Is Basecamp Trading legit or is it a scam?
In this review, we will learn a good lesson: not everything that looks good on paper is actually good for you in real life.
We’re going to review Base Camp Trading to decide if it really is the best trading course out there.
We’ll talk about whether trading is the right online business for you.
At the end, I’ll answer some of the most frequently asked questions regarding Base Camp Trading and trading in general.
And most important, I’ll show you the exact system I used to build my own internet marketing business to over $40,000 a month in mostly passive income.
This system made me swear off trading for good, because it uses some of the same skills in a much more powerful and profitable way!
Let’s dig in!
I have not seen many Basecamp Trading reviews online. Therefore, the odds are that most individuals reading through the review of Base Camp Trading will like to hear this news.
To begin with, this is a trading institution run by deceptive and A-class Twitter marketers. Second, there are numerous trading items on sale here.
It all costs money.
By the time you check out the workshops, the mentorships, the trading indicators, etc., you’ll have invested a minimum of $6,000.
So, definitely give it some thought.
Base Camp Trading has a lot of worthless trading indicators, educational seminars, and private mentorship.
The original site (ValueCharts.com) used-to be operated by three men: Mark Helweg, Dave Aquino, and Thomas Wood. They’ve re-branded Value Charts to what we know these days as Basecamp Trading.
The founder utilizes the name Drew Day. It’s not really clear if he’s using an alias or not. I do know that most naive traders, hoping to make overnight riches, shouldn’t spend much money on this trading institution just to get a unicorn.
I doubt whether Drew Day or the other men he’s allegedly running this company with are also competent to give investment advice to anybody.
Is the trading information provided at BaseCampTrading really legitimate?
No, not really!
You will find 20 indicators and 32 workshops at BasecampTrading.com. These trading indicators cost you anywhere between $140 and $2,000.
Just when you think you’ve bought all the trading stuff that you need from Drew Day and don’t want to buy any more trading products, Base Camp Trading throws you a curveball and reminds you of all the other information that you can buy through their trading workshops.
The least expensive trading lesson will cost you $7, while the most expensive trading item goes up to $2,000.
You have to draw most of these trading courses and several signs to be a specialist trader.
This landing page (basecamptrading.co) came up on my radar and when I checked it, I learn the trading educator is selling access to a trading room.
They say this typically costs $147 a month though they will let you in for $97 monthly. When I looked into it even further, I also found that Drew Day and his team were charging $7 for 30 days, and after this, they will start charging $97 a month.
In this particular trading room, traders get a chance to access the following:
In order to make it look like it’s worth the money you pay for the program, Drew Day and his staff have published a lot of testimonials from individuals that state they have made money adopting the trades on the live trading room.
Base Camp Trading provides a 30-day trading challenge where students are promised to learn an long list of trading tactics within just one month.
The things they promise here are absurd and are kind of sounding like a marketing gimmick. This is further supported by screenshots of alleged student’s profits. These figures haven’t been verified nor audited by a third party.
All these trading gurus are using fancy titles, making them sound like they are professionals in the topic of trading.
I have noticed titles as
…and so on.
In truth, the main point here is only the bottom line. Very few of these men can confirm they trade and make money on a live broker bank account.
So you have to realize that these fancy titles, as well as snake oil trading indicators, can be a huge distraction.
As the person who investigates and publishes a review this way, I’ll concentrate on the points that matter.
Things like quality of products sold there, trading rooms, evidence of effective live trading, etc., are all at the top of my top priority list.
Inside the trading room, students don’t get performance disclosures. While every one of those individuals says they are full-time professional traders, not a student among them has ever disclosed their trading history.
The initial thing I did in this trading room was to look for actionable info or trade recommendations. I combed through the captured screenshots for this info because there was a lot of talking.
I was actually irritated because the trading moderators kept on talking and not trading.
This sort of hollow conversation just won’t cut it in a trading room handled by an Investment Software Developer, Director of Trading Operations, Hedge Fund Manager, etc.
Thomas Wood of Base Camp Trading was obviously paper trading with a simulated account. A real trade station account should have things like real-time summary, balance, and account number at the bottom part right hand of the screen.
These questionable marketing strategies are deceptive.
Base Camp Trading really should be an education platform for traders with classes and trading rooms, so traders can learn from professionals.
Nevertheless, it lacks some qualities of being a legitimate company.
Its owners state that they’re professionals without any proof, its products lack value, and its trading rooms lack some activity.
In my Base Camp Trading review, I show how these individuals are scamming newer traders. So, I’m hoping my review will help you in creating a better-informed choice about this company.
Base Camp Trading is an excellent example of “never judge the book by its cover.”
The team behind this scam looks well on paper, which will help them in trapping more individuals within their sleazy schemes.
The program is the brainchild of five dudes:
Drew is the founder and president.
