Bigshot Academy at Bigshot-academy.com is a trading school that teaches risk management, how to choose the right asset for trading and many more. The trading school is also offering free signals for first time subscribers. Is Bigshot Academy a good trading school or a waste of time and money?
In this review, we will be looking at what this trading school’s quality of training, the experience of other students as well as our opinion regarding the trading school.
The website was created in November 2018, which means it is a relatively new trading school. There is a pitch video on the homepage of the site briefing their audience what they can expect from this trading school. In addition to this, Bigshot Academy claims that traders can earn between $100 to $500 daily, which is a realistic amount of profit. However, this generally depends with the amount which a trader has invested. Wealthy traders can invest a lot and if they have a strong background of trading, they can make much more than the estimated returns of between $100 to $500.
In reality, the sky is the limit for those who want to trade. There is no amount of money you can’t make as a trader. However, the profits you make also depends with a lot of other factors such as experience, the kind of tools you use for your trading and the broker which you are using to trade the Forex market.
When we decided to investigate this trading school, we were not shocked by the claim that Isaac, the presenter in the pitch video wanted to teach his students how to make up to $500 per day. It is completely realistic. So the question should be whether Isaac has a strong background in trading and whether he can prove that he is an expert in this activity. To get an answer, we need to establish what customer reviews are saying about Bigshot Academy.
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Note: If your language is not English, you should use the language dropdown menu at the top of their page to select your language.
The trading school seems to be run by someone who introduces himself as Isaac. Isaac appears to have been trading for a while and has resolved to help struggling traders out there find success. It is however not very clear whether or not he has proof of trading. But the fact that customers are reporting positive results could mean that this guy knows what he is doing and it is just a matter of time before his reputation will be all over the internet.
We must also admit that we are not very familiar with Isaac and so we may not be able to comment on his trading experience just yet. However, we know that there is some potential value that he is offering to students who decide to subscribe for his training sessions.
There is a Facebook widget showing customer interaction with this page. Anybody who visits Bigshot Academy can see what these customers have been discussing about the trading school and so far, the feedback is really positive. We investigated the profiles of these customers and discovered that they had real Facebook profiles. We contacted at least 10 of them with questions regarding whether or not they were learners who had subscribed to the products offered by this trading school. The response was positive since all of them claimed that they were indeed learners under the mentorship of Isaac. When asked whether or not they got good results from this training, they responded that indeed they were seeing remarkable improvement in their trading based on what they were learning from Bigshot Academy.
So definitely we believe that this trading school has something to offer. We believe that customers cannot rate it so highly when Isaac and his team and doing nothing other than collecting subscriber fees.
You need to sign up with your name, email and phone number in order to receive all the goodies that Isaac and his team are promising on their Bigshot Academy website. We had to sign up on the promise that we would receive signals for free. We indeed received trading alerts on our phones together with take profit and stop loss levels. At this point, you may wonder whether or not these trading alerts were helpful. Well, so far we have received 5 trading signals and 4 out of 5 have made us a profit. The last one however did not go as planned.
This trading school piqued our interest because the sales video was quite convincing. They talked about risk management and how to choose the right asset for trading. This also gave us some clue regarding Isaac’s trading style. He claims that with good risk reward ratio, we can approach the market and trade it professionally rather than gambling it.
He appears to be using a risk to reward ration of at least 1:2. He claims that the reason those who use 1:1 fail to get there is because they are always risking what they could earn and if the trade went south, they would suffer the consequence of not leveraging on good risk reward ratio. Is this a sound trading strategy? Yes of course and this is how it works:
Let’s say you want to risk $50 on one trade for a return of $100. That would be a good risk reward ratio because even if you lost this trade and won the next one, you’d still recover your previous loss and add a profit on top of it as well.
One concept that Bigshot Academy teaches is how to choose the right assets for trading. We believe that not all markets are profitable for trading at all time. Therefore, this knowledge is essential in order to establish the kind of markets that will most likely work in your favor. We believe that Bigshot Academy is so good at it which is why their learners are praising the work that Isaac and his team are doing.
You should give Bigshot Academy a chance if you truly desire to learn how to trade specifically by using the concept of risk reward.
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