That's a great investment if you have a 15% return on investment. You haven't made a penny. You haven't even made back your money yet when it's increased 14%, and if it increased 14% and you sold, because of slippage, you would probably still break even or end up slightly in the hole on that stock. That is why I suggest you do not invest any less than $1,000 on any given trade.
If you don't have the money to invest $1,000, save your money and spend your time right now researching and learning more. I promise you guys, I know you're eager to get into the stock market, but it will not hesitate to kick you right in the gut and send you back to your chair, okay? It will teach you a lesson whether or not you want that lesson, I'm gonna be honest with you guys. Okay, so my fifth tip for a beginning stock market trader is do not buy the news https://casinoslots-sa.co.za/first-deposit-bonus.
This is something I did many times over and over, and it's something a lot of people do. You go on NBC or any news channel and you watch the money and the financing reports and the shows that are all about the stock market and they talk about what the newest hot stock is, and I know earlier in this video, we talked about the herd mentality, and when you run with the herd, you're trading like a sheep. What that means is you don't have the confidence to make your own investment decisions, so you'd rather have somebody else tell you what to do, and when somebody else is telling you what to do, it makes you feel like, okay, if I lose money, I can blame them. You need to hold yourself accountable for your trades, and one way of doing this is don't trade the news. There's a lot of people out there trading the news.
A lot of people watch the news and a lot of people trade the news. What you want to do instead is you want to buy the rumor, sell the news. So let's say for example there's articles out there saying okay, this company may be releasing a new product on this date, that's a rumor, okay?
It's possible that it's just a rumor and it's not true, but on the chance that it's true, you may want to make a small investment in that. Then you find out, okay, it wasn't just a rumor, it was true and then they release this new product, the stock goes flying sky high. That's the point when that stock becomes news. That's the point when all of the sheep are dog piling into that stock and it's going way high, but you bought before people knew what was going on. You bought before it was mainstream, and as such, you paid a lower price for that stock, and now you're able to make a comfortable profit.
Sell while it's safe before that hype ends and the stock falls over, because it's my second point here, guys. Hype is not a safe investment. I don't like to trade hype. Okay, so my final stock market trading tip for beginners is this. Checks stocks a few times a day. I actually forgot what it was, so I had to turn around and look at that, so if you're wondering what that was, I completely forgot what my tip was, but now that I jogged my memory, let me elaborate on that for you guys.
You don't want to check your stocks every minute of the day. I know it's exciting, it really is, that's the reason I trade. It's an adrenaline rush when all of a sudden you buy a stock and it's going sky high, and all of a sudden you're like "I actually made money trading a stock, oh my god." But you don't want to just sell immediately because there's potential for more, and you don't want to be watching the stock so carefully that you get shaken out of the position too early. I've done this many times, where all of a sudden I'll check my stock, like you know the stock market opens at 9:30.
Okay, tip number four, quick and easy one. This is something, again, if you haven't guessed, these are all mistakes that I've made in the past, and I'm sharing these with you. So this is something I did over and over in the past. When I first started trading, I put like $500 in my trading account, and I was like "well I don't want to spend it all in one "place, so why don't I buy a couple of different stocks?" Diversification is not a bad idea, but when you invest so little, you have to overcome your commission before you can even make a profit, and in most cases, you're never going to, and let me explain to you why that is.
If you don't realize this, just because this is a beginner's video, I want to explain this. When you go on any website, Etrade, Scottrade, when you're going through an online stock broker or any stock broker, they're going to charge a commission for trading your stock. The prices vary based on websites or based on if you're using a live broker, whatever you're using, a human broker, but for me online, I trade with Scottrade, and it's like seven dollars a trade. Some of the sites are a little bit more, but Scottrade seems to be the best bang for your buck as far as what I've found, and just throwing this out there, I'm not paid by Scottrade, I wish I was, however I'm not, but I just like to tell people exactly how I do things because I like to be transparent.
Even if I'm not getting paid for it, I want to be honest with you. So when I was trading with Scottrade, I bought a number of stocks in companies, you know, or I bought a number of company stocks, spending about $100 on each trade, so here's the problem with that. Let's say you spend $100 in stock of the ABC Company, which, it doesn't exist, I just made that up, but you're gonna pay seven dollars on Scottrade to buy that stock, all right? Then you're gonna pay seven dollars to sell that stock, so yes, you pay commission every time you trade.
