VectorVest Review: Can Vector Vest
Really Boost Your Trading Profits...?
VectorVest (www.VectorVest.com)
founded by Dr. Bart DiLiddo is a stock
analysis and portfolio management system.
The software is capable of many impressive
feats including sorting, analyzing, and
ranking over 15 thousand stocks.
Once the data is collected the software issues buy, hold, or sell signals
based on an evaluation of the market alongside a stock's value, safety, and
timing. Ideally, as the trader you act on this information to make the
best possible decision and consistently trade for a profit.
It's wise to approach VectorVest from a more general perspective, it's not
going to do everything for you and its greatest strength is presenting you with
an idea of how the market is shaping up. Based on the variety and depth of
information the software estimates the best strategy for the day/week, showing
you whether the conditions are bearish or bullish.
However, the real hidden value in VectorVest is in the supplemental education
and training they provide. In addition to the charts and tools investors
are invited to free online training classes and presentations in the VectorVest
University.
There are also free 4hr training sessions in select cities throughout the
year, a five-CD seminar video set, and a course workbook (free with an annual
subscription), covering all aspects of the software from beginner to advanced
levels.
While there're many ongoing debates regarding the benefits of Vector Vest and
if it lives up to the $645 annual subscription fee there are a few things that most
traders agree on. VectorVest is great for discovering lesser known
stocks, you can get a tremendous education utilizing its back testing
simulator, and the 5 week $9.95 trial offer is worth checking out.
Most traders find that VectorVest fits in nicely with their current
systems and tools, acting as a security blanket with its ability to analyze
current portfolios. Also, traders that have truly mastered its complex
abilities swear by its success.
Along these lines, you'll be glad to know that there are many on and offline
support groups for Vector Vest users, attending these meetings is an excellent
way to see how other traders are unlocking the potential of this software.
With that being said you need to again understand that Vector Vest is not a
miracle cure but a supplemental educational program. It should be used
with a degree of caution within your own comfort levels and in conjunction with
an established trading system.
As an investor you still have to do your homework. It's up to you to learn
as much as you can through a variety of
resources in order to understand the big
picture of trading. One great tool that I personally use is
INO TV where you can view the trading systems of the world's top analysts.
These are the exact same strategies they teach at their seminars where a seat
would cost $2,000 -$3,000.
It's surprising that most people don't know about such a great resource that
thousands of people use to gain the same knowledge that the countless so-called
'gurus' will have you paying thousands of dollars for. Click Here For More Information.
Best of Luck,
Steve Albright
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Customer Reviews for 'VectorVest'
Comments to date: 17. Page 1 of 1. Average Rating:
Ralph, Wayne N.J
Posted at 8:45am on Thursday, July 2nd, 2009
5 year member, just wish I would have followed Vector Vest confirmed down back in August of 2008, and taken my money out of the Market. Would have saved me thousands, and thousands of $$$. I still kick myself. No plans to drop service. The VV portfolio is up over 100% YTD 5 year average is over 65% per year. VectorVest gives you trades before VV makes them.
GoodLuck to all!!!
Russell Markham, Hong Kong
Posted at 10:21pm on Wednesday, June 24th, 2009
From some of the posts, it appears that you simply have not done the time! You can not expect to make big returns and drive a very powerful system if you have not done the required learning. It has taken me 7 months to get to grips with VV properly. I know of several users who have made significant returns. This system is the only one for me. I am a trader, I do not believe in holding stocks long term - I ride the wave. The only way to go in my opinion.
TonyP4, Boston, MA
Posted at 10:37am on Wednesday, June 24th, 2009
Many are barking at the wrong tree. VectorVest is a tool box. You need to put time on it. The way to use it (1) Ignore most marketing stuffs from VV and other similar outfits. (2) Adopt it to your style. Dr D is not my style as I'm usually holding a stock for 3-6 months. (3). Paper testing for a while. (4) It is a powerful tool but if you think it is a money machine , you're naive.
