The SCAM of Options Trading Pro

I was a young man with dreams of riches. I could think of nothing better than to sit back and let the money roll in.

What luck! I saw an advertisement for just what I wanted! I could learn options trading without risking any of my own money. How could that possibly work? How could I learn (arguably) one of the most powerful trading tools on the planet without risking my own money? I had to get it.

For starters, the book was impossible to read i you didn't have an MBA. But, I dilligently read through it. Even though it wasn't more than about 150 pages, I think it took me a couple of weeks.

Now, I'm going to let you in on the secret. It may be the biggest marketing ploys I've ever heard. Don't get me wrong. It TOTALLY worked on me. Once. Never again. OK, here it is:

You learn to trade options by pretending that you put in $X and pretending that you have made trades. That's it. They teach you to follow the system by playing make believe with a pencil and paper.

Great. I had no money and thought that I could make money without investing anything. sweet

Let me answer the second question first. In short, options are a way to trade on the stock market. If you don't have the stomach for the stock market, STOP READING NOW.

OK, those of you still with me, let's go on.

Options allow you to utilize leverage. What do I mean by that? Well, if a stock is selling for $10, and you want that stock, you need to pay $10. With an option, however, you may get away with buying into that same company for $1. Or, if you do the math, if you're still willing to pay $10 to get into that company, you would then get 100 shares.

You're not buying a stock, you're buying the right to buy the stock at a certain price in the future. Why would you do this? Well, let's saw you buy an option for a dollar that you can buy a certain number of stocks for $10 a share a year from now. If that stock goes up to $20 a share, you exercise your option, buy at $10 a share, and IMMEDIATELY sell them for $20. Had you made a regular stock purchase, you would have doubled your money ($10 doubled is $20). Pretty good.

However, with your one dollar option purchase, you made TWENTY TIMES your original investment. Now, stocks don't often double like that, but you get the idea.

This is just part of the power of options. To learn a little bit more, you can find a lot of free information here.

Well, for starters, they don't offer impossible dreams.

They tell you, right up front, that you will need money to invest. (Incidentally, they used these techniques turn a $650 investment into $75,000.)

They tell you that you may lose money. (Using these techniques, he claims that your odds of losing money is somewhere around 20%. Better than Vegas)

Frankly, I appreciate that kind of honesty in a letter. I don't want to find out after I buy something the possible downsides. I want to know everything right up front, and I think that Options Trading Pro does a pretty good job.

This is a 12 module video series. It is comprehensive in regards to David Vallieres and Mike Doering's options trading strategy. You can download the videos right to your computer and start studying immediately.

I like to learn from videos. Especially after trying to plow my way through that original "course" that I purchased in my youth.

If you are a complete beginner in options trading, they do not hesitate to point you in the right direction to learn the basics.

You can learn to make money whether the stock market goes up, down, or sideways. Pretty powerful stull

Online Trading Pro gives you some powerhouse strategies to manage risk and MAKE MONEY with the smallest investment possible for the highest rewards.

They really let it all hang out. Giving you strategies to maximize your odds of making money in options trading.

It is a 12 part video series. Consequently, you will need to spend time learning the systems to put into place. Fortunately, once learned, you can basically set your investments on autopilot and spend about 15 minutes a day checking your picks.

This is not a "comprehensive" course. You do need to have some background in options. (If you've read this far and gotten my two bits on options, you probably have enough background to make the course worthwhile.)

You have to make your own decisions. This is not a site that will tell you the magical pick of the day. This course is about giving you the knowledge and tools that you need to make the best possible decisions. If you really want someone to spoon feed you picks, there are a number of other sites that you can go to. Then, you can just blame them for losing all your money. Or, if Jimmy the Greek is still around, you can give him a call.

You can lose money trading options. There. I said it. You need to be prepared for this possibility. If you don't understand or misuse the information in the course, you may lose money. (Of course, you can lose money trading stocks, gambling, or, as we all know, buying a house.)

You do need to have some capital to get into it. You can't start trading options for free, as I hope you learned in my initial cautionary tale.

It takes time to grow your money. Stocks, over the long haul, will get you about 10%. (Long haul being more than 10 years.) Options can get you more money faster with less investment.

If you are truly interested in learning a solid strategy to leverage your money, learn options trading, and make money from your home with options trading, Options Trading Pro is an excellent choice.

The authors also offer access to their monthly newsletter to get their latest techniques. It's not cheap, but the first month is only ten bucks for you to see if you can handle the information provided.

Also, they will give you free, ongoing support either through a private email or through access to a blog so that all of their students can learn from each other's questions.

Finally, David Vallieres and Mike Doering plan on putting on an online seminar and the purcase of the course will be applied to the seminar. DO NOT sign up for the seminar without first going through their course. You will be lost.

If you think that you have what it takes to become proficient in online option trading, click here for more information.