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The Daily Traders Review (Updated 2024): Is Mark Thomas Legit?

By: Joel & Josiah
the daily traders review

If you’ve been clicking around on YouTube or TikTok lately, you might have seen a young guy driving flashy cars bragging about how much money he’s made on day trades.

And that young man just might have been Mark Thomas and his company, The Daily Traders.

I know the feeling – you see a guy like that, and the first thought isn’t always the best. “This kid probably got money from his rich parents”, or something like that…but on the other hand, isn’t that a little negative?

Sure, maybe he’s spending his money in ways you wouldn’t, but there’s also a reason you’re here.

You wanna know if there really is something to what this kid is doing to stack those big piles of cash.

And it really is worth asking. After all, people have made money in the stock market for a long time now, and day trading has been even more apart of that since the internet made things so much easier for the average Joe.

But once you start heading down the rabbit hole of making money online, sometimes you get ads from all over the place. Next thing you’re checking out dropshipping, real estate, or maybe even another young TikTok kid like Iman Gadzhi.

It can be a little overwhelming.

Well, I’ve got some good news there for ya: I’ve been grinding these articles for years now, and I can help steer you in the right direction. From affiliate marketing niches to SEO guides, I’ve put in the work.

So I’ll go over the ins and outs of what it takes to be a million dollar trader with Mark Thomas and his trading mentorship, we’ll see how much it all costs, and then I’ll break down how the stock trading industry looks like these days.

Now, let’s get going with The Daily Traders review!

Disclaimer:
This The Daily Traders review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
Training Curriculum
Mentorship
Community

Average Rating

2.67

Mark Thomas' program seems pretty slick, something that should appeal to the younger generation. I like his marketing tactic of showing the details of every single personal trade he makes - which gives an extra level of transparency. There are still many risks to day trading that total beginners may struggle with, or if some people aren't great with math. His Discord community seems like another good step forward toward a younger audience, whereas typically you'll see gurus host private Facebook groups to be more available to all ages. His weakest aspect is mentorship - there's just not much life experience for him yet, but he can definitely improve here in the future.

Day trading is the fastest way to make money trading stocks, which means you should be able to score some cash faster if you do it right.
Mark Thomas is very young, which means he might speak your language better if you're in his age range.
It's always possible to make money with stocks, meaning that if other people were able to do it, then you can too.
As cool as it is that Thomas is having success at a young age, it also means that he doesn't have a ton of experience yet. He isn't even old enough to remember the 2007 market crash!
There is a lot of volatility in the stock market, meaning you could lose money just as fast as you can make it.
It's hard to know much about Mark Thomas' past, which could mean his parents gave him some money to invest, an advantage many do not have.

PROS

  • Day trading is the fastest way to make money trading stocks, which means you should be able to score some cash faster if you do it right.
  • Mark Thomas is very young, which means he might speak your language better if you're in his age range.
  • It's always possible to make money with stocks, meaning that if other people were able to do it, then you can too.

CONS

  • As cool as it is that Thomas is having success at a young age, it also means that he doesn't have a ton of experience yet. He isn't even old enough to remember the 2007 market crash!
  • There is a lot of volatility in the stock market, meaning you could lose money just as fast as you can make it.
  • It's hard to know much about Mark Thomas' past, which could mean his parents gave him some money to invest, an advantage many do not have.

Why Listen To Us?

My name is Josiah, and this is my Dad, Joel.

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online
  2. Straightforward-ness of the system to do it
  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Contents

TLDR – What’s The Verdict On The Daily Traders?

what is the daily traders

So, should you hand over your cash to The Daily Traders?

Maybe.

It all depends what you’re after. Do you really wanna day trade? Do you want a 20 year old TikTok star in control of your finances?

If you’re a younger entrepreneur, maybe a kid like this appeals to you, and he’s exactly what you’re looking for…

…but that doesn’t mean day trading is the best way to scoring some sweet financial freedom.

It doesn’t mean he’s a scammer either, it just means that there are other industries where you can make money online without having to obsess over pre-market buys and sells every day of your life.

Think about it, any time you see bad news pop up on your phone, it could mean you lose everything.

I just think there are cooler industries to check out, like lead generation.

Instead of giving away all your control and all your power to other people, you’re the one making the calls: which niche to focus on, which businesses to work with. All you’ll have to do is bring clients in, and that’s something that is always in demand.

A recession-proof gig? Sounds solid to me.

Who Benefits From The Daily Traders…And Who Should Avoid It?

AreaScoreDescription
Time Investment3/5It can take a little while to set up an account with your bank and get things going, but overall you can click “buy” or “sell” quickly…it’s learning everything else that takes a while.
Level of Control1/5You are completely trusting Mark Thomas and the stock market with your life.
Ease of Implementation2/5It’s easy to open an account, but a beginner will find day trading very stressful.
Ease of Implementation3/5Lots of money to be made…but lots to be lost. The safer investments will cost more investment, so it’s tricky.

