I wanted to advise that this flurry of recent 5 star reviews of In the Money Stocks is questionable. There are no performance or specific returns noted or verified. Rather, the true, measurable performance of In the Money Stocks over the last year has been nothing short of shockingly terrible. For example, Gareth started shorting NVDA early in 2023 at an average price of $377. Today the stock is close to $800 ( a greater than 100% loss). Many analysts say the stock is now worth circa $1,000 and he keeps the short open. He started shorting GE in 2023 at an average price of about $102. The stock is now at $153 (an approximately 50% loss). There are a ton of these HUGH lossers in his swing trade portfolio now (UBER, SMCI, JPM, COST, MSFT, META and many more) many with losses near or over 50%. He shorted the latest bull market — All the Way Up. My portfolio following him faithfully is down over 40% over the last 15 months. The stock market was up about 24% last year and is up greater than 5% this year to date. That is a difference in performance of about 70%!.

Unfortunately, he runs a very dangerous investing service. There are other write-ups on Sitejabber that make this clear. Suggest you read them.

My reason for writing now is it is apparent that Gareth is having his team write dubious reviews to try to hide or muddy the waters regarding his absolutely terrible performance. If you could look at his current trading portfolio (as a subscriber) that would be completely clear. (Note: he was also discussing providing a real time, transparent view of the In the Money Stocks portfolio a few weeks ago using Interactive Brokers. Not a word is being said about that lately — because the performance is so horrendous. Evidence of a lack of integrity and a con). The losers far outweigh the few winners and the losses are astronomical. The service should actually be shut down. Note: Gareth thinks NVDA for example will fall back from about $800 per share to $500 per share. I have researched this stock and can suggest yes it may fall back in 3-10 years — but not around the corner. May go over $1,000 before we see $500 again. Further, Gareth went long natural gas (UNG) at an average cost $18.06 — we are now about $15.21 (-16% down). The problem is that Gareth has no understanding of the natural gas market. There is a huge glut of supply and even through some producers are starting to cut back — that does not mean the price will go up anytime soon. May take multiple quarters to clear (i.e., this is not a few week or month Swing Trade). Further, if the economy goes into recession — the price could drop another 30% given the level of over supply. I have talked to several experts in the Natural Gas marketplace on this matter. The point is — his trading is not based on appropriate stock or market analysis. The service is fundamentally flawed.

If the company had integrity they wouldn't create these dubious write-ups and would simply apologize, close down, and return money back to their customers. Please avoid this service.

Highly Deceptive Service - "Don't fall into the Trap"
Hi. I have been a member of the ITMS (In the Money Stocks) for 3+ years and confirm the poor performance that many customers state here.

Strong recommendation ---> Stay away from In the Money Stocks.

ITMS is an alluring, beguiling, deceptive service because most of us want to Swing/Day trade, make money, and work from home (i.e., "the draw"). However, reality has been far, far different in terms of ITMS performance. You would be far better off buying ETFs and investing for the longer term. Here is why:

1. Gareth discusses how he wants to educate and help people (see his Twitter Tweet from 1/21/24 indicating how he wants to go "...above and beyond...to help positive people..."). Sounds great, doesn't it? However, reality is different.
2. He raised the price of ITMS by 20% in 2024 after incurring massive losses in most large positions throughout 2023 like Apple, Microsoft, SMH, QID and of course Nvidia.
3. He cut the value. There was a call every other Sunday night in 2023 to help people understand the market and answer customer questions. No more. Gareth now charges people $399 for these calls (i.e., for 12 calls and going much higher in price after February 2024).
4. Gareth, the self-proclaimed "Master Trader," keeps losing positions open way, way, way too long. If he cared one iota about his customers he would close or lighten up on massively losing positions quickly (e.g., GE, NVDA, CRM, SMH, APPL) and when breaking out against resistance. Classical technical analysis says to. BUT NO, not our Gareth! Why not? That would mar the record on his website. He prefers that investors (i.e., you and me) incur MASSIVE losses keeping positions buried as "long term" and open, rather than mitigate risk.
5. Gareth entraps people because initially 8 trades you have may be winners (you might even have a winning year) --> then come 2-3 DISASTERS sinking your acct.
6. The published performance record is distorted. In his 2023 performance record Garreth shows position sizings of 0.1% in GOTU, RCON, others to make these large losses look much smaller because of the ostensibly small position size. That is wrong. He/we had a position size of about 3% in GOTU and a larger position in RCON. He fudged the numbers. The performance records are not independently verified. He exploits the situation by slickly fudging the numbers (very subtle - but real/impactful).
7. Most of his swing trades are not well researched before he takes them. For example, he shorts stocks like GE when equity analysts talk about how undervalued GE is and the differentiated value of GE's aircraft engine business. He shorts the strongest stocks like NVDA even when earnings are accelerating and analysts indicate the stock is very cheap. He just looks at the charts, decides the chart is stretched, takes the trade -- resulting in huge losses due to the lack of real research.
8. The daily shows that Gareth runs can be deceptive. Yesterday (1/23/24) on, "Trading the Close," on YouTube -- he gushes how Netflix made a "beautiful" upward move after earnings (up 7%+). Yet, he has ALL OF US SHORTING NETFLIX! He shows no empathy or concern for customers watching the show. He talks in "detached" manner as the purported Master Trader and "guy in the know." In short, Gareth exhibits no sense of responsibility or empathy. This has occurred on multiple losing positions. Further, he never apologized to his customers or otherwise acknowledged for all of the horrible losing 2023 positions like GE, SMH, SOXS, QID, etc. Gareth's lack of empathy --> IS NOT representative of someone who has your best interest at heart. No. He epitomizes someone who only is looking to sell you expensive courses and other services -- with no concern about the damages he causes.

