Optionetics - any experience


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lana2005   
Member since: Feb 06
Posts: 545
Location: Toronto

Post ID: #PID Posted on: 20-02-06 18:53:12

Does anybody have enrolled in Optionetics training?

Is their guarantee of tripling your investment in tution cost in 6 months too good to be true?

Please share your expriences?

Thnx in advance



peacock1   
Member since: Jul 04
Posts: 1040
Location: Woodbridge

Post ID: #PID Posted on: 21-02-06 10:22:31

Hi Iana,
If you get any inf please share on this thread, even I am interested to find in details.


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NorthAlberta   
Member since: Jul 04
Posts: 195
Location: Beef and Bacon Country

Post ID: #PID Posted on: 21-02-06 11:08:50

Any one giving guarantee about investments is basically fooling you. No pundit in the world knows how stocks move. If that was the case anyone can convert one dollar into 100 Thousand dollars in a matter of one year.


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"Ever dance with the devil in the pale moon light?"
"I always ask that of all my prey."
"I just like the sound of it."


lana2005   
Member since: Feb 06
Posts: 545
Location: Toronto

Post ID: #PID Posted on: 21-02-06 11:53:50

I thought I would give some details. Optionetics markets their training courses. The investment in the training course is about $ 3k. Two days workshop only. My understanding of how it works is you buy shares in a certain company. Then you immediately buy options which is like insurance against the loss. So you pay premium for a period. In this period if the share price goes down the insurer gives your loss back. Everything is legal. You insure thru the stock exchange in my case it would be Toronto Stock Exchange. So if the price goes up you sell the shares and price goes down you sell your shares and collect losses from insurer. The gurantee is that you would make triple your investment of $ 3k in 6 months.

Sounds good in principle. Just wanted to know if anybody has any experience. The guy who developed the program is a retired fund manager.



NorthAlberta   
Member since: Jul 04
Posts: 195
Location: Beef and Bacon Country

Post ID: #PID Posted on: 21-02-06 11:54:40

sounds too good to be true.


-----------------------------------------------------------------
"Ever dance with the devil in the pale moon light?"
"I always ask that of all my prey."
"I just like the sound of it."




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