BY PRICELINE TRADING SYSTEM – www.PricelineTrading.com
In some ways, day trading can be a great job: no bosses, potentially large income, take a vacation whenever you wish—you can even work in your pajamas if you want. However, no one wants a job where he or she loses money going to work. Most day traders do lose, but the high profit potential and flexible lifestyle associated with day trading keeps many people motivated to continue trying. New traders as well as more experienced traders often wonder and search for the perfect indicator, the “amazing method.” Unfortunately, there are no perfect indicators or methods. But there is a great deal of trial and error, evolving market conditions and many obstacles against you. A successful path for one trader may not be right for another, and different traders can have very different ways of implementing the same risk, knowing that one single trading day is just a small piece of a much bigger puzzle. I have been assisting clients with day trading online for nine years. I have never witnessed a situation where one single day “made a trader,” but I have witnessed many single trading days that destroyed traders. In the example, trader A, who started the day with $10,000, should have a daily loss limit (depending on the level of aggressiveness) somewhere between $700 to $1,000. (I will provide a specific way to calculate your daily loss limit later.) The next step, now that you have decided on what your daily stop limit should be is to identify which level of profit will trigger breakeven money management. By that, I refer to a level of daily profit that triggers the thought: “I am up X amount today. If, for whatever reason, the rest of my trading today does not go well and my daily profit/loss is back to zero, I should call it a day.” It is my opinion that once a trade reaches a critical level of profit, it should not turn into a losing trade. Aside from the financial implications, the psychological impact of watching a nice profit turn into a loss can spell disaster, as it opens the door to negative psychology that can spin out of control. The same applies to your trading day as a whole. Knowing that you have the mental toughness to walk away from trading if a profitable day reaches the breakeven point will reward you greatly the next trading session. Going back to the example: Once trader A’s $10,000 starting balance for the day generated a profit of $500, he should not see his profit/loss for the day turn negative. Moving on, you should also decide on a certain profit target that is higher than your breakeven point. That level of profit, when and if achieved during the day, should trigger a corresponding trailing stop. Assume that trader A is now up $1,000 during the trading day and after implementing the new daily risk management strategy, has decided that if he is ever up a $1,000 during the trading day, his trailing stop is $500. That means trader A will continue to trade as long as he does not give up more than $500 from the intraday high mark of profits. If trader A continues to do well and is up $1,400 for the day, he should not finish the day with less than $900 in profits. If his profit/loss comes back down to $900, trader A should flatten positions and call it a day. By implementing this technique, he allows himself to continue trading as long as he does not give up too much of the profit for that day. Hopefully, these words of wisdom from a thirty year trading veteran will help you become a success at trading. Master the art of successful trading with PricelineTrading.com. We have over a combined 50 years of experience in the trading industry. This experience ranges from working at the CBOT with Alpha Futures in the Treasury Bond Pit, Arbitrager at the CME S&P 500 trading pit and Futures Broker for exclusive clients at Lind-Waldock and Company. By having this type of experience we can help any trader succeed if they are willing to learn. Please visit PricelineTrading.com’s other websites, blogs and social media: WEBSITES Priceline-Trading.com Priceline-Trading-Info.com About-Priceline-Trading.com AboutPricelineTrading.com PricelineTradingInfo.com PricelineTrading.com BLOGS WordPress Tumblr Weebly
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However despite various benefits from access control, it is also subjected to a lot of challenges. Few of the challenges are that varied levels of access are required by multiple users such as internal and external users, partners, contractors etc. Information usage has also different classification such as public, private, confidential, for external use, for internal use, etc. and thus accordingly access control mechanism has to be designed and executed. Varied identification data has to be stored for multiple users and that include login credentials, personal information, passwords, contact and email information, digital certificates and signatures, data related to their work, etc. Moreover access control mechanism also seek challenges from the dynamic corporate environment and needs to be continuously updated for meeting business requirements, updating employee count and information, meeting information access needs, etc.
By Brunson Stafford
You might have spent some time regretting some of your recent fashion choices, but your choices are probably not nearly as bad as some that have been made by fashion designers in the past. These fashion “trends” of the past may seem bizarre on first glance, but when you take a closer look at them things start to get really weird! Many of the fashion trends in the past have focused on making women more appealing, but they were also used for more nefarious purposes. Some of these fashion trends were actually used as a way to control both women and men alike. Here are some of the worse ones; Crinolines The crinoline was a gaudy hoop-like dress worn in the 19th century. They were usually made from wood or horsehair, but sometimes they were made from steel! It was fashionable for women to have wide hips in the 19th century, and the crinoline was meant to accentuate the hips. Kim Kardashian would be jealous! Unfortunately, many women died wearing these contraptions, as they could not escape through the doorway when there was a fire. Women wearing crinolines would also get caught up in gusts of wind and be tossed off cliffs! They would even get caught in carriage spokes. What a way to die! Chopines Chopine shoes were popular with Venetians in the 16th and 17th centuries, as they were invented to help women walk through muddy streets. It was also fashionable for people to be tall in theoe times, so the chopine helped people gain several inches of height. Codpieces Codpieces were invented so men could prove the power of their penises. Kind of like the Monster Trucks or sports cars of today! They were usually made out of wood (ahem!). Bombasting This was popular during the Elizabethan era. Women would bombast their sleeves to create a sort of “leg-of-mutton” arms. Men would bombast their belly areas to create the illusion of prosperity, as men who were slightly overweight were supposed to be wealthy. Hobble Skirts Men have always liked to control women throughout the ages, but the hobble skirt really took the cake! The skirt itself, otherwise known as the “speed limit skirt”, was designed to specifically slow women down and prevent them from taking large steps. The skirt was designed to “hobble” a woman, much like the same way that an animal’s legs are tied together to keep them from running away. Black Teeth And one of the most bizarre fashion trends on this list was having black teeth. This weird obsession stemmed from Queen Elizabeth I, as she had a thing for sweets and her teeth were black and decaying. During those times women would purposely blacken their teeth to prove they had enough money to buy sugar! Brunson Stafford is the CEO and Founder of WBS Public Relations. You can find Brunson on his websites, social media and blogs; www.BrunsonStafford.com www.WBSPublicRelations.com www.WilliamBrunsonStafford.com www.WilliamBrunsonStaffordPublicRelations.com www.wbspr.com Brunson Stafford on Tumblr Brunson Stafford on Blogger Brunson Stafford on WordPress Access control is defined as a mechanism or security method to control and regulate the access of work, data and grants permission for accessing and using resources in technological environment. Generally in the environment of working on a database, a user is requested to enter his login credentials to a system and go through the authentication process to verify the user authenticity. After the authentication process, access control security system executes and it matches the user login id with the database of access control to keep a check on the user operations and refrain the user from accessing the services which are locked for the user credentials. Access control can also be defined as a way to restrict access by the means of virtual and physical way to a system. In language of computers, access control is a mechanism by which either users are restricted or granted permission for the access of information and resources.
