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Dave Aquino Reviews (Updated 2024): Is His Advanced 11 Hour Options Trading Course Legit?

By: JosiahDec 10, 2023Stocks and Trading
Dave Aquino Reviews (Updated [year]): Is His Advanced 11 Hour Options Trading Course Legit?

Introduction To Dave Aquino Reviews

Hello and welcome to my Dave Aquino reviews!

Whether you came across this opportunity through a YouTube or Facebook ad featuring Dave Aquino, or you stumbled upon it during your business model research, no worries!

In the next few minutes, I'll address your key questions:

  • Who is Dave Aquino?
  • What does his program, Advanced 11 Hour Options, offer?
  • Is it worth your time?
  • Is David Aquino legit or a scam?
  • What's the cost of joining the program?
  • What are the students saying?

If Advanced 11 Hour Options doesn't align with your interests, it's ok. I have some excellent alternatives.

At ScamRisk, I specialize in these reviews, gathering public opinions from across the internet.

Consider this your comprehensive resource for all things "Dave Aquino reviews."

Now, let's dive into the pros and cons without delay.

DISCLAIMER:

This Advanced 11 Hour Options review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Purchase includes one month of Base Camp Trading membership access. This means you'll get access to trading rooms and extra learning sessions.
  • Dave Aquino is an accomplished trader with years of experience, which means you'll be learning from a pro.
  • A success story on the site includes transaction documents from TD Ameritrade, which means they provide proof of success.
CONS
  • Many negative reviews about Base Camp Trading, where Dave Aquino is affiliated. This raises questions about the legitimacy of its offerings.
  • Some claims, especially the 93% to 94% win rate, appear overly optimistic. This means this could be too good to be true.
  • They have seasonal discounts that offer the program for $47 instead of $497. The substantial discount makes you question the actual value of the course.

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

TLDR - What’s The Verdict On Advanced 11 Hour Options Review

Dave Aquino Reviews

For those of you who are looking for quick answers, here it is.

No, I don't recommend investing in Dave Aquino's Advanced 11-Hour Option. It's hard to recommend someone who has many negative reviews online.

It's like entering a battle but finding yourself on the wrong team.

Options trading is risky. The value of options can change quickly. If the market doesn't go as expected, you may lose your entire investment.

High leverage in options can amplify both gains and losses.

That's why it's essential to have a great mentor with a good reputation.

If you're interested in learning about options trading, it's recommended to explore other gurus and programs.

You can try WallStreetZen and Index Fund Pro for budget-friendly options ($150 and below).

If budget is not an issue, you can go for Burn Notice Alerts for $1,995 a year.

High Strike Trading also offers great training and mentorship.

Who Benefits From Dave Aquino And Who Should Stay Away From Advanced 11 Hour Options?

Advanced 11 Hour Options Review

Dave Aquino's Advanced 11 Hour Options Workshop is suitable for you if:

  • You're a beginner looking to explore trading opportunities through options.
  • You're already trading, but you are seeking to try new strategies to enhance your win rate.

That said, you may want to stay away from Dave Aquino's program if:

  • You want easy and instant access to their courses. This Trustpilot reviewer said, "I made an application, paid the fee, and that was the last I heard. After numerous requests, nothing."
  • You don't want to lose money. This trader said he has lost money , "Very little “thought” goes into his trade recommendations. His trades have lost a lot of $$ the last half of last year."
  • You want a program or coach with a good reputation. Base Camp Trading and their coaches are even called "Drew Day Scam."

Advanced 11 Hour Options Review: 1,000 FT View Of This Online Business Opportunity

TitleDescription
Program NameAdvanced 11 Hour Options
CoachDave Aquino
Price$497
Refund PolicyFull refund in 1 month
WebsiteSource

Business Model

Dave Aquino's Advanced 11 Hour Options focuses on the options trading business model.

Options trading is a popular approach that gives you more flexibility than some other methods.

Here, you're dealing with financial contracts known as options. These contracts come with a fixed price (strike price) and a date when they expire (expiration date).

You're not obliged to trade the actual asset. Traders can decide to exercise their options, but selling is a bit more rule-bound. You've got to stick to the contract.

