Who is Thomas Kralow and What is His Trading Program?
Thomas Kralow is an active day trader with over 7 years of experience, 20K trades, and $9M in verified profits. That averages out to over 2.5K trades and $1.25M in profits per year. You can review his posted performance disclosure on his website.
As a result of his individual trading success, he decided to create his own trading educational program with the goal of teaching new traders the ins-and-outs of becoming consistently successful. Thomas Kralow is not self-taught – he had a mentor of his own. So he understands exactly what it takes to make money in the markets and how difficult his journey would’ve been without proper guidance.
In fact, Thomas Kralow probably wouldn’t be where he is today without the help of his mentor. He was on track to go to school to become a lawyer before his mentor talked him into giving trading a shot. Now he has several years of massive trading profits under his belt, a successful trading education business, and he’s currently working on building a multi-million dollar hedge fund.
Within this exhaustive Thomas Kralow review, I primarily dig into his fast-growing trading education program and the claim that it offers a “university grade trading education”. I put in countless hours of research to see if it was legitimately worth the hype or a downright scam. My main goal was to find out if Thomas Kralow is a legitimate trading educator or just another fake guru.
In the sections of the review below, you’ll find all of my thoughts about Thomas Kralow and his trading program laid out in detail.
Thomas Kralow Reviews and Testimonials – It’s Hard to Find a Negative One:
Before you rush to judgment about Thomas Kralow and his trading program based on my own personal opinions, I think it’s important to see the reviews and testimonials from a much larger group of people on TrustPilot.
Before even looking at his trading program, this is the first place I checked for student reviews. It’s safe to say that I was immediately skeptical. At the time I checked it, not only were there no bad reviews, but every single one was five stars. I’ve used and reviewed dozens of trading programs, platforms, and services over the past ten years and not once have I seen something like this.
It honestly made me think that it was too good to be true. And I sat there reading through every single testimonial – one-by-one. By the end, I wasn’t any less skeptical because even the best products and services, no matter how great, always have negative reviews. How could Thomas Kralow’s trading program not have one? There has to be at least one naysayer or unhappy student out there.
Regardless of my doubts, I kept pushing forward – researching Thomas Kralow and experiencing his offerings for myself. But throughout my exploration and analysis, I kept the common themes from the TrustPilot reviews in the back of my head: “offers the full toolbox”, “the total package”, and “the most comprehensive online trading course”. Would this actually turn out to be true?
I was suspicious, but hopeful that the hype about Thomas Kralow was real. A fully comprehensive training program is something that I dream about finding. An A to Z course that successfully takes traders from zero knowledge to consistent profitability.
What Exactly is in Thomas Kralow’s Trading Program – Full Curriculum and Cost:
Thomas Kralow offers two main versions of his trading program – Complete or Shortened. The Complete version includes all 14 fundamental chapters listed below plus the final exam. The Shortened version is identical except for just one chapter covering the basics removed. So the only difference is that it’s slightly cheaper and skips over coverage of basic trading terminology.
From there, you have three different options depending on the level of personal assistance you desire – Standard, Assisted, or Assisted Plus. Standard is 100% independent learning, Assisted is 60% independent learning with 40% assisted learning, and Assisted Plus is 90% assisted learning with 10% independent learning (including 1-on-1 support from Thomas Kralow). The cost of each option increases depending on the level of assistance you choose. Overall, the most popular option amongst students is the mid-level Assisted program.
