WealthVine Review

Platinum Traders

WealthVine review of Peter Parks' Platinum Traders Beta Group

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I first became a member of Peter's group in May 2020. I continue to use his picks and rewatch his extensive training over and over! PLEASE make sure you watch my full overview video below before signing up. As always, don't hesitate to message me if you have more questions!

Greg Beuerle, Creator of WealthVine

What exactly IS this program?

Platinum Traders Beta Group is primarily an options trading program. Peter issues anywhere from 1 to 4 trade recommendations per day via text and email alerts.

Each trade is entered in your own brokerage account. There is both a one-time and recurring monthly cost to be a member of this program, however.

Peter also conducts live calls most Sunday afternoons (EST) that you can attend, but you are not required to attend them, and all calls are recorded and put into the members area.

For more info, scroll down to watch my video overview of this program!

What is INCLUDED with this program?

I consider this primarily an advanced options training program. There is a TON of in-depth video content in the members area, and along with the weekly live calls, there is no shortage of information for you to absorb! Most trading days Peter also issues trade recommendation alerts. You'll get anywhere from 1-4 per day when he's trading.

To the right (or below if on mobile) you can see sample trade texts that we receive each day.

Trade recommendations are sent out via email and text, and Peter frequently sends out end-of-day recap messages as well discussing how he did, and any thoughts he has on the day.

To be clear, this is NOT a program for a complete beginner. I highly recommend that you have at least a basic understanding of trading options. More importantly you must have the DESIRE and DRIVE to improve your trading by utilizing Peters training.

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Frequently asked QUESTIONS :

It costs $2997 one-time and then $697 recurring per month to be a member. This is NOT a cheap program by any means!

There are additional costs to enter options trades, but those are ONLY done on YOUR OWN online brokerage account.

There are absolutely no hidden fees. And with a monthly recurring charge already… there shouldn't be!

There is no guarantee that you will make money, however I have done extremely well with Peter's picks to date. We HAVE lost money on many trades, but my “winners” far outweigh my “losers”.

There is also a NO REFUND policy once you sign up, and you must give 3 days notice prior to cancelling your monthly recurring subscription. 

Please note that you WILL receive multiple emails a week before your subscription renews each month, so you have ample notice and time to cancel if you wish! I truly appreciate the transparency from Peter and sending multiple reminder emails. 🙂

Well the smart-aleck answer is “how long is a piece of string”?

The answer depends primarily on 3 things:

  1. How much you invest in each trade.
  2. The performance of that trade (did it win or lose).
  3. How dedicated you are to making this work over the long haul.

I also don't want to be rude, but if your primary concern is this question, then this program is NOT for you! 

It requires time and dedication to learning Peters system and to create your own success.

On every options trading platform you will see warnings about the risk associated with trading options. That is the PRIMARY reason that I purchase programs such as this, where I have an expert “driving the bus” so to speak.

The primary value of this system is the information and trade recommendations provided. When you get a trade recommendation email and text, there are simple instructions for entry and exit and all you do is follow the instructions.

To be fair… there will always be risk when investing. You could certainly lose the money you put in, and we have certainly had losing trades! But, if a trade isn't going well, Andrew will instruct us to get out early and preserve capital. In other programs, you just end up losing your entire investment into that trade because nobody told you to get out early!

I don't recommend this program for beginners at this time. It's too expensive, the training is very in-depth, and you need a bit more money in your brokerage account to afford most of Peter's picks.

I would recommend checking out one of the other options trading programs I have reviewed on this website for a more beginner-friendly choice!

The program has a support email for members and they are very responsive. I typically get responses same-day, but no longer than 24 hours or so.

Also, Peter frequently has a live Zoom call on Sunday afternoons that you can attend. This is a great way to get your more in-depth questions answered directly by Peter.

Check out our VIDEOS :

Here is an overview video I created for Platinum Traders Beta Group. What I frequently referred to as Program “X”. 

Introduction to Platinum Traders Beta Group.

Affiliate Disclosure

WealthVine may receive a commission when a purchase is made from one of our links. This does NOT increase the cost to you. In fact, we have negotiated a lower price for our readers on many programs and services. 

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