written by reader Any thoughts on Chuck Hughes / Tradewins?

By subprime, October 1, 2014

Here is the latest one I’ve received:
4 minutes to prove $7million profit, 96.79% accurate

4 Minutes To Prove It’s Real – Over $7 Million in profits and 96.79% Accurate!

Lifetime Income System

WOW… That’s one heck of an opening line!

And in this video you’ll get to examine actual account statements proving the reality of this incredible vision of mounting wealth…

The first week paid $4,831.20… then $6,755.36 in week two… week three paid $10,698.36… $12,295.20 in week four… then $13,697.46… and that’s just the beginning!

The income “snowball” you’ll witness in this video has a 96.79% win-rate and has produced a gross income of $7.485 Million over the past five years.

This is real money we’re talking about… nothing hypothetical or simulated…

And you won’t believe how low-risk, quick, and easy it is to do! Why not click on the link below and see for yourself?
Take Your 1st Step to a 6-Figure Lifetime Income

If you can spare just 4 minutes, I’d really encourage you to watch this Lifetime Income System video. Believe me; it’ll be well worth your time. Click here now.

Sincerely,

Terry Walker

PS Click here to download a free 122-page ebook… loaded with illustrations, notations, and actual trade records… showing step-by-step how you can easily turn a little-known trading “loophole” into a sizable weekly income. Click here now.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Jerry
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Jerry

Chuck Hughes is a pure SCAM ARTIST and a crook! I bought his book and DVD (neither of which had anything other than a bunch of bullshit broker statements from ten years ago) and a few hours later get a call about his exclusive advisory service. $6k for 1 year or $8k for two years! If I could tell myself now to save that money I would but I made the biggest mistake of my life bought the 1 year. Every trade he put out was pure garbage and caused me to lose upwards of $25k in the first 4… Read More »

william schott
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william schott

I bought chucks book off of CNBC. I did learn a couple things from it but some of the examples they used for trades can’t exist. I also received a sales pitch brochure in the mail to join his inner circle. One of the trades he shows on page 10 of the flyer was a market neutral calculator showing a costco trade. It shows the stock price at $119.42 and if you were to buy a 115 call strike you would pay.21 cents and you buy a 120 put for .21 cents. It shows that if the stock stays were… Read More »

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Jack
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Jack

william schott, from reading many posts such as yours, I am going out on a limb to make a guess at what happened. Chuck is surrounded by marketing people. My guess is that “team” hires a copywriter to produce the flyers that you spoke about. It would not be a far stretch of the imagination to guess the copywriter did NOT understand the subject at all. They do not know their arse from their elbow so to speak. Intrinsic value, extrinsic value, whats the difference, just fill in some numbers and hit print. Ditto for the “team” in the office,… Read More »

marie
Guest
marie

I believe that you could certainly be correct, Jack. I am not great with my grammar, but I certainly noticed that the ebook “Hughes Option Strategies” had NOT been proofread very well. There were areas that completely repeated information from previous pages.
I felt that something didn’t “smell right.” This team is supposed to be professional. Some people are putting thousands of dollars into Hughes’ pocket. I would think that the quality of the writing should carry some weight. (Aside from the fact that it made the reading, rather confusing)

Gary
Guest
Gary

One of Chuck Hughes’ suggestions is to create synthetic covered calls using options..ie he buys the ITM usually 95% Delta and will sell around the money or ATM receiving all time value, not a bad strategy but he fudges the numbers a lot per Williams S post. But he has not done well since our slight pullback started in Jan. The last few months his recommendations have been losing cause covered calls do not work in a downtrending market esp. while the chosen equity is also in a slight downtrend. It’s important to know when and where to enter your… Read More »

Charlie
Guest
Charlie

I recently tried a trial subscription to one of his advisories recommending debit spreads. it’s advertised as being 90% accurate. So far it is barely 50%. I am up on his recommendations; but only because I didn’t take all of them. Some of his picks tanked all immediately and there was no advice from Chuckie as what to do now. Most of the advisories I work with come out almost immediately with advice if a recommendation starts going bad. I notice he shows a track record going back to the market bottom in 2009; how nice to just happen to… Read More »

Steven
Guest
Steven

Look guys – if Chuck Hughes (or any of these ‘amazing’ guru option traders) has such a fantastic system, making 5 figures/month trading options – WHY THE HECK WOULD THEY WANT TO SELL IT TO ANYONE? They wouldn’t – they would keep it to themselves – accumulate a multi-million $$ nest egg and move to Hawaii or buy some deserted island and live like Sir Richard Branson!. I have been fairly successful being an options seller, but it took a lot of trial/error, patience and willingness to take risk and accepting losses – and YEARS of trading – some successful,… Read More »

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willyo
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willyo

Hughs is quite active in recruiting “students”. This thread is quite dated. Anyone out there using his service that can post comments that are more current???

