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VantagePoint discussion thread

  • #1,021
  • Feb 15, 2007 6:01pm Feb 15, 2007 6:01pm
Hello all,

I have found your studies on this board very informative and educational, thanks for all of your hard work. I currently day trade the Eur/Usd Forex pair and I'm considering integrating vantage point software into my system. My current system consists of a neural network, and filter algorithm that predicts trend status, and daily high/low values. I then place trades either at the high or low depending on the trend.. The system is accurate, however it does not produce as many trade opportunities as I would like. The reason for this message is to ask any you if I could obtain some past data regarding the vantage point software. Specifically I would like the daily high/low predicted values from 10/1/06 to 1/31/07. I have no idea how hard this would be to obtain from the software or if it is even possible, but I figured it couldn’t hurt to ask. If it is troublesome, but possible I would be willing to pay a small amount for this past data.

Thanks,

MICHENG
  • #1,022
  • Feb 15, 2007 8:52pm Feb 15, 2007 8:52pm
Check your PM box.
  • #1,023
  • Feb 15, 2007 9:25pm Feb 15, 2007 9:25pm
Hello to all,

I am new to this forum and am considering purchasing Vantage Point Software. I would like to know if the traders using this software are profitable/unprofitable using it. Also if you knew what you know now would you purchase it again? Thanks for any constructive comments.

JAS
  • #1,024
  • Feb 17, 2007 2:59pm Feb 17, 2007 2:59pm
Howdy all,

I was talking to Cyclone about holding an online type of seminar for using Vantage Point software especially 7.0. Sooooooooo being a Skype user I decided to have my 1st Skypecast. Having never done this before I thought it would be a great way hear instead of just reading how different traders are using the software. Anyway

I have scheduled a Skypcast at 11:15 est Sat 24th. The webpage for Skpecast is :
https://skypecasts.skype.com/skypecasts/home

Once there type in the search the word or words vantage point it will bring you to the link for our Skypecast

If U don't already have Skype you can download it here:

http://www.skype.com/download/

Lets see how the first one goes maybe it could be a regular thing

Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #1,025
  • Feb 17, 2007 6:11pm Feb 17, 2007 6:11pm
Quoting williamk
I have scheduled a Skypcast at 11:15 est Sat 24th.
Bill

I will be there with bells on !!!! LOL! Is it 11:15AM? or 11:15PM??
  • #1,026
  • Feb 18, 2007 10:48am Feb 18, 2007 10:48am
Sorry for the omisson it is @ 11:15 AM est.

Hope all could attend and we could get some great dialogue going.

Remember traders helping traders

to all

Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #1,027
  • Feb 18, 2007 11:25am Feb 18, 2007 11:25am
Quoting jas587
Hello to all,

I am new to this forum and am considering purchasing Vantage Point Software. I would like to know if the traders using this software are profitable/unprofitable using it. Also if you knew what you know now would you purchase it again? Thanks for any constructive comments.

JAS

Why no replies to my post? Too personal or what?

JAS
  • #1,028
  • Feb 18, 2007 1:13pm Feb 18, 2007 1:13pm
Quoting jas587
Why no replies to my post? Too personal or what?

JAS
Your question has already been asked numerous times. Just go back and skim through this thread and you will find all the answers.
  • #1,029
  • Feb 18, 2007 1:18pm Feb 18, 2007 1:18pm
Yo "or what"

The reason nobody is resonding because it all has been written already. Take the time to read ALL and I mean ALL the post if you can't decyfer from after reading them then I don't know what to say.

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #1,030
  • Feb 18, 2007 1:20pm Feb 18, 2007 1:20pm
Hey G U beat me by 5 mins
"When there is no peril in the fight there is no glory in the triumph."
  • #1,031
  • Feb 18, 2007 1:28pm Feb 18, 2007 1:28pm
Bill,

Looking forward to it too! Great idea!

Harold
  • #1,032
  • Feb 18, 2007 11:51pm Feb 18, 2007 11:51pm
Quoting williamk
Yo "or what"

The reason nobody is resonding because it all has been written already. Take the time to read ALL and I mean ALL the post if you can't decyfer from after reading them then I don't know what to say.

Bill

In the time that you took to write this post you could have answered both questions. Since I am new to this forum you want me to read 70 pages of post just to find answers to 2 simple questions? Which posts do you recommend? There are over 1000. Your post is slightly condescending, sorry to bother you with stupid questions!


JAS
  • #1,033
  • Feb 19, 2007 7:33am Feb 19, 2007 7:33am
Quoting jas587
In the time that you took to write this post you could have answered both questions. Since I am new to this forum you want me to read 70 pages of post just to find answers to 2 simple questions? Which posts do you recommend? There are over 1000. Your post is slightly condescending, sorry to bother you with stupid questions!


JAS
Hi Jas,

VP is usable in my view. However, on it's own without a system it is virtually useless. You have to develop your system to use with it. Many people think they can make a killing using VP the way it's advertised (using the MA crosses for all markets) and that's a fallacy.
Just my view.
Good luck
  • #1,034
  • Feb 19, 2007 7:56am Feb 19, 2007 7:56am
Quoting jas587
In the time that you took to write this post you could have answered both questions. Since I am new to this forum you want me to read 70 pages of post just to find answers to 2 simple questions? Which posts do you recommend? There are over 1000. Your post is slightly condescending, sorry to bother you with stupid questions!


JAS
If your too Lazy to Read, Your too Lazy to make MONEY.

I am reading a 112 page thread starting yesterday. Even though Bill gave me the indicators and said He would explain them to me. I am taking the time to learn it myself by reading. I am proud to say I made page 30 today.

