University professors, art students and the festival’s selected artists participated in this event that kicked off on Tuesday, June 20 and finished the next day.
The festival was held by the recreational complex in cooperation with the Iranian Culture Ministry’s Directorate General for Visual Arts.
What follows are photos of the festival retrieved from various sources:
“Along with the US drone, there was also an American P-8 plane with 35 people on board,” Amir Ali Hajizadeh, the commander of the Aerospace Division of Iran’s Islamic Revolution Guards Corps (IRGC), told reporters on Friday.
“This plane also entered our airspace and we could have targeted it, but we did not because our purpose behind shooting down the American drone was to give a warning to terrorist American forces,” Hajizadeh added.
The IRGC announced on Thursday that its air defense force had shot down an intruding American spy drone in the country’s southern coastal province of Hormozgan.
The IRGC said in a statement that the US-made Global Hawk surveillance drone was brought down by its Air Force near the Kouh-e Mobarak region, which sits in the central district of Jask County, after the aircraft violated Iranian airspace.
The IRGC Aerospace Force on Friday released the first photos of the wreckage of the downed US spy drone.
It displayed parts of the doomed drone, refuting earlier claims by the US that the drone was flying over international waters, and had not violated the Iranian airspace.
Senior Spokesman for the Iranian Armed Forces Brigadier General Abolfazl Shekarchi said any military mistake by the US and its allies in the Middle East amounts to firing a bullet at a gunpowder depot that would set their interests ablaze.
“[if that happens,] the region, the United States, its interests and its allies will go up in flames,” said the spokesman in an interview with Tasnim News Agency.
He said the movements of the enemies, especially the US, are under the close watch of the Iranian military. The top general reiterated that Iran will never initiate a war, but will not stand idly by if the enemy commits an act of aggression against the country.
The senior spokesman underscored that Iran’s fundamental strategy is to create tranquility and stability, and reinforce security in the region.
“The Islamic Republic of Iran would like tranquility to take hold in the region unlike the United States and its allies, which seek to provoke tension and chaos in the region, and they just rock the boat to plunder the interests and riches of the region and Muslims,” he noted.
He said some regional rulers are betraying their own Muslims nations as well as the Muslim world by helping the United States achieve its objectives.
The spokesman said the US and its allies in the region and across the world have got bogged down in a quagmire due to their diabolical and hegemonic approach, and the more they try, the deeper down they go.
Elsewhere in his remarks, General Shekarchi said the US and its allies are not capable of waging a war, and they have tried to topple the Islamic Establishment of Iran by seeking to hold talks.
“However, the United States is not capable of ousting the Establishment of the Islamic Republic [of Iran] because it would have done so if it had the power to,” he said.
“Today, what Iran regards as the real threat and as deception of the world public opinion is the proposal to hold negotiations with the US, which has breached its promises, is arrogant and violates all international regulations,” he noted.
He underlined the US only pays attention to its own interests and looks at everybody around the world as its slaves.
In an interview with IRNA, Commander of the Islamic Revolution Guards Corps (IRGC) Aerospace Force Brigadier General Amir-Ali Hajizadeh referred to the downing of an American spy drone in the Iranian waters and said the US move to dispatch its spy drone to Iranian airspace stand against all international law.
“Iran’s Armed Forces downed it based on their legal responsibility to protect the country’s territorial integrity,” he added.
“Maybe it was some American generals or operators who conducted the violation. We don’t know but we know that the move stands in stark violation of all international aviation law,” he noted, adding that the drone received Iran’s natural response.
According to the Iranian commander, Iran will repeat its response if the aggression keeps going on.
“Over the past forty years, the Islamic Republic has always been targeted by the enemies and the eight-year war on Iran imposed by Iraq under Saddam is a prime example of such oppression against our country,” he said.
The top general said providing national security and protecting Iran’s territorial integrity is the top priority of Iran’s armed forces.
