Does anyone have any experiences with the educational site optionsanimal? They offer a series of training sessions paired with weekly live coaching for a 1 to 2 year period. Would appreciate any experiences from anyone who has taken (or considered) that training.
I am a current student of there's I have been working with their education for about 4 months and have been very impressed with the help and knowledge base I have access to. I come from a Real Estate background, having spent over $30k on education for my investments there, but was looking for the most secure way to have my money work for me, Tad(one of their "education Directors/sales guys") got me on the phone with some of their mentors to make sure that I understood the processes and procedures. It was a very low pressure sale, but I have seen better returns in my paper trading then I expected. I am now doing some adjustments to my positions and turning losers into winners. Having worked with several other education companies, I give it an A+ education.
Appreciate the response, however, it would be great to hear from someone who didn't just register in order to post a "perfect" response to my query.
there are many options training courses out there. some free sites, some fee-based schools. i think OptionsAnimal is more focused on trade "adjustments" but still teach the common/advanced syllabus like others. Level7 on advanced trade adjustments (with flowcharts for decision tree) is key.
My understanding of the course curriculum is that they not only teach you the many different option trading methods but they focus on how to make correct adjustments to your positions, both to minimize loss and to maximize return. I think a lot of the other programs focus on the different trade types but not on how to make adjustments to current positions which is vital to mitigating losses. If you look at the returns of one of their instructor he has made over the last few years it is quite incredible. Not the fact that the returns are huge but the fact that he is consistantly making positive returns, sometime 2%, sometimes 20%, regardless positive returns.