- What is the difference between the Basic and Premium membership?
- Subscribers to our Basic service have access to the Insiders page where we post all Trade Alerts, weekly reports and any special reports. Basic members receive an email at the end of the day containing any trades made in any of our current portfolios. Premium members receive the same, but in addition may opt to receive real time Trade Alerts and are eligible to participate in any Auto-Trade program offered by their broker.
- How are your membership materials delivered?
- All materials are emailed to you at the email address you provide when joining. You will receive your copy of the White Paper immediately after you join. The first Options Tutorial is emailed to you 24-48 hours after you join, and will continue, one tutorial per day for 14 days.
- Do you have a free trial?
- Following the initial payment for the White Paper, you will receive up to 2 months of access for free. During this time you will have access to our Insiders page, where we post all Trade Alerts, weekly reports and any special reports.
- Can your strategies be used by people outside the United States?
- Yes. International members may open an account with a participating broker to trade the strategies on the U.S. market.
- How easy is it to get started?
- All it takes is a brokerage account (at a brokerage which offers Auto-Trade for Terry’s Tips Trade Alerts if that is the subscriber’s aim) with at least $5000 in it (or $10,000 for most of our portfolios), and signing up for a Terry’s Tips subscription.
- What type of option knowledge do I have to have to use your program?
- We recommend that subscribers become as knowledgeable as possible about stock options, particularly the risks involved and how the Greek measures help quantify that risk. However, once a subscriber becomes familiar with the underlying premise of our strategies, he or she might mirror our trades (or sign up for Auto-Trade with their broker) without understanding all the nuances of option trading.
- Could a "newbie" follow your program?
- Many of our subscribers are new to options. The program is designed to provide information about the strategies in a clear, easy to understand manner. In addition, their broker may offer Auto-Trade in case they do not have the time to fully learn the strategies.
- What portfolios do you offer?
- Information about each portfolio may be found on our Track Record page.
- What type of membership do I need in order to participate in Auto-Trade?
- In order to participate in Auto-Trade you need to sign up for our Premium membership (because real-time delivery of Trade Alerts to your broker is necessary for Auto-Trade). You can do so by selecting option #2 on our order page. If you are already a Basic member, you can easily upgrade to the Premium membership directly from your user control panel.
- What kind of support do you offer your members?
- We are available by email to answer your questions about options and the specific strategies. Since we are an investment newsletter rather than licensed investment advisors, we are not allowed to make any personal recommendations or provide individualized investment advice.
- Why should I choose your service over the others?
- For the past few years, our portfolios have gained an average of over 40% a year, and several portfolios have earned over 100% a year. Each portfolio is an actual brokerage account, and our results include all commissions on all trades. We provide a level of disclosure that very few other newsletters offer – every trade we make in every portfolio is available to every subscriber. We don’t hide our losers under the carpet like most newsletters do.
- What if I have a question that hasn't been answered here?
- Please feel free to email us at info@terrystips.com with any other questions.
- Can your strategies be used in an IRA account?
- Yes, all the portfolios we maintain may be traded in an IRA account through many brokers.
- Do your portfolios trade on margin?
- No. The portfolios we maintain do not require the use of margin.
- What is the minimum amount required to trade?
- If you plan to mirror one of our portfolios (or sign up for Auto-Trade with your broker), the minimum amount is $5000 (although most of our portfolios require $10,000 to get set up).
- Under what type of market conditions do your strategies work?
- The majority of our portfolios are designed to make a profit in a flat or up market if our Composite Market Timing Model is in a Bull Mode. If our model is in a Bear Mode, these portfolios are designed to make a profit in a flat or down market.
- Do your strategies make money in down markets?
- One of our portfolios, the 36% Big Bear, was set up to provide protection in case of a lower market. It is designed to make money in a flat or down market. The other portfolios are designed to make money when the market stays flat or moves in the direction of our Composite Market Timing Model. In other words, if the general trend of the market is down (and our model presumably captures that fact), our portfolios will gain when the market moves lower (as long as the monthly downward movement is moderate).
- Do you have a strategy that allows for monthly profit-taking?
- The 36% Solution strategy is designed for members who want to be able to take out profits each month. Our goal is to remove $300 each month (from a $10,000 starting value portfolio) for a gain of 36% each year. All 36% Solution portfolios started in 2007 have enjoyed withdrawals at this level or better (at this writing, in October 2007).
- Where can I find a listing of your current positions?
- The latest positions for each portfolio are reported each week in the Saturday Report, which may be found on our Insiders page.
- Will I receive notifications when you place trades in your portfolios?
- Our Basic and Premium members receive notification of all trades made in any of our current portfolios at the end of the day. Premium members also may opt to receive real time alerts for the portfolio(s) of their choice.
- How many trade do you place each week/month?
- This varies based on the portfolio, the movement of the underlying stock/index, and the time of the month. Most trades are made during expiration week, though trades are also placed whenever they are called for by our trading and adjustment rules.
- Do you use puts or calls in your portfolios?
- We use both puts and calls in our portfolios. Some portfolios are set up to use either puts or calls exclusively, while others involve the use of both puts and calls.
- How risky are your strategies?
- Options are leveraged investments and involve a higher degree of risk than most conventional investments (otherwise, the high returns that we have enjoyed would not be possible). However, since all of our strategies involve being both long and short options concurrently, we have some protection against the market moving in either direction, and since our long positions always have a longer life span than our short options, there will always be a residual value in our portfolios no matter what the market does (i.e., it is not possible to lose the entire amount invested as long as the portfolio is being managed by Terry’s Tips).
- How do you manage risk?
- We have a well-defined set of Trading Rules to manage risk. In addition, each week in the Saturday Report, we publish a graph that shows the loss or gain that will result in each portfolio at the next expiration at a large range of possible underlying stock prices so that subscribers can visually see the risk profile of each portfolio on an ongoing basis.
- How can I access the Insiders page and my user control panel?
- You can access the Insiders page and your user control panel by clicking here. You can also access this page from our homepage - terrystips.com. There is a link to log in as a member at the bottom right side.
- How can I update my credit card information?
- Credit card information can be updated securely from your user control panel. There is a link to "Update cc info" in the upper right hand corner. If this link is not available, please email Ashley@terrystips.com.
- How can I update my personal information?
- Personal information can be updated from the user control panel. There is a link to "Change Password/Edit Profile" in the upper right hand corner.
- How can I cancel?
- You may cancel by logging into your user control panel and clicking the cancel button (shown as an "X" under your subscription history). Your membership will continue through the end of the paid period.
- How can I contact you?
- You may contact us by email at terry@terrystips.com. There is also an email form provided inside your user control panel.
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