written by reader Dr. Richard Smith’s Tradestops

By redbark, November 10, 2015

Is there anyone who has got into Dr. Richard Smith’s Tradestops? Do you recommend it?

Jim Russell

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.

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Stan
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Stan

I just joined Tradestops only to learn about SmartStops.net which seems to have a smarter trailing stop approach. So I joined them too. And when I went to cancel my $1500 subscription to Tradestops with their “30 day money back guarantee” , they are telling me they can’t! Seriously?! And that they can only issue me a credit to other services. I had to cancel my credit card to dispute this! Not good business. I checked with SmartStops and they say you can cancel at any time and do it online as well. And you’ll get a pro-rated refund if… Read More »

dinjax
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dinjax

I bought Tradestops pro for a year starting in late 2018. I used it to identify and invest in several stock in their green zone. Unfortunately, most went red in the market drop at the end of 2018 and I didn’t know the program well enough to use it to set appropriate stops. It was helpful to teach me to use volatility to evaluate where to set stops. It recommends a 1VQ (Volatility Quotient) stop, but I prefer setting it tighter, especially for stocks with a gain. One good point they make is to reinvest in stocks with gains greater… Read More »