How access control function? Access control is the passage through which information flows between a subject and an object. A subject is classified as an active unit that seek permission for accessing the data within the object such as a process or user defined programs. An object is classified as a passive unit that holds the required resources and information such as a program, file, computer or a database. Importance of access control The importance and benefits of access control are in both physical and logical form. For example the proximity cards and proximity key fobs provides access control in a convenient physical form of small size devices. Access control protect systems from unauthorized users and hackers attack. It restrict and monitor the administrator usage. It protects the system by suspending the account due to several unsuccessful login attempts. It deletes the user accounts which are obsolete and non-functional as the user left the organization. Access control system impose authoritarian access rules. It disables the usage of unwanted services, ports and features. It sets up rules for setting the desired password such as content, password active duration, length, storage, etc. for security purpose and also implements rotation of passwords. Access control mechanism create audit logs and also conducts periodical auditing of work and generate required reports. Various varieties of proximity key fobs, proximity key tabs and proximity cards are present in the market that work with the feature of contactless technology. To name few are, HID proximity cards, AWID proximity cards, indala proximity card, kantech proximity cards, etc. Broadly proximity cards are of two types, passive and active cards. Passive proximity cards uses RF signals and have low read range and are predominantly used by organizations, in libraries, public transit system, etc. On the other hand, active proximity cards or vicinity cards make use of lithium battery fitted internally. They have high read range than passive cards and can read from a distance of 2 meters. As these are dependent on batteries, they are required to be replaced. Pros and cons of Proximity Cards There are various benefits of using proximity card as by its use access control is granted. Not only proximity cards provide better access control, but also great security measures. As these proximity card are provided to all the employees, these are not very expensive, but more than the expense it increases the safety measures. These low price proximity card are also used for monitoring the attendance of employees as audit reports can be easily generated by accessing proximity card for entry and exit. Moreover the proximity cards are compatible with multiple proximity readers and thus it made it more flexible to use. About Proximity Key Fobs
Simply key fobs, remotes key fobs are few other names use for proximity key fobs. A proximity key fob is a small device that is pocket size and highly convenient. Along with contactless technology, it also possess iButton credential feature. Since 1990, proximity key fobs are in the market and these are primarily used for cars for automatically locking and unlocking the car’s doors and also to ignite the engine to start the car. Proximity key fobs are programmed in such a way that it integrate with the individual security measures. How does it works? Locking, unlocking and starting the car without the help of a key is the unique feature of proximity key fobs. An antenna is embedded in the car which transmits radio waves signals that are recognized by the proximity key fobs. Locking and unlocking feature of the car automatically works as soon as the proximity key fobs comes closer to the car. It is so effective that the car doors open by just touching the handle, if the proximity key fobs is around. Not only this, immobilizer can be unlocked through the smart key fobs and the engine can be started without placing the real key in the ignition switch. However this can only work when the proximity key fobs is available inside the car. From security viewpoint, proximity key fobs are designed in such a way that every time the proximity key fobs absorbed varied radio frequency signals that are transmitted by the embedded antennas in the car and the antennas every time make sure to generate new frequency radio signals. Pros of Proximity Key Fobs Convenience is the biggest advantage of using proximity key fobs. To access its technology, it is not necessary to even hold the key fobs in your hands. It can even work if it is placed inside a pocket. Now a day’s most of the car manufacturers are focusing on providing proximity key fobs to their customers as the push-button technique for the ignition is in great demand among the car users. Moreover it protects the vehicles from theft as doors cannot be unlocked without the key fobs. Not only the feature is used in cars, but it supports other function too such as public transit system, payment transaction i.e. cashless vending, and also supports access control mechanism. Cons of Proximity Key Fobs Mishandling is the major drawback of using proximity key fobs. In case if it is lost, proximity key fobs replacement cost is much higher than the traditional keys. Not only the cost but its availability is also an issue as these key fobs are only available with the registered and authorized dealers of the car. With the increase use of this technology, higher number of accidental and injuries cases have been found, and the worst case could be leakage of carbon monoxide as the car user or driver left the car without checking whether the engine has been shut or not |
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