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Top >  Business >  2006 >  January >  2006-01-01

Day Trade Membership Rises


Day trading has been a popular way for investors to make a bit more money. Over the past few years day trading companies have seen a significant rise in memberships. This is due to the fact that there are many more people out there who are not only looking to understand the financial world, but want to take a part in it. One such company, Day Trade Team, announced record levels of profitability in its options trading systems in December. As a result, membership has grown at a record-setting pace of 50% in the fourth quarter of 2005.The group is extremely proud of their options trading results for December. It`s a really nice way to cap off a great year for them. Seeing their membership growing as a result is just the icing on the cake.

Day Trade Team reports that only its Directional Put/Call System suffered losses in December, while its Vertical Credit Spread System locked in profits on both of its positions, with a 33% profit on QQQQ options and a 52% profit on GOOG options in December. Most impressive, however, were the returns generated from the Butterfly Spread System, which achieved an 82% profit on QCOM options, a 50% profit on MCD options, and a breakeven trade on AAPL options.

Complex options spreads such as butterfly spreads, vertical spreads and iron condors are mainly utilized by professional and institutional traders. Day Trade Team seeks to give this advantage to individuals through real-time trade alerts that are designed to be both profitable and educational in nature. The company is obviously best known for their expertise in day trading, therefore, it is really nice to be recognized for the quality and consistency of options trading systems. There is really nothing more satisfying than having a happy, profitable and growing membership base. The company is looking forward to expanding on the successes of 2005 as they move into the New Year.

                                 

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