Is The 10X Switch aka 10X Profits Legit? [Adam O Dell]

Welcome to my review of a Adam O’Dell’s The 10X Switch, a presentation he did where he was talking about his new investment strategy.

Adam says that he has found a way to navigate a volatile market and going on the strength of the results of his back tests, believes that he is set to do well with his new strategy.

Now, based on my findings, I have done this unbiased and detailed review where I provide you with an overview of the strategy, how it works, its pros and cons, and the final verdict.

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The 10X Switch Review

Table of Contents

Introduction to The 10X Switch

The 10X Switch is the title of a presentation Adam O’Dell has been promoting where he reveals a strategy that’s meant to take advantage of the volatility in the market.

In the presentation, Adam claims that with his help, you can multiply your investment up to 10x times within five years.

Adam is no stranger to making such declarations in his presentations as we saw him make audacious claims in another presentation called Imperium Technology DNA Stock where he was talking about a new DNA sequencing technology that he thinks could be impactful in the biotech space.

Circling back to The 10X Switch, Adam O’Dell says that his strategy has been through a series of backtests going all the way back to 2006 when he first created it. He adds that since it went live in 2016, it has delivered returns even in the most volatile circumstances. In that time, he says that The 10X Switch has outperformed the S&P 500 3-to-1.

He thinks his investment model is ideal now that the market is as volatile as it was in the wake of the Global Financial Crisis. Why is he confident of this? He says that Volatility Index (VIX) readings are looking like they did back in 2008.

He demonstrates this with a graph:

He says that even with such high volatility, you can multiply your money up to 10x times within a period of five years if you follow his advice.

Adam believes that his 10X Switch strategy can completely transform the way you look at investing and help you hedge your portfolio to protect yourself from the next market crash. It’s specifically designed to mitigate risk.

How does The 10X Switch Work?

The 10X Switch does not involve stock picking or option trading. Adam says that you don’t have to risk your money on penny stocks, growth stocks, or emerging markets.

All you have to do is abide by two simple instructions: “Risk On” or “Risk Off.”

What does that mean and how does it work?

Adam explains that when investors are confident in the economy and the market, they are willing to take more risks and invest more aggressively. When they are in this mindset, The 10X Switch flips to “Risk ON.”

When politics gets uncertain and the economy is jittery, investor confidence plummets as they get nervous. They remove money from the markets and The 10X Switch flips to “Risk Off.”

How does Adam O’Dell gauge market sentiment (investor confidence)?

He relies on volatility metrics because he uses volatility as a signal for when the market is on Risk ON or Risk OFF mode.

That’s how he uses The 10X Switch to make money whether the market is going up or down; when there is uncertainty, the Switch goes to Risk Off and he makes the necessary adjustments to his approach and vice versa.

One of the volatility metrics he uses is Bollinger Bands.

Bollinger Bands are moving-average curves that factor in the volatility of the stock. They help traders determine whether a stock is overbought or oversold. When the price curve hits its Bollinger bands, it tends to bounce back to its trading range.

Adam believes that as he uses these bands, high volatility follows low volatility and low volatility follows high volatility.

Another metric he uses to gauge volatility is the Volatility Index (Keith Kaplan is another investment analyst who swears by the VIX because he mentions the VIX and the VVIX (Volatility of the VIX) extensively when he does his Retirement Calculator and The Portfolio X Ray presentations).

Adam O’Dell says that the VIX is “the fear gauge” because when stocks start going up and investors are happy, volatility goes down. Conversely, when stocks start rising and uncertainty goes up, the fear gauge spikes dramatically.

Adam O’Dell trades two ETFs depending on what he sees in his volatility indicators. One of them is suited to rising volatility and the other is for falling volatility.

To receive recommendations from Adam, you have to sign up for an investment advisory service he launched called Adam O’Dell’s 10X Profits.

Who is Adam O’Dell?

The 10X Switch was designed by Adam O’Dell, a seasoned investment analyst who has specialized in the design, research, and implementation of discretionary investment strategies.

Adam O'Dell's The 10X Switch Adam O’Dell is proficient in both fundamental and technical analysis. He is a Chartered Market Technician, a designation given to people who demonstrate a high level of proficiency in using technical analytical tools.

Adam shares his daily market insights with investors worldwide through his financial publishing firm, Money And Markets. He is the chief investment strategist at the company. Money & Markets is affiliated with Banyan Hill Publishing.

Adam investigates persistent market behaviors and anomalies and creates investment strategies based on his findings.

He regularly offers inter-market analysis in sectors such as Commodities, Currencies, Equities, and Fixed-Income.

What you get when you join Adam O’Dell’s 10X Profits?

Adam O'Dell's The 10X Switch When you join Adam O’Dell’s 10X Profits, you will be receiving the following benefits…

Weekly Updates: Every week, Adam O’Dell updates his approach based on the state of the markets and the economy. You will get insightful commentary from him too.

Trade Alerts: You will receive regular trade alerts. These trade alerts will be sent to you several times a month or months apart depending on circumstances. You will also get an email from Adam O’Dell about his latest research as well as detailed trade instructions.

10x Profits Concierge Service: The subscription comes with unlimited access to The 10x Profits Concierge Service. You can either call or email the team in case you have any issues with your subscription.

Members-only Website Access: You have access to the password-protected members-only website where you will learn about Adam’s position at any instant. You also gain access to a summary of his track record and an archive of his trade alerts and weekly updates.

The 10X Profits Trading Manual: It is a guide that shows you how to use The 10X Switch strategy, including the two positions you should trade.

The Simplest Investment Strategy Ever: It is a bonus report that explains the origins of The 10X Switch strategy.

Adam O’Dell’s 10X Profits Pricing

A one-year subscription to Adam O’Dell’s 10X Profits costs $1,795.

There are no cash refunds.

Pros of The 10X Switch

You receive actionable trade recommendations from Adam.
You can get an extra year for free if Adam fails to fulfill his personal performance guarantee.
Adam O’Dell is a trading advisor who has specialized in risk management.

Cons of The 10X Switch

The subscription price is a bit on the higher side at $1,795/year.
Relying on volatility predictors is not guaranteed to work because the market can be very unpredictable.

Is The 10X Switch Legit?

The 10X Switch is a legit investment strategy.

The strategy, designed by Adam O’Dell, relies on two technical indicators (Bollinger Bands and the VIX) to predict market volatility and market sentiment. You can make money that way if the market follows historical patterns and this is why I think it is legit.

Needless to say, sometimes the market does not follow the script and you may end up losing money.

The 10X Switch Verdict

The 10X Switch is an investment strategy Adam O’Dell has been pushing for months now. He even claims that he started using it in 2016.

He believes that you can 10X your investment by following his advice and he is confident that you can achieve this on the strength of his backtests going back to 2006.

But as I mentioned before, the market doesn’t always follow historical patterns and this can mean that some of Adam’s predictions will be wrong. Although he doesn’t mention this in his presentation, you should factor this as you decide whether to subscribe to his advisory service.

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)

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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