Weekly Money Multiplier Review 2019
The name of this service sounds promising. But is it that easy to multiply your money by just following Nathan Bear and Jeff Bishop?
Is it possible to mirror their trades and what exactly do they trade?
I will reveal any important detail in this Weekly Money Multiplier Review.
During the last several weeks I audited the Raging Bull services Jason Bond Picks and the Millionaire Roadmap.
Now it's time to take a closer look at Raging Bulls Weekly Money Multiplier service (special offer included). Let's go!
What is the Weekly Money Multiplier?
The Weekly Money Multiplier is a real-time trading alert- and trading education service. Nathan Bear and Jeff Bishop are the head traders in the WMM team.
They share their trading account with their users to be completely transparent about the current existing positions in their portfolio.
Nathan and Jeff mainly trade stock options by using conservative options trading strategies to archive their goals. However, conservative does not mean that the performance is as low as typical conservative investments. Not at all!
In fact, the Weekly Money Multiplier is the best Raging Bull options trading service I have reviewed so far.
It immediately made it to the #1 recommendation for options traders, swing traders, and beginners on my best trading course article.
Continue reading the Weekly Money Multiplier review to learn more about the main benefits and also about the most significant disadvantages.
Transparency: When you buy certain products from some of the sites which we link to, we may earn a small share of the revenue.
Weekly Money Multiplier Costs
So, how much is the Weekly Money Multiplier? Well, usually the real-time options trading service is being sold for $2,999/year with a minimum contract duration of one year.
One year is a long time, and I always hesitate when it comes to a minimum contract duration of one year. Sometimes I can provide better deals, but it does not always work.
For example, I was not able yet to negotiate a short contract duration deal for the Millionaire Roadmap.
For the Millionaire Roadmap, I can only offer a discounted group rate and guaranteed approval of your application to join.
Anyway, I can provide a great quarterly deal for Jason Bond Picks and now also for the Weekly Money Multiplier subscription.
Instead of paying $2,999 upfront for one full year, I can offer you a quarterly subscription to the Weekly Money Multiplier service for only $499.
Weekly Money Multiplier Discount - Only 499 per Quater
Weekly Money Multiplier Insights
I like to take this Weekly Money Multiplier review further than anybody else, by revealing major insight perspectives that only course participants can provide.
First of all, let's talk about the head traders of this service.
Jeff is the founder of the Weekly Multiplier Service and also the founder of Raging Bull. He is a long-time options trader, and he uses a 13-period and 30-period SMA on his charts to identify many of his trade entries.
He calls this the 13/30 pattern. Aside from this pattern, he also enjoys trading breakouts on their third attempt to break out to new highs or lows.
Jeff created the options trading course that's included in your Weekly Money Multiplier subscription. A lot of videos and tutorials are available.
I like Jeff's and Nathan's view of the markets, and they also mention some important aspects of becoming a pro-trader within their newsletter.
Two of them are "Spend More Time Scanning than Trading" and "Pass-Up Medicore Trades."
Jeff and Nathan focus on such simple rules and do what they teach. In the months reviewing this service, they released consistently trades that where researched pretty well and that fit their requirements for a perfect trade perfectly.
So it can happen that on some days you don't get a trade alert at all. And this is just fine!
Trade Part Time
And this is also one of the major benefits. The Weekly Money Multiplier can also be used by traders working in a 9-5 job and like to practice trading at the same time or in their free time.
The Weekly Money Multiplier is not about day trading. Not at all! It is a swing-trading service with easy to understand setups, trade executions, and excellent transparency.
Also, Jeff Bishop streams his trading account within the user dashboard. So you can see his current positions whenever you log in and check it.
He also sends his trade alerts (entries and exits) via email, text alert, and mobile message.
But let's stop talking about Jeff Bishop. Let's proceed with this Weekly Money Multiplier review by talking about the best options trader I have ever seen – Nathan Bear!
Nathan joined the Weekly Money Multiplier team in 2018 and helped to grow this trading service significantly.
Before he joined the Weekly Money Multiplier team, Nathan won Jason Bond's Millionaire Roadmap and turned 30k into a few million.
His trading style is easy to understand. Users can follow his trades either by looking at the real-time screen share within the user dashboard or by getting trading alerts via SMS, email, or mobile alerts.
Nathan trades high options lots of 30 or 50 options per position and makes his trades based on the TPS (trend-pattern-squeeze) setup.
And sometimes he has about six to eight positions in his Weekly Money Multiplier account.
Here is how Nathan's portfolio screen share looks like:
As you can see, all important information is included. The name of the options contract along with the entry price (AvG Price), last price and the open P/L.
This screen is updated in real-time and the best way to see changes to the portfolio as fast as possible.
Limit Your Risk
It is always recommended to either trade on paper or practice with one options contract only. Nathan also expresses this often.
Nathan Bear wants you to be conservative in terms of risk. He always points out that you have to limit your positions size on your behalf.
And this is true and important.
The market is here today and it will in ten years. But the main question is – will you be too? If you make unreasonable decisions, then you will probably fail.
So, take the time to study what Nathan is doing. He records and publishes portfolio update and a reasonable amount of educational content.
Nathan is entirely transparent is what he is doing. He is a great educator and mentor because he can explain even more complicated things in an easy to understand way.
Nathan is patient, target-oriented, and always there to answer your questions.
He is not a sales guy, his voice is always calm, and he does the right things at the right time.
