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10 Ways to Avoid Password Headaches
Passwords are the scourge of the digital age. Again and again, we are tortured by a multitude of passwords that force us to rack our brains for cryptic words like ch14zdo.Get used [...]
01 Feb 2011 | 0 commentsView Post - 01 Feb 2011 | 0 commentsView Post
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Top 20 Most Beautiful Women in the World
The top 20 Most Beautiful Women in the World! With so many beautiful woman world wide. These women are selected from fashion, movies, music and other arenas are filled with exquis [...]
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Victims of Drinking
It’s almost time for New Year’s Eve party! Every year, boys and girls go extra wild on New Year’s Eve without caring what may happen to them. While it’s a happy day for us to welc [...]
29 Jan 2011 | 0 commentsView Post
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Clair Reid Tattoos
Here is the collection of Tattoos by Clair Reid... More than 20 tattoos have been collected for you.... check them out..[...]
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Stylish Bird Tattoo Design
There are various sources that can inspire some amazing Bird tattoo designs. Try and get an idea from some unusual sources. Think of instances when you see a bird looks different on one of your regular event. Such instances can inspire some of the most unique bird tattoo designs.Tattoo design you want to get the color[...]
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Angel And Demon Tattoos
Looking at the meanings of “good” and “evil”; we see a balance in many things around us. In our lives we want to make sure there is a level of balance. One way that many want to show this is through the art of tattooing a representation of angel devil tattoos. But, this symbol doesn’t represent balance in its meanings[...]
Valentine Day Tattoos Designs 2011
Here are some valentine Day Tattoo Designs.. [...]
Tribal Tattoos
Here is a collection of tribal tattoosTribal Tattoo with cloudsTribal Dragon TattooTribal Dragon Black TattooTribal Capricorn TattooTribal Celtic TattooTribal Butterfly Back TattooTribal Back With Kanji TattooTribal Back Tattoo for MenRose Tribal Tattoo Gerry TribalBlack Star Tribal TattooTribal Dragon Tattoo for Uppe[...]
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Hearts Tattoo
A collection of colorful heart tattoos:[...]
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Facebook History
Here we are sharing a funny stuff about Facebook which shows that what would happen if Facebook was there in history and how the major personalities of various time period would use it..... Check this out..[...]
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Victims of Drinking
It’s almost time for New Year’s Eve party! Every year, boys and girls go extra wild on New Year’s Eve without caring what may happen to them. While it’s a happy day for us to welcome the year of 2011, make sure you don’t get too drunk in the party or you may end up looking like these poor victims below.[...]
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FACTS OF LIFE...... Enjoy Reading..
* If your father is a poor man, it is your fate, but if your father-in-law is a poor man, it's your stupidity. * If you are born ugly blame your parents, if you died ugly blame your doctor. * I was born intelligent - education ruined me. * Practice makes perfect.....But nobody's perfect......so why practi[...]
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When Wife leaves Child to Husband!!
Lets see what happens when wives leave their children to their husbands....[...]
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Unfortunate Advertisements Placements
Proper ad placement is very important for any advertising campaign.. Advertisers do pay lot of attention on this thing.. But advertisements placements are not always proper. Sometimes it creates very funny situations. Some of these types of unfortunate ad placements are shown belos...I hope these pictures will make yo[...]
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Who is Intelligent : BOY or GIRL ???
One day, a girl, 16yrs old, heard from her mother that if she does a regular prayer for 4 yrs, a divine "Angel" would come to her in her dreams & give her 3 opertunities to wish anything. So she decided to do it. She completed 4 yrs successfully, doing prayer regularly.Now it was a day for "Angel" to come. So she [...]
Fenugreek Leaves fritters/Methi Vadas:
Ingredients:1 cup Yellow Cornmeal,1/2 cup Plain flour,1 tbsp Cornstarch,1 cup fresh or 1/2 cup frozen Fenugreek leaves(Methi),1/2 tsp sugar(yes,sugar!),salt,few green chillies chopped,1 medium Onion minced,1 tsp grated ginger, 1/4 tsp baking soda,3 tbsp hot oil,and some Cilantro(optional)Method:Mix all the above dry i[...]
