Sunday, 31 May 2015

CSE - Percentage wise Top 25 Gainers and Losers in May 2015 & YTD

Top 25 Gainers in May 2015

Top 25 Losers in May 2015

Top 25 Gainers YTD (Year-to-date)

Top 25 Losers YTD (Year-to-date)

Quote for the day

“Your strategy has to be flexible enough to change when the environment changes. The mistake most people make is they keep the same strategy all the time. They say, 'Damn, the market didn't behave the way I thought it would.' Why should it? Life and the markets just don't work that way.” - Mark Weinstein

Saturday, 30 May 2015

Moving Average Answer Key

Moving averages allow traders the ability to quantify trends and act as signals for entries, exits, and trailing stops. They can become support and resistance, and give the trader levels to trade around. Below are examples of the specific moving averages with time frames.

5 Day EMA: Measures the short term time frame. This is support in the strongest up trends. This line can only be used in low volatility trends.

10 day EMA: “The 10 day exponential moving average (EMA) is my favourite indicator to determine the major trend. I call this ‘red light, green light’ because it is imperative in trading to remain on the correct side of a moving average to give yourself the best probability of success. When you are trading above the 10 day, you have the green light, and you should be thinking buy. Conversely, trading below the average is a red light. The market is in a negative mode, and you should be thinking sell.” – Marty Schwartz

21 day EMA: This is the intermediate term moving average. It is generally the last line of support in a volatile up trend.

50 day SMA: This is the line that strong leading stocks typically pull back to. This is usually the support level for strong up trends. Use 50-Day Average For Trading Signals.

100 day SMA: This is the line that provides the support between the 50 day and the 200 day. If it does not hold as support, the 200 day generally is the next stop.

200 day SMA: Bulls like to buy dips above the 200-day moving average, while bears sell rallies short below it. Bears usually win and sell into rallies below this line as the 200 day becomes resistance, and bulls buy into deep pullbacks to the 200 day when the price is above it. This line is one of the biggest signals in the market telling you which side to be on. Bull above, Bear below. Bad things happen to stocks and markets when this line is lost.
Source: www.newtraderu.com

Friday, 29 May 2015

29-May-2015 CSE Trade Summary


Quote for the day

"A successful man is one who can lay a firm foundation with the bricks others have thrown at him." - David Brinkley

Thursday, 28 May 2015

28-May-2015 CSE Trade Summary


Quote for the day

“It comes down to trying to expose yourself to the best things that humans have done — and then try to bring those things into what you're doing.” - Steve Jobs

Wednesday, 27 May 2015

27-May-2015 CSE Trade Summary


Quote for the day

“It's not that I'm so smart, it's just that I stay with problems longer.” - Albert Einstein

Tuesday, 26 May 2015

26-May-2015 CSE Trade Summary


Quote for the day

"Always be yourself and have faith in yourself. Do not go out and look for a successful personality and try to duplicate it." - Bruce Lee

25-May-2015 CSE Trade Summary

Click here to download 25-May-2015 
Trade Summary csv File

52 week high and low prices reached in today's trading session

Crossings - 25/05/2015 & Top 10 Contributors to Change ASPI
http://www.cse.lk/cmt/upload_cse_report_file/daily_report_941_25-05-2015.pdf

Top 10 Gainer / Loser / Turnover / Volume for the day



Top 10 Foreign Activity for the Day

Monday, 25 May 2015

Quote for the day

"Power isn't control at all--power is strength, and giving that strength to others. A leader isn't someone who forces others to make him stronger; a leader is someone willing to give his strength to others that they may have the strength to stand on their own." - Beth Revis

Sunday, 24 May 2015

7 Steps on the Path to Success

People measure success in many different ways. Some people measure it in money, Possessions, careers, love, power, security, or fame. I measure success by how happy I am. Freedom makes me happy, and so do my friends and family. I love learning new things and doing things I am passionate about. In life, we will only get back what we give. We will only be rewarded for the risks we take. Only time separates us from our goals.

What is your plan for happiness? Follow these steps and realize joy in your lifetime.


1. Don’t do things half-way. 
Only do things that you are passionate about. If you can’t do something with all of your heart, then continue to look for your true calling. Then do it to the best of your ability.

2. Know where you are going. 
If you don’t know where you are going, your decisions and destinations will be a random result of your environment. Goals take time, perseverance, and effort. Most people never accomplish anything because they quit too early, don’t work hard enough, and don’t finish.

3. Don’t get lost. 
The path to happiness and success will be treacherous and foreboding at times. Don’t go down the wrong path for too long. Remain agile enough to change direction quickly.

4. Don’t allow losers into your life. 
You must conserve your energy for your passions. You have a limited amount of time and energy to invest in the things you want in life. Invest your energies into the people and the projects that share and/or understand your passions.

5. Choose who you spend your time with carefully. 
You are the average of the people you spend the most time with, and you will become like them. They will influence you for good or bad. Accept the right people into your life, and both of your lives will be the richer for it.

6. Visualize your happiness. 
Every night when you go to bed, imagine how you want your life to be in the future. Experience it, believe it, lock on to that as your goal. Then focus on becoming the person that can live the life of your dreams.

7. Happiness is found in accomplishment. 
Living the life you choose is satisfying, and you will be happier while exploring your life journey, rather than working a job. Waking up each morning with the freedom to spend your time and energy the way you chose is the embodiment of success and happiness.
www.newtraderu.com

Quote for the day

“It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction.” - Warren Buffett

Saturday, 23 May 2015

Most important piece of the market puzzle... YOU!!


8 Toxic Types of People You Should Keep Out of Your Life

Toxic individuals are completely exhausting to be around and they can have a negative impact on your forward momentum. Entrepreneurs need to remain laser focused -- the distractions and stress that toxic people bring into your life act as unnecessary obstacles, so it is best to avoid them.

You probably know a few toxic people -- they might work for you, you might be friends with some or you might even live with someone toxic. The sooner you remove them from your life, the better. Here are eight toxic types of people you should steer clear of.


1. Those who are judgmental

Judgmental people will find a way to criticize anything and everything they come in contact with. You could take the time to explain something to them in great detail but it goes in one ear and out the other. They come to their conclusions before they hear any facts -- they don’t listen well and are horrible at communicating. Asking for advice or feedback from a judgemental person is a complete waste of time.

2. Those who are envious

Being an entrepreneur can be a very bumpy journey filled with highs and lows -- while it’s important to have a strong group of supporters in your corner during the low times it’s also important to have supporters that are there to congratulate you when you hit the high points. Envious people will not be happy for you -- ever. They feel that it should happen to them and nobody else. 

3. Those who are control freaks

Control freaks don’t ever want to listen -- they don’t have to, because according to them they know everything and they know the best way to do everything. While this type of person can be a nuisance in your personal life, they are a complete nightmare to deal with in a business environment. A successful business structure requires team members that will listen to and follow instructions. If you have control freaks on your team it can cause a “too many cooks in the kitchen” problem.

4. Those who are arrogant

Don’t confuse confidence with arrogance -- confident people inspire, while arrogant people intimidate and annoy. Someone with an arrogant attitude feels he or she is better than everyone around them. In a personal setting this can be annoying, while in a professional situation this can create an uncomfortable environment.

5. Those who are victims

The constant victim will always make excuses and blame others for their mistakes and wrongdoing. They are some of the most toxic people to be around -- they will never accept responsibility and always point the finger, which causes a domino affect of the blame game in a work setting. Flush them out of your business and eliminate that headache.

6. Those who are Negative Nancies

Someone who is always negative will drain your positive energy immediately -- they thrive on bringing everyone down around them. You will never receive any words of encouragement from a Negative Nancy. They will discredit every idea you have and instead of being supportive they will go out of their way to point out every possible way you could fail, rather than focus on possibilities and potential. They are a major energy-suck.

7. Those who are liars

To be successful you have to surround yourself with other successful individuals that you can trust and count on to be there for you. You can’t trust liars and it's hard to count on them because you never know if they are lying or telling the truth. That type of uncertainty will wear you out quickly -- eliminate them from your life and you won’t have to wonder if you are being lied to.

8. Those who are gossipers

People gossip because they are insecure -- they don’t know how to separate fact from speculation and when truths get twisted, the wrong information is conveyed, feelings get hurt and enemies are born. Having a gossiper within your business can be very destructive -- they are cancers and can quickly create a negative environment.

If any of these ring a bell, then there is a good chance you are being exposed to toxic individuals. You should consider removing them from the equation, allowing you to remain 100 percent focused on reaching your goals without unnecessary distractions.
http://www.entrepreneur.com/

Quote for the day

“In investing, what is comfortable is rarely profitable.” - Robert Arnott

Friday, 22 May 2015

22-May-2015 CSE Trade Summary


52 week high and low prices reached in today's trading session

Crossings - 22/05/2015 & Top 10 Contributors to Change ASPI
http://www.cse.lk/cmt/upload_cse_report_file/daily_report_855_22-05-2015.pdf

Top 10 Gainer / Loser / Turnover / Volume for the day

Top 10 Foreign Activity for the Week

Quote for the day

“It is much easier to put existing resources to better use than to develop resources where they do not exist.” - George Soros

Thursday, 21 May 2015

21-May-2015 CSE Trade Summary


Quote for the day

"Men think in herds; they go mad in herds, while they only recover their senses slowly, one by one." - Charles Mackay

Wednesday, 20 May 2015

20-May-2015 CSE Trade Summary



Quote for the day

“Only when you combine sound intellect with emotional discipline do you get rational behaviour.” - Warren Buffett

Monday, 18 May 2015

18-May-2015 CSE Trade Summary


Quote for the day

“Your greatest asset is your earning ability. Your greatest resource is your time.” - Brian Tracy

Sunday, 17 May 2015

7 Habits of Highly Profitable Traders

There are a record number of people wanting to make money trading. The technology we have today makes it relatively easy to do. Anybody can master the mechanics. But, what is not always easy to control is the “mind game” aspect of trading. 

Don’t underestimate the importance of having the proper mental approach to trading. Go beyond just wanting to know “how to do it” to realizing that you have to be mentally ready for it.

The proper mind set that I'm speaking of here is the result of self-discipline and habit. Without exception, all consistently profitable traders have it. Some developed it the hard way, and for some it came easy. But none of them started trading, and went on to have success, without having these 7 habits drilled into them one way or the other. 

It takes 21 days to break an old habit or start a new one, or so the story goes. But, keep this in mind as you read on. 

Before you can develop these 7 habits you must first understand the Trader' s Mentality. The trader's mentality is to look at the stock market, and other markets, as a profit-generating phenomenon in motion. It’s a happening. They don’t have an investment mentality. They don’t read company profiles, look at charts, read about management, study product development, study the competition, look at the P/E ratio, the company's balance sheet, press releases, earnings history, etc., etc., etc., before they trade. They don’t do any of that, plain and simple.

They just do it. If they did any of those things, they wouldn't have any time left over to do any trading. 

After an investor has done all this homework, they like to watch the stock for awhile to "make sure it's good", whatever that's suppose to mean. Don’t get me wrong. There’s nothing wrong with the "buy-and-fold" approach to investing, but none of the things you do before you "invest" will help you one iota before you "trade". 

There is no guarantee that investing for the "long term" will pay off bigger than day trading or swing trading for the short term. Investing for the "long term" is just easier. You buy a stock you like and take a 20-year nap. 

Traders simply look for potential price movement. Traders realize they don't make a dime studying balance sheets and P/E ratios. Their focus is on making small, consistent trading profits with as little risk as possible. Short-term traders like day traders and swing traders look for moves they can make in the here and now. The trader's focus is on "what's happening now and how can I profit from it" as opposed to the investors focus of "how will a company's stock price rise over time." 

Now that you fully understand the trader's mentality, let’s take a peek at those 7 habits …

Quote for the day

"Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes." - George Soros

Saturday, 16 May 2015

Selecting a Valuation Method to Determine a Stock’s Worth

By Robert R. Johnson , Stephen M. Horan and Thomas R. Robinson

Investing is about earning a financial return. Valuation is at the heart of investing—you need to find a stock selling at an attractive price relative to its intrinsic or underlying value, otherwise your prospects for a financial return are poor.

Wait, you say, that sounds like value investing and I am a growth investor. We feel this dichotomy is unnecessary. All investing is about identifying companies for which we expect to earn a handsome financial return. Why would we want to buy companies selling above their intrinsic value? We might be willing to buy them if the current price is equal to the intrinsic value, as a fair financial return would be expected. However, ideally we would prefer to find companies where the current price is well below intrinsic value. 


Whether you are a value investor or a growth investor, you are likely concerned about the price you are paying relative to intrinsic value (including the company’s growth prospects). All investors should therefore assess the value of the company using some valuation method and compare that value to the current market price. Doing otherwise is to speculate, not invest.

All valuation methodologies are not created equal and no single method applies to all companies or works in all market conditions. Some valuation methodologies are more appropriate in certain circumstances and not in others. In this article, we examine different valuation methodologies and provide guidance for selecting the method most appropriate in particular circumstances.

