Developing a Profitable Relationship.You finally found that commercial property you want to buy - fantastic! Now what? All you need is the money and where do you get that? A commercial lender, of course. And here's the million dollar question - where do you find a lender you can trust, get the deal done, and with whom you enjoy dealing? You can go to the Internet and type "Commercial Mortgage Lender" into the search box and that will get...more
Every market goes through trading cycles. There is no exception to this. Be it the Stock Market, The Futures or the Forex market. They all go through different phases. Today, I want to point the different phases in the Forex market, identifying which will help the trader know when to stay in the market and when to stay out. Range Days: Historically, it has been seen that nearly 80 of the time and when it does, it creates new trends and levels....more
Most of us who are in business love to improve our business acumen. In general this involves reading or taking courses for which we often lack the time to do so. So we attend only the ones we have to, however audio books can solve this problem.With an audio book you can enjoy the same value of any business book when preparing to go to work in the morning, when commuting to and from work, or when doing your daily workout.Below are five of some of the best business audio books:It's not the big that eat the small... it's the fast that eat the slow - by Jason Jennings and Laurence HaughtonIn today's business, one of the single most common words that we need to embrace is "CHANGE". In this era where what was the latest yesterday is no longer the latest today, we need to constantly be ready to embrace change.This audio book by Jason Jennings and Laurence Haughton, provides you with all of the information on how to keep your company afloat, despite the ever-changing nature of business today.Asserting that the fastest organizations in the world today will be those that will thrive, this audio book shows you how to make your company or business among the fastest, using the power of...more
After you`ve set your initial stop loss, chosen your method for calculating your trailing stop loss, and implemented all your money management rules, there is one last thing you should do; you should begin back testing your system.With out back testing you will be headed in the right direction, but you won`t know what to expect from your system....more
In Part 1 of Designing a Trading System in MetaStock, I had discussed the major components you needed to be able to track to create a mechanical entry system. These were measures of price, liquidity, trend, and volatility. The question now is, how do we code this into MetaStock?First, let me offer you the most valuable piece of knowledge I have...more
One day, while Chicken Little was walking in the woods, an acorn fell and hit him on his head."Goodness gracious me!" said Chicken Little, "The sky is falling, the sky is falling. I must go warn everyone."We see this all the time. The stock market goes straight up for eight or nine months, and if there are 2 or 3 down days in a row, there is hand-wringing and the moaning all over the place.Who are these people that panic at the first sign of a downturn or with the slightest bit of profit taking?The first group are people who get in the near the top and are now worried that their small losses will turn into big losses. Also, people who haven't invested in the stock market are in this same box. For many, many years they were wrong to not have invested, but now that the market has declined very slightly for a few days they would like the point out how smart they are and how dumb everyone else is.Short-sellers are the next group. Short selling is selling a security that the seller does not own but is committed to repurchasing eventually. It is used to take advantage of an expected decline in the security's price.The press comes next. You have heard this before: "bad news sells...more
Humpty Dumpty sat on a wall;Humpty Dumpty had a great fall. All the King's horses And all the King's menCouldn't put Humpty together again!You know this tragic story.During the 45+ years that I have been a financial advisor, I have seen this over...more
Once upon a time, there was a young hare, a hotshot rabbit investor who would always brag to anyone that would listen and that he was the smartest, fastest, best performing investor in the world. He would constantly tease the old tortoise about his...more
The 10 dumbest things investors say to advisors.1} When my investment gets back up to what I paid, get me out.This is surely a big mistake. That stock has absolutely no idea that you're waiting for it to go up so that you can sell.2}The stock is...more
Is your home really an asset? Ask this question in any social setting and you will probably be met with puzzled gazes, because it is obvious to anyone that knows anything about anything that your home is not only an asset but it is your most prized...more
Trust is an essential part in managing people and building a high-performance organisation. It's the foundation upon which all relationships are built. As in any relationship, trust is central to stable and productive workplace relations and...more
You are deep in a tunnel. It is so dark and no place to go. You are trying to escape but your brain fools you. So you got stuck. So what does it has to do with finding dream jobs? Do you know why did people start to look for their dream job? Well a...more