BLACK TRADER
Private Registration

The iFT Black Team will consist of no more than 50 hand-selected traders who Oliver has identified as possessing the passion, dedication and the most determination to succeed and go-through whatever it takes to become successful as traders.

Black Defined

The name was decided on to denote two key characteristics of the group, secrecy and profitability. First secrecy. “Black” is often used as a generic term for any important activity that is hidden or secret. For example, some activities by military and Intel agencies are funded by a classified “black budget” of which the details, and sometimes even the totals, are hidden from the public and from most congressional oversight. We as a group will operate like this, largely in secret, just as most very profitable traders and elite trading organizations do. No one outside of our Black Ops group will know what we are doing or exactly how we are doing it, until after it is done. This secrecy will become increasingly more important if the group’s notoriety and trading size grows. In time, we could have even to hide from our own clearing firms to preserve our level of consistency and profitability. Second and most importantly, the word “black” or the term “in the black” is derived from the standard accounting practice of using black ink, as opposed to red ink, to denote positive values, especially a net income. If I am profitable trading and am followed on any given day, so will each elite member of my Black Team be. We trade as a group and leave no member behind. That is this elite group’s motto. We all succeed.

Benefits of Black

  • You Can Trade Live Now – There are no delays; No sim trading necessary. No test or trial period.
  • Trade Live Each Day With OV. – Every day I trade, you will trade with me as a member of my elite Black Team.
  • Special “HotKey” Training from OV – Over time you will be taught the exact hotkey system Oliver uses.
  • Execution Tactics – You will learn how to execute trades professionally via the various routes and exchanges and in due time how to hide your orders within the dark pools.
  • Highest Odds of Profitability Now – The odds of success of Black Members are much higher than any other group Oliver works with.
  • Once your membership is up, none of the benefits enjoyed go away.

Cons of Black

1. There is a one-time, upfront cost to be involved, but I believe this cost will pale in comparison to the benefits derived over an entire year.

2. You give up 30% of your profits (more on this below).

3. A Black Team Membership is only 12 months, renewals after 12 months will be available on a month-by-month basis.

4. You must fund your own trading account.

5. There are no refunds of the upfront fee or percentage of trading profits under any circumstances for any reasons whatsoever.

Details of Black

1. If you are ONLY a U.S. Citizen, you will need to obtain Series 57 Licensing.  There will be a representative to assist you in this regard.  Obtaining a Series 57 License involves the following 3 steps in the following order:

  • Application Form
  • Brief Background Check
  • Exam
If you are interested in being a member but believe this may be a problem, there might be other solutions depending on your personal circumstances.

2. You must fund your account with a minimum of $5,000. $10,000 and above is preferred, but $5,000 will do if that is a stretch at the moment. This is better than the $25,000 required to pattern day trade by all U.S. brokerage firms. Remember, as a professional trader, you have more rights and freedoms than do retail traders.

3. Your profits are available anytime.

4. You will earn 70% of all profits, payable monthly. This is why the membership is only 12 months long. Once you are truly on your way, most traders will want to move on to earn up to 90% of the profits they now know how to make.

5. The trading commission rate will be $5.00 per thousand shares or 50 cents every 100 shares or one half penny per share.  It’s higher than iFT’s group rate, but after all, we are only 50 traders.  Because we add liquidity a high percentage of the time in our trading, this rate is largely offset.  Additionally, once our volume expands, we may be able to negotiate this rate down.

6. Once your membership is up, nothing will change except your share of profits, in your favor of course. Your fees will remain the same. Your account will remain the same.

7. You can trade your account as you like with the restrictions the clearing firm places on it. Keep in mind that your account will still have maximum daily and weekly draw down amounts imposed on it by the clearing firm.

COST:

1. The one-time, upfront iFT Black Membership Fee is $10,000. For all my current and past mentor-ship students, I’m reducing the fee to $7,000. That translates to $583,00 per month. Consider the potential of the group’s trading results, and the experienced gained by having the potential to be with Oliver every single trading morning.

2. After the 12-month iFT Black membership is up, month-to-month renewals can be obtained at the same rate stated above.

3. 30% of your account’s profitability goes to the firm, during any month you are enrolled as an iFT Black member.

Black Notes

  • Enrollment starts now.
  • Only limited spots are available.
  • There are no payment plans.
  • This is not a guarantee of profitability. Nothing is.
  • You begin the Monday after your payment.
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