Nizar A.’s Reviews of GorillaTrades & more

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GorillaTrades

Stock Research

“Horrible service with no rationale provided and their service sucks as well”

6/27/19

Their trade recommendations throughout this year have been a huge flop. They only provide bullish call spreads and recommend you invest 5k in each trade. So late last year when the correction happened i lost my shirt on their recommendations. The first problem is they don't have a stop loss system. You have to manage your entry and exit points. All they do is send you a e mail when its time to close the trade.
The success numbers they publish are not realistic at all. If you include the amount of times you would exit when your stop losses are hit those numbers would be put to shame. Basically they don't have an exit strategy at all -its a go figure out your own kind of thing.
Their customer service sucks as well-no phones just e mail. When i gave them a reality check they just stopped responding to my e mails (showing they don't care).
Last quarter of 2018 when the correction was happening they were still recommending bullish trades. They are simply losers and you don't want to pay somebody (even $499 for 2 years which is their lowest fee) to provide you with bunch of losers and no exit strategies in place.
Save your money please folks.

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Gorilla T. – GorillaTrades Rep Over a year old

Nizar,
As any good investor knows, losses will occur but the important thing is to keep them smaller than your gains, and we believe we have been successful at doing just that. Furthermore, there are countless positive reviews from subscribers all over the world that refute your claims, and we believe that our results speak for themselves. As of this writing, there have been a total of 29 options recommendations made so far in 2019, four of which are still open, while 22 have closed for profits, and only three have closed for losses; an 88% success rate on the closed transactions. The Gorilla’s options recommendations had an approximate 74% success rate in 2018, but this drop was due to an overall market correction, and was not exclusive to GorillaTrades’ recommendations. That said, the entire premise of GorillaTrades is the utilization of a stop loss. No stock is ever recommended without a stop loss level accompanying it, and this level is raised weekly as the stock appreciates in the portfolio. Unlike stock trades, the Gorilla does not recommend a stop loss with options because of the extreme volatility and lack of liquidity. This is exactly why the Gorilla reiterates that GorillaTrades’ options recommendations should only be used by our most aggressive subscribers. Lastly, when offered a full refund on your entire subscription cost earlier this year, you declined to accept, and decided to continue with the service. You then proceeded to request a refund with only months left on your two-year subscription, which is the equivalent of eating ¾ of a steak at a restaurant, and asking for a refund. Plain and simple, you are attempting to extort us by posting this false review, and we will not be cooperating. The Gorilla wishes you the best of luck in all of your future investments.