Answers - Finance

How many books have you read about successful traders? How they did this or that and made a fortune and are still doing it. You s

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

ay to yourself, “I’m going to follow his method and get rich”.

So you subscribe to his newsletter (they all have one, $250) and

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

buy his course on CD Rom ($495)and next time he is anywhere near you attend his seminar with a $500 discount for only $2495. You

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

do understand you must do exactly as he does and you try your best to follow the directions, but for some reason you still are no

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

t making money. At least you are not losing as much as you did before (I hope).

Go look in the mirror. You are not Richard Russe

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ll, Richard Wyckoff, Bill O’Neil or any one of the great gurus of the market place. Each one of them has devoted every minute of

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

his life to understanding the market. Each one is very successful and each one has a completely different way of approaching trad

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

ng. Can you copy any one of them? It is very doubtful.

These great teachers can help you, but you have to develop your own metho

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

d and style of investment. Whether it is long term or short term it must be something with which you resonate. When I was a floor

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

trader there were a thousand guys trading and I know there were a thousand different guide lines. No one had the same buy or sel

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

l signal. If they all followed a pat program they would all be buying and selling at the same time so it could not work.

I have

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

stood in the pit and watched the same person offer to buy and when there was no seller he would then offer to sell usually at the

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

same price. Yes, he was scalping for one or 2 ticks, but he knew what he was doing even if it looked strange. A friend of mine c

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

ould arbitrage by standing in the middle of the gold pit and hit buys and sells that were off by one or two ticks because they co

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ld not hear each other due to the noise of other traders who were shouting their offers.

You can look at the basic trading style

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

of one of the “greats”, but you must adapt it to your method. I have not seen anyone able to successfully copy a trading program

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

exactly. You will improvise and find a slightly new approach that becomes “yours”. It then becomes part of your cellular being.

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

It works for you and probably won’t work for anyone else.

If the programs the hype masters are selling work so well why aren’t t

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

here more rich traders? And if the programs are so darn good why are they telling you?

To be a successful trader you can’t copy

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

cat an existing program, but you can take a basic trading vehicle and modify it your own plan. Turn that cat into your own tiger

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.answers.org.ua/article/104635/answers-Copy-Cat-or-How-to-Use-a-Successful-Trading-System.html">Copy Cat or How to Use a Successful Trading System</a>

BB link (for phorums):
[url=http://www.answers.org.ua/article/104635/answers-Copy-Cat-or-How-to-Use-a-Successful-Trading-System.html]Copy Cat or How to Use a Successful Trading System[/url]

What's the best way to go about teaching English in Japan? The good news is that there are quite a few. Some of them even offer you a free plane ticket! Here we go...

Resumes are like a calling card or a business card. They should be clear, concise and at the same time be able to tickle the curiousity of the hiring manager or the person screening the resumes. Pages should vary depending on the role and experience of the candidate. eg. An Entry level position might warrant a 2 page version whereas a Vice President's resume might be as long as 4-6 pages.

Human Resource Managers across America are looking for ways to not only control the rising cost of health insurance, but also decrease the burdensome expense of employee turnover and its impact on productivity. Lets take a look at the root of the problem, and see what can be done about it!

Tags

Links

Answers - Copy Cat or How to Use a Successful Trading System

Related Articles: