Sasha Evdakov, the owner of TradersFly, does not trade. Yet he is offering private mentoring at a cost $20,000 to learn “The Secrets of the Stock Market”. In addition to the private mentoring, he is offering various books, courses and DVD’s on how to become a master trader. Unfortunately, he has no track record of any successful trading whatsoever. However, I must give him credit for expertly recreating already published material.
User Review( votes)
Thanks for reading today’s review of TradersFly.com, a stocks education company offering a plethora of trading educational products. The owner of the company is Sasha Edvakov, a well know professional internet marketer. What is a professional internet marketer? Basically, Sasha creates written materials that he believes will influence people to purchase certain products, in various genres. Before we jump into the TradersFly review, we should take a quick look at some of his other offerings. This will give us some sort of idea what type of person we are dealing with.
A website that gives advice on how to buy a diamond engagement ring. The site appears to be one big affiliate link. The sole purpose of this site is to provide useful information for batchelers that need to buy a diamond engagement ring. There are useful articles like “How to Plan, Prepare, and Execute a Proposal”. Its a great website for anyone that is about to fork over thousands of dollars for a diamond ring.
A website that shows anyone how to quickly start an online business from scratch and quickly earn $100k in income.
A website that teaches online marketing and how to sell anything online. He offers coaching on how to be an online marketer for only $50,000. This website promises to teach you everything you need to know, about how to sell anything, to anyone, at anytime.
A website that teaches about personal finance. This site is basically a mish mash of his other sites. Everything from how to buy a car to how do become a dominating day trader.
A website about how to be a professional day trader, learning how to pick stocks, how to trade options for massive profits, how to build your business, etc.
Ok, so lets jump into the TradersFly review. Just what the heck is TradersFly? In a nutshell, Sasha is jumping full throttle into becoming the next stock trading guru. He is offering the following various products:
- $20,000 dollar private mentoring. For this one time fee, he will teach you all of the secrets that he has learned by trading the stock market. This is for 3 months only!
- $10,000 dollar private mentoring. For this one time fee, he will teach you many, many stock market secrets. But not quite as many as the $20,000 fee. This is for 1 one month only!
- Learn Stock Market Basics & Fundamentals $59.
- Find Out How to Learn the Markets Faster than a Bullet $49
- Build a Solid Market Trading Foundation $197
- Learn How To Plan & Setup Every Trade! $147
- Master Your Inner Trading Psychology To Trade Consistently $497
- Learn How To Day Trade By Example $997
- Learn Options & How to Make More Money Using Less Money $247
- Master Technical Analysis (10+ Hrs) $647
If you looked at this list of products, you were probably just as surprised as myself. This kid has a ton of online things going on. He has produced a massive amount of materials. He is serious about being a trading Guru. But as I looked at everything that he selling, as well as all of his other ventures, it seems like he is more interested in simply selling stuff.
Contacting Sasha Edvakov
The thing I really wanted to know, more that anything else is what type of trading experience does this kid have? He has created all of these materials and is even offering a $20,000 private mentoring on how to be a stock market master, but does he even trade. And so I asked him. I sent him an email and was very plain and direct, I simply wanted to know about his own personal trading. All of these products that he is selling are quite simply the manifestation and the accumulation of all of his trading experiences. So what is Sasha’a trading experience?
I was surprised at the answer. He was quite honest. He doesn’t trade. All of the information that he is selling was created from books, lessons and reading materials that he was able to accumulate. He simply found great material, and then had it rewritten. Call it plagiarism, call it whatever you wish. But at least he is honest about it. I have to give this kid a good rating on the honest portion of the review.
My Personal Opinion
In my humble opinion, Sasha put the cart before the horse. The smart move would of been to either learn how to actually trade successfully FIRST (build a track record), and then SECONDARY, produce all of this sales material. Or, go out and find a successful trader and produce the material based upon the experiences and the proven success of an established trader. He went about this marketing stuff all wrong. People want transparency. People are willing spend whatever the price, if they know that the person producing the stock trading advice is actually trading successfully.
As it stands now, who in the heck is going to spend anything with this kid? He doesnt even trade.
I have little doubt that Sasha is going to be successful, at something. He certainly is willing to work hard and produce the materials. But as far as offering investment advice, he should be probably do a little investing himself.
That’s it for today. Thanks for reading and don’t forget to leave your comments below.
Typical teacher; those that can do and those that can’t/don’t: teach 🙂
So… Does anyone know where I can get some good Trader coaching (besides actual schools)? I’ve been reading books, but anything to speed up the process would be great.
Art, how green are you at this time? Do you know the basics, such as symbols, months, type of products to trade? If you do, some on here will vehemently disagree with me, but I would start with a basic charting package, I like candles just my preference. Set up a workstation with multiple time frames with a good working dom and watch how the market trades on certain days. Trending days which don’t happen everyday then look for chop. IMHO before you think about executing a trade become proficient in discerning what type of day you are analyzing. If you can put each day into context then you can decide which strategy to employ. Range bound or trending strategies. I would get comfortable analyzing monthly, weekly, daily, 60, 30, 10, 5 min charts as a filter so you can have a feel for the personality of the market you are in. Once you do that then you can decide which time frame best suits your personality and start some testing. The longer time frames help you put everything into context. Do not get hung up on the very long term time frames, just used to visualize if market is at an important inflection point. I believe you will start to notice patterns that may repeat over time.
Whatever you do, do not take advice from random strangers on an anonymous forum on the internet. Lots of trolls and bullies here with hidden agendas. And I certainly realize the irony in me posting this “advice.”
Art, absolutely do your own homework. Take what you read on forums with a grain of salt. Also, J Dalton’s free stuff on you tube can be very helpful to learn a lot of the basics. I think it is very good, but I wouldn’t pay for his expensive course.
The $20K is just a marketing trick guys….
It is meant to be so high that people will think:”he must be good” and “OMG, I can buy this “cheap” course from him for only $600″.
When u conpare $600 to $20K it looks like a bargain so u r more inclined to buy it as opposed to just seeing $600 and thinking it is expensive.
Im a fan of his page
This is surprising
I like his teaching style but 20k is ridiculous for no experience
Sounds like he was a smart industrious kid who wanted to get rich so he read a lot about trading. Then he realized it’s a lot harder and more boring than he imagined so he decided to sell worthless coaching services instead.
are there any good online trading schools?
There aren’t. I would suggest trying some cheap kindle books on amazon on trading. Then making up your own system(s) and simming it until it comes up with some positive expectancy. Then keep some money management rules on trading, and that’s the best shot at consistent retail trading imo. This is a good example thread on elite:
I’m sorry but I have to completely disagree with this article. I’ve been to this website (tradingschools) serveral times to read reviews on these “gurus” AFTER I’ve already put my cold-hard cash into their BS. Tim Sykes, Jason Bond, Investors Undergound & FousAlerts – I’ve tried them all and I have to agree with everything you wrote on all of them. Sasha on the otherhand, he’s a very knowledgeable individual and I have learned way more than I ever thought possible and 99% of this was for free from his youtube channel. Instead of $200-250/mo for a chat access where people call random crap trades and take advantage of their subscriber base jumping on the bandwagon with them and then exiting the position while everyone else is bag holding, Sasha offers for $17/mo what he calls “critical chart” setups. Take the time to thoroughly examine his “critical chart setups” and you’ll see that this man (or kid as you call the nearly 30 year old 😛 Sorry.. had to jab you on that one) truly knows his stuff. I’m amazed at how well he predicts these setups and I find his style of swing trading way more profitable than the day traders who are there only to take advantage of you.
With that said, I agree with you and would never buy into the 50 different books he sells or the eeeeextremely pricey mentoring service. He’s honest in all of his videos about how he got to where he is today and that’s by building websites and blogs and that’s how he really got the jump-start into trading. I mean, after all isn’t that what you’re doing? There’s 4-6 ads on each page generating who knows how much in ad revenue especially when the click through rate is I’m sure pretty good considering you have all of these reviews on these big names in the pennystocking/trading world & the few you have good reviews on have affiliate links. Just trying to get you to see the other side of it and it sounds a bit hypocritical to judge someone by the fact that they’ve started creating several websites to generate revenue especially when he states that those were started mostly when he was younger.
But for $17 a month and a plethora amount of information he has for free on youtube THIS is where a novice trader should begin. I think he deserves a little more than 1 star ratings and I urge anyone who’s reading this to think twice before blowing $2k on dvd’s from any of the fools mentioned above or $6-8k on their mentoring services and another $200/mo…
Again, I appreciate what this website is trying to accomplish but I believe Sasha needs a second look.
Thanks for taking the time to write a comment. I obviously disagree. But respectfully.
Sasha is really an internet marketer. And a pretty good one.
In my opinion, the best trading information comes from traders that have a proven track record. But again, that is just my opinion.
