Tuesday, 1 December 2009

Textbook Options Strategies Or Real Options Strategies

What is the difference? Some may shout.

There is indeed a very BIG difference. I used to search for options strategies all the time as I thought it will make me a better trader. But does it really help a trader to trade better?

My answer is Yes (30%) and No (70%). Most “options strategies” searches (both online or offline) normally lead to what I call the textbook strategies. Textbook strategies are those that you can find in the books from any bookstores or even FREE online. In case you do not know, there are more than 50 types of textbook options strategies in the market. They are like the “straddles, strangles, butterfly spread, calendar spreads, iron condor and whatsoever”.

The answer was a 30% Yes because it may help you adjust your trades at times and 70% No because in most cases, you don’t need them.

In the past, I used to want to know all the strategies but after mastering the 26th, I stopped. Because I start to realise that I use less than 5 of them to profit from the market. And the best part is, most of my trades are purely based on buying calls and puts contracts.

Whenever people ask, “if you are only trading calls and puts, why don’t you just stick to stocks?” And the questions usually come from the people who know many textbook strategies. But my answer is always simple. “Options trading offer me the leverage and flexibility that stocks cannot provide.”

And for me, I chose not to focus on all these textbook strategies and instead focus on real options strategies.

What are real options strategies? In another words, it is analysis. I prefer to just stick to the simple buy call and put contracts rather than to perform a complicated trade and end up paying more commission (although it is cheap).

I focus on studying the market movement, when to enter and when to exit. And once I have identify when to enter, I will just buy a call if I believe the market will continue going up or buy a put otherwise.

This way, I keep my trading as simple as possible so that I can use the rest of my time to accompany my loved ones. Isn’t that why you picked up or plan to pick up trading for? If yes, then keep things simple!

However, I am not asking you to just know how to buy calls and puts. There are some textbook strategies that will be useful for you and you may want to read on and understand. Those that I believe are useful are the spreads.

If you do not know what they are, go grab any options trading book and study debit and credit spreads. It will be useful for you if you wish to be on the road of options trading.

Remember; keep trading as simple as possible.

Everything you do. All you need to do is to keep things simple and you will win the game.

Google Says Adios to Gears, Hola to HTML5


Earlier today we explained how HTML5 will change the way you use the web, including how HTML5-supported offline access handles basically the same functionality as Google's Gears browser plug-in. It seems that Google's well aware of this fact, too, and the Los Angeles Times is reporting that Google is "letting the sun set" on Gears:

"We are excited that much of the technology in Gears, including offline support and geolocation APIs, are being incorporated into the HTML5 spec as an open standard supported across browsers, and see that as the logical next step for developers looking to include these features in their websites," wrote a Google spokesman in an e-mail.

It's good news in the long run, but not all that great of news for many in the short-term, considering Gears isn't available (and won't be) for Snow Leopard, and Chrome for Mac won't support Gears. In a nutshell, that means a lot of people won't be able to fully take advantage of either Gears or HTML5 during the interim

Diabetes Mellitus in Children

Our bodies depend on glucose for energy. In order for the body to utilize the glucose, the cells of the body have to extract it from the blood. To do this they need a hormone known as insulin. Insulin is produced in the pancreas. If the pancreas does not produce sufficient insulin or if the cells of the body do not respond correctly to the insulin that is produced the level of glucose in the blood will increase because the glucose is not being absorbed by the body's cells. The result is a disease called diabetes mellitus or more commonly diabetes.

The normal glucose level in the blood is from 65 to 120 milligrams per deciliter or (mg/dL). Under normal circumstances this balance is maintained in spite of a surge of sugar following eating a meal or snack or a few hours without sugar when one doesn't eat, for example, at night while sleeping. However, when insulin is not produced or utilized normally, the balance is disrupted and glucose levels either rise too high or fall too low. There are three types of diabetes mellitus: Type 1, Type 2 and gestational diabetes.

The form of diabetes that is common to children is Type 1 diabetes.

Type 2 diabetes usually affects adults over forty years of age although it can develop in children and this is now happening more often than in the past. Gestational diabetes is restricted to pregnant women. Type 1 diabetes is classified as an auto-immune disease.

Because the immune system attacks the insulin producing cells of the pancreas, the body has less insulin available than is required. Type 1 may be genetic or it can be the result of a virus. Scientists are not sure about this. Both boys and girls are equally susceptible to Type 1 diabetes.

Scientists also do not understand why Type 2 diabetes is suddenly starting to affect children. However, they believe that this may be due to overweight and inactivity. Symptoms of diabetes in children include excessive thirst and urination, weight loss or failure to gain weight, fatigue and large appetite. Since treatment can be a lifetime procedure, it is important that parents and children work together to manage the diabetes. The child must learn the importance of checking and maintaining proper blood sugar levels. If insulin injections are required, the child must learn how to do this and must know the schedule for the injections.

