Hello and welcome to my review of Stock Profit Pro.
Stock Profit Pro is a new service developed by Jeff Williams of RagingBull.com, who’s a full-time day trader with over 15 years of experience.
And it’s basically a rebranding of his old service, called Profit Prism.
One of the things Jeff is best known for are his “small account challenges” where he takes a small trading account and turns it into a much larger one using his unique skillset. And as part of the membership, you get access to these challenges, so you can see the exact trades Jeff is placing, along with other resources to help you become a successful trader.
To sum it up.. it’s a real, legitimate service that could be worth joining for the right person. But as with anything, there are some drawbacks to consider.
Read on for the full review.
What’s Stock Profit Pro About?
Stock Profit Pro is a membership service provided by Jeff Williams that shows you how to make money trading. As a member, you get access to Jeff’s expert trading insights and trading system. Which includes resources such as trade alerts, a suite of trading education, access to daily live trading video streams and the access to the 24/7 chat room.
Jeff is best known for trading penny stocks, and growing small accounts into large accounts in a relatively short period of time.
What’s a penny stock?
A penny stock is basically just a really cheap stock, each share is priced at typically less than five dollars. So they are smaller, lesser-known companies.
And these are the types of trades Jeff normally looks for as part of his unique trading strategy. Once he finds the trades he likes, he shares these picks with members of his service. From there, you have the option to place the same (or similar) trades within your own trading account.
How Does Jeff’s Trading System Work?
Jeff is a day trader AND swing trader, so most of what you learn as a member, and most of the stock picks you receive, revolve around day trading or swing trading small-cap stocks.
And there’s four main steps involved in Jeff’s stock selection process:
- The share costs less than $5 (small-cap/penny stock)
- The average trading volume is $400k over 3 months
- Over $400,000 worth of shares traded within the trading day
- The stock is up 10% on the day
As a member, you get access to new insights and trade opportunities on a daily basis, so there’s plenty of potential to take advantage of Jeff’s stock picks throughout your membership.
How does day trading and swing trading work?
A day trader is someone who is “in and out” of the trade within a day, so it’s all about capitalizing on short-term price movements. Whereas swing trading is all about placing trades that can last for several days, weeks or even months. So it’s a longer term trading strategy than day trading.
Stock Profit Pro isn’t about blindly following Jeff’s trade picks though.
As a member, you also get access to Jeff’s trading insight and education to help you develop your skillset. And I think this is important if you want to be a successful trader, because you need to learn and develop real skills instead of just relying on someone else’s stock picks.
Recommended: Go here to see my #1 rated stock advisory of 2023
How Much Does It Cost to Join?
The cost to join Stock Profit Pro depends on which membership option you select. The first option is the Platinum membership, which costs $1,999. The second option is the “10X Small Account Challenge Access” option which costs $799.
The main difference between these, is that the Platinum membership comes with a 30 day money back guarantee, while the cheaper option comes with a different kind of guarantee as well as access to Jeff’s “10X Small Account Challenge.”
From what I can see, the $799 membership option guarantees that if Jeff doesn’t meet his “10k goal” with his trading account, which is part of the 10X Small Account Challenge, you get access to his next challenge for free.
What’s the 10X Small Account Challenge about anyway?
The 10X Small Account Challenge is something Jeff Williams has become really well known for over the years. He basically takes a $1,000 trading account and works on growing in ten times larger within a relatively short period of time.
And according to the RagingBull.com website, he successfully made over 1,000% in profits with his small account challenges in both 2018 and 2019.
So he has a track record of doing this successfully. And he shares his trades and how he did it with members of Stock Profit Pro.
At least, you get access to this if you purchase the $799 membership option. Which is kind of an odd setup. Because, unless I’m missing something, you’re actually getting more value by purchasing the cheaper option than the more expensive one.
What Do You Get as a Member?
By joining Stock Profit Pro, you get access to trading education, Jeff’s trade recommendations and other resources to help you become a successful trader, such as chat room access and daily live trading videos.
Here’s an overview of what you get access to:
- Momentum Trade Alerts: These are swing trade alerts from Jeff, that show you the exact swing trades Jeff is interested in and why, so you can decide if you want to follow what he’s doing within your own account.
- Small Account Challenge Alerts: This is similar to the momentum trade alerts, but they relate specifically to the Small Account Challenge I explained earlier. So you get to see what trades Jeff is placing to grow his trading account 10X.
- Daily Video Watchlist: Every stock Jeff Williams is interested in is mentioned within the Daily Video Watchlist so you can see what he has his eye on, and why he is interested in a given stock.
- Education Library: One of the cool things about Jeff’s service is that it’s not just a bunch of stock picks, you also get access to lots of insight. Including step-by-step training and a 10-part charting series.
- 24/7 Chat Room Access: It’s one thing to get stock picks and training, but you’re always going to have questions. And this is where the chat room can prove to be an invaluable resource. Not just for your questions, but also as a place to learn and grow your skills, by rubbing shoulders with other successful traders.
- Daily Live Trading: Each day, Jeff walks you through the stocks he’s watching and the trades he’s placing. He streams for several hours each day, so this is a great resource.
Even though the membership does cost $799 (or almost $2K depending on which option you choose) I think there’s a ton of value here. Not only are you getting access to an entire suite of trading education, for the life of your membership, but you also get hand picked trade tips from a trading expert with a solid track record of success.
Is Jeff Williams the Real Deal?
Jeff Williams is a real trading expert, he’s been trading successfully for over 15 years and works with RagingBull.com to provide trading education to people from all over the world.
He specializes in making money with small-cap stocks (AKA penny stocks) and helping others do the same through his small account challenges, memberships and daily live trading sessions.
Aside from working with RagingBull.com, which is one of the most well-known financial publishing sites online, he also runs a site called PennyPro.com where he offers a similar to Stock Profit Pro called Profit Prism.
As with most financial gurus, not everyone has something positive to say about their service. And I mostly put this down to the fact that not everyone who joins will make lots of money. Which is true for anything really. The results you get ultimately depend on you and the efforts you put into it.
In any case, from what I can see, most reviews of Jeff Williams are positive and people have been getting a lot of value from the insights he shares with folks.
Stock Profit Pro is a membership service provided by Jeff Williams of RagingBull.com that shows you how to make money trading small-cap stocks, through a combination of swing trading and day trading. And you get quite a bit of value as a member.
During the course of your membership, you get access to stock picks, education, live trading video streams, chat room access and more. It does cost between $799 to $1,999, which is more expensive than the majority of similar services, but I personally think the value is there.
On the flip side, I do think it’s important to understand that nothing is guaranteed. I mean, there is a 30 day guarantee in place if you purchase the more expensive Platinum membership. And there’s the guarantee that if Jeff doesn’t grow his trading account 10X during his most recent “challenge” then you get access to the next one for free.
However, that doesn’t mean you are guaranteed to actually make money. You’re not. Nobody can guarantee anyone will profit from any service they provide.
And as with any type of trading, there are risks involved. Just as easily as you could make money trading, you can lose it. And millions of people lose money trading each year, so the chances of losing at least some money are actually quite high.
Hopefully your profits outweigh your losses. That’s what Stock Profit Pro aims to help you achieve. But I do think it’s important to be aware of the potential downside too. That way you are less likely to rush into this, expecting to get rich quick, which is not likely to happen.