View Full Version : Vectorvest???
Websman
10-11-2004, 10:59 PM
Has anyone tried vectorvest.com?
I've been checking a few stocks through them and they seem to cover every angle. I'm thinking of trying a $9.95 one month trial. If anyone has already tried it or any other sites out, let me know.
Thanks,
Webs
spikefader
10-12-2004, 12:13 AM
The King won't be happy!
vectorvest.com has this to say about ELN:
"Analysis Summary
ELN is overvalued compared to its Price of $21.88 per share .... "
scifos
10-12-2004, 12:58 AM
I like it, sometimes I just check their free report before I buy just to see what they say.
Websman
10-12-2004, 06:12 PM
I like it, sometimes I just check their free report before I buy just to see what they say.
Thats why I'm going to try the trial out. I've been impressed by their thorough analysis of stocks. I also have a good friend who suscribes and told me that he has done well with a lot of their picks.
I'll try the one month trial and let you guys know how it went. I'm sure they're a fine company, but they could never be as huge as $$$Mr Market$$$.
scifos
10-12-2004, 06:56 PM
Keep me posted
Websman
10-18-2004, 11:12 PM
Alright, I have signed up for a 5 week trial of Vectorvest. We will now see how good it really is.
I probably won't buy any of their picks until I get a better feel for the service. Also I'm waiting for earnings season to get over with.
They have many different recommendations for different investing styles, so it'll take a few days for me to sort it all out.
they do, however, list the top overall rated Vectorvest picks, so here are the top 5 from that list ...
1. DDN
2. WWW
3. HURC
4. ONYX
5. ALDN
Here are a couple more that popped up on a few of their other lists ...
1. GRA
2. JUPM
3. WITS
I like these 3 a lot. I've been watching JUPM and WITS for a while anyways. I actually bought and sold WITS for a profit a few months back. Too bad I didn't hold it longer...
Is Vectorvest any good??? We shall soon see.
billyjoe
10-19-2004, 12:15 AM
Websman, I sold DDN today. It was so good I chickened out. Check out the chart the right side is almost straight up. I track everything on paper. Last 6 weeks : 14.02,15.10,16.19,1749,18.39,19.41,and today 20.85. If this is another TASR, I'll shoot myself, still it's a nice fast profit, but how much is left?
billyjoe
Websman
10-19-2004, 07:15 PM
It looks your being chicken paid off.
DDN closed at 29.45, down $2.65...ouch. It's a good thing you sold.
I see no real bad news to cause the price to drop like it did, other than it's filling the gap.
Vectorvest shows that DDN is undervalued and the actual value is $29.45.
I'm not willing to take the chance, but there could be a bounce back up tomorrow.
The Vectorvest trial period continues...
Websman
10-19-2004, 09:31 PM
DDN was dropped from the Vectorvest top 5 list.
Here's the new list ...
1. HURC
2. ALDN
3. URBN
4. ELOS
5. ONYX
Let's see how long these stay on the top 5
scifos
10-19-2004, 10:17 PM
Looks like its pretty expensive, but if it works then its worth it. Now I'm really interested in how it does for you Websman.
Websman
10-20-2004, 08:46 PM
Looks like its pretty expensive, but if it works then its worth it. Now I'm really interested in how it does for you Websman.
It is very expensive, but $9.95 for the trial is not a bad deal. I may not buy any of their picks but I'll keep an eye on them and see how they do. I'll keep you guys updated on the Vectorvest, top 5 list.
The list is the same today. They still recommend caution on going long. I agree.
Websman
10-21-2004, 08:09 PM
I received my Vectorvest software today and just got it installed. I was impressed with the package, which included a tutorial CD, installation CD, quick start guide and 3 informational books. I won't have much time until this weekend to take a closer look. Even if the trial period turns out to suck, I can't complain about everything I've gotten for $9.95.
Here's the updated Vectorvest list:
1. ALDN
2. SGTL
3. WWW
4. URBN
5. HURC
The daily analysis of the market looks encouraging. Here's what they had to say:
"Tech stocks soared today while Blue Chips lagged behind. With two green lights and an UpUp situation, it's OK for Prudent Investors to go bottom-fishing and bargain hunting. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside. For those of you who are "Riding the Wave," we will go long tomorrow with one of the following strategies if the market continues to rally"
I went bottom fishing, through their searches and came up with these canidates:
1. VOD
2. ORCL
3. AHPI
4. PER
Who knows how these picks will do. I haven't bought any of them, instead I bought my own pick, DHB. DHB is rated as being undervalued, having below average safety, and is rated a hold. So, I went against the Vectorvest recommendation. At least it's undervalued...
