Archive for the ‘currency trading’ Category

With credit you have to move away from independence March 23rd, 2010

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46Finally, as you move into the Perform stage, you begin to feel an increase in Comfort with Interdependence with your partners. You must learn to move away from being independent and begin to think as much about your partner’s success as your own. You must begin to consider consequences your decisions have on your partner and learn how to dance a tango in perfect rhythm—not an easy task for people who live in a culture that values its independence.

Partnering isn’t easy. In fact, it is probably the hardest work you’ll do. Moving effortlessly through the Stages of Relationship Development happens only in an ideal world with perfect human beings. But human beings aren’t perfect. I confess I’ve made many mistakes in my partnering efforts.

But I understand that if I want a good partnership, I need to work to be a good partner. Even the best blueprint for  partnering—such as the Partnership Continuum model—cannot make up for a low PQ. The model works only as well as the people who are using it. And while using a blueprint is better than just letting your partnership evolve through happenstance, it is the individuals in the partnership who must have the skills to make it work.

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Deal with credit-specific issues in the past November 11th, 2009

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The bonds of Ericsson, Tyco and ABB. All three companies had credit-specific issues in the past and seemed to have overcome those at the time of writing (December, 2003). Their lowest prices were quoted almost at the same time (October, 2002) where risk tolerance reached the lowest level in a decade (measured by VIX). The important point to illustrate is that nonsystematic risks induced the first price falls in all three companies at different points in time. Idiosyncratic risks were responsible for the first massive downward price movement. In this situation, an assessment of the credit should not be based only on credit fundamentals but every credit portfolio manager has to evaluate what volatility his portfolio can sustain because the main task for a high-yield portfolio manager is to manage risk. Technical factors have to be considered because it is likely that market liquidity for a troubled bond will disappear quickly which will result in a “free fall” in price.

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Flourishing financial websites, but with invalid CSS/HTML November 11th, 2009

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Along with the explosive increase of the Web and flourishing financial websites that deal with a variety of topics such as payday loans, stock exchange, forex and real estate, companies have realized the profits that wait for those eager to build a strong online presence. When they decide to publish a financial website on the Internet, companies are able to build their brand, market their products, support any existing customers, release publicity pieces, and even take orders. However, very often lost in the fast pace of growth has been an eye on the influence that their current web-building business will exert on the bottom line and the perspectives of their online presence. Remember that not only does your website financial content have a significant influence on your company’s income but so does the way your website itself is created.

Preparing your site with necessary commitment to web standards – and continuously testing to ensure it keeps constant compliance to those standards – can save your business much money and possibly increase income generated by your website.

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