If you’re reading this, chances are you’re interested in trading and have come across Stock Navigators. It’s a trading brand run by Trader Tom Luong, and you might be wondering whether it’s legit or not. Well, we’ve got you covered with this review!
We’ll dive into all the nitty-gritty details of Stock Navigators, including what the courses are about, how much they cost, and much more. After reading this review, you’ll be equipped with all the knowledge you need to decide if Stock Navigators is worth your hard-earned money. So let’s get started!
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Tom Luong, the founder of Stock Navigators, has an incredible story of perseverance and success. Growing up in Vietnam and arriving in the US as a non-native English speaker in the 1980s, Tom made a bold move and began his journey to success.
Ten years ago, Tom decided to focus on the stock market to make more money. He dedicated himself to discovering the secrets of trading with drive and determination, starting a rigorous study program. Trading and investing became his greatest passions over the years, and he invested over $100,000 in his education and more than $30,000 in trading software.
Tom’s focus paid off during the tech bubble, where he bought more and more stocks, and their value continued to rise. Unfortunately, his experience was short-lived when the tech bubble burst, causing him to lose half his fortune.
Despite the setback, Tom decided to develop his own trading strategy. He recognized that Wall Street professionals were making a killing, so he decided to incorporate everything he learned from his studies and trading into one comprehensive trading method.
Today, Stock Navigators is the result of Tom’s dedication and passion for trading. He shares his wealth of knowledge with others through courses and mentoring programs, helping people achieve their financial goals.
If you’re interested in learning how to trade stocks or you’re already an experienced trader, you may want to check out Stock Navigators. Here’s what they offer:
Different Trading Strategies
The courses provided by Stock Navigators offer various trading strategies. Some of these strategies require short-term trading, while others are for long-term trading. Keep in mind that short-term trading is more challenging and riskier than long-term trading. Only a few people can make it in day trading, and it demands precise timing and attention to detail.
Money Zone Trading Challenge ($97)
The Money Zone Trading Challenge is designed for beginners and is less costly than other courses. This program provides you with the necessary trading basics, a 3-hour Trading Bootcamp training, and an evaluation of your trading skills.
You’ll also have access to an online community where you can ask questions and get answers. While this course is great for beginners, it’s not for those who are completely new to trading.
Expert Trader ($4800)
If you’re an experienced trader and want to take your trading to the next level, you may be interested in Stock Navigators’ Expert Trader course.
To sign up, you’ll need to watch an hour-long presentation on Tom’s trading strategies. After completing the presentation, you’ll need to fill out a survey that asks for personal information.
You’ll then be prompted to call for a free trading ebook and a 1-on-1 strategy session. During the call, you’ll learn the cost of the course, which is $4800. The course includes a 60-hour training program on various trading strategies, a simulator for practicing trading, three weekly Q&A calls, stock ideas, market analysis, and access to a private community.
Stock Navigators offer courses that cater to both beginners and experienced traders. While the Money Zone Trading Challenge is great for beginners, the Expert Trader course is suitable for experienced traders who want to take their trading to the next level. Remember, trading involves risk, and you’ll need to invest a significant amount of time and money to succeed.
- How to Invest in Stocks: 7 Proven Steps
- How to Buy and Sell Stocks?
Before you jump in, there are a few things to consider.
First, are you serious about trading? Stock Navigators is designed for people who want to take trading seriously and are committed to learning and applying the strategies taught in the expert course.
Secondly, do you have the initial capital to trade? It’s important to note that the expert course is expensive and primarily focuses on day trading strategies. To start day trading, you’ll need at least $25,000 in your account. If you don’t have that much, you’ll only be able to make three trades per week.
That being said, if you’re willing to invest the money and time into learning and implementing the strategies taught in Stock Navigators, it can be a great resource for those who make multiple trades per week.
Learn more: Top 14 Stocks Trading Tips For Beginners
If you’re wondering how much Stock Navigators costs, the answer is $97. This may seem a little steep at first, but considering what you’re getting, it’s not too bad.