Quote for the day

“If you can preserve your financial and mental capital when others have depleted or squandered theirs, the long-term rewards will be great.” - Jack Sparrow

Friday, 15 May 2015

15-May-2015 CSE Trade Summary


Quote for the day

“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people that they don’t like.” - Will Rogers

Thursday, 14 May 2015

14-May-2015 CSE Trade Summary


Quote for the day

“Rather than targeting a desired rate of return, even an eminently reasonable one, investors should target risk.” - Seth Klarman

Wednesday, 13 May 2015

13-May-2015 CSE Trade Summary


Quote for the day

"When everyone is waiting for a rally to sell into, either you don’t get a rally or, if you do, you shouldn't sell into it." - Bob Farrell

Tuesday, 12 May 2015

Monday, 11 May 2015

11-May-2015 CSE Trade Summary


Quote for the day

“Success in investing is not a function of what you buy. It’s a function of what you pay.” - Howard Marks

Sunday, 10 May 2015

10 Reasons Why Some People Will Never Succeed

By Kayiba Mpoyi

In O.G Mandino’s The greatest salesman in the world, a very important fact was made which said that:

“two amongst a thousand wise men, will define success in the same words, yet failure is always described in one way. Failure is man’s inability to reach his goals in life whatever they may be.”

While success is relative, subjective, holds monetary and non- monetary value, failure is more a “one size fits all” recipe. Below are ten things people do to fail on purpose.


1. They don’t understand the value of time.

“Any successful entrepreneur knows that time is more valuable than money itself.” – Richard Branson

Unsuccessful people don’t value their time. They are everywhere, anywhere, anytime because they lack the ability to dedicate their time towards their goals. And year after year they make new promises which never come to fruition simply because they couldn’t be bothered to put in the time required towards their goals. Time management skills, learning how to say no and knowing what commitments to undertake, is a step towards great success in any area of our lives.

2. They don’t do things that are in alignment with their goals

“It’s not hard to make decisions when you know what your values are.” – Roy Disney.

The more important a goal is, the higher it will be on your hierarchy of values and the more discipline and order you will have associated with it. The less important a goal is, the lower it will be on your hierarchy of values and the less discipline and more disorder you’ll have associated with it. Unsuccessful people have mistaken busyness with productivity. They are a part of everything but nothing which they do is in alignment to their values and their goals. Writing down in a journal what your gaols are and implementing strategies which can get you there will help you identify things that are not on par with where you are going.

3. They never step up to the plate

“People seem to think that success in one area can compensate for failure in other areas, but can it really? True effectiveness requires balance” – Stephen Covey

So your boss sucks and you really hate your job but this is no reason to slack and produce mediocre work. You’re getting paid to be there so do it right, life has this universal law of giving you what you put in. It’s just maturity and wisdom to pursuit excellence no matter the circumstances. Unsuccessful people are the ones who are okay with getting bad grades and won’t bother finding an effective studying method that will help their learning ability, because after all, being a student of distinction is less about how smart you are but more about how well you can plan and prepare, and that makes you feel smarter and that in itself produces great results.

4. They have self-imposed limitations

“You are what you are by what you believe” – Oprah Winfrey

Unsuccessful people tend to say things like “I’m just not good with numbers”, “I just really hate studying”, and “I just don’t think I can run a successful business”. They put limits on themselves and excuse their behaviour but it’s really just a way of underachieving and aiming low enough to not miss. Get rid of the idea that you only have a specific set of skills and talents for specific tasks, stop thinking that you’re not as intelligent as the next person. What life requires of you is to make the most of yourself, for yourself, and for others.

5. They are good at making excuses

“If you can’t make it good, at least make it look good” – Bill Gates

These are the people who will find reasons and logic as to why they can’t and why they shouldn’t. They sometimes mistake this abhorrent tendency for “just being realistic”. They lack imagination and always find ways to justify why something shouldn’t be but they never really try. The best remedy for this is to stop your mind when it’s about to start making the excuses and re-ignite the engine that has started it all.

6. They lack class

“You can easily judge the character of a man by how he treats those who can do nothing for him.” ― Johann Wolfgang von Goethe

Unsuccessful people usually tend to have no social IQ. They say things like “well at least I’m being honest” or “this is how I am, deal with it”. They don’t know how to treat other people and tend to be arrogant, for no apparent reasons most of the time. Nobody likes a big mouth, a show off, a humble boaster, or people who don’t know how to just say thank you when given a compliment. These traits are unbecoming and are not what true class acts are made of. Being nice and polite to people you like is easy, being nice and polite to someone you cannot tolerate or who you are in constant disagreement with – that is character. Learning how to speak to people is a skill only few have mastered. It has been said the best way to test a man’s character is by watching how he acts when standing in a very long queue and is met with bad service, how he handles Christmas lights and his reaction when you ruin their expensive items.

7. They are procrastinators

“Only put off until tomorrow what you are willing to die having left undone” ― Pablo Picasso

The funny thing about this one is that they are usually self-proclaimed procrastinators. They see no shame in it. This goes back to them never understanding the value of time. They are okay with living a life that keeps up with yesterday. They live life as though they just have another one in the bank. Let’s just see how round one goes and if all else fails we press next or rewind or pause. Understanding that you start dying the moment you are born and wisdom to realize that every day is a gift and you owe it to yourself to do everything you can do in those twenty four hours because nothing’s ever promised today tomorrow.

8. They don’t’ take action

“Do something today, your future self will thank you for” – Les Brown

The simplicity of this rule of life may be why they disregard the magnitude of its effects. Unsuccessful people tend to ponder and leave footprints in the sands of time. They can talk a great game and they dream really big but they lack the courage to just go forth. Stop dreaming about what will be, dreams in themselves are not bad but get up, show up and DO something. Stop with the coffee shop meetings and go do something.

9. They can’t face adversity

“All sunshine and no rain makes a dessert” – Arabian Proverb

There was a shepherd boy, he was not a warrior and he was small in size. He looked at a giant and said “I will strike you down and cut off your head” and that is exactly what he did. The thing with challenges is, they’re only as big as we make them seem and as strong as our weakness will allow. Unsuccessful people have not understood this and they give up all too quickly because things got uncomfortable, things got a little bit rough, they want roses without the thorns, babies without labour and a pot of gold at the end of the rainbow without bearing the storm. Overcoming challenges not only bring us closer to our goals but they turn us into someone we never imagined existed. Don’t be afraid to conquer fears and to enter new territory, step out of your comfort zone and challenge yourself. In the midst of adversity courage is born. You’ll never know how strong you are if you’ve never had to fight and sometimes you might fail but at least you failed and proved to Goliath that he wasn’t quite the Giant he thought he was.

10. They are apathetic

“So, because you are lukewarm, and neither hot nor cold, I will spit you out of my mouth” -Revelation 3:16

Yes there are natural fence sitters. They never have an opinion about anything, they can’t make decisions and are over the border plain ignorant. They can’t hold smart conversations and are not open minded if it isn’t directly in relation to what they know.

They think everyone should view life the way they view it. They are indifferent about everything and stand for nothing. They don’t read, they don’t educate themselves past “formal education” and they put no effort into how they present themselves. Even if they never achieve their highest potential this is okay with them because in a world so full of wonder and curiosity they have managed to find a way to be bored. Apathy is a silent killer. Find something that you are passionate about, even if you don’t get paid for it. Put your gift to use.

The people who are out there making things happen are not as extraordinary as we make them ought to be. They’re pretty plain and most of the time after a second glance they’re not all that exceptional in any way but they’ve managed to get to where they are and stay there because they mastered the art of discipline and being the right person at the right time. Maybe you have so many things you want to complete and sometimes you feel so overwhelmed because, there’s just not enough time. Put the cell phone down, log off once in a while and stop minding everybody’s business and you’ll be amazed at the potential you’ll unlock.
Source: http://www.lifehack.org/

Quote for the day

"Confidence when losing, humility when winning: a formula for long-term success in the markets." - Dr. Brett Steenbarger

Saturday, 9 May 2015

25 Signs That You’re A Mentally Strong Person

By Tayyab Babar

I am not ashamed to admit that I am a fan of Star Trek: The Next Generation. The episode that always comes to mind is when Wesley Crusher had just missed getting into Star Fleet Academy. Captain Picard consoles him by telling him the real measure of a man is what he learns from his mistakes.

If you look at real-life historical figures, there are many examples of those that exhibit mental toughness. One that stands out is Teddy Roosevelt. His words and deeds tell the true character he possessed.

Teddy Roosevelt. Captain Picard. Examples in fiction and non fiction of inner strength and fortitude. But many people may not look at themselves as a mentally strong person. We are often our harshest critics and do not realize what kind of strengths we possess. Here are 25 signs that show you have nerves of steel:


1. You don’t yell or become easily angry.

Even in the harshest stress factors, you choose to stay calm and you try to handle situations smoothly. You feel that by raising your voice, you’re lowering yourself.

2. You are open to feedback.

You are not afraid to voice your opinion; neither are you afraid to take other’s opinions or feedback, whether they’re negative or positive. You rather welcome it so you can learn.
3. You apologize when necessary.

You know well when you've made a mistake and you apologize, not worrying about losing face. You are aware that by apologizing, you’ll be the bigger person.
4. You are willing to adjust to bring improvement.

Being a mentally strong person, you’re adaptable to change. You know that change is good for whatever condition you’re in.

5. You don’t limit your thoughts to just superficial matters.

You don’t just see things as they are. You look deep into matters and you read into things before drawing a conclusion.

6. You refrain from expectations on others.

You don’t expect anything in return when you go the extra mile for someone. You have always been selfless.

7. You know how to set boundaries to keep things in perspective.

You don’t let others cross the limits you've set, and you let others know about those limits politely yet firmly.

8. You are open to receiving help.

You are well aware of the areas you’re weak in and you are not afraid to ask for help from others. You know that by doing so, you’re only learning.

9. You are not co-dependent.

You are just not the kind who relies on others emotionally or just to get things done. By doing so, you maintain a healthy relationship both personally and professionally.

10. You follow your instincts.

You believe in gaining experiences, because of which you learn to follow your instincts to guide your judgement.

11. You forgive yourself.

It’s hard to move on if you don’t let go, and this is one of the things you’ve learned over the years. So you forgive yourself when you make a mistake and leave the past where it belongs instead of dwelling on it.

12. You understand your limitations.

You have certain limits that you've established for yourself and you've embraced them because you know well that that is who you are.

13. You understand that conflict can bring resolution to a problem.

You know that holding grudges has never been a solution to problems, nor has anyone achieved anything out of it. So you think of a solution, instead.

14. You avoid procrastination.

You prefer to finish the task at hand before moving to the next one. Although procrastination sounds appealing, it only keeps piling up work.

15. You take negativity with grain of salt.

You've hardly ever made assumptions without first being fully aware of the situation. You avoid believing in the negative stuff that you've been told, as much as you can.

16. You are responsible in financial matters.

You, in general are a wise person. You don’t only make decisions wisely; you also avoid spending money foolishly.

17. You know that persistence pays off.

You have a strong will power which doesn't let you give up on things you really want. You keep persisting until you know success is at your doorstep.

18. You find ways around any obstacle.

You keep trying and you don’t stop until you've achieved that target. Giving up just isn't your thing, but looking for alternatives is.

19. You are always looking for ways to improve yourself.

You often feel that you can do better and that there’s always room for improvement, because you embraced the fact that no one is perfect a long time back.

20. You take action in maintaining your health.

If you’re not healthy, you’re not wealthy and wise — and that you’re motto. So you try to eat, sleep, drink and breathe healthy as much as is possible for you.

21. You try new things outside your comfort zone.

It’s not as if you get bored easily but staying put gives you no exposure nor do you learn. You move outside that comfort zone to experience change and fun along with it.

22. You do not blame circumstances on extrinsic things.

You take everything into consideration and you know that blaming something that’s beyond your control is useless and silly.

23. You use your time wisely.

Going around wasting your time is a big “NO” for you. So you choose to spend that time productively so that others along with you can benefit.

24. You let others take the lead.

You know how things are done so you sit back, relax and others take the lead while you enjoy. You do try to give them your full support, though, if they need it.

25. You remain calm and clear of thought during a crisis.

Good result of anything comes out when it’s done with a peaceful and a calm mind. So even in a crisis situation, you try your best to remain calm.

Life is full of challenges that must be dealt with. The ability to deal with these challenges requires some degree of mental toughness. The types of stress in daily life can vary. Things happen, from missing a credit card payment to dealing with death in the family. Everyone also deals with problems in a different capacity.

Some may question whether they have any mental toughness in them. Certain people have ice in their veins, while others are ready to run at a moment’s notice. If you feel you are someone who lacks being a mentally strong person, train yourself to be. Read about people whose actions you admire.

Study those that dealt with adversity and created change. Learn how to use that for positive change in your own life.
Source: http://www.lifehack.org/

Quote for the day

"The most important lesson in investing is humility." - Sir John Templeton