RESULTS
Some notes about trades:
The number of trades open at any one time can vary from zero, to 6 or so, depending on market conditions.
The percent of the account that is traded for one position can vary from 5% up to 25% or more.
Trades may stay open for as long as only a few minutes, to 8 weeks.
All options will expire in the month they are for. Example, September options expire in September. Usually the third Friday.
Most of the profit will be realized as the option nears its expiration, accelerating as it gets closer to expiration.
During Volatile or uncertain periods, there may be no trades on as we will be in cash.
During other times, especially during strong trends, as much as 100% of the account may be in positions.
Results Information:
The Results sheet is provided to give an idea of what the current track record is.
Commissions are NOT included, as they vary according to your account size, and your agreement with the Broker.
There may be some trades that are still open, and if shown will show “Pending” in red to indicate that they have not yet been closed.
A closing price for these “Pending” trades may be provided to give an idea of how the positions are doing at the time the information is provided.
An updated results page will normally be updated every weekend, but could go for a couple weeks before being updated.
DISCLAIMER:
Morning Star Investment Strategies does not endorse these trades or recommend them for trading. There is a risk for substantial losses trading securities and commodities. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities.