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Credit spreads: Anyone know of Wealthpire? Manny Bacus?


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Credit spreads: Anyone know of Wealthpire? Manny Bacus?

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  #1 (permalink)
Bullzeye
Portland OR/ Multnomah
 
 
Posts: 13 since Feb 2015
Thanks: 2 given, 1 received

I did a search of the site and nothing came up on this guy. Says he's been around for 10 + yrs. I'm looking to study credit spreads. I clicked a link related to weekly options and this guy Manny Bacus/ Wealthpire came up. He could have picked a better name for the business ...but some of his data points were noteworthy. Says his strategy of selling covered options with stops in place is a good way to trade because 80% of options expire worthless. His capture page leads to long winded funnel page ...leading to a 30 day free trial instructional CD ... 3 Wednesday picks with his logic for the picks (recommends paper trading his picks) ... / coaching/ strategy... about 200.00 a month if not cancelled within 30 days... Anyone familiar? Recommendations? Feedback?

I saw that there is credit spread info here in this site I will be plowing through that as well.

Thnx, B

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  #3 (permalink)
Bullzeye
Portland OR/ Multnomah
 
 
Posts: 13 since Feb 2015
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Reviews of Day Trading Strategy Club from Manny Backus at Investimonials


The site is run by Manny Backus, who was already shut down once by SEC -

https://www.secure.psc.state.pa.us/releases/Members/index.cfm?page=ReleaseDetail&id=725&ReleaseType=&ReleaseDate=&ReleaseYear=&Desc=&Rescind=&CFID=534856&CFTOKEN=782a52f2b7beca0c-1050B98E-2B3A-77E0-826B7D5A848774B9&jsessionid=8030288461280173980046

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 jwhtrades 
woodstock, ga
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: Futures, TF, CL
 
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This guy is like a fungus. He is one of the all time scammers in the trading business. To be avoided at all costs. Someone sent me a link to his site and without signing up for any of his crap, I continue to get his scam, even after reporting him for scamming.

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 Spikeygirl 
Orlando, Florida USA
 
Experience: Master
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Trading: es, eur/usd
 
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Bullzeye View Post
I did a search of the site and nothing came up on this guy. Says he's been around for 10 + yrs. I'm looking to study credit spreads. I clicked a link related to weekly options and this guy Manny Bacus/ Wealthpire came up. He could have picked a better name for the business ...but some of his data points were noteworthy. Says his strategy of selling covered options with stops in place is a good way to trade because 80% of options expire worthless. His capture page leads to long winded funnel page ...leading to a 30 day free trial instructional CD ... 3 Wednesday picks with his logic for the picks (recommends paper trading his picks) ... / coaching/ strategy... about 200.00 a month if not cancelled within 30 days... Anyone familiar? Recommendations? Feedback?

I saw that there is credit spread info here in this site I will be plowing through that as well.

Thnx, B

HEY BULLZEYE:

IF YOU WISH TO LEARN ABOUT CREDIT SPREADS THEN YOU MAY WISH TO CHECK OUT THE CBOE. THEY HAVE FEW COURSES CONCERNING STRATEGIES IN THE ::: STRATEGIES >> OPTIONS STRATEGIES ... SECTION.

FROM GETTING STARTED ALL THE WAY TO THE ADVANCED LEVEL AND A FEW ADDITIONAL TID BITS [LEAPS, PRODUCT SPECIFIC] AS WELL AS AN ARCHIVE AND EDUCATIONAL VIDEOS DEMONSTRATING THE STRATEGIES.

WHY SPEND YOUR HARD EARNED CASH ON SOMEONE WHO IS PUMPING A PRODUCT, WITH NO PROOF OF CONCEPT WHEN YOU CAN SAVE YOUR CASH AND LEARN TO DO IT FOR FREE?

ALL THE BEST.
SPIKEYGIRL:
lalala:

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