I reveived an E-mail from Optionetics offering a free 2 hour Online Trading Workshop whose come on was:
It was chock 'FULL OF' the usual easy money cliche's such as:
"make 5-10g a month"
"pay for your child's education"
"profit regardless of market direction or which way the stock goes"
"triple you money in 2-3 years as you earn 2-3% a month"
"limited risk with high reward"
ad nauseum.
Apart from 1/2 the time spent on the sales pitch, there were light bulb moments like buying straddles before earnings announcements (to profit no matter which way the stock goes) and buying more puts than shares held in order to prevent portfolio loss (every month).
And in what was implied and purported to be live, it was amusing that the lecturer noted that the DJIA hit 11,800 today and that tomorrow was January expiration. Uh huh...
Well, at least I won a lot more games of Free Cell than I lost during the shoveling
RUN, don't walk away from them.
Out of curiosity I attended. Ya never know, might learn something new.
It was chock 'FULL OF' the usual easy money cliche's such as:
"make 5-10g a month"
"pay for your child's education"
"profit regardless of market direction or which way the stock goes"
"triple you money in 2-3 years as you earn 2-3% a month"
"limited risk with high reward"
ad nauseum.
Apart from 1/2 the time spent on the sales pitch, there were light bulb moments like buying straddles before earnings announcements (to profit no matter which way the stock goes) and buying more puts than shares held in order to prevent portfolio loss (every month).
And in what was implied and purported to be live, it was amusing that the lecturer noted that the DJIA hit 11,800 today and that tomorrow was January expiration. Uh huh...
Well, at least I won a lot more games of Free Cell than I lost during the shoveling
RUN, don't walk away from them.
If they say it, then it MUST be true!