Warrior Trading Review

Warrior Trading – Reviews and Ratings

Warrior Trading provides extensive courses focused on momentum-driven day trading. While it offers educational materials, a recent lawsuit involving unrealistic marketing claims has overshadowed these advantages.

Fast Facts

• Membership Fee: Starts at $997
• Offers: Knowledge, Tools, and Community
• Known For: Recent Lawsuit with FTC

Ratings

• Trading Courses: 4
• Tools Usability: 5
• Account Options & Features: 3
• Educational Resources: 4
• Customer Service: 6
• Overall: 4/10

Visit Warrior Trading on Warrior Trading’s website

Warrior Trading, a notable entity in the fast-moving world of day trading, has risen to prominence for its rich array of educational tools and resources. Catering to a diverse audience, from beginners to seasoned market practitioners, it has become a key player in the realm of day trading education. Yet, it’s crucial to recognize that Warrior Trading’s journey has navigated through some turbulent waters.

Recently, the platform faced a notable legal challenge – a lawsuit from the Federal Trade Commission (FTC), which led to a significant fine of $3 million over claims of misleading investment promises. This event has thrown a spotlight on the platform’s credibility and the authenticity of its educational claims, casting doubts within the trading community.

In an industry where trust and ethical standards are paramount, such developments highlight the need for careful scrutiny when choosing a trading education platform. Against this backdrop, there is a growing inclination towards platforms recognized for their transparent and ethical approach to trading education, which are crucial criteria for traders to verify ⚠️. This is why the industry has seen a transition to educational platforms such as HighStrike, which provide a transparent trading process with direct 1-on-1 training from funded traders—and a reputation that’s backed by clear results.

This review intends to provide an in-depth analysis of Warrior Trading, examining its offerings, educational content, and the repercussions of its recent legal entanglements. The aim is to offer a thorough review, equipping readers with essential insights to make informed decisions in their pursuit of trading education, particularly when considering the array of options available in the market today.

Warrior Trading Background 🏢

Warrior Trading, a platform widely recognized in the day trading educational sphere, has made a name for itself by specializing in day trading strategies and insights. Established by Ross Cameron, who transitioned from trading into teaching, the platform initially began as a simple blog in 2012, sharing trading experiences and strategies. Over time, it evolved into a more elaborate educational system, offering detailed courses and interactive tools for traders.

Despite its growth, Warrior Trading’s reputation in the trading community has been significantly tarnished by serious legal troubles. Central to these issues were the platform’s marketing tactics, which came under intense criticism. The advertising strategies of Warrior Trading, far from being transparent, were notably misleading. They projected unrealistic financial gains, significantly downplaying the inherent risks associated with trading. This deceptive approach to marketing drew substantial backlash, leading to serious legal repercussions.

The apex of these questionable practices was a lawsuit from the Federal Trade Commission (FTC), resulting in a hefty fine of $3 million. This legal judgment was not a minor setback but a major red flag, highlighting a severe violation of trust between Warrior Trading and its users. The lawsuit exposed the serious consequences of misleading advertising in financial education, especially in relation to accurately conveying the risks and potential outcomes of trading.

For individuals considering Warrior Trading for their trading education, this lawsuit is an essential consideration. It stands as a poignant reminder of the necessity for ethical marketing in financial education platforms and the importance of approaching such services with a critical eye and due diligence.

Investment Selection: Course Overview 📌

Warrior Trading’s educational offerings are segmented into distinct courses, each designed to cater to traders at different stages of their learning journey. These courses range from introductory to advanced levels, encompassing a variety of trading strategies, with a particular emphasis on momentum trading.

The Warrior Starter course is the entry point for beginners. This course lays the foundation of day trading, providing essential knowledge and skills for those new to the trading arena. It covers the basics of the stock market, trading tools, and fundamental analysis techniques. The aim is to equip beginners with enough understanding to start navigating the market with confidence. This course is particularly beneficial for those who are just stepping into the world of trading and need to build a solid base.

