Wednesday, May 30, 2012

Cough with steamed orange

. Wednesday, May 30, 2012
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Got this health tip from a friend via e-mail. If you have been coughing for quite some time, you can try this tip or the "Lemon with Coke" tip to cure your stubborn persistent cough.

I have tried the "Lemon with Coke" tip countless time. It did wonder to my unwelcome and unfriendly cough. Let me know if this "Steamed Orange" tip worked.

First, cut off a small slice near an end of an orange and a small portion of its juicy flesh.


Next, add 1/2 teaspoon salt to the cut off fleshly portion.


Now, pierce a toothpick to the small slice of the orange to hold it in place of the bigger slice.


Now it is steaming time. Put the orange and the bowl to a cooking pot filled with water and steam it for 20 minutes.


What are you waiting for? It's sipping and drinking time. And don't miss the sour and salty water in the bowl. They can do wonder to your cough!


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6 Most Clickable Banner Ads

Banner ads? What banner ads? That's why most banner advertisements attract such a low click through rate. It seems as though we are blinded by them, as though they don't even exist on our screen!

But these 6 banner advertisements really turned the table around. They put a new meaning to the word "clickable ads"!

1. We all know that Ikea is tied up with DIY furniture assembly. Who would ever imagine that they would step things up by letting their loyal fans DIY their own banner ads.



2. Cadbury rewarded its million Facebook's fans  with giant chocolate thumb up. This Cadbury banner in Facebook lets its fans adding chocolate to the master piece by clicking!

  

3. If it is from Apple, it must be out of the box. Right? Well, I'm sure you would pay attention to this eye catching "Mac vs PC" ads by Apple's UK .





4. Ok. Now it's Apple's US turn.





5. Believe it or not... Stride's ridiculous long lasting banner ad took off 67 minutes from a die hard surfer. He surely is one hell of a gamer! 






6. Music never fail to do its wonder. Capitalize on this, Met Life makes you want to lend a hand (a finger actually) to help Peanut's Schroeder in playing the piano.




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Saturday, May 26, 2012

Cracking the credit card code

. Saturday, May 26, 2012
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Credit card. Yes, most of us have only one card, thanks to the Malaysia government's effort in trying to curb the high spending spree of the Malaysians public. With the RM60 fee imposed annually, it is practically "free money" for the government cash cow. With this "blanket rule", I suppose the money collected will be used to lower the outstanding debt incurred by the man in the street! Fat chance!

Ok! Ok!. Before I veered too far away from the topic, the 16-digit credit card number is there for a reason. I guess everything in life happens for a reason as well. Only thing is, people find it difficult to accept.



Do you want to be a master of card validity checking? No, no, you don't need any complicated card scanning machine. All you need to do is to master basic arithmetic and you are on the way to be ONE!


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Tuesday, May 22, 2012

Mindset of the Rich and Famous

. Tuesday, May 22, 2012
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Why do most people stay the way they are? I mean financially. Most people are categorized into the average working class group, and most of them, yearn to be rich one day. But getting lots of money is easier said than done, and most of us, (pardon me, if you are a millionaire, reading this) will stay the way we are.



After going through life for years, our lifestyle and habits are drilled into us pretty hard. For this reason, it would be a mammoth task to change in order to achieve something different or extraordinary. If we want to change things are, we can only make those changes by changing the way we think and do things. Some ways of doing things, same results. This brings us to a change of mindset.

Changing one's mindset and then doing the necessary stuff involves lots of scarifice, hard work, effort and time consuming. Stick to our present ways of doing stuff and we will get the same things. Not that it is bad, it is actually OK, if we are satisfied with the present situation, stick with it. Why change if we are happy?


But if there is a little corner in our heart that tell us that we want improvement, we want different lifestyles, we want freedom, we want to help people (yes, to help others, we need to help ourselves first), then we just got to change our mindsets.

We just have to think how the millionaires think. Do they think like us? Are they afraid of taking risks? Are they complacent?

One thing that never fail to intrigue me is my friends' behaviour. When I tell them that there are two things in this world that have unlimited potential of wealth with little capital layout, they will think "there goes the day dream man again". Not to say that they don't believe what I said, but they sort of want me to prove to them first before they delve into it. Or in another way of putting things, they want me to get rich first before they want to get rich. Thank you for the honour but what if I didn't make it and they would have missed the gooes that lays the golden eggs.


One of my close friends often confided with me that he is unhappy with his current job. He further added that he is just counting the days, like life is a torture and he hope to do something else. "Something he likes", he added. Last year he mentioned he loves investing a lot, such as buying shares and real estate properties. So, being a good friend, I told him to go ahead. Get some money out and plunge into it. Today I found that he still haven't taken any action; he is still in planning stage, still considering the options. And still dislikes his job.


So being a good friend again, I told him that there are two things that have unlimited potential with little capital layout, which are internet marketing and trading (shares, currency and options).It just as though they are money printing machine. He asked," Have you made any money with them?" Ok, fair enough, he worried that it can't be done. So I added that I know someone who already made tons of money with such method. It is the real thing. It can be done by the average Joe, with little capital layout. I saw him with the livng proof. He just kept quiet. Well, maybe scepticism gets the better of him and hinders him for venturing into this area. 


I guess if we can change our mindsets, we can really change our future and we can have almost everything that we want. There is no free lunch, we still need to put in efforts and time. And that starts with a change of mindset. We just can't expect money to drop from the sky, can we?


