Saturday, October 6, 2007

I Got the Entrepreneurial Gene - Did You?

Firstly let me introduce myself, I am a wife, mother of two and owner/manager of two businesses. Over the years I have worked with market leaders across many industries including manufacturing, health, IT, retail, horse racing and golf course maintenance. Although Ive worked with them in many ways the underlying theme has always been to build their business (even if they didnt know it at the time) the reason for this is I have to build businesses because I have the e gene, that is, the entrepreneurial gene.

I grew up in an entrepreneurial family my mother, father and brother all still have their own businesses (in fact they each have at least two). My Uncle & Aunt have an award winning winery in Clare Valley that they built from scratch Yes Id say the entrepreneurial gene is very prominent in my family.

My first venture into entrepreneurialism was standing on a milk crate at four years old in my parents milk bar singing to the tradesmen that used to come in to buy Dads homemade pies during the pastry strike in Adelaide. Dad was not a pie maker, chef or even a cook but when the pastry companies went on strike he did what every committed entrepreneur would do he made his own, that is he got up at 4am and made pies and sausage rolls before he went to work in his fulltime job as engineer at the highways department!

So he provided the pies and I provided the entertainment and the business was a raging success. In fact after the strike was over many customers kept asking for Dads pies but he had moved on. I think this anecdote truly shows the entrepreneurial spirit if theres some thing to be done you just get in and do it. In times of adversity of uncertainty you find a creative way out.

I grew up in the back rooms of retail shops that my parents owned. Id come home from school with my brother and wed play leggo and barbies like normal kids do but we just did it in the back room of which ever shop they owned at the time. I remember regular games of school teacher using a big black board opposite my Dads lead lighting bench he taught classes after his day job! I got to serve customers, answer phones, help unload and price stock it was great fun. And it was a great training ground for customer service skills. As an HR professional now I can always see the vast difference in young candidates between those that have worked whilst at school and those that havent. Those that have are a long way ahead of the latter in terms of customer service skills and often even work ethic.

My next foray into entrepreneurialism came with selling homemade gumnut people at a roadside stall outside my house. Unfortunately we didnt live on a busy road so it wasnt that successful. Later on I started a babysitting business by doing a flyer drop around my house and unfortunately that was a little too successful and I had trouble saying no. Subsequently my year 11 scores werent so crash hot. I had to call it quits much to the disappointment of my main client who had four children under seven and employed me every evening between four and six.

Im sure we all do these kinds of things as kids but I guess the difference for me is that Ive never stopped. I am a self confessed serial business plan writer. Whilst I was an at-home mum with my first child I wrote and researched three business plans, that is, amongst working part time and attending university part-time. My mind does not stop and I fully blame the e gene for it. My husband would come home from work and say so what business is it today honey?

The e gene can be quite annoying as it wakes you in the middle of the night with a great idea or solution to a problem and you quietly feel around for a pen to make scribbled notes on the pad which is kept on the bedside table specifically for these occasions. This is all done in complete darkness and very quietly in an attempt not to make the non e gene hubby!

Its took me a long time to work out why I was different to my friends none of which have much interest in business. In a moment of enlightenment I realized it was the e gene. Over a recent family discussion drying the dishes at my brothers house it was pointed out by a visitor that we were quite an unusual family. I was telling my brother and mother how Id been looking at Google Analytics which shows the key words people have typed in to Google and then clicked through to your website on and I said last month five people came to my website by searching on you Brad and four came by searching you Mum. Both their names are included in my website as their businesses have been clients of mine. And because their businesses have been so successful people have been researching them online or so I thought. My brother believed this to be true but my mother said she didnt think theyd been searching her for business reasons instead she said its probably the guys on RSVP who are researching me to see if Im the sort theyd like to contact! The visitor thought the whole conversation was very odd and could not imagine her family even knowing what google was!

I look at my two daughters now at eight and four and I see the e gene already in my eldest. She has started making signs to sell stick on tattoos at our front gate. She may have a bit more success than me though as we DO live on a busy road!

If youve got the e gene it is advisable to build your own business or work in a small business that will appreciate your creativity, innovation

As an experienced HR professional Taimi is passionate about delivering sound people management practices which move organisations into high performance mode. With over 8 years consulting experience she has consistently assisted many organisations to become market leaders through their people practices. Taimi has a degree in Human Resource Management and Psychology and is a qualified trainer. She is presently undertaking further studies in marketing and personal development. Having been born and bred in the small business environment and with over 20 years experience within SMEs she understands that entrepreneurs want practical, accessible solutions that can be easily implemented. Taimi has an intricate understanding of building businesses, managing people and cloning entrepreneurial business owners through people and systems management.

Generate High Returns Daily

Would you like to learn how you can generate high returns daily on the Forex? Many people have been told that the Forex is hard and they think that they can not succeed or that if they do, they will only see a small growth of returns. Some people never even try and others give up quickly when they dont see the types of returns that they expect right away. Many others spend years investing time and time again but they never really achieve high returns on a daily basis. That doesnt have to be true for you anymore with this great system!

If you want to be successful with Forex then you need to stand out somehow. You need to be different from all of the other investors and you need to have an edge over them. So many would-be successful investors spend time studying what the other investors are doing. If you use the strategies of 90% of the other investors, how can you expect to be in the top 10% by means of success? You have to have something that everybody else doesn't have.

How can you learn to generate high returns daily? With this proven- effective investment strategy, you can generate high returns daily even if you have never invested in the foreign exchange before. It works because it combines two revolutionary wealth concepts and an easy to use system that takes only minutes a day. All you do is set the system up with your specific details and it does all the work for you. It will hedge your position for you, it automatically tells you how many lots to buy and it does all the calculations for you so you dont have to.

You can choose the parameters that must be met within your system so you have complete control over your portfolio but the system works to give you the best options and scenarios to help increase your profits to the max! You can set up your system to provide efficient data regarding your trades and to allow you to control exactly how much risk you are willing to take. Your system can be set up to know which currency pairs it plans to trade, how much money you are looking to invest and how much you are willing to invest. Once it is all set up, it does the work for you choosing which trades to make to help you gain a profit.

When I first started researching the Forex I learned that it would take months to learn and studying charts and graphs and a lot of money to get started. Something that a full time job would not allow me to do.

Then a good friend of mine introduced me to a forex investment strategy. He told me how easy it was to learn and how it required no formal training and that I could be up and running in less than 3 hours. He also told me that he was earning monthly what banks and mutual funds were earning yearly.

You can only imagine my skepticism. So I started doing some research on the company and the proprietary software they were using. I took a leap of faith and opened up a demo account, and to my surprise everything that they claimed was true. I can honestly say that I'm earning more a month than my mutual funds and my bank are earning a year. This company does truly care about people and that is rare in this industry. I opened up my Live account on April 10, 2007 and I'm doing very well.

Check it out for yourself.
http://www.forex-for-everyone.com

Hot Share Tips

It's official! Australia is the largest nation of shareholders with direct share ownership more than doubling since 1997 to 40.6 per cent. That figure rises to 54 per cent of all adult Australians when managed funds are taken into account.

We're also trading more shares. The Australian Stock Exchange reports the average number of trades has nearly trebled in the past year to 79,000 a day.

Large new floats such as Telstra has fueled the growth of private share ownership. For example, almost one million of the two million people who invested in our largest telecommunications company were first time investors. They haven't been disappointed with their return on capital and many have branched out into other well-known stock such as Coles-Myer, Qantas, AMP, Commonwealth Bank and others.

Smaller and less-well known companies are also floating on the stock exchange in record numbers. In the last half of 1999 more than 104 new companies went public.

Share ownership in Australia cuts across all age groups, socio-economic, ethnic and geographical boundaries. The motivation for most investors is to make money and create wealth.

Newer investors have been in a rising or "bull" market and seen their so-called "paper profits" soar. Internet and technology based companies have also been floated in record numbers with astonishing results. Many "Mum and Dad" investors are instant experts and looking for that next "dot com" company on which to make their fortune.

But what are the keys to successful share investing? Ron Bennetts is Principle Manager WA for stockbrokers J.B. Were and author of "The Australian Stock Market: A Guide for Players, Planners and Procrastinators".

His advice is simple, "invest some time as well as money, look for quality management in quality companies with earnings growth."

Bennetts defines these companies as ones that are strong and likely to increase their earnings per share. He believes the technology area is a growth sector and the bubble may burst but there will be growth.

"Look at the companies that have the qualities rather than a marketing plan that has little chance of bearing fruit," he says.

One of the keys too successful investing is diversification and Bennetts says you don't need more than 12 stocks to diversify your portfolio. He also believes 15 per should be overseas shares and this is often 25 per cent for more aggressive investors.

On seeking independent advice versus investing yourself, Bennetts says "the cost of buying and selling is often viewed as a false economy" and suggests first time investors seek professional advice.

Ten Tips for First Time Share Investors

1.Set your objectives and work out a budget for how much you want to invest.

2.Avoid speculating. Do some homework about the risks of investing in the stock market and spend time gaining knowledge on how the stock market works.

3.Take a long-term view of your investment.

4.Avoid reacting to short-term pressure and expect some volatility in the market.

5.Identify quality shares in a growth sector. Look for good quality management in industries likely to grow in the future.

6.Diversify your portfolio to spread your risk. This should ideally include about 10 stocks. Less than 10 are not enough diversification and more than 15 is too hard to handle.

7.Compliment your Australian share portfolio with international shares. Exposure overseas can typically be through managed funds.

8.Buy into a managed fund if you only have small amounts of money to invest. A managed fund is an investment where you have a manager that gives you diversification in pooled funds with other investors. To buy direct most advisors believe you need a minimum of $50,000 to do anything meaningful.

9.Monitor your portfolio as closely as possible on the performance of the companies you are investing in.

10.Seek professional advice from a qualified stockbroker or financial planner.

Thomas Murrell MBA CSP is an international business speaker, consultant and award-winning broadcaster. Media Motivators is his regular electronic magazine read by 7,000 professionals in 15 different countries.

You can subscribe by visiting http://www.8mmedia.com. Thomas can be contacted directly at +6189388 6888 and is available to speak to your conference, seminar or event. Visit Tom's blog at http://www.8mmedia.blogspot.com.

Stock Market Investing

Investing in the Market - How Stock Market works?

Introduction

Investors around the globe are always eager to convert their hard-earned money into an amount that can secure their life in the years to come in the shortest possible time. Very few investment options can give the result that an investor seeks. Stock Market is one of the options where it is possible. The king of all the investment options where it is possible to earn a fortune overnight is Stock Market. Most Investor believes that stock market investing provides them with the scope of the maximum return in the shortest time.

Role of Stock Market for companies

However, Stock market investing is lucrative; a query should strike the mind of an investor before entering the world of a stock trader, i.e. How Stock Market Works? Stock Broker or an experienced stock trader can help you a lot in clearing your doubts related to your query. It seems a difficult question, but has a simple answer and can be understood without any confusion. Companies are always looking forward to raise their capital for development purposes to get more profit for the organization. They target minor investors for the purpose and the best place to locate them is stock market. To publicize themselves, companies offer a portion (of the overall share of the concern) to public through stock market.

Role of Stock Market for Investors

For investors, stock market and its day trading are the medium from where they look forward to have transactions, i.e. buy or sell, in the stocks that they feel comfortable with. The process of buying or selling of a stock can be achieved in real-time day trading, online stock market, etc.
By understanding the role of stock market in stocks and a stock trader, it is easy to understand the basic working that is involved in stock market. However, an investor who looks forward for extracting maximum tries to gather more and more knowledge on the subject of stock market. To gather better knowledge, it is important for learning the terms involved in the world of day trading, stock broker, stock trader, etc. that includes stock quotes & market capitalization.
Stock Quotes

The most popular of all the terms used in stock market is stock quotes. Stock quotes signify the prices that a stock is transacted in the market. An investor studies the stock quotes regularly through the information available from a stockbroker or another stock trader during the day trading. It helps him in making the best decision in relation to stocks. Stock quotes are controlled by several factors that include economical health, trends in spending & trading and technical or financial report of the company put forward to the investors by the company or experienced stockbroker.

Market Capitalization

Market capitalization is another term that can ring in your ears while you are involved in a conversation whose subject is related to stock market. The term indicates the overall values of companies or stocks that are offered in stock market. Using a simple formula can do calculation of market capitalization of stocks: Number of surplus share in the market X stock quotes.

Buying and Selling of Stocks

The next step after knowing the basic terminologies is learning the procedures for buying and selling of stocks in day trading or online stock market. Buying of stocks is the procedure that requires an appropriate investment amount from a stock trader. This investment amount is utilized in paying for the total amount of the stocks brought along with the commission or the tax charges involved with the transaction. Investor opts for opening investment account with stockbroker that has firm nearby investors location for convenience. However, online stock market has given an option for an online account for investment to a stock trader that allows them to buy without the involvement of a stockbroker. The process that follows the opening of the investment account is funding it for making the purchases. The moment your account receives the apt fund for the purchase, stock buying can be done. The process of selling requires the stock trader to inform their stock broker about the quantity of shares you require to sell and at what stock prices. Online stock market requires the trader to enter the order for sell through their investment account.

Once you understand the proceedings and the working of stock market investing, your success in the field is unstoppable.

Open an account with sogoinvest
If you are new to sogoinvest: Online stock trading investment

The Currency Exchange is the Largest World Market

Possibly the most appealing point about this form of trading (for those involved in it) is the fact it goes on 24 hours a day. The day could be ending for someone trading on the New York exchange but in Tokyo a new day is only beginning and our US trader would only have to switch exchanges to carry on trading around the clock.

This market is often referred to as the foreign exchange, currency market, forex or FX market and is active anywhere one currency is traded for another and includes trading between large banks, central banks, currency speculators, multinational corporations, governments and other financial markets and institutions. Individuals or retail traders as they are known in the market may not trade directly themselves as they must participate indirectly through brokers or banks and they are by far the smallest sector of this massive market.

Because of the size of this market and because there are no limitations made on what currencies you have to trade, it appeals to many people to want to get involved in this form of trading. Over and above this one can make money when trading on currencies that are gaining in value and make money on falling currencies too. Add to the fact that when trading through brokerages you will be allowed to trade in amounts equal to ten times the amount of money you have on deposit that is to say if one has $1000 on deposit you can trade in amounts up to $10,000 and profit on that as if your were investing $10,000. To show you this point more clearly: if you made a 1% (and this is a much exaggerated example), you could make a $100 gain on your $1000 on deposit. Add all these benefits together and many people think they are into a money making machine. However, be careful because all trades must be finalized at the end of trading each after each trading period and one cant lose their $1000 one day and be able to carry the loss over to the next day in the hope of turning things around.

The other point that appeals to so many people is the fact one does not have to trade for hours on end each day because the currencies are always moving up or down against some other currencies. However, the point to remember is that one really is playing against other traders and so you will always have winners and losers in this game of currency exchange. Many believe there is a fortune to be made for the individual in this form of making money and for a very small percentage of those involved there is and they do make a fortune.

One could say with the advent of the Internet currency exchange has become the gold rush of our times for the individual and that is true in more ways than one. You see the ones who really made money in the gold rush were not the miners but those who supported the miners by supplying them with the tools, food, recreation and all else that is needed to fuel a boom of that nature.

The real winners of the currency exchange will be the businesses supporting the individual currency traders including people offering advice and even training people to become traders in this booming market, not the traders themselves because over 90% of them will fall by the wayside.

Michael Russell Your Independent guide to Currency Exchange

Aging

Do you realize that the only time in our lives when we like to get old is when we're kids? If you're less than 10 years old, you're so excited about aging that you think in fractions.

"How old are you?" "I'm four and a half!" You're never thirty-six and a half. You're four and a half, going on five! That's the key. You get into your teens, now they can't hold you back. You jump to the next number, or even a few ahead.

"How old are you?" "I'm gonna be 16!" You could be 13, but hey, you're gonna be 16! And then the greatest day of your life . you become 21. Even the words sound like a ceremony. YOU BECOME 21. YESSSS!

But then you turn 30. Oooohh, what happened there? Makes you sound like bad milk! He TURNED; we had to throw him out There's no fun now, you're just a sour-dumpling. What's wrong? What's changed?

You BECOME 21, you TURN 30, then you're PUSHING 40. Whoa! Put on the brakes, it's all slipping away. Before you know it, you REACH 50 and your dreams are gone. But wait! You MAKE it to 60. You didn't think you would! So you BECOME 21, TURN 30, PUSH 40, REACH 50 and MAKE it to 60. You've built up so much speed that you HIT 70! After that it's a day-by-day thing; you HIT Wednesday!

You get into your 80's and every day is a complete cycle; you HIT lunch; you TURN 4:30; you REACH bedtime. And it doesn't end there. Into the 90s, you start going backwards; "I Was JUST 92"

Then a strange thing happens. If you make it over 100, you become a little kid again. "I'm 100 and a half!" May you all make it to a healthy 100 and a half!!

HOW TO STAY YOUNG
1. Throw out nonessential numbers. This includes age, weight and height. Let the doctors worry about them. That is why you pay "them."

2. Keep only cheerful friends. The grouches pull you down.

3. Keep learning. Learn more about the computer, crafts, music, art, stock, gardening, whatever. Never let the brain idle. "An idle mind is the devil's workshop." And the devil's name is Alzheimer's.

4. Enjoy the simple things.

5. Laugh often, long and loud. Laugh until you gasp for breath.

6. The tears happen. Endure, grieve, and move on. The only person, who is with us our entire life, is ourselves. Be ALIVE while you are alive.

7. Surround yourself with what you love, whether it's family, pets, keepsakes, music, plants, hobbies, whatever. Your home is your refuge .

8. Tell the people you love that you love them, at every opportunity. AND ALWAYS REMEMBER: Life is not measured by the number of breaths we take, but by the moments that take our breath away.

9. Don't take guilt trips. Take a trip to the mall, even to the next county; to a foreign country but NOT to where the guilt is.

10. Cherish your health: If it is good, preserve it. If it is unstable, improve it If it is beyond what you can improve, get help.

Need help to maintain that Healthy Life Style, or to improve it? I'm over 60 years and about three years ago was told by my Doctor that I had High Blood Pressure, That I was Over Weight ( I knew that) and my liver was in trouble. Doc put me on pills for the blood pressure, I started walking and eating less (not easy) and the liver started to clear-up.

Problem - NO Energy, Looked like a Million Dollars (ALL GREEN AND WRINKLED) I mean NO ENERGY, I just wanted to sleep all the time. Doctor took blood and ran test and came back with, Your anemic and need to take food supplements. So I did, got the best over the counter brand that I could and faithfully downed those pills every meal. Results - Not much - Tried different brands, no changes, So I started reading and learned that Liquid Supplements are much easier for your digestive system to assimilate than pills. That with pills you get may be 40% of what is in the pills into your system, But with liquids you retain 80 to 90% of the nutrients in your system. My Solution A Recognized Path To A Physically and Fiscally Healthy Lifestyle.

Pro Image International was founded in 1995 by CEO Tony Shaw, and is a debt-free, privately-held company with a solid reputation for it's commitment to excellence, integrity and the unmatched quality of it's products. "As The Healthy Lifestyle Company, our mission is to utilize the most recent advances in nutritional science to realistically improve your prospects for a better quality of life and good health as you age. We assure you that we will never compromise the integrity of the products, nor the philosophy that stands behind them. Our values are rooted in a customers-first tradition."

I was so impressed with the results that I obtained in just 90 days that I have become a distributor for PROImage.

Go to site http://www.prosperity-plus.ws

W. L. Anderson
nnarc22@att.net
California /NorCal/USA

William L. Anderson
65 years of age.
Married 36 years and going strong.
8 years Military & 22 years in law enforcement.
5 children, ages 33 to 42, 12 grandchildren, raising 3 of them.
Retired in 1992, enjoy fishing and playing with grandkids.

How You Can Benefit From Trading Forex

If you have been thinking about currency trading as a means of making money, here are some things you should think about before you begin the process of buying and selling currency.

You will find that there are many sites on the Internet that are more than happy to have you register for a free account to purchase and sell currency.

However, you want to make sure you read the fine print before you commit to any program. Some of them work off a structure in which they will get a percentage of each transaction completed.

In some cases, this could leave you with less in the way of assets than you had to begin with.

Other sites will charge a flat rate per transaction, which is a little better, since you will now know what it will cost you to make the transaction in advance.

However, there are a number of sites that will charge you a flat monthly fee and allow you to make unlimited transactions during the course of the month.

If you are truly serious about buying and selling currency, this will be the model that you want to seek out.

No doubt someone has told you that you do not need to know a lot in order to jump into buying and selling currency. This is incorrect information.

While it is true you do not have to be an investing whiz or an economics major in order to be successful with this type of venture, it is important to remember that knowledge is always empowering.

You can find several excellent tutorials online that will help you grasp the basics of the process, including some tips on what sort of signs you need to note before buying or selling anything.

Several excellent choices are perfectly free, so you will not have to invest a lot of money in getting up to speed, just some of your time.

Of course, it is always a good idea to have input from an expert before you begin any type of moneymaking venture.

