Winston vs Alfred
At All American Group, we offer two distinct algorithm-based options trading alert services: Alfred and Winston. While both are designed to help you navigate the complexities of the options market, they cater to different types of traders.
Let’s break down the key differences between Winston and Alfred to help you decide which service is best suited for your trading goals.
Alfred
Conservative Trading Approach
Alfred is designed for traders who prioritize stability and steady gains. This service focuses on minimizing risk by selecting trades that have a high probability of expiring worthless, which means you keep the entire without needing to make any adjustments throughout the day.
Daily Trading Opportunities
Alfred attempts to trade every day, giving you consistent opportunities to engage with the market. However, it fills trades 50-70% of the time, ensuring that the most promising trades are executed.
Simple and Uncomplicated
With Alfred, you’ll receive one trade per day, and there’s no need to worry about adjusting or rolling trades. This straightforward approach means you can set your trades and walk away, knowing minimal monitoring is required.
Smaller, Lower Risk
The trades selected by Alfred typically offer smaller, which aligns with its conservative strategy. This makes it an excellent choice for those who prefer a lower-risk, lower-reward approach.
SPX Trading and Market Close at 4pm
Alfred focuses on trading the S&P 500 Index (SPX), a popular and liquid market. The service adheres to the standard market close at 4pm, letting the positions expire worthless, making it easier to manage within a typical trading day.
Credit Spread Strategy
Alfred uses a credit spread strategy, which involves selling options at a higher and buying options at a lower. This strategy helps to limit potential losses while providing consistent income opportunities.
Winston
Aggressive Trading Approach
Higher Fill Rate
Flexible Trade Management
Greater, Higher Risk
Winston’s trades typically offer greater compared to Alfred, reflecting the increased risk and potential for higher profits. This makes Winston suitable for traders with a larger appetite for risk and reward.
SPY Trading and Extended Market Close
Winston focuses on trading the SPDR S&P 500 ETF Trust (SPY), which offers slightly different dynamics compared to SPX. Additionally, Winston operates until the market closes at 4:15pm in extended hours trading. However, Winston will close out its trading by 4pm, minimizing after hours risk.
Credit Spread Strategy with Lower Margin Requirements
Which One is Right for You?
Alfred
Ideal for traders who prefer a conservative approach, with minimal monitoring and a focus on stability. If you’re looking for consistent, lower-risk trades with smaller and fewer adjustments, Alfred is the perfect fit.
Winston
Suited for traders who are comfortable with a higher level of risk in exchange for greater rewards. If you’re interested in more frequent trading opportunities, higher, and the flexibility to adjust or roll trades, Winston is the way to go.
Get Started Today with a Free 14-day Trial
Whether you choose Alfred or Winston, All American Group is here to support your trading journey. Explore both services to see which one aligns best with your strategy, and take advantage of our powerful algorithm-based alerts to upgrade your trading experience.
Sign up today for a free 14-day trial!
