Learn Stock Trading From Playing Poker

641

Picking good stocks is only the first step to become a consistently profitable trader. Those of you that track the performances of stock picks I post on http://www.cisiova.com/analysis.asp know that it is impossible to determine if a stock is good without a good exiting strategy. And for most traders, exit strategy is the hardest part. Many people say that to trade profitably you need to develop the right mentality. Unfortunately, such winning mentality can only be developed …

stock, stocks, stock pick, stock trading, trading, poker, portfolio management

Picking good stocks is only the first step to become a consistently profitable trader. Those of you that track the performances of stock picks I post on http://www.cisiova.com/analysis.asp know that it is impossible to determine if a stock is good without a good exiting strategy. And for most traders, exit strategy is the hardest part. Many people say that to trade profitably you need to develop the right mentality. Unfortunately, such winning mentality can only be developed through experience. However, there is a short cut to get through the learning curve without throwing thousands of dollars in the process. This short cut is playing POKER.

Yes you heard me right. Apparently, playing poker has a lot of similarities with investing in stocks. First of all, they both deal with money, uncertainties, and a keen judgment of potential risk and reward. In this article I will explain the similarities and differences between stock trading and poker. But before proceeding, make sure you know the rules of Texas Holdem and fluent with the terminologies.

Think of stock picking as looking for good hands to play. In Texas Holdem, you can look at the two hole cards and decide whether you can play the hand or not. Similarly, you can analyze the stock before entering a position. Fortunately for you traders, no one will raise pre-flop, so you just pay the commission. Remember to exit the position you also need to pay the commission, which implies that the cost of entering a position is two times the commission. Good poker players only play good hands, so you should do thorough researches before entering a position. One good thing about trading is that you do not have to wait for good stocks like poker players wait for good hands, you can find good stocks on stock picking websites or using screeners to find them yourself.

Once you call the blinds in poker, you get to see the flops and two more cards. Think of these cards as the performance of your stock after you enter the position. In poker, the flop can make a good hand, a medium hand, or a bad hand (by helping your opponents). In trading, you can observe the potential of the stock as well, and you should objectively judge the downside and upside potential of the stock. In poker, there are times that you have a good hand, and your opponent have a better hand, and you know you are beat. These are the times where your mentality matters the most. An experienced poker player will fold his hand regardless of the amount of money he has put into the pot. As a trader, at times that you think the upside potential fails to actualize, you should sell the stock regardless of how much you have lost. On the other hand, when a good poker player knows he has the winning hand, despite the possibility of losing at the river, he would bet aggressively, without fearing the small losing possibility. In trading, this translates to if the stock goes up and manifests higher upside potential, you should not fear that you will lose your recent winnings. Therefore the winning mentality is to ride when the stock is going up, and sell when the stock is losing its heat. This discipline is easily said than done. So many times I have heard people lost all their money because they hold on to losing positions (due to hope) and sell winning positions too early (due to fear).

By playing poker, you would get the chance to master your emotions, learning not to hope when you are beat, and not to fear when you are favorable to win. You want to lose small and win big, not the opposite.

Now go practice. This mentality only develops with experience.

The 1% rule ?Stock Market Insiders Are Richer than European Royalty!

526

Stop thinking like a cow to become wealthy in the stock market!

stock market, stock investing

I was watching Oprah the other night. She was covering the reality of the crappy lie called the American Dream that says just work hard and everything will be Peachey keen in the land of the free and the home of the brave. She pointed out that 1% of the U.S. population now control 40% of the all American wealth. If you are not born into that 1% today, she pointed out, then it is much harder today to work your way into it. You have to work a lot more hours for a lot less pay and your extra hours are just making the 1% richer. Meanwhile if you have the right connections ?especially if you are able to enter that special band of thieves called corporate insiders and play your corporate politics right ?then you are instantly propelled to the top. Today with our hideously corrupt corporate governance system supported by divisions of corporate attorneys serving insiders and paid by unwitting public Joe shareholders membership pops you right into Oprah’s 1%.

