This will probably be one of my favorite posts because I can "lay it all out on the table." There's several bloggers out there and former wizetrade users that post a bunch of negative crap about wizetrade and the wizetrade software. It really bothers me because the software really does work. The problem is... People get excited by the live instruction at the conventions and go home thinking the software is an ATM. The software and the company let everyone know explicitly that wizetrade (the company) are not brokers and do not offer advice.
The other problem with the people who aren't successful is that they try to rush through things as if they're a seasoned trader. Most of the time, people seem to be really bitter because they're in desperate need of money, and think wizetrade is the "over-night solution" to their problems. I didn't know anything about stock trading before I got wizetrade, but I followed the instructions and now I make a really good living, job-free. I imagine the people who complain are probably like that in all aspects of their lives. They're miserable beings that always find the negative in everything. They're the ones that see the glass half-empty in life. But anyways... enough about them.
So how exactly does the software work you might be thinking?
Wizetrade measures buying and selling pressure in the marketplace based on a patent-pending proprietary algorhythm. They provide training that shows their customers how to best use the charts to trade more effectively. They don't provide buy, sell, or hold recommendations.
Now that may sound like a bunch of "techy stuff," so I will break it down further.
Basically... The software shows and compares stock charts and gives you a green light to trade if the buying and selling pressure are good and a red light to keep the trade if the buying and selling pressure are out of wack.
Don't quote me on the specifics above exactly. It's the best way I can explain it through text. One thing very very important to note is that, wizetrade created the "red-light green-light" system. It gives the software all of its ease and user friendliness. The other important thing to note is that many knock-off companies have tried to steal wizetrade's patented system. All of them have failed and achieved horrible reviews.
The really cool thing I like about wizetrade is their tv program wizetrade tv. Wizetrade TV is a really cool and innovative online streaming channel that goes through live trades and picks of the day based on the wizetrade software. No other online trading platform in the world offers something like that. Plus they have interactive sessions where you can call in and ask for help or suggestions.
I'll leave off here for now and talk more about wizetradetv next time. Until then...I'll see you later.
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