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Upside Trader

www.upsidetrader.com..
Category: Blogs
Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets. Joe was also the co-founder of a very successful fund that managed over $500 million in assets. Joe is currently the co-founder...
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Displaying 1-4 of 4 Total Reviews
Meh
Enjoyed my time on the site - subscribed multiple times but never really made money. I feel like Joe is a very honest guy and wants to help his followers. But I always did better on my own and I am a fairly new trader. I found his overall market calls much better than his stock picks. As I said, he seemed genuine and could work for some but he always picked stocks that I had never heard of.

Timeframes were up and down and I wouldn't know if we were in or out of a position.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Waste of money
Upside Trader charges you $100/month. You would think for $100/month, you'd get more ideas, more timely advice during the day, etc.

Joe hardly participates in the chat room. You are left with generally only reading about his trading ideas in the blog. And unfortunately, the past month, if you'd have followed his P&L trades, you'd be down over 7%.

I would expect more advice, especially about what coming down the economic pike, how that will affect trading, and should you trade that day or not.

For $100/month, you're better off putting that money into an investment account, and buy some good solid stocks instead. Far better value than Joe's fairly lame picks. Avoid.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Total Blowhard
I made a huge mistake and bought a 1 year subscription to Upside Trader. He is totally inconsistent, but worst of all he lies. He has a rule that says you don't execute a trade idea in the first 20 minutes of the day, yet on his P/L he somehow ignores that rule if it turns out to be a profitable trade, and magically he made money on it. Then, he ignores stop loss levels on his P/L and magically claims to stay long the stock as it turns around and moves back up. If you followed the level on his P/L you have lost money, but then he claims it as a winner on his P/L later on.

Then, there's the constant rightwingnut political bullshit that goes on in the trading room. It's like turning on Glenn Beck.

I should have burned my money instead of sending it this terrible website.

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2 of 2 people have found this review helpful.
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Trading room and subscrption blog
I Like Joe's willingness to consider a variety of ways to make money in the market. He trades everything from small biotechs to currency ETFs. My major criticism of the blog is that he provides charts, triggers and stops with very little commentary about his reasoning for focusing on his selections. In the room, he is cordial and friendly; but, he is not a consistent producer of tradeable ideas beyond what is contained in his blog. It is common for people to get stopped out of his ideas, while he uses his enormous capital to hang tough on losing positions. My other criticism is that he is too promotional on the twitter stream. People following the stream get the idea that he is wildly successful, when in effect he has some great days and trades puncuating a lot of mediocrity. Lastly, there is very little collaboration in his room. What's worse, there is unchecked meaningless chatter about sports and car buying.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
8 of 8 people have found this review helpful.
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Displaying 1-4 of 4 Total Reviews
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