In the past, we advertised hitting a consistent profit of 10-15% each month, but that was a different trading environment. With the Market turmoil over the past year, even the most seasoned traders have taken some big hits along with their trading accounts.
Unfortunately, trading systems and strategies that had worked for years all of the sudden didn't work anymore. Were we able to avoid these losses? Regrettably, no. The extreme volatility challenged us to our core. However, we firmly believe that learning from our past failures has made us much better traders today.
Have we changed our whole trading strategy? No, but we have drastically changed our risk management philosophy and developed a more conservative approach for the current trading environment. While we seemed to easily achieve between 10-15% return a month in the old days, our new trading style is focused more to a 5-10% return each month. Sure, we might easily beat this some months. But our first focus is on capital preservation until the Market improves.
We used to say that members with an account of $20,000 could earn between 2,000 to $3,000 in monthly income. Now we might chop that profit potential in half, but we sleep much better at night.
Keep in mind that we are still using the technique of Spread Trading, which offers investors an excellent limited-risk strategy that doesn't require any movement in a stock to profit month after month. It also requires very little time in monitoring the position once we're in it. But now we place those spreads farther out of the money at much more conservative strike prices. The trade-off is collecting a lesser premium.
Besides this significant change, we have also reduced our contract size in most trades. But perhaps the biggest improvement comes in our risk management. In the past, we would give positions much more leeway and a longer leash. But in this environment, we don't have that luxury. Instead, we now have stops in place to get us out of any position that even starts to go against our spread. Although we might get stopped out of a good spread, we are focused on minimizing losses and living to trade another day.
How have these new changes worked? We made these adjustments last November and have been tested ever since. While our average profit has been reduced, we've been able to close out losing spreads early and still walk away with profitable months. Don't take our word for it, check our Track Record for yourself.
If you're still not convinced, that's ok. We're so confident of our service that we offer a two week FREE trial so that you can test drive our service before you're charged anything. Keep in mind that we're not one of those services that lock you into a long term contract. Instead, we allow members to go month-to-month with a very low monthly subscription of $49.95. Even if you're not ready to start trading, members gain valuable insight from our weekly newsletters and trading philosophy.
The low subscription allows investors to gain extremely important insight into the market sentiment and trading environment that they might have otherwise missed. Why wait another day to get that edge? Click Here to find out what you've been missing.