6 dumbest deals for business in 2013

Business Game is a game of luck, some of which can be good, so that raises the status of the contracting companies, but there are some deals that could be considered by some... Stupid 

American site "CNN" mentioned number of bad deals, which it described them stupid , pointing out that the business game is a game of luck, it could be some good, so that raises the profile of the companies contracting, but there are some deals that could be considered by some .. Stupid. 

One of those deals that referred to the site, trying to Caterpillar's entry into the Chinese market, so the company bought drilling materials specializing in China, but this company was corrupt are inspired to foreign companies as larger than they really are.

As well as the Office Depot company announced its merger with OfficeMax, however, problem was required of who will manage the final company between the managers of the two companies, and the Governing Council decided that both of them are not eligible to receive the job, and did not lead one to assume the job. 

After the biotechnology company Persona presenting its stocks to the initial shares rose by 154% during the first month, but when the news broke that the only drug company that sells it is no different from the other, its share price fell by 70% in a single day.

And the Apax Partners Company exceeded the border when it bought again its former line of clothing for teenagers Rue21 compared to 1.1 billion dollars, but sales of this line fell by 10%, and the company faced huge debts.

And it may be one of the worst mistakes made by Microsoft, according to experts, as the technology giant to buy Nokia phones versus seven billion dollars, but that Nokia will increase the cost of 700 million dollars for expenses.

One of these deals also, what was announced by the CEO of BlackBerry, Thornstan Haynes, that the company will be for sale, but after three months the company declined from doing that , which led to the abuse of the stock of the company, and caused the loss of Haynes to his job, and the loss of 16% in shares.

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How to use Gann fans in trading?

Gann fan is drowning tool used in trading, William Delbert Gann developed it, and it is considered a popular trading tool. Many traders used this incredible tool for decade. So Gann Fan is the most well know indicator and it was used by Gann. 

So, series of angles basically compose Gann fan which has drawn from a pivot low or pivot high.

Gann fan has prime angle and other 8 ones, so the prime angle of it is a 45 degree 1*1 while in uptrend and 315 degree while in downtrend.  The other 8 rest angles are 1*2, 1*3, 1*4, 1*8, 2*1, 3*1, 4*1, and lastly 8*1.

Trading methods using Gann fan:

In two ways we can use Gann fan indicator, by using it for trend reversal trades and trend following. Gann fan indicator can predict the possible trend line or reversal points or retracement; in addition it basically functions as trend lines. 

Trend Continuation:

Depending on the trend direction, Gann fan indicator works as support and resistance lines like trend lines. In the case of an uptrend, we can use Gann fan to enable us to determine possible support areas and pullback zones. We can distinguish between the trend lines and Gann fan where the first one requires two low points in an uptrend, whereas in the second require one high and one low point. Thus traders can enter into trade early because Gann fan does not require, like trend line, two high points.

We can see Gann fan indicator in an uptrend through 4 hour chart of GBP/USD. By connecting one low point (1) and one high point (2) we got 1*1 line of Gann fan.  The angles 2*1 and 3*1 are considered as possible reversal point and support.  In this chart this pair has got support from 3*1 line of Gann fan and it bounced back to the prevailing uptrend.

Another example after 4 hour in chart of GBP/USD we can see Gann fan trend following trading method in a downtrend. So we find that 1*1 line has drawn by taking 1and 2 points, and we can see clearly the point 3 is showing a pullback from the resistance. We conclude that after getting resistance from 3*1 lines, the currency pair has continued its prior downtrend.

Trend Reversal:

We can use Gann fan to trade trend reversals, and it is similar to the method to trend line breakouts. A bullish reversal can be confirmed by a down trend line breakout, and as we know before that Gann fan is similar to trend lines, thus trend reversal signals can be used by these lines.

In this example, we can see a bullish trend reversal in 4 hour chart of USD/CAD. And by connecting point 1 and point 2 we can draw Gann fan. Thus entry signal generated as soon as candle breaks out 2*1 lines for long position. And we should take exit signal when candlestick hit or touches 4*1 or 8*1 line.

Now 4 hour chart of USD/CAD, we can see breakout, and entry and exit signal for a short position.

We can draw 1*1 lines by taking point 1 and point 2. As soon as candlesticks break down 2*1 lines, traders enter into a short position. So as soon as candle hits 4*1 lines, an exit signal should be taken.

Summary

Gann fan indicator can be combined effectively with many other indicators like Fibonacci retracements, trends lines, etc. so in order to draw Gann fan properly it is crucial to identify low points and swing high.

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The relation between Einstein and Forex for ambitious

8 important trading tips you can got from Albert Einstein

There are some motivational quotes by Albert Einstein, so i want to talk about because they give inspiration for who think they can make a good thing in their life, like ambitious Forex traders, or hardworking students, or even normal people who want to make a change in their life standards.

So I will start immediately in these tips and I will try to explain each one as well as possible and I hope you find a useful thing in your ambitious life (something lost and you do not know how to find it, but you know it).

1- “It’s not that I’m so smart; it’s just I stay with problems longer.”

I can’t succeed overnight. Most of us especially retail or aspiring traders want money and seek for that to get it now so they got hooked on trading, scalping, over-leveraging, launching random decisions, they reach to the extent they want quick profit, and turn their trading into gambling.

So anyone knows the common rule says that- fast money you can achieve it by three mains , 1) invention , you should invent a new useful thing for people so everyone can use it and you can achieve a lot of money like Facebook, Google, and Angry Birds  , 2) stealing , 3) gambling , you are really so lucky.

By the way, money is the most sensitive and volatile market.

So you should be patient and learn from your mistakes and the mistakes of the others to not repeat them, you should practice and preserve, and you should be strong and try to achieve your goal.

2- “Any man who can drive safely while kissing a pretty girl is simply not giving the kiss the attention it deserves.”

You should manage your efforts on thing you are best in and focus on it. In trading, if you excel in one trading strategy, you should stick to it as long as it works and helps you. So, you can use it without wasting your time in testing new strategies of other traders or from internet that you do not know them and never listen or hear about, especially too much information can lead you to confusion, random and difficult choices.

3-“No problem can be solved from the same level of consciousness that created it.”

The recovering from losing is not easy task and it requires very smart trading decision, because you should know that losing is a part of the game.

So you will have to double the remaining of your equity to in order to break even, if your trading account is down %50 after for example 2 months? And I doubt!

4- “A person who never made a mistake never tried anything new.”

When you make a mistake it is normal thing, but UN normal thing is when you repeat it, you should learn from the mistakes of your own trading, emotions, bad strategies.

You are out of the game if you do not succeed, so make a list of things that did not work, in order to remember them and avoid them in the future.

5- “Insanity: doing the same thing over and over again and expecting different results.”

Change your trading strategy if it gives you poor results, and it is oblivious that there you are doing something wrong.

So if you want to get different results, you should change your actions.

6- “You have to learn the rules of the game. And then you have to play than anyone else.”

You must know everything about trading, all the dangers, you must aware of one thing is that most things in trading do not work as advertised.

7- “Information is not knowledge. The only source of knowledge is experience.”

You should practice and not spending all your time in reading the trading books, you should test different strategies and trading approaches in order to find what is suitable for you.

8- “Imagination is more important than knowledge.”

Knowledge without imagination , a person lacking to know what to do, because imagination helps people to apply their knowledge.so the trader in Forex market should know the basics of trading in order to imagine them in a different way.

I hope you find what you are looking for in your first step as trader or as ambitious normal person.

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