Tuesday, October 22, 2013

10 golden rules for stock trading success


10 Golden Rules for Stock Trading Success


Your stock trading rules are your money. When you follow your rules you make money. However if you break your own stock trading rules the most likely outcome is that you will lose money.

Once you have a reliable set of stock trading rules it is important to keep them in mind. Here is one discipline that can reap rewards.


stock market trading rules


Your stock trading rules are your money. When you follow your rules you make money. However if you break your own stock trading rules the most likely outcome is that you will lose money.

Once you have a reliable set of stock trading rules it is important to keep them in mind. Here is one discipline that can reap rewards. Read these rules before your day starts and also read the rules when your day ends.

Rule 1: I must follow my rules.

Naturally if you develop a set of rules they are to be followed. It is human nature to want to vary or break rules and it takes discipline to continue to act in accordance with the established rules.

Rule 2: I will never risk more than 3% of my total portfolio on any one stock trade.

There are many old traders. There are many bold traders. But there are never any old bold traders. Protecting your capital base is fundamental to successful stock market trading over time.

Rule 3: I will cut my losses at 5% to 15% when I am wrong without question.

Some traders have an eve

 



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10 basic wow gold farming tips


10 Basic WoW Gold Farming Tips


There are many great ways to farm World of Warcraft gold. Our basic 10 step guide will help you make the most WoW gold out of your time.


WoW Gold, World of Warcraft, Power Leveling, Accounts, Items


1. Its really easy and should be done right from the start of the game. Grab the 2 primary professions, mining and skinning. While you're out leveling yourself you can easily skin the animals. You're bound to eventually enter a mine which will have many minerals. Be sure to mine those ores. You can easily sell off the extra items to merchants or players.

2. Make sure you grab quests every chance you get. You can easily gain additional exp, gold, items and faction while you're leveling. You may even complete some of your quests with out even knowing because they normally require you to kill off mobs or require you to travel/speak to other NPCs. The quests of World of Warcraft are more player friendly than other MMORPGs.

3. Don't spend any money buying world of warcraft items, equipments and other accessories early in the game. Low level characters from 1-40 are not gear dependent. Along with that fact, you'll get a nice load of items from j

 



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10 key factors in selecting a franchise


10 Key Factors In Selecting A Franchise


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Before buying a franchise business there are a great number of things to consider. This article provides you with 10 factors you should look for from a franchise business that will help you avoid some of the major pitfalls.


The article is also known as Avoiding a RIYOT, the acronym RIYOT stands for REPENT IN YOUR OWN TIME. The point being, that if you pick the wrong franchise in haste you could be regretting the decision for a long time to come. We hope by reading this a...


franchise advice, franchise guides, franchisee, franchisor


Before buying a franchise business there are a great number of things to consider. This article provides you with 10 factors you should look for from a franchise business that will help you avoid some of the major pitfalls.


The article is also known as Avoiding a RIYOT, the acronym RIYOT stands for REPENT IN YOUR OWN TIME. The point being, that if you pick the wrong franchise in haste you could be regretting the decision for a long time to come. We hope by reading this article we can stop at least a few people making a very costly error of judgement. Hope you find this useful.


This list has been compiled by a very experienced franchisee. All the information here is based on direct experience, near misses and the stories we have heard from the trenches.


- How would your franchise business be affected by economic cycles? (eg for example during a general economic downturn or worse a longer term recession).


All economies are cyclical and as you will be aware from experience there are times of prosperity (that can last many years) and there are times when global, national and local factors result in economic slowdowns (which can also last many years).
What impact will a change in the economy have on your prospective business? Typically luxury products and services, non-essential services and goods will suffer more than those seen as cost saving or essential items or services.


- How dependent is the franchise on area/socio-economic mix?


Most franchises start from a single business in a single area. The success of that initial operation and perhaps a subsequent pilot are often the basis for the entire franchise operation. However the area the business started in and the area you will operate the franchise in are likely to be different (different mix of houses to businesses, blue collar to white collar workers, high income to low income, different levels of competition etc). Evaluate the impact of these differences on the earning potential.


