BullTrade


Stock picking service, offers both a regular newsletter of picks and portfolios and a more expensive “special” stock alerts service.

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16 Comments on "BullTrade"

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Bob
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Bob
May 7, 2009 2:23 pm
BULLTRADE AVOID THIS SWINDLER. I subscribed to this newsletter for most of 2008. I made 32%!!! on one trade only. The majority of the pics this guy made were just terrible. He put in a buy for AIG right before the thing collapsed and then told us to sell at even. Apparently he can trade after hours, unlike most of us regular joes. I would say 80% of his pics sold at even and he would only make a couple of picks every month. The other trick this crook uses is he averages down multiple times. I think he averaged… Read more »
John
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John
May 28, 2009 2:15 pm
This newsletter is absolutely deceiving. The returns posted are not weighted to the actual money invested via doubling and in some cases quadrupling down. I subscribed to this newsletter for a year and decided to keep my money. Sure some of the calls were good, but not good enough to offset all the bad calls. The cherry on top was when bulltrade recommended a buy on AIG at $25. I know not everyone can be right all the time, but this was a total rookie mistake. Even someone as unversed as I am knew that there were problems in finance.
LAX
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LAX
July 2, 2009 3:09 pm
I first bought into Bulltrade after reading their impressive results on their website. After buying in, I did hit a few trades in early 2007. Then Bulltrade went on a cold streak. I mean ice cold. None of the picks I purchased made any money and I was lucky to get out at break even after doubling down in many different instances. I do remember the AIG call the previous reviewer noted. Bulltrade doubled and tripled down when the company was sliding. They sold of of that stock at a horrible loss. On the plus side it was relatively cheap… Read more »
Martin
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Martin
December 22, 2009 6:54 pm

They should be called Bullshit, not Bulltrade. I also subscribed to their newsletter in 2007. As soon as I found out how ridiculous their calculation of their performance was I cancelled my membership (even though I didn’t loose much money following their advice). I knew right away they were a joke and wouldn’t ever put my money on their advice. Reading the comments above I am sure the decision of canceling my subscription with them saved me thousands.

Lexi
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Lexi
June 3, 2010 8:57 am
After reading other websites reviews, I decided to give this newsletter a chance. Much to my dismay, the results were less than good. In my first month, they recommended shorting a stock, which I dont know really how to do. And only buying one other stock. 2 trades in a month? I bought the one suggested and held until the sell statement came the next month. Unfortunately, it came after the stock had lost all of the 2% gains I had in it. I guess breaking even is a win. I continued to buy and sell for the next 2… Read more »
Carol Pether
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Carol Pether
October 19, 2010 1:32 pm
This is a huge rip off. They renewed my subscription for $540.92 without warning and refused to return my money when I complained ONE DAY later! They are cheats who hide behind e-mail refusing to talk to you. They STOLE MY MONEY. My advice is to STAY FAR AWAY from them. They are cheats and liars and I never made any money from their picks. They publish picks too late to make money. I only made money from my own picks, then would see them jump on the old bandwagon days later when only 1 or 2 % left to… Read more »
zapped
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zapped
January 6, 2011 12:16 am
It is clear to me they are deceiving their readers. 1) They don’t actually invest a penny in any of their recommendations 2) Since they don’t invest, they have “unlimited” funds and average down or up at will – against all good rules of trading and setting some poor follow-along newsletter readers up for huge losses. By averaging down you get the LOSS % down but you greatly increase the actual money you will lose. 3) Every month they report a “gain” of x % . But this is misleading. It is not the gain in the portfolio they are… Read more »
Silas
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Silas
March 6, 2011 11:16 pm
I’ve been a member of this newsletter for the better part of a decade (2003-present). I read the past reviews and I’m wondering how everyone could be so far off the mark. All 7 previous reviews are completely dishonest The Bulltrade service has been great. They have never added to a position 5 times. They’ve never bought or sold a stock before or after the market like some idiots above said. Those are just lies some disgruntled customer must be making. Buy or sell orders are always given WAYYYYY in advance before the market opens, and every trade they’ve done… Read more »
LR
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LR
July 26, 2011 1:19 am

I strongly recommend this newsletter; start off investing very small amounts until you get the hang of it, for 6 months or so. The downside is that they will recommend trades, eg. short sales, that cannot be filled. The other downside is that you need to sit on a lot of cash in order to average down 2 or 3 times.

AC
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AC
April 2, 2012 2:04 pm
This service is a staggering fraud. I have never seen such crazy trading – they double, quadruple, 8x, 16x down on losing positions. The idea is that these positions will revert back. If they don’t, they report the percentage loss for the “entire” position. Other than high school dropouts, anyone can figure out that the amount of money lost on a total basis in a 16x position is much larger than a 1x position, even though the percentage loss is low. I don’t know how these low lives figured out such a deceptive strategy, but it seems to work pretty… Read more »
Westin Hardy
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Westin Hardy
April 17, 2012 6:54 pm

I have been a member of BullTrade for over 6 years. Only twice have they ever added to a position more than twice. So essentially the person below me is lying. That is a fact. I have made good money from their picks, but more importantly, I have avoided both market crashes because of their advice. It is an entertaining read, and a perfect way to start my trading day.

D. Howard Lotz
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D. Howard Lotz
May 11, 2012 1:30 am
I’ve subscribed to this and two other newsletter over the last few years. I’ve made good money and have never had any negative experience with their methods of trading. Negative reviews are likely from threatened competitors. My father used to trade using this service in the late ’90s and after passing on, I found some old printouts in his financial records. Not much has changed over the years with this newsletter. It is consistent and reliable and profitable, despite the ever-changing stock market. I’d highly recommend to anyone who watches or trades the stock market on at least a weekly… Read more »
lake
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lake
September 28, 2012 12:08 am
An article in thinkorswim catches my attention about “Stock Alert delivers 96%+ winners.”. The article was published in “MarketWire”. With that results, the annual Bulltrade subscription of $1000 seems like a great deal. When I dig deeper into the source, the article in Marketwire clearly noted “The Following article Is an Investment Opinion Being Issued by BullTrade.com”. It gave a thrill at my back – the article which seems like a neutral opinion is actually a promotion ad from BullTrade, except it is well masked. I have a deep suspicion on operation of bulltrade, with addition of their unrealistic claims.… Read more »
paxton4567
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paxton4567
May 9, 2014 6:42 am
I’ve been a BullTrade member since 2007. I just found gumshoereview or I would’ve posted a review sooner of BullTrade. The service is amazing. I can’t believe that they allow reviews here from people who haven’t even used the service. The guy below me even admits to as much…he just read an article about them! Anyway, I read both the newsletter and stock alerts each morning, I place my trades and I go to work for the day. I don’t even watch the stock market. I just trust in their research and place my orders. Obviously, sticking with them for… Read more »
Greg C
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June 28, 2015 7:26 pm

I agree with most of posts, not a honest website. 10% loss on a 200.00 stock and a 10% gain on a 20.00 stock is not even out. I had to cancel
My credit card because the website wouldn’t cancel my subscription out

ksuchomel
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ksuchomel
September 4, 2015 1:53 pm

I have been a Bulltrade member for 5 years. Started with a modest 36k. Up to 52K. Not bad for 5 years. Their system really does work. They usually stick to a few dozen companies they keep track of.

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