Your Questions About Successful Trading Plans

Joseph asks…

Is it wrong to ask my dentist about careers?

I am planning to have a new life and at the same time have a career that I can be proud of. I’ve been working at a retail store for four years with an AA diploma and yet I don’t get enough respect. If you are my dentist, would you just recommend me at a school? The dental schools here are 2 hours away from my house or are there dentist that does apprenticeship? I’m 21 years old.

John answers:

No you can’t do an apprenticeship. It isn’t a trade job it is a college PhD job to become a dentist. A dentist is a doctor of the dental field. He had to go to a 4 year college then a dental college to become a dentist. He probably worked on cadavers (dead people) in dental school and took many science courses.
You don’t sound like someone who really wants to become a dentist or someone that will be successful in the field. I suggest you go back to a community college and look into other careers there. Talk to a college advisor. Don’t ask your dentist for a recommendation because clearly you are not ready for a science related major.

Lisa asks…

Is this a solid start for my career plan?

I am going to get my bachelors in construction management or something in that category. I want to work my way up in the construction business after I get my degree. I am going to a community college right now and plan to transfer to a 4 year to get bachelors. The only bad thing is I have no experience in construction since im only 18. But my goal is to work my way up after my degree and my dream is to own a successful construction company where itd be remodeling, roofing, landscaping, etc. Thoughts?

John answers:

You would probably be better off going to a trade school and learn how to build things and perform carpentry,electrical,plumbing etc. Most construction contractors do not have a degree but have worked their way up from the bottom of the trade. You can always go to a community college and take some business classes to prepare yourself if and when you start your own company. Good Luck

Mark asks…

How does stock market works?

I am planning to invest my assets on few stocks such as Microsoft or dell. Can someone explain the process of it. how would i know which one is better stock.

John answers:

Read vociferously.

In the business world, Darlin’, it is simply good etiguette to learn how to spell, use proper grammer and use of capital letters, and please, use complete sentences so we know what you want. Learn how to pose a question properly, and be very specific, if at all possible.

“Which Is Better, Buy-and-Hold or Market Timing?”

“Do You Have What It Takes to Be a Market Timer

The Beginner’s Bible in Technical Analysis is:
Edwards & McGee”Tech. Anal. Of Stock Trends”

Droke, ClifTechnical Analysis Simplified

Kahn, Michael N.Tech. Anal. Plain & Simple

Kamich, Bruce M.How Technical Analysis Works

Lefevre, EdwinReminiscences of a Stock Operator

Lofton, ToddGetting Started in Futures

Lowenstein, RogerBuffet (Warren)-The Making of a Capitalist

O’Neil, William J.How to Make Money in Stocks

Oz, TonyHow to Make Money From Wall Street

Rotella, Robert P.Elements of Successful Trading, The

Schwager, JackStock Market Wizards

Schwager, Jack D.New Market Wizards

Sperandeo, VictorTrader Vic-Methods of a Wall Street Master

Wasendorf, RussellAll About Futures

Slutsky, Scot and Darrell JobmanComplete Guide to Electronic Futures Trading, The

James asks…

Does this intersect with your experience with Collins submarine computerisation project ?

A crucial issue is that all people are key players, or they should be. If they aren’t, their skills are not being used properly or they have not received the training they might need. This means that succession planning applies to everyone in the organisation.

Directors appointed from within the organisation will leave vacancies and less skilled or experienced people to fill them unless they themselves have some of the skills required. This means that it is advantageous for the responsibilities taken by the person who has moved to be shared with other people beforehand. Consequently, responsibilities must be distributed as widely as possible as soon as possible after recruitment. The risk involved here is that newly recruited people may lack experience of the organisation itself. This can be remedied by making information within the organisation open to the general public and by encouraging voluntary work within the organisation, which enables skills and experience to be acquired..
acquired without wage costs. People can be motivated to do this by participating in non-financially based exchange schemes such as barter, LETS and the existence of a database of goods and services which can be used freely.

If there is a secure library, you are less likely to be able to recruit people with the right qualities from the outside, as they will be naive in at least some areas and they will have to be paid at the same time as becoming competent at their work.

above is in answer to the question
Is succession planning very necessary ?
Your organisation may have a new director, on average every three years.

Won’t succession planning be very necessary ?

It looks like succession planning is not necessary. After all, you have 2 or 3 deputy directors, you have a book called “standing orders”, there is a steering committee which keeps an eye on your organisation.

Murphy’s Law says it’ll be just your luck that :

the new director is delayed in arriving,
an acting director or acting deputy director begins doctoring “standing orders”,

the steering committee is disbanded,

organisation is at the mercy of those of recent recruits with little idea of what to do, and with a penchant for making unauthorised changes.

All that would have been needed would have been for each level in the organisation to keep their own access to a secure library of copies of versions of essential operational systems.
So that for example, a director can hand over to the incoming director irrespective of whether the deputy directors are doing their jobs properly.

John answers:

Cellular or compartmentalized databases / scopes of practice / operating procedures are beneficial only at the guild level of organizational constructs, and then benefit generates from the hording of knowledge as property with value to trade in barter and wield for advantages of status, as in military patriarchal hierarchies. Guild constructs are “competitive – within” systems. Organizations with guild-level organizational constructions with compartmentalized operational procedures can be successful / prosperous if they are highly specialized. But, they cannot survive in the larger, more global arena of typically highly complex “cooperative – within” system for very long, which could make sense with a temporary organization or an organization with a terminal purpose. Open database training constructs are an expensive investment that must be transitioned into eventually as long-term investments for sustained cohesion and growth, certainly as organizations evolve into complex interrelated operations. Military training constructs are open / global in that each person is trained not for only one team or unit or submarine but for ease of placement and replacement throughout the military matrix AND as might be necessary during the mortal attrition of battle.

Linda asks…

What is the best way to get into the film industry?

My plans at the moment are to take some more lamdas, then go to a theatre school and study there for some years, but after that, Im not sure what to do…

John answers:

If you want to be an actor then…
Here I have tips and steps to help you:

Tip: There are sites where you can get casting calls ( audition) here are good legitimate sites where you can make free profiles – actors access, now casting. You can also Google your city and audition and see what you get but be aware of scammers

Tip:NEVER pay anything upfront. Stay away from John Robert Powers, Barbizon,Nova Talent,John Casablanca and any other “acting school” that makes you pay thousands of dollars!

Here are the basic step to being an actor( I am simplifying the process it is a lot harder and complicated than simple steps because along the way you are never guaranteed success BUT for simplicity sake)

Enroll in acting class. Good actors study their entire lives. To choose a good class, ask trusted, successful professionals for references.

Get a headshots ( pictures)

Compose a resume of all the work you have done so far. As your body of work grows, drop the less professional work (such as school plays) from your resume.

Send your headshot and resume with a brief cover letter to all the casting directors and agents in your area. Follow up with postcards every four to six months, updating them on your current acting projects.

Read the trade papers regularly: “Backstage,” “Dramalogue,” “The Ross Reports” and “Variety,” as well as online publications , as appropriate. Know what is being cast where, and send headshots and notes directly to directors and producers whenever possible, requesting auditions.

Always accept invitations to industry events and parties, and meet industry professionals whenever possible. Who you know is extremely important.

Acting is a tough business; make sure your personality is suited for the ups and downs. If not, amateur theater is also a good way to practice your craft.

Be skeptical of shady services offered to actors; there are many scams that prey on the dreams of actors.


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