Are you looking for a Learn Plan Profit review? But you may wonder if it is a scam.
Learn Plan Profit 2.0 is a new program developed by Ricky Gutierrez, and we will evaluate it today. How reliable is this program? Find out in our detailed analysis of Learn Plan Profit 2.0.
Learn Plan Profit trading system was developed by Ricky Gutierrez, who portrays himself as a young millionaire, YouTube sensation and trader. Probably, you are here because the demand for this course has increased a lot lately.
In November 2021, Ricky Gutierrez released a revised version of his most popular course. Is it reasonable to expect Learn Plan Profit 2.0 to deliver a positive return on investment in 2022?
You may be wondering if it’s worth investing so much time and money in this program, or if you might be better off finding an alternative curriculum.
As a disclaimer, I’m not affiliated with Learn Plan Profit. It means I’m not paid to write this review. So you can rest assured that you will get an honest and unbiased review from me.
At the end of this review, I’ll also tell you the best alternative to Learn Plan Profit that has enabled me to make a full-time passive income online.
What Is Learn Plan Profit?
With his Learn Plan Profit 2.0 course, Ricky Gutierrez teaches students both day trading and swing trading.
In his own words, Ricky calls it a “video lesson library designed to teach new traders how to day trade successfully, step by step, from A to Z.”
Join Ricky’s private trading club and participate in unique daily live trading sessions when you sign up for Learn Plan Profit 2.0. You can also watch over 70 video lessons if you’d like.
Since its release in 2017, Learn Plan Profit has become one of the most sought-after trading courses on the market.
More than three thousand participants have signed up for the course so far. In November 2021, Ricky Gutierrez released Learn Plan Profit 2.0, a revised and updated edition of his original 2020 book.
In the first version of Learn Plan Profit, there were originally 32 videos spread over five chapters. Even the shortest recording was a few minutes long, so the videos covered a wide range of running times, from under to well over two hours.
Like other courses aimed at beginners, this one is reminiscent of The $1,000 Club.
Who Is Ricky Gutierrez?
A young man named Ricky Gutierrez claims to be the youngest billionaire in Gilbert, Arizona. When did he gain the confidence to make such a decision? In his early years, he amassed a fortune as an entrepreneur and day trader.
Early on, Ricky made a name for himself in the trading community, and today his company, Techbud Solutions, is a digital content powerhouse that caters to young entrepreneurs.
Ricky deals primarily with the stock market, although he also dabbles in real estate and selling cars.
A YouTube video of Ricky Gutierrez bragging about his trading profits became very popular, and that led me to the Techbud Solutions Facebook group, the largest trading community I know of.
New traders, inspired by Ricky’s day trading course and YouTube videos, post screenshots of their Robinhood accounts in a special Facebook group.
The number of Ricky’s loyal followers is enormous. Over 300,000 people are part of the Facebook group, 900,000 people watch his videos on YouTube and over 190,000 people follow him on Instagram.
There is no doubt that Ricky has done a fantastic job of making trading lessons a successful business. However, the question is whether or not his material is valuable.
The more I thought about Ricky’s offering, the more I wanted to find out if it was real or if he was just another YouTuber peddling a fantasy.
Learn Plan Profit Course
For inexperienced traders, the Learn Plan Profit is an indispensable tool. About 70 movies, well over seven hours in length, make up the entire course.
The videos alternate between Ricky speaking live and snippets where he talks about various trading strategies.
Module 1: Mastering The Market
The first session provides new traders with the basic knowledge they need to get started. Ricky discusses the basics of small business investing and some related topics.
I learned two things in this course that surprised me.
First and foremost, Ricky does not try to make trading look too easy. Many so-called trading “gurus” wrongly claim that they can guarantee profits to attract new investors.
Ricky stays grounded by lecturing rather than making sales pitches.
Second, the content is impressively comprehensive and well written. Of course, that’s to be expected when it comes to exchanging money. I admit that my initial skepticism was justified.
After all, a young YouTube millionaire trying to sell you a course makes everyone suspicious.
Beginners will learn the basics of trading in this first lesson. A particular topic is covered in depth in several short videos.
The content of the first module includes:
- What Are Low Cap Stocks? (AKA Penny Stocks)
- Support and Resistance
- How Much Money To Start Investing With
- How to Get the Most Out of Paper Trading
- How To Use TD Ameritrade
- The Most Important Indicator
- What Are Pump and Dumps
- The Core Styles of Trading
- The PDT Rule
- 4 Keys to Technical Trading Success
- Why To NEVER Hold Penny Stocks
- Setting Expectations and How to Stay Consistent with Your Trades
- BulletProof Process to Identify Potential
- How, When and Why To Cut Your Losses
- How to Manage Risk
- Ricky’s Golden Ratio
- How to Avoid Hype (and Identify Real Opportunity)
This may seem elementary, but it is crucial for newcomers to the stock market.
