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Dear Morris,
Your way of trading is truly a game changer. I am dumbstruck. I have been looking to find the chink in the armor so to speak, but it seems pretty bullet proof. I mean yes there are volatility concerns, but that will only lessen profits, not remove them. The greatest inventions are the ones where you sit there and say "Why didn't I think of that?" I think you have hit on one of those things. I like the fact that you tell the class to keep this a secret. I wish there was a way you could have us all sign some sort of non-disclosure.
The first people to trade ideas like RSI or CCi or even an Iron Condor made lots of money. I believe in a few years we will read about this. For now, I feel honored to have caught this close to its genesis.
Thank you for your simple and elegant system,
- Jason, NY
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Hi Morris,
I'm a recent student in the last few months. I have been trading options on and off for the last twenty years. My story is similar to what you've heard before. I have spent a lot of money taking courses to learn to trade options profitably and have only consistantly lost money. Most of the courses out there are taught by theoretical people, not traders. You are the real deal. Thank you for teaching these low risk strategies that actually work and consistantly make money. Your course is worth every dollar. Not only are you taught option strategies but the strategies are constantly evolving. The concept of ............. the condors to lock in profits has not been taught. I get home too late to be live at the teaching sessions, but excellent recordings are made, and I can catch up later in the evening. Questions I have had are usually gone over in class or in a following one. Also, what is of extreme value is you teaching and use of the TOS platform. What you have shown me how to do with analyzing and think back to test strategies before making trades has saved me many dollars in not making bad trades.
- Charlie Becker
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Morris
I have been taking your course for about five months and thoroughly enjoying it.
Your idea of constructing risk-free trades is truly unique and remarkable. You continue to innovate and make positive changes to all of the strategies that you teach. I would certainly recommend your course to anyone interested in furthering their trading education.
- Jack Luria, MD
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This sounds too good to be true. Have you actually tested this yet? There has to be something I’m not thinking of. If this trade is for real, the only risk is the cost of the commissions, and you would lose only if the market remained constant over the life of the trade. If you remember that first long e-mail I wrote you, I told you that the only market opinion I ever have and that the only prediction that I ever have about the future direction of the market is that, from now until expiration, the underlying price and volatility will not remain constant. If this trading concept is for real, then I have found what I have been searching for for a long time..
- Larry
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I personally started with $20K and am now trading with about $100K as I have become more comfortable. I'll increase in the new year to $150K only to take advantage of the new margining rules. That's about where I feel comfortable right now.
My returns have been as little as 1% when I first joined and made a ton of mistakes and as much as 20-30% per month. My target is about 6-10% per month which I think is very reasonable with this course.
- Darren, CA
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I feel that I am learning a heck of a lot with the videos that have been uploaded, and I definitely made the right choice in choosing your program.
Your Condor has been a revelation.
- Surinder, UK |
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"I
don’t remember when I started with Morris, but I am
guessing it has been since February of 2009. I picked the
class for several reasons.
1. The price.
2. The fact that you are a student for life.
3. Morris’ knowledge and understanding of options
4. The amazing amount of archived content on the site.
Morris provides 8 hours of real-time classes per week, and
he is typically available if you need him for one on one
help. He is always willing to help you out with your current
trades. He is always looking for different ways to trade
options. He just had his programmer create this exciting
new tool for earnings plays. He also does an amazing amount
of back trading to investigate possible option plays. I
guess I would have to call him a options workaholic. These
are just a few reasons why the program has value. I hope
this helped.!"
- David Z.
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"Hello Morris, I also want to thank you for all the
support you offer. I just got started with your program,
and I'm hooked! I'm impressed with your presentation,
and how good of a job you do in translating the message
to your students. Your archives! I'm going back
to review all your videos and learn how you apply your strategies
during different market situations. I also like how
dedicated you are in helping your students succeed as traders.
I can see you are not rushing your students . You want to
make sure we all understand the class. I'm really
happy i found San Jose Options. SJOptions is the Best!".
- Jose G. - New York
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"The reason why I chose San Jose Options, after doing
an extensive on-line search of other mentoring or recommendation
services, was his focus on a lower risk or lower portfolio
drawdown approach. His style meshes with mine as I'm very
conscious of risk control having previously had negative
investment experiences with stocks and funds. Prior
to signing on with Morris I primarily traded credit spreads
with the options portion of my portfolio. The package and
ongoing service that I purchased, looking back in hindsight,
was very basic. Morris uses, at least from my perspective,
very advanced option strategies. Nothing that is impossible
to grasp, over time, but one must regularly attend the classes
and be prepared to work in order to become proficient.
