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Tradestops Review (2024 Update): Everything You Wanted To Know!

By: JosiahDec 07, 2023Stocks and Trading
Tradestops Review ([year] Update): Everything You Wanted To Know!

DISCLAIMER:

This Tradestops review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • High-quality trading platform
  • Comprehensive research tools
  • Active trader community
CONS
  • Expensive subscription fee
  • Limited research tools
  • Lack of Transparency

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

A game-changing suite of investments, trading has the potential to elevate your life to a whole new level.

However, if you do not have sufficient understanding in this field, you may end up losing money rather than making any.

You probably discovered Tradestops for the same reason you might have come across any other financial newsletter, particular stock trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).

This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.

Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.

But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.

But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?

TESTIMONIAL - Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Leasing.

However, if you’d still like to know more about Tradestops, keep reading.

What Is Tradestop?

What Is Tradestops All About

An online portfolio monitoring software, TradeStops offers a number of tools to help you evaluate and improve your investment results. A stock analysis software may assist you in determining what to purchase and sell and how much money you should put into each investment.

It's also the goal of TradeStops to evaluate the risk of stocks based on prior volatility and rebalance portfolios as necessary. With the use of the trading platform, ideas let traders build a broad investment portfolios using various investing techniques.

Tradestop Platform Overview

An online trading platform developed by TradeSmith, TradeStops allows users to trade on the go. Traders of all skill levels and long-term and medium-term investors may benefit from this platform. All the necessary tools are provided to help one manage a stock portfolio and balance it in accordance with risk and market volatility.

Using the tool, you may watch U.S. exchange-traded equities, mutual funds, indices, penny stocks, OTCs, a few ETFs, and options. London, German, and Australian stock markets it is also supported.

One of the many features of Tradestops' online service is a powerful alerting mechanism that lets you know when certain of your positions change. Some charting tools are included in the subscription package. Premium notifications include the following:

  • Entry signals
  • Gain/loss warnings
  • The volatility quotient alert adjusts the stop percentage to market volatility.
  • Price targets.
  • Exit signal
  • Option alerts and much more.

There are already over 50,000 investors that use the site to monitor more than $20 billion in their investments.

Who Owns It?

Tradestops Founder

TradeSmith is the company behind this trading platform. Richard Smith, a Spring Hill, Florida resident, is the brains behind Tradesmith. Richard sold the business in 2020 to an unnamed financial publisher. However, no information was provided about the company's current value at the time.

There are between 51 and 200 people employed by the company, which was founded in 2013.

How Much Does TradeStop Cost?

Tradespots Cost

Before choosing a plan, you can take advantage of a 30-day trial period. You can subscribe to it on Tradestops.com. If you want to find out more about that, contact customer support. It is often responsive and can be reached out to from Monday to Friday (9 am – 5 pm ET) through phone and email.

The platform comes in four different price brackets tailored to the needs of the various investors. Here are the options you can choose from:

Basic Plan

Because it contains the fewest features, it is the cheapest plan. The Basic plan can help you master risk and build wealth by taking advantage of portfolio tracking, simple and volatility-based trailing stops. This contains core tracking features such as basic risk management, complete portfolio management solution, and wealth creation skills.

A yearly subscription is $228. However, you might be able to find a deal that allows you to pay $99 for the first year, after which the normal rates will kick in.

Plus Plan

You may enjoy advanced alerts and track for $588 per year in this pan, equivalent to $49 per month. All of the key features of the Basic plan are included as premium notifications and access to the proprietary algorithm.

Premium Plan

The Premium Plan is one level higher than the Plus Plan. You also get essential analytics, the risk rebalancer, portfolio VQ, and all the features of the Plus plan. The annual charge is $999.

Lifetime Plan

This is the highest subscription tier available. It provides users access to all of the Tradesmith empire’s tools, including TradeStops, Ideas, and Crypto. You will, however, have to pay a hefty $5000 every year to do so.

Limit Of Alerts

Since April 2016, the amount of tradestops alerts a member receives is based on their subscription as follows:

  • 200 alerts for the basic plan
  • 300 alerts for the plus plan
  • 400 alerts premium plan
  • 500 alerts for lifetime subscribers

Depending on the number of alerts desired, additional alerts may be bought in bundles of 500 or 1,000 for $1500 or $2,000.

