Trading – What 4 Key Rules Will Ensure You Keep To Your Rules And Ensure Your Success?

Trading - What 4 Key Rules Will Ensure You Keep To Your Rules And Ensure Your Success?

I am a great proponent of utilizing your intuition, instinct and ‘gut’ feelings.

However, In trading – and day trading especially, your instincts can be wrong most of the time

 almost all the time when you are trading scared or under pressure.  Your instincts will be wrong when you are feeling emotional and you are ‘second guessing’ your rules or your plan.

When you look back over a period of time and ask yourself ‘If I had done the opposite of what I did do in the last 1-2 weeks, or if someone had tricked me into buying a put instead of a call or a call instead of a put – ‘my trading account would have done wonderfully!’

What does that tell you?

It does not tell you that you are stupid or don’t know what you are doing.

‘So, what does that tell me Karen?

It tells you that you are normal!

Almost all traders have felt like this at some stage in their trading life and it was telling them the same thing as it is telling you NOW.

Trading any market is about human emotion.  The markets driver is emotion.

You must have trading rules and a trading plan and most importantly, you must be able to stick to your rules and plan under ALL trading conditions.

Sounds easy huh?

Well, if you have been trading for any length of time, you know that it is easier said than done.  Particularly in the early stages of your trading journey.

Once you start trading scared or nervously – you will continue to make mistakes if you do not stick to your trading plan.

When you are trading under pressure – it will feel like you are doing the right thing by veering away from your plan and …

» Read more

Various Sources of British Finance

Finance is very important for all types of businesses especially if you want to make a business successful then you really need a good amount of finance to help you. if you have started a business in the UK then getting finance won’t be a problem for you because UK Finance is available in almost all types and forms. Whatever your needs, you will always be able to find a good financial source for you. Companies that offer financial services in the UK covering all sectors. You will find a UK leasing finance company, a British debt collection financing company and a UK financial company that offers venture capital to you.

Various Sources of British Finance

You will also be able to get a company that will help you arrange and buy rent for you. The information technology sector has most of the facilities regarding finance. To finance or buy technology instruments, you can ask for help from Corporate Computer Lease Plc. The company has been labeled as one of the fastest growing companies in the UK and currently serves more than 500 satisfied customers every day.

You will get a company that will fund you for the hardware as well. several diversified corporate services that provide financing for small businesses, industries and agricultural operations. One such company is named Richard Mares Asset Finance, which handles all finance for the agricultural and industrial sectors. If you are looking for a company that will help you with financing equipment rental, or you are looking for help in a mortgage or commercial finance, then you should approach it. Another good choice that you have with you is the First Leasing Company. You can visit their website to see various types of finance offered by them. If you want to get finance above A5,000 then companies like 1 …

» Read more

Those Colossal UK University Tuition Fees – Steps You Can Take to Avoid a Lifetime of Miserable Debt

Every youngster will be aware of the hike in UK University Fees from 2012. On top of these steep tuition fees the average student has annual living costs approaching A6,000. Expect a debt approaching A15,000 for each year spent at University.

Our government will cancel all student debts 30 years after graduation. So why not go to University, enjoy yourself and then earn less than A21,000 per annum so you will not be expected to pay off the debt. Think of part-time work or being a child-minder or a Carer. (Perhaps this is a daft idea, it is certainly not what I would choose for my own children.)

Those Colossal UK University Tuition Fees - Steps You Can Take to Avoid a Lifetime of Miserable Debt

Nobody wants a massive debt form tuition fees when they start their working life, so here are some practical steps that can be taken to reduce it:

Choosing a 3- or 4-year course? Scottish Universities have the same yearly tuition fees as the English but 4-year courses are common. Your choice may not be too difficult here – three lots or four lots of A15,000 debt to get the same degree?

An increasing number of Companies are taking on A-level students and paying them through University – the Armed Forces have always done this and they have now been joined by some accountancy, pharmaceutical and retail companies.

What about getting a job and studying Part-time with the Open University? Their tuition fees can be quite generous for those with low paid jobs.

Match your course choice to the ‘skill-shortage’ areas in different parts of the world such as Australia. This will certainly improve your job prospects.

Consider a degree course over in Europe. Many of their courses have much lower University Fees and luck for us, many are delivered in the English Language.

The two obvious debt-killing ways are:

Keeping those living …

» Read more

Is There Funding For New Ideas and Companies?

As a business consultant, I see more entrepreneurs not able to obtain funding than I see entrepreneurs obtaining the necessary money to see their ideas transformed into a viable business. This difference is very large. It maybe one idea is funded for every 10 that go unfunded but it may be as high as 1 is funded with 100 never obtaining a nickel. This kind of difference and the struggles of the entrepreneur who is frustrated by not ever seeing his idea transformed into reality and making him rich, prompts the question; is there enough funding for new ideas and companies? How one market’s the idea can sometimes be more important than the idea when it comes to obtaining venture capital.

The entrepreneur would quickly and resoundingly answer the question with a “no”! Many entrepreneurs have a hard time or are unsuccessful in getting money. Their idea is not the problem; it is that there is not enough funding available. The reality is that making additional money available to this group of entrepreneurs who have been unable to secure funding, will not create more companies and in turn more jobs. How can this be?

These ideas, that are not funded, whether for a service or a product, are really not “better mouse traps” or the entrepreneur is seen by potential investors as unable to successfully implement or allow the things required to be delegated to achieve a successful venture.

Most people do not appreciate how hard it is to provide a service or make a product, inform their target market about the product, get the product or service to the person who wants to use or buy this service or product and finally make a reasonable profit while doing and paying for all the previous mentioned tasks. Some …

» Read more

When Funding Becomes Necessary

There may have been times when as an early stage entrepreneur or someone who wanted to start a business, but hadn’t, you’ve felt the need for some capital to help you get going. It may surprise you to learn this, but you’re in good company. Many people in various stages of their businesses have felt this way.

There are five standard ways in which businesses obtain the funding they need. In the recommended order, they are 1) Family, 2) Friends; 3) Banks; 4) Business Angels; and 5) Venture Capitalists. All of them share certain characteristics to a greater or lesser extent.

First, they’ll want to understand your business plan. That is, they’ll want you to convince them that if they invest with you, their money will be spent carefully and only on necessities; not frivolities such as new equipment or cars that could all be obtained second hand. Some will even object to funding your salary!

Families and friends probably won’t need a plan that’s as detailed as that which a bank or venture capitalist might want.

Second, they’ll want to minimize their risk, sometimes referred to as exposure. Some won’t expect anything from you except your promise that you’ll do everything thing you can to preserve what they’ve given you. Others will expect you to mortgage yourself to the hilt so that you will think twice about pulling out if things don’t work out as you had planned.

Third, they’ll want a return on their investment. The word Invest implies that the amount you’ve been loaned will grow beyond its current size. Friends and family will probably accept less over a longer period of time than the others. Venture capitalists can expect a fifty percent or more return on top of the loan within a few years. …

» Read more
1 2 3 4 128