Bar level prediction accuracy has nothing to do with your entry/exit points since you hold your position for the duration of MANY bars. Also, you need to know where you put your stop in order to manage your risk. Their sales people will tell you — maybe you put stop here. If the stops got hit with a long bar, you may have a loss already. But the bar level prediction can still be correct. What a joke. Sales people there don’t trade. They only care to get your order for the software. 80% bar level accuracy has nothing to do with your trading results. Be aware !!
Moving average crossing will help you win in trending market. You lose big when the market is choppy.
Well-loved. Like or Dislike: 93
By Jerry Reynolds
On 11-18-2009 at 2:46 pm
I have been trying to trade the FOREX for 2 1/2 years, finally a software that works. Not always right but I’m profitable now. Better to win more than lose.
Like or Dislike: 30
By Richard Bailey
On 11-18-2009 at 2:48 pm
I love this product, I used to spend 4 hours a day studying the Market with a lot of frustration. I have time to enjoy my family & I’m trading is doing much better as well. Definitely a thumbs up.
Well-loved. Like or Dislike: 40
By Chris T
On 11-18-2009 at 2:49 pm
I had the sales guy Steve send me charts every other day for two weeks. The charts are just moving averages. Don’t take my word for it, ask them to send you some charts. FYI – Request a specific stock. Don’t let them cherry pick the best looking charts.
Well-loved. Like or Dislike: 40
By UK Commoditiy Trader
On 11-18-2009 at 2:49 pm
I almost pulled the trigger on their “special” FX trader package. I even spoke to a guy who was using the software – I think his name was Mike. I was reluctant to call this guy at first, because I just thought he would tell me it was the best. Instead, he slipped and told me he uses other software and strategies and only looks at vantage point about 50% to confim his thouhts. I realized that I did not need to spend $4,900. Also, they would not provide a user from the UK, but said they have customers in 100 countries. I don’t believe it.
Like or Dislike: 12
By JD
On 11-18-2009 at 2:50 pm
I spent 8k in 2007 on this product form a supper sales person who sold me the farm. I have only LOST money! I knew something was wrong shortly after when my trading buddies were making fun of me that I spent money to see moving averages. I tried to get a refund, but failed. They delayed calling me back and I had to leave rude messages to get a return from a supervisor. They still call me now and try to sell me an upgrade. So not only did I spend 8k, but they now want another $1,500 to keep me updated.
Like or Dislike: 21
By Patrick Sanders
On 11-18-2009 at 2:51 pm
I was a VectorVest user for 2 years & I was averaging 10% per year return. Ok but I knew I could do better. I talked to my brother in law who trades commodities in Canada, I knew he was making good money so I called him him & he said he had been using Vantagepoint for the last 3 years averaging around 30% returns. He said he wouldnt even consider trading without it. He put me in touch with the his sales guy who hooked me up with a great starter package. I have been very satisfied with the results. Easy to use, just make sure you study the user’s guide before you trade.
Like or Dislike: 41
By Mike Hunt
On 11-18-2009 at 2:52 pm
This company is poorly run and does not stand behind their product. Every person I’ve spoken with clearly has little, if any, real world trading experience – which is why they’re trying to make money hocking software rather than actually trading the markets. Two or three of these people I’ve encountered actually think that the 3-month Eurodollars contract is the European common currency! WARNING: the software is designed to be obsolete and ineffective after a few months, which means that you’ll have to keep buying the latest version for thousands of dollars every year or so. Save your money, and stick with simple technical indicators and moving averages, for which there is no substitute.
Well-loved. Like or Dislike: 51
By Mike Dunlop
On 11-18-2009 at 2:53 pm
This package is basically an expensive ripoff. The so called predicted highs and lows are not even as accurate as basic pivot points. The company owners have never traded in their lives and this is a slick sales machine. Be very careful. Most of what you read is posted by the company itself.
