Karl Domm here with the Real P&L Channel. This video is the 15 Hidden Secrets Behind the Paywall: David Jaffee’s Beststockstrategy’s alerts system.
Now, we went behind the paywall of David Jaffee’s alert system and followed his trades. And I’m going to go over the 15 secrets that I found and I use my 27 years of online options trading experience to expose trading systems, and my over 30 years in business to expose business models. Now Jaffee’s Beststockstrategy alert pricing is $19 a month for the first 7 days and then it rises to $349 a month.
So let’s get into this.
#1: Jaffee sells option premium which does take advantage of the options trader’s edge Which is the difference between implied volatility and actual volatility.
#2: He actually trades in a real account and gets real results right beside his students. In a side note, he also does not trade every day.
#3: You can follow his trades without being in a big hurry, because he trades very liquid options on well-known big-name stocks. And this is in contrast to day traders where you need to be able to follow them within a second or two.
#4: He’s recently lowered his risk. He’s developed a system that trades a combination of naked options with spreads depending on the current volatility in the market.
#5: David wins on over 90% of his trades without challenge. Then on the remaining 10%, he
adjusts to look for profit or sometimes break even.
#6: When following his alert service or any alert service that’s not day trading, I can be patient when entering the trade and maybe I can get a better fill; or at least I feel very close to the instructor. But when exiting I need to get out. And get the best price I can regardless of what the instructor got.
#7: Depending on your account size, you may or may not be able to follow all of David’s trades.
#8: Some of David’s adjustments actually add risk to the position.
#9: When quitting the alert service, the type that David has, the ones that hold positions over time, you may need to stay a little bit longer because you might have an open position where you’re waiting for that final alert to tell you to close it.
#10: I made 4% following David’s trades in a two-week period. Now, that is a very good return. It’s over 96% annualized. And I need to say that this is higher than his goal of around 3% a month, and I believe he’s become less aggressive since the time that I was following his trades.
#11: Jaffee has three free training videos. Video 1 goes over sizing, trade execution, and timing. Video 2, David shares his P&L over a one year period. Which gives him extreme credibility. And video 3, went over an important concept that David employs which is using market leaders in his strategy.
#12: David has slowly evolved his trading system to mitigate risk against the worst case scenario.
#13: David can handle a trade gone bad. Like for example, Tesla that went against him when he was short a call and it went up $50 in just 10 days. He implemented Plan A then Plan B then Plan C moving the trade into a higher probability situation. And you can see a link in the description on a video that I created on how he handles a good trade gone bad.
#14: I can email David and he responds with honesty and not as a salesman. He truly wants the best for his students.
#15: David shares his P&L. Which is the highest level of credibility. Now, usually my reviews are negative but this one is one of those rare alert services that I recommend. And if you’re interested in the service I left a link in the description below.