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Options (www.profitableinvestmenteducation.co.uk)


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Options (www.profitableinvestmenteducation.co.uk)

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  #1 (permalink)
London, England
 
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Anyone come across these guys ?

https://www.profitableinvestmenteducation.co.uk/

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  #3 (permalink)
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jitasb View Post
Anyone come across these guys ?

https://www.profitableinvestmenteducation.co.uk/

They are selling iron condors, pretty far out. Nothing special.

I would run away from any place that said things like this


Quoting 
At no time was our capital at risk

and


Quoting 
ARE YOU LOOKING TO GET A REASONABLE INCOME FROM YOUR CAPITAL?

Forget 3-6% a year. How about 30%+ risk free?

Anytime someone promises you risk free returns...........

Math. A gateway drug to reality.
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  #4 (permalink)
desert CA
 
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Yes, iron condors are very susceptible to not readily apparent factors than just visual price. Hardly risk-free. Plus the substantial amount of overhead required of risk capital and multiple option legs composing the IC which are always hard to close due to the market makers.

Looking at the photos of the founders. They look like burnt-out traders who lost a bundle. Selling courses for tuition I'd agree is a "strategy that produced a profit REGARDLESS OF WHETHER THE MARKET MOVED UP OR DOWN".

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