TERMS AND CONDITIONS FOR
USE OF THE TRADING PIT
Trading Pit Code:
https://meet.goto.com/178708301
Join Trading Pit
for April 4, 2024
SCROLL DOWN TO ACCESS RECORDINGS
and SPREADSHEET of TRADING RESULTS
AS A COURTESY – – –
PLEASE MUTE YOURSELF WHEN
YOU HAVE NOISE IN THE BACKGROUND
OR YOU ARE CONDUCTING OTHER CONVERSATIONS. THANK YOU.
Trading Pit Rules and Policies
By entering The Trading Pit you hereby agree to the Terms contained herein.
Welcome to the Make It and Keep It (MIKI) Wealth Systems live Trading Pit. The Trading Pit is a bonus service intended to provide information which the members may utilize to continue to learn about trading options. The system(s) presented in the Trading Pit is (are) not intended to be the only possible method(s) of trading options, but rather is (are) the method(s) utilized by the author of the program and the one(s) featured in the Website. The Trading Pit is intended as a discussion and informational arena for all members who are MIKI members and are or want to actively trade options or stocks. MIKI would like to provide access to the Trading Pit as often as possible when the US stock market is open, however, circumstances may arise which may cause an interruption of the availability. As a member of any service provided by MIKI you acknowledge that there is no guarantee that the Trading Pit will be open and available every trading day corresponding to the operation of the US stock market. Furthermore, in the event there's an interruption such as an electric outage, internet outage, illness or other circumstance not permitting the Trading Pit moderator to be present, the absence of the Trading Pit shall not be considered as a breach of contract between MIKI and member. In the event the interruption is an emergency, such as electric outage, internet outage, or illness or other circumstance not permitting the Trading Pit moderator to be present there will be no prior notification of the unavailability. Whenever possible, members will be provided notice in the Trading Pit section, and/or via Facebook group posting, and/or in the calendar section of the Website of the unavailability of the Trading Pit. The hours of operation for the Trading Pit are intended to correspond with the time the US stock markets are open Tuesday, Wednesday, and Thursday 9:30AM – 10:30AM EST, or as may be modified from time to time. It is highly recommended that members enter the Trading Pit as often as possible, especially if the member is in need of gaining experience with the markets and understanding the market’s temperament during the various volatile and trading periods. The Trading Pit is intended to disseminate information regarding technical chart reading, stock analysis, option trading and other necessary information to understanding the approach of trading and investing in the stock market. The Trading Pit is not intended as an individualized or personalized financial advisory. As a member of and participant in the Trading Pit you acknowledge that the information provided in the Trading Pit is intended for informational purposes. Any discussion which occurs in the Trading Pit or in any other service or publication presented by MIKI about a stock or a particular trade or investment, in any manner, is only for discussion and information purposes only and not intended as financial advice. None of the information, or any opinion expressed, constitutes a recommendation to purchase or sell a security, or to provide investment advice. If a member enters or exits a trade while in the Trading Pit that member is solely responsible for the trade. Any discussions of entry and exit of trades are for illustration and educational purposes; and under no circumstance are they to be construed as financial recommendations or advisory. Copying, or making the same trades in discussion during the Trading Pit are the sole responsibility of member, and are to be made at member's sole discretion.
It is important for all MIKI Members to follow a standard protocol when logged into the live Trading Pit. Please always observe the following basic rules:
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Be courteous and mute your microphone when there is noise around you
Be aware of your microphone rubbing against your closing or directly in front of your mouth or nose as they will cause an excessive and annoying noise
Be aware of and careful not to discuss religion, politics or sex – in the event they are discussed please be patient and grownup and do not become offended and/or irritated because of someone else’s immaturity or biases
Be helpful if possible but remember that everyone has their own individual trading plan and temperament and therefore refrain from criticizing other members or from giving financial advice
Do not post a URL in the chat which does not have relevance to the Training Pit
Do not use CAPS in chat – It may come across as rude and offensive
Be careful about any advice you hear from other members – what may be suitable to one member may not be suitable to others
DO NOT post personal information such as email addresses, phone numbers, addresses or Skype contact details in the chat box.
