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Trader Tech Vantage Point Software

First, it predicts the trend direction of the market. This can be done by using any of the predictive indicators and then confirming the indication by using any of several predictive technical indicators. Using the pattern recognition capabilities
 
 
 
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Vantage Point Softward Is A Wolf In Sheep's Clothing
Both the software and customer service are not performed as advertised and expected.

Overall, I would rate this Vantage Point less than 1 point (on a scale of 1 – 10 with 10 being the most positive, and 1 being the lousiest). Even though this rating sounds and sarcastic, this is the fact you have to face after donating your money to these marketing firm.

If you want to keeping shrinking your trading account size, you are most welcome to donate your hard-earned money to this marketing firm.

TRYING IS BELIEVING!!!!!!!!!!!!!!!!!!!!!!!!

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Real Gimmick
The smoothed out lines are 50 sma and 100 sma cross over, This system is only for position trading

not for day or swing trading.

I had bought VP in 2004 after making inquires at there office in Florida they offered me a deal I could not refuse $700.00 with 3 years free Data . It worked well on the world indices ,but we were in a strong

BULL Market and you do not need any system in a strong Bull or BEAR market you just BUY on Market Correction in a Bull Market or Sell in a BEAR market.

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not pleased
doesn't seem like the software was properly tested before development was complete. Really buggy and charts aren't to my liking.

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Read Contracts BEFORE installing - you may save $495
I can say nothing for, or against, Vantage Point’s software itself, however I can relate my experience with the firm.

In brief,

I purchased their software on a trial basis, being told by the salesperson that there was a 15 day refund period. Before downloading their software, I looked in their (very lengthy) software contract and saw the refund was less a $495 “processing fee” which had never been mentioned. I immediately told them I would not agree with their license, and canceled the purchase. They had already shipped a disk and manual to me, which I refused delivery on a few days later.

They then emailed a “License Nullification and Release Agreement” which I was to sign in order to process the refund. The agreement said, among other things, that I agreed to be liable for any damage done to them by statements I may make about any dealings with them including “the posting of comments or threads on any website or trading forum on the Internet.” They also wanted to charge me for shipping. I refused to sign the agreement and told them I would use arbitration via my credit card if necessary. They responded that they would issue a credit in full which I received a few days later.

Had I installed the software, it would have cost me the $495 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

In more detail:

I was contacted by one of their salespersons and thought software which would apply a neural technology was intriguing. Their used-car sales marketing approach seemed dubious at best, and I inquired into their return policy. I was told there was a 15 day refund period. I thought this was a short period but was still somewhat intrigued by neural networking and agreed to purchase the software after my salesperson said that there would be a statement about the refund in the confirmation email. What I received was the following:

… I just wanted to let you know that the 15 day money back guarantee is in your license agreement with your downloadable links which were sent out to you!

I followed the links and checked the license agreement before even attempting to download the software. The contract was VERY lengthy and several pages into it I found the following:

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20. Refund. Licensed Package may be returned at Licensee’s expense for a partial refund (excluding a $495.00 refund processing fee) provided ... [conditions] ... the original CD-ROM containing VantagePoint must be returned to Market Technologies (as specified herein) and postmarked by Licensee within fifteen (15) calendar days from the Date of Initial Receipt by Licensee (“Return Period”). It is strongly encouraged that Licensee use a traceable, overnight carrier to ensure compliance with the provisions of this section, as there will be no exceptions should this time frame not be met…

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Nothing had been mentioned about the $495 “processing fee.” In addition the agreement makes the 15 days absolute since “there will be no exceptions should this time frame not be met.” However, the email which came with the download links made it sound like there was 21 days:

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Once you complete the initial activation, you will have access to the full product for a registration period of 21 days. This period gives you the opportunity to consider a variety of areas before deciding which ones you would like to register.

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I immediately cancelled the order, however there was a physical disk and manual which had already shipped. I told them I would simply refuse the package, they told me my card would be credited after the package was refused.

