Gorilla Trades is our today's review. The organization claims to become a modern, proven stock venture. The platform state which they identify stocks that are highly profitable available in the market for their clients. They will tell you when to put and stop the trade.
Moreover, it does not matter what degree of experience you've as a trader. The firm has something in stock for everyone. The entity also claims they have established a method that will yield you high profits.
Who is the owner of Gorilla Trades?
In accordance with various sources, including newspaper articles and recorded infomercials, the owner of Gorilla Trades is a person named Ken Berman. Taking a review of Ken Berman, you will see he is bulging with muscles. He actually seems like a Gorilla (in an excellent way). For a person in his 40's or 50's, it would seem that Ken takes excellent care of his body. This is good as it signifies great personal dedication and devotion to a difficult regimen — also the necessary qualities to successful investing.
Ken Berman in addition has made some extraordinary claims. Some are perhaps questionable:
- Claims to function as former President of Investments at both Smith Barney and Payne Webber.
- Claims to possess managed $100 million dollars in client monies.
- Claims to possess turned $250k into $5.5 million dollars in mere 18 months.
Many of these claims must certanly be not too difficult to verify. However, I was unable to verify.
Do Gorilla Trades Work?
For me, you simply cannot form an opinion. The data and track record are simply just too confusing and incomplete.
For me personally, I do want to see clear buy and sell records with accompanied win/loss percentages. And most importantly, I do want to see the recorded drawdowns for the entire performance period. None of this exists. At the least I possibly could not find it.
Another question that I cannot appear to answer — what is the track record of ‘short trades '? Even a horse (or Gorilla) will make money in a bull market. But how about a bear market? The Gorilla Trades website mentions short trades, but no official track record can be found. We're designed to somehow dig these details out of a confusing and incomplete spreadsheet. Quite simply, you can't digest the presented information.
Overall, I don't believe that Ken is attempting to conceal or be disingenuous, but he could a much better job organizing and presenting the info within an easily digestible format.
Final Verdict
Gorilla Trades is a company that seems to promote itself in the proper manner. The positive reviews they have acquired might get you thinking that this is the better venture. However, there are multiple red flags that people could actually gather Click Here.
The subscription of this platform is too expensive. Navigating the internet site isn't very easy, and they take a quantity of money when you look for a refund. It will avail of a cell phone number, and it only communicates to investors via email.
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