Many people will lose money in the stock market and go on a blaming streak. They blame the market for being volatile, they blame the government for raising or lowering interest rates, or they even blame their friends for giving them hot stock tips.
For the amateur trader nothing is ever their fault. Something outside of his control made him lose money on his last trade. If they buy a stock and the market crashes it isn't their fault. After all he did what he believed was the right thing to do.
The professional trader thinks a little different. Everything that goes wrong is his fault. If he places a trade and loses money he takes the blame and looks to see what HE did wrong. They should have been prepared just in case the market crashes.
Funny how that works, trading armatures never make mistakes but professionals (the ones making money in the market) make mistakes all the time. At least that is how they perceive it. The Real benefit of accepting loss as a bad decision is it leads to growth.
When you blame others you assume that it was not your fault, so you do not need to improve on anything. When you take responsibility for your losses you tend to want to fix the mistakes you have made. You want to look back and see what you did wrong so that you will not make the same mistakes in the future.
The first question someone who lost money should ask is. Did I follow my rules? If not how can I make it so I follow my rules more closely in the future? Maybe you have to become stricter when following your investment plan. If you were following your rules and you still lost money then you should look at your rules.
What is the weakness of your trading strategy? (Every strategy has one). How can you improve it, how can you make it so you don't lose money again in the future? Accepting the blame and attempting to fix the problem when something bad happens is the only way to enjoy long lasting success as a trader.
We always hear that Google has a sophisticated system to detect the invalid clicks, and result in termination of the cheaters’ account. But, how can Google do that? In this post, I summarize those ways that Google depends on to detect whether the clicks on your site are invalid or not. Google will not first ban your account immediately. Rather, they will first flag your account and Google will keep a closer eye to your account. In some occasion, they may send you a warning letter to notify your situation; but sometimes not.
1. IP Address
It is the easist and must be recognized by everyone. If those clicks on your ads are originated from the same IP Address as the one used for accessing your AdSense account, your account is flagged.
2. Click Through Rate (CTR)
Normally, Click thru Rate should not excees 10%. Otherwise, Google will flag your account. For your information, normal CTR should ranges from 0.5% - 10%.
3. Physical Location
Google has good tracing software and technology.They can trace traffics origin down to the small town. So, using different computers with different IP address does not secure anything. So, don’t try to click your ads in various internet cafes. That will kill you.
4. Cookies
Most home users do not use static IP Address for Internet connection. In most cases just disconnect and reconnect will give you a new IP Address. But don’t forget, Google has set cookies on your computer. They can trace these cookies and see whether they originate from the same computer.
5. Click Pattern 1
It is also suspicious when people click on their clicks and then run away immediately (hit-and-run). But normally, people will surf for a while inside your pages and then click on the ads they want.
6. Click Pattern 2
why this computer / IP address / person is so trigger-click-happy on this particular website but never click on the ads on other sites?
7. Click Pattern 3
And why is it that people accessing these sites direct (type-in URL or from bookmark) tend to be very active ad-clickers compared with those referred from search engine or other sites?
8.Other Google Services
Apart from Google Adsense, Google also provide a series of services to us. Don’t just think that it is safe if you do not log in your adsense account and click on your ads. What other Google services do they provide to us? Here are some: Gmail (most poeple are using it), Google Earth, Google Calendar, Google Search, Google Toolbar, Google Talk, Google Sitemap, Google Desktop, Blogger, or even Youtube (coz Google has just recently acquired it).
10. Search Engine Ranking
Your website is not indexed on any search engine, not linked by any prominent website, but get consistently high traffic? How come people can access your website and click your ads? That will make Google to smell a rat.
11. Webpage design
How about the “Please click a link below” or “donate us by clicking the ads”? These kinds of encouragement is not in line with Google’s TOS. Google can use their winning search engine, or even human eyes to check your sites from time to time.
12. Advertisers conversion rate
Ad click is one thing. But does it bring value to the advertisers? If none of the clicks on your site translate to conversion to the advertiser, you are in trouble. First the Smart-Pricing hits, then your AdSense account disabled.
