What is Biotech Breakouts?
BiotechBreakouts.com is a website run by multi-millionaire trader, Kyle Dennis. The platform offers a handful of services (FDA Insider Alerts, Sniper Report, Option Rocket, and The Nucleus) that typically include video lessons, watch lists, chat rooms, and other educational content for members to consume and interact within. Due to Kyle’s own personal trading success, complete transparency in his approach, and supreme ability to teach others, his educational packages are widely regarded as some of the best on Wall Street.
But that stance doesn’t come without criticism. There are a handful of individuals who would characterize Kyle as a “fake guru” that offers the “worst service I ever signed up for” with “horrible customer service” and “no refunds”. Then there are others who describe him as “articulate”, “completely transparent”, and “immensely impressive” with services that offer “excellent resources”, “great teaching material”, and an “amazing experience”. The point here is that everyone has a right to their own opinion and his services aren’t a good fit for everyone. So anyone considering joining one of his programs should fully understand what they’re getting into. I suggest checking out all Biotech Breakout reviews at TrustPilot.com.
What is Kyle Dennis’ Story?
Back in 2012, Kyle started with a relatively modest $15,000 trading account. Like most other traders just starting out, he encountered some early struggles, nearly losing half of his portfolio. But he quickly bounced back from his mistakes, was committed to continuously improving his skills, and before he knew it was making more trading the markets than from his full-time job as a Real Estate Analyst with a salary of roughly $35,000 per year. It was at that point he realized that trading could potentially become a full-time pursuit for him.
In 2015, he joined Jason Bond’s Millionaire Roadmap, which is an expert mentorship service much like the one he runs for his own students today called The Nucleus. These mentorship services are designed for extremely dedicated traders looking to take their abilities and profits to the next level. And Kyle’s choice to join Millionaire Roadmap had an incredible impact on his account. From 2014 to 2015, his annual profits increased nearly 1,700% from about $50,000 to $850,000. It’s no surprise at that point that he decided to quit his job to pursue trading on a full-time basis. In each of the past three years, Kyle has exceeded $1,000,000 in profits. At this moment in time, he’s well on his way to the $5,000,000 profit mark.
Understanding the Various Factors Involved in Trading Success:
Unfortunately, there are tons of traders out there that never find consistent success in the markets, even after seeking out high-quality mentorship services like Millionaire Roadmap or The Nucleus. The reality is that there are numerous factors involved in each individual’s success and they have to take full accountability for it. There are absolutely no guarantees in the markets. None. And on top of that, humans simply aren’t naturally wired to be good traders. That means it takes a lot of hard work to not only learn trading concepts and how to pinpoint opportunities, but to Develop the Proper Mentality required for sustainable success as well.
|#1 Reason 90% of Traders Fail and How You Can Avoid Being One of Them|
In other words, simply subscribing to such a service is only a tiny first step toward consistency, self-sufficiency, and overall success. People think they can dish out some money for a subscription and automatically be a consistently profitable trader. But just because you’re part of a trading community and receiving watch lists and alerts, it doesn’t automatically make you a disciplined or consistent trader. It still takes quite a bit of hard work on the subscriber’s end to learn concepts, adapt to real-time market changes, and apply strategies on their own. There’s much more to it than merely chasing alerts. Blindly mirroring, although it sounds like an attractive approach, is not a method that generates sustainable, long-term success.
Side Note – Humans Aren’t Naturally Wired to Be Good Traders
Few people are ever able to achieve consistent profits as traders, even individuals who are highly succesful otherwise (Doctors, Lawyers, Executives, etc.). Most people think it has to do with being a great market analyst or finding some “Holy Grail” system that never loses. But the determining factor is actually your own psychology and mindset. Most people don’t even realize it, but their Emotions Are Signficantly Hindering Their Results.
They’re scared of being wrong, losing money, missing out, and leaving money on the table, which causes them to enter trades too early/late, exit too early/late, and make all kinds of trading errors. The reality is that we are all susceptible to unstructured, random trading because we want to avoid responsibility. But personal accountability is critical because operating effectively in an environement that has qualities and characteristics that we’re not used to requires us to change our behaviors. Sadly, traders typically ignore the fact that they have to adapt and ultimately suffer years of emotional and financial pain before realizing it.
