FAQ

Question: "Why are you offering this service when you can just trade and make all the money you want?"

Answer: "Aha! You've busted us! Humor aside, truth be told... because running this service helps keep us on our toes, helps keep us running the SlingShot Options system at our best because we have to perform for YOU.

We can get bored some times here and you, my new member and comrade are helping us trade better while we help you trade better. So we help each other ['potentially'] make lots of money. Your presence and patronage forces us to do our homework and peak perform for you. So thank you.

It's show time for us but also for you! You also need to perform as well. If you ignore our service and if we do not see enough testimonial success feedback we will keep upping our price until we have appreciative and attentive members who don't squander our extremely valuable trading signals service as already suggested by a very successful business man and marketer to us. "

Question: "How much time does it take to really and actually trade your system if I wanted to trade all of your trades?"

Answer: "You get new deals as they come... anywhere between 1 to 3 a month. But once you are in a profitable deal you need trail the stop loss! We send out trailing stop losses on a near daily basis for open positions so you can set trailing stop losses to lock in profits. Or if we get one of our extreme profit maximizer signals we'll email you the direct exit, what we plan to do.

Question: "How much money can I make with your service?"

Answer: "We are not allowed to answer that. But you can look at our performance record for our past performance and hope that we can continue good past performance or do better. And hope that you can follow that performance.

This is an advanced form of swing trading. I guess you could call it 'Sling Trading' - lol.

Another thing... Unless you already bank 6 to 7 figures a year in your options trading you probably don't understand or rather you probably have not already accepted the smart money management principles off "small fractional position sizing even bet trading money management principles. " Or in other words - you need to have smart money management principles to succeed (in any trading) or you can mess up the best of stock trading systems with options."

Question: "How much money does it take to get started trading options with your service?"

Answer: "Options contracts usually cost between $200 per contract and $800 per contract on the stocks we play, sometimes more and some times less. We do try and play options with as short of a time until expiration as possible."

MECHANICS OF THE SLING SHOT OPTION SERVICE

GROUPINGS of Stocks

a. We like to pair three types for maximum flexibility and a range in options prices: Fast High Priced Options (150 +) , Medium Speed High Price Options (70 to 150) and a Medium Speed / Medium Priced Movers (usually 30 to 70 priced stock.) all for the sake of maximizing returns. We will breakup into what we feel is the most well rounded blend of the the priced ranges of stock for our Silver Service. The GOLD Upgrade service has more high flyers and fast movers.

b. We can switch stocks within a group if we feel the life has been drained out of the stocks on the short or long term. But we will try to stay with the same stocks as much as possible.

2. YOUR INVOLVEMENT & ENTRIES:

a. We look to send updates after the market is closed. And most times would be able to set the order at night for the next day’s open. Understand that you will not receive an update every day for it is not necessary. Additionally we are not going to blabber, wax theoretical or clog your e-mail box with a lot of commentary all of which means very little to the execution of the slingshot options ratings system.

b. We are going to send you the trade set up according to the slingshot off system. We will include an entry point and a stop loss. Sometimes you may not receive any trade for over a week or more but don't panic! Trust us - you don't want to be doing non SlingShot Options trades so just wait for the setups!

c. Once the trade is entered we will follow that trade for maximum profit taking. We will look to take profits through our profit maximization system although if you do the deal you can feel free to take profits at any time! We'll look to e-mail you the trailing stop loss or a profit target as stock signals to us

d. We used advanced options orders called "contingent orders". Now you can trade our system without the use of contingent orders. But contingent orders make trading so much easier and so much more accurate. If you're options broker doesn't have contingent orders you may want to think of an account at www.optionsxpress.com or www.thinkorswim.com

e. Our e-mail alerts will be short and text based so you can easily receive them on your cell phone

f. We only provide trading signals. No mumbo jumbo commentary on the markets as a whole (although we're pretty good at forecasting the direction of the market). It's just a waste of time and counter productive to simply trading correctly. We've done market commentary and all sorts of other commentary and we've found that it just confuses users from executing trades correctly.

3. STOP LOSSES

a. We must use real stop losses. The easy way to set an accurate stoploss will be to use the contingent order for stoploss on our options position.

b. We will use trailing stop losses to help lock in profits

c. And sometimes will use limit orders to take maximum profits.

4. GAPS

a. Sometimes the slingshot momentum carries the stock into a gap the next day and We Will take gap trades unless the gap is extraordinary large (i.e. the time gaps you usually see after earnings announcements.)

5. FREQUENCY

a. The Signals can be frequent sometimes. And sometimes they take up too 2 even three weeks before writing a good swing or if the stock is locked sideways

b. Some signals may not trigger and that’s fine and good but most of our signals do. So keep in mind sometimes will put out a trade and the trade never triggers! That's fine

c. Sometimes we will need to quickly reverse position directions and you need to be aware that

6. Money Management - the way the trade options with slingshot options

a. Use small amounts, “even bets” per trade. When in doubt trade smaller! This is for your own profitability sake.

b. Spread the risk. Divide position sizes into tenths of your portfolio size allocated to trading options if you have a small account. Divide positions in to 5% position sizes if you have a larger account. So for example if you are starting out with a $10,000 account then at 5% risk (which is still pretty high) you would have a maximum options position size of $500. You really can't cheat or this just won't work out for you. If you start placing big bets on random trades and the trade doesn't work out you are going to take a big hit. If you take a big hit, even with a good options trading systems such as slingshot options, you're likely to make more mistakes. So keep it small and keep your position size the same small percentage every time no matter how big your account grows. (Actually you need to decrease your percentage position sizes to grow bigger).

7. Memberships

a. We will do 3 stocks per membership level. If you wish to have more opportunities to potentially make more money then upgrade to another subscription level.

8. Cancellation: Contact Clickbank from your original receipt to cancel.

9. Upgrade: If you wish to upgrade to more trades simply contact us.