What is I Am A Day Trader?
I Am A Day Trader like the name suggests is a website that teaches you how to be a successful day trader. The website offers a Day Traders Fast Track Program that focuses on getting you into the top 5% of day traders. The program is going to teach you strategies, tactics, and techniques that should help you in becoming a good day trader.
Who is behind I Am A Day Trader?
Ray Freeman, who is also known as the Samurai Trader, is behind this program. He has been trading for more than 20 years. You can also find him on his YouTube channel, where he talks a lot about day trading and teaches different methods of day trading.
I like the fact that his free content on YouTube is quite lengthy, and it can’t be denied that his presentation skills are quite exceptional. He frequently uses metaphors to get his point across and shows various charts to explain what is going on.
Pros
- Experienced Mentor: Ray has been doing this for more than 20 years as I mentioned before. You can’t find many mentors who are more experienced than Ray.
- Lengthy Training: There is plenty of training in his Fast Track Program.
- Simplicity: Ray tries to simplify everything, which will surely help the newbies in becoming better traders.
- Fair Price: The price of the training is pretty good.
- Email Support: You can get support through email.
Cons
- There are no cons in my opinion.
What do you get inside I Am A Day Trader?
Let us begin with the Fast Track Program. This is the program that will get you on the fast track to become a day trader. Ray focuses on simplicity instead of worrying about every little detail. He believes that too many indicators or chart patterns can confuse you, and you might lose your way. So, he provides you rules-based trading strategies to take out the guesswork and trade with confidence.
The program will cover a wide variety of topics. It will cover the basics of day trading and teach you how to choose the trading strategy that will be perfect for your trading style. It will teach you how to identify and execute low-risk high probability trades. This is very important because once you learn to do that, you can start earning profits and winning most of your trades.
Following are some other topics that are covered in the training.
- Determining market direction
- 12 day and swing trading strategies
- Trading pivot bounces
- Rules-based trading strategies for trend trading, trend continuation, breakouts and reversal points
- Identifying and trading high probability reversal trades
- Sling Shot strategy for following trends
- Super Scalper strategy for pinpointing trade entries for trend trading as well as counter-trend trading
- Channel breakout trend trading
This is only a glimpse of the topics that are covered in the training. You can take a look at the website to get a detailed list of what is covered.
This training takes a simple approach and lays down clear and concise rules for trading. After going through the entire training, you will not be confused about what you should do next. The added bonus is that the training will also teach you the mindset to become a great day trader. Some coaches have a separate training for just the mindset, but you are getting mindset training in this one without paying anything extra.
This is an online video course, so you don’t have to worry about reading long and boring training materials. You will also get a PDF with over 40 hours of recorded live trading and training sessions, which will help you in learning from how Ray trades.
In addition to the Fast Track Program, Ray offers a Master Trader Coaching Program. This program is for those who want to learn from Ray and ask questions in 2 sessions of 2 hours per week for 4 weeks. So, you will get 16 hours of coaching and learn various strategies and topics in detail.
How much does I Am A Day Trader cost?
Fast Track Program: $197
Master Trader Coaching Program: $497 ($197 for past members)
What do the customers think?
Most of the people are impressed by this program. Their confidence has increased, and they have become better traders. They also claim that most of their trades are winning trades after going through the training. Some people doubled or tripled their money in a matter of weeks. However, you need to remember that your results depend on your effort, and day trading will always be risky.
Who should buy I Am A Day Trader?
This program is for people who want to learn trading as well as people who have already tried trading but failed. If you are looking for a program that teaches how to day trade in simple terms, then this program is worth checking out. You also need to be willing to go through lengthy training because you can’t hope to finish the entire training in a day or two.
Who shouldn’t buy I Am A Day Trader?
People who aren’t interested in day trading or people who are already doing well as traders should avoid this program. Some people may not like Ray’s simple approach and may want to learn a complex approach that focuses on multiple factors. Such people should also avoid this one.
Final thoughts
I Am A Day Trader will give you a good shot at becoming a day trader. This program is not for those who aren’t willing to go all in. There should be no doubt that you will need to work hard and revise the training as much as you can before you can see good results. I believe that the training will certainly help you in reducing your risk and increasing your profits.
If you want more, then you can join the Master Trader Coaching Program. It offers a great way to learn from an experienced trader and clear any doubts that you have. Obviously, I recommend this program.
I hope you enjoyed this I Am A Day Trader review. You can share your experience through the comments section below.