Lean thinking has been gaining a lot of traction in recent years as organizations have begun to recognize the importance of reducing waste and becoming more efficient. The International Electrotechnical Commission (IEC) and the Institute of Electrical and Electronics Engineers (IEEE) have teamed up to launch the IEC–IEEE Challenge, which encourages businesses to use Lean Thinking in order to reach their goals. Lean thinking is a philosophy of doing business that focuses on eliminating waste and making processes as efficient as possible. It is based on the idea that any process can be improved and streamlined by focusing on what adds value to the customer. Lean thinking involves analyzing a process from start to finish, looking for ways to reduce costs, increase efficiency, and eliminate any non–value–added activities. The IEC–IEEE Challenge is a global competition that encourages organizations to apply Lean Thinking to their processes. The competition challenges participants to identify and implement solutions that reduce waste, increase efficiency, and improve customer satisfaction. The competition is divided into five categories: Energy, Manufacturing, Services, Supply Chain, and Lean. Participants receive points for each successful solution they implement. The top three teams are awarded prizes and recognition.
How Lean Thinking Can Help You Reach Your Goals
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Stock Option Trading Millionaire PrinciplesStock Option Trading Millionaire Principles
Stock Option Trading Millionaire Concepts
Having actually been trading stocks and options in the capital markets expertly throughout the years, I have actually seen numerous ups and downs.
I have seen paupers become millionaires overnight …
And
I have actually seen millionaires end up being paupers over night …
One story informed to me by my mentor is still etched in my mind:
"Once, there were two Wall Street stock market multi-millionaires. Both were exceptionally successful and decided to share their insights with others by offering their stock market forecasts in newsletters. Each charged US$ 10,000 for their opinions. One trader was so curious to know their views that he invested all of his $20,000 savings to purchase both their viewpoints. His good friends were naturally delighted about what the two masters had to state about the stock market`s direction. When they asked their good friend, he was fuming mad. Confused, they asked their friend about his anger. He said, `One stated BULLISH and the other stated BEARISH!`."
The point of this illustration is that it was the trader who was wrong. In today`s stock and choice market, individuals can have different opinions of future market instructions and still profit. The differences lay in the stock picking or alternatives strategy and in the mental attitude and discipline one uses in executing that method.
I share here the standard stock and alternative trading principles I follow. By holding these principles securely in your mind, they will guide you regularly to profitability. These concepts will help you decrease your risk and enable you to evaluate both what you are doing right and what you may be doing wrong.
You might have checked out concepts comparable to these before. I and others use them due to the fact that they work. And if you remember and reflect on these principles, your mind can use them to guide you in your stock and alternatives trading.
PRINCIPLE 1.
SIMPLENESS IS MASTERY.
Wendy Kirkland
I learned this from Wendy Kirkland Trading, When you feel that the stock and alternatives trading method that you are following is too intricate even for simple understanding, it is most likely not the best.
In all elements of successful stock and choices trading, the most basic techniques often emerge triumphant. In the heat of a trade, it is easy for our brains to become mentally strained. If we have a complex method, we can not keep up with the action. Easier is better.
PRINCIPLE 2.
NOBODY IS GOAL ENOUGH.
If you feel that you have outright control over your emotions and can be unbiased in the heat of a stock or alternatives trade, you are either a hazardous species or you are an inexperienced trader.
No trader can be definitely unbiased, particularly when market action is uncommon or wildly irregular. Just like the perfect storm can still shake the nerves of the most skilled sailors, the ideal stock market storm can still unnerve and sink a trader really quickly. For that reason, one should endeavor to automate as many important aspects of your method as possible, particularly your profit-taking and stop-loss points.
PRINCIPLE 3.
HANG ON TO YOUR GAINS AND CUT YOUR LOSSES.
This is the most crucial concept.
Most stock and alternatives traders do the opposite …
They hang on to their losses way too long and view their equity sink and sink and sink, or they get out of their gains prematurely only to see the cost go up and up and up. Gradually, their gains never cover their losses.
This concept requires time to master properly. Reflect upon this concept and examine your past stock and choices trades. If you have actually been unrestrained, you will see its fact.
PRINCIPLE 4.
BE AFRAID TO LOSE MONEY.
Are you like a lot of novices who can`t wait to leap right into the stock and choices market with your money wishing to trade as soon as possible?
On this point, I have actually discovered that many unprincipled traders are more scared of missing out on "the next huge trade" than they are afraid of losing money! The secret here is ADHERE TO YOUR STRATEGY! Take stock and alternatives trades when your strategy signals to do so and avoid taking trades when the conditions are not fulfilled. Exit trades when your technique says to do so and leave them alone when the exit conditions are not in place.
