Trading Options Live Review: The Leonardo Scam
Welcome to the Trading Options Live review.
What exactly is tradingoptionslive.com and what does Leonardo do?
He sells various flavors of get-rich-quick trading seminars. The owner of Trading Options Live is even offering a “free” live trading seminar on how to tur 3K to 59K in just 3 days using 3 trades.
Furthermore, Leonardo of Trading Options Live also claims he is giving away the secret he used to turn 12K into 466K in just 7 hours.
You see, every snake oil salesman knows he must peddle various get-rich-quick flavors of snake oil to sooth the financial cravings of a thirsty audience.
And for sure, Leonardo of Trading Options Live has found a big crowd of desperate and financially illiterate folks.
Leonardo is only too happy to peddle what this crowd “badly needs”.
In fact, Trading Options Live is a Walmart of options trading investment snake oil just like Base Camp Trading or Live Traders.
There’s a seminar for everything. There’s a seminar for trading stocks, options, foreign exchange, Bitcoin, Commodities etc.
Trading Options Live offers the following list of get-rich-quick investment courses:
- 13 Market Moves Daily Analysis…………$2,584/month
- 13 MM Formula………………… $4,000 (N/A prices will be “raised” and bonus “removed” by end of today)
- Charts Divergence & Patterns Recognition Course………….$1,597
- High Rollers Trading Club (exclusive to 10 members)…….. $9997 monthly
- 233 Trading Secrets…………………$597
- Trade Like A Rockstar…………………..$4,000
- The Winning Watch List………………….$300
- Mega Course Bundle (233 Trading Secrets + 13 Market Moves Formula + Charts Divergence + Trade Like A Rockstar………………..$7,752
Leonardo of Trading Options Live also runs live trader TV?
What is Live Trader TV? It’s a bunch of video series where Leonardo shows his students how to trade on a simulator.
Of course Leonardo also thinks his financially illiterate students love €rotic stuff. So these videos are a special mix of half-clad girls with a bit of trading on a simulator.
Trading Options Live review
The most popular and expensive snake oil flavor is the High Rollers Trading Club. Only 10 people are welcomed but 8 spots have already been filled.
To lick the snake oil, Leonardo of Trading Options Live wants students to “qualify” in 3 steps.
The first step involves thorough screening to “ensure success of each exclusive member”.
The truth is that students are going to fill and submit a very intrusive questionnaire.
The questions are about whether or not students can afford to folk out $9997 per month. Leonardo is of course an A-class salesman.
So once he gauges the students’ ability to pay, he will paint a very good picture of how it’s like to be an exclusive member of High Rollers Trading club.
And of course Leonardo doesn’t mention anything to do with losses in trading.
All your money problems will be gone for a second. Just boot up your computer, load the charts and start minting millions of dollars in your underwear.
Leonardo’s magical trading secrets which he showed you can turn 12K into 466K in just 7 hours. This must be the best kept secret in the world.
13 Market Moves Formula and daily analysis review
Of course joining the High Rollers trading club requires students to complete prerequisite courses.
You must complete all the courses listed above.
Now, just do the math and figure out what you must spend on all of the get-rich-quick trading videos offered by this trading school.
It’s probably in the zone of $20,000+.
13 Market Moves Daily analysis is a dream come true trading formula. Leonardo teaches how to systematically apply 13 market moves to earn X amount of money in Y hours.
You want top 3 market observations that nobody ever talks about? No problem, Leonardo of Trading Options Live has them.
Do you need a detailed explanation of the strategy, time frame, entry and exit so you can make Leonardo’s 12K into 466K in just 7 hours?
No problem, 13 MM formula and daily analysis sessions are ideal for learning this secret.
He even teaches big money flow, institutional behavior, how to calculate the next big move and so much more.
Wow, Leonardo must be a financial genius.
If you have any money left in your credit card, you can continue purchasing more of this Trading Options Live nonsense.
After all, who wouldn’t be happy learning the secrets of “investing” in the options market from a “senior investment strategist” like Leonardo?
I don’t know about you guys but if for sure I had a secret code for trading the stock and options market where I have no problem turning 12K into 466K in just 7 hours, I wouldn’t be selling it for a few thousand dollars.
I would probably price it at billions of dollars and probably sell it to the financial institutions because clearly the average Tom, Dick and Harry wouldn’t afford it.
The screenshot below is a perfect demonstration of how unrealistic Trading Options Live can be.
Trading Options Live review: who is Leonardo?
He is a self-promoter who has mastered the art of painting himself with the colors of an investment expert.
The website tradingoptionslive.com is full of investment advice. The number of live seminars peddled there is the size of the great pyramids of Egypt.
Trading Options Live has many independent landing pages where Leonardo spends hours polishing and announcing his grandeur and omnipotence.
He runs a twitter page which hardly gets updated with new content.
Trading Options Live is also in charge of a couple of YouTube channels, one of them being the 13 Market Moves channel (11.5K subscribers).
The main sales page of TradingOptionsLive.com contains a bunch of promotional mumbo jumbo videos. Leonardo spends countless hours declaring how he made 100% winning trades in a few hours.
In fact, he declares winners after winners but mentions zero losses.
All of this is done on a trading simulator. Most of these videos also contain nothing but just talking and declarations.
What Leonardo does not have is a track record of successful trading over the years.
On the other hand, he is a master in marketing on the internet. The financially illiterate tend to believe him because he is an A class marketer.
He will never produce his broker statement showing the live trades he took and the 100% winning trades he made.
This is typical of a fake trading guru or a charlatan.
Conclusion
I’m sure TradingOptionsLive.com has a battalion of fans out there. I’m sure they’ve spent thousands of dollars on this snake oil nonsense.
They’re the kind of people who will leave comments expressing their anger over this Trading Options Live review.
