Zed Monopoly is a day trader and motivational speaker from Dublin, Ireland. Nicknamed the ‘Irish Wolf of Wall Street’, the trader was interviewed by thesun.co.uk in June 2019 where he shared his trading journey. In the interview he claimed to have turned £9,000 into £220,000 in just 9 months by trading penny stocks. To my knowledge the Sun newspaper didn’t ask for proof to verify trading profits but you never know, his story could be true.
The Dubliner graduated from university with a degree in Business Computing and quickly became disillusioned with the normal 9-to-5 grind. The 26 year old ditched his job at Google to become a full-time trader and mentor. The decision appears to have worked out well as his YouTube channel has really taken off over the past few years, quickly building up an army of 70,000 subscribers. Despite initial success with penny stocks, Zed turned to day trading less volatile stocks such as Nike and Apple.
Based on watching some of Zed’s videos, his main strategy of trading earnings reports is simple. Every day before the market opens, Zed reads earnings reports and analysts predictions to judge the potential movement of a stock. Once the market opens, he rides the momentum of a stock for quick profits with trades lasting 5-10 minutes. The psychology behind the strategy is the market typically overreacts to news so Zed can quickly enter and exit trades before the market corrects itself. In theory this sounds easy but it’s difficult to be consistently profitable because you don’t have an edge unless you have insider news on these companies. As well as that, you need a good broker with excellent executions to stand a chance.
Zed Monopoly has an estimated net worth of $400,000. He makes extra income alongside trading from selling courses, affiliate marketing and YouTube ad revenue. Typically stock trading channels on YouTube have the potential to earn decent money because it’s very advertiser friendly. I wouldn’t be surprised if he’s making $5 per 1000 views.
What Broker Does Zed Use?
This has to be one of the most common things he gets asked on a daily basis. To answer your question, here is a list of brokers Zed recommends for day trading:
- Interactive Brokers
- TD Ameritrade
- Cityindex (UK only)
3 In 1 Stock Course – Platinum
Currently Zed sells an online course covering penny stocks, blue chips, swing trading as well as access to his discord chatroom. The price is €295 via Paypal with no refunds available. The only way to buy the course is by emailing him directly.
Overall reviews online highlight the fact there’s a mixed opinion about Mr Monopoly. Everyone on his comments section on YouTube think he’s a legend, others believe he’s a fake trader. On a subreddit about Zed Monopoly, users posted messages questioning his legitimacy as a day trader and that he doesn’t appear to be trustworthy.
Review from a Student
Lewis Crocker uploaded a video to give an honest review of his experience working under Zed as a student. Some people might find it useful but for me it’s very vague and offers limited insight for those looking to invest hundreds of euros into a course. Would be useful if Lewis could provide a more detailed review a few months down the line.
Let us know in the comment section what you think about Zed Monopoly and his stock trading course.