During my free trial, I felt True Trader team has the potential for walking through set ups and making good calls but I would prefer if a platform interface such as Webinato would be used in order to make the calls more clear to distinguish as few moderators daytrade simultaneously.
Thus, I think fewer calls like 5 to 7 would be ideal for members to focus on and bé able to follow.
Otherwise no doubt that you guys know what you are doing and are good at it.
Just pointing out this from a member's perspective.
Thanks in advance for your understanding.
Cheers!
Sohail, from France
Response from TruetraderJan 25, 2024
Hey Sohail, thanks for taking the time to review us! Our livestream is where our professional traders actually do their work. We can understand how the rapid-fire style can be overwhelming when opportunities start flying! Thank you for your feedback on how we can make things better.
GR
Gene R.
Not much to say at this point need more time
9 30 to 10 is a fast market
It be nice to know the entry points, stop, and exits clearly
I find it hard to follow...
Example the market on the nqs was running and everyone was bs about non trading.... On a Friday.... You asked.
CB
Chandrashekhar B S.
Not bad but not great!
I took this membership for an year. I would say they are really nice and friendly staff. They answer any questions and their contents are really educative. However, when it comes to profit, their technique works sometimes and I have lost money couple of times. When things go wrong, they didn’t have a good strategy to minimize the loss. I’m not sure if they revised that now. If you want to associate with Truetrader I wouldn’t risk more than 5 percent of my portfolio.
Response from TruetraderAug 4, 2021
Hey Chandrashekhar,
Thanks for the review and your open feedback. It really helps us understand how we might improve. A lot has changed in the last year and one of the areas that we've massively bolstered is our Risk Management content to help mitigate risk and preserve capital. We felt it was such an important topic that we actually made it free. You can review here. https://truetrader.net/really-understanding-risk-management/
Our strategy, which includes identifying emotional "knee-jerk" reactions in the market is something that takes time to intuitively understand. We'd love to hear directly from you and find out where you might have struggled. It's a powerful low-stress tool that works over 75% of the time for us over 800 recorded real-money trades. Even if you don't sign up again, we'd love to hear from you as a former member and try to work with you anyway. Just hit up [email protected] with the email you used to signup (this review isn't verified by Trustpilot unfortunately) so we can find your account.
Thanks,
Benito
ZS
zSha
Need to study A LOT.
Need to study A LOT.
3-Stars b/c I have barely scratched the surface of the training TrueTrader offers. I am sure there will be massive amounts of infomation to learn and gain from. Will change the rating as I get more involved in their program(s).
Also, this is a REAL person. I have indeed paid for their course. As a matter of fact, I have 5x different programs I have paid for and subscribed (day trading, options, crypto, Fool, etc). I did my due diligence and these guys are one of the five I have invested to learn from. and yes, my learning shall cost me over $15k, but, it will all be worth it. Spend money to Make money.
Thanks!
EA
Eagleeye
Nice learning environment and lots of…
Nice learning environment and lots of information. Monetizing channels is a bit of a turn off though. Otherwise, still learning.
BR
Brad
Over promises and under delivers
Over promises and under delivers. This is not all bad as one must not allow marketing to create unrealistic expectations. The daily pro chat room will sometimes go for multiple days without Dan taking a profitable trade in my opinion. However he is not a scam. As others have said..not for newbies who must know cash is a position. I did see on reddit search on this group that the exact same name and review on their website was also on another trading groups website .. so did some research and it appears some looseness was used in setting up initial reviews according to my research. It is also true they will give you compensation for a review after two weeks in the service so one must ask why is that needed? Key point ..if sign up...take masterclass 3 times before trading.
Response from TruetraderAug 1, 2020
Thanks for your review Brad. We definitely try to pack a ton of value into our service. As you know by now we are only interested in A++ setups. Protecting capital is the primary motivation. So knowing when NOT to take a trade is as vitally important as knowing when to take a trade
I would encourage you to follow all the pros while you learn (chat and live stream). Members who learn the strat and our scanner reported not even watching the stream anymore as they've mastered self-sufficiency (our goal for you).
I truly hope the balance of your membership with us is productive and profitable! See you in there.
TT
Tsegai T.
I am trying to like TrueTrader
I am trying to like TrueTrader, gain the knowledge and become a better trader...however, it has to work out for me. The chatroom are too many and difficult to select which one work for me.
Also, i get report every morning but on the daily zoom ... what Don and other talk are somewhat different stocks...and that has created somewhat of a dissatisfaction. I think there is a some improvement needed. For a new starter like me the information provided is overwhelming and i get lost on how to start and be effective. This is my true opinion and i hope it helps you guys to implement some changes.
Response from TruetraderJul 24, 2020
Thank you so much for your comments Tsegai. We absolutely understand where you are coming from. We offer several options for different trading styles and it can be challenging to find the right one when you're new.
If you don't mind, i'll have someone reach out to you to help you find a path through the content.
Thank you again for your honest words. We really find them helpful!
TM
Tamarah M.
Read this ONLY if you are a relatively inexperienced trader considering subscribing to this service...
I have only been a member for about two weeks, but here is my experience so far - This is not geared for beginners. If you don't have the money to invest in a full year, then I would not subscribe until you have developed yourself as a trader. If you've never shorted a stock, done any kind of technical analysis or used an actual trading platform aside from Robinhood, then expect to spend a huge amount of time doing your own research. Which is why I wouldn't recommend getting a one month or even three month subscription. And if you know that on the front end then do yourself a favor- take in as much YouTube/free content as you can and learn as much as you can before you invest in any kind of paid service. If you are serious about wanting to commit to learning how to trade and you are willing to put in 3-5 hours a day on your own then you can make it worth your while, but it is a lot of work getting up to speed. Now, that being said, the people who run this service seem to genuinely care about the success of their membership and appear to be actively trying to create content for newbies, however, as of right now the information geared towards a true beginner is still being developed. There are lots of people who are there to answer questions but again, learning the ropes will take time. So if you are thinking that you will be able to subscribe and start making real money the next day, you may be disappointed. This is more of a journey than a get rich quick vehicle- which is unfortunately how the advertisements come across. I say all of that just to say, I think there are good people behind the service, the program seems like it can be beneficial, but do not spend the rent money you owe your roommate this month on a hope and prayer you're gonna get to quit your job and retire rich immediately upon implementing some magical trading strategy. Do subscribe if you have the money, time and discipline to commit to becoming a better trader.
Response from TruetraderJul 3, 2020
Hey Tamarah! Thanks for your thoughtful review. We're are working on a ton of beginner-friendly tools and content that we hope will better on board absolute beginners. (e.g. New Member orientation webinars, knowledge-base with AI-driven answer bot, and our upcoming Foundations Course to name a few) As you said, we definitely work hard to make sure everyone is helped.