The VIP Trading Program by Maurice Kenny is an extensive coaching program for day trading. This course teaches how to become a 6-figure day trader using Maurice's exact trading strategies. There are video lectures, private and group coaching sessions. It covers how to analyze the stock market, and ideal trading schedules.
The VIP Trading Program reviews are a mix of positives and negatives. Some credit their success for the guide and help of the coaching program. While others said the program is a scam and too pricey for its content. Day trading is a fast-paced approach to financial markets. You buy and sell securities within a day. This volatility made 4 out of 10 traders quit within a month of trading, Tradeciety reported. And Big Data studies showed 97% lose money in 2 years.
In this VIP Trading Program review, we’ll cover what is inside the program, who is its creator and who the program is for. We’ll also list down Maurice’s 10 tips to be a full-time trader. At the end, we’ll also introduce a much safer investment option than day trading.
VIP Trading Program Pros and Cons
Pros
Personalized Coaching: You’ll get a personal coach you can call once a week. There are also group sessions.
Student Testimonials: There are 692 video testimonials from the website.
Screening Process: There is a thorough screening process to ensure you’re fit for the program.
Experienced Trader: Maurice Kenny is a successful and experienced trader.
Cons
Undisclosed Price: There is no definite price for the program, but it’s a 4-figure investment.
No Refund Policy: VIP Trading Program does not offer refunds.
Maurice Won’t Coach You: There is no direct interaction with Maurice.
Time Commitment: It’s a 10-week commitment to study hours of content, accountability and coaching calls. Unless you’re ready for that, this is not for you.
Negative Reviews: You may also find some negative reviews online, on Trustpilot and on Reddit.
Price
The VIP Trading Program costs around $1,000 to $7,000 as per student reviews. The cost depends on available slots and your specific needs or goals.
Refund Policy
The VIP Trading Program has no refund or cancellation policy.
Origin
The VIP Trading Program was created in 2021.
Group
The VIP Trading Program has a private group in Slack.
support and resistance isn’t new and it doesn’t work for me. but MK doesn’t like modifications in the strategy. i modified mine and that’s when results improved.
10 Pro Tips to Become a Full-Time Day Trader
What’s Included From Maurice Kenny’s VIP Trading Program?
Free Webinar: How To Trade Like The 10%
Who is Maurice Kenny’s VIP Trading Program for?
Maurice Kenny’s VIP Trading Program is for novice and experienced traders. It’s a personalized coaching program so they will work to fill the gaps in your trading knowledge. It is also for stock and forex investors looking to diversify their portfolio by day trading. The VIP Trading Program’s goal is to help you leave your 9-5 job and be a full-time day trader. They also aim to help you make $10k per month, and eventually a 6-figure day trader.
How to Join the VIP Trading Program
Maurice Kenny’s free webinar, How To Trade Like the 10% is a must. Maurice emphasizes this to make you familiar with his trading strategies. Through the webinar, you can determine if you're comfortable with his trading methods.
The pre-interview call will determine if you’re fit for the program. One of their coaches will tell you the details of the VIP Trading Program. The trading software you need, and minimum capital investment will be discussed. The coach may also ask questions about the trading strategy from the webinar.
If you’re qualified, they will discuss with you the fees to join the program. They will also set up your VIP account and other access you need for the program. Again, the fees will depend on your specific needs and goals.
Are the Students of Maurice Kenny’s VIP Trading Program Successful?
There are hundreds of video testimonials posted on his website and YouTube channel. You can also find a video on the homepage that featured 35 successful students. The website claims these VIP Trading Program students earn $10,000 and/or win 70% of all their day trades.
Nick and his wife have experienced day trading before taking the VIP Trading Program. According to them, Maurice’s strategy is simple and easy to follow. They didn’t have to deal with complex indicators that are confusing for them.
Sean Joseph from Atlanta, Georgia recommended the VIP Trading Program. Sean said he easily set up his charts and trading platforms. According to Sean, he has an 80% win rate. He also highlighted Maurice’s active involvement in the program.
What Do Other People Say About Maurice Kenny & His VIP Trading Program?
Other people say a mix of positive and negative things about Maurice Kenny and his VIP Trading Program. The program received a 3.1 rating on Trustpilot out of 55 reviews. Jose from the US said the program is worth every penny. The VIP Trading Program helped him make money on top of his full-time job. Jose plans to eventually make day trading his full-time job.
