It doesn’t take a genius to realize that the economy is headed to hell in a handbag right now. Just turn on the news…or Glenn Beck…and you’ll see rather quickly what I’m talking about.
To do that you need to find a money making opportunity that will allow you to get paid over and over again on a sale that you’ve had to put the effort into making only once. In other words you need a product or service that someone is very inclined to reorder each and every month.
Listen to CD’s. I listen to a lot of CD’s in my car as I run my errands. A lot of the books you might want to read are probably also available on CD. It could be the perfect solution if you don’t have the time to read. You can usually get through an average sized book in about 3-4 hours.
Ten minutes after getting to class, the children and I went to the assembly that is held every Thursday morning. I noticed a few things about the children’s behavior; mostly the lack of good behavior. To prevent fighting the children are seated boy/girl. This setup did not help. Children chattered away while the principle talked. When one girl was reprimanded she rolled her eyes. For punishment she was placed in the corner after sharing with the school what she was so desperate to talk about.
For instance, raw honey is a great anti-bacterial and helps fight off the acne causing bacteria before it get’s a chance to cause more pimples to form. Use this instead of benzoyl peroxide and your skin will thank you; it will lose that dull look and trust me, honey doesn’t make your skin itch like BP does!
By doing this we create a clear set of rules to test our ideas and determine how effective they might be. We then conduct both back testing and forward testing to work out any kinks in our plan. What we are left with is a clearly defined Trading plan and enough historical testing to feel confident Automated Trading Bot the system real-time in the markets. I call it “doing the hard work on the front end”. Traders who follow this simple procedure are amazed at the confidence they gain in their trading plan, and how much easier it is to stay disciplined through the inevitable draw downs.
Today I also helped a group of nine year old girls create a dance for their assembly on Diwali, a Hindu holiday. The teacher just showed me a five minute video on traditional Indian dances and then told me to make up the dance. Not extremely thought out but it allowed me to give the girls a say in what went into the dance. Too often teachers do not let the kids have a say in anything in this school. They were for the most part thrilled about doing a dance but less than thrilled about practicing it.
It is also vital for every trader to develop their own trading strategy. You will need to develop the ability to predict market changes and decide on how you will let them affect your trading. Trading is not generic and that is why you need to develop a personal game plan.