Dave Aquino presented a seminar the other day extolling the virtues of using short term options that would expire the next day so as to mitigate possible large losses in case the market goes against you. As I have found out, much too late unfortunately, it seems all these gurus and presenters utilize the same sales style. They bring up how having an extra income would help with paying off the house, or the car, or saving for a vacation. Then they introduce one after another of people who have supposedly enrolled in his program and have made not just a small success of it, but a huge successs, making thousands each month. He presents the webinar in such a manner that he had only one (1) losing trade the previous month and for this month he has gone 10 for 10. Of course I was quickly suckered in to thinking wow, this could really help me. I could not wait to sign up and get started as it was so fascinating and thinking now I have a program that is going to really propel me to make a lot of money. I signed up for both the annual and then the Lifetime Membership. On the first trade alert it was to sell the SPX Bear Call Spread, sell the 7775 Call and Buy the 7780 Call and receive a premium between 0.20 to 0.25. Then the reality hit me. I am going to risk over $475.00 in the hopes of making 25 cents. When I sat and thought about this, it hit me that one bad trade could wipe out over 12 or more good trades. This is a huge risk. I quickly asked for a refund. No reply. Went to the website and wrote to them through that means. No reply. Sent more emails, and called them about 4 times. Finally got a response this morning that they will not give monetary refunds, only store credit. I was shocked. This is supposed to be a major outfit and to resort to this kind of tactic is just terrible. I asked for the refund after just 3 days of being in the program. I have now put in a dispute with the credit card company. I just wanted others to know how badly this firm mistreats its clientele. Thank you for reading this and if you have any suggestions, please let me know.