Momentum OptionsReviews of momentum-options.com

Response from Momentum OptionsSep 19, 2024

Thank you for your feedback. We're sorry our service didn’t meet your expectations, but we want to clarify that the individual leaving this review has never been a customer. The claims made do not reflect the true experience of our users. Our service is built on transparency and reliability, providing our customers with the data and tools needed to trade profitably. It seems there were some misunderstandings, and we’d like to clarify several key points to present a complete and accurate picture of our offering: Win Rate vs. ROI: While you raised concerns about our focus on win rate versus ROI, we actually provide both metrics in our SwingTrader Win Report. Since January 2020, our system has averaged over 2% gains across 419 trades with an 89% win rate. We trade options with a 0.40 delta on stocks averaging $300 per share, meaning a 2% stock move results in a $6 per share move—equating to about $240 in profit per contract. With options costing around $300-$400, that translates to an average 60% gain per trade. In some cases, trades have returned 300%, 1000%, or more, especially for traders holding positions until the final target. For larger accounts, traders can benefit from scaling out of positions in increments (e.g., 10, 5, 3, 2, 1 contracts), progressively locking in profits as targets are hit. Impact on Smaller Accounts: Results vary depending on account size. For example, with a $5,000 account and our recommended 5% risk rule, you may trade 1 contract per trade ($250). In this case, you’d lock in profits at the first target rather than progressively scaling out. Even with conservative 20% returns at the first target: 89 wins at $250 * 20% = $4,450 gained 11 losses at 100% = $2,750 lost While 100% losses are uncommon due to system stops, even assuming the worst case, the trader would still see a $1,700 profit—representing 34% account growth. This shows that even smaller accounts can achieve meaningful returns. Trade Management and Profit Targets: We teach traders to lock in profits as targets are hit. Once a target is reached, traders following our rules capture their gains. Our win report illustrates the likelihood of trades reaching targets, ensuring consistency for traders who follow the system. Transparency and Trade Logs: Our SwingTrader Win Report includes full transparency on both win rates and ROI. This report, which was shared during your call, covers over 400 trades and provides a clear breakdown of performance over time. We’re fully committed to transparency in our performance data. Money-Back Guarantee and Free Trial: Regarding the absence of a free trial, we do offer a money-back guarantee specifically for our Swing Trader system. To qualify, users must follow our recommendations, including trading the suggested stocks, entering trades according to the rules, and locking in profits at targets. The system is designed for consistency when these steps are followed. We don’t offer a free trial to protect the intellectual property embedded in our tools. Once users access the system, they receive our proprietary signals and strategies. A free trial could expose this IP, which is why we rely on our money-back guarantee to protect both the system and users. Conclusion: Our system is designed to deliver consistent, reliable results. While we regret that our service didn’t meet your expectations, we stand by the integrity and quality of our product. If you’d like to discuss this further or clarify any points, our support team is here to assist.

Response from Momentum OptionsFeb 2, 2022

Thank you for sharing your feedback, and I’m sorry the system didn’t work for you. I'd like to clarify some points raised in your review. Firstly, regarding the repainting claim: our system does not repaint signals after a candle has closed. What you experienced was a result of reacting to unconfirmed signals during volatile market conditions, where price movements rapidly change before a candle closes, a key reason why it's critical to wait for confirmation. Additionally, our system is not designed to predict immediate price movements but rather to provide consistent signals over time. Two days of usage, especially in highly volatile conditions, is insufficient to gauge the effectiveness of a trading strategy. Most successful traders using our system benefit from applying the full strategy over a longer period, as outlined in the training materials. It's worth noting that although you did not follow the advice provided or go through the necessary training, we still took the time to address your concerns and created specific materials to help. Unfortunately, due to inappropriate language and behavior, we had to discontinue our business relationship. Regarding the termination of service, we discontinued future payments, and your access to the system was revoked. However, your initial payment covered the period when you had access to the system and resources. I appreciate your feedback, but it’s important to use trading systems over a longer period to understand their full potential. If you have any further questions, our support team remains available to help.