Optionetics Mentorship

We made a commitment to Optionetics' Mentorship program today. It is a substantial investment in time and money, but we hope it will pay off. We had purchased the training series Wealth Without Worry from Optionetics a while ago, but have had trouble working it into our trading strategy. It was a good introduction to options trading, but didn't help much with market evaluation. Options are effective at leveraging your investment so that you control a larger number of stock shares with a smaller amount of money. The potential gains are much larger, but the potential losses are also much higher. We were not confident in implementing a strategy that included options based on what we learned through the program. Supposedly, we are not alone. We were quoted by the Optionetics sales person the statistic that only one in ten traders that try options make money. A good sales pitch for the need for the more intensive mentoring program, but not a very good reflection on the other Optionetics programs, including seminars.