Let’s get right into it:

Mark Thomas might be for you if…

  1. You’ve had success investing before (even in something like real estate)
  2. You like the way he explains things on TikTok
  3. You don’t have patience for long-term stock trading

On the other hand, it probably doesn’t make sense to join him if…

  1. You don’t trust “whale” investors’ influence on the markets
  2. You want a mentor with more real life experience
  3. You don’t handle stress and anxiety very well

The Daily Traders At A 1,000 FT View

what is the daily traders

When it comes to day trading, you can make it big real fast – but you can lose it just as fast.

High-risk high-reward” sounds fun. I know that when I was a little younger, all I’d do is focus on the “high reward” part, conveniently ignoring the other half…but the older I get, the more I understand that you have to see both sides of the coin.

Have you seen the way markets have flipped up and down over the past few years? Even if some of you don’t remember 2007, I’m guessing you must remember 2020…it’s a crazy world out there, and it feels like it’s getting crazier every day.

If I’m betting on my future, I want as much control as possible. This is why I keep pushing Digital Leasing. If I want some chaos in my life, I’ll read some news about wars or maybe watch some Ultimate Fighting Championship…but if I want to build a career, I want stability, not craziness.

Give lead generation a shot, but make sure to find the right mentor for you.

Who Is Mark Thomas?

who is mark thomas

Not much info about Mark Thomas exists out there, but here’s what I’ve got for you on the founder of The Daily Traders:

He’s a young guy who grinds a lot of TikTok videos of him and his buddies making day trades, driving fast cars, and living large.

I really like that he’s open about his personal day trading moves, as it provides transparency to his mentorship group.

Now, will you start becoming a million dollar trader, creating generational wealth just by following him?

No, probably not. But I think the kid’s got a bright future if he keeps at it.

How Much Does It Cost To Join The Daily Traders?

how much does the daily traders cost

Since this course is so new, it’s hard to find what Mark Thomas is charging for everything. Some reports peg the number to join his “premier stock trading community” at $494, but if you want 1-on-1 consultation, it’ll likely cost you thousands – if not tens of thousands of dollars.

It all depends what you’re after.

The Daily Traders Refund Policy

the daily traders refund policy

Unfortunately, it seems Mark Thomas will not offer you any refunds once you’ve handed over that cash.

Be careful!

Is Mark Thomas Legit Or Not?

Social Media
Facebookhttps://www.youtube.com/channel/UCAYFc-U0qJJfx6i-0r3HlZw
Instagramhttps://www.tiktok.com/@thedailytrader
Tiktokhttps://instagram.com/thedailytraders?utm_medium=copy_link
Youtubehttps://www.youtube.com/channel/UCAYFc-U0qJJfx6i-0r3HlZw

So…are The Daily Traders legit?

Well, he’s probably not a scammer.

It seems like this guy really has made some good money for himself, and he’s shown some skill when it comes to day trading.

Personally, I still recommend shifting to better industries with more stability, but The Daily Traders aren’t the worst guys out there.

Personal Opinion On The Daily Traders

the daily traders review testimonials

So, how do you choose the right program?

  • Make sure you have a mentor that is super passionate
  • See if there are any online reviews from former students
  • Think about yourself doing this same thing every day for the next ten years

Mark Thomas is far from the worst guru I’ve seen out there.

In fact, here’s a quick 3 things I like about him:

  1. He’s a young guy with lots of energy
  2. Open and transparent with his transactions
  3. Appealing to Gen Z, the next generation of investors

…and, to be fair, 3 things I don’t really like:

  1. Doesn’t show the costs he’ll charge you upfront
  2. No refunds
  3. The stock market is very risky and volatile

What’s Inside The Daily Traders?

the daily traders training program

It’s interesting to note that the legal name for The Daily Traders is actually registered under “Rumford Capital Group”, which might be Mark Thomas’ real last name, or might be a sign that a family member propped up his initial investment for the company.

While that does dampen the “rags to riches” stories we normally like to see, it doesn’t mean everything.

All that aside, Mark still offers a bunch of stuff like:

  • A private discord community
  • Daily updates on how his personal trades are going via screen-share
  • Constant videos on TikTok/IG/YouTube
  • 30+ video training lessons

The Daily Traders Review: Conclusion

Mark Thomas claims to have the most effective trading mentorship group out there. After reviewing his trading system breakdown, I gotta say it’s far from the worst program I’ve seen…

…but do you you really wanna settle for “far from the worst”?

I’ll say it one more time: give lead generation a shot. You just bring in clients for businesses, and the watch you bank account digits spin up and up!

Check out my number 1 recommendation in that industry if you’re interested – I know a few people who are basically working from the beach because of it.

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