Economics | The World of English https://www.english-culture.com Global Language and World Culture Fri, 02 Jan 2026 12:58:05 +0000 it-IT hourly 1 https://wordpress.org/?v=6.9 https://www.english-culture.com/wp-content/uploads/2018/04/English-culture-icon.png Economics | The World of English https://www.english-culture.com 32 32 International Days List https://www.english-culture.com/international-days-list/ Thu, 01 Jan 2026 14:36:47 +0000 https://www.english-culture.com/?p=158168 International Days list, promoted by the United Nations as occasions to mark particular events or topics in order to create awareness and action on these issues. The United Nations designates specific days, …

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International world days list
International world days list

International Days list, promoted by the United Nations as occasions to mark particular events or topics in order to create awareness and action on these issues.

The United Nations designates specific days, weeks, years and decades as occasions to mark particular events or topics in order to promote awareness and action on these issues. You can find a list of International Days and Weeks on the UN website, with articles and videos about every special day to give you all the information you need.

There are many international days and weeks celebrated globally. Some of the most popular observances include World Braille Day (January 4), International Day of Education (January 24), International Women’s Day (March 8), World Water Day (March 22), and the International Day of Peace (September 21). Other annual observances include World Seagrass Day (March 1), United Nations Zero Discrimination Day (March 1), International Day for Ear and Hearing Loss (March 3) and World Health Day (April 7).

There are also many other social media holidays and STEM-related seasonal events celebrated throughout the year.The UN also designates specific years for certain topics, such as the year 2023 being designated as the mid-point since the UN adopted the 2030 Agenda for Sustainable Development.

The purpose of observing international days and weeks is to educate the general public on issues of concern, to mobilize political will and resources to address global problems, and to celebrate and reinforce achievements of humanity.

Each international day offers many actors the opportunity to organize activities related to the theme of the day. While all UN observances share the same principal aims, UN days can ensure the greatest degree of continuity. The significance of observing these days includes promoting diversity, cooperative spirit among nations, equality, peace, unity, universal respect for justice and international law as well as human rights and fundamental freedoms.

The themes for international days and weeks are chosen by the United Nations or by organizations in close coordination with the UN. The UN observes designated days, weeks, years, and decades, each with a theme or topic. For example, World Space Week Association Board of Directors selects a theme each year in close coordination with the UN Office of Outer Space Affairs. The United Nations designates specific years for certain topics to promote awareness through observances. Each year’s theme for International Day of Families is selected to raise awareness on important issues such as sustainable urban policies.

As I said before International Women’s Day (March 8) is one of the most celebrated international days. It is a global day celebrating the social, economic, cultural, and political achievements of women. The event got its start in the U.S., but it is more widely celebrated elsewhere. International Women’s Day is a day when women are recognized for their achievements without regard to divisions, whether national, ethnic, linguistic, cultural, economic or political. The day aims to promote gender equality and women’s rights around the world. While there are other popular observances such as World Water Day (March 22) and the International Day of Peace (September 21), International Women’s Day has gained significant attention and recognition globally.

Individuals or organizations can propose new international days or weeks. According to the United Nations website, International days are proposed to the UN General Assembly by Member States. Additionally, as stated in Brill’s article on International Days at the United Nations, UN days may be initiated by a host of actors including international and national organizations, politicians, professional bodies, policy makers, NGOs and individuals. However, it is important to note that not all proposals for new observances are accepted. The General Assembly prioritizes information relevant to its work and may not accept proposals that do not align with its priorities.

Here is the complete list of International World Days.

January

01 Jan – World Day of Peace

04 Jan – World Braille Day

24 Jan – International Day of Education

27 Jan – International Day of Commemoration in Memory of the Victims of the Holocaust

February

01 Feb – World Interfaith Harmony Week, 1-7 February

02 Feb – World Wetlands Day

04 Feb – International Day of Human Fraternity

06 Feb – International Day of Zero Tolerance to Female Genital Mutilation

10 Feb – World Pulses Day

11 Feb – International Day of Women and Girls in Science

12 Feb – International Day for the Prevention of Violent Extremism as and when Conducive to Terrorism

13 Feb – World Radio Day

17 Feb – Global Tourism Resilience Day

20 Feb – World Day of Social Justice

21 Feb – International Mother Language Day

March

01 Mar – World Seagrass Day

01 Mar – Zero Discrimination Day

03 Mar – World Wildlife Day

05 Mar – International Day for Disarmament and Non-Proliferation Awareness

08 Mar – International Women’s Day

10 Mar – International Day of Women Judges

15 Mar – International Day to Combat Islamophobia

20 Mar – International Day of Happiness

20 Mar – French Language Day

21 Mar – Week of Solidarity with the Peoples Struggling against Racism and Racial Discrimination, 21-27 March

21 Mar – International Day for the Elimination of Racial Discrimination

21 Mar – World Poetry Day

21 Mar – International Day of Nowruz

21 Mar – World Down Syndrome Day

21 Mar – International Day of Forests

22 Mar – World Water Day

23 Mar – World Meteorological Day

24 Mar – World Tuberculosis Day

24 Mar – International Day for the Right to the Truth concerning Gross Human Rights Violations and for the Dignity of Victims

25 Mar – International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade

25 Mar – International Day of Solidarity with Detained and Missing Staff Members

30 Mar – International Day of Zero Waste

April

02 Apr – World Autism Awareness Day

04 Apr – International Day for Mine Awareness and Assistance in Mine Action

05 Apr – International Day of Conscience

06 Apr – International Day of Sport for Development and Peace

07 Apr – World Health Day

07 Apr – International Day of Reflection on the 1994 Genocide against the Tutsi in Rwanda

12 Apr – International Day of Human Space Flight

14 Apr – World Chagas Disease Day

20 Apr – Chinese Language Day

21 Apr – World Creativity and Innovation Day

22 Apr – International Mother Earth Day

23 Apr – World Book and Copyright Day

23 Apr – English Language Day

23 Apr – Spanish Language Day

24-30 Apr – World Immunization Week

24 Apr – International Day of Multilateralism and Diplomacy for Peace

25 Apr – World Malaria Day

25 Apr – International Delegate’s Day

26 Apr – International Chernobyl Disaster Remembrance Day

26 Apr – World Intellectual Property Day

28 Apr – International Girls in ICT Day

28 Apr – World Day for Safety and Health at Work

30 Apr – International Jazz Day

May

01 May – International Workers Day

02 May – World Tuna Day

03 May – World Press Freedom Day

05 May – Vesak, the Day of the Full Moon

05 May – World Portuguese Language Day

07 May – International Laughter Day

08 May – Time of Remembrance and Reconciliation for Those Who Lost Their Lives During the Second World War

10 May – International Day of Argania

12 May – International Day of Plant Health

14 May – World Migratory Bird Day

15 May – International Day of Families

16 May – International Day of Light

16 May – International Day of Living Together in Peace

17 May – World Telecommunication and Information Society Day

17-23 May – UN Global Road Safety Week (biennial)