Like or Dislike: 31
By Ty Webb
On 11-18-2009 at 2:54 pm
NO SOFTWARE PROGRAM CAN WORK ALL THE TIME! No software program is the Holy Grail. No software can take the UNEXPECTED twists and turns out of the marketplace. But, if you are looking for a way to make sense of the insanity and develop a system of entries and exits that WORK, Vantage Point is for you. Vantage Point generates reliable signals in all of the markets it tracks. The problem comes when people expect unrealistic results. Vantage Point will tell you when it is safe to enter a trade, what stops to use and when to exit. But, if you don’t take the time to read and understand what the software is providing you, there will be frustration and failure. Market Technologies provides the best customer service and education FREE OF CHARGE for the first year you own the software. While Vantage Point is easy to use, some may find the underlying premise of the midpoint hard to understand. Customer Service helps by spending all of the time you will need to understand how to use the software. Also, there are blogs and user groups that help with trading strategies. Vantage Point is the ONLY software on the market today with a TRANSPARENT underlying predicted neural network. They say 80% of the time the forecasts are accurate. I have experienced VP as being far more accurate than that. Within 90 days of purchasing the software I had taken a $5000 account and grown it to over $20,000. So, the software has worked for me. Where people are frustrated is in the recent volatility in the marketplaces since July. No software program can help with that. But, I have found the VP still catches the major moves with great results, and helps you get out of losing trades with very minimal losses. That is all you can ask for from any software program. VP is robust and nuanced and will provide great rewards with a little time and effort.
Well-loved. Like or Dislike: 40
By LongTimeTrader
On 11-18-2009 at 2:56 pm
Been using this product since 2003. I am happy to say that the software gets better over time. I’ve proven that with a bit of dedication and hard work, you can create tried and true strategies that will work successfully with VantagePoint. The NI is in the ballpark of 80 – 85% accurate in predicting the direction of the market over the next two days, but a good solid strategy does not use the NI alone. It works if you work it!!
Well-loved. Like or Dislike: 40
By ProTrader
On 11-18-2009 at 2:57 pm
It’s easy to say that Vantage Point is just a MA on a chart or that customer suppport is weak; but the reality is that VP is a powerful trading tool. The proof is to spend some time reading how experienced traders are currently using this software successfully and profitably at TraderChat.com. So many traders can’t be mistaken; and the very fact that these people are willing to post how they do it VP only serves to add weight of evidence. But don’t be confused; VP is NOT a trading system, and this may be why some people are disappointed. Have they ignored the company’s explanation of what VP “is” and “is not”, thinking instead that if they spend several thousand dollars on software, they will receive an ‘out-of-the-box’ money making trading system? That’s not what’s advertised. VP is a very powerful trading ‘tool’. Use it as the foundation for building a trading strategy, and you will be very pleased with the results. Again, TraderChat.com will show you the various ways other traders are doing just that. Sadly, people spend more money buying “trading systems” that don’t work or blowing out a live account with real money as they experiment in the markets, than they would purchasing VP and developing a winning strategy. But VP is not for everyone; it’s not for those who want ‘quick & easy’ profits, those who are lazy in their approach to trading or those who want someone else to do all the work for them. Buying and using VP is like going to college; money, time and effort are required. But like having and using a college education, the results are worth the investment.
Like or Dislike: 30
By John T Zillo
On 11-18-2009 at 2:58 pm
Just save your thousands of doillars on this product. Compare any of their charts to a standard exponential moving average crossover of say a 2 & 4 days & you will get the same results. If you are trading the Forex just use the FOZZY method & you will get crosses earlier & more accurate then their software. Not worth it & spread the word.
Like or Dislike: 31
By RS
On 11-18-2009 at 2:59 pm
Don’t waste your money on this software. Once there company gets your money that is the end of there customer service. I would like to see them prove any of there claims as far as predicting the markets. There are plenty of other readily available tools that are much more accurate than this JUNK…..
Like or Dislike: 22
By vp scam
On 2-12-2010 at 6:57 am
VP is a complete waste of money and I’d be willing to bet that most of the positive reviews came from the same IP address, probably in Florida.
