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What Is Added Value

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The most important reasons why LinkedIn is such a powerful tool, are:

It is the largest online business network with more than 35 million members worldwide. In 2008 LinkedIn grew from 19 million members to 34 million and it is still growing.

The power of LinkedIn is that it makes the relationships between people visible.

The consequence of those two aspects is that the chances are big that the person you want to do business with also has a Profile on LinkedIn and that you can see who you have in common.

Don't let the ?simplicity? of this fool you. Never before we had the chance to see which personal contact of ours could introduce us to our prospects.

Before LinkedIn good sales people already thought who they could ask for referrals. Doing business is so much easier when a mutual contact introduces you to a prospect. The trust between the two other parties is transferred to you. This increases your chances to make a sale dramatically. Before LinkedIn good sales people thought about which contact could possibly know potential customers. The disadvantage of this approach is that they had to make some guesses about the network of their contacts. Another disadvantage was that they sometimes got referrals to people or organizations which didn't qualify as potential customers after all. The result: a significant loss of valuable time of all parties involved.

LinkedIn helps to deal with this process much more effectively and efficiently. LinkedIn helps to reverse the situation: instead of guessing who your network could introduce you to, you look up potential customers on LinkedIn (via their name or via parameters like function, industry and geography). Since many people are on LinkedIn chances are high you won't only find them, but also the people you have in common.

LinkedIn uncovers many unexpected relationships between people. It is already hard to maintain our own contacts and keep up to date of all the changes in our own network. It is impossible to know who the people from our network know. LinkedIn shows these relationships. Your neighbor who you never discuss business with might be connected to the prospect you are already trying to get in touch with for a long time!

To your success !

Jan

Jan Vermeiren, founder of Networking Coach

PS: more tips can be found in the book "How to REALLY use LinkedIn".

Make sure to get your FREE light version of the book at:

What Is Added Value

Profitable traders are able to look at a trade, find which position they would like to take, and then use their own technical indicators to confirm a movement. The duo of forward and lagging indicators makes trading very profitable. There are different mixes for different timeframes and scenarios.

Downtrend

In a downtrend, professional traders will look for a forward indicator, and then confirm it with a lagging indicator. A downtrend is easy to break, as short sellers have to cover their positions. Unlike a sideways trend, a downtrend has a definite pattern: down. Proven strategies for downtrends include moving average crosses and divergence on momentum indicators.

Uptrends

Uptrends work similarly to downtrends, but just opposite. An uptrend is hard to break without a strong catalyst, as many traders get the fever to fuel the fire with new investment. Profitable traders know that a news report or a short term trendline can break a long term trend. In these cases, the RSI is a good indication of when profit taking will occur and push the value back down.

Uptrends are most likely to break in a market that is selling off universally, thus going against the trend is most profitable when the market “gravity" affect kicks in full gear. Watch the tick numbers and only bet on a downward movement when the numbers are swaying towards sellers.

Sideways Trends

Sideways trends are hard to predict as there is no general consensus on where the market is headed. The ups and downs in a sideways trend are best predicted with your own trading discipline and a mix of fundamental and technical analysis.

Confirmation in a sideways trend should be short interest. The amount of short interest can tell you how many investors have pulled for the trend to continue. These trends are more prone to breakout than a downtrend or an uptrend, but come with added profitability.

Creative techniques of your own will help you get the most out of a trading system. The number one goal should be to preserve trading capital and second to generate a profit. Losing money is worse than no gain at all.

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About Author

Both Jan Vermeiren2 & Leroy Rushing 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.

Jan Vermeiren2 has sinced written about articles on various topics from Public Relations, Sales People. Jan Vermeiren is the founder of Networking Coach, author of the network books ?Let's Connect!? and "How to REALLY use LinkedIn" and well known networking speaker. Jan and his team specialize in online and offline networking and referral presentations and. Jan Vermeiren2's top article generates over 4400 views. to your Favourites.

Leroy Rushing has sinced written about articles on various topics from Anger Control, Day Trading and Bear Stock Market. Leroy Rushing is an active, professional day trader; trading coach; and author. He is the Founder and CEO of Trading EveryDay, a provider of educational trading products and services that are available worldwide. Trading EveryDay has complimentary/FREE. Leroy Rushing's top article generates over 8100 views. to your Favourites.

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