Eliminate Processes and methods

There is a diner next to my house, it has menu which runs in to 10 pages with around 10 items on each page. That is like 100 items.

Think about it . 100 items require 100*5= 500 ingredients or more. Plus you need people to know 100 processes.

As against that if you see food trucks , they have 2 to 5 or in some cases just 1 item on menu.

Be like food truck and not a diner.

Trade as few methods as possible.

Just because you know 100 methods do not trade 100 methods.

Learn from them and incorporate some learning in your method. but do not start trading too many methods.

Less processes you run easier it is

Less is more when it comes to trading.

Just trade 1 to 3 methods.

Do not clutter your mind

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Public Opposition Affects Tidal Power Projects

via Environmental Management & Energy News:

More and more companies are realizing that the prioritization of safe, reliable energy methods is the best way to reduce greenhouse gas emissions. By using the Earth’s natural, predictable energy from tidal power, we can generate reliable electricity while conserving other resources. However, some environmental groups oppose new tidal projects due to fear that the […]

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Environmental Management & Energy News

Public Opposition Affects Tidal Power Projects

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Big moves or small moves

As a trader you have a choice between capturing several hundred small moves or capturing few big moves.Capturing few big moves requires more skills. If you are going to be doing only 20 trades then you need to select very carefully the stock.As you can see below in one of the methods we trade there were only 16 trades, but the average per trade profit was very high. For Working People this kind of a approach is more suitable as they can not actively manage swing trades in most cases.But to do few trades in a year and to keep losses very small and get 10/1 kind risk reward requires higher level of skills than trying to capture several small moves.To learn to do the 10/1 kind …

via stockbee:

As a trader you have a choice between capturing several hundred small moves or capturing few big moves.

Capturing few big moves requires more skills. If you are going to be doing only 20 trades then you need to select very carefully the stock.

As you can see below in one of the methods we trade there were only 16 trades, but the average per trade profit was very high.

For Working People this kind of a approach is more suitable as they can not actively manage swing trades in most cases.

But to do few trades in a year and to keep losses very small and get 10/1 kind risk reward requires higher level of skills than trying to capture several small moves.

To learn to do the 10/1 kind of trades requires you to build a skill for identifying big trends near low risk entry points.

A motivated working person can build a skill like this provided he or she is willing to dedicate six month to 12 months for this kind of approach. 2 or 3 trades in this kind of approach can make your quarter or a year.

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Big moves or small moves

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