About Learn Plan Profit
Learn Plan Profit is a course designed to help beginners learn how to day trade and swing trade. The course is compiled by Ricky Gutierrez and covers everything from trading fundamentals down to specific trading strategies. With over 20 different videos, Learn Plan Profit covers a broad range of material.
About Ricky Gutierrez
Ricky Gutierrez is a relatively young trader and entrepreneur from Gilbert, Arizona. It's unclear exactly how much Ricky has made from trading, but he regularly reports 4-figure profit days on his YouTube channel.
While Ricky initially garnered attention for his trading abilities, he has since launched a handful of other businesses, such as a car flipping course.
Ricky's free Facebook group, Techbud Solutions is home to over 200,000 ambitious young entrepreneurs and traders, and Ricky's following continues to grow.
Today, we will be reviewing Ricky's main info product: Learn Plan Profit.
Let's get to it.
Learn Plan Profit Pricing
Learn Plan Profit is a digital course that can be purchased for $299. This is a one-off fee that grants customers lifetime access to the course.
There are no up-sells, so this isn't a "foot in the door" pricing technique. You can also find the occasional coupon to save $40 or $50 on the course.
Learn Plan Profit Curriculum
Learn Plan Profit is designed to provide beginner traders with all of the information they need to start trading. The course starts with some beginner lessons and foundational principles before moving onto more advanced/actionable topics.
Module #1: Introduction
The first module in the course serves as an introduction to trading. Ricky discusses basic trading principles and methodologies. While this section is rather elementary, it is important for people who have absolutely no experience with trading stocks. It can also help investors with "buy and hold" mindsets better understand the differences between trading and investing.
Here are some of the main topics covered in this section:
- What are penny stocks?
- What is support/resistance?
- How much money do you need to start trading?
- What is paper trading?
- How to choose a broker
- Different trading styles
- What is the PDT Rule?
- And more!
Ricky does a good job of breaking this information down for beginners. If you have any experience in the world of trading, these lessons may seem overly simplistic, and in this section it becomes clear that Ricky's teaching style is ideal for new traders.
Module #2: Chart Studies and Techniques
In module #2, Ricky starts to get to more of the actionable information. Assuming a trader developed the proper foundation in Module #1, it's time to start putting together the pieces of a sound trading strategy.
In this section, Ricky begins to share his views on technical analysis. He shares the main technical indicators he uses and the chart patterns he looks for. Each module includes narration from Ricky Gutierrez as well as screen captures that illustrate the concepts on stock charts.
Once again, this section is relatively basic, and that's really the appeal of Ricky's course. Ricky aims to simplify the trading process so that beginners can have a better shot at success.
This particular module discusses technical indicators like VWAP and simple moving averages. Ricky continues by sharing some of his patterns like flags and triangles.
The module is wrapped up with a lesson on entering and exiting positions. Ricky shares his methodology for finding trade setups, entering positions, and taking profits (or cutting losses).
Module #3: Swing Trading
In Module #3, Ricky introduces the concept of swing trading. This is an important discussion since most new traders won't be able to sit behind a screen an monitor the market all day.
Swing trading is the process of buying and selling stocks over periods of a few days or a few weeks. There are a lot of different swing trading strategies and, in this section, Ricky shares his personal strategy for finding swing setups and trading them.
The module starts with a lesson on scanning for swing trade stocks. Ricky shares the settings he uses to create technical scanners that help him find the best swing trading setups.
Ricky then continues by sharing his "6 Golden Rules for Swing Trading" which cover risk management and profit maximization.
Module #4: ETF's
The last module of the course discusses ETF trading. ETF, or exchange trade funds, are a unique type of equity that allow traders to trade a pool of similar stocks in a specific industry or market. There ETF's that cover specific markets like NASDAQ and the S&P 500 as well as specific sectors like oil, tech, and commodities.
I'll admit, I was a bit surprised to find an entire module dedicated to ETF trading. It seemed out of place with the flow of the course, as the curriculum went from day trading to chart trading to swing trading and then ETFs. That said, it appears that ETF trading is a big part of Ricky's strategy.
