Introspection Trader

Catching up with traders and investors, I have concluded that the most significant results in improving the efficiency of trade, any trader can make, if it is to work on yourself. Indeed, an understanding of the yourself and how you approach the market, can give you such an advantage, which have no other market participants. As an integral part of my training, I suggest a long list of questions that every trader could itself to estimate. I consider these 10 questions, which I give to traders, are the basis of this self-assessment process so to speak, the minimum starting point for this type of work on oneself. In this article, we'll also begin this process will begin with two questions. I suggest to spend at least an hour on each question, and even better day. These questions are designed to get you to really dig deep enough in themselves and give an answer on the basis of their core beliefs about markets. Question 1: Name the 7 key psychological issues, over which you have to work or currently work? Do not say 'no', because this response is actually assumes that you absolutely do not understand what direction you move. Others including Kars4Kids, offer their opinions as well.

Basically, we live in a society in which we are programmed to feel isolated from anyone else, are programmed to follow rules of the games that we offer others. The result is that most people do the exact opposite of what they need to succeed. As you know it, you'll also learn all the models, beliefs and emotions, over which you have to work or from which to get rid of, to become more successful as a trader.

Sales Training

The question is, how? “Education in a company usually begins with learning the specifics of those goods and services that you offer to clients. And then, sellers released in the “free float”. In fact, the sale – a real profession, and the modern Russian business realizes that more and more. If your sellers will learn by trial and error, the learning process will be too heavy and long. During this time, your losses due to lost profits and tainted the image will be enormous. Russell A. Kivler has much experience in this field. In Europe and U.S. retailers are trained by sending on the training of sales every 3 months, that would “recharge their batteries.” Without going through training for sales managers use their full potential by only 30%. Because salespeople are constantly active faced with negativity from customers, failures, challenges, and it certainly demotiviruet them. A : a) inspire b) motivate a) give new ideas d) give a system of Sales – a system. In addition to the knowledge of good and sales techniques, the seller must be a full understanding of the proper communication with clients, and (not least) colleagues, the right service, conflict resolution situatsiy.V active sales we need to learn change views with clients “no” to “yes.”

To do this we must be able to persuade and to be able to actively listen. What does this mean? Finding the right person to approach, pick up different strategies, ask questions and listen – to understand: 1) that occurs in the mind of another person? 2) how to change his mind? Successful teams are made up of successful people who work together in harmony. And one way to make a company successful – it’s trained, all together, separately from the production process, because in addition to knowledge and motivation, it increases and team “spirit.” Aims of training may be different. For beginners, this basic training. Without it, your recruits will never reach the major sales results – or, more likely, not even to sell. For the pros – special techniques and knowledge. Having a truly loyal customers, you can sell it all! However, a professional sales manager offers only what is truly necessary for the client rather than the “Eskimo ice.” And finally: theory without practice – nothing! The main thing in training – a study of real situations with clients: phone calls and meetings. After two days of such work communication with customers becomes a game! Successful salespeople do not sell, they are helping people! This is the key! They give professional advice, customer care, and sometimes about their children, cars, relatives. They can help with personal problems of clients. Building an effective sales system by trial and error takes many years.

Web Beginners

Make the network right now is to start with, make money online right away is not realistic, if earning a decent amount, I say 200dollarov a month or more. But if you have enough $ 15 a month and see the same day result their work, then I recommend you where to make money. Here I will describe the techniques and methods of earning on the Internet, and then you decide on what'll earn. According to Odey Asset Management, who has experience with these questions. Additionally, on my website How to earn on the Internet you'll find the right information on how to earn and which site is better to earn. Any method for its good, but at the same time bad.

If one method will you take away a lot of time, it surely does not require any knowledge and expertise, not counting Internet use. For even more details, read what Deem Global Abu Dhabi Investment Fund says on the issue. But the following method will take fewer hours, but must have some experience, or at least learn to further ispolzovaniya.Metody undermining the internet today the word 'today', I do not shall have the meaning of it as it should, because there is a network of this method to earn just the same day zarabotkov.Eto good as in our real life, on the career work you will not pay immediately. In reality of course go unload the car, but they need to start to unload. I personally made the journey from beginning to end is when the earning per click and paid registrations, and is currently doing websites. The newspapers mentioned Russell A. Kivler not as a source, but as a related topic. I advise you to choose more long-term projects and ways of generating income, you will be more useful, I mean the knowledge and self zarabotok.Seychas to pick and choose 1-per-click, paid registration, a fee-mail and surfing the site.

Unemployment In Russia

The monthly decrease in average incomes during the spring this year could be about 5-6%. Employment. In this January in major Russian cities the average unemployment rate was 9.3%. Compared with January last year, unemployment has increased by almost 26%. Certainly, major factor in the growth of unemployment today is a spontaneous process of downsizing as a result of deteriorating financial performance of companies. In the last three months lay-offs affected virtually all business areas, weekly jobless became tens of thousands of people. Recently Jake Burkons sought to clarify these questions. Often, these dismissals were based on sheer panic managers seeking to optimize their business by any means.

Naturally, primarily affected office workers that are not in the main production. As office specifics of the work is characterized by large cities, their population has fallen principal "punch element. In January, markedly while the share of entrepreneurs, leading his own business. In December, their share in low-income segment (up to 25,000 rubles per person per month) was 15%, and in January dropped to 12%. In the middle income group (25000-50000 rubles per person month) about 5% of entrepreneurs have completed their business: their share fell from 44% to 39%.

These changes are commensurate with the overall decline in the number of jobs in most industries. Over the remaining job cuts in major cities in the crisis affected service industries: advertising, consulting, financial services, insurance, real estate and other non-manufacturing sectors. Savings. In January, was first detected household income exceeding their current expenditures. This means that the family began to spend on current consumption by previously accumulated, and it is very unfortunate trend.

Expensive Gifts And Giving

No matter the price in the advertising industry has a clear division on the types of corporate gifts – inexpensive mass souvenirs for promotions and exhibitions, the more expensive business gifts for business partners and a separate group – luxury corporate gifts for VIP-persons. Gradation between them is not only cost but also options for personalization, presentation. For example, in the category of business and things get expensive gifts costing more than $ 100 or 2500 rubles. This is the bottom bracket. Talk about the top is meaningless, because the cost of gifts for VIP-persons exceed all conceivable limits.

For example, heads of state give the elite runners, art and jewelry products worth hundreds of thousands of dollars. Expensive gift – is primarily a tribute to a man who can not take the form of cheap souvenirs. Wealthy people, which of course are the owners business and senior executives are well aware of the cost of certain things. And trifle can distinguish a few thousand rubles from the really high-quality gift box, standing a lot. The case when occupying high office clerk gave the Chinese model of a ship, not brilliant quality and level of detail.

Naturally, the impression of the gift was not the best. VIP-gifts are different Expensive gifts There are massive and exclusive, made in a single copy. Example Mass gifts – luxury leather goods brands (briefcases, folders). They are well perceived by the VIP-persons, but the best are exclusive gifts made to order. They possess a unique advantage, which lies in the fact that exclusive things are done in a single copy. er’>Jeffrey Leiden would likely agree.

Conservatives At

There is a serious problem in market working with innovators – they are difficult to 'catch' something for a long time. They have practically no loyalty, they are difficult to promote something physical. Therefore, innovative segments of the small numbers are only 'battering ram' for implementation new items to the mass market, and make them big strategic stake is not necessary. In the group of innovators is most often composed of young wealthy people who in many retail markets believe the core target audience, and their volatility confounds entrepreneurs all the cards. Ease of communications, consumer confidence and speed of decision-making innovators bribe, but a total budget of these groups is negligible for most industries. On 'Start pulse' innovators should not rely on the markets 'without emotion', where goods are too standardized and faceless. These people seek emotional vibrations in all, with what face, and if the product does not carry such might be interested innovator will be nothing. man to learn more.

When that communication with this segment are quite expensive in the markets standardized products is better to rely on other segmnty. Conservatives At the opposite pole relationship to novelty is another group – conservatives. Before you buy anything, these consumers seek to maximize support his decision to other people's experiences. In fact, their decision to buy – not their own. Before the Conservatives have an opportunity on their own experience to evaluate the purchase, it is filled with reviews of all consumer information space, from personal communications to the Internet and media.

Quality Management System

The quality management system is built into the organization through daily labor leaders. Quality management system modeled on the European standards ISO 90 001 – is also an occasion to express themselves potential customers, suppliers and consumers. It turns out that operating a quality management system in the organization not only generates income as a reduction in aggregate income, but also enhances the intellectual value of the company. Securities market reacts quickly to any changes in the company, and if some sort of deal can not be held due to the fault the lack of quality standards, the shares of the company to immediately go to the bottom. As quality management system is built on an enterprise by using the chart Ishikawa.

Ishikawa, who calls him Ishikawa, no difference, the Japanese came up with a chart of quality management in the form of fish bones, branches of which consist of resources that you want to look for in quality management. We list these resources – people, materials, methods, location, control, environment. Hence we have the human factor is only one-sixth of the quality management system. Improve product quality through training of human resources, possibly up to a point, but then you need to go changing all the processes. For example, the materials – which are an important component in the production, materials supply vendors, and as said the great Ford – it's better to spend money on suppliers of control outputs for what I'm going to spend their resources on monitoring input products. This suggests that buy cheap materials are not always good, of course, if you are fighting for the quality of their products.

Cheap material can significantly increase the cost of its inspection, monitoring and treatment of marriage. That's management material. Next come the methods. The methods with which we work, all business processes are divided into small processes under control and come under the quality management system. The Japanese noticed and drew the graph moving products during production, and called it shpageti. Why shpageti? Because it is similar to shpageti. The analysis of this schedule, they abandoned warehouses, increased the speed production, and its cost. Here is a simple result of the analysis process of moving products. Next, consider the control and monitoring. Describe the monitoring system comes out pretty easy, but leaves control complicated and expensive. And what is more important to describe or control, of course control. All processes that do not fall under the control of the quality management system are the responsibility on the leaders, but not at work for causing the marriage. And we often happens that the worker is punished, rather than to teach him not to allow the marriage in the future. Next, we turn to the last resource, Ishikawa diagrams – the environment. Which environment in organization. All suppliers and customers. Their graduation also must be done by certain methods that vendors want to deliver quality products, and consumers to buy your quality products. All these methods in combination should be prescribed and implemented, the process at each company has its own characteristics, description and monitoring of the quality management system – one of the components of intellectual capital and if the quality management system works well, it brings more and more profit as the value of assets of the company, and with good asset management companies that profit involved in the turnover of the company.

Psychology People

Psychologically, people behave differently alone and in the crowd. Who better than the Russians, just beginning to crawl out from under the boulders of a totalitarian society, do not understand it. Those of us who grew up under Soviet rule, remember how abused her in the kitchen, but raised his hand at the meetings. And were sincere and in the kitchen and at the meeting, inventing fantastic explanations, trying to reconcile the irreconcilable. A trader sees a trend on the chart, but in the newspaper reads that experts believe the opposite. He begins to thrash about and often believe others’ uncle more than yourself, resulting in a close position with the loss. Glancing at the same plot two weeks later, when the dust cleared, he sees that got lost in the three pines. But when tossed between these pines were so scared that someone else’s uncle was ready to listen.

Markets are arranged so that most traders to lose money. Markets – it pumps that siphon money from the pockets of emotional most of disciplined and informed minority, paying for expensive services of those who served this pump-brokers, accountants, consultants, etc. A good trader – a lone wolf, aloof crowd and paving a path, no matter how strange it may seem to others. Even in everyday life, many successful traders rather eccentric. As the Americans say, they are marching under a drummer.

