The Main Components of the Best Stock Trading Educational Services:
What makes a great stock trading educational service? Is it a guru focused on showing off his mansion and exotic cars? If you’ve been searching for a quality program to start your trading journey or improve your current position, you know this sort of thing all too well. But that kind of program isn’t putting any money in your pocket, right? It’s simply selling you on some pie-in-the-sky fantasy.
For most people, it’s not about making millions of dollars overnight and spoiling themselves with material items. Those are unrealistic expectations to carry into the stock market. There’s no magic indicator or foolproof system to help you do that. The reality is that it takes time to become a consistently profitable trader and the journey varies from person-to-person. But there are some things that all of the best traders have in common. They never stop learning, have experienced mentors to guide them, and have the Proper Mindset required to be successful. So when it comes to mentorship programs, it’s ideal for them to address all of these critical factors.
Top 3 Stock Trading Mentorship Programs:
Below is my list describing the top three stock trading mentorship programs available out there from my own personal experiences. Public opinions will vary regarding the programs listed and the traders involved with each of them, but it’s hard to deny their legitimacy. Unfortunately, not all members experience favorable results, but you can’t control how each individual person chooses to utilize the services (Blindly Mirroring vs. Self-Sufficiency). Overall, the superiority of these mentorship programs within the stock trading space is directly linked to the expert education, complete transparency, and member results that they consistently provide.
1) Millionaire Roadmap
Millionaire Roadmap is a mentorship service run by Jason Bond at Jason Bond Picks. This service launched in 2015 due to massive demand from JBP members for more intensive 1-on-1 education. Subscribers wanted more than just a daily watch list and the occasional video lesson, so Jason gave it to them. He created a service with much more insight into his daily operations with direct access to him and other highly successful traders. Through daily video watch lists and market wrap-ups, live day and swing trading sessions, a private chat room for MRM clients only, and conferences for in-person meet-ups, the ultimate goal was to create a program capable of producing as many millionaire traders as possible.
Since it launched, multiple members have come forward with their million-dollar success stories thanks to Jason’s program. Most notably, Kyle Dennis and Nathan Bear. Kyle Dennis has gone on to launch his very own mentorship service at Biotech Breakouts, which will be discussed in the next section, and Nathan Bear is currently involved as a mentor within the Millionaire Roadmap program itself.
Nathan Bear overcame a handful of account blowups before finding Jason’s service. In 2015, he lost $40K in the markets and joined Millionaire Roadmap in December of that same year. With the right coaching and motivation, he turned his trading around completely. He made over $275K in 2016, over $580K in 2017, and over $370K in 2018 thus far.
2) Nucleus
Nucleus is a mentorship service run by Kyle Dennis at Biotech Breakouts. He started with a $15,000 portfolio in 2012 and grew it into over $1,000,000 as a member of Jason Bond Picks. Kyle was a profitable trader in 2013 and 2014, capturing $37,000 and $55,000 in profits in those years, respectively. But his profits absolutely skyrocketed when he joined Jason Bond’s Millionaire Roadmap program in 2015. That year alone, he catapulted his results over 1000% from the previous year to nearly $850,000. Recently, he has passed $4,000,000 in lifetime trading profits by averaging in excess of $1M in gains each of the past three years.
Kyle Dennis is a prime example of how education, hard work, research, and the proper mindset can take you where most traders can only dream of. He’s Living Proof that mentorship programs like this can work. Sure, he was experiencing success in the market on his own. But he didn’t make any exponential strides until he came across the Millionaire Roadmap mentorship program. Being a part of that community and involved within that type of environment on a daily basis cultivates self-sufficient, consistently-profitable traders.
Kyle now offers one of the best mentorship services on Wall Street with the best aspect of the program being HD live streaming of his account during market hours. There’s no shortage of live trading, Q&A sessions, and expert lessons all in real time. Members can observe the exact process Kyle goes through for each and every trade from the preparation phase (researching, scanning, etc.) all the way to the execution of specific trades. That’s 100% transparency, which is unfortunately a rarity within the stock trading space.
3) Traders Council
Traders Council is a mentorship service run by Jeff Williams at Penny Pro and Davis Martin at Daily Profit Machine. Jeff and Davis teamed up to create a well-rounded service focused entirely on member results. They each have individual talents that mesh together in a positive way. Jeff is the “stocks” guy and Davis is the “options” guy, so they provide expert education and mentorship in both areas. This service was previously known as Penny Pro Elite and then Penny Stock Millionaire, but launched the new name of Traders Council soon after Davis came onboard as a mentor to better suit what they have to offer. Overall, the program focuses on much more than just penny stocks.
