Blue Line Trading FAQ:
Q1: How does the system work?
A: We use our trading platform (trend-following) to identify our next trade. These trade alerts are triggered and sent out at the market open each day (one trade per day), which we send out to our subscribers in real time.
Q2: What should I expect as a subscriber?
A: Expect one trade alert per day at the beginning of the day (sent to your email). This alert will also be published on the website (subscriber alerts page). Access to trade alerts are only available to current subscribers.
Q3: What do I need in order to get started?
A: An email address, a brokerage account (optimal if options trades are enabled), and funds to trade
Q4: Do I need a minimum amount of funds in order to trade the system?
A: Not necessarily, though it is recommended to consider budgeting for several open trades at a time. Many of our alerts will present a position which could be open for several weeks.
Q5: How do the trades work?
A: We present the buy (with suggested entry price) and recommend pre-setting your exit based on your preferences. Each trader will be responsible for his/her own exits. You can place a Sell-Limit order after entering your trade, for a gain of 50%-100%-200%, whatever suits your style. We personally are targeting +100% gains and when hit will exit 85% of our position, leaving 15% on the table as our "lottery ticket," for future appreciation.
An example of an actual trade for reference:
The System identified a new trade (CRUS September $35 put). To execute this trade, a subscriber would do the following:
Order #1: Buy to Open Sep $35 Put @ $1.45 (or, "Market Order").
When the above order is filled (should take 30 seconds or less):
Q6: What about stops for limiting losses?
A: Our personal approach is "None". Stops have never helped profitability and have only ruined perfectly good systems. So on any one trade, be prepared to lose it all. Based upon our testing, it will happen, but not very often; Alternatively, a 75% stop can be employed with some, but minimal degradation of overall results. Anything tighter than about 75% will result in whipsaws out of many trades that go on to triple-digit gains. Ultimately, all trades have risk and it is up to the individual subscriber to decide.
Q7: How do I access the subscriber content?
A: When you purchase a subscription, your email address is automatically added to our system. This email address will receive the trade alerts each day. For access to the alerts via our website, you will need to create a login using the same email address you subscribed with. To access your subscriber billing portal and manage your account, visit this page.
Q8: How long has this system been around?
A: AllanTrends/Blue Line Trading began officially as a subscription service in 2010, but our head writer and chief strategist, Allan Harris, has been trading for a living for 4 decades! We have gone through several iterations of our system, always to improve profitability and ensure the best possible experience for our subscribers. We are absolutely positive this is the best system yet!
Q9: Is there anything else I need to know?
Options involve risk and are not suitable for all investors. All investors who deal with options should read and understand the publication "Characteristics and Risks of Standardized Options." A copy of this publication can be obtained by clicking on this link.
Blue Line Trading System, LLC (hereinafter "BLTS") does not promise, guarantee or imply verbally or in writing that anything taught through our newsletter, in any printed material, or displayed on our website will necessarily result in a profit. BLTS is the copyright owner of all text and graphics contained on this website. Copying, publishing or redistributing any material in any way without the written consent of BLTS is strictly prohibited.
The owners, publishers, and agents of BLTS are not liable for any losses or damages, monetary or other that may result from the application of information contained within this website and/or newsletter. Within this website, we publish materials that meet specific criteria representing characteristics associated with described trading strategies. Individual traders must do their own due diligence in analyzing featured options to determine if they represent a suitable opportunity. BLTS. and any of their agents, affiliates, representatives, employees, principals, business associates or affiliates, partners or independent contractors are not responsible for any losses or profits that may result from the application of information contained within this website and/or newsletter. Past performance is not indicative of future results. Option trading involves substantial risk. You can lose money trading options. The past results posted on this site are meant to give you a reasonable idea of what you could have made or lost trading by following the BLTS service but are in no way an exact reflection of what you would have made or lost. Therefore, you should not rely on our past trade results as a perfect replication of what your returns or losses would have been by following our service. There are inherent risks involved in the stock market and these risks should be considered prior to any decision. The representatives of BLTS may or may not hold a position in any stocks listed at the time of publication and reserve the right to buy or sell any security, option, future or derivative product without notification.
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