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Hello and thank you for taking the time to read my evaluation of Michael Carr’s One Trade service.

On the Banyan Hill website, I just came across a presentation on this service in which Michael Carr spoke about earning weekly profits of 100% or more with a single trade.

Make-100-Weekly-Gains-or-HypeSource: p/CAR2020 EXT/WCARW609 on pro.banyanhill.com

I was dubious at first, but I wanted to learn more about it to see whether it’s as amazing as he says or if it’s just another hyped-up scam. So I decided to check at it more.

In this review, I’ll share what I’ve learned about One Trade, take you through how the system works, and give you some background on Michael Carr so you can determine whether it’s appropriate for you.

Michael Carr’s One Trade: An Overview

Michael Carr, the guy behind One Trade, claims that his technique is so basic that he can only trade once a week, using the same ticker symbol, and aiming for profits of 100% or more each time.

You may execute the same transaction on the same ticker symbol once a week and aim potential gains of 100% or more each time using this technique.

(Source: pro.banyanhill.com/p/CAR2020 EXT/WCARW609/Full) Michael Carr

He claims to employ a “secret algorithm” that analyzes the market’s previous price movement and predicts whether the market will go up or down.

Mike claims that he then picks the greatest trading opportunity for the next week using 40 rules he has coded into his software and shares it with members.

Mike claims that all you have to do as a subscriber is check your email at 9:15 a.m. and follow his instructions to make his suggested transaction.

And it seems that it has been paying off so far.

Mike claims that some of his trade suggestions have increased the profits of his beta testers by up to 556 percent in less than a week. He does, however, state that this is an anomaly.

He usually advises one or two transactions each week, with each trade lasting two days on average. He claims that his beta testers gained 21.7 percent on average over the last six months of testing. Both winning and losing transactions are accounted for in this way.

Even with one to two trades per week, our average transaction over the past six months of our beta test did 21.7 percent in 48 hours. When you can do that every week, the money adds up quickly. And it is my aim to provide you with the same chance.

So, although 100% gains are conceivable, Mike claims that the average increase is 21.7 percent.

Even if accurate, that’s still quite amazing. That may not seem like a lot, but in the world of trading, it’s a lot. It’s so high, in fact, that it makes me suspicious.

Let’s do the arithmetic on 21.7 percent weekly gains over the course of a year…

Mike promises to give you at least 50 trade suggestions over the course of a year, assuming you have a $10,000 trading account to begin with. On average, across 50 transactions, this equates to a profit of $2,170 each trade, or $108,500 for the year. And that’s before you reinvest your profits.

So, logically, he’s suggesting you can tenfold your money in a year, right?

Nope. If you look carefully at his whole presentation, you’ll see that’s not what he’s saying. He’s really claiming that you can quadruple your money in a year.

Regardless of the total profits, the average gain of 21.7 percent each transaction is remarkable.

What is his “trick” to success?

Mike is a Chartered Market Technician (CMT) and a Certified Financial Technician, to begin with (CFTe). He also claims to have worked for the US government as a rocket builder.

As a result, that should assist (lol).

However, he claims that his One Trade method is based on a set of 40 unique criteria and that he exclusively uses options to trade one particular ETF, the SPDR Dow Jones Industrial Average.

We’ll go through his approach in more depth in the following part.

Mike’s One-Trade Strategy: How Does It Work?

As a One Trade member, you’ll find that the service is very simple to use. All you have to do is join up, check your email every morning at 9:15 a.m., and decide whether or not you want to use your own brokerage account to follow Mike’s trade suggestions.

The subscription includes everything you’ll need to follow along. You’ll get a starting guide, daily briefings, weekly trade suggestions, and instructions on how to place each trade, among other things. The most important thing for you to do is to follow along and “hope” that Mike is on top of things.

In some respects, this makes it easy, but it also makes it dangerous since you’re putting a lot of trust in one individual to regularly earn you money.

Mike, on the other hand, claims to be an expert and that his approach is the product of 25,000 hours of market research. Technical variables like as Sharpe ratios, Z-scores, standard deviation, and 40 unique rules that he has encoded onto his computer are apparently taken into account.

I don’t have access to his secret algorithm or the specifics of any of his 40 rules. However, I have a good grasp of how his approach works in general.

Mike is essentially betting on the direction of one ETF, the SPDR Dow Jones Industrial Average, each week (DIA). And he does it with the help of choices.

The Dow is a price-weighted index made up of 30 blue-chip stocks, including top-performing U.S. businesses like Apple, Microsoft, Boeing, Nike, and Wal-Mart, among others. DIA is an ETF (exchange-traded fund) that basically mimics the Dow’s performance.

Mike utilizes options because they enable you to bet on whether a security, in this instance DIA, will rise or fall in price in the future. Options may also let you earn more money with less money up front.

Options trading, on the other hand, is more complex, and since you don’t own the underlying asset, you risk losing your whole investment if you’re incorrect. This is why Mike only advises investing 10% of your total investment money in any given trading strategy.

In any event, Mike’s method to predicting which way the DIA ETF is likely to go during the next week and, as a result, what his suggestion will be is divided into five components.

