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VantagePoint Review
Trading software is widely available these days. Some are affordable and some are expensive. Such software is used to assist traders and help them see the best trends. This is so they can be ahead of other traders and make loads of money. Anyway, one of the most talked about trading software is the VantagePoint. This software was first introduced in 1991 by Louis Mendelsohn, a leader in trading technology. It uses the same indicators and moving averages as other popular software programs, but it is supposed to see turning signals way ahead of the others because it compares price histories. According to some reviews, it is actually an analytical instrument that helps traders build their own strategies and systems, as well as provides them with signals that predict future trends.
It even provides daily reports that display all necessary information for traders who prefer to work with actual numerical figures. On the other hand, traders who prefer images and pictures get to see indicators in the form of charts. Either way, VantagePoint is supposed to give accurate and reliable information. It is supposed to crunch numbers, distinguish relationships, and provide all needed information. Its concept is so good yet so many customers remain unsatisfied. In fact, the main premise of this software is to show that all factors of the economy are related with one another. For instance, if the price of oil rises, it will affect the financial market. Prices of gold also have an impact on currencies, as well as on the stock market. This software is supposed to take outside data and compile it with historical data. It will, then, create charts and graphs to forecast where the market will go.
However, even the best VantagePoint review will not have any effect on angry traders who were very disappointed with the software. A lot of them claim that VantagePoint is a real waste of money. They say that the accuracy its bar level predictions does not have any impact on their entry and exit points because there are so many bars. They say that the sales personnel can not even find ways to help them deal with the problems they have with the software. The company who made the software even suggests that they pay for upgrades. In addition, the company does not stand behind the product they manufacture. So, it is not surprising at all that they were greatly appalled with the software.
In conclusion, this software is not as great as it seems. True, there are plenty of positive reviews about it on the Internet; and there are even a few customers who rave about their good experiences with it. Nonetheless, this software is very expensive and it does not offer refunds. It is practically useless. The eighty percent accuracy that it brags is not even factual. Moreover, traders with small accounts are not recommended to use it because the stops are enormous and will only chomp up their cash quickly. The company behind it also does not mention that a separately paid data provider subscription is needed.
Add me to the list of unhappy people who spent thousands on a useless product. And yes, their sales and support staff are idiots who cannot walk me through ANY chart and show me how the product works. I think they made up the charts when they sold me. I was a dumb ass for buying.
I have used it, like it and profit from it almost on a daily basis. If you are an idiot to begin with you will not become a savvy trader by buying the software. it does take half a brain. As for Joe who left a comment, maybe you were a dumb ass before you bought rhe program and therefore could not make use of it? Nonetheless, if you spend time to understans the mechanics, you will succeeed. If yuo don’t and fail, you can make yourself feel better by blaming the softwarre. I am happy with my purchase and have even gone back to them to add some additional product from them
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