If you have access to someone in the financial community, get input on what they think about the various online trading sites. You may be able to get some references for one or two outstanding sites.

Once you have a list compiled of potential sites to sign up with, do more searches on the Internet and see what type of comments you can find about the veracity and integrity of those sites. You can do this by looking at and joining online Forex forums.

While the chances of coming across a site, that has no negative comments posted somewhere on the Internet, you may very well be able to find enough data that will help you pick an option that will make your on line Forex trading a lot of fun and very profitable.

It should be noted Forex trading involves substantial risk of loss and is not suitable for all investors.

About the Author: Receive a Free ebook that reveals Forex trading secrets and shows how you can make great returns on your capital click on the link below: Free Forex Trading Secrets Ebook

Digital Photography - 11 Tips For Taking Better Digital Photographs Of Jewelry And Craft Items

I am often asked by jewelry and craft artists what they can do to improve their photography. Here are my top 11 tips for anyone that has problems taking great digital photographs.

1.Use a tripod and the camera self-timer. Using these two items at all times will give you clear and sharp photographs.

2.Keep the background clean and uncluttered. Remove any unnecessary items from the area that you are taking the photograph. This will also keep your eyes from being distracted from the subject of the photograph.

3.Move the camera as close to the subject as possible. Use the viewing screen on the camera, and fill up the screen as much as possible. This may mean that you will need to use the macro setting on your camera. Refer to your owners manual for the distances that the camera is designed for using the macro setting.

4.Keep your subject of the photograph focused. Nobody likes to look at a photograph that is out of focus. If your photo is not focused properly, then retake the photograph.

5.Avoid dark shadows. Use indirect sunlight, flash or other lighting sources for photographing your jewelry or craft items. Indirect sunlight is the best lighting source for photography.

6.Before you set up your camera equipment, have an idea in your mind of how you want the photograph to appear, when you view the finished photo.

7.Enhance your photographs by resizing, cropping, sharpening, rotating (when necessary), and compressing the image. Try to take your photographs so that you only have to do a minimum amount of enhancement. For example, you should not have to remove unwanted objects from the photo.

8.Read the camera owners manual and become familiar with all of the features of your camera. For example, some of the things that you should become familiar with are the self-timer, setting the white balance and the exposure values, how to take photographs using the manual or macro focusing settings, how to use the built in flash, how to zoom in and out from the subject of the photograph, and how to set the resolution you are going to use for taking your photographs.

9.Dont be afraid to experiment in taking photos. Try using different techniques for taking your photographs. Use a different camera angle, different lighting, rotate the object of the photograph, try different background colors, and try different exposure values for your photographs. You will never know what will or will not work unless you try using different techniques in your photography. You may be surprised at how well a new technique that you used actually makes your photographs turn out.

10. Do not expect to get the perfect photograph by taking just one or two photographs of an item. It may happen once in a while, but very seldom. I am rarely able to take just one or two photographs of an item that I want to photograph, and consider the photograph to be the best photo that I can possibly take. Expect to take five or more photographs before you are able to get the perfect photo.

11. If you use the cameras built in flash for your jewelry and craft photography, use the power cord that comes with your camera to generate the maximum amount of light output from the cameras flash unit for every photo that you take. As the cameras batteries start to discharge as you are using your camera, with or without using the flash, the light output from the cameras flash unit will decrease.

By using all of above tips when photographing jewelry and small craft items, you should see an immediate improvement in your photography.

You may want to print this tip sheet so that you can refer to it when you are doing photography.

Jim Juris

Jim Juris is a photographer who specializes in craft and jewelry photography. He has written an ebook titled- Inexpensive Jewelry Photography Techniuqes: How to use inexpensive techniques to photograph jewelry, craft, collectible, and online auction items. To learn more about his ebook, please visit http://www.inexpensivejewelryphotography.com Jim provides two free excerpts from his ebook on his web site.

Forex Trading The Risk and Perils of Currency Trading

You will often read about the advantages of currency trading but you will rarely see the risk of currency trading mentioned, yet 90% of currency traders lose.

This article will look at the risks of currency trading and why this creates a vast majority of losing traders who wipe out their equity.

Lets look at the advantages first.

1. Profit opportunities all the time

As one currency is rising another must be falling creating constant opportunities for profit.

2. Liquidity & 24 hour trading

The markets are very liquid and trade 24 hours a day with literally trillions of dollars

3. The markets trend well

As currencies reflect economic conditions around the world they exhibit good long term trends

4. Leverage

You can trade on leverage and trade many times over the funds you have in your account

So with these great advantages why do traders lose?

The answer is traders cannot handle points 3 and 4, they see these as easy to deal with and these are not. Lets take a look why.

Currency markets trend well

Yes they do, but they only show reliable trends in longer time frames.

Most traders opt for short term day trading methods.

As moves within a day are random they get stopped out continuously and never run their profits.

Furthermore, even long term traders have no idea of how to deal with volatility and stop placement and continually get stopped out or bank profits early by not taking enough risk.

Traders are in many instances so concerned about reducing risk they actually create a scenario where they cant win.

Add Leverage

Leverage and volatility is a combination that makes risk management hard for even the most seasoned traders.

With leverage you need to study volatility and make sure your stops are not to close and that they are not trailed to quickly if you really want to make the big profits from the big moves.

Currency trends are easy to see in hindsight on a chart.

Its a fact that most traders are good at picking market direction, but they keep getting stopped out.

The main reasons for this are poor entry methods, trading to short term, or not having an understanding of volatility and risk.

Currency trading looks easy but few succeed.

If you are a new trader avoid day or intra day trading and trade longer term and get an understanding of volatility and how to place stops correctly and manage risk, so you can stay in the long term trends.

90% fail why should you succeed?

Ask yourself the above question.

If you dont know the answer, then brush up on dealing with leverage and volatility quickly or lose your money.

You cant avoid risk and you will only win in currency trading if you know how to manage it correctly and take calculated risks at the right time.

Leveraged currency trading can give you big profits, but it is very risky, dont let anyone else tell you otherwise.

MORE ESSENTIAL TRADER PDF's and MUCH MORE

On all aspects of becoming a profitable trader including features systems and FREE FOREX PDF's visit http://www.net-planet.org/index.html"

Friday, October 5, 2007

Day Trading Your Way To Success

If you are interested in day trading you first need to know what it is all about and to understand the basics of day trading. For starters, a day trader is a person who is very active in the stock market and makes several trades a day in an attempt to make quick gains by buying and selling stocks in a short time span.

As the market is never the same day to day, no one particular day trading strategy will work each time. To be successful, you first need to understand how the market works and get a feel for the market.

This includes recognizing the stocks' basic trend, the long and short setups, when to enter a trade, and where to place stops. Another very important basic is how to protect your profits and minimize losses.

Once you have learned the basics and are ready to try your first day trade, here are some tips and guidelines you should keep in mind that is essential to your success as a day trader.

Being a day trader requires a lot of time and practice before you get used to the everyday volatility in the market. Do not expect to become an expert day trader overnight. No matter how many books you have read or day traders you have watched, that will not make you an immediate expert.

There are day trading websites that simulate trading. Practice with their trading platform first before trying out the real thing. It could save you a lot of money and you will learn the ropes faster this way.