So What Does Kyle Dennis Offer at Biotech Breakouts That Allows Members to Be Successful?
In general, the odds are not in your favor to be a successful trader, especially on your own. But having a mentor like Kyle Dennis and a supportive community of dedicated traders can help you understand exactly what it takes to be profitable on a consistent basis. Immersing yourself within the community and learning from Kyle’s instruction can help re-shape your mindset and turn your approach into a disciplined and ultimately profitable one.
I can’t say enough good things about this service! I think it’s amazing that Kyle dedicates the time and effort to be there consistently and create great educational videos that I can review! I’m learning every day and I’m extremely excited about what my future in trading holds as I develop my own unique strategies based on what I’m learning in the Nucleus. Thanks again Kyle, I really appreciate what you’re doing for me!!!
– Erick W.
Biotech Breakouts is truly an excellent resource for anyone genuinely interested in learning how to be a skilled trader. Kyle, Peter and Justin are knowledgeable, articulate, patient, supportive and straightforward. The educational resources are well organized and very informative. No aspect of trading is overlooked, and subscribers can easily choose their entry point to address their specific questions, interests and areas of need. As a result of the teaching that I received over the course of my first two months, I have gained on two-thirds of my trades with an average return of 10%. More importantly, I gain skill and confidence with each day and look forward to the coming months.
– William H
Very nervous making the investment for this, but after just three weeks of small investments ($2000 or less) I have nearly been paid back. The education is beyond anything I could have imagined. I have already learned how to churn my account for short term profits, find my own stocks and trade them. I have made money following his trades and using his techniques for finding my own. Very good style of teaching. Watching the live trading is educational and enjoyable. Best investment I have made.
– Jeff E.
Instead of being lost and unfocused, Kyle’s services offer structure and specific strategies to help members hone their skills, research methods, and trading principles. He’s made all of the rookie mistakes that are commonplace amongst beginners and he can help you learn from that if you are willing to. He’s grown small accounts into large ones relatively quickly, and can teach you to do the same. But keep in mind, it’s not about blindly mirroring alerts. It’s about mirroring the process and mindset. Overall, you have to put in the work. That’s what results in long-term, consistent trading success.
The Wrap Up – Is Biotech Breakouts Legit or a Scam?
The reality is that Biotech Breakouts simply won’t work for everybody. That’s because merely subscribing is no guarantee of success. Everybody has their own portfolio sizes, risk tolerances, personal schedules, trading preferences, etc. So each trade they choose to enter needs to be executed with these factors in mind. Trying to blindly mirror Kyle’s alerts or follow hot picks won’t get you very far. Maybe some of these “blind trades” might work in the short-term, but over the long-term it’s not a sustainable or safe approach. Those who choose to blindly mirror alerts are often the ones who turn up weeks or months later calling the service a scam. But it doesn’t have to be that way.
|An Inside Look at How Kyle Dennis Turned $15K Into Millions|
|Take Your Opportunity to Learn Kyle’s Biotech Catalyst Swing Trading Strategy For Free|
What will swing the odds of success much more heavily in your favor is to actually study the video lessons, interact within the community, continuously work on your mindset, and take steps every single day to become a more knowledgable, competent trader. It’s the understanding of the trading principles and your ability to follow/execute those principles that results in success. Not blindly following alerts. Ultimately, you get out of it what you put into it. If you’re willing to work hard to develop your own skills and mindset, then the tools and resources Kyle provides will be there to assist you. But if you’re not interested in learning anything and are expecting alerts to create success for you, then you’ll be in trouble sooner or later.
Written by Matt Thomas (@MattThomasEST)
Related Pages:
- BiotechBreakouts.com Review – Kyle Dennis Exceeds $3M in Trading Profits
- What is Option Rocket With Kyle Dennis? I.G.N.I.T.E Your Trading Profits
- How to Learn Kyle Dennis’ Biotech Catalyst Swing Trading Strategy For Free
- Kyle Dennis Reviews & Testimonials From Members at Biotech Breakouts
- What is Biotech Breakouts? Capture Explosive Gains in Biotech Stocks
I dabbled in a bit of trading earlier this year and just made £100 without really knowing what I was doing. A trader put me on to some commodities and lost £200 for me. And she had 10 years experience. Go figure…
Thank you for reviewing this program for me. As I make money with my other endeavours, I plan to invest some into trading. I will read up about trading methods to understand more of what techniques I should apply. Also to learn the jargon involved.
