AutoTrade Overview and Frequently Asked Questions

Overview

AutoTrade is a service for tradeMONSTER™ brokerage customers that provides support for third-party subscription trading services such as optionMONSTER®'s InsideOptions™ or Open Order. In order to use AutoTrade, you must first subscribe to one of the following services:

InsideOptions™	3-5 ideas per week
Open Order Pro	2-3 ideas per week
Open Order	1 idea per week

optionMONSTER® is pleased to offer a 20 percent discount to subscribers who take advantage of the AutoTrade service. This offer is good for new or established subscribers. Normal commission rates apply to autotrade executions on the tradeMONSTER™ platform.

First Things First

• AutoTrade positions are entered as day limit-orders. Orders not filled by the end of the trading day will expire and will not renew unless optionMONSTER® resubmits the order the next day. You must check your account to confirm whether an order has been executed.
• AutoTrade positions will be executed based on instructions from optionMONSTER®. These instructions will be published on the site, and also delivered by email if you have enabled that feature. (Manage your email alerts here.) If you manually intervene and partially close out a position, the remaining portion of that trade will remain in your account and will need to be manually closed out.
• On tradeMONSTER™, if you select 'Stop All Trading,' you will stop any automatic liquidations of existing positions in your account; you must manually (i.e., personally) close any positions even though they were opened via AutoTrade.
• The FAQ below addresses common concerns. If yours isn't, contact us directly:
  1) if your question regards your tradeMONSTER™ brokerage account, call Customer Service at (312) 488-4400, or
  2) if it involves an optionMONSTER® subscription, get in touch with Sarah Heller at (312) 488-4347.

FAQs

1. What is AutoTrade?
2. How do I register for AutoTrade?
3. What is a Limited Trading Authorization?
4. Are executions guaranteed with Autotrading?
5. What are the allocation methods that tradeMONSTER™ offers for AutoTrade?
6. What happens if I do not have sufficient buying power in my tradeMONSTER™ account to execute a trade?
7. What is the minimum amount required to AutoTrade?
8. How much should I spend per trade?
9. How do I know if an AutoTrade trade has been made in my account?
10. If my subscription expires, will a closing order for any positions opened during my subscription be entered?
11. If I purchase shares/contracts on my own, in addition to optionMONSTER®'s recommendation, will AutoTrade close the additional shares/contracts out consistent with the closing order submitted by optionMONSTER®?
12. Can I close or partially close a position before optionMONSTER® recommends that I do so?
13. What is the difference between the account setting "Stop all trading" and "No new allocation"?
14. Help! I don't see my question answered here? What should I do next?

1. What is AutoTrade?

   AutoTrade is an automated trading service offered by tradeMONSTER™ to subscribers of participating investment services, including optionMONSTER®'s services. By signing up for AutoTrade you authorize tradeMONSTER™ to execute trades in your tradeMONSTER™ account based on the strategy and allocation you have designated. AutoTrade is a free service. Standard tradeMONSTER™ commissions apply.

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2. How do I register for AutoTrade?

   The first step is to confirm that your optionMONSTER® subscription is active on the Manage Account page. Next you must complete and submit the terms and conditions, as well as the AutoTrade Limited Trading Authorization agreement. Finally you will need to log into your tradeMONSTER™ account and set it up to AutoTrade your optionMONSTER® subscription. This can be done by following the AutoTrade links on the Account Management page of your tradeMONSTER™ account.

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3. What is a Limited Trading Authorization?

   A Limited Trading Authorization (LTA) is a document you sign so you can provide tradeMONSTER™ permission to execute trades that your investment newsletter (or advisory service) has recommended in your account(s).

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4. Are executions guaranteed with Autotrading?

   tradeMONSTER™ offers the AutoTrade service to you on a 'best effort, not-held' basis. We make every effort to enter the recommendations of investment publishers as quickly and efficiently as possible. While our systems are designed to ensure timely handling of orders, orders are subject to risk from errors of electronic systems, communications, markets and timing. Please be aware that other factors such as insufficient buying power in an account or subscription lapses may cause missed trades. In addition the same risks and terms and conditions apply to AutoTrades as they do with any other trade on the tradeMONSTER™ site.

