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Sam P.

Contributor Level

Total Points
85

1 Review by Sam

  • TradeStocksAmerica

8/12/13

I have to agree with a number of the other reviews here. Tradestocksamerica is not a very good site and the way it's advertised and promoted is borderline fraudulent in my opinion. They tell you about all the stocks to "watch" or "monitor" and what "you could have made" if you traded a particular stock. The problem of course is trading is in the present, not in the past. Telling you what you could have made in the past is bogus and just a marketing gimmick to suck in new subscribers.

The fellow who runs Tradestocksamerica Mitch King is akin to a carnival barker. Telling you what you could have made in the past but rarely telling you what to do in the present, other than generalities. When King is confronted about this he will always say "I am trying to teach people to fish for themselves" but again this is another generality.

Of late Tradestocksamerica has been touting a software they call Lightning which is really nothing to write home about other than it appeals to the oftentimes lazy daytrader looking for an "easy" way to make money.

Lastly, Mitch King appears to rely on a number of his subscribers to run the trading room and tell you what to "watch" or "monitor" A couple of these traders seem ok, but most of them engage in the same generalities that Mitch King does.

I would stay away from this site. On the surface it looks good but in my opinion it's a big facade with little substance.

Sam Has Earned 5 Votes

Sam P.'s review of TradeStocksAmerica earned 5 Very Helpful votes

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