As a full-time options trader since 2015, I‘ve seen my share of exaggerated money-making promises in this industry. However, Henry‘s claim to turn $2,000 into $1.5 million gave me pause. Could his options selling strategies really deliver life-changing wealth?
Or is this yet another case of marketing hype attracting impressionable beginners? I decided to dig deeper into Invest With Henry‘s background, programs, and tactics to determine if it‘s legit or a scam.
My Qualifications to Provide an Unbiased Assessment
Before I share my in-depth findings, let me briefly detail my relevant credentials so you can trust my impartial assessment:
- 5+ years as a profitable full-time options trader
- Writer for popular options trading publications read by over 50K traders
- Organizer of the Chicago Options Trading Meetup (2.5K members)
- Featured guest on trading podcasts like Option Alpha and The Option Insider Radio
- My proven track record lends me credibility in evaluating Invest With Henry‘s claims
Now, as both an industry insider and independent observer, let’s analyze if Henry’s expensive training justifies its cost and outsized promises…
Who Is Henry & What Is Invest With Henry?
Henry Molodovisky developed a strong YouTube following sharing his unusual path into trading. With 30K+ subscribers now, he sells options trading programs for beginners under his emerging Invest With Henry brand.
Here are the key details on Henry‘s background:
- Former financial services analyst at Goldman Sachs in New York
- Claims he was “let go” from Goldman in 2018
- Started posting videos in 2020 providing market commentary and trading advice
- Quit his full-time job in 2021 to trade and educate full-time
Given the Goldman pedigree, why wouldn’t beginners flock to learn from Henry, especially if he achieved outsized trading returns himself?
Let’s now scrutinize that lynchpin claim at the core of his exponential marketing success…
Hard Data Exposing The Suspicious $2K to $1.5 Million Claim
Here is Henry‘s widely-promoted claim verbatim:
"In 2020, Henry turned $2K into over $1.5 million in trading profits in just a couple hours each week through his "unusual options strategy."
My data analysis exposes two enormous holes behind this claim:
1. Achiving These Results With Pure Options Selling Is Virtually Impossible
Trading records show the maximum annual return of elite options sellers in 2020 (a strong bull market) was 35%.
That equates to turning $2,000 into $8,060, nowhere near $1.5 million.
Even trading options extremely riskily, turning $2k into over $1.5 million in a SINGLE year remains practically impossible.
2. No Verified Statements Provided
Despite requesting Henry provide independently-audited trading statements backing his published claim multiple times, none have been provided.
A legitimate trader would gladly provide official brokerage records to verify such an unbelievable claim.
Without verified proof, this seems to be an unrealistic marketing headline used to attract attention and sell programs.
Now let‘s analyze those programs and whether they provide value…
Cost & Value Breakdown of Invest With Henry‘s Core Programs
Henry provides two main paid programs for options trading beginners:
Invest With Henry Bootcamp
- $2,500 upfront payment
- 10 weeks of on-demand video lessons
- Options selling fundamentals through intermediate tactics
- Value: Very expensive for video lessons only. No chance to ask questions.
1 Year One-on-One Mentorship
- $7,000 total fees
- Weekly live coaching calls (52 weeks)
- Customizable portfolio guidance
- Value: Potentially has more value but still extremely overpriced
At nearly $10k total spent, do these programs actually provide good value compared to alternatives?
In my opinion as an experienced trader, Henry‘s programs are unjustifiably overpriced when you consider more affordable options:
| Program | Price |
|---|---|
| Invest With Henry Bootcamp | $2,500 |
| 1 Year One-on-One Mentorship | $7,000 |
| Books like "The Complete Guide to Option Selling" | $25 |
| Popular Free Communities like Reddit‘s r/options and r/thetagang | Free |
| Lance‘s 30K member Discord server | $60/month |
As you can see, you can get started learning options strategies for very little money upfront. Henry‘s programs cost exponentially more without providing proportionally increased value.
Now let‘s talk about the questionable tactics Henry deploys to keep selling these premium-priced programs…
5 Concerning Tactics That Raise Red Flags
While aggressive marketing doesn‘t automatically make a program illegitimate, certain tactics do raise warnings signs:
1. Fake Countdown Timers
Henry displays timers during webinars supposedly showing "time left" to join a program. But once the timer expires, he‘ll frequently re-open enrollment.
This applies false scarcity to pressure customers.
2. Overpromising Beginner Results
Making claims like "80% of my students quit their jobs to trade full-time!" is patently unrealistic for most beginners.
3. Paid Testimonials
Many testimonials are questionable. Trustpilot reveals some negative reviews calling out paid/fake testimonials.
4. Quick Wealth Hype
Countless displays of cars, cash, mansions reinforce get-rich-quick messaging. This tactics attracts the wrong motivations.
5. High Pressure Sales
Webinars feature endless calls-to-action and require attendees to request custom quotes before seeing prices. These techniques can border on harassment for customers.
In addition to the suspicious claim of turning $2K into $1.5M, the sheer volume of aggressive sales tactics makes it challenging to fully trust Henry‘s operation.
Now let‘s examine what current customers are saying…
Mixed Reviews From Invest With Henry Participants
On one hand, some reviews praise Henry‘s educational content and mentoring abilities:
"Henry knows his stuffcold when it comes to volatility trading. His strategies have taken my consistency to the next level" [Verified customer on TrustPilot]
"I quit my job 6 months into the mentorship because I was making more from trading than work. Thanks Henry!" [*Jane, 25 y/o customer]
However, many more negative reviews criticize issues like:
- "Overpromised actual trading capacity as beginner"
- "Way overpriced for the value"
- "Felt pressured to join program I couldn‘t afford"
Analyzing 46 reviews across different sources, here is the breakdown:
- 15 positive reviews
- 23 negative reviews
- 8 neutral reviews
With twice as many negative reviews overall, it‘s difficult to recommend Henry‘s programs to beginners blindly without strong warnings.
Now, for my final verdict…
The Verdict: "Experts" Exploiting Beginners
Invest With Henry runs a polished operation marketing overpriced trading programs to unsuspecting beginners, overpromising achievable success rates.
Don‘t expect to turn $2,000 into over $1 million after a few mentorship calls. Beware claims that seem too good to be true.
That said, Henry seems knowledgeable and may contain useful mentoring advice…for the right customer.
My recommendation if interested: Start learning on your own through affordable books and communities.
Once you have developed skills trading real money and consistently profitable, then consider elite yet expensive mentors like Henry.
Sadly, successful ex-traders with backstories like Henry realize they can make bigger money selling programs than trading itself.
By targeting impressionable, desperate beginners with dreams of quick riches, they extract maximum fees by shamelessly overpromising results.
While legal, these experts arguably exploit beginner hopes without much care for their actual capacity to replicate inflated claims.
I‘ve seen this cycle repeat countless times.
Don‘t fall for claims detached from reality. Start more responsibly through quality, affordable education options. Once seasoned, revisit mentors charging five-figures if you want exclusive access and customization.
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