Wizetrade?
Question: Has anyone in the Group tried or know someone who has used this $4000 software (Wizetrade) that tracks stock progress?? Any honest opinions would be great?? Thanks………
Answer: What follows is only my opinion regarding Wizetrade, and any other software that promises untold riches from the stock market.
Run Away!
Think about it. If someone actually did find a method for making money from following red and green flashing lights, why would they sell it? Wouldn’t they just trade the method themselves growing their own accounts into the millions of dollars?
On to the software itself: I have a copy of the Wizetrade program provided to me by a friend who DID spend the cash to get it. He wanted my opinion. After reviewing the training DVD’s and testing the software vs. the system I use, I felt the Wizetrade Program failed to measure up to the expectations set forth by the promoters. I advised my friend to get his money back ASAP. He failed to listen wanting to test the signals himself.
His results? He is out the $4000.00 for the program and an additional $1500.00 from following the Wizetrade signals. Of course, YOUR mileage may vary.
You don’t need any fancy program with flashing lights or whistles and bells to tell you how to make money at this game. Take a step back and educate yourself. Start by making a few trips to your local library and reading as much as you can regarding the stock market and trading in general. Here are a few titles to get you started:
Reminiscences of a Stock Operator by Jesse Livermore
How to trade in stocks by Jesse Livermore
Market Wizards by Jack Schwager
Trade Your Way to Financial Freedom by Van K. Thar
pThe Stock Trader by Tony Oz
Trading for a Living by Alexander Elder
The Intelligent Investor by Benjamin Graham
Find a system, or set of rules, that works for your personality type and psychological profile, and STICK to them. Eliminate fear and greed as influences on your trading decisions. Study risk and money management, and apply the lessons learned daily to your trading.
Following the advice above won’t cost you anything but your time, and you will find yourself further ahead (and better educated) than those that spent the $4000.00 on a program that doesn’t live up to its promises.
I hope you find the above information useful.
Related Posts
Filed under: School Loan
Leave a Comment
XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
TrackBack URL | RSS feed for comments on this post.