I have recently paid the $3176 and $29.95/month for the feed for the program. I am evaluating the software this week and on Sunday will be in a training class for it. I will have to decide if I keep it and pay the non refundable $3176 (including tax).
my gut feeling is that its a semi-scam. lol. The reason being is that I do not view trading stocks to be as easy as green light, red light. and what do you do if you just bought and the stock goes red on you!
I believe in what the Motley fool says about buying stocks. If you buy a stock you need a good reason, and if it changes then get out. I would have a hard time buying a stock on a 'green' light and not know what the heck this green light means! and then sell when it turns red in 3 days on me!
They promote Wizetrade as a software that tracks buying and selling trends and thus pressure. I think one can easily see from the stock price what the past trend has been and paint a perfect picture looking in hindsight. They say in the demonstration of Wizetrade "look it here, if I had bought at this low price and sold at this high price, I would have made x dollars instead of just holding Coca-cola all this time."
My feeling when he said that was "yea, no shit. I can be a genious too if I look at what stocks did in the PAST too!" what can ya do for me today? and most importantly, what is the success rate on current buy recommendation. Realize they never say buy a stock, only indicate with 3 green lights and then you must look at the FAST ...F-fresh cross, A-angle, S-separation between the green and red lines (I guess green represents buying pressure and red is selling pressure) and T is the timing??
Anyways, I have traded very successfully the last few years. I did sell off 2 massive winners too soon and cost myself over $800,000!!!! yes, that hurts. But, its very hard to hold onto stocks when you are gaining $20, 30, and 50k in a day or 2!
Perhaps with the Wizetrade, I would have kept these because there was no red selling indicators. Who knows.
anyone here ever use or currently use the software?
comments really appreciated. thanks.
my gut feeling is that its a semi-scam. lol. The reason being is that I do not view trading stocks to be as easy as green light, red light. and what do you do if you just bought and the stock goes red on you!
I believe in what the Motley fool says about buying stocks. If you buy a stock you need a good reason, and if it changes then get out. I would have a hard time buying a stock on a 'green' light and not know what the heck this green light means! and then sell when it turns red in 3 days on me!
They promote Wizetrade as a software that tracks buying and selling trends and thus pressure. I think one can easily see from the stock price what the past trend has been and paint a perfect picture looking in hindsight. They say in the demonstration of Wizetrade "look it here, if I had bought at this low price and sold at this high price, I would have made x dollars instead of just holding Coca-cola all this time."
My feeling when he said that was "yea, no shit. I can be a genious too if I look at what stocks did in the PAST too!" what can ya do for me today? and most importantly, what is the success rate on current buy recommendation. Realize they never say buy a stock, only indicate with 3 green lights and then you must look at the FAST ...F-fresh cross, A-angle, S-separation between the green and red lines (I guess green represents buying pressure and red is selling pressure) and T is the timing??
Anyways, I have traded very successfully the last few years. I did sell off 2 massive winners too soon and cost myself over $800,000!!!! yes, that hurts. But, its very hard to hold onto stocks when you are gaining $20, 30, and 50k in a day or 2!
Perhaps with the Wizetrade, I would have kept these because there was no red selling indicators. Who knows.
anyone here ever use or currently use the software?
comments really appreciated. thanks.
