Jim Dean![]() Sage ![]() ![]() Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA ![]() | My guess is that there are three types of people out there who might be "targetted" by the TL venue: 1. people that want to learn how to do discretionary trading, using signals from various sources, plus commentary-wisdom, and simple discretionary exit rules - much like the old SW Live. 2. people that want to learn very specifically how to use the plugin strategies that Nirvana sells, pretty much "out of the box" re scans, signals, filters, and trading plans, with a more "mechanical" trading approach. 3. people that want to learn how to truly manage their portfolio, using a multiplicity of tools in a disciplined, by-the-rules fashion, with special attention to position sizing, and portfolio risk management Actually, #3 "should" apply to either #1 or #2 ... so maybe that's the place to start here. My personal belief (and I'm not alone in this :~) is that #3 is *the* most important thing (along with state-of-mind management) for a trader to master, if they are to be successful for years to come. So, I would encourage the TL staff to start working on some serious development of rules and tools that they fully explain and "religiously" apply, regardless of whether their "action" method is #1, #2, or a mix. I, personally, have zero interest (actually, "negative" interest) in #1, since for me, that kind of trading (without clear, firm, measurable rules) is a guaranteed recipe for disaster. So, I hope there is more focus on #2 than on #1. But that's just me ... this thread is intended for others to comment on as well. Please, TL Guys ... don't leave out #3! I realize Nirvana has not as yet fully developed tools for this in OT/VT, but a spreadsheet is easy and could be a regular part of your training agenda. Thanks! |