As someone who has traded stocks/options for about 15 years, this guy sounds like a huckster. No audited financial statements, no credentials, no way!
Trading is hard work and is far from passive. Real estate is just as hard if not harder. Anyone who tells you differently - you should run not walk away from.
That being said it is possible (not easy) to be successful in this business. My advice for newbies is to keep your money in your pocket and don't buy anything from anyone who doesn't have either 1) a professional history at a place like Goldman Sachs, and 2) an audited account. Accept no imitations or B.S.
Assuming you can't find anyone who meets those criteria (you probably can't) next step is to watch free content on places like Tastytrade, Khan Academy, etc. and then start a small account with like $2k. Take thousands of trades, and expect to lose every dollar. Take lots of small, low correlation trades. Reload the account and try not to lose money. Repeat until you can break even for a year. That is a huge friggin accomplishment, believe me. Eventually, after a few years of break-even you may start find yourself on the winning side of the trades occasionally. Don't get greedy/cocky. You probably will anyway. Start over. after losing that account.
Expect this process to take at least 8 years (like getting a MD). Eventually you will learn how to keep small amounts of money. If you can make 15% ROI per year without losing big (huge 50% + drawdowns), congratulations, you are now on par with the pros. You are the 0.1%. This doesn't sound like a lot, but if you have been wise and saved your money you should have a few hundred thousand to trade (don't trade all of your money btw - dumb). In another decade or so you should be very wealthy indeed.
Anyway, that's been my experience thus far. Wall St. is the hardest place to make easy money. If I had it all to do over again - I would do again but I think that's because I love trading. And that's the only reason I haven't quit. Good luck should you give it a shot.
