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Is Bulls On Wall Street legit?
Can it really help you make money trading stocks?
Is Bulls On Wall Street Legit?
With so many trading scams out there, is Bulls On Wall Street legit?
I am not so sure because there are no published verified trading records on their website.
Also, you should know that the majority of traders LOSE MONEY (if not all of their trading capital).
So, if anyone is telling you that they can help you make money trading, you should stay away.
If they can really make A LOT OF money trading consistently, it does not make sense for them to teach other people their secret to trading.
Because as more people know about the trading strategy, the strategy would eventually stop working effectively.
If you had read the book called “Market Wizard” which interviews ALL the legendary traders, you would know how tightly and carefully they guard their secrets to trading strategy while doing interviews.
I don’t see them creating a trading course or program to sell and make money.
What you should know is that a lot of these trading course sellers make the most of their money by selling courses, NOT BY TRADING.
The reason why so many people are still attracted to trading is that there could be easy and quick money occasionally.
When people see that it is possible to make money by clicking a few buttons, they might start to have the illusion that it’s possible to make a full-time income or maybe become a millionaire just by trading stocks.
The hard truth is that most people lose money trading.
One of the proven ways to make money in the stock market is value investing which is investing in great companies at a fair price in the long term.
Bulls On Wall Street Coaches & Trainers
Kunal Desai is the founder of Bulls on Wall Street.
He began trading back in 1999 and has been trading for almost 20 years.
In terms of trading strategy and trading style, Kunal predominantly day trades using momentum-based strategies.
So, what kind of momentum-based trading strategies does he use?
There are two ways to approach momentum trading:
- Technical Analysis such as price action or momentum indicators
- Fundamental catalysts such as earnings or PR news
For Kunal, he mostly trades on earnings or PR news.
Apart from day trading stocks, he is also a cryptocurrency trader and investor where he has capitalized on the new trend of digital currency.
He teaches his crypto trading methods at BullsonCryptoStreet.com.
Paul is the other trading instructor at Bulls On Wall Street.
He has been trading for over 20 years.
During the dot com boom, Paul turned $5k into $200k then lost it all.
But, he didn’t give up and turned another $5k into a full-time trading income.
He was actually the mentor that helped Kunal become a profitable trader and taught him how to trade for a living.
In terms of trading strategies, he uses momentum-based strategies as well.
And in terms of trading style, he is more of a swing trader than a day trader.
As a swing trader, you generally only trade 2 to 3 times a week and hold the trade for days or even weeks.
This is very different from day trading where you buy and sell stocks on the same trading day.
He runs the popular Bulls Part-Time Trader service where he teaches people how to swing trade while holding a full-time job.
Trading Products Offered By Bulls On Wall Street
Live 60-Day Trading Bootcamp
The first 30 days of the Bootcamp focus on teaching you all the fundamentals of stock trading as well as specific trading setups and strategies.
For the last 30 days of the Bootcamp, they will help you apply what you’ve learned and trade the market in real time.
Here’s how it works.
Days 1 – 30: You will have live classes 4 days a week.
Day 30: You will be put on a trading simulator. At this time, you will also begin working on your own trading plan that fits your goals with trading.
Days 31 – 60: You will watch Kunal & Paul trade throughout the trading day, learn their process for creating their stock watch-lists pre and post-market, and also the way they read the market and trade their setups in real-time.
At the same time, you will apply what you’ve learned and start trading on the trading simulator. Also, you will be asked to journal your trades with the trade journaling software they use.
Day 61: It’s time to have your trades reviewed and receive feedback from your coach and the other traders in the community.
So, who is this Live 60 Day Trading Bootcamp right for?
This 60 Day Live Trading Bootcamp is for beginner traders who are just starting out and have never traded before.
Day Trading Room
The day trading room is run by Kunal himself.
When you join their day trading chatroom, you will get direct access to Kunal Desai and their other top traders and trade alongside them.
Here’s what you get as a member of the day trading room:
- Trade Ideas
- Listen daily as Kunal Desai calls out trades, comments on the market, and talks about the stocks he’s watching.
- Trader Screenshare (i.e. you get to watch Kunal’s every move in real-time, as he shares his trading screen with you)
- Join a community of active traders
- Daily Market Recaps
- Market Pulse (i.e. you will get up to a minute understanding of big movers and upcoming news. See how other traders view the market and what’s next on their radar)
- Nightly Trading Watch-List
When you become a day trading chatroom member, you will also get access to their accelerated day trading course with over 20 hours of on-demand trading videos.
Swing Trading Room
They have a swing trading chatroom just for part-time traders, and it is run by Paul who is an experienced swing trader.
For swing trading, you don’t have to stare at your computer screen all the time and monitor your trades because your trades generally will take at least days or even weeks to work out (or close out).
The features of the swing trading room are quite similar to those of the day trading chat room.
- Actionable Trade Ideas
- Live Market Commentary
- Trade Profit and Stop Levels
- Daily Trade Reports
- Daily Stock Watch List
- Group Mentorship Sessions
- In-Depth Market Analysis
- Clear Explanations
- Swing Trade Chatroom
- On-Demand Bootcamp
- Q&A Sessions With Paul
- Bonus: Invitation To Live Event
On top of that, you will also receive Paul’s daily Trade Reports which provide an in-depth view of overall market conditions, current positions, watchlist stocks, and more.
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