Hello and welcome to my review of Weekly Blitz Summit.
I discovered Weekly Blitz Summit after receiving an email from its creator, Lance Ippolito. Lance says that his system can help you identify “shadow blitz” trades that can net you returns as high as 843% in just 24 hours.
And that gains like $9,430, $7,330 and $12,100 can happen within hours.
Which sounds cool, but is it the real deal?
Well, I decided to take a closer look at the system to see if it's legit, because you never can be too careful these days, it's very easy for someone to make bold claims.
What did I find? Well, what I found was that Weekly Blitz Summit thankfully isn't a scam. It's a presentation for a paid trading service he runs called Weekly Blitz Alert.
Which shows you how to make money trading. Basically, Lance shares his recommended trades with you which he says are based on his proprietary “Blitz Alerts” system.
So it's a real trading service. And based on the results he says he and his beta testers have been able to achieve so far, it could be quite lucrative too.
What Is Weekly Blitz Summit About?
Weekly Blitz Summit is essentially just a sales presentation for a trading service called Weekly Blitz Alert, which is a service aimed at helping you make money doing options trading.
The services costs $1,997 per year and the core benefit you get is receiving trade alerts (called Blitz Alerts) from Lance each week. These are basically options trades that last for about 24 hours, which Lance says could make you as much as $9,430, $7,330 or $12,100 from each trade.
How does he find these winning trades?
Well, Lance says it's all thanks to something he calls a “Shadow Blitz.”
Which is basically a term he uses to describe an unusual group of trades that signal when a stock is about to explode in just a matter of hours. And when this happens, it triggers his proprietary “Blitz Alert” system which allows him to make huge gains in a very short period of time.
Which sounds amazing. I mean, who wouldn't want to make gains of 843% in just 24 hours!? But the truth is, even with a system like this, trading the market can be quite risky.
Regardless of what system you're using, or who's behind it, there's always a high level of risk involved with placing trades in any market. Especially when it comes to short-term trades that can be extremely volatile, which is what the Weekly Blitz Alert system focusses on.
So, at best, you're taking a gamble on something that may never eventuate. Don't get me wrong, I do believe Weekly Blitz Alert is legit and, even though it costs $1,997 for a one year subscription, could be worthwhile if you make the kind of money he talks about.
But I also think it's important to be realistic and consider the potential risks involved, especially since at the end of the day it's your money on the line.
How Does Weekly Blitz Alert Work?
The way Weekly Blitz Alert works is pretty straightforward. The idea is to signup for $1,997 (or $2,497 for a lifetime) on the WealthPress website, which gives you access to the following:
- Weekly Blitz Alerts: As a member, you receive 104 trade recommendations within a 12 month period. Lance says that even his weakest trade was made him 4X his money. So if you did this every week, for 52 weeks, that'd mean you could turn $1K into $208K in one year.
- Private Members-Only Portal: Members get access to a private portal to keep track of the Weekly Blitz Alert activity and other private members-only perks.
- Blitz Alert Hotline: This is basically a support line so that if you have any questions about your membership, you can have your membership questions answered right away.
When you boil it all down, the main core benefit of this service is the weekly trade alerts that show you which trades Lance is placing and how you can follow what he's doing.
So you're really putting your faith in Lance Ippolito himself, that his recommendations are going to pay off as well as he says they will. And maybe they will, but there are no guarantees.
On the plus side, Lance does guarantee to send you at least one trade each month that he believes will deliver you the “chance” to make 5X your money. That doesn't guarantee that they'll pay actually off, but it does mean he will stand by his word to provide you with what he thinks are winning trade opportunities.
Who Is Lance Ippolito?
Lance Ippolito is the man who created Weekly Blitz Alert.
He's also a professional trader and educator who works hard to develop winning trading strategies using volume confirmation breakouts, institutional order flow, and market internals.
He's known as the “market detective” by some who follow his work.
Mostly because his specialty is following large market orders in the options market that he thinks could indicate trading by company insiders.
Which is an interesting strategy because if you can find these types of trades, getting in front of them could be very lucrative.
How did he get his start in the world of trading?
Lance started out as an analyst for various investments funds and for Citigroup’s Global Markets. After seeing a lot of success for both himself and the companies he worked with, he decided to begin educating people with the goal of helping others achieve their trading goals.
Some of his work has been featured in Timing Research, the Professional Traders Opinion newsletter, Futures magazine and Inside Futures. So, based on his track record, Lance has a knack for identifying and capitalizing on profitable trades in the market.
Is Weekly Blitz Summit Legit?
Weekly Blitz Summit is really just a video presentation, so it's hard to call it a scam (lol). It's just a video presentation that leads you into Lance's paid service, Weekly Blitz Alert.
And I don't believe Weekly Blitz Alert is a scam either. It's a real trading service that is aimed at helping people make money trading the market, especially those who are looking to make short-term gains with options.
But I do think that, as with any type of trading, there's a fair amount of risk involved. I mean, if you follow Lance's advice and place trades that go according to plan, you win. But if you place trades that go against you, you could end up losing money.
And the truth is, millions of people lose money trading the market each year. There's not a single trader on the planet who wins every time. So if you do buy this service, understand that you are going to lose money at some point. The only question is how much.
It's also worth mentioning that there are some upsells in store for those who purchase a subscription to Weekly Blitz Alert. Some of the other services WealthPress (the company selling this) offers cost $1,000's.
I'm not saying that makes it a scam or in any way illegitimate. Not at all. But you should know that Weekly Blitz Alert isn't the only service you'll be offered.
That's just how these types of systems work.
The upsells are totally optional though, so it's not like you have to buy extra stuff to make this system work. And if you find the upsells to be of value, good and well.
Weekly Blitz Summit is a sales presentation for a trading service called Weekly Blitz Alert, which is a service aimed at helping you make money doing options trading.
I personally think this could be worthwhile for the right person. Especially if you're interested in learning how to become successful at trading short-term options.
It's not for me though, I prefer a longer term approach to investing. That way I'm not relying on something as unpredictable as an options contract going up or down in price within hours or days, to secure my financial future. Not to mention, I don't have to be glued to my laptop all day.
That's me though, what you decide to do is up to you.
I'm not affiliated with Lance Ippolito or any of his programs, so my aim with this review was never to convince you to join, or not join. 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.
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.