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Geoff

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Posts: 180

Joined: 12/4/2012
Location: Byron Bay NSW Australia

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Subject : RE: How Omnivest Works
Posted : 5/12/2014 7:01 PM
Post #30542 - In reply to #30541

Steve, I think that is a great idea!

This thread started by Mel, I think, really highlights the last hurdle to be faced by OV (lets assume OV is/will be successful, as we all think), and that is its perceived complexity. When I read Mel's post I initially thought, what's the problem, it's just technical analysis on a massive scale pumping out trades for our profit using strategies and portfolios. But then thinking it over, I have been trading and using technical analysis a long time and OT since '98, so I am comfortable with the whole concept and with Ed too!

If I was someone with little trading experience or technical analysis skills then I can well imagine how utterly confusing and confronting OV might be initially. I put this flowchart together in the hope that it will help get some people over the initial hurdle of its perceived complexity because we users all need OV to work and be accepted out there in the market place, it's the only way we will reap its benefits in the years to come. BTW, I firmly believe that Ed Downs is the only person in this industry that can pull this sort of project off. Go Ed!

Looking forward to seeing the website.
Deleting message 30542 : RE: How Omnivest Works


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