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« Subscribers Enjoy Trading Profits Despite Market Turmoil | Main | Markets Plummet But SK OptionTrader Gains 8.38% for the Day! »
Wednesday
Aug102011

As Markets Tumble Today, SK OptionTrader is up 8.77%!

Markets took another tumble today with the S&P 500 losing 4.42%, in Europe the DAX lost 5.13% and even commodities like copper were down 3.95%. However there was something to smile about for SK OptionTrader subscribers today, with our model portfolio gaining 8.77% on the day.

 

 

There were bright spots today in safe haven assets such as gold which was up 2.16% for the day, but SK OptionTrader vastly outperformed even those safe haven assets with a gain of 8.77%.

As a reminder, on Monday when the markets plunged SK OptionTrader’s model portfolio was up 8.38%.

We think this is both a testament to the trading approach of our service and the versatility of options as a trading instrument.

In the interest of full disclosure, we currently have 8 open trades, each showing an average gain of 78.41% since they were opened.

To find how we managed to profit despite the turmoil in the financial markets, all you need to is subscribe for just $199. This is not a lot of money in the grand scheme of things. If you had just $5000 invested in the S&P 500 you would have lost that much just today. However if you had invested that $5000 in accordance with the SK OptionTrader portfolio you would have more than covered your subscription fee in a single day.

A $10,000 portfolio invested in accordance with SK OptionTrader’s model portfolio would have been up $877 today, paying for a six month subscription more than four times over and an annual subscription more than twice over – in just one day!

2011 has been a tough year for the financial markets, with even some of the top hedge funds losing massive amounts. However in 2011 SK OptionTrader’s trading portfolio is up over 60%.

We provide our subscribers with simple straight forward trading signals as well as market updates and commentary on the market situation.

Other key stats on the performance of SK OptionTrader are as follows:

Our model portfolio is up 338.11% since inception That's an annualized return of 117.00% We have an average return of 40.41% per trade including losses We have closed 81 trades, 78 closed at a profit The average trade is open for 46.27 days

Our full trading record is available to view on our website www.skoptionstrading.com

For those subscribers who are too busy to trade their own accounts we are now able to offer an Autotrading program with our SK OptionTrader service, as we are pleased to announce that we have entered into a partnership with Global AutoTrading and therefore auto trading is now available for SK OptionTrader signals.

 

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