Learn Plan Profit Review
Learn Plan Profit is the trading course created by Ricky Gutierrez, a young millionaire YouTube star, trader, and entrepreneur. This may be one of the best selling courses on the market right now. The question is – is it worth it?
About Learn Plan Profit
Learn Plan Profit is the brainchild of Ricky Gutierrez, a young trader from Arizona. Learn Plan Profit’s parent company, Techbud Solutions, offers a couple of courses, but it appears as if the stock trading services are the most popular. So who exactly is Ricky Gutierrez, and what does Learn Plan Profit offer to traders? We set out to review the service and learn more.
Who is Ricky Gutierrez?
Ricky Gutierrez is a young entrepreneur and day trader from Gilbert, Arizona. On his Instagram page, he claims to be the “youngest millionaire in Gilbert, AZ.” Ricky found early success in the world of trading, and he has since turned his company, Techbud Solutions, into an online content powerhouse catering to young entrepreneurs. While the bulk of Ricky’s content is focused on stock trading, he also expands into other entrepreneurial ventures, such as flipping cars and real estate. For the sake of our review, we’re most interested in Ricky’s trading.
I initially became aware of Ricky Gutierrez after seeing a viral video on YouTube that showcased Ricky’s trading profits. That led me to the Techbud Solutions Facebook Group, which is the biggest trading group I’m aware of. The group, which is teeming with Robinhood screenshots from new traders, is home to many who are seeking to emulate Ricky’s strategy by following the lessons he teaches on YouTube and in his premium day trading course.
Ricky has a large audience. At the time of writing, the Facebook group has over 300,000 members, his YouTube channel has over 900,000 subscribers, and his Instagram account has over 180,000 followers.
There’s no doubt that Ricky has done a good job of creating a business out of teaching trading. The question is – is his material worth paying attention to?
I felt inclined to dig deeper to see if Ricky’s strategy was legit or if he was just another YouTube star selling a dream.
What is Learn Plan Profit?
After watching a few of Ricky’s YouTube videos and monitoring the content in the Facebook group, I became curious about the hype. I’m a natural skeptic when it comes to anything “guru-related” in the trading world, so I started diving deeper in. It was easy enough to figure out that Ricky’s free trading videos and the group were designed to help promote his course, Learn Plan Profit. While the course isn’t promoted aggressively, it’s the main product Ricky sells, so it’s clear that his business model is centered around the Learn Plan Profit course.
This seemed like the appropriate target for my research.
There are a lot of overnight gurus who create courses and subsequently make more money from teaching than they do from trading. I have no problem with people profiting from education, but I’m inclined to objectively analyze the quality of the content. The Learn Plan Profit course has generated over $1 million in revenue since it launched, meaning it has sold upwards of 3,000 copies (as previously showcased by ClickFunnels). The Learn Plan Profit website mentions that the discord group has over 20,000 active members, which means the course may have generated upwards of $5 million in revenue. There’s no doubt that this is a popular course and trading group. The question is – is it legit?
Today’s review will focus on the quality of the Learn Plan Profit course in an effort to determine whether or not it is an effective trading course.
|📈 Course Material||Technical Analysis, Trade Management, Swing Trading, Mindset|
|⭐ Discounts||$50 Off|
|✅ Best For||Beginner Traders|
|🙍♂ Key People||Ricky Gutierrez|
Learn Plan Profit Pricing
The Learn Plan Profit course sells for $499 for lifetime access (or two payments of $275). This price is on the lower-end for comprehensive trading courses, and there are none of those sneaky up-sells that you often find in other low-priced trading courses.
I was impressed by the pricing and even more impressed by the fact that Ricky doesn’t tirelessly peddle the course to his “free” audience.
Learn Plan Profit Coupons
Coupons are available from time to time, but there are no ongoing discounts. Your best bet at finding a coupon is by watching Ricky’s live videos where he will sometimes share a limited discount on the Learn Plan Profit course. Currently, the best deal is $50 off, which you can claim using the link below.
Learn Plan Profit Course
The Learn Plan Profit course is designed to be a comprehensive trading course for beginner traders. The course features over 70 videos that total 7 hours of viewing time. The video formats switch between live-recorded videos of Ricky talking and screen recordings where Ricky discusses different trading strategies.
When the course was first released, it followed a sequential flow that looked something like this:
- Mastering the Market
- The Mechanics of Trading
- Indicators and Best Practices
- Mindset for Success
- Swing Trading
The course has since evolved and Ricky Gutierrez reworked the course material into a new course called Learn Plan Profit 2.0.
