Do not sign up with smartertrader or smarter411 or smartertrading411.com unless you like to lose your money fast. The guy just spits out trades and you are supposed to see if they stick. Come on. I mean you are supposed to see what strike price, what week you are supposed to trade. Nonsense would not recommend
This is my honest review.
If you like to lose much more than you can gain, then I would highly recommend joining smartertrading411.
IMO, this isn't a scam but pure garbage. Sam only shares screenshots with money he makes. I bet he has lost lots of money with tradings. But yet he posts those 100k, 200k, 500k profits simply to lure new customers like us, so he can take advantage of our payments made to him.
Also he tweets non-sense and sometimes doesn't make sense. If someone is paying their hard earned money, then sam better tweets so they can understand. Pain Simple. Another thing is he loves to whine like a little baby.
Well... Again, if you wanna lose much more than you can gain.
Thank you. This is my honest review.
I had been following this guy on Twitter for a couple of year and noticed he had been making some spectacular gains in options trades... until the wins kept adding up without mention of a loss or bad trade, only retrospective sales of "winning" trades. Usually a sign of someone who posts for attention and falsely earned accolades rather than actual trading skill. I signed up for 3 months and trust me it was really bad. One win is given so much attention versus the 15 losses he sprays in his live chat room on his website. To me, an experienced trader I was not at all impressed with someone who says they "have 30 years plus option trading experience" Sam Parikh has about 6 month of option trading experience. Seriously.
This guy,@smartertrader is so bad that I really do believe you can if you're in the wrong trade, which is highly likely and higher probability, then you can lose your account. In a blink of an eye. No joke. He does have a few good trades but that is far and in between. To win daily without any losses is a *******@smartertrader should confess his losses in his Twitter stream so you look real and not fake. Your energy is negative, you put others who have even a small remark about your business down or block them. I would say to steer clear away from Sam Parikh, *******@smartertrader aka smartertrading411.com
Do not give him any money to trade for you as he does this side hustle. He is not a broker, not an authorized with the SEC.
In all respect he should be off the internet as this is a rip off, scam, ponzi scheme to manipulate innocent option traders.
I'll leave what I wrote first below. It's been my first week following Sam and an expensive one.
I'd say paper trade weeklies before actually trading them.
It's certainly been educational. I see how it's possible to win with weeklies. But for me i think ill stick to trademachine trades.
Time will tell. I've got a month. May find some success. Look up the SMB options tribe video with sam parikh for a good intro-- could save you some $$.
Also, the private Twitter feed isn't really enough. And there are free feeds out there as good or better.
In addition sam and his room trade in such size that sam generally sticks to big names. Useful to be aware of if you trade big.
There seem to be people(one person?) who have some interest in disparaging sam parikh. Only thing I can imagine is that they run competing services? I haven't made money from following his trades yet(just found out about him two days ago), but his strategies, which can be found free in videos online, are sound and have already helped me improve. And if he were no good *******@Scarlettrabe have made a tribute music video to him? https://youtu.be/DUY1tapNfZE Further,@AnthonyOhayon follows Sam and Anthony gives his info away free and I have made many thousands from that. So, Sam is respected by at least two good people it appears.
Answer: Yes you have to google option trading. There are few I just am trying right now. Will let you know
Answer: He is very hard to get a hold of and when you ask him a question that he does not like he will be totally rude to you
Answer: Why would you NOT post a record? It shows transparency which Sam DOES not offer. He has been doing this over 10 years he should have trades that back up his "scam" to show others hey I am legit, sign up let's trade. He's a fraud
The company's reputation is marked by a stark divide in customer experiences. On one hand, some users commend the trading insights and community support, appreciating the potential for profitable trades and the value of educational resources. Conversely, a significant number of reviews express dissatisfaction, citing concerns over misleading claims, poor trade performance, and a perceived lack of transparency. Many customers describe the service as a scam, alleging that interactions within the community are fabricated and that the trading strategies often lead to financial losses. Overall, the feedback highlights a critical need for improved accountability and trustworthiness in customer engagement.
This summary is generated by AI, based on text from customer reviews