titleTIC Securities Broker-Dealers Stand to Make Lots of Money/titlepThe TIC industry is entering into its eleventh year and expectations are high that growth in this industry will be appreciable because investor confidence is growing all across the board and volumes of transactions too are rapidly increasing and more and more new sponsors are also entering the market. In fact, it is believed that from the end of the year 2001 till the end of the previous year the deals struck accounted for as much as, it is believed, 3.7 billion dollars./ppThus, becoming a TIC Securities Broker/Dealer is surely going to prove to be a paying proposition. The fact of the matter is that many TIC sponsors are also choosing to structure their TIC investments as securities and though they may be regulated by SEC as well as by NASD, it throws open the doors for many more TIC securities Broker/dealers to earn hefty commissions from brokering or affecting such transactions./ppMany Challenges To Confront/ppSince 1031 TIC exchanges are most often handled by TIC securities Broker/dealers under the Securities and Exchange Commissions oversight, there are many challenges that the TIC securities Broker/dealers have to confront including not involving real estate professionals who only help in buying and selling real estate. Still, to protect one from the pitfalls of securities investments an investor dealing with TIC securities Broker/dealers must consider a few things./ppOne of the more important aspects that you will need to consider when dealing with TIC securities Broker/dealers is to learn about the percentage of business that the broker does with regard to TIC interests in the form of securities, and to be on the safe side, you should ensure that the TIC securities Broker/dealers are in fact mainly dealing with TIC exchanges in the form of securities and which must form the core of all their business dealings and which is not a side business for them./ppAlso, according to law courts in the US, an investment is deemed to be a security if the money earned by way of profits from investments comes through efforts made by others. So, if you are planning to use TIC securities Broker/dealers for your TIC exchange transactions, it is necessary that you first of all apply what is known as the Howey test to ensure that you dont end up selling through a real estate broker, even though the temptation to do so is high given the fact that real estate TIC interests have lower fees as compared to when selling securities./ppYour best bet with regard to dealing with TIC securities Broker/dealers is to follow the National Association of Securities Dealers notice that reviews the rules regarding broker-dealers when selling your TIC shares./ppGary K. Landry is the CEO of TIC Advisors, Inc. He presents complete information on a TARGET=_new href=http://www.tic.com1031 exchange/a and TIC property ownership on his website, a target=_new href=http://www.ticadvisors.comhttp://www.ticadvisors.com/a/pbrbr

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )
google adsense

Getting business financing is tough when the economy is doing well and almost impossible when the economy is doing badly. There is a reason for this, lending money to a business is considered risky, especially for financial institutions. This is why most institutions will ask for audited financial statements and will insist that your business must have good collateral. What qualifies as good collateral? Usually real estate, machinery and accounts receivable in some combination. Furthermore, institutions also want to see a multiyear track record in which your company shows substantial growth.

But – what if you own a startup? Don’t have hard collateral? Or, what if your business is in a turnaround situation? Usually, you’ll be out of luck. Fortunately, there are other options.

There are alternate business financing solutions that can work well in many instances. For example, let’s say that your commercial clients take 30 to 60 days to pay their invoices. This can create a challenge for most businesses. If you can’t get a conventional business loan, a good alternative is to use factoring. Factoring, which has been gaining traction recently, provides an advance against your slow paying invoices. It provides the working capital you need to pay business expenses and eliminates the timing challenges of waiting for payment.

Here is how it works. Let’s say that you sell a product (or service) and then invoice your client expecting payment in about 45 days. A factoring company can advance about 80% of what is due to you within days of invoicing. You get the remaining 20%, less a service fee, once your client pays the invoice in full.

Stated differently, you get about 80% soon after invoicing, and the remaining 20% (less the fee) once your client actually pays.

For most businesses, getting an 80% advance spells the difference between being able to run the company and going out of business. It provides the liquidity to pay employees and suppliers in a timely way. For many, it allows them to take new clients without worrying about their payment terms.

