Archive: August 25, 2022

Trend Trading Is Serious Business

So much has been written on the subject of ‘trading with the trend’. And for good reason, as the moves of longest duration occur with the trend, not against it.

Yet, with all that has been said and written about this subject, many traders cannot resist the urge to enter trades at price locations that they expect to be the ‘end’ of the trend.

Who doesn’t want to win the lottery, or to hit a grand slam, or have Ed McMahon knock on the door to say “you won the Million Dollar Sweepstakes”? Entering a trade right when an old trend is ending and a new trend is beginning (in the opposite direction) would feel like winning the big prize. That is the lure that snags those who attempt this low probability trading approach into accumulating preventable losses.

In my profession as a Market Analyst, performing various calculations or using various methods, my job is to determine when market tops and bottoms are likely to occur. This information is provided to my clients in order to make informed trading decisions. If used correctly, excellent profits with low-loss exposure are usually achieved. On the other hand, if not used correctly, it can be worse than not having the information at all.

THE BEST WAY TO TRADE THE TREND

If you are one of my FDate market timing clients, you are informed in advance each week as to when to expect the daily gyrations of the market listed on our weekly report. These ‘gyrations’ are the cycle tops and bottoms that occur in uneven time intervals on the price chart. Some of these tops and bottoms can be traded for excellent profits and some should be outright avoided for trade entry. How do you tell which?

The answer comes down to this simple concept; take trades that are WITH the current trend and avoid entering trades that go AGAINST the current trend.

The trend is determined by noting where these market tops and bottoms are forming. Trends in cloud For example, if prices are rising (a series of higher-high price bars on the chart) and then starts dropping (a series of lower-low price bars), a swing top results at that highest peak price before dropping. When price stops dropping and starts making higher-high price bars again (rising prices), a swing bottom is formed at the lowest point prior to rising again. The question is, was this lowest point above or below the previous lowest point (the prior swing bottom)? If so, you may have the beginning of a new bull trend. If price continues rising until it exceeds the previous swing top high price, the pattern is that of a bull trend. In other words, whether a trend is bullish or bearish depends on WHERE the swing tops and bottoms are forming. Here are the simple trend pattern rules:

1. Bull trends are chart patterns where you have the formation of higher swing bottoms. You will often have higher swing tops forming as well, but for bull trends this may or may not always be the case. I have seen many bull trends where each swing bottom is formed higher than the last swing bottom, but swing tops from time to time are not higher than the previous swing top. Bull trends take a lot of work to form, as it is like pushing a boulder up a hill with gravity working against you. A bull trend can fail to form a higher swing bottom once in a great while, but it cannot form a lower swing bottom than the past two swing bottoms and still be considered bullish.

2. Bear trends are chart patterns where you have the formation of lower swing tops and lower swing bottoms. Because bear trends are easier to form (prices often drop faster than it climbs up), a solid bear trend is expected to have both lower swing tops and lower swing bottoms. If it fails to have lower swing bottoms, there is too much strength still left in that market. It can fail to form a lower swing top once in a great while, but it cannot form a higher swing top than the last two swing tops and still be considered bearish.

The point of the above discussion is to understand that if you are looking to trade off expected tops and bottoms, as are the BEST LOCATIONS TO ENTER A TRADE, you want to make sure you enter the ones that get you into the trade ‘with’ the trend and not against it.

Therefore, if the trend is a bull trend, buying off ‘higher swing bottoms’ (trading with the trend) is much better than selling off ‘higher swing tops’ (against the trend). If the trend is a bear trend, selling off ‘lower swing tops’ (trading with the trend) is much better than buying off ‘lower swing bottoms’ (against the trend).

 

What You Should Do When Gambling Online

Online casino gambling can be very thrilling. The fun never stops when gambling online. The rush you experience when you win something is matchless. The fun and thrill can be increased further if you follow certain unwritten tips while gambling online. These tips will help in making the online gambling experience an enjoyable one. It will minimize the possibility of you shedding tears of frustration and failure. Let us call these tips the do’s of online casino gambling.