|$295/Month (For 4 Months), or
$980 (One-Time Payment)
Use Code off10 for 10% Discount
|$695/Month (For 4 Months), or
$2,480 (One-Time Payment)
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|$4,995/Month (For 4 Months), or
$16,480 (One-Time Payment)
Use Code off10 for 10% Discount
|$270/Month (For 4 Months), or
$880 (One-Time Payment)
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|$645/Month (For 4 Months), or
$2,280 (One-Time Payment)
Use Code off10 for 10% Discount
|$4,695/Month (For 4 Months), or
$15,380 (One-Time Payment)
Use Code off10 for 10% Discount
|Roughly 120-Day Program
13/14 Fundamental Chapters
150+ Video Lessons
80+ Homework Assignments
Exclusive Community Access
Comprehensive Final Exam
Diploma and Gift For Graduation
|Same as Standard, Plus:
Individual Homework Checking
Same as Assisted, Plus:
Direct Line of Communication, Personal One-on-One Support, and Private Mentorship Sessions With Thomas Kralow Himself
This actually came as a shock to me. I would’ve thought the Standard option to be most popular due to cost, but those who have gone through the Assisted version highly recommend it. In many instances, students start with the independent option and then quickly upgrade to Assisted once they realize the value. Assisted includes a personal coach to answer any questions you have, help overcome hurdles, check homework, and support with your real money trading upon completion of the program.
It’s a rough estimate depending on how much time and effort you put into it, but going through the program typically takes around four months. This is assuming that you work on it about 4-5 hours per week. You can go faster if you’d like, but keep in mind that going too fast can take away from your retention of the information. It’s not a race. The information, real-life examples, quizzes, and final exam are there to help you build the core skills necessary for legitimate trading success. Don’t cheat yourself by rushing through it.
The structure of the course is designed in a way that moves from simple to complex topics, building up to a point where you have the knowledge and skills of a professional-level trader. This is by far the best curriculum I’ve seen out of an online trading program.
Thomas Kralow Trading Program – Pros and Cons:
There are numerous advantages to joining Thomas Kralow’s trading program. The most important one is that it offers a comprehensive curriculum. It’s far more than just a dry and boring course about technical analysis. Instead, it covers the full spectrum of knowledge and skills required to become a successful trader. The interactive tasks and quizzes along the way also support deeper learning.
I always say this, but it’s one thing to understand trading conceptually and an entirely different thing to put it into practice. Reading books and watching video lessons on various trading topics can only take you so far. But it’s the practical application of those topics that leads to the development of skills and mastery. In my opinion, Thomas Kralow does a great job of facilitating the practical application of core concepts in a completely safe environment (learning modules, interactive tasks, and demo trading).
Another unique advantage of the Standard program is that there is a full money back guarantee within 30 days of purchase. Believe it or not, the vast majority of trading programs and services I’ve come across don’t offer any refunds at all. So this definitely shows the confidence that Thomas Kralow has in his personal offerings. You can also save yourself some money on his program by watching the featured webinar on his website – a 20% discount is offered around the 80-minute mark.
With all of the advantages out of the way, there are a few disadvantages that I think are worth mentioning. The first is that the Assisted Plus package is quite expensive for beginners. Unless you’re well-funded and entirely committed to your trading success, the cost is out of reach for the bulk of newcomers. But this isn’t to say that the potential value doesn’t justify the cost. You’re paying for private one-on-one access to Thomas Kralow himself and his direct mentorship can be extremely beneficial.
The other two downsides are kind of peripheral concerning some YouTube videos and the diploma given for graduation. What I don’t like about some of Thomas Kralow’s YouTube videos are the display of fancy cars, penthouses, watches, and other luxury items. I might be in the minority on not liking this, but it naturally raises some red flags. On the other hand, this kind of content does seem to motivate his followers and Thomas Kralow isn’t faking it – it’s his real lifestyle. It’s just not something that attracts me.
Lastly, the diploma sent out for making it through the program is something that I don’t 100% agree with. It might seem like an irrelevant detail to complain about, but I think it can have a negative psychological impact on students. The problem is that society has conditioned us to think in terms of achievement and status, but the market doesn’t care about any of that. For example, you might be able to get a job based on having a certain degree. The financial markets, however, don’t care about certificates or prestige.
Is Thomas Kralow a Scammer or Legitimate Trading Educator?
Right off the bat, I have to give credit to Thomas Kralow for setting up traders who go through his program with the right expectations and mindset. He doesn’t make any false promises about how easy and profitable trading is, like so many other traders on social media these days do. He’s completely open and honest about how long and rigorous the path is to consistent profitability.