Bread Made With Tangy Sour Cream
Bread made with tangy Sour cream, Potato flakes and spices like garlic etc makes this loaf a delectable snack to have any time of the day. It's texture is very soft inside and bit crusty outside since we add a bit a baking soda along with yeast. It bakes to a gorgeous golden color speckled with herbs and spices, toast[...]
Artichoke Hearts and roasted Bell Peppers Farfalle Pasta!
Method:1. Cooked Butterfly/Farfalle Pasta al-Dente, drained and added to a bowl.2. Roasted green and red Bell peppers, few Tomato slices, drained canned Artichoke Hearts, cooled them for 10mins.3. Mixed Pasta, roasted veggies, 1 tbsp Parmesan cheese, few slices of bottled Vinegary Jalapenos, 2 tbsp mixed fresh herbs l[...]
Aloo Biryani with Cucumber Raita
I made this Aloo Biryani the easy way. Instead of cooking and layering like the usual Biryani is done, I mixed the masala to already cooked rice and sauteed Potatoes like Pulao. Instead of Aloos, you can also add mixed veggies or meat to this Biryani masala too.Aloo Biryani:1. Cook rice with pinch of salt, some lemon [...]
Egg Jalfrezi
Jalfrezi is a tasty sweet and spicy concoction of Bell Peppers, Tomato and Onion. You can add any vegetable of your choice or mixed veggies, meat or hard boiled Eggs into this thickish gravy.There are many ways to make the Jalfrezi, here is my milder version since my kids like milder and sweeter sauce than spicy. You [...]
Gobi Aloo Tamatar masala
The title literally means Cauliflower, Potato, Tomato in spices, you can make this with or without sauce. You can add any veggies like green peas and cooked beans to this recipe. Just make sure that you don't cook the veggies to death which leaves the dish without any nutrition! :)Ingredients:1 small head of Cauliflow[...]
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How to Seduce a Woman
Seduction has for ages been the most exciting thing in a relationship. Though most people are clueless as to how to seduce, they do not mind being seduced! It requires some amount of practice to master the art of seduction. But hey, practice makes you perfect! Now that you have nothing to lose, read on for some genera[...]
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How to Seduce a Man
Seduction has for ages been the most exciting thing in a relationship. Though most people are clueless as to how to seduce, they do not mind being seduced! It requires some amount of practice to master the art of seduction. But hey, practice makes you perfect! Now that you have nothing to lose, read on for some genera[...]
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How to Know if She Loves You
It is not an easy job to know whether a woman likes you. Women are by nature, nurturers. It is natural for them to lavish affection and care. So if a woman you like pampers you like a baby, don't take it for granted that she is in love with you. However, if she goes out of her way to make you feel special, then there [...]
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The Second Date
You had the time of your life in your first date. You think of him/her every now and then. You yearn to catch a glimpse of your date and will be thankful even if you get to spend just 5 minutes with him/her. Congratulations, you are eligible to proceed onto your second date. And, if you date is giving hints of meeting[...]
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How to Know if He Loves You
So, you have known this guy for quite some time now. You love being with him and never feel lonely when he is around. Your face breaks into a smile at the very mention of his name. The first person you think of when you get up in the morning is him. But does he feel the same way about you too? Guys are finicky when it[...]
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First Date Ideas
You have finally managed to ask him/her out and the D-day is just round the corner. Though you have been struggling hard to make it special and have left no stone unturned, yet you have a feeling of something lacking in it and would like to be more innovative to add that special zing to make it look fabulous. The obvi[...]
Fenugreek Leaves fritters/Methi Vadas:
Ingredients:1 cup Yellow Cornmeal,1/2 cup Plain flour,1 tbsp Cornstarch,1 cup fresh or 1/2 cup frozen Fenugreek leaves(Methi),1/2 tsp sugar(yes,sugar!),salt,few green chillies chopped,1 medium Onion minced,1 tsp grated ginger, 1/4 tsp baking soda,3 tbsp hot oil,and some Cilantro(optional)Method:Mix all the above dry i[...]
