Hi all
Not everyone has access to a mentor, nor do we all learn equally well - some people can get by just with books, others need seminars and a very few can work it all out from basic principles, lol. Most traders work alone and that is why these type of messageboards exist - so we can help eachother.
Which way works best depends on the individual. I think most would agree that one to one is the fastest (mentor to pupil) approach but by far the most expensive (unless it's a friend willing to share their time). This is followed by small group tutorials, then seminars and , last and slowest, books/dvd's. Most people require a combination of approaches.
I've noticed some rather venomous posts in regards to the optionetics course. So, let me clarify a little, if I may.
I have paid my $3000 or so and did the course about four years ago. I have since then reattended the course SEVEN times for free (and am planning to reattend many more times)! Why, you ask, would anyone need to reattend such an excellent 2 day course? Answer: because options are quite complex and take a while to master. As a matter of fact the more you learn about them the more complex they appear, until you reach a point where it begins to sink in. The seminars are a BARGAIN - who else lets you reattend for the rest of your life for free?
The only valid criticism I have come across so far is that the course is presented in a too optimistic way initially - yes, one can make money immediately after the course but this entails a good grasp of what was taught over the two days (and one really needs to do some homework before attending - read the books and watch the dvd's beforehand) and not deviating from those basic concepts taught in the seminar. The seminars are important in many ways - fellow trader contact, motivation (very important), new ideas, refreshing of old ideas, review of material, an opportunity to speak to real traders and get your questions answered, accelerated learning, etc..
Finally, whatever happened to common sense? I notice that on this board many are quick to criticise and blame rather than taking some responsibility - surely noone is stupid enough to believe that you can become a proficient options trader after one weekend, let alone trading options for a living! Are people really that naive? If so then you should not even consider trading since you are obviously looking for a quick and easy buck.
ra1
Not everyone has access to a mentor, nor do we all learn equally well - some people can get by just with books, others need seminars and a very few can work it all out from basic principles, lol. Most traders work alone and that is why these type of messageboards exist - so we can help eachother.
Which way works best depends on the individual. I think most would agree that one to one is the fastest (mentor to pupil) approach but by far the most expensive (unless it's a friend willing to share their time). This is followed by small group tutorials, then seminars and , last and slowest, books/dvd's. Most people require a combination of approaches.
I've noticed some rather venomous posts in regards to the optionetics course. So, let me clarify a little, if I may.
I have paid my $3000 or so and did the course about four years ago. I have since then reattended the course SEVEN times for free (and am planning to reattend many more times)! Why, you ask, would anyone need to reattend such an excellent 2 day course? Answer: because options are quite complex and take a while to master. As a matter of fact the more you learn about them the more complex they appear, until you reach a point where it begins to sink in. The seminars are a BARGAIN - who else lets you reattend for the rest of your life for free?
The only valid criticism I have come across so far is that the course is presented in a too optimistic way initially - yes, one can make money immediately after the course but this entails a good grasp of what was taught over the two days (and one really needs to do some homework before attending - read the books and watch the dvd's beforehand) and not deviating from those basic concepts taught in the seminar. The seminars are important in many ways - fellow trader contact, motivation (very important), new ideas, refreshing of old ideas, review of material, an opportunity to speak to real traders and get your questions answered, accelerated learning, etc..
Finally, whatever happened to common sense? I notice that on this board many are quick to criticise and blame rather than taking some responsibility - surely noone is stupid enough to believe that you can become a proficient options trader after one weekend, let alone trading options for a living! Are people really that naive? If so then you should not even consider trading since you are obviously looking for a quick and easy buck.
ra1
