TradeStops is a game-changing suite of investment tools that could take your portfolio to another level. We’re giving this TradeSmith service a full inspection in our TradeStops review, so keep reading to find out if it can really help you master the market.
What Is TradeStops?
TradeStops is a portfolio management platform with an arsenal of cutting-edge research tools and analysis resources.
The browser-based platform features a suite of powerful trading tools that can help investors make better decisions and improve trade outcomes.
Members can access a wide array of powerful portfolio management tools through TradeStops, including an intuitive alerts system, portfolio rebalancing tools, basic risk management metrics, and much more.
Users can automatically sync their brokerage account to the TradeStops platform seamlessly and securely to track portfolio performance.
It’s a complete portfolio management solution that gives you all the research tools you need to confidently take on the stock market at an affordable price.
We’re going to take a deep dive into everything this platform has to offer in our TradeStops review.
But first, who is behind this cutting-edge service?
TradeSmith is the company behind the TradeStops trading platform and several other services.
The Baltimore, Maryland-based company began as a simple way to track investment portfolios with trailing stops, but it has since grown to incorporate a wide range of key features like risk management tools, portfolio analysis tools and more.
Its tools can help investors sharpen their wealth creation skills, optimize their investment strategy, and get the most out of the market.
TradeSmith products include:
- Ideas by TradeSmith
- Crypto by TradeSmith
- TradeSmith CoPilot
- TradeSmith Decoder
Each service focuses on different aspects of the stock market, but they all offer high-quality research tools and analysis at an affordable price.
There are plenty of TradeSmith reviews online that give high praise to this company.
Who Owns TradeSmith?
Richard Smith is the founder of TradeSmith, but he sold the company to an undisclosed financial publisher for an unknown amount.
TradeStops Works Like a “Retirement Calculator”
The latest presentation for the TradeStops platform focuses on one of the platform’s abilities to function as a sort of “Retirement Calculator.”
Most basic retirement calculators you find with free portfolio tracking programs only tell you how much money you need to retire and whether your portfolio is on track.
However, TradeStops offers significantly more functionality.
TradeStops’ “Retirement Calculator” uses back-tested data to analyze the risk in each of your positions and suggest changes that could help you build and improve a diverse portfolio of winning stocks.
Many Wall Street firms are using similar stock finder technology to pick stocks, and the approach has been effective in the past.
Simply input a ticker symbol, and the calculator tells you its outlook for the stock based on historical trends.
TradeSmith TradeStops Reviews: Case Study
Here’s an example of how TradeStops’ “retirement calculator” backtesting can improve your investment outcomes.
This example was featured in a recent TradeStops presentation.
In this case, the investor bought shares of Hecla Mining (HL) shortly before the stock crashed.
After years of steady declines, he finally gave up and sold out after his investment lost 63%.
Unfortunately, his timing couldn’t have been worse.
Shortly after selling, shares rebounded, and this trader missed out.
If he used TradeStops, his results could’ve been much different.
TradeStops could’ve guided him to substantial gains.
This is a particularly strong demonstration of TradeStops’ capabilities as a retirement calculator.
It can potentially lead you to the ideal entry and exit points for each position.
The #1 Mistake Investors Make
The importance of trade timing can’t be overstated.
The number one mistake most investors make is to mistime your entries and exits.
As you can see from the example above, properly timing your trade can make a huge difference in the outcome of your trades.
This aspect of proper trade strategy can be one of the most difficult to master, but TradeStops can help you hone this elusive skill.
The tool automatically tracks equities and notifies you when it detects a potential entry or exit signal for a particular stock, so you’ll learn more about proper trade timing every time you use it.
TradeStops offers an excellent suite of tools that can benefit practically every type of trader, including an integrated stock finder.
However, this is just a small dose of TradeStops’ full functionality.
Here’s a full breakdown of everything you get with the service.
TradeStops Best Features
- Proprietary Risk-based Ratings for 51,000 stocks
- Health status reports
- Brokerage and newsletter integration
- Customized automatic alerts
- Position size calculator
- Video tutorials and concierge program
- Access to special research reports
- U.S.-based customer support
- Asset allocation
- 60-Day money-back guarantee
Risk-Based VQ Ratings
TradeStops utilizes numerous technical indicators, but its proprietary rating system for measuring risk and market volatility is the foundational cornerstone for all other tools it has to offer.
What Is a Stock’s VQ?
TradeSmith succinctly states that the “Volatility Quotient (VQ/Risk) indicates how volatile an investment is based on at least one year’s historic price action.”
It’s proven to be a highly effective technical analysis metric since its inception, which is why TradeStops integrates a VQ calculator within its platform in the form of VQ ratings.
TradeStops offers a Volatility Quotient rating on 51,000 stocks.
That’s a massive pool of stocks considering the NYSE and Nasdaq exchanges only have 6,000 companies between them.
Portfolio VQ ratings are even available for alternative assets like mutual funds and penny stocks.
TradeStops’ VQ ratings have become a major draw for TradeStops since its inception, and it’s an excellent tool for anyone looking to actively manage one or more portfolios.