For those who have grasped the basics and are ready to delve deeper, the Warrior Plus course offers a more comprehensive exploration of trading strategies. This course focuses significantly on momentum trading – a style of trading that seeks to capitalize on stock movements caused by significant news events or market trends. The course includes advanced concepts in chart reading, risk management, and the psychological aspects of trading. It’s tailored for traders who are looking to refine their skills and develop a more nuanced understanding of day trading.

Warrior Trading’s premier offering, the Warrior Pro course, stands as their most comprehensive educational program. Tailored for dedicated traders who are ready to deeply invest in their trading education, this course encompasses a broad spectrum of advanced topics. It delves into the complexities of technical analysis, sophisticated trading strategies, along with the crucial aspects of trading psychology and scanment. The Warrior Pro course is detailed and rigorous, making it an ideal fit for traders who already have a solid foundation in the basics of trading and are looking to elevate their skills to a professional standard.

Each course level is carefully structured to ensure a seamless progression in learning, allowing traders to build upon their knowledge and skills as they advance. With a focus on practical application and real-world trading scenarios, Warrior Trading’s courses are structured to not only educate but also to empower traders in their pursuit of market success.

Research Tools and Educational Resources 📖

Warrior Trading enriches its educational offerings with a suite of research tools and resources, integral for practical trading education. These tools are designed to provide traders with real-time insights and hands-on experience, crucial in the fast-paced world of day trading.

One of the key features of Warrior Trading’s arsenal is the stock scanners. These sophisticated stock scanners are invaluable for traders to identify potential stock movements and opportunities swiftly. They filter through the vast market data, pinpointing stocks that match specific criteria set by the trader, such as volume surges or price movements. This tool is essential for traders who need to make quick, informed decisions based on current market trends.

Another cornerstone of Warrior Trading’s toolkit is the trading simulator. This powerful tool offers a simulated trading experience that mirrors real market conditions. Traders can practice their strategies in a risk-free environment, which is crucial for beginners to gain confidence and for experienced traders to refine their techniques. The simulator is particularly beneficial for its inclusion of real-time market data and Level 2 data, providing a realistic and comprehensive trading experience.

Additionally, Warrior Trading offers interactive chat rooms. These stock chat rooms are not just platforms for discussion; they are vibrant communities where traders can share insights, strategies, and learn from each other. This feature fosters a sense of community and collaborative learning, invaluable in the often solitary journey of trading.

Ross Cameron, the founder of Warrior Trading, further amplifies the learning experience with his live trading sessions. In these sessions, Cameron trades live, providing commentary and insights into his decision-making process. This real-time learning experience is incredibly educational, allowing traders to see the application of strategies and analysis in live market scenarios.

In summary, Warrior Trading equips its learners with a comprehensive set of research tools and educational resources, necessary for navigating and succeeding in the dynamic world of trading. These tools, coupled with the practical insights from live sessions, offer a well-rounded approach to trading education.

Fees and Cost-Benefit Analysis 💰

Warrior Trading’s pricing structure is tailored to fit a range of financial commitments, catering to everyone from beginners to experienced traders. The platform’s courses and tools come with specific price tags, reflecting the depth and breadth of their offerings.

The Warrior Starter course, designed for those new to trading, is offered at a one-time membership fee of $997. This introductory program provides essential foundational knowledge and is priced to be an accessible entry point into trading.

For traders seeking more advanced insights, the Warrior Plus course is available at a one-time membership fee of $2,497. This intermediate-level course delves deeper into trading strategies, offering more comprehensive materials for those ready to expand their trading acumen.

The most extensive offering, Warrior Pro, is priced at a one-time membership fee of $3,997. This premium package encompasses all aspects of Warrior Trading’s educational content. It is designed for serious traders looking for an exhaustive curriculum that includes personalized mentorship, extensive live trading archives, and advanced trading strategies.

