To Critics and Keyboard Warriors

 

Date: 4/26/2022
Author: Chris Hood

 


Be sure to check out new episodes of my video podcast each week, where my ace pupil Brian Jones and I talk the ins and outs of options trading- and give you insights and strategy that you can immediately put to work for you in the markets.


Even though I try to steer clear of trading chat rooms and social media groups on trading, sometimes I get sucked in.

Honestly, I just want to see if anyone there is a legitimate trader.

I’d written these things off in the past, but occasionally there’s someone worth talking to.

Mostly though, it’s the blind leading the blind.

Outrageous claims, shameless marketing, and knock-down-drag-out arguments about indicators and methods.

If these “trading gurus” are that great, where do they find the time to post all this?

“I’m so busy planning, trading, coaching, and consulting that my days are full. I have to carve out time to do the other important things in life – like spending time with my family and training in martial arts.”

Needless to say, the content is like a train wreck.

I’m obviously not going to respond…but the shock value is too much for me to turn away.

What I find most interesting are braggarts with screen names like EatingShorts02, who seem to do nothing but criticize people.

“Oh, you’re buying puts. Good luck losing bro!! Everybody knows this market can’t be stopped!!!!”

Another 19-year-old with a Robinhood account who’s been trading for precisely six months has it all figured out.

And if you post about using a Fibonacci retracement…

EatingShorts02 will let you know just how wrong you are because “THAT NEVER WORKS!!!!

Let’s give this guy the benefit of the doubt and say he’s actually a decent trader in his mid-thirties who’s been profiting consistently for a few years.

Why someone be that defensive?

I’ve learned over the years how many ways there actually are to win at options. There are so many paths to the top of the mountain of profits.

Why would I care if someone thinks about it if my system is working?


 

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I make great money year after year using my preferred indicators and rules, so I’m not bothered by some keyboard warrior criticizing my ideas.

I’ve heard people tell me that I make too many trades.

Some look at my charts and see far too many indicators, and others believe I don’t risk enough on my strongest set-ups.

In fact, I’ve had these so-called experts call me out for almost every aspect of my trading style.

Am I going to change anything?

Of course not.

You don’t try to fix something that isn’t broken.

My win rates range between 60-90%, and my profit/loss ratio is always over 1.00. As a result, I seldom end a week, much less a month, without hitting my income goals.

That’s really all the validation I need.

I trade this way because it works and lets me trade comfortably. Simply put, my system fits my personality and lifestyle.

What’s equally important is that my subscribers do well with these methods.

So I’d suggest steering clear of these hostile chat group environments and focus on your own system. Join a group like AlphaHunters for a real options education.

And if you don’t join us, at least hook up with some legitimate service before you blow up your account following advice from people who know next to nothing.

I rarely get on a soapbox and rant…but I just had to get this off my chest.

My coaching services don’t pay my bills.

I make my money in the market.

But I genuinely want to see others succeed. I want to allow you and other traders the opportunity to learn the valuable life skill of trading.

I’d love to get EatingShorts02 as a subscriber despite his bad attitude. I know someone like that will likely never take advice from anyone, but I can still hope.

And if they’re reading this right now, just know that I’m not really mad but concerned.

You’ve been misled by some book or other trader. Give me a chance, and I can put you on the road to consistent profits.

Cheer,
Chris Hood

 

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