These are a few of many examples regarding Gareth Soloway. His service is unfortunately a deceptive con that draws in and ultimately entraps people who want to be financially independent -- ultimately costing investors their money.

I am writing this note in the sincere hope that other people will find/read it and escape the subtle deception that cost me several hundred thousand dollars (a good chunk of my retirement). Yes, you will see people write notes that Gareth is great and that the methodology "works." (IT DOESN'T compared to EFT investing). My observation is that these individuals have not been with him for multiple years, seen the many trades that have been large and gone way, way wrong -- pushing us deeply into the red -- and way, way behind the S&P500 index. In short, you could buy an ETF like SPY and dramatically outperform Gareth over the long-term and save yourself a ton of money, time -- and pain. I hope you can avoid this...not Master Trader but --> "Master BS" artist (and con man).

If you are thinking about signing up you are going to want to read this carefully. I like Gareth's free shows and he definitely knows how to read charts but that doesn't translate to making you a successful trader, even if you follow him. I feel the need to bring to light Garett's shortcomings as a trader to save you from losing money many of you cannot afford to lose. He is obviously not making the bulk of his money trading…he's making it off the memberships ($399/mth for more than 500 day traders=almost 200k/mth)plus the courses for $2100, $5,997, crypto and equities trading memberships,etc. Gareth can afford to take risks that you cannot because he has YOUR money to play with. You would be more successful buying top cryptos and holding through a cycle than you ever will be here. Gareth touts his 10%+ profits on his site but he doesn't tell you that it's usually 10% of only 1% of your portfolio. He only tells you that when you lose on a trade—pointing out that the loss is minimal since it's only a small % of your portfolio. True, but it's only a small win too as that works both ways. On the trades where he traps a larger % of your portfolio of like 5-10% for months on end, you are lucky to make 4-6% profit on them. Do the math! 10% profit on 1% of a 100k portfolio is $100! On a 10k portfolio it is only a $10 profit! So don't get excited about the way it's portrayed on his site. Here are actual open trades as of Nov 13,2023 that are tying up 54% of followers portfolios for months and are at substantial losses.
MSFT 6% of portfolio short at 314.73 avg since April 3, cost today $366.68
NVDA 12% short at $377.12 avg since March 22, cost today $486.20
WBA 6% long at 23.75 AVG since June 28, cost today $20.17
AAPL 7.6% short at 162.92 avg since Jan 27, cost today $184.80
SMH 5.2% short at 138.95 avg since Jan 23, cost today $156.32
QID 10% Long at $17.70 avg since Jan 17, cost today $12.65
GE 7.2% short at $98.16 avg since Jan 12, cost today $115.52
Total % WAY out of the money just on these=54% of your portfolio locked for months. So on a 100k portfolio that's $54k of it severely out of the money! On a 10k portfolio that's $5,400 of it way out of the money. As you can see, in many cases Gareth is actually better suited as a contrarian indicator with his short calls. On most of these calls above he is not only out of the money, but he caused any followers to entirely miss massive pumps to the upside. The numbers don't lie. My advice-watch his free shows to learn trend lines and valuable info but do not follow his trades. Even with all the volatility you would make more just holding quality equities and crypto, and it's less stressful. I sincerely hope this helps the masses see what's really going on with Gareth and In the money stocks so they don't get wrecked like I almost did before doing the math.

In the Money Stocks is a highly deceptive service in terms of how gains and losses are tracked. On the surface, the performance of their flagship service -- Verified Investing Alerts -- makes it appear that 70-80% of their trades are winners and that the returns each year are very high. However, the realities in terms of risk and performance are very different.