The enemies have always been seeking to impose their domination on Iran. “That’s why we should always remain vigilant against their plots.”
He also noted that Iran has managed to gain self-sufficiency in defensive area because no country provided it with the necessary defensive equipment in the past.
“That’s why the US’ most sophisticated drone was downed by domestically made equipment,” he said.
He said Iran already has a collection of the US drones downed on various occasions.
Iran shot down a US surveillance drone on Thursday in its territorial waters in the Persian Gulf. This has created a dangerous new level of tension between the two countries in the region.
Mousavi on Saturday referred to the latest remarks by the US President Donald Trump about the downing of a US spy drone by the Islamic Republic on Thursday and said the Islamic Republic is prepared to give a firm response to any threat against its territorial integrity.
“Our decision doesn’t hinge on theirs and we will counter any threat or aggression,” he said.
He also pointed to the second phase of Iran’s measure to scale down on its commitments under the Iran nuclear deal and said the implementation of the measure depends on the other sides’ efforts and commitments under the nuclear accord.
“If the Islamic Republic comes to this conclusion that the other sides’ efforts wouldn’t go beyond lip services, it will seriously take the second step in scaling down its JCPOA commitments and we have already told them what the next step would be,” he noted.
The spokesman also said when the US president withdrew from the Iran nuclear deal back in May last year, the remaining sides of the JCPOA called on Washington to remain in the deal and said they would live up to their commitments “but one year on, they couldn’t fulfill their pledges or didn’t show willing enough to do so.”
“So, if they don’t adopt a concrete and tangible measure within the remaining time to live up to their commitments under the JCPOA, Iran will take the legal move based on articles 26 and 36 of the deal which say if one side fails to fulfill its commitments, the other one can take certain measures in return,” he added.
The spokesman said Iran has decided to take its moves within the JCPOA.
“If the side comes up with new promises, a high council charged with monitoring the implementation of the JCPOA will give an appropriate decision,” he said.
Earlier, US President Trump said he was not looking for war with Iran amid escalating tensions between Washington and Tehran.
Speaking to NBC News, Trump however warned that a possible war would result in what he called obliteration. Trump made the comment after he said he called off an attack on three Iranian sites in retaliation for the downing of a US drone, 10 minutes before it begins.
The US president said the United States is in no hurry for a strike. NBC News quoted Trump as saying that he has no preconditions for talks with the Islamic Republic and is willing to speak to Iran’s leader and president. Iran has time and again rejected Trump’s offer of talks saying it will not sit for negotiations under pressure.
In an op-ed, Ali Shamkhani has referred to the stances of the Leader of Iran’s Islamic Revolution towards US President Donald Trump and his predecessor Barack Obama’s calls for talks and said the different reactions show that that the Islamic Republic behaves within a clear set of principles.
“During his last month’s meeting with a group of Iranian officials, the Leader talked about a letter sent by former US President Obama for talks which was replied mutually. But during his meeting with Japanese Prime Minister Shinzo Abe, he explicitly said that Trump doesn’t merit any exchange of messages,” he said.
Shamkhani noted doubtlessly there is no difference in the deceptive and irreconcilable nature, goals and behaviours of the US administrations towards Iran from Obama to Trump. “So, what is the reason behind the Leader’s decision to adopt two different approaches towards the two US president’s calls for talks?”
He answered that by violating all international norms and law, Trump is seeking to establish himself as an international racketeer with unpredictable behaviours. He thinks he can infringe on the Iranian nation’s rights through such methods.
According to Shamkhani, through this behaviour, Trump has created huge challenges in the international arenas and in some cases particularly in dealing with some low-level wealthy states of the region has managed, to some extent, to achieve its material goals and meet its arrogant wishes.
“My own interpretation is that the two different approaches adopted by the Leader towards the two US presidents is deeply rooted in 1) Iran’s emphasis on the principle of mutual respect and the policy of humiliating the bullies, and 2) its insistence on the principle of independence and continuation of active resistance as a major and never-changing strategy,” he noted.
