Stockbee Review – Pradeep Bonde Scam?

Stockbee is a swing trading and day trading community run by Pradeep Bonde.

They have a couple of offers and if you're here you're probably wondering if it's a scam or not.

I reviewed them and below you'll find everything you need to know about these offers including price, strategies, overview of what you get and more.

You'll know if Stockbee is right for you by the time you're done reading.

Let's get into it!

Who Is Pradeep Bonde?

Pradeep Bonde is the creator of Stockbee.

To be honest there's not really too much out there about him.

I researched around and all I could find were some interviews he had done and a Youtube channel that he doesn't post to anymore.

According to Bonde he got his start in swing trading around 20 years and didn't have a ton of money.

Over time he perfected swing trading and now has millions of dollars that he invests.

Stockbee is the community he runs and it's been around for a while.

He also runs a blog on Blogspot that a lot of people like.

What Trading Strategies Will You Learn?

Stockbee is a swing trading and day trading community.. everything that you'll learn revolves around these two strategies.

Both of these trading strategies require buying and selling stocks in a fairly short amount of time.

With swing trading you buy and sell within a couple days or a couple weeks.

With day trading you make trades on the same day.

These two strategies aren't my favorite way to trade and that's especially true for day trading.

Day trading is a risky way to invest and the success rate is very low.

Additionally, both of these trading methods are going to require a lot of time and energy to be successful with.

You sell according to a lot of different factors and in order to recognize these factors you'll need to spend a lot of time reading charts and looking at a computer screen.

This is only really viable for people that have hours a day to dedicate to trading.

Lastly, if you want to make more than 3 trades a week the law requires you to have at least $25,000 in your trading account.

As a swing trader and day trader you'll need to make more than 3 trades a week.

If you make a losing trade and go under $25,000 you'll lose your ability to make trades as well.

So you really need around $30,000 if you plan on swing trading or day trading. 

Recommended: Best Place To Get Stock Ideas

Stockbee Products Overview

There's two main products offered by Stockbee.

The first is a yearly membership to Stockbee and the second is a two week bootcamp hosted by Bonde every few months.

Here's a breakdown of each:

Stockbee Membership ($389 per year)

The Stockbee membership gives you access to the community of Stockbee traders.

Here you'll get a chance to ask questions, get answers and learn about various swing trading strategies.

It's important to note that you don't actually get trade ideas here.. instead you learn about trade setups and methods.

One method you'll see is the Momo Burst where you look for stocks in an uptrend along with other indicators.

Another is the Episodic Pivot and those go after high return stock picks.

Mainly, though, this is a place to meet traders and get help.

So if you're looking to chat with experienced traders and be in a very active trading community this is for you. 

Stockbee Bootcamp ($450)

Every few months Stockbee offers a live bootcamp that's held over Zoom.

There's 7 sessions for this bootcamp and it's held over two weeks.

The core of the training is broken up into 4 modules.

These modules are:

• Module 1 - Make Money Swing Trading: The first module covers swing trading. You'll learn how to use momentum to make money, how to use Episodic pivots, how to time profits, shorting and how to use various tools.
• Module 2 - Working People: This module is for people that have a full time job. You'll learn how to trade and balance your career. Additionally, you'll get instructions on how to manage trades, daily process flow and how to improve your 401k.
• Module 3 - Day Trading: Module 3 covers day trading. Here you'll learn various strategies that will help you be profitable.
• Module 4 - Psychology: The last module covers mindset training. 

Who Will Benefit Most From Stockbee?

There's definitely people that will benefit from the programs offered by Stockbee.

First off, you do need a certain amount of capital to benefit from the training and community offered by Stockbee.

Like I said before $25,000 is the bare minimum legally but $30,000 is the real minimum.

If you make 1 bad trade and go under $25,000 you will be limited to 3 trades a month.

If you have the required capital to swing and day trade you need to take this very serious.

You may be able to successfully swing trade while having a job but I don't think you'll be able to day trade with a job.

It just takes too much attention to succeed with.

So free time is a must.

Lastly, you need to be disciplined to make these strategies.

You'll need to learn how to read charts and indicators and know exactly when to enter and when to exit. 

If all that sounds good to you then Stockbee can work.

What Are People Saying About Stockbee?

Stockbee has pretty positive reviews and most people like their service.

The most common thing people like about Stockbee is the forum and the community.

Many people develop relationships with other traders inside Stockbee and learn more because of this.

The people in the Stockbee community like giving back so it's a good place to learn.

The most common complaint I read is there's too many day traders in the community.

Day trading rubs some people the wrong way because of how risky it is. A lot of people just think it's straight up gambling.

Day trading is a big part of the Stockbee community so if you're not a fan of day trading you'll want to find a different program.

Recommended: Best Place To Get Stock Ideas 

Is Stockbee Worth Its Price?

I think it is.

The membership is only $389 per year and it's definitely worth that.

Being in a community of likeminded people is one of the best ways to be successful.

If you try to do it on your own it will take so much longer to learn effective strategies.

When you're in a community all you need to do is ask a question and you'll get an answer... likely from someone who had your issue and already figured out how to solve it.

That is priceless.

There Are No Refunds

This is a red flag.

Almost all legitimate programs have some sort of refund policy or you get a free trial to test things out.

That's not the case here.

There's a strict no money back policy.

So if you get in there and decide it's not right for you there's nothing you can do to get your money back. 

Recommended: Best Place To Get Stock Ideas

Is Stockbee A Scam?

No definitely not.

There's not much out there about Bonde but he seems legit. Most people only have good things to say about him.

Additionally, it's pretty affordable and the community is full of good traders.

There's definitely a good opportunity to learn from seasoned trading vets here.

However, you shouldn't join unless you have $30,000 to trade.. the methods here require you to make more than 3 trades a week.

Here's A Better Opportunity

Stockbee is a good community but you won't actually get stock picks.. just learn different swing trade and day trading strategies.

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: