Verified purchaser
AI needs improvement...
After checking quite historic charts & recommendations made by OVTLYR for quite a few stocks, I can see that its recommendations are not that accurate.
Sure, these might be enough to get started for a beginner, and even give some direction for an experienced trader. But I'd love to see some major improvements in how the AI gives recommendations.
The 3 most pressing issues I see come up again-and-again are:
• Selling too early (thus leaving substantial profits on the table)
• Buying too late (missing out on potentially double-digit profits)
• Unnecessary buying & selling (instead of holding a position in sideways markets)
I know it's easy to criticize in retrospect, and no tool has the ability to predict the absolute highs & lows of stock prices.
But for now, OVTLYR's predictions seem way off most of the time (and when it does get it right, other investment tools also get it right, so no added value there for now).
Other than that, I love the user interface, I find the tool relatively easy to use, and it gives some value even beyond the AI "Buy" & "Sell" recommendations (although if that were to be improved, it would definitely be the strongest selling point – and I'd be happy to change my review to 5-tacos).
Mahesh_OVTLYR
May 9, 2024Thanks Aron05 for your feedback. We are definitely aware of these gaps ( as I stated myself in answering one of the questions). How are we addressing it? We are working on a major signal update where we can be bit more timely on our buy signal, remove unnecessary buy/sell signal when not needed. Our original goal was to updated this new model before we go live with Appsumo but we are probably got delayed by few weeks.....
Look forward for our next update. It will be worthwhile for anyone who decide today to get Lifetime access for this deal :
Respectfully
Mahesh