I’m pleased to welcome you to my True Trader Review.
Can you make money with this course?
Is it worth joining Dan Parker’s community?
In this era, tons of low-quality programs have infiltrated the internet, and their main aim is usually to run away with your hard-earned money.
In that regard, it is always paramount to have a handful of information about the program that you want to get involved in to be on the safer side.
It is even more critical when dealing with high-ticket platforms like this one.
At the end of this review, you’ll know the truth behind this course being pitched by Dan Parker.
You’ll also get to know whether this course is a SCAM or LEGIT.
If you do everything right, you’ll end up finding a Genuine Way Of Getting Money Online.
I’m sure you are looking for financial freedom to better your life.
Just like me, I’m not for a 9 to 5 job because it places me in a zero-grazing kind of life.
True Trader platform by Dan Parker is a course that may help to attain that, but there are several things that you need to understand before you can part with your money and invest in such an opportunity.
First, I need to inform you that I’m not affiliated with True Trader Review.
As such, I won’t pitch or sell anything to you here.
Instead, I’ll offer you an informative and honest review; of course, that will go a long way in informing your decision.
So, read on as I break down everything for you…
Summary Of True Trader Review
Name of the Product: True Trader
Type of Product: Day Trading Program
Founder: Dan Parker
Cost: $695 Entry Fee &149/Month
Suitable for? Not for anyone
Recommended: No
Overview
Most people join day trading to make ends meet.
You might also be on your way to joining the course; however, can this course offer you a guaranteed success rate?
Also, how much will you be required to pay to join the platform?
These are some of the questions you need to ask yourself before making the last decision.
Financial freedom sometimes comes with a lot of expectations as well.
For instance, in such programs, if you don’t have more than $20k, you should not bother joining any day trading program.
Dan Parker, the founder of the platform, offers training to his students on using a technique referred to as scalping, which is a practice that leverages small alterations in the prices of currencies by reselling them to earn profit.
It is the direct technique of making money in the trading sphere.
Continue…
And because you’re only hooked to small and continuous trades, you’ll need to inject in a huge volume of money to make the business technique become worthwhile.
In my honest opinion, the whole trading space is comparable to gambling.
No one knows the certainties of the future; whether the stock will go up or down is an issue of wait-and-see.
Essentially, it comes with risk attached.
Of course, most people have made a fortune from day trading, on the flip side, however, many other people have encountered unimaginable losses.
Luckily, the True Trader program trains you to carry yourself and lower the scalping technique’s risk.
However, if you think that such a huge amount is not worth the business model and want to start earning money online, hold on, I’ve got a better way for you.
Creating your online business from scratch without paying a huge upfront cost is possible.
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True Trader Explained
True Trader is a training course that comes with everything you need to start day trading.
Dan Parker, the founder of the platform, offers a masterclass course, day-to-day live stream screen sessions, a scanner with an indicator set that acts as a tool to enable you to get the correct setup for trading.
As per this platform, after you’ve successfully enrolled in this platform, you’ll learn:
- The appropriate time to enter and exit a trade.
- What exactly you should do at a given time.
- The time to relax and wait patiently.
Most day traders will often lose most of their hard-earned money because of a lack of patience.
Knowing when to skip a particular trade deal is one thing and knowing how to do it is another.
At times, the adrenaline, excitement, and hurry associated with day trading can overwhelm you.
Before you can join the trade, you should have this in mind.
Now, let’s go a bit deeper and find out the method that True Trader leverage to help people in making money online.
What Is Scalping?
Scalping allows you to make a small but quick profit that can heap over a duration of time.
Traders usually make money by reselling currencies while taking advantage of the small price changes that occur at different times during the day.
One of the biggest downsides of this strategy is if you make one particular mistake, all your smaller gains will be wiped out in seconds.
For that reason, I insist that you get an excellent exit strategy set in place.
In the absence of the right exit plan, you may end up losing a significant amount of your investment.
The tools set up inside this platform are designed to assist you in ensuring the day trade is effortless.
Better still, you need to possess the willpower to continue buying and reselling currencies in very large quantities.
The more you go long-term, the higher your possibilities of success become.
Sometimes, you might want to start your online business from scratch, and you need a simple guide that will propel you to success.
With the extensive research and experience, I have had with online programs; I can openly tell you that succeeding in online business is possible as long as the right effort is put in.
For that reason, I decided to offer you the below alternative way to make money online with affiliate marketing.
Who Is Behind the True Trader Platform?
