Humbled Trader Review – Is Shay’s Academy Worth It?

Humbled Trader is a brand from a Youtuber called Shay and it focuses on day trading.

She has an academy and a chatroom you can pay to access.

The question you probably have is this all a scam or a legit opportunity?

We'll answer that in this review.

Below you'll find everything you need to know about Humbled Trader Academy including background information, red flags and more.

You'll know if it's worth it by the time you're done reading.

Let's get started!

Don't Get Involved With Day Trading

Day trading blew up the last few years and many people tried to become "day traders."

The problem is most people don't understand how risky day trading is and how few actually succeed with it.

If people really understood the numbers no one would even try day trading.

Here's what you should know about day trading:

Less Than 1% Succeed 

If you do a Google search on day trading success rate you'll see people claim it's somewhere from 5% to 10%.

This is extremely low and should turn most people off but it's actually much lower than that.

The problem is day trading is a full time job and not really something you can do in your spare time.

It requires hours in the morning and hours in the afternoon.

Shay even has a video where she shows her daily routine:

She needs to wake up 4 AM!

So let me ask you a question now that you know this - if you made a couple thousand dollars after a full year of day trading is that a success?

Of course not because you worked a full time job.

In order to be considered a day trading success you need to make more than minimum wage.

Studies that have followed hundreds of thousands of day traders show only 1% can make more than minimum wage.

I promise you it's not worth trying day trading. 

It's so much work and you'll likely lose money.

High Fees

There's another reason why you shouldn't get involved with day trading - the high fees involved.

This is another reason profiting is so hard.

Every trade you make will cost you money and some will cost you up to $100 in broker fees.

On top of that you'll need to pay 28% tax on every profitable trade you make.

If you buy and hold a stock for more than a year you pay under 20%.

And then you have to pay for stock screeners and chatrooms like Humbled Trader.

This is another $1490 per year.

It's just too much to overcome honestly.

There's No Way To Improve

If you talk to any day trading guru they'll tell you day traders fail because they don't have the right technical analysis, the right training, risk management, etc.

But this isn't true at all.

The same studies showing the success rate being under 1% show the more you day trade the bigger you lose.

So it's not really a skill you can improve on and makes it gambling.

If you gambled 10 times compared to 100 times you'd lose less - this is the same with day trading.

Technical analysis isn't a real way to overcome the odds.

Don't take my word for it either..

Here's what the best investor of all time, Warren Buffet, has to say about technical analysis:

The idea that you can just look at price movement and the pattern of a stock and predict the price based on that is ludicrous.

You'll never be able to guess where a stock's price will be in a few hours.

Recommended: Best Place To Get Winning Stock Picks

Shay Is Really Just An Entertainer

In the pervious decades cable news would have investing personalities like Jim Cramer talk about stocks.

However, he's really just a clown and no one that's successful takes him serious.

Now the investing personalities are on Youtube, Twitter and Facebook.

It's extremely profitable to be in the entertainment world and some of the richest people on earth are in this industry.

Over the last few years people have started building brands on Youtube and making obscene money.

I'm talking millions and millions.

A lot of these people are complete frauds and don't actually make money trading.

Is Shay, the creator of Humbled Academy, one of these people?

I don't have access to her trading accounts and don't trust any figures she throws out there.

Many traders have multiple accounts and will only show you the winning ones.

But in the last few years Shay has built herself an impressive brand with nearly 1 million subscribers on Youtube:

With membership fees being $1490 it's very likely Shay is a millionaire from her Youtube and academy alone.

She has 40,000,000 views on Youtube which means $100,000+ in ad revenue.

All she would need to make $900,000 to get to a million is 670 people in her academy.

She easily does that.

Add in the fact it's a yearly charge - she's likely making hundreds of thousands a year and maybe even over a million a year.

She would never have to day trade again in her life.

I can see why people like Shay.. she's comes off sweet and has a nice sense of humor.

But I really think she's just an entertainer that I wouldn't take too seriously.

Recommended: Best Place To Get Winning Stock Picks

What Is Humbled Trader Academy Offering?

There's two aspects to the Humbled Trader Academy offer.

The first is day trading education and the second is access to a Discord chatroom.

Here's a breakdown of both of these features: 

Education

The first part of the academy is 12 hours of education - this is spread out over 133 lessons.

There's 17 different units.

You can expect to learn the following in this training:

• How to set up a broker account
• How to read candlestick charts
• Technical analysis
• Risk management
• Trading journaling
• How to trade small cap stocks (smaller companies)
• How to trade large cap stocks (bigger companies)
• Setting up your trades
• Trader psychology

Additionally, you'll get weekly videos that cover different day trading aspects and quizzes on the educational material.

Access To Discord

The chatroom is held on Discord where a lot of day traders have their chatrooms.

One thing you need to realize is Discord is extremely cheap to set up and is only $9.99 per month.

So there's a lot of profit for Shay to make here.

In the chatroom you can get questions answered and share trade ideas.

Humbled Trader FAQ's

Still have some questions about Humbled Trader? 

Here's answers to any remaining questions you might have about this brand:

1) Is The Price Of Humbled Trader Fair?

I personally don't think so.

It should be obvious by now that I'm not a fan of day trading and don't think you should pay for day trading education.

However, I can understand someone charging a few hundred a year.

But $1490 is just too much in my opinion.

The education isn't anything better than you can find on Youtube and Discord is incredibly cheap to run.

Shay's expenses are extremely low.

Another thing to consider every dollar you spend on Humbled Trader is a dollar you start in the red.

Day trading is hard enough to succeed with without starting $1490 in the hole.

2) Is There A Refund Policy?

There is a refund policy but it's not a good one.

You can only go through the first two modules of the training and you only get 10 days to get your money back:

Anytime there's a refund policy under 30 days you should avoid - that's the minimum for a good refund policy.

3) Is Shay Legit?

I have a hard time thinking any of these day trading gurus are legit.

At the end of the day I personally believe Shay is making WAY more selling her services than day trading.

I'd be surprised is she even day trades regularly any more.

I mean if you had millions would you be waking up at 4 AM to stare at a computer screen for hours?

Probably not.

4) Are There Similar Programs?

Yes there's many day trading programs available online from gurus.

Here's a few:

• True Trading Group
• Wysetrading
• Trade And Travel
• Invest Diva

There's plenty of more out there as well.

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Humbled Trader Conclusion

Humbled Trader is a pretty typical day trading program.

You get the basic education videos that cover basic day trading concepts.

You'll learn about chart reading, technical analysis, risk management and more.

You can find this stuff for free on Youtube or buy day trading books that teach the same stuff.

Plus you get the Discord chatroom - again all typical stuff.

No need to pay thousands a year for this.

That's way too much for a money making system that has a 1% success rate.

Here's A Better Opportunity

I'd pass on Humbled Trader.. if you sign up you're just paying for Shay to be a millionaire.

I'd pass on anything day trading as well.

Long term investing is the only real way to make money with stocks.

The good news is there's still a lot of good places to get stock picks.

I've reviewed all the best places to get good stock ideas.

To see my favorite (which is very affordable), click below: