True Trader is the all-in-one trading solution that makes it easy to track your stocks, forex and cryptocurrencies. It automatically tracks over 40 indicators like volume, volatility and sentiment analysis to give investors an edge when making trades. With its powerful mobile app users can trade even while on the go!.
TrueTrader.net’s pitchman is Dan Parker. In a YouTube commercial, he claims to have recently wrecked his BMW M3. He, on the other hand, is unconcerned. Why? Because he earned enough money to purchase two of those automobiles within 15 minutes of the stock market opening. “Over the previous ten years, I’ve improved one approach that enables me to generate a steady income Monday through Friday in the first hour of the market opening,” he adds.
UP NEXT: How Does This Compare To Stock Day Trading?
As the commercial progresses, Dan emphasizes that he does the polar opposite of everyone else. He shorts highs and buys lows instead of purchasing at highs and selling at lows. He offers you to take a free one-hour day trading video training, which will lead to an offer for TrueTrader Essentials Plan 2021, their flagship program. It contains stock, options, psychology, and risk management classes, as well as live broadcasts, chats, SMS alerts, and other forms of help.
Signing up for the True Trader Essentials Plan 2021 costs $695. After that, you receive two months of free unlimited access to all of the trainings and tools. It’s $149 every month after that. “Work to Live” is the True Trader credo. They’ll show you how to profit within the first 60 minutes of the opening bell, so you can go on with your life instead of being tethered to your computer all day.
Despite their outrageous advertisements, I admire True Trader’s deal. It is reasonably priced. Comprehensive. There are no exaggerated earnings claims. The Better Business Bureau has given them a 4.69 (out of five star) rating. Trustpilot has given us a 4.7 (out of five) star rating. Aside from that, there are dozens of video testimonials from current members. The most common criticism I heard was that it caters to rookie traders rather than intermediate or expert traders. Scroll down to find out more.
On Trustpilot, Sean Higgins commented, “I’d say True Trader is an excellent professional organization, but for novices.” “They have a lot of good stuff, albeit some of it is hard to discover.” The chat rooms are rather nice, but don’t anticipate any special treatment if you purchase the course and learn nothing new. I wouldn’t call myself a market expert, yet I can honestly state that I learned nothing valuable from this. So, bye-bye, cash. For me, it was worth the risk, but it’s only a course I’d suggest to a newbie who wants to stick with a group for years.”
Overall, the True Trader Essentials Plan 2021 is well worth your attention if you want to learn how to day trade in a time-efficient way. The model itself would be my sole criticism. Who knows what the true figure is, but according to various web sites, just around 1% of day traders make a profit. I’m not sure why you’d pursue anything with such little chances.
Instead, you could throw any extra money you have each month into an Index Fund that mimics the S&P 500, hold for the long-term, and almost guarantee, what, an 8% return? Or, if that’s too boring, do what I do: go all-in on a company you believe in, like Apple. Which I’ve already doubled my money on. Most importantly, I spend all my time trying to boost my monthly income running a business with a much higher success rate. For details, click below.
ANOTHER OPTION: How to Rent Small Websites
Katie Smith: Watch this brief video if you want someone who will tell it like it is, respect your time, and show you a company that could really work for you.