InTheMoneyStocks

All of the latest reviews are true, Gareth is a total scam artist. I've been a subscriber for 3 years, we did ok the first 2 but not great after you count the cost of the service & the losers we just held forever. He uses your subscription money to fund horrifyingly bad trades & leaves them open indefinitely, only closing small winners & posting them everywhere making people believe that the service is profitable. We are stuck in over 50% of our portfolios trying to short since the beginning of the tech bull run. He will never admit he's wrong & cut losses because he doesn't have to, month after month he gets paid by subscribers which replenishes his accounts to drag more unsuspecting people in. The end goal is selling them on an expensive training program when his partner Nick is 1000x better teacher & trader than him for way less money, its a shame that Nick is retiring but you can be sure that he's leaving earlier than planned because of what Gareth is doing. DON'T FALL FOR IT!

All the bull runs were missed this year, including BTC. Massive unrealized losses. Gareth is a salesman first, remember that. He is an average/below average trader (one that never adheres to stop losses). What a frustrating and depressing year. Needless to say, I won't be renewing my subscription. Attached is a screenshot of one of Gareth's main positions he exited today at about a 40% loss and 10% of his portfolio. WINNING.

I invested 500 K with his fund in Feb 2023. His fund got shut down by regulator. I lost 170K. 33 percent of 500 K. I am still following him daily but if he is really doing swing trading or day trading how can your fund loose 170 K? I was even of 500 K until October but in last 2 months he lost 170 K even after knowing that he is fund won't be active in 2024. He must have kept taking shorts o whole market was going up. Not sure how many millions dollars of investors are gone. How can you stay happy on the daily YouTube videos even after loosing millions of dollars of investors in the fund which was solely managed by you Gareth. Over confidence and bad marketing tactics. He is busy selling his courses online while loosing people's hard earned money — 33 percent down in 2 months.

Worst trader i've ever followed. His trades make 10% of 1% of your portfolio. So if you have a 100k portfolio, you are making $100 on a successful trade! He missed all the bottoms in crypto and makes 10-20% and misses all the 400-600% runs. The only person who shorts a bear market! His course is 6k usd which was the biggest waste of money, when there are other ones out there for free or a fraction of the cost and more effective for trading. Worst mistake of my trading life was listening to his calls.

I have basically figured out why Gareth trades in a contrarian style way. Think about it for a one second, the trades tend to be drawn out a lot longer(because he is trading against the trend all the time) so people in his service have to wait around months and months for their trades to play out. In case, you haven't figured it out by now having the customers to have to stick around for much longer durations which equals big profits in the bank for him. This is his business model. Oh, and he never admits being wrong because that will damage his credibility. He has so many paid services that will be at risk.

I started with Gareth about a year ago. I had $******* in my investing account. I followed most of his trades and now my investing account is $*******. This is not swing trading. I've had to hold on to some investments for months. Oh, he blocked me on Twitter for calling him out. Do not pay for his services.

Just read all the reviews. 1 star - I have a similar experience. Lost a lot of money. For those who gave 5 stars, I would be interested to see a published track record showing profit.

I had been communicating with Gareth via Twitter when I reached out respectfully in frustration as the unrealized losses were mounting well beyond the realized gains and his reply speaks for itself, via the screenshot. Absolutely disgusting. Needless to say, I will never do business with someone who would treat a client like this.

Gareths advise is not realistic to follow in your own portfolio. When adding up all his advised current positions, specified in % of total portfolio, the sum at times is waaaaaay above 100%. The reason for this, is that when Gareth has a short position that is down, he keeps adding in hard when the stock pumps, even if the position is 30% or 40% down. That is when one has already allocated 100%+ of the total portfolio, so you are not able to keep up.

Regarding the "verified" return statistics, pay attention to that this shows only closed positions. It does not show you the many open positions that is way down which of some have been open for a very long time.It locks up large portions of your portfolio in bad positions.

Please for your own sake, if you are reading this just stay away... learn from the pain of other people.

** As you can see with the attached screenshots of the "Master Trader's" positions... the vast majority of them are MASSIVELY IN THE RED as of Feb 29,2024.

Firstly, all the 5 star reviews are fake (especially on TrustPilot). InTheMoneyStocks is clearly using a service because it's all the same vapid praise in quasi broken English. More importantly, no substance and no specifics on WINNING trades. Read all the 1 star reviews. They are specific on the massive LOSSES members are incurring.

Secondly, it is clear through his YouTube promo videos and censorship efforts (any negative comment is deleted), Gareth is hell bent on suckering in more subscribers because that is where his bread and butter lies. Don't fall for it, he is a salesman, not a trader.

What a DISASTER this year has been to member's portfolios. Not to mention, now since Gareth is deep in the red with the majority of the positions, he created a new 1 million dollar "transparent" portfolio that only has this year's positions. The irony is that most of these positions are now in the red too. AND, he is still short NVDA and told his members he is holding. The lack of money management is astounding. Yes, Gareth may be able to avoid margin calls because he likely has cash he can put into his account, but what about his average follower? TOO BAD.