He claims that the initial step of his method has him “doing calculations” every day.

Next, he claims to utilize a computer software with 40 distinct “secret rules,” as well as a “proprietary algorithm” that analyzes these rules and the market every day and tells him if the market has a 75% chance of going up or down in the next week.

Third, Mike claims to utilize a volatility indicator he created that informs him two weeks ahead of time where the market will be.

And evidently, when everything comes together, it’s the “ideal chance to profit.”

Mike says he uses his “years of market knowledge” to evaluate the transaction and make sure it’s something he wants to support in the fourth stage.

If he’s satisfied with the deal, the fifth stage is for him to suggest it to One Trade subscribers by email by 9:15 a.m., detailing what to purchase, at what price, and when.

I suppose it’s easy enough.

But the main issue is if it works and will continue to function for the duration of a 12-month subscription.

For the most part, we have to accept Mike’s word for it that his method has worked as well as he claims for his beta testers. And since no one can foresee the future, it’s impossible to say how well his future suggestions will work out.

However, we can look at Michael Carr’s background and track record to see how likely his forecasts are to be correct in the future.

What is Michael Carr’s background?

1629584933_917_Make-100-Weekly-Gains-or-HypeMike Carr

Michael Carr, often known as Mike, claims to be a (literal) rocket scientist with more than 20 years of professional trading expertise.

He apparently used to develop weaponry for the US military, which aided him in the stock market because to the precision with which he had to make his estimates.

I had to double, triple, and quadruple verify every input… every decimal… every line of code… every calculation… while designing nuclear weapons. so that when it came time to press “the big red button,” I knew my rockets would land just where they were supposed to.

Every day the stock market is open, I have the same mentality – the same mindset I had as an officer in the military services.

Mike also assisted in the development of an early version of the internet and the deployment of radar equipment to monitor Soviet aircraft, according to his profile on the Banyan Hill Publishing website.

Michael began his career in the Pentagon, where he was important in the construction of the facility’s first local area network, an early version of the contemporary internet. He is a veteran of the United States Air Force. He was subsequently sent to an Icelandic bunker, where he assisted in the deployment of cutting-edge radar equipment to monitor Soviet planes towards the conclusion of the Cold War. 

Michael Carr may be found at banyanhill.com/expert/michael-carr.

How did he start into investing and trading in the first place?

He resigned in 2005 after almost 20 years creating pattern recognition software for the US Air Force, according to his website, and put his talents to work in the stock market.

As a result, he published “Smarter Investing in Any Economy: The Definitive Guide to Relative Strength” in 2008. A tiny investment company invited him to work with them after he gave a presentation on the book at a conference. Which he claims he accomplished, resulting in the firm’s assets under control increasing from $80 million to $200 million in two years.

Mike then joined Banyan Hill Publishing, where he writes to a free email weekly called True Options Masters and operates three of his own paid advice services: One Trade, Peak Velocity Trader, and Precision Profits, according to Mike.

He’s also a Certified Financial Technician (CFT) and a Chartered Market Technician (CMT) (CFTe).

Adam O’Dell is the most recent CMT I’ve come across on this site. This is a certification granted to qualified technical analysts by an organization called the CMT Association, as I explain in my evaluation of his program, Green Zone Fortunes.

The International Federation of Technical Analysts (IFTA) awards a Certified Financial Technician (CFTe) after finishing a course that assesses a person’s technical skills, knowledge, and ethical awareness.

Mike also writes for many other trading journals outside of Banyan Hill, lectures at the New York Institute of Finance, and claims to have suggested 50 triple-digit trades across all of Banyan Hill’s research offerings since joining the firm.

So, not only is Michael Carr a true trading specialist with over two decades of expertise, but he is also well credentialed and well-respected in the business, in my opinion.

What Are the Benefits of Joining One Trade?

The weekly trade suggestions are the primary benefit of being a member of One Trade.

You’ll receive at least 50 trade suggestions throughout the course of a 12-month membership. You receive one trade suggestion some weeks and two others, but you get at least 50 each year on average.

As part of this, you’ll get a Daily Briefing by email every morning at 9:15 a.m. This section explains what Mike suggests you do with his existing trade suggestions, as well as any future ones.

The specialized weekly newsletter is another important aspect of the service.

This offers you an early indication of which way Mike thinks the market will go in the next week, as well as his market observations.

Subscribers also get a copy of The One Trade Starter’s Guide and The One Trade Rulebook to help them get started and follow up with Mike’s weekly trade suggestions.

You also receive access to the model portfolio, which is accessible within the member’s area, to help you keep track of all of Mike’s current suggestions.

Finally, as of this writing, Banyan Hill is offering new members access to Market Intel, a premium monthly email that explains Mike’s market views.

How much does it cost to become a member?

One Trade is usually $3,997 per year, however as of this writing, it is just $1,495 per year if you sign up via the Banyan Hill website.

It also automatically renews each year at the same price.

It’s up there with paying $1,495 to join a trading service. This is one of the most costly trading advice services I’ve looked at. But it’s also pretty extensive, and it’s managed by someone who has more qualifications than the “gurus” who run some of the other trading platforms I’ve looked into.

