Hello and welcome to my review of Dr. David Eifrig's Retirement Trader.
Retirement Trader is a trading subscription service run by Dr. Eifrig and the team at Stansberry Research, that aims to provide subscribers with “safe trading opportunities to make big gains in the stock and options markets.”
Apparently, it has a 93%-success rate, which is virtually unheard of.
Is it the real deal?
I personally wouldn't join thinking there's no risk involved, because even though it's geared towards “safe” trading, nobody can predict the future.
However, Retirement Trader is definitely a real trading service, and may be worth joining if you can afford $2,497 and like the idea of trading short-term stocks and options.
What Is Retirement Trader?
Retirement Trader is a trading subscription service headed up by Dr. David Eifrig (AKA Doc) of Stansberry Research. The main aim of the service is to help those who are either in, or approaching, retirement create reliable gains through the stock and options market.
According to the Stansberry Research website, Doc worked as a trader for Goldman Sachs before starting the Retirement Trader service, where he created “sophisticated investment vehicles” for private clients and other traders.
And he brings those skills to Retirement Trader, to show readers “unusual ways to make large, safe gains in the stock and options markets… whenever and wherever these opportunities arise.”
So the idea is that, unlike regular trading services, this is heavily geared towards helping you avoid losing money, and making steady gains over time.
It's kind of somewhere in the middle of day trading, where you trade every day under a much shorter time horizon, and the typical “buy and hold” strategy.
With Retirement Trader, the trades typically last two-to-three months, which makes it more like swing trading. Where you place trades that can last several days, weeks or months.
And it involves trading both regular stocks, and stock options.
How does options trading work?
Options are basically a way to speculate on the price of the underlying asset, either up or down, without actually purchasing that asset.
So it allows you to turn a smaller stake into potentially much larger gains, but at the same time, options are more complicated and risky than regular stocks.
However, Dr. David Eifrig is an expert with trading both stocks and stock options, and he specifically caters this service towards folks who want to minimize risk.
How Does Retirement Trader Work?
The basic idea behind Retirement Trader is to signup to the service on the Stansberry Research website, which gives you access to everything you need to follow Doc's strategy.
For $2,497, you get 12 months access to the service, which provides you with a new trading recommendation twice per month, or 24 trade ideas total. Along with insights into each trade idea you receive and why Doc thinks it's worth putting money into.
That's the core benefit of joining, but you also get access to a bunch of other great resources to help you make consistent profits as a trader.
For example, members get access to all of Doc's currently open trades within the Retirement Trader Model Portfolio, a video training series and access to a full library of past member-only reports that cover topics related to helping you create wealth for retirement.
There are no guarantees you'll make money, but you do get a full 30 days to try the service and if you're not happy with it, you can cancel and request a credit to use on another service.
Who's Dr. David Eifrig – Real Trading Guru?
Dr. David Eifrig is a man of many talents.
He started his career by obtaining an MBA from the Kellogg School of Management, where he majored in international business and finance. And soon after, started working as an elite investment trader for Goldman Sachs, as well as other financial institutions.
According to the Stansberry Research website, he grew tired of the greed and hypocrisy of Wall Street, so he decided to become a medical doctor. And during this time he helped start a small biotech company worth over $100 million.
In 2008, he decided to use his knowledge to help people take control of their wealth, and joined Stansberry Research, where he's the editor of some of their most popular investment advisory services. Such as Retirement Millionaire and Retirement Trader.
He's also published several popular, well-rated Amazon books.
So, long story short, he's definitely a real trading and investing guru, and has one of the most remarkable backgrounds I've seen.
Is Retirement Trader Worth It?
Retirement Trader is a legitimate, high value service that aims to help subscribers make safe, consistent gains in the stock and options market. It's geared towards those approaching (or in) retirement, but it would suit anyone looking for a more conservative trading strategy.
The service does cost $2,497 per year, which is discounted from $4,000 as of writing, but you get a lot of value for this and according to Doc, it has a 93% success rate.
I personally wouldn't join thinking you'll never lose money though.
Because even though this is a legitimate service, nobody can predict the future. And nobody can guarantee you'll make any money at all, because trading is risky.
But if you have the almost $2.5K joining fee, the recommended $50K starting capital, and you like the idea of trading short-term stocks and options, this could be worth checking out.
Hope you found this article helpful! My name is Jeff and I'm the creator of Mad Money Stacks. I started this site after learning the hard way that most online money making programs aren’t as amazing as they seem. I wanted to help others avoid scams and share real, legitimate methods of making money online, like the exact method I use to make $12K plus p/m online.