house moving The most basic aspect of trading is learning to differentiate between what is FACTUAL and what is OPINION. If you stay interested in the financial markets long enough you will discover that there are a lot of sharks out there who have become expert at making that task very difficult.
Several subscribers of this newsletter have contacted me over the last few weeks asking for my opinion of certain promoters who also advocate Options Trading Strategies. I make it a point to not comment on other services. However, without mentioning any names I feel that it is necessary to inform you of some of the most common and deceptive practices used by some promoters.
One of the great appeals to Options trading is that there are so many possibilities and trading strategies that can be used to manage risk. However, most services when promoting options like to demonstrate the tremendous REWARDS that are achievable. Although tremendous gain is possible, options are considered speculative instruments and potentially very risky in untrained hands. Since an Option gives the owner the right to buy or sell something for a specific period of time the OPTION is considered to be a deteriorating asset. Since all options have an expiration date, if all things are considered equal, the closer you get to that expiration date the less that the option will be worth.
juegos mario There is an abundance of literature available on OPTIONS written primarily for locating and marketing to the GREEDY INVESTOR. One promoter who charges over $3,500 for his seminars on Options Education touts that investors in his seminars earn returns in excess of several thousand percent per year! He provides and documents several real time examples and shows how some traders made a 12,000% annualized return. (Just in case you thought that was a typo that is twelve thousand percent!)
My statistics teacher in college used to say that “The figures don’t lie, but liars figure.” Listen Up….because if you don’t learn how to read the fine print that these deceitful promoters espouse you too will make those types of returns but probably won’t be able to pay your rent!
Most traders enter into the financial markets seeking that ONE home run trade that will permit them to check out of the rat race. Knowing this FACT deceitful promoters arm themselves with examples that will lead you right into their arms. Here is a common example of their con in action:.
home selling You only have to look at the many comments of baffled viewers to realize that the phenomenon is an extremely complex one. Does magi herself know all the answers? That’s an interesting question, that I intend to ask (and answer) in a later article. But for now I want to look at the reason why her videos are so compelling. First it’s necessary to deal with the question of sex. And for reasons that I’ll look at in more detail later, I believe that her popularity has very little to do with sex per se.
Now the promoters bait the hook……. Even though your profit was $50, your return on investment was 50%. This is indeed factual. Think of how EASY it was to earn that return, after all you did it in only one day! So since there are 365 days in a year, to calculate an annualized return we would multiply 50% times 365. The result is a staggering return of 18,250%. (Now if your stomach is turning by this type of deceit, GOOD!)
I offer you the MATH below:
Buy Price 1
Sell Price 1.5
Profit $0.5000
Gross Profit $50.00
% Return 50%
# of Days 1
# of periods in a year (365 days) 365
Initial $ Investment $100.00
Net Profit $50.00
Annualized Return 18,250%
Now what infuriates me about these promoters is how successful they are at providing the public with this type of “financial snake oil!” One promoter in particular has actually written a best-selling book on options that is filled with these types of misleading and deceitful computations. Hard to believe but an 18,250% return will barely pay for the price of the book!.
The worst part of this is that it’s a cycle. That’s why big business, even though it seems to increase our quality of life (due to increased availability of goods globally), only continues to hurt our economy. As consumers lose money, they require lower prices. To accommodate that, companies have buy cheaper, pay employees less, and yet continue to expand into new markets due to competition and stockholder demand. Now, I’m no Economist, but even I can see, and I believe you can too, that there’s eventually going to be a crash, at a global level.
Her appeal is very similar to that of La Mona Lisa, the famous painting by Da Vinci. Mona has kept everyone guessing for hundreds of years as to just what it is that she’s got to smile about in that mysterious way she has? Magibon is enigmatic in the same kind of way. It is that enigma that is playing a large part in attracting those many thousands of viewers. This is what I intend to address in later posts. You can be published without charge. You can to republish this article in your website or blog. Please provide links Active.
inyourarms Current Events, Media & Journalism Abundance, Annualized Return, Deceptive Practices, Expiration Date, Financial Markets, home selling, house moving, juegos Mario, Options Education, Period Of Time, Possibilities, Promoter, Promoters, pure opinión, Real Time, Rewards, Seminars, Several Thousand, Sharks, Time Examples, Trading Strategies, Twelve Thousand, Typo