20 May – World Bee Day

21 May – International Tea Day

21 May – World Day for Cultural Diversity for Dialogue and Development

22 May – International Day for Biological Diversity

23 May – International Day to End Obstetric Fistula

25 May – Week of Solidarity with the Peoples of Non-Self-Governing Territories

29 May – International Day of UN Peacekeepers

31 May – World No-Tobacco Day

June

01 Jun – Global Day of Parents

03 Jun – World Bicycle Day

04 Jun – International Day of Innocent Children Victims of Aggression

05 Jun – World Environment Day

05 Jun – International Day for the Fight against Illegal, Unreported and Unregulated Fishing

06 Jun – Russian Language Day

07 Jun – World Food Safety Day

08 Jun – World Oceans Day

12 Jun – World Day Against Child Labour

13 Jun – International Albinism Awareness Day

14 Jun – World Blood Donor Day

15 Jun – World Elder Abuse Awareness Day

16 Jun – International Day of Family Remittances

17 Jun – World Day to Combat Desertification and Drought

18 Jun – International Day for Countering Hate Speech

18 Jun – Sustainable Gastronomy Day

19 Jun – International Day for the Elimination of Sexual Violence in Conflict

20 Jun – World Refugee Day

21 Jun – International Day of Yoga

21 Jun – International Day of the Celebration of the Solstice

23 Jun – International Widows’ Day

23 Jun – United Nations Public Service Day

24 Jun – International Day of Women in Diplomacy

25 Jun – Day of the Seafarer

26 Jun – International Day against Drug Abuse and Illicit Trafficking

26 Jun – United Nations International Day in Support of Victims of Torture

27 Jun – Micro-, Small and Medium-sized Enterprises Day

29 Jun – International Day of the Tropics

30 Jun – International Asteroid Day

30 Jun – International Day of Parliamentarism

July

03 Jul – International Day of Cooperatives

07 Jul – World Kiswahili Language Day

11 Jul – World Population Day

15 Jul – World Youth Skills Day

18 Jul – Nelson Mandela International Day

20 Jul – International Moon Day

20 Jul – World Chess Day

25 Jul – World Drowning Prevention Day

28 Jul – World Hepatitis Day

30 Jul – International Day of Friendship

30 Jul – World Day against Trafficking in Persons

August

01 Aug – World Breastfeeding Week, 1-7 August

09 Aug – International Day of the World’s Indigenous Peoples

12 Aug – International Youth Day

19 Aug – World Humanitarian Day

21 Aug – International Day of Remembrance and Tribute to the Victims of Terrorism

22 Aug – International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief

23 Aug – International Day for the Remembrance of the Slave Trade and Its Abolition

29 Aug – International Day against Nuclear Tests

30 Aug – International Day of the Victims of Enforced Disappearances

31 Aug – International Day for People of African Descent

September

4 Sep – Labor Day

5 Sep – International Day of Charity

7 Sep – International Day of Police Cooperation

7 Sep – International Day of Clean Air for Blue Skies8 Sep: International Literacy Day [UNESCO]

9 Sep – International Day to Protect Education from Attack

12 Sep – United Nations Day for South-South Cooperation

15 Sep – International Day of Democracy

16 Sep – International Day for Interventional Cardiology

16 Sep – International Day for the Preservation of the Ozone Layer

17 Sep – World Patient Safety Day

18 Sep – International Equal Pay Day

21 Sep – International Day of Peace and World Gratitude Day

23 Sep – International Day of Sign Languages

25 Sep – International World Day of Dreams

26 Sep – International Day for the Total Elimination of Nuclear Weapons

27 Sep – World Tourism Day

28 Sep – World Maritime Day

28 Sep – International Day for Universal Access to Information

29 Sep – International Day of Awareness of Food Loss and Waste

30 Sep – International Translation Day

October

01 Oct – International Day of Older Persons

02 Oct – World Habitat Day

02 Oct – International Day of Non-Violence

04-10 Oct – World Space Week

05 Oct – World Teachers’ Day

07 Oct – World Cotton Day

09 Oct – World Post Day

10 Oct – World Mental Health Day

11 Oct – International Day of the Girl Child

13 Oct – International Day for Disaster Risk Reduction

15 Oct – World Migratory Bird Day

15 Oct – International Day of Rural Women

16 Oct – World Food Day

17 Oct – International Day for the Eradication of Poverty

24-31 Oct – Global Media and Information Literacy Week

24 Oct – United Nations Day

24-30 Oct – Disarmament Week

24 Oct – World Development Information Day

27 Oct – World Day for Audiovisual Heritage

31 Oct – World Cities Day

November

02 Nov – International Day to End Impunity for Crimes against Journalists

05 Nov – World Tsunami Awareness Day

06 Nov – International Day for Preventing the Exploitation of the Environment in War and Armed Conflict

09-15 Nov – International Week of Science and Peace

10 Nov – World Science Day for Peace and Development

13-19 Nov – World Antibiotic Awareness Week

14 Nov – World Diabetes Day

17 Nov – World Philosophy Day

16 Nov – International Day for Tolerance

18 Nov – World Day for the Prevention of and Healing from Child Sexual Exploitation, Abuse and Violence

19 Nov – World Day of Remembrance for Road Traffic Victims

19 Nov – World Toilet Day

20 Nov – Africa Industrialization Day

20 Nov – World Children’s Day

21 Nov – World Television Day

25 Nov – International Day for the Elimination of Violence against Women

29 Nov – International Day of Solidarity with the Palestinian People

30 Nov – Day of Remembrance for all Victims of Chemical Warfare

December

01 Dec – World AIDS Day

02 Dec – International Day for the Abolition of Slavery

03 Dec – International Day of Persons with Disabilities

04 Dec – International Day of Banks

05 Dec – International Volunteer Day for Economic and Social Development

05 Dec – World Soil Day

07 Dec – International Civil Aviation Day

09 Dec – International Day of Commemoration and Dignity of the Victims of the Crime of Genocide and of the Prevention of this Crime

09 Dec – International Anti-Corruption Day

10 Dec – Human Rights Day

11 Dec – International Mountain Day

12 Dec – International Day of Neutrality

12 Dec – International Universal Health Coverage Day

18 Dec – International Migrants Day

18 Dec – Arabic Language Day

20 Dec – International Human Solidarity Day

27 Dec – International Day of Epidemic Preparedness


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Black Friday Day https://www.english-culture.com/black-friday-day/ Fri, 21 Nov 2025 09:38:55 +0000 https://www.english-culture.com/?p=101275 Black Friday day falls every year on the first Friday after Thanksgiving, the day of Thanksgiving, a typical holiday in the United States and celebrated on the fourth Thursday of November. In …

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Black Friday day new quote idea
Black Friday day new quote idea

Black Friday day falls every year on the first Friday after Thanksgiving, the day of Thanksgiving, a typical holiday in the United States and celebrated on the fourth Thursday of November. In 2025, Black Friday falls on November 28, the day in which all stores offer commercial bargains and discounts, not only on clothing and gift ideas, but also on many products for the home and kitchen. Since 1952, the day after Thanksgiving has traditionally been seen in the United States, together with Cyber Monday, as the start of the Christmas shopping season and related sales, even though the term “Black Friday” has only been widely used in the past decade.

Black Friday is a scam. You should be mad they overcharge you 364 days a year.
Unknown

You may have heard of Black Friday and Cyber Monday. There’s another day you might want to know about: Giving Tuesday. The idea is pretty straightforward. On the Tuesday after Thanksgiving, shoppers take a break from their gift-buying and donate what they can to charity.
Bill Gates

What do Black Friday shoppers and the Thanksgiving turkey have in common? They know what it’s like to be jammed into a small place and stuffed.
Humoropedia

Make sure the clothes you buy on Black Friday take into account how fat you got on Thanksgiving.
Unknown

We live in a consumer culture, and Black Friday is like the July 4th of that culture. It might be good not to live in this culture, but it terms of what we can do to make people safer at big sales, it seems more useful to try to avoid dangerous crowd conditions.
John Seabrook

Let’s spend Thanksgiving spilling food on our clothes, and Black Friday buying new ones.
Unknown

Black Friday sale. My house. You and I. All clothes will be 100% off.
Kappit

As reported in the Forbes “Entrepreneurs” column on December 3, 2013: “Cyber Monday, the online counterpart to Black Friday, has been gaining unprecedented popularity -to the point where Cyber Sales are continuing on throughout the week.” Peter Greenberg, Travel Editor for CBS News, further advises: “If you want a real deal on Black Friday, stay away from the mall. Black Friday and Cyber Monday are all part of Cyber Week.

Sorry shoppers on Black Friday will block and tackle better than your football team on Thanksgiving.
Unknown

I thought Black Friday was when everyone puts on blackface and steals children from Wal-Mart.
Stephen Colbert

Black Friday: Because only in America, people trample others for sales exactly one day after being thankful for what they already have.
Unknown

The National Retail Federation releases figures on the sales for each Thanksgiving weekend. The Federation’s definition of “Black Friday weekend” includes Thursday, Friday, Saturday and projected spending for Sunday. The survey estimates number of shoppers, not number of people.

The length of the shopping season is not the same across all years: the date for Black Friday varies between November 23 and 29, while Christmas Eve is fixed at December 24. 2012 had the longest shopping season since 2007.

