Are you looking for an honest Project 303 review? Is Andrew Keene a scam?
Well then continue reading this Project 303 trading review to find out.
Trading has been the go-to business alternative for people around the world.
In the past, you had to get to trading houses or meet up with brokers physically to make arrangements for setting up a trading account and all the details that follow.
However, there has been an increase in digital migration for brokers.
This means that you can open up a trading account anywhere you are in the world.
With this out of the way, you need to start training yourself on how to make money in the financial market.
You can also get a mentor.
This is the easiest way for you to learn how to trade. When you search for a mentor on the internet, you will come across very many experienced traders.
One of them is Andrew Keene. He is one of the most experienced traders you will find out there.
You might have seen him on CNBC a few times.
He will be the main focus of this article today.
Who is Andrew Keene?
Andrew Keene is the creator of project 303. He is an experienced trader with reports claiming he has made over 5 million dollars in profits.
His journey to trade started when he was fired from his first job as a bank analyst.
Andrew Keene applied and got a job at the Chicago board options exchange.
He taught himself how to trade. Within 9 months, he got promoted to a floor trader.
With the advancements in technology, floor traders became unnecessary.
At this point, Andrew Keene used his own money to start trading.
Currently, he is one of the most well-known traders in the United States of America.
Since he clocks in just an hour or two a day to make trades, Andrew Keene decided to start teaching other people the strategies he used to make money.
He has created very many programs to educate people on how to make money the way he did thus the creation of project 303.
What is Project 303?
Project 303 is one of the programs that were created by Andrew Keene.
He says that the program will make you thousands of dollars every week by following his trading strategies.
How does Project 303 work?
Project 303 is designed to help new and experienced traders make money using Andrew Keene’s strategy which he often refers to as S.C.AN.
The strategy is aimed at finding and utilizing insider trades in order for you to make money.
The strategy can be broken down in the following ways;
1. Spot the tell.
Here, Andrew Keene shows you how to spot the signs of abnormal trading and insider trading.
Keep in mind that insider trading is dangerous.
However, this part of the strategy shows you how to identify the signs.
2. Confirm the signal
Here, you are shown the important things to lookout for in order to confirm the legitimacy of the trade.
At times, abnormal trades do not signify a loss of confidence or a potential for earning.
The CEO of the company might just be fulfilling certain requirements.
Or there could be some other unexpected reason. Therefore, Andrew Keene shows you how to confirm the signal.
3. Automate and execute
Trading is highly automated these days. Brokers have applications and web tools that you can use to automate your trades.
In this section, you will learn how to identify the trade from the signals you picked up.
You will have to communicate your trade requirements with your broker.
They have to include the exact time your trade has to be made.
4. Net worth boosted
This is not really a step in the strategy. It is just an outcome of the trade that you will execute.
In most cases, if you have done this right, you can earn a lot of money.
Consequently, this would boost your net worth.
For this course, you will get access to;
Fast track to financial freedom.
This is the section of the course where you learn about the S.C.AN strategy.
This is the strategy that you will use to identify and take advantage of insider trading deals that will fast track your earnings every week.
Live trading rooms.
This is a livestream that show Andrew Keene making trades.
This happens three times every week that is to say Monday, Wednesday and Thursday.
In the trading room, Andrew Keene gives you his thoughts on the market including a well detailed market analysis.
You also get to see him putting his S.C.AN method to use.
5. Project 303 wrap up.
This program is aimed at making you money weekly.
Therefore, a newsletter is sent to your email inbox every week to show you a summary of trades that you can execute on your own.
6. Weekly watch list.
In investing, a watch list is used to track investments that are of interest to you.
In this case, the watch list includes investments that are of interest to Andrew Greene.
It gives you an inside look into what investments he is looking to make.
7. 24/7 access to members only website.
This is a member only area where you get access to already paid up content in the form of videos.
You also have access to a forum through which you can ask questions and expect replies from other traders and Andrew Keene himself.
How is the course priced?
The course costs $129 per year. The payment can be made using PayPal or a credit card.
Pros of project 303
You learn about the basics of trading. Just like most trading programs, you get to learn about the basics of trading for example options, and stocks.
This is a gateway to helping you gain more knowledge which translates to cash in the financial world.
You get access to live trading rooms.
These trading rooms usually have most of the project 303 subscribers.
This enables you to put your knowledge to the test with the rest of your colleagues.
It can also offer you a chance to learn from people that are more experienced than you are.
You also have the opportunity to see Andrew Keene putting his S.C.AN strategy to use.
You are entitled to a refund within 60 days. The conditions of this refund are a bit confusing so you might have to check out the refund policy which seems to be altered a lot.
Cons of Project 303
You can still make losses with the program. There is no way for you to have a full proof strategy when it comes to day trading.
Due its speculative nature, there is a possibility of losses and gains.
It is almost impossible for you to identify insider trading deals as they happen.
The strategy taught aims at picking up activity from actors within a certain company that would indicate insider trading.
However, stock transfers cannot only mean one thing. There are many reasons why people within a company could sell and buy stock.
You have to own a lot of start-up capital. All courses like this project 303 use low risk investments.
This means that the only way for you to make $1000 every week, you must have over $100,000 as capital to capitalize on the small movements in the market.
This mean that you will invest a lot of money into learning the course yet your return on investment is going to be low.
You have to select a brokerage service on your own. Choosing a brokerage service is the hardest part in trading.
Most of the brokers are out to make a dime and they do not work in the best interest of their clients.
Any good teacher will help you find a service that represent the best value for you.
In this case, you have to look for them on your own.
There are a lot of dissatisfied customers you will find online.
The program is lackluster and seems to add no value to its users.
There are no available reviews that signify customer success.
Overview Of Project 303
In the market, you can teach yourself how to do anything. However, having a mentor saves you from learning the things that will not be of much help to you in the financial markets.
That said, you should dedicate a lot of time and effort to learning how to execute trades so that you can make a profit.
There is no absolute strategy that will consistently give you profits.
You have to be open to the possibility of making losses even with lessons from experienced traders.
This program gives you the opportunity to learn the basics of the markets.
You also get to learn how to pick out trades that will get you some money.
The problem with this is you do not get hands on experience when trading.
You will often find yourself making small amounts of money since a lot of you are doing the same thing.
Conclusion: Is Andrew Keene a Scam?
Andrew Keene is not a scam. Project 303 is a legitimate program that teaches people how to make money.
He does not mislead you into believing that his program is a get rich scheme.
However, I do not recommend it. For any program you will find online, the cost usually exceeds the perceived value.
What I mean is you do not always get value for money. In this case, the course is too expensive considering what you get to learn.
I would encourage you to use resources like YouTube where you can learn how to trade for free.
This gives you an opportunity to learn from a multitude of people making it much easier for you to come up with a great investment strategy.
The best alternative for those looking to make extra money on the side would definitely be the Wealthy Affiliate.
The program will allow you learn everything you need to know in order to grow a sustainable online business .
And the best part is that it is free to join. No Credit Card required to sing up.