Rating
Introduction
Bullseye Trades is a financial analysis platform run by Jeff Bishop, an experienced trader and financial expert. The platform helps investors identify and track potentially profitable trades by providing access to real-time market data and expert commentary.
There are thousands of stocks and options trading on different exchanges at any given moment. And so, it’s virtually impossible to keep up with all events taking place unless you’re a robot that is.
Luckily, that’s what alerts services like Jeff Bishop’s Bullseye Trade were built for. Jeff has been trading stocks, ETFs, and options for close to two decades now and has developed a proprietary strategy that enables him to stay on top of things almost all the time.
Now, when you join his weekly alerts system, he not only sends you information about which trade he's planning to open but also educates you so you can be confident enough to develop your own trading strategy in the long haul.
His service is hailed as one of the best out there currently. Plus, there are tons of reviews on independent platforms that seem to support this belief. But just how efficient is the service? Is it worth subscribing to?
What Is Bullseye Trades?
The name Bullseye simply refers to the center of a target. In archery or darts, players who manage to hit the bull’s eye get the highest possible scores.
The same logic applies in the world of stock trading. Traders who manage to make well-thought-out moves also tend to achieve better outcomes over time.
And that is precisely where Bullseye Trades comes in. A program developed by a wall street trading veteran; it aims to fine-tune your trading game through constant education.
As a subscriber, you’ll receive a trading idea each Monday morning before the markets open. This idea captures what the veteran trader Jeff Bishop will be trading or tracking for that week.
The Monday morning alert is so detailed that the guru even identifies the price at which he'll be entering the market, where he'll put his stop loss, and so forth.
Other than this weekly alert, Mr. Bishop also provides tons of learning resources and weekly live sessions for those looking to tap into his wisdom
About the Creator: Jeff Bishop
Before we get deeper into what the product entails, who is this Jeff Bishop we keep mentioning? Well, Jeff prefers to describe himself as a Wall Street trading veteran boasting more than two decades of hands-on trading experience.
He is a millionaire investor who has carved a niche for himself in the vast options trading market.
Besides having a bachelor's degree in finance and economics from the University of Texas, Jeff has been featured in leading financial publications such as Yahoo! Finance, Forbes, and US News. One of his greatest achievements is the formation of the Raging Bull company, which he did in collaboration with Jason Bond.
Raging Bull is a fast-growing brand that focuses on options/stocks trading and is associated with services such as Jason Bond Picks.
What You Get in Bullseye Trades
One thing you can expect with this alerts service is simplicity. Unlike other services out there, you don’t have to spend long hours studying this system to figure out the basics.
Jeff has made it super easy for beginners to settle down fast so they can make the most of their subscription costs.
Some of the key features of the Bullseye Trades program include:
1. Weekly Bullseye Trade
This is the main idea behind this service. Every Monday morning before the markets open, the service sends you an email or text message with a trade idea.
The alert typical comprises information about the stock or ETF Jeff is looking to trade for that week. Besides that, it lays out the reasons why he settled for that particular stock or ETF.
Likewise, on weeks when he finds more opportunities in the options world, he shares the exact options contract he’s eyeing.
Jeff normally uses technical and fundamental analyses to arrive at his decisions (which he then communicates to his vast audience).
Besides sharing his trading idea for the week, he identifies his preferred entry price, his take profit (TP), and stop-loss (SL).
2. Mid-Week Update
The market is not always predictable. In some cases, some trades take weeks to close. Others go completely against expectations before finally rallying toward the take-profit (TP) line. It can be a roller-coaster, that's for sure.
It is for this reason that Jeff decided to roll out a new addition to his mid-week update program.
Each middle of the week, he sends communication on whether he's still in the trade or not. Besides that, he also provides an update on how the stock has behaved since Monday and how different sector-level and market-level activities have affected it.
One thing you get to learn from this routine update is the psychology of trading. For example, you learn how to remain composed and focused even when the market seems to be going against your short-term expectations and so forth.
You also learn the art of accepting losses, when to safely exit the market, and so forth.
