Options Trading AI : OpPreds

I like it so far but need more instruction how to make trades

I’ve emailed the developer several times with questions and comments, and always gotten a very prompt response, even on weekends. They even implemented one of my suggestions within a week. Regarding the stop loss critiques: basic risk management should alleviate any problems. Sure, sizing your position based on the stop loss will limit gains, but will also prevent catastrophe.

This app has a strategy that works if you HODL and YOLO every play you get in. It will call plays and the stop losses it suggests are 80% or more. Basically total loss. Then once/hopefully it recover and goes green that’s considered a profit. Who in their right mind would have those kind of stop losses on every play? It’s madness. I’m 0/6 with this app. I stick to 30-50% max stop loss. Every play it calls you need to only put enough in where you’re ok if you lose it all. If you’re a YOLO trader then this app may be good for you. Otherwise, stay away.