March 2008
Monthly Archive
Internet Finance31 Mar 2008 08:13 am
Make Money Fast - The Secret Of Catching the Huge Trends & Profits
If you want to make money fast trading you need to catch the big trends and hold them. Most traders fail to catch the moves and if they do, they then fail to make the most of them.
Follow the advice here and you can catch the big trends and make triple digit gains.
1. Understand the long term
Making money fast is all about taking and holding the long term trend. This means focusing on the trends that last for months or even years.
Forget, trying to get small size moves or day trading, you will never cover your losses let alone make a profit!
It’s the big trends you need and they give big profits. PERIOD. Check any currency or commodity chart and you will see them, now its time to catch them.
2. Buy High
Most traders like to be in at the start of a trend, but most big moves start from market highs. As most traders like to buy “low and sell high” they never get in on the trend, they wait for a pullback that never comes.
Check any chart and you will see that the major moves occur from new market highs.
It’s hard to do this (and that’s why traders don’t) as you miss the first bit of profit. This is not a worry however, as you cannot predict a market turn, it’s best to get in on the market and make big profits when it breaks out.
So you missed some?
That doesn’t matter though if the trend piles up triple digit gains! Picking tops and bottoms is impossible, don’t try and predict the move wait for confirmation and follow it.
Don’t forget that a trend in motion is more likely to continue than reverse, so buying new highs is very lucrative.
3. Learn to accept huge gains
Most traders can’t do this, but it is the only way to make money fast.
Most traders get so excited they have a profit; they can’t contain themselves and take it, even if it’s small. They fear losing it, or even worse it turning into a loss.
The bigger the profit the more tempted they are to take it.
As the market has normal small dips, they panic and then bank the profit and then see pile up huge gains.
To make money fast, you need the guts to hold the trend LONG TERM and below we will show you ways to make this easier for you.
4. Don’t move stops too quickly
If you trade a breakout to new market highs, the trend normally will accelerate quickly away from the breakout. If this happens, put stop below breakout and don’t move it too quickly.
Keep in your head that you need to allow the trade room to breathe and market to correct. Moving stops too quickly, is major reason traders get bumped out of a trend early, so don’t do it.
Wait until you have a great profit and then insure it for peace of mind
5. Use covered write position
These involves going long a future and short a call option (with short time to expiry) in bull market and doing the reverse in a bear market.
This is an insurance policy The covered write will benefit from the futures position going your way and time decay on the option.
You therefore gain protection and can use a wider stop on your futures position as you can keep it far enough back not to stopped out by normal volatility against the prevailing trend.
6. Trade infrequently
The big moves only come a few times a year so only focus on trades that if they breakout are likely to attract serious buying or selling. In a breakout keep in mind the following:
1. The more times a breakout point is tested the more valid it is
2. The longer the time period this support or resistance has held the more valid it is
The big moves come only a few times a year so only trade SIGNIFICANT support or resistance breakouts
Making money fast by holding long term trends sounds easy, but it is not. You need the right mindset to hold on for the long term and the discipline not to be distracted by short term swings in equity.
However if you follow the above advice you could soon be making triple digit gains from the big trends that make the big profits. Accept the above and alter your mindset think long term trends and big profits!
More FREE info
For more free information on how to catch and hold the lobng term trends get a FREE TRADER CD
packed with over 100 pages of crtical market info to make you a better and more profitable trader visit: http://www.wellingtoncr.com
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New Age Philosophy31 Mar 2008 01:17 am
What Is Meditation And Which Benefits Does It Have?
Meditation can be defined as the science of paying attention to an object that will help us further unfold the finer aspects
of our own self. The art of meditating was brought into our western world in the sixties by Maharishi Mahesh Yogi when he
taught The Beatles to meditate trancendentaly. The essential skill of this meditating technique is learning to concentrate,
condense and compress your awareness to be totally focused on the very subtle object you are meditating on. As your entire
being becomes absorbed in your meditating activity, every stress and strain of daily life will fall from your shoulders. In a few short minutes you will become mentally and physically rested and refreshed.
This is the immediate benefit after you have meditated. Using the meditating method, you don’t see the deeper mental changes
immediately. But if you execute a little patience and meditate every day, you’ll soon see a positive change in your mental
health as well as improvement in other areas.
What are the benefits?
- if you meditate regularly you’ll attain a more positive and compassionate attitude
- people around you will soon see the benefits of your meditating exercise
- meditating can help you make better decisions
- meditating can increase your creativity
- meditating can make it easier to manage the daily challenges
- meditating can increase your self acceptance
- meditating can even increase your social acceptance
- meditating regularly can create order out of the chaos of stress
- you will obtain increased clairity if you meditate every day
plus much more.
There has to be a reason why thousands of modern people all over the world are meditating every day. If meditating wasn’t a
powerful shortcut to feeling good, we wouldn’t have so many meditating people. Many who start to meditate for the first time are amazed at the mental insights they gain that seemed to have been completely lost to them in all the mental stress they
had allowed themselves to build up in their mind.
If you start to meditate you will come into a position where you can remove the restrictions that stress places on your mind
and personal growth. You’ll gradually expand your mental and spiritual horizons and move towards reaching your full potential as a human being.
When you exercise your daily meditations, this should be done in a quiet, restful and clean place. It is important to create
a serene atmosphere with no sense of hurriedness or interruptions.
Terje Brooks Ellingsen is a writer and internet publisher. He runs the website 1st-Self_Improvement.net
Terje is a Sociologist who enjoys contributing to the personal growth and happiness of others. He tries to accomplish this by writing about self improvement issues from his own experience and knowledge. For example, mental health and self esteem and reaching your full potential in your career
Damkier in Strauss Opera “A Night in Venice” to Close April
Brent L. Damkier, (pronounced Dam-key-r) handsome lyric tenor at the Regensburg Opera, is best known for his recent roles as Prince Tamino in The Magic Flute and Prince Ramiro in Cinderella.
Eine Nacht in Venedig, (A Night in Venice) by Strauss premiered on October 23, 2004. Damkier plays the roll of Pappacoda, a Spaghetti cook. It is a tremendous comic roll and Damkier usually receives the most applause even through it is a smaller singing role. This is the remaining performance.
Just 75 miles (120 kilometers) out of Munich is the historic German town of Regensburg. Just off the Danube River, nestled in the heart of a charming old town square is an intimate 380 year-old opera house seating 524 dedicated patrons and international guests; it is home to the leading tenor.
Damkier, who has performed throughout Europe, thrills audiences, with his sweet interpretation and punctuated tenor dexterity. From character parts, to the male ingénue, to the leading man, Damkier is bridging his operating roots to a U.S. tour in 2006 which will cross-over to a cabaret format broadening his audience and fan club. One of the recital performances in early 2006 will be recorded and distributed for wide release.
The youthful face looks to be fresh out of high school having originally hailed from Northern California, yet is the face, voice, and actor of a well-trained virtuoso in his thirties. Six years ago without any training in German, the nearly six-foot tall, handsome, golden-eyed, fair-skinned performer headed for Germany to hone his craft on the stages of several smaller opera companies. According to producer and promoter TR Cutler, Damkier will make his recital debut in South Florida.
Visit Brent L. Damkier at www.brentdamkier.com or email e-mail e-mail protected from spam bots.
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Media Hall30 Mar 2008 11:41 pm
A World Cruise on the Queen Elizabeth 2 (QE2)
For twenty-five years the Queen Elizabeth 2 has been circling the globe, nobody knows their way around the world like she does. 2007 is her Silver Jubilee and she’ll be visiting more of the world than ever on her Silver Jubilee World Cruise; 41 great cities and 25 nations on five continents in 108 days. She’s became the international symbol of luxury travel and at virtually every stop along her way, she’ll be welcomed with all the fanfare of a celebrity.
The full 108-day cruise will start from New York City on Jan 8 2007, returning to New York on April 22. Two alternatives are available for those on the West Coast of the USA. One leaving Los Angeles and ending in New York City in 94 days; the other leaving San Francisco ending in New York in 92 days. Whether you book the full 108 day cruise or merely a portion, you’ll have chance to see the major highlights along the way, with multi-day tours to such sights as Beijing and the Great Wall of China. And you’ll be sure to enjoy the days you spend on board, as the QE2 is practically a “City at Sea” with all the amenities you could need for an extended voyage.
