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MyWealthyOptions

www.mywealthyoptions..
Category: Blogs

Options premiums are juicy, but doesn't come without the risk of losing $$ quicker than one can imagine. After having invested in the market and implementing statistical, technical, fundamental, and emotional analysis; we take this opportunity to present MyWealthyOptions blog. Stock-options recommendation will be added to this website whenever an opportunity is found. The approach is to find setups having a greater probability of profits within 1 to 60 days.

Strategy: Straight Options, Call/Put Debit/Credit Spreads

Approach: Momentum, Fundamental Strength, Time Decay

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Great Risk Mitigation Strategies
MyWealthyoptions.com has a great package that mitigates risks as they mostly trade diagonal spreads. Most of 2016 so far have been lower risk to me in comparison to a few other newsletters I follow. January/ February was rough for many though these guys managed pretty well. My portfolio is up about 20% in 3 months.

Suggestion: Most positions target about 40% return. I'd encourage owners of mywealthyoptions to find a few trades that are long-term and target higher returns. They don't have to change the model rather a few adjustments. Also another ask is to provide a rationale for picking or exiting a position.

Good luck and happy to ride with you!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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One of the better trading alerts
I have traded with these guys for about 3.5 months and I am up more than 25%. I have tried many newsletters and wasted big $$$ and this one actually delivers it. They put actual results on their website. I have traded their aggressive alerts.

Don't look for any education on this newsletter because they don't have any. They do have some basic information about different type of spreads they trade which can be useful for a beginner.

Overall, these guys know what they are doing. I know there were some really bad trades in the past but apparently, they have adjusted they trading methods since then.

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Solid service with good communication and great trades
My experience so far is quite positive, I appreciate the regular updates they provide. We had some draw downs last week but that is understandable given the way the market is acting lately. As long as there is a strong desire to adapt to the market and truly understand the driving forces, a few bad trades aren't a big deal. I moved to your service because another one I was using didn't seem to be able to adapt to things like the Feds quantitative easing program. They relied solely on index vertical credit spreads and the risk/reward there is horrible (5% gain versus 100% possible loss per trade). I like MWO better mainly because of the wider array of investing instruments and I get the feeling they are looking a little deeper at the market than the average retail trader, this is what appeals to me as I evaluate the service. In terms of motivation for users like me using a trading service is a little like going to a good restaurant, you are paying for something you can't do yourself. In other words I am willing to pay for investing information that is of a level that I am unable to achieve on my own, that's what makes it worthwhile. In that regard I feel I am getting my money's worth.

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A Solid and Dependable Options Trading Subscription Service
MWO is by far the best subscription service I have tried to date.

There are many untradable and unsuccessful services out there, usually with much higher price tags.

With MWO the alerts are accurate, timely and easy to follow, and the results speak for themselves.

For once, it feels like the signal providers actually WANT you to get the same good results as they do!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Awesome year for me
I have started investing almost 5 years back. Initially I was on my own. Slowly, I started subscribing to various newsletters. I have never been so happy as I am today after 6 months of my subscirption with MWO (Aggresive Newsletter). Finally I closed 2012 with amazing returns, almost 50% gains on my capital. During Aug-2012, there was a situation when I was thinking to stop my subscription but I gave it a try for one more quarter and I do see strong results. Recovery was so solid, that August losses are all wiped off and I am way better than anything else. Just converted monthly subscription to quarterly. It saved me some dollars on subscription fees as well :)

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Best Newsletter so far
After experimenting with several newsletters, MWO is my best experience so far. I joined mywealthyoptions’ both Aggressive and Guarded services on 08/16/2012 and since then my account is up over 35%. Monsanto, FCX, and Netflix trades booked about 100% gain each (Netflix gains are not recorded in the track record last updated on 10/31). They have a delicate balance of long and short positions.



Prior to joining MWO, I was net down 30% for the year trading other several newsletters (those newsletters lost even more during the last two months). Wow, its net positive and hoping to make decent money this year.



Regarding the MyWealthyOptions newsletters, MWO needs to be able to tell us commentary about their trades highlighting what and why a trade will be profitable. Understand that I am not paying for the education, but it will help to win the subscribers and gain their confidence.



Overall, it’s 5-star service. It is pricy unless one subscribe to the quarterly package. I am currently subscribed to $533 quarterly payment for both services.

