Simpler TradingReviews of simplertrading.com

Such a great team, patient and responsive to our questions and the moderators have a great diversity of knowledge, strategies and opinions. I'm still learning new things every day even after 5+ years with Simpler.

I joined Simpler trading for the minimum 3-month membership. Three months later I lost 35% of my account and I was out $700 for the membership. I mainly followed John Carter the founder of the site. First, you get the sense that he is not interested in teaching, he is interested in making money through teaching. For example, if you ask him in our chat room what MA are you using on a certain chart he will not answer. He would have to be asked by many to answer. Another thing is he rarely replies and if he does, he replies to inconsequential comments. Like if someone is joking about an earnings report or their weekend, he would chime in. But if the question is informational like what R:R do you target? or where should our stop be for this trade? then he will not answer. He will sell you a course separately on how to trade but this $700 is just him telling you what trades he is making. Secondly, he rarely trades maybe two trades a week tops. Thirdly, he would have no trades in the chat room but then post a video on YouTube about a trade that he placed or already nailed! except, we in the paid session have never heard of it! He also wasted our time with various webinars that pose as educational. "How I made a million dollars..." and so on, but an hour into them you realize that he is just telling you how he follows his proprietary indicator and then on the last slide hits you with the price plan. That's when you realize: you've been watching a sales presentation. If you don't believe me, watch a random YouTube video that he posted. Finally, I would say that while John does share anecdotal stories and some videos on his monetary successes, for the rest of his team there is no validation that they are successful. There is no trading log or P&L statements or a third-party record or anything. How do I know the guy teaching me is better than me and isn't just an employee of an educational firm?, an everyday analyst but a trading hobbyist. If you want to teach, you owe people this information. Like the college professor's degrees behind his desk. Finally, there is no sense of comradery that develops like other trading chat rooms because they keep all chats private except what their employees share. So you don't get the team competitiveness and herd learning which happens in other chat rooms. You just can't help but notice a common thread of greed and for-profit objectives that drive John. I think John Carter is a successful trader and a nice guy, I just don't think he wants to teach. I think he wants the business of teaching and it shows. Don't waste your money on this. Don't pay $700 to be ignored and upsold. Find another service.

I have been at this for about a year. I have run my account from 4,000 to about 20,000. It seems to be so slow, but it is positive. When the market fell so fast due to the world wide virus, I was out of this 2 days before it crashed. I got back into it right after it hit bottom. I switched from options to stocks. I did this because I could not spend all my time all day long in front of the computer. I do have a real job. I love trading, but I am a little more conservative. John and his team has taught me so much. One of the things he taught me more, is to watch the market and pick just a few stocks or options, and just watch them for a long time. John;s tools are good, but you do have to understand when they will work, and when they will not work. Along the way, I found tools that worked for me, and my style of trading. I just looks at the stock in the morning and the afternoon. If I trade, it is just once a day at the most. I do have to say, I had lost a lot of money before I started with John. I also see that markets have a lot of patterns, and the big boys have the philosophy down very good, to beat most of the smaller traders. 80% of the people lose money in the stock market, which interesting enough about the same as these reviews. The one advice I would give anyone, is to NOT trade from emotions. Find you a pattern and if it works, stock with it until it doesn't work. The market is always shifting, so the patterns will not work forever. The more people use them, the more likely they will not work. If you want to get rich, then invent a pillow, and market the hell out of it. If you want to have some fun, then plan carefully, and go for the market. John and the gang do real good. The only problem I have, is they move a lot faster than I do. They know a lot more than I do. They have a lot more tricks up their sleeves than I do, but I have about 4 tricks and they work about 75% of the time for me. I do not grow that fast, but I am growing. I was trying to teach my son, but he was too impatient and lost his account. (He ate the rest). This is good, but not perfect, you will have to do your work, to make this work. No ifs and buts about that.

I'm considering signing up for their 7-day trial and I want to make sure it's legit and that I can find a way to cancel after the 7 days. I'm reading through the terms and conditions and it says I must email or call and get an email from them before i am cancelled. I've called the number twice and there's an answering machine? who uses that anymore? and the online chat is useless.. I've been waiting for about 20 mins with no answer.. pretty bad start here! No thanks

Upseller of a service and that is all. Was joined to them for a month and just like everyone says they start to upsell you on everything. You want to get the basics of john f carters knowledge just read his book...100 million times more value than anything on that website. If you want to really learn how to trade properly and you need guidance, look to chris brecher's service who was a partner with john but i believe he left because of john's antics (look him up on google to find him. He has a huge amount of knowledge and knows how to analyse price action very well. No one can be 100% right all the time but he's had years of experience and it shows.

I took the original small accounts mastery class and then signed on for the year of live monthly trading. It started out good, and then they got greedy. They kept adding more new people so the course didn't progress or build upon concepts as basic things continued to be rehashed. There was no systematic approach that a person could follow. It's like they are always withholding information so you are dependent upon them. They are definitely about sales and marketing of indicators and courses, not really about educating people to become independent successful traders. There would be no money in that right?!? I was so excited about options trading, and now all I feel is frustration.

Pretty disappointed after two years of on and off subscriptions endless marketing of buying this indicator or that service. Started with small account lost money on pretty much all his trade alerts, he is way too aggressive to think he can help newbies, he thinks nothing of posting a trade and have it lose 500 and cuts bait. If your new trade in a paper account. can't emphasize enough, Also They sell you a class or and indicator and after that, poor instruction on how to use them and you're pretty much on your own, customer service sucks you'll never get a refund, Now if you a pro maybe it has some value But for the most part, Marketing Marketing Marketing

Fair information but far from good value for money! They offer good content if you are new to trading. The best they offer are the free videos. The paid subscriptions are not that good and are expensive. I took the small account course for 6 months, followed the suggested trades and lost just over 30% of the account value. When I asked about the performance John ignored the question, never received a response to the detailed email on over 65 trades. They try to sell you one tool after another and one subscription after another while not providing professional and methodical explanations on what they do. As an example they provide a spreadsheet with each trade entry price suggested exit price and date exited but do not provide a summary of the monthly PL. They only do so when promoting a course and when they do, it is a ver exaggerated PL.They also do not teach you the use of the platform and many of the indicators they sell can be obtained free from the Think or Swim platform, but they do not tell you this. If you want to learn to use the ToS platform, try Theotrade.com which offer free training on ToS. If you want trading strategies and trades for free and free training try Tastytrade.com. Both far better and friendlier and Simpler Trading. John is a great salesman but not that good as a teacher or trader. I believe he makes far more money from selling tools and courses than he does from trading. I did pay for several courses and learned something but will not do it again.