Is anyone experienced with WARRIOR TRADING chatroom?

iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#16
Would appreciate PROs and CONs of that subscription, which is rather steep for monthly.

my specific questions:

- do they do all stocks or also options ?
- is an exprienced trader voice / video hosting that chat room?
- are other members silent and only posting?

How useful is this chatroom ?

Thanks for ur input
I had the Warrior Pro membership. You can ask me any questions.
However, I WOULD NOT advise joining the chat. Its a waste of money.
 

iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#17
I have Trade Ideas - in terms of quality I have to say it's good and has pretty much most of the technical information you would need to monitor your criteria.
My view is that the company owners think that its worth more than it really is. Holly IMO is nonsense. OK, it might have some value but its no Holy Grail or they would be leveraging it for themselves and using it to make money for them rather than selling memberships. They certainly churn out the Holly video hype nonsense pretty much constantly. The software is not flexible in that you can't create your own personalised formulas for things to watch.
The company seems a little amateurish though. I've contacted support a few times to try to get some info and they have just fobbed me off. Service has been up and down very occasionally, due to hardware glitches - I've experienced it at first hand.
When you buy a membership on monthly or yearly they put your membership on a recurring billing (even yearly plan) and try to automatically renew and get your money. You have to make sure you cancel the auto-renew otherwise you will find out the hard way on your CC bill. I found out the hard way!
I have now cancelled my TI membership and am now planning to use the Interactive Brokers market scanner which is awesome for the price (BIG FAT ZERO $). The advantage is that it is hooked into the IB data servers and you'll always have close to zero ping for alerts.
 

Quantt

Active member
Jul 23, 2017
945
57
38
#18
I have Trade Ideas - in terms of quality I have to say it's good and has pretty much most of the technical information you would need to monitor your criteria.
My view is that the company owners think that its worth more than it really is. Holly IMO is nonsense. OK, it might have some value but its no Holy Grail or they would be leveraging it for themselves and using it to make money for them rather than selling memberships. They certainly churn out the Holly video hype nonsense pretty much constantly. The software is not flexible in that you can't create your own personalised formulas for things to watch.
The company seems a little amateurish though. I've contacted support a few times to try to get some info and they have just fobbed me off. Service has been up and down very occasionally, due to hardware glitches - I've experienced it at first hand.
When you buy a membership on monthly or yearly they put your membership on a recurring billing (even yearly plan) and try to automatically renew and get your money. You have to make sure you cancel the auto-renew otherwise you will find out the hard way on your CC bill. I found out the hard way!
I have now cancelled my TI membership and am now planning to use the Interactive Brokers market scanner which is awesome for the price (BIG FAT ZERO $). The advantage is that it is hooked into the IB data servers and you'll always have close to zero ping for alerts.
Very good description on the service, it sums up my experience from few years back... Also I am getting promo emails from time to time and I think last year they were promoting going to Shark Tank but never heard how it actually went, so does anyone knows? I am very curios what kind of numbers they have presented, like membership, revenue, etc...
 

iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#19
Very good description on the service, it sums up my experience from few years back... Also I am getting promo emails from time to time and I think last year they were promoting going to Shark Tank but never heard how it actually went, so does anyone knows? I am very curios what kind of numbers they have presented, like membership, revenue, etc...
I'm not sure what Shark Tank is/was exactly (I assume some showcasing event) but I can guarantee that knowing TI management, if there was something to hype they would have done so by now and we would know. I can only assume it was a relative flop after the initial hype :cheesy: !
 

