Hi everybody, and happy New Year!
Although the 31st was the end of the year, the end of the month, and so, logically, the end of the last week of the month, we will post our weekly results as usual on Saturday, when the week is tehnically complete. We will also update our performance page to include the monoth of December and the year 2019 in the results.
Today, I will take the opportunity to say a couple of words as to how ELP Program can be used to trade the S&P 500 index. First of all, I'll reiterate that ELP is intended mostly and primarily for trading futures. Any other markets, such as ETFs, options etc., require taking into consideration more variables, such as management fees, time to expiration and so on and so forth. It is possible, but we have not done it, concentrating rather on the S&P 500 futures, which provide excellent liquidity, almost round-the-clock trading and many other advantages.
That said, how can a trader take advantage of ELP Program? First, by subscribing to our signals service and making trades himself. Second, by letting us trade according to ELP signals on their trading accounts. The latter option requires a limited trading POA to be provided by the trader to the broker allowing us to trade in their accounts (without the right to deposit or withdraw money). We recommend the second option, because when a trader trades according to somebody other's program, he may have second thoughts at the last moment, or forget, be ill, be busy at work etc. For us, this IS out work, so we are guaranteed to make a trade when the time comes. The additional fees involved are rather symbolical. Ask us for details via the contacts on each page of our website
Happy holidays again,
ELP team
Although the 31st was the end of the year, the end of the month, and so, logically, the end of the last week of the month, we will post our weekly results as usual on Saturday, when the week is tehnically complete. We will also update our performance page to include the monoth of December and the year 2019 in the results.
Today, I will take the opportunity to say a couple of words as to how ELP Program can be used to trade the S&P 500 index. First of all, I'll reiterate that ELP is intended mostly and primarily for trading futures. Any other markets, such as ETFs, options etc., require taking into consideration more variables, such as management fees, time to expiration and so on and so forth. It is possible, but we have not done it, concentrating rather on the S&P 500 futures, which provide excellent liquidity, almost round-the-clock trading and many other advantages.
That said, how can a trader take advantage of ELP Program? First, by subscribing to our signals service and making trades himself. Second, by letting us trade according to ELP signals on their trading accounts. The latter option requires a limited trading POA to be provided by the trader to the broker allowing us to trade in their accounts (without the right to deposit or withdraw money). We recommend the second option, because when a trader trades according to somebody other's program, he may have second thoughts at the last moment, or forget, be ill, be busy at work etc. For us, this IS out work, so we are guaranteed to make a trade when the time comes. The additional fees involved are rather symbolical. Ask us for details via the contacts on each page of our website
Happy holidays again,
ELP team
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