1. Gareth Soloway doesn't show the weightings of the trades (i.e., the actual amounts invested or % of total portfolio) in his performance statistics -- some of the winners have 1-2% of your portfolio in them only. The losers may have 10% of your portfolio in them. Let's take an example. You win 8 trades at 2% of your portfolio at 8% return (say $20,000 per position) and you have a winnings of $12,000. You then have 2 losing trades with 10% of your portfolio each at 20% loss and then you have a loss of $40,000 on the losing trades. Hence, your return is not up 24% on 10 trades (a great return!) which would seem to be the case (i.e., the non-weighted return shown on the site) -- if you just added up Gareth's winners and losses simplistically -- but in fact a loss of -$28,000 assuming you had a portfolio of $1 million and the trading amounts discussed above for this analysis or a - 2.8% return overall. Why doesn't Gareth show the weightings in his performance record? This is why. The performance would look likely much worse than he leads the public to believe.

In short, if the track record is so good -- Why doesn't he show the true weighted performance of a sample portfolio and compared to indexes like the S&P 500? [answer: because it is not so good].

2. In terms of stock picking prowess, while Gareth gets many trades right -- he has multiple disasters. This year (2023), he started shorting NVDA in January, MSFT, SMH, Apple, QID in early 2023 as well. These have turned out be huge disasters as of November of this year. However, a month or so ago, Gareth claimed our portfolio is up 15% for their year. That is mathematically possible but extremely deceptive -- as the calculation is based upon "Closed Trades Only". He didn't factor in the open positions like Apple, MSFT, others. If you include those, the portfolio maybe up a few percent for the year so far at best -- where the S&P and Nasdaq are up over 10%. In short, he significantly underperforms the market quantitatively -- while using marketing spin to deceive investors.

The live trading room is different but shows the same similarities in terms of deceptive practices. While there are lots of winning trades -- the few losers may be held as swing trades for long periods of time and get worse and worse. An example is UPST (Upstart). He bought that in the Summer at a cost basis of $37.10 (approximately). The day trade went bad. The price as of November 10,2023 is about $20.30 (a loss of 45%). Keep in mind that in Day Trades you can put up a lot of money to earn a small scalping fee. As illustration, let's say Gareth had $500,000 in the trade initially (a 6/6 position). The loss thus far is then $225,000. Gareth is up about $1 million on day trading this year. So if he loses $225,000, he still has a good return. However, this is not day trading -- where you close positions generally at the end of the day, and this is very high risk trading. For example, many I-banks think UPST is really worth $14.00 or less a share. In terms of individual investors using this service -- you would have to generally have $1 million+ in many of Gareth's day trades to get even close to the $1 million he shows this year (that can be illustrated with further examples). Do you really want to take that risk? Otherwise, your returns will be substantially less. And do you want to really take a chance on getting into a UPST trade? That stock did not have good fundamental value even when he first bought it. I mention UPST above. In the reviews of In the Money Stocks, there are clusters of these examples.

In sum, there is too much deception surrounding this services. Gareth appears to underperform the indices based upon a full analysis of his portfolio and investment weightings in the Verified Investing Alerts Services. His live trading service doesn't not explicitly show the amounts invested in the trades (e.g., > $1 million invested for a few hundred dollar return) and the potential horrid losses on the occasional disastrous trade. If In the Money stocks is doing much better than this -- then they show should show their full portfolio and investment levels in each position (or performance for that of an illustrative subscriber). Otherwise, this firm is using deceptive and apparently dangerous and risky trading practices. In short, you want to put your money with someone who is completely honest.

I participated in the ‚Live Day Trading Room‘ for a few weeks and found no significant reason to disagree with the five-star reviews. (The only caveat is that you have to have a zero commissions account; if you live on another continent and do your trading with a bank that charges 0.5% per trade, your winnings will be too meagre, percentage-wise, to be worth the risk.)

However, I very much regret following the stock tips given in the ‚Verified Investing Alerts‘ (Gareth's swing trading service, predominantly mid and large caps, few trades with small caps; I was a member for four months). Here, Gareth never cuts his losses quickly, but often doubles down on losing trades. He calls it ‚easing into a position‘, but averaging down is frowned upon by quite a few major traders (do an online search for ‚stocks average down disaster‘ and read the first few articles). This is not the strategy you run when you want to maximize overall net profits, this is the strategy you run when you want to minimize the percentage of losing trades (in line with that, he rarely runs his gains, but usually secures them when they're up about 10%). Big difference, as one sizable negative position nullifies several smaller winners. Gareth also minimizes losses by not closing losing positions for a very long time; at the time of writing, there are about twenty open positions from last year, the three oldest dating back to April (more than twelve months ago). This is definitely not swing trading anymore, but long term investing.

