Tom Luong Stock Navigators Review

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Who is Stock Navigators for?

Anyone from beginner to intermediate can benefit from the trading strategies that they teach. I can tell from the marketing spiel that the focus is on attracting people newer to trading though.

The focus is all on the ‘why’ you should learn trading to give yourself a life skill blah blah. My goal with this Tom Luong Stock Navigators Review is to try to ensure you know enough about the course to make an informed buying decision.

Tom Luong: The Stock Navigators Founder

Tom Luong was born in Vietnam. Unfortunately, Tom lost a million dollars in the .com crash but managed to learn and recover from this by basically not letting other people manage his money.

Tom made the mistake of hiring an investment advisor right before the .com bubble back in 2000.

Tom Luong arrived in the USA with almost nothing after fleeing Vietnam in the middle of the night. It’s quite the crazy story with him arriving in the USA without any money or really speaking any English.

The free webinar sales presentation is performed by Tim Luong (Tom’s son). I can only assume that is because Tim comes across better in terms of having a typical American accent etc.

He claims to be a successful trader after learning from his father.

Tom Luong Stock Navigators review

Tom managed to get a system engineering job in San Francisco! All from hard work.

He succeeded with trading because he developed a strategy that works by basically working extremely hard. He spent years learning and studying before he made his own strategy.

Tom has over 20 years of trading experience and founded Stock Navigators in 2018.

What is Stock Navigators?

Stock Navigators is a company that sells a stock trading educational program. They have over 20 team members.

They offer three courses aimed from beginner to advanced traders.

Money Zone Method
Expert Trader
Options Accelerator

You can get more information here.

They seem to have a lot of positive reviews both video testimonials and on TrustPilot.

You need to ‘apply’ to join these programs. This involves a 45-minute free call with one of their team members. They help you to come up with a trading plan for free.

The courses take many weeks to complete. You can start as a beginner and progress through to their exact strategy. You get to speak to all the students and mentors in a Discord server. It seems like a pretty useful room.

There are also live Q&A calls where you can submit your questions beforehand.

What Do They Teach?

The free webinar I attended focused on simple technical analysis. They talked about trading with the trend using higher highs and high lows then discussed one of the simple Fibonacci key levels.

Obviously, this is just a free webinar but there was nothing very helpful for me in this webinar. Very basic technical analysis. Maybe useful for beginners though!

The courses take an average of 3 months to complete.

Some evidence of Tom’s success is show in the form of screenshots like the one below.

stock navigators review

Which is great. But, at the end of the day it’s just a spreadsheet and not any kind of verified brokerage statement. There is no ‘proof’ that this guy makes money consistently.

The Stock Navigator program teaches day trading, swing trading and longer term investing. They are constantly updating the material as market conditions change.

Here is a brief high level overview of what to expect from the Stock Navigators course. I will go into more detail in the next few sections of this Stock Navigator review about the course content.

Week 1: Setting up and giving you a foundation to help kick off your trading journey.

Week 2: Starting with a trading platform and helping you to setup your charts.

Week 3: Initial technical analysis.

Week 4: Advanced concepts that make a difference in your trading.

Week 5: The 3 paths. Helping you to understand what type of trader you want to be.

Week 6: Unlocking your potential. Trading psychology.

Stock Navigators Review: Who Teaches the Course?

The course starts with a brief intro from Tim and Tom. However, when the material starts it’s a guy called Brian that starts teaching. There isn’t any real introduction to who Brian is and what his qualifications are. He also sounds a little bored when doing the introduction.

The introduction starts with Brian discussing what you will need to do to be successful and how to work through the course. He makes sure that the new student knows this will be hard and to keep going despite this.

Brian vanishes after doing a couple of modules and is replaced with a guy called Jonathon. He sounds more interested.

Stock Navigators Review: Course Content

In this section I will give you an in-depth look at what you can expect from this course. I will cover the Expert Trader program in this review. It is their main and most expensive program.