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poor performance , too much risk
I was with their aggressive play for about two month and I lost about 20% of the account. Their bet against the market quite a few times, and there's even 100% lost for one position.

I've no idea how they pick the stocks to trade and most stocks they pick has liquidity issues, they can't get in and out fast enough.

Plus the subscription fee is pretty high.

I'd say avoid this site.

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Awesome picks - no sweat
MyWealthyOptions is a great newsletter. Their picks are unique and doesn't give me sweat. Credit spreads compare better than 7-Minute Trader newsletter though safe enough. Diagonal spreads are smart and guarded against 1-2% market movement.

They try to get the fills at the lowest possible price, so it takes long time. Advantage - low cost basis leads to higher return.

Area for improvement - avoid financial results driven speculative trades. MWO is bad at timing those events. They should focus on their strengths, the spreads.

I tried several newsletters and finally settled on trakingprofits and mywealthyoptions.com. Great job!!!

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Looks very good
Is there any way that we can get the MyWealthyOptions alerts in real-time? I know that there is a disclaimer that the creator of the blog is not a registered investment advisor, nonetheless i would like to trade this blog's alerts, without having to check the blog every time to see if a trade has been opened or closed.

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MyWealthyOptions Guarded - Painful wipeout of profits
MyWealthyOptions Guarded - Painful wipe-out of profits

MyWealthyOptions has two services: Aggressive and Guarded. I chose Guarded because

I had hoped that it would be a conservative, less risky source of income. When you think of the

word guarded; i thought that it would be guarded against hefty losses. I was wrong about that!

This is a review of thier guarded newsletter: Let me talk about the good first: Generally speaking, I

think i think they make good trades. The service consists of all types of strategies including debit/credit spreads and buying/selling of calls and puts. I followed their recommendation of splitting the portfolio to support a maximum of 8 trades. I tried this service for 4 months, and came with very good returns; my portfolio was up 25% (+6.8K) in that time. I believe they also work with auto-trade brokers to ensure signals are filled/closed appropriately.

Now about the bad part: The service crashed and burned in September, wiping out not only all 4 months of profits, but also 4% of the original portfolio.I am not a professional trader, but I know for fact professional services should not allow this to happen, especially for a newsletter that charges $99 dollars a month. How can we rely on a service that gets good profits only to to lose it all in a month? (This is exactly the same thing that happened to me with Lou Russo's Taking Profits).

What happened was that a large part of the portfolio wasn't protected against large swings in market movement in August/September time frame. Shouldn't the trades be 'guarded?'. Maybe they should have put more hedges or closed out trades earlier than expiring worthless or in the money

(depending on whether it was a debit or credit spread).

Another thing is that the service goes well above their 8 trade limit; i've seen 18 individual positions within my account at one time which scared me a bit, as i'm unsure how this is affecting my margin requirements.

Lastly, after that significant loss, there was no explanation of why/what went wrong with their trades. All they said was that 'it was painful as we trade our own signals' and 'we promise to work more harder and be more vigilant'. Also, I would like to recommend to MWO that it would be more satisfying to customers if they could spend some time talking about their outlook and trading psychology associated with their trades or on the market. They have done that in the past; but it

hasn't been updated since May.

Note: this review was written on 10/19/2012

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

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The best free blog about short-term trading options
MyWealthyOptions (or MWO) is the best blog about short-term trading options I ever read. I really appreciate the efforts that MWO makes in order to transmit the alerts as quick as possible.

The results speak for themselves. As of 31st January 2012, after one month of real-time alerts, the portfolio is up +61%. That’s $12,222 of profits for a $20,000 portfolio. 88% of trades are winners.

More, MWO is totally transparent: all positions are accounted for, with a proper follow-up. It is not the kind of blog (or twitter account) where you see only winning trades. You see all of them.

Of course, the blog is quite young and will need time to prove itself. But, there is definitively value in it. And because it is free, you can make your own opinion without risk.

By the way, I register with Investimonials.com specialy to write my review about MWO. I am not linked in anyway with MWO. But Investimonials is about transparency and MWO merits to be shared with the other traders.

The only critic I have got is the lack of education: MWO will not teach you anything. So, you will not learn how to trade with MWO. But at least, it is an eye opener: you will learn that you can make money in the option market.

If you want trading alerts AND education, I guess you should go towards Sang Lucci ;)

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Candide Couzeix

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