Bruce, Ontario
Posted at 2:30am on Sunday, June 7th, 2009
Wow. It sounds like a lot of people are too lazy to explore Vectorvest much. It is a great tool as has paid for itself 50-fold since I started using it about a year ago. Many of the complainers obviously haven't taken the time to learn how to customize their searches to do things like eliminating stocks they don't feel comfortable dealing with (say, stocks under $5), and with less than 50 or 100 thousand shares a day. And, they seemed to have missed the bottom feeding strategy of buying beaten up stocks (rated sell) when the market's turning up. Dr. Dilido, you rock!
A.Barnet, Oakville
Posted at 2:18pm on Wednesday, May 27th, 2009
I am an immigrant into Canada who knew NOTHING about the stockmarket. IN 1999 I bought a few shares and made money. I soon lost it again and so on. Just when I was ready to give up in 2006 I heard about V V. Bought ONE Year in April 2007 and
from then until Dec '08 made $14,000.00 never buying more than 300 shares. I am now 88 years old and my sight is failing so I had to give up investing. The program? You can draw your own conclusion.
John, PA
Posted at 12:56pm on Thursday, May 21st, 2009
I recently canceled Vector Vest after a year. On the plus side, the Market Calls kept me from trying to catch a falling knife at the end of 2008 into 2009 (I kept my powder dry). During that time I did scads of back tests and had my strategies ready to go once VV gave a confirmed up. Two confirmed ups so far in 2009 and performance using VV to pick stocks during that period is negative.
It might work for full time home-gamers/traders who can get some ideas from VV and buy only if both the market and the stocks of interest are turning up during the day but for those who work and are limited to using stop/limits to catch an up trend it just isn't the right tool.
As far as the backtests (both prior and in this current up trend). If you bought just one day after a C/UP your performance is cut down significantly.
All-in-all a costly subscription if all that works for me is the market calls.
dennis, south jersey
Posted at 7:35pm on Wednesday, May 20th, 2009
i think vectorvest is very helpful, i haven't been using it long but i have found a few stocks in companies that i've never heard of.with vv and a little further research i'v bought a few of their picks. using a 10-15% stoploss on them ive done fairly well.about 10-15 other picks of theirs which i deceided not to buy all but 2 are up in price 25% or more..so with vv and a little bit of further research you can do well.remember, the final decesion on what you buy/sell rests with the individual investor.
John Tomkins, Tampa, FL
Posted at 6:11pm on Tuesday, May 5th, 2009
I agree with the other posters. When I first bought VectorVest, I was pretty excited because on the surface the marketing is really good and the claims are awesome.
However, once I actually started digging into the numbers and looking at the data, I realized that not only was the system flawed in its buy/sell recommendations, but a lot of the data in the system was just plain wrong. Moreover, the system bases all of its performance on buying at the low of the day and selling at the high. Everyone knows that is not possible, yet, those are the numbers they report.
Don't fall for the hyped marketing claims----this system is a complete and total waste of money.
William Schraeder, Palmyra, VA
Posted at 4:12pm on Saturday, April 25th, 2009
The problem with VectorVest is the data is not accurate and the software is extremely buggy; if you are methodical and really dig into the results of various simulations you will find that the numbers produced are statistically inaccurate. Moreover, as some users have posted, VectorVest posts their trades using hindsight. If you give me yesterdays newspaper, I can pick big winners everyday. In fairness, VectorVest's market calls are usually always wrong, so if you are contrarian and take the opposite side of the trade, you might be able to make money. But I would be very careful doing that using data from their system since it is full of bad prints and other errant data due to the programs inability to correctly account for stocks splits, etc.
There are many other stock analysis systems out there for much less money, but if you enjoy throwing your money out the window, you might find some value in getting access to their market calls if you take the opposite side of the trade.
H. E. D., Austin, Texas
Posted at 11:15am on Friday, April 24th, 2009
On the surface, VectorVest looks great. You can see all stocks ranked according to an apparently sophisticated method, with a simple "B" for Buy, "S" for Sell and "H" for Hold. Nice, right. Except VectorVest does not use their own rankings. If you look for example at all stocks they "bought" for their "Riding the Wave" portfolio, which is the one they use in all their ads, every single candidate they "bought" since the March Rally began has a SELL rating. The list they say they pull from (their Bylar's Bottom Fishing list) has 2,700 candidates. The ones they chose from March 9th to now are at the BOTTOM of this list and ALL have a SELL rating.