The Expert Trader program includes:

COURSEWORK: Six modules that cover everything you need to know from the basic foundations, to advanced analytical methods, strategy, and psychology/mindset. It’s 60 hours of pre-recorded video that they recommend you learn at a pace of 10 hours per week for 6 weeks, but you can learn at your own pace.
TOM’S TRADING ROOM: Tom opens up his trading room virtually every weekday morning, 15 minutes before the market opens. He analyzes the market and several stocks, demonstrating how he trades live! You are reading this correctly – you get to trade with Tom live (virtually)! Seeing him in action while going through the coursework is an accelerated way to learn.

WEEKLY Q&A Tom conducts weekly Q&A sessions to answer questions students have about the course material. Its a lively, interactive discussion where students ask questions and get answers.

STUDENT COMMUNITY a student community of traders who are dedicated and committed to success. It’s an encouraging, supportive, and highly engaged group. This part is special because trading can be isolating.

PRACTICE ON A SIMULATOR: Tom’s method includes practicing on a simulator to demonstrate that you can trade consistently profitably for at least 3 weeks before you start putting his methods to work in the real market.

Week 1

Brian gives an introduction and talks about motivation and what to expect from the course. Week one has about 2 hours of learning from video lessons.

Here is my Week 1 overview video summary.

OUR STORY: Tim uses Tom’s story about how he became successful and pursuing the American Dream to motivate students. He talks about his story and his Dads. Lot’s of discussion about ‘success’ and what it means.

A NEW BEGINNING: Motivation!

SETTING YOUR FOUNDATIONS: Jonathon takes over. A very comprehensive overview of trading and why it is hard (Dunning-Krugger effect). This covers the very basics to the history of trading brokers, to what shares are to how to buy/sell. Interestingly there is a significant section introducing Futures trading in this part of the course. Risk management, analysis (fundamental and technical),

READING CHARTS: Charting methods, technical indicators, reading the markets, understanding trends and reacting to the markets. The basics of candlestick charts are covered. Things like pivot points, support, resistance and buy zone. This is quite good and comprehensive.

TRADING SETUP: Computer selection etc.

TRADING PLATORMS: They discuss and recommend two different trading platforms to use. They walk you through these two different platforms and how to set them up.

Tom does a section in this module as well where he tells his story to motivate students. They preach changing your mindset – something I am a big believer in.

Week 3

Dow Theory

Support and Resistance (including a live demo)

Pattern Recognition

Multiple Timeframe Analysis

Buy and Sell Zones (including a live demo)

Confidence in Action

Week 4

All about Fibonacci extensions, Elliot Wave, Renko charts and the CCI Indicator.

Week 5

Day, swing and long term investing. Risk management. Scanning and trading rules

Week 6

Wrapping it all up.

Stock Navigators Review: Cost

The 45-minute application call is the only way to find out how much this will cost. There is a REASON they make you ‘apply’ to join. This doesn’t leave the best taste in my mouth – hard closing sales calls without letting you know the cost before you schedule.

I found out how much they are likely to want after you successfully apply.

$5,400 one-time fee.

That is a LOT for what is essentially a basic trading education.

For me this is a firm no. Maybe you are ok with ‘investing’ that but I’ve yet to find a trading course worth $5k+. There aren’t real-time alerts from what I can tell.

I’m not saying that Stock Navigators is a scam – it isn’t. It’s just grossly overpriced in my opinion. It is unlikely to be the best use of $5k+ that I can think of.

Buying something like Bullseye Trades for $97 works really well….or PowerX Optimizer from Rockwell Trading for $1,997. These are way, way cheaper and probably will help you more in my opinion.

The worst thing that could happen is that Tom’s courses only add a little value above what you already know or could learn from YouTube. In the intro video I couldn’t find anything ‘unique’ about their approach. It’s just technical analysis.

That isn’t to say that he doesn’t have a secret sauce. But, if he just says ‘cut your losses quickly and stick with the trend’…..that would be a waste of $5,000.

MONEY BACK GUARANTEE

This may not always be in place. However, they offered a 90% refund option when I first joined the course. If you complete the first 2 modules within 14 days and you decide that the course is not for you, they offered to refund 90%.