Auto trade FAQ's
How does auto trade work?
Once you've set up and funded a trading account with either of the two leading brokers (optionsXpress or ThinkorSwim) you simply need to instruct your broker to copy our trades. This is done once via your online brokerage account and you can cancel or adjust this instruction at any time. Before you can do this you'll need to subscribe to our auto trade service, as your brokers will seek our approval before accepting your auto trade instruction.
How often is a trade placed?
We aim to place trades monthly, and will look to close them out within a month for a profit of 10% to 15%. If markets are particularly volatile we will not place a trade. This protects overall trading performance as there are some months when a trade will have too low a chance of winning, to make it worth placing.
What types of trade do you place?
We place iron condors on the SPX, which is an index of the largest 500 companies in the USA. This index offers the most stable platform for options trading because of its size and liquidity. Winning trades make between 10% to 15%.
Can I control how much I trade?
It's completely your decision how much you trade. Some subscribers trade just a few contracts every month ($3000 to 4000) and our biggest traders trade up to 250 contracts a month ($250,000)
How much do I need to trade?
You can start trading with a minimum of $1000, however to make options trading worthwhile and take advantage of compound interest on your winning trades, you should be aiming to trade with $3000 upwards.
Is there a minimum subscription period?
No you can cancel at ant time by emailing us at out support address, available on our support/ contact us page
Can I test your service first?
Yes, you can subscribe to our service and either paper trade it (trade as you would do trading normally but without real money). Most members start trading on 1 contract
to get a feel for performance and returns, before increasing the size of their auto trade allocation.
What is the track record of performance?
This One Works Auto Trade Performance |
Jun 07 +9.8%
Jul 07 +7.6%
Sep 07 -3.7%
Oct 07 +8.9%
Nov 07 +9.6%
Jan 08 +10.4%
Feb 08 +10.3%
12 mth+62.1%
May 08 +8.9%
Jun 08 +9.6%
Sep 08 +9.8%
Jun 09 +9.0%
Apr 09 +8.1%
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May 09 -26.9%
12 mth +20.5%
Jun 09 +12.8%
Jul 09 -1.7%
Oct 09 +10.1%
Nov 09 +10.1%
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Jan 10 +13.5%
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Feb 10 -6.1%
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Mar 10 +15.3%
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Apr 10 -23.3%
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May 10 -10.0%
Jun 10 +10.4%
Overall+111.2%
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Click Here to subscribe to our auto trade now
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