Hi, and welcome. Today I’ll be sharing my take on Lance Ippolito’s “Daily Profits Challenge” and “Daily Profits War Room” to help you decide if it’s worthwhile or not.
According to Lance Ippolito, members of his “war room” get to see the exact trades he’s placing in a live format four times per week for about an hour. And apparently, some of his recommendations have resulted in gains of 30% in five minutes and 3,000% in five hours.
Is it legit?
Daily Profits War Room is a real trading service run by Lance Ippolito of WealthPress, and it has a 14-day refund policy, so I don’t believe it’s a scam. However, there’s no guarantee that you’ll make money with the service, let alone millions of dollars, and there are risks involved.
Read on for my full review.
The Daily Profits Challenge Presentation
I first discovered Daily Profits Challenge through an email that led me to a presentation on the WealthPress website featuring Lance Ippolito.
During the presentation, Lance talked about how he’s a millionaire trader and how, as part of the Daily Profits War Room service, he has recommended numerous winning trades before mainstream media outlets have caught on.
In fact, according to Lance, some of his recommendations have seen gains like 30% in five minutes, 236% overnight, and one example he talks about was 3,000% in five hours.
These are some pretty bold claims, in my opinion.
Even a gain of 30% in five minutes is significant, assuming you could replicate a trade like this consistently. This may not seem like a lot, but percentage-wise, that’s a large gain for a five-minute trade, especially since the average gain in the S&P 500 is around 10% per year.
The question is… what sort of gains do members see on average?
Lance does provide a screenshot of 20 of his trade recommendations and more or less suggests that these are the types of gains Daily Profits War Room subscribers will have the chance to see on a week-to-week basis, but he doesn’t state what the average gain has been.
This is important since the average gain is a metric that considers both the winning and losing trades, giving you a more accurate picture of what to expect as a member.
On the plus side, as a member, you get access to the replays of past trading sessions, so you could dig through that to see how his recommendations have performed over time.
How does Lance choose the stocks he recommends?
Lance doesn’t elaborate on his strategy too much in the presentation, but he does say his recommendations are based on his “Shadow Blitz system.”
What on earth is a “shadow blitz?”
As I explain in my review of another service Lance Ippolito runs, Weekly Blitz Alert, Lance uses the term “shadow blitz” to describe an “unusual group of trades” that signals to him when a stock is about to run higher within a matter of hours.
So, Lance’s “shadow blitz system” is essentially the system he uses to identify trades with short-term high upside potential. And when he’s identified a “shadow blitz” trade he’s interested in, he shares his recommendation with subscribers of Weekly Blitz Alert.
And, as it turns out, Lance also uses the “shadow blitz” system to identify the trade opportunities he shares with members of the Daily Profits War Room.
Overview of The Daily Profits War Room
Daily Profits War Room is a new trading service headed up by Lance Ippolito of WealthPress aimed at helping members generate double and triple-digit gains within 24 hours or less.
Lance describes the war room as an “elite club of traders” that he personally guides towards becoming expert traders and says he has two main goals for the service.
The first goal, according to Lance, is to help members “cash out huge daily profits in as little as a few minutes, hours or just one day.” And he says his second goal is to be “the man who has created more six-figure and million-dollar expert traders” than anyone else.
How does it work?
Basically, the idea is to sign up to the service, follow along with the four weekly live trading sessions, and decide which (if any) of Lance’s trade recommendations you will act on using your own brokerage account. So it’s all about following Lance Ippolito’s trade ideas.
As mentioned earlier, Lance says he bases his recommendations on his “shadow blitz” system, the same one I discussed in my review of his Weekly Blitz Alert service.
In short, the strategy involves Lance identifying stocks that he believes could have high upside potential within 24 hours and sharing these with members of the Daily Profits War Room. And if it’s anything like Weekly Blitz Alert, the strategy involves trading options.
Options are more complex and potentially more risky than trading regular stocks, depending on how you approach it. Basically, options are derivatives of the underlying asset (like stocks) that allow you to speculate on the price (up or down) without purchasing the underlying asset.
On the plus side, assuming you know what you’re doing and place the right trades, options can help you turn a small stake into much higher returns than buying regular shares.
On the other hand, it’s easy to get wrecked with options. Because, for example, if you buy a call option, if the stock price tanks, you can lose all the money you put into the trade very quickly. Whereas if you bought shares, you’d still own the shares, which might go back up one day.
Of course, like anything, there are pros and cons to consider, and there are different options strategies you can use, which is why it’s important to educate yourself on how options work.
Anyway, my point being, it is possible to make big money trading, but it’s not as easy as pushing a few buttons, you need to educate yourself properly, or you run the risk of losing your money.
What Do You Get If You Join?
As a Daily Profits War Room member, the main thing you get access to is four live trading sessions each week, where Lance Ippolito shares his latest trade idea.
All in all that works out to 192 trade recommendations per year.
On top of Lance’s trade ideas, members get access to recordings of every trading session he has done within the war room so that you can study his strategy and see his track record.
You also get text message alerts to help keep you updated and training to help prepare you for the live trading sessions and help you get the most out of his recommendations.
Here’s a breakdown of everything you get as a member:
- 24/7 access to the Daily Profits War Room
- Daily Profits War Room trading session recordings
- Text message alerts
- The Daily Profits Master Guide & Trade Setup (training)
- Shadow Blitz Private Vault (more training)
Lastly, as I will explain in the next section, you also get access to something called the “Daily Profits Challenge,” which is kind of like a “prize” you can “earn” by being actively involved in the war room trading sessions each week.
