Frequently Asked Questions (FAQs)

This page contains our Frequently Asked Question (FAQs).  If you have a question that is not covered, please feel free to contact us.

System FAQs

Q. How much money do I need to trade the EdgeTrades System?
A.  You should have invesment funds of at least $20,000.    Do not trade money that you cannot afford to lose.  Trading is risky.

Q. Are you guaranteed a profit with EdgeTrades?
A. No.  Nobody can do this for you in the stock market.  

Q. Does EdgeTrades produce a lot of trades?
A. Yes.  Make sure you choose broker with low transaction fees.  

Q. Will there be tons of trades on my tax return?
A. Yes.  Make sure your broker generates a good report for use in tax preparation.  Some brokers now generate a US 1040 Schedule-D-1 for you.  This will save you from paperwork hassles at tax time.

Q. Is this day trading?  I heard that was bad.
A. EdgeTrades is considered a swing trading system.  Trades usually take a few days to mature.  The "average" trade is closed after 2.86 days.

Q. Is EdgeTrades available for non-US subscribers?
A. We only scan US based stocks that have membership in the S&P 500.  If you can trade these stocks from your location, then you are welcome to subscribe to EdgeTrades.

Q. Can I trade your system's stock picks using call options?
A. We do NOT recommend it, however, you are welcome to try.  The problem is that options are trickier to play than they appear on the surface.  Even if you are right about a stock's direction, you can still lose money on your call options due to time decay and decline of volatility, etc.    Option volume is another issue, since some of these stocks do not have an active options market.

Subscription FAQs

Q. How much does it cost?
A. Subscriptions start as low as $20/month, paid annually.

Q. Can I get a refund for any unused portion of my subscription? 
A. No. 

Q. What do I need to sign up?
A. A Email account is required.  A PayPal account is optional

Q. What do you mean that a PayPal account is optional? 
A. We always receive our funds through PayPal.  You can use your PayPal account funds or you can use PayPal as a "Guest" and simply provide your credit card information.  All credit card payments are processed via PayPal.

Q. Will EdgeTrades have access to my credit card information?
A. No.  Only PayPal has access to credit card information.

Q. What are the steps to sign up?
A. Follow these steps:
  1. Go to Subscribe Now page.
  2. Select your preferred payment option and complete your transaction.  
  3. Confirm Email Subscription.  Once we receive payment, we will add you to our mail system.  You will receive an email to confirm your subscription.  Click the Yes, subscribe me to this list  button.  This gives us your permission to send the nightly emails you.
Q. How do I cancel my subscription?
A. Your subscription does not automatically renew.  It will terminate at the end of your subscription period.  We will be notify you when it is time to renew.

Q. What happens if I click "Unsubscribe" on the nightly email?  
A. Clicking "Unsubscribe" only removes your name from the nightly email list.  This does not generate a refund.