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I received an invitation for a 'free Monday' and I found quite interesting. I don't day trade stocks and participated out of curiosity as the claims were quite amazing (someone that turned hundreds of thousands in few months, etc...).
The room was very lively with over 1000 people at one point. The trades at least today were quite good, not only from the moderators but also from some members, but I didn't do a complete analysis of the trades as I was busy with my own work. But as I glanced the trades on my Tradestation platform, they seemed to have worked fine as I said.
Would love to hear some real experience. Maybe something I could consider add to my portfolio of trading styles in the future.
Can you help answer these questions from other members on NexusFi?
All you need to know...complete and utter scam....Calls trades at unrealistic fills and after the fact... Saw him try to sell his crap for one day and that was enough. also believe it was reviewed at trading schools.
I would concur. Complete and utter sham. The only "live" money they handle are subs and course sales where they have special "limited deals" all year long. If you go to the free mondays you'll notice any real questions or complaints are shut up quick.
Most people are joining this room to use as a signal service and frankly I'd warn people NOT to.
Ross' trades are mostly at the open and are usually on equities that have low float, huge spreads and with news. This usually makes them too fast for the trader and for anyone who is trying to shadow, well you WILL lose your money on the chatroom fee, and from the trade. If you really want to trade then you have to use the info on the scanners to decide when to trade. Unfortunately to do that you need to cough up for the course.
The 'free Mondays' are a way for WT to entice newbie chatroom and course subscribers so beware.
By the way, one of the mods Ed has a log on Youtube and you can view at [yt]https://www.youtube.com/channel/UC7MiRgtNwX-xSTZezTC4lCA[/yt]
WarriorTrading ie "Ross Cameron" and his buddies "Mike" and "Jeff" (who knows if these guys' names are real?) are popping up in my YouTube recommendations due to all the trading related people I am following.
Out of curiosity, I watched some of their videos, but ended up turning them off only part way through. Their website and marketing is SUPER slick. If you really know anything about trading, you gotta ask yourself: If these guys do so f(&*@ing good trading (Ross claims to take $538 and turn it into $1/2M in one year), how do they find so much time to teach trading, do all the marketing and website stuff, make videos, etc.? My opinion is that a truly profitable trader is going to spend 99% of their work time and possibly a large portion of free time working on their trading - either actually trading, or learning about trading or working on longer term projects related to trading. "Those who can't, teach" comes to mind.
It struck me that they really hustle to sell their coaching/mentoring or whatever. A trader who is really worth his/her salt is not going to hustle this hard to sell their coaching. They are going to trade, because its more profitable and frankly, less hassle. Years ago, I had a business that dealt with consumers. I've also worked for others as an engineer in manufacturing in customer facing roles, where our customers were businesses. Customers are a huge hassle. I'd rather trade. There's only so much time in a day. If you are a profitable trader, you don't have time to do all the stuff Warriortrading does for marketing and teaching.
WarriorTrading's marketing is wayyyy to slick to be coming from real traders that happen to teach a little trading on the side. The TradingSchools review just confirms what I inferred from their marketing, website, etc. Unfortunately, people who don't know what a profitable trader looks like will be fooled.