fx trading

Swing Trading Strategies

2011-01-16T10:58:00.000-08:00

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Using Swing Trading Strategies and Technical Analysis when Trading Stocks to Make Consistent Trading Profits.

This article is one small part of a series of lessons using Swing Trading Strategies and Technical Analysis developed by WD Gann which are designed to show how anyone can build a profitable Stock or Commodity trading business from scratch.

The lessons are available for you to study here at StockTradingReview.com

Swing charts can be a valuable technical analysis tool in determining the trend of any market or Stock and assisting with entry and exit levels for your trades.

Please follow along on the charts below as we go through this lesson. Charts available at StockTradingReview.com.

Firstly some basic ground rules for those of you who are unfamiliar with swing charts and swing trading.

WD Gann is credited with bringing swing charting methods into prominence may years ago, and he used swing trading extensively along with his forecasting skills to profit from the market.

Please study the first chart below. I have drawn the swings of the market over the bar chart so you can see how a swing chart is drawn. Charts available at StockTradingReview.com.

The line on a daily swing chart goes up to the highest point of the daily bars each day until a daily low is broken, then goes down to the low of each bar until a daily high is broken. Pretty simple.

An inside day has no effect on the swing chart - the swing line simply stays where it is until a daily high or low is broken.

An outside day affects a swing chart in different ways, depending on the price action of the market.

If the price rallies first, making a new daily high, then falls and makes a new daily low, the swing chart goes to the top of the high bar first and then to the low of the day.

If the price first goes down and breaks a daily low, then rallies to make a new daily high on the same day, the swing chart goes down to the low of the day, then goes up to the high of the day.

An outside day that is with the trend is usually a very good trend continuation signal - traders tried to change the trend of the market early but were overwhelmed by the other market participants.

You can see examples of outside days in the chart above.

Now, lets have a look at how to use this trading method in a Stock.

Looking firstly at the first chart of UNH below, we can see that the Stock is making higher tops and bottoms, therefore the trend is obviously up.

At no stage has there been any reason for a trader to do anything but buy this Stock or trade it in that direction using Derivatives. If you have charting software and would like to follow along with this trade, please do so now.

If you do not have charting software, consider subscribing to Incrediblecharts or you can go to Bigcharts and use their free charting software. If you use Bigcharts, select 'Java Chart' with the code UNH and you will be able to scroll back and follow the prices as we go through them.

The fact that this Stock was in an uptrend prior to this area of the chart gives us a clue as to which way the trend is likely to go in the future. Trends usually continue for far longer than most traders think they will.

The 30 day simple moving average (the blue line) will be our final trend filter for determining trend direction - we will not take a trade against the direction of the 30 day moving average.

WD Gann placed major significance on the fact that strongly trending Stocks or Commodities usually had reactions to the main trend of 3 days or less. Therefore, we will define a strong uptrend by the following rules -

The price bars are predominately above the shorter term (7 day) moving average

There are more up days than down days - in other words, more blue bars than red bars on our chart

The reactions to the main trend are 3 days or less

We need a higher swing high first, then a higher swing low before we can enter an uptrend

Assuming that we are just starting to trade this Stock and it looks promising as a candidate because it has been trending consistently higher for several weeks, how do we find an entry signal using swing trading rules and strategies?

After the 5 day reaction that ended on December 10 (near the bottom left had side of the chart above), the Stock advanced for 4 days up to what could have been a double top.

Because the trend is up, double tops often fail, but many traders think it's the end of the run and naturally sell, often resulting in a 1 or 2 day reaction. As the top is taken out, the majority of these traders will buy back their sold positions, giving additional strength to the uptrend with their buy orders.

This is what happened here - there was a 1 day reaction and then the Stock rallied straight to a new high for the move, indication great strength in the uptrend and possibly short covering as well.

Our buy signal is as soon as price trades 5 cents above the high of the lowest day any the reaction.

Once we are in the position, we place a stop loss order several cents below the swing low formed by the reaction in case the trend fails to continue - if this occurs we will be safely taken out of the trade with a small loss.

The low of the 1 day reaction at $52.55 failed to make it down to the previous swing high at $51.79 (note the horizontal line drawn across from this top), leaving a gap in price of 76 cents.

This subtle signal is often a sign the market is giving us that it is about to start a strong move higher. The sellers failed in their attempt to push the Stock price lower - This means we should BUY!

By taking out the old high and a potential double top within just one trading day, the Stock is telling us that there is a good chance of further gains. If it had taken several days to take out the old high, the risk is that the move higher has a greater probability of failure.

So, we are now in the trade with a stop loss order in place below the swing low. The Stock had another day up, then another 1 day reaction, then rallied to another potential double top, had an inside day and one day down, then to another new high.

The formation of another higher swing low gives us another opportunity to compound our position as soon as the price trades above the high of the low bar (turning our swing chart up again) and then we place our stop loss orders safely a few cents below the higher swing low.

The Stock again left a gap in price between the swing low and the previous swing high and made a double bottom at $55.51 and $55.54 - this is a very powerful continuation signal.

The Stock then rallied for 5 consecutive days. Things are looking great, then suddenly, in one day, the price falls right back down, through the previous swing lows, and stops us out.

This is a problem if we keep our stop loss orders close below the swing lows. For this reason, it pays to back test how far a Stock you are interested in trading usually goes through swing lows before recovering.

Some Stocks will trend well for months, then break a swing low by 20 or 40 cents, only to then continue on with the trend. If a Stock routinely goes 40 cents, we want to put our stop loss orders at least 50 cents below the most recent swing low, so we are not stopped out prematurely. How far below the swings is something you will be able to work out by back testing the Stocks you trade.

By doing your own research and finding how the Stocks you trade usually react around swing lows, you will be able to place your stop loss orders a safe distance below the swings (or above the swing highs in a downtrend) and ride the big moves without being stopped out.

Of course, some Stocks do not lend themselves to swing trading, so just don't use this strategy on those Companies. Use another method more suited to those particular Stocks.

UNH continued to rally after this selloff, making higher swing highs and lows, then breaking the lows occasionally. The 30 day moving average continued to move higher, so the way to trade this Stock was to keep looking for buying opportunities off each of the higher lows within the trend.

This is one of the drawbacks of swing trading - often very good trades will be interrupted by you being stopped out. Then, you have to wait for a higher swing high, then a higher swing low before you can enter again.

While this is annoying, there are many times when a Stock will trend upwards for many weeks and not break a swing low. There are periods when Stocks will trend lower for weeks or months and not break a swing low.

You cannot know beforehand what will happen with any particular trade, so you just have to take them all and roll with the punches as they occur.

Over time, if you are trading Stocks that trend well and don't consistently break swing lows or highs by more than a few cents, you will do very well using this method.

If the Stocks you trade do not trend, this strategy will cost you a lot of money.

Therefore, look for Stocks that trend and trade only those. The Charts below show some more example of strong trends with the swing chart overlayed over the price bars. Charts available at StockTradingReview.com.

All it takes is a few of good strong trends like those above each year to make a lot of money trading. Unfortunately, many people fight the trend and sell too early or even short sell Stocks that are in strong uptrends, thinking they have picked the top, only to see the Stock continue to rally further immediately.

By the time the buyers are exhausted, these traders have spent their monetary and psychological capital in a futile attempt to pick the top of the market.

Swing charts give us a mechanical indicator to use for entries and exits and take a lot of the guess work out of our trading. Along with the 30 day moving average, it was very hard to argue that the trend was anything but up at any time here by simply looking at the higher tops and bottoms on the chart and the trend of the blue line.

Losses on some trades are inevitable, as we cannot know for sure what the market will do. It only takes one person somewhere in the world to invalidate your perfect trade set-up and send the price of any Stock in the opposite direction to what you were certain was going to happen.

All our analysis can do is alert us to probabilities - there are no certainties in financial markets. This is the hardest thing for most traders to accept. We all hate to be wrong, but that is the nature of the Business.

All we can do is take every trade and see what happens. The better our analysis and our system, the more likely our trades will produce profits.

Every one of us must develop our own system of analysis that we are comfortable with, based on what we learn from other traders, and then we must take every trade that system signals. If we start to second guess our system, we may as well throw it away and just stick with our day job.

Make a decision to develop a system you are happy with, whether it involves the Swing Trading methods I have shown you in this lesson or not, and commit to taking 20 trade set-ups no matter what, firstly on paper until you gain confidence, then if you are making paper profits, using real cash.

Then follow your rules to the letter. This will give you an objective measure of how profitable your system is and whether it is right for you.

If you can enter a trade and hold a position overnight while still being able to sleep, your plan is sound. If not, you may need to reduce the size of your position or adjust your plan is some other way.

The large profits come from identifying a strongly trending market and taking multiple positions with that trend. This naturally involves holding overnight, sometimes for many nights.

We hope this lesson helps you in your understanding of Swing charts and Gann's Swing Trading methods and how to use them. If you have any questions, please email us by using the form on the Contact Page and we will try to answer them for you.

If you feel you have benefited from this article, and would like to learn more about Swing Trading, then please feel free to subscribe to our Free Newsletter "The Stock Trading Review", for stories on how other traders use Swing Charts and Swing Trading Strategies to make profitable trades in the Stock market.

Visit the website at, StockTradingReview.com for more lessons and articles on Swing Trading that will help you become a better, more consistently profitable trader.

To Your Trading Success,

Tony Spann and Stock Trading Review Team

Stock Trading Review is dedicated to helping you succeed as a trader by sharing with you simple and easy to follow tips and techniques.

Discover more insider secrets and the exact proven strategies to trade stocks profitably: http://www.stocktradingreview.com

Popular Online Trading Styles

2011-01-15T16:56:00.000-08:00

There are many methods and styles used by traders to trade online. The categorization of these styles of shopping online can be done using several criteria, such as commercial products, trading range between purchases and sales, methods and strategies used for trade, etc..

Based on the marketed product, commercial online styles include commercial actions, options trading futures, commodities, trade forex trade etc. Stock traders trade actions or actions of companies. Trade options, that allow one option traders buy or sell a right in specific time periods in terms of specific market. Futures traders in commodity trade contracts; online and online merchants contracts for products such as crude oil and natural gas or contracts the Treasury notes and bonds. Pairs trading online forex traders currency, buy a currency and sell another according to exchange rate changes.

Agreement with the interval between the buying and selling products online traders may be broadly classified in to traders in the short term and long term investors. General traders trade in less than a year range are known as short-term trader and those with more than a year of trade range are known as long term investors. Short-term investors, form the majority of active traders, trade according to trends in the short term products. Traded products normally on their merits. Long term investors trade objectives in the long term; often company/industry specialists want to invest in cultivated fields.

Commercial short-term can still be classified in a day trading, swing trading and trade position. Online day trading is the most active type negotiation. Commercial traders the day interval is less than a day. Buy and sell products with in seconds, minutes or hours to generally small advances. Day trading eliminates the risks during the night. Day trading involves scalpers - buy and sell lots of actions and contracts with in seconds or minutes of very small quota increases and impulse - merchants trading in accordance with the distribution of trend of actions and specific contracts with in one day.

Buying and selling range of online swing range of traders in few hours to 4 or 5 days. Them, as traders day, shares and commercial contracts with slight fluctuations in the price, but they are willing to maintain its position until the next day. Swing online trading involves risks during the night, but they have the percentage of profit higher than the price of the day. Merchants online position trade actions/contracts with a range of days and months. They relay on long-term trends and performances of the company. They have higher percentage gain and greater risks than online swing traders.

According to the strategies followed online commerce can be classified in style of Brother-in-law - go to brokers or other traders, traders trade technical style merchants use advanced to determine trends, trading systems trade Economist style - traders to economic predictions, Scuttlebutt - trade in accordance with the information extracted from intermediaries or other sources, market value style - commercial style relay trade according to the merits of individual rather than the entire market and commercial aware style - populations combination of two or more above styles to find the right opportunity.

Praveen Ortec works to NobleTrading.com, a commercial agent online discount providing commercial day online and other swing online exchanges in 4 different business systems.

Stock Trading Success

2011-01-15T01:34:00.000-08:00

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The ABC's of Stock Trading Success

Stock trading success...why is it so elusive?

With all the trading information, systems, trading advice and assistance available today, the fact that most people who attempt to profit from trading Stocks lose money seems quite bizarre.

Can you imagine the millions of dollars that must have been spent by countless traders on courses and Stock analysis software, that was wasted because the buyers didn't understand the key principle of trading success I am about to share with you now.

We aren't going to need any charts for this lesson...just your ability to comprehend the value of what I am about to share with you and your willingness to take action - right now I want to share with you the ABC's of trading success.

If trading was an easy business to master and profits were freely available to all, every punter with a computer and a free charting program would be a millionaire and the streets of our cities would be clogged with chauffer driven limousines.

The fact that the majority of the population have no idea how to make a buck from the Stock Market, often after spending large amounts of money on education and trading losses, made me wonder why this is so.

I searched for the answer to profitable trading for years, until I found it in an unexpected place, when I wasn't looking for it at all.

You may be able to relate to this story, or you might just be starting out and this will help you to reduce the time you spend in your initial learning stages and speed up your path to profits.

Let me tell you about Jim (not his real name...of course). Jim first started trading after answering an ad in the Brisbane Courier Mail for a popular trading education package that cost him around $1000.

Little did he know that the fateful investment in that course would lead him into the abyss of Gann analysis, and that it would eventually cost him thousands of dollars in courses and trading losses to pull himself out the other side.

He read the course, watched the videos, read the course, watched the videos...you get the picture.

Losses, losses, small profit, losses.

He felt that because of his limited knowledge, he had to learn more and more in order to stop the losses and to start profiting from the market. So he spent more and more on courses - and his trading got worse and worse.

The more he learnt, the less he seemed to know and the worse his results became.

Then, he finally learnt about the A, B, C triangle of success, in trading and in every other area of life, from one of his property mentors - John Fitzgerald.

The A, B, C's stand for -

A - Awareness

B - Belief

C - Conduct

Awareness - He realised that he already did in fact know enough to become a successful trader and investor. He had studied many books and courses on trading and had everything he needed in the way of practical trading information to make a profit.

He was aware of what it took to trade profitably. He could become a good, a great trader, if he could just develop the second factor...

Belief - If he could bring himself to believe that he was a good trader, he would become a good trader.

He didn't need more knowledge at that time, because he had a firm grasp of the basics. He simply had to believe in himself and his abilities and the profits would follow.

The third leg of the success triangle

Conduct - Was were he was falling down.

He would look at a chart of a Stock or market, and decide on a trading strategy using his understanding of trends - he was calm, detached and unemotional - just like his written trading plan told him to be.

His success rate was good at finding profitable trades - but his conduct was the problem...

He had no trouble placing the trade while the market was closed. He would simply call his Broker and give him the order.

Then, the market would open. His calm, detached, unemotional state would turn into panic.

He would feel physically sick at times, scared in case his analysis was wrong and he lost money on the trade.

He honestly believed that he couldn't afford to lose any money (the poor mans mindset) so he focused on losing.

He got what he focused on...

He watched his trades like a hawk, and at the first sign of a reversal against his position, he would either call his broker and exit the trade, or move his stop loss order to a place where he was virtually guaranteed of being knocked out by the normal fluctuations of the market.

He simply had too much leverage - he was over trading.

He was continually setting himself up to fail.

His conduct was the weak link in his trading success triangle.

Because he was continually losing money on his trades, albeit only small amounts, his belief system started to falter, and he saw himself as a losing trader even more - then he started to think he had two weak sides on the success triangle - conduct and belief.

He started to question the system he was using, which he had painstakingly back tested, over many markets on hand drawn charts and knew was solid, but his failure to have control of his conduct or belief made it look like it wasn't a good system at all.

So, how to fix it...

He sat down and looked at his recent trading results, and noticed that on most occasions, if he had stayed in the trade, he would have made a profit. His system was valid. His Awareness was enabling him to find and execute profitable trades.

His Belief system needed a gentle prod after several losing trades in a row, but because he had done so much study and work on back testing, he knew he deserved to be successful.

He started to visualise himself in his trading room, making profitable, long term trades and enjoying the benefits that this type of trading would bring to himself and his family.

Then, he worked on his conduct. He again wrote out his trading plan, and decided that he would treat his plan like a shipwrecked sailor treats a life raft.

He would cling to it until he was forced out of a trade by the actions of the market, not by his fearful, emotional response to the actions of the market.

He started placing his stop loss orders in a position so that the market had to change trend in order to take him out of a trade. In other words, a logically placed, technically correct stop loss position.

He then reduced his position size to allow for these stop loss orders being further away from the price action, so that his account was never at risk of being totally wiped out by one serious loss.

He did a pre-trade and post trade analysis sheet, so he could analyze his performance and try to consistently improve his results.

(This can be as simple as a sheet of paper where you write down your order, the position of the market and your thoughts and feelings before, during and after a trade.

Or it can be an elaborate system of checks and balances that guide you through each of your trades. Be careful though - keep it simple or you probably won't use it!)

Once he started to do this, he started to make money (with the exact system we have been teaching you on this Website).

(There are, of course, many other strategies and systems you can use in addition to the lessons we teach you to increase your profits, but to start with, these methods are all you really need to become a profitable trader.)

We are always learning and improving - every trader should strive to do this also.

When you are making consistent profits using the methods we have shared with you, investigate some of these additional entry and exit techniques, but not at the start. Keep it simple.

When he started to trade this way, he found it was far better to take a small position with a loose stop loss and be able to sleep at night, than his previous strategy of using maximum leverage and stressing out whenever he was in the market, to the point where he couldn't stand to walk away from his screen in case the position went against him.

This method sets up lots of profits and a few losses. Much better than the alternative he had previously used.

He then started looking for Stocks that trended strongly for long periods of time, and was drawn to the US Stock Market.

He used exactly the same entry and analysis techniques I have shown you on the Website, and -

He bought Call options in Gen Probe Inc (GPRO) with the Stock at $27 and held on until the Stock price was $58 three months later.

He bought Pacificare Health Systems Call options (PHS) when it was trading at $24 and held them to $51 four months later.

And he bought Sandisc Corp Call options (SNDK) with the Stock at $24 and held them to $58 less than four months later.

(Please Note - these are not Stock recommendations, they are merely mentioned here for illustration and educational purposes and the trades are hypothetical examples).

Can you imagine the change in the size of his trading account balance?

None of these Stocks had given him any reason to sell earlier, so he simply held on for the ride...Awareness, Belief, Conduct...the success triangle.

The Awareness will come when you study and really 'get' the lessons on the Website and in the Newsletter.

Study the lessons carefully, read books written by the masters. Teach others what you have learned - you will gain a better understanding yourself.

All human interaction is a chance to learn or to teach.

By teaching someone else and sharing your knowledge, you will learn any subject at a deeper level.

You ultimately go from an intellectual understanding to an emotional understanding (as Robert Allen calls them, an aha!) of your chosen area of interest, in this case, profitable trading. Try it...

The Belief will come when you back test the Trading Plan I share with you on the Stocks that you want to trade and prove to yourself that it does indeed work.

Visualize yourself making a series of profitable trades. Feel how good it is to see the market moving in the direction you expected it to.

Imagine spending the profits you make trading Stocks with your family and friends, and the time you will have to do the things you want to do instead of the things you have to do. Successful trading gives you the 'time freedom' to do whatever it is that you want to do with your life.

Do it first in your mind, and then do it in the market.

Your Conduct - well that's up to you. Will you 'decide' to look at your written trading plan as your life raft? Cling to it as your last defense against the emotions of fear and greed that live inside each one of us?

Will you trade with the trend, enter off 1 to 4 day reactions to the main trend, reduce your leverage or position size and put your stop loss orders out of the way, so the market has to change trend to get you?

If you do this, you should be confident that you can achieve trading success. That is our wish for you. Good luck.

Now, lets review today's lesson -

The Trading Success Triangle has as it's three sides - Awareness, Belief and Conduct

If any of these elements are weak or missing, the triangle has no strength

The sides are all important and are dependent on each other, but Conduct is the most difficult for the average trader to master

Fear and Greed act to change our conduct from what our rational thoughts tell us is the correct course of action, to actions that aren't always in our best interests. By controlling Fear and Greed, we can make rational decisions that help us to become profitable traders

I hope this lesson has helped you in understanding the mindset of a successful trader a little better.

Understanding these three critical elements of trading psychology will put you well on the way to a profitable trading career.

Get this, and your trading success is practically assured. Miss the lesson, and your chances of making big money in the Stock Market are profoundly limited.

Please feel free to share this lesson with your trading friends and associates - they will thank you for it.

To Your Trading Success,

Tony Spann and the Team

Stock Trading Review is dedicated to helping you succeed as a trader by sharing with you simple and easy to follow tips and techniques.

Discover more insider secrets and the exact proven strategies to trade stocks profitably: http://www.stocktradingreview.com

Everything you need to know about the fair sample

2011-01-14T08:49:00.000-08:00

In fixing a trade show, there are various points, as well as factors to be considered. Because it is a trade fair, however, the sample is considered very important for the success of the series will be the point of sale of all. Therefore, it is important to develop with trade show displays that are of very good quality and value defined for the spectators.

1 Types of sample data

There are all kinds of trade show sample that is available in different sources. You can try to get its fair shows Internet where you can choose between numerous numbers of manufacturers. Or if images really doesn't work for you, therefore, may be better to obtain their stocks trade show displays from local manufacturers. This is better for you because you can see the goods in advance to ensure that it will be happy with it before it is purchased.

2. The sample is the most important investment

Trade show sample varies considerably by that of trade show displays that it is destined for higher usage table. If it is fair, then, it is useful to have this type of trade sample screens are offered for a minimum price. This is because there are many manufacturers and suppliers that make this type of goods. There are also a lot of designs that you can get for this type of trade show display. Therefore, it is a very good investment to make. Such fair shows to the top of the table styles are as follows:

-Popup window

-Folding panel

-Prezenta Display style

-Show the top of the table max.

3. The permanent floor displays

These fair sample is also called as separate screens that are designed to be able to support themselves during the fair. There are many different sizes as well as sizes and colors for these standing floor trade display screens, the most popular are permanent plant trade models screen display are emerging 10 feet long. The word permanent displays of trade show also come into folding panel display type.

4 Roll-up display

It is also the accumulated trade show display. The submission of the accumulated trade show also often such banner. Tones of banners or banner blades are entertainment notebook sample commercial offer great flexibility and more often used for units of stand alone trade show display or that are used in combination with a larger trade show display in order to highlight a particular item of interest in a fair. This kind of trade fair sample is light in design and is small, as well as compact in size, which makes them the perfect travel fair displays that are also quick and very easy to configure. There are two types of roll trade show exhibition, face accumulated fair representation as well as the expensive accumulated double trade show presentation.

5 Accessories

Another trade you can purchase from traffic Internet show viewing stores or local trade show sample shows traders are to call fair display accessories that are pieces that not only complement trade show display another fair sample will be can pull off that final touch their trade show display. Trade show display accessories are as follows:

-Extra halogen lights

-Carpet trade show display

-Podium kit

-Director of Chair

6. Good luck!

Fair success depends heavily on its trade show sample is why you need to find really good to act as its fair sample pieces. You can sample again show custom trade or second had fair displays, really does not matter how much long as trade every bit and each of you display sample complement each other and look great together. Really is the primary key for a successful fair.

For viewing the large trade show more related articles and resources check out [http://www.weknowtradeshows.com]

Find your future sales of blood types

2011-01-13T16:16:00.000-08:00

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Perhaps the greatest luxury I have in this business is the ability to observe the experiences of many traders with different personalities, life schedules and risk capital, each trading in a variety of markets। What most astute brokers realize is that, over time, as some individuals prematurely exit winners while others desperately cling to losers, it becomes quite possible to match different "blood types" of those traders with their correct "trading diets."

Clearly, we're not talking the medical blood type here, but in the figurative sense it makes the right point. With practice, it's not too hard to determine blood types (type of trading best suited to the individual) based on the personality of the trader, and then prescribe a diet based on that individual trader's capital, experience, risk profile and schedule.

Discovering Your Blood Type and Trading Diet

Just like a diet, where there is no right plan for everyone, in trading there is no single plan for all traders. Before deciding whether to "cut out the carbs," "add more fiber," or simply avoid certain markets, do some self-assessment, starting with personality. For example, are you hesitant or impulsive? Patient or short-tempered? Identify strengths and weaknesses, and then let someone close to you help pinpoint those personality pros and cons. Have a tough skin; it's for your own good.

To further understand your personality, keep a trading journal to help zone in on specific traits and how they affect your trading. Remember, understanding your personality is one thing; understanding it when you're trading is another. While patience with children is good, patience with a losing trade is not. A journal enables traders to review winning and losing trades and identify factors that aided in success or contributed to failure. After reviewing inner traits, don't forget to review the outer ones--your schedule and risk capital. Think long and hard about how much you have available in terms of time and risk capital when it comes to trading, and don't delude yourself. In addition, look at how you are using your time and risk capital. Go over the market(s) you are trading, the style of trading and time frames you are using. Is this market, this style and this time frame suitable to your risk capital and personal schedule? Are they suitable to your personality?

Doing some self-assessment is absolutely essential to determining what type of trading diet you should be on, as the examples later will make clear. But first let's define the trading blood types and their respective diets.

Blood Types and Trading Diets

No A-positive or universal donor types are necessary here. Instead, for our purposes, let's classify types by using NT, PT, DT and ST.

NT. Is trading suitable for you at all? That is the question. Trading require a desire to take risks and, of course, the ability to afford to take them. These simple suitability questions must be firmly answered in the affirmative before anyone can consider taking the plunge. Those who have little desire for risk, have little risk capital to spare (and completely disposable income at that) and little time to devote to this very challenging exploit are classified as blood type NT (No Trading). The right diet is no trading at all. No carbs, no cals, no fiber, no fat. Nada.

PT. Those who are either gun-shy or trigger happy would be classified as blood type PT (Position Trading). With what kind of regime, you ask? Clearly this type requires a rule-based diet. To develop those rules first and foremost means doing some homework after market hours. Once these rules are in place, test any possible trade idea against those guidelines because each trade must pass this test before Mr. or Ms. PT enters the trade. This is the time to plan a trade from start to finish, visualizing a few different scenarios with a possible action plan. It may also be the time to employ the assistance of a full-service broker. His or her job should be to help implement the rules that will keep the trigger-happy trader from going nuts or help the trader with a fear of pulling the trigger to take the right kinds of actions.

DT. Some traders simply cannot take any positions home with them. It hurts the quality of their "after-trading-hours life" and makes them uncomfortable. Most of them also are impatient by nature and tend to over trade. They feel a need to be in the market at all times because they are scared of missing a good trade and scared of losing too much. This blood type is classified as DT (Day Trading).

Patience, discipline and strategy are the main diet ingredients for this group, but certainly not exclusive to it. Setting daily loss limits is a must, and a daily trading journal will help them quite a bit. The correct training cycle for successful day trading involves education, planning, routine, survival and getting to the point where a trader finds the set ups with which he is both most comfortable and can produce high success rates. A note here: More often than not, the biggest obstacle DTs face is the patience for such a set up; they feel they are not working if they are not trading, because they are day traders. This is one mentally crippling thought they must get over to survive. Being a day trader does not mean that the individual must be in the market with frequency -- only that he must be flat at the end of the session so as not to take his position(s) home with him.

ST. Then there are traders who try to go with the flow of the market and take small to medium bites out of market ranges or, perhaps, trade ranging markets between different support and resistance levels. Many will do it well for a period of time until they are almost married to it and get stuck with a loser. Let's classify this group as blood type ST (Swing Trading).

The biggest problem most swing traders have is the ability to take losses. Too many traders -- even those who generally are good, consistent traders -- fail by carrying one big loser one too many times. Is this stubbornness, the inability to admit making a wrong move(s), simply a case of hoping instead of trading? Those who have walked in these shoes know who they are and should be ready for the ST diet -- placing stops and understanding that even the best of traders have more losers than winners. The math is very simple. Because many markets will trade sideways, there are times when both longs and shorts will come out losers. Some trades simply don't work. The bottom line is that the total of a person's winning trades should outnumber losing trades.

How Two Traders Changed Their Diets

The following two examples, which combine traits of various clients with whom I've worked over the years, point out some of the considerations of which traders must be mindful as they try to figure out what trading diet is most appropriate. The names have been changed to protect both the "innocent" and the "guilty."

Example #1. Karen was one of my first clients. A smart and outgoing woman, she worked in the human resources department for a large company. During her first two years, she had some winning trades but, overall, her account was down.

Karen juggled a busy schedule everyday. She had numerous meetings and often traveled, yet she insisted on day trading stock index futures. I tried to direct her into a different approach, but she resisted.

My advice did not sink in until she hit a period during which all of her trades were going against her, and she was facing a margin call. When I spoke with Karen, her normally self-assured demeanor had changed. She was scared. She was no longer looking forward to the next trading day. After losing most of her money, Karen struggled to make a trading decision. The once confident, outgoing and independent trader was now grasping for outside advice from a variety of newsletters and other resources. She was desperate.

On the morning after a long holiday weekend, Karen called me and with a steady, confident voice, placed orders to get herself out of all of her positions. Over the weekend, she had read a book or two and had some conversations with her husband. It's hard to determine which of these produced the "epiphany," but she now wanted to try a different approach -- one of a longer-term nature (PT). After careful reflection, Karen recognized that she was at times impulsive, stubborn and simply not realistic (not good for a DT).

Even though she clearly could not devote the time necessary to be a day trader with her current work schedule and mentality, she realized that her routine and dedication must change completely no matter what the trading time frame. She was now dedicating 30 minutes during the day and/or evening to go over the markets. She adjusted her trading size to fit a longer-term approach but, most importantly, she had a plan, and that plan fit her schedule. She no longer had to make decisions in the heat of the moment. She started looking for longer-term trends that did not require hour-to-hour decision making.

Karen finally understood how to successfully incorporate trading into her life while having another demanding career. Her account has grown over the last two years through the changes she implemented in her routine, behavior and trading style.

Example #2. John started trading about four years ago. He seemed an agreeable enough person, but very business-like with no time for chit-chat. He wanted to trade online from the start because he had plenty of stock trading experience. John lived on the West Coast and was a real estate agent who did pretty well in the dot com bull market trading stocks until the market met its maker. Confident, willing to learn and fairly disciplined, he was trading with $25,000 of pure risk capital, adequate for a first-time futures trader.

Days went by and every morning as I was going over my clients' daily statements, I noticed that John was trading coffee. Not only was he trading coffee, but he was sometimes day trading coffee. I let him know that I would be pleased to talk with him about various markets if he wanted. He would call once in a while checking on fills and asking about different reports.

A few weeks down the road, John called and mentioned he would be in the L.A. area and would like to meet for lunch. During lunch, he mentioned his frustration over recent losses when trading futures. At this point, his account was down to about $14,000 over a six-month period. I asked him why he was attempting to day trade coffee, and he said his brother-in-law was a coffee importer/exporter, and he thought that it would help him. The coffee market was open from 6:15 a.m. to 9:30 a.m. PST, which perfectly suited his work schedule, but as I found out later, not his personality.

I asked him to start writing a trading journal, which allowed him to look back objectively and find patterns in behavior that both helped him and hindered him. John's journal revealed that he was frustrated with the slow fills of the open-outcry coffee market, and so he was quick to get out of winning trades and too slow getting out of his losers. He was trigger happy and at times traded larger positions than he should have.

I suggested that we change his "trading diet" around a bit and introduced him to the U.S. Treasury bond and the E-Mini stock index futures; both trade electronically and provide instant fills. These markets were perfect both for his schedule and personality.