Head of the Civil Aviation Organization of Iran, Ali Abedzadeh, said as in previous weeks, routine flights by domestic and foreign airlines are being carried out through Iran’s airspace.
“The airspace of and the Persian Gulf remains safe and all foreign airlines carry out their routine flights as always,” he was quoted as saying in a report by IRNA.
He went on to say that over the past two years amid the growing insecurity in the region, Iran’s airspace has always remained safe and the number of flights passing through the country’s airspace has already surpassed 1,000 flights per day.
“Foreign airlines are interested in Iran’s airspace because it cuts short their distance and provides them with high security,” he said.
According to the head of the Civil Aviation Organization, so far no foreign airline has ever called for any change in its flights’ route through Iran’s airspace.
He added the Civil Aviation Organization is in charge of receiving and evaluating foreign airliners’ requests to use Iran’s airspace.
Tensions between Iran and the US have grown significantly over the past few days after Iran downed an intruding American spy drone within its airspace.
Some reports said earlier airlines have rerouted flights Friday to avoid airspace near the Strait of Hormuz after Iran shot down the US drone.
Meanwhile, American aviation officials warned that commercial jetliners could be mistakenly attacked amid tensions between Tehran and Washington.
It said on Friday that it was for now keeping counter-measures against Iran suspended with the exception for a call to all countries to increase supervisory examination of Iranian banks’ branches and subsidiaries, Reuters reported.
If by October Iran had not met international norms, the FATF said it would require scrutiny of transactions with Iran and tougher external audits of financial firms operating in Iran.
European signatories of the 2015 nuclear deal between Tehran and world powers have asked Iran to join the FATF before a new payment mechanism, officially called the Instrument in Support of Trade Exchanges (INSTEX), takes force.
Iranian critics of INSTEX say the Europeans have conditioned its implementation to Iran joining the FATF.
The FATF’s proponents have said the measure would smooth the path for Iran’s increased financial transactions with the rest of the world and help remove the country from investment blacklists.
Opponents, however, say membership in the FATF will only make the country vulnerable to outside meddling.
Paper Trading Platform is a software that offers life-like execution for equities, ETF, and options without any risks. Through this platform, you can start training the next generation of investors with the newest technologies in attracting new clients. Educators can also use this platform to set up an online trading simulator in just a matter of days to provide followers with the newest online trading tools. But how does this work?
Paper trading is a simulated market environment that allows participants to write down the buying and selling decisions. The process is simple because there is no need to place orders at a brokerage. New investors need to paper trade first until they learn the basic strategies. Experienced traders use a platform occasionally, especially as they work on new approaches and ideas.
What are The Key Limitations of a Paper Trading Platform?
Paper trading can affect the performance of an investor, especially if one hasn’t learned the key lessons. Below are the limitations of a paper trading platform.
• Market Correlation. Paper trading is unable to address the impact of broad markets on individual securities. A large chunk of equities moves at the same rate with major indices in periods of high correlation. This is common during the rise of the Market Volatility Index (VIX). Results may be good or bad on paper, but the broader conditions have made them, instead of the pitfalls or virtues of each position.
• Emotional Reality. Real-world emotions that are produced by profits or losses aren’t addressed by paper trading. That’s because, in the real world, a lot of traders cut profits short and then let losses run because they don’t have the market discipline. Self-destructive calculations aren’t present when working with hypothetical numbers.
• Formfitting. Traders choose their ideal entries and exits. This means they can miss the obstacles that the modern computer-driven environment generates. These levels of shakeout have become very apparent to participants in the real world who have watched technically-sound positions as algorithms shift to the predatory mode and look for their stops.
• Commissions and Slippage. There different types of hidden fees that real money traders pay from commissions and slippage. This is because of poorly capturing wide spreads in using a paper trading platform. For example, you may think you’re only paying $50 for a momentum stock, but in the real world, it’s $50.50 or more.
