Looking for a review of Penny Contracts from Alan Knuckman?
I recently discovered Penny Contracts after receiving an email about them.
Penny Contracts claim to be a new way of making money in 2020 from the stock market but without buying stocks in the traditional way.
How do they really work though and can you trust Alan Knuckman?
Keep reading below as I share all the details on Penny Contracts!
Before I start…
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Penny Contracts Review
Here is what I’ll share in this review:
Table of Contents
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What Are Penny Contracts?
Penny Contracts are Alan Knuckman’s new way of making money in 2020 without buying stocks.
It is a little-known type of option that is designed to stay “tethered” to the stock price and move along with it.
I’ve shared reviews of programs making similar claims lately like 10X Your Money and Amazon Prime Profits.
Here are a few facts about them:
- Taken literally, the name “penny” is a misnomer because they track stocks of some of the biggest companies in the world.
- They are cheap (sold for anywhere between one cent and a few dollars),
- They can be traded like a stock.
- They can deliver gains of up to 189%, 681%, and 831%.
- They were launched in 2005 as an experiment, which explains why only a handful of Wall Street insiders know about them. Alan understands them intimately because he works at the exchange where they were created.
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How can you make money using Penny Contracts
To make money using these instruments, you need to know two things: a) how to use them, and b) the exact contracts to trade to multiply your cash.
Alan’s Rapid Riches Blueprint does both; it is the perfect system for finding the best penny contracts – he claims to have used it to turn $100 to $1.7 million in seven months.
It follows four simple steps:
Step 1: Identify. You need to find the next profitable stock. To achieve this, Alan uses a proprietary scanner called Penny Contract Multiple Scanner (PCX scanner). It does what a thousand analysts would do in fractions of a second when it runs millions of data points on more than 4,000 stocks in the market.
Step 2: Execute. Even when you find one stock, it could have up to 400 different penny contracts. Alan picks the best plays based on his experience.
Step 3: Manage. With the help of “exit triggers,” you can determine whether a play is going your way or you need to cut your losses.
Step 4: Maximize. When your penny contract takes off, you need to know when to exit to make the most money off of it.
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Who is behind Penny Contracts?
Alan Knuckman has spent over 28 years on the trading floor of the Chicago Board of Trade.
When he joined in 1991, he used to run orders and sweep up buy and sell tickets before he landed a job as a trader for a top trading firm.
He now makes appearances on major networks like Fox Business and CNBC where he is usually brought on to help investors make sense of money movements.
In addition to the Dollar Trade Club, he runs two other investment newsletters namely Vertical Fortunes and Weekly Wealth Alert.
I’ve also shared a review of his 7 Day Weed Contracts presentation which is similar to Weed-Tirement.
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How to Trade Using Penny Contracts
To start trading Penny Contracts, you need to get yourself a copy of The Rapid Riches Blueprint.
It explains how these contracts work and include a few examples to demonstrate that.
To get a free copy, you need to be a member of the Dollar Trade Club.
It is a monthly research service through which Alan provides his readers with rare money-making opportunities.
When you join the service, you will be entitled to:
- Real-time alerts. You will receive instant alerts when it is time to buy or sell.
- Weekly Updates. Every week, you will receive an email to keep you in the know of what Alan is up to.
- Access to the Dollar Trade Club model portfolio
- Monthly reports. Every month, you will receive a report discussing the markets, how the model portfolio is performing, and any new trades you should consider making.
Bonus
In addition to the Rapid Riches Blueprint and the other services, you will also receive the following bonuses:
- Penny Contract Primer. This guide will have everything you need to know about these special contracts, including how you can trade them using your brokerage account.
- Your very own Trading Masterclass. This is a series of videos that show you how to trade like Alan as well as how he picks his trades.
Subscription Fee
A full year’s subscription costs $52.
Performance Guarantee
There is a 6-month (180 days) money-back guarantee.
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Is Penny Contracts a Scam?
Penny Contracts are not a scam.
The results that Alan shows during his demonstration have been verified by a chartered financial analyst.
That being said, you may not replicate his $100 to $1.7 million-journey as you would need to be very lucky and have great timing.
You can make modest gains by trading diligently, though.
Pros of Penny Contracts
- You don’t need a massive capital outlay to start investing in penny contracts. You can get started with as little as $100.
- You don’t hold the contracts for long. Therefore, you are not exposed to long-term market volatility.
Cons of Penny Contracts
- They are time-sensitive. You have to act fast to not miss out on gains.
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Penny Contracts Verdict
Penny contracts are a little-known type of option.
To get in on them, you need to join Alan Knuckman’s research service, the Dollar Trade Club, for an annual fee of $52 (with a 180-day money-back guarantee).
If his recommendations and unique mode of trading work out, you may add to your retirement nest egg.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my recommendation below.
It’s helped me earn over $300k in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: