Trading is a set of investments that has the potential to change your life completely.
However, if you don’t have enough expertise in this area, you can end up losing money instead of earning it.
If you’re like most of my readers, you came across TradeStops for one main reason:
You want to make more money than you currently make by leveraging your existing resources.
Maybe you’re even looking for a quick turnaround on some of your cash, instead of waiting years, or even decades for it to double.
Well, you’re in good company – who wouldn’t want all of that?
There’s one thing you need to watch out for though: legitimate scammers.
The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space.
But for purposes of this review, let’s assume these people had the best of intentions.
Even with the most sophisticated systems out there, most experts barely manage to get it right 10% of the time…
Obviously, there’s an argument to be made that 1 winning bet can outshine 10 losing ones…
But if you mess up and miss a trade even one time, your month can turn sour pretty quickly.
Suffice it to say, there’s a whole lot of stress & uncertainty.
Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into.
But what if you could build a different income stream, and start seeing profits within your first few days?
I’m talking about a system that doesn’t require:
- Obsessively checking your phone and charts
- The emotional turmoil of loss after loss, waiting for that win
- Glorified gambling
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it, without spending every waking hour watching for alerts and pouring over charts?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what TradeStops looks like on the inside, keep reading.
What Is Tradestops?
TradeStops is an online portfolio monitoring tool that provides several features to help you assess and improve the performance of your investments. Using stock analysis tools can help you decide what to buy and sell and how much money to invest in each venture.
TradeStops also assesses stock risk based on past volatility and rebalance portfolios as required. The trading platform allows users to create diverse investment portfolios using various investing strategies.
Tradestops Platform Overview
TradeStops, an online trading platform created by TradeSmith, enables users to trade wherever they are. This platform may be useful to long-term and medium-term investors as well as traders of all skill levels. All the tools needed to manage a stock portfolio and keep it balanced based on risk and market volatility are available.
You can use the tool to monitor American exchange-traded stocks, mutual funds, indices, penny stocks, OTCs, a few exchange-traded funds, and options. It also supports the Australian, German, and London stock markets.
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?
This trading platform was created by TradeSmith. The mind behind Tradesmith is Richard Smith, a Spring Hill, Florida resident. In 2020, Richard sold the company to an undisclosed financial publisher. The company’s current worth is not known.
The company, launched in 2013, employs between 51 and 200 people.
How Much Does TradeStops Cost?
Before choosing a plan, you can take advantage of a 30-day trial period. You can also subscribe to Tradestops.com. If you want to find out more, you can contact customer support. They’re often responsive and can be contacted 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:
Because it contains the fewest features, it’s also the cheapest plan. The Basic plan can help you master risk and build wealth by taking advantage of portfolio tracking, and 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.
You can 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.
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.
This is the highest subscription tier available. It provides users access to 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, you may buy additional alerts in bundles of 500 or 1,000 for $1500 or $2,000.
Who Should Use TradeStops?
TradeStops can be useful to investors of all levels of experience.
TradeStation has been helping brokers, hedge funds, and institutional investors who need accuracy, fast trade execution, and the freedom to change charting tools to their exact needs for the past 30 years. This has made TradeStation the go-to platform for traders. The most recent platform reboot has given active traders access to the same trading tools 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
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’s 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 that alerts 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 your stocks’ whole life cycle and current status.
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.
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.
Allocation of assets is also accomplished via the usage of the PVQ analyzer. However, it’s 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.
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.
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.
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.
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?
Alright, time for the $1,000,000 question: is TradeStops a scam?
No, not technically. You can 100% make money with it, but it’s not NEARLY as simple as Richard Smith wants you to think it is.
You need to understand that you are taking a very big risk with financial products.
So while it’s entirely possible that you hit the big leagues and retire to a vineyard… the path to get there is so stressful, it might just shave a decade off your life… IF you even get there.
A friend of mine actually writes advertisements for one of the largest financial program advertisers in the world… so believe me when I say most of the “awesome” numbers they use in their ads & landing pages are borderline false.
What they conveniently leave out are the dozens of losing bets and trades that came before the big win you’re reading about.
Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before (hopefully) getting a big win.
I’d rather use that 3 months of work (in my spare time) building Digital Rental Properties, and then collect a handful of nice little $500-$2,000 checks every single month afterward (AKA passive income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is a laptop and an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macroeconomic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades, or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like TradeStops, which might make you money if you luck out.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.