- Will the franchise operation as a whole survive if there is a change of ownership or change of management?


Some franchise operations only succeed due to the influence of the founder or the current owners or management team. What would be the impact of a change in the owner, manager of the business? Do you think the product and operating model would work equally well regardless of whom owned/operated the franchise group? A change of management may well have the effect of turning a well run business into a poorly run business.


- Does the franchisor have the right management structure in place to be proactive in developing the business?

New ideas and approaches to business are an essential and necessary function of the franchisors remit for the long term survival of the franchise. Ask about their experiences and how they intend to keep competitive over the long term? What ideas have they got for product/service growth? What flexibility will you have as a franchisee to change the product mix, marketing or pricing strategies?


- Profit margins must be high and above the normal levels if you are going to be able to pay the franchise fees as well as yourself.


When reviewing financial forecasts for the business you will need to establish the net profit after any franchise fees are paid. Often numbers are quoted that look great, but do not include the franchise fees you will be paying out monthly. Depending on the franchise these can include both fixed amounts and percentage fees based on turnover.


- The products or services on offer from the franchisor should have some element of uniqueness about them which is exclusive to the franchisor and ideally patented.


If your franchisor is not offering a unique product or service, then it is highly likely you will already have or will shortly be getting direct competition from other franchises, independent retailers and chain stores. Open a franchise magazine and you will see that many industries already have many franchise businesses in them (eg lawncare, property rental, food outlets etc) and they offer very similar products or services. Factor this in when looking at the income levels quoted by your franchisor, if a competitor opens next week will your income potential halve?


- Supermarkets are a great idea for most of us but you do not want to be in competition against them.


Supermarkets and big chain stores will reach into markets and niches that have a high degree of profitability and/or will build their customer numbers (eg photo processing, dry cleaning, newspapers, books, DVDs etc). If there is enough profit supermarkets will look at any business opportunity and will often have the resources to enter the market. Many small businesses have closed due to the power of the supermarkets. Could this happen to your franchise?


- A good franchisor will permit you to speak to any of the franchisees he has up and running.


A good franchisor will give you a list of all franchises currently operating and you choose the people you wish to speak to. Due to the pressures of running a business, not all existing franchisees will be willing to see every potential new franchisee. Bear this in mind, but do try and speak to as many as possible ideally 5 or 6.


- Piloted and fully audited franchise operations give the best chance of success.


You can further help mitigate the risks of buying and operating a franchise by looking at BFA accredited franchises. For more details on membership status, please see the BFA website (). However this does not guarantee success and conversely less proven franchises can work very well. Furthermore the more established a franchise is the more of a premium you will have to pay for it.


- A good franchisor will encourage you to visit their HQ, they will encourage you to work with them for a day and they will give you all the information you ask for and will not pester you for a decision.


Ideally however your franchisor will go a stage further. If they truly want you to succeed they will vet your suitability as a franchisee (not just checking you have the money!!). We would suggest you to have a credit agency check out the Directors / Franchisor / key financial staff.


Please NOTE. This not an exhaustive list of the factors that make a good franchise, but should give you some key areas to look at. Take your time, take care and take advice (avoid a Riyot !!)


 



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10 beneficial reasons for submitting articles to e zines


10 Beneficial Reasons For submitting articles To E-zines


1. You'll brand your web site, business and yourself by submitting articles to e-zines. Introduce yourself in your article. Haven't you ever read an article and wondered half way through it who is selling the product? It's a big turn off. You could include your name, business name, your credentials, web site address and e-mail address in your resource box.


2. Participate in chat rooms and forums related to your targeted audience. Include the web addresses in your article s...


 


 


1. You'll brand your web site, business and yourself by submitting articles to e-zines. Introduce yourself in your article. Haven't you ever read an article and wondered half way through it who is selling the product? It's a big turn off. You could include your name, business name, your credentials, web site address and e-mail address in your resource box.