3. Launchpad Training Series
Even though the weekly alerts service along is enough to give you a sense of direction, it does not teach you everything you need to know to become an independent trader. And this is where the launchpad training series comes in.
The complementary service focuses on 5 main topic areas namely: the basics of technical analysis, options fundamentals, comparing bullish options strategies, the art of trading large-cap stocks, and the anatomy of momentum stocks among others.
Although the five main topics form part of the core course, Jeff constantly adds new lessons to the series from time to time.
4. Live Weekly Bullseye Update
Sometimes it’s better to have a one-on-one interaction with your trading instructor so you can ask them questions or even watch them do their thing.
The Bullseye Trades weekly live update is available on the Raging Bull’s Master’s Club platform at least once a week. The Master's Club is an exclusive education chatroom that's open from Monday to Friday (during business hours). That said, the well-known trading instructors like Jeff Bishop and Jason Bond are not always available – although they show up live at least once a week.
This is a well-thought-out add-on service to the Bullseye Trades program.
5. Customer Support
This is a crucial part of any trading alerts service, and Bullseye Trades seems to have done its homework on this frontier too.
Their customer support team works under the Raging Bull LLC umbrella. You can reach them via live chat, phone, or email.
The team handles a range of issues, including technical ones or those to do with the trading strategy.
Unfortunately, all your messages are handled by a dedicated team of customer support staff and there’s no direct access to Jeff Bishop or Jason Bond unless you sign-up for a plan and wait for them to show up for one of their live courses on the Master’s Club.
Of course, some of the messages sent via the RagingBull platform are eventually forwarded to the duo but that isn’t always guaranteed and can take time.
How It Works
One thing we’d like to clarify is that Bullseye Trades does not seem like a perfect fit for day traders. We think it was designed with swing trading in mind.
By only sending out one trading idea per week, the program seems perfect for anyone looking to trade less often but still wants to make the most of the available opportunities.
How does Bishop settle on his best trade? Well, he uses a proprietary method that combines both technical analysis and fundamental analysis.
That said, he has severally acknowledged that he regularly uses the simple moving average (SMA) technical analysis to make some of his moves.
Pricing and Payment Plans
The program was originally priced at $399 but is currently retailing at a limited-time discount of $97 for our readers.
That translates to $8 per week or 26 cents per day. That’s ten times cheaper than your average cup of coffee, right?
Considering that this is a program developed by a seasoned trading expert, we feel that it is quite reasonably priced. In fact, it's a steal at its current price.
Who is this service best suited for?
If you prefer to open trades and hold them for a few days i.e., swing trading, this alerts service is for you.
Another thing, this program is designed for those looking to expand their scope of knowledge. Jeff has done a good job of providing some well-thought-out courses that are informative and beginner-friendly.
The program is, however, not suited for anyone looking for a way to get rich quickly. Also, it might not make much sense for anyone who is highly active in trading and prefers day trading over swing trading.
Is It Legit?
Yes, it is, and we shall tell you why. First, the founder is Jeff Bishop, who is not only a veteran in options trading but is also a well-known self-made millionaire. So, there is little reason for him to come after your money.
Also, the service is highly affordable at $97 per year. When you break down this amount into monthly or weekly payments, you will see how cheap it is. Wouldn’t a scam ask for more?
Scam artists typically prefer high-pressure quick returns kind of marketing as opposed to the 52-week approach employed under the Bullseye Trades program.
Another thing is that the service features Jeff Bishop’s live weekly sessions, at no extra cost. Most scam artists prefer to hide and often use fake identities to protect themselves. They’d certainly never conduct live training sessions as that would make them easy to find by the authorities.
Pros and Cons
As we conclude, we will touch on both the advantages and drawbacks of this service. Let’s briefly check them out.
Pros
Cons
Conclusion
Jeff Bishop has been one of the most consistent stocks, ETFs, and options traders out there. His Bullseye Trades product is an embodiment of his belief in hands-on trading.
Are you looking for an opportunity to learn and build your confidence in matters trading? This is certainly a program worth taking a look at.
It doesn’t matter how big or small your trading account is right now. If you feel like you can do with a bit of mentoring from the best in the business, look no further.
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