Hi Stella – that’s the scary thing about trading. Scary in the sense that a lot of people jump right into it thinking it’s so easy. They think that all they have to do is click a few buttons and magically make money in a few minutes/hours/days. But eventually the market humbles them. The reality is that it’s really simple to trade stocks, but it’s extremely difficult to be a trader. Especially a self-sufficient, consistently-profitable one. Anything can happen on any single trade and nobody can predict the future with 100% certainty. Which is why understanding risk vs. reward and implementing a disciplined approach is so critical to success. It’s about playing probabilities (and taking losses when necessary) as opposed to needing to be “right” on every trade. Trading oftentimes goes against the very nature of humans, which is to act emotionally and impulsively in stressful situations, and it takes time to transform oneself into a stable, clear-minded trader who sticks to his/her plan no matter what. There are numerous factors involved in each individual’s trading success, but the most critical one (and most surprising to many), is Mindset.
This training program seems pretty interesting to me – I’m a part time trader/investor and I would like to learn a little more on the ‘technique’ side of things.
One question though – is Kyle a stock trader or a forex trader?
I only ask as I have no interest in forex – far too volatile for my personality – I always stick to stocks
Hi Chris – Kyle is primarily a stock trader, although he does trade options from time-to-time. In fact, he just recently launched a popular service based on his options trading methods called Option Rocket. But overall, he’s more of a stock trader than anything else. No forex as far as I know, at least not for what he teaches and shares through his various services. You can check out this page of Free Resources for more information on his techniques and overall approach to trading.
Is this a software that can be applied to your trading platform, and could it be used with forex? If so, do you need a particular platform to install the software to? I’m already familiar with trading, but like you said, inconsistent results can really undermine your overall ability to move forward with confidence. Does it use proprietary indicators/strategies or does it use common default indicators that you apply to a chart? If you have the right mix of indicators put together and then add arrows and signals for entries, i’ve seen software like that, but ultimately, i haven’t found anything super reliable. How good is this system, especially if you wanted to trade lower time frames/intra-day trading?
Biotech Breakouts is not a software – it’s a suite of stock trading education programs run by Kyle Dennis. One of his most popular programs, FDA Insider Alerts, focuses entirely on stocks within the biotech industry. The goal in this program is to capture run-ups into critical events/announcements (data readouts, conferences, etc.).
There’s a lot of hype and volatility within the sector, which Kyle attempts to capitalize on in the days and weeks leading up to such catalysts. It’s a short-term strategy with typical hold times of a few days to a few weeks. His decisions to enter trades are based on both technical factors (chart patterns, volume, etc.) and fundamental factors (drug pipeline, growth potential, institutional interest, etc.). There’s certain criteria that he looks for, but he doesn’t rely on any particular technical indicator to tell him exactly when to enter and exit. He utilizes basic charts and looks for simple chart patterns on E*Trade and Finviz.
To be honest, I have no idea about biotech trading – I was just googling how to make money online and stumbled across your page. But after reading it, it’s very interesting to know about Biotech Breakouts. You said that not everyone is going to be consistent with their trading which gives me some relief because if I started then I’d know I’m not the only one! I’ll have to get my dad to read this website as he’s a bit more experienced with this kind of thing and he will be able to explain it properly to me. Also, I’m interested in Kyle’s free millionaire playbook. I’ll check it out later today when I get home from work.
I’ve been looking into trading as an option to make money from home. I know that it takes a lot of skill and some luck. Do you have any personal experience using Biotech Breakouts? What’s your experience? I just don’t want to lose my money on something that I’m not sure about. Do you have any better recommendations to make money from home?
Hi Marlinda – great questions. Becoming a consistently profitable trader can be difficult since it requires individuals to cultivate the proper mindset and learn new skills. Humans are naturally hardwired to react emotionally, which doesn’t translate well into trading. Once we learn how a new environment like the stock market operates and adapt our own behaviors to interact appropriately within it, then some major profits can potentially be made. But it’s a journey and it takes time and effort to get there. Kyle Dennis has achieved quite a bit of success in a relatively short period of time and now consistently surpasses $1 million per year in profits, but he studies and monitors the market constantly to achieve that result.
