Interactive TraderReviews of interactivetrader.com

Love it. It helps you in making decisions. Almost bullet proof.

Reimbursement Tip: This is not financial advice. There is no time limit on how long a trade needs to be open for. Open a Robinhood account and buy and sell a call or put option or stock 15 times back to back to back(not in the same day or you get day trade violation) until you have reached a total over $1000. $67 x15 = over $1000 and you meet your requirement. By doing the trade on Robinhood you pay 0 commission fee and as long as you go in and out over and over you stand little risk to lose any of your principal while also accomplishing the goal of getting your $1000 back. Enjoy. I want to start by saying our counselor Dave was absolutely wonderful. We had an elderly man in our group and besides myself, Dave really made an effort to make sure this man was getting help. Unfortunately, this is where my praise of the 2 and half day $997 class ends. I have nothing bad to say about the program, the trading software, or the additional paid classes that total to $33,997. My issue is with the education provided for a paid $1000 intro program. The instructor Stephen was a great sales person and was well versed in how to use sales speaking tactics extremely well. There were several items that Stephen spoke about that he delivered false information on despite being corrected. The first false information he stated was when speaking about what a market maker is. He went on to state that we are lucky here because for example in South Africa there is no market maker. Yikes, you might want to google that one. On more than 3 occasions he referenced the recent trade moves of Warren Buffet stating he had bought 75 million shares of Microsoft. If you are active in the market and are not just a hired speaker how is it, you do not know he purchased APPLE stock. In fact, Warren hates Microsoft. There are so many articles and news channels that covered this that I could understand saying it incorrectly once, but not on all 3 days. I even yelled out you meant APPLE to which he just kept talking. Next up was his brave attempt to use Cryptocurrency to get peoples attention. The slides on cryptocurrency were literally screenshots of the definitions of the coins from Wikipedia or some other site. They didn’t even take the time to adjust the images so that the font was not all squished together; you would have laughed. Next came Stephen’s fatal flaw by stating blockchain has been hacked before. Stephen was clearly not well versed in this technology as it has never been hacked and is likely never to be hacked. There have been ico’s and exchanges that have been hacked but never blockchain. I once again advised verbally that block chain has never been hacked and you are wrong. It is unfortunate that you would be presenting on topics that you do not have a full understanding of. I would suggest googling blockchain hacked as you would have easily known it has never been penetrated. The overall education time during the 2 and half days amounts to about an hour. The rest of the time is geared towards generic topics and a doom and gloom outlook on the world’s future. Stephen would literally go off on tangents for an hour about stuff that had nothing to with trading options. Apparently, he thought 3d printers are something no one has heard of. Day 2 was primarily a full education on what additional courses Interactive Trader offers. The one on one consults are their opportunity to see if you want to purchase the additional classes. I would recommend this class to those looking to fully explore what additional educational programs Interactive Trader offers. This is not a good class if you have a basic understanding of options. It is geared toward the lament person who has no comprehension of the world that we live in and how the stock market and option market function. There were a lot of affluent people in the room that left with myself and everyone had the same comment. “Damn, I would have loved to signup for classes and move forward but they didn’t show us anything of substance that made me go, now those guys know the secret sauce.” Making it worse was how Stephen was almost insulting our level of intelligence on the world we live in with an over the top sales pitch that was designed to leave us feeling helpless unless we spent money to move forward with their program. I think Stephen is probably a highly intelligent person whom I would get along with great but the side I saw this weekend came across as arrogant and I don’t think that was his intention. It was a shame. I hope you guys improve on the delivery of this intro presentation or adjust the expectations of those heading into the class to better match the substance provided. I truly wish you guys the best of luck with the future success of this program and helping to educate the masses. 5-16-2018 update - After looking into the money they offer through Seed Capital I felt the need to add to this post. ***Please do not use them if your intention is to use the multiple credit cards to finance investments. When they advertised this at the event I was very suspect and after speaking with Seed Capital and other credit card companies this is not feasible. Cash advance generally has a setup fee and even if there is $0 cash advance fee they charge you a daily interest rate at the same rate of the credit card. Lets say you went out on your own and did this through PenFed or another credit union they will charge you around 12% a day(this is the lowest companies). That means for every $1000 you borrow you get charged at $120 dollars interest per day until you pay it back. You will never be able to use this as a means of investing funds and the fact that this is pitched during the 3 day class is horrible. Furthermore, in order to get these funds your credit will be run by 6-10 companies on average causing inquires that will destroy your credit in the short run while not providing you funds for what you intended when signing up. These funds can only be used to finance their $34,000 program at which you will be paying Seed Capital a large flat fee and now have to pay back $38,000 minus any cash you laid toward this prior. How is it sound investing advice to put people $38,000 in high interest bad credit card debt, destroy their sort term credit score, and leave them with no money to finance their investing after the classes. Remember to be smart and ask questions before making financial decisions like taking out a magical loan. Hope I save some of your credit scores.

I feel very positive about this experience I learned a lot and I know there's a lot more to learn unfortunately I wasn't able to take the classes but I do encourage others to do so if it's in there possibilities just a little information that was given to us yesterday evening had a positive impact on me I'm trying to build a better future and become self-employed and I know there's a lot to learn so I encourage people to take advantage of opportunities like this to be successful in life

Incredibly impressive! Speaker was great....

The event in Bellevue was very informative. I enjoyed all three speakers. I signed up for your training. Looking forward to it. Event was well organized and on time also. Nice box lunch. Kudos to all.

I really enjoyed this event and thought the guy (Steve) who came on stage and was talking about options and calls and puts was a genius and I leared a lot from him. I am 100% going to be an investor! Why work for money when my money can work for me instead? I only wish though that I already had some money because I l wasnt able to go to the three day class because I'm only 16 and I dont have a job or any money :( But I am going to get some and start invisting right away! :) also, I do wish I was able to buy the software without going to the class but I will find a way :) (to go to the class AND get the software!!!) Thanks so much for this Experiance!!!! :D

The timing was very bad for me. I hooe for another session. Instead of making both on the same day I wish tgere was another on a different day and time

Knowledgeable and personable speakers. Great information. I'm sure it's a little more difficult then they make it sound but willing to give it a try. The rebate sealed the deal. I was turned off by the pretense of limited slots. I'm sure you'll take EVERYONE'S money. I almost walked away when they kept demanding method of payment. I had questions and they said they would answer them later. Gordon was great. Answered all my questions felt comfortable w his answers