response option axiom
I enlisted option axiom to manage my portfolio of there trades,it took about 6 months started with 10K acct.which was reduced to $1230.00..a hard hit with
an acct. that was managed by this company.I would warn anyone thinking of investing with co. to think twice...the facts and performance speak volumes.
I enlisted option axiom to manage my portfolio of there trades,it took about 6 months started with 10K acct.which was reduced to $1230.00..a hard hit with
an acct. that was managed by this company.I would warn anyone thinking of investing with co. to think twice...the facts and performance speak volumes.
OptionAxiomLoser
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Save your money. I followed Rob Roy's trades for 4 months and liked the results. When he offered "autotrading", I signed up, and like sumba, I allowed Option Axiom to auto trade my account through Trade Monster and lost the entire account in 4 1/2 months 
Rob Roy is just another recycled Optionetics instructor trying to make a fast buck off his former students. Save your money - there are a lot of free sites that provide much better education.
Rob Roy is just another recycled Optionetics instructor trying to make a fast buck off his former students. Save your money - there are a lot of free sites that provide much better education.options axiom
I am very surprised that more people have not spoken up, hard to believe we were the only pigs for slaughter............the co.( individual ) is incredibly egregious.
Save your money. I followed Rob Roy's trades for 4 months and liked the results. When he offered "autotrading", I signed up, and like sumba, I allowed Option Axiom to auto trade my account through Trade Monster and lost the entire account in 4 1/2 months
I am very surprised that more people have not spoken up, hard to believe we were the only pigs for slaughter............the co.( individual ) is incredibly egregious.
Another Option Axiom Victim
I was beginning to think I was the only one. I lost over $9000.00 with Option Axiom after subscribing for a year and realizing the math didn't add up. I should have see it coming after they kept trying to sell you more and more stuff. Alot of smoke and mirrors.
I was beginning to think I was the only one. I lost over $9000.00 with Option Axiom after subscribing for a year and realizing the math didn't add up. I should have see it coming after they kept trying to sell you more and more stuff. Alot of smoke and mirrors.
OldTrader1
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Recycled Optionetics instructor
Being an a former Optionetics student, I knew and respected Rob and Ryan, so I subscribed to their OptionAxiom Alerts. After a few months of good results I signed up for the new TradeMonster autotrading service and managed to lose my entire account 10K in 6 months. As the business grew, their picks became worse and communication with the company was nonexistent (no phone to call or response to e-mails). They actually stayed in one trade (LULU) for 10 months racking up a 400% loss. It's clear these guys are making their money teaching and not trading!!!! Avoid this service.
Being an a former Optionetics student, I knew and respected Rob and Ryan, so I subscribed to their OptionAxiom Alerts. After a few months of good results I signed up for the new TradeMonster autotrading service and managed to lose my entire account 10K in 6 months
. As the business grew, their picks became worse and communication with the company was nonexistent (no phone to call or response to e-mails). They actually stayed in one trade (LULU) for 10 months racking up a 400% loss. It's clear these guys are making their money teaching and not trading!!!! Avoid this service.
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Windlesham1
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I am a former Optionetics graduate-if that's the word. I studied hard learned a lot, paper traded for 2 years,lost money and made money- most years I make good money now,by a combination of buying and selling-as I hate just selling and watching premium multiply 5 fold against me
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lloydbee
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+1 .... because they can't really trade.
I could never see what people liked about him, he and all the Optionetics so called Mentors/Instructors NEVER had my respect nor did they deserve it. The crap they taught was old school mentality and half of them don't even know their way around their so called Broker Platforms that they 'apparently' use.
My advice, NEVER use ANY trade advice services, unless you maybe take the other side of the trade.
lloydbee
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Yeah unfortunately far too many people get fleeced, myself included.
OldTrader1
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Being an a former Optionetics student, I knew and respected Rob and Ryan, so I subscribed to their OptionAxiom Alerts. After a few months of good results I signed up for the new TradeMonster autotrading service and managed to lose my entire account 10K in 6 months
WOW this guy has some nerve. After I blew out my account following his "Alerts", I cancelled my service and told them I am no longer interested in anything they have to offer. So today I received an email offering me access to an Axiom Strangles service (sounds like what I cancelled). Guess he's drumming up business to replace the sheep he slaughtered.
I am currently using this service and I am very disappointed. I jumped in before doing research. Here's what I found out from trading his recommendations. I do not plan to renew my membership!
Up front the trades look good but the approach is BAD. One side of the trade becomes profitable but not enough to cover the loss on the losing side. He doesn't recommend setting a stop to collect the profit. The profit goes away then both sides of the strangle become a loss. The options are usually deep out of the money. So you lose the time value especially in the last 30 days. He doesn't take that into consideration and roll forward when there is still some time value left in the trade. You end up losing money when you could have reduced or cut your loss. I had one profitable trade out of six so far.
Bottom line don't waste your money!
Up front the trades look good but the approach is BAD. One side of the trade becomes profitable but not enough to cover the loss on the losing side. He doesn't recommend setting a stop to collect the profit. The profit goes away then both sides of the strangle become a loss. The options are usually deep out of the money. So you lose the time value especially in the last 30 days. He doesn't take that into consideration and roll forward when there is still some time value left in the trade. You end up losing money when you could have reduced or cut your loss. I had one profitable trade out of six so far.
Bottom line don't waste your money!
OldTrader1
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Wow I received the same one. Guess Tom wants to borrow someone's ideas and remarket them as his own. Funny that NO Optionetics instructor was willing to show his/her live trade history - hummmm
lloydbee
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Ha ha
, Give me 30mins and I can give him maybe 8-10 trades that will be successful... and what's funny is if you look at his pictures he's using TD or TOS charts... Maybe I'll tweet him a trade later today... in fact I think I will :clap:"No live trades" - That's because most if not all weren't traders. Lots were just students turned so called instructors. It seemed like once you understood what a Put and Call were you were good to be an instructor for Optionetics, but I don't know what they were good for apart from telling BS. Most never knew how to navigate their so called broker platform of choice (OX) that apparently REAL traders used, let alone their lame way of looking for trades in the useless data missing platform crashing software they were pumping to the naïve.
It feels like I am the only one that posts in their forum, well myself and a few traders who I suspect will now fall to the wayside now that their monthly group has shut down.
lloydbee
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So I thought I would do as I first thought and send Tom G a tweet... here it is for my amusement...
Lloyd Bradford @Lloyd__Bradford · 1m
@tomgentile so many ? in your posts it seems you need a #trade idea, #SELL VERTICAL VMW 100 AUG 14 103/104 CALL @.15 LMT
7:14 PM - 9 Aug 2014
I see he is about to launch a new website/business, he must have woken to the fact his Optionetics is a dead horse and the glory days of ripping people off through it are all but over. I can't help but feel nostalgic when Optionetics is mentioned and talk of such makes me smile thinking about the threatening legal notice and phone calls I received from the managing director when word got out at the Optionetics meetings that I was succeeding and willing to teach others. Good times, great memories... (nods head and smiles) good times...
Lloyd Bradford @Lloyd__Bradford · 1m
@tomgentile so many ? in your posts it seems you need a #trade idea, #SELL VERTICAL VMW 100 AUG 14 103/104 CALL @.15 LMT
7:14 PM - 9 Aug 2014
I see he is about to launch a new website/business, he must have woken to the fact his Optionetics is a dead horse and the glory days of ripping people off through it are all but over. I can't help but feel nostalgic when Optionetics is mentioned and talk of such makes me smile thinking about the threatening legal notice and phone calls I received from the managing director when word got out at the Optionetics meetings that I was succeeding and willing to teach others. Good times, great memories... (nods head and smiles) good times...
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lloydbee
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waaaa ha ha ha is he f*ing serious.. 2 days for $15k who in their right mind would pay $15k for 2 days of crap... No one is going to learn squat in 2 days
(quoted from his website)
Live 1 on 1 Mentorship
This 2-day live Mentorship is for the serious minded individual dedicated to becoming a successful trader. Experience is the key to long-term success in the markets and the most effective way to learn is a hands on approach direct from a seasoned option trading professional. Rob has designed this to truly accelerate your abilities to find, execute, and manage trades in the same way he does.
What is included:
- 2-day 1 on 1 mentorship.
- 1 year subscription to our AxiomAlerts..
- 1 year access to the WebSeries and recordings..
- Attendance to 1 OptionAxiom Summit.
- 1 year email & chat support.
What you will learn:
- The strategies and techniques OptionAxiom utilizes.
- How to scan and filter for the top candidates.
- Detailed analysis for changing markets.
- Practical applicaiton and monitoring of positions.
1 on 1 Mentorship
$14,995.00
Mentorship1
(quoted from his website)
Live 1 on 1 Mentorship
This 2-day live Mentorship is for the serious minded individual dedicated to becoming a successful trader. Experience is the key to long-term success in the markets and the most effective way to learn is a hands on approach direct from a seasoned option trading professional. Rob has designed this to truly accelerate your abilities to find, execute, and manage trades in the same way he does.
What is included:
- 2-day 1 on 1 mentorship.
- 1 year subscription to our AxiomAlerts..
- 1 year access to the WebSeries and recordings..
- Attendance to 1 OptionAxiom Summit.
- 1 year email & chat support.
What you will learn:
- The strategies and techniques OptionAxiom utilizes.
- How to scan and filter for the top candidates.
- Detailed analysis for changing markets.
- Practical applicaiton and monitoring of positions.
1 on 1 Mentorship
$14,995.00
Mentorship1
Windlesham1
Established member
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I'll do the above and guarantee a trading profit so long as someone else buys the beers-my price? Zero-just donate 10% of your profits as a gift
