Don Fishback Reviews

About Don Fishback

Don Fishback is an experienced financial analyst and former stock broker. He has had a long career in the industry conducting trades, research, and training in various markets. These days Don Fishback operates his own firm, which focuses on volatility research and product development.

Don Fishback’s company offers a wealth of educational books, seminars, and web applications to assist traders. He explains that the foundation for his mathematical research stems from the bell curve analysis of the market.

Simplistically, it means that even though the prices on the market appear random over a period of time they settle into a normal distribution known as the bell curve. The actual math behind Don Fishback's ODDS theory is complex but it’s based off this principal. Consequently he has applied his results into a high probability strategy called credit spread.

Even though Don Fishback has an “Options for Beginners” book the majority of his products carry a degree of complexity to them. For someone to benefit from his materials they need to have an understanding of options trading and the ability to perform certain calculations.

The reason for this is that Don Fishback’s materials show you how to compute the statistical probability that a price will reach a given target. Using this method, one can ultimately calculate an option's statistical probability of expiring "in the money".

The reason that his courses require a level of financial competence is that you are supposed to apply these results accordingly. Don Fishback does not give you a step-by-step system to follow that tells you everything to do; you are trained in performing this function and advised on how to use it.

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8 ‘Don Fishback’ Reviews
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1 Review

If You Have A Crystal Ball, Don Fishback Will Be Your Friend

Reviewed By R. Blake Kessler on December 7, 2013

Fishback's deceptive tactics remove any credibility he might otherwise be due for his options prowess. Each of the brochures I've got from him had some version of this (from "Now I Will Give You An Average Of 3 Actionable, Potential Winners Each Week" brochure:

Total Gains Possible: $2,422,355
Average Annualized Return Per Trade: 301%
Profit Win Rate: 95.9%
Full Table of Results on page 5.

What's on page 5? His method, that's what:
"Invest 10% of available option buying power..."
"Enter at the closing bid if selling, ask if buying"
"Exit at the most favorable price based on the above assumption"

Exit at MOST FAVORABLE PRICE? What kind of method is that? They should just correct the method to read as follows:
"Invest 10% of available option buying power..."
"Enter at the closing bid if selling, ask if buying"
"See the future"
"Find the best possible exit point based on your view of the future"
"Publish your trading results"

My method is similar but I don't charge as much:
"Start with only a $500 account"
"Buy 10 shares of our recommended stock. Sell it 1 week later"
"Find $10,000 in unmarked $100 bills on the sidewalk each day and deposit this into your account."
"Watch your account grow"

Now, how can you trust anything that comes out of an organization that does stuff like that in its promotional materal?

Good luck.

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Reviewed By George on October 13, 2012, Ohio

First of all Eric, his name is Don, and second of all to every one, he is not a scam. He is a really good teacher! I loved his teachings. Whenever I don't understand anything, he knows how to explain it to me, and I told my friends, and they say the same. I get it if you don't get how to do it. Some of my friends say its a scam also, but it is only their fault on not understanding it, and not allowing don to teach them how easily. And to all the people criticizing about the refund, he tells you before you pay that you get no refund, so it's your fault for not listening! Don and I have been working together for 4 years, and if you knew the guy, you would know he keeps his word and he isn't a scam.

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Pete
January 11, 2013

The dead give away is "Don and I have been working together for 4 years." What do you think he is going to say?

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Reviewed By Dave V. on March 19, 2012, Dublin, Ohio

I have made more money more consistently with Don Fishback than any other adviser I've used. His trades are easy to execute and the number of trades is right for me, approximately 2 to 6 trades per month. I like the fact that he doesn't feel obligated to provide trades every week, but rather waits for the right conditions. I was in ODDS Correlation Trader at first and there weren't many trades. I called them and they allowed me to switch to a different program which has proven very effective. I have no connection with him; I'm just a simple trader who finds that his trades win the vast majority of the time, probably more than ninety percent.

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July 27, 2014

Which of his services did you subscribe to and take trades in when you were successful with this, Dave?

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Reviewed By Chas on October 11, 2010, Dearborn MI

Total Scam -- stay away. Much too good to be true. Do some research on Fishback and you will see he has been indicted on other scams.

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marcstarr
January 15, 2013

i dont know don fishback and I dont know chas. However, as im looking into options education I came accross this site. This review is terrible. If donss been indicted its public info. Please elaborate. Indicted on what, for what... ? This seems like a grudge comment.

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Reviewed By Bill on August 21, 2010, Florida

Fishback's ODDS InsInt is money in the bank. We have used it for over two years and it is the only service we can depend on! The 80% success ratio is the real deal! We are satisfied paying customers.

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