Making Money ..... Understanding the Stock Market & Why Stocks Go UPWritten by Larry Connors
In stock market it's not unsual to see a stock go up more than 15% in less than 5 minutes on a good momentum day. It could seem that making money in market is just a matter of buying one of those fast moving stocks and riding them for profits. In a way it is, but there is more to it.
The problem is, that if you don't know what stocks to look for and how to properly approach them and simply leave everyting to luck, you could end up wasting money instead of making your profits grow.
That's why most important aspect of momentum trading is knowledge FILTER you employ to make your buy and sell decisions.
There are many "fantastic" stock systems and trading strategies outhere, but you need to test them in order to discover which ones help you most. That's part of your homework as a stocktrader. Test, test and test again.
Complicated stock trading strategies that rely on a "boat load" of technical analysis indicators can make you slow, and being slow when trading hot momentum stocks can be as dangerous as not knowing what to do in first place.
Get It Done! Soft Skills not Hard Tools are RequiredWritten by Chuck Yorke
If your organization has people, then interpersonal skills are needed.
I work with companies that are on a path they call lean journey. Whatever you call it, it’s based on Toyota Production System. Some manufacturers embraced it and it became known as Lean Manufacturing, expanded into Lean Office or Lean Enterprise. During this transformation approach became focused on tools, but Toyota’s approach is about people.
The focus of Lean Manufacturing training has been on technical skills such as value stream mapping, 5S, and set-up reduction. People skills; also known as “soft skills” or interpersonal skills haven’t been much of a priority. Difficulty in moving from a traditional to a lean organization is usually blamed on culture of organization. If this is true than interpersonal skill training needs to be a higher priority. Communication often determines if transition succeeds or not. Could “soft” stuff actually be more important than “hard” stuff?
Somehow, many companies seem to believe that training managers to “create a vision” and engineers to map value stream, make work instructions visible and dictate how to clean and organize will magically transform company.