I felt that these were good markets for both day trading and swing trading and recommended a few concepts in money management and trade management. The first was the maximum daily loss that he should set and place in a visible way as a reminder. The second was the setting of a daily profit target. Though it was somewhat hard to implement, if he could walk away when he was down to his maximum daily loss or when he reached his daily profit target, he would last much longer as a trader. It also would give him a better chance of succeeding down the road -- in other words, smaller steps down that longer road.

John is still down in his account, but he is making progress. Here are a few tips that have helped him: Instead of buying and selling five contracts at a time and "starting and finishing" the trade this way, he now gets into his trades in multiples of three. In the past, John simply would buy five contracts when he thought he needed to go long and sell five when he felt he needed to take profits or cut his losses.

When John gets into a trade these days (let's say in a long position), he will buy six contracts and place a stop loss on all six. Initially, he looks for a small profit on the first two contracts. (It helps him mentally to know "I took a profit on this trade.") He then raises his stop loss and changes it to a four lot. He looks for a second profit target for two more contracts based on his support and resistance levels. If that profit level is reached, he can get "greedy" with the last two contracts. In essence, he now knows how to manage his trades in a way that increases his profitability. And, further, and perhaps as importantly (based on his personality), he does not feel like he is missing out on big moves if they happen, and he still locks in small profits when they present themselves by using the first and second targets.

Be Realistic

Succeeding in futures trading takes hard work and time, and new traders need to be realistic and introspective right from the start. This is no time to devote anything but risk capital. Beginners should start small, allowing periodic checks to learn from mistakes, and from successes.

Just like anything else in life, from diet and exercise to business and career choice, one size does not fit all. Before anyone can succeed in trading, he or she must spend time doing homework, as well as ascertain personal strengths and weaknesses, schedule, risk capital and trading experience/ knowledge. Only with those in place, can traders choose the trading diet that will work for their blood type.

Ilan started out as a professional basketball player in Israel where he played for 5 years until he suffered from a major knee injury. Ilan could no longer play Basketball at his full potential after undergoing knee surgery so he decided to go back to college. He received his MBA in Finance and Marketing from the Hebrew University of Jerusalem. After about a year of working in real estate he started a new job as an Institutional Account Executive in a start-up internet company that led him to the United States.

As the V.P. of Cannon Trading Co., Ilan wrote several articles about trading and the trading psychology as well as being quoted a number of times in different publications in magazines such as: SFO (Stocks Futures & Options), Futures and "Bloomberg" just to name a few.

http://www.cannontrading.com/ilan.html

Sales day and sales indicator indicators

2011-01-13T01:39:00.000-08:00

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Did You Begin Day Trading As An Indicator Only Trader?

Did you start day trading after buying a book on technical analysis, and getting a charting program - probably a free one that you found online - in order to save money? While reading your book you learned about trading indicators which could 'predict' price movement, and what do you know, the 'best' indicators were actually included in your free charting program - let the games begin.

Now that you have all the day trading tools that are necessary, the book for education AND the free charting program with those 'best' day trading indicators, you now need a day trading plan so you can decide which ones of those 'magic' day trading indicators you are supposed to use. This really is a great book, besides telling you how to day trade using indicators to 'predict' price - it also said that you need a trading plan to day trade.

So what should this plan be? The book told you about trend following using an indicator called macd, and it also told you how it was possible to pick the top or bottoms using an indicator called stochastic; my guess is that you picked the stochastic indicator to start your day trading - this must be the 'best of the best' since this indicator was going to ensure you of entering your trades with the 'best' price. Amazing, simply amazing how easy this day trading stuff really is. In fact, why even bother taking the trades, each time your indicators give a signal - just call up your broker and tell him to stick $100 in your account.

My book was Technical Analysis of the Futures Markets. My charting program was TradeStation with an eSignal fm receiver; that was the one that if you hung the antennae wires just right, and you put enough foil on the tips, you might even get quotes. I had sold a business before I started trading so I did have some capital - isn't that how everyone gets into trading, you either sell a business or you lose your job? My indicator was the macd as I had decided that I was going to be a 'trend follower' instead of a 'top-bottom picker'. I also decided that I was going to be 'extra' clever, if one indicator was good than two indicators must be better, so I added a 20 period moving average. My first trade was a winner, then after many months of extensive therapy, I was finally able to forget the next twelve months - ahhh the memories 

Learning To Day Trading - The Learning Progression

Beginning to day trade, or learning to day trade, as an indicator trader is very typical. This is also logical when you consider - HOW are you supposed to initially learn how to trade? Trading indicators are available to anyone who has a charting program, and simply using line crosses, or histogram color changes, provide 'easy' signals to understand. If you will also take the time to learn the arithmetic behind your indicators, as well as learning what each indicator is specifically intended to do, not only is this a logical way to begin, it is also a good 'step' in your learning progression - understanding the WHAT you are doing, instead of attempting to create 'canned' indicator only trading systems, without any regard as to WHY you are trading this way.

This does become one of the 'sticking' points in your learning progression, as you come to find out that you are unable to profitably trade indicators as signals only - now what? Now what - you 'can't' develop your own indicators, so you start doing google searches for day trading indicators and start buying your 'collection' - they don't 'work' either. Now what - you buy a mechanical trading system - what does hypothetical results may not be indicative of real trading or future results mean? Now what - you start subscribing to signal services OR you start joining the 'latest and greatest' chat room - am I really the only person using the signals who isn't profitable?

Now what - you never learn how to trade.

I began trading as an indicator trader, and I did try to learn everything that I could about the various indicators, as well as trying to combine indicators that were consistent with how I wanted to trade - I just could never develop a mechanical day trading system from what was available to me. I read a couple more books that didn't really help me, so I then started looking for someone who could teach me. From what I now know about gurus -vs- teachers, I am very lucky that I got involved with a money manager-trader who taught me a tremendous amount, but I still couldn't get profitable, in part because there was also 'pressure' to learn how to trade using real money. As well, any discussions or thoughts about trading psychology and the issues involved, especially to beginning traders, was non-existent.

Now what - learning but losing - I stopped trading.

Learning to trading using real money, and 'scoffing' at trading psychology as simply individual weakness, really was something that I now regard as misinformation. I always mention this as I now feel that this cost me as much as a year of time, and was very close to costing me my trading future, as stopped trading was VERY close to quitting trading. How can't trading psychology be real to a beginner, when you consider that you are risking losing money at a very fast pace as a day trader, and when you further consider that you are also doing this when you really don't know what you are doing - this is NOT by definition being weak. And if trading psychology is real, how are you going to learn to make 'good' trading habits with real money while you are fighting the implications?

Now what - not trading and not ready [quite] to quit - still studying and searching.

Probably the single most important 'thing' that got me to a next step in learning how to trade, was the concept of a trading setup, and that a setup and a signal were not the same. This was extremely meaningful to me, as it also led to an understanding of how to better use trading indicators for the information that they can provide, but not to use them as trading signals - in essence I began learning about trading method where discretion could be consistently applied -vs- trading system that was mechanical and arithmetic rules.

Traders who are indicator only traders, are also what I refer to right side only traders, that is they are always looking at the right side of their charts for an indicator signal. BUT what about the left side of the chart, what about price and patterns, what about market conditions - WHAT about the relevant 'things' that are 'moving' price, instead of indicators only as an arithmetic derivative of price, and thus, one that is dependant on the time frame that you have chosen to trade from? These 'thoughts', along with the concept of trade setup, became instrumental in the development of a trading method, and how I came to turning my trading around.

When I think about the steps in my learning progression - I would list them as follows:

2/95 - 6/96

indicators only

teaching service that included signals

learning to trading with real money and trading psychology issues

stop trading

6/96 - 3/97

understanding of trading psychology issues

learning about trading setups concept

trading method -vs- trading system

trade setup - trade trigger are not the same

method development

understand the importance of the left side of the chart and what is happening 'across' the chart

related trading setups and how/when they triggered

indicators + pattern

indicators + pattern + price

indicators + pattern + price + market conditions

3/97 - 11/97

able to paper trade profitably

able to real money trade profitably

able to trade for a living

Indicator Only Day Trader - Setup Including Indicators Method Day Trader

I have attempted to discuss the way I started day trading, and the way I think many-most traders typically begin. Along with this, I have pointed various issues and problems that I had - those regarding how to learn to trade, and then progressing into a profitable trader. My experiences have been both personal, as well as those of many traders that I have worked with over the last 8-9 years through Tactical Trading - that a very large number of these problems are due to day trading only with indicators, the specific indicators used, along with trying to turn these indicators into a mechanical trading system. This is not to say that this can't be done - I simply couldn't do it. However, I would strongly suggest that anyone who is in the early stages of day trading, or struggling with their day trading, consider these things that have been discussed.

This discussion, along with chart examples of various trading indicators and trade setups, is continued at http://www.tacticaltradingmethod.com/indicator-trading.html As well, additional discussions about trading psychology and trading method can be found at The Tactical Trader, [http://www.tactrading.com]

Trading Psychology - vs-Trading Method

2011-01-12T01:58:00.000-08:00

Psychology of trade has become so widely discussed and promoted through books and consultants who has become a convenient rationalization and the excuse for losing. Why take responsibility for a lack of work ethic and trade without any concept plan, an honest assessment that would be a 'hit' on the self-esteem of the trader - when you can blame on trading psychology instead?

Psychology of trade is 'something' that a merchant creates from the personality traits that are not initially related to trade, but the surface of trade without understanding method. Of course, the result is afraid, but this would be the case when doing something that was perceived as 'dangerous' and made the necessary understanding and skills? Trade, with its inherent characteristic accept financial risk while participating in the results of the unknown, is certainly 'dangerous' and so prepare more and understand that it is needed.

Commercial stage

Consider the possibility of the a business plan that has the following three types of settings: (1) initial intention to trade continued (2) the first entry that is used to enter a trade should have been their initial entry, or decided that he wanted more confirmation because he was a counter sales management (3) second continuation which pretends to be a trade addon Setup program, but is also a 'final' opportunity to enter a trade.

You'll get an initial sale that triggers installation but do not carry trade = trade1. Trade breaks cleanly and goes to what would have resulted in a partial benefit, and, then, before the price goes beyond, rescues the area where the sale was made. This price is kept well swing remains this waiting for what is now resistance and short, you get trigger settings first resumed but do not take this good trade = trade2. Why not was trade adopted? You decide for losing the initial entry, who have lost trade; biases and your emotions tell you that the movement has gone too far. Once again, this trade breaks cleanly, not only add to the benefits of trade1, but also giving a partial benefit in trade2.

Price now consolidates casualties and price if normally used to stay short if it had taken initial trade or first trade continued resistance. Instead of investing swing to consolidate, continues towards down once more and this continued their triggers second installation of continuation = trade3. AND AGAIN - don't take trade. All in all, if you do not take any of the first two trades, how can you possibly taken this trade? Maybe it was wrong when thought transfer had gone too far to take trade2, but certainly is the case with trader3.

Like trade1, and trade2 trade3 is a profitable trade. This twist has really become a large directional movement, with each hop clinging blow weak - a classic example of the strengths of your business method, but has never entered a trade. You're nuts! Listen in this cursed swing - simply cannot take it over. Another return remains a high bottom. You do not have a configuration entry, but that doesn't matter, the other three trades were profitable after a high bottom. The same emotions that do not allow to introduce his plan offices, are now forcing '' take a non-plan trade isn't as interesting.

Rather than its trade to a lower level and a benefit, instead goes to a higher low, and then buy the initial setbacks. Ill just what is worse, also does not exit when the swing shop. After what happened to finally enter the trade, you have to try and make it work and once all the trend is down - right? TraderA uses this initial purchase to exit its profitable to sell and sell addon; decide that they want more reverse swing confirmation before the direction of trade counter. Activates a first installation of continuation van long, has reversed the swing and this trade reaches its first profit target.

Finally, TraderB 'cedes' and leaves their shorts with a colon instead of the expected loss point, without any consideration to take his next plan trade, buy the continuation of the first. This merchant is done during the day, but at least 'right' were all the time; swing had gone too far to go and had been justified fears - it's a losing trade that they should not enter.

Is this a method of trade or Commerce psychology issue? What 'message' is to take what happened TraderB.? Will take the attitude that no should be criticized, simply not trading due to the psychology of trading? Or recognize the method won, the resulting loss was not a trading method, and even, the loss would have been compensated by previous winners. Recognized that they did their worst fears come true and not only this became a losing trade, also increased size of that loss, and then to avoid another method winning trade.

Granted, psychology was involved with what has happened in the commercial scenario described, but that is a function of the personality of 'core' of the person and would probably be a matter regardless of what was done; If there is 'risk', there will be an 'emotional' response. It is therefore necessary first to separate personal psychology from trading psychology and the use of this concept as an excuse for commercial actions. Then, if trading psychology will be controlled, this will be done on the preparation and implementation of a proven plan that the trader is willing to continue. Not trading with 'integrated' excuses for failing, will have lost before and will continue with a continuous 'snowballing' emotion to the extent that trade because it will not be possible.

Barry Lutz has been trading as well as teach others to trade since 1997, from his firm Trading, LLC., http://www.tactrade.com tactician. He also writes a daily trade teaching lesson called trade, found, along with other resources in trade and Commerce method in the tactical Trader Psychology Journal [http://www.tactrading.com].

10 Rules of investment gold

2011-01-11T08:02:00.000-08:00

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1 Introduction

In this article we cover the few important rules that should never be broken in trading. If you can apply these rules consistently, and with discipline, you will be well on the way to being a profitable trader.

The rules we cover are:

o Have specific goals and objectives

o Be consistent and disciplined

o Let profits run

o Cut losses short

o Never add to a losing trade

o Don't take too much risk

o Only trade positive expectancy systems

o Minimize all trading business costs

o Be well educated

o Don't trade scared money

Each of the rules will now be discussed.

2 The Golden Rules of Trading

The following sections outline a set of rules that can significantly improve your chances of success if they are understood, practiced, and implemented consistently in your trading. These rules have been learned the hard way, by study, research, trial-and-error, and the inevitable mistakes that everyone makes when they start a trading business.

We hope that you can learn from the work we have done, and benefit from our experience. The rules will now be discussed.

2.1 Have specific goals and objectives

Few things are more important to your trading success than having set (i.e. written) goals and objective for what you are aiming to achieve. It is amazing to me how often we hit our targets, meet our objectives, and reach our goals only when we articulate them and write them down.

For any business to be successful it must have measurable objectives that are actually achievable. In trading (obviously) the primary objective is to make money, but it is important to have other objectives that are not purely cash-related. We must always remember that reward and risk go hand-in-hand in trading and that we cannot expect to achieve high returns without planning for high risk (i.e. draw-downs).

Your objectives and goals will be very specific to you, but they must have the following characteristics to be useful:

o Be measurable (in completion and timeframe)

o Be achievable

o Be worthwhile

o Be positive

As an example, here are some of our current objectives (this is only a partial list):

o Develop 2 new positive-expectancy trading systems each year

o Make fewer errors implementing our trading systems each year

o Achieve a return to maximum draw-down ratio of 1.5:1

o Take 2 weeks vacation each year

Note that only one of them is about making money, and that has a measurable objective that is relative to draw-down, not absolute (i.e. make 100% per year). If you know what you are trying to achieve, and when you are trying to achieve it, the whole business will be focused on meeting

your objectives and help guide you to only pay attention to things you really want to achieve with your limited time and resources. This will also give you a way to measure the success and progress of your trading. Generally traders with well-defined objectives will be much more successful than those that do not have pre-defined goals.

2.2 Be consistent and disciplined

In order to realize the full potential of your trading systems it is critical that you take every trading entry, adjust every stop, and close out every trade as and when your system says you should do. This takes extreme confidence in your trading systems, good robust reliable technology, and the mental discipline to stick to your trading plan whatever happens (assuming it is complete).

An underlying assumption about being consistent and disciplined is that you have a pre-defined plan for every situation you may face in your trading, so that you know how you are defining what being consistent is. Your plan needs to include at least the following items:

o All your trading rules for entering, adding to, and exiting positions

o What you will do if your trading computer, internet connection, broker, power, telephone

etc. fails

o What you will do if you are unable to trade

o What you will do if you lose X% of your account

o What you will do if all the markets are closed and you can't exit your positions

Unless you write the answers down to all these issues, you cannot be consistent and disciplined in your approach to trading and if you lose money you will not know whether it is because you didn't follow your plan, because your plan is incomplete, because your systems do not work, or simply because you are going through a losing period.

2.3 Let profits run

This simple rule is the key to being a successful trader. It is three simple words that are very hard to actually implement. When we get a profitable trade our natural fear of losing the unrealized cash kicks in and we truly want to close it out now and take the money. Most trading consists of long periods of small winners and losers followed by a few huge winners that make the difference between overall profitability and simply breaking even or losing due to trading costs(commissions, spread, and slippage).

It is our ability to let the huge winners become just that - huge - that determines how we will perform overall during the year. The key to letting winners run is to have trailing stops that are outside the daily noise of the market so that they are not tight enough to get stopped out during 'normal' trading. This means being prepared to give up a significant portion of a winning trade's open profit and is the thing that makes this so hard to implement. In fact, we should be adding to a winner and widening stops rather than working out how tight our stops can be to capture maximum profit. The trade has already shown you that it intends to be a winner, and the chances are it is a low-risk idea to add to the position now rather than 'strangle it' with stops that are too tight.

It is very important that your position management rules allow for large winning trades, and that the rules are pre-defined and understood before you place the trade. This will allow you (if you have confidence in your method and discipline) to stick to your rules when you do get the big

winner.

2.4 Cut losses short

This is the sister rule to the previous one, and is usually just as difficult to implement (although it

is very easy to define). In the same way that profitability comes from a few large winning trades, capital preservation comes from avoiding the few large losers that the market will toss your way each year. Setting a maximum loss point before you enter the trade so you know before-hand approximately how much you are risking on this particular position is relatively straightforward. You simply need to have a exit price that says to you 'this trade is a loser and I will exit before it gets any bigger'. Due to gaps at the open, or limit moves in futures we can never be 100%

certain that we can get out with our maximum loss, but simply having the rules, and always sticking to it will save us from the nasty trades that just keep on going and going against our position until we have lost more than many winning trades can make back.

If you have a losing position that is at you maximum loss point, just get out. Do not hope that it will turn around. Given that trades are either winners or losers, and this one is shouting 'Loser' at you, the chances that it will turn around and become a large winner is tiny. Why risk any more money on this losing trade, when you could simply close it out (accept the loss) and move on. This will leave you in a much better place financially and mentally, than holding the position and hoping it will go back your way. Even if it did do this, the mental energy and negative feelings from holding the losing position are not worth it. Always stick to your rules and exit a position if it hits your stop point.

2.5 Never add to a losing trade

One of the few trade management rules that we can state we never break is 'Never add to a losing trade'. Trades are split into winners and losers, and if a trade is a loser, the chances of it turning right around and becoming a winner are too small to risk more money on. If indeed it is a winner disguised as a loser, why not wait until it shows it's true colors (and becomes a winner)before you add to it.

If you do this you will notice that nearly always the trade ends up hitting your stop loss and does not look back. Sometimes the trade turns around before it hits your stop and becomes a winner and you can count yourself very fortunate. Sometimes the trade hits your stop loss and then

turns around and becomes a winner and you can count yourself unlucky. Whatever the result, it is never worth adding to a loser, hoping that it will become a winner. The odds of success are just too low to risk more capital in addition to the initial risk.

2.6 Don't take too much risk

One of the most devastating mistakes any trader can make is risking too much of their capital on a single trade. One thing is certain in trading and that is if you lose all your capital you are out of the game. Why risk so much you could be prevented from continuing? There is a saying in

poker than going all-in (risking all your chips) works every time but once. This is true of trading.

If you risk all your account on every trade it only takes one loser to wipe you out (and no trading method is 100% accurate), so you will be out of the game at some point - it is only a question of time.

In general, we only risk 1-3% of the available capital allocated to a system on any individual trade. This is calculated using the size and, the difference between our entry price and our maximum stop price, and the amount of capital allocated to the system. With the win probability

and ratio of size of winning trades to losing trades we are almost certain never to lose all of our trading capital. In fact, the chance of us hitting our maximum drawdown for the year is tiny.

All trades should be of a size that almost seems insignificant. If you are worried about the size of a trade then it is too big and you should reduce the size immediately. Remember that longevity is the key to making money by trading - slowly over a long time with minimal risk, is always preferable to rapidly with too much risk.

2.7 Only trade positive expectancy systems

If you have a positive expectancy trading system, the only factors that determine how much money you will make per year are the number of trades the system generates, how much capital you allocate to the system, and how accurately you implement the trading signals. If you do not know whether your trading system is positive expectancy then why are you trading it? Expectancy is calculated using the profit or loss on each trade (net of trading implementation

costs) divided by the initial risk (using your stop loss) and then taking the average of this number of a series of trades. Systems that have positive expectancy will make money on average and those with negative expectancy will lose money.

Successful traders only trade systems where the odds of success are in their favor (i.e. the system is positive expectancy) so they know that making money is the result of accurately implementing the system and not just pure luck.

2.8 Minimize all trading business costs

Some trading systems have only marginal profitability, and trading implementation costs (commission, spread, and slippage) can be the difference between profitability and making a loss. With the easy availability of modern electronic brokers, and fully-automated trade processing and

execution, it is definitely worthwhile looking for a very low cost way to implement your trading system. High commission, wide spreads, and large amount of slippage can be reduced considerably simply by carefully choosing a broker. This can be the difference between a system

(especially a high frequency one) being useable or not. Paying too much for trade implementation is an avoidable way to lose money.

2.9 Be educated

In order to compete at the highest level in the trading business and be one of the few truly successful participants you must be well-educated about what you are doing. This does not mean having a degree from a well-respected university - the market doesn't care where you were educated.

Being well-educated means that you have thoroughly researched and tested your trading ideas and know why your trading system worked in the past and is continuing to work now. It means understanding all the technology and applications that your system needs to perform accurately.

It means understanding your goal and objectives and how trading will achieve these. It means understanding yourself and how your personality affects your results. It means understanding the markets and instruments you trade.

In order to succeed you really need to become an expert in your own trading business to understand how it all fits together, when it is broken, and how it can be improved. As with all worthwhile endeavors, this takes commitment, hard work, dedication, and more hard work.

2.10 Don't trade scared money

Lastly, no one ever made any money trading when they had to do it to pay the mortgage at the end of the month. Having a requirement to make X dollars per month or you will be financially in trouble is the best way I know to completely mess up all trading discipline, rules, objectives, and

leads quickly to disaster.

Trading is about taking a reasonable risk in order to achieve a good reward. The markets and how and when they give up their profits is not under your control. Do not trade if you need the money to pay bills. Do not trade if your business and personal expenses are not covered by

another income stream or cash reserve. This will only lead to additional unmanageable stress and be very detrimental to your trading performance.

3 Summary

In this article we have covered the rules that we believe should never be broken in trading. If you work on never breaking them, your trading should improve dramatically.

We sincerely hope this information has helped you to improve your trading performance.

Good luck in your trading.

Paul King is owner and head trader of PMKing Trading LLC, a Vermont-based proprietary trading company founded in May 2002. Paul has published a series of eBooks and articles about what he considers to be the important aspects of trading.

Visit http://www.pmkingtrading.com for more details.

The business plan of psychology

2011-01-10T13:32:00.000-08:00

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No discussion about trading, or the consideration to begin trading, can be done without a harsh freeware - the vast majority of all traders lose.

It is said that the reason that most traders lose is because they are not psychologically prepared to trade, that is they are not prepared to accept financial risk for something of which they have no control over the outcome. Trading is much more of in psychological problem then to methodological one, only the traders who have accepted this have a chance of being consistently successful traders first. Without an understanding of trading psychology and the various issues that circumvent method, there will be virtually no chance to overcome the fear, confusion, and despair that can be inherent in trading. Ultimately, after a series of consecutive losses, method becomes replaced with a feeling that it is impossible to do anything right; If for no other reason than this situation, trading psychology is more critical than trading method.

New Trader Scenario

Consider to scenario where a trader develops a method for day trading an index future. The method gives 15 trades per day, and the trader has gotten to the point where they are able to paper trade with the following results: 9 wining trades averaging $85 each, and 6 losing trades averaging-$65 each - thus giving $375 average daily gains. The trader has achieved these results for three consecutive months; their paper trading goals have been met and it is time to start trading real money.

Real money trading begins, but things change quickly. Instead of trading their method like they did when paper trading, the trader starts 'skipping' trades trying to pick the winners instead of accepting the 40% losers; of course, they invariably pick more losers than winners. Trying to correct this problem, the trader then decide that maybe they are entering their trades too late. So now instead of letting the setup completes and then doing the trade, the trigger is anticipated so the trade can be entered earlier - the losses get worse.

With the continued losses the characters take over: "What is wrong, why am I such a pathetic loser?" "Maybe it's not my fault, maybe the method just doesn't really work."

The problems get worse with each trade, more characters and more loses - the trader trading quits. The trader now decide that their paper trading results then ain't really adequate to begin real money trading. They will go back to paper trading and studying again.

Thoughts that are going through the trader's mind now: "Maybe I should try different trading methods until I can eliminate those losing trades - then I will be ready to trade real money again." "Really, maybe I should just quit trading altogether - maybe I am just a loser, and that's why I can' t trade."

The Trading Psychology Plan

What should be very apparent from this scenario is that the trader never traded their paper trading plan after transitioning to real money trading method. Unfortunately, the trader is unable to acomplish what they have done, instead their characters first place blame on the method thinking that it really doesn't work, and then on themselves for being "such a pathetic loser". The end result being that the trader quits trading, and if the real underlying reasons for what has happened aren't accepted and changed, this will never be able to trade real money even if their trading results become 100% paper trader winners, which of course is not going to happen.

The trader had a trading method plan, but they did not have a trading psychology plan. They did not have a way to make the transition from fear and emotion directed trading to actually trading the method as designed. They did not have a plan to access and understand their given method actions, and then objectively defined 'setup' for replacing them.

The trading psychology plan must begin with an honest assessment and acceptance for what really happened: the trader never traded their plan; method There is no other blame to be placed, or excuses to be made. There is nothing wrong with the trading plan, and regardless, the trader has not traded it in order to be able to make that evaluation. As well, traders cannot internalize trade loses where they lead to their viewpoint of themselves - you are not a loser because your trade is a loser.

Trading Psychology Plan Components

or Accept that losing will be a normal part of trading. Not only is it impossible to be perfect, it is not an objective or necessary to be a profitable trader.

or replace the focus of winning and losing with the objective of following your plan. This was not done while paper trading, as the trader had a specific goal that they used to tell them when they were prepared to trade real money profitability. They did not understand that the reason they achieved this goal was because of how they followed their plan.

o Remain neutral and non-judgmental towards yourself. If profitable trading is ever going to be possible, this is mandatory. There is no way that you are going to be able to trust to manage risk while you yourself are also telling yourself that you are 'stupid' or a 'pathetic loser' each time you lose or feel that you have done something wrong.

or Eliminating your characters is not the objective; I actually do not think this is possible. Emotions are always going to enter into trading - learn to control the characters, instead of having them control you.

or Accept characters that are a part of life; they aren't by definition good or bad, and actually if you can shift the focus of what the emotion represents, they can be very beneficial for the trader. For instance, if I am feeling confused and that causes an emotional response or hesitation, I want to feel that emotion. This emotion becomes a warning to me that I should wait and try to find more chart-market clarity before taking a trade, something that can be very typical when markets are in congestion.

or Start slowly - this may be the most important component of your plan. For instance, begin trading real money for an hour at at time, and then assess what you have done, always asking yourself the question: did I follow my plan, or did I take-method trades.

Granted, you will not be able to approximate your paper trading results as the expectancy of that plan was achieved by averaging 15 trades per day. However, not only will this help further to shift the focus from how much money did I make to did I follow my plan, it will also allow you to acclimate to the logistics of real money real time execution, and the related initial characters, where all of sudden the market feels like it is considerably faster moving to. By doing this you will 'build-up' to your plan at full trading to pace that won't cause you to become so overwhelmed by the process, and immediately cause you to avoid what you had intended to do as fear and emotion becomes too strong.

You have a great trading method and trading plan. You have profitably paper traded, and you ARE now ready to start trading real money - just be sure that you have a trading plan that is as good as your trading plan, method psychology and that you acomplish that neither will be of any use to you without the other.

Barry Lutz has been trading, as well as teaching others to trade since 1997, through his firm Tactical Trading, LLC., http://www.tactrade.com. I've also writes to daily trading teaching lesson called the Trade Journal, this can be found, along with other articles on trading psychology and learning to trade at The Tactical Trader, [http://www.tactrading.com]

Trading psychology - consecutive defeats and the spiral of Psychology sales

2011-01-09T14:01:00.000-08:00

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You go long and the market immediately goes down - you go short and the market immediately goes up. That's 2 consecutive losses, and you are getting a little 'anxious' so you don't take the 'next' trade. Of course, this trade is a winner. Now to make the situation worse, you then 'chase' the move, and as soon as you enter the trade it immediately reverses, thus giving you another loss - this is now 3 in a row. Ok one more 'try' - this can't happen on every trade can it?

This time though, you will be real clever. You have noticed that the market is in a range, and it's the bounce from the low/retrace from the high that is causing all the problems. So this time, the next trade you take will be a range extreme fade AND the hell with your trading method. The market is at the range low, and per your new 'on the fly' trading plan, you go long. Instead of bouncing again, the range immediately breaks out to the downside. Not only does this give you consecutive loser 4, but the loss occurred from trading against one of your 'best' method trade setups, and becomes a trade which is giving enough profit to pay for the previous 3 losers, and make you net ahead.

Now what are you supposed to do - QUIT? AND to be sure that there is no more temptation - your throw your computer out the window, and dive out right behind it. You are in a trading psychology spiral.

WHAT is a Trading Psychology Spiral?

I think of a trading psychology spiral as the transition from trading losses that you have accepted both as a part of your trading method, and as something that is inevitable in trading, into a surge of emotions that continually builds to a point where you can no longer accept anything. As this eventually 'spirals' out of control - trading method becomes completely ignored, and is then replaced by emotional responses and decisions for everything that is done. Even if quitting was really the only viable thing to do at the time, the trading psychology spiral can cause an emotional response where this isn't even considered, until the situation becomes so desperate, that the trader can't take it any longer AND does have to quit.

This isn't a discussion about emotions and trading, and the various fears and issues that keeps a trader from trading to begin with; as we know, emotions are an inherent part of trading - you learn to control them OR you can't trade. This is a discussion about emotions that are typically controlled well enough so that you 'can' trade, but then something happens where the trader loses that control, and their emotions spiral. A series of consecutive losing trades, especially those caused by deviating from the trading plan, are a root cause for this happening.

This also isn't about something that happens only to inexperienced and unprofitable traders. There are going to be those times where nothing a trader does will work, and that result is going to be a series of consecutive losers. So the situation is the same, it's the reaction that may be different. For instance, traderA may go into a panic causing them to spiral out of control, losing all self-confidence and self-trust, and ultimately more money than was intended. On the other hand, traderB may go into a period of revenge trading, coupled with an increase of their trading size, as they are 'sure' that each next trade is going to bring them back to even. Also, a spiral out of control, and the losses continue - AND also a loss of more money than was intended. WHAT does traderC do?

Controlling The Trading Psychology Spiral

Consider: each time a tpsych spiral occurs AND you go out of control - the quicker the next spiral is going to occur, and the faster you will go out of control when it happens. This is going to continue, until trading becomes too painful, and you will not be willing to trade any longer.

