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M
Member
👍8
M

Con men sell you just what you wish you had, even when they do not have it. That is RJ. He sells some nice and convincing theory of time value of options, and promises you that if you just buy/sell option spreads that he recommends to you and then you exit per his instructions or just before close on expiration date, you will make money. It turns out what the guy actually does is place those option spreads, then once entered, he is pasted on his computer placing a series of adjustment trades. His time value theory is nice, but… Read more »

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Dallas
Guest
Dallas

I don’t agree based on my experience.

wes
Member
👍-1
wes

Dallas, can you give more detail ? maybe a screenshot of your trade ledger ?
same question for M….
i’m about to do a review of an options con man and i’m going to show my trade ledger…

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ADL
Guest
ADL

Please tell us your experience. Which program, what you learned, if you profited. All the stuff I am getting are from 12 years ago.

Chad
Guest
Chad

I know Ryan very well, he’s no con man. He’s of high integrity and is brutally honest.
Ask a trading icon like Larry Williams, who opined Ryan’s book, he knows Ryan well.
Ryan doesn’t ‘promise’ anything, that’s a complete misrepresentation.

Lastly, I respectfully disagree with your perception and characterizations on numerous counts in regards to Ryan’s trading approach(s)— Trust me, I fully understand the approach, logic, and the commitment required for long-term trading survival.

Good luck and best regards.

Chad

ADL
Guest
ADL

He has been selling a signal system with a strange option spread based of last year’s Risk Free Projection Weekly Report that was a complete success, Up 4 times in on of the 3 months. Now is there any one reading this that received it, that is in this program, who know of anyone that is affilieated with this new Risk Free Projection type stuff. I would like to know if it is real and can make money. Apparently, this guy has been prolifically putting out programs for 15 years. But on the other hand he has placed and won… Read more »

Ben
Guest
Ben

I have tracked 4 of his program signals over the last two years, and only one of them made some money (none of them have been making money recently, and if they make money for a few weeks, then the profits tend to quickly disappear shortly thereafter). The guy is a GREAT marketer – but his trading ideas simply don’t work. The Risk Free Projection stuff is an improvement over some of the past ideas – but still is based upon the same basically flawed assumptions, that he has been using for the last few years. I have placed hundreds… Read more »

havalife
Member
👍60
havalife

“Risk Free Projection” is a completely misleading titled concept. You are better off to think of that name as a catchy title for what amounts to placing a preliminary trade under aberrant conditions where you are able to bring in enough credit on a diagonal trade that you will not lose money if the hedge further time out option does not lose a “projected amount of value”. Or you can augment the trade once it is making money by putting on additional parts to the trade thereby improving its possibilities. It is all about gaming price movement, which Ryan Jones… Read more »

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Chad
Guest
Chad

There is ZERO intent to mislead, with “Risk Free Projection”. It is a factual and truthfully titled concept, it’s a ‘projection’, or a “possibility”… not a guarantee of anything. All of this is fully and completely explained and disclosed in great detail. No options pricing model on the planet is 100% accurate, but when it displays as ‘risk-free’, it can and should ONLY be approached as a “projection”, which is 100% truthful. Obviously, markets move and time passes, so you attempt to make enhancements along the way, to get it back to an RFP. Also, when volatility gets pulled out… Read more »

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Chad
Guest
Chad

Here’s how to build trades, enjoy.

https://www.youtube.com/watch?v=FuvD-c3BpcU

Tim
Guest
Tim

The real issue is not his reputation. The question is does what he sell make profits. From Ben’s response earlier it seems that it does not really make a profit. I am in another of his programs no offered to the general public. It is up less than 10% over 10 years.

Chad
Guest
Chad

Full disclosure, I work with Ryan Jones on joint venture projects and business development initiatives within the trading world. Lastly, I’ve met, talked to and trained 1000’s of traders face-to-face. I use to trade all the time, on a professional level. It was tough. It was challenging, but I loved it. I had to mess up allot, and fast, to learn lessons. I’m a part-time trader now, and former RIA as well. My point, I do not know everything about trading, never will, but I do have a fairly strong grasp on the topic of trading and the markets. Confession,… Read more »

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havalife
Member
👍60
havalife

