OViCoPilot Review | Frequently Asked Questions

The OViCoPilot is the new automated module of Guy Cohen’s unique OVI-Flag trading method. With no human interference, no compounding and no leverage, this system achieved net profits of over 208% (that’s triple the account), and these results include the time of the 2008-2009 crash (the biggest since 1929).

The new automated OViCoPilot which has been tested to tough institutional standards, making trading even easier and more efficient, while also reducing risk. Guy’s unique technique combines price action together with hidden transaction activity to form a brilliant “forensic” method of trading.

He’s now taken this to a new level with the OViCoPilot.

The OViCoPilot stays true to Guy’s classic method, finding the best OVI-Flag combinations, and capitalizing on big moves BEFORE THEY HAPPEN!

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

This is a must watch video! Here’s what you’ll get:

  • Why Wall Street wanted to keep my stunning discovery about options a secret
  • The trading system that is approved by hedge fund managers
  • How to capitalize from options data WITHOUT knowing how to trade options
  • How to SPY on the insiders in the market
  • How to identify high-probability and low-risk trades
  • How do all this in just 10 minutes per day

OViCoPilot Frequently Asked Questions

Why is the OViCoPilot not producing any trades?

As Guy has stated from the outset, there will be times where the OViCoPilot finds no situations that fit its algorithms. Ultimately this is to protect you. The OViCoPilot only produces trades that fit its optimized settings. Even if a stock looks great and could even be a great trade, if it misses the algorithm by a penny it won’t be included.

Remember the equity curve of the OViCoPilot from 2008 to early 2013 (see below). It does have periods where it is very quiet. This can last for weeks at a time. But then all of a sudden it can make a big burst. This is absolutely by design. We want to be active when the market is in our favor, and quiet when it’s not. Breakout trading systems do tend to work in this way.

When the OViCoPilot is inactive, can I find trades myself with FlagTrader (or the OVI Traders Club site) instead?

Yes, absolutely. This is why the OViCoPilot is not available on its own and is only available together with FlagTrader. The latest version of FlagTrader is significantly improved and more precise, meaning significantly less time required to find great setups.

I noticed the OViCoPilot occasionally highlights a stock that has already broken out? Is this still tradeable?

Yes, it’s still tradeable within the OViCoPilot world. Remember the OViCoPilot is automated and is not intended as a discretionary system. The parameters have been optimized and occasionally bring up a stock that has just broken out and is still tradeable. By contrast, FlagTrader and the OVI Traders Club are intended as a “guided discretionary” method. For that we only trade the breakout itself. Ultimately there are subtle differences between trading an automated system where the parameters are absolute, and a guided discretionary system where you can use your eyes.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

There are trades in FlagTrader that look great but aren’t in the OViCoPilot. Why not?

The OViCoPilot adheres to very specific and precise formulas that have been back-tested and optimized over several years, and then run forwards. As such there will always be seemingly great opportunities that are not picked up. This is why we want you to be able to find your own as well – either via FlagTrader or the OVI Traders Club as well if you have it.

Over what time frame should I evaluate the OViCoPilot’s effectiveness?

The OViCoPilot was originally tested over a period of five years from 2008 to 2013. This period included the stock market’s biggest crash since 1929 and its subsequent recovery. The OViCoPilot outperformed the S&P each year. In terms of evaluating the system it’s something you should monitor over a couple of years at least. It’s not something to judge just after a few weeks or even months, because the market could be going through one of its prolonged sideways moves. During these times the OViCoPilot will be subdued.

In the ‘New Orders’ page it says the trade should be opened as a ‘buy stop’ for long trades. What if the stock gaps up at the open?

The OViCoPilot has been tested to include gaps. This is different to the ‘guided discretionary’ method that Guy teaches in FlagTrader where you would use a buy-stop-limit order where possible. For OViCoPilot trades the entry is intended as a ‘buy stop’ order. This means you may indeed be gapped at the open.

Which markets does the OViCoPilot cover?

S&P 500 Only

How far back has the OViCoPilot been tested?

The OViCoPilot was extensively back-tested from the beginning of 2008 to the end of 2012, and then forward from the beginning of 2013.

What happens if I missed the trade and it’s already been triggered?

If following the system strictly then you’ve missed that trade and it will now be in the ‘Working Trades’ area. If you’re applying your own discretion to the OViCoPilot, then you may take a view.

How should I size my trades?

Our excellent results are based on trading with the same dollar size of trade, regardless of the share price. This means that all individual trades carry virtually the same amount of risk as each other. You are free to position-size as you wish, but be careful to not be over-exposed on any single position.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

What is ATR and why do you use it for the OViCoPilot but not FlagTrader?

Average True Range (ATR) is a measure of volatility which our CoPilots use in order to determine optimum profit targets, initial stop loss and trailing stops.

