How to Handle Risk in Market Place?

Author: Francisco Mandelbaum

Devise a future-oriented emini trading strategy for yourself, focusing on eliminating risks. Although no trading can be completely risk-free, you can certainly work on minimizing them. Spend more time on practice account doing paper trading until you get proficient in strategy-making.

Trading is just like playing a game that involves strategies, overcoming risks and moving across the board with a clever plan. We have all played this type of game at one point or the other. Well, online futures trading is similar to these types of games where you invest money, manage your risks and acquire profits as you move through the session. You may have heard the saying, 'there\'s profit in risk.' When translated into trading language this means that the less uncertain you feel and the better you manage your risks, the better your returns will be.

You always have to have a strategy when trading because without it your chances of success are slim to none. Your strategy has to have a future oriented goal which aims to reduce the amount of risk you take as well as the uncertainty of a loss. Theoretically, you have to eliminate all risk from your trade to be 100profitable at all times. How do you do this? Well, by buying into winning positions on all trades. However, in the real world it is not possible to eliminate all risk and it will always be a variable to consider in trading. Managing your risk tolerance will make a difference in the success of your trading results. Let us take a look at just how you can go about reducing your risk variable.

Look at your motivation level. If your past performance only makes you focus on the losing trades you made rather than the winning trades then your fear factor increases. You should change your perception by spending more time on your practice account until you see a profitable consistency. Only then do you return to your live account with an invigorated confidence. Your trading errors may affect you psychologically thus affect your risk tolerance and this is why you should take note of all the mistakes you make and develop corrective measures. Find out if your computer is the problem. You may be trading online efficiently but your computer may be doing the damage. This leads to uncertainties in placing exits and entries and your ability to assess risk correctly. Tune up your computer and clean your registries and ensure that you know how to use it effectively.

Do a self-check-up every now and then too. Is greed affecting your online futures trading decisions? Are you able to cut your losses when your stop gets hit? Are you doing the trading as a business or as a get rich quick scheme? Are you still willing to learn, weed out your weaknesses and remove self-doubt? Answering these questions will help in reducing risk. If you invest in yourself and in overcoming your uncertainties and fears, your risk tolerance will greatly improve and you will thus be able to calculate the risk of your future trades with confidence. You will no longer view trading as a huge risk but something that has the potential to make you a good income once you overcome a few challenges.
Article Source: http://www.articlesbase.com/day-trading-articles/how-to-handle-risk-in-market-place-6802397.html
About the Author
Author of this article enjoys listening to the CFRN Emini Futures Live Market Commentary each day and also watching the CFRN Professional Emini Traders place live trades in their Live Emini Trading Room.

Two great treasures in life are health and wealth, so save it

Author: Dynamo Home
To run a house or a business in a successful way lies in the hands of the person who holds the finances.  Right vision and right action is important every step of the way. A single wrong step can mean swimming in troubled waters. Many people do not know how to handle cash and get into difficult situations because of that. Instead of worrying about this, it is better to consult wealth creation and wealth protection services offered by companies in Perth. Like creating wealth, protecting it and maintaining it is essential.
Some people are very smart and calculative in life, while some   go with the flow. Planning, spending and saving are three important aspects of finance.  There are people who are legal heirs of a large treasure but have little knowledge about handling it in a proper way.  There are people who have very little idea about stock market but start investing huge money in it and get their hands burned. Seeking the help of Wealth Creation Services Perth can help in avoiding such situations.
Ask yourself a few questions and if you do not get a proper answer for it then it is time to approach a Wealth Protection Perth company. Why am I not able to save properly? Where is my hard earned money going? How do I make more money? Am I a good saver? How do I protect my assets? What will be the future of my family? You need the assistance of Financial Planning Services Perth to answer these questions for you and put you in    the right course.
How will Wealth Creation Services Perth help in planning and maintaining your wealth? By having immense experience in the wealth creation industry the professional wealth creation, these service providers are able to work out the monthly savings and expenditures. Next they will check your lifestyle and work out a plan that will help in managing monthly expenses effectively. Careful spending can help to save a lot. They will also advise on how to save more money.
Planning of a good budget is essential to build a strong base. The professional Wealth Protection Perth companies review and analyse spending patterns apart from   reviewing your debts and future expenses. This allows in analysing money saving opportunities. Health and wealth are the two important treasures of a human being. Both are needed in equal quantity to maintain a balanced life. Health should be protected, while wealth should be accumulated and maintained by reducing all kinds of risks associated with it. Building a financially safe life is essential to face the expected and unexpected events occurring in life. Do it as early as possible.
Article Source: http://www.articlesbase.com/wealth-building-articles/two-great-treasures-in-life-are-health-and-wealth-so-save-it-6771934.html
About the Author
Financial Planning Services Perth will assist you get a much better handle on your financial strength. By adhering to the plan defined by your Wealth Creation Services Perth, you will be capable to achieve your goals for you and your wealth.

