Ricky Guiterrez – The Day Trader

Surely you have seen youngsters these days exploding as entrepreneurs these days. Among them is a young man named Ricky Guiterrez. Ricky is a 24 year old day trader from Arizona. You may have seen him featured on a YouTube video making $11,000 in just 24 hours. Safe to say the young man has done quite well for himself.

Ricky has become a YouTube sensation through teaching other traders his strategies either on his YouTube channel or his “Learn Plan Profit” course. Ricky took his talents of trading penny stocks and bought his first house at the age of 20 and claims to make north of six million dollars a year. Along with day trading Ricky also invests in real estate, car flipping, and has a series of online businesses.

Why Should You Care?

ricky guiterrez-2

In today’s society, anyone with internet and some ambition can get an online business off the ground. Having all of these business resources easily accessible can also lead to lazy entrepreneurs cutting corners and misleading people.

If you are looking to jump into any business venture the quickest way to excel is finding a mentor and tweaking it in your own way. There are hundreds of thousand day traders that have paid money in order to make Ricky their day trading mentor.

The question however is, are these people in good hands? Or just victim to a clever boondoggle?

So What’s The Deal?

Ricky is educating inspiring day traders through his program called LPP or “Learn Plan Profit”. For a price of $299 you can enroll in this course and be well on your way to learning how to trade like Ricky…or will you?

According to fellow day trader Patrick Wieland, Ricky Guiterrez is nothing more than a fraud. Now Wieland has admitted that Ricky offered to buy his ex-girlfriend a plane ticket to Arizona for “a good time” so his opinion may be a little biased.

However, the reason you are learning about Wieland today is because he actually makes a valid point. He simply asks that if Ricky is as profitable as he say he is, then how come he has never shown a audited broker statement? Ricky’s alleged response to this claim was that he wants to keep his finances private.

This is typically a reasonable answer but there is only one problem. Almost all of Ricky’s trading videos consist of him telling you how much money he made anyway. So what would be the issue of showing the broker statement.

How Should You Know Who To Believe?

Now there is the million dollar question. If you are looking to jump start you career as a trader should you risk taking a chance on Ricky’s trading program. Although Patrick Wieland has a valid question that deserves an answer, he never actually joined Ricky’s trading program.

Along with his clear bias against Ricky Guiterrez, him not actually enrolling in the program makes his testimony just a tad fickle. Another trader who had a year of experience before joining LPP also had some input of his own. He goes by “Stock Talk” on his respective YouTube channel.

Mr. Stock Talk claims that he left solely because there were too many obnoxious traders in the group chat. After becoming tired of this group chat, he moved to one of Ricky’s more private chat group. Mr. Stock Talk then realized that the this chat room also began to get infested with complainers and bad energy.

Mr. Stock Talk also explained that Ricky Guiterrez was only available for about 45 minutes to an hour everyday. If you are paying $300 to learn a skill you would probably want a little more attention. Due to the large amount of students Ricky has no possible way of helping each and every person out.

Mr. Stock Talk claims that approximately 90 percent of the information that Ricky gives to the chat members is also available on his YouTube channel. This means as long as you have internet connection you could do your own due diligence and learn the trading strategies yourself. Mr. Stock Talk says that if you are a beginner trader than it may be a worthwhile investment.

Honestly, Ricky has already made a huge amount of money from his courses. This is probably why he does not care that you see his material for free on YouTube. He may have realized the direction of his chat and chose to put information on YouTube to collect revenue streams.

However, despite all of the criticism Mr. Stock talk does go on to say that he has learned a lot of valuable information from Ricky. Mr. Stock Talk says that he learned trading discipline. He talks about how he learned be patient enough for a stock to just begin its rise before buying.

Where Should You Go To Learn Trading?

Quite simple. Go to his YouTube channel. It would be much wiser to just subscribe to his YouTube channel rather than spending $300 on a program. Sure you are in a chat with like minded people but that is what YouTube’s comment section is for. You can network on there just like a chat room, especially on live streams.

Ricky has over 600k subscribers so the guy must be doing or saying something right. You can learn his trade strategies for free and use that $300 to test the waters yourself. Remember no matter who you decide to follow or allow to mentor you, there is no teacher like experience.

Even though Rick may have a level of transparency to his trades, he probably is not going to show you what makes him maximum profits. That just would not be the

actions of an astute businessman. You can still learn strategies and concepts that can make you money. If you are looking to master a craft or skill then you should be reading up on everything and listening to everything possible.

Take notes from what makes sense to you and throw out what doesn’t. Not to say stay in your comfort zone but you these trade gurus are just guides not absolute messiahs.

When Should You Subscribe?

