Trade Genius is a trade investment platform created by Bob Kudla. They sell courses, memberships, and tools for trading exchange-traded funds (ETFs), stocks, cryptocurrency, and binary options.
While trading can be a lucrative source of income, it’s not for everyone. For beginners, some risks come with trading, such as the inconsistency of cash flow and the tendency to be emotional because you haven’t developed the patience and rationality of seasoned traders.
If you don’t know how to start or you’re looking for extra guidance, Trade Genius has courses, indicators, signals, and coaching services for beginner and experienced traders. This review covers everything you need to know about the trading platform.
Trade Genius Review: Pros and Cons
Pros
Comprehensive Resources: Trade Genius offers a wide range of resources, such as courses, indicators, and coaching chatrooms, catering to traders of various experience levels.
Transparent Pricing: The prices of their services are all listed on their website.
Personal Coaching: Their personal coaching chatroom offers an affordable way to get personalized guidance from experienced professionals.
Lifetime Access to Courses and (Some) Indicators: You can reinforce your learning over time without additional costs, making it a cost-effective option for ongoing education. Having no monthly annual or monthly subscriptions to the most essential indicators is convenient as well.
Cons
Constant Chart Checking and Notifications: Being actively involved in trading requires regularly monitoring charts and notifications, demanding a significant time commitment for manual trading.
Emotional Roller Coaster: Trade losses and wins can put you on an emotional roller coaster.
Expensive: Trade Genius’s services can be costly for some people.
Not Suitable for Urgent Financial Needs: Trading isn’t a quick solution for immediate financial needs. It requires a lot of patience and constant dedication.
Significant Initial Investment: Engaging in trading can require significant money to fund trades.
No Consistent Income: Unlike having a regular job, trading doesn’t guarantee a consistent income. You may even lose some money.
Limited Information About the Creator: Bob Kudla’s somewhat obscure background and credentials may raise uncertainties about his expertise.
Courses Are Non-Refundable: Like most knowledge-based services, all sales from Trade Genius's courses are final.
Price
Trade Genius's courses are priced from $399 to $1,299. Their tools and memberships cost from $49-$2,999. And they charge $300 per hour for their private coaching chatroom.
Origin
All Trade Genius courses and programs are non-refundable.
Refund Policy
Unknown. Although, their Youtube channel (which now has 32.6K subscribers) started in 2016.
Reputation
Both Trade Genius and Bob Kudla aren’t well-known.
What Is Trade Genius?
Trade Genius is an investment trading platform for traders of different experience levels. Through their Trade Genius Academy, they offer courses about trading stocks, ETFs, cryptocurrency, binary options, and gold and silver. For additional guidance, Trade Genius has a personal coaching chatroom, providing personalized support to students with specific needs.
Trade Genius also provides different indicators that help better analyze stock markets and identify trends. Additionally, they offer membership subscriptions that include real-time signals. These signals aim to find profitable trades and alert subscribers accordingly. Moreover, Trade Genius hosts a podcast on YouTube and Spotify where they cover topics related to the stock market, cryptocurrency market, finance, and more.
Is Trade Genius Legit or a Scam?
Trade Genius is legit and not a scam. People have made money using their services. But remember that trading in financial markets can be risky, and results may vary for everyone. While Trade Genius provides valuable resources, you should still do your research and not solely rely on what they offer.
Who Is Trade Genius For?
Trade Genius is for people who are:
On the other hand, Trade Genius is not for people who are:
Best Trade Genius Academy Course: Learn to Trade Stocks and ETF ($899)
Learn to Trade Stocks and ETF is a 12-part course that teaches the ins and outs of the stock market. The Trade Genius team has been trading stocks since 1991, and this is the product of their experience. It covers many topics, from stock market fundamentals to advanced options trading, making Trade Genius worth checking out.
The first lesson teaches the fundamentals of the stock market, how it works, price fluctuations, key players in the market, and the valuation of companies.
This lesson focuses on finding the right stocks and ETFs to start your trading endeavors. You’ll learn the rules of filtering, setting up trading charts with all the essential indicators, and developing a trading plan.
