Whether you’re looking for a vibrant chart room or quality day trading training, chances are that you’ve heard about Warrior Trading. But just how do the pundits rate it?
We cannot emphasize enough the importance of getting the right advice to get you going in the stock market. In this way, you can find the right tips and ideas that would ensure you do not incur losses as you invest in stocks.
Unfortunately, there are a lot of trading course providers who claim to have what it takes to guide you into this venture. However, disappointingly, so many of them are a scam.
But all hope is not lost as there are those platforms that are up to the task. A good example is Warrior Trading, and if you are wondering whether this is a genuine educational service, you have come to the right place.
Our Warrior Trading review is going to conduct an extensive analysis of the service so that you can understand why we believe it is a genuine service that is worth investing in.
Warrior Trading Latest Ratings & Overview
This is a stock market education service by Ross Cameron that aims to guide upcoming traders into becoming profitable day traders. The content is going to be availed to the subscriber via chat rooms and online courses.
The program has evolved from a blog in its inception in 2012 to what is now a live trading chat room for educating potential traders. In fact, the service claims to provide educational content to up to 500,000 followers.
This would make it one of the largest communities of day traders and investors in the world.
The primary services that you get in Warrior Trading are a chat room, training courses, and a trading simulator. It pays special attention to low-momentum stocks, plus it offers trading strategies to the swing traders on the platform.
Besides that, you would learn the basics of technical analysis plus the tools that are likely to turn you into a successful trader.
All in all, the program is designed for both novices and veteran traders. To emphasize on this suitability, there is an online quiz that you can take to determine the level of skill that you are on.
Key Features of Warrior Trading
We have already touched on some of the services that you can expect to find in this program. Now, we are going to do an in-depth analysis of these services.
1. Day Trading Chat Room
This is the most notable feature of this program, and it has an average of 1,000 traders daily. In this platform, different traders interact and share trade ideas.
Every morning before the opening bell rings, Ross and his team of moderators provide a watch list of between 3 to 5 stocks, all of which possess enormous potential.
Besides the watch list, Ross is also going to provide you with market commentary and a mid-day recap, to ensure that you do not lose track of the day’s activities. After all these, there is a Q&A session where you can get answers to any queries you may be having.
Another thing with this chat room is that you get the chance to watch Ross as he trades and executes his strategies in the stock market.
2. Trading Courses
When it comes to the trading courses, they are divided into three different levels of training. There is the Warrior starter program, which is designed for beginners who are likely to be on a budget.
The beginner’s course is formulated to be easy-to-understand, and you will find amazing strategies there. Some of the features that you get access to include one-month access to the real-time trading simulator, core warrior day trading course, and the chat room.
The next course is the Warrior Pro, and it tends to appeal mostly to experienced traders.
In addition to three-month access to the Warrior Starter course, you will also get access to the Warrior Pro trading system. That’s plus 3-times-weekly mentorship service, and a personalized trade review by Ross himself.
The last course is the Warrior Inner Circle, which is more of an exclusive trader platform. To access the course, you have to use an exclusive app plus is limited to only 100 traders per year.
Once you are accepted into the Warrior Inner Circle, some of the features that you will benefit from include access to a 3x weekly mentorship, private chat room, and proven warrior pro trading system. On top of that, you will also get private access to Ross himself as well as other established traders in the inner circle.
The other thing with the Inner Circle is that you also have an opportunity to meet with Ross Cameron and his team twice a year.
3. Live Trading Simulator
Another useful service that you get access to is the live trading simulator. With this feature, you should be able to improve your trading skills without the risk of losing your hard-earned cash. So, the emotional element of trading should not be there.
Besides that, the simulator educates traders on the techniques that they may find useful once they set out to trade in a live trading account.
Warrior Trading recommends that you avoid live trading with your cash if you seem to find the going tough on the simulator.
Note that the simulator service is paid for separately from the day trading chat room and is perfect for the beginners.
Ross’s team is always going to be monitoring you as you simulate trades so that they can guide you if you are making silly mistakes or incurring huge losses.
4. Fundamental Day Trading Terminologies
As a beginner, it is vital that you understand some of the basic terminologies used in day trading. If you get them right, your chances of becoming a successful trader would be significantly boosted.
You can pluck some of the definitions of these terminologies straight from the internet; only that Warrior Trading presents them in an easy-to-understand format plus their real context according to how Ross uses them.
The platform contains both basic and advanced terminologies used in day trading since you will be upgrading your skills with time.