The point here is to be scared to throw away your cash due to the fact that you traded needlessly and without following your stock and options technique.
PRINCIPLE 5.
YOUR NEXT TRADE COULD BE A LOSING TRADE.
Do you definitely believe that your next stock or alternatives trade is going to be such a huge winner that you break your own finance rules and put in whatever you have? Do you remember what typically takes place after that? It isn`t pretty, is it?
No matter how confident you might be when going into a trade, the stock and alternatives market has a method of doing the unforeseen. Therefore, constantly stick to your portfolio management system. Do not compound your anticipated wins due to the fact that you might end up compounding your extremely real losses.
CONCEPT 6.
ASSESS YOUR EMOTIONAL CAPABILITY PRIOR TO INCREASING CAPITAL OUTLAY.
You understand by now how various paper trading and real stock and options trading is, don`t you?
In the very same method, after you get utilized to trading genuine cash regularly, you discover it incredibly different when you increase your capital by ten fold, do not you?
What, then, is the distinction? The difference remains in the psychological problem that comes with the possibility of losing a growing number of real cash. This happens when you cross from paper trading to real trading and likewise when you increase your capital after some successes.
After a while, a lot of traders understand their maximum capacity in both dollars and emotion. Are you comfortable trading up to a few thousand or tens of thousands or numerous thousands? Know your capability prior to committing the funds.
CONCEPT 7.
YOU ARE A BEGINNER AT EVERY TRADE.
Ever felt like a specialist after a couple of wins and after that lose a lot on the next stock or options trade?
Overconfidence and the false sense of invincibility based upon previous wins is a recipe for catastrophe. All specialists respect their next trade and go through all the correct steps of their stock or options technique before entry. Treat every trade as the first trade you have actually ever made in your life. Never deviate from your stock or alternatives method. Never ever.
CONCEPT 8.
YOU ARE YOUR FORMULA TO SUCCESS OR FAILURE.
Ever followed an effective stock or options strategy only to stop working terribly?
You are the one who figures out whether a method prospers or stops working. Your character and your discipline make or break the strategy that you utilize not vice versa. Like Robert Kiyosaki states, "The financier is the property or the liability, not the investment."
Comprehending yourself first will result in ultimate success.
CONCEPT 9.
CONSISTENCY.
Have you ever changed your mind about how to implement a method? When you make changes day after day, you wind up capturing nothing but the wind.
Stock market fluctuations have more variables than can be mathematically created. By following a proven method, we are ensured that somebody successful has stacked the chances in our favour. When you evaluate both winning and losing trades, identify whether the entry, management, and exit fulfilled every criteria in the method and whether you have actually followed it precisely prior to changing anything.
In conclusion …
I hope these easy standards that have led my ship out of the harshest of seas and into the best harvests of my life will direct you too. Best of luck.
Types of Continuing Professional EducationTypes of Continuing Professional Education
Most of us have likely heard that education never stops, and in the professional world, that is absolutely true if you want to advance in your career. Continuing professional education can keep you in touch with the latest trends in your industry, better compete for jobs, and refresh or hone your skills. In many fields, continuing professional education (CPE) can be required as many programs will award certifications for having passed the training or course.
What is Continuing Professional Education?
Continuing professional education, or CPE, is a general term for what is learned after a program, course, or training is completed. An example of CPE is a professional taking courses to keep or earn a license or certification. Many fields, such as medical and accounting, require those with a license to practice their specialties to take annual courses to keep their skills current. Other people may choose to take professional education programs or participate in conferences to gain new skill sets for a promotion or higher salary. Some CPA courses are offered by colleges and universities while others may be given through group internet-based CPA training programs or in-person CPA programs.
Types of CPE
There are dozens upon dozens of types of continuing professional development courses out there, too many to mention in fact, but there are two primary types of continuing professional education courses:
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- Professional licensing
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- General development/learning
General development programs are the type of programs that don’t help or offer a professional credential. They will help develop new skills or refresh current ones and can help boost your profession. For example, a graphic designer taking a course to learn the latest programs and tools available that can enhance their resume and make them a more desirable hire.
Professional licensing courses are as they sound. These CPE programs offer development as well as certifications that prove you have taken them and know the necessary skills to maintain your license or possess it in the first place.
Benefits of Professional Education Programs
There is a wide range of benefits that come with professional education continuing. While the specific advantages depend on what the continuing education program is and why you’re signing up for it, there are three core benefits to taking CPE courses:
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- Career Advancement: Continuing education for professionals can make your resume stand out from the competition when job hunting or seeking a promotion. Having training and courses listed, along with the certifications given, demonstrates a serious attitude towards your career and helps you accumulate more advanced skills which are both attractive to employers.
