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A rule of thumb is to enter if it is within 1-5% of the entry price. For instance lets say we enter a signal at 1.60, aka $160, that means the maximum amount you should pay more is 5% or $8 more. There will always be more signals if you miss one. Patience is your friend, and not having a position is sometimes the best position!
Taking profit is an important part of a smart investors mindset. While we typically will signal when to sell if you are comfortable with the profits you have gained feel free to sell your option/stock and lock in your profits.
Risk management is how you KEEP making money. Stick to your stop losses if you are doing your own trades. Our group uses STRICT rules of 10% of your max account per trade. I personally use 3-5% mostly. For instance, if you have $1000, the maximum amount you should use for a trade on your own is $100. Trust us on this as it will save you from blowing up your account.
There are many free zero commission trading programs available out there. For a beginner we recommend Robinhood/Webull and for advanced traders we recommend Tastyworks (Cash Accounts).
When you buy and then sell the same stock or options contract on the same trading day, you’ve made a day trade.
Understanding the Rule
You’ll be considered a pattern day trader if you execute four or more day trades within five business days.
Video: 7 Ways to Bypass PDT Rule
With a success rate of 80% YTD. Every signal we deliver is backed up by our own money so we have skin in the game to make sure every signal is a success!
It’s simple! While we hate to see you leave the the process to cancel your membership easy and seamless.
Go to “My Account” page, select subscriptions and then you’ll see an option to cancel your subscription. Feel free to message us if you have any problems in canceling.