Advantages and Disadvantages of 3G Cellular Phones

Author: Vanessa Arellano Doctor

Cellular phone companies are now beginning to develop new technologies that will help make telecommunications much easier and more appealing to a lot of its consumers. One particular advancement that these cellular phone companies have made on their cellular phones is the 3G technology.

3G technology, which is short for third generation mobile telephone communication systems technology, improves the efficiency of data can be transferred through your cellular phone. The data transfer rates for third generation mobile telecommunications is up to 2 Megabits per second. Aside from this feature, 3G cellular phones also have conventional voice, fax and data services, as well as high-resolution video and multimedia services which can be used while on the move. It also includes mobile office services such as virtual banking and online-billing, video conferencing, online entertainment and access to the Internet.

Such mobile telephone technology would improve the way people will be able to communicate with each other, as well as develop new uses for their cellular phones. One particular advantage of using such a technology on your cellular phone would be your phone\'s ability to watch television shows on your phone, and it also allows you to have video conversations with other people who also use the same 3G technology.

This makes one of the 3G phone\'s most essential feature better, which is the ability for people to conduct video conferencing. However, this only makes up a very small fraction of use from the 3G phones. Other applications of the 3G technology include map and positioning services, as well as multiplayer gaming, which is more popular with the mobile phone\'s younger subscribers.

The 3G technology in cellular phones can also benefit you while you are at your home with its different other applications. 3G can help you simplify everyday tasks such as shopping, wherein you can order items that you need to restock your supply at home at your local market so it would be ready for pickup once you are there, giving you the opportunity to make better use of your time.

You can also pay your bills and balance your checks by logging on to your bank account using the 3G devices that you have. You also book in advance dinner and hotel reservations in any city that you are in. Such technology also benefits you by giving you enough flexibility to function at your best in your workplace. Teleconferencing is one of the best applications for the 3G technology in your work.

Although 3G technologies offer a lot of new advancements and changes in the world of telecommunication, there are still a few things that render the use of 3G telephone communication systems technology as disadvantageous. One thing that makes 3G cellular phones disadvantageous to its users is the fact that these types of cellular phones are more expensive as compared to those which do not share the same technology. Aside from this, people who have 3G can only enjoy the video conferencing feature of the technology with other 3G subscribers.

If you are thinking about which type of phone to buy, whether 3G or not 3G phones, the important thing is that you buy the phone that has all the necessary features that you are looking for in a cellular phone.

Vanessa Arellano Doctor
http://flatrateonline.com


Article Source: http://www.articlesbase.com/negotiation-articles/advantages-and-disadvantages-of-3g-cellular-phones-156732.html
About the Author
Vanessa Arellano Doctor from http://www.Jump2top.com, a SEO Company

Raise your hand: 3 questions every investor should ask

A successful financial future can start with asking the right questions today


(BPT) - We live in a busy world full of demands on our time and attention - everything from keeping up with our families and careers to making sure we are taking care of ourselves and answering our cellphones by the third ring.

To meet all of life's challenges, sometimes you need to take a step back, sometimes you need to take charge, and other times it makes sense to delegate tasks to someone else - often times a professional such as a contractor, attorney or financial advisor. But for most people, turning things over to someone else shouldn't mean tuning out completely - especially when it comes to something as important as your financial future. When it comes to money and investing, most people feel more confident keeping one hand on the wheel to help ensure their best interests are being served.

But how do you know if you're doing that now or not? Here are three questions every person who invests should ask to determine how involved they are with their investments and if they're getting the level of engagement they want from their current investment professional:

1. Does my broker encourage me to be actively involved in my investment strategy?

Ninety-seven percent of Americans who are highly engaged in various activities in their lives say they want to be involved in the decisions that their broker is making, according to a Schwab study of engaged Americans conducted in May 2013. Does your broker make this easy for you to do? Sitting down and having a conversation with your broker to discuss the level of involvement you want is the first step. You should determine how and when you'd like to be contacted so your broker can keep you up-to-date on major developments in your financial situation. Make sure you feel empowered to ask questions and your broker's answers make sense, you are comfortable giving feedback, and your broker encourages you to check in as frequently as you want - on your terms.

