I have been trading for quite a few years and in good years made about 25%. After joining PSW, I followed closely the PSW strategy and my trading profit for this year is close to 70% to date. For fun, I like to mix in a few \"Hail Mary\" plays that really worked out well, but overall the simpler Buy/Write strategy, as presented by Phil so often, created the majority of the profit.
- Gel1, Nov 24, 2009
Brilliant covering of the arcane, the profane , but never the mundane! Easy to understand the reason for your huge following, Phil, and why you have become a must read on my daily agenda. Please accept my complete appreciation.
- Seeking Truth, Nov 24, 2009
You guys gotta give it to phil–the voice of reason yesterday, last nite and this morning.
- Corleone, Apr 22, 2009
I have learned more about options in the past 2 weeks as a full PSW member that the previous 5 yrs of making more bad than good option plays. The educational material alone is worth several times the price of admission. I have had an expensive education on what not to do- what is past is past- I am looking forward to profitable/fun future.
- Pstas, Apr 7, 2009
Simply the best blogger with the greatest group of members a person could surround himself with on trading day. I've been trading for quite some time now and the insights & suggestions offered by Phil and the members keep me on a continuous learning cycle.
- DDay, Mar 21, 2009
I have been with this site since the beginning and i have learned more the past 3 years than the previous 10. Information and great commentary are abound. The traders on the site are second to none and my portfolio has benefited greatly.
- Kustomz, Mar 21, 2009
Fed days are fun! Just for grins I decided to see how much money I could make in two clicks. I bought DIA calls right when the surge started and then sold them the minute they hit my account. Net gain of 20% in 20 seconds. Can't do that very often…
- MrMocha, Mar 18, 2009
Wow, Phil, we pretty much made your levels. Your levels: Dow 7,404, S&P 775, Nas 1,466, NYSE 4,839 and RUT 402 My sceen is showing: Dow 7,404, S&P 777, Nas 1,462, NYSE 4,868 and RUT 404
- Jordan, Mar 17, 2009
Thanks for your thoughts against buying BP ahead of earnings (yesterdays' member comments). It announced a loss of $3.3b and is down 3% in pre-market but still just above the bottom of the chaneel of $40-$50.
- mSquare, Feb 3, 2009
Peter D: great write-up for Short Strangles, Part 1, looking forward to Part 2, particularly the adjustment part.
- RMM, Jan 16, 2009
Premium Membership Package Full, immediate access to our site and all live comment threads. Access to all live trade ideas and alerts (Phil Davis, Oxen Group and Optrader). Access to all stock lists and portfolios and Email newsletter. Ability to participate fully in live, real-time, intra-day chat to with our authors and top traders, giving you the ability to discuss trades in progress and take part in the discussions that often lead up to trades being made! This is the ideal package for active traders looking for promising ideas and better risk-management techniques. You will have the ability to directly discuss trading ideas with Phil and OpTrader on most market days along with full access to the educational section and all archives, where we emphasize risk management and teach our members how to make winning trades and even how to turn losing trade back into winners. Monthly ($249) Quarterly ($699) Annual ($2,499)
Basic Membership Package Access to posts without 48-hour delay. Ability to read selected intra-day comments on a delayed basis and members only posts and Email newsletter. Limited chat and comment ability. Access to selected trade ideas for Basic Members by both Phil and OpTrader, whose Swing Trade Portfolio takes advantage of short-term stock movements over periods of a couple of days to a couple of weeks. You will also have limited access to Oxen Group Alerts (day trading focus) and access to Oxen's trading education along with other articles in our educational section and archives. Designed for beginning traders and people looking to "test-drive" the site. Monthly ($149) Quarterly ($399) Annual ($1,499)
PSW Report Membership Package Access to non-exclusive posts without 48-hour delay. Ability to make comments (will be held for moderation). Ability to receive Email Newsletter content and special mailings for members. Access to general Member Alerts and special offers. Ability to earn referral discount credits. You can also read Comments and Trade Ideas between 7 and 30 days old to get a feel for what the Premium Members experience live every day. Monthly ($29) Annual ($199)
Alerts memberships to receive exclusive Phil or OpTrader alerts are available for Basic and Report members after signup. Alert memberships are included in Premium membership packages.
* Denotes a required field