Frequently Asked Questions

This page presents an interactive list of frequently asked questions, and invites you to ask a question if you don't find the answer among the product information shared in this section. Just click the "+" symbol to the right of the question to reveal the answer. Click there again when the answer is shown and it will collapse back down to show only the question.


Q:
What kind of technology do I need to make full use of the service?

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A: In order to make full use of the service, traders will need to have a device that can access the Internet. A desktop computer, a laptop computer, or any handheld device that allows for the user to search using the Internet is required to make full use of the service. The service will be easily accessible by both Apple and Windows operating systems and having access to email will be paramount. The website will also be compatible with operating systems such as Internet Explorer, Firefox, and Safari and handheld devices like the IPad, Google Droid, and other handheld devices.



Q: How much money do I need in a trading account to take full advantage of the services offered? Are you a broker dealer?

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A: The absolute minimum amount a trader should have in their options trading account is around $5,000 to take full advantage of the service. In certain cases, we will be utilizing spreads where required capital will be anywhere from $500-$1,000 dollars to maintain the position. Option brokers require this capital to insure that they are not on the hook for potential losses. $5,000 will also provide subscribers with the appropriate amount of capital should we enter a period of time where we become very active and we have several trades open.

The service will strive to provide 3-4 high probability trades with crisply defined risk every month. Regular analysis of the VIX and the broad market indices will be received by traders on a daily basis. During certain periods of time, specifically earnings season, the amount of trades will increase. During those periods of time, in order to use proper position sizing to mitigate risk further, subscribers would likely benefit from a $10,000 trading account.

In reality, a subscriber could have as little as $2,500 dollars to be able to enter 1-2 recommended trades on a monthly basis due to the inherent leverage built into options. Obviously the margin for error is reduced tremendously with an account that small, for those new to options $2,500 would be an appropriate amount to learn how to trade options appropriately before increasing their capital outlay.

It is critical to note that the funds used to place trades recommended by the service should be considered risk capital. In basic terms, risk capital is money that a person can afford to lose. Subscribers should not be using funds that they require in order to live to place trades. Money for a mortgage payment, health insurance, or a car payment should not be used to trade options or any other financial instrument.

Risk capital is money that a subscriber can afford to lose and should be viewed as such. While we will utilize stops and will seek to take trades where our risk is clearly defined, proper money management is critical in order to achieve success as a trader. I will do my best to provide high quality, defined risk setups but subscribers need to understand their own risk tolerance as well as what they can afford to lose without finding themselves in personal financial peril.

OptionTradingSignals.com is a registered product of TheTechnicalTraders.com, which is owned by Chris Vermeulen. OptionTradingSignals.com nor TheTechnicalTraders.com are broker dealers nor do they have any affiliation with specific broker dealers. Broker dealers provide trade execution and in some cases trading platforms and real time quotes. OptionTradingSignals is focused on providing subscribers with a trading education in the area of options. OptionTradingSignals and TheTechnicalTraders should be viewed as media publishers with a focus on educating subscribers how to effectively trade in financial markets. We do not provide financial advice, nor do we have any profit sharing agreements with any broker dealers. The focus of OptionTradingSignals is to provide an education for hopeful option traders to expedite consistent profitability as quickly as possible.

Subscribers are essentially paying an online broker (discount broker hopefully) to provide them with trade execution and potentially a trading platform and access to real time quotes. OptionTradingSignals is providing an educational service which is focused on finding low risk, high probability setups. Through this structure it aligns the interests of subscribers with that of OptionTradingSignals moderators and contributors.




Q: What underlying indices, stocks, or ETF’s does the service focus on?

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A: The service will focus on the S&P 500 index primarily, but the options contracts we will use most of the time will be the SPX, OEX (S&P 100), and S&P ETF SPY. Other underlying indices include RUT and corresponding ETF’s. Specific ETF’s that will share a primary focus include GLD, USO, TLT, GDX to name a few. Hyper-beta stocks such as AAPL, PCLN, AMZN, BIDU, and GOOG will occasionally be utilized, specifically in a short time frame when the market appears to have a directional bias.



Q: How do your signals work for trades of different trading vehicles?