Cansailor61
Guest
Cansailor61

I have been cohersed into husband program. WCA and weekly sales option Alert. I am also a novice trader. I have been semi successful. I have some winners and some losers. Two thing she I have learned education, education, education.. As well as look at all trades and evaluating what was right and what was wrong with the trade. I keep coming up with wrong entry and wrong following the recommendations and not doing the homework on the trade, if it was a low risk entry. Would have been more successful if I did. Wouldn’t norm have been in trade… Read More »

marksky
Member
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marksky

I have to say he does produce winners in his $39 newsletter and his trading strategies are sound if you like deep in the money call spreads. His trend following advice is pretty good too… That being said, I called in and Joe, the “salesmen” was very rude, pushy, and in a hurry to get to the next lead… I have a problem with the way they use the word “guarantee” too…. Not bad to spend a few bucks on as the info is sound, but if you don’t like strong arm sales tactics, don’t call in to ask any… Read More »

smamx9
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smamx9

I have been trading options for fifteen years full time. Must be doing something right still making money. In 2008 I purchased one of Chuck’s low cost books, I read and reread the book, I recreated all his calculators, I audited his historical trades and respective earning claims and found them accurate. I learned how to trade options following his entry/exit model, keltner channels, deep ITM buying etc. I absolutely believe in Chuck and what he is teaching. It works. I would recommend you do not watch his video’s until you have spent time with one of his books. Chuck… Read More »

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Rick Freese
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Rick Freese

I keep hearing bad things about Chuck Hughes. This program is like a lot of these ventures. They all tell you about how they made it big and how you can too for $6000. Isn’t that special. A small fortune for most people that might get coerced into handing over their hard earned savings. But, like this Facebook ad, all of them have this story to tell about how they went from rags to riches. They are wealthy. So, why do they want thousands of you hard earned dollars if they are already wealthy? Because like most of these, it’s… Read More »

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gsantana777
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Seriously Fellow Traders, there are only 4 stock trading mentalities; Donchian Channel, Moving Averages, Indicators & Candlesticks. Study all four & then gravitate to the one you understand & can manage. That gets you into the trade, then decide are you a equities or option trader. There are a two camps; fundamentalist and technical trader. Fundamentalist depend on long term stock performance, gravitating to stock ownership & hold long term. There are fundamentalist option traders for long term options. Technical traders depend on current price action according to the 4 mentalities, entering a trade when such technical show high probability… Read More »

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Jeff
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Jeff

Chuck’s trade recommendations are highly accurate and his methodology, while scary when initiating a position, really works. His last three recommendations in his long option portfolio have been big winners, FTNT, TJX and MA. I have followed with great success, but with slightly in the money options, not deep in the money like Chuck. I have not subscribed to his service, but curiously, everything that is likely in his service appears to be available online. Just Google him. Most are on YouTube. I watched all I could find, and focused on the DITM calls option strategy. His current holdings and… Read More »

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Shay A
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Shay A

I love your response! The guy is a real deal, however, why pay those incredibly high fees when most of those materials are available online from YouTube and other sources! You cannot be a world champion if you are not among the best! Unfortunately, the rest of the people in his organization are not Chuck Hughes, and chances are high one would be dealing with them for any Options related help after paying those fees! Just my 2 cents 🙂

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star5707
Guest
star5707

He promised to send option trades for 4 weeks took my money and disappeared. His phone number is also incorrect, along with his email address. Only way he could do this is he looks dignified and call himself a United Pilot turned into an Option Advisor!

dbonweb
Irregular
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I know there Might be a time limitation, but that’s why I always use PayPal to buy anything online. If that were me, after several attempts to get those Trading Options, I would have gone in PayPal and filed a Fraud claim. I believe they 1st credit your back your money and then charge back the vendor just like on a VISA card but PayPal is more efficient, better online communication trail and doesn’t go through all that reissue card crap. Then the Vendor has to Prove they gave you the service or product. In other words the vendor is… Read More »

abritc
Irregular
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I subscribed to Hughes Optioneering from late Jan 2018 to mid-Oct. I’m told this was not his standard expensive service. (It was an affordable $39 per month for 4 recs per week), and when you call their help line, most of the folks don’t know anything about it. The theory was to pick a stock in a strong uptrend that suffered a mid-size dip, then enter an in-the-money bull call debit spread. You’d win if the stock went up or didn’t go down by more than about 7.5% Up through June he picked about 50% winners and one could make… Read More »

TruthTeller
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TruthTeller

Preface & Context: I previously was a registered financial advisor and counselor (but not presently). I also have studied and traded markets for over 6 years. I’m not a newby when it comes to trading, but I’m also not a multi-millionaire pro trader either. I search for legitimate, decent, worthwhile trading education services that can actually provide something useful, that don’t cost you both arms and legs. TradeLikeChuck – the Book On the plus side: You can sign up to receive their book and DVD. I found the book down to earth, an easy read, and actually good for newbies.… Read More »

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Rick
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Rick

What you have written is valuable to every options trading beginner.

