Tuesday, August 28, 2007

Using Lapel Pins To Promote Your Organization

Perhaps you want to include a lapel pin in your recognition program. You can use lapel pins for your fund raising efforts. In any of the above cases you face the decision of buying stock lapel pins or having your pins custom made with your logo and message.

In some cases it is less expensive to purchase stock lapel pins but if you want to enhance the image of your company or organization there is nothing better than a custom made lapel pin. With a custom made lapel pin you can have your logo displayed proudly.

How much could you save if you were to buy stock lapel pins?

It will vary but, how much can you win if you include your logo on it? I would say a lot. What would you like better if you were the one receiving it? You know the answer. Now lets say you decided to get your company's lapel pins custom made, and lets assume you have no idea where to start.

First you need to get all the specifics you can think of from your company or organization, and then submit them to your sales rep.

What are the lapel pins going to be used for?

This is a very important piece of information that will help your sales rep recommend the style, size and finish that will suit your needs.

How many pins you are thinking of purchase?

As the price breaks depend on the quantities, maybe you will only need to buy a few more and save the big bucks.

When is the latest day you need to have your lapel pins in hands?

Maybe your are planning ahead (good for you) or maybe this is a last minute thing. As in any other manufacturing process, there is a certain time frame in between placing the order and shipping it to your location so it is important to communicate it in advance.

Do you have artwork ready?
Maybe all you have is a drawing, or an idea, or just the logo and will need some help creating the art, or perhaps your company has its media kit with all the specifications for its logo.

In any of these situations, it is important you communicate them to the sales rep so he/she can have the artist work on your project in the most efficient manner.

How are you going to pay for them?

Credit card, check, purchase orders, it is advisable that you check on the type of payment accepted,

These are questions that are often asked and will help guide you and make the best of your buying experience in your quest for the "perfect lapel pin".

Rosana Levesque is a graphic designer specializing in custom design of promotional items. She works at http://www.montereycompany.com The Monterey Lapel Pins Company, manufacturer of custom lapel pins, award and recognition lapel pins of the highest quality.

Online Forex Trading - A Simple Powerful Method Making Big Profits

We recently put together a very simple system from free info we got from the Internet and traded 4 trades to show its potential and we won 4 out of 4.

There is now another potential opportunity which we will look at with these indicators.

This system is simple and effective and any trader can use it novice or pro, also all the info you need is free.

Lets take a look at another trade.

The system

Only a few things to remember 1. When swing trading you are looking for support and resistance to be tested then for it to hold and price momentum to drop from the level of resistance or rise from support.

2. Breakouts When a price breaks a significant high or low you go with the breakout if price action accelerates.

3. We are using chart support and resistance and the stochastic indicator to time momentum ( if you do not know how the stochastic indicator works you should check our other articles and look at set ups on a free chart service such as future source.com) its the ultimate timing indicator.

4. We are also using RSI to show overbought oversold and Bollinger bands as back up indicators

Thats all we are using! Nice and simple but very effective.

Lets look at a live set up

The Euro

Prices have moved up to within striking distance of the recent high 1.3400 and are trading down from this level. Expect this resistance to hold and watch for the following:

RSI to move lower and the stochastic lines to cross and stay crossed to the downside with bearish divergence.

This indicates waning momentum to the upside and lower prices should unfold.

Target is the middle of the Bollinger band

If prices move back up and take out 1.3400 on a close basis, the odds favor the bulls and all bets are off.

Thats it a simple trade with low risk and good reward, swing trading within the existing range. A Simple System That Works. This way of trading may look simple, but as we have shown live in 4 trades it can make good profits.

Ok we were lucky and we won on 4 out of 4 trades but even if we were wrong on any of these trades risk was low and rewards were high. This system needs you to pull the trigger on trades but if you practice it you will soon be piling up some big profits either swing trading, or trading breakouts.

Good luck and good trading.

FREE ESSENTIAL TRADER PDF'S AND MUCH MORE

On all aspects of becoming a profitable trader including features, downloads and some great FREE Trading PDF's visit our website at http://www.net-planet.org/index.html

High Barrier with Low Profit

Conventional wisdom says that when you create a high barrier of entry for your business, it will be harder for new competitors to enter. As a result, your profitability will be high, right? Ehm, you are wrong on this one. Several excellent examples show that despite the validity of high barrier, it does not guarantee profitability. In fact, some lower barrier business can thrive in this business.

