I just attended a Better Trade "expo" the other day. The ad stated that we should show up 20 minutes early. They had us sign up outside of the meeting room. The issued each of us a name tage that was color coded so the speaker knew what level of trading experience that we had.
The reason they kept us outside of the room was so they could accurately determine a head count, then put out only that many chairs. That we, we were put close to the speaker and nobody could "hide" from him.
The spakers's name was David Hutchinson. He was a good speaker and he work a wireless microphone. His voice was not amplified through speakers so I assume they were taping the presentation as a defense against future lawsuits. He even made a few disclaimers that seemed odd, but I later realized that they must have been for the recording.
It was a two hour presentation to attend the two day seminar for $4,000. He went through the usual drill about how he was down on his luck and out of money when he attended a Better Trades "expo" and now only works when he wants. His motivation for presenting these "expos" is to help his fellow man.
It was all a bunch of hooey. However, I saw at least 4 individuals out of 22 sign up for the $4,000 class.
If you pay for the $4,000 class, you can then attend other two day workshops for $99. And listen to this, you can take a child under 16 (sixteen) for free. He likened it to teaching a man to fish so he can feed himself for the rest of his life. What kid 16 or under wants to learn how to trade options? At that age, they can not even open up an account in their name.
When I was leaving, one of the "traders" stopped me and asked me why I wasn't starting the seminar today. I had to make up lie about going out of the country on military duty so I could leave.
Do yourself a favor and do not attend the Better Trades "expo" as it is not only a waste of your time, it could be a big waste of your money.
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