Frequently Asked Questions (FAQ)
What Leavitt Brothers is…
Leavitt Brothers is a research company that provides market analysis (via daily and weekly reports) and trading ideas to head funds, financial advisors and full- and part-time independent traders.
Technical analysis is used to to determine the major and minor trends and the staying power of those trends and to determine the market's leading and lagging sectors. With this information, we publish 5 reports every week and narrow the universe of tradable stocks to a short list of top candidates that have the best odds of making money.
Any active or semi-active trader knows it takes hours and hours of time to figure out what's going on and to find good trading candidates. With a Leavitt Brothers subscription, this is done for you.
Leavitt Brothers is not an investment advisor; specific buy and sell commands are not offered. As stated above, our subscribers are provided with a list of very good trading candidates, but you ultimately have to make your own decisions.
There are two main components: 1) Daily reports published after the close Mon - Thurs, and a weekly report posted over the weekend. 2) Trading ideas. Each set up is offered 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.
There is also a message board, which serves as a place for members to share charts and trades and chat about the market. We participate in the conversation, and also post on the market window, which is our own personal message board (so our posts don’t get lost in the shuffle).
Some subscribers trade our set ups exclusively while others complement our set ups with some of their own. In either case, a typical Leavitt Brother member will look over the set ups and pick the ones that are “up his/her alley” and then funnel them through his/her own criteria. Then make them yours. Re-create the charts with your own software, work out a game plan and then execute it.
Some members announce all their trades on our message board while others keep quiet. In either case, an open discussion about specific set ups or the market in general is welcome.
In a typical week, 10-15 new set ups are posted over the weekend and a couple more scattered during the week as necessary and appropriate. You can't possibly come close to trading them all. Pick the ones that jive with your personality; pick the ones you like the best and ignore the others.
No, there are typically far too many to play all of them. As stated above, scroll through the lists (it’s easy because everything is in chart form), and pick the couple you like the best.
The site is updated Monday-Thursday after the market closes (almost always by 6:00 PM EST) and then on the weekends (by noon on Sunday). Updates include adding new set ups, updating stops/comments on exiting set ups, and publishing a 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 place within the site.
I am primarily a swing trader who likes to ride trends for a few days or a few weeks. In an ideal world I'd hold longer, but ultimately the market environment dictates my holding time.
Most of the set ups are classic breakouts from time tested chart patterns. Others are quick momentum trades that last only a day or so. The set ups posted are the types of set ups I trade, but I don’t trade all of them because there are typically too many.
No. I do not announce any of my own trades. The purpose of the site is to save you a lot of research time by narrowing the universe of stocks to a short list of candidates I feel have the best odds of making you money, not so you can follow I.
If I wanted to trade your money, I'd shut the site down and open a hedge fund.
As stated above, my goal is to take the universe of tradable stocks and narrow it to a relatively small list of actionable trading candidates, not give you specific recommendations. Because of this, an exact track record is not available.
I personally do not trade all the set ups (that would be impossible; there are too many), and since our members have different trading styles and will therefore get different results from the same charts, any track record I attempted to compile would be nothing more than a good guess.
Let’s say a set up is posted that suggests buying a stock when it breaks out at 30 with a target at 35 and an initial stop at 28.5. The stock then 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 members focus on the short term; they would have taken profits on the first or second day. Others would have taken money off the table on the way up and then gotten stopped out close to the top. Still 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 the decent profit turn into a small profit or maybe even a small loss. 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. The goal is to save you a lot of time by taking the universe of tradable stocks and narrowing them to a workable number. Then it’s up to you to decide which to play and how to play them.
Despite this, having been in business since 2002, the following can be said: approx. one-third of the 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. Overall that’s not a bad record.
Also, you can check out our archives to get a good idea as to the types of set ups posted.
Leavitt Brothers is not an investment advisory firm and cannot technically give you advice, but I’m more than happy to give you my opinion. If you have a question, it’s preferred you ask on the message board so others can see the Q&A. If you’re not comfortable with that, go ahead and shoot me an email.
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, but once the cycle ends, you won’t be re-billed and your account will be de-activated.
All new memberships (those who have never been a member and have 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.
If you have any questions, email me using the Contact Us link found at the bottom of every page.