While many investing education programs and chat rooms can teach newcomers about the stock trade, few incorporate streaming into the mix. Our TradeCaster review breaks down everything you need to know about the platform and whether its streaming features take investment education to the next level.
TradeCaster Review: Overview
TradeCaster is a relatively new platform that was founded in 2018 and centers around trader streaming.
The site focuses on day trading at this time but plans to expand into options, forex, and crypto in the future.
Different tiers of service make the site accessible to anyone wanting to learn more about trading.
TradeCaster Review: What Is TradeCaster?
TradeCaster is a unique platform where traders share real-time video streams of themselves as they trade on the market. This gives novice traders a bird’s-eye view of seasoned traders’ strategies in real-time.
Working with some of the biggest chat room traders in day trading, forex, options, and even crypto, the TradeCaster team built a site where members can watch, learn, and profit.
Learn About the Stock Market Live
On this platform, you’ll learn insights and trading strategies from proven professionals.
And experienced traders can put their market trading skills to the test and by hosting their own streams.
Through a TradeCast live stream, you can learn about or teach others how to:
- Build profitable trading strategies
- Perform technical analysis
- Trade penny stocks
- Use trade alerts and advanced stock scanners
- Trade big-cap stocks and low-cap stocks
- Grow into a profitable trader
- Much more
TradeCaster makes it possible for anyone to make a name for themselves and grow an audience.
The site also has a trading chat room, a private TradeCaster room, and plenty of video lessons for even more sources of education.
Who Is TradeCaster For?
The platform is for investors of all types and skill levels, including beginner and intermediate traders as well as day traders.
While there is a lot for professional traders to learn from the platform’s video lessons, their time might be better served setting up a live stream to teach others how to become successful traders.
There is also a 7-day free trial, so you can test out the platform’s features before you commit to anything.
TradeCaster Review: Sean Dekmar Review
Sean Dekmar is the man behind both Dekmar Trades and the new platform TradeCaster.
After studying the best ways to get rich, Dekmar was drawn to stocks and what he could do with trading.
Saving up some money while still in college, Sean managed to make some $85,000 in profit in his first year.
More About Sean Dekmar
In 2015, Dekmar launched Dekmar Trades as an educational website to turn uncertain traders into pros.
The site expanded to include newsletters, charting, and chat rooms.
Over time, Dekmar Trades evolved into TradeCaster and now features a streaming component.
Today, Sean works out of this startup where he trades stocks live and continues to teach others how to become successful traders.
He is most passionate about penny stocks and enjoys helping traders who are unable to afford big-cap stocks.
TradeCaster Review: What’s Included with TradeCaster?
TradeCaster offers several features that members can take advantage of to improve their trading game.
While some of these features are locked behind the premium membership tier, most are available for anyone to use.
TradeCaster Review: Watch Traders Live
A TradeCaster membership gives members the chance to watch their favorite traders via a live trading stream as they go toe to toe with the stock market.
Through the live stream, it’s possible to view a trader’s trading strategies and see what makes them a successful trader.
This education is essential for new traders who want to quickly learn about trading and how to develop strategies of their own.
It is also great feedback for intermediate traders who are looking to change things up.
Once in the lobby, the site reveals the most viewed and top-rated traders with a current active live stream.
When TradeCaster first began, Sean Dekmar was the only person with a live trading stream.
But now, there are hundreds of free traders to choose from and watch.
Real-Time Alerts and Much More
You can subscribe to your favorite investors and will be alerted when those traders start a live stream.
By following specific traders, you’ll be introduced to a like-minded trading community to interact within the chat area.
After selecting a trader, you’re taken to their private TradeCaster room, which features a ton of stock trading information in addition to the live stream.
This information includes a news feed, stock charts, top gainers and losers, earnings calendars, and a chat area.
Best of all, you personalize your viewing layout.
TradeCaster Review: Trading Chat Room
As day traders are streaming, their live stream opens up to a chat area where traders can comment and share thoughts about the live feed.
Also, premium members have access to three additional chat rooms where they can chat with the worldwide trading community, including a private TradeCaster room.
