Last Updated on May 4, 2022
Is VectorVest a Scam? If you have found your way here, good for you! It’s so smart of you to first delve into what VectorVest is all about before you fall into this rabbit hole. You are about to see for yourself if this trading software is the one you have been looking for.
Let us now cut to the chase! What is the truth behind VectorVest?
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What is VectorVest?
VectorVest, created and founded by Dr. Bart DiLiddo back in 1978, is an automated stock market analytics software designed to provide individual investors, like you, comprehensive market analytics. It displays ideas for selling, holding, buying or trading stocks based on its market value.
This software simplifies your decision-making process when it comes to choosing the best stocks.
If you want to trade confidently without having any mishaps, VectorVest gives you tools, techniques, and insights in pursuit of this.
The interface of the software may look complex and complicated, but worry not! They also present your training videos and tutorials on how to properly use the software. It may take time to get used to, but when you do, it becomes second nature!
VectorVest allows you to devise your own strategies with the use of their tools equipped with backtesting capabilities.
How Does VectorVest Work?
VectorVest analyzes, ranks, and graphs over 20,000 stocks every day. These calculations are based on indicators and values in their database incorporated into the platform itself.
These are value, relative value, relative safety, and relative timing.
Value is a measure of a stock’s current worth in the market. It considers interest rates, inflation, earnings growth, and profitability.
The second one is a relative value, which refers to the long-term price appreciation potential of a stock. If you want to know the current value of a stock, whether it is over or under-valued, this approach is your best bet. A stock with a rating of 1.00 has a high appreciation of potential value, while anything below 1.00 is a red flag.
The third is relative safety. It is a risk indicator that indicates how stable stock is. Just like the relative value, a rating above 1.00 is a safe zone while a rating below that is something you should avoid.
Conversely to the relative value, the relative timing measures the short-term price performance of a stock. The rating mechanism is similar to the ones mentioned earlier. The only difference here is that if the price trend is flat, it gets an exact 1.00.
Who is Dr. Bart DiLiddo?
You’d usually think of investment experts as experienced brokers, analysts and the like. DiLiddo, on the other hand, is a mathematician who graduated from the Sloan School of Management at MIT. He also has a Ph.D. from Case Western Reserve University.
Are you doubtful that DiLiddo might just be one of those mathletes? Nope! He has a Fortune 500 business background, too!
Ever since the 1980s, he has been developing the VectorVest system with the conviction that mathematics could be utilized to analyze individual stocks and markets.
He incorporated his business and mathematical experience to give birth to VectorVest.
Risk-Free Trial? Well, Don’t Mind Me if I Do!
No one wants to waste money on a scam. Sure, we can do our homework to research about a product first before purchasing it. However, it is best if you get to experience it first-hand for yourself. Well, good news! VectorVest provides a risk-free trial for you.
There are three different trial packages for you to choose from, these are Real-Time, End of Day, and Intra Day. They offer trial periods of 30-days for these packages. Though it is not completely free since you have to pay a sum of $9.95, it is a money-back guarantee if you are not satisfied with it. How awesome is that?
If you do like your experience and still up for it, the plans resume normal pricing after the trial period.
These are the things to expect in the different packages.
End of Day
This package gives you access to the VectorVest Mobile, market calls and market-timing indicators generated and updated at the end of the day, market guidance for the next day, and end of day video analysis. A subscription to this package costs $69 per month. You also have the option to subscribe for a year which costs $695.
Intra Day
Subscribing to this package gives you the same services as the previously mentioned package. However, you do have the upper hand in this one since the market calls and market-timing indicators are generated and updated on a 15-minute delay, rather than being updated at the end of the day. You can also decline, buy, and sell ratios with a 15-minute delay, as well. It costs $89 per month and $895 yearly.
Real-Time
If you hate delays and want to be updated based on real-time since you trade loads all throughout the day, this package is perfect for you. This package provides the same services as well, but this one gives you a continuous flow of market data based on real-time, unlike the Intra Day which comes with a 15-minute delay. It also comes with advanced trading tools, such as the ProTrader, AutoTimer, and Watchdog for FREE. Yay! Free stuff!
