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The Importance of Forex Trading Courses
Trading is a very good way to do business. Long ago, people traded goods for other goods. Later on, some goods were traded for services, and vice versa. Forex trading is just one of the many forms of trading. For starters, forex trading is simply the trading of the different currencies in the world. It provides absolute liquidity to most investors; it is also known as the least regulated and the largest financial market in the world.
Although trading may seem very easy, when it comes to forex, it's quite different. And if you don’t have proper knowledge about it, you will lose a whole lot of money. Doing the trade like the pros can be quite a chore, but if you only know the basics and some advance learning tools, you can do your trade just like them.
There are many forex trading courses that you can choose from. You can attend a forex trading class traditionally (inside the classroom) or you can do it online. Whichever you choose, you will surely learn more and will benefit from it once you do the actual trade. Although it requires additional expenses on your part, the amount that you'll be spending will be doubled or even tripled once you do your actual forex trade.
Trading courses offered to wannabe forex traders teaches all forex trading aspects. You can find institutions which offer the latest software and tools used in forex trading. Aside from that, you will be taught the difference between equities and forex trading. Pros make use of different instruments when doing the actual trade, and through these courses, they will be able to help you choose the best possible instrument that you can use.
You can actually engage in forex trading twenty four hours a day and six days a week. Imagine how much money you can make in so little time; but this can only be realized if you attend forex trading courses. New traders may enjoy forex trading even without attending the proper course, but in due time, you will realize that you can lose a lot of money if you don’t seek professional help. Sometimes, a little help from the outside can be very useful.
Forex trading requires a lot of knowledge about the market itself, and if you hardly have any knowledge about it, you're in big trouble. People who want to engage in business naturally want to make money, and to achieve that in forex trading, you must have a good grip of the different aspects of the trade. Discipline is one very important trait in doing forex trading. You must have your own plan, and with the help of technical tools used by currency traders, you can go a very long way.
It would be wise to find a course in physical offices so that you can get the most professional and comprehensive learning experience. Check if they also offer study materials to be used at home. The opportunity brought about by the different courses offered in the market is infinite, and any trader can highly benefit from it. Forex trading courses allows you to have training with real quotes and data. You will be taught the proper skills in risk management, and how you will be able to preserve your capital. You will learn how to make your very own business plan, and your instructor's comments about your work will help you improve the next time you make another plan.
Instructors of these courses are among the best; they have all the experience and knowledge about the trade. Almost any physical office which offers forex trading courses allows their students to do networking, which means they can have alliances and collaborations outside the four walls of the classroom. You can ask your friends and colleagues who are also into forex trading if they know any forex trading course that is of good teaching quality. Or you can also do some searches online in case you want to attend classes on the net.
Time Your Ebay Listings for Maximum Profit
Some sellers are discouraged when their auctions fail to get bids within the first few days of the listing. This is very common; most bids are placed in an auction’s final hours or even minutes. Buyers who have been watching the auction will try to place the winning bid just before time runs out, to cut down on competition. Since this is the case, Ebay sellers will benefit from making sure their auctions end during peak buying times.
When are Ebay’s peak buying times? According to the pros, daily purchases spike between 8 and 10PM Eastern Standard Time. Weekly sales reach their summit on Sunday evenings. If your auction closes during any of those time periods, your listing is more likely to be seen and bid on. If your auction closes in the wee hours of the morning, it’s unlikely that you will benefit from the last-minute buying scramble.
So how do you time your auctions to end when Ebay has the most visitors? Time your listings carefully. If you put up an item in a three day listing, the auction will end at the exact listing time, three days later. The same goes for other auctions of longer durations. For example, a seven day listing made at 8PM on Sunday evening will end at 8PM the following Sunday evening. It sounds simple, but careful auction timing is an oft-overlooked strategy that can drastically increase your sales on Ebay.
Also, consider the length of your listings. If you list an item for three days, you are shutting out thousands of potential bidders. You want to leave items up for as long as possible. Not only does this give buyers time to find and place bids on your merchandise, it also cuts down on listing fees. Why would you list an item for three days over and over again when you could just list it for seven or ten days from the beginning?
Some types of merchandise, such as antiques and collectibles, can take a while to find purchasers. By listing them for three days, you’re losing out on lots of potential visibility. Increase the length of your auctions and increased profits will follow close behind. Items listed for a week or longer have time to attract plenty of auction watchers who could turn into bidders in the auction’s final moments.
Time your auctions for maximum visibility, and your profits will improve. You don’t want to lose out on sales because your auction ended at 3AM when nobody was looking! Close the bidding at a peak time to make the most of your Ebay business.
Text v Graphic on Adsense
On one hand advertisers may feel that image adverts are more responsive yet less likely to stimulate a sale. On the other hand text adverts may convert more, whilst being less visible to the consumer.
Text based adverts are considered the least intrusive of the two formats. However does that mean that Graphic advertising is better? Consumers are used to graphic advertising from signing into free email accounts, and from using other web based services. Through being used to graphic advertising they have almost programmed their selves to ignore it. Through the adverts being untargeted, the consumer is used to brand advertising which they feel is generally less purposeful. This may cause the consumer to ignore the graphic advert from the assumption that it will be the same.
Text adverts are not forced upon surfers. Through being less obvious some people will not see them at all, however those who do see them, and read them are significantly more likely to click on them. This is for a number of reasons, but the first is that they provide more information. Generally, someone who is reading text on a page is not going to be fully satisfied by what they read, and if they check adsense adverts they will most likely read something which will further supplement whatever their intention is next. With an image advert, it is far more of a gamble for the surfer.
Graphic advertising is often paid per impression. This is because the advertiser may be trying to promote their brand, instead of promoting a specifically useful service. They therefore are assumed to have worse conversion rates, and with this text adverts are in the consumers eyes more effective. However, if the text contained within an advert was placed in graphic format, which would be the most effective? Well firstly it can assumed that the surfer will be more likely to view it, however if their were multiple image adverts appearing next to each other they may feel overwhelmed.
Graphic adverts are also harder to regulate. Let’s consider Google allowing adverts to be changed frequently and without regulation. The advertiser could claim affiliation from the website they are advertising on, and contain keywords such as “ipod” which cannot be contained within a text advert. Although more regulation and quality control could be in place, a pornographic image for example could be made to appear in an advertiser’s adverts unknowingly.
Text adverts also have a broader market appeal, as advertisers don’t generally have the in house resources to create an image advert, but do have the in house resources to write a text advert. This could mean that a wider array of advertisers find text advertising accessible, through text adverts being less burden on the advertiser, and being easy to change.
Text adverts are also cheaper for the advertiser to create, where as a graphically designed advert may cost in excess of $200. Through removing this fixed cost advertisers may be willing to allot a higher rate to advertising itself; thus benefiting the advertiser and the publisher.
Text advertising appears to be the preference of the advertiser. They pay a CTR (click through rate) and only receive targeted traffic. This removes risks from businesses that previously had to worry that adverts were not only seen, but clicked on and stimulating sales. As CPC (Cost Per Click) is more relevant to text adverts, advertisers are able to gain exposure without needing a high click through rate to be effective.
The big brands are willing to advertise in both formats however the broad market appeal of text inevitably makes it the winner. As flash websites disappear with image adverts, it is becoming clear that text and information is the preference of the website users.
The Internet and Global Forex Trading: The Perfect Combo
Forex trading is no longer concentrated in the actual FX market. You can actually do it globally. You might wonder how, well it is quite simple. You are most probably aware that the Internet is widely used nowadays; and many businesses are finding it very useful in almost all areas of their work. And now, you can even trade currencies through the net. New traders can find the net as a helpful tool in doing their trades online. There are many different forex trading programs available in different websites. All you have to do is to choose one website that would suit your trading needs.
Many forex traders believe that the FX market is the best place to earn money. If you know how the market works and with a little start up capital as investment, you can actually make big profits. And you don’t have to worry about your investment's safety. Online forex trading is quite safe, and besides, the fact remains that the FX market cannot be manipulated even by powerful individuals because it is the biggest financial market in the whole world.