Black Friday Day 2020
Black Friday Day 2020

My version of Black Friday is deleting all the people in my phone who sent me a “mass Thanksgiving text.”
Blake Griffin

For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe.
Mark Skousen

Black Friday, in reality, is a symptom of the plight that 30 years of Reaganomics has brought to working people in America. Right along with the frenzied rise of shoppers willing to fight each other at retail outlets across America, we’ve been steadily, for the last 30 years, watching the destruction of organized labor … of decent pay and wages and conditions for working people… We have Black Friday today because the wealthy elite have strangled their workers for 32 years, ever since Ronald Reagan’s election.
Thom Hartmann

Here’s hoping Black Friday doesn’t turn into Black and Blue Sunday.
SomeECards

Happy Thanksgiving to someone I’d have no problem stomping to death on Black Friday.
Unknown

Black Friday is an informal name for the day following Thanksgiving Day in the United States (the fourth Thursday of November), which has been regarded as the beginning of the country’s Christmas shopping season since 1952. It is a busy shopping day and is a holiday in some states. Many people have a day off work or choose to take a day from their amount of yearly leave on Black Friday. Some people use this occasion also to make trips to see family members or friends who live in other areas or to go on vacation. Others use it to start shopping for the Christmas season. Shopping for Christmas presents is also popular on Black Friday. Many stores have special offers, high discounts and lower their prices on many goods, such as toys, clothes, food and electronic gadgets and devices.

Black Friday is not a federal holiday, but is a public holiday in some states. It is not only the day after Thanksgiving Day but also the Friday before Cyber Monday. Many people take a day of their annual leave on the day after Thanksgiving Day. Many organizations also close for the Thanksgiving weekend. Public transit systems may run on their normal schedule or may have changes. Some stores extend their opening hours on Black Friday. There can also be congestion on roads to popular shopping destinations.

Black Friday is one of the busiest shopping days in the USA. The states which have official public holidays for state government employees on “The Day After Thanksgiving” include Arkansas, California, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, West Virginia, and Wisconsin.

There are two popular theories as to why the day after Thanksgiving Day is called Black Friday. One theory suggests that the term originated in Philadelphia, where it was used to describe the heavy and disruptive pedestrian and vehicle traffic that would occur on the day after Thanksgiving. This usage dates to at least 1961. The wheels of vehicles in heavy traffic on the day left many black markings on the road surface, leading to the term Black Friday.

The other theory is that the term Black Friday More than twenty years later, as the phrase became more widespread, a popular explanation became that this day represented the point in the year when retailers begin to turn a profit and therefore it is related to an old way of recording business accounts. As a matter of fact losses were recorded in red ink and profits in black ink. Many businesses, particularly small businesses, started making profits prior to Christmas. Many hoped to start showing a profit, marked in black ink, on the day after Thanksgiving Day.

Black Friday Day crowd and shoppers
Black Friday Day crowd and shoppers

In the United Kingdom, on the contrary the term “Black Friday” originated within the Police and NHS to refer to the Friday before Christmas. It is the day when emergency services activate contingency plans to cope with the increase in workload due to many people going out drinking on the last Friday before Christmas. Contingencies can include setting up mobile field hospitals near City Centre nightspots.

The term has then been adopted outside those services to refer to the evening and night of the Friday immediately before Christmas, and would now be considered a mainstream term and not simply as jargon of the emergency services. The year 2014 marked the introduction of this event in Bolivia, Colombia, Denmark, Italy, Finland, France, Ireland, Lebanon, Nigeria, South Africa and Sweden.

In order to organize well your shopping you should research the Thanksgiving and Black Friday deals in advance, because you have to consider that the shops are very crowded in these days. Make an itinerary and a shopping plan: be sure to check when each store opens. This may determine the order of the stores that you visit. Best Buy, which typically draws a crowd that waits for the doors to open, will be open at 5 p.m. Thursday. You could also make a night or weekend out of it, or you can also create a map of your itinerary, planning where to park and so on.

Don’t forget about Santa: Santa will usually be available to take photos and meet children in the center atrium of most of the common hyper stores from this day, and every day until Dec. 24. Photo packages are also available for purchase. Bring your family: The adventure of Black Friday does not need to be rushed or stressful, and above all you must pay great attention and be careful, in fact despite frequent attempts to control the crowds of shoppers, minor injuries are common among the crowds, usually as a result of being pushed or thrown to the ground in small stampedes, while most injuries remain minor, serious injuries and even deliberate violence have taken place on some Black Fridays.

In 2008, a crowd of approximately 2,000 shoppers in Valley Stream, New York, waited outside for the 5:00am opening of the local Walmart. As opening time approached, the crowd grew anxious and when the doors were opened the crowd pushed forward, breaking the door down, a 34-year-old employee was trampled to death. The shoppers did not appear concerned with the victim’s fate, expressing refusal to halt their stampede when other employees attempted to intervene and help the injured employee, complaining that they had been waiting in the cold and were not willing to wait any longer.

Black Friday Day 2020 by English Culture
Black Friday Day 2020 by English Culture

Shoppers had begun assembling as early as 9:00 PM the evening before. Even when police arrived and attempted to render aid to the injured man, shoppers continued to pour in, shoving and pushing the officers as they made their way into the store. Several other people incurred minor injuries, including a pregnant woman who had to be taken to the hospital. The incident may be the first case of a death occurring during Black Friday sales; according to the National Retail Federation, “We are not aware of any other circumstances where a retail employee has died working on the day after Thanksgiving.”

Most major retailers open very early (and more recently during overnight hours) and offer promotional sales. Black Friday is not an official holiday, but California and some other states observe “The Day After Thanksgiving” as a holiday for state government employees, sometimes in lieu of another federal holiday such as Columbus Day. Many non-retail employees and schools have both Thanksgiving and the following Friday off, which, along with the following regular weekend, makes it a four-day weekend, thereby increasing the number of potential shoppers.

It has routinely been the busiest shopping day of the year since 2005, although news reports, which at that time were inaccurate, have described it as the busiest shopping day of the year for a much longer period of time. Similar stories resurface year upon year at this time, portraying hysteria and shortage of stock, creating a state of positive feedback.

Black Friday is a shopping day for a combination of reasons. As the first day after the last major holiday before Christmas, it marks the unofficial beginning of the Christmas shopping season. Additionally, many employers give their employees the day off as part of the Thanksgiving holiday weekend. In order to take advantage of this, virtually all retailers in the country, big and small, offer various sales including limited amounts of doorbuster/doorcrasher/doorsmasher items to entice traffic. Recent years have seen retailers extend beyond normal hours in order to maintain an edge or to simply keep up with the competition.

Such hours may include opening as early as 12:00 am or remaining open overnight on Thanksgiving Day and beginning sale prices at midnight. In 2010, Toys ‘R’ Us began their Black Friday sales at 10:00 pm on Thanksgiving Day and further upped the ante by offering free boxes of Crayola crayons and coloring books for as long as supplies lasted. Other retailers began Black Friday sales early Thanksgiving morning and ran them through as late as 11:00 pm Friday evening. Forever 21 went in the opposite direction, opening at normal hours on Friday, and running late sales until 2:00 am Saturday morning. Historically, it was common for Black Friday sales to extend throughout the following weekend. However, this practice has largely disappeared in recent years, perhaps because of an effort by retailers to create a greater sense of urgency.

Black Friday in the good old days
Black Friday in the good old days

In Canada the large population centers on Lake Ontario and the Lower Mainland in Canada have always attracted cross-border shopping into the US states, and as Black Friday became more popular in the US, Canadians often flocked to the US because of their lower prices and a stronger Canadian dollar. After 2001, many were traveling for the deals across the border. Starting in 2008 and 2009, due to the parity of the Canadian dollar compared with the American dollar, several major Canadian retailers ran Black Friday deals of their own to discourage shoppers from leaving Canada.

