Their subscription is expensive and very much like other free charting websites with a bunch of technical indicators that basically show the past data. It does NOT help my trading/investment as advertised. I lost more than 15 trades within a month by following their day trading service "Derby". This company set up a trap with their trial. If late for 1 day, they will charge the whole month. It's a fishy & dishonest business. Terrible customer service. Never come back to Vectorvest
Absolutely not worth it. Their platform crashed last year and they haven't refunded what I'd already paid for a service that was not provided. I've lost money by following their "hot stock picks". Nothing you can't find by yourself.
I've been a trader since 1984, recently transitioning to investor in early 2023. I have used Vector Vest (only) since the '90's. I will not buy or sell stocks or options without doing my VV. Homework. If you don't get the results you were expecting, I suspect the problem is not the product, but the user. Not everyone's personality is compatible with the irrationality of the markets. Most people underestimate how long and how much training it takes to become good at it. The trick is to get enough practice to become proficient before you run out of money learning.
There is no where on the app or website that allows you to cancel your subscription. The only way to cancel is to email them, which I did. But they still continued to charge me! Most fraudulent company I have ever seen. Horrible company and horrible people.
I've used VectorVest for several years, but am now stopping. It's because I checked their data against another source (MSN.com), and found that it's unreliable.
Upon consulting with their support folks, I learned a surprising fact: VectorVest does not report earnings, but only ESTIMATES of earnings. Even after the quarterly earnings reports come out, if the estimate is wrong, even wildly wrong, they will keep the estimate data in their history.
EXAMPLE: Comparing Facebook from July 2019 to June 2020.
VV shows revenue steadily increasing month by month. MSN shows that revenue peaked in December 2019.
VV shows earnings stuttering for the first 3 months, then going steadily upwards from then on. MSN shows that earnings peaked in December and never recovered to the earlier level.
I emailed, called them and chatted with them to cancel my subscription. They are nothing less than thugs. Worst scam ever. Beware! It cost me >$500 for services I never used and for which I cancelled my subscription. Worse than the mafia!
I watched in a free webinar titled "How To Generate 3% Per Month With One Option Trade Per Week." This course is a trick; the title is misrepresented.
1. This webinar was really an advertisement for a expensive course on option selling.
2. The topic was not explained in detail, except to say that selling Put options was how they did it.
3. The chat room was not open. It was mentioned that participants could ask questions in the chat room, but that was not so.
4. Apparently this webinar was a recording of a prior webinar of the same name.
The tech support is the worst tech support in the industry. The tech support is handled by incompetent, lazy people that know nothing about Vector Vest. These are glorified phone operators that are only capable of re-set the password. If the software is not working correctly, they tell you to shut down and re-start several times, and if it still does not to work to try the next day. They refuse to transfer you to a computer expert to solve your problem. If there is incorrect stock information on the software, they say they know nothing about the inner workings of the software and have no interest in correcting it.
#VVNation! This software is an amazing screener... so much useable data for so many different strategies. It's a bit overwhemling at first and it took me a few years to learn to use it well. I use the VectorVest screener alongside my stock scanner (Trade Ideas). For swings and investments, I set up a stream/list of VV's Hot Stocks and they always do better than using my picks from the scanner. VV software uses a lot of combined fundamentals and technicals in propriety indicators and you really can time the overall market. Their courses are good, too, and they are cheaper if you catch the webinars before registration starts.
VectorVest helps me make better trading decisions. Even in a down market I'm making money. I made 25% on a stock in one day. I couldn't believe it! Thanks for the pick VV, keep 'em coming.
May as well just write down a bunch of stock symbols on the wall and throw darts at it... you will prob get better results than the vector system. Its nothing more than a glorified, highly marketed machine that spits out nonsense information which anyone can do the same BUT you can do it on your own for free! Lol no need to pay money for this kind of useless stuff, it will only make you lose money in the end.
I signed up to the trial, didn't find much use for the service, emailed them several times asking to disconnect before the end of the trial but they ignored my requests and charged me $289 anyhow.
Companies with a service that has real value don't act this way.
There is too much hype surrounding how it can pinpoint market tops and bottoms. It is a good piece of software and it can work, but its just to damn expensive. In this day and age these guys need to understand that competition is just around the corner. The profit factor on this must be close to 500%. I am sure they could very easily offer this program for 19.99 a month
I used VectorVest for 6mo, I dont recomend it. Software has too many problems for the price they charge. One month it was down 100% for 2 weeks and when they got it back up, it was having too many problems. They told everyone we were getting a refund and I never got one, plus I got an extra charge and when I asked what was that charge they told me they didnt know and I was going to get a call back. Never got a call or refund. Stay away, this company is greedy and dishonest...
It's not bad for a paid service, but I feel that price is a bit too high. If the price were better I would probably have left 4 stars. To their credit they offer a trial so you have the chance to test it out
I did not find that this program integrates well with other trading tools. I never used the trading information. Trying to cancel the subscription was difficult and costly. First, you are put on hold for 15 minutes. Next, they want to offer you training. Next, they offer you discounts for other Vector Vest products. Why would anyone subscribe to other products when you didn't like the original? Finally, they renewed my subscription for another month and they do not offer refunds. Unless you really know and like this platform... stay away
I took a course and was told there was a money back guarantee. Never told I had to claim it before the course was even finished! How can I know if something works until I get to try it out? So I did not receive my refund and it took them 5 months to come up with this conclusion! Very unimpressed. No refund, no credit to account, no honour on the money back guarantee! Very expensive course. Do not recommend.
Lost almost 10 k with their suggestions! Cancelled on phone with the guy named Chris on April 22nd within trial period but, still charged $137 for next month. NO confirmation email sent by him. Extremely long wait time 30 min.
Glad used Amex for purchase, always helps.
Stay away! They have an awful tech experience requiring you to use outdated tech for their platform on a mac. As a 40 yr. Old tech worker i found it impossible to figure out how to actually get logged into the platform. After an hour I gave up and went to cancel. Been waiting on hold for over 60 minutes.
Clearly a platform company on the decline - STAY AWAY!
I've been a subscriber to VectorVest for +10 years and have taken many of their educational classes. The platform is as conservative as you wish and the classes and follow-up have never disappointed. In late 2016 I took a course called Paycheck that covered Spread Trading. It was IMPRESSIVE and thorough. I took a spread trading course years before but this was fantastic for detail and complete training. The next 12 months I pocketed over $110,000 trading SPX only while risking only $20K at any one time. (I lost $30K of that $110K because I didn't follow the plan) The instructor's name was Ron. Learn from him!
Answer: I have seen many others that are cheaper that do some of what Vector Vest does but none that does all regardless of price
Answer: I had other systems but they did not have the interactive tool box as easy to use
Answer: Most recent I was 95% cash when the 3/21 Pandemic hit due to Vector Vest. Also added back after the bottom was put in
VectorVest has a rating of 2.2 stars from 44 reviews, indicating that most customers are generally dissatisfied with their purchases. VectorVest ranks 167th among Stock Trading sites.