With every trade, Tom will spell out three main things:
- TARGET PRICE for entry
- PROFIT TARGET for exit
- TIME TARGET for exit
That’s everything you need to know in advance. Exactly when to get in… what your goal is, and when to get out. And, of course, exactly how to set up every trade based on that exact information.
Here’s what a normal new trade recommendation will look like:
Action to Take: Open a (Trade Type) on Example Stock Inc. (XXX)
BUY-to-OPEN XXX September 18, 2015 $35 Calls (XX150918C00035000)
Pay no more than $3.50
Enter as a (order type)
* For trades lasting 30 days or more, we’ll be using good-’til-canceled (GTC) orders
* For trades lasting one week or less, we’ll be using day-only orders
SELL-to-Close: Example Stock Inc. (NYSE:XX) XX September 18, 2015 $35 Calls(XX150918C00035000) at 100% or better.