The truth is, many people equate high barrier business with high capital requirement. Capital creates barrier but that creates setback too. When you spend so much capitals on your business, it is harder for your business to turn a profit. Look no further than Amazon.com (AMZN). In the early part of the decade, Amazon was busy erecting barriers for its business, expanding its selection from books to lawnmowers. That strategy seemed to work well for Amazon but it takes them a whole lot of time to be profitable. Congrats to early Amazon.com shareholders. You would do well as the company has turned profitable for the last few years. However, cumulatively, Amazon still lost a combined $ 2.02 Billion since its existence.

That alone should deter you from investing in companies depending on capital to erect barriers. For one, the future is uncertain. The longer it takes to be profitable, the higher risk it won't achieve that. Heck, I can even give you more examples of high barrier low profit proposition. How about the airline industry? Sure, nowadays, the barrier to entry is a lot lower. But, you still need to spend all those capitals to hire fleet, pilots and so forth. So far, the only established airlines that consistently make a profit is Soutwest Airlines (LUV).

You might say that low capital business cannot compete with high capital business. That thought again is wrong. How about restaurant operators such as Mc. Donalds? Opening a restaurant does not take that much capitals. How about creating an information based website such as CNET.com or MySpace? While these business has lower capital barrier, if you can make your product & service unique, you will be on your way.

While high capital is a barrier for new competitors to emerge, it does not guarantee profitability. Meanwhile, low capital business may have thousands of competitors springing up each day. But, with your business unique proposition, your business can thrive and profitability will be on the horizon. Therefore, creating barriers with high capital expenditure is not a prerequisite for business success.

Get your free investing idea and submit your investing articles at Novice Investing

Forex Charts - Using The ADX Indicator For Bigger Profits

If you're using charts, then you want to trade the strong trends - and the Average Directional Movement Index Indicator, or ADX, enables you to do this.

Wells Wilder developed the ADX, and outlined it in his classic book New Concepts in Technical Trading Systems.

Lets look at this essential indicator in more detail - and see how to apply it on your forex charts, to give you greater accuracy when generating your trading signals.

Determining the Strength of the Trend

The ADX is a momentum indicator, which aims to measure the strength of the trend - and attempts to determine if the market is trending, or is trading sideways.

The Advantages of the ADX

A core belief of technical analysis is that a strong trend in motion is more likely to continue, than reverse. Therefore, you always want to be trading strong trends - as your odds of success are higher. The Average Directional Movement is a good indictor and you should consider using it as part of your currency trading system.

The Technical Bit

For the boffins out there, heres the technical bit dont worry if you dont understand the calculation, its easy to use when visually plotted. The ADX is based on the comparison of two other directional indicators, both of which were also developed by Wilder, and they are:

Positive Directional Indicator (+DI) and the Negative Directional Indicator (-DI) to produce ADX as showed in the following formula:

ADX = SUM[(+DI-(-DI))/(+DI+(-DI)), N]/N

Where:

N: Refers to the period of calculation. The formula above produces the ADX line, which oscillates between 0 to 100 values. The +DI and -DI are both present and can be seen to make up the indicator.

You dont need to understand the above calculation to use the indicator you only need to accept that the indicator works.

The indicator is easy to use when its visually plotted - and youll find it included, with most of the good forex chart services.

How to Trade using the ADX Indicator

The ADX its not a bullish, bearish trading signal generator - and should never be used as such.

The ADX indicator simply indicates the strength of the trend - and other indicators should be used to enter, and exit trades.

Although the ADX fluctuates from 0 to 100, it rarely moves above 60.

Use the ADX in the following way:

Readings above 40 indicate the strength of the trend.

Readings below 20 indicate range trading and flat periods of consolidation.

You can use the crossing of +DI and -DI to determine the trend direction; when +DI crosses -DI upward, its a bullish signal, on the other hand, when +DI crosses -DI downward its a bearish signal.

The ADX line is a great momentum indicator and like the RSI (also developed by Wells Wilder), the ADX it will help you trade the strongest trends - and give you advance warning of changes in momentum.

The Bottom Line

If you want currency trading success, you cant just trade support and resistance levels, and hope they hold or break. You need confirmation of momentum to get the odds on your side - and the ADX indicator will assist you.

Final Words

New Concepts in Technical Trading Systems was published in 1978, and was one of the first trading books I ever bought. Every trader should make this book a part of his or her forex education. If you want to learn forex trading the right way, get the book, and use the ADX indicator to increase your chances of making big FX Profits.

