Warrior Trading Review
Hello there, this blog is for anyone interested in learning how to Day Trade, Swing Trade and learn the basics on the Stock market. I learned the stock market from being a student at Warrior Trading. If your looking for a professional program on Day Trading strategies, then you should check out Warrior Trading. Also be sure to check out my YouTube and hit that subscribe button. As I progress as a student I will update my the blog. Look out for a follow up review on our Warrior Trading Honest Review.
How to Day Trade Book
Before we start I wanted to show you Ross’s book that he also offers. The content is similar to his platform but for those that are more interested in a book option, check this book out.
Check out Warrior Trading Here
I’d like to talk to you a little bit about a program called Warrior Trading. About six months ago or more, I was interested in getting into investments and wanted some alternative funding. Found a couple websites. One of them was Warrior Trading, and another one was the Tim Sykes Profits website. I signed up for Tim Sykes first, and I’ll tell you here in a few minutes how it went, but I just wanted to make a video on, really, Warrior Trading’s platform, and kind of my experiences, and what I think of it so far, with Ross’s team and everything.
So to give you some background, I think Ross started this challenge where he took $500 in January last year and opened up a SureTrader account. Back then, SureTrader was fairly new in the space. People were opening accounts and they weren’t worried about some of the technical issues, and some of the issues that have now recently happend are lost connections and trades. I don’t have an account with SureTrader, but I didn’t open one because of the issues over the summer. I heard some horrendous stories, so I didn’t do that, but long story short, Ross … You know, he took this challenge. He said, “I’ll take $500 and …” I think it was a one-year challenge or something, so I think he’s on day … Today is like, it’s October now, about to be Halloween. I think it’s like day 200 or something, not sure.
Though he’s actually done really well, and I got into that program around May, last, and he has made some profit with his program. What he did is he took $500 and started a small account with SureTrader. Once he built that account up to $25,000, he opened up the Lightspeed account, a more American-based broker. The reason why he used SureTrader is because they don’t require that $25,000 minimum, which is called the PDT rule, which is the pattern day trader rule.
Searching for the best platform
So I learned a lot of these kinds of things from his program, but before I talk about that, let me tell you what I did, and how I came about finding him, and his team, and his program. Basically, I was away. I was traveling for work, and I was stuck in a hotel room for about a week. I was actually working nights at the time, but I was really getting interested in investments, and I was watching this … I remember watching this TV show, actually on Bravo TV, called … It’s like a boat luxury show, Below Deck, and I saw this guy, Tim Sykes, and guy was a complete asshole. I mean, he was throwing money around like he was hot-dogging it.
You know, very chauvinistic kind of person, and at one point, I was like, “Why is he acting like this?” But more in my head, I was like, “How is he making money in stocks?” Because he was advertising penny stocks, penny stocks, you know, and I’m like, “How’s this guy making money on penny stocks?” I was really interested to see, like, how was he making money. Well, after some research, I kind of figured it out.
Basically, it’s not penny stocks, like one cent, it’s like dollar stocks, like one to $15 stocks is really what he’s trading, and I learned about day trading at that moment. I kind of figured out, “Okay, he’s getting in and then getting out right away,” but what he offers and what all these other folks offer, just like Warrior Trading, is a platform/chatroom where you can follow their trades or take recommendations, and learn and act on your own behalf.
So I signed up for Tim Sykes program. I think it was like 70 bucks a month or something, like something free for a couple days. I was like, “Okay, I’ll try it out.” At the same time, I opened up a … I believe it was … I already had a Fidelity account, and I think Fidelity charges you like six bucks a trade, so I figured, “Okay, I’ll try it.” And this is the web platform. This is no advanced tools or anything yet.
So I’m sitting here. I must have watched every YouTube of Tim Sykes, and I think the guy was … At some point, he was actually trying to educate me, but a lot of times, I felt like he was just pushing his platform, and I didn’t really learn much after watching an hour-long YouTube video, and on his platform, I’d follow a couple folks and see what their trades were, and that’s really where I got into learning what other people are doing, not so much what he was doing, because he would just basically, in his chatroom, post, “Hey, I bought this.” You know, 15 minutes later or something. Sometimes it’d be a really delayed reaction time, and you couldn’t really do the research until after the fact. He didn’t really give you any like, “Hey, I’m watching these stocks,” all the time. Sometimes he did. Sometimes he didn’t. He didn’t really help me that much.
But anyway, I tried his platform for a little bit, and I just did not like it. After about a month, I was like, “All right, yeah, whatever.” But then I was thinking, “Okay, there’s got to be something else out there,” so I did some research, Google and whatever, found a couple folks, and I found Ross and Warrior Trading. Basically, I believe I watched a couple YouTubes, watched some videos, researched his platform, hopped into, I think, a free session for one of his webinars, and it kind of dawned on me. It’s like, “You know what? This guy looks legit. I mean, he actually has lots of content, so I’ll take a gamble on one of these groups or whatever,” because some of them were kind of sketch.