In addition to these one-time course fees, Warrior Trading also offers optional monthly subscriptions for access to various trading tools and additional features. These subscriptions include advanced stock scanners, real-time trading simulators, and interactive chat rooms. The pricing for these tool packages varies, allowing traders to customize their subscriptions based on individual needs and budget considerations.

The Tools Package 1, including access to the chat room, live stream, and streaming news, is available for $97 per month. For more comprehensive access, the Tools Package 2 – which includes everything in Package 1 plus the Warrior Trading stock scanners – is priced at $197 per month. Additionally, a subscription to the trading simulator can be added for $97 per month.

When evaluating the cost-benefit aspect of subscribing to Warrior Trading, it’s important to consider the quality of education, the access to real-time tools and simulators, and the potential long-term value these courses offer in enhancing one’s trading proficiency. For dedicated individuals, the investment in Warrior Trading’s courses and tools can be a significant step towards achieving trading success and market proficiency.

Education Process: A Realistic Overview 🏫

Warrior Trading’s educational framework offers a multifaceted approach to learning, tailored to guide traders from the fundamentals to more advanced concepts. The process is structured yet flexible, accommodating the diverse needs of traders at various stages of their journey.

Central to Warrior Trading’s educational content are video materials, which form the core of the learning experience. These videos range from basic introductions to the stock market and trading principles for beginners, to in-depth analyses of complex trading strategies for advanced learners. The video content is designed to be engaging and informative, breaking down intricate topics into digestible segments. This visual and auditory learning format is particularly effective for beginners who are new to trading concepts.

Complementing the video resources are PDF materials. These written resources serve as valuable reference points, allowing traders to revisit and consolidate their learning. The PDFs cover a wide range of topics, aligning with the video content, and provide an additional layer of understanding, particularly beneficial for those who assimilate information better through reading.

Warrior Trading also offers access to live trading archives. These archives are a treasure trove of real-world trading experiences, showcasing live trades and strategies implemented by Ross Cameron and other instructors. This aspect of the education process is crucial as it gives learners exposure to practical trading scenarios, enabling them to understand how theoretical concepts are applied in real market conditions.

In terms of teaching style, Ross Cameron focuses on a practical and straightforward approach. His sessions are known for their clarity and direct application of trading strategies. This style is particularly effective in demystifying complex trading concepts, making them accessible to traders of all levels.

Post-lawsuit, there has been scrutiny over the course content and its delivery. While the core structure of the educational content remains focused on comprehensive trading education, the emphasis on ethical marketing and realistic representations of trading outcomes has become more pronounced. This shift reflects a commitment to providing education that aligns more closely with realistic trading scenarios and market dynamics.

Customer Service Evaluation 🦺

Warrior Trading’s customer service system, an integral part of their educational platform, exhibits both strengths and areas that could benefit from improvements. An analysis of their customer support reveals several aspects of their service and community engagement.

The response times of Warrior Trading’s customer support vary. While many users report timely responses to inquiries, there are instances where the response time lags, especially during peak trading periods or following major market events. Timeliness is crucial in the trading world, where prompt support can be the difference between a missed opportunity and a successful trade. Consistency in response times, regardless of market conditions, is an area where Warrior Trading could enhance its service.

In terms of the quality of support, Warrior Trading generally provides knowledgeable assistance. The support team, well-versed in the platform’s operations and trading concepts, is capable of addressing a range of technical and educational queries. However, the depth of support can sometimes be limited, particularly for more complex or nuanced trading scenarios. Expanding the expertise and training of the support team could further improve the quality of service offered.

Warrior Trading’s approach to community engagement within their platform is commendable. The interactive chat rooms and community forums facilitate a sense of belonging among users. These platforms offer an avenue for traders to share experiences and insights, contributing to a collaborative learning environment. However, fostering more structured community interactions and discussions led by experienced traders could enhance this aspect of their service.

