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Stop Smoking Tips and Programs on How to Stop Smoking

by admin on Sep.22, 2010, under Stop

Stop Smoking Tips and Programs on How to Stop Smoking

Ways and tip to stop smoking: Stop Smoking isn’t just hard on your body – it is dangerous for anyone living or working around you. When you stop smoking, you’ll typically see an overall improvement in your health. Sometimes, that is easier said than done, though. Many smokers have tried unsuccessfully to stop smoking in the past, but if you’re really dedicated, you can try the following stop smoking tips and programs to help you beat cigarettes!

One of the best ways to stop smoking is to talk to your doctor. Patches, pills, chewing gums, and other medications can help you quit without looking back. Cold turkey doesn’t work for everyone, but that doesn’t mean that you’ve failed. With your doctor and a little patience, you can slowly cut back on your smoking until you’ve quit completely. Although you may have heard about many of the common medical programs used to stop smoking, there are also some experimental new treatments that have helped many people find success.

For example, have you talked to your doctor about the stop smoking laser? Lasers stimulate the skin, releasing the same endorphins in the brain that are released when you smoke. The stop smoking laser helps eliminate the urge to smoke — and it also boosts your metabolism, which can stop you from gaining weight, a common problem for smokers trying to quit.

Other ways to stop smoking that you might want to explore include stop smoking shots. These shots block certain receptors in the brain that make you want nicotine. The exact medication involved in a stop smoking shot vary according to your needs, but in general, these shots have succeeded as a stop smoking tips to many people who eventually give up cigarettes for good.

There are also non-medical ways to stop smoking, some of which you might know about already. Others are unique solutions that many never consider! Here are some great stop smoking tips that might help you:

¨      Spend more time with your family. You already know that second hand smoke is bad, so when you are around your children or adult non-smokers it will help motivate you to avoid lighting up.

¨      Don’t fall back into smoking even if you make a mistake. Everyone has bad days, but smoking one cigarette does not mean that you have failed. Stay on your program, even if you have a small misstep.

¨      Avoid stress. Smoking helps calm your nerves, but if your nerves don’t need to be calmed, you’ll have less of a reason to smoke.

¨      Find a walking partner or jogging partner. Try to schedule your runs or walks during a time of day that you typically have a cigarette.

¨      Stay away from places that sell cigarettes, like convenience stores. Don’t give yourself an opportunity to buy them.

You don’t always need medical help to stop smoking, but when you are ready to make this change in your life, it is important to talk to your doctor. Even without the stop smoking shot, stop smoking laser, or other programs, your body can experience side effects like tremors and headaches. Your doctor can help you treat this withdrawal without resorting to lighting up again. With a little help, you can stop smoking!

Emeka Ezidiegwu is a Webmaster, Author, and Internet marketer. If you’re informed by this article, please visit us at Online Medicine Info; for this and more related articles like: stop smoking tips or quitting smoking zyban plus much more.

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Metatrader Overview. Stop Loss

by admin on Sep.09, 2010, under Stop

Metatrader Overview. Stop Loss

Standard Stop Loss

Stop Loss have to be divided into two types, same as Take Profit. The first type is automatic, the second is manual. The main function of Stop Loss is to minimize losses when the price rushes in direction that is opposite to the desirable.

Let’s first look at the automatic Stop Loss. It is activated as follows: an order is opened and value of Stop Loss is being set as an absolute value lower than opening price. In case if the Stop Loss level is reached, the order is closed automatically.

Let us look at an example.

Ask price=1.4040, Bid=1.4038. We open a BUY order. Opening price is 1.4040. Let’s set Stop Loss=1.4020. Price ticks down and passes the level Bid=1.4020. The order is closed automatically. The loss is 20 pips.

The similar situation for SELL order

Ask price=1.4040, Bid=1.4038. We open a BUY order. Opening price is 1.4038. Let’s set Stop Loss=1.4063. Price goes upward and passes the level Ask=1.4063. The order is closed automatically. The loss is 20 pips.

One of the features of Stop Loss is that it cannot be set too close to the order opening price. Minimal distance can be different and is being set according to configurations of the broker server. Value is counted from the opening price. I.e. from the Ask price for BUY orders and from the Bid price for SELL orders.
During the time when the order is open, we are able to change the Stop Loss value. Herein, rules for distance of a new Stop Loss value are exactly the same as during the order opening. The only difference will be that current price value has to be used but not the order opening price.

For convenience, the traders use relative values of Stop Loss in the pips, e.g., for the value of SL=25 at current price of Bid=1.4038 and Ask=1.4040, absolute value of Stop Loss for BUY order will be 1.4015, and for SELL order under the same conditions it will be 1.4063. I.e., Ask price is taken as a basis for the BUY order and Bid price is taken for the SELL order. In this manner, when closing an order on Stop Loss event we will receive precisely 25 pips of loss.

Manual Stop Loss.

Manual method of order closing differs from the automatic one in the way that in case of reaching Stop Loss level, the order is not closed automatically, and it has to be closed manually. Such method is not very effective because additional efforts are required, but there are cases when it is reasonable to use particularly manual closing. E.g., when we need to use a function of partial closure of an order under different levels of loss for one and the same order.

Let’s take a look at an example. We open an order with 3 lots volume. And we will close one lot at a different level of loss. SL1=10, SL2=20, SL3=30. When reaching SL1 and SL2, parts of the order will be closed manually and closing of the part at the SL3 level will be done automatically.

In this manner, with the Bid price =1.4038, Ask=1.4040, the parameters:

For BUY order will be as follows: open price=1.4040, manual Stop Loss SL1=1.4030, manual Stop Loss=SL2=1.4020, standard Stop Loss=SL3=1.4010.

For SELL: open price=1.4008, manual Stop Loss SL1=1.4018, manual Stop Loss=SL2=1.4028, standard Stop Loss=SL3=1.4038.

Manual method of order closing as per the Stop Loss level has one disadvantage minimum. If a technical deficiency suddenly occurs on the trader side, then it would be impossible to close the order timely at least. In automatic method, order will close in any case regardless of technical state of the metatrader terminal. Thus, trader is responsible for manual order closing, and broker is responsible for the automatic closing. These peculiarities have to be obligatory taken into account when choosing parameters for the order being opened.

Alexey Koshevoy, AirBionicFX founder and CEO

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Stop Loss Order for Day Trading

by admin on Aug.25, 2010, under Stop

Stop Loss Order for Day Trading

What is Stop Loss Order?

Stop loss order is an order to close position if/when losses reaches a particular point. In other words this is an order by which you can decide the maximum loss that you are ready to accept. Here we are going to discuss only Stop Loss Order regarding Day Trading, but the same principle can be used for Swing Trading or Long Term Trading.

Following Example can explain the point.

If u have placed a buy order at 100. You need not place a stop loss order till your trade gets executed. Once your trade gets executed, you have to place another order for Stop Loss.

Now lets assume that CMP(Current Market Price) is 100.50.

Stop Loss Order should be like this

Type= Sell

Quantity = Quantity you have got (received).

Price=99.40

Trigger price =99.50

Note: Trigger price is the price at which your order gets triggered (fired). Till then it’s on hold.

So in our example If CMP falls from 100.50 to 99.55 nothing will happen but at 99.50 your order (Stop Loss) for sell will get executed at a price of 99.40 so your loss would be limited to 0.60 (100-99.40) only.

Additional Points:

Percentage Of Stop Loss

For day trading stop loss of 1-2% max is recommended. Some traders like me use 0.5% stops, which is what I have explained (100-0.5%*100=99.5). You have to decide the % according to your experience & confidence.

If you don’t use stop loss order the price can go down by 5% or even 20% & you won’t be able to do much then, hence for every trade without fail you should use stop loss order.

A warning, don’t ever think that just because you have placed stop loss order, you are 100 % safe. That’s not the case even after a stop loss order you can suffer huge loss. Surprised? See how.

In the above example if the your stop loss order gets triggered at 99.50 for 99.40 but there is no buyer at 99.40 so the order will get triggered but not executed till there is some one ready to buy at 99.40. In mean while some one else has put a sell order at 99.30, now you are at number two still waiting, then if some one puts a sell order at 99.10 you are at number three & hence your order may left behind while others keep putting orders at less than your order & you may wonder why my stop loss order did not get execute!!!!!!!!!!!

Solution for above problem is as follows.

The gap between trigger price & price is important. If you want your stop loss order to be more secured, increase the gap.( Gap between Trigger Price & Price). i.e. triggered price at 99.50 & price 99.10(instead of 99.40). You should change the gap depending upon the share you trade. More volatile stocks require big Gap while for slow movers small Gap is enough. You can decide the Gap on the basis of difference between best buy & best sell (bid /ask) in second window.

Stop Loss For Shorting

For shorting that is selling first & then buying, the stop loss order has to be reversed as follows.

If you have shorted at 100(CMP=99.50)

Stop Loss order should look like this

Type =Buy

Quantity = Quantity you have shorted

Price=100.60

Trigger Price =100.50

Cancel/Modify Stop Loss Order

The most important thing if your stop loss does not get hit & you earn profit by squaring of your position; do not forget to cancel the stop loss order. Yes I repeat do not forget to cancel the stop loss order. Other better option is that you can modify your stop loss order as Trailing Stop till the execution. (I do this as I forget to cancel the stop loss order.)

Following example can explain how you can do this.

Your Stop Loss for first example was 99.50 for 99.40, right? Now if the CMP has gone up from 100.50 to 102.20, you can modify your stop loss order to 101.10 in place of 99.50 & 101.00 for 99.40. If price keeps going up, keep following the price by modification.

Always remember the following rule.

For buy’s Stop Loss Order (Type=Sell) “Trigger Price” should be more than “Price” of Stop Loss Order & for Short Selling’s Stop Loss Order (Type=Buy) “Trigger Price” should be less than “Price” of Stop Loss Order.

Important Note:

Some Trading Systems allow Trader to enter Stop Loss Order at the time of Actual Order and some Systems allow Stop Loss Order to get automatically cancelled against squaring off position.

Happy Day Trading

Vishal Deshpande

Beutiful voice.
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