View Full Version : Does vectorvest work?
mattjames1
02-04-2008, 07:53 PM
So I've been looking at finance shows for a while now and I always see vector vest commercials. Does anyone know if this thing is any good?
aiki14
02-04-2008, 09:35 PM
So I've been looking at finance shows for a while now and I always see vector vest commercials. Does anyone know if this thing is any good?
They had a $9.95 trial last year and I bought it, it does a good screen based on their proprietary RSI that was pretty good, and I know a few folks from my local IBD meetup group that swear by it, but I do so many screens of my own I couldn't justify the $600+/yr fees. If I was short on time, I would more seriously consider it. Also it wasn't particularly Mac friendly.
It is very different from the tout sheets, it does a nice analysis, but it does not outright pick stocks for you. I does call market bias as well (tells you if the day is setting up to be good for longs, shorts, or to stay on the sidelines).
I find just subscribing to IBD to be more valuable overall. Hope that helps.
freakscene
03-22-2008, 10:23 AM
Thanks
pennipincher
05-13-2008, 02:49 PM
I know this reply is a few months later but there is not much on this forum for vectorvest, so I thought I would put my 2 cents in.
I am a beginning trader, have been trading for about 2 years. I started with Vectorvest, quit for about 8 months and went back to it. I did not do well without it. I work full time and do not have the time to research stocks. Some of the stocks I have picked with Vectorvest have done fantastic, and later turned out to be picks by winning fund mangers that I read about in articles. I have read it is not geared for day trading or long term investing which I also agree. I am a swing trader, and I have always made more than the $60 a month it costs, sometimes with only a couple trades a month. I have tried gorrilla trades (they tell you what and when to buy, no thinking required) and Reuters stock screener (you build your own screens), but Vectorvest is a whole different thing. You use their proven screens or even tweak them more yourself, or build one of your own, and you make the decisions of what to buy. I love the analysis tools and the backtest you can run on any portfolio for almost any time period. All the loser stocks I have ever gotten stuck in, would have never been on a vectorvest list to buy. They provide tutorials on the website and there are local user groups to attend. My return on my investments with Vectorvest is about 100%. It would be more if I traded more regularly and if I bought 10 different stocks at a time but I don't have the 100k they recommend to start with. I did turn 10k into 20k in one year buying and selling up to 3 stocks at a time. I can't complain about that.
wallstreetsedge
05-20-2008, 10:23 PM
if youre looking for a pretty good screener, i would say try out www.stockcharts.com
you can pretty much search by almost any criteria
howiesfunware
05-21-2008, 06:15 PM
...but I do so many screens of my own I couldn't justify the $600+/yr fees.How are you doing your own screens?
Gzapper
05-21-2008, 06:23 PM
if you go to wallstreejournal.com and on the very bottom they have a link that says "classic stock screener". if you click on that link you will be brought to what is called the exasperation of the RSI. as you know if u mix the RSI, moving average, bollinger bands, scrambled eggs with ham, burnt toast, fish, lettuce, and dehydronated ohh nooo james just hurt his knee! oh noo please help the sky light of zoron to fornicate heavy angle measures in buttery popcorn 8O
Gzapper
05-23-2008, 03:22 PM
fo' sheeezy
netwrangler
05-23-2008, 05:28 PM
How are you doing your own screens?
I do pretty well, thank you. How are you doing with yours?
uhh...mine are free, of course. ;)
netwrangler
05-23-2008, 05:33 PM
ahh, I may have mis-interpreted your question.
I use the screens available to me from my broker [Schwab]. I use, as well the free screens from Yahoo Finance and the 'premium' [read 'fee'] screens from Morningstar.
As a rule, I find these screens give me more than enough data to digest.
addbob42
10-02-2008, 08:55 AM
My experience with Vectorvest has taught me to pay attention to MARKET TIMING. I know all about those "you can't time the market" pronouncements. Vectorvest has satisfied that argument to my complete satisfaction. There are probably better stock selection ideas elsewhere. I like ZACKS. If you use Zacks #1s, with high Vectorvest RT and only go long when Vectorvest issues a CONFIRMED BUY it's hard to go wrong.
I'm baffled by those who say it's overpriced or costly. I'll tell you what's costly, loosing money!
I hope this helps you.
vintner
10-29-2008, 10:10 AM
I started out with Investools, then switched to Vectorvest. After using it a year, I went back to Investools. Felt Investools had better searches, news was right at my fingertips, more fundamental info available with Investools. Vectorvest may have updated since then, it has been a few years ago that I used it, but I will stick with Investools.
none9999
11-02-2008, 02:32 PM
I'll tell you what's costly, loosing money!
Next time, tie it more tightly then....
caseace
02-08-2009, 09:10 AM
I'd have to agree that its a useful tool in finding out about some stocks that you've never heard of before but the cost for just that is a bit high. Also the problem is that a high percentage of the stocks are penny stocks that are somewhat useless unless you really want to gamble:)
You can read some more reviews on this vectorvest (http://www.reviewopedia.com/vectorvest.htm) article I came across. I'm still somewhat ambivalent about it as my account is still active and I use it occasionally..
Hondaboy
02-10-2009, 04:50 PM
I got this when they did a 9.99 trial and was ok for the first month but felt it didn't fit my style.
Bandito$
05-26-2009, 10:32 PM
I started tinkering with a $45k portfolio last fall and by January of this year it was $35k... what a nice learning curve that was!
I started using VV in December '08 and was using it exclusively by March of this year. The same portfolio is now pushing $70k and is directly attributed to VV's screening and data culls.
Vector is a fantastic tool, but you have to spend many^many hours playing with it and getting comfortable with output, doing backtests, etc. It won't suit everyone's style but it is also highly flexible to customize your search strategies.
It does have some drawbacks - e.g. blackbox processing, potentially inaccurate backtest results (its a internal bug), and higher cost (compared to other systems).
However - in the end it is worth $450/yr.... every penny.
Florida
05-27-2009, 07:28 AM
I started tinkering with a $45k portfolio last fall and by January of this year it was $35k... what a nice learning curve that was!
I started using VV in December '08 and was using it exclusively by March of this year. The same portfolio is now pushing $70k and is directly attributed to VV's screening and data culls.
Vector is a fantastic tool, but you have to spend many^many hours playing with it and getting comfortable with output, doing backtests, etc. It won't suit everyone's style but it is also highly flexible to customize your search strategies.
It does have some drawbacks - e.g. blackbox processing, potentially inaccurate backtest results (its a internal bug), and higher cost (compared to other systems).
However - in the end it is worth $450/yr.... every penny.
I use VV also, and find the ability to use your own criteria to generate searches to be very helpful, but giving it credit for a 100% gain in 3 months vs. a 20% loss in the previous period is a bit much.
The market as a whole has had a tremendous move up in the past couple of months, compared with a big move down in the previous period. Some of the gutsy calls that would have killed a portfolio from last fall through early this year, are the same ones that would make you a hero in the past couple of months.
Enjoy it while you can, as the past couple of months is certainly not the norm.
Bandito$
05-27-2009, 08:44 AM
True enough, and to give credit where credit is due: The loses were entirely my own devising - VV had no input into those. As I gained a level of comfort with VV (say Jan - Feb this year), I put my strategies to use (entirely coincidently as it turned out), the first week of March.
The strategy is highly volatile, but does have a net positive expectation. Depending over what period you measure; it could be +1.5% (long term), +6% (medium term), or +20% (near term) per week. It doesn't take long to double your pot when the return is double-digit per week! I'll fwd. the criteria if you want.
The strategy I use is a style of bottom-fishing (sim. to "Jailbreak") which has been abundantly profitable since the end of last November... if only I could have been playing it since then!
Which brings me to why I joined this forum... I do have some serious reservations about how VV undertakes backtesting. I will perhaps start a thread on the topic once I collect all my thoughts.
madcowdisease
05-27-2009, 06:04 PM
I've always felt these trading programs were somewhat of a self-fulfilling prophecy. If enough people were to sign up and act on the recommendations the stocks would move simply based on the influx of cash.
Granted you all stated VV does not give specific picks but services like Gorilla Trades states they do in their commercials. I'm not a fan of relying on a service. But if it works then I might have to change my opinion.
