vantage point softwareUtilizing A. I software for investment decision making
Anyone have any experience with this company?
They claim to have an 86% accuracy rate in predicting when it is the time to buy, sell or place options on stocks.
Louis
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
I have the same question … they are really hawking this. I attended the full presentation, and it was really impressive, but they also tell you that this isn’t designed to make money quickly. I think the value is that if you were closely monitoring, it would have saved you the roller coaster ride back last March/April. You could have gotten off the sled, and then jumped back on at the right moment. I own AXSM, for example. It has recently vacillated between $65-$85. It would be nice to buy and sell it if you could predict the swings…even if you are only right 70% of the time. The thing is, I’m a 3-10 year buy and hold guy, so might I make money being able to better time the dip and peaks? Perhaps, but is it worth the aggravation of doing so? I don’t want another full-time job. But while intriguing, like you, I’m not sure I’m ready to take the plunge.
I have listened to the presentation two times, very impressive. I don’t know if I trade enough to make it worth while, it’s a little pricey. I would like to hear from someone that is using it and what their experience is. THanks
86% does NOT mean an average o f 86 percent. Also, Vantage Point has a lot of bad reviews from other websites. I would like to know what the average win rate back test score year by year for a stock category is (as well as other areas such as crypto, FOREX, et) and not a lucky 86% outcome.
Once you subscribe you will be bombarded with upsell “specials” three times a week at $2k a pop. Original promotion claims the 86% number and claims their “AI” will eliminate the dreaded “analysis paralysis” chart clutter. Yet they constantly promote purchasing additional indicators to give you “more confidence”. If their “AI” software win rate is 86% out of the box, why do I need more “confidence”? During a recent promotional webinar the presenter had ELEVEN additional indicators on the chart. So they are promoting analysis paralysis.