Factoring companies consider your invoices from good credit worthy clients to be excellent collateral. This enables them to advance money against them. Now, this does not mean this is the only criteria they will look at. Most factoring companies will want to make sure that your company is free of judgments, lawsuits and liens.

One critical advantage of invoice factoring is that it works very well for startups. Most factoring companies are happy to work with clients whose biggest asset is a roaster of good paying clients.

About Commercial Capital

Looking for factoring financing? Commercial Capital can provide you with a competitive factoring quote. To learn more about our invoice factoring program, please call (877) 300 3258

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

Does Forex Make Money?

With a daily turnover estimated at around $1.8 trillion the answer to the question “Does the Forex make money?” is pretty obvious.

The bigger question is: “For whom?”

With the opportunity for anybody and everybody with a computer and an internet connection to participate in the Forex to make money in recent years, thousands of individuals have had some exposure to the challenges of Forex trading.

Is The Forex A Fool’s Game?

According to some estimates, the vast majority, perhaps as high as 95%, lose money.

Is it a fool’s game, just an elusive dream to trade the Forex to make money to try and achieve financial security?

In view of the high failure rate, it is prudent for anyone who is contemplating entering Forex trading to do their homework first. While the majority fail to make consistent profits from the Forex, a minority do, and some of them make huge profits from the Forex.

The Realistic Mindset

What is the key? A realistic mindset when approaching the Forex, a commitment to learn and get a proper education, and then, application of the knowledge learned in a disciplined way backed up by perseverance!

For an individual who has already had experience trading stocks, or futures, the learning curve may only involve a few months when switching to the foreign exchange market.

For the complete novice the learning period will probably run into years, anywhere from 1 to 3 years according to some estimates.

During this time the novice will have to first get acquainted with the workings of the Forex, learning the terminology, and working with a demo account on a trading platform supplied by an online broker.

Months will need to be spent sitting in front of a computer screen studying candlestick charts, getting acquainted with specific patterns, learning to recognize high probability setups. There is no shortcut for this part of the educational process if you want the Forex to make money for you.

The Most Critical Factor

Then comes the most critical part of all: developing the mental discipline and emotional control necessary for safe trading.

The Forex can be a minefield for anyone who is not in control of their emotions. For a person who has a gambling instinct, the Forex will suck their account dry in a very short time. The Forex is not a game of chance.

Successful trades are the product of careful market analysis, an understanding of how the market moves acquired from months and years of experience, and a strict control of equity management.

Even with all that input, the successful trader will still regularly lose trades. As long as there are a greater number of trades that are successful, the Forex will make money for you.

Make An Informed Decision

If all this sounds overwhelming and a little foreboding, you are getting the picture of what is involved once you start down the road as a Forex trader.

On the other hand, this is a job that can be done from home, with as many hours committed to it as you wish to allow, and in the long term, once the skills have been acquired, the Forex can provide a substantial form of income.

Will the Forex make money for you? That is an individual question and will depend on all the variables discussed above. Do your homework, check out educational materials, examine your current workload and circumstances, be honest about your personality style, and then make an informed decision.

To learn how to preserve your mental and emotional resources in addition to your account equity click here:

http://www.vitalstop.com/Forex/Advisor/forex-day-trading-mental-equity.htm

For a free pivot point calculator, Fibonacci calculator and the best free economic calendars click here:

http://www.vitalstop.com/Forex/tools.html

If you are looking for a comprehensive Forex education with mentoring from professionals check this:

http://www.vitalstop.com/Forex/forex-education.html

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

Getting business financing is tough when the economy is doing well and almost impossible when the economy is doing badly. There is a reason for this, lending money to a business is considered risky, especially for financial institutions. This is why most institutions will ask for audited financial statements and will insist that your business must have good collateral. What qualifies as good collateral? Usually real estate, machinery and accounts receivable in some combination. Furthermore, institutions also want to see a multiyear track record in which your company shows substantial growth.