A round trip is opening and closing a position, so every round trip, you're gonna pay $14 in commission, so that means that 14% is how much your stock would need to increase just to offset your commission costs. Let me say that one more time. 14% before you even make a profit. Let's not talk about slippage, though, or no, let's talk about slippage because what is slippage? Slippage is the difference between the buy and the ask price for that stock. So just because the stock is trading at a certain value, doesn't mean that you're going to get that exact price for it.
Now when you trade a higher volume stock, there's less slippage because there's more trading going on, but you could possibly, if you're trading a lower volume stock, have a good amount of slippage, which means that maybe the stock is trading at $20.10 a share, but you only get $19.99 a share for it because that's what the current buy and ask prices are for the stock, so you won't necessarily get the quote of the stock at the time because of slippage. So your stock needs to increase 14% in value plus whatever slippage is involved before you even break even. So let's say you were trying to make $20 on this stock. You invested $100, you're hoping to get $120.
That means that the stock would have to increase 14% to 114 before you even made any money, and then account for your slippage. You're talking about having that stock raise 30 or 40%, somewhere around there, before you even make any money on that. You know, that's the point when you're making your $20, but even if the stock increased 15%, which, ask anyone, that's a great stock.
I'm sure every person you've ever talked to about trading stocks has told you this piece of information, but nobody follows this rule, and I'm going to explain to you why. You need to be going against the grain with your trading. You don't want to be buying a stock when everybody else is piling into it. That is called the herd mentality.
In my ebook, I talk about how there's three types of people who trade out there. There's people who make bearish investments, those are people who are betting on the stock to go down, and they make money from falling stock prices. There's bullish investors who are betting on the stock to go up, and they make money from rising stock prices.
For the most part, that's where the majority of people are trading, and then there are the sheep, and the sheep follow the herd, being led by other people because they don't have the confidence to make decisions themselves and they get slaughtered by the market. The stock market is unforgiving, it's true. It really is, it can make you or it can break you, there is no forgiveness when it comes to trading stocks. So if you go online and you do what I did where I was going online and watching what stock was way the hell up, it was flying, the sky's the limit with this stock.
You got people on the news just talking about this stock left and right, everyone's piling into it, I was like, I can't lose, I better get into this stock while it's up. You want, your mind tells you you want to get into a good thing, and we see a stock in decline almost as a sick stock, and you can't look at it that way. You want to buy low. You want to buy that stock when everybody else is selling. You want to be seeing people on the news saying "get rid of this stock."
I mean, within reason, if you see other reasons to buy that stock. It's not like you just want to go out there and buy a loser stock, you want to do your research and understand why this stock is going down in value, but you don't want to buy stocks that are sky high. They're gonna come down. It's all hype. You don't want to buy stocks based on hype. You're going to end up losing a lot of money that way.
I can't tell you how many stocks I bought based on what I saw on the news. I know one of them, like I said, I bought a jewelry company, I bought Signet Jewelers and for some reason, I read an article on seeking alpha or one of those trading sites that was like, this stock has unlimited potential, we can see this stock trading 10% above where it's trading in the next two months, and I was like, of course it will, it's so high right now. You know, my head was in the clouds with the stock, and unfortunately, reality set in and the stock went down and I lost money and I sold down. I bought high and I sold low, and everybody seems to understand this if you ask them how to trade stocks. They will say, if you tell them "buy low, sell high," they'll say "yeah, but give me a real piece of advice," and they don't follow this key rule. This is like the cardinal rule of trading, and I know every time I talk to people about stocks, and I give them this piece of advice, they think I'm being an asshole, but I'm not.
People don't understand this. This is the cardinal rule of trading. They think I'm mocking them, like oh, here's the tip, guys, buy low, sell high, but it is the cardinal rule of trading and you may think you understand it, but I didn't understand it, even after reading book after book, I didn't get it until I really realized what I was doing. You do it without realizing it, you buy a hot stock in the news. You don't want to do that, it's as simple as that.
Hi everybody. I'm sorry we didn't get a larger room. We really didn't know that we'd have such a great crowd. But, thank you very much for coming.
I'm Peter Allen and I'm the director of Google University and I'm honored to invite today--introduce Charles Nesson, a professor at Harvard Law School, the founder of the Berkman Center for Internet and Society, which focuses on the legal study of cyberspace, has many great legal credentials which I'm going to skip over. I will mention that he's a graduate of both Harvard College and a summa cum laude graduate of Harvard Law School, where he's been a member of the faculty since 1966. He is also a founder of the Global Poker Strategic Thinking Society which focuses on developing an academic curriculum that uses poker as a teaching tool. Charlie has been an active player in some of the most high stakes episodes in recent legal history.
Among his many accomplishments, he hit the jackpot litigating the case White v. Crook which made race and gender-based jury selection in Alabama unconstitutional, and defending Daniel Ellsberg in the Pentagon Papers case. I'm as happy to welcome him here as if I drew an ace high flush on the river, Charles Nesson, Andrew Woods, Poker Teaches. >> NESSON: Thank you very much Peter. So, I'm a child of the 60s who smoked too much grass back then and really never stopped and--I got into this poker stuff on a sabbatical at one point, in 1980, when I ordered an IBM PC and waited for it to be delivered and I had learned Pascal thinking that I would do some programming. And when it came, of course, it didn't have Pascal. That turned out to be vaporware https://casinoslots-sa.co.za/eco-payz.
But, it did come with Basic and I wound up programming five-card draw jacks or better poker in basic. And found myself fascinated with the bluffing algorithm. It's like my major in math in college was mathematics and I'd had the experience of programming on UNIVAC I when I was an undergraduate, and then to be able to actually write a program that played reasonable five-card draw jacks or better was just an amazing thing to me. I get into the internet really 1994 in my law class, I teach a class called Evidence, which is like an amphitheater, Harvard Law School class about how you proved the truth in court, and was blessed with a small grant that let me get a bunch of computers into the classroom.
I rented 20 Quadra machines and formed my students into groups of eight and had them work on these machines to do projects and--then we brought them into the classroom and actually networked them all together and it was--it was our first learning network experience. And the idea of combining an interest in poker which to me is like a fascination as game theory, a strategic game, Poker is the quintessential strategic game. And if you--if you're into thinking of games as languages for, perhaps, more complicated things, that is simplifies forms that allow you to think about more complicated subjects, Poker as a strategic game is just surpassingly eloquent.
I want to introduce you to Andrew. I met Andrew at a poker tournament held at Harvard Law School. It was a charity tournament done for the benefit of our public service auction in which hundred plus students and faculty all put up 20 bucks, played the tournament through to a conclusion one winner no financial prize, all money going to charity. And Andrew was the son of a bitch who put me out of the tournament. And we got started on this Global Poker Strategic Thinking Society, which I'm going to ask him to tell you about, the next year when we weren't allow to do that tournament because our general council told us it was illegal.
And I got pissed. And the result of that is we have in a sense started an enterprise, one of the objectives--one of the objectives of which is to legitimate poker as a genuine educational enterprise. For me, I see it as the basis of the distance, the scalable distance education environment that I in the Berkman Center hope to lead Harvard into.
Poker to me is just the most wonderful way to engage young minds and expands people's thoughts. So, here I want to ask Andrew, Andrew come forward and tell us about GPSTS. >> WOODS: Well... >> NESSON: Oh, you got a mic, good. >> WOODS: The first thing I have to say is it--it's just as well that they cancelled the poker tournament. I think it's ashamed they told us it was illegal. But, in the tournament where I met Professor Nesson, I had no idea he was a professor, I thought he was just some crazy old guy sitting across from me at a poker table.
And there came a place where he had pushed all in and I had a better hand. And I asked him, I said, you know, and he said, "I'm a professor." And I said, "What do you teach?" He said, "I teach Evidence." So, I said, "Well, I'm going to teach--I'm going to take Evidence next year."
And I said, "If I put you out of this tournament, if I beat you, will you give me an A in your class?" And he said sure. [INDISTINCT] >> NESSON: Oh, I did? >> WOODS: Oh believe me, because I made sure to take your class. He gave me a B+, so, I was a little frustrated by that.
Yes, unbelievable, right? >> Oral contract. >> WOODS: So, after that, I took the opportunity to have dinner with Professor Nesson with a couple of other students and we started talking poker, mostly because I was upset that I hadn't gotten my A.
It is a universally acknowledged fact that most business owners would like to build their companies without taking out new loans or amassing debt. Though debt is something that can be beneficial for a company as it offers the business organization with enough capital that they need to stay afloat in this tough competition, this actually has pitfalls too. No business owner would like to take help of legal companies that offer professional debt solutions to reduce their financial obligations. Amassing too much commercial debt can be risky as it has to be paid back with the interest rates and the fees. When a company becomes overburdened with debt, it takes very little for the financial standing to be damaged and most business owners try avoiding this route. During such a situation, accounts receivable factoring is a way for a company to grow without taking out further loans and amassing debt.
What is invoice factoring?