Right now.

Collective2 Review

Are you trying to find a profitable trading strategy? Are you losing money consistently while trading?

If yes, you might be thinking about using a ready-made strategy. However, it is not easy to find one.

Due to the same problem, most people resort to social trading platforms. On these platforms, they can copy other successful traders. One such platform goes by the name of Collective2. The question, however, is this platform good enough?

Before you make your mind regarding this platform, you can go through our Collective2 review to understand more.

What Is Collective2 All About?

About Collective2

It is a social trading platform. On the platform, you can track successful traders. You can monitor the strategies and even mimic them. You can cherry-pick the traders depending on their trading strategy and mimic the same. It means that you will not have to create your trading system. You can imitate someone else.

However, the best feature of this platform is that you can automate the process. It is known as auto trading. For a subscription fee, the platform allows you to automate the mimicking process. It means that you will not have to initiate the trades of a particular strategy leader manually. The platform will do that for you.

The record of the traders is available to the members, who want to follow the trading strategy. Thus, you can either buy and sell manually or automatically.

Now that you are aware of the gist of the platform, we will delve into the Creator of the platform to understand more about it.

Who Is The Creator?

Collective2

Mathew Klein is the founder of Collective2. He has been spearheading the platform since 2001. Over the years, he has raised over $ 50 million in funding, as well. So, you can be sure that the platform is legit and has stood the test of time. Due to this very reason, there is no doubt about the credibility of the Creator of the platform.

What Is Included In Collective2?

We will go into the details of various features on offer by the platform.

Strategy leaderboard

Collective2 Strategy Leaderboard
Link: https://www.collective2.com/about-featured-systems

A social trading platform is only useful if you can spot the right traders. That is why, this platform offers you a strategy leaderboard. With the help of this leaderboard, you will not only be able to spot the right traders but also filter them according to your requirements. It means that finding the right trader to mimic is quite easy. You also have an add-to-watchlist feature, which means that you can monitor that trader without having to go through the other traders.

Broker Transmit

It is the feature that can help you automate your trading. The broker Transmit feature will automatically send a trading signal to your broker account. The strategies of traders to whom you have subscribed will get delivered to your broker. The broker account will initiate the trades based on these signals. As a result, you will not have to shift your trading account either.

When you sign up for auto trading, you will know about the list of compatible brokers. As a result, it will become easy to buy and sell automatically.

Abides by the rules and regulations

The laws in the US prevent any individual from providing personalized financial advice. That is why, the trade leaders are not allowed to send personalized financial recommendations or commands to any particular subscriber. As a result, the platform abides by the rules and regulations.

Simulating a strategy

simulating a strategy

Users of the platform can also invent a strategy. There are numerous strategies listed on the platform. You can go through the description of the strategy and trading history, as well. After that, you can simulate the trading plan or choose the auto trading option to buy and sell according to the strategy.

Thus, if you want to stick to a single strategy rather than a trader, that is certainly possible, as well.

The best thing about the strategies to have is that it has the past performance data, and therefore selecting the right one is comparatively easy.

Customizing auto trades

You can customize the auto trading options to transact only in a few assets rather than mimic the trader or the strategy across the assets. You can customize the settings for the stop-loss as well. As a result, if you want to customize the auto trade mechanism further, you can do so. It will allow you to reduce your risk by a significant margin.

It is a win-win situation as you can follow a successful strategy-leader and reduce your risk at the same time.

Member reviews

The platform allows you to review any strategy. The only caveat is that you should have been following it for at least 30 days.

You can interact on the message boards as well to expand your knowledge or ask questions. As a result, you can know more about the strategies and interact with others on this platform.

Simulator

Want to simulate any trader or strategy?

If yes, there is a free stimulate on offer which the traders can use. It means that you will be able to monitor in real-time before putting the money on the line. It will ensure that you can customize the strategies and also reduce the chance of huge drawdowns as well.

When you look at all of these features, it is easy to understand why it is a popular social trading platform. With so many customization and trades options available; you cannot go wrong with this platform.

How Does Collective2 work? Is It a Scam?

how it works collective2

The platform offers you the ability to mimic any trader or any strategy. You can automate the mimicking process, as well. Auto-trade subscriptions will cost you anywhere from $ 20 to $ 200 per month for mimicking a strategy. There is a discount on the annual plans as well.

Since you can choose the strategy after looking at the past data and the strategy details, there is no chance of a scam.

The platform is a legit social trading platform that can help you make a significant amount of money without going into the nitty-gritty of the strategy or the fundamentals or the technicals.

Before you make up your mind about this platform, you can go through the features, pros, and cons of the platform below.

