Sales Manual TX 2018

He is buying directional puts and calls, so very simple. The system that he uses is what you
would call a Breakout Momentum Trend following strategy. What he is looking for is a new
high or a new low over a 21 day period.
Does this make sense?
Ok great, once that new high or new low is made what he is going to do is buy options on
the ETF. Now, once we are in the trade he uses what’s called the “Average True Range” to
determine how much risk per trade he should be taking.
Are you familiar with what the Average True Range is?
(If they say No: Basically it is an indicator that measure high’s and low’s over a certain
period of time, in this case Russell is looking at 15days. This way he knows how much risk
he should be taking in each trade and where to put his profit target, make sense?)
Now if we lose 50% of the option premium we are going to exit the trade right away,
Russell does not mind taking a loss here or there, the philosophy with this program is to cut
your losses short and let your winners run and I’m sure you would agree with that right?
Ok great and just so you know the winning trades are outweighing the trades at a 3 to 1
ratio! Pretty impressive right? Great. Now on the upside when we are in a trade and it is in
profit Russell uses a trailing profit target which will trail the price of the market at about a
10% to 20% retracement in order to let those winners really run, so you will never get the
entire move but you will get the lion share of it, does that make sense?
The bottom line is that Russell, and his use of proper risk management Turtle rules will
protect themselves and their clients! His main goal is capital preservation, and with capital
preservation will come profitability as I’m sure you would agree right?
Russell has a few options in the way you can trade his services, either on your own, where
all of the updates and recommendations are sent out and emailed directly to you, or you
can set up with an auto-traded brokerage firm designed to auto-trade his service, and
they’ve been doing so for many years for the Turtles subscribers. Regardless of how you
trade this you will be able to replicate and mirror what he is doing at all times. Also, you can
learn this strategy if you prefer, not only will you get the full training manual but you will
also get to work with Russell Sands and his team directly if you choose to, you