How to Use Index Iron Condor, Directional Elliott Wave, and Sideways Calendar Options Trading Systems to Consistently Profit and Remove Fear of Loss! - Iron Condor System Updated for This Current September 2008 Market!

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Are you interested in verifying stock options trading systems that can return 20%, 30% or even 60% of your total account in 12 months?

Wouldn’t you feel more confident if you used a profitable options trading system in which you saw all of the candidate trades taken for the current market? The Iron Condor system has been updated to the September, 2008 market!  And saw its results were a net profit?

How would you react if you saw the all of the candidate trades taken for an options trading system that you just started to use now – and saw the real results were a net loss?

Would you rather ‘learn to fish’ and receive the detailed steps of a consistently profitable options trading systems so you can trade it yourself for only $27 for each system?  Or would you rather ‘just receive a fish’ and pay someone more than $27 a month in fees to spoon-feed you their recommended trades?

Wouldn’t you want to know those results?

I, Steven Burke, want to help fill the gap between Professional traders with years of hard earned experience (i.e., losses) and new and/or losing option traders who want to trade systems they can follow that are actually profitable in order to compensate for their lack of experience.

I spent over 1000 hours; yes, that’s right, over 1000 hours, learning the various options strategies, trade entry and exit techniques, risk management, position sizing, trading psychology issues as well as backtesting various combinations of common stock options trading systems – plus making scores of real trades using these precise systems. 

You will be shocked by the results!

Receive a FREE chapter on the SPX Iron Condor System by clicking here.  You can see the statistically significant set of real and backtested trades for this system in this free chapter. If you want to know the precise entry, adjustment, and exit rules plus more analysis, you can purchase the book for only $27.

I discovered the ULTIMATE REALITY of what the expected profits and losses for consistent stock options systems trading really are for our current crazy 2008 market.

 The key was to use Breakthrough Backtesting results and real trades to get a large enough sample set of trades for each system.

I stopped trading the systems that were net losers and increased my trading on the systems that were net winners!

My fear of loss and depression were replaced by realistic confidence.

If you trade options using directional or non-directional systems, then you need to know the expected results of these systems for our current market.

 

For only $27 each – that’s right – only $27 each, you can purchase one of three of the following special reports. Think about this price of $27. This is less than one month's fee for black box trade recommendations that competitors offer. $27 stands between you and the systematic confident trader you want to be. With a 30 day money-back guarantee, you have nothing to lose.   Each report has the following:

 

  • Detailed steps on how to use each system.  These systems require no subjective opinions.  Just follow the steps.
  • Backtested and real trade results of using as many candidate trades as possible that these common stock options trading systems recommended during 2005 – 2008 (2007 for Elliott Wave & Calendar). 
  • Analysis comments of each trade that reveal key lessons.
  • Return on investment (Profit or Loss) for all trades taken with each system for the whole 2005- 2008 (2007 for Elliott Wave & Calendar) time period.

 

  • Some of you may have detailed technical questions about how I conducted the backtesting analysis.  Visit the FAQ section below.

 

  • Here is a table of sample trades using the SPX Iron Condor system:

 

Expiration

40 days before expiration

SPX

SPX IV

SPX legs

SPX Credit

Profit

Comments

1/20/2006

12/12/2005

1260.0

12.0

1210/1190/ 1310/1330

300

300

Nothing much happened

2/17/2006

1/9/2006

1290.0

9.3

1250/1230/ 1330/1350

460

460

Nothing much happened – again

3/17/2006

2/6/2006

1265.0

11.0

1220/1200/ 1310/1330

405

140

Exited 3 days early because it came within 10 points of short call during expiration week

4/21/2006

3/13/2006

1284.0

10.5

1330/1350/ 1240/1220

390

390

Nothing happened much

5/19/2006

4/10/2006

1296.0

10.8

1340/1360/ 1250/1230

410

250

Exited one day early because it crashed to 1261 - almost 10 points within the short - by 1 point

 

 

Testimonies

Testimony from B.B. of Illinois after buying the Iron Condor System e-book: Since August, 2006 I've only had 1 losing month and it's not as near of large a loss as when I was doing covered calls, selling naked puts or doing stock splits.

