Optioneer Trading Index options trading Review

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1.9 stars
Average rating for this product is: 1.9 out of 5

From 0 ratings and 6 reviews

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JB trader's Review of Optioneer Trading Index options trading

17th Dec 2007

Overall Rating

0.5 stars
  • Value for money
    0.5 stars
Good Points

It's convenient to have a computer program that figures your profit and loss every night on your options.


Bad Points

This system is not worth the money.


General Comments

I joined Optioneer Trading Index and made money for a couple of years, though each year I had some losses of $10,000 to $30,000 dollars. But the last year I was with them we started to have huge losses. I left Optioneer Trading Index this year. They will tell you that with Andy's system you minimize your losses. But, that is not true. Often times, if you got out when Andy suggested you should, you maximized your losses. Then the market would correct itself and you would realize that you didn't have to take the losses you did.

If you ignore Andy's advice you will make more money, but not enough to make this system worth the price you pay. The system does do better in a market that is range trading, but in that type of market you don't need Optioneer. You can do it yourself. Overall, I would have to agree with the first review that you would do better in a money market account with a lot less stress.

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