Kind words for an individual that says you can take $5000 and make millions in a few years. Ryan Jones took in $3000 each from a large group of traders, promising they would have the opportunity to continue trading that money with his assistance and guidance until they got back what they paid and that it was likely to happen in 6 months or less. The program fell apart. Only about 10% of the teams even generated a profit Nobody got back their money as he made probably well over $100,000. That sucks worse than an 8 year old who… Read more »

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Chad
Guest
Chad

On your 2 points… First—The compounding plan is a goal, not a guarantee. The $5k to $1MM, not Million(S) in 5 years is based on realistic math, and proper compounding. It’s centered around the key component of max risk exposure, then you build the position sizing plan based on account equity increase/decrease…Assuming the max risk exposure is less than $125 in this example, the long-term plan can work, you don’t need to make a killing… you only need to ‘average’ a small weekly profit ($60) to compound your profits. I use it successfully to this day, along with many other… Read more »

Julie
Guest
Julie

Chad, you are a pathetic excuse of a shill. I won’t call Ryan a con artist, but he’s close. Slick marketing, making money selling, NOT helping others make money.

havalife
Member
👍60
havalife

DO NOT FALL FOR RYAN JONES’ PayDay Stocks HYPE!!! I signed up for a program where he set up groups of 3 or 4, about 12 teams, I think. Each was assigned a certain way of trading, which he suggested would all have equal chance of winning if they just consistently followed the trade criteria for their assigned approach. Out of the ~$3000 each provided , we were given a team account of $5000 with IB to trade as a team. IB later shut down the team trading. We were all guaranteed that if we did not make enough on… Read more »

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Chad
Guest
Chad

To continue the conversation… I spoke to the head of oversight within Ryan’s organization to confirm, they said it was a complete administrative nightmare to manage, you have no clue how much of disaster. Several teams totally did not follow the trading rules or plan, they acted like complete gamblers, and some almost blew out the accounts. Some made HUGE order execution mistakes and errors. Several of them fell into this aforementioned category. Most simply wouldn’t follow the trading rules Ryan laid out. The ones that followed the rules were the ones making a profit. But most accounts had lost… Read more »

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havalife
Member
👍60
havalife

Chad, you are completely right. He set up a disaster. And if you go back to his rules, his entire intent was for us to learn for ourselves how to trade. In his opening sales pitch, he said bluntly that even if we blew out our account, we were assured we would be allowed to continue to trade the account until we made our money back. My team followed the rules. We had the biggest gains at one point, and we had the largest losses at another. One of the approved procedures was putting on different trades within the same… Read more »

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Chad
Guest
Chad

I’d recommend contacting customer support, they’re good people, and will bend over backwards to help anyone. My understanding (after the administrative nightmare debacle) is they’ve given, free of charge, a lot of additional value in the way of video training’s, signal program’s, and additional product access benefits… Ask them about getting access to TradePartner software, it’s awesome.

Take care.
Chad

Tim
Guest
Tim

Chad, you seem to be doing a great job of defending him. Have you actually used any of his programs and made money? Great talk but put put money behind it.

Joe
Guest
Joe

Chad is a shill for RJ. Maybe it IS RJ

Joe
Guest
Joe

Dear havelife,
I have a month looking @ different option trading teaching services and looks like all of them are money generating machines for their own pockets. Is there anything you can recommend me to take a look at?
Thank you very much.

havalife
Member
👍60
havalife

Joe, I would suggest you spend some time getting a good feel for what is freely available on Youtube.com. You are already way ahead of the game because you are looking at what StockGumshoe.com provides . Beyond that, you may want to satisfy your continuing desire for knowledge, and understand that knowledge is not necessarily equivalent to making money trading. There are certain relationships in trading that are directly based on probabilities. I would think a good understanding of your own desire of what to trade is one of the hardest concepts to wrap your mind around. Stocks or options?… Read more »

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Joe
Guest
Joe

Dear havalife, Thank you very much for such a great advice without even knowing me. Thank you very much for your time, without any interest. I always liked the market but until now, didn’t have the time to dedicate to it. I day traded part time while running my business and realized that if I would trade, I must focus, study and dedicate the time. Like you, I had lost money already chasing dreams, but now I’m in the same page now, skeptical. I’m pretty sure that eventually I’ll learn the strategies to trade options with minimal risk. My plan… Read more »

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uudsligar
Member
👍36
uudsligar

