OmniVest Forum OmniVest Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
BrianD

Legend
100100100
Posts: 302

Joined: 2/23/2013
Location: Grand Rapids, MI

User Profile
 
Subject : RE: How Omnivest Works
Posted : 5/9/2014 9:31 PM
Post #30472 - In reply to #30466

Mel: Your flowcharts appear accurate. However, Jim's comment is important to keep in mind - OV & TP are evolving at fast rate. Current User’s Guide documentation on ‘how’ is weak. But the basics are there and the Forum is an important resource too.

I sense frustration from you and Lompocian. I’m also thinking many users are looking for guidance on ‘why’. OV and TP present tremendous feature/function for power users. Nirvana also understands there has to be simplified OV & TP for more basic users, or for Nirvana to provide ‘pick and go’ portfolios/account settings/TP’s – like a ETF or Mutual Fund. Stay tuned.

For users who want to understand and control the why, keep it simple as you start. Take small steps. Create an Account. Think about your comfort in risk. Pick a few strategies by looking at charts and performance. Make a portfolio. Review portfolio over some time frames through account settings. Review risk/reward through changing account settings. Paper trade with a broker through TP.

At the end of the day, trading is just a bloody tough business. From a personal perspective, after running OV for 15 months, and live trading with OV/TP for 11 months, I still feel 'lost' at times. But there are many supportive people on this wagon, so do not be afraid to ask for help. At the end of the day, Nirvana's success is predicated on our success, and ours on theirs.

Deleting message 30472 : RE: How Omnivest Works


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.