2. What are my broker's recommendations based on?

Do you ask for the rationale behind the recommendations your broker is making for your money? Not only do you deserve an explanation, but you need to understand how your broker's recommendations are suitable for your unique goals, risk tolerance, time horizon and ongoing changes in your personal and financial situation - as opposed to being the same cookie cutter ideas everyone else receives. It's also a good idea to make sure you understand how your broker is compensated for the advice you receive and the products being recommended.

3. Do I understand the progress I am making toward my goals?

Schwab's study of engaged Americans from May 2013 found that 56 percent of those surveyed have a customized financial plan, which is an important first step to taking ownership over your financial future. But do you understand the progress you are making in that plan? It's important to have simple and transparent benchmarks and measures, so make sure your broker offers the tools you both need to track progress against your goals.

If you weren't able to answer these questions on your own, it may be time to ask your broker. Communication is key to any good working relationship and your broker is no exception. It's worth the time and effort to make sure you are on a path toward a successful financial future.

For more questions to ask and additional information on how you can take more ownership over your finances, visit Schwab.com/ownyourtomorrow.

Investing involves risk, including possible loss or principal.

Charles Schwab & Co., Inc., Member SIPC (1013-7270)

12 things about Dangote’s Wealth

Aliko Dangote
Source:  By World Economic Forum [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

•           He was the first documented billionaire in dollar terms from Nigeria.
• ·         He currently worth about one fifth of the current World richest Man-Carlos Slim Helu
• ·         He is current the African Richest Man
• ·         He is 43^rd position in current Forbes World Richest list after Lakshmi Mittal and    ahead of Len  Blavatnik
• ·         He moved 34 positions up to present position between 2012 and now.
• ·         He is currently worth $16.1 billion according to Forbes
• ·         He started real business at age of 21
• ·         He started business with about $300,000
• ·         He has grown 53,666% from the initial business loan
• ·      His current asset in cash equivalent can finance the current Nigeria Government  budget for the next 10 months and Niger Delta oil would rest.
• ·         If he is to distribute his wealth today he will give every Nigeria about $100 each
• ·      He is worth about 6% of Nigeria GDP( value of all final goods and services produced in 2012), mind you Nigeria is the 37th largest economy in  the World in term of GDP(IMF).

Trusting the weakest link: What data breaches mean to you

(BPT) - You've seen it in the headlines. Hundreds of data breaches, often at large corporations, happen every year - and consumers suffer the consequences.

Data breaches have become a constant reality of a connected world. Although many people choose to ignore the problem, you can take steps to defend yourself.

What is a data breach?

According to the U.S. Department of Justice, a data breach "includes the loss of control, compromise, unauthorized disclosure, unauthorized acquisition, access for an unauthorized purpose or other unauthorized access, to data, whether physical or electronic."

In other words, a breach occurs when a corporation, organization or institution is intentionally hacked or robbed, or inadvertently exposes information through a clerical or technical error. Data breaches aren't always due to malicious attacks. Sometimes they're the result of a mistake, but the consequences are still grave.

When a data breach occurs, confidential information, such as your Social Security number, bank account details, credit card numbers, personal health information or even wireless phone and utilities accounts are released.

In 2011, there were 855 data breach incidents, according to "2012 Data Breach Investigations Report" from Verizon Enterprise. In the past, corporations like Sony and Citibank have had the misfortune of experiencing such a crime. The real misfortune, however, is the victimization of the consumer.

Why should you care?

The odds are you'll be part of a breach sooner or later. The Verizon 2012 Data Breach Investigations Report cites 174 million compromised records in 2011.

Unfortunately, it's completely out of your hands. Let's say you do everything right on your end: shred documents, use secure websites, etc. You're still only as safe as your weakest link.

That weak link could be anywhere your personal information resides - at your doctor's office, employer, bank, favorite restaurant or even the place you got your hair cut last week. You may be doing a lot right, but what about everyone else?

The worst part is that victims of data breaches often become victims of identity fraud. According to a study done by Javelin Strategy and Research, "Data shows that consumers who received breach notifications in 2012 had a substantially higher risk of identity fraud - over 4 times higher - than those who didn't receive these notifications."

In addition, the Verizon 2012 Data Breach Investigations Report also shows that only eight percent of victims discover their own breaches. So 92 percent learn about it from a third party, but that can take weeks or months. The longer your information is out there undetected, the higher your risk for fraud.

