Replies to post #202377 on DD Support Board and Research Team

[bar1080]

The warnings in the footnotes are a hoot:

"Warrior Trading may publish testimonials or descriptions of past performance but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty or guarantee that similar results will be obtained by you.

Ross Cameron’s experience with trading is not typical, nor is the experience of traders featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication and a significant amount of time.

Your results may differ materially from those expressed or utilized by Warrior Trading due to a number of factors. We do not track the typical results of our past or current customers. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole."

[bar1080]

Warrior Trading, in its footnotes, cites a respected journal article by Berkeley finance Professor Odean that says...

"the aggregate performance of day traders is negative, 74% of day trading volume is generated by traders with a history of losses, and 97% of day traders are likely to lose money in future day trading."

"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2535636

[CashBowski]

I remember the days when Ross was just some rando on Twitter. They all came out of the woodwork around 2013 with the boom in weed stocks and once they grew their followers on the platform, in no time they all had a scam pay-for-play “trading room”.

I always got a kick out of the fake tweets thanking these scammers for the bigly bucks they are raking in lol.

Does he still use the Trade Ideas platform? It’s actually a decent platform, but it’s not his. Few years ago when I checked in on him it seemed he relied heavily on TI platform’s capabilities to glorify himself in making every day Joe’s millionaires.

[janice shell]

Good for the FTC. There are, of course, zillions of schemes like that one, not all of them having to do with stocks:

"Make $4,000 a week working from home!"

"Learn the secrets of lottery winners!!"

And much, much more.