SaferTrader

Learning the principles of the Monthly Income Machine is straight forward. After the reading, most readers of the book are ready to use the Machine.

Apprentices begin the use of the Machine by paper trading and monitoring 2 to 3 stock/ETF/index symbols. When the skills are matured, experienced users want to identify opportunities of more symbols. Although many opportunities exist in the markets, credit spread candidates (which is interchangeably called as “credit spreads” on the SaferTrader website) satisfying the entry rules are not easily identified. Scanning the entire markets can be a time consuming process for some people, because multiple information sources (e.g., option quotes, fundamentals, etc.) have to be integrated and manual work may be involved.

Based on frequent requests from our readers, SaferTrader built proprietary software to automate the screening process