While some of TradeStops competitors may have similar features, none really come close to offering the same volume of stocks.
Each VQ rating is updated automatically every single weekend.
The essential analytics ratings change based on the latest market data for each stock, taking into account recent headlines, price movements, and other potential indicators of high volatility.
The Volatility Quotient is simple and straightforward.
It can help you vet your stock ideas more efficiently and give you a full understanding of the potential market volatility risks before you enter any buy and sell orders.
Health Status Indicators
As we’ve seen countless times in the past, all that glitters isn’t gold, and the market is no exception to this sage investment advice.
A company’s current price doesn’t reflect the underlying value of its business.
In many cases, it’s the underlying value of the company’s business that matters.
TradeStops’ health status indicators analyze stocks from top to bottom, taking into account all the variables to determine whether the stock is a buy or sell.
The ratings allow users to sort stocks according to their risk tolerance.
You can quickly see which stocks are low risk, medium risk, and higher risk based on the stock state indicator.
Yes, it’s really that simple.
The tool uses proprietary algorithms to determine the rating for each stock, and simply rates it as a ‘buy’ or “sell”.
You can quickly determine each ticker’s status with the Health Status Indicator.
If the stock is a buy, the Health Status indicator will show green.
Conversely, sell-rated stocks show as red.
TradeStops’ health status indicators can lead you to dozens of potentially profitable stocks over your subscription.
It’s a valuable addition to TradeStops’ core tracking features.
TradeStops makes it easy to manage your portfolio directly through the platform.
The software directly integrates with most brokerage accounts.
Once you connect your portfolio with TradeStops, you can take advantage of even more valuable tools, including the Position Size Calculator, Asset Allocation tool, Risk Rebalancer tool, and more.
Broker integration makes TradeStops a full-featured trading machine with all the functionality you need for more intuitive trading and portfolio management.
These tools represent many of TradeStops’ core-tracking features, so you should take advantage of broker integration to get the most out of the platform.
However, you can also use a manually imported data set to sync your portfolio if you’re not comfortable with directly integrating it.
If you’re a member of a research service, odds are you can easily integrate the service with your TradeStops account using the platform’s groundbreaking newsletter integration feature.
All you have to do is select the newsletter integration option from the TradeStops menu and select “access my newsletters.” From there, you simply log in just like you would through the login page on your research provider’s website.
Once you’ve successfully linked your account, you can monitor the latest research from your newsletter service directly through TradeStops.
You can even access the latest model portfolio, newsletter issues, and more.
If you have multiple newsletter subscriptions, this feature is a godsend.
It organizes all the spread-out research into one centralized location for easier access and more streamlined insights.
When combined with broker integration, newsletter integration makes TradeStops your one-stop solution for all your research needs.
TradeStops’ advanced alerts make it easy to build a custom alert program based on extremely specific criteria of your choice.
You can set alerts to notify you whenever it’s time to exit or enter a position based on a wide variety of technical and fundamental analysis metrics.
Alerts can also trigger based on price targets and other stock-tracking criteria, so you will always be notified when something needs your attention.
You can even use it to notify you of potential entry signals, so you never miss an emerging opportunity.
TradeStops’ premium alerts keep you informed so you can go about your day without worrying about the market.
Position Size Calculator
We briefly touched on this feature before, but it deserves a more extensive review.
The Position Size Calculator automatically calculates a percentage value showing how much you should allocate towards a stock based on equal risk against the other stocks in your portfolio.
The calculator uses TradeStops’ VQ ratings to determine asset allocation suggestions that will allow you to take equal risk in a new position when compared with other positions in that same portfolio.
You can also use the calculator to determine the ideal asset allocation for a new position based on multiple portfolios, so the potential benefits could be enormous.
Long-term investors will especially appreciate this TradeStops feature.
Over time, this strategic asset allocation tool could make a huge difference.
Video Tutorials and Concierge Program
TradeSmith provides everything you need to succeed with its software, including detailed video tutorials and access to TradeStops experts.
When you join, you get access to a complete collection of video walkthroughs explaining every aspect of the TradeStops platform, so you can get acclimated and start investing quickly.
If you need additional assistance, you can also schedule a one-hour training call with a TradeStops specialist who can show you how to best utilize the platform.
TradeStops is an advanced platform loaded with sophisticated tools, so the TradeSmith team will spend as long as you need to set you up for success.
Special Research Reports
TradeStops also gives members access to exclusive bonus reports.
These reports focus on different market sectors, emerging growth trends, and other specialized investing-related subject matter.
The current deal includes instant access to five special research reports, including:
- Biotech Revolution: 3 Biotech Stocks for the Post-Covid World
- Next Generation FAANGs: 4 Tech Stocks Getting the Green Light in 2021
- And more!
These reports are an excellent addition to the package for both long-term investors and medium-term investors.
But that’s not all.
TradeSmith releases new research reports like this regularly, and you could get access to additional reports over your subscription period.
