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I hold a similar view of VantagePoint. It was my first purchase of trading
software. Looking for the easy way to make money I suppose. I lost the
initial investment and some cash on trades. Perhaps it is my eternal
optimism but I am still interested in using TradeStation to test/develop a
set of trading rules to make VP workable. This approach is recommended by
Mendelsohn in his documentation.
Bottom line - approach with caution and don't expect VP by itself to
produce profitable trading signals.
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> From: Ron Russell <688842@xxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Vantage point
> Date: Monday, November 17, 1997 10:46 AM
>
> Alan:
> There is no demo because any demo will prove the worthlessness of the
> software.
> There is no track record for the same reason as # 1 above.
> There is no money back guarantee for the same reason as # 1 above.
> Wish I had known all of this BEFORE I wasted all those $$$.
> The much larger loss was generated by using trades called by the
program!!
> P.S. Now if you would still like to buy the program - have I got a deal
> for you.
> Have a profitable day.
> RDR.
>
> ----------
> > From: Alan Sears <asears@xxxxxxxxxxx>
> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > Subject: Vantage point
> > Date: Sunday, November 16, 1997 9:58 PM
> >
> > Does anyone have any experience or knowledge of
> > Vantage Point neural net software by Lou Mendelsohn ??
> >
> > For $2995 for each market it seems expensive ?
> >
> > He gives a bunch of reasons as to why there is no demo,
> > no track record and no money back guarantee....
> > but I doubt the sincerity of either of them ?
> >
> > Any feedback would be appreciated
> >
> > Their website is at
> >
> >
> > http://www.profittaker.com/technical_mendelsohn.htm
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