Rob Booker's latest course is
called Automatic Income.
I got the course and in this video,
I will show you what exactly
is inside the membership of this
course.
What is behind this automatic
income and is it really
possible to make
$800, a $1,000 or even
$1,400 as Rob
Booker claims or
is this a marketing gimmick?
Now, in order to see whether he is
right or wrong, I will analyze
one of his trade recommendations in
detail and actually
place the trade.
So let's get started.
First of all, what is Rob Booker's
Automatic income?
Well, it all started with a bet
between Rob Booker and a Wall Street
hedge fund manager.
Hedge fund manager believes that you
need insider knowledge to
make money with trading, while Rob
says that anybody can make
money with trading.
And the wager for this bet is
$10,000.
And the hedge fund manager tells Rob
that he needs to go to Alabama
to show ordinary people
how to make money with trading.
Now, a film crew is following Rob
while he's walking around Gadsden,
Alabama, and shows people
how to make automatic income of
$800, a $1,000 or even
$1,500 by simply swiping
up on their phone.
So what's behind this
magic swipe?
You like my sound effects?
Anyhow, I got my hands on Rob's
latest course so let's take
a look inside and find out
what's behind.
All right. So here's the website,
and after logging in, you
will see the member's area.
And here it is, Rob Booker's
Automatic Income.
Let's see if it lives up to its
name.
We will look at all the other
stuff here in just a minute, but
right now, I want to see how
I can make $1,500
like Gary, the electrician in
Alabama.
So this is why I want to click on
money morning paydays, because this
is where the trade alerts are there.
Anyhow, we will look at all the
other stuff here in just a moment.
But let's do this first.
All right, so here's the trade
recommendation for January 5th.
That's a Sunday.
And that's Rob's promise.
He and his team will publish the
trades on Sunday.
Now, Rob started selling his course
yesterday, on Monday, January
6th. And I got the course too
late yesterday to place the trade.
So, today, as I'm
recording this video, it is January
7th. Let's see if the trade
still works a day later.
So let's see what
exactly he wants to do there.
Ok, here it is.
Trade number one, Target.
Let's see.
OK.
Now this makes sense.
He is trading credit
spreads.
Now, let me switch to full screen
here then I can explain credit
spreads, because if you're new to
trading, here is
the concept of credit
spreads.
First of all, you are trading
options, which is great because you
can trade options with a rather
small account.
And in this case, you are trading
two options at the same
time, you're selling an
expensive option and you're
buying a cheaper option.
Now, here's the kicker.
Since you are selling a more
expensive option and you're buying
a cheaper option the difference
is being deposited into
your trading account.
And that's why Rob calls it Monday
Morning Paydays.
The idea is that you put on the
trade on Monday morning and the
money is being deposited into
your trading account.
Sounds awesome, right?
Well, it is if the
underlying stock does what Rob
thinks it will do.
So let's take a look at this trade
in more detail.
All right, so let's see, Rob wants
to trade options on Target
and he wants to sell,
as you can see here, sell
the 118 put and
buy the 115
put. So he chooses expiration
of January 17th and
that expires in 10 days.
So basically what he
does with this trade, he's betting
the target stays above
118 for the
next 10 days.
So let's take a look at the chart.
Let's take a look at Target here.
So here's Target right now trading
at 123.70 and
as you can see, I put down the 118
line here and we want to stay above
for the next 10 days.
Is that possible?
Yeah, absolutely.
That is possible.
So let's go back here to his
website.
So he wants to make at least
$0.39 per option.
Now since options are trading and
100 packs that's
$39 per option.
Well, $39
is not exactly the
$880 dollars that Jeremy in Alabama
made. And it sure isn't $1,500
like Gary, the electrician made.
So let's analyze the trade
a little bit more and see how we
can make at least,
let's say $400,
right? Why not?
All right, so this here is my
trading platform.
This is a live account, because I
promised you that we will place a
trade in my account.
And here you see the order, exactly
what he said.
We want to sell the 118
put and buy
the 115 put.
And since we would only get right
now, I mean, he wanted to get at
least $0.39
right now we'll be able to get
$0,41.
But again, that would be only $41.
So let's, let's trade at least
10 options here, because when
we trade 10 options,
then at least we have a chance to
make $400.
