Tag: Ratio

  • THE DETERMINATION OF SEX

    THE DETERMINATION OF SEX

    The term “The Determination of Sex” is employed in two general senses in scientific circles.

    The first usage is that of the biologist, and it includes within its scope merely the discovery and understanding of the causes which determine whether the embryo shall develop into a male or into a female. In the discussion of the subject from this standpoint there is but little, if any, attention given to the question of whether the sex of the unborn child may be determined by methods under the control of man. The biologist simply studies the causes which seem to lead to the production of an individual of one or the other sex, without regard to whether these causes, when discovered, may or may not be amendable to human control.

    An authority, speaking of this standpoint concerning the question referred to, says: “We may discover the causes of storms or earthquakes, and when our knowledge of them is sufficiently advanced we may be able to predict them as successfully as astronomers predict eclipses, but there is little hope that we shall ever be able to control them. So it may be with sex; a complete understanding of the causes which determine it may not necessarily give us the power of producing one or the other sex at will, or even of predicting the sex in any given case. Whether we shall ever be able to influence the causes of sex-determination cannot as yet be foretold; at present, biologists are engaged in the less practical, but immensely interesting, problem, of discovering what those causes are.”

    The second usage of the term, includes and embraces the idea of the voluntary determination or control of the sex of the future child, by means of certain methods or certain systems of treatment, etc. Of recent years, science has been devoting considerable attention to the question of whether or not man may not be able to produce any particular sex at will, by means of certain systems or methods of procedure. Many theories have been evolved, and many plans and methods have been advocated, often with the expenditure of much energy and enthusiasm on the part of the promulgators and their adherents.

    In this lesson there will be briefly presented to you the general consensus of modern thought on the subject, with a general outline of the favorite methods and systems advocated by the several schools of thought concerned in the investigation.

    Professor Doncaster, the well-known authority on the subject, says: “But little progress has been made in the direction of predicting the sex of any child, and, if possible, even less in artificially influencing the determination of its sex. When the general principles arrived at are borne in mind, it must be confessed that the prospects of our ever attaining this power of control or even of prediction are not very hopeful, but the possibility of it cannot be yet regarded as entirely excluded. The general conclusions arrived at are that sex is determined by a physiological condition of the embryonic cells, that this condition is induced, at least in the absence of disturbing causes, by the presence of a particular sex-chromosome. [A “chromosome” is a portion of the chromatin, or substance characteristic of the nucleus of the cell, this nucleus seemingly controlling the life-processes of the cell.] But there is evidence, which for the present at least cannot be neglected, that certain extraneous conditions acting on the egg or early embryo may perhaps be able to counteract the effect of sex chromosome.

    “Quite generally, then, there are two conceivable methods by which the sex might be artificially influenced in any particular case; firstly, if means could be found of ensuring that any particular fertilized ovum received the required chromosomes; and, secondly, by the discovery of methods which always effect the ovum or embryo in such a way as to produce the desired sex. Many suggestions for applying both methods have been made, some of which have attained considerable notoriety, but hitherto none of them has stood the test of practical experience. In the case of the higher animals, especially of the mammals, in which the embryo develops in the maternal uterus until long after the sex is irrevocably decided, it is obviously difficult to apply methods which might influence the sex after fertilization, even if it were certainly known that such methods were ever really effective.

    “Apart from the few experiments like those of Hertwig on rearing tadpoles at different temperatures, there have been a very few cases in which there is even a suggestion that the sex of the fertilized egg can be modified by environment, and the belief that this is possible has been entirely abandoned by many of the leading investigators of the subject. It is probable, therefore, that if it will ever be possible to predict or determine artificially the sex of a particular child, the means will have to be sought in some method of influencing the output of germ-cells in such a way that one kind is produced rather than the other. It is in this way that Heape and others interpret the results of their investigations; they find that certain conditions affect the sex-ratio of cells, and they explain the result by assuming that under some circumstances male-determining ova are produced in excess, and under other circumstances, female-determining.”

    Professor Rumley Dawson holds to the opinion that the male-determining and female-determining ova are discharged alternately from the ovaries. In woman one ovum is usually discharged each month, and it is maintained that on one month the ovum is male-determining, and in the next, female-determining. It is obvious that exceptions must occur, for boy and girl twins are quite common, but if the cases which support the hypothesis are taken by themselves, and the exceptions explained away, it is possible to make out a strong case in favor of this theory. Some authorities hold that the right ovary produces male-determining ova, and the left ovary female-determining, and that the two ovaries discharge an ovum alternately, but an impartial examination of the evidence for this belief shows that it rests on very slender foundations. Experiments on the lower animals have shown that after the complete removal of one ovary the female may produce young of both sexes. Women, also, have produced children of a particular sex after the corresponding ovary has been removed, and it is hardly possible to believe that the removal in all these cases was incomplete. On the whole it must be concluded that the theory is insufficiently supported by the evidence.

    Another widely promulgated and vigorously supported theory is that which holds that the sex of the future child may be determined by specific nutrition of the mother before conception, and in some cases after conception. Schenk’s theory, advanced about 1900, attracted much attention at the time. He based his method on the observation that a number of women whose children were all girls all excreted sugar in their urine, such as happens in the case of persons affected with diabetes. From this he suspected that the physiological condition which leads to the excretion of sugar was inimical to the development of male-determining ova, and that males could be produced by its prevention. He therefore recommended that those who desire a male child should undergo treatment similar to that prescribed for diabetes for two or three months before conception, and held that a boy would be produced by these methods. Although this method has had considerable vogue, it cannot be held to have been established on a scientific basis.

    Doncaster says “The general conclusion with regard to man must therefore be that if sex is determined solely by the spermatozoon there is no hope either of influencing or predicting it in special cases. On the other hand, there is considerable evidence that the ovum has some share in the effect, and if this is so, before any practical results are reached it will be necessary to discover which of two conceivable causes of sex-determination is the true one. It is possible that there are two kinds of ova, as well as two kinds of spermatozoa, and that there is a selective fertilization of such a kind that one kind of spermatozoon only fertilizes one kind of ovum, the second kind of spermatozoon the second kind of ovum. If this should prove to be the case, it is possible that means might be found of influencing or predicting that kind of ovum which is discharged under any set of conditions. Secondly, it is possible that the ova are potentially all alike, but that their physiological condition may under some circumstances be so altered that the sex is determined independently of the spermatozoon. * * * It is hardly possible to avoid the conclusion that the sex of the offspring may be influenced, at least under certain circumstances, by the mother. The search for means of influencing the sex of the offspring through the mother is not of necessity doomed to failure. No results of a really positive kind have been obtained hitherto, and some of the facts point so clearly to sex-determination by the male germ-cell alone in man and other animals that many investigators have concluded that the quest is hopeless; but until an adequate explanation has been given of certain phenomena discovered in the investigation of the subject, it seems more reasonable to maintain an open mind, and to regard the control of sex in man as an achievement not entirely impossible of realization.”

    Another writer on the subject has said: “Every individual among the higher animals, whether male or female, begins as an impregnated ovum in the mother’s body. Any such ovum contains elements of constitution from both of its parents. In the earliest existence of this impregnated ovum, there is a season of sexual indifference, or indecision, in which the embryo is both male and female, having the characteristic rudiments of each sex, only indifferently manifested. In this stage, the embryo is susceptible of being influenced by external conditions to develop more strongly in the one or the other direction and thus become distinctly and permanently male or female. It is evident that this is the season in the development of the individual in which influencing conditions and causes must operate in deciding its sex, although it is possible in some of the lower animals to alter the tendency of sex in the embryo from one sex to the other, even after it has been quite definitely determined. It is well established, in fact, that differences do not come from a difference in the ova themselves; that is, there is not one kind of ova from the female which becomes female, while other ova become male, for it is possible to alter the tendency toward the one sex or the other after the ovum has been fertilized and the embryo has begun its career of development. This possible change in sex tendency in the embryo also proves that sex is not decided by a difference in the spermatozoa; that is some of the sperm cells from the father are not male, while others are female, in their constitution.

    “It is incorrect to suppose, as has been held by some theorists, that one testicle give rise to male spermatozoa and the other to female spermatozoa, for both male and female offspring have been produced from the same male parent after one testicle or the other has been removed. The same is true in cases in which either ovary has been removed from the mother; that is, male and female offspring are produced from mothers in whom either ovary has been removed. In like manner, the sex of offspring is shown not to be materially affected by the comparative vigor of the parents; thus, a stronger father than mother does not necessarily produce one sex to the exclusion of the other. These negative decisions are important because they simplify the solution of the problem of sex-determination, by excluding, more or less fully, various causes which have been supposed to operate quite forcibly in deciding the sex of offspring. Some of the more positive agencies that enter into the determination of sex are found (1) in the influence of nutrition upon the embryo during its indifferent stage of sexual development, and (2) in the constitution and general condition of the mother before and during the early stages of pregnancy. These two factors appear to enter more fully than any others in the decision of the sex in offspring, and deserve the greatest consideration. The influence of food in supplying the embryo with nourishment for its development is, perhaps, the most potent of these determining causes.”

    Investigators along the line of theory indicated in the above last quotation, i. e., the theory of sex determination by means of nourishment of the mother and embryo, have presented a volume of reports which demand respectful consideration. The general report may be said to be the discovery that abundant nourishment during the period of sexual neutrality tends to produce females; while lack of abundant nutrition during such period tends to produce males.

    These experiments, of course, have been chiefly performed upon the lower animals. The frog has been a favorite subject of such experiments—the tadpole stage being the one selected, because in that stage there exists a lack of sex, the stage being one of sex neutrality. Professor Yung’s celebrated experiments will illustrate this class of experiments. Here were chosen 300 tadpoles, which when left to themselves manifested a ratio of 57 prospective females to 43 prospective males. These were divided into three classes of 100 tadpoles each. Each class was then fed upon one of several kinds of nutritious diet in order to ascertain the change in sex-tendency due to such food. The first set, with an original ratio of femaleness of 54 to 46, were fed abundantly on beef, and the ratio of femaleness was changed to 78 to 22. The second class, with a ratio of femaleness of 61 to 39, were fed on fish (specially nourishing to frogs), and the ratio changed to 81 to 19. The third class, with a ratio of 56 to 44, were fed upon a still more nutritious diet (i. e., that of frogs’ flesh), and the ratio was raised to 92 to 8. In short, the experiments showed that the increase of nourishment in diet changed every two out of three male-tendency tadpoles into females. The experiment was held to prove that a rich diet, affording nourishment, during the period of sexual neutrality in the embryo, tended to develop femaleness.

    The advocates of this theory also point to the instance of the bees. With the bees, the larva of ordinary worker-bees are fed ordinary food, and do not develop sex; while the larva which is intended to produce the queen-bee is fed specially nutritious “royal food,” and consequently develops larger size and full female sex powers. If the queen is killed, or dies, the hive of bees proceeds to produce a new queen by means of feeding a selected larva with the “royal food” and thus developing full femaleness in it. It is said by some authorities that in cases in which some other of the larva accidently receive, through mistake, crumbs of the “royal food,” they, too, grow to an extraordinary size, and develop fertility. This fact is held by the advocates of the nutrition theory to go toward establishing the fact that abundant nourishment of the embryo, during the neutral stage, tends to produce femaleness in it. They also claim that caterpillars which are very poorly nourished before entering into the chrysalis stage usually develop into male butterflies, while those highly nourished in the said stage tend to become females. Experiments on sheep have shown that when the ewes are particularly well nourished the offspring will show a large proportion of females.

    A writer, favoring the theory in question, says: “In general, it is reasonable to infer that the higher sexual organization which constitutes the female is to be attained in the greatest number of cases by embryos which have superior vital conditions during the formative period. Among human beings, some facts of general observation become significant in the light of the foregoing inferences. After epidemics, after wars, after seasons of privation and distress, the tendency is toward a majority of male births. On the other hand, abundant crops, low prices, peace, contentment and prosperity tend to increase the number of females born. Mothers in prosperous families usually have more girls; mothers in families of distress have more boys. Large, well-fed, fully developed, healthy women, who are of contented and passive disposition, generally become mothers of families abounding in girls; while mothers who are small or spare of flesh, who are poorly fed, restless, unhappy, overworked, exhausted by frequent childbearing, or who are reduced by other causes which waste their vital energies, usually give birth to a greater number of boys. As a general proposition, the facts and inferences tend to establish the truth of the doctrine with women, that, the more favorable the vital conditions of the mother during the period in which the sex of her offspring is being determined, the greater the ratio of females she will bear; the less favorable her vital conditions at such times, the greater will be her tendency to bear males. That many apparent exceptions occur does not disprove the general tendency here maintained. Moreover, it is impossible to know in all cases what were the conditions of the mother’s organism at the time in which her child was in its delicate balance between predominant femaleness and maleness; else many cases which seemingly disprove the proposition would be found to be forcible illustrations of its truth. Still further, it is probable that other causes besides those here mentioned act with greater or less effect in determining the sex of offspring.”

    Based upon this general theory of the relation of nutrition to sex-determination, many methods and systems have been devised by as many authorities, and have been followed and promulgated by as many schools. Without going into the almost endless detail which would be necessitated by a synopsis of these various methods and systems, it may be said that they all consist of plans having for their object the decrease of nutrition of the woman in cases in which male children are desired, and the increase of nutrition in cases in which female children are sought for. This increase or decrease in nutrition is enforced for a reasonable period before the time selected for the conception of the child, and also for a reasonable period after the time of conception. The decrease in nutrition does not consist of “starvation,” but rather of a “training diet” similar to that followed by athletics, and from which dietary all rich foods, sweets, etc., are absent. In fact, the average dietary advocated by the “Eat and Grow Thin” writers would seem to be almost identical with that of the “male offspring” theorists.

    Many persons who have followed the methods and systems based on the nutrition theory above mentioned claim to have been more or less successful in the production of the particular sex desired, but many exceptions to the rule are noted, and some writers on the subject are disposed to regard the reported successes as mere coincidences, and claim that the failures are seldom reported while the successes are widely heralded. The present writer presents the claims of this school to the attention of his readers, but without personally positively endorsing the idea. He is of the opinion that the data obtainable is not as yet sufficient to justify the strong claims made for the theory in some quarters; but, at the same time, he does not hesitate to say that there are many points of interest brought out in the presentation of the theory, and that many thoughtful persons seem to accept the same as reasonably well established and logical.

    Another theory which has been heard of frequently of late years is that in which it is held that the ova are expelled in alternating sex, each month. Thus, if a male ovum is expelled in January, the February ovum will be a female one, according to this theory. Under this theory if the date of conception of a child be ascertained, and the sex of the child noted at its birth, it is a simple matter to count forward from the menstrual period following which the child was conceived, and thus determine whether the ovum of any succeeding period is male or female. It should be noted, however, that the periods are regulated by the lunar months, and not the calendar months. The fact that twins of different sexes are sometimes born would seem to disturb this theory—but not more than any other theory of sex-determination voluntarily produced, for that matter. The several schools explain this apparent discrepancy by the familiar saying that “exceptions prove the rule.”

    Another theory of sex-determination is that which holds that when conception occurs within a few days after the last day of menstruation, the child will be a girl; and that when conception occurs at a later period, the child will be a boy. Methods and systems based upon this theory are also reported as being reasonably successful in producing satisfactory results. But, inasmuch as there appears to be a great difference in individual women in this respect (even according to the claims of this school of sex-determination), it would seem that it would be difficult to proceed with certainty in the matter in most cases. One of the writers advocating this method, says: “Conception within five days after the end of the menstrual period is almost certain to produce a girl child; within five days to ten days, it may be either a boy or a girl; from ten to fifteen days, it is almost sure to be a boy; from eighteen to twenty-five days is the period of probable sterility, in which conception is extremely unlikely to occur.”

    In conclusion, it may be said that Nature undoubtedly has certain rules of sex-determination which govern in these cases; and that it is possible if not indeed probable that these rules may some day be discovered by man, and turned to account; but that it is very doubtful whether the secret has as yet been solved by the investigators. The writer may be pardoned for suggesting that, in his opinion, if the discovery is ever made it will likely be found to be very simple—so simple that we have probably overlooked it because it was in too plain sight to attract our attention. Nature’s methods are usually very simple, when once discovered. She hides her processes from man by making them simple, it would seem.

    PRIVATE Sex Advice to Women By R. B. Armitage, M. D.

    For Young Wives and those who Expect to be Married.

