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I gave this a trial and worked it hard for a while. This software is a slick interface added to something very similar to a moving average chart. If you buy into the 'red light / green light' thing you will likely lose your shirt. But the chart can make you money, just like moving average charts can make you money. Not every time without fail, but it can work. You have to think, do research, and, most importantly, paper trade a lot and find stocks that work. My problem (I gave one star) is that this product is way overpriced. You can get software that offers more tools (Wizetrade offers just one - you don't even get a price history chart!!!) for hundreds, not thousands. Maybe even free. Also, beware of the refund guarantee. Wizetrade claims money back, but they don't tell you they're planning to hold onto your $4000 for thirty days. I guess they are financial geniuses.... Very scummy practice, in my view. |
