Today, let’s talk about the Trade Genius online platform created by Bob Kudla.
In the past, trading securities was something only a few people dabbled in. But lately, with the way the markets are behaving, more and more folks are getting curious about trading stocks, forex, and cryptocurrencies.
It’s not surprising that young people are showing a keen interest in financial markets these days. What used to be a luxury for the rich is now accessible to the middle class.
There’s a good reason for this shift. Some types of investments have proven to be resilient even in economic downturns, and their value has gone up.
However, trading in investments can be a double-edged sword. Especially in unpredictable markets like stocks, forex, and cryptocurrencies, there’s a risk of losing money.
That’s where Trade Genius comes into play. You might have heard about this software in the world of stock market trading.
Just to be clear, I’m not connected with Trade Genius Academy, and I’m not getting paid to write this review. So you can trust that my words are unbiased.
Towards the end of this review, I’ll also share a better alternative that has allowed me to create a full-time passive income online.
In this Trade Genius Academy review, we’ll cover the following points:
Table of Contents
- What Is Trade Genius Academy?
- Who is the Founder?
- Trade Genius Overview
- How Much Can You Make With Trade Genius?
- Trade Genius Academy Pricing
- Praise for Trade Genius Academy
- Cons of Trade Genius Academy
- Who Is Trade Genius Academy For?
- Is Trade Genius Academy A Scam?
- Is There A Better Way to Make Passive Income?
What Is Trade Genius Academy?
Trade Genius is a trading platform suitable for traders of all levels of experience. They have the Trade Genius Academy, offering courses on various trading topics such as stocks, ETFs, cryptocurrency, binary options, gold, and silver. To provide personalized assistance, Trade Genius offers a coaching chatroom where students can get tailored support.
One of its standout features is its collection of “stock indicators.” These indicators continuously watch market movements using specific calculations. When a potentially profitable trade opportunity comes up, the software quickly informs users through text messages, emails, or desktop alerts.
Trade Genius also provides membership subscriptions that come with real-time signals designed to identify profitable trades and notify subscribers. In addition, they host a podcast on YouTube and Spotify, covering topics like the stock market, cryptocurrency, finance, and more.
Who is the Founder?
Trade Genius Academy was started by Bob Kudla.
Though there’s not much detailed info available about him, even on his own company’s website, here’s what we do know: Bob Kudla has nearly three decades of experience in administrative and management roles in the banking industry. On top of that, he’s the brains behind several successful businesses, like a solar energy provider and a marketing consulting firm.
His impressive track record has made him a respected figure in financial markets. He’s also been a featured guest on various podcasts discussing finance and cryptocurrencies.
Trade Genius Overview
There are two main categories for the material presented in Trade Genius Academy: Quotes and Indicators.
Traders can use the available online courses to acquire the necessary knowledge to trade any asset of their choice. Even though these courses are designed for newcomers to the world of trading, experienced professionals can also learn something from them.
The indicators act as automatic alerts for traders. As mentioned earlier, when they come across a trade that could yield a profit, a signal is sent to users. For example, via the Short Message Service (SMS), an email alert, or a notification on your computer’s desktop.
Trade Genius offers five courses, each focusing on different aspects of investing. You only pay for the course and materials, while some optional extras like in-person instruction and support group membership are available.
Here’s a summary of the courses and their costs:
Crypto Bear Market Strategies Vol. 1 ($399)
When major cryptocurrencies like Bitcoin drop by at least 20% from their recent highs and keep falling, it’s called a “crypto bear market.” This term comes from bears, which attack by leveraging their size and weight.
On the flip side, a “crypto bull market” is the opposite. It happens when major cryptocurrencies rise by over 20% and keep going up.
This course will teach you how to make profits even in declining cryptocurrency markets. The topics covered include:
- Identifying a Bear Market
- Understanding Margin Trading
- Strategies for Short-Selling
- Using Bitcoin Spreads (which is the difference between the buying and selling prices for crypto)
Learn To Trade Crypto Currencies Vol. 1 ($799)
This is Trade Genius’ primary Bitcoin training course, where you’ll build the essential skills for successful Bitcoin trading. In this course, you’ll learn about key topics such as:
- What Bitcoin is
- How to open a trading account
- How to execute your first transaction
In addition, you’ll discover the best cryptocurrencies to invest in and the reasons behind these choices.
How To Trade Gold And Silver ($799)
Today, stocks and cryptocurrencies are hot trading assets, but wise investors understand the enduring value of precious metals like gold and silver.
Why? Because they’re remarkably steady when it comes to price fluctuations. Unlike the roller-coaster ride of stocks and cryptocurrencies, the value of gold and silver tends to remain stable and rarely shoots up dramatically.
In this all-inclusive course, you’ll get a solid grasp of investing in and trading precious metals, including gold bars, jewelry, and certificates.