Does that mean I will lose on this trade? It will be interesting to see who does better on their picks, Vectorvest or me. If the Vectorvest picks outperfrom my pick, I'll be more confident in their picks.
I will post my verdict in 5 weeks...
Websman
10-21-2004, 08:14 PM
Oh...by the way.
I'm also impressed by all the different ways you can find stocks on Vectorvest. They use many different styles, including chart analysis, fundamentals, agressive, conservative, etc...
It's an easy way to find stocks to suit your trading style and it's not just a site that picks stocks for you. Is that worth $59 bucks a month? It may be...
Websman
10-26-2004, 09:07 PM
Here's my latest take on Vectorvest... It seems to be a great tool for finding stocks based on your own criteria, but I'm still not sure if it's worth $59 for the basic service.
If I did subscribe, I would probably drop my IBD subscription. I love IBD, but the - - - - - newspapers keep piling up! I wish IBD would let you subscribe to the web site only.
I also like the Vectorvest reports on stocks. But...You can get 3 free reports per day without subscribing. Their reports are very detailed and informative. As far as the daily market analysis, they're not telling me anything I don't already know.
Being I'm a part time trader, I don't see the need for such an expensive service, at this time. Besides, I have access to Mr Markets site for free!
Stay tuned, as my opinion could change before my 5 week trial period expires...
scifos
10-26-2004, 11:35 PM
Interesting
Websman
11-06-2004, 07:10 PM
The market is in full swing...
Will the Vectorvest top 5 perform along with it?
Here's this weekends top 5 stocks, according to Vectorvest...
1. ANF
2. USG
3. URBN
4. BEBE
5. ALDN
scifos
11-09-2004, 12:00 AM
Webs: on vectorvest, try clicking on "Market Timing Graph" under "Charts & Graphs" on the main page, set the period to all weekly, and click "Markers" and choose "Market Timing Dates" and tell me what you think. Seems like they are almost completely wrong most of the time, forcasting Up at the peaks and Down at the bottom quite often.
Websman
11-09-2004, 10:25 PM
Webs: on vectorvest, try clicking on "Market Timing Graph" under "Charts & Graphs" on the main page, set the period to all weekly, and click "Markers" and choose "Market Timing Dates" and tell me what you think. Seems like they are almost completely wrong most of the time, forcasting Up at the peaks and Down at the bottom quite often.
For some reason, my computer keeps freezing when I click on the "Market Timing Graph". I'll try it again tomorrow. Might be time for a new Dell.
So far, the only thing I like about Vectorvest is the stock reports.
Websman
11-13-2004, 09:10 PM
Vectorvest top 5 -
1. ALDN
2. URBN
3. WLP
4. ANF
5. MFLX
Good picks, but they look over extended to me.
Websman
11-17-2004, 07:36 PM
I'm already losing faith in Vectorvest.
It's a good way to search for new canidates, but I don't see the justification for the high monthy subscription fee.
Websman
12-02-2004, 06:08 PM
My Vectorvest trial period is now officially over.
Here is my conclusion - Vectorvest is a great for finding stocks, but in my opinion, it is not worth the high subscription fee. I have found another site that is much cheaper and a better place to find stocks.
It's called www.mrmarketishuge.com
Webs
Gatorman
12-18-2005, 10:41 AM
My Vectorvest trial period is now officially over.
Here is my conclusion - Vectorvest is a great for finding stocks, but in my opinion, it is not worth the high subscription fee. I have found another site that is much cheaper and a better place to find stocks.
It's called www.mrmarketishuge.com
Webs
Webs/Scifos
I have decided to try the Vectorvest system. I have not yet received my software package after signing up 7 days ago. How long did it take for you to get your software?
I also get a couple of error messages when accessing some parts of the program on-line. Interestingly enough, they do not have a toll-free tech support number and I can't seem to get them to respond via E-Mail although they tout a 24 hr maximum response time. That is not encouraging.
I have been trying to find results if you pick their top 5 or 10 VV port stocks over the past 6 months but cannot find that on their site. I also am looking for the same in any of their searches but most for their aggressive "Riding the Wave" approach.
Were you able to find any verifiable results listed. They backtest some hypotheticals but do so with search criteria purposefully selected and tested from know market trend dates. It seems more "cherry picking' than reality.
I tend to agree that the system clearly points out what we already know but I don't see a lot to justify the price.
Your comments would be appreciated.
skiracer
12-18-2005, 12:30 PM
Webs/Scifos
I have decided to try the Vectorvest system. I have not yet received my software package after signing up 7 days ago. How long did it take for you to get your software?
I also get a couple of error messages when accessing some parts of the program on-line. Interestingly enough, they do not have a toll-free tech support number and I can't seem to get them to respond via E-Mail although they tout a 24 hr maximum response time. That is not encouraging.
I have been trying to find results if you pick their top 5 or 10 VV port stocks over the past 6 months but cannot find that on their site. I also am looking for the same in any of their searches but most for their aggressive "Riding the Wave" approach.
Were you able to find any verifiable results listed. They backtest some hypotheticals but do so with search criteria purposefully selected and tested from know market trend dates. It seems more "cherry picking' than reality.
I tend to agree that the system clearly points out what we already know but I don't see a lot to justify the price.
Your comments would be appreciated.
Gator,
I took the 5 wk. free trial myself about 3/4 weeks ago just to run it and try it out. I got the online version and have found it somewhat useful. I like their procharts and their rating system but it really doesn't fit into my type of trading strategys. I'm coming to an end to the trial subscription and don't think I will be taking out a subscription.
I don't know if you have read or heard me mention this outfit previously but their name is Morpheus Trading Group. It's run by a guy named Deron Wagner. Their web site is Morpheustradinggroup.com. He's as sharp a trader as I've come across and his winning record proves it. He is basically a short term swing trader. They offer two subscriptions. One to his Wagner Daily report which deals exclusively with ETF's (exchange traded funds) and the second to his Stalk Sheet which deals exclusively with stocks. It's an education in itself on everything to do with technical analysis. The Wagner Daily is $49 a month and the Stalk Sheet is $149 a month. You can get a combined price of $175 a month if you subscribe to both at once. He offers a free 1 month, no obligation whatsoever, free trial to each. If you don't earn way more than the subscription price each month I would be surprised and would have to believe you're not following his lead. I've been a subscriber for over two years now and the results are outstanding plus the education in technical analysis is worth the subscription price. It doesn't cost a nickel to run it for a month.
Gatorman
12-18-2005, 12:46 PM
Ski:
I had seen you mention Morpheus before but had not followed up to research it. Will check it out. The TA education itself sounds very attractive. Thanks.
skiracer
12-18-2005, 12:54 PM
Ski:
I had seen you mention Morpheus before but had not followed up to research it. Will check it out. The TA education itself sounds very attractive. Thanks.
Gator,
The first month is free and you'll come away from it much more tuned in to a professional traders take on short term swing trading. He's as disciplined as they come and the educational value in that alone is worth it. Plus he explains each an every move. You'll thank me before the first month is over.
Gatorman
12-18-2005, 01:51 PM
Gator,
The first month is free and you'll come away from it much more tuned in to a professional traders take on short term swing trading. He's as disciplined as they come and the educational value in that alone is worth it. Plus he explains each an every move. You'll thank me before the first month is over.
Ski:
It sounds very interesting. I am browsing the site now. He seems to discourage anything other than actions based on established criteria and, as you indicate, a totally disciplined approach. The only question I have now is when to begin my free trial. With past history in mind, do you think I should begin the trial next week or wait 2 weeks until the yearend turmoil is over and start my trial in January?
skiracer
12-18-2005, 01:58 PM
Ski:
It sounds very interesting. I am browsing the site now. He seems to discourage anything other than actions based on established criteria and, as you indicate, a totally disciplined approach. The only question I have now is when to begin my free trial. With past history in mind, do you think I should begin the trial next week or wait 2 weeks until the yearend turmoil is over and start my trial in January?
Gator,
Good question. I would wait until after the first week in January. With Christmas and the New Years etc.., holidays coming on, they might be going on vacation or limit their trading activities etc. during this time period. It makes sense to wait until after the 1st of the year. I would wait. They'll still be there. NTAP was one of their leads and setups and my most recent trade. Just for fun check out what VV has to say about them. They give NTAP pretty high marks in evey catagory. Just a conincidence I guess.
I wasn't really trying to knock VV. I actually do like the service, especially their Strategy of the Week an other Stragegys that you can setup and run and backtest. I've been experimenting with several of their catagories an I think they're pretty neat and seem to hold water. It's just that I'm a short term swing discipline and they are a longer term strategy it seems. They do give great fundamental info in a wide range of areas. Glad you're going to try Morpheus. It's free so what can you lose?
Gatorman
12-18-2005, 02:16 PM
Ski:
Like you, I am still checking out VV. They are quite high on NTAP so that does say something regarding their opinion in that particular case. I still have concerns with any service that does not either have a toll-free support number nor answers their E-Mails from support in a timely manner. I would also like VV to do as Morpheus does and list how their top 10 VV selections have performed over the past qtrs. If the results were stellar, I would think they would be easy to find and verify. In any event, will continue to tinker with VV and get into Morpheus in January. Looking forward to checking out Morpheus.
skiracer
12-18-2005, 02:31 PM
Ski:
Like you, I am still checking out VV. They are quite high on NTAP so that does say something regarding their opinion in that particular case. I still have concerns with any service that does not either have a toll-free support number nor answers their E-Mails from support in a timely manner. I would also like VV to do as Morpheus does and list how their top 10 VV selections have performed over the past qtrs. If the results were stellar, I would think they would be easy to find and verify. In any event, will continue to tinker with VV and get into Morpheus in January. Looking forward to checking out Morpheus.
If you follow his lead, with regard to initial entry points, stop placement and trailing stops, an exits, you'll do very well. You'll get stopped out of a number of positions but the winners will run out and they will overcome whatever the loss % is due to getting stopped out and cutting any losses early.
Gatorman
12-18-2005, 02:45 PM
Ski:
Sounds very intriguing. Looking forward to the trial. I need something to keep me busy between Mr Market winners and I am always happy to find new ways to make money.
Gatorman
12-18-2005, 03:51 PM
Ski:
In doing a little research on Morpheus, it is interesting to note most of the shorting in the 4th qtr with individual stocks was in home builders. Gold also played a key role in strategies. Very interesting. I continue to look deeper.
skiracer
12-18-2005, 06:28 PM
Ski:
In doing a little research on Morpheus, it is interesting to note most of the shorting in the 4th qtr with individual stocks was in home builders. Gold also played a key role in strategies. Very interesting. I continue to look deeper.
Gator,
You've noticed that they have been in all the right spots at the right times. Been in gold ETF (GLD) for quite awhile and have rode it up from the low/mid $40 range. They started shorting the builders a long while back when I first talked of them taking a fall. Deron makes the right moves in the right sector ETF's and then plays the corresponding stocks as the setups show themselves. They're always in the right direction of the current trend or in cash. I was posting a few of their plays awhile back but I don't think anyone payed much attention to them an I don't think anyone has ventured to take a shot at the 1 month free trial so you might be the first. I've been paying the $175 a month for two years or so now and have made a ton of money with them but aside from a few of their picks over the past month or two I don't post their setups here. It's quite easy to get them though if you're willing to take the free trial and then put up the $175 a month. Apparently you've seen the site and read their archives and record of past trades and gains and losses. It's all there in black and white and for anyone to see. They're as up front about their record as anyone could ask. You really can't ask for anything more than that as far as honesty about what they're doing an have done is concerned.
This is an important point. If you're going to invest in the subscription price you really should make all the triggered entries because if you don't then you will be trying to pick which ones you think are good or better and it won't work that way. A number of their plays will get stopped out and if you don't play all of them you could end up playing only the ones that get stopped out and miss some of the big winners. Read their take on position sizing in proportion to their position sizing. You size according to your capital allotment and you may only end up buying 30/40 shares of a play because of the price but it's the percentage of gain vs the amount invested that counts an it all adds up in the end.
Gatorman
12-18-2005, 07:11 PM
Ski:
Thanks for the information. It is always helpful to learn from the experience of others whose knowledge is based on positive results. Am definitely going to take advantage of your suggestions when I start the trial subscription in January. I had noted in the past that you had mentioned the merits of gold stocks and shorting some issues. Glad you made money on the trades and I look forward to some gains of my own. Have been mostly involved in positions on the long side and have had limited experience shorting. Will have to do my homework before I begin.
skiracer
12-18-2005, 07:44 PM
Ski:
Thanks for the information. It is always helpful to learn from the experience of others whose knowledge is based on positive results. Am definitely going to take advantage of your suggestions when I start the trial subscription in January. I had noted in the past that you had mentioned the merits of gold stocks and shorting some issues. Glad you made money on the trades and I look forward to some gains of my own. Have been mostly involved in positions on the long side and have had limited experience shorting. Will have to do my homework before I begin.
