Hi
After numerous attempts to trade as they recommend, I have stopped the strategy. My reason for this decision is that I cannot "for the life of me" get the same filling price. It is easy to say for example: buy x stock "bull put credit" for $10 and sell it for $20 and look at the excellent...
Yes, I am getting the same result.
I can never match their filling prices. I am starting to think that their filling prices are just a myth and based on that their profit margins are inflated. Think about it. It is near impossible to trade like they trade. Also they recommend a 10% risk on each...
Thanks
It seems like he is pretty solid. And I am busy with the videos on his site. There are quite a few. His course is costly and I don't want to make the same mistake again.
I can also recommend tradestation , I have looked at a few platforms now and it seems that their coding language, called easylanguage, is the simplest.
Wow, it looks like you know your trading stuff, that is quite impressive.
I have not given up ( I don't die that easy ). I am exploring other options.
The problem with the strategy is I just can't seem to get filled at the price he calls. I have tried quite a few times now. For instance...
Looks like one trade per week is all you get and a lot of promotional emails. So far, the losing traders are swallowing all of the profits.
Net profit is only 52 USD in total. If this week's trade loses then I would be at a loss. Risking 500 USD to make 180 USD does not make sense.
Trade is on...
Last week's trade did not work out (losing trade)
This weeks trade is on Zoom, again Bull Put Credit Spread. 247.5 /245 for .75 credit. As soon as I received email alert I tried to fill the trade. The spread on thinkorswim platform was for .25 to .35 market price. However Lance recommends a .75...
Yes PYPL
Bull put credit spread, the expiration is today , so far - not so good. Both sides is ITM so looks like a losing trade.
You said you had a tough week ? Do you still use your : DTI / wealthpress / Tom Busby and all their guys trading signals / styles. Everyday their seems to be a new...
This must have been posted before, I just can't seem to find the thread.
Why can we not just trade the IG, eToro and all the other large broker signals ? Will this not give us enough diversification and different trading strategies ? Why do we need to find our own edge ? Surely, these large...
Stock trade was on symbol MU. Bull put credit spread 50 / 49 STRIKE price. It closed at 50.70, which was very close. At one point it was "in the money" and I would have lost money on the trade. However, it recovered.
Yes, I also get daily emails from them selling other products and I also...
Yes, it was a win.
The option expired on Friday. I banked USD 122.75. I know it is only paper money / simulated trading, but we all have to start somewhere. It is only one trade per week, which might be a bit slow. How was your experience with them ?
@traderlux
I did receive the trading signal alert as they promised, it is for a bull putt credit spread (options). My platform is ameritrade - thinkorswim as they suggest. I immediately placed the trade when I received the text message. However, I struggled to get the order filled at the...
Hi
I looked at the training videos that is included in the package and it appears to be very basic. They did state that it is a strategy for beginner traders in all fairness. I guess only time will tell. People in this forum seems to be quite negative about it and in hindsite I probably should...