Posts Tagged ‘was’

Himfr.com reports Foreign industry gradually withdraw from the global mobile phone baseband chip market

Thursday, December 1st, 2011

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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Article Source:http://www.articlesbase.com/business-articles/himfrcom-reports-foreign-industry-gradually-withdraw-from-the-global-mobile-phone-baseband-chip-market-1380383.html

Frbiz.com reports The development of CMMB profit model is not clear in trouble

Wednesday, November 30th, 2011

CMMB On the one hand only TD terminals, and are also subject to the profit model is not clear, develop into Miju. This is precisely the analog TV handsets provide a good industrial environment.

In China Mobile and China Mobile on the CMMB wide co-operation projects have been formally signed, the part of the opportunism of the final result of illegal domestic sales of mobile phone brand GSM mobile phone standard CMMB relevant state departments have suffered heavy fines.

Recently, this reporter visited a number of cell phone stores and found that the previous best-selling Sky CMMB mobile phone has been removed counters, leaving only a small number of analog TV signals mobile phones. “Some time ago manufacturers face severe punishment once, and now can not sell GSM standard CMMB mobile phones, but not any TD’s CMMB mobile phone users to buy, why not do CMMB mobile phone manufacturers have basically had.” Its mobile channel for official told reporters.

Currently, CMMB mobile terminal due to fees and restrictions on the industry chain manufacturers have suffered a “cold treatment.” In this case, the users demand for mobile TV is so that analog mobile TV show under adverse growth. Science and technology according to the Thai King, chairman of cloud Vijay to the “Communications Weekly” (net) at the press disclosed that so far Telegent analog mobile TV chips have accumulated shipments of over 50 million, significantly exceeding the company’s targets, and with the the increase in users, chip shipments are still further increased.

CMMB in bottleneck

From a technical perspective, analog television signals to the band’s profit margins are too low, poor quality, mold rpm (analog signal transduction digital signal) is an unstoppable trend. However, due to analog television has cultivated the habit of watching TV for free, user fees for these reforms are bound to face enormous difficulties.

“In the global markets, there is no one digital mobile TV operators in the case of successful operation. Because the analog signal into a digital signal process, requires a lot of network construction costs, but most operators rely on user fees to recover, but the allow users to shift from the free charges it is very difficult. “Telegent chairman Vijay clouds analyzed the situation when in an interview that the immediate difficulties faced by CMMB short period of time can not be solved. “So in a very long time, analog TV and digital TV will co-exist, but also to some extent, analog mobile TV will be more popular.”

Analog TV mobile phone growth in times of adversity

Market research and consulting firm InStat analog mobile TV released a white paper shows that in the next few years or even longer period of time, the world’s population has more than 85% of people will be able to continue to receive analog TV signals. This is further strengthened, including Thai King, including analog TV mobile phone industry chain manufacturers confidence.

Thai King’s chief executive officer Vijay Cloud said: “and fee-based digital TV mobile phone compared to free wireless receiver for mobile TV success was due to two major driving factors. The first is content, in fact the consumers watch content with their traditional TV viewing on the content of the same; The second is that global coverage, enabling consumers to virtually anywhere in the world watching. “

InStat’s FrankDickson, vice president of research, said: “analog mobile TV has two very basic and very compelling advantages: cost and availability. Analog TV infrastructure already exists, no need to formulate new standards, and the business to consumer who is free of charge. “

According to InStat predicts that in 2009 the worldwide analog mobile TV subscribers will reach 54 million, while in 2013, the worldwide analog mobile TV subscribers will grow six-fold to 3 million people.

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Article Source:http://www.articlesbase.com/business-articles/frbizcom-reports-the-development-of-cmmb-profit-model-is-not-clear-in-trouble-1380400.html

Guidelines for Using a Copy of a Business Plan

Tuesday, November 29th, 2011

A copy of a successful business plan can be a helpful resource as you try to better understand how to create your own. Follow the following guidelines to make sure you use this resource as you should.

Check the Source

Begin by making sure that you can trust the source of this business plan. How do you know it was truly successful in achieving funding for its writers? Keep in mind the motives of whoever provided you with the plan. Are they invested in your success, because of friendship, good will, or business reasons? If not, what was the source’s reason for passing this plan on to you?

What Stands Out?

Pay special attention to the elements of the business plan which would attract you if you were a funder. How does the writer show that it is not much of a stretch for the business founders and managers to make a profitable business based on the basis business idea presented? How are the returns that will flow to funders shown? How does the strategy fit well with the market situation (the customers and competitors)?

Note the Differences

You should also carefully note areas in which the business described in the plan you are looking at will differ from your business. Be careful to know that you cannot simply transpose the strategy laid out in this plan into your own plan. You are looking at the plan to understand the thinking about it, not to copy specific elements verbatim.

Understand the Format

Since business plan format is relatively standard, any successful business plan should give you a good sense of the important sections of a business plan, their order, and the style of the writing and appearance of the plan. Look for how the plan manages to be professional and polished, without creating stylistic distractions from the content of the plan. Look for how the sections of the plan build the story of the business, piece by piece, following an internal logic and order. Look at how easy the plan is to read and to navigate through, with the use of a table of contents, page numbering, and section headings and subheadings. All of these elements should be found in a successful and well-written plan.

Eric Powers is associated with Growthink, a business plan consulting firm. Since 1999, Growthink business plan writers have developed more than 2,000 business plans. Call 800-506-5728 today for a free consultation. Or, if you’re writing your plan yourself, Growthink offers a simple business plan template to help you develop your plan quickly and easily.

Article Source:http://www.articlesbase.com/business-articles/guidelines-for-using-a-copy-of-a-business-plan-1380427.html

Calumet City resident Belinda Skarwecki celebrates 35 years with DirectBuy of Tinley Park

Sunday, November 27th, 2011

TINLEY PARK, IL…

Before Belinda Skarwecki started working as a bookkeeper for DirectBuy in 1974, the world was a different place. Richard Nixon had yet to resign from office. Not everybody had a color television. There was still no such thing as a free agent in baseball. Yet in celebrating her 35th anniversary with DirectBuy, Skarwecki knows that one thing still holds true: the numbers don’t lie.

“As a bookkeeper, the numbers must always add up. So even though it might not feel like 35 years, the calendar tells me otherwise,” said Skarwecki.

Skarwecki began with DirectBuy while still in high school, working as an assistant to the company’s bookkeeping department at the previous location in Calumet City. Under the tutelage of the company’s bookkeeper at the time, she acquired a skill that’s served her well over 35 years.

In fact, Skarwecki’s longevity with the company is only trumped by DirectBuy of Tinley Park Owner Ed Sell—even topping the service time put in by Ed’s wife I.J., who started with the company 29 years ago. “We hit it off right from the beginning,” adds Skarwecki.

Ms. Sell concurred, “We look at Belinda as a member of our family who also happens to do our books. That’s the kind of relationship we have and we’re very thankful to have her with us.”

That loyalty has been repaid by both sides as Skarwecki remained with the company when it relocated from Calumet City to its current location at 18400 S. 76th Avenue in Tinley Park, Illinois. And when a back condition limited her traveling ability, she and I.J. arranged for her to work from home.

“You don’t spend 35 years of your life with a company for no reason. Ed and I.J. have been wonderful to me and it’s very gratifying to see how the company has grown over the years and how many lives it’s been able to positively impact,” said Skarwecki. “I’m looking forward to many more years with DirectBuy.”

Skarwecki still resides in Calumet City with her husband Marvin.

The leading home improvement and furnishings club with direct insider prices, DirectBuy of Tinley Park Estates offers manufacturer-direct pricing on products ranging from light fixtures to televisions to kitchen cabinets, all from more than 700 manufacturers and their authorized suppliers. DirectBuy also offers design, delivery and installation services.

About DirectBuy

  1. It’s a comfortable, country-club setting, where you finally have the financial control of buying direct. The five DirectBuy showrooms serving the greater Chicago area are part of more than 160 locations throughout North America.

Consumers interested in becoming members may obtain a Visitor’s Pass to attend an Open House by visiting http://www.directbuychicago.com/.

Locations of the five DirectBuy showrooms serving the greater Chicago area are: DirectBuy of Gurnee, 4081 Ryan Rd. #107, Gurnee, IL; DirectBuy of Hoffman Estates, 2200 N. Stonington Ave Ste. 150 Hoffman Estates, IL; DirectBuy of Chicago North, 6325 Avondale, Chicago, IL; DirectBuy of DuPage County, 1864 Highgrove Ste. 136 Naperville, IL; and DirectBuy of Tinley Park, 18400 S. 76th Avenue Ste. B, Tinley Park, IL.

To learn more about the superior value and benefits of a DirectBuy membership, visit www.directbuycares.com.

Article Source:http://www.articlesbase.com/business-articles/calumet-city-resident-belinda-skarwecki-celebrates-35-years-with-directbuy-of-tinley-park-1376892.html

Agent group expects a flurry of filings from improperly classified workers… Allstate ‘independent contractor’ agents turn to IRS to clarify their stat

Saturday, November 26th, 2011

GULFPORT, MS….

For most, Independence Day occurs on July 4. For Allstate agents who believe they’ve been misclassified as ‘independent contractors,’ the hope is that day will  come much sooner as dozens, if not hundreds, of Allstate agents file IRS Form SS-8 to determine whether they are independent contractors as Allstate proclaims, or have been misclassified all along.

The filings come on the heels of a recent petition drive started by an unidentified Allstate agent. The National Association of Allstate Agents (NAPAA)—a non-profit group representing the rights of more than 13,000 Allstate agents—published the petition in its most recent quarterly magazine. In the same publication, the group also published a hypothetical, example of the IRS Form SS-8.

“We prepared this hypothetical example based on the information we gathered from Allstate agents over a period of several years,” said Jim Fish, NAPAA’s executive director. “We believe that agents are being deliberately misclassified and we intend to expose this injustice in any way we can.”

In 2000, Allstate Insurance converted the majority of its sales force from employee to independent contractor status. With the change in status, many of those agents anticipated liberation from the requirements of being an Allstate employee. Now, almost a decade later, Allstate agents are still waiting for their independence, hence the interest expressed by a number of Allstate agents in filing an IRS Form SS-8.

“We anticipate the IRS and President Obama will receive thousands of petitions, said Fish, “When the SS-8 forms are filed, we expect that Allstate’s behavior will be heavily scrutinized by the IRS. If nothing else, this intense scrutiny may change Allstate’s behavior for the better.”

Allstate agents certainly aren’t the first independent contractors to be treated like employees without the accompanying benefits. In 2007, after filing a class action lawsuit demanding parity with employee drivers, current and former FedEx independent contractor drivers were elated when Judge Robert Miller of the U.S. District Court in Northern Indiana certified them as a class. This action has opened the door to similar cases involving independent contractors who are treated like employees.

“It was reported that the IRS plans to audit more than 6,000 companies for employment tax issues. We’re hoping the volume of Allstate agents filing SS-8 forms and the simmering discontent among agents over the misclassification issue will help push Allstate to the top of the IRS list, so we can finally resolve this long-standing problem,” added Fish.

For more information on the National Association of Professional Allstate Agents, you can visit their Web site at www.napaausa.org or call (877) 269-3474.

About National Association of Professional Allstate Agents (NAPAA)

Based in Gulfport, Mississippi, NAPAA is a non-profit organization whose members are predominantly insurance agents under contract with Allstate. In addition to offering a variety of benefits and services, NAPAA further serves its members by acting on their behalf and speaking with a distinct and unfettered voice on a wide range of issues. To contact NAPAA, please visit its Website at www.napaausa.org or call (877) 269-3474.

Article Source:http://www.articlesbase.com/business-articles/agent-group-expects-a-flurry-of-filings-from-improperly-classified-workers-allstate-independent-contractor-agents-turn-to-irs-to-clarify-their-stat-1376933.html

Merseyside Consultants Outline Consultancy Merseyside Business Strategies

Friday, November 25th, 2011

In all honesty, whenever I’ve travelled anywhere in the 42 countries I have provided business consultant services in, every business owner and private consultant only relates Liverpool, Merseyside to the two great football teams and the globally recognised band The Beatles.

In reality Merseyside consultants are delivering business strategies for both in-house and outsourced consultancy Merseyside. Just as Liverpool maintains two famous football teams in the UK premier league, it also boasts of a premier league buoyant business consultant industry. Consultant services for just about every north west consultant is exceeding demand.

Any premier league service lives or dies on the strength of the success of the previous consultant work provided. A key performance indicator is whether the support consultant was able to offer far more value than cost,and steer the business he or she was supporting into long term sustainable business growth.

Many factors dictate the success of the consultant services provided. Typically a business owner calls in a UK consultant when their business is growing too slow, or too fast for comfort, known in the consultant industry as boom and bust. Or when a business has hit the financial tipping point, or when a business is in trouble. Or finally when the business is seeking to grow exponentially. I’ll discuss these points later in this article.

It is rare for a business owner to call upon a support consultant or a private consultant when their business is just ticking along nicely. However in reality, every professional north west consultant has identified that this is the precise best time to retain someone from the consultant industry.

Prior to & during 2008, Merseyside consultants and business strategies delivered by consultancy Merseyside came under intense media scrutiny. Investment poured into Liverpool for its European Capital City of Culture status.

Just about every north west consultant was engaged as a support consultant for Merseyside consultant work. Consultant services boomed as local businesses prospered thanks to every uk consultant in the consultant industry.

Many key business strategies were identified by Merseyside consultants, which if applied can assist all others identify business problems before they manifest, and help other businesses turbo charge their business growth.

Merseyside Consultants Outline Consultancy Merseyside Business Strategies #1 Slow Business Growth

It’s no great secret that a very high percentage of new business ventures fail and close down within the first year. This attrition rate continues at high levels for the following two to four years. One of the greatest problems facing new business owners is that they simply don’t know – what they don’t know.

Small to medium business owners fail to realise that one of the things that separates them from larger companies is that they don’t have the benefit of a board of directors.

In reality the added value that most board members bring to a business is individual business skills, which when harnessed as part of a larger business development team, ensures a higher percentage success rate at a quicker pace.

However, when your business is experiencing slow business growth, one of the best business strategies is to tap into the consultant industry and engage a support consultant or a private consultant to assist you in achieving faster business growth.

Consultant services brings added value to a business that is experiencing slow business growth. You may be pleasantly surprised at the low cost of hiring a north west consultant for your consultant work. UK consultant fees are very reasonable in today’s current economic downturn

Merseyside Consultants Outline Consultancy Merseyside Business Strategies #2 Boom And Bust

97% of business owners have never received any formal business academic training in how to be a managing director, or in how to implement business strategies. Every private consultant knows it is the managing director’s role to manage the business, so every UK consultant understands why so many businesses fail in the first 12 months.

Consultant services advise that because of this lack of business training, many managing directors try to run before they have learnt to walk the business walk. Although a proven business growth support consultant once advised me that Impatience is a virtue, this doesn’t count for an inexperienced MD where patience is definitely the virtue required.

As a north west consultant providing consultant work for various businesses this boom and bust is one of the consultant industry greatest problems.

Merseyside Consultants Outline Consultancy Merseyside Business Strategies #3 Business In Trouble

The consultant industry is no stranger to assisting businesses in trouble, and as a north west consultant, I have seen a sharp increase in the number of businesses in trouble.

In this regard, my consultant work and consultant services are geared towards getting the business owner to take two steps backwards in order to take one positive step forward.

I once heard a private consultant in America refer to this as ‘circling the wagons.’ Whatever phrase you assign to it, one thing is certain. The first rule of being in business trouble is to get out of business trouble. Business owners should not be embarrassed about seeking business consultancy advice and support.

Merseyside Consultants Outline Consultancy Merseyside Business Strategies #4 Financial Tipping Point

In my role as a north west consultant two of the last few businesses I provided my consultant services to, had reached what the consultant industry calls the financial tipping point.

This is when a business typically navigates through the most difficult first few years and experiences some initial growth, only to find their annual turnover is not increasing any more. I’ve also heard a UK consultant call this ‘hitting the wall.’ Whichever phrase you use, reaching the financial tipping point is a very precarious period for any business.

Any private consultant or support consultant retained by you to deliver consultant work will advise you that a few companies will bumble along for a year or two at that tipping point. But be advised, that most businesses who have reached the financial tipping point will only spiral downwards into liquidation at a fast rate of Knots.

Merseyside Consultants Outline Consultancy Merseyside Business Strategies #5 Exponential Growth

Any UK consultant worth their salt will understand the importance of getting all the business owners ideas for business growth into a concise strategic plan specifically designed to aid exponential growth.

During the pre-capital culture year in Liverpool, every north west consultant engaged in consultant services would have had much hands on practical experience of this type of consultant work.

In order to get exponential business growth right, a business owner requires expertise from the consultant industry. Retaining a support consultant should only be considered if the UK consultant has proven experience in steering a business or ideally businesses into exponential business growth.

It is sometimes difficult to get this skill set from an individual private consultant unless he or she is affiliated to one of the larger consultancy groups.

Dr. Mark D. Yates 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

Article Source:http://www.articlesbase.com/business-articles/merseyside-consultants-outline-consultancy-merseyside-business-strategies-1377403.html

Giving Away Free E-Books To Earn Income

Monday, November 21st, 2011


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Irresistibly Magnetic to Your Wife

Friday, November 18th, 2011

According to new studies 5 out of 10 marriages will end in divorce. Without going into the typical boring drawn-out discussion on divorce, I’m going to get straight to the point. You are about to learn the top 2 ways to become irresistibly magnetic in the eyes of your wife.

And it will not take a lot of time.

Before you read another word, it is important that you understand one thing. And that is:

I’m going to explain because this may seem obvious.

The truth is many guys are doing all of the wrong things when it comes to becoming more sexually desirable to women.

Many guys out there are buying 4 ton trucks in their attempts to become desirable.

Many guys out there are working out in the gym for 9 hours a day in their attempts to become desirable.

“It is 100% possible to change the way a woman sees you.”

You can change the way a woman sees you for the better.

You can change the way a woman sees you for the worse.

Let’s dive in.

Top Secret Way # 1 – Become a master at getting her in a good and upbeat mood.

In fact if there was a way that you could become invisible, you would notice something.

In other words if you secretly entered the homes of 100 married men (while being invisible), you would notice that over 90 of them initiate sex with their wives while making zero effort in getting her in a positive, upbeat, happy and energetic mood.

You would also observe guys trying to get sex from her while she is tired. You would see these clueless bastards initiating sex on days when she is feeling miserable.

Then you would see the guys getting angry at her when she turns him down for sex.

You would see the guy feeling hurt, sad and rejected.

You would even see these guys eventually thinking about cheating.

You would see these men become weak & insecure creatures before your very eyes!

The truth is getting her in an upbeat mood before initiating makes a lot of sense.

All you need to do is become a master at it. And this is simple as getting her to focus on fun moments that the two of you have shared in the past.

Make her laugh.

Think back to times when you were able to cheer her up or make her laugh and do those things.

Take her out to a comedy club or at a minimum select something funny to watch on TV.

Do you see how it works?

And once you master doing that while combining it with the next tip, magical things will begin to happen.

Top secret way # 2 – L.O.C. (Levels of Communication)

I’ll explain.

Please make sure you listen up, because it’s very important and you will not find this discussed anywhere else.

Once you master LOC, you would see changes in a very short amount of time.

For example: Try to imagine your wife as being 50 different women. You can even pretend all 50 of your wives are walking around in your house.

I’ll explain so that it makes crystal clear sense.

If your wife’s name is Mary, then there are 50 Mary’s walking around.

Mary-1, Mary-2, Mary-3, etc..

Each Mary represents a *different mood*.

Do you see where I am going with this?

For example, Mary-1 could be your wife when she is tired and exhausted.

And Mary-17 could be your wife when she is happy about life, energetic and upbeat about everything.

Wouldn’t you rather have sex with Mary-17?

Isn’t she more likely to want to have sex?

The amazing thing is that your “words” can magically change Mary-1 into Mary-17.

It literally takes milliseconds to move her from a bad mood to a good mood (or vice versa).

Let’s move onto LOC.

The truth is women sometimes say things that don’t make sense to a guy.

A guy will argue with his wife and during the argument he’ll ask himself: “Does she even care about solving the problem?”

If this has ever happened to you, you obviously discovered that there is a difference in communication structure between men and women.

And before I continue, I want you to realize that there is so much twisted up information out there it is sad. If someone told me to make one prediction – it would be that these “how to read body language books” are going to become fazed out in the next 100 years.

And after that, people will start to focus on “communication” as the starting point for understanding women. Any time a guy is seeking to become more sexually desirable in the eyes of women, the results will ALWAYS begin with “communication”.

If you are a man who wants your wife to see you as irresistibly magnetic, then your efforts must begin with communication.

Because if you understand the language differences in a woman, then you will realize that those words have significance because it comes from her brain.

And her brain stores the information that decides whether she will perceive you as sexually desirable.

The secret key to becoming sexually desirable in the eyes of women depends on your ability to affect her mood. And that ability depends on your communication and how well you understand the levels of communication.

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,,,,,,,,,,,How to trade successfully in the Forex Market!

Friday, November 18th, 2011

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.

Did you find this article useful?  For more useful tips and   hints, points to ponder and keep in mind, techniques, and insights pertaining to Internet Business, do please browse for more information at our websites.
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I am Mufiz from Mumbai.

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Himfr.com reports Apple updates iMac product line , launched a new touch mouse

Wednesday, November 16th, 2011

Apple updated the iMac this week, two product lines, and introduced a finger contacts can respond to mouse, do not use the button or wheel. Apple hopes that these for the Christmas shopping season, the products introduced to help it continue to maintain momentum over the past few quarters.
 
Despite the economic recession, Apple’s sales over the past few quarters has been strong growth. Apple on Monday reported that its net profit rose 47% to stimulate the company’s shares rose sharply Tuesday.

Apple’s updated iMac equipped with a larger screen size, 21.5-inch and 27 inches. The current iMac configurations are 20-inch and 24-inch screen. The iMac is also equipped with faster processors and better graphics chip. The cheapest iMac, priced 1199 U.S. dollars, and the same as the previous generation iMac. However, the most high-end iMac, are now 200 U.S. dollars cheaper the price is 1999 U.S. dollars.

Apple introduced a new mouse, called wireless “MagicMouse”, will serve as a standard configuration with the iMac computer sales, individual sales price is 69 dollars. People pinch with your fingers, heavy blow, and the use of other gestures you can operate the mouse, similar to the iPhone screen to operate the control mechanism.

Apple’s chief operating officer TimCook said that he was using this mouse a few months later, when he was near the computer and then use the traditional mouse, he really wanted to throw the traditional mouse outside the window.

Apple has also upgraded its least expensive MacBook is priced at 999 U.S. dollars a laptop, so this laptop is more slender, faster and more like high-end MacBookPro. This upgraded version of multi-touch MacBook configured to track the keyboard and built-in battery is not removable.

I am a professional editor from http://www.himfr.com?and my work is to promote a free online trade platform.

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