Like Clint Eastwood says, "a man has to know his parameters". You'll pick up alot about the technical side from Morpheus.
Websman
12-18-2005, 08:30 PM
Ski:
Sounds very intriguing. Looking forward to the trial. I need something to keep me busy between Mr Market winners and I am always happy to find new ways to make money.
Keep us posted.
I wasn't too impressed with Vctorvest.
Lyehopper
12-18-2005, 11:35 PM
Ski:
Like you, I am still checking out VV. They are quite high on NTAP so that does say something regarding their opinion in that particular case. I still have concerns with any service that does not either have a toll-free support number nor answers their E-Mails from support in a timely manner. I would also like VV to do as Morpheus does and list how their top 10 VV selections have performed over the past qtrs. If the results were stellar, I would think they would be easy to find and verify. In any event, will continue to tinker with VV and get into Morpheus in January. Looking forward to checking out Morpheus.
It's impossible to learn Vector-Vests software in five weeks.... Remember this software (and database) is a technical tool and nothing more. You must do further fundamental dd on any stocks you pull from Vector-Vest. As you should do anyway.
Vector-Vest dosen't have a top ten list, nor do they recommend stocks at all. They are not even remotely a service like Morphius or poormans.... I would compare them more to TC-2000 (but still not exactly the same).... They have a rating system based on numerous technical "vectors" and that's basically how it works. The software package is far beyond the free reports you can pull off the internet, IMO those reports and stock "values" are mostly BS anyway.
The unisearch feature and portfolio tracker are awesome. You need to spend some time figuring that unisearch feature out, If you don't.... you've missed Vector-Vest's true value. ProTrader Graphs are great too.
Have you called the toll free number and complained about the delays and unanswered emails Gator?.... Try this toll free number 888-658-7638..... Their technical support guys have always been very helpfull to me and since I have free long distance the technical support phone number really dosen't bother me..... I've been a subscriber since Version 5.0 (1999). The great thing about living in Flordia (like you do) and having Vector-Vest is that there are numerous V-V user groups in Florida.... you could join one. Once you really understand it, you'll be impressed.
Just for the heck of it, I'm gonna play a short pick in the POTW this week that I will pull from a unisearch short search I created this summer. Let's see how it works out....
skiracer
12-18-2005, 11:46 PM
It's impossible to learn Vector-Vests software in five weeks.... Remember this software (and database) is a technical tool and nothing more. You must do further fundamental dd on any stocks you pull from Vector-Vest. As you should do anyway.
Vector-Vest dosen't have a top ten list, nor do they recommend stocks at all. They are not even remotely a service like Morphius or poormans.... I would compare them more to TC-2000 (but still not exactly the same).... They have a rating system based on numerous technical "vectors" and that's basically how it works. The software package is far beyond the free reports you can pull off the internet, IMO those reports and stock "values" are mostly BS anyway.
The unisearch feature and portfolio tracker are awesome. You need to spend some time figuring that unisearch feature out, If you don't.... you've missed Vector-Vest's true value. ProTrader Graphs are great too.
Have you called the toll free number and complained about the delays and unanswered emails Gator?.... Try this toll free number 888-658-7638..... Their technical support guys have always been very helpfull to me and since I have free long distance the technical support phone number really dosen't bother me..... I've been a subscriber since Version 5.0 (1999). The great thing about living in Flordia (like you do) and having Vector-Vest is that there are numerous V-V user groups in Florida.... you could join one. Once you really understand it, you'll be impressed.
Just for the heck of it, I'm gonna play a short pick in the POTW this week that I will pull from a unisearch short search I created this summer. Let's see how it works out....
Lye,
I have been playing around with an using and learning the unisearch features an I have to agree with you it is pretty neat and there are a lot of other neat features which I do like. Being basically into the short term swing thing I'm more inclined to be air mobile with the TA side of things. I do like their rating system and buy, hold, and sell signals. Like setting up your own custom scans it's a good place to start to look for setups and stocks.
Morpheus is a completely different type of service being that they give you what they're trading and their discipline is much more closely aligned with what I'm trying to do. Vector Vest is good and even better if it fits into what your trying to do and strategys in doing it. And you're right about needing time to really run it, learn it, and get comfortable with it.
Gatorman
12-19-2005, 07:03 PM
Lye:
I am glad to hear from you. I 1st looked at the Vectorvest website after reading one of your posts which indicated you were quite pleased with their service and was a long-time subscriber. When I hear anybody recommending a site, I look to see how much experience they have had with the product and value those opinions with a long track record and consistent results.
I cannot speak to what the software shows as I have yet to receive mine. I have watched all of their pre-recorded videos and, in their presentations, they make the point that the on-line version, which is the access and information that I currently possess, is the same in terms of the Pro-Trade software version as is the Unisearch tool. Again, I cannot verify this statement as I have not yet received the software package 7 days after signing up.
There does seem to be a variety of tools to create searches using many different variables using the Unisearch series of screens.
The toll-free number they list is for sales only. Their Tech Support number is a local number(for North Carolina-long distance for others) 704-895-4095. I have sent another E-Mail to their Tech Support. Will try the sales number if I do not get a response.
There does apppear to be a wealth of material. I just wish I could get the necessary tools from them to explore the possibilities. Unfortunately, the initial impressions they are leaving with their lack of service response is discouraging to say the least.
Lyehopper
12-20-2005, 10:49 AM
Lye:
I am glad to hear from you. I 1st looked at the Vectorvest website after reading one of your posts which indicated you were quite pleased with their service and was a long-time subscriber. When I hear anybody recommending a site, I look to see how much experience they have had with the product and value those opinions with a long track record and consistent results.
I cannot speak to what the software shows as I have yet to receive mine. I have watched all of their pre-recorded videos and, in their presentations, they make the point that the on-line version, which is the access and information that I currently possess, is the same in terms of the Pro-Trade software version as is the Unisearch tool. Again, I cannot verify this statement as I have not yet received the software package 7 days after signing up.
There does seem to be a variety of tools to create searches using many different variables using the Unisearch series of screens.
The toll-free number they list is for sales only. Their Tech Support number is a local number(for North Carolina-long distance for others) 704-895-4095. I have sent another E-Mail to their Tech Support. Will try the sales number if I do not get a response.
There does apppear to be a wealth of material. I just wish I could get the necessary tools from them to explore the possibilities. Unfortunately, the initial impressions they are leaving with their lack of service response is discouraging to say the least.
Personally I don't like the online version although I have it in my package. I use the downloadable version with super extended database (I download nightly, it takes less than ten minutes). I can freely work in V-V and never be hampered by internet glitches, speed issues or connection problems.
Hey Gator.... If you call the toll free sales line, complain to them and leave your phone number.... I'm sure they'll have a technical support guy call you back. If it's been seven days, someone has dropped the ball on you dude.... you need to complain (LOUDLY) and have them extend the trial period.
Gatorman
02-04-2006, 04:58 PM
I am coming to the end of my 5 week Vectorvest trial and will, as I had promised , report my experience.
First, I will try to explain what Vectorvest is and is not. The major thrust of the site is it's huge database of over 8000 stocks and it's proprietary rating systems. While the method of chosing the stocks is not specifically detailed, it is huge and includes stocks from those with high value down to penny stocks. The VV composite ranks those stocks using their proprietary system that includes weighting for value, safety and timeliness. An overall rating is assigned to those and can be sorted in a myriad of ways. This huge basket can be back tested for years for results. This ability evokes much praise on the Yahoo board from members(a discussion area that is similar to MM in civility).
The thing that is an area of concern on the board is the lack of credible timers for entry and exiting of positions with VV. Success rates vary quite a bit from those reporting on the board but lack of timers is highly criticized.
If one is seeking to backtest stocks, the service offered by VV is excellent.
You can screen for stocks using a variety of pre-designed screens or create your own. The method of screening very closely resembles MSN Money Central to the point that I wonder if the same designer was the author for both. MSN is, however, a free site and VV is not.
I know that several people on this board who like to backtest individual and baskets of stocks use VV and I am sure that it has everything to satisfy their needs.
If one wants to screen stocks using their own criteria and not have the availability to backtest, you can do much the same at MSN but not have the benefit of VV's proprietary rating systems.
