Frequently Asked Questions

All trade alerts are sent via email. The members' area will also have pages to view the latest messages, alerts, and current positions.

Although we like to keep our members fully aware of the status of our positions as well as the current events of the market, there are times where there really isn't anything worth reporting. We don't want to flood your inbox and will keep you apprised of our positions as well as what's happening on Wall Street.

It is very important for you to have an account with an options friendly broker that will allow credit spread trades. They will understand credit spreads and the Iron Condor trade as well as have a lower maintenance requirement. If you do not currently have a broker, visit our Autotrade Page for a list of brokers. Trading credit spreads requires some experience. Before enrolling, be sure that you have a trading level access high enough to sell credit spreads if you plan to manually submit trades. If you have your broker autotrade for you, they may possibly upgrade your account automatically.

No, we cannot guarantee any type of performance but our goal is to earn 10% each month. We have over a decade of trading experience and have helped our members navigate through the most turbulent waters of the stock market. Take a look at our Performance Page to see how we've done.

No. All trades come with some level of risk. With an 80% to 90% success rate, we expect to have 2 losing months for every 12 month period. Losses will happen and we feel that the consistent success of our strategy will more than make up for any losses that we incur. Take a look at our Performance Page!

We do not execute trades for members. In fact, we have no control or access to trading accounts or the capital within. We have partnered with some autotrade providers that can trade your account for you. For more information, visit our Autotrade Page.

Our service is only $135.00/mo! Sorry, we do not offer quarterly or annual rates. We do not have long term contracts and you may cancel at anytime.

If, for any reason, you do not wish to participate in our service any longer, simply log in to the members' area and go to your account profile. A Cancel Subscription button is there and will be effective immediately once pressed.

Subscribe Now

We sell credit spreads that are either bullish or bearish in nature, depending on our forecast and how we structure the positions. 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.

Market conditions change constantly and we have to change with them. There may be times where we open weekly positions and at other times, monthly positions. Currently, we trade weekly positions with a 0-2-day holding period. This reduces our exposure to risk.

Everyone's situation is different and this is something you'll need to figure out for yourself. Some of our members started trading with $10,000 or $20,000, earning $1000 to $2000 per month. Any trading amount less than $5000 may result in noticeably reduced returns due to broker commissions. Be sure that you DO NOT trade with your entire portfolio and NEVER put everything in one basket.

This will depend on market conditions at that time. Currently, we be trade positions that expire the same day to limit our exposure to risk.

Currently, hold times are 0-2 days. It depends on the market conditions and when we see the right opportunity for a trade.

If all goes well, we don't have to close the trades at all. Instead, we wait for them to expire for a profit. When this happens, the positions are taken off the books and the premiums we collected become realized gains. Since we don't close the trades, we save on commission fees, increasing net profit. Of course, if things do go wrong, we buy back the positions to protect capital. If a position is doing great but we feel that recent news or economic data will jeopardize it, we will close the position to lock in a small profit and avoid the risk.

Autotrade is a service that certain brokers provide for their clients. When given authorization, brokers can submit trades for their clients in their accounts. Please visit our Autotrade Page for more information including a list of brokers.

This is up to the individual and what features or pricing are important to them. If you plan to use automated trading, you will need to use one of the brokers listed on our Autotrade Page.

Credit/Debit ÷ Maintenance Requirement = Profit/Loss
When we first sell a spread, we receive a credit. The maintenance requirement is the amount of cash the broker requires to open the spread. If we sell a $5.00 spread for $0.15, the maintenance requirement would be $4.85 ($5.00 − $0.15). If this spread expires worthless, we would calculate the profit like this: $0.15 ÷ $4.85 = 3.09%. We try to open 4 of these trades per month and if all goes well, that's a net return of 12.4%. Let's say the market goes against us and we bought the spread back for $0.65. We can calculate our return using the formula above: ($0.15 - $0.65) / $4.85 = -10.3%.