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5. What are the allocation methods that tradeMONSTER™ offers for AutoTrade?

   tradeMONSTER™ AutoTrade allows you to choose from the following methods:

   • Specified Quantity of Shares/Contracts
   • Specified Buying Power Amount
   • % of Buying Power
   • % of Net Liquidation Value

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6. What happens if I do not have sufficient buying power in my tradeMONSTER™ account to execute a trade?

   If there are insufficient funds in the account to execute an optionMONSTER® trade idea, no new trade will be made in your account.

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7. What is the minimum amount required to AutoTrade?

   tradeMONSTER™ does not require any account minimums. Please be advised, however, that there is a $2,000 minimum account balance required in order to trade on margin. The requirement is that of our regulator, FINRA, and cannot be altered. Trading on margin applies not only to borrowing money and/or securities but also to complex option positions, such as "spreads". In all cases margined positions requires a $2,000 minimum equity balance to hold.

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8. How much should I spend per trade?

   It is your responsibility to determine how much to allocate to each trade recommendation. While some investment publishers do offer such recommendations, such decisions are highly personal, and optionMONSTER® believes you will make better decisions about your risk tolerance than we can.

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9. How do I know if an AutoTrade trade has been made in my account?

   tradeMONSTER™ does not provide any special subscriber notification of a trade. You must log into your account to see any activity that has occurred. Alternately, the tradeMONSTER™ platform enables you to receive email notification of executed trades. (Note: This feature is not limited to AutoTrade: If you choose to receive email notification, you will receive them for every trade that you make on tradeMONSTER™.)

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10. If my subscription expires, will a closing order for any positions opened during my subscription be entered?

    Yes, for the purposes of this AutoTrading program, your tradeMONSTER™ account will be considered 'active' until all the positions you entered while your optionMONSTER® subscription was valid are closed. When optionMONSTER® indicates a trade is to be closed, tradeMONSTER™ will close your positions even after your subscription has expired. Your account will be considered "inactive" once a your optionMONSTER® subscription has expired, and your account will no longer be traded automatically. tradeMONSTER™ will not enter any new positions once your optionMONSTER® subscription has ended.

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11. If I purchase shares/contracts on my own, in addition to optionMONSTER®'s recommendation, will AutoTrade close the additional shares/contracts out consistent with the closing order submitted by optionMONSTER®?

    No. tradeMONSTER™ will only close out the shares originally purchased by result of optionMONSTER®'s submission. Any additional shares/contracts will be your responsibility to manage.

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12. Can I close or partially close a position before optionMONSTER® recommends that I do so?

    Yes. You can completely close a position prior to the closing order being issued by optionMONSTER®. In the case that you decide to partially close a position prior to optionMONSTER® entering a closing recommendation, the amount that remains from the original opening order will be closed with optionMONSTER®'s closing order. However, please be advised that in the event you partially close a position and it changes the ratio of an option strategy, the closing order submitted by optionMONSTER® will be rejected if it does not reflect the ratio of the partial position remaining. In other words, be careful about 'spread' positions.

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13. What is the difference between the account setting "Stop all trading" and "No new allocation"?

    Stop all trading - No AutoTrade recommendations will be placed in your account, meaning that any AutoTrade opening positions will remain until manually closed out by yourself. No new allocations - This setting will allow any existing opening recommendation positions to be closed out, while not allowing any new opening AutoTrade positions to be established.

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14. Help! I don't see my question answered here? What should I do next?

    If you have a question about your tradeMONSTER™ account, call or email the customer service team at (312 488-4400. If you're primarily interested in optionMONSTER® subscription, please contact Sarah Heller at (312) 488-4347.

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