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Can
the inexperienced trader join CallWriter, absorb
the tutorial information and make trades off our Real
Time Lists that consistently win?
The
answer is YES.
And
we're going to prove it to you with a great example that
recently came to our attention. One of our members, John
DeBoer, joined us in April and began making covered call
trades off our lists. Remember, a covered call is a trade
in which you simultaneously buy a stock and write (sell)
call options on the stock. The sale of the calls generates
income. John considers himself an inexperienced trader
and is not trained in charting or technical analysis.
And John didn't do anything fancy. He used our Real
Time Lists to find good trade candidates. He
read our tutorials, including how to use our lists and
how to pick good covered call trades. He also did his
own analysis by simply using our CallWriter trade
ENTRY signals that we publish right on our CallWriter
members' HOME page.
John
has twice used our Position Management Calculator
on live trades, once to milk more profit out of the trade,
once to roll down on a stock that dropped. He did all
this without ever once asking our advice or for any tips,
relying on information and tutorials right on CallWriter's
website.
How
did he do?
Great!
John's trades simply have done wonderfully. Over a couple
of months, he has initiated 7 different trades
that appeared on our Real Time Lists and
has not yet had a losing trade. Here is a rundown
of his trades:
| Stock |
Trades |
| USG |
Rolled from 12.5 Call to 15 Call as
stock went up, closed out profitably. |
| COB |
Called out for a profit. |
| ACF |
Closed out profitably. |
| ET |
Closed out profitably. |
| FLEX |
Closed out profitably. |
| FTS |
Closed out profitably. |
| VRSN |
Rolled down from 15 Call to 12.50 Call
as stock dropped. Will continue to write calls against
the stock, unless it violates support levels. |
His
monthly profit is averaging in the 6%-7% range,
without using margin. John typically does not wait
for expiration, but closes a trade out a few days before
expiration. Why? Because a few days before expiration,
the asked price of the covered call sold will have dropped
to such a low level (sometimes $0.10 - $0.15), that he
can buy it back for a song, sell the underlying stock
and still have a nice gain. While closing out a position
early eats up a little profit and adds trading costs,
it also terminates trade risk and frees up capital for
new positions.
After
closing a covered call position, John initiates a new
covered call position in a different stock that is paying
a 2%-3% premium with less than a week left before
expiration. Listen, 2%-3% may not sound like much, but
it's a heck of a return for three days!
Just
beginner's luck? Was John saved by a rising market? Not
really! CallWriter can produce a consistent monthly
return for traders, even the newbies. If we didn't, our
subscribers would be gone pretty fast! And we have one
of the highest subscriber retention rates in the business.
Over 70% of our subscribers continue for at least 12 months,
and not many investing websites can make that claim.
Do
you want to make consistent monthly returns?
Dot you insist on the very best tools available for
making money?
Isn't it time you gave CallWriter a try?
CallWriter
gets you in the game and gives you the tools to win. We
want inexperienced investors to find for themselves that
they can get in the market and win consistently. A 3%
average monthly return works out to about 40% annually
compounded, assuming that you reinvest trading profits.
We offer trade candidates every day for every taste, whether
your taste is conservative or aggressive. It's simple
- CallWriter shows you how to make money.

Ways
to Try CallWriter
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Contribute
an Article
To
contribute an article to the Money NewsLetter,
send your contribution, along with your promotional
byline, to: newsletter@callwriter.com.
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Reproduction
Don't
hesitate to print out this newsletter for
your own use or forward a copy of it to your
friends and associates (we want you to), but
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Disclaimer
We
are not brokers, investment advisers or securities
analysts and do not recommend the purchase,
sale or holding of any security. Your use
of any information or strategy appearing in
this newsletter or on CallWriter.com is solely
at your own risk. We urge our newsletter subscribers
and CallWriter.com website members to do all
requisite and analysis and properly plan each
trade prior to making the trade and to manage
each trade effectively. Covered call and other
potential trades discussed in this newsletter
or on CallWriter.com do not constitute trading
recommendations by CallWriter or any other
person and are presented by solely for informational
and educational purposes. |
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