David Jaffee with BestStockStrategy.com and in this video we're going to do a
review of the Real P&L channel and Karl Domm's course
His five-step option trading course
Karl is a youtuber but more importantly he's actually an options trader he has
about 25 years experience i first came in contact with him because
he would comment on some of my videos and i was always very surprised and
taken back by how extremely knowledgeable he was then he
opened up a youtube channel and he does great reviews here's a review he does
on skyview trading then he did a review on roger scott he actually takes their
course and does extensive videos with
great details on providing you the pros and cons of the system
i know he did a review on dan parker he actually did a review
of me as well he did an amazing review on anton creel
which was actually much more in-depth than my review
where Karl actually purchased his course and Karl validated a lot of the findings
that i had in my video as well so Karl's been trading options for about
25 years and he decided to come out with a course
to teach his methodology and his training one of the
best things that i really respect and like about Karl Domm is that
he shows his real p and l and very few people do that
he shows his real p&l he actually used to show it i believe every single day
now he shows it like once a month and i think it's
really admirable because so many people do not do that
and Karl trades the SPX index option that's also fantastic
because he's not trying to trade a low float stock where many
gurus front run their subscribers additionally
when you make money with the spx because it's a 1256
contract it's actually more advantageous from a tax perspective
than trading individual underlyings that being said though personally i
prefer trading individual underlines primarily because
there is usually more premium available with those underlyings but with the spx
you have tremendous amount of liquidity you have the tax advantage status and
you also have different expirations than you would with individual
underlyings so let's now delve into his actual course all right here's
Karl Domm's course and what Karl's done is he's back tested
around 300 options trading strategies and i
think that one of the amazing things about this
is the simplicity he encourages his students to only trade spx
and one of the biggest recommendations that i make to my students is to reduce
the number of underlyings on their watch list
they are opening trades into underlyings that they have
no business initiating this oftentimes leads
to substantial losses and a lot of stress as well
Karl pairs this down by significantly reducing
all of the guessing that goes into initiating a position and opening
position because the only thing he's trading is spx
i think one of the great things about this program is that you're going to
earn around 14 and a half percent a year but
one of the amazing things is that your maximum drawdown is going
to be about five percent you're going to experience
around twice as much returns as you would by being invested
in the S&P 500 index but you're also going to
experience only one quarter of the volatility risk
and one of the primary reasons why you're going to make money is that you
are going to be able to profit from the theta decay
and also from the mispricing of options given that the actual volatility is
almost always less than the expected volatility
now while we know that actual volatility is less than expected volatility there
are also one to two times a year where there's
usually a massive volatility expansion Karl's system takes this into account
and protects you against those large volatility
expansions by having you trade spreads and also
having you buy a put option to protect yourself
against a black swan event that is one of the primary reasons why
coral system realizes one quarter of the portfolio volatility
when compared to the s&p 500 the other thing that i really like about
Karl's system is that it's incredibly simple
it only takes about five to ten minutes a day
he walks you through a checklist and it's very easy to set up
you put on a few trades you then wait once a trade is actually
executed you immediately put in a closing order
at your defined profit target and then you basically
rinse and repeat and do the same thing over Karl also has a bunch of videos
regarding managing the position if it goes against you
i think that his win rate for his system is about 75 percent
but most importantly he is able to control the massive portfolio
volatility that comes along with selling options so yes
you're not going to earn 40 to 50 percent a year but at the same
time you are going to be able to earn twice
as much as the s p 500 while also realizing
one quarter of the volatility that's typically experienced
with the s p 500 so in my opinion i highly recommend this program i have
tremendous respect for Karl he's one of the few people
who shows his p l he used to show it on a daily basis now he chose it on a
monthly basis he's back tested 300 options trading
strategies and he's chosen the best one that
provides the highest amount of risk adjusted
return while also being the most simple to execute without that much
decision making on the student's part instead you just simply
follow a very easy checklist and then you rinse and repeat and then you take
your profits i definitely recommend this program this
program costs 997. he's also running a special right
now where we're getting 500 off i don't know
how much longer that's going to last it's probably not going to be there if
you're watching this video towards the latter part of 2020 but
because the course is new then he is running that special
and as far as additional information you can see that the
course price is 997 dollars you're also going to get free bonuses you'll get his
book an audio version a portfolio of all markets which is a 30
value you're gonna get free access to Karl
which his Facebook group usually charges $297 dollars a month
so typically the retail value of this is $1,324
and you're only going to pay 990 that's a savings of 327
here are some testimonials um so yeah i mean basically
what i want to say is that there are a lot of fake gurus out there
Karl Domm is someone who has incredible intent
he is an exceptionally bright guy who back tests all of his data
he's looked at 300 trading strategies and he is providing you
with a system that will be able to make you
about 14 and a half percent 15 a year with minimal drawdowns that are
about 25 the drawdowns of the s
p 500 so i definitely think that this is a great system
it's extremely easy to use i went through the
videos myself and it's just very simple additionally
Karl is very accessible he'll answer your emails
quickly i do have an affiliate link for this program
he's one of the only people that i trust and respect as an options trading
educator Karl also has really good intent where
he has made videos to help people avoid losing money and wasting their time on
trading systems and options trading strategies that do
not work and i just can't recommend this highly enough i
definitely think that you should get in before he raises the price
now i i guess for drawbacks is this a sexy system
no it's not you're going to earn 14 and a half percent a year
and if you're someone who likes to be very active
then it's possible that this system is not for you because
with this system you're only going to be making a trade about
once every two weeks however from a risk-adjusted return perspective
this system is incredible i know that Karl is going to be raising the price
later on so i highly recommend that you purchase his system you can use it as an
adjunct to mine if you so desire and please use
the affiliate link because as many of you guys know i
create very few positive reviews i've given a positive
review to chris butler from project option
and now this is my second positive review to
Karl Domm from the Real P&L channel and i just really
want to support him because i believe that he has incredible intent
he has great knowledge he is eager to help people succeed he is
very responsive when it comes to replying to his students requests
via email and i think that it's important to support people who have
good intent who can teach you a legitimate way to
earn consistent returns in the market because many people have to think
long term when they're looking to trade many of these day traders who try to
earn a thousand percent a year they're not
going to be here after six months Karl provides you with a sustainable way
to earn very high risk adjusted returns so
i highly recommend him i went through his entire course
and i think it's very simple to execute i think it's very easy to follow
it doesn't take that much time and congratulations Karl because you have
received one of the few positive reviews that i've ever given on my channel
this is David Jaffee from beststockstrategy.com and
this has been a review of Karl Domm from the Real P&L
channel