Hi EliteTraders! As all our members know (and anybody on the 1 week free trial signups here from ET) we're 4 for 6 this week +12 ES points. 12 ES points is $600 if you're trading 1 contract, which almost pays for the entire Eagle signal for the month. Again most of our guys work size of 5-10 contracts, so that's $3k-$6 for the avg SizeTrader. We'll watch the market and see if we can catch one or two more trades but since we've hit our 66% correct prediction mark, and we're +12 points we're going to be cautious and only trade the perfect setup. GL for rest of week! Best, SizeTrade Signals
No, based on the current vol in market, we feel that achieving our stated goals which is 65%+ and 12 points a week would suffice. We always look to make money, but also make sure we don't give back any either by being overly aggressive. Eagle strategy does better when market has low-average vol
Why don't you just trade 100 contracts yourself and forget this whole waste of time on running a website and teaching?
It's because they are paper trading. Nothing wrong with that, just important and legally required to make that distinction.
Our head trader trades the signals, and trades it in decent size. He has no problem sharing these signals, because he loves to teach (started at worldco in 1999 and has run a bunch of desks since then). Since liquidity is not an issue in the Es, why not help out traders and make extra money on the side? If you're interested, feel free to email us a phone number and our head trader will reach out to You
Would you disclose the financial proceeds that this trader makes from you guys? I'm just trying to ascertain if the trader makes more from running the signal service, or if he makes more from trading. Clearly, the trading income should dwarf the employment income, which then begs the question, why do it day in and day out? I realize some traders want to share, and hence do webinars and stuff, but to sit in front of a computer for 8 hours a day, while supposedly making nice returns in his own account, just doesn't add up. Trading provides freedom, and yet employment ties you down. I think its very important for anyone who is helping someone else trade show how much money they are making themselves from trading.
Are you saying that you are trading real money in a real live account?? You need to clarify without beating around the bush. Thanks!
Gary trades many different strategies including many he doesn't provide. He doesn't trade because he doesn't want to work 8 hours and not sit in front of monitors. He actually trades 15-16 hours per day. All the signals we offer are very simple and sent out by mobile app. We had to spend money and time to develop a comfortable and easy way for him to send the signals, or he would not do this. Anyways we give a free 7 day no cc info necessary. If you want to see a free signal feel free to sign up. That's the best way you can tell for yourself how signal works. If it's not for you we understand that too.
Yes our trader trades these signals in his own account as well as other strategies that he does not offer signals to.