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To your credit I made enough money in a very short time to cover my education and then some. That’s never happened to me before. I’ve already recommended you to other traders.
— Jim D.
Your ETN offerings are excellent. Clearly the best cost/benefit experience I have ever had. At 62, I have been around the block a few times and recognize excellence when I see it.
— Kim L.
The live sessions are comprehensive. The biggest help for me is the weekly live trades. The lesson on ‘Trade Exits & Option Expiration’ was by far what separates ETNtrade from others.
— Darryl D.
Your program is the best learning and training experience of my 40+ years of trading. You guys are true professionals, and excellent in providing what the retail trader needs.
— Bill D.
Just made 32% on Dan's strategy… Wow! That more than covered my investment in your course, so I'll be signing up!
— Avi F.
The hardest part of this training is the homework. The best part of this training is definitely the homework! You really make me think and apply my training.
— Monica V.
I think with these courses it is really important to have reinforcement and continuity. You guys are doing a fantastic job and I just simply love your energy and enthusiasm Dave!
— Edith K.
I really can't express enough how much I've learned over the past 4 months, both T/A and how the Option Market works from your trainings.
— Tim C.
I want to report my first really big success! I did a strangle on Toyota and came out nicely in the green. I stuck with my trading plan.
— Dr Bob B.
When your expectations are met and exceeded, your students are your best form of advertisement.
— Ray T.
I just exited my GOOG 500/480 Strangle, which I entered yesterday morning. A bit disappointed having only made $1700 in less than 24 hrs (just kidding). I think I love you boys.
— Harry H.
The flexibility of ETNtrade all adds up to a real value for the price. I loved it when you mentioned the objective of other training organizations seems to have changed from training to selling.
— Walter L.
Your services are top of the line, and you deserve the success you have worked so hard to achieve. I wish you God's blessing.
— Roland H.
As a flight instructor, I know that not all people learn at the same rate. Breaking it down another way like you did, the light went on and it made sense.
— Steve K.
The best option training I have ever had, and with a lot more detail and insight into the process. Great Service!
— Kenneth F.
All I can say is DollarBart rules! I bought 3 AAPL 470 calls in my retirement account for $1.97 each based on Bart’s analysis and sold it today for $26. Wow, nice 1200% return.
— Jason B.
Made 71% on my Google Wk 2 580 calls. In at $7.00 on Wednesday, out at $12.02. Thanks, lovin’ it.
— Joe W.
Although I missed my goal of paying for the course while taking it, I did pay for it the first week after. Outstanding! I thought you might enjoy hearing one of your student’s first month experience.
— Fred L.
GOOG was my very first trade last October… it paid for my classes with a little left over. That made my husband happy too. Thanks for teaching me these non-directional trades!!
— Jolene H.
You guys are the real thing. I see how you put your soul into teaching us, and I appreciate that a lot.
— Victor P.
Made $5,500 on NAV today on an earnings spread I entered June 2nd. I also made money on GIII today (also entered June 2nd). GIII up $3,834 on trade of $2,010 for 190% return. 2 for 2!
— Ron G.
Sold my OREX position this morning… bought 30 contracts, only made about $15,000. Lunch anyone? Keep those coming and you'll have a client for life. Love you guys.
— Harry H.
I love your volatility lectures. I had some ‘Aha moments’ each time I heard them. I’m just now beginning to see the magnitude of what you both have given us. All I can say is THANKS!!!
— Martha H.
I am so grateful. Actually, I am kind of dumbfounded. It still has to sink in. I am such a happy camper now, and I just wanted to write and share my joy. I already have all my course money back.
With another week under our belt in 2014, this one may well go down as one of our best. On last Monday's Live Trading Class with our Premium Members, we designed 11 trades, 8 of which expired today as they were Weekly Trades. Of these 8, we had 5 winners and 3 losers. Now, at first glance, many would say that is a decent week. But when you look a little deeper at the numbers, you walk away with a whole new appreciation.
So what are the numbers? Well, using ou new asset allocation model, where we allocate different amounts into each trade depending on many factors, including probability, risk/reward, type of trade and our personal sentiment, we ended up turning a 5-3 week into big profits. At the start of the year, we began with a $100,000 mock portfolio. As of today, that portfolio is worth $159,422 (and this is net after all fees and commissions). That means we are up 59% in approximately 2 months.
We are very proud of these results, but they could be much better, and will get much better. We are always studying our winners and losers, learning from them, adapted and moving forward. Next week should be another great one. I hope to see you all there!
As I sit here reading the latest headlines, I just have to shake my head and wonder how it is we got ourselves back to this place again. Years back, the Real Estate Market was booming. It was a No Lose Investment... and EVERYONE was jumping onboard. And then the inevitable happened, it collapsed. While we could sit here and dissect why this happened, how it could have been prevented, etc., I feel it is more important to ask ourselves "how can we avoid this happening to us in the future". Well, the answer is actually quite simple.
