Option Selling Education: Is This Really Bad Advice?

(Option Selling)I like to think of myself as an honest, giving person. But then we probably all do.

And as the research shows more than 60% of all drivers think their driving skills are above average.

Ever since I started optiongenius.com, 99% of the emails and comments have been favorable. Even the people who become members and drop out, tell me it is because it is something on their end and not because of the service.

But then again, there are those that do not believe me or question my motives. Which is fine. In fact, I say people should not believe me when they sign up for my site. Heck, I wouldn’t believe it if someone told me they could make 100% a year with low risk – until I saw it for myself.

Best online trading site for just $1

That’s why I offer the first 30 days of membership for just $1. I think that is a fair price to see what the site is about and to see for yourself if it is worth it or not.

Plus if you think the site sucks and I am full of it, I’ll give you your $1 back. What else can I do?

On top of that, my service has the lowest monthly fee of any of the other option selling newsletters I have come across. Several of my members tell me they have been members of other services in the past and were paying a whole lot more than what I charge  – some charge 4 times more than I charge.

So then when I got the following email I was confused as how I should respond.

I’ve been pondering your emails and subsequent service.  Needless to say, I’m skeptical and not in a position to be throwing away $50/mo month after month, although I’d be more than willing to pay that fee if I had an opportunity to overcome my skepticism and, more often than not, I came out ahead and, thus, the return would pay the fee and STILL subsidize my income.

What, if anything, can you do to help me?

Here was my response:

I thought about your email and I dont think there is much I can do for you. If you are not willing or cannot afford to spend $50 a month on your own education, then you should not be managing your own money.

Take Warren Buffet’s advice: put your money in an index fund and do what you do best.

Maybe I should have put it in different words, but I think I said what I meant. Here was her response:

Really bad advice… and, taking into account that emails can come across in a different way than intended, I’d still say that this comes across as very condescending and negative.

Although the information I gave you is absolutely true, I was more wanting to see what kind of person YOU are before entrusting my “education” (in essence, being willing to “follow” you and learn along the way) to you.  See, I’m a particular kind of person, Allen, and I conduct myself and ALL of my business ventures in a given manner — openly, honestly, and with the utmost integrity.  I’m not just looking to capitalize on an education or God-given talent by asking people (who, by the way, don’t even know me from “Adam” — or “Eve”, as the case may be) to trust ME… in exchange for their money every month.

Needless to say, I was somewhat captivated by your site and what appeared to be your interest in truly helping others (so be it if you made some money from it; that’s a small price to pay if you can come out ahead in the long-run).  Unfortunately, a short, curt, unempathetic response — regardless how much or how little you may know (again, it’s only your word) — isn’t really the best strategy.  I could certainly give you some words of wisdom in this area (gained from MY expertise).  That, too, however, would be negative and nasty — and I prefer to rise above that.

Oh, and I WILL do what I do best!

I did not respond.

So is this a case of someone looking for something for nothing, or did I take here intial request the wrong way? I don’t know. What I do know is that there are plenty of others out there willing to take every penny you have to “educate” you in option selling and trading or to help you get rich with their “research” and “picks”.

I guess there is no point to this post. I just wanted to get it off my chest. She asks, “what can you do for me?”

Hello? Show me someone else you can show you how to make 10% a month returns. Heck, I’ve been to $10,000 seminars where all they did was sell you more stuff and I was glad to go.

Option trading education

When you go to college, what do you spend? $100,ooo? More? And are you taught how to be financially independent? NO! Are you taught proper money management? NO! Are you taught real world skills that an make you a solid income from home with limited capital and low risk? NO!

Even if you take finance courses, you are taught that the market is efficient so you shouldn’t bother trying to get above average returns! And that’s after paying $100,000. All I am asking is $1.

Is that too much to ask?

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