Triforce Trader Review – Is Matthew Owens the Real Deal?

Triforce Trader Review
  • Price
  • Quality of Education
  • Credibility of Educator
3.8

Triforce Trader is a trading subscription and education service run by 28-year old Matthew Owens. Owens rose to prominence after claiming that his subscription to Superman Trades lead to him becoming a millionaire through trading. Early on in Owen’s trading career, he lost about 35% of an inheritance he received and reportedly turned these losses around through the help of Profit.ly and Superman Trades. In this Triforce Trader review, we’re going to take a look at Owens as a trader, as well as his training.

Starting out as a basic technical-based trader, Owens has broadened his horizons to include algorithmic trading and trading across various asset classes like treasury notes and futures. He now sells subscriptions to the signals that his algorithms create. This act is generally frowned upon in the trading world. The line of thinking goes, that if you develop a trading algorithm with significant edge, you can either raise money to run your own fund with it, or sell the algorithm to a quant fund like Renaissance Technologies. While this doesn’t necessarily indicate that Owens’ algorithms have no edge, it is worth thinking about why he is selling signals instead of raising money to trade them at scale.

Who is Matthew Owens AKA Triforce Trader?

matthew-owens

Matthew Owens has a story similar to many young successful traders, he was fresh out of a college, working a job that he didn’t love as a property manager, and fell into trading. Unfortunately, Owens’ mother passed away when he was at a young age and left him an inheritance. This inheritance provided him with his starting bankroll for trading. Going in optimistic, Owens lost close to half of his stake in two month’s time. It was after a period of introspection that he decided to improve his trading and give it another go. This when he found Timothy Sykes, and later, Superman Trades. In Owens’ words “the rest is history” after taking Superman Trades’ crash course.

Matthew Owens Track Record

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Owens is one of few traders who actually advertises his trading performance. According to his sales page on Profit.ly, Owens had a 600% return in 2014, and a 100% return in 2014. While these metrics aren’t backed by audited brokerage statements, I tend to take Owens on his word because of all the liability one exposes themselves to when being misleading about performance in the financial services space.

Training

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Owens trading strategy is a combination between macroeconomic-based fundamental analysis and technical analysis. This approach is strongly influenced by Owens’ mentor, Superman Trades, who has a background in corporate finance.

Owens has two training courses, Triforce Training parts one and two. The first goes over the fundamentals of trading and financial markets, and the second goes more in depth, showing students how to get creative with data and begin to test their own hypotheses.

Technical Approach

triforce-chart

I can tell when listening to Owens’ introduction to technical analysis, that he deeply understands the concepts he is speaking about. Instead of focusing on charts, data points, and indicators, he begins talking about market participants and their psychology, market equilibrium, and other insights part of what one might call “market macro-structure.” It’s a breath of fresh air to see a guru that actually understands the market and why price moves. A quote from one of his lectures that I identified with was “an indicator is only as good as the driving force behind it. Trading just based off of technicals will only frustrate you. Technicals are only here to guide you.”

With that aside, Owens’ concrete trading strategy is based on the Ichimoku Cloud. This is a past and forward looking indicator that forecasts whether a market is trading in bullish, bearish, or neutral territory. The indicator is wildly popular among Asian currency traders and never gained much traction in the West. Put simply, Owens simply trades breakouts and breakdowns of the Kumo line on the Ichimoku Cloud. Of course, he doesn’t make these trades without an underlying reason or catalyst.

Fundamental Approach

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Owens’ fundamental approach to trading more catalyst-based, as opposed to traditional financial statement analysis. Here’s a few fundamental-driven catalysts that Owens might trade off of:

  • Bullish earnings run up
  • Stock historically runs up before earnings and has the metics Owens looks for (revenue growth >10% YoY and upward EPS growth trend)
  • “Theme Plays”
  • Owens combines more traditional fundamental analysis with macro themes like the emergence of big data, AI, 3D printing, etc.
  • Press releases
  • Companies announcing the acquisition of a new client
  • New product releases
  • M&A announcements

Closing Thoughts

I must admit, that based on his background with Timothy Sykes and Profit.ly, I didn’t have high sky-high expectations for Matthew Owens as a trader. However, after taking his training, learning about his story, and watching his interviews, I was pleasantly surprised. Compared to most short-term traders, Owens has a much deeper understanding and appreciation for financial markets in general, as opposed to eeking out profits through one trading niche (which there is nothing wrong with at all).

With that said, I think Owens’ pricing is quite high for training, at $2500. If you’re a hard worker, and truly interested in learning, you can get a few dozen great investing, trading, and market history books for $100-$200. It will take much longer, but you’ll end up as a more well-rounded, more intelligent market participant.

This is a sentiment I find myself repeating over and over again in these articles, but whether or not one of these training courses is worth it to you is completely relative. If you’re a college student who makes $1500 per month at a part time job and a $2500 trading account, it’d probably be a really bad financial decision to buy a course like this. On the flipside, if you make a few hundred thousand dollars per year, your time is worth a lot of money. Spending all the extra hours reading the books to learn your market fundamentals isn’t worth your time.

6 thoughts on “Triforce Trader Review – Is Matthew Owens the Real Deal?”

  1. Thanks for reviewing my content. I appreciate all the time and effort that went into it. However, Part 1 comes with a discount code, which you could have asked for. This would have knocked down the price to 1.5k. 1.5k/30 hours of content, plus homework I grade…..Pretty cheap. Secondly, your review also lead me to the next question, what do you think the education is worth? I never know. I do it based on my time analysis. Third comment is Superman was my mentor but him and I trade completely different. I use Algos and data to make my decsions. He is a discretionary trader. Fourth comment is, considering your review and some others, I have removed my products from Profit.ly. Thanks again for taking the time to review my stuff.

    Reply
  2. I’ve watched Triforce Trader for about four years now and I think he has A+ content. I would give him all 5’s but if I had to compare him to other educators I would give him a 10 because most of them are horrible. I did not take triforce training but I was part of his watch list for quite a while. I learned more than most just being apart of that. He may be tough on you so be prepared to have a tough but fair educator.

    Reply
  3. I bought the course TT2 when it was first offered in 2018. It was $2500 for lifetime membership to the course. NOT WORTH IT AT ALL. It was Very poorly organized. I had been interested in his approach to his algorithm trading based on seasonality. He Did not reference anything like that in his pseudo course and became very defensive and angry when other purchasers would ask if we would go over anything like that. Everything he offered was purely anecdotal.

    To add salt to the wounds I got an email in 2020 saying he was ending Lifetime Membership to the course. What a scam!

    Reply
    • No one understands what you are saying Juan. Your comments are coming from a place of anger, which instead of talking to me directly, you are posting on a forum. I also looked up the name Juan. There is no one who has TT2 under the name Juan. So what is the truth? Either way please email tirforcetrader@gmail.com. I would be more then happy to give you a refund even after all this time. Otherwise, dont go spreading lies. I dont need your money. In the future email the people directly.

      Reply
      • Actually, Tri-force , Juan is honestly correct. He made a valid point and all you are doing is making a comment out of place of anger.

        Reply

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