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تاب للمدفوعات و باي بال

pattern منذ 3 سنوات 7 أشهر

Universal Principles in Psychology Individual differences vs universal principles in psychology is an ongoing issue similar to the nature vs nurture debate. Do psychologists focus on what makes us different or what makes us the same? Universal principles are behaviors and traits that are true for all humans or all members of a culture or society. Neuroscientists may focus on what makes us the same, such as specific hormones that prime us for sexual behavior. On the other hand, humanistic psychologists may take a special interest in individual differences, believing that all behavior is a reflection of a person's unique qualities. Individual Differences in Psychology: Strengths and WeaknessesSo what are the strengths and weaknesses of considering individual differences in psychology rather than universal principles? Let's take a look: Strengths Weaknesses Looking at individual differences requires psychologists to consider the whole person when treating mental illnesses, rather than the general characteristics of the disorder. (This is often called a holistic approach) Understanding individual differences in psychology give us a clearer picture of concepts like intelligence, personality, gender, and memory. Can help educators learn how to support students who may have fallen through the cracks and need special attention to achieve education goals. Understanding individual differences can help us pinpoint certain developmental issues or psychological disorders. Focusing too much on differences can create divisions between groups. Overemphasis on differences when discussing mental health can make some people feel ostracized or left out. Can help educators learn how to support students who may have fallen through the cracks and need special attention to achieve education goals. Risks too much focus on internal factors, giving less credit to external factors. Individual Differences Psychology - Key takeawaysIndividual differences are comprised of our unique characteristics and traits, which distinguish us from others.Three important ways of measuring individual differences are through observations, controlled lab experiments, and surveys or questionnaires.Highlighting individual differences in educational psychology can apply to intelligence, learning style, and motivation.Universal principles are behaviors and traits that are true for all humans or all members of a culture or society.Individual differences help us pinpoint developmental issues and give us a clearer picture of concepts like intelligence, personality, gender, and memory. On the other hand, overemphasis on differences when discussing mental health can make some people feel ostracized or left out.

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مقالات التسويق والأعمال المنزلية

pattern منذ 3 سنوات 7 أشهر

Customer satisfaction Despite all the effort and money poured into CX tools by companies, customer satisfaction continues to decline. In the United States, it is now at its lowest level in nearly two decades, per data from the American Customer Satisfaction Index (ACSI). Consumer sentiment is also at its lowest in more than two decades. This negative dynamic in the customer-centric ecosystem in which we now live creates the challenge of figuring out what is going wrong and what companies can do to fix it. The short answer is that companies need to create an amazing customer experience. Customers no longer only compare companies to their competitors. They compare with the best companies and brands across industries. But satisfaction across the board is in decline! That begs the question: What customer satisfaction areas should companies tackle strategically to create greater profit at lower risk? We base our answer on research at the ACSI — analyzing millions of customer data points — and research that we conducted for our book, The Reign of the Customer: Customer-Centric Approaches to Improving Customer Satisfaction. For three decades, the ACSI has been a leading satisfaction index (cause-and-effect metric) connected to the quality of brands sold by companies with significant market share in the United States. Here are the top 10 areas to focus on to satisfy customers and create greater profit at lower risk: Customer Satisfaction is a Strategic Asset The American Customer Satisfaction Index defines customer satisfaction as a strategic company asset that should be optimized. Satisfaction should not be maximized but also not ignored; optimization is the key. Companies thrive by delivering on customers’ satisfaction expectations in combination with quality, value, and complaint handling. The focus should then be to manage the optimization of satisfaction relative to customer expectations and company resources used. It is important to understand this optimization of customer satisfaction since there is a complicated — and ultimately negative — relationship between satisfaction and market share. That is, while high and improving satisfaction in smaller companies drives market-share growth, maintaining high satisfaction once the market share is larger becomes more difficult. This is because with a larger market share typically comes a more heterogeneous customer base and more diverse customer behaviors, which makes delivering high satisfaction more difficult. Understand What Customers Expect What type of demands do customers have relative to their experiences with companies? Let’s start with the misnomer of sky-rocketing expectations. For the past 12 years, using ACSI data, customer expectations have been relatively steady at the macro level (across industries and companies), scoring between 79 and 82 on a 100-point scale (where 100 represents the highest expectations). Now, companies in the auto industry like BMW, Mercedes, and Toyota, seemingly always have much higher expectations than average (>90) from their customers that they have to manage. Despite the steady cross-industry expectations, the popular choice for many businesses is to aim higher and higher, and at least to “always exceed customer expectations.” Is this the future trend in customer expectations? Practically, it is a flawed argument since companies should avoid promising to “always exceed expectations,” as attempting such a strategy is not sustainable. Companies can and should delight the customer with an amazing experience but with realistic aims. Quality Performance Matters How have customers’ quality perceptions evolved (brands, products, and services)? Important in this context is what constitutes quality. Quality, as measured within the ACSI, refers to reliability and customizability, but customizability dominates reliability as a driver of satisfaction. At the macro-level, for the past 12 years quality has been residing in the 79 to 83 range on a 100-point scale (where 100 is the highest quality). For example, Quaker has impressive scores on overall quality, with BMW and Publix peaking in product and service quality, respectively. A key issue moving forward is likely to be strategies for improving satisfaction in the absence of gains in perceived quality for many companies. Contrary to what managers often think, quality trumps price. More broadly, quality also trumps value as a driver of customer satisfaction across most economic sectors and industries. Plus, we live in a “mass customization” economy, which is reflected in satisfaction being more sensitive to the personalizability than the reliability of products and services.

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Tiny Habits for Better physical Health

pattern منذ 3 سنوات 7 أشهر

Tiny Habits for Better Physical Health1. Drink a glass of water first thing in the morning. We often don’t get enough water in our systems, and get so busy throughout the day that we don’t think about stopping to replenish our supply. Or we replenish with soda or coffee or tea but not water. Trigger yourself by leaving a big glass out on the counter or table. Or do what I do, and get a big travel mug with a lid. At night, I fill it up with a lot of ice and a bit of water, and in the morning it’s waiting for me: a nice, cool cup of water. Flush the toxins, kickstart your system, wake yourself up2. Park as far away as you can from the door. Fight the effects of a sedentary lifestyle by getting more steps into your day whenever you can. In fact, simple things like a longer stroll from the car to the door might be more effective than a vigorous work-out at counteracting the effects of long hours at a desk.3. Eat raw fruit or vegetables with every meal. Think: a green side salad, a slice of melon, some berries, a few carrot sticks and cucumber slices. Not only will you get more nutrients in, you will also be getting in more fiber and potentially helping your body lose weight, retain energy, and decrease hunger.4. Stand up and stretch every hour, on the hour. Trigger yourself with a beep on your phone or watch (do people still wear those?) or computer. Sitting for extended time periods is a bad idea for both your body and your brain. You need a mental and physical break, and it doesn’t have to be a big deal. Just stop, when your on-the-hour beep sounds at you. Stand up where you are, reach over your head, take a deep breath, touch your toes, roll your shoulders.5. Carry a small bag of nuts or beef jerky everywhere you go. Something protein-rich will help stave off hunger as well as keeping you from getting to that ravenous point when you’ll eat anything in sight, no matter what the calorie count is. Getting a little more protein in your diet can help boost your metabolism and build your muscle, as well. Tiny Habits for Better Mental Health1. Ask open-ended questions. Instead of throwing out questions just so you can insert your own opinion, ask bigger, better questions. Avoid asking questions that can be answered with a simple Yes or No. Try questions that start with “What do you think about…?” and “How would you….?” or “What is your experience with…?” Then listen to the answers with the attitude that you are here to learn. Having an open perspective and initiating deeper conversations will help you to relate with others, cultivate empathy, keep your own problems in perspective, make new friends, and learn new ways of approaching life. Imagine the wisdom you would gain in five or ten years if you just have one of these conversations every week. 2. Keep a tray of art supplies out on your table/desk/shelf. Don’t force or even expect yourself to clock in a certain number of minutes or productions. Just keep them out, in reach, so that when you feel like doodling around with something artistic, it is effortless. Bonus points: switch the art medium out every week or month (pastels, crayons, watercolors, ink, clay, playdough, carving knife & wood block).3. Sit in silence for a few minutes every day. We don’t have to call this meditation, because that might be a little too intimidating. You don’t have to sit cross-legged. You don’t have to close your eyes. You don’t have to be Zen-like in anyway. Your brain can be flying a hundred miles an hour, but don’t say or do anything. Just sit, comfortably, and breathe for a few minutes. 4. Jot down everything on your mind for a few minutes at the end of the day. This is a brain dump in the easiest way possible. It’s not a big deal like a daily journal or to-do list or planner might feel. Keep a simple notebook by the bed, and give yourself a few minutes to pour out everything that’s on your mind before you go to sleep. Don’t edit. Let it all out, in any format, in any order. It doesn’t have to make sense, even to you. Studies show that this type of writing can reduce anxiety and depression. Alternative: use a voice recorder and simply talk, in unedited stream-of-consciousness style, for a few minutes into your recorder.Read more on :