If you do receive a letter, your information is out there for good. Even if you don't experience fraud immediately, you could later - several months or even years later. That's why it's important to take privacy seriously.

What can you do?

While companies continue to boost security in order to respond to this threat, here are a couple of ways you can strengthen your defense against data breaches.

* Do not provide your Social Security number unless it is absolutely necessary - simply ask if it's required.

* Never use your name, a child's or pet's name in your passwords.

* Create passwords with upper and lower case letters, non-sequential numbers and symbols. Change them at least quarterly.

* Do not use the same password for multiple accounts; this will minimize the damage in case your information is compromised.

* Review your bank statements monthly and your credit reports annually. Even if you haven't received a notification letter, you could already be a breach victim.

Above all, it's important to stay cautious. Data breaches might be an inevitable consequence of a connected, wireless culture, but that doesn't mean you should become complacent.

For more comprehensive protection from fraud, hire an identity theft protection service like LifeLock to monitor your personal information for misuse or exposure. For more information, visit LifeLock.com or call 1-800-LifeLock.

For richer or poorer: Don't let newlywed bliss turn into financial nightmare

(BPT) - For better or worse, richer or poorer - that's the promise most couples make when they face one-another at the altar. When it comes to finances and young love, it can be easy to fall into some common pitfalls that can haunt couples long after the wedding day.

"Communication is a key part of a strong marriage, and it's also the basis for a strong financial partnership," says Barrett Burns, president and CEO of VantageScore Solutions. "Being proactive before and planning ahead of the wedding while sticking to a financial plan will help guard against common financial mistakes that can occur early in a couple's life together."

To start your new life together with a strong financial foundation, check off a few important money to-dos before you say "I do!"

1. Have the debt talk

All couples must have the debt talk. It may not be romantic, but it is necessary in order to plan a bright future together. Be open and honest about debt, savings and spending habits, even if they are less than perfect.

Financial turmoil is one of the top reasons cited for divorce, so understanding each other's finances today and what goals you have for the future will help reduce stress on your partnership. With the average college student graduating with $26,600 in student loan debt, according to The Project on Student Debt, young couples need to create a plan for managing debt and saving for the future.

2. Control wedding spending

The "big day" is a defining moment in life, but it's important for couples to remember it's just one day of many that they will spend together. Weddings and related events cost a whopping $28,427 on average, according to theknot.com, and that doesn't even include the honeymoon.

"When it comes to young couples planning a dream wedding, the plastic tends to be relied upon," says Burns. "It's important to be realistic about how much you can spend. Becoming over extended on credit cards is a common mistake, and this type of high-interest debt is not the wisest way to begin your lives together."

The best course of action when it comes to wedding planning is to create a budget and stick to it. It's not necessarily bad to use credit, especially if you can take advantage of a credit card rewards program, but Burns advises only charging or borrowing what you know you can pay back in a reasonable amount of time as keeping high balances and missing payments can have significantly negative impacts on your credit score, which in turn leads to stress.

3. Work together to build a positive credit profile

Married couples do not have joint credit files or credit scores. Each individual has their credit files with the credit reporting companies and their own credit scores, but in some cases like when joint accounts and co-signed loans are created, the actions of one can impact the other.

"It's common for younger people who are just beginning their financial independence to not have much, if any, credit history. It's important to be proactive and take steps to build a positive credit profile and score so you can demonstrate to lenders that you are a good manager of credit," says Burns.

Get a copy of your credit report and resolve any issue you may have with the information presented in it. If you have a limited credit history, carefully consider the benefits of joint accounts, but keep in mind that the positive financial actions like paying bills on-time and keeping balances low, as well as actions that can have negative impacts like missing payments will influence the couples' individual credit scores.

"The importance of paying bills on time cannot be understated," says Burns. "A single missed payment can drop each person's credit score 80 to 100 points. This can affect a couple's ability to get the best interest rates and terms for a loan."

Another important step in building credit after a marriage is to make sure that all financial lenders are aware of name changes. "If you choose to change your name after you are married, make sure all your accounts have your current information, otherwise positive actions may not get reported correctly or in a timely manner," Burns says.

4. Shop around for rates

"Whether you're taking out a personal loan or selecting a credit card, you absolutely must shop around for rates," advises Burns. "Don't just take the easiest or first option. You want to get the best deal available with low interest rates and reasonable terms."

When shopping for rates, Burns notes to do so within a two week period of time. Credit inquiries from auto and mortgage lenders and credit cards issued from banks and credit unions are only counted once if done in a two week period causing just a slight decrease to credit scores.

Finally, couples soon to be married or those that recently were married can also test their knowledge about credit scores at www.CreditScoreQuiz.org, a website created by VantageScore Solutions and its partner, Consumer Federation of America, one of the largest consumer advocates in the country.
Source: Brand Content

Concierge Auctions to Sell Michael Jordan's 56,000-square-foot Highland Park Estate to the Highest Bidder During a Live Auction on November 22nd

 (via PR Newswire)

The 7.39-acre contemporary estate just north of Chicago and longtime personal residence of Jordan will sell in cooperation with Baird & Warner Real Estate Download image Michael Jordan's Home Auction, Chicago // November 22nd By Concierge Auctions ConciergeAuctions…

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Boeing Adjusts 747-8 Production Rate

Boeing Adjusts 747-8 Production Rate

Six ways studying abroad can change your life

(BPT) - Many students study abroad each year for only a few months, or even weeks. But the experiences and lessons learned go on to impact them well past that brief time, and the benefits of their travels don't stop once they return home. Studying abroad isn't just a chance to explore foreign cities, but a time to grow, learn and expand your connections globally.

Here are a few ways a study abroad experience can change your life:

* It can increase your employability.

Employers are in tune with the benefits of studying abroad, research by Global HR News found. About 75 percent cited study abroad as important when evaluating the resume of a job candidate for an entry-level position.

When Victoria Koutris returned from her semester studying abroad in Sydney, where she interned with the Sydney-Rabbitohs Rugby Club, she scored an internship with the Boston Bruins followed by another with IMG. Now graduated from University of Massachusetts Amherst, she is an assistant account executive at the sports marketing and media agency, Optimum Sports, in New York City.

*It can open up opportunities to work abroad.

Thinking about working abroad after college? The same survey found that 80 percent of human resources executives think study abroad is important when considering a candidate for an overseas job placement. -

"I enjoyed my time abroad so much that I decided to travel some more and I am now a certified English-as-a-foreign-language teacher in Chiang Mai, Thailand," says Eli Molin, who spent a semester in Florence, Italy. Auburn University graduate, Carlos Olivieri, completed an internship with the Great Wall Club while he studied abroad in Beijing. The same company has since hired him as a full-time-international marketing manager.

* It just might change your worldview.

One of the most valuable lessons one can learn from studying abroad is that there's a whole world to explore beyond the United States. Once you've seen it and lived in it, the rest of the world becomes a lot more tangible. The vast contrasts between home and your study abroad city will strike you as you take in the streets filled with diversity, the air with hundreds of different languages and the walls with art and posters advertising events like Diwali and celebrations of Australia Day.

"The study abroad experience opened up an entirely new world to me, literally, and showed me that there is so much more to life beyond my small town," says Gareth Leonard, a study abroad alum from SUNY Fredonia in Fredonia, Calif., who spent a semester in London. "Since then, I have lived in Argentina, Colombia, Ecuador, Peru, Bolivia and Guatemala, building relationships, learning Spanish, and adapting to my surroundings."

* It allows you to explore your individuality and personal development.

Away from the constraints and expectations of home, you're free not only to explore the world around you but also yourself.

Missouri School of Journalism student Allison Goldberg studied in London. She now knows she can travel even with a serious disease. "Other than having less space in my carry-on bag, my diabetes has not in any way, shape, or form hindered my experience abroad," Goldberg says.

* Studying abroad can also improve your storytelling abilities.

You'll have more than enough raw material to work with and being able to illustrate your point with a real life story makes for interesting conversation, and also better answers during an interview. Some students go on to write blogs about their experiences abroad, which is a great way to reflect and also to share your writing skills with the world.

* It expands your global network.

Even if you don't return to live or work there, the city where you studied abroad will always feel like a home away from home. Once your experience is over, keeping in touch with friends you make on the other side of the world couldn't be easier thanks to social media. You'll bump into plenty of others looking to expand their own global networks and that includes locals, people who work abroad, intern abroad, or are simply travelling through. These new connections can also increase your opportunities to travel to new areas you otherwise might not have considered venturing to. It's also a lot of fun to invite your international friends to stay with you in your hometown so they can see where you live.

If you're thinking about studying abroad, there's no better time than now. Learn more at www.capa.org/faqs.