In this Real Life Trading review, we will explore what to know before subscribing to Real Life Trading, an online community of stock traders established in 2014 by Jerremy Newsome. Real Life Trading distinguishes itself from other platforms by offering multiple trading courses free of charge, focusing primarily on day trading and swing trading strategies.
With the increasing number of trading platforms available, choosing the right one can be daunting for new and experienced traders alike. Real Life Trading positions itself as a valuable resource in this crowded space, offering not just trading education but also a community for traders to engage and learn.
For those considering diving into the world of online trading or looking to enhance their trading skills, understanding the benefits and offerings of Real Life Trading is crucial in making an informed decision. Read on to find out if a Real Life Trading subscription is right for you.
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What to Know Before Subscribing to Real Life Trading
Before choosing to subscribe to Real Life Trading, you’ll need to understand the benefits, drawbacks and cost, but before I get into that, let’s establish exactly what Real Life Trading is.
What is Real Life Trading?
Real Life Trading is an educational community and online platform for stock and options traders, established in 2014 by Jerremy Newsome. This platform is recognized for its comprehensive range of educational courses, mentoring services, chat rooms, and trading conferences, catering to various trading styles including day trading and swing trading across stocks, options, futures, and cryptocurrencies.
Real Life Trading adopts an inclusive approach to education, making it an ideal resource for traders at any level, from complete beginners to more experienced practitioners. The platform currently offers six free online courses, accessible by simply providing a name and email address.
Beyond these free resources, Real Life Trading also provides a range of premium services, including specialized courses, masterclasses, and personalized mentoring programs. This variety of offerings makes Real Life Trading a versatile platform for anyone looking to enhance their trading skills and knowledge.
Benefits of Real Life Trading
Of course potential users want to know what Real Life Trading brings to the table before deciding on subscribing. Here is my breakdown of the most powerful positives you can expect from Real Life Trading:
- Wide Range of Online Courses: Real Life Trading provides a diverse array of courses for all experience levels, from free beginner courses to advanced paid options. Topics include day trading, swing trading, futures, and cryptocurrencies, enabling traders to learn at their own pace and expand their trading knowledge.
- Interactive Live Trading Rooms: Real Life Trading offers live trading rooms, such as the Morning Day Trade & Beginner Day Trade Room and Afternoon Swing Trade Room, where traders can interact with instructors and peers for a real-time trading experience.
- One-on-One Mentoring: Personalized mentoring sessions provide direct instruction from experienced traders, enhancing the learning experience with live Zoom sessions that cater to individual needs.
- Dynamic Trading Conferences: Regularly hosted trading conferences offer opportunities for in-person learning, networking, and interactive workshops with Real Life Trading instructors and fellow traders.
- Engaged Trading Community: The platform boasts a vibrant community where traders can join a private Facebook group, engage in discussions, share insights, and receive guidance from seasoned professionals.
- Emphasis on Trader Mindset: Recognizing the importance of psychological factors in trading, Real Life Trading provides resources to cultivate a strong trading mindset, crucial for decision-making and emotional management.
Drawback of Real Life Trading
Before deciding to subscribe to Real Life Trading, we have to look at potential negatives as well. Depending on your exact situation, here are some drawbacks I think you should consider:
- Cost Considerations: While Real Life Trading provides valuable educational content, the platform can be quite costly, particularly for those opting for private coaching or advanced courses. It offers a free plan with basic classes and a paid subscription with advanced features like a 90-day masterclass and professional mentorship. The cost might be a barrier for new traders or those on a tight budget.
- Limited Trading Styles and Markets: The platform primarily caters to day and swing trading in the US stock market. This focus may not align with traders interested in other markets or preferring long-term investment strategies. Although Real Life Trading provides some resources for forex and options trading, these are not its primary offerings.
- Limited Community Access for Free Users: Free users have restricted access to the community of traders. Full interaction with profitable traders and mentors, including access to private Slack channels, requires a paid membership.
- Not Ideal for Long-term Investment Learning: Real Life Trading focuses more on day and swing trading, making it less suitable for those looking to learn about long-term investing strategies.
Real Life Trading Pricing
One of the most important factors when deciding whether to subscribe to anything, especially a financial product, is the cost. Real Life Trading offers many free courses as well as paid. Here is the cost of individual courses, at the time of writing this:
- Beginner Trading Course: FREE
- Intermediate Trading Course: FREE
- Advanced Trading Course: FREE
- Kids Course: FREE
- Futures Trading Course: FREE
- Trading for Young Adults Course: $49
- Intro to Options: $99
- Backtrading Course: $199
- Crypto Currencies Course: $395
- Real Estate Course: $395
- Hedging with Options Course: $399
- Increase Your Net Worth in 2 Hours per Week: $399
- Algo Trading Course: $495
- Day Trading Snapback Masterclass: $495
- Credit Spreads Masterclass: $495
- Volume Profile Masterclass: $495
- Transformation Masterclass: $499
Real Life Trading also offers an all access pass for $275 per month.
As we conclude this article on Real Life Trading, it’s essential to consider what to know before subscribing to Real Life Trading. With its comprehensive range of free and paid courses, Real Life Trading caters to various levels of trading experience, from beginners to advanced traders. The platform’s emphasis on day trading, swing trading, and its array of specialized courses like crypto and options trading, make it a versatile choice for those looking to enhance their trading skills.
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