FAQs

1. Can I trade your system if I’ve never traded before? Yes! This is the simplest system you are ever going to trade and all you need to know is how to enter and exit trades on your broker’s platform.

2. I can’t watch the markets all day, Can I trade your system? Yes, you can. All trade recommendations are made the night before and so you can enter the electronic markets at that time and enter the open outcry markets at the same time. So when the open outcry markets open, your orders will be filled almost immediately. Also, when exiting trades, a lot of brokers now offer the ability to set a specific time to close a position. All you must do is set up for the contract to be closed approximately 2-3 minutes before the actual market close so you know that you have exited the trade.

3. Why the futures market? The futures market is a diverse group of trading instruments that represents all facets of the world economy. It gives you access to trade many non-correlated things so you are diversifying your portfolio just by trading the futures market. Also, thanks to leverage you can commit a small dollar amount to each trade compared to the real cost of say 50,000 Bushels of Corn. These two things are the most simple reasons why the futures market is an excellent place to trade.

4. How is each trade decided upon? While I cannot give you explicit details from the proprietary trading system I can say this: The trades are based on Price, Time, and Volatility. This system is much different because it doesn’t not use standard indicators and I’ve found that enter at open and exit at close is the best risk to return ratio compared to many other previous tested methods.

5. How many trades are there each day? The system generates 1-3 signals each day on average.

6. How long do I hold the trades? The name of the website explains it all! Open 2 Close. Set your orders before each market’s open and exit your trades before each market close.

7. What kind of support do you offer subscribers? Support is provided by email for any and all questions.

8. What is the difference between Day Trade Margins and Overnight Margins? Day Trade Margins are much cheaper because the broker and exchange realize that you can not lose nearly as much money on a trade held only during one trading session. Overnight margins force you to committ more money to a position to lower the leverage and so there is more money in the account to cover a loss. For example the E-Mini SP500 can have a day trade margin committment as low as $500 but the overnight margin requirement is as high as $4500! That just goes to show you how much better it is to day trade futures than to hold overnight.

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