TradersArmy’s List of “stuff” you might be wondering about….
Q: How do I cancel or reschedule?
A: Please see our terms of service by CLICKING HERE
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A: We use both Stripe and PayPal payment system with maximum encryption so that your credit card and personal information are safe and secure. Payments will appear on your credit card statement as either Stripe or PayPal (depending on which method you chose to checkout with) *OptionArmy, LLC / TradersArmy
Q: I am not an “active trader” because I work full time. How much time do I need to devote to this “swing” style of trading? A: This style of trading we focus on is termed “swing / position trading.” We are typically in a trade for a few weeks at a time. There are a few minutes per week involved in placing the trade, but after the trade is placed, the only time needed is to manage the position if necessary. We don’t want this to be another job for you. Let the TradersArmy do the work for you. Q: How can you guarantee that I will achieve the results that your trades provide? A: Not all traders will achieve the same results, but that will depend on the level of risk they are willing to take as well as their discipline to stick to a proven system. We cannot place the trades in a subscribers account, and as such, results may vary. Q: Why should I watch TradersArmy’s videos and training in lieu of just attending local free trading meetings? A: Local support groups can be beneficial to a beginner, but typically amateur investors lead the free local trading groups. The TradersArmy Daily Market Commentary videos and premium trading content, contains current information taught by market professionals. This level of insight is far beyond the typical trading club. Q: Can I trade this style of trading in my IRA? A: The short answer is yes. However, that will also depend on your brokers’ restrictions. The only restriction legally on your IRA is the restriction of borrowing funds (using margin). The use of margin is required in a naked call, and as such is not a position we trade in either of our services. Naked puts need to be cash secured in an IRA account, so typically in an IRA we discuss the option of doing credit put spreads and credit call spreads in lieu of a naked position. Q: Is there a difference in trading ETF’s vs. Stocks in this trading system? A: The mechanics are the same, but the returns will be different depending on the implied volatility of the underlying security. Q: Do you trade weekly options? A: With the growing popularity of weekly options we will at times include the weekly’s in our trading arsenal for both directional and non-directional opportunities. Q: What is the best platform for doing the style of trades that you discuss? A: We are not in the business of recommending brokers. There are many quality brokers that specialize in options, but there are other brokers that limit your options trading. We do recommend that you properly investigate all brokers and make sure that there are no restrictions on your trading in either your cash or margin accounts. The only restrictions on our accounts could be that of selling naked call options. Any other restrictions are put on by your broker and will severely limit your trading opportunities. Q: Are these trade recommendations for my account? A: These are not trade recommendations; rather they are trades we’re looking at for our own accounts, shared with you to be used for deeper insight into the mind of a professional trader and are for educational purposes only. If you decide to put the trade into your own accounts, then you assume all risk (and reward) for the trades. It never hurts to do your own due diligence as well. Q: I have no experience in trading stocks or options, would I be able to follow your trades? A: Many of our subscribers started with little or no experience. Our trades are delivered to our subscribers with very detailed instructions so that our members have no problem entering and exiting We first recommend paper trading and educating yourself on these strategies using the Strategy Screener until you feel comfortable enough to make a live trade. Q: What if I still don’t understand how to place the trades? A: If you have any questions or need help with a trade, it would be best to speak with someone at your brokerage firm. Each broker’s trading platform is different and they would be able to assist you best. Be sure to have the description of the trades handy, as they will ask you what it is you’d like to trade. Q: How often do your trades need to be adjusted? A: That depends on the markets movements and the initial position. When we look to take in bigger credits, there is a better chance of us having to adjust the position. If we trade with higher probability and lower rate of return then we will do much less adjusting. As trades need adjusting, we will send updates with the details of what we’re doing. Q: What is an option? A: An option is nothing more than agreement between a willing buyer and a willing seller of a stock. There are 2 types of options, calls and puts. A Call Option gives the buyer the right, but not the obligation, to buy stock at an agreed upon price on or before an agreed upon date in exchange for a premium. The Call option seller is then obligated to provide stock at an agreed upon price on or before a, agreed upon date. The intention of the call option buyer is to buy the call option either as insurance against a short stock position, or as speculation that the underlying security will rise. If, on expiration, the stock is worth more than the agreed upon price the option holder may exercise his option and purchase the stock at the agreed upon price. At any time in the life of the contract the option holder can also sell the contract to another willing buyer in exchange for a premium (this method is primarily used for speculation.) A Put Option gives the buyer the right, but not the obligation, to sell stock at an agreed upon price on or before an agreed upon date in exchange for a premium. The Put option seller is then obligated to buy stock at an agreed upon price on or before an agreed upon date. The intention of the put option buyer is to buy the put option either as insurance against a long stock position, or as speculation that the underlying security will fall. If, on expiration, the stock is worth less than the agreed upon price the option holder may exercise his option and sell the stock at the agreed upon price. At any time in the life of the contract the option holder can also sell the contract to another willing buyer in exchange for a premium (this method is primarily used for speculation.) These types of contracts allow the option buyer to control stock for a fraction of the overall investment, giving the buyer a tremendous amount of leverage. The seller is selling the contract, with the intention of the contract expiring worthless, thereby keeping the premium.
*take a deeper dive into options by clicking here.Q: All I have heard is that options are risky, how are your trades safer? A: Options, as with all trading do have risk associated with them, and you want to understand these risks before investing. But the way our traders at TradersArmy evaluate the market is to place not only ceilings (profit targets) on our trades, but clearly defined floors (protective measures) as well. There are instances where traders can control over $22,400 worth of stock with as little as $400 at risk. Simply buying $22,400 worth of stock would put their risk much higher. For deeper insight, we suggest watching our “Options Foundations” training in the “My Trading Courses” section of our website. *premium subscription required Q: Why do you review the futures and forex markets before doing analysis of the options and stock markets? A: The world is too connected to ignore movements in other markets. All markets are interconnected so we have to evaluate the world demand for our dollar before we can size up our economy. For a number of years the market and the dollar had a correlation coefficient of -1, moving exactly opposite of the market. Knowing this allows us to look for support and resistance levels in both markets to verify trading opportunities. We evaluate the futures markets because it gives an early indication as to possible gaps in the market as well as opportunities.