The reason for using ATR for the CoPilots is that the system is entirely objective and automated, so the figures we use are based solely on results from extensive back-testing. You’ll notice that within FlagTrader we teach a more discretionary way of managing our trades. This ‘Guided Discretionary’ method is not possible with an automated system.

The ‘True Range’ indicator is defined by the greatest of the following:

  • current high less the current low.
  • the absolute value of the current high less the previous close.
  • the absolute value of the current low less the previous close.

The average true range is a moving average (generally 14-days) of the true ranges. For our CoPilots we use different multiples for ATR for profit targets, initial stop loss and trailing stops.

When a stock opens with a gap beyond the entry price, how is this being recorded in the CoPilots section?

In our back-testing, if the stock gapped up past the entry price, we assumed a fill at the open. We found that this is quite conservative, especially because many times the gap is filled very soon after the open and better fills are to be had. However, we also felt that the open is the fairest way to record new gapped-up trades moving forward, even if it may be harmful to our stats.

How do I calculate the spreadbet price for the Buy Entry and Sell Stop?

You can use the Spreadbet Pricer calculator for this.

Use the Buy mode with the Buy Entry Price to calculate the spreadbet entry price then use the Sell mode with the Initial Stop price to get the spreadbet sell stop price

Results are indicative as to IG Index’s stated pricing algorithms.

Setting orders for P1 with IG Index

When taking P1 with IG Index you’ll have to actually place two orders.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

Who Is Guy Cohen?

A trading innovator, Guy Cohen is the creator of the OVI, FlagTrader and OptionEasy, as well as being the author of several best selling books.

  • The Insider Edge
  • Options Made Easy
  • The Bible of Options Strategies
  • Volatile Markets Made Easy

With blue chip clients who have included NYSE Euronext and the ISE, Guy has introduced his user-friendly brand of trading to over 100,000 traders throughout the world.

Specializing in stock and options trading applications Guy is acknowledged as a trusted pioneer of trading education.

An established and entertaining speaker, Guy’s applications serve as a virtual trading mentor, dedicated to your success.

Guy has an MBA (Finance) from Cass Business School, London.

Guy’s books are bestsellers in the field of trading, and are translated into multiple languages including Mandarin Chinese and Indonesian.

Watch this video to learn more:

==> How to Use Options Data to Identify AND Trade the BEST STOCKS in 10 Minutes per day

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ETF Income Engine Review Review | Is It Any Good?

March 2014 Profits Run will be releasing their new product ETF Income Engine and I’ve set this post for the review of ETF Income Engine.

ProfitsRun have been in business for the last 13 years and they are behind some of the winning trading products like Forex Profit Multiplier, Forex Profit Accelerator and Market Mastery among others.

Stay tuned for more information on this ETF Income Engine product. 

Introducing, the ETF Income Engine (EIE). This is all about trading once/week on weekly ETF charts for US, London, Canadian, and Australian markets. They have 4 brand new trading methods behind it.

First pre-launch video will begin March 10th. Bookmark this site or opt-in to a waiting list on the right.

As soon as I get any new information on ETF Income Engine I’ll post here.

==> Visit ETF Income Engine Official Website

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Simpler Options by John Carter | Lessons From a Millionaire Trader

On January 1st, millionaire trader John Carter analyzed his 1 million dollar trading year…and he realized that 80% of his profits came from 20% of his trades! So he looked at how to JUST trade the strategies that produced his big trading year…

==> Here’s what he found

In this video, millionaire options trader John Carter will share:

- How he discovered one secret to cutting the noise out of the financial markets to focus on high probability, high reward trades

- How his trading is being transformed by an Italian economist’s observation in 1906

- His real account trading results for 2013 leaving nothing to the imagination

- Who is suckering you into taking the wrong trades at the wrong time

- What happened for the first time after 25 years of trading

And much more…

==> Simply tap here to watch the video

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MERIT Paycheck Free Download

Wendy Kirkland reached out to us a few weeks ago and shared her video series with us for review… She has produced a must-see video using a PowerShares ETF strategy that has been proven to provide $66,263 (after commissions) in net profits on only a $600 per trade investment.

You will learn how this strategy can be easily and immediately copied without buying a single thing. Watch this exciting new video here to see for yourself how $600 per trade turned into over $66k in profits.

==> Review is in…WATCH IT!

She’s a very smart lady with some tips for those looking at retirement and she has bonus downloads and reports once you start watching to make sure you get the most out of it.

Wendy Kirkland’s MERIT PAYCHECK is an exclusive advisory service which delivers specific trade alerts via email. In the first year of live trading, these alerts produced 92.25% winning trades and after-commission profits totaling $66,263 on a $5,000 account. Every subscriber will also receive Option Trading the Quintessential QQQs course (manual and DVDs) so they can learn the strategies on which MERIT PAYCHECK recommendations are based. Offered at two price points, (6 month subscription & 18 Month subscription) this course/system includes actual trades, has a full performance guarantee and very recently closed 19 out of 20 wins for almost $6,000 profit.

