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stock trade machine tryout
Posted on 10/22/20 at 5:00 pm
Posted on 10/22/20 at 5:00 pm
I had looked at this before, but up front it was priced as $200/month. Digging around, I found that this link took me to a tutorial and an offer for $20 per month.
Looks pretty powerful. Has anyone used it? The covid crash may have affected it.
LINK https://stock.trademachine.com/get-stock-trademachine/
Looks pretty powerful. Has anyone used it? The covid crash may have affected it.
LINK https://stock.trademachine.com/get-stock-trademachine/
This post was edited on 10/22/20 at 5:01 pm
5
Posted on 10/22/20 at 5:02 pm to Auburn1968
Think about it
Posted on 10/22/20 at 5:13 pm to Auburn1968
I’m a stock machine
Give me 20 bucks a month I’ll pick your stocks
Give me 20 bucks a month I’ll pick your stocks
Posted on 10/22/20 at 5:32 pm to Auburn1968
I did the free trial and signed up for the $20/mo afterwards.
It's hard to say long term, but so far it has paid for itself in spades.
I don't trade much and pick my spots and only jump in the really highly scored trades, but if you don't have much time for research $20/mo is well worth finding a good one every so often.
It's hard to say long term, but so far it has paid for itself in spades.
I don't trade much and pick my spots and only jump in the really highly scored trades, but if you don't have much time for research $20/mo is well worth finding a good one every so often.
Posted on 10/22/20 at 6:01 pm to Auburn1968
quote:
I had looked at this before, but up front it was priced as $200/month. Digging around, I found that this link took me to a tutorial and an offer for $20 per month.
Looks pretty powerful. Has anyone used it? The covid crash may have affected it.
I use it. I am far from a stock wiz but it has paid for itself handsomely since I have had it. I only trade with margin, because I don't want to sell any of my long term holdings to trade - and I am up roughly 2k net in about 2 months with it (I track my trades and my net gains are calculated less taxes and margin costs).
If you're interested in trading, I would definitely suggest it. $20/month easily pays for itself if you trade with any regularity and once you sign up you are locked in for like at that price - it's only going to go up.
The $200/month version is for options trading by the way. Can't vouch for that one way or the other.
Posted on 10/22/20 at 6:48 pm to Tigerfan56
quote:
The $200/month version is for options trading by the way. Can't vouch for that one way or the other.
I wonder what the difference is? Pretty a steep order of magnitude price difference.
Posted on 10/22/20 at 6:54 pm to Auburn1968
quote:
wonder what the difference is? Pretty a steep order of magnitude price difference.
How quickly your margin gets maxed out when things go poorly
Posted on 10/22/20 at 7:26 pm to Tigerfan56
Who want to go in halfsies with me?
Posted on 10/22/20 at 7:57 pm to Auburn1968
Options have a much higher risk/reward. You can have a 200% gain in a few days or potentially lose everything.
Stock trade machine you're looking at much smaller moves.
Stock trade machine you're looking at much smaller moves.
Posted on 10/22/20 at 9:40 pm to Auburn1968
It works but make sure you have a system. Don’t spend 20% of your account on one trade
Posted on 10/22/20 at 11:15 pm to LSUtoOmaha
Anyone else willing to provide more information on the kind of returns they’ve seen using this?
Posted on 10/25/20 at 11:40 am to Sterling Archer
quote:
Anyone else willing to provide more information on the kind of returns they’ve seen using this?
Bump anyone please? :-)
Posted on 10/25/20 at 12:00 pm to rintintin
quote:
Options have a much higher risk/reward. You can have a 200% gain in a few days or potentially lose everything
Yep, head over to Reddit WallStreetBets and go check out that craziness
Posted on 10/25/20 at 6:13 pm to Sterling Archer
quote:
Anyone else willing to provide more information on the kind of returns they’ve seen using this?
I’ve made about $2k net of taxes/margin in roughly 2 months? I’m not sure how many trades I’ve made, probably 20 or so. My cost for each trade is usually around $5k
Posted on 10/25/20 at 6:57 pm to Sterling Archer
most of the time these triggers are for one or two week trades, although you can set your own parameters. Very similar to options though in that it will be your position size that will matter. The machine typically triggers for trades that have a defined open and a defined close, and it’s very likely you are looking at low single digit moves either way.
The idea is that position size makes the difference. It’s pure swing trading
The idea is that position size makes the difference. It’s pure swing trading
Posted on 10/26/20 at 8:47 am to Sterling Archer
I've only made 7 trades in 3 months, with 5 winners and 2 losers (Although I set stops to minimize losses so I'm technically not holding the recommended time-frame on every trade).
Those 5 winners have returned an average of 13%, while the 2 losers have an average of 4.7%.
Most trades are 14-21 days. You can do your math based on what you would be willing to risk.
Again, it's hard to say with such a limited sample size, plus almost all of my trades have been tech companies so they've almost all been winners regardless. It will be more telling during longer market drawdowns.
Those 5 winners have returned an average of 13%, while the 2 losers have an average of 4.7%.
Most trades are 14-21 days. You can do your math based on what you would be willing to risk.
Again, it's hard to say with such a limited sample size, plus almost all of my trades have been tech companies so they've almost all been winners regardless. It will be more telling during longer market drawdowns.
Posted on 10/26/20 at 9:24 am to rintintin
Thank you gentlemen 
I think I may give it a shot with a small amount of money for a little while.
I think I may give it a shot with a small amount of money for a little while.
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