In this part, you’ll be given tools to identify the best chart setups which you won’t be able to find from other chart indicators. These include candlestick patterns, pivots, wedges, and more. Trade Genius promises that these indicators have a high probability of profit every time.
Here, you’ll learn what options are and how to use them to find profitable trades.
This lesson discusses the best option setups, their applications in trading, and how to use them.
In this part, you’ll delve into advanced options strategies and techniques, understand their purpose, and learn how you can profit from using these approaches. You’ll also learn how to generate income, protect your profit, and use options as leverage.
This lesson teaches the optimal times to buy and sell, including the best days of the week and months for trading stocks and commodities.
You’ll explore the concept of volatility, what to trade, and how to trade it profitably.
This lesson discusses Trade Genius's strategy to profit consistently from trading VXX and options. VXX is used to track the value of VIX (CBOE Volatility Index) short-term futures.
In this chapter, you’ll learn how to set up your chart and signals for credit spreads.
This lesson explores how to make money by shorting ultra ETFs, how to select the best ETFs for this, and when to take the trade.
Finally, this part discusses how professional traders day trade futures using only price and volume. You’ll also get access to a secret indicator by Trade Genius to gain an immediate edge in your trades.
Best Trade Genius Software Indicator: Basic Indicator ($1,999)
The Trade Genius Basic Indicator is a 5-in-1 package with all the essential indicators you need to get on the right side of the trade. By using these tools, you can identify trend directions, support, and resistance levels, and you’ll gain confidence in your trading decisions. The user-friendly Trading View layout also simplifies the process, and the supplied training videos will teach you how each component works and their synergistic potential to provide you with a winning edge. The basic indicator includes:
This is the most important part of the Basic Indicator Package. It visually shows you the buying and selling zones, as well as the trend direction (up or down). Even without prior charting experience, you can easily discern the trend and trade accordingly, avoiding trading against the trend. This saves you time, as you don't need to spend countless hours observing charts to identify trends and ranges. The Range Trader accelerates your trading proficiency, giving you a head start in your trading journey.
This trend identification signal compliments the range trader and helps confirm the direction of the trend. It can also help you get another trade entry or exit signal.
This indicator complements the range trader as well. It’s designed to confirm the trend using price structure.
This indicator precisely identifies price turns, which helps you find an optimal entry point once you’ve determined the trade direction and buying area.
This is another foundational part of Trade Genius's Basic Indicator Software. This line oscillates to indicate whether the price is overbought, oversold, or in a trending state. This is valuable for traders as it indicates where the price will potentially reverse or continue in the current direction. Additionally, it offers another entry point in a trend, ensuring you don't miss profitable opportunities.
Best Trade Genius Membership Subscription: ETF Alerts ($49)
If you’re set on trading stocks and ETFs, the ETF/Stocks Alert Membership is best for you. With this membership, you’ll gain access to their exclusive stock signal algorithm, which has been tried and tested to achieve a 70% average win rate on its alerts. As a member, you’ll receive notifications (1-2 times a day) when the algorithm detects high-probability winning trades.
How Much Does Trade Genius Cost?
Trade Genius’s services cost from $49 to $299. Their courses range from $399 to $1,299. On the other hand, their signals which are provided through memberships are priced between $49 and $199. Their indicator packages cost from $179 to $2,999. For their private coaching chatroom, they charge $300 per hour. Finally, their Futures Price Level Newsletter costs $99.
How Much Do You Need to Invest to Start Trading?
You can invest as low as $1 to start trading. Before you start, you need to open an online brokerage account through regulated brokers. A brokerage account is like a bank account, but it’s provided by brokerage firms that allow you to buy and sell financial assets such as stocks, ETFs, options, futures, bonds, and mutual funds. It depends on which country you’re in, but a lot of online brokerages nowadays don’t have a minimum deposit requirement, which means that you can open an account for free.