It doesn’t matter whether you have an office job, or if you're staying at home. With the Internet, you can actually do the trade at home, in the office, or any time you choose. The FX market is open twenty-four hours each day, and you can take part in the trade six days a week. The opportunities in forex trading are immense.
Almost any business venture requires you to do some marketing, promotion, and/or selling. And not only that, you would need a huge amount of capital. But with forex trading, you will need only a reasonable amount to open an account. As you go through the course of currency trading, you won't be spending a lot of money as well.
The price ranges from three hundred dollars to over two thousand dollars in order to open an account. Instructions are usually provided to help you in doing your trade. You don’t have to keep an eye on your computer monitor all the time. You can log off after you've done your trade for the day. And you're free to check what happened during the trading day in the FX market. You need to check every now and then though, but you can do it during your free time, or after office hours.
Global forex trading allows you to enter buy trades with specified prices. Once the selling price of the currency rises to your desired price, it will be sold automatically for you. Even when you're not watching, you are actually making money. Having a permanent job is not enough, especially to most people who have a lot of daily expenses. Forex trading allows you to earn extra money, even big money, during your free time.
The system of forex trading is not that difficult to understand. But it would not be a wise move to put your hard earned money in the forex trade without proper knowledge. Practice first; you can take advantage of free trials offered by various websites. This will help you a lot in learning the trade processes and to learn the skills needed in forex trading. You're free to choose your investment amount. The computer acts like an ATM machine; you don’t have any superiors, you are completely responsible for all your actions. So if you want to make money the easiest and fastest way, the FX market is the best place to explore.
Try to educate yourself about the trade, and who knows, you might discover the secret to forex trading and earn thousands of money. The Internet has brought about global forex trading, and not all people are aware of this. You're quite lucky to enter the FX market, so take advantage of all the opportunities that will come your way. Learn, and learn even more; that is probably the most effective way to do forex trading. Learn from past mistakes, and make profitable decisions.
The Different Options You can Avail to Learn Forex Trading
Different countries or nations have different currencies. But not all currencies are traded in the FX market. There are seven major currencies traded in the market. Forex trading is the buying and selling of currencies in pair. You can possibly do the trade without a currency pair. A typical example is the US dollars/Japanese Yen.
The basic of forex trading is to buy a currency at a lower price and sell it at a much higher price. But sometimes, having this knowledge is not enough. Forex trading involves a lot of different things that not all individuals have a proper knowledge on. Forex trading takes place twenty four hours a day, so even when you're sleeping, the trade goes on. The FX market is by far the largest financial market in the whole world. That is why a lot of organizations and individuals are attracted to do the trade.
Before, large speculators, banks and currency traders ruled the FX market, but that is no longer true these days. There are now brokers who can help individuals and small companies by breaking down inter-bank units. If you're interested in forex trading, you can do it alone, but try to attend a forex class first, or practice as an apprentice. The forex market is volatile, and new traders may find it hard because of the risks that it involves.
The last two options are much better especially if you are new in the FX market. This way, you can benefit a lot from having well-experienced instructors. You are to have a real time experience which you can use later on when you do your trade. You have to understand the process of forex trading first. Remember that the FX market has no boundaries or barriers. So before jumping into the market, you have to know the right entry points.
Charting and mapping are also important aspects in forex trading. Charting software are readily available, you can secure one so that you can learn about it; as well as learning how to properly map it. Through this, you can see how the market moves. And you can now make good decisions whether to buy or sell a currency, and earn profits in return.
Another important thing to learn is forex trading psychology. You should know how to properly deal with all your losses, of course you can't expect to gain at all times. If for a short period you have made a lot of losses, perhaps its time to stop just for sometime. Don’t be carried away in doing the trade, otherwise you may incur a lot of losses.
New starters who instantly gain a lot of profits may think that they know too much. But it helps to know that it is not the same all throughout. Good profits oftentimes encourage more people to trading so much, without thinking of the risks. Discipline is one trait that you should practice and learn.
Starters, who go through forex trading on their own, without any help, are likely not to succeed in this kind of trade, not unless he or she is 'gifted'. Although they may enjoy a certain amount of profit, time will come when won't be able to keep up with the trade without knowledge of forex trading and its technical aspects.