I mean, I looked at some, these younger kids. I think there was … I forget his name, Ryan or something, but he was on Facebook mostly, but he has a huge following on Facebook, and he posts all his stuff on Facebook, all his content on YouTube, and he just seemed very sketchy to me. I didn’t really believe he was giving good content out. But after watching Ross, I was like, “Wow, this guy’s actually teaching me how the stock market works and what to look for,” and the light bulb went off. It was like, “Man, this guy actually has content that is actually worth the money that you’re paying.”
So, I had very little hesitation when I realized this, watching his webinar, and I pulled the trigger and signed up for his Warrior … I think it was like Warrior Club program, which is basically three months of hardcore classes, and I equivocate it to a college course, because it almost felt like it was a semester back in college. I’ve already completed grad school, and it dawned on me, it was like when I saw homework in the content, he actually has homework, and he expects you to do it.
So I signed up. It was pretty expensive. You know, he sold me on it, and when I started using the program and the platform, I was kind of shocked. I was actually like, “Wow.” The first video, first couple videos, I’m like, “Okay, he’s laying it out for you, and going very slowly on each video, and teaching you everything about the gap and goes, building a strategy, risk management.” These are things I’ve never learned or picked up on on any other person’s YouTube or little group sessions.
And then I realized, you know, “Okay, I’m actually … I’ve found something that can actually teach me how to learn stocks, and investment, and day trading basically,” because I wanted to get into day trading. I didn’t have a lot of money at the time. I only had about a couple thousand dollars, so I used Fidelity, but Fidelity didn’t really give me the tools that I wanted, so I found out through his content that you can’t just go and sign up for any broker account. Some of those accounts require you to have minimums, and I didn’t have those minimums at the time. I didn’t want to dedicate the money to a $25,000 minimum, to be a PDT … to get around the PDT rule, which is a pattern day trading membership, basically, because you’re taking margin, and when you sign up for a margin with that $25,000 account, you’re risking a lot, and you can lose a lot too, but you could win a lot, and I just wasn’t ready for it, and I’m actually still not ready for it, but I will be soon.
Lightbulb going off
But a couple, I’d say about a month went by, and I went through every single class, and I got all the way through the very last video, and to give you some context to what Ross and his team go through, they go through strategies. They go through the risk management, which is really important. They go through kind of being a good wingman to yourself, and keeping yourself engaged, and doing the research. And you keep hearing that word, research, and it’s true. Even though some of the stocks that you have no idea what’s going to pop up the next day, watching the news, getting informed on what’s going on. It could be something like Best Buy got bought out, and even though their stock is probably a lot higher than what you usually trade, if it’s a small-time stock, that’s news, and that’s going to drive that stock up in the morning the next day, and knowing that is half the battle.
So that really helped me out, and he kind of provided me the tools. So there’s a lot of tools that he provides to his students, and some of those are a simulator. He actually gives you, for that course, a three-month simulator content, and it is just like the real thing, like a Lightspeed or Dash Trader kind of account, where you have margin. He kind of gives you $25,000 to play with, and say, “Hey, go wreck havoc,” or just practice, and the biggest thing I learned there was using the hotkeys. You cannot be a pattern day trader without using hotkeys. It’s very difficult, and that’s why one of the things I learned the hard way, and a lot of traders learn the hard way, is that when you start out, you should not start with real money.I did it, just like everyone else has done it, but not with a lot of money. I took a couple hundred bucks. I said, “Okay, let me try this out. I don’t care if it costs me $6 a trade. Let’s see what I do.” I won some money and I lost some money, but the losses could have been prevented if I had a hotkey setup, because we don’t realize it, but seconds go buy and you’re moving the mouse around, you’re trying to click the little buttons that say, “Oh, you know, put the bid higher,” or whatever, or lower, and next thing you know, that stock has dropped 20, 30 cents, and you’re done. You’ve already lost a lot of money, so don’t do that to yourself. Learn how to set up your hotkeys, and for me, recently I switched to E-Trade. They have some hotkey setup tools, but they’re limited. They’re not like full position hotkeys. They’ll say, “Hey, buy 1,000, sell 1,000,” with a hotkey. That’s what I use now for small caps and very light trading.
You know, once you get that $25,000, you can get the margin account with the bigger platforms that have the full suite of hotkeys and setup, and the good thing about Ross’s course is he actually gives you a downloaded template about the hotkeys, what he uses, and what works. That really helped me, and I have that template, and when I do get to that point, I’m definitely going to use it, because I can see a huge advantage of having those hotkeys set up.