After opening a brokerage account, you can start investing with as little as $1, though the more money you invest, the better. One important thing to be aware of is trading fees like brokerage commission fees, which is typically 1%-2% of your assets that are managed by them. The good thing is that many online brokerages now offer commission-free trading for certain asset classes, like stocks and ETFs. However, brokers may still charge other fees, such as regulatory fees, exchange fees, and fees for specific services.
How Much Money Can You Make with Trade Genius?
You can make as much as $100,000 with Trade Genius, based on their website’s testimonials. One customer said that they turned their $15,000 initial investment into a $100,000+ crypto portfolio in a matter of months. Another review mentioned that they made $800+ after taking Trade Genius's ETF course. However, these testimonials come from Trade Genius's website. They don’t have any reviews from outside sources.
How Much Can You Earn Per Month as a Consistently Profitable and Independent Trader?
You can earn around $7,855 per month as a consistently profitable and independent trader. According to ZipRecruiter, as of July 24, 2023, the typical yearly salary for an ETF Trader in the United States is $94,266. On an hourly basis, this translates to approximately $45.32, equaling around $1,812 per week or $7,855 per month.
What Do You Get in Trade Genius?
You get access to a range of different services related to trading such as online courses, indicators, signal memberships, a personal coaching chatroom, and a premium paid newsletter in Trade Genius. Their platform caters to students with different levels of experience and they provide valuable resources that help their customers improve their trading game and stay informed about the markets.
Other Trade Genius Memberships
Trade Genius Memberships give you access to their stock signals. They use automated trading algorithms that, according to their website, give an average of 70% win rate on the alerts. By subscribing, you’ll be notified when there’s a trade that has a high probability to win.
Other Trade Genius Academy Courses and Bundles
Other Trade Genius Software Indicators
Trade Genius Personal Coaching
Trade Genius provides a personal coaching chatroom service for $300 per hour. Within this coaching program, students can seek personalized guidance and ask trading-related questions to a seasoned Trade Genius. The coaching covers various aspects of trading, including stocks, ETFs, cryptocurrency, options, and futures.
Additionally, they also sell a premium weekly newsletter. Priced at $99 per month or $899 annually, this newsletter provides key buy and sell levels, a trade strategy for the week, statistical probabilities for the day of the week and month, and range trader charts.
What Do You Need to Do to Benefit from Trade Genius?
Who Is the Creator of Trade Genius?
Bob Kudla is the creator of Trade Genius. While he’s known to be the creator of the platform, there’s not much public information about him, his background, and his credentials, even on the Trade Genius website.
Phillip “Phil” Clever is also associated with Trade Genius. While Bob Kudla is the one widely recognized as the creator, Phil appears to be actively involved in running the company alongside him. Similar to Bob, there’s limited information about Phil as well.
Should You Trust Bob Kudla’s Trading Advice?
You shouldn’t blindly trust Bob Kudla’s trading advice because he has an obscure background and credentials. However, the Trade Genius platform offers a lot of valuable knowledge, with its extensive courses and detailed indicators. Additionally, their YouTube channel, with its 32.5K subscribers and 2.1K videos, shows Bob and Phil’s expertise in the field of trading. Despite the limited information about them, Trade Genius remains a valuable resource for traders seeking to enhance their understanding of the financial markets.
3 Stocks to Trade in 2023 According to Bob Kudla
Trade Genius Alternatives
While Trade Genius offers many services that appear beneficial for traders, the absence of external reviews and limited information about Bob Kudla may discourage potential customers from acquiring Trade Genius's products. Additionally, their prices may be expensive for some.
5 Alternative Trading Signals
5 Alternative Stock & Crypto Trading Courses and Programs
What Is Your Top Recommendation for Making Money Online in 2024?
Local lead generation is my top recommendation for making money online in 2023. If you’re looking for a more stable source of income, this business model is for you. Unlike the unpredictable nature of trading, local lead generation produces consistent passive income once you’re done with the initial setup. It works by ranking your niche website on Google and generating leads for local businesses. Additionally, the learning curve for local lead generation is relatively short compared to the complexities of trading, making it more accessible and less risky for beginners.