VectorVest Review: A Look at its Features and User Opinions
What is VectorVest?
VectorVest is a stock analysis and portfolio management system. It offers a suite of tools designed to simplify the stock selection process for investors by providing specific buy, sell, and hold signals based on its proprietary stock-rating system. This system focuses on three main criteria: Value, Safety, and Timing (VST).
VectorVest is offering a $9.95 Risk Free Trial for One Month
VectorVest is considered beneficial for traders and investors looking for a straightforward system to find stocks to trade. It covers stocks from the US, Canada, Australia, the UK, and Europe, offering a range of services across three main subscription tiers: Basic, Enhanced, and Premium.
Features:
- Stock Ratings: VectorVest assigns letter grades (“A” to “F”) based on proprietary technical and fundamental indicators, aiming to gauge a stock’s potential for short-term price movement.
- Watchlists: Users can create personalized lists of stocks to track and receive alerts based on their VectorVest ratings.
- Screening Tools: Filter stocks based on various criteria like industry, market cap, and technical indicators.
- Technical Analysis: Provides charts and indicators to help users analyze price trends and identify trading opportunities.
- Fundamental Analysis: Offers company data like financials, ratios, and news to assess a stock’s long-term value.
- Educational Resources: Includes webinars, articles, and video tutorials to learn about investing and using the platform.
Never miss a VectorVest coupon or promo code, we update these daily here!
Potential Benefits:
- Simplified Analysis: VectorVest condenses complex information into easy-to-understand ratings, potentially appealing to beginner investors.
- Time-Saving: By offering pre-analyzed stocks, it may save time researching and analyzing individual companies.
- Reduced Emotional Trading: Following the platform’s recommendations can help overcome emotional decision-making in trading.
Try VectorVest for One Month for Only $9.95
Drawbacks:
- Cost: VectorVest subscriptions can be expensive compared to other research platforms.
- Black Box Approach: Its proprietary rating system lacks transparency, making it difficult to understand the rationale behind recommendations.
- Past Performance: Past performance is not necessarily indicative of future results, and VectorVest’s historical returns haven’t been consistently impressive.
- Overreliance on System: It’s crucial to develop independent investment judgment and not solely rely on the platform’s recommendations.
What Liberated Stock Trader Says about VectorVest:
According to a review on Liberated Stock Trader, VectorVest is considered beneficial for traders and investors looking for a straightforward system to find stocks to trade. It covers stocks from the US, Canada, Australia, the UK, and Europe, offering a range of services across three main subscription tiers: Basic, Enhanced, and Premium. Despite its advantages, it’s noted that VectorVest can be expensive, especially when adding on various features. The platform is criticized for its limited number of chart indicators and reliance on proprietary ratings without transparent effectiveness proof.
Benzinga’s Take on VectorVest’s Product:
Benzinga’s review highlights VectorVest’s market timing dashboard, which uses color-coded indicators to provide market insights at a glance. It also mentions the platform’s technical indicators, stock screener, charting tools, and educational resources. The review appreciates the comprehensive educational materials available but notes some customers’ complaints about the focus on selling courses and add-ons. VectorVest offers several subscription packages, with the basic package aimed at new investors and the premium package designed for more active traders
Modest Money Gives VectorVest a 4.1 out of 5 Review:
Modest Money provides an overall positive take, rating VectorVest 4.1/5 based on its advanced tools for portfolio management. The platform is praised for its ability to reduce the need for manual data analysis and eliminate emotions from trading decisions. However, it is also seen as more expensive compared to some competitors, with additional costs for add-ons. The review underlines the usefulness of VectorVest for traders looking for specific buy and sell signals and market timing indicators.
Testimonials from Reddit users about VectorVest, summarized over many pages of reviews:
- Positive Features and Experiences:
- Comprehensive Tools: Users appreciate the tutorial, stock screener, indicators, and reports for making informed buy/sell decisions.
- Educational Content: The YouTube channel and livestreams are recommended for gaining insights and getting questions answered.
- Community Support: Joining the VV Facebook group is suggested for quick answers to questions about the system or markets.
- Model Portfolios: For beginners, starting with “money makers” model portfolios is advised for safer stock options with a buy rating.
- Trust in the System: Users who followed VectorVest’s advice report positive outcomes, emphasizing the importance of trust in the system.
- Screeners and Recommendations: The program’s screeners and buy/hold/sell recommendations are valued, along with weekly video insights.
- Criticisms and Concerns:
- Cost: The cost is a significant concern, with some users feeling it’s not worth it unless you have a large portfolio (suggested $200k+).
- Justification of Price for Casual Traders: Users who don’t trade frequently struggle to justify the cost, even if they acknowledge the program’s benefits.
- Mixed Feelings:
- Re-evaluating After Trials: Some users, after initial trials and receiving promotional materials, reconsider the value of VectorVest in relation to its cost.
Reddit users have shared positive feedback on VectorVest’s comprehensive tools, educational content, and community support as well as Youtube videos, with concerns about the program’s cost and its justification based on the frequency of trading and portfolio size are notable.