The Queen Elizabeth 2 will sail from New York City to Fort Lauderdale, Florida and two days later will call in at Georgetown, Grand Cayman. Then it’s on to Puerto Moin, Costa Rica with a side trip available to visit the Braulio Carillo National Park. Here there’s an aerial tram that glides silently and easily above the jungle canopy - there’s no hiking required!
Next is the passage through the Panama Canal and north to Acapulco, then on to Los Angeles and San Francisco to take on those who will be joining the cruise from these ports. Four days later, you are in Honolulu, Hawaii. The next day a tour of the Haleakala Crater on Maui, followed by four days at sea crossing the South Pacific to Papeete in Tahiti and later Moorea. Another four days at sea to the Kingdom of Tonga, named the Friendly Islands by Captain Cook, not that much has changed over the intervening centuries. On to Suva in Fiji, where passengers will have the opportunity to sample the ceremonial drink kava, made from the root of the pepper tree.
Next on the cruise is New Zealand with visits to the ports of Auckland, Wellington and lastly the picturesque town of Christchurch, a nostalgic recreation of an English college town on the South Island with ivy-covered brick homes, manicured gardens and even a river Avon. From New Zealand she turns North to Hobart, Tasmania with a side trip to the Bonorong Wildlife Park, where one might catch a glimpse of the rare Tasmanian Devil.
Melbourne is the first of four ports of call in Australia. One of the side trips here will be a ride on the historic steam train “Puffing Billy”, finishing with a lunch at a Yarra Glen vineyard. Next up is Sydney with its famous Opera House. After a brief stop in Brisbane there will be a two-day respite at the seaside resort of Yorkey’s Knob outside Cairns. You might even learn how to throw a boomerang at the Tjapukai Aboriginal Cultural Park.
Leaving Australia the next port of call is Rabaul in Papua New Guinea and then five days at sea before docking at Yokohama, Japan. In Japan’s second city you’ll have the opportunity to tour the old Imperial Palace, home of the ruling dynasty for 140 years. Leaving Japan after a stop in Kyoto to see The Golden Pavilion, a two-day cruise will end with a stay in Shanghai. Here the passengers will be given the option of excursions inland to Beijing’s Forbidden City, the Great Wall and the 400-year-old Wu Gardens. After two days in Hong Kong, the beautiful and peaceful beaches of Da Nang will be a welcome change in Vietnam.
After a two day visit to Laem Chabang (Bangkok), Thailand, the QE2 will cruise for two days to Singapore and then across the Indian Ocean to Colombo in Sri Lanka, the former Ceylon. A short tour of Kandy is on the menu here. Here also is the beginning of an optional multi-day adventure to Jaipur and the Taj Mahal before rejoining the QE2 in Mumbai. Those who elect to stay with the ship will be visiting Cochin, India next. Once a major stop on the Spice Route, this old port city predates Roman times. One can walk along streets lined with 15th century Portuguese house and step into an ancient synagogue; the local Jewish community dates back over 2000 years.
Next port is Mumbai, formerly called Bombay. Here one can take a tour of Bollywood, the center of the Indian film industry. After the passengers who left the ship in Columbo come aboard again, the ship is off to Port Victoria in the Seychelles followed by Port Louis in Mauritius. A one day stop in Durban, South Africa, will be followed by two days in Cape Town, South Africa’s capital at the foot of Table Mountain. Here a tour is available of the countryside of Stellenbosch with its famous vineyards, Dutch gabled houses and an old fashioned trading post.
From here the QE2 will steer north as it cruises to Walvis Bay, Namibia. Six days cruising the South Atlantic and crossing the Equator before tying up at Las Palmas in the Canary Islands, with a quick visit to Funchal, Madeira the following day. Three days later, The Queen Elizabeth 2 will tie up in Southampton. The port where the Mayflower set sail from centuries ago, it’s now Britain’s premier seaport and has an historic harbor. A tour will be available for the medieval Salisbury Cathedral. A last the QE2 steers west across the North Atlantic and finally ties up at its homeport for this tour, New York City, after 108 days at sea.
So ends a once in a lifetime world cruise on the Queen Elizabeth 2, celebrating her Silver Jubilee.
Michael Russell
Your Independent guide to Tourism
Am I Meant to Mentor? Five Attributes of Best-in-Class Mentors
As a young consultant I really thought I had it all together. I was getting great ratings, great raises, and wonderful accolades from clients. Because I (in my own mind) thought I was such hot stuff, I was not active in seeking out advice from more experienced colleagues. After all, what could they teach me?
As I matured from an inexperienced hot-shot to an experienced manager, I developed a much stronger appreciation for the wisdom my more experienced colleagues could impart. This appreciation didn’t happen naturally; I had to get my butt chewed off a bunch of times to realize that a wiser and more experienced colleague could help me get through the tough times and learn from my mistakes. I also needed a wiser colleague to hold a mirror up to my face to help me see my weaknesses. I needed (and still need) a mentor to help me be more effective as a leader.
Whether for personal or professional reasons, having a mentor to turn to for advice and counsel is a very effective means of transforming knowledge into wisdom. Before I go any further, let’s get a definition of wisdom in place:
Knowledge + Experience = Wisdom
In a mentoring relationship, a mentoree, or person being mentored, typically brings a lot of knowledge to the table. The mentoree has learned the fundamentals of how to do his or her job and can probably do the basics well. The mentor, or the person doing the mentoring, provides experience. The mentor provides perspective on what to do when things aren’t optimal or when difficult situations crop up. When the experience from the mentor is transferred to the mentoree, it accelerates the wisdom building process because the mentoree now doesn’t have to learn solely through his or her own mistakes. The mentoree is able to learn from a combination of his own mistakes and the mentor’s advice.
For mentoring relationships to work well, I’ve found several items to be very important:
The mentor should not have a direct reporting relationship with the mentoree. The mentoree can feel free to speak about issues which may be plaguing him without fear of retribution from a boss.
The mentor must want to be a mentor. Mentoring is an incredibly important responsibility that is likely over and above any other existing responsibilities. If the leader doesn’t want to be a mentor, she is going to view the time spent mentoring as a nuisance.
The mentoree should have a desire for a mentor. The mentoree needs to see the value in the relationship and have a desire to benefit from the relationship, otherwise both parties will just go through the motions until their time is over.
Be a best-in-class mentor by zeroing in on these five attributes:
1. Be available for your mentoree - You need to define how much time you are able to spend in a mentoring relationship and commit the time to do it. If you’re just too busy to mentor, don’t do it.
2. Make listening a priority - A mentor who listens will understand the struggles and issues a mentoree experiences and can better help him with a solution. The best listening mentor assumes little when talking with the mentoree; she lets the mentoree communicate his struggles and issues, then targets what is most important. Just as important, a listening mentor builds trust with the mentoree.
3. Keep confidences - Any particulars about the mentoring relationship are between the mentor and the mentoree, period. As a mentor, assume that everything about the relationship is off limits for others and ensure that if anything about the relationship is found out it is because the mentoree has divulged it, not you as the mentor.
4. Tell it straight - Mentoring relationships where the mentor and mentoree can have direct and constructive discussions are highly beneficial to the mentoree’s growth. Telling it straight means discussions are constructive, respectful, and specific. Just remember to build trust in the relationship first by being a good listener and keeping confidences.
5. Have the courage to stop if the relationship isn’t working - If you’re having a difficult time connecting on common interests, if meetings with the mentoree feel like more of an obligation versus something you look forward to, or if mentorees don’t pursue meeting, it may be time to call it quits. Some relationships just aren’t meant to be, so accept it and move on. Do look at the reasons the relationship didn’t work out and look for patterns you as a mentor should address that maybe you can work on with your mentor.
Put these five attributes into action to help you be a best-in-class mentor. Do this well and you give something priceless to your mentoree: wisdom.

Lonnie Pacelli has over 20 years’ experience with Accenture and Microsoft and is currently president of Leading on the Edge International. Lonnie’s books include “The Project Management Advisor: 18 Major Project Screw-Ups and How to Cut Them Off at the Pass” and “The Truth About Getting Your Point Across”. Get the books, leadership products, other articles, MP3 seminars and a free email mini seminar at http://www.leadingonedge.com