Consider: it is better to work through the emotions instead of quitting. Quitting is too easy, and this provides no solution or aid in preventing this from coming back and intensifying each time you have a rough period. As well, you have lost the ability to 'count' on yourself when you need to do so the most. To control a tpsych spiral, before you go out of control, is a tremendous win in and of itself. Do this, and get your trading back on track, and you will have made gains the value of which you can't imagine, as you will know that you may have losing periods BUT you can trust yourself to remain in control, and not magnify the damage.

In light of this, take what you believe to be your key trading issues, write them on an index card, and stick them on to your monitor. The objective is realization and awareness, thus making these issues available to your conscious as a reminder, instead of only available to your subconscious as a problem. As you make your notes BE SURE that you are writing short non-judgmental notes - DON'T let the 'solution' make the 'problem' worse.

For instance, consider the combination of a build of emotions coming from consecutive losses which are also occurring during congestion - write notes similar to these on your card:

a build in emotions may come from a series of quick consecutive losses

quick consecutive losses often come from trading inside of congestion

are your losses 'base' congestion method trades OR are you overtrading

there is nothing wrong with 'base' method trade loses

your trading results are fine when you 'base' method trade

Now consider the same situation BUT different notes:

don't be a stupid idiot and overtrade congestion like you always do

you are going to lose your ass and end up with another losing day like usual

you do this same crap every day and the same thing happens

you have no reason to even trade if this is all that you are going to do

Remain Neutral

Remain neutral - another note for your index cards.

Another approach may be to write notes that include the things you can remember yourself doing or feeling as you transition from acceptable emotion to tpsych spiraling, for instance: shortness of breath - sweating - squirming in your chair - unable to sit down. AND as the spiraling becomes more intense: cussing - screaming - throwing things - breaking things. UNTIL the spiraling is out of control: panic - desperation. Clearly, there is a whole list of physical responses to uncomfortable emotional situations; realizing them as they occur may be a step in controlling them before they 'take-over' and lead to spiraling.

Be Aware

I want to know the potential for the spiraling situation. It is VERY important to acknowledge that you have emotions, and not try to ignore them or hide from them as a solution to the problem OR because you perceive them to be a sign of weakness. This actually will just make the situation worse. You are human - humans have emotions - emotions become more intense in more difficult situations. So, I don't need to know how I am going to have responded as I go out of control. I do need to know, and have something to remember, and/or think about, that can keep this from happening - that can keep me as neutral as possible, in what would be the more difficult trading periods - something that will 'push' me back to tmethod AND 'away' from tpsych.

WHAT does traderC do?

traderC is the trader who remains the most neutral in winning and losing; the most neutral in all situations. It's this neutrality that becomes essential in keeping the emotions from becoming a trading psychology spiral, as the trader can 'accurately' evaluate their losses in terms of method. This trader will only trade their most 'base' method setups after any difficult period AND IF these lose, so be it, that possibility has already been accepted. Go on to the next method trade - it probably will be a winner.

Barry Lutz has been trading, as well as teaching others to trade since 1997, through his firm Tactical Trading, LLC., http://www.tactrade.com. He also writes a daily trading teaching lesson called the Trade Journal, which can be found, along with other resources on trading psychology and trading method at The Tactical Trader, [http://www.tactrading.com]

Keep a journal sales - a very important feature that should have every Forex Trader

2011-01-08T20:49:00.000-08:00

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Do you know what is a forex trading journal? Do you know the importance of maintaining a forex trading journal? A trading journal is a record or a book which keeps track of all of your successful or unsuccessful trades. It is very important for you to keep track of all your trades, whether you win the trade or lose the trade as you can use this information for future trades as a reference. Lets say entered a trade with some reason in specific trading hours, but you lost the trade. The technique might have worked for you earlier but not in this trading hours. With this trade, you come to know that the technique won't work in the specific trading hours. If you don't note it down or keep track of it, in future you may do the same mistake again and you will lose the trade again. A trading journal can be used to refer all the mistakes you did in the past so that you won't do them again. All successful forex traders maintain a forex trading journal.

So if you want to maintain your own trading journal what are the important things that you have note down. The following are some of the things that you can note when you start writing your own forex trading journal.

Trading Currency Pair: Note down the currency pair you are trading or you have traded for example EURUSD, GBPUSD etc.

Long or Short: In forex terms Long means buying a currency pair and short means selling a currency pair. Record whether you bought the currency pair or sold the currency pair.

Trade Won or Lost: Record whether you won the trade or lost the trade. If you won the trade note down the reason why you won the trade like any technique you used, any economic news you used to enter the trade etc. Also note down the exit strategy you used for coming out of the trade. If you lost the trade then also you have to note down the reasons for losing the trade.

Trading time: Record the day and time you entered the trade. Also record the time zones you entered like asian time zone, london timings, NY timings etc. This is very important as some trades may work only in specific timings and this information, you can use in future.

Entry Price, Exit Price and No. of Pips: Record the entry price and exit price and also the number of pips you lost or won.

No. of lots you traded: Record the number lots you traded.

Any techniques used: Record any techniques or methods you used for your trading.

Screenshots: Screenshots are very important when you are maintaining a trading journal. As all of us know a picture speaks a thousand words. Even if you note down all the above points and if you don't have a picture, in future, you may not be able to understand your own trade you took. So saving a picture of the trades you are doing is very important.

The above are some of the things that you have to note down if you want to become a successful trader. You may also note down any additional remarks, if you want.

How to maintain a trading journal: Generally forex traders use an excel work sheet or a microsoft word to keep notes of the above things (to maintain trading journal). But when the number of trades are increasing the size of the files also increases.

Moreover when you are saving the screenshots of the trades the file sizes increases more and more. So it causes problems in opening or saving these files. So after a certain point you may have to start a new excel or word file. These problems cause you trouble when you want to sort your trades. For example you want to take a look at all your lost trades or all your winning trades. It is very difficult to sort the trades if you save them in excel or word files.

That is why, forexbees.com is offering you a successful way of maintaining your own trading journal. Once you login to forexbees.com, under navigation block on the left side you will see the link "Create Content". Click on the link and you will see the "Trading Journal" link. If you click on that you will see the trading journal form with the following options you can use when you are creating your own trading journal post. This is completely private and no elase, other than you, can watch your trading journal.

Title: You can enter any title that fits your trade like "EURUSD break out trade - hourly chart - lost" or "GBPUSD MACD convergence divergence trade - daily chart - won" etc. It's better if your title can tell you what type of trade you are doing on the first glance so that it will be easy for you in future to find out the trade you want.

Trade Date: You can select the date on which you did the trade. If you are currently doing the trade you can leave the date as it is.

Vocabularies: Vocabularies are the different categories that you can use to categorize your trades. The following are the different categories available that you can select when creating your trading journal post.

Currency Pair: This category shows the different currency pairs like "EURUSD", "GBPUSD" etc. You need to select the curreny pair you are trading when you are creating you own trading journal post.

Short or Long Trade: If you bought the currency pair you can select the "Long Trade" option or if you sold the currency pair you can select the "Short Trade" option. In forex terminology Long Trade means buying a currency pair. Short Trade means selling a currency pair.

Trade Won or Lost: If you won the trade you can select the option "Trade Won" option or you can select the "Trade Lost" option.

Teaser or Summary: Teaser or summary is a small description of your trading journal entry. You can generally copy and paste the first few lines of the body of the trading journal.

Body: You can enter any details about your trade.

Image Picker: This can be used to upload images or screenshots. This shows four tabs. Upload, Current, Browse, Groups. Under "Upload" tab page you can upload images or screenshots of your trades. This contains the image file field using which you have to select the image or screenshot of your forex trade to upload. After that it asks for the thumnail size of the screenshot. I generally use a thumbnail size of 400 px as I like to align the image or screenshot in the middle of the content. "Scale Image" you don't need to use it. "Title" of the image. You can enter any title for the image as this will appear on the top of the image in your trading journal post. "Description" of the image. You can enter any description for the image and this will appear at the bottom of the image.

Once you upload any images you can see them under the "Current Images" tab and also under the "Browse Images" tab. "Current Images" tab shows the images currently updated and only for this post. "Browse Images" tab shows all the images that you have uplodated for all the posts that you have uploaded the pictures. Select any picture. If you have entered the title and description select the "Description" check box. Othewise you won'tsee the title and description that you have entered for that picture. If you want to insert the screenshot left aligned in the body select left option. If you want to insert the screenshot right alighned in the content select right option. If you want to insert the screenshot in the center of the content select the option "none". Click on the body field somewhere. Click on insert button and the image will be inserted in the body field.

File Attachments: If you want to attach the screenshots that you have taken you can use the file attachments and the screenshots will be attached as files to the content and you can download them any time you want.

Once you create a trading journal entry you click on the "Trading Journal" link on the left hand side to see your trading journal entries.

On the trading journal page you can also see the options to sort your trades based on trade dates, currency pairs, trades short or long and trades lost or won.

Calender: Under the calender block you will see a calender which you can use to see the trades on different dates. Click on any date under calender block and you will see the trading journal entries if you entered anything for this date.

Currency Pair: Under the currency pairs block you will see all the currency pairs. If you click on any currency pair you will see any trading journal entries you entered for that pair.

Trades Won or Lost: Under this block you will see two options - Trades won and Trades Lost. If you click on any of the options you will see all the trades you that you won or lost.

Short or Long Trades: Under this block you will see two options - Short Trades and Long Trades. If you click on any of the otpions you will see all the trades you bought or sold.

So this offers a lot of options to you to maintain a very good trading journal to become a successful forex trader. You don't need to maintain your trading journal in excel or word files which take a lot of time to open or save them. You can also upload your trade screenshots or attach them as file attachments.

forexbees.com is a community site for forex traders which offers a lot of options to you. One of which ia mainitaining trading journal. You can maintain a very good forex trading journal at forexbees.com which you and only you can view your trading journal.

Start Making Money Fast Trading options

2011-01-08T07:53:00.000-08:00

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People want to start making money fast. The best strategy to use for that goal is trading options. When most people think of options they assume that there risky. Which in fact, they are for those who don't trade them correctly.

Stock options are used to create leverage and control risk. The strategies I learned from my mentors are profitable and simple once you get the hang of them.

There are two types of options, calls and puts. There are also two things you can do with any option, either buy it or sell it. The most basic strategy for using options is called a covered call. The strategy is composed of two different positions.

If you were long underlying xyz which is trading at $15.00 you would sell a call option against it and collect money in your account for selling that option.

Buy 100 shares of xyz at $15.00 and sell 1 contract (which is equal to 100 shares of stock) of the 15 strike calls with 30 days until expiration and collect $1 per share or $100 total.

At expiration you make money if xyz is trading above $14.00. Yes, you can make money even when your stocks go down!

? If XYZ is above $15.00 you will sell your shares at $15.00 and keep the $100 you collected to sell the option in the beginning of the trade.

? If you buy a call option you have the right to buy a specific underlying for a certain amount of time at a specific price.

? If you sell a call option you are obligated to sell a specific underlying for a certain price within a certain amount of time.

? If you buy a put option you have the right to sell a specific underlying at a certain price for a certain amount of time.

? If you sell a put option you have the obligation to buy a specific underlying at a certain price for a certain amount of time.

If this is your first time learning about options I know it's confusing. But trust me, trading options will allow you to start making money fast.

By selling options you can start making money fast by creating a consistent monthly income that you can duplicate over and over.

Making money in trading is all about giving yourself an edge. Through various option selling strategies you can do exactly that. 80% of options expire worthless! So who's making most of the money? That's right, option sellers.

Option Selling

There are so many ways to make extra money. Trading options is the one that can really change your life. There are so many situations you can put yourself in through trading options that give you a mathematical edge.

Most people think trading options is risky. The reason is most people lose money who trade options! 80% of options expire worthless. So, who's making all of the money? The people who are buying those options or those who are selling them.

The reason people say that options are risky is because they don't understand them. If they did they would have a much different opinion. Just ask a successful market maker what he or she thinks about options. Market makers that I follow know a lot of ways to make extra money.

They are going to tell a completely different story. Options reduce risk and maximize profits if traded correctly. In this page I will show you some of my favorite strategies that put me on the winning side. The side where I have the mathematical advantage.

Positive time decay means that every day that passes option premiums decay or erode. In other words if stock xyz is trading at $20 today and the $20 call is trading at $1.95 then a day later all other things being equal that option will be trading for less than $1.95 because there is less time for it to be worth something.

There are a few important parts to my overall trading plan.

1. Price and plan for entering

2. Choosing the correct strategy

3. Plan for exiting the trade

4. Position Size

All four of these pieces to the puzzle are very important. The one I will focus on now is choosing the correct strategy.

The following are my favorite defined risk option spreads.

? Verticals

? Calendars

? Butterflies

? Iron Condors

? Diagonals

When I was looking for ways to make extra money I began trading. The problem I had as a beginner with my trading was I learned all of these strategies and started trading them but I didn't have a plan for exiting and managing the positions. That part is just as important as the actual strategy.

For example, one of the strategies I began trading to make extra money is called a bull put spread. The trade is made on a stock you think is going to go up. I would collect $2.00 on a $5.00 wide spread. Then I would simply put it on and let it on and let it go with no exit plan. I wanted to find ways to make extra money but I was losing $3.00 on my losing trades using this strategy with no plan.

Some of these would expire worthless and I would make the $2.00 but some would go against me and I would take the max loss. Now I learned how to manage those positions and make the $2.00 on my winners consistently and only lose $1.00 or less at most! Trades that take on too much risk compared to reward aren't going to work over time.

Controlling risk is the most important part of trading. It's essential to make good consistent gains but it's more important to have very small losers compared to your potential gains on your winning trades.

The best advice I can give to beginning traders is the following points.

1. Find as many successful traders who have been around awhile and learn exactly how they trade.

2. Learn as much as you can about each of their trading styles because what one person does might not work for you and vice versa.

3. Learn strategies that make sense! If you're going to buy options make sure they're deep in the money.

4. Have a plan to get out and minimize risk. In other words, know what the worst case scenario is before you even enter the trade.

5. Make sure you can make enough on each trade to justify being in the position. In other words, if your think there is a 50% chance you will win a particular trade and you can make twice as much as you're risking, than that makes sense!

6. Learn position sizing! Never ever risk more then 3-5% of your portfolio on any one trade. I never risk more than 2% and that is very rare. I usually risk.5% of my account per trade.

To sum it all up, there are many ways to make extra money. I believe trading is one of the best. It's rare to find an opportunity that can have a plan behind it where are the scenarios both positive and negative are understood. If the good vs. bad scenarios make sense with that plan than that's a plan that will work over time.

You can also start making money fast by buying options. The most important part of option buying is you have to have to know exactly which options to buy. You don't want to buy the wrong options because you'll lose all of your money!

Option Buying

We all want to make money fast. Luckily there are ways to do it it's simply learning what they are and how to apply them. Many people say options are risky, which they are if you don't understand them.

? If you understand options you can use them to reduce risk and maximize profit.

? If you like to trade directional or trend trade there is no better way to do that than options.

? Lastly if making huge explosive gains in your trading account interests you then you need to learn how to buy options correctly. It is the best way to make money fast.

For example, buying an option that has little chance of ever being worth money doesn't make sense. The sad part is people do this all of the time because those options are relatively cheap.

There are two components of an option. They are the intrinsic value and extrinsic value. Let's begin defining them both

? Stock xyz is trading at $60.00.

? The $50 call with 100 days until expiration is trading for $11.00

The intrinsic value of that option is $10.00 because the difference between the price of xyz and the strike price is $10.00.

The extrinsic value of that option or time premium is $1.00 because that is the extra premium paid for the option that has no real value.

This is a good option to buy because it is way ITM (in the money). You don't want to buy options with a lot of extrinsic value. Those are the ones you want to sell.

If you bought this option you would begin to make money as the stock begins to rise because it has a high delta (rate of change of the option). This option would make money fast because it would move quickly in price with the stock.

Let's look at another example to bring home the point of the kind of options you want to buy.

? Stock xyz is trading at $60.00

? The $60.00 call is with 45 days until expiration is trading for $3.00

The intrinsic value is $0.00. It has no real value because it's OTM (out of the money)

The extrinsic value is $3.00. This is the type of option you want to sell because every day that passes that $3.00 time premium paid will decrease.

If you bought this $60.00 call you would need xyz to rally passed $63.00 at expiration to make money.

So, the strategy I recommend is to buy ITM (in the money) options with a delta of at least (.7) or higher and at least 60 days until expiration. Of course this must be accompanied with a sound trading plan to minimize risk by using stop losses and hedging techniques.

If you want to make money fast then this type of strategy should definitely part of your portfolio because it allows you to take a little risk and make large gains.

In any trade you need to have defined risk. The best way to accomplish this is by having a specific plan for your trades before you're even in them. People who succeed in trading don't allow their emotions to come into play.

If you have money in the markets whether you're managing it or letting someone manage ask yourself this very important question. What is my overall risk and when do I plan to take my profits? If you don't know the answer to that question please learn how rich people invest their money!

Credit Spreads

If you want free money making ideas that work you have come to the right place. I will give you my strategy and exactly how execute it for free. I learned this from many of my trading mentors who have become rich from it and many other things.

I love free money making ideas that is why I'm writing this particular page. The strategy isn't the important part. How I implement is the part that is most important. I will teach you both.

The strategy is an options spread trade called a vertical spread. Not new for anyone who has traded options before but for those of you who haven't I'll cover the strategy first then how I use it.

Here is an example of what I would do if I believed a stock was going to go down I would do the following.

? xyz is trading at $53.20

? sell xyz 55/60 vertical call spread for a $2.00 credit with 30 days until expiration

If I thought xyz was going to go up I would do the following

? sell the 50/45 put spread for a $2.00 credit with 30 days until expiration

Let's use example #2. The max profit on this vertical spread is $2.00. If you took no further action after placing the trade the max loss is $5.00 (width of the strikes) minus $2.00 (credit received) =$3.00.

But, I never take the max loss. The most I would risk on this trade would be half of the max profit, $1.00. If I couldn't get that ratio I wouldn't do the trade.

I would do this on a stock at support with a bullish candle candlestick pattern and place my stop order beneath support. The vertical spread I would sell would be beyond my stop loss.

The best part about this trade is positive theta. Meaning, all other things being equal, every single day that passes the vertical spread I sold is getting cheaper and cheaper because there is less time for it to end up ITM (in the money).

So, all I need is for xyz to not trade below my stop and my spread will expire worthless. That is the best case scenario.

The worst case scenario is I get stopped out. Less analyze both scenarios in detail.

With xyz trading at $53.20 my stop would probably be around $51.00. So if xyz never touches $51.00 I will win the trade. If your technical skills are descent this will happen a lot of the time for you.

If xyz which was trading at $53.20 when I put the trade on trades down to $51.00 I am going to get stopped out of the trade. My analysis was wrong on direction and I lost the trade right? Well, it depends.

If on the day that I put the trade on xyz trades down to $51.00 I will take the max loss of $1.00. But what happens if I get stopped out three days from now? Remember every day that passes that option spread I sold is getting cheaper and cheaper all other things being equal.

Trading these free money making ideas it means that every day that passes your risk keeps decreasing. Depending on a few different factors what I have found is if I sell a vertical spread with 30 days until expiration like the above example, after about 15 days of being in the trade I will break even at worst if I get stopped out.

Meaning on the fifteenth day if xyz trades down to $51.00 the price of my vertical put spread will be the same as what it was 15 days ago with the stock trading at $53.20.

So why are these free money making ideas so good? Well, I make money if the stock goes up, I make money if the stock goes sideways, I make money if the stock goes down and stays above $51.00. The only way I lose money is if the stock trades down to $51.00 in the first 15 days. So I make money if I get stopped out after fifteen days. You mean I can be wrong and still make money? Yup that's trading for those of us who know how to use options.

Oh yea and all of those way's I make money with this scenario above three out of four of them have a risk reward ratio of 2-1. Meaning if I win I'll make twice as much as what I was risking if I got stopped out on the first day.

With these free money making ideas the fact that your risk decreases day after day as long as you're still in the trade is the most important part of this strategy. The best part about these free money making ideas is if you get stopped out on the 5th day you may only lose $0.70 on the spread.

As you can see with these free money making ideas the probabilities are in your favor. To make this strategy stick I'll outline the main point one more time.

? The only way you lose money is if you get stopped out in the first fifteen day's. The amount you lose depends on how many days pass before you get stopped out.

? If you don't get stopped out you win twice as much as what you would have lost if you got stopped out on the first day.

? Risk diminishes over time on a trade that you should win over 50% of the time with a 2-1 reward ratio.

Notice a these few important points in this strategy.

1. I know what my max risk is

2. I have a plan for the entire trade

3. I have a 2-1 risk/reward ratio

4. My risk diminishes every day because of positive time decay

I love free money making ideas that's why I wrote this page. I encourage you to learn this strategy because it works. The only other part you need to understand to implement this strategy is technical analysis. You need to find stocks that you can anticipate direction through various technical analysis strategies. Than simply make trades that follow your guidelines and rules.

Successful traders that are consistently making money fast no matter what direction the market is going all have one thing in common. They know how to control risk. They know how to cut losses short and let profits run.

Most importantly they will succeed in the future trading because they have a strategic trading plan that gives them an edge.

For example, If a trader is right 40% of the time but on his winning trades he makes twice as much as what he loses on his losing trades. Will this trader make money?

Let's say he's risking $200 per trade. Over the course of 100 trades he will lose 60 of them and win 40. He will make $16,000 on all of his winners and lose $12,000 on his losers for a net positive $4,000.

The purpose of this example is to introduce why a plan is so important. If you want to make money fast you first need to control risk. Once you learn strategies on when to enter and exit, which option or stock to buy, and how much to risk per trade, you can simply trade your plan which is bound to succeed over time because it has a mathematical edge!

In Conclusion, I hope this information helped you in understanding that options trading done correctly can be extremely profitable.

My Name is Michael T. Keenan. I have been studying all aspect of finance for many years. I specialize in learning how to duplicate money making strategies that already exist which has allowed me to make a lot of money much quicker than normal. I have met hundreds of various millionaires and studied thousands. I used their strategies and techniques to get rich. I narrowed down all of the strategies used these millionaires to ten main strategies that I believed would be the easiest for me to duplicate and teach once I executed them. My studies have come a long way and it has allowed me to pursue two of my passions. I'm passionate about being wealthy and I'm even more passionate about teaching others how to get wealthy.

After executing several of the ten strategies I began to write a website which allowed me to share my resources and knowledge with others. This was my first step in following my second passion which is educating others. I love adding new knowledge that I've required along the way to my website so everyone reading my site can benefit from that knowledge. I hope everyone interested in creating wealth and ultimately a better life for themselves and their families enjoys my articles and website. Visit my site below to learn more about the ten strategies I believe are the easiest money making strategies to duplicate in order to obtain massive wealth.

[http://www.bestmoneymakingstrategies.com/Making-Money-Fast.html]

Automated Stock Trading Software - how to choose the best

2011-01-07T17:40:00.000-08:00

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Get the Information You Need to Evaluate Stock Trading Software

In today's market, investors are wondering if they should even buy stocks and if they can make money. The answer to both is "yes." Stock market trading is a wonderful opportunity now, with prices lower and volatility higher than in many years. Stock trading online has never been more popular.

Automated trading platforms, robotic trading programs, online day trading systems-there are many terms used to describe the stock trading systems that can help you to make a stock investment and to grow your money. Review the criteria below and understand your own personal preferences by talking with other stock traders. Identify the facts you need to compare programs. You'll need a good understanding of the automated trading tools' features and costs before you make a decision.

Many types of companies offer stock trading advice and stock trading strategies. They run the gamut from educational programs that aim to teach you how to trade, to a list of recommended stocks to buy and sell at certain triggers, to brokerage firm proprietary software, all the way to fully automated robotic software. Prices can vary from thousands of dollars to less than $50 a month for some auto trading software. With such a variety, how do you choose? This article will guide you through the features and benefits of the programs that are available for online stock trading. We will not discuss trading software for options or Forex trading. Many of the programs are geared towards "day traders," who technically open long positions (buy) or short positions (sell short) and close these positions the same day. Not everyone who uses these programs closes out their positions by the end of the trading day--sometimes they hold their positions for days, weeks or months. We'll call this "active trading." Sometimes this is also referred to as "swing trading."

The essential features of a stock trading program include a data feed for stock quotes and indicators, stock charts or charting capability of major indicators, current balance and positions and an order entry system. The order entry system should allow stop (loss) orders, stop limit orders and trailing stops. A trailing stop limit is similar to the stop (loss), except its loss will be measured from the stocks highest point achieved. The preferred method would be to keep the trigger prices in stealth mode, not viewable by the market makers, rather than as actual orders. Most automated trading software should include a watch list of the stocks to potentially trade based on the parameters the stock trader has entered.

Exchange Traded Funds (ETF's) can be part of an efficient trading strategy. These are mutual funds that are traded intraday on the stock exchanges, unlike traditional mutual funds that are a basket of securities priced at the close of the market. Online stock trading systems should also include trading capabilities for ETF's.

Other features to look for include safety measures that stock traders may take, such as establishing a profit goal--the minimum price increase a trader would expect a stock to gain before closing their position. Also highly desirable is a form of profit protection for your investments, which is the reduced profit goal. After the stock reaches its profit goal and continues to rise, the stock trading software should wait and let the profit increase. If the stock price decreases or pulls back, the online trading program should close the position and lock the profit. This pullback value should not have any effect before the profit goal is reached and is intended to improve stock performance. More sophisticated auto trading programs will also offer the percentage gain from stock trader's entry price, and the trader can also specify a minimum amount in case the percentage gained is too low.

Check the Features and Ask Questions

Number of Technical Indicators - There are literally hundreds of indicators that stock traders can use to determine which stocks to buy and sell and when. The most robust programs will offer hundreds of indicators for technical analysis, such as Bollinger Bands, and some will even include indicators for Candlestick Chart formations. Robotic programs use these indicators to set conditions under which online investing will occur.

Complexity - Automated stock trading programs vary greatly in ease of use. Some online stock trading systems do require actual programming expertise. Others are simply point and click. Check out the online demo to see that it fits your level of comfort before making a commitment. Talk to others who are currently using the auto trading websites and check out their online communities for more comments.

Number of Long and Short Strategies Per Account - Due to the size of the online trading platform, there may be a limit to the number of strategies that you can have loaded on each account. If you want to run, say two long trading strategies, then you may need two accounts. Also confirm if you have enough memory on your computer for two or more accounts. Experienced active traders may run two or more live long and short strategies, while having additional accounts for strategies that they are testing in a simulator mode.

Find Out How Advanced Your Software Can Be

Recommended Additional Features - The best automated stock trading software will include additional features that active traders will find invaluable once they have begun automated trading.

Additional strategy and order entry features include the ability to add to a position as a stock goes up, or as the stock declines, as well as a minimum purchase interval that the stock price should drop before it begins purchasing additional shares. A maximum bid/ask range will also be helpful, as the size of the spread can directly impact a swing trader's ability to make profitable trades.

If there are hundreds of indicators, as is the case with robotic traders, see if the definitions of the indicators are readily available. The definition or formula for indicators may vary from one electronic trading platform to another, so be sure you understand them first.

Recommend you have a program that displays current Profit and Loss (P&L) on your open positions and the status of the rules on your watch list. For example, if a stock on the watch list hasn't traded, is there a feature where the trader can pull up the rules and indicators to see which one(s) is preventing the trade?

Some automated stock trading programs visually display the percentage of symbols up and down in each sector from the specified time frame to the current time so you can see how the market is turning. Does the platform include the ability to block certain symbols from trading? If you're running a long trading strategy, you won't want to be buying ETF's that short the market.

Day traders will want automated trading software that tracks and displays the number of day trades remaining. Day trading is regulated by the SEC, so it's important to understand if you will be day trading first.

Orders in Stealth Mode - A standard feature of many trading software programs is the ability to enter limit, stop and stop limit orders. While it is important to have an exit strategy from your positions, telegraphing it to the institutional traders in the form of publicly viewed limits is not. It's a little like poker--whoever can see all the hands has the advantage. Instead, newer programs allow the user to enter these price points in the auto trader system, but trigger a market order when the conditions are met. This is one advantage of a truly robotic stock trading program.

Automatically Executes Your Trading Strategy Even While You're Away From Your Computer - Very few stock market trading systems can actually do this. For those that do, it's done based on the trader selecting technical indicators, comparison operators and numerical inputs that will activate opening, adding to, or closing stock positions. Essentially, it's a rules driven software system. The trader can select from hundreds of historical indicators representing the stocks' previous conditions. The indicators should be updated daily using the latest data. Programs that can trade automatically are the cream of the online investing software crop. They take the emotion out of investing. Long time traders report that the simplest strategies, when left to run on their own for long periods perform best. The program should also have a manual override so the stock trader can manually place a trade as well. Specifically ask if the system has this capability. Many market themselves as "automated trading" but are not truly automated.

Ability to Simulate Strategies In Real Time Before Running Live - Most traders would agree that they'd like to "test drive" a system before using it. Some programs allow this through "back-testing," in which the program uses past data to execute the trades and show you what they would have been. This is not always accurate, as there is much data needed to perform a thorough back-test and it's nearly impossible to replicate all the circumstances with just the historical data. In addition, how the system performed in a market last month or last year does not indicate how it will perform in the here and now.

There are a few systems that allow the stock trader to simulate strategies, but this is done mostly with paper tickets, rather than through the software package. The best stock trading software will let you practice stock trading using a live real-time data feed during market hours. This is the preferred method, as it gives traders a very realistic view of how their trading strategy is performing and the ability to feel the highs and lows of daily trading without investing real money. If you can simulate trades, you won't need to open an actual brokerage account until you go "live" with real money. Ask if there is a limit on how long you can run in the simulation mode.

Shows You How to Create A Stock Trading Strategy - There should be a step by step walk through to show novice traders how to create a trading strategy. Are there off-the-shelf strategies that are available for your use? Are there any fees involved or are they offered for free? Can you modify the off the shelf strategies? Note that firms should not be guaranteeing you a certain return. The best firms will have long and short stock trading strategies available at no charge and will allow the stock trader to create their own. Some firms will even allow you to copy strategies from a "friends" list. One size does not fit all. If the company doesn't tell you the details of the strategy or why they selected or recommend a certain stock, then it's not advisable to use it. You may overpaying for "proprietary" services and may be able to obtain free stock market tips and recommendations online that will perform comparably.

Tech Support and Customer Service - The best automated stock trading software firms have an extremely high "up-time" and are very rarely out of service. Check on the firm's record--how often have they had outages? The software should be easy to install and should work with a variety of operating systems (Windows XP, Windows Vista, etc.). If you have questions, is there a knowledgeable and helpful staff to provide service? How quickly do they respond, if by email?

Commissions - Trading commissions can eat into your profits if you are not careful about choosing a plan that fits your needs. Commissions can vary greatly from broker to broker, depending on the number of shares traded, whether the shares are in round lots of 100, price of the shares traded and the number of trades you place each month. Stock traders may even want to have more than one account if they have a trading strategy that normally trades 100 shares lots and another that trades 1000 share lots. It pays to read the fine print.

Number of Broker Choices - If you have a proprietary brokerage software product, then you'll only be able to trade through that firm. The best online trading includes the lowest commissions for the typical trades for each strategy that you use. There are other programs whose software has been integrated into the order placing functionality at a variety of brokerage firms. Commissions will be one consideration in choosing a firm. Another is the margin rates. If you choose to have a margin account and borrow against the value of your securities to open more positions, you will be charged margin interest. Rates will vary by firm. Typically, firms with the lowest commissions won't pay you interest or offer a money market fund for your uninvested cash. This is how they keep their costs down. If you anticipate having extra cash that you won't use for trading, you may want to keep it in another account where it can earn more. You should also check if there is a minimum to open an account or a minimum number of trades required.

Check the Costs and Software Support

Initial Software Fee and Monthly Fees - Ask is there is an initial fee to buy the software package. Is it thousands of dollars? If so, find out what you are really getting. Much of what you can obtain from some of these programs can be found in inexpensive books or on the Internet for free. Is there also a monthly fee? If so, what does it cover? In reviewing online trading services, more expensive software is not necessarily better. Some active investing services are less expensive because they have more subscribers.

Data Feed Fee - Does the program include real time data feeds for stock quotes and indicators? Is there an extra fee for this or is it included in the basic monthly fee? This is the biggest component cost in developing automated stock trading programs. Or, is the data delayed by 20 minutes? Is it only the end of day data? If so, even in a simulation, old data is not good data. Many brokerage firms offer free Level II quotes to qualified active traders who trade a specified number of trades each month.

Stock Charts Fee - How will you review the major indicators that you're using to make trading decisions? Some programs include stock charts with their fee, others charge a separate fee for it. Depending on the platform you choose, you may or may not need a charting package. Find out how much is it and how much you can customize the stock charts to track your favorite indicators.

Ongoing Support Fee - Ask is there are any other fees. Hidden fees will definitely each into a stock trader's profits. If you're not in the market to make money, then you shouldn't be in the market.

Long Term Contract - Is the fee you're paying upfront for a year's contract? If so, is it automatically renewed every year?

Training Fee - Find out if there is a separate training fee. For programs that market themselves as financial educators, there will be a fee, sometimes hundreds or thousands of dollars, as this is how they make their money. The best automated stock trading software programs provide free training.

Training Formats - Is the training in the form of a live seminar? Webinar? Are there extra materials such as DVD's that you must buy to find out all the information advertised? Or, is live training available in the company's office?

Minimum to Invest - Brokerage firms have their own minimums but there are also account minimum balances required by the Securities and Exchange Commission (SEC) for what it calls "pattern day traders." A day trade occurs when a trader opens and closes the same position in a margin account on the same day. A pattern day trader is any person who executes 4 or more day trades within 5 business days in a margin account, provided the number of day trades is more than 6% of the total trades in the account during that period. All pattern day traders must maintain a minimum of $25,000 in equity at all times.

System Requirements - The more robust the trading system, the greater the memory requirements. Check this before you sign up or purchase a new computer. If you sign up for more than one account, will your machine have enough RAM to run both or will you need to purchase an extra computer or more memory? If you have a Mac, ask if the software works on Mac, as not all do. You may want to have one computer dedicated only to your automated stock trading programs and not run other word processing or spreadsheet programs.

Reports - The best automated stock trading software will include a reports function, that allows the stock trader to pull up trades by time frame, security, long vs short, open vs. closed and P&L. For truly active traders, this information is an easy way to track trading for tax purposes.

Trading Strategy Statistics- In addition to Reports, another great feature is strategy statistics. They will tell the serious stock trader the number of trades executed and break them down by profitable vs. unprofitable over various intervals. Reviewing the strategy accuracy increases the odds that a stock trader will be profitable.

Online Trading Community - Trading platform developers who are truly proud of their work welcome comments and questions from users. Take some time to read their stock trading forum and see what other stock traders are saying. There are even a few automated stock trading programs that will take requests for additional indicators from their users.

Take the Right Steps as You Choose Stock Trading Software

Be wary of those who tell you that you must follow their stock trading system using only their tools. This is about you having control over your financial future. There are as many successful stock trading strategies as there are active traders. Experiment, talk to others and do research. You will find what works best for you.

Use caution when signing up for anything long-term, even if a 30-day free trial is offered. Some firms may request a large down payment or full payment in advance and pressure you on the spot, promising a discount if you sign up immediately. Some consumers have reported difficulty in obtaining refunds even when they have followed the procedures exactly.

Happy trading!

CoolTrade? Fully Automated Stock Trading Software benefits include Power Research Tools. The CoolTrade? Strategy Wizard allows you to rapidly filter through all 8000+ NYSE, NASDAQ, and AMEX stocks for only those that meet your investment criteria. 100% point-and-click, requiring no programming knowledge. Fully Automated Stock Trading Software. A real-time Market Simulator allows you to run a strategy that you select in simulator mode during live market hours. This is not a back-tester. It runs in real-time so you can see how your strategies perform during actual market conditions. The Reports option will provide you with your strategy statistics. Switching from live to simulator mode is done with a simple click of the button. The Robotic Trader may be set to start by itself in the morning and trade the market all day 100% unattended.

CoolTrade

The Tao of rapid creation of wealth and perpetuation of sales online Forex day

2011-01-07T04:25:00.000-08:00

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Foreign currency trading is the most profitable and powerful way to make money today in the world.

It is a 2.5 trillion dollars daily global market and business.

For this reason the knowledge and the secrets of how to do it successfully have been kept away from the public for thousands of years.

This is because it is the jealously guarded "SECRET" of how the "Money and Power" Elites, the multi-national and multi-billion dollars corporations, largest banks and governments of the world, the "Movers & Shakers" of International Banking & Finance, Business moguls & Tycoons, CEOs of major Corporations, secret societies and the privileged blue bloodlines of the Wealthiest Families of Europe and the Americas make their money and get rich.

They create vast fortunes easily trading foreign currencies.

Thereafter, using this great wealth, they create factories to manufacture consumer goods and products and hire you, Joe Bloke to work in those factories, banks and jobs at minimum wages.

So, it is no wonder why they don't want you to know about the REAL TRUTH and "SECRET" on how to generate great wealth through foreign currency trading.

If you know how to trade foreign currency and generate $100,000 monthly for life, will you be idiotic, naïve and crazy to go to work at these DEAD END jobs to earn minimum wages and be paid nickels and dimes?

So, there has been a persistent organized campaign by the powers that be, the Money Elite to KEEP AWAY AND HIDE these "SECRETS" of creating vast wealth from foreign currency trading.

That is why they are always floating false propaganda and negative campaign in the mass media that currency trading is risky and you should not do it because you'll lose all your money.

If you go to your bank manager or money management advisor or investment management company and tell them that you wish to make money at home from online currency trading, they will scream at you and try to discourage you and frighten you with the false information and half truth that it is risky and that you'll lose your money.

This is because it is THE SECRET with which they make money and get rich!

Citibank alone makes $20 billion dollars trading currencies yearly.

Most banks, including your bank trade currencies and it is among the major ways to create income.

It is just that they don't advertise this secret.

George Soros, the King of forex trading makes billions of dollars yearly trading currencies!

It is reported that a few years ago, he nearly caused the government of Thailand to go bankrupt because he made so much money trading their currency!

Yes, foreign currency exchange trading or forex trading can be risky.

It is true, you can lose your shirt and go bankrupt.

But this is half of the truth.

The other half of the truth is that if you buy and study a good forex currency trading e-book guide or program and understand how it works, avoid the pitfalls and get to know the secrets of risk management and trade with discipline, you can get fabulously rich so fast it will make your head spin round and put the devil to shame.

This is why there is an organized campaign to discredit online currency trading.

If you get rich so fast, then you'll not need to depend on the "Money and Power" Elites and their jobs and welfare system where they allow you nickels and dimes to keep you subjugated.

If you get rich too fast, they will no longer be able to manipulate you into voting and keeping them in power to continue milking your life by making you labor and work yourself to death making them rich.

There are so many reasons why most beginners in foreign currency trading fail to earn money and instead lose all their savings.

When they first hear about how easy and fast it is making money from day trading currency, they search the internet and find a forex trading broker.

Then they open a currency trading account and put in a few thousands of dollars in the online currency trading account and immediately begin to try to earn money from online currency trading.

And they get entangled in all the foreign currency trading sophisticated strategies and systems of technical and fundamental analysis such as reading "Forex charts", "Moving Averages", "Elliot wave", "Stochastics", "Bollinger bands", "Directional movement index", "Trend and Oscillator indicators", "Fibonacci retracements and others.

They spend all day and night listening to business news on radio, reading forex newsletters, forex articles in magazines and watching business news on TV

These beginners don't take their time to buy a valid online currency trading e-book guide to study and understand the forex market and the currency trading "SECRETS" before they begin trading.

They don't open the free demo trial forex trading account to practice for free to develop viable profitable currency trading skills first before they open a paid forex trading account to begin trading and making real money.

They make the fatal and dumb mistake of trying to fly in the world of foreign currency trading market before they learn how to crawl.

So, they get confused, make grievous foreign currencies trading errors and lose their money.

When they lose their money, they will not accept responsibility because that is the difficult part.

The easy thing to do is to blame their mistakes on online currency trading and to declare and gripe that it is risky and a scam designed to con the unsuspecting public.

This gives them the justification to begin filing false complaints and instigating legal action with the lame excuse that they were naïve and didn't know the risk involved and so have been ripped off.

The truth is that there are at least one million people around the world who have foreign currency trading skills and do it well to make millions of dollars monthly!

Yes, sometimes they will lose.

But most of the time they are fabulously profitable.

I once read about a taxi cab driver from New York who started trading foreign currencies about 10 yrs ago.

While driving his taxi cab, occasionally during his lunch break, he will log into his forex trading account and enter a few currency trades.

By the end of his driving day shift, he would check his online currency trading account and was always surprised to find that for a few minutes of trading currencies, he had made more money that day in minutes than he made driving the cab for a whole month.

This encouraged him to stop driving the taxi cab and to begin trading currencies full time.

In 10 years, he made $4 billion dollars ($4,000,000,000) trading foreign currencies online and was listed in Forbes Magazine's 400 richest Americans!

He is just one out of the many average people all over the world who took the time to study online currency trading, understood it and trade it correctly and are making millions of dollars without any hard work.

You too can do the same.

It is simple.

If you can click your mouse once to buy the currency and in a few minutes click your mouse a second time to sell them, you can make money.

It is a no brainer. Even a caveman can do it!

So, foreign currency trading is not difficult to understand or to do like stock or bond or commodity trading.

If you know where to get a good and valid forex trading guide or e-book and be patient to spend 1 hr daily to study it to understand the foreign currency trading market, how to click your mouse to buy and sell the currency; and if you will be patient to do the free demo trial for a few months before you open a paid forex trading account to begin trading, you can get obscenely and insanely rich so fast, it will make your eyes want to pop out, seeing all the piles of cash you generate just by clicking your mouse twice for a few minutes daily!

One powerful secret that will help you as a beginner is to avoid hiring money managers at the beginning to trade currencies for you.

The reason is that 90% of these money managers who advertise with highly impressive websites and brochures and also in TV infomercials and radios and seminars are fraudulent.

When you hire them to trade for you, they will over trade your account (churning) so as to generate a lot of trading fees for themselves because whether they make money for you or not, you must pay them their fees.

The more they trade your account, the more fees they generate for themselves!

By over trading your forex currency account, they expose it to massive risk which will eventually lead you to lose a lot of money.

This is because there are certain days and times which are profitable to trade and there are some days and times which are not.

Therefore by over trading (churning) your currency trading account, they get rich at your expense.

Plus, some of them will even use some profits they generated from trading your account to trade for themselves and make themselves rich without you knowing what is going on.

As if that is not bad enough, some will entice you to trade on margin. This means that they will loan you money to trade.

But the trick is that they are loaning you digital money which is created from the air and has no value.

All they do is go to your account and enter any amount of money they wish to loan you. (They don't actually put real money into your currency trading account!)

This is not real money because it is just digital artificial numbers.

But if you use this fake funny digital money to trade and lose, then you'll owe them real money!

You'll be required to pay them with real money!

And if you fail to pay them, they can freeze your bank accounts, assets and homes to collect the debt.

This is how most of these brokers get rich at the expense of naïve beginners in online foreign currency trading.

So, if you're a beginner, avoid hiring money managers to trade for you at the beginning. Stay away from managed trading.

Instead learn to trade and after you have made at least $500,000, contact us to give you the list of the best and honest money managers in the world (as well as the best forecasting services) who can trade for you and make you richer.

There is another fraud which some money managers perpetrate.

After you open a paid online currency trading account and put in thousands of dollars in there for them to trade for you, they use your money to trade for themselves.

Then they use a computer software to generate a fake forex trading account statement for your forex trading account which will show that you've lost money.

There is no way most people will find out, because you can't access their trading activities.

And sometimes even when you find a honest and reputable money manager to trade for you, when your account becomes profitable and you request to withdraw some of the money, they will begin to give you a run around, excuses and try to discourage you from withdrawing the money.

If you persist, you'll find out that suddenly your account will begin to lose money because they have softwares to manipulate it and generate dubious account statements to make it seem as if you've been losing money!

Above all, most beginners in forex currency trading fail to earn money because they spend too much time in doing complicated forex mathematics, reading charts, listening to business news on radio, TV and reading too many forex newsletters and magazine articles, which are conflicting, confusing, time consuming and counter productive.

They spend so much time over stuffing themselves with forex trading news and information that they become constipated with information and overwhelmed and so have little or no time to actually click their mouse to buy and sell the currencies and make money.

Most beginners also are unable to find and use a good currency trading system and software.

Some of them are even conned into buying outrageously expensive trading softwares and system for $4000 from some companies who advertise on TV infomercials late at nights.

They don't know that they can get the same forex trading system and softwares for free online at the websites of some forex trading companies!

These $4000 softwares are not for beginners and when we checked them out, we found they are complicated and not easy to use.

Infact after you manage to master how to use it, they will not help you to make more money!

So, it is not wise squandering your hard earned $4000 to buy them.

If these over priced worthless forex trading softwares work as they are advertised in seminars and infomercial, the companies will not be selling them.

Instead they will keep them secret and use them to make billions of dollars.

If you wake up tomorrow and discover you have a goldmine underneath your house, will you go out and advertise in TV infomercials and radios and seminars to sell your house for $4000???

The truth is that most of these infomercial advertising forex companies don't really trade currencies. They are just sales people. Shysters. Tricksters.

They make their money by peddling worthless forex trading softwares to the naïve beginners for $4000.

When you check one of these companies out (one of them has the audacity to call their worthless software "Forex Made Easy"), you'll discover that the CEO of this company actually admitted that not only that he does NOT use his $4000 software to trade but he knows nothing about trading currencies!

He only lends his name to his company to use to market their worthless foreign currency trading software.

The company's pitchman who conducts the seminar is a sales man and he also doesn't trade currencies because he had committed fraud in the past and was barred from trading commodities.

While the CEO of the company runs infomercial and seminars peddling worthless forex trading software for $4000, he doesn't use it and doesn't trade currencies.

Instead he hired a money manager who trades the currencies for him!

So, if you're a beginner who desires to get rich fast from currency trading, you must know these insiders' "SECRETS" of currency trading market and the pitfalls and how to avoid all the fraudulent companies peddling worthless forex trading e-books, books, softwares, systems and complicated trading strategies.

There are millions of them.

Beware because they are smooth operators who are very skilled in salesmanship and who can easily dazzle you with their big refined nonsensical English and so con you.

There are billions of dollars to be made in foreign currency trading and you can get abundantly rich trading these currencies online from home or office starting small.

But you must locate and buy a valid foreign currency trading e-book guide.

You must study it and understand it.

You must try the free demo account trading and do well in it before you can open a paid forex trading account to actually begin making real money.

You must begin by trading only one or two currencies at the beginning.

With time as you acquire more skills, you may trade more currencies.

You must learn how to trade with discipline and learn the BEST DAYS AND HRS to trade to be profitable and the other times when YOU MUST NOT TRADE to avoid losing money.

You must know how to "go long" or "short" on a currency, how to enter "Market Order", "Limit Order", "Stop Order", "OCO order" and "Entry Order".

If you learn how to do Online currency trading hedging, it will help you to maximize your profits.

You must be disciplined and avoid emotional currency trading.

When you make a reasonable amount of money for the day, stop trading because you can't be profitable at all times of the day and if you don't stop and take your profit, you may end up losing all the money you made.

Above all don't open a paid currency day trading account and trade until you have done the free trial demo account trading for a few months and mastered it.

At the beginning, keep your trading strategies simple.

Avoid complications and advanced trading strategies of technical and fundamental analysis because these are the reasons why 90% of beginners lose money.

Use a simple trading strategy to get rich at the beginning.

Afterwards you may then take advanced forex trading courses and do technical, fundamental analysis and use forecasting services to make even more profits and get richer, making millions of dollars effortlessly.

If you're serious in learning all the insiders' "SECRETS" about how to make millions of dollars trading foreign currencies online, without selling your soul to the devil and without losing your shirt, you must get our powerful currency trading e-book which reveals a very simple and yet profitable and powerful trading strategy which is guaranteed to make you $100,000 monthly for life from home or office.

You can learn to get rich from the jealously guarded foreign currency trading "SECRETS" of the "Money and Power" Elites, the multi-national and multi-billion dollars corporations, largest banks and governments of the world, the "Movers & Shakers" of International Banking & Finance, Business moguls & Tycoons, CEOs of major Corporations, secret societies and the privileged blue bloodlines of the Wealthiest Families of Europe and the Americas.

With the millions of dollars which you make from foreign currency trading, you'll be free like a bird to buy a mansion, with the most lavish and expensive furnishings, jewelry, antiques, electronics, a 50ft yacht, dream luxury cars, pick your choice: Lexus X470, $44,000 Jaguar 2007 S type, Silver Porsche Carrera, $180,000 Ferrari Testarossa, Mercedes 2007 Model S Class, 2007 Rolls Royce Silver Seraph, Bentley Mulsanne S, $220,000 Bentley Arnage Silver Tempest or a flaming red Lamborghini Jalpa!

You can make all your dreams in life to come true, without any hard work!

May these insights into foreign currency online investing, foreign currency trading program, investing online, forex trading, day trading, online trading e-book, day trading online, day trading system, day trading course, day trading future, forex day trading, day trading book, day trading firm, day trading training, currency day trading, online future trading, online currency trading, online forex trading, online commodity trading, online currency trading system, currency forex online trading, online trading course, online trading education, trading, online trading investing, forex, forex trading, forex broker, forex market, forex trading system, forex news, forex trader, forex signal, forex trading, online forex, trade forex, forex quote, forex education help you make millions of dollars and to achieve your life's ambitions and dreams.

This article is copyrighted and you may publish this article at your website, in your e-zine (newsletter, blogs) or send it to a friend as long as you retain the author's resource box, including the website address, and refrain from altering the content or using it in any re-direction manipulation scheme.

If you don't agree to these conditions, please don't copy and use this article.

Anyone who violates this condition will be subject to legal action and payment of damages for violation of our copyrights.

Thank you.

Ikey Benney is the creator of Mscsrrr Millionaire Automated Foreign Currency Trading e-book Guide. Discover how to begin generating $100,000 monthly for life from home or office without doing any work currency trading program [http://www.mscsrrr.com]: [http://www.mscsrrr.com]

Trading Psychology: errors in a sales environment

2011-01-06T12:15:00.000-08:00

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When it comes to trading, one of the most neglected subjects are those dealing with trading psychology. Most traders spend days, months and even years trying to find the right system. But having a system is just part of the game. Don't get us wrong, it is very important to have a system that perfectly suits the trader, but it is as important as having a money management plan, or to understand all psychology barriers that may affect the trader decisions and other issues.

Most Forex trading courses and Forex training programs forget about these important aspects of trading. But the truth is that in order to succeed in this business, there must be a complete equilibrium between all important aspects of trading.

In the trading environment, when you lose a trade, what is the first idea that pops up in your mind? It would probably be, "There must be something wrong with my system", or "I knew it, I shouldn't have taken this trade" (even when your system signaled it). But sometimes we need to dig a little deeper in order to see the nature of our mistake, and then work on it accordingly.

When it comes to trading the Forex market as well as other markets, only 5% of traders achieve the ultimate goal: to be consistent in profits. What is interesting though is that there is just a tiny difference between this 5% of traders and the rest of them. The top 5% grow from mistakes; mistakes are a learning experience, they learn an invaluable lesson on every single mistake made. Deep in their minds, a mistake is one more chance to try it harder and do it better the next time, because they know they might not get a chance the next time. And at the end, this tiny difference becomes THE big difference.

Mistakes in the trading environment

Most of us relate a trading mistake to the outcome (in terms of money) of any given trade. The truth is, a mistake has nothing to do with it, mistakes are made when certain guidelines are not followed. When the rules you trade by are violated. Take for instance the following scenarios:

First scenario: The system signals a trade.

1. Signal taken and trade turns out to be a profitable trade.

Outcome of the trade: Positive, made money.

Experience gained: Its good to follow the system, if I do this consistently the odds will turn in my favor. Confidence is gained in both the trader and the system.

Mistake made: None.

2. Signal taken and trade turns out to be a loosing trade.

Outcome of the trade: Negative, lost money.

Experience gained: It is impossible to win every single trade, a loosing trade is just part of the business; our raw material, we know we can't get them all right. Even with this lost trade, the trader is proud about himself for following the system. Confidence in the trader is gained.

Mistake made: None.

3. Signal not taken and trade turns out to be a profitable trade.

Outcome of the trade: Neutral.

Experience gained: Frustration, the trader always seems to get in trades that turned out to be loosing trades and let the profitable trades go away. Confidence is lost in the trader self.

Mistake made: Not taking a trade when the system signaled it.

4. Signal not taken and trade turns out to be a loosing trade.

Outcome of the trade: Neutral.

Experience gained: The trader will start to think "hey, I'm better than my system". Even if the trader doesn't think on it consciously, the trader will rationalize on every signal given by the system because deep in his or her mind, his or her "feeling" is more intelligent than the system itself. From this point on, the trader will try to outguess the system. This mistake has catastrophic effects on our confidence to the system. The confidence on the trader turns into overconfidence.

Mistake made: Not taking a trade when system signaled it

Second Scenario: System does not signal a trade.

1. No trade is taken

Outcome of the trade: Neutral

Experience gained: Good discipline, we only need to take trades when the odds are in our favor, just when the system signals it. Confidence gained in both the trader self and the system.

Mistake made: None

2. A trade is taken, turns out to be a profitable trade.

Outcome of the trade: Positive, made money.

Experience gained: This mistake has the most catastrophic effects in the trader self, the system and most importantly in the trader's trading career. You will start to think you need no system, you know better from them all. From this point on, you will start to trade based on what you think. Confidence in the system is totally lost. Confidence in the trader self turns into overconfidence.

Mistake made: Take a trade when there was no signal from the system.

3. A trade is taken, turned out to be a loosing trade.

Outcome of the trade: negative, lost money.

Experience gained: The trader will rethink his strategy. The next time, the trader will think it twice before getting in a trade when the system does not signal it. The trader will go "Ok, it is better to get in the market when my system signals it, only those trade have a higher probability of success". Confidence is gained in the system.

Mistake made: Take a trade when there was no signal from the system

As you can see, there is absolutely no correlation between the outcome of the trade and a mistake. The most catastrophic mistake even has a positive trade outcome, made money, but this could be the beginning of the end of the trader's career. As we have already stated, mistakes must only be related to the violation of rules a trader trades by.

All these mistakes were directly related to the signals given by a system, but the same is applied when getting out of a trade. There are also mistakes related to following a trading plan. For example, risking more money on a given trade than the amount the trader should have risked and many more.

Most mistakes can be avoided by first having a trading plan. A trading plan includes the system: the criteria we use to get in and out the market, the money management plan: how much we will risk on any given trade, and many other points. Secondly, and most important, we need to have the discipline to follow strictly our plan. We created our plan when no trade was placed on, thus no psychology barriers were up front. So, the only thing we are certain about is that if we follow our plan, the decision taken is on our best interests, and in the long run, these decisions will help us have better results. We don't have to worry about isolated events, or trades that could had give us better results at first, but then they could have catastrophic results in our trading career.

How to deal with mistakes

There are many possible ways to properly manage mistakes. We will suggest the one that works better for us.

Step one: Belief change.

Every mistake is a learning experience. They all have something valuable to offer. Try to counteract the natural tendency of feeling frustrated and approach mistakes in a positive manner. Instead of yelling to everyone around and feeling disappointed, say to yourself "ok, I did something wrong, what happened? What is it?

Step two: Identify the mistake made.

Define the mistake, find out what caused the mistake, and try as hard as you can to effectively see the nature of that mistake. Finding the mistake nature will prevent you from making the same mistake again. More than often you will find the answer where you less expected. Take for instance a trader that doesn't follow the system. The reason behind this could be that the trader is afraid of loosing. But then, why is he or she afraid? It could be that the trader is using a system that does not fit him or her, and finds difficult to follow every signal. In this case, as you can see, the nature of the mistake is not in the surface. You need to try as hard as you can to find the real reason of the given mistake.

Step three: Measure the consequences of the mistake.

List the consequences of making that particular mistake, both good and bad. Good consequences are those that make us better traders after dealing with the mistake. Think on all possible reasons you can learn from what happened. For the same example above, what are the consequences of making that mistake? Well, if you don't follow the system, you will gradually loose confidence in it, and this at the end will put you into trades you don't really want to be, and out of trades you should be in.

Step four: Take action.

Taking proper action is the last and most important step. In order to learn, you need to change your behavior. Make sure that whatever you do, you become "this-mistake-proof". By taking action we turn every single mistake into a small part of success in our trading career. Continuing with the same example, redefining the system would be the trader's final step. The trader would put a system that perfectly fits him or her, so the trader doesn't find any trouble following it in future signals.

Understanding the fact that the outcome of any trade has nothing to do with a mistake will open your mind to other possibilities, where you will be able to understand the nature of every mistake made. This at the same time will open the doors for your trading career as you work and take proper action on every mistake made.

The process of success is slow, and plenty of times it is attributed to repeated mistakes made and the constant struggle to get past these mistakes, working on them accordingly. How we deal with them will shape our future as a trader, and most importantly as a person.

Raul Lopez

http://www.straightforex.com/

Sales of paper and the transition to real money transactions

2011-01-05T16:30:00.000-08:00

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Paper trading is widely discussed regarding its merits, and whether it is of value to a trader as they try to make the transition to real money trader. One viewpoint is that since paper trading is not real, the profits are meaningless, and are no indication of real money profitability. An opposite viewpoint would state that paper trading is an important step in the trader's learning progression, and regardless of whether it is real, if the trader cannot 'properly' paper trade, then they will not be able to real money trade.

I began trading in early 1995, with the intentions of becoming an options trader; my first trading education was through an oex options teaching service. Besides options training, the service included 'tape' reading, trade management AND sp500 index futures trading - also included in the service was the prevalent attitude that paper trading was for 'sissies'.

So I was a new trader, trying to learn and understand completely new concepts and ideas - what was called a trading method AND I was 'practicing' with real money - because paper trading was for 'sissies'. What did I accomplish, besides a big draw down in my account? I quickly introduced to trading psychology and the related implications - something else I also knew nothing about. Losing money and a trading psychology 'wreck', both from the losses and thoughts like I was too 'stupid' to ever learn how to trade, became a combination which took me out of futures trading, and then unfortunately carried over into my options trading which I had previously been doing well with. I just couldn't take it any more - I had to somehow start all over, or just quit for good.

Paper Trading Viewpoints

Consider: simulator fill prices are not real and won't be attainable with real money. Even if this is correct, is it really an issue unless the trader intends to be a scalper, trading for very small profits, and thus each tick is critical? Granted, but shouldn't a beginning trader be very selective, focusing on learning their method and the 'best' setups that method provides? This would be my viewpoint, and in this capacity paper trading fill prices are not an issue.

Consider: the trades are being done with no risk. No, there isn't any financial risk in paper trading, but I actually haven't met nearly as many profitable paper traders as one might expect. Why would this be the case if being able to trade without risk was such an easy thing to do? As well, what about self-esteem risk, and an attitude like - how can I be so bad that I can't even paper trade? The risk feelings like these are probably greater than that of financial risk, and if they are going to surface, you would want to encounter them before trading real money. As well, even if the issue was only one of financial risk - wouldn't you want to begin with the confidence of knowing that you were paper trading profitable? It would be hard to imagine a losing paper trading being able to profitably trade real money.

Consider: there is no emotion involved with paper trading. I was in our chat room watching a paper trader post their trades in order for me to give them feedback, and I noticed that one of their specific plan setups wasn't done. When I asked why, the trader told me that they were ahead for the day and didn't want to risk those profits. But the profits aren't real - how can you not take a 'base' method setup when paper trading - isn't that the point? Would you be in agreement, that if paper trading profits could be viewed in this fashion, that it has the ability to become very real and thus emotional to the trader? I would suggest that this is related to paper trading really not being 'so easy', and as mentioned above, self-esteem risk can be very emotional.

Besides examples like this, emotions can be added to the paper trading process. Throw away your simulator, and then go into a chat room and post all of your trades - no 'youknowwhating' around where you wait to see if the trade was profitable before you post it, like a number of traders that I have seen. What's the point, and when you consider the underlying implications of 'needing' to do this - the issue certainly isn't about whether paper trading is of value or not, but certainly best to find out before trading real money. You must post immediately and without lag, giving your direction and entry price, along with subsequent posts of any partial profits, and of course your exit, which ultimately is the determinant of whether the trade was profitable. There is no need to make any comments, or answer any questions regarding your trades - simply post the particulars as fast and real time as possible AND see if you feel any emotions doing this in front of the rest of the room while you go through a series of losses. Do you want to add even more emotions? Go through the same posting process, but do so where the rest of the room actually knows the method that you are trading, and what the trades 'should' be. You will quickly find out just how emotional paper trading can be - actually a very valuable exercise for the paper trader to do.

Paper Trading And Making It Further Beneficial

I have two predominant problems with paper trading, but this is with the trader's approach, and not with paper trading by definition: (1) the trader does 'things' paper trading that they would-could not do with real money (2) the trader views paper trading profitability, instead of paper trading proficiency, as the guideline of whether they are ready to begin trading real money.

I have seen too many paper traders, continuously and knowingly, over trade 'non-plan' trades, with trading size that is greater than they could afford the margin for in a real account - let alone accept the risk of loss, while also holding trades for risk amounts that they would not accept with real money. Viewing paper trading as a 'step' in the learning progression and transition to real money trading, it is critical that the paper trader only trades exactly what, and how they would trade with real money. Don't allow yourself to turn paper trading into a game, supposedly because there is no risk - the risk of making bad habits that you can't correct is tremendous, and will circumvent any attempt to trade real money. This is the time to learn YOUR basic trading setups, and make necessary adjustments to them and your entry-exit timing, in order to then make money trading them - this is NOT the time to turn your simulator into a pinball machine flipping at any ball that comes near you.

There is a problem with focusing on trading profitability -vs- trading proficiency. To begin with, profitability places the focus on money instead of on plan. And what is profitability - if you take 10 trades and make $75 are you profitable? Technically, if you are net ahead you are profitable, but what if those same 10 trades had a potential of $1,500, and you only made $75 - are you really profitable? This is what I am referring to when I think of trading proficiency. Instead of focusing on the common metrics, such as win:loss or win size:loss size ratios, I am most concerned with the win size:potential win size ratio, and want to maximize this percentage to the extent that is possible.