Many of his students have experienced great results as well, but individual outcomes vary based on experience levels, portfolio sizes, risk tolerances, personal schedules, etc. I’ve had positive experiences with his programs (FDA Insider Alerts, Sniper Report, Option Rocket & Nucleus), but if you’re not sure about any of them I suggest Following Kyle For Free on Facebook, Twitter, Instagram, and his blog. You can also check out These Free Resources I’ve compiled in one post to learn from him as well. There are numerous ways to make money from home (starting a business, trading, etc.) and you just have to find the right fit for your own personal situation. Trading has its pros and cons just like any other endeavor.
Every once in a while I read about trading. I even dabbled a little some years back but never really got going. I guess whatever I signed up with for training etc… just wasn’t a fit for me.
I think you do a really good job emphasizing that point. Not everything works for everyone. When people realize that, they become less critical of what may work for someone else, even though it did not work for them. Sometimes, the glove just doesn’t fit the hand. If you really want something, that’s when you keep looking until you find the right match.
I see that you mentioned two mentorship programs. Are these programs that you have personally used? Are they what you would consider the foundation of the journey you are now on? If a newbie (totally fresh) were to be interested in trading, is that where you would suggest they start?
Hi Mitch – I appreciate your input. After utilizing and reviewing so many trading programs and services over the past few years, it’s always interesting to see the wide range of results that subscribers can achieve. Like how can some members consistently achieve six or seven-figure gains each year while others are struggling to even be profitable? They all have access to the same information and resources, yet they’re experiencing drastically different results. And what I’ve recently found is that most people focus solely on what I like to call top-level tools like daily newsletters and real-time trade alerts, but ignore the bottom-level (foundational) elements that are critical for sustained, long-term success. To your point, fit definitely matters. For example, you don’t want to subscribe to a fast-paced day trading program when you have virtually no availability during markets hours. But without the proper foundation, no program will ever be a fit or allow you to experience great results.
To expand on that even further, the main foundational element I’m referring to is mindset. Humans have a tendency to self-sabotage through their own thoughts, bad habits, short attention spans, and false beliefs. Just to give a few examples, some people actually feel bad or guilty about making money, so subconsciously they’ll make trading decisions to keep them from doing so. Some people trade for the “thrill” of it, essentially turning it into gambling, and can’t stick to a proper trading plan because they’re addicted to random results. Some people only want to blindly mirror somebody’s else’s alerts, but all they’re really doing is deferring accountability from themselves. They’re scared of failure, so they want somebody else to blame if things go poorly. All of these negative thought patterns and tendencies need to be worked out before learning a top-level system. Unfortunately, a lot of individuals aren’t even aware of their own adverse thoughts and behaviors, or completely ignore them, and wonder why they keep breaking even or losing money (acting impulsively, irrationally, etc.). Overall, the most successful traders continuously work toward cultivating the Proper Mindset.
I’ve personally utilized both Millionaire Roadmap and Nucleus in the past, and they’re both outstanding programs in my opinion. Not only do they both offer direct access to millionaire traders via real-time chat, webinars, video watch lists, and more, but the day-to-day transparency is unmatched. Jason and Kyle both live stream their portfolios for all members to see. They’ll talk through scanning for setups, reasons why they’re entering/exiting specific trades, and answering questions from members. Being in an environment like this on a daily basis is invaluable. I do think these two programs are great for beginners, but they have to be careful not to get overwhelmed. There is a ton of educational content to be consumed and a lot of traders sharing their ideas/opinions on a daily basis. Newbies should also be able to display some restraint. It’s enticing to join and want to blindly follow Jason or others into as many trades as possible, but without any sort of education on basic trading concepts like trading plans, stop losses, risk vs. reward, support & resistance, etc., that’s a dangerous approach (that far too many people take). It’s typically best to take it slow, build up the proper foundation of knowledge and mindset, and work your way into real money trading once you feel comfortable doing so. There’s no rush – there’s always a new opportunity in the market. Don’t feel like you’re missing out.
I have received your post from a relative of mine where I once had talked to about a trading, but for me personally, I was always concerned how to find the right program to learn from and to have some help along the way so to speak.
