Monument Traders AllianceReviews of monumenttradersalliance.com

I only have a 49% win rate with PST. I find that I am stopping out of many trades while Nate SELDOM reports on closing out trades for losses. With a win rate in the 70s%, he must have some but we, again, seldom get stop out alerts. We're more likely to get "buying more to trade out" alerts. For newer options traders like there are in PST, these are higher risk adds on low delta options. For example today he added to GTLB, which we opened at $3.10, at $0.95 on a .25 delta option. If we were going to add, it might have been good to do so on the way down, not after we were already down 70% and received ZERO updates. In summary PST doesn't provide enough guidance on managing open trades before they become big to near total losses. Nate is a good teacher of technical analysis, and PST is a low cost service.

do not call people out for a personnel decision that you may not know what positions or size they are into or how big of an account they have.

Focus is on buying options too much. Instruction from Brian can be very confusing. Need to do more option selling.

I ordered SAM and after the second day of receiving it I really didn't know how to use it so I called in and was told to watch the resource films which I did the same evening. I still was not comfortable using it so the next morning I called in and told the lady on the phone my situation and said that I would like to switch to daily profits live and watch Nate use it in real trades. Filling comfortable now on the evening of the second day I called back in and asked to switch back to SAM and was told no. They said once you switch you can't switch back. If that is the policy then the lady on the phone should have told me that. Now I have 2500.00 invested in a 2k yearly subscription instead of 2500.00 for lifetime subscription in SAM.

Realize that their purpose is to sell you very expensive advice, some of which is ok, some not. They come up with new strategies to sell every few months along with a new guru with new stories. I just caught another trick where a low volume long term option was touted. Some gullible traders bought those options driving the price up so the guru made a 15% profit in one day. A thirty year career in R&D taught me analysis and if you take a 50/50 chance and add a little intelligence you will end up with an 80% probability. That is MTAs claim to fame. To have any success you have to be at a computer full time following them. Oh yeh, if you make a critical comment in their chat room or to their moderator you will be blocked. Whenever subscribing to a service send a notice to not auto renew.