Trading is not simply about gut feeling. It’s about making the correct choice at the right time and at the right moment. Ultimately, trading is mostly based on knowledge.
An educated investor is a person who has studied the market or attended a trading course, learned the terms, techniques, read up on all available trading reviews and stock trading to devise a trading strategy that works; a person who has tested the field and has learned proper risk management and managed to establish a working win-loss ratio. A true investor takes risks but is never reckless; they know how to take advantage of the market.
All these things are acquired with time and prior study, so this brings us to the main idea of this article: education.
There are many ways to learn how to stock trade and how to be a good investor. The Internet boasts a wide range of free guides, educational videos, online encyclopedias, and much more to give the beginners and regular investors the tools they require to test their abilities and to further improve their game day after day in order to be successful.
There are also trading schools, websites offering their services as academics in teaching and tutoring the trade. Having a teacher always sounds like a good idea to learn properly and fast but, of course, there’s always a cost to education.
It is no secret that education is a powerful tool, and it is also often more profitable to teach than to actually perform in a certain area of knowledge and trading is no exception, hence why there are a variety of trading schools online and why it is important to choose correctly.
Now, we must not forget that the Internet is a huge place and it’s full of scams, it is vital to know which services are truly offering quality education and not just offering wonders to their clients through marketing gimmicks and sweet wording that leads nowhere in order to make a buck.
In this article, we’ll focus on a very popular trading school and take a look into its reviews and general reputation.
Warrior Trading, founded by Ross Cameron, is an online Day Trading and Swing Trading educational community that provides:
· A real-time day trading chat room
· Trade training courses
· Live classroom sessions
· A trading simulation program
· Real-time buy/sell alerts
As it is stated on the website, their mission is to train people up to shape towards financial freedom via trading stocks. All of this can be acquired for $149 a month, with additional $99 to access the Online Trading Simulator and for extended subscriptions, you can obtain discounts.
It is said that since its foundation in the early 2000s, Warrior Trading has become one of the largest trading chat rooms available. They have also built a reputation among beginners looking forward to attaining financial freedom.
A look on Warrior Trading chat room
Warrior Trading seems to have a big crowd of followers backing them up, claiming to have a community of over 500,000 traders thriving in their chat rooms and learning from each other, as well as being nominated for the Benzinga Fintech Awards.
When looking for information about Warrior Trading’s reputation or any other educational service we can’t help but wonder: Is it a scam or a real working trading educational service? This is due to some mixed reviews you can often find online.
What does Warrior Trading really have to offer?
After signing up, you can start attending live classes in a live-chat room with both audio and video with Ross Cameron, this means you can actually see what he’s doing and you can see him trade in real time. You can receive alerts on what stocks are the best buy and plan what step to take next by looking at his watch list. You can as well exchange information with fellow beginners or more seasoned traders in the chat room.
This whole experience can be great nourishment for someone seeking to learn. Being immersed in an environment full of other people willing to learn, all guided by an expert trader can be both uplifting and a good way to improve your strategy or learn new strategies.
The training course offers education on how to trade and everything can be tested right away (as long as you’ve signed up for it too) in the trading simulator. This Trading Simulator lets you test the market on a mock account with $100,000 so you can practice focusing on trading without risking any real money.
Some reviews state that Ross Cameron is a pleasant individual with effective teaching methods and that the trades done in real-time for learners in the chat room are real. This all adds up very nicely to the constant positive reviews you can find in some of the main reviews.
While some others who have tried the services believe it’s all a facade to lure in more beginners and make profits that the live trades might be confusing and too fast for learners to understand what’s happening or to properly learn from it. There’s a no refund policy, which means you can’t get your money back if you’re not satisfied with the service. It is also important to note that not all strategies work for all kinds of people.
Warrior Trading is not the most popular learning platform but it has influence with learners, be it only due to their great marketing abilities on par with their team of experts turning the program into an incredibly attractive option for beginners or, due to a great service and effective results, it is clear that they are doing something right.
The services mentioned before and the fact that the trades are displayed in real time for the members, talk loudly about the confidence they have in their system. Its package is also built to offer a working learning experience, having a live tutor, a chat to expose and exchange ideas and a simulator to test them out. Practice is the key to becoming a successful trader.
Nevertheless, never forget that no matter how attractive it may be, trading is not learned in a day, or a week, or a month. It takes at least a year to get a grasp of the basics and to build a solid base to start. This could be a downside for some when judging by the price of this course.