Frequently Asked Questions
Q. Does Auto Trade cost extra?
A. No. There is no additional charge from us to use any of our subscriptions with your autotrade brokerage account.
Auto trade is a function of the broker and not us, please contact your broker
with questions regarding
Q. How do I receive the trading services, such as new trade recommendations
and updates?
A. All services are emailed directly to Members.
Q. Can the programs be used for an IRA account?
A. Yes, with the exception of Naked Options.
Q. What is the maximum number of positions open in each servie?
A. Keep in mind the number of open positions for each service will vary with market conditions.
Additionally, it is not necessary to trade each position.
For example: The Spread Trader may
have as many as 7 positions open at any one time. However, you don't need to trade every one
of them.
Spread Trader = 7
Naked Option = 7
Covered Call = 10
Option Lock = 3
E-Mini Futures = 5
Forex = 3
Presidents Club = 15
Taking Profits = 7
5 Star Swing = 3
Q. How much money should be allocated to each position?
A.
The minimum amount of capital per position should be:
Spread Trader = $2,000.00
Naked Option = $2,000.00
Covered Call = $5,000.00
Option Lock = $1,000.00
E-Mini Futures = $1,000.00
Forex Trader b= $500.00
Presidents Club = $5,000.00
Taking Profits = $5,000.00
5 Star Swing = $5,000.00
Q. How do I cancel my membership?
A. Please follow these easy steps to insure your subscriptions are canceled according to your specific request as it's required for us to know specifically which subscriptions are to be canceled. Canceling one subscription will not automatically cancel any other subscription(s). Email is the only acceptable method for canceling subscriptions. Please do not call the order line to cancel.
1. Email takingprofits@takingprofits.com
2. Include your full name = First and Last Name.
3. Specify the name of the subscriptions you want canceled.
4. Cancellation MUST be received a minimum of three (3) days before the renewal date in order
to insure subscription is not renewed.
5. Confirmation of cancellation for specified subscriptions is issued within 72 hours of submitting.
Services will cease
during the current subscription cycle.
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Call our Order line @ 1-862-812-2440