Category Archives: General

How Long It Takes to Become Profitable at Trading and Investing

As a human being, you will make mistakes. None of us are perfect and, to me, that is something that is perfect about us. The point being that if we were theoretically ‘perfect’ then life would be a bore and there would be no room for growth. So, it is perfect that we are not perfect. However, many of us were never taught or guided on how to use the mistakes and errors we make to our benefit. There are many negative things people do because of their mistakes, but one of the worst things that many do to themselves is that they mentally beat themselves up.

One question I often get from students is “How long will it take me to become a consistently profitable trader?” Or, “How long does it take the average student to become a consistently profitable trader?”

Students want to know how long it will take them so they can plan accordingly. So, they will know when the ‘big bucks’ start rolling in. What I have found is that it is not that simple. What takes someone 6 months to learn can take someone else 24 months to learn. Or 60 months to learn. Or 2 months to learn. Or some may never learn how to do it.

The fact is each person is unique in their abilities to achieve things as well as unique in the speed at which they accomplish things……and to compare oneself to others or to where one arbitrarily thinks they SHOULD be, does nothing but HURT one’s abilities to accomplish one’s goals.

In fact, I would go so far as to say it is one of the MAJOR reasons why people fail at trading and investing.

This self-criticality is the eye of the Trading Storm which some traders allow themselves to get sucked into and once one is sucked in, it’s hard to get out.

The thing is that most think that it’s LOSSES that can suck you into the storm. Although it’s true that losses can often ignite this falling into the Storm of Trading, the surprising thing is that losses are NOT the only thing.

In a sense, many folks put themselves in a position where they CANNOT WIN. Specifically, we all realize logically that once something has happened it cannot be changed. We cannot change the past.

So, after this ‘something’ has happened, what do people do? I find there are really 3 judgements of the ‘something’ that has happened that drive the response…although as you will see the usefulness of the responses are all similar.

1) The Result is judged as something BAD that happened – if this is the case, they beat themselves up over the mistake, what was done wrong, and they replay it over and over in their heads. They ask themselves really POOR questions (which beget poor answers) such as… “How could I be so stupid?” and “What is wrong with me?” “Why do I keep doing this to myself?” “How come this always happens to me?”

If you ask poor questions you give yourself poor answers. Answers like “Because you are stupid and you’ll never figure it out.” “There’s all sorts of wrong with you.” “Because you’re stupid, stupid.” “Because you’re a loser.” Etc.

2) The Result is judged as something NEUTRAL that happened – if this is the case, they beat themselves up over the fact it wasn’t good enough, that they are just average, and this is why they never get anywhere, etc.

3) The Result is judged as something GOOD that happened – if this is the case, they feel a momentary sense of satisfaction, but then they beat themselves up over the fact they could’ve done better, or they dwell on the fact that nothing good ever happens to them so it’s ABOUT TIME that something good happened and the victory is spiteful…almost like a sore winner. Plus, now in the back of their head they ‘know’ they are overdue now for a BAD thing to come along.

Isn’t it amazing how many can turn a great result into a something with a negative impact?

While reading Warrior Trading review at tradingreviews.org, what I noticed is in trading this is relevant in the following 3 areas:

1) Trading losses – the emotionally immature or ill-developed will beat themselves up over losses, severely crippling their ability to learn from their losses which results in repeating the same mistakes over and over.

2) Break even trades – this is also a real frustration for the trader even if the trade would not have worked out – because instead of seeing that the stop saved them, they will focus on how stupid they were to take the trade in the first place or some other hindsight biased based thinking.

3) Winning trades – the fact that it is near impossible to get out at the absolute top will have many ill-developed psychological traders thinking that they are a loser because they didn’t get a dollar out of a dollar move.

Please note that those who think negatively or do the things above can twist EVERYTHING that happens in their lives – good, bad, or otherwise – into a negative and painful experience.

But the amazing thing is that ANYONE can change their thinking so that EVERYTHING that happens in their lives – good, bad, or otherwise – is twisted into a positive and uplifting and useful experience for the present and future.

So the key is not whether an event is judged as BAD, GOOD, or NEUTRAL – Successful mindsets will turn EVERYTHING towards their benefit, and Unsuccessful mindsets will turn everything AGAINST themselves and their goals.

Unsuccessful thinking processes are for the most part, unconscious and part of one’s programming. So it’s easy to go through life oblivious of the fact that one may be getting in their own way… that they are their own worst enemy to progress and fulfillment. One has to step back and become AWARE of what they are doing, then measure, and make changes if necessary. But sometimes that thing called the “EGO” gets in the way.

Realize that how long it will take YOU to become a consistently profitable trader is up to YOU. It doesn’t matter how long it took anyone else you know, you have to decide for yourself. You need to work at your pace of learning and gaining experience and recalibrate and move along the way. And if you focus too much on a timeline that is based on other people and/or unfounded imaginations of how long it ‘ought’ to take you, then you will find that the pressure you put on yourself will have a high chance of driving you to failure.

Features Of Under Counter Ice Maker

In some families they use to have refreshment drinks with an ice cube during summer. For such individual it is necessary to own the ice maker. The standard refrigerator will have one small tray for preparing ice cubes. It is not enough during the summer or during the parties at home. So, there comes the necessity of ice makers. The ice maker are available in the market with two variants like, commercial ice maker and household ice maker.

The household ice maker is enough for the regular usage and under counter ice makers are good choice. It saves the kitchen space as it can be kept beneath the kitchen rack or in the utility area. Using these ice makers, we can produce enough amount of ice cubes required in a day. In case of parties also, the supply of ice cubes can be made without any hassles as it has lesser recovery time. Approximately it takes half an hour to produce the cubes and it is very much acceptable.

