trade software reviews

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Posted By: TradersLog

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The Fusion Trader’s Secret Weapon
A Review of VectorVest Online Stock Trading Software

By Matt Blackman

asr: this vectorvest combines both fundamental and technial . Mr. K uses fudamental based scanners AAII etc.. check those also ..

If the efficient market hypothesis were true, great traders like T. Boone Pickens, Steve Cohen, Paul Tudor Jones and Dan Zanger (to name but a few) would not make as much money as they do. Those at the top of their game win consistently by looking at the market in a different way than the majority. The very best traders are masters of the technical and fundamental; they utilize statistics, quantitative analysis and rely on a variety of factors from macro-economic to micro-technical. In short, the fusion traders use whatever works and do not limit themselves to any single field of market study.

So why are there so few stock charting and analysis programs that do an effective job of handling fundamentals and technicals together? Most utilize one technique thereby requiring the trader/investor to master a number of programs. But is this absolutely necessary?

Advertised as a program that does an excellent job in addressing the above challenges, does VectorVest live up to expectation?

Conclusion
There are a number of online and computerized stock screeners on the market today. The challenge is that most concentrate on either fundamentals or technicals; few do an adequate job of integrating the two together for the new breed of fusion trader or investor.

VectorVest combines fundamental and technical search parameters in a fashion that allows the user to narrow his or her search so that only stocks meeting the complex combination of fundamental and technical criteria are produced. On top of well-known performance ratios, the program provides some very useful proprietary indicators to help streamline the process.

VectorVest is not perfect. Since it is a web-based program, it can be slower than a machined-based program, and the speed at which it moves will depend on the speed of your Internet connection. Another challenge with the program is that there are so many functions and possibilities available, it can seem daunting to the new user. It is not for the faint of heart or uncommitted market player. But from this author’s perspective, such shortfalls were far outweighed by the program’s benefits.