Tag: Manage

  • Poor Man Rich Soul – How to Enjoy the Richness of the Mind

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    If you are poor nonetheless, it does not matter if you know how to keep a mind full of richness. Trees do not have any bank accounts, credit cards, fancy cars or villas, do they? What they have are branches and leaves as well as that good soil to keep them growing. It would not matter if fall strips them bare for a few months, because they would survive again after that. It is great if we can learn this; that abundance did not spring from nothing and that keeping along matters a lot. Have not all trees started from a single seed? And it even requires courage, endurance and patience to keep growing. So here are some tips to bring forth that richness of the mind.

    Try Unit Spending
    When you find yourself not able to spend on many things or when you are constantly living on a budget, there is a way around it! What that means is for you to train your mentality to spend in an acceptable range based on your financial capacity. For example, if you are a person capable of spending in amount bearing up to thousands, then by all means spend one to two units less. That means, when you start spending in amounts of tens or hundreds, suddenly you find yourself capable of buying a lot more stuff! On the other hand, if you are person capable of spending in amount bearing up to hundreds, then by all means spend again one to two units less. That means spend in amounts of tens and below tens! You will find yourself a lot happier when you realize that there are still so many things out there that you can buy!

    If one of the keys to happiness is ultimate buying power, make it one that happens in relation to quantity instead of quality. At times when quality matters more, you can either realign a portion of your savings and go for the best options available or delay the purchase until the time and cost of the product falls at its optimal state. Consider buying in relation to quality only when necessary. After all market places deserve its fair chance of customer share. Certainly there are products that you could compromise easily on its quality, just be sure not to compromise those that should not be done so.

    Be a Good Person
    If you are usually a good person, chances are you can become popular among your friends and family. That notion itself is self reassuring. Less fear embedded in your mind as you already know, there are people willing to lend a helping hand still. Make sure you are a good person that has real, decent friends and that you have done your part when times are good. Say the down time is heavy, then what you should do is share those worries with your friends and family. Deeper bonded friendships will warm hearts and keep us going still. Bad times can also be perceived as an opening for new opportunities at bay. Work hand in hand and fight together to alleviate all sorrows due to poverty. Let all pass with good hope and constructive activities.

    A year older and a year wiser! Never outgrow this mentality. Learn and be wiser everyday. Find ways to manage problems or formulate strategies to overcome them slowly. Plant yourself to become one strong and healthy tree.

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    Source by Karen Chai

    Views: 0

  • Drug Addiction in Senior Citizens

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    Drug addiction in senior citizens is a significant and growing problem in the United States that few people are aware of. In fact, addiction that occurs later in life can be difficult to detect, and sometimes the person suffering from this disease might not even know that they are physically and emotionally dependent on a particular substance. Therefore, a policy of education about the dangers of addiction in older people is essential in order for those who are close to them to recognize any problem and know what options are available to get help. This is especially important considering that recent increases in the amount of older people entering drug rehab programs indicate this problem is probably far worse than we might think.

    The primary way that seniors get addicted to drugs is as a result of chronic pain management. Even under strict medical supervision, addiction to pain medications can and does still occur. This is because these types of narcotics work the same for everyone: they initially manage pain well, then the body develops tolerance and more of the drug is required. With an increase in dosage and consistent use, tolerance increases and eventually leads to physical dependence. Physical dependence almost invariably leads to outright addiction at a mental and emotional level. Therefore, seniors who are taking pain medications regularly are at increased risk for addiction. And because these medications are prescribed by doctors, most people consider them harmless and don’t think that addiction will ever become an issue. However, once it sets in, addiction is a lifelong affliction that can cause serious health issues.

    Another primary reason that older people become addicted to drugs or alcohol is as a result of lifestyle changes. These changes include the celebration of a life of toil and work, but can lead to some very bad habits. For instance, frequent dinners that include wine or beer can quickly become problematic. Before a person knows it, they’re having cocktails with lunch and dinner, and eventually Mimosas or Bloody Mary’s with breakfast.

    As a result of inactivity after a lifetime of working, some seniors have difficulty sleeping. Medications designed to help people get to sleep are extremely addicting and can lead to significant problems with memory loss. Older people who are addicted to sleeping pills often engage in strange or erratic behavior while having no recollection of doing so. And because sleep aids can lead to a persistent state of confusion, it can be difficult for a person to understand that they have a problem.

