Also, your pricing seems quite steep ... just curious how many active users you have and revenue / month? (a single user on your monthly package gets you too $500! :))
Also, your pricing seems quite steep ... just curious how many active users you have and revenue / month? (a single user on your monthly package gets you too $500! :))
The subscriptions are growing, also I think I will raise it to $1,500 soon as I don't want too many clients ;) I've noticed the people who pay the $500 right away are happy, the ones asking for a discount drain too much time and cause this to be a real business. It's only $250 the first month, then $500 after that. Many people do the $250, then cancel, but really, the people who cancel are the ones who don't get into all the trades/are just curious.
Most the other services charge $99 or something, but they aren't half as good as me also they get into hundreds and thousands of trades. Mine can be done by someone at work that's the big part. The following the plans is rather easy because I tell the customers something like, if AAPL crosses $220, but the Jan 2019 $220 Options. Then an alert gets sent to Discord when I get in, so either they can setup a conditional order, or wait for my order to execute. At the start, I was not posting my exits, now I am posting my exits, so it can be easier for people and that's making the retention/marketing huge because most the other competitors don't get into all their trades, that's what makes me unique.
The one negative right now, I don't have my stats posted as to the win/loss rate to make people believe, however, I have a plan for January 1.
The part that is really flying is the "account management for larger accounts" as I have gotten people out of a few bad stocks and into a few more great stocks. I just don't know how to automate this and I am not sure which way it's going to grow, i.e. people will want to deposit in my account, or want me to trade from their account, plus I'm not licensed so I might be doing a CSC soon.
$SPY to $300 this year.
There are lots of ways to beat the market, many people are doing it, you can look in /r/algotrading on reddit as there some good discussions there if you are interested in getting started. The easy part is the implementing the strategy, the hard part is coming up with one. You can look into the Wheel Strategy as well if you own stocks.
You can look at our Discord, it's open until Wednesday. There are a few historical entries/plans/exits [1].
He posts about Wheel Strategies a lot.