Bulls on Wall Street Review – Real Or Scam?

Bulls on Wall Street Review
  • Chat Room
  • Education
  • Advanced Courses
  • Service Value
  • Ease of Use


Bulls on Wall Street is a trading chat room and education service run by entertaining and knowledgeable traders, but is their service right for you? We go over the highs and lows in this review.

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About Bulls on Wall Street

Founded in 2008, Bulls on Wall Street (BOWS) is a day trading and swing trading education and alerts service, set apart by its likeable people and long track record. Almost 10 years is a long haul for one of these services, so they must be doing something right. In 2012, they made an expansion into more thorough, detailed education for new traders, and offer certainly among the most intensive of training services for those looking to get into day trading (and swing trading).


The key people involved are CEO Kunal Desai, who you’ll see the most of by far, and head of the swing trading program Paul Singh, should you choose to sign up for that service. That said, you’ll likely also see Maribeth Willoughby – Kunal’s first student – and Sayed Zaman, a veteran trader and the Director of Trading, around. Zaman provides daily watch lists and market analysis while Willoughby focuses on sales and the education program, mostly dealing with getting newbies settled in.

Kunal himself started trading in 1999 during the dot com boom and has survived and traded successfully in bear and bull markets. According to the BOWS website, he’s spoken at the Trader and Investor Summit, Traders4ACause, and been featured in the Huffington Post, on BroBible, and on Inc.com. Paul Singh’s most remarkable for his trading history – he’s been trading 20+ year and is known for having traded $5,000 into an annual income.

Services Offered by Bulls on Wall Street 

Day Trading Chat Room

The chat room is fairly well organized and generally busy (for better or for worse) throughout the trading day. Kunal Desai is pretty consistently online, at least in the morning around the bell, and other trading gurus are always available and moderating. The chat room is great for finding real-time trade ideas and seeing what moves Desai and the other lead traders are making.

Trade alerts are posted as they’re made and Kunal will narrate what he’s up to as much as possible through live video and audio and screenshare, though it can be easy to get a little lost listening to him if you’re not accustomed to trading and have a hard time multi-tasking. He won’t always say out loud that he’s changed a position, so you’ll have to pay attention so you don’t get caught holding the bag. It can be a bit overwhelming for new traders, but experienced traders will like the room. Desai knows what he’s doing and brings a bit of a sense of humor and entertainment to the experience, which is unique among these services.

BOWS Chatroom

A couple things to watch for: we broadly recommend sticking to the site’s recommended trades, as you never know the motives for ordinary users posting trade alerts. If you know the techniques, you can follow your own gut, but especially as you’re just getting started and mostly piggybacking on trades, it’s wise not to stray too far from the beaten path. Second, this is not a service that’ll will consistently brief you on what’s happened overnight – and a lot can happen overnight in day trading – which can sometimes be a bit confusing for new traders. They may reference stocks that weren’t on the watch list from the night before. Experienced traders won’t mind this so much, but it is a bit unfortunate they do nightly instead of (and not as well as) morning recaps and lists.

Swing Trading Alerts

The BOWS Swing Trading program seems to be one that’s fairly universally well-liked. Singh is a very experienced trader and a good teacher.  Swing trading is much better for those with part time jobs or without a large amount of capital to start trading (since day trading is subject to the $25,000 Pattern Day Trader rule). The program overall feels more relaxed and, frankly, better organized. Not to say the day trading side is disorganized – it can just feel a bit chaotic and cluttered, especially for newcomers. This part of the service is similar to Jason Bond Picks but with more of a technical analysis bias.

With the swing trading program, you get 2-5 stock picks per week; a daily watch list; daily market insights and analysis from Paul; clear alerts sent via email or SMS with entry, exit, and stop-loss levels; and access to Paul (marketed as a Mentorship Opportunity).

Live Trading Courses and Bootcamps

Debatably the gem of BOWS, they now offer (since 2012) live training courses and bootcamps for new traders. The bootcamps, which unfortunately cost almost $3,000, are akin to a college course on trading, with over 60 hours of training and 28 classes taught live via the web. This, in contrast with most programs from similar sites which, though less expensive, usually consist of access to a video library of classes and that’s about it.


In the bootcamp program, you have classmates, homework, access to Kunal and other teachers whereTrading Courses you can ask questions, and a trading simulator where you get feedback on your trades. It’s a much more comprehensive, interactive way to learn trading. The world of day trading comes with no guarantees and you’ll still have to put the work in, but if you’re new to trading and looking to take it seriously – and have found after looking at what you can or doing a test month that you like the educational and trading style of the BOWS team – would be worth the investment.

That said, they do offer other, less comprehensive courses if you’re looking just to dip your toe in the waters of trading or know certain aspects but need more information on others. They offer a free trader assessment to help place you and find you courses that fit your trading goals and experience level.

Educational Material

As well as the live trading courses, Bulls on Wall Street also offers an Intro to Trading Course that costs only $197 or comes free when you sign up for an annual subscription.

This course teaches market essentials aimed at beginner to intermediate traders. It teaches a systematic approach to finding and making good swing and day trades, focusing on, in their words, “managing risk and identifying high-probability trading opportunities”. If you’re not sure about BOWS, you can also view an intro class on market essentials teaching core concepts of trading on the part of the site that sells the Intro to Trading Course. If you don’t like that lesson, maybe this isn’t the service for you. If you do, that’s a good start.

Subscriptions and Pricing

A couple quick things off the top: BOWS offers no trial memberships and no refunds, so you’ll likely want to minimize risk by doing your research and viewing as much of their free material as you can and/or starting off with a month of one of the subscription services before committing to an annual plan or an almost $3k bootcamp.

Subscription Options 

Intro to Trading Course                   

Pricing: $197 or free with annual plan


  • Video lessons in:
    • Market Essentials (also available free on the site)
    • Technical Analysis & Charting
    • Selecting a Broker
    • Trends
    • Flag Breakout Strategy
    • Risk Management
    • Flat Top & Base Breakouts
    • Moving Average Pullback
    • Pullback to Price Support
  • Quizzes/test questions on the above mentioned topics

Day Trade Alerts & Chatroom

Pricing: $139/month if paid monthly

$299/3 months if paid quarterly (~$99.67/month)

$799/year if paid annually (~$66.58/month)


  • 24/7 Day Trading Chatroom
  • Live Trade Alerts
  • Live Video and Audio & Trader Screenshare
  • Daily Watchlists
  • Access to Exclusive Blog Posts

Swing Trade Alerts

Pricing: $99/month if paid monthly

$199/3 months if paid quarterly (~$66.33/month)

$599/year if paid annually (~$49.92/month)


  • 2-5 Weekly Stock Picks
  • Trade Alerts (email and SMS)
  • Trade Profit and Stop Levels
  • Daily Trade Reports
  • Daily Stock Watch List
  • In-depth Market Analysis

Live Trading Courses & Bootcamp

Pricing: Varies, well hidden (you have to give them your email to get pricing information), but by all accounts bootcamp is a little under $3,000


  • Live Web Training/Classes
  • Lifetime Access To Training Materials
  • 60+ Hours of Training
  • 15 Trade Setups
  • Physical Coursebook
  • Trading Simulator
  • One-on-One Coaching & Community Support

Bulls on Wall Street Boot Camp

How Do They Compare To Similar Services?

Value-wise, especially if/when you graduate to an annual subscription, BOWS is definitely near the top. Their alerts tend to be good and the price is comparable to less expensive than other similar services.

The Swing Trading Alerts option is perfect for part-time traders and is as good or better than similar programs on the market. The Day Trading Service, while on the more affordable side, sits closer to the average, but is overall of good quality and value. More experienced traders will largely want to compare the styles of different similar services to see which personality and trading style best suits them.

The educational courses on BOWS are top notch, and the bootcamp and live courses offer a number of features no other program on the market – or few others, at the very least – can compete with. The trade simulator and individualized feedback for the price tag is unique and useful. Similarly, the Intro to Trading Course is well-organized, useful, and at the affordable end of the spectrum for similar services – and the quizzes are invaluable to new traders.

Which Program Is Right For Me?

Experienced Traders

For experienced traders, I’d recommend the chat room only – that is, the day trade alerts & chatroom subscription. You won’t get much value out of the basic educational services if you’re already well-versed, but the trade alerts and watch lists can be handy. The best way to give it a shot is to try it for one month at the monthly subscription level and then switch to annual if you like it. Annual is a much better value in terms of cost, but you don’t want to lock yourself in until you know you like it, since they don’t offer refunds of any sort.

Part-Time Traders

Anyone who can’t watch the market all day should veer toward Swing Trade Alerts. It’s easy to navigate and fits the lifestyle of someone with a full-time job or who otherwise can’t be online throughout the day. It’s also good for those with a little less capital on hand. Basically, it is the casual trader’s subscription, and is well-run by a good trader. There are no flies on this service, so to speak.

Beginner Traders

For those just getting started, I’d recommend either the 60-Day Bootcamp or Intro To Trading Course, depending on how much funding you have at your disposal to begin trading. Whichever you choose – especially with the video-only course – I’d then recommend joining either the chat room or swing trade alerts after the course. Watch and learn to apply the techniques you’ve picked up in the courses.

Pros and Cons


  • Good, clear trade alerts in both their swing and day trading services
  • Educational materials are strong and site is well geared toward learning and new traders
  • Personable, entertaining trade leaders
  • Almost 10 years in business demonstrates a long-term interest in the business
  • Most services are well-priced
  • Lots of free materials on the site to help you weigh whether or not the service might be right for you


  • No big star traders in terms of personal results on the team
  • Bootcamps, which may be the most valuable service to new traders, are expensive and may be out of reach for some
  • The blogs aren’t overwhelmingly interesting
  • Chatroom can be too heavy on the chatter
  • Lack of trial period means you need to buy in to test it out

In conclusion, overall, we’d recommend giving Bulls on Wall Street a try. That said, as with all of these services, it’s about finding the right fit for you, so try out their free materials or a month of the appropriate subscription before diving in. If one of their programs fits your needs and budget, you’ll likely find that they’re funny and capable traders who’ve earned their following for a reason.

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