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TradeCaster is a unique online trading community. Unlike many other websites that only offer a chat room and trade alerts, TradeCaster is a platform that allows to view live streaming video footage of successful traders as they enter and exit positions throughout the day.
If you’re a brand new or developing trader, TradeCaster offers an excellent way to learn how to trade and the site’s full transparency gives you a way to confirm that the trading strategies you’re learning actually work. Additionally, experienced traders can sign on and be paid to live stream their desktops each trading day.
Far more than just a stock trading chat room or alerts service, TradeCaster is a feature-rich trader education platform that also allows you to network with other traders.
In this TradeCaster review, we’ll go over everything that’s included with a membership, the pros and cons, and who it’s best for.
|Style||Day trading penny stocks (others will be added in the future, including swing trading, Forex, crypto, and options)|
|Included||Daily live stream video, chat room, video lesson library,|
|Memberships||Monthly, semi-annual, annual|
|Promo Code||No active coupon codes at the moment but free trial available through link above|
About the Sean Dekmar (dekmartrades)
Sean Dekmar is the founder of TradeCaster, a community that’s already grown to more than 750 students. Dekmar’s trading style focuses on powerful, intraday momentum moves in lower-priced penny stocks.
Dekmar uses advanced stock scanners, technical analysis, and proven trading strategies to be successful in the stock market. His private TradeCaster room, dekmartrades, has a friendly, upbeat environment and he’s extremely helpful when it comes to explaining things and answering questions.
Only 26 years old, Sean began trading in his late teens and is self-taught. Unable to afford educational resources in his younger days, he began to experiment with different strategies and paper traded for a year before funding his first online brokerage account. Be sure to check out our exclusive interview with Sean Dekmar to hear his inspirational success story and plans for the TradeCaster platform going forward.
What's Included in the Members' Area
The TradeCaster members’ area has a variety of great resources, including live streaming video, stock charts, a library of video lessons, and more. In this section of the review, we’ll go over everything that’s included with a membership…
The big draw of TradeCaster is the ability to watch successful traders do their thing live. Once you sign up and log into your account, you’ll be redirected to the TradeCaster lobby where you can see the “Most Viewed” and “Top Rated” traders who are streaming live. Since TradeCaster is in its early stages, Sean Dekmar is currently the only trader signed on for live streaming.
Once you select which trader you want to watch, you’ll be taken to their private TradeCaster room, which includes a Yahoo Finance search box, stock charts, a news feed, economic and earnings calendars, hotlists, news headlines, top gainers and losers, StockTwits and Twitter feeds, a chat area, and the streaming video screen.
TradeCaster streams video through the Webinota webinar hosting platform, and you can enlarge the live stream area to full screen view.
In a way, TradeCaster operates as a quasi-social media platform for stock market traders. It gives you the ability to connect directly with traders who live stream on the platform and you’ll be notified when they are live streaming.
By following traders who are live streaming on TradeCaster, you’ll also be exposed to an entire community of day traders like yourself as you’ll have the opportunity to interact with them in the chat area..
When you enter the live stream room, you’ll be able to view and analyze advanced charts from TradingView. In this area, you can customize the charts by time frame (1 minute to 1 month) and chart style. Currently, you can choose from the following:
- Hollow candlesticks
- Heikin Ashi
- Line break
- Point and figure
Another advanced feature that you’ll enjoy is the ability to multiple tickers on the same chart.
Included in the TradeCaster members’ area is a massive library of video lessons that will provide you with many hours of study material. The instructional videos include lessons on:
- Dip buying
- Gap ups
- Red to green moves
- Stop losses
- Level II
- Breakout patterns
- …and more.
As mentioned, after entering a trader’s private TradeCaster room, you’ll be presented with a variety of panels. These panels are fully customizable and allow you to display the information that’s most important to you in one convenient area.
On the right-hand side of the screen, you can enter your Twitter or StockTwits username to display your live feed. Or, you can use this area to monitor the feeds of someone you follow, such as the trader that’s live streaming. You can even alternate feed views and set a default feed so it shows up anytime you enter that particular room in the future.
You can also customize all of the blocks on the page according to your personal preferences. Lastly, the platform provides you with a night mode option which changes the membership area theme from light to dark.
TradeCaster is a fantastic resource for…
TradeCaster is a fantastic resource for new traders, providing over-the-shoulder, live streaming access to the desktops of successful traders. I love the fact that the platform provides full transparency as you can track a trader’s performance in real-time, ensuring that you’re learning from someone who is truly profitable.
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TradeCaster Interview with Sean Dekmar
Pricing & Special Offer
Currently, there’s a free trial offer running for TradeCaster that’ll give you access to the platform. Signing up is a no-brainer and will give you a great opportunity to check the membership out. To access the premium live broadcasters on TradeCaster, though, you’ll need to become a premium member. This gives you access to the traders who are currently streaming their desktop each trading day. Premium Membership also gives you access to all the new features that the site rolls out as soon as they become available.
If you like what you see and decide to sign up as a regular member, there are a few subscription options available at the moment:
- $99.99 monthly
- $499.95 every six months
- $999.90 yearly
TradeCaster is a great way for day traders to connect with others and to learn from those who do it full-time. This is a really great way to learn how to trade as you are essentially being mentored by a successful trader, getting a full view of their trades each day along with valuable commentary. For this reason, TradeCaster is well worth it and the educational resources in the members' area is an added bonus.
Pros and Cons
- Provides live training and mentoring from successful traders
- Full transparency gives you an inside look at every trade in real-time
- Opportunity to connect with other like-minded traders
- Large educational library with valuable video lessons and tutorials
- Great way to see what professional traders do and how they do it
- Since the platform is in its early stages, Sean Dekmar is currently the only trader live streaming
TradeCaster is an excellent community for day traders of all skill levels. New and intermediate traders enjoy a unique opportunity to learn directly from experts, and veteran traders can generate a significant income by signing up to live stream their trades