What is the small star above my profile name ?

That is reputation when you get a good response in here. It was made by other user who thinks that your answer is good and helpful. So, you must post response good and more details to get more reputation. I don't know high reputation can earn more or not?

this si teh mylot rating and reputation so to increase it you should write quality discussions and posts in this way people that will rate them can give you a more improved rating on mylot!!

Your star is your reputation on the site. The way that your star is determined is based on what other members of the community think of your posts and the discussions that you've started. Therefore, the only way that you can get a better reputation with the site is to write quality posts and start good discussions on the site. It could take a while to get to where you want to be, but given enough time it can happen for you.

Hi stylewaves, it represents your reputation over here given by the members. They will rate your discussion and response. Keep post some valuable and good discussion then your star will increase. Have a good day.

It means your myLot reputation. It would be the other members here in this site that will make it high as they rate you positive marks. Keep on posting good responses and great topics.