I was the pass student of Mirriam. I truely agreed that they are a profit-oriented course provider. Their objective is to make $$ from teaching rather than from real trading. The evidence are:

- the support only last 6 months and need to pay USD50 per month (USD500 per year) for continue support, though you have already paid a high couse fee of RM12k-18k or SGD5k-6k. They are not interest what happen to you after 6 months.

- they want you to continue pay for as an active member to use their stocks scanning software - iF you want to achieve to spent only 30 minutes per day to trade as claimed. Without this scanning software, you could end up spending whole Sunday just to locate one or two potential stocks. (Remember there are few thousand stocks on U.S market). So you have to rely on their software for life.

- all the testimonial are out dated. The same old faces old person appear on advertisement repeatly for years. If it is consistently, then the same old faces of person will have new case or story to back them up. But NONE. Just like you buy lottery, sure got one or two person win, this is how the testimonial comes about.

- always project a positive picture of trading (sure win picture). Never talk or teach about trading psychology. So students all have a high win expectation after the course and are not prepared when in a losing game.

- they claim their methods are very easy and simple. But in reality, it is complicated and time consuming as there are many calculation works.

All my team members I have contacted did not even recover their course fee trading over last 4 years.

As some forumer suggested, best to invest the money in books and go to free leason on Internet. Important is you need to commit time to learn and improve your trading skill.

I disagreed with some of the points mentioned above.

- Are you sure you still can login and access their website after 6 Months for the recording/PDFs/NewsLetters ??? There will shut you out unless you pay up for the monthly subscription.

- there are different type of people, some are fast learner and some are slow learner. Skill of trading is a live long learning process as mentioned. Eventhough you can grasp fully what was taught, but as markets are very dynamic, the methods you learning in the pass may not work in current market environment.

As evident with this Guru is that, she has to keep invent and change strategy and methods to deal with and adjust to the market condition. So from what are taught in 4-5 years ago with only 4 trading strategies to now more than 10 types. So if you stop getting their support after 6 months, over time your trading results will result from positive to negative because those trading strategies you learn are no-longer valid in the current new market envirnoment. This is my true personal experience. In the beginning you are ok because the methods learn are very fresh, adapt and valid to the market envirnoment at that time. The market is moving, it would not stay put. You need to keep on refresh and learn and upgrade.

- yes, you may have a favorite strategy but again, it may work now but it may not work forever. So you still need to go back to the Guru later on.

IMHO, for newbie, read up some topic about stock trading, gain some basic trading knowledge before jump into options. As everyone said, don't run before you can walk. Optoins is a leverage instrutment, is a double-edged sword, you can make alot but you can also loss alot.

Hi Harteam,

You sound like the staff of the course organiser.
Look at the ads on the news paper, the Guru spent 10k and make 2m in 2 years, this ads is appear 5 years ago and is still repearting now. So the Guru stop trading after gaining 2m? What is her result now? (excludes results from other investment, purely Options trading)

Now a day, the ads are camouflage under the U.S stock trading, never mention openly it is an Options trading course. Reason? A real fact is Options trading for the mass retail traders is fast fading out and lost interest in the market now.

The money back guaranteed is a BS. You get refund only before the end of the first day of the course. The most part of the trading course are cover in the 2nd day onward, where day-1 cover only the basic concept, then how do you know whether the course is suitable for you?

I remembered during the preview, someone ask the organiser why they set the course fee so high, the reason given are, the high course fee will make you learn and trade harder, because you feel the need to recover the fee as it is so expensive. This is a flaw, you are adding pressure on your trading.

4 team leaders I know during my batch have drop out because can't get consistency results after few years following the rules that have been taught earlier and subsequent teach to the junior as assigned by the organiser. They have since switch to FX with another group, and managed to recoup losses cummuated previously.

Options trading is not so popular now. There are reason behind it. Options is a complicated instrument come with expiry feature, prices are affected by time factor (expiry date), volatility. Most of the Brokers offer Options trading are U.S based, the value of your money in the account will keep dropping because USD currency rate is dropping (more so the U.S Fed promised to keep USD low for next two years), you have to keep trading and win to cover the loss of the curency rate.

Paying a RMxx,xxx to try out whether you are suitable or is it your cup of coffee, that is your choice......