Does vectorvest work?

[mattjames1]

So I've been looking at finance shows for a while now and I always see vector vest commercials. Does anyone know if this thing is any good?

[aiki14]

Originally Posted by mattjames1

So I've been looking at finance shows for a while now and I always see vector vest commercials. Does anyone know if this thing is any good?

They had a $9.95 trial last year and I bought it, it does a good screen based on their proprietary RSI that was pretty good, and I know a few folks from my local IBD meetup group that swear by it, but I do so many screens of my own I couldn't justify the $600+/yr fees. If I was short on time, I would more seriously consider it. Also it wasn't particularly Mac friendly.
It is very different from the tout sheets, it does a nice analysis, but it does not outright pick stocks for you. I does call market bias as well (tells you if the day is setting up to be good for longs, shorts, or to stay on the sidelines).
I find just subscribing to IBD to be more valuable overall. Hope that helps.

[freakscene]

Thanks

[pennipincher]

I know this reply is a few months later but there is not much on this forum for vectorvest, so I thought I would put my 2 cents in.

I am a beginning trader, have been trading for about 2 years. I started with Vectorvest, quit for about 8 months and went back to it. I did not do well without it. I work full time and do not have the time to research stocks. Some of the stocks I have picked with Vectorvest have done fantastic, and later turned out to be picks by winning fund mangers that I read about in articles. I have read it is not geared for day trading or long term investing which I also agree. I am a swing trader, and I have always made more than the $60 a month it costs, sometimes with only a couple trades a month. I have tried gorrilla trades (they tell you what and when to buy, no thinking required) and Reuters stock screener (you build your own screens), but Vectorvest is a whole different thing. You use their proven screens or even tweak them more yourself, or build one of your own, and you make the decisions of what to buy. I love the analysis tools and the backtest you can run on any portfolio for almost any time period. All the loser stocks I have ever gotten stuck in, would have never been on a vectorvest list to buy. They provide tutorials on the website and there are local user groups to attend. My return on my investments with Vectorvest is about 100%. It would be more if I traded more regularly and if I bought 10 different stocks at a time but I don't have the 100k they recommend to start with. I did turn 10k into 20k in one year buying and selling up to 3 stocks at a time. I can't complain about that.

[wallstreetsedge]

if youre looking for a pretty good screener, i would say try out www.stockcharts.com

you can pretty much search by almost any criteria

[howiesfunware]

Originally Posted by aiki14

...but I do so many screens of my own I couldn't justify the $600+/yr fees.

How are you doing your own screens?

[Gzapper]

if you go to wallstreejournal.com and on the very bottom they have a link that says "classic stock screener". if you click on that link you will be brought to what is called the exasperation of the RSI. as you know if u mix the RSI, moving average, bollinger bands, scrambled eggs with ham, burnt toast, fish, lettuce, and dehydronated ohh nooo james just hurt his knee! oh noo please help the sky light of zoron to fornicate heavy angle measures in buttery popcorn

[Gzapper]

fo' sheeezy

[netwrangler]

Originally Posted by howiesfunware

How are you doing your own screens?

I do pretty well, thank you. How are you doing with yours?

uhh...mine are free, of course.

[netwrangler]

ahh, I may have mis-interpreted your question.

I use the screens available to me from my broker [Schwab]. I use, as well the free screens from Yahoo Finance and the 'premium' [read 'fee'] screens from Morningstar.

As a rule, I find these screens give me more than enough data to digest.