Florida
05-27-2009, 06:59 PM
I've always felt these trading programs were somewhat of a self-fulfilling prophecy. If enough people were to sign up and act on the recommendations the stocks would move simply based on the influx of cash.
Granted you all stated VV does not give specific picks but services like Gorilla Trades states they do in their commercials. I'm not a fan of relying on a service. But if it works then I might have to change my opinion.
VV is not a stock picking service at all, but rather a service that provides data on stocks and allows the user to construct "ad hoc" reports of their own design.
They do provide general interpretation of the markets, and their version of market timing indicators that have already been mentioned.
For example, if one wanted a list of all optionable NASDAQ stocks trading within a range of $2 to $50, with a minimum volume of 100000 shares on any given day in the past 20 or so years, I don't know where else you would go.
Perhaps this example does not mean much, but maybe a list of all stocks meeting the above criteria that have moved up at least 40% in the past month would be of more interest.
madcowdisease
05-29-2009, 11:20 PM
VV is not a stock picking service at all, but rather a service that provides data on stocks and allows the user to construct "ad hoc" reports of their own design.
They do provide general interpretation of the markets, and their version of market timing indicators that have already been mentioned.
For example, if one wanted a list of all optionable NASDAQ stocks trading within a range of $2 to $50, with a minimum volume of 100000 shares on any given day in the past 20 or so years, I don't know where else you would go.
Perhaps this example does not mean much, but maybe a list of all stocks meeting the above criteria that have moved up at least 40% in the past month would be of more interest.
Do they offer a free trial?
Florida
05-30-2009, 08:07 AM
Do they offer a free trial?
I don't believe they do, but I believe they have a 30 day trial for like $9.95 or something like that.
madcowdisease
05-31-2009, 11:03 AM
I don't believe they do, but I believe they have a 30 day trial for like $9.95 or something like that.
Cool. Thank you, sir. If they have in place a rewards program by which any of you current subscribers get a kick-back for a referral feel free to shoot me a PM and I'll sign up.
Joyell
07-23-2009, 06:50 AM
Madcowdisease.........did you sign up? If so, what are your thoughts about vv?
CopaceticT
09-18-2009, 08:38 PM
To VV customers only (former and current):
Hi all. I am new to this forum but have been thinking of joining VV for some months now. I am a total novice and couldn't tell a Forex from a front loaded fund. :wink:
Just kidding. I just want to improve my returns on stocks.
Does anyone have experience to show whether the claimed gains for VV actually materialize or is it just marketing hype? Hard facts only please, your opinions are valued but this is a simple question. When you try their recommended strategies do you actually gain as much as they claim? Is it less? Or is it more?
Is it :top: :confused2: :thumpdown: or :party:
Florida
09-19-2009, 09:42 AM
To VV customers only (former and current):
Hi all. I am new to this forum but have been thinking of joining VV for some months now. I am a total novice and couldn't tell a Forex from a front loaded fund. :wink:
Just kidding. I just want to improve my returns on stocks.
Does anyone have experience to show whether the claimed gains for VV actually materialize or is it just marketing hype? Hard facts only please, your opinions are valued but this is a simple question. When you try their recommended strategies do you actually gain as much as they claim? Is it less? Or is it more?
Is it :top: :confused2: :thumpdown: or :party:
From a previous post of mine in this same thread back in May:
*************
VV is not a stock picking service at all, but rather a service that provides data on stocks and allows the user to construct "ad hoc" reports of their own design.
They do provide general interpretation of the markets, and their version of market timing indicators that have already been mentioned.
For example, if one wanted a list of all optionable NASDAQ stocks trading within a range of $2 to $50, with a minimum volume of 100000 shares on any given day in the past 20 or so years, I don't know where else you would go.
Perhaps this example does not mean much, but maybe a list of all stocks meeting the above criteria that have moved up at least 40% in the past month would be of more interest.
***********
As for their strategies, had you entered when they say, and exited when they say, the strategies would have paid off as they have noted, however, anyones ability to enter and exit at those precise points is questionable. Also, their strategies are often crafted after a move in the market, and results are based on backtesting, so not real true results.
