Predictive Alpha Prime Review – Worth It?

Predictive Alpha Prime is a new tool from TradeSmith.

They claim through the power of AI, they can get you better gains than ever before.

Is this true or another investing scam?

We'll answer this question in this review.

Additionally, we'll look at who this tool is for and whether it functions like it claims.

You'll know if Predictive Alpha Prime is worth it or not by the time you're done reading.

Let's get started!

Beware MarketWise Products

The investing publisher that sells this tool is called TradeSmith but this company is owned by a larger, publicly traded company called MarketWise.

MarketWise is pretty big and they own some of the more well known investing publishers like Stansberry Research and InvestorPlace.

You know those over the top, annoying stock teaser presentations that get sent to your email?

There's a good chance that's from MarketWise.

Overall, I don't like MarketWise or the tactics they use to sell their newsletters and tools.

They use over the top marketing, make absurd promises on the returns your can get if you buy and they specifiically target eldery people.

On top of all this they don't treat their customers well.

To MarketWise, you're simply a cow to be milked.

Once you buy one product from MarketWise you'll be marketed all their other ones (there's hundreds of products for sale).

Some will cost tens of thousands of dollars and there's some seriously bad characters at MarketWise.

Many people have been sued for millions for defrauding customers and others have been tossed out of Wall Street permanetly.

Beware that if you do buy Predictive Alpha Prime, you'll be dealing with an extremely predatory company.

What Does Predictive Alpha Prime Do?

Earlier this year AI really lit the world on fire, primarly because of ChatGPT.

ChatGPt used generative AI to answer people's questions and do other tasks and it really blew people away.

Since then, a bunch of companies have rushed to join the hype and have released many "AI" tools.

TradeSmith is the latest to release an "AI" driven tool and that's Predictive Alpha Prime.

At the end of the day, though, there's nothing new about this tool. 

All it does is forecase short term price movements with stocks based on technical analysis:

Not only do other companies have similar tools, TradeSmith already has tools like this!

It honestly wouldn't surprise me if there really isn't "AI" associated with this tool and it's just a rebranded technical analysis tool.

But that's the jist of Predictive Alpha Prime.

You put in a ticker and it'll guess where the stock is going.

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Predictive Alpha Prime Isn't For Long Term Investing

One thing to keep in mind is that you shouldn't buy this tool if you're a long term investor.

Tradesmith says the most reliable data is for 30 to 60 days.

This isn't a good thing in my opinion because long term investing will always be the best way to invest.

Short term invseting is just harder.

One of the reasons for this is taxes are higher on short term trades.

Any investment held for under a yaer can be taxed up to 37%.

The highest an investment over a year can be taxed is just 20%.

There's the possiblity that your short term trade actually outperforms a loing term trade but ends up making you less do to taxes.

And beyond this it's just been proven that long term investing is better.

It's extremely difficult to guess where a stock's price will be in just 30 to 60 days.

There's so many factors and I don't believe any tool can give you an edge that will change your luck.

Predictive Alpha Prime FAQs

Still have some questions about this product?

Here's answers to any remaining questions you might have:

1) What is An-E?

An-E is the new "AI driven stock forecasting system" that powers Predictive Alpha Prime.

However, the people at TradeSmith don't cover what exactly An-E besides that it's AI.

ChatGPT allows people to rent out their API to create tools and apps.

There's a chance that's all that's happening here.

TradeSmith is using the generative AI from ChatGPT and turning its analysis into charts.

If that's the case you can just use Bing's AI search and get the same results (it's powered by OpenAI, which is the company that owns ChatGPT).

I asked Bing's AI search what the forecast for Amazon's stock over the next 60 days is and got this as an answer:

• According to analysts’ consensus price target of $144.74, Amazon.com has a forecasted upside of 7.5% from its current price of $134.68¹.
• The average 12-month stock price forecast for Amazon stock is $147.66, which predicts an increase of 9.95%. The lowest target is $111 and the highest is $204².
• The Amazon stock prediction for 2025 is currently $215.63, assuming that Amazon shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 60.35% increase in the AMZN stock price³.
• The forecast for Amazon stock, splits aside, is for steadily increasing price action punctuated by pullbacks, corrections, and consolidations.

Bing AI is free to use too.

2) Is the price of Predictive Alpha Prime fair?

According to TradeSmith, Predictive Alpha Prime is supposed to cost $5000 per year but they're generously offering a massive discount for just $1799 per year.

I think you can already guess that I think this is too much.

There's an investing rule that states you should never pay more than 1% to 2% of your trading account on tools and research.

If you spend over that you'll be eating into your gains too much. 

So you'll need over $100,000 to trade with for this tool to be worthwhile without being too expensive.

And I personally wouldn't be investing that much with an unproven tool to begin with.

3) Who's Keith Kaplan?

Keith Kaplan is suposedly the creator of this tool.

MarketWise has a stable of personalities they can roll out at any time. 

They constantly debuting so called "experts" and when you dig into these "experts" you usually don't find anything impressive.

Before coming over to TradeSmith Kaplan worked for another MarketWise publisher, Stansberry Research.

Apparently before enetering the investing world he was a software artchitect.

But don't fall for the marketing, I don't beleive Kaplan is this AI genuis or anything like that.

4) What do you get with your membership?

The main thing you get with Predictive Alpha Prime is the tool that "predicts" the price of stocks.

Beyond that you get two special reports.

The first is The Predictive Alpha Playbook.

This is just a special report that shows you how to use the software.

The second is AI Investing Revolution.

This report just covers how AI is changing investing and will give you updates on the industry.

5) Is there a refund policy?

Nope!

They specifically state that only credit refunds are available.

So you can only use the money to buy other TradeSmith products.

This is what MarketWise always does with expensive products.

They only offer cash refunds on their cheap products.

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Wrapping Things Up

Another day, another MarketWise product.

I'll give the folks at MarketWise credit - they sure do work fast.

I knew it was only a matter of time before they'd release an AI tool like this.

These guys are the best at riding trends.

The tool is exactly what I thought it would be.

Just uses technical analysis to make short term trade predictions.

These tools already exist and this is just a rebranding of those tools (with the term AI thrown in there).

The price is too much in my opinion and the product is completely unproven.

I'd pass and just use Bing's AI search for free if you want to use AI with your investing.

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