| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 3/5/2005
Posts: 9
|
i am a subscriber to the expensive vector vest database system (cost is $650 per year to start with)
what i like about it is:
1 - data on 7,000 stocks
2 - earnings data (current and earnings yields)
3 - dividend data (current and historical)
4 - hard valuation numbers on stock value (based on published formula)
5 - hard valueation (formula based) on the relative value, and safety (volitility) of stocks
6 - overall valuation on stock (formula) that combines value, safety, and timing
what i don't like is:
1 - worse stock charts anywhere - weak weak weak - misleading - for both ups and downs
2 - too many buy signals (almost everything inthe database is a buy
3 - the system keeps signing me out if if am not active for 20 or 30 minutes (annoying and minor)
4 - it is very expensive and i have not found anything quite like it yet (i also tried IBD)
i am retired and my portfolio is about 80% in rock of gibralter stuff that pays high dividends and has a good growth possibility (no rocket ships)
i am devoting the other 20 % of my portfolio (about $25,000) to short term gainers and i want to hit some home runs here and i have had a few (e.g. bought able at $5, bought bsic at $2 - etc) - my strategy here is to focus on stocks under $10 that have or are reaching 52 week highs (or new highs) and are showing some volume and using vector vest i favor those that have some fundamental VALUE - so far so good
HOW WILL TC 2005 help me to Improve My gains and find more home runs and to exit more quickly when i pick one that isn't going anywhere but down
sorry to run on so much - thanks for reading - stay well - invest well - and enjoy all of your success
bill boyd - oxnard - california 
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
Unlike Vector Vest, TeleChart does not generate any type of signal for stocks. The program was designed for traders that make their own trading decisions. It has all the tools you need to manipulate and analyze the data to make your own decisions about the strength or weakness in a stock.
TeleChart will not improve you gains anymore than a nice hammer makes a better house. If your gains improve or worsen when using TeleChart, it is you who gets the credit.
TeleChart contains data on all of the common stocks on the three major exchanges (just under 7k). Earnings and dividend data is in the system and historical data on both are in Worden Studio. Any valuations are generated by the user.
There is a 30-day free evaluation period on the program and the data. I would recomend you check it out!
- Craig
Here to Help!
|
|
Registered User
Joined: 3/5/2005
Posts: 9
|
thanks for the quick response
i have already signed up for the free 30 day trial and can see that this is
a great system and i will probably buy the 1 yr subscription and if i am
really successful i will get the ultra premium $99 a month plan
thank you again for the direct answer
this is a solo player game for the most part (99%)
nice to have some contact with another who is in the game
final question - vector vest had a list of all stocks making new highs
and list of stocks reaching 52 week highs
i poked around for an hour or so today and wonder if those lists are
avail in this system
stay well and happy investing and happy living
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
They sure are....
You will need to create a PCF with the following formula:
H/MAXH250*100
This PCF will return the high today as a percent of the highest high in the last 250 trading days (including today). A value of 100 means today is the 52 week high. A value of 98 tells you today's high is 98% of the value of the 52-week high, etc.
You could use this condition in an EasyScan or as a sort. Here are some videos to help you with this all.
Using EasyScan to find stocks that meet your own criteria
How to create a Personal Criteria Forumula (PCF)
Create your own stock rankings using WatchLists and Sort conditions
Welcome to the TeleChart family... you let Doug, Bruce and I know if you need anything.
- Craig
Here to Help!
|
|
Registered User
Joined: 3/5/2005
Posts: 9
|
again - your response shows me how smart it was for me to get the telechart system
vector vest does not work like this and their charts are terrible terrible and then some
i am happy to be here
i am a new investor and i am learning and applying what i am learning
and
this is a great community of serious market people
thank you so much for your generous help
i hope to be able to contribute to other also in due time
(i want to contribute to the evoltion of the software)
(i am a retired software designer)
(i want to contribute help to others in being successful in the market)
and if possible
i want to help others enjoy their success (this includes me)
sorry to go on and on (no one else to chat about market stuff with)
bill boyd  
enjoying & sharing our success is ultimately more important than attaining our success
|
|
Registered User
Joined: 10/7/2004
Posts: 22
|
Billboyd; Living in a small town in the PA mountains I have experienced the same "no one to talk to" problems. You might try the following; check out user groups that may be in your travel range, (removed by Moderator) - local chapters (under events on left side of window) - select from locations. Many have SIG groups for Telechart, MetaStock, VectorVest, etc. Also check with TeleCharts for their listing of user groups (you have to email them). This is a great way to meet up with people in your area that have similiar interests. Feal free to email me if you want more info; (removed by Moderator).
|
|
Administration
Joined: 9/18/2004
Posts: 3,522
|
billboyd,
By this and your other posts, I see that you would be interested in the Platinum Serivce. The chat and clubs that are included with the Platinum service might be exactly what you're looking for. There is so much information and sharing of ideas it's nearly impossible not to find a club that fits your trading style.
I've seen many new investors on the Platinum service and I always reccomend a few clubs for them to join to get their feet wet. It's nice to watch those same users grow into successful investors.
Welcome to Worden Brothers!
Ken Gilb (Kuf)
Chief Software Engineer - Worden Brothers Inc.
Try/Catch - My RealCode Blog
|
|
Registered User
Joined: 3/5/2005
Posts: 9
|
Kuf,
thank you for your response and i am considering moving up to platinum
again - i say - this is the best forum i have participated in - great community
smart - to the point - helpful - no smart alecs - TIMELY
thank you
|
|
Worden Trainer
Joined: 10/1/2004
Posts: 18,819
|
Yea team!
Thanks for the kind words!
- Craig
Here to Help!
|
|
|
Guest-1 |