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Post by Roy on Sept 2, 2009 18:33:41 GMT -5
Hey Guys,
Sorry to hear everybody`s bad experiences with the real MUPPETS we all have given away many days, weekends, n of course hard earned monies.
Now is the time for some actions all of you.
1. Shall we or can we start with WATCHDOG?
2. Our credit card company? Can they help to get some mentorship funds etc?
3. T2W website n start a forum there for the Heroes?
I hope to get some support and feedback of where we can start to take some actions and possibly go and join them on the 12th of Sep for a surprise, perhaps!
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Post by smith on Sept 5, 2009 9:55:17 GMT -5
anyone that would like a glimpse of the financial future should read Neil Hume's Article in this weekend's FT on Page 23. I agree with everything he says, but think he is being a little optimistic as there are other factors not being taken into account in the article.
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Post by Lost Money on Sept 7, 2009 9:18:56 GMT -5
Can't beleive it! Looks like they won't be holding a 'live' workshop now - because its going to be 'online' this time. I wonder why .....have they been reading our forum. Lost Money
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Post by larry on Sept 20, 2009 15:49:42 GMT -5
Hi all
I have been very busy with other stuff and not caught up with forum posts for a while. Interesting to hear some begin to vent that these guys should be exposed. I am amazed at how passive everyone seems to be having lost ,money, been tuaght stuff copied from elsewhere, charged thousands for "mentorship" etc etc etc. I invite all who are interested in doing a little more than putting it down to bad luck to post their thoughts. Is thre not at least some repsonsibility to not allow this rip off to continue, for the benefit of others?
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raj
New Member
Posts: 5
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Post by raj on Sept 21, 2009 12:38:03 GMT -5
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Post by optimist on Sept 28, 2009 9:46:37 GMT -5
Hi, back again with a trading update (that's my original post on August 17). Following my August mentorship meeting I started rolling my trades out further (2 maybe 3 months out) rather than waiting for them to expire worthless (if that's where they were headed). I'd been looking for the certainty of knowing that the money was going to come my way (in terms of the diminishing option value and the corresponding increase in my account value), but Ash pointed out that there's much more chance of a November Call losing 15 cents off of a current value of $1.50, than in an October Call shedding 10 cents of its 50 cent value - because of the stickiness of residual time value right up until expiry.
The net result is a (modest) improvement in account value in September of $800 to 113k. I'm still keeping my options a good few strikes OTM so as to avoid having option roll outs which crystallise a loss, and this obviously results in lower premiums.
Not winning, not losing, but still in the game. Next mentorship meeting isn't for another couple of months.
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