Before signing up for any program that purports to guide you in your stock market dealings, it is vital that you check out who the developer is.
There are many scammers on the internet who suggest tips and strategies that they themselves never get to use. That doesn’t make sense, does it?
Signs of a legit program by a developer who knows what he is doing include high levels of transparency so that you can track the performance and ratings over time.
If you have been looking for the perfect stock picking programs on the internet, then the name Jeff Bishop must have come up several times.
We want to help you decide whether or not this guy is legit, and that is why we have done an extensive Jeff Bishop review.
Here we go.
Who is Jeff Bishop?
Jeff is a stock trader who has been in this business for over twenty years. Over this period, Bishop has perfected in various trading strategies that have earned him massive profits and success from his trades.
He has specialized in ETFs and options trading, and these two trading systems have a lot of similarities. Both of them are based on the idea whereby an investor would buy some securities or ETFs and then sell them when the value has increased.
In this way, the investor would have made a profit. Likewise, if the security loses value, the investor would make a loss.
Education, MENSA Membership and Net Worth
In this section, we are going to point out that Jeff is not your average guy and is quite intelligent. First, he graduated from the prestigious University of Texas with two degrees; Economics and Finance.
Next, for a long time, Bishop has been a member of the MENSA membership. If you are wondering what this is, it is an exclusive organization of individuals who have an IQ score of more than 150.
Stock trading requires high levels of intelligence, and you can see that this is an area that Jeff has no problem at all.
Another thing to prove Bishop’s credibility are the numerous articles that he has published on some of the popular stock trading platforms such as the Wall Street Journal and Seeking Alpha.
He has also made numerous appearances on Yahoo Finance, and this shows how highly his opinion on stock markets is regarded.
Details regarding his net worth are not very clear. However, he is believed to be a multi-millionaire and that all his earnings are as a result of the unique strategies that he has developed and used in his trades.
Jeff’s Style of Trading
To get to the level that he is in, Jeff has had to make some bold yet calculated risks. He advises all upcoming traders to follow a disciplined approach if they want to make the big earnings like other fat cats in the trade.
He likes maintaining his profitability, and this explains why he is always in a rush to cut off the losing trades. We may say that he is a swing trader who holds on to his stocks until the right time to sell them comes by.
Bishop relies on charts to guide him on when is the best time to sell.
He has a watch list on a list of companies which have the potential of earning him some massive profits. On top of that, Jeff also relies on social media such as Twitter to keep track of some of the stocks.
He Likes to Teach!
One thing we liked about Jeff is that he has a passion for guiding upcoming traders to learn his strategies. He emphasizes on the members to be extremely disciplined if they want to make it in the trade.
Also, he urges you to take your time before executing any strategy or making an exit.
Instead of relying on guesswork, Bishop proposes that you physically write down the entry price, the profit exit price and the stop-loss exit price. In this way, you can set out your exit points more clearly plus you get to adopt the exits into the overall trading strategy more easily.
Some of the Top Programs by Jeff Bishop
As we mentioned earlier, Jeff enjoys mentoring other individuals who are interested in becoming successful stock traders.
So, he educates them on some of the best strategies that would boost their chances of making profits from stock trading.
These programs vary in their pricing so that you can find the one which would not leave a massive dent in your pockets.
Let us check out these services.
1. Total Alpha Trading
The first platform by Bishop is specially designed to help the newbies find trading strategies that would significantly boost their chances of making a kill in trading stocks.
Once you subscribe to the service, you will get access to a strategy that has been developed by Jeff plus has been tried and tested in the market to be successful.
The advantage of using these strategies is that they are going to deliver better results than if you were picking random stocks in the market to trade in.
This system is very user-friendly while getting started is equally easy. All you have to do is enter your email address, and all the necessary steps will be provided to you.
All the strategies that you get access to are the same ones that Jeff himself has used to make profits in the stock market.
2. Option’s Course Weekly Money Multiplier
The next program is the WMM, and it deals with long-term investments. In this platform, new traders who have just joined the stock market trade are going to find live updates on trades.
Note that these stocks are not random but ones that Jeff himself has done extensive research on. Over time, members have gotten access to the same alerts that Jeff relies on to set up new trades.
The Option's Course was formulated to work in tandem with the WMM, and the combination of these two systems is what enables individuals to make it as options traders.
One thing we liked with the course is how friendly it is for beginners. Therefore, you do not need to have prior experience in trading stocks so that you could follow everything that is spelt out to you in the course.
Some of the features that you get access to when you subscribe to this program include:
- An Options Course - This is a simple course that targets beginners. The guide is meant to help the newbies find their way in the market more comfortably, and they do not need any experience in trading options to understand everything.
- A Video Library - In this library, you will find videos that aim to give you a visualization of how trading in the stock market works. In the end, you should have understood how Jeff applies his strategies to make profits from his investments.
- Real-Time Alerts - You will receive them as text messages, and the alerts aim to keep you up to speed with everything that is happening in the stock market.
- Real-Time Overview of Jeff’s Trades - If you want to mirror Jeff’s trades, you should take advantage of this feature.
3. Raging Bull
The last platform was developed by Jeff together with a host of other established names in the stock market world.
The platform is particularly useful to newbie traders who get access to free signals in their quest to become successful options traders.
Bishop provides the members with five recommended stocks for them to take advantage of if they want to make profits. This list is updated regularly so that you can know the best trades at a particular moment.
Some of the Jeff Bishop’s Trading Tips
As we conclude, we are going to give you some tips from Jeff Bishop himself. You may find them useful for both options trading and ETFs.
They are as follows:
- Be consistent with the amount you trade each time. Only make adjustments when you have attained your goals
- Have a demo account for trials. In this way, you would not ruin your portfolio
- Pay attention to one stock and setup and gradually build from that point
- Do not pay too much attention to the charts
- Always have a trading journal to track your performance
- Watch out for catalysts. If you don't, you could lose all your investment in the blink of an eye just as it happened once to Bishop
- Have a trading plan. This should include your tactics, how you manage your risks and your achievements
Is Jeff Bishop Legit?
We have every reason to believe that he is worth your trust. He has been trading in stocks for over twenty years, and it is hard to find any negative reviews on him or any services that he offers.
Speaking of programs, everything that he has developed is world-class, and you can find testimonials from traders who have benefited from them.
Last but not least, he is a millionaire whose earnings are due to the same strategies that he is giving you.
There you go. We hope that we have touched on everything relevant about Jeff Bishop to convince you of his legitimacy.
So, next time you are looking for a stock trading program, look for something that is related to Jeff, and you can rest assured that you will not regret your decision.