Quickstart Guide to Making Money with OPTION TRADE ALERTS:
1) Sign up for your 30 Day Free trial of the OPTION TRADE ALERTS Service!
Unlike any other advisory service, want you to test our trade suggestions and get comfortable with our method of trading BEFORE you start paying for the service! We have nothing to hide, and we want you to "test this out", to decide if this is really for you.
Registration requires a credit card for sign up, however, and you will not be billed until the monthly anniversary of your sign up date! This is to ensure that you are serious about using our service, and we need to see this commitment before we will allow access to live alerts!
Once you have completed the registration process, you will have immediate access to Trade Alerts posted on our site within the last 60 days, and you will receive immediate notification via email of all future trade suggestions!
As mentioned before, your subscription is only $75.00 per month, and you may cancel at any time! If you have a serious desire to make money using our methods, don't hesitate, Register today, and get trade alerts to make money tomorrow!
Feel free to match past recommendations with charts and quotes from an already established trading account, to prove what we say! 2) Open a Brokerage account to trade options.
We are not affiliated with any brokerage houses, so we refrain from making any reccommendations as to which one to use!
When opening your account, you will need to request a trading level which will allow you to place "Short Straddles" (Most brokerage houses call it Level 5 Trading Privilages; other brokers might have different terminology so you will need to check with your broker) All brokers will ask you to fill out a questionnaire asking about your level of experience in trading options. All brokers will require a certain level of options trading experience before they will grant you this trading level.
Brokers like to see the applicant buying about 40 or more calls and puts per year and writing 60 or more spreads per year as their required threshold to grant Level 5 trading privileges. This will give you some guidance as you fill out the questionnaire. The brokers need to protect themselves, and this is why they collect this info, regardless if this information is accurate or not.
If you don't show any past options trading experience on the questionnaire, they will not grant you level 5 trading privileges, and you will not be able to execute any trades that are recommended through this advisory. If you need more help on this please contact us.
3) Use you broker's "Virtual Trading" tools.
We recommend to start by funding your account with your pre-determined "risk capital". This can be any amount above $2000.00, which is usually the minimum for margin accounts. Most brokerages should allow you to open an account online and immediately have access to all trading tools. You will not be able to trade "real" money, until you have funded your account.
However, for the purposes of "testing" our methods, opening your account allows you to use "virtual" funds! As mentioned in other areas of this website, we would advise you to use the option of trading a "virtual" account before you use your trading capital. You will not make any money initially with virtual trading, but you will get a feel for how we trade and how to place orders.
There are many brokerage houses which also allow you to trade virtually, and if you already have an account with one of these houses, feel free to test our trades in your account!
4) Go "LIVE" and start making "REAL" money!
Virtual trading is fine, if you like talking about how much money you "could have made". However, our members make "real" money using "real" capital! Obviously, we want everyone to start out small and slowly pick up our trading strategy! However, as soon as you have mastered the process of executing our recommendations, you are ready to go live!
We also recommend setting up an excel spreadsheet to track your trades and Return on Investment. Don't worry about the dollar amount of your gains, focus on the percentage gains! As you gain more experience and confidence with this particular options strategy you can increase you position size and increase the dollar amount of your gains.
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