TD-SCDMA was considered to be the continent to achieve self-3G communications technology specifications dream, even though mainland China so far, including mobile phones and system operators, and even Taiwan IC design industry MediaTek, TD-SCDMA is still a wait for implementation, and has been gradually the practice of dream, however, with the Freescale (Freescale) into its mobile phone baseband and RF chip product line was sold to Beijing Beijing core, for the international chip suppliers, TD-SCDMA was like a nightmare, including Analog Devices (ADI), NXP (NXP) and Freescale Fun gradually forced to withdraw from the global mobile phone baseband chip market.
Analog Devices took the lead in mobile phone chip product line sold to MediaTek, NXP also in 2008 will be related to product lines sold to STMicroelectronics (STMicroelectronics), and even through direct investment, access to mainland China IC design companies COMMIT equity Nokia (Nokia), and Texas Instruments (TI), also COMMIT after blowing taps forced to exit the market; as Freescale is the choice in 2009, the mainland state-owned enterprises as the final buyer, bringing the involvement of all the original TD -SCDMA system development of foreign handset chip suppliers, have stop-loss off.
In fact, including Analog Devices, NXP and Freescale’s TD-SCDMA system in the choice as an investment target, and plans to launch last-ditch, and then to have tasted the bitter fruit of recovery is too slow and was forced to exit the market, the final choice sale of the product line a passer-by. Freescale CEO Rich Beyer will be admitted, have invested too much but the recovery is too slow, yes Freescale consider their own competitiveness to opt out of the global mobile phone baseband chip market key, he was laying bare the current global mobile phone baseband chip market competition in dilemma.
Chip supplier said that despite the development of TD-SCDMA system, more than five years, but as of June 2009, TD-SCDMA system is mainly announced by leaders of China Mobile TD-SCDMA users is only about 99 million people, accounting for the current number of users the proportion of more than 500 million people is less than 1%, even though the second half of 2009 China Mobile TD-SCDMA user goals can be further increased by about 3 million people in the next 2 to 4 years will be an increase of about 3,000 million users, but this compared to TD – SCDMA system, a huge amount of investment is still insignificant.
Chip suppliers that the China TD-SCDMA system, the amount of investment is too large, but the amount and timing of recovery is getting slower and slower operating difficulties in the short run seems to be no better chance, the big question is likely to continue to plague remained in the pit fighting all the chip suppliers.
However, the mainland TD-SCDMA chip market situation of the war has been from the original domestic and foreign competitors, mixed race, now transformed into MTK, Spreadtrum and other mobile phone chip makers cross-strait apply on competition, the kind of “home advantage” if the two sides will make mobile phones chip suppliers out of the woods, however, await further validation of the time.
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Decades ago, surveying your audience required a significant investment of time, effort, and money. You could interview your audience personally, over the phone, or conduct your survey through an expensive mail drop (which half of your population would ignore).
The landscape has shifted over the last decade. In the same way that the internet has changed the way we purchase products and services, it has altered the manner in which companies interact with their respective markets. More businesses than ever are leveraging online surveys to attract the data they need at a substantially lower cost. This article will provide a high-level view of the advantages and potential drawbacks of using online questionnaires.
Shortened Response Collection Time
It’s no longer necessary to send researchers into the field to personally interview people. Nor is it necessary to maintain a team that enters individual responses into a statistical analysis program. By posting your questionnaire online, the data can be collected and collated automatically. This dramatically reduces the window of time between your survey’s launch and being able to take action on the responses. Indeed, what once required weeks now takes days.
Also, by allowing respondents to complete your survey online when it is convenient for them to do so, you’ll enjoy a higher response rate. The more people who participate, the more reliable your data.
More Flexibility In Design
Questionnaires that are used in a “real world” environment lack flexibility. For example, consider a market research survey that is soliciting responses from a broad audience. There will be many people within that population to whom questions will be irrelevant. A researcher or interviewer would be tasked with identifying which questions were relevant to the individual participant.
Online surveys make use of skip, pipe, and branch logic to personalize each item on the questionnaire. Skip logic allows each participant to automatically pass over items based on their responses to previous questions. Branch logic lets you (the surveyor) send participants along different routes based on their previous responses. This type of technology not only saves time, but makes the experience more fluid for the respondent.
Better Profile Targeting
Because you can control the paths by which participants find your online questionnaires, you can target specific profiles. For example, suppose that you operate an online bookstore. If you maintain a robust customer database, you can send email invitations to specific groups of customers. You can target them based on the types of books they have purchased, their average order size, and the recency of their orders. Better profile targeting yields more valuable data.
Potential Drawbacks: Server Crashes And Programming Errors
Depending on the software or third-party vendor you use to manage your online questionnaires, server crashes and programming errors can occur. When they do, they can become problematic. For example, if you’re using an in-house solution and your server crashes, you may lose your data. Or, if you have hired a programming team to design your survey software, and they have done a less-than-perfect job, it can lead to errors during the execution phase. This may cause confusion among respondents, leading to a rise in your abandonment rate. Worse, it can influence the purity of your data.
The advantages of conducting online surveys far outweigh the potential drawbacks. In fact, server crashes and programming errors (arguably, the two most significant drawbacks) can be eliminated by choosing the right third-party software vendor.
Price, while important, should not be the sole criteria by which you identify potential providers; many low-priced vendors offer very little flexibility on an unreliable infrastructure. Instead, consider price, level of support, feature set, and server reliability. Those four criteria will help you find a reliable survey software provider that can meet your company’s needs.
SurveyGizmo is a leading provider of , for more great ways to use surveys to enhance your business check them out online at Article Source:
There are many small businesses nationwide that have been severely damaged by the credit constraints after a year of economic woes. However, while many small businesses have had to close their doors, others have managed to survive using invoice survival tactics such as invoice factoring.
It is definitely too late for all of the United States businesses that have been forced to close their doors over the last year, even though the Obama administration is now planning to assist small businesses in applying for loans. What’s more, the U.S. House of Representatives is planning legislation toward increasing the ceiling on federal government loan programs. This commitment to small businesses includes additional loan increases outlined in the House bill; redirecting some of the unspent funds from the Treasury’s Troubled Asset Relief Program (TARP).It will also provide capital to regional banks and communities nationwide.
There are an estimated 29.6 million or more small businesses in the U.S: They employ more than half of the country’s private sector workforce; and hire 40 percent of high tech workers. This includes about 52 percent home-based businesses and apx. two percent franchises; represents 97.3 percent of exporters of goods and 99.7 percent of all employer firms. It is the small business sector generating a majority of innovation that comes from U.S. companies.
Over the last year, tight credit markets have continued, scores more businesses closed, and now even a fast track plan may be too late to save some small businesses that have been critically damaged by the economy.
In the year 2008, small business openings and closings included: - 627,200 new businesses, and 595,600 business closures, with more than 43,546 bankruptcies. - Seven out of 10 new employer firms survive at least two years, and about half survive five years.
These findings do not differ greatly across industry sectors.
There are many businesses that have managed to stay in business and benefit from the working capital garnered from invoice factoring for small business in the face of these credit constraints at mainstream banks.
Factoring is not a loan – it is the purchase of financial assets, or receivables, and it differs from traditional bank loans in that bank loans involve two parties, while factoring involves three parties. Most financial institutions base their decisions on a company’s credit worthiness, whereas factoring is based on the value of the receivables.
Accounts receivable factoring benefits businesses that do not get paid for 30 to 60 or 90 days by advancing up to 90 percent against invoices to be paid.
Factoring begins with due diligence that typically takes one to two business days, and after this has been completed the client is at liberty to offer invoices to IFG for purchase. Upon receipt of invoices, IFG checks the credit of the debtor named on the invoice and makes sure that the sale represented has been satisfactorily completed. Once this is done the debtor is advised of the purchase by IFG and the client receives their funding.
Sources: U.S. Small Business Administration Office of Advocacy, September 2009; Survival and Longevity in the Business Employment Dynamics Database, Monthly Labor Review, May 2005. Redefining Business Success: Distinguishing Between Closure and Failure, Small Business Economics, August 2003.
Kristin Gabriel is marketing professional who works with The Interface Financial Group ( North America’s largest alternative funding and source for small business. The company provides short-term financial resources including invoice factoring, serving clients in more than 30 industries in the United States, Canada, Australia and New Zealand. IFG offers , accounting, finance, law, marketing and banking.
In a power generation facility uninterrupted steam production is vital. It follows logically then that a reliable source of boiler quality feed water is also vitally important. Frequently these days this means the installation and operation of an Industrial Reverse Osmosis (RO) system.
The use of RO in power generation facilities has become increasingly common over the last 15 years, especially in newly built facilities. Reverse Osmosis retrofits to the boiler water pre-treatment systems of large, older power generation facilities are common as well, irrespective of the fuel source.
This article presents 5 operational considerations when purchasing an industrial reverse osmosis system for your Power Generation facility.
Industrial Reverse Osmosis Consideration #1: Focus on the permeate
In Power Generation facilities normally the permeate is the desired water stream. System designs with more than one pass may be needed to ensure that the final product is of the specified purity. Other considerations may include RO redundancy to allow some trains to be removed for cleaning or membrane replacement, boiler makeup demand vs. RO flow rate, the need for an RO water storage tank, both upstream for the RO feed and downstream for the permeate.
Industrial Reverse Osmosis Consideration #2: Sometimes you’ll focus on the reject
If the reject is the desired product, multi-staging may be necessary. In a power plant, wastewater and in some instances cooling tower blow down will be concentrated using multi-staging RO to reduce the total quantity of water that must be treated to final effluent standards.
Industrial Reverse Osmosis Consideration #3: Prevent scaling of the RO membranes by hardness, strontium, or barium
The three most common means of preventing scale build up in Power Generation RO systems are; feeding acid to control pH, installing a softener ahead of the RO system and feeding an antiscalant.
Industrial Reverse Osmosis Consideration #4: Prevent microbiological fouling of the membrane
While generally not as damaging as mineral scale, microbiological fouling can significantly reduce the efficiency of a Reverse Osmosis system. Again, preventing fouling is a far more effective strategy than fouling remediation. Microbiological fouling of Reverse Osmosis systems is generally done by controlling the MB content in the RO feed water to a specified maximum using a biocide.
Industrial Reverse Osmosis Parameter #5: Prevent non-microbiological organic fouling of the RO membrane
This is most successfully done by controlling the COD of the RO feed water. If the RO feed water is plant service water and uncontaminated (or does not contain recycled water or waste water) then the COD is almost always color or decaying vegetation. Both can be removed through proper upstream clarification or an anion exchanger.
If the RO feed water contains a recycled or waste component, then the COD can be almost anything. In this case, proper upstream treatment using secondary (biological) treatment of the waste or recycled stream will be needed to reduce the COD to levels such that non-biological organic fouling of RO membranes does not occur.
An in-depth discussion of Reverse Osmosis design considerations for the Power Generation Industry including tables and drawings can be downloaded in the free 11 page Layne Christensen white paper titled Eleven Things to Consider When Purchasing a Reverse Osmosis System for Your Power Generation Facility.
As a leader in the development of Reverse Osmosis (RO) systems, Layne Christensen Company has the technical expertise to design and build reverse osmosis systems for all of your plant water needs. Beyond RO, Layne Christensen’s Water Treatment Division Research & Development team focuses on refining and expanding the water treatment methods we currently employ so we can meet the most demanding challenges head-on with innovation.
Your concerns about water quality are Layne’s concerns as well. The Water Treatment Division has been resolving water quality problems for over a half century, installing thousands of treatment systems throughout North America. You can reach our technical experts through our website at www.LayneWater.com or by phone 262.246.4646.
A complete list of design considerations is provided in the free ($97 value) Layne Christensen technical paper. Grab your copy of Design Considerations while they are still available. For additional Reverse Osmosis Information visit Article Source:
In a power generation facility or any industrial facility that uses large amounts of steam, uninterrupted steam production is vital to the facility. Often this means that somewhere upstream of the boiler there is an industrial reverse osmosis system. The purpose of this system is to ensure an uninterrupted source of ultrapure boiler feedwater is also vitally important.
The use of RO in industrial and power generation facilities has become increasingly common over the last 15 years, especially in newly built cogeneration and independent power generation facilities. Reverse Osmosis retrofits to the boiler water pre-treatment systems of older industrial facilities are common as well. This is especially true for base-loaded traditional utility power generation facilities regardless of fuel source.
This article presents 6 operational parameters for your consideration prior to purchasing a Reverse Osmosis system for your Power Generation facility.
Reverse Osmosis Equipment Parameter #1: The Cost of Wastewater Treatment
Wastewater treatment or disposal costs are continually increasing. For those plants where the cost is becoming punitive, it might make more economic sense to design the wastewater RO system with additional stages to reduce wastewater to the minimum possible amount. In some “zero discharge” power generation facilities specialized Reverse Osmosis systems and other equipment such as crystallizers may be required. To provide an example of just how dramatically multi-staging can reduce wastewater volume consider that a 400 gpm, 400 micromho stream can be reduced to just 7.5 gpm with a 3-Stage system! The conductance of course increases dramatically along the way rising from 400 micromho to 21,320 micromho!
Reverse Osmosis Equipment Parameter #2: Choose Either Cellulose Acetate (CA) or Polyamide Composite (PA) RO Membranes
Cellulose Acetate and Polyamide Composite membranes vary widely in the way their physical and chemical resistance. Fluid temperature, pH and chlorine resistance are just 3 examples of fluid characteristics that would make you favor one over the other. Operating pressure is another. CA membranes can operate at significantly higher pressures (greater than 450psi) vs. PA membranes (300psi maximum).
4 RO Feedwater Characteristics and Variability Parameters to Consider
The RO feedwater must meet certain criteria. If not, RO membranes will perform poorly; they will foul quickly, require excessive and expensive cleaning, and may become damaged to the point where they must be replaced prematurely. When this happens permeate water quality and output will decline.
In addition, care must be paid to the variability of the plant service water that feeds the RO system. Surface water can vary seasonally, and during spring run-off, turbidity can increase to well over 500 Nephelometric Turbidity Units (NTU). Even well water can vary in dissolved solids content.
Reverse Osmosis Equipment Parameter #3:
How variable is the plant service water seasonally in dissolved solids, COD (Chemical Oxygen Demand), color, turbidity, temperature, and suspended solids? Is the treatment equipment upstream of the RO system capable of handling any excursions?
Reverse Osmosis Equipment Parameter #4:
For surface water sources, how variable is the plant service water during spring run-off, and during lake turn-over? The turn-over occurs twice annually, when the lake temperature passes through 40° F [4.4° C], the point of maximum water density. During this turbulent time there is a significant increase in suspended solids and turbidity as dirt and silt are stirred up from the bottom.
Reverse Osmosis Equipment Parameter #5:
For a newly drilled well, how stable is the water chemistry? While Total Suspended Solids might remain stable, Total Dissolved Solids can vary seasonally and throughout the life of the well.
Reverse Osmosis Equipment Parameter #6:
Test the Silt Density Index (SDI) frequently. The Silt Density Index is a measure of the fouling tendency of the feedwater to a RO system. Typically, spiral wound reverse osmosis systems will need an SDI less than 5, and hollow fiber RO systems will need an SDI less than 3. If necessary, have a particle size distribution study done on the suspended/colloidal solids in the plant service water and the RO feedwater.
An in-depth discussion of Reverse Osmosis equipment design considerations for the Power Generation Industry including tables and drawings can be downloaded in the free 11 page Layne Christensen white paper titled Eleven Things to Consider When Purchasing a Reverse Osmosis System for Your Power Generation Facility.
As a leader in the development of Reverse Osmosis (RO) systems, Layne Christensen Company has the technical expertise to design and build reverse osmosis systems for all of your plant water needs. Beyond Reverse Osmosis equipment, Layne Christensen’s Water Treatment Division Research & Development team focuses on refining and expanding the water treatment methods we currently employ so we can meet the most demanding challenges head-on with innovation.
Your concerns about water quality are Layne’s concerns as well. The Water Treatment Division has been resolving water quality problems for over a half century, installing thousands of treatment systems throughout North America. You can reach our technical experts through our website at www.LayneWater.com or by phone 262.246.4646.
A complete list of design considerations is provided in the free ($97 value) Layne Christensen technical paper. Grab your copy of Design Considerations while they are still available. For additional Reverse Osmosis Information visit Article Source:
This article is about money management and trading psychology. This is the lesson that you never get with 99% of other Forex systems that you have come across.
I find it interesting that most of the systems out there don’t include this because if they actually were successful traders, they would know that this was the key to success and to leave it out makes an incomplete system that won’t work!! This tells me that the people that wrote them or are selling them aren’t traders at all. They are just in the business of selling HOPE!
Well, if you haven’t noticed yet, I am a trader, and I am different than the others. Don’t get me wrong, there are honest trainers out there, I learned from one and I am eternally grateful to him.
So let’s get on with this. First of all, this is my own interpretation of several sources, and the practices that have worked for me. Please read EVERYTHING you can find on trading psychology, and money management. There are a lot of slightly different views but overall, they are very similar and the main important points are all pretty much the same.
There are two main issues that cause 99% of the problems. Can you guess what they are? If you answered FEAR and GREED, you are correct. These two emotions are probably responsible for 99% of the worlds problems as well but that is beyond the scope of this course À .
So, now that we know what the big obstacles are, let’s try and figure out how to overcome them. In the course of my lessons, I have listed a few but I will put them all together here in one place so that it is easier to follow, and perhaps make it easier for you to develop your own system to help you trade better.
We can’t eliminate fear and greed. They will still be there in your heart and mind, but we can make some rules so that they don’t interfere with your trading success. We can come up with systems and procedures to follow, since we KNOW ahead of time that fear and greed are major problems. I’m sure you have heard the statistic that 95% of all speculative leveraged traders FAIL. This is absolutely true. Here is another statistic that I believe…100% of traders that don’t know how to overcome fear and greed will FAIL. So does that mean that if I can teach you how to overcome these problems that your chance of success is 100%? Of course not. But I can tell you that you cannot be successful if you don’t protect yourself from yourself.
In lessons 1-3 I have outlined a trading system. The first thing you must do, whether you follow my system, another system, or your own system is to follow the rules of the system WITHOUT FAIL. If your system calls for a certain entry point, do not enter until there is a signal to enter.
Systems are designed for a reason. That is why it is called a system. What do we learn from this? Patience. Perhaps the stupidest thing you can do is enter a trade on a hunch. This brings us to our first FACT:
The odds are in your favor before you enter a trade. This is true for most trading systems. Void of fear and greed, if you follow each system exactly, you will profit. Some systems may offer better profits than others, but overall you should be able to profit with any system, IF you have no fear and no greed.
This brings us to THE BIG SECRET. Other than omitting trading psychology, other systems also don’t tell you that you are playing a game of odds. Let’s say for example that we are playing “coin toss.” Theoretically, for 100 flips of the coin, 50 will come up heads, and 50 will come up tails. Of course, the first 100 may be 55/45, but the more you play, the closer to 50/50 the numbers will get. Our system for “coin toss” is as follows: We play for 20 hours, and flip the coin exactly 5 times each hour, and for every heads that comes up, we get paid $2, and for every tails that comes up we pay $1. This should be a profitable system. After our game we see that heads came up 50 times and tails came up 50 times. (Stay with me here). So at the end of 100 tosses, we have paid $50 and received $100. A profit of $50.
So let’s say that during our second game of coin toss, we decide that we are going to let the flipper(hint: the market is the flipper) keep flipping the coin for an hour while we take lunch but we are not going to pay or be paid for those flips. During our lunch hour, heads comes up 5 times in a row (which is theoretically possible, and not that unlikely). And now we are back from lunch, and we are down $10 for the hour. Now, theoretically the odds of 5 tails in a row coming up after 5 heads in a row are pretty good because for every ten tosses, you should have about 5 heads and five tails. So now we get 5 tails in a row and now we are down another $5, for a total of $15. So not counting the 5 tosses during lunch, this leaves 90 tosses that we still have to account for and let’s say that they were 45 heads and 45 tails. Our profit for these tosses is $45 (45×2 minus 45×1), now if we take away the $15 for the tosses we didn’t take, and that string of losers, we are left with a profit if $30. So lunch and 5 lousy spins cost us 40% of our profits.
Now this is theory but it absolutely applies to this market. If you are picky about what trades you want to take and what trades you don’t want to take, you are MESSING
WITH THE ODDS. My point for this whole big story about “coin toss” is this: If the conditions are met, TAKE THE TRADE without hesitation. The odds are in your favor, but only if you take ALL of the trades that meets the conditions. When I say ALL trades I know the market is open 24 hours a day and you can’t possibly take every trade. You need to pick a time frame and stick to that same time frame everyday and take ALL trades during that time frame.
I can tell you that in the month before I realized this (my first month of trading real money actually), my total profit was 92 pips. I had an idea of what I was doing wrong so I was keeping track of the trades that I didn’t take along with the ones that I did. I included entry point, day, time, and whether the profit target was hit or if it was stopped out. Don’t get me wrong, I was extremely happy to be in profit after trading for only one month with real money. But then I went back and looked at the numbers for “what could have been.” Guess what? Had I taken every trade that met my conditions, my profit for the month would have been 355 pips! I was not happy. But soon I realized that I had messed with the odds. After realizing what I had done wrong (or not done right in this case) I began to have more confidence in my systems. The very next month my total profit was 515 pips, or a 560% improvement just for taking all of the trades that met the conditions. I think that is enough said about that.
Sorry to stay with the coin flip game here but it actually works very well in teaching these principles. This brings us to FACT #2. You do not need to know what is going to happen to make money. If we know that we are going to make $2 fifty times and pay $1 fifty times as long as we flip the coin, are we going to play? Of course! Well, all trading systems have similar odds. From my testing, I know that this system on average will produce 9 wins of 20 pips for every 1 loss of 40 pips (that number may vary but that is the maximum loss I ever take). So we know ahead of time that 9 wins at 20 pips is 180 pips, and minus the loss of 40 pips, leaves us with 140 pips profit. Now keep in mind that you may be 8 and 2 this week and 10 and 0 next week. We never know when a loss is going to come. We may even lose every trade for a week, but not lose a trade for the next 9 weeks. Believe me it happens. You do not need to know exactly what is going to happen, you just need to take every trade that meets the conditions and then count your profits at the end of the month/week/year etc.
This section deals with money management as well as psychology. Back to coin toss for a minute. We know that each win brings us $2. And we know that for each win in this trading system we get 20 pips. We know that each tail that comes up costs us $1. And in our system we know that each loss is 40 pips. If we know what our loss is going to be ahead of time, we know what it is going to cost us to find out “what is going to happen.” From this we can decide how much we want to risk based on our account size.
FACT 3: You know how much it will cost to find out. I have decided not to ever risk more than 5% of my account on any one trade. So knowing that, I can figure out how many lots to trade ahead of time based on my account size. It may cost $250 in margin for a 1 lot position but this is not what we are risking, we are actually risking ten dollars times the number of pips in our stop. If our stop is 40 pips, we are risking $400. Now we know that we better have at least $8000 in our account to take a position of this size. If this trade turns out to be a loser, and our balance falls to $7600, we know that we can’t afford to take that trade again because a loss of $400 is more than 5% of our balance. We would need to adjust our number of lots down accordingly to keep our risk <5%. We also don’t want to increase our lot size to try and make up for that loss. Always reduce your risk if your account balance falls. The next thing we don’t want to do is immediately increase our lot size after a winning trade. It is better to trade at the same lot size for 15 or 30 days at a time before increasing lot size. This allows the account to build steadily without large swings in either direction.
FACT 4: There is a random distribution between wins and losses for any given set of variables that define an edge. Your trading system is your edge, but you never know in what order your wins and losses will come. Be prepared for this and accept the losses, knowing that the odds are still in your favor.
This brings us to our final two facts.
FACT 5: Every moment in the market is unique. Yes we use pattern recognition to define our edge but there are so many variables in this market that it is impossible to ever have the conditions exactly the same as any other moment. You could play 100 games of coin toss and no game will have the exact same order of wins and losses, even though they may have similar outcomes.
FACT 6: Because of fact #5 we know that ANYTHING CAN HAPPEN. This is why it is important to follow the trade rules exactly and play the odds. Every broker/trading system has a disclaimer that says basically “do not trade with money you can’t afford to lose.” The best thing you can do when you open your real money account is to mentally consider that money GONE. If you are not afraid to lose it, you will save a lot of stress and your trading will improve. Only you can determine what you can afford to lose, so just don’t put more in there than you are willing to lose. Compounding is an amazing thing that we will talk about in section 5, and the money will come if you follow the rules. If you start with less, it will just take a little longer but once again you will save a ton of stress.
TRADING WITHOUT FEAR AND GREED
1. I Objectively identify your edges. You have a system here that works, enough said. 2. I Pre-define the risk of every trade. We covered that in FACT #3. 3. I Completely accept the risk. Consider the money GONE.
4. I ACT on my edges without reservation or hesitation. Follow the rules and take every trade that meets the conditions. 5. I pay myself as the market makes money available. Take your 20 pips and be happy, or trail your stop. Even if you are compounding your account, pay yourself something out of your profits each month. It will make you feel better. (On a side note: I take 20 pips for every trade until I am up 200 pips for the month. I do not even think of trailing my stops until I am up 200. Once I am comfortably in profit, I start to look for solid opportunities to trail my stop and grab some extra pips.
Even if they only go 20 and then come back, I still make 5 pips. 20 of those still adds up to another 100 pips.) 6. I continually monitor my susceptibility for making errors. I read Mark Douglas’ book monthly, and make up sheets with my rules on them that I read daily. This helps me to see plain as day when I make a mistake. 7. I understand the absolute necessity of these principles, and therefore I never violate them. I have included a sheet that you can print out to keep near your computer to read every day. Read these facts and rules every day even if you memorized them. Finally,
FOUR STUPID THINGS The first stupid thing you can do is to close a position early because you think it is going to go against you. Just because you have an edge over the market does not mean that price will immediately shoot up or down to your target. Price will move up and down and will even probably move against you before it moves in your favor. If you let FEAR of LOSS get you, you will lose money. If the market is going to take you out, let the market take you out by taking out your stop. That is why it is there. The odds are still in your favor.
The second stupid thing you can do is to close a position early because you don’t think (or you are AFRAID) that it won’t reach your target. If you don’t play the odds properly, you will not realize the full profit potential. What if in our coin toss game we decided that we were going to take our profit for a “heads” at $1 instead of the $2 that we were supposed to get paid? If you remember, our profit was $50 for the first game. If we had only taken $1 for each win, we broke even. That is a lot of effort for nothing. Even worse, if we make some mistakes along the way (we all know that we are perfect traders right?) as we did in game number 2 where our profit was $30, we can lose money by not taking enough profit. Remember that we had a $15 loss for our mistake and 90 spins remaining. If we had taken only $1 for each of our 45 winning spins we would have broke even, minus the $15 puts us down $15 overall instead of being up $30. The system is designed for a 20 pip target, GO FOR IT.
The third stupid thing you can do is to get greedy. As I said in my sales material, if you had shot for 30 pips instead of 20 for the trades I listed, the profit would have been about half of what it was for taking just 20. Interesting how this whole thing works, huh?
Just taking 5 or 10 pips can be considered GREED as well as FEAR since you are so afraid of loss that you get greedy for those 5 or 10 pips compared to the potential loss of 20-40 pips. Don’t let it get you, follow the rules and be happy with your 20 pips.
The fourth stupid thing you can do is move your stop, believing that the market will eventually go in your favor. This is the fastest way to lose money. We are DAY traders. Yes the market may go in your favor but it may move 300 pips the other direction before it does, if it does. This could take weeks or months and you have a limited account balance. If 5% of your account is tied up waiting this position out, guess what. You are missing 20 other opportunities to make money instead of just sitting there waiting, down a hundred pips while you miss the opportunity to make 20 trades for 20 pips each. Maybe you break even, when you could be up 400 pips. JUST DON’T DO IT.
THE BEST THING YOU CAN DO
Once you place your trade, and place your stop and limit, TURN YOUR COMPUTER OFF and go do something else. You are now in automatic mode, and the market will take you out, either for a profit or for a loss. This is the best way to eliminate the temptation to succumb to FEAR or GREED and do something stupid.
The rest is up to you. Only you can decide whether or not to follow the rules and believe in the facts. This lesson is the most important to your success and I hope you won’t take it lightly. If you are trading and following the rules of your system, and not making money, you need to take a look in the mirror. It is not the system that is the problem, it is you. I am not trying to be harsh, but when I was not making money, it was not the system it was me so you are not alone. Don’t give up, because you can be successful if you just work through and figure out the problem.
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At present, the mobile phone is not better than the days of big brother. Recently, the world’s two major mobile phone makers Nokia and Sony Ericsson reported third-quarter results were announced, the two companies have received a substantial decrease in the same period last year bills.
Nokia, the first time in nearly 10 years, quarterly losses, this quarter, Nokia sold 108.5 million, compared with same period last year fell 8%. Sony Ericsson in third-quarter shipments of 14.1 million handsets over the same period last year dropped by 45%.
For the year fell sharply, the two companies have admitted that because of the continuing result of severe market conditions. Apple, Blackberry and other products fast becoming the darling of the smart phone market, to create a great impact on traditional markets.
To occupy the top spot over the years Nokia’s mobile phone market seems to have realized that a sense of crisis, and Intel cross-licensing agreement was less than 100 days, also announced that Microsoft co-develop mobile phone version of office and unified communications products. Left pro-Intel, Microsoft, the right football, for this has a global 1 / 3 of the giant mobile phone market share for such a positive attitude in the past are very rare alliance.
With Nokia and Sony Ericsson and other painful experiences as a starting point, a mobile phone market shuffling has just begun. Apple, BlackBerry, GPhone, Palm has become hot, but in order to Acer, Dell and other PC makers, represented by a large number of companies are ambitious to enter the smart phone market. In China, Lenovo, Dopod, Huawei, ZTE and other opportunities to seize the smart phone manufacturers have begun to come to the fore.
Development of the industry trend of 3C integration is of course one of the reasons, but people are most likely to associate or from the Google Android mobile phone operating system threats. In the previous long period of time, the Nokia-led Symbian in the global 150 million – that is, half of the market – the mobile phone running, the mobile phone operating system, the leader in this category.
Currently the world’s Android Alliance members have reached 48. More ironically, after, or members of the Symbian camp, handset makers Samsung, Sony, Motorola, Android alliance have changed. At this point, the world’s four major mobile phone makers, only Nokia by itself, it’s still stubborn jealously guarding its Symbian.
Of course, no one doubts are still firmly occupy the Nokia mobile phone market absolute dominance, but the global “mobile phone hegemony” is, indeed, facing an unprecedented trouble. Just a few years ago when the popular RAZR series, no one believed that Motorola would be the same as the rapid decline.
Is not only Nokia, Sony Ericsson, for all mobile phone makers, today’s life is definitely not better. There are now, Google with Android’s flourishing, Microsoft, Dell’s strong entry, each mobile phone makers need to catch up before the arrival of the mobile Internet era, in order to win themselves a place in the most advantageous.
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In the run up to, and during the Liverpool City Capital of Culture 2008 award, huge amounts of business inward investment poured in to consulting services business and in particular business services Liverpool.
Much of this investment came from European government funding, but huge tranches of investment were offered by private investors and equity firms.
Surprisingly although most of the finance was earmarked for Merseyside, regional areas like Wirral and Manchester Liverpool benefitted. It was a great time to be strategically located as either a business consultant Wirral Liverpool or a business consultant Liverpool England.
Business consultant Wirral Liverpool England discloses some top consultant secrets utilised in power driving many Manchester Liverpool businesses into high growth status.
In the run up to the European Capital of Culture business services Liverpool formed a Wirral partnership for consulting services business to reap the business opportunities offered by inward investment. Learn the business consultant Liverpool England top consultant secrets.
One of the best kept top consultant secrets was the availability of business funding for business services Liverpool and consulting services business especially for business training and business development.
Registered Merseyside businesses including a Wirral partnership of consulting services business could receive up to 50% to 60% grant funding to help grow businesses.
All you had to do was register as a professional business consultant Wirral Liverpool or a business consultant Liverpool England and any businesses you were providing business training and business development strategies for would benefit from only having to pay half the consulting services business fees.
There were some obvious resrcitions but the system was developed to help businesses grow and prosper.
Although in the business world Manchester Liverpool are geographically close neighbours, a lot of resentment set in because a business consultant Wirral Liverpool or a business consultant Liverpool England could provide a business quote for the same job as a Manchester business consultant, but the business consultant Wirral Liverpool would offer the added value of the client only having to pay for half the services.
This, one of the top consultant secrets, did create animosity and resentment from not just Manchester consultants, but from any business consultants located throughout the UK who were tendering for work in the Liverpool region.
The Wirral peninsula is located approximately a mile and a half across the River Mersey, and therefore any consultant offering consulting services business were considered eligible for grant aid by virtue of a loose form of Wirral partnership.
Providing the consultant was registered with a Merseyside postal address and provided business training and business development skills to help business thrive, and they passed the due diligence tests implemented by the awarding agencies, then they were effectively tendering for consulting services business at half the going rate.
For Merseyside registered businesses seeking growth and expansion, business services Liverpool offered a very attractive life line. Many businesses capitalised on consulting services business that they would typically have been unable to afford.
One of the best kept top consultant secrets was that Liverpool businesses who did capitalise on these business services Liverpool, flourished and many were able to ride out the incoming storm of the 2009 economic downturn.
The awarding of financial investment and grants for business training and business development was not restricted to consulting services business. Ordinary businesses registered in Merseyside could also apply for grant funding to help grow their business.
Almost by default many businesses used the 50 to 60% funding as a business crutch. It made them hyper competitive when tendering for work, however this in itself forced many business failures post capital of culture year as many of these businesses failed to regain their place in the market when having to increase their fees by 50%.
As with all good times there was a downside. The aftermath of Liverpool 2008 Capital of Culture European City brought every registered business consultant wirral Liverpool or business consultant Liverpool England a terrible reality check.
Many of the businesses who had utilised the grant system for years could not compete in the business marketplace when having to charge full fees.
Many found it impossible to compete with other likeminded businesses who had not used the grant system as a business crutch. Everyone knows it is much easier to re-sell to an existing customer than it is to a new customer.
However when the Manchester Liverpool businesses offering grant aid tried to up-sell to their existing customers at the full market going rate, many customers deserted them because they no longer offered the financial grant aid.
Few Manchester Liverpool businesses can argue that business grant aid helped to regenerate the city of Liverpool, but I believe more thought should have gone into developing long term sustainability for business services Liverpool, and the informal Wirral partnership.
One of the top consultant secrets, is that post capital of culture year, the business consultant wirral Liverpool and business consultant Liverpool England is thriving.
There is no shortage of Manchester Liverpool businesses seeking exponential growth through consulting services business. Most consultancy companies connected to business services Liverpool or the Wirral partnership are delivering increased amounts of business training to aid overall business development.
Another of the top consultant secrets is that the concept of the Business consultant Wirral Liverpool England is being rolled out nationally and then internationally. Businesses will be able to access consulting services business from outside Manchester Liverpool.
The International Business Guru & Growth Consultant grows businesses fast delivering exponential growth, increased turnover & profit margins. He delivers business support to small, medium & large businesses in 42 countries. To claim his FREE business case files e-mail him at drmarkdyates@aol.com
Captain Jack Sparrow in the movie “Pirates of the Caribbean” has been forced ashore by a mutinous crew. We see him stranded on an island drinking rum with his lovely companion beside a fire. They are discussing his ship. “It’s not just a keel, a hull, and a deck and sails. That’s what a ship needs. But what a ship is, what the Black Pearl really is . . . is freedom.”
As an idealistic young investor in the ’80s I felt the same way about the investment of my retirement savings. Those investments represented financial freedom. With the passage of time life gets more complicated; deciphering financial statements and reviewing all the investment options available can leave us bewildered. We may have a sense the ship has run aground. We feel disconnected from the original meaning or purpose of our investments. We aren’t sure if our money is working for us and if it is working in a way that matters to us. How can we get back to basics and recover our sense of direction? What does investing really mean to us personally?
When we invest in stocks or bonds we are essentially investing in business. Let us consider an example of investment in a small local business. A sausage maker is trying to raise half a million dollars to start his business. You may know the chef personally or know of his reputation. You’ve enjoyed his product and respect his passion for and commitment to making a wonderful sausage using the best organic ingredients. A number of people come together to invest in this business. They might lend to the business (becoming bond holders) or provide equity (becoming stockholders.) The investors provide the capital that allows the business to be born.
Think about the importance of these collective investments and the value they bring. Providing all the capital himself could be a huge personal risk for the sausage maker. So the risk is shared among the investors, none of whom assumes a risk that he or she cannot afford. In fact each investor may benefit financially while serving the needs of the community in a delicious way. The act of investing serves an important and critical function in our economy.
On a personal level, you the investor have put your hard-earned money into this project for a variety of reasons, some of which may be pride in being involved with such a high quality product, a belief that people will love the sausage and the expectation that you will receive a good return on your investment. You appreciate the man’s commitment to sustainable practices. You believe in his ability to be a good manager and careful steward of the capital you have placed in his hands.
As with any investment there are risks, but you feel you can understand them. The business may fail after a few years or you might not get the return you had hoped for. You have invested with the sausage maker based on your priorities and values, some of which you share with him. You care about his success not only because you want a good return on your money but also because you love his products. Your life seems richer for having experienced them. The relationship between the business and you as an investor is very tangible and personal.
Investing for our retirement years now seems so far removed from this paradigm. How can investing in a 401k, an IRA or a mutual fund have that kind of meaning? Making choices here is not like investing with the sausage maker. You own stocks and mutual funds. Are the managers of these companies or funds people whom you know and trust? Do you have the same faith in them as you do in the sausage maker? Do you believe that they are making decisions that reflect your priorities and values?
Certainly we care about our investments and realize they are important. They may mean the difference between subsistence and being able to afford to do some of those things we’ve always dreamt about. However, this type of investing is not the same as putting our money with the local guy, whose success we are rooting for.
Investing can start to become more personal by checking in with yourself. Remind yourself why you are investing. What do your investments really mean to you? They may represent financial freedom. Perhaps they are your security or the potential to live your dreams. They may give your children the head start that you never had. Just as you would expect the sausage maker to be a careful steward of the investment you’ve entrusted to him, your first responsibility in investing is to yourself. Your investments are important assets in your life. By making investments more personal you will derive greater satisfaction from them and increase your chances of feeling successful in the process.
