Nobody needs to tell you that the stock market has been rather frightening lately. You have probably heard the jokes, such as “I no longer have a 401K, it is now a 201K” But did you know that the savvy investor often makes more money during bear markets than in bull markets? But who has such smarts? While investing is always going to be a risky activity, one company that has done rather well is an option advisory service called Wicked Profits.
They have a goal of making 4% profit per month, consistent returns and an 80% win ratio. Since they started in 2000, they've exceeded that goal, with an average monthly return of 5.0% and a win ratio of 82%, even in this market. Of course, “Past performance does not guarantee future performance”.
This service is targeted for the relatively small investor, with a minimum brokerage account of $10,000 , however they suggest having an account of $15,000. They send you recommendations in the evening, when the markets are closed so it's ideal for the working person who can't stare at the stock ticker all day. You can review their recommendation and decide what to do, or you can select their auto trade feature, where their recommendation will be automatically placed in your trading account by your broker. They give exact step by step entry and exit recommendations for each trade so you will know exactly what to do. It doesn't take a lot of your time, too. This is a good way to get started in options trading. You just need to have a cash or margin account with your broker, with approval to trade options. If this sounds interesting to you, why not check them out at http://www.wickedprofits.com and see if this service is right for you.
Tuesday, April 28, 2009
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