TLDR – What’s The Verdict On 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?
Area | Score | Description |
---|---|---|
Time Investment | 3/5 | It 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 Control | 1/5 | You are completely trusting Mark Thomas and the stock market with your life. |
Ease of Implementation | 2/5 | It’s easy to open an account, but a beginner will find day trading very stressful. |
Ease of Implementation | 3/5 | Lots 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…
- You’ve had success investing before (even in something like real estate)
- You like the way he explains things on TikTok
- You don’t have patience for long-term stock trading
On the other hand, it probably doesn’t make sense to join him if…
- You don’t trust “whale” investors’ influence on the markets
- You want a mentor with more real life experience
- You don’t handle stress and anxiety very well
The Daily Traders At A 1,000 FT View
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?
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?
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
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?
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
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:
- He’s a young guy with lots of energy
- Open and transparent with his transactions
- Appealing to Gen Z, the next generation of investors
…and, to be fair, 3 things I don’t really like:
- Doesn’t show the costs he’ll charge you upfront
- No refunds
- The stock market is very risky and volatile
What’s Inside The Daily Traders?
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.