Hello my name is Doug Campbell, when I first began entertaining the idea of an options service, I immediately thought of what I disliked about other services. At the very top of my dislike list is the tremendous HYPE used to market and promote options services using model portfolios with triple and quadruple annual returns. Many show the results of a paper traded fictitious account with perfect entries and perfect trade fills. If you have ever put your hard earned money at risk in the markets, then you understand there is a very big difference between paper trading results and results using “real” money. If it sounds too good to be true then it usually is.
Next on the dislike list is when the other services encourage that traders blindly follow someone else’s trades. Since every trader approaches the market with very different thoughts, goals and risk tolerances, each will have a very different end result to a trade. A successful trader knows that it is very important to carefully evaluate each trade in terms of why the trade should be executed and whether the trade is a good fit for that trader.
Last on the dislike list is the incredibly high cost of most options services. Many services break fees into particular option strategies. If you want to swing trade options, spread trade options or use options to hedge stock positions you could quickly find yourself spending more than $100 per month on each option strategy. These costs are way too high particularly for traders that are just starting out with small trading accounts.
When I decided to start an options service I wanted to pursue a service done the “right way”. Thus, the name of the options service is “Right Way Options”. To right the wrongs I found in the other services, Right Way Options offers
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- No hype about options trading returns
- An education based approach to options trading
- An affordable price so that anyone with an interest in option trading has the opportunity to participate.
At Right Way Options
- Trades are called only when high quality setups present themselves.
- There are no forced trades in an attempt to fill some arbitrary trade quota when the market is not providing trades that are worthy of risking capital.
- Every trade is accompanied with a chart and explanation so that each trader can evaluate the mechanics of the trade and learn the thought process behind the trade.
- Each trade is classified into one of three categories of risk – Conservative, Moderate, and Aggressive. This makes it easy for the trader to decide if the level of risk in the trade is right for them.
- All trade alerts have clear instructions as to the contract month, strike price and how the order is to be placed with the broker. This helps those new to options trading with understanding how the trade is constructed.
- Trades are selected based on technical analysis and price action patterns. Company fundamentals are very rarely considered because most of the trades are short duration which is a few days to approximately 90 days. The trend is your friend, and this service seeks to follow trending stocks. This service may make multiple trades using the same underlying company to capitalize on trade setups as a trend continues to develop.
- There are scheduled live webinars at a minimum of every 2 weeks to discuss trades, answer questions and provide options education to members.
For those who want to pursue a comprehensive education in options trading, there will be special live or recorded classes. Please note that these classes may have an additional cost. Members will always receive discounted pricing for these special classes.
Right Way Options discount for Hit & Run Candlestick Members Only!
*H&R membership must be maintained otherwise the $787.00 pricing will be enforced.