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  • Lower expense ratios on 22 Vanguard ETFs means more savings for you

    Lower expense ratios on 22 Vanguard ETFs means more savings for you

    Vanguard announces expense ratio reductions on more than 20 ETFs. See which ETFs are affected, and if you’re already reaping the rewards
    Lower expense ratios on 22 Vanguard ETFs means more savings for you
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    https://investornews.vanguard/lower-expense-ratios-on-22-vanguard-etfs-means-more-savings-for-you/

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  • Expense ratio cuts on 56 Vanguard funds mean more savings for you

    Expense ratio cuts on 56 Vanguard funds mean more savings for you

    Vanguard announces expense ratio reductions on more than 56 ETFs and mutual funds. See which funds are affected.
    Expense ratio cuts on 56 Vanguard funds mean more savings for you
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    https://investornews.vanguard/expense-ratio-cuts-on-56-vanguard-funds-mean-more-savings-for-you/

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  • Image: Bendy, ultra-thin solar cell

    Image: Bendy, ultra-thin solar cell

    ESA has backed the creation of this flexible, ultra-thin solar cell to deliver the best power to mass ratio for space missions.

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  • Ultrathin organic solar cell is efficient and durable

    Ultrathin organic solar cell is efficient and durable

    Scientists from the RIKEN, in collaboration with international partners, have succeeded in creating an ultrathin organic solar cell that is both highly efficient and durable. Using a simple post-annealing process, they created a flexible organic cell that degrades by less than 5 percent over 3,000 hours in atmospheric conditions and that simultaneously has an energy conversion ratio—a key indicator of solar cell performance—of 13 percent.

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  • An Unusual Way to Get Rich – Create a Flea Market Small-Business Empire With Wholesale Products

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    FACT: Many people earn $1,000 per day (that’s $104,000 per year) just selling at flea markets and swap meets on weekends. (I’ve actually made more than that on some days.) Most people think we are just a bunch of poor folks trying to make an extra dollar, and that’s exactly what we want them to think.

    What do we know that you don’t? What are our secrets? Can you do it?

    Yes. Anyone can sell at flea markets and become wealthy…and I’m going to tell you exactly how right here.

    Becoming a flea market vendor is easy and affordable. Your expenses will be the cost of your merchandise and space rent. Daily rent for an outside space can be as little as $5-$10 per day. Many people begin by selling used items and move into selling brand new items purchased from wholesale companies. New items outsell used items two to one and have a higher profit ratio.

    Most people already have a table or two they can bring with them. I actually began my flea market and swap meet business with only $200 and a couple card tables I borrowed. I now earn thousands of dollars every month without fail. (Of course, the more money you have to buy merchandise, the faster your new business will grow.)

    The key is to let your new business grow. Don’t kill it by taking all the profits out of it! I suggest that you have a job or another source of income to cover your living expenses for at least the first six months after starting your new business.

    There’s an old adage in this business: ‘The more you have, the more you’ll sell.’ Believe me, it is true! Take that to heart and put all of your profits into buying more merchandise, so you’ll have even more to sell the next weekend.

    Who do you think most shoppers will go to, the guy sitting there with four items on a single card table or three spaces across the aisle from him literally loaded with millions of different items? If you think you have enough merchandise, you don’t.

    If you use your profits to build your business and buy more merchandise every week it won’t be more than a few months before your sales rapidly increase and you can begin keeping some of the profits for yourself without killing it.

    If you live in a northern climate that is cold in winter or a southern climate that is hot and humid during summer, you might consider renting a space inside a flea market building. Yes, your space rent will go up a bit, but you’ll have the advantage of heat and air conditioning (comfortable shoppers spend more money), as well as a secure enclosure for your tables and merchandise during the week when the market is closed.

    Once your first small business is running well, use the profits from it to open a second small business at the same flea market or swap meet, selling a different type of merchandise. Expanding is as simple as renting another space and hiring someone to run it for you. Again, your costs will only be merchandise and space rent and whatever you pay your help. (Be good to them and they will be very good to you.) Just as with your first business, put the profits back into your second business and allow it to build.

    The profits from two small businesses will allow you to open a third small business with ease. Do the same as you did before and allow your third business to grow. Put the money back into it by purchasing more merchandise.

    Then open a fourth, a fifth, a sixth small business at the same flea market. It’s not only possible but almost guaranteed that if you will do that you will create your own small business empire in less than one year and have a yearly income in excess of $100,000 after expenses.

    If you just put the profit back into your first new business, it will grow without another penny out of your pocket. The profits will allow you to open a second, a third and so on. You don’t need a small business loan to get started.

    Plus, you are not limited to just one flea market or swap meet. There may be other markets within 20 or 30 miles of you, where you can do the very same thing and multiply your earnings.

    If you follow this simple yet effective formula it won’t be long before you can stop selling at flea markets yourself and just become a manager, overseeing your small business empire and stepping in to give your employees breaks.

    Once you are making a very good income, consider other ways to invest your money to make even more profit, such as opening your own wholesale house and selling merchandise to flea market vendors and make even more.

    Flea markets and swap meets are an excellent venue in which the average person may start their own small business and become wealthy by creating a small business empire.

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    Source by Allen Farlow

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  • Which Walking Liberty Half Dollar Collecting Strategy Is Best for You?

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    Walking Liberty half dollars are one of the most beautiful of American coins. They age gracefully, and are a far less expensive to collect than the more popular Morgan silver dollar.

    Their key date 1921-S, in MS-65 condition will sell for around $100,000. The 1893-S Morgan in MS-65 condition will bring nearly $700,000. In MS-60 they are about $20,000 compared to the 1893-S for $130,000.

    The Walking Liberty isn’t quite the same bargain in AU however. The 1921-S goes for around $7,000 and the 1893-S Morgan goes for around $21,000. Instead of a 1 to 7 ratio in the MS categories, it’s only a 1 to 3 ratio in AU.

    As you get into the late date Walkers the cost of mint state coins goes down considerably. Mint state examples are plentiful and cheap after 1935.

    A complete date/mint set of MS-65 Walking Liberties would cost somewhere in the half million dollar range. So, the entire collection would cost less than one 1893-S Morgan in MS-65 condition.

    I see four fundamental strategies for collecting Walking Liberties:

    1. US half dollar type set

    2. Walking Liberty year set

    3. Walking Liberty complete date/mint set

    4. Walking Liberty proof set

    1. The US half dollar short, type set could include each of the following:

    · Flowing Hair half

    · Draped Bust half

    · Capped bust

    · Seated Liberty half

    · Barber half

    · Walking Liberty

    · Franklin Kennedy

    If you’re willing to accept lower mint state for the Flowing Hair and Draped Bust designs, this collection could be obtained for around $150,000.

    2. The Walking Liberty year set would contain 25 coins for an example of one from each year this issue was minted. An example of this would be:

    · 1916-P to 1921-P

    · 1923-S

    · 1927-S

    · 1928-S

    · 1929-D

    · 1933-S

    · 1934-P to 1947-P

    This strategy allows you to assemble each year of issue in mint condition without breaking the bank. It would be acceptable to have the rare dates in MS-64 alongside the common dates in MS-65. You’re looking at something under $40,000 for a collection like this.

    3. A complete date/mint set would require 65 coins. A set like this could also use MS-65 examples for the common later date coins and MS-64 for the more expensive dates. Depending how you organize a collection like this, it might cost around $350,000 to complete.

    4. Here’s the surprise. If you go for a proof set, there are only 7 coins minted as proofs for this series. Proofs are surprisingly inexpensive and even more beautiful than the circulation issue. There is only one key date in the proof series, and that’s 1936. A set of PF-65 Walking Liberty coins will cost just under $10,000.

    I price mint state coins here because the mint state coins have the most demand and collector value. They will retain their prices better and increase more than their circulated versions.

    As discussed in my article on Pivotal Grading Points, the greatest profit potential is to buy the coin just under the pivotal grade. That is often, but not always MS-64.

    If you were to accept MS-64 as your grade standard, you could complete these set examples for considerably less money than described here. As demonstrated above a complete set is considerably less expensive than a complete date/mint Morgan set.

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    Source by Paul St. Julien

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  • How to Win Consistently at Trading Forex

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    Trading Forex is a fantastic career or hobby, but unless you are winning consistently then it can be a short lived career or an expensive hobby. The elation of a win is often followed by several losses if you don’t have a serious approach to your money management strategy and control of your emotions. In this article we are going to establish a money management and psychological strategy that will help you win consistently at trading Forex.