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- New Skills: While we’ve been discussing CPE in terms of career advancement and finding jobs, not all courses are about that. There are many areas of study that can be fulfilling for their own sake while potentially contributing to career advancement, like learning a new language or learning accounting to better balance the home budget.
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- Keeps You Sharp: It’s easy to become intellectually lazy and rest on what you already know that has gotten you to where you are, the problem is that learning becomes an area of necessity rather than an investment in yourself. Taking courses or CPE development training keeps your mind active and challenged, bringing a confidence boost while bettering your skillset. Continuing education, whether for work or pleasure, is a nice reminder that there is more to know and that you’re able to know it.
Certificates for CPE Professionals
Whether you’re interested in a CPE program or looking for easier ways to recognize your students, granting acknowledgment and certifications should be as difficult as the training itself. We at SimpleCert put giving awards and certifications on easy street by streamlining the process from signing up to delivery. Our certificate management program can be paired with a wide range of data collection platforms from MailChimp to Google Forms and offers easy-to-use design features to make your certificate as unique as your program.
Discover the simple way to grant certifications to your professionals with SimpleCert certificate maker.
To learn more, check out continuing education certificates
Osteoarthritis Knee InjectionsOsteoarthritis Knee Injections
Gel injections can be done on the knee by a doctor to ease osteoarthritis. These procedures are fast and generally require little downtime. When you undergo your procedure, your health care physician will examine your symptoms and check your general health. If you are comfortable, your doctor will numb the knee using local anesthetic. The doctor will then place small needles through the knee joint using ultrasound and xray.
After a successful procedure your physician will probably recommend some follow-up treatment options. The doctor might suggest the use of platelet rich plasma or a different treatment if you are experiencing severe discomfort following the injections. Based on your requirements, the injections can be repeated as long as six months after. It can be performed in a doctor`s office. It is vital to remember that the viscosupplementation procedure will not heal osteoarthritis. Your physician will provide you with specific instructions regarding your treatment.
If you suffer from osteoarthritis you might need to go through some treatments. Physical therapy is often the first choice. Corticosteroid injections provide anti-inflammatory medication that can be used as an element of your treatment plan. Gel injections are usually reserved for last-resort situations. A doctor may administer these injections in order to relieve discomfort and increase the knee`s natural shock-absorbing ability. Gel injections might be the right choice for you.
Synvisc-One is one of the numerous brands that provide gel injections. It is a treatment for people suffering from osteoarthritis of their knees. It hasn`t responded to any other treatment. Before Synvisc-One can be administered, you must treat any infection at the injection site, or around the knee joint. You should also consult your doctor if you are experiencing swelling of your legs as a result of osteoarthritis. Gel injections are recommended in consultation with your doctor to find the right one for you.
Hyaluronic acid is a naturally occurring substance that cushions joints. In knees with arthritis the hyaluronic acid levels decrease naturally over time. This means that less is found in knee. Gel injections are a way to restore the natural cushioning action hyaluronic acids exerts on the surface of the joint. This improves mobility and ease of pain for up to six month. In Brad`s situation, the injections last for between 2 to 4 months.
Medicare might cover gel injections. Some physicians do not require a referral. Patients who cannot afford surgery may choose to have it performed by any medical practice within their area. Doctors may suggest this procedure to patients who have not responded to other conservative treatments like pain medication or non-prescription antiinflammatory medications. Gel injections are administered by a doctor to relieve arthritis pain and increase your quality-of-life.
Medicare Part B benefits pay 80 percent of the expense for a knee gel injection. After the Part B Co-insurance and deductible is met, you pay the rest. Medicare Advantage plans generally have beneficiaries using hospitals, doctors and pharmacies that are within their network. The plan could charge the total cost if they do not. Be sure to read the policy attentively and ask the representative from your health provider whether they`re in the network. To find out if knee gel injections are covered under your policy you should phone your insurance company.
Gel injections to treat knee arthritis haven`t verified to be beneficial however most patients do find them to be comfortable. The majority of side effects go away within one or two days. Some people experience an inflammatory reaction, which may lead to lower blood pressure, fever as well as severe joint pain. It`s very rare. In certain patients it is possible to improve the quality of life. Gel injections may also be a solution for patients with an inflammation.
Gel injections can provide many benefits. However, they may not be the right choice for you. There are some who experience an increase in grumpiness and swelling after the procedure. However, these injections could be hazardous if sensitive to steroids. If you are allergic to Hyaluronic or PRP, these injections may not be appropriate for you. You may opt to have the injections done with other methods if you are allergic.