TESTIMONIALS . . .
Mike – There is not a day that goes by that we do not think of you and are thankful for the introduction to this world of non directional trading. I urge all traders to take your course and then begin to think and trade for themselves – and use the creative license you allowed us to receive. – Ron
Mike – You should be very proud of your performance, and I just wanted to thank you for teaching me your strategies. – Lee
Mike – I fully value and appreciate your candor, strategies and insight. You simplify what others try to complicate. I have gleaned a wealth (full pun intended) of information from both your newsletter and class. – Gene
WE MANAGE TO MAKE YOU MONEY!
OUR TRACK RECORD SAYS IT ALL!
LEARN TO FISH – LEARN TO PROFIT
Welcome everyone. I am Mike Parnos, author of the best-selling “Option Profits: The Naked Truth.” I am also the creator and author of the highly successful Couch Potato Trader column for the past six years. At the beginning of 2009, I launched my brand new subscription service – the Mike Parnos Option Newsletter.
The Mike Parnos Option Newsletter has proudly continued to be profitable month after month after month. Our track record is now an impressive 80 out of 91 months — with no end in sight!
Subscribers have conservatively made many thousands of dollars with me over the last seven years – and learned a lot in the process! There’s no reason why you can’t.
Yes, the former Couch Potato Trader has a new couch — and there’s plenty of room for you! Now, as subscribers to my new service, former Couch Potato Trader subsribers, and all others, receive three columns a week plus trade alerts. You will also receive a comprehensive daily in-depth market wrap that I guarantee will impress and enlighten you.
FREE TRIAL — For information on receiving your TWO WEEK FREE TRIAL, simply send me an email - Parnos1@comcast.net - with your name, email address and telephone number (and best time to reach you). I will personally call you to go over the details. I invite you to join my family of subscribers. As a subscriber, I am available to you to answer all your questions. Contact me ASAP. Why? Because charter memberships will be available for a limited time only. Together, we’re having a PROFITABLE 2009 — and now a PROFITABLE 2010!! Come join us! Talk to you soon!
The world of non-directional trading awaits you. Consistent profits are at your fingertips. In this world, your money works FOR YOU — instead of you having to work for your money. This is your opportunity to learn strategies, share opinions, ask questions and interact with me and other traders who want what you want – financial freedom
And Then There Were Options . . .
By Mike Parnos
The word “options” often sends a chill up and down the spines of traders everywhere. These naïve traders have heard dozens of horror stories about people losing their life savings trading options. The word “options” generates fear. Hence, there is a huge stigma attached to the word “options.”
Are the horror stories true? Is it true that people have lost fortunes trading options? Of course it is. Does this still happen today? Of course it does. Will it happen again in the future? Of course it will. Why? There is one common denominator shared by those who have lost (and will continue to lose) substantial amounts trading “options.” They were S-T-U-P-I-D.
Read more »LET’S PLAY 20 QUESTIONS
By Mike Parnos
It’s been brought to my attention that a few of my remarks about “traders” may have been interpreted as less than flattering to the “trader” occupation as a whole. A “trader,” in the true sense of the word, is someone who understands all the aspects of trading, who implements the strategies, and makes money in the process. Just because a person opens a brokerage account and clicks the mouse a few times, it doesn’t make him a trader. It makes him fresh meat. Even if some of the trades happen to work – it’s often more a matter of luck than skill. Some may say that it’s a question of semantics. I beg to differ.
If you jump into the deep end of a swimming pool and make it to the other side, does that make you a swimmer you would bet on against professionals? Hardly. If you make a basket on the playground, does that make you a basketball player you would bet on against NBA players? Of course not. When you are a retail option player, you are competing with experienced professionals in the option trading pits. They have option newbies for lunch. Will a newbie have winning trades? Occasionally, but the money will magically find its way back into the market maker’s pocket in short order.
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