Accounts receivable financing, mentioned earlier, is also known as invoice factoring and is a powerful fiscal tool that has initiated the success of a number of business organizations. Through factoring, companies are able to capitalize or monetize on the unpaid receivables by selling them off to a factoring company in lieu of immediate payments. If you use the factoring method, the company can immediately get monthly payments for the invoiced work from the factoring finance company and the company will wait to be paid by the customers. If you need essay about bussines, you can use essay writing help.
What are the benefits of invoice factoring?
While loans and new lines of credit require the client to have worthy assets and strong financials, the invoice factoring entirely depends on the strength of the customers of the client. This is a serious feature since most of the small business owners can’t take out loans due to their inability to meet with the criteria of the lending institutions. Yet most business organizations have a strong database of customers that can be easily leveraged. Since factoring is something that is different from a loan or any other new line of credit, this is the perfect financial tool for the following types of business firms.
The biggest benefit that a business organization may get is by receiving the money for the jobs that they’ve completed. By this money, they can maintain their business and make it grow eventually with time. In fact, for some business firms, this is the only way to stay on within the tough competition. The entire process is very easy and you can build and expand your business firm is the best way possible without having to take out loans or new lines of credit. The more you avoid taking out loans, the more you can stay away from getting help from the legal debt solutions.
While being a good actor will get you a part, having a good actor's resume will get you an audition. Here we provide a sample actor resume that will enable you to see what an acting resume should look like.
Most sample actor resumes, like all good resumes, are brief. Casting managers do not have time to read through resumes of multiple pages, so keep to the pertinent points that are relevant to the position for which you are applying.
Some sample actor resumes that you will see will also contain photographs and personal details such as height and weight, as well as other characteristics. We have chosen not to provide such information here as what we are more concerned with is the format of the actor resume itself.
Following the sample actor resume we provide additional information about some of the main points the resume sample raises. We envisage this sample actor resume being useful for a number of actors, though obviously considerable alterations will need to be made to make it suitable for your own needs.
Sample Actor Resume
123 North Street,
Sacramento, CA 12345,
(123) 987 8765
Cop shop Lieutenant Smith NBC
Life in the Gutter Homeless Man NBC
Nero Roman Gladiator SBS
Civil War Stonewall Jackson CBS
Life in Space Astronaut NBC
Monkey Business Theatre Owner 20th Century Fox
Long Night Police Officer New Line
Babe Ruth Babe Ruth 20th Century Fox
US Marines Drill Sergeant
Fluent in French
Advanced driving skills
University of Maryland
Obviously, the more parts you have played the more impressive the resume will look but this is not always true on closer inspection. If you are attempting to get an audition for a police role, if many of your parts have been as a farmer for example, it might not appeal to the casting people.
The sample actor resume provided demonstrates the actor has a fairly broad range of previous jobs, though obviously the common theme in most of the parts is of a fairly masculine type, as illustrated by police and military roles.
What is also noticeable is that this actor either has no experience in theatre or chooses not to mention it. Most actors believe theatre experience is absolutely crucial in the forming of good acting ability. Perhaps the actor who wrote the sample actor resume above simply chose not to mention these roles and was already successful at getting certain roles without theatre training.
As an actor gets more experience, he or she can be choosy about which roles to mention in the resume, and could focus on larger roles that he or she was proud of, or roles that are more directly related to the present position.
A glance at the above sample resume by a casting team will give them a good overview of the range of acting jobs the applicant has had. Rather than providing large amounts of information, the writer has chosen a style that is clear and easy to read, and one that does not require more than 30 seconds to absorb.
The above applicant has chosen to place tv roles at the top of his resume. This might not always be the best thing to do, though it is probable in this case that the role that he is applying for is a tv role. The casting team may therefore be looking for someone that has previous experience specifically in tv, and will put a greater emphasis on this than on other media such as movies. Depending on the role for which you are applying therefore, you can alter the emphasis of your resume to suit this weighting.
We trust this sample actor resume will be useful for budding actors and those already in the trade to write a professional CV that best illustrates what the person is capable of, and thereby enabling he or she to be considered for more roles than before.
There are a number of reasons why an employer may find a sample contract termination letter useful, including misconduct or redundancy. With the various legal implications involved in effectively ending a contract, it is vital a contract termination letter is accurate and does not leave the employer open to legal action. Here we provide a sample contract termination letter that will provide the main elements you need to include, though it must be noted that as this is a sample contract termination letter only, organizations will need to adapt it to suit their own requirements.
A sample contract termination letter
Dear Mr/Mrs/Ms ...
Further to our conversation / meeting etc... on (date) I regret to inform you that your employment with us is terminated as of (date).