I've traded options for a couple of years now, and know
of no other service that has such good accountability and
support for the price. Hope the above is helpful.."
- Elden - Canada
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"Hi Morris, I have to say that your Iron Condor strategy
really is the best I have ever seen, and I've seen them
all, the CBOE videos, Investools, etc.. You were right,
I really am surprised, and it's something I had never thought
of before. Your strategy is really amazing, and I
am sure the whole world will be trying to copy you soon."
- Thomas. - Canada
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"I am really learning a lot by viewing The 15 Steps
videos. You offer a great service."
- Tom C. - MN
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"Morris, I like the fact that you tell us everything
we need to know and not try to sell more seminars or services
like other companies do. I truly believe you are sincere
in helping your students succeed as traders. San Jose Options
is the best!"
- Barry - Hawaii
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"I have to say that I love your broken wing butterfly
strategy. It's a great way to take advantage of this bearish
market with very little risk. I had never heard of this
trade before I found your course, but it's now my favorite
strategy. Thanks for all the hard work you've put into teaching
us."
- William B. - California
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"Hi Morris, I just want to say that your option strategies
are the best by far that I have ever seen, and I have taken
a few other courses. Thank you so much for teaching me a
safer way to trade. You've made a huge difference in my
trading."
- Steven M. - Ohio
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"HI Morris, here's my input: I've been a student
of Morris Puma's San Jose Options Mentoring program for
several months. I was attracted to this progarm because:
1. His goal of "max profit,
max safety"
2. The extensive, self paced
15 step foundations program. It's much more complete and
extensive than other programs I've taken in the past.
3. The M-Th nightly classes wherein the current market
and trade management is discussed. It's not just selecting
a good trade, it's knowing how to manage it for max profit
& max safety.
4. The Alumni program, where graduates can network
with other traders focusing on similar strategies.
5. The good value for
services delivered. The price is VERY reasonable for the
amount of education delivered. Furthermore, it's a
one time cost with no ongoing fees. And, one on one
training is included for those who need it (like me).
In summary, the program tuition is an excellent investment,
and if his training keeps me from making one bad trade,
it will pay for itself immediately."
- Connie - CA
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"I have been w/ Morris and SJO for about three months
now. I followed him for about 6 months before that and really
liked what I saw from him. I have had really good teachings
and success from the day I started with him. It has
been awesome to have his mentoring. I trade mostly
Iron Condors and he has helped me hone that in better and
readjust my rules and strategies. I was doing great with
my condors for the last two years but when the market went
bad in the fall of last year, I did not have a system in
place good enough to withstand the crash, and I lost most
of my account. The times are still really tough right now,
but this is what I do for a living, and I need all the help
I can get...Morris has been awesome thru all this.
Yes, the mentoring program is great. The best feature I
like is the archived videos of EVERY class he has given
from the start of his company - they are all there for me
to watch. I just need to find more time in the day to watch
them all. Morris, always has time for us! Morris
has helped me a ton. Morris, has worked with me during
the day one-on-one several times. He is just a email away
most of the time. He does have a life though outside
the company, but you would not think so... I am in Michigan
which is in the Eastern time zone, Morris is in the Pacific
time zone, and he has helped me at 6am his time. Morris,
wants everybody to succeed. We all do, you will bring
something to the table that will help us all as students,
and we will do the same for you. You can post trades for
all students to see and comment on and get feedback on the
trade. I have did all the same stuff you have done,
I too was a PHD student from Investools and used a lot of
other services along the way, and I feel the SJO has been
the best investment for the money. With Morris, you
are not just a number - he is touchable. You also
have for the time being, a lifetime membership offer which
is un heard of - I keep having to renew my Investools sites.
Morris, will probably charge later and he should,
but I would be grandfather from that.."
- Bob - Michigan
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"I started with zero knowledge. I went to one Wealth
Intelligence Academy class and I was really interested.
Of course they wanted to upsale to their next class, and
I am so thankful that I was unable to commit at the time
because I went home and did a lot of research and found
Morris' program. After visiting with him on the phone, learning
of his history and knowledge and research on the subject,
and watching a demo I was hooked, especially for the price.
Though I haven't traded yet, I have complete confidence
that I will be able to master his strategies and be able
to make a good income at it. This is my hope anyway. During
the live classes he is happy to help and answer with any
questions that every person in the class may have.
He's always available via e-mail and he's happy to set up
one on one over the phone visits as well. There are at least
8 live classes a week and all of the past classes are recorded
for you to watch any time and as many times as you want.