2. Participate in chat rooms and forums related to your targeted audience. Include the web addresses in your article so your prospects can view them for themselves. You will become known as an expert on the topics you write about. This will give you and your business extra credibility which will help you get more sales.


3. Your article might also be placed on the publisher's home page. If they publish each issue on their home page this will give you some extra exposure. Its like being in the number one position on Google, everyone reads the first page.


4. You might get extra exposure if the e-zine publisher archives their e-zine on their site. People might want to read the back issues before they make the decision to subscribe. Offer your visitors incentives for revisiting your web site. You could give them new content, ebooks, software, ezine, etc. Go through your files, you more than likely have an ebook you can give away.


5. You will get free advertising. This will allow you to spend your profits on other forms of advertising. You could buy advertisements in other e-zines that don't publish your articles. When you purchase advertisement space its more than likely your article is reaching your targeted market, so make it compelling. If they like your article they are more apt to buy.


6. You might get extra income from people wanting to hire you to write other articles, books, or even ask to speak at seminars. Become a ghostwriter. Some people find it easier to pay someone to write their articles for them. This is a great way to multiply your income.


7. You could allow e-zine publishers to publish your articles in their free e-books. The great thing about having your article published in an e-book is that you become an instant authority on the subject. Since people give them away, your advertising could multiply all over the Internet.


8. You will get your article published all over the web when you submit it to an e-zine publisher that has a free content directory on their web site. They'll allow their visitors to republish your article.


9. You'll gain people's trust. If they read your article and like it, they won't be as hesitant to buy your product or service. Persuade visitors to link to your web site. Give them a freebie in exchange for them linking to your web site. It could be content, software, etc. You will then be able to increase your profits.


10. You could get your article guaranteed to run in an e-zine. You could agree to run one of their articles in your e-zine if, in exchange, they run yours in their e-zine. This could turn out to be a Joint Venture. This will double your exposure and perhaps your income.


 



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10 article writing keys for newbies


10 Article Writing Keys For Newbies


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BONUS TIP for you: Along with "the rejection slip" will usually come a suggestion on how to "fix" your article


articles, article writing, writing, author, newbies, Blog, Blog writing, tennessee, mountain man, tennessee mountain man, computer,


This article on the 10 (no, 11... yes, 11) tips for newbies is not written from the catbird seat point of view of the article host or database manager. Rather it is by and from the perspective of an author who remembers the early misgivings. It is written especially for the beginning article writer. The Tennessee Mountain Man has written and submitted hundreds of articles for publication to thousands of article hosts and database managers and still finds article writing his nemesis.


1. Necessity vs Desire:

Articles and Blogs are necessary in today's scheme of search engine indexing. Not what the newbie wants to hear. Just remember what the Bible says, "there has nothing over taken you that is not common to man". That's right! All of us hate article and Blog writing at times, and some of us dread the journey to pen and paper (or keyboard as the case may be) all the time. Many a webmaster would call them "a necessary evil" as they are not generally anyone's best liked house keeping chores.


2. Just Start, It Gets Easier:


First it is sometimes difficult to get a subject or theme and to get the first couple of lines scribbled down. The Tennessee Mountain Man knows authors who literally get sick thinking about the process. Lighten up. Once an author has a starting point and gets passed the initial thoughts, article and Blog writing usually goes fairly smoothly.


The main thing is that you get started. Pick a subject you know something about and just start. You will be pleasantly surprised at just how easily ideasflow. Don't assume everyone knows what you know. They don't. Will Rogers once said, "all men are ignorant, just on different subjects". And, so it is!
3. Good vs Perfection:


Your old English comp professor is not looking over your shoulder. This paper does not have to be perfect. That is not to say it does not have to be on point or to say that it does not have to be correct. It does or at least it should be. But, perfection is not the goal and is, in fact, seldom possible. Too much detail and you run the risk of losing your reader on several levels. Too long and
most readers simply don't have the time or interest to wade through the material regardless of how important it is.


4. Blog Length vs Article Length:


Most publishers want a minimum of six hundred (600) words per article - some will let you slide with four hundred (400) words. Blogs can be much smaller. Blogs can and maybe should support appropriate pictures and embedded links.


Just don't over do it. Too gaudy or too slow to load and you have wasted your time, ticked off a potential reader, and probably upset a host who can ban you from their publications. Articles, on the other hand, typically cannot carry these extra touches according to the requirements of most publishers.


5. Format:


Prepare your article in American Standard Code for Information Interchange (ASCII) format. There are many tools from which to choose to get the job done. A search for 'free ASCII editor' or for 'free plain text editors' will provide one with a multitude of free options. word press is a popular choice. If all else fails simply use notepad to turn out your masterpiece.


6. Spelling and Grammar:


Once you have your article or Blog run it through a good spell checker and a good grammar checker. Microsoft Word works well for these purposes. Just don't use the MS Word copy for publication of your article. Rather use it's suggestions to make any necessary corrections to your plain text copy. The MS Word copy will work for Blogs although the Computerman prefers other editors.


Just like the days when you were pushed by Profs, you will find Article and Blog writing skills become easier with time and practice.


7. Publish and Announce:


Once your Blog is ready you may want to use some automatic tools to publish and announce it. First do a search for Blog hosts and select those which best suit your needs. Join one or more and publish your Blog there. Then search for Blog announcers and rss announcers and use them to get your Blog noticed.


Now that you have that out of the way find an article wizard that will post your Articles to free publishers. You can post them one at a time by hand if you are really bored and have absolutely nothing else in life to do. Using an automatic poster you can publish to hundreds of hosts in an hour or so. The only way to go.


8. Patience:


Now, have some patience. Here is where you lose control. Many of the men and women who host articles are timely and your articles will be reviewed within twenty-four (24) to forty-eight (48) hours. But, many others will be days and weeks down the road therefore never date an article - a sure way to get rejected.


9. Rejection - "sorry your article has been declined":


Be prepared for most hosts to reject your articles. Do not take it personally. It usually has little to do with you or your article.


Some databases routinely reject articles for spelling errors when there are none or where there is more than way to spell a word. And, just as in any other endeavor some hosts are simply too lazy and get so far behind, the easiest and fastest thing to do (and perhaps the only alternative) is to reject everything. You will learn who these are over time.


Then there are those who run your articles through the sausage grinder and if they find certain words, irrespective of how they are used, your article gets no farther. These are the people who can't publish the Holy Bible because it contains words that offend them or their readers. Don't worry about these folks who are so heavenly minded they are of no earthly use.

Remember, just as in everything else in life, for every rule there is an exception


10. Keep the faith, and keep cranking out articles:


Since most authors, especially newbies, prepare only one copy of an article against the advice of most seasoned authors it is important that the newbie keep his chin up - keep the faith. That will be easier as more and more of your articles are accepted and published driving visitors to your website while creating those all important back links.


It is not necessary that every host to accept everything submitted to them. After one or two hosts publish your article on any given subject, the search engines tend to penalize you anyway by ignoring additional postings. This is close to spamming and while it could help someone find you, it probably won't. It is not necessarily, the more the merrier. The additional listings will not increase your page rankings or links reported by the search engines. It is more important to get published by hosts with the highest Google page rank possible.


Now, one BONUS TIP for you: Along with "the rejection slip" will usually come a suggestion on how to "fix" your article and a request that you resubmit it. Don't waste your time. While trying comply with one database manager's request you could have written a new article from which you get much more punch. Enough publishers will pick your article up so move on and save yourself some time and heartburn.


Everybody has a thought or idea at least once a day usually at the most inopportune time. How many good ideas have you lost because of waiting? Don't procrastinate! Go! Capture that thought before it is gone forever.


 



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