TLDR – What’s The Verdict on The Daily Trader’s Program?
Am I sold on becoming a million-dollar trader like Mark from his course alone?
Laughable.
Do I think you can charter jets and roll in ritzy rides after joining?
Dream on.
Personally, I don’t think you should buy the program.
Not because it doesn’t deliver enough value. For the price, you actually get a lot of training and could snag a tip or two that pays for the program.
That said, trading is no joke. There are millions of institutional investors ringing the bells on Wall Street with access to far more information than you.
Guess what? Those are the people you’re up against!
The course isn’t the problem; I just don’t believe in the stock trading business model as a whole, especially for beginners!
Why not spend your time and money on something that doesn’t require you to:
- Be a fortune teller. (Even Warren Buffet makes safe bets)
- Keep up with the Joneses and read shareholder reports all day.
- Give up all control of your income and gamble your money away, hoping that you hit it big.
If I wanted to hit it big, I’d take my money down to the casinos of Vegas! Or maybe I’d buy a hundred Powerball tickets.
Even if you did EVERYTHING correctly, one random event, such as a CEO stepping down, new technology emerging, or just fake news about a company, could literally vanquish your portfolio overnight.
Now, what if there was a better way? A business model that could help you build a passive income stream that puts you back in the driver’s seat?
With this business, you can bring in consistent revenue every single month (anywhere from a few thousand dollars to over $10k)
Best of all, you could do it in your spare time and grow it as small or large as you want to, without needing to spend hours looking at charts, watching the news, or attending shareholder meetings.
If that sounds like a dream, check out how to become a Digital Landlord.
But if you’re still curious about The Daily Traders program, keep reading.
Who Benefits From Mark Thomas, And Who Should Stay Away?
You might find The Daily Traders program helpful if…
- You’re an experienced stock trader looking for a full trading system breakdown of his strategies.
- You’re okay with taking A LOT of risk.
- You love looking at charts all day.
That said, you might hate program if…
- You want to earn a predictable income, such as lead generation.
- You hate waking up EARLY when the market opens to day trade.
- You know NOTHING about the stock market and this is your first rodeo.
The Daily Traders At A 1,000 FT View
This section covers a bird-eye view of the day trading business model and the guru, Mark Thomas.
Let’s begin with the basics.
Area | Score | Description |
---|---|---|
Time Investment | 3 / 5 | Day trading takes a lot of time. You’ll be spending hours daily analyzing charts. |
Level of Control | 1 / 5 | You have to compete with smartest traders in the world. On top of that, you don’t have control over the market, you’re just making bets. |
Ease of Implementation | 4 / 5 | If you’re new to the stock market, it’s hard enough. Throw in the fact, you have to learn technical analysis, options trading and how to use leverage. |
Profit Potential | 2 / 5 | Profit is only big if you borrow money. But that greatly increases the risk. |
Day Trading Stocks Business Model
Day trading is when investors buys and sells stocks on the same day.
It’s fair to say that day trading and gambling are quite similar. When you execute a day trade during or pre-market, you’re betting on random price movements of a specific stock that will trend in the direction you want.
I’ll give you an analogy.
If a novice were to walk to the Poker table and challenge a table of World Series pros, he or she might win a hand or two based on sheer luck. But ultimately, they would lose their money overall.
Only 13% of day traders were consistently profitable over a six-month time frame, and 1% made money consistently over 5 years or more.
And the success rate for making a living with day trading is 4%.
Frankly, if I wanted to put my money in the stock market, I’d listen to Warren Buffet (the greatest investor of all time). As he said, “our favorite holding period is forever.”
By far, day trading is much riskier than most of the other business models we usually review, like Real Estate and Affiliate Marketing.
Mark Thomas, The Man Behind The Daily Traders
Mark Thomas is the founder of The Daily Traders and the leader of the trading mentorship. He started his career in Bitcoin and other cryptocurrencies before day trading. At 19 years old, he became a stock market millionaire.
Social Media Pages | Link | Followers |
---|---|---|
Source | 1.3M followers | |
TikTok | Source | 998K followers |
YouTube | Source | 115K subscribers |
The Daily Traders Cost
The Daily Traders program costs $494, which is affordable for what you get. That said, there’s no refund policy available.
Personal Opinion On The Daily Traders Scam
Alright, it’s time to address the mighty elephant in the room: Is the program a scam?
No, not exactly. You can 100% make money with it but don’t expect to enter baller status, like the Daily Trader promises.
You’re taking a HUGE risk when you’re day trading. Because the profit margins on stock movements are small, most traders use leverage (aka borrow money) to magnify their returns.
Sure, you might win big. But any losses are also magnified.
Don’t play with fire if you’re not willing to get burned…
One bad move, and you might just wipe out your entire portfolio. Unfortunately, I’ve seen too many fresh faced traders bet on emotion, leading to big losses.
Personally, I don’t have the risk tolerance to stomach big dips in my bank account. I’d rather spend a few months building Digital Rental Properties, and collecting a handsome $500 to $2,000 checks every single month, predictably.
And the best part is I have total control over my income. I don’t have to compete with Ivy League Wall Street sharks or against AI trading bots.
As a digital landlord, I get to live a completely stress-free “laptop lifestyle”.
Some of my friends run their 6-figure Digital Landlord businesses from:
- Backpacking through National Parks
- Taking family vacations across Europe
- Attending music festivals in a retro campervan
They can take weeks or months off, and the money keeps rolling in, all thanks to this program.
If you want your life to be like a vacation rather than stuck behind big monitor screens, then Digital Landlord might be for you!
What Do You Get?
Inside The Daily Traders, you’ll receive over 30+ whiteboard training videos, question-and-answer sessions, screen share videos, a full trading system, and lifetime access to the Discord server and community of active traders.
Here are some of the most important topics covered in the course:
- Mastering technical analysis
- Trading setups, patterns, and trends
- Mastering technical analysis
- Mastering trading psychology
- Trade options
- Mastering risk management
- Becoming a million-dollar trader
You also get access to The Daily Traders discord group, a premier stock trading community with 16+ chatrooms.
Conclusion – Should You Buy Or Not?
No, I don’t recommend buying The Daily Traders.
His program isn’t the worst we’ve seen. But do you really want to compete against the big guys?
Personally, I don’t want to play with my money like that, and most beginners don’t want to either.
If you’re like me and want an EASIER way to make money, then keep reading.
What’s My #1 Recommendation To Make Money Online?
I’ve personally tried all of the major online business models:
- I’ve day traded options stocks, reading charts all day
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down, Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, Digital Leasing is for you.
Why?
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
Read Our In Depth Breakdown Of The Top 5 StocksOpp Courses For 2024
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macro-economic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?
With Digital Leasing, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But when you’re talking about Digital Leasing, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like The Daily Traders, which might make you money if you luck out.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people who need it.
If this sounds like you, click here to see how it all works.