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billw1066

Bill W.

Contributor Level

Total Points
80

1 Review by Bill

8/30/21

Gorilla Trades is the best stock investment web site I have encountered, although it is not as impressive as the Gorilla would lead you to believe. Let's review its actual performance from June 1,2021 to the end of August. During these 63 trading days, 52 selected Gorilla picks triggered and 38 of these also confirmed. Of the 38 triggered and confirmed picks, 17 reached their first targets, 14 hold unrealized gains that average 1.18%, and 7 of the 38 dropped below their stop loss prices.
Of the 14 that triggered but have not yet confirmed, 7 dropped below their stop loss prices while the 7 others remain active in the current Gorilla Trades portfolio with a "Not Yet Confirmed" classification and unrealized losses that average 0.13%.
However, if one looks at the end-of-August Gorilla Portfolio only 38 of the 52 triggered Gorilla picks are present, the 17 that confirmed and reached their first targets, the 7 that confirmed and hold unrealized gains, and the 7 that triggered but have not yet confirmed. Some have mistakenly assumed that these 38 "active" stocks are the only ones that were picked by Gorilla Trades from July through August, an erroneous assumption that substantially enhances the Gorilla Trades performance.
What the Gorilla's portfolio cleverly (some may say deceptively) omits are the 14 triggered stocks that dropped below their stop loss prices, 7 of which were confirmed. What is true in this case is that in the 63 trading days from June 1 to August 30,17 of 52 triggered Gorilla picks have reached their 1st target prices thus far, while 14 dropped below their stop loss prices. The remaining 21 remain in the portfolio with slight positive average gains, but an uncertain future, especially the longer they remain.
Although the above observations do not support the "explosive" upward moves the Gorilla expounds for his daily picks I believe the overall performance of Gorilla Trades is still impressive (and potentially unbeatable) because investors can and do avoid the purchase of unconfirmed picks and the retention of confirmed picks with unrealized losses.

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