HI — I see this thread mentions Think or Swim and its software. TOS is now part of TD Ameritrade, I believe. Interactive Brokers — recommended by everyone, but their minimum account size is too high for many. I’ve had lots of options accounts over the years, always looking for the lowest commission structure. Recently was pointed to Tastyworks. Their trading platform is a little difficult compared to others I’ve used, but service is excellent, execution is as fast as it gets, and commissions are almost zero. That can make all the difference between making money and blowing up your… Read more »

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Bey
Guest
Bey

Thanks all for the education.
I looked at OptionAnimals and pre StockGumShoe (I saw one review) they are the bees knees…
From my experience, they are a powerful sales force (they only teach options trading – they do not have a trading platform and are not broker…)
I would like to know others’ opinions about them
As far as I can attest (a total beginner as I am) AMTD has a very nice training program (aside of TOS) as well as great support (they are good enough to help me out…)

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Julie
Guest
Julie

Joe, I would second the opinion that TheoTrade is one of the few/only outfits with integrity and actual ideas that WORK. Their overall membership (access to more stuff than you can begin to appreciate) is $99 a month and I can honestly say it pays for itself immediately and many times over. There is a mind boggling amount of info archived at the website. There is open communication with other traders, as well as the 7 or 8 administrators who are all seasoned traders/educators. There is no hype, no false promises, no BS. It’s like an ongoing college program for… Read more »

jsboyle
Irregular
👍0
jsboyle

Julie,
Are you still happy with TheoTrade? I paid for the classes on options trading 101. I believe it was only $7, and it does provide a lot of quality instructional info. I’m considering paying for more training.

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Chad
Guest
Chad

Joe No clue your experience and background… There’s several. Most don’t trade, but are good at ‘theory’. There’s about two dozen questions that you’d need to answer first. I’ve met 1,000’s of traders, managed and allocated millions and worked on an institutional trade desk. One thing I can tell you, I’ve never met 2 traders that are exactly alike. Read these 3 pieces first , Peter’s a good guy and 5 decades of trading wisdom, then I’ll help you…if you want. Trading Expectations – The enemy of traders: https://www.peterlbrandt.com/trading-expectations-enemy-traders/ Most Long-Term Profitable Traders are Under Water Most of the Time… Read more »

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Steve
Guest
Steve

Havalife, I was on one of the three teams that was profitable at some time during the contest. We had weekly team meetings, went over our trades and planned the next week’s moves. What a disaster. The market moves made adjustments and making consistent dollars impossible. Our team broke up and never a word from Ryan and his staff. At the time, he was recruiting people to his team that were knowledgeable and successful with the program. Obviously he needed help in the customer service area and still does. Ryan’s program is one of the least expensive and not any… Read more »

Paul
Guest
Paul

I developed a system similar to Quantum about a year ago so I was surprised when I heard his presentation. My performance over the past year has been good but not phenomenal. Because I withdraw $1,000 per month my trading account stays small (about $4,000) but 300% per year sure is better than a bank savings account. I expect RJ does much better but I did not join because I am 90 years old and too soon old and too late smart.

Paco
Guest
Paco

Hi Paul, any way to communicate with you about your own approach? Sounds like it works consistently for you.

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Abe
Guest
Abe

These guys sell worthless information. Extremely unresponsive to customers. After you pay, they are done with you.

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Bob
Guest
Bob

One Star is too generous. Can I please score this service with negative stars because that’s what happens to your account if you trade his signals! While it is true that Quantum Trading makes no promises and offers no guarantees, his marketing way over blows potential profits (Turn $5,000 into $1,000,000 in Five Years or Less!). Hogwash! The results of his actual trading signals bear this out. It may not be a scam by the pure definition, but you should keep your money in your pocket. “Move along, there’s nothing to see here.” Oh, and by the way, “Chad” is… Read more »

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havalife
Member
👍60
havalife

Ryan Jones is at it again. Let’s start with his own bottom line, after saying it is essential that you must be “All In”, he makes crystal clear in bold summary, “Absolutely No Guarantees”! Honestly, the trade of the year would be to buy Ryan Jones’ program for what it’s worth, and sell it for what he thinks it is worth. It is incredible to think that after hundreds of students, he found one … only one… that he apparently can assert as a display of his teaching prowess. Now as an example of a completely ludicrous claim, get this:… Read more »

