Raging Bull Trading, also known as RagingBull.com is an educational and training program for stock trading. It was originally founded by professional traders Jeff Bishop and Jason Bond of Jason Bond Picks in 2010. The two traders found that they wanted to share their success with others, which is what led them to create Raging Bull Trading.
If you’ve been researching about how to invest in stocks or options chances you’ve been bombarded with ads from many different trainers. We can bet you’ve particularly seen ads from the Raging Bull team either through Jeff Bishop or Jason Bond.
Raging Bull Trading is one of the most popular stock education platforms currently. However, their services have attracted mixed reviews all along. And so today, we’d like to find consensus on this “raging” debate.
- About Raging Bull Trading: An Overview
- Who Is This Platform Best Suited For?
- Benefits of Joining Raging Bull
- What Could Be Improved?
About Raging Bull Trading: An Overview
This is a financial education website that specializes in stock and options education. It provides you with access to a myriad of products created by their top mentors led by Jeff Bishop and Jason Bond.
What we know so far is that this platform has been around since 2010. Yup, they have been around for more than a decade.
And in 2019, the company was ranked among the fastest-growing privately held companies. In fact, they ranked 915 on the Inc. 5000 list, only two spots after Uber.
Yes, you read that right.
What we also know is that the company isn’t a registered securities dealer or investment adviser. So, basically what they do is offer their two cents based on their vast knowledge in the stock and options market.
They also provide you with alerts from their mentors. You can choose to either follow or ignore the alerts.
- Jeff Bishop – He boasts more than 20 years of hands-on experience, particularly in options trading. He’s proudly a member of MENSA, an organization exclusively for people with higher-than-average IQ levels.
- Jason Bond – He of the Jason Bond Picks is known for his rise from debt to a 7-figure income. He was one of the earliest mentees of Jeff Bishop and teamed up with him to co-found Raging Bull.
- Kyle Dennis – Kyle is known for transforming his $15,000 worth of savings into $3,000,000 through successful trading. He’s a top-selling author and specializes in his Bio-Tech Breakouts program.
- Petra Hass – She’s the only top female member of the team. Petra is behind the acclaimed Petra Picks; a program she has been actively running since 2017.
- Jeff Williams – Williams is the founder of Penny Pro. He’s a successful trainer cum trader boasting more than 15 years of hands-on experience.
Who Is This Platform Best Suited For?
One thing we absolutely love about this platform is that it provides you variety. Whether you’re into swing trading, penny stocks, or options trading, they have got something for you.
And the best part, if you happen to buy into Jeff Bishop’s Weekly Money Multiplier and don’t like it, you can call customer care and have them switch you to Kyle Dennis’ Biotech Breakouts or Jason Bond Picks, etc.
This level of flexibility gives you the opportunity to find the strategy that works best for you depending on the size of your account and risk appetite.
So, we’d say that Raging Bull is perfect for anyone looking for variety. But above all, it works best if you’re willing to take the stairs rather than the elevator (more on that later).
Benefits of Joining Raging Bull
So, before we proceed any further, we’d like to clear the air on what Raging Bull is NOT.
- It is NOT a get-rich-quick scheme
- Sure-fire way to riches with no effort on your part
- Automated trading system
We thought it’s important to clarify that because some of the marketing campaigns being done by this company’s affiliates might mislead you. Honestly, these guys need to fire their entire marketing department or at least tone down on their high-pressure approach to marketing.
They have good products but they need to set the consumer’s expectations right. Talking about good products, the reasons why we’d pick Raging Bull over any other investments education platform out there are as follows:
1. High Transparency (If you don’t get carried away by the hype)
If you choose to focus on the facts rather than the hype, you’ll realize that this is a highly transparent organization. For instance, right from the onset, they’re clear that they offer no profit guarantees and that their past results don’t necessarily indicate what will happen in the future.
The company also operates from a known location right here in the United States. That is, in Lee in New Hampshire.
The team behind the brand is quite well known. They don’t shy away from sharing about their personal lives – again, confirming that they’re legitimate people.
For a private entity that deals with stock education, we think that this is quite encouraging.
2. Customer Support
Whether you want to email them or have a live chat with them, they’re always available to respond. And as if that’s not enough, if you have a burning query, you can always send them your number and they’ll call you back.
Again, this is exceptional because most companies this big tend to make it extremely difficult for you to contact them.
In fact, as we were doing our independent research on various Raging Bull reviews posted on TrustPilot and BBB, one thing caught our attention. And that is, the fact that they responded to each and every negative comment posted about them even by anonymous users.
It’s rare to find a company that’s willing to face criticism and do it professionally.
3. They Keep Their End of the Bargain
Again, this is quite important. And if you’re reading this, chances are that you’ve come across allegations that Raging Bull is a scam.
On the contrary, this is a professionally run company. Actually, the fact that they respond to each and every comment posted about them out there confirms this fact.
If they were scammers, they could have chosen the easier way out. What’s the easier way out? One example is paying PR companies and even paying people to counter the negative reviews with positive ones.
But these guys aren’t doing that despite the fact that they have the cash and means to do so.
Also, we’re yet to come across anyone claiming that they paid for a service and never got access to it or were given something totally different altogether.
If you’re yet to opt-in to this service, then you should know that Raging Bull has a strict no-refunds policy. And that’s because they assume you’ll easily recoup your investment using the knowledge they equip you with.
In fact, they make this clear on their checkout page.
Despite all that, we were surprised to see them making exceptions to this rule. They even did refund someone who complained of having borne the brunt of the pandemic and thereby desperately needed his cash back.
And since they have numerous products on offer, they also provide the option to transfer your credits to another of their services. This gives you room to experiment with their different mentors and programs until you find one that works best for you (at no extra cost).
Once again, we found this quite reasonable for them to do.
5. Education & Mentorship
Stock trading works best when you’re armed with adequate knowledge to navigate different situations. Not when you blindly follow mentors and influencers.
And as we mentioned earlier, Raging Bull is built around the mantra of self-education.
Luckily for those aboard this ship, there’s no need to pay extra for stock educational courses. In addition to the alerts and live trading features, you also get loads of videos and well-structured courses.
We do recommend that you take those seriously. In fact, before you start trading according to the alerts you get, be sure to spend a few weeks reading the educational content first.
The problem with most first-time Raging Bull users it that they often get excited and skip the training part shooting straight for the alerts. And that’s probably where they mainly go wrong.
What Could Be Improved?
There’s still a lot of room for improvement for this company. For instance, we genuinely feel that they need to tone down their sales pitch.
They’re setting expectations too high thereby attracting an audience with the lotto-mentality. Yet that should not be the case in the dynamic world of stocks trading.
Also, the company has the habit of auto-renewing subscriptions in the event that subscribers don’t cancel their membership.
If you happen to subscribe and maybe not end up liking the service, the best thing to do is reach out to them and tell them to cancel your subscription.
This request typically takes 2 business days to be effected, so it’s ideal to call them way ahead of the renewal date.
Perhaps the company needs to start sending out reminders before auto-renewing subscriptions also. Would you agree?
To this end, we are of the opinion that this is a good stocks education platform to join. And dozens of positive Raging Bull Trading reviews attest to that fact.
Jason Bond Picks has an average of 4.5-star rating on Trust Pilot. Jeff Bishop’s Bullseye Trading also has 4.2 stars on Trust Pilot.
With all those factors in mind, we’d confidently recommend this service to anyone who has their expectations set right.
Blake is a self-made online day trader with a knack for adventure. On his free time, he loves reading and learning new methods in the trading as well as improving his jiu-jitsu skills. He currently resides in New York City.