So what are the mindset of the rich and famous? The millionaires? They are not afraid to take risks. When they failed, they try again and again until they suceed. Every failure is a step closer to success.
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Monday, May 21, 2012

So you want to be rich ...

. Monday, May 21, 2012
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Do you want to be rich? Yes, yes. So does almost every single souls in this planet. But do you think you can really be rich one day?

Hmmm, to be rich, you just got to think like the rich people. How do you think? Are you thinking like those in the rich or the poor group?



If you do think as those in the poor category, I guess it's time to switch your thought if you are really serious in becoming rich. Atleast it is still not too late...
   


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Sunday, May 20, 2012

Heard of Warren Buffet?

. Sunday, May 20, 2012
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Warren Buffet. Yes, I am sure that many of you heard of him. If not, maybe you are living in another planet and not interested in making money at all.

Warren Buffet is among the richest man in the world. Booking his place among the top of the 5 richest men in the world, he would have made one millionaire by now if he invested $1,000 in his Berskhire Hathaways company back in the '60s. Yes, he does possess the Midas touch.

How did he do it? He simply invested in undervalued companies and keep them for a long, long time. My, my, he doesn't even have a computer in his office to do this. He is really a low tech guy. A stock market junkie? Doesn't look like one to me, but he sure know a lot about the companies he bought.

If you are interested to know the keys to his success in his billion dollar wealth, watch this 47 minutes video.



If you got time on your side, maybe you could duplicate Buffet's strategies in making your wealth. But I guess you wouldn't want to duplicate his lifestyle after you get rich. Junk food for breakfast is definitely not on everyone's plate.

And here's a talk Buffet gave to UGA students.




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Friday, May 18, 2012

Trading for a Living : Is it possible?

. Friday, May 18, 2012
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Trading for a living. Is it possible? There is even a book titled Trading For A Living by Alexander Elder. I think the psychology aspect touched by the Elder is the most important element that will determine whether a person can make it in the trading world.




Many people failed in trading, especially those from the employment sector. Why? Because of their mindsets. They can't change their mindsets.For example, we were taught from young that failures are bad. Our educational systems discourage failures. So we struggle hard at all cost to avoid getting failed. We are afraid to make mistakes. If we fail or make mistakes, we will be punished or scolded. See? Our educational system and upbringings sure know how to drill the negative side of failing into us.

But in trading, if we can't accept failures and mistakes, then we better leave trading for good. To drink this cup of tea, we need to accept failures and move on. We need to swallow our ego and pride and admit our mistakes and open the next thousands of trades. Take the blame! Nobody is at fault other than our own self. How many of us can do that? A rather tall order, isn't it? An astounding feat?


In trading, we won't be necessary rewarded even if we have been doing our homework. If we got our trade direction wrong, get out. Cut loss! As trading is speculative and to a certain degree gambling (if you don't know what you are doing),  our trade position and direction won't be 100% accurate. Just because we pour in tons of hours and efforts to come out with the trade decision, we will still get it wrong, sooner or later.It is just a matter of probability, we are not god.  As we can't control Mr Market, and he won't bother how you feel and whatever loss you have, we better be humble, admit that we are wrong and limit our risk to the damage done.

But most people won't do that because they want to get even with the market. They feel that the result is not justified, after all, they have done all the hard work. And this will lead to a loss of capital. Money. Therefore, be prepared to have the financial muscle to withstand a period of at least 6 months to a year or two without income as it is real difficult to even keep one head above the water. Yup, adopt this mindset if you are seious in making trading as your career. The pressure and stress of meeting ends meet will only make the matter worse. 

"Trading is so tough" How could one make it? Passion! We need passion to trade. Where would you get all these requirements of trading : high level of commitment, endless hours of screen time ( at least initially), endless research, discipline, focus, perserverance, resilience and patience IF you don't have passion? You would surely "burn out" after a few months and GIVE UP! And that's exactly what happen to most people.


Another thing is our emotion tend to often interfere with our trading. Do you feel high when you are on the right side of the market and feel like the world is like hell when the trade goes the other way? If you can't control this emotional roller coaster, than you won't be able to trade profitably. You will be depleted of energy very soon. More tired than working!

Easy said than done. Detach our emotion from trading. That's why High Frequency Trading (HFT) is so popular in recent years. It contributes more than 75% of the trading volume. HFT is automated trading, the programs are making all the decisions to buy or sell. Thereby, emotion is taken out of trading. Programs based on trading strategies that are continuously being tweaked to make one profitable.

I must emphasize that if you are one that think trading is easy, then you better skip trading. You will save yourself a bundle. TIME and MONEY. Trading is easy only for those who have made it and making a living out of it. Until then, you must spend lots of time and efforts to improve your trading skills to reach that level. Screen time is very important in trading. For me, spending countless hours on the screen with my mind continuously grinding, does go into the right direction to improve my trading skill.

This 27-min video paints some very good points on trading. One of the guys said that they went through a lot of failures to get to where they are now. So learn how to fall down and bounce back over and over again.



I particularly love the advices given by each of them at the end of the video ( 26-min).

"Loose your ego an your pride".

"Stay flexible in the market".


So the trading part is just part of trading. There are still a lot of work to be done, back testing, analyzing, screen time, recording etc. Trading is a money game, so, if you know what you are doing and got it right, you are definitely able to trade for a living. And you will rewarded with wealth beyond your imagination. And I WANT to hear that you are successful in trading when you make it ONE DAY!

 





  

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