Tag Archives | Investor Profile

Piece for Peace

BeeFavicon_blueOne day a watchmaker asks to a watch, that he is working on, “hi watch, could you tick at least 31,536,000 times in a year? “.

“WHAT???” the watch freaks out, “31,536,000 times? How is it possible for me to tick that many? I’m going to broke into pieces in no time”.

“Okey, how about 86,400 ticks in a day?” asks the watchmaker.
“86,400 times with this tiny hour hands and parts?!” the watch replies.
“Could you do 3,600 ticks in an hour then?” asks the watchmaker patiently.
“3,600 in an hour? Still kind a lot for a small piece like me” answers the watch.
“If I ask you to do 1 tick for every second, could you do that?” the watchmaker asks again.
“One tick for every second? That’s easy” answers the watch.

After the watchmaker finished the tiny watch, it starts ticking every second. From that point, the tiny watch does 3,600 ticks in an hour, and does 86,400 ticks in a day, and makes 31,536,000 ticks in a year….. EASILY.

Sometimes we set an irrational target that looks so huge and places us under stress. For example, I have to make $5,000 in a week or I need to grow my investment 10% in a month. It burdens us psychologically , even before we start trading. It is not a good starting point. Rather then set a ‘huge’ target, it is better to set a rational target. Rational target is different for every person. Chop your target into smaller piece to reduce your stress level.
This is how I set my target. How much I need to support my daily lifestyle, chop it into smaller piece. Then, I work on how I set up my next trade and how big the risk I can carry. Trading is business, so I have to prepare for the worst. However, I also want to get the most out of it too. With good plan, I can prepare my trade without being stress out. Below is an example, please adjust to your own comfortable conditions.
Let’s say my wage is $9/hour. That is equal to $1440/month. Then, $1440 divided by 20 days (open market) in a month, it will give $72/day. I, then, look for good setups and trade 3 or 4 pairs per day. With standard account (1 pip = $1) and starting lots size of 0.1, I need to gain 72 pips a day. It means per pair, I aim for 20 pips, which is a reasonable range for a pair to move in a day. I can increase the potential income by placing higher lots size or increasing the trading frequency. By breaking down my target into smaller pieces, my goal seems achievable and realistic and it gives peace in my mind.
Start trading with a good plan, enjoy it (no matter profit or loss), learn from mistakes, watch market behavior, and repeat the same steps each and every day. That is how I enjoy my trading days. Happy trading.

Get piece for your peace.BeeFavicon_green

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3 Reasons Apiary is a Company You Can Trust

The financial industry can be a sketchy place, and if you’re not careful you could fall victim to the multitudes of scams that prey on the unsuspecting newbie. We at the Apiary Fund, however, want to be a light in darkness. We want to lead by example as we do our part to change this industry’s reputation. As such, we want to emphasize the top 3 reasons Apiary is a company you can trust:

1. We Don’t Hide Our Names

There are two reasons someone should conceal their identity: 1) You’re a superhero, or 2) you’re a scam artist. Because we at the Apiary Fund are neither of these, we are not afraid to associate our names with our company.

We not only give out our names, but we even have pictures and links to connect with us on other platforms! Meet the team here!

2. The Apiary Promise

We have not only attached our names to the company, but we, the company and the individuals that comprise the company, have made a promise to our associates. We developed the promise to ensure transparency and confidence in the company. You can trust our promise — no scams, no investment, no risk. Read the company promise here!

3. Our Forums Are Open to the Public

If you look around hard enough, you’re bound to find a lot of people who have a lot of ideas about what the Apiary Fund is and how the company operates. But the truth is that most of these opinions are pure conjecture. Very few people who publish their opinions online have ever been a part of the fund. Going to these sources to do your due diligence is like reading a review for Red Lobster written by someone who hates seafood!

If you want to hear what our traders say, check out Apiary’s forums. Only our traders and associates can contribute posts, but the forum is open to the public to read. This is a much more reliable source, as all of the contributors have first-hand experience with the company. You’ll even get a good idea of what to expect as far as atmosphere and social support! See what our traders are saying here!

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Top 3 Features Apiary Offers for Free

We at the Apiary Fund are very proud of the great products we’ve created to help our traders succeed. So proud, in fact, that we have offer some of them to the public for free! In this blog post, we’ve listed our top three free features:

1. The Investor Profile
The Investor Profile is a personality assessment we launched last year to help traders recognize character traits in themselves that will affect how they trade. Because every trader is different, identifying and understanding your strengths and weaknesses is crucial to finding success in the markets. How can you play to your strengths if you don’t know them?

2. The Sessions Clock
The sessions clock is a tool the Apiary Fund developed to help traders keep time. Because the forex market is a 24-hour market, there is always at least one market open. Knowing when each market opens and closes will help you avoid any unexpected jumps in volatility. So, whether you’re on the road or just experimenting with trading at different times of the day, the sessions clock can help you keep things straight!

3. The Trader Development Preview
The Trader Development Program is Apiary’s training curriculum, developed to help our traders learn the ins and outs of the market in the most effective way. As a preview, The Apiary Fund offers the first course to the public for free! Just enter your name and email on the Apiary Fund’s homepage!

While we do offer some great features free of cost, we don’t just put our best stuff in the window. We have a wealth of knowledge and resources to help make Apiary Fund traders successful!

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Don’t Be the Jack of All Trading Systems

Have you met my friend, Jack? He’s fairly good at lots of things, but I wouldn’t say he’s really great at anything. And I think I may have figured out why.

At the Apiary Fund, we not only offer a very thorough education curriculum, which we call the Trader Development Program, but we also conduct live discussions. Now don’t get these confused – the live discussions are there to supplement the core education. Think of it as added value!

Too often I see new traders get lost jumping between the Trader Development course material and the live instruction. If you’re new to the world of foreign exchange, then this might be problematic in your efforts to learn. While our established course material is aimed at the very newest of beginners, our supplementary live instruction is not. The difficulty of the live material varies greatly, with much of it aimed at more experienced traders.

So, if you’re struggling to find a foothold between the Trader Development courses and the live instruction, you could be spreading yourself too thin! If you’re keeping busy in the Trader Development material and attending all the various live classes and discussions, then hats off to you! We love to see our traders enthusiastic and committed! However, this could be unnecessary, or worse, detrimental to your development as a trader.

We at the Apiary Fund stress finding a trading system that works for you. That’s why we’ve developed the Investor Profile! Once you find an effective trading system, strive to develop different strategies within that system and stick with it! If you’re bouncing around system to system from one day to the next, how are you ever going to master one?

Just remember what Brent always says: “Don’t mistake activity for achievement.”

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Apiary Fund CEO Shawn Lucas Interviewed on Mountain Money

This past Monday I had the pleasure of spending the morning with Doug Wells and Larry Warren from Mountain Money on KPCW in Park City. We had a great discussion on the Apiary Fund, the Investor Profile, and how to invest right for your personality type.  I’ve listed some of the discussion points that I thought might be of interest for Apiary Fund traders and potential traders to hear:

Do you run a training component with Apiary Fund?
Yes, you can kind of think of it like a sports development camp. You’ve got a lot of athletes that come in and they try to learn the game through different drills, talking with professional athletes, and getting a feel for how it works. That’s the same thing we do here: create an environment where people can come in, learn how to manage money at a professional level, interact with professional traders, go through trading classes and simulations, and learn how to manage money by experiencing it.

How does trading differ from long term investing?
The primary difference is how long you are holding your assets. We teach an active management process at Apiary Fund instead of long-term investments where you are looking for value investments. With the Apiary Fund, we are actively looking to move money around and catch short-term movements in the market.

How are you able to trust people to trade Apiary Fund’s capital?
We make sure that we provide sufficient training mechanisms so that people can come in and go through different classes. We work with them and they have the opportunity to participate in over 25 hours worth of classroom discussion and trainings with our professional traders. Then we are able to put them into a simulation environment where they learn and develop a track record. As they progress through that simulation we put them in front of real money and let them start to trade.

Where do people have to go to learn the trading techniques you teach?
Actually they don’t have to go anywhere, they log in from their homes. We have traders from all over the world, even Japan, China, and Malawi. They are able to log in to training webinars from the convenience of their own home.

How do you split the profits and losses with the traders?
Any profits that are generated through a trader’s activity, 60-80% of the profits go to that trader. On the risk side, there is no risk to the trader, we assume 100% of the risk.

How long do Apiary Fund traders spend trading each day?
Traders typically spend no more than a couple of hours per day. We focus a lot on people that want to learn to manage money in retirement and have the kind of time to learn foreign currency trading techniques.

You can listen to the interview in its entirety at: http://kpcw.org/2013/02/mountain-money-feb-4th-2013/

 

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January Wrap-up — Investor Profile, Traders’ Summit

Well, this is been something of a power month for the Apiary Fund, and we couldn’t be more anxious for what’s coming up! As a part of our January wrap-up, let’s take a look at our biggest headline:

 The Investor Profile

An early release of the Apiary’s Investor Profile was actually announced in December, and it’s been a huge hit! This month we extended beyond Apiary associates and launched the Investor Profile to the public.

As our traders have taken the personality test, it’s been interesting to see the many different personalities that have all come together to form this great community. And it hasn’t just been beneficial for us! The Investor Profile has provided our community of traders an opportunity for serious introspection and trading system adjustment. The new Investor Profile can be found here.

As for what’s coming up, I hope you’ve marked the Winter 2013 Traders’ Summit in your calendars! The three-day event starts on February 25, and there will be plenty of Q&A, so come prepared with any questions or topics you want to discuss with Apiary’s instructors and risk managers! There will also be some live trading sessions and training activities! Visit the Traders’ Summit site to learn more and reserve your seat!

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Apiary Fund – Does your Personality Affect Personal Investing?

Yes! There are so many variables to investing; often it is difficult for the average investor to know where to begin. To make it easier for investors to understand their personal investing type, Apiary Fund launched its Investor Profile.

The Investor Profile helps traders identify their individual strengths and areas for improvement when investing or trading. The personality assessment helps investors recognize natural internal characteristics either helping or hindering financial success.

The Investor Profile started out as a project aimed to identify what makes an investor successful. We quickly realized that every investor is different and success comes when you can identify your strengths and weaknesses and then play to them.

Motivation, confidence, commitment, self-esteem, reasoning, and emotions are all contributors to the inner qualities influencing your ability to make investment decisions.

The Investor Profile determines the investor’s personality through 28 questions that have them select one of four words with which they most and least identify. Each investor receives a primary and secondary personality type that will help identify their overall profile.

It focuses on four personality types of traders:

  • Aggressive – Quick to enter a trade, but may exit quickly when a loss appears
  • Intuitive – Relies on emotional intuition to get in and out of trades
  • Analytical – Analyzes every possible variable before taking action
  • Methodical – Likely to trade on a system, not much regard to gains and losses

There is no such thing as a ‘bad profile’ for an investor. The Investor Profile simply identifies characteristics that people should know about themselves before they invest. After the assessment, the investor can see traits they may need to adjust and how they might respond to market changes.

After getting the results of the Investor Profile, participants have the option to obtain an eBook that goes into more depth about each of the 16 possible profile personality types. The additional information includes areas such as how you view yourself, basic desires and motivations, behavior under pressure and possible areas of improvement.

Author: Shawn Lucas |

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Announcing the Investor Profile!

In our live trading room this morning, Shawn announced the launch of Apiary’s newest product: the Investor Profile!

The Investor Profile is a personality assessment developed by the Apiary Fund to help investors to recognize their natural internal characteristics that may prove to be beneficial or detrimental to their success. Your success as an investor has as much to do with your personality as it does your level of expertise. Was Gordon Gekko successful due only to his level of knowledge, or do you suppose he used his aggressive personality to complement his knowledge of the financial markets? It’s important to recognize characteristics inherent to your personality and develop a complementary trading style.

We know the Investor Profile will be a valuable tool for our traders. It will help yourecognize your basic desires and motivations that have significant effects on your trading. You’ll gain insight into your natural reaction to pressure—a factor which alone can dramatically alter your normal behavior. The Investor Profile will help articulate the unique challenges that come with your personality type, and it will provide suggestions to help increase performance.

The Investor Profile is open to all Apiary Fund associates, so if you haven’t seen it yet, go here to check it out!

If you’re not currently an associate with the Apiary Fund, but would like to know more, feel free to give us a call at 1-801-701-1650, email us, or visit our orientation webinar!

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