[TheOptionClub.com] Re: My Experience with RED OPTIONS

 

Thanks for the information. I totally agree that if you are going to trade something, you take all the signals. It is a system, all or none. I usually have no idea whether to be bullish or bearish anyway. Why do you think I am trading options :)?

I see that on their web site, Red Option asks me to contact them to get track record information, so that they can dispense it on an "individual by individual" basis. No thanks. I can understand that they might not want to post trade information in real time, but why not after the fact? Condor Options, for example, posts their closed trades every month. Their results are there for all the world to see, including the months they lost almost 100%.

For now, I guess I'll keep getting up at 6.

--- In OptionClub@yahoogroups.com, "thecthing" <theCthing@...> wrote:
>
> This sounds interesting to me, Paul. I live on the west coast and am tired of getting up early. Do they let you view their track record?
>
> thanks
> Mary
>
> --- In OptionClub@yahoogroups.com, "Paul" <paulroberts316@> wrote:
> >
> > Someone asked that we post our experience with options trading or recommending firms.
> >
> > I signed up with RED OPTIONS about a month ago, after opening my TOS account. They offer automated trading (which they recommend), or you can trade your own account with their recommendations if you prefer.
> >
> > They make trades using about a half-dozen different strategies. You pick the ones you want to participate in, and their fee is $20/mo per strategy. That's it.
> >
> > I chose the calendars and the verticals.
> >
> > So far I'm happy with the results. 4 or 5 trades, all winners. They appear to be conservative in their picks, and manage the trades closely with adjustments.
> >
> > Just as important, they explain clearly what they're doing, and why. They're happy to answer questions by email.
> >
> > So for me, as a newbie, it is both profitable (so far) and a good educational experience.
> >
> > Paul Roberts
> >
>

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