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Understanding Trading Strategies

pattern منذ 3 سنوات 8 أشهر

Understanding Trading StrategiesA trading strategy includes a well-considered investing and trading plan that specifies investing objectives, risk tolerance, time horizon, and tax implications. Ideas and best practices need to be researched and adopted then adhered to. Planning for trading includes developing methods that include buying or selling stocks, bonds, ETFs, or other investments and may extend to more complex trades such as options or futures. Placing trades means working with a broker or broker-dealer and identifying and managing trading costs including spreads, commissions, and fees. Once executed, trading positions are monitored and managed, including adjusting or closing them as needed. Risk and return are measured as well as portfolio impacts of trades and tax implications. The longer-term tax results of trading are a major factor and may encompass capital gains or tax-loss harvesting strategies to offset gains with losses.Developing a Trading StrategyThere are many types of trading strategies, but they are based largely on either technicals or fundamentals. The common thread is that both rely on quantifiable information that can be backtested for accuracy. Technical trading strategies rely on technical indicators to generate trading signals. Technical traders believe all information about a given security is contained in its price and that it moves in trends. For example, a simple trading strategy may be a moving average crossover whereby a short-term moving average crosses above or below a long-term moving average. Fundamental trading strategies take fundamental factors into account. For instance, an investor may have a set of screening criteria to generate a list of opportunities. These criteria are developed by analyzing factors such as revenue growth and profitability. There is a third type of trading strategy that has gained prominence in recent times. A quantitative trading strategy is similar to technical trading in that it uses information relating to the stock to arrive at a purchase or sale decision. However, the matrix of factors that it takes into account to arrive at a purchase or sale decision is considerably larger compared to technical analysis. A quantitative trader uses several data points—regression analysis of trading ratios, technical data, price—to exploit inefficiencies in the market and conduct quick trades using technology. Special ConsiderationsTrading strategies are employed to avoid behavioral finance biases and ensure consistent results. For example, traders following rules governing when to exit a trade would be less likely to succumb to the disposition effect, which causes investors to hold on to stocks that have lost value and sell those that rise in value. Trading strategies can be stress-tested under varying market conditions to measure consistency. Profitable trading strategies are difficult to develop, however, and there is a risk of becoming over-reliant on a strategy. For instance, a trader may curve fit a trading strategy to specific backtesting data, which may engender false confidence. The strategy may have worked well in theory based on past market data, but past performance does not guarantee future success in real-time market conditions, which may vary significantly from the test period. Read more on :

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Personality tests

pattern منذ 3 سنوات 8 أشهر

Personality testsThere are two major types of personality tests, projective and objective. Projective tests assume personality is primarily unconscious and assess individuals by how they respond to an ambiguous stimulus, such as an ink blot. Projective tests have been in use for about 60 years and continue to be used today. Examples of such tests include the Rorschach test and the Thematic Apperception Test. The Rorschach Test involves showing an individual a series of note cards with ambiguous ink blots on them. The individual being tested is asked to provide interpretations of the blots on the cards by stating everything that the ink blot may resemble based on their personal interpretation. The therapist then analyzes their responses. Rules for scoring the test have been covered in manuals that cover a wide variety of characteristics such as content, originality of response, location of "perceived images" and several other factors. Using these specific scoring methods, the therapist will then attempt to relate test responses to attributes of the individual's personality and their unique characteristics.[51] The idea is that unconscious needs will come out in the person's response, e.g. an aggressive person may see images of destruction. The Thematic Apperception Test (TAT) involves presenting individuals with vague pictures/scenes and asking them to tell a story based on what they see. Common examples of these "scenes" include images that may suggest family relationships or specific situations, such as a father and son or a man and a woman in a bedroom.[52] Responses are analyzed for common themes. Responses unique to an individual are theoretically meant to indicate underlying thoughts, processes, and potentially conflicts present within the individual. Responses are believed to be directly linked to unconscious motives. There is very little empirical evidence available to support these methods.[53] Objective tests assume personality is consciously accessible and that it can be measured by self-report questionnaires. Research on psychological assessment has generally found objective tests to be more valid and reliable than projective tests. Critics have pointed to the Forer effect to suggest some of these appear to be more accurate and discriminating than they really are. Issues with these tests include false reporting because there is no way to tell if an individual is answering a question honestly or accurately. The Myers-Briggs Type Indicator (also known as the MBTI) is self-reporting questionnaire based on Carl Jung's Type theory.[54][12] However, the MBTI modified Jung's theory into their own by disregarding certain processes held in the unconscious mind and the impact these have on personality. Personality theory assessment criteriaVerifiability – the theory should be formulated in such a way that the concepts, suggestions and hypotheses involved in it are defined clearly and unambiguously, and logically related to each other.Heuristic value – to what extent the theory stimulates scientists to conduct further research.Internal consistency – the theory should be free from internal contradictions.Economy – the fewer concepts and assumptions required by the theory to explain any phenomenon, the better it is Hjelle, Larry (1992). Personality Theories: Basic Assumptions, Research, and Applications.Psychology has traditionally defined personality through its behavioral patterns, and more recently with neuroscientific studies of the brain. In recent years, some psychologists have turned to the study of inner experiences for insight into personality as well as individuality. Inner experiences are the thoughts and feelings to an immediate phenomenon. Another term used to define inner experiences is qualia. Being able to understand inner experiences assists in understanding how humans behave, act, and respond. Defining personality using inner experiences has been expanding due to the fact that solely relying on behavioral principles to explain one's character may seem incomplete. Behavioral methods allow the subject to be observed by an observer, whereas with inner experiences the subject is its own observer Methods measuring inner experienceDescriptive experience sampling (DES): Developed by psychologist Russel Hurlburt. This is an idiographic method that is used to help examine inner experiences. This method relies on an introspective technique that allows an individual's inner experiences and characteristics to be described and measured. A beep notifies the subject to record their experience at that exact moment and 24 hours later an interview is given based on all the experiences recorded. DES has been used in subjects that have been diagnosed with schizophrenia and depression. It has also been crucial to studying the inner experiences of those who have been diagnosed with common psychiatric diseases. Articulated thoughts in stimulated situations (ATSS): ATSS is a

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What Is a Retracement?

