RE: [TheOptionClub.com] REDOPTION bites....need another service.....

 

Check out www.condoroptions.com. I have been using their service for almost 2 years now on both IC’s and Calendars and am very pleased with it.

 

Ken

 

From: OptionClub@yahoogroups.com [mailto:OptionClub@yahoogroups.com] On Behalf Of Joules
Sent: Thursday, March 18, 2010 6:46 PM
To: OptionClub@yahoogroups.com
Subject: [TheOptionClub.com] REDOPTION bites....need another service.....

 

 

Well....I have been so busy at work that I could not manage my trades ontime anymore. I was doing ok...but I thought....wow...for $20 a month I can have professionals watching it for me every day. So I signed up for autotrade with REDOPTION.

So needless to say...you get what you pay for...lol They put a double diagonal on the IWM for me and let it run up and past the breakevens. I was watching the trade and waiting for a Dan Sheridan type of adjustment.Well...it never came.

I finally emailed REDOPTION and asked...What is Frank doing? ( a play on words as they have a daily advisory called ..What is Frank Thinking?)

Anyway, they answered and said that they do not adjust trades an put the customers at more risk..... lol...I could have put on that trade and went to sleep for 20 days for nothing.

So....I don't mind paying more for an autotrade company that manages trades like Dan Sheridan would. Besides...I am down $1000 bucks now because of REDOPTIONS do nothing attitude. I could have spent that in monthly management fess.

Does anyone know of such an autotrade company that can do TOS that has a decent track record?..and of course does adjustments when it comes to the breakevens.

Thanks,
Joules

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