$100,000 Virtual Portfolio – Conservative – 25% Annual Returns
by phil - February 24th, 2010 10:11 pm
I've had a few new members ask me about deploying a new virtual portfolio.
I thought it would be a good idea to do a little practice run using the WSS platform with ORDINARY margins so these will be trades anyone can make. My intention with this virtual portfolio is not to touch it very often and I WILL NOT be able to watch it all day. So, this will be an ideal virtual portfolio for the "set and forget" crowd. Obviously, you can do this with $50,000 or even $25,000 – just buy less positions!
Our goal is conservatism and earning a least 2% a month. We did this with last spring's Q2 $100K Virtual Portfolio, which was doing better than $1,000 PER WEEK until we closed it in week 18. If those two things don't seem to go hand in hand – I hope to get you to think again as we use many of the techniques we learn ever day at PSW to take advantage of different market movements. I haven't tried the new option system at WSS yet so we'll see how it goes and how much of a pain in the ass it is but, basically – if you are the kind of trader who is busy during the day and has little time to deal with a virtual portfolio – then we're in the same boat on this one!
If you are brand new to our site I seriously request that you don't "experiment" by following this live. You can paper trade too until you get the feel for managing these positions. For new Members, we have a "New Member’s Guide" which pretty much lays things out with these standard assignments:
- If you are new to options, read Sage’s Book
- Read 1 full month of my posts and all comments, you will get a good feel for the site, the kind of trades we do and also get to know a bit about the people in chat. Knowing people’s various expertises and understanding their market philosophy and position makes the next live comment they make much more informative…
- Read Option Sage’s articles under his tab, many were co-authored by me that highlight various option strategies with real-world examples.
- Watch The Man Who Planted Trees,
September Promotion – Cash for Clickers!
by phil - September 5th, 2009 7:50 am
Never let is be said we are above jumping on the bandwagon to promote the site.
This month, we are going to test the old adage that "you can't put a price on friendship." We say you can and we say that price is $74.70! That is how much money you will save annually off a monthly premium subscription for each friend you refer under our September Refer-A-Friend program.
After the debacle of the July contest, where we offered $1,500 CASH for referrals and we had the lowest response yet to a promotional, we went back to spending our money on Google ads and, I'm sorry to say, Google kicked your butts! 2,300 PSW Report subscribers signed up in August vs. just 1,300 referred in the July contest. Nonetheless, our overall marketing campaign is on track and we have already crossed the 9,000 subscriber mark on the reports, way ahead towards our goal of 10,000 by the year's end.
By the way, a lot of Report Members want to know if they can keep getting the PSW Report for free and the answer is YES – by referring a single friend each quarter, you are able to extend your own free trial subscription. What about my $74.70 discount per friend you may wonder? That is just as simple: Refer 10 friends friends in Septermber to a FREE newsletter trial subscription (they must, of course, "opt in"), and you will get a PERMANENT 25% discount on ANY PSW MEMBERSHIP. On a monthly premium membership, that is and $896 savings per year ($89.60 per friend). This is in addition to any other earned discounts UNLESS you already got your 20% bonus discount the last time we did this.
Click here to refer a friend right now!
If you refer under 10 people, you will still get a 20% bonus discount through the end of the year but, after that, you'll have to qualify again in our January promotion but no effort made will ever be wasted as 10 referrals over time will always lock in your discount. Even just 20% on a $399 annual Alert subscription is $79.80 – that is the price of friendship!
Surely you know 1 person who would be willing to check out our free trial Newsletter so they can help you save $74.70 on your subscription? If you know 10 such…