It gets better. They are day trading! They don't post what they are "in" until AFTER the market closes, and say "we bought stocks from Bylar's Bottom Fishers.." But if you look at their portfolio and check the prices, they bought during the day, typically around 1pm EST. Are they waiting until after the Close and mysteriously picking... read more»
john, sherwood park
Posted at 2:33pm on Monday, April 13th, 2009
cd does not show how to get started
Tom Richards, Hartford, CT
Posted at 5:27am on Sunday, March 29th, 2009
VectorVest is an outstanding tool for back testing your ideas and is likely to prove profitable for anyone who has the discipline to stick to a well tested investing strategy. Those who cannot make money with VectorVest in the market are highly unlikely to be able to make money in the market at all. It cannot guarantee profits for anyone for it cannot protect the investor from ignorance, stupidity, greed, or laziness. But, those who bothered to learn how to use it have usually done quite well with it.
As for the claim that VectorVest specializes in penny stocks, it is either from ignorance of how VectorVest works or from malice. Yes, it has some aggressive high risk strategies. But it also has prudent and conservative strategies. Why? There are different kinds of investors/traders. The first step in successful investing is to know yourself and what you will stick with. Then, and only then, can VectorVest help you by guiding you toward strategies that match your investment... read more»
Joe, long island/pa
Posted at 6:22am on Tuesday, March 3rd, 2009
I have used vectorvest 3 yrs now and have found it to be an amazing tool in picking and timing any market...learn it, master it and it will change your life for the better.. Dr D keep up the great work your team does...
R. Johnson, Florida
Posted at 6:43am on Saturday, February 28th, 2009
My personal experience with VectorVest was one of great dis-satisfaction. I used VectorVest for approximately 9 months and attempted to cancel the program about 3 times. Each time a representative talked me into trying the program a little longer and provided one on one tutoring. Giving the program the benefit of the doubt I continued to use the system before realizing that it was causing me to miss out on a lot of money in earnings and causing me to lose money in the investments as well. The system is good for crushing numbers and grouping together trending stocks and providing fundamental data on stocks. That is about it other than the cost which is much too expensive. If you want to pay excessive money for a supplemental stock analysis program then go for it. Their TV ads are misleading as well. The ads imply that you will be given immediate buy and sell signals as if you were day trading stocks. The individual buy,sell,hold recommendations never line up with their day to d... read more»
howard johnson, illinois
Posted at 9:32am on Monday, February 16th, 2009
vector vest is the best tool you can get it has made me money and saved me losses.even vector vest aint perfect it has been about 89 percent accurate but that is a good percentage in this kind of market i have been using it for over 2 years now and have recommended to friends many times.give it a try.
Axxell, Quebec ,Canada
Posted at 11:38pm on Friday, January 23rd, 2009
As a full time investor,i am glad i have found ''VectorVest". They offer a fantastic daily market overview, realistic trading signals, a dedicated, honest & friendly backup staff who clearly understand the various financial tendecies & fluctuations. Using the info VV provides in tandem with other fine systems, i have successfully navigated the awful downturn that has occurred, thus SAVING myself a great deal of profit & $$$. I can recommend VV as a serious investment tool! Cheers!
Rod Baldwin, San Francisco
Posted at 1:28pm on Saturday, January 10th, 2009
Any MBA in Finance from a school like Wharton with a Quant Background is called to question this system.
A lot of his winners are "penney" stocks trading at $1.00. So they go to $1.25 and bingo you are up
25%.
Me cynical? No! This was openly discussed at a very good Vector Vest users group as part of Dr. Dilido's tricks and marketing. He will then advertise a program like this as being up 95%.
We all laughed and moaned.
Yes, you can filter out these stocks. But they should not be there to start.
One Engineer even noted the volume was also very low on this screen.
I used IBD and Market Edge and you will see a lot of the SAME STOCKS on all three systems.