Is Louis Navellier’s Project Light Speed Legit?

Welcome to my review of Louis Navellier’s Project Light Speed presentation.

Navellier did the presentation to introduce a new advisory service he will be offering that is based on a strategy that he believes will help everyday Americans to make triple-digit profits consistently.

It has to do with trading options, which is atypical of him. Therefore, in this article, I will be walking you through the presentation highlighting the main points as well as what subscribing to his newsletter entails.

Before I start…

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Is Louis Navellier's Project Light Speed Legit? 5

Louis Navellier Project Light Speed Review

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Introduction to Louis Navellier’s Project Light Speed

Louis Navellier’s Project Light Speed is all about Louis’ new trading strategy that he says will enable you to rack up triple-digit winners if it works out. He believes that it is good enough to help you catch up on your retirement planning if you are behind on that. 

Louis Navellier Project Light Speed

Project Light Speed centers on trading options. As we’ve seen countless times before, Navellier touts options as superior to stocks and other assets because they have the power of leverage.

In terms of trading options contracts, leverage comes into play because when you invest in an option, you control stocks of a higher value. Therefore, it is like you are multiplying the power of your starting capital.

But he is saying that his approach is unique because he takes care of two important elements of options trading that he thinks many traders ignore:

  1. Picking the right stocks. He says that a successful option play hinges on picking the right stock because when you pick the wrong one, your entire trade will collapse. He then positions himself as the ideal person to navigate the market successfully pointing to his stock-picking record, which shows that he has been doing well.
  2. Investing in the right type of option contract. He says that even when you pick a good underlying stock, the trade can be undone by picking the wrong type of option.

His solution to the second part is trading a type of long-term option play called LEAPS (Long Term Equity Anticipation Security). This option contract functions like a regular option but the expiry date is longer than a year, typically three years.

Navellier says that when you trade LEAPS, you give the stock time to live up to expectations i.e. for its price to reflect its good fundamentals. He says that people who invest in the short term are more likely to lose money because predicting what will happen to a stock’s price in tougher.

He launched a new service called Power Options to share his Project Light Speed recommendations.

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Who is Louis Navellier?

Louis Navellier has more than forty years of experience in the financial services industry and over that period, he has been using advanced computer models to analyze the stock market. He regards himself as a quantitative analyst or a quant.

Using his experience and expertise as an analyst, he successfully identified the #1 S&P stocks for eight years from 2012 to 2019. He claims that he has even been referred to as the as the guy who recommended Google before anyone else and that Forbes named him the “King of Quants”. He has been featured in The New York Times. 

Louis Navellier works for Investorplace where he edits newsletters. Some of his publications include Growth Investor, Bulletproof Stocks, Accelerated Profits, and Project Mastermind.

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What do you get when you sign up for Power Options?

When you subscribe to Power Options, you receive:

  • Access to The Power Options Portfolio: Six Hypergrowth LEAP Trades for 2021. This report mentions six stocks that are poised to offer investors a positive return according to Navellier. In the report, you get the names of six trades as well as the ticker symbols. 
  • A special report called Louis Navellier’s LEAPS Trading Primer. This is a step-by-step guide on how Navellier trades LEAPS. 
  • A performance guarantee that states that if seven of his trade recommendations do not go up by at least 500% in the next 12 months, you’ll get the second year of Power Options free whether or not you want to invest in his picks. If you choose not to, that will not disqualify you from this special guarantee.

Subscription Fee: It will cost you $2,995 for one year.

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Pros of Louis Navellier’s Project Light Speed

  • You get to leverage the power of options trading.
  • Louis’ hand-picked trades can potentially hand you 500% or more in profits.
  • The subscription is backed by Louis’ performance guarantee.

Cons of Louis Navellier’s Project Light Speed

  • The subscription price is quite high

Is Louis Navellier Project’s Light Speed Legit?

Yes, Project Light Speed is legit. Louis Navellier wants to recruit new subscribers who will join his newly-launched newsletter, Power Options. Throughout the presentation, he demonstrates in his own way why his trading strategy is superior to those of other gurus with the hope that it will resonate some people who’ll then want to sign up for his advisory service and there’s nothing illegitimate about that.

However, you need to be careful so as to not get carried away by the examples Louis shares throughout the presentation of his previous successes.

Louis Navellier Project Light Speed Verdict

Louis Navellier has always been about buying shares of undervalued companies and holding them for a considerable length of time to watch them realize their value and earn returns. However, he shakes things up a bit in Project Light Speed by saying that he is now ready to recommend options.

He says that his approach is better than other gurus’ and he has the key to success as an options trader. He certainly has a different approach because a majority of options gurus recommend are short-term trades so we can give him that.

However, most of the examples he gives in the presentation are back-test results and we’ll have to wait and see how he performs if he is as good at this as he claims to be. In the meantime, do not follow investment advice without examining it to see that it matches your strategy because most of the advice you get online is generalized. You should also learn more about options before you consider trading them.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

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(This is a 100% free training)

Is Louis Navellier's Project Light Speed Legit? 5