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MonetariFund Review (David Vlas)

David Vlas 1

David Vlasenko, better known as “David Vlas”, is a well-known YouTuber and influencer. He’s known for his YouTube channel, where he posts videos of him doing a variety of random things, like pranks, vlogs, challenges, a bit of charity work, and others. He usually does this with his little brother. However, he also has another YouTube channel where he posts videos related to business as well as making money online. This puts him in the same league with YouTubers like Biaheza and Meet Kevin, though David Vlas’ reputation as a business guru is somewhat questionable for me.

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Nonetheless, David recently began promoting an online course, named MonetariFund. In a nutshell, the MonetariFund is an educational platform that teaches people how you can earn money by trading. It’s being promoted as something that can let you earn as much as $100,000 in passive income through trading, even though you lack skills and experience. Even if you failed 15 times before at making money, this thing is completely different. As a program that teaches stock trading, it specializes in strategies for options trading. It should be stated here, however, that David Vlas isn’t the creator of the MonetariFund program, he just promotes it. As for who are the creators, there’s no mention of them anywhere.

But what is options trading? Most people are familiar with stock trading, but seasoned traders are well aware of this. Basically, a stock option (or “option” for short) is a contract between two parties that gives the buyer the right to buy or sell underlying stocks at a predetermined price and within a specified time period. You can think of it as an “insurance” for your stock portfolio that protects you from losing your investment money, in case a certain stock’s price drops. And just like with stocks themselves, you can also trade options in the same way.

But there’s also one important rule to keep in mind that in options trading. You can only trade a total of 3 options per week. Any more after that, and your brokerage account may be frozen for 90 days. This is known as the Pattern Day Trading (PDT) rule, and it was implemented back in 2001 as a safety feature to help reduce the risk associated with day trading. This rule is usually overlooked by most day traders because it rarely happens, and usually, a broker will notify you of that. Plus, this rule isn’t applicable if you have an account value of $25,000 in your margin account.

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The MonetariFund program consists of two parts. The first is the online course itself, and the second part is the private Discord group. Signing up for the MonetariFund gives you access to both features. Though they also offer free access to the Discord group, but the features you’ll have will be very limited as opposed to paying for access. The online course teaches most of the basics necessary to get you started at options trading. In addition, it also contains a few trading strategies claimed to be done by David Vlas himself, though there’s no evidence that David actually developed, or even used those strategies. Regardless, the online course is actually short, able to be completed in just a few hours.

The Discord group is where most of the action takes place. Here, you’ll be able to participate in live trading from some of the experts in this Discord group. Sometimes, David Vlas himself will participate in the live trading. When they make a trade that seems to have the potential for a huge profit, they’ll send a signal about this to most of the members there. As this is also a Discord group, there’s also a community chat here. This is where you can talk to fellow students of this program, and share and receive trading tips and strategies. Though I’m not really sure if David vlas also participates in some of the discussions going on in the chatroom, but it’s safe to say that he does.

The price for joining the Monetari Fund isn’t usually revealed upfront. Only after you watch his free webinar, you’ll be able to find out the price for this program. To join the Monetari Fund, you need a one-time payment of $,1995. Alternatively, you can also join the program by paying a monthly fee of $295. They also offer a “Lite” version wherein you can at least join the Discord trading group for free. However, you’ll only be limited to a maximum of two trading suggestions (the Paid version not only gives you an unlimited number of trade suggestions, but they’re also potentially higher trade picks, according to them). Honestly, I can’t trust a program whose developers don’t reveal themselves, and whose promoter is a YouTuber whose videos are full of clickbait.

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