The most impressive aspect of this service is how easily Jeff and Davis have been able to simplify the process of trading for their members. In many cases, subscribers are busy professionals with limited access to the markets during normal business hours, yet they are still able to capture consistent profits by implementing Jeff & Davis’ strategies for less than an hour or two each day. For example, Jeff is currently pursuing a “Small Account Challenge” with a strategy that only takes about an hour per day to execute. At 3pm each day, he begins scanning for potential trades, closer to 4pm he enters only 1 or 2 positions, and then at the open the next day he exits for a profit more-often-than-not. He started with a $5,000 account at the beginning of April, 2018 and now at the beginning of June his account is up to $13,000 (160%). His initial goal is $25,000 on his way to $1,000,000.
In addition to that, Davis offers his options “Trade of the Day” that is sent out via email right before market open. He typically takes the trade himself and closes it out within an hour of market open for profit. He has only had a handful of losing trades with his system so far this year. He provides the exact option to buy (call/put, strike price, and expiration) and many of them end up running over 100% within a day. Overall, it’s safe to say that these two guys are primarily focused on education, efficiency, and profits.
Final Analysis – Which Stock Trading Mentorship Service is Right For You?
I listed the above stock trading mentorship services in no particular order. No one program mentioned is necessarily better than the others. It all depends on you and your individual personality, preferences, and trading style(s). Finding which mentor or two that best suits you is one of the main secrets to success. The expertise, experience, and guidance a mentor can bring is critical to your growth as a trader. Especially if you are new to trading, a quality mentor is an invaluable asset. And even if you are already a profitable trader, the right mentor can take your results to the next level.
|Check Out How Millionaire Roadmap Attracts So Many Students and Creates Millionaire Traders|
|See What Kyle Dennis and His Members Are Up to Now Within the Nucleus Mentor Service|
Just take Kyle Dennis for example. He wasn’t necessarily a struggling trader on his own. He was making a decent income before finding a mentorship service. But once he joined Millionaire Roadmap, his profits absolutely skyrocketed from roughly $50,000 per year to over $1,000,000 per year on average. That’s the kind of uncapped potential the stock market has to offer with the right mindset, focus, and drive. Kyle never relied on chasing alerts from random gurus like most people attempt to do because that rarely works. He chose the appropriate path of finding a community of respectable traders to surround himself with, learning as much as he possibly could from them, and applying what he learned completely on his own. He took control of his trading, his profits, and his life, and now he’s teaching thousands of his own Nucleus students how to do the same. I imagine the end result for him will be many millions more in profits than he’s already accumulated.
It’s Time to Get Serious About Your Trading Results and Find the Mentor That Best Suits Your Personality and Trading Preferences.
Written by Matt Thomas (@MattThomasEST)
Related Pages:
- What is Jason Bond Picks? The Ultimate Review
- Millionaire Roadmap Review & Why Members Pay Thousands Per Year For It
- BiotechBreakouts.com Review – Kyle Dennis Exceeds $3M in Trading Profits
- Kyle Dennis – Doing What No Stock Trading Mentor Has Done Before
- Kyle Dennis Reviews & Testimonials From Members at Biotech Breakouts
I have been doing research on this subject, and for three days I keep entering sites that are supposed to have what I am searching for, only to be discouraged with a lot of scammers calling themselves mentors online and on social media like telegram and whatsapp. I think if I wanted to get started with stock trading I would love to get some kind of mentorship training from the Nucleus service run by Kyle Dennis, I am inspired and encouraged by his returns over the years. I want to precisely ask if there is a training free for starters?
Great question – I actually created an entire post full of free resources for individuals looking to learn from Kyle Dennis. He offers a ton of valuable content through his blog, but of course, his premium programs are much more structured and offer better support. I hope that helps!
These are really the juggernauts of stock trading membership services. These guys put in the effort, hard work and consistency required for one to be able to achieve great results under the mentorship of established stock trading experts.
I find the Traders Council most appealing because I like it when a person tries to recreate their success by applying almost the same strategy that got them their initial success. So, with the way Jeff started the small account challenge and has already recorded cool profits in 2 months, I can easily tap into that strategy.
Another thing is the convenience and time management allowing people who have other full-time jobs to be able to learn something and also apply the trading skills acquired and also record profitable trades. It speaks to me more than Nucleus and Millionaire Roadmap.
Personally, I’m not fond of stock trading, even if I get the greatest mentor. I do not have the time, and I’d prefer to go with value investing for the long-term. Even better, I prefer Index Funds that allow me to follow the whole stock market, instead of trying to beat it.
I will check out each mentorship program further, thank you…I have a question, do they have any plans in the works for offering intraday signals, or, some kind of managed accounts? It’s simply a matter of not having enough time, although I may need to make time for something like this, if i want to change my financial future. I know managed accounts are common in forex,(MAM,PAMM accounts) (copy trading), but I don’t know if it’s allowed in stock trading. It always comes down to ‘who can you trust’.
These mentorship services are educational programs and do not offer managed accounts. The only accounts these mentors manage are their own. What they do on a daily basis is teach members how to scan for potential setups, perform research, and execute trades that fit your own personal risk-reward. They do send out trade alerts to share their ideas so that members who can’t be at their computers all day can keep updated as to what they’re doing, but it’s not a good idea at all to blindly copy these trades in my opinion. That sort of approach rarely, if ever, works out. It’s all about digging into the educational material (video lessons, webinars, Q&A sessions, etc.) and applying concepts on your own, while developing the proper temperament and discipline over time. This sort of approach establishes personal accountability for your trading results and typically provides members with a much higher probability of becoming self-sufficient, consistently profitable traders in shorter periods of time.
I think if I wanted to get started with stock trading I really need some kind of mentorship.
Kyle Dennis seems to know what he is doing and it’s a great thing that he does share his experience with others.
I too find transparency is very important. To look at Kyle’s screen while he works and see the live results must be very helpful for new and intermediate traders.
Of course I’d need the necessary cash to start with. How much do you think is a minimum cash to start with?
Hi Stefan – you make some great points. It’s extremely difficult to find success in the stock market completely on your own. When people try to do that, it typically results in a ton of boneheaded mistakes and can cost them quite a bit of money in losses in the process. It’s typically worth it to join a solid mentorship program, learn from experienced traders who have been in your shoes at one point, and be able to avoid those costly mistakes. Of course some mistakes will still happen – trading is a constant learning process that involves adaptation and discipline. But there’s definitely immense value in watching an experienced, full-time trader who has made nearly $5 million in the markets go through the motions every single day on a live stream. There simply aren’t many traders and/or trading educators out there willing to be that open and transparent about their process and results.
As far as cash required to start, it truly varies from person-to-person and it’s completely up to you. Every single person has their own unique financial situation. But the truth is that it doesn’t take any cash to start learning thanks to paper trading platforms. Many brokerages offer them these days. It’s essentially a demo account that allows you to practice trading strategies risk-free. It’s a great way to log screen time and gain the valuable experience required to ultimately be consistently profitable as a trader. When it comes to trading with a real money account, the consensus amongst most traders is that somewhere in the $2,000-5,000 range would be the minimum. Trading with a smaller account is extremely difficult due to commissions eating into a larger percentage of potential profits. Take care!
Hello Matt. The only trading that I have ever tried out was Binary Options. I am thinking about getting into stock trading, and getting some mentoring myself. Trading is great if you have a great mindset, and can eventually master the market. Thanks again for the info.
This is amazing. I went through the whole article. Out of that three mentorship programs I really like the Nucleus.
Great review on stock trading mentorships. I have always wanted to get into doing my own trading, but I have no clue on how to do it or what’s all involved. I did just sign up for your free e-book to find out what your tips and tricks are.
Would these mentorships be good for someone who wants to do their own personal trading, or is this more for a stock broker who has clients?
Hi Nicki – great question. All of the programs/services listed above are for people who want to do their own personal trading. These mentorship programs provide valuable educational resources like watch lists, research reports, trade alerts, webinars, live trading sessions, and more. Ultimately, each member executes their own trades based on their own portfolio size, risk tolerance, strategy preferences, etc. Every member needs to hold themselves accountable for their own trading results. The end goal is consistent profitability and self-sufficiency.
Awesome to know there are legitimate trading coaches. I wish I could turn back time to when I was still really interested in stocks and find your article again. Back then I was super intrigued to learn more about stock trading and investing but after being scammed so many times and wasting so much money, I got disappointed so I just completely gave up. You should be getting more recognition buddy, you could help a lot more people from falling prey to scammers like how I went through.
I have thought about getting involved with the stock market at times but my interest faded. If it comes back I will check out these mentorship programs. Millionaire Roadmap and Nucleus caught my interest since they grew pretty fast. Just shows having the right mindset and putting in the hard work is essential to success.
Hi Matt,
I have dabbled in the forex and options market over the years and got burned. You know that feeling when you wipe an account out, that is the lowest point because all you do during that week or month gets lost. I have read your post and seen that you have recommended these three mentors. Do you follow any of these mentors yourself? Do you have and mentor recommendations for forex?
Khayyam
Hi Khayyam. Trading losses can certainly be tough, but blowing up accounts is fairly easy without the proper guidance, knowledge, and experience. That’s where solid mentors and programs like Millionaire Roadmap, Nucleus, and Traders Council can accelerate the learning curve and provide the support necessary to develop self-sufficient, consistently profitable traders.
They offer much more than your average newsletter that provides a list of “hot picks”. You get access to a community of extremely serious traders, take part in live trading sessions and lessons, and understand exactly what it takes to become successful at it. The environment allows you to cultivate the proper mindset as well, which shouldn’t be underestimated.
I currently follow all of these mentors – Jason Bond, Kyle Dennis, Jeff Williams, Davis Martin, and more – but unfortunately I don’t have any recommendations for Forex mentors. My personal focus is on stocks and options.
I have heard about stocks all my life I have seen it on television but never understood how it works I guess because I never really give it a chance or tried to understand it but what I do know is that this sort of business can bring a lot of money once you do your homework and study the right way. Thanks for sharing this information.
Trading ha always been something that I have wanted to look into but never really got around to it or knew the proper places to start at, without possibly falling for some almost scams. After reading this though I do hope to look into each of these mentor services to see which one suits me best
It has always been a huge goal of mine to quit my regular job and become a full-time stock trader. But like anything worth having, that is easier said than done. I have looked into mentoring programs about stock trading and investing but they all turn out to be scams and just a waste of time and money. So I am glad I came across this article because it really inspired me to give it another try. I am most definitely going to explore some the programs you mentioned. Great article, very helpful.
Hi Garrett. You’re exactly right. Trading is by no means easy. It typically takes quite a bit of hard work and experience before becoming consistently profitable. It’s much more difficult than most people realize. A lot of people think they can simply rely on being fed “hot picks” from some guru, but that approach just doesn’t work. Mentorship services like the ones mentioned above, on the other hand, focus on showing the entire process of what it takes to trade on a daily basis via live streams of researching, scanning, and executing trades. It makes for a great learning environment to be surrounded by that sort of thing every single day. But simply subscribing doesn’t guarantee success. Members still have to be focused on continuously educating themselves, refining their skills, and evolving their strategies as the markets shift.
I love these mentioned mentorship programs as I have been looking for other means to supplement my current earnings but you didn’t mention the cost of their mentorship or is it free? What is the difference between stock trading and forex trading? Or, are they the same?
Thanks for this piece, I shall come back for more means of financial freedom in this period. I seriously need to add to my regular income. I’ll also appreciate a little summary of how one can start and the minimum money one can use as capital.
Hi Shalom – great questions. These mentorship services aren’t free. They typically cost anywhere from $2,500-10,000 per year, but oftentimes sales will be available at the lower end of that range ($5,000 or less). They’re also “application only” much of the time to make sure applicants are in a position to take their trading to the next-level. Usually that means they have a bit of experience and are ready to put in the work to achieve even better results. They want to make sure that each student they accept is serious about their success and has a good chance of the program working for them. It also makes for a more intimate community of only the most committed traders, so everyone’s attitude is entirely focused on success.
That being said, there are definitely options for getting involved and starting the learning process from each of these mentors at limited or no cost. They all have free email lists you can sign up for to get a feel for what they’re all about. Even their blogs can be gold mines for free education, like Kyle Dennis’ for example. You can find Jason Bond at Jason Bond Picks, Kyle Dennis at Biotech Breakouts, Jeff Williams at Penny Pro, and Davis Martin at Daily Profit Machine. Stock trading and Forex trading are different, and all of these guys are stock and/or options traders. No Forex traders in this mix.
As far as capital required to get started, it’s completely up to you. Everyone’s situation is different and starting portfolios can vary drastically from person-to-person. Some start with as little as $500-1,000 while others have hundreds of thousands to work with. Ideally, the minimum is probably in the $5,000-10,000 range for a couple reasons. Having less than that means you’d most likely have to use a larger percentage of your portfolio on each trade in order to execute any meaningful trades and commission fees will be tougher to overcome. Just as an example, let’s say you start with a $2,000 portfolio and you allocate about 10% of your portfolio into each trade – that’s $200. Commissions from your broker are charged on the buy and sell, and they’re usually about $5-10. That’s $10-20 just for making the trade, so you’re immediately down 5-10% on it. With larger portfolios and larger position sizes, however, the commission fees make less of an impact. Just something to keep in mind. Paper Trading is also a great option for beginners in order to completely protect capital in the learning/practice phase. Hope that helps – take care!