The year 2012 saw the biggest Black Friday to date in Canada, as Canadian retailers embraced it in an attempt to keep shoppers from travelling across the border. Before the advent of Black Friday in Canada, the most comparable holiday was Boxing Day in terms of retailer impact and consumerism. Black Fridays in the US seem to provide deeper or more extreme price cuts than Canadian retailers, even for the same international retailer. In recent years, Black Friday has been promoted in Australia too, so a lot of stores run Black Friday promotions both in-store and online retailers throughout the whole country.

Since the start of the 21st century, there have been attempts by great online commercial groups with origins in the United States such as Amazon to introduce a retail “Black Friday” everywhere and in 2013 Asda (a subsidiary of the American firm Walmart) announced its “Walmart’s Black Friday by ASDA” campaign promoting the American concept of a retail “Black Friday” in the UK and Europe as well. Some online and in-store companies have adopted the American-style Black Friday sale day, although others appear skeptical, with one 2013 comment piece in the trade publication Retail Week labelling it “simply an Americanism, which doesn’t translate very well.”

In 2014, more UK-based retailers adopted the Black Friday marketing scheme than ever. Among them were ao.com, very.co.uk, John Lewis and Argos, who all offered discounted prices to entice Christmas shoppers. During Black Friday sales in 2014, police forces were called to stores across Britain to deal with crowd control issues, assaults, threatening customers and traffic issues. Black Friday appears to be growing in popularity year on year in the UK and all through European countries where the sales are quickly increasing and mostly internet retailers have used the event as an occasion to attract new customers with discounts, but bricks and mortar stores have already begun to adapt the shopping event.

In Mexico and other South American countries like Brasil, Black Friday was the inspiration for the government and retailing industry to create an annual weekend of discounts and extended credit terms, El Buen Fin, meaning “the good weekend” in Spanish. El Buen Fin has been in existence since 2011 and takes place on November in the weekend prior to the Monday in which the Mexican Revolution holiday is pushed from its original date of November 20, as a result of the measure taken by the government of pushing certain holidays to the Monday of their week in order to avoid the workers and students to make a ”larger” weekend (for example, not attending in a Friday after a Thursday holiday, thus making a 4-day weekend).

On this weekend, major retailers extend their store hours and offer special promotions, including extended credit terms and price promotions. The popularity of Black Friday is also increasing in India. The reason for this is the growing number of e-commerce websites. The big e-commerce retailers in India are trying to emulate the concept of shopping festivals from the United States like Black Friday and Cyber Monday.

Some websites offer information about day-after-Thanksgiving specials up to a month in advance. The text listings of items and prices are usually accompanied by pictures of the actual ad circulars. These are either leaked by insiders or intentionally released by large retailers to give consumers insight and allow them time to plan.In recent years, some retailers (including Walmart, Target, OfficeMax, Big Lots, and Staples) have claimed that the advertisements they send in advance of Black Friday and the prices included in those advertisements are copyrighted and are trade secrets.

In South Africa, Austria and Switzerland, Black Friday Sale is a joint sales initiative by hundreds of online vendors – among them Zalando, Disney Store, Galeria Kaufhof and Sony. Over its first 24-hour run on November 28, 2013, more than 1.2 million people visited the site, making it the single largest online shopping event in German-speaking countries. There has been growing interest for black Friday in Poland as well.

The counterpart of Black Friday in China is Singles’ Day or Guanggun Jie, literally: “Single Sticks’ Holiday” that is an entertainment festival famous among young Mainland Chinese people, to celebrate the fact that they are proud of being single. The date, November 11th (11/11), is chosen because the number “1” resembles an individual that is alone. This festival has become the largest offline and online shopping day in the world, with sales in Alibaba’s sites Tmall and Taobao at US$5.8 billion in 2013, US$9.3 billion in 2014, US$14.3 billion in 2015, US$17.8 billion in 2016, and over US$25.4 billion in 2017. JD.com also achieved a sales record of US$19.1 billion in 2017, while Lazada drums up US$123 million. During the festival, Alibaba set a world record for payment transactions, with its mobile wallet app Alipay processing 256,000 payment transactions per second, in 2017. A total of 1.48 billion transactions were processed by Alipay in the entire 24 hours, with delivery orders through Cainiao (Alibaba’s logistics affiliate) reaching close to 700 million, breaking 2016’s record.

Black friday is both the day after Thanksgiving and also the day before Cyber Monday. The term Cyber Monday, a neologism invented in 2005 by the National Retail Federation’s division Shop.org, refers to the Monday immediately following Black Friday based on a trend that retailers began to recognize in 2003 and 2004. Retailers noticed that many consumers, who were too busy to shop over the Thanksgiving weekend or did not find what they were looking for, shopped for bargains online that Monday from home or work. In 2010, Hitwise reported that: Thanksgiving weekend offered a strong start, especially as Black Friday sales continued to grow in popularity.

For the 2nd consecutive year, Black Friday was the highest day for retail traffic during the holiday season, followed by Thanksgiving and Cyber Monday. The highest year-over-year increases in visits took place on Cyber Monday and Black Friday with growth of 16% and 13%, respectively. In 2013, Cyber Monday online sales grew by 18% over the previous year, hitting a record $1.73 billion, with an average order value of $128. In 2014, Cyber Monday was the busiest day of the year with sales exceeding $2 billion in desktop online spending, up 17% from the previous year.

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Labor Day https://www.english-culture.com/labor-day/ Thu, 01 May 2025 06:02:53 +0000 https://www.english-culture.com/?p=152350 Labor Day, an article that explains the history, the major facts, the meaning, the celebrations and quotes to honor and recognize the American labor movement and the works and contributions of laborers …

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Labor day
Labor day quotes and history

Labor Day, an article that explains the history, the major facts, the meaning, the celebrations and quotes to honor and recognize the American labor movement and the works and contributions of laborers to the development and achievements of the United States.

Labor Day in New York and in the USA is a bit like the equivalent of our International Workers’ Day to be celebrated on May 1 of each year, a tradition that continues to this day in more than 60 countries. In America it is a national holiday which in the Big Apple brings folkloristic and festive events along the streets of the city . It is officially celebrated on the first Monday of September (Monday 2 September 2024), even if the celebration extends to the entire weekend preceding it, with the organization of various events and manifestations. The United Kingdom, on the other hand, commemorates labor on the first Monday of May, which does not necessarily fall on May 1. It is known as Early May Bank Holiday, and the day is widely observed, although it does not have the overt labor-themed narrative in other countries.

Our labour preserves us from three great evils – weariness, vice, and want.
Voltaire, Candide

The ceaseless labour of your life is to build the house of death.
Michel de Montaigne

He who works with his hands is a laborer. He who works with his hands and his head is a craftsman. He who works with his hands and his head and his heart is an artist.
Saint Francis of Assisi

I am opposing a social order in which it is possible for one man who does absolutely nothing that is useful to amass a fortune of hundreds of millions of dollars, while millions of men and women who work all the days of their lives secure barely enough for a wretched existence.
Eugene Debs

You count the waves. (Labour in vain.)
Proverb, (Latin)

To have one’s labour for one’s pains.
Proverb

The poor have to labour in the face of the majestic equality of the law, which forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread.
Anatole France

In vain our labours are, whatsoe’er they be, unless God gives the Benediction.
Robert Herrick

What needs my Shakespeare for his honoured bones, The labor of an age in pilèd stones, Or that his hallowed relics should be hid, Under a star-y-pointing pyramid?
Dear son of memory, great heir of fame, What need’st thou such weak witness of thy name?
John Milton

The gain in self-confidence of having accomplished a tiresome labour is immense.
Arnold Bennett

Every job from the heart is, ultimately, of equal value. The nurse injects the syringe; the writer slides the pen; the farmer plows the dirt; the comedian draws the laughter. Monetary income is the perfect deceiver of a man’s true worth.
Criss Jami

Enable every woman who can work to take her place on the labour front, under the principle of equal pay for equal work.
Mao Zedong

No man needs sympathy because he has to work, because he has a burden to carry. Far and away the best prize that life offers is the chance to work hard at work worth doing.
Theodore Roosevelt

Even in the meanest sorts of labor, the whole soul of a man is composed into a kind of real harmony the instant he sets himself to work.
Thomas Carlyle