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Donald T.
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Donald T.

You touched on the main reason why all these trading advisory services are out there to do only 1 thing – pull as much money out of subscribers as they can, throw them a few ‘bones’ with a few successful trades, but in the long run, unless you are an expert market timer – you will lose on trading options this way. Several years ago I met with one of these internet trading ‘experts’ who sold proprietary chart trading indicators that supposedly gave you an ‘edge’ in e-mini futures trading. Over lunch he revealed something that confirmed my suspicion –… Read More »

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dbonweb
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Adding to that, Agora Publishing owns a couple dozen of these Newsletter Services. They’re all designed with the fish hook of only $39 a Year…however Each newsletter only tells you the story of Amazon, Microsoft, etc zooming 45,000% and all the Articles are about ADDITIONAL insider expert “Reports” on the Top 5 next Amazon but you have to act within days or miss out on millions. That only cost $1,450 a yr. so you get 4-6 of these extra Reports and they give your email address to “other leading multimillionaire traders that give Presidents of countries advice” that just happen… Read More »

dbonweb
Irregular
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Sorry, I wasn’t able to click the UPVOTE 100 times as it only allowed 1. Thanks for your Confirmation. Sounds virtually identical to buying into the VANTAGEPOINT AI Software. Guaranteed 87% success rate….the software program tells you what to buy, when to buy and when to sell with Amazing, Mind-Boggling, Super-Brain Predictive Futuristic forecasting for TOMORROW. Who wouldn’t want to know exactly what’s going to happen tomorrow. Problem is you’re teased for a few weeks with the whole 1,500+ database of stocks and afterward you pay for a couple hundred stocks and realize you have to pop for $1,000 to… Read More »

gsantana777
Irregular
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Truth Teller, you are absolutely correct everything stated. Just because a season trader might get another book, attend webinars and/or check out services does not mean I need help. It means either validation the product is good or bad, or I am validating what I am using works better than the trade education and/or not worth their price. I attended Phil Town’s 3 day and here are the boiled down takeaways: > Most show boat about how he got started, the markets and establishing your investment house as well as buying into their priority Buffet style software. > Cover Calls,… Read More »

jillsami
Member
👍154

Check out Bill Spetrino’s services. You will learn everything you could ever hope to learn about trading stocks and options. He is always available to respond to those who subscribe to his BIO forum. You will also be able to meet Bill at one of his monthly Fairs. I discovered him through this website. Look up The Dividend Machine newsletter which costs only $100 per year. Bill invites those subscribers to join the forum (By Invitation Only). The price is about $500/year. So for a total cost of $600 you will have everything you will ever need to become a… Read More »

Bob Nonnemaker
Guest
Bob Nonnemaker

Thanks Richard. You seem like a very nice man and this posting was extremely helpful. I am 62 and in semi-retirement and have always wanted to get into trading options, but just haven’t had the time. And when I did find something that seemed like a good education and trading service, I followed up by looking at reviews and there was always pages of bad reviews. I felt like I couldn’t trust any of these “systems” that are being pushed on people. I have always felt that I would also enjoy the excitement of trading options. I am not out… Read More »

Bob Dilks
Guest
Bob Dilks

Jillsami
I just read your post and certainly will ck out Bill site since i have been looking for a legitimate service that i could rely on,which is not easy to do.Any advice that i should follow would be appreciated.

Bob Dilks
Guest
Bob Dilks

Jillsami
Im 84 and like options but have dabbled in puts and calls and would like to learn more so i could invest wisely so im open to any suggestions and would enjoy hearing from you.

Jacob David
Guest

I called and talked to Ed. While Chuck’s courses sell for $1997 online for the Weekly Options Alert, Ed quoted me $6,000/- I guess he is reselling the course, and will get to keep $4K for himself, on each client he manages to get. Capitalism is the name of the game. Best to join online, which is a 2 year membership and comes to $2.77 per day for 730 days of membership. Chuck’s guarantee for $100K however is not mentioned anywhere in writing, although his webinar claims it. Also he says that he can guarantee your win. The 3 solid… Read More »

Colleen
Guest
Colleen