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    What is NLP?

    Dr Van Tharp also used NLP modelling to come up with his Peak Performance course for traders. I'm doing this now and finding it quite effective. About 3 years ago, I ordered a remote viewing training tape from some discredited Major in the military's remote viewing program. I had zero...
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    New Trader journal

    I'll be suspending my journal for the time being. Somehow I feel like I'm doing this bass ackwards. I really should develop my full system before I paper trade. I have learned something from the responses, however, and I thank all those who participated. See you when I'm better...
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    New Trader journal

    Here it is. Thanks for the comments. When I start trading with real money, I'll be starting out with only about $30,000 in order to test my future system. I'll probably also start with even smaller ( < 1%) position sizes at the beginning. I'll then slowly ramp up the amount of equity that...
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    New Trader journal

    Point taken. Thanks for the input gdf
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    New Trader journal

    I read somewhere, and believe to be true, that a total of about 15-20 stocks in three independant sectors/markets will give you adequate diversification in your portfolio. Comments? I'll go with this for now. My three sectors will be technology, consumer non-cyclical, and healthcare (as...
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    New Trader journal

    Continuing to learn. While developing the attached spreadsheat, I realized that I made a mistake with the position sizing. I just used $1000 per position to figure out how many stocks to purchase before. The correct way is to take my max position size for a stock ($1000) and divide this by...
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    New Trader journal

    Hello, Real newbie. I just started a free paper account on Wealth Lab (http://www.wealth-lab.com/cgi-bin/WealthLab.DLL/home) and will use this journal to keep track of myself and, hopefully, get comments from other ET members with the time/inclination to do so. I have not yet developed a...
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