There's also the issue of misleading success statistics. For 2020, this service claims a ‚total gain‘ of 1,507.67%, making you think that one year of following these trade alerts would have made you a 15x return on your investments. Not so fast. First, all the open positions are not included. Second, the relative position sizes are completely disregarded. Third, the recommended position sizes are often very small, sometimes as little as 0.25% of your portfolio, but usually about 1%. A 10% gain on such a position sounds nice, but only increases your account by 0.1%, an almost negligible amount. A much more sincere way of doing this would be a model portfolio account of, say, $100K at the beginning of the year, and a definite dollar amount at the end of the year, something other traders/bloggers do.

If you're not an above intermediate level trader, I would still recommend subscribing for just one month, not for the stock tips, but for the daily videos, as you might learn a few things from his technical analysis and find out about some interesting ETFs. There are also several multi-hour courses on ITMS, but my experience with the ‚Apprentice Trading Library‘ video series was mediocre, and you only have access for 30 days.

I'm now definitely done with ITMS. I'm sorry this was a bit on the harsh side, but all these five-star reviews had to be balanced out a little.

Good

First, let me say this: Nick and Gareth are great, experienced traders. They might even be some of the best traders online. When I started with them, I didn't know much about the markets, reading charts, etc. They taught me a lot of what I know about trading.

HOWEVER, their claims of an 80-90 percent success rate are complete BS, as any professional trader will tell you. If you look at their track record, it does indeed add up to around 80-90 precent winners, but if you look closely you'll see many of the plays were "mentioned in video" or "posted on twitter", etc. These are not official alerts and Gareth posts many many trade ideas every day, but no mention is made of the ones that don't work out, nor are they ever recorded. Only official alerts that stop out are counted as "losers".

Even the winners are suspect as of late. Gareth's latest strategy is to set stops that are so ridiculously wide that he can't possibly get stopped out. On a recent trade that should have stopped out, he bought more instead (contrary to everything he teaches) - he is that loath to post a loser. Some of these trades last for months, despite his claim of being a short term trader, and then are sold on the first day the position goes green, well short of his stated targets. So you're faced with either taking a massive loss, or a position size so minuscule to counter the risk that the gain isn't even worth it. And it's all in an effort to keep this 80-90% success rate intact for marketing purposes.

In reality, their track record is probably closer to 55-65%, which isn't bad at all. Why they can't just be pleased with this and drop the act only Gareth can answer.

As for their "PPT Methodology" and its supposed 80-90% accuracy rate, this is more smoke and mirrors. It's basically just standard technical analysis with a slight twist... just as every trader adds their own flair to the standard chart reading methods. They tempt members to buy their webinars promising "secret proprietary strategies", but I'm certain they would have a lot of trouble proving the "proprietary" nature of this if they were ever challenged on it legally. Even their famous "time counts" - sorry Gareth, "wait a week" is not a secret or unique to ITMS. Nor are bottoming tails or breakout retraces a secret they discovered. This is standard technical analysis, most of which is available on youtube for free.

And if you ask how they know this stuff, Gareth will say "I backtested this over years and years", but don't expect to see any data or actual results because they don't exist. I'm positive if they were ever tasked with proving the 80-90 percent accuracy of their methods they would not be able to. Because there is literally no chart pattern that works 80% of the time, just as there is no pot of gold at the end of the rainbow.

What you'll find on ITMS is decent macro analysis of the markets, a whole lot of hype, and a culture of secrecy surrounding their methods. Most importantly, you'll find very little actual coaching on trading and money management, unless you want to pay their very expensive private consulting fees. Nick and Gareth are indeed in the business of selling secrets over coaching new traders, and that's a shame.

ITMS is great for traders who already know what they're doing and just want some extra analysis to aid them. But for new traders, it's only of limited value as the coaching on trading and money management is non-existent beyond scanning for simple chart setups.

If you're skeptical, take their free trial and follow the trades carefully. Don't listen to Gareth's hyping of winners because only very rarely will it be possible for you to get the same results in reality.

Also, be wary of positive reviews written here, facebook and elsewhere. Gareth often "bribes" members by offering freebies to those who post favorable reviews. In the past he's offered free services to those posting video reviews, or will give extra trade setups if enough people post on facebook. I think this is in an effort to drown out negative reviews.

In the end, Nick and Gareth are good traders and better marketers, but poor coaches/teachers and very disingenuous about what you can expect from their services. They definitely have a lot to offer but everything must be taken with a large grain of salt.

In my opinion, if they could drop this 80-90% bravado, and stop being so defensive and secretive, their service would be much improved.