Category Archives: Investors

The Secret to Stream Energy’s Success

Digital Age consumers are different from their counterparts who existed some years back. They demand more than quality services or products from businesses. Corporate social responsibility and philanthropy are just but a few aspects that modern consumers demand from businesses. The success of a modern business depends, among other things, on attention accorded to consumers and everything they deem important.

As a startup, Stream Energy incorporated philanthropy into its business model. With less than 13 years of existence, the Dallas-based firm has burgeoned, currently boasting of operations across America. The firm’s energy services are available in seven states and other services—wireless, protective, and home—are accessible to consumers nationwide. Stream Energy has accumulated over $8 billion in revenues since its inception.

Stream Energy is not about to forget what propelled it to be among the leading direct selling companies; The firm is more involved in philanthropy now more than ever. In fact, it recently launched Stream Cares to spearhead all its philanthropic endeavors.

Some recent instances that Stream Energy demonstrated a caring heart include contributing towards helping Hurricane Harvey victims, sponsoring homeless children to be part of annual Splash for Hope, and treating the less fortunate Dallas-area veterans and their families to an opulent lunch. In all these instances, Stream Energy worked alongside its associates and other organizations, such as the American Red Cross, Salvation Army, Habitat for Humanity, and Hope Supply Co.

Stream Energy’s associates are central to the firm’s business model. They sell the company’s services, earning commissions, salaries, bonuses, and other rewards based on the number of new clients or associates they persuade to be part of Stream. It is for this reason that Stream values its associates and their endeavors. Whenever Stream’s associates set out on a philanthropic cause, the company backs them by doubling up their contributions or matching their donations to a certain maximum.

During Hurricane Harvey, for instance, a crowdfunding campaign was initiated to help Stream’s associates in the affected areas. Stream matched all the contributions to the campaign up to $25,000.

Learn From Someone Who Knows

Greg Secker is trying to make people understand that if you use some tools, work on your timing, and do not hang on to a stock for too long, that you, too, can make money trading. There are a few problems that plague individual investors. First, they remember reversals-of-fortune way better than they remember successes, and this leads to a sort of trading paralysis where they don’t want to sell a stock when it is not performing as they expected it to, and secondly, they don’t want to sell a stock that is performing well as they think it will keep on performing well. Mr. Secker likely knows this and he also knows if investors are not coached into taking modest profits, rather than expecting trees to grow straight to the sky, they will fail to adhere to the principles of timing when trading.

Mr. Greg Secker has designed a course that teaches those interested in stocks how to efficaciously trade and these courses are offered under the aegis of his TradersUniversity. The course is broken into 4 sections and is delivered in a seminar-style format. The 4 main topics covered are fundamentals, technical analysis, trading psychology and money management. Trading psychology is likely the one that most investors would need to pay close attention to because more often than not, the failure amongst individual traders is in not pulling the trigger to sell when they should. They should either sell enough to take profit and let the principle ride, or they should sell out the entire position when the profit they wanted to make is reached.

Having a goal in mind as to what kind of profit you are interested in making when you buy into a position that is intended for trading dollars is very important. Making sure you sell when that happens is equally important, yet most people cannot sell if a stock is performing well. They are convinced it is going higher and they fail to make a move when they should. This leaves them feeling a sense of recrimination when a stock pulls back and they have failed to take the profit when the goal is reached. No one knows where a stock is going next, so this is why it is crucially important to follow the direction of someone like Greg Secker who will ultimately teach people how to acknowledge they have no clue what is happening next with a stock, so it crucial to sell in a timely manner.