Learn Plan Profit 2.0 is a much better organized version of the course that serves as both a curriculum and a resource. You can watch the course straight through to master the coursework, and you can also return to specific sections in the future as you want to refine specific trading skills.
While you can technically take this approach with any course, Learn Plan Profit 2.0 is organized in a way that makes it easier to find the content you are looking for. It features 12 main sections, each with short videos that don’t exceed 5 minutes. Here are the sections:
- Welcome (Getting Started)
- Basics of Trading
- Order Types
- Swing Trading
- Day Trading
- Short Selling
- Trading Strategies
- Risk Management
Let’s take a look at each of these sections to see what is covered.
Welcome (Getting Started)
The welcome section explains the course and provides traders with instructions to access the Learn Plan Profit Discord channel. The Discord channel serves as a day trading chat room and a place for additional support.
This section provides a basic introduction to stock brokers and explains how traders can get set up with a Webull account (Ricky’s broker of choice).
Basics of Trading
Basics of trading covers some of the most basic trading concepts. If you’ve been trading for at least a few months, you are probably familiar with most of these, however some of the videos can serve as good resources to refresh your memory (and maybe learn a few more things).
There are over 20 videos in this section, so I won’t list them all, but key lessons include:
- How much money you need to start trading
- Paper Trading
- Identifying your trading style
- The PDT Rule
- Tracking your trades
- Mergers and Splits
- and more
If you are new to trading, it may be overwhelming to watch all of the videos at once (and you don’t need to learn all of these concepts right away). This section is better used as an ongoing resource, like a better version of Investopedia.
This section covers basic technical indicators that are popular amongst traders. Ricky explains how the indicators work and provides examples with video charts. Some of the indicators discussed include:
- Moving Averages
While there are plenty of online resources that explain how these indicators work, Ricky does a good job of explaining them simply and showing how they are used with actual chart examples.
This section explains six popular stock market order types:
- Market Orders
- Limit Orders
- Stop Loss Orders
- Stop Limit Orders
- Trailing Stop Orders
- OCO Bracket Orders
Ricky explains how the order types work and when traders may use them. He also provides some tutorials for how traders can set up these orders in Webull.
This section provides a basic introduction to swing trading. Swing trading is the process of buying and selling stocks over a few days, weeks, or months. In this section, Ricky explains what swing trading is, how to identify potential swing trading setups, and three examples of swing trades.
This section provides a basic introduction to day trading. Day trading is the process of buying and selling stocks in the same day. In this section, Ricky explains what day trading is, how to identify potential day trading setups, and three examples of day trades.
This section provides a basic introduction to investing. Investing is the process of buying and selling stocks for the long term (multiple years). In this section, Ricky explains what investing is, how to identify potential investment opportunities, and three examples of investments.
This section provides a basic introduction to short selling. Short selling is the process of selling high and buying low (the opposite of going “long” where you buy low and sell high). In this section, Ricky explains what short selling is, how to identify potential short setups, and three examples of short trades.
As you may have noticed, the past four sections follow the exact same format, and each provides a very basic explanation of the trading style (swing trading, day trading, investing, and short selling). While these sections are brief and straightforward, they do a good job of helping newer traders understand some of the trading styles they can use in the markets.
While previous sections are primarily focused on stock trading, this section introduces ETF trading. ETF’s (or exchange-traded funds) are similar to mutual funds. ETFs are generally used to trade ideas based on a theme instead of an individual stock.
For example, if you wanted to trade oil, you could trade an oil ETF instead of identifying a specific oil company. If you wanted to trade gold, you could trade a gold ETF instead of identifying a gold company you want to trade.
In this section, Ricky explains what ETFs are, how they work, and how to find ETFs to trade. Importantly, he also covers some of the risks involved in ETF trading, which is important for newer traders. ETFs do not trade the same as stocks so it is important that traders understand how ETFs work before trading them.
This section is where Ricky starts introducing some concepts and strategies that are unique to this course. The previous sections can be thought of as “Trading 101.” Ricky explains common concepts, terminology, and trading styles (similar to content you would find on Investopedia or StockCharts.com)
In the “Trading Strategies” section, Ricky starts explaining how you can put all of the previous lessons into action. He discusses the process of planning and managing a trade. Important lessons include:
- How to choose position sizing
- Managing risk/reward
- Scaling in and out of trades
- Profit Taking
- Scaling your strategy
- And more
While these lessons are not as advanced as you may find in other courses, they are well-suited for beginner traders who need a good place to start.
