Best Day Trading Academy 2019

If you are a novice stock day trader, you feel that the markets are constantly providing lots of opportunities thanks to the stock price fluctuations. However, the percentage of winners is really tiny – less than 10% of day traders have consistent returns. That’s why traders should look for the best day trading academy out there and learn the trading process step-by-step.

A day trading academy will provide you with the full support, including trading courses, tips, strategies, video lessons, live trading chat room, demo account, and mentorship sessions among others. The options vary depending on the academy and package. Let’s introduce you to five trading academies that are trendy as of today. This will help you make up your mind on which offers the best day trading courses this year.

How you should evaluate a day trading academy

In order to choose the best day trading academy, you have to assess several criteria that can make a difference. Thus, you should check the following:

-          Tenure – you should deal with day trading academies that are well-established and have proven their resilience with time. Some schools might become successful on the expense of a bullish rally and suddenly fail when the first signs of a crisis or correction show up.

-          Live trading room – make sure you pick a day trading academy that has the live trading room option. This will allow you to get immediate feedback and monitor your skills in real time while actively trading stocks.  

-          Transparency – without any doubts, the best trading academy has to be transparent and demonstrate its success with real figures. It shouldn’t hide its failures in any way but rather keep the community updated with the ups and downs.

-          Appealing FREE propositions – if you’re forced to pay hundreds or thousands of dollars for the very basic tips, you should better ignore such an academy. A professional day trading school will have trial options and free offers to allow potential students to better understand the environment.

-          Practice trading – the theory is helpful, but the best day trading academy wouldn’t minimize the role of practice.

These are the best day trading academies we found for you

Based on the specifications mentioned above, we figured out the five best day trading academies that you should definitely check out. Here they are:

-          Tradenet – founded by Meir Barak in 2004, Tradenet has taught more than 30,000 traders worldwide to benefit from the US stock markets. It’s worth mentioning that Tradenet has survived the financial crisis from 2008. That proves the efficiency of its methods. Barak, author of “The Market Whisperer” – a bestselling book, is a professional day trader himself.

Tradenet offers live trading chat room with all its packages. Those include Intro, Student, Expert, and Pro. If you think you have what it takes to trade, you can take part in demo challenges for free, with the possibility to get eligible to apply for a funded account.

A top day trading academy, Tradenet is supporting real traders and demonstrates its potential including through YouTube videos and Facebook updates. It provides some of the best day trading courses out there.

-          Warrior trader – Ross Cameron’s Warrior Trading has turned into one of the largest day trading communities out there. While we couldn’t find out its year of foundation, the academy has been around for several years and is known for being open and transparent enough.

Warrior’s trading chat rooms allow students to watch and trade daily hot stocks and get instructed by professionals. For beginners, there is a demo simulator which comes at a price. Instead, traders can access free webinars.

-          The Stock Whisperer – this service provides several financial courses, one of which refers to a day trading workshop. Stefanie Kammerman started the company about five years ago.

One of the courses, called “Counting the Cards of Wall Street,” refers particularly to day trading.

Stock Whisperer offers the chance to benefit from its trading room run by Stefanie herself, a service that can be accessed via a subscription basis. While the academy is genuine, it seems to be less transparent, and potential students can hardly find some free options.

-          Bulls on Wall Street – with the motto “Stop Guessing. Start Trading,” Bulls on Wall Street is a trading academy founded in 2008 by Kunal Desai.

The service provides several live trading courses, with an intro trading course offered for free. Traders can also access day trading alerts and chatroom wit CEO Kunal Desai himself.

-          Day Trading Academy (DTA) – this service offers both online and live trading courses. Founded by Marcello Arrambide more than three years ago, DTA is already considered among the best day trading academies. It proposes courses for both beginners and experienced traders, with a free starter kit offered via email. DTA provides demo trading and funded accounts for its students.

In stock trading, success comes with practice and education, so don’t hesitate to apply to the best day trading academy you like!