Do not ask for and we do not recommend that actual dollar figures be discussed in the Training Pit – If you discuss a profit of .40 on a trade do not reference the profit as $400, $200, etc. Privacy with your money is very sensitive.
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Please note: The live Trading Pit is provided as a Trading Club and meeting room and for coaching and learning purposes only. Even though we discuss and analyze possible trades and we track those results, no personal trading or investment advice is being provided, or should be considered as investment advice. All trades discussed, or analysis provided, are for learning and educational purposes. You are completely responsible for your own trades. Any type of trading, including but not limited to options trading and other derivatives, carries with it a high risk. You should only trade with capital you can afford to lose. Investing Risk: Trading securities can involve high risk and the loss of any funds invested. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon, or risk tolerance. Options Trading Risk: Options trading is generally more complex than stock trading and may not be suitable for some investors. Be aware that trading in certain option strategies can result in the loss of more than the original amount invested. Before trading options a person should review the document Characteristics and Risks of Standardized Options, available from your broker or any exchange on which options are traded. NO SOLICITATION. NO RECORDING. NO REPRODUCTION. No part of the Trading Pit may be copied, recorded, downloaded, or rebroadcast in any form without the prior written consent of MIKI or its officers. Any member who enters and participates in the Trading Pit acknowledges and agrees to be respectful to other members and the instructor and not to cause disturbance. If any member becomes disruptive, disrespectful to other members and/or instructor, such member will be asked to stop and if member refuses to stop such activity such member will be asked to leave the Trading Pit. Any disruptive member may be banned from attending the Trading Pit if such activity and behavior continues and such member will have the membership banned and no refund will be issued. The information and data contained in the Website was obtained from sources believed to be reliable, but accuracy is not guaranteed. Neither the information, nor any opinion expressed, constitutes a recommendation to purchase or sell a security, or to provide investment advice. ANY MEMBER WHO ENTERS THE TRADING PIT ACKNOWLEDGES THAT THE TRADING PIT OR ANY PART OF THE TRADING PIT DISCUSSIONS MAY BE RECORDED BY MIKI; AND THEREFORE ANY MEMBER ENTERING THE TRADING PIT HEREBY GIVES HIS/HER CONSENT TO BE RECORDED AND SUCH RECORDING MAY BE USED BY MIKI IN ANY LEGAL MANNER AND IN ANY MEDIUM MIKI DEEMS NECESSARY FOR PROMOTION, ILLUSTRATION, TESTIMONIAL OR ANY OTHER REASON WITHOUT ANY COMPENSATION DUE TO MEMBER WHO MAY HAVE BEEN RECORDED IN THE USED RECORDING.
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REMEMBER: You never go broke taking a profit. No need to be greedy, fearful, or anxious. Plan your trade and then trade your plan.
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The best way to make money in any environment is to follow the CARDINAL RULE OF MONEY and make your money work for you.
God Bless and remember…
Prosperity is the name of the game…
Get started…Create Your Own Economy and
MAKE IT AND KEEP IT!!!!
CLICK ON THE SPREADSHEET TO OPEN UP A LARGER VERSION.
The Table reflects total potential results made starting in JULY 2020. The account assumes a starting principal of $5,000 and all trades are based on the application of the money management system.
These are the trades made in the Trading Pit for the month through the previous Friday. These are not intended to show what you will make, however, these are the live trades discussed during the live Trading Pit.
I would hope that you can outperform these results, as these results are only from Tuesday, Wednesday and Thursday. More trades are available and made outside the Trading Pit, but those are not reflected here.
You can go back to the corresponding date of each trade and listen to the discussion of the trade listed.
Notice that sometimes we may be hesitant to make a trade for various reasons, do not take that as the only way to trade. Listen to the video and determine if you are comfortable with the set up of each trade and if you would have or would have not made the trade.
I am comfortable letting some trades pass by, because I did not like the set up or it violated the types of trades I outlined for myself in my trading plan.
Create your plan and stick to it. There are plenty of opportunities and they come around very frequently.
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