I have read your article carefully and with lots of interest and I do appreciate the honesty that even Biotech Breakouts might not be suitable for everyone. The phrase come into my mind that you can lead the horse to the water but you can’t make it drink the water.
However, I feel very comfortable in giving it a try since I do appreciate a good mentorship and it seems to me that Kyle Dennis is the right person for it.
Kyle displays perseverance, hard work, and dedication. He makes me belief that I will ultimately be successful no matter what pitfalls I have to come through. Kyle experienced some trading mishaps of his own early on (and still does), but he always bounces back and overcomes them. Kyle’s biotech breakouts service is not a scam. I really like Nucleus.
This is really cool. It always has been a dream of mine to make a full-time living trading stocks. I have been saving up some cash to get started with, reading books on the stock market, and been doing paper trading for a while.
But I know all those things isn’t nothing like the real emotions and feelings you get when trading stocks. So I have been looking for a mentor or program that can teach me what to look for when making transactions or how to find potential stocks. That’s why I am glad I came across Biotech Breakouts and Kyle Dennis, exactly what I was looking for.
Trading, as you said, can be a very difficult thing to be successful in especially if you have no experience with it or just a beginner. It is interesting to read about Kyle’s background and what led him to success and while some people have also found success with his BioTech Breakouts, others have not and it sounds like there are no refunds. It is a constant learning process though and just because there are alerts doesn’t mean it’ll lead you to success. Heck, look at what the market did today! Anyway, thanks for sharing this review of Biotech Breakouts and if it’s a scam or not.
Hi Brian – I appreciate your comments. In general, a lot of people join with the intent of blindly mirroring Kyle’s alerts and expecting to find massive success doing so. But in the long-run, this approach doesn’t work. Without a proper foundation and mindset, prospective traders shouldn’t expect to be successful. Overall, the real success is achieved by individuals who are willing to put the work in to educate themselves, cultivate a disciplined mindset, and apply the concepts they learn to their own trades (ones that they scanned for, researched, and decided to enter/exit). The copycat approach just doesn’t work well, especially in active trading. But when subscribers choose to learn the concepts, practice them, and take personal accountability for their trading operations, it leads to self-sufficiency and consistency. That should be every trader’s ultimate goal.
This is an interesting article for someone who is looking to learn trading, and specifically in the biotech sector. I see there are other articles linked that expand on Kyle’s success and provide more info. I have bookmarked those for further research.
I get what you are saying about mindset being the biggest stumbling block for the majority of people because I believe that, too. I have encountered it in many other areas of life, and it is something that I have had to come to terms with in my own experiences and pursuits.
However, one phrase that I had trouble getting my head around and making total sense of what you are saying here is “blindly mirror Kyle’s alerts.” What exactly are “alerts?” And how does “mirroring” happen? Could you elaborate on that a bit more for me?
Thanks for the great review of Kyle’s program.
Hi Stella. So a lot of the services (commonly referred to as “newsletters”) within the stock trading space will offer watch lists, special reports on particular sectors/stocks, and text & email alerts when they enter and exit positions. The problem with this is that quite a few subscribers get involved with these programs solely for the alerts. They’re looking for an easy way to make money without putting any sort of effort into it pretty much. But the reality is that “chasing” or “blindly mirroring” these alerts simply won’t work, especially without any sort of understanding of core trading principles like portfolio allocation and risk management. Some people will actually receive an alert, act on that alert with 100% of their portfolio, that particular trade won’t work and they’ll end up losing a large chunk of their portfolio, and then blame the service provider for their own mistakes and ignorance. They take no accountability for their actions and immediately view all of these programs as scams.
But what these alerts should actually be used for is transparency and as a supplement to everything else being offered. The most important aspect of any of these programs is the type of educational material they provide so that ultimately subscribers can become self-sufficient and consistent. In other words, there should be video lessons, webinars, and modules to teach the “how” and “why” behind the approach. All of the little details that go into scanning for opportunities, researching potential trades, and actually executing those trades is essential. The goal is to arm members with the knowledge to execute the strategy from A-Z on their own. It’s about creating knowledgeable and confident traders – not copycats. Everyone thinks they want “hot picks” and “alerts”, but they’re just doing themselves a disservice by avoiding the educational aspects and just trying to mirror/copy. Some winning trades might happen from time to time out of sheer luck, but overall it’s a dangerous game to play in the long-run.