Features:

  • Simple interface
  • Hundreds of trade leaders available
  • Auto trading features
  • Customization options
  • Established platform
  • Strategy based mimicking on offer

Pros:

  • Credible creators
  • Easy to use platform
  • Trades available across financial instruments
  • Compatibility for auto trading with various brokers
  • Allows you to tweak auto trade settings
  • Complete transparency regarding past performance
  • Active forum

Cons:

  • Overwhelming for new traders

Does Collective2 Work?

Yes, Collective2 works for anyone who wants to make money through financial instruments. It does not matter whether you’re looking for sound investments or just trades which you can mimic; the platform can certainly help you. It is up to you to choose the strategy. That is why; there is no pressure to follow a particular trading strategy either. These features ensure that the platform is pretty effective and works well.

Who is the Ideal Candidate for this platform?

If you want to make money by trading or to invest in financial instruments, possibly, it is one of the best trading platforms. If you wish to invest your extra capital, then as well it is the perfect option for you. Since it requires no knowledge on the part of the investor, it is suitable for almost anyone.

Conclusion

All in all, Collective2 is a social trading platform that can help you make money right from day one. With the help of the auto trading feature, you can make money in a completely passive fashion. Due to this very reason, if you’re on the fence regarding this platform, you should use it to your advantage.

Bulls on Wall Street Review

Do you want to take advantage of the financial markets to make money? Are you trying to navigate the tricky waters of the financial markets with no success?

If the answer to any of these questions is yes, our review today will help you. The product which we will be highlighting today is known as Bulls on Wall Street. It claims to be an educational stocks course which helps you know more about the financial markets.

We know, the question which would be plaguing your mind is, does this course actually work?

We will answer this question today in our Bulls on Wall Street review. Before you make your decision on this course, it is better to go through our review below.

What Is Bulls on Wall Street All About?

Bulls on Wall Street is a complete holistic program which can help you know the intricacies of markets. The platform includes:

  • Educational resources
  • Day trading chat rooms
  • Multiple courses
  • Live online Boot Camp

With the help of these resources, it is easy to know the intricacies of the market if you devote time to it. Before we go further, let us look at the background of the creators to understand better whether the creator of the platform is credible or not.

Who Is The Creator?

The creator of Bulls on Wall Street is Kunal Desai. He is also the CEO and the lead instructor on the platform. The platform has gained credible mentions on media websites like the Huffington Post, fortune, and the street.

Kunal Desai is joined by Paul Singh, Sayed Zaman who are all top traders. Together, they not only educate the members on various trading strategies but also share their technical analysis, trend analysis, and information on investor psychology to help members trade successfully.

According to Stockmillionaires.com, Kunal Desai has a net worth of more than $ 4 million. Thus when it comes to the creator of the platform, he’s credible enough to opt for the product.

What Is Included In Bulls on Wall Street?

The best thing about this platform is that it offers four different products. You can buy them individually, or you can buy the entire bundle. The choice is up to you. We will go into the details of these four products to help you understand what exactly Bulls on Wall Street includes.

  • Intro to Trading Course:

As the name suggests, it is a course which familiarizes you with various aspects of the market. It is suitable for intermediate investors and traders as well. You can apprise yourself with market technicals, fundamentals and financial markets.

The video content is of 3.5 hours and comes with quizzes as well, which will help you test your knowledge once you go through the video course.

The stand-alone cost of this video course is $ 197. However, if you opt for an annual package of Bulls vision, it comes free.

  • 60-Day Trading Boot camp:

The module which we are speaking about now consists of 60 hours of live online instructions. Also, you will get lifetime access to that course material. It includes a physical coursebook, quizzes, trading simulator, and even one-on-one coaching.

Besides that, you will gain access to community support as well. Thus, when it comes to 60 Day trading Boot Camp, it can turn you from a beginner to a knowledgeable trader within 60 days.

The cost of the Bootcamp is hidden, but it is in the range of $ 2800. The fact that it has live online instruction on offer, it is certainly worth that price.

  • Bulls vision:

Bulls Vision allows you to follow Desai in real-time. You can access market commentary and the trades in which he is taking part. The annual subscription cost is $ 799.

The fact that you get trade alerts in real-time, it is worth it. A handful of trades can help you recover the subscription cost.

Besides that, you will get 24/7 chat room access and also trade screenshots. You will also gain access to its exclusive blog posts which means that all the information which you need to mend a significant profit from the financial markets will be available.

If you have faith in the creator of this platform, this is the subscription which you should buy.

  • Swing Trade Alerts:

Paul Singh leads this product. It is the product which you should opt for if you’re looking for short-term scalping trades. The cost of this product is $ 49 a month if you opt for the annual plan. If you want to go with the monthly plan, it will cost you $ 99 per month.