Module 2: The Mechanics Of Trading
Module 2 of our Learn Plan Profit course goes into detail about practical trading difficulties. Traders can get a good start with Module 1 and then be ready for real trading conditions with Module 2.
Topics covered in this course include creating and using watch lists, interpreting charts, and performing Level 2 monitoring. Each video is a short “101” course that provides a basic introduction to the topic at hand, making it suitable for beginners.
Even if you already know a lot about the trading concepts discussed in the videos, you’ll be surprised at how easily Ricky breaks them down for you.
This learning unit is like a streamlined, individualized Investopedia. You’ll get information on the following topics:
- How To Build a Watch List
- Japanese CandleSticks and How To Read Them
- The 4 Most Common Order Types (and How I Use Them)
- Step by Step Alert Setting Method
- Cash Accounts vs. Margin Accounts (Pros and Cons)
- Stop Losses vs. Mental Stop Losses
- Using Level 2 To Forecast Stock Values
- Pre-Market and After-Market Hours
- My Scanner and Scan Criteria
Module 3: My Indicators And Best Practices
Module 2 presents the basics of trading in an Investopedia-like format, and Module 3 analyses Ricky’s trading approach in detail.
At the beginning of the module, Ricky explains the EMAs, the RSI, the MACD and the VWAP, the four technical measures he prefers. Not content with demonstrating their usefulness, the course also teaches how to use them.
Next is a tutorial on charting, including breakouts and pullbacks.
Since Ricky plays a role in this scene, we better understand what he’s all about. Ricky talks about certain chart configurations in ThinkorSwim.
A series of movies towards the end of the document discuss various markets, asset classes, and trade management methods.
The complete video list is as follows:
- Using The RSI Study
- How I Use EMA, VWAP and the MACD Indicator
- Buying on Pullbacks
- Identifying Manipulation in Real-Time
- How To Use Frequencies Accurately
- Bag Holding (Common Mistakes People Make)
- How I Lock in Profits
- How to Trade Your BEST Stock
- Inverse ETFs
- How, When and Why To Cut Your Losses
- Breakdown of a Typical Swing Trade
- What I Look For in a Momentum Trade
- How I Identify and Capitalize on a Breakout #1
- How I Identify and Capitalize on a Breakout #2
- Trading Desk Setup
- Delisting Notice – What To Do
- The Reverse Stock Split
In this section, the curriculum begins to take shape.
The videos bridge the gap between theory and practise by showing how concepts from the classroom can be applied in the workplace.
Ricky Gutierrez’s generous disclosure of his trading setup in this video is also likely to be well received by the trading community at large.
Module 4: Mindset For Success
In this lesson, you’ll get mental training for trading. Ricky’s thoughts on the importance of a positive mindset take up most of the film.
Even though I think they are obvious, after spending a lot of time researching the psychology of trading, newcomers need to understand some things.
In fact, this is where Learn Plan Benefit’s lessons really shine.
The lessons are accessible to beginners because they are not overly complicated.
Although Ricky is still a young trader by industry standards, he does an excellent job of passing along advice that younger traders “wish they had learned” when they first started.
In this lesson, you will learn to keep things simple, trade without emotion, and lock in profits.
These skills may seem elementary to an experienced trader, but they can help a novice get their foot on the ground and avoid costly mistakes.
This module contains the following topics:
- My Biggest Mistakes and How To Not Make Them
- How To Keep Your Trading Life Simple and Consistent
- How to Set and Breakdown Yearly Goals
- Lock in Profits without Forcing a Trade
- Trading with No Emotions
- Mindset of the Trade
- If I Had To Start All Over Again
- How Your Quality of Questions Determine Quality of Life and Business
Module 5: Swing Trading
Module 5 provides an introduction to swing trading. Learn how to search for stocks and what indicators you can use for swing trading. In these lessons you will also find information on how to handle a swing trading position.
These videos are great for trading beginners because they are short and sweet.
Ricky explains everything clearly and gives swing traders a set of useful “golden rules” for minimizing losses and maximizing profits.
Among the videos are:
- How to Scan For The Right Swing Stocks
- 6 Golden Steps For Swing Trading
- The Ideal Swing Trade
- How To Know When To Buy
- The Tools For Swing Trading
Learn Profit 2.0 Pros And Cons
The training is comprehensive and covers not only the basics of trading but also some advanced strategies. Ricky comes across as a real person, and his trading course offers a wealth of valuable information. Beginners will benefit a lot from these clear and concise lessons.
