Real life Trading, in contrast to the majority of platforms in the trading space, actually provides a number of free trading courses. It covers a wide range of trading strategies, but day trading and swing trading are its main focus.
it was founded 2014, by Jeremy Newsome to establish an online community of stock traders. The platform aims to make trading accessible to everyone, regardless of prior trading experience. It does this by providing a wide range of resources for trading education.
In this article we’re going to discuss different aspects and features of the platform. If you’re interested in a more in-depth review, we recommend this Real Life Trading review from Modest Money.
What Are Real Life Trading’s Best Features?
All-Access Pass
A comprehensive online trading course for people of all ages, skill levels, and backgrounds is included in the All-Access Pass. It offers over 45 hours of live training per week including a variety of trading strategies, including day trading, swing trading, back trading, algorithmic trading, long-term investing, cryptocurrency strategies, and strategy review.
It also provides expert one-on-one trading support, access to all live trading rooms, real-time buy, sell, and hold alerts, live practice sessions, and live market analysis. Making it one of the most comprehensive packages on the markets today
On top of that five full-time professional traders instruct the course, assisting participants in making consistent profits in any market. All of this comes in for a relatively low price of $275/month. It’s important to remember that the platform does focus on day and swing trading over long term positions, so $275 if reflective of making consistent profits in the market.
Educational Materials
The extensive and in-depth trading courses offered by Real Life Trading are one of its most distinctive features. These classes cover everything from the fundamentals of trading and market analysis to advanced risk management strategies. The courses are intended to be both instructive and practical, focusing on assisting traders in applying what they have learned. The information is presented in a way that is easy to understand and brief, making it accessible to traders of all levels of experience.
Another champion component of Real Life Trading is its lively community. With an emphasis on building a steady and cooperative climate, Real Life Trading gives its individuals a stage to share thoughts and techniques. Because it provides traders with a supportive network of like-minded individuals who are all working towards the same goal, this sense of community is one of the primary reasons that Real Life Trading has been so successful in helping traders reach their full potential.
Although you do have to be paid subscriber to join the community, the educational materials are largely free, most importantly those that introduce new ideas if you’re new to trading.
Funded Accounts
Through Eightcap’sMetatrader 5 and WebTrader, Real Life Trading offers funded accounts. Meaning after you learn and start testing your abilities the platform provides traders with options for funded accounts in the stock, forex, futures, and cryptocurrency markets aka they give you money to trade and split the profits. There are currently four sizes of funded accounts on the platform: $50K, $100K, and $200K (for advanced traders, $500K). To get funded live, you must grow the demo account by 10% while adhering to the rules. Once you reach the profit goal of 10%, you must submit KYC information to receive login information for your funded account. This makes it one of the simplest platforms to use.
The drawdown currently sits at 5% of your starting balance once you’ve reached a fully funded account. CFDs of stocks, forex, futures, and cryptocurrency are the instruments that can be traded, and the platform lets people from almost every country use it. Making it a great option especially if you need flexibility in your physical location. The platform is open Monday through Thursday from 9:35 a.m. to 3:55 p.m., and Friday from 9:35 a.m. to 3:45 p.m. Sunday at 6 p.m. to Friday at 3 p.m.), and trades must be completed by 3 p.m. on Friday.
If you’re interested in other platforms, you can check this article on the best day trading platforms for beginners.
How Does It Compare to Others?
If you’re interested in trading, you’ve probably come across some Real Life Trading’s competitors like Seeking Alpha and Mindful Trader. Both platforms are notable for their own unique approaches to trading with Seeking Alpha being one of the most used and Mindful Trader having a fantastic mathematical basis for swing trading.
If you’re curious about how either of them compares to Real Life Trading you can read this Seeking Alpha review and this Mindful Trader review.
Should I Use Real Life Trading?
Simply put yes. Maybe not the paid version to start, but as mentioned the platform has a ton of free resources to help you dip your toes into their offerings. Making it an easy recommendation to make. If you want to find out even more about the platform you can read this Real Life Trading review from Tech Bullion or this Real Life Trading review from Market Business News. Or if you’re ready to sign up you can click this link and go directly to the site.