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Dave
Guest
Dave

I have subscribed and purchased all his stuff the last 3 years and have lost money. I think what happened was Ryan had a lucky streak one time briefly and he thought and maybe still believes his stuff works when in fact it does not. He also makes promises that he does not come through on. I invested in several things he completed only about 80 percent of and then he moved on to something else. His latest plan now is to sell enough of his stuff that really does not work at a high enough cost to enough subscribers… Read more »

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Bey
Guest
Bey

I guess I am one of the lucky ones who spent only a few hundred bucks on Ryan’s program (shortly before he announced of his new move – out of options trading with one last big Hurrah that I am glad I did not fall for…)
Thanks everyone for the great education…

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Junior
Guest
Junior

I think Ryan Jones stratgies are great I’ve made my money back in a few trades, I have lost son some trades but nowhere does Ryan say that you will win all the time. He actually says there are times where you could lose many times in a row, but his strategies teach that your losses are capped and the odds are in your favour and it’s up to you how much risk YOU want to take on. If you lose and you lose the amount of money that the max loss or less that the set up says then… Read more »

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Don
Guest
Don

Just keep trading those strategies and watch your money disappear!

havalife
Member
👍60
havalife

Please allow me to point out that several comments were posted by “Chad” who suggested a rather “close” relationship with Ryan Jones. I just ran across a webpage that is likely signed by this individual in an apparent administrative capacity for Quantum Trading Technologies. If so, he is taking advantage of the readers of this community in trying to mute the voices of the victims. He is attempting give credibility to something in which Ryan Jones in a major program to prove his method, supposedly would train 100 traders how to trade for life, flopped. Flopped like a “forgot my… Read more »

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Don
Guest
Don

Isn’t it amazing how much this guy gets away with?! I keep hoping that someday someone is going to come along and take him and his scams down. I have a bunch of excel tables showing his signal results over the past few years. I don’t have a clue why anyone on the planet would trade ANY of his signals after having seen the results after a few weeks (beyond dismal). He keeps claiming that his methods shall double your account in a short amount of time -but what they really do is HALVE your account instead. I DO wonder… Read more »

lsanga54
Guest
lsanga54

Glad I read these reviews because I got an email in my inbox with his yet another promotion, after he’d said he was closing down his business forever not too long ago. “LAST chance”. Anybody has actual results of the 1-2 super punch strategy or the Time Warp. And how do you get to a 100,000 in 5 years by making only $10 a week and compounding it? That’s what got my attention.

ha an
Guest
ha an

Gentlepeople, I bought some of Mr. Jones Time Warp and other instructional material. He tries to teach a fairly complex option strategy with a lot of moving parts (time decay and volatility) by ignoring greeks and focusing on extrinsic vs. intrinsic value ONLY in attempts to simplify, but therefore ignores important components of risk. It would be fine if it worked, but apparently it does not. It seems like the air leaks out of his positions because of positive vega (long volatility), which means if implied volatility goes down on the further out in time options, you’re hosed. His PPD… Read more »

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Dave
Guest
Dave

I have to say I have looked closely at a lot of Ryan’s latest stuff. I do like his money management info, however all his latest trading ideas are based on calendar spreads and he uses tools on the interactive brokers trading platform that are very deceiving. The tools show p/l chart snapshots of various combinations of calendar spreads that often look wonderful but the tool only shows what might happen if everything remained exactly the same including price and volatility. That’s the deception. The problem is those trades can change wildly with the smallest variation of volatility. Volatility often… Read more »

PayDay Stocks
Guest

Thank you in advance for allowing this post… Here’s what traders are saying after attending a live trading workshop with Ryan Jones in Dallas, TX: https://m.youtube.com/watch?feature=youtu.be&v=G-t55mga6mk Here’s what traders are saying after attending an live trading workshop with Ryan Jones in Atlanta, GA: https://m.youtube.com/watch?feature=youtu.be&v=0Hj8TumDVzU Here’s Ryan Jones presenting his opening session at a live workshop: https://m.youtube.com/watch?v=CiKvzXZDOhk Here’s Ryan Jones explaining the process of building out a trade “projection” and the risks associated with it, PLUS a word of caution from Ryan concerning trading advice and opinions via online trading blogs, chats and forums (Fast Forward to 1:45. Ends at 3:15):… Read more »