Their "model portfolio" is up like 92% YTD, but you would not be able to match that performance by following them, as they do not announce their entry on any specific strategy until the night after they entered, and they do not announce their exiting a strategy until the night after they have exited, so the individual trying to copy them would always be one day behind, (sometimes to your advantage, sometimes to your disadvantage).
After all this has been said, I still like their service for the reasons mentioned in my previous posts in this thread, but I do not use their strategies for entrance or exits to trades.
CopaceticT
09-23-2009, 06:34 PM
Thank you FL for your candid response. That was the kind of technical detail that I was looking for.
I wouldn't mind losing a couple of percent on either end of a trade as long as we're talking about a 90% gain YTD.
I wonder if anyone has tried to buy on green. I wouldn't turn down a 60% gain inside of 6 months.
Hi
i am interested to buy this service and finding mixed reviews in various internet postings.
Is there any one in the forum who is curently using it or used in recent past?
I wanted to know if it gave the sell indicator for BAC/C/RF/AMD and some other which came down heavly last week.
I made some money in these stocks and after my sell, the prices came down and I started buying them again and then it came further down and I bought some more and then it came down next day.. my funds gone and now no funds and no way to find out if thery will not go any further down.
Thanks in advance
Florida
11-04-2009, 08:12 AM
Hi
i am interested to buy this service and finding mixed reviews in various internet postings.
Is there any one in the forum who is curently using it or used in recent past?
I wanted to know if it gave the sell indicator for BAC/C/RF/AMD and some other which came down heavly last week.
I made some money in these stocks and after my sell, the prices came down and I started buying them again and then it came further down and I bought some more and then it came down next day.. my funds gone and now no funds and no way to find out if thery will not go any further down.
Thanks in advance
BAC Buy to Hold on 10-20, Hold to Sell on 10-26
C Buy to Hold on 10-20, hold to sell on 10-28
RF Buy to hold on 10-19, hold to sell on 10-26
AMD Hold to sell on 10-30, sell to hold on 11-2
I never use VV for buy and hold on individual stocks, but as I have mentioned earlier in this thread, I use it to screen for stocks based on different attributes. Their market timing is interesting though, showing the market turning from up to down on 10-28.
BAC Buy to Hold on 10-20, Hold to Sell on 10-26
C Buy to Hold on 10-20, hold to sell on 10-28
RF Buy to hold on 10-19, hold to sell on 10-26
AMD Hold to sell on 10-30, sell to hold on 11-2
I never use VV for buy and hold on individual stocks, but as I have mentioned earlier in this thread, I use it to screen for stocks based on different attributes. Their market timing is interesting though, showing the market turning from up to down on 10-28.
thanks Florida, the predication seems to have been working.
I have to wait till this weekend and then jump.
I was thinking first to take the $9.99 trial it in my wife's name and use trial for 35 days and then take in my name for another months. and I am sure that two montsh would be good enough to decide weather it fits to my needs.
I normaly put linit orders in the night for the next day as I avoid using invstment account while in office. I dont get much time also to study the market. Just brpwse different forums and make a guess and buy.
CopaceticT
11-07-2009, 04:36 PM
I never use VV for buy and hold on individual stocks
Here's a theory, please tell me if I am way off base.
1. The only way to make money in the stock market is to find those stocks that are about to skyrocket to huge gains, as opposed to locating stocks that have already had their run up and "the real money" has already or is about to abandon it for greener pastures.
2. My thought was to use VV to locate stocks that have recently been marked a "buy" say for 5 days. Previous recommendations naturally being either hold or sell.
Is a buy recommendation more often than not a reliable indication of future gains?
To round out the theory, some stocks will surely tank as soon as you buy it so I'd have a stop to minimize losses. On the flip side, some stocks may just keep climbing so I'd hold onto those, a floating stop in place to lock in gains, or until a sell recommendation -- so no "cap" or other dollar limit, can you imagine buying Birkshire Hathaway but selling it because it crossed a percentage gain "magic line?" I wish I had that crystal ball.
