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The Truth About Most Option Trading Seminars
Are you about to pay thousands of US Dollars to attend an option trading seminar thisweekend?Whether or not you have decided to join that weekend seminar, I hope I can help youmake a more intelligent decision here.
A Grim Experience At An Option Trading Seminar
I had a friend who joined a weekend, 2 days, option trading seminar (a very well-knownone by the way), promising that every participant will walk away with enough knowledgeto profit at any market condition and be on their way to their first million just by optiontrading. He paid USD$3000 for the 2 days seminar and walked away feeling all hyped up but totally confused as to how exactly to start option trading. He was then told to sign upfor an advanced course for another USD$5000 for 4 days. That 4 days seminar taughthim little more than option trading basics and how to open a trading account but stillcompletely no idea whatsoever as to how to read the market and pick stocks on which totrade options in the first place. He was then asked to buy a USD$6000 laptop containinga magical software that will tell him exactly what to trade daily. That software turned outabout a hundred opportunities a day… again, he is totally confused.After paying a grand total of USD$11,000, my friend had completely no idea how to starttrading options consistently and you guessed it, he ran into another USD$11,000.00 incredit card debt which he is still paying 24% per annum of interest on. (Not to mentionlosing another USD$5000.00 on losing trades produced by that “magical software”)
The Truth About Most Option Trading Seminars
The truth about options tradingseminars these days are that they are conducted by people who claimed to have made millions from option trading but are really making millions byconducting seminars like that.Here’s a math from an internationally acclaimed option trading “guru” who chargesUSD$2500.00 for her 4 days seminars:Cost Per Head : USD$2500.00Average Number of Participants : 120Average Number of Seminars Per Month : 2Average Gross Takings Per Month : USD$600,000.00Average Gross Takings Per Year : USD$7.2 MILLION!See how these option trading “gurus” are really making their millions? 
What Option Trading Seminars Really Teach
Sadly, most option trading seminars have nothing magical nor proprietary to teach. Mostof these option trading seminars simply teach people what option trading can do and howto do some of the common option trading strategies which anyone can learn completelyfor FREE on option trading sites likeOptionTradingpedia.com.
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