How is Thomas Kralow’s Trading Program For Beginners – Is it Worth Pursuing?
After working my way through Thomas Kralow’s University Grade Trading Education Program and reviewing it in detail, I’ve received quite a bit of questions about whether or not it’s legitimate – and if it is – whether or not it’s a good fit for beginners.
And to put it plainly – my answer to both of these questions is yes – Thomas Kralow’s program is indeed legitimate and a good fit for beginners (generally speaking). But I don’t want anybody to get the wrong idea – it’s not some sort of get-rich-quick program.
If you want the program to produce favorable results, you still have to put hours of time and effort into learning, training, testing, demo trading, refining, etc. In other words, you won’t be spoon-fed trading profits just for making the purchase.
I understand that this might scare some people away from pursuing it. After all, people don’t often seek out endeavors that sound hard (which explains the existence of get-rich-quick programs). But if you want real trading success, this program can help.
There are no guarantees because much of your success will come down to your own personal effort, passion, and perseverance – not just the curriculum and mentorship offered within the program itself. But components are certainly in place for your success.
Top 5 Reasons Why Thomas Kralow’s Trading Program is a Great Option For Beginners:
Here are 5 detailed reasons why I think Thomas Kralow’s University Grade Trading Education Program is well-suited for beginners:
1. Proper Expectation-Setting Right From the Start
Just by looking at Thomas Kralow’s website, you can see that his trading program is different than most others in the industry. It’s not a one day course offering get-rich-quick promises. Instead, it’s a 5-month program that’s honest about the time and effort required:
“Trading is not easy”.
“Trading is a marathon and not a sprint”.
“I prepare my students to face the brutal realities of the financial markets”.
“There are a lot of topics to cover besides dry technical analysis”.
“There is no simple pattern or structure that will continuously make you money”.
This is extremely important because a large number of so-called trading gurus out there essentially set their subscribers/students up for failure with ridiculous profit proclamations and false promises. As a result, most people go in expecting fast, easy results.
Some individuals even go so far as to quit their jobs under the assumption that these gurus can make them rich in extremely short periods of time with their buy & sell alerts, fancy indicators, or foolproof strategies. It’s utter nonsense and downright cruel.
But this isn’t how Thomas Kralow’s trading program operates. In fact, in the very first chapter he explains how a 40-50% win rate is normal for even the very best traders and that no strategy/system works 100% of the time. His honesty is seriously refreshing.
2. Strong Focus on Trading Mindset/Psychology
Individuals new to trading often go on fruitless searches for some type of holy grail – a specific pattern, indicator, or system that will produce gigantic profits like clockwork – without any drawdowns. Just a straight line equity curve from bottom left to top right.
But this type of perfect system just doesn’t exist. There will undoubtedly be losses (and sometimes streaks of losses) along the way. So if you have a compromised mindset in regard to loss, risk, change, and uncertainty – then you’re in for a bumpy, painful ride.
The reality is that trading requires a substantial paradigm shift for individuals who truly want to achieve consistent, long-lasting success in the markets. A shift from certainties to probabilities – and from money to the process. It’s not optional – it’s required.
Thomas Kralow highlights the subject of proper trading mindset in chapter 2 – and continues to reiterate the importance of it throughout the entirety of his program. So proper expectations and trading psychology serve as a one-two punch right from the start.
3. Covers a Comprehensive List of Topics That Build on Each Other
The breadth and depth of Thomas Kralow’s trading program is another aspect that stands out. Short and lousy trading courses that cover technical analysis are easy to come by, but simply aren’t enough to generate durable success – there are many other factors.
It might be easy on our minds to think that understanding basic terminology and concepts like candlesticks, trends, and support & resistance are all that’s necessary to succeed. But in reality, these concepts are only introductory building blocks.
In fact, Thomas Kralow offers a Shortened Program that skips over these beginner technical aspects entirely. Many trading courses teach this sort of introductory material as if it alone will turn beginners into consistently profitable traders – but it simply won’t.
- What is in Thomas Kralow’s Complete Trading Program?
- Thomas Kralow Course Details – Basic, Shortened, and Complete
In Thomas Kralow’s program, there’s a clear method behind which topics get shared and in what order. It’s a carefully crafted curriculum that covers proper expectations, trading psychology, indicators, key levels, risk/money management, statistics, and more.
4. Homework Assignments and Tests Help Turn Information Into Skills
Proper expectation-setting, trading psychology, and receiving a comprehensive education are important – don’t get me wrong. But if there was any one concept for beginners to understand, I would want it to be this – information is not the same as skills.
What I mean by this is that plenty of individuals have learned about trading, but still can’t trade. Free information on various trading terms and concepts isn’t hard to find online. But there’s a massive difference between theory and practical application.
I often like to compare this concept to professional sports. For example, I bet you can find plenty of information online about how to swing a bat and throw/catch a baseball. But is reading articles or watching videos going to get you to the major leagues? No.
It can be helpful, sure, but you still have to put in hours of deliberate practice in order to build skills and be effective in live game situations. Thomas Kralow’s homework, quizzes/tests, and demo trading assignments allow students to turn information into skills.
5. The End Goal is the Development of Your Own Rules/Systems
One of my favorite aspects of Thomas Kralow’s program is the ultimate goal of each student developing and refining their own “personal trading algorithm” – as he calls it. In other words, every single student is given the tools to create their own systems.
There are far too many trading services out there that offer alerts, hot picks, chat rooms, and watch lists, for example. But in my opinion, these types of services tend to breed dependency over self-sufficiency – and dependency in day trading is often disastrous.
- Thomas Kralow Trading Reviews – Is Thomas Kralow Legit?
- Why Students Pay Up to $20K For Thomas Kralow’s Program
You simply have to build your own approach based on personal schedule, risk tolerance, and the markets/instruments/timeframes you like to trade if you want to be successful. It has to make sense and feel comfortable to you on all of these levels.
Thomas Kralow does share the details of his own day trading strategies within the program, but it’s not about blindly copying him. It’s about going through multiple rounds of demo trading in order to develop skills and refine your individual approach over time.
Final Words – Does Thomas Kralow Offer the Best Trading Program For Beginners?
I haven’t personally experienced every trading course/program/service in existence – and nobody has. But based on my experiences with dozens of them over the past several years, Thomas Kralow’s University Grade Trading Education is one of my favorites.
It’s not perfect. And it won’t generate automatic results for individuals who aren’t willing to put the work in. But for those who are dedicated to learning, training, and becoming a high-level trader – the tools mentioned above are there to help you succeed.
Most people want the results (the money, lifestyle, etc.) but they don’t want to invest the time and effort to get there. Unfortunately, this is why so many get-rich-quick programs exist – because it’s human nature to desire the fast, easy path to riches.
But going down that path will only delay the trading success you seek. Trust me – I know all too well how alert services and chat rooms can distract you from what really matters. I wasted years of time and thousands of dollars on ineffective, copy-cat strategies.
It wasn’t until I drowned out the noise and focused on myself when my trading results finally turned from losing to profitable. It’s been far from a straight line to success, but it could’ve been much closer to one if I had just started with a program like this first.
Check Out My Free Trading Success Framework Course
Written by Matt Thomas (@MattThomasTP)
- Thomas Kralow – Frequently Asked Questions (FAQs)
- What is Thomas Kralow For Beginners – 1 Minute Review
- Thomas Kralow Review – What is Thomas Kralow Trading Academy?
- Is Thomas Kralow a Scam? My Perspective as a Student
- Q&A With Thomas Kralow – Creator of University Grade Trading Education