HOME ABOUT FAQ EDUCATION ARCHIVES BLOG BECOME A MEMBER   MEMBER SIGN IN

FAQ - General

What Leavitt Brothers is...

Leavitt Brothers is a provider of trading ideas for self-directed stock and option traders. Call us a research firm if you wish. We narrow the universe of stocks to a handful of top trading candidates which offer very good odds of making our members money.

Any active or semi-active trader knows it takes hours and hours of time to find good trading candidates. This is what we do for you. Every week we’ll hand you numerous set ups with recommended trading parameters (entries, stops, targets, and description of what we see), but ultimately it will be up to you to decide which you play and exactly how you play them.

What Leavitt Brothers is not…

We are not advisors, and we do not tell traders what or when to buy and sell. As stated above, we are research firm that provides its members with a list of very good trading candidates, but you ultimately have to make your own decisions. If we wanted to trade your money, we’d shut the site down and open a hedge fund.

How is the site organized? What exactly do members get?

For the Stocks Service, the set ups are placed on either our LONG LIST or SHORT LIST. Each set up is given in chart form with suggested entries, stops and targets along with a description of what we see. The set ups are tracked and updated daily. In a typical week, there may be 10-15 new set ups posted over the weekend and then a few more scattered throughout the week as necessary and appropriate.

A REPORT is posted every morning before the market opens and every day after it closes. They tend to be chart oriented and serve as a quick (or sometimes lengthy) synopsis of how we view the market.

Our MESSAGE BOARD serves as a place for our members to share charts and trades and chat about the market. We participate in the conversation, but we mostly post on our MARKET WINDOW. It’s like our own personal message board (so our posts don’t get lost in the shuffle).

Can you tell me more about the Stocks Service?

Yes, go here for more details.

How can you best make use of the site?

The typical Leavitt Brothers member will look over our set ups and pick the ones that are “up their alley.” There’s no chance any trader could trade all of them, and we don’t expect or recommend the parameters be followed blindly. Some traders will use our picks to supplement their own while other will exclusively trade our set ups.

When is the site updated? Do you send out an email with the updates?

The site is updated Monday-Thursday after the market closes (almost always by 6:00 PM ET) and then on the weekends (by noon on Sunday). Updates include adding new set ups, updating stops/comments on exiting set ups, and posting our report.

We do not send any material out via email. All updates are done on the site, so to get new and updated material you must log in and simply go to the appropriate places within the site.

What if I want to cancel?

You can cancel any time; the process is quick and painless. All you have to do is log in, click the ACCOUNT INFO link at the top-right of the page and then click the cancel button. Simple as that. You’ll still have access to the site until the end of your billing cycle, and once the cycle ends, you won’t be rebilled and your account will be de-activated.

What is your refund policy?

All new memberships (those who have never been a member and never taken a free trial) come with a 2-week free trial. When you join, your credit card is not charged for the first 2 weeks. After this 2-week grace period is over (in which you can cancel any time and never be billed), your credit card is charged and your membership officially begins. Once it begins, we do not offer refunds of any kind.

Do you have a track record?

We do no trade all our own set ups (that would be impossible, there are too many), and our members will get different results trading off the same charts. Hence it’s not possible to offer an accurate track record.

For example, let’s say a set up is posted that suggests buying a stock when it breaks out at 30 and putting the target at 35 and an initial stop at 28.5. The stock breaks out and moves up to 34 over the course of two weeks and then drops back to 31 where a trailing stop was hit. Some of our members focus on the short term; they would have taken profits on the first day. Others would have take money off the table on the way up and then gotten stopped out of remaining shares. Others would have moved their stop up very close when the stock got within a point of the target; they would have kept most of the available profits. And still others would have stubbornly let a decent profit turn into a small profit. The point is that even though each trader was working off the same chart, different results were achieved. This is why it’s not possible to offer an accurate track record.

Despite this, having run this site for almost seven years, the following can be said: approx. one-third of our set ups breakout and do great; about one-third breakout and end up not going very far; these typically result in a small profit or small loss; and about one-third never trigger. So of the charts that trigger, about half do very well and half end up being small gains or losses.

When in doubt…

If you have any questions, email us using the Contact Us link which can be found at the bottom of every page.

--- The Staff at Leavitt Brothers