Options Trading

Options Trading Intro-Seminar
Date: Dec 6 (Thurs)
Speaker: Mirriam Macwilliams



Details (copied from brochure)
Profile: Mirriam MacWilliams
Chief Options Trainer of Wealth Mentors. She is a self-made millionaire. She made over US$2million in less than two years in the stock market with a starting capital of only US$10,000. A corporate high-flyer at the peak of her career as National Director of Education of an investment club in US, Mirriam gave up a jet-setting job and a six-figure annual salary for a little known and predominantly male-dominated area of options trading. She teaches strategies used by professional fund managers. Her forte is turning complex subjects into easy-to-follow step-by-step strategies that anyone can learn and use right away. She is the only wealth coach featured in over 7 episodes of Channel NewsAsia’s Prime Time Morning TV series where she shared her extensive knowledge of wealth creation.

What Will You Learn:
• How to multiply your wealth from the comfort of your home.
• Importance of picking the right stocks and knowing when to enter and exit
• How to achieve high returns with minimum risks
• Make profits regardless of market direction
• No need to analyze reports and news
• How you can assess a company’s fundamentals in 30 seconds!
• How to get powerful trading tools at zero cost


My take:
Trading is a very interesting and enticing thing to learn, but the course fee is really too expensive. It's more than enough for me to tour Europe! I dont know if people can really make money out of this. But it's really cool how Mirriam Macwilliams turned 10K USD to 2M USD in 2 years with just trading options.

Their website is full of testimonials of those who made money, even for those who has no financial background, housewives included, my goodness! They made 200% in a week's time. I was really swooped by their ads and attracted to sign up. I still have hesitations in mind, so I just let it pass, anyway seminar occurs every 4 months.

The seminar promises of teaching effective strategies on how to trade profitably. At the back of my mind, I was thinking, what will happen if everyone uses Mirriam's strategies, doesnt it have an effect in stock prices? I mean if majority are practicing the same tactics, there should be some negation? Or is it the other way around, making it more profitable. Wheew it's complicated hehe.

On the contrary, I tried researching for feedbacks in general for options trading seminars. Some are positive, while some call it a scam, rubbing people of huge amount of money but leaving them all the more confused with trade jargons. I really dont know.

I remembered one nice quote from Aaron (The CEO):
Luck is not random, it favors the prepared. ---Well said.

Funny incident:
That night after the intro-seminar, I was again in my deep thoughts mode, thinking about the things Mirriam said. From Hotel Furama to my home is probably a 1-hour ride (MRT+bus). It was only when I reach my place that I saw that the name tag given during the seminar was still pinned on my dress, good thing I have a jacket on that might have hidden some part of it - i hope. (Probably fellow commuters that night might have been glancing at me) Parang gusto kong makilala ako ng buong mundo, haha ewww.