Business Plans, Motivations

10 rules of successful trading

Unlike investors who need markets to move up in order to profit from their investment, traders don’t depend only on bull markets. They can profit even in down trends.

This is a crucial advantage traders enjoy over investors — the ability to make money whether the market is moving up or down. This fact should not, however, lead you to believe that trading is easy; it requires both a skill-set and rigorous discipline.

Many people take to trading in the mistaken belief that it is the simplest way of making money. Far from it, I believe it is the easiest way of losing money. There is an old Wall Street adage, that ‘the easiest way of making a small fortune in the markets is having a large fortune’.

This game is by no means for the faint hearted. And, this battle is not won or lost during trading hours but before the markets open but through a disciplined approach to trading.

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Motivations

Secrets of a successful start-up

Sanjay Anandram, Outlook Money | outlookmoney | July 08, 2009 | 11:42 IST

Entrepreneur. Angels. Venture capital. Innovation. Acquisitions. And, of course, the ubiquitous ‘startup’. All these terms have become part of the imagination of a large section of the current generation. Events, blogs and articles on entrepreneurship and start-ups are proliferating.

Therefore, it might be naive to ask: What exactly is a start-up? Is the corner coffee or chai store a start-up? And what about an executive who starts a consulting company? Is every small business a start-up?

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Calendar, Finance

Deloitte Multicultural network presents: Winning in

 

We have an invitation from Deloitte’s multicultural network to join them on the 15th July.   This may also be useful for any of our Young Zoroastrians who may be interested in making a career in finance.   If anyone is interested to attend, could they please email joanna@verityeducation.com   
 
Thanks
Shernaz

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Motivations

Techniques to Handle Team Conflict

Team conflict is inevitable, but it doesn’t have to cause trouble. With the right techniques, team members can get back on track before relationships are damaged and productivity plummets.

“Avoiding conflict at all costs does not work and will undermine a team’s effectiveness. In fact, in an environment of trust and constructive communication, conflict can help teams solve problems and meet serious challenges,” says Craig Runde, co-author with Tim Flanagan of Building Conflict Competent Teams. “But making constructive choices, especially when tensions are high, is not always easy.”

Runde and Flanagan advise teams on long-term strategies for establishing the right climate and using constructive communication. For times when more immediate remedies are needed, the authors suggest a variety of techniques — for use before, during and after a conflict flares up.

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