Norberto Viale
Is it possible to make money trading with Borjatube's course?
From Borjatube, traders Borja Muñoz Cuesta ( @Borjatube ) and Lorenzo Gianninoni offer their stock market courses .
Borja has become known in the trading world thanks to his YouTube channel, which is geared towards a mass audience, combining practical market analysis with clear and accessible teaching methods. Specializing in price action and support and resistance analysis , his focus is on intraday trading in indices such as the IBEX 35 and the DAX.
But let's look in detail at what this trader offers with his course and whether it's really worth it.
Who are Borjatube and Lorenzo? – TRAINING PLAN:
The intraday trading course offered by Borja Muñoz and Lorenzo bases its method on reading price action, analyzing volume, identifying support and resistance levels, and understanding the overall context in which all of this occurs. If you've already read any of my other reviews (see trading academy ranking), you'll know that this is a system I like.
Since Borja and Lorenzo aims trading system to identify the end of an accumulation/distribution via stop-loss volume, range breakout, zone retest with drying up, and subsequent continuation. In other words, it seeks to largely apply Wyckoff to intraday trading (if you are not yet familiar with these concepts, I suggest you start by reading 'The Wyckoff Method').
While you may encounter variations on the mechanics described here during the course, the essence (and to simplify things somewhat) of the strategy used by Borja or Lorenzo can be summarized as follows: breakout of the accumulation range, retest, and continuation. All of this is combined with volume, which serves as confirmation.
Personally, I think trading range breakouts using volume. I can't imagine any other way to read the market than by analyzing price action in relation to volume. This can be done using Order Flow, the DOM, or volume bars. In the course, they prefer to use volume bars.
Both Borja Muñoz and Lorenzo Gianninoni are very familiar with the future of the DAX, which is why it's the market they typically cover in their stock market courses (though not exclusively). Of course, you can then adapt what you've learned to other markets.
Regarding the trading timeframe, the instructors prefer the 5-minute (sometimes 3-minute), 1-minute, and 15-second timeframes. However, the course does include examples of trading on higher timeframes, ranging from hourly to weekly charts. Nevertheless, the course remains 100% focused on intraday trading.
Furthermore, the course commonly uses the Fibonacci tool to calculate targets are also mentioned Elliott Waves, but almost as an aside.
I must point out that you will not learn to use any type of indicator in this course (which I am pleased to see).
So, what's being offered here is day trading using Wyckoff, some Elliott Wave theory, and Fibonacci. It sounds sensible; however, capitalizing on a positive expected value with this system can be more difficult than it seems, particularly during intraday trading.
The problem is not Wyckoff, but how we explain Wyckoff
The truth is, I have no complaints about the theory behind the more than 400 videos that make up the stock market course that Borjatube offered and that Lorenzo now offers. Basically, what you'll learn with Lorenzo is Elliott Wave + Wyckoff (or as I said before, a way of understanding Wyckoff), and I really like Wyckoff. The real problem I find with this trading course is pedagogical.
I feel that the ideas aren't always conveyed as clearly as I'd like, or even that the course is structured somewhat haphazardly. Of course, this is just my personal and subjective interpretation of the course offered by Borjatube; I hope Lorenzo has improved this. Depending on your prior knowledge, this might not be a problem for you.
This lack of clarity and organization in the presentations should be compensated for by the mentoring and follow-up provided. However, it seems that this is not being achieved either.
I have received many criticisms (some of which you can read right here in the comments section) or that are found online regarding the type of feedback and support that Borja and Lorenzo give to their students through Telegram.
's course Borja Muñoz were the constant references to psychotrading or how to 'not empty your emotional account' (I assume this hasn't changed).
Course prices:
As with many other trading schools (e.g., Josef Ajram or Francisca Serrano), I find it difficult to keep up to date regarding the price of the stock market courses analyzed here.
Borjatube's courses used to cost €3,000, but Lorenzo offers his course for half price, around €1,500. However, Lorenzo frequently offers promotions, so it wouldn't be unusual to see the course for €900 or even €750.
Borjatube reviews:
I have taken the course and the truth is that the information they offer can be obtained online and by reading a book about Wyckoff.
Juan Antonio Perez
*You can find more opinions about Borjatube in the comments section
Conclusions about the Borjatube stock market course:
These are courses day trading that focus on solid principles: price, volume, and zones. However, the course offered by Borja Muñoz wasn't as well-organized as I would have liked. I hope Lorenzo has improved this.
On the other hand, while the school's premise is sound, it's also true that trading an index like the DAX intraday using the proposed method can be quite difficult. I prefer more flexibility in a stock market course.
