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Friday, April 13, 2007 3:52:08 PM
Pearly gates was a pretty good publication, although not quite as hands-off as their advert says. I have to say that virtually every trade I made 'could have' been sold at a profit, however many of them I held on for larger gains and ended up waiting too long. The key to success at it truly is to take every small profit at the earliest timeframe. If you don't time decay is your enemy.
Also, there are some audio cd's that they send you when you first sign up which are typical 'info guru' information and stories and explain how options work. They are actually quite good and I have loaned mine out to a few friends who have all thought they were interesting.
I followed their trades for a bit and then made a few on my own. Both equally as successful/unsuccessful, lol. Over all, I'd recommend their service to anyone who was wanting to learn option trading. But you do have to be actively trading to justify the ongoing $100 bucks a month, even though it can be offset fairly easily through 1 small trade.
Robert
There are no good stocks, only good trades.
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