Don Fishback Reviews
Legit or Scam?
Don Fishback
is an experienced financial analyst and
former stock broker. He has had a long
career in the industry conducting trades,
research, and training in various markets.
These days Don Fishback operates his own
firm, which focuses on volatility research
and product development.
Don Fishback’s company offers a wealth of
educational books, seminars, and web
applications to assist traders. He explains
that the foundation for his mathematical
research stems from the bell curve analysis
of the market.
Simplistically, it means that even though
the prices on the market appear random over
a period of time they settle into a normal
distribution known as the bell curve. The
actual math behind Don Fishback's ODDS
theory is complex but it’s based off this
principal. Consequently he has applied his
results into a high probability strategy
called credit spread.
Even though Don Fishback has an “Options
for Beginners” book the majority of his
products carry a degree of complexity to
them. For someone to benefit from his
materials they need to have an understanding
of options trading and the ability to
perform certain calculations.
The reason for this is that Don
Fishback’s materials show you how to compute
the statistical probability that a price
will reach a given target. Using this
method, one can ultimately calculate an
option's statistical probability of expiring
"in the money".
The reason that his courses require a
level of financial competence is that you
are supposed to apply these results
accordingly. Don Fishback does not give you
a step-by-step system to follow that tells
you everything to do; you are trained in
performing this function and advised on how
to use it.
In general, I wholeheartedly support the
idea of reading educational materials on
financial and stock market strategies.
However people need to be skeptical when
they see titles like “Win 95% of the Time”,
and other hype. There is no one strategy
that will consistently make money over time.
The successful traders that I know in my
life all use a variety of methods that
they’ve learned through formal education and
years of experience. This is why it’s
irresponsible for options gurus to do mass
mailings and claim that they can teach
anyone how to trade, let alone profit the
majority of the time.
It's important to realize that there is
no one guru or program out there with all
the answers. It's up to you to learn
as much as you can through a variety of
resources in order to understand the big
picture of trading.
One great tool that I personally recommend is Trend TV where you can view educational training videos from some the world's top analysts.
This is the type of information you'll get at seminars where a seat could cost thousands of dollars.
It's surprising that most people don't know about such a great resource that
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Customer Responses, Reviews, or Complaints for
'Don Fishback'
Average Rating is
2.20
out of
5
based on
5 reviews.
Chas Dearborn MI | 2:27am on October 11th, 2010  | Total Scam -- stay away. Much too good to be true. Do some research on Fishback and you will see he has been indicted on other scams. |
Bill Florida | 3:00pm on August 21st, 2010  | Fishback's ODDS InsInt is money in the bank. We have used it for over two years and it is the only service we can depend on! The 80% success ratio is the real deal! We are satisfied paying customers.
|
Fred la | 5:05pm on August 10th, 2010 | Thanks for your honest opinion. My search of these sort of mass marketers have shown that not even one in the past 30 years proven to be worthwhile. Avoid them all. |
Jim San Jose, CA | 5:07pm on March 13th, 2010 | I purchased the ODD Correlation Trader signals in Nov 2009. This is a daily service where Don personally provides a buy or sell on the S&P and you can trade the ETF or options. So far after four month of this service there have only been 2-3 signals and none so far have produced any positive returns. All other signals have been neutral, meaning no confirmed direction.
I obviously did not due any research on his service but instead trusted the Don Fishback name as he has been around forever. His claims about doubling your money using his personal daily signals on the S&P have not yet proven to be worth my time. I currently don’t have enough confidence in this service to even act on a new signal. I paid a ton of money for this service so far not worth ten cents. I have asked for a pro rated return and have been denied. Please be warned about this service and anything else he is selling. |
Eric Columbus OH | 6:34pm on February 18th, 2010 | Dan Fishback customer service is terrible. I asked for a refund after missing a renewal date by 1 day and was refused. Their $60 monthly fee was worth more to them than a happy customer. Warning: do not do business with these people. |
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-Don Fishback’s products include: Options
for Beginners, Options Wizardry from A-Z,
Profit Power Seminar and Home Study Video,
Options Trading as a business, and ODDS The
Key To 95% Winners-
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