I still miss options like Order Flow, Market Profile, hedging, or even a medium- to long-term strategy in the course. This is because not all traders are the same, and it's often difficult to adapt to a single trading strategy. But this is just my personal opinion.
Borja Muñoz is not an amateur (nor is Lorenzo) and he knows what he's talking about; however, if I analyze the cost/benefit ratio, I think this trading course could (should) be better, given that there are training options at a better price.
As alternatives to the training offered by Borjatube/Lorenzo, you have the courses offered by Trading de Futuros or PV Escuela de Finanzas (the latter specializing in Wyckoff). These two schools operate on similar principles to those used in Borja Muñoz, and both in terms of the organization of the topics presented and their cost, they might be more attractive options for you.
But if you're a follower of Borja and Lorenzo, have read their books (Borja has 4 published: 'The Little Book of Day Trading', 'Change Your Life in 90 Days: Everything You Need to Make Trading Your Profession', 'Day Trading in a Week' and 'Earn Money, Live Better: Discover the Keys to Success in Trading') and have already subscribed to their YouTube (this is Lorenzo's), don't hesitate, this could be your course.
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And with all that said, Borja is leaving. I won't miss him, because since 2019 Gold I've seen plenty in this training program. Bye-bye, and without even seeing him trade or justify his strategies, just marketing and YouTube videos. Selling, selling, and selling some pseudo-methodology by Víctor, the little trader.
Hi, great review! I don't know if you saw Borja's course, but the one Nexxson uploaded to his blog is a 7-hour video showing countless examples of the volume-based strategy for DAX futures. Of course, you have to consider the context and know how to manage your emotions, but have you had a chance to try this method? What did you think?
Hi Felipe,
As I mentioned in another comment, Borja's approach isn't new or unheard of in courses that focus on volume. In my opinion, what this trader proposes is an interpretation of Wyckoff. While I like Wyckoff a lot, I don't use it for intraday trading (Wyckoff requires a patience I lack for day trading; waiting for the ideal setup is emotionally draining), but I do use it for buying and selling stocks or cryptocurrencies (actually, I base my trades on the concepts Wyckoff introduces, not his system). I also haven't tested the system proposed here on the DAX, as it's a market I don't usually trade. I believe these systems work better on higher timeframes when swing trading and combined with other elements (I use Volume Profile and fundamentals), but perhaps you might adapt better to Borja's approach and profit from it intraday. As I always say, every trader is unique. You have to experiment.
Greetings
I forgot to mention this in my DTA review, but I wanted to write it here in case someone else sees it and finds it useful. I was saying that I found Borja's course for free, and well, I thought it was a good deal, and you know, you don't look a gift horse in the mouth, haha. I'm a beginner and I'm looking for an effective system to start with, which I can then refine and adapt to my trading style. I've traded on Binance before, but only with indicators in the spot market, and I know how inefficient that is. I mostly do swing trading, but the system I saw seems much more robust. I don't know if I can apply the same rules but with longer timeframes (Borja's method). What I'm not entirely clear on is what you mean by "ideal setup." Do you mean having the right conditions to enter the market? Thanks in advance!
Hi Felipe,
Everything related to price and volume can be applied to any timeframe you like (however, you should know that institutional trading isn't the same across different timeframes). In my trading, the ideal setup is one that allows me to see institutional signals during the accumulation/distribution process. It's not exactly the market entry I'm looking for, but rather the stop-loss placement and identifying the institutional market's intentions. I'm not sure if I'm explaining myself clearly.
I'm not entirely convinced by Borja's intraday trading, but I think you'd be wise to give it a try. As I always say, every trader is unique, and you have nothing to lose. However, I'll reiterate what I said in a previous comment: if you want to delve deeper into price and volume trading, my recommendation is to familiarize yourself with Wyckoff and Anna Couling. Then you can adapt these concepts to your trading style in whatever way works best for you, depending on the asset and timeframe you want to work with.
Greetings
Hello, my name is Adrian.
I've been looking at the Borjatube Gold method for a year and a half now, and I'm tired of feeling like I don't understand it. In theory, it's very simple, but I have a feeling that something isn't right because I still don't see the trades clearly. Everything is too vague. When they talk about premises, reasons for discarding trades, etc., it's as if you have to create them yourself. There's a lot of subjectivity. A lot of reference to trading psychology and a lot of vagueness. The essential theory is clear, and they explain it to you: relevant volumes that create zones, impulses, pullbacks, volume drying up, etc. But when it comes to executing them, it seems like there are a hundred thousand exceptions, that each case is different, and that everyone chooses their own entry rules. I'm not happy, to be honest.