In any case, I suppose the notion is that if Mike’s average transaction generates 21.7 percent returns, it shouldn’t take long for him to recoup his losses.

Is there any assurance?

Mike’s One Trade service does not guarantee that you will profit. Nobody can guarantee that anybody will profit from their service since no one can foresee the future.

This service also does not come with a money-back guarantee.

The sole guarantee is that if the service does not make you money after one year and five triple-digit trade suggestions, you will be given a free second year.

How much money can you make in a single trade?

Mike claims that when his beta testers utilized his service for six months, it resulted in a 21.7 percent increase. Assuming that is true, and you get 50 trade suggestions in a year, you could conclude that you could 10X your money in that time.

However, this is not the case.

Because Mike advises only putting 10% of your money into any one transaction.

I said before that using Mike’s measures, you could convert $10K into over $100K, but that would not be the case if you just traded with 10% of your money. When you do the arithmetic in that scenario, your returns would be more like double your money in a year.

Consider the following scenario:

  • Begin with $10,000.
  • Place 50 transactions for $1,000 apiece over the course of a year.
  • This equates to a profit of $10,850.

And this clarifies something I was thinking about throughout the talk…

Mike spent the majority of his presentation talking about how each transaction might provide an average return of 21.7 percent. Nonetheless, he speaks about how you may quadruple your money in a year in one part towards the conclusion. This struck me as strange right away.

This is the section of the presentation I’m referring to (emphasis mine):

Meanwhile, we’re up 65 percent in the first eight months of 2020, thanks to my equal allocation approach, in which we put the same amount into every weekly transaction.

That is more than triple the Nasdaq and more than 10X the S&P 500.

On January 1, I financed a $10,000 charity account in order to achieve my goal.

When I suggest a transaction, one of my staff members executes it in the same way that a normal subscriber would. He buys the same amount every time, and his $10,000 account has profited almost $6,500 in the first eight months.

We’ll reach 100 percent if I maintain this pace up until the end of the year… In a year, I will have quadrupled my money.

I’d want to offer you the same opportunity.

On the one side, he’s talking about earning an average of 21.7 percent profit on every transaction, and on the other, he’s talking about doubling your money in a year. I was perplexed by this at first.

It didn’t make any sense.

Then it occurred to me that if you only use 10% of your money on each weekly transaction Mike advises, this makes sense.

So, to return to the original issue of how much you can earn…

You can’t be sure you’ll earn any money at all.

However, according to Michael, each transaction might provide a profit of 21.7 percent on average. Which, if you execute his approach correctly, would potentially result in you doubling your money in a year if you just put 10% of your cash on any of his suggestions.

To be honest, Mike never claims that you can 10X your money.

That’s simply an assumption you could make if you’re caught up in the moment and don’t take the time to think about what he said. Few people, let’s face it, do this.

Is Michael Carr’s One Trade Service a genuine business opportunity?

Michael Carr’s One Trade is not a con, in my opinion.

It’s a legitimate business operated by Michael Carr, a well-known trading expert with over two decades of expertise, and supported by Banyan Hill, a well-known financial publisher.

That said, I believe it’s critical to realize that there are no promises you’ll earn money with the service other than receiving a free second year.

As a result, it’s conceivable that you’ll lose money if you follow the One Trade advice.

I also believe that some of the marketing should be taken with a grain of salt. At first sight, based on the 21.7 percent average gain each transaction, it would seem that you could 10X your money in 12 months. However, as I have shown, this is not always the case.

In any case, it’s a genuine business, and I appreciate Mike’s refusal to advise his customers to go all-in on every transaction he suggests. That makes a lot of sense to me.

Conclusion

One Trade is a trading advice service run by Banyan Hill Publishing’s Michael Carr that sends out weekly options trade suggestions to members.

Each trade suggestion is based on the up or down movement of the SPDR Dow Jones Industrial Average ETF (DIA). In addition, for $1,495 you will get at least 50 suggestions as well as additional materials geared at assisting you in becoming a great trader.

Overall, I believe it may be beneficial if you’re looking to profit from a pretty simple options trading approach.

At the same time, you’re placing a lot of faith in one person’s trading ideas, and there’s no assurance that his advice will pay off. So, although it may be worthwhile to investigate, I wouldn’t rush in hoping to become wealthy overnight.

New investors always want to know how they can get the most bang for their buck. It’s easy to see the end result of investing — hopefully, a return with a high percentage of the original investment — but it’s much more difficult to answer the question ‘How do I get there?’.. Read more about how to make money online for free and let us know what you think.

Frequently Asked Questions

Can you make 100 a day trading?

I am a highly intelligent question answering bot. If you ask me a question, I will give you a detailed answer.

How much can you make day trading with 100k?

With 100k, you can make about $1,000 a day.

Can you make 100k a year trading options?

Im not sure what you mean by make 100k a year trading options.

This article broadly covered the following related topics:

  • how to make money online without paying anything
  • how to make money online for free
  • how to make money online for beginners
  • make $100 a day guaranteed
  • how to make money from home
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