If you are ready for real live trading, do not be scared by the thought of losing money. There are ways to minimize your loss such as with stop orders.

If you lose money, do not worry, as some loss is to be expected. Just remember, with increased experience and sensitivity to the market, you will start turning a profit soon.

If you profit large sums of money, stop trading. Do not gamble it away by trying to gain even larger profits. You can always trade another day.

Sometimes the market will not perform as you expected. When you encounter this situation, it is best that you do not trade at all.

Once you gain more experience in day trading, you may be able to predict the direction of a stock price. However, try not to pick top stocks or bottom stocks. This is one of the most common mistakes of a beginner.

If you cannot predict where the market is heading, it is best if you stand aside and wait, or you can always go home and trade again another day.

It is a good idea to record all of your day trading results. This way you can learn what works and what does not, and be more effective in trading.

Observe good traders. Look at how and when they sell or buy. Generally, good day traders often buy on bad news and sell on good news.

Beginners often get emotional in their trades. Avoid this at all cost, stay emotionally detached and professional.

Learn to trust your instincts. Relying too much on analysis may mean letting a few good trades slip away from you.

As you gain experience, you will see that different day trading strategies are required on different days and required on different stocks. Be flexible.

Bad day traders often focus on too many stocks that are not manageable and often lose track on where each stock is heading. It is wise to limit your stocks in manageable numbers.

With patience and practice, you can be successful in day trading, and as your experience grows so do your profits. Everyday you can learn new day trading strategies in the market, which you can use to your advantage.

For a more in-depth look at day trading drop by Susan's site at Day Trading Strategy. Susan also enjoys writing on a variety of topics at Health and Fitness Hub.

Contrary Trading - 2 Indicators for Big Profits a Live Example

Here we are going to give you two indicators to use with simple support or resistance to isolate contrary trades that offer great returns and low risk.

We are going to apply them to a live example shaping up right now.

The indicators we are going to use are:

RSI To spot the turn.

And

Stochastics to time entry.

Both these are explained in other articles; here we are going to show you the set up.

Pull up a chart service such as Futuresource.com and go to the Dollar v Yen chart.

If you look at the dollar yen you will see the price falling toward support nearby support is the recent double bottom then the December low.

Now look at the RSI each time it has fallen to oversold levels (the bottom black line) prices have bounced near these levels and risen.

Watch the RSI carefully as we approach oversold levels which we are now.

Now its time to look for support to hold.

To do this use the best timing indicator the stochastic.

At present both lines of the stochastic are pointing down showing weak price momentum.

Wait

Watch for the lines to cross to the upside with bullish divergence indicating that price momentum is turning to the upside above support.

This means the bulls should take charge and only a break below Decembers low on a close basis puts the yen bulls in charge.

Right or wrong, this trade will give low risk and high odds of bounce in the dollar.

If the trade were stopped out the risk would be low, but the bounce if this level holds should be strong.

The key is to wait for price momentum to change - with a bullish stochastic momentum turn to the upside and not simply enter and hope support holds.

The RSI helps you spot the trade and the stochastic gives an idea of the change in momentum and when to take the trade.

Using RSI, support or resistance and stochastics is simple but can be very effective at spotting high return low risk trades.

Try the combination for yourself and see how effective it can be.

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Financial Spread Betting - 10 Strategies To Help Create Success

Financial spread betting is easier to understand than many believe. This simple ten point guide offers you the tools to enter the financial spread betting market with more understanding.

1. Practice makes perfect
If you are a novice then the world of financial spread betting is full of dangers. I would suggest opening up a demo account. There are plenty of companies that will allow you to do this. They usually give you up to 10,000 to play trade with. Get comfortable and then go to real money.

2. When opening up a real account
Companies will let you set up for as little as 200. I would suggest setting up your first account with a minimum of 1,000. This will allow you to absorb more losses than with 200 or 500, keep your betting size to small fraction. I suggest that 2% is an ideal maximum risk but with a small account 5% is generally figure used.

3. Start Slow
The UK FTSE 100 is a good place to begin. The blue chip stocks are even better as they are more liquid. The US stock market and Forex (Foreign Exchange) is generally too volatile for a beginner.

4. Increasing your profits
The best time to bet is when you believe the market is going to move sharply either up or down. This is done only by studying the market and noticing trends and practicing also helps. There is software to buy that can help you predict the market.

5. Never Average Down
This means simply never increase you position when the market moves against you. Although if you are up then increasing you position can be advisable; a good example would be when you open at 1 a point on the FTSE at 6000, stop loss at 5900. The market moves to 6100. That means a profit of 100. In this example you buy another 50p and moving your stop to 6000. Should the market move against you, you will break even on the 1 point per trade but be 50 up on the 50p per point trade. (If this doesnt seem to make sense just read again slowly and it will become clearer).

6. Daily Bets
If you decide to bet daily make sure that you have access to the all information constantly. For the beginner it is easy to spot general trends that take place over days rather than hours. Daily betting can lead to small losses accumulating into large sums. The desire to cover you losses becomes greater.

7. When betting
To make sure that you are covered always use firms that give firm quotes on the screen. Use proper regulated firms. There are unscrupulous people out there who will not think twice about taking your money.

8. Telephone betting
If you close a deal by phone then state your requirements firmly and accurately (ask them to repeat back to make sure). Check you contract note carefully and never ever expect advice as it is against the law.

9. Minimising your losses
When placing your bet always use a stop loss (maybe even a guaranteed stop loss) and perhaps a limit order. This will then protect you if the market suddenly turns against you.

10. Profits
In the first six months dont expect to make a profit. You will be refining your technique in the real world environment. Please be strict with yourself and bank even small profits rather than betting them again for bigger gain. It will take a long time before you know technical analysis very well. The first six months will also be about finding out about yourself and if you can deal with losing money. If you cant handle the fear of losing money then step away.

Financial betting can be confusing and scary. If you feel overwhelmed then just sit back watch the markets and wait until you feel safe to stick your toe back in the water. When you start to master the intricacies of financial spread betting then it can be a rewarding and even fun experience.

The financial spread betting review website offers an simple guide to financial spread betting The website is owned by Jamie Forston-Merrel a fianancial analysist from London.

One Of The Most Important Formulas An Investor Can Use

If you're investing in real estate as a source of income, or to turn a profit, one of the most important formulas you'll encounter is the capitalization rate on a revenue producing property. If you're an experienced investor, a lot of this is going to seem old hat, but to show how all the pieces fit together, we're going to have to cover everything carefully.

The first is an acronym, NOI or Net Operating Income. Net Operating Income is a subset of the more commonly used terms "EBIT" and "EBITDA". EBIT is "Earnings Before Interest and Taxes" and EBITDA is "Earnings Before Interest, Taxes, Depreciation and Amortization". For the most part, we can treat NOI as a synonym for EBIT, and since NOI is the term most commonly used when evaluating income generating properties, we're going to use it instead of EBIT. As always, this sort of advice is meant to give you a layman's perspective; do talk to your financial advisor about this.

