10 Percent Per Month

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146 Comments on "10 Percent Per Month"

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serious_trades
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-2
serious_trades
May 11, 2013 5:01 am
Roughly 3 weeks before expiration 10ppm will look for bear call spread or bull put spread depending on which options bring the higher premium. At the time being, as the market is rising, mainly bear call spreads are interesting. Therefore they open systematically bear call spreads since the beginning of the year, thus fighting against the market uptrend. After a couple of days they then try (and rarely succeed) to open bull put spreads to form iron condors. They justify their opening of the bear call spreads by “the market is overbought”. Based on which criteria they consider the market… Read more »
davidg29
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0
davidg29
June 27, 2013 2:00 am
I’ve been with 10PPM for years and have experienced excellent returns! There are losing months but they are well managed and expected in trading. Those that complain about losing trades were probably with the service for a short time and during that time a loss may have occurred. Sounds like they just have bad luck to me. Investing is a long-term goal and my portfolio has grown tremendously with 10PPM over the years! I use thinkorswim as my broker and they charge less than what Akiva stated. 10PPM has a discounted rate with thinkorswim ($4.95 per leg + $0.65 per… Read more »
David
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0
David
February 4, 2016 11:26 pm

Thanks for the info. But I’m still unsure if this real. Could I get more info

incometrader
Member
0
incometrader
July 17, 2013 1:47 pm

Pro-Trading-Profits is an independent website tracking the strategies of 300+ newsletters and advisories. This is what PTP shows for 10ppm:

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 0.5% -11.9% 1.2% 0.7% 8.2% -7.2% 4.8% 2.4% 9.9% 9.0% 7.6% 5.9%
2012 -0.1% -9.6% 6.7% 5.3% -2.0% 4.2% 6.4% 5.6% -16.2% 5.0% 4.5% 2.3%
2013 4.6% 6.6% -15.4% 1.6% -26.3% -3.1%

Those are real results. For 2013, it shows YTD return of -31.6%, including two big losing months in March and May. Someone who joined in March 2013 would be currently down around 50% (on the whole account).

tandy
Member
0
tandy
August 3, 2013 1:18 pm

Those are definitely NOT real results that you show there. Mine mirror the numbers that 10PPM has on their performance records, less commissions of course. It doesn’t even sound like you’re a subscriber so not sure why you are even rating the service. Is that allowed? For someone to rate a service they never used?

10PPM has been great to me and it will be for any new investors! Send them an email if you have questions. They will dispel any myths one may be “persuaded” to believe.

jasonz1968
Member
0
jasonz1968
August 15, 2013 1:41 am

Member for over 2 years now and 10PPM is by far the best newsletter out there. Trades are great, customer service is exceptional and risk management is perfect! A great service worth every penny!!

kapga
Member
0
kapga
August 20, 2013 4:37 am

service very good
trades are profitable
customer service great
awesome results for the price you pay

jake84
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0
jake84
September 12, 2013 4:03 am

Total newbie to options trading and these guys have helped me out tremendously! They’ve answered all of my annoying/rookie questions with unmatched professionalism. They walked me through setting up an account and instructed me on how to set up autotrade through my broker. My account has seen excellent gains since I autotraded with them and I couldn’t be happier! A++++++ service!!!!!!

tsabo
Member
0
tsabo
September 21, 2013 1:16 pm
Been autotrading with this service for a few months and am very impressed with their loss management abilities. They have strict rules that they follow precisely, protecting my capital and limiting losses. For September, they had to close one position down to limit the losses. Of course, the markets turned around right after it was closed so if they didn’t do anything, it would have been fine. I’m not upset about that at all. In fact, it displays their commitment to protect capital and follow trading rules. That’s the most important factor when selecting a newsletter service. Even though they… Read more »
frankyt
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0
frankyt
December 24, 2013 12:52 pm

Expiration was last week and this service came through with 4 more winning trades! They pulled in over 10% for December and the timing couldn’t be better… Merry Xmas!!

twing
Member
0
twing
February 24, 2014 3:32 pm

Another great month from 10PPM!! Nearly an 11% gain and there was NO STRESS at all! Everything went smoothly and their staff were keeping subscribers updated with the markets and how our positions were faring.

