Spend only 3hrs a Week Trading Stocks? That’s what Stocks Alerter is promising. All of that sounds too good to be true if you ask me. In this Stocks Alerter review, we will dive in to see if it’s worth opening up your pocketbook for.
What Is Stocks Alerter?
Stocks Alerter is a subscription service app that gives people like you and me signals. More specifically, signals when to buy and signals when to sell as stock. Further to that, they give you a stop loss signal as well if the price is dropping significantly.
As we all know, it’s impossible to predict the price of a stock. But atleast,Stocks Alerter trys. Typically, signals take about 6-8 weeks to hit their profit targets, sometimes more, sometimes less.
A Stocks Alerter Review of Subscription Costs
Depending on your needs, the app gives you multiple subscription options. If you do choose to subscribe for either the monthly or yearly subscription, you get access to unlimited alerts and stock analysis searches for free. Regardless, to get access to information signals in the app, a subscription is REQUIRED.
Let’s dive into the various prices of the different alerts available to you.
Swing Signal Alerts
As their name suggests, swing signals are quick in and out buy and sell signals.
Unlimited monthly: $199.99/month
10 signals/month: $169.99/month
5 signals/month: $139.99/month
Unlimited yearly: $899.99/year
How Much Does Stock Alerter Cost?
A subscription to Stocks Analysis enables you to analyze over 25,000 stocks and get ratings based on technical analysis indicators.
If this is something that interests you, the prices are below:
Unlimited searches: $149.99/month
25 searches/month: $24.99/month
10 searches/month: $12.99/month
Stocks Alerter Review of Custom Alerts
If you’re anything like me, you like to play with different ways to identify buy and sell signals. To that end, Stocks Alerter allow you to make your own list of stocks and get alerts based on the custom indicators you create. A classic example would be an alert when a stock is above or below a moving average, a RSI value or a certain price. Below you’ll see a list of prices.
Unlimited alerts: $12.99/month
10 alerts/month: $7.99/month
5 alerts/month: $3.99/month
Stocks Alerter review of their custom alerts finds they also allow you to make your list of stocks and run them through their algorithms to generate signals. The breakdown for this customized service is below:
Unlimited yearly: $899.99/year
5 custom signals/month: $129.99/month
19 custom signals/month: $149.99/month
Unlimited monthly: $199.99/month
Long Term Signals
Day and swing trading aside, we should all be investing for the long term to build wealth. Stocks Alerter can help you manage your portfolio by sending you buy and hold signals for the long term. When we say long term, In the case of, which is over six months.
3 month subscription: $499.99
1 year subscription: $899.99
Stocks Alerter Review of How to Pay
For starters, you’ll need an iTunes account and set up your payment preference. Once you decide which service you want, the cost is charged to your credit card. Just make sure that if you’re not happy, cancel at least 24 hours before the end of the subscription period. Otherwise, your subscription will be automatically renewed. And if you have any unused portion of the free trial, it will be forfeited when the user purchases a subscription.
Subscriptions can be managed and auto-renewal turned off in Account Settings in iTunes after purchase. Keep in mind that once you buy, refunds will not be provided for any unused portion of the term.
- Navigating through their app is easy breezy
- Their mobile version works very well for me and has a fluid feel.
- 7-day free trial
- Not suitable for (options or shorting). However, trading options is possible if you’re buying them with longer expiration dates.
- No past results for Long Term Signals
- Lack of payment options. It’s tough to come up with $130 a month when trading a smaller account.
Claims of Low Returns
When doing research for this Stocks Alerter review, I learned a few things. For starters, their swing profit range for 70-80% of their signals is an average of ONLY 2.10%. Second, they claim only a 60% accuracy; that’s a hard pillow to swallow considering the price.
To a large extent, 1/3 of the signals it sends you might not realize. And if you do, it would be several months later. In that scenario, you’d be foregoing investing returns from another stock or appreciating asset you could have invested in during your time waiting. To put the cherry on top of the cake, it won’t alert you of top trending stocks.
Stocks Alerter Review of Late Signals
When they send you an alert, the stock price has usually crossed their “buy below” price. In this scenario, Stocks Alerter will then update their signal saying – if you didn’t buy, don’t buy now to chase. Naturally, one won’t because your alert signal came in late.
To a large extent, they say a signal takes 4-6 weeks to reach its sell target. To say this a little simpler, if you put in $1000 for a trade, you need to wait 4-6 weeks to make $20 on that $1000? And please don’t forget, that’s only with 60% accuracy. Subscribing to the $200 per month option for making a 2% profit in 4-6 weeks with 60% accuracy doesn’t seem quite right. Personally, I’d rather put my money on a blackjack table.
Lack of Visibility on Past Results
It’s concerning that they charge $900 but limit us to what we can see for past results. Quite frankly, a service as expensive as this should have ALL past signals 100% viewable. It doesn’t make any sense that closed signals are not able to be viewed and verified. Personally, I would find it hard to justify spending a dime on the product that hides results, let alone $900. Along the same token, I would also like to see past results for the Long Term Signals.
Let’s be realistic; there are plenty of stock market apps one could choose to use for investments. As you can see in this Stocks Alerter review, the jury is still out. Please use common sense and do the math before subscribing. It simply doesn’t make sense to shell out all that money when you can simply try the free trial.
However, if you’re just getting started and have no clue what you need to be doing, Bullish Bears is just the right place to start. We are one of the most affordable communities out there and offer thousands worth of free courses to launch your career. Above all, you learn by accessing any of our 3 trade rooms and watch our live daily streams with mentoring and real-time charting, which means you’re never alone.