[Rob Yorke]

Brandon Van Zee and David Settle were my go-to guys at Investools. So I was disappointed when Investools imploded, as many others have noted.

I was delighted to find you resurrected, smaller and better than before. I learned a lot at Investools, but there was always an arms-length distance on how to trade and I never really “got-it.” You can talk hypothetically about trading, but at least I couldn’t learn it without doing it. Could that distance have been the shroud of compliance? I was never profitable in my options trading. I read a ton of books too, and none of them helped my trading either.

Now, with the steady dose of classes and the Q&A’s I do think I’m getting a feel for trading. I have to be careful what I say, ’cause I don’t want to jinx myself, but I’ve been profitable over the last few months. I’ve felt like a genius several times before, only to be profoundly disabused of that notion in short order. But this feels different. A lot of that turnaround is due to the insights I’ve gleaned from David & Brandon. I never finish a class or Q&A where I don’t learn something important that will help me in my trading.

So keep up the good work, guys. I’d be getting excellent value for a full price subscription, the discount was pure gravy.

[Rob Yorke]

In a lucky (and atypical) move I sold about half my position in MO in early March to reduce my long deltas.

The pundits have been predicting the collapse of the cigarette companies for years, but they always seem to be able to scrape by by raising prices and even to prevail. Despite the dividends (approaching 5%), I think I’ll stay away. The currency fluctuations, regulatory threats and health issues just seem too great to overcome.

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