We’re here to evaluate Learn Plan Profit 2.0, a program by Ricky Gutierrez. Is it reliable? Find out in our detailed analysis.
Learn Plan Profit, created by Ricky Gutierrez, is a trading system. Ricky portrays himself as a young millionaire, YouTube sensation, and trader. You’re probably here because of the recent surge in demand for this course.
In November 2021, Ricky Gutierrez launched Learn Plan Profit 2.0. Can you expect a positive return on investment in 2022?
Wondering if it’s worth your time and money, or if there’s a better alternative?
A quick disclaimer: I have no affiliation with Learn Plan Profit, meaning I’m not paid for this review. You’ll get an honest and unbiased assessment from me.
By the end of this review, I’ll also share the best alternative that has helped me generate a full-time passive income online.
Table of Contents
- How Does Learn Plan Profit Help You Make Money?
- Who is Ricky Gutierrez?
- Trading Track Record
- What’s Inside the Learn Plan Profit?
- Overview of the Learn Plan Profit Course
- How Much Does It Cost?
- Refund Policy
- Praise for Learn Plan Profit
- Criticism of Learn Plan Profit
- Is Learn Plan Profit Legit?
- 3 Risks of Day Trading
- Is There A Better Way to Make Passive Income?
How Does Learn Plan Profit Help You Make Money?
Learn Plan Profit, an online trading course by Ricky Gutierrez, is designed to help you earn money online through day trading.
It’s simple and transparent – just one upfront fee with no hidden costs or surprise upsells. Unlike some other courses that try to sell you additional products, Learn Plan Profit includes everything you need for successful stock trading.
The course covers a wide range of topics, including:
- Day trading success strategies.
- Trading principles suitable for beginners, intermediates, and advanced traders.
- Technical analysis and risk management.
- Understanding technical concepts like support and resistance.
- Essential rules for maximizing profit.
Interested? Just remember, day trading comes with its fair share of risks.
Learn More: How to Make Money Day Trading
Who is Ricky Gutierrez?
Ricky Gutierrez, a young man from Gilbert, Arizona, claims to be the town’s youngest billionaire. But how did he get there? Well, Ricky started building his fortune at a young age as both an entrepreneur and a day trader.
He quickly made a name for himself in the trading community, and today, he runs Techbud Solutions, a digital content hub mainly for young entrepreneurs. While his main focus is the stock market, Ricky also dabbles in real estate and car sales.
It all began with a popular YouTube video where Ricky proudly showed off his trading profits, catapulting him to fame. This led me to discover the Techbud Solutions Facebook group, which happens to be the largest trading community I’ve seen.
Inspired by Ricky’s day trading course and YouTube content, new traders eagerly share their Robinhood account screenshots in this special Facebook group. Ricky has a massive following, with over 300,000 people in the Facebook group, 900,000 YouTube subscribers, and more than 190,000 Instagram followers.
Ricky has undeniably turned trading lessons into a thriving business. But the big question is: Is his material genuinely valuable? As I dug deeper into Ricky’s offerings, I couldn’t help but wonder if he’s the real deal or just another YouTuber selling a dream.
- Learn more about Ricky Gutierrez
Trading Track Record
Ricky Gutierrez may be a newer face in the trading scene, but he’s been open about his trading successes and strategies, eager to help budding investors.
His Learn Plan Profit program provides insights into the tools Ricky employs to achieve significant wins in the stock market.
What sets Ricky apart is his commitment to transparency. He live-streams his trading sessions, allowing you to witness both successes and setbacks and observe how he responds to them.
What’s Inside the Learn Plan Profit?
Inside the Learn Plan Profit course, you’ll find a wealth of valuable resources. Let’s dive into what’s included in the course fee:
Course Lesson Library
When you enroll in Learn Plan Profit, you gain access to the entire course. Plus, you’ll receive any future updates automatically.
The course material is extensive, covering 36 topics with over 10 hours of content. Ricky specializes in various niches, catering to a wide range of aspiring investors.