Who Should Use TradeStops?

Tradespots Is Most Suitable For

Investors of all experience levels may benefit from TradeStops.

Hardcore traders have grown to regard TradeStation as their go-to platform because of its three decades of service to brokers, hedge funds, and institutional investors that demand accuracy, rapid trade execution, and the flexibility to adjust charting tools to their exact specifications. With the latest platform reboot, active traders now have the same trading capability at their fingertips as professionals.

That's what it does: It helps you make informed, high-potential investment decisions with your money and your portfolio.

In other words, it gives you all the information you need to make the trading choices that best fit your strategy. Having a personal trading adviser who can help you decide what to purchase when to buy, and how to sell is a lot like having that advisor on hand.

Tradestops Key Features

Tradespots Key Features

Volatility Quotient (VQ)

For each stock in the portfolio, the volatility (VQ) indicator provides a percentage value to its volatility.

Both of these objectives are achieved via the employment of the percentage. It is necessary to establish a trailing stop loss first in order to assess how far below the current price it is necessary to go.

The second step is to figure out how much money you might possibly lose on a stock if you use trailing stop orders to buy it back later.

Stock State Indicator (SSI)

The SSI is a technical indicator meant to alert you if a specific stock has suffered a significant amount of volatility. It will also notify you whether the instrument has recently generated an entrance or exit signal, among other things. Thanks to this handy tool, you'll get an overview of the whole life cycle and current status of your stocks.

Position Size Calculator

The Position Size Calculator is included with an easy-to-follow instruction manual. It describes how the results were obtained and how they are impacted by the many factors considered.

In the first instance, it asks questions about the traders' risk tolerance for a certain trade. Following their selection of the amount they are prepared to lose, the program presents them with a number of possibilities.

The difference between the instances is where the trailing stop is placed. Traders may use the estimates to customize their buy and sell orders based on the projected outcomes, saving time and money.

Asset Allocation

In your capacity as a trader, you may utilize the asset allocation tool to see a breakdown of your assets and how they are dispersed across different sectors, marketplaces, and companies. You'll find it under the platforms research tab on the navigation bar.

PVQ Analyzer

Allocation of assets is also accomplished via the usage of the PVQ analyzer. However, it is based on the volatility quotient rather than the market sector.

This tool is useful for multi-portfolio investors since it may be used to assess one or more portfolios simultaneously.

Market Risk

Trading strategies are beneficial to both long-term investors and short-term traders. This is because they provide a clear and understandable picture of any potentially profitable stocks. To examine the stock market, you may use any trade analysis software or financial news source.

According to the program, the industry is organized into the following essential categories:

  • Low risk
  • Medium risk
  • High risk

It all depends on the computed entry and exit points and the fluctuation quotients.

As a trader, you may go deeper into the data to see how the risk associated with your index has changed over time. You may also compare the past highs and lows of the market.

Using this function, you may identify and assess risks associated with large indexes, stocks, commodities, and market sectors.

Stock Finder

You must remain dedicated to spotting potential trades on VQ and potential risks when utilizing the integrated stock finder. This is because the stock finder has only a limited number of fundamental filters and technical indicators available.

Risk Rebalancer

The risk rebalancer tool assists investors in decreasing the average volatility quotient of their portfolios. A change in the number of shares has the effect of increasing or decreasing the total risk, which is the purpose of this technique.

Furthermore, the Risk Rebalancer tool may be used with data that has been imported from CSV files, which is a significant benefit over other tools. A direct link with the brokerage business or data that has been manually imported will allow you to examine your portfolio at that point.

Alerts

Your best bet in a market packed with data, conflicting viewpoints, and fake news is to keep up with the information that counts the most to you.

Luckily, Tradestops has several well-designed alerting tools. These are made possible by the use of a proprietary algorithm.

Are There Alternatives To Tradestops?

Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:

Is Tradestops A Scam?

Scam or Legit

So, is Tradestops a scam? Not technically. You can make money with it, but it’s definitely not as easy as Tradestops makes it sound.

Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there...and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324...so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing.

It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:
  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

What Is My Top Recommendation For Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.

Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.

With Digital Leasing, you own the assets, which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3. Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

TESTIMONIAL - Scott Lead Gen

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Lance Lead Gen

4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Done Deal

5. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Tradestops which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing**.**

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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