The downside of this package, well, it is expensive. You have to pay $129 per month. Don’t be shocked by this one, but it costs $1,295 per year! Say what?
Do the math yourself to see which package suits you best!
What Does VectorVest Offer When You Subscribe?
VectorVest is embellished with fundamental and technical analysis tools. With these, you get to minimize, if not completely get rid of, inevitable risks that come with your stock market investments. This means more profit! Cool!
Take a look at these tools below.
Charts
VectorVest makes use of pre-configured strategy layouts for you to visualize the trends, support or resistance levels of stocks. You could also modify the charts by manually drawing trend lines yourself. It is easy to use and handle once you understand how it works. This charting feature indicates stock analytics at different time frames.
Strategy Indicators
Are you wondering what makes VectorVest different from its competitors? VectorVest is unique from other stock analysis software because they integrate proprietary scanning tools. This software employs both qualitative and quantitative ratios such as what I have mentioned before, which are the relative safety, relative timing, and relative value. With the assimilation of these ratios and indicators into the software, you can rummage through all the stocks to find what is the best one for you to buy, sell or trade and what strategies to employ.
News
Of course, having all these fancy trinkets in the palm of your hands is not enough if you are not aware of what is happening in real-time. VectorVest provides news and daily market analysis for you to utilize in your trading venture.
Trade now Broker Integration
Is VectorVest a Scam? For the information I’ve gathered so far I really don’t’ think so.
Having recommended brokers such as Ally Invest, Trade King, Interactive Brokers, and QuestTrade linked to VectorVest, gives them a rock-solid reputation. You can also link your Stock Advisory Mobile App.
Scanners and Trading Alerts
Too lazy to analyze stocks by yourself? Yeah, tell me about it. Not everyone is in need of intricate or elaborate scans. As if life isn’t already time demanding, most of us do not have the time in our hands to devise charts and graphs for us to analyze. The scanners and trading alerts are tailored for you if you’re that kind of person! VectorVest constantly scans 7,000-8,000 stocks according to proven strategies concocted by DiLiddo on behalf of you. As the product name indicates, it alerts you when the market conditions change. How convenient!
Training Tab
Don’t worry if you are new to all these things, VectorVest provides you training videos and tutorials which lets you get used to the software as quickly as possible. They teach you in detail the basics of everything you have to equip for you to have a successful trading venture. All you have to do is tag along!
Watch Lists
You don’t have to do all the legwork of finding stocks. VectorVest already configured loads of watch lists with the best stocks in the market for you. It’s up to you to choose the best one out there!
Market Timing Tools
Color Guard
This is a semi-circle graph with a pointed arrow denoting the current trend or direction of the market, whether it is at its best – or worst. To produce this reading, it takes relative timing, price movement, and the buy-to-sell ratio into account. It is easy to comprehend since the semi-circle graph indicates the market trends through the colors red, yellow and green.
Back Tester
VectorVest lets you backtest their trading systems. You can test and compare their array of trading systems to determine which system performed better and more efficiently historically. This is for you to handpick the best system which will enable you to move forward.
Plugins and Add-Ons? Sign Me Up
RoboTrader
No, it is not what you think it is. This is not a machine that does all the trading for you. In relation to the TradeNow Broker Integration, this add-on has the capability to automate trades and send your buy and sell orders directly to your online broker. This costs $99 per month. On a yearly basis, it costs $1,095. Yikes.
Real-Time Derby
The Real-Time Derby calculates a mini-portfolio based on a combination of over 100 long strategies and 30 short strategies. Contact VectorVest for pricing.
Profit Locker Pro
I know this list is not ending anytime soon and I know that you are already trying to crunch up these numbers on your calculator to know if you are going to put your house up on mortgage (pun intended), but this plugin costs $99. I just thought that you should know. The Profit Locker Pro is similar to a trailing stop that safeguards already existing profits by trailing the stop based on pre-configured criteria.
WatchDog and Super WatchDog
Dog persons unite! Do you know how your dog barks at the door when someone has arrived at your house? VectorVest has created Watchdog for custom alerts like moving average crossovers. This is exclusive to Real-Time subscribers. End of Day and Intra Day subscribers could access this add-on with a one-time fee of $495. You could curse if you like. I won’t judge.
Super Watchdog, on the other hand, screens the entire stock market if you are looking for any setups. This costs $99 per month.
ProTrader 7
Similar to the Watchdog, this plugin is only included in the Real-Time package. End of Day and Intra Day subscribers would have to pay a heaping $495. Think you can still handle it? The ProTrader 7 gives you access to pre-build searches and technical conditions such as crossovers, channels, and moving averages.
Is VectorVest Suited For You?
Whether you are a novice or an experienced trader, this software can cater to your needs. This is perfect for portfolio traders and self-directed investors. VectorVest is for those who want to stay competitive within the stock market. It targets working professionals and retirement investors who have piled up a lot of savings.
You might be thinking that this software is not for you since the interface looks intimidating, but the people have spoken. Testimonies declare that once you absorb all the information from the tutorials, it becomes a piece of cake.
Pros of Using VectorVest
Helpful System
Would you choose a piece of fish? Or would you rather learn how to fish? VectorVest teaches you the latter. The software is well designed and provides you step-by-step directions on how to properly buy, sell, and trade stocks for optimum profit. If you do your homework, watch the training videos and tutorials they provide, you have no problem at all.
Excellent Tools
You have seen the list for yourself. They provide a massive array of tools that will enable you to unlock your full potential as a trader and reap substantial profits for yourself.
Flexible for Everyone
It is tailored for beginners, to self-directed investors, and to the best of experienced traders. The software is not that complicated to newbies since do they provide training videos and tutorials.
Risk-Free Trials! Hooray!
Not a risktaker? That’s alright because VectorVest provides you a risk-free trial to a subscription package of your choice. It only costs $9.95 and they promise to return your money if it’s not your cup of tea.
But how can you be so sure that DiLiddo is the type to keep a pinky swear?
Here comes the cake.
What About the Cons of Using VectorVest?
Hide Your Credit Card
With over 127 reviews on Reviewopedia, they are able to gather 3 stars out 5. Pretty average. What’s alarming than this are the complaints of aggrieved and grumpy customers. If you’d take a stroll in the reviews section, you’d find customers complaining that after their 30-day “risk-free” trial, the company is still charging their credit cards even if they have specifically stated that they want to cancel the subscription. What the? How would you feel if you are not satisfied with a product and they still continue charging you? Unbelievable. Take a look for yourself here.
Too Expensive Add-Ons!
Sure, the performance of these add-ons might be outstanding and all, but I think the pricing is overboard. Some of the add-ons even cost over $500 dollars for single use. Even Archimedes wouldn’t know the math behind this.
Unreliable Recommendations?
Some of the customers claimed that they lost their trades and stocks because of VectorVest’s recommendations. When the software recommends you to buy, the stock falls. When they say to sell it, the stock goes up. The recommendations seem to be unreliable and not stable.
So, Is VectorVest a Scam?
It is so underwhelming to see customers saying to hide your credit card because they charge you even if you cancel the subscription. This seems like a very capitalist and sneaky attempt to suck money out from your card. Do not subscribe to this software for the purpose of testing it out. Make sure to rummage through a lot of product review posts and customer reviews before you decide whether you need the software enough for you to subscribe.
On the bright side, I really do recommend this to anyone, whether you are a newbie or a professional. This software provides you solid and real information regarding the stock market. You can analyze data for yourself. You can also let VectorVest do all the work. They can automate your trades, analyze your data, and find the best stock in the market tailored just for you.
“Is VectorVest a Scam”, no it’s not! With VectorVest, you can breathe a little and minimize the risks in your trading venture.
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