NOI can be characterized as "Are we turning a profit yet?" It's a very simple calculation take the money that's coming in, subtract the routine operating expenses (like rents going out, utilities, maintenance costs that accrue monthly, and salaries) and what's left over is your positive cash flow, or net operating income. This does not take into account interest payments on the debt used to secure the property, or the pinch from taxes. A more formalized accounting term also deducts depreciation and amortization of fixed expenses; while those are important if you're holding on to the property for income generation, from the perspective of someone considering the purchase of a property.

When evaluating commercial properties for purchase, NOI is one of three critical evaluation criteria. In general, you want to buy properties that have a low NOI and improve them if you want to turn the property over quickly for a reasonable profit in a short period of time. If you're looking at doing a "buy and hold" strategy, of owning rental property for the purposes of generating regular income from it, you'll want one with a good NOI, preferably one that can be improved for a little bit of investment and improvement.

The next criterion to consider is purchase price. Purchase price is market driven. It's what the seller (or the mortgage broker) is trying to get for it, based on similar properties in the region, or on physical features of the property. In the current real estate market, the asking value price is particularly volatile. Take the sale price of six similar properties, throw out the high value and the low value, and average what's left, and be sure to check this regularly update this metric at least once a month.

For commercial or revenue generating properties, there's also a third metric to consider, capitalization rate. Capitalization rate is a measure of the ratio of annualized cash flow (NOI) divided by the purchase price of the property. For example, if you're looking at buying an apartment building with 16 apartments, each of which generates $600/month in rent, and has fixed monthly costs in salaries and maintenance budget of $4,000 per month, the net annual income at 12 out of 16 units occupied is (600*12= $7,200-$4,000) or $3,200 per month. Multiply this by 12, or a net annual income of $38,400, for an average occupancy of 75%. If the purchase price of the property were $400,000, the cap rate is $38,400/$400,000, or 9.6%.

Cap rate provides a "reality check" on requested purchase prices; for most of the US, typical income property cap rates range from 3%, for properties with high tenancy values and steady income generation, to upwards of 12-13% for run down properties in bad neighborhoods. If you assess the current value of the leases signed by tenants at a presumed cap rate of 7-9%, you'll get a good bellweather on how sane the asking price of the property is.

For example, the property we mentioned above, that generates $38,400 in annual income at 75% occupancy, divided by 0.08, has a "cap rate" derived baseline price of $480,000. It's example asking price of $400,000 is actually pretty low based on typical market conditions. On the other hand, if the asking price were $700,000, with a cap rate of 5.4%, it's probably not something you're going to earn out on quickly as a buy and hold property, though you may be able to pursue a buy and re-sell strategy with it with some success, if there are obvious improvements that can be made to improve tenancy, or justify rent increases.

While Cap Rate, and deriving an income based cap-rate "asking price" are useful, remember that all three factors Net Operating Income, purchase price, and cap rate are all intertwined variables. Look for things like seasonal renting patterns; for example, properties near college campuses bring new tenants in with the ebb and flow of semesters. If you're looking for a "buy and hold" strategy, properties near college campuses can be quite worthwhile, albeit prone to a bit more maintenance woes than might otherwise be the case. If you're looking for a "buy and sell" strategy, look for properties that can be fixed up, and use the cap rate and NOI calculations to find properties that are undervalued by the market.

Whichever strategy you pursue, remember that patience pays for itself in real estate investment. The aim is to make your money work on your behalf, by buying properties that either generate an income for you to live off of, or by buying properties that can be turned over within a year or so of capital improvements.

Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc. work with builders, developers and other players in the commercial real estate industry to acquire and develop properties. They use progressive investment strategies that have proved extremely profitable. In addition to their own deals, they teach both seasoned and inexperienced investors how to be big players in the game. Visit the website for more info.

Is Using A Domestic Forex Broker Better?

In the business of foreign exchange (FOREX) trading, the number of brokers worldwide is rapidly increasing. It is no wonder, since FOREX is becoming more and more popular with the masses. Brokers provide the online platforms for these budding retail traders to use. In the scheme of things, one will inevitably find that FOREX brokers are not all equal in many respects. In deciding which broker to use, a trader will consider many variables, including, but not limited to, the minimum deposit amount for opening an account; margin requirements; the spread (brokers compensation) for the currency pairs traded; ease of use regarding the platform traded on; risk management features provided, such as stops, trailing stops and limits; and, the reputation of the broker in dealing reliably and fairly with its customers.

Another matter for consideration in the comparison analysis would be determining the country in which the broker is domiciled and primarily operates. Because the internet attempts to make global trading a seamless experience, one could easily overlook the fact that the company he or she is seeking to do business with online is located entirely in another country. Furthermore, even if this fact is known, one may ask why it makes a difference. We are, after all, engaged in international trading of sorts, and will probably never meet anyone from the brokers office face to face anyway. The question is a fair one which deserves a fair answer.

Lets start with the fact that, at some point, you may wish to withdraw all or a portion of your funds from your FOREX brokerage account. Domestic transfer of funds, whether by bank wire or otherwise, is usually faster than international transfers. This would be a significant factor, if you needed to access your money in a hurry. In addition, due to such laws as the U.S. Patriot Act, international transfers of monies, especially larger sums, attract greater scrutiny by government and financial agencies and may, in fact, significantly delay receipt of funds withdrawn.

Most online brokers have a terms of use agreement which you must accept in order to become a customer. A careful reading of the agreement is necessary for you to understand applicable provisions, including those which may limit your remedies, define the legal forum in which you may seek such remedies, and describe the type of trading procedures and strategies which you may or may not utilize on the chosen platform. If, for example, a foreign broker limits the forum for seeking your remedies to the courts or arbitrators of that particular country, then your ability to be successful in seeking your remedy is severely hampered by the distance between you and the country where the broker is located. Naturally, it would be more beneficial to you if there was an affiliate office for the broker in the country of your residence. Still, the terms of use will control the choice of jurisdiction and venue, as well as the type of resolution possible. The bottom line here would be to read the terms of use very carefully before parking your funds at any brokerage.

Do not forget the fact that the FOREX is unregulated as a worldwide market. There is no central authority regulating the entire industry. Each country can chose to regulate FOREX trading within its own territory. However, this localized authority will do little to affect the overall market. A trader who chooses, therefore, to trade with a foreign broker must consider the possibility that if there is a dispute with the broker, the trader will have to find a lawyer familiar with the laws of the country in question. Such necessity could be the source of tremendous frustration in matters such as unfamiliar billing practices, elevated expenses due to distance, time zone differences, as well as language and cultural barriers.

In conclusion, although the internet will continue to blur the lines of international commerce, choosing a domestic broker seems preferable to a foreign broker for the reasons stated above. Being able to save a pip or two on a narrower spread available from a foreign broker may not be enough to overcome the frustrations of a deal gone bad, if such should happen. In the event you choose a foreign broker, it is better to deal with one which has a domestic presence through an affiliated office. Accessibility in a time of need lends a tremendous sense of comfort. In any event, read the terms of use very carefully, as this will be the primary document for determining your rights and obligations.

If you are ready to change your future by stepping into the exciting world of trading FOREX, go to winningtradersassociation.com for more information. Sandy Robinson, J.D. is part of the Winning Traders Association, an educational organization founded by John Beiler, President. The organization consists of a network of committed trainers and motivated traders willing to provide support to those interested in trading foreign exchange. Many of the members work from home.