For instance, when a trader asks about adding trading size, taking the attitude that if they can make $100 trading 3 contracts, then they can make $1,000 by trading 30 contracts, the first thing I ask them is what is their proficiency ratio - why increase contract size and the corresponding trading risk, if you 'should' be able to make more money from smaller size? This is especially important for the paper trader, where they should not regard simple profitability as an indication of readiness to trade real money, but consider proficiency - for instance, begin trading real money when you are 60-70 percent proficient with your paper trades.

So What Is Your Viewpoint Regarding Paper Trading?

I never thought that I would ever make a dime trading, let alone be able to trade for a living or become involved with trying to teach others to trade - was this simply a function of starting over and paper trading? Granted that is too simplistic, however, I do know that it would have certainly changed the beginnings that I had, while very much shortening my learning curve, and reducing a lot of pain.

Clearly, I am on the 'side' that believes that paper trading is not only beneficial, but that paper trading is also necessary - however the value received will be dependant upon the trader's approach and attitude. Needless to say, paper trading as described is something that I have always strongly recommended.

Barry Lutz has been trading, as well as teaching others to trade since 1997, through his firm Tactical Trading, LLC., http://www.tactrade.com He also writes a daily trading teaching lesson, which can be found along with other resources on trading psychology and trading method, at The Tactical Trader, [http://www.tactrading.com]

Trade show exhibitors have many display options

2011-01-05T03:03:00.000-08:00

For everything there is a season. This is also true of the trade show industry. It can be a first time exhibitor or an experienced professional. You may have additional fairs you want to attend that occur at the same time or you may want to test the waters before you jump on a new stage of trade show. The choice is yours. The good news is that there are a lot of options you can choose.

Before deciding what type of trade show display booth you want, however, you must first determine your space size requirements and the number of trade shows will be presented at next year. This information will help you decide whether to buy vs. rent. If you buy, there are four categories of trade show exhibit displays: custom, custom modular, used and portable fair shows. Check out the advantages and disadvantages of each. Light weight materials are less expensive to operate that the wood all traditional screens.

Use tissue tension, forests, metal color, graphics with layers that require less than container shipping, provide an aspect of design trend and save on operating costs. Greater exposure of traditional trade show sample may be obsolete because they are expensive to handle due to the heavy weight, require greater size and number of boxes to send, and that are not consistent with the current design trends.

Suppose you want to test the waters and you want to purchase a trade show exhibit. Do you know you you could buy a trade show display vehicle that you will save you time and money?

In fact, it is possible to cut your trade show exhibit design time and construction costs by more than half when you select a trade show booth display previously property. Withdraw inventory companies display professional trade show they handle the vehicle exhibitions of high quality. Often have exhibitions that their customers have used previously. You can find numerous options depending on the size, design, scope and similar trade show display rental price. Be sure to select a configuration that fits your booth space exhibition and then modify the graphics and structural elements to meet your staffing, image, communication and traffic requirements. Then customized fair graphics on your trade show exposure and can be "through the gate and on the ground" in a matter of weeks.

Conversely, another option located on the opposite side of the spectrum is the stand which can be virtually anything you want to make custom trade show display. As the term indicates, the exposure of the trade agenda is customized to your exact specifications. You can capture the drama of the advance your company's product offering and make its presence known on the show floor as dazzles visitors with graphic design creative trade series, materials, size, elevation or AV components Trade show exhibition custom design is the "resistance" field product exhibition trade show where the exhibitor is willing to create high drama and powerful images for the sake of a truly powerful impact.

Another trade show display option is that the custom modular trade fair exhibition that offers the ultimate trade show exhibition of images without the increased cost of custom trade show displays. Modular construction means taking advantage of interchangeable components such as back, counters, display walls pedestals and external panels. Light as aluminum, the Plexiglas and fabrics of high quality structural materials provide simplified meeting, space saving packaging and less shipping and handling charges. Flexible trade show display components allow you to reconfigure the design or the size of your stand fair one to another. Modular exhibitions offer image quality and design without sacrificing the value.

You might also consider that a lightweight portable trade show screen as a way to meet a range of trade show display configurations to present a distinctive creative image. Easy to configure, the mobile system of trade show has a skeletal frame with attachable laminate panels, which simply clip together virtually unlimited structural styles. Accessories such as bridges, counters, bedrooms and backlight can enhance the versatility of interchangeable portable trade show display systems. Portable trade show display system can convert desktop for spectacle island trade exhibitions in minutes and adapt to almost any trade show display situation with minimal effort. Usually their own cabin staff can carry and mount the exposure of the own trade agenda time savings and the additional costs of drayage and contract workers. Portable trade show sample is especially suitable for exhibitor first and shows regional and small appearances.

Or you might want to consider a rental trade show display. Rental before the purchase can be the perfect solution when still has to decide his commitment to investment trade show exhibition. Or, for that casual showing, island trade show exhibition when you need to supplement your regular fair exposure, you might want to rent and customize an island rental trade show. These major trade show exhibition can therefore escape management and storage costs. There may also be occasions when a trade show booth have scheduling conflicts or are reserved for a simultaneous exhibition. If you want to hedge their trade show display purchase decision, unless a fair initial display investment or complement your trade show booth inventory try the solution rental trade show exhibit. If the fair rental display works for you, ultimately you can purchase as your permanent fair exhibition.

Remember, you are what kind of trade show booth display selected when you plan to exhibit at a fair. You can have a memorable if you have a fair experience of vehicle exhibit display, custom fair exhibition, a custom modular trade show booth, a laptop or trade show exhibition, or a rental trade show exhibit screen appears.

Trade show exposure options are available provided that will have its next fair - show in Orlando and Las Vegas, San Francisco, San Jose McEnery Convention Center, Santa Clara Convention Center or Moscone Center Convention Center.

Dick Wheeler is President of Professional samples & graphics, headquartered in Sunnyvale, California, with showroom in Sacramento. Firm is a full-service premiere exhibition exhibition, graphics and enterprise service management. http://www.proexhibits.com

Trading scheme

2011-01-04T03:42:00.000-08:00

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Trading is a business. As in any other business, a well thought-out plan can make the difference between success and failure. A trading plan is a pact you make with yourself. It is your personal blueprint for success. It must include not only your goals but must also detail how you plan to achieve them. Traders work alone, and so do not need to deal with many of the organizational issues confronting other business plans. But traders need a business plan (trading plan) just as much as any other business.

The three important factors that need to be strongly engrained into our minds and ultimately into our trading plans are Trading Psychology, Discipline, and a Trading System.

Trading Psychology:

Your mind is your main trading asset and must be guarded. How do you plan to protect yourself throughout your trading career? How will you guard against burnout? When and for how long will you take a vacation or a break from trading? (Remember, it's ok and it's healthy to take a break from trading). What is your plan in the event of an unusually large loss? Are there things outside your trading which heavily influence you emotionally? How do you plan to deal with them? Emotional decisions are the most destructive factor to the bottom line. Your trading plan is your protection to guard against these!

Perhaps the single most important aspect of trading and yet the one that is paid little attention to by the average trader is the psychology of trading. Traders must remain emotionally detached from the market; this is easy to say but often difficult to do. A new trader will experience a gauntlet of emotions as they enter the markets for the first time - fear, anxiety, panic, joy, even greed - these are all emotions that the greenhorn trader should not only expect but be prepared to face. You need to remain emotionally detached and act according to your trading plan. Emotional imbalance impairs your ability to make intelligent decisions.

Of course, there are other things to consider besides your emotions. Do you know why you are trading? Are you trading for the thrill, for the challenge, or to make a steady income? Whatever the reason, you will enjoy the experience more and trade better if you know your purpose. Many new traders approach the market with unrealistic expectations. Instead of seeing trading as a business which requires both time and some hard work, they see the market as nothing more than a place to make "quick and easy money." At first they may do well but without any kind of plan in place invariably their inexperience and overconfidence catches up with them.

You must accept the fact that the market is always right and that at times you're going to be wrong. There is no shame in being wrong, even the best traders can be in error. If you don't admit your wrong and do something about it, fear, greed and hope can cloud your vision of the market and can cause emotional responses harmful to your trading. Do not become in love with a losing position. If you're wrong - admit it, get out, salvage your trading capital and wait for the next trading opportunity. Conversely, congratulate yourself and feel good about a trade when you have labored according to your trading plan, regardless of the profit or loss.

Acknowledge that you are the person responsible for your winning and losing - do not blame the market, do not blame a hot tip that did not plan out, and do not blame a newsletter or financial advisor. Losses give us the chance to focus on where our plan fell short and to instantly correct it.

Discipline:

Like most things in life, you will not succeed without discipline. Discipline is adhering to your established trading plan, including entry points and stops. To become consistently profitable, we must have a high level of self-discipline with a well-defined trading strategy that effectively maximizes profitable trades and minimizes losing trades. Creating a trading plan is relatively easy but it is the discipline to follow that plan that will differentiate capable traders from all others. During periods of profit, adhering to a trading plan is comparatively easy. However, during periods of loss the same trading plan will appear rigid and constricting and it is at such times that a trader will be tempted to stray from the plan. At times you might want to deviate from your trading plan, but doing so invalidates the reason for preparing it in the first place. Remember the purpose of the plan was to provide guidelines to follow. Breaking from it will often lead to risk exposure that you were originally unprepared to take.

Besides abandoning your trading plan, a lack of discipline can lead to other troubles for the trader. If you abandon your trading plan you may be tempted to impatiently rush into or out of trades without considering the consequences. You might also start to ignore price charts or start falling victim to your emotions. And most assuredly you will not utilize your stop-losses. Once you ignore your stop-losses it is only a matter of time before you make your last trade. How can you make money, if you don't have any money to trade with? The most important trading rule is to cut your losses. Even though your primary motivation is to make money and you consider this important, protecting your trading capital is even more important.

One of the best ways to manage your risk when trading is to limit how much money you put into a single position. This is to guard against the possibility of something unpleasant occurring. What is the maximum percentage of your trading capital you are prepared to commit to a single trade? If you have had three losses in a row, the likelihood that you are going to have a profitable trade doesn't automatically swing in your favor. Don't increase your trade size thinking your next winner is just around the corner. Instead, after a few losses, your trade size should be decreased slightly to reflect your reduce trading capital. You also have to ask yourself, "What happens if you keep losing money?" Are you prepared to lose all of your trading capital before you are forced to stop, or do you think you would like to hold on to some of the money and place it somewhere else, with the plan of either not trading again for an extended period of time or giving up altogether?

There is a lot to learn about managing your money in trading. Telling you to cut losses is one thing but executing it ruthlessly and without delay can be another.

Trading System:

Having a routine makes it so much easier to follow your plan. Why is this critical? Well, why do most traders fail? Simple, they don't have a plan. A trading plan will often follow a trading routine that the trader consistently exercises over and over again. The routine should bring together most of the parts of your trading plan into a methodical and deliberate process for each and every trade.

When you do not have a written trading plan, even though you have developed a plan in your head, it is too easy to drift away and go back to old habits. Having the written plan will guide you to making the right decisions. Consider the difference between knowing what has to be done and what you want to do. In trading, what has to be done is always the right choice, yet if you do not have a trading plan, you can easily decide with what you want to do, instead.

In your routine you'll likely be sorting through large amounts of information in the form of websites. A routine will help you manage the information flow, it is important to identify what information you need and where you will find it. What information do you really need to trade and what information is for interest only but does not effect on your decisions?

Decide how you will categorize the industry/economic sectors in the market. Will you use any form of sector analysis in your method? If so, how will you use it? Will it be the starting point for your trade selection process or will it be a final filter to ensure you don't enter stocks that belong to poorly performing sectors? If you are going to use fundamental analysis, what items are of most interest to you? For example, are you interested in earnings, dividends, growth, acquisitions? If so, how will you use that information?

Write down your trading methodology. Start by talking in very general terms about how you are going to approach your trades. As examples, are you going to trade only heavily traded stocks that are trading at new 52-week highs? Or are you going to trade more speculative stocks and trade breakouts and/or chart patterns? Are you going to use technical analysis? If so, will you be looking at trends? Over what time frame and how are you going to identify them? Are you interested in reversals of short-term or medium-term trends? If so, how will you identify them and then what will you do once you identify them? How about technical indicators? Will you use any of them? What are your conditions that you look for in all of your trades? What setups will you use and do you have printed examples in your trading plan to go back and review. Finally, what triggers will you use? Usually following specific trading rules and keeping it simple works best!

It is essential that you monitor your performance for a variety of reasons. The most basic of these is to ensure you protect your trading capital. Further, monitoring your performance allows you to review your past trades and learn from your mistakes. This is an approach used by some of the best traders in the world. They will periodically review all of the trades they have conducted, both winners and losers, and learn from them. How will you go about conducting a review of your trading activities and how often will you do this? A trading diary should detail all of your trading decisions, including reasons for starting a trade, your emotions when opening the trade, trend direction, as well as daily adjustments of exits. A trading diary provides you with a methodical way of maintaining a clear focus. It can also assist you with learning from your mistake.

A written trading plan is the only way to go. It is critical that you create your plan when you are thinking clearly and then trade your plan. By planning each trade from beginning to end you are forced to follow a disciplined and methodical approach to the markets.

Please also visit http://options-diary.blogspot.com

The Stock Trading Plan - what is one to trade successfully

2011-01-03T10:30:00.000-08:00

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This is the continuing story of our two imaginary traders, Peter and Paul.

Peter is a professional trader, Paul is not. Peter has a tested, proven, written trading plan that he follows each time he enters a trade, Paul does not.

Peter and Paul have had vastly different Stock trading experiences - Peter has just made another substantial profit - this time from the Bear market, Paul has lost heavily.

A chance meeting with Peter's group of friends one day at lunch launches Paul on a learning curve that will see him become a good trader, but not without some hard lessons along the way.

Today Peter shares his trading plan and the importance of having a trading plan with Paul.

"Today we will work on your Trading Plan," Peter told Paul as they sat down for the start of their next weekly mentoring meeting.

Peter handed Paul a copy of Robert Miner's book, Dynamic Trading, and said, "Here, read this section of this wonderful trading book." Paul read to himself quietly as Peter poured them both a cup of coffee.

"The purpose of Technical Analysis is not to be able to accurately identify every market position, all of the time. While this may be the daydream of many analysts and most amateur traders, it is an impossibility.

"Every method of technical analysis has it's limitations and at times will provide contradictory information. Unless the analyst, trader or investor is willing to accept that his or her analysis will from time to time not provide a confident opinion of market position, he or she is doomed to failure.

"The objective of technical analysis is to identify those market conditions and the specific trading strategies that have a high probability of success.

"If there is a key concept associated with trading and investing, it must be probability. All consistently profitable traders and investors know that every trading and investing decision only has a probability of success, never a certainty.

"Losses are inevitable and are just as much a part of successful trading as profits. If a trader has a successful trading plan, he or she should have no more emotional response to a loss than to a win. Each will be inevitable.

"While it may be difficult to maintain a completely non-emotional relationship to trading and investing, an understanding that trading is a Business of probabilities will go a long way towards developing a stable attitude towards the Business.

"All successful traders have a defined, written trading plan. The trading plan can take many forms. At the very least, it will provide the minimum guidelines that must be satisfied before a trade will be considered. It may be as complex as a long set of very restrictive rules that must be satisfied before a trade can be considered.

"Each has it's strengths and weaknesses. Neither method, whether rules or guidelines, guarantees success, but the lack of either will ensure failure.

"Why have a trading plan and not follow it? Each guideline and rule must be included with reason and purpose. All successful traders and investors consistently follow their trading plan and they know that if they violate their trading plan it will always be costly in the long run.

"A trader who does not consistently abide by his or her trading plan is doomed to failure."

Paul looked at Peter after he finished reading, and understood the implications of what Robert Miner had written. He had never had any sort of trading plan. He had just taken the advice of other people and bought, held and hoped for the best.

Peter said, "You need a trading plan my friend if you are ever going to make money in this Business. Then you have to have the ability to follow it.

"The paragraphs you have just read are as important, and maybe more so, than learning any method of analysis or trading strategies or methods.

"Even a trading plan that included technical analysis and trading strategies that were 100% accurate, in other words, would indeed predict the future trend of a Stock or Index every time with perfect certainty, would not result in you making a profit if you do not know and act in accordance with the qualities discussed above."

"With this in mind, I will now share with you my trading philosophy, trading plan and rules.

"I have found having this set of guidelines gives me a high probability of making successful, profitable trades. As Robert Miner said in his book, some losses are inevitable no matter what rules or strategies are used. They are a cost of doing business.

"A Trading Plan and rules that you have tested and trust will help you remove the two biggest enemies traders face - Fear and Greed. These two factors have probably cost more traders more money than anything the market can throw at us.

"By writing down and consistently following a solid plan that you have back tested and proven to be profitable with you paper trading, you put yourself ahead of 90% of market participants who fail to do any research or testing before they risk their capital in the market, and are eventually wiped out or give up because "the market just isn't for me."

"You must remember however," Peter continued, "These are my guidelines. You might feel comfortable with them or you may not -you have to develop your own style.

"These rules also do not constitute trading advice...you must sit down and determine what your rules and guidelines are going to be. Use these...or not. You must however decide which of the parameters you are going to use for your trading, then -

Write them down into a plan of action - and follow the plan.

Peter's Trading Philosophy -

He went on, "My trading objective is to enter trades in the direction of the major trend using daily end of day data. There are three conditions under which I will enter a trade -

When pattern, price and my mechanical filters indicate a trend reversal has taken place.

On the first correction within the new trend, for example, the first higher low in a new uptrend.

On any trend continuation signal once the Stock or Index has signaled the new trend is underway.

"The initial trend reversal position will always be in lots of 2 Futures positions or $20,000 invested in a Stock. A trend continuation trade entry will be 2 or more futures positions and $10,000 invested in a Stock.

Stop loss orders will be placed 5-50 cents or points past the extreme of the most recent swing pivot at the time the trade is placed - the number of points or cents used depends of the Stock or Future being traded.

"These numbers will be different for every trader depending on risk tolerance and account size. Only take on as much as you can handle psychologically, or you set yourself up for failure.

"If your position size is too large, you will tend to jump out at the first sign of trouble, often at the worst possible time. Trade within you comfort zone and success is much easier.

"My initial capital exposure never exceeds 5% of my available account equity. Additional positions will not be taken unless the initial position is in profit and taking the additional position keeps the risk of the entire position below 5% of account equity. In other words, additional positions are only taken using the markets money.

Trading Rules and Trading Plan -

Peter continued as Paul took notes, "My Trading Plan and rules offer two types of trades - Trend Reversal entries and Trend Continuation entries.

"Trend Reversal entries are taken any time a Stock or Index completes a reaction and appears to be going into an Impulse Trend.

They are also taken when a clear 5 Wave sequence has completed, as we can expect at least a substantial correction, and possibly a change in trend at the end of a 5 Wave sequence.

The rules for Trend Reversal trades are -

The price must break a valid trendline.

The Moving Averages must cross, indicating a change in the short term trend.

For Long Trades, the Stock or Index MUST make a higher swing high, followed by a higher swing low on the daily chart. We enter the trade once the price rallies from the higher low.

For Short Trades, the Stock MUST make a lower swing low followed by a lower swing high on the daily chart. We enter the trade once the price falls from the lower high.

"Trend Continuation entries are taken within the Impulse legs of Trends. They are not taken when price is within a consolidation period or a reaction.

The rules for Trend Continuation trades are -

For Long Trades, the Stock price must be above a valid Trendline.

The price bars must be above the longer term (usually 18 days) Moving Average on the daily chart.

The Stock must be making higher swing highs and lows on the daily chart.

The reactions within the uptrend must be less than 4 days.

For Short Trades, the Stock price must be below a valid Trendline.

The price bars must be below the longer term (usually 18 days) Moving Average on the daily chart.

The Stock must be making lower swing lows and highs on the daily chart.

The reactions within the downtrend must be less than 4 days.

"Moving average periods are Stock or Index specific, in other words, try to find a combination that works on the markets you are interested in trading that don't give too many whipsaws. For example, 9 and 18 periods work well on many Stocks. Sometimes you can go as low as 6 and 13, or you may need as much as 15 and 30.

"Play with it and find the optimum Moving Average numbers for the Stocks you trade. Then you can add the Trendline and swing high and low rules and you are ready to look for some trades.

"A Valid Trendline must touch at least 2 and preferably 3 data point extremes - three significant highs or lows within a trend.

So, in summary, this is Peters Trading Plan...

To enter a trade on a Trend Reversal, he needs a Trendline break, a Moving Average crossover, and a swing higher or lower to get set in an uptrend, and a trendline break, a Moving Average crossover and a lower swing low and lower swing high to enter a downtrend.

To enter a Trend Continuation Trade, he needs a strongly trending market with reactions to the main trend of less than 4 days. He enters with the main trend as the reactions come to an end and places his stop loss orders just past the swing pivot extreme in case the trend fails to continue.

"Now we have looked at my rules for entering trades, lets put them to work on a Stock," he said to Paul.

Turning to his computer screen, Peter opened a chart of IGT and scrolled back to 2001 - about half way through the bear market.

Charts available at StockTradingReview.com

"We know that at this point in time, the weekly and monthly trend in this Stock was down, so we are looking for a valid entry with the trend at the end of a larger degree reaction - a trend continuation trade.

"I have removed all but two moving averages for clarity - these are 7 and 13 periods.

"You can see that the Stock made a low on August 8th, then rallied for 14 trading days including the inside day after the day of the high.

"It then fell sharply, breaking a swing low. Two inside days then one day up followed, then another inside day, followed by a day that broke the low of the inside day but closed slightly higher.

"The moving averages were coming very close together, therefore the third filter I use to enter was nearly in place, as we had already had the trendline break and lower top.

"The Stock broke down the next day, and at the close, the moving averages had crossed - I sold $20,000 worth of IGT short at the close and it fell sharply for 5 days before recovering.

"It had a two day rally, then a day down, so I moved my stop loss order to above the swing high this day down formed and was taken out of the trade three days later after price rallied.

"My entry was at $13.18, my exit was at $10.70, giving me a net profit after Brokerage of $4,605 for a 13 day trade.

Paul could see the set-up quite easily now once it was shown to him in an example.

Peter continued, "Lets have a look at another example." Peter opened a chart of MER and scrolled back to one of his trades from May 2002. Charts available at StockTradingReview.com

"This trade was also when the bear market was well underway and MER was in a strong downtrend on the weekly and monthly chart.

Looking at the daily chart, Peter said, "This Stock made a low, then rallied for 10 days. It then made a lower swing low and then rallied 2 days - the lower swing low is Filter one.

"It touched my short term trendline 4 times as it rallied before breaking down - that is Filter two.

"It then fell two days, had a one day rally, then gave a sell signal as it took out the low of that day.

"This trade didn't result in the same quick profit as the one in IGT, but it was very satisfying all the same. My entry was at $40.55 and my exit was at $33.20 as it broke upwards through my stop loss order above a swing high.

"This Stock gave me several more good profits as the downtrend continued. The set-up is always the same.

"A short term Trendline break, a Moving average crossover, a lower low and lower top in a downtrend.

"Let's have a look at an uptrend so you get the idea of what it looks like in a rally." Peter opened a chart of MSFT from Mid 2003, when the weekly and monthly trend had turned upwards.

Charts available at StockTradingReview.com

"You can see here that MSFT made a high in early July and then sold off for nearly over 5 weeks.

"Then the moving averages crossed and the short term downtrend line was broken convincingly by a large rally off multiple lows at around $25.50. This set up a 5 day rally, then the Stock fell one day before recovering at the close to be up on the day.

"The buy signal was generated at the close, as this met all of the conditions. The Stock rallied over 20% during the next 5 weeks - that was very pleasant to watch."

Paul could see the simplicity of Peter's trading methods and was keen to go out and apply them in the Stock market.

Peter cautioned him however, "Remember Paul, not all trades are this easy and turn out as well, but by trading these types of trends on the daily chart, when the weekly trend is also in the same direction, we have a high probability of a profitable outcome in a large percentage of cases.

"Trying to guess tops and bottoms is a dangerous practice. It is a high risk trading strategy that rarely produces consistent profits.

"It can be done using time, price and pattern to help us, as I did at the low in the S&P 500 the other day, but the easy trades are when we take a piece out of the middle of each with-the-trend range, and leave the tops and bottoms for others until our understanding improves.

"Before you trade the market with actual money, I want you to paper trade for 3 months, or until you are profitable 70% of the time.

"Once you are profitable with your paper trading, only then are you to risk your money in the market - is that understood?"

Yes Paul replied.

Peter continued, "Stay well within your comfort zone, preserve your capital and build your account over time. Your success should then be assured.

"The rules are there for you to learn and apply, but your greatest enemies are your own fear and greed.

"These two will rob your account if you don't gain control over them. You must take every trade your system gives you, follow your rules exactly, and cling to your trading plan like a shipwrecked sailor does to a life raft.

"Imagine that your life depends on you following your trading plan perfectly...because it does.

"At least the life you wish for yourself and your loved ones does."

Paul agreed to study hard and to try to overcome his emotions of fear and greed. He knew it wouldn't be easy, but he was going to do whatever it took to succeed as a trader.

With that, the lesson was over for that week.

Paul left Peter's office feeling like he had just been handed the keys to the Bank vault and knew his trading would never be the same again.

When he arrived home, he went straight to Incrediblecharts.com and studied his watchlist. He picked out some Stocks that looked promising and started to paper trade them.

He couldn't wait for his next meeting with Peter - he was again filled with hope and gratitude for the time Peter was spending with him, and he vowed that once he was a profitable trader, he would help others succeed in the market.

His new trading life was about to begin...

To Your Trading Success,

Tony Spann and the Team

Stock Trading Review is dedicated to helping you succeed as a trader by sharing with you simple and easy to follow tips and techniques.

Join our FREE "Stock Trading Review" NewsLetter http://www.stocktradingreview.com/stock-trading-newsletter.html to get your hands on some real world "insider" stock trading tips and techniques and access to our exclusive "Members Only" Free Stock Trading System.

You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated.

Discover more insider secrets and the exact proven strategies to trade stocks profitably: http://www.stocktradingreview.com

Stock trading tips you can use today

2011-01-02T18:13:00.000-08:00

In this issue:
or Trading to make money vs. being right

or Stop loss orders: more than just taking a loss

or How to properly use moving averages

or How to choose which stocks to trade

? Trading to make money vs. trading to be right.

One of the most common problems new traders' face is truly understanding the fact that losses are a part of the business. Trades that don't make money are as inevitable as needing air to breath. Here is the key new traders fail to grasp that:

To losing trade isn't necessarily a bad trade. Trades entered based on a well thought out and written trading plan are good trades, no matter the outcome. Often we on our trading floor traders ask "what Would you make the same trade again?" after they exit to trade that was not profitable. If the answer comes back yes we know the trader is on the right track.

To trader who can answer yes to this question is to make money trading. They understand this is just one trade of maybe hundreds they will make this month. A trader who has attained this important mindset will move effortlessly from one to the next trade. Ask yourself if that is how you react from trade to trade.

The trader who gets frustrated and yells at the screen or keyboard is trading with his ego pounds. He is to prove his brilliant analysis correct trading.
The easiest way to monitor if you are trading to be right: pay attention to how you exit at trade losing flawlessly. If you hesitate at all, you have some mental work to do.

Another important question to ask yourself while in a trade: "If I did not have this position, would I want it?" If the first answer comes back NO, and you don't get out of the trade, you are trading from your ego.

A trader's maxim: Assess probabilities, put the trade on, let the trade unfold, do what you planned to do.

? Stop loss orders: more than just taking a loss

If I had to put a percentage on the time spent on entry signals vs. time spent on exit techniques, I would say its 90-10 entry signals. Learning how to manage a position properly will ultimately be the reason you take home a check every month. Your ultimate goal is to "make what you should" on your trades. Obviously its not possible to get out at the extreme of a move on a consistent basis, but there are some techniques you should use to maximize profits and minimize losses.

Before we discuss specific stop loss techniques we should cover the proper trader psychology for this topic.
or The stop loss must be a dollar amount you accept before you place the trade. This small distinction will be a huge shift in your thinking about a trade. Once you have "accepted" the risk, this will ensure flawless execution. If a trade moves against you, it will be easy to exit because you have already accepted the dollar amount risk and were comfortable with taking the loss on that amount.

Initial Stop Loss: Risk as defined by your original entry point.

Break Even Stop Loss: When a position moves in your favor, you move the stop loss point from the original spot to your break even area.

Trailing Stop Loss (profit taking): Used to protect significant profits on a winning position. Objective is to lock in some profits.

The buy stop and sell stop limit, orders to learn important limit.

or Typically used in place of market orders.

or Intention is to take advantage of liquidity and get price improvement.

o Helps get filled in "fast" market conditions, but cannot get to worse fill (as with a market order) than the limit price entered.

or A buy stop limit order to buy an is placed above the current best offer to sell.

or A sell stop limit is an order to sell below the current bid to buy.

? How to properly use moving averages

Let's keep things simple, we are here to make money. It is very easy to get sucked into the myriad of fancy indicators over and use them. The original use of moving averages by floor traders was not very complex.

There are 20 trading days in an average month. "What Is today's action above or below the average price?" Based on the answer to the question, floor traders would have a bias to the long or short side. It was very simple how it was used; It was not a magic tool.

The last thing you want to be doing when you are trading is thinking too hard, you want to be listening to what the market is telling you. Proper use of moving averages in today's technologically advanced market is to us them as a filter.

Here is the best and most profitable way of using them:

1. As a trend filter. Use it to quickly identifying bias; method should I be long or short. Use it to filter out the noise so that you are not placing too much emphasis on every blip and print. We recommend using a simple 20 period moving average

2. Use it to determine strength of trend. If the 20sma is sideways, there is no bias, don't trade you are guessing. If it has a nice upward or downwards slope, you should be trading aggressively in that direction.

3 Use a second moving average to determine momentum. We teach to use 5sma to determine the momentum on all time frames we monitor. The method a great tool to help hold good trades. If momentum remains above the trend, stick with the trade until you see exhaustion in the move or when the momentum crosses the trend. There are more techniques we teach in the Equity Trader 101 course but you get the idea. Use moving averages as a filter, not as magic points.

? How to choose which stocks to trade

The objective in short term trading is to make a consistent living. Far too many traders decides to trade stocks that are too illiquid or too volatile to manage risk. An illiquid stock is one that does not have sufficient bids and offers to get out of to where you want to easily trade. If you were to place to sell order and it would knock the stock down. 10, it is not liquid. The trading of stocks that are volatile sounds exciting, and would appear to provide the most profit potential. On the surface this sounds great, but remember why you decided to become a professional trader, to pay your bills every month, trading maximum volatility everyday is a quick way to the poor house.

Money making stocks should have two characteristics if they are to be a part of your daily business: liquid enough to manage risk and active enough to provide money making opportunities.

We recommend you pick one of two groups of stocks:

1. To basket of non correlated stock that you trade every day

2. To sector or industry that you learn like the back of our hand. You can find a breakdown of sectors and industries here to get ideas.

If you would like to learn about trading a Keystone Trading Group corporate account, or would like to take to Keystone Trading Concepts class, please contact us here: info@keystonetradinggroup.com

If there any topics you would like to see in future newsletters, please let me know. prenzulli@keystonetradinggroup.com

Have a great and profitable week. http://www.keystonetradinggroup.com

The founders and instructors of Keystone Trading Group have managed to profitable short term trading desk for the last seven years. Our specialty is short term intra day to five day stock trades.

Forex Trading Tips

2011-01-02T02:54:00.000-08:00

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Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it?

This two-part report clearly and simply details essential tips on how to avoid typical pitfalls and start making more money in your forex trading.

