Disclaimer: This content is based on my opinion and information available online in the public domain. It does not constitute financial, investing or other advice.

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MY #1 RECOMMENDATION

There's Really Only ONE Stock Picking Service I Recommend

It showed me how to 4X the S&P 500, invest better, and grow my wealth - without having a degree in finance. All it takes is just a few minutes each month to multiply your net worth. Hit the button below to learn more:

Rapid Profit Trader Review (Is It The Real Deal?)

Hello and welcome to my review of Rapid Profit Trader.

I discovered Rapid Profit Trader after watching an online presentation featuring Paul Mampilly. He says you could turn a $5,000 investment into $200,000 within a year with his system.

Which is an exciting prospect considering Paul's track record.

But is it really legit?

Well, I decided to take a closer look to see what I could find.

And what I found was that Rapid Profit Trader isn't a scam. It's a real service created by Paul Mampilly and Banyan Hill, that provides you with one new options trade recommendation each week. Along with other resources aimed at helping subscribers trade successfully.

Would I recommend it?

Well, the truth is, after reviewing 100's of stock picking services over the years, there's really only ONE service I recommend. It showed me how to 4X the S&P 500, invest better, and grow my wealth – without having a degree in finance. And you can see exactly how it works here.

That said, Rapid Profit Trader is a legitimate service and could be worth checking out if you have a spare $2,995 and want to learn how to do short-term options trading.

What Is Rapid Profit Trader About?

Rapid Profit Trader is a service developed by Paul Mampilly of Banyan Hill that shows you how to do options trading. As a member, you get access to weekly trade picks from Paul and his colleague, Ian Dyer, as well as training and insights to help you become a successful trader.

You also get regular trade updates to keep you informed about what's happening with the positions Paul has taken. Which is helpful since a lot can change within a short period of time, especially when you're trading options.

So the idea behind Rapid Profit Trader is fairly straightforward. You signup to get access to Paul Mampilly's trade picks and insights, with the aim of turning a small stake into potentially much more than this. Of course, there are no guarantees, but that's the idea.

One of the good things about Rapid Profit Trader is that you don't just get a bunch of stock picks and that's that. As a member, you are in a position to receive some really high value insights from Paul that you could use to become a successful trader and investor yourself.

Which I think is always better than just blindly following someone. I've tried doing that, multiple times, and it has always ended up just costing me money in the end.

How Does Rapid Profit Trader Work?

There are three main steps involved in the Rapid Profit Trader system:

  1. Find a good ETF
  2. Pick the right stock within that ETF
  3. Use stock options as a way to increase the payout and reduce risk

As you can see, it's pretty straightforward. But actually making this work is another story, which is where Paul's insight and experience comes into play.

In the first step, he looks at the momentum of a given ETF to make sure it's the right fit for his strategy. And incase you're wondering, an ETF (exchange traded fund) is basically just one asset you can trade that tracks a group of individual stocks.

And to ensure it's the right fit for Paul's strategy, he says he ensures it passes his three rules of trajectory, consistency and profitability. And if it does, it gets shortlisted for the next step.

Related: See how complete beginners are outperforming the market 4-1 with proven stocks

The second step is all about finding the best stock within that ETF. Paul says he trawls through the data to find a winning stock within a given ETF that warrants closer analysis.

And the third step is about identifying a stock that has the potential to profit within 23 days on average. Which Paul says is possible with the use of stock options.

Options trading is basically a way to speculate on price movements, without actually buying the underlying shares. The good thing about this method is that you can potentially turn a small amount of capital into a much larger gain thanks to something called leverage. And you can profit whether it goes up or down in price.

The downside is that it can be very risky. And if the trade goes wrong, you lose your money and have nothing to show for it. Unlike if you owned real shares in a real company, even if the price goes down, you still own it. So there's the chance it go back up in price one day.

How Much Can You Make With Rapid Profit Trader?

According to Paul Mampilly, you could turn a relatively small stake, like $5,000, into $200,000 or more within a 12 month period with the Rapid Profit Trader system.

Which is a huge gain in such a small amount of time.

Of course, there are no guarantees you'll make that money though. This is just what “could” happen if everything goes according to plan. Which, in the world of trading, it doesn't. So you shouldn't join this expecting to get rich quick or without understanding the risks.

How much does Rapid Profit Trader cost?

The cost of joining Rapid Profit Trader is $2,995 per year. Which, if you make the kind of money Paul talks about, is a small price to pay. But you should also factor in the money you need to participate and take action on Paul's recommendations.

What Do You Get as a Member?

The main benefit of joining Rapid Profit Trader is getting access to Paul Mampilly and Ian Dyer's weekly stock picks, as well as their insights into the trades they are interested in.

That's no doubt why many people join the service.

But as I mentioned earlier, you also get access to some training to help you become a successful trader and investor yourself, so that you're not just blindly following someone's trade recommendations. And this, I think, is super important.

The training also shows you how to do the basics, such as setting up your trading account and so forth, to get you in the game as quickly as possible.

Who's Paul Mampilly?

Paul Mampilly
Paul Mampilly

Paul Mampilly is the man behind Rapid Profit Trader and other popular services like Profits Unlimited that he provides for the company he works for, Banyan Hill Publishing.

Paul is an expert investor who, according to his profile on the Banyan Hill website, has made lots of money investing in the stock market over the past 25 years.

The story goes, he started out as an assistant portfolio manager for Bankers Trust, before moving on to work for companies like ING and the Deutsche Bank, among others. At one point, he helped take a hedge fund from $1.3 billion to $25 billion, which led Barron’s to naming it one of the world’s best hedge funds.

He’s also managed to build up an impressive portfolio of his own. For example, he was an early investor in Facebook and Netflix before they took off and made a killing as a result.

So, based on his track record, Paul has a knack for identifying emerging tech trends and investing in the companies that are poised to profit when the technology takes off.

Is he the real deal?

Paul Mampilly is a real investing guru, he’s been doing this for over two decades and has worked with some of the biggest companies, banks and hedge funds in the world. He’s also been featured on CNBC and many people speak highly of his newsletters.

Also worth mentioning is that Paul works with a man named Ian Dyer to provide this service. And he's one of the top analysts and editors at Banyan Hill Publishing.

Is Rapid Profit Trader Legitimate?

I do believe Rapid Profit Trader is legitimate.

It's a real service that aims to help you make money with options trading. And Paul Mampilly is a real trading expert with almost three decades of experience under his belt.

That doesn't mean you're guaranteed to make money though.

And it's not completely risk free, either.

As with any type of trading, there's always a chance you could end up losing your money. So I think it's important to understand the downside potential too, and know that no matter how legitimate something is, nobody can guarantee you'll make lots of money.

Understanding this is key.

Because otherwise you might join with the wrong expectations as to what to expect, thinking it's a way to get rich quick, which it's not, and end up disappointed.

On the flip side, if you join understanding the risks and that it's not a get rich quick program, you might be pleasantly surprised at what you're able to learn and achieve over time.

Bottom Line

Rapid Profit Trader is a service developed by Paul Mampilly of Banyan Hill that shows you how to do options trading. As a member, you get access to weekly trade picks from Paul and his colleague, Ian Dyer, as well as training and insights to help you become a successful trader.

I personally think this could be a great option for the right person. Especially if you like the idea of doing options trading and higher risk, potentially higher reward plays.

That said, trading is risky.

So I definitely wouldn't rush into this without understanding the risks involved, or thinking it's a way to get rich quick. Because in my opinion that is likely to lead to disappointment.

In any case, what you decide to do is up to you.

I'm not affiliated with Rapid Profit Trader, so my aim with this review was never to convince you to join, or not join, the service. As with anything I review, my aim is just to share my opinion based on what I found, and hopefully that helps you make a more informed choice either way.

Jeff Hardwell
Hope you found this article helpful! My name is Jeff and I'm the creator of Mad Money Stacks. I started this site to help others avoid scams and share honest, legitimate methods of creating wealth in the stock market. Like my top rated service, that shows you how to 4X the S&P 500 and grow your wealth – without having a degree in finance. Go here to learn more.

MY #1 RECOMMENDATION

There's Really Only ONE Stock Picking Service I Recommend

It showed me how to 4X the S&P 500, invest better, and grow my wealth - without having a degree in finance. All it takes is just a few minutes each month to multiply your net worth. Hit the button below to learn more:

MY #1 RECOMMENDATION

There's Really Only ONE Stock Picking Service I Recommend

It showed me how to 4X the S&P 500, invest better, and grow my wealth - without having a degree in finance. All it takes is just a few minutes each month to multiply your net worth. Hit the button below to learn more: