Your Questions About Paper Trading Online

Lizzie asks…

How does the process work to buy a stock?

first u study the stock and do research on it.
how do u purchase it online or in person?
whats involved in the transaction?
what do i do when i want to trade or sell it?

John answers:

There was a commercial series begun years and years ago. When V-8 Juice was competing for the then-popular tomato juice habit, they showed someone drinking tomato juice at a restaurant or at home, then someone else walks by with V-8 juice. The tomato juice drinker bops himself on the forehead and says, “I could have had a V-8!”

You read your paper tomorrow and do a V-8 bop and say, “Hey, Apple may have something!” You then check your bank balances and say, “Hmm, I can scare up a little extra cash, like $500 to $2,000.” Then you go shopping for a Scottrade or Schwab or Edward Jones brokerage nearby. You fill out some papers to open an account, hand over a check, and they give you directions on how to trade online (for cheaper) or call them to do the full broker trade thing. Once the check clears and there is money available, then you find the box online that says price quote, type in “AAPL”, or click the “symbol lookup” and type “apple”. Then they will say it was last trading for something around $131-ish. You look at the available money, subtract the amount of a commission ($7 at Scottrade), then divide the remainder that you intend to invest by the $132 or whatever, to tell you about how many shares you want (about 3 if you only put the minimum in at Scottrade). Click on the button that says “Trade”, enter 3 (or whatever) for the number of shares, then click to approve. For something like this, they will tell you about what the total will be, if okay, you click again. It gives you a reference number for your order, which you can print out for your records. Click approval, and you go to the home screen where it likely shows already that you own 3 shares (or whatever) of Apple Computer–and a piece of the action (a very tiny piece) in a very, very profitable enterprise.

Not hard at all.

Richard asks…

How can i ship a configured desktop pc from the US to the Philippines?

I was trying to configure desktop pcs from the Dell and HP website but their shipping is only exclusive for US locations. Is there a way that i can get my online configured desktop pc to be delivered here in the Philippines? do i need a third party courier service or something?

John answers:

Contact the US Department of Customs
good luck-
“U.S. Customs and Border Protection (CBP) requires the export community to use the newest SED form. The newest SED (Form 7525-V, dated 7-18-2003) is available to the trade at www.census.gov/foreign-trade/regulations/forms. When the services of a freight forwarder are used, Census requires the freight forwarder’s Employer Identification Number (EIN) be included in block 5b on the paper Shipper’s Export Declaration (SED). See related links section for a direct connection to the Census Bureau site.

As a reminder, the U.S. Census Bureau (Census) also requires mandatory filing for items on the U.S. Munitions List (USML). This requirement applies to filers who were not previously required to file through AES and who chose to file a paper SED rather than filing voluntarily through AES. The implementation date of this rule was October 18, 2003.

Sharon asks…

What would the bias be for getting together to perform criminal acts?

I am trying to put together a research paper and i’m trying to find bias on the topic of street gangs please help

John answers:

This online essay should give you some ideas.}{

Gangs, because of their sinister, hurtful, evil and misappropriated values and behaviors have a threatening and intimidating affect on communities.The reasons behind the violence of gangs are many, some are obvious, others hard to figure out.”to recruit new members and get rid of undesirables, to exercise revenge or seek redress for perceived wrongs to the gangs, to enhance perceptions of the gang’s power and invincibility, to gain respect and to serve as counterpoint or check on what some might call moral restraints or a moral conscience” (Arthur, Richard, 1992, p.3)In gang culture, taking the time to figure out whether or not the actions you are about to take are morally right, is considered sinister. This is why gangs are so brutal, nobody stops to think whether actions are justified or not. This is why, overtime, gangs have become more brutal, and murder can occur, when the gangs show no remorse. More time is spent on contemplating violence than carrying out acts of violence. In research reported by the Bureau of Justice Assistance Only ten percent or less of the membership of gangs is composed of hard-core violent members.

The drug world, is a business that some, not all gangs work around. In most small communities the are small street gangs that run the drug trade. The street gangs are usually smaller, but most are connected to larger gangs, (i.e. The Bloods or the Crypts). Smaller street gangs are usually unorganized, compared to larger gangs. This usually involves run-ins with the police or territorial disputes with other street gangs. It is extremely difficult for street gangs to operate by themselves, without being acquainted with larger gangs. When operating by themselves they will run into problems with freelance individuals and other gangs. This usually results in violence.

Gangs have a large affect on the community, not only do they bring violence and organized crime but they bring fear into people. People might have the fear of walking down the street or going into a part of the neighbor hood that they know is populated by gangs.}{

James asks…

Does anyone actually make a good living daytrading stocks?

I mean consistantly…how rare is it.???

Even in this horrible market I have managed to make about $22K so far this year trading in an out of stocks. So, wondering if I could do it full time and be consistant?
22K is hardly a living but it is a nice bonus added to my income and not bad for part time trading.

John answers:

I am a member of a trading club in Dallas area. A few are full time, or full time retired (which can be part time money), some work and trade. Most take years to learn and modify their system or methods. I am unemployed and would like too, but even when told what to do, have trouble getting their results. It is a little bit of an art and mental. I know people making -30 to 300%/ yr on their accounts.

There are many trading/ investing clubs around, but sometimes hard to find. It is a good place to start. Also, online groups are sometimes good. Toni Turners Book, “A beginners guide to swing and short term trading” is a place to learn the basics. You could also start a club, maybe an ad on craigslist.

To Trade, you need money, So… Beware of scammers that try to sell you mentoring/ stock system ie. Red/green arrow stuff, unless they have money back guarantee. Especially the ones from Utah and Florida. There are a few good schools on trading like “Online trade Academy” and DTI, but expensive. And that does not mean you will be profitable. Also, you might like to go to the Money Show has lots of people that trade and invest. There are also newsletters and stock tipping services, ask for their performance (probably will not give it and say SEC rule BS). Hulbert on marketwatch.com has a list best avg. 8-15%.

Start with trading plan (business plan) (best to start with someone else’s idea (IMHO) . Paper trade, record results and modify plan as needed. Best to find a weekly group or other to help each other out. Start trading with very small amounts then increase. Keep loses below 2% of account. After mastering or rejecting one trading method, you can try one or two more. That is what Craigthinks.

David asks…

What is the best way to break into acting?

I mean I read so much online! Do I become an extra? I found this extras site called www.moviex.com that I could pay for to get extra work… or do I just send myself out to parts? Do I get an agent? I get really ‘scared’ sometimes and don’t send myself out b/c I don’t think I’ll do good in the audition. I don’t know what to do about that either, do I take an acting class to get over my shyness? Any tips from fellow actors and others who know would be really helpful!! Thank you all ; )
Wow! Thank you for your really great advice! I’m going to follow it so that I can ‘begin’ my career. Thankfully, I was born and raised it the beautiful county of Los Angeles where many a acting resource is readily available. I could use all the advice I can get! Thanks again! ; )

John answers:

Hi there,

it is obvious that the most important thing that you could possibly do right now is get yourself into a good acting class and stay there. And while you’re doing that, you need to start at the beginning by doing a lot of homework.

I’m going to throw in some advice I gave to someone else who asked a question about how to really get started acting.

How can you become an actor?

This is a question I get almost daily….how to get started in acting. In fact it is a question that I have seen young actors have over the last three years and it is one that inspired me a lot to try and help, while at the same time learning myself. Consequently, I’ve learned a lot over these past three years.

It’s important to know what it really means to be a working actor. Maybe you already know. I don’t have much information about you other than what you wrote.

Here are some of the issues that actors face before they even get close to working:

*New to show business and just seem to be wallowing around to find out what you should be doing to get started in the right way!

*Not being sent out on many auditions.

*Rarely getting called back.

*No agent and not sure how to get one.

*Not many industry contacts and can’t seem to meet that industry professional they would really like to meet.

*Difficult to balance work and the demands of an acting career.

*Able to book jobs, but not always able to keep them and don’t know why.

*Sending out materials—audition tapes, headshots, and résumés—but not getting the types of responses they would like or none at all!

*Don’t have the money to take classes, so just taking a workshop every now and again instead of going to a school or regular classes. It’s been the situation for months. Maybe even years.

*Having difficulty getting off work for auditions, because the boss doesn’t support employees’ acting careers!

*Difficult to prepare well for auditions, because of work. Either too tired or just not enough time in the day to work on their acting career!

*Have to work at a club or restaurant or in a job they don’t like until the wee hours of the morning and end up going into auditions looking and feeling like a zombie.

*Having to work at a job that robs them of valuable time they could be using to spend on developing their acting career, auditioning or something else.

*Don’t have the cash to make a show-reel or audition tape, get headshots.

*Not sure how to choose a headshot photographer!

*”Don’t know how on earth it’s possible to make a résumé, if I don’t have anything to put on it! How on earth can I start an acting career!”

There are certainly more issues that actors face. At any rate, this is the reality. I certainly don’t want to rain on your parade, but I say all this to let you know, something that you already know which is that there will be a lot of things to do before you get there. You will need clarity about what it is you really want in your life and in your acting career, motivation, determination, thick skin, a method of planning, business skills and you will need to see how real, working actors put these things into practice.

After you’ve started to think more about the mission on which you are about to embark, you need to study, study, study acting. I would advise you to get information about the different acting techniques and methods that there are and then choose one. To help, look up books by:

Uta Hagen
Lee Strasberg
Sanford Meisner
Stella Adler

Here is some other information in the following link that can help you in choosing classes:
http://www.actingcareerstartup.com/acting_classes.html

Start studying the trade papers to get a feel for the industry, what’s going on, what’s hot, what’s not, issues, casting directors who cast certain projects, agents and what they are looking for, etc.:

Backstage (or go to their website www.backstage.com)
Show Business (www.showbusiness.com)
Hollywood Reporter
Ross Reports
Theatrical Index
New York Agencies
Check out www.sag.org , www.aftra.com , www.actorsequity.com for information about the three major unions.

Lastly and maybe most importantly, you MUST realize that the person who will embark on this new mission of becoming an actor is YOU. Whether or not you are successful (and only you can define what success means to you) will depend a lot on how the industry treats you, but it also will depend largely on you. By that I mean, your attitude, your talent, your willingness to learn and be curious, your perseverance, determination and method, your clarity around what you want out of your career, your capacity to find creative solutions and creative ways to promote yourself and set yourself apart from the rest, your ability to first create a financial base so that you can concentrate fully on your craft, your ability to motivate yourself and to handle rejection, your capacity to be disciplined and plan for your success and it will also depend on your capacity to sell and market your acting ability.

I say this to say that you will need to develop and work on yourself. This is true for anyone. These aforementioned things are what many, many, many young actors overlook and thus find starting an acting career to be a difficult endeavor.

So what could your next steps be?. Find a good acting class and a good teacher. DEVELOPING YOUR SKILL AS AN ACTOR should be your number one priority while you do your homework on the industry! Without that skill, you probably won’t go very far in this very competitive field.

Gather some information and talk to actors about what it really means to be a working actor, not the Brad Pitts and Julia Roberts’, but the average Joe, out there pounding the pavement, getting jobs that last a few days at a time and who are piecing their work together by doing student films, commercials, looking for an agent, auditioning, getting rejected, doing mailings, preparing for auditions, going to class, saving up for months just to be able to get those new headshots, etc. Talk to actors who are working regularly and learn from what they’ve done. Also talk to actors who are struggling and learn from them what not to do! You’ll be surprised at the number of people you talk to who are complaining about not getting work or that they don’t have an agent, who after months or even years still don’t have a plan! Compare your findings and put together your strategy. Have a look at this link in which you can see what a typical day looking for work could be like:
http://www.actingcareerstartup.com/working_as_an_actor.html

One last thing. Be aware of all the other types of acting possibilities there are:
Film, television, theater are the obvious ones and even within them there are subdivisions. There is also hosting, industrials, on-camera commercials, commercial print, student films, independent films, spokesperson, stock photography.
Community Theater, student films, extra work, commercial print work and stock photography shoots could be some things you could do to get your feet wet while you are starting out.

I hope this gives you some insight and I hope to have made you think.

Best of luck!

Tony
http://www.actingcareerstartup.com

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