Trade pairs, not currencies - Like any relationship, you have to know both sides. Success or failure in forex trading depends upon being right about both currencies and how they impact one another, not just one.

Knowledge is Power - When starting out trading forex online, it is essential that you understand the basics of this market if you want to make the most of your investments.

The main forex influencer is global news and events. For example, say an ECB statement is released on European interest rates which typically will cause a flurry of activity. Most newcomers react violently to news like this and close their positions and subsequently miss out on some of the best trading opportunities by waiting until the market calms down. The potential in the forex market is in the volatility, not in its tranquility.

Unambitious trading - Many new traders will place very tight orders in order to take very small profits. This is not a sustainable approach because although you may be profitable in the short run (if you are lucky), you risk losing in the longer term as you have to recover the difference between the bid and the ask price before you can make any profit and this is much more difficult when you make small trades than when you make larger ones.

Over-cautious trading - Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail forex broker is doomed. As we stated above, you have to give your position a fair chance to demonstrate its ability to produce. If you don't place reasonable stop losses that allow your trade to do so, you will always end up undercutting yourself and losing a small piece of your deposit with every trade.

Independence - If you are new to forex, you will either decide to trade your own money or to have a broker trade it for you. So far, so good. But your risk of losing increases exponentially if you either of these two things:

Interfere with what your broker is doing on your behalf (as his strategy might require a long gestation period);

Seek advice from too many sources - multiple input will only result in multiple losses. Take a position, ride with it and then analyse the outcome - by yourself, for yourself.

Tiny margins - Margin trading is one of the biggest advantages in trading forex as it allows you to trade amounts far larger than the total of your deposits. However, it can also be dangerous to novice traders as it can appeal to the greed factor that destroys many forex traders. The best guideline is to increase your leverage in line with your experience and success.

No strategy - The aim of making money is not a trading strategy. A strategy is your map for how you plan to make money. Your strategy details the approach you are going to take, which currencies you are going to trade and how you will manage your risk. Without a strategy, you may become one of the 90% of new traders that lose their money.

Trading Off-Peak Hours - Professional FX traders, option traders, and hedge funds posses a huge advantage over small retail traders during off-peak hours (between 2200 CET and 1000 CET) as they can hedge their positions and move them around when there is far small trade volume is going through (meaning their risk is smaller). The best advice for trading during off peak hours is simple - don't.

The only way is up/down - When the market is on its way up, the market is on its way up. When the market is going down, the market is going down. That's it. There are many systems which analyse past trends, but none that can accurately predict the future. But if you acknowledge to yourself that all that is happening at any time is that the market is simply moving, you'll be amazed at how hard it is to blame anyone else.

Trade on the news - Most of the really big market moves occur around news time. Trading volume is high and the moves are significant; this means there is no better time to trade than when news is released. This is when the big players adjust their positions and prices change resulting in a serious currency flow.

Exiting Trades - If you place a trade and it's not working out for you, get out. Don't compound your mistake by staying in and hoping for a reversal. If you're in a winning trade, don't talk yourself out of the position because you're bored or want to relieve stress; stress is a natural part of trading; get used to it.

Don't trade too short-term - If you are aiming to make less than 20 points profit, don't undertake the trade. The spread you are trading on will make the odds against you far too high.

Don't be smart - The most successful traders I know keep their trading simple. They don't analyse all day or research historical trends and track web logs and their results are excellent.

Tops and Bottoms - There are no real "bargains" in trading foreign exchange. Trade in the direction the price is going in and you're results will be almost guaranteed to improve.

Ignoring the technicals- Understanding whether the market is over-extended long or short is a key indicator of price action. Spikes occur in the market when it is moving all one way.

Emotional Trading - Without that all-important strategy, you're trades essentially are thoughts only and thoughts are emotions and a very poor foundation for trading. When most of us are upset and emotional, we don't tend to make the wisest decisions. Don't let your emotions sway you.

Confidence - Confidence comes from successful trading. If you lose money early in your trading career it's very difficult to regain it; the trick is not to go off half-cocked; learn the business before you trade. Remember, knowledge is power.

The second and final part of this report clearly and simply details more essential tips on how to avoid the pitfalls and start making more money in your forex trading.

Take it like a man - If you decide to ride a loss, you are simply displaying stupidity and cowardice. It takes guts to accept your loss and wait for tomorrow to try again. Sticking to a bad position ruins lots of traders - permanently. Try to remember that the market often behaves illogically, so don't get commit to any one trade; it's just a trade. One good trade will not make you a trading success; it's ongoing regular performance over months and years that makes a good trader.

Focus - Fantasising about possible profits and then "spending" them before you have realised them is no good. Focus on your current position(s) and place reasonable stop losses at the time you do the trade. Then sit back and enjoy the ride - you have no real control from now on, the market will do what it wants to do.

Don't trust demos - Demo trading often causes new traders to learn bad habits. These bad habits, which can be very dangerous in the long run, come about because you are playing with virtual money. Once you know how your broker's system works, start trading small amounts and only take the risk you can afford to win or lose.

Stick to the strategy - When you make money on a well thought-out strategic trade, don't go and lose half of it next time on a fancy; stick to your strategy and invest profits on the next trade that matches your long-term goals.

Trade today - Most successful day traders are highly focused on what's happening in the short-term, not what may happen over the next month. If you're trading with 40 to 60-point stops focus on what's happening today as the market will probably move too quickly to consider the long-term future. However, the long-term trends are not unimportant; they will not always help you though if you're trading intraday.

The clues are in the details - The bottom line on your account balance doesn't tell the whole story. Consider individual trade details; analyse your losses and the telling losing streaks. Generally, traders that make money without suffering significant daily losses have the best chance of sustaining positive performance in the long term.

Simulated Results - Be very careful and wary about infamous "black box" systems. These so-called trading signal systems do not often explain exactly how the trade signals they generate are produced. Typically, these systems only show their track record of extraordinary results - historical results. Successfully predicting future trade scenarios is altogether more complex. The high-speed algorithmic capabilities of these systems provide significant retrospective trading systems, not ones which will help you trade effectively in the future.

Get to know one cross at a time - Each currency pair is unique, and has a unique way of moving in the marketplace. The forces which cause the pair to move up and down are individual to each cross, so study them and learn from your experience and apply your learning to one cross at a time.

Risk Reward - If you put a 20 point stop and a 50 point profit your chances of winning are probably about 1-3 against you. In fact, given the spread you're trading on, it's more likely to be 1-4. Play the odds the market gives you.

Trading for Wrong Reasons - Don't trade if you are bored, unsure or reacting on a whim. The reason that you are bored in the first place is probably because there is no trade to make in the first place. If you are unsure, it's probably because you can't see the trade to make, so don't make one.

Zen Trading- Even when you have taken a position in the markets, you should try and think as you would if you hadn't taken one. This level of detachment is essential if you want to retain your clarity of mind and avoid succumbing to emotional impulses and therefore increasing the likelihood of incurring losses. To achieve this, you need to cultivate a calm and relaxed outlook. Trade in brief periods of no more than a few hours at a time and accept that once the trade has been made, it's out of your hands.

Determination - Once you have decided to place a trade, stick to it and let it run its course. This means that if your stop loss is close to being triggered, let it trigger. If you move your stop midway through a trade's life, you are more than likely to suffer worse moves against you. Your determination must be show itself when you acknowledge that you got it wrong, so get out.

Short-term Moving Average Crossovers - This is one of the most dangerous trade scenarios for non professional traders. When the short-term moving average crosses the longer-term moving average it only means that the average price in the short run is equal to the average price in the longer run. This is neither a bullish nor bearish indication, so don't fall into the trap of believing it is one.

Stochastic - Another dangerous scenario. When it first signals an exhausted condition that's when the big spike in the "exhausted" currency cross tends to occur. My advice is to buy on the first sign of an overbought cross and then sell on the first sign of an oversold one. This approach means that you'll be with the trend and have successfully identified a positive move that still has some way to go. So if percentage K and percentage D are both crossing 80, then buy! (This is the same on sell side, where you sell at 20).

One cross is all that counts - EURUSD seems to be trading higher, so you buy GBPUSD because it appears not to have moved yet. This is dangerous. Focus on one cross at a time - if EURUSD looks good to you, then just buy EURUSD.

Wrong Broker - A lot of FOREX brokers are in business only to make money from yours. Read forums, blogs and chats around the net to get an unbiased opinion before you choose your broker.

Too bullish - Trading statistics show that 90% of most traders will fail at some point. Being too bullish about your trading aptitude can be fatal to your long-term success. You can always learn more about trading the markets, even if you are currently successful in your trades. Stay modest, and keep your eyes open for new ideas and bad habits you might be falling in to.

Interpret forex news yourself - Learn to read the source documents of forex news and events - don't rely on the interpretations of news media or others.

John Gaines
online trading, currency trading, financial service

A veteran of online trading, John Gaines offers the financial services industry his perspectives and expertise on a variety of trading systems and financial instruments, including forex, CFDs, futures, options and stocks.

Strategy - 3 great ways to improve your sales skills in currency forex trading

2011-01-01T06:05:00.000-08:00

If you operate forex as a beginner, or have done business for some time, but have not been consistent profitable trader, may then be necessary to make a pause in trade and reconsider and revise your forex strategy with the aim of improving trade negotiation skills. There are three factors you need to study.

Develop and "over-study" its trading system

Your trading strategy should involve the use of a defined trading system. The first step in a practical business strategy is to develop or adopt a system of proven trade incorporated to generate relevant signals for entry and exit controls risk management jobs such as loss of starting, stopping at the end of the stop, requirement of riesgo-recompensa losses. There are many commercial systems but generally fall into systems which are capable, a functional purpose, funds and tops, outbreaks trade and trade in the trading pullbacks. But among all these business systems, I wish to highlight tiempo-cotización or price action price analysis that can be very powerful effective marketing systems that can be used. Once you have developed or adopted these systems of negotiation, over-study them. In other words, should be maintained in the study of how to use these systems of negotiation and use commercial systems in a disciplined manner. This is important because any deviation from further trade signals system will work against you. Securely ruin is always supersedes well planned and well thought out action from a proven trading trading system.

Understanding the nature of trade

In currency trading, as in any other business, there are gains and losses. Be consistently profitable means not that there is no loss. There are times when its offices may not pan, but after hitting his stop loss, take trade signals and minimize losses. Understanding this is important because keeps it wisdom so that you are able to manage losses and continue to take trades as they come. In trade, the pressure can gets heating especially when you faced with a series of losing trades. But if you keep your business strategy, losses will be small. When the signal works and moves in a sustained trend, is very common to make much more benefits covering the series of small losses that you may have suffered following strictly to its trading system.

Have a general wealth creation plan

Forex trading activities should only be part of an overall plan for wealth creation. In the forex trading, strategy may use part of their business profits to add to its capital on a monthly basis and also removed some benefits as income or savings to "pay yourself to trade". In other words, you pay yourself as a forex trader with profits, creating a source of income as an incentive for performance. As part of your wealth creation plan you want you can pay up to 20% of the monthly benefits of yourself as your income or assignment. At the same time, spend 10% fo earnings in a different account that will pay for trade related literature, courses, seminars or software will be added in new skills to help you trade more. The balance of 70% of the profits can plough back into your account as supplementary capital.

You have a forex trading strategy allows you to have a global perspective of what you are doing as a Forex trader. Forex trading strategy acts as a simple guide that allows you to grow as a merchant and still maintain a way to leverage the benefits of their trade in a sensible way to develop your career as a professional trader.

Be sure to read the related article "Practice Forex Trading party # 2" of this series to discover how you can apply a good forex trading strategy, avoid the main defects of commercial and begin to earn a steady income trading forex. Click on "practice Forex Trading Online part # 2" to read this item now, or go to http://forex-trading.cashflowpc.biz for more free information.

Road to Internet telephony solutions

2011-01-01T04:21:00.000-08:00

Long distance and international calls do not raise their monthly phone bills already! You can call your friends and enjoy unlimited talktime few pounds! As well, this possible with the advent of the Internet on the traditional PSTN services. Undoubtedly, most recent mode of communication, increases productivity, but with the also provides profitability. Today, as a result, VoIP is quite popular among business and corporate houses. Apart from that, now residential users even are not left behind in making use of the benefits of VoIP solution. The most important aspect to note is that the voice over IP telephony offers solution to call long distance and international calling minimum prices.

At the time that provides Internet, telephony solutions provider of stresses offer good voice quality, reliability, efficient network and security. This solution varies from business to business as depends on type, scale, and the business operations. Over time, the IP solution is becoming an essential solution for calling unlimited calling internationally. By leveraging the best VoIP must possess IP telephony solutions user network, i.e., connection Internet high speed analog telephone adapter (ATA), as well as standard telephone. The device ATA generally is offered by the service provider when the user registers for VoIP. Difference between traditional and newer telephony solution is the transmission of data, voice and video over the single line network, i.e. Internet. Apart from that, IP telephony is based on communication packet-switching technique.

To make use of VoIP telephony, user must be aware of process as its new and gaining momentum. It is very easy and simple method that converts analog signals into digital packets sent on the Internet and IP. Later, in reaching the final of receivers, digital signals are reconverted into analog signals that this recipient can understand the talk of the sender. Therefore, now with her IP telephony solution, allows the user to talk more without having to worry about your telephone bill.

Therefore, when selecting a provider of VoIP solutions, user must verify communication solutions and high-end as voice mail, caller ID service and 3-way Conference. Above all, the wide range of client providers must select provider offering wide range of services wholesale carrier, solution business and reseller program.

To learn more about these solutions, visit: improved PC to phone [http://www.connect2globe.com/pc2-phone-solutions.html], IP - PBX solutions, and many other solutions VoIP quality [http://www.connect2globe.com]

Advantages of VoIP solution for businesses

2011-01-01T02:59:00.000-08:00

VoIP is a great solution for any business. VoIP telephony systems are a vital solution that offers a cost-effective means for worldwide is looking for long-distance costs.

One of the main advantages of changing to a VoIP solution is that it costs significantly less traditional telephone services. If you select the solution VoIP hardware instead, you can install a so-called converter box an ATA (analog telephone adaptor) to be attached to your high-speed internet connection. When you use a solution VoIP hardware, computer will not have to be in order to make and receive calls, while your Internet connection must be active.

If you want to reduce your Bill phone and enjoy the comfort of talking on a normal phone, broadband phone is going to be the cheapest solution for VoIP. The beauty of VoIP technology is perfectly has incorporated a Protocol Internet which allows the phone to be anywhere - it is a perfect solution for companies with remote satellite offices wishing to have a system of uniform phone for all employees, regardless of their location. Therefore, if you're a small business person looking for an affordable and easy solution to your problem communications, this really is a great option. If you are just starting your small business, VoIP phone cards will provide some sort of workaround until you can afford a better system.

No only telecommunications solution that has the flexibility and capacity to ensure the continuity of the business and to keep business running communications in a major disaster - VoIP hosted PBX service. A competent, with the support of the VoIP service provider or reseller VoIP it Department will be able to implement authentication, control access (passwords and firewalls), encryption, an audit log of calls and, if necessary, recording of these calls.

VoIP hosted PBX service is a much better solution for people with lifestyles active compared with expenditure of cell phones, as well as being the perfect solution for mobile employees and those whose jobs require long trip. Offering a costly bass solution for companies to save a lot of money on your long distance bills (standard phone of an Office in an international company invoice can be tens of thousands of dollars, if not more, in a year), VOIP offers features that are not accessible with standard landline telephone service (which is sometimes called "POTS" or ol' telephone service to ' plain) without the addition of expensive, proprietary, hardware and software combinations as units of PBX.

These cut call costs of course are available for companies that implement a fully convergent solution VoIP using IP phones or "soft phone" on your PC or PDA. (Cable broadband access is a viable solution here and access cable costs increased must be compensated by the reduction in your monthly telephone bill). In line with the wisdom of industry and predictions, the following product range of PBX is a VoIP solution with essential RTC ask customers to perform the largest VoIP Hop gateway.

You're sure to find a solution with the ideal combination of cost, features and quality you are looking for. Selecting a business VoIP solution is an important decision. VoIP gateway will provide the solution for a company that wants to make a partial or gradual commitment to new convergent technologies and have the ability to mix and match as necessary traditional and intellectual property to their advantage phone systems.

If you business is looking for the solution more high technology available for modern telephony which is also the most profitable for a period of time only a year, should be considered a VOIP solution to prepare you order of the day and communication systems Enterprise it.

King Roy is the editor of journal of VoIP solutions. Selection of VoIP solutions for Home or Business. VoIP Business Solutions, resources, articles, tips and support providers to select a VoIP solution, today!

Solution sales with integrity

2011-01-01T01:02:00.000-08:00

The mantra of selling solutions has taken business software by storm and no place is more frequent than the CRM. Honestly, seems more complicated and difficult is selling in specific areas of CRM, the solution to sell has been invoked. This new religion of selling solutions are truly transforming some companies far from being purely focused product to problem-centered in broken business processes of their customers first. The most positive aspect of the solution sales permeates the CRM community of best is that is beginning to make a difference.

These best of breed vendors who are walking solutions also speak has generated a side really nobody is talking about when it comes to selling solutions benefit and that benefit is integrity. Surprising that sounds to seems not enough companies really stop and think integrity give themselves long-term consequences the tag of being a "vendor solution" without gaining it. In fact it is so easy for a company to claim are "customer focused", as it is illustrated in the settlement of sales without being either.

What is disturbing and problematic is that many vendors CRM, problems with thinning pipelines on one side and competitors worldwide SaaS by turning off their heels including salesforce.com in the low-end and mid-range market by another, jump to solutions without thinking about how build integrity in the sales process. The conclusion is the solution sales for agitated CRM vendors today like long "Hail Mary" pass in football is often produced in the final seconds of a medium or game, hoping someone in your team will come to an agreement signed in the end zone. One of the many problems with view sale as "quick fix" solution to the main problems is that it presents only like this with potential clients and customers alike. The proof is provided in execution, not on the landing operation.

To get the best results of selling solutions companies are making these tasks not only to begin to do, but with much attention and effort behind them to make their reliable solutions and in the heart of sale with integrity solution is winning the trust:

or planes filled with products you can WebEx today showing the integration. Secure company signal is to sell with integrity solution when they are reality-based work plans. All applications, whether licensed or hosted, can demonstrated on WebEx and integrated systems with may also be anywhere on the planet, at any time, from a simple window of WebEx. That is impressive, has the sale of the solution and is doing many companies practising this trustworthy. Finally, the prospects say to themselves, a provider who "gets" and shows me what is sending. Not to delay the point, but they must comply with appointment of Steve Job "real artists ship", recalling his staff that offers work products on time is as important as innovation and killer designs.

or sales solution is not an excuse for jack honorary service 10 X or higher license costs. There are software companies that announce solutions selling as its basic approach with much fanfare only to surprise customers and prospects with a renewed pricing model that takes the costs of services on the roof. Rather than focus on selling more services with a tag in the same sales solution, try to offer more services in the same proportion of licensing services, gaining confidence in the process. The conclusion is doing this you will have way to stay ahead of competitors that watch the solution sales as a strategy for the unit sizes of agreement.

or sales composition change plans to reflect the sales on only flip offers long-term solutions. This is by far the most difficult step for many companies to take because it directly affects the income in the short term, but its necessary to give the opportunity sales representatives to delve into account and look for problems solved rather than just the next sale required license. Review bonus plans to reward the annuity revenue from a solution sequence also resolves an issue with significant sales management which is turnover.

or quitting smoking dating back to their customers and marry them. There is a big difference here as one is transitory and the other is long term (except in Nevada), one focuses on view what works with little investment, and the other is a complete investment.

or make a contribution strategy means more than just cost from clipping. The best solutions sold end as strategies to continuously create value for customers. If there is a thread of practices better in all this, is this: selling solutions that create value is what it really is. Without a doubt, the software gets sold just sales, service management, call center and even Cruz-canal coordination operations workforce automation. But none of these applications imports in the long term in any company until you reach the condition of strategy and create value in the form of measured results.

Conclusion: solution sales starts when you find a way to become critical customers plans, strategies, plans, and future. Look for these markets miles and populate its CRM system with them, and can be truly sell solutions with integrity.

[http://www.lwcresearch.com]

Problems vs. Solutions

2010-12-31T23:59:00.000-08:00

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No, that is not the way problems and solutions relate to each other. Problems and solutions do not work against each other, they work with each other. There is no taking of sides because they are within each other, which at times might seem impossible.

The statement that every problem is born with its solution has been said in many ways over the centuries by some wise people. One of the most common quotes is, "A problem simply cannot exist unless the solution for it exists at the say time". The street slang translation of this is, you got problem than you got solution. When you think of problems and solutions, think of the yin/yang symbol with that little dot of yin within yang and the little dot of yang within yin.

That being said, problem solving should be a simple thing to do. But, as you know that is not always the case. Finding your solution is often overshadowed by your think, think, think conscious mind. Combine experiences held in your subconscious with your logical thinking, and you can come up with dozens of reasions for not being able to see your solution. You also might be thinking so hard about your problem that you simply have no energy left to look for a solution.

Sometimes the solution is a path that leads to a lesson that will help in your life's journey. Sometimes the search for a solution takes you into the unknown. Deepak Chopra has said that the unknown is full of potential. To get that lesson or potential you first have to shift your focus from the problem to the solution. When you are focused on the problem, blinders block your view of the solution. How many times have you or someone you know talked about a problem, but never mentioned the word solution? In the course of your typical work day how many times do you hear the word problem, or words that imply a problem? How many times in that same period do your hear the words solution or answer?

Have you ever let your dog off his lease, looked away for just a minute to do something, and then when you look back he is gone? You stand there calling and calling your dog's name until finally you just give up and turn around. At that point you see your dog sitting patiently, and no doubt wondering why it took you so long to turn around. When you turn around and shift your attention away from the problem, sometimes the solution is right there in front of you.

Meditation and Japanese styles of Usui Reiki help you to learn to shift your focus from energy draining problems, to a state where you can see solutions. The way in which Reiki looks at well-being as opposed to the illness is a good example of overlooking the problem in order to see the solution. Medical professionals focus on the illness so that they can diagnose and prescribe treatments. Reiki professionals trust in universal wisdom and focus on the health and happiness of the life form that they intend to move into the state of well-being. Hippocrates said, "The physician treats, but nature heals"; nature looks at the vitality of health, not the disease.

When you are looking to find a solution there is an air of harmony, instead of the disharmony created by your view of the problem. When you focus on finding a solution the problem becomes out-of-focus, and that fight or flight response often created by problems melts away. An example of the problem going out of focus when you look beyond was shown in the movie Patch Adams. Patch was shown that when you focus on 4 fingers you see 4 fingers, but when you allow your focus to go beyond those fingers you see more.

In my article "'Universal Key to Happiness', on this site, I write about when working in what was once called a mental institution I became locked in a hall in an abandoned section of that building. The problem was innocently created when I followed my curiosity and the habit of closing doors behind me. Nevertheless, it was a problem that when focused on created several negative images in my mind. I learned that day that some doors only open from the outside, and was reminded that answers do exist if we look beyond our problems. It just happened to be the day that maintenance people were working on a section of an attached building. One man just happened to be someone who was willing to take the time to listen to me calling out the window, and then find someone with a key to one of the locked doors.

Focus is an important thing. If I had kept me focus on the light fading in that hall with all exit doors locked, I would have spent a long cold dark night alone in that hall. Looking out the window for my solution allowed me to see the men packing their tools in their truck on the ground below that window. One of those men was my solution.

Sometimes the solution is easy, but cannot be seen because your focus is fixed on the symptoms or side-effects of a problem. When this happens and you cannot even see the problem, and you have no idea of what to look beyond to see the solution. Have you ever focused so strongly on the symptoms or side-effects of a problem that you never actually recognize the problem? Before you can allow yourself to open up and look beyond the problem you must first recognize the problem.

Once you know your problem, then one-focus meditation or a guided meditation can help you to uncover the solution. Being in altered state of mind can even help you recognize the problem if you are too focused on the side-effects of the problem. Going into meditation, or joining with the light if you have completed a level in a style of Usui Reiki, allows you to be in a different state of consciousness. Albert Einstein said, "No problem can be solved from the same level of consciousness that created it". Have you ever turned your house upside down looking for something, but found it only when you turned your attention to something else?

I have been giving guided meditations in both my meditation and Reiki classes since 2002. They always vary with the class and the students within the class, but I had been asked over and over for recordings of them. When I looked at recording my guided meditations problems immediately flooded my mind. Then one day I said to the students asking, you tell me how and I'll do it. When I said that, I was looking beyond the problem and the answer to the first step came immediately from one of those students. Once I had the first step in my solution everything else fell into place. Finding a solution to any challenge requires that you first look beyond the challenge, regardless of its size.

The solution does not have to be for more material things, careers, or relationships. It can be the solution to not having the time to write that letter to a relative or friend. The solution to a room that seems drab can be as simple as bringing in a lamp from another room or adding a pillow to the chair of sofa. Nevertheless, even simple solutions cannot be seen if your mind is filled with too many thoughts. When you go into the stillness between your thoughts and focus on the solution, it is the friendly solution you will see and not the disagreeable problem.

Regardless of what one-foucs or guided meditation you try, you might not find the solution for world peace, but you can find the solution for peace in your corner of the world. Wouldn't the entire world be an even nicer place to live if everyone was focusing on solutions and not problems in their corner of the world?

The next time you are faced with a problem of any size, stop before reacting. Stop, take a deep breath, let go of worries, look beyond the problem and once you see the solution then act based on the solution rather then reacting based on the problem.

Through Usui Reiki Ryoho, meditation, and herbs Roberta R. Barnes is dedicated to the art of well-being. Roberta has reached the highest level in both Western and Japanese styles of Usui Reiki. Her focus is teaching and practicing Gendai Reikiho & Komyo Reiki, and meditation. At the request of students Robeta Barnes had recorded 2 of her guided meditations on an easy-to-use CD. These meditations not only relax your mind, but take you on a journey to find your solutions that have not been able to see. Roberta is also an Herbalist Consultant. She will travel to give talks on Reiki and herbs, and to teach Gendai Reikiho or Komyo Reiki. Her healing room Natural Healing & Learning Center is nestled in the tress in a certified wildlife habitat in Maine, USA. For additional information please visit her website http://www.naturalhealinglearning.com

Various types of water solutions used in chemical laboratories and industries

2010-12-31T22:06:00.000-08:00

There are different types of water solutions used intensively in industries and chemical laboratories and many companies provide them to other companies who need them. Happens every type of solution may vary in concentration and strength and different industries may require for different types of such mixtures. It is therefore imperative to communicate with your provider to discuss your specific needs. These chemical solutions range of reagents in aqueous solutions, solutions indicator, each of which has different uses and different properties.

Perhaps one of the most widely used chemical solutions is buffer solutions. At the same time, are more natural solutions in nature. Did you know that the blood and sea water are some of the best examples? Buffers are mixtures of a weak acid and its salt or a weak alkaline and its salt. An example is a mixture of sodium acetate and acetic acid. Buffer solutions are vital in the range of pH control system where they are present. This pH control is important in many industrial applications that include the manufacture of chemical products. Processes involving the biochemical reactions, a limited pH range keeps such reactions to normal, while too much acidity or alkalinity may slow or stop the chemical reactions. Therefore, buffer solutions are important in the process of fermentation and pH measurement.

Another type of aqueous solution is also known as acid - base indicator solution, indicator. These are really weak acid or weak-based solutions and are used to determine if a solution is acidic or alkaline. However, most of the indicators works only within a particular range of pH. Common indicator solutions include blue, Orange Thymol methyl, bromthymol blue, phenolphthalein and bromophenol blue. These solutions are basically used in analytical chemistry when needed valuations, during which a color change may indicate acidity or alkalinity.

Standard solutions are another type of solutions lab used in ratings. The importance of these solutions comes from its particular concentration, which is basically ideal in the presence of a substance or solute in a solution appropriate. Standard solutions are expressed in its normality or place. Substances used include acids such as acetic acid, sulphuric acid and hydrochloric acid aqueous; bases and potassium hydroxide; sodium hydroxide and salts such as ammonium sulphate, calcium chloride, and potassium chloride. Since the standard solution has a known quantity of a substance, this can be used to determine the precise amount of another substance for chemical analysis. For example, if you have a solution whose concentration must determine sodium hydroxide, you can use a standard solution of hydrochloric acid. Calculating the amount necessary to neutralize the solution, then HCI, calculate the amount of NaOH.

Aqueous solutions also include percentage, solutions that are more understandable for people with little knowledge in chemistry molar solutions. A solution from percentage may refer to the proportion of the mass of solute to the mass of solvent. However, there may be differences. For example, percentage may mean proportion of volume or in some cases, volume mass proportion of volume. However, using the volume not can produce accurate measurements in thermodynamics, from the volume with the temperature and pressure changes. In any case, percentage solutions are used to determine the amount of solute present in the solution. This is important during chemical analysis and calculations.

There are also conductivity standard solutions manufactured by enterprises of water for their own use or for the use of other companies. Conductivity standards are important in pure water quality tests involving a test to determine the electrical conductivity of water. Such standard conductivity solutions contain chloride potassium (KCI). Since the objective of any analytical measurement is accurate, standardized solutions are considered necessary in the preparation and testing of chemicals.

Jo is the author and editor for ' el-water-Company. com', a supplier of water quality stationed UK established for more than thirty years, serving products such as deionized water and demineralized water to a wide variety of consumers in United Kingdom, Europe and worldwide. If you have a good quality water solutions, then you must withdraw water-company.com.

Get smarter with Mobile Solutions based on

2010-12-31T20:08:00.000-08:00

Life has changed due to the introduction of various technologies and their applications. First, is that the teams who invaded the lives of people and now is the turn of the wireless or commonly known as mobile solutions-based to conquer the world. These mobile solutions are easy to install and use.

Based on mobile solutions are very easy to use and offer fast connectivity solutions for computer based. In fact, these mobile solutions are being preferred over a decade old solutions based on web and services due to their better understanding, compatibility and durability. However, solutions-based mobile are connected to the web and are provided directly to your phone by your service provider. Therefore, these solutions consist of content management systems custom design Web site, web hosting, name domain, payment integration, database, development registration devices corto-código and custom applications web-based web applications. With so many services why not anyone go to them? Indeed, with the provision of such services, many companies have made huge profits, as the owner of the company is constantly in the events that are taking place in your business contact. Thanks to the discovery of solutions based on mobile.

While you should be aware of web hosting services, there are many owners of General or business people who are not yet aware of the advantages and benefits of web-based applications. Constitutes the core experience in various important web as PHP, MySQL, Java, .NET and Flash technologies. All these applications are ideally created a solution that perfectly adapts to any business for optimized more results. In any case, in addition to these services, shopping cart, database integration also allows business person to accept, so it can execute orders on time and without any problems. You can even use invoices and accept payments through Mobile-based solutions. Therefore, if you are still using tools that have passed, then for those applications and development tools is a good move for a future better. Other things that are ideal for the implementation of these solutions are short codes. These codes are numbers five digits that are provided by the operators of mobile telephony. These can be very helpful and can deliver desired results when used in various sectors such as media houses, advertising agencies, the stations of radio, television channels, companies in online marketing.

In fact, mobile solutions are widely used for campaigns, products and also arrange competitions. However, these codes are used to measure various parameters, including numbers, time, and its effectiveness in the product. Its greatest benefit includes high mobile penetration used for advertising or campaign. However, these Mobile-based solutions are widely used to reduce inequalities for the improvement of communications between the user and the provider. Other solutions which helps to raise the business is bar coding, search engine optimization service mobile marketing and short messages. All these applications and tools, if you are involved in industries such as aviation, cars, pharmaceuticals, medical, telecommunications, consumer goods and financial sectors, then opting for intelligent applications is a good choice. These applications include mobile product development and testing services, follow-up of logistics, management of fleets, counterfeiting and inventory tracking and verification processes. Therefore no longer expect and deploy Mobile-based solutions without problems.