    First of all let us look at the trade settings themselves. Now this article is not to define a winning strategy; but to show you that even a strategy that only wins 50% of the time can make consistent returns. You may already have a winning strategy but poor money and psychological management.

    It is important to aim for a 3:1 risk reward ratio. In simple terms; you need to look for trades that can offer you 3 times the return of the potential loss. If you adopt this approach then you only need to win 50% of the time because your wins out way the losses by 3 times. Once you master this rule you are well on your way to a winning strategy.

    Research your trades well and do not jump into the markets without doing your analysis whether that is fundamental or technical. If you can stick to these rules then you are half way to winning the psychological battle as well.

    The biggest issue traders face is getting into trades too early because they think they are going to miss the trade or too late because they were scared to pull the trigger. Leaving a trade too early because they believe it is about to turn against them, only to later watch it hit their, would be, take profit level. Or, equally as common, they let the trade run and run expecting more and more profit only to let all the profit get sucked away in a reversal. There is an old saying amongst successful traders “plan your trade and trade your plan. That is exactly what you should do.

    Don not let your emotions let you take profit early if that was not your original plan. Make sure you plan for the trade turning before your profit level and have a preset plan to take profit. A solid plan is to take profit if the trade has reached 90% of the target and is showing signs of reversal. If you have your stop loss set correctly from your original analysis do not extend it as you are compromising your 3:1 risk reward ratio. Keeping these rules in min is the first step to winning consistently at Forex trading.

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    Source by Adam Woods

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  • The Making of a Multi-Million Dollar Insurance Salesperson

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    Every sales person or sales agent fantasizes about becoming a millionaire. This is how one individual became a Multi Million Dollar Insurance Salesperson.

    Over half the insurance agents recruited earn less than $50,000 before making a quick exist. So how do you make a million dollars, an then more? Especially when your career involves selling insurance? For me it was not by working 70 hours a week. No “get rich quick” insurance trade magazine article or ad inspired me. I don’t ever recall working with millionaire clients. In fact, in my case it would take a ton of policies to equal a million dollars premium collected, let alone commission earned. I never even received one of the over 90 insurance designations currently available.

    My case involved putting together a formula, that you could easily (with effort) mix to achieve similar or superior results. For me the ingredients were composed of four components.

    WILLPOWER I need to convince myself that I could achieve the insurance production goals I was setting. To begin, I purchased a collection of books on positive thinking. In them they emphasize phrases like “I Can” and “I Will”. I repeated these key word phrases over and over in my conscious mind, and saw some definite steady improvement in my sales achievements. Good but not good enough.

    Suddenly I was introduced to self-hypnosis and my insurance career instantly changed. This was not some occult form of hocus-pocus but sheer enrichment that builds and builds. It start with a client from England who was a professional hypnotist. I was intrigued, and he agreed to teach me how the subconscious mind automatically overrides the conscious mind. He then graciously taught how to easily hypnotize myself anytime I wanting. I programmed myself for success, and success followed.

    SALES SKILLS The so called selling skills insurance companies showed me, never really improved. I quickly saw that repetition of a bad habit is dangerous to your career. Now that my income was rising, I added another piece of dynamite to reaching sales goals faster. If I could double my closing ratio, it was simple to see my income doubling.

    I invested in the Dale Carnegie course for sales people. During this course I learned the steps that must be covered properly if you are going to expect a sale. What I did not expect was the announcement that passing the course required covering all the points in a two minute or less presentation. This is when I re-emerged a trait, I was not using enough.

    DETERMINATION I set myself a goal that surpassed just passing the course. Although there were around 25 people taking the course, I was determined. Not only was I going to pass, but my presentation would be voted the best of my fellow 2 dozen professional sales people. Needless to say, it took willpower, sales skill, and determination galore. Winning, gave me a feeling of floating sky high. After this I felt I could sell snow to an Eskimo.

    NO FEAR I have to admit, when I started selling insurance I was full of fears. It took the first 3 ingredients and one more step to prove to myself that I now had no fear. I had to do what few before me financially succeeding in trying. That was to make sales, by breaking the established rules, and doing what “experts” considered would only be done by fools. I would exchange my briefcase for a folder and yellow pad. My suit and tie would be reserved for funerals, and my dress code would be neat, yet informal. Now I was prepped for my no fear test.

