In Part 1 of Designing a Trading System in MetaStock, I had discussed the major components you needed to be able to track to create a mechanical entry system. These were measures of price, liquidity, trend, and volatility. The question now is, how do we code this into MetaStock?First, let me offer you the most valuable piece of knowledge I have acquired over the years about MetaStock formula writing. This one secret will turn you into a MetaStock...more
Although there are advantages to selling other people`s products and services, there are also drawbacks. For example, the lack of exclusive rights to your own proprietary product can mean that you are just one of thousands selling the same thing. Excessive competition can cause you to drop your prices and to lose sales, thus affecting your profits and cashflow that are so essential to your business survival.For this reason, you may decide to develop your own proprietary products and services, either exclusively, or to complement your line of other people`s products.After creating your own proprietary product, you could spend millions in manufacturing and marketing costs. You could go bankrupt before you even had your first sale.Here, then, are just a few, low-cost ways to profit from selling your own proprietary products and services.1. LicensingInstead of trying to finance the manufacturing and marketing of your invention, why not license it to a company with the expertise and capability required? You will then receive royalties in return for your idea.2. ExportingExporting your product to other countries can dramatically increase your sales. Hiring an Export Management Agent can...more
Many people today who are looking for online income opportunities quickly realize that money making websites are a top internet business start-up idea.There are a few keys to turning your website into an income generator. It's more than just having a beautiful website with all the bells and whistles. In fact you can't be too fancy.Your main...more
About Municipal Bonds and Online Portfolios A Municipal Bond is essentially a promissory note issued by the city or local government. It offers a certain rate of interest for a fixed period of time. Municipal bonds are similar to other debt collecting instruments such as notes and debentures. Other than a city or local government, in...more
Mathematics is unerring. As a child we are taught that 2 + 2 = 4. This will never change and will always yield the same results; except when it comes to calculating you phone bill. Most long distance carriers advertise their low rate per minute costs. However, before you can really make an informed decision as to which carrier offers the best value you need to consider all of the "other" costs that may be buried in the fine print. Read all of the restrictions and costs in detail then analyze these "added" costs against your specific calling habits. Only then will 2 + 2 truly equal 4.For instance, many carriers will charge a monthly fee in order for you to qualify for their low rate per minute charge; while other carriers will impose a minimum monthly usage charges. If you fail to reach this minimum usage then you are charged added costs. The key to getting the overall best value on your long distance is to review your monthly statements and analyze your calling habits. The key things to look for are the total number of minutes, call duration, for all of your long distance calls. Does this number change every month or is it more or less constant? Is there a particular state or...more
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Having a great resume is the first critical step in a successful job search. Unfortunately, most people don't know the best ways to get that resume noticed. In today's job market, where you are competing with hundreds of other resumes, knowing the...more
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Author: Gregory DeVictorSlot machines are the most popular form of casino entertainment, both at land-based and online casinos. Charles Fey, an enterprising American, invented the first slot machine in 1898. His "Liberty Bell" was a three-reel slot...more
Much has been said about online learnings advantage when it comes to expenses but some concerns have been raised saying it costs just the same as going through traditional classroom learning. The answer actually depends on several factors such as...more
I am delighted to say that I am a credit card deadbeat! In fact, some of you might already be credit card deadbeats too, if so, I commend you for your excellent work! Now, as for those who don't know what a credit card deadbeat is, before you start...more