Amit Bhalla is a web-based specialist. Gives advice on solutions and web-based promotions. If you want to know more about solutions, based on mobile solutions, custom web site, and web-based solution can be visited in www.scitl.com

Antibiotics and resources of flu - a new solution for medicine cabinet clutter

2010-12-31T18:46:00.000-08:00

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This is the promise that the New Silver Solution is now bringing to the world. Frankly, I'm a little sick of everyone telling me how dangerous the world has become to our health - we hear that dangerous bacteria and viruses are mutating beyond the ability of antibiotics to kill them. Yes, I am a little sick of it and took it upon myself to research a proven, patented product that would deliver on its promise.

No one has to remind me that our water is tainted with contaminants; the air we breathe contains harmful pollutants; the latest influenza strain may create a world pandemic; diseases we thought had been mostly contained or eradicated have reappeared in a more dangerous antibiotic-resistant form.

The New Silver Solution is a prophylactic - a preventative; an immune-system enhancer. It stands apart from the multitude of other silver products on the market today. It gives people an effective alternative to traditional over the counter products in treating or preventing many types of common ailments.

The New Silver Solution is 'not' one of those 'colloidal silver' products that litter so many supplement stores. You know them; the bottles of purified water with lots and lots of ionic silver, and/or silver salts; Sometimes sold as a silver nitrate in a gelatin matrix.

Many of those products may have a yellow tinge to them and some are even brewed in home-made electrolytic devices. Needless to say, product quality and effectiveness vary dramatically from bottle to bottle and person to person and are not recommended. Results have been hit or miss at best.

In fact, some of these products have tainted the claims of the 'real' patented New Silver Solution - tested numerous times by the top testing laboratories in the United States - making it harder for American Biotech Labs to differentiate it from all the other 'pretenders' out there.

Colloidal silver products have been known for hundreds of years. People have known that colloidal silver products and even silver metal itself possess powerful antiseptic, disinfectant and germicidal properties and as such may offer help to our immune system in fighting against body invaders.

Only the New Silver Solution contains laser-engineered nano-sized particles of metallic silver dispersed in a matrix of 99.99% purified water. The proprietary method and technology used to manufacture such tiny nano-particles as well as the product itself has been fully patented by the US Government Patent Office and issued to American Biotech Labs in Utah.

The New Silver Solution is clear, odorless, practically tasteless and most importantly, standardized from one bottle to the next through the strict manufacturing process it goes through.

The New Silver Solution in 10ppm and 14ppm has been tested against hundreds and hundreds of common and dangerous pathogens and has proven itself able to kill every dangerous pathogen and bacteria it has been tested against quickly and efficiently for the past 6 years.

These include Anthrax Spores, HIV, Malaria, and all of the 'so-called' super bugs prevalent in hospital settings (MRSA) to name but a few. The New Silver Solution has successfully killed every one in a short period of time.

The New Silver Solution is fast-acting and is safe enough that even a small child can drink down a whole bottle with no adverse effects at all. It is totally safe. The EPA has given the New Silver Solution a very safe rating. In fact, it is estimated that it would take nearly 5,000 gallons of it to kill an adult (I suppose cause of death would be 'drowning').

It is most commonly used to treat wounds, cuts, abrasions, and baby rashes. It can be ingested or gargled for strep throats and is used as a mouthwash. The New Silver Solution is often used as a mouth rinse in some dentists' offices to prevent plaque build-up. The shelf life of the New Silver Solution is conservatively estimated to be more than 10 years.

Researchers and doctors are finding more and more uses for the New Silver Solution and their reports are being compiled by the FDA. Some fear that the product will harm or kill the good bacteria in the digestive tract if consumed orally. Extensive testing by the EPA indicates that it is harmless to good intestinal bacteria. It kills only harmful bacteria and pathogens in the human body. To be considered harmful, the EPA estimates that one would have to ingest 5000 gallons at one sitting.

In a dramatic and unexpected turn of events in Africa, the 10 ppm product eliminated Malaria from children who were on their deathbeds in 10 days! Malaria kills hundreds of thousands of people each and every year and to date, nothing had been found to defeat and kill it. - until now. The Silver Solution is now being used in clinical studies in Africa and reports are extremely positive.

Health insurance will not cover the cost of the New Silver Solution. That's a shame since I and my family use it every day for a whole variety of everyday uses - strep-throats, cuts, abrasions, food poisoning, infections, fungi and whatever else comes up.

Over-the-counter flu remedies have recently been found to be unsafe for children by the FDA and are being removed from store shelves. I've always thought they were way too expensive anyway and my family and I will not miss them. The FDA tells us now that most remedies sold over the counter for colds and flus are useless and treat only symptoms of illnesses with questionable ingredients. Parents, on the other hand have learned over the years to trust the products that have been banned.

What parents may not realize however,is that drugging a child with ingredients to stop them from crying or complaining or to help them sleep is not a very safe way to help them and may in fact contribute to peripheral problems in school or the ability to concentrate on single tasks for long periods of time.

No doubt you've also heard or read of the many many cases of MRSA bacteria evolving to become resistant to antibiotics. Because silver has a different 'kill' mechanism than antibiotics, there doesn't seem to be a way that bacteria can adapt and evolve to become resistant to it. I recommend you learn more about the New Silver Solution because there may come a time when you will need it badly.

Researchers and doctors are finding more and more uses for the New Silver Solution and their reports are being compiled as I write this. But will it harm the good bacteria in my digestive tract if I drink it? No, it won't. It kills only the harmful bacteria. The good bacteria in your gut are unharmed and even strengthened. In a dramatic and unexpected demonstration of its effectiveness in Africa, the 10 ppm product eliminated Malaria from children who were on their deathbeds! The 10ppm New Silver Solution is even powerful enough to eliminate Anthrax Spores from hard surfaces.

Can anyone benefit from New Silver Solution? Yes. It can be used safely with any prescribed medicine from your doctor without adverse effects.

The New Silver Solution can help with so many of our day-to-day ailments while protecting us from coming down with common colds and flus, that perhaps it should be the primary item in our emergency kits that we assemble.

Should you replace all of your antibiotics with the New Silver Solution? Probably not. At least not all at once. You would be wise to ask your doctor to learn more about it and perhaps try it with his/her knowledge.

Bruce Santucci lives and works in Central Florida. For more information on the New Silver Solution - visit his website at New Silver Solution

CRM Solutions Providers

2010-12-31T16:58:00.000-08:00

CRM solution providers are companies and individuals that provide solutions to build a good and profitable customer relationship. CRM is the abbreviation for Customer Relationship Management. In today's world, the CRM has become a landmark in the strategies of enterprises. Assists in the construction of new business that will not only improve the customer relationship strategies and but also to improve the prospects for business in general. Today, CRM is equally important to organisations large, small and medium-sized enterprises.

Increase in the demand for customer relationship management (CRM) has led to the popularity of CRM solutions providers. Vendors of CRM solutions generally fall into two - internal CRM solutions providers and hosted CRM solutions providers.

Internal CRM solutions providers are also known as custom CRM solution providers and providers of on-demand solutions. Generally, internal CRM solutions providers give solutions to meet the specific needs of a company or a client. Dan solutions business for all types and sizes of enterprises. Depending on the size of the enterprise or organisation, internal CRM solutions providers usually take three to twelve months for the full implementation of its programme. Internal CRM solutions providers have many additional advantages compared with hosted solutions providers. Internal CRM solutions providers usually have an intimate knowledge of systems inherited in the organization. Therefore, your programs are easy to install and maintain. Generally, internal CRM solution providers will provide solutions for sales, marketing and other services. Internal CRM solutions providers are more expensive in comparison with hosted CRM solutions providers. For example, an internal CRM solutions provider charged around $ 2,000 to $3,500 for a service business.

Outsourced CMR solution providers better known as they are hosted CRM solutions providers. This type of CRM solution providers simplifies the process of comprehensive management and therefore reduces the risk and increases the value of the companies. Hosted CRM solutions providers have solutions for sales, marketing and other important services.

When compared with internal CRM solution providers, hosted CRM solution providers are more profitable. Hosted CRM solutions providers typically cost around $ 70 per month for a midsize business organisation. Therefore, widely used by small organizations and medium-sized enterprises.

CRM solutions provides detailed information on solutions for CRM, CRM Business Solutions, CRM Call Center solutions, CRM software and much more. CRM solutions is affiliated with Live customer [http://www.i-CustomerSupport.com].

Choosing the right Web site solution

2010-12-31T15:06:00.000-08:00

It can be a very difficult to choose the right or hosting Web site solutions especially with the availability of many variations available web services now decision. Without the appropriate advice, it can be very difficult to navigate the information mine field. We have many places online that have the ability to review your needs and propose the best solutions that best suit your business or company. You can get good advice on a variety of strategies that fit your specific budget Web.

The website is very essential to your business, if you have a shop online in order to attract customers or run any other business from, your provider of website solutions must be a source of support for all their needs online and also be a good partner for you.

Therefore, the choice of the right Web site solutions makes the difference!

Suppose your preference is to have a personal Web package solution, and then you can follow these points.

It is not a trivia task if you are running a personal page successfully today. It is essential that initially presents a brand design to make it easy for visitors to relate what is your site. It is then necessary to develop relevant content for your Web site in order to build its market while implementing incentives that are interactive to keep growth. Then it is vital to ensure its content valuable and important to keep its singularity.

There are several sites on the Internet that offers packages for people that are on the look out for a personal Web site

This type of package helps to provide solutions for the operation of the general website as

1. Presentation of the website and brand design

2 Big easy tools and content that are relevant to your Web site publication.

3. SEO tools built in.

4. Content control tools can access securely.

5 Relationship management (CRM) tools, and user accounts

6. The complete email services

7 Research and Web site traffic audit

8. Analysis of data and full reports

9. The tools back office productivity

10 Free and honest backups are automated

11. In real time, dedicated, support staff and 24

There are many people who have spent thousands of dollars on the Web site that has not worked to end content management systems and solutions. Therefore, as a result of too much cost, tend to hire new specialized technical personnel. Finally, the system had not done what you need to do or was difficult to use or never

do you want to use it?

So in this case, you should find sites that provides all the tools necessary to be in complete control of your Web site. Either Web site of the company, your personal Web site or the Organization's Web site, must offer you good governance contained for productivity, which in turn provides control over content, Exchange applications

privacy, all documents and allows you to optimize your processes along with critical and timely business decisions and business operations. The most important

make sure you get everything what your budget.

The site must contain all the required software and databases to help you develop a good website solution.

You prefer to choose a business Web site solutions package, you must follow these points.

A Web site is designed for the audience to boost productivity and offer products and services target. It could be several things as some web pages containing web pages with relevant content to your website and complete applications system designed for the benefit unit.

There are many business website solutions that address these concerns online and helps keep your current site. Suppose you have a business small size you need a Web site for other challenges business solution, and must then find a site solution website business that suits your needs.

Find packages that provide solutions for the operation of your website business that are similar to the previous standard given personal Web package solutions together with

management system of invoice, email broadcast tools and expenditure management system.

In order to keep the business running website, need not be a virtuoso of the technology. Just find a website that offers a variety of option template in order to help get your site online solutions provider. Templates should be customizable and easy to use. Only search providers that can offer something extra is not a place to park your Web site.

Make sure that your provider of website solutions provides basic web services as the development of applications, web marketing, design, great business logos and portals of

business or B2B sites. Another useful feature is the SEO. Ensure that the provider gives statistics tools. These tools can help you monitor the performance of your Web site and find the source from which the visitors come and in what time your site is most active.

Only take into account the reliability of treating your customers. It is very important to choose a Web site that offers great customer service solution.

In order to succeed on the web, it is not only essential to choosing the right Web site solution, but also to deal with two different types of audiences. The first hearing is the surfer, potential customer or a buyer web window. If you get the customer loyalty, you can go very far. Could take years to establish trust between the

customers for only a minute to lose it.

Choosing the right Web site solution is a major problem and a very difficult task because it is very difficult to know what you are paying on a host without having any prior

experience with them. Also when arises a problem is no one to help you if it lacks proper customer service. Only search for solutions that are fully managed and supported. Make sure that they understand the importance of ensuring their presence online and that solution website, therefore, should be seriously considered.

Visit GenericArticles for more news on this topic and other topics. You can also earn money by publishing articles in GenericArticles. Read the Faq page.

Hemant Gupta, the author of this article is currently working as a freelance and produced a series of creative articles for many websites. If you are interested in obtaining content for your website or on any topic, you can always contact the author using the contact form available at http://www.GenericArticles.com

What you need to know about How Will Help You and proactive acne solutions

2010-12-31T13:41:00.000-08:00

It is one of the worst nightmare of the adolescent and gets even in the 1930s and 1940s. The dreaded acne problem. And since there is no problem of acne, people also continuously developed ways to get rid of them. While the old doctor applies yet, who says "an ounce of prevention is better than cure".

What you need to know about How Will Help You and proactive acne solutions

Currently, there is a wide range of acne solutions. Ranging from topical treatments such as ointments and creams for laser surgery. Everyone has their preference on acne solutions.

Today may however be talking proactive acne solution and how can assist it with your acne problems.

Proactive acne solution have invaded the market as teenagers rush to find solutions to save your expensive juveniles of breakouts acne and chemicals. Proactive acne solution is actually a skin that helps in the eradication of breakouts acne in order to return to that clear and youthful skin care system.

More proactive solutions were modeled after a solution against acne, discovered by two dermatologists, Katie Rodan and Kathy, fields a few years ago. Both claimed that proactive acne solution was a potent formula developed for healing of existing stains and prevent new exiting.

However, a proactive solution does not work by itself and promote a dramatic healing process. A combined treatment is necessary to actively manage the treatment and prevention of acne.

This proactive acne solution is actually a chemically-combination of peroxide benzoyl, sulphur and other elements as its special formulation that acts by exfoliate the skin dead cells and attacking the bacteria that causes acne presentation of skin pores in order to limit inflammation. This proactive acne solution can apply to the entire surface or in an area prone to Acne without side effects seen with many dermatologists.

As a result, a proactive acne solution has no side effects observed or reaction adverse, making it a user-friendly product that will be used for a growing audience that you want a smooth skin free acne. Proactive acne solution typically operates in the skin care regime and apply two or three times a week to purchase desired effect and acne treatment.

However I suggest you make sure to find solutions to their problems of acne side. What I mean is your better do a dermatologist if proactive acne solution is right for you. So schedule your appointment with a dermatologist, talk about proactive acne solutions, and if it sounds still correct, then, go ahead and try it. Hopefully that it will be in the shape of an acne-free skin is.

Have you read my other articles that help you get rid of acne faster than a lawyer confessing their sins to a priest? If not, then visit [http://www.AcneResourceCenter.com]

Location of the original article: proactive acne solution [http://acneresourcecenter.com/what-you-need-to-know-about-proactive-acne-solution]

Essential guide for safe and profitable trade

2010-12-31T13:04:00.000-08:00

The Attraction of Trading

Many seek to succeed in stock and option trading. But the majority loses in their endeavor to reach the success. The game doesn't seem as easy as it might look like. If you ever started trading and got confused of when to place order, when to take profit, how to protect your equity and you toiled with anxiety and hesitation in making decision, then you have come to the right site. Even if you are considering to start joining the trading world as a newbie and learn how to trade well and safe, this book will definitely serve as your fundamental guide in your attempt to develop your trading skills.

Stock and option trading has become a great attraction for decades, but why most traders lose and washed out of market? Emotional and careless trading is one of the most likely answer. Do you feel confident or anxious while place an order? Do you feel delightful or doubtful while close out a trade? Are you strongly elated while gaining profit from a trade and tensely sorrowed while losing from one?

Psychology is the Fundamental Key

Most traders expect to enter a good trade. Once they enter, they lose control by riding an emotional roller coaster and miss the essential factor of winning - emotion management. Their inability to manage their emotion leads them to fatal failures.

Most of the time, traders are strongly influenced by their expectation of gaining high profit while at the same time lost their awareness of the market reality. Market is harsh and shows no pity. If you ignore movements in the market crowds, then you will miss out the chance of making money. To stand as a successful trader you need to keep your focus on reality, recognize the changes and trade based on them, not waste time and energy on regrets and wishful thinking.

Successful traders are hardworking and witty men/women. Ironically, their main goal is not to make money but to trade well. Trying to reach their best performance is far more important than making money. They are so focused on trading well and improving their skill that money no longer influences their emotion.

Traders who are not confidence at themselves always try to fulfill their wishes regardless of market reality. Once you enter a trade, you cannot control the price. Worrying about the price would only paralyse your focus and ability to trade. Stop worrying about where the price goes, but start worrying about what to do when it gets there and plan it ahead. By doing this, your trading is free from emotional response and becomes systematic and stress free.

If you do not plan ahead where are you going, you will end up somewhere you never wanted to be.

Emotional Trading

Your feelings and emotions have a significant impact to your trading success. You may have a fullproff profitable trading system, but if you feel upset, fear, arrogant or doubt while you trade, your account is sure to suffer. While you recognize a gambler's high or fear clouding your mind, stop trading. Your success or failure as a trader highly depends on managing your emotions.

The market does not know you exist. You can do nothing to influence it. You can only control your behavior. This is the same thing as a surfer cannot control the waves but he can control hismself not to be wash out by them.

A trader has to study trends and reversals the way a surfer studies waves. He must start with a small scale while learning to handle the market or precisely - himself. You can never control the market but you can learn to control yourself.

A new trader who has a string of winning trades often feels he can walk on the water. He starts taking wild risk and blow up his account. On the other hand, an amateur who suffers a streak of losses feels so demoralized that he cannot place an order even the obvious signal passes in front of him.

Fear and Greed

An amateur trader that feels elated or frightened cannot effectively use his intellect. When greed overwhelms him off his feet, he will make irrational and reckless trades only to suffer loss. When fear grips him, he will miss the profitable trades.

A professional trader uses his logic and stays calm. He acts accordingly to market reality not based on his own wishes claiming on unrealistic expectation.

The Myth

Most amateurs have a fantasy that in order to succeed they need to be highly educated and supplied with equipped with firsthand information. But the fact is that trading is intellectually quite simple. Good traders are often shrewd, but few of them are intellectual. Many do not have college background, and some even dropped out of high school. What separate winners from losers are neither intelligence nor secrets, and definitely not formal academic education?

Take the Full Responsibility

Successful traders are always aware of their decisions and take full responsible of their actions, while losers tend to blame someone or something for the consequences of their results.

You need to be aware of your tendency to sabotage yourself. Stop blaming your losses on others, situations or bad lucks and take full responsibility for the results. Records all the history of your trading, and learn from the failure. Look for repetitive patterns and make use of it for future benefits.

Plan Your Trade and Trade Your Plan

Planning a trade is the next step after you convince yourself to trade in emotionless manner. Your trades must be based on clearly defined rules. Take a look at the following scheme.

You are looking at a good stock X trading at $30 and you place a buy order at $32. The next thing you must do is making a plan of bad and good scenario.

Your plan could be like the followings. After I enter the trade:

If the price goes down, where should I place my stop loss? How much can I bear to lose?

If the price goes up, how much profit I expect to gain? How do I exit the trade?

If the price goes my favor, should I buy more?

You already have those kinds of questions answered before entering the trade you place at $32. Your trade plan is filled in and you place your stop in $30.

The price goes up beyond your second buy order $37 and your stop is moved up to $35. The price keeps rising and you keep moving up your stop at a safe distance to protect your profit.

Your exit stop is hit at $45, and you sell almost mechanically and gain your profit without hesitation and regrets.

By learning to plan your trade and trade your plan, you know beforehand how to act on every situation that might occur. You will then be trading professionally and not emotionally. You won't be afraid of a loss too big to bear, or a profit too small to gain. Your trading will become systematic and stress-free.

Trading versus Gambling

What if you buy and the market immediately goes down? What if you sell and the market immediately goes up? Even the best traders lose money sometimes in some trades.

The answer is to draw a line between a business risk and a loss. A business risk is a maximum a mount of money you can bear to lose. There is no standard dollar amount as there is no standard business. A smart businessman will only take risks that will not put him out of business even he makes several mistakes in a row.

If a trader risks more than his business risk, he crosses the line that separates trading from gambling. Instead of intellectually and calmly cutting his loss, he emotionally expects for reversal without judging the market realistically. You can surely see this model in casinos and race tracks. To a gambler the whole market is like a big casino. He gets greedy and risk too much on a trade, and short streak of losses wipes him out of market

If you bail out of trade within you business risk, it is normal. There is no bargaining, no waiting, no emotionally hoping for another tick. If you take this concept of business risk, it will change your entire paradigm of trading and your way of money management. This concept give you a distinctive picture between trading and gambling.

Money Management

Money management is a very important tool to ensure survival, to avoid your from being put out of business. Money management helps you gain a steady rate of return as well.

As a guide, 2 percent rule keeps you out of risky trades that can do harm to your account. For example, you have $10,000 in your account, you may only risk up to $200 per trade. If your plan triggers an attractive trade with a $150 risk, then you may only trade one contract. If the risk is only $50, then you can afford to trade two contracts. Even if you want to add up your positions while the market moves in your favor, this rule must be followed as well providing you are at a break-even position and you move up your previous stop. You make sure the additional positions do not exceed 2 percent of your trading equity.

Conclusion

If you keep trading less emotionally and stick to you money management rule, your trading will definitely be stress-free and you can focus on analyzing the market. This report serves as an essential and fundamental guide needed by every trader. In addition to this report, you may want to continue to studying market analysis to improve your trading knowledge. Please refer to http://www.SafeStocktradingSecrets.com/recommend.htm for more information.

Hopefully this simple and basic guide will be useful to you. Wish you a safe and profitable trading. Good luck.

Guide to safe, profitable and stress-free trading
Sincerely,
Joshua Stephanus
http://www.SafeStocktradingSecrets.com
info@SafeStocktradingSecrets.com

Perm gas lens solutions: new rules for the care of the lens

2010-12-31T12:39:00.000-08:00

Now that gas rigid permeable contact (PSI) lenses have been many years of existence, a lot of people has got used to seeing the solution as a mundane task contact lens selection. In the store, only grab the same old bottle of solution "no-frote" and move forward. But not so fast! Did you know that you are changing the rules? Latest contact lenses have begun to use new technologies, to provide materials that are even more secure, more comfortable and more convenient than ever before. These new technologies mean that the same old contact lens solution cannot be the right choice already. Before choosing a bottle of your perm gas lenses contact lenses solution the next time, make sure that understand some recent developments, and how you can determine what lens solution is best for you.

New "No-Rub" - Not All Good solutions

The trend in recent history has been towards the use of "no-frote" solutions. In the early days of contact lenses, care was extremely complicated. Often a carrier of contact lenses had to use three different solutions (separate for disinfection, cleaning and resist deposits) and had to follow a system of care that usually includes a lot of friction, every time you released your contacts. The problem was that, in that such contact lens care a hassle, doctors found that many patients only jumped the care routine and took their chances. That developed new solutions that did everything in a single solution and were not called "-rub". While these "no-frote" solutions are favored these days, it is really bad news for some new lenses. This is due to the fact that many new lenses are made of a revolutionary material called "silicone Hydrogel", which reduces the oxygen supply to the eye. A drawback of silicone Hydrogel is deposits of lipids in silicone Hydrogel lenses tend to be higher, since these deposits are oily and greasy, friction is the best way to get them. Note that if you buy some of the new silicone Hydrogel lenses. Check with your doctor and it is possible that need to stay away from "no-frote" for your convenience solutions. Rubbing can really be good, even if it's a little more than work.

New PH adjustment solution for MgO:

One really great development solutions specifically for gas rigid permeable lenses is the new "single pH" solution of Alcon. Some users of lens in the past have experienced irritation adapt lenses because the pH of the lens is different from the natural pH of their eyes. In response, the new "Single pH" solution was developed by which automatically adjusts your pH to match the pH of the tears of the bearer. In fact, the company offers to pack the lenses in this solution before sending, by what will be soaked in it for a while when the patient gets them. In this way, it will already be ready to adapt to the patient's eyes as soon as they arrive, making a period much smoother adjustment for the patient.

Soon is clear that the choice of lens solutions is no longer as simple. Not only his old solution can cause problems with new technologies, but the choice of the latest solutions can also offer additional benefits do not have the old types of solutions. Instead of knocking yourself out to worry about the best solution for their own needs, the best Council is simply consult with your doctor and determine which solution will prevent problems with their lenses while maximizing the benefits you can get new technologies. Only not grab the same old bottle of "no-frote" solution already. Instead, arm yourself with a little knowledge, make your choices wisely and you'll experience a much better experience with their rigid gas permeable contact lenses.

James Perez is the webmaster of http://www.aa-contact-lenses.com an informative site about contact lenses. Getting more information on gas permeable contact lenses

To perform its success at the E-Business solution

2010-12-31T10:56:00.000-08:00

Once you have decided to enter the scene online business have taken the first step, though the task ahead is not very simple. A renown, the Gartner Group research firm claims that approximately 75% of e-business that start not succeed as a result of planning projects is not adequate and also due to the very high expectations that are not carried out. Benefits who really believe in the planning process not noticed when the e-business solution is put into practice since the governance and implementation plans are not as desired. Governance business is what is at fault in the majority of cases where the implementation of the ebusiness solution fails. Some common errors that you see are inability to understand the project, not to conceive the larger image and expectations that are too high.

Pitfalls in the process of installation of E-business solutions

Taking a case where a large distribution company has taken the decision to use a new technique of a supply chain management online. Those that were actually supposed to run the solution had very little knowledge about the system and does not believe that the new system could succeed. Due to obstacles such as these, took about a year for the company put into practice the new system. The time delay led to cost overruns and the cost incurred was much greater than expected. This is a common problem faced by many companies in the successful implementation of your ebusiness solution.

It may several problems have as people who are really run it really does not believe in it and therefore do not spend enough time to understand the ebusiness solution. Unbeknownst to themselves not be able to transmit orders below appropriate. They are unable to establish any objective and specific objectives. Therefore, they do not make an effort wholeheartedly in the implementation of the new e-business solution and do not expect any major results achieved.

There may also be cases in which related infrastructure it is not sufficient to support the latest e-commerce solution. Due to the lack of understanding and communication appropriated funds and time spent for the implementation of the solution is not suitable. Sometimes, new e-commerce solution formulated would be such that complements the former solution and therefore, if you are not a proper planning, then can result in incompatibility issues.

How to avoid pitfalls

Implementation of e-commerce solutions has a vast impact on the company and therefore adequate planning should be done to the successful implementation of e-commerce solution.

Preparation

E-commerce solution must be prepared after careful planning and taking into account the needs of different user groups. Designed ecommerce software must have answers to questions like:

or the goal of e-commerce solution

or areas of the solution is designed to address along with a great ecommerce web site design.

or is economically viable to implement e-commerce solution?

or the destination solution whose aim at meeting

It is important to have a computer expert or a good website that could address issues related to implementing the solution design company. Resources for the application must allocate and specified deadlines. Experts should consider events taking place at each stage, and should ensure that goals are met from time to time.

Education and training

Education refers to find the appropriate team of experts who would be able to implement the solution successfully. The goals and objectives to achieve should be clearly established and staff must be instructed that they understand that not only the details associated with the solution but also the importance that corresponds to the organization. Assessment should be made from time to time, and progress should be compared with goals to determine whether the objectives are being met.

Application

E-commerce solution should be applied by plans to use resources efficiently and to ensure objectives are met. The Director must evaluate the performance on a regular basis to see the programme goes according to plans. The solution should be evaluated at each stage and must take into account the needs of all groups of users. All groups of users satisfaction is very important for the successful implementation of the solution. Understanding of the technology necessary for the implementation of the solution is very important, if it is necessary to employ the services of a professional to not only save costs but also the effort.

However, one must understand things and therefore to have realistic expectations. E-commerce solution will take time to achieve the desired results and a change during the night could not be expected. A step to step and evaluation plan is needed to ensure its success. To help attract customers ebusiness solutions include business, electronic and similar market portal. Firstly, business must take into account the various factors and determine if there is a requirement of a new business ebusiness solution and that is economically viable to implement it. It would be useful to keep abreast of changes in technology and strategy implemented by the competitor.

The writer specializing in writing about technical issues such as development of custom software, ecommerce, web marketing etc. development offshore software development To learn more, visit offshore software development company.

Help of suicide - many solutions for you

2010-12-31T09:07:00.000-08:00

Suicide is a big mistake. At times, seems to be the only solution to a problem has no solution, but this is only a false belief.

There are always solutions to problems that seem to have no solution, but we cannot see the solutions that exist in our desperation.

First, each person is influenced by the wild side of consciousness, which tries to cause madness in human consciousness. This wild side leaves no one think clearly, discern their mistakes and find solutions to their problems.

Secondly, the human being is too ignorant and lazy. One does not like to think and search solutions, facing obstacles and looking again for others ways a objectives. The human being is prone to easily abandon the battle from the start...

Suicide is a mistake, precisely because it is barbaric and causes too much suffering, while there are always several solutions to our problems, even those that seem impossible to resolve extremely.

Most people commit suicide because they can't see obvious solutions that could have saved his life.

Suicide is a murder and a crime against society, against those who are close to you and your own soul. May an offence be a solution for their despair?

Don't be silly! To decide to die, to consider all possible and impossible solutions you have because sometimes impossible solutions are the only ones that really work. You never know until you test it with all your heart...

Have already decided to die, resign and leave everything and everyone, why won't live in another country? Go live somewhere otherwise, of others, doing other things completely different to those who are doing now!

Don't have money? Do you value? Bless you?... There is a solution to these problems as well. There are many solutions for each problem, many very wise and simple solutions that may be because you're too ignorant, because they have not developed their psychological sphere, which means only a basic psychological function is working on his psyche. The other three you have are dysfunctional. One of them is partially functional, but does not have any significance, since it is no real help.

So ignorant and underdeveloped as you are, it is natural that you will probably have many difficulties trying to find solutions to their problems.

I advice to ask the opinion of many people approaching your doubts, but mainly that to learn how to interpret your dreams by method of Jung to simplified, so you may need guidance that creates our dreams unconscious sage advice. Will become much smarter to learn how to develop your consciousness human undeveloped!

Then you will see how you can easily discover several solutions to their problems even when faced for the first time in his life. The point is that don't know, but how finds the solutions you need.

Forget about suicide and start to learn the interpretation of dreams. It is studying a foreign language. In the beginning is difficult and can not understand anything... But later, you'll feel comfortable. When you learn the basics, loves and it is quite easy.

Not like this solution? Learn something more that will help you too. You have infinite choices. You said on the interpretation of dreams, because it is the best solution I've found and helped me to solve my problems. Someone can give other advice or show you something else...

Begin to talk to people, begin to study what interests you. You will find many solutions for all your problems and later, we'll help others people too, showing them several points which cannot see but do.

Preventing depression and the madness of the scientific method of dream interpretation, discovered by Carl Jung and simplified by Christina Sponias, a writer who continued investigation of Jung the unknown region of the human psychological sphere.

