Hello and welcome to my review of Trading Fraternity.
I discovered Trading Fraternity through a Youtube video featuring a guy named “Josh Answers,” who's basically a trading guru who never shows his face. And many people seem to be asking whether or not Trading Fraternity is a scam, so I decided to take a closer look to find out.
In summary… Trading Fraternity is basically two things:
- A Youtube channel with lots of videos on making money as a trader and;
- A website where you can buy services related to real estate and trading.
And from what I can tell, it's legit. I also think it's fairly unique in that you never have to buy anything to benefit from Josh's insights, most of what you need is free.
Would I recommend it?
Well, the truth is, after reviewing 100's of stock picking services over the years, there's really only ONE service I recommend. It showed me how to 4X the S&P 500, invest better, and grow my wealth – without having a degree in finance. And you can see exactly how it works here.
That said, I do believe Trading Fraternity is legitimate and could be worth checking out. So let's take a closer look at what it's about, how it works, and whether Josh Answers is legit.
What Is Trading Fraternity?
First and foremost, Trading Fraternity is a Youtube channel owned by a trading guru named Josh Answers. It contains tons of video content about Josh's experiences with trading, how to trade successfully yourself, and basically everything related to trading.
Most notably is the daily Live Stream Josh runs on another (connected) channel called “Stock Market Live.” This stream starts about 30 minutes prior to the market opening and runs for about 7 hours every market day. It basically shows Josh trading the market in real-time while he shares his thoughts and insights as he goes.
This is really the “meat” of Trading Fraternity, and it's 100% free.
He does sell some paid services though, which may be why there's a number of people asking if it's a scam or not. And I think that's fair because there are lots of scammers in the trading and make money online space, which is actually one of the reasons I started this site.
Anyways, on a site called “The Cult” (ttfrealestate.com), Josh provides some courses for people interested in real estate and trading. Some of which are free, some of which are paid.
The most relevant to this review is probably his $99 p/m service called Stream Alerts.
Stream Alerts is essentially a way to make your life easier if you're following along with Josh's daily streams. Since most of the daily live streams on his Youtube channel go for about 7 hours, it's going to be very difficult to sit there are follow what Josh is doing without missing something.
Especially if you have an existing job or business and don't have time to watch everything as it's happening in real-time. Which is probably most people.
In any case, as a member of Stream Alerts, you get regular text alerts whenever Josh or Chad share something important within the live stream.
That way, instead of having to watch the stream all day, every market day, you can simply tune in whenever you get a text alert to stay informed about what Josh is trading on a daily basis. So it more or less aims to help you become a more successful, efficient trader.
The cool thing about this that you don't have to join to benefit from Josh's trading insights. Everything is provided for free within the daily stream which anyone can tune into. So it's the ultimate “freemium” model in that you can tune in for free first, see if you like it, then decide.
I personally really like this because most services I review put on an overhyped sales pitch to convince you to buy, underdeliver, then make it hard to get a refund.
This is completely different. The core product (daily live streams) is 100% free, so you can personally vet how effective Josh's trade ideas have been. And the only way you'd buy anything is if you know you've already gotten a ton of value from the free stuff first.
Who's Josh Answers – Legit Trading Guru?
Josh Answers (AKA the “thumb guy”) is a trading guru who, according to him, has managed to turn a small amount of money into significant gains over the years trading the market.
The most controversial thing about Josh Answers is that he never shows his face and his name is clearly an alias. And when you combine this with the fact that many trading gurus are scammers, selling scammy, overhyped services, it's normal for people to be skeptical.
I know I was. But just because someone wants to protect their privacy by using an alias and not showing their face, doesn't make them a scammer. What matters, at least in my mind, is how worthwhile the information they share is.
And from what I can see, the information Josh shares on his Youtube channel is genuinely high value. Both the regular videos and the live streams.
I also like the way you literally never have to buy anything from him, to benefit from his analysis. Everything he shares is contained within the live streams, free of charge. The Stream Alerts service is just a way to save time, so that you don't have to watch the streams all day.
He also sells a real estate course and some related trading courses too, but these are all very low cost and some of them are even free.
So, to sum it up, I personally don't believe Josh Answers is a scammer.
Nor do I think his services are scams.
That said, trading is inherently risky, regardless of who you're listening to. So I definitely wouldn't follow everything Josh Answers (or anyone for that matter) is doing and expect to get rich quick or without understanding that you can just as easily lose your money trading as you can make it.
Trading Fraternity is a Youtube channel run by Josh Answers that's full of helpful content about trading. There is a paid element to it if you buy one of his courses or the Stream Alerts service for $99 per month, but as mentioned you don't have to buy this to benefit from Josh's insight.
And while I wouldn't join his service, or watch his videos, expecting to get rich quick, I don't believe Trading Fraternity is a scam. In fact, I think as long as you do your own research and exercise caution, Trading Fraternity could be worth checking out.
Either way, what you decide to do is up to you.
I'm not affiliated with Trading Fraternity or Josh Answers, so my aim with this review was never to convince you to join, or not join, the service. My aim was just to share my opinion, which hopefully helps you make a more informed choice either way.
Hope you found this article helpful! My name is Jeff and I'm the creator of Mad Money Stacks. I started this site to help others avoid scams and share honest, legitimate methods of creating wealth in the stock market. Like my top rated service, that shows you how to 4X the S&P 500 and grow your wealth – without having a degree in finance. Go here to learn more.