The Principles of Trading with
WiseReport Bought Options Trades

• WiseReport is released every Tuesday morning
• Depending on the volume of trades we may publish a second issue on Fridays.
• WiseReport does NOT provide, personalised trading advice to members via phone or e-mail.
• We guarantee a minimum of 45 issues a year, with at least one recommendation per issue.

We have endeavoured to make this service as simple as possible. Each recommendation contains the following elements: Trade Overview, Trade Entry & Stop Loss, Profit Targets, Trade Management.

Trade Overview

This overview provides the research and analysis behind the trade and recommendations. It gives members a feel for the process of finding trades and price projections.

Trade Entry

Provides all the relevant details for placing the trade. Of special note in this section is the timing of entry. We will always provide ON DAILY CLOSE as part of our entry criteria. This entry criteria is critical to the success of the trade, under NO circumstances try to pre-empt this trading trigger.

Stop Loss

Risk management is the key to successful trading and this is where we provide the initial risk management. Due to the fluid nature of markets, this section needs to be watched very CAREFULLY. When recommendations are released, they will have the STOP LOSS above or below the previous extreme high or low of price at the time of the recommendation. In some cases, a new high or low may have been made after the recommendation and before entry. If this is the case, use the new high or low as your STOP LOSS.

1st Profit Target

We strongly recommend that members always take profits from the market. This will allow members to always return capital to their trading account, providing the opportunity to enter new trades as they arise, and to constantly reduce their risk. ( See Trade Management)

2nd Profit Target

We will always provide 3 targets. Our 2nd target does not mean that the trade has finished, but at this point members should have taken 2 profits and significantly reduced their RISK (See Trade Management). In many cases trades will exceed these areas.

3rd Profit Target

The 3rd profit target again does not mean that the trade has finished, but it just firmly defines at which point to take profits.

 Successful trading relies upon constantly taking profits and reducing risk.!!

 Trade Management

Within the Trade Management section we provide stop and profit targets. As each profit target is being met, we give detailed instructions on how to manage the trade. These instructions are designed to reduce RISK and continue to put profits back in members trading accounts.

For further inquiries please contact Paul Wise.

Email wisereport@options21.com.au
Phone: +61 8 9307 8261
Freecall (Australia): 1800 667 710.