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What You'll Get When You Join Today:
Weekly video to identify possible candidates
Action plan
Tracking sheet
Instructional videos for non-directional strategies
Quarterly live Q&A class
24/7 access to site
Plus … bonus recordings
FREQUENTLY ASKED QUESTIONS
How often do I receive the information?
Subscribers receive a video from Covered Call Explorer once each week. The video and the tracking sheet is also available in the private member’s area at the same time. The material is typically available on Mondays, with the exception of holidays.
How will I receive the information?
The video will be sent to the email address on file for your account. It will also be available in the member’s area when you sign into your account.
Who is the instructor?
The instructor is veteran trader and coach Tripp Sawyer. Tripp is a master when it comes to using scans and filters to identify non-directional trades. He personally identifies the candidates and records the video.
What if I don’t know all the strategies?
Included inside the member’s area of Covered Call Explorer is a series of videos that explain each of the cash-flow strategies taught and used: covered calls, naked puts, diagonal spreads and iron condors. It is recommended that you watch these instructional videos and practice extensively before you place any money in a live trade.
How long are the recordings made available?
The bonus recordings with the instructional material is never removed from the site. You will have 24/7 access to that material. The four most recent weekly videos remain on the site. Anything older than that is not useful.
What information is on the tracking sheet?
The tracking sheet is an action plan that describes all the steps to follow when entering a position: the stock symbol, the option to buy or sell, the margin required, the targeted rate of return and the target profit. There are numerous candidates listed for analysis under each of the trading strategies.
Will this product tell me which positions to enter?
No. Covered Call Explorer will provide you with a short list of candidates to consider. The final analysis and decision to buy or sell is up to the individual. The instructors with Wealth Builders HQ are not brokers or financial advisers and are not legally allowed to tell which what to buy or sell.
What if I have questions about the strategies?
You may email your questions to [email protected] and they will be relayed to the staff. In addition, instructor Tripp Sawyer will schedule live classes throughout the year to take questions from students. We value our students and want them to have their questions answered as quickly as possible.
Wealth Builders HQ - Copyright 2024 - All Rights Reserved
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If you do not agree with any term or provision of our Terms and Conditions you should not use our Site, Services, Content or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.
By purchasing this training series, you consent for Wealth Builders HQ and its authorized vendors to contact you at the telephone number provided for marketing purposes, with the use of technology that may include automatic dialing or prerecorded technology. Msg & Data Rates May Apply. Text back STOP at any time to opt-out. Consent is not required to make a purchase.
Neither Freedom Management Partners, Wealth Builders HQ, or any of its personnel are registered broker-dealers or investment advisers. We will mention that we consider certain securities or positions to be good candidates for the types of strategies we are discussing or illustrating. Because we consider the securities or positions appropriate to the discussion or for illustration purposes does not mean that we am telling you to trade the strategies or securities. Keep in mind that we are not providing you with recommendations or personalized advice about your trading activities. The information we are providing is not tailored to any particular individual. Any mention of a particular security is not a recommendation to buy, sell, or hold that or any other security or a suggestion that it is suitable for any specific person. Keep in mind that all trading involves a risk of loss, and this will always be the situation, regardless of whether we are discussing strategies that are intended to limit risk. Also Freedom Management Partners’ personnel are not subject to trading restrictions. We and others at Freedom Management Partners could have a position in a security or initiate a position in a security at any time.
Wealth Builders HQ may publish testimonials or descriptions of past performance but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty or guarantee that similar results will be obtained by you. Wealth Builders HQ's coaches' experiences with trading is not typical, nor is the experience of traders featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication, and a significant amount of time. Your results may differ materially from those expressed or utilized by Warrior Trading due to a number of factors. We do not track the typical results of our past or current customers. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
Any figures and results discussed in this training are our personal results and in some cases the figures and results of previous or existing students. Please understand these results are not typical. We’re not implying you’ll duplicate them (or do anything for that matter). The average person who watches “how to” information webinars get little to no results. We’re using these references for example purposes only. Your results will vary and depend on many factors including but not limited to your background, experience, and work ethic. All business entails risk as well as massive and consistent effort and action. If you’re not willing to accept that, please DO NOT INVEST IN THIS TRAINING.
Available research data suggests that most traders are NOT profitable.
In a research paper published in 2014 titled “Do Day Traders Rationally Learn About Their Ability?”, professors from the University of California studied 3.7 billion trades from the Taiwan Stock Exchange between 1992-2006 and found that only 9.81% of day trading volume was generated by predictably profitable traders and that these predictably profitable traders constitute less than 3% of all day traders on an average day.
In a 2005 article published in the Journal of Applied Finance titled “The Profitability of Active Stock Traders” professors at the University of Oxford and the University College Dublin found that out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619.
In a 2003 article published in the Financial Analysts Journal titled “The Profitability of Day Traders”, professors at the University of Texas found that out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of $10,000.
The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders. At a minimum, these studies indicate at least 50% of aspiring day traders will not be profitable. This reiterates that consistently making money trading stocks is not easy. Day Trading is a high risk activity and can result in the loss of your entire investment. Any trade or investment is at your own risk.
Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal or investment advice. A referral to a stock or commodity is for educational purposes only and is not an indication to buy or sell that stock or commodity.
Citations for Disclaimer
Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2014). Do Day Traders Rationally Learn About Their Ability?. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2535636
Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No. 2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615
Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: https://www.tandfonline.com/doi/abs/10.2469/faj.v59.n6.2578