Trade Stops ProgramRichard Smith was recently joined by Stansberry to promote Smith’s program ”TradeStops”. Are there any opinions on the value of the program. It is not simplistic and I believe will require some tracking to keep your portfolio in sync with all the information. I do however believe the program can add a layer of safety and knowledge with regards to when to sell or buy a stock.
Has this been discussed before? I am a fairly new Irregular.
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I have subscribed for over 3 years and find the service invaluable, especially for tracking total return. The program has an option where it adjusts for dividends so you can see instantly what your total return is rather than just price changes.
I also use their research feature extensively as well as there Stop system. Worth every penny to me, and I’m frugal, very frugal!
Thanks Dennis,
I just recently signed up and haven’t figured out all the features to justify the fairly large price. They give us 60 days so I’m pretty sure I’ll see all the major benefits before making a final decision. Had I used the system and followed the recommendations about six months back I would have saved about 60K in losses. That’ll pay for a lot of newsletters and years of the program.
I just popped for a lifetime to Tradestops premium. All I can say is that if you have a 6 figure account it’s a very nice sort of extra layer of protection. Kind of like a Jockey on a horse in the K Derby. The jockey’s job is to keep the horse out of a jam. Tradestops is no guarantee but it will tell you if you are gambling. I am thrilled at the protection I now have.
Extremely simple to install and use.