In this product, you will get between 2 to 5 weekly picks on stocks. These will be sent to you by SMS as well as email. Along with it, you will get the in-depth market analysis, day trade reports, and even mentorship sessions.

So, not only you can benefit from the swing trades but also the man behind the service as well. That is what makes it such a good option.

As you can see, all the products on this platform provide you with not only excellent value for money but also an opportunity to make a significant amount of money. That is why; they are worth trying.

We will now help you understand how you can use Bulls on Wall Street to your advantage.

How Does Bulls on Wall Street Work? Is It a Scam?

Depending on the module which you choose, you can get tips on intra-day trading, or you can get weekly trading picks. You can also follow the creator of the platform in real-time as he creates his way through. That is why; all you need is to follow these steps.

If you’re looking for a trading educational course, you can go with the module one that will apprise you with the basics of technical trading and how financial markets work.

The beauty of this product is that if you want to get any help related to the financial markets, whether it is ready-made tips or just information, this platform can benefit you.

So, to answer the question, is it a scam? We would say – No, definitely not.

We will now summarize the features of this platform to help you understand why it stands out.

Features:

  • Different solutions on offer
  • Ability to monitor the trades by creators in real-time
  • Suitable for everyone
  • Extensive information on offer
  • Actionable education
  • Community support

Pros:

  • Great value for money
  • Trader oriented solutions
  • Credible creators
  • Easy to get a positive ROI
  • Active community and chat room
  • Suitable for almost everyone

Cons:

  • Can be overwhelming at the start

Does Bulls on Wall Street Work?

The best thing about Bulls on Wall Street is that it works for anyone willing to put in the time and effort to not just go through different modules but also take action on the information provided. That is why, if you are searching for a trading course which can make you money, you should not ignore this platform.

Who is the Ideal Candidate for Bulls on Wall Street?

Whether you’re looking to gain information regarding the financial markets and technical analysis or want tips which you can readily follow, this platform offers you all of that.

With this platform, you can directly mimic the trades of the creator as well which means that if you do not want to invest time and money in understanding the technicals, then also it is suitable for you.

In a nutshell, anyone who wants to make money through trading will find this platform ideal and profitable. That is why; this platform is suitable for almost everyone.

Conclusion

So, if you are in two minds when it comes to Bulls on Wall Street, we would advise you to go for it. With so many different services and modules on offer, you can find the one that can suit your needs. Moreover, the service in itself can help you earn hefty profits from the financial markets.

That is why, it is a platform which you should definitely subscribe to if you’re serious about making money from the financial markets.

Finviz – A Full Overview

Simply put, Investing can make you rich. Take the example of Apple, Amazon, Microsoft over the years. It is an unwritten rule that if you can pick the right stocks, you can end up being rich in just a decade or so.
The question is, of course – how to pick the right stocks?

Among the plethora of options, the probability of picking the right stock is pretty low. The time it takes to shortlist a handful of stock options is enormous. However, there is an easy way out.

You can use a stock screener to pick a handful of stocks from the vast options available in just minutes. Stock screeners are websites which allow you to filter out the stock’s which do not meet your criteria.

All that is good but which stock screener should you choose?

That is what we will help you out today. We will share with you one of the best stock screeners you can use. We are speaking about Finviz. We will go into the nitty-gritty of this stock picker to help you decipher whether it is suitable for you or not.

What Is Finviz All About?

FinViz Stands for Financial Visualization. It offers:

  • Market maps
  • Analysis tools
    • Stock screeners (basic and advanced)

The screener clearly states that it can help you conduct financial research and analysis and even visualization to a certain extent. A single glance at the website will let you know that it has a neatly organized interface. Irrespective of the tools which you use or the information that you plot on charts, it is easy to decipher and use.

The tools on offer are highly visual, which means that there is little to no learning curve involved when using this stock screener. So, you can save your time by going with this screener. The range of tools on offer and the information which you can plot on the charts makes it suitable for not just beginners but also professional traders and investors.

A golden nugget is that it gives you a glimpse of the bulk of the market activity on its homepage. That is why you can be in the know of things just by visiting the website.

Now that you know the basics of Finviz, let us look at the creators of the tool to comprehend more about this platform.

Who Is The Creator?

Juraj Duris is the founder of FinViz. He is a successful investor and has invested in not just startups but also financial markets. He has grown FinViz over the years to make it one of the most popular screeners.

He is an investor himself and hence has taken care to include all the necessary tools and information which other investors and traders might need for trading and investing. So, when it comes to the credibility of the creator, there are no doubts.

What Is Included In Finviz?