- - - - - - - - - - - - - - - - -
Edit to add: "I've got a fever, and the only prescription is MORE COWBELL"
Vector Vest is a GREAT database but that's about it... and as mentioned earlier, recommendations come after the fact -- two hours after closing bell. Back to "great" database, I am still trying to find that one query that will forecast rather than review stock performance as VV provides a series of reports that "claim" to have behooved users by a daily report broken down in percentages. Of 7926 stocks retrieved from VV, "BUY" status accounted 4% net gains, "HOLD" status accounted for 10%, and "SELL" status accounted for 86% of total net gains for one day. I am continuing to search for that one report out of VV because I am a kind hopeful man making a living off trading. So far, my bills are paid because of gut feelings and nothing else.
CopaceticT
11-14-2009, 01:58 PM
How did you derive the 4%?
jolow
11-22-2009, 10:56 PM
I have used VV for a few while before the market tanked. I found it to be way too time consuming and they always called it late, both on the buy and on the sell side. If you played one of thier model portfolios or stratagies you would find that on the day you bought on the recomendations they closed out most of the positions in the portfolio.
I began to loose trust in the system. So I called it quits.
Started back up about 6 months ago, it's the same thing, always calling it late. Followed the top 25 but found that most of thoes stocks were at all time highs, and insiders were selling or have already sold.
They might pop a point or two and then it down and off the list. I rapidly began to lose confidence in the program. Looked at the model portfolio and the losses were staggering. I now have no faith in it at all and won't ever go back to it. Most of the informations they provide is out there for free anyway and more accurate, charts graphs etc. I loved the way the emailed out ads to people touting APT as being up 475% since last March. Where the hell was it, hidden in one of thier several stratagies. The way they talked about it was as if it hit you in the face on the home page every time you logged in.
Jut my thoughts...........
CopaceticT
11-24-2009, 09:31 AM
Jolow, you have hit the nail on the head with your comment. The VV emails I saw before signing up for their trial period turned out exactly the same way. I hate to use the word fraud but their marketing sure is deceptive.
I've been trying to figure out how to use their Strategy of the Week and other recommendations and have done quite a bit of back testing, taking the SOW from whatever date and then tracking the stock purchases that may have resulted from it. They invariably lose money. So if you cannot use a SOW to guide a purchase on the next day's open then what good is it at all? None that I've seen.
Their claims are based on back testing this or that strategy going back to months ago and projecting to today. That's great if they had TOLD YOU BACK THEN about those stocks.
I am about to cancel with vector vest, I'm so disgusted.
jolow
11-26-2009, 07:54 AM
As I said in my previos post I quit VV. I am however giving insidercow.com a try. They list all the latest SEC filings both buy and sell. I think it's the most up to date info in real time there is. You can get the info on insider activity from the SEC website but you have to look specifically for the co. your interested in. Check it out and give me your thoughts. They have a 2 wk. free trial and subscriptiuon is $30 a month. They way I figure it is no one knows more about what is going on inside a co. than the CEO and if they are willing to plunk down thier own money than it may be worth the shot.
FL_Geezer
12-03-2009, 07:52 PM
Jolow, I am also a new member, looking into stock trading systems.
Have you any experience with the E-zone System?
They do not give stock picks, tho they have partnered with Trade-Radar to carry their daily and weekly stock picks. What I do like about E-Zone is that after you have a stock in mind to buy or to go short on, they give you a projected Entry and Exit Zone for next trading period. That way you are not buying when price is already into the exit zone, or vice versa, selling when price has dropped into the entry zone. Coupled with a decent stock screener, this might be a good way to swing trade - - - the market is certainly giving us enough volatility!!!
jolow
12-05-2009, 07:14 AM
FL....
No I have not even heard of it but I will look into it. What I have been looking into after quitting VV is insidercow.com
Up to date insider buy and sell listings. Insiders know more about what is going on than any one else.
Vector Vest is a big waste of time and money. They call every thing late both on the buy and sell side, and if you look at any of the model portfolios the losses are staggering. I would nwvwe go back to it again.
pravlm
02-03-2010, 11:29 AM
How is insidercows.com useful to us, we know that there are transactions happening on number of stocks , now how can we as a individual make a call of buy/sell.
