Review of Scott Bauer’s Prosper Trading Academy

Want to be a successful stock trader? Well, there are several things you can do, from using cutting-edge technology to diversifying your portfolio. More importantly, you should ensure that you’re learning and following in the footsteps of successful traders.  

Such professionals have garnered a ton of experience throughout their trading years. This means you can learn crucial trading techniques from them. More importantly, you can pick up lessons from the mistakes they made along the way. 

So is Scott Bauer an example of a legit trader whom you can learn from? In this post, I’ll take a deep dive into his trading journey and his prominent trading offering—the Prosper Trading Academy.

Before we go any deeper into the Prosper Trading Academy, I want to make one thing clear: If you don’t already have a lot of extra MONTHLY cash, you aren’t ready for this program!  Why do I say this? First, you need to have cash to buy the program AND a significant amount of extra MONTHLY money to start trading with after that. Do not invest money that you can’t afford to lose. Look up Dan Lok’s wealth triangle. It is basic financial advice: 1) Build a business or get a job that makes you a significant surplus every month (like thousands of extra dollars monthly). 2) After you are making $10,000 per month, then, you’re ready to dive into investing.  

That’s why I recommend building a profitable business FIRST. It is easier than you think.  Doing this is less work, less risky, and less expensive, than investing. IN FACT, our recommended solution below even works for teenagers! They do the whole thing via email, no phone calls required. Click here to get a Free Video On This Business Model. I’ve been doing this for almost 20 years. My own kids are using this course to setup autopilot businesses online that require very little ongoing work.

Click Here to Get The Course My Daughter Used.

The course my daughter used above is much better than Prosper Trading Academy. But since you are here to learn about Prosper Trading Academy, lets get back to our review of that:

Who Is Scott Bauer?

There’s no denying the fact that Scott Bauer is a highly regarded professional in the stock trading world. 

His trading journey dates as far back as 1991 when he took up a clerk position at the Chicago Board Options Exchange (CBOE). This was three years after graduating from the University of Illinois Business School with Honors in B.S.Finance. 

Within six years of working as a clerk, he had earned himself the special recognition of being the only trader from CBOE to ever trade in options. His time at the CBOE also entailed serving in an array of committees – most notably, Market Performance and Arbitration. 

Not long after his trading career kicked off, he partnered with four experts to establish BOTTA Capital Management. He and his co-founders managed to expand the firm to a crew of 100+ traders with stakes in four different Options Exchanges.   

Bauer’s trading experience is pretty extensive. He has traded with corporate giants, from the Bank of America to Delta Airlines, Coca Cola and the American International Group. 

Part of his trading journey also involves working for Goldman Sachs & Co. where he was the Vice President of the Equities Division. 

Although Bauer is known primarily for his vast floor trading experience, he is also prominent for his tutorials. Not only has he written manuals on Options trading, but he’s also taught numerous Options classes at CBOE’s Options Institute. Plus, he’s been featured countless times on large financial networks like TD AmeriTrade Network, CNBC, Bloomberg and Fox Business. 

Nowadays, though, he’s widely recognized for establishing the Prosper Trading Academy. Here’s a quick look at what the PTA is all about. 

What is Prosper Trading Academy?

Prosper Trading Academy is a platform that guides investors on how to successfully invest and profit from stock trading. 

It offers a variety of online trading courses, allowing interested parties to choose one that suits their level. So whether you’re new or experienced, you’re guaranteed to find a course suitable for you. Here’s a quick breakdown of the main courses offered at Prosper Trading Academy:

Options Volatility

Given Bauer’s background, it’s not surprising to learn that Options Volatility is one of the courses on offer. Here, you’ll learn all the fundamentals of options trading and the best way to prepare for uncertainties in the market. 

Penny Stocks

This particular course is taught by a different coach: Charles Moon. But don’t be scared, he’s just as skilled as Scott Bauer. In Penny Stocks, Moon teaches you both simple and complex systems for mitigating risk in any penny stock program.  

Short-Term Options

If you prefer to trade options in the short-term, this course is for you. Here, you’ll learn how to enter and exit trades on the same trading day. 

Momentum Stocks

This is another course taught by Charles Moon. It covers all aspects of trading stocks – from short selling to different types of orders and more.

Cryptovault Newsletter 

In the last decade or so, we have all witnessed how lucrative Bitcoin and other cryptocurrencies can be. So this course takes a deep dive into the crypto world. More specifically, it enlightens you about different tokens and their respective applications, factors that influence pricing and much more. 

Options Income and Long-Term Trading

This is one of those all-inclusive courses. In other words, it benefits both newbies and seasoned traders. It trains you on how to manage and trade options like a pro. You’ll learn a variety of concepts, such as identifying options trades and managing profits and risk among others.  

Foundation Room

If you need a refresher on securities and trading, this is the ultimate course for you. As the name implies, it teaches you all the fundamental principles of trading. So by the time you’re done, you’ll have a solid foundation in this sector.  

How Much Does Prosper Training Academy Cost?

There’s no fixed price for the entire program, as costs vary depending on the course. You can expect to spend as little as $495 to a whopping $5,000. Personally, I find most of the courses expensive compared to others on the market. The question is, are these courses worth investing in? Here’s a look at some reviews from other buyers.

Prosper Trading Academy Reviews – What Others Are Saying About It

The Prosper Trading Academy has one of the most professional-looking websites. This, and the fact that several of the coaches are featured in prominent news media, proves that PTA is reputable. 

That said, a quick search on the Internet shows the program attracts mixed reviews. Most subscribers loved the depth of the trading courses. Others, however, have openly expressed their disappointment in it. Here are a few examples:

No refund and sketchy warranty policy:

This customer was frustrated that he could not get a refund. He also felt coerced into signing up for the service. 

Considering how expensive their courses are, it would help to have a refund policy or exit strategy. This way, you can opt out with ease whenever you want to.

Course is tailored for veteran traders:

This reviewer reiterates the fact that the company reps oversell the courses. As such, they’ve advised buyers not to shy away from asking questions before deciding to invest in them. They also pointed out that PTA courses are better suited for seasoned traders and not beginners. 

Prosper Trading Academy – Is It Worth It?

Like most trading programs, Prosper Trading Academy has its fair share of merits and demerits. The good news is that it’s a completely legit platform that helps traders gain valuable information through its courses. That said, it would be nice if the academy provided a wider variety of affordable courses for beginners. 

I’d also like to caution buyers against making any blind investments. Don’t buy any of the courses unless you’re ready to learn. To get maximum value, you’ll need to invest a ton of time as well. You’ll have to watch the tutorials and also the live trading sessions to see how the coaches apply their trading tactics. So is Prosper Trading Academy worth it? Yes, it is. But only if you invest your time. 

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