Friday, August 20, 2010

New Addition: OPTIONS

We decided to add leverage to our programs. We were advised that we are not getting paid enough for our correct market calls (no pun intended). An example was the FAZ play. We could have made a 1200% return in the last 2 days instead of 11%. It makes you think. We can use much less capital and limit our risk to the amount placed while potentially increasing our returns exponentially. I have been toying with this idea for some years and decided now is the time to start running a Beta program. We will put a small amount into a new account called TCM. TCM will be our option account and will trade seperate from our WSR account. It should be ready to go next week.