Good try, but simply not ready
As a swing trader who has a fair idea of when to buy, I could not make any sense of the buy recommendations.
They all seem to suggest buying high and selling low and after the breakouts or reversals have happened, putting you at high risk low reward positions. I bought this up with the team and was told the signals are lagging. So I thought I'll suspend judgement and just follow the signals which are supposed to based on buyer behaviour. But after having lost 1k I give up. In the same time I've made 3k using other stock screeners and my own judgement.
I'm shown that if I followed all of the buy and sell signals I would be up on a particular stock. May be in the long run I will be profitable. But I'm not willing to lose 10k to find out.
It erodes ones confidence and takes a mental toll losing all that money. Maybe I'll look at this in the future when the signals are no longer lagging. I really had high hopes for this, and quite dissapointed to be honest. Just another on the pile of AI promises that doesn't deliver. However the support is great.
Mahesh_OVTLYR
May 9, 2024I ll start by addressing the gap you mentioned....in some cases we have seen delay in the buy signals but that is why we always encourage our members to keep a close watch on oscillator & heatmap as you can reduce noise by a lot....We do have some videos around it but we will be creating more support videos. We are working toward improving our Buy/Sell Signal quality in our upcoming update but again getting familiar with our heatmap & oscillator will help a lot
I do use our platform to trade and I can tell you my experience ....I win more trades & loose less by simply having access to the data that is available ....What I emphasize here is that I have made trades that have lost me money as well....we have never claimed that this platform will provide a 100% success rate but you can win more trades ....the key here is to consider looking at our oscillators+ heatmap + constituent maps( in cases of sector & indexes) in addition to Buy/Sell signals .....
We will let you know once we have our next update available for you to look at ...
Regards
Mahesh