Jason Bond – Quick Overview
Jason Bond is a former elementary school teacher turned penny stock trader. He spent 10 years in the New York educational system and eventually quit to pursue his passion on Wall Street. He now runs his own small cap stock picking service, Jason Bond Picks. His goal is not only to provide high-quality stock picks to his subscribers, but to educate them as well.
I have been a member of Jason’s service since February, 2014 and I will try to explain my experience with his service to you in the best way possible, including both the good and the bad. You can then decide for yourself if his service is right for you.
I started with a $4,000 brokerage account with TradeKing & made some big mistakes right off the bat by holding positions too long. I let 10%+ winners turn into 20% losers.
First Piece of Advice: Don’t trade without going through Jason’s training DVD first (The Basics of Swing Trading – free to subscribers), as well as the 50+ additional video lessons provided.
Once I dove into the video lessons, things started to change for the better.
The Advantages of Jason Bond Picks
Jason’s service offers multiple ways to profit from the stock market, including day trading, short selling, and swing trading. He also offers small, mid, and large cap options. There’s no other stock picking service as versatile:
- He offers real-time email & text alerts to inform you of trades he is either entering or closing out.
- If you are available to be at your computer during trading hours, the chat room is very active with 400+ traders per day. This is where the day trading takes place, which is run by head moderator Luke Murray.
- Daily watch lists are prepared and sent to subscribers every morning to outline the most desirable trade possibilities for that day. The majority of Jason’s alerts are stocks right off his watch lists.
- He also makes his portfolio available for viewing so you can keep track of his open positions. He backs up his trades with his own money, which can’t be said for many of the stock picking scams out there.
Since I work a full-time job and can’t be in the chat room all day, the most valuable services for me are the daily watch lists & the text alerts. Every morning, I run through the daily watch list to see exactly which stocks I should be “stalking” and read Jason reasons for why he thinks they’re ready to make an explosive move. Then when he sends out his alerts, that’s confirmation that it’s time for me to buy as well. Since he provides price targets for buying and selling, I can sometimes even position myself in a trade before his alert even comes out!
Jason Bond Does the Research
While I’m at work, Jason and his team of traders are doing all the research for me, searching for the best possible trade ideas. Keep in mind that you will not win every trade. There is no foolproof system for making profitable trades, so always have a stop loss in place in case a trade doesn’t go your way. Jason is not perfect and cannot jump through your computer screen to make you buy & sell exactly at the right time! Don’t get stuck holding a stock and hoping it will bounce back up to the price you want.
The Chat Room Run by Header Moderator: Luke Murray
If you’re interested in day trading and have the funds to get started, this is the place you want to be. Luke Murray shares 10+ day trade ideas per day and has recently incorporated a new service into the mix called Lifestyle Trading. Assuming you have at least a $10,000 trading account, this strategy involves making 1 or 2 trades within the first 90 minutes of trading for a profit of $500. His saying goes, “$500 a day keeps the job away”.
This has been a highly successful trading strategy for Jason Bond Picks as a whole, and there are many days when I wish I could be sitting in chat taking advantage of these opportunities. Just as a Warning: You will need to be fast with your trades and react to Luke’s alerts quickly. These are stocks that are really moving and if you’re not careful they can go the wrong way quickly. Do not chase an alert of his that you were late seeing and is already up 5-10%+.
With the volume of trades you will be making as a day trader, and even a swing trader, you really need to consider a broker with low commissions. $10 commissions every time you buy & sell can really add up when you’re making 15 day trades a week (That’s $300!). Search for a discount broker like TradeKing or Robinhood ($0 commissions).
Thanks to the day trading chat room, my sick days and vacations are now highly profitable!
Jason Bond’s Daily Watch Lists
It’s become a habit of mine to wake up and see Jason’s daily watch list sitting in my inbox. He provides his overall market outlook, updates us on his thoughts concerning his open positions, and of course provides additional trading ideas for the day.
Not every trade idea will pan out and some aren’t quite ready to make a big move yet, so you should never buy a stock just because it is on his watch list. Price action and volume need to be monitored, and this is why the alerts are so important.
Jason Bond’s Portfolio & Track Record
In addition to the real-time email and text alerts Jason sends out, he also keeps track of his open positions in the portfolio section of his website. A trade log featuring every trade he has made throughout the year is also available for viewing.
Educational Materials to Implement the Jason Bond Swing Trading Strategy
This is where Jason’s service really has a competitive advantage and breaks away from the others providing stock trading newsletters, in my opinion. As a member, you receive his DVD course, The Basics of Swing Trading, for free ($497 retail value). Within this course, Jason passes on to you every important lesson he has learned in the market over the years. On top of this, you will receive access to 50+ video lessons covering how to implement his highly successful methods of choosing winning stocks. The good news about this is that if you really apply yourself and study the material, you can eventually break away on your own & avoid the subscription fee.
Conclusion: Is Jason Bond Picks Worth It?
If you do the research, you will find that stock picking services tend to be very expensive, and most of them don’t even provide real-time alerts, daily watch lists, video lessons, and a chat room. With Jason Bond Picks, you are getting a great value for your money, and if you implement his strategy correctly, you will be able to pay off the price of the subscription with only 1 or 2 trades.
His overall attitude and personality let you know that he always has his clients’ best interest at heart. He even sends out quarterly surveys to gauge the opinions of his “family” of traders in order to modify his service accordingly. He used to personally answer every email sent to him within 24 hours, but as his service has grown, he has delegated these duties to others. Even so, the customer service is top-notch.
The feeling of finally making money in the market after years of being lost & losing money is absolutely incredible. I love the days when I make more on my trades than I do in my 8-hour work day!
Jason Bond Picks isn’t simply a stock picking service, but a helpful community and educational service as well. At this point, I can spot some profitable trading opportunities on my own, but I like Jason’s service way too much to leave. If you’re interested in making money trading stocks with Jason Bond, I think you will find success with his service.
Please leave your questions & comments below.
Written by Matthew Thomas