The neural index can be reproduced using excel and the lines are just moving averages.
Like or Dislike: 33
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By Rod
On 11-18-2009 at 2:45 pm
Bar level prediction accuracy has nothing to do with your entry/exit points since you hold your position for the duration of MANY bars. Also, you need to know where you put your stop in order to manage your risk. Their sales people will tell you — maybe you put stop here. If the stops got hit with a long bar, you may have a loss already. But the bar level prediction can still be correct. What a joke. Sales people there don’t trade. They only care to get your order for the software. 80% bar level accuracy has nothing to do with your trading results. Be aware !!
Moving average crossing will help you win in trending market. You lose big when the market is choppy.
By Jerry Reynolds
On 11-18-2009 at 2:46 pm
I have been trying to trade the FOREX for 2 1/2 years, finally a software that works. Not always right but I’m profitable now. Better to win more than lose.
Like or Dislike:
By Richard Bailey
On 11-18-2009 at 2:48 pm
I love this product, I used to spend 4 hours a day studying the Market with a lot of frustration. I have time to enjoy my family & I’m trading is doing much better as well. Definitely a thumbs up.
By Chris T
On 11-18-2009 at 2:49 pm
I had the sales guy Steve send me charts every other day for two weeks. The charts are just moving averages. Don’t take my word for it, ask them to send you some charts. FYI – Request a specific stock. Don’t let them cherry pick the best looking charts.
By UK Commoditiy Trader
On 11-18-2009 at 2:49 pm
I almost pulled the trigger on their “special” FX trader package. I even spoke to a guy who was using the software – I think his name was Mike. I was reluctant to call this guy at first, because I just thought he would tell me it was the best. Instead, he slipped and told me he uses other software and strategies and only looks at vantage point about 50% to confim his thouhts. I realized that I did not need to spend $4,900. Also, they would not provide a user from the UK, but said they have customers in 100 countries. I don’t believe it.
Like or Dislike:
By JD
On 11-18-2009 at 2:50 pm
I spent 8k in 2007 on this product form a supper sales person who sold me the farm. I have only LOST money! I knew something was wrong shortly after when my trading buddies were making fun of me that I spent money to see moving averages. I tried to get a refund, but failed. They delayed calling me back and I had to leave rude messages to get a return from a supervisor. They still call me now and try to sell me an upgrade. So not only did I spend 8k, but they now want another $1,500 to keep me updated.
Like or Dislike:
By Patrick Sanders
On 11-18-2009 at 2:51 pm
I was a VectorVest user for 2 years & I was averaging 10% per year return. Ok but I knew I could do better. I talked to my brother in law who trades commodities in Canada, I knew he was making good money so I called him him & he said he had been using Vantagepoint for the last 3 years averaging around 30% returns. He said he wouldnt even consider trading without it. He put me in touch with the his sales guy who hooked me up with a great starter package. I have been very satisfied with the results. Easy to use, just make sure you study the user’s guide before you trade.
Like or Dislike:
By Mike Hunt
On 11-18-2009 at 2:52 pm
This company is poorly run and does not stand behind their product. Every person I’ve spoken with clearly has little, if any, real world trading experience – which is why they’re trying to make money hocking software rather than actually trading the markets. Two or three of these people I’ve encountered actually think that the 3-month Eurodollars contract is the European common currency! WARNING: the software is designed to be obsolete and ineffective after a few months, which means that you’ll have to keep buying the latest version for thousands of dollars every year or so. Save your money, and stick with simple technical indicators and moving averages, for which there is no substitute.
By Mike Dunlop
On 11-18-2009 at 2:53 pm
This package is basically an expensive ripoff. The so called predicted highs and lows are not even as accurate as basic pivot points. The company owners have never traded in their lives and this is a slick sales machine. Be very careful. Most of what you read is posted by the company itself.
