Another YT 'guru' selling an options course (that doesn't even exist)

caroy · Aug 30, 2021

ffs1001 said:
I don't normally spend time on these sorts of things, but I quite enjoyed some videos by a chappie called Nameer Haddad on a YouTube channel called Options Tycoon.

In the text bit, there's an offer of a FREE masterclass, and when you click the link (https://optionstycoon.com/masterclass) you get a webpage with an error. Pressing the 'Go to Home Page' gets you to enter your email address so that he can alert you when the 'masterclass' is available. For laughs, I provided by dummy email address and I received an amazing opportunity. Check this out - he'd given me the right to buy an options course that he's thinking of writing, for a MASSIVE early-bird discount of 50%.
Note that this course doesn't actually exist yet (he makes that clear). However, if and when, he decides to create it, then I can have it for the bargain sum of $499 rather than the public price of $997. How lucky am I?

Oh, and it's non-refundable.

And....and....to get this once-in-a-lifetime bargain, I need to respond within 24 hours.

So, I have the opportunity to sent $499 to a stranger on the internet, for something that he admits himself doesn't yet exist (and maybe never will), and even if it did exist, one day, it could simply be a cut and past of Investopedia articles.

OMG. What should I do, guys? Need advice.

Here's his email giving full details :

The new course will be focused on selling Options for generating a consistent income while minimizing risk significantly; the unique thing about it is that it’ll have a high probability of profit with almost a 1-to-1 risk/reward, which is something you can’t achieve with the conventional strategies.

It’s an amalgamation of different strategies, tweaked, optimized, and fused into one.

Here’s how it is structured:

Module 1. Introduction.

Module 2. I discuss the problems with the conventional iron condor and why I don’t trade it anymore, and why you shouldn’t either.

Module 3. I discuss why the old methods of adjustments don’t work and why I don’t recommend them. As you can probably tell, the strategy doesn’t require adjustments; it’s a set-and-forget strategy. This doesn’t mean it’s a guaranteed win... you will lose on some trades, the difference; however, is that a loss won’t wipe you out like with the conventional iron condor.

Module 4. I discuss some new concepts and the new strategy. I also explain the Greeks in a way that NO ONE on the internet does.

Module 5. I give you all the strategy specifics: what to trade, days-till-expiration, capital allocation, strikes selection, position setup, and everything else that you might need.

Module 6. A full trade example in which I setup a new trade from A~Z using ThinkOrSwim platform, and I walk you through the trade from start to finish and show you the results.

Module 7. A full tutorial on how to use OptionNET Explorer, (ONE), software. It is the software that I use for back-testing, and it’s the best.

Bonus 1. A 3-years’ worth of back-testing that shows you the difference between a good, and a bad setup so that you’ll make sure you have a good setup when trading.

I might through in another bonus regarding adjustments in which I explain how you can soften the blow when the position is losing. But it’s still a work in-progress and I can’t guarantee it’ll make the cut.

This has not been finalized yet, and I might add more content to it in the future.

As for the offer, you’re the first to know that the course will be sold to the public for $997; however, you can save your seat now for a 50% discount and pay just $499.

Just to be clear, you will pay now but you will NOT have access now, (because the course is not ready yet), but you’ll have immediate access once the course is ready, and you’ll be notified when I publish it.

This offer is non-refundable and expires in 24 hours.

Let me know if you’re interested so I can send you the PayPal payment link.

If you have any questions regarding the offer, please let me know.

Best,

Nameer

More...

I've ran across his videos on youtube before. I will give him credit that he is talented as a teacher. At least his videos are not like watching paint dry. I don't trade his methods nor would I buy the course. But I picked up on your sarcasm.

altagracialacey · Aug 31, 2021

Personally, I don’t prefer going by the words that people share on social media. I would love to see the facts before I spend my money. And I think that’s absolutely normal!

The_Krakenite · Sep 6, 2021

Haw!

I did a check now, looks like I came across his channel a couple years ago on YT when I was first starting. I still have all his videos on my READ history. Looks like he didn't' get many views, so gave up making those videos about 2 years ago.

Bad sign on how long it will take to make those courses...

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Another YT 'guru' selling an options course (that doesn't even exist)

caroy

altagracialacey

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