He actually sends out e-mails of trades that he has
found and puts on himself. What I love most is that
his strategies are very low risk and he takes great time
to explain the hows and whys of his strategies. He
would like it if the students would also send out e-mails
of the trades that they find to share with the other students
too.
In my very humble and inexperienced opinion I think that
for the price you can't go wrong. The price of the program
is one bad trade without it. "
- Kristene - NV
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"OK - thanks. That is what I thought you meant, I just
wanted to make sure I had the trade on right. Thanks again
for such a great course you have created. I am really beginning
to learn and become more confident. I am looking forward
to next week!"
- Andy A. - MI
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"Your mentoring course is of very high quality, and
I'm impressed by your dedication to it. You are teaching
us stuff that you definitely don't find in the internet
or trading books - at least the ones that I have read. I'm
very much looking forward to getting involved with the group."
- Jose C. - Australia
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"Awesome videos on the RUT Crash Test! I think
this is a great idea!!! One of the things I find most challenging
in my studies of options trading is feeling as though I
am going at this alone. Having the ability to bounce ideas
off of others and working with other traders who may be
or have experienced similar frustrations in the past will
increase the learning curve. You have amazing content and
unbelievable passion for what you do and it's very evident
in the way you come acrosss in your teachings. This
strategy looks awesome, it is so tempting to want to pull
the trigger and test it live, but so far I just have tried
it out in paper trading."
- Marc F. - Canada
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"I have tried several investing courses, and for the
first time I am actually learning the strategies and putting
them to use. Before
I started with SJO, I didn't even know what a Broken Wing
Butterfly was, now I am trading them (and making money,
too!) The endless database of classes you can watch
at your own pace are a great tool in reinforcing trading
strategies. One thing that attracted me to SJO was
their philosophy of low risk and high
reward."
- David - CA
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"I enrolled for this course because I saw someone beginning
a business like me, someone who is thinking on a long-term
level, with lots of ideas, and lots of energy. One of the
things that I've been enjoying most in these classes is
the emphasis given to the Greeks, and another thing is that
Morris tries to show different strategies combined to try
to keep one alive during the rough waters in the market."
- P.N. - Texas
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"Morris is very knowledgeable and interested in helping
traders succeed. He has spent many hours learning, testing
and trading. His ideas are very powerful and have helped
me fine tune some of my trading strategies. In fact, I am
currently implementing a few of his latest ideas and they
are doing very well. His course is well worth the investment.
Hi Morris, real nice trade. I do enjoy seeing the outline
on OptionVue, it is so much easier to follow (guess I'm
just used to it). I will be back trading it. Great ideas.
Hi Morris, yes the videos are very helpful, keep 'em coming...
I would like to spend about 1 hour each session, I think
more than that becomes tough for me to schedule. I appreciate
you wanting to spend more time, but I'd rather do a few
more shorter sessions, if that's o.k. with you."
- Derek D - Florida
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"Hi Morris, Don’t worry, I won’t be sending
any jokes or chains of mails, I just wanted to let you know
a little about my country. Thank you for the class,
I will monitor and apply what we covered and make adjustments
during the week to see how I can change the graph, you made
more sense on the Greeks and volatility where I was completely
lost before. It makes a lot of sense to have one position
on an index to cover more on the downside and a little on
the upside and have another index or etf doing the opposite
so you can make profit on both or at least one if you come
out even on the other. I'll send you another email
during the week with any changes I made to my positons and
schedule our next class for next week."
- Manolo O. - Guatemala
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"Morris, You're one of the best option traders out
there. Your course is far Superior than those selling for
much higher prices like "bleep bleep." You come
up with great strategies that make money with limited risk.
Trade tracker has been a real plus to my trading."
- Joe J. -
Florida
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"I think SJ Options' stategies are very safe. I really
like the way Morris does the condor and uses various insurance
to minimize both the upside and downside risks. Just learning
his way of trading condors is worth the whole tution for
the course. I also like his way of picking different strategies
in different market conditions. For example, he always
shows his strategies based on market pricing, volatility
and other factors."
- Hasan - Virgina
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"Dear Morris, I spent my weekend looking at your course
and more time I spent with it, the more I could appreciate
the fantastic work you've done. Also, my English is not
so good, but you speak very clearly, slowly and I am able
to follow the not easy option concepts. I read McMillan,
and "Option Volatility and Pricing" by Natenberg,
and this surely helped, but you have the rare gift to explain
clearly the most difficult concepts. Furthermore, the course
is well organized and with a lot of useful material. Thank
you Morris."
- Alessandro - Italy
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