In this module, Ricky explains how traders can find the best ETF's and recognize the best patterns for trading ETFs. Ricky explains how ETF trading differs from stock trading and what traders need to know before trading ETFs.
Personally, I still don't believe this course required an entire module on ETF trading, but the information is well laid out.
Overall, Learn Plan Profit is well produced. The course combines screen captures and video recordings of Ricky Gutierrez talking to the camera and sharing lessons.
There are very few custom slides and graphics, but the format makes it easy for new traders to follow along.
Does Learn Plan Profit Deliver?
We always analyze courses on whether or not they deliver on the claims made in the marketing materials.
Ricky's promotion of the course isn't too aggressive. The main claim is that traders can "learn how to consistently grow their trading accounts." It's a bit tricky to decide whether or not the course follows through on this promise due to the inherent difficulty of succeeding in the world of trading.
Learn Plan Profit definitely helps beginners develop a strong foundation. It also provides a lot of actionable trading setups that Ricky uses to take profits from the market. That said, new traders need to be aware of the fact that trading is difficult and there is no foolproof system out there.
When you sign up for Learn Plan Profit, you are getting access to education NOT a guaranteed profitable trading strategy.
Who Is Learn Plan Profit Best For?
Learn Plan Profit is best for people who know absolutely nothing about trading. Ricky does an excellent job of simplifying the course material in a way that will resonate with beginner traders. He breaks down beginner material, explains common pitfalls, and shares actionable strategies.
That said, if you already have a trading foundation, you are unlikely to learn anything new from this course. The lessons appear to be intentionally simple, meaning experienced traders (profitable or not) are unlikely to gain any new information.
If you are completely new to trading, this course is a great starting point. If you've been studying trading for awhile, you may prefer a more advanced course.
Is Learn Plan Profit Worth The Money?
Learn Plan Profit is priced at $299, making it one of the cheaper trading courses on the market. Sure, you can find trading courses on sites like Udemy and Lynda for much cheaper, but we've found the best courses are produced by reputable traders and are generally sold for a much higher price.
It's not uncommon to find trading courses priced at $1,000 and more, and the rationale for this pricing is actually pretty solid. Trading education has the potential to yield great returns. It also has the ability to protect new traders from costly losses. A simple lesson can help new traders cover the cost of a course OR help them avoid a similar loss.
At $299, Learn Plan Profit is definitely worth it if this is the first trading course you've purchased. As mentioned in the previous section, if you have already watched other trading courses, you are unlikely to get as much value out of the course.
Learn Plan Profit Alternatives
While we rate Learn Plan Profit fairly high, there are still many alternatives out there in the finance world.
Let's take a look at some alternatives to Learn Plan Profit:
Steven Dux’s Trading Techniques
Steven Dux's Trading Techniques is an online course focused on those who want to pursue a career in day trading. This course caters mostly to those looking to trade highly volatile penny stocks. You can get Steven Dux's Trading Techniques course for $1,200.
Tim Grittani Trading Tickers
Another alternative to Learn Plan Profit is Tim Grittani's Trading Tickers course. This is a 28-hour long course that focuses on Tim sharing his knowledge of the stock market. You can purchase Tim Grittani's Trading Tickers course for $1,797 (note: at checkout an $800 discount is applied, bringing the total cost to $997).
Learn Plan Profit Final Verdict
Learn Plan Profit is designed for beginner traders who are looking to grow small accounts. The course covers all of the material you need to graduate from complete neophyte to beginner trader status.
- Comprehensive coverage of trading concepts
- Great foundational trading lessons
- Actionable trading setups
- Coverage of both day trading and swing trading
- Fair price
- Information is relatively basic
- Ricky is a newer trader so these strategies haven't been fully time tested
Learn Plan Profit Review
- Course Quality
- Course Comprehensiveness
- Quality of Education
Learn Plan Profit is a day trading course created by Ricky Gutierrez. This is one of the most popular beginner trading courses, with sales exceeding $1 million. Does the course deliver? Read our review to find out.