May 5, 2025

My Money Magick

The Money, Tax and Law Underground

MT Options is a very good option newsletter, but I’m not doing it right now

Here are the recent results of the MT Options newsletter:

Even though their FAQ says you can start with $3000 to $5000, I currently am in just 1 contract of FB and it costs $1000. MT Options recently had 7 positions open. With my 3k account, I could only hold 3 of those 7 positions. And if you look at the recent results there are several runs with 3 consecutive losses, which would blow my small account.

Now, the great thing about MT Options is they publish all their trades for all the years and with a big enough account to withstand the losses, you are looking at some years with 8x return and others with 31x return.

But for now I should not risk this measly 3k in the options market.

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