Even in the meanest sorts of labor, the whole soul of a man is composed into a kind of real harmony the instant he sets himself to work.
Thomas Carlyle

We’ve no use for intellectuals in this outfit. What we need is chimpanzees. Let me give you a word of advice: never say a word to us about being intelligent. We will think for you, my friend. Don’t forget it.
Louis-Ferdinand Celine

The fruit derived from labor is the sweetest of all pleasures.
Luc De Clapiers

A man’s best friends are his ten fingers.
Robert Collyer

Labor is man’s greatest function. He is nothing, he can do nothing, he can achieve nothing, he can fulfill nothing, without working.
Orville Dewey

He that hath a trade hath an estate; He that hath a calling hath an office of profit and honor.
Benjamin Franklin

Labor is the source of all wealth and all culture.
Ferdinand Lassalle

Who will not suffer labor in this world, let him not be born.
John Florio

I tell you, sir, the only safeguard of order and discipline in the modern world is a standardized worker with interchangeable parts. That would solve the entire problem of management.
Jean Giraudoux

Excellence in any department can be attained only by the labor of a lifetime; it is not to be purchased at a lesser price.
Samuel Johnson

Labor is the curse of the world, and nobody can meddle with it without becoming proportionately brutalized.
Nathaniel Hawthorne

If a little labor, little are our gains. Man’s fortunes are according to his pains.
Robert Herrick

Labor is the instituted means for the methodical development of all our powers under the direction and control of the will.
Josiah Gilbert Holland

Life gives nothing to man without labor.
Horace

Every man is dishonest who lives upon the labor of others, no matter if he occupies a throne.
Robert Green Ingersoll

Take not from the mouth of labor the bread it has earned.
Thomas Jefferson

Labor, if it were not necessary for existence, would be indispensable for the happiness of man.
Samuel Johnson

Genius begins great works; labor alone finishes them.
Joseph Joubert

Syzygy, inexorable, pancreatic, phantasmagoria — anyone who can use those four words in one sentence will never have to do manual labor.
W.P. Kinsella

Precious gems are profoundly buried in the earth and can only be extracted at the expense of great labor.
Sri Anandamayi Ma

I believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living.
John D. Rockefeller

The miracle of the seed and the soil is not available by affirmation; it is only available by labor.
Jim Rohn

It is not, truly speaking, the labor that is divided, but the men divided into mere segments of men, broken into small fragments and crumbs of life, so that all the little piece of intelligence that is left in a man is not enough to make a pin, or a nail, but exhausts itself in making the point of a pin or the head of a nail.
John Ruskin

There is no real wealth but the labor of man.
Percy Bysshe Shelley

Labor is still, and ever will be, the inevitable price set upon everything which is valuable.
Samuel Smiles

If a man loves the labor of his trade apart from any question of success or fame, the Gods have called him.
Robert Louis Stevenson

The biggest labor problem is tomorrow.
Brigham Young

Labor Day, facts and quotes
Labor Day, facts and quotes

Labour Day (Labor Day in the United States) is an annual holiday to celebrate the achievements of workers. Labour Day has its origins in the labour union movement, specifically the eight-hour day movement, which advocated eight hours for work, eight hours for recreation, and eight hours for rest.

For most countries, Labour Day is synonymous with, or linked with, International Workers’ Day, which occurs on 1 May. For other countries, Labour Day is celebrated on a different date, often one with special significance for the labour movement in that country. Labour Day is a public holiday in many countries.

Labor Day is a federal holiday and falls on the first Monday of September every year. It was initially organized to celebrate labor unions and their contributions to the United States’ economy.

Labor Day is a public holiday. It is a day off for the general population, so all Government offices, organizations, and schools and most businesses are closed. Many cities, towns, and neighborhoods organize and hold public celebrations such as firework displays, picnics, and barbecues.

Labor Day 2020 will occur on Monday, September 7. Labor Day pays tribute to the contributions and achievements of American workers and is traditionally observed on the first Monday in September. It was created by the labor movement in the late 19th century and became a federal holiday in 1894. Labor Day weekend also symbolizes the end of summer for many Americans, and is celebrated with parties, street parades and athletic events.

Many residents take advantage of the long Labor Day weekend to take a last summer trip. Because of this, there may be traffic congestion on highways and at airports. Public transit systems do not usually operate on their regular timetables.

For students, Labor Day is the last chance to take a break before school starts again for the fall session. The American football season begins on or around Labor Day, and many teams play their first game of the season during the Labor Day weekend.

The first Labor Day was held in 1882, and its origins stem from the Central Labor Union’s desire to create a holiday for workers. It became a federal holiday in 1894.

Originally, it was intended that the day would be filled with a street parade to allow the public to appreciate the trade and labor organizations’ work. After the parade, a festival was to be held to amuse local workers and their families. In later years, prominent men and women had speeches. This is less common now but is sometimes seen in election years.

One of the reasons for choosing to celebrate this on the first Monday in September, and not on May 1, which is common in the rest of the world, was to add a holiday in the long gap between Independence Day in July and Thanksgiving in November.

In the late 1800s, at the height of the Industrial Revolution in the United States, the average American worked 12-hour days and seven-day weeks in order to eke out a basic living. Despite restrictions in some states, children as young as 5 or 6 toiled in mills, factories and mines across the country, earning a fraction of their adult counterparts’ wages.

Labor Day parades and celebrations
Labor Day parades and celebrations

People of all ages, particularly the very poor and recent immigrants, often faced extremely unsafe working conditions, with insufficient access to fresh air, sanitary facilities and breaks.

As manufacturing increasingly supplanted agriculture as the wellspring of American employment, labor unions, which had first appeared in the late 18th century, grew more prominent and vocal. They began organizing strikes and rallies to protest poor conditions and compel employers to renegotiate hours and pay.

Many of these events turned violent during this period, including the infamous Haymarket Riot of 1886, in which several Chicago policemen and workers were killed. Others gave rise to longstanding traditions: On September 5, 1882, 10,000 workers took unpaid time off to march from City Hall to Union Square in New York City, holding the first Labor Day parade in U.S. history.

The idea of a “workingmen’s holiday,” celebrated on the first Monday in September, caught on in other industrial centers across the country, and many states passed legislation recognizing it. Congress would not legalize the holiday until 12 years later, when a watershed moment in American labor history brought workers’ rights squarely into the public’s view. On May 11, 1894, employees of the Pullman Palace Car Company in Chicago went on strike to protest wage cuts and the firing of union representatives.

On June 26, the American Railroad Union, led by Eugene V. Debs, called for a boycott of all Pullman railway cars, crippling railroad traffic nationwide. To break the Pullman strike, the federal government dispatched troops to Chicago, unleashing a wave of riots that resulted in the deaths of more than a dozen workers.
Who Created Labor Day?

In the wake of this massive unrest and in an attempt to repair ties with American workers, Congress passed an act making Labor Day a legal holiday in the District of Columbia and the territories. On June 28, 1894, President Grover Cleveland signed it into law. More than a century later, the true founder of Labor Day has yet to be identified.

Many credit Peter J. McGuire, cofounder of the American Federation of Labor, while others have suggested that Matthew Maguire, a secretary of the Central Labor Union, first proposed the holiday.

Labor Day is still celebrated in cities and towns across the United States with parades, picnics, barbecues, fireworks displays and other public gatherings. For many Americans, particularly children and young adults, it represents the end of the summer and the start of the back-to-school season.

Labor Day is in good company since the Uniform Monday Holiday Act of 1968 changed several holidays to ensure they would always be observed on Mondays so that federal employees could have more three-day weekends, and so other holidays that always fall on Mondays include: Martin Luther King, Jr. Day, George Washington’s Birthday (or “President’s Day”); Memorial Day; Columbus Day.

Here are the major U.S. holidays. In some cases, businesses, government offices, and schools will be closed, and also the International Days list.