As a trader, you alone can decide which option is best for you. Learning forex trading requires dedication, if you can pull it off on your own, good for you. But if you think that you need a little help, you are free to choose from the many forex trading classes offered; or you can be a broker's apprentice. Anyway you choose, you can learn so much about forex trading. And all your learning experiences can be of great importance once you do your actual trade.
There is no substitute to proper learning. It gives you a good grip about the trade, and you can be confident that you're making good decisions. These would reflect a lot from the profits that you are about to gain.
Staying Out of Trouble with eBay's Listing Policies.
Academic Software
Airline and Transit Related Items
Alcohol
Animals and Wildlife Products
Anti-circumvention Policy
Artifacts
Authenticity Disclaimers
Autographed Items
Batteries
Beta Software
Bootleg Recordings
Brand Name Misuse
Catalog Sales
Catalytic Converters and Test Pipes
Celebrity Material
Charity or Fundraising Listings
Comparison Policy
Compilation and Informational Media
Contracts and Tickets
Counterfeit Currency and Stamps
Counterfeit Items
Credit Cards
Downloadable Media
Drugs & Drug Paraphernalia
Electronics Equipment
Embargoed Goods and Prohibited Countries
Encouraging Infringement Policy
Event Tickets
Faces, Names and Signatures
Firearms, Ammunition, Replicas, and Militaria
Fireworks
Food
Freon and Other Refrigerants
Gift Cards
Government IDs and Licenses
Hazardous, Restricted, and Perishable Items
Human Parts and Remains
Importation of Goods into the United States
International Trading - Buyers
International Trading - Sellers
Lockpicking Devices
Lottery Tickets
Mailing Lists and Personal Information
Manufacturers' Coupons
Mature Audiences
Medical Devices
Misleading Titles
Mod Chips, Game Enhancers, and Boot Discs
Movie Prints
Multi-level Marketing, Pyramid and Matrix Programs
OEM Software
Offensive Material
Pesticides
Plants and Seeds
Police-Related Items
Political Memorabilia
Postage Meters
Pre-Sale Listings
Prescription Drugs and Devices
Promotional Items
Real Estate
Recalled Items
Recordable Media
Replica and Counterfeit Items
Satellite and Cable TV Descramblers
Slot Machines
Stocks and Other Securities
Stolen Property
Surveillance Equipment
Tobacco
Travel
Unauthorized Copies
Used Clothing
Warranties
Weapons & Knives
Wine
Most of this is very obvious - of course you can't sell illegal things like drugs, pyramid schemes or stolen goods. Almost everything that is on the list is there because there is law against selling it. Some of the reasons, though, are a little strange.
The 'autographed items' entry, for example, doesn't mean that you can't sell anything that's been autographed - it just means that you can only sell it if it comes with a certificate of authenticity. The 'artifacts' entry prohibits you from selling Native American graves; 'celebrity material' means you can't sell unauthorised pictures of celebrities; 'embargoed goods' means that you can't sell anything that comes from Cuba… on and on it goes, and most of it you never need to know.
If your chosen kind of item seems to be on the list, though, and you're concerned that you might not be able to sell it, then check the full list at http://pages.ebay.com/help/policies/items-ov.html to see whether the item is banned entirely or there are just a few restrictions.
eBay says it will remove any items that it believes violate copyright law, but in reality they don't have that many people to monitor the site. You will generally only find that your auction gets removed if someone decides to report you - and even then, they might not get around to it.
Really, buying and selling on eBay can sometimes feel more complicated than it really is, thanks to all the rules surrounding it - not to mention the jargon. Our next email is a 'jargon buster', to help you learn the language of eBay.
SafeHarbor; eBay's Own Scotland Yard.
When You Don't Pay.
This is the most common rule buyers break - it's all too easy to just change your mind and try to get out of the auction. eBay regards every auction as a contract, and will punish you if you don't go through with your end of the deal. If you decide not to pay then expect to get a few nasty warning emails from eBay threatening you with banning if you do it again. Not to mention, of course, that you'll get a big negative 'DID NOT PAY' feedback comment from the seller.
So There Are Things You Can't Buy on eBay?
