Vantage Point trading Software

[justleo7]

Has any ever heard and used Vantage Point before

any thoughts?
thanks in advance
Bob

[RebateFX.com]

I thought Vantagepoint had already been dealt with long ago in another thread (or forum hehe)? It was determined that it was pure snake oil dressed in fancy buzzwords. Avoid.

[pboyles]

Originally Posted by RebateFX.com

I thought Vantagepoint had already been dealt with long ago in another thread (or forum hehe)? It was determined that it was pure snake oil dressed in fancy buzzwords. Avoid.

I couldnt agree more, Vantagepoint's neural index can be reproduced 95% of the time using simple calculations on high/low price over the last 2 days, on the days it differs the 'home made' calculation is apparently more accurate (although both are pretty useless for trading). As for their other indicators they are just moving averages with other 'indicators' simply measuring how far apart the MA lines are.

I tested VP for nearly one and a half years and found it to be useless, traderchat.com (which VP ran) was taken down recently without warning when a number of critical posts were made about VP.

I dont think you could do much worse than buy VP, there's a hundred and one courses and systems costing 1/10 of the price that are better.

[BUTCH]

I bought the VantagePoint to the extent of $5,000 several years ago.

I was terribly unhappy with this company from the getgo.

When I bought the software, they told me that I would get free upgrades to the software. Today, I got a call from someone at VantagePoint again, and I asked him to confirm that the upgrades were free. He told me that there was a cost to the upgrades, and only replacement was free. I asked this question of this young lad because of my prior experience below.

Louis Mendelsohn supposedly is the 'genius' who created this software. I bought the software and dealt with Mendelsohn's son, Ian, who got very impatient with me after my asking only a few questions over a few days. Isn't that great? You spend over $5,000. They spend an hour or two selling you the software, and then blow you off after spending 5-10 minutes talking to you after buying the software.

What does this tell you? I hardly expected to be treated this way.

I would only direct people I despise in their direction.