Offered at two price points, (6 month subscription for $997 & 18 Month subscription for $1,997), this course includes actual trades and has a full performance guarantee.

==> Hear from Wendy & Get Videos HERE

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Hawkeye Premiere Trading Free Download

Have you heard the buzz about the new training site from Nigel Hawkes, the world’s foremost authority on Volume-Based trading? He is revealing the details about the trading strategies he’s used to make a GREAT income for himself and his clients.

And the GOOD NEWS, is that I’ve reserved a FREE membership for you.

Click Here To Learn These Volume-Based Strategies

These strategies of his are now used by many of the world’s top traders, and have been adopted by several hedge funds as the basis of their own trading. And you get them for FREE, because of a special deal I made with Nigel.

This is a limited-time offer, so you need to TAKE ACTION RIGHT NOW!

Click Here To Discover the Secret of Volume Trading

Want to Learn More?

Please read this Hawkeye Premiere Trading Software Review for more information.

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Wealth Creation Alliance Free Download

Chuck Hughes Wealth Creation Alliance is a complete options course including full instruction in the techniques that have made Chuck Hughes over $4.4 million in the last 4 years. The Wealth Creation Alliance course components include an options trading manual, supporting DVDS, bi-weekly videos, the opportunity to attend a live trading seminar annually & Chuck’s heralded trading recommendations.

This course includes actual trades and has a full performance guarantee.

It’s important for you to know that Chuck Hughes trading strategies have been incredibly profitable every single year.

During the 2000-2002 “tech wreck”, when the S & P plummeted from 1500 to 800, Chuck Hughes made $1.244 Million.

In 2002-2003, when erratic price swings had most investors sitting on the sidelines, and others being whipsawed out of their last dollar, Chuck made $635,451.25.

And in 2008, during the worst financial crisis since the great depression, Chuck made $473,311.04!

When you make double and triple-digit returns every year, without fail, you can create a tremendous amount of wealth in a fairly short time. And that’s what this invitation is all about.

Chuck Hughes, and his winning strategies for stocks and options have made him a millionaire many times over– and they’ve given him a very rewarding life.

Chuck Hughes recently made a staggering $1.023 Million in just 26 days.

Up until now, you’ve been denied your full potential for success. But that’s about to change… the minute you join the Wealth Creation Alliance.

The Wealth Creation Alliance is a visionary program unlike anything you’ve ever seen before. It is the pinnacle of Chuck Hughes life’s work. And for Chuck to succeed, YOU must succeed.

So, Chuck Hughes has gone to extraordinary lengths to help ensure that you enjoy the thrill of success along with other WCA members.

“Your strategies were high return and small risk. My life allows me very little risk tolerance. To my amazement I only had $15,804 in total losses compared to the $1.646 Million in total profits. If you do the math, that equates to more than 100 dollars of profit for each 1 dollar of loss.” -Daniel J., Florida

 

==> Visit Official Chuck Hughes Wealth Creation Alliance Website Here

 

Join the Wealth Creation Alliance

Your membership provides you several valuable benefits including:

1. Wealth Creation Alliance Advisory Service: Members receive access to an exclusive advisory service that provides specific trading recommendations for the Wealth Creation Alliance trading strategies. These trade signals identify profit opportunities that members can take advantage of immediately. Support is provided by our experienced staff so that every member understands and can implement the trade recommendations.

2. Wealth Creation Alliance Members: Only Guide to Abundant Wealth Under Any Market Conditions: the greatest treasure trove of wealth-creating secrets ever assembled.

  • Guaranteed Real Income Program
  • Fail Safe Financial Program
  • Market Volatility Profit Secrets

3. Fast Track 3-Part DVD Collection: Follow me, step-by-step through the thought process that I use on a daily basis. Learn exactly how I produced millions and millions of dollars in actual profits for myself.

4. Members-Only Online Trading Toolbox: exclusive access to the very same calculators I use for the following strategies:

  • Call Option Purchases
  • Put Option Purchases
  • Call Option Spreads
  • Put Option Spreads
  • Buy Write Trades

5. Members Only Forum: Online forum, monitored by Chuck Hughes, which allows you and other high achieving WCA traders to ask questions, exchange trading ideas and market observations. Chuck also discusses the best strategies for current market conditions. The Members Only Forum is your chance to earn while you learn — starting the first day!

6. Members Only Reunion and Live Seminar: Unique opportunity in which we’ll discuss global trends. Chuck will tell you about his latest strategies. And we’ll identify specific profit opportunities that you can take advantage of immediately.

