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Warrior Trading - FTC scam alert


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Warrior Trading - FTC scam alert

  #51 (permalink)
 ZB23 
Atlanta Metro Area
 
Experience: Intermediate
Platform: Rithmic API
Broker: Ironbeam
Trading: Futures: CL spreads, IR outright.
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Posts: 145 since Feb 2017
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I don't think Ross Cameron was trading on a demo account.

His problem is that he sold his system to any and everyone. Most people who purchase systems have no business trading.

Further, he traded a lot of illiquid assets. By the time he announced his signal, he's already liquidated his large (and influential) position in the thinly traded asset.

All in all, the fine is appropriate.

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  #52 (permalink)
 
hen322's Avatar
 hen322 
San Francisco CA
 
Experience: Advanced
Platform: NinjaTrader, TOS, Jigsaw
Broker: Dorman Trading
Trading: ZN and Stocks
Posts: 147 since Apr 2019
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Warrior Trading seems like it gives good information to start and to learn the basics. Video below gives a good explanation from real students.

Then you need to practice!
Below is a list of guys who are using similar method (low float stocks), live stream every morning on YouTube, showing you they are making over $1000 most days, right in front of you!

They all use live accounts in TOS and show their live PnL for the day and month.

*Juan Martinez (live streams every morning, does recaps too, averages ~$1000/day)
*Relentless Trader (live streams every morning, does recaps too, averages ~$1000/day)
*Mighty Stocks (only posts recaps, no live streaming, starting to average ~$2000/day)
*The Trading Farmer (Live streams most days, averages ~$3500-4800/day, gets depressed when making only $1000)

Any questions? Ask them in their chat.
I don't think it's a scam.
It seems that Ross is just teaching you how to play, then it's up to you to practice and get good like the ones posted above.

“Successful people ask better questions, and as a result, they get better answers.” – Tony Robbins
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  #53 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,666 since Jul 2012
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Give any of those a try with real money, and please report back how you do. That would be a great help to the community!

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  #54 (permalink)
 
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 hen322 
San Francisco CA
 
Experience: Advanced
Platform: NinjaTrader, TOS, Jigsaw
Broker: Dorman Trading
Trading: ZN and Stocks
Posts: 147 since Apr 2019
Thanks Given: 183
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kevinkdog View Post
Give any of those a try with real money, and please report back how you do. That would be a great help to the community!

They ARE using real money, if you are familiar with TOS, you will know what the platform looks like when it's in demo or when it is using their real account. If they were using sim trading, I wouldn't have posted their Youtube names. Just like you, I'm all about REAL money

If that question was towards me about trading like them, I would not be interested. I'm all about John Grady's orderflow style, but watching these guys make money right now, makes me question my path.

Their strategy includes using low float stocks with high volume, and they keep track of halt levels. Please watch their channel and performance before judging them.

“Successful people ask better questions, and as a result, they get better answers.” – Tony Robbins
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  #55 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,666 since Jul 2012
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hen322 View Post
They ARE using real money, if you are familiar with TOS, you will know what the platform looks like when it's in demo or when it is using their real account. If they were using sim trading, I wouldn't have posted their Youtube names. Just like you, I'm all about REAL money

If that question was towards me about trading like them, I would not be interested. I'm all about John Grady's orderflow style, but watching these guys make money right now, makes me question my path.

Their strategy includes using low float stocks with high volume, and they keep track of halt levels. Please watch their channel and performance before judging them.

There is a difference between THEM using their own money, and YOU (or me or anyone else) trying to replicate their results with real money.

Understanding WHY there may be a difference is key to unlocking the story.

That was my point.

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  #56 (permalink)
 
hen322's Avatar
 hen322 
San Francisco CA
 
Experience: Advanced
Platform: NinjaTrader, TOS, Jigsaw
Broker: Dorman Trading
Trading: ZN and Stocks
Posts: 147 since Apr 2019
Thanks Given: 183
Thanks Received: 276


kevinkdog View Post
There is a difference between THEM using their own money, and YOU (or me or anyone else) trying to replicate their results with real money.

Understanding WHY there may be a difference is key to unlocking the story.

That was my point.

Sorry for the misunderstanding. To reiterate my point, "it takes practice" and all of them gave their testimony about that. I'm not trying to do what they do, I'm just responding to this thread, and how others are being successful at it, and showing the public live on Youtube.

“Successful people ask better questions, and as a result, they get better answers.” – Tony Robbins
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