What to do in the rare case that a position was opened according to a signal but the order was not executed?
When following any signals, investors could sell slightly less expensive contracts below our suggested entry price before it gets hit. For instance: if a signal states $1.60 as "Suggested Entry Price" and $1.20 as "Suggested Exit Price" and the signal is followed, investors can sell short at $1.55 and buy to cover at $1.25 (only $0.05 difference) resulting in 19% profit instead of 25% profit. This would provide less profit, but would allow participation in the move. Otherwise, investors could cancel all limit orders after our trading system went into the position.
One single winning trade
DISCLAIMER: THIS INFORMATION IS INTENDED FOR EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE ANY FINANCIAL ADVICE. RISK IS INVOLVED IN ALL STYLES OF MONEY MANAGEMENT. Uncovered options trading involves greater risk than stock trading. You absolutely must make your own decisions before acting on any information obtained from this Website.
The return results represented on the web site are based on the premium received for the selling options short and do not reflect margin. It is recommended to contact your broker about margin requirements on uncovered options trading before using any information on this web site. Use our "Trade Calculator" to recalculate our past performance in relation to the margin requirements, brokerage commissions and other trading related expenses. Past performance is not indicative of future results.
Risk Statement: Naked options trading is very risky,
many people lose money trading and losses can exceed the amount invested.