Spartan Trading is an educational site that helps new and struggling traders make higher probability trades. The site was established in 2016 in Vancouver, British Columbia. Spartan’s trading strategies are designed for active and day traders and focus on technical analysis. Hence, our Spartan Trading review.
Some features come with a unique Spartan Trading membership in the investing community. First, Spartan Trading offers around-the-clock text chat help and after-hours phone calls.
Unlike other investing sites that only open during trading hours, Spartan is determined to help its customers at all times of the day.
The Spartan Trading team consists of three main educators using pseudonyms in the chatrooms. The first is Spartan, also known as Chris, a nine-year technical trading expert.
Next is Options Momma, also known as Beth S, who has nearly forty years of experience working for investment firms and financial institutions. Finally, there is South Beach, also known as Steve A, a hedge fund trader with over forty years of experience in trading options and equities.
Our Spartan Trading review shows that this is an excellent service. So, if you’re in Canada and want to learn, check them out.
Features
Like many trading education sites, the live chat room is the most common and popular feature. This allows users to communicate directly with any of the members of the Spartan Trading team, as well as with each other. Spartan goes one step further than usual by opening a chat during extended and pre-market hours. Here is a Spartan Trading review of their chat room:
- I build a game plan with daily trade ideas and weekly swing analysis.
- Live charted pre-market ideas.
- Intraday idea generation and live guidance.
- After hours of news, continuation, or earnings, plays are charted and played live.
- Technical trading, PR/News-wire, and Option flow-based ideas.
- Walkthrough of current setups and why they are on the team’s radar. Live questions and answers all day long.
- Text chat is open 24 hours per day, seven days per week. Access to Spartan Trading team for phone calls and coaching support after hours.
SERVICES |  |  |  |
|---|---|---|---|
| DESCRIPTION | Bullish Bears offer trade rooms in our Discord. Our chat rooms include penny stocks, large caps, options, and futures | We offer stock signals and trade alerts through our watch lists and Discord bots using Tradytics | Swing trade and day trade watch lists with hand-picked symbols that have the best chance of breakouts. These are stocks to watch |
| INCLUDED | Trading courses • Live streaming • Discord • Real Time Teaching • Scanners & Bots Trade Rooms | Watch lists • Symbols • Support and resistance levels • Discord bots and scanners Trade Alerts | Swing trade watchlist • Day trade watchlist • Alert levels mapped out • Watch lists updated daily Watch Lists |
Chat Room
The chat room is the heart and soul of every educational trading site and is the direct communication link between the Spartan team and its users. Spartan uses the popular chat service Discord for its chatroom, which allows both text and voice chat functionality. The Spartan team members also do a live screen share for the entire trading session. This allows users to follow along with the team and understand their process. The live screen share is from Monday to Friday from 08:00 AM EST to 4:30 PM EST.
With a Spartan Trading membership, you also get access to the vast library of webinars and educational materials. In addition to the webinars, members get access to a live session every Friday from 4:15 PM EST to 6:15 PM EST. Depending on your trading style, you can also sign up for one-on-one training from Spartan’s team members.
Swing Trading
Spartan even offers a swing trading program for professionals or those who cannot sit at a trading screen for hours. The program provides members with a list of stocks and setups to watch for the week, with specific notes on entry/exit points. Spartan posts the Swing Trofng Program results on its Twitter account monthly. And we think you’ll be quite impressed with the results of the Spartan Trading review.
Of course, one of the most important factors is whether or not to sign up for a stock trading service. How much does all of this cost? First, it depends on which products you want to sign up for. When you see the prices of Spartan Trading, you may be a little surprised at how high they are.
You should probably be forewarned that the costs of trading education sites are usually quite high. That is because there is a chance to make higher than normal returns with day and swing trading. Even if something costs $500.00 per month, traders can easily make that in a few days of trading.
Spartan Trading Pricing Review
So, how much does Spartan Trading cost? The regular membership that gives you access to the webinars and education is a flat initial fee of $379.00 per month and an additional $70.00 per month. If you want access to the live chat room, a one-week trial will cost you $49.00, a one-month rate is $197.00, six months will run you $1,092.00, and twelve months will cost $2,090.00 altogether.
There are also various bundles where members can access specific Spartan team members, costing upwards of several thousand dollars. Again, this can seem pricey. But the results of Spartan’s trading activity speak for themselves!
Is Spartan Trading a Scam?
I can see why you would be concerned about this, especially since there are trading education sites that are scams. But what is a scam site? You can always argue that Spartan Trading is just a site that helps traders with new strategies. The site makes no guarantee that its system will work.
But it backs up its products with a boatload of testimonials from satisfied customers. There are also hundreds of positive reviews on its social media pages and a loyal following on YouTube and Reddit.
There are numerous negative reviews of Spartan Trading online. For trading education sites, naysayers will always claim that membership rates are a way of scamming users. But for all of the negative reviews, there are ten times as many positive ones for Spartan Trading. Hundreds of satisfied customers are one of the main reasons Spartan Trading has remained so popular all these years.
The Newsletter
While many trading sites offer a free newsletter to attract new members, Spartan Trading charges for this, too. A one-on-one subscription to weekly newsletters will cost you $89.00 per month, or roughly $22.25 per week. The newsletter is free for paying members of the live chat room, swing trading program, and webinar and education programs.
Spartan’s weekly newsletter is slightly more in-depth than usual, though. It provides members with at least ten weekly plays and trade ideas and a thorough breakdown of technical analysis of options plays. It even includes exclusive access to private Spartan Trading events and product discounts. If you can work these plays into your weekly trading strategies, then $89.00 monthly seems reasonable!
Spartan Trading Strategy
The crux of the Spartan Trading strategy is finding high-probability setups using technical analysis. If the payoff does not have a risk/reward ratio of at least 3 to 1, then it is not considered a high-probability trade. When you combine this with setting stop losses, Spartan believes that this is a profitable strategy over the long run.
Spartan also stresses that traders pick their spots. High-volume trading has a higher chance of things going wrong. If members can pinpoint a setup that meets Spartan’s criteria, then all you need are a few great trades each week.
Sounds easy, right? Well, if it were that easy, we would all be rich! But there is certainly something to Spartan’s reputation as an honest and very profitable community. With hundreds of positive testimonials and mostly positive sentiment around the internet, Spartan is certainly thought highly of in investing circles.
Final Thoughts: Spartan Trading Review
I have never subscribed to a membership with Spartan Trading, but I have reviewed some of its free materials. The near-consensus positive sentiment for Spartan Trading from its members is definitely encouraging. Take one look at the Twitter accounts for the members of the Spartan team and you will see that they love to educate new traders.
The issue with many people is the membership fees that Spartan charges. You may ask: if they really wanted to help traders, wouldn’t they do it for free? Membership fees for trading education sites are a win-win for communities like Spartan. Successful trades can help members pay for membership fees. The more successful trades that are made, the more likely members will stick around, creating a nice recurring revenue.
So is Spartan Trading worth it? Absolutely. Without a doubt, this is one site that I have reviewed that I would really consider signing up for myself. The customer satisfaction is off the charts, and so are the results from its trading plays. I love the ability to do a one week trial for a lower price to see if Spartan works for you. Believe the testimonials and trust the community: Spartan Trading is the real deal!
Frequently Asked Questions
Investors cannot purchase shares of Spartan Trading because the company is privately held.
