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Credit spreads: Anyone know of Wealthpire? Manny Bacus?
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Credit spreads: Anyone know of Wealthpire? Manny Bacus?

  #1 (permalink)
Trading Apprentice
Portland OR/ Multnomah
 
Futures Experience: Beginner
Platform: TradeStation, Thinkorswim
Favorite Futures: ES
 
Posts: 13 since Feb 2015
Thanks: 2 given, 1 received

Credit spreads: Anyone know of Wealthpire? Manny Bacus?

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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  #2 (permalink)
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  #3 (permalink)
Trading Apprentice
Portland OR/ Multnomah
 
Futures Experience: Beginner
Platform: TradeStation, Thinkorswim
Favorite Futures: ES
 
Posts: 13 since Feb 2015
Thanks: 2 given, 1 received

FYI: Based on this ... Manny Bacus looks like its a scam ...


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...d=8030288461280173980046

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  #4 (permalink)
Elite Member
woodstock, ga
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: Futures, TF, CL
 
jwhtrades's Avatar
 
Posts: 156 since Feb 2011
Thanks: 543 given, 76 received

One of the all time scammers

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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  #5 (permalink)
Elite Member
Orlando, Florida USA
 
Futures Experience: Master
Platform: Think or Swim [How utterly appropriate]
Favorite Futures: es, eur/usd
 
Posts: 18 since May 2012
Thanks: 4 given, 10 received

Bullzeye;490398|Manny Bacus inquiry


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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