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Wizetrade Reviews and Ratings

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Overall Rating   
Rated by 5 people


Manufacturer
GlobalTec Solutions LLP.


Product Description

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Wizetrade is a computer software program that is supposed to conduct real-time stock trend analysis. George Thompson is listed as the founder, president, and software architect. Training and instruction for Wize trade is accomplished through a variety of means, including seminars, DVDs, web broadcasts, and television. The Wizetrade software can cost upwards of $4,500. Check below for Wizetrade reviews.


Average Retail Value
$4495.00 (prices may vary)


Comparisons
4X Made Easy | Premiere Trade


Consumer Ratings

It might not be for everyone

9/16/2007 - Alton of Tennessee, USA writes:

I completed my 3 day training two weeks ago. One of the days was on Friday when the markets were open so the could use live data as they taught. Using the information that was taught that day, the trades were making money. Clearly, this is a tool that you must work hard with. It probably is not for everybody, but I do feel like that with enough practice and sticking to the rules that I will be able to make money using it. A problem that I feel like I will have is that I don't have much capital to start with. Therefore, I cannot afford expensive stock and much of it at a time. That makes it somewhat difficult to overcome the commissions before I make anything. That being said, I would also have to overcome the commissions if I were not using Wizetrade. As I use it now, I practice using only the funds that I could actually buy stocks with. My successful trades are at about 60%. They recommend waiting to trade live when you are at 80%. If I had an account of around $2000 or higher I'm sure my percentage would be higher as I could afford better performing stocks. I am a 100% disabled veteran and have been out of work since 1994. I felt like this would be something that I would be able to do at home that would allow me to work around my disabilities. I in no way have any affilliation with Globeltech or any other company. No one twisted my arm to buy the software or keep it. I think they were honest in telling me that with my funds it might take a while before I could make any money. I understand that I will have to work at it in order to be successful. I wasn't promised any pie in the sky that I was aware of. The training was very professional in my opinion and the trainers were extremely qualified. I have called them twice to get information and advice and received prompt answers. The software installed without incident and has worked flawlessly so far. I feel like I will be able to start trading in the next few weeks and and feel like I will perhaps make $40-60 a week to start out. That is based on the paper trading results that I'm already getting. I know that don't sound like much, but I don't have much to start with. A year from now, I feel like I will be able to do much better, provided that I learn the product and work hard at it. I compare this to another hobby of mine, treasure hunting. Those that learn their equipment, do good research, and don't expect more than is likely do quite well. Others that expect to knock a home run every time they go out are using out of the hobby in less than 6 months. Some that have posted negative results may actually be right about what happened with them. This line of work, or software might not be for everyone. My background was in computers and software and I know by the very nature of computers that as many as 40% using one can't make it work no matter how good the software is. I feel like if I fail in this it will be because I either did not work hard enough to learn or that I simply will not master the financial end of the stock markets. Folks that has been my experience in the short time I've dealt with this software and company. Your mileage may vary and probably will. I will say that both those with the pros and the cons probably had the same goal in mind when they tried this product that I had. That was to succeed in improving their future. I wish you well!


Review Quality: Helpful  (6 votes) | Unhelpful  (16 votes)


P.O.S DO NOT BUY!!

8/17/2007 - Grey of Florida, USA writes:

This is the biggest scam That anyone can fall for. Those that gave it 4 and 5 stars work for this company. I have tried many times to get this crap working and even called them to try different ways....Well I can tell you that it does NOT work at all!! I even try other ways that are on the Internet and it still did not work. PLEASE DO NOT WASTE YOUR MONEY!!!!


Review Quality: Helpful  (29 votes) | Unhelpful  (4 votes)


WIZETRADE

7/15/2007 - Graham of Florida, USA writes:

Overall, my experience with the WizeTrade sfotware has been very positive. I went to the free seminar/demo and ended up buying the software for nearly $4k end of December of 2002. By February 2003 after only a month of so of using the software I recooped my investment in profitable trades using the software. Since then I have used it and have had consistently successful trades. I spend a lot of time paper trading to keep me in tune and make sure I am following all the guildlines carefully. The only time I have lost on trades using the software have been when I forgot an eliment key to successful trades such as daily volume, etc. Otherwise I am very happy with my purchase.


Review Quality: Helpful  (10 votes) | Unhelpful  (59 votes)


It can work if you do it right!

6/27/2007 - Joy of Georgia, USA writes:

Wizetrade is a very helpful tool. It is expensive and you have to have a monthly online subscription to "Wizefeed" if you want to use it. However, I feel the cost is worth it. They have seminars you attend to learn to properly use the software. They also have a yearly "Wizefest" four day event in Dallas, Texas that you can attend for further education and to meet other users to learn what they are doing. We will be going to this event in September and are looking forward to it!


Review Quality: Helpful  (6 votes) | Unhelpful  (88 votes)


don't do it

12/28/2006 - Don of California, USA writes:

If you want to throw your money away, just donate to charity!!! You will just feel the burn after each trade you lose your money!!!


Review Quality: Helpful  (97 votes) | Unhelpful  (15 votes)