The founder of True Trader is Dan Parker.
The problem with Dan is that there is limited information attached to him.
I have personally done underground research to get to know him, but all my efforts have been futile.
The personality doesn’t have any social media association, be it Facebook, LinkedIn, or Instagram.
Besides, the fellow isn’t featured by publications or brokers.
This alone is a red flag and questionable.
Is it worth trusting yet it doesn’t have any trace online?
What about the success he claims to be making?
The fact remains that this personality is not traceable, and the course he claims to offer can also mean that it’s not from an experienced person.
You should always open your eyes and give it a second thought when you see such.
But that is not enough; let’s find out the legitimacy of this program.
Related Post: Fast Fortune Club Review
Is True Trader A Scam?
Of course, I don’t categorize this program as a SCAM; however, it has a lot of red flags that should get you worried.
For example, information about the founder of this program is hard to come by.
Also, the fact that the platform doesn’t have a social media presence makes this program doubtable.
The only environment where you can learn about this fellow is in Entrepreneur or Forbes magazine.
But that should not excite you because the magazines are doing business, and as long as you meet their pricing, you’ll be featured.
But I’m NOT outrightly saying that Dan Parker is doing that.
I’m trying to point out that people can do that.
Secondly, this fellow doesn’t share proof of his earnings anywhere.
Instead, he only points out percentages, which insinuates that nobody has information about the success rate of the course taught by Dan Parker.
Though all that I have said above doesn’t necessarily make the True Trader platform a scam, it still raises eyebrows.
Besides, you’re required to use a huge amount of money to learn and get started with the business model.
If you find that all the information, you’re offered inside the platform doesn’t offer anything helpful, why should you waste a lot of money on such?
After all, unless you can part with a whopping $20K for this business venture, you should seek the other best alternative of earning money online.
And I’ve always stated my stand that starting with affiliate marketing will open many other doors for you.
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What You’ll Find Inside True Trader?
Check out this screenshot to see the educational contents and tools you be offered on the platform:
If you’re a paying member, here are some goodies that Dan Parker’s platform offers you;
Chat Room
With a chat room, you’ll have access to many traders, both beginners, and pros.
Here you’ll be offered advice from persons that have already attained the success you wish to get as well.
Masterclass Course
Suppose you’ve ever learned some basics about trading, then this course might be ideal for you.
But if you are starting from scratch, you can still go for the course that offers basic information about trading.
Trading Platforms
Dan Parker is one of the biggest fans of the thinkorswim trading platform.
The good thing about the platform is that it comes with an intuitive interface that is also easy and simple to use.
Another option you may find on this platform is Lightspeed.
Tutorials
Dan offers a lot of tutorials that demonstrate to you how you can move around this trading arena.
Suppose you want to receive regular updates when someone posts a trade or anything; arrangements can be made.
The Cost of True Trader
You’ll need to part with an entry fee of $695 and an additional $149 every month after sixty days elapses.
You’ll have access to a wide range of tools, training, and videos that can sharpen your skills to become a successful trader.
But you’ll still have to part with a huge amount of money of above $20K to start the business itself.
Does True Trader Offer a Refund Policy?
Yes, True Trader offers you a partial refund policy covering 30 days.
For example, if you decide to go for a 12-month subscription option and opt to cancel within the first month, the platform will lower it to a one-month plan and refund the difference.
That said, let me now break down what I like and don’t like about this platform.
What I Like About True Trader
- Getting started is fast: As long as you have the money at hand, you can start the business immediately once you have access to this platform.
- You’re offered live training sessions daily: In so doing, you’ll remain motivated and educated as well.
- The methods offered inside aren’t that risky: Because you’ll be dealing with little amounts of cash in larger quantities, the general risks are lowered as opposed to other trading methods.
What I Don’t Like About True Trader
- You need to have a lump sum amount of money to start this business: Not all people are willing to risk such a business model.
- It is impossible to prove the profitability of Dan Parker because he doesn’t share any of his payment proof.
- The information shared regarding Dan Parker is limited: This fellow doesn’t share his social media accounts.
That said, if you’re aggressive enough and you want to get started with an online business, you need to check out my best recommendation.
My #1 Recommendation
There are even better and more cost-effective courses for learning how to trade out there.
But from where I stand, I don’t think trading comes without any caveat.
Keep in mind that you’ll have to risk a lot of money to try and make a profit from it.
Think of it this way, what happens after you’ve lost all your savings?
You’ll have no one to blame.
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