Even if you have little or no trading experience, the synergistic nature of the Wealth Creation Alliance can make you an instant winner!

 

==> Visit Official Chuck Hughes Wealth Creation Alliance Website Here

 

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John Carter’s weekly options trading | Dirty Secrets of Weekly Options

If you want to successfully trade options via a WEEKLY model. Well all you really need to do is watch this video from John Carter…

Free Video here

Here’s what you’ll be learning…

** How he have made $650,000 this year Beating the Market Makers at their own Game

**The Dirty Little Secret of Weekly Options

**Why Weekly Options are his Favorite Way to Trade Options

**The Account Size You Need to Trade Weekly Options

**Your Goal as an Options Trader

**And much more…

Watch the video here ASAP

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Forex Target Trading Program Review | All Questions Answered

Imagine you’re reviewing your trades for last year and this is what you see…

  • * 595 trades – 519 winners (87%)
  • * 1,628 pips per month on average
  • * 19,545 total pip gain for the year

Those are not imaginary or hypothetical tests, though…

Every one of those trades was called in real-time in front of a LIVE audience in the Forex Target Trading Live Room hosted by Scott Barkley (a REAL trader).

And here is what is so cool and so different than the average garbage you are used to:

Those pip gains are reported by students of Scott’s in his room NOT Scott himself.

The success of Scott really doesn’t mean anything if you can’t follow along and replicate what he’s doing.

I am so sick of these self-proclaimed millionaire traders who show you their stats and then try to sell you something when you have no idea if they can help YOU regardless of whether or not they are successful themselves.

That is what makes Scott so different. It is not about him making money, it is about YOU making money.

So to prove that you can make money by being in his room, learning his approach and following his trades, he is offering a 10 Day free VIP pass to his trading room.

Sign up for your Free VIP Pass Here

See, Scott doesn’t tell you how great he is and then try to sell you a mystery system—he let’s you experience his trading room and lets you get your own results!

For over 12 years, he’s been patiently teaching target trading to a small, underground group. 

His method is simple and deadly accurate.

Scott has kindly agreed to offer a 10 Day VIP pass for traders who are sick of the typical FX garbage and want to experience something that works.

Now, because this is a big deal, tons of people are on board with Scott’s VIP pass and emails are being sent left and right for access. That means you need to Claim your VIP

pass Right Now so you don’t miss out.

Click Here to Claim Your Pass Now

Scott has been doing this for a long time and the amount of testimonials from his traders is ridiculous. I am excited to hear about YOUR results in his room, so make sure that you

sign up and show up so you have something to share!

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Momentics Trading Indicator Review | All Questions Answered

Everyone knows that in Forex, the banks are making a fortune at the expense of you and I. Believe me, retail traders will never win the battle against the banks.

But now, my subscribers are being given an exclusive opportunity to profit from the same strategy that the banks use, 100% free…

Momentics Trading Indicator FREE DOWNLOAD – Get Access Here

How do I know? I don’t want to completely spoil his amazing story, but I have been fortunate enough to become closely acquainted with an ex-Swiss bank programmer. After trading managed multi-million dollar accounts for years, he is now getting ready to reveal EVERYTHING he knows!

I have spoken with him on numerous occasions, and I can tell you he is a great teacher. In his upcoming training sessions, you will see that this guy really knows what he’s talking about. Thankfully, he takes complex strategies and teaches them in a way that makes it very easy to learn…even for the novice trader.

But remember, he’s also a programmer. He doesn’t just stop at teaching his strategies…he develops proven tools that will implement them for you.

Which brings me back to this amazing indicator. He told me that the Bank’s strategy accomplishes 3 things:

1) Identify specific zones where they can dominate the market.

2) Create momentum that drives their trades into profit.

3) Lock in profits before the rest of the market adjusts to the trade.

It tells you exactly when to trade, works on any currency pair and time frame and has a win rate of 72-90%. What more can you ask for?

Well…you can rest assured knowing that you are fighting WITH the banks, and not AGAINST them. Are you ready to “piggy back” their trades like he does?

Momentics Trading Indicator FREE DOWNLOAD – Get Access Here

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Instant Options IncomeReview – Get The Facts – For Bill Poulos Instant Options Income Program

Instant Options Income

Recently, a 40-year trading expert stumbled upon a strange “flaw” around how most people trade options that led him to discover a simple technique that almost anyone can use to potentially:

  • Earn up to 2% every 7 days, or the equivalent of 104% every year.

It all has to do with a special 2-part trade that automatically creates “instant income” that’s deposited into your trading account every time you place the trade.

Go here to download the step-by-step ‘blueprint’ that reveals how it’s done, and follow along with the training video.

I think you’ll be surprised.

Your total time investment with this technique is less than 20 minutes PER WEEK, and you collect your “instant income” every Friday. See how to make your first trade here…

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