Archives of “invention” tag

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A to Z -Motivational Tips

  
  Education
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■A – Achieve your dreams.

Avoid negative people, things and places. Eleanor Roosevelt once said, “the future belongs to those who believe in the beauty of their dreams.” Consume yourself with the motivation to achieve tremendous results from everything you attempt

■B – Believe in your self, and in what you can do.

Motivation comes from within, if you trust in your abilities you will come out on top.

■C – Consider things on every angle and aspect.

Motivation comes from determination. To be able to understand life, you should feel the sun from both sides. Never say never, there is a way of accomplishing anything if you keep an open mind and never give up.
■D – Don’t give up and don’t give in.
Thomas Edison failed once, twice, more than thrice before he came up with his invention and perfected the incandescent light bulb. Make motivation as your steering wheel. The only way you lose for sure is when you quit.
■E – Enjoy. Work as if you don’t need money.
Dance as if nobody’s watching. Love as if you never cried. Learn as if you’ll live forever. Motivation takes place when people are happy. Maintain a positive attitude under any circumstance. Fill your mind with positive thoughts and the whole world will be your playground.
■F – Family and Friends – are life’s greatest ‘F’ treasures.
Don’t loose sight of them. So often we look past our greatest treasures, remain motivated to always seek the treasures in your family bonds.
■G – Give more than what is enough.

Where does motivation and self improvement take place? At work? At home? At school? When you exert extra effort in doing things. Try to give more than what is asked of you, this shows true self motivation.

■H – Hang on to your dreams.

They may dangle in there for a moment, but these little stars will be your driving force. Dreams keep us motivated to go after the things that excite us in life. Holding onto your dreams shows a strength in your character of positive expectations. (more…)

Great Trading is Great Technology

  
  Education
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tech·nol·o·gy [tek-nol-uh-jee] noun
1. the branch of knowledge that deals with the creation and use of technical means and their interrelation with life, society, and the environment, drawing upon such subjects as industrial arts, engineering, applied science, and pure science.
2. the terminology of an art, science, etc.; technical nomenclature.
3. a technological process, invention, method, or the like.
4. the sum of the ways in which social groups provide themselves with the material objects of their civilization.

Speculation drives human progress

  
  Education
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Speculation, in all its forms, is what drives human progress. This is the core message behind Michael Bigger’s recent post, “The Desire to Speculate”.
An excerpt from Michael’s essay: 
“It is said that the desire to speculate is very strong in the American people. That is why our country has made greater progress than any other country in the world, because progress is the result of speculation. We are not referring merely to stock speculations, but to the word in its broadest sense. Every new undertaking is a speculation.

An inventor speculates on what he is going to invent. Often such speculations result in losses, because many inventors, or would-be-inventors, never accomplish very much. They spend their money, time, and efforts, and probably live years in poverty, and then if the invention is not profitable, they are heavy losers.

It is the same thing with every new business. It is purely a speculation…”  (more…)

The Process of Invention

  
  Education
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When inventing your own trading system or strategy as I prefere to call it, you are constantly asking questions. In a sense, you enter into a passive relationship to the market where it is telling you about itself – thats the big change in mindset from being a newbie. When you are a newbie you want the market to do what you want (i.e. “my system says it should go up, so GO UP!”). At the same time as demanding, you are hoping – your WILL is involved.

When you enter this frame of mind I’m talking about, you have no more demands of this nature, but rather are trying to get ‘in step’ with what the market is and how it behaves – you subordinate your will to the will of the market; it speaks to you if you shut up and listen. For instance, the market suddenly turns on a dime and you give back all your profits. The market has spoken to you and said “sometimes I have unexpected price shocks and it looks like this”.
Instead of cursing this event a question suddenly arises in your mind such as “Hmmm….. I need to think of a way to deal with price shocks.” You ponder this like a puzzle – you try some things, and think about it. This is the process of invention.

Believe me, when at the end of this you have a way to deal with, for instance, sudden turns in price action you will NOT struggle to force yourself to stick to the “rule” – this rule is not imposed on you from outside, you created it. The process was also interesting, challenging and enjoyable; you are a creative trader who is genuinely interested in the subject.

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