Learn To Trade Binary Options Vol. 1 ($899)
The aim of a binary option is straightforward: predict the price of a stock at a specific time and date, and you’ll earn a set return.
If the stock price ends up higher than your prediction, you receive an immediate payout. But if it falls below your forecast, you lose your bet, and that’s it.
Advocates suggest that binary options are a more accessible investment compared to traditional stocks. You typically only need a small initial investment, and with smart moves, you can potentially multiply your funds.
This course covers everything you need to grasp about binary options. Beyond the basics of trading and understanding binary stocks, you’ll also gain insights into how to effectively use binary options for income.
Learn To Trade Stocks – Etfs Vol. 1 ($899 To $1,299)
This is the foundation of Trade Genius’ curriculum, providing comprehensive coverage of stock market trading. Plus, we’ve included information on exchange-traded funds (ETFs).
Exchange-traded funds (ETFs) are like bundles of stocks and bonds that trade on major exchanges like the New York Stock Exchange (NYSE) and the National Association of Securities Dealers (NASD).
You have two options to choose from:
- In the first version, you’ll get the core course material.
- In the second version, you not only receive the course material but also valuable guidance on maximizing your trading gains and minimizing losses.
Trade Genius Academy offers a total of five distinct software indicators. Each of these indicators employs its own calculation approach and comes with a notification system that alerts you via SMS, email, or a pop-up window on your computer when it identifies a profitable trade.
The Blue Ribbon Indicator ($799 For Lifetime Access)
The Blue Ribbon Profit Indicator is a versatile tool designed to help traders spot price trend reversals swiftly, while significantly reducing the chances of false signals.
It adapts to the unique paces of stocks, ETFs, forex, and cryptocurrencies by analyzing historical data to predict future performance, with a flexible time period.
When the alert feature is activated, traders can receive potential trade notifications through text messages, emails, or desktop pop-up windows.
This indicator is compatible with cryptocurrency and ETF charts in 15-minute, hourly, and daily time frames. Note that it hasn’t been specifically calibrated for individual stocks.
The Trade Genius Profit Sniper ($399 Annually)
This indicator helps you identify potential reversal points with high accuracy by spotting hidden divergences in price behavior.
It works best when used alongside other Trade Genius indicators and is suitable for trading on all time frames and various tradable instruments.
The Fulcrum Indicator ($799 For Lifetime Access)
Successful traders focus on buying low and selling high across different time frames and price levels. The Fulcrum Indicator simplifies this process by using pre-programmed colors, reducing the chances of mistakes.
By combining the Fulcrum oscillator with two additional filters, it enhances the potential for successful trading.
It performs well on 15-minute, hourly, and daily time frames for crypto and ETF charts, but it’s not optimized for specific stocks.
Trade Genius Trade Trigger ($799 For Lifetime Access)
The Trade Trigger Indicator is designed to guide traders by keeping them in winning trend trades.
It alerts you when it’s a good time to exit an oversold position or when buying during a price decline is recommended.
If a stock is overbought and you want to maintain the trend, this indicator helps you resist the temptation to sell.
Like the other indicators, it works effectively on 15-minute, hourly, and daily time frames for crypto and ETF charts, but it’s not tailored for specific stocks.
The Ultimate Indicator ($799 For Lifetime Access)
This advanced tool from Trade Genius enhances the Ribbon Trading technique by adding a filter to pinpoint the best trading opportunities, making it the ultimate choice for traders.
For instance, if you’re familiar with the Ribbon system, you can check the Price Momentum Buy Signal settings, and the Ultimate Indicator will confirm if it’s a strong setup or not. It can also alert you when a trade is losing its momentum.
The goal of this strategy is simple: keep you in profitable trades and provide a quick exit from losing ones. It works seamlessly on the same timeframes (15-minute, 1-hour) as the others and can be used with cryptocurrency and ETF charts. However, please note that it’s not specifically optimized for individual stocks.
Trade Genius extends its services to include private tutoring sessions for students seeking mentorship in the world of trading.
The content covered in previous lessons shapes the focus of these coaching sessions. This personalized guidance offers students the opportunity to explore various topics, including cryptocurrencies, binary options, and gold/silver trading, among others.
It’s worth noting that these coaching sessions are not included in the course fees and are available for separate purchase. This approach helps Trade Genius maintain competitive course fees. Nevertheless, the integration of these sessions into the curriculum could potentially enhance the overall learning experience.
The cost of tutoring varies, with options ranging from a four-week program at $1,499 to an extensive six-month program priced at $6,999.
How Much Can You Make With Trade Genius?
Well, based on the testimonials on their website, you could potentially make some impressive profits.
For example, one customer claimed to have turned their initial $15,000 investment into a crypto portfolio worth over $100,000 in just a few months. Another review mentioned making more than $800 after completing Trade Genius’s ETF course.
