Turn a Hobby into a Business (2/2)
Produced By:
moneytalks on 12 May 2008
Category: Creating Wealth
Description: Being your own boss, and working from (more...) home. It's a dream for many...and a reality for a few. One step toward that kind of life is to turn something you now do for fun into something you do for a living. (Part 2 of 2) (less)
Views: 639
Comments: 0
Duration: 01:30
MonaVie Scam or Not Calculator
Produced By:
antonb on 12 Nov 2008
Category: Savings & Retirement
Description: http://acairesearch.org/monavie-scam.html (more...) - instruction of how to use the calculator to check prices. MonaVie is expensive so some think it's a MonaVie scam but with this calculator, you can figure out how much you are going to pay in advance. (less)
Views: 632
Comments: 0
Duration: 01:38
Selecting Clickbank Products
Produced By:
ocollier on 06 Jan 2008
Category: Creating Wealth
Description: http://www.otiscollier.com
Now that you (more...) are a Clickbank affiliate, its time you learned how to find products to promote. Let's take a dive into the Clickbank marketplace to see what we can uncover. (less)
**HOT TOPIC** Using Craigslist to drive traffic to YouTube
Produced By:
ocollier on 29 May 2008
Category: Creating Wealth
Description: http://www.otiscollier.com/theplan
In (more...) this video, I want to share with you an idea about driving traffic from Craigslist to your YouTube video. Craigslist is a great way to drive traffic because there is no cost to you.
craigs list
craigs list com
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classifieds
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pdx (less)
Learn to Dunk Like Michael Jordan
Produced By:
ocollier on 26 Jul 2007
Category: Creating Wealth
Description: http://www.workoutpro.info
Do you (more...) want to learn how to slam dunk like Michael Jordan? Well you need workoutpro.info to provide you with all the tools and work out instructions that will have you jamming the nets soon.
View http://www.workoutpro.info (less)
How to open a Nightclub create a Nightclub Business Plan
Produced By:
elearning on 02 Feb 2007
Category: Small Business
Description: Nightclub Business Plan - Our Mentor (more...) Profile:
Our mentor has been involved with the food and beverage industry for about 12 years. He has always wanted to take charge and start being his own boss and open a night club business.
Learn what is important to include in a nightclub business plan!
One of the most important things our mentor would like to pass onto you is '...Your business is like a child and you must be there to make sure everything is going well for your business to succeed'.
BusinessPlanWorld.com - Tutorial Topics:
Navigating the MS Excel Tabs
About What will be covered in this tutorial:
Navigating the MS Excel Tabs
About the Start Up Costs
Startup Costs and Balance Sheet Relationship
Project Costs and Owners Investment
About the Balance Sheet
Disclose everything do not hide any debt
About the cashflow
About Financial Leading Indicators
About Sales to Debt Ratio
Where to find financial leading indicators
How to edit the Cashflow
How to use Paste Link in MS Excel
The Cashflow and Income Statement relationship
How to generate your income statement
How to forecast income statement Y1 and Y2
Tips on changing the spreadsheets
-------------------------
For more information visit:
http://www.businessplanworld.com (less)
Views: 245
Comments: 0
Duration: 04:24
22.How to Trade the Relative Strength Index (RSI) Like a Pro
Produced By:
InformedTrades on 17 Dec 2007
Category: Creating Wealth
Description: http://www.informedtrades.com/
A (more...) lesson on how to trade the RSI for traders and investors using technical analysis in the stock market, futures market and forex market.
In our last lesson we looked at 3 different ways that the MACD indicator can be traded. In today's lesson we are going to look at a class of indicators which are known as Oscillators with a look at how to trade one of the more popular Oscillators the Relative Strength Index (RSI).
An oscillator is a leading technical indicator which fluctuates above and below a center line and normally has upper and lower bands which indicate overbought and oversold conditions in the market (an exception to this would be the MACD which is an Oscillator as well). One of the most popular Oscillators outside of the MACD which we have already gone over is the Relative Strength Index (RSI) which is where we will start our discussion.
The RSI is best described as an indicator which represents the momentum in a particular financial instrument as well as when it is reaching extreme levels to the upside (referred to as overbought) or downside (referred to as oversold) and is therefore due for a reversal. The indicator accomplishes this through a formula which compares the size of recent gains for a particular financial instrument to the size of recent losses, the results of which are plotted as a line which fluctuates between 0 and 100. Bands are then placed at 70 which is considered an extreme level to the upside, and 30 which is considered an extreme level to the downside.
Example of the RSI
The first and most popular way that traders use the RSI is to identify and potentially trade overbought and oversold areas in the market. Because of the way the RSI is constructed a reading of 100 would indicate zero losses in the dataset that you are analyzing, and a reading of zero would indicate zero gains, both of which would be a very rare occurrence. As such James Wilder who developed the indicator chose the levels of 70 to identify overbought conditions and 30 to identify oversold conditions. When the RSI line trades above the 70 line this is seen by traders as a sign the market is becoming overextended to the upside. Conversely when the market trades below the 30 line this is seen by traders as a sign that the market is becoming over extended to the downside. As such traders will look for opportunities to go long when the RSI is below 30 and opportunities to go short when it is above 70. As with all indicators however this is best done when other parts of a trader's analysis line up with the indicator.
Example of RSI Showing Overbought and Oversold:
A second way that traders look to use the RSI is to look for divergences between the RSI and the financial instrument that they are analyzing, particularly when these divergences occur after overbought or oversold conditions in the market. These divergences can act as a sign that a move is loosing momentum and often occur before reversals in the market. As such traders will watch for divergences as a potential opportunity to trade a reversal in the stock, futures or forex markets or to enter in the direction of a trend on a pullback.
Example of RSI Divergence:
The third way that traders look to use the RSI is to identify bullish and bearish changes in the market by watching the RSI line for when it crosses above or below the center line. Although traders will not normally look to trade the crossover it can be used as confirmation for trades based on other methods.
Example of the RSI Centerline Crossover:
That's our lesson for today. You should now have a good understanding of the RSI and how traders use this indicator in their trading. In tomorrows lesson we will look at another Oscillator which is known as the Stochastic Oscillator so we hope to see you in that lesson.
As always if you have any questions please feel free to leave them in the comments section below, and have a great day! (less)
Views: 227
Comments: 0
Duration: 05:24
My Account Got Hacked - MySpace Profile Deleted
Produced By:
ocollier on 29 Apr 2008
Category: Creating Wealth
Description: http://www.otiscollier.com/theplan
Last (more...) night my MySpace page got hacked into and deleted. No biggie though. I will just create another page.
I told my down-line earlier that there will be challenges in your business. This is one of those challenges that I will just overcome. (less)
Views: 223
Comments: 0
Duration: 03:37
401k Planning - Early Hardship Withdrawal Rules
Produced By:
lightshipmutual on 18 Oct 2008
Category: Personal Finance
Description: In this episode, we'll discuss the pros (more...) and cons of taking an early hardship withdrawal from your 401k plan...should you do it?
Also, you'll learn what situations qualify as 'hardships' as well as information on how to request a withrdrawal from your specific employer.
Based upon our five Keys to SHINE™, SHINE TV is an interactive video blog intended to engage, educate, and empower your financial mind. (less)
Business Tips - how to add second language to the website
Added on: 11 Oct 2007
Category: Small Business
Description: Learn how to add second language to your (more...) website .Kevin McNally, CEO and Creative Director of Interactive Palette, says that visitors to your site may be more comfortable using your services if your site is available to them in their native language. (less)