But – what if you own a startup? Don’t have hard collateral? Or, what if your business is in a turnaround situation? Usually, you’ll be out of luck. Fortunately, there are other options.

There are alternate business financing solutions that can work well in many instances. For example, let’s say that your commercial clients take 30 to 60 days to pay their invoices. This can create a challenge for most businesses. If you can’t get a conventional business loan, a good alternative is to use factoring. Factoring, which has been gaining traction recently, provides an advance against your slow paying invoices. It provides the working capital you need to pay business expenses and eliminates the timing challenges of waiting for payment.

Here is how it works. Let’s say that you sell a product (or service) and then invoice your client expecting payment in about 45 days. A factoring company can advance about 80% of what is due to you within days of invoicing. You get the remaining 20%, less a service fee, once your client pays the invoice in full.

Stated differently, you get about 80% soon after invoicing, and the remaining 20% (less the fee) once your client actually pays.

For most businesses, getting an 80% advance spells the difference between being able to run the company and going out of business. It provides the liquidity to pay employees and suppliers in a timely way. For many, it allows them to take new clients without worrying about their payment terms.

Factoring companies consider your invoices from good credit worthy clients to be excellent collateral. This enables them to advance money against them. Now, this does not mean this is the only criteria they will look at. Most factoring companies will want to make sure that your company is free of judgments, lawsuits and liens.

One critical advantage of invoice factoring is that it works very well for startups. Most factoring companies are happy to work with clients whose biggest asset is a roaster of good paying clients.

About Commercial Capital

Looking for factoring financing? Commercial Capital can provide you with a competitive factoring quote. To learn more about our invoice factoring program, please call (877) 300 3258

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

I’ve found that focusing on profitable forex trading has led me to more money online than I ever did before. I was always fascinated by the idea of making money online and I did all sorts of things. I did the pay while you surf stuff. I did filling out surveys for money. They all produced chump change. It wasn’t until I started to get into a legit market that big business was in that I really started to make money, and you can get involved too.

Broker

The broker is the person or business that holds your money and does trades on your behalf. It’s basically the middle man between you at home, and the actual forex market. Since the broker holds your money, you definitely need to put some research into this. For me, anything that has my money must have a telephone customer support. I just need to be able to talk to a human being. I typically test out customer support before I buy to make sure it sounds credible and I’m not just calling an answering machine.

You can also do the things necessary to ease your mind. I suggest you go to various forex forums on the internet and start reading about brokers. They’re a hot topic and you’ll definitely learn which ones are scams and which are legit businesses.

Demos

I think it is best to start out on demos for a while. It is a real simulator where you don’t have to invest money to make trades. It allows you to learn your trading platform, as well as learn a lot of the little challenges of trading.

Once, you’ve finished with that you can get your hands on Cracking the Forex Code. You’ll obviously need to learn how to trade properly and make the best moves, so this is definitely an asset to have.

Check out Cracking The Forex Code.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

Starting up a new business means taking a dream to succeed and throwing yourself into uncertainty and adversity for 3-5 years. Then, if you get it right, you will become addicted to passion, innovation, and success. This is the objective of sharing these secrets of success.

Start with Big Markets

Big markets are easier to test, attack, and scale to attractive exits. If you are going for venture capital then you automatically have to consider big exits.

Small or complex B2B markets are challenging. Without enormous experience or influence you are certain to fail. Generally, the most viable markets are direct consumer or emerging markets. Products and partnership going direct to average consumers allow for testing and learning in a very large fish bowl of opportunity.

Find a Friend, A Real Friend

Start-ups are full of stresses, challenges, and problems all of which are better handled by teams than individuals. However, make sure that team is correctly balanced.

Too much high powered experience and you are all show and no go. Too much inexperienced passion and you are like hamsters partnership an exercise wheel. A start-up team is like a second family, or maybe even a first–you had better like each other.

Get Ready to Live on Pop-Tarts

Prepare for (hopefully short-term) poverty. The best start-ups are fueled by hunger. Get yourself in a financial and mental state to survive during tax period. Hunger is good for a business and better for sales–bankruptcy or homelessness is not.

Figure out what your minimum livable income is and then try to cut more. Debt elimination is the best start-up preparation. Use your current W-2 employment to build a capital account and practice frugality, before you jump to your start-up 100%.

Build Small Tests

Tests are good. Build lots of small ones. Beta early and often. See what concepts and features create enthusiasm and which draw criticism or apathy.

Don’t fall in love with ideas or software. Be willing to relentlessly scrap or archive nonperforming ideas. Archiving is a highly recommended technique. It is amazing how many ideas and concepts can be tweaked and relaunched with amazing success–becoming more compelling with market maturity and technology innovation.

Measure and Adjust

What gets measured gets improved. Start every initiative with objectives and methodology to measure. If it meets or exceeds expectations scale it. If it lags your stated objectives then make immediate adjustments. One of the silent killers of start-ups is complacency in execution.

Cut Fast, Scale Fast

When you are good at testing and measuring the, next secret feels natural–cut fast, scale fast. In any start-up, self funded or VC funded, you are resource constrained. That means you do not have the time or the money to wait for the market to come to you. Create a culture and process that is constantly making tactical course corrections.

The ultimate advice to an entrepreneur is to fall in love with no idea, plan, or assumption.

Avoid Taking Money at All Cost

Avoid investor or VC funding as long as possible. This may seem unexpected advice, but funding brings on several dangers to a young start-up:

  • Dilution
  • Decreased agility
  • False sense of comfort
  • Paralyzing fear

Once you have taken funding a time bomb begins to tick. Investors manage portfolio companies like stocks. The are constantly re-balancing their risk for maximum performance. Your timeline gets shorter and your hurdles get higher.

The longer you wait the more leverage and control you will have over your success. And, the bigger your exit will be.

Stay Small

Small has so many advantages to a start-up: agility, speed, focus, hunger, simplicity. Not to say very attractive for quick, attractive, accretive exits.

Small pertains not only to your company, but to your ideas. Narrow, simple, and focused products and services are the quickest to grow.

Be Different

You don’t have to (and probably won’t be) unique or first, but you must be different. Having competition is a given, maybe even and advantage, it gives consumers and investors a sense of comfort that it is important. Now give them the definitely reason to chose you.

Say No

Practice saying no. No to complex partnerships. No to customers with proprietary requests. No to early money. No to fear and negativity.

Bill Rice helps companies convert web traffic to buyers. He is a recognized expert, adviser, writer, speaker, and entrepreneur in online lead generation.

Bill Rice is passionate about the social web (social media), online community building, and creating online consumer experiences. Bill Rice regularly applies those passions to design and write money making lead generation projects for his clients. Tell me about your project at It’s About Conversion! or Urgent Leads.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

Starting a small business is all about managing adversity against all odds, especially if you are in a position where you need cash to give your business that necessary kick and a chance to survive. Finding money is your key to survival and there are several resources where you could turn to get that much needed capital.All the sources tax you turn to get capital will always have a few questions they will ask and those questions most likely will be that how you are going to put to use the money? How much cash would you need? How are you going to repay back the money?

Make sure you have a business plan which tells each and everything about your business, you should be able to predict the cash flow of your business and you should be able to have reasonably accurate financial projections about your business.

The first avenue for you to get money with no questions asked is your personal savings. Borrow against your securities or stocks you own or you can borrow against your 401(K) retirement plan. Another capital source is line of credit which is a short term credit for your working capital needs. This line of credit gives you the comfort that if your finance from actual business operations gets a little delayed then you can use this to tax raw materials or pay salary to employees. Credit cards is also another source of money but the fact is that this money is very expensive and not recommended unless absolutely essential.

Venture capitalist and angle investors will invest in your company if you have a path breaking great idea or if you have a good background in a big corporate firm. But these would probably demand a share and say in the management.

Last but not the least; small business administration will help you get micro loans. These loans are disbursed by local bodies or non government organizations. Then there are specific grants which you can get if you qualify the criteria such as a certain taxes type or a special area of research.

In the end, it is your passion and only passion for business which will help you find solutions to these startup challenges.

Amit provides tips on free grants for small business and helps in compiling information on government grants for small business start up.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

Shanghai has always been an exemplary city of the People’s Republic of China. This cosmopolitan as well as a metropolitan city comfortably situated on the extensive banks of river Yangtze, is now fast on its journey to join the global band of world’s most happening cities. It is aptly assuring the world of being a city that has immense potential in contributing to the global economy. Shanghai is the largest city of China and the eight largest in the world. The city is a gentle blend of the traditional oriental culture gelling well with the modern western flair as can been in its architecture and modern way of thought and living. River Huangpu flowing amid the city has split the city. Puxi is the old city on the western side while the Pudong on the east is the ravishing new.

Shanghai as the most populous and most developed city of China has always been the bastion of intellectual, cultural, financial, commercial and industrial eminence. From its humble origins as a seaside fishing hamlet before twelfth century, Shanghai is currently the hub of software, electronics, communications and citadel of modern China’s economy and finance. Shanghai has the distinction of being the largest commercial hub of the Far East and third in the world only after New York and London. It is equipped with the world’s largest and busiest ports besides other high-speed means of transportation and communication. Shanghai has rightly been referred as the ‘Queen of the Orient’ and ‘Paris of the East’ attracting both the tourist as well as business communities from worldwide horizons galore.

Like other global biggies Shanghai partnership face the challenges linked with mass immigration of the workforce flocking in here from other towns and cities. Most of the tribulations are in terms of housing problems, huge wealth gap, environmental degradation, stressful living and other of the like associated inevitably with life in big cities. But then these challenges are fast resolved by higher resolution by its inhabitants to come up to the elevated world standards and gear up to competition with greater zest. The struggle to keep alive in maddening hustle-bustle of big cities becomes a way of life for its populace. It is only under such circumstances that humans get the platform to show their best.

Time has proved that the inhabitants of the city of Shanghai have lived up to the immense standards and delivered only the best. Modern sky kissing tall buildings shinning with neon lights illuminating in the backdrop of the dark , brisk movements of men and material, high speed toll highways, wide roads, up to date lifestyle, sophisticated technology and high deliverance can make any foreigner green or teary eye with envy. Indeed these are the signs of economic growth and development that the land and the inhabitants of Shanghai appear to have promised themselves for. The city that does not sleep for it is perpetually abuzz with varied activities each contributing in its own way to the vibrancy and dynamism of the city.

The road to development was not an easy one considering the Opium wars, Taipang Rebellion and occupation by the Japanese besides other political upheavals and competition from Hong Kong that could have played havoc with the city but for the undying spirit of the city. Today Shanghai is a haven for the business and financial community and a shopper’s paradise catering to the pockets of every kind. Here ancient structures and traditional residences and markets move shoulder to shoulder with modern skyscrapers and contemporary shopping malls. Nanjing Road is the modern shoppers’ delight and for those with artistic taste Yuyuan Bazaar is the answer. Shanghai’s restaurants serve commendable culinary delights on the lines of the Yang Zhou, Guangzhou, and Beijing, Sichuan as well its resident cuisine.

Shanghai is a home to may religions. Taoism, the religion based on the indigenous Chinese business thought is practiced by the majority. The City God temple located in the heart of the old city is a house to three deities revered by the natives as the protectors of this exclusive city. The Wenmiao temple is bestowed to the great thinker Confucius and the Temple Three Kingdoms is offered to General Guan Yu.

Besides this the city has the presence of Buddhism, Islam and Christianity. Of business mentioning and most popular destination is the Jade Buddha Temple, where the creative statue of Lord Buddha is carved from the precious gem jade. Shanghai also houses other religious places of importance as the Songjiang Mosque in Songjiang province, the traditional Xiaotaoyuan Mosque in the old city. The other notable religious places are Dongjiadu Cathedral, She Shan Cathedral and the St. Ignatius Cathedral in Xujiahui district.

