Itis the closest you can get to a Holy grail! Yes it costs a lot of money, but you Know the saying, you get what you pay for. With proper money management, you will make your money back within 2-3 weeks depending on how many currency pairs you trade and leverage. At first I thought I thought the same thing that you guys did, I dismissed it because of price. I know someone who was giving me predictions and low and behold, this is what he was using.
It is not the only software that I use. There is no get rich overnight software out there. Actually, I was doing pretty good before I got the software, It conly gives definite profected numbers of support and resistanced. So far, the numbers have been on point.
The problem with reviews in magazines is that they are not independent, the vendors or people acting on their behalf are writing them. I have had vantagepoint for a year and a half, I used to read traderchat every day and I experimented with every concievable strategy no success at all, I know many others in the same situation.
Do you think that there is just the slightest possibility that someone from VP might just be posting positive comments here to counter all the criticism? After all they can offer no proof the product works. I have seen this time and time again with VP, they have even had people banned from other forums for criticising the product.
Of course it was cherrypicked, ask him to send you the same chart for the past year and see what excuse you get. Like any moving average crossover it will work on occassions, however it will fail more often and you will lose overall.
I compared the results from the PNI with some very simple predictions of my own based on the current slope of a moving average over various periods and using several different averaging methods. In each of these tests, I predicted a rise in the 3-day SMA of the typical price in 2 days time (equivalent to a PNI of 1) where the slope of the moving average was positive, and a fall (equivalent to a PNI of 0) where the slope was negative. The full results are included in the attached spreadsheet.
If you believe I have made some error in my calculations, or have some other information you can provide that might change my opinion of VantagePoint, I would be very interested to hear it. As a courtesy, I will wait until Saturday 26th May before sharing these results via my blog, or any other website, in order to give you sufficient time to respond.
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What does this mean?Firm or one of its employees previously has been subject to a suspension or expulsion or other restriction of activities by a Self-Regulating Organization or commodities exchange.
What does this mean?A Self-Regulatory Organization has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked.
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What does this mean?A regulatory agency other than the SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked.
What does this mean?Firm or an advisory affiliate was previously found to have made false statements, omissions, or being dishonest and unfair by a regulatory agency other than the SEC or CFTC.
What does this mean?In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a felony.
What does this mean?In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses.
What does this mean?In the past ten years, a regulatory agency other than the SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity.
What does this mean?A federal regulatory agency, a state regulatory agency, or a foreign financial regulatory authority other than the SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of investment-related statutes or regulations.
What does this mean and why is this important?Firm offers mutual funds that carry 12b-1 fees, which increases the total annual cost of owning the fund (with no guarantee of higher returns). Some firms receive these fees as payments, which creates an incentive to promote them.
What does this mean and why is this important?Firm or an affiliate actively engages in business as a law firm or lawyer. When operating in this dual capacity, advisors may be incentivized to implement plans as an attorney that could drive higher revenue for themselves as investment advisors.
What does this mean and why is it important?Firm offers products that have performance-based fees; the managers of those products may be incentivized to take inappropriate risks to beat their performance benchmark.
When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. While this may seem like an attractive compensation structure to ensure your advisor is making your money work for you, often, the managers of those products are incentivized to take inappropriate risks to beat their performance benchmark. For instance, research has shown that mutual funds that use incentive fees take on more risk than funds that do not, and tend to double down and increase their risk following a poor performance. This could be detrimental to a client during down markets.
What does this mean and why is it important?Firm can legally elect to accept commissions for their investment advisory services. These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. While this allows for a broader range of investment options and management styles to be offered by a firm, it can create an incentive for the firm to put their financial interests ahead of your own.
What does this mean and why is it important?Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. This arrangement creates a conflict where the firm and its representatives may be motivated to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist.
What does this mean and why is it important?Firm actively engages as insurance brokers or agents, or they are affiliated with an insurance company or agency. This arrangement creates a conflict where the firm and its representatives may be incentivized to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist.
What does this mean and why is it important?Firm or a related person recommends the purchase of securities where the firm or a related person serves as an underwriter or general or managing partner.
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