Don’t have time to place option trades yourself? Why not consider auto-trading?
We are pleased to announce we now offer auto-trading. We currently work with Stifel Nicolaus, Celadon Financial and Ditto Auto Trade as our brokers of choice. Both offer excellent customer service and are very familiar with our business.
Stifel Nicolaus – Overview
The Starr Group at Stifel Nicolaus & Co. is a family operated business offering a high standard of customer service and execution capabilities. Founded in 1960, the group brings a depth of experience and perspective to options, currency and equity trading. Each of their clients receives personal attention from a member or the Starr Family. For more information, contact the Starr Group at 800-225-8532 or click on the STARR GROUP Auto-Pilot Trading button above to visit the Stifel Nicolaus website.
Ditto Trade is an innovative brokerage that has been featured in CNBC, Forbes, Fortune and more. Unlike other auto-trading enabled brokerage firms, Ditto Trade has created technology to ensure that the user maintains CONTROL and TRANSPARENCY when following a trading service. One of the benefits of this technology is it enables you, at any point, either to close a position or detach the position and manage it on your own independently of Momentum Options Trading. In addition to automating the trade, you also have the option of having Momentum Options Trading’s alerts sent directly to you on the Ditto Trade mobile app.
In addition to auto-trading, you can trade independently from Momentum Options Trading with a Ditto Trade account.
To learn more about Momentum Options Trading, please check out our page at Ditto Trade: https://www.dittotrade.com/
Disclaimer: Ditto Trade is an independent brokerage and not affiliated with Momentum Options Trading. Ditto Trade does not make recommendations regarding auto-trading services or the purchase and sale of securities.
Celadon Financial Group, LLC – Overview
Celadon Financial Group has been providing trade execution solutions for professional traders, hedge funds, and other asset managers in the U.S. and abroad since 1986. For our private client group investors, we offer AutoTrade as well as an extensive range of traditional brokerage services. While the investment professionals at Celadon have experience investing in every asset class, we have particular expertise in options trading. From a simple covered call writing strategy to more speculative ratio spreading, options may play an important role in your investment portfolio. Options involve risk and are not suitable for all investors. For more information on AutoTrade, call us at 704.644.8852 or email us at firstname.lastname@example.org. For all other brokerage inquiries, please visit us at https://www.celadonfinancial.
What is auto-trading?
Auto-trading is a process whereby the broker you authorize places trades on your behalf. You still decide how many contracts or a specific dollar amount much you want to spend on each trade, and you still have the ability to place your own trades at anytime.
How much does auto-trading cost?
Auto-traders usually charge a per trade fee or a monthly platform fee. Please contact the auto-trading brokers of your choice to obtain their fee structures.
How does the process work?
- Subscribe to our option picks service.
- Open an account with either Celadon Financial, Ditto or Stifel Nicolaus.
- Complete the auto-trading paperwork with your preferred organization to authorize auto-trading and to customize your exact trade recommendations.
- That’s it!
How will I know when AutoTrades are executed?
The auto traders will email you the executions as they occur during the day. You will also have access to view the trades on their various trading platforms.
Am I able to customize which trade recommendations from Momentum Options Trading I want to execute in my account and which I do not want executed?
Yes, after receiving approval from the AutoTraders, you can specify which recommendations you wish to be placed and how on their AutoTrade Document.
Are AutoTrades guaranteed?
The AutoTrade service is offered to you on a best effort, not-held basis. The AutoTraders will do their utmost to enter the recommendations of Momentum Options Trading as quickly and efficiently as possible. While they have duplicate and back-up systems to ensure timely handling of orders, orders are subject to risk from errors of electronic systems, communications, markets and timing. In addition, other factors such as insufficient buying power in an account, subscription lapses, or missing selections on the sign-up page, may cause missed trades. Please note: In addition to the terms and conditions completed to subscribe to this service, the same risks and terms and conditions apply to AutoTrades.
Can I use my trading platform to view the status of my AutoTrading account?
Yes. You can use your trading platform to view all orders, balances and positions within your AutoTrading account.
Do I have choices as to how much capital I must use for trades in the AutoTrading account?
Yes, you may choose to invest in any of the following method for all AutoTrades:
- certain dollar amount,
- certain number of shares, or
- percentage of equity
What if I want to close a position before my newsletter does?
If you ever need to close a position in your AutoTrading account before Momentum Options Trading closes it, you will have to contact the AutoTrader’s Trade Desk directly.
What happens if my account does not have sufficient funds to participate in a recommended trade?
If your account does not have sufficient funds to place the amount allocated on your AutoTrade document, the AutoTraders will not execute the order. For example, if you select $2,000 per trade and your account has $900 in available funds when the trade is placed, the AutoTraders will not place the order.
More questions about autotrading with Stifel Nicolaus?
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More questions about autotrading with Celadon?
More questions about Ditto Trade?