Are you looking for a review of Swag Academy? Should you join the trading course to make money?
I have a passion to help people explore money-making opportunities online. Over the years, I have reviewed many programs like Swag Academy.
In the past week, I have done thorough research about Swag Academy so I can tell you more about it.
As a disclaimer, I’m not affiliated with Swag Academy . It means I’m not paid to write this review. So you can be sure that my words are unbiased.
At the end of this review, I’ll also tell you a better alternative that has enabled me to make a full-time passive income online.
In this Swag Academy review, I’m going to cover the following.
What is The Swag Academy?
Chris Williams, who founded Swag Academy, has been in the retail industry for about seven years. In order to earn some extra money, he started day trading. After some time, he decided to give up his academic and sports activities in favor of a career in trading.
Chris Williams “learned” trading during his time on Big Brother.
Now we have a reality star who’s become a Forex trader.
Swaggy C claims to be a highly profitable trader who makes over a million dollars a year. Then he released a training program to help people with less trading experience achieve the same success.
This should be a clear warning sign.
Con artists who claim to make millions in the financial sector abound. To be clear, most multimillionaires also run investment firms. By applying their astute observations, they attract institutional investors and make billions in profits.
They don’t distribute expensive online trading courses. They won’t waste their time doing it because it’s not worth it. Keep that in mind before you spend money on a trading course.
Swag Academy is the result of Swaggy C’s unique, entertaining teaching style and seven years of trading experience. Swag Academy’s informative step-by-step videos aim to simplify the science of trading, whereas most online day trading programs are perceived as overly complex and inaccessible.
Swag Academy has a large following on YouTube and its videos might look familiar if you’re interested in learning day trading. The channel has over 300,000 followers and 15 million video views, making it the leading FX channel on YouTube.
Swag Academy is a training program that combines the channel’s videos with new material, tests and guidelines. A video library of over 130 videos, a thriving user community accessible through a mobile app, in-app chats with other Swag Academy members, and invitations to exclusive learning events and webinars are just some of the highlights.
Who Is Swaggy C?
Swaggy C (also known as Chris Williams) created Swag Academy.
Swaggy C was a reality TV personality before he became a day trader.
He appeared in the 20th season of the reality TV series Big Brother and also appeared on The Challenge. That explains why his YouTube videos have a very high production quality
Swaggy C is very active on YouTube. At the time of writing, his YouTube channel has around 289K subscribers.
Swaggy C says he makes millions in day trading and is confident he will make over $10 million day trading in a single year. However, there is no evidence to verify his claim.
His claim sounds impossible because he doesn’t have many years of experience in trading. Most day traders are very busy because they have to look at the market every second. So it’s weird that Swaggy C has time to create videos and promote his courses.
After all, if Swaggy C really makes millions of dollars in day trading, why would he bother to teach you? So I don’t trust Swaggy C’s words.
How Does The Swag Academy Help You Make Money?
With the help of Swag Academy you can learn to trade foreign currencies (Forex) like a professional.
To trade forex profitably, you need to be familiar with the various buying and selling tactics of the market.
Although learning to trade is challenging, the comprehensive video training and Swaggy C’s insightful insights make the forex market accessible to beginners.
How Does The Swag Academy Work?
Swag Academy’s target audience consists of people who have never traded forex before.
Swag Academy does not charge a membership fee. As a registered user, you get access to many free tutorials on forex chart analysis. Claims to provide a solid foundation for those who want to make day trading a recreational activity.
However, if you want access to all of our premium courses, you will need to purchase a Starter Membership for $499. For traders of all experience levels, GOAT Academy offers four levels of instruction:
- Series 1 (32 lessons): Forex trading is the topic of this lesson. It also explains the basics of trading. This is the right place to start trading if you have no experience.
- Series 2 (31 lessons): In this lesson you will learn to understand the mental side of trading. It also introduces the principles of risk management and mitigation.
- Series 3 (33 lessons): Advanced strategies for trading in the foreign exchange market are covered in this section. It goes into more detail about the emotional and mental challenges of trading, as well as the pitfalls you need to avoid.
- Series 4 (38 lessons): This series, the longest in the curriculum, takes an in-depth look at complex areas such as taxation and risk management.
That seems like a whole lot of material. In fact, you have access to almost 10 hours of video lessons.
The program teaches you how to read and interpret candlestick charts, trend lines and price bars. The GOAT Academy also teaches you how to recognize situations, set mental thresholds, and react appropriately. In addition, no currency or stock based recommendations are given as each trader has their own risk tolerance.
The $799 Pro Membership includes everything included in the $39 Starter Membership, plus access to all back issues of the Swag Academy materials.
Lifetime access to Swag Academy materials is included in both the Starter and Pro memberships. Trading professionals only need to download the app.
When you join a group, you can learn from other traders, discuss strategies, find trading signals, ask for advice, and even make suggestions for future versions of the course.
Unlike competing services like Sellfy and Sygnal, The Swag Academy does not allow you to buy or sell trading signals. Members can send their trading signals through the feed of the mobile app, but they are not allowed to resell them to others.
What Type Of Trading Does The Swag Academy Teach?
Those who want to learn about market structures and price movements can sign up for courses at Swag Academy. They help to reduce unnecessary indicators and see the true nature of the markets.
Swag Academy’s Forex Blueprint Overview
Can you really become a successful day trader after taking Swaggy C’s Forex Blueprint? Let’s have a look at the course content first.
Swaggy C used to sell different “series” instead of one course, broken up by skill level. Series 1 was for beginners, and Series 4 was for advanced people.
Forex Blueprint combines all these series into one course. There are over 100 videos teaching you trading, psychology, risk management and taxes.
In total the training lasts for around 10 hours only. So I wonder if you can become a professional day trader in just 10 hours.