1) Decide on the games you are going to play at an online casino before you start gambling online. Do not play games you are not familiar with. Stick to the games which are known to you. This way, you will not have to lose money unnecessarily while learning how to play games.

2) Decide on a gambling budget and a losing limit. Stop gambling once your budgeted amount is exhausted. A wise gambler will quit when he/she reaches his/her losing limit. This will minimize the loss. So be wise and quit once you have used up the budgeted amount.

3) Be aware of the local law. In some places, online gambling is illegal. So, before you start to gamble on the internet, it is better to check and make sure that online gambling is legal in the place you are residing.

4) Be knowledgeable about the online casino you choose. There are many rogue casinos on the internet. dominoqq.asia Check and make sure that the online casino you have chosen is genuine and legitimate. Consult your friends or check out the casino on online gambling forums.

5) Give the online casino a test drive. Most of the legitimate online casinos offer the option of playing for free. Avoid casinos that do not offer this option. Play the free games offered by the online casino. If you are satisfied, then you can decide whether to start placing bets.

6) Be aware of the payout rates. Before starting to gamble online, you must check out the payout rates offered by the online casino you have chosen. Compare the payout rates against those offered by other online casinos. Make sure that you are not getting shortchanged.

7) Check out the bonuses. Most online casinos offer bonuses to their players. These bonuses range from sign-up bonuses to frequent-player bonuses. A good online casino will reward its players with small bonuses from time to time. But beware of bonus offers that seem too good to be true. Such bonuses are sometimes used by rogue casinos in order to attract people and then defraud them.

8) Ensure your privacy. Make sure that the security software used by the online casino of your choice is up-to-date. Before signing up, make sure that your data will be safe.

9) Place bets only when you are sure that you can afford to lose them. Do not play with money you cannot afford to lose.

10) Most of all have fun. Enjoy yourself and do not get too worked up. Play for fun and have a good time.

Follow these tips and your online gambling experience would be a lot better. Gambling is to be only for fun and making money. The minute gambling causes you tensions and worries it is time to quit.

 

Learn How to Win at a Casino Online

Playing online casino games at an casino online and winning consistently isn’t based on luck alone. In fact, many of the games you will find at online casinos require skill, knowledge and strategic ability. The following information will help you recognize games of chance and games of skill and develop your gaming experience accordingly.

Firstly, let’s take a look at online casino games that fall into the luck and chance category. These games are fun and challenging even if there is little you can do to influence the outcome. Gambling games such as keno, roulette and slots are often the first games new players trial at online gambling sites. This is because most people can learn to play relatively quickly and need no prior experience or specific skill to be successful at their chosen game. New players have just as much chance of winning cash prizes as long-time regular players because the results of these games are random.

For example, let’s consider the roulette wheel. Most people are familiar with the enjoyable game of roulette with its red and black wheel. In order to place a wager, players select a range or group of numbers on a roulette layout that they believe will be the winning numbers. They can also bet on a single number if they wish to try for a more lucrative payout. Once the ball is placed on the roulette wheel, no further bets are accepted. The number the ball lands on qq decides who has won and who has lost. Obviously the number that the wheel stops at cannot be predicted or influenced by a player, which is why internet casino roulette is known as a game of chance.

While playing roulette and other games of chance is a highly enjoyable pastime, players that are serious about gambling online tend to focus on games that are based more on skill than luck. The most popular and widely played skill games are poker and blackjack. Players use their knowledge of odds and probabilities to determine their next course of action. In poker, a player must defeat several opponents by producing the top poker hand. In blackjack, a player must beat the dealer at his own game by making a hand totaling 21 or just under.

The skills that players use to win both of these table games are varied. In poker, calculating the odds and the probabilities of making a winning hand is a crucial element of the game’s strategy. In internet casino blackjack, basic strategy and card counting come in handy, as well as knowing when to adjust the amount of your wager.

Because of the need for strategy, many newcomers to internet gambling sites are advised to learn as much as they can about these games before playing for real money. Free games and online casino software downloads can help players learn useful blackjack and poker skills. It is also worthwhile memorizing basic strategies and playing for lower amounts of cash when you’re starting out.

 

Traditional Slots VS Slots Online – What is Your Style?