Don't Be Greedy!
The top 3 items in the news today are Bitcoin, Marijuana and WhatsApp. What do these all have in common? Really? They are ALL way overpriced and overhyped, are they not? Now, some of you are immediately going into defense mode right about now. You are coming up with excuse after excuse as to why these are all great investments, and how they are all worth the money. But are they?
Anytime you have the potential to make the kind of return we could from such investments as Bitcoin, you have to understand there is tremendous risk. People are learning that today as one of the largest Bitcoin Brokers just shut their doors and took their client's money. Bitcoin's rate plummeted 30% in value. So, was it worth it? Was it a great investment?
Whenever I talk to the average person about investments, inevitably one of these topics will come up. No one would be happy with making 39% YTD as we have at ETNtrade trading companies like Home Depot, Macys, Target, etc. No, they all want the next great home run. Well, Home Run Hitters don't always hit home runs do they? They strike out quite a few times. They also pop out all the time. The same applies here. Why always look for the next "big hype" when we can trade conservatively, trade solid, proven companies, and at the same time get results that would rival the promised return from many of these high flyers.
Everyone take a deep breath as settle down. Don't get caught up in the hype. I promise that for every one Google, there are 99+ companies you never heard of because they went to 0. Don't be the person kicking yourself 5 years from now wondering why you invested in yet another overhyped, overvalued investment. Be smart, be conservative, make money! If you don't know how, let us help... Just ask!
To start off the New Year with the right foot forward, ETNtrade has added many new features to our Membership to continue our goal of being the #1 Option Trader Resource. One of those features is our brand new Mock Portfolio. We have put together a spreadsheet that will track all of our trades we demonstrated in our Live Trading Classes throughout the year. It tracks live entry pricing, live exit pricing, commissions, and any other cost associated with trading. In short, it is as authentic as one could get as to what a portfolio would look like if doing all of the trades we discuss at ETNtrade. Even though the purpose of our Live Trading Sessions is strictly education, I feel it is important to track the results as well to ensure that what we are teaching actually works in real life. Who else out there does that? I can't think of anyone either...
To set things up, we started off with a $100,000 portfolio. For some, that may be a little more than you would start with. For others, it is less. I chose that number so that I could take ALL of the trades that we take in our classes. That means there may be times that I am in 25-30 trades at one time. I need the capital to be able to accomplish that.
Another new feature is that we are now ranking our trades with Asset Allocation "Units". One unit can be defined as a predetermined amount of money that we will put into each trade. So, on a 1-10 scale, we can account for those trades we would put less into, and those we would put more into. For our tracking purposes, 1 unit will equal 1% of the portfolio, and therefore 10 units would be 10%. So, at no time will we have more than 10% of our portfolio at risk in any one trade. Others may want to use a different ratio, but this works very nicely for us in this mock case.
So how are we doing so far in 2014? Well, with a starting base of $100,000 on January 6, I am proud to announce that as of expiration today, January 24th, we have a Mock Portfolio worth $125,113.48. While we cannot expect this type of return every 2-3 weeks in the Market, it sure does say quite a bit about whether the techniques we teach at ETNtrade actually work. I can say, not only with words but also with numbers, that indeed, THEY WORK! We consistently have proven this over the last 4+ years, and will continue to do so moving forward.
I also would like to point out that these numbers are ABSOLUTELY NOT back-tested trades. Many people show off great trade results, but if you look at the fine print at the bottom of the page, you find they were back testing. Well sure, that is no surprise they made money, now is it? Anyone can be successful if looking back on the Market to place past trades. Heck, I would just bet that the Broncos will face the Seahawks in the Super Bowl instead. I mean, statistics would have suggested it a month ago, so why not "back-test" a bet on it? See how silly that sounds? That is not real trading. Real Traders have to trade in Real Time. So, all of our trades in our Mock Portfolio are not only delivered in a Member-Only Live Trading format, but they are also tracked on our Member-Only Discussion Board as well, both entry and exits and they are done LIVE in the Market. Real Trades, Real Time and more importantly... Real Results!
And we are just getting started. I am excited for Monday, when we get to explore a whole new set of trades and continue to grow our Mock Portfolio to all new highs. Will you be joining us? For more details on how, email us by the start of the Training on January 28th, as that will be the final day of Open Enrollment: Support@ETNtrade.com. We would love to have you all onboard!
Also, if you would like to see the spreadsheet with all of our trade results, I would be glad to share it with you. Just email me and let me know: Dave@ETNtrade.com.
We will see all of our Current Members on Monday and all of our New Members on Tuesday!
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