks to those who have reported back here, much appreciated!!

Eddy
Guest
Eddy

I was on the fence about joining Dr. Singh’s Options at the $995 annual subscription which lets you see his own trades. But after reading the comments here and visiting https://www.tradingschools.org/reviews/dr-singh-options/ I have decided the only way I would try this is on a monthly subscription fee of $95 so that it could be easily cancelled. However, it seems the return on investment may be too little and I don’t have time to invest in a service that does not deliver enough ROI.

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save me
Member
👍20
save me

I have been trading over 50 years, including -when I was younger- as an independent trader at New York futures and options exchanges. Once in a while I sample the free information available from vendors because occasionally I learn a new angle or trick. From my observation there are actually some vendors whose services are worth the money. Those are the type that may have a trading room and publish potential trades nightly and enter some of them in the trading room or have levels of membership where they notify members about specific trades. One needs to be an active… Read more »

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jiorose
Guest
jiorose

I purchased this service about 3-4 months ago and actually have not used it much, I now am no longer trading at all so would like to sell the remainder of the 1 year subscription if anyone is interested, I paid $1000 for the year and would take $300 for the 8-9 months left

Cole
Guest
Cole

Hi jiorose.
I am interested in purchasing this program.
Is it still available?
Let me know soonest.
Thank you
C

jiorose
Guest
jiorose

hi Cole
yes it is, I am not involved in markets at all right now, just send me a way to contact you and we can discuss, could probably just switch my email address to yours so you get the alerts

jnksak
Member
👍0

did you buy this? How is it going?

jnksak
Member
👍0

Let’s talk. Call me at+18569067463. Steven

kevin
Guest
kevin

do you still have services left

Guest
Guest
Guest

send me email jpvermav01@gmail.com

Truman
Guest
Truman

I signed up for a 2 week trial. I canceled within that period of time with no issues about that. Here is the issue you will have with the service, just as I also had……. He is correct 90%+ of the time,hi probability , low risk positions, that part is true. What they won’t tell you is that their margins are so small and rarely will you get to place those trades. Out of the 30 recommended positions, 2 times I was able to place trades, because the market moved as they open Monday. With their goal of .07 (translation… Read more »

dapez
Member
👍12
dapez

I decided to look for Dr Singh’s Patent application, however there is no record of the patent number nor of a Dr Singh having filed an application. Seems the number does not exist.

tjohn5330
Member
👍2
tjohn5330

I purchased the Dr. Singh signal service (his recommendations) and found them interesting. A primary strategy for him is to sell naked puts a month in advance (not for the faint of heart if you look at the risk/reward numbers). He suggests a stop based on the underlying value but it is not foolproof. One thing that is interesting, he always lists a mid-point credit value (halfway between bid and ask) based on the close on Friday. In looking at a TSLA recommendation recently (Friday close at $345) Dr. Singh recommended a put at $145 with a mid-point target of… Read more »

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raymond
Guest
raymond

I subscribed to this trading service and only received emails for 5 mths. i asked to have a refund of the monies i spent for the service, because i was not receiving any more emails. I was told that i had unsubscribed to the service, which i didn’t. i was then told that i would get 4 additional months of the service and still have not received any of Dr Singhn Options recommendations in several months. this service is NOT worth any money you would pay for iut.