Welcome! This page contains the most Frequently Asked Questions, as presented to us over the years by our members, and the answers to those questions. In addition, on this page, FinancialMarketsWizard.com has addressed other issues so that you may focus all of your energy on trading rather than searching for the answers to your questions.
Please read this entire page, whether or not you have questions. The issues addressed here will help to prevent you from having questions at a later time. Also, by reviewing this page now, you will discover what issues are covered here so that this page becomes a reference for you.
On the other hand, if you ever have a question regarding any issue, please fill out the form on our Contact and Support page. Please include the topic of your issue in the subject line. We will respond as soon as possible.
We provide free and paid services. These are:
- Stocks and Options Basic topics
- Stocks and Options Advance topics
- Markets Analysis
- Trades Analysis
- Psychology of trading newsletter
- All of the above, Plus:
- More detailed charts and markets analysis
- Alert Services (see here for more detail on each-):
- Swing Options
- LEAP Options
- index Options
We do not offer auto-trade service at the moment.
Yes! We accept payments for monthly subscription and yearly subscription.
Yes! Our Swing Lite, Leap and Spread trading services fit well for those who work full-time.
Yes! Our Swing Lite and Spread Trading services cater to those who have account size of $5000
No, we currently do not offer free trials.
We offer a 50/50 guarantee – if our win percentage drops below 50% performance during any month we will offer you a 50% discount on your next month’s service. We’re proud to say that we’ve never had to credit anyone!
You should have a basic understanding of how options work and how they relate to the underlying equities/stocks.
You also need to have a basic understanding of using your trading platform / broker to place and manage orders.
It helps to understand Excel or another spreadsheet tool to be able to track your trades and better manage your trading capital, positions, and conduct basic trading profitability and risk analysis.
If you don’t understand options or stocks, there are many good basic educational materials available online or through your brokerage. You can always sign up for a free account at OptionsExpress.com, and use their free training materials.
As part of our member service, we provide a set of emails to introduce the Basics of getting started trading, as well as our 85-page Stock/Options Trading System document. We suggest you read through these prior to starting trading to ensure you understand our system.
Most brokers also provide a wealth of Stock / Options trading educational materials on their website, with everything from the basics through to money management, risk analysis, trade analysis, and more advanced topics. We suggest you take advantage of these (generally free) resources.
Additionally, you can usually setup a “paper trading” or virtual trading account with your brokerage, which may allow you to practice trading with virtual money, before risking real money. Talk to your broker for details.
Choosing a broker is a complex decision, so we cannot recommend specific brokers to you. Brokers offer a mix of services, prices, and often limit the jurisdictions that they accept accounts from.
Generally speaking, you can choose a broker with good educational resources, but they are often priced higher and will increase your trading costs and reduce profitability / margins.
Cheaper brokers often provide less support, fewer free training materials, and may charge additional fees for services other than trading (market data or trading platforms).
Certain brokers will not allow you to open an account unless you reside in the United States and/or Canada.
We trade both Calls and Puts, depending on where the market is heading (Bull/Up or Bear/Down). Individual stocks or sectors may be following the market trend or not, so even if the market is going Up (Bull), certain sectors or stocks may be going Down (Bear) and we may choose to purchase Puts to capitalize on that trend, or vice versa.
We believe in simplicity and therefore, we only do Long Calls and Long Puts.
The alert is sent in via two emails:
- Stock symbol
- Option Strike and Month
- Buy Price
- Three Targets are given
- Stop Price
- Any update to the trade
Once the trade is in progress we send further emails with updates.
Trade alerts are sent during US Equity Market hours, from slightly before 9:30am EST through to shortly after market close at 4:00 pm EST.
Other emails such as markets analysis, trades updates, may be sent either during or outside of these hours at no fixed schedule.
Our trade alerts are sent in real-time to our members. Depending on the speed of your internet connection, how frequently you check your Inbox and who is your email provider, our alerts may be delivered to your Inbox in as early as 10 seconds from our time of sending to several minutes.
We advise you to avoid AOL, Yahoo, and Hotmail and rather use GMail as it is usually reliable and updates quickly.
Open and closed positions are updated daily on trading day.
When the trade is closed then the sell price, dollar gain, percentage gain and the duration of the trade is updated in the website winner page.
Yes, a stop price is provided in the trade alert.
Yes, three target prices are provided for each trade. A detailed strategy is described in our trading system guide book so that members can maximize the gains in the trade.
Yes, not only do we provide important market updates to our members, but also forecast changes in the market direction.
It depends on the service you have subscribed to. Swing trades are supposed to be executed as soon as the alert is received. Whereas LEAP, Index and Little Gem alerts can be placed later as long as the trade has not gone far or trading below the recommended purchase price. In our trading system guidebook we have provided a matrix on how much above the recommended price a member can pay and still be profitable.
You can trade our alerts without using your own charts, though we don’t really recommend it.
Most trading platforms and brokers have basic charting capabilities which are sufficient to follow our trades.
If your broker does not provide charting capabilities, then please take a look at stockcharts.com for free stock charting capabilities.
Not only does this website has good charting capabilities but is full of trade related resources.
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