Is Thomas Kralow Real and Does He Offer a Legitimate Trading Education Program?
When it comes to evaluating a trading course, program, or service, the most common question amongst potential users is always: “is this program a scam or legit?” – so that exact question is what I will attempt to thoroughly answer in regard to Thomas Kralow.
Having used, tested, and reviewed dozens of trading courses, programs, platforms, tools, and services throughout the past eight years, I can say without a doubt that many are lousy and ineffective – so it’s wise to initially be skeptical of every single one of them.
This is the exact stance I took on Thomas Kralow’s so-called “University Grade Trading Education Program” after hearing about it. I immediately thought it sounded too good to be true and that Thomas Kralow himself was just another fake guru.
But once I dug into his YouTube videos and the actual content of his trading program, I started noticing some distinct differences between him and the other trading gurus I’ve experienced in the past. The contrast was shocking to say the least.
I was expecting absurd claims and false promises, as well as a chat room, newsletter, or alert service that pumped his own positions. But I found none of that. What I found instead was somebody focused on proper expectation-setting and the realities of trading.
Below I’ll discuss in detail why I believe Thomas Kralow’s trading program is far more legitimate than any other I’ve come across to date.
What is in Thomas Kralow’s Trading Program – 3 Reasons Why it’s Far Better Than Most Others:
The average trading course, program, or service online doesn’t really offer much in the way of education. It’s usually a chat room, newsletter, or alert service that reinforces dependency on the trading guru instead of your own self-sufficiency.
And when it comes to actually trying to develop self-sufficiency through video lessons or courses, if the particular program even offers any, they’re usually just a disorganized mash-up of confusing lessons and old webinar recordings.
So one of the major ways Thomas Kralow’s trading program stands out is through the organized, well-structured curriculum. It’s a logical approach from basic to complex topics that build on top of each other as you go. It’s not a short, useless course.
Here are 3 additional ways that Thomas Kralow and his trading program stand out from the vast majority of others in the space:
1. Complete Transparency About Himself and the Realities of Trading
Most trading programs and services try to act like trading success is simple and easy to achieve in order to attract the largest amount of people to it. They’ll promote their “foolproof systems” and “explosive profits” just so that you subscribe.
But after you join, you realize it’s not that simple. The foolproof systems and explosive profits are reserved for the trading gurus pumping and dumping their own alerts – and you end up finding that the results you were promised are impossible to match.
So they reel you in with false promises and fancy marketing, which oftentimes includes flat-out lies. And then once you subscribe, they’ll claim that you need to educate yourself through video lessons – not just copy them. It’s a bait-and-switch.
But what I respect about Thomas Kralow is that he’s completely upfront about the realities of trading. Instead of feeding you lies about how easy it is, he tells you straight-up that becoming a consistently profitable trader “will be intense” and a “marathon, not a sprint”.
He’s also completely transparent about the reasons why he created a trading program, how much money it makes, as well as the details of his personal net worth. This isn’t something I’ve seen any other trading guru do – most likely because they’re hiding something.
Overall. what stands out is Thomas Kralow’s transparency about the realities of trading BEFORE you purchase his program (not after).
2. Major Emphasis on the Mental Component – Trading Psychology and Mindset
Another common theme amongst so-called trading gurus on the whole is the avoidance of trading psychology and mindset – even though the mental aspect is something every single new trader struggles with and is critical for long-lasting success.
In my personal opinion, side-stepping this vital topic substantially undermines student growth. You might think trading is all about having some incredible strategy or system. But even the best system can be compromised by an undisciplined, impulsive trader.
It’s true that learning patterns, setups, and strategies is far more exciting than taking a deep look within yourself for biases and impulses that are controlling your behaviors. So it’s no surprise when newbies get lost trying to find the “holy grail” in some indicator.
Instead of analyzing their own thoughts, feelings, and behaviors to find what’s causing inconsistency in their results – they think it’s their strategy. In most cases, however, the strategy is being undercut by an emotionally erratic and irrational individual.
This is an extremely important topic to cover because most people have the wrong idea about what it takes to be a successful trader. It’s not about being smart or gifted. It’s about having a statistical edge and being able to capitalize on that edge with consistency.
Trading is far more mindset-oriented than most people realize – and it’s a unique mindset that has to align with market characteristics. Nobody is born with it. It has to be developed. Unfortunately, 90%+ of traders fail to take it seriously.
Thankfully, Thomas Kralow covers trading psychology and mindset right off the bat within the first two chapters of his program.
3. Central Focus on Genuine Training and Proper Skill-Building
Instead of running a chat room, sending out a newsletter, or pumping his own alerts, Thomas Kralow’s main focus is on the actual education of his students. A lot of other trading programs on the internet claim to be about education, but their marketing messages about how easy trading is – along with the subpar learning resources they offer – seem to dictate otherwise.
This makes sense when you think about it. Most trading programs want to keep you (as the student) dependent on them forever. Because if you were to become self-sufficient, you would no longer need them and could stop paying your subscription fee.
This, however, isn’t how Thomas Kralow operates. He doesn’t offer trade alerts for his students to copy, nor does he brag about his own track record. Because he knows that doing so would only hinder your growth in becoming a self-reliant trader.
Alternatively, what he does is offer you the curriculum and support necessary for achievaing durable market success. It’s not about learning just one simple pattern and structure. It’s about putting together multiple trading concepts into one working whole.
Technical analysis is only one small piece of trading. Your success depends on much more than that: mindset/psychology, risk and money management, understanding of indicators, key market levels, market depth, properly tracking your trades, and more.
Overall, it’s not some monkey-see-monkey-do alert service. It allows you to acquire the necessary information and build the appropriate skills to put together your own personal trading algorithm based on the markets and time frames you prefer.
#1 Thomas Kralow Complaint – Find Out Why Some People Call His Program a Scam:
In relation to how many students speak highly of Thomas Kralow and his trading program, there really aren’t all that many complaints. But the main one I’ve seen is about how he no longer day trades himself, yet sells a day trading program.
For non-students, I definitely understand the skepticism. But after going through his program myself, it really doesn’t matter to me that he no longer day trades. The great part about his program is that it focuses on you (the student) – not him (Thomas Kralow).
Years ago, I used to think that requesting brokerage statements and track records from trading gurus would tell the entire story of whether they were legitimate or not – as I’m sure this is the information that many people would consider the absolute truth.
But what I’ve found is that track records from trading gurus who run chat rooms and alert services can easily be distorted when they enter into a position with thousands of followers subsequently piling in behind them. It provides the guru with an unfair advantage.
Thomas Kralow, however, experienced seven years of trading success before even creating his program – so his track record isn’t distorted by sending out alerts to thousands of followers. His profits came from trading on his own 10-12 hours per day at his desk.
And now he no longer day trades as a lifestyle choice. Instead of the solitary and stressful endeavor of day trading, he wanted to transition into more social and creative projects. This transition is the main reason he created the program to begin with.
The Wrap Up – Is Thomas Kralow’s Trading Course Good and is His Mentorship Worth it?
I personally hesitate to even call what Thomas Kralow offers a course because it’s way more than the average trading course you might find on the internet. It’s a full-blown learning program – and as close to a university grade trading education as I’ve found.
It’s not just the organized and comprehensive distribution of information that sets his program apart, but the supplemental tasks, homework, quizzes, and even a final exam that provide for deeper learning. You just don’t see this from most other programs.
Sadly, these opportunities for deep learning and skill-building often get overlooked, but it’s crucial to your long-term success as a trader. Thomas Kralow understands the difference between conceptual understanding and practical application, which makes all the difference. If consistent trading success only required conceptual understanding, a lot more traders would be successful.
To put this point into perspective, imagine elite athletes like Tom Brady and Michael Jordan. There are plenty of analysts, commentators, or even fans who have a solid conceptual understanding of football and basketball. But that doesn’t mean they have the ability to hop on the field or court and perform anywhere close to the skill levels of Tom Brady and Michael Jordan.
That’s because performing at an elite level requires legitimate training. Since trading doesn’t necessarily require any physical capabilities (besides clicking buttons), most people fail to to recognize that it’s a skill-based, peak-performance endeavor.
Overall, there’s no doubt that Thomas Kralow’s program is good since it concentrates so heavily on student skill-development.
Written by Matt Thomas (@MattThomasTP)
- Thomas Kralow Review – What is Thomas Kralow Trading?
- Is Thomas Kralow a Scam? My Perspective as a Student
- Thomas Kralow’s Net Worth and Trading Track Record
- 3 Great Ways to Learn From Thomas Kralow For Free
- What is Training For Trading – Breakdown of Required Skills