How do you create a sense of purpose and meaning in relation to your investments? The very act of investing demonstrates a belief in our country and in our way of life. Your capital is precious and important. How you invest it matters. Investing in promising medical research or a daycare center in a blighted urban area allows you to get a financial return on your money while reinforcing your belief in businesses you feel deserve support. Naturally, you need to balance these two objectives in order to protect and grow your nest egg. Examine each investment by asking, “Is this working for me, and in a way that supports my priorities and vision for the future?”
Investing can be as personal and meaningful as you choose to make it. You are the captain of your ship.
Jeff Stoffer CFA, CFP? is a principal at Stoffer Wealth Advisors, a financial planning and investment advisory firm in Marin County. His website is
According to Nielsen net ratings, every month, about half of all search engine queries are unique. This statistic, although vague and seemingly insignificant, is actually the greatest factor behind why eCommerce Soltuions fare so well in search. We interpret the statistic like this: Half of all searches cannot be predicted, the other half can be.
Great. So what does that have to do with eCommerce? The reason why eCommerce and SEO are better for each other than Forrest was for Jenny is due to the massive amount of content contained within the average eCommerce solution and that content’s ability to target both predictable and unpredictable (long-tail) search phrases.
eCommerce solutions have a major advantage over any other database driven site for a number of reasons.
Abundant Content: Unlike a blog, article directory or content managed site, thousands of search engine friendly pages can be literally uploaded and indexed by the search engines. Easy Unique Content: A product or category page needs a few tech specs and a brief description. As long as that content is unique to the site, a webmaster can litter the search engines with products and categories. The time it would take for a blog or content managed site to reach that same level using unique content is staggering. Targeting the Predictable & Unpredictable: Category pages can be targeted for predictable searches like “red widgets.” Product pages can capture the unpredictable ones like “red widgets with tassels”(provided they contain keyword-rich descriptions).
So how can you make the most of your eCommerce solution in the search engines? As promised here is a list of 25 general tips.
Most Importantly:
Pick the right solution: Get an eCommerce provider that allows you to do everything we mention in this list. And hey, what do you know? Bridgeline’s eCommerce Solution lets you do all of this… Crazy how that works out, no?
Onsite Optimization Tips
Unique title tags: The content contained within should not be repeated verbatim within the site. Put your site name after the product or category name in the title tag: Use your site to Brand, use your search engine listing to get clicks. Unique meta data: Take the time to make your meta data (description & keywords) unique for each page. Obviously, that can be tricky if you have 10,000 skus, so try and get your developer to populate that area with the product description. Use H1 tags: And put your keywords in them. Go to your source. Search for ‘ Use more than manufacturer data: If your product pages only contain the specs and descriptions that your manufacturer provides, the search engines will lump that product page together with the hundreds of other ones out there with the same specs and descriptions, meaning it won’t find its way into the search engine result pages (SERPS). Take the time to add unique copy to your product and category pages Link to other products and categories from that copy Use alt tags: I know. I heard too. They’re useless. Use them anyway. SEO is about a conglomeration of variables, not a single supreme one. Have a clear category tree: Search engines like that. Use a search engine friendly navigation: Text links are best. Don’t like text and want to use images? Make sure you use alt tags. Using flash or doing postbacks? Stop that! Create an XML based sitemap and put it in Google webmaster tools
Offsite Optimization (Link Building) Tips
Link building is incredibly difficult for eCommerce sites because no one wants to link to your drop shipping site when they can link to the real thing or Target.com. Here is what you need to know:
Build domain authority: Domain authority is basically a measure of the number of high quality sites linking to yours. The more the better. So how do you get those? Buy them: The quickest, easiest way to get Domain authority is to buy it at Text-Link-Ads.com. Unfortunately, it ain’t cheap. Take your nique products and promote them in the online community: Get out into the online community, target some top bloggers in or around your industry and try to get them talking about your unique product. Again, this doesn’t really work for drop shippers because no one is going to link to your site when there are more reputable ones out there to link to so… Put Something On Your site worth linking to: Compile a great list of resources, make how-to videos, develop a calculator, or other custom tool. If your products aren’t unique and link-friendly, you’ll need some site content that is. Submit to directories: If you go to the forums they’ll tell you to submit to hundreds or thousands of directories. Don’t. Those are not high quality links, they don’t transmit domain authority, and they’ll only waste your time… What you need to do is find lists that bloggers or independent webmasters have made. If you must, submit to the directories, but be certain they are specific to your industry. Submit articles: Again, the forums will tell you to submit as many articles as humanly possible. What I’m telling you is this:
Write 3-5 quality articles on topics that people are talking about in your industry (like what I’m doing here). Submit the articles to a bunch of article directories. Link to those articles from your homepage. Link to your homepage from those articles Link Sculpt: Place a nofollow tag on any link that doesn’t point back to your homepage. Go to relevant blogs and forums where topics pertaining to those articles are being discussed, and drop links back to them.
Link exchanges: Despite popular opinion, still work… just don’t go overboard. Deep link: Meaning, repeat 1-6 for your major categories. Buy blog reviews: Go to sponsoredreviews.com or payperpost.com and buy some reviews from RELEVANT bloggers and point them back at your category or product pages. You’ll see a boost. It won’t last forever, but it will leave you in better standing than you were in to begin. Answer questions on forums: And link back to your site in the signature Outsource to India: There are plenty of Indians looking to make a buck on forums like Digital Point. They’ll generally do everything that I just mentioned from 1-10 and they’ll do it for cheap.
eCommerce SEO Tips is brought to you by Bridgeline Software’s and . Bridgeline’s support provides you with even more power in promoting and managing your online ecommerce business.