 

Testimony from B.G. of Texas: I just want to say how much I have enjoyed your back testing reports. I have been successfully trading Iron Condors in 2007 on the NDX and RUT indexes earning 5% to 8% monthly. With my broker I am able to choose Bull Put and Bear Call spreads with very low delta's like .03 - .08. When I use their probability calculator the short and long option strikes are very close to and sometimes more than 2 standard deviations. I guess I am more conservative because I choose strikes 2 SD's away but it works. I have just started rolling up my Bull Put trades in the same month to collect additional credits. When I do this my monthly return gets close to 10% which is amazing.

 

 

 

What Will You Get?

 

For the cost of a pizza and Coke, you CAN learn to trade at least one stock option trading system that shows consistent reasonable profits. 

 

For only $27, you can choose to purchase from our secure server one of the following special reports

 

  1. A Non-Directional Iron Condor System that uses the S&P 500 index or the Russell 2000 index. 

·        This one is my favorite as no expensive software systems is needed – just a calculator or Microsoft Excel. 

·        It is also traded just once a month, so you don’t have to keep looking at it every day. 

·        However, the recent market corrections as well as prior bull runs did impact this system strongly enough to require adjustments to the system’s rules.  It is not a bad thing to keep your systems ‘living’ and adjust them to current market conditions. 

·        There is also a very important lesson concerning what happens in an open outcry trading pit like the SPX when there is a crashing day.  Because real trades were used as well as backtested trades, there are important lessons that backtesting alone does not reveal. 

CLICK HERE TO PURCHASE THIS ONE REPORT FOR $27

  1. A Directional Elliott Wave System That Has Precise Entry and Exit Rules. 

·        Every trade recommended by this system for 2005 to 2007 was backtested and several were really traded. 

·        If you use any type of Elliott Wave scanning commercial software, you need to know the expected results of trading with this system for our current 2005- 2007 market.

CLICK HERE TO PURCHASE THIS ONE REPORT FOR $27

 

  1. A Non-Directional Calendar System that also has precise entry and exit rules. 

·        Almost every trade recommended from 2005 to 2006 was backtested and several were really traded. 

·        If you use any type of option scanning commercial software tool that can filter stocks by implied volatility and their implied volatility skews, then you need to know the expected results for trading this way. Please note. To use this system, you will need options scanning software like Optionetics Platinum or OptionVue or other similar software that can scan stocks using Implied Volatility filters.  

·        There were important lessons learned during the recent market bear correction.   If you think this non-directional system suffered during this recent correction, you’ll be pleasantly surprised. 

·        This special report will even present results of filtering trades based on a measure used by Blackjack players to determine position size.  This additional filter reduces the amount of losing trades.

CLICK HERE TO PURCHASE THIS ONE REPORT FOR $27

 

OR CLICK HERE TO PURCHASE THE COMPLETE BOOK OF THESE THREE SYSTEMS PLUS A BONUS FOR ONLY $57!

 

Do you want to know the results of backtesting these common stock options trading systems?

·         This book is different.  It lists out the backtested and real trade results for our current market.  You can meditate on these trades and gain the confidence in trading with a realistic profit without risking your trading account until you feel ready.

·         You will place your trades without fear of having to watch the price screen all day.  You will enjoy life with a realistic expected return.

·         You will have any idealized vision of tripling or octupling your total account in a year replaced with REALITY!  There are profitable systems out there that can generate income in the long run.  They just may not be the ones you think. 

·         Unrealistic fantasies will be replaced by hard empirical facts of backtested and real trade results for a year or more using a statistically significant number of samples in our current 2005 - 2008 market! 

I wonder how quickly you are going to buy this book and stop trading at a net loss?

Do You Want to Spend Thousands of Dollars on Training, Software, or Advisory Services?

For the cost of a night out at the movies with your spouse or date, you can start trading with a set of three proven systems and use the right systems for the right market conditions.

 

Realize that if an outsider like me can do it, so can you!