pattern منذ 3 سنوات 8 أشهر

What Is a Retracement?A retracement is a technical term used to identify a minor pullback or change in the direction of a financial instrument, such as a stock or index. Retracements are temporary in nature and do not indicate a shift in the larger trend. KEY TAKEAWAYSA retracement is a minor pullback or change in the direction of a financial instrument, such as a stock or index.The term, used by technical analysts to analyze the price of securities, refers to a short-term change in a stock's price relative to an overarching trend.Once a retracement is over, there should be a continuation of the previous trend.Retracements are not the same as reversals—with the latter, the price of the security must breach support or resistance levels.Understanding a Retracement A retracement refers to the temporary reversal of an overarching trend in a stock's price. Distinct from a reversal, retracements are short-term periods of movement against a trend, followed by a return to the previous trend. The chart below illustrates the share price of General Electric Co. It is showing that the stock is in a downtrend. However, there are points on the chart that indicate that the price is rising, which would be considered a retracement. A retracement by itself does not say much. However, when combined with other technical indicators it can help a trader identify if the current trend is likely to continue or if a significant reversal is taking hold. A retracement should be used with other technical indicators and never alone. If not used correctly, it could cause the analysis to be misguided.Retracement vs. ReversalIt is essential to determine the difference between a reversal and a short-term retracement. A retracement is not easy to identify because it can easily be mistaken for a reversal. Even worse is if a reversal is mistaken for a retracement. The chart below shows the S&P 500 during 2018 when a significant uptrend took place between April and October. There are three retracements identified on the chart, although there were a series of smaller ones as well, as the S&P 500 was rising to record highs. What is most important is that the retracements never breached the uptrend. However, in October what appeared to be a retracement became a reversal after the index did finally fall below the uptrend, leading to a sharp decline. Again, it is important to remember that a retracement is a minor or short-term pullback in the price of a stock or index. What is key is that the stock does not breach a critical level of support or resistance nor breach the uptrend or downtrend. Should the price fall below or rise above support or resistance, or violate an uptrend or downtrend, then it is no longer considered a retracement but a reversal.

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Beta and Passive Risk Management

pattern منذ 3 سنوات 9 أشهر

Beta and Passive Risk ManagementAnother risk measure oriented to behavioral tendencies is a drawdown, which refers to any period during which an asset's return is negative relative to a previous high mark. In measuring drawdown, we attempt to address three things: The magnitude of each negative period (how bad)The duration of each (how long)The frequency (how often)For example, in addition to wanting to know whether a mutual fund beat the S&P 500, we also want to know how comparatively risky it was. One measure for this is beta (known as "market risk"), based on the statistical property of covariance. A beta greater than 1 indicates more risk than the market and vice versa. Beta helps us to understand the concepts of passive and active risk. The graph below shows a time series of returns (each data point labeled "+") for a particular portfolio R(p) versus the market return R(m). The returns are cash-adjusted, so the point at which the x and y-axes intersect is the cash-equivalent return. Drawing a line of best fit through the data points allows us to quantify the passive risk (beta) and the active risk (alpha). The gradient of the line is its beta. For example, a gradient of 1.0 indicates that for every unit increase of market return, the portfolio return also increases by one unit. A money manager employing a passive management strategy can attempt to increase the portfolio return by taking on more market risk (i.e., a beta greater than 1) or alternatively decrease portfolio risk (and return) by reducing the portfolio beta below one. Alpha and Active Risk ManagementIf the level of market or systematic risk were the only influencing factor, then a portfolio's return would always be equal to the beta-adjusted market return. Of course, this is not the case: Returns vary because of a number of factors unrelated to market risk. Investment managers who follow an active strategy take on other risks to achieve excess returns over the market's performance. Active strategies include tactics that leverage stock, sector or country selection, fundamental analysis, position sizing, and technical analysis. Active managers are on the hunt for an alpha, the measure of excess return. In our diagram example above, alpha is the amount of portfolio return not explained by beta, represented as the distance between the intersection of the x and y-axes and the y-axis intercept, which can be positive or negative. In their quest for excess returns, active managers expose investors to alpha risk, the risk that the result of their bets will prove negative rather than positive. For example, a fund manager may think that the energy sector will outperform the S&P 500 and increase her portfolio's weighting in this sector. If unexpected economic developments cause energy stocks to sharply decline, the manager will likely underperform the benchmark, an example of alpha risk. The Cost of RiskIn general, the more an active fund and its managers shows themselves able to generate alpha, the higher the fees they will tend to charge investors for exposure to those higher-alpha strategies. For a purely passive vehicle like an index fund or an exchange-traded fund (ETF), you're likely to pay one to 10 basis points (bps) in annual management fees, while for a high-octane hedge fund employing complex trading strategies involving high capital commitments and transaction costs, an investor would need to pay 200 basis points in annual fees, plus give back 20% of the profits to the manager. The difference in pricing between passive and active strategies (or beta risk and alpha risk respectively) encourages many investors to try and separate these risks (e.g. to pay lower fees for the beta risk assumed and concentrate their more expensive exposures to specifically defined alpha opportunities). This is popularly known as portable alpha, the idea that the alpha component of a total return is separate from the beta component. For example, a fund manager may claim to have an active sector rotation strategy for beating the S&P 500 and show, as evidence, a track record of beating the index by 1.5% on an average annualized basis. To the investor, that 1.5% of excess return is the manager's value, the alpha, and the investor is willing to pay higher fees to obtain it. The rest of the total return, what the S&P 500 itself earned, arguably has nothing to do with the manager's unique ability. Portable alpha strategies use derivatives and other tools to refine how they obtain and pay for the alpha and beta components of their exposure.

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Self-control

pattern منذ 3 سنوات 9 أشهر

Self-control Self-control, an aspect of inhibitory control, is the ability to regulate one's emotions, thoughts, and behavior in the face of temptations and impulses.[1][2] As an executive function, it is a cognitive process that is necessary for regulating one's behavior in order to achieve specific goals.[2][3] A related concept in psychology is emotional self-regulation.[4] Self-control is thought to be like a muscle. According to studies, self-regulation, whether emotional or behavioral, was proven to be a limited resource which functions like energy.[5] In the short term, overuse of self-control will lead to depletion.[6] However, in the long term, the use of self-control can strengthen and improve over time.[2][6] Self-control is also a key concept in the general theory of crime, a major theory in criminology. The theory was developed by Michael Gottfredson and Travis Hirschi in their book titled A General Theory of Crime, published in 1990. Gottfredson and Hirschi define self-control as the differential tendency of individuals to avoid criminal acts independent of the situations in which they find themselves.[7] Individuals with low self-control tend to be impulsive, insensitive towards others, risk takers, short-sighted, and nonverbal. About 70% of the variance in questionnaire data operationalizing one construct of self-control had been found to be genetic. CounteractiveDesire is an affectively charged motivation toward a certain object, person, or activity, but not limited to, that associated with pleasure or relief from displeasure.[9] Desires vary in strength and duration. A desire becomes a temptation when it impacts or enters the individual's area of self-control, if the behavior resulting from the desire conflicts with an individual's values or other self-regulatory goals.[10][11] A limitation to research on desire is the issue of individuals desiring different things. New research looked at what people desire in real world settings. Over one week, 7,827 self-reports of desires were collected and indicated significant differences in desire frequency and strength, degree of conflict between desires and other goals, and the likelihood of resisting desire and success of the resistance. The most common and strongly experienced desires are those related to bodily needs like eating, drinking, and sleeping.[11][12] Desires that conflict with overarching goals or values are known as temptations.[11][10] Self-control dilemmas occur when long-term goals and values clash with short-term temptations. Counteractive Self-Control Theory states that when presented with such a dilemma, we lessen the significance of the instant rewards while momentarily increasing the importance of our overall values. When asked to rate the perceived appeal of different snacks before making a decision, people valued health bars over chocolate bars. However, when asked to do the rankings after having chosen a snack, there was no significant difference of appeal. Further, when college students completed a questionnaire prior to their course registration deadline, they ranked leisure activities as less important and enjoyable than when they filled out the survey after the deadline passed. The stronger and more available the temptation is, the harsher the devaluation will be.[13][14] One of the most common self-control dilemmas involves the desire for unhealthy or unneeded food consumption versus the desire to maintain long-term health. An indication of unneeded food could also be over expenditure on certain types of consumption such as eating away from home. Not knowing how much to spend, or overspending one's budget on eating out can be a symptom of a lack of self control.[15] Experiment participants rated a new snack as significantly less healthy when it was described as very tasty compared to when they heard it was just slightly tasty. Without knowing anything else about a food, the mere suggestion of good taste triggers counteractive self-control and prompted them to devalue the temptation in the name of health. Further, when presented with the strong temptation of one large bowl of chips, participants both perceived the chips to be higher in calories and ate less of them than did participants who faced the weak temptation of three smaller chip bowls, even though both conditions represented the same amount of chips overall. Weak temptations are falsely perceived to be less unhealthy, so self-control is not triggered and desirable actions are more often engaged in, supporting the counteractive self-control theory.[16] Weak temptations present more of a challenge to overcome than strong temptations, because they appear less likely to compromise long-term values.[13][14]SatiationThe decrease in an individual's liking of and desire for a substance following repeated consumption of that substance is known as satiation. Satiation rates when eating depend on interactions of trait self-control and healthiness of the food.

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The 10 Essential Fundamentals for Both Car Enthusiasts and Investors

pattern منذ 3 سنوات 10 أشهر

The 10 Essential Fundamentals for Both Car Enthusiasts and InvestorsTo make a broad generalization, European cars lust after curvy roads. American cars are more about the power, rumble and straight line 0 – 60 speed. There are key parallels between investors and car buffs, but clearly there exist cars for every possible taste, just as there are limitless options of investment methodologies for every investor. Having said that, there are essential commonalities amongst all car enthusiasts and all successful investors without which disequilibrium inevitably results.The famous Hollywood director Orson Welles was so captivating that it is said he could hold an entire audience in his hand by simply reciting a grocery list. It’s no secret that I’m captivated myself by the power of lists. I’m a “listaholic” of sorts because concise clusters of pithy ideas are relatively easy for me to memorize. When I discover a worthy list, I find that transitioning items from memory and integrating them into my trading methodology simply requires regular practice until they eventually become second nature and part of my trading intuition – which was the objective all along. So how do I best lubricate the transition from memorizing these pithy ideas and effectively folding them into my daily trading intuition? I’m a car guy, so that’s easy. I use automotive metaphors. 1. SAFETY FIRST: You wouldn’t buy a car without airbags. As an investor, first take care of protecting your assets with insurance, estate planning, tax strategies and the like before you trade equities. After you begin trading, you should once again put safety first by utilizing proven money management skills and stops.2. SERVICE & SUPPORT: I wouldn’t buy a Saab today because the maintenance and support are fading. Despite what some may believe, investing is not a solo gig. You should have the moral support of your family and the intellectual support of your trading circle. A supportive network increases the probability of success whether you are talking trucks or trades.3. HONESTY: If you’re 6’5” tall and believe a Miata sports car is the car for you, you’re delusional. As an investor, if you can’t be honest with yourself, you’ll be blind to your weaknesses and investing will be a brief negative passage along the highway of life.4. YOUR VISION: You have four teenage kids, you’re working two jobs and you put down a deposit for a new Corvette. Anything wrong with this vision? Think mini-van or SUV. Similarly, investors must do an inventory of their circumstances as well and personalize their trading vision to fit the trading time frame that matches their situation. Ask yourself these kinds of questions: Which markets will I trade? How am I planning to trade? How long do I plan to hold positions? Treat investing like a business.5. توصيات العملات 6. CONFIGURE YOUR METHODOLOGY: I used to have a Mini Cooper S. They claim that with the number of options they offer, it’s possible to configure over a million different Minis. Investors, too, are offered a smorgasbord that’s much larger in scope, and because of it, they have the power to thoroughly overcomplicate their trading methodology. If it were a car, it would never even start! Focus on clarity and simplicity and you will build a profitable trading system.7. SET GOALS: Dream big and motivate yourself. I was inspired to work especially hard last year because I wanted to buy a Porsche. We all have different hot buttons. I stayed engaged emotionally, mentally and physically in the markets, motivated in large part by that goal. True, some days were just work but I know “from whence my passion springs!”8. 9. NEGOTIATION & EXECUTION: Here’s the hard part. It’s where the pedal meets the metal, where the rubber meets the road. Can you pull the trigger and do the trade? If you don’t have an action-oriented ability to execute your trades (or your dreams), investing should be farmed out to the professionals.10.READ THE MANUAL: These days, one can’t truly enjoy and experience the full potential of a Porsche or a BMW without reading the manual. (Sorry, guys!) Whether you are a car enthusiast or an investor, you must be capable of embracing this new reality. I used to drive a 1971 Volkswagen Beetle. No manual required. Today, investors must continually embrace change, take classes, find mentors, and participate in seminars. In other words, read the manual. You won’t figure out “launch control” without it!11. DISCIPLINE & SELF MOTIVATION: Racing school will shock and awe you as to the capabilities of your modern car. To achieve self-mastery on the road or within your brokerage account, you’ll need practice. Consistently applying yourself and pushing from within the framework of high performance routines will result in the stock market mastery you seek. If you maintain your passion for the stock market, your own capabilities over time will awaken that same sense of shock and awe.12. DETERMINATION: Cars get tired. Investors get tired, too. Just try not changing the oil in a car for 30,000 miles or ignoring that red light on the dashboard! Traders will have tough days and tough weeks. They’ll have 3-4-5 losses in a row. But then you change the oil, get a tune-up, do whatever you need to do to get re-energized and believe in yourself and your methodology again.13. Investing requires determination and faith, as well as all of the nine preceding fundamentals.

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The 4 crucial Beliefs of Successful Investors

pattern منذ 3 سنوات 10 أشهر

The 4 Crucial Beliefs Of Successful InvestorsIf you don’t believe in yourself as an investor and have absolute faith in your methodology, trading the markets will be like trying to nail Jello to the wall. We use to joke that my high school buddy, Brian Maxwell, was a force of nature – so much so that the weather would follow him wherever he went. In truth, it was his beliefs that fueled his behavior. Brian was a world-class marathon runner. When he created PowerBar, he believed beyond the shadow of a doubt that its formulation would allow him to break through the inevitable 21-mile wall that all runners hit in a marathon race. His absolute belief in his PowerBar formulation allowed him to aggressively run to 21 miles knowing he would blast through “the wall”. The faith he had in his methodology facilitated his near-evangelical zeal as he pedaled PowerBars out of his van at numerous race events. His beliefs resulted in the building of a 300-person company that he eventually sold to Nestle for $375 million.Ask yourself this: what do you believe?Similar to my friend Brian, I know that my beliefs in four crucial areas determine how my trading profits will stack up at the end of the year. These are the four “touchstones” I ask myself each week:Do I still believe 100% in the methodology I have written down in my trading plan?Do I believe I still have the ability to control my emotions and produce the appropriate behavior necessary to trade the market?Is my faith in my tools and indicators still unwavering such that I can confidently risk my capital based on their readings?Do I still believe in the “law of probabilities” and that by consistently executing my system, I’ll earn a profit?In embracing these four beliefs, I see myself as part trapeze artist and part quarterback. As a trapeze artist, I am able to let go of the bar trusting that a partner will be there to catch me; as quarterback, I throw the ball to X believing that the receiver will be where he should be. My beliefs become my trading partners.In my experience, it’s been uncanny how my beliefs and my ability to envision certain outcomes – both athletically and professionally – have contributed to events becoming reality. Bottomline: As an investor, you must be intimately in tune with your beliefs at all times and be aware of those symptoms that might suggest your beliefs are drifting off course. Understanding your own beliefs about investing will empower you to produce consistent profits in a manner no other personal attribute can do.In his Market Wizards books, Jack Swagger interviews an outstanding collection of renowned investors, traders and money managers. The single most common thread that each mentions as being a major contributor to their success is their money management skills. The challenge is to understand what they mean by money management. The internet is full of definitions, ranging from simplistically useless to overly complex and potentially harmful. In past years, I’ve surveyed my classes for their personal definitions. On two separate occasions a decade apart, we constructed in class definitions that I believe accurately capture what these market wizards meant when they attributed their success to their money management skills. What both groups of the investors I surveyed agreed upon was the notion that money management is a process. In its most basic form, it involves setting goals, getting organized and executing a written investing plan. Both groups also agreed that money management is very personal and individualistic in nature. It will change over time as the investor’s needs shift, but honesty and candor are essential ongoing ingredients in any effective written money management plan.My first investor group formulated a money management process consisting of 8 issues constructed as questions that challenged each individual investor to answer in writing in a manner most appropriate for him or herself.How do you get your money? What are the sources of your cash flow and are they dependable or variable?How do you feel about money? Did you inherit your wealth and see money management as a burden or part of your lifestyle? What is your tolerance for risk?Where do you move your money? What percentage of your assets are you comfortable placing in various asset baskets? Do you see yourself as an investor, a trader or a watcher?How do you move your money? What are your investment analysis routines and which trading methodology do you employ?Why do you move your money? How will you decide it’s time to invest?How do you protect your money? What sell disciplines do you have in place? Have you adequately insured yourself and your family to protect all your assets?How do you spend your money? What are your lifestyle priorities? How much money will you invest, spend and distribute?When will you spend your money?

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Habits exist to save our brains effort

pattern منذ 3 سنوات 11 أشهر

Habits exist to save our brains effort“Habits, scientists say, emerge because the brain is constantly looking for ways to save effort. Left to its own devices, the brain will try to make almost any routine into a habit, because habits allow our minds to ramp down more often.”Biologically, we form habits to save energy, so anything we do regularly will become a habit.Cue, routine, reward“This is how new habits are created: by putting together a cue, a routine, and a reward, and then cultivating a craving that drives the loop.”“Cravings are what drive habits. And figuring out how to spark a craving makes creating a new habit easier.”Habits are a simple action loop that consists of a cue, a routine, and a reward. For example, waking up in the morning might be the cue that drives the routine of brushing our teeth, which yields the reward of having a clean and refreshed feeling in our mouth. The habit loop is driven by cravings. For instance, we might crave the feeling a clean and refreshed mouth, which will lead us to go through the routine of brushing our teeth when we get the cue of waking up. To understand and change our existing habits, in addition to creating new ones, it’s essential we understand the cue, routine, reward habit loop.The Golden Rule“The Golden Rule of Habit Change: You can’t extinguish a bad habit, you can only change it.”Habits are hard-wired into our brains. So while it would be nice to be able to erase this hard-wiring, it’s not possible. So we have to be intentional about changing our bad habits into good ones, rather than focusing on eliminating the bad ones from our system.How to change habits“Rather, to change a habit, you must keep the old cue, and deliver the old reward, but insert a new routine. That’s the rule: If you use the same cue, and provide the same reward, you can shift the routine and change the habit. Almost any behavior can be transformed if the cue and reward stay the same.”“However, to modify a habit, you must decide to change it. You must consciously accept the hard work of identifying the cues and rewards that drive the habits’ routines, and find alternatives. You must know you have control and be self-conscious enough to use it”If we want to change our habits, we should keep the cue and reward the same, but change the routine. For example, imagine that we smoke a cigarette every time we drink coffee in the morning. The coffee is the cue, smoking a cigarette is the routine, and the high we get from the cigarette is the reward. To change this behavior, we need to first consciously choose to do so and then identify the cues and rewards around the routine we would like to change. For instance, we can replace the smoking a cigarette routine with something else when we drink our morning coffee. We might, for example, do a short exercise routine after we drink our coffee that releases endorphins and gives us a high that feels as good as the high from cigarettes. Keystone habits“…some habits have the power to start a chain reaction, changing other habits as they move through an organization. Some habits, in other words, matter more than others in remaking businesses and lives.”“Keystone habits transform us by creating cultures that make clear the values that, in the heat of a difficult decision or a moment of uncertainty, we might otherwise forget.”Keystone habits are habits that have the power to change habits in other areas of our lives. For instance, exercise is a keystone habit. When we start exercising regularly, we often start doing other healthy behaviors naturally. If you get done with a good workout, instead of grabbing the usual cheeseburger and french fries, we’re more likely to grab a healthier snack, such as a protein shake.We also are more likely to get better sleep and feel happier due to the endorphins that are released from exercise. Collectively, these changes will likely make us more successful in our personal and professional lives. If you want to improve your life, identifying keystone habits that move you in the direction you want to go is a great way to do so.The importance of agency“When people are asked to do something that takes self-control, if they think they are doing it for personal reasons—if they feel like it’s a choice or something they enjoy because it helps someone else—it’s much less taxing. If they feel like they have no autonomy, if they’re just following orders, their willpower muscles get tired much faster.”“Simply giving employees a sense of agency—a feeling that they are in control, that they have genuine decision-making authority—can radically increase how much energy and focus they bring to their jobs.”If we need to do something that requires self-control, our sense of agency has an important role in how taxing that activity is on our brains. For activities we feel that we have chosen, it requires less willpower to accomplish the activityRead signals on

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Understanding Fear

pattern منذ 3 سنوات 11 أشهر

Understanding FearWhen traders get bad news about a certain stock or about the economy in general, they naturally get scared. They may overreact and feel compelled to liquidate their holdings and sit on the cash, refraining from taking any more risks. If they do, they may avoid certain losses but may also miss out on some gains.Traders need to understand what fear is: a natural reaction to a perceived threat. In this case, it's a threat to their profit potential.Quantifying the fear might help. Traders should consider just what they are afraid of, and why they are afraid of it. But that thinking should occur before the bad news, not in the middle of it. Fear and greed are the two visceral emotions to keep in control.By thinking it through ahead of time, traders will know how they perceive events instinctively and react to them, and can move past the emotional response. Of course, this is not easy, but it's necessary to the health of an investor's portfolio, not to mention the investor.Overcoming GreedThere's an old saying on Wall Street that "pigs get slaughtered." This refers to the habit greedy investors have of hanging on to a winning position too long to get every last tick upward in price. Sooner or later, the trend reverses and the greedy get caught.Greed is not easy to overcome. It's often based on the instinct to do better, to get just a little more. A trader should learn to recognize this instinct and develop a trading plan based on rational thinking, not whims or instincts. Setting RulesA trader needs to create rules and follow them when the psychological crunch comes. Set out guidelines based on your risk-reward tolerance for when to enter a trade and when to exit it. Set a profit target and put a stop loss in place to take emotion out of the process.In addition, you might decide which specific events, such as a positive or negative earnings release, should trigger a decision to buy or sell a stock.It's wise to set limits on the maximum amount you are willing to win or lose in a day. If you hit the profit target, take the money and run. If your losses hit a predetermined number, fold up your tent and go home. Snap DecisionsTraders often have to think fast and make quick decisions, darting in and out of stocks on short notice. To accomplish this, they need a certain presence of mind. They also need the discipline to stick with their own trading plans and know when to book profits and losses. Emotions simply can't get in the way.

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Chart Patterns

pattern منذ 4 سنوات 3 أسابيع

chart patternsThere are hundreds of thousands of market participants buying and selling securities for a wide variety of reasons: hope of gain, fear of loss, tax consequences, short-covering, hedging, stop-loss triggers, price target triggers, fundamental analysis, technical analysis, broker recommendations and a few dozen more. Trying to figure out why participants are buying and selling can be a daunting process. Chart patterns put all buying and selling into perspective by consolidating the forces of supply and demand into a concise picture. As a complete pictorial record of all trading, chart patterns provide a framework to analyze the battle raging between bulls and bears. More importantly, chart patterns and technical analysis can help determine who is winning the battle, allowing traders and investors to position themselves accordingly. In many ways, chart patterns are simply more complex versions of trend lines. It is important that you read and understand our articles on Support and Resistance as well as Trend Lines before you continue. Chart pattern analysis can be used to make short-term or long-term forecasts. The data can be intraday, daily, weekly or monthly and the patterns can be as short as one day or as long as many years. Gaps and outside reversals may form in one trading session, while broadening tops and dormant bottoms may require many months to form. An Oldie but GoodieMuch of our understanding of chart patterns can be attributed to the work of Richard Schabacker. His 1932 classic, Technical Analysis and Stock Market Profits, laid the foundations for modern pattern analysis. In Technical Analysis of Stock Trends (1948), Edwards and Magee credit Schabacker for most of the concepts put forth in the first part of their book. We would also like to acknowledge Messrs. Schabacker, Edwards and Magee, and John Murphy as the driving forces behind these articles and our understanding of chart patterns. Pattern analysis may seem straightforward, but it is by no means an easy task. Schabacker states: The science of chart reading, however, is not as easy as the mere memorizing of certain patterns and pictures and recalling what they generally forecast. Any general stock chart is a combination of countless different patterns and its accurate analysis depends upon constant study, long experience and knowledge of all the fine points, both technical and fundamental, and, above all, the ability to weigh opposing indications against each other, to appraise the entire picture in the light of its most minute and composite details as well as in the recognition of any certain and memorized formula.Even though Schabacker refers to “the science of chart reading”, technical analysis can at times be less science and more art. In addition, pattern recognition can be open to interpretation, which can be subject to personal biases. To defend against biases and confirm pattern interpretations, other aspects of technical analysis should be employed to verify or refute the conclusions drawn. While many patterns may seem similar in nature, no two patterns are exactly alike. False breakouts, bogus reads, and exceptions to the rule are all part of the ongoing education. Careful and constant study are required for successful chart analysis. On the AMZN chart above, the stock broke resistance from a head and shoulders reversal. While the trend is now bearish, analysis must continue to confirm the bearish trend. Some analysts might have labeled this Novellus (NVLS) chart as a head and shoulders pattern with neckline support around 17.50. Whether or not this is robust remains open to debate. Even though the stock broke neckline support at 17.50, it repeatedly moved back above its support break. This refusal might have been taken as a sign of strength and justified a reassessment of the pattern.Continuation Patterns vs. Reversal Patterns Two basic tenets of technical analysis are that prices trend and that history repeats itself. An uptrend indicates that the forces of demand (bulls) are in control, while a downtrend indicates that the forces of supply (bears) are in control. However, prices do not trend forever and as the balance of power shifts, a chart pattern begins to emerge. Certain patterns, such as a parallel channel, denote a strong trend. However, the vast majority of chart patterns fall into two main groups: reversal and continuation. Reversal patterns indicate a change of trend and can be broken down into top and bottom formations. Read more on

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Cognitive psychology

pattern منذ 4 سنوات 1 شهر

Cognitive psychology Cognitive psychology involves the study of mental processes, including perception, attention, language comprehension and production, memory, and problem solving.[87] Researchers in the field of cognitive psychology are sometimes called cognitivists. They rely on an information processing model of mental functioning. Cognitivist research is informed by functionalism and experimental psychology. Baddeley's model of working memory Starting in the 1950s, the experimental techniques developed by Wundt, James, Ebbinghaus, and others re-emerged as experimental psychology became increasingly cognitivist and, eventually, constituted a part of the wider, interdisciplinary cognitive science.[88][89] Some called this development the cognitive revolution because it rejected the anti-mentalist dogma of behaviorism as well as the strictures of psychoanalysis. gold signals Albert Bandura helped along the transition in psychology from behaviorism to cognitive psychology. Bandura and other social learning theorists advanced the idea of vicarious learning. In other words, they advanced the view that a child can learn by observing his or her social environment and not necessarily from having been reinforced for enacting a behavior, although they did not rule out the influence of reinforcement on learning a behavior.[90] The Müller–Lyer illusion. Psychologists make inferences about mental processes from shared phenomena such as optical illusions. Technological advances also renewed interest in mental states and mental representations. English neuroscientist Charles Sherrington and Canadian psychologist Donald O. Hebb used experimental methods to link psychological phenomena to the structure and function of the brain. The rise of computer science, cybernetics, and artificial intelligence underlined the value of comparing information processing in humans and machines. A popular and representative topic in this area is cognitive bias, or irrational thought. Psychologists (and economists) have classified and described a sizeable catalogue of biases which recur frequently in human thought. The availability heuristic, for example, is the tendency to overestimate the importance of something which happens to come readily to mind. Forex trading Signals Elements of behaviorism and cognitive psychology were synthesized to form cognitive behavioral therapy, a form of psychotherapy modified from techniques developed by American psychologist Albert Ellis and American psychiatrist Aaron T. Beck. On a broader level, cognitive science is an interdisciplinary enterprise involving cognitive psychologists, cognitive neuroscientists, linguists, and researchers in artificial intelligence, human–computer interaction, and computational neuroscience. The discipline of cognitive science covers cognitive psychology as well as philosophy of mind, computer science, and neuroscience.[92] Computer simulations are sometimes used to model phenomena of interest. Social psychology is concerned with how behaviors, thoughts, feelings, and the social environment influence human interactions.[93] Social psychologists study such topics as the influence of others on an individual's behavior (e.g. conformity, persuasion) and the formation of beliefs, attitudes, and stereotypes about other people. Social cognition fuses elements of social and cognitive psychology for the purpose of understanding how people process, remember, or distort social information. The study of group dynamics involves research on the nature of leadership, organizational communication, and related phenomena. In recent years, social psychologists have become interested in implicit measures, mediational models, and the interaction of person and social factors in accounting for behavior. Some concepts that sociologists have applied to the study of psychiatric disorders, concepts such as the social role, sick role, social class, life events, culture, migration, and total institution, have influenced social psychologists. Biological Main article: Cognitive neuroscience stock signals False-color representations of cerebral fiber pathways affected, per Van Horn et al.[V]: 3 Psychologists generally consider biology the substrate of thought and feeling, and therefore an important area of study. Behaviorial neuroscience, also known as biological psychology, involves the application of biological principles to the study of physiological and genetic mechanisms underlying behavior in humans and other animals. The allied field of comparative psychology is the scientific study of the behavior and mental processes of non-human animals.[66] A leading question in behavioral neuroscience has been whether and how mental functions are localized in the brain. From Phineas Gage to H.M. and Clive Wearing, individual people with mental deficits traceable to physical brain damage have inspired new discoveries in this area.[67] Modern behavioral neuroscience could be said to originate in the 1870s, when in France Paul Broca traced production of speech to the left frontal gyrus, thereby also demonstrating hemispheric lateralization of brain function. Soon after, Carl Wernicke identified a related area necessary for the understanding of speech. The contemporary field of behavioral neuroscience focuses on the physical basis of behavior. Behaviorial neuroscientists use animal models, often relying on rats, to study the neural, genetic, and cellular mechanisms that underlie behaviors involved in learning, memory, and fear responses.[69] Cognitive neuroscientists, by using neural imaging tools, investigate the neural correlates of psychological processes in humans. Neuropsychologists conduct psychological assessments to determine how an individual's behavior and cognition are related to the brain. The biopsychosocial model is a cross-disciplinary, holistic model that concerns the ways in which interrelationships of biological, psychological, and socio-environmental factors affect health and behavior.[70] Evolutionary psychology approaches thought and behavior from a modern evolutionary perspective. This perspective suggests that psychological adaptations evolved to solve recurrent problems in human ancestral environments. Evolutionary psychologists attempt to find out how human psychological traits are evolved adaptations, the results of natural selection or sexual selection over the course of human evolution.[71] The history of the biological foundations of psychology includes evidence of racism. The idea of white supremacy and indeed the modern concept of race itself arose during the process of world conquest by Europeans.[72] Carl von Linnaeus's four-fold classification of humans classifies Europeans as intelligent and severe, Americans as contented and free, Asians as ritualistic, and Africans as lazy and capricious. Race was also used to justify the construction of socially specific mental disorders such as drapetomania and dysaesthesia aethiopica—the behavior of uncooperative African slaves.[73] After the creation of experimental psychology, "ethnical psychology" emerged as a subdiscipline, based on the assumption that studying primitive races would provide an important link between animal behavior and the psychology of more evolved humans. Find trading signals on www.gold-pattern.com/en

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House Money Effect

pattern منذ 4 سنوات 2 أشهر

House Money Effect Richard H. Thaler and Eric J. Johnson of the Cornell University Johnson Graduate School of Management first defined the “house money effect,” borrowing the term from casinos.1 The term makes reference to a gambler who takes winnings from previous bets and uses some or all of them in subsequent bets. The house money effect suggests, for example, that individuals tend to buy higher-risk stocks or other assets after profitable trades. For example, after earning a short-term profit from a stock with a beta of 1.5, it’s not uncommon for an investor to next trade a stock with a beta of 2 or more. This is because the recent successful outcome in trading the first stock with above-average risk temporarily increases the investor’s risk tolerance. Thus, this investor next seeks even more risk. Windfall trades may also bring on the house money effect. Say an investor more than doubles their profit on a longer-term trade held for four months. Instead of next taking on a less-risky trade or cashing out some proceeds to preserve the profit, the house money effect suggests they may next take on another risky trade, not fearing a drawdown as long as some of the original gains are preserved. Longer-Term Investors and the House Money Effect stock signals Longer-term investors sometimes suffer a similar fate. Say an investor in a growth-oriented mutual fund earns more than 30% in a year’s time, largely driven by very strong market conditions. Keep in mind, the average stock gain tends to be roughly 6% to 8% a year. Now, say this investor leaves the growth-oriented fund at year’s end to next invest in an aggressive long-short hedge fund. This may be an example of the house money effect temporarily increasing the investor’s risk tolerance. For longer-term investors, one of two courses of action tends to be preferable to the house money effect: Either staying the course and maintaining a steady risk tolerance, or becoming slightly more conservative after big windfalls. Of note, the house money effect also carries over to company stock options. In the dot-com boom, some employees refused to exercise their stock options over time, believing it was better to keep them and let them triple, then triple again. This strategy significantly stung workers in 2000, when some paper millionaires lost it all. The House Money Effect vs. Letting Winners Ride stock signals A technical analyst tends to draw a distinction between the house money effect and the concept of “letting winners ride.” On the contrary, one way technical traders manage risk is by cashing out half the value of a trade after meeting an initial price target. Then, technical traders tend to move up their stop before giving the second half of the trade a chance to meet a secondary price target. Many technical traders utilize some version of this practice, in an effort to continue to profit from the minority of trades that continue to move up and up, which still holds to the spirit of letting winners ride while not falling victim to the house money effect. The difference between these two concepts is actually one of calculation. Letting winners ride in a mathematically calculated position-size strategy is an excellent way of compounding gains. Some traders have, in the past, documented how such strategies were instrumental in their success. What Is Meant by Risk Tolerance? best signals Risk tolerance refers to the amount of risk an individual is willing to take when trading or investing. An individual with a high-risk tolerance is comfortable taking higher risks. They will invest in assets or strategies that come with a high risk of loss but also a higher risk of return. Individuals with a low-risk tolerance are the opposite. They do not want to risk losing money and, therefore, choose investments that are low-risk. In general, younger people have a higher risk tolerance as they have their entire life to earn money or recuperate from losses. Older individuals, such as those in retirement, do not have a high-risk tolerance, as they are focused on preserving their money. Is Volatility Good for Trading? Forex trading Signals Yes, volatility is considered good for trading. When markets are volatile, it means there are larger price swings, which is a good opportunity to make profits that are above average. However, on the flip side, increased volatility also means that the chances for losses are higher as well. And those losses would also be amplified due to larger than normal price movements. In essence, volatility allows for trading opportunities. Read more on www.gold-pattern.com/en

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Speed Resistance Lines

pattern منذ 4 سنوات 3 أشهر

Speed Resistance Lines Speed Resistance Lines divide the trend into three sectors, or thirds. This is similar to Fibonacci retracements, which are based on 38.2% and 61.8%. In addition, Dow Theory suggests that securities retrace 1/3 to 2/3 of an advance or decline with a corrective move. Applying Speed Resistance Lines after an advance or decline provides chartists an immediate idea of where to expect support or resistance. These Speedlines can be maintained as is or repositioned as an advance or decline extends with new highs or lows. Repositioning after a higher high or lower low will widen the Speed Resistance Lines. This means potential support or resistance levels will be further away. As with all indicators and line studies, Speed Resistance Lines should be used in conjunction with other aspects of technical analysis. They are not designed as stand-alone indicators. stock signals Developed by Edson Gould, Speed Resistance Lines, sometimes referred to as Speedlines, are trend lines based on 1/3 and 2/3 retracements. Gould was a prominent market technician who became quite famous for his market calls in the 60s and 70s. Gould appeared on Wall Street Week a few times and was often quoted in Barron's. Speed Resistance Lines are not drawn like traditional trend lines, which are based on peaks and troughs. Instead, the first line extends from the low to the high in an uptrend or from the high to the low in a downtrend. This first Speedline sometimes cuts right through prices. Subsequent lines are then placed at 1/3 and 2/3 intervals to estimate potential support or resistance levels. IC Markets Speed Resistance Lines work the same as ordinary trend lines. They can be used to estimate support or resistance levels and to define the trend. In an uptrend, Speed Resistance Lines mark two potential support levels to watch. A break below the middle line targets a move towards the upper line. A break below the lower line indicates enough weakness to consider a trend reversal. Once broken, the line extensions can then mark resistance, just as ordinary trend lines do. In a downtrend, Speed Resistance Lines mark two potential resistance levels to watch. A break above the middle line shows strength that targets a move to the upper line. A break above the upper line indicates a trend reversal. Once broken, these Speedlines can then turn into support on a pullback. Repositioning and best signals Speed Resistance Lines can be repositioned as a security extends its trend with lower lows or lower highs. In the Electronic Arts example below, the first Speedlines were based on the June high and September low. ERTS forged new lows in December and again in February as the downtrend extended. The first set of Speedlines are blue, while the second set are pink. Forex trading Signals Speedlines for the December low were skipped to keep the chart relatively clean. Notice how the Speedlines widened as the stock forged lower lows. This is because the length of the move from high to low grew larger - as did the 1/3 and 2/3 retracements. The repositioned Speed Resistance Lines (pink) were based on the June high and February low. Even though the stock broke above its January high, the upper Speedline extension marked resistance in April. Best Signals Read more on www.gold-pattern.com/en www.gold-pattern.com/en/best-signals www.gold-pattern.com/en/gold-signals.html www.gold-pattern.com/en/forex-signals.html www.gold-pattern.com/en/stock-signals

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Best Signals

pattern منذ 4 سنوات 4 أشهر

Best Signals to get the Best Signals you should focus on the best instruments in financial markets because technical analysis of financial markets work better on high volume instruments gold XAUUSD is the best instrument to trade or invest long term is the best term to trade or invest compare with short term also to get the Best Signals you should use the best analysis tools for you and for me the price pattern is the best analysis tool The best pairs to trade are gold, silver, EURUSD and GBPUSD The best price pattern is the ZIGZAG (measured move) The Best Signal generates from Riding Wave C in a Zigzag gold signals The best signal must include Entry point Tp = Take profit Sl = Stop loss Risk –reward per signal Expected reward (profit) twice the expected loss now it is clear why Gold Pattern is the best gold forex trading signals provider ? Subscribe to paid forex signals or Special offer: get gold and Forex signals via SMS, EMAIL and WhatsApp for FREE www.gold-pattern.com/en/free-forex-signals-SMS The best Risk to reward Risk-Reward Ratio is a ratio used to compare expected returns against the amount of risk taken. 2:1 risk-reward ratio isdesirable. It’s actually a reward-risk ratio. Best Signals The best Trade Size: position The risk on a single trade should never exceed 3 percent of the total portfolio size. Read more on www.gold-pattern.com/en www.gold-pattern.com/en/best-signals www.gold-pattern.com/en/paid-forex-signals www.gold-pattern.com/en/gold-signals.html www.gold-pattern.com/en/forex-signals.html

