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What is Lean Six Sigma?
Detailed Roadmap to Process ImprovementLean Six Sigma utilizes DMAIC, a highly structured and standardized approach to process improvement. This approach paves the way for corporations in today’s competitive business environment to meet and exceed ever-increasing customer expectations.DMAIC is an acronym for five interconnected phases: Define, Measure, Analyze, Improve, and Control.More -
Credit Score - How to Improve Yours
Credit scores hold a lot of importance today. Your credit score will affect you in many ways other than securing a loan. To improve your credit score first you must understand how credit scores work.More -
Japanese Candlestick Charts
When asked to time about the advantage of japanese, I stated that I they definitely had a positive impact on my account. Candlesticks make trading a lot easier for me. To draw a comparison, I would say that plain bar charts are to candlesticks, as radio is to color television.More -
Trading Volume-Window to The Soul of Markets
Traders often over look trading volume, they pay it lip service, but they do not grasp the effect it can have on their trading system. When I was first told this by a friend who was trying to help get out of a slump, it didn't sink in right away.I thought that the volume was interesting, but I did not see any great need to use it.More -
Pivot Point Prophet
Pivot points have been used by floor traders for years, they are a commonly used indicator of support and resistance areas. A few years back I began to experiment with pivot points. After I got comfortable with them, I began to really like trading with them as an additional indicator.More -
Reflections of a Trader
I must admit I love trading. I have loved it all my life. When I was about 8 years old I learned what the stock market was, I don't remember how I first learned of it.More -
Trading with Root Cause Analysis
If you have read my article on Pareto charts this will probably make more sense to you.Root cause analysis is another tool that traders could benefit from. I know that some of these things do not seem trading related, but you can improve results with them.More -
Fibonacci Retracement Trading - Take Advantage
Fibonacci, Actually named Leonardo of Pisa, was born in Pisa, Italy about 1175 A.D.. Today, he is recognized as the greatest European mathematian of the middle ages.More -
Should You Use a Pareto Chart
Unless you are familiar with manufacturing management principles, you probably have not heard of a pareto chart. It is a very effective tool managers use, to manage and effect outcomes in manufacturing environments. You're saying, How in the heck will this help my trading?More -
Are You This Trader?
Have you ever heard the Kenny Rogers song The Gambler. During the chorus there is a line that says;You've got to know when to hold 'em, and know when to fold 'emI want to cover the fold 'em part. This is usually the one that knocks the feet out from under the newbies.More