When you are considering playing slots, you can weigh the pros of cons of playing slots online or traditionally at your will. While both have its very own set of reasons why it is great, the ultimate decision is up to you. As a new player to slots, you can get the rhythm, flow, and pace that you feel you need to win. Luck is something that can be manifested within the playing field of your choice. It is simply up to you to decide where you’ll be playing.

Traditional slots can give you what you want as far nostalgia is concerned. The “one arm bandit” gives you that pull lever that so many people associate with classic gambling halls. If that lever pulling is something that you need to experience, perhaps the traditional gaming hall is something for you.

Traditional slot machines in land-based casinos can also offer the old charm and aesthetics that one associates with simply “being there”. This is something that many people trek out for. Finding the design in the carpet, the glitz and the glamour is something that can never be fully recreated in the comfort of your own home.

Now that we understand what is offered to us from the traditional slot machines and casinos, we can explore why so many people choose the slots online game. Slots from home are not as loud or extravagant as the traditional casino. However, you should know about the many great reasons why people choose the online slots experience.

Online slots are played from the natural comfort of your home. slot gacor pragmatic hari iniYou can enjoy the game in any comfortable condition you choose: with drinks, with a meal, with music, while watching television, in your pajamas…The possibilities are endless when it comes to the way you play online slots.

Most players choose to play online for a moment of relaxation or excitement in their daily routine. They obviously cannot go to Las Vegas or Atlantic City every single time they feel like they want to play a round of slots, so playing from their own PC is ideal.

Keep in mind the one true thing when you are struggling to make a decision about playing online slots or not: the online slots are run by virtually the exact same mechanics that the traditional slots are run by. The levers on the sides of the traditional slot machines are purely for looks and nostalgia. Nowadays, the internal functions and RNG (random number generator) of both the online slots and the traditional slots are the same.

Now that you know what the pros and cons are, you can make your decision. Play online slots when you want; play traditional slots when you can.

 

Is a Business Incubator Right for Your Business?

What is the Purpose of a Business Incubator?

Business incubators are organizations that nurture the development and growth of businesses in the early phases to help them persevere in their most vulnerable stages. Incubators provide numerous resources and support services to aid in the development of businesses. The general purpose of incubators is job creation, business retention, enhancing entrepreneurial climate, growing local industries and economies. Approximately 93% of North American incubators are nonprofits focused on economic development. About 7% are typically set up to receive returns from shareholders investments. (Business Incubation FAQs)

What to Expect

It is important to conduct research on the incubator(s) and consider the advantages and disadvantages before embarking upon the application process and working with an incubator.

  • Conduct Ample Research: It is important to understand that incubators will have their own set of unique offerings for their entrepreneurs. The package offered should help meet the needs and goals of the company. The location of the incubator should allow for a flourishing business, with a market that can sustain the business for the duration of the term of stay. The mentors and specialists available should also have experiences and networks beneficial to your business.
  • Related costs: Some incubators will charge monthly fees, like a typical leasing agreement. However, other incubators may accept in exchange for equity. It is beneficial to consult with an attorney to review the terms and contract.
  • Speak to alumni: If the incubator has a list of previous tenants, speak to them about their personal experiences. This first hand testimony will give you further insight and help you determine if the incubator is right for your business.
  • Prepare your proposal: If you decide to apply, be sure to prepare and rehearse your pitch and distinguish yourself from other businesses and business owners. Incubators want businesses that are sustainable. In your proposal, be sure to discuss how your business will succeed with accompanying financial projections.

What are the main business models?

As mentioned previously, each incubator will have a unique set of offerings. The list of business models below should give you an idea of what to expect as you conduct your research.

The Home Based Business Explosion Is Upon Us!

Evolution of Home based Business

Many businesses operated from home usually start as a Micro or Small Enterprise. Some eventually metamorphose into Medium Scale Enterprise and others eventually grow into quite large companies.

The desire by Entrepreneurs to start operating businesses from home actually started in the 1980s. During this period, a lot of things combined to precipitate this massive desire by people to own Home based businesses.

In the main, the combination of many factors like socio- economic change, improved technology and new management thinking resulted in the loss of otherwise permanent paid employment and this encouraged people to attempt to revalidate their freedom by opting to set up a business at home.

The advent of new management thinking and theories like downsizing to make an organization Lean and more agile and efficient created fears in the mind of the average worker

So mass lay- offs helped create the right environment for some workers to go it alone and set up a Home based business.

The period of late 1990 to 2010 can be appropriately described as the period of massive explosion in the establishment of businesses at home. The use of Computer, Internet and Mobile Technology helped in the growth of this idea.

I strongly believe the idea of setting up business at home will continue to be positive and will remain so for a long time.

The continued upsurge in the desire of people to own businesses has attracted the attention of Universities and other higher institutions. They have responded by introducing different courses and programs on Entrepreneurial studies to cater for these needs.

Unlike earlier belief that businesses run from home are not well managed and don’t make good money, the present situation is that many Entrepreneurs motivated to set up business at home now have college degrees including a lot of high level professionals with business exposure.

How to Start a Plumbing Business

So, you want to start a plumbing business. This could be a terrific decision, or, it could be the worst idea ever. Starting a plumbing business, or any business really, involves a certain amount of structured thinking to put everything in place, and making sure that you have thought of everything. By following this strategy planning process, you will have covered all the important aspects of getting your planning and strategy in the right place, and this will make the starting of your own plumbing business some 450% more successful.

The Strategy Required to Start Any Business

Starting a plumbing business, a bakery, or a high-tech company all requires the same basic thinking strategy. To remember it best, use the EASI acronym. In this case, E stands for emotion, A for achieving a win, S for simple and straightforward and I for the implementation.

Everybody wanting to start a business should be aware that it is going to involve plenty of challenges, hardships, stress, worry, and a multitude of other issues. The process of starting a business has often been likened to jumping off a cliff, and building an aeroplane on the way down. It will mean sleepless nights, long working hours and the unwavering support of family and friends around you. This is real, and the reason so many start-up businesses fail.

The first step, therefore, is to examine the reasons that you want to start the business in the first place. This involves an examination of the emotions, or feeling behind the rationale of starting your own plumbing business. Everyone will have their own reasons for wanting to start their business. It may be as a last resort as they are unable to find employment in the field, it may be that they hate having a boss, it may be that they want to become extraordinarily wealthy. Whatever the reason, it is essential that the owners of the business, if there are more than one, are aware of the strength of their emotions regarding the venture. This will determine the power of the motivation, the real forces behind the venture, and, with the aid of a skilled consultant, allow the prospective business owners to determine if their vessel will survive the storms on the ocean, or if there needs to be some additional emotional management included.

Keep Things Simple and Straightforward

It does not take any real skill to make things more complex. The real genius in any situation is to make things more simple. This line of thinking is propagated by all the top entrepreneurs such as Richard Branson, Bill Gates, and Elon Musk. Albert Einstein often used to say that if you couldn’t explain a thing to a six-year-old, you didn’t understand it yourself.

10 Steps on How to Develop a Business Properly

So you want to develop a business, huh? Well, you’re just in luck. This article will help you whether you are planning to start up new or have an existing business that you would like to expand. This is a step by step guide on how to start, improve, and expand a business while minimizing loss on your part. If you are starting new, please read this article carefully from the very beginning. For those, who already have an existing business and would like to improve or expand, the latter part of the article will be more useful.

Every business starts with an idea. You will find that throughout the article, I have emphasized the mental aspects of people rather than physical or financial aspects. Call me philosophical, but the mind is where everything happens. I have seen and experienced it time and time. When your mind is fully committed, there is literally nothing that you cannot do. Let’s begin.

Step 01: Find Your Passion

To start a business, you need to find out what it is that you are truly passionate about. “Why is that important”, you say? The answer is simple. You really do not want to get yourself stuck into a kind of work that you hate. There are plenty of planning and executing involved in a brand new business and if you are passionate about it, they would not feel like work at all compared to a kind of business you do not care for. After all, happiness is the end result of anything that we do in life.

