Has anybody signed up for his course or ordered his videos? Does anybody have any feedback regarding this guy?
It's been discussed here, unfortunately with no input: http://www.elitetrader.com/vb/showthread.php?threadid=221375 Actually the course is worth the price, especially when you can get it with 50% discount.
I have the course. The videos have good content but you must have a background on options to understand it. There are very hands-on a straight to the point.
Thanks for that. Cloudy was actually the one who recommended this to me. Unfortunately he doesn't post here anymore.
Yeah, I had a few words with him too while dicussing the course value. Then I got lucky and bought the course for $100 while it was discount action.
So I went ahead and got the course. The strategies seem similar to picking up pennies in front of a steamroller. Basically doing options spreads and adjusting positions as time goes on. However if the underlying moves violently against you, you're screwed. One bad trade and you could get a big margin call. I do think its worth the money though. The big thing is that it saves time in learning how to do the methods.
It depends. Actually I can argue with this. Selling options means shorting out-of-the-money options way above/below current price. So literally I can't imagine such price movement that can kill your account. In case of sharp volatile actions you always can 1) take loss, 2) roll your position further by price and/or time.
Search eBay for "Make Money Trading Stocks & Options" The price is under $20.00. It was made in April 2008.