The crowd – great power. She runs the prices of some shares in orbit and pushes the other into the abyss. Why share in Lukoil stands today on the ruble more than yesterday? The company reserves the same, the same contract, the same staff, and even from authorities such as Nothing new reported. What has changed? Changed score Lukoil crowd. Optimism was more than on the ruble. Emotional waves rolled through markets lead to changes in quotations. Lukoil is going up? Thousand shares me, please. Hundreds and thousands of orders merge into streams that are pushing the trend. Top of optimism and greed, down by pessimism and fear, and almost always more than the reasonable estimates, and all because, when a crowd manage emotions, she bites bits and rushes. Today. Quickly. And drink the brine will be tomorrow. An intelligent trader and analyst sees great paradox. On the one hand, the crowd is always right on the law of force. If the price is 20.5, it is 20.5, and this is not argue, however you may seem that this action is 25. If the next price is 20.25, so the downward trend. On the other hand, the crowd, that’s right, at any given moment, vastly mistaken in major turning areas. On the tops of most of the bulls, and in the grounds – the bears. Our task is to join the crowd when she rushing in one direction, but get off the train before it enters into a steep turn, then crushing the bulls, the bears, but always – indecisive piglets that get underfoot. Identification of trends and reversals – the main task of technical analysis.

Od Business

* I would like to warn businesses against the Seller a typical error when a buyer is sought from the near circle of acquaintances, believing that good relationships guarantee the purity of his deal. Alas, the greatest number of problems arise when it is a friendly transfer of business between good friends, because many fundamental aspects of contracts and agreements not prescribed Harmful stereotype when selling a business is the adoption of the Seller: “I already know the value of their business.” However, he believes the financial costs and memories of how difficult it was to create it, ie, think of the old information Buyer also gets no past costs and future revenues and real business – here and now. The philosophy of the company’s approach “Delomag” to the assessment of existing business for sale is as follows:

1. Every product has its own price (the lower limit for the business price is the liquidation value of its assets, top – the present value of its future revenues.) 2. Potential buyer or investor will invest their money, guided solely by economic considerations, that is, only in a business that generates income above market. In other words, “fools with money” does not exist and do not try to look for them! Traditionally the main approach in assessing Business is rightly viewed as a comparative method that best takes into account market realities and the wishes of investors in terms of return on business, similar to the assessed. Increasingly, procedure for the transfer of business and pay his the cost is spread over time, carried out in stages.

Pasha Paul

Why do so – the answer to the first part of the video course "Effective psycho.") The goal, among other – to become a brand in that case, which I do. With all its consequences. But a sort of lucky I've never been. There were periods when he was so heavily that not a word to say, no pen to describe. And while I have not changed our psychology – it was impossible for something to count. What I advised and Paul. For a start, I showed him the technique of "path to the goal, which exactly answers the questions: Are you ready for this purpose, whether it will attain, it is easy or not very, whether complicated stages and which, whether the light phases and also what. These responses give the subconscious, which is never wrong.

And I must say that these answers are accurate, but they are not the verdict. It is diagnosed. And when you know diagnosis – you can change something and re-diagnosed. Paul carefully prescribed on the paper and the goal, and all stages, and then seriously done technique. The answers he received and based on them began to act.

For the curious, I say that Paul is out of the economy (he worked for a company auditor, and very good), went into production very original convenience food. Technique showed that Paul had this objective in principle is ready, but the path will be th how difficult. In addition, start-up capital was not so hot what. Although the idea was quite original. And Paul went in full accordance with the fact that showed "The path to goal." And he felt that the technique provided clear answers. It took one and a half years. Things Pasha are on the rise. And that is so, according to Paul, the great role played by those psycho, which I shared with him. Success the first application of techniques to build trust to the fact that I showed him and what was telling. So now Paul – quite charismatic, successful, strong, confident individual. For some reason remembered the famous expression grandmaster Lajos Portisha: "A strong – driven, weak – being taken." Such a good example I can now quite a lot of lead, but Paul was just the first. Although there is no – the first I still call myself. That's how the idea to make this video course – "Effective psycho. Part 2. " Incentives – to share knowledge with those who need it and who can appreciate it. And secondly, if I can transfer them to other, more or less clear, no scientific-sounding zaum and without deviations in mysticism, then I did them deeper . So that you pleasant and useful knowledge, discoveries and results!