5 Case Studies in Liability Disasters

It’s simply human nature to think that no harm will ever come, or hit close to home.  Unfortunately, things go wrong from time to time. Because the unexpected is possible at any given moment, it’s vital to have insurance, business insurance, liability insurance, and professional liability insurance for the best prevention possible.  As the old saying goes, “Hope for the best, but prepare for the worst.”

Thinking Like a Professional Trader

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The Basics of Engulfing Patterns

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Doing What Makes Sense

There are milestones in everyone’s life; times when you both celebrate and reflect on your current position and look for a way to use what you have learned in order to make your life better. Turning 50 is one such milestone, and more than anything else, it gives you what so many of your younger colleagues lack: a little perspective.

Pedal power rules: just make sure you’re insured

With the rise in environmental awareness and the need to maintain a healthy body, owning a bicycle has never been more popular. Indeed, according to the latest statistics, there are now over 23 million cycles in the UK, with around 60 per cent of those being used for commuting or professional purposes.

The Basics of Volatility

For the unseasoned trader, volatility can seem scarier than it is rewarding. Profitable traders are able to generate profits on volatile and slow markets alike, but the really big wins come from when the market gyrates up and down at a quick pace.

How to trade volatility

What’s Inside Relative Strength

When stated in a mathematical sense, RSI seems more difficult than it actually is to both use and understand. To evaluate the relative strength by hand, the trader must know the formula for doing so. The RSI is simply 100 minus the quotient of 100 divided by 1 plus the relative strength. Relative strength is equal to the average gain divided by the average loss. The average loss should be stated in a positive number to make this work.

After looking at the math, it’s no wonder that professional traders use computers to decipher the RSI. Short, quick trading, such as scalping or day trading, would never allow the time needed to make these calculations on each bar.

A Little Advice Goes A Long Way

It usually starts off during New Year’s resolutions; making promises that you will spend less and save more. More often than not, however, this claim normally lasts until the January sales begin and previous spending habits then inexorably continue.

Don’t Give Back Profits

To maintain a healthy bottom line, traders must learn not to give back profits. After racking up a very healthy trading portfolio, many traders get the idea that they are infallible and every trade will come as easy as the last. After gaining some experience, nothing should motivate traders as much as a trading plan that monitors trading structure, while helping the trader follow through only with quality trades.

The Do’s and Don’ts of Shorting the Market

The Do’s and Don’ts of shorting is actually very straight forward, yet many traders heed this advice only to lose money. Shorting any tradable good is a dangerous position by nature; short sellers can lose more than their investment while potentially profiting only as much as 100%.

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