Saturday, March 20, 2010

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

 

Carl:

 

The IC service has grossed about 35% since the middle of 2007 (I mean this to say not including commissions and any other slippage which would depend on the broker you use), and their Calendar service which started in May 2008 has grossed about 45%. There were several months during the “crisis” that there were a few max loss trades that are included in these figures, so it is important, as it is with any system, to keep trading the system through both good times and bad. Many people don’t have the stomach to withstand down months (no matter how many good months may have preceded it).

 

Hope this helps.

 

Ken

 

 

From: OptionClub@yahoogroups.com [mailto:OptionClub@yahoogroups.com] On Behalf Of Free
Sent: Friday, March 19, 2010 4:42 PM
To: OptionClub@yahoogroups.com
Subject: Re: [TheOptionClub.com] REDOPTION bites....need another service.....

 

 

Ken, can you share with us the kind of returns u've been experiencing with condoroptios ver the last 2 yrs.

Thanks

Carl M

--- In OptionClub@yahoogroups.com, "Kenneth Ginsberg" <ken_ginsberg@...> wrote:
>
> 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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