However, the bottom line must be the bottom line.
Leonardo, the purported god of options trading does not have a financial record which validates his profit allegations.
He is the kind of “trading guru” that will refuse any request suggesting that financial records are needed to prove the trading prowess.
The owner of TradingOptionsLive is a huckster. You cannot be too stupid to believe his claims.
Thanks for reading the Trading Options Live review.
Jeff Buchanan
Did you buy the course? Or are you just assuming that it’s fake because it looks too good to be true? I’m not sure why you would write an entire overzealous article about a program you don’t have first hand experience with. I’m looking for genuine reviews and this just looks like a rant by a guy who probably bought “snake oil” before and has now taken it upon himself to criticize anything online that looks too good to be true. Not saying 13 Market Moves isn’t, but if you haven’t actually bought it please don’t mislead people looking for a credible review.
thetruthspeaks
I would say you have the right to make a review of the 13 Market Moves. I don’t think you understand the markets, financial instruments, institutional behavior, and probabilities. I haven’t purchased Leonardo’s program. Nor do I have to because he provides free video practically on a daily basis. His information is on point. You ask why isn’t he selling his market moves for billions? And your theory of why isn’t a good one. Of course there will be losses. But the point is playing they probabilities in your favor. I can tell you what his videos and a number of videos that I’ve seen on options trading has done for me. I’ve turned $16k into $129k in just 7 hours. How do you like them apples???? I’ve had 3 negative days. But that’s ok…. Because the probabilities should be in favor of I play it right…
Kayla
Suck our millionaire dicks!
Breck Fast
Hi guys I wanted to post a quick video of some trades that I made using the 13 Market Moves System. To be clear, I have not purchased any of the courses. I spent a little time and paid close attention to the instruction in the daily videos and trading videos. Then I used ThinkorSwim’s OnDemand go watch the trades live myself. Doing this i was able to verify the Leo’s claims. Noting the conditions on these days and seeking to find patterns I then began to use the principles myself. My option trading career started in 2019, and I show in the video, I still have much to learn, but I can tell you returns of 100% to 500% are not uncommon, with my best single day trades at 3400% on January 24, 2020. This video is a review of my trades from 2/7/2020.
https://youtu.be/iA4e8kAtMn0 https://uploads.disquscdn.com/images/6b30d869cd634b3cbd5195a44ef9fc5b0013ea32fa21f4a85674a8ac3549c4b5.jpg
Clarence Oliver
This is funny. If you watched his videos you probably would know just how bad of a trader he is. His success comes from when he’s right, he gets a huge amount of money that looks flashy. One month, 12 of his 13 calls all failed. He goes all in when he thinks he’s right and he’ll do it on Weekly options and a lot of time on Friday when he thinks there’s going to be huge moves in things like Amazon, which can get mispriced.
He one time bought puts on Amazon on Friday $40 below the current price for .70 cents, The market dropped 52 dollars. He had a 2K account, so he bough nearly 30 calls. The options become 12 dollars and he turned a 2K account into 36K in one day. But, the question is, how many times does he go all in and it fails. He makes a lot of wrong calls. He never shows himself failing.
There’s plenty of stuff that you can really criticize him on.
But his 13 Market Move is a very unique way to look at the market that I’ve found very happy across the board, it was something new, interesting, and unique that I hadn’t seen before, and it works effectively as a way of observing the market and trading it. I’ve been trading for a decade profitably and take all people with a grain of salt. But, though he’s got crazy videos and the such, and he’s very self-promotional.
He makes his calls publicly and freely and people can judge his hits and misses for themselves.
Joshua David Stout
I have not purchased any of Leo’s courses but I can say a lot of his predictions in the way he looks at the charts historically is pretty amazing.Everyone knows history repeats itslef in the charts time and time again. If you take his latest predictions about the crash right when Tesla was hitting all time highs was pretty on point. Now it might not happen all the time specifically at that exact minute but it happens. I think you should give Leo a little more credit where credit is due.No I have never seen any of his losses but I have seen the amazing way he trades on a Friday and I also have seen his alerts he gives out to his members and all I can say is wow.
Juan Carlos
I have NOT purchased Leo’s trading 13MM formula, however I am a huge consumer of his videos about the market and the predictions he mades to his pay members. Just think for one second, he has no need to show anyone his winning or losing trades. I really appreciate his videos and the free classes and pointers he shared- It’s great information. I am using 50% of his trading tactics and the other 50% comes from me. I have found success wayyyy mooooore than what I had before. I think his courses prices are too high for me, but is his choice, his business and his personal decision what to charge for his courses. My advice be grateful for what you can get for FREEEEE. He is NOT braking your arm, nor he is not obligating you to get his trading materials.. I can tell you my account has seem huge advances since I have been seem his trading sessions. Be smart study and try to improve your own trading skills. NO ONE can predict the market all the time- even the stupid indicators can do it, how you can spect for him to be accurate 100% of the time- GET REAL BRO!!! BTW I LOVE THE GIRLS AND HIS VIDEOS.
John Newland
I have not purchased this guys course either, as I already trade a similar strategy profitably. I have to say, this article has it wrong about a “simulator”. If you are a thinkorswim user, you’d know the videos and trades he makes are real, because paper trading is a different color in TOS. And you can use the thinkorswim platform as a ‘simulator’ unless you’re using ThinkBack, which is also a different color and indicates in the upper right corner. So, he’s making some very profitable trades with solid methodology in live accounts, and shares his screen, kind of hard to discredit that.
Obviously, if you put on trades with 100 contracts you can have days of $50k in profit, sizing is key here.
Jack wang
A scammer, he traded with me last week, on Monday my account was at size of 11k, but 5 days later, only $40 left, he completely blow up my account with so many crazy trades all failed miserably.