It’s definitely sad to see, but the actual truth often gets hidden within the world of self-proclaimed trading gurus and mentors. Most of these so-called trading gurus aren’t really concerned about your financial and emotional well-being. All they care about is views, clicks, and making money off you in one way or another. This would be fine if they offered real value, but in most cases they don’t.
In fact, following recommendations from these fake gurus or random individuals on social media can be extraordinarily dangerous. When it comes to good trading courses and mentorship, I hear people say all the time that “I don’t need to pay for a course. I can find everything I need to know on YouTube”. But in reality, how much is this self-education process really costing you?
Don’t get me wrong – I do think YouTube can be an outstanding resource. But for trading and investing education, how do you filter the good from the bad? It might seem like you’re saving yourself money by taking advantage of free resources, but how much time are you wasting sifting through mountains of useless information? And how much money are you losing from taking lousy advice?
That money would be much better spent on shortening your learning curve with a trustworthy trading mentor like Thomas Kralow.
Why is Thomas Kralow Selling a Trading Education Program – Why Not Just Trade?
For trading mentors, this is by far the most commonly asked question: “If you’re such a great trader, why not just trade? Why are you also selling a course, program or service?”. This is definitely a valid question, and usually these trading educators just lie and say something about how they want to help people. But how many people are their crummy courses and programs really helping?
What I respect most about Thomas Kralow is that he’s genuinely honest about all the reasons why he decided to create and sell a trading program. The first reason is that active trading was a solitary and stressful undertaking that kept him at his trading station for around 12 hours per day. Since he’s a very social and creative person, he wanted more interaction and projects. At this point in time, he barely actively day trades at all. He’s transitioned mainly to long-term investments, teaching, and various other projects.
The second reason is that he did it to replace his active trading income – and he’s not afraid to say it. Even though he’s busy within his program helping traders who signed up for Assisted Plus, he wanted to create a more passive income for himself. In addition to that, he also wants to build his own hedge fund and take part in more philanthropic ventures – like donating 15-20% of his earnings to orphanages in Latvia (where he grew up). To top it off, his program is actually effective for his students – not garbage like most others.
If you check out his YouTube channel or other social media, you’ll find that he’s an open book when it comes to almost any topic – even with information on how much his trading education business makes and the full details of his personal net worth.
How is Thomas Kralow Different From Other Trading Gurus, Mentors, and Educators:
What makes Thomas Kralow different from most other trading educators is that he offers a legitimate learning program. He’s not just some self-proclaimed guru that decided to create a newsletter or chat room just to pump his own alerts. He actually took the time to design a reliable curriculum that genuinely helps people build the technical and mental skills required for durable success.
Unfortunately, most trading gurus on social media and the internet in general don’t really have your best interests at heart. You might think they’re trying to help you by delivering some hot stock picks and making promises that you can start making thousands of dollars immediately, but it’s just a shady ploy to get your money. These programs are more about marketing than actual trading.
Within the past ten years, I’ve learned exactly how many of these trading programs operate, as well as how the masses react to them. On the whole, it’s quite upsetting to see. I have nothing against marketing in general, but there are far too many false promises being made within this industry. In an arena without certainties (only probabilities), people are entering with the absolute wrong expectations and overall mindset thanks to ignorant or malicious gurus. They’re setting people up for failure right from the start.
This is yet another area where Thomas Kralow stands out. He makes no false promises and speaks truthfully about the realities of trading. While this approach drives a lot of people away, it attracts the right type of individuals to his program – the ones who are dedicated to properly learning the craft and achieving long-term success. But the masses are far more attracted to the “easy” way, which is why there are innumerable trading programs offering garbage and very few offering legitimate education.
The sad reality is that people don’t like things that sound difficult. They want a million dollars tomorrow without effort. This truth of human nature is what leads people into stock alert services and other get-rich-quick programs – even though they’re not effective.