There is so much to the site that it is difficult to absorb it all. A 5 week trial is certainly not enough time to do so.
You can purchase certain "bells and whistles" add-ons that are touted to make research easier and more "automated." These would be added if one decides to become a subscriber and can cost up to $2,000. Seminars are offered from time to time in major cities for $195 up. Telephone live classes are available without entry fee but subject to long-distance phone charge to a NC number.
A lot of the pre-designed screens end up selecting low price stocks with their attendant volatility. A "sample" portfolio, personally selected and managed by the owner/author of the system, is presented on the site although the reasons for his moves are not explained nor his recent sale of stocks listed as "buys" (during the market selloff last week).
All in all, there is a lot there to like. There is also a lot there to ponder over.
There is so much there that I suggest those that have an interest, give it a test drive. After all, $9.95 ventured for a trial that may end up being something you might love is well worth it. However, be prepared to spend a lot of time sorting through it all
Once Goji hits the market, it will probably sell for much more than a paltry $9.95.
Lyehopper
02-04-2006, 11:23 PM
I am coming to the end of my 5 week Vectorvest trial and will, as I had promised , report my experience.
First, I will try to explain what Vectorvest is and is not. The major thrust of the site is it's huge database of over 8000 stocks and it's proprietary rating systems. While the method of chosing the stocks is not specifically detailed, it is huge and includes stocks from those with high value down to penny stocks. The VV composite ranks those stocks using their proprietary system that includes weighting for value, safety and timeliness. An overall rating is assigned to those and can be sorted in a myriad of ways. This huge basket can be back tested for years for results. This ability evokes much praise on the Yahoo board from members(a discussion area that is similar to MM in civility).
The thing that is an area of concern on the board is the lack of credible timers for entry and exiting of positions with VV. Success rates vary quite a bit from those reporting on the board but lack of timers is highly criticized.
If one is seeking to backtest stocks, the service offered by VV is excellent.
You can screen for stocks using a variety of pre-designed screens or create your own. The method of screening very closely resembles MSN Money Central to the point that I wonder if the same designer was the author for both. MSN is, however, a free site and VV is not.
I know that several people on this board who like to backtest individual and baskets of stocks use VV and I am sure that it has everything to satisfy their needs.
If one wants to screen stocks using their own criteria and not have the availability to backtest, you can do much the same at MSN but not have the benefit of VV's proprietary rating systems.
There is so much to the site that it is difficult to absorb it all. A 5 week trial is certainly not enough time to do so.
You can purchase certain "bells and whistles" add-ons that are touted to make research easier and more "automated." These would be added if one decides to become a subscriber and can cost up to $2,000. Seminars are offered from time to time in major cities for $195 up. Telephone live classes are available without entry fee but subject to long-distance phone charge to a NC number.
A lot of the pre-designed screens end up selecting low price stocks with their attendant volatility. A "sample" portfolio, personally selected and managed by the owner/author of the system, is presented on the site although the reasons for his moves are not explained nor his recent sale of stocks listed as "buys" (during the market selloff last week).
All in all, there is a lot there to like. There is also a lot there to ponder over.
There is so much there that I suggest those that have an interest, give it a test drive. After all, $9.95 ventured for a trial that may end up being something you might love is well worth it. However, be prepared to spend a lot of time sorting through it all
Once Goji hits the market, it will probably sell for much more than a paltry $9.95.
Hey Gator.... Did you create and run any searches?
Gatorman
02-05-2006, 09:01 AM
Hey Gator.... Did you create and run any searches?
Lye:
Yes, I created some searches that were variations from theirs but incorporated some parameters that I like such as stock price ranges and volume. I also created several from scratch. Using a "quick test" feature, you can quickly backtest a few months. If you want longer backtest, you can go back many years. Like I said earlier, if one wants to fully utilize their site, they must be prepared to put in a lot of hours working with it.
The results I got were not much different from what I get with MSN. That is why I wonder if the same person created both. I think it all boils down to what a person's particular style of investing happens to be. I like stocks that are at or near 52 week highs, have been consolidating for a time and have a TA pattern that I like in conjunction with the oscillators that I prefer. I'm still not sure if the results returned when their proprietary VST rankings are superior. Guess I've got to make up my mind pretty soon.
Incidentally, a couple of stocks the MM board likes have been fairly prominent on their list recently. LUFK was one and DBRN is another example as well as AAPL.
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