A new day, a new challenge. The Daily Profits Challenge is the ultimate trading game for individuals who want to make money online by following the stock market.
Hello, and thank you for visiting. Today, I’ll share my thoughts on Ippolito, Lance’s “Daily Profits Challenge” and “Daily Profits War Room” to help you determine if it’s worth it.
Members of Lance Ippolito’s “war room” get to witness the precise transactions he’s making in a live format four times a week for approximately an hour, according to him. And according to reports, some of his suggestions resulted in profits of 30% in five minutes and 3,000% in five hours.
Is it true?
Profits Every Day War Room is a legitimate trading service operated by WealthPress’ Lance Ippolito, and it has a 14-day return guarantee, so I don’t think it’s a rip-off. However, there is no assurance that you will earn money with the service, much less millions of dollars, and there are dangers.
Continue reading for the rest of my review.
Presentation of the Daily Profits Challenge
I originally learned about the Daily Profits Challenge via an email that sent me to a WealthPress presentation starring Lance Ippolito.
https://secure.wealthpress.com/sf/daily profit war room daily profit war room daily profit war room daily profit war room daily
Lance discussed how he became a wealthy trader and how, as part of the Daily Profits War Room service, he suggested many successful transactions before major media sources picked up on it.
According to Lance, some of his suggestions have witnessed increases of 30 percent in five minutes, 236 percent overnight, and 3,000 percent in five hours, to name a few examples.
These are, in my view, some fairly big statements.
Even a 30 percent gain in five minutes is substantial, provided you can regularly repeat a transaction like this. This may not seem like much, but it’s a significant gain in percentage terms for a five-minute transaction, particularly since the S&P 500’s average annual return is about 10%.
The issue is, how much do members gain on average?
Lance does offer a snapshot of 20 of his trade suggestions, implying that these are the kinds of profits Daily Profits War Room members can expect to see on a weekly basis, but he doesn’t specify what the average gain is.
This is significant because the average gain takes into account both winning and losing transactions, providing you a more realistic view of what you may anticipate as a member.
On the positive side, as a member, you get access to previous trading session replays, which you may use to evaluate how his suggestions have fared over time.
What criteria does Lance use to choose the stocks he recommends?
In his presentation, Lance doesn’t go into great detail about his approach, but he does mention that his suggestions are based on his “Shadow Blitz method.”
What is a “shadow blitz,” exactly?
Lance Ippolito uses the phrase “shadow blitz” to describe a “odd collection of transactions” that indicates to him when a stock is going to surge higher in a couple of hours, as I explain in my evaluation of another service he operates, Weekly Blitz Alert.
Lance’s “shadow blitz strategy” is basically the method he use to find trades with significant upside potential in the near term. And after he’s found a “shadow blitz” deal he likes, he shares his suggestion with Weekly Blitz Alert subscribers.
Lance also utilizes the “shadow blitz” method to find trading chances that he shares with members of the Daily Profits War Room, as it turns out.
The Daily Profits War Room: An Overview
The Daily Profits War Room is a new trading service run by WealthPress’ Lance Ippolito that aims to assist users make double and triple-digit profits in under 24 hours.
Lance defines the war room as a “exclusive club of traders” that he personally mentors as they work to become great traders, and he believes the service has two primary objectives.
According to Lance, the primary objective is to assist users with “cashing out large daily gains in as little as a few minutes, hours, or even one day.” His second ambition, he claims, is to be “the guy who has produced more six-figure and million-dollar expert traders than anybody else.”
What is the mechanism behind it?
The basic premise is that you join up for the service, watch the four weekly live trading sessions, then select which (if any) of Lance’s trade suggestions you’ll implement using your own brokerage account. So it all boils down to following Lance Ippolito’s trade suggestions.
Lance claims that his suggestions are based on his “shadow blitz” methodology, which I detailed in my evaluation of his Weekly Blitz Alert service.
In a nutshell, Lance’s approach entails his finding stocks with strong upside potential over the next 24 hours and sharing them with members of the Daily Profits War Room. If it’s anything like Weekly Blitz Alert, the approach will include option trading.
Options trading may be more complicated and riskier than normal stock trading, depending on how you approach it. Options are derivatives of the underlying asset (such as stocks) that enable you to bet on the price (up or down) without actually buying the item.
On the positive side, options may help you convert a modest investment into considerably greater profits than purchasing ordinary shares, provided you know what you’re doing and make the proper bets.
On the other side, it’s easy to get overwhelmed with choices. Because if you purchase a call option and the stock price falls, you may rapidly lose all of the money you put into the transaction. Buying shares, on the other hand, ensures that you retain ownership of the stock, which may rise in value again in the future.
Of course, there are advantages and disadvantages to consider, as well as various choices methods to use, which is why it’s critical to educate yourself on how options operate.
Anyway, my point is that it is possible to earn a lot of money trading, but it is not as simple as pressing a few buttons; you must properly educate yourself or risk losing your money.
What Are the Benefits of Joining?
The primary benefit of being a member of the Daily Profits War Room is having access to four live trading sessions each week, when Lance Ippolito discusses his newest trade idea.
In all, 192 trade suggestions are made each year.
Members receive access to recordings of every trading session Lance has done inside the war room, so you can study his technique and examine his track record in addition to Lance’s trade suggestions.
You’ll also get text message notifications to keep you up to date, as well as training to help you prepare for live trading sessions and make the most of his suggestions.
The following is a list of everything you receive as a member:
- The Daily Profits War Room is available 24 hours a day, 7 days a week.
