Biz Bits

The latest essential buys for business travelers

A RECYCLED BAG

Black Satchel
www.zanisa.com • $65

This stylish briefcase is made by grinding up scraps of waste leather with a small amount of natural rubber, which is then compressed into new, regenerated leather. The result? A durable bag that is made from material that would have otherwise gone to landfills.

BATTERY OPERATED

HYmini
www.hymini.com • $50

The HYmini captures energy from wind and solar power (mount it on your bike!) and even conventional wall outlets, which can then be used to recharge your cell phone, MP3 player, PDA, digital camera or other 5V devices.

Solio Hybrid 1000
www.solio.com • $80

Just one hour of sunshine can provide users with 15 minutes of talk time or 40 minutes of music on an MP3 player.

This hybrid unit has internal rechargeable batteries that can store power for up to one year.

USBCELL
www.usbcell.com • $17.50 for two cell pack

These eco-friendly AAs can be used just like normal batteries, but instead of tossing them in the trash when the energy has been sucked out, they can be recharged by simply plugging them into a USB port.

A RECYCLED BAG	HYmini
Solio Hybrid 1000	USBCELL

TRADE YOUR WAY TO SUCCESS

Part of E*TRADE Financial’s exclusive education provider for its five million accounts worldwide, AJ Monte and Rick Swope have put their knowledge of the stock market on paper for all to see in The Market Guys’ Five Points for Trading Success (Wiley Business, $36). The “Keep it Super Simple”—or KISS—strategy was developed to keep traders focused on issues that really matter when it comes to making money in today’s market. Both veterans of the industry, Monte and Swope address other issues, such as the emotional and psychological aspects of trading, how to find the right broker and more. Here are the basics:

1. IDENTIFY THE TREND

Follow the money trail. If you’re going to buy stock, be sure it is in a well-established uptrend. Put your money where the money is going. You don’t have enough money to turn the market around, so don’t try to buy into the downtrend. Go with the flow.

2. PINPOINT SUPPORT

For a long stock position, establish a clear support level. This is the level where the buyers step in after a period of selling and push the stock back up. Identifying this price level is critical because it will help you identify when you are wrong and you need to exit the position. Trading without a clearly defined support level will leave you blind in your risk management.

3. STRIKE WITH THE BUYERS

Wait for the pivot point, which is created when an uptrending stock has pulled back to support and then started a new leg upward. It looks like a “V” on the line chart. The left side of the “V” is the pullback down to support. The right side of the “V” is formed when buyers step back in and rally the stock off support. Even though the stock is in an overall uptrend, the rule is to buy with the buyers.

4. PROTECT YOUR POSITION

The 1% Rule is your guideline for deliberately and specifically managing risk. Limit your loss on any given trade to 1% of your trading account. This is accomplished by identifying your risk per share based on the support identified and then tying into your position size. By trading the right position size and exiting the trade when support is broken, you are able to limit a single trade loss to 1% of your trading account value.

5. ACT FOR RESULTS

Taking action involves two steps: Actually executing the trade and then recognizing that your wealth has a purpose. Don’t be afraid to take some risk and be ready to reap the rewards. When you’ve achieved success, change your world.

START-UP SCHOOLS

These five graduate schools made it to the top of Entrepreneur.com’s list of the best places to fine-tune your entrepreneurial skills.