What's a good place to put 10K for 10 months?

[AbeSmith]

	Quote:	thrunner
	No disrespect to TG, but from personal experience I would be careful with TOS (Thinkorswim). They are a brokerage that can autotrade based on signals from about 50 newsletters, not all of them reputable. There is no good, easy and independent way to find out which newsletter is profitable. Their autotrade system is also buggy and hard to use when I tried it last year. Some trades which I decided to exit manually was not exited completely in autotrading, so that I ended up net short or net long on what I thought was a flat position. I suspect they also have a conflict of interest with most newsletters in that they may provide lower cost or free trades and other benefits to the principals of such newsletter. In return, perhaps some newsletters tend to have a lot of autotrade signals and generate autotrading commissions for TOS. They also use a simulated stop in their platform, as many brokerages do, so that on rare occasions you get stopped out when the exchange data do not support that stop out. To top it off, they also got my W9 TIN number wrong, so now I have to file another. I am no longer with TOS. Good luck with your endeavor.

Thanks for the input thrunner

[TinGull]

Options can be very difficult to grasp at first. I've been at it for over 2 years and still know there's TONS of stuff i don't know. I love learning though, and will always continue on with options. So...yes, it's difficult at first to grasp. That's why I say to look into an autotrade service. On their website is a list of services you can subscribe to and have ToS autotrade those recommendations for you if you choose. If you're looking for a way to gain 10% in 10 months on 10k...I don't know that the possibilities are limitless, ya know. It'll be tough, but plenty of people out there can do it and do make that. Just a matter of finding them. Talk with ToS and see what they have to say. Cant hurt just talking to them, right?

[thrunner]

	Quote:	TinGull
	their website is a list of services you can subscribe to and have ToS autotrade those recommendations for you if you choose

Thanks for the info TG, I was wondering if you could provide a list or even one newsletter or service, including the fees, that you have positive experience. The difficulty for the OP would certainly be choosing the right one and factor in the fees. For example, a newsletter could charge $1000 per year, so even with 10% return in a year, with newsletter fees and commissions, you may end up with zero gain or even losses for a 10K account.
The problem with TOS in my opinion is that they don't screen the list of services as far as I can see:

	Quote:
	THINKORSWIM DOES NOT REVIEW TRADE ADVISORS EXPERIENCE, CREDENTIALS, PERFORMANCE OR ANY OTHER FACTORS RELATING TO THE TRADE ADVISORY SERVICES OR QUALIFICATIONS. THINKORSWIM DOES NOT RATE, RANK OR ENDORSE ANY OF THE TRADE ADVISORY SERVICES IN THE AUTOTRADE PROGRAM

There are other autotrading services that attempt to do some performance evaluation: eg., attaincapital or collective2
I am not going to link them because I am not really advocating either or any of these services. I am just trying to point out the pitfalls of autotrading. If the OP would like to know which TOS autotrade newsletter to avoid, please PM me.

[brownsfan019]

I'll gladly give one to avoid - BIGTRENDS.COM

No idea if they are on TOS or not, but they suck.




I'll have to write up a review sometime here to hopefully save a few souls from my mistakes.

[TinGull]

The Redoption one is a letter I get a daily recap of, and the trades that he talks about that he's stalking and then ones he gets stopped out of and all that...very nice trades. Any others I don't have experience with.

[AbeSmith]

	Quote:	TinGull
	Options can be very difficult to grasp at first. I've been at it for over 2 years and still know there's TONS of stuff i don't know. I love learning though, and will always continue on with options. So...yes, it's difficult at first to grasp. That's why I say to look into an autotrade service. On their website is a list of services you can subscribe to and have ToS autotrade those recommendations for you if you choose. If you're looking for a way to gain 10% in 10 months on 10k...I don't know that the possibilities are limitless, ya know. It'll be tough, but plenty of people out there can do it and do make that. Just a matter of finding them. Talk with ToS and see what they have to say. Cant hurt just talking to them, right?

Ok. Thanks. Yeah. Them options seem very complicated.

[AbeSmith]

	Quote:	brownsfan019
	I'll gladly give one to avoid - BIGTRENDS.COM No idea if they are on TOS or not, but they suck. I'll have to write up a review sometime here to hopefully save a few souls from my mistakes.

Ok. Thanks Brownsfan. What about Guerilla Trades?

[AbeSmith]

	Quote:	thrunner
	Thanks for the info TG, I was wondering if you could provide a list or even one newsletter or service, including the fees, that you have positive experience. The difficulty for the OP would certainly be choosing the right one and factor in the fees. For example, a newsletter could charge $1000 per year, so even with 10% return in a year, with newsletter fees and commissions, you may end up with zero gain or even losses for a 10K account. The problem with TOS in my opinion is that they don't screen the list of services as far as I can see: There are other autotrading services that attempt to do some performance evaluation: eg., attaincapital or collective2 I am not going to link them because I am not really advocating either or any of these services. I am just trying to point out the pitfalls of autotrading. If the OP would like to know which TOS autotrade newsletter to avoid, please PM me.

Thanks for the info thrunner. Do you have any experience with Guerilla Trades? They seem to be well known.

[thrunner]

I have no experience with Guerilla Trades, but I would avoid number 11 on that list of newsletters on TOS. Redoption is number 1 and TG is good with that. BF's avoid is number 5 on that list. BTW, Redoption is at least partially owned by TOS, so may be they are more reputable than the others, and may be that is why they are number 1 on the list

[TinGull]

REdOption is wholly owned by ToS i believe.