Whether you’re an experienced trader or relatively new to the industry, you’ve probably noticed that there are plenty of online courses claiming that they can help you amass a great amount of wealth in a short amount of time.
Unfortunately, not all of these services are created equal. While some may offer genuine investment advice and actionable trade strategies, others offer little to no value while billing you the entire time.
If you’re reading this article then you’ve definitely run across TheoTrade, and probably have some questions about one of its co-founders, Don Kaufman. Who is Don Kaufman from TheoTrade? Let’s find out.
A Brief Background of Don Kaufman
Don Kaufman is the co-founder of TheoTrade, a trading education platform founded in 2015. Currently, Mr. Kaufman lives in Christiansted, St Croix, US Virgin Islands, and serves as the lead instructor and risk management expert for TheoTrade. His work primarily revolves around trading stocks, options, and futures.
Don has a fantastic track record and extensive experience trading stocks, likely due to the fact that he’s been in the industry for over twenty years. After his time spent in school (first at James Cook University then at Northern Arizona University), Mr. Kaufman went on to work for thinkorswim in 2000.
During his time at thinkorswim, Don first served as the chief derivatives instructor. When thinkorswim was acquired by TD Ameritrade in 2009, Mr. Kaufman stayed with the company but switched roles. From 2009 to 2015, he served as the Director of the Trader Group for TD Ameritrade.
Despite technically working for TD Ameritrade, Don’s work largely focused on thinkorswim and creating educational resources for users of the platform. In 2015, he stepped away from TD Ameritrade/thinkorswim to co-found TheoTrade.
What is Thinkorswim?
Thinkorswim is TD Ameritrade’s proprietary trading system. The platform—which supports a wide variety of trading options—can be used to access the stock market, make trades, and analyze data.
Offering a level of complexity and functionality appropriate for professional traders, Thinkorswim can be accessed via a desktop device, a mobile device, or any web-capable device via the browser-based version.
Thinkorswim offers a large number of features in addition to its trading services, such as fundamental and technical analysis tools, charting, and paper trading.
What is TheoTrade?
TheoTrade is a trading education platform subscription service, also known as TheoTrade LLC. The platform has a small team of instructors who offer various courses about different options trading strategies.
TheoTrade offers both paid and free services. Without paying, traders can get instant access to daily newsletters, ebooks, and tutorials. However, the real knowledge of TheoTrade is in its various paid services, which are billed monthly or annually (depending on the course in question & the available billing options).
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TheoTrade Services
The main offering from TheoTrade is the TotalTheo® Unlimited Streaming Membership. This membership gives options traders access to the entire streaming curriculum, which covers topics such as trading options, navigating the stock market, futures, hedging strategies, and mindset.
TotalTheo® also gives access to pre-recorded courses, which are excellent resources for daily learning. Exact topics vary from class to class but generally focus on the options market. Here are a few sample topics:
- The Top 10 Skills for Growing a Small Account
- RSI Unleashed Class: Building a Comprehensive Trading Framework
- Consistent Intraday Strategies and Setups Class
This excellent service offers even more than pre-recorded classes though. Subscribers will also have access to a designated live trading chat room, where they can exchange thoughts and trading strategies in real-time with fellow traders.
Weekly and daily coaching sessions are available, as are real-world trading examples. Members will be able to learn from the financial strategist Don Kaufman himself, not only hearing how his tactics work in theory but being able to see them in action as well.
A few other notable benefits of a TheoTrade premium membership include real-time trade alerts and deep-dive analyses of current market conditions. These resources are especially useful to traders who are just starting out and want to understand more about trading options before taking action themselves.
All in all, TheoTrade offers traders who are interested in options trading a one-stop shop for trading education, resources, and trading tools. In truth, there are far more features included with a membership than we’ve mentioned so far.
If you’re curious about everything the platform has to offer, you can find out more by reading this comprehensive Theotrade review!
Summary
As you have learned, Don Kaufman is a reputable trading instructor with loads of real-world experience trading stocks, options, and futures. Although he does not appear to offer standalone one-on-one mentoring services to non-subscribers at this time, you can still gain access to Don’s extensive knowledge via one of the many TheoTrade services.
Click here to check out TheoTrade and sign up for free, daily trade ideas!
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