This VectorVest review may not reveal the holy grail of trading. However, reading it'll make you feel like a knight on a quest for it. It’s been said that the holy grail of stock trading would be a system producing profits with survivable draw-downs; and without much human intervention.
VectorVest is hoping to be this market timing miracle machine. Has it succeeded yet? Let’s see what VectorVest can do for you.
The concept of this platform came about when Dr. DiLiddo decided he could define exactly what moves stock prices. He's a mathematician and MIT graduate.
He designed this system because he didn’t have time to look through thousands of stocks when trading. He needed answers faster. Hence this VectorVest review.
VectorVest operates as a subscription service for those wanting an automated stock analysis/advisory platform. It identifies opportunities and points to the action to take.
Because it's totally system based, VectorVest is supposed to look through thousands of stocks. The goal is to find the good stocks to trade. Therefore, it tells you when and what to buy and sell.
How does this VectorVest review help for trading specialists? If you're scanning stocks with specific criteria, VectorVest may serve you well.
Being familiar with other trading software programs such as Trade-Ideas and NinjaTrader, may help adapt faster to this all-encompassing platform.
Otherwise, you're looking at a pretty steep learning curve. Not because the platform is hard to use, but because there's a lot to use and choose from.
We're talking about an entire collection of tools with add-ons designed for specific functions. Unless you know what you’re looking for, or have a precise strategy that VectorVest products can help with, you may think they're either too overwhelming or overkill.
On the other hand, these sophisticated and advanced features are what makes VectorVest so powerful. Professional traders and investors need top of the line, high-performance, platforms to identify opportunities and make educated decisions. Therefore, this VectorVest review is for you.
Beginners can also stick to trading the recommendations issued by the software until they've enough training to modify the predefined routines.
Let's take a look at tools and add-ons in this VectorVest review:
Our VectorVest review looks at some of the indicators available to you. For example:
Bollinger Bands Crossovers
Stochastics Oscillator Crossovers
Relative Moving Averages
Directional Indicator Crossover
There’s one thing the company offers that you won’t find easily when dealing with scanners, analysis, and advisory software or services. It works with seven (7) different markets (check out our different types of stocks page to learn more about the different trading styles).
This can be quite interesting for traders in the US and Canadian markets as well as other international markets. Here’s a list of the markets taken from their website:
It looks like VectorVest caters to high-end sophisticated swing/position and longer-term traders. However, if you subscribe to their “RealTime” option, there's no reason why you couldn't use these tools for intraday trading.
It's a matter of budget really. VectorVest is far from being the least expensive program out there. Take a look here
End of Day, Intraday (on a 15 minutes basis), and real-time tick by tick are choices you have. The choice you make dictates the price you pay for the basic VectorVest 7 subscription service. In fact, the basic service may be all you need.
Then “inform” the platform of the type of investor you are and your risk tolerance. As a result, you'll receive signals considered safe; according to your profile.
Check out our live trading rooms for more intraday and swing trading.
What you may like:
Can eliminate emotions from trading decisions.
Great for experts in trading options.
Reduce manual analysis of data.
Lots of tutorials/training for beginners.
What you may not like
More expensive than most competitors.
Too much info can be overwhelming/confusing.
The software runs on your computer power.
You have to trust the math with your hard earned money.
With over 250 predesigned searches, VectorVest 7 may save time. You're not having to figure out what to look for on a daily basis. For over 16 years ,VectorVest members have received market guidance on a daily basis.
Included is a commentary on market direction and possible strategies to take. As a result, you can profit from the current market condition.
The software is definitely worth a try. Dr. Diliddo is pretty confident in his system. In fact, he guarantees 100% satisfaction.
So if you feel ready, you can pay a $9.95 fee for a 30 day trial. The key operating word here is "ready". For example, take a look at the technical searches the VectorVest system does. Do you understand all those indicators yet?
To be ready to use such a sophisticated system such as VectorVest you may want to sharpen your technical analysis skills with the Bullish Bears training service. And if you are looking for real time stock alerts look no further.
Tim, Dan, Lucien and the entire team of moderators and coaches from the Bullish Bears community will help you become a true technician of the market. As a result, you can join the top 5% of traders making it in our industry.
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