Cameron Fous is a 36-year-old, stock trader and founder of IKNK Traders. He got interested in penny stocks while majoring in finance at Oregon State University. In 2005, Fous made the brave decision to drop out of college and transition into trading full-time. In 2006 he launched thetechnicaltrader.net, a free stock alert service, and blog that attempted to teach people how to day trade.

After a year of offering free alerts to members, Cameron decided it was time to charge for his service. How else was he going to pay off his student loans? In the first month selling stock picks to suckers, he banked an astounding $30,000. Just like Jason Bond, he realized early on it’s incredibly lucrative to make money selling products vs trading full-time. Why bother making $5,000 per month when you can earn nearly five times that amount as a “day trading mentor.”

It’s more accurate to call him an entrepreneur instead of a trader because teaching is how he has accumulated about 70% of his wealth. After nearly a decade of selling DVDs and online courses, I’d estimate Cameron Fous’ net worth to be $2 million as of 2020.

After allegedly profiting $400,000 in two years, Tim Sykes persuaded him to join Profit.ly as a “guru.” Timothy Sykes heavily promoted him as the master of buying breakouts. Their business relationship quickly turned sour and Fous left Profit.ly to take back full control of his business. More than likely he wasn’t happy giving Sykes 20-30% of his sales. Once he left the platform, Sykes was annoyed! He promoted Fous to his subscribers and helped build his brand. There were rumors Tim kicked him off Profit.ly for hiding trades and basically copying his website. Since then they have ‘buried the hatchet’ and moved on.

Strategy

The Fous4 strategy mainly involves technical analysis with a strong focus on reading chart patterns. Cameron looks for ideal setups and waits patiently for all the parameters to align before placing a trade. With the help of stock screeners, Cameron can filter through thousands of stocks to find penny stocks that meet his criteria.

FousAlerts has two training courses to teach you his complete strategies from A-Z. The first course “Fous4”, teaches his core swing trading strategies with limited day trading. He follows four breakout chart patterns he named as; force, revival, survival and gold. In addition, he teaches the fundamentals of risk management, trading psychology accompanied with trade examples. Fous4x2 supposedly covers more advanced strategies for day traders and short sellers. His DVDs are great for beginners to learn the basics of risk management, candlestick analysis, and market psychology. 

According to Profit.ly, Cameron’s average win ratio on trades was 52%. He obviously possesses strong risk management skills as his winning percentage is below the top traders. Cutting your losses short and letting your winners run is the key to success with day trading. Retail traders struggle with discipline, holding onto losing positions or taking profits too early. Newbies find it difficult to accept losing is part of the game. Over the past year, Cameron has added shorting to his game as well.

Pro’s

• The chatroom has experienced moderators such as Robert Millar and Michael Spinosa. In the chat room, Fous alerts his trades live to members so they can follow in real-time. 
• Great for beginners to learn the foundations of stock trading. 
• Seems like a cool guy with a great personality, so it makes it easier to learn. So many financial educators are boring and have zero personality. 
• Massive video lesson library containing hundreds of videos and hosts weekly webinars.
• Frequently offers discounts and free trials to new customers to try out his service. 
• The alerts aren’t biased, doesn’t scalp subscribers and has no connection with stock promoters.
• This guy is clearly winning at life, check out his Instagram account. If that doesn’t inspire you to work harder, nothing will! Maybe you too can make millions teaching others and party on a rented yacht with models. 

Con’s

• His online marketing strategy is obnoxious but clever. He advertises this fantasy digital nomad lifestyle that everyone craves. The average guy is working the 9 to 5 grind while he’s traveling the world making $5,000 sitting by the pool. 
• Appears to be more of a salesman rather than a trader nowadays. He’s more interested in selling subscriptions to fund his lavish lifestyle. 
• The marketing copy is misleading and too aggressive. “See how you can make up to $10,000 in one day following my strategy.” Members join with unrealistic expectations. They expect to make thousands by just copying his alerts. Once they sign up, they realize it’s not as easy as advertised. 
• Some of the reviews on Investimonials appear to be fake. This is a common tactic employed by newsletter owners. If you look at reviews for trading gurus, a lot of them are overly positive. It would be easy to create dozens of fake accounts with different IP’s and write five-star reviews to gain more attention. Also, some guru’s give away freebies to entice members to leave positive reviews. 
• Since leaving Profit.ly he has discontinued supporting their website and trade verification system. There is no evidence to prove he’s a profitable trader.

IKNK Traders

In August 2019, Cameron announced on YouTube he’s retiring from day trading. The main reason behind the decision was to launch a new business. The new venture is teaching others how to make money through launching their own brand and selling digital products. In the meantime, Fous rebranded his company from ‘Fous4 Trading’ to IKNK Traders and Michael Spinosa is now the head trainer. As of October 2020 it appears Fous’ is back trading with more focus on Forex and Crypto.