The four-person Telegram chat is a joke. They answer with monosyllables, 10-second audio messages, or pre-recorded videos they've already posted somewhere. Personalized follow-up is nonexistent. And you lose the desire to ask questions because you feel like you're bothering them. The Telegram channel might have some educational value because you eventually start to understand things, but time passes and the feeling of stagnation remains until one day you realize you're not going to make a living from trading by watching Lorenzo's videos. I don't recommend spending 3,000 euros on this course. For me, it was a disappointment.
Beekeepers drug bees with smoke to extract their honey. The naive bees, after being given a hive and becoming accustomed to the presence of the beekeeper, believe him to be their friend and benefactor. But nothing could be further from the truth, as the only thing he cares about is their sweet and coveted honey, which he painstakingly stores up as reserves for times of scarcity. I was one of those drugged bees who, with a lot of smoke, handed over my hard-earned honey to these two smoke-spreading beekeepers, who then packaged it and are now enjoying its sweetness in Andorra. In my opinion (and I understand that trading is very emotional and, above all, personal, but even so, there are methods and methods), it's as ineffective and misguided as these unscrupulous people are. This doesn't mean I'm going to quit trading, because I enjoy it and I've already taken the first step, but certainly with serious, sincere, and responsible people like Ferran Font or someone like him. But the moral of the story is to run like the wind from snake oil salesmen and charlatan prophets of happiness who only bring deception and disappointment, leaving you poorer and more frustrated than when you arrived. Because that's the paradox: none of those who end up like this are swimming in abundance or have money to spare; that's why they fall for the mirage of the land they promise.
I've been with them for two and a half years. Nothing gold, just the basic course.
It's simple, the method doesn't work. We're dealing with two marketing geniuses. All the videos, photos, and texts they upload are perfectly executed with the sole objective of selling without allowing you to refute anything. The method is straightforward and predictable, and although they base much of it on psychotrading (important in this world), you don't need to spend 10 years meditating in Tibet to apply it. For them, it's a textbook win-win: if it works, it's the method; if it fails, it's you and your demons. The psychological aspect is a safety net they use extensively to protect themselves.
The course is aimed at beginners. Not beginners in the methodology, but beginners in trading and investing in general. Otherwise, it wouldn't be sustainable (they'd run away at the first sign of trouble), so it's crucial for them to continually generate fresh talent. You only have to read the comments within the course or watch the live videos they do every month to realize that all the participants are newcomers.
It's impossible to communicate with the students, and of course, nobody knows how their neighbor is doing, so between that and the lack of information about how the duo of "mentors" operate, you're going in blind, without any verification that this works.
Or worse.
You're constantly being manipulated because if you see anything on Borja's Telegram or YouTube channel, it's all praise. Only positive trades from people who traded at that particular time and it worked out well for them, which leaves you with the feeling that everyone wins, that they always do, and that you're the only fool who missed out on the pie.
Any monkey can make a winning trade at any given moment. They know it, of course, but they also know that the impression they leave on "the staff" is that "this works, and I need to improve." Borja's YouTube channel is a real joke, too, with constant comments like "we had opportunities today" or "the S&P has performed very well these past few days" when he's suffered continuous stop-loss orders during those same days. And he's perfectly content with that. By the way, you'll hardly see any negative comments on his channel. Amazing, isn't it? Like I said, they're constantly manipulating you.
A disappointment, without a doubt. I can only hope that they helped someone with my money and, of course, that life will eventually put them in their place.
I've had the same experience and you couldn't explain it better... Borja, the marketing genius, has run away...
A shoddy and useless method, 500 videos of pure charlatanism that boil down to impulse, pullback, confirmation, pullback then entry, or simply impulse, pullback, entry. There's no feedback loop; when you win, it's because of the method, when you lose, it's because of you. You don't see them trading, they don't guide you, they only show the winning trades.
They always talk about the premises for taking a trade, but what they never question are the very premises of a method like theirs, which they've misinterpreted beyond belief.
Lorenzo is irascible, arrogant, narcissistic, and results-driven, and since he talks about demons, he never confronts the demons of his blatant incapacity and incompetence as a trader and mentor.
They sell it very well to the 20-30 year old YouTubers; emotional trading for hormonal people doesn't seem to be a good fit.
My opinion after hiring them… Okay as a first approach to trading, bad in terms of price, knowledge, honesty. The results are perhaps more my own doing; it's well known that trading isn't a merciful environment, and I'll keep trying with other people I'll find after them, but I repeat… ZERO RECOMMENDATION.
Maybe you're a bit useless and don't know how to operate... and you're just frustrated..