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Report: #1458145

Complaint Review: Smartertrader Sam Parikh - Garland Texas

  • Submitted:
  • Updated:
  • Reported By: David — chicago United States
  • Smartertrader Sam Parikh

    Garland, Texas
    United States

Smartertrader Sam Parikh Smartertrader , Smartertrading411.com, Sam Parikh Smartertrading411.com is a SCAM. Big RIP OFF! BEWARE!! Garland Texas

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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 lie. @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, aka @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.

This report was posted on Ripoff Report on 08/25/2018 10:32 AM and is a permanent record located here: https://www.ripoffreport.com/reports/smartertrader-sam-parikh/garland-texas/smartertrader-sam-parikh-smartertrader-smartertrading411com-sam-parikh-smartertrading4-1458145. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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