He promises to have 16 years of experience as being a hedge fund manager and a speaker. Also, he claims he’s managed over $6.5 billion worth in assets.
He is a CTA (Commodity Trading Advisor), and like him, the majority of the staff looks great on the paper also.
This band of “golden boys” enables Base Camp Trading to persuade people that they will get the value they need.
Unfortunately, the majority of the victims of this scam are individuals that get fooled by accolades and titles.
In terms of delivering performance and results, Base Camp Trading leaves a lot to be desired.
This business is scamming seasoned and new traders alike by offering them useless items along with a trashy membership. Their whole business model is dependent on scamming their customers. Their trading room does not have real pros, their courses have zero worth, and they’ve got inconsistent info and whatnot.
I’ve mentioned all of the questionable aspects of Base Camp Trading in information in the following points:
Base Camp Trading is selling junk to its clients by repackaging it through multiple methods.
If you read through their landing pages, you would be bombarded with many useless products.
They’re providing courses, trading rooms, VIP client assistance, and numerous other things for under $7?
If they can provide a great deal at $7, you really have to consider the quality of the products. And on top of all that, they offer an $897 course along with this membership too.
They claim this program is a must-have for any trader, which is why they’re providing it FOR FREE for their members.
I really don’t buy it.
Otherwise, when they currently sell many classes in their shop, why would they always keep a $900 course at no cost?
It doesn’t seem sensible.
This is where price action happens.
Basecamptrading.com has a trading room that runs from 9 AM to 12 AM. They provide you the option to test this room with their $7 monthly subscription.
However, it only lasts a month, and so they are going to charge you $147 for the whole month. They primarily specialize in options, futures, and commodity trading, so they’ve got two day trading rooms.
Thomas Wood moderates the futures day trading room, while Dave Aquino manages the options day trading room.
The trading rooms all claim assist traders to communicate and learn from other experienced traders.
However, there is no real community here.
Base Camp Trading has trading style programs, their Weekly Outlook, daily trade review and analysis, their private member-only chat room, and a live new member orientation session.
Maybe, but I really doubt it.
They don’t provide services that they claim would.
Now don’t get me wrong…
You can certainly make money with trading, but if you’re gonna put in the amount of grueling work to become a trader (which, trust me, isn’t easy), you might as well bring in some REAL money.
The program that helped skyrocket my online business to $40,000+ per month teaches some of the same trading skills, but shows you how to monetize them in a much, MUCH more profitable way.
Base Camp trading is a scam!
Of course, it’s entirely possible to build a profitable, successful trading business… But there are better ways to build a business other than with trading.
Because unlike Base Camp Trading, it actually provides real proof of real success from real people as recently as a few days ago.
Base Camp Trading is not legit.
But, when it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming a trader, you’ve got way better options than Base Camp Trading.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think trading is a great business model, but you could end up leaving way too much money on the table.
Our review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense, it’s all digital.
Where Base Camp Trading falls short is in scalability.
There’s only so much time in a day and there’s only so much money you have to start with.
Let’s face it, unless you have a lot of money to start with, you don’t stand to make much money by trading commodities.
But what if you could make even more money off of little local websites without having to worry all day about losing your money in the blink of an eye?
With this digital real estate program, you can make recurring monthly income without worrying about losing all your money overnight!
Sound too good to be true?
Of course it does!
But it isn’t…in fact, business owners wish they had this skill!
All you have to do is build and rank a LOCAL website and forward the jobs off to a business owner in town, you could even email it to them!
This works for literally any service based business, tree service, plumbing, towing, etc.
So, after you forward the jobs off to a business owner and he makes some money off of them, you simply ask to make the deal beneficial for each other.
A fair price to charge per lead, depending on the industry is 10-20%…let’s just use the tree service industry for example and go by worst case scenario.
Let’s say you build and rank the site and only 10 jobs a month come in. The average tree service job is anywhere from $500-$2000!
That means at bare minimum you have an asset worth $500 a month!
See why they call it digital real estate now?
That’s a rent payment.
The great thing is how easy it is to scale. You don’t have to worry about the constant and crazy market volatility that cryptocurrency entails.
So, getting back to Base Camp Trading, if you take one of their picks…you could lose BIG TIME.
The course we recommend actually allows you to collect HUGE FLAT RATE DEALS. Truly passive income!
The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.
You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.
Once the training program is completed you will also have access to a Facebook group much better than the Base Camp Trading group in our opinion. This group is much more active.
Unlike Base Camp Trading, where you’re profiting maybe $10 per trade, you could be getting 10-20X THAT.
A business will always want more leads and another job. In fact it doesn’t even matter that the job isn’t coming from their website name…they see it as it is…expanding digital real estate.
Unlike Base Camp Trading, more people have been able to walk away from their 9-5 job as well.
Digital real estate allows you to have passive income with most of your day being spent ENJOYING your money, NOT losing it.
Now, I know you probably have tons of questions…