Stock trading service.
21 Comments on "Gorilla Trades"
Gorilla Trades — Pure crap. Entirely a mechanical system with no subjectivity, and they won’t publish or release their past results. Even their explanations on picks are automatically generated. They probably have a staff of one, not counting Davey Jones who is shilling for them. Results were inconsistent, and not very good across a varying set of market conditions. A waste of good money, and not the least bit educationa, since they don’t disclose any meaningful information about their selection methodology. (Most likely a monkey throwing darts at a dart board.)
I will be as succinct as possible……basically the service sucks……and they will be getting , “No More Bananas From Me”
You are presented with too much confusing data , and are left to decipher it all and then wait for certian criteria to click before placing a trade . Gee what are you paying for? Most subscribers want stocks they can purchase now!
I give Gorilla the old Bronx cheer….ffffffffat!
I use Gorillatrades for very short term swing trades. The subscription pays for itself. The stops they use are very liberal which may result in losses due to volatile markets, thus, I get out quick with smaller profits. It’s a good service in the way that I use it.
My issue is CONSISTENCY. Or lack of. The nightly newsletter arrives on time, but it is not the current day’s trade. Instead I open up yesterday’s email, which I have already read. I have complained many many times but this inconsistent mail has not been fixed. This problem happens about 1 day out of 10.
The subscription, I feel, is not worth the price…I’m going back to IBD and pay 1/2!
This is a scam. The website is simply plagiarizing ibd picks and passing them off as its own.
Timely picks with enough advance warning to be able to capitalize. All of their picks aren’t big winners – if they were the owner would be on his yacht in the Cayman Islands with his Victoria’s Secret model girlfriend. But enough of the picks are winners that you can make profits and Improve your standard of living in a nice way!
I’m definitely happy I subscribe.
I’m not sure what the negative reviews on here are for. I’ve been trading using Gorilla for almost three years now and have been making more money than i was without it. No, its not gonna be right everytime nor does it claim to. I don’t see what the problem is. If you just follow their picks when they trigger you almost always make money. Theres always a chance to lose money but from what i’ve read on here it seems to be user errors.
27apr16 Facebook options trade
I was looking through the Gorilla Trades portfolio on 27april16 and I noticed that Facebook was priced near the entry of $108.– I called my broker, bought the 06may16 calls for $2.64 just before the market closed. Earnings were announced five minutes later and the stock popped to $117.50 then climbed in after hours to $121.– I sold around 10am 28apr16 for $7.66. I regularly make 200% to 450% trading options on Gorilla Picks I especially like the Gorilla Picklets when they are priced around $4.50, since mutual funds usually avoid stocks below $5.00.
I analyzed the trade history back to 2007. Here are my results for confirmed trades:
Avg Win 7.04%
Avg Loss -3.88%
Win % 58.99%
Lose % 41.01%
Avg Days 64.92
Avg Trade 5.74%
I took a subscription 5 years ago when the time came to renew I was renewed automatticly,but for personal reasons i could not afford the subscription.I notified them a few weeks later and told them and they refunded my money promptly.To me this says alot about their service.It’s not only about the stock picks,it’s also about integrity.I’am now looking for a trade web site and will give them first consideration
As stock picking services go, this has to be the worst. I signed up and in less than 60 days after following all the picks provided I lost over $3000. Every pick but 2 went down dramatically with most of them hitting the recommended stop loss. Please stay away from this service, they have no idea what they’re doing.
I’ve been using this service for a bit over a year now and it has yet to even come close to paying for itself. Every win is balanced against multiple losers that pull back the profits. I will not be renewing.