Asset Allocation Tools
Most portfolio trackers include some sort of asset allocation tools, but what sets TradeStops apart from the pack is its intuitive visual aids.
This handy chart shows you at a glance where your investments are, and they are divided by industry and sector.
You can simply hover your cursor over each section to see what stocks you have invested in that area.
Even better, you can use it to track multiple portfolios.
U.S.-Based Customer Support
As we mentioned in the tutorials section, TradeStops’ support is top-notch.
If you ever have an issue, you can quickly get in touch with the TradeSmith team of dedicated U.S.-based support representatives.
The customer success team is available via both email and phone.
Email requests can take up to two business days to process, but you can usually get someone on the phone much more quickly.
TradeSmith offers an exhaustive satisfaction guarantee on every subscription.
You have 60 days to try the service, and you can receive a refund for any reason if you request it within that time.
Plus, you get to keep the bonus reports as a thanks for trying out the service.
TradeSmith’s guarantee is virtually airtight.
Check out the above screenshot of the actual refund policy to see for yourself.
You can’t ask for much more than a money-back guarantee.
TradeStops Track Record
TradeStops’ tools have produced some pretty exemplary results in the past.
Here are a few examples of the most notable wins:
TradeStops predicted a big move in TSLA stock before it broke out.
The system also identified a potential opportunity in Chinese EV-maker NIO, and the stock skyrocketed shortly after.
TradeStops Pros and Cons
We found a lot to like about the service, but TradeStops could improve in some areas.
- Position Size Calculator and Health/Risk indicators use proprietary algorithms
- Exclusive Volatility Quotient ratings on tens of thousands of stocks
- Integrates with most major brokers and research services
- Stock Health Indicators provide cut-and-dry ratings on each stock
- Great for multi-portfolio investors
- Top-of-the line portfolio tracking tools
- Customized automatic alerts available for countless triggers
- Complete video tutorial library
- Access to one-on-one training sessions with specialists
- Tools help you maximize potential gains
- Includes five bonus research reports
- Affordably priced under the latest deal
- U.S.-based customer support
- All-in-one portfolio management solution — especially if you combine TradeStops and Ideas by TradeSmith
- No options coverage
- No community chat or forum
- No custom charts
Is TradeStops Right for Me?
TradeStops has a lot to offer, but we think it’s a particularly good match for the following types of people:
With proprietary ratings on 51,000 stocks, TradeStops is an excellent resource for active traders.
Its quick-and-simple Health Indicators and other tools instantly provide deep insights into potential trades.
If you subscribe to one or multiple research newsletters, TradeStops can help you organize your research into one centralized location.
When combined with broker integration, you have a complete one-stop trading solution with access to research, analysis, stock-tracking tools, and more.
TradeStops has a wide selection of technical indicators built into its platform: it even has its own in-house technical metric, VQ.
It’s a goldmine of insights for anyone who prefers to take a technical approach to the market.
TradeStops offered a few TradeStops reviews from members during its latest presentation.
Here is what members are saying about the service:
And here are a few more:
How Much Does TradeStops Cost?
A one-year subscription to TradeStops Plus typically costs $588 per year.
That’s not cheap, but it’s not surprising given what the service can offer.
However, you can pay significantly less if you take advantage of this special discount we’ve secured for our readers.
Under this deal, you can sign up for an entire year of TradeStops Plus for just $79.
This service tier includes all of the features we’ve discussed in this TradeStops review.
Plus, you still get the 60-day guarantee.
You can also sign up for a basic plan for just $49, but the features are significantly limited compared to the Plus plan.
TradeStops Basic only includes text & email alerts and the TradeStops 60-day money-back guarantee.
TradeStops Lifetime Membership Cost
TradeStops does provide a lifetime membership, but its cost is not included within its site’s pricing model.
From our research, it appears that a lifetime membership costs close to $5,000.
Is TradeStops Worth the Money?
TradeStops is an excellent bargain under this special discount.
You can get access to everything the service has to offer for an average cost of less than $7 per month.
You also get the five bonus research reports covering top biotech stocks and tech stocks, and they’re yours to keep even if you return the product.
The analysis tools make TradeStops an excellent value on their own, but when you consider the other features, it becomes a true bargain.
Considering this service typically goes for more than $500, we think TradeStops is well worth it at just $79 for the year.
TradeStops: Final Verdict
TradeStops can significantly organize and improve your overall trading experience thanks to its broker integration and customized alerts tools.
Plus, its proprietary analysis tools could lead you to game-changing insights and drastically improve your trading outcomes.
The current deal also represents a tremendous value over the service’s typical price, and your purchase is still covered with a 60-day money-back guarantee.
If you decide it’s not worth it, you still get to use the software for a full two months and keep the five bonus research reports for free.
TradeStops gives you all the tools you need for market success.
The Stock Health Indicators and Position Size calculator tool can quickly tell you if a trade is worth your time, saving you countless hours of otherwise wasted research.
After a thorough TradeStops review, we give this service excellent marks.
It’s a worthwhile option for anyone in search of an all-in-one portfolio management and research solution, and it’s one heck of a value.