FinViz has a lot on offer. We will go into the details of this tool below.

Homepage:

On the website, the first things which you will come across are the candlestick charts of:

  • Dow
  • NASDAQ
  • S&P 500

Apart from these, tables depict more information characterized by:

  • Top gainers
  • New high
  • Overbought stocks
  • Stocks with unusual volumes
  • Socks that received upgrades
  • Top losers
  • Most volatile
  • New low
  • Most active
  • Stocks slated to come out with earnings
  • Stocks that have just released earnings
  • Stocks with insider buying
  • Stocks with insider selling

Apart from this, there is a heat map of the market spread across sectors like technology, services, finance, and consumption. Additionally, the home page lists the recent news and its impact on the financial market as well as analysis. It also has a table which depicts the upcoming data releases and earnings releases. Along with it, there is also a table of commodities and forex and bonds.

Thus, a single look at the homepage will let you know the condition of the entire market and the sentiment as well. However, that is not all.

Apart from the homepage, it consists of numerous other pages which have a different offering. We will go into the details of these pages below.

Screeners:

Finviz is predominantly a screener tool. That is why; the main offerings of this tool are on the screener page. The filters under the screener page are mainly divided into three groups. These are:

  1. Descriptive filters:

The Descriptive filters include things like market cap, earning state, average volume, dividend yield, industry, and so on.

  1. Fundamental filters:

Fundamental filters include filters like P/E, Forward P/E, EPS growth this year, sales growth quarter on quarter, quick ratio, net profit margin, and so on.

  1. Technical Filters:

Technical filters include filters like 20-day simple moving average, 50-day simple moving average, 52 weeks high and low, RSI, beta and so on.

As you can see, the screener page provides you with numerous filters which can help you find the stocks which meet your criteria. As a result, rather than going through hundreds of different stocks, you can now filter them out in a jiffy to find the ones which might be worth investing.

Groups:

The groups’ page allows you to classify the stocks according to the sector, industry, and then filter them with the help of market cap, P/E ratio, and various other such parameters. It will help you get a snapshot of any industry and its performance across different periods.

Insider:

The insider page provides you with more information regarding the insider trades carried out in the recent past. It will let you know in which company the insiders are selling or buying.

News:

The news page syndicates recent news reports across various websites like:

  • Bloomberg
  • Wall Street Journal
  • Market watch
  • CNBC

In the financial markets, especially if you’re trading, the news can help you enter successful trades. Moreover, when you have information syndicated from various sources, chances are you will know about such news releases at least a few crucial seconds before the general market knows it. This page alone can help you make a lot of money if you know how to use this information.

Heat maps:

The page lets you know about the current condition of the market across various sectors and industries in a jiffy. You can even filter the heat maps to view precisely the indices or stocks in which you are interested.

Charts and Quotes:

This page aims to provide you with charts (delayed) and quotes for completely free without registration.

Portfolio:

Under the portfolio section, you can register for free and save your market portfolio and monitor it.

Collaborate:

It is a private discussion platform where one trader can interact with others. It also allows traders to subscribe to channels of other traders. That is why, if you want to socialize in your group, this is the place to do so.

Futures:

If you are more interested in futures & options rather than the cash markets, this page can help you out.

Forex:

The forex page works similar to the futures page but displays various currencies.

Backtest:

Backtest page allows you to test various strategies in the past. However, it is available only to elite users.

Elite:

If you’re looking to get additional benefits from this tool, then it is better to go with elite membership. It can offer you many other features like:

  • Real-time market data
  • Advanced charts
  • Advanced screeners
  • Correlations
  • Alerts and notifications
  • Backtesting

We will go into the details of the Elite membership below and how you can use it to make a great deal of money using FinViz.

How Does Finviz Work?

While the completely free and Registered Free plans of FinViz offer a lot of data, but if you’re serious about making money by selecting stocks, you should go for the elite membership.

The additional features help you stay ahead of various other traders and investors. Moreover, it can also reduce your effort to make money from the financial markets. The elite membership has features like:

  • Up to 100 screeners
  • Backtesting
  • Real-time charts
  • Chatting with and following other traders
  • Advanced charts
  • Email alerts

It means that you can keep a tab on the market activity consistently. Each of these features has its advantage.

When looking to trade in the markets, you always need real-time information. Only once you have real-time data, it is easy for you to enter profitable trades.

Moreover, if you can use a handful of screeners, you might not be able to shortlist the right stocks. That is why; when it comes to screening features; you need complete freedom. Finviz provides you with the same when you go for the elite plan.

Similarly, the charts also play a crucial role along with real-time alerts when you plan on trading or investing in the market.