How to Seduce a Woman
Seduction has for ages been the most exciting thing in a relationship. Though most people are clueless as to how to seduce, they do not mind being seduced! It requires some amount of practice to master the art of seduction. But hey, practice makes you perfect! Now that you have nothing to lose, read on for some genera[...]
Facebook History
Here we are sharing a funny stuff about Facebook which shows that what would happen if Facebook was there in history and how the major personalities of various time period would use it..... Check this out..[...]
How to Seduce a Man
Seduction has for ages been the most exciting thing in a relationship. Though most people are clueless as to how to seduce, they do not mind being seduced! It requires some amount of practice to master the art of seduction. But hey, practice makes you perfect! Now that you have nothing to lose, read on for some genera[...]
Bachelorette Party
A bachelorette party is a party held for a woman, who is going to get married soon. It is also known as hen party, hen do, or hen night. In some countries bachelorette party is called as stagette, or may also be referred to as a girls' night out, or kitchen tea in some countries. A Bachelorette Party is an event in it[...]
Bachelor Party Destinations
Your friend is all set to enter his new life and being his close friend, your task is to find the perfect place to end his single days. But it can't be just any place. It's got to be good. Just make his last night as a single man a tribute to the life he's led up till now. For doing so, you must be looking for the tre[...]
Home » Management »
Patience, Decisiveness, and Calmness
The idea of making a living as a day trader appeals to a large number of people, but not everybody has a personality suitable for day trading. Even people that are successful in other fields (even related fields), often find that they are not compatible with day trading. Day trading is a flexible profession (meaning that it can be adapted to suit different styles), but there are a few qualities that all day traders need to have in their personalities, in order to be successful (profitable), and avoid becoming a nervous wreck in the process.
Patience
When non traders imagine day traders, many people think of traders in a trading pit, wearing brightly colored jackets, shouting and waving their arms about. While this may have been true once, it is no longer an accurate image of day trading. Modern day trading is performed by sitting quietly in front of a computer, waiting anywhere from a few minutes, to several hours, or even days, for the next trade to come along. Being able to wait patiently is a necessity, otherwise you will find yourself taking trades that are not part of your trading system (known as making up a trade), and most likely losing money on them. Waiting patiently does not necessarily mean doing nothing, and there are many things that you can do while you are waiting for your next trade. Some day traders join live trading rooms where they can interact with other traders, some traders play computer games and watch movies, and many day traders eat their meals while they are trading (breakfast often coincides nicely with the market open).
Decisiveness
Deciding when to enter and exit trades is one of the most basic functions of a day trader, and it is important that these decisions are made as efficiently as possible. Being decisive is vital to successful day trading, otherwise you will only sit and watch trades that you should have actually taken. Being decisive does not mean being rash, and taking trades that you are not sure about, but it does mean acting promptly when a trade does come along. A common pitfall that many beginning day traders come across is seeing a trade occuring, but hesitating and waiting for the trade to start moving into profit before entering (waiting for confirmation that the trade is going to be a winning trade before they enter it). This always results in an entry price that is not as good as it would have been with a prompt entry, and can turn a winning trade into a losing trade.
Calmness
Remaining calm during trading is one of the most important personality traits for a day trader, but it is also one of the most difficult to obtain and practice. As humans, the natural reactions to a winning trade are excitement and joy, and the natural reactions to a losing trade are panic and sadness, but day traders need to control these emotions, otherwise they will adversely affect their trading decisions (particularly the negative emotions). For example, the panic that occurs after a losing trade might make you take a new trade almost immediately in an attempt to make the money back, even though there was no trade according to your trading system.
Trading in Simulation
Trading in simulation is a good way to practice your patience, decisiveness, and calmness during trading, without risking any real money. After many hours, days, or weeks of simulation, you will have a good idea of how your personality and your emotions will affect your day trading, but even then, there will still be an emotional response when you start trading live.
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