Frequently Asked Questions
As a member, you will receive our daily email which is composed of a list of Symbols that can be traded for that day or week along with the price at which the trade can be made. It will also indicate if a long or a short position to be entered, at what price and when to exit the trade.
The Level 1 course is designed to empower all those who take the course with all the necessary basic information and concepts that is needed to trade inoptions.
An ordinary brokerage account with any options friendly broker that allows credit spreads trading is enough. Although there are many brokers, some free and some with fees and commissions, we usually suggest E-Trade (in the US) as the broker because of their ease of use, low on commissions and very user-friendly platform. Trading options does require some experience, so please make sure you complete Level 1 certification from this site and practice using the paper trading facility offered by E-Trade to allow yourself some exposure before entering real money trades.
Those who follow the guidelines provided here, in our courses, closely, chances of risk or loss is almost none. But since market is market and no one has any control on what can happen any time, no guarantees or assurances can be given at any point in time. But the strategies covered have their benefits of Hedging against any market or trade conditions.
No. All trades have a risk associated with them. But following our guidelines closely will mitigate the losses and more than 90% of the trades can be closed with a positive impact.
The monthly charge of our email subscription is $70.00 and it can be paid monthly and canceled at any time though no one really does as the subscription fee is so easily recovered even in one trade.
We sell credit put spreads or call spreads, depending on our forecast. If the conditions are right, we will pair the opened credit spreads with another credit spread to form an iron condor. This creates a trading range in which the underlying security can safely move. Sometimes we may use other strategies such as long calls or puts and straddles. We may also enter naked puts and calls in certain market conditions. In addition, we blend Equities and Options seamlessly for very high encouraging ROC.
Market conditions change constantly, and we must change with them. Also, the buying power available in your brokerage account determines how many trades can be entered. There may be times where we open weekly positions and at other times, monthly positions. Currently, we will be trading weekly positions with a 1-day holding period. This reduces our exposure to risk.
Yes. All those who complete all the levels, will get my personal support for any trade that is being placed. Be it structuring a trade or managing a trade. All suggestions will be given based on the existing positions.
