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If you have ever heard of the concept of neurolinguistic programming, or NLP, which was originally conceived by linguist John Grinder and Gestalt therapist/computer programmer Richard Bandler, you will remember that it is basically a bunch of positive thinking techniques that has become popular in recent years by Anthony Robbins. Anthony Robbins explains the meaning of "neurolinguistic programming like this:

"The name comes from neuro, referring to the brain, and linguistic, referring to language. Programming is the installation of a plan or procedure. NLP is the study of how language, both verbal and nonverbal, affects our nervous system. It is in our ability to do anything in life which is based upon our ability to direct our own nervous system. Those people who are able to produce some outstanding result do so by producing specific communications to and through the nervous system".

One of the most popular methods for doing this is called modeling. This method basically states that behaviors can be installed into a person much in the same way that you would insert software onto a computer. You can use language to program the human mind with productive beliefs and behavior rather than bad ones. All you have to do is pick a successful person to serve as the model, and then imitate them. He believes that by doing this you can program your mind to successful habits. Anthony Robbins says that a key aspect to NLP is that all human beings share the same basic neurology. This means that if anyone in the world is successful at doing a something, any other human being can do the same thing if they run their own mindset in the exact same way. That is where the term modeling came from because you are modeling your behavior after them. You can also take advantage of personal development affiliate programs like SkyQuestCom or Success University

If you want to achieve success, all you need to do is find someone to model yourself after and all will be fine. The hard part may just be finding that person to start with. The best part about Anthony Robbins method is that you can apply it to any aspect of your life. For example, you can be a better parent, athlete, chef, student and any other aspect of your life that you want to be successful in. Anthony Robbins methodology might sound too simple, but that is part of its brilliance as it makes it easier to understand and apply to your life.

Read Anthony Robbins Life Story Here

http://www.greatwebucation.com

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But how can you possibly get experience as a stock trader without first becoming a trader? It's a Catch-22 - or is it?

Paper Trading - Be a Risk-Free Stock Trader

A great way to get started as a trader is through paper trading. Paper trading, despite the fancy name, is really just "imaginary" trading. You become a stock trader on paper only, with no money on the line.

Here's how you do it: First, buy a journal. You'll record your trades in it. Next, determine how much of a "fantasy" budget you'll give yourself as a paper trader.

If you want to become a stock trader for real, you should probably give yourself a realistic spending limit - whatever you might be able to start your real career as a trader with.

Then, each day you should record your trades in the journal, with the date and time of the trade at the stock's real price - no cheating!

Do You Know Another Wannabe Stock Trader? - Get Your Friend Involved

The best thing you can do to keep yourself honest as a paper trader is to enlist the help of a friend. Instead of using a journal from the office supply store, create an online journal.

This can be your very own stock trader blog, or perhaps just a simple, free message board. No matter what format you use, make sure that your posts are time-stamped. Then, enter your buys and sells on the message board, so that the real time is displayed.

You'll stay honest because your friend could go on Yahoo! Finance and find out what the real price of the stock was at any given minute.

Don't Limit Yourself to Buying and Selling - Use Advanced Strategies Too

Another great thing about being a paper trader is that it allows you to try out advanced strategies. Have you ever wondered how options work? You can give them a try. How about shorting stock?

Record a short on your stock trader blog and then reap the imaginary rewards as the stock goes down, instead of up.

You can even do things like trade foreign currencies, buy and sell commodity contracts, and get involved in futures - the possibilities are limitless! Just make sure that you keep yourself honest.

Otherwise, you aren't doing yourself any good, and when you finally graduate to being a real trader, you could lose your shirt.

You Can Be The World's Greatest Stock Trader - But It Will Take Work

Paper trading is a great way to learn about the market, and it's a ton of fun too. Other opportunities to test your trading skills are always popping up - CNBC regularly runs "fantasy portfolio" contests that work sort of like fantasy football or baseball. Last year, they even gave away a brand new sports car to the winner!

But to be a truly great trader, you're going to have to put in some serious work too. You need to read some of the classic investment books, such as How To Make Money in Stocks by William J. O'Neil, and Reminisces of a Stock Operator by Jesse Livermore.

You should probably start watching CNBC on a daily basis and subscribe to a couple of magazines like Forbes, Fortune, and SmartMoney. If you really want to be a full-time investor, you'll have to first invest in a subscription to The Wall Street Journal, or better yet, Investor's Business Daily.

Being the world's greatest trader will take a lot of work, but even if you fall short and you're only the 500th greatest stock trader in the world, you'll still be rich beyond your wildest dreams!

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Both Chu Ern Teng & William Smith are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Chu Ern Teng has sinced written about articles on various topics from Residual Income, web development and Residual Income. Chu Ern Teng is the owner of http://www.greatwebucation.com. He aspires to create awareness on Webucation to help others to achieve financial freedom through th. Chu Ern Teng's top article generates over 18100 views. Bookmark Chu Ern Teng to your Favourites.

William Smith has sinced written about articles on various topics from Investments, Network Marketing and Baseball. William Smith the author provides much more financial information on many subjects as well as the secret to his success in the market along with 5 Free power stock picks emailed daily so grab your Free subscription on his website at. William Smith's top article generates over 90500 views. Bookmark William Smith to your Favourites.

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