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Wednesday, January 11, 2012

How To Get Things Done While Being Mindful by Chris Smith


As you venture your way into 2012 and try to reach the goals, make the habits, and finish up the projects that you have outlined for yourself, you may start to see a bit of stress and overwhelm building up in your life. You become so concentrated on what you have setup for yourself to accomplish during the year that the “less important things” fall by the wayside. Most productivity gurus will tell you that this is a good thing; to make sure that they things that you are working on are the things that you want to do, are good at, and are important. It makes sense to concentrate on the things that keep you energized and creative. But, we may that because of all the attention we are giving to our “big ideas” we start to lose touch with some of the other things in life that are important. We have to accomplish the things that we have set out for ourselves all while staying mindful of what is important to us in our lives. And, boy, it can be tough sometimes. Make a list David Allen talks about our “Areas of Focus.” These are all the areas in our life that we deem important and that need attention to ensure that we are operating at a certain level of productivity with the least amount of stress. GTD is so useful, at least for this geek, because it concentrates on the lower levels of productivity first; tasks and projects. It’s a bottom-up approach that helps one “clear the decks” so they can start to look at the higher levels of their lives (ie. Areas of Focus). This is where some GTD practitioners get stuck. They concentrate on the task and project portion so much that they forget the higher levels. It’s important to get your deck clear as soon as possible, that is, closing all your open loops and making sure that you have everything on the task and project level accounted for. Then you can list the areas of your life and start to find balance. I make the list of my Areas of Focus in a mindmap and then review it at least once a month with my weekly review. Sometimes, especially if you are feeling extra unbalanced in your life, you may need to pull this list out to re-ground yourself. 


 My list: 


 Work
 Home 
 Husband 
 Lifehack 
 DevBurner 
 Finances 
 Health and 
vitality 
 Spirituality  Learning 
 Pets 


 Take some time and quiet yourself 


I noticed yesterday that most times I only think of myself. What am I going to do today? What am I going to write about? How will I have enough money for that? Am I going to make it this year? This constant, selfish self-talk had me wake up with a slight realization. I need to stop. And when I stop, I will think of others in my life. I don’t mean thinking of others in the way of “how am I going to do ‘x’ to help them.’ I’m talking about an honest look at the person or situation for what it is. You’d be surprised how often your mind is selfish. What will surprise you even more is that when you stop and think about others, many things that you may have been ignoring start to show up like realizing your anniversary is coming up, that you haven’t seen your friends in-the-flesh for several weeks, or haven’t talked to anyone in your family recently. Wash, rinse, and repeat The only way to stay mindful while accomplishing your goals this year is to make sure that you get in the habit of reviewing your Areas of Focus and stopping to reflect and think of things other than yourself. Our minds are constantly on; analyzing and troubleshooting everything around us. It’s a good thing that they are so powerful. But we have to use them vigilantly to ensure that we are paying attention to the right things and doing the right things in our lives. You can only make sure this happens by repeatedly evaluating your focus. Conclusion If you have been on the productivity kick for any period of time, you know just how hard it can be to stay focused as well as focus on the right things. The only way that I have found to keep this going is to make sure that you have defined what your focus should be and then stopping yourself and become mindful of it. Hopefully with this type of practice you can accomplish your goals this year knowing that what is important to you isn’t being ignored

Sunday, January 8, 2012

Socrates on Self-Confidence - Philosophy: A Guide to Happiness

Saturday, January 7, 2012

Two Videos on True Success







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Friday, January 6, 2012

Wednesday, September 28, 2011

John Murphy’s Ten Laws of Technical Trading ::





Which way is the market moving? How far up or down will it go? And when will it go the other way? These are the basic concerns of the technical analyst. Behind the charts and graphs and mathematical formulas used to analyze market trends are some basic concepts that apply to most of the theories employed by today’s technical analysts.”

The following are John’s ten most important rules of technical trading:


• Map the Trends

• Spot the Trend and Go With It

• Find the Low and High of It

• Know How Far to Backtrack
• Draw the Line
• Follow That Average
• Learn the Turns
• Know the Warning Signs
• Trend or Not a Trend?
• Know the Confirming Signs

1. Map the Trends
Study long-term charts. Begin a chart analysis with monthly and weekly charts spanning several years. A larger scale “map of the market” provides more visibility and a better long-term perspective on a market. Once the long-term has been established, then consult daily and intra-day charts. A short-term market view alone can often be deceptive. Even if you only trade the very short term, you will do better if you’re trading in the same direction as the intermediate and longer term trends.

