What do you think about the Magic Calculator being teased by tradestops.com?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
Tradestops is an excellent tool.
I have been using it for a few months and it has helped me.
James,
have you had any success with “magic calculator?”
What is the difference between the Magic Calculator and the Trailing Stops Calculator from Tradestops?
It’s odd…….There have been a number of readers who have requested information on Agora’s FDA Trader Magic Calendar system. Nobody has provided a reasonable comment on the service as of yet. This program has a $1500/yr tag with a 60 preview that runs $150.
Would have expected SGS to have provided a direct comment or slam. Seeing nothing on it from SGS makes me that more interested. Seems that SGS has the reverse philosophy that “If you can say something bad about a newsletter let ’em have it” However, if it actually has merit to it……”Hush Hush Sweet Charlotte”. No comment must mean this FDA Trader Magic Calendar” is a pretty good service then I suppose.
I’ve written twice about Magic Calendar teaser pitches, though we’ve not yet seen any subscriber reviews — the letter is only a few months old.
Hi Travis, I just listened to Richard Smith’s presentation of his TRADESTOPS.com service. Could you kindly comment on this offering? It’s expensive ($3,500 is a promotional price for lifetime subscription). Have you used the service? Do you have any comments from Stockgumshoe subscribers that you would be willing to share? I searched stockgumshoe.com and only found a couple of meaningless comments about Magic Calendar/Magic Calculator – those may not be the same as tradestops.com. Many thanks in advance?
Olga Doctorova,
a stock gumshoe subscriber
It’s way overpriced. And algorithms not even that good. Can get a much better service for alot less. I had signed up for both SmartStops & Tradestops and decided SmartStops was the way to go. See actual performance results here. https://invest.smartstops.net/faq/does-smartstops-perform-better-then-tradestops/
Is magic calendar or trailing stops calculator from trade stops worth investing in?
Magic calendar offers 3 months subscription for $400?
Definitely not. And it’s b.s. to call it “magic”. I think they’ve even taken that down now. But like with any Position Sizing Calculator, being able to calculate the right stop price to feed into it, is key. So Tradestops offers a pretty lame approach and SmartStops a better one (you can look for comparison) ,plus SmartStop ” How Much to Buy Calculator” (which is a position size calculator) is free to use. Doesn’t cost a dime. see: https://invest.smartstops.net/how-it-works/how-much-to-buy-calculator/
Some trading platform like that of Fidelity and TD Ameritrade offers trailing % stops already. What is so special with the TradeStops trailing % stops that would justify paying membership fee for it? Please let me know. Thanks.
The one I just subscribed to is “Magic Calculator” $49.50/year Google Dashboard ( what ever that is
Primer ” The Greatest ETF’s in the world” and ” 2 Best Dividend Payers”
I have yet to receive anything from them.
Have you had success with the “Magic Calculator”? Would you recommend it?
It’s b.s. It’s just a version of the position sizing calculator which you can find numerous copies of by doing a google search. The key is for these calculators you just need to figure out what stop you want to use. That’s the challenge. Another service “smartstops” provides you with that calculation with their proven algorithms. They have a calculator too – How much to Buy. Position sizing is important as it factors in the individual equity risk. It’s hammered into most active traders but alas the rest of the investing public just makes do with the old 2% of your portfolio rule is max to invest. That does nothing to factor in true individual risk that can vary per equity.
I’m seeking ways to maximize my portfolio returns. What are the most effective products used to maximize returns on stock investing? I would greatly appreciate investors success with products.
There’s no magic to Tradestop’s calculator. All their marketing is so over the top and their service , now part of the Agora marketing machine is going to sell you into a ton of the newsletter publishers.
I use SmartStops.net position sizing calculator. They call it How Much to Buy calculator. It’s free. Don’t even need to signup for their less expensive service which offers their own smarter stop. They’ve helped me successfully keep my profits!