We discuss money management and asset allocation in the Member's area in much more detail, but here is a little information to give you some idea. We recommend you start off small and conservative. Don't allocate more than 7% - 10% per trade and try to keep 30% - 50% in cash. This will keep you out of trouble especially in the beginning. If you wish to be more aggressive you can read our various Tutorials in the Member's area of our website. We average 6 - 10 trades open at any given time. Most of these trades are all on the same Index, but at various strike levels and expiration months. It is very easy to keep track of the trades as you only need to be aware of your closest strikes to the money. You will only have to keep track of 1 - 4 different ticker symbols with our service.

       That's why we are here. We will take you by the hand and show you and teach you. We will explain the entire trade in great detail including how to enter and exit.

       Yes you can! We make very consistent money every month. This is the steadiest form of stock market trading there is. We stack the deck in our favor every time we trade. We remove almost all emotion from our trades as well.

       See our getting started section where we list and describe some options friendly brokers.

       The amounts may vary, but it will most likely be around $2,000 - $3,000.

       We recommend starting with at least $5,000 - $10,000. You can start with less. It will mostly depend on your commission structure with your broker, as the smaller the account size, the more impact commissions have on your bottom line. Some of the best traders put their money into learning and education first. You can always follow along in a virtual account; build your knowledge and gain experience while saving up money to trade in a real account.

       That can be true especially if you are buying short term options. Buying short term options gives you about a 1 out of 4 chance of ending profitable. We trade much more conservatively. We SELL short term options. This allows us to benefit from the rapid time decay of short term options. This gives us a 3 out of 4 chance of being profitable.

       It is hard to say as it depends solely on what the market is doing. We don't always enter on a particular day of the month per say. We do post updates when they are necessary. We don't want to overwhelm you with information or clog up the inbox of your email. If the market is all over the place we will probably have more updates during this time to keep you on top of things.

       When you join us we may be getting ready to enter a trade or we may have just entered a trade. There is no perfect time to join. Don't be in a hurry. Get familiar with our system and our site. You may still be able to get into the same trades we are in. You will see in our member's area when we got in and at what price. If not, don't force a trade. Go through our past trades and get a feel for what we do and be ready to enter the next trade that is posted.

       The maximum will probably be about 7 - 8 weeks and the minimum a few days to a week or two. That's the range and usually falls somewhere in the middle of these time frames.

       We do! We will give you alerts that you can set to warn you if a position may be violated. These alerts can be sent directly to your cell phone, so you don't even have to worry about missing an email or can't get to a computer to check our site. Normally we will let our positions just expire worthless, but occasionally we will need to exit early. We use alerts rather than a physical stop loss. You will see why, but you can certainly use a stop loss instead if you prefer.

       At this time we do not. We offer a complete trading system that has been tweaked and optimized for many years. We feel it is the best one available and that's why we are here. We want to discourage current and future so-called competitors from gaining access to our information. We also believe that whether you're paper trading, virtual trading, or trading with real money, you will take our site and our information more seriously if you've paid a fee than if it were for free. We want you to stay with us through all types of market environments. Learn the strategy and our trading system and make a lot of money. We're not looking for people to just try it out for 30 days and keep jumping around. We have found the Holy Grail and want to share it with you. Usually after just the first or second whole month trading with us, our subscribers have made enough money to pay for an entire years' subscription and then some. We said usually, instead of definitely because account sizes vary and we do have an occasional bad month.

       No. Many people join us and just follow along and learn at their own pace however long it takes until they are comfortable trading with real money. You can lose a lot of money really quickly in the stock market if you don't know what you're doing. We're here to help and to speed up your learning curve. There's nothing wrong with practice trading for a while. Most brokers have a virtual trading platform and we've listed some other sites that have them as well on our Getting Started page. The type of trading we do is considered advanced, but the virtual accounts are so sophisticated now that you can trade credit spreads in them as well. Even if you have money and are ready to trade; use the virtual account to get used to the mechanics of entering the trade online. If you ever switch to a different broker it is also a good idea to use their practice platform first to get used to how their site functions.

       We give you two different methods. You can log in to our member's area with your username and password, and you will also receive our updates via email.

       The SEC states that our performance record cannot be displayed to the general public if the trades were real trades in a real brokerage account. We can't speak for what other sites do. We don't want to violate what the SEC says. However, we do have our track record posted in the member's area.

       Most people don't know about them. Only about 4% or less of the trading community knows about them. Some of the options friendly brokers promote them and educate people about them. Some of the stock market education companies are now teaching these strategies as well. The floor traders and professional traders have known about them for quite some time. It was probably not cost effective until recently for the average person or smaller size trading account. These strategies are a bit more commission intensive and until recently commissions were probably too high for the average person to make a go of this. The professionals and floor traders pay less in commissions and also are allowed greater leverage in terms of margin requirements than most small private traders.

       We have a target of around 10% per month; some months less and some months more. This is what we've found to be the best risk/reward ratio in our trading accounts for this system. To get an idea of what 10% per month can grow to, use our monthly compounding interest calculator Click Here

       We don't see the need for all that extra clutter. How does anyone know if they are actually real anyway? The only real testimonials would be listing someone's first and last name and the city and state they are from, and then we'd have many people annoyed with receiving phone calls and letters all the time. Check it out on other sites, you'll see a first and last name, but no location, or a location and only the first name, it's usually all bogus.

       Yes. We trade only the most liquid options out there. Sites that state they will only allow 3 more people and won't allow any more or that only allow 100 subscribers at any given time, are just lying to you. It's a marketing tactic fear of loss, urgency thing. We are honest and have the utmost integrity. If this issue of having too many subscribers ever comes up, we will simply remove the subscribe button to our site and the problem will be immediately solved.

       We have been trading since 2000. We have not subscribed to other sites to see what they are doing, but just from browsing around we see many mistakes being made. It's a learning curve and comes down to experience and expertise. There are some Indexes and ETF's we don't trade anymore. They may be too volatile, illiquid, not enough volume and open interest, poor risk/reward, or just had poor results. There are a lot of little things that you learn over time. We didn't just learn how to do this a few months ago. It's been a long, hard process with a ton of research, time, effort, and money to figure it all out. We have an entire trading system and trading plan that evolves around trading what we do and how we do it. If you just want to learn about credit spreads and iron condors you can do that for free on the internet, but if you want to make a living trading them you need to tap into a complete and proven system.