Do not be scammed by gareth and the daily recap video
In the daily recap video:
1) gareth will brag about trades that he did not make in the chatroom!
2) gareth will not take responsibility for bad trades that he called out in the chatroom.
Do not be scammed by gareth and the daily recap video.
Not worth your time and money
I was with them for over 2 years, and was one of the first services I used when I was trying to learn this trade. Not knowing a whole lot at that time, I was immediately suckered into the "hype" of a "no-hype" pro trading service.
Looking back now, they have taught me many valuable lessons. That is, what a truly successful trader is NOT. I'm now able to distinguish snake oil salesmen quicker than than you can say "In The Money Stocks Dot Com".
In short, they make themselves look like a very legitimate service that is trying to teach a highly proprietary methodology known only to a select few. The reality is, it's just a very basic trading system put together with bits and pieces of very common technical trading ideas like moving averages, gap fills, Fibonacci retracements, pivot points, classical chart patterns (H&S, double bottoms etc..) and candle stick analysis. Of course, to give it their special touch, they throw in a very secret and proprietary "time count" system which is nothing more than an actual count of the number of bars you see. Voodoo trading? That's what you'll get here. All this for a cool 600 bucks to learn.
All right, my actual results with that. I tried both the professional chat room (200 bucks/mth) and their Research Centre (50/mth). Chat room was absolutely a joke, as most here already said. Gareth will take no responsibility for trades UNTIL they play out. Nick will make only 2 trading calls a MONTH. I did very poorly with them in terms of scalping. e..g making 35 cents on scalping a hundred dollar stock like GS... (it's a joke).
The swing trading aspect, Research Center, is half decent. 60^% of the trades actually do work well... but if you dig a little bit deeper, you'll notice very big flaws in their swing trades. Very wide stops, that absolutely do not seem to agree with that they preach during their trading Webinars. Why huge stops? Of course, keeps you in a bad trade longer in hopes that it'll turn out a winner.
In short, 20% actual technical analyais, 80% ego in there. Not worth your time and money...
lol totally correct, he gets excited about taking $1.50 move on aapl, mean while the stock just ran up 45 points. Garath is a pig with a big ego, bragging about his massive gains, not realizing 95% of the potential members have small accounts. His system is junk, t-3live is a much better service.
Replied
Stay away from this website
I agree with most of the people here. While I like Nick for being humble and honest, Nick is most times too careful and you don't get many trading ideas from him. Gareth Soloway, as one person describe here, is just like a used car salesman. On the nightly videos, you'll be primarily listening to Gareth tell you how many winning trades he did during the day...
Read full review of InTheMoneyStocks.com and 28 commentsThe site promotes &no hype& but he hypes more than any trader I have ever said
Educationally this site has some merits as Nick Santiago is a good teacher although he is not aggressive enough in trading so the site offers few swing trades. Gareth Soloway comes across as a used car salesman. The site promotes "no hype" but he hypes more than any trader I have ever said. Recently he posted the worse day trade of all time, ROSG, which stopped out so quickly it was embarrassing. He touts 8 or 9 winners out of 10 for swing trading but the site does not keep this in one place so one has to guess; my guess it is 6 out of 10 which a monkey can do as well.
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I agree. I've been paying for the crypto calls for the last few months and I could tell right away the calls were going to be good because he trades how the banks trade while retail loses all their money, nearly every time because they trade completely opposite. The banks and institutions either have people (and bots) out on message boards, youtube, google etc bad mouthing his service to keep retail from trading WITH them which takes away from the liquidity pool that they MUST have to fill orders worth tens if not hundreds of millions of dollars (building positions and distributing) or the people bad mouthing him are retail traders who are more like gamblers who probably put 10-30% of their entire portfolio into single trades then go haywire if they don't work out or they have to sit on the position for a while. Gareth knows that markets expand on all time frames so price will most likely retrace to fill his order at some point hence only using 2-6% of your portfolio per trade. I know for a fact that central bank traders and market makers buy below support and are still selling their position above resistance this is why Gareth has you build positions as well instead of triggering a stop loss if your long trade breaks support or vice versa for shorting the tops of moves. The entire system from global media to top ranked trading sites like investopedia to exchanges like Binance and their "Binance learn" program are designed to ensure that you trade the OPPOSITE of how the banks trade. This is why 90% of retail lose their money. Gareth understands this and it really shows with his patience in taking trades and non retail trading methodologies such as time counts. Anyway, don't listen to all these fake reviews guys. For 75$ (no contract, his signal group is month to month) you can sign up for one single month and see for yourself that the knowledge he teaches you in his videos are beyond worth it even if the signals did not exist! I put him up there with the greats like Steve (crypto crew university) and Benjamin Cowan (Into the cryptoverse). Cheers!
I could not DISAGREE with your post more. Clearly you do not have much knowledge on the subject, however, I do, and I can assure you that you are 100% lying in your review or lacking major knowledge on the subject. If you are referring to the member videos Gareth and Nick release for paying members, then it is even more clear that you are lying. In those videos they give out everything, and all details on every trade, from both services. I have been a member of both the intra day chat room and the research center, there is no grey area with Nick or gareth. These review sites are a breading ground for bashers, that is all, nothing useful can ever be found here.
exactly!