GOTRADE BLACK: Investing $2 for US Stock Tips???
Channel: ZIGGING by Mark Sigg
Date: 02/06/2022

In this video, I'm reviewing Gotrade BLACK: Gotrade's newest premium feature that is designed to give you stock recommendations and better information on stocks for a low monthly fee of $2 per month. Is this upgrade worth your money?

First get $2 FREE when you sign-up with Gotrade via this link http://bit.ly/gotradegozigg you can also use my referral code 998839.

For a sUS tock trading app that I wasn't particularly excited about in the past, I'm surprised to be doing my 4th video of the Gotrade app! While this 4th video is no longer a detailed review of Gotrade and its features, what I'm sharing here takes the the basic version of the app and upgrades to a premium version: Gotrade BLACK. It's $2 premium fee seems like a no-brainer and is just a small investment. While this may seem menial to many, I wouldn't dismiss $2 outright as a minimal fee. It highly depends on the amount of money and stock positions that you're actually taking. In the same time, would it be really recommended for everyone? As for myself, I am a long term investor and I don't necessarily take quick trades as I position myself for the long game. 

Missed my previous detailed reviews of Gotrade? 
1. My 1st Review of the Gotrade App https://youtu.be/Jz3axwkEBiQ
2. A 2nd Look at Gotrade https://youtu.be/eFHaogkOhcE
3. Gotrade vs. Etoro: https://youtu.be/wg4rZZPasT8

As previously mentioned, the ONE thing that Gotrade is so much better in than Etoro would be its foreign currency exchange rate. Before anything, the point of view in this video will be limited to the features that Gotrade and EToro have made available in the Philippines as of November 2021. If you're watching this in another country, the roll-out of the features of both trading platforms as well as its tie-ups with your local banks may be highly different and thus making points in this video irrelevant. It is likely though that there are similarities or outright consistent implementations which I'd encourage you to compare and contrast. Specifically, I need to point out that earlier in 2021, EToro actually had an extensive array of deposit and withdrawal features that made its foreign currency exchange rate and overall convenience to its users more favorable. In recent months, EToro has scaled down its features and thus making this more favorable to Gotrade's new roll-out. Whether or not this features will chage remains to be seen.

Gotrade BLACK upgrades your experience through 4 primary features:

1. Candlestick Graphs

Previously, I criticized Gotrade for having a limited of its graphs. As the de facto standard candlestick graph is now available on Gotrade --- is it all that much better? Watch the rest of my video for mythoughts... But spoiler alert: I still like Etoro's graphs better!

2. Earnings per Share

Gotrade BLACK now features an earnings per share graph that enable users to track the performance of the company as a whol --- this is important when you're assessing the stock from a fundamental analysis level.

3. Risk Factor

While not available for ETF's and less popular stocks, the most popular US stocks now have a weighted percentage as to how much more risky or less risky is a particuar stock versus the general market as a whole.

4. What Experts Say

This is the most important upgrade to Gotrade! Now, popular stocks come with some reviews from Wall Street experts weighing in if a stock is a Buy, Hold, or Sell. Not all Wall Steet analysts will of course agree, thus stocks may often have a mixed recommendation. Gotrade BLACK gives you the percentage of how much a stock is weighed as Buy, Hold, or Sell. More importantly, select stocks now have a "Target Price" and the corresponding percentage that would help users, espcially beginners, go into a stock buy and take positions with more data.

Do you think Gotrade BLACK is worthwhile and is it looking like it will help you pick better stocks to add to your portfolio? Do you think you can also have better exits with Gotrade BLACK? 
 
Unsure about investing in the global markets, watch this: https://youtu.be/DZHZah8cgpY

#gotrade
#usstockmarket
#tradingapp

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