- Trading session recordings from the Daily Profits War Room
- Alerts by text messaging
- The Master Guide to Daily Profits & Trade Setup (training)
- Private Vault of Shadow Blitz (more training)
Finally, as I’ll describe in the following section, you’ll get access to the “Daily Profits Challenge,” which is essentially a “reward” that you can “earn” by actively participating in the war room trading sessions each week.
What is the Daily Profits Challenge, and how does it work?
According to the WealthPress website, every time you attend a live Daily Profits War Room trading session, you will be given a “challenge ticket” that will enter you into a drawing to win the Daily Profits Challenge, which is a free trip to Florida to meet Lance in person.
Lance claims that at the end of each year, he chooses “one fortunate trader” from among all those who have earned a “challenge ticket,” thus the more tickets you have, the better your chances of being chosen.
In and of itself, I believe this concept is really interesting since it encourages members to attend weekly trading sessions because the more you go, the better your chances of winning the “challenge” grow.
But whether or whether it’s worth it to win the vacation to Florida is a another matter. To give you a sense of what the event involves, here’s how Lance explains it on the website:
We can smoke great cigars, drink pricey bourbon, hang out on the boat, go fishing… anything you want if you’re up for it.
And, of course, we can talk about how we can boost your trade and take it to the next level.
https://secure.wealthpress.com/sf/daily profit war room/?inv effort=MID0030328&step=seps1a int Lance Ippolito (source: https://secure.wealthpress.com/sf/daily profit war room/?inv effort=MID0030328&step=seps1a int)
How much does it cost to become a member?
Depending on the membership level you choose on the WealthPress purchase page, entering Daily Profits War Room costs either $299 per month or $3,299 per year.
When you do the calculations, it does turn out to be cheaper to pay for a year in advance ($289 savings), but that’s still a significant amount of money.
Even if Lance’s trade suggestions perform half as well as he promises, the money you might earn in a year would be a drop in the bucket.
There are no assurances, however, that the service will earn you any money at all at the end of the day. In reality, like with any trading business, there’s a chance you’ll lose money.
Is it Possible to Get a Refund (Actually)?
Most WealthPress services I’ve seen over the years haven’t come with a money-back guarantee. Instead, if you’re unhappy, they’ll give you a “refund credit” to spend on another service.
This is the first time I’ve seen a WealthPress service that provides a return in cash. So, if you aren’t satisfied with the service during the first 14 days of enrolling, you may ask for a refund. However, the small print on the order page seems to include a “catch”:
Subscribers will have 14 days from the date of purchase to cancel their goods or services and get a full refund, less the cost of a tangible premium item delivered to them.
“What luxury thing are they talking about, and how much does it cost?” was my initial reaction after reading this.
This information is also not accessible on the WealthPress website’s “refund policy” page. As a result, I have no clue what this “luxury item” is or how much it costs. It’s not stated anywhere on the presentation page, purchase page, or return policy page, unless I missed it.
So, before you join, talk to their customer care staff about this since, from what I gather, it may affect how much money you receive back if you seek a refund.
Lance Ippolito: Who Is He?
Lance Ippolito is the primary trading expert behind Daily Profits War Room. He is a former hedge fund trader who worked for a major investment bank named Citigroup.
Lance’s speciality, according to his WealthPress profile, is “earning huge sums of money in short periods of time,” and he has created his own program to assist him identify major market movements.
Lance’s Weekly Blitz Alerts service is arguably his most well-known, yet for some reason, it does not appear on the WealthPress website’s page listing Lance’s services.
Instead, according to his website, he provides the following services:
- Breakout Calendar for Blockbuster Blockbuster Blockbuster Blockbuster Blockbuster
- Profit Surge Alerts in 3D
- Profits in 2 Clicks
- Stocks in the Sweet Spot
- Wealth’s Future
Each service has a distinct price point and caters to various kinds of traders/investors. The last item on the list, Future of Wealth, is a free weekly in which Lance discusses recent market developments in biotech, finance, and electric cars.
Lance’s Youtube channel is called Future Of Wealth, and it’s where he offers his trading tips and insights on a weekly to monthly basis.
What exactly is WealthPress?
WealthPress is a financial publishing business that publishes trading and investment services with the help of financial experts such as Lance Ippolito, Tom Busby, and Roger Scott, among others.
It’s unclear who founded the business, although Conor Lynch is listed as a co-founder on the WealthPress website. Morgan Busby is the owner, according to the Better Business Bureau website. So I’m assuming Conor and Morgan are the WealthPress co-founders.
In any case, the business was established between 2016 and 2017, is headquartered in Florida, and is one of the most popular financial education organizations out there, as far as I can tell.
The Daily Profits War Room is a trading service that offers you access to four live trading sessions each week, where you can watch Lance Ippolito place his trades in real time.
You’ll also receive training, trade alerts, access to the “war room,” where you can interact with other traders, and the opportunity to win a trip to Florida to see Lance in person.
On the bright side, $299 isn’t a big investment given the 14-day money-back guarantee and Lance’s estimate that each suggestion only costs around $120 to trade. The Daily Profits Challenge is also appealing to me because it encourages you to be more active, and the more active you are, the more likely you are to learn.
However, I am not a fan of some of the hoopla around earning large profits in a short amount of time since this is not the case for most traders. And, unless I’m missing something, Lance doesn’t provide his full track record with this service; just the highlights are revealed.
Even though 238 percent profits are conceivable, you should anticipate to lose money on certain transactions. This is the truth for every trading or investment service, which is why I always look at the program’s average gains (wins and losses).
In any event, I chose not to join Daily Profits War Room since I didn’t think it was right for me, but it’s entirely up to you.
In any case, I hope what I’ve said here has helped you make a better educated decision, and do leave a comment below if you’d want to share your thoughts on it.