Sam Parikh, also known as @Smarterrader on Twitter/X, is a well-known trader, educator, and founder of SmarterTrading411.com. He focuses on technical analysis, options trading, and provides in-depth market insights through his educational resources.
He has built a reputation for claiming that he has a unique approach to options trading based on so called “beast numbers” which many have pointed out are actually just GEX numbers.
User Reviews Summary:
- Pros:
- Educational Value: Many users appreciate Parikh’s ability to break down complex trading concepts, especially options strategies, making them accessible to a broader audience.
- Trading Insights: His daily market insights and trade ideas are highly valued, with several users noting that his strategies helped improve their trading performance.
- Practical Focus: Users enjoy the practical, real-world application of his teachings, focusing on actionable strategies rather than theoretical knowledge.
- Community: The Smarter Trading community is often mentioned as a supportive group where traders can learn and grow together.
- Cons:
- Pricing: Some users feel that the cost of his premium services or courses can be high, especially for beginner traders.
- Huge Losses: Many users have pointed out over the years that Parikh tends to rack up huge losses and hides them from his audience/students and chooses to focus on a few winners.
- Options Focus: While Parikh specializes in options trading, a few users looking for broader coverage (e.g., equities, forex) felt that the content was too options-centric.
- Trade Dependence: A few reviews mention that newer traders might become overly dependent on his specific trade calls rather than developing their own independent strategies.
Overall, Sam Parikh (Smarter Trader) receives strong mixed reviews for his e content and practical options trading. He has users who wear by his methods and others who have claimed that he is running a scam. Smartertrader nor any of his products/services have not been rated by Stocks & Futures Trading Magazine.
