No longer do you have to worry about sitting in front of a screen, staring at various charts all day to try to comprehend the maze that is the stock trading world.
Instead, thanks to the invention of artificial intelligence (AI), you can get different types of software to do all the hard work for you.
One such software includes VantagePoint Software. Despite being around for some time, it remains one of the most popular tools in the market.
In fact, it is marketed as being “the world’s leading AI forecasting software” – certainly something worth having a look at with such a title.
As such, we have decided to take it upon ourselves to assess the VantagePoint Software and whether or not it truly lives up to its title.
With this in mind, this guide will be looking at everything you need to know about VantagePoint, including how it works, its accuracy, and – most importantly – its pros and cons.
Let’s get straight into it.
What Is VantagePoint Software?
If you’re unfamiliar with VantagePoint, essentially, it is a trend-forecasting tool used to create predictive models thanks to the help of patented artificial intelligence analysis.
Here, users are able to forecast trends up to three days ahead. Plus, it can even predict the highs and lows of the next day.
This combines to create powerful technical analysis tools when it comes to planning exits and entries.
Moreover, it also provides users with a sophisticated suite of indicators that can be used across markets. Some of these include crypto, stocks, futures, ETFs, and forex.
Offering such a wide variety, this could be considered the softwares strongest benefit – it is not only used for stock trading.
In addition to this, thanks to its easy-to-use interface, beginners are able to start their trading journeys. Plus, it is powerful enough for advanced users to take on new angles in the market.
How Does VantagePoint Work?
One of the main benefits of this software is that it is incredibly user-friendly – so much so that even beginners can learn the ropes and start using it immediately.
Likewise, as opposed to some other platforms that struggle to provide you with analyses, all it takes is a few clicks on VantagePoint to provide you with what you need.
Once done, you can choose the investment that most interests you.
For crypto traders, this software provides helpful services that enable you to get the crypt you need without any volatile environments. This includes Litecoin, Ethereum, and Bitcoin.
Another benefit is that the tools work seamlessly together, therefore, you don’t have to worry about any lagging taking place on your website.
Last, but certainly not least, once you select the screeners, you’re provided with a ton of predictions laid out in front of you – with detailed explanations for causes, too.
The best part? All these explanations can be found inside the program, you don’t have to worry about opening a new browser or clicking away to find this information.
Who Founded VantagePoint?
Founded in 1979, the organization was the brainchild of the renowned software pioneer, Louis B. Mendelsohn.
Mendelsohn was introduced to the software scene in the late 1970s when he created his first trading software that enabled system optimization and backtesting on personal computers.
Is VantagePoint Accurate?
According to the company, the software’s predictive capabilities can reach up to 87.4% in terms of accuracy (this is third-party-verified and tested).
That said, you should keep in mind that this can vary considerably – the stock market is a very unpredictable environment.
However, the company has proven itself to be able to accurately and effectively monitor the market’s movements.
On the other hand, make sure to remember that despite the high-accuracy level, this does not mitigate all potential risks.
Is There a Free Trial With VantagePoint?
If you’re looking to learn more about VantagePoint’s artificial intelligence, then there are free classes available to make the most out of.
Here, not only can you learn more about the software but you can see it in action and learn about their expert’s current market selections – all in real-time and live.
VantagePoint Software Key Features
Now that we have determined what the company is, let’s now look at the software’s key features.
There are tons of advantageous advanced and basic features inside this software – allowing you to improve your trading game with ease.
Below, we have outlined all the key features you need to know about. These include:
1. Intermarket Coverage
Another benefit of using this software is that it doesn’t restrict you to simply using stocks alone. As such, you are able to trade in forex, Futures, and cryptos.
Moreover, you’re provided accesses to a range of different assets, too, these include:
- Forex trading – this highlights 22 pairs divided into cross and major pairs.
- Canadian stocks – pay closer attention to 14 specific sectors.
- EFTS – covers over 9 unique sectors.
- US stock sectors – covers 16 different sectors.
- Cryptos – there are ten different cryptocurrencies to focus on.
- Futures market – there are over 14 different categories and 65 individual markets.
From here, what we can see is that VantagePoint caters to a diverse range of traders – this is lacking some similar trading tools.
In some instances, with other trading tools, you have to go to different platforms each time you want to explore a different market.
With the help of VantagePoint, you’ll be saving money in the long term.
2. Intraday Analysis
For day traders, you’ll know exactly how important intraday analysis is to your trading efforts.
Since the markets are changing every minute, VantagePoint provides you with front-row seat access – allowing you to operate its services most efficiently.
Here, you can find analyses looking at breakout, momentum, and various other strategies.
If you’re looking to identify emerging stocks and plan your strategy, then this type of intel can be extremely beneficial – they are essentially the hotcakes in the trading world.
3. Trader Education
Regardless of the amount of experience you have as a trader, there is always something new to learn.
Therefore, VantagePoint provides its users with live training at no additional costs. You’re sure to end up a better investor than you set out to be.
Below, we have listed some of the topics you can expect to find in the training.
- Software introduction.
- Trade Day preparations.
- Advanced lessons on using the platform.
- Niche lessons on Options, Futures, Forex, and Crypto trading.
- Day and swing trading tips.
4. Trend Forecasting
This could be considered one of the best features of the software – allowing you to analyze the activity in the global market thanks to advanced analytics and AI algorithms.
Moreover, it provides you with a prediction that is approximately 3 days in the future – allowing you to strategize in order to eliminate or minimize losses and boost profits.
Likewise, you’ll have to market potential movements at the control of your fingertips – therefore, you can make sophisticated trading strategies with ease.
Pros And Cons Of VantagePoint Software
While VantagePoint is great software, you should be aware of the pros and cons that come with it. These include:
- Intuitive user interface.
- Powerful artificial intelligence trading software.
- Potential to reach up to 87.3% in terms of accuracy.
- Predictive indicators for over 2,300 securities.
- If you don’t already have capital invested or invest in the market; it could be a pricey expenditure.
- Doesn’t allow you to connect to brokerage accounts.
Since VantagePoint is a premium software it comes with a premium price tag.
Therefore, if you’re deliberating about signing up for the software, then it is best to try the product through free-live training.
Here, you’ll be able to learn everything about the service while gaining insight into real-time indicators, software, and strategy, without having to spend a penny.
VantagePoint Software Reviews
There are countless VantagePoint reviews from extremely satisfied customers.
Generally, users point out that the software’s indicators provide easy intel into when the markets are moving – allowing you to make necessary actions depending on its status.
Likewise, others have praised software’s ability in allowing them access to trades earlier, meaning they are always in winning positions.
Other customer reviews highlight VantagePoint’s stellar training. Therefore, traders are able to feel confident in their reports and charts since they are up-to-date with news and market research.
Finally, customers have praised the software’s support team – providing excellent customer service at an impressive response rate.
When it comes to the world of trading, things can become very complicated, very quickly. However, with the help of trading tools, you never have to worry about this again.
This is where VantagePoint Software comes in. Not only does it offer comprehensive services but stellar support, too.
Hopefully, this guide has informed you on everything you need to know about VantagePoint Software, to help you make an informed decision.