June 20, 2008

7 Reasons Why It Is Important To Have Goals

Filed under: Online Management — admin @ 9:00 am

I recently had a conversation with one of my former students. She has been out of school for a few years now but isn’t satisfied with the direction her career has taken. In fact, she’s not too happy with her personal life either. Her voice developed more than a touch of whine as she said: “I don’t know what to do.”

So I asked her about her goals. Her response was a rather slack-jawed look of surprise. “Goals?” Well at least she wasn’t whining anymore.

I asked her what she would like to see her career in a few years. I asked her where she’d like to see her life in a few years. She knew the answers to those questions and quickly became animated as she discussed her desire to start her own business. We talked about what she would need to accomplish her goal and what she would have to change.

When we parted ways she felt a lot better about her job because she knew that she wasn’t trapped in it. She was taking a necessary step to prepare herself for a long-term goal. She had her eye on the prize and that focus energized her.

That is the power of goals. What are your goals? There are seven reasons why you need to have goals.

~ To give direction to life
~ To make sure we are the one choosing the direction of our life — not others, not fate, not the media, etc.
~ To motivate
~ To make sure we get what we want from life
~ To save time
~ To reduce stress
~ To give a sense of accomplishment

While it can be fun to live without direction in the short-term, in the long-term human beings are wired to need a purpose and direction. Goals give a sense of direction and purpose to life.

It is often easy to let others set our direction for us. We take a job because family or friends point us in that direction and then we follow the dictates of our bosses. We move in other directions because popular culture or the media tells us to do so. The simple truth is that if we do not set our own goals then we will find it too easy to follow a path set by others. This can lead to stress and unhappiness. We have a greater chance of happiness and fulfillment following our own path and pursuing our own goals.

While goals certainly give our lives direction, they also provide the motivation to get us through difficult times and choices. Perhaps going to college at night while working full-time may be stressful and difficult in the short-term, but in the long run being able to pursue the professional goals we desire will make it worthwhile.

Goals also serve as the destination for what we really want out of life. For some people, goals are measured in money or material goods, while for others goals are measured in time or freedom. If we do not have goals outlined that suit our unique perspective on life it is easy to become sidetracked by life and others.

Goals can also help save time. When your “To Do” list becomes too long and your calendar too full, then you can simply compare your goals to the list. What items help you achieve your goal? What items are necessary to your goal? Scratch off the rest as unimportant.

Just as goals save time they also reduce stress because using your goals to focus your life and choices makes it easier to make those choices. Should you take that new position at work? How does it match your goals?

Finally, goals give you a measurable sense of accomplishment. Every goal you achieve, in fact every step you make toward that goal, can give you a boost of energy and momentum to keep going. Each success powers you toward the next level of success.

Now go out and set your goals!

Deanna Mascle publishes the ezine Words Of Inspiration Online and blog Smiles By Dawggone.com

FOREX, A Trending Market

Filed under: Economy + Finance — admin @ 8:09 am

The Forex market is widely known by its high liquidity and high volume of transactions occurring during most of its long trading week. These characteristics highly contribute to make the Forex market a very trendy market with few trend-less periods during the whole trading period.

But what does this mean to the Forex trader? Mainly this trendy characteristic of the currency markets means that there will be plenty of opportunities for the trader to find profitable trades during the day.

As you start analyzing forex charts you will realize that the market often display’s some very familiar patterns of price movement, this is; trends; and you will notice that once a pattern is established, it becomes the most probable course of future price action until the market changes. Giving you a good forecast of what comes next with the currency prices.

There are two types of markets which will become very important for you to identify and understand; these are: trending and, the less frequent, trend-less markets. Each market type has two specific patterns which you will also notice over time.

A Trending market is defined as a steady, elongated price movements with less than a 45 degree angle with occasional pauses, profit taking, or resting periods.

In a Trending market, you will notice two main and quite evident patterns:

Uptrends - A pattern of higher highs and higher lows.

Downtrends - A pattern of lower lows and lower highs.

There is also the less frequent kind of market, this is a Trend-less market with erratic price movements which are often steep (greater than 45 -degree angle) and cannot sustain and therefore must reverse. Although the movements can move many points in a short period of time, they are constantly and rapidly oscillating with the consequence that they often result in very little net price movement over time.

In a Trend-less market, you will find these main patterns:

Choppy - An erratic pattern of higher highs and lower lows.

Sideways - A narrow pattern of lower highs and higher lows.

While up-trend and down-trend periods will offer excellent trading results most of the time, choppy markets often create stop outs, this is they activate your stops by constantly overshooting your projected resistance level but without never really crossing too far from this level; while sideways markets produce for little in either direction making them hard to trade and to make any profit during these periods.

As always in Forex, your main trading objective is to get into profitable trades most of the time and a trending market is the perfect situation to find this profitable trades by riding the trends until you make your target profit objective of the day.

Adrian Pablo is a Forex freelance writer with articles published in a number of places. Get a free report on Fibonacci Trading and learn more about the world of trading , visit:

=> http://www.1-forex.com