It’s not just the hotkeys. It’s actually also the tools, the other tools, like the scanners. During his chat sessions, his daily sessions, from 9:30 until like, I think, 4:00 PM, he shares his screen through his platform, and shares the … I believe it’s Trade Ideas high of day momentum hits, the gap and goes, the reversals. He has it perfectly kind of aligned so you can see what’s going on during the day.
But yeah, so it’s a lot of helpful tools and it’s definitely worth the money for that course. Me personally, I did the course back in May to August, and completed it, was really happy, felt very satisfied. There was a couple things I’ll talk about that I’d say could use some improvement. I would like to … Some of those things are basically Ross did a great job with the content. I just wish I could save the content to watch it later. That would be great, like offline watching would be good, because I had to be always online to watch the videos. If I could save them, download them or something, I could watch them offline. So that’s one thing I would say.
The other thing was I think some of the content at the end was a little bit confusing, because it was … He goes into options with Mike. I think Mike’s one of his partners. He mainly does options. You’ll hear him in the chat sessions. Great guy, but his training style is a little bit different than Ross, and when I was learning from Ross, Mike’s strategy’s a little bit different, so it took some time to get used to his videos. But besides that, really good content, a lot of content. I mean, it’s hours and hours and hours. And it’s not boring, too. Like, if you’re really into it, you’ll get through it. I mean, like, I would sit in my hotel room, and I’d watch three hours of one video.
Like, sometimes one video is three hours, and that’s why I say it’s just like a college course. You’re sitting in class and you’re learning, and what’s great is that you can watch it over and over again, and take notes as you need to, and he provides you the video. He provides you a PowerPoint slide. He provides you Excel spreadsheets of how he keeps his trades. So I was kind of amazed of how much content he had, which made me feel more comfortable after purchasing the course. Because it’s an expensive purchase. You’re talking a few thousand dollars on a whim, and you’re not really sure what you’re getting. But yeah, I mean, I had a really good time in the course, and I definitely recommend it to everyone that’s interested in getting into stocks, specifically day trading and/or options.
So lately, from my experience with the chatroom sessions, I’m continuing as a member. I’m currently still a student, and every day, I hop in the chatroom. I listen to what Ross is looking at on his daily gap and goes and his stocks to watch for, and I compare it to what I think might be some things that might take off, and ironically, a couple times, just from learning his strategies, I’ve actually identified stocks, in the morning, that were going to gap up, or you know, news was going to flag, and it was going to go 20, 30 cents higher, and he didn’t even notice it until maybe someone else in the chatroom mentioned it as well. But, you know, he’s probably really busy right around 9:30, so I don’t blame him. I mean, he’s looking at all kinds of things, chatroom, stocks, scanners.
He does look at the chatroom members and what they say, and he is really good about that. Like, if you post a stock or say like, “Hey, what about this one?” He will go and look it up, and tell you why he doesn’t think it’s a good stock, and I love that, because you’re getting instant feedback from a professional who does this every day, and I really feel like you’re getting your money’s worth, and you’re learning a lot, because he’ll actually tell you, right there on the spot, like, “Yeah, this one doesn’t have much volume. You don’t want to get into that one,” and he points those things out.
I’m not into options, but Mike is also really good at expressing his thoughts on what is a good stock to short, or cover certain options. If I ever do get into options, I’d probably go back and look at some of his content and see what it might help out. But yeah, I mean, I just … You know, it’s been interesting so far. Let’s say I’ve made maybe 30 to 40 trades. Some things that I have not been good about is keeping my trades on an Excel spreadsheet. You know, it’s difficult. If you have a family, you have a full-time job, you can do it, but it’s just like you have to be dedicated to it every day. Me personally, I was dedicated to it every day when I started the course, but as I finished the course, I was taking less risk and I wanted to hold back until my overall balance of what I wanted to invest is getting a little bit higher.
So, I’ve been reducing my risk as much as possible. At the same time, I really eat myself when I see Ross doing 20-day green days, because when I started it, he had some red days there, and that is one of the coolest thing he does, is that he will talk about his losses. He will tell you what he lost. No one else does that. Like, no one else does that. That Tim Sykes guy, it’s ironic. You will never see him talk about his losses. You will only see him talk about his profits, and I just don’t trust someone who is that scared to talk about his losses, because in the stock market, a lot of people lose money. But you can also win money if you’re strategically set.