Nathan Bear's Trading Platform
TD Ameritrade is his trading platform of choice, and he educates how to use TD Ameritrade in the same way he does.
Their platform is free for clients, and the thinkorswim paper trading account comes with free real-time market data too.
Also, even without TD Ameritrade, you can practice his approach and execute your trades.
Weekly Money Multiplier Benefits
One of the most significant advantages is the opportunity to mirror trade what Jeff and Nathan are doing. Both mainly trade options on large-cap stocks.
That means that the overall market doesn't care about Jeff's and Nathan's orders. Both trade large sizes with 30 or even 50 options contracts.
But this is nothing compared to the overall trading volume for high liquid stocks like AAPL, ROKU, GOOG, AMZN or SHOP.
So even if it takes a minute until they alert you via email, SMS, or mobile alert, you still have plenty of time to execute the trade.
But you should also be aware of the fact that Jeff and Nathan don't want you to mirror trade. Instead, they aim to educate you that much that you can stand on your feeds.
And this, of course, is the best way to go. Being completely independent of anybody is something any trader should aim for.
How Should You Begin?
First of all, make sure to subscribe to the Weekly Money Multiplier by using my special offer. A low quarterly fee of only $499 along with a low minimum contract duration of only three months makes this offer extremely valuable.
I am convinced that it is a better deal than $2,999 annual pre-pay – right?
Once you signed up, you receive an email with your login data to your user dashboard.
Follow the link, and you see the Weekly Money Multiplier navigation on the left.
Besides access to Jeff Bishop's and Nathan Bear's trading accounts, you also gain access to solid educational materials like ebooks, videos, and training materials within the user dashboard.
New to Options Trading
If you are new to options trading, then you should start with Jeff Bishop's trading course "Stop Options Explained" with 21 lessons and 5 videos and "Options Mastermind" with educational videos (~30 hours video material).
Nathan Bears Video Resources
Otherwise, I recommend you to start with Nathan Bear's training video resources. Here are my favorite ones:
- Scanning with Finviz
- Trading Psychology
- Market Internals
- Intro to Fibonacci
- and most importantly: The TPS Method (his bread and butter strategy)
Start with his educational material and skip the portfolio updates in the first moment.
Once you understand the basic concept of the service, make sure to watch as many portfolio updates as possible (Nathan's Portfolio Updates).
You will notice that Nathan is exceptionally consistent in what he is doing. So, even older videos show that his methodology is effective and profitable.
Also, you can spy on his Millionaire Roadmap positions because the portfolio updates are recorded with all positions visible.
Once you are ready, make sure to start by paper trading.
It is up to you to replicate Jeff's or Nathan's trades or if you apply what you learned on your own. But please, always start on paper!
The fastest way to spot new trades is by monitoring Jeff's and Nathan's trading account.
The email, text, and mobile alerts might take a minute or so until you receive them.
While paper trading, you should also practice how to select the correct options contract.
Learn everything about strikes, options expiration, and the most important Option Greeks. It doesn't take that long until you grasp the basic concept.
You will see fast progress, and as I said before, the Weekly Money Multiplier is one of the trading services I like the most.
Resist all advertisement emails you receive once you signed up. Stay with one service and ignore any advertisement email, seriously!
Weekly Money Multiplier Review Summary
Proof of Performance
Payment Terms Transparency
The Weekly Money Multiplier is a great mix of an stock options picking service and an options trading education service.
The learning material provided is excellent, especially Nathan's portfolio updates are worth every minute watching.
Proof of Performance
The trading performance is outstanding, and due to the portfolio screen share of Nathan's and Jeff's trading account, the transparency couldn't even better.
What else could someone do to prove that real trades are being made?
You see the exact entry prices, and if you track the trading account screens, you will see once a trade is closed. The ultimate transparency would be a downloadable account statement.
Options trading can be risky, but from what I have seen so far, only conservative options trading strategies are applied.
Anyway, it is so unbelievably important to practice buying and selling options with a paper trading account.
Do yourself a favor and practice it! I don't speak about practicing trading, which is also important. I talk about the technical selection and execution of a trade.
A little mistake can cost you hard-earned money. So your paper trading should be about practicing trade executions and also practicing trading itself.
Also, I recommend to make notes, to track every trade, print chart, make annotations and so on. Understand it as a project that takes time, understand it as a marathon and not as a sprint.
This little amount of money for your first quarterly subscription is not a problem at all. Problems only arise if you make the wrong decisions afterward.
I know, you might feel in a rush when you see that Nathan makes one after the other 100% profit trade week after week.
But hey, he does this consistently, and it doesn't hurt at all to learn and practice first. I know, this sounds like a mantra since I point it out that often is that many reviews.
And yes, I do it again in this Weekly Money Multiplier review because it is so important to protect your money.
I like this service, and in my opinion, it is the best options trading service available today.
The price-performance ratio is impressive, and especially Nathan is a coach you should have on your side.
That's why it was so important to me to find a special deal for you to make the entry barrier as low as possible.
One year subscriptions are a no go for me, at least in most cases. So, whenever I can, I come up with a better deal.
And here it is:
Start your Weekly Money Multiplier subscription for only $499/quater instead of $2,999 pre-pay for one full year.
Yes, you read it right, even if you decide to continue your subscription quarter by quarter for a full year, you still save more than $1,000 compared to the official pricing tag!
Weekly Money Multiplier Discount - Only 499 per Quater