Think of it this way: the Level 1 Plan is completely do-it-yourself and the Level 2 plan includes alerts called out by our analysts as well as investment and trade positioning for future events.
At Level 1, you get access to all the scenarios, all of the data, alerts with the ability to customize them, and all of the trends. You do not get as many years of data, assistance from humans (except the customer support line), unlimited customized alerts, personal training on how to use the platform and its data, or Level 2 scenarios.
If you subscribe to Level 1, you can convert to Level 2 and the remaining amount of your Level 1 subscription will offset part or all of the first month of Level 2.
However, because Level 2 comes with training one-on-one on how to optimize use of the platform, there are no downgrades to Level 1 available save for extraordinary situations.
If you are new to trading, it's probably better to get the extra help from Level 2 to avoid the learning curve. But it depends on your financial situation. You will need capital to invest in the trades.
The trade ideas we come up with are shared with Level 2 members, and many of the trades we share include the use of options contracts to mitigate risk and maximize profits. These ideas include our thoughts and best practices on target entry and exit prices. We also send SMS (text) alerts to Level 2 members only. On average, we send 1-2 new trade ideas per week.
The training provided in the Level 2 plan alone is worth the subscription price for the year. It's like getting 3 years of trading experience packed into one hour. And it's information that can be used for many years, so that is something to value and consider.
But if you're comfortable trading and following the data on your own, Level 1 is still a great value and many members enjoy doing things on their own.
There are a few reasons:
1) Because we provide a lot of value on day 1 in the form of reports, data, ideas, and analytics, we have to recoup our costs regardless of how long a user stays a user. Just like Tableau, Dunn & Bradstreet, ZoomInfo, and other databases that charge annually, a lot of value is provided all up front, so we front load our fees.
2) Unfortunately, we've had to manage a lot of data abuse, where users took advantage of our hard work without properly paying for it when we had a lower monthly fee.
3) We want our members to spend a little time reading the awesome help guides we write instead of just bailing if something doesn't make sense right away. Having some skin in the game makes it more likely a member will make an effort.
We significantly discount the annual fee for Level 1 and Level 2, to enable members to retain benefits over the longer term.
We don't track all reviews of LevelFields, but here are a few that Google identified for us in our brand alerts: