Digg it UP - Finance

4 Steps to Creating Good Credit
As a consumer you’ve learned the importance of establishing a good credit rating with your lenders. Whether you are shopping for a new home or auto, or searching for the best deals on insurance, your credit worthiness will be judged by your credit rating or credit score.A bad credit history or bad credit habits will place “black marks” on your credit profile. These include things such as late payments, having an account assigned to a collection agency, and of course bankruptcy.Establishing good credit habits and therefore a good credit rating will improve your credit worthiness. This will be reflected in potential lenders offering you substantially lower interest rates and better deals on credit offers.Here are 4 tips to help you create a shining credit profile:1) Pay Your Bills On TimeLenders only have your past payment history on which to decide the type of credit risk you present to them. How you pay off your debts now indicates to

ack on track, and you will have made gains the value of which you can't imagine, as you will know that you may have losing periods BUT you can trust yourself to remain in control, and not magnify the damage.

In light of this, take what you believe to be your key trading issues, write them on an index card, and stick them on to your monitor. The objective is realization and awareness, thus making these issues available to your conscious as a reminder, instead of only available to your subconscious as a problem. As you make your notes BE SURE that you are writing short non-judgmental notes - DON'T let the 'solution' make the 'problem' worse.

For instance, consider the combination of a build of emotions coming from consecutive losses which are also occurring during congestion - write notes similar to these on your card:

a build in emotions may come from a series of quick consecutive losses quick consecutive losses often come from trading inside of congestion are your losses 'base' congestion method trades OR are you overtrading there is nothing wr

Two Words That Can Change Your Life
While I encourage you to follow your parent’s direction and always use “please” and “thank you” as they are greatly appreciated by all, these are not the words I reference in the title of today’s post. The words that I’ll share with you in the text that follows are not used nearly often enough and when used correctly can make a dramatic difference in raising your productivity to new heights.Let’s start with the word that will help you clear the decks to focus on highest and best use activities. The word is “no”… Most achievement oriented professionals want to take on the world and as such have a propensity to bite-off more than they can chew. Being over committed will suck the life out of those who possess even the greatest amounts of energy.Saying ”no” doesn’t come easy to many as it is counter intuitive to wanting to help others succeed. The fact is that by saying “no” more often you’ll help others develop their skill sets faster by not being overly dependant

You go long and the market immediately goes down - you go short and the market immediately goes up. That's 2 consecutive losses, and you are getting a little 'anxious' so you don't take the 'next' trade. Of course, this trade is a winner. Now to make the situation worse, you then 'chase' the move, and as soon as you enter the trade it immediately reverses, thus giving you another loss – this is now 3 in a row. Ok one more ‘try’ - this can't happen on every trade can it?

This time though, you will be real clever. You have noticed that the market is in a range, and it's the bounce from the low/retrace from the high that is causing all the problems. So this time, the next trade you take will be a range extreme fade AND the hell with your trading method. The market is at the range low, and per your new ‘on the fly’ trading plan, you go long. Instead of bouncing again, the range immediately breaks out to the downside. Not only does this give you consecutive loser 4, but the loss occurred from trading against one of your ‘best’ method trade setups, and becomes a trade which is giving enough profit to pay for the previous 3 losers, and make you net ahead.

Now what are you supposed to do – QUIT? AND to be sure that there is no more temptation – your throw your computer out the window, and dive out right behind it. You are in a trading psychology spiral.

WHAT is a Trading Psychology Spiral?

I think of a trading psychology spiral as the transition from trading losses that you have accepted both as a part of your trading method, and as something that is inevitable in trading, into a surge of emotions that continually builds to a point where you can no longer accept anything. As this eventually ‘spirals’ out of control – trading method becomes completely ignored, and is then replaced by emotional responses and decisions for everything that is done. Even if quitting was really the only viable thing to do at the time, the trading psychology spiral can cause an emotional response where this isn’t even considered, until the situation becomes so desperate, that the trader can’t take it any longer AND does have to quit.

This isn’t a discussion about emotions and trading, and the various fears and issues that keeps a trader from trading to begin with; as we know, emotions are an inherent part of trading – you learn to control them OR you can’t trade. This is a discussion about emotions that are typically controlled well enough so that you ‘can’ trade, but then something happens where the trader loses that control, and their emotions spiral. A series of consecutive losing trades, especially those caused by deviating from the trading plan, are a root cause for this happening.

This also isn’t about something that happens only to inexperienced and unprofitable traders. There are going to be those times where nothing a trader does will work, and that result is going to be a series of consecutive losers. So the situation is the same, it’s the reaction that may be different. For instance, traderA may go into a panic causing them to spiral out of control, losing all self-confidence and self-trust, and ultimately more money than was intended. On the other hand, traderB may go into a period of revenge trading, coupled with an increase of their trading size, as they are ‘sure’ that each next trade is going to bring them back to even. Also, a spiral out of control, and the losses continue – AND also a loss of more money than was intended. WHAT does traderC do?

Controlling The Trading Psychology Spiral

Consider: each time a tpsych spiral occurs AND you go out of control - the quicker the next spiral is going to occur, and the faster you will go out of control when it happens. This is going to continue, until trading becomes too painful, and you will not be willing to trade any longer.

Consider: it is better to work through the emotions instead of quitting. Quitting is too easy, and this provides no solution or aid in preventing this from coming back and intensifying each time you have a rough period. As well, you have lost the ability to 'count' on yourself when you need to do so the most. To control a tpsych spiral, before you go out of control, is a tremendous win in and of itself. Do this, and get your trading back on track, and you will have made gains the value of which you can't imagine, as you will know that you may have losing periods BUT you can trust yourself to remain in control, and not magnify the damage.

For instance, consider the combination of a build of emotions coming from consecutive losses which are also occurring during congestion - write notes similar to these on your card:

SEO - Viral Marketing and SEO
The most successful trend in online marketing and advertising is the concept of viral marketing. Viral marketing simply means getting others to do your word of mouse for you simply by giving away free stuff. It is about overwhelming the competition with your sheer omnipresence. It means knowing what marketing incentives to offer for free so that your content will be replicated again and again in various places on the Internet. Once you master the fine art of information replication your profits from your Internet business should grow by leaps and bounds.In essence, viral marketing describes any strategy that encourages individuals to pass on a marketing message to others. Using the right keywords is essential to these strategies. Like viruses, these messages multiply to spread your message to hundreds, thousands and maybe even millions of people.A successful viral marketing strategy need not contain ALL the following components but usually viral marketing cons

a trade which is giving enough profit to pay for the previous 3 losers, and make you net ahead.

WHAT is a Trading Psychology Spiral?

Controlling The Trading Psychology Spiral

For instance, consider the combination of a build of emotions coming from consecutive losses which are also occurring during congestion - write notes similar to these on your card:

Pressure Washing and Hospital Accounts
Most pressure washing companies never look into some of the best niche markets. One, which you may not have thought about is Hospitals and if you run a pressure washing company it can mean good steady income. When contract cleaning you must figure out the needs of your clientele; Hospitals have special needs, which are not common to other businesses and if you are careful to address these needs you will be well served. One recommendation I give pressure washing companies is to bundle services. This does two things; 1.) It prevents price wars with low bidders or first time entrants into the industry and 2.) It enhances the monthly invoices for services rendered.Hospitals often own ambulances, shuttles, wheel chairs, delivery trucks, grounds vehicles, security vehicles and even air-ambulance helicopters. This on top of the obvious things such, as lots of concrete, entryways, handicap ramps, trash areas and sidewalks.When approaching the Hospitals Purchasing or Pr

uit.

Controlling The Trading Psychology Spiral

For instance, consider the combination of a build of emotions coming from consecutive losses which are also occurring during congestion - write notes similar to these on your card:

You Can't Do It All Yourself
As the economy improves, so does the outlook for small business. That may mean you'll find way too many things to do and not enough time for you or your staff to complete them. Or maybe you've been solo for a while and have decided your business is growing enough to need help.What do you do? Hire full or part time employees? Outsource to an independent contractor?Before you decide, take the time to define the position. Create a job description. What do you want the person to do? What are you willing to give up total control over? What level of experience or education must the person have? Documenting the responsibilities of the position will help you decide. And it will help you hire the right person the first time.Consider the IRS' 20 point checklist when determining employee vs. independent contractor. A good interpretation of that checklist can be found at http://www.prounlimited.com/20guide.html

go into a period of revenge trading, coupled with an increase of their trading size, as they are ‘sure’ that each next trade is going to bring them back to even. Also, a spiral out of control, and the losses continue – AND also a loss of more money than was intended. WHAT does traderC do?

Controlling The Trading Psychology Spiral

For instance, consider the combination of a build of emotions coming from consecutive losses which are also occurring during congestion - write notes similar to these on your card:

An Effective Resume Objective Can Make a Big Difference
A missing or lame Objective section can get your resume tossed in the trash in a matter of seconds. There are quite simply too many better resumes out there to bother. Yet most job seekers screw this up terribly.The basics are thus: toward the top just above or just underneath your "Keyword Competencies" paragraph, put your "Objective" section which is quite simply the object of your job search, the title of the job you are seeking.Here's a Bad Example: Most people put in a title (like "Software Developer" or, "Lighthouse Keeper" or, "Marketing Director" or "Product Manager" or "NASCAR Pit Boss" in some long droning sentence that reads like:Objective: "Challenging opportunity as a (title) where I can effectively use my managing and sales skills in my ongoing effort to help grow an organization, blah, blah…"This is not only boring, it’s also highly ineffective. Your resume has only so much available space and your potential reader so little avail

For instance, consider the combination of a build of emotions coming from consecutive losses which are also occurring during congestion - write notes similar to these on your card:

Now consider the same situation BUT different notes:

don't be a stupid idiot and overtrade congestion like you always do you are going to lose your ass and end up with another losing day like usual you do this same crap every day and the same thing happens you have no reason to even trade if this is all that you are going to do

Remain Neutral

Remain neutral - another note for your index cards.

Another approach may be to write notes that include the things you can remember yourself doing or feeling as you transition from acceptable emotion to tpsych spiraling, for instance: shortness of breath - sweating - squirming in your chair - unable to sit down. AND as the spiraling becomes more intense: cussing - screaming - throwing things - breaking things. UNTIL the spiraling is out of control: panic - desperation. Clearly, there is a whole list of physical responses to uncomfortable emotional situations; realizing them as they occur may be a step in controlling them before they ‘take-over’ and lead to spiraling.

Be Aware

I want to know the potential for the spiraling situation. It is VERY important to acknowledge that you have emotions, and not try to ignore them or hide from them as a solution to the problem OR because you perceive them to be a sign of weakness. This actually will just make the situation worse. You are human - humans have emotions - emotions become more intense in more difficult situations. So, I don't need to know how I am going to have responded as I go out of control. I do need to know, and have something to remember, and/or think about, that can keep this from happening - that can keep me as neutral as possible, in what would be the more difficult trading periods – something that will 'push' me back to tmethod AND 'away' from tpsych.

WHAT does traderC do?

traderC is the trader who remains the most neutral in winning and losing; the most neutral in all situations. It's this neutrality that becomes essential in keeping the emotions from becoming a trading psychology spiral, as the trader can 'accurately' evaluate their losses in terms of method. This trader will only trade their most 'base' method setups after any difficult period AND IF these lose, so be it, that possibility has already been accepted. Go on to the next method trade – it probably will be a winner.

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In the beginning… The caveman needed to survive. Man found safety in groups. It was not a matter of preference, it was a matter of necessity. If you were not a part of a group, your chances for survival were slim. Conformity to the majority became necessary to stay in a group and physical strength was the dominant factor for group leadership. Those who were strong and successful in the art of survival had the majority influence toward.

Turnover issues can affect your company's profitability, customer loyalty, sales, productivity, and employee morale. Below are examples of turnover costs from some reliable sources:

A successful Franchise System boils down to thee things - Structure, Systems and Training. If these elements are not present, there is a strong possibility that the Franchise System will either be in litigation or fail within the first couple of years.

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