Top 10 Frequently Asked Questions About Thomas Kralow and His Trading Program:
This is a detailed compilation of the top 10 questions I’ve heard in regard to Thomas Kralow and his trading program. I did my best to answer them based on my personal experiences going through his program, as well as dozens of others in the past.
1. Is Thomas Kralow Real?
Thomas Kralow’s real name is Tomass Krilovs. Thomas Kralow is the Americanized version of his name that he uses as a trademark for branding purposes. You can follow him on social media (Twitter, Instagram, YouTube, etc.) and see that he is a real person.
2. Is Thomas Kralow’s Course Good?
In my personal opinion, I think Thomas Kralow’s course is one of the best currently available online. In fact, I hesitate to even call it a course because it offers much more than the average trading course you can find. It’s actually a full-blown learning program.
It doesn’t just fire information at you that you may or may not retain. It provides homework and tests after nearly every video lesson (roughly 150 in total) for active and deep learning. This kind of environment turns conceptual understanding into functional skills.
3. What is Thomas Kralow’s Trading Program?
Thomas Kralow’s trading program is called University Grade Trading Education – and it’s the only trading program I know of that could rightfully call itself that. The well-structured curriculum, quality instruction, and focus on skill-building is unmatched.
There are two main versions of the program – Complete and Shortened. The Complete program is the full curriculum with 14 chapters, 167 lessons, 145 quizzes, and 82 homework assignments. The Shortened version is the same exact curriculum with just one chapter removed, Basic Technical Aspects of Trading, which covers candlesticks, timeframes, trends, channels, etc.
Once you decide on the Complete or Shortened version, there are then three different options based on the level of assistance you desire – Standard, Assisted, or Assisted Plus. Standard is 100% independent learning. Assisted is 60% independent learning and includes support from a personal assistant throughout the duration of the course (including 30 days after as you transition to real money).
Assisted Plus is 10% independent learning and includes everything. Not only do you get a personal assistant just like someone with the Assisted plan does, but also a direct line of communication and one-on-one access to Thomas Kralow himself.
4. Is Thomas Kralow a Scam or Legit?
If there’s one thing I’ve learned from using and reviewing trading courses, programs, platforms, and services for close to ten years now, it’s that there will always be haters and naysayers calling things a scam – whether they’re legitimate or not.
In the case of Thomas Kralow, there’s one major point the skeptics always revert to as “proof” that he’s a scam – the fact that he has mostly transitioned out of active day trading into longer-term investments and other projects.
To me, that doesn’t really prove anything. And this may come as a surprise to most people, but I actually think his program is more effective for his students because of it. If he were still actively day trading, I’m positive people would be begging him to live stream his account and send real-time alerts so they can blindly copy his trades. But taking such shortcuts is detrimental to growth.
This sort of thing is what most other trading services do – live stream accounts in front of hundreds or thousands of followers and/or send out trade alerts. But what most people don’t understand is that this is how individuals who run these services make incredible returns while most followers don’t. Their track records are completely distorted based on the support of blind followers.
So when traders with chat rooms, newsletters, and alert services mention their track records, you have to be skeptical. If possible, find out what their track record was prior to opening a service because there’s a solid chance their current profits are distorted.
Coming back to Thomas Kralow, I like the fact that his trading program focuses on his students building proper skills, choosing their own approach, creating a personal trading algorithm, and refining it over time. There’s no dependency on hot picks or alerts.
This is what makes Thomas Kralow completely legitimate in my eyes. He already had his own trading success before launching his learning program. The focus isn’t on his profits – it’s on you building your own skills in order to capture profits for yourself.
5. Is Thomas Kralow’s Trading Program Worth it?
Based on numerous trading courses and programs I’ve been through in the past, Thomas Kralow’s trading program is definitely worth it. I’ve paid higher recurring subscription fees for services that weren’t anywhere near as intensive or educational as his program.
But I think you do have to consider the Standard, Assisted, and Assisted Plus versions separately because they vary quite a bit in price. In my opinion, the Standard version is underpriced at less than $1,000 and the Assisted version is fair at around $2,500.
The Assisted Plus version (which I don’t have firsthand experience with) is in an entirely different category of cost at over $15,000. This is 2-3X more expensive than any trading mentorship program I’ve come across ($5-10K is the highest I’ve seen before this).
But this isn’t to say that some individuals wouldn’t find it extremely useful and completely worth it. What you’re getting is individual assistance throughout the entire program, direct mentorship from Thomas Kralow himself, help generating your personal trading algorithm, and professional support as you transition into real money trading. This level of guidance isn’t typical.