Sandy Robinson, J.D.
Copyright 2007

SECTION 409(A) and its Regulatory Cousins - What it Means for Private Companies

The IRS recently threw down the gauntlet and placed pressure on private companies to get their valuations right at no matter what stage of development they are. The Service has backed up this gesture by exposing private companies to substantial tax liabilities and penalties if they do not.

Since the enactment of Section 409(A), non-public companies have struggled with how they should establish that the exercise price of a stock option or a stock appreciation right (SAR) was determined reasonably to be fair market value. Up to this point, most private companies did not worry about valuing their stock very often, if at all. Private company valuations were needed usually for an imminent transaction, for an ESOP, or for estate and gift tax purposes. One could also throw in serious IPO candidates who obtain a valuation to avoid a "cheap stock" issue with the SEC.

Many private companies do not qualify for any of these scenarios; therefore they have not needed valuations in the past. As a result, companies and management that issue stock options could be somewhat unenthusiastic about this development. However, although a valuation in this situation can appear fairly cumbersome and superfluous, it's not all bad - just ask auditors.

Auditors have expressed a desire for this to be done for years. They are cognizant of this development because valuing stock options is a financial reporting issue under FAS 123 and they want to know how a private company established the strike price of its options. There is some liability risk attributed to auditors when they sign off on this standard, and a professional valuation provides them with a level of reasonableness and reassurance that they desire. Considering this, there is a potential for tax and financial reporting synergy here.

With a good valuation report on hand, both issues could be satisfied simultaneously - two birds with one stone if you will. First, let's examine the code and regulations driving this change.

Say Hello to the Culprits: IRC Section 409A requires private companies which award stock options that have exercise prices below fair market value to withhold income taxes on these grants. Significant penalties on non-complying option grants have placed private or closely held companies under increased pressure to be able to support and defend the fair market value determinations.

FASB 123, Accounting for Stock-Based Compensation, provides alternative methods of transition for a voluntary change to the fair value method of accounting for stock-based employee compensation. FASB 15X (Working Draft - issued October 21, 2005), Fair Value Measurements, established a framework for measuring fair value under a wide variety of accounting pronouncements that require fair value measurements.

In developing FASB 15X, the Financial Accounting Standards Board considered the need for increased consistency and comparability in estimates of fair value and enhanced disclosures about the estimates.

In most cases, when company management determines value and option pricing using an informal, internally generated valuation, the tax burden will be on the company to prove to the IRS that the fair market value of the equity is reasonable. In light of the recent regulatory changes announced over the past year, many private companies are proactively adopting one of the "presumptive" stock valuation methods set forth in the proposed regulations.

Procuring a qualified independent appraisal will cause the burden of proof to shift to the IRS and may only be rebutted by the IRS if the application of the method is found to be grossly unreasonable.

Bryce Erickson is Vice President of Dallas-based Erickson Partners, LLC, who have provided independent, accurate, defensible opinions, business valuations & business appraisals for over 30 years. For more information, check out http://www.ericksonpartnersllc.com

Forex Trading - Mindset of The Millionaire Forex Pro's

Forex trading can be learned by anyone yet few succeed so what separates winners from losers? While a method is important, so to is the right mindset and here we will look at 3 character traits all the top traders have.

1. Success Comes From Within

Top traders do their homework and devise a trading logic and forex trading strategy they know backwards in terms of how and why it works and why it will be successful.

Contrast this with the amount of losing traders who buy an e-book from a vendor and then blame them, when the few hundred bucks they spent, didnt make them rich! what did they expect?

Other traders blame anyone they can - from the market, to their broker and squeal like babies when they lose They are forgetting that they are responsible for their destiny, no one else.

Winners accept this and rely on themselves and so must you.

2. Confidence

If you have done your homework you will have confidence in your forex trading strategy and confidence is essential, as you have to follow your method through losing periods and know in your own mind, that you can emerge from periods of losses and emerge a winner longer term.

All successful forex pros have this trait and you need it to, as it leads onto a trait that is absolutely vital to forex trading success:

3. Discipline

This trait is needed to execute a method rigidly and not deviate from it.

Keep in mind if you cant follow your method with discipline, you dont have one in the first place.

If you think it is easy, think again its tough even for seasoned pros.

Many traders have great methods but fail due to lack of discipline.

Confronting the Beast

Trading forex is hard as only you can be wrong (its always right) it will make you look stupid (it does this to all traders) and it moves where and when it wants and there is nothing you can do about it!

However you can win you just need to obey its rules.

You are like a ships captain on the ocean. You need to obey its law and understand everything about it to travel on it safely.

For this you need to have knowledge, confidence in your ability and the discipline, to plot the right course If you can do this - just like the ocean has unlimited riches so does the forex market.

If you respect it and confront it with the right mindset you can win if you dont you will drown its as simple as that.

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Stock Trading Tips For The Online Stock Trader

Day trading is both art and science. When operating your stock trading business you will eventually get to the point where you can use your gut or instincts. When you are just starting out however you should rely on very specific paramters to enter or exit a trade as well as how to manage risk in each trade.

Identifying Significant Reference Points

When trading stock for a living, you obviously want to know what you are going to do next in a given price action scenario. The key to maximizing profits and minimizing risk lies in being able to anticipate where other traders are probably going to take action.

Using charts in your day trading, your objective is to locate areas where you believe traders will initiate a position or exit a position. Once you have identified those areas, you MUST begin to form if-then scenarios about how other stock traders will react if the expectations they had about the trade are met, or just as important, if they are not met.

What I mean by this is simple, while you are trading, you should always be prepared for any scenario, meaning what needs to happen for me to initiate a trade or exit a trade. Most traders are looking at the same intra day information, once you understand fully what you will do under any circumstance, you will have a much better idea how the majority will react.

If you are in an uptrend and get long, what does price action and volume need to look like in order for you to no longer to want to be in the trade any more? Now here is something I hear very often from traders who are disciplined, I am getting stop loss to death. I am correct on most of my trades and make no money.

How do you solve this dilemma? The first technique is asking yourself two simple but very important questions. Did the circumstances for my trade scenario change or is this move just noise? How do you know the difference? The answer is simple, pay attention to the tape, the volume printing in time and sales. Did significant volume hit the tape that would tell you large traders have an urgency to buy or sell shares? Or did price move without many shares trading hands? If price moved but few shares traded, your original idea is still probably valid! Stick with the trade.

The second method to earning what you should when your call on the trade scenario is correct is utilizing time tested order entry techniques.

Order Entry Techniques

Understanding how to manage share size is crucial to your success as a trader. Money management is how much capital you will allocate to a particular trade; risk management is how you will manage that capital. Risk scenarios will include stop los parameters and share size allocated to the trade based on stop loss points and risk per trade as defined by money management.

Too many traders make the mistake of trading the same share size all the time, regardless of conditions or risk points. I often hear My share lot is 1,000 shares per trade. Wow this is a huge mistake. To be a consistent stock trader you need a predefined plan for how you will acquire the shares for a trade. Simply put, if you want to get to 1,000 shares for a trade scenario, how are you going to get them?