Top 10 Lessons Learned From Thomas Kralow’s YouTube Channel and Trading Programs:
If you learn nothing else from this review, make sure you take these lessons with you as you progress on your trading journey. Most people have the wrong ideas about what it takes to achieve consistent trading success – and all the fake gurus out there certainly don’t make the situation any better. To ultimately succeed as an active trader, you have to find strong mentorship and support.
- Trading is a Marathon, Not a Sprint. Get-Rich-Quick Programs Only Make Your Journey Harder, Longer, and More Expensive.
- Trading is Not as Easy as Most Fake Gurus Make it Out to Be. Learning Core Concepts and Skills is a Rigorous Process.
- Many Trading Educators Focus Entirely on Technical Analysis, But That’s Only a Fraction of What’s Required For Success.
- Be Careful With Free Trading Advice Found on the Internet. It Can be Dangerous Listening to Ignorant or Malicious Individuals.
- Proper Education is Required to Become Successful. Shortcuts Don’t Work, So Find Help From a Legitimate Mentor.
- Don’t Skip the Practice Phase. Far too Many Beginners Jump Straight Into Real Money Trading When They Shouldn’t.
- Transition to Real Money Trading Only After You’ve Demonstrated Consistent Success in Demo Trading. Start Small.
- Don’t Ignore the Psychological Aspect of Trading. Your Overall Mindset Can Be the Difference Between Success and Failure.
- Pure Indicator Trading Sounds Great, But is Ineffective and Dangerous. There’s Far More to Trading Than Magical Indicators.
- Chat Rooms and Alert Services Do Not Work For Most Subscribers. The Owners Are the Only Ones Who Make Money.
As stated earlier, these lessons/realities tend to scare people away. Instead of feeling motivated to learn the actual skills required to become great traders, they opt for get-rich-quick programs anyway – or simply quit. This is why legitimate trading education is so hard to find because the vast majority of people don’t want it. They want the “fast” and “easy” way that doesn’t actually work. As a result, there are numerous so-called trading gurus happy to provide false promises and lousy courses.
Your ultimate trading success truly comes down to expectations and overall mindset before even placing a real money trade.
Conclusion – Does Thomas Kralow Offer a Full Blown University Grade Trading Education?
When I first came across Thomas Kralow and his trading program, I have to admit that I was extremely skeptical. I thought he would be just another fake guru offering low-quality video lessons, alerts, and a chat room. But he offers none of these things. His entire focus is on proper expectation-setting and education. This is something that you simply don’t see very often within the realm of trading education. His program is as close to a full blown university grade trading education as I’ve ever seen.
I know some people will complain about the fact that Thomas Kralow is transitioning out of active day trading as a personal lifestyle choice: “how can he be a day trading mentor if he’s not actively trading anymore himself?”. But he has a solid seven-year track record of trading success prior to even launching his learning program, and now his entire focus goes toward helping his students.
It might seem better to follow a mentor that is currently trading actively, but you have to be careful with that thought. Many trading educators online weren’t even successful traders before starting a service. And the only reason they’re successful now is because they have hundreds or thousands of uneducated, oblivious subscribers blindly following them into trades. This is the harsh reality of how stock alert services and chat rooms operate. Instead, I recommend finding a mentor who actually cares about you.
Overall, Thomas Kralow doesn’t just teach one small aspect of trading, like a simple indicator or setup, and then try to pass that off as a trading course. That’s the type of nonsense you can easily find on YouTube, but won’t actually help you. Alternatively, he offers a complete, well-structured learning program that combines multiple facets of trading into one comprehensive education. It’s a logical roadmap from a 100% authentic mentor. It’s not easy – you have to work hard, complete tasks, analyze your errors, and continuously update your personal trading algorithm, but the end result is the acquisition of valuable trading skills to last a lifetime.
Many people try to save money by bypassing proper education and then end up losing ten times more in the market trusting bad information, following hot stock alerts, or otherwise trading improperly. Don’t be a trader who has to learn the hard way.
Please share your individual thoughts and experiences with Thomas Kralow or similar trading mentors in the comments below.
Written by Matt Thomas (@MattThomasTP)