Order this breakthrough backtesting results e-Book now from our secure order form and you can immediately learn those steps you need to take to renovate your trading to a profitable enterprise.

Your order uses the secure PayPal method and your credit card.  Then, after you make your payment, the e-Book will immediately be made available to you in Acrobat Reader PDF format immediately.  Start your journey to profitable options trading NOW!

 


 

 
            YES!  I want the e-Book How to Profit and Remove Rear of Loss by Using Breakthrough Backtesting Results of Three Common Stock Options Trading Systems delivered to me immediately.  I understand that the e-Book will present:

·         Backtested and real trade results of using as many candidate trades as possible that three common stock options trading systems recommended during 2005 - 2008.

·         Detailed steps on how to use each system

·         Analysis comments of each trade that reveal key lessons.

·         Return on investment (Profit or loss) for all trades taken with each system for the whole 2005- 2007 time period.

Some of you may have detailed technical questions about how I conducted the backtesting analysis.  Visit the FAQ section below.

·         Plus much more, including our:

o       BONUS system I created that relates the number of recommended stock trades that one of the systems shows for each day as compared to the Nasdaq stock index.  This one insight will save you thousands in reducing the amount of bad trades!

GUARANTEE

I understand that if I do not think the results and learning presented in this book will help me reduce losing trades and increase profitable trades, I can request a full 100% refund within eight weeks of purchase.  In my e-mail I will let you know why I am not satisfied and that I want a refund.

I authorize Perazzim Capital Management, Inc to charge my credit card the amount of $57.00 for the complete e-Book or $27.00 for each special report on a single trading system.

 

Click here to proceed to our secure order form.  Once you complete the purchase, you will be immediately given access to the eBook.

One of the key insights I discuss in the book is that your stock options trading system needs to be “in phase” with the overall market trend.  Therefore, I plan to make periodic updates to this book as time goes by in order to ensure the expected returns with each system match current market conditions.  I may decide to raise the book’s price to compensate for this extra work at any time.

Claim your copy today!  This book can be downloaded and read instantly on any computer with the free Acrobat Reader.

Some of you may have detailed technical questions about how I conducted the backtesting analysis.  Visit the FAQ section below.

P.S.  What will you do with the profits from trading a stock options trading system that has a known positive return?  Secure your order now.

P.P.S.  Become the confident winning trader you need to be now for less than the cost of your next single contract losing trade.  Think about that.  If you buy a $100 single contract call or put, and the trade goes against you so that you have to sell at a 50% stop loss, you just spent more than the cost of this book.  Take control of your trading by stop using systems that are net losers and start using options trading systems with positive profit expectancy.  Say yes to this offer.

© Perazzim Capital Management, Inc.

3225 McLeod Ave, Suite 100

Las Vegas, Nv 89121

steveburke776@hotmail.com

 

 

FREQUENTLY ASKED QUESTIONs

 

The following questions were asked by people interested in purchasing my book.  I believe they will help give you more technical details about the e-Book and the validity of the results.

 

1.  What is your historical data source?  Commercial source, collected on your own, frequency, etc.?

 

Here are the details of the three systems tested. 

 

    1.  I backtested an Elliott Wave system (wave 4 up and wave 4 down) using a commercial Elliott Wave scanning software tool with strict entry and exit criteria.  Their daily quote data is from a certain commercial quote data provider.  I, actually the tool, used the daily open, high, low, and close data.

    2.  I backtested a Calendar trade system that uses an commercial options scanning tool to scan stocks whose long term (>90 day) options were in the 'low' range of their implied volatility values for the year, whose front to back month implied volatility skew only ranged from … percent, etc.  The options scanning tool also supplied the historical options quotes.

    3.  I backtested an Iron Condor system using the SPX.  The same options scanning tool above was used again to get the historical options quotes for each trade for 2003, 2005 and 2006.

    4.  Please note that I actually placed a certain percentage of the trades covered in the book.  There are lessons that only real trading can reveal.

    5.  The purpose of the book was to help people who use non-subjective 'step-by-step' systems to select trades understand their expected return in our current 2005- 2008 market.