The last section of the course is focused entirely on risk management. Risk is a major part of trading and successful traders are masters at mitigating risk. This section discusses concepts like:
- Cutting losses
- The risk of holding positions overnight
- Dealing with emotions in trading
- The heightened risk of penny stocks
- The importance of discipline
- And more.
Course Analysis and Verdict
Now you know what to expect from the content of Learn Plan Profit. So, what’s the verdict? Is it worth buying?
To answer that question, I’ll start by saying you should check out Ricky’s YouTube videos and join the free Facebook group. From there, you can decide if Ricky’s teaching style resonates with you. With every trading course, you have to remember two things:
- Education doesn’t guarantee success – Trading is difficult, and the success rates are low. A good course helps you become more knowledgeable, which can help you avoid common trading pitfalls. That said, taking a course doesn’t guarantee you will make money.
- Everyone learns differently – Have you ever wondered why most trading services have mixed reviews? The simple answer is that trading is inherently difficult, and everyone learns differently. What resonates with one trader may not resonate with another. The same course can propel one trader to success and leave another disgruntled. This is why we recommend starting with the free content to see if there is a good educator/student fit.
Here are my final thoughts on Learn Plan Profit:
The course itself is well organized and provides a nice combination of basic trading education and unique trading strategies. Ricky seems like a genuine guy, and his course actually contains a lot of legitimate trading lessons. The lessons are coherent and effective, particularly for new traders. While you can find a lot of this information for free on YouTube (a lot from Ricky, himself), the course is well structured and certainly warrants the price.
One of the things you pay for when you sign up for a course is the curriculum itself – the organization of content. The internet is teeming with valuable resources, but they are scattered. While free information exists, you may not always know what you need to learn. For example, there are hundreds of technical indicators and thousands of resources explaining their usage. That said, it’s more beneficial for new traders to know which indicators to focus on and how to effectively apply them. A well-crafted course like Learn Plan Profit organizes this type of content in a sensible, linear manner.
Furthermore, the course can help new traders bypass a potentially expensive part of the trading “learning process.” Gutierrez does a good job of guiding new traders in the right direction. Since Ricky is still relatively new to trading himself, he’s able to explain concepts in a way that resonates well with new traders. This type of education can help new traders avoid costly trading mistakes and set themselves up for success.
Learn Plan Profit is well-recorded and easy-to-follow. This is one of the main selling points of the course. Ricky does a great job at explaining concepts in a way that is easy to follow. On top of that, the production quality is excellent. All of the videos are well-recorded and include screensharing tutorials that make the content easier to understand.
At the price, it’s one of the best courses for trading newbies.
The Learn Plan Profit course is mostly intended for complete newbies. Intermediate-advanced traders are unlikely to learn anything new from this course. Ricky himself is still a relatively small trader when compared to others in the space, and he doesn’t try to hide it. While some gurus tout 4 and 5-figure trading profits daily, Ricky seems to average a few hundred dollars a day (as high as $1,000+). This is good money, but it won’t turn heads in many veteran trading circles.
That’s not to say that profitability and teaching ability are directly correlated. However, Ricky is still relatively young, and his strategies are best fit for other new traders looking to get their feet wet with trading. If you’ve already been through a few other courses, you may prefer an advanced trading course, such as the ones offered by Investors Underground. If you are new to trading and looking for an affordable trading course to get you started, Learn Plan Profit is a good option.
New traders should also keep in mind that trading and investing are very different. Trading is active whereas investing is passive. If you are simply looking for good stock picks, you may want to check out our Motley Fool review. Many new traders think they want to trade until they realize how much work is involved. This isn’t to deter anyone from trading, but beginner traders should have realistic expectations before venturing into the world of trading.
Overall, I was impressed with the comprehensiveness of the Learn Plan Profit trading course. It’s a great option for beginner traders and/or those who haven’t watched any other trading courses yet. If you’re just getting started with a small trading account, this course is a good deal at $499 (even better at $449 with a discount).
- Comprehensive curriculum
- Well-recorded videos
- Simple, easy-to-follow explanations
- Actionable trading strategies
- Relatively competitive price point
- Primarily for beginner traders
- Strategies are not fully “time-tested”