In last post we indicated that above 5333 NF would see
5355. It formed high at 5354.50 and low at 5307.40 with lowestvolumes of year.
Now for Today…
Crossover with volumes expect to reach at 5378-5393. Yesterday we written that below 5313 it might test 5290 and above 5320 would take it to 5333-5340. Below 5335 if sustains then expect slide up to 5312-5302. Below 5298 it may take support at 5290-5276.
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The problem:A lot of people come to ask you although not necessary.A problem that usually only a few people in a company have – but these few know it very well: They are known to have good knowledge in a lot of areas or have good knowledge about the company and it’s organization or environment. And so they get asked often and therefore get interrupted very often in their main work.
What often surprises most is that a lot of answers could have been easily found online (Google, Wikipedia, company intranet sites, e-mail in-boxes or archives and so on).
The reason:You are the most efficient way to solve their problems.When they look up the information somewhere else they have to think more and it takes longer. And maybe they at first have to think first where to look up (first). As they usually know already your phone extension or have their chair next to you it is the easiest, fastest, most efficient – and maybe also most reliable way to ask you.
Although this might be part of your daily job and might be a good motivation being such an esteemed person it may grow to a level where you cannot do your main job efficiently because you have too many other “little problems” to solve or “little questions” to answer.
The solution:Let them wait.If you let them wait a little for answers you are not the most efficient way for those little questions and problems that interrupt you more often. When they have to wait they will maybe “in the meantime” get an idea where to look up the information themselves getting there solution faster. – And the problem get solved without you.
If there are questions coming often not so easy to look up for them then write a documentation and publish it (on the internet or intranet or some wherever your company usually stores such information). When these questions come again you simply tell them to look it up. If your standard answer is “Look it up in our repository” it is even less attractive for them to call you because they could have looked up immediately without calling you.
There are mainly three different trading approaches:
1. Trend trading (often long-term oriented)
2. Swing trading (often mid-term oriented)
3. Scalp trading (short term oriented)
Of course it is possible to trade in every of these fashions, but for starters this can be really difficult and it is better, in my opinion, to choose one of them. This is due to the fact, that they have very different characteristics, which I will elaborate on in the following.
Trend trading:
This approach is mostly longer-term oriented, although some of you might say, you can also follow a trend on the basis of a 30-minute chart. Of course, you can! But for me these short-term movements are more a directional bias than a real trend. Think of this: On a 30-minute chart you have identified a trend (higher lows). Switching to a 4-hour chart can then perhaps show you, that this is just a correction from the underlying trend. So for me “real” trend trading is more long-term oriented, starting with approximately 1-day until several weeks. This trading style should fit people which like to hit “big winners” and can afford to have many “smaller losers.” You see this is also some kind of philosophy question you have to ask yourself! Can you personally take many small losses in your account (because this is what it mostly takes) AND can you let your profits run? For me personally –especially in the beginning of my trading career – this was quite difficult! Constantly taking these small losses, even though overall you are profitable, can really get into your head, causing you to make wrong decisions. But if you can say for yourself, that you can handle this stress, trend trading is possibly one of the most rewarding trading techniques. The advantages are that it is quite easy to learn and to execute, and that it needs not that much actual time at a PC.
