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Optionetics ®
® in no way endorses or is affiliated with "zsn.org".
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Optionetics ®
has both advocates and adversaries. While doing our research we ran into
both sides. One of our readers was kind enough to provide us with a review
of Optionetics ® that wasn't favorable. Because we are not affiliated with
Optionetics ® we'd like to provide all the information that we can so that
you can make an informed decision about stock option trading. When investing
for your future, we want you to make money.
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| Optionetics ®
like others I'm aware of are pitched initially at the novice and as such
have a useful and informative overview of how one can make money, however
their focus is less on the mechanics of options; what they are, why the
exist, how they work etc; and prefer to focus on a very specific trading
methodology with tight rules. The disciplined trader can certainly reasonably
expect to achieve 60-80% successful trades if they follow the method exactly;
no room for interpretation. The approach tends also to a higher active role
than some others, i.e. assuming that traders are awake during trading hours,
and/or that they have alert systems like cell phone messages etc. One of
the others that caters to entry level options trading tends to labour
the mechanics of options and heavily on chart analysis, but is similar to
Optionetics ® in that a strictly defined trading methodology is employed,
which if adhered to exactly, will certainly achieve results. Where the challenge
lies is that IMO the vast majority of entry level options traders will struggle
with the discipline part initially and losses can easily result, with disappointment
soon after, not to mention potential for financial losses. Discipline also
assumes the options trader actually does understand the method precisely,
and executes by the book. Optionetics ® like others progresses to more advanced techniques as their disciples become more experienced. I applaud these efforts to demystify options trading, however I would guess that the 'conversion rate' from trainees to successful traders/writers is very small, and one could be forgiven for assuming there's a good living to be made teaching; or they wouldn't bother. Anyone remotely interested in trading using leverage, and has an analytical streak should treat themselves to a course. Who knows, they might be one of the few who progress (% wise) to great achievements. |
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