• Is The Average Joe The New Stockbroker?
    • By: COOPER ROSE

      Freddie Rick, the man behind BetterTrades, is taking the middleman out of investing, one day at a time—and he has a unique way of going about it.

      BetterTrades is an education company that focuses on teaching people how to make smart investments. Rick has set up BetterTrades in such a way that it’s ideal for anyone to learn how to invest, regardless of their lifestyle, income range, or investing experience level. In order to make the courses offered through BetterTrades relevant to so many groups, Rick split his service offerings into two components: (1) a teaching and (2) coaching.

      On the teaching side of BetterTrades includes the BetterTrades Financial Freedom Expo, the BetterTrades virtual classes, and the BetterTrades Market Essentials course. The BetterTrades Financial Freedom Expo was created as an investment jumpstart course. It’s an eye-opening, two-hour presentation that explains the ins and outs of investing in stocks as well as how to make the most of other investments such as IRAs, 401ks and bonds.

      The next training in the teaching series is the Market Essentials course. That course takes the lessons taught during the BetterTrades Financial Freedom Expo a few steps further, teaching participants even more about how to invest and key tips for making risk-free investments. The final component of the teaching series is the BetterTrades virtual classes / webshops and offline workshops; those courses provide an in-depth look at the most important topics and actions related to investing in stocks. (Learn more.)

      On the coaching side of BetterTrades, Rick helps pair participants with BetterTrades financial investment coaches. The coaches help participants to see the theories and strategies they learned during the BetterTrades teaching series in action. For example, BetterTrades coach Bob Eldridge gives the participants he coaches the opportunity to experience ideal daily stock trading activities through “The Bob Eldridge Training Lab.” That program walks investors through what should go into every trade decision, from the hours before the markets open through the end of the day. What’s nice about “The Bob Eldridge Training Lab” is that, participants never know what they’re going to learn. The trades Bob Eldridge demonstrates may be short term, medium term, or long term; they may be for a blue chip or a small chip; the indexes on which he trades, and the requirements to do so, may also differ. Therefore, there is literally something new to learn every day! Then, in addition to his standard training lab, Bob Eldridge also has a DVD called “Cash Cow Training Lab” that his trainees can view to learn the advanced stock trading technique of turning profits daily.

      The combination of teaching and coaching has proven to be a perfect formula for BetterTrades. The company has quickly grown over the years. Plus, the company’s impact on the financial industry is quite apparent. The profile of the stock trader is changing because of BetterTrades. Now, the typical investor isn’t just the stockbroker, the financial analyst, or the graduate of a posh university. Instead, the new financial investor is the average Joe and Jane. Through BetterTrades, Rick has proven that, with the right training, hard work, and a coach to help someone along the way, anyone can be a successful financial investor.