So what can you do if you weren’t born into the Johnson & Johnson family and don’t have a “richer than God?old money American dream trust fund? The answer is you have to learn to buy very low and sell very high like the robber barons did in the 1800s. I know times are tough on the American middle class but there are ways for you to get ahead. First of all you have to stop chasing pipe dreams. Ignore the get rich schemes like multilevel marketing, derivatives, and real estate short selling junk people will bring your way ?all endorsed by some major public figure that make the con artist at the top rich to suck you in.

Learn to take your financial future in your own to hands and make the market pay you. How do you do this? Well, first you have to stop thinking like a cow. Most people in the public make all of their opinions based on what the group has decided is right. You have to stop doing this and take the attitude that the public as a group is a pretty stupid mass of livestock heading up the cattle chute into the inside corporate executives financial slaughter house. Right now the chute is closed because the stock market has recently crashed making stocks cheap -insiders are loading up while the media is strangely bereft of “stock market rags to riches dreams?it hyped up to suck people in to the market in 2000 when insiders were dumping on the public.

Learn to get really excited about the market when everyone hates it. Right now the stock market has crashed and you don’t hear any good news out there. Ever wonder why? The big forces behind Wall Street, the secret buying consortiums, the inside corporate executives, and the experienced individual investors who are smart enough to know to buy, buy, buy when stock prices are extremely low and the Wall Street media machine is strangely quiet. There are a lot of really good companies out there at extremely low prices ripe for you to buy, buy, buy!!!

Tips Tips for The Average Joe

How To Select A Good Financial Advisor

The investment field is nowadays challenging, and that is why you need to make rational decisions about your money. For an investment to be successful, then you need to have a financial plan, access to finance and investment products to execute the plan. An investor also needs to make sure that they manage themselves well so that their money is not put at risk. An investor can seek the services of an expert who can provide advice on the management of their finances. The people around you can benefit from the services that are provided by a financial professional because formulation financial decisions is not easy. For a long time, the financial services industry has witnessed a one-man-band model of providing service to clients. A financial advisor not only provides their services to individuals but also businesses and governments.

Financial services provided by an expert are such as pension planning, estate planning, retirement, insurance sales, asset allocation and portfolio evaluation. Financial obligations and goals set by an investor can be achieved by hiring a financial advisor. When you disclose about the possessions that you have then the financial professional will tell you what to do. Usually, financial advisors are bound by law to carry out their duties while recognizing the need to address their clients’ needs. You have to realize that the kind of financial services that investors get is not the same and that will depend on what a customer has and needs. The first step towards choosing a financial advisor is to know the types of advisors that are available.

Within the different groups of financial advisors, you will find that they also vary according to area of focus, different compensation methods and also education backgrounds. Tax, estate and financial planning are some of the other disciplines that could be combined by a financial advisor who not only provides advice. A financial advisor must also be a certified individual. A good advisor should be a good listener and provide you with advice according to what you have explained to them. A financial advisor will volunteer to answer some vital questions that you skipped to ask. The professional can also take time to ask questions concerning your situation so that they can understand your requirements.

While talking to the financial advisor, you should explain and ask everything necessary so that they can serve you better and assist you to achieve those objectives. The fee-only advisors have fewer conflicts, and that is why you should select the experts that are comfortable with that kind of payment. The moment you have hired a financial advisor, it is essential that you have regular contact to ensure that they are up-to-date with any change. Do not be afraid to ask for help often from the financial advisor and that is why you must have an open relationship.

More reading: you could look here

Overwhelmed by the Complexity of Funds? This May Help

Things You Need To Know About A Safe Harbor 401K Plan

Anyone working hard to earn a living wants to use their cash in the right way. A great number of people want to reach at the ideal monetary choices for themselves and also for their loved ones. They do this by striving to discover additional ways of making some money and in addition finding some great approaches to help them stay on a financial plan. It is not surprising that a great number of people want to get information on having plans for their life following retirement. Nevertheless, when a lot of individuals think about planning for the future following retirement, those thoughts usually include things such as where to live, what to do with all the extra time and also where to travel. In order to plan for the perfect life after retirement, there is some ground which requires being done. For that reason, you have to put some effort in that groundwork. You have to consider an ideal plan. That is a big question since many investments plans do vary in terms of benefits. However, an increasing number of small companies are choosing safe harbor 401K plans to meet the requirements of their workers.

Safe harbor 401K plans involve the situation where each employee gets the same company-funded contribution percentage of their income regardless of the amount they earn or their rank in the firm. For example, in case an organization decides to give 5% to the program, each contribution made by the worker would get 5%of their pay paid by the company to their program. The rationale for offering this plan by a company to their workers is either to pass the nondiscrimination test or avoid it entirely.

Some of the ideal 401K programs are sometimes the easiest options. There are a number of reasons why small companies and also the workers would want to choose a safe harbor 401K plan. The benefits on the side of the worker would be that everyone receives similar retirement plan contribution regardless of the post or their pay. Additionally, there are two valid alternatives that laborers could select. There is the chance to get a matching contribution or the opportunity to get non-elective contribution. The benefits for the company would be the alternative to keep away from IRS issues through the making of contributions in the interest of the laborers.

It is important that there is no much stress. This gives you peace of mind as there are fair contributions which benefit the employers as well as the employees. The two choices of matching contributions and non-elective contributions give safe and monetarily practical choices for a big number of people to consider.

Questions About Providers You Must Know the Answers To

Advantages of Life Insurance Services.

It is a live cover that helps protect the loved ones after death. This form of insurance can either benefit the family members of the insured or the contributor him/herself. This form of insurance is advantageous in very many different ways. Some of the advantages include the following.

In cases of maturity at death, life insurance cover cater for the adverse financial needs necessary for the peaceful laying the body to rest. The insurance company caters for everything when the insured dies. In addition to that, the remaining family members are left with something to kick start or continue with their lives without constraints. This the policy is both helpful to the demised policyholder and their family. Less the burden is felt among the remaining family members. Instead, it acts as a driving force for the rest of the family members.

The the federal government is easy on matters taxation of this policy. The federal government does not tax the money given to the beneficiaries. The beneficiaries, therefore, enjoy a hundred percent of was is due to them. One can alter the terms of the policy to fit his/her desire. The premiums can be reduced, increased or skipped occasionally. Somehow the insured has a say on their preferences.

Loss of the policyholder’s job does not always lead to contract termination. In comparison to other policies which end prematurely with when premiums are delayed. For this reason life insurance policy will still be operating under special circumstances in case the policy holder is rendered unemployed. Additionally, some other policies incorporate the inclusion of spouse and children under one policy. This makes them legal policyholders.

The best feature of some life insurance policy is the payment of the expenses incurred by the insurance company when one have a chronic or terminal disease. Health of the policyholders is a priority of most life insurance policies. Some funds of life insurance policy are easily accessible in genuine need may arise. Policies in life insurance can be used as security when borrowing a loan. Other than the security offered by the policy, a lender must also have good credit records. It is also important to make sure that the payment of the policy only happens with the death of the insured.

Most of these merits cut across, whether the insured is a long term or a short term contract These merits are applicable to both the long term and short term policy holders. In the case of a short term agreement, the insured can access capital for any business depending on the regular premiums paid. Through this, a lot can be achieved. Young people are privileged enough to be charged less compared to the older population. Life insurance is not solely for the elderly.

Discussed above are some advantages of having a life insurance policy. Everyone is encouraged to insure himself or herself with life insurance policy.

Sealing Tips for The Average Joe

Why Contractors Choose to Carry Out Pavement Coating Today The protection of asphalt pavement through a thin layer of asphalt is referred to as seal coat As a result of pavement maintenance, there is assurance of the extended use of a given road. Reduction of increased friction caused by exposed asphalt aggregate is prevented through sealing of the pavement layers. Application of the asphalt should be carried out in well-cleaned surface that is free from all dust particle that can cause inappropriate spread of the material. However, there are only three types of sealing material that is used in the pavement layers that are namely: coal tar, refined petroleum, and asphalt based material. The list below shows why contractor take advantage of road seal coats today. Improved pavement layers is achieved. The change of the appearance of the road is quite necessary and that why road sealing applied. Good looking pavement attracts a lot of individuals to the organization or the company thus increase of product consumption. The appearance also dictates the way and manner in which the provided services are well set in the best condition. Durability of tenants to the given structure is obtained since the services are appropriate. It also increases competition of the areas that have an adequate facility. Ability to conduct the different task that is relevant in a given area is ensured by the well-formed pavement layers. Services of the given pavements are long lasting. The anticipated life of the asphalt pavement is increased through the regular use of seal coat product. Sealcoating also has various benefits that include the following: aesthetic properties, replacement of eroding services, resisting factors to oxidation, overall optimization of the asphalt layers. These factors enable an extensive use of the relevant pavement for quite an extended period.
The Ultimate Guide to Seals
Reduction of friction services on the road. Sealcoating is quite an importance in the sense that minimal chance of negative issues that are likely to occur on friction free road are reduced to zero. It is thus important to make sure that all pavement layer is well sealed and with proper material. With areas that are prone to potholes, a good method of repairing them should be sourced out to effect the seal coat to the entire sector. Running water is therefore prevented from passing through the pavement layer that would cause improper seal spread.
Supplies – My Most Valuable Advice
Oxidation is discouraged in all the sealed asphalt pavement layers. Since asphalt pavements overs poor ultra-violet rays’ resistance, the sealed coat will help increase strength and hence prevention of the oxidation. Prevention of oxidation will increase on the road or rather the sidewalk users by adding it durability factors.

Practical and Helpful Tips: Businesses

The Art of Window Cleaning and its Advantage The way things appear to people on the first time always create a certain perception in their minds hence very necessary that you maintain a viewable and positive one for your premises. The cleanliness of the place does not only entail surfaces and floors but also your windows as well. It is important that we have the windows in our houses and premises clean to prevent stick-on particles since it is where most of us love to look the outside world through. Looking at your windows and you cannot differentiate between the walls and where the windows begin call for urgent cleaning services. Cleaning your windows by yourself can be a real hassle hence very necessary and useful if you hire companies offering window cleaning services. For a building that is advanced in height, it becomes very necessary and paramount that you source for window cleaners for the task so as to avoid the hazard involved. These washing service providers have trained and experienced staff when it comes to your windows. The fact that the professionals have been involved in the window cleaning job for a long time gives you the surety that your windows are rightly placed. The durability feature in your windows largely depends on your cleaning hence very necessary to have professionals cater for them. The efficiency of the windows functioning is enhanced by cleaning since the sunrays and the beauty of the outside view are clearly accessible.
Discovering The Truth About Tips
The dirt on the windows may bar the comfort-ability of your guests and workers hence very necessary to have them cleaned regularly. There is necessity of choosing right professionals since the prime kind of service you receive for your window washing lies on their level of professionalism. Hiring professional washing service providers for your windows is definitely better than cleaning them yourself since you do not have the expertise. The professionals know what chemicals and equipment to use for the task of which you may be inadequate about. Most of the cleaners are licensed and insured in their line of work in case of accidents and issues during the work.
Where To Start with Experts and More
The fact that it is a professional handling your window washing, he or she will endeavor to leave them streak-less and mark-less since it is their primary job. The fact that it is not in your line of work to do the window washing makes it hard for you but easy for the professionals since it is in their primary line and job description. By having professional cleaners help you in your window cleaning you are able to attend to other issues and important matters as opposed to spending all your time cleaning and washing windows. The cleanly view of your windows is generously reached as well as your desire satisfied.

What Do You Know About Options

The Benefit of Translation Services in Your Business It is fascinating how individuals can communicate with other people and create massive networks. The internet allows people to engage with people from different cultures. It is the same for the businesses. The small firms can now compete with the large corporations on a fair ground. It is important that people speak different languages. There is need for the translation services to ensure smooth flow of information to the target markets. The businesses are in a position to operate in regions with different cultures and languages. It is important to use the services of a translator to avoid confusion. The professional translators ensure that the people you are trying to convince to buy your products understand your message. You will just need to interpret the product message to your target audience and you will make a sale. The firms should expand their market reach by the help of the internet connection around the globe. The websites are becoming the favorite spots to access the goods and services. The traditional ways of shopping for products and services become history. The online platforms are open for everyone to access them. The online community is beneficial to individuals who advertise their products for anyone to see. You can have relationships with other business associates from different countries. The firm will generate high traffic of customers who will, in turn, lead to increase in company profits. You need to ensure that the jargons and advertisement quotes fit well with your target audience. You might use some terminologies that are new to your clients, and you must make them understandable. It is important to have advertisement jargons that are simple to read and understand. The translation services enhance the business to identify with the different cultures. The professionals can interpret the psychological and emotional purchasing behaviors of the individuals in a particular region. You will be in for a rude shock if you ignore the services of a professional translator. Consider the terms that you should use in a particular region. You will be in a position to promote traveling and tourism opportunities. It ensures that people can identify and tolerate the difference in our cultural views. Human beings can associate easily with people who are ready to learn. The accomplishment of your business goals will be subject to the investment of money and time into translation services.
News For This Month: Services
It is fulfilling to set up a business in a community that embraces your products and services. You will have full knowledge about different customs across the globe. The studies show that people relate well with individuals who can communicate their language. You just have to work with experts who meet your requirements. Individuals appreciate the many professionals online who are ready to work with your budget.The Ultimate Guide to Resources