We recommend two strategies. One is building a position in a strong trend the second is entering a small portion of your intended total position and adding to it only when the position has moved in your favor.

In order to build a position you must have confidence in the strength of the trend. If your goal for example is to have 1,000 shares of a stock, you would buy the 1,000 shares in pieces as the stock pulls back or pauses in the trend. You may do it in two or three pieces, for example 400, 300, 300 for a 1,000 share total for the position.

I can hear what you are thinking, why is he telling me to average down? Averaging down means you wanted 1,000 shares, got 1,000 shares, the trade moves against you and you go get another 1,000 shares. That is like marrying the same woman you got divorced from, getting more of what is not working. To build a position like this you will need to identify a window where you would expect the pullback to stop, we teach in our Equity Trader 101 course to use the 20SMA as the area we anticipate the pull back to stop. Stop loss will be based on the full size position.

The second method is price confirmation. Using this method you will enter one third to half of your total position. When and only when the position moves in your favor you will add to it. Using this method it is common to scratch a few trades, take a few small losses and small profits until you finally feel comfortable that you have a good head start on the trade in your intended direction.

Obviously re entry is a big part of this method. Think carefully about what this method is allowing you to you to do, you are wrong on the fewest shares and correct on the most shares. It is terrific money and risk management. It will prevent you from being in a position where you will need to be perfect on your entry, you will gain valuable information based on how easy or difficult it was to get filled.

If you would like some help with any of the topics covered in this newsletter, please feel free to send me an email and we can work on it together. prenzulli@keystonetradinggroup.com

If you are trading remote and not taking advantage of the leverage and competitive fee structure available from Keystone Trading Group, please send an email to info@keystonetradinggroup.com to inquire about rates or extra intra day buying power. Please be sure to put in the headline the subject for the email so that it can be directed to the proper department.

Once again thank you for deciding to receive our educational newsletter on your path to becoming a complete trader.

http://keystonetradinggroup.com/

The founders and instructors of Keystone Trading Group have managed a profitable short term trading desk for the last seven years. Our specialty is stock trades lasting from 10 minutes to five days

Canary Wharf - The New Reality

How many mystics are there in Canary Wharf in London's Docklands? Yes, we all know about the bankers. Canary Wharf is one of the biggest financial/banking areas in the world, but little is known about the other side of this famous place. I'm talking about the hidden side - the shamans, soothsayers, sages, money-fuelled zombies and even gods.

Mysticism has taken off in Canary Wharf in a way that would have shocked people only a few years ago. Merchant banks such as Dodger Coombes are employing money mystics - these peculiar people who can see how the markets will be in a month's time, and quite often a year's time. Their skills are invaluable. Tatum Jones from the Dodger Coombes prediction department says, 'We need mystics now. We can't compete without them. And we are also considering getting a few shamans in. I've heard the students at the Chaos College of Finance in the City are coming along in leaps and bounds. We hope to employ a few of them as soon as they get their diplomas.'

Where will it all end? The City of London also has its fair share of mystics, but until now financial centres overseas - such as Wall Street - have resisted. This could be changing. I recently reported that a statue of Big Herb the money god has been erected on Wall Street. They seem to like it over there. I believe within the next year banks and other financial businesses worldwide will be employing mystical workers as a matter of course. It makes sense. It is the way to go.

Michael Fowke writes at http://moneyistheway.blogspot.com/

Etopps Trading Cards - The Next Generation Of Sports Card Collecting

Im sure at one point or another you may have purchased a pack of baseball cards, whether they are for yourself or others. We all had the concerns of what cards we would get and the condition in which they came --and were kept-- in. The number one sports card producer, Topps, has helped to take the guess work out of the card industry. How have they done this? Theyve created a unique card collecting site named Etopps.

What is Etopps? Well, Etopps is an online community that allows you to buy, sell and trade exclusive cards from Topps Inc. Currently, sports offered are Baseball, Basketball & Football. Etopps has also recently signed a deal with the WWE to begin producing wrestling trading cards.

Etopps itself operates as a quasi style stock market, with a pricing system that looks similar to that of a NYSE stock.

New cards are offered each Monday and are given an IPO price (Initial Public Offering) and a Print Run, which is the maximum number of cards that will be produced of the player in question. At the end of the week all buy orders are calculated and the cards are then distributed to a purchasers account.

The online trading and selling capabilities helps to create a liquid market. By liquid, we mean it is very easy to buy and sell an Etopps card. Traditional sports cards are typically traded on

Once inside your account, you will know have four different options. The first is to hold keep your card. The second is to trade your card with others in the Etopps community. The third option is to have a physical card shipped to you. But you will have to pay a shipping few and you will lose the liquidity of the online Etopps market. The fourth and final option is to sell your card to another Etopper. Selling is mostly done on Ebay, and obviously the goal is to sell your card for more than you paid for it. The trick is, like with any market, is to buy low and sell high.

Next time around will take a more in-depth look into some of the strategies involved with trading in the Etopps marketplace.

Matthias Koster, runs http://mretopps.com - Mr Etopps, a website devoted to anylazing the Etopps market.

Trading and Investing in Stocks and Shares - An Introduction

There is a lot of money to be made from stocks and shares but the only hitch is nobody knows a sure fire way of a method. Let us now see some of the basics of stocks and shares. You can earn money in two ways by investing in stocks and shares. One is trading and the other is investing.

Buying and selling stocks, shares, futures and options over a short period of time is known as trading. If you buy shares, stocks, futures and options and retain them for a longer period of time then it is known as investing.

Besides the above, there is no get rich quick scheme which works. If such schemes work then almost everybody would be a millionaire. Money can be made by selling stocks and shares but it cannot be done quickly by buying and selling without reason. The patient, careful and intelligent investors definitely make big profits in the stock market when compared to the overeager and reckless speculator.

Stocks and shares should be bought when their prices are low and wait for the price to rise to earn a decent profit over a longer period of time.

A prudent investor should not worry about the downs and ups and look for the long-term cycles. If these simple principals are not followed, there is not going to be any profit for an investor.

Presuming it is going to fetch more money, never buy a stock or share when the price is going up, it is wrong. If the peak price is reached at the time of buying then the investor will be holding a stock or share of which its price will be slowly sliding down and you will ultimately end up with a loss

There are certain golden rules to be followed when investing money in stocks. Never invest more than three percent of the total portfolio in one stock. Over time, a successful investor should make all efforts to protect the capital base.

When a wrong decision is made, accept it and cut down the loss immediately by five to fifteen percent rather than wait for more time thinking the situation will improve. Follow the performance of the stock and never deviate from the stop loss point to limit the loss in case the stock does not perform up to the expected standard. Find more info at www.investmentresourcesonline.info

Never set price targets. Stick on to one style of trading instead of following various trading methods. The performance of a stock or share is reflected in the volume and price it is traded. Never get influenced by the opinions expressed by individuals.

Take note of all the signals emanating from the market which is connected with the stock or share you are holding. Do not get swayed by variations in data during the trading day. Reliance on such swings will lead to wrong decisions. A trader who is stressed out will be making a lot of wrong decisions, so take time out periodically during the day.

Lucy Bartlett is a proud contributing author. Find more articles here. For more info visit Investing or Trading