User Reviews
Great Options Trader. Awesome Service.
"CJ at Madeira Trading Newsletters (aka Trading Options for Income) is a great options trader. I've been using the service for 4 months now and am currently looking at 80% returns on money invested t Read more...
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"Started trading their alerts in April 2001 and lost $18K within 2 months. They went giddy on OIH and GDX with huge losses. Here is my 2 months statement from TOS: YEAR TO DATE PROFIT & LOSS TOTAL P/L YTD: ($18,330.76) SYMBOL YTD P/L ERX ($1,556.48) FAS $250.00 FXI $140.00 GDX ($11,196.48) GL Read more...
I've been a autotrading subscriber for one year (since April 2011). I became a subscriber based on their good previous track record, but then May and June 2011 hit them (and therefore me) with large losses. There are no more than 5 trades at a time and I traded with the recommended minimum size of $ Read more...
1 comment
Have just started trading with this system, both the spreads and puts & calls services, using Global Auto Trading, who have advised me that the system has been profitable in the past. My initial impressions are excellent - this is right up there with the very best such as Booking Alpha, in term Read more...
5 comments
"I have been a subscriber since August of this year and I have done very well. The first month I took a small loss but September, October and November have been excellent and I have made a return of nearly 45% after all costs including commissions and subscription fees. The service isn't cheap but Read more...
"These are auto-trades (copied directly from my broker account) that CJ Mendes of Trading Options for Income placed with my broker: ERX ($6,525.29) FXI ($132.89) GDX ($44,564.83) GLD $2,964.11 OIH ($35,760.04) QLD $2,514.10 SLV $1,404.42 SSO ($50.00) TNA ($1,631.41) UYG ($3,247.16) Total Losses $8 Read more...
Read all the negative reviews to know what could happen to your hard earned money. I lost about $20K but another guy who reviewed at stockgumshoe lost over $85K in only 2 months !
"I am completing my 8th month with this service. I have tried many trading newsletters and since I do not have time to trade the recommendations myself (yes I have a job!) I use the autotrading feature which works well. Performance has been very good and I am up over 50% for the period (had been up Read more...
"Excellent newsletter and CJ is very good at his craft. Been a subscriber for 6 months now and my semi annual subscription will be renewed! No hype or promises of outrageous returns. "
Honestly, I think risk management is poor, as opined by others here. I was not happy with losing, so I unsubscribed. I only gave it a month, but that was more than enough.
"I have traded their so called Puts and Calls strategy for around 12 months now and have made a tidy profit. The thing with this strategy is that it is cheap to trade so most of the profits go to my bottomline not the brokers... CJ is an aggressive trader and rides trades through deep swoons someti Read more...
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