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Want to steal Warren Buffet's Stock Market Lesson Plans (Stocks)?

Why would you want to borrow a stock market lesson plan from someone else? Let me start by saying that a trading plan is only beneficial if you stick to it. Following your project will help you succeed, yet many traders ignore their carefully devised stock market lesson plans. Instead, they become so emotionally immersed in a trade that they disregard any warning indications. Remember that when the market corrects itself, which it always does, no position is exempt, no matter how vested your ego is in it. Many investors have stock market lesson plans in place, and they will continue to hold their positions even if their portfolio values are slashed in half. This is because they may be afraid of missing out on a big profit or being in such deep of a loss that they can't possibly sell at that time. However, even if you believe that all positions will return from their failures, which is unlikely, this is a lousy strategy to trade. When you invest too much money, your rate of return ...

'Must Haves' for ANY Business – The 2005 List

As a business consultant, I have the opportunity to meet hundreds of professionals from many industries each year. And time and experience have taught me that every modern firm needs a few "Must-Haves." Because my clients hire me to ensure that their business succeeds, the first thing I do is compile a list of "must-haves." So, here's what's in store for 2005...Computer and information security are ranked first. This is where the most harm can be done in the quickest amount of time, whether for tiny businesses, large corporations, or home-based start-ups. I can't emphasize this enough, yet most people don't pay attention until it's too late. So I've made it easier than ever this year. Consider the following... Consider a computer security solution that solves the problem at its source, costs less than $10 and takes less than an hour to implement. The book Computer Security in the Workplace does precisely that. Two Harvard IT professionals wro...

Metastock Part 3: Relative Strength Comparison (RSC) The Key Success Tool In Trading By Stock Market Sectors (MT) Metastock Part 3: Relative Strength Comparison (RSC) The Key Success Tool In Trading By Stock Market Sectors (MT) Metastock Part 3: Rel

I discussed how to code the first two of the four critical components of a mechanical entry system in Part 2 of Designing a Trading System in Meterstick . First, I explained how pricing and liquidity are coded. The steps for coding the last two components, trend and volatility, into Meterstick will be covered next in this article. You will have all of the codes for a mechanical entry system in the end. Let's start with identifying trends. When trading, keep in mind that 'the trend is your friend.' It would be best always to try to work with the movement rather than against it. Consider this: if you were swimming in the water and got trapped in a riptide, would it be simpler to swim with or against the current? Trading with a trend is the same way. Trends can be identified in various ways, and the method you pick isn't especially significant. You must, however, utilize one. For example, finding stocks trading at their current highs is one of my favorited ways to spot tr...

"How To Write A Riveting Sales Letter That Closes Sales"

How can you capture people's attention and pique their interest in reading your sales letter? Let's be honest. Your sales letter will fall flat if you can't capture prospects' attention and hold their interest. As a result, you won't make much money. Today, I'll show you how to enhance the earnings of your sluggish sales letter. How? Your sales letter will become more engaging as a result of your efforts. You weave a web of mystery and astonishing information into your message to keep your prospects on the edge of their seats. Of course, there are various options, but today I'll teach you three quick and easy ways to improve the readability of your sales letter right now. 1) The Twenty-Five Percent Rule: To put it another way, if the first quarter of your sales letter isn't fascinating and thrilling, your sales letter will fail miserably. So here's what you're supposed to do. You create an enticing benefit-laden title and subhead that draws folks...

What to Look for in a Problem Solver

I interview a lot of individuals as an executive recruiter. And while most candidates manage to make themselves look good on paper, their credentials don't always reflect their ability to handle problems. Nonetheless, every one of my clients wants to recruit problem solvers who can walk into their business and fix their problems. This is very understandable. Of course, business is all about resolving issues. You will always have challenges in your firm, whether growing or declining. And it's up to management to either figure out the answers or hire people who can. The latter is the subject of this essay. How We Learned about Solving Problems Most of us assume that there is always a correct or incorrect answer to a problem because of our traditional classroom education. As a result, we tend to investigate our most critical business problems as if we were solving for X in a math's problem, looking for a single "correct" answer. Despite this, many challenges in the b...

How to Get Fast Cash without Breaking the Bank

Many of us contemplate the ideal employment or business opportunity to supplement our income. We believe we must devise some grand scheme to raise funds for a pleasant vacation, a down payment on a car, or additional funds for our children's tuition. But, unfortunately, there are occasions when the perfect money maker is right in front of our eyes. Here are a few fast ways to get more money with the least amount of effort: Organize your closets. Take everything out of your closet that you haven't worn in a century. Get those old comics out of the closet, and dust off those old albums. As the adage goes, one man's garbage is another man's treasure. Hold a garage sale  Place it on eBay  Please sell it in a flea market and divide the proceeds with one of the dealers. Advertise in the Penn saver and local papers. Put 10% of your income into a savings account or, better yet, a high-yielding CD that you won't be able to touch for a year. Money market accounts are a bett...

ExchangeBuz.com | "How Do I" Begin Trading The Foreign Exchange Market? (3rd part)

10 REASONS TO START TRADING FOREX! A growing number of well-informed investors and entrepreneurs are diversifying their traditional investments such as equities, bonds, and commodities with foreign currency for the following reasons: 1) FOREX is the world's largest financial market. With a daily trading volume of around $1.5 trillion, the spot FOREX market can handle transaction sums that no other market can. Compared to the $50 billion daily equities markets or the $30 billion futures market, you have practically infinite trading liquidity and flexibility over millions of other FOREX traders. 2) The FOREX market is open 24 hours a day, seven days a week. The FOREX Market is open every day of the week, 24 hours a day. Trading positions can be entered and exited worldwide 24 hours a day, 5.5 days a week. Unlike stock trading, there is no need to wait for the opening bell. It's an (ONLINE) electronic currency exchange that operates 24 hours a day, seven days a week. If you only w...

ExchangeBuz.com | "How Do I" Begin Trading The Foreign Exchange Market? (Second Part)

HOW DO YOU READ FOREX CHARTS? What Do Forex Price Charts Mean and How Do You Use Them? Numerous facts are critical, such as discipline, trading regulations, not being greedy, and so on, but one of the most crucial is: LEARN TO READ THE CHART IN THE SAME WAY THAT YOU LEARN TO READ The market's lifeblood is represented by charts. Reading charts and deciphering patterns is, in my opinion, more of an art than a competence. USE YOUR OWN COMBINED TECHNICAL AND FUNDAMENTAL ANALYSIS METHODS TO BASE AND APPLY YOUR ENTRY AND EXIT DECISIONS. FOREX charts are simpler to read and understand. Moreover, compared to the stock market, which has its daily drama of corporate reports, Wall Street analysts, and shareholder demands, they reflect a country's slower-paced, steady economy. Currency charts, unlike equities, do not spend much time in trading ranges and tend to form influential trends. Furthermore, Forex is easier to understand than tens of thousands of equities due to its four major curr...