Starting Balance on January 1 2017: $583.15 and Total Gains as of the end of December 2023: $10,725,261.80 https://www.warriortrading.com/verified-earnings-2024/ He seems to be Killing it everyday. In just 7 years he made more than $10 millions. Now i have three questions : 1-His end of day trading equity on 02/jan/2024 was $116,480, why his trading account so small, where all that $10M gone ? did he buy villa, land, cars and other luxuries ? 2- Is there a law in United state that forbids people from publishing false P&L? 3- If he is consistent profitable, why he still bothers making YouTube video and doesn't trade for large institutions ? Does he even get time for sleep !!
https://www.ftc.gov/news-events/new...isleading-consumers-false-investment-promises "As a result of the FTC’s case, Warrior Trading will be required to pay $3 million to refund consumers and will be prohibited from making baseless claims about the potential for consumers to earn money using their trading strategies." "From 2018 to 2021, the company made tens of millions of dollars selling its programs online." ***Most comments below Youtube videos support Ross. EDIT: ***Watched the video below at x1.5 speed. I'd guess he's not a scammer. https://video.search.yahoo.com/sear...722880c4237d6e0009b127cb544b460e&action=click
We have (had?) free speech in the US.... one can publish anything they want. It is however, illegal to publish false information when it's to deceive the public for money... (unless you're Big Pharma or the Federal Government, of course).
I'm a newbie trader and trying to learn the ropes. I have been following his videos online and refuse to buy into any education programs on trading that costs $1000s. I don't have much and trying to make some profit on what little I have. I did hear him state that his profits are independently audited. By whom I do not know. I do take any advise with a grain of salt. I also googled him and found he was investigated and fined by the FTC for making claims he shouldn't have. https://www.ftc.gov/news-events/new...isleading-consumers-false-investment-promises I think most successfully traders move into education about trading hoping to make even more money. Ross did state in one video, he also invests in real estate properties. I do think his advise in the videos he has posted seem sound. However repeating it consistently is definitely an art.
At 3:00 Timestamp of this video he says trading for roughly 8 years only and this basta** has done over 2,400 YouTube videos, where the hell does he finds any time to do any research and build a strategy around them ?!!
unless audited by a 3rd party legitimate auditing firm - come on how gullible do you have to be to not know this. duh....
if his programs made tens of millions of dollars, so then why pay $3 million fine only? does it mean he made people lot of money !