The tricky part? Options become worthless when they hit their expiration date. That's the challenge.

Timing is crucial in options trading. Keeping a sharp eye on the market is the smart move to cut down on risks.

Staying in tune with the market can be a game-changer.

Also, options give you leverage, meaning you can control a big position with a small investment.

Sounds cool, right? But, of course, this also means more potential for both gains and losses. The risk and reward game depends on whether you're buying or selling options.

If you're really serious about this business model, you need to have a mentor with strong credentials and a good reputation.

Not a fan of big risks? Consider this program here.

About The Guru - Dave Aquino

Dave Aquino Reviews

Dave Aquino is the brains behind the Advanced 11-Hour Options trading workshop.

He's a Vanderbilt University grad. He currently runs the show as the Managing Partner at Base Camp Trading.

With 20+ years of experience, he's a seasoned professional trader and portfolio manager.

Dave kicked off his career at Merrill Lynch. During his stint there, he managed $650 million in assets. In one of his podcasts, he talked about his expertise in crafting options income strategies for Vanguard Asset Trading.

Today, he's all about sharing his know-how through workshops. He wants to help people learn the ropes of trading options for consistent results.

Social PagesLink# of Followers
FacebookSource1.7k followers
InstagramSource253 followers
YouTubeSource32.3k followers

How Much Does Advanced 11 Hour Options Cost?

Advanced 11 Hour Options Review

The price tag for the Advanced 11-Hour Options workshop is $497, but keep an eye out for seasonal promos and discounts. At the time of writing, it's offered at 40% off.

Personal Opinion

If you've been following my journey here at ScamRisk, you know I've dived deep into various trading programs. What I'm about to share isn't just talk. It comes from hands-on experience within Dave Aquino's community.

Now, external reviews often showcase a chorus of complaints. You see them from platforms like Reddit, TrustPilot, the BBB, and even ad comments. But, keep in mind, the loudest voices usually belong to those who've faced challenges.

Having a rocky road doesn't erase the potential value provided by the guru.

Now, how do you navigate the decision-making process for choosing a trading program?

First, assess the guru's practical experience. Does Dave show expertise in running an option trading business?

Check for a private Facebook group or training. A vital support system during the inevitable business bumps.

Scrutinize the value of videos, products, and bonuses. It's not just about the price; it's about what you get.

Clarity matters. Ensure program runners transparently communicate ongoing costs, upsells, and details.

Make sure the whole package aligns with what you're paying for, without unnecessary expenditures.

Lastly, dive into the financial success stories within the private Facebook community. While crowd feedback is crucial, interpret it critically against the mentioned criteria.

My Recommendation On Dave Aquino's Advanced 11 Hour Options

Dave Aquino Reviews

Now, let's break down and match our criteria with Dave Aquino's program.

First, let's start with the positives:

With dedication, getting into options trading has a fair shot at recovering your initial investment.

Dave is a seasoned trader, adding a positive note to the guru's experience.

Let's continue with the negatives.

Here are the reasons why I don't recommend Dave Aquino's Advanced 11 Hour Options (or options trading in general):

  1. Complexity: It's more intricate than traditional stock trading, involving advanced strategies.
  2. Financial Risks: Despite flexibility, there's a risk of large losses, especially with complex strategies or excessive leverage. According to studies, 70% of option traders consistently lose money.
  3. Time Constraints: Timing is crucial, pressuring you to make quick decisions, risking significant financial losses.
  4. Bid-Ask Spread: Wider spreads compared to stocks can impact profitability.
  5. Implied Volatility: Market expectations influence options prices, with high volatility making them more expensive.
  6. Low Liquidity: Some options lack liquidity, making entry or exit challenging and increasing trading costs.
  7. Emotional Challenges: Like day trading, options trading can be emotionally challenging, especially during high volatility.
  8. Commission Costs: Brokerage fees for options trading should be considered before opening an account.

What’s Inside Advanced 11 Hour Options?

