chances are these types of vendors would teach you the mechanics of trading. They're not going to teach you the edge! unless you're the younger brother of his future wife.
Is Ross Cameron from Warrior Trading P&L statement is legit?
- Thread starter TradeTune
- Start date
- He trades small caps
- He is first, entering a trade in a chat-room that claims to have +5000 traders
That is what you want if you are a small cap trader, everyone to follow you like a horde of minions.
Good luck if you are the last in the queue.
His methods might be legit to find stocks to trade on, but it is obvious that his business is to convince that horde of minions to go after him.
- He is first, entering a trade in a chat-room that claims to have +5000 traders
That is what you want if you are a small cap trader, everyone to follow you like a horde of minions.
Good luck if you are the last in the queue.
His methods might be legit to find stocks to trade on, but it is obvious that his business is to convince that horde of minions to go after him.
If I remember correctly, he makes about 10 millions per year from his courses.
Only 1 in evey 1000 of his students make a living day trading.
Right? If its a small cap it doesn't take much to move price. Are there any real traders other than retail traders? If I bought a bunch of calls and then posted that "things are about to get real" meme on twitter, do you think price would gap up? Then you hear about funds controlling price with volume, and wallstreet traders getting inside tips...even NAV spoofed the market. IMO BNF is the only legit one.
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Good. Don't. The best trading education I've gotten was from sitting in a few different offices in Minneapolis with other traders who had a wide variety of strategies, personalities and levels of aggressiveness. (Btw, the most aggressive traders, not the most active, were always the rock stars in the room). If you could find something like that, online or in person, and people are just trying to help each other rather than profit from the room, I would be all over it as a new guy.
The only thing I like about his service is that he promotes trading the stocks which are trading with unusual volume and volatility. But although I understand the philosophy behind only trading low float stocks, I disagree with it whole heartedly. Why limit yourself? Why not trade stocks like NVDA when they're going nuts?
Good trading to ya.
The edge one might have in low floats does not necessarily translate to trading beta stocks.
Roffle.
Yes and I cant imagine what he teaches in the course that isn't already available in the multitude of videos he makes that are free on youtube. But I can see how he has rang up 700k in eight months of work. When those cheap,low float stocks run you can make an ungodly amount of money in a matter of minutes. The temptation to trade those type stocks is hard to resist for newbies.
He gets around 2500 students per year at $4000 a pop.