As you can see, each feature of the elite membership makes it worth it. It can increase your profits if you trade and invest already or if you’re planning to dip your toes into the stock markets, it can certainly give you a head start.

Of course, once you go for the elite membership, you will not be using these features on a stand-alone basis. You will be using them cumulatively, which makes them a potent tool to help you make money from the financial markets.

Thus, FinViz provides you with a lot of data, but, if you want to put it into action, the elite membership is a must. It will ensure that you can create a proper system using this tool and trade and invest accordingly.

Features:

  • Offers a lot of data
  • Allows you to filter stocks easily
  • Easy to understand interface
  • Three different plans (free, registered free and elite)
  • Covers commodity, forex, futures and cryptocurrency markets
  • Helps you track your portfolio

Pros:

  • Suitable for beginners & experts
  • Simple navigation
  • Multiple asset coverage
  • Time-saving filters
  • Displays News Alerts from various sources

Cons:

  • Bit overwhelming

Does Finviz Work?

Of course, the question which you might have by now is, does Finviz work?

The answer is that yes, it does work. It all depends on how you are using the tool. It provides you with tons of information. If you can refine that information and convert it into actionable data, you can make money with the help of this tool.

While at the start, it might seem like a lot of information but once you correlate that information with the movements in the market, it will be easy for you to understand how you can use this information to your advantage.

Another reason why this tool works so brilliantly is that it can help you filter out the sites with the help of many different screeners. It means that you will not have to do so manually and therefore you can save a lot of time. The screeners can allow you to build your system, whether it is for trading or for investing. It gives you complete freedom on how you can use the tool.

With so many ways to use it, you’re bound to find one which works the best for you.

Who is the Ideal Candidate for Finviz?

One of the advantages of this tool is that it can work for everyone.

Are you planning on just tracking the market?

If yes, then also it can work for you.

Do you trade currently?

If yes, it can make your trading strategy more precise.

Do you invest for the long term?

If yes, it can help you pick the right stocks with ease.

As you can see, it is suitable for almost anyone. If you want to do anything related to the financial markets, including commodities, cryptos, and forex, it is a tool which you cannot ignore.

If you’re serious about making money by creating asset classes, the elite plan should be your best choice to help you gain maximum chances of generating profits.

Conclusion

Finviz can single-handedly help you make money from the financial markets. It is a tool with a plethora of different options. Whatever strategy you use while trading asset classes; it can help you with all of them. Rather than having to juggle across various websites to gain the information or data which you need, it is a tool that can help you on a stand-alone basis.

If you want to grab opportunities like:

  • Picking the next Amazon
  • Knowing which cryptocurrencies are gaining momentum
  • Using leverage in futures to make a windfall
  • And so on

Finviz is the perfect option to go for without any second thoughts. With Finviz, you can grab the opportunities that you were waiting for.

Using the elite membership, you can raise the effectiveness of this tool manifolds. That is why, if you’re genuinely interested in making money by trading or investing, Finviz is a tool which you cannot ignore.

More blog posts about trading:
Learn online trading
Penny stocks trading chat rooms
Perks of trading

The Top 4 Penny Stocks Trading Chat Rooms

While the concept of trading stocks online can be quite confusing, you can easily become a pro trader in a short period. Most traders shy away from investing due to volatility and the high-risk involved.

But when you have the passion to succeed, it’s not hard. Day trading chat rooms are online platforms where successful traders share their trading activities. Here are the top 4 chat rooms to contemplate.

#1 Timothy Sykes’ Pennystocking Silver chat room

timothy sykes

This chat room is owned by Timothy Sykes, a self-made guru in online stock trading. Tim made a name for himself after turning $12,415 into $1.6 million. The strategies he shares are derived from his own personal experiences. He works alongside Michael Goode (one of his
millionaire students).

In this chat room, traders share their technical and fundamental analysis of trading penny stocks. Because Sykes programs have so many subscribers, the pricing is pocket-friendly. Normally, Pennystock silver charges $149.95 per month which is lower than other comparable services. Novice traders can access over 4,400 existing video lessons.

While the chat room is a bit noisy due to many subscribers, you can filter for moderator posts. More interestingly, you’ll get alerts every time Tim makes a trade. It’s worth mentioning that these alerts are not for copying trades, but to give valuable information on the moves he’s making. These alerts will cost you $ 74.95 per month.

The Pros

  • You can access real-time alerts
  • Easy-to-use platform
  • Extensive video library
  • You can use the iPhone and Android app
  • The moderators keep everything organized during the market hours

The Cons

  • Tim’s extravagant lifestyle makes it look like a fraud

#2 Nathan Michaud’s Investors Underground chat room

iuThis is one of the vibrant day trading chat rooms on the web. It was created in 2008 by Nathan Michaud, a renowned stock trader. Investors Underground is the home to thousands of traders who share their trading ideas in real-time. In addition to that, it encompasses some of the most successful moderators like Tim Grittani and Eric Wood.

