Thursday, January 28, 2010

[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@yahoogroups.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.
>

__._,_.___
The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

To unsubscribe from TheOptionClub, send an email to:
OptionClub-unsubscribe@yahoogroups.com
.

__,_._,___

No comments:

Post a Comment