Vantage Point Software

I have opened a new thread:

Vantagepoint - OldAlbanian Trades

I will post on a daily basis as I trade - good and bad so you can judge for yourselves whether VP works or not

Wow thats great it must be fantastic to make loads of money from watching moving average crossovers. You are not being unkind I would expect you to try to entice people to buy this software which you probably get commission for or are you the developer?

Thankfully I have learnt that trading aint that easy to buy off the shelf software which will make you money consistently. What you need to do is learn to trade by reading price action with volume and simple chart patterns with money management.But most people don't want to do this as it involves work and effort and practice. It took me time to realise that and to stop looking for the Holy Grail, but now I have and am well my way to being a very successful trader.

I do not work for Market Technology and I am not on commission.
I only daytrade Forex (using IFR Market Watch to suggest trades using their technical analysis - they are right more often than they aer wrong!) - but I do not use VP for Forex , and a limited range of commodities/indices for long/medium term positions using VP ie DOW, 5 Yr T note, Wheat, Corn, Soya, Silver, Gold, Light Crude, Heating Oil, Coffee, Cotton.
I will post my VP trades on the other thread on the day I make them so I can't make them up!
Take my word (or not!) for the current open positions.
I wouldn't touch individual equities with a barge pole!

I wish I would have read some of these posts before but am convinced now to return it before even opening it. Oldalbanian, why haven't you posted for a few days?

Almost bought the software, but ran across this site.

www.vantagepointsoftware.info

The predicted Hi/lows are no better than pivot points. It does give some reassurance when the predicted hi/lows correlate with pivots. The Neural Index is fairly useful but I think it is probably just derived the direction of a moving average.

I had something very interesting happen last night. I opened VP and it was giving me the readings for today before I even did a Data Update... Note sure why, but once I did the Data Update it gave me the same predictions!!! So Who knows, im not a computer programmer so it seems weird to me.

There is absolutely NO Substitute for experience and understanding of market action, money management and most importantly your own Psychology. Vantage POint is simply something I glance at in the evenings, and I just quickly look at the Neural Index. This is akin to only going long or short if markets are above/below the 50SMA... So not secrets here. It does give me a slight boost in confidence if it confirming my own analysis, but only a slight boost. I don't think it's worth $3500. Maybe $250? I imagine Market Technologies makes a flippin killing off of this software. Also the two books that come with it are sub par at best. I got very little out of them on how to analyze the market using Intermarket Analysis other than to follow the software.

On another note Intermarket Analysis DOES Work and is very worth it to look into. Save your $3500, get a mini account, and use proper risk management risking no more than 2% a trade and you will have gained more experience and understanding if you lose it all then slapping it on the table for the Market Technologies team to get rich off of.

I used to truly think there was something to Vantage Point but until I go to their head office and they show me exactly how it works and I find that there's something ACTUALLY to it, I say it's not worth the $3500.

MABenn,

I read elsewhere that you can 'turn off' the intermarket analysis and get the same results. Its also possible that if the data wasnt ready when you did your download that you actually got yesterdays 'results' again instead of todays. Are you sure that isnt what happened?

By the way the NI is just an average of previous days prices, I was able to almost completely replicate the NI using excel and with NO reference to other markets. So even if it were of use youre paying 3k for something you could do on a calculator.

Peter

Download and try for yourself.
here is keygen for 7.0 version

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