Step 02: How to Sell It

Now that you have found your passion, let us figure out how to use it to bill people who are in need of the kind of service you can provide. Even though yours is the most ridiculous passion ever, believe me, there are millions of people who would be glad to have your services. As a matter of fact the stranger and more unique your passion is, the more likely you are to succeed simply because that type of business doesn’t exist yet. That also doesn’t mean that if your passion is something common or usual, you shouldn’t do it. Even if it is something common, if you really love it, you will always find ways to do things differently than the others and that itself is the winnerStep 03: The Planning

Write down your unique ideas and prepare a presentation. Take some time to do it. You should not rush this part. If a new idea comes while you are in the middle of the planning stage, do not hesitate to change. Edit and modify until you are fully satisfied and you can see a clear mental picture of your business.

How A Business Loan Helps Business People

Overview:
Becoming a self-employed businessman is a great reputation in the society but the problems faced by the entrepreneurs from the day one of their business is enormous. It is a great challenge for a person to overcome all obstacles to become a successful businessman. The numerous problem faced by all is finance. Even great entrepreneurs of various industries have struggled a lot of financial crisis for setting up their business and to run their daily business operations. Thus finance plays a major role in the life of business people. Great ideas require the necessary financial support to bloom into a successful business.

Introduction:
There are various sources for business people to raise capital for their business. The most trusted source is from banks. There are various reasons why people choose banks as the best source for raising capital for their business. Banks provide a lower cost of funds in the form of Business Loans. There are various types of business loans at differential interest rates to facilitate business people to solve their financial crises.

Types of Business Loans:
Businesses are of different types and need finance at different stages of their business operations. The need also being different, banks help them in providing different types of business loans helping various small and medium enterprises to raise capital.

New Project Loan – Banks are interested in funding for new businesses and also for new projects of existing business. There are various criteria for getting new project loan and differs from bank to bank. Project loans are approved against the collateral of the person like residential property, commercial property or empty land.

Top-up on Existing Loans – These loans are issued for expansion, replacement, diversification of an existing business. These loans are approved for short term or long term basis to buy goods, machinery or any fixed assets for the company.

Working Capital Loans -These loans are provided for the business to solve sudden financial crises and repaid within short durations. Banks are more interested in providing working capital loans against their inventories, stocks or receivable bills of the company.

Secured Business Loan – Business loans in which companies raise their capital against any security for the bank. It may include plot, residential or commercial places, gold, shares, bills, insurance as collateral to get funds for their business. The interest rate is preferably less.

Five Ways To Make Your Business Work Harder for You and Your Family

When a family vacation is something you’re considering, think about coordinating it around a work trip. Do you need to go to conventions, trade shows, seminars or other training for work? If you drive to go to those business activities, your gas mileage is tax-deductible regardless of how many individuals you have in the car with you. Does this conference or training trip require you to stay in a hotel? Your hotel expenses for that night can also be deductible regardless of whether you have your family with you in the room.

Scheduling family vacations around business travel can help make it more manageable. This allows you to enjoy time with your family or friends while also working on your business. Consult with your spouse or family to coordinate the two.

Manage taxable income and year-end purchases to lower tax bracket

Operating and owning a business requires seeing the big picture and planning for the future. Your business will likely need new or updated equipment, computers, other technologies etc. to operate smoothly and efficiently. Be able to forecast these needs.

Here is where you coordinate your tax situation with these needs. If you know you are in need of new equipment, computers, etc. in the near future, look at your taxes. If you are looking at a higher tax bracket for the year you may want to make these necessary equipment purchases sooner than expected. Or you may want to wait until next year. This requires consulting with your business advisor to determine the best option.

Use Retirement Plans

Consider reducing your current income by using a Retirement Plan. Not only will this help you once again for tax purposes, but it’s also helping you and your families future. So many small business owners neglect to put retirement needs on their priority list. Often we hear “my business is my retirement plan.” Putting all of your eggs into one basket can be extremely risky and even dangerous for your future.

You may want to consider adjusting your salary in order to account for contributing to a retirement plan. There are many ways to rearrange things to make it possible to contribute. The tax savings alone can help justify the redirecting of your income into a retirement plan. Be sure to look at all of the different options and scenarios as this will provide further clarity.