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Dale Brethauer - weekly options ?


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  #1 (permalink)
 Volt 
Whitehall, NY
 
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anyone familiar with him out of the tradewins family ? He's promoting the WOLF method and promising to make lots of cash with weekly strangles.... if not is there any reputable weekly options training that you have had good results with ? so many scams out there it seems ! Everyone is jumping on the bandwagon

thanks


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  #3 (permalink)
 NGtrader 
Burnaby, BC Canada
 
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Hi Volt,

Did you ever try him? I'm checking out his website now. I've been searching for reviews and ran across this thread.

Right now I'm learning stuff from Weekly Options Academy, reasonable price but it's taking me awhile to wrap my head around this stuff. These guys have a few strategies but one of them does involves weekly options as well. They rarely get assigned, sometimes they do have to roll options. They are transparent though, just wish their calls were more timely.


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  #4 (permalink)
 Volt 
Whitehall, NY
 
Experience: Advanced
Platform: TOS, Market Delta
Broker: Infinity, TOS, IB
Trading: es
Posts: 277 since Aug 2012
Thanks Given: 125
Thanks Received: 395

Yes, I had a trial and cancelled. Just wasn't my thing and got the feeling he really wasn't making too much money trading. It seems that too many vendors hoped on the Weekly options bandwagon to make money selling courses and he was one of them. Nice enough guy but don't think he traded very well. In general I'd be careful of anyone associated with Tradewins publishing which is where I stumbled upon him.


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  #5 (permalink)
 NGtrader 
Burnaby, BC Canada
 
Experience: Advanced
Platform: Ninjatrader
Broker: Ironbeam, Kinetick
Trading: ES, CL
Posts: 237 since Apr 2014
Thanks Given: 760
Thanks Received: 206

Thanks for the reply. I found his name under a few different services, so that sent up red flags for me. Also found him marketing his stuff on Google Plus, another bad sign.

Also the ones I follow, while they have trades every week, they caution against using weekly options. It's been tried and doesn't work for income trades.


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