TradeSmart University Review: Editor Review of Online Investment Course
TradeSmart University Review
I joined the TradeSmart University class in February and it was fantastic. Josh was a dynamic instructor and coach. At the start of the class we were encouraged to participate and ask questions and we were promised that he would answer all of our questions (to the best of his ability). And he stayed true to his promise.
Whenever Josh asks a question to the class, he spends time acknowledging each of our answers, whether you got it correct or not. And yes, it is a live class which is really great! For tough questions, those who got the right answers would get stars (silver, gold). When you have a star you can stay at the end of the class and have the privilege of having 2 stocks analyzed. This was a great way to encourage class participation.
There were several challenges of course, especially for someone like me who had limited knowledge on investing and the stock market. For example there are some generic terminologies that has a totally different meaning in the world of investing (like SHORT, LONG, OPTION, PUT, CALL, RESISTANCE, SUPPORT, etc). So it would take time (at least for me) to shift from the “old” definition of such terms and understand the new meaning. During these times Josh would pause to get assurance from the group that all is clear before proceeding to the next topic.
I like the idea of providing the class with concrete examples that are parallel to the topic. For example, Josh paralleled the concept of stock insurance to having car insurance, how it works and how each party (the buyer and seller of the insurance) benefit from the deal.
After each class we are given a homework assignment as reinforcement to the classroom discussion. There is also a video summary in case there are points you need to review (this is not a recorded video of the class though, but a video summary of the topic). And to top it all off we created a virtual trading account online so we would have a feel of the not-so-familiar stock market world.
In general I think TradeSmart University is doing an excellent job in unleashing the secrets of the stock market. They currently offer the course for free, and these are live classes. The only drawback was that there were no video recordings of each session. I understand that the video recordings would somehow give students an excuse to skip the live sessions.
Overall I think TradeSmart University is a course which beginning investors should not miss. You have nothing to lose, and you will never know what you are missing. Gone are the days when only the rich are able to make money in the market. It is about time for everyone to have equal opportunity when it comes to investing.
TSU is liken the wolves of wall street are to stock brokers. I personally know at least 10 people , former students of TSU, including myself that lost 100's of thousands of dollars on their advice. One of the CEO is a nutcase, always ranting about the coming of the next stock depression. I think they now limit his time on the webinars. They also rotate each of the 3 speakers so its difficult to pinpoint the inaccuracies of each with 3 weeks apart. Its planed that way! I find it odd that your article states your in no way compensated by anyone, anything to do with TSU, but willing to spend your hard earned money and time dedicated to promoting them. maybe, your just a grateful kind of guy? I very sure that you are aware that such companies pay other to post good articles about their sites under pretense that it is a non biased review! No where do I see a disclaimer about any association or compensation you might receive from TSU. These guys are not licensed or regulated or have any professional background!
Response: Thank you for the word of caution. One of our team members took the entire course before writing the review, and had nothing but good things to say about the course. However, he completed the course over a year ago so I will advise him to retake the course and update the review if necessary. Your feedback is sincerely appreciated :)
I am going through this classes now. I am skeptical if this is a scam or not. But I will find out soon. So far its doing good!