The platform offers three types of chat rooms including Swing, OTC, and Momentum chat room. During the market hours, they don’t allow off chart topics. To access the chat rooms, you can subscribe to the different plans. One month membership goes for $1297 while three-month membership goes for $1997.

The swing chat room is managed by Michele Koenig and puts more emphasis on technical trades. He consistently shares the trading ideas and unnoted chats with the members. If your day trading involves price action, then this is the chat room to be. You also get trading alerts if you don’t want to spend the whole day sitting in front of the computer. On the other hand, OTC trading chat room has moderators who are accustomed to stock trading. They give invaluable tips on how to trade penny stocks by taking the winning positions.

The Pros

  • Ideal for novice and experienced traders
  • You’ll find prominent traders with a track record of success
  • Traders access education courses, webinars, and video lessons
  • Moderators react in real time
  • Offer multiple trading styles

The Cons

  • Lots of trading jargon

#3 Ross Cameron’s Warrior Trading Chat room

picture of ross cameron

This chat room is owned by Ross Cameron who also works as a moderator. Being one of the biggest chat rooms, there are more than 1000 members who are actively participating in daily trading activities. The instructors offer top-notch training and live market commentary. Most of them have worked with one of the biggest firms on Wall Street. To ensure traders get the best odds for success, they usually get alerts via text or email. As an active member, you’ll receive a watch list of 3-5 stocks with the biggest winning potential.

What makes Warrior trading stack up above the competition is that it caters for both beginners and experienced traders. To get access to the chat room, you should sign up to monthly, quarterly, or annual membership. The annual membership costs $75 per month where you get unlimited access to live audio/video feed. Other benefits include market commentary from pro traders, live screening stock scanners, proprietary feed, and hot stock watch list.

Secondly, the quarterly membership costs $ 149 per month. The package includes Hot stock watch list, commentary pro traders, a proprietary news feed, gap scanner, and audio/video feed. Lastly, the monthly membership costs $199 and includes daily video/audio feed, market commentary, daily hot stock watch list, live streaming stick scanners, and proprietary news feed.

The Pros

  • Offer expert trading tools
  • Ross Cameroon chimes-in frequently
  • They have state-of-the-art scanners
  • The moderators are very friendly
  • You get 3-5 stocks on the watch list

The Cons

  • The monthly subscription is on the higher side

#4 Jason Bond’s chat room

jason bond picture

This chat room was created by Jason Bond. Its main focus is to teach how to invest in low-priced stocks without being glued on your computer. Here, members get up to 10 trades per week. Additionally, you’ll gain access to a wide range of audio/video feed and unlimited educational materials. Plus, members are privileged to receive text and email alerts whenever stocks rise or fall. According to Jason, you can become a profitable trader in 3 months.

Traders can access three subscription plans depending on their trading strategy. If you’re a day or swing trader, you pay $399 to access limited features. It’s suitable for busy professionals who are looking to make a few trades every week. With this package, you get education materials like audio and video feed, email alerts, and real-time texts.

If you don’t fancy swing trading, you can subscribe to a long-term trading plan which costs $1,999. And if you’re looking to get premium mentorship from Jason you can subscribe to Millionaire Roadmap Plan at a cost of $9,999.

The Pros

  • The moderators operate with honesty and integrity
  • Excellent customer service
  • Constant updates in real-time
  • Access to a large video library
  • Jason gives his trading summary

The Cons

  • Relatively expensive

Best chat room as a beginner trader

If you want to start trading stocks, you should subscribe to Timothy Sykes chat room. It gives valuable trading insights that focus on larger trades. Besides learning his unique trading strategies, you get alerts that are sent via phone or email. Another reason that makes the chat room a one-size-fits-all package is a way of explaining. Tim has made it easy to understand.

Closing thoughts

As a new trader, you should focus on trading tools. To ensure you choose the best chat room that suits your trading activity, pay close attention to your personal trading style, amount of money you’re willing to invest, and your technical and fundamental skills.

The Perks Of Trading

When we think about making enough money for our family in life and making a good career for ourselves, a lot of the time we try to work every our god gives us to put food in the table and save for things like a good house and a family holiday each year. But did you ever think about all of the other ways you can make money this year and how easy it can be?

Trading is a way of making money which is fine by thousands of people across the world every day and it is a type of money making which can be incredibly useful for anyone in their adult life. Here are some of the reasons why you should consider to trade alongside your career this year.

