Five 10 Trading – Basic Day Trading Course

Five 10 Trading – Basic Day Trading Course

Want to start day trading but don’t know where to begin? Five 10 Trading’s Basic Day Trading Course claims to teach beginners how to trade stocks, options, and futures profitably.

But does it deliver real results? What’s inside the training? And is it better than free alternatives?

This detailed 2024 review covers:
✅ What Five 10 Trading really teaches
✅ Course structure, modules, and pricing
✅ Success stories (and red flags to watch for)
✅ Who should (and shouldn’t) take this course
✅ Free vs. paid alternatives

Let’s break it down.

What is Five 10 Trading?

Five 10 Trading is an online trading education company founded by experienced traders. Their Basic Day Trading Course promises to help beginners:
✔ Learn technical analysis & chart patterns
✔ Develop a profitable trading strategy
✔ Avoid common beginner mistakes

Who Is This For?

• Complete beginners with zero trading experience

• Traders who want a structured learning path

• Those interested in stocks, options, or futures

Course Curriculum Breakdown

1. Foundations of Day Trading

• Market basics (bid/ask, spreads, order types)

• Risk management (position sizing, stop losses)

• Trading psychology (controlling emotions)

2. Technical Analysis Training

• Candlestick patterns (doji, hammers, engulfing)

• Support/resistance levels

• Moving averages & RSI

3. Strategy Development

• Scalping vs. swing trading approaches

• Backtesting techniques

• Live trade examples

Bonus Materials

• Trading journal templates

• Discord community access

• Weekly live Q&A sessions

Pros & Cons: Is It Worth It?

✅ Pros:

✔ Beginner-friendly explanations – No Wall Street jargon
✔ Practical strategies – Focus on executable setups
✔ Community support – Learn with other traders

❌ Cons:

✖ No guaranteed profits – Trading is inherently risky
✖ Upsells to advanced courses – Basic course is just the start
✖ Requires discipline – Not a “get rich quick” scheme

Does This Course Actually Work?

Results vary widely—success depends on:

• Your risk management

• Time spent practicing in a simulator

• Market conditions

Student Experiences:

• “I turned $5k into $7k in 3 months using their strategies.” – Mark R.

• “Lost money at first until I mastered risk management.” – Sarah L.

Who Should Avoid It?

• People expecting overnight riches

• Those unwilling to paper trade first

Pricing & Alternatives

• Course Cost: $497 (sometimes discounted to $297)

• Free Alternatives:

  • Babypips (forex focus but great basics)

  • TD Ameritrade’s free courses

Final Verdict: Should You Enroll?

Best for:
✔ Absolute beginners needing structure
✔ Traders who want mentorship

Not ideal for:
✖ Experienced traders (too basic)
✖ Those wanting passive income

FAQs

Q: Is Five 10 Trading a scam?
A: No, but trading itself is high-risk—no course guarantees profits.

Q: Can I get a refund?
A: Yes, typically 30-day money-back guarantee.

Q: How long to complete?
A: Most finish in 4-6 weeks (self-paced).

How to Get Started

1. Visit Five 10 Trading’s website (official link)

2. Enroll during a promotional period if possible

3. Start with the risk management module

Before You Trade Real Money…

1. Paper trade for 3+ months

2. Start with small position sizes

3. Keep a detailed trading journal