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Any guesses as to why? Warrior Trading instead tells traders that failure is common.
Cameron reiterates a 2: Is Warrior Trading a Scam? Calling Warrior Trading a scam is inaccurate but is a well-oiled marketing machine run by Ross whose main goal is make money. The whole concept of quitting your job and having the freedom to travel the world by trading on your laptop by a beach, is a major selling point in their sales pages.
He must spend a fortune on paid ads, web designers and copywriters to achieve so much coverage. Another thing I noticed is he has a good understanding of how to rank websites on Google and owns multiple one page websites purely created to outrank webpages who talk negatively about his brand.
Brokerage Statements Despite all the controversial claims and click bait headlines, Ross has actually posted proof on his blog to verify all of his profits for and Even though he is fully transparent and publicly shows his trades, haters will always doubt his success and want more proof. Generally speaking, I am very suspicious of these one day open houses because the trading guru is going to be on his very best behavior. These events are generally well rehearsed, scripted and presented in such a tone and manner that the moderator cannot help but look great.
Think of these one day free trials as a one-day free tour of the local butcher. In order to figure things out, we want to see what is happening with the sausage making, and where the meat is locked, and the cleanliness of the place, the back of the place. I have personally found that these one day, free trial trading events are scripted and useless sales presentation. And in the case of Ross, I needed to enter my credit card number, pay for a subscription, do some hardcore screen recording on Camtasia to figure out the truth.
He specializes in what are called low float stocks with high momentum. What is a low float stock? Simply put, there are not a lot of shares on the open market. For instance, General Electric is a high float stock, there are plenty of shares outstanding, the stock is highly liquid with an average of over 40 million shares trading each day.
Why is this important? Because stocks with a high float and a high daily trading volume have very tight spreads. Therefore, if the price of GE is currently The spread to buy or sell is very tight, the market is very deep with plenty buyers and sellers, and there are massive amounts of shares floating around. Ross likes low float stocks that move fast. Here is the problem, stocks that have a low float and high momentum have a problem with wide spreads.
What does this mean? This means that since not many shares are floating around, and these stocks tend to move quickly, then the cost of executing a market order can be very high. A person would not enjoy the added liquidity of a high float stock, a person would have to pay a premium of. Conversely, if a person executes an immediate order to execute a short trade, or exit a profitable trade, or exit a losing trade, then this person is going to pay this.
And it highly skews performance from Trader A when compared to Trader B. In fact, Tim Sykes, the popular trading guru has had a big problem with his trading service because of this very problem. He would initiate a trade in a lightly traded penny stock, then blast out to the subscribers that he just entered an order. The subscribers would then trample over each other to get into the trade, which distorted the price and caused so many problems that Tim had to create a swing trading service because of all of the complaints.
The moderator wins, everyone else loses. Now that you have a basic understanding of how a low float with high momentum greatly affects the entry and exit price, I would like to put this information into the context of Warrior Trading and my individual findings. I recorded and observed everything that happened inside of the trading room. I was able to confirm that 44 trades were actually called live, by Ross inside of the trading room.
What is a trading DOM? A trading DOM is a price ladder that shows exact prices, allows order entries and exits, and shows the spread at the current price. Also, and most importantly, a trading DOM will show the real time profit and loss for the current position. Ross was not willing to show this information.
During the week, I sent Ross an email requesting that he show the DOM on the screen, this would show us that he was actually executing trades. However, Ross ignored my initial emails and began dodging me. Little did Ross know, that all of my emails are embedded with a tracking program that notifies me in real time, whenever my email is opened and viewed. I could see in real time that Ross was opening my emails and I was expecting him to respond.
Ross would not respond. I would email him the next day and he would respond that he did not receive any such email. I knew he was lying. He did not know that I was watching him open the emails. Every broker sends out a nightly report of trading activity, and any account numbers can easily be redacted to hide an account number. I was not asking for names, addresses, account numbers, or any personal or private information…I only wanted to see that he was executing trades, for only a single day.
His results which are on ross's site are amazing. In the time I have been in the room, he makes consistent money.
So, Follow Mike and Jeff and you are ok. Ross is NOT a mediocre trader, he is a pathetic trader and is simply the puppeteer behind the scenes. Email me, ask questions, etc. I have seen more than most and if you want a few good calls a week follow mike. If you want swing trades follow Jeff. Otherwise, do not buy a course, especially the non swing ones I hope this will save the newbies who are looking for the holy grail.
You will be sorely disappointed unless you take my advice.. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report.
This Warrior Trading review finds an impressive community that is a huge value for beginner traders. Warrior Trading has become the largest day trading chat room because they offer something nobody else offers. Valuable trade alerts, tons of education, and a supportive community. This is a combination that is rare in this industry.
Apr 11, · This Warrior Trading Review covers everything you need to know before signing up for Ross Cameron's day trading chat room and service/5. Warrior Trading Complaint Review: Warrior Trading Ross Cameron (Name he use but maybe not his real name) They lied, gave me false hope, wasted my time. Internet.
Dec 10, · In addition, you get access to proven Warrior Pro trading system, personalized trade review by Ross himself and 3x weekly mentorship. Finally, there is the Warrior Inner Circle which is reported to be the most /5. Warrior trading education made me understand what I need to know and my options when it comes to trading.I also love the fact that I can listen to the classes over and over in my own time. Useful Notify us about this review if it contains your personal information, language you find offensive, or you believe the review is fake.
Reviews, discussions, and comments about the newsletter Warrior Trading. Warrior Trading currently has 96 review(s). Warrior Trading is a day trading education and chatroom website that was established by Ross Cameron back in Initially, it was just a blog, but over time, it grew into Initially, it was just a blog, but over time, it grew into.