As stated previously, the reasons for the termination of your employment are:
§ State the reasons (and how they contradict company policies and / or the employees contract)
§ State previous warnings (verbal / written etc...).
(State requirements necessary preceding termination, such as return of company property, issues with pay etc...).
Yours etc ...
Name and title
(You may also add a section requiring the employee to sign and return a copy as a receipt).
As we have mentioned, this is a sample contract termination letter, and should the termination be due to redundancy, the tone and information might be quite different. In such cases, it should be stated clearly the termination of the contract is directly related to external forces and in no way reflects on the performance of the particular employee (which might have been excellent). A contract termination letter is often written under stressful circumstances, so it is critical you get it right to avoid unnecessary anguish or legal problems at a later stage.
Sample employment termination letter
The sample employment termination letter provided below provides an employer with a basic template they can use should the need arise. As each termination of employment is different, care should be given to ensuring the details you add are correct and specific to the case.
Naturally, an employment termination letter should only be given once other avenues of redress have been exhausted, and it is important whenever using a sample employment termination letter that you are fully aware of the legal rights and obligations on both sides. By dismissing someone, you are effectively cancelling a contract, and it is therefore essential you have the legal right to do so.
A sample employment termination letter
Dear Mr/Mrs/Ms ...
Further to our conversation / communication on (date) I can confirm your employment with us will be terminated on (date).
As have been discussed already, the following are the reasons for your dismissal;
§ Give specific reasons for the dismissal, with particular emphasis on how the employee's actions contravened company policy and / or the specific employee contract.
(Here you would describe issues regarding final payments, when the employee is able to collect his or her belongings and other related issues).
Yours etc ...
Name and title
As with all business letters, this example of a termination letter is neutral and formal in tone and style, and due to the seriousness of the issue this is essential.
It should be pointed out that the actual content of the letter may vary considerably on a case by case basis. In an employment termination letter to redundancy or other reason beyond the control of the employee, it must be stated explicitly that the employee is in no way to blame, and reasons for the termination should be given, as well as recommendations as to the employee's record if appropriate.
An example termination letter such as the one given above should provide the employer with an adequate template with which to frame an appropriate letter.
Cover letter with salary requirement
Creating a cover letter with a salary requirement component is a difficult exercise and requires a great deal of thought before it is approached. Here we look at some useful advice for those having to write a cover letter with a salary requirement included.
Traditionally, companies provided the salary with the job description, and there was little room for manoeuvre on the part of the employee. Nowadays, workers are expected to have a good idea of their own value, with the ability to justify this clearly.
Companies want to see in your cover letter how realistic your salary requirements are. Those salary demands that fall too high or too low will be rejected, and giving a cover letter with a salary requirement that is way below market rates will not be looked upon favourably.
Requesting applicants add a salary requirement to a cover letter is not an attempt by the company to save money, so do not be tempted to state an artificially low figure. In fact, a more intelligent approach is to place your salary requirement slightly above the market average, and thereafter use this as a bargaining position.
Of course, no salary requirement in your cover letter can be created out of thin air. You need to research the position carefully, and understand that salary is just one aspect of a total package. An impression that you are focused solely on money will also not be looked upon with favour, so you need to pitch it just right.
Especially if you are requesting a slightly higher than average salary requirement, you should be able to justify why you think you deserve this. You need to state in your cover letter the added benefits for the company in hiring you, and why an investment in you is good business for the organization.
Creating a cover letter
Creating a cover letter that makes an impact is the key to your application making it to the next step. That does not mean you should employ gimmicks like a coloured font, as a cover letter like that will end up in the recycling bin fairly quickly.
Creating a cover letter first of all means creating a document without errors. You should attempt to get as many people as possible to check your letter, and set the specific task of searching for errors. If you offer an incentive like free coffee for each mistake, you might find they find more than before.
If possible, get someone to check your cover letter who uses the English language in a professional capacity, whether that means a teacher, a business person or someone else, as it might surprise you how many common errors the average person makes, and spell and grammar check software will not help you that much. Creating a good impression through correct English is critical.
Creating a cover letter that actually targets the job for which you are applying is crucial. In other words, do not use a generic cover letter but take the time to create a new one each time. This way you can specifically address the advertisement and say why you think you are suitable for the role.
Creating an effective cover letter therefore is all about matching the requirements of the job with your own skills and experiences. Employers will look very quickly to make sure you have the necessary qualifications and experience so it is almost never useful to apply for a job for which you are not qualified, but certain skills the job requires allows a little more creativity, as often skills gained in one job are transferable to another.