AUTO TRADE Q & A

1/Q: What is Auto Trade?

A: Auto trade is a service available to members who are unable or unwilling to follow the market on a daily basis. Every trade recommendation is sent to our members and the auto trade desk of the brokers listed on our web site at the same time.

2/Q: How does it work?

Once the broker receives our recommendations they will buy (open) or sell (close) for your account, under your parameters agreed to in advance.

3/Q: "How much money do I need to trade all your recommendations?"

A: We are publishers, not investment advisors or money managers, as such we can’t go there. I can say that our trade recos range from 2 to 9 hundred dollars per contract, with an average of 6 points ($600). In addition we rarely have more than 18 open positions. Share that information with your personal financial advisor and / or broker to set the parameters for your trading account.

4 / Q: With Auto Trade, how much should I invest in each trade?

We are publishers not investment advisors or money managers. As such cannot advise members on personal investments. We publish and track the trades using single contracts (NOT dollar amount) it’s up to each member along with his / her personal financial advisor to decide how many contracts used if they decide to invest.

Feedback from members over the years indicates that most advise their brokers’ to start with single contracts WITHOUT a dollar amount to start trading, and be in on every trade. In addition many tell us that they trade around my recommendations after that in a separate account, with different strikes and contract dates depending on their personal risk tolerance.

5 Q: Do you receive commissions from the Auto trade or any other Brokers?

A: NO, we do not receive compensation of ANY kind from the brokers, nor do we have access to your accounts under any circumstances. We are publishers, NOT investment advisors.

6 / Q: "Do I need a Username & Password?"

A: No everything is done by Email. All open positions are reviewed every evening, but Saturday. Please make sure you can receive Emails in HTML formatting!

7/Q: How do I set up Auto Trade?

If not already a member, first you need to join our service. Then contact the Auto Trade Desk of one of the three brokers seen on our site, and inform them that you are a member and wish to start trading. Fund your account and list your trading parameters.

They will confirm with us that you’re a member, and trading will begin, it’s that simple. Finally (it works) we have offered Auto Trade to our members as a convince for over 5 years without a single members complaint.

8 / Q: "How many positions do you have on at one time?"

A: We average about 8 contracts, and rarely hold more than 18

9 / Q: "How long are you in a trade?"

A: Anywhere from a few days to several months.

10 / Q: "Do you use stops to protect positions?"

A: We use mental stops. However, every recommendation has a profit target and an exit point on a closing basis. In addition we follow every trade to conclusion, win or lose.

11 / Q: "How many trades do you post every week?"

A: 1 or 2 but don’t hold us to that. We won’t put on a trade just to give you action. If the set up is not right, we will wait for a better entry point.

12 / Q: "How often will I hear from you?"

A: We post an evening report Monday through Thursday, Mid-day report on Friday followed with a weekly roundup Sunday evening, which reviews every position. In addition, you receive copies of every email alert or recommendation sent to the brokers Auto Trade desk to stay on top of your trading account.

13 /Q: "What if I have questions?"

A: We are available to answer your questions by Email or Phone at:
JoeLesko@optionprincipal.com

CustomerService@optionprincipal.com

Phone:(561)622-2777