    Grief and depression is often a significant problem for senior citizens. As people get older their friends, family and associates age as well, and the loss of these people becomes a common occurrence. This combined with decreased levels of activity can lead to a state of depression that some people might seek to self-medicate with drugs or alcohol. Boredom and lack of exercise serve to exacerbate these problems.

    If you have an older loved one with a drug or alcohol problem, their very life could depend on you. The following options are readily available:

    Individual Therapy/Counseling

    Intervention

    Outpatient Rehab

    Inpatient Rehab

    Group and Family Therapy

    Don’t wait a moment longer to take action; the earlier addiction or alcoholism is treated, the higher the likelihood of success.

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    Source by Jim Debbies

    Views: 0

  • Advantages of Group Dating

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    Group dating is very popular in Japan and it is also known as ‘compa’ and ‘gokon’. Group dating is slowly becoming very famous in other countries also because through group dating people can easily find a suitable partner. The concept of dating in a group is very unique and different. In this system a girl and a guy who know each other from before plan a date in which each of them get 4 to 5 eligible friends. This date can be held in discos, bars, restaurants and hotels.

    So now let us discuss the most advantages of a dating in a group. These advantages will help you to understand this type dating in a better way.

    1. Socialize in group in a much better way
    As a group dating system involves trustworthy peers people can socialize in a much better way with each other. Group dating helps a person to learn from one another’s experiences. This type of dating involves a group of trusted teens who go out together in a group rather than in couples. Every parent want their kids to be in good company and influence, this type of dating helps them in this matter.

    2. Group dating helps in observing the opposite sex
    Teenagers are often interested in the opposite sex, but they are too scared of rejection. But in this type date setting, teenagers of genders can get to know each other very well. In this setting, every person can keep an eye on his or her friend, this helps in creating a better bond between friends and siblings.

    3. Can get acquainted with each other very easily
    This type of dating is most appropriate for those people who like some one but are not able to express their feelings. By becoming a part of this system they can get to know more about the person they like or love. Through group dating they get confidence and can face rejection more easily and boldly.

    4. No risk of temptation
    Having fun and getting to know each other are two main features of a group date. Kids involved in this type of dating are much better behaved because they want to impress each other. They avoid doing things that can harm their friends. Temptation is reduced to the bare minimum because kids are in the company of trustworthy friends.

    5. No pressure of impressing any one
    The main advantage of this type dating is that even if you do not manage to find a partner, you can still enjoy the outing or party with your friends. In a group dating even if you do not find a compatible partner you can still have a pleasant time, because you do not need to impress a particular person.

    These are the most important advantages of this type of dating system.

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    Source by Jessica N King

    Views: 0

  • Vagus Nerve Stimulation Therapy Can Eliminate Drug Cravings, Finds Study

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    Addiction to any substance can make the life of an individual topsy-turvy. From spending a fortune to deceiving own family, a person addicted to illegal substances can go to any extent. But how does addiction force someone to put so much at stake and then lose all? There are several factors at play when it comes to dealing with the growing problem of addiction.

    Cravings are a serious issue that torment numerous people fighting drug addiction, especially when they try to come off the addictive substance. Ironically, many people would have successfully attained long-term sobriety if cravings did not crop up with addiction. Apart from being considered as the major obstacles in recovery treatment, cravings are also the root cause of relapse.

    A complete recovery from addiction happens only when a person is free from cravings. Living a drug-free life without the need for constant monitoring against drug cravings can be difficult for a recovering individual, but a recent study published in the journal Learning and Memory has suggested that drug cravings can be effectively treated with vagus nerve stimulation (VNS) therapy. Under the therapy, the patients are taught new behaviors that replace their old addictive behavior of seeking drugs.

    Role of VNS in addiction recovery

    In the University of Texas at Dallas study, the researchers revealed that the VNS therapy helped patients to recover from the maladaptive behavior of drug taking. VNS is basically a surgical process wherein a device is implanted to a wire threaded along the vagus nerve, which travels up from the neck to the brain and connects with the area responsible for regulating mood. Sized as small as a silver dollar, the device works just like a pacemaker. It primarily works by sending a slight electric pulses through the vagus nerve, which further reaches to the brain, thereby controlling the cravings and urges.

    The methodology is approved by the U.S. Food and Drug Administration (FDA) and is considered as a potential treatment for treatment-resistant depression, post-traumatic stress disorder (PTSD) and paralysis. The study further highlighted that VNS facilitates “extinction learning” of drug-seeking behaviors by reducing cravings and replacing the behavior associated with addiction with new ones. “Extinction of fearful memories and extinction of drug-seeking memories relies on the same substrate in the brain. In our experiments, VNS facilitates both the extinction learning and reduces the relapse response as well,” said Dr. Sven Kroener of the University of Texas at Dallas.

    Drug-free life is possible

    Though addictive substances succeed in temporarily alleviating emotional and physical pains of drug abusers, they have to eventually cope with the painful symptoms of substance abuse. Besides developing a number of physical and mental problems, many of these individuals also become self-destructive and suicidal in nature.

    Addiction to any substance can be life-threatening. Only a comprehensive treatment program involving detoxification, medications, psychotherapies and other experiential therapies like yoga, meditation etc. can help an individual get sober. Moreover, a holistic recovery management plan is equally important to sustain the period of sobriety and manage cravings. However, the extent to which health care practitioners can garner results in the treatment for drug addiction is dependent on the clinical characteristics of the patients that may vary according to the type of drug being abused as well as its quantity, duration and the method of using the drug (oral or intravenous).

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    Source by Barbara Odozi

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  • Lower Your High Blood Pressure Naturally: 10 Hypertension Secrets Your Doctor Won’t Tell You

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    When you were diagnosed with high blood pressure you were almost certainly advised to lose weight, take more exercise and to improve your diet. That sagely advice was most likely coupled with a prescription for synthetic anti-hypertension medication. Over recent years, research has shown that some natural treatments are just as effective as prescription medicine. This begs the question: Is there something doctors are not telling us?

    The truth is that there is a great deal we are not being told about how our condition can be treated. That is due in part to:

    • the way doctors are trained;
    • the reliance of medical services on pharmaceutical products; and
    • a general lack of understanding of natural remedies.

    The irony is that the pharmaceutical companies develop products that mimic the effects of these natural hypertension remedies.

    The 10 Hypertension Secrets Your Doctor Won’t Tell You

    Secret #1: Hypertension is not a disease.It is in fact a vital sign telling you that there is something wrong inside your body that is elevating your blood pressure.

    Secret #2: The only way to “cure” your condition is by dealing with the underlying cause or causes. Your doctor prescribes medication to manage your condition because he or she does not have the time to investigate every possible cause.

    Secret #3: In many cases, lifestyle factors contribute to or even cause our condition. We do not need medication to improve our lifestyle choices.

    Secret #4:The medications prescribed by your doctor only treat the symptom, not the problem.

    Secret #5: Adopt and follow the principles contained in the Dietary Advice to Stop Hypertension (the DASH diet). There is reliable evidence that this advice, if strictly followed can lower your BP readings to within normal levels in as little as three weeks. Even if it takes longer, the evidence suggests that the diet makes the medication you are taking more effective, resulting in a lower dosage being required.

    Secret #6: Eat three or four cloves of fresh garlic a day or take a good quality supplement.Our blood pressure rises as our body increases production of the angiotensin converting enzyme (ACE). Garlic contains a natural ACE inhibitor. This, combined with the high amounts of allicin found in garlic give it its ability to dilate arteries, thereby lowering our blood pressure.If ACE inhibitors sound familiar to you it is because synthetic versions are often prescribed to manage your condition.

    Secret #7: Keep properly hydrated.The general advice is that our bodies need two litres of water a day to maintain health. You can substitute fresh home-made juices, such as beetroot, carrot, celery or cranberry for part of this daily requirement as these are known to lower blood pressure.

    Secret #8: Replace your caffeinated drinks with green tea. For people with our condition, having caffeinated drinks is like throwing gasoline onto a fire. Green tea is low in caffeine and is loaded with antioxidants that have been shown to reduce hypertension.

    Secret #9: Drink an infusion made from extract of hawthorn each day. Hawthorn is another powerful natural ACE inhibitor. It is also a mild diuretic that lowers blood volume. Synthetic diuretics are another medication commonly prescribed to manage your condition. Sometimes they are used in combination with other medications such as ACE inhibitors.

    Secret #10: Relieve stress. It is well-known that stress can cause hypertension. Try some deep breathing exercises, reading a book, or listening to tranquil music. Practicing meditation or deep relaxation are also effective ways of eliminating physical and mental stress, thereby reducing hypertension.

    Now you know these 10 hypertension secrets your doctor has not told you, you can review how your condition is being treated. Lowering your high blood pressure to normal levels naturally is not only possible, it is not difficult.

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    Source by Robert Reddin

    Views: 0

  • Is MLM Dead? Top 5 Reasons Multi-Level Marketing is on Its Way Out!

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    What a simple question to answer. Right? Not a chance. How in the world can a sixty year old business model shrivel up and disappear? The truth of the matter is that Multi-Level Marketing or MLM has its place in society. The problem is, this model is totally antiquainted and just doesn’t deliver as promised. At the beginning, MLM was revolutionary and literally changed the face of business. Due to technology advances and computerization, the limitations that come along with the MLM structure and associated compensation plans, have MLM’s days numbered.

    What does this mean for the companies that have built there businesses around MLM? For now, it means that the the business consultants that are earning a substantial income will continue earning, less and less as their downlines shrink and are not replenished due to more sophisticated and much more lucrative comp plans. This has already begun and will pick up momentum as people get educated about the alternatives.

    So what are the limitations that have MLM begging for mercy? Lets look at the top five reasons that the extinction of Multi-Level Marketing is inevitable.

    1) Expiring Volume- Before computers, all sales had to be calculated and tracked by humans, which means that mistakes and errors occurred. The longer the errors were carried over, the more of an impact they would have as they compounded. This is the reason that volume expires at the end of every month and the counters start at zero again. Obviously computers have been available for at least 20 years, so why do these companies continue to have expiring volume? a better question is, why do new companies continue to use models that have expiring volume? The answer is that companies that predate personal computers can’t change without shortchanging their highest paid affiliates and newer companies that have volume that expires every month should never have started doing things this way. Either way, it makes it very difficult for average people to succeed this way.

    2) Horizontal Growth- In many cases the strategy that is employed is to start a new line of distribution with every business partner a leader “signs up”. In other words, you are creating a competitor out of all of your personally sponsored partners. Now they are not a competitor of yours of course but they are all competitors of each other and that creates a few problems. It is very difficult for most people to manage many organizations(most MLM’s suggest 6-15 or more organizations). It creates a sense of competition rather than team synergy. It separates people who should be in the same organizations one another.(family members, friends or co-workers). Lastly and probably most importantly, it splits the sales volume up between all of the “legs” which makes it much more difficult for your teammates to earn money.

    3) Organization built in “levels”- The major limitation of organizations built in levels is that no matter what happens or which business partners thrive, the leader is only able to get credit for so many levels of growth. What this means is that if and when any “leg” grows below the level in which the leader is given credit, there is a much less motivation of the leader to train that leg in depth. The biggest problem however is that often times it takes people leading to people leading to people in order for a new leader to emerge. I that process happens at a level below what the MLM’s compensation plan will pay on, the leader is just plain out of luck. Wow, imagine working day after day, week after week and month after month training a leg or team. The training pays off, growth happens and it is very exciting. As is supposed to occur, people lead to people and a superstar is brought into the team. It just so happens that the superstar is one level below what you are paid on and your just out of luck. THAT SU__KS!!!!!!!!

    4) Commission structured in percentages- All the limitations with levels discussed above are still an issue. The problems are compounded when the commissions or payments are calculated using percentages based on levels. As the level increases the percentage paid generally decreases. This reinforces the competition of teams and teammates and also puts the leader in the position where recruiting must continue in order to get large pay increases. If the leaders are concentrating on prospecting and recruiting new partners for themselves, how much time do they have for educating their downline? Not much and even if there was the time, how much motivation does a leader have to train partners that he is paid very small percentages on.

    5) Sign up game- Because of the structure of MLM’s and the philosophy of business plans, most of the emphasis is put on recruiting new partners and not on moving products or services to the end consumer. This limits the amount of volume that each partner produces. The focus of Multi-Level Marketing is to get anyone who can fog a mirror “signed up” and worry about whether they are qualified later. This aids in the high level of attrition and fallout that occurs in MLM. Attrition is is the other major factor that leads to limited commissions and the discouragement that is so common when talking with ex Multi-Level Marketers.

    The forgone conclusion with most MLM companies compensation plans is that because of the limitations noted above, expiring volume, horizontal growth, building in levels, paying in percentages and the sign up game mentality, they are just not designed for the “average” person to succeed. The business models are designed around what the company wants or expects from their distributors and not what can realistically be expected.

    At the end of the day, the vast Majority of people (approx 95-98%) that start a Multi-Level Marketing business never make a penny. Sure, they may earn a few two digit or three digit checks but for most it never amounts to even close to what has been invested. Thankfully we are not stuck in the 50’s or 60’s and there are new and improved compensation systems that do away with all of the drawbacks of MLM and truly give ordinary people who have some level of motivation and determination a real opportunity to set themselves free.

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    Source by Chris Olejniczak

    Views: 0

  • Review of Secrets of Self-Made Millionaire Book by Adam Khoo

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    This is the first Adam Khoo book I bought, and it really caught my attention. I have heard of Adam Khoo on numerous occasions and wonder what he is like running a few successful businesses making him a self-made millionaire.

    Adam did not immediately dive in to explain the methods he used to achieve great wealth. Instead, he explained how self-made millionaires think which allows them to see opportunities where others see problems. Once you adopt the habits of a millionaire, a whole new world will begin to open to you and is fundamental to wealth creation.

    The next fundamental aspect I learned from Adam about wealth creation is to set crystal clear financial goals. All of the millionaires, billionaires in the world have at some stage of their life decided that they wanted to be rich. From there, the rich will create high level financial goals for themselves to reach within a certain time frame and a specific whole figure is often used as their target. Lets say you want to increase your monthly income to a higher figure, you need to change your strategy.

    With the goals and target set, you create a plan and execute it accordingly. If your goal is to achieve a targeted portfolio, in your plan you will provide how much you need to save and invest each month along with the rate of returns to reach your target in the allocated time frame. If your goal is to increase your monthly income, in your plan you will provide the methods of increasing your primary income source along with any other income source you need to start anew.

    With the financial plan created, you will find that it is going to be a steep uphill task to achieve the targets set in your plan. Many people give up without achieving their dreams. How do you increase your income at the rate that will allow you to achieve your targets? That’s where Adam teaches us how to massively increase our income in any career along with creating a home based internet business.

    Increasing your income in only one side of the coin. The other side of the coin is to reduce expenses. Many people get into serious debt no matter how much income they earned because they failed to manage their expenses, spending more than they earn. It is even easier to get into debt when salespeople from banks constantly push you to sign up for their credit cards. Adam illustrates the essential money skills you need to have and how to reduce expenses without lowering your current standard of living.

    When you increase your income and reduce your expenses, you will have surplus funds. We have to put this surplus funds to work for us instead of just working hard and saving alone which will not make us wealthy. Using the theory of compounding, you can turn small amounts of money into a huge amount over time with discipline. All rich people use investment vehicles to help them create their wealth and the stock market is one such vehicle. They understand both the risk and returns of the stock market allowing them to achieve returns in the range of 15%-25%.

    Last but not least we need to know how to protect our wealth after spending so much time and effort to build it. Unforeseen circumstances can happen and wipe out our wealth if we are not prepared for it. The rich always engage experts to help them protect their wealth from unscrupulous people.

    I highly recommend Adam Khoo’s Secrets of self-made millionaires if you want to learn how to build extraordinary wealth using multiple sources of income. Many areas of his book have exercises for you to practice what he has taught to accelerate your wealth creation. Get his book now!

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    Source by Raymond Heng

    Views: 0

  • The Importance of Randomized DOT Drug Testing

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    Catch Drivers Off-Guard

    There is a reason for randomizing the DOT drug testing. If drivers know when to expect the drug test every month or every quarter, they’re going to know when to stop using drugs, if they are using. They will know exactly how long it takes to flush out of their system in order to get a negative result.

    By randomizing it, you catch drug abusing drivers off guard. They never know when you are going to call them in for a drug test, and therefore if they are using, you are likely going to catch it. This will allow you to learn more about your drivers and keep the roads safe. If for any reason you catch an employee who is using, you will be able to apply the necessary disciplinary action, which can include termination.