It’s flexible

Trading is something which can be done on any scale, with any amount of money and any amount of time you happen to have available. It is not like taking a second job and it can be a truly helpful way to make some income for your family during the evenings while you are sitting down and enjoying a good film and a glass of wine. There is no reason why you can’t spend 30 minutes in the day checking up on the market and putting in a trade or two and then going about your daily business once more. There are no time limits so you can fit it around your day.

It’s not that hard

Trading is a subject which a lot of people avoid due to the reputation it has and the idea of the stock market being a little intimidating to some. However trading is actually much easier than you would first think and it can be a great way to earn some cash in your spare time. Just make sure to do a little bit of research before you start and start off with small amounts of money to limit the damage to your bank account.

It covers any industry

Trading isn’t something which is confined to one type of business and it’s not something which only covers big corporations. There are many different things to trade in such as property, oil inventory, farming and tonnes more. You can choose a subject you genuinely are interested in and make this your trading platform and this might make the process more enjoyable.

You can make a good income

money

The main reason why so many people take part in trading on the stock market is the fact that you can make some serious money if you make the right decisions and put enough money into it all. Think about for example if you could spend 10 hours a week on the stock market as opposed to 3 hours; you would have more time to research and plan, more time to put offers on and more time to make some money. People are able to actually live off what they trade and you could even make this your full time job in the future if you learn the system and how to play it!

It can be great for business

If you have a small business which you are trying to get off the ground a good idea would be to start trading in your spare time and this can be used then to put money into your business which you can use for success. Think about for example spending an hour at the end of your working day putting deals through and making some money and this can be used to expand your business and even start to hire staff for the venture.

You can do it anytime, anywhere

The beauty of trading is the fact that it is universal and it is online. This means that no matter what time of day and where you are in the world, you will always be able to make money for yourself and your loved ones. If you have gone on holiday for a while you can check up on your stocks to see how they are going and you can even put new ones on. It is a great way to stay focused on your trading while anywhere in the world.

You’ll enjoy it

If you love challenges then this will be right up your street and it can be truly fun to try your hand at trading in the workplace and at home. You might find it is a new hobby which you genuinely look forward to doing every day!

3 Ways To Learn About Online Trading

There’s one reason why many people don’t take the plunge into online trading. It’s because they don’t know the first thing about it! Not only does trading seem complicated, but there is also the risk factor. After all, if the person isn’t entirely sure what he is getting himself into, there is the risk of a bad investment. Of course, the rewards can be great. One way to build a nest egg or to amass a small (or a large) fortune is to invest on the Stock and Forex markets. Rather than avoid the risk, it’s worth educating yourself to find out more about what is involved. Rather than say “I don’t know what to do,” ask yourself “How do I get started?” What seems complicated at first will appear less so through a little education.

Here are three ways to learn more about online trading.

#1 Read about it

graham's book

Pick up an investing book from your local library or bookstore, and read all about it. There are books for ‘dummies,’ going through all the basics, to books that offer detailed opinions on investing for those who have already taken the step into the trading world. To get you started, consider The Intelligent Investor, written by the so-called Godfather of Value Investing, Benjamin Graham. According to those in the business, the book is one of the most influential investment books of all time, for newbies and experts alike. Then browse the internet for financial websites. You will find some advice on our site, as well as popular investment websites, such as Investopedia, which is a one-stop shop for everything you need to know about the world of investing. News websites such as Yahoo Finance and Bloomberg are also a great resource for beginner investors, as are financial newspapers, such as The Wall Street Journal.

#2 Take an investment course

a man working

You may find an investment course at your local college, but there are also courses available online. While most courses will require a fee, you can also find free courses that will show you the ropes. On the subject of courses, consider attending a seminar. Led by investment experts, you will learn more about investing through people who have had years of experience in trading. Be mindful, however. There are some courses, especially online, that cost a lot of money with very little value. As with the trading market itself, don’t get suckered in by something that seems like a good deal until you have done your research into who is behind the course.

#3 Open up a trading account

trading account

Look online for a decent trading platform, and familiarise yourself with the setup. Before you make your first investment, take advantage of the tools and tutorials that are available to you. Many platforms also offer demo tools, enabling you to trade virtually with virtual money, letting you get the hang of how everything works. After getting to grips with the process, it’s then time to take your first step into trading for real. Start small to mitigate risk, and you will gradually learn the art of trading through experience.

As a trading newbie, you do need to educate yourself before starting out online. There are risks involved, and mistakes can be made. By learning more about trading through the resources available to you, you will reduce the risk, and hopefully, be one step closer to making your fortune.