It would be better, if we know well ahead (atleast couple of days before) that some on is buying so many shares . Then we can jump in and expect the stock to rise. But not sure if insidercows.com does that.
Redbird1
04-25-2010, 08:56 PM
I realize I'm late to the party on this thread. I've been looking into vectorvest for a few weeks now.
The funny thing is that people either love it or hate it, according to reviews I've read.
One thing is clear. Several weeks, if not months, is needed to understand the system fully.
If anyone is still using successfully, I (and I'm sure others) would love to hear from you.
Thanks.
Personally I think VV is a nice tool. That's all it is, a tool. It's not going to help you a whole lot if you don't have some experience to add to the mix.
What I like is they take into consideration the direction of the trends. Just about any trade set up is going to fail if you trade against the trend and determining the trend can often be a very complicated process. Their trend measuring is superb as far as I'm concerned.
Here's the key to using VV or any system. There are times when everything works and there are times when stops just get run and both sides lose (unless you're a market maker or perhaps a scalper). If you just refuse to trade when conditions aren't on your side you are going to beat 99% of those out there who think they can take a good set up without paying attention to the rest of the market.
My .02
Penny Stock Guy
07-29-2010, 11:35 PM
I too tried VV after sitting through their sales pitch at the Vegas money show. As others have said, the database is great but I started with them in a sideways market and very soon I found my portfolio full of picks that were grinding their way down. That shook my confidence in their system. They have many defined screens. It takes a long time to figure out which ones are working at any given time. I did not try their real-time feature, it may work better than the end-of-day data but I dropped them after about 6 months.
alanorellen
01-23-2011, 05:36 PM
I have been using VV for some time now with no complaints. Seems that the complaints I see posted here and elsewere are about "late calls" and really don't understand that. Their "last" confirmed UP call was 9-15-10. The Dow was 10,573 then and now 11,871.
RereDee
03-04-2011, 11:00 AM
This is a very helpful and interesting topic. Any updates on current sites that are great in picking stocks for a quick buy and sell would be greatly appreciated.
shulink
03-05-2011, 09:58 AM
I didn't try it personally, but one of my friends was using it and he later cancel the service, so I guess the service may not be that great.
Odysseus
04-03-2011, 02:08 AM
After about ten years of going through just about every program that claims something and doing it all wrong, I've come to some interesting conclusions.
One is that the biggest failure in everything was Me, not the system. Why?
Because one has to be solvent, stable and professional about the implementation of things. If you just want to work in your bedroom, grap a ham sandwich and a beer, you will most likely experience a response that is similar, regardless of what you do.
Regarding vector vest: after achieving an MBA, my approach to work became much more organized and disciplined. Looking at the vector vest presentation on line, there are several things that strike me. ONE, the information is quantitative, precise and very very good. TWO, this information can help support decisions and also save your ass once or twice in a lifetime, which is all it has to do to be worth it. THREE, the information they use is END OF DAY CLOSING PRICES ETC. THE PROBLEM IS, YOU EXECUTE THE DAY AFTER THAT, PRICES HAVE SLIPPED. WHEN YOU CLOSE THE POSITION, YOU EXECUTE THE DAY AFTER THE CLOSING, AGAIN, SLIPPAGE. ONE RECENT EXAMPLE: ACCORING TO (https://www.vectorvest.com/vvuniversity/videoplayer.aspx?playlist=https://www.vectorvest.com/FreeMovies/3715/1/FreeMoviePlaylist.xml&pagetitle=VectorVest+University+-+VV+Views+November+12,+2010)
THE SPOKESMAN USES BUY PRICE ON AUGUEST 10 2010 OF 12.17 BUT YOU CANNOT GET THIS PRICE. THE NEXT DAY IT OPENED AT 13.31:thefinger:AND
THE END OF THE PERIOD CITED AS AUG 31 IT CLOSED AT 14.57, BUT AGAIN, AFTER RECEIVING THE SIGNAL, YOU SELL ON OPEN THE NEXT DAY AT 13.48 FOR A WHOPPING GAIN OF .07 PERCENT or .17/13.31 NOT 2.47/12.17 OR .19 PERCENT. BIG BIG DIFFERENCE. SEVEN PERCENT AIN'T BAD BUT THE REAL WINNERS ARE PROACTIVE HERE, ANTICIPATING SELL OFFS, USING SEASONAL AND MARKET CYCLICAL ANALYSIS TO DETERMINE VOLATILITY.
