Option Profit Accelerator Review – Sneaky Marketing Or Worth Your Time?
Will you really be able to “double or triple your account in one week” with what you learn with Option Profit Accelerator?
Is this really as great as it is said to be?
Is it a scam?
In this review of Option Profit Accelerator I’ll be going over quite a few things you should know beforehand.
I’ll be talking about what is in the book, the misleading marketing around it, upsells and more.
But first let’s talk a bit about why you would want to trade options in the first place…
Well, there are a lot of good reasons you might want to trade options versus trading stocks.
For one, trading options usually doesn’t require as much money to get started.
You can trade with smaller amounts and still have big profit potential.
With options you can use leverage to get big returns without investing so much capital.
This can be more risky, but if you have a good strategy and know what you are doing it can pay off handsomely.
You also have more ability to customize your trading strategies more with options as opposed to stocks, such as by choosing trade duration, using directional strategies vs non-directions, and so on.
The Downside: Well, as you probably already know, trading options can be a risky game, and generally speaking it is much riskier than trading stocks.
This is where Option Profit Accelerator comes in… so that you can learn from a professional and hopefully profit with a good strategy that will mitigate the risk.
If you are working from 9 to 5 and you’re afraid of not being able to pay the bills, surely the word “risk” doesn’t sound funny, right?
It wouldn’t to me either.
And that’s why I decided a long time ago that lead generation was better than anything else they offered me.
If it’s my number 1 recommendation, it’s because it doesn’t require large investments or headaches. And yet it can make you earn more money than ANY other way.
Well, let’s see first what Option Profit Accelerator is about.
What Is Option Profit Accelerator?
Option Profit Accelerator is a free ebook by Jeff Bishop that teaches people his strategy on trading options, which he has been very successful with himself.
The book is written so that even beginners with no experience can follow along and is based on the same exact system Jeff himself has used to make millions of dollars.
This is great because, as we know, trading options is a risky game if you don’t know what you are doing.
Learning from a professional with experience can be priceless.
As far as marketing goes, Option Profit Accelerator is marketed in extreme ways and comes across as very salesy, which is probably the reason you decided to do a little extra research and came across my review now.
Overall the ebook itself does provide a lot of valuable information and, since it’s free, it can be worth the download… however a lot of people don’t really know what they are getting themselves into.
The ebook is quite large, 51 pages to be exact, and covers a lot of material.
From the promotions I was already aware that it covered things like…
- Hedging and how you can “lock in” wins so that you don’t end up losing profits
- How small moves in the risky options market can produce unmeasurable success
- Jeff’s “inside secret” for finding options with large profit potential
… but we aren’t really given much info other than that.
To sum it all up…
There is a lot of information here that may seem basic and which you already know if you have the experience, but I’m glad Jeff included it so that anyone can read this book without being lost.
Topics that are covered include:
- Using stop losses
- How to time entries and scale into positions
- Knowing current market conditions
- Knowing when to go in big
- Risk management
- Not following the crowd
- Recognizing and understanding trends
- Different ways to trade options
He provides a good amount of charts to explain his strategy so that you know what to look for and how to identify a chart that has potential.
Who Is Jeff Bishop?
I probably should have written this section before the last, but better late than never.
Jeff Bishop is a veteran stock trader that has moved more away from his own trading into the realm of teaching others how to trade like him.
He has over 20 years of experience trading and has made millions from it.
Jeff, and pretty much all good professional traders, don’t follow the masses when it comes to getting into and out of trades.
He is what he calls a “contrarian”, which is good because the market is always being overvalued in a bull market and later undervalued in a bear market due to too many people buying in and selling based on trends.
So, I mentioned a couple of times that this free ebook is mostly a way to lure in new customers.
This is a business for Jeff and he makes a heck of a lot of money selling his thousand dollar + services to people.
The free ebook is a way to collect leads in the beginning.
However, I am overall impressed with the content of the ebook.
You are not bombarded with promotions and marketing tactics.
It provides genuine value and without a doubt is worth the free download if you want a look into the mind of a professional trader so that you can see and learn from someone who has decades of experience.
That said, you will get quite a lot of emails from him.
Since downloading the ebook I’ve been receiving emails daily, sometimes multiple emails per day.
So just be aware of this.
Most of the emails are, in one way or another, a way to get you to join his Weekly Money Multiplier program, along with some being for his partner’s subscription service called Jason Bond Picks.
I’m not going to go into much detail on this because it is not the point of this review, but since this is the main product being pushed on people who download the ebook, I’ll touch on it briefly.
The Weekly Money Multiplier is Jeff’s subscription service that allows people to follow along with current recommendations so that you can essentially trade like a pro by copying his trades.
Subscribers get access to:
- Live Portfolio – You will get access to live streams as Jeff makes trades
- Trade Alerts – He alerts subscribers when he buys or sells, as it happens
- Video Lessons – Subscribers also get access to a library of video lessons on basic and advanced trading strategies so that they can become better traders themselves, rather than just copying all of his trades.
- And more…
The cost of this is $1,497.
Of course, you are told that this is with a discount of nearly $6k, but this is likely just a sneaky little marketing tactic.
I don’t think you have to spend so much to get rich.
It only cost me $ 0 to reach my 7-figure monthly salary.
Lead generation, my friend. It has no competition.
That said, it’s hard to put a price tag on trading services like this.
Whether or not it is worth the money is a hard question to answer.
This is pretty much completely dependent on how much money you make by following Jeff’s advice, and the results can vary greatly depending on how much starting capital you have.
Option Profit Accelerator Pros and Cons
- Good advice from someone with decades of experience
- Packed with information
- Beneficial for beginners and people with trading experience
- Somewhat misleading promotions
- Upsells for expensive trading services (daily emails from Jeff)
- Risk involved even when following Jeff’s advice, as there always is when it comes to trading
Is Option Profit Accelerator a Scam?
This section probably isn’t needed, but there are some people calling this a scam so I want to make it clear that Option Profit Accelerator is NOT a scam.
Honestly, I was expecting it to be more ‘scammy’ and was pleasantly surprised by what is provided.
I was thinking it would be more of a salesy ebook but instead found it to provide a lot of good information and value, with very little selling going on.
It is the follow-up emails that you will get which will be doing the selling, as mentioned.
Conclusion & Final Thoughts
Ok, so let’s do a quick recap to put this all together.
Options Profit Accelerator is a free ebook by Jeff Bishop that gives you a look into how he trades options and his strategy that has made him millions.
The ebook is free, but in order to download it you will have to provide your email address, which Jeff and his team will use to contact you regularly to push you to subscribe to Weekly Money Multiplier and other services offered.
Do I think it’s worth downloading?
I would say yes.
You might not agree with his strategy and if not that is fine.
You can walk away with no money lost.
Just use an email address you don’t really care about if you don’t want to be bothered by all the promotions he will send you.
But you can also invest your time in something much more productive.
Something that I also guarantee is profitable.
At least if what you want is to generate money from home.
Lead generation is the top online business model if you aspire to live a dream life, work from home, the beach or Thailand.
Earning lots of money.
You want to know more?
Ok, then jump straight into it!