IKNK Traders Reviews

Trying to find reviews of IKNK Traders online is slightly challenging. TrustPilot appears to be the main source of reviews and so far the feedback has been negative. Out of four reviews
IKNK Traders has an average rating of 2.7 from past students. Four reviews isn’t a large sample size but it’s worth reading the criticisms before deciding to sign up.

Conclusion

Cameron Fous is a talented marketer that is earning a fortune selling products online. While it would be harsh to call him a scam, he does help beginners develop a good understanding of the basics. He needs to become more transparent and verify his trading performance to enhance his credibility. Nothing he teaches is revolutionary and most of the information can be found on the internet for free. Both of his DVDs are quite pricey costing $497 each. They can be purchased on eBay for one-fifth of the price.

Paul Scolardi is a veteran small cap swing trader and CEO of Super Trades LLC. More affectionately known as the “Superman of Stocks”, he mainly trades mainly low float stocks with explosive potential!

What really separates him from the crowd is the ability to find momentum before others which is why subscribers love his alerts and research.

He does post some research on Twitter under the handle @super_trades to his 95,000 followers. Jim Cramer’s TheStreet.com even named him in their list of the top 10 traders to follow on Twitter.

Background

“Superman” Paul Scolardi worked as a CPA for two decades! While working in corporate finance he started trading part-time and now has nearly 20 years experience in the markets.

Working as a CPA definitely gives him an edge when analysing financial statements and SEC filings. His posting style was inspired by Tokyo Joe, an infamous stock picker during the early internet times.

Scolardi started his career posting on thelion.com (a popular stock message board), where he gained a strong following through his track record of picking big winners.

Due to his success trading, Tim Sykes recruited Paul as a guru on Profit.ly to teach his swing trading strategy and how to profit with low-float stocks.

On Profit.ly Paul is currently 4th in overall profits with $8.6 million, ahead of Tim Sykes who has $6.25 million. As of 2021 we estimate his net worth to be $6 million.

2020 was a huge year for Superman, as you can see during the year he made some huge profits. In July 2020, he made $1,546,992 swing trading Power REIT!

Strategy

Paul’s strategy mainly focuses on trading low-float stocks from the long side. The key is finding a catalyst early before the market reacts and entering a trade to profit from explosive upward movement. 

An example of a catalyst could be a strong earnings report or gaining a new contract. Typically these can obscure be companies not many traders are following.

Low-float stocks are those with a low number of shares, meaning it takes less buying or selling power to move the share price.

Profit.ly Plans

On Profit.ly there are two subscriptions levels along with a mentorship program – Superman Alerts, Superman Pro and Protege.

Superman Alerts

With the Alerts service you get access to the following benefits:

• Profiding chatroom access
• Daily premarket watchlist
• Email and text message trade alerts
• iPhone & Android App

Superman Pro

The Pro plan includes everything from the Alerts service plus:

• Weekly video lessons
• Video lesson library – thousands of videos to review and learn from.
• Premium research reports
• Earnings tracker
• IPO tracker

Superman Protege

Similar to Tim Sykes’ Millionaire Challenge, Paul has an elite mentorship program for those serious about learning his strategy. Unfortunately, he doesn’t accept everyone.

To join the inner circle you need to fill out an application form and a follow up interview will be arranged. The cost is not listed on the website but my guess it will cost $4,000-$5,000. Very expensive, but worth the cost if you can afford it.

3 types of trade alerts

Day trade – his trade will last from 1 minute to 1 day and is based around current news or specific themes. Sometimes he likes scalp stocks, aiming for $0.10 to $0.50 profit per share long or short. If the trade goes against him, he will usually see right away to minimize losses.

Swing trade – Paul will hold a stock until an event or target range occurs as long as the thesis doesn’t change and it’s not based on technical analysis. He will give subscribers the perceived downside loss risk and upside target range.

Chart trade – all entry and exits are made from the 12 month daily chart. A stock is classified as in play if it closes above the 4 Day EMA and RSI above 70 on the 12 month daily chart.

Patterns

2-3 Day Rest Pattern

The 2-3 days of rest pattern is when a stock that remains above the 4 day EMA and RSI above 70, rests and pulls back. On the second or third day of rest the stock is likely to continue moving upward. He may enter on the second or third day of rest for a trade targeting a move above the most recent high.

Slow Stochastic Pattern

Another chart pattern he likes to trade is the slow stochastic pattern. This is when a strong stock with substantive reason to be higher (earnings, growth, new contract etc.) has dropped for no apparent reason other than the market itself.

These plays cannot have a negative catalyst associated with it. When you pull up a chart you should have the option to add the slow stochastic pattern to it. If you see that slow stochastic is buried below 20 and the stock price has been buried below the 4 day EMA, it is a stock that you need to put on your watchlist when the market is bad.