    Deter Drug Users

    You want to be smart about who you bring onto your team. You don’t want drug users and therefore, you may be able to detect any of them when you announce that you offer a randomized DOT drug testing. The moment they hear randomized, they know they will not be able to beat the system. Therefore, they are likely not even going to apply to your company – they will move on to someone who has yet to randomize their testing.

    Ensure No One is Being Targeted

    Employees often like to say that employers play favorites. This is something you have to be extremely cautious of. If you don’t randomize your drug testing, it’s likely that someone will feel as though they are being targeted. Particularly if you have a third-party running the program, no one will be able to claim such a thing.

    It Allows You to Be Complaint

    The DOT wants to be sure that you are running the best program possible. This means that they want you to be randomized, and being compliant is of the utmost importance. If the Department of Transportation decides to conduct an audit on your location and you are found to not be randomizing your DOT drug testing, you could be fined.

    In the end, there are plenty of reasons as to why you want to conduct a randomized drug test. Whether you are a large company or an owner-operator, you need to remain compliant. This doesn’t have to be a task that you do completely on your own. Assistance is available to conduct all of the drug testing, and manage the entire program, should you desire.

    Take the time to explore your current system and determine whether it is running effectively or not. If you aren’t randomizing the drug testing, get started right away. If you are inundated with the process, seek assistance.

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    Source by Jeff Weigang

    Views: 0

  • The 7-Point Trading Plan Template

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    One of the first things beginning traders are told to do is to create a trading plan that will spell out a trading strategy and a list of rules to follow in implementing that strategy. The only problem with that advice is that beginning traders don’t really have any trading experience, and thus are lost when attempting to craft a trading plan for their trading.

    Another problem with trading plans is that beginners are instructed to treat their plans as gospel and are told not to deviate from them. This prevents traders from adapting their strategies and rules to improve their performance, an essential step in every trader’s learning curve.

    Instead of a rigid document to be created early on in your trading career and never to be changed, you should instead view your trading plan as a living and breathing set of guidelines, capable of being modified as you gain trading experience. This article will teach you how to create a trading plan that will guide your trading efforts without stunting your progress.

    The 7-Point Trading Plan Template

    In creating your trading plan, here are the items you should include:

    1. Markets – What markets will you focus on? Be as specific as possible – if you’re trading stocks, what types of stocks will you concentrate on?

    2. Timeframe – How long will you hold your positions for? Will you be a day trader focusing on trades lasting a few minutes, or a swing trader holding trades for a few days?

    3. Time Period – What times of the day will you trade? You may have outside responsibilities that prevent you from trading an entire trading day. Pick which times of the day best suit your style.

    4. Trading Style – How would you characterize your trading style? Perhaps you are a momentum trader focusing on trending stocks? Or maybe you specialize in a particular sector? Again, this can and will change as you gain experience and learn from your results.

    5. Risk Management Rules – This is an absolutely essential and often overlooked component of your trading plan. How will you manage your risk, both on a per-trade basis and overall? You should have a “stop trading” point which is a fixed dollar amount that will force you to stop trading if you’re down by that much.

    6. Mentor – Who do you follow and learn from as a teacher? Attempting to learn trading all by yourself is not only lonely, but foolish as it ignores the hard-earned wisdom of other traders. You can either repeat the mistakes of other professionals and hope to eventually learn the lessons and techniques that they’ve learned, or you can simply learn from successful traders and bypass those initial frustrations.

    7. Learning Process – How will you structure your learning process as a trader? What steps will you take to ensure you’re always getting better? How will you structure your trading journal?

    Trading Plan Example

    To show you this trading plan template in action, I’m going to fill it out according to my own trading style:

    1. I trade the U.S. stock markets, focusing on volatile stocks with sufficient volume. These stocks are typically the focus of news items and are thus “in play.”

    2. I am a day trader and hold my positions anywhere from a few seconds to a few hours. I’m primarily a scalper and am looking to take advantage of short-term imbalances between supply and demand. I will stay in a trade as long as I can identify a supply/demand imbalance.