Grab 5 FREE Trader PDF's and get the support you need to trade like a pro with our user-friendly multi-lingual learn forex trading. Get up to date financial news, real-time market prices, tight pip spreads, built-in risk management system, and 24-hour professional support. Grab your FREE PDF's NOW:
http://www.freeforexguidesonline.com

Little Known Tips To Stop Day Trading Losses

Studies have shown that you should never risk more than 2% of your float on any trade. Why 2%? Well, in fact, many day trading professionals will tell you that 2% is too much. Theyll risk 1% or even as little as a quarter of a percent on any trade. Whatever percentage you pick, the idea is to ensure that no one trade is really going to affect your day trading float, positively or negatively.

Many traders dont appreciate how powerful this rule is. By simply changing the amount of capital you risk in your day trading, you can turn a system from returning 10% to returning a 100% per annum. Now, by increasing risk, and investing more in a trade, you do increase your chance for reward. However, you also end up increasing your draw down as well. You may want to do a bit of testing to understand the importance and the power of changing this one variable. I always recommend that you never exceed a 2% risk. Sometimes it is difficult to understand this simple fact; keeping your losses small will help you be successful in day trading.

Lets look at an example of the 2% rule in action. If we had a day trading float that was $20,000, using the 2% rule we set our maximum loss to be $400 on any one trade. With this maximum loss, we could have a string of 50 losses in a row before we had no more capital left to trade with. In most day trading systems the chances of getting 50 losses in a row is very, very slim. However, the chances of going broke are even smaller, because when you implement the 2% rule correctly, the calculation is based on the current float size.

So, initially 2% of $20,000 is $400. However, if we experienced a loss first off, our day trading float would now be worth 19,600 dollars. We then calculate 2% of this new value, and set our maximum loss for our next position. 2% of $19,600 dollars would be $392. You can see that each time we experience a loss, our next maximum loss would shrink. As our portfolio increases in size, were happy to take on more risk as well.

I thought Id play around with a few of the figures just to see what would happen if we had a string of six losses in a row. After receiving six losses in a row, our day trading float would have decreased to only $17,717. After six successive losses, weve only lost $2,283. Now, thats managing your risk.

The fact that the loss is such a small component of our day trading float makes it much easier to gain back those losses. In this example, weve lost a little bit more than 10%. To gain back that loss and break even, well need to make 11.1%. Now, imagine if we didnt have good money management in place and we had a draw down of over 50%. If we have a draw down of 50% and we loose it, we need to make 100% return on our remaining capital to break even. You can begin to see the how a larger draw down makes it more difficult to recover from losses.

Novices often risk more than 2%. Even if youre starting out with a small day trading float, you should practice good money management. You need to position yourself so that you can endure long strings of losses, and maintain your day trading system. When the market does turn around, youll be in the market positioned to capitalize on its moves. Thats what setting the maximum loss is all about, it keeps you in the market, allowing to you to keep your day trading system going. If you can survive some losses in your day trading, the profits will come.

David Jenyns is recognized as the leading expert when it
comes to designing profitable stock trading systems.

Discover the "secret formula" of trading that anyone can use
to consistently generate BIG profits from the market by
downloading your FREE copy of David's new Ultimate
Stock Trading Systems course.

Click Here To Download ==> Stock Trading Systems
http://www.ultimate-trading-systems.com/stocks.html

Forex Trading - Instantly Increase Your Profits With The 80 - 20 Rule

The 80 20 rule was not devised for Forex trading - however if you apply it in your trading, you'll instantly increase your profit potential. The rule is simple to understand and apply - and all Forex traders should use it.

So, what is the 80 20 rule, and why is it so powerful in terms of making Forex profits?

The Logic of the 80 20 Rule

In the nineteenth century, Vilfredo Pareto, an Italian philosopher, observed that a small section of the population held most of the money and power. He postulated that in most countries, 80% of the money and power was controlled by around 20% of the people. Therefore, 20% of the participants accounted for 80% of the results.

The 80 20 rule applies to many other areas of life - including Forex trading, and in simple terms, the key point to consider is this:

80% of your results will be generated by 20% of your efforts.

This also means that:

20% of your results will be generated by 80% of your efforts.

In Forex trading, its a fact that most traders make this critical error they trade too much - and try to force results by working too hard.

Heres what you need to do, to apply the 80 20 rule in Forex trading, and increase your results:

1. Cut out short term trading - like Forex day trading. In day trading, you trade frequently - but it simply doesnt work. This is because all short-term volatility is random - and you can never get the odds in your favor.

2. Only trade significant technical patterns - such as critical breaks of support and resistance, with your Forex trading system.

3. Risk more per trade on the good trades - up to 20% is OK. Remember, risk goes with reward - and you need to take meaningful calculated risks, when the odds are in your favor.

4. Dont diversify! Forex traders think this spreads risk, but all it does, is simply dilute profit.

In terms of your Forex trading strategy: Focusing on the above will make you more money but youll also reduce the effort you put in.

Shift your emphasis to long term trading - and only trade the best signals. By doing this, your workload - and the amount of time you need to spend on your Forex analysis will be reduced.

If you apply the 80 20 rule to your Forex trading in the above way, youll cut the effort you put in. Youll also increase the profits you make - and thats what all Forex traders want!

Cutting the Effort You Put In and Getting Bigger Rewards

Many people think that the more effort you put in, the better the results you obtain. This is true in many areas of life - but not Forex trading! Here you are paid for being right with your Forex trading signals - thats all.

Also, dont fall for the myth that the more you trade, the better your chance is of having Forex trading success. This is simply not true - because the big trades, with the best ratio of risk to reward dont come around that often.

Incorporate the 80 - 20 rule in your Forex trading strategy, and watch your profits soar.

Grab 5 FREE Trader PDF's and get the support you need to trade like a pro with our user-friendly multi-lingual learn forex trading Get up to date financial news, real-time market prices, tight pip spreads, built-in risk management system, and 24-hour professional support. Grab your FREE PDF's NOW:
http://www.freeforexguidesonline.com

Learning to Trade Forex

Forex (foreign exchange) is a specialized form of day trading involving the simultaneous buying and selling of many of the worlds currencies. Forex is not traded at a central exchange, but via interbank, making it an over-the-counter (OTC) transaction. The forex market is traded via telephone or computer (internet), and with centers of trading in New York, London and Tokyo is not only a global market, but a 24-hour one, as well. Forex; however is speculative, and should not be taken lightly. Learning to trade forex is not difficult, but is a necessity before entering the market.

Learning to trade forex is almost as easy, from an accessibility point of view, as signing on the internet. Online courses abound, ranging from simple introductory classes to deeply involved multi-step courses. The prices range from simple to deeply involved as well, costing anywhere from zero to hundreds. On-location courses, classes at actual physical locations around the country are available as well.

Whether the trader chooses a brick and mortar school or a cyber space one, the course should include a detailed syllabus and offer a wide range of topics The classes should also be geared to the traders background: new to forex, new to trading, finance background, no finance background, etc.. Once a course is found that is a good match, learning to trade forex should be straightforward and easy to follow, and should consist of some basic lessons.

First, learning to trade forex should address how the forex market works, what the terms mean and how a trade is conducted. Next, trading platforms and their details, including the functions and advantages of the different features, should be explained and discussed. Reading currency charts, analyzing prices and understanding what spread means are essential. Risk management, handling and possibly preventing losses are also of importance.

Brokers can be a source of learning to trade forex. Though most of them offer classes only after the trader opens an account, the classes are usually free, and sometimes include free demos of simulated trades. For a newbie, this can be a dry run to see if forex trading is the right path, and if the broker fulfills the traders needs.

Professional traders are another source of learning to trade forex. Some traders, like Peter Bain, who has put together a multi-media forex trading course, have insights and knowledge they are willing to share. Other professional traders participate in webinars (seminars on the web) and in interactive online sessions that teach and mentor.

Investing in a quality forex trading course is a good step to being successful in the market. Forex is speculative, enticing traders with possibilities of huge profits. Unfortunately, forex can also produce incredible losses. Forex trading is a pendulum that needs to be understood and monitored. Learning to trade forex may require time and a bit of money, but the knowledge gained is well worth the extra effort. Bottom line: Find the course that works for you, then put it to work for you.

Thomas D. Houser
The key to successful Forex trading is knowledge.
http://www.bestforexcurrencyinfo.com/

Forex Trading - 2x Currencies with Huge Profit Potential Now

Most forex traders tend to stick with the majors against the dollar when trading forex, but some of the lesser traded currencies can have as much if not bigger profit potential. Here we will look at two of them, in which a simple buy and hold strategy could make 100% or more per annum.

Two great currencies to trade are the Australian and Canadian Dollar Why?

Because their commodity producing nations and there currencies reflect this.

There are huge rises across the board as the new emerging economic giants of India and China expand at a rapid rate and need commodities to fule this growth.

Just using a buy and hold strategy in these currencies could yield triple digit gains per annum, with low leverage.

This is not a clever strategy, its common sense and suits the patient trader.

Lets look at why this strategy works:

The Canadian dollar has risen as a result of the higher oil prices and should continue to do so, as long as oil prices remain firm and they dont look like dropping much in the near future. Canada has the second largest known reserves of oil and only Saudi Arabia has more. Furthermore, Canada has been the largest supplier of oil to the U.S for the last 7 years, supplying more than even Saudi Arabia. In conclusion, strong oil prices and volatility in the Middle East strengthens the Canadian dollar against its southern neighbor.

Now lets look at Australia. The country is the third-largest producer of gold in the world today.

The Australian Currency is clearly affected by the fortunes of gold prices, therefore gold price increases nearly always strengthen the Australian dollar while decreases will weaken it - relative to most other currencies.

Understand this simple fact:

A forex investor needs to understand which nation's currencies are vulnerable to commodity price increases - in broad terms:

The US economy is highly sensitive to world commodity price rises in general and rises normally put pressure on the US dollar while the Australian and Canadian dollar streghten.

Will the gains continue?

If you look at the huge rises in the Australain and Canadian dollars in recent years, you will see how lucrative a buy and hold strategy can be.

Will commodity prices continue to strengthen?

We dont know, nothing in life is certain but the likelihood is yes, and buying the dips at key support and holding these currencies long term, looks a good way to make some triple digit gains - of course the key is to enter with the best risk reward and we will look at the techncial view in the next part of the article and how to enter these two great trading opportunities.

GRAB 3 X FREE TRADER & FREE TRADER PROFITS NEWSLETTER

On all aspects of becoming a profitable trader including features, downloads and some critical FREE Trader PDF's and more FREE Forex Education visit our website at http://www.net-planet.org/index.html

Little Known Tips To Stop Day Trading Losses

Studies have shown that you should never risk more than 2% of your float on any trade. Why 2%? Well, in fact, many day trading professionals will tell you that 2% is too much. Theyll risk 1% or even as little as a quarter of a percent on any trade. Whatever percentage you pick, the idea is to ensure that no one trade is really going to affect your day trading float, positively or negatively.

Many traders dont appreciate how powerful this rule is. By simply changing the amount of capital you risk in your day trading, you can turn a system from returning 10% to returning a 100% per annum. Now, by increasing risk, and investing more in a trade, you do increase your chance for reward. However, you also end up increasing your draw down as well. You may want to do a bit of testing to understand the importance and the power of changing this one variable. I always recommend that you never exceed a 2% risk. Sometimes it is difficult to understand this simple fact; keeping your losses small will help you be successful in day trading.

Lets look at an example of the 2% rule in action. If we had a day trading float that was $20,000, using the 2% rule we set our maximum loss to be $400 on any one trade. With this maximum loss, we could have a string of 50 losses in a row before we had no more capital left to trade with. In most day trading systems the chances of getting 50 losses in a row is very, very slim. However, the chances of going broke are even smaller, because when you implement the 2% rule correctly, the calculation is based on the current float size.

So, initially 2% of $20,000 is $400. However, if we experienced a loss first off, our day trading float would now be worth 19,600 dollars. We then calculate 2% of this new value, and set our maximum loss for our next position. 2% of $19,600 dollars would be $392. You can see that each time we experience a loss, our next maximum loss would shrink. As our portfolio increases in size, were happy to take on more risk as well.

I thought Id play around with a few of the figures just to see what would happen if we had a string of six losses in a row. After receiving six losses in a row, our day trading float would have decreased to only $17,717. After six successive losses, weve only lost $2,283. Now, thats managing your risk.

The fact that the loss is such a small component of our day trading float makes it much easier to gain back those losses. In this example, weve lost a little bit more than 10%. To gain back that loss and break even, well need to make 11.1%. Now, imagine if we didnt have good money management in place and we had a draw down of over 50%. If we have a draw down of 50% and we loose it, we need to make 100% return on our remaining capital to break even. You can begin to see the how a larger draw down makes it more difficult to recover from losses.

Novices often risk more than 2%. Even if youre starting out with a small day trading float, you should practice good money management. You need to position yourself so that you can endure long strings of losses, and maintain your day trading system. When the market does turn around, youll be in the market positioned to capitalize on its moves. Thats what setting the maximum loss is all about, it keeps you in the market, allowing to you to keep your day trading system going. If you can survive some losses in your day trading, the profits will come.

David Jenyns is recognized as the leading expert when it
comes to designing profitable stock trading systems.

Discover the "secret formula" of trading that anyone can use
to consistently generate BIG profits from the market by
downloading your FREE copy of David's new Ultimate
Stock Trading Systems course.

Click Here To Download ==> Stock Trading Systems
http://www.ultimate-trading-systems.com/stocks.html