TradeSmith, LLCReviews of tradesmith.com

This is my second go round with these guys and neither have been particularly good. The latest event involves options and for the first week or so of membership, all I could get on the call side was European style stuff. Called and got eventually got some help and I proceeded to log out, then log in, and decided to try the put side. Lo and behold, two American options and the rest were European. Huh?? This would be great if I lived in Europe, unfortunately I live in eastern USA. These guys seem interested in one thing and one thing only, that is extracting money from your wallet and putting it in theirs. Their customer service is just OK, and the products as far as I can tell are also ok. For the price one pays, they should be great, they're not. Caveat emptor.

Was I touch twice with office yesterday, Nicole? Who confirmed would b ideal to renew with Premium only this time. In addition to having 2 callbacks during a death in my family, I called today and took almost 20 minutes to renew…while a different agent looked for that $99 promotion. I needed to send the thread…

So I figure I would watch there video and get my free 1 stock recommendation was MANH. So I compared it to my alpha, Quantum ratings SA Analyst- HOLD 3/5 Wall Street- Buy 4.09/5 Qant- Hold - 3.36 /5 Valuation- F Growth- C Profitability -A Momentum-B+ Revisions- A + 1 year growth as of 8/27/24-33.91% 6 month growth -20.59% 1 month- 0.29% I think my research is just as good then spending 1500 bucks. Just do not expect immediate results . Lot of factors can come into play regarding politics- world unstable issues. Every thing is a risk. I would wait until Qantum will be a buy to strong buy . They should of got in a year ago . The stock is currently over valued -

When I asked for withdrawal, they didn’t pay me, I realized what was wrong when I compared them to F H U B, never had any issue with payment.

Me thinks these reviews are fraudulent. Either all 5 Star Raving Reviews which is NOT NORMAL or 1 Star Reviews. Incidentally, how are almost ALL THE REVIEWS DONE IN JANUARY, again not believable. Shame shame. How can people make an informed decision when you create fake reviews?

I didn't give Tradesmith one star because TradeStops is a good product. However, my recent experience with their so-called "elite" service - Predictive Alpha Elite Prime - and their customer service was a massive let down. The pitch: the AI can predict a stock price's move one month into the future. If you therefore start with X amount of money and keep compounding 10% gains, you could become a millionaire in Y amount of years. Give it a risk free try for 90 days and if you're not satisfied you can request a refund! At the time of writing (1st Jan 2024), of the open positions, 1 out of 6 are currently in the green. Of the closed positions - the win rate is only 54%. I subscribed to this service in May 2023. I was a fool to believe the AI hype. Because I was a fool I bought a lifetime subscription too, with a $199 yearly maintenance fee. Within the first three months, the win rate was 72% which is not the best but fair. At the start they were touting how good the win rate was in their weekly email updates. Needless to say, in the last few months, they've avoided mentioning what the win rate is altogether. Now that I know better, I know the AI is trained on large language models (LLM). In the original pitch, they did not specify what kind of LLM it was trained on. Since the service's aim is to provide quick one-month trades, I had assumed the AI would be trained to spot patterns such as classic resistance breakouts, head and shoulders patterns, bull/bear flag, etc. This is clearly not the case. The AI "predicts" moves after things have tended to go up already. For example, it recommended TSLA on the 20th Dec after the Nasdaq had ripped higher from the end-of-October bottom. I expect a service marketed as "elite" to predict moves before they happen for maximum gains. Currently the AI behaves like an inexperienced trader chasing FOMO trades after the fact of a big move. I emailed customer service a week ago to request a refund for the lifetime subscription part. I was willing to make a loss on the subscription fee for the first year. Technically as my first year hasn't ended yet I thought my request would be reasonable. Instead, I was gaslighted - customer service said the recent win rate for the service was pretty good and therefore they couldn't give a refund. I suggested they waive the maintenance fee for a few years to make up for the poor product but they refused. TradeSmith is a company with no integrity. This is in contrast to Stansberry Research where about 8 years or so ago I subscribed to one of their small cap newsletters. In a few months they closed the service due to the exceptionally poor results (thankfully I never trade every recommendation, including Predictive Alpha) and was offered a choice of a refund or a year's subscription to their elite Venture Value product. They also have a yearly report card which grades the performance of their service. My advice? TradeStops is a useful product that helps you keep track of your portfolio but you should stop there, ignore any of their marketing emails and avoid all their products.