Stocks to Trade.com Review: A Comprehensive Analysis of Features, Limitations, and Alternatives
As a trader, I recently signed up for the 7-day free trial of Stocks to Trade.com, an online stock alert service industry project co-founded by Timothy Sykes. While I was initially underwhelmed by the experience, I wanted to keep an open mind and gather more data before making a final judgment.
One of the limitations of the 7-day free trial is that it seems to be restricted in what it can do, and I was expecting more access for the price. The trial period doesn't provide full access to all the features, making it challenging to fully evaluate the system. For instance, I didn't get to experience the Oracle dashboard, which is a key feature of the system.
Stocks to Trade.com boasts powerful scans custom-built for penny stock traders, with thousands of complex search variables. While this sounds impressive, I found it overwhelming and annoying. The system also features a custom-built training algorithm that alerts users to buy or sell stocks at specific prices. However, I struggled to navigate the system, and the user interface could be more user-friendly.
If you're interested in day trading, I suggest considering the "Learn How to Win 90% of Your Trades in 90 Seconds" course from Theta Traders (data traders.com). I found this course to be easy to use and more relaxed compared to using Stocks to Trade.com. The course provides a more straightforward approach to day trading, which might appeal to beginners or those who prefer a simpler system.
TradeDonaldsonMethods (TDM) is another trading platform that offers various tools and resources for traders. The key feature of TDM is the Oracle alerts, which provide a daily pre-market strategy given by Timothy (Tim) Bowen. The platform offers research tools, including financial reports, fundamentals, and SEC filings, as well as integration with brokerages like Interactive Brokers, Robin Hood, and E-Trade. However, the user interface can be complex and confusing, and the tutorials provided by Tim Bowen are necessary to help users navigate the system.
One of the significant drawbacks of TDM is the high monthly subscription price of $180. While there is a 7-day free trial available, users may find it difficult to fully evaluate the system during this period. The Trustpilot reviews are mixed, with some users experiencing difficulty with customer support and feeling that the system is overpriced and doesn't deliver on its promises.
In conclusion, Stocks to Trade.com and TDM are complex systems that may not be suitable for all traders. While they offer unique features and tools, the user interface can be overwhelming, and the price may not be justified for all users. If you're interested in day trading, I recommend exploring alternative options like the "Learn How to Win 90% of Your Trades in 90 Seconds" course from Theta Traders. It's essential to weigh the pros and cons of each system before making a decision.
Some of the issues I encountered with Stocks to Trade.com and TDM include:
- Complex user interface
- Limited access during the free trial period
- High monthly subscription price
- Difficulty with customer support
- Overwhelming amount of data and features
Ultimately, it's crucial to evaluate each system based on your individual needs and trading style. While Stocks to Trade.com and TDM may offer valuable tools and features, they may not be the best fit for every trader.