kl0582
Member
0
kl0582
March 24, 2014 3:31 pm

Been with 10PPM for 4 months and each month has been great! Over this time, I’ve earned over 40% with their trades. I haven’t had a losing month with them yet but based on their performance, they seem to be very well managed. My gross returns match exactly what they have on their site so I have no reason to believe what they have on there is any different. The service keeps the members apprised of current positions and the goings-on in the market. Great service!

tcut
Member
0
tcut
March 25, 2014 6:39 pm

Please post whether or not you’re autotrading and what brokerage you’re using. I find these glowing reviews hard to believe given my poor results (actual net much, much worse than “profits” shown on 10PPM) over a year using Tradeking for autotrading. So, provide details and convince me!

malden
Member
0
malden
May 29, 2014 4:07 pm
The first sentences on the 10PPM Performance page are “Results DO NOT include commission costs as this would vary for each person. Percentages are an average of each position opened for that month.” so I’m not sure why David R is claiming that the returns are false or expecting the returns to augment his entire portfolio balance. David R’s math is also incorrect for someone claiming to use “real math”. He uses $15k for 3 trades but calculates 4 trades for commissions. Instead of 300 contracts, it’s actually 225 (75 contracts X 3). Using his commission fee example, that comes… Read more »
kl0582
Member
0
kl0582
June 2, 2014 4:17 am
At the time of my last review, I earned 4 monthly returns of 10.5%, 8.9%, 10.8%, and 10.1%, for a total of 40.3%. After 2 more months, you can add 1.3% and 8.0% bringing the total return to 49.6% in 6 months! I did not include commission costs in those figures but they don’t make that much of a difference. Besides, who can complain about earning nearly 50% in 6 months!?! My first review did not include any losing trades and I couldn’t speak for them at that time. There was a losing trade in April 2014 and after seeing… Read more »
crome67dome
Member
0
crome67dome
June 10, 2014 4:57 pm
PTP’s numbers don’t match because they don’t know what they’re doing. I’ve used them in the past concurrently with 3 different newsletters and can honestly confirm that the numbers they publish are nowhere near being accurate. In April 2014, 10PPM had one losing trade out of four and pulled in only 1.3% for the month. Somehow, PTP shows a gain of 6.9%. How can that be? Simple, PTP makes it up. I’ve been with 10PPM since 2009. They did have a meltdown in May 2010 but replaced that trade team with another. They also changed some exit strategies and the… Read more »
wakey
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0
wakey
June 10, 2014 6:00 pm
2 and a half years with 10PPM now and I couldn’t be happier. Losses are few and are managed professionally. Per another reviewer’s suggestion, I looked up pro-trading-profit’s numbers to compare with 10PPM and they don’t make sense. 10PPM had a small gain in April (1.3%) but pro-trading shows a gain of 6.9%. I asked pro-trading how they make calculations but they never answered. I also asked 10PPM about pro-trading and they informed me that they do not send them any trade details whatsoever. If 10PPM doesn’t send them any data, what is pro-trading posting? 10PPM is a legit service.… Read more »
cjsmart
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0
cjsmart
June 16, 2014 7:43 pm
I’ll keep this short and to the point. 10PPM is consistent and very profitable. Win ratio is about 95% for 2014. Losses do happen, as with all trading, but they are minimized professionally. Commissions have a very small impact on net returns… nothing to worry about. Currently on an 8 month win streak but don’t let that stop you from joining. They’ve had a 16 month win streak before. All emails are answered promptly and they are straightforward with their answers… no sugar coating or deflective responses. If you want a professional service to autotrade, THIS is it. I’ve tried… Read more »
tcut
Member
0
tcut
June 17, 2014 1:22 pm

Over a year ago, I asked someone, anyone to post the actual brokerage they used to autotrade 10PPM. Not one of the people praising 10PPM has done that. I repeat: Please convince me by posting what brokerage you used to get your terrific autotrade results using 10PPM. My personal experiment of using real money ($20k) for just over a year to autotrade via Tradeking resulted in a net loss. It’s that simple. Commissions, even Tradeking’s supposedly low ones, add up big time given the way these trades are broken down for commission purposes.

cjsmart
Member
0
cjsmart
June 18, 2014 7:51 pm
Anyone who pays $1 per contract is paying too much and the 1 contract example David R is using is VERY unrealistic. If you use just a couple thousand to trade options, most of your profits will go to the broker due to the per contract structure. If you don’t have at least $5000 for condors, don’t bother trading options, stick with stocks. I use Think or Swim and you can have them match a competitor’s rate. I had them match TradeKing which is currently $0.65 per contract plus $4.95 per order. I currently use about $8000 per trade. This… Read more »
jozsika
Irregular
8
jozsika
September 10, 2016 4:21 pm

Your numbers are not correct, so I wonder if you are a real subscriber to the service. Maybe you are, but didn’t look at your actual account statement.

The cost of the negotiated trade is $4.95/leg and not $4.95/trade.

And incidentally: I haven’t seen on their website $0.20 spreads. More like $0.11 or so. Sure, for a condor it is double, but it is rare.

And of course you need to add to the cost the $125 subscription fee.

cjsmart
Member
0
cjsmart
June 19, 2014 5:40 pm

Great service and great returns! 4 more trades about to expire as winners tomorrow.

malden
Member
0
malden
June 19, 2014 7:12 pm
10PPM uses a conservative strategy with regards to options trading. They get about $0.20 for a $2 spread which has a 85% or greater chance of being a winning trade. People could sell spreads for higher credits which will reduce the impact of commission fees but they will be increasing the level of risk. Just collecting $0.40 instead of $0.20 would turn a 85% trade into 60%, closer to a coin toss. Those trades would have to be closed more often which would increase commission fees. I would rather take a conservative trade with a much higher chance of winning… Read more »
davidg29
Member
0
davidg29
June 20, 2014 5:32 pm

Another winning month, 9 in a row. Thanks 10PPM! (member since 2008)

tandy
Member
0
tandy
June 20, 2014 6:47 pm
I use Eoption as my broker. They charge only $3.00 an order plus $0.10 a contract. An $8000 condor trade only costs me $22. A 10% return nets me $778 or 9.7%. 10PPM has no control over commission fees and people need to focus on their performance, not how much a 3rd party collects. If commission fees by your broker are too high, find another broker. Comparing this service to others that failed is an unfair assumption and not an actual review of 10PPM. With that thinking, since Bear Stearns failed, nobody should use Chase, Wells Fargo, Bank of America… Read more »
jake84
Member
0
jake84
June 20, 2014 9:40 pm
I haven’t lost a single night of sleep with this service! Most of the trades are timed perfectly and are hardly ever in trouble. On the occasional losing trade, they act fast and close it down to keep losses under control. More importantly, I don’t have to stress over the trade, allowing me to sleep peacefully at night and avoid growing more gray hairs. During their June 2014 trades, they displayed legendary patience and only opened them when the opportunity was there. As usual, the trades went off without a hitch and they all expired worthless for an average gain… Read more »
markkadlick
Member
-1
markkadlick
June 21, 2014 1:02 am
Before joining this service, I read the reviews but was a skeptic. After 6 months of trades, I’ve decided to share my experience and can proudly say that all skepticism is gone. I have complete faith in their system. Most months had no problems at all, like this past June. During some months, the market would move against a trade but they would keep us updated with their thought processes and prepare us for any possible exit order. If the price of the spread hit their exit trigger, they immediately exit the trade. If it doesn’t reach the trigger price,… Read more »
jcarlson
Member
0
jcarlson
June 22, 2014 12:36 am
Service has exceeded all expectations! Uses a winning trade strategy with very few losses. Keeps us “in the know” with economy and trade status. Experienced winning and losing trades with them and they are able to handle all of them professionally. The broker that I use is Trademonster and they only charge $1.00 per contract for spread orders. Breaks down to $0.50 per contract per leg. A 30 contract spread only costs $30 making the condor position cost only $60 for me. Another person referred to Eoption being less. I may have to try them out. Anyone have autotrade fill… Read more »
crome67dome
Member
0
crome67dome
June 22, 2014 4:41 pm
June expiration was this past Friday so another winning month for the service. 10PPM recently invited subscribers to share their experiences by posting reviews on some suggested sites, including StockGumshoe. The increased volume of reviews makes sense. Similar language? umm… it’s English. If I say commission or calculation, maybe I’m David R since he did too. David R is repeating himself… again. Must think his own words are that confusing that he has to say them over and over again. Read the past reviews and any intelligent person will see that all of his talking points have been debunked or… Read more »
carolb
Member
0
carolb
June 22, 2014 5:58 pm
You guys are so annoying! Can you stop this back and forth bickering? You sound like my 6 and 8 year old kids! I came here to share my experiences and read other reviews but I see nothing but conjecture. There may be some facts buried in the posts but people don’t want to sift through everything to find it. On top of that, people may not know what’s true or false because it looks like a silly chat room argument. State your experience with the service and move on. I like the returns 10PPM has earned for my account.… Read more »
garneroftroy
Member
0
garneroftroy
June 23, 2014 2:58 am
Thank you Carol, I hope they listen and stick to facts that deserve the attention. I am very pleased with 10PPM’s performance but I prefer more trading action myself. For me, 10PPM is slow since they only open a few positions each month. I make other trades on the side to get my trading fix and keep 10PPM as my conservative portfolio. For individuals that want to trade a few times a week, this is not the service for you. It is, however, very profitable and consistent, just slow and unexciting. If you autotrade and don’t look at the markets… Read more »
marminuke
Member
0
marminuke
June 25, 2014 9:25 pm
G Troy is right, there aren’t many trades with 10PPM. I’m not looking for day trades though so it’s a matter of personal preference. I’ve been using 10PPM for years now and even though it’s slow to some, it’s the perfect pace for me. I don’t want to pay broker fees over and over again for multiple trades. Some services make so many trades each month that they end up paying quite a bit in broker fees. Also, some of those services may open additional trades after losing ones just to “make up” for the losses. Those trades may end… Read more »
kl0582
Member
0
kl0582
June 27, 2014 4:35 pm
10P’s June trades expired last week for a solid gain of 8.5%. It is an average of all 4 trades which were DIA=6.7%, IWM=8.3%, RUT=8.8%, and SPY=10.3%. They were 4 for 4 in June and have only had 1 losing trade this year out of 22 (95% YTD success rate). Trades are not aggressive. In fact, they are very conservative compared to other option strategies or services. Some may feel that options in general are dangerous or that 10P’s strategy is too but it all comes down to the management of the trades. They’ve only had 1 losing trade this… Read more »
davidg29
Member
0
davidg29
June 27, 2014 9:08 pm
Returns need to be based on what is risked, not the entire portfolio. With David R’s calculations, a 10% return on 1000 can change based on what’s in their account. For instance, a $100 gain on a $1000 trade is 10%. But, if someone had $10,000 in their account, used $1000 for a trade, earned the same $100, their return is 1%?!?! If they had $20,000 in their account, a $100 return on $1000 is now 0.5%. What kind of logic is that? Everyone’s account will be different so how could anyone include cash balances in accounts in the return?… Read more »
davidg29
Member
0
davidg29
June 27, 2014 9:09 pm
Returns need to be based on what is risked, not the entire portfolio. With David R’s calculations, a 10% return on 1000 can change based on what’s in their account. For instance, a $100 gain on a $1000 trade is 10%. But , if someone had $10,000 in their account, used $1000 for a trade, earned the same $100, their return is 1%?!?! If they had $20,000 in their account, a $100 return on $1000 is now 0.5%. What kind of logic is that? Everyone’s account will be different so how could anyone include cash balances in accounts in the… Read more »
davidg29
Member
0
davidg29
June 27, 2014 9:11 pm
Returns need to be based on what is risked, not the entire portfolio . With David R’s calculations, a 10% return on 1000 can change based on what’s in their account. For instance, a $100 gain on a $1000 trade is 10%. But, if someone had $10,000 in their account , used $1000 for a trade, earned the same $100, their return is 1%?!?! If they had $20,000 in their account, a $100 return on $1000 is now 0.5%. What kind of logic is that? Everyone’s account will be different so how could anyone include cash balances in accounts in… Read more »
jozsika
Irregular
8
jozsika
September 10, 2016 4:07 pm
Disclaimer: I don’t know who DavidR is and I didn’t see his calculation. I do subscribe to 10ppm and I do have problems how they calculate their return and looks like you calculate it similarly so with all due respect I pose this as a reply to your post. They trade 4 ETF-s total. But they don’t trade all of them every month. Most month they trade 1-2. So the correct calculation, IMHO should be return on portfolio and not return on trades only. If I want to follow all of their trades with a $40K account, and decide to… Read more »
davidg29
Member
0
davidg29
June 27, 2014 9:12 pm
Returns need to be based on what is risked, not the entire portfolio. With David R’s calculations, a 10% return on 1000 can change based on what’s in their account. For instance, a $100 gain on a $1000 trade is 10%. But, if someone had $10,000 in their account, used $1000 for a trade, earned the same $100, their return is 1%?!?! If they had $20,000 in their account, a $100 return on $1000 is now 0.5%. What kind of logic is that? Everyone’s account will be different so how could anyone include cash balances in accounts in the return?… Read more »
davidg29
Member
0
davidg29
June 27, 2014 9:15 pm
Returns need to be based on what is risked, not the entire portfolio. With David R’s calculations, a 10% return on 1000 can change based on what’s in their account. For instance, a $100 gain on a $1000 trade is 10% . But, if someone had $10,000 in their account, used $1000 for a trade, earned the same $100, their return is 1% ?!? ! If they had $20,000 in their account, a $100 return on $1000 is now 0.5% . What kind of logic is that? Everyone’s account will be different so how could anyone include cash balances in… Read more »
arch1
Irregular
4394
June 27, 2014 11:27 pm