These are just the most common limitations when it comes to using a paper trading platform. Before you start paper trading, make sure you understand all these.
How Do You Benefit from Using a Paper Trading Platform?
Using a paper trading platform can help you reach new audiences to convert them into new clients.
With it, you get access to paper trading capabilities to teach investors how to arrange transactions between buyers and sellers. You also get to teach investors how to trade online and via mobile devices.
These aren’t the only benefits when you can get when using a paper trading platform. Through this platform, you can add more value to your current clients by teaching them new techniques and introducing new asset classes to them. You can also increase trading volumes, engagement, and client’s satisfaction when you introduce them to modern trading platforms.
Below are the key benefits of using a paper trading platform:
• No risks. Using a paper trading platform doesn’t cost anything. That means you’re not losing anything, whether you make vigorous decisions or not. This also allows you to observe the flaws in your analytical processes. From here, you can start to think of a strategy to avoid making those mistakes in real life.
• Using a paper trading platform allows you to practice. You, as a participant, can gain experience in all the elements of the trading process. From the pre-market preparation to the loss taking or final profit, you name it. When you access the platform, you’ll know how to use real-money software in a more relaxed environment. You wouldn’t have to worry about the keystrokes, as they won’t affect you.
• There’s no stress. Whenever you trade, you unconsciously conjure the twin emotions: fear and greed. These emotions can blind you and can cause you to make wrong decisions. Using a trading platform will bypass this. Thus, you can focus more on the mathematical process and not on the pitfalls.
• Paper trading can help you build statistics for a new approach. If you paper trade for a couple of weeks, or perhaps a month, then you can build statistics that are useful and create new strategies and market approach. You may be disappointed with the results at first. But in the end, you will benefit from it because it will require more data sets and paper trading.
• Paper trading can help you gain confidence. Once you know that you’re getting rewards from making complex decisions through paper trading, you’ll be more confident the more you keep doing it. That way, you can do the same thing when we’re already talking about real money.
How do You Choose a Paper Trading Platform?
Paper trading helps new investors by teaching them to be responsible for decision making, which involves taking risks. However, it doesn’t address the effects of the algorithmic strategies which targets the core of trading. Most new investors usually spend a particular amount of time paper trading their strategies and ideas before they can risk capital. Thus, they gain enough experience.
This exercise pays excellent dividends and shortens the learning curve. It allows the limited profitability earlier than the usual. To make sure you’ll get the most out of paper trading, you need to make sure you choose the best trading platform.
Below are the qualities of a trading platform you need to look for:
• Life-like Paper Trading Platform. When choosing a platform, one thing that you need to consider is the system. Does it provide a life-like platform? Is it similar to real-life paper trading? When we say Life-like, we’re talking about the following:
1. Equities and options
2. Spreads and ETFs
3. Streaming Level 1 and 2 quotes
4. Streaming charts with drawing tools
5. Real-time order execution
• Options Trading. A good trading platform must have options trading that you can choose from. These options may include multi-leg, which is a versatile option for a trading simulator. These features include:
1. Multi-Leg Options
2. Options Strategies and Spreads
3. OTO or OCO
• Customizable Trading Experience. As a trading participant, you need to consider the overall experience when you use the platform. How does it feel when you use the trading platform? When choosing the best platform, make sure you choose one that offers a customizable drag n drop interface, in order to create a unique experience to traders. Below are the features of a customizable trading experience:
1. Use multiple brands
2. Plug in 3rd party content and analytics
3. Localization (multi-language support)
4. Web-based and mobile applications (No installation needed, no downloads needed)
5. It supports any OS, including MacOS and Linux
• Broker Back Office. Also, when looking for a trading platform, make sure that it has a broker back office portal. Broker back office allows you to trade via a simulation. The trading rules, access, user permissions, trading websites, and compliance are all simulated.
