Dave A.
Not worth it at all
After watching Raghees charts and coffee on you tube I decided to join because hey she's never blown up an account and never had a loosing year in 30 yrs. The good: Her account management strategy is solid for the most part, it's conservative and if you follow the position sizing and stop loss guidelines you probably won't blow up your bankroll. The Bad: Never ever question their methods, or you'll get booted from the chat room. There isn't any clear "new to sector secrets" type video that concisely and clearly walks you through the strategies and the myriad of indicators. They have a bundle of confusing indicators full of lines, dots, clouds etc all over your screen with no real easy to find instructions on how to set them up or what your looking at I was a member for one month and was basically booted because I asked a real question. Most people in her room are cult like zombies who just parrot what she says any and I mean any dissention isn't tolerated. So if your able to think for yourself stay away. Here are my experience and glaring discrepancies. Everyone was alerted to buy XLV when the trade went south people started selling off when they were down 25% BUT the entire markets were down about 8% overall. I said I am not selling I am buying the dip. That was the beginning of the end cause I was told "the rules are the rules" the next day I post a pic of my p/l that day where I was up 500 bucks from buying the dip the day before. I was excoriated for it. Later that afternoon they sent out an alert to buy into XLV when it dipped a little that afternoon lol I asked if anyone could help me write the code for an inductor in TOS. I was told they didn't do that, however several days later the room moderator Lorna told me she writes indicator code? I guess they only write them to sell to you for another several hundred dollars lol I was told they weren't gamblers, but by definition anyone trading is just that. That evening I got an email hawking a bunch of indicators that will "give you an edge" I asked what they considered a good profit per options contact and was told they don't look at it like that, however that evening I received an email hawking me RH's indicator bundle that was bragging about how much she made per option. The best part of this whole experience was customer service, they were very professional, helpful and refunded me my money in it's entirety. So for that at least was five star. I know nothing about JC or the test of the traders or rooms it could be totally different from Horner's option room.
Response from Simpler TradingSep 17, 2021
Hi Dave, Thank you for posting your feedback! We’re glad to hear that you enjoyed Raghee’s Charts and Coffee sessions on YouTube. She has a very effective approach to trading that’s allowed her to be successful with minimal time spent staring at charts. Please understand that we have rules that apply to our trading rooms. One of those rules is to always be courteous to others by not causing distractions and to understand that your question may not always get answered. In situations like this, we ask that you reach out to our support team for help. They are equipped to answer your questions about indicators and strategies. And yes, we do have folks on our team that write indicator code and scripts, but we do not offer this as a service. It’s not part of our membership and you would need to contact someone who offers this kind of service. Writing code for an indicator is not an easy task, but we do have documentation on how to do it through thinkScript. That being said, we do market our proprietary indicators that have been developed over years. Our indicators have been time tested and written to specifically enhance and simplify the strategies taught by our traders. Although there’s always an argument that can be made that trading is like gambling, and depending on your approach, it may very well be. However, our traders have years/decades of experience analyzing the markets, perfected strategies and setups for different conditions, and use tools to make informed decisions when they are trading. A “good profit per options contract” is very subjective and would vary depending on your account size and strategy. Therefore, that’s not really a question we can be expected to answer. Traders generally focus more on their overall gains and their win rates as a measure of success. And while we are an education based trading company, we are a business and yes, we will market our products based on how they’ve been leveraged for X amount of gains. We don’t make wild claims or promises. We cite specific trades in all of our marketing materials. We hope this helps clarify a few things. We’re glad to hear that you enjoyed your experience with our customer service team. Please know that refunds are not typically part of our company policy as you cannot return the products that you consume. Let us know if you’d like to check out some of our other services, many of which offer trial periods. Sincerely, The Simpler Trading Team