Private Group Chat
Enrolling in the course also grants you access to Ricky’s private group chat room. Here, you can network with fellow traders who have joined the course. It’s a stress-free environment with community support, making it perfect for newcomers looking to grasp trading concepts.
The chat boasts thousands of quality traders during stock trading days, providing a great place to gain knowledge, actionable insights, and develop trading strategies.
Ricky even hosts daily Q&A sessions in the chat, where you can ask all your swing trading and day trading questions.
Daily Live Trading
With the course, you get access to Ricky’s daily live trading stream. Here, you can observe Ricky Gutierrez in action as he shares his screen with the private group.
During the stream, he explains his strategies and the investment opportunities he’s pursuing for the day. This allows you to witness his thought process in real-time.
Many users appreciate Ricky’s dedication to actively engaging with students, a departure from other trading courses that lack instructor involvement.
Ricky also provides a weekly watchlist of stocks and actionable trading insights.
This list of stocks is an excellent starting point for beginners and a valuable resource for experienced traders looking to craft new trade strategies.
It adds to the comprehensive support the course offers, assisting new traders as they progress to higher levels of competence.
Overview of the Learn Plan Profit Course
The Learn Plan Profit course is structured into five modules, each packed with valuable lessons covering the ins and outs of stock trading. These modules are thoughtfully designed to empower novice traders to navigate the stock market successfully.
Let’s break down what each module offers:
Module 1: Introduction
- Ricky’s course kicks off by introducing you to the private trading group chat and schedules for Q&A sessions and streams.
- You’ll find handy Excel files to track your trades and an affiliate link if you want to invite friends.
- The Introduction module comprises over five hours of content, starting with two hours covering the basics of trading, including topics like the PDT rule, risk management, and cutting losses.
- Ricky then delves into the mechanics of trading, outlining specific swing trade strategies.
- The module concludes by discussing the indicators Ricky uses to spot profitable trades.
- If you’re new to trading, this module provides an excellent foundation and mindset for navigating the world of day and swing trading.
Module 2: Chart Studies and Techniques
- In this section, Ricky explores more advanced day trading topics.
- With the basics covered in Module 1, beginner traders can build upon their trading strategy.
- Ricky explains the technical indicators he uses to identify promising stocks without relying on news reports.
- He provides insights into technical analysis, including EMA, SMA, averages, and day trade entry and exit strategies.
- The module also addresses the critical topic of time frames, helping traders avoid common pitfalls.
- These tools not only educate but also save traders from costly mistakes.
Module 3: TD Ameritrade
- Module 3 consists of two videos where Ricky discusses his preferred broker, TD Ameritrade.
- He explains why he chose this platform, shares his trade setups, and even talks about the hotkeys he uses for efficient trading.
Module 4: Swing Trading
- As the name suggests, this section is all about swing trading.
- Ricky guides you on scanning the market for the best swing stocks and shares his six golden rules for maximizing profits.
- You’ll learn Ricky’s trade setups, personal tips, and insights that have contributed to his success.
- He also explains the ideal swing trade, where to find it, and when to buy.
Module 5: ETFs (Exchange Traded Funds)
- ETFs are essentially groups of similar stocks that can be traded as a single unit.
- Ricky explains the differences between ETF trading and stock trading.
- These videos teach you how to identify the best ETFs and trade them effectively in both day and swing trading.
- Ricky breaks down the benefits of ETFs and offers guidance on monitoring them.
Each module in the Learn Plan Profit course serves as a stepping stone, allowing traders to progress from novice to expert while gaining valuable insights and practical strategies along the way.
How Much Does It Cost?
Ricky Gutierrez’s day trading course comes at a listed price of $499, with lifetime access included. No hidden costs or additional fees.
If you prefer a more flexible payment option, you can also opt for two monthly payments of $275 each (plus tax).
