Thread: VantagePoint/Market Technologies software?

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  1. #1

    Default VantagePoint/Market Technologies software?

    What do you guys make of this: Market Technologies Intermarket Analysis Software
    Anyone tried it before? Does it work at least 1% of what they are saying? Is it a scam? Anyone any experience?
  2. #2

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    if you search the reviews section of this site, you'll find your answer
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  3. #3

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    vantagepoint
    Quote:
    Originally Posted by TheSpreadBetter View Post
    What do you guys make of this: Market Technologies Intermarket Analysis Software
    Anyone tried it before? Does it work at least 1% of what they are saying? Is it a scam? Anyone any experience?
    hi
    regarding vantagepoint, i bought the 3 market module from tradertech around the end of 2005, the 3 market modules were Dow jones index, the S&P500 index, and EURO/USD.
    basically, you have to subscribe to an end of day data provider, recommended by tradertech, which costs around $30 U.S.D per month.
    you download the data at the end of each trading day, or early the following morning and the vantagepoint software provides you with predicted highs and lows for each of your modules for the next day's trading session, plus tells you whether they consider the short term and intermediate trends to be up, or down.
    the idea is that, say the software considers the short term trend for the Dow to be up,they suggest you wait for the Dow index to drop down to the predicted low for that particular day, then buy at or near their predicted low, and hopefully selling at a higher price either intraday, or after the index has risen strongly for a few days.
    in my opinion the software is too expensive, plus you have to pay out each month for the data feed.
    if you need any more information you are welcome to send me a message.
    best regards and good luck with your trading.
    john
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  4. #4

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    But does it predict it at least 51% accurate? It doesnt matter how much it costs as long as it WORKS.
  5. #5

    Default

    Quote:
    Originally Posted by TheSpreadBetter View Post
    But does it predict it at least 51% accurate? It doesnt matter how much it costs as long as it WORKS.
    it doesnt predict anything and no it doesnt work. it is not a trading system.
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    Interesting articles about proprietary trading, including whether you should pay a prop firm for training (don't).

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