All chat rooms serve a specific purpose.
The Profits chat is for posting individual profits, the public chat is for social conversation, and the Trading chat is a place for the trading community to discuss plans and stock setups.
TradeCaster Review: Video Library Lessons
In addition to a live stream, traders can post video recaps and lessons in their library.
Many of them offer a technical analysis of ways to be a more successful trader.
Instructional videos include explanations on breakout patterns, earnings reports, entry and exit price, stock market trading strategies, and much more.
Most day trading videos are available to anyone, but some videos are locked behind the premium membership.
If you choose to do some streaming of your own, you can post videos you’ve created in your personal Video Library for other traders to see.
TradeCaster Review: Dekmar Trades Morning Newsletter
One of the bonus features of the Premium Membership is this daily morning newsletter.
As the guide rolls out pre-market, the newsletter is set up to point you in the right direction before day trading even begins.
The newsletter provides a rundown of the previous day’s stock trades, most active penny stocks, and which stocks look ready to jump for the day.
These breakdowns are perfect for staying caught up on the market when you start a new trading day.
It also comes with a list of the top gainers of the previous day and earnings reports for low-cap stocks.
TradeCaster Review: Sean Dekmar Message Support
Premium members also have the added benefit of some one-on-one time with founder Sean Dekmar.
This opens a messaging platform with Sean, who will share comments about your stock trades and investment strategy.
TradeCaster Review: Ultimate Trading Bootcamp
The Ultimate Trading Bootcamp is a course put together and led by Sean Dekmar himself to educate day traders on how to quit the nine to five grind and be successful on the stock market.
The course begins at ground zero to help even new traders find their way through all the nuances of the financial world.
The “Complete Guide” is an eight-hour course designed for anyone who wants to be a profitable trader.
It features four different two-hour modules where Dekmar walks traders through the fundamentals of trading, tools of the trade, what to watch for during market hours, and breakout patterns.
Day traders who want to take their investing to the next level can enroll in the “Elite” course.
This course is another eight-hour program with four two-hour modules.
It covers material on advanced techniques, motivation and psychology, the best ways to organize your time, and what to avoid in the market.
Massive Discounts for Combining Courses
According to the Dekmar Trades website, each course costs $397 to sign up, but there’s a combo deal that offers both courses for a hefty discount that only costs $487.
After buying one of these courses, you can download and watch each video at your leisure.
TradeCaster has a one-month free guarantee if you don’t feel ready to trade after watching the course videos.
If this happens, the platform will give you one month free of chat and address any comments or concerns you may have.
TradeCaster Review: Advanced Charts
Once inside a trader’s streaming room, you can check out several different types of advanced charts that represent a trader’s recent activity.
You can adjust each chart’s scale to see what the trader has been trading for the last minute or the last month.
It gives full transparency into what the trader has been up to so you can glean insights from their actions.
Charts are further customizable by style and can be set up in formats such as bar, line, area, point and figure, and candles.
You can even set up multiple tickers on one chart for a side-by-side comparison.
TradeCaster offers multiple levels of service for traders to choose from.
Here’s a list of what’s currently on offer:
TradeCaster Review: How Much Does TradeCaster Cost?
TradeCaster offers multiple levels of service for traders to choose from.
Keep reading for more information on each membership.
TradeCaster Review: Host Membership
The host membership is a chance for you to grow your name and build a following around you while you trade.
Hosts can set up and customize your streaming layout as you see fit.
Whether you trade big-cap stocks or low float penny stocks, this is a great way to share your trades and strategy with other traders as you stream.
There’s also a platform to create and share video recaps and trading lessons saved in your personal library and made available for others to watch.
Best of all, a host membership is entirely free to set up and use to your heart’s content.
With enough success, TradeCaster will even pay you for streaming!
TradeCaster Review: Free Membership
A free membership gives you access to the streaming community of free streamers on the platform.
You can watch your favorite traders in real-time, follow along with each trade they make, and engage with other traders in the chat.