More information at: http://www.scientificdreaminterpretation.com and http://www.booksirecommend.com

Click below to download your copy of the free ebook
Beating depression and madness

Make your own solution sweep

2010-12-31T07:21:00.000-08:00

Wipe solutions are so easy to make and can save you money too! Use them for cleaning hands and faces as well as dirty bottoms messy sticky. Unlike commercial wipes, these recipes don't contain alcohol or chemicals, and they smell good. Use these recipes on cloth wipes or make your own disposable wipes and save even more money! To make disposable wipes, high quality paper towels in half, or leave whole for full-size wipes cut.

Common Cloth Wipe Solution Ingredients:

Many wipe solution recipes contain similar main ingredients, which are used for the same reason in each recipe. These are the common ingredients and why they're included:

Oil: Helps the glide across baby's skin and keeps skin soft wipe
Soap: Cleanses by removing all traces of urine and feces
EO: (Essential Oil) Added for antibacterial and/or aromatherapy purposes.
Water: The main ingredient in each recipe, cleanses the diaper area and dilutes the other ingredients
The type and amounts of oil, soap, EO and water that goes into a recipe is what gives each cloth wipe solution it's own distinct "personality". Have fun trying different recipies until you find the ones that you like best!

How to Use Cloth Wipe Solutions

When mixing solutions it works best to start with oil and end with water. The oil will measuring tools so the soap slips right off your coat. Be sure to add the water slowly or you'll end up with a ton of bubbles! Most of the time it's easiest to gently mix the wipe solution in a bottle with a cover, then pour it into the storage container.

There are many different ways to store and apply wipe solutions to your wipes, try a few of the following ideas to find the one that works best for your family. You may discover that one system works great at home and another works great away from home. Here's some ideas to get you started:

Use a spray bottle to baby's bottom or wipes the spritz. (For baby's comfort we prefer spraying the wipes)
Use a bottle with a pull-up spout (like on bottled-water bottles) to dribble solution onto the wipes.
Warm solution and place in an insulated container to provide warm for baby wipes.
Place the solution into a commercial baby wipes container and dip into the solution wipes.
Place cloth wipes in a commercial baby wipes container and pour over wipes solution wipes.
To commercial baby wipes container can be placed in a warmer to provide cozy warm wipes for baby wipes.
Don't store solution or wet wipes for a long time because they can become musty and the wet wipes may even grow mildew - ewww! Check your solution and wet wipes daily, and smaller batches of solution frequently instead of large batches less often to avoid mustiness mix. We mix fresh solution once a week, store it in a bottled-water bottle, and have not had any problems with mustiness.

Cloth Wipe Solution Recipes

Almond 'n' Chamomile

Steep the tea bags in the hot water then add the oil.

2 chamomile tea bags

2 teaspoons almond oil

2 cups hot water

Anti-Fungal

Omit vinegar if baby has a rash raw.

1/4 cup white vinegar

1 tablespoon calendula oil

A few drops of lavender oil

A few drops of tea tree oil

1/4 cup 100% aloe vera gel

1 cup water

Anti-Fungal Too

Similar to the anti-fungal other recipe, but less vinegar and water.

1 Perejil white vinegar

1 tablespoon calendula oil

A few drops of lavender oil

A few drops of tea tree oil

1/4 cup 100% aloe vera gel

1/2 cup water

Basic Wipe Solution

This basic recipe can be adapted by changing the type of soap or oil.

1/2 cup baby oil

1/2 cup baby wash

2 cups water

Castile Solution

Dr. Bronner's Castile SOAP comes in several yummy scents!

1 tablespoon almond, apricot, or other oil

1 tablespoon Dr Bronner's Liquid Castile Soap

2 drops tea tree oil

1 lavender oil drop

1 cup water

Oferta 'n' Honey

Brew the tea, add honey, and drink any leftovers the!

1 chamomile tea bag

1 honey Perejil

1 cup boiling water

Easy Peasy

Just three simple ingredients...

2 tablespoons oil

2 tablespoons baby wash

1 1/2 cups water

Eight is Great

Similar ingredients as other recipes, but in different amounts.
1/8 cup vegetable oil

1/8 cup baby wash

8 drops of lavender oil

4 drops tea tree oil

2 cups water

Fruit'n ' Veggie

Dr Bronner's soaps can often be found in organic markets.

1 fruit or vegetable-based oil Perejil (apricot, olive, grapeseed, etc)

1 tablespoon vegetable-based soap (like Dr. Bronner's liquid castile)
1 Perejil 100% aloe vera gel

1 cup water

Just One

Just one "something" of each ingredient for this recipe.

1 chamomile tea bag

1 oil Perejil

1 Perejil baby bath or shampoo

1 lavendar oil drop

1 cup hot water

Lavender 'n' Tea Tree

Lavender and Tea Tree are popular OS choices for wipe solutions.

1/8 cup olive oil

1 tablespoon baby shampoo

4 drops tea tree oil

8 drops of lavender oil

3 cups water

Lanolin & Glycerine

Lanolin and glycerine moisturize without oil.

1 tablespoon liquid glycerine

1/4 Perejil lanolin liquid (100% pure)

1 tablespoon baby wash

1-3 drops EO

4 cups water

Lotion Potion

Baby lotion adds more power to this solution softening.

1 tablespoon baby oil

1 tablespoon baby soap

1 tablespoon baby lotion

1 cup water

Magic Baby

Baby Magic products are usually easy to find in local stores.

1/2 cup Magic Baby oil

1/2 cup Magic Baby wash

2 cups water

Not Measuring

Don't measure for this one, just estimate amounts.

2 squirts baby oil

2 squirts baby wash

1 drop EO

1 cup water (about)

Olive 'n' Tea Tree

A great natural wipes solution.

1/4 cup olive oil (extra virgin not necessary)

1/8 cup gentle baby bath

A few drops of tea tree oil

4 cups water

Shampoo Style

Baby shampoo works as well as baby wash.

1 tablespoon baby oil

2 teaspoons baby shampoo

2 1/2 cups water

Soapless

Recipe This relies on the EO to cleanse, instead of using soap.

1-2 drops of tea tree oil

1-2 drops lavender oil

1 cup water

Zany Apricot Solution

One of our favorites, the apricot oil smells heavenly!

1 tablespoon apricot oil

1 tablespoon unscented baby wash

3 cups water

Lavender Zany Solution

Our other favorite, the lavender is calming for us and our are.

1 tablespoon baby oil

1 tablespoon lavender scented baby wash

2-3 drops lavender oil

3 cups water

Amy S. Nogar has been using cloth wipes and wipe solution for over 17 years with her infants and young children. She is the founder of Zany Zebra Designs and encourages parents to slow down to enjoy everyday routines with their children.

Web Based CRM Solutions

2010-12-31T06:21:00.000-08:00

CRM solutions are helping to build a relationship healthy customer business strategies. They have become a milestone in modern business organizations marketing strategies. Previously, CRM solutions were based on architecture client/server. Led to the development of web client-server based ones back draw model CRM Solutions CRM solutions. CRM online solutions are aimed primarily at e-commerce business strategies.

As the World Wide Web serves as the platform on the web based CRM solutions, you need to install software on a single server. The software installed can be accessed from any remote location, and any changes made to the software will be reflected throughout the system. CRM model of client and server solutions do not support remote access or wireless devices. However, web based CRM solutions have facilities for accessing wireless WAP enabled phones and PDA devices.

In a web-based CRM solution, only the central server has to be maintained. Therefore, web-based CRM solutions are very profitable. When compared with CRM solutions client/server, web-based CRM solutions are flexible and easy to maintain. As web-based CRM solutions are based on the Web, you can deploy faster than conventional Solutions CRM and CRM client / server solutions. Furthermore, the addition of new clients in a web-based CRM solution is very easy. The number of users in the web-based CRM solution is unlimited.

Netgain, result, SAP, Clarify, ONYX, trilogy, Oracle, Siebel Systems and Firstwave Technologies, Inc. are some of the leading providers on the web based CRM solutions.

CRM Web Based Solutions

2010-12-31T04:34:00.000-08:00

Web-based CRM solution is an easy and cost-effective way to maintain a healthy relationship with your customer online. It is the latest trend in modern business organizations. With the extensive use of the Internet, enterprise organizations have become more dependent on CRM web-based services.

Customer relationship management, or CRM, is a comprehensive business strategy expected to maximize profitability, revenue, retention, and customer satisfaction. However, Business CRM strategies focus primarily on customer satisfaction only. With the advent of CRM web-based solutions, employers are able to offer support to the client on the Internet, 24 hours a day, seven days a week.

Depending on the needs, CRM web-based solutions can be used by any type of business. For example, specialized CRM web-based solutions are available for profiles of customers, frequently ordered items, systems for automatic replenishment, one-click ordering, and market basket analysis. Web CRM solutions of consistently understand the needs and demands are mostly built.

A CRM web-based solution uses the Web as platform. The software is usually installed on a single server. Therefore, a user from any remote location can access web CRM solutions on the Internet facilities. Any small change in the primary server software will be reflected throughout the system. CRM web-based solutions are cost-effective and easy to maintain. Apart from these, CRM web-based solutions also provide accessibility over wireless devices such as personal digital assistants and WAP enabled phones. Therefore, web CRM had been based solutions all the disadvantages of server, client CRM solutions and its counterpart saturation.

In the past, CRM Web-based solutions were mainly used for medium-sized enterprise organizations. But in recent years, virtually all small and large companies organizations have begun to use facilities based Web CRM solutions.

Call Center Consulting Solutions

2010-12-31T03:16:00.000-08:00

Call centers consulting solutions offer result-oriented solutions to improve the productivity of a business concern. Call centers are customer support departments to ensure customer satisfaction. Apart from the technical assistance of the product, call centers also provide additional services to meet the complete customer strategy. Solutions Consulting call centers provide information resources to equip the client for real-world challenges. Call Center Consulting made a comprehensive solution to improve the strategy work. Consulting solutions provide efficient delivery of results at the time of destination.

Call centers consulting solutions are offered by experienced professionals. They discussed the issue and respond to queries depending on the overall strategy of the concern. Offer sophisticated tools for the comprehensive evaluation of the scene. Call centers consulting solutions provide applications integrating workforce management. Required reports and statistical analysis are incorporated with data integration. Performance optimization is enabled with automated self-service and contact Internet systems. Maintenance appointment scheduling is an integral part of call center, consulting services. Real-time personalized consulting helps solve problems immediately. Solutions regularly are overseen by a group of professionals. They also customized solutions according to feed backs client.

Call centers consulting solutions are tailored to meet different domains of business, such as banking, insurance, health, financial services, travel, technology, telecommunications, pharmaceutical care and retail. Services include general service desk, technical support, conversion data, collections, telesales, transaction processing and other value additions. Call centers consulting solutions are available these days in a round the clock basis. Call center solutions can be voice or web-based database.

Call center solutions provides detailed information on Call Center solutions solutions call center, call center CRM Solutions software solutions call center and much more. Call Center solutions is affiliated with the Outsourcing of Call Centers.

Complete solution of contact - lens one for all the steps or solutions of Multi purpose

2010-12-31T01:59:00.000-08:00

If you are a user of contact lenses, you may have heard about multi purpose or the complete solution of contact lenses. They are one of the elements of the system that is essential to maintain comfortable contact lens care, providing clear vision and, foremost, prevent eye infections.

Contact lens care is extremely important for the health of your eyes. The wrong lens care can lead to irritation in the eyes or, worse still, Mycosis. To prevent infection or eye disease, you must use a cleaning solution daily. This is where a multi-purpose lens solution is very useful.

Used to have several steps in the care of their lenses, but with a solution for all the steps, your contact lens cleaning has become much easier. Gone are the days enjabonar your contacts by rinsing and stored for the night. Todos-pasos solution can help you perform all the steps of cleaning, washing, cleaning and storage.

Use a multipurpose solution, remove your contact lenses, and put it in the Palm of your hand. Apply a few drops of solution and rub for several seconds. Finally, add the solution more lens to rinse away. Fill in the case of your solution contact lenses and store them until you are ready to take them back.

You can find many brands of all objective lens solutions in your local pharmacy, supermarket or store discount. Among the popular brands, Renu Baush & Lomb or Opti-Free can be on store shelves, but each store carries a different selection.

You will also find brands that sell solutions of "not rub", which means that you won't have to rub the lens to clean it. However, doctors recommend rubbing with the solution as a rule the lens full attention. Rubbing helps to remove dirt and make-up of the lenses, so keep this in mind, should you go to rub solution not.

While certainly comparable solutions for contact lenses, are the same in the sense that are based on a saline solution. However, before buying your lens solution, make sure the label says "complete". Otherwise, you can not enjoy the benefits of a complete solution of contact lenses.

Before use, always read instructions as a whole, especially if you have never used a multipurpose solution or completed in the past. If you have problems, call your eye doctor or the number on the back of the bottle.

Paul Swadya offers full contact lenses troubleshooting information to help users improve their vision and their lifestyle. Directs an informative site that offers tips on How to buy contact lenses for corrections of vision, as well as for specific purposes. Visit http://www.presbyopia-contacts.com/ for more information contact lens solution quality.

Call Center Solutions - Offers Instant Solutions

2010-12-31T00:24:00.000-08:00

Call Center solution provides instant customer satisfaction guarantee. This is possible with an automated system solutions online innovation. To maximize the market opportunity, call center solutions are essential for the management of data. This helps to ensure the success of business customers in the promotion and sale of products with a significant increase in the profit margin.

Call center services include responses from voice based Internet transactions as e-mail, instant messaging and online communication. Therefore, taking into account their problems and services, solution providers have emerged with call center solution to help them. Therefore, while pace up with sales of modern challenges, contact center solution provides latest marketing tools that are offered by experts.

Focusing on solutions to its customer call center, efficiency and professionalism of service customer is essential. Taking into account this fact, enhances a timely e-commerce solutions expert for orders and authorization of credit cards, FAQ, on-line marketing and product processing queries. This automated system management ensures security with industry standards to ensure or increase in confidence in business transactions. With the development of communication technology, voice over IP (VoIP) has facilitated the things. With VoIP client, efficient and inexpensive form of communication with suppliers of solutions worldwide success. In addition, VoIP services allow businesses to configure the number of lines to provide instant solution when necessary.

Therefore, to comply with the desired parameters of the call center or improve productivity and profitability, provider of VoIP solutions provide valuable services to their customers. For example, to meet the world market, solutions for call centers are readily available round the clock, i.e. 24 x 7. Contact Center solutions help to get the huge reduction in capital expenditure. Provider solutions allow customers to enjoy mobility and flexibility of operations. While providing solutions, these centers make better use of intelligence survey to make its presence felt in the market. Call center solutions therefore for maintaining relations with offshore clients offer better alternatives for success!

To learn more about these services and solutions, visit: [http://www.icallglobe.com/businesssolutions.htm] provided by one of the leading provider of VoIP [http://www.icallglobe.com] contact center solutions offering several other enhanced quality VoIP Services [http://www.icallglobe.com/voip-services.html].

Conferencing solutions: navigating the labyrinth

2010-12-30T22:52:00.000-08:00

Companies, both large and small, use a solution of some nature Conference for conducting business at one time or another. Today there are several types of solutions Conference, an organization can choose between. The choice to use conferencing is evident. What isn't so clear is that best suits the needs of your organization.

Currently there are 3 basic types of Conference solutions:

-Solutions Conference audio

-Conference solutions video

-Web conferencing solutions

To make things even more interesting, you can also mix and match between the three solutions. Let's take a look at each in turn and then see how you can combine to extend its usefulness.

1. Audio conferencing-Conference audio solutions have been around the longest. Ranging from the simple conference call functions in most PBX systems that bridge 3 sophisticated outsourced services telephone lines. Besides conferences feature a system PBX is the Conference very low call cost 2-part using speakerphones with participants at each end sitting around a conference table.

No doubt has probably participated in one of these Conference calls more than once. These types of Conference calls can be very effective, but also have some important limitations. They are just a normal telephone call between two parties. It is often difficult to listen to all participants if not speak or are too far from a microphone. Long distance charges may incur by a party, unless an 800 number is available.

A conference hosted audio solution provides an additional level of convenience and professionalism. Allow the overcoming of various parts across phone lines. These services my assisted by the operator or by what is known as "reservationless" where the customer has an account and plan own call. An operator assisted conference call has some advantages such as transcription and translation services, but the trend is to save costs and opt for the Conference reservationless call services.

2. Videoconferencing-videoconferencing solutions are the next best thing to being there. However, require specialized systems and support and it can be difficult to configure and use. On the other hand, compared to the costs and loss of productivity associated travel can be a very cost-effective alternative.

This applies particularly where divisions geographically dispersed or partners should work together on a regular basis. In this case the ability to see and speak with one another in real-time using videoconferencing solution is ideal. Videoconferencing systems also provide rich media and experienced conferencing tools to further improve the Conference.

3. Web conferencing-Web conferencing solutions are at their most powerful when computer desktop applications need to share. Web conferences are ideal to demonstrate software products to customers or share spreadsheets and other applications between participants.

Web conferences are also often have an audio component or a stand-alone or integrated audio conferencing service or the Web using a digital voice as a VoIP solution web conferencing system audio conference.

Unlike video conferencing solutions, Web conferencing solutions use desktop interface and are easy to configure and use. Provide tools meeting as white boarding, and share documents. The most known and popular Web conferencing services provider is WebEx.

Choose between various solutions Conference equals your organization expects to accomplish with the conferencing solution. In many cases, a simple audio conference solution is sufficient.

If you need to demonstrate a software product or require a more interactive Conference, then a Web conferencing solution is probably what you need. For critical mission requiring regular interact with a remote office extended, projects, then videoconferencing solutions are definitely worth considering.

The important point to consider is that whatever you choose, conferencing solution is a tool used to meet your organization's business objectives. To that end, don't choose a tool that is more than what you need is a waste of money or is insufficient to save on the cost.

Richard r. Rojas researches and writes about the trends and technologies of the Conference call in the industry. You can read more about Business Conference calls and conferences at http://www.onlyconferencecalls.com solutions

Solutions for acne problems

2010-12-30T21:09:00.001-08:00

Acne solution can help a lot in the treatment of acne. Different solutions are available in the market to get rid of the problems caused by acne. You must not carry by solutions intended to cure the problem. It should spend some time and do a careful analysis of the different solutions and find out what will solve your problem. The nature of the skin is very important in the choice of the solution. Sensitive skin will be affected negatively when you choose the wrong solution.

Proactive solution is a solution of popular acne that is developed by two dermatologists. This solution can cure existing imperfections and prevents the formation of new spots. With what controls the infection from spreading to other areas and the problem is also effectively cure. Preventive solution can be applied on the face or can be applied to specific areas depending on needs.

Acne solution combined with the car that repairing the system of the human body to cure the problem. These solutions will stimulate giving faster cure repair process. Acne is caused by the accumulation of cells killed together with dirt and tallow. Solution clarifies the pores and extracts oil closures that grains are prevented from increasing size. Then it will fight against bacteria and, therefore, avoids infection more. When bacteria are killed all the solution will be rejuvenate the skin, so it will produce new cells and the pimples disappear. When not to scratch the beans don't have scars Recalling your acne problem. While modern treatments can eliminate scars, you have to spend more to those treatments.

The proactive solution works in three stages. In the first phase, the solution will act as a cleaner to clean the skin because it includes benzoyl peroxide for the purpose. Includes particles of small grain used to eliminate dead cells. The second stage will allow you to act as a revitalising toner that effectively removes dead cells and skin is moderate solution. The skin is now ready for the actual treatment. The third phase allows benzoyl peroxide act as a lotion to fight infection. Full treatment skin will look fresh.

The proactive solution is to be very effective in the treatment of acne. Many people use this solution to cure the shins and formed by acne pustules. Although this is a very popular acne solution many fear of side effects that may be caused by chemicals. As a result of this fear are beginning to use natural products. Natural products are always safe, and are also found to be effective in the treatment of acne. Vitamins nourish the skin from within. Many doctors suggest that you intake of vegetables and fruits containing natural vitamin sources. A proper diet and regular exercise will strengthen the immune system and, therefore, his body can effectively fight against infection.

Various acne solutions are available on the market in the form of creams, gels and ointments. They can be used for the treatment of mild acne. If you have grains, you can apply these creams in the affected area to the shins are reduced in size and finally cured. Buy acne products should be careful of the ingredients of these products. When they say that the products are natural to understand that these products contain extracts from natural sources. These products are to be effective against acne nut for some people that create side effects such as pigmentation and darkening of the skin. People with sensitive skin should carefully choose the product that does not cause skin irritation.

Many people use strips of acne to treat acne. These strips must be applied on the affected area. After some time, the strips are become detached. These strips contain medicines that work directly in the shins. It is also an effective treatment for acne and many people are using this solution. This will provide instant relief of irritation and itching. You have to wash the skin properly before use strips of acne.

Many people prefer natural solutions for the treatment of acne. They may use oil sandalwood oil of rosewood, tea, lemon juice, honey and other products available in the kitchen. Surprisingly these home remedies are also found to be effective in the treatment of acne, but there is no scientific evidence for these solutions. Adolescents who have acne definitely can test home solutions have mild acne. Adult acne, these solutions can not cure acne. They must have special treatments such as laser treatments to deal with your problem.

The way that working solutions is different for different people. This is due to the difference in the types of skin, as well as the reasons or acne. Time choosing acne products must have the type of your skin into consideration. If you apply a fat cream oily skin, then acne is severe due to excess oil. You can consult a skin doctor and get their products prescribed by him.

Different solutions are available for acne, but none of them found to produce instant results. You have to give time for the solution provide cure. The solution may take 2 to 3 weeks to cure acne. Once it has started to take treatment of acne, you have to continue the treatment for about 6 months for which you strengthen the health of the skin. A healthy skin will not create many problems. Many people by periodically changing acne products because they find anything useful. But this isn't a great idea. You have to try a solution for six months, and even at this time that not any improvement you can consult a doctor to change the product. For certain types of skin that cures will be slow.

Visit acne articles know about acne Home Remedies.

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Spot - should I implement this strategy in my currency?

2010-12-30T16:43:00.000-08:00

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In a term of global forex trading, everyone could benefits a huge of profits from this highly lucrative investment opportunity. But without any exception, everyone could be terribly loosing also. Trading forex is alike as a journey to find a hidden treasure. One thing thats important to be carefully considered by forex traders, especially the new one is to choose which trading strategy is the most suitable for them to be applied in their trading system. We can presuppose trading strategy as a map to find the treasure. For they who are new to forex trading, without a direction, they will mostly end up with nothing in their hands but lost and regrets.

Traders may define their trading strategy in many ways. The basic trading strategy are mainly divided into four main trading time frame; short term trading (day trading), swing trading, long term trading (long term trading), and buy & hold investment. The first strategy mentioned are the quickest, and last are the most long time frame which could be reach years count.

Most forex traders, especially they who are already 'expert' in forex choose to trade with a short term trading strategy. Lots of new traders are willing to follow their system and expecting to be as successful as their successor. The problems are, many newbie don't even know what's day trading is, what things should to be considered before using it and how to do it right. In this article, i'll try to clearly explain 'what must traders know' about this strategy so that at least there are questions answered...

Short term trading (Day Trading)

Short term trading or commonly known as day trading strategy is a trading (buying and selling) of forex / currencies which be done intraday. As forex market is opened 24 hours (by using brokers services which allowing traders to do so), we can assume that day trading is a trading which be done in less than 24 hours. They who use this strategy are called as a day trader. Day traders are tend to do trading with frequency throughout a day. They may trade twice, or maybe tens of times in a single day.

Day trading gives traders more control among the trade as it need no overnight hold exposure. Day traders are usually monitoring the market changes carefully and quickly reacting whenever something that according to his system is profitable or potentially loss so that they can focus on a higher winning percentages of trades. In exchange for its benefits, the disadvantages of using day trading strategy are concerning with the traders effort to be active in their trade and maybe the cost of brokers commission -- if they are charging you by the frequency-based of commission.

Day Trading Risk

I'll not gonna tell you that this strategy is riskier than other strategy or safer. It is not the trading strategy which determine the risk level of your trading. At my older article (Forex Trading: Historical Currency Price Chart - Why is it Important to Me?), I said that long term trading is better and safer than the short one. But as I said so in that article that the greatest teacher in to teach how do we suppose to treat our forex trading is our own experience. Basically, there are no trading strategy which safer nor riskier than other. It's our trading behavior which make our trading -- regardless what trading system we used -- become safe or not. I'm judging that short term are riskier than long term is just because my experience said so.

Considering with your frequency of trading, yes, of course its riskier than other strategy which have a longer trading time frame. But, don't you realize that by doing your trading more often, it means you're increasing your chance to profiting as well? I guess we call it for even than...

Things to Consider Before Trading with Day Trading Strategy

If you're planning to be a successful forex trader, the most thing to be done is to develop your trading strategy, and stick with it. A successful forex traders are basically achieve their position by consistence, discipline, and a solid of self, risk, and money management. You can't just always changing your strategy along your way. A new strategy will gonna change your whole developed system. That's mean that you have to start over again from your very first step. It's a huge loss for every traders...

Before you're gonna applying day trading strategy as your trading strategy, you should make a clear and careful consideration about some of important aspects in this strategy:

1. YourSelf - Personality, Aims and Basic Knowledge

There is no guarantee that you'll gonna be a successful trader. Forex markets, as other investment are filled by probability - 50% of winning and 50% of loosing. But thats don't means that you'll gonna win after loosing or loosing after winning. There are a possibility that sometimes you'll taste how great it is to always win your trade in your whole day. But there are also a possibility that you might slapped by a long strings of losses as well.

Trading in day trading time frame means you're gonna trades a lots. Everyone would gonna be happy for winning, but 'Can you accept a strings of loosing and still be consistence with your system?','Can you handle your emotion and still be calm and clearly minded for next trade after that?'. If your answer to that kind of question is 'yes', you may proceed to the next step then.
Every traders are trading with a different goal in their mind. It might for fun, to get an additional income or for living. If you're trading just for fun, there's nothing to consider then as whatever you're winning or loosing, you've got what's you're looking for.

But if you're manage to treat your trading profits as an income, at least you should have a solid money management to manage your trade and your life. Don't ever get burned by your emotion or greed which push you to place a trade with the money that you can't afford of loosing it.
Know your enemy. You've to at least know how forex market is, and what components which are behind their volatile market. Educate yourself with a basic knowledge of trading analysis and learn about how to use them so you won't blind while watching the market changes. Reading some books about them or taking some course are a considerable choice to have yourself properly educated and have more adjusted forex minded

2. The Brokers

Day trading Strategy must be supported with an adequate data and resources. Brokers choice can be one of the critical step in your day trading. Here a few checklist to find out whether that particular brokers are eligible for your trading strategy or not:

Do they are a trusted broker? Find out some informations about them more detailed to be sure (who is/are the regulator? find out where their track report history? ask in a forum about them, etc)
Do they support you with a real market data and a good rate of update?
How fast is their system executing your trade query?
How tight is their spread
How much their commission?

3. Your Preparation

In order to do your day trading smoothly your trading environment must be supported with an capable hardware -- and maybe some software to. Your basic needs is:

Tough Computer - as she'll used for kind a long time
Large and clear monitor - so it won't hurt your eyes badly
Fast of internet connection - for data streaming and order placing
UPS for your power supply backup - you won't let electricity cuts your profiting chances, don't you?

Well, I guess now you've more information about day trading strategy than before you read this article. I hope this little writing would be useful for you and your forex trading future. If you're looking for more information about online forex trading, please feel free to visit my blog at [http://forexocta.blogspot.com]

Happy trading,

Octa

This article is free for republishing as long as the article and its resources box are remain as it (unedited) and all links are clickable.

2007 - Octa

Octa is a private investor, online writter and the owner of forexocta.blogspot.com - a forex trading blog [http://forexocta.blogspot.com]. She own an online bookstore with a numerous collection of preferable investment educational books. Octa also a contributor in a some finance categorized blogs stockside.blogspot.com & ccsolutions.blogspot.com

Stock trading - trade losses options are Part Of The Journey

2010-12-29T19:05:00.001-08:00

No matter how skillful or how much time has been doing in their trade, stock options is natural to find commercial losses along the way. Commercial losses could result from our inexperience, levels of skill and, sometimes, due to the reaction of the market unpredictable.

Certainly is a harrowing experience to trade money loss after trade during commercial stock options seeing our hard earned money led the market without mercy. But painful as trade losses might be, we must accept them as obstacles that we must overcome each other effort and gather lessons learned from each business losses.

Certainly we should not wait on these losses too long. The already let these losses exceed US, how much longer will lead we have the courage to re-enter our trade for the opportunity to hone our skills further stock options. A stock trading journey options is especially having the discipline to follow trade plan and stick to & if sometimes produces a commercial loss, we analyse the cause behind this hiccups and refine our business plan so that we would be ready the next time the same scenario became once more.

Therefore, it is important to analyze where we have done wrong so that we can be more cautious and not make the same mistakes again. We must accept losses as part of our travel trade stock options and not to give in too easily.

Here are some ways to minimize their losses during trade stock options and how they can learn from them:

1) Keep each trade 5% or less of my capital

No matter how confident you are in a particular trade, maintain discipline not commit more than 5% of their capital in any position trading stock options.

Understand that each trade carries risks. I've collected some errors costly when he was greedy and had a large part of my capital plunged into so-called "safe bet" and ended with my hard earned money come alive up by the market. Not be cheated that it could borrow money easily in the market, trade is a professional feature as well as any specialized field and requires years of skills & experiences to understand how the market works.

Be careful, though sometimes each technical indicators could have been aligned perfectly for trade "insurance win" called on the basis of his analysis, things could still come out evil where the market reacted versus what has analysed and ended up losing money. Therefore you must always remember never to "bet the farm" on any "safe win" offices. But if you keep each position within 5% or less of its commercial capital, even when you found losing some trades, still would have balance capital to fight another battle.

(2) Write down their mistakes in your trading journal

I note that maintaining a commercial Journal of my offices has been one of the most important step that I am committed to my business trip. In my business journal, recorded my analysis of stocks that I might be an option trade with. These details include daily trade volume, market capitalization, scouter stock (from MSN MoneyCentral), history of earnings, valuation same/down etc. of individual actions that I am examining earnings announcement-based analysis. It would also go into my daily reasons why enter or exit a position.

Every time that I found a losing trade, journal would even more important because it would be explicitly annotate the reasons behind losing trade and what I learned from this costly mistake. It would be painful when these details were recorded during this time, but trust me return caution as important reminder for us when a similar commercial configuration happens once again.

Therefore, take this simple advice and start a trade magazine for recording all the offices and inclusion decisions. Most importantly, must register the lessons behind of the offices of losing what you remember not to commit them again.

(Take 3) and You Shall receive

I think that it could have heard the previous sentence before. Although I am no expert on this philosophy, somehow experienced in my real life some truth in this statement. I tend to get more when I course again. I think if we are to succeed in our trade, we also develop the virtue of giving, although it is not necessary in monetary terms. It could be donation types or simply an act of love and forgiveness. Of course, must also give his devotion to sharpen their business skills and every day because the market would definitely be reward when you put much trying to understand how it works.

As always, desire that all successful stock options in its travel trade.

Tony Chai trades U.S. stock options and S & P 500 e-minis.

Often splashing with same earnings analysis offices for a while, 4 years to be exact. But since then has stopped this method of trade, because it is very unpredictable; seemed more like gambling. Later she attended a Basic 4 months commercial course taught by Mr Michael Woo, where covered most of the knowledge base on trade. He had also learned about e-minis trading of Michael. Currently, he focuses mainly on swing through options trading U.S. stocks.

Tony has recorded its options on shares and e-minis S & P 500 transactions and their analysis to initiate trades in his trade blog stock options.