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Risk Management Considerations

pattern منذ 4 سنوات 4 أشهر

Risk Management Considerations One question often asked is how much capital should one risk on each individual position? Using a fundamental asset allocation approach, one would diversify across multiple asset classes based on individual timeframes and risk tolerance. After deciding on an appropriate asset mix, the portfolio would remain fully invested throughout the determined time period, without regard to changing market conditions. Using this passive strategy, the portfolio would be allowed to simply “ride out” the corrections in the market and hopefully regain any losses during market advances. For actively managed portfolios, many methods are available for determining individual position size. These include comprehensive methods such as the Kelly criterion (or Optimal f) and the Risk of Ruin Formula, or a simple rule of thumb like not risking more than 2% of the entire portfolio on any one position. For example, if you have a $250,000 portfolio, no more than $5,000 should be invested in any one security under the 2% max position size rule. xauusd signal Exchange Traded Funds (ETFs) are another great tool for investors who wish to actively manage their investment portfolios. ETFs can be traded like individual securities, however, they contain a basket of securities which provides diversification within the ETF. When choosing ETFs, due diligence is required by the investor, since some ETFs are well diversified and others can be highly concentrated in a few positions. Also, some ETFs carry other risks such as leverage and tracking error. Forex trading Signals One last consideration on risk is deciding how much of the portfolio should be actively traded and how much should simply be allocated to passive, long-term investments. This is why developing a rules-based trading system and maintaining a trading journal to track your performance are essential components of active trading or investing. If you are just starting out, you should only trade the amount of your portfolio that you are willing and able to lose. Once you gain confidence as a trader and can quantify your abilities with a bona fide track record, you may begin to manage an increasingly larger segment of the portfolio. xauusd forecast One of the most difficult aspects of trading is managing your emotions and objectively critiquing your own trading abilities. If you cannot consistently outperform a buy and hold strategy, then actively managing a larger portion of your portfolio is probably not a good idea. If you do not enjoy trading and cannot separate your emotions from your trading, then it may make more sense to let a professional manage your investments or invest passively using mutual funds or ETFs. Being honest with yourself will also help you develop a trading strategy that fits your personality. Each individual trader or investor is different and while one style of trading may be appropriate for one person, it may not be appropriate for another. A key component to developing a strategy is that it should be easy for the trader to conceptualize and follow the trading plan. Most of all, it needs to be enjoyable for the trader and not be in conflict with his or her core values. Read more on www.gold-pattern.com/en www.gold-pattern.com/en/paid-forex-signals www.gold-pattern.com/en/forex-signals.html www.gold-pattern.com/en/gold-signals.html www.gold-pattern.com/en/gold-forecast-prediction www.gold-pattern.com/currency-signals.html www.gold-pattern.com/gold-signals.html

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Ichimoku

pattern منذ 4 سنوات 5 أشهر

Ichimoku The Ichimoku Cloud is a comprehensive indicator designed to produce clear signals. Chartists can first determine the trend by using the cloud. Once the trend is established, appropriate signals can be determined using the price plot, Conversion Line, and Base Line. The classic signal is to look for the Conversion Line to cross the Base Line. While this signal can be effective, it can also be rare in a strong trend. More signals can be found by looking for price to cross the Base Line (or even the Conversion Line). It is important to look for signals in the direction of the bigger trend. With the cloud offering support in an uptrend, traders should also be on alert for bullish signals when prices approach the cloud on a pullback or consolidation. Conversely, in a bigger downtrend, traders should be on alert for bearish signals when prices approach the cloud on an oversold bounce or consolidation. Forex trading Signals The Ichimoku Cloud can also be used in conjunction with other indicators. Traders can identify the trend using the cloud and then use classic momentum oscillators to identify overbought or oversold conditions. Identifying the Trend The cloud (Kumo) is the most prominent feature of the Ichimoku Cloud plots, and is often used to identify the overall trend. The Leading Span A (green) and Leading Span B (red) form the cloud. The Leading Span A is the average of the Conversion Line and the Base Line. Because the Conversion Line and Base Line are calculated with 9 and 26 periods, respectively, the green cloud boundary moves faster than the red cloud boundary, which is the average of the 52-day high and the 52-day low. It is the same principle with moving averages. Shorter moving averages are more sensitive and faster than longer moving averages. Gold Forecast There are two ways to identify the overall trend using the cloud. First, the trend is up when prices are above the cloud, down when prices are below the cloud and flat when prices are in the cloud. Second, the uptrend is strengthened when the Leading Span A (green cloud line) is rising and above the Leading Span B (red cloud line). This situation produces a green cloud. Conversely, a downtrend is reinforced when the Leading Span A (green cloud line) is falling and below the Leading Span B (red cloud line). This situation produces a red cloud. Because the cloud is shifted forward 26 days, it also provides a glimpse of future support or resistance. paid signals Chart 2 shows IBM with a focus on the uptrend and the cloud. First, notice that IBM was in an uptrend from June to January as it traded above the cloud. Second, notice how the cloud offered support in July, early October, and early November. Third, notice how the cloud provides a glimpse of future resistance. Remember, the entire cloud is shifted forward 26 days. This means it is plotted 26 days ahead of the last price point to indicate future support or resistance.

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Double Top Reversal

pattern منذ 4 سنوات 5 أشهر

Double Top Reversal The pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between. Note that a Double Top Reversal on a bar or line chart is completely different from a Double Top Breakout on a P&F chart. Namely, Double Top Breakouts on P&F charts are bullish patterns that mark an upside resistance breakout. توصيات الفوركس Although there can be variations, the classic Double Top Reversal marks at least an intermediate-term, if not long-term, change in trend from bullish to bearish. Many potential Double Top Reversals can form along the way up, but until key support is broken, a reversal cannot be confirmed. For clarification, we will look at the key points in the formation and then walk through an example. Prior Trend: With any reversal pattern, there must be an existing trend to reverse. In the case of the Double Top Reversal, a significant uptrend of several months should be in place. First Peak: The first peak should mark the highest point of the current trend. As such, the first peak is fairly normal and the uptrend is not in jeopardy (or in question) at this time. Trough: After the first peak, there is generally a decline of 10-20%. Volume on the decline from the first peak is usually inconsequential. The lows are sometimes rounded or drawn out a bit, which can be a sign of tepid demand. forex signal Second Peak: The advance off the lows usually occurs with low volume and meets resistance from the previous high. Resistance from the previous high should be expected. Even after meeting resistance, only the possibility of a Double Top Reversal exists. The pattern still needs to be confirmed. The time period between peaks can vary from a few weeks to many months, with the norm being 1-3 months. While exact peaks are preferable, there is some leeway. Usually, a peak within 3% of the previous high is adequate. توصيات الذهب Decline from Peak: The subsequent decline from the second peak should witness an expansion in volume and/or an accelerated descent, perhaps marked with a gap or two. Such a decline shows that the forces of demand are weaker than supply and a support test is imminent. Support Break: Even after trading down to support, the Double Top Reversal and trend reversal are still not complete. Breaking support from the lowest point between the peaks completes the Double Top Reversal. This too should occur with an increase in volume and/or an accelerated descent. Support Turned Resistance: Broken support becomes potential resistance and there is sometimes a test of this newfound resistance level with a reaction rally. Such a test can offer a second chance to exit a position or initiate a short. Price Target: The distance from support break to peak can be subtracted from the support break for a price target. This would infer that the bigger the formation is, the larger the potential decline. While the Double Top Reversal formation may seem straightforward, technicians should take proper steps to avoid deceptive Double Top Reversals. The peaks should be separated by about a month. If the peaks are too close, they could just represent normal resistance rather than a lasting change in the supply/demand picture. Ensure that the low between the peaks declines at least 10%. Declines less than 10% may not be indicative of a significant increase in selling pressure. After the decline, analyze the trough for clues on the strength of demand. If the trough drags on a bit and has trouble moving back up, demand could be drying up. When the security does advance, look for a contraction in volume as a further indication of weakening demand. Perhaps the most important aspect of a Double Top Reversal is to avoid jumping the gun. Wait for support to be broken in a convincing manner, and usually with an expansion of volume. A price or time filter can be applied to differentiate between valid and false support breaks. A price filter might require a 3% support break before validation. A time filter might require the support break to hold for 3 days before considering it valid. The trend is in force until proven otherwise. This applies to the Double Top Reversal as well. Until support is broken in a convincing manner, the trend remains up.

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