It’s even possible to subscribe to a trader and get notified when they sign on.
In addition to the above, a free membership also allows you to review the contents of the free video lessons on the platform.
You can also customize your streaming layout.
As the name implies, the free membership costs no money to use.
TradeCaster Review: Premium Membership
The premium membership is the first tier that costs money to use but adds some fantastic features.
In addition to what the free tier offers, this membership level allows access to streams from other premium traders (including Sean Dekmar himself).
It also provides access to their premium video libraries.
You’ll also receive the Dekmar Trades morning newsletter before the start of each trading day and have access to one-on-one messaging with Sean.
Lastly, the premium membership allows you to visit and interact with the trading community in three additional chat rooms.
Signing up for these features costs a total of $99.99 per month.
TradeCaster Review: Semi-Annual and Annual Membership
This semi-annual membership is the same as the premium membership with a few interesting bonuses.
First, the platform costs $499.95 for six months, which is effectively the same as getting one month free.
The cherry on top is that the semi-annual membership also includes the Ultimate Trading Bootcamp, which in itself is a value of $350.
The annual membership saves a bit more money, coming in at $999.90 for the year.
You’re saving $200 from the monthly rate or the equivalent of two months.
TradeCaster Review: TradeCaster Cancellation Policy
Both the free membership and host membership are free to use and easy to cancel.
Each membership comes with a 7-day free trial to the service, though it’s unclear how long this deal will be available.
All that’s required is to sign in to your account and navigate to the Account Settings tab.
Plans that have a monthly fee can be canceled the same way, but TradeCaster does not offer a refund for unused membership time.
Cancellation of any plan leads to the immediate deactivation of the user’s account.
TradeCaster Review: Pros and Cons
TradeCaster is a unique platform with a lot of neat features.
Take a look at some pros and cons of the site:
- Live training and mentoring from successful traders
- Many services are free
- Learn a wide range of new skills, including how to find low float penny stocks if you can’t afford big-cap stocks
- Anyone can host a stream
- Trading chatrooms for interacting with the community
- Ability to watch professional traders do what they do best
- Live streams show several charts and data
- Extensive video library with lessons and trade recaps
- 7-day free trial for premium services (might be for a limited time)
- The site is still in its early stages
- Top professionals require premium membership to view
TradeCaster Review: Is TradeCaster Right for Me?
As a free platform, TradeCaster is an excellent tool for a new trader to use and watch others trade.
Streamers talk through their strategies in real-time, providing invaluable information that beginners can use to learn how to trade themselves.
An experienced trader will glean insights from streamers and can incorporate what others are doing into their own strategy.
Experienced traders who have tips to share can create their own streams and provide information to those who are just starting to invest.
Streamers can even charge for watching streams and make some additional money while trading.
TradeCaster Reviews by Members
TradeCaster members have given the platform high marks for its unique services and free point of entry.
Here are just a few of those TradeCaster reviews:
This chat room is the best. I have been following Dek for almost a year now, and I have learned a ton of trading information. The group is made up of some very knowledgeable traders, Dek is talking most of the day and explaining exactly what he’s looking at, and his game plan for different stocks during the day. The video library is amazing, I don’t know where I’d be without the help of this trading room. – Alan, on Facebook Reviews
Another TradeCaster Review reads:
Dekmar provides great daily lessons which are archived to watch over and over. The chat has incredible traders with great knowledge and experience in the markets. Sean also is always available for questions or anything you may be struggling within your trading career. A+ rating from me. – Jason, on Facebook Reviews
Final Review: Is TradeCaster Worth It?
Watching traders and hearing their thoughts as they make trades is a powerful tool for those trying to discover how to be successful.
And TradeCaster may be the only service in the market that can deliver this exceptional educational experience.
A lot of the site is accessible for free, so you can see for yourself what the platform is all about without spending a penny.
If you want more out of the platform, TradeCaster has higher membership tiers that unlock even more features.
So if you are a newcomer learning the ins and outs of investing or a successful trader looking to share your insight, TradeCaster streaming might be just what you need.