Here’s a breakdown of Forex Blueprint course content:
- Series 1 (32 lessons): Series 1 is just an introduction of forex. If you have no idea about forex, this series can benefit you. Swaggy C also teaches you some very basic forex strategies, which however do not work in reality.
- Series 2 (31 lessons): Series 2 is about risk management and trading psychology. Swaggy C will talk about when the enter and exit the trader.
- Series 3 (33 lessons): Series 3 continues to explain trading strategies and include some psychology stuff.
- Series 4 (38 lessons): this series is supposed to be a more advanced training. But Swaggy C only covers the taxes and risk management stuff, which cannot help you make more money.
Cons and Complaints of The Swag Academy
1. Can only learn the basics
Swag Academy is not the place for you if you already know the basics of forex trading. It’s all elementary; you probably know it all already.
In reality, there are only two levels of complexity in this series, although the impression is that there are four. Not even close to being worth the $499 asking price.
2. It’s overpriced
For $499 you would expect much more information, but the course only lasts 10 hours. Spending more than a dollar a minute for information you can find elsewhere for free on the Internet is excessive.
3. You can find cheaper alternatives
I have no doubt that you got your knowledge about forex trading from the internet. If that is the case, then you can save yourself spending $499 on this training. All the material, including the pictures, is available for free on the Internet.
4. Misleading Claims
Swaggy C claims to make tens of millions of dollars annually from trading alone. He has yet to provide any evidence that those millions are the result of trading, so I seriously doubt it.
Given his celebrity, I do not doubt that he has other sources of money. To say that trade is not a significant contributor to his income is an understatement.
Pros of The Swag Academy
Quickly Mastering the Fundamentals
Swaggy C can help you if you’re new to trading and don’t know the phrases or situations at all. He’s able to break down complex ideas in a way that even the average person can understand.
His popularity stems from the fact that his audience can easily relate to him, which allows for faster comprehension.
Who Is Swag Academy For?
Swag Academy claims to be for anyone who wants to go from beginner to expert in Forex.
That is not true because the training is very basic. It’s just a beginner course.
Swaggy C’s presentation skill is quite good and clear, but he cannot teach you advanced trading strategies to make money. If you only know the basics, you can hardly make any money in the market.
Swag Academy Pricing
Swag Academy’s Forex Blueprint is not cheap. It costs $499. It’s not worth it because the training is too basic.
If you are paying for $499, you should expect to get a more comprehensive course that can help you become an advanced trader and make money. But in Swag Academy’s Forex Blueprint, most of the information can be found online for free.
The Swag Academy Discount
We regret to inform you that The Swag Academy does not currently offer discounts.
If you don’t like the course, there is a refund policy. You can get back the money within 30 days as long as you have not watched more than 10% of the course. But in my opinion, 10% is too strict, most courses allow at least 20%.
Positive and Negative Feedback From Students of Swag Academy
- Swaggy C explains trade in a lively and entertaining way. He knows how to break down complex topics into easy to understand chunks. Even when he addresses technical topics like risk management and technical analysis, you will not hear a lot of jargon in his videos.
- Since each video is only a few minutes long, it’s easy to consume. The entire course is about 10 hours long, making it ideal for weekend viewing.
- Swag Academy community members are interested in technical trading. Experienced traders can still teach you a thing or two. Keep in mind that some traders will give incorrect trading signals.
- The training is fundamentally sound because the course author is NFEC registered. You will not learn anything questionable. You will learn how to trade legally and correctly.
- Instead of paying a monthly membership, you only have to pay once for lifetime access to the training modules. If you decide the course is not for you, you can get a refund.
- Swaggy C makes misleading claims about how much he makes in day trading. It’s not possible for him to make $10 million in a year and sell a course at $499.
- The training is very basic. It’s not possible for you to become a professional day trader and make a decent amount of money.
- The refund policy is not good enough as you can only watch 10% of the course.
- The course is overpriced as there are cheaper and better courses out there
- Most information taught in the course is not unique and can be found online for free.
Is The Swag Academy A Scam?
I cannot say Swag Academy is a scam. Swaggy C does teach you the basics of day trading. However, since the course training is too basic, I don’t think you can make money by just following the course.
Moreover, there is a red flag that Swaggy C makes unrealistic claims about the money he makes from trading. He is probably making much more money in selling courses than trading, because he devotes most of his time uploading YouTube videos and promoting his course.
Investing in forex or stocks is risky as the trading market is very volatile. No one, including Swaggy C can accurately predict the ups and downs of the markets.
So it’s not possible to make a lot of money by simply following Swaggy C. There are lots of factors you have to consider in trading.
The Swag Academy Review: Final Verdict
If you know nothing about forex trading, Swag Academy’s curriculum can help. There’s nothing wrong with the teachings of the founder. When he speaks, you listen to him because his ideas are so easy to understand.
However, the $499 annual membership fee is excessive for the value of the training. You get several hours of videos explaining the basics of trading. Contrary to what Swaggy C claims, this won’t make you a professional trader in the Forex market.
If you’re serious about learning Forex trading, you can find better and cheaper courses online. For example, the Forex Trading from A to Z course on Udemy costs less than a hundred dollars. DailyForex FX Academy is one such resource that doesn’t cost a dime to use.
Books on trading can be borrowed from the library for free, and professional traders sometimes maintain YouTube channels that are equally informative. Before you spend money on a course, do some background research on the instructor and check out their promises.
If you want to build a sustainable online business to make passive income, I have a recommendation for you in the next section.
Is There an Easier and Better Alternative to Swaggy C to Make Passive Income?
Although trading is one of the most popular ways to grow your wealth, the market is unpredictable.
Only God knows when the market price will rise or plunge. You may be able to make some money in a few attempts, but lose it all in the other attempts.
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