The good news is, there are no upsells within the course. Once you’re in, you have access to everything you need to master the mechanics of swing and day trading. It’s a one-stop solution for your trading education.
Learn Plan Profit has a straightforward refund policy: There are no refunds offered for the course, regardless of the situation.
This is a common policy among many courses. The advantage is that once you’re in, you retain access to the chat room, live streams, and any future course updates indefinitely.
Praise for Learn Plan Profit
1. Comprehensive Content
Learn Plan Profit covers a wide range of topics, making it an excellent choice for both beginners and those looking to expand their trading knowledge. From swing and day trading to ETFs, the course provides a solid foundation in various trading areas.
2. Active Community Engagement
The inclusion of a private chat and daily live streams offers a dynamic learning experience. Students can interact with Ricky Gutierrez and fellow traders, ask questions in real-time, and gain valuable insights directly from the trading community.
3. Timely Updates and Resources
Ricky’s commitment to providing weekly watchlists and well-recorded videos ensures that learners stay up-to-date with current market trends and trading opportunities. This feature equips students with the latest tools and strategies to succeed in the ever-changing stock market.
4. Simplified Strategies
Ricky’s trading setups are not only shared but also explained in a simple and easy-to-follow manner. This accessibility makes complex trading concepts more understandable, making it easier for traders to apply Ricky’s strategies effectively.
Criticism of Learn Plan Profit
1. Limited Value for Expert Traders
One downside of Ricky Gutierrez’s Learn Plan Profit program is that it may not offer substantial value to experienced or expert traders. The course is primarily geared towards beginners and intermediate traders, so those already well-versed in advanced trading strategies may find the content less relevant or not as in-depth as they would prefer.
2. Limited Experience of the Instructor
Another potential drawback is that Ricky Gutierrez is still a relatively new trader in the industry. While he has achieved notable success, his limited years of experience might raise questions about the depth of knowledge and expertise he can provide compared to more seasoned traders or instructors in the field.
Is Learn Plan Profit Legit?
Learn Plan Profit isn’t a scam. You can make money with it, but it’s not as easy as Ricky Gutierrez makes it sound.
The $299 price might seem high initially, but it’s a one-time fee for lifetime access to the course, private chat, and live streams. In the world of online courses, Learn Plan Profit is relatively affordable. Some platforms charge the same amount just for chat and live stream access.
This education can help you avoid losses and potentially earn significant returns. Unlike courses that cost over $1,000 and focus solely on advanced topics, Learn Plan Profit provides essential tools for new traders.
After reviewing the material, we believe it’s a worthwhile course for the price.
3 Risks of Day Trading
While Learn Plan Profit is a comprehensive course, day trading is inherently considered a risky approach for making money. Here are some reasons why:
1. High Transaction Costs
Day trading can be financially draining due to transaction costs. These costs primarily include taxes and trading commissions. If you buy and sell a stock within a year, any gains are subject to your ordinary income tax rate, which is usually higher than the rate applied to long-term investments.
In addition, depending on your trading platform and the type of security you’re trading, you may incur commissions with each trade. These expenses can significantly eat into day traders’ profits.
2. Inherent Market Volatility
The inherent nature of capital markets makes day trading a risky endeavor. Intra-day stock price movements are often driven by random fluctuations and quickly adjust to new public information. When you place market orders, you’re competing against seasoned institutional investors and high-frequency trading algorithms.
It’s highly improbable that you possess information that these professionals do not, except if it’s illegal insider information. This fierce competition and rapid market adjustments can lead to substantial losses for day traders.
3. Lack of Information Advantage
Day traders often lack a meaningful information advantage in the market. Professional investors and institutions have access to vast resources, research, and tools that are not readily available to individual day traders.
The probability of an individual day trader having an information edge over these professionals, without resorting to illegal activities, is extremely low. This puts day traders at a disadvantage, as they are essentially trading against a well-informed and highly competitive market.
Is There A Better Way 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 instead.
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.
For more information, you can check out our full review of Wealthy Affiliate.