Rating
4.1

Introduction

Gorilla Trades is a proven, market-tested approach to choosing stocks, for today’s modern investor. Gorilla Trades takes the guesswork out of investing by not only identifying the stocks with explosive potential, but also by instructing you exactly where to set stop loss levels, and when to harvest profits.


Are you looking for a good stock picking service that will give you a competitive edge in your stock market trades? In the market, many services have cropped up in recent years, all of them claiming to be the best.

The problem is…with too many options available, it can be pretty difficult to narrow down your options.
This article shall focus on the Gorilla Trades service, which we consider to be a top stock-picking program.

Our detailed review of the service aims to help you decide whether it is right for you or not. Here we go!

About Gorilla Trades

This is a stock picking service that relies on a moderately aggressive strategy to pick out profitable trades. A major highlight of this program is that it issues several entry points and stop loss levels for every pick that it issues. 

Further, as a subscriber, you will get full access to the entire history of the trades made on the platform.

This way, you can make an independent evaluation of how different stock picks have performed over the years.

However, we found that the research the service presents to its users is somewhat limited. Therefore, it would be wise to conduct your research on the side rather than rely fully on what the program gives you.

Who is Behind the service?

Ken Berman is the founder of Gorilla Trades. He’s a graduate of the University of Michigan. 

He developed an interest in the stock market while still a teen and started by taking charge of his dad’s investment accounts. 

From there, he moved on to trading in biotech stocks, where he experienced tremendous success.

He also worked as the Vice President of Investments at two major investment brokers, i.e., Paine Webber and Smith Barney. Here, he had over $100 million under management. Later on, he decided to trade independently and claimed to have turned an investment of $250,000 into $5.5 million in under five months.

It was this success that gave Berman concluded he had a system that yielded profitable returns. In 1999, he founded Gorilla Trades, which is a service dedicated to sharing his trading strategy.

You may also find some of his articles on Forbes, where he is a regular contributor.

Key Features of The Service

What do I get when I subscribe to this service? This is the question that must be lingering in your mind. Well, there are different services and features that this program has to offer.

Let’s look at them individually below.

I) Daily Stock Picks

This feature is the backbone of the entire service, whereby Gorilla advises you what and when to buy and sell. Here, the service will offer you daily stock picks, and each one of them comes with detailed instructions on how to open and manage the trade.

Each recommendation will point out the exact buy and sell points, which will come as targets and stop losses. In addition to that, you will also get a chart that maps out the stock’s recent activity to help you summarize its performance.

II) Market Alert Text Messages

The next highlight of this service is that it gives you the option of receiving your stock alerts via text messages. Even better is that you do not have to pay anything extra to enjoy this service. This is significant in helping you to act on the recommendation in good time.

So, anytime a stock is triggered, and becomes parts of the portfolio, gets to the target price, or stops out, you will receive a text message on your phone.

III) Options Picks

In Gorilla Trades, this weekly option pick is often referred to as the Option Idea of the Week. Here, you will receive the exact parameters that you need to enter the trade as per the recommendation. 

Some of these parameters include the recommended number of options contracts, the ideal price to buy and close out each call, among others.

On top of the picks, the program also features a bonus options service that is easy to use for beginners and sophisticated enough to appeal to the established traders.

IV) Members Only Website

Another important aspect to talk about is the Gorilla Trades website for members, which offers you complete access to Berman’s trading ideas and materials. 

When we say materials, we are talking about stuff like educational content, video and PDF tutorials on using the system, and all the portfolio stocks.

This service is not restricted to the paid subscribers, and you could get full access when you sign up for the 30-day free trial.

V) Gorilla Picklets and Special Situation Picks and Short Picks

We shall also look at this system’s bonus feature, which refers to small-cap stock picks that follow the same criteria as Gorilla’s main picks. However, the distinction comes in where these stocks trade at lower share prices.

The other bonus comes from the Gorilla Shorts, which the service issues when the perfect market conditions come in or the system detects a stock with technical issues or weakness. You will notice that these picks are more likely to record a drop in share price than shorting them.

VI) Nightly Newsletters and Market Updates

As an investor, it is always important that you know and is in touch with every market occurrence. So, every night after the markets have closed, Berman prepares and sends out a detailed report on every relevant happening in the market.

This analysis is delivered as an email.

Besides that, you will also get a midday market update every working day to keep you informed on the most recent events that impact the stock market up to that particular point.

Both of the emails we have talked about above come with Berman’s easy-to-understand commentary to ensure that you grasp everything effortlessly.

VII) Mobile App

Nobody likes being restricted to the front of their computer the entire day, and the developer understands this. This explains why Gorilla Trades has introduced the iPhone and Android app to ensure you can access the website while outside.

Of importance is that the subscribers get this service free of charge.

VIII) Annotated Charts

These are non-interactive charts that show the entry and exit points for stocks with them. The major difference between these charts and those of similar platforms is that they are limited to a few stock picks.

 You can access these charts from the current portfolio, although you also have the option of searching individual stock tickers. 

IX) Gorilla Trades Customer Support

Customer support is an important aspect of any trading system. If you ever need assistance with Gorilla Trades, whether on membership or technical issues, you can reach out to the support team via email or live chat.

Note that you can get the assistance you are looking for whether the markets are open or not.

Pricing

An impressive aspect of Gorilla Trades is that it offers you a 30-day trial period to try out its features. This should give you a hint of how confident Berman is with his service. Once this period lapses, you could choose to subscribe to the service or opt-out.

If you are impressed with the program, you have to price options to go for. The first one is the annual subscription that goes for $499.95. Next is the bi-annual plan that costs $795. If you do your math well, you will notice that the latter represents roughly 20% saving.

There is also a cancellation policy that permits you to cancel your subscription within your first 30 days of financial commitment. You will then get a refund minus $69.95. As for the 2-year plan, you can cancel within the first full year, and your refund will be less 10% of the amount you paid.

Who is this Service for?

In general, Gorilla Trades is a service that would suit traders of different levels of skill. First, the new traders would be comfortable with the explanations that come with the new picks. However, the information is often limited, and you should be ready to do independent research rather than being a blind follower of the suggestions.

The next category is the active investors, who would be comfortable with the short-term yields from the stocks being held for only a few months.

Lastly, the options traders would find the service useful due to the weekly option picks being offered.

Pros and Cons

Gorilla Trades is an awesome service that does not lack its share of drawbacks. In this section, we shall point out both the advantages and disadvantages of the program in brief.

Pros

  • Offers a 30-day trial period
  • Sends out two emails a day updating you on stock picks
  • Weekly option ideas for options traders
  • Clearly illustrates the entry and exit points
  • Has over 21+ year track record

Cons

  • Daily email newsletter could have had video commentary
  • Does not offer a full refund when required to

Closing Remarks

We hope our article has touched on everything you needed to know about Gorilla Trades. It is a stock-picking program that, if you utilize well, you may get a competitive edge in the stock market. However, we advise that you make a point of conducting your own independent research to make an informed investment decision.

Even though the service has its flaws, we believe it is worth investing in, and any trader of any skill level would find a lot of value in it.