But Bill said the course cost is not justified for its content. According to Bill, it’s not possible for beginners to learn everything in 10 weeks. And it costs more to take more training. According to Bill, it’s bearable for him because he has prior trading experience.
Meanwhile, Trustpilot user Bhanu from the US said there is no education in the program. Bhanu was a beginner and took the program because people said it’s beginner friendly. However, when he joined another group, he learned Maurice’s program didn’t teach him anything. He advises people to get away from the program.
The VIP Trading Program is BBB-certified with 4.85 rating from customers. According to Vance M, the program is detailed and easy to understand. He also mentioned how his coach, JaMario Price, analyzed his mistakes. And fix his bad trading habits.
However, Adbul S dissuaded everyone from joining the program. According to Adbul, Maurice Kenny doesn’t help as advertised. Maurice is not active in daily chats, and doesn’t share his trade ideas.
Is Maurice Kenny’s VIP Trading Program Worth it?
Maurice Kenny’s VIP Trading Program is worth it if you're willing to invest a lot of time and money. You will need extra $3,000 on your trading account to get better results. This is exclusive of the joining fee. Although Maurice Kenny has a thorough screening process to see if you’re fit with the program. It will help deter you if you’re not mentally and financially capable for the meantime. For beginners, my recommendation is to start small and take advantage of his YouTube videos. If you think you’re comfortable with his strategies and analysis, then this program might be for you.
Who is Maurice Kenny?
Maurice Kenny is a professional day trader, speaker and educator. Maurice graduated from University Houston-Downtown in Spring, Texas. He got a bachelor in Business Administration major in Management Information System. So, before he started day trading he worked in the IT industry. In 2016, he worked as an IT program manager in Hewlett Packard Enterprise. Then, he worked as IT Director in SThree for 2 years.
However, because he keeps getting laid off, Maurice reevaluated his career choices. Even though he’s working 50 to 60 hours per week, he was losing his job. Maurice decided to work for himself. 5 years later, Maurice became a successful day trader, speaker and educator in his mid-20s. He became a CEO and was featured in several publications. The American Reporter, California Weekly, Stats Globe, Seekers Time, and Tricity Daily are some of them.
Maurice now has more time with his family, running his business for only 10 to 20 hours weekly. He launched MK University, his educational platform in 2021. And recently started MK Equity Partners, an investment company for coaching and consulting companies. He’s living in Spring, Texas.
What is Investor Academy?
Investor Academy is a complementary course only available for VIP Trading Program students. It teaches swing trade, and aims to help students make money while they sleep. It includes a small group coaching, 8 hours of content and trader psychology analysis. Students can also have 5 group calls and optional 1-on-1 personalized coaching. Investor Academy is a 5-week course.
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Is Day Trading a Profitable Way to Make Money Online?
Day trading is a profitable way to make money online if you’re already experienced and have an edge. According to Tradeciety, only 7% of traders remain active after 5 years. They manage to stay profitable after developing skills and strategies for themselves. So, they can now do it as a side hustle.
Almost all of reddit agree that you’ll lose money in the beginning. Redditor bobbyv137 advised young interested students to invest 1-2 hours a day learning trading for a year. According to him, trading prematurely is the most common mistake people make. Reddit user, stuauchtrus, agreed to this and said it’s like college. It takes years to be profitable.
Redditor Weaves87 added that it takes a certain obsession to do trading. According to him, he works 10 hours per day consuming information for trading. And it takes genuine interest in economic price and group psychology to still continue after a big loss. He also said it takes 2 to 5 years to be profitable.
Local Lead Generation: Safer Investment than Day Trading
Local lead generation is a safer investment than trading because it has low capital requirements and high success rate. The biggest risk of trading is the huge money it takes to start. According to the Financial Industry Regulatory Authority (FINRA), pattern day traders should maintain $25k in their accounts. You need more to actually trade. All that for an 80% failure rate.
With local lead generation, you only need at least $500 to create websites. And these websites lead people to local businesses. You rank the sites on search engines using local SEO so you don’t pay for ads. Local lead generation also has a 35% success rate which increases the more websites you create.
A tree care site I created years ago only took me 15 hours. After that, it only required minimum maintenance. It becomes a passive income source. The tree care site still generates me $2k per month to this day. And because there are 50+ niches for local lead generation websites, all the websites I own earns me $52k per month. So, especially if you’re preparing to leave your 9-5 job, local lead generation is the safer option.