If you’re into financial investment, you’re probably interested in becoming a successful trader. Marcello Arrambide promises to teach you his “organic approach to trading” that can make you money in live markets. But can he really deliver on those promises? Is the Day Trading Academy a scam?
Well, I took a deep dive into the Day Trading Academy course to find out. And let me tell you, as someone who’s not affiliated with the program, you can trust that my review is totally unbiased and genuine.
So, can Marcello teach you to make money through trading? Is Day Trading Academy worth your time and money? I’ll answer these questions and more in my review.
But that’s not all! At the end of this review, I’ll also share a free training platform that can help you create a steady passive income with almost zero risk.
So sit back, relax, and let’s see what the Day Trading Academy is all about!
Table of Contents
What is Day Trading Academy?
The Day Trading Academy is a great option for those who want to learn how to trade stocks, futures or forex without spending money on expensive software or indicators.
Unlike other trading courses that require you to invest in multiple indicators and use complicated software, the Day Trading Academy offers a unique approach. Rather than relying on those tools, it provides you with experienced coaches who are actively involved in trading.
The program is designed to be flexible and adaptable to any market condition. Once you have completed the program, you will be invited to become one of the trainers yourself, allowing you to share your expertise and experience with others.
So if you’re looking for a trading education that focuses on real-world trading rather than complicated software or indicators, the Day Trading Academy may be for you.
Who is the Founder of Day Trading Academy?
Marcello Arrambide, with almost two decades of experience working in various day trading companies, is the mastermind behind the establishment of Day Trading Academy. His inspiration for creating the academy came from his observation that many traders were perplexed with trading strategies.
The academy has a clear-cut goal of assisting its traders in achieving financial independence and enjoying the perks of trading. However, from my point of view, becoming a full-time trader and continually worrying about the volatile market can be quite challenging.
It’s important to keep in mind that investing in stocks is a risky venture since the financial market is highly unpredictable. Marcello Arrambide, despite his years of experience, cannot precisely predict the stock market’s ups and downs.
What’s Inside Day Trading Academy?
Day Trading Academy (DTA) is a comprehensive learning program that can help you develop the necessary skills to become a successful day trader.
The DTA program is structured in four stages, each with a unique focus and set of topics. Here’s what you can expect to learn from each stage:
Beginner Phase: The Basics of Day Trading
If you’re new to day trading, the Beginner Phase is the perfect starting point for you. This section includes 19 chapters that introduce you to the fundamental concepts of day trading. You’ll learn about technical analysis, the psychology of trading, and emotional intelligence.
Intermediate Phase: Mitigating Risks and Advanced Techniques
In the Intermediate Phase, you’ll learn about risk mitigation strategies and how to spot opportunities for taking trades. You’ll also learn tactics to minimize financial risks, such as the use of NinjaTrader and Emini basics. Additionally, you’ll gain some advanced techniques to deal with market fluctuations and reversal patterns.
Advanced Phase: Judging Momentum Direction and Feedback-Based Training
The Advanced Phase is designed to train your judgement on momentum direction. You’ll learn how to use strategies to differentiate between valid and invalid trades. This section is based on feedback, which means you’ll be interacting with other students and coaches to come up with the best trading approaches. You’ll also learn how to set dynamic profit targets and use unconventional trading strategies to read the market more accurately.
Pro Phase: Techniques Used by DTA’s Best Traders
The Pro Phase is exclusively for traders who have a deeper understanding of the stock market. In this section, you’ll learn the techniques used by DTA’s best traders on the live market.
In summary, the Day Trading Academy program is an excellent learning opportunity for anyone interested in day trading. Whether you’re a beginner or an experienced trader, the program offers a structured learning approach that can help you develop your skills and succeed in the world of day trading.
- How to Invest in Stocks: 7 Proven Steps
- Top 14 Stocks Trading Tips For Beginners
- How To Research Stocks: 6 Best Tips For Beginners
How Much Does Day Trading Academy Cost?
Well, the basic package of this program is priced at $2,997 for a three month session. This package includes access to digital course materials, personalized mentoring by coaches, live trading and review classes.
But wait, there’s more! If you’re looking for even more services, you can opt for additional packages at a higher price point.
Overall, the cost of Day Trading Academy may seem a bit steep, but it’s important to remember that quality education and personalized mentorship can be valuable investments for your future success as a day trader.
Is the Day Trading Academy a Scam?
Well, I’ve done some research and I don’t believe it’s a scam. However, it’s important to remember that day trading is a risky business. According to statistics, the majority of new traders lose their money and many of them never recover their losses. So, you should be cautious before investing your money in day trading.
One thing to note is that the Day Trading Academy website promises that their strategies will never result in financial loss. But is that really possible? It’s highly unlikely that any trading strategy can guarantee you a profit all the time. No matter how good the strategy is, there are always risks involved in the stock market.
Therefore, it’s important to understand that Day Trading Academy’s strategies can only serve as a reference for making an investment decision. At the end of the day, you have to bear your own risk when it comes to day trading.
In summary, I don’t think Day Trading Academy is a scam, but you should be aware of the risks involved in day trading and take responsibility for your own investment decisions.
Learn more: Make Money Online Scams: How to Avoid Them?
Is There a Better Alternative For Making Money Online?
If you’re looking for a stable and secure stream of passive income, investing in the stock market may not be the best option for you. Even with expert advice and insights, the stock market is unpredictable, and you could end up losing more than you gain.
That’s why I suggest starting an affiliate marketing business online instead. Affiliate marketing is perfect for beginners and is one of the easiest and most rewarding online business models out there. Plus, you can start with almost zero cost and earn a sustainable passive income to cover your bills.
If you’re interested in learning about affiliate marketing and building a business from scratch, I recommend checking out Wealthy Affiliate. It’s an all-in-one platform that provides comprehensive training on SEO, free traffic methods, and more, allowing you to get started with affiliate marketing for free.
There are many success stories from Wealthy Affiliate members, such as a 21-year-old student who earned $7,395 in just one week using free traffic methods.
You can check out my full review of Wealthy Affiliate here.
Wealthy Affiliate has a simple pricing scheme with both free and premium memberships available. As a free member, you get access to the community, live chat, training modules, classrooms, networking, commenting, a free website, and the keyword tool. You can enjoy all these benefits without paying a penny.
So, why not sign up for a free starter membership and see for yourself? It’s a risk-free way to explore affiliate marketing and potentially earn a passive income.