Posted on March 10th, 2008 by
Mojo
Regarding the upcoming seminar, I received this testimonial this morning. It reminds me why, even in the heat of battle, its always good to help out others. Take a look:
Learning trading from Mojo is an incredible experience. His depth of knowledge is vast, and he can explain it to you in language you can understand.
Mojo teaches from experience - he explains in depth his successful and failed trades. You learn both what to do, and what NOT to do.
I never thought I would understand the stock market, let alone options trading. Mojo has opened up exciting new possibilities for me. His entertaining and enthusiastic teaching style is combined with his incredible depth of knowledge. He can explain complex things in a way you can understand. He teaches real strategies that fit a variety of trading personalities. I am by nature a conservative trader, and he has taught me techniques that have given me the solid, high-probability returns I am looking for.
-T. Scarborough
Thanks man! I really appreciate it,
Mojo
Share This
If you enjoyed this post, make sure you Subscribe to Insane Money by Email
Posted on July 13th, 2007 by
Mojo
If you are option trading you should definately take a look at Think or Swim (http://www.thinkorswim.com). Its a strange name for a great company that specializes in option trading.
I have traded options with OptionsXpress, TradeKing, Tradestation, and finally Think or Swim. I’m moving all of my accounts over to Think or Swim. Here are the big reasons:
1) They use a platform independant desktop application that has an awesome collection of tools. In addition to that, because the application is local you don’t need a huge data pipe to trade. I’ve used it at 26.6K dialup, BGAN, satellite, and cell without any problems. Very nice!
2) You aren’t forced to use the desktop app, you can also use their web interface or their mobile interface. Lots and lots of flexibility.
3) They do a great job of encouraging traders to not trade at the natural bid / ask prices but to shave the market makers profit and put more money in your pocket. Several times in the past 30 days I have made an extra $200 to $300 because of this.
4) Unlike other brokers they really care about the success of their students and want you to be profitable. They offer tons of educational classes and seminar that are very reasonably priced.
AND HERE’S THE BIG ONE:
Today I bought a long call on WYNN Sept 80 for a debit of 19.50. As a standard operating procedure I would put on a stop loss at 10% below the purchase price. So I entered my order to sell GTC at 17.60. Within a few minutes it was canceled and I got a call from Think or Swim. They said, “We think you may have made a mistake entering that GTC order. Did you mean for it to be a limit or a stop loss?”
Sure enough, I had screwed up the order and they saw it and fixed it. That one act alone saved me thousands of dollars.
That’s FANTASTIC customer service!!! Great job fellows!
Mojo
Read the rest of this entry »
Share This
If you enjoyed this post, make sure you Subscribe to Insane Money by Email