In addition, the course can help beginners save money by skipping an expensive part of the “learning process” associated with trading. Trader Gutierrez is very helpful in pointing newbies in the right direction.
Being a beginner himself, Ricky is good at putting himself in the shoes of new traders and presenting things in a way that resonates with them. By investing in their education, newbies are better able to avoid costly mistakes in the early stages of trading.
The program comes with an informative and easy to follow video guide. It is one of the most cost-effective options for beginners.
First and foremost, this is a course for beginners. It is doubtful that advanced traders will learn anything new at this event. Ricky appears to make only a few hundred dollars (up to $1,000+) per day, while other trading gurus report earnings in the 4 and 5 figures per day. While this is a significant amount of money, it is unlikely to excite many experienced investors.
Making money and the ability to teach are not always dependent on each other. However, Ricky is still an inexperienced trader, so his strategies are suitable for beginners. If you already have some trading experience, you should sign up for an advanced course.
Investing and trading are by no means the same thing. Trading requires more active participation than the more passive process of investing.
When first considering a career in trading, most people have no idea how much effort is actually involved. This is not to discourage anyone from entering the world of trading, but beginners should have realistic expectations before they start.
Learn Plan Profit Pricing
After an initial investment of $299, you get lifetime access to the Learn Plan Profit.
The price is relatively modest for something of this scope and depth.
Also, unlike other trading schools, there are no sneaky upsells.
Learn Plan Profit Coupons
You can also take advantage of the coupons that are occasionally offered, even though there is currently no discount.
It’s best to follow Ricky’s live updates, as that’s where he often announces time-sensitive sales for the Learn Plan Profit program.
Currently, a savings of $75 is the best deal available.
What I Like About Learn Plan Profit
- A well-organised and detailed price overview
- Ideal for inexperienced traders
- The video tutorials are well recorded and easy to understand.
What I Don’t Like About Learn Plan Profit
- Not suitable for advanced traders.
- Taking a course does not guarantee success.
- Ricky Gutierrez is a new trader.
Who Is Learn Plan Profit Best For?
This training is especially useful for trading beginners. If you want to get into the trading industry, this is the way to go.
Ricky’s well-structured explanation of the basics will help you understand the market much faster. You can decide if Ricky’s trading and teaching methods are right for you by watching a few of his free videos on YouTube and joining his free group on Facebook.
It’s likely that you’ll be confused at first because he talks so fast, but after watching the introductory videos to the course, you’ll understand what he’s talking about much better and things will become much clearer.
I would not recommend this course if you are an experienced trader because it covers a lot of topics that you already know well.
Does The Learn Plan Profit Work?
First and foremost, I believe it is important for any aspiring trader to understand that there is no magic formula for trading successfully.
It takes a lot of knowledge and most importantly experience to properly navigate the markets and make profits in the process. You will not understand how much emotion is involved until you have completed a few trades and taken time to calm down and not panic.
This course will not magically transform you into a successful trader, but it will accelerate the pace at which you learn the market.
Is Learn Plan Profit A Scam?
I cannot say Learn Plan Profit is a scam. You can undoubtedly make money with it, but it’s not quite as simple as Ricky Gutierrez would have you believe.
Anyone considering buying a financial product should be aware of the significant danger involved.
Even if you make it to the big leagues and retire to a vineyard, the road there is so fraught with danger that it could cost you ten years of your life. One guess: if you make it at all.
One of my close friends is a copywriter for a world leader in financial advertising… So believe me when I say that most of the impressive statistics they cite in their ads and landing pages are questionable at best.
What you do not read about are the dozens of unsuccessful bets and trades that preceded the big win.
Well, most people can not keep their emotional reserves up with defeats for three months straight before (ideally) a big win.
Learn Profit 2.0 Review: Final Verdict
Before I conclude this review of Learn Profit 2.0, I learned a few more things that might be of use to you.
One of the reasons I was so impressed with Learn Plan Profit’s trading course is that it covers so many areas. If you are just getting into trading or have never taken a trading training program, this is a great option for you.
It’s really just an introductory course, nothing more. Trading can be a lucrative venture, and if you are just starting out, this strategy can prove fruitful. However, you should not spend so much on an introductory course.
Therefore, I still recommend that you use free online resources to learn the basics. After all, you can learn the basics with little more than a Google search.
Besides, trading is not very lucrative if you only know the basics. There are better ways, and I have one for you here.
I recommend you read on for more information on this topic.
Best Alternative of Learn Plan Profit to Make Passive Income
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.