The role of trader support agents who are also traders is a unique feature of Warrior Trading’s customer service. This dual role allows for a more empathetic understanding of the challenges and queries posed by users. These agents bring practical trading experience to their support roles, providing insights grounded in real trading scenarios. However, this setup might also limit the scope of support to the specific trading styles and experiences of these individuals. Broadening the range of expertise within the support team could provide a more diverse and comprehensive support experience.

In summary, while Warrior Trading’s customer service system is competent in addressing user needs and fostering community engagement, there is room for improvement in response consistency, depth of support expertise, and diversity in community interactions.

Pros and Cons 💯

Pros 👍🏻

Warrior Trading’s educational content is notably comprehensive, encompassing a wide range of materials tailored to various learning styles. The platform offers an extensive collection of video materials that cover a broad spectrum of trading topics, from basic concepts for beginners to advanced strategies for experienced traders. These videos are a significant asset, providing clear and engaging instruction.

Complementing the videos are detailed PDF materials, which serve as valuable references and reinforce the concepts taught in the videos. This combination of video and written content ensures that learners can absorb information in the format that best suits their preferences.

Another major advantage is the availability of live trading sessions. These sessions, led by experienced traders, offer real-time insights into trading strategies and market dynamics. They provide an invaluable opportunity for learners to see theoretical knowledge applied in real market conditions.

Cons 👎🏻

However, the advantages of Warrior Trading must be weighed against significant drawbacks, most notably the recent lawsuit. The legal action taken against Warrior Trading for misleading advertising and false investment promises has significantly dented the platform’s credibility. This lawsuit raises legitimate concerns for new subscribers about the trustworthiness of the claims made by Warrior Trading and the ethical standards of their marketing practices.

Another critical consideration is the cost factor. In light of the lawsuit, the financial investment required for Warrior Trading’s courses and tools warrants careful evaluation. Potential traders must consider whether the cost aligns with the actual value and ethical standards of the education provided.

Additionally, Warrior Trading operates on a continuous subscription model to maintain access to resources. This model may not be feasible or appealing for all traders, particularly those looking for a one-time investment in educational resources.

Lastly, the platform’s specific focus on day trading presents limitations. While this focus can be advantageous for those interested in day trading, it may not align with the interests or strategies of traders looking to explore other trading styles, such as long-term investing or swing trading.

In conclusion, while Warrior Trading offers a rich array of educational materials and a strong community aspect, these benefits must be carefully balanced against the concerns raised by the recent lawsuit, the costs involved, and the specific focus of the platform.

Conclusion 🏁

In summing up the review of Warrior Trading, it’s clear that while the platform offers a comprehensive range of educational materials and a vibrant community for learners, these advantages are significantly overshadowed by the recent lawsuit. The FTC’s legal action, resulting in a $3 million fine for misleading advertising and false investment promises, casts a long shadow over the platform’s credibility and ethical standing. This development is a critical consideration for anyone contemplating Warrior Trading as their educational resource, as it raises serious questions about the trustworthiness and integrity of the information and training provided.

As a result, we would recommend traders to review alternatives with better reputations and transparency, such as HighStrike.

The decision to choose Warrior Trading for one’s day trading education should be made with a full understanding of both its strengths and its shortcomings. Prospective traders must weigh the rich educational content and the interactive learning environment against the implications of the lawsuit and the associated concerns about the platform’s marketing ethics. Furthermore, the cost factor and the platform’s focus on day trading are additional elements that need careful consideration, particularly in relation to individual trading goals and styles.

Ultimately, this review presents an objective overview of Warrior Trading, aiming to equip potential users with all the necessary information to make an informed decision. Given the recent legal challenges and their impact on the platform’s reputation, it is imperative for prospective traders to critically evaluate all aspects before committing to Warrior Trading as their choice for trading education.

About the author

Tim Fries

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Tim Fries is the cofounder of The Tokenist. He has a B. Sc. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim served as a Senior Associate on the investment team at RW Baird's US Private Equity division, and is also the co-founder of Protective Technologies Capital, an investment firm specializing in sensing, protection and control solutions.