Name of your website?Grow Your Wealth Selling Options
Your name?
Daniel Mollat
Please give us a short summary of your website?
This site describes in detail a 3-pronged option trading system based on selling naked options combined with two other trading strategies that enable investors to grow wealth at 30% - 60% annually without exposing them to unnecessary risks. It illustrates a detailed system of how to avoid inherent risks in option selling.
What inspired you to launch your own website?
In response to many claims that option selling carries great risk of loss, my site aims to contadict the belief and remove the fear of selling options. It highlights this trading strategy as a tremendous system for genrating profits fairly safely when done correctly.
When did you launch your first website, and what was it?
April 2007
How did you decide on a name for your website?
The title of the site very much describes what the site is about.
What makes your website different from other, similar offerings?
There is a lengthy answer on the home page of my site that specifically addresses this question. It is one of the main topics and can be found near the end of the page.
What is your eventual goal? (To sell it, keep it for income, secure a book or other mainstream media deal?)
To educate traders/investors about the merits of option selling and to erase the bad rap it has acquired that option selling is a risky trading system.
How does your investment of time and money balance against your success?
In terms of selling the ebook itself, it is perhaps still early to measure my success being that my site has been active just over a year. In so far as my actual trading is concerned, I am hugely successful.
If your site got really big, really quickly, would you be able to keep up with the demand?
I don't see that this will ever be a problem.
What unexpected costs and headaches have you had to deal with?
Initially I tried to launch my site with my personal limited knowedge of creating and managing web sites. I've since discovered that to successfully reach a wide market I need a professional web marketer to do this for me and I'm finding this to be an expensive but necessary business item.
What has been your biggest challenge?
Increasing traffic to my site.
What method has been most successful for promoting your website?
I can't yet say for sure since it's only recently that I've been working with a web marketer and employing some of his and my own ideas. So far pay-for-click at Google and Yahoo have brought in a reasonable amount of traffic.
How has running your website differed from your expectations?
Except for the need for a web marketer it's been pretty much working according to my expectations.
How long have you run the site already, and how long will you continue to keep it up if you don't enjoy big gains in traffic, income or popularity?
The site has been up for just over a year and I would say I've been quite succesful. I did all the work myself (I'm no computer savvy) and even with this limitation the site has successfully sold enough ebooks to encourage me to continue on and hire a professional web marketer to hopefully go well into the future.
What is your website address?
Grow Your Wealth Selling Options