A major advantage of these terms in Warrior Trading is that they are all available in one place, unlike other sources where you have to open many different pages.
5. Free Day Trading Materials
The developer of this program understands the importance of giving back to the community. This may explain the inclusion of free trading materials such as techniques, trading tools, strategies, and watch lists.
The significance of the freebies is that they give you the opportunity to know what you are getting yourself into before subscribing for any service.
When you access the free chat room and webinars, you are likely to pick up some useful tips that would help in your development as a trader.
Last but not least, you have the option of enrolling for the Warrior Trading $200-day trading challenge, whereby you will get the opportunity to understand what being a premium member is all about.
6. Live Streaming Stock Scanners
These scanners are ideal for generating stock picks that would meet the specific criteria you have set.
7. News Feeds Access
These feeds are going to give you access to the relevant news and information that may have an impact on the stock market. If you keep tabs on such major events, you can take appropriate action before the share prices either rise or slump steeply.
8. Hot Stocks Watch List
In this list, you will find the stocks which Ross is monitoring, and they are usually the ones with the greatest potential. The guru would recommend the stocks that he feels would be best for you to trade in.
9. Customer Support
The customer support system of Warrior Trading is such that it gives you direct access to the guru himself as well as his team of mentors. You will communicate with this team via the chat trading rooms, which open from 9 am EST and are available as long as the market is open.
When the trading hours are over, you could always get responses to any technical issues that you have via email.
Warrior Trading has several subscription packages for its subscribers, and one thing we can tell you is that the service does not come cheap.
For the Warrior Starter Course, the pricing is as follows:
- Start with $997 per month
- Then enroll for $197 per month onwards
As for the Warrior Pro package, the cost will be:
- Start at $5,299 for one-year access/ $4,299 for 90-day access/ $1,497 per month for three months
- Enroll for $197 going forward
To access Warrior Trading’s chat room, the pricing is as follows:
- A 5-day trial for $5
- Monthly subscription of $197
- Quarterly subscription of $149 per month
- Annual subscription of $99 per month
If you want to use the real-time trading simulator, you can choose between a monthly subscription of $127 per month, a quarterly subscription of $99/month, or an annual subscription of $77/month.
In this package, you will get access to:
- A simulated trading account with $200,000 virtual money
- Access to Real-time quotes, a reporting of the trade history and advanced charting features
If you subscribe to the Warrior Pro via the webinar link, you will be eligible for the money-back guarantee if you satisfy the following conditions:
- You must have completed quizzes for the first four chapters of the Warrior Starter
- The refund request must be made on or before the 14th day of your purchase date
- For the Inner Circle students, they have to be through with the Warrior Starter before the first mentor session in those 14 days
About the Creator
By now, you must be wondering who are the brains behind this excellent program. The founder is Ross Cameron, who grew up in South Vermont and has a Bachelor of Arts degree from Vermont College.
His journey to becoming a successful trader was not easy, and he made losses along the way. He documented his losses on his blog, and in 2012, the site became what is now Warrior Trading.
Initially, the idea was that Warrior Trading solely focuses on establishing a community comprising of upcoming traders and professionals i.e., a chat room.
In 2014, Ross started offering day trading classes, and he offered courses on risk management, stock selection, and deciding on entry points.
Besides Ross, the other main moderators of this service are Jeff and Mike, who serve as trading mentors to upcoming traders.
Is Warrior Trading Legit?
We can tell you for a fact that Warrior Trading is not a scam. The massive number of daily users of over 500,000 should be enough to tell you that many individuals like what they are getting from it.
The platform is a recipient of the Benzinga Fintech Awards as the best educator, which shows that people are actually gaining from the program.
As for the subscription packages, you get to pay for them monthly. This leaves the room for you to cancel the subscription on short notice if you feel the service is not for you. With some competitors, you are required to make a one-year upfront payment.
Pros and Cons
As we conclude, we are going to look at some of the benefits and drawbacks of this service.
Here they are.
- A very transparent service
- You can access the site with mobile devices
- Has a large chat room where there is plenty to learn
- AThe track record is remarkable (alumni and awards)
- There is a 5-day trial period of the chat rooms at only $1 daily
- Doesn’t come cheap
- There are some alerts that you cannot act on
- No refund policy once you pay
Few stock education services can rival what Warrior Trading has to offer. Do not be scared off by the no-refund policy since once you subscribe, you would have very little reason to abandon the service.
So, take your time and see which package is right for you, and you will be on your way to becoming one of the leading stock traders out there.