On one occasion, I read this advert in the papers featuring how this Australian guy was able to turn a few thousands into millions using a particular trading instrument. Entrance fees to his seminar of 3 hours cost $50 but I went, out of curiosity, of course!
It was a seminar with over hundreds in the ballroom. A powerful speaker I would say, he swayed the entire audience over with his covered call strategy. Options trading was seldom heard of during that time, not to mention covered call! I was really thrilled with his talk and that opened up a totally new perspective in me to this fascinating world of options trading. The $50 was well spent indeed!
The cost of the programme wasn't cheap, a few thousands at least, and came with some proprietary stocks screening software. A number of people did sign up with him, but I didn't.
I was thinking then. ... "is there a cheaper alternative? ".. I believed there should be, and I began my search in this niche sector. ...
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