If, every day, we take positive action towards achieving our goals then our motivation and sense of achievement grow, fuelling our confidence and making even the wildest of dreams possible. Each small step has a cumulative affect on our progress. And creating a vision is the key to ensuring the steps we take are heading in the right direction.
One of the new buzz words in self-help and business motivation circles is NLP, an acronym for the rather sinister sounding 'neuro linguistic programming'. Well, as an NLP practitioner, I'm here to tell you it's not sinister and it's not rocket science. Very simply put, NLP is a collection of techniques aimed at realising visionary goals by harnessing the most dynamic and positive beliefs and behaviour we can muster.
As individuals, we mostly tend to jog along doing what's required. Moaning about what's wrong with our lives is a bit of a national pastime. Turn that attitude on its head and suddenly life can become a whole lot rosier. A good starting point is what I call 'the big picture' game. It uses all our creative powers and is a lot more fun than the usual 'what, where' when, why and how' list-making process of determining goals and strategies.
First, get a big blank sheet of heavy duty paper and stick it on a wall at home where you can see it and easily reach it. Get a stock of coloured marker pens and put them out of reach of any toddlers or budding graffiti artists in residence. You can now create your own unique 'big picture' over the coming days, weeks months or even years. It can include
pictures, lists, graphs, maps, symbols, codes or magazine cuttings - anything which speaks to you of its purpose. A good starting point is to draw a picture or write down details of your ideal life, incorporating all your dreams and aspirations. Make is as bold and strong as you can and include as much detail as possible, maybe putting a date on it some time in the future.
Around this image, which will become clearer in your own mind as you consign it to paper, add information about the things that are important in your life. Include details of your values and beliefs, what makes you happy and fulfilled, your likes and loves, your skills and qualities. Consider the goals and milestones which will bring you nearer to your ideal life. Put these down and you will see more clearly how your own resources can best be used to achieve these aims.
Now, you can do all this in a mad half hour scribble or create a masterpiece over a lifetime. You're aiming for what advertisers call a 'storyboard', which they use to give clarity to the sometimes crazy concepts that form campaigns to sell anything from socks to soap powder. The storyboard brings together the best ideas from creative brainstorming sessions. Along the way, new ideas emerge, old ones get thrown out, every angle gets covered, each obstacle is overcome. A new campaign is formulated by using these powerful imaginative forces to create a vision of success. Start your 'big picture' today and you will soon discover what the advertisers' have long known, that creating a strong positive vision is a short-cut to making your dreams reality.
Online currency trading (also known as FOREX, for foreign exchange) has all the benefits that a trader could want. With the 24 hour, 6 days a week marketplace, you can trade before work, during work, or after work. Whenever you see fit. The day begins in New Zealand and follows the sun through Asia, into Europe, and then the US. Then it starts all over again.
The FOREX market is the most liquid market in the world. That means that a trader can enter or exit the currency market whenever they want. With no commissions and no gaps, or lock limits, and no daily trading limit either. This market is bigger in daily volume than all of the other stock, bond, and futures markets of the world combined! And then some!
Leverage of 100 to 1 is considered normal when currency trading. Compare that to the 2 to 1 margin accounts at your stock brokerage. Plus, there's no margin interest expense either. But you better have your risk management system in place because, remember, leverage cuts both ways.
You've heard the saying,the trend is your friend. Well guess what the best trending market is? That's right, the FOREX market. Central banks and governments set their own monetary policy. Take the Fed for example. They don't (usually) raise interest rates today and then next week lower them. And then raise them again. No, they tend to gradually, over time, raise them, month by month, until they feel they are correctly positioned. And then they lower them, month by month, or quarter by quarter, whichever. That gradual tightening and loosening over an extended period of time is what creates those wonderful trends.
When you are trading currencies online, remember to trade with the trend. And when the trend ends, get out. It's that simple, just not that easy. Then start looking for the trend to reverse itself. You need to have no hang ups about being long or short when you trade currencies. At any given time, approximately a third of the currency pairs are are going up, a third are going down, and the other third are going sideways. So don't be afraid to go short. If you are coming from the stock market, there are no short squeezes to worry about, no one uptick rule, or any other crazy rules. You just decide to buy or sell; that's it.
When you trade currencies online, they are always bought and sold in pairs. An example of a currency pair is the popularly traded EUR/USD. This is the Euro vs. the U.S. Dollar. The currency on the left is called the base currency. The one on the right is the cross currency
If you buy the EUR/USD currency pair, you are buying euros, and at the same time, selling dollars. You would do this if you think the Euro is going to rise in value and/or you think the Dollar is going to fall in value.
If you sell the EUR/USD currency pair, you are selling euros, and at the same time, buying dollars. You would do this if you think the Euro is going to decline in value and/or you think the Dollar is going to rise in value.
Currency trading has so many benefits and advantages to it, it is no wonder why it is the fastest growing segment of the online trading community. The FOREX market offers superior potential to realize profits in any market condition or business cycle, making online currency trading an ideal diversification element in your total investment portfolio.
Both Karen Martin & James Theiss are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Karen Martin has sinced written about articles on various topics from self improvement and motivation, Internet Marketing and Fitness. Hypnotherapy is an incredibly effective and versatile way of dealing with a wide range of issues and ailments, from and depression to s. Karen Martin's top article generates over 9900 views. to your Favourites.
James Theiss has sinced written about articles on various topics from Pets, Travel and Leisure and Dogs. James is a successful online currency trader and also runs the popular website . Go there now and you can sign up for his FR. James Theiss's top article generates over 201000 views. to your Favourites.