If I stumbled upon a program like this and took it seriously at the beginning of my own trading journey, it would’ve saved me years of time struggling and thousands of dollars – not only in useless subscription fees but from avoiding massive trading losses as well.
In the end, whether or not Thomas Kralow’s trading program is worth it is a matter of opinion. But in my opinion, it’s something I wish existed years ago so that I could’ve experienced the benefits instead of thinking chat rooms and alert services were the answer.
6. Who is Thomas Kralow’s Mentor?
Thomas Kralow openly admits that he is not self-taught – he was trained by Alf Hoffman. He was actually on the path to becoming a lawyer when he met Alf through a family friend. Soon after, he moved to Switzerland to start training under his guidance.
Contrary to what you might believe, it was far from an easy path to financial success, even with the help of a successful mentor. He struggled with trading psychology and almost blew up an initial $17,000 account, but eventually found consistent success.
7. How is Thomas Kralow’s Program Different From Other Guru Courses?
Thomas Kralow’s trading program is different from other guru courses in a number of ways. But what stands out is his proper expectation-setting, supreme focus on trading psychology, and the development of legitimate trading skills.
Most other courses, for example, reel you in by making some absurd promise like “learn how to make $10K per week with one simple pattern”. And then their course is just a mashup of random video lessons and old webinars covering basic technical analysis.
Thomas Kralow’s program, on the other hand, is a full-blown curriculum that covers expectations, trading psychology, indicators, key market levels, depth of market, risk/money management, fundamental analysis, tracking statistics, and more.
But not only does his program offer more information than the average course, it also provides homework assignments and tests to go along with it for deeper learning. Most other courses simply don’t offer this level of interaction and skill-building.
Overall, Thomas Kralow is far more transparent than the typical trading guru you might find online and is completely honest about the realities of trading. There’s no chat rooms or alerts to pump his own positions. Just legitimate training.
You might think his program doesn’t offer anything special like “magical indicators” or “foolproof systems”, but that’s because these things don’t exist. He covers the real path to trading success, which isn’t as glamorous as other gurus like to make you think.
8. Does the Program Promise That You Will Make Money?
No guarantee can be made that you will make money going through the program because the vast majority of your success has to do with your own actions and efforts. But it certainly provides an honest roadmap for what it takes to become a profitable trader.
Unlike trading courses, programs, and services that make ridiculous money-making claims requiring little to no effort on your part, Thomas Kralow tells you honestly from the start that the process will be intense. Trading is a marathon, not a sprint.
A full-blown learning program like this is much like a gym membership and diet plan. Most people don’t want to actually do the hard work of exercising and sticking to a diet – even though it’s in their best interest. They would much prefer a “magic pill”.
The magic pills in this case are all the chat rooms, newsletters, and alert services that people think they can join, blindly copy trades from, and instantly become million-dollar traders. But it turns out (not surprisingly) that these magic pills are ineffective.
What it actually takes to be a successful trader is doing the work, not taking shortcuts – and that’s exactly what Thomas Kralow offers within his curriculum. It’s about skill-building, choosing an approach, creating a personal trading algorithm, and more.
9. Does Thomas Kralow Offer a Money-Back Guarantee?
Thomas Kralow offers a 30-day money-back guarantee. Most other trading services don’t offer any refunds at all.
10. How Long Does the Complete Learning Program Take?
This isn’t your basic trading course that only takes a few hours or days to get through. Thomas Kralow’s Complete learning program is designed to take around four months to finish (if you can commit around 5 hours to it per week), but it varies from student-to-student.
The beauty of the program is that you can go through each lesson, assignment, test, and chapter at your own pace. One of my fears was that I would lose access to the material after 120 days, but once you become a student you retain access forever.
Again, this program isn’t just about some magical indicator, pattern, or setup that will generate mountains of cash like clockwork. This is a comprehensive curriculum that teaches the realistic approach to becoming a professional-level trader through skill-building.
If you have any other questions or comments about Thomas Kralow and his trading program, please share them below.
Written by Matt Thomas (@MattThomasTP)
- Thomas Kralow Review – What is Thomas Kralow Trading?
- Thomas Kralow’s Net Worth and Trading Track Record
- Is Thomas Kralow a Scam? My Perspective as a Student
- 3 Great Ways to Learn From Thomas Kralow For Free
- Is Thomas Kralow Legit – Is His Trading Program Worth it?