What Is The Daily Profits Challenge?
According to the WealthPress website, every time you attend a live Daily Profits War Room trading session, you receive a “challenge ticket” that essentially puts you in the draw to win the Daily Profits Challenge, which is essentially a free trip to Florida to meet Lance in person.
Lance says he picks “one lucky trader” at the end of every year out of all those who have earned a “challenge ticket,” so the more tickets you have, the higher your chances of being picked.
I actually think this system (in and of itself) is pretty cool because it incentivizes members to attend the weekly trading sessions since the more you attend, the higher your chances of winning the “challenge” become.
Whether or not it’s actually worth winning the Florida trip, however, is another story. Here’s how Lance describes the event on the website to give you an idea of what it entails:
If you’re up for it, we can smoke fine cigars, drink expensive bourbon, hang out on the boat, go fishing… whatever you want.
And of course, all the while we can discuss how we can supercharge your trading and get you to the next level.Lance Ippolito (source: https://secure.wealthpress.com/sf/daily_profit_war_room/?inv_effort=MID0030328&step=seps1a_int)
How Much Does It Cost to Join?
The cost of joining Daily Profits War Room is either $299 per month or $3,299 per year, depending on which membership option you select on the WealthPress order page.
When you do the math, it does work out a bit cheaper to pay for a year upfront ($289 saving), but at the same time, that’s a fairly big chunk of money to fork out.
If Lance’s trade recommendations perform even half as well as he claims, that would be a drop in the bucket compared to what you could make in 12 months.
However, there are no guarantees the service will make you any money at all at the end of the day. In fact, it’s possible you could lose money as with any trading service.
Can You (Actually) Get a Refund?
Most WealthPress services I’ve come across over the years have not come with a cash refund. Instead, they offer you a “refund credit” to use on another service if you’re not happy.
This is the first time I’ve come across a WealthPress service that offers an actual cash refund. So basically, if you’re not happy with the service within the first 14 days of joining, you can request a refund. However, it seems there might be a “catch” in the fine print on the order page:
Subscribers will have 14-days from date of purchase to cancel their products and or services to receive a full refund minus the cost of a physical premium item shipped to the subscriber.
My first thought after reading this was, “what premium item are they talking about, and how much does it cost?”
And this information is not available on the “refund policy” page on the WealthPress website. So I have no idea what this “premium item” is they ship to you or how much it costs. Unless I missed it, it’s not mentioned anywhere on the presentation page, order page, or refund policy page.
So that might be something to speak to their customer service team before joining because, from what I understand, it may impact how much money you get back if you request a refund.
Who Is Lance Ippolito?
Lance Ippolito is a former hedge fund trader who worked for a large investment bank called Citigroup and is the main trading guru behind Daily Profits War Room.
According to his profile on the WealthPress website, Lance’s specialty is “making large amounts of money in short periods of time,” and he has developed his own software to help him spot large moves in the market.
Lance is probably best-known for his Weekly Blitz Alerts service, but for whatever reason, this service does not show up on the page of the WealthPress website that lists the services Lance runs.
Instead, the website shows that he runs the following services:
- Blockbuster Breakout Calendar
- 3D Profit Surge Alerts
- 2 Click Profits
- Sweet Spot Stocks
- Future of Wealth
Each service varies in cost and caters to different types of traders/investors. The last service on the list, Future of Wealth, is a free newsletter where Lance shares his thoughts on the latest market trends in sectors like biotech, finance, and electric vehicles.
Future Of Wealth is also the name of Lance’s Youtube channel, where he shares his tips and insights related to trading on a weekly-to-monthly basis.
WealthPress is a financial publishing company that works with finance gurus like Lance Ippolito, Tom Busby, and Roger Scott, among others, to publish trading and investing services.
It’s not exactly clear who started the company; however, according to the WealthPress website, Conor Lynch is the co-founder. And according to the Better Business Bureau website, Morgan Busby is the owner. So I’m guessing Conor and Morgan are the co-founders of WealthPress.
Either way, from what I can tell, the company was founded somewhere between 2016 to 2017, is based in Florida, and is one of the more popular financial education companies out there.
Daily Profits War Room is a trading service that gives you access to four live trading sessions each week, where you can see the exact trades Lance Ippolito is placing.
You also get training, trade alerts, the ability to communicate with other traders in the “war room,” and the chance to win a trip to Florida to meet Lance in person.
On the plus side, $299 isn’t a huge amount to risk considering there’s a 14-day money-back guarantee on offer, and according to Lance, you only need $120 or so to trade each recommendation. And I think the Daily Profits Challenge is cool because it gives you the incentive to be more active, and the more active you are, the more likely you are to learn.
That said, I’m not a fan of some of the hype around making big gains within a short period of time because that is not the reality for most traders. And, unless I missed it, Lance doesn’t share his entire track record with this service; he only shares the highlights.
So, even though 238% gains may be possible, you should expect that there will be trades that work against you. This is the reality for ANY trading or investing service, which is why I always like to see the average gains the service has provided (wins and losses).
In any case, I decided not to join Daily Profits War Room because I decided it wasn’t for me, but what you decide to do is up to you.
Either way, I hope what I’ve shared helps you make a more informed choice, and feel free to drop a comment below if you’d like to share your experience with it.