Thought your comment was excellent.
It’s been some time since you commented and it looks like you have experience with “stock trading course.” Have you found anything truly of value?
I’m reading books, but want to speed up the learning curve. (Not a business major) There is quite of bit terminology that I don’t exactly understand, and a lot of questions that I would like answered.
Any help would be great. Thxs
YES this kid is a natural teacher.so grab freebies ans his courses well written.exscuted.then develop your system.no flash cars here…but great info.
Thank you for your post
Thank you for taking the time to set things right. I too am watching Sasha’s videos on youtube and find them of great value. I too was annoyed by the “kid” comments. Last, yes he prices his mentoring at 10K or 20K but like someone says that is a common internet marketing strategy to make you feel like the 600$ program is a bargain. But if you look at his option course, if you buy the extended version for like 150$ more, you get 45 minutes of one-on-one with him so not 10K or 20K.
Did you find this review helpful? Yes (2) No
Hi guys, I have just joined this guy, i watched a lot of his utube videos, and believe that he looks the goods, it is a technical trading style which I used many years ago, probably one of the first around. The way he markets it or explains it is very good very easy to follow, so for that I appreciate. There are thousands of ways to make money of software packages out there, and this is just one view, Now in saying that it is but one of my tools that I use but from experience works well, but we will see getting back in after 15 years on the sidelines, I also believe the greatest coaches, do not necessarily have to have played the game, but again is a view. But time will tell, I suppose..
I REALLY like this style, so it’s disappointing to read this review. Because if his information was built on real experience (either his or a flagship trader) I would pay into the education. But one of the first things I learned was “Don’t buy education from someone who isn’t a real trader”.
But it makes sense. Yesterday I watched a few videos. One was his in which he says to never trade in the first 30 minutes of opening. And then a video by a real trader who said the best trading is in the first 30 minutes of trading (giving tips on how to manage wins and losses in that time). The real trader also gave information for what actually happens midday (which sounds tumultuous, which Sasha would have people enter into).
Yeah I’m subscribed to his YouTube and he has a lot of good general info but you’re right about the first 30 min. I was a little taken back when he said that, in my experience the first 30 minutes plows hard in one direction because of over nights so if you do your research the night before you can really do good trades first thing before it levels off and starts getting a bit looser as the day progresses
I think what Sasha ment was ..you should not trade in the first 30 min .. if you are a new and being trader… witch is good advice .. I would say the first hour… way to much volitility for a beginner. ..
Where did you find this guy from? https://flippa.com ??
Why give him good ref links?
I’m sure this ‘kid’ will grow up to be a role model citizen.. not!
This guy is a fraud like most on your site.
Why rank him high on honesty.. he’s an honest fraud? no he’ll steal the candy of a baby.
Emmett, you inspire us to set up honest/fraud trading sites.. these guys just make it look so easy!
If person offering the trading product is honest in telling me that they dont really trade. I usually will give them a 3 star for honesty. However, when they show me a bogus spreadsheet, and I flat out catch them lying, then they get the nuclear option.
Cant use the nuclear option on everyone.
Besides, maybe at some future point this kid can put together a decent product. Would prefer to give him a path back instead of flat destroying him.
just watched his latest video, it sounds like he is finally taking positions…good work emmett
Yep. Its great when they decide to make positive change. Another month and I need to award this kid with a great review.
he states in one of his videos that at age 16, he lost $16K in 16 minutes
Officially he is “one of us”. Transparency, gotta start someplace.
Good. I was going to email this site in literally just this morning and saw this. What a scum bag. He is good, a ton of views.
He is just a kid trying to make a buck. Hopefully, he takes this tough review to heart and figures out how to actually trade. Then come back with something proven. Instead, he took a bunch of old written material and simply rewrote it.
Yea I agree with you. I don’t begrudge him for that but I think its irresponsible to teach others, especially with their money, if he has no risk himself. On a side note, hes a dam good marketer.
why a scumbag,he’s a natural teacher for newbies too get there toes wet. then find a trader on the next part of your journey.does a bit of info hurt, did he rape someone you know.hmmn a good trader will loose money from time too time.before they become really good.
I totally agree with your comment.
Thank you for checking this guy out. I was wondering…
OMG, where do these bozos come from ? Yesterday the ice cream lady pretending to be a hedgefund manager, now this kid charging 10k a month. Unbelievable.
“WACK” TradersFly – You got the Emmett rolled up newspaper treatment kid.