Gold and Oil Trading faq's
Got Questions?
I've got answers. Here are my answers to your most frequent questions.
Q: What is TheGoldAndOilGuy.com service and who is Chris Vermeulen?
A: TheGoldAndOilGuy.com is owned and run by me (Chris Vermeulen) an individual gold trading specialist. After sharing my gold analysis with friends, traders and financial advisors, I decided to make TheGoldAndOilGuy.com my full time job in 2003. This service was designed from the ground up to help individual traders who want to focus on consistent, accurate and profitable trades. Over the past 10 years my strategy has been refined to one golden trading vehicle which has an almost 100% accuracy. The GLD (DGP & DZZ) gold exchange traded funds are now the most accurate trading vehicle I have seen, so it's my vehicle of choice. Members of TheGoldAndOilGuy.com not only get to trade my signals, but see my live trading charts and ask me all the questions they wish. My goal is for all of us to make money and have fun in life.
Q: Do members learn the trading strategy?
A: Some members just want my trading signals while others want to learn everything they can. To be honest, the strategy is very simple. If you read my trading guide and use my service for one year, you will learn everything about my strategy which you can apply to any other investments like stocks, options, futures and currencies. You will have seen and made enough profitable trading setups to make your own trading decisions.
Q: How easy is it to see a trade setup?
A: Generally look at my 8-10 charts and within 10 minutes know what to do -- either stay in cash, enter a position or exit a position. It's really that simple.
Q: What is an exchange traded funds (ETF's)?
A: Exchange traded funds are not mutual funds. An ETF fund trades the same as individual stocks allowing you to trade them during normal market hours. These funds own several different companies within the specific sector or group allowing you to profit from supply/demand. GLD fund has been my main focus for the last few years and owns a large quantity of gold bullion. This gold ETF trades at 1/10th the price of gold.
Q: What are Golden Rockets?
A: Golden Rockets are gold stocks that look ready for a large move (50% - 800%). While these do not happen often, I do keep tabs on stocks during major gold buy and sell signals. When I have spotted a Rocket I will send a special alert to my members.
Q: How often do you have buy and sell signals?
A: Generally I have 8-10 trades a year for the GLD gold bullion fund. This is one reason why I really like it so much. I focus on locking in 2-5% profit on my entire trading portfolio each trade. If I can do this 8-10 times a year the profits really start to add up. There are more trading signals in year if you trade the other funds in my service.
Q: Which investing / trading signals provide more profit?
A: GLD is the most accurate and does not provide as much profit potential as the other trading vehicles. I provide signals for DGP, DZZ, GDX, ASA, XGD.TO, SLV and USO. The risk is much higher due to the volatility of these gold stock ETF's thus having a higher loss to win ratio.
Q: How do you provide the trading signals?
A: The trading signals are posted in the Member Message Center area on the website. The site is updated each afternoon around 2pm and again after the market close. If there is a possible buy signal you will be sent an email alert with the information needed to enter or exit a trade. Periodic Sector Reports are sent out to keep you completely focused on the movement of gold.
Q: Do you trade our money for us?
A: Sorry, I do not manage client's money. But my service makes it simple for anyone to trade their own money with an online trading account. I recommend you use www.InteractiveBrokers.com as they have literally the best executions, service, tools and prices for trading any market in the world.
Q: Do you sell clients email address and other personal information?
A: No, I do not share your personal information with other individuals, sites, or services. Once in a while I may send some useful information from one of my affiliate sites, but only if I think it will be of use to you.
Q: Are the membership payments reoccurring?
A: Yes, all of the memberships are reoccurring for your convenience. All memberships can be canceled by simply sending me an email, or you can cancel through my billing company Paypal.com
Q: What are the GOLD STOCK SIGNALS, and GOLD FUTURES SIGNALS buttons on the Free Reports page?
A: I am affiliated with another company called INO and use these services as well. I truly believe in their service and think they can help improve any trader's performance with valuable charting, tools, and online trading seminars to help you learn about funds, stocks, options, currency and futures.
If you have a question that was not answered please send me an email and I will get back to you as soon as possible.
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