When you ask people the best way to earn money online, they will probably answer “trading.” Well, they are not wrong. Trading is perhaps one of the best ways to earn passive income.
However, trading only becomes profitable when you know what you’re doing. When you're first starting trading, it can be challenging to figure out what's going on.
You may see people making huge profits and think you need to do something differently if you do not see the same results.
But don't worry - with some learning, trading can be highly profitable.
By understanding the basics of the market and learning to read charts, you'll be on your way to success in no time!
This is where Trading for Beginners – Entry Level comes in. It’s a trading course for beginners with zero knowledge about trading.
So, is this course legit? Will it help you become knowledgeable and profitable in trading? Let’s find out.
This Trading for Beginners - Entry Level review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Trading for Beginners - Entry Level Review
The overview and rankings
Name: Trading for Beginners - Entry Level
Founder: Tyler Krol
Type: Trading Course
Best for: Beginners in Trading
Trading for Beginners claims to teach students the basics of trading. However, is it really useful? Will it help you be knowledgeable in trading? In this review, we’re going to find out.
Make Time Online Rating:
40 out of 100
What is Trading for Beginners about?
Trading for Beginners – Entry Level is an online course that you can find on Udemy. Tyler Krol is the creator of this course.
According to its page, Trading for beginners helps people with zero knowledge about trading to understand more about trades.
This course claims to teach you why trades occur, how to analyze the markets, understand the language of trading, and know the market mechanics.
To make things simple, this course is simply an introductory course to trading. It’s best for people who don’t know anything about trading and want to start their journey on the right path.
One thing to note is that this course is only the Entry Level. If you know the basics of trading and want to proceed to another level, Tyler Krol also offers Intermediate Level on Udemy.
Who is Tyler Krol?
Tyler Kroll is one of the many instructors on Udemy. According to his Udemy profile, he is a biochemical engineer who has worked for Fortune 50 biotechnology companies in several industries.
So, how does this connect to trading? Well, biochemical engineers often work with numbers and science. According to Tyler, he loves numbers and science, which led him to trade.
Since 2006, Tyler has been involved in the financial markets. This means he has more than 16 years of experience in trading.
In addition to that, Tyler also claims he likes to develop algorithms and indicator scripts.
As of today, Tyler Krol has 44,752 students on Udemy. He also offers two courses on the platform. The first is the Entry Level trading course, and the second is the Intermediate Level trading course.
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How does Trading for Beginners Work?
Trading for Beginners works just like any other course on Udemy. First, you enroll in the course. Then, once you’re good to you, you will get access to videos that you can watch at your pace.
Since this course is for beginners, it does not require students to have prior knowledge of markets, financial analysis, or trading. This course will begin with the basics and work your way up to the next level.
In addition, the course also recommends you bring paper and a pen in case you want to jot down some notes. However, it isn’t required.
Also, since you get lifetime access to this course, you can rewatch the videos to refresh your knowledge.
Inside Trading for Beginners
Knowing what this course is about and how it works, you probably are interested in learning what’s inside it.
Well, Trading for Beginners – Entry Level contains nine sections. Each section is divided into several lessons. You will also need at least 1 hour and 15 minutes to finish the course.
Section 1: Disclaimer
The first section of the course is simply a Disclaimer and a Risk Disclosure statement. Tyler recommends that you watch this section thoroughly and read its content.
According to him, it’s incredibly crucial you don’t skip this section. Section one contains 1 lesson, and you’ll need at least 2 minutes to finish it.
Section 2: Course Overview
The second section of the course is an overview of the entire program. In this section, Tyler will give a brief overview of the course.
The second section of the course only contains 1 lesson, and you will only need at least 1 minute to finish it.
Section 3: Market Basics
This is where the real learning starts. In section three, Tyler will teach you everything you need to know about the market.
This section contains two lessons. The first lesson is about the marketplace. You will learn what the marketplace is all about. It will also give you the tools to know the basics of each market transaction. The second lesson is about market participants.
You will need at least 11 minutes to complete this section.
Section 4: Market Data and Terminology
The fourth section of the course will teach you all about market terminology and market data. This section contains three lessons: limit order, market order, and bid/ask prices.
In this section, Tyler will share with you the basics of the language of the markets. He will explain the Spread, Ask Price, and Bid Price.
Furthermore, Tyler will also teach you the two most basic orders. This includes the Market Order and the Limit Order.
You will need at least 17 minutes to finish this section.
Section 4: Charting Basics
In section four, Tyler will share with you the basics of charting. This section only contains one lesson titled “types of charts.”
As the name suggests, you will learn the different types of charts in this lesson. This is an essential section since charts are ideal methods to visualize the market.
Tyler will teach you how to build charts and why you should use them. Tyler will also provide many examples you can use in the future.
You’ll need at least 8 minutes to finish this course.
Section 5: Analyzing the Market
The fifth section of the course is about Analyzing the Market. In this section, you will learn two lessons. This includes technical analysis and fundamental analysis.
However, Tyler will only share an overview of these lessons since he will cover them in the following two sections.
You will need at least 16 minutes to finish this section.
Section 6: Fundamental Analysis
Now that you’ve got an overview of Fundamental Analysis in section five, section six will further explain what fundamental analysis is.