So, you know, I like that about Ross’s team, is that he actually shares his losses, and tells you why and what he did wrong. And sometimes it’s technical. I mean, his keyboard got stuck, or his internet went down. That’s actually one of the things I wish he would change on his platform, on his chat session. Some of the cons I would say so far, after a few months, is that he does have a lot of technical issues, and he is living in the middle of like Northern America, in the middle of nowhere. I think it’s Vermont, or Maine, or something. Beautiful area, but I’m sure the internet is probably troublesome sometimes for broadband.
But with that said, you know, if you have broadband, you shouldn’t have any stutter or audio issues, and I think that’s just a learning experience for him and his team. I would recommend a different product for a webinar, like Zoom, or some other type of large enterprise system. The webinar system he uses, I’ve never heard of. He might use it because it’s cheaper, because you know, there’s a good 1,000, 2,000 people in that webinar, and those webinars are not cheap. You’re talking, you know, 100 to $500 a month just to host that webinar. Now granted, these chat groups that these investment companies are doing, like Warrior Trading, Tim Sykes, they’re averaging 50 to $100 a member, so you’re making a lot of money a month on, say, if you have 1,000 members. I mean, that’s a huge income.
Now granted, Ross has a team. I’ve actually emailed their team multiple times, and I’ve gotten really good customer service. I have said, “Hey, I’m having trouble with the simulator.” Within hours, and at the most next day, they email me back saying, “Oh, sorry to hear about that. We know, we found a bug,” or, “Try this.” I was like, “Okay, cool. Thanks for the help, you know?” I emailed Tim Sykes’ chat, because I wasn’t able to log in, and I think I got a response in a day and a half or something, but yeah. So, the technical issues aside, I think it’s a really good platform. Highly recommend it.
Let’s see. What else did I write down? [inaudible 00:22:19] some notes here. They have some really good promos, if you’re in there at the right time. Ross will do like holiday promos, so I’ve picked up that almost all his promos are geared towards holidays, like 4th of July, Halloween, Labor Day, Veteran’s Day. If you’re really interested in signing up but you don’t want to pull that trigger because it’s really expensive, especially for the Warrior program, wait until one of his holidays, because he usually does things like 15% off, or five-day free trial. He also gives away free laptops, which I thought was really good, because it’s giving back to the community. Would like to see that more. That’d be really cool, especially for his members, his long-term members, subscribers. He’ll just go to Best Buy and buy three laptops, and just give them away during a webinar, which is really cool. And if you’re one of those lucky folks, that’s really nice.
Now, I think that’s pretty much it. What I would say is, you know, his website is pretty good too. The overall experience is pretty easy to use. It looks legit. There is a lot of ads. I would say it’s a little overdone. It almost feels like his website is pushing marketing a little too much, and it’s very difficult to find a lot of his blogs. He has lots of blogs on which trading platform is a good trading platform, but it took me forever to find those blogs, because every time I click somewhere, I see some ad or something pop up. I hate that.
I can’t stand that, and if there was … If I kept on seeing those ads, I probably would have looked somewhere else, because the amount of, “Hey, sign up for this. Get my free book,” or some crap like that, it’s just like … It deters people. I mean, it doesn’t matter if you have ad blocker on. It’s just the way the website works, is that you don’t want to be inundated with so much crap about signing up for free content. Just market what you have there and let the user find the registration button, you know? Make that easy for them, but don’t put it in their face nonstop. That’s just a marketing issue I think needs to be fixed, but other than that, the website’s great.
I do have one other complaint with the website, and if you do sign up with the Warrior Trading, you have a completely separate username and password to log into the portal for your classes. The portal versus the chatroom is a completely different user account. I feel that that’s because his platform is separated. Maybe just needs to combine them at some point. I’m sure that’s something he’s working on, and that would be great if that was something that would happen soon for new students, because keeping around the password different places was kind of a pain in the butt.
But back to the overview of basically my experience, I had a really good time, and I highly recommend it. So if you guys have any questions about the program, feel free to reach out to me. Post a comment. Subscribe. I will also try and do some more videos on stocks, and if I learn so much, maybe I’ll start my own group, you know? I see there’s a bunch of them on YouTube, but I’m not the expert, not at least yet. I need to have a proven strategy. The strategy I’m currently using is basically I don’t go after the gap and goes right away. I basically wait until the market settles down, around 9:45, and then I look at the high momentum scanners. That’s kind of my strategy. I look at the news breakers, the ones that can spike up calmly, not so volatile like the gap and goes. The gappers in the morning are kind of scary for me. You know, the risk is an issue.
But for you, it might be your own strategy. I don’t know, but it seems to work for me, and thanks to Ross and his team that I actually learned how to look for stocks, and I thank him for that. With that said, don’t forget to subscribe, like, and post a comment. Feel free to reach out for any questions. Thanks again, guys. I’ll see you. Bye.