Thursday, January 28, 2010

Re: [TheOptionClub.com] Re: Power Options Applied

 

Thank you very much. I just thought I might "learn to fish" while watching expert fishermen catch some for me. I'm trying to learn all I can. My main lack of understanding, right now, because of lack of experience in trading, is what to do if my short options are exercised.

From: TheOptionClub <chris@theoptionclub.com>
To: OptionClub@yahoogroups.com
Sent: Thu, January 28, 2010 10:26:51 AM
Subject: [TheOptionClub.com] Re: Power Options Applied

 

I don't know anything about Power Options "Optium" service. If they are
hitting the numbers and its affordable, that's great. I'm just at a
point where I have a hard time with most trade advisory services.

The problem is that people try to substitute the trade advisory for
sound financial forethought and planning. Condor Options, Power
Options, these guys don't know what's in your portfolio, what your risk
tolerance is, or anything about your financial objectives or time line.
Yet, let's let them trade the account.... They're a crutch and I think
they tend to get in the way of people learning to trade for themselves.

It's all the "teach a man to fish..." thing.

Christopher Smith
TheOptionClub. com

--- In OptionClub@yahoogro ups.com, Mike Cleveland <mikeandjody1996@ ...>
wrote:
>
> Chris, I know that you recommend Condor Options, but have you looked
into Power Options Applied with either their "Chromium" or their
"Optium" Iron Condor trading systems? They have a long track record of
higher profits, and are much less expensive. I'm not recommending them
at all, just wondering if you have checked into them.
>
> Thank you.
>


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