    3. I trade throughout the trading day, although I focus most of my activity at the open and close of the trading day.

    4. While I have multiple styles, I would characterize myself primarily as a momentum trader that relies on tape reading to identify favorable risk/reward situations to enter in the direction of a trend.

    5. I’m fanatical about managing my risk, both on a per-trade basis and overall. Every trade I enter has a predefined stop-loss and I have a daily stop-loss to stop trading when I’m having a rough day.

    6. I’ve had a variety of mentors throughout my career, and now I talk with a select group of traders at my firm with similar trading styles.

    7. I review every single trade I make, always looking for ways in which I can improve. This may be as simple as cutting down my risk when trading certain stocks or altering my execution patterns.

    Your trading plan can be as simple as that, just a series of statements answering those 7 questions. You also shouldn’t spend too much time creating your trading plan as it will frequently change throughout your career.

    Summary

    Your trading plan will crystallize exactly what you’re trying to accomplish, but don’t view it as set in stone. Rather, your plan will grow and change as you gain experience and develop your own trading style.

    Your trading plan also doesn’t need to be a complicated document spanning multiple pages. You simply need to define what markets you’re going to trade, how you’re going to trade them (how long you’ll hold positions, what times of day you’re going to trade, and your trading style), how you’re going to manage your risk, and how you’re going to continue developing as a trader. By clarifying and explicitly stating those 7 key points, your trading plan will serve and support you in your trading career.

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    Source by Matt A Nadell

    Views: 0

  • My Wife Is So Sensitive! How to Manage This in a Compassionate Way

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    Feeling as though you’re walking on eggshells in your own home is never a good thing. Although women don’t have the market cornered when it comes to sensitivity, it can be a huge issue for many wives. Living with a woman who is super sensitive leaves a man on edge and can affect the emotional connection he feels with his spouse. Trying to deal with this in an effective and compassionate manner takes some insight, some carefully chosen words and a lot of patience.

    It’s very rare for a woman who is sensitive to only be that way with her husband. Sensitive people tend to carry that trait into every relationship they have including work based ones as well as other family connections. If your wife is just as sensitive with her siblings, her parents or the people she works with, you can take at least some small degree of comfort in that. It doesn’t, however, help you to deal with it in a way that will help your wife manage her sensitivity issues while at the same time ensuring your marriage continues to grow.

    Since you are her life partner you must become the safest person in your wife’s life. You want her to feel as though you’re the one person who truly understands her and isn’t focused on hurting her. To that end you must treat her as the fragile person she is. Simply telling a sensitive person to grow a backbone or to grow up only makes matters worse. People who are sensitive by nature, absorb negative things very deeply so they continually need positive reinforcement.

    Tell your wife on a daily basis how special you believe she is. Give her examples of what you mean. If she’s a considerate and doting mother, tell her you recognize that. If she’s committed to her career and is a perfectionist in that regard, let her know that you deeply admire her drive. If she senses that you are her biggest supporter, she’s going to see you as the shining light of her life.

    It’s incredibly challenging to have any type of productive disagreement with someone who is very sensitive. Even one harsh comment or negative remark can set them into an emotional tailspin. Once that happens nothing is accomplished and the initial conflict becomes more far reaching because feelings are deeply hurt.

    It’s important not to approach your wife if you’re incredibly angry or frustrated. It can be hard to temper what you feel in a moment like that and you may inadvertently say something that will pain her deeply, causing her to retreat into herself. Whatever the conflict is, it will still be there in an hour or two when you’ve had time to cool down a bit and logically think about the best way to initiate a conversation with your wife about it. If you come to a discussion like this with a calm and rational tone, your wife won’t feel too defensive which will help you to solve whatever the problem is.

    You can’t control what anyone else says or does to your wife. Sensitivity is often accompanied with low self esteem issues. It might be commonplace in your marriage for your wife to feel hurt or rejected by others if they criticize her in anyway. Once this happens explain to her that she can’t please everyone but the people who love her most think she’s remarkable. Hearing those words from you, when she’s feeling down, will help her tremendously.

    Love your wife the best way you can and be her supporter at every turn. By being sensitive in your own way to her sensitivity issues you’ll build a stronger and more mutually satisfying marriage. Your wife needs you to understand her so show her that you’re going to do that and more by always being mindful of her feelings.

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    Source by Gillian Reynolds

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