Quantt

Active member
Jul 23, 2017
945
57
38
#20
I'm not sure what Shark Tank is/was exactly (I assume some showcasing event) but I can guarantee that knowing TI management, if there was something to hype they would have done so by now and we would know. I can only assume it was a relative flop after the initial hype :cheesy: !
Yep, big TV show in the US, really cheesy and gets boring after you watch it few times, but people do disclose financials...

https://en.wikipedia.org/wiki/Shark_Tank

Maybe they didn't get past the initial vetting...
EDIT: Or maybe it will be part of the new season... We'll see, I am sure we'll get emails about it :)
 

iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#21
Had a look at the Shark Tank over the w/e. Looks just like the UK version Dragon's Den. In any case this guy describes the process of getting into Shark Tank (he made it in):

 
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iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#23
Ross Cameron / WARRIOR TRADING refuses to refund a 74 year old retiree despite his 30 day money back guarantee:

http://www.ripoffreport.com/reports...radings-fraudulent-guarantee-internet-1375521

There is a special place in Hell for people like this one...
Whilst I do feel some pity and feel sorry for the retiree on the one hand, in terms of not being able to get the money back in the 30 days, this report shows the gullibility of people thinking they can make in day trading.
I do remember people getting kicked out of the chat for even questioning small things..
 

Quantt

Active member
Jul 23, 2017
945
57
38
#24
Whilst I do feel some pity and feel sorry for the retiree on the one hand, in terms of not being able to get the money back in the 30 days, this report shows the gullibility of people thinking they can make in day trading.
I do remember people getting kicked out of the chat for even questioning small things..
I do disagree with you a bit here... I don't think the victims have to be blamed in a fraud cases like this... Just think about it, the old fellow probably saw a face book or google ad for the WT seminar, signed for the 30 day free access saw how those scammers were "making" $1000 every day and signed for the course all in a good faith, soon realized everything is fishy there and wanted to get his money back...

Those criminals think they are protected by the fine print, but sooner or later the government will go after them, because they are flat out laying and scamming and looking into Ross physique, he'll have a rough time in the US prison system...
 

iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#25
I wasn't defending Ross Cameron in any way and I do feel his greed has turned Warrior Trading into a scam now. The chat room itself is a complete pump and dump scam.

Infact I was coming at it from the perspective of personal responsibility. If you buy a $3-4K course and find you're no good at it, I feel there is a large amount of responsibility on the part of the buyer. The buyer should take some responsibility for not doing the correct research. A lot of courses these days almost remind me of the famous 419 eater Nigerian scams.
 

Quantt

Active member
Jul 23, 2017
945
57
38
#26
Infact I was coming at it from the perspective of personal responsibility. If you buy a $3-4K course and find you're no good at it, I feel there is a large amount of responsibility on the part of the buyer. The buyer should take some responsibility for not doing the correct research. A lot of courses these days almost remind me of the famous 419 eater Nigerian scams.
We agree to disagree on this one, the responsibility is strictly with the seller, to me this is like eating a food in the restaurant and getting sick after while the cook and the whole restaurant staff knew they were under cooking the food and preparing it wrong on purpose to make a quick buck...
 

iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#27
We agree to disagree on this one, the responsibility is strictly with the seller, to me this is like eating a food in the restaurant and getting sick after while the cook and the whole restaurant staff knew they were under cooking the food and preparing it wrong on purpose to make a quick buck...
If the course was crap I would agree 100% with you on this. But after paying for it, I can say the course does have value. I recorded all the course videos and over 1.5 years of mentoring videos (around 2-3 per week), scanners, docs, and excel worksheets.
Now with regards to the money back guarantee and hiding behind the small print, that's total BS on the part of Cameron and I do agree with you.
 

Quantt

Active member
Jul 23, 2017
945
57
38
#28
If the course was crap I would agree 100% with you on this. But after paying for it, I can say the course does have value. I recorded all the course videos and over 1.5 years of mentoring videos (around 2-3 per week), scanners, docs, and excel worksheets.
Now with regards to the money back guarantee and hiding behind the small print, that's total BS on the part of Cameron and I do agree with you.
I have seen the course and I am sorry you got scammed by this band of criminals spanning few websites and companies, sooner or later someone will sing and they all will get nailed for lying and front running...
 

iq200

Active member
May 17, 2003
327
11
28
Surrey, UK
#29
You've seen all of the following?

the day trading videos (8GB),
the scalping course videos (300MB),
position sizing course videos (150MB),
swing trading course videos (1.6GB),
the VWAP course (130MB),
the mentoring videos (300GB)

Oh yeah ... the course videos are quite brief but the value is in the mentoring videos :)