When it comes to trading, there is no such thing as perfection. We aim to do the best we can, but losses are part of the game. The trick is to limit them when they occur so that they do not blow up your account and cause massive damage to your finances.
The trades we do have a very high probability of working out. Most trades will be profitable. The odds are in our favor and over time, we should come out ahead. It is just a matter of time. The longer you trade this way, the more you allow the numbers to work in your favor. We have members that stay with us for years, so we think we are doing something right.
As you can see from our track record, we have had losses in the past. And there will be more in the future. You do not need to be afraid of losses. But you do have to learn to roll with the punches.
We pride ourselves on transparency and honesty and that is why we post every trade we have done along with the actual results in a way that is easily understood. There are others who offer similar services, but it is hard to find any of them posting their results like we do.
We do use stop losses on all trades; feel free to use them as well. At Option Genius, Allen does not enter stop-loss orders, but he does know when he wants to be out of a trade. Since he watches the trades daily it is better to not have an active order to exit because sometimes those orders do get filled even when you do not want them to.
I hope that answers your questions thoroughly. I am here to help with any other questions as they arise.
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