Is Carnivore Trading Legit?

Jeremy BiberdorfBy: Jeremy Biberdorf

February 15, 2023February 15, 2023

At this time we can no longer recommend Carnivore Trading. We noticed some major red flags with this company.

For example:

  • not a single real name associated with the company which is very strange in the investing industry
  • inconsistency with the alias names between what is on their site and what is on some external sites
  • misleading information on their about page which cannot even be verified due to the aliases
  • no phone number or address on their site
  • a suspicious lack of actual customer reviews
  • many people calling them out for snake oil type sales pitches in a reddit thread
  • multiple investing companies with Carnivore in their names as if none of them care about protecting their brand or trademarks (if they even have any)

The use of aliases is a major issue with trusting someone to provide investing advice or tips. I don’t know what the people behind those aliases have to hide. They must know this approach would seriously hinder their business yet they take this approach anyway.

You’d think if someone was providing great stock picking advice they would be jumping on personal branding, both for ego purposes and to gain trust. When hiding behind an alias the impression is that they’re not really providing stock picks which they are comfortable putting their names or faces behind.

For anyone looking for legit stock trading advice, I recommend you check out these reputable companies:

  • Mindful Trader – Eric Ferguson is as honest and transparent as they come. He’s the rare person providing an investing service who truly puts people first. I’ve talked to still him numerous times and I’d recommend him and his service any day. As it’s a fairly new service the price is still very reasonable.
  • Motley Fool Stock Advisor – While they won’t recommend enough stocks for an active trader you can be sure the stocks they do recommend are solid choices. They have a long history or delivering successful picks. Traders may also benefit from short term trading of their picks due to Motley Fool’s large following.
  • Earn2Trade – Many investors might not know about the rapidly growing prop trading industry. There are now many companies who will help improve your trading skills and then let you trade with their own capital. You get the bulk of the profits but you do have to follow pretty strict rules which are in place to limit their risk. Earn2Trade has the reputation as providing the best trader training while still offering a very generous profit split.

We will leave the old post intact below but proceed with caution. Do thorough research if you still want to take the risk with this suspicious company.

Carnivore Trading

Carnivore Trading is a popular trading recommendation service that focuses on short-term momentum trades. The platform provides step-by-step guidance to subscribers through trader alerts and recommendations throughout the trading day. Although the exact trading strategy being used is not explicitly explained, traders can still benefit from the service by using it with any trading platform of their choice (although Carnivore Trading itself recommends opting for a commission-free brokerage).

When it comes to investing in the stock market, it’s important to make informed decisions and work with a reputable and trustworthy platform. In this blog, we will take a closer look at Carnivore Trading, its features, and what users are saying about the service to help you determine if it’s a legitimate and secure option for traders. Whether you’re a seasoned trader or just starting out, Carnivore Trading provides a comprehensive solution for those seeking short-term momentum trades. So while we feel confident in saying Carnivore Trading is legit, is Carnivore Trading worth it? Continue reading to determine for yourself.
Learn More About Carnivore Trading

Company Background

Carnivore Trading is a financial services company that provides real-time trade alerts, financial research, and entertainment to its subscribers. It was founded by Dutch Masters, Trader Z, and Jay, all former Wall Street veterans with over 100 years of combined trading experience. The company’s goal is to teach subscribers how to make great trades and achieve financial independence.

Indeed, the lack of full disclosure of the traders’ identities can be concerning, but it’s important to note that ‘Dutch Masters’ has established a level of credibility through their appearances on well-known financial news networks and their website’s claims of industry experience. It appears that the founder, Jason Kemble Adams, has a solid background in finance, holding a series 65 license and having previously worked at reputable firms such as J.P. Morgan and Bear Stearns. All of this information suggests that the firm and its traders are credible, although it would still be wise to proceed with caution and do thorough due diligence before making any investment decisions.

Carnivore Trading operates on a subscription-based model, with subscribers receiving real-time text alerts of trades, pre-market reviews, mid-day reports, and daily market wrap-ups. The company’s decision support system, Vector Nostradamus, is driven by its proprietary algorithms and focuses on the stocks that are moving the market. Carnivore Trading’s only source of revenue is from subscriber fees and does not accept payments from advertisers or companies for stock recommendations.

The company’s mission is to democratize investing for individuals and help its subscribers achieve True Freedom, which is the financial independence to take control of one’s life. Carnivore Trading believes that Wall Street has lost its way and that a new populist stock trading movement has emerged, with zero-commission trading making it easier for individuals to take control of their personal finances. The company differs from traditional financial advisors by focusing on producing returns for its clients rather than just gathering assets and charging fees.

Carnivore Trading’s goal is to help individuals achieve better returns by actively trading stocks and removing human emotions from the equation. The company acknowledges that this is not an easy task, but with dedication, patience, and resilience, traders can build a winning system. The company’s founders are sharing their expertise and trading knowledge with subscribers, offering a unique and valuable service in the financial industry.

Customer Reviews

Carnivore Trading is a company that offers trading education and information. They provide a range of services including market analysis, trade alerts, and a community forum for members to discuss trades and strategies. Despite the quality and effectiveness of their products and services being important to their potential customers, it was surprisingly difficult to find customer reviews on third-party websites. The customer feedback we have is based on the reviews posted on their own website, which should be taken into consideration when evaluating their authenticity.

The customer feedback we have seen on the company’s website is overwhelmingly positive. Customers have praised the value they receive from the market analysis, trade alerts, and educational materials offered by the company. They express appreciation for the knowledge they have gained and the profits they have made as a result of being a member of the Carnivore Trading community. One customer stated that they were able to make significant profits with the ETFs recommended by Carnivore Trading and that they are ready to face the new trading year with confidence.

Another customer shared that they were able to change their perspective going into 2023 and credited their success to the services provided by Carnivore Trading. They expressed their appreciation for the company and its team and felt that they were building a legacy not just for themselves, but for many others as well.

It’s important to note that these customer reviews are posted on the company’s own website, which can potentially introduce a bias. As a result, it’s recommended to do further research and to gather a diverse range of opinions before making any investment decisions. Nevertheless, the positive customer feedback we’ve seen is certainly worth mentioning and considering as part of the overall evaluation of the company.

Final Thoughts – Is Carnivore Trading Legit?

Based on the information provided, the company appears to be credible, but as with any investment, it is important to proceed with caution and do thorough due diligence before making any decisions. Although customer reviews on the company’s own website are overwhelmingly positive, it is recommended to gather a diverse range of opinions before making any investment decisions.

For those considering doing business with Carnivore Trading, it is recommended to do their own research, gather a diverse range of opinions, and proceed with caution before making any investment decisions. Overall, Carnivore Trading offers a comprehensive solution for those seeking short-term momentum trades and the opportunity to gain valuable trading knowledge and experience. Click here to get started with Carnivore Trading today.
Get Started With Carnivore Trading

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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