In terms of the Live Day Trading room, the addition of Dr. B is valuable as he is a cogent professional that actually adheres to stop losses. However, that is all negated by Ben who is utterly useless (hasn't provided one real trade to date) and his "dad jokes" are extremely annoying.

Avoid this service at all costs. Gareth is a salesman, not a master trader. Think about it, he wouldn't be peddling his "education" courses so hard if he really was such a pro as he claims.

I won't be renewing my membership.

Inaccurate
Misses large moves up (btc from 15k to 30K, also 25k to 43K, shorting all the way). At the end, he will make a small profit on a little pull back (10% on 2% of your portfolio) and boast about how great these "wins" were.
He loses big trades, wins small ones, misses opportunities on large market moves.
Additionally, he will sometime not take his own advice. He watched one of his larger positions on Luna go to almost zero.
Unprofessional
His website is often down, videos are mislabeled, and on his live videos he gas lights members who are worried about the positions he told them to take that are losing money. When it is clear he has misread the market, he will avoid making videos for a few days.
I would not recommend. He does not make money. He boasts a big percentage of winners but his technique works on small winners and misses or loses money on bigger moves.He may have a big percentage of winners but will ultimately lose money on poor trades and position sizes.

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.

When the "alert" comes, you buy, then it goes down but may or may not return to the entry price. And if it does it will be weeks or months or never. I have watched him put on his chart and line show, but its just talk. No solid substance. I complained and was to to be patient, I am not going to live forever. So I can buy high dividend yield stocks and at least get 8 to 10 % with no doubt. To be honest its smoke and mirrors. When he makes a recommendation and it fails, he always blames someone or something else other than his "CHARTS"

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.

Where do I start? Anyone who is saying that they made money with Gareth is either a paid reviewer or they are lying clearly for other reasons. I started using his service last year, and it is the worst service you can find. This guy posts free YouTube videos to lure people to join his service. If anyone has any doubt, I am ready to provide proof that I am a member of both of the services. He has been shorting the market since the beginning of this year, and he even said that markets will not see an all-time high for 5 to 10 years. He buys overbought and oversold stocks and keeps adding to the positions without any stop-loss, to give you an example. Most of the portfolio is on the short side; for example, he is short on MSFT, CRM APPLE,SMH,GE, NVDA, and META, and the position size for these shorts is large as he has been adding to these positions. These are only a few stocks I just mentioned here. His associate, Ben, is even worse. When you ask about the stop-loss only answer, you will get that Gareth has been doing this for 20 years; he knows what he is doing. I never write reviews, but I am crying. How can this guy even be allowed to contribute his service? He is selling his trading course for $5,000. Who is this guy? He is shorting SOLANA, BTC, ETH, and AVAX since these cryptos have been around for a month and half, and these cryptos have doubled their price. Apart from his trade alerts, he is also seeing expensive courses. You don't believe me? Go to his website and check out the Real State Wealth System course by GREG. Until this time, Greg was selling his course individually for around 200 dollars. I do not know what happened, but he introduced Greg into his company, and he has jacked up the price of the course to $2450. There are more examples to share with you all. I am surprised at his stupidity to lie openly every day on this daily YouTube channel. Guys, please spread the word. Thanks

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.

Their webinars for example are nothing in reality to what is advertised that they will cover. You get in the Research Center and find out there are many trades that are losers, far more than 20%, more like about a coin toss. If you are a good trader you don't need somebody holding your hand telling you what to buy or sell. If you are inexperienced, this is not the place to learn.

I've been a member of the research center for some time now, and i'm cancelling my membership. First of all, let me say that anybody on this review site that is saying nay sayers are wrong and stupid for grammatical errors has a very poor justification and defense and is completely ignorant and oblivious to what most members are probably experiencing in the research center.

I have 4 positions, and all of them are down, and not just down, but down greatly to the point near stop out. The 2 positions I held before these were stopped out as well. Yeah, Gareth and Nick may hit a home-run every now and then, but the heavy losses far out way the winners. I'm talking about losses 20%+. DO NOT believe the reviews or the track record you see on their website because the reviews are filtered out to show only the positive ones, and their track records excludes probably 7 to 8 other current positions that have went far past there stop loss exits.

It's very dishonest, and not that accurate. Any position they choose in the research center that is on a straight down spiral you would have better luck just doing the opposite of what they do because most of them turn into heavy losses quick. In addition whenever they take a position, there is no video or reasoning as to why they take it.

If I were you I would save my money and invest in a swing trading course from trusted and credible traders.

I repeat InTheMoneyStocks is fraud. They have many open trades with losses that they keep open indefinitely and they do not tell people before buying subscription. You will find out after you buy subscription for their service and that is how they steal money from people.

Hello,

I joined the service in november 2015... 2 months later me account is down 20%.

Run as away if You can! Scam

Talking out of both sides of there month. They make money and you listen to nonsense, after the fact, want it both ways BS. DO NOT GO THERE