Advanced 11 Hour Options Review

Dave crafted an advanced trading strategy tailored for Base Camp Trading members. This approach zeroes in on short-duration, high-probability credit spreads. This strategy has proven itself over the years. According to Dave's claims, it boasts an impressive 95% success rate and a 5% weekly profit margin.

Breaking it down further:

  1. Math Simplicity: Dave emphasizes keeping things simple, tossing aside complex math equations. Instead, he puts the spotlight on "theta." This measures how time impacts an option. As an option gets closer to expiration, it loses value more quickly. Monthly options take the biggest hit in the last month, while weekly options feel it most in the final 1 or 2 days. This concept becomes a key advantage in the strategy.

  2. Key Trading Principles:

    • High-Probability Trades: Aim for trades with an 80% success rate or higher.

    • Strategic Timing: The sweet spot for executing trades is from Thursday noon to Friday 4 PM. This timeframe is crucial in Dave's strategy, earning it the "11-hour options" name.

    • Chart Utilization: Rely on the Daily & 60-Minute Chart for making trades.

  3. Trade Evaluation: Dave suggests assessing the quality of an 11-hour option trade by examining factors like:

    • Momentum Strength and Direction: Understand how the market is moving.
    • Support and Resistance: Identify levels where the price tends to stop and reverse.
    • Fibonacci and Extension Levels: Look into these technical analysis tools to gauge potential price levels.

In essence, Dave's strategy is a combination of timing, probability, and a savvy understanding of market behavior. It's a comprehensive approach for those diving into the world of options trading.

Dave Aquino’s Advanced 11 Hour Options Workshop Inclusions

Advanced 11 Hour Options Review

Alright, let's break down what you're getting in this package:

  1. Video Modules:
    • You've got 8 core video modules, covering the nitty-gritty of the 11-hour options trading strategy.
  2. Bonus Modules:
    • As a sweet bonus, there are 3 extra video modules. Consider them the icing on the cake.
  3. Trader’s Checklist:
    • A handy checklist to keep you on track and ensure you're covering all your bases as a trader.
  4. Tip Sheet:
    • Quick tips at your fingertips. Think of it as your cheat sheet for making informed decisions.
  5. Trade Worksheets:
    • Practical worksheets to apply what you're learning. It's like hands-on training to reinforce your understanding.
  6. 1-Month Basecamp Trading Membership:
    • You get access to the Base Camp Trading community for a month. Connect, learn, and share insights with fellow traders.
  7. 11-Hour Options Trading Tools:
    • Stay in the loop with email and mobile app trade alerts. This keeps you informed and ready to act when opportunities arise.
  8. Live Trading Room Access (2x):
    • Join the action not once, but twice. Gain access to Base Camp Trading's live trading room where you can witness strategies in action.
  9. Daily Trading Videos (4x):
    • Start and end your trading day right with pre-market and end-of-day videos. Get insights and analysis to guide your decisions.
  10. Extra Trading Lessons:
    * Because you can never have too much knowledge. Extra lessons to refine your skills and broaden your trading arsenal.

Dave Aquino Reviews

Dave Aquino's workshop is comprehensive and covers the following modules: Module 1: Introduction

  • Dave introduces himself, sharing personal background, work credentials, and trading career.
  • Explains the basic principles of his trading strategy. Module 2: 11-Hour Options Strategy
  • Explores how 11-hour options trading works. This includes key factors like recommended peak trade hours and time decay. You will learn the power of compounding and how to measure trading success. Module 3: Theta: The Payout Greek
  • This one focuses on theta. It explains how traders can use it to their advantage and minimize losses. Module 4: 11-Hour Options Strategy: Step-By-Step Plan
  • Walks through the step-by-step trading process using the 11-hour options strategy. Module 5: 11-Hour Options FAQs
  • Dave answers frequently asked questions about his trading strategy. Module 6: Trade Risk Management
  • Emphasizes focusing on trading strategies aligned with personality, risk tolerance, and trading style.
  • Advises practicing chosen strategies until proficiency is achieved. Module 7: Keys to Trading Success
  • Highlights key factors for achieving high-quality trades and consistent results. Module 8: Next Steps and Trading Tools
  • Provides actionable steps to get started with actual trading.
  • Teaches how to use recommended trading tools, including advanced features. Bonus Module 1: Becoming a Better 11-Hour Options Trader: How to Review Your Trades
  • Teaches how to evaluate the quality of trades for long-term strategy improvement. Bonus Module 2: Think or Swim Trader
  • Covers detailed lectures on making the first trade and managing stop-losses. It teaches how to control trade positions using Think or Swim. Bonus Module 3: TradeStation Trader
  • Provides fundamental trading techniques for TradeStation.

