August 7, 2003

Does CallWriter really work for inexperienced traders?
by John Brasher, CallWriter Publisher

Our CallWriter website talks in depth about how to make an average 3%-5% monthly return writing covered calls, consistently, without using margin. Experienced traders can double that return rate with margin, and more aggressive trading will increase that rate also. Hopeful investors, many of whom were badly burned in the bear market of the last few years, frequently ask us if it's really possible for inexperienced (even neophyte) traders to get such great results.

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:

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.

Good luck and good trading!