Section six only contains one lesson called the “Economic Calendar.” You will need at least 4 minutes to finish this lesson.
Section 7: Technical Analysis
Now that you’ve got an overview of Technical Analysis in section five, section seven will further explain the technical analysis.
This section contains three lessons. Tyler will teach you more about indicators, distribution, and consolidation in this section.
You will need at least 15 minutes to finish this section.
Section 8: Course Recap
Section eight is the final section of the course and simply a recap of the whole program.
Aside from the recap video, you can also get a bonus lecture that will offer you a discount coupon for Tyler’s next course, Trading for Beginners – Intermediate Level.
In addition, this section also has a quiz that will test your knowledge about trading. It contains seven questions. All questions are related to all the lessons from this course.
How to Join Trading for Beginners
Unfortunately, joining this course is a bit difficult. This is because when you search the course title on Udemy, the results won’t give you the correct program.
Thus, if you want to join this course, you should avoid searching for it on Udemy. The best way to find this course is through Google search.
All you’ve got to do is type in “Trading for Beginners – Entry Level Tyler Krol” on Google’s search bar and enter.
Then, once you’re on the homepage, click the result that matches your query. It should be from Udemy.com, and it should have the same title.
After clicking it, you should see a button that says “Enroll Now.” Click that button, and you’re good to go.
Trading for Beginners Cost to Join
The cost to join the Trading for Beginners course is $0. Yes, you’ve read it right. This is a free course on Udemy. You don’t need to spend money on it. All you need is a Udemy account.
Trading for Beginners reviews online
Trading for beginners is a trading course that teaches you all there is to know about Investing and how you can use it to and earn money in the future through stocks.
But is it any good?
The only way to know this is to read reviews from people who have tried it by themselves...
Common Positive Trading for Beginners reviews
- Information seems real.
- Excellent introduction to markets and trading.
- Pretty comprehensive.
The following comments below are the common positive reviews you’ll find online:
- “So far, the information seems real, and although it is basic, it still feels correct, useful, and legit. That is, it really feels that I'm learning real useful information that makes sense, and although it is basic, it is useful to broadly understand the subject in its basic form. I find it useful and constructive.”
- “This course is an excellent introduction to markets and trading. It offers clear and concise explanations of the basic concepts that underlie how markets operate and how trading is conducted. This is done through the use of informative and engaging graphics employed throughout the lectures, which augment the winsome manner in which the instructor presents the material.”
“This is pretty comprehensive for beginners but most valuable. It's better when you read it in the context of a specific security. That’s when I understand the concepts of Fundamental Analysis, Indicators, etc.”
Common Negative Trading for Beginners reviews
- This course is a waste of time.
- It feels tedious to watch the videos.
- Small amount of knowledge in the slides.
And here are the best negative reviews I seen:
- “I am extremely sorry to say that this course is an absolute waste of time because it is full of theory. No practical knowledge at all. No hands-on experience at all. Why would you include 14 lectures and intend to give no specific knowledge and generalize everything? Personally, I gained nothing from this course. Again, opinions may differ from person to person. I tried to present my honest and true feedback. There is nothing against the author of this course, and I hope you will respect my unbiased reviews.”
- “I get that they're trying to go slow for those who don't know anything about trading, but so far, it feels tedious to watch the videos. I have to constantly bring myself to focus again and rewind.”
- “I feel the course takes so much time to leave a small amount of knowledge in the slides. The pace is slow and therefore takes a big amount of time for a relatively small amount of information.”
Is Trading for Beginners a scam?
The answer is no. It is not a scam. It does not cost anything. So, how can you call it a scam when you can get it for free? It’s only up to you if you want to invest your time in it.
However, it will only take you 1 hour and 15 minutes to finish the entire course. So, it’s still worth considering it.
Trading for Beginners Pros
Here are some of the best things that I discovered when reviewing Trading for Beginners...
#1 Tyler Krol is an expert in trading
According to Tyler, he’s been in the trading industry since 2006. Assuming this is true, he has at least 16 years of experience in trading. This is extremely important as an instructor since you’re also sharing your experiences in your lessons.
#2 It's Free
This is perhaps the most significant benefit of the course. It doesn’t cost anything. You can get it for free.
#3 It's Beginner-Friendly
Another advantage of this course is that it’s created for beginners. So, if you don’t know anything about trading, you’ll find this course helpful.
Trading for Beginners Cons
And here are some of the things I find off in Trading for Beginners.. So take note of these...
#1 It's just an Introduction to his next course
This course is simply a setup for you to enroll in his Intermediate Level course. When you finish this program, you’ll probably want to learn more.
That is why Tyler offers a discount for his next program at the end of this course.
#2 It's quite short
Learning to trade is not that simple. I think 1 hour and 15 minutes is not enough to understand the trading basics.
#3 Free courses don't offer other features
When you get this course for free, you’ll only gain access to its video content. This means you will not get a certificate or a chance to ask the instructor questions.
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My opinion - Trading for Beginners
This course can benefit people who need to gain knowledge about trading. One of the biggest benefits for me is the price. It’s completely free.
With this course, you can start your trading journey and see if it’s really for you without investing money.
On the other hand, if you’re already knowledgeable about trading, I suggest you skip this course and look for other programs online.
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