5 Uses For Companies

Selecting a Company for AC Repair. Air conditioning company is very important in the life of an individual because their services are always needed in various residential places and also in the offices to repair the air conditioner that just broke down or to install a new air conditioning in these places when need arises. To avoid making mistakes through the hasty decisions that are made without giving much thought on the issue at hand, for instance, things to do with air conditioning system installation and repair, it is wise for an individual to research thoroughly concerning several companies that they are presented with so that they get the best among them that will take up the contract and give good results that will be admired at the end of their contract. In the case of an air conditioner breaks down, it is good to ascertain whether the company you want to get in touch with specializes in the repairs of these systems or does it only do the replacement of the broken down system, and this is a very crucial factor to be considered before signing the contract with the company. Another key factor is to assess the quality of the services given by the technicians in that particular company, and if you want to get the best of the services, it is wise to ensure that the technician to give the services on behalf of that particular company is licensed and insured so that in the event damage occurs to your property during their working, it should be covered so that you do not suffer any additional loses.
Finding Parallels Between Products and Life
There are some companies that make promises or sign contracts but they do not follow those contracts to the latter and they end up frustrating the clients, for instance, the completion time of the job at hand, and therefore to avoid these cases where the client has paid for the services in full but the company fails on their side to complete the work by the date that was agreed upon, it is wise that the two parties involved should reach an agreement that binds them that unless the job is completed in full no payment is done to the company for the services provided.
Finding Similarities Between Products and Life
It is recommended that one should get the company that will give the best services according to one’s needs, and the charges should also be manageable to an individual so that they do not spend much on a mere repair of the system than they spend during the purchase of the same system.

The 4 Most Unanswered Questions about Services

Guide to Use When You Are Selecting a Hair Salon The one thing that you should put in mind is that the saloon that you select can affect the way that you look and if you want to look your best then you should pick the best. At the same time, it will affect the quality of your hair. For the people who need hair that is beautiful, the one thing that they must do is to choose the best salon. Since there are many salons, you will find that choosing the right one can be a daunting task. Use the guide below when you are choosing the place to use. If you want to get the best then you should start by asking around. You should ask the person who have beautifully done hair to give you recommendations on where they do their hair. From there you can be sure that you will get the right advice. It is best if you take the time to hire someone who has similar texture of hair as you to do this job. By doing this you will find that you have an expert who will be able to deal with your hair. The one thing that people get carried away by when choosing a salon are the amenities. When you are selecting the devices, you should look beyond the tools and the building. You should take you time to ensure that you get a place that offers the best services. You might get to a facility that has all the machines but does not do a quality job.
Smart Ideas: Hair Revisited
When you are choosing it is paramount to make sure that the facility you get has employees that are well trained and one with expertise By doing this you will find that you will end up getting the best results. Find out how long they have been doing this business, the longer they have been in the field, the better.
Study: My Understanding of Stylists
You need to select a place that is hygienic. Under no means should you choose a place that is dirty. It can be frustrating when you have the expert making your hair in a place that appears to be messy. If they do not take the time to make the place clean, it means that they do not care about the clients. Thus, this is the reason that you should avoid a place that is dirty. You should go to the internet to find out what the previous clients have to say about the salon that you are considering. You should only go to a place where they seem to satisfy their clients and also known to do a good job.