Photon Trading is a forex day trading program that claims to help you become a funded trader.
The program is run by a guy named Matt Donlevey.
If you're here I'm guessing you have questions about this program and whether it's a scam or not.
We'll get to the bottom of this in this review.
Additionally, we'll look at some background information and any red flags that I find.
You'll know if Photon Trading is worth it or not by the time you're done reading.
Let's get started!
Photon Trading Course Summary
Creator: Matt Donlevey
Price to join: $799 per year
Do I recommend? No.
Overall rating: 2.5/5
I'm a day trader hater and would never recommend anyone get involved with day trading.
The hours are long and the success rate is less than 1%.
However, if you're dead set on giving it a go Photon seems like a decent choice.
Getting funded is a better option than day trading your own money.
Still I'd avoid.
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The Truth About Day Trading (1% Success Rate)
Day trading really blew up over these last few years but I think people are starting to catch on to how horrible it really is.
Of all the ways to invest day trading is the worst.
There's a lot of reasons why.. here's a few facts about day trading that I think you should know.
99% Of People Fail
The main reason I hate day trading is the success rate is extremely low - lower than most people understand.
Go ahead and Google day trading success rate and you'll see most people say between 5% to 10%.
That's really bad but it's honestly much worst.
The truth is it's less than 1% and many studies prove this.
The reason is it's impossible to guess where a stock's price will be in a few hours.
There's just too many factors that go into a price movement for a stock.
Day traders will try and tell you that technical analysis will lead to success but that's all fake.
Don't take my word for it either - here's what Warren Buffet says about technical analysis:
What Buffet is saying is you can get any answer you want from a technical analysis chart.
Buffett is one of the greatest investors of all time and if technical analysis worked he'd be using it to make money.
There's another Warren Buffet quote that I love:
Day trading is the opposite of passive income and is full time work.
Day trading requires you to wake up very early and be ready when the market opens at 9:30 AM.
You have to put your plan together before this so that means starting work at 7 AM.
If you're on the West Coast you'll be waking up at around 4 AM.
Then you'll be staring at a computer screen making high risk bets until about 4 PM.
If you're going to try to make money through investing try to do it PASSIVELY.
This means investing in long term, dividend stocks or just long term investments.
With these you put your money in now and collect in a few years.
It takes 15 minutes a month to manage and you'll build your wealth without actually working.
During A Gold Rush Sell Shovels
This is another famous quote you should keep in mind if you're trying to day trade.
Basically the people who made the most money during the gold rushes in the past were the ones who sold the gold digging equipment.
So if you sold shovels, tents, tools, clothes to gold miners you'd make a lot of money.
In most cases more than the gold miners themselves.
This is what's happening in the day trading world.
The only people making money are the ones selling courses, making Youtube channels and selling signals.
I'd bet 99% of these day trading gurus don't trade for profit.
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Not Much Out There About Matt Donlevey
The creator of Photon Trading is Matt Donlevey and there's not really a ton out there about him.
So it's hard to say how legit he is or not.
There is something VERY suspicious about his Youtube channel.
He started his channel in 2020 and only has 5 videos.. yet each of those videos have hundreds of thousands of views.
I run Youtube channels and understand how it works.
It would almost be impossible for a channel like this to get these many views with just 5 videos.. and to get 35,000 subscribers with just 5 videos.
This makes me think he's buying subscribers and views to look more legit.
Matt even shows another Youtube day trader reviewing Photon and in the very beginning the Youtuber shows his amazement on how Photon has so many views with so little videos:
So either the Youtube algorthim really blessed Matt or something is going on.
He graduated high school in 2011 but there doesn't seem to be too much background in trading.
Matt apparently traded for RWE npower for 8 months before trading for himself.
RWE npower is one of the biggest gas suppliers in the UK.
So I'm curious why Matt would leave a cushy job like that.
What Does Photon Trading Offer?
You actually get a decent amount with Photon Trading.
Here's a breakdown of what you get:
Zero To Funded Course
This is one of the main things that you're paying for.
The Zero To Funded course teaches you how to trade forex.
There's 10 modules in this course and 66 different videos - altogether there's 26 hours of training.
Along with the training course you get ongoing support an training.
This is done through daily market analysis and trade recap videos.
Additionally, there's live group coaching calls where you can ask questions and get answers.
Also, with your membership you get access to the Discord chatroom.
This ensures you can talk with other traders in real time.
You share trade ideas as well.
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Photon Trading FAQ's
Still have some questions about this course?
Here's answers to any remaining questions you might have about Photon Trading.
1) How Much Does Photon Trading Course Cost?
There's three different price points and they're all fair.
Here's the different prices:
- $799 (Euro) per year
- $499 (Euro) per year
- $299 (Euro) per year
There's similar programs that cost waaaay more than this.
I've reviewed day trading programs that cost thousands per year.
So these prices are pretty good.
2) Is There A Refund Policy?
I looked in the terms and it states they don't give refunds.
This is pretty disappointing and people should be able to get their money back in a reasonable time if they're unhappy.
I typically tell people to avoid any course that doesn't have a refund.
3) What Is The Trading Style?
The trading style you'll learn with Photon is day trading forex.
Forex means foreign currencies.
In my opinion this is one of the worst ways to try and make money.
There's so many less stressful and easier ways to invest money and use your time.
I'd try long term investing or starting an online business before trying forex.
4) Is Matt Donlevey Legit?
I really don't know honestly.
I think it's a good sign that he was an actual commodity trader for a legitimate energy company.
However, he was only there for 8 months.
I wonder if he got fired or just wanted to trade on his own.
Regardless 8 months of trading doesn't seem like it would be enough to start trading on your own.
In the end I have no clue if Matt actually makes real money from day trading.
The odds definitely aren't in his favor.
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Photon Trading Course Conclusion
That's the end of my review of Photon Trading.
I'll never recommend a day trading course because I think it's a horrible way to make money.
To me it really doesn't matter what a day trading course is offering, it's all likely to end in the same way - with you losing money.
I guess if you're going to try day trading trying to get funded is the best way to do it.
At least in this case you won't be gamlbing your own money.
And if you are one of the lucky few to actually become a profitable trader you can branch out on your own.
But again.. there's better ways to invest and make money.
So I personally wouldn't attempt day trading in any capacity.
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I'd pass on Photon Trading.. day trading is just too difficult to make money with.
You're better off learning how to invest in LONG term investments.
This is how the millonaires and billionaires make their money - not through day trading.
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