Trial Parameters
Name: Trade with Insight Elite Options Pro
Website: elite.tradewithinsight.com
Length of subscription: 1 month
Market during subscription: Bullish grinding upwards
Type of service: Elite Options Pro
Price: $169 per month
Trial Review
Style
This is a fast-moving day-trading service, trades do get kept for short swings in terms of days but are often called intraday-day. There is limited info on setups, charts posted with basic levels but this is a more active watch-list vs a daily trade setup watch-list.
The service is much more suited to active-day traders who are able to watch and monitor the market all day. Our primary expectation of service is to allow us to not spend all day watching charts and chats. Our preferred offering is setups provided the night before or pre-market with entry, triggers and stops. This does not happen in this service.
Most trades happen a couple of hours after the market opens, so around 11 am and then are actively trimmed and managed throughout. You will notice in the real-world results section, there is no data, as we did not manage to take a single trade during the month. As covered multiple times we focus trading either day-before or pre-market, and the last hour of trading to adjust. This is because we mainly cater for people with day-jobs. Honestly, full-time traders should not need an alert service. So for us, this service was not effective for people who can't spend all day actively participating in the market.
Strategy
This service gives little away on outlining a trading strategy, it appears to be based on a custom level to level trading strategy. Charts are posted with many levels, as price breaks one level, trades are opened and trimmed or profits are taken on the next level.
Data, insight and innovation
None identified, charts are using TrendSpider.
Management
The service is professionally managed with a solid onboarding program, central management panel that shows subscription and billing info.
Price
Price is on the higher end on most services at $169 a month.
Real Life Performance
Unable to verify as we did not take a trade during the month due to the trade call timing. Trades also move fast due to the trading style and predominately weekly nature of the options. So by the time we got online to execute trades, they had all moved way past the entry. However, we will say that many trades did appear to be profitable. If you managed to get and out with similar fills which is often a challenge with fast-moving calls, and level breakout trades. If you join this service, ensure you control emotions and do not chase.
Education
There is a limited education section within the admin panel. With the daily setups, there are levels outlined on the charts & this could be seen as educational, in terms of how to create levels and how to trade between levels. However, the service has limited information and training on a specific trading strategy, this is more of an alert service.
Support
We didn’t use any support but the service operators do appear to respond to questions through Twitter.
Risk Management
Limited process-driven risk management, in terms of providing setups with entry and stops, and how to actively manage to stops within trades. Risk management appears to more be based on position sizing with the options trades. So if using this service ensure you understand position sizing and watch how many simultaneous trades you have open.
Summary
Not our kind of service, however, could be a good option for newbies who can be active in the market all day and are looking for a hold-my-hand service that can build their accounts without too much emphasis on developing their own robust trading strategy.
Disclaimer:
Our reviews are based purely on our own opinions and experience during the trial period, they are not an endorsement or critique of any particular service no matter how positive or negative our review, it is all only our personal experience. None of the reviews are trading advice or a recommendation to join or purchase any product. Trading is very subjective, based on personal styles, preferences, and lifestyles. As such the experience we have may not be your experience. In addition, the market is highly dynamic, reviews are strongly affected by the market condition and movement at the time of the trial, the results we got might be completely different at a different point in time. Last, trading is a very endeavor for all traders no matter how good have ups and downs, it is part of trading, therefore we cannot rule out that any particular review was conducted during a down patch, or at a time when the market was unsuited to that strategy. In short, much like trading, consider this only one part of a larger puzzle, do your own research, and make your own informed decisions.
Trade with Insight Elite Options Pro
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Education - 44%44%
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Strategy - 48%48%
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Insights - 51%51%
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Suport - 60%60%
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Vaue - 47%47%
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Profitability - 58%58%
Summary
Not our kind of service, however, could be a good option for newbies who can be active in the market all day and are looking for a hold-my-hand service that can build their accounts without too much emphasis on developing their own robust trading strategy.
They don't teach, treat newcomers like a nuisance. They are quick to delete comments and moderate chat. Only broadcast their wins, and silence those who are hurting from following their alerts. Their 'educational' documents have nothing of value, just feel good statements and basic sentiments on trading. No real direction on ordering styles or even how to utilize their levels safely. Don't give your money away, this service is not all its cracked up to be.
Two kids who run a fake trading company. Notice that their Twitter and Slack accounts have 3800 followers, but there are never 100 likes on a Tweet or even 100 active people in their Slack Pro Chat. The Sunday Conference Calls sound like they're hosted by a 16-year-old kid who in his own words, "doesn't use any technical indicators". He simply finds fake support and resistance levels and gambles with the $170/month his ~100 subscribers pay him. Pathetic excuse of a "business"
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