Some of his BIG Winners

 LIVE – LiveDeal Inc  

ROSG – Rosetta Genomics Ltd                                                                

Successful Students

TriForce Trader (Matthew Owens) is Paul’s top student with nearly $1,000,000 in verified profits in under two years. Matthew began trading with Super-Trades at the beginning of 2014 and enrolled in his Bootcamp to further learn his strategy. He is the perfect student as he is self-driven and has a natural ability for picking stocks. Before joining he lacked the structure to make money with his trading ideas.

@IncredibleTrades on Twitter has made over $450,000 following him and is a chat-room moderator.

@DrMatt30 has made $452,000 and plays an important part as a chat-room moderator.

RedRocketStocks was one of Paul’s earlier success stories but I don’t know exactly how he’s doing now. Back at the start of 2014 he turned $6,000 into $37,000 (a 500% gain).

E.g. of Super Trades Watchlist

Example a watchlist from July 2016 when I joined Super Pro Alerts for 10 months.

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 90,000 subscribers. Despite initial success with penny stocks, Zed turned to day trading less volatile stocks such as Nike and Apple.

Strategies

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.

Net Worth

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
• Etrade
• TD Ameritrade
• Tradestation
• Tradezero
• 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.

Reviews Online

Overall reviews online highlight the fact there’s a mixed opinion about Mr Monopoly. Everyone in his comments section on YouTube thinks 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.

William Karaman is a 22-year-old day trader, entrepreneur and owner of Traders Society, a day trading chat room and educational program teaching beginners how to trade penny stocks and options. Will got involved with the stock market at 12 years old and has spent the last ten years learning his craft.

Will is smart and realises it’s easier to make money teaching instead of trading full-time, let’s not forget selling education is a lucrative business. With all that recurring monthly income, you could easily do over three figures per year in revenue without having to risk capital. Nowadays, Twitter is littered with these “day trading mentors” selling expensive courses despite possessing a limited track record.

Caught Paper Trading?

I first came across young William on Twitter, he had a few thousand followers and was posting some impressive profits. What really caught my attention was when he live-streamed his $50,000 profit shorting AWX. AWX was a stock that was hard to borrow but Centerpoint did have shares to short during pre-market hours. The problem is Will forgot to change his route from ‘MARKET’ to a route that was available. Centrepoint later tweeted out they didn’t offer a route called ‘MARKET’, meaning that it was a paper trade on a demo account. Centrepoint, also tweeted out they were in communication with a lawyer regarding Karaman spreading misleading information about their brokerage.

Old StockTwits Profile

In June 2018, he tweeted out that when he makes his first million he will be buying a certain watch in all silver. This contradicts an old account on Stocktwits from 2016, claiming that he turned $4,000 into $1.4 million in under 3 years. Taking the shady approach of using false claims to build a business.

Poor Customer Service

Below is a screenshot from Will’s discord chat room. Apparently, he got annoyed by a member repeatedly asking to show proof of his track record. Can’t believe this is how Will treated a paying customer who spent $1700 to join his service. I’m more shocked at how someone could waste $1700 when there are so many free resources online!

TV Appearance

Armstrong Williams invited Will, his family and Bjorn Brooks (successful student) onto his TV show. By “invited” I mean he probably had to pay to get interviewed, TV shows don’t normally invite people on for free to promote their businesses. At first, he was giving very short generic answers to questions from the host but towards the end couldn’t stop talking! Mainly they discussed how his strategies work and what it takes to become a successful trader. His sister and Dad talked for about a minute and Bjorn (who looked like he was held hostage) chimed in with some words of wisdom. (Take a drink every time the phrase “history tends to repeat itself” is repeated).

Ending Thoughts

I don’t have anything against Will personally but he does open himself to criticism by aggressively promoting his service online. The kid does have an army of haters monitoring his every move, eager to highlight any of his mistakes. To stop all the hate, Will should simply share brokerage statements to verify his track record. This is the only way he will be taken seriously, screenshots are not sufficient.

What has happened to Will?

Over the last few months Wills life has spiralled out of control. The downfall began after he suffered large losses trading options and built up significant credit card debt. Along with his ex-friend Yanni, Will was evicted from his apartment and at one point was sleeping in a car to save money. Will deleted most of his social media channels but reopened an Instagram account. Based on watching Instagram stories, the state of his mental health is worrying.

On the 30th of June, Will checked in a behavioural hospital/drug rehab clinic for a few days. Behaviour displayed on Instagram make’s it clear he has a substance abuse problem or stopped taking medication for an illness. To make matters worse, Will was recently arrested for stalking. Hopefully jail is rock bottom and he can get his life back on track. Let’s pray his family can get him the help he really needs before it’s too late.