It is better to measure the space before the purchase of ice maker. Because according to the available space we can choose the appliance, so that it fits well in the cabinet. The features differs with the quality of producing the cubes. In normal refrigerators, the ice cubes looks something like cloudy where as in the advanced model it produces the crystal clear cubes. The reason is, during the freezing process the chances of mixing of air or other forms of impurities are less in the advanced equipment’s.

The under counter ice maker will have the features of producing the ice in various shapes like cube, crescent, ball shape, ice nuggets and few more. In this category of ice makers, we can also find crushed ice makers which produces the ice flakes. It is better to choose the ice maker with air cooling system, so that it reduces the temperature of the equipment by reducing the air temperature inside the appliance.

The ice maker with water cooling system results in energy efficiency as it doesn’t heat up soon and the noise is very less during the operation. It is an important factor to consider the quantity of ice production which should make the required supply. The under counter ice makers are user friendly and it can be carried for outstations as well. The durability is also an important feature of ice makers.

Learn Spanish

Have you ever tried to listen to a Spanish conversation and realized that you could barely understand what the speakers were saying? Perhaps the speakers were too fast, but that won’t matter to you anymore if you stick with me for the next few minutes. Also, learn how to improve Spanish listening online quickly with these simple and inexpensive tips.

Download a Spanish Audio

The Internet is filled with thousands of Spanish audios which can greatly help you to improve your Spanish listening skills. As long as you have a mobile device that is Internet enabled, you can always search for the best Spanish audios and then listen to them whenever you wish. In addition, the greatest advantage of downloading a Spanish audio from the Internet is the wide variety therein.  In most cases, the audios are posted by professionals who edit them to be slow paced for easy listening.

Listen To Spanish conversations on YouTube

YouTube has changed the lives of millions since it was invented. Nowadays, no one needs to drive for an hour just to attend a thirty minutes’ Spanish language class. Instead, you just switch your laptop on and subscribe to YouTube to listen to Spanish conversations and also watch as people speak Spanish.

Download e-books with audio lyrics

E-books are another important source that Spanish learners can take advantage of. In our case here, where you are learning how to improve Spanish listening online quickly, downloading or purchasing e-books with audio lyrics can be of great advantage to you especially if you have some basics in reading the language. By reading an e-book, and as you listen to the words being pronounced on the background, your understanding abilities soar, and the more you combine reading and listening of Spanish, the faster and the better your Spanish listening and speaking skills will be.

Listen to slower versions of movies

Listening to a Spanish movie is one way of learning how to improve Spanish listening skills, but listening to the same version albeit with slower audios, can be a better way to help you learn how to listen to Spanish conversations better. Slower versions of Spanish movies and songs are readily available on the Internet if you search for them.

Finally, understand that the only sure way to help you improve on your Spanish listening skills is by practicing and listening to more and more Spanish conversations. That said, make the Internet your friend and you will never struggle listening or speaking any new language, especially Spanish.

Get Your Car Insurance Online

Nowadays, getting online car insurance quotes is becoming more and more popular.  This affords utmost convenience for the insured as well as faster response time and less paperwork for the insurance marketer.  Initially only the quotes were given online and the rest of the procedure was done manually.  Lately however, online insurance purchase is already possible.  In fact, you can even download and make a printout of your proof of coverage.

Some online Toronto car insurance sites will go to the extent of providing you with comparative quotes – quotations of different vehicle insurance companies for a particular coverage.  In doing so, you need not leave that website since canvassing can be done while accessing that single site.

In spite of the advantages, online car insurance transactions have their limitations.  For one, they lack the personal touch, which many require when it comes to purchasing intangibles.  When you transact over the web, you have no recourse but to rely mainly on reviews on the marketer.  Also, multiple transactions which could bring about a lower insurance premium may not be accommodated.  This means that if you want coverage for your house, pet, and car with the same insurance company (which normally would result in a lower combined premium), this may not be properly handled through internet.

Whether we like it or not, e-commerce is starting to become the norm.  In this light, we have to get accustomed to transacting online.  After all, this may be the only acceptable mode of doing business in the very near future.

Women’s Designer Watches – A Buyer’s Guide

Watches are a part of our everyday lives because they are extremely functional and practical. Women’s designer watch makers understood how the women feel about having a watch that will perfectly match their outfits and personal style. This need has opened the door for watches to become far more desirable and appreciated as the form of style and design. Many women like to wear watches just as how they prefer the matching jewelry to their dresses and colors to suit their needs. Most modern women atleast owning three to four watches to changed according to the type of outfit they wear.

The Appearance:

Some women give much importance to the type and brand of watch, they are purchasing. When a woman buys a designer watch, then they will consider the crucial factor as the aesthetic components. This means the fact that the brand name or type does not matter when one gives importance to the style, flair, and fashion. Such woman will give importance to the appearance of the watch. Some of the stylish and elegant brands of women’s watches are Fossil, Micheal Kors and Ice Watch etc.

The Display:

A designer watch’s display plays an important role while selecting the watch. You have two biggest choices while buying a watch such as digital or analog display to suit your personal needs. While buying a watch, most women will choose to buy an analog display because of its pleasing look. But this doesn’t mean that the digital watches are not attractive. Ross McBride have many digital display watches available with stunning options that are perfect for some stylish women.

The Band:

Women’s designer watches band model is another thing that determines the right purchase or not. There are many different materials used to make designer watch bands such as brass, ceramic, gold, leather, resin, rubber, and stainless steel.

Though there are many materials used to make bands, gold and stainless steel are the most choices for watch bands. Because, such materials give the watch more style and appear like jewelry. But still many women prefer to buy the designer watch that actually features a leather band. Thus, women will look for the above features while buying their watches.