Chuck Hughes Inner CircleIs anyone investing with Chuck Hughes and what results?
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I have been using his Inner Circle and Weekly Option Alert Services since March 1, 2016. While it has only been 2 months and earnings season just happened, I have been disappointed with the mixed results. I am up a little over 2.67%(maybe even less) using his recommendations. There are some very nice winners, on the order of 5-20%, but the losers are 20-30% and this is what screws the returns. I told myself I would stick to his plan because with audited results showing 200% ROI, time and enough trades should bring better results, but I have to say that I am more than a little tempted to go back to the security of trading covered calls.
I am interested in the Chuck Hughes Inner Circle program. $7K for one year and $10K for two. You were not very impressed with your initial results. Now that you have had more time with the program, how has it been doing?
It is now the end of 3018. How are you doing as part of the Inner Circle?
So here is my update and impressions so far. Chuck is a trend trader. When there is a good trend and you follow his rules about buying deep ITM calls when the underlying is in the bottom of the Keltner channel, those trades work out very well. The covered calls/married puts also work fine as long as you buy them at the right time. His spread strategies also work pretty well. When things started, I allocated 100K to his Inner Circle recommendations and that went to over 200K in 7 months in 2016-17. Then Jan 2018 happened and it was murder. His trend determination is based on a price crossing over/under the 20 month EMA. Obviously, with the whip saw market activity in 2018, the market is poking below and above this indicator and this makes trend trading difficult. Like everybody, his FAANG picks have suffered, his healthcare picks have done well. I will say he put out a letter commenting on this volatility and how it is making for tough trading and he has offered to allow his members to take a breather from the action. This means you can sideline your trading and membership until you want to get back in and that time won’t count against your membership period. I hope this helps.
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SoGiAm says: May 16, 2016 at 10:30 am
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Chuck advertises on TV – red flag #1. “Chuck turned $4600 into $460,000 in two years” – possible, but very improbable to get 100X (that’s 10,000%) in two years, red flag #2. Chuck will give you a “free” book, just pay shipping – Red flag #3. Chuck charges $5000 to get his ideas, and “guarantees” you to succeed or your money back – red flag #4.
If Chuck was able to continue this investment success since when he says he started, he would have cornered the entire stock market by now. We would now all be trading equities with Chuck, whether we knew it or not. If he now generates $50K per month income from this investment portfolio, that would be like getting 10% on a $6Million portfolio, so what happened? His incredible investment returns can not have continued as he states so himself. His monthly income sounds more like 10 subscribers a month at $5K per.
I was watching a Chuck Hughes promotional webinar, and so I did an internet search for his name and glad I did – at least 20+ people calling it nothing but a scam, and that you can’t get your money back like they say you can. Also now it “only” costs $1997 for the GROW program, but like it said on several complaints, they will keep trying to upsell you to more of their programs.
https://usacomplaints.com/complaints-reviews/offender/Chuck+Hughes/
Not Worth it.
Correct. If his success claims were true he would own the entire planet by now.
Hughes Inner Circle
The service offered ($3000) forgiven as an enrolment for a limited time. Charges are $7000 for one year or $7000 for 2 years. Pushsy sales tactic was my experience. May be worth but I let you guys decide. No idea re track record.
Sorry $5000 for one year.