2. Spot the Trend and Go With It
Determine the trend and follow it. Market trends come in many sizes — long term, intermediate-term and short-term. First, determine which one you’re going to trade and use the appropriate chart. Make sure you trade in the direction of that trend. Buy dips if the trend is up. Sell rallies if the trend is down. If you’re trading the intermediate trend, use daily and weekly charts. If you’re day trading, use daily and intra-day charts. But in each case, let the longer range chart determine the trend, and then use the shorter term chart for timing.


3. Find the Low and High of It
Find support and resistance levels. The best place to buy a market is near support levels. That support is usually a previous reaction low. The best place to sell a market is near resistance levels. Resistance is usually a previous peak. After a resistance peak has been broken, it will usually provide support on subsequent pullbacks. In other words, the old “high” becomes the new “low.” In the same way, when a support level has been broken, it will usually produce selling on subsequent rallies — the old “low” can become the new “high.”

4. Know How Far to Backtrack
Measure percentage retracements. Market corrections up or down usually retrace a significant portion of the previous trend. You can measure the corrections in an existing trend in simple percentages. A fifty percent retracement of a prior trend is most common. A minimum retracement is usually one-third of the prior trend. The maximum retracement is usually two-thirds. Fibonacci retracements of 38% and 62% are also worth watching. During a pullback in an uptrend, therefore, initial buy points are in the 33 38% retracement area.

5. Draw the Line
Draw trend lines. Trend lines are one of the simplest and most effective charting tools. All you need is a straight edge and two points on the chart. Up trend lines are drawn along two successive lows. Down trend lines are drawn along two successive peaks. Prices will often pull back to trend lines before resuming their trend. The breaking of trend lines usually signals a change in trend. A valid trend line should be touched at least three times. The longer a trend line has been in effect, and the more times it has been tested, the more important it becomes.

6. Follow that Average
Follow moving averages. Moving averages provide objective buy and sell signals. They tell you if existing trend is still in motion and help confirm a trend change. Moving averages do not tell you in advance, however, that a trend change is imminent. A combination chart of two moving averages is the most popular way of finding trading signals. Some popular futures combinations are 4- and 9-day moving averages, 9- and 18-day, 5- and 20 day. Signals are given when the shorter average line crosses the longer. Price crossings above and below a 40-day moving average also provide good trading signals. Since moving average chart lines are trend-following indicators, they work best in a trending market.

7. Learn the Turns
Track oscillators. Oscillators help identify overbought and oversold markets. While moving averages offer confirmation of a market trend change, oscillators often help warn us in advance that a market has rallied or fallen too far and will soon turn. Two of the most popular are the Relative Strength Index (RSI) and Stochastics. They both work on a scale of 0 to 100. With the RSI, readings over 70 are overbought while readings below 30 are oversold. The overbought and oversold values for Stochastics are 80 and 20. Most traders use 14-days or weeks for stochastics and either 9 or 14 days or weeks for RSI. Oscillator divergences often warn of market turns. These tools work best in a trading market range. Weekly signals can be used as filters on daily signals. Daily signals can be used as filters for intra-day charts.

8. Know the Warning Signs
Trade MACD. The Moving Average Convergence Divergence (MACD) indicator (developed by Gerald Appel) combines a moving average crossover system with the overbought/oversold elements of an oscillator. A buy signal occurs when the faster line crosses above the slower and both lines are below zero. A sell signal takes place when the faster line crosses below the slower from above the zero line. Weekly signals take precedence over daily signals. An MACD histogram plots the difference between the two lines and gives even earlier warnings of trend changes. It’s called a “histogram” because vertical bars are used to show the difference between the two lines on the chart.

9. Trend or Not a Trend
Use ADX. The Average Directional Movement Index (ADX) line helps determine whether a market is in a trending or a trading phase. It measures the degree of trend or direction in the market. A rising ADX line suggests the presence of a strong trend. A falling ADX line suggests the presence of a trading market and the absence of a trend. A rising ADX line favors moving averages; a falling ADX favors oscillators. By plotting the direction of the ADX line, the trader is able to determine which trading style and which set of indicators are most suitable for the current market environment.

10. Know the Confirming Signs
Include volume and open interest. Volume and open interest are important confirming indicators in futures markets. Volume precedes price. It’s important to ensure that heavier volume is taking place in the direction of the prevailing trend. In an uptrend, heavier volume should be seen on up days. Rising open interest confirms that new money is supporting the prevailing trend. Declining open interest is often a warning that the trend is near completion. A solid price uptrend should be accompanied by rising volume and rising open interest