If I post multiple times does it make my opinion more cogent?? In the interest of balance I give a one star although I have no idea of what rating should be.

smarx
Member
0
smarx
June 28, 2014 12:10 am

Long time user of 10PPM’s service, and am very pleased. Trades are consistently profitable, emails are answered promptly, billing is accurate. Very professional and knowledgeable staff.
Question the published returns? Contact the autotrade brokers, they’ll be able to confirm.

choppy
Member
0
choppy
June 28, 2014 12:22 am

If the opportunity for a trade is not there, they do not force it. Returns are exactly as they claim. Good trades, good team, GREAT SERVICE! No complaints here.

ac77
Member
0
ac77
June 30, 2014 3:48 pm
One of the best services out there. Fits my trading style perfectly. Not aggressive and not too conservative. I dabbled in options trading prior to using this service and was able to hit 25%-50% returns on some trades but those returns were not normal and most of the trades lost me money. 10PercentPerMonth only goes for 10% returns on their trades which is a very conservative goal for options trading. Sometimes they won’t reach their goal but it’s by choice. Instead of taking on a risky trade, they open up a safer trade for a lower return. I’d much rather… Read more »
carolb
Member
0
carolb
July 1, 2014 8:56 pm
Okay, so David R prefers to see returns on his entire portfolio instead of returns on the trade itself. David R, that is your opinion and preference on how to calculate returns but to imply that 10PPM is deceiving everyone is way off base. On their Performance Page, 10PPM states that the returns are an average of all positions opened for each month, period. If you want to calculate based on your portfolio, with cash you don’t even use, that’s your prerogative. A bank CD only pays you interest on what’s at risk for that certificate, not your entire balance… Read more »
tcut
Member
0
tcut
July 2, 2014 4:12 pm
Despite the many, many reviews, I see only Tori answering my request to provide actual brokers used successfully with 10PPM autotrading. Thanks to her for that. I am just starting to look into it, but already see some mixed reviews on Eoption. I’ll follow up more post-holiday. Would the rest of you who are so positive on 10PPM please post what brokerage you used? As I say, my trial run with $20k autotraded via Tradeking for just over a year resulted in a not insubstantial actual net loss despite the successful numbers 10PPM posted for the same time period. I… Read more »
dr10
Member
1
dr10
August 29, 2015 7:24 pm

10ppm performance page has not been updated more than 2 months. I assume the reason is heavy losses. They also stopped responding to emails. So much for full transparency..

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