By: Jeremy Biberdorf
April 12, 2023
TheoTrade is an online trading education platform that provides traders with a range of tools, resources, and strategies to help them become successful traders. The platform offers a range of features, including trading simulations, options trading strategies, a trading chatroom, and a community of traders.
But is TheoTrade legit? In this article, we’ll take a closer look at the platform and evaluate its features, customer service, and overall legitimacy.
Learn More About TheoTrade
Company Background and Founders
TheoTrade was founded by two professional traders, Don Kaufman and Doc Severson, who have extensive experience in the options trading industry.
Don Kaufman is the Head Trader and a probability trader who has been trading options for over two decades. He is the author of the book “Theoretical Trader” and has a wealth of experience in trading strategies. He is also an experienced educator, having taught options trading courses for several years.
Doc Severson is an options trading expert who has been trading for over 20 years. He is a former professional options market maker and has a deep understanding of options trading strategies. He is also an experienced educator and has developed a range of trading education resources and courses.
Together, Kaufman and Severson have developed a comprehensive trading education platform that is designed to help traders of all levels improve their skills and become more successful in the markets.
TheoTrade was founded in 2016 and has quickly become a popular platform for options traders. The platform’s focus on educational trading strategies and its community of experienced traders have helped it stand out in a crowded marketplace.
The background and experience of TheoTrade’s founders are impressive and provide traders with confidence that they are learning from experienced professionals with fantastic track records in the stock market. The platform’s commitment to education and support has helped it build a strong reputation among traders and investors.
Is TheoTrade Worth it?
If you’re looking to improve your trading skills and become a more successful trader, TheoTrade is a platform that’s worth considering. It offers a range of tools and resources that can help traders of all levels learn and apply proven trading strategies.
What sets TheoTrade apart is its focus on educational resources for a range of topics, with a team of instructors each having a special focus, and its community of experienced traders who are available to provide support and advice. The platform’s trading simulations in conjunction with the training and expert guidance can help traders improve their skills and become more profitable.
While no trading education platform is a guarantee of success, TheoTrade’s commitment to user privacy, its experienced customer service team, and its cost alerts service are all positive features that add value to the platform.
If used correctly, TheoTrade can be a worthy investment for traders who are looking to learn and apply proven trading strategies. It’s important to keep in mind that trading is inherently risky and requires careful research and due diligence. However, with its comprehensive trading educational content, trading simulations, and community of traders, TheoTrade can provide a solid foundation for traders looking to improve their skills and become more successful in the markets.
One on One Coaching
TheoTrade offers one-on-one coaching sessions for traders who are looking for personalized support and guidance. The coaching sessions are conducted by experienced traders and are tailored to the individual needs of each trader.
During the sessions, traders can discuss their trading goals, strategies, and challenges with an experienced trader. The coach can provide feedback, advice, and support to help the trader improve their skills and become more successful in the markets.
The one-on-one coaching sessions can cover a range of topics, including trading strategies, risk management, technical analysis, and market trends. The coach can also provide guidance on how to use TheoTrade’s trading education program and resources to improve trading skills.
The coaching sessions are conducted online, which makes them accessible to traders from anywhere in the world. Traders can schedule coaching sessions at a time that’s convenient for them, and the sessions can be customized to meet their individual needs.
Trading Chatroom and Community
TheoTrade’s trading chatroom and community of traders is another key feature of the platform. The chatroom provides traders with a forum to discuss trading strategies, ask questions, and share insights. The community of traders includes a range of savvy traders and experienced traders who are available to provide support and advice to other traders.
The chatroom is moderated by Head Trader Don Kaufman, who is also a probability trader and the author of the book “Theoretical Trader”. The community of traders includes a range of options trading experts who are available to provide guidance and advice to other traders.
Trading Education
TheoTrade does not provide investment advice to traders. Instead, the platform focuses on providing traders with the tools, resources, and strategies they need to make informed trading decisions.
From a range of trading education resources, including videos, webinars, daily video newsletter, and live trading sessions. The platform also offers a range of trading simulations that allow traders to practice their skills and test their trading strategies.
The platform focuses on providing traders with a range of options trading strategies that have been tested and refined over time. This approach provides traders with a solid foundation for their trading strategies and helps them avoid common pitfalls and mistakes, which can be invaluable to a new trader.
Final Thoughts – Is TheoTrade Legit?
After a closer examination of TheoTrade, it’s safe to say that the platform is legit. Its founders, Don Kaufman and Doc Severson, have impressive backgrounds and experience in the options trading industry. They have developed a comprehensive trading education platform that focuses on providing traders with the tools, resources, and strategies they need to make informed trading decisions.
TheoTrade’s commitment to education and support has helped it build a strong reputation among traders and investors. Its trading simulations, one-on-one coaching sessions, and trading chatroom and community of traders provide traders with the opportunity to improve their skills and become more profitable in the markets.
However, it’s important to remember that trading involves risk, and there is no guarantee of profitability. While TheoTrade can provide a solid foundation for traders looking to improve their skills, it’s up to each individual trader to do their own research and due diligence before making any trading decisions.
If used correctly, TheoTrade can be a worthy investment for traders who are looking to learn and apply proven trading strategies. With its range of options trading strategies, trading simulations, and community of traders, TheoTrade can help traders improve their skills and become more successful in the markets. Click here to get started today!
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