Common Mistakes To Avoid In Options Trading

Advanced 11 Hour Options Review

Here are some of the most common mistakes you need to avoid when diving into options trading.

Mistake #1: Trading Without a Plan

  • Don't jump into options trading without a solid strategy. Ask yourself the basics: How do you evaluate your trades? What indicators matter? Have a plan, set goals, and stick to them to avoid losing money in a flash. Mistake #2: Skipping the Basics
  • Before diving in, understand the basics like call and put options, strike prices, expiration dates, and those Greeks (Theta, Delta, Vega, and Gamma). Mistake #3: Using Too Much Money
  • Tempting, but avoid putting all your cash into one trade. Set profit goals, know your limits, and don't risk more than you can afford to lose. Mistake #4: Ignoring Liquidity
  • Don't mess with illiquid options. Stick to those with enough trading action to ensure smooth trading and fair prices. Mistake #5: Chasing High Returns
  • Resist the lure of quick, massive gains. Higher potential returns mean higher risks. Stick to your profit goals to avoid big losses. Mistake #6: Forgetting Risk Management
  • Have a risk management strategy. Figure out how much you're willing to risk on each trade and stick to it. Tools like Option Finder, Options Profit Calculator, and others can help. Mistake #7: No Stop-Loss Orders
  • Don't forget stop-loss orders. They're like safety nets for your trades, helping you avoid major losses. Smart traders use them to protect their positions.

Remember, options trading is like a strategic game. Having a plan, understanding the rules, and managing risks are key to staying in the game without wiping out your account.

Conclusion - To Buy Or Not To Buy

Honestly, I wouldn't recommend going for Dave Aquino's trading course.

Sure, it's cheaper than some others. But having a guru with a solid rep and a thriving community of successful traders is key.

There seems to be better programs out there. Ones that offer a chance to pick up more valuable skills with less risk.

Personally, I prefer a more straightforward approach to making money online, like the one I found here.

What Is My Top Recommendation For Making Money Online In 2024?

Digital Leasing

I have spent years researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1. It’s Flexible: Options trading requires time and dedication. Learning the ropes isn't a one-time deal. It's an ongoing commitment as market dynamics evolve. It's a time-consuming endeavor that requires a keen eye and strategic thinking.

Options trading is not just stressful but emotionally exhausting. Trust me, I've been through the wringer. But ever since I stumbled upon digital leasing, it's been a complete game-changer for me.

Got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t. 

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day. 

This is only possible if you have an income stream that’s not tied to your time.

2. You Own & Control EVERYTHING: Options give you the right to buy or sell an asset at a specific price, but it's not ownership. You're essentially betting on the price movement without holding the actual stock. While you have control over your options contract, you don't own the underlying asset.

With Digital Leasing, you own the assets, which means you have all the power and all the control.

3. Little To No Startup Costs: The expenses in options trading encompass not just the cost of the options but also ongoing education and risk mitigation. As they say, experience is the best teacher here. You need to trade and lose money to learn your lesson. No matter what gurus tell you, there is NO other way.

That's why I prefer Digital Leasing.

It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work. 

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

4. Easy To Duplicate: In options trading, scaling up means duplicating your positions. You can double or triple your money anytime. Easy, right? BUT...your losses will multiply too.

Once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum. 

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

5. Make Money Helping Real People: This part is what makes it all worth it. In the stock market, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses. 

You make money by helping them make money. 

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent. 

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Now, the choice is yours. You could continue browsing, looking at opportunities like [Program Name] which could one day make you money.

You could continue researching, never making a decision. 

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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