New Year’s Eve/New Year’s Day
MLK Jr. Day
President’s Day
Valentine’s Day
St. Patrick’s Day
Easter/Spring Break
Mother’s Day
Memorial Day
Father’s Day
4th of July
Labor Day
Halloween
Thanksgiving
Christmas Eve
Christmas Day
International Days List


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Best trading practices https://www.english-culture.com/best-trading-practices/ Thu, 03 Apr 2025 11:26:09 +0000 https://www.english-culture.com/?p=153796 Best trading practices, some good advice and tips to create you own trading plan in order to trade well and in a profitable way, without losing money. What’s more don’t forget to …

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Best trading practices
Best trading practices

Best trading practices, some good advice and tips to create you own trading plan in order to trade well and in a profitable way, without losing money. What’s more don’t forget to visit our main page on Finance and trading, a rich space with quotes, news, advices, tips, analysis, links, videos and many resources by Carl William Brown and the English-culture blog.

It pays to write down your plan. You need to know exactly under what conditions you will enter and exit a trade. Do not make decisions on the spur of the moment, when you are vulnerable to being sucked into the crowd. Plans are created by reasoning individuals. Impulsive trades are made by sweaty group members.
Alexander Elder

Here is a summary of what we consider to be essential for a good trading plan:

1) The Executive Summary. This is usually the last section written. It reviews all of the material of the plan and presents it in summary form. It should describe in detail the objective of the plan and then briefly describe, without a lot of detail, how the objectives will be achieved.

2) A Business Description. The business description should include the mission of the business, an overview of the business and its history, the products and services you provide (which is growth of capital and risk control as a trader), your operations, operational considerations such as equipment needed and site location, and your organization and management of employees (if any). All of these topics are fairly self-explanatory, but you should take the time to write them out as part of your plan.

3) An Industry Overview and Competition. In the industry overview you need to look at the factors influencing the market. For example, Ed Yardeni in his web site lists ten major factors influencing the market. These include a globally competitive economy, a revolution in innovation, wireless access to the Internet, low tech companies having access to high tech tools and changing their businesses as a result, the need to outsource to increase productivity, and many other themes. See www.yardeni.com for more information. In addition, you also need to know who/what your competition is. Who are you trading against? What are their beliefs? What advantages do they have that you don’t? What advantages do you have that they don’t?

4) Self-Knowledge Section: You need to know your strengths and your weaknesses and list them in this section. You need to know how to capitalize on your strengths and avoid (or overcome) your weaknesses.

5) Your Trading Plan Itself. The tactical trading plan should be a part of your trading plan, but it should also include (a) your trading beliefs that form the basis of your plan, (b) any strategic alliances you may have, and (c) what you plan to do in terms of education and coaching.

6) Your Trading Edges: I believe your trading plan should also include a listing of all of the trading edges that you have in the market. When you list your edges, you can review them often and be sure that you capitalize upon them. For example, your edges might include a) the fact that you don’t have to trade, b) your understanding of R-multiples and position sizing (which give people a huge edge over those who have no idea about these concepts), c) your ability to read a level II screen to get excellent stock trades, d) your sources of information, e) your ability to plan well in advance so that you have a game plan each day, f) your skill in following the ten tasks of trading, g) your knowledge of yourself and your strengths and weaknesses. This is just a sample of the possible edges that you might have over the average trader/investor.

Trading strategies
Trading strategies

7) Financial Information. This section should include three parts. The first part is your budget. How much money do you have? What will the trading process cost you? The second part will be your cash flow statement. Does your plan make sense in terms of cash flow? And finally, the third part will include profit and loss statements. If you have no trading record, you need to make estimates based on historical testing and based on paper trading.

8) Worst Case Contingency Planning. Things always happen that you have not accounted for or planned for in your trading plan. How will you deal with these elements? What will you do if any of these things come up? How will you make decisions when these elements come up?
Van K. Tharp, Ph.D.

Risk Below 5% of Equity Per Trade

I intend to risk below 5% on a trade, allowing for poor executions. Occasionally I have taken losses
above that amount when major news caused a thin market to jump through my stops.
Risk no more than you can afford to lose, and also risk enough so that a win is meaningful. If there is no such amount, don’t play.

Speculate with less than 10% of your liquid net worth. Risk less than 1% of your speculative account on a trade. This tends to keep the fluctuations in the trading account small, relative to net worth. This is essential as large fluctuations can engage Fred and lead to feeling-justifying drama.
Betting more boldly produces more volatility. Good traders are familiar with both and keep their trading well within their tolerances.

I use a rule of thumb that you place less than 10% of your liquid net worth at risk and that you stop your losses at 50% of that – so you have net exposure of 5% of your liquid net worth. If you have a net worth of 1.5 million, you might have liquid net worth (cash, stocks, bonds, etc) of, say, about 500,000 (a wild guess). Then you might place $50,000 of that at risk and cut your loss if you lose $25,000.
The idea is to keep the venture below your threshold of financial importance, so nominal ups and downs do not trigger your emotional uncle point and motivate you to abandon the venture during drawdowns.
ED Sykota

7 dirty words of trading.

Be careful how you use the following words and phrases as they become road blocks or worse take you down the wrong path.

Should- Phrases include: “The market should have” and “I should have”. Those phrases are often used to socialize losses. They are a strong signal something is off. They should be used to aid you in correcting your vision not make you feel better.

Best trading practices
Best trading practices

Must- Phrases include: “The market must…”, “I must make money”, or “I must trade”. The market does not have to do anything and either do you. When you use the word “must” it is hardly ever from a position of strength. The market knows when you are desperate and will take full advantage of you. Keeping your expenses as low as possible will make it easier to not make those statements.

Will- Phrases include: “The market will..” and “I will make money”. Once again the market does not like to be told what to do. It is the bratty kid screaming at the tops of his lungs. The word “will” relaxes your mind, similar to “should”, people use it to be lazy instead of a black background in an otherwise light picture. You can do everything right and still lose money. That is why trading is so effective at diminishing confidence. In most every activity, if you do everything right you are going to get the desired result. Doing the “right” things is bare minimum. Of course, over time you will get paid for doing the right things but it is never when you think it should be and hardly how much you anticipated.

Won’t- Phrases include: “The market won’t…” or “I won’t make money”. Notice a theme here? You are part of the market, you are not the market. Not getting what you expect, even if it is positive, confuses the brain. If you expect to lose and don’t it is still a bad outcome. The market is a one way walkie talkie, you listen, it talks.

Can’t- Phrases include: “The market can’t..” or “I can’t…” or “I can’t lose anymore”. Yes the market can, go look at a chart. Go look at a Fed day or about any chart from 2008. Not only can it happen, it does happen. There are no more once in a lifetime moves in the market. There are and always have been life changing moves. No one ever said trading was easy but at least in the case of futures someone is taking your money. If you think you can’t, you probably wont. The market will take every penny you have. If can take every penny you put at risk. Fix the problem, when you run out of money it is too late.

Impossible – Phrase includes: “It is impossible to make money”. Once again someone, somewhere is making money. It may not end up being an efficient use of your time or capital but it is possible. You are substituting an excuse for execution.

Sense – Phrase includes: “The market does not make sense”. Many fortunes are made in an illogical market. Logic is a bigger driver than risk controls for most people. It is easier to ignore your P/L when you can see or touch the catalysis. For example, it is cold buy natural gas. By the time you change your view or are forced to change, the market flips. Logic will eventually prevail, with or without you.
Eli Radke

“Buffett, already an extraordinarily successful investor, came to Berkshire uniquely prepared for allocating capital. Most CEOs are limited by prior experience to investment opportunities within their own industry – they are hedgehogs. Buffett, in contrast, by virtue of his prior experience evaluating investments in a wide variety of securities and industries, was a classic fox and had the advantage of choosing from a much wider menu of allocation options, including the purchase of private companies and publicly traded stocks… Buffett does not spend significant time on traditional due diligence and arrives at deals with extraordinary speed, often within a few days of first contact. He never visits operating facilities and rarely meets with management before deciding on an acquisition.”

Trading best technology
Trading best technology

– excerpt from “The Outsiders: Eight Unconventional CEOs,” via Seeking Wisdom
As the saying goes, the fox knows many things while the hedgehog knows one thing. The hedgehog trait is typically emphasized as superior – the ability to stick to one’s knitting, stay focused, and otherwise not be distracted.

So I was surprised to see great CEOs and capital allocators (like Buffett) classified as foxes rather than hedgehogs. But on reflection it makes perfect sense. The best CEOs – and the best traders in our opinion – are “patient foxes:” They possess the ability to see many things, but the patience to only do a few things. This is a rare combination of traits in a single individual. Usually you find one (wide-ranging opportunity awareness) or the other (ample patience), but not an intertwining of both.

Poker is instructive here too. In the poker room you will find many “hyperactive foxes” – players with all kinds of angles and moves, constantly put in play – and stone-cold “rocks,” i.e. guys with dust on their chips who only play super-premium hands.

Both of these extremes have deep embedded weaknesses. The hyperactive fox burns up his chips on rake, tokes, excessive volatility, and dubious EV slippage as a result of chasing too many marginal opportunities. The rock, meanwhile, fails to exploit a wide enough array of opportunities to justify the seat. (The conventional rock strategy is always long-run unprofitable, by the way — it doesn’t cover the vig.) The “patient fox,” though, has the ability to wait – demonstrating vigilant inaction – while acting skillfully and forcefully in the right windows.

Are you a “patient fox” in your trading? How about in your business if you run one, or career if you have one? Would working to become more so improve your results?
JS

Best Practices in Trading: Developing a Framework for Good Trading

Too many traders justify poor trading and overtrading by appealing to “intuition”. There’s no question that intuition and implicit learning are cornerstones of pattern recognition. That doesn’t mean, however, that any trade one feels like putting on is a good trade! Intuition is the result of extensive exposure to a field. Without prolonged immersion and study, there is no building of pattern recognition skills.

An effective way of ensuring that your trading truly represents sound trading is to construct a framework for your good trades that captures their essential elements. Today’s best practice comes from reader Awais Bokhari, the co-founder and CEO of the OpenTrader training program and the eminiplayer trading site. Awais has been involved in training over 1000 traders, so he has worthwhile insights into the building of trading skills. He describes the trading framework he employs to aid execution and screen for valid trade ideas:

Good trading practices
Good trading practices

“After working with numerous traders, one common challenge I’ve noticed is that even after they have developed a solid understanding of the market and its mechanics, they still struggle with trade execution, and can’t objectively determine the quality of a trade setup in real time. So, even after they’ve developed a good trade plan, they’re unable to execute that plan in real time.

To improve execution, I provide our students with an Execution Framework and teach them The Anatomy of a Valid Trade Idea. The concept here is to break down the trading methodology/strategy and determine the common components that are at the base of every good setup. We then track those components in a trade journal/spreadsheet with simple Yes/No values. It’s important that we’re able to measure and track each component objectively. This means we can’t include or track anything that relies on intuition.
For our discretionary trading methodology, we follow four key components that make up a valid trade idea:

1. Good Trade Location: For a majority of trade setups, trade location is going to be important. In many situations, trade location alone can be enough of a reason to enter a trade. To make this an objective determination, you simply answer whether you took the trade at a predetermined support/resistance zone.

2. Intraday Control/Bias (short term directional bias): We can assess which side is in control on the day time frame by seeing where the market is trading in relation to the first hour high/low, midpoint, VWAP, VPOC (volume point of control), overnight high/low, and previous day’s high/low. Trades in the direction of the intraday control have a higher probability of reaching their profit targets. When entering a trade that is counter to the intraday control, you should be more conservative with your trade location.

3. Momentum: We gauge momentum by monitoring the NYSE TICK in conjunction with price action. Trades in the direction of momentum have a higher probability of reaching their profit targets. When entering a trade that is counter to momentum, you should generally be more conservative with your trade location.

4. Larger Time Frame Control/Bias (trend): For the purpose of day trading, we assess the larger time frame control based on the 30-minute and daily charts. Trades in the direction of the larger time frame have a higher probability of reaching their profit targets. And, again, trades that are counter to the larger time frame/trend should usually be taken at more conservative trade location.

Confluence: These four key components make up a valid trade idea. The more of these you stack in your favor, the higher the odds of the setup working out. As a rule, at least two of these components should be in your favor on every trade.

Reward-to-Risk: R/R is used as a filter and is a prerequisite to entering any trade. Because R/R is subjective and every single trade must meet our minimum R/R criterion of 2:1, R/R can never be used as the only reason to enter a trade. It is necessary, but not sufficient on its own.

We’ve found that this execution framework allows our traders to be more objective and quickly determine the quality of a trade setup in real time. Another benefit is that it allows the trader to objective assess trades at the the end of the day.”
Brett Steenbarger


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Carl William Brown Quotations (Part 8) https://www.english-culture.com/carl-william-brown-quotations-part-8/ Wed, 23 Oct 2024 15:45:15 +0000 https://www.english-culture.com/?p=531 Carl William Brown Quotations Part 8, various quotes, ideas, opinions, thoughts, aphorisms and wits, by Carl William Brown, the Daimon Club literary avenger, founder of the Daimonology new didactic philosophy. Be very …

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Carl William Brown aphorisms and quotations
Carl William Brown aphorisms and quotations

Carl William Brown Quotations Part 8, various quotes, ideas, opinions, thoughts, aphorisms and wits, by Carl William Brown, the Daimon Club literary avenger, founder of the Daimonology new didactic philosophy.

Be very careful to go against the trend, wait till the last, and try to buy at the lowest or more convenient price, then wait again, nine out of ten it will bounce! Don’t sell too early, don’t panic, even if you are losing money don’t be too nervous, keep calm! Be extremely cautious, and skillful, it’s a fight, and if you are not a professional, you are barehanded while your enemies are very well armed. This is one of the trading secret!
Carl William Brown

A good theory is the best practice.
Carl William Brown

I prefer to remember and honour the dead than to please the living.
Carl William Brown

If you make a wrong trading action, you will be wounded, no matter how much you lose, in any case be careful not to be injured to death!
Carl William Brown

Daimonology is aware that known things are far inferior to unknown ones and therefore believes that man’s goal can only be that of continuous research and continuous struggle. Daimonology therefore humbly pursues learned ignorance, the knowledge of self, others, power, and the universe.
Carl William Brown

In my humble opinion I would recommend everyone who is not a professional to be extremely careful not to lose more than a modest 0.5/0.8 % of the available global capital for a single wrong trading action!
Carl William Brown

A good trader must avoid message boards and professional news makers, politicians or opinion leaders like the plague, and just get a bit of fun fucking pumpers and dumpers and all the other fraudsters!
Carl William Brown

I don’t follow any particular politician, but I am interested in stupidity, so I am always well informed!
Carl William Brown

Unfortunately, the constant thought of death has bothered me all my life.
Carl William Brown

You shouldn’t need a stupid mass of people to confirm your value, your confidence must come from within.
Carl William Brown

Sometimes Bad News Is Good News! Buy Low and Sell High!
Carl William Brown

Sometimes a few lines of an author are worth more than whole libraries.
Carl William Brown Via Voltaire

Every stupid government should be swept away using all kind of strategy including the terrorist one.
Carl William Brown

The real hero must fail in order to succeed.
Carl William Brown

All art is political, all art is a martial one.
Carl William Brown

Life is a mystery; Love is a mystery; Stupidity is a mystery; God is a mystery; Death is a mystery; hey, wait a second, but I don’t like mysteries.
Carl William Brown

I don’t even like what I like, but never mind!
Carl William Brown

What are our memories if not the desires to go away from here!
Carl William Brown

Our memories are nothing but the impossible desire to go away from here!
Carl William Brown

The human species, like life in general, is nothing but a chaotic, superfluous and ridiculous entropic exercise of the insipid and insensitive matter of a vile and absurd universe without sense.
Carl William Brown

If it were not for death to spur us, all our art, poetry, but above all science and philosophy would certainly be much more insignificant.
Carl William Brown

Mon Dieu, we are getting old, we must stop and go backwards!
Carl William Brown

Life and art are nothing but associations of ideas and sorrows that nourish our illusory quest for happiness spring.
Carl William Brown

Life and art are nothing but associations of ideas and sorrows that nourish our illusory quest for the happiness Graal.
Carl William Brown

The real hero must fail in order to succeed.
Carl William Brown

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The post Carl William Brown Quotations (Part 8) first appeared on The World of English.]]>
Quotes on publicity by Carl William Brown https://www.english-culture.com/quotes-on-publicity-by-carl-william-brown/ Wed, 23 Oct 2024 12:57:02 +0000 https://www.english-culture.com/?p=161075 Quotes on publicity by Carl William Brown, aphorisms, ideas, thoughts and short witty criticisms about advertising and its devastating role in the media business. Every age has its own crazy laws that …

The post Quotes on publicity by Carl William Brown first appeared on The World of English.]]>
Quotes on publicity by Carl William Brown
Quotes on publicity by Carl William Brown

Quotes on publicity by Carl William Brown, aphorisms, ideas, thoughts and short witty criticisms about advertising and its devastating role in the media business.