1. Risk Management: pattern day trader, free riding, fat finger
2. Simulated Compliance: Buying power, margin requirements, and reg-t
3. Rules Engine: set up your own game rules or risks
4. Different Trading Account Support: Day tracker, margin, or cash
• Educational Tools and Gamification. Educators also utilize a paper trading platform to provide their followers with the newest trading tools. If you’re an educator, you should be able to make the process of becoming a stock trader more engaging. You can do so by introducing online trading competitions and contests. You can reward top performers in paper trading. Your platform should be able to do these:
1. Determine who the top performers are
2. Real-time performance tracking
3. Organize competitions and contests with just a click of a mouse
4. Track Profits and Losses
• Websocket and API. One of the best features of a trading platform is being able to access the leading API for managing the trade life cycle. Having access to the API also gives you access to extract the trading data as well as building innovative applications for trading. These applications include:
1. Rest API
2. Track or collect trading data via API for business intelligence
3. Test trading algorithms via API
4. Customer Widget Designer Module
Whether your firm is looking at upgrading stock trading platform, ETNA stock trading platform is the best choice. ETNA offers modern stock trading platform as a service to investors and aspiring investors. It offers innovative pricing plans as well as customization opportunities.
It also offers convenient usage-based pricing to convert the client-vendor relationship into a partnership that benefits each other. This makes ETNA stand out from its competition. What are you waiting for? Contact ETNA now for more information and how to get a paper trading platform.
A yarn wholesale shop might not appear like some kind of a hugely profitable venture; however, you might be undervaluing its potential. It is quite a challenging business that often requires hard work and commitment, but a lot of people actually make a decent living by just managing a yarn wholesale shop. Best of all, they are earning a living by doing something they appreciate. If you love any kind of needlework, the ideal job that you may have spent so long searching for might be by owning a yarn wholesale shop.
Also known as a “knitting shop,” a yarn shop offers knitting craft-related supplies. They usually sell yarn balls, crochet hooks, knitting needles, patterns, knitting accessories, and crochet accessories. Yarn shops will sometimes sell other items, providing the consumers the products they need for a number of hobbies.
It would be best if a yarn wholesale store is owned by someone who truly loves knitting. Good yarn shop owners like supplying low-price knitting supplies. They also love to spread the art of knitting with others. Yarn shop owners usually organize customer seminars, giveaways, and fun events.
A yarn shop owner ought to be people-oriented.
They need to engage with clients, concentrate on relationship development, and enjoy continuous knitting activities.
So if you are someone who is people-oriented, loves knitting and wants to open up a yarn shop, follow these guide once you are ready to start your yarn wholesale store to make sure that you will not be wasting time, effort and money in making your yarn business grow.
Plan your yarn wholesale store business
You might be tempted to put as many kinds and colours of yarn as possible once you start putting up a yarn store. You will also need a number of supplies to carry. Nevertheless, excessive stock can bring a financial strain on your yarn store. You must focus on purchasing stocks which are more sellable to your prospective clients and those which are not available in any other yarn wholesale shop within your area. If you plan your yarn shop properly and carefully, you will be able to carry sufficient yarn and supplies which can draw customers to your shop without wasting much of your resources or generating excessive debt.
Start by writing a plan for your yarn shop business.
A written plan is one of the fundamental factors which all successful companies follow. This plan and strategy define how your business will function, enable you to find your target market, and to know how you will approach the clients of that market. Download and customize a business plan template to meet the needs and budgets of the yarn store you are planning to launch.
Get funding to start your yarn business
Secure the capital that you will need to operate your company. In the previous stage, the business strategy that you formulated should have recognized the operating budget for your yarn shop business. Take into account how much financing is needed for the first 18 months to meet your operational costs. Secure these funds by any means that are available. The main financing options for most small business entrepreneurs are personal loans from your bank, credit card balances and loans from friends.
Survey the competition
Check out your local competition before purchasing yarns or supplies. Look for what other shops cannot offer and not at what they can offer.