    Without setting a single appointment, I opted to just knock on a prospects door, and do a simple presentation. I also programmed myself to act casual, using a “well, maybe you can’t afford it” approach if I had a closing objection. I knew most prospects have their conscious minds ready to be told they can certainly afford it. Using the opposite effect would alter their conscious thinking process.

    Starting on a Monday morning and working no evenings I wanted to test my abilities to the max. I started out well self-hypnotized and with about 50 prospect cards, some of them “leads”. Remember now, we are talking over 30 years ago. Without appointments I saw 25 prospects and made 30 straight sales of all sizes. Not a single strikeout. With over $20,000 premium and much of it in annual cash payments, I decided to stop with $12,000 in commissions. I had accomplished and achieved my goals in just four days. Yes, with a rounded effective formula you can put on the brakes.

    MY FIRST MILLION was then made very easily. For me, I proved I could become a millionaire, by breaking all the rules. My average policy size was not gigantic but my closing ratio was incredible. I did not wear a suit or tie or carry a briefcase. My cars were snazzy new Camaros and Mustangs, and I quit wasting time struggling to make appointments.

    There is one danger in programming yourself to achieve a certain goal. Since you are bound to achieve it, before applying self-hypnosis, ask yourself if it is good for your mind and body to do whatever it takes.

    To become a multi million dollar insurance salesman, do the opposite of most salespeople are doing. Develop your own prospecting methods, presentation sills, and closing tricks. It becomes much easier making an insurance sale when in your mind you have already done it, and have the acquired sales skills to back it up.

    I did it my way. You can too.

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    Source by Donald Yerke

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  • The Best FOREX Price Action Trading Indicator – Shift Theory Ratio Price Action Analysis

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    There is a new category of technical analysis available for trading the FOREX markets. It is called Shift Theory and this new technique is based on Shift Ratios that break down the three main types of chart conditions:

    • Choppy Markets
    • Up Trending Markets
    • Down Trending Markets

    What Shift Theory Ratios do is focus on the important data and ignores the data that is responsible for false signals and noise. The Shift Theory trading approach works better than any other form of technical analysis because it focuses on the science of price analysis. Most technical analysis today focuses on the closing price as the main piece of data that is analyzed. The main issue with that is the closing price is a moving target. A lot traders don’t realize that indicators are nothing more than measuring tools and they need to be treated that way. When it comes to measuring price you need stable data to get an accurate reading. I like to use an example of trying the weigh yourself on a scale. If you keep jumping around while you try to weigh yourself then it is almost imposable to get an accurate reading. That is exactly what the closing price does. It changes every time there is an uptick or down tick and that changes the reading of most indicators and that results in a lot of noise and false trading signals.

    The Shift Trading Ratios rely on the undeniable facts of market trends. Some examples are:

    • Prices on a chart can only go higher if they make a new high.
    • Prices on a chart can only go lower if they make a new low.
    • Choppy markets have bars that have a high percentage of overlap.

    As a trader the Shift Theory Ratios are excellent tool to keep traders disciplined and sticking to sound trading principles. As a example we will cover the reading and indications Shift Ratios give in 3 types of market conditions:

    • Choppy
    • Up Trending
    • Down trending

    When market conditions are choppy the Inside Shift Ratio is the plot that measures that type of market condition. What the Inside Shift Ratio does is measure the current bar percentage that is overlapping the previous bar. All choppy markets have a high percentage of bars that overlap each other. It is easy to see on a chart but most indicators simply cannot measure these types of condition because they are based on the closing price.

    If the market is up trending then the Upper Shift Ratio is the indicator that measures that type of price change. In up trending markets the bars on a chart should be making higher highs and that is a undeniable fact about upward moving markets.

    During down markets the Lower Shift Ratio is the indicator that measures the strength of the down trend. This again is based on the undeniable fact that downward markets must make lower lows in order to go lower.

    In the end these techniques work and the proof is in the back testing. A dirty secret many indicators have is they really don’t work and that is why nobody is willing to show any back testing results. So if you want to find the best FOREX trading indicator then you need to take a look at the Shift Theory Ratios. If you want consistent and proven results then as a traders you must focus on the important data and ignore the data that is responsible for signal noise and lag.

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    Source by David Zielinski

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