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Warrior Trading Review – Modest Money

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Warrior Trading Review – Modest Money

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Warrior Trading

Warrior Trading is a community of stock traders hosted by professional trader Ross Cameron. Founded in 2012, Warrior Trading was born out of the need for transparent trading education and trade alerts. The common theme in the online investing community is a chat room that delivers Buy/Sell trade alerts with little explanation of the reasons why the stock is set up for a Long or Short position.

This leaves traders forced to either blindly follow at their own risk or pass on the trade. It’s often the amateur traders that blindly follow and experience losses. This gives trading a bad name as so many new traders lose hundreds and thousands of dollars in the markets because they aren’t prepared with the education they need. Warrior Trading, in contrast, is built on the foundation of providing education. Traders are called to success.

Ross teaches traders how to find trades so they can become independent, confident, and profitable traders. Although not quite as vibrant as some competitors chat rooms, like Investors Underground, the Warrior Trading chat room is a live audio and video feed into Ross’s office.

He provides people with the opportunity to reach success by allowing community members to watch his stock charts, scanners, and listen to him as he prepares his orders and provides explanations for his trades.

But is this Stock education company right for you and how does it stack up to industry leaders like Mindful Trader? Continue reading my Warrior Trading review to decide for yourself.

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Based in Great Barrington, Massachusetts, Warrior Trading operates primarily with a remote team dedicated to supporting their global membership.

Initially founded by Ross Cameron as a blog in 2012, the company aimed to develop a community of 50,000 “freedom traders” committed to achieving independence by 2020. Surpassing this target, Warrior Trading now boasts over 500,000 active traders and a premium user base exceeding 5,000.

Warrior Trading Pros & Cons

Here are the most beneficial features and main drawbacks I was able to find while reviewing Warrior Trading:

Pros:

  • Comprehensive Education: In-depth educational materials covering all aspects of day trading.
  • Live Trading Sessions: Offers live trading during pre-market and regular market hours.
  • Transparency: Open sharing of trading results and account statements on the website.
  • Active Community: Engaged private community for members.
  • Practical Training: Training is both practical and comprehensive.
  • Regular Updates: Free updates for current students to keep materials relevant.
  • Authentic Instruction: Instruction from Ross Cameron, who is known for practicing what he preaches.
  • Bonus Materials: A solid amount of bonus content supplements the main training.

Cons:

  • Membership Requirement for Tools: Access to trading tools requires Warrior Starter, Plus, or Pro membership.
  • Subscription-Based Model: Continuous access to content depends on maintaining an active subscription.
  • Limited Success Stories: Few significant success stories from students.
  • Cost: Courses are expensive compared to other trading courses.
  • Poor UX and Navigation Challenges: Lack of search functionality makes it hard to navigate.
  • Previous Marketing Issues: History of FTC violations, though there are improvements in marketing tactics.

The Day Trading Chat Room

The Warrior Trading Chat Room is open 24 hours for members. Beginning at 9 AM each morning, Ross begins pre-market analysis including reviewing stocks gapping up, earnings releases, press releases, and the daily economic calendar. By 9:15 AM, the morning watch list is posted and ready for members to begin making decisions about which trades and setups they like.

Out of the gates, Ross focuses on buying the gappers that are moving with a good catalyst. These stocks often squeeze out of the gates, pull back, and then set up for a secondary move. Ross quickly moves in and out of these trades providing live commentary the whole time.

I believe for beginner traders and advanced traders alike, this tick-by-tick commentary is an invaluable insight into the mind of a pro trader. In an effort to provide the best possible service, Ross makes himself available throughout the trading day to answer questions. Warrior Trading offers a 7 day trial on the Chat Room.

The Day Trading Courses

Let me start by saying that Warrior Trading isn’t for those who do not have a significant amount of time to dedicate to their study. The Warrior Trading Course spans over 7 weeks and 32 hours (approximately 2 months) and covers all aspects of trading from beginner concepts on setting up charts and opening a brokerage account to more advanced day trading strategies for reading Level 2 and writing algorithmic scanners. If you are after a reliable trade alert service and don’t want to learn the ins & outs of trading, there is specialty software from Mindful Trader that has delivered impressive returns.

In keeping with the belief that every member should be able to understand the trades Ross takes in the chat room, he only trades based on the strategies he teaches in his 7 Week Trading Course. Any chat room member that has questions about a trade can immediately refer to the written trading plan for that particular strategy. This level of transparency and clarity is unheard of in the online trading community.

Ross left a career as an Architect to become a trader. In architecture, the rules are fairly clear. The process of becoming an architect is like many other professions. Studying coursebooks, passing exams, and then following the clear rules and constraints laid out by building departments and design requests from clients. Unfortunately, trading is rarely explained in a clear and focused way.

If you were to ask 100 different and successful traders to explain their strategies, they would each have a unique approach. As an aspiring trader, this makes only serves to create confusion and a lack of direction. Which approach should you try to learn?

After recognizing that common struggle among new traders Ross took his experience in architecture and began developing a master guide of written trading strategies including a clear set of buy and sell conditions.

After 3 weeks and 12 hours of course work, students move into the ‘Live Trading’ section of the Trading Course. Each student is expected to begin paper trading in a demo account based on the strategies taught in the courses.

Each day when the market closes at 4 PM, students gather in the Trading Course Class Room to review trades from the day. Ross shares his trades and students share their trades as well. The Live Trading section of the course is designed to help students transition from course work to live trading. The failure in many trading courses is that they provide education, but aren’t by your side when you begin trading.

This leaves many students who have completed a trading course unable to make the transition into successful trading. To bridge the gap, the Warrior Trading Course spends 20 hours on intensive trade review.

Learn to Trade like a Warrior with a 7 Day Free Trial

Over the last 3 years, the business has grown to encompass Swing Trading, Day Trading, Reversal Trading, and Breakout Trading. The community has grown to several hundred active members who all bring unique strategies and perspectives to the table.

Warrior Trading offers a 7 day trial on the Chat Room. This gives traders the opportunity to test the waters before joining the monthly membership.

When you finish the trial and decide to take things further, always remember that money is but a small price to pay if you want to be truly successful and great in the trading business.

Who is Warrior Trading Best For?

If you’re just stepping into the world of stock trading, Warrior Trading might not be the best starting point. However, for those with more experience, additional funds at hand, and a firm intention to pursue day trading, Warrior Trading could offer some value.

Warrior Trading Alternatives

If the expensive price tag or the history of FTC violations scare you away from Warrior Trading, don’t worry, there are plenty of other quality options out there.

One active day trading community that I have to mention is Investors Underground. With an extensive video library plus access to members only chats, Investors Underground presents a great value proposition to day traders looking to gain a leg up. This Investor Underground review will break down all of the benefits and drawbacks of this community.

Another Warrior Trading Alternative I would not feel right leaving out is Mindful Trader. A stock market trade alert service, Mindful Trader has produced triple-digit annual returns by focusing on swing trades. This Mindful Trader review will go into greater detail into how they have been able to accomplish this.

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