There’s no doubt about it, the stock and forex markets can be a hugely profitable place – whether you’re investing or trading. But unfortunately, many people have failed over the years because they don’t have the right education or knowledge to apply.
That’s what led to the creation of Project303, a program designed to teach people all about trading shares online.
So, is Andrew Keene’s Project 303 legit or a scam? If you’re asking yourself this question, you’ve come to the right place.
This Project303 review will answer your questions and give you everything you need to know about this opportunity.
Let’s jump right in!
How does Project303 work?
First of all, you need to register on the Project 303 website and pay a fee. Then you will get access to the so-called virtual trading room where you can see what trades Andrew Keene is making, and you will be able to make the same trades yourself, within your own account.
That way you will copy his trades and hopefully see the same profits he does.
Andrew trades on Forex, but in theory, you can use this method to trade any other market (for example, cryptos).
He gives you all information about what he is doing and shows a chart with his trades when they are opened. Then he suggests that you do the same trades with an amount that is available in your trading account.
By doing so, you should reach 100% to 400% ROI.
According to the official Project 303 website, you can make up to $4,000 in just 1.5 hours with Project303 (3x 30 minutes).
The thing is that it’s very difficult to be successful without any experience in trading – especially if you’re new to finance and don’t know how it works in practice.
As for me, I think that no trading system can give such profits in such a short time period. I am not saying that there is no chance of making money (if this was the case, then why would people pay for it at all?), but I believe that these figures are impossible to achieve with such a small time commitment as suggested by Project303.
Who is Andrew Keene and can we trust him?
He’s a trader and entrepreneur from Chicago.
Keene began his career in finance as a bank analyst. In 1994, he was fired from that job for falling asleep at work. He then stumbled into work as a clerk at the Chicago Board Options Exchange and eventually he made his way onto the trading floor.
After some time on the floor, Keene was noticed by Botta Capital, a company that had been sued by the SEC for fraud in 1998. But later he quit his job at Botta to trade his own money.
At that point, he started making some money playing futures. Then, in 2008, everything fell apart. He lost his money and had to start over again.
He had to take up English teaching in Thailand. After six months there, however, he decided it wasn’t for him and returned to trading.
Thing is, Andrew Keene was just getting started. After returning to the US, he decided to make his own way by starting his own trading education programs.
This guy’s definitely built up quite the source of income from these trading education programs and I’m sure he also makes money with Airbnb.
So, Andrew is by no means a scammer, but keep in mind this:
He’s not really an expert either. He was an early adopter and a self-taught trader and that might not be enough to trust him blindly.
What’s included in Project 303?
The S.C.A.N. Program
Keene’s program, S.C.A.N. (for “Spot the Tell, Confirm the Signal, Automate and Execute”), is based on a theory that stock market trading activity is not random—that there is a method to the madness of Wall Street.
The idea is that by analyzing trading activity in real-time, it is possible to detect patterns that represent insider trading—and thus make money.
But there’s no guarantee that it will work. And even if it does work, there’s no guarantee that you won’t get caught and prosecuted for insider trading yourself.
Live Trading Room
This is a very powerful feature. Andrew has developed a lot of proprietary strategies that are not shared with the public.
Since they are giving you access to the trading room, you will have the opportunity to watch Andrew’s trades and hear his reasoning behind each trade.
Members get access to a live trading room every Monday, Wednesday, and Thursday from 9:00 A.M. to 9:30 A.M.
Project 303 Newsletter
Every Friday morning you’ll get an email with a brief recap of the week. It usually includes:
– What trades are due out that week and when they’re due. You’ll know if you need to get them done by the end of the day on Thursday or not until Monday.
– What lessons Andrew has planned for the week. That way you can make sure you’ve got time to do the lessons before they are due out.
This is a once-a-week list of potential trades Andrew is considering in the future.
This list is a small sampling of great stocks that are currently on Andrew’s radar or have caught his attention in the last week. He believes that these stocks may be poised to make significant moves in the future, and he will be watching them closely.
Once you join the program, you’ll enter a private website where you can basically get access to a bunch of different stuff.
There’s a private members-only website with video and article libraries, forums where you can ask questions and chat, research databases, and more.
Project 303 Review: Is this a legit business or just another scam’?
It’s hard to say whether Project 303 is a scam or not because it seems like it’s run by a real person. There’s no way to know if he actually makes the profits he claims to make though because he doesn’t show his trading history.
If you look at Andrew’s website, it looks like he’s making serious money. He’s got fancy cars and sports cars and is wearing fancy suits. It all looks legit, but how can you be sure?
Some people have said that they did like the course, but others were extremely negative about it. They called it a scam and said they wanted their money back because they didn’t want to pay for something that didn’t work.