Preston James’ Money Press Method: Legit Strategy or Risky Gamble?

Preston James Review – Does the Money Press Method Work?

The Money Press Method by Preston James is a beginner-friendly options trading course that claims to generate consistent weekly income using a market-neutral strategy. The course includes a guidebook and instructional DVDs that aim to minimize risk through a calculated approach to options trading. But does it really work? In this review, we will analyze the Money Press Method and evaluate whether it is a viable strategy for beginners looking to make money online.

Who is Preston James?

Preston James is a former finance student from the University of Utah and a seasoned trader. He founded the Traders Edge Network and developed the Money Press Method as a way to help traders generate steady income regardless of market conditions. His strategy promises a “sleep at night” protection for traders, ensuring that risks are minimized.

How Does the Money Press Method Work?

The Money Press Method is centered around options trading, specifically a market-neutral strategy that claims to generate weekly income. Here’s how it works:

• Traders execute a series of calculated options trades to minimize risk.
• The strategy aims to generate income from weekly premiums, rather than relying on price movements.
• The course provides step-by-step guidance on how to start with as little as $10,000 in trading capital.

Preston James claims that using this method, traders can turn $54,000 into $174,000 in just nine months. However, he does not guarantee success, emphasizing that past performance does not predict future results.

Pros and Cons of the Money Press Method

Pros:

• Beginner-friendly guidebook and instructional DVDs.
• Offers a structured approach to options trading.
• Provides strategies to minimize risk.
• Claims to generate weekly income regardless of market conditions.
• Free learning bundle available (only $7 for shipping).

Cons:

• Requires at least $10,000 to get started.
• Trading strategies need constant updating to adapt to market changes.
• No online community or interactive platform for learners.
• DVDs and printed materials may be outdated in today’s digital world.
• Many traders question the practicality and comprehensiveness of the course.

Should You Buy the Money Press Method?

If you are interested in options trading and have the capital to invest, the Money Press Method could be a useful resource. However, beginners should approach it with caution. The financial market is unpredictable, and without prior knowledge, you may face significant losses.

Final Verdict

Preston James’ Money Press Method offers a structured approach to options trading, but it is not without risks. While some students have seen success, many others have struggled due to the complexities of the trading world. If you are considering this course, ensure that you have the necessary trading knowledge and risk tolerance before diving in.

Views: 17