Pay attention to the clients and then see what they would like to find. For instance, if you can find an area of needlecrafts not provided by local shops, concentrate your initial inventory on that area.
Register your yarn shop
You should register your yarn wholesale shop as a company. This would be a significant move as it enables you to purchase wholesale products as well as it will make it simpler for you to pay sales tax on products sold in your shop. Being fully established as a company also enables you get a Federal Employer Identification Number that is used to pay for income taxes in case you will be hiring employees to work in your yarn shop. To get more comprehensive data on how to start up a business for your yarn shop, consult the city clerk’s office in your city.
Open a bank account for your business
This distinguishes your private assets from the assets of your business that are essential for the protection of your personal or private assets.
Moreover, it would also allow you to fully grasp the financial performance of your yarn business, recording your several expenses and income sources are crucial. By opening a bank account, it will also significantly simplify your annual tax filing by keeping detailed and comprehensive records.
Procuring required licenses and permits
Failure to obtain required licenses and permits can lead to heavy penalties or can even shut down your yarn shop. So before opening up your business, procure all the needed documents.
Lease a space for your yarn shop
Rent a building or an office space for your yarn shop business. You will need a suitable place for your yarn displays like project books and other products. A cash register area and a back office are also necessary. It will also be best if you can appropriate a space to store your extra inventory, but it is also totally acceptable to have your entire storefront for your inventory. The location of your shop must be accessible and easy for clients to find.
Look out for yarn wholesaler and sign up accounts with them
Before you can continue to this stage, you will need to have registered your company in the third step because most wholesalers will demand a copy of your business license for their files. It is recommended that you sign up for accounts for yarn wholesalers for yarns, fabrics, threads, needles, craft books and any other products you intend to sell and display in your shop with yarn wholesalers. It will allow you to purchase stocks at a very low price for you to make a profit by selling it at the suggested retail price.
Allocate a crafting corner
Consider allocating a section within your shop where the people can rest and work on projects.
Putting up some area for comfortable couches and seats will provide an appealing environment for the people to work on craft projects and provide clients an enticement to enter to your yarn shop.
Since customers may also end up staying up for a long time doing their project, you can gain additional profit by selling coffee, tea and light snacks. Offering your customers with a warm social environment can help make them more comfortable.
Conduct craft seminars and workshops
To educate the people on how to use the products you sell, you may conduct craft seminars and workshops. Exposing new individuals to needlework or new methods of needling will not only teach them a skill, but will also boost the number of individuals in the area who will need the products you sell. Holding monthly seminars, workshops and any training courses will also provide a reason for clients to enter your shop, which raises your chances of having a big sale day.
Define your business brand
Your brand should be what your business stands for, and also how the public identifies your business. A powerful brand will enable you to stand out among your business rivals.
Establish web presence
A business website enables clients to know something about your business as well as the products and services that you are offering. You can even use social networking sites to lure new customers or clients.
Try selling online
You can also consider selling online as another means to reach out to customers. Selling yarns and any other supplies on the digital marketplace opens the door to a much bigger pool of customers than what you have access on at a local level. Selling products online also brings a comfort factor to your local clients who can make their purchases in advance and then choose to pay for shipping or picking products up at the shop.
Put yourself on the customer’s shoes
Think of the clients that you would like to attract to your yarn wholesale shop. Make a profile list of a customer in terms of personality, age, preferences, income and what he or she wants to have from a yarn shop. You must not stock up on yarns that your usual customers would not want just so that your shop will appear as a full-fledged yarn wholesale shop. In addition, do not be scared to specialize. Specializing could help you save money on your inventory.
Be involved with your community
Be engaged as much as possible with the community. Profitable yarn shops do not only offer knitting products — they also provide experiences. Even if you are just a starting yarn wholesale store, you should interact as much as possible with your community. Check out local organisations, organize giveaways and swap-ins. Treat buyers like family and ensure that every transaction is accompanied by trust and commitment.
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