Thanks, Conrad

My best trading pal, Conrad Alvin Lim mentioned me in his blog, and guess what? I received two friends request in my Facebook. Not a bad way to attract traffic and increase my profile (do I really need a high profile? I don't actually).

Without sharing too much the stories of my two new friends, I would just like to highlight the difference between Wealth Academy Trader ("WAT") and Optionetics two-day intermediate seminar. I consistently receive questions, specifically asking me to compare and contrast these two courses. It's like "Greeksman, I am considering either WAT or Optionetics. What's your take?"

I see the comparison as that of an apple with an orange. I am not in the best position to comment on WAT since I am never Conrad's student myself. However, from the conversation I have with Conrad and his students, and since I have the honour of being a special guest in his WAT forum, I understand that WAT provides basic training on trading matters.

In my opinion, whether a person decides to trade stocks, indices, options, futures or forex, because he chooses to be a trader, he has to acquire the basic skill. I believe therefore WAT is a good course to help aspiring traders to build their foundation. I don't any get commission from Conrad though to say this. I do find that had Conrad taught WAT earlier, I would have had become one of his students so that I can brush up my technical analysis and candlesticks.

In the world of Optionetics, however, apart from having a basic technical training, one will add on the foundation of options. So, one can start trading options assuming that he has already had trading skill. I sincerely believe that this should be the case. If one starts immediately to trade options, it's like "Hmm ... you are driving a F1 race car without having a driving license". I am not saying that it is not possible but you know the risk involved.

In the end, whatever one decides to do, he must understand why he is doing what he wants to do, and do whatever it takes to achieve the goal he set for himself. So, if you are interested in knowing more on Optionetics, do drop me a note or come to one of our previews by registering at http://www.optionetics.como.sg. The previews for the upcoming seminars will be 7-9 October in Singapore, and 11-13 October in Hong Kong.

If you are physically in Hong Kong, please come to Langham Place, Mongkok on 11 Oct at 1:00pm. Why? It is because for the first time in Optionetics' history, I will be doing the preview in 100% Cantonese. The slides will all be in Chinese too. So, if you are interested in hearing Optionetics talk options in Cantonese, I shall see you in Hong Kong. I am sincerely looking forward to it.