However, the second course they offer is a bit pricey, coming in at nearly $5,000. While it may be valuable, it’s not something I would recommend for everyone. Nowadays, there are plenty of more affordable options available if you’re on a tight budget.
For instance, you can easily find free stock ideas and top-notch training videos on YouTube. There are also several mentoring and training programs that won’t break the bank.
Ultimately, it’s up to you to decide whether Stock Navigators’ offerings are worth the price. But just remember, there are plenty of other options out there to consider.
If you’re considering purchasing a course from Stock Navigators, it’s important to know their refund policy.
The policy is a bit shorter than what is typically recommended – only 3 days. However, if you do end up needing a refund, it’s still possible to get your money back within that time frame.
Of course, it’s understandable if you feel that 3 days isn’t enough time to fully evaluate whether the course is the right fit for you. It’s always a good idea to do your research and read reviews before making any purchases, so that you have a better sense of what to expect.
That being said, if you do decide to take the plunge and sign up for a course, just keep in mind that the refund window is only 3 days.
When it comes to investing in stocks, it’s important to get guidance from experts who have been in the game for a while. Stock Navigators provides just that. You’ll get guidance from experts who have a proven track record of success in the stock market. This can help you make better investment decisions and increase your chances of success.
Stock Navigators provides a wealth of resources to help you learn about stocks. You’ll have access to a variety of courses, webinars, and other educational materials. These resources are designed to help you understand the ins and outs of the stock market and make informed investment decisions.
One of the best things about Stock Navigators is that you can learn at your own pace. You can access the program from anywhere with an internet connection and you can learn on your own schedule. This makes it easy to fit learning about stocks into your busy life.
Learn more: 5 Benefits of Investing in Stocks
One of the major drawbacks of Stock Navigators is its expensive pricing. While the first course is reasonably priced, the second course can cost you thousands of dollars. Not everyone can afford such a hefty investment, especially beginners who are just starting out in the stock market.
Bad Refund Policy
Another downside of Stock Navigators is its refund policy. If you are not satisfied with the course, you will have to wait for three days to get your money back. This is not an ideal situation, as it doesn’t give you enough time to evaluate the course and decide whether it is a good fit for you.
Lack of Strategies for Long-Term Investment
Stock Navigators mostly focus on day trading strategies, which can be risky, time-consuming, and costly. While some training is provided on long-term investment, it is not as comprehensive as day trading strategies. This is a disadvantage for investors who are interested in long-term investments and want to build their portfolio over time.
Terrible Customer Service
One of the biggest red flags about Stock Navigators is their poor customer service. Customers have complained about not receiving services they paid for and having difficulty getting refunds. It’s important to make sure you’re comfortable with the level of customer service before committing to a course.
Another red flag about Stock Navigators is their hidden fees. Customers have reported being charged for additional courses and services that were not disclosed before enrolling. It’s important to carefully review the terms and conditions before enrolling in any course to avoid unexpected charges.
Inconsistent Success Rates
Stock Navigators’ day trading strategies may not be as successful as they claim. Customers have reported inconsistent results and a lack of sustained profitability. It’s important to be wary of courses that promise easy success, as day trading can be a risky and emotionally taxing activity.
Lack of Interactivity
Stock Navigators’ chatroom may not provide the level of interactivity and support that customers need. Customers have reported a lack of engagement from instructors and difficulty getting questions answered in real-time. It’s important to find a community that meets your needs and provides the support you need to succeed.
When it comes to Stock Navigators and its founder Tom Luong, I don’t believe they’re running a scam. However, it’s important to keep in mind that the majority of new traders end up losing their money, and many never manage to recover their losses.
It’s worth noting that on their website, Stock Navigators promises that their strategies will always generate profits and never result in financial loss. This seems like a tall order since no trading strategy can guarantee a profit every time.
In reality, it’s impossible for Stock Navigators or any other trading academy to have access to insider information. Even experienced traders are vulnerable to market uncertainties that can wipe out their investments in no time.
Ultimately, Tom Luong’s recommendations and ideas can be helpful as you make investment decisions, but it’s important to remember that you’re responsible for bearing the risks of stock trading. At the end of the day, there’s no magic formula for guaranteed success in the stock market.
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