 

2.  Does your historical data source include de-listed securities (i.e., please address survivor bias that might exist in your data set and results).

 

    For the above systems, I do not think survivor bias is an issue.  For example, the Elliott Wave trades and the Calendar trades are usually no longer than 30 days.  If a certain stock made money during a certain month and is now de-listed, I don't think that adversely affects the overall results.  Those two systems scan all current stocks to see if they satisfy certain criteria.  It is the criteria that are important.  The SPX system just uses the SPX.  Companies have been added and removed from S&P 500 for the 2003-2006 (without 2004) time periods that I backtested.  However, these Iron Condors are also just for a month, so I do not think survivor bias impacts these like some multi-year index system.

   

 

3.  How did you model bid/ask spread (i.e., slippage) and transaction costs?

 

The Iron Condor trades are intended to be left until expiration.  I also listed two sets of returns.  One is if you did not shave 1/3 from the bid/ask spread (i.e., sold at the bid).  The other is if you did shave.

 

The Elliott Wave trade looked at ROI using stock prices - not option prices.  So the bid/ask spread is relatively negligible.  The Calendar trades had minimal if any shaving.  That is, I bought the calendar to open and sold to close using 'full price'.  You can certainly do better by shaving.

 

I did not include transaction costs.  However, I use a broker that charges only .75 cents for each option contract with no minimum.  We can quickly figure out the transaction costs of the Iron Condor system for 12 months.  Basically, there were 12 trades each year using 4 strikes per condor.  Most were left for expiration, etc.  The bottom line is that you might need to take $50 off of the yearly returns for a single contract trading system (my system uses a $2000 -$2500 margin per single condor.  The transaction costs using this broker are relatively negligible.

 

4.  Specifically, which strategies did you backtest?  Not interested in purchasing if I don't know specifically which strategies you studied.

 

As mentioned before, there is the Elliott Wave, Implied Volatility (IV)-based Calendar, and IV-based SPX Iron Condor that have precise entry and exit rules. 

 

5.  Did you use third party software for backtesting or did you write your own?  If you wrote your own, how did you validate your software?

 

As mentioned above, I used commercial Elliott Wave scanning tool for the directional system and a commercial options scanning tool to backtest the Calendar and Condor systems.  These commercially available tools have a large historical database of quotes that you can set the clock back to and test what would happen using your various systems.  I do not mention the names of these tools as it is the criteria in each system that is being validated against the current market – not the tools.  There are several other tools that I believe would return similar results in our current market.  Therefore, anyone who uses software tools to select option trades should read this e-Book.

 

6.  Does your study include actual trading of the strategies or only hypothetical trading results.

As mentioned above, there is a percent of each of the three systems that were real trades that I took.  The condor system has an important lesson that backtesting won't reveal - but I discuss in the book.  Basically, the SPX is still traded using an open outcry pit and there is a real big lesson people need to know if they are trying to close an order during a ‘crash’ day – even if they use a market order.

 

7.  What time-scales are the strategies you consider (I'm only interested in day level and higher).

 

Each system uses daily quotes and lasts about a month each - unless a stop loss criterion is met and you have to exit earlier.  This is not day-trading.

  

Please note that I just finished updating the book on the week of February 17th, 2007 to include trades for all of 2006.  The previous version of the book just went to the middle of 2006.  There are some important lessons to learn .  Therefore, so the lessons are hot off the press.

 

I hope this helps,

 

Steve 

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U.S. Government Required Disclaimer - Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the options markets. Don't trade with money you can't afford to lose. This book is neither a solicitation nor an offer to Buy/Sell options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this book. The past performance of any trading system or methodology is not necessarily indicative of future results.

 

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.  SINCE MOST OF THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY or INTRA-DAY PRICE SWINGS. BACKTESTED SYSTEMS IN GENERAL ARE ALSO SUBJECT THE BENEFIT OF HINDSIGHT. THE AUTHOR HAS TAKEN EXHAUSTIVE STEPS TO DETERMINE THE EXPECTED RETURN (PROFIT or LOSS) OF CERTAIN OPTIONS TRADING SYSTEMS.  HOWEVER, NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.