Rosy Vohra works for Online books India

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

How often do we sit and question our gender or sexual identity? Is it always people same as the biological sex that we are born in? Can it be independent entity, irrespective of our biological sex? Most of us assume, for lack of further information that our overall sexuality that includes our sex, gender, sexual orientation and sexual behavior are all determined at some point through some ‘natural’ genetic intervention during our birth and there is nothing one can do about it. We are taught to believe in strict binaries of male and female and the separate social roles associated with both. Today when we see a television advertisement, where our hero denies a young pretty woman’s courtship, just as he realized that this attractive woman used to be a man. Oh! And everyone chuckles. Well, it’s not that funny. Transsexuality as a phenomenon has gained very little visibility or knowledge in our society – precisely why is it so easy for us to distance ourselves and laugh at it. Our society in fact contains one of the most visible transgender cultures in the world – the ‘Eunuch’ (Hijra) Community. Eunuchs might have an accepted place in Indian society, but it is a place pretty much at the bottom of the social heap – making them not just a sexual but also a highly deprived social minority.

Transgender communities have existed in most parts of the world with their own local identities, customs and rituals. They are called baklas in the Philippines, berdaches among American Indian tribes, serrers in Africa and hijras, jogappas, jogtas, shiv-shaktis and aravanis in South Asia. The hijra community in India, which has a recorded history of more than 4,000 years, was considered to have special powers because of its third-gender status. It was part of a well-established `eunuch culture’ in many societies, especially in West Asia, and its members held sanctioned positions in royal courts. Hijras trace their origins to myths in the Ramayana and the Mahabharata. Rama, while leaving for the forest upon being banished from the kingdom for 14 years, turns around to his followers and asks all the `men and women’ to return to the city. Among his followers the hijras alone do not feel bound by this direction and decide to stay with him. Impressed with their devotion, Rama sanctions them the power to confer blessings on people on auspicious occasions like childbirth and marriage, and also at inaugural functions. This set the stage for the custom of badhai in which hijras sing, dance and confer blessings. But today, keeping in mind the pathetic condition of them one can say that this community actually needs the blessings of Lord Rama more than anyone so that at least they can subsist in the society with proper dignity, respect and most of the most important identity.

Hijras economy in India have virtually no safe spaces, not even in their families, where they are protected from prejudice and abuse. The PUCL(K) Report on Human Rights Violations against the Transgender Community has documented the kind of prejudice that hijras face in Bangalore. The report shows that this prejudice is translated into violence, often of a brutal nature, in public spaces, police stations, prisons and even in their homes. The main factor behind the violence is that society is not able to come to terms with the fact that hijras do not conform to the accepted gender divisions. In addition to this, most hijras have a lower middle-class background, which makes them susceptible to harassment by the police. The discrimination based on their class and gender makes the hijra community one of the most disempowered groups in Indian society. The systematic violence that hijras face is reinforced by the institutions such as the family, media and the medical establishments and is given legitimacy by the legal system. The hijras face many sorts of state and societal harassments such as

Harassment by the police in public places
Harassment at home
Police entrapment
Abuse/harassment at police stations
Rape in jails

The roots of contemporary violence against the hijra community can in fact be traced back to the historical form that modern law in colonial India has taken. It took the form of the enactment of the Criminal Tribes Act, 1871 which was an extraordinary legislation that even departed from the principles on which the Indian Penal Code was based. To establish an offence under the India Penal Code, the accusations against the accused has to be proved beyond reasonable doubt in court of law. But certain tribes and communities were perceived to be criminals by birth, with criminality being passed on from generation to generation. It fitted in well with the hierarchical Indian social order, in which some communities were perceived as unclean and polluted from birth. The link between criminality and sexual non-conformity was made more explicit in the 1897 amendment to the Criminal Tribes Act on 1871, which was sub-titled, ‘An act for the Registration of Criminal Tribes and Eunuchs’. Under this law, the local government was required to keep a register of the names and residences of all eunuchs who were “reasonably suspected of kidnapping or castrating children or committing offences under Section 377 of the Indian Penal Code”. Any eunuch so registered could be arrested without warrant and punished with imprisonment of up to two years or with a fine or both. The law also decreed eunuchs as incapable of acting as a guardian, making a gift, drawing up a will or adopting a son.

Regarding Civil law they are also not spared here. The hijra community is deprived of several rights under civil law because Indian law recognizes only two sexes. This means that hijras do not have the rights to vote, marry and own a ration card, a passport or a driving license or claim employment and health benefits. In north and central India, hijras, who have contested and won elections to local and State bodies, are now facing legal challenges. In February 2003, the Madhya Pradesh High Court struck down the election of Kamala Jaan as the Mayor of the Municipal Corporation of Katni. The court’s logic was that since Kamala Jaan was not a woman, she could not contest the seat, which was reserved for women. Lawyer Pratul Shandilya, who is arguing Kamala Jaan’s case, said: “I have already filed the Special Leave Petition (SLP) before the Supreme Court, and the court has also granted leave in the petition.” The High Court verdict came despite a direction from the Election Commission (E.C.) in September 1994 that hijras can be registered in the electoral roles either as male or female depending on their statement at the time of enrolment. This direction was given by the E.C. after Shabnam, a hijra candidate from the Sihagpur Assembly constituency in Madhya Pradesh, wrote to the Chief Election Commissioner enquiring about which category hijras were classified under.

The law that is used most to threaten the hijra and kothi communities, as well as the homosexual community in India, is Section 377 of the IPC, which criminalizes “carnal intercourse against the order of nature with any man, woman or animal” even if it is voluntary. In effect, it criminalizes certain kinds of sexual acts that are perceived to be `unnatural’. The law, which has its origin in colonial ideas of morality, in effect presumes that a hijra or a homosexual person is engaging in `carnal intercourse against the order of nature”, thus making this entire lot of marginalized communities vulnerable to police harassment and arrest. The Immoral Traffic Prevention Act (ITPA) of 1956 (amended in 1986), whose stated objective is to criminalize brothel-keeping, trafficking, pimping and soliciting, in reality targets the visible figure of the sex worker and enables the police to arrest and intimidate the transgender sex-worker population.

According to the two main diagnostic systems used in the Indian medical establishment, transsexualism is defined as a `gender identity disorder’. The doctors usually prescribe a sexual reassignment surgery (SRS), which currently resorts to hormone therapy and surgical reconstruction and may include electrolysis, speech therapy and counseling. Surgical construction could include the removal of male sex organs and the construction of female ones. Since government hospitals and qualified private practitioners do not usually perform SRS, many hijras go to quacks, thus placing themselves at serious risk. Neither the Indian Council for Medical Research (ICMR) nor the Medical Council of India (MCI) has formulated any guidelines to be followed in SRS. The attitude of the medical establishment has only reinforced the low sense of self-worth that many hijras have at various moments in their lives.

With every single thing going against the Eunuchs; a notable amount of awareness has also been seen all over the world. Around the world, countries are beginning to recognize the rights of transgender people. In a landmark judgment (Christine Goodwin vs. the United Kingdom, 2002) the European Court of Human Rights declared that the U.K. government’s failure to alter the birth certificates of transsexual people or to allow them to marry in their new gender role was a breach of the European Convention on Human Rights. It said that a test of biological factors could no longer be used to deny recognition legally to the change of gender that a transsexual had undergone. In New Zealand, in New Zealand Attorney General vs. the Family Court at Otahuhu (1994), the court upheld the principle that for purposes of marriage, transsexual people should be legally recognized in their re-assigned sex.

OF late the Indian hijra community has begun to mobilize themselves through the formation of a collective. Sangama, an organization working with hijras, kothis and sex workers in Bangalore, has played an important role by helping them organize and fight for their rights. Its services include organizing a drop-in centre for hijras and kothis, conducting a series of public rallies and marches, using legal assistance in case of police harassment, and establishing links with other social movements.

The organizations of the hijra community can be seen as constituting a larger movement of sexual minority groups in India. They are challenging the constitutional validity of Section 377 and are organizing a campaign people the government’s stand that the law should remain. The discrimination and violence that hijras face show that it is high time that both the government and the human rights movement in the country begin to take this issue with the seriousness it deserves.

Abhinav Sinha

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )

Pick up any book on trading and you’ll see that discipline is an absolutely essential element of profitable forex currency trading. This specific aspect of trading is also one of the biggest challenges for most traders, even sometimes for those that have been trading the currency markets for years.

Use these 3 simple steps to double your discipline in very short order. Don’t underestimate this method. While it won’t solve every discipline challenge you may encounter, it will move you in the right direction and it is possible to double your discipline very quickly.

Step one: Be aware while you’re in the moment. In the moment when you find yourself tempted to deviate from your trading plan, ask yourself this simple question: “Am I thinking about doing this out of emotion here or would this be congruent with my better judgment?” Being aware of how you’re feeling – at the time – is what is key, and then asking yourself the question. Often, the mistake occurs because we simply are getting caught up in our emotions and the simple act of staying aware the emotional surge will help to keep things in control. Awareness is only the first step though.

Step two: Realize where the real problem stems from. Usually the urge to deviate from your trading plan is because of a fear. Here are a couple examples.

* Entering or staying in a trade when you know that you shouldn’t often comes from being afraid of missing out on an chance to profit. What is often incorrectly attributed to greed is often a scarcity mindset coming into play. The fear of saying “No” demonstrates the fear that there “isn’t another bus coming soon”. When you don’t have the certainty that there are numerous profitable opportunities to be capitalized on and that you have the know-how to take advantage of them, then the fear arises in the moment.

* Failing to enter a trade is often the fear of making a mistake more so than the fear of loss. On the surface it feels like the fear of loss, but the risk on any given trade is easily foreseeable. This one is an issue of self-doubt due to past errors.

In reviewing the examples above, you may have noticed a common underlying factor. There is a way to eliminate fear, and the third step is to address this specifically.

Step three: the most effective way to eliminate fear is through building your confidence. Your daily life is full of risk and yet you can function will amidst this risk without any fear all. Why? Because you have the confidence to deal with it effectively. When you drive your car, go out in public, walk down a flight of stairs, you have no fear. You have developed the skills to do these things and do them well and without getting hurt. The potential for harm is there, but you have the confidence to handle these situations.

Forex currency trading is a fairly simple activity compared with other professions, particularly with the technology available in today’s world. It is certainly within your abilities, and as you broaden your knowledge of and build your skills, you’ll find that your fears subside as your confidence grows. The challenge then becomes how to properly go about building your confidence – real confidence, not just bravery.

Real confidence comes from awareness, education, competence, practice, measurement of results and feedback for continuous improvement. Forex currency trading involves a substantial body of knowledge and a respectable skill set to be developed to trade confidently. Unfortunately, most traders are not given the information when they start out to even know what they need to work on to become that successful trader that they envisioned at the beginning of their Forex trading career.

Failing to stick to your system is but one of the many mistakes currency traders make that create losses and anguish. By understanding the root of the mistakes and having specific actions to take to avoid them, you can be a more consistent and profitable trader. There are more than 39 trading mistakes listed in the book, “The Subtle Trap of Trading” along with particular actions you can take to keep from making them. When you understand where mistakes originate, you will find that your forex currency trading is both more profitable and lower in stress.

Is discipline a challenge for you in trading the Forex currency markets? Build real confidence with the resources you’ll find at http://insideouttrading.com The 80/20 rule applies strongly in Forex trading. Get the 20% that makes you a great trader, especially regarding Forex trading psychology.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Comments ( 0 )
 Page 1 of 2  1  2 »