People here are more than willing to help, but take the time to do your homework; Otherwise go find a mutual fund and put your money there.

People buy this software and some are profitable, and some aren't. I was once a lazy guy like you. Then I lost a lot money; which could have been avoided by doing my home work.

The below came in an email to me today that is from a service:

Check to see if you possess the traits and beliefs of winning traders, including:

1. My trading objectives are perfectly clear, and I truly believe I will achieve these goals. If you have the belief that you will win, you increase your chances of trading to win. In order to have this level of conviction, you must have a thoroughly-tested plan. You also must have a clear vision of how you will proceed with your plan to reach your goal. The more detailed you can visualize your goals being achieved, the more you will strengthen your internal belief and confidence that you will reach your goals.

2. I have created a plan to achieve my trading goals. I'm sure you've heard the saying "I didn't plan to fail; I failed to plan." Without a plan, your results will tend to be mixed and uninspiring. Commit to writing down your trading plan, and make sure you can answer the questions found in a recent TrendWatch on creating your trading plan.

3. I prepare my plan before the trading day starts. If you don't have a plan of action once the trading bell rings, you are moving from the proactive mentality into a reactive approach. I contend that the more reactive you become, the more you will get in late to market moves and dramatically diminish your reward-to-risk ratio. I prepare after the close for the next day's trading, seeking to stay proactive and a step ahead of the rest of the crowd.

4. I regularly monitor my trading results to measure my progress toward my goals. Trading results tend to follow a zig-zag approach similar to how a plane is guided to its destination. At periodic steps along the way, if a pilot is off course, they will set a new course towards the target. This is called course correction. Once you have defined your trading target, your periodic evaluation should lead you to assess what is taking you off course and encourage you to make the necessary corrections to get you back on target.

5. I quickly discard negative emotions that can hurt my trading results. When you lose, you want to learn from the experience, then put it behind you. You cannot afford to dwell on a loss once the trade is complete. You have to have total focus on the new moment and forget about the past, save for the time you allocate to evaluating past trades (which should be done outside market hours).

6. I am focused on the market during the trading day, and not easily distracted by non-market activities during trading hours. This can be a tough one for many traders who have many responsibilities. If this is the case, define the time you will be focused on the market and make arrangements not to be interrupted

(For more information on this topic of successful trading behaviors, see my book Big Trends In Trading.)

Sorry moderator for the shameless promotion of who wrote this wisdom (Copyright Laws).
Cyclone
  • #1,035
  • Feb 19, 2007 8:04am Feb 19, 2007 8:04am
...I never has tried this software...This is useful or just another joke?
TheBe$t
  • #1,036
  • Feb 19, 2007 8:17am Feb 19, 2007 8:17am
I read all pages during past 3 days.
I was long.
I am going to buy VP in a few days. I will use 4 out 5 method "william method".
Any further advice? conclusion for using it?
Thanks
Keivan

  • #1,037
  • Feb 19, 2007 8:46am Feb 19, 2007 8:46am
Quoting Keivan
I read all pages during past 3 days.
I was long.
I am going to buy VP in a few days. I will use 4 out 5 method "william method".
Any further advice? conclusion for using it?
Thanks
Keivan
Keivan

Yeah attend Bills Webinar this week end on Skype. I asked him to give this in hopes of turning on more light bulbs.

Try reading this also - The Daily Fozzy Method 112 Pages

http://www.forexfactory.com/showpost...55&postcount=1

This was homework Bill aka WilliamK gave me.

See you on Saturday.
Cyclone
  • #1,038
  • Feb 19, 2007 10:32pm Feb 19, 2007 10:32pm
Zarni, thanks for the civil reply. Cyclone is this not a discussion forum? Why the personal attack on what you think are my work ethics?

JAS
  • #1,039
  • Feb 19, 2007 11:09pm Feb 19, 2007 11:09pm
Quoting jas587
Zarni, thanks for the civil reply. Cyclone is this not a discussion forum? Why the personal attack on what you think are my work ethics?

JAS
Zarni for all you know could have been yanking your chain or telling you exactly what you wanted to hear. That is the point of reading the full thread.

If you bothered to read the whole thread, you might have determined it doesn't fit how you want to trade.

You might have learned how to trade with or without Vantage Point. Exits, Profit targets, when to trade, when not to trade...............................

Gee why read the thread?
Cyclone
  • #1,040
  • Feb 21, 2007 10:46am Feb 21, 2007 10:46am
Quoting williamk
Howdy all,

I was talking to Cyclone about holding an online type of seminar for using Vantage Point software especially 7.0. Sooooooooo being a Skype user I decided to have my 1st Skypecast. Having never done this before I thought it would be a great way hear instead of just reading how different traders are using the software. Anyway

I have scheduled a Skypcast at 11:15 est Sat 24th. The webpage for Skpecast is :
https://skypecasts.skype.com/skypecasts/home

Once there type in the search the word or words vantage point it will bring you to the link for our Skypecast

If U don't already have Skype you can download it here:

http://www.skype.com/download/

Lets see how the first one goes maybe it could be a regular thing

Fellow Pip Hunter

Bill
Hi Bill,

Have been following your posts, think you have a great take on using VP especially in terms of 'keeping it simple'. Wondered if there is any way for any of us that cannot join the skypecast that you are scheduling to get any info that comes out of it. I guess that there will be many people coming up with a lot of useful stuff, is there any way to make a record of any suggestions that come up?
I would have definitely been participating in the skypecast, but my job means that I will be flying back from Hong Kong when the skypecast is scheduled.

Any/all suggestions gratefully received, thanks for your time.
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