Options Trading Course By David Yuen Reviewed

David Yuen is a relative unknown in the options trading coaching world. A search of him in the internet has found hardly any information about himself or his credentials. Yet, David Yuen runs a low profile options trading coaching course (TeraOne) in Malaysia for about 3 years now (based on information given by David). David is also the founder of Teraoptions, an investment education center. Unlike the sort of publicity often generated by other options trading coaches such as Clemen Chiang from Singapore and Mirriam Mac Williams from the U.S. who both conduct respective coaching courses in this region.

Why I choose David over the others? Well, i believe the decision boils down to his presentation style.....Concise, straight to the point and most importantly, NO HYPE! Elsewhere, one could often hear about the possibility of becoming a millionaire by trading options or achieving sizzling returns in one day, etc but not from David. You will hear none of that! David in fact was frank enough to admit that this course does not guarantee success but is meant for those who work diligently and follow the rules and principles. On this point, unfortunately, David could not illustrate a better proof of success by inviting some of his ex-student to share their experiences and/or success, or illustrate to me his (successful) students' long term track record. David would certainly have reinforced his creditials better by introducing the above. So it remains to be seen whether how many of his students do make it a success!

After attending his course, my conclusion is that David is very sincere in teaching his students in his 20 hour course a practical guide and strategy to trading options, using a detailed step-by-step approach. His course includes the following:

- basic fundamental analysis using automated tools;
- basic technical analysis using support and resistance, and Japanese candlestick;
- Long Call and Put option strategy with emphasis particularly on risk reward ratio;
- Price charting;
- How to analyse Options such as fair value, volatility and greeks;
- Real interactive live training with the U.S market on the final day.

In conclusion, I would regard David's coaching as decent, practical, straight to the point and covers the essential elements of trading. However, the strategies presented are limited. In options trading, there are many other (around 66 of them!) powerful strategies such as spread, naked options, covered options, straddle, butterfly, etc., which cater for different trading scenarios and tactics. It is a regret that David does not cover these strategies.

David's rationale is that the best way for beginners to study options trading is to keep it simple. His reasoning being such that although the other strategies can be useful, they are also very complex in nature and deployment.

Ironically, David does not offer a more advanced course to his fellow students.

In a nutshell, I would rate David Yuen's Options Trading course as a diploma grade relative to a full-blown premium degree. Nevertheless, what David teaches is workable and does offer the practical knowledge and skills to trade successfully based on a certain limited strategy.