Learn Plan Profit, Stock Trading Course Review
Learn Plan Profit, developed by 23 year old millionaire Ricky Gutierrez.
I found Ricky’s YouTube channel one day while going through my daily feed. He produced quality content, seemed genuine, and was interested in helping a group of individuals looking to grow, so I bought his course known as Learn Plan Profit.
Learn Plan Profit is a beginners course for day trading and swing trading.
The price of the course is $300. Much much cheaper than other programs. Ricky and his team also offer a student and military discount.
What LPP (Learn Plan Profit) Includes:
- Access to the online course (which is about 30 videos)
- Access to the LPP Discord Chat
- Watch Ricky Trade Live Everyday
- Support from Ricky and his Techbuds Solutions Team
I am going to breakdown the value of each aspect of what the LPP course brings to the table.
My Background of the Stock Market
First off, I am no way am able to say that I am stock trading guru (maybe one day!) but I have been actively invested in the stock market over the past 2 years with success.
As stated before, the course is primarily focused on day trading and swing trading. This is not a course for long term investors.
The Course Content
With over 30 videos, Ricky incorporates the ideas of using indicators and trading psychology to promote how he day trades.
The course is broken down into 3 main categories. Learning indicators, how to minimize risk when day trading, and when to make a trade to make a profit.
The indicators you will are going to be learning during the course will be:
- SMA and EMA
- Support and Resistance
These indicators can provide great value if used in the correct manor. Ricky’s videos provide great yet simple explanations giving beginners to day/swing trading an easy understanding.
When I day trade, I actually use most of the indicators mentioned. They can help you identify the direction of the stock and the risk.
Minimizing risk is what day trading is about! What is the opportunity available by taking a position and what is the risk???
Ricky teaches the Golden Ratio: 1:5 (risk 1% loss for 5% profit)
He goes into great depth on this subject and is very valuable information for a beginning day trader.
Stop Loss for Maximizing Profits and Reducing Risk
Above all, Ricky implements a stop-loss in his trading style, being one of the most important tools a day trader can use, this is a must learn.
Because of this tool he teaches, you can minimize your losses and focus on your profits. A stop loss will prevent you from bag holding and letting your emotions interfere, taking your trades to the next level.
As a result of the way he explains it, it will help you identify your potential gains and losses before you take a position. While learning how to use a stop loss is important, it is just one of the many, many tools needed to be successful at stock trading.
Nevertheless Ricky goes over other tactics for minimizing risk as well during the course, so don’t think you will only learn this one.
When to Enter/Exit a Trade
Furthermore in LPP you will learn how to identify when you can enter or exit a trade. Majority of new stock traders enter a position without knowing what they are actually doing.
Initially, they usually see a stock going up, or a pump and dump, and try to jump into a position, until they realize they haven’t set up an exit plan, or even know why they entered it in the first place. This is a big mistake, learn the right way or you will lose money.
Some of the parts of the course about this topic include:
- How to Enter & Exit a Day Trade
- My Indicators & Best Practices
- Bull & Bear Flag Patterns
Day trading is all about when to enter and exit a position. Buying at a low point, and selling at a high point during the same day to keep it simple. Take my advice and form a plan before entering a position.
Access to LPP Discord
If you are not familiar with Discord, it is a chat room service that can be used on computers and smartphones. The Learn Plan Profit Discord Chat is what makes this course a gold mine.
So not only did you learn the basics of how to trade stocks, you get access to a community of over 10,000 plus traders (probably more by now). Inside the LPP discord chat, there are different channels which provide different value for different types of traders.
One of my personal favorite parts of the course, is the community chat. Almost everyone there is willing to help beginners, they are friendly and are from all different experience levels.
THE BEST PART ABOUT THE LPP DISCORD CHAT!!!
The call outs! Get on the discord chat at 6AM and you will see stock call outs from members. In turn you can due your own due diligence and take advantage of the callout. You will make the $300 you spent on the course back if you participate in the chat! I am not telling you to go and invest on others advice, but what I am saying is that you can check out those callouts and see if they are any good (your own due diligence, don’t trade on anyone else’s advice)
Watch Ricky Trade Everyday
In addition to everything you get with LPP, Ricky also goes live every day where you can watch him trade. He supports his community well and will continue to teach you more than just his course has to offer.
Although there is not a lot to say here in the way of words, watching Ricky every morning can definitely improve your own skills.
Support from Learn Plan Profit is great, you are able to contact moderators and Ricky himself. For all that he does, he actually has a great response time. I have gotten nothing but great customer support and his team.
Results from the Community
For all that the Learn Plan Profit course includes, it is a great course for the price, the real deal, no B.S, and perfect for the beginner. Other stock trading courses out there offered are often priced at more than 1,000 dollars starting. Think of 300 dollars as a small price to pay for this course, and as an investment in your education for the beginning of your day trading career.
If you would like to purchase the course, you can do so HERE, through my affiliate link which helps upkeep this blog. If anyone has any questions, feel free to comment below!