HighStrike Trading Review: Is This Stock Trading Education Platform Legitimate or a Scam?
When it comes to HighStrike Trading, there are two things that are for sure: 1) it’s a company that is in the business of teaching people how to trade stocks and 2) there is a lot of controversy around it. Some people say that HighStrike Trading is a legitimate education platform while others believe it’s nothing more than a scam. In this review, we’ll take an in-depth look at HighStrike Trading and determine whether it’s worth your time and money.
Who are the people behind HighStrike Trading?
HighStrike Trading was founded in 2016 by two individuals: Michael High and Andrew Strike. High is a former hedge fund manager while Strike used to work as a day trader. The company is based out of New York City.
The two co-founders launched HighStrike because they believe that there is a big opportunity in the stock market for those who are willing to learn how to trade successfully. They also believe that the current education system is not doing a good job of teaching people how to trade stocks.
HighStrike Trading has a team of experienced instructors who provide students with the skills and knowledge they need to be successful traders. The company’s courses are designed for both beginner and experienced investors.
Among the instructors are:
- Ben Zogby: Zogby is a former floor trader and current head of HighStrike’s trading education program.
- Clayton Bell: Bell is a former hedge fund manager and current head of HighStrike’s investing education program.
- Mitch Tuchman: Tuchman is a former day trader and current head of HighStrike’s market research department.
- Steve Weiss: Weiss is a former Wall Street trader and current head of HighStrike’s trading desk.
- Alex Viscusi: Viscusi is a former Wall Street trader.
- Ben Chaffee: Chaffee is a former hedge fund manager.
What do you get with HighStrike Trading?
HighStrike Trading offers two main products: the HighStrike Trading Course and the HighStrike Trading Simulator.
HighStrike Trading Course
The HighStrike Trading Course is a 12-week course that covers everything from basic stock trading concepts to more advanced strategies. The course is designed for both beginner and experienced investors. It costs $997.
The trading course has five modules:
- Module One: Introduction to the Stock Market. The introduction to the stock market module covers topics such as what stocks are, how the stock market works, and what factors affect stock prices.
- Module Two: Introduction to Trading. The introduction to trading module covers topics such as order types, chart analysis, and risk management.
- Module Three: Intermediate Trading Strategies. The intermediate trading strategies module covers topics such as technical analysis, fundamental analysis, and trading psychology.
- Module Four: Advanced Trading Strategies. The advanced trading strategies module covers topics such as Options and Futures contracts, day trading, and swing trading.
- Module Five: Case Studies and Live Trade Library. The case studies and live trade library module includes access to HighStrike’s library of past trade recommendations, as well as case studies of successful and unsuccessful trades.
HighStrike Trading Simulator
The HighStrike Trading Simulator is a virtual stock trading platform that allows students to practice what they have learned in the course. The simulator costs $97 per month.
In order to take HighStrike’s courses, you must first become a member. Membership costs $97 per month or $997 per year. Once you’re a member, you have access to HighStrike’s courses, simulator, live trading room, and support team.
HighStrike Trading offers a 14-day money-back guarantee for both the course and the simulator. If you’re not satisfied with either product, you can request a refund within 14 days of purchase.
What are the benefits of HighStrike Trading?
Some of the benefits of HighStrike Trading include:
- High quality courses taught by experienced instructors.
- A virtual stock trading platform that allows students to practice what they have learned.
- Access to HighStrike’s library of past trade recommendations and case studies.
- A 14-day money-back guarantee.
What are the drawbacks of HighStrike Trading?
Some of the drawbacks of HighStrike Trading include:
- The courses are expensive.
- You have to become a member in order to take HighStrike’s courses, which costs $97 per month or $997 per year.
- The simulator is only available to members, and it costs an additional $97 per month.
Has HighStrike faced any complaints or lawsuit?
HighStrike has not faced any complaints or lawsuit.
What is Options Trading?
Options trading is a type of investment that allows you to buy or sell a security at a predetermined price. For example, you might buy a stock for $100 and then sell it at $150 if the stock price goes up. Or, you might sell a stock at $50 and then buy it back at $40 if the stock price goes down.
Options trading is a risky investment, but it can be profitable if you know what you’re doing. Before you start options trading, make sure you understand the risks and rewards involved.
Alternatives to HighStrike Trading
If you’re interested in options trading, there are several alternatives to HighStrike Trading. Some of these alternatives include:
- OptionVue is an options trading software that provides real-time market data, analysis tools, and educational resources. OptionVue offers a free 14-day trial, after which it costs $97 per month or $997 per year.
- Option Alpha is an options trading education platform that offers courses, webinars, and a trading simulator. Option Alpha offers a 14-day trial, after which it costs $97 per month or $997 per year.
- TradingView is a financial analysis platform that provides real-time market data, charting tools, and educational resources. TradingView offers a free plan and a Pro plan for $19.95 per month.
- OptionsHouse is an online broker that offers commission-free stock and options trading. OptionsHouse has a $0 account minimum and charges $0 per trade.
- Trade King is an online broker that offers commission-free stock and options trading. Trade King has a $0 account minimum and charges $0 per trade.
- Interactive Brokers is an online broker that offers commission-free stock and options trading. Interactive Brokers has a $0 account minimum and charges $0 per trade.
- E*TRADE is an online broker that offers commission-free stock and options trading. E*TRADE has a $0 account minimum and charges $0 per trade.
- TD Ameritrade is an online broker that offers commission-free stock and options trading. TD Ameritrade has a $0 account minimum and charges $0 per trade.
Is HighStrike Trading legitimate or a scam?
HighStrike Trading is a legitimate company that offers high quality courses taught by experienced instructors. However, the courses are expensive, and you have to become a member in order to take HighStrike’s courses. The simulator is only available to members, and it costs an additional $97 per month. HighStrike has not faced any complaints or lawsuit.
If you’re interested in options trading, there are several alternatives to HighStrike Trading that offer free trials, such as OptionVue and Option Alpha. TradingView is a good alternative if you’re interested in financial analysis.
Be sure to do your research before you decide to sign up for HighStrike Trading’s courses. One of the best sources of information is I Buy I Review. We buy online courses and programs and then review them to help you decide if they’re worth the investment.
I buy and review courses so you don’t have to. Sometimes, I even find courses that are legitimate and worthwhile; and that’s how I accidentally came across one that led me to building a 6-figure business in a little under 5 years. Now, I still review courses because it’s my favorite hobby. 🙂 Learn more about me here.