PERSONALLY, I THINK THE RT SIGNAL IS SUPER AND THE SIGNALS CAN'T BE BEAT, BUT YOU SEE, THE SLIPPAGE IS EVERYTHING.
Odysseus
04-03-2011, 02:58 AM
OK, I just duplicated the buy and sell orders sited on
(https://www.vectorvest.com/vvuniversity/videoplayer.aspx?playlist=https://www.vectorvest.com/FreeMovies/3715/1/FreeMoviePlaylist.xml&) for Aug. 10, 2010-Aug. 31, 2010.
Using next day open for execution changes it all.
They site profits of five traded short stocks at 16.4% (DPK)
15.49% (EPV)
11.42% (EDZ)
6.56% (BZQ)
6.18% (DRV)
Actual profits from this trade if executing on the next day open from the signal would have been:
.012 DPK
.01 EPV
.009 EDZ
.008 BZQ
-.02 DRV
In fact, using their signals for shorting the market resulted in nothing.
But the quantitative data could be useful for entering and exiting markets.
autofocus
08-01-2011, 10:34 PM
After about ten years of going through just about every program that claims something and doing it all wrong, I've come to some interesting conclusions.
One is that the biggest failure in everything was Me, not the system. Why?
Because one has to be solvent, stable and professional about the implementation of things. If you just want to work in your bedroom, grap a ham sandwich and a beer, you will most likely experience a response that is similar, regardless of what you do.
Regarding vector vest: after achieving an MBA, my approach to work became much more organized and disciplined. Looking at the vector vest presentation on line, there are several things that strike me. ONE, the information is quantitative, precise and very very good. TWO, this information can help support decisions and also save your ass once or twice in a lifetime, which is all it has to do to be worth it. THREE, the information they use is END OF DAY CLOSING PRICES ETC. THE PROBLEM IS, YOU EXECUTE THE DAY AFTER THAT, PRICES HAVE SLIPPED. WHEN YOU CLOSE THE POSITION, YOU EXECUTE THE DAY AFTER THE CLOSING, AGAIN, SLIPPAGE. ONE RECENT EXAMPLE: ACCORING TO (https://www.vectorvest.com/vvuniversity/videoplayer.aspx?playlist=https://www.vectorvest.com/FreeMovies/3715/1/FreeMoviePlaylist.xml&pagetitle=VectorVest+University+-+VV+Views+November+12,+2010)
THE SPOKESMAN USES BUY PRICE ON AUGUEST 10 2010 OF 12.17 BUT YOU CANNOT GET THIS PRICE. THE NEXT DAY IT OPENED AT 13.31:thefinger:AND
THE END OF THE PERIOD CITED AS AUG 31 IT CLOSED AT 14.57, BUT AGAIN, AFTER RECEIVING THE SIGNAL, YOU SELL ON OPEN THE NEXT DAY AT 13.48 FOR A WHOPPING GAIN OF .07 PERCENT or .17/13.31 NOT 2.47/12.17 OR .19 PERCENT. BIG BIG DIFFERENCE. SEVEN PERCENT AIN'T BAD BUT THE REAL WINNERS ARE PROACTIVE HERE, ANTICIPATING SELL OFFS, USING SEASONAL AND MARKET CYCLICAL ANALYSIS TO DETERMINE VOLATILITY.
PERSONALLY, I THINK THE RT SIGNAL IS SUPER AND THE SIGNALS CAN'T BE BEAT, BUT YOU SEE, THE SLIPPAGE IS EVERYTHING.
Have you or anyone else tried VV,s SP500/RT as shown on their videos?, If it works 1/2 as good as presented I,d be happy. It looks soooo Easy. Are their any VV grps on N.Shore -Boston,MA? Im new at VV but not at investing. Thx.
autofocus
08-02-2011, 09:20 AM
Has anyone tried the SP500/RT strategy as shown in VV Video?, looks EZ! Thx.
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