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A: Unlike equities or futures, options carry a totally different set of attributes which are not necessarily synonymous with their equity or futures counterparts. In most cases, a trade recommendation will be focused on one specific underlying as implied volatility can change abruptly or be totally different for two underlying assets which represent the same financial instrument.

For example, SPX could have a totally different implied volatility than SPY, even though they both represent the S&P 500 there can be differences which enhance returns trading one versus the other. It will be possible for traders to use other corresponding underlyings should they choose, however they will be forced to figure out the proper strikes and the appropriate setup on their own.




Q: Can members actually learn your trading method and strategy?

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A: The OptionTradingSignals service is designed to provide hopeful option traders with the appropriate education to be able to pull profit out of the market consistently. Obviously some members will simply want trade recommendations and will not worry themselves learning my methodology; other members will clearly want to learn the strategy and analysis I use before entering/closing trades.

My methodology is pretty simple and straightforward. I utilize basic technical analysis combined with market internals to create an edge. In many cases, key support, resistance levels, and pivots are identified to build trades which utilize time decay. Members will learn quite quickly the methodology that I use to find quality setups. Within a year, I would fully expect traders to be able to find quality risk reward setups utilizing basic option strategies to create profits on their own. Daily chart analysis and weekly reports and videos will round out the service and allow traders to fully grasp the strategies that I will be using.

Note: For option traders to expedite the learning curve, quality option charting tools are a necessity to learn how option trades create profits. Most option specific brokers have tools built into their platforms. Online brokers like TradeMonster and ThinkorSwim have option charting tools which are free if you open a trading account with them.




Q: What is your track record and where can I find it?

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A: Click Here: OTS-performance.pdf




Q: I am new to option trading, how should I best utilize this service?

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I generally recommend that newer traders watch the service for a few weeks or longer paper trading based on the email alerts. By doing this, a novice trader can work out many of the issues or questions they might have regarding the trading platform they are using and the construction of various option trading strategies.

Options are quite different from stocks or futures, and for novice traders just starting out learning the strategies and how to set them up appropriately on the platform you are using is critical before any capital should be put at risk. When basic mistakes are removed through the use of paper-trading, it reduces the risk that a trader will make a mistake regarding trade execution.

This service will be recommending2-4 trades on a monthly basis, thus if a subscriber paper-traded for an entire month there would still be plenty of time and recommendations to trade when they feel they are ready to go live and use real money. In the meantime, the subscriber would still have access to the various educational articles only available to subscribers as well as the morning and weekly reports. Additionally subscribers would also have access to the weekly video which will be full of educational pointers from technical analysis to proper option trade configuration. The service strives to have a rich mixture of educational feature while still providing quality trade recommendations.




Q: Can I buy a subscription with a check or by mail?

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A: Yes. Simply type and print out a basic note telling us that you want to order a particular subscription term. Here are 4 easy steps to do this right:

  1. Clearly identify the subscription term you desire.

    2A. If you wish to pay with a credit card, I can accept only Visa and Mastercard. Identify which card you wish to use and then send:
    •Complete credit card number,
    •Expiration date, and
    •Name exactly as it is printed on the card.
    You’ll also need to create a signature line agreeing that my company shall charge your card for the subscription term & fee you seek, and date & sign the letter.

    2B. If you wish to pay with a check, you’ll need to include the following information in the letter:
    •Your full name, and
    •Your complete address
    Again, you’ll need to create a signature line asking my company to accept your enclosed check as payment for the subscription term you seek, and date & sign the letter.

    3. For either payment by credit card or check, I’ll also need:
    •Your complete phone number, and
    •Your complete email address (the one where you want your recommendations sent).

    4. Mail this letter to:

    Technical Traders Ltd.
    10126 Hwy 26 East, RR#2, Unit 1
    Collingwood, ON, L9Y3Z1 Canada


    I will confirm receipt and process your order ASAP. However I strongly encourage members to setup their account electronically as it is fast, safe, and easy.



Q:
I just subscribed, how long will it be until I get my login and password?

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A: Thank you for joining! I look forward to delivering low risk, high probability recommendations with the highest quality education throughout your subscription term. Your login and password information is immediately sent to you via the email address you entered when you signed up for the service. However, it is critical to note that email is not always instantly delivered. If you have still not received the login and password via email within an hour of your signup time, be sure to check your junk mail and/or your spam filter.

