Petra Picks Review: Pros, Cons, Is It Legit?

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Last Updated: July 7, 2024

In this Petra Picks review, we will get right to the main details because you have a right to know if a program is worth the money.

We have researched Petra Picks extensively and are ready to share everything we've learned.

Petra Picks offers potential investors information on earning trading profits by investing in stock trading. Becoming a member and taking Petra's classes might be tempting if you've never invested in stocks.

We like to give readers the latest facts, so we revisit our reviews countless times. This version offers the latest details about Petra Picks. You can count on our information to be highly detailed and accurate.

What is Petra Picks?

You're obviously here because you've heard about Petra Picks, which piqued your interest. The company offers a four-week stock trading educational program.

This training can help investors get started with the power trading system. Is it legit?

Your success or failure depends on how fast you learn and what you do with the provided education.

While Petra Picks offers guidance, they do not hold your hand after the initial training. It's up to you to put the information into action when you trade stocks.

Who are the Owners of Petra Picks?

While Petra Hess is the CEO icon behind the training and has developed the materials, there are other names behind this company. Raging Bull Investments is the parent company of Petra Picks.

Jeff Bishop, a professional trader, owns Raging Bull. Jason Bond is also a top leader in the company.

If you have not heard of Raging Bull, you may want to conduct some research. We think you need to know about the parent company behind Petra Picks and what its leaders stand for before making up your mind.

The Federal Trade Commission launched a lawsuit against Raging Bull Investments in December 2020. You should look up the details.

The FTC said Raging Bull defrauded consumers out of $137 million within three years. The lawsuit resulted from Operation Income Illusion, a nationwide effort conducted by law enforcement.

Raging Bull settled in March 2022 and was forced to pay $2.425 million. Although you may say this information has no reflection on Petra Picks, we beg to differ.

If you have this mindset, you should learn more about Petra Hess herself because her record is not without blemishes. Keep reading below.

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The Good, Bad, and Ugly in Petra Picks' Stock Trading World

As a consumer, you should never jump on board with any company until you've researched it carefully. Managing risk means knowing what you're getting into first.
Petra Hess has worked in the business world and with the stock market for many years. She earned a million dollars by 25, a feat most never reach.

It turns out that years ago, Petra worked with a cosmetic company. An owner accused Petra of defrauding the company of over $700,000. We could not find a lawsuit regarding this matter. We will say Petra Hess has never denied the accusation, which is telling.
Reading customer reviews produces shocking information about Petra Picks. Some of them are scathing.

Although she promises to have stock trading skills and to have earned over $2 million from trading, she cannot produce a single shred of evidence that she's telling the truth about her investment portfolio.

We discovered several customer accusations regarding Petra being involved in dumping schemes. Pump and dump schemes are illegal.This scheme involves someone promoting stocks they hold and setting up a frenzy. Is Petra guilty?

The increased demand for the stocks makes their value go up fast. The owner then dumps their own stocks to make a huge profit. Technical analysis of the leaders behind Petra Picks shows this is entirely possible, especially given the lawsuit against Raging Bull. There are a lot of negatives with this parent company.

Is there any good to say about Petra Hess? She says anyone can learn how to trade and see stock trading success if they take her course. She promises you will learn how to trade stocks successfully with her picks review summary offered often. Does she deliver?

You will learn basic trading skills with this program. Petra Hess acts as an investment advisor and successful stock trader, but is she running a pumping and dumping scheme using her students?

We will simply present the evidence and let our readers come to their own conclusions. By the end of this review, you will know everything. Will you learn about trading stocks? Yes. Does Petra Picks offer a proven path? We have our concerns!

This so-called proven system is not working for many students because we could not find any accounts of people making big money from Petra Picks. Petra promises, but does she deliver?

Advantages & Disadvantages Learning to Trade Stocks with Petra Picks

In this Petra Picks review, you deserve to know it all – including the pros and cons. We have already packed a lot of concerning information into this review. Our technical analysis continues below.

Advantages

We will start with the positives, including the following:

Disadvantages

What kind of Petra Picks review would this be if we didn't offer the good and the bad? The following are some of the disadvantages we found in our technical analysis of Petra Picks:

Is Petra Picks a Scam?

By now, you are probably getting concerned about the trading tools offered by Petra Picks. Many people are losing money while using her techniques; some have learned to trade successfully.

Petra Hess does offer a legitimate training course. She brings her expertise to the table, which includes marketing cosmetics. You will learn the training fundamentals, but many people, including reviewers on Yahoo Finance, feel cheated. Petra's easy training may not be as easy to handle without a refund policy.

Her educational program itself is not a scam. You will learn the basics of trading in four weeks, which is what you sign up for when paying. We are concerned about the allegations of pumping and dumping. Are her sell alerts to continue a pump-and-dump scheme with Raging Bull at the helm?

Is Petra Picks Registered?

In this Petra Picks review, we have another piece of bad news for our readers. When you inquire about the power trading programs, you will be shocked to learn Petra Picks readily admits they are not registered as a securities broker-dealer. How is an unlicensed company legally allowed to teach its students how to achieve stock trading success?

You should always read a website's disclaimers before buying. While reading Petra Picks' website, we were deeply concerned to learn that they say students should assume all educational materials offered on the site are untrustworthy. They advise students to verify all information provided. Legal protection or glaring admission?

Program Tiers: What Does Petra Picks Offer?

In this Petra Picks review summary, we want to prepare you for the three tiers of stock-buying education. Will you learn to have a trader's mindset with this trading program, or will you end up in a financial crisis over wasted money?

The gold level is the basic foundation of the trading program. With this level, students receive access to training materials and videos. You will receive text alerts that help you market watch, though these likely won't be about precious metals.

The platinum level is the next step up from the gold program. With the platinum level, students receive invites to participate in Petra's live webinars, which are held throughout the year periodically. You can get the market leads you need for your broker account with video stock watch lists.

The power trading programs last four weeks. You will be trained on the following topics. Whether they will help you increase your net worth remains to be seen. Remember, there is no refund and cancellation policy even if you feel cheated by the program.

  • The Trader's Mindset
  • The Foundations of Technical Analysis
  • Risk Management
  • Putting All Three Into Action

What Does It Cost?

Buyer, beware, the costs of all three programs are very high. Remember, they do not set you up with a trading platform. You are on your own outside of the daily stock alerts.

Petra Picks also promises a million-dollar options strategy, but we fear you would lose money rather than gain. The goal is to increase your net worth, not lose cash.

Our Final Word: Think About Risk Management

While there are some unique benefits, such as learning about Canadian stock markets, we are concerned about this company. We do not believe Petra Picks is a trustworthy educational program.

There are just too many negatives and too many possible risks. We cannot recommend them! If you want to learn to invest in stock trading, there are far better educational sources out there. Be careful with Petra Picks. We do not want our readers scammed.

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