A couple days later I received their “License Nullification” agreement, which in addition to removing and returning all copies of the software had the following clauses:

4. Confidentiality. The Releasing Party represents and warrants to the Company that it will keep (and will cause its affiliates to keep) the transactions contemplated in this Agreement and all negotiations, communications and dealings relating to the License, the Software and to this Agreement completely confidential and will not disclose any of the information … in any public forum or communications medium, including, but not limited to, the posting of comments or threads on any website or trading forum on the Internet.

6. Remedies; Attorneys’ Fees. The Releasing Party acknowledges and stipulates that the Releasing Party’s or any of its affiliates’ breach of the restrictive covenants in Section 4 of this Agreement will result in irreparable injury to the Company for which monetary damages alone would not be an adequate remedy. Therefore, the parties agree that in the event of a breach or threatened breach of confidentiality, the Company shall be entitled to specific performance and injunctive or other equitable relief as a remedy for any such breach or anticipated breach … Furthermore, … the Company shall be entitled, in addition to any other available remedy, a return of the Refund and recovery of all damages suffered by the Company or any of its affiliates, to the extent ascertainable…

I replied in an email that there was no need for a “nullification agreement” since there was no License Agreement in effect and the software had never been in my possession. I told them I wanted a credit for the full amount, which they then agreed to do.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
3 of 3 people have found this review helpful.
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Horror-Supp min+rush-just trying to sell SW Hard Sell...
SCAM SCAM SCAM - $10,000 down the drain...

WITHOUT A DOUBT one of the biggest scam/rip-offs (whatever you want to call it) and most expensive scams on the web for trading software.

The guy (Jason Baker) even SCAMMED me into submitting a review with a photo, in exchange for a software discount.

This way, if i tried to cancel they had something on me.

DON'T LET THEM FOOL YOU (A SCAM IS A SCAM BY ANY NAME)

Support is minimal and rushed.

Stock packages are missing half, if not more than, the exchange traded stocks.

If you try to cancel:

1. they tell you that you'll lose $495 without even installing or trying the software out, not sure what it is now.

2. they rush you through the screening tutorial, but claim unlimited support

3. support never gets back to you in a timely fashion, if they do at all; when they do, it's weeks later.

4. THEY OVERALL SUCK!!!

BUYER BEWARE!!!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
5 of 5 people have found this review helpful.
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Scam!
The decision is base on yesterday's actual. There is NO support. They claim they have the best support, it took me three phone calls in one day to get to my no-support person. Save your money.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
3 of 3 people have found this review helpful.
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Scam!
If your marketing revolves around the ability to forecast markets with up "86% accuracy", then you should be able to outperform a very simple formula.

I can outperform Vantage Point's accuracy on many of the same markets! How? By using this simple formula:

A = average price of yesterday and the day before yesterday

B = today's price

C = average price of tomorrow and the day after tomorrow

If B > A, then predict C will be higher than A

If B < A, then predict that C will be lower than A

Hidden in their disclaimer is the description of how they determine if their forecasts are accurate:

"VantagePoint’s accuracy statistics were computed... (to indicate) whether the average of tomorrow’s typical price and the typical price of the day after tomorrow (both unknowns at this time) are expected to be higher or lower than the average of yesterday’s typical price and the typical price of the day before yesterday."

Read it carefully. All they are saying is that if today is Wednesday, then they will predict whether the average of Thursday and Friday will be higher or lower than the average of Monday and Tuesday. This is not hard. The odds are very high that if Wed's price is already higher than the Mon/Tues price then the Thurs/Fri price will also be higher than the Mon/Tues price (and vice versa). Using this criteria of "accuracy" you could use my formula to make accurate forecasts of rolling dice, flipping coins, etc...

Why pay $2900 for "accurate forecasts" that don't provide any statistical edge?

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
6 of 6 people have found this review helpful.
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Totally useless
I listened to the claims of this product and bought it. I have been ripped off during my trading education experince, but never this bad. I tried for months to find one person who was using the product successfully and never did. There was nothing of value in this software.Also they claimed that I would get all the updates for free. Also a lie. Flipping a coin would be better that this.

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5 of 5 people have found this review helpful.
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Pretty much a wast of time and money
tried it out, lost money. I vote no.

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5 of 6 people have found this review helpful.
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Displaying 1-9 of 9 Total Reviews
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