If you do find the email there, I would suggest that you white list future emails that come from my server. Be sure to check with your email service provider to see if they offer a white list function (they probably do). White listing is a way to tell your email provider’s server that it should not flag and email from the service as junk or spam.

Some email software packages may also filter email separately from the filtering done by your email host provider until you take some action (often as simple as adding my server’s email address to your address book or clicking a link in the email that says “This is not junk”). Follow the procedure for your email software client to insure that email from the service is not considered junk or spam. Clearly I may not be familiar with your email software client, so please consult the “help” area built into most software packages.

In closing, you can also click the “Lost Password” link located directly under the members’ login form, which basically asks the system to resend. If you sign up on Friday evening, Sunday night, or on holidays when financial markets are closed and have a question or an issue completing your order please send us an email. I take some weekends off and wait until early Monday morning before reading my emails from the weekend, but I will always reply as soon as possible.




Q: Do you offer any kind of free trial?

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A: This service is extremely exclusive at only 200 members max because of options volume on some stocks. That limit allows tremendous trader flexibility to offer recommendations that may not otherwise fit an unlimited capacity service. Free trials would quickly close the service, locking out subscribers willing to buy a subscription. We do have a monthly payment option making it very affordable to test the service.




Q: Can I pool a subscription with a friend or two? My login got disabled I see a “Multiple IP Address Detected” sign when I try to login to the Members area. What happened?
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A: The subscription fee that is charged for access to the service is for ONE subscriber. It is not to be shared with other people and doing so is a breach of the terms and service and is illegal. If you have a friend or two that are also interested in the service, encourage them to purchase it on their own.

To deter password sharing, the service uses an advanced IP address logging detection software that will automatically disable a login and password permanently if what should be ONE subscriber attempts to login from multiple locations simultaneously. Besides the legal and ethical violations of sharing the same password, the other person(s) using your password may result in detection locking YOU out of the system.

 During the lockout phase, you would miss potentially crucial information such as a new entry/exit recommendation. In the worst case scenario, a lockout could cause you to lose a portion of your profit or could potentially result in a loss. In either case, this type of mistake could cause tremendous damage to your trading capital. 

The best way to avoid these kinds of actions is to NOT share your password, nor “partner” with someone and share one subscription. I work very hard to deliver the very best value I can and it is simply wrong to abuse my services and effort.

If you have seen a message like this but haven’t shared your password with someone else, your password may have been accessed by someone else by some other means. Always remember to be careful when using publicly-accessible computers. Contact us immediately should this happen so we can reset your password. Should this happen, I would encourage you to use a more complicated and secure password going forward.




Q: How does someone cancel their subscription?

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A: No problem at all, simply contact us and we will promptly cancel your subscription stopping future payments.

As soon as your subscription slot is cancelled, it may be sold to someone else. If the service is closed to new subscribers and your cancelled slot is sold, you could be locked out of being able to re-subscribe until such time that other slots open again. It is advisable to NOT cancel your subscription if you think you would want to resume it after a short break/holiday/vacation.



An interview with J.W. Jones.
Click Here
to Play

Trader-interview.com

Profitable Options Strategies Book


Recent Trades

  • IWM 13%
  • UUP 81%
  • SPY 44%
  • GLD 29%
  • SPY 32%
  • GS 13%
  • QQQQ -7%
  • FXE 18%
  • GLD -65%
  • SPY 25%
  • XOM 10%

OTS performance


Trading Testimonial

this is a value added service

I really enjoy your service and personal attention you bring to your clients. I do believe this is a value added service and you do an outstanding job for it's members.

- Butch -

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I'm stoked with the progress here

The trades are working well. I'm stoked with the progress here. You're the Captain of the ship and I'm just going along for the ride. Much Aloha for all of your "beyond expert advice" and your market brilliance.

- Rick, Hawaii -

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We out here need your knowledge to guide us

In this world of financial sharks I believe you to be a fine and ethical young gentleman. We out here need your knowledge to guide us through the shark tank.

- Frank -

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