And what I want to do is here
analyze the risk graph.
Actually, let's do this.
So here if we would place the trade
right now, $420
would be deposited into my account.
And we'll do this in a moment.
And in order to do this, my
broker requires me to
put $3,000, so I have at least
$3,000 in the account.
Now, this account here is right now
at $7,980.
So after some commissions,
it would be at
$8,375. So $395
will be deposited in the account.
Again, this is if
everything goes right and
Target stays above 118.
So let's take a look at the
performance profile for just
a moment here.
And again, if you're new to trading,
it might be a little bit confusing,
but bear with me we'll place the
trade in just a moment and see what
happens. So, as you can see here,
the trade is
profitable as long as Target
stays above 118.
But also we see Rob
is actually, let me switch over
here, suggesting a stop
loss, meaning
that he says get out of this trade
when it goes down to $117.89.
Now, let's go back to my trading
platform.
When we go there.
It's on the bottom here, right
here. Let me see if I can highlight
it.
So if it would go down to this
price, we would lose
$80.
That's not bad at all.
And we also see that the
profit probability is
82%.
So not bad at all.
You know what?
Let's place this trade
and let's see what happens.
OK.
So here we do
override and transmit.
There we go, you see right here, it
says bought 10 Target
$118, sold it for
$115 and
$410 has
been deposited in my account.
OK, so yeah, that was easy.
It is not really the swipe
up, mainly because I'm using
a different platform than
Rob does, so
Rob uses I believe it's Robin Hood.
I'm using Interactive Brokers here.
So anyhow,
$400 has been deposited in my
trading account and
you have seen it.
I needed $3,000 and that's
not bad at all because $400
over $3,000 that's 13%
in 10 days.
As long as Target
stays above 118.
Now, before we go back to the
membership site and see what else is
in there let me ask you, is
this helpful thus far?
Because if it is, click on like
and subscribe to my channel, because
this way you see more videos like
this. OK, so right now,
let me take a look at the membership
site again.
All right, so here is what
you get we were at the trade alerts.
This is where you get the actually
alerts.
Then you have a Monday morning hot
sheet. This is
Rob's PDF for generational wealth
was one of the bonuses, I think it's
pretty cool.
The no tax is due briefing.
I think this will be super helpful
once you start making money
with trading and want to make sure
that you keep the money.
They actually do publish a track
record. That is pretty cool.
Let's take a quick look at the track
record here and you see
right now the
Target trade that I just
put on, he also says, is still open.
And here are
all the trades and you see it's
pretty much in line with what I
promised you.
So I said on this trade we would
make 13%.
So here he made
16%, 13%, 10%,
12%, 25%, 14%,
14% and then he had a loss
of 51%.
So losses happen as
well.
But OK. Oh, that's super helpful to
have a track record here.
Now, again, this video
here, I don't want to teach
you exactly how to do everything,
but you see this what Rob does here.
He says how to trade an option,
other trading education and
tutorials, what brokerage
to use. Again, I'm using Interactive
Brokers, I believe Rob is using
Robin Hood, but he'll discuss
it in detail here.
So as you can see, it's all
super helpful.
So now the key question is, should
you invest in Rob's course?
Here's my opinion - yes,
and here's why.
As you have seen, it is a solid
trading strategy.
I just deposited $410
in my trading account and you only
needed a $3,000 account to do
this. And there's a ton of
information here in this course.
I remember that there were several
other bonuses, but I already forgot
because the real meat is in
these alerts.
Now, why do you need these alerts?
Because you need somebody who
is analyzing the trades for you to
find the right stocks
to trade and the right options to
trade. Don't do this on
your own. You will get hurt.
Trust me on this one.
Now, the cool thing is Rob offers a
30 day money back guarantee.
And as you can see, these trades
only last 10 days.
So let's see, 30
day money back guarantee a trade
last 10 days...
As you can see, you'll definitely
know within 30 days
if it is working for you or not
right? And this what the money back
guarantee is for. So I'd
say give it a shot.
Now I'll post a link in the
description if you want to check it
out. And if you found this helpful,
make sure that you like this video
and subscribe to my channel and also
hit the little bell because this way
you get notified whenever I release
a new video.
Hope this helped.
If you have any questions, leave a
comment below and I'll talk to you
soon.