Bulls on Wall Street is a day trading education company set up by Kunal Desai in 2009. Desai is an experienced trader with an estimated net worth of $4 million. They currently sell online trading courses to beginner and intermediate traders. Teaching them the basics of day trading through chat rooms, webinars, video lessons, and bootcamps. Most likely you discovered Kunal through the marketing video below on YouTube, portraying this cool trader lifestyle of him driving a Porsche 911 and showing off his boat. His buddy Cameron Fous and Jason Bond also employ similar marketing tactics to sell subscriptions.

In this article, I will show you exactly what I think about Bulls on Wall Street and give you an overview of the pros and cons of the service. You will learn about their products and whether or not they are scam artists looking to sell overpriced courses to suckers.

What Exactly Does Bulls on Wall Street Offer?

The main program which BOWS heavily promotes is the 60 Day Trader Bootcamp. It is a hands-on training course that shows you 15 different trade setups in live action. Kunal Desai hosts about 4 to 5 bootcamps annually and everything is done live. Nothing is pre-recorded.

60 Day Bootcamp Overview

This course is loaded with tons of material:

• 28 live webinars
• Q&A sessions
• Quizzes & homework
• Daily market recaps
• A real-time trading simulator
• Personalized trade plans
• Access to a personalized student community

Although there is some useful content, it is crazy expensive. That’s probably why the price isn’t listed on their website and you must inquire to find out the cost. It turns out it will set you back a whopping $3000, you can find a cheaper alternative to learn similar information. A good tip is to check eBay as past members often sell courses at a big discount.

They back up this outrageous price by claiming you get the opportunity to watch a millionaire trade live. You could duplicate his success by following the same strategies but they charge a hefty fee and it’s unlikely you’ll recover the costs. They claim you should be able to learn enough to make back your investment with profitable trades.

Bulls Vision: Live Day Trade Alerts

The day trade alert service is called Bulls Vision, which is more practical and for traders with no prior experience. Daily “buy and short” alerts are sent out to help you make better decisions. They also provide a live chat room so you can discuss your trades with other members.

In my opinion, I feel the day trade alerts are the most useful product. With so many educational programs out there, you don’t have to spend a fortune on the basics. The biggest problem starting off lies in a trader’s behavior: knowing when and what to trade.

You can sign up for a monthly plan for $199, avoid purchasing the annual plan for $1449 because after a few months you will learn enough to think for yourself.

Swing Trade Alerts

They offer a newer program called Swing Trade Alerts for those who don’t want to sit at the computer all day. Swing traders hold a position for a few days so you only have to make 2 or 3 trades per week. This is a suitable alternative for the average person who have full-time jobs and can’t follow the market.

The program is taught by Paul Singh, an 18-year swing trading veteran who apparently generates 20% ROI monthly, although Paul hasn’t verified these claims or shown verified profits to back up these claims.

Things I Like About Bulls on Wall Street

One of the biggest benefits to joining is getting hands-on live training from a stock market veteran. Students love his high energy and live teaching methods. You get to know Kunal and talk to him 1 to 1. This is very different from most educational companies that tend to neglect their customers once they’ve signed up and only offer basic support. Customer support is definitely the strongest USP.

New traders could benefit from the live trading alerts. Most people don’t have time to sit at the computer all day and search for setups. A lot of people would rather receive profitable trade ideas via email and live chat rather than doing the research themselves.

Things I Dislike 

Upon doing much research I came across TradingSchools.org review, he calls Bulls on Wall Street a major scam and bashes his Hedge Fund/prop firm Clique Fund. The blogger makes some pretty bold claims, some of which I agree with but he doesn’t have proof to back-up all of the accusations.

I’m not exactly sure how accurate they are, but it does make me wonder about Kunal’s company. He sells the dream of living a rich trader lifestyle, but does he actually back up his claims?

I’ve read lots of positive reviews about his service so this article is the only major blemish. It mainly speaks negatively about the 60 Day Trading Bootcamp, not the swing trade or day trade alerts.

Final Verdict: Sign Up Alerts, Skip the Course

In conclusion, I would recommend skipping the expensive $3,000 Bootcamp because there are too many skeptical claims and slightly negative reviews. Not to mention that $3,000 is a crazy amount of money for a day trading course. It could be claimed that most of the information could be found in books & through free videos on YouTube.

I do recommend signing up for his day & swing trading alerts because this helps you learn exactly how Kunal is thinking, plus gives you actionable stocks to trade. Focus on learning instead of how much profits you are making during the early stages and it’s best to start out with a paper trading account.

I hope Kunal addresses the highly negative article from Trading Schools to clarify the situation. At the end of day, Kunal is a good trader but he’s more of an entrepreneur who makes the majority of his net worth through selling training. If you’re thinking about signing up, BOWS does offer a free trial so you can try it out before spending your hard earned cash.