However, it’s important to remember that these testimonials are from Trade Genius’s own website, and there are no external reviews available for confirmation. So while these success stories are promising, it’s a good idea to approach them with some caution.
Trade Genius Academy Pricing
Trade Genius Academy offers a variety of courses that cover a wide range of economic topics. Here’s a breakdown of their pricing:
Introductory Courses: Options trading and cryptocurrency courses start at only $97.
Advanced Topics: If you’re interested in more advanced topics like oil trading or specialized trading strategies, the cost can go up significantly, often totaling several thousand dollars.
Bundle Deals: You can access a bundle of courses, which includes topics like cryptocurrencies and exchange trading, for just $129.
Package Savings: Most other courses in the Academy are priced between $399 and $1,299 per package. Buying a package is often a more cost-effective option compared to purchasing individual lessons.
Subscription Service: If you’re into binary options trading signals, you can subscribe to this service separately. The subscription can cost $500 or more annually, and some packages include access to Trading Genius.
Personal Coaching: Trade Genius Academy offers personalized coaching options. You can choose between a four-week coaching plan for $1,499 or a six-month plan for $6,999. These coaching sessions cover various areas, including the bitcoin market and binary options.
Trade Genius Academy welcomes users from around the world. If you have any questions or concerns, you can review their data and privacy policies for additional information.
Praise for Trade Genius Academy
1. Comprehensive Resources for All Traders
Trade Genius Academy provides a diverse array of resources, including courses, indicators, and coaching chatrooms, making it suitable for traders of varying experience levels.
2. Transparent Pricing
Trade Genius’s website lists the prices of their services upfront, ensuring transparency and helping traders make informed decisions.
3. Affordable Personal Coaching
Their personal coaching chatroom offers an affordable way for traders to receive one-on-one guidance from experienced professionals, enhancing the learning experience.
Cons of Trade Genius Academy
1. Time-Consuming Chart Monitoring
Constant Chart Checking and Notifications in trading with Trade Genius demand a substantial time commitment, making it less suitable for people with limited availability for manual trading.
2. High Cost
Trade Genius’s services come at a price, which may be expensive for some individuals, potentially limiting access to those with limited financial resources.
3. Obscure Creator Background
Limited information about the creator, Bob Kudla, and his credentials may raise doubts about his expertise and the reliability of Trade Genius’s services.
4. Non-Refundable Courses
Trade Genius’s policy of non-refundable courses means that once you purchase their educational materials, you cannot get a refund, which can be a drawback if you’re unsatisfied with the content or delivery.
5. Income Uncertainty
Trading isn’t a quick fix for urgent financial needs. It takes time and commitment, so it’s not ideal for those in immediate financial distress.
Getting into trading often means needing a substantial upfront investment, which can be tough for people with limited funds.
Unlike a regular job, trading doesn’t provide a steady income. In fact, there’s a chance of losing money, making it an unpredictable source of financial support.
Who Is Trade Genius Academy For?
Trade Genius Academy is suitable for people who are:
Financially Secure: You should have enough money to invest without causing financial strain.
Comfortable with Risk: Trading can be unpredictable, so you must handle losses without emotional distress.
Analytical Skills: While they’ll teach you, having an aptitude for analyzing market trends is a plus.
Committed: Trading requires time for research and monitoring.
Adaptable: Markets change; you must be open to new strategies and conditions.
Interest in Finance: Genuine interest keeps you motivated through ups and downs.
However, you should avoid Trade Genius Academy if you are:
Financial Dependence: If you rely solely on trading for income, it’s risky.
Emotionally Impulsive: Trading requires logical, data-backed decisions, not impulsive ones.
Busy Schedule: The fast-paced market demands regular attention.
Risk-Averse: If you’re uncomfortable with possible losses, consider less risky options.
Is Trade Genius Academy A Scam?
Trade Genius Academy is not a scam. They offer valuable knowledge and resources for traders. They provide extensive courses and detailed indicators, and their YouTube channel has a substantial following, which suggests expertise in trading.
However, it might not be the best choice for everyone.
Bob Kudla, the main figure behind Trade Genius Academy, doesn’t have a well-documented background or credentials in the financial industry. This means you should be cautious and do your research before blindly following their advice.
Besides, trading in financial markets always comes with risks. While Trade Genius Academy can provide knowledge, it can’t eliminate the inherent risks of trading. You should be aware that you could experience losses as well as gains when you trade.
Trading success isn’t guaranteed, and it often involves facing losses before achieving significant wins. Many traders find it tough to stay emotionally resilient during losing streaks. It’s essential to have realistic expectations and understand that trading is a challenging and lengthy journey.
Depending on your needs and preferences, there may be other educational resources or trading platforms that are a better fit.
Is There A Better Way to Make Passive Income?
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online instead.
Affiliate marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
For more information, you can check out our full review of Wealthy Affiliate.