Q: If I am already a subscriber to the Monthly Trading Advisory how do I add the new Weekly Trading Advisory to my subscription?
A: You can add the Weekly Advisory 1 of 2 ways:
1 - You can subscribe to the Weekly Advisory independently and keep both the Monthly & Weekly Advisorys as separate subscriptions (monthly or annual subscriptions). This will result in different renewal transactions as the subscriptions will be independent of each other and will renew on their respective monthly/annual anniversary dates.
2 - You can subscribe to the Full Trading Services option which is a package of both the Monthly & Weekly Advisorys. This will create a new subscription for both Advisorys. If you select this option, after subscription simply send an email to
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
stating your original subscription date and I will initiate a refund payment to you for your original subscription's remaining unused portion. Refunds will be processed within 24 hours of receipt of your email notifying me of the refund. Also, if you select the Full Trading Services package, make sure you log into Paypal and cancel the original subscription recurring payment so you aren't renewed and billed by it again.
Q: How do I set up my trading account(s) if I want to trade both the Monthly & Weekly Trading Advisory?
A: You can trade both the Monthly & Weekly Advisorys in the following ways:
1 - If trading in the same account you can specify a percentage of trading capital to be traded per service (for instance: 60% to the Monthly Advisory & 40% to the Weekly Advisory). Then, you would allocate 20% per trade to the Monthly Advisory trading capital & 40% per trade to the Weekly Advisory trading capital.
Example $20k account: Using the example above, 60% or $12k would be assigned to the Monthly Advisory with 20% or $2400 being allocated per trade. 40% or $8k would be assigned to the Weekly Advisory with $3200 being allocated per trade.
*NOTE - I recomend no more than 25-30% of your total capital be allocated to Weekly trading. The 60/40 Monthly/Weekly allocation example above is for illustration purposes only.
2 - If your broker does not allow you to split your account by percentage for the separate services (like in the 1st example) you can simply calculate the respective amount per Advisory and per trade and set your allocations using specific dollar amounts.
3 - You can setup 2 separate accounts (at the same broker or separate brokers); 1 account dedicated to each service with the same per trade allocations as indicated in the above examples.
*Any of the above setups will work, it just depends on your preference.
Q: How do I initiate Autotrade for both the Monthly & Weekly Trading Advisory?
A: Since the Advisorys are separate, you must request autotrade separately for each Advisory that you wish to autotrade.
Q: How many trades are open at one time in the Monthly Advisory?
A: We usually have no more than 5-7 trades open at one time (including both call & put wings of Iron Condors).
Q: Are you 100% invested at all times?
A: Our trading strategy requires that we keep at least 20% of the portfolio in cash at all times for adjustment purposes or for new opportunities that pop up and are too good to pass up. Therefore, at no time here is no more than 80% of capital at risk.
Q: What is the minimum account size for trading?
A: There are no minimums on capital set by BookingAlpha. Check with your Broker for account minimums. However, we do not recommend trading with less than $5k as even with our performance gains get gobbled up by commissions fairly quickly at that level.
Q: Why don’t you autotrade with ThinkOrSwim?
A: We have attempted to partner with TOS for many months due to client demand. However, they inform us due to “compliance reasons” after their merger with TD Bank they are not working with any new autotrade partners. We continue to hound them monthly but the ball is in their court.
General FAQ’s:
Q: How do I cancel my subscription?
A: Your subscription can be canceled at any time. Simply:
1. Log in to your PayPal account
2. Click Profile near the top of the page
3. Click My money
4. Click Update in the My pre-approved payments section
5. Click Cancel or Cancel automatic billing and follow the instructions.
Simple as that!
Q: How does BookingAlpha calculate Performance?
A: We do not include commissions in our calculations; this is about the only industry standard we use. We use a Total Portfolio approach for performance calculation. This approach reflects the growth of the entire account even though we NEVER have more than 80% of our capital at risk with the remaining 20% (at minimum) in cash.
Q: Doesn’t this Total Portfolio approach understate BookingAlpha’s ROI?
A: YES. Our ROI (return on capital actually at risk) is much higher than our advertised performance due to the high cash reserve we keep. Our average capital at risk is 50-70% and never exceeds 80%. All capital not at risk is kept in cash. Performance returns are based on the entire portfolio, not just what was at risk.
Q: BookingAlpha only went online in 2010 but the track record reflects performance back to 2008?
A: We have operated an advisory service since 2006 outside of our hedge funds for family / friends that were not investment clients. We made the decision to make our services more widely available in 2010 by lunching BookingAlpha.com. The track record posted on the website reflects our performance prior to launching the website in mid 2010.
Q: Why is your service so affordably priced?
A: See our Home & About Us pages to learn why we have had enough and are helping regular investors that Wall Street has taken advantage of for too long.
