Perhaps I will be the voice of dissent here, perhaps I was pretty lucky but for the longest time I have trialled many courses and systems which have not tangibly returned the cost of their initial outlay, but fortunately my experience with SIR has been different. I think I got offered a promo on their players service at $99/m and it seemed like there was nothing to loose. I traded the alerts for a while and I was pretty happy with the picks themselves but because I trade from a different timezone I was nearly always too late to get the fill at limit and my own results were inconclusive. I tried 'Volatility' for a few months but didn't enjoy the trades that I got into. When I closed off my Volatility subscription I got offered one of the 'Mega Packs'. I am pretty cynical about most ^H^H^H _ALL_ of these up sell type promotions so I asked for the performance tracks of the included strategies. Now almost invariably when I ask for this the promoter would normally say I have to sign up first and if I don't like it then I can ask for a refund, that is my normal queue to run screaming in the other direction. On this occasion though the consultant was very obliging and professional. I analyzed the track records which were consistent with my own observations and I liked what I saw. I brought that 'Mega Pack' (Elite Trader), implemented an alert system so that I got alerts to my mobile the minute they are available and started to trade it seriously.
Here's the luck: so often you can watch weeks of nothing trades go by wondering if a new system is going to work out or not, but on this occasion MY FIRST TRADE RETURNED >4 x LIFETIME SUBSCRIPTION COST IN 7 DAYS !! Good fortune I am sure but I would certainly prefer to start like that!
Since then I over 36 days I a closed out 30 of 46 trades at an average return of %36, average duration of 9 days. AvWin:%97, AvLoss:-%33, WR:%68.
I have to say I've enjoyed making more than my annual salary in the first month !
This has probably been a very fortunate start and I don't expect it will always go like this but nothing else I have used has come even close.
A good number of the option picks have no Open Interest at the time of entry as they may be 2 or 3 month out, so the spreads may be wider than average.
The prices can move quite quickly - I guess some alerts are generated by price movement so you need to quite reactive.
I haven't failed to receive closeout instructions for any position going past -%50 but I am usually watching the position pretty hard by then and will often close at -%40, probably 3 out of 4 times that will leave me in a better position that the -%50, it too early to say overall.
The service tends to use partial closeouts more than trailing stops, I would like to answer for myself if the results could be improved with trailing stops ?
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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