Maintaining a proper diet is extremely important and this may be difficult with children. Parents can control what the child eats at home but away from home and in school is a different matter. Most young children are fond of sugar snacks such as candy and these need to be avoided. However, diabetic children can have sugarless candy.
Diabetic children also need to eat on a regular schedule of meals interspersed with healthy snacks. In addition, they must follow a regular exercise program. Teachers and school administrators should always be advised if a child is diabetic and they need to be informed of medication schedules and diet.

Pink Beanie Caps Just For Fun

There are many uses for the adorable classic cap called a beanie cap. The cap itself comes in many colors: pink beanie caps, orange beanie caps, and even striped and polka dotted ones. Girls just love to dress up in fun outfits and top them off with pink beanie caps. These hats can be worn to school or out for play. Even adults are wearing these fun and quirky little fashion icons. There is no limit to the number of ways this little accessory can be donned. It can add a splash of color and a dash of whimsy to any ensemble.

Perhaps you are looking to do something more substantial with your pink beanie caps. In today’s economy, fundraising is getting tougher and tougher. You need to come up with cool new ways to entice people to give to your charity. With pink being the color of breast cancer awareness, why not sell these lighthearted items to lift the spirits of the givers and making giving to a worthwhile cause a little bit more fun. You can make the giver stand out from the crowd when they don their new cap and can proudly display their support with a smile on their face and everyone around them.

If you are going to sell or give your pink beanie caps away at a fundraiser you will need to get the caps in a bulk order. This means you have to get as many hats as possible to get the lowest price. Of course, the lowest price is always free if you can get a company to donate the hats or to buy the hats for you. Companies usually do this in exchange for a sponsorship acknowledgement as they are trying to help, but also build corporate goodwill in their community. The key is to accurately estimate how many hats you will need and maximize your purchase.

In order to get the best price for your pink beanie caps, you need to get as close to the manufacturer as you can in the distribution chain. This means you have to find the closest wholesaler in the chain to give you the best bulk price. The bigger the order, the lower the price will be. Many companies say they are wholesalers, but they are really just retailers without a store front. Do your research and compare prices, shipping costs, and delivery timelines to make sure your caps will arrive on time.

Once you have your pink beanie caps, you may want to get them printed by a professional printer. Be sure to build in two to three weeks for the printing process depending on how large the order is. Make sure you choose a printer that is reputable and reliable because you may want to go back to them multiple times for an annual fundraiser. This is especially important since you are charged one time up- front fees for making the printing screens. If you return to the same printer you are not charged again for the fees.

Reviewing the Intimus 302 Series Strip Cut Paper Shredders

Do you need a paper shredder that can handle a lot of work quietly? If so, you need to take a look at Intimus' 302 paper shredders. These are powerhouse shredders that can handle just about anything you feed them, while operating very quietly. The 302 paper shredders come in two different varieties: one produces 1/4" shreds and the other creates 1/8" pieces. To find out more about these great shredders, continue reading and learn why an Intimus 302 shredder is a great addition to any office.

The Intimus 302 1/4" and 1/8" machines look alike and operate in similar ways. Each machine was designed to be as sleek as possible, so you'll have no problem storing one of these machines under a desk or next to a photocopier or printer. These shredders have a horizontal opening (also known as a "throat") that measures 9.5 inches across so you can shred just about anything. The 302's can even munch up paper clips and staples thanks to their heavy-duty blades. You should note that the 302 shredders are strip-cut shredders and while they offer a medium level of shredding security, a cross-cut shredder will provide more security if you need it.

The 302 shredders are very typical of Intimus machines in that they were designed for super quiet performance. This is a vital feature to have when purchasing a paper shredder because it will cut down on the amount of noise in your office. Less noise can lead to better levels of concentration and increased productivity. The 1/4" machine has a shredding capacity of 22-25 sheets, which is pretty incredible. Meanwhile, the 1/8" machine can destroy 16-19 sheets at a time, so both machines have rather high shredding capacities which is great if you need to destroy a lot of documents at once. Both of these shredders have waste areas measuring 1.25 cubic feet, as well as automatic on/off switches and continuous-duty motors so you can keep shredding without any downtime.

The Intimus 302 paper shredders lack a lot of the special features found in the company's newer machines, such as the Pro 32CC. For one, the 302's don't have the company's patented i-Control system that alerts users as to when the machine needs maintenance (such as oiling) and when to empty the wastebasket. They also can't shred plastic media such as credit cards, so if you need a machine that is capable of destroying items such as CD's or DVD's, the 302 shredders aren't a good choice. (However, Intimus' Pro 26CC and 32CC units can definitely help you out in that department.) Finally, the 302's lack casters makes these units a little bit difficult to maneuver about, so keep that in mind if you plan on moving your shredder a lot.

While the Intimus 302 machines lack the advanced features found in newer Intimus products, their impressive shredding capacities keep them in the running. These machines are perfect for offices that need quiet shredders that provide a moderate amount of shredding security and the ability to destroy a lot of paper in one pass. They're also slender, so they won't take up a lot of valuable office space. If you need a shredder that's sleek and fast, consider purchasing an Intimus 302 strip-cut shredder today.