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| FREQUENTLY
ASKED QUESTIONS |
| Q: |
I'm
interested in signing up, however, like anything else,
I would like some proof of valid recommendations. Since
you do not provide free trials to the iTables, how
can I see some of your recommendations to evaluate
if they are actually legitimate for a full-time trader?
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| A: |
The
reason for us not offering free trials to the iTables
is to protect you - the customer. Since we can only accept
a limited number of subscribers to our Investment Tables
at any one time, we must exercise every effort possible
to minimize any unnecessary exposure to this information.
Prospective subscribers are encouraged to spend an adequate
amount of time at our Portfolio section
where they can view all Member information in a delayed
format, after which they can make an informed decision
as to whether this information is something that will
be useful to them. Full results, updated daily, can be
viewed by checking our Performance
History.
Although unfortunate and restrictive, these rules and limitations provide
us with a necessary degree of control over access to Member information,
reducing unwarranted exposure and further enhancing that information's
integrity and effectiveness to the benefit of those currently subscribed
to the Investment Tables.
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| Q: |
I
am having a difficult time entering a short position
for many stocks. Could you please recommend an online
broker who holds a large range of stocks available
for short sales, so that I can benefit from the short
recommendations on your site?
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| A: |
Shorting
stocks can be a little trickier, obviously since shares
have to be borrowed. You should never have too much
difficulty doing this unless there is an exchange restriction
placed on a particular security. As for finding a better
online brokerage, the general rule of thumb – the
bigger the online brokerage, the better your chances
are in borrowing stock shares for short sale. Most
brokerages that do not have the shares in-house to
lend you may be reluctant to borrow them from the exchanges
or simply do not have an efficient system set up for
doing this.
One possible work-around may be to reserve your shares for short sale
before the market opens, anytime prior to 9:30am ET. Do this by entering
an order, for example, to short sell 2000 ABC at $20 as a regular day
order (not extended hours). If the stock was trading and is currently
opening at about $15, your order will not be filled when regular trading
commences until you are ready and revise the execution price downward – the
important thing is you have your shares reserved for short sale when
you are ready. This can also be an effective work-around for the “down
tick” restriction placed on Nasdaq securities which comes into
effect once regular hours trading commences.
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| Q: |
I
tried to sign up for the Investment Tables, however
the iTables AccessGroup I am interested in is showing "N/A" and
the form will not let me activate my account for
access?
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| A: |
The
DayTrade and ShortTerm AccessGroups
may not be available at all times, and will depend
on the amount of activity that may be present for those
Investment Tables. Access to the Investment Tables
is limited. When the desired group is unavailable (denoted
with N/A), interested users should create an
account and check back via the Account Status screen
at the beginning of each week for availability. All
active accounts will expire on a Sunday after which
time subscriber usage is re-calculated. Restricted
AccessGroups that become available as the result of
an expired account will be accessible after 11:59 PM
ET on Sundays.
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| Q: |
What
do you mean by "limited access to the iTables".
If I am subscribed do I not automatically have full
access to my iTables?
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| A: |
What
we mean by limited number of users is that we can allow
only a certain amount of people access to the day trade
tables, or maybe better put – the day trade tables
have sufficient liquidity to support a predetermined
amount of Members. Of course all Day Trade and Short
Term Members have full access to their tables, but
once again, we limit Membership strictly due to liquidity.
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| Q: |
Do
you provide Entry/Exit points?
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| A: |
No
we do not. Many recognized market Guru’s will
often have a difficult enough time telling you which
way the market will trend on most days, yet some “advisers” go
so far as to tell you at exactly which price to enter
and exit a position? We have discovered that target
prices and waiting for them are an exercise in futility,
where most of your trading activity is spent waiting.
We feel that TIMING is the key (Timing indicators are
provided via MarketMeterPRO), and by providing our
Members with high quality recommendations that on average
perform well based solely on their OPEN and CLOSING
trades, leaves a significant potential for day traders
to accomplish with optimum timing for entry and exit
and taking advantage of intra-day valuations.
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| Q: |
In
Performance History, what are your "Alternate
Tables" showing? How are they different from
the main tables?
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| A: |
For
every Investment Cycle (DAY for Day Traders and WEEK
for Short Term investors) we provide both LONG and
SHORT recommendations (tables). The optimum (primary)
table is determined via the reading on the MarketMeter.
For example, Day Traders would use the Intra-Day gauge
of the MarketMeter to determine if they should focus
on the LONG or SHORT day trade tables. All our final
results are based on the tables as indicated by the
MarketMeter. If the MarketMeter is indicating negative
momentum for the day, then the SHORT tables become
the primary tables, and the LONG tables become the
alternates and their use is left to the discretion
of the trader.
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| Q: |
I
exited my LONG positions in the ShortTerm tables
at the close today (the 4th day), but the results
you published show that you exited near the open?
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| A: |
Optimum
exit for Short Term Investors is determined via the
Intra-Day gauge of the MarketMeter, specifically its
reading on the 4th and final day of the cycle. Generally,
if the 2 gauges, Intra-day and Short Term, are not
in sync with one indicating UP and the other indicating
DOWN, Investors should exit their positions closer
to the day's OPEN, rather then CLOSE as would be the
case if the gauges were in sync.
The same methodology would apply for entering a Short Term position on
the first day of the cycle - when in sync enter at the start of the day,
and when not in sync towards the end.
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| Q: |
At
what time in the morning are the iTables first available?
I need to have some time to research the posted stocks
(to check news, etc.)?
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| A: |
The
tables are posted usually by 4am ET for the current
day. As you research your investments in the evening,
so does our primary system, and carries through well
into the morning. The problem for Day Traders with
researching their stocks in the evening is that, as
much as one may get a ‘feel’ for a certain
stock for the next day, things can change overnight.
The best thing, if possible, is to do your research
early in the morning, about 1-2 hours prior to market
open. If you follow the tables, you will see that there
really is only one thing to watch out for - early morning
media. If any media of substantial importance is released,
this can on the rare occasion influence the market
as a whole and reverse its momentum entirely. If there
is no substantive media, then there is an extremely
good chance the market will play its course, based
on momentum. The only thing left to watch for now is
substantive media for the individual recommendations
within the tables. Again same idea but a little easier,
you don’t have to try and determine whether that
media is good or bad for the particular security (i.e.
price will go up or down), if the event is significant
enough - simply move on to the next security. Even
when you are sure of whether it is good or bad, it
probably is not of much help to you. If it is bad,
the stock may drop so sharply at open, there will be
nothing left for you to short, and vice-versa for good
news
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