Prosper Trading Academy Reviews
The company provides training in options trading, futures, and cryptocurrency. Their coaches have 75+ years of combined experience helping investors sharpen their skill sets.
Scott Bauer is a veteran trader with extensive knowledge of the options and futures markets. He has worked at the Chicago Board Options Exchange and the Chicago Mercantile Exchange. Check out Prosper Trading Academy Reviews for more information.
What is Prosper Trading Academy?
Prosper Trading Academy is a trading academy founded by Scott Bauer, a well-known expert in the financial trading industry. The academy offers a variety of courses that teach traders how to make money from the stock market.
The academy’s instructors are seasoned veterans in the financial market with a combined experience of over 75 years. The program also provides comprehensive educational materials and personalized support for its students. Many of the academy’s clients have praised the program for its unique approach to trading education.
One client, Barry Cardiner, rated the academy 5-star on Trustpilot and shared his positive experience with the program. He noted that the coaching team was supportive and respectful, and he appreciated the way they took time to answer his questions. He also appreciated that they were available to provide guidance and recommendations for his trades.
Another client, James Pontak, also praised the academy for its training and investment advice. He described how he was able to make significant gains in his portfolio under Mike Shorr’s guidance. He also praised the academy’s commitment to transparency and accountability with its students.
However, some customers have complained about the high price tag of the program. They felt that the courses were too expensive, especially for beginners in trading. They also did not appreciate how the instructors called truck drivers to ask them for thousands of dollars over the phone.
Some users have also reported that the course is not as effective as advertised. While it is true that the academy’s coaches have a lot of experience in the trading industry, this does not mean that they will always be successful in teaching others how to trade. In addition, the academy’s students must be willing to put in the work and follow the course’s instructions if they want to see results.
While prosper trading academy has a high number of positive reviews, some of these are from unreliable sources. Therefore, it is important to do your own research before committing to any program. It is also important to remember that there are no guarantees when it comes to investing in the stock market, so be sure to consider your options before making a decision.
Who are the Coaches at Prosper Trading Academy?
Traders at prosper trading academy receive support and mentorship from an experienced team of traders. They also have access to live market data and trading tools. However, it is important to remember that trading involves a significant amount of risk, and it is impossible to guarantee success. This is why it’s important to research the program thoroughly before investing any money.
Scott Bauer is the founder and CEO of Prosper Trading Academy. He is a former Goldman Sachs Vice President and trader with over 25 years of professional equity and index options experience at the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange. He is a frequent guest on TD Ameritrade and has appeared on CNBC, Bloomberg, and Fox Business as a market commentator.
One of the reasons that Prosper Trading Academy has so many positive reviews is that it is run by an experienced team of traders. In addition to Scott Bauer, the coaching staff includes equities expert Charlie Moon, derivatives veteran Mike Shorr, and Foundation Room host Carl Senne. Together, they teach students how to avoid common option trading blunders and maximize profits.
In addition to the foundation room, Prosper Trading Academy also offers a number of other courses and mentoring services. These include a course on options theory, a course on momentum and penny stocks, and a course on short-term options trading. All of these courses are designed to help beginners learn how to trade and make money in the stock market.
The only negative review that we could find of Prosper Trading Academy was a single 1-star review from a customer who complained about the company calling truck drivers and asking them to pay thousands of dollars over the phone for “trading education.” However, the complaint was resolved quickly, and the company responded with a rational explanation.
Overall, Prosper Trading Academy is a legitimate program that can provide investors with the knowledge and tools they need to succeed in the stock market. However, it is important to remember that there are no guarantees in the stock market, and even the most experienced traders can make mistakes.
What is the Training at Prosper Trading Academy?
There are several programs offered at Prosper Trading Academy, each designed to teach traders how to trade stocks like a professional. They also offer a live signal trading room and mentoring services. Their customer care team is always on hand to help with any issues that may arise.
Founded by Scott Bauer, a renowned trading expert who has appeared on CNBC and Fox Business, Prosper Trading Academy teaches a simple strategy that can generate explosive profits with minimal risk. Bauer has over 25 years of experience in the options and futures markets, having worked for the Chicago Board of Trade and the Chicago Mercantile Exchange. His strategies are easy to understand and can be applied by traders of all skill levels.
The company has a team of highly experienced trading coaches, each with their own specialty. The powerhouse lineup includes Scott Bauer, who specializes in options and derivatives trading, Charlie Moon, who focuses on penny stocks, and Mike Shorr, a veteran of the futures market. Together, this group of trading veterans provides comprehensive training for all types of investors and traders.
In addition to its live signals trading rooms, Prosper Trading Academy also offers an extensive library of online courses and videos on topics such as option volatility theory, standard and specialty stock trading, and trading psychology. It also offers a free Foundation Room that allows new traders to learn the basics of trading and use technical analysis tools to identify potential market opportunities.
While Prosper Trading Academy has a large number of positive reviews, there are some concerns that should be taken into consideration. For one, some of these reviews come from unreliable sources, and others report that they have lost money after using the program. In addition, the program is expensive, with a membership costing up to $20,000 per year.
Despite the negative feedback, most customers say that they are satisfied with the training and support they receive from Prosper Trading Academy. For example, Barry Cardiner rated the academy 5-star on Trustpilot and reported that his experience was “everything I expected and more.” He added that the coaching team was helpful and supportive, and that they answered all of his questions in a timely manner. He also praised the Foundation Room, saying that it helped him develop his trading style and build his confidence.
Is Prosper Trading Academy a Scam?
Prosper Trading Academy is a legitimate company that offers a wide range of courses for traders. Their programs are designed to teach both theoretical and practical aspects of trading. They also offer support and mentoring services to their clients. The program is endorsed by experienced trading coaches like Scott Bauer, who has appeared on CNBC and Fox Business. Other trading coaches include Charles Moon, who specializes in penny stocks, and Mike Shorr, who is an expert in options volatility strategies.
The company’s lending program allows investors to make loans to borrowers with a minimum credit score of 640. The loan amount that a borrower can receive depends on their credit profile, and they are allowed to prepay the principal at any time. The company also reports monthly payments to the three major credit bureaus. This way, borrowers can pay off their debt in installments over a maximum of five years.
To apply for a loan, a borrower must provide basic contact information and some financial details. Then, the company will use a proprietary scoring system to rate their application and verify identity. If approved, the borrower will receive funds through direct deposit within a few days. Prosper also verifies the borrower’s employment status and conducts a hard inquiry on their credit report.
In addition to the online courses, the company also provides live trading signal alerts and one-on-one mentoring sessions. This can help a trader build confidence in their trading skills. However, it’s important to note that trading is a risky investment and you should only invest money you can afford to lose. In addition, trading is not as easy as it sounds in the videos and podcasts from the Prosper Trading Academy. It takes a lot of hard work and dedication to become successful in the trading industry. The company does not guarantee any results, and it’s up to the individual trader to determine if they are ready for this type of work.