WESLEY CHAPEL, Fla., Feb. 21, 2019 /PRNewswire/ -- Vantagepoint AI celebrates 40 years of helping retail traders use the power of artificial intelligence to improve trading decisions. The company developed the first artificial intelligence (AI) trading software in the world available to retail investors and traders.
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After having introduced the very first trading software in the world to perform historical backtesting, Mr. Mendelsohn and his company again broke ground in the late 1980s by being the first trading software developer to utilize artificial intelligence to forecast financial markets and also analyze and quantify market relationships that exist between markets.
'When my father, Lou Mendelsohn, started our company in 1979, its purpose was to develop and license the trading software that he developed for himself to other commodity traders. This would be a way of funding ongoing research and development efforts to benefit himself and his family as well as other traders and their families.'
Louis Mendelsohn has been a pioneer in the world of artificial intelligence and how it could be linked to the financial markets. While Lou has been named a Legend of Wall Street by NASDAQ, the honor he cares most deeply about is the legacy of helping 'the little guys' to achieve financial independence and live their dreams. With son Lane at the helm today, and Lou actively involved in day to day operations, Vantagepoint Software has evolved to help traders use artificial intelligence to better their trading results. While many people think that an artificial intelligence tool that can predict the market sounds too good to be true, Vantagepoint Software users enjoy a window into the market's future usually 1, 2, and 3 days before trends begin to move. Learn more about AI here.
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'To say we've come a long way, is the understatement of all understatements,' said Lane Mendelsohn, President of Vantagepoint Software. 'We have changed the lives of more than 29,000 traders and investors around the world and we are fully committed to doing even more as we enter our 40 [th] year of empowering traders daily.'
See the science of artificial intelligence and how Vantagepoint Software can make a difference in the future of trading by getting a demo at https://www.vantagepointsoftware.com or by calling 1-800-732-5407.
About Vantagepoint AI, LLC. Headquartered in Wesley Chapel, Fla., Vantagepoint AI, creators of Vantagepoint Software, is a leader in trading software research and software development. Vantagepoint forecasts Stocks, Futures, Forex, and ETFs with proven accuracy of up to 86%. Using artificial intelligence, Vantagepoint's patented Neural Network processes predict changes in market trend direction up to three days in advance, enabling traders to get in and out of trades at optimal times with confidence. The company is also recognized as one of the Top 10 Places to Work in Tampa Bay and employs a family of over 60 team members. Vantagepoint is also actively committed to giving back in the Tampa Bay community and to Shriners Hospitals for Children.
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WESLEY CHAPEL, Fla., Feb 12, 2018 (GLOBE NEWSWIRE via COMTEX) --
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VantagePoint, the artificial intelligence trading software capable of predicting stock market trends up to three days in advance with up to 86 percent forecasting accuracy, is rated 'highly recommended' after multi-year tests performed by Terry Wooten, former editor for Dow Jones.
Wooten's review, published in YourTradingEdge (YTE), highlights VantagePoint's unique artificial intelligence forecasting capabilities that give traders a significant advantage over others who still rely on single-market, trend-following indicators that lag behind the markets. These outdated approaches look only at each individual market by itself, but fail to address the intermarket effects that related global markets have on the market.
'VantagePoint is a first-class tool to use to build profitable trading strategies,' Wooten said in the review. 'VantagePoint will provide a definite statistical advantage that I have not seen elsewhere. An intelligent trader or investor should have no problem recouping the cost of the software quickly. Highly recommended.'
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VantagePoint's version 10 -- just released last week with the most significant updates to date -- predicted the Dow's largest single-day point drop which occurred Feb. 5, 2018 five days in advance. Traders using the software leveraged this valuable insight to make more informed trading decisions in advance of the historically volatile trading day.
The review, available now in the bi-monthly magazine for traders and active investors, also details VantagePoint's ability to forecast Bitcoin, Litecoin, and Ethereum with the same high level of predictive accuracy achieved with all other markets it covers.
A free VantagePoint demo is available at www.vantagepointsoftware.com/demo/ or by calling 800-732-5407.
About Market Technologies
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Headquartered in Wesley Chapel, Fla., Market Technologies, creator of VantagePoint Software, is a pioneer and leader in trading software research and software development. VantagePoint forecasts Stocks, Futures, Forex, ETFs and cryptocurrencies with proven forecasting accuracy of up to 86%. Using artificial intelligence, VantagePoint's patented Neural Network processes predicts changes in market trend direction up to three days in advance, enabling traders to get in and out of trades at optimal times with greater confidence.
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