Will I Get Sell Alerts?

We do not alert sell/exit alerts. We’re also unable to advise you on your position and tell you when to sell. We can, however, help you learn the skills and information you need to make these decisions on your own, which is far more valuable in the long run.

Our team provides the potential trade ideas for our members list, with a synopsis of what levels to look at for possible entries & exits. It is important to manage your positions based on your own account goals and targets. Your risk tolerance may be more/less than other traders. You might have a rule to sell at 30% gain on an options trade, where others might wait for a 50% gain. Our rule of thumb is to always take your profits. Over time you will be more accustomed to nailing down your own exits.

The same goes for stops and selling. You might have a wider risk appetite for a stop loss than another account. Again, a good rule of thumb here is to be consistent and stick to your rules.

We are definitely here to help you get there! Similarly, the size of the positions will also vary from trader to trader. The same can be said for exiting a trade on a stop order. Your risk tolerance might have you cap your losses at 30%, while other traders might keep a tighter risk stop.

Our targets are typically baked into our profit goals. For example, the first sell orders could be set at 25% gain on a call or put option. With our swing trade strategy setups, these are often achievable, and allows us to not be chained to chart watching all day. We still use levels and targets on charts for our stops and entries.

Most importantly, we find it best to have a plan going into any trade. This means, knowing where I would stop out and where I would take profits. If the trade doesn’t work how it was expected to, then it might have failed, and it’s best to move on and focus on something new. On the contrary, if I’ve met my profit goal, then it would make sense to close the position and take the win.

We also like to provide this disclaimer in our emails to be sure people understand this concept: “Please remember to trade responsibly. Use the order choices at your disposal wisely. Be sure to use limit orders to enter trades at a price you want. Use limit orders to execute sells to achieve the target goals for your own account. Use stop orders to lock in profits above a certain price, or to limit the downside risk of any given trade. Most importantly, manage your trades to your own risk tolerance for your account and trading goals.”