1 / Q: “WHO RUNS YOUR SERVICE?”
A: Acknowledged options expert Joe Lesko is the “ Option Principal “
with over 35 years trading experience. During his career, he has
been a trader, broker, market writer, market strategist and options
principal, along with numerous TV appearances. He now devotes 100%
of his time to his service, which is followed worldwide.
2/Q: Do you have many losing trades?
A: Quite a few, and any service that suggests otherwise is not
acting in your best interest. Seasoned traders will tell you that if
you win about 50% of the time you can make money.
Options’ trading is a marathon, not a sprint, which is why you
should look for consistent results. If you have the necessary
mindset and financial staying power your welcome to join us.
3 /Q: "What is your average trade?"
A: Our average trade is about $600.00 for a single contract.
4 / 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.
5 / Q: I’m not at my computer all day, how will I follow your
recommendations?
A/ Consider Auto trading with one of the brokers listed on our web
site. They execute trades (buy or sell) within minutes of receiving
our emails. We also send you a copy for your personal record
keeping.
6 Q: Do you receive commissions from the Auto trade of 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.
7 / Q: "Do I need an 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!
8 / Q: "How many positions do you have on at one time?"
A: We average about 8 contracts, and rarely hold more than 18
10 / Q: "How long are you in a trade?"
A: Anywhere from a few days to several months.
11 / 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.
12 / 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.
13 / 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, Email alerts are sent for every
new trade, to you and the brokers Auto Trade desk. You will also
receive an Email when its time to close out a losing trade or take
profits.
14 /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