I signed up with the Simpler Trading $7 trial (for one month) to get some insight into Fibonacci trading with Carolyn Boroden. The subscription price is $197 per month after the trial. The software that they use is very old and it is hard to see the details in the charts. Carolyn does not come out and say where the market is headed even though Fibonacci is a leading indicator and that is the reason why people are interested in using it. She says stuff like "if the market doesn't go up, then this trade is a bust". Ever since the market volatility increased in August 2019, she's stopped using Fibonacci for the indices since in her words "the market is crazy". There are other traders on Simpler Trading. As far as I can tell, they are all about signing up as many people as they can for expensive subscriptions and courses. I viewed Bruce Marshall's videos for one month and he was wrong most of the time about where the market was headed!! Raghee Horner's videos are better than the other traders but she seems to care greatly about sales, and sends lot of emails trying to get people to sign up for her expensive courses. And I've read some bad reviews about John Carter's trades (many people blew up their portfolios following his advice) and that he is not really a trader, only a salesman, who is the owner of Simpler Trading and is out to make a quick fortune. Be careful with this company and its traders!!
Review by Bhekisipho Szarzankiewicz3 months ago
Signed-up in 2017 and followed the trade alerts specifically from Henry. Lost half of my equity after a year.
Review by Bafford7 months ago
This company is a rip-off. I Tried to cancel a course after one month. Because I could find the time to fallow it. They refused and said I had to pay Two more months $198.00. I have Never used anything from them. I was not asking for the $ 97:00 for the first month, Just not charge me for the next 2 TWO months. Beware!!! They do not treat their customers fairly!
Review by Avijot8 months ago
Signed up for a trial in March for $7 - and I lost more than $7000 with their Trade Alerts.
I signed up because of John Carter - I have his book. I've been wanting to join Simpler Trading but I had to save a lot to take advantage of their Trade Alerts. Now, my faith in him has been shattered. As a novice trader - he was an idol I placed high up there.
I know puts and calls and that's what I've been following - all of their puts and calls trade alerts I have executed perfectly as I never left my computer and followed every word spoken. Actually, they buy a lot more calls as JC said he'd avoid shorting stocks as companies will do every PR stunt they can to keep their stock prices from falling.
And yet I lost money. A lot of hard earned savings.
Now, the very foundation of education that I learned from JC's is being scrutinized - if most of John's trades have failed despite with his knowledge of 20 years and with an ingenious array of indicators and tools - why should I believe in him now? What are my chances now as a novice options trader to succeed and quit my job?
Thanks to John and his team - it made me realize that I will continue with my honest work as a janitor and quit trading options forever. At least, I'm not conning people.
Oh, he also has Raghee Horner in his team as well as I just found out - she is a "Forex guru" that made me quit Forex in 2007. (Yes, I bought her system back then and it flopped! Am not the only one.)
In the class, they will tell you that the trades you placed are your own responsibility even if you followed their trade alerts - yes, my fault for putting my faith in some people I thought was much better than me in trading.
But, now I certainly don't need their help in losing money.
Review by Copenhagen1 year ago
Great Education service and company!
John Carter and his team of traders that are top notch! They really know their stuff and have a passion for sharing their techniques of how to trade the markets.
They also provide a service which allows you to watch them trade live plus receive text alerts sent directly to your phone, so you can follow the trades they actually put on for themselves.
Overall I highly recommend checking them out (SimplerTrading.com)
I've been a member with the company for well over 4+years!
Simpler Trading is rated 2.0 based on
Trust Mamma Reviews
Our reviews are aggregated from multiple sources to give you the best overview about simpleroptions.com.
North Quinlan Park Road 4300