Every age has its own crazy laws that govern society; nowadays one of these is the law of the market.
Carl William Brown

The fair value of a product should be determined by the market, that is, by supply and demand; but what happens if the market is stupid, corrupt, vain and shamelessly polluted.
Carl William Brown

Google’s algorithms and artificial intelligence allow them to have control over their advertising circuits, and increasingly also over the people who use them.
Carl William Brown

Since television programs have become so stupid and insipid, advertising has also made great strides.
Carl William Brown

Advertising is very useful, in fact when I see an advertisement for a product, I know I must not buy it.
Carl William Brown

Advertising makes products cost twice their intrinsic value and then allows a bunch of imbeciles to split the profit.
Carl William Brown

If iteration is the basis of poetic discourse, then advertising is certainly the poetry of stupidity.
Carl William Brown

Hyperbole, exaggeration, idiocy, falsehood, banality, stupidity, all this constitutes the language of advertising.
Carl William Brown

Teva pharmaceutical
Teva pharmaceutical

The free market system thanks to enlightened capitalists reduces you to misery, while the consumerist system thanks to its illusory advertising invites you to spend more and more.
Carl William Brown

Advertising is a symphony of messages, it is a world of dreams, it is the art of communication, yes, it is the art of transmitting nonsense.
Carl William Brown

Advertising certainly increases crime, therefore it is certainly criminal, execute them!
Carl William Brown

Either advertising wants to make people stupid, or it already considers them stupid, otherwise it would not be so stupid.
Carl William Brown

The rules of the free market allow one to enrich oneself freely and therefore preclude the way for any rule.
Carl William Brown

This website is proudly free of ads, listings, cookies and other propaganda, so you can visit it without any hassle or worry.
Carl William Brown

I wonder why they never advertise excrement, but pooping is good for you.
Carl William Brown

Some pseudo-independent entities of the Italian alternative cultural scene do not like advertising, perhaps because they consider it dirty. Instead, the money they collect at their parties where alcohol and drugs flow freely, and the funding they receive from the various administrators on duty, appear to be, in their opinion, clearly cleaner.
Carl William Brown

Just as I am not interested in television advertising, but I watch it, so I do the same with Internet ads, I am not interested in them, but I click on them, so someone makes money, and I get what I donated.
Carl William Brown

War graveyards. The dead in war are nothing but advertisements to enrich the funereal marketing of world stupidity.
Carl William Brown

Carl William Brown quotes on advertising
Carl William Brown quotes on advertising

By now, shopping tips have even reached school books, so I too will need some advertising, and what better for a book that incites revolt than a nice sponsorship of an arms factory.
Carl William Brown

Unfortunately, in the coming years, advertising can only improve, in fact it could hardly become more stupid than it is; those in the sector, however, do not despair. Spes Ultima Dea
Carl William Brown

Advertising is a symphony of messages, it is a world of dreams, it is the art of communication; yes, it is the art of transmitting nonsense.
Carl William Brown

The church prays for us, industrialists produce for us, the mass media inform and entertain us, advertising stimulates us, politicians administer us, banks preserve our savings, law enforcement protects us, schools educate us… and then we complain!
Carl William Brown

Enlightened capitalists first reduce you to poverty and then, thanks to advertising, invite you to consume more and more.
Carl William Brown

I would kindly like to tell all those professional and non-professional sites that inundate you with advertising, that require email, registration, subscription, and so on and so forth to go to hell. You must die, you idiots!
Carl William Brown

Since the world is so keen on worshipping its imbecility and propagating its stupidity, I don’t see why those who try to fight it shouldn’t advertise themselves a little to achieve at least a minimum of popularity.
Carl William Brown

The main purpose of advertising is to develop from an early age the faith that leads to accepting the authority of stupidity.
Carl William Brown

Google, thanks to its intelligent algorithms, claims to control the improper use of advertising, but at the same time it is perhaps still very far from limiting the chaotic stupidity of the world.
Carl William Brown

Advertising is certainly one of the most powerful socializing forces in culture and it sells not only products, but also images, values, aspirations, illusions, ideas, concepts, ambitions, vanity and a lot of
stupidity.
Carl William Brown

Quotes about publicity
Quotes about publicity

Advertising could also be considered in a certain way as a form of coercion, of corrupting information, in short a form of abuse of popular credulity.
Carl William Brown

An Italian female writer said that 99% of advertising makes you want to vomit, it’s disgusting. I assume therefore that the same goes for the advertisments of her books.
Carl William Brown

Of course the world is increasingly full of idiocies, think that some companies first pollute and destroy nature, then to advertise themselves they finance the WWF and the environmental league.
Carl William Brown

The world is always improving, for example, once rich patrons paid artists to help them in their work; today the rich help advertising.
Carl William Brown

Religion and advertising are the souls of commerce, only that in religion at least something good is there.
Carl William Brown

Modern education represents the dominant culture, the pedagogy of the spot to spread the winning philosophy of advertising.
Carl William Brown

The poor, through the license fee or advertising, pay for television to watch the rich having fun.
Carl William Brown

Advertising may be the soul of commerce, but when it’s on I change the channel, immediately.
Carl William Brown

Social media and advertising are great for probing and studying the nefarious stupidity of the global market of humanity.
Carl William Brown

Only a few can freely enrich themselves on the free market, for the multitude free competition only means the freedom to end up in poverty.
Carl William Brown

Carl William Brown on Ko-fi
Carl William Brown on Ko-fi

Let’s not forget that behind the artificial intelligence of the big companies that profit from advertising, there is always the humanoid imbecility of their managers and shareholders.
Carl William Brown

It is not true that advertising is the soul of commerce; weapons, for example, are not advertised anywhere, yet they sell very well.
Carl William Brown

Advertising is a sign of current events, its signifier is attractive, its meaning is devastating. Advertising is a sign, it is a sign of stupidity.
Carl William Brown

But do you know that certain philosophers of language, certain semiologists, who pose as committed intellectuals, criticize advertising and the world of hidden persuaders so much and then earn hundreds of millions working for famous advertising agencies.
Carl William Brown

With Plato we could also say that beauty is also good, but not vice versa; in fact, take an ugly woman or an ugly man who behaves well, could we still say that they are beautiful? And if so, we could perhaps hope to make them work in TV, cinema, fashion or advertising business.
Carl William Brown

As man began to doubt the traditional deities, it was necessary to create new idols, as has always happened throughout history. And so the stars of cinema, television, advertising, and fashion were born.
Carl William Brown

The stupidity of modern television news and its journalists, unaware sycophants of the powerful consumer society dominated by advertising and ideologically consecrated by the law of the market, justifies all the crimes that have been perpetrated and that will be committed in the future, and is therefore perfectly legitimate.
Carl William Brown

Even though I have been advertising books for years, as a teacher, I have never received a penny from this noble promotion, and then any idiot who is the testimonial of any stupid product on TV is capable of earning a gret lot of money, which is regularly and unknowingly paid by consumers at the time of their purchases.
Carl William Brown

André Breton, one of the fathers of surrealism, said that by going in and out of several movie theaters, he eventually understood more than by following a single movie. Even today, with zapping, with Blob, with Tik Tok and the Internet, with advertising, everything is fragmented, deconstructed, dissected and finally stupidity also has its great surrealist moment.
Carl William Brown


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