Like or Dislike:
By Ty Webb
On 11-18-2009 at 2:54 pm
NO SOFTWARE PROGRAM CAN WORK ALL THE TIME! No software program is the Holy Grail. No software can take the UNEXPECTED twists and turns out of the marketplace. But, if you are looking for a way to make sense of the insanity and develop a system of entries and exits that WORK, Vantage Point is for you. Vantage Point generates reliable signals in all of the markets it tracks. The problem comes when people expect unrealistic results. Vantage Point will tell you when it is safe to enter a trade, what stops to use and when to exit. But, if you don’t take the time to read and understand what the software is providing you, there will be frustration and failure. Market Technologies provides the best customer service and education FREE OF CHARGE for the first year you own the software. While Vantage Point is easy to use, some may find the underlying premise of the midpoint hard to understand. Customer Service helps by spending all of the time you will need to understand how to use the software. Also, there are blogs and user groups that help with trading strategies. Vantage Point is the ONLY software on the market today with a TRANSPARENT underlying predicted neural network. They say 80% of the time the forecasts are accurate. I have experienced VP as being far more accurate than that. Within 90 days of purchasing the software I had taken a $5000 account and grown it to over $20,000. So, the software has worked for me. Where people are frustrated is in the recent volatility in the marketplaces since July. No software program can help with that. But, I have found the VP still catches the major moves with great results, and helps you get out of losing trades with very minimal losses. That is all you can ask for from any software program. VP is robust and nuanced and will provide great rewards with a little time and effort.
By LongTimeTrader
On 11-18-2009 at 2:56 pm
Been using this product since 2003. I am happy to say that the software gets better over time. I’ve proven that with a bit of dedication and hard work, you can create tried and true strategies that will work successfully with VantagePoint. The NI is in the ballpark of 80 – 85% accurate in predicting the direction of the market over the next two days, but a good solid strategy does not use the NI alone. It works if you work it!!
By ProTrader
On 11-18-2009 at 2:57 pm
It’s easy to say that Vantage Point is just a MA on a chart or that customer suppport is weak; but the reality is that VP is a powerful trading tool. The proof is to spend some time reading how experienced traders are currently using this software successfully and profitably at TraderChat.com. So many traders can’t be mistaken; and the very fact that these people are willing to post how they do it VP only serves to add weight of evidence. But don’t be confused; VP is NOT a trading system, and this may be why some people are disappointed. Have they ignored the company’s explanation of what VP “is” and “is not”, thinking instead that if they spend several thousand dollars on software, they will receive an ‘out-of-the-box’ money making trading system? That’s not what’s advertised. VP is a very powerful trading ‘tool’. Use it as the foundation for building a trading strategy, and you will be very pleased with the results. Again, TraderChat.com will show you the various ways other traders are doing just that. Sadly, people spend more money buying “trading systems” that don’t work or blowing out a live account with real money as they experiment in the markets, than they would purchasing VP and developing a winning strategy. But VP is not for everyone; it’s not for those who want ‘quick & easy’ profits, those who are lazy in their approach to trading or those who want someone else to do all the work for them. Buying and using VP is like going to college; money, time and effort are required. But like having and using a college education, the results are worth the investment.
Like or Dislike:
By John T Zillo
On 11-18-2009 at 2:58 pm
Just save your thousands of doillars on this product. Compare any of their charts to a standard exponential moving average crossover of say a 2 & 4 days & you will get the same results. If you are trading the Forex just use the FOZZY method & you will get crosses earlier & more accurate then their software. Not worth it & spread the word.
Like or Dislike:
By RS
On 11-18-2009 at 2:59 pm
Don’t waste your money on this software. Once there company gets your money that is the end of there customer service. I would like to see them prove any of there claims as far as predicting the markets. There are plenty of other readily available tools that are much more accurate than this JUNK…..
Like or Dislike:
By vp scam
On 2-12-2010 at 6:57 am
VP is a complete waste of money and I’d be willing to bet that most of the positive reviews came from the same IP address, probably in Florida.
The neural index can be reproduced using excel and the lines are just moving averages.
Like or Dislike: