Quantum Edge Trader is a tool from Jason Bodner that promises to deliver market-beating stock picks.
It does this with its "smart tech" and artificial intelligence, which pick up market signals humans can't.
It almost sounds too good to be true.
If you're here, I'm sure you want to know if it's a scam or legit.
That's what this review will answer.
On top of that, you'll get an overview of what you get and any red flags that I can find.
You'll know if this tool is worth buying by the time you're done reading.
Let's get started!
The Complete Investor Summary
Creator: Jason Bodner
Price to join: $49
Do I recommend? No.
Overall rating: 2/5
Tradesmith is the company selling Quantum Edge Trader and other AI tools as well.
Last week I reviewed their Predictive Alpha Prime Tool, and I feel the same about both tools—that they're not worth it.
If you really could get an edge with tools like this, they would sell for millions to the top Wall Street firms, not be sold to you for $49.
These companies are just hoping for the AI trend and trying to make money.
You don't even get to use the tool yourself; instead, you just have to rely on the stock picks you get to use the tool.
Who knows if they do or not?
But I'm familiar with the company that owns Quantum Edge Trader and doubt they'll be able to beat the market.
Because of this, I'd pass.
Better opportunity: I've reviewed all the top places to get high return stock ideas. To see my favorite (which is extremely affordable), click below:
The Big Problem With TradeSmith
Whenever someone is trying to sell you an investing newsletter or investing tool, it's likely coming from a few different companies.
There might seem to be hundreds or even thousands of companies selling these products, but there are really only a handful.
Quantum Edge Trader is from TradeSmith, and TradeSmith is owned by MarketWise.
MarketWise owns dozens of publishers and is a publicly traded company that makes close to a billion dollars every year.
However, this is not a company that you should trust, and I do not recommend buying from it.
MarketWise is really just a reboot of another horrible company called Agora, which was fined millions for defrauding elderly people.
Here's what to expect if you buy anything from MarketWise:
- Aggressive upsells for products that can cost over $10,000
- Manipulative sales presentations that overhype investment opportunities
- Bad results (basically, all MarketWise newsletters trail the market)
- Long, boring sales presentations
- Stock pickers with bad reputations
And more.
MarketWise is predatory, in my opinion, and much of their marketing gets close to being illegal.
So that's what you're dealing with here.
I know Quantum Edge Trader is inexpensive, but it comes with a lot of baggage.
AI Is The New Hot Trend
ChatGPT really lit the world on fire earlier this year.
Ever since its debut, companies have been rushing out their "AI" tech and products.
If you listen to any big tech company's presentations lately, all they can talk about is AI.
Many companies in the sector have seen their stocks explode because of this.
But whenever you have massive trends like this, you know there's going to be a bubble of sorts.
Marc Chaiking, another MarketWise guy who I actually respect, recently talked about this AI bubble in one of his presentations.
He's not sold on AI being able to help investors too much, and I tend to agree with him.
At the end of the day, you need to actually analyze the company you want to invest in and be able to guess where it'll be in three to five years.
Quantum Edge Trader just looks at charts and signals.
I understand that AI is impressive and can do some things better than most humans.
But at the end of the day, it's still artificial and not as powerful as human reasoning.
I've been really digging into AI lately, and I'm not as impressed as I was in the beginning.
Once you really start tinkering with AI, you'll see its limitations.
In the end, I think AI is good for menial tasks, but I wouldn't trust it with any important decisions.
Recommended: The Best Place To Get Stock Picks
What Is Quantum Edge Trader Offering?
Quantum Edge Trader is a pretty typical investment offer and is similar to hundreds of other products that MarketWise sells.
Here's an overview of everything you can expect here:
Weekly Stock Picks
Jason Bodner claims Quantum Edge Trader can identify the only 4$ stocks that have lower gains.
I guess it does this through the power of AI.
Once a week, you'll get market breakdowns and new stock picks using "smart tech."
Keep in mind that you don't actually get to use the tool.
Instead, Jason and his team use it and then send you the stock picks with a report accompanying them.
Alerts
According to Jason, the "smart tech" stock system is always on and working.
It will go through the market looking for indicators of a profitable stock.
When it finds the right indicators, you'll be alerted to this, and it'll be sent to you.
However, there's going to be a delay between the time the alerts get sent out and when you can make the trade.
So there will always be a difference between the price you pay and the price recommended by the "smart tech."
Training
Along with the stock picks, you also get a few different training programs.
The first is the Quantum Edge Trader Handbook.
This will teach you about "smart tech" and how to use the website.
The second is the Quantum Edge Masterclass.
This class solely focuses on the tool driving Quantum Edge Trader and how it works.
Bonus Reports
The bonus reports act as a sweetener, and there are two of them here.
The first is "The 3 Persistent Performers To Watch Right Now."
These are three stocks Jason claims are consistently identified by "smart tech."
The second report is called "The 3 Surprising Repeat Offenders to Dump Right Now."
This report focuses on stocks you should stay away from.
Want The Best Stock Picks Weekly?
I've reviewed the best programs that do this.. to see my top pick, click below:
Quantum Edge Trader FAQ's
Still have questions about this system?
Here are the answers to any remaining questions you might have.
1) Is Jason Bodner legit?
I hadn't heard of Bodner before reviewing this product.
However, after digging into his background, I see he originally worked at Palm Beach Research Group.
Palm Beach Research Group is headed by a guy named Teeka Tiwari, who is not of good character.
In fact, he's literally banned from Wall Street for life.
Palm Beach Research Group is also owned by MarketWise, and they must have taken Bodner from there and moved him to TradeSmith.
Anyone who could work for Teeka has bad morals, in my opinion.
2) How much does Quantum Edge Trader cost?
Quantum Edge Trader itself is very cheap and only costs $49 per year.
At that price, you do have to ask yourself some questions.
The first is, if the tool is so great, why isn't it more expensive or being sold to Wall Street?
I think the answer is pretty clear on that one—it likely doesn't give you any significant edge.
The second question to ask yourself is, Why would MarketWise price a product this low?
Let's face it: MarketWise isn't making billions by selling $49 subscriptions.
The reason it's so cheap is that this is just the first product in a very large sales funnel.
After you buy, you'll be marketed products that cost thousands per year, and MarketWise will use all the dirtiest tricks to get you to spend more money.
3) Is there a refund policy?
Yes, but again, you're dealing with MarketWise, so there's always a catch.
MarketWise only gives cash refunds on their cheap products.
Since Quantum Edge Trade is so cheap, they'll happily give your $49 back.
However, if you fall for one of the expensive upsells, you won't get your money back.
They'll only offer a credit refund that you can use to get other MarketWise products.
4) What are customer reviews like?
This is a new product, so there are no customer reviews yet.
However, there are plenty of customer reviews for other MarketWise products, and they're almost all bad.
I've probably reviewed close to 100 MarketWise and Agora products in the last couple of years.
I've looked at the results, what customers have to say, and more.
There aren't many people as familiar with this company and their products as I am.
These newsletters all promise the world but rarely deliver.
So if I had to guess, the customer reviews won't be good.
Recommended: The Best Place To Get Stock Picks
Here's A Better Opportunity
I'd pass on Quantum Edge Trader.
I don't trust AI to pick stocks, and I certainly don't think you'll be getting an "edge" here.
However, there are investment newsletters that are worth it.
To see my favorite one (which is very affordable), click below:
Get High Return Stocks!
I've reviewed 100+ stock picking services. To learn more about my favorite, click below:
Hey
Thank you for this review
I just came across a video selling Quantum Edge Pro ($4k per annum) With the USP being that it utilises dark pool data and deciphers it for he average person: https://secure.tradesmith.com/?cid=MKT667195&eid=MKT776231&assetId=AST289892&page=3
If you could do a review on this, that would be really interesting!