Reply to thread

Hi all very interesting thread,It has kept me amused all weekend

i finally had some time to relax

i personally have only started trading in the past 12 months and i am enjoying doing the fundamentals and trying to learn Tech annalist, it all takes time.

But my story is i was working constructing a mine in Tanzania and a work mate of mine had just got back from Aus  telling me about investing in options and at the time  (2002) he had told me he he had done this course on option's and it was the way to go

He explained that you can make more money than trading normal shares with  using all your cash for higher rewards(please give me some space here i dont understand option,s) i was skeptical at first and read all his Paraphernalia he was given.It looked interesting then i asked have you tried this, he said yes he has money invested now I then told him that do you realize that you must be in front of a computer or in contact with a broker 24/7.He said no. As it was his So called instructors,(i wont say the name it might upset Some Posters)Had not told him that he must have access at all times.We were in East Africa accesses was  a $1 per minute sat phone call (year2002) needless to say the course he took was a couple of thousand dollars down the drain and what he lost i don't know. But hard it was hard to see a grown man cry he was single worked hard all his life and ended up broke all because of options and the people who said it was a good thing. Thankfully i did not fall for it