Day Trading Training - The Story of Mr X

By Shona Lynch

Here's the short story of how I discovered the right Day Trading Training for my risk profile.

The Story of "Mr X"

At the time, I was heavily involved in options trading - but not the day trading kind. I was selling put spreads for a longer term view of 1 month to 6 weeks and buying straight puts and calls - usually with a short term view to hold over 1 to 3 days.

While using those strategies I was frequenting a forum and discussing options trades. A member of that same forum - let's call him Mr X - would often post about his options day trades - how he "took XYZ stock for a little call spin today" was one of his favorite catch phrases.

After seeing his success, I started looking into whether it was even possible to day trade options. That is, could I buy and sell a put/call option in the same day? I found out that it was possible on the Australian Stock Exchange (ASX) - which suits me fine - and so I began looking for day trading training & strategies.

It just so happened that around this time, Mr X launched his own web site teaching people how to day trade options. Even though I had been searching for exactly this kind of day trading training, I'll admit it took me a while before I was ready to buy.

You see, I wanted day trading training that didn't cost the Earth and that also had a proven track record. In addition, I'm very stubborn and was convinced I could figure out how to day trade options by myself. I thought I didn't need any training. Let's just say that was an expensive decision! I ended up losing quite a bit of my trading bank before finally admitting I needed Mr X's help.

It wasn't just my sorry story that convinced me however; it was also the many testimonials and success stories of people who had bought his Day Trading Training. Every time I heard of their success, I would feel ashamed and embarrassed that I couldn't figure it out by myself... but also inspired that these "normal people" were making amazing money on the stock market!

And so without further ado - I bought Mr X's DVDs. I'm writing this little story today to help you make your own decision.

I don't believe it matters what training you buy, but I do believe you need to get yourself properly educated! Don't do as I did. Don't lose money trying to work it out for yourself. Find a strategy that is being taught by somebody who is actually trading for a living. Find training with verified testimonials and success stories. Then buy it, trade it and profit.