Yes, there are: more things than you'd expect. It makes sense that you can't buy firearms, for example, but you also can't buy fireworks - eBay are worried about the risks of sending them in the post. Laws in many countries mean that you can't buy alcohol or tobacco. You can't buy illegal or prescription drugs, stocks and shares, or lottery tickets. No underwear, either. You can't buy any little pet puppies or kittens, as animals are banned. If items infringe on copyright, like pirate CDs or software, then they're not allowed either.
eBay's policy is controversial, not least because it is somewhat random in its enforcement - and there have been accusations that they're more responsive to the copyright concerns of big businesses than to auctions for items that might actually be dangerous. If they do decide to go after you or the seller, though, they will cancel the auction and may also suspend your accounts.
Fraud.
eBay runs remarkably well considering how unregulated it is, but there are still fraudsters. If you are a victim of fraud - for example, you pay for an item that never turns up - then SafeHarbor will investigate for you. eBay's standard purchase protection will give you up to $200 back if your claim is successful. Be aware, though, that this can take a few months.
In addition, if you paid by PayPal, then they can usually reverse the transaction relatively easily and get you more (if not all) of your money back. This is another reason why many buyers prefer to use PayPal. Some sellers are a little scared of the effectiveness of the refund system, as they can send out items in good faith only to find that their buyer was fraudulent and the transaction has been reversed. If you're worried about fraud, as a buyer, you should always use PayPal.
What's that? You don't know how to use PayPal? Well, luckily for you, the next article is all about using PayPal to improve your eBay life.
Selling to a Woman Vs Selling to a Man
For example, when a man decides to buy a car he looks out for the latest model, speed, mileage, etc. But when a woman goes out to buy a car she will choose a car depending on the color. She would like it match it either with her work dress or accessories like watch and will be concerned whether there is enough space to store her necessities. Because their psychologies differ so much, they should be convinced to buy a product using different methods.
Presentation is also very important. The salesperson talking to a male client doesn’t have to concentrate much on looks and cleanliness. It is okay if he doesn’t have the required documents on hand and his sleeves are folded up. But when the same salesperson is referring to a female client, he should be spotless from head to toe.
He should comb his hair properly, have manicured nails and even his shoes should be well-polished. The salesperson should be prepared with all the necessary documents before hand and shouldn’t go rushing in front of the customer. Women seek perfectionism.
Words should be spoken with extra care in front of a woman customer. Women are better listeners and they will analyze each spoken word. A lot of emotion should be involved in the talking because women are drawn to emotions immediately. Like when selling clothes to a lady, tell her how you will feel bad for her if she has to sweat badly in the summer due to her nature of job. Pick a nice cotton dress for her and ask her to try it. The customer will be highly touched and will take less time to buy the product. Seventy five percent of the job is done if she is won emotionally.
Next important point is to never stop talking in front of the female customer. The moment the salesperson stops talking, she will start thinking deeply about the product and will start examining every detail of the product and will give a second thought to the product. Women have the capability of multi-tasking.
They will be able to listen as well as read the manual at the same time. So keep her involved into many things at a time. A man lacks the talent of multi-tasking. If a male client gets involved with something else, stop speaking immediately because he will be unable to concentrate on both the things and it will lead him into a confusion state.
Another point to be taken care of is, it’s not a good idea to have a woman salesperson when a male client is to be handled. Women talk a lot and men are bad listeners. The woman salesperson will go on and on about the product and the man will just nod his head without getting any meaning out of it.
They will not able to express properly whether they are getting the point or not. But on the other hand, a woman client can easily express how much she has followed. Even if they don’t speak it out, her facial expressions will tell it all. So when a salesperson is dealing with a female customer, he or she should watch out for the client’s expressions. If she shows any state of confusion or dislike, try taking a different approach.
Men clients can be made to understand about the product by simply drawing the outlook of the product using a simple pen and paper. Men have a good capability of visualizing the three dimensional images of the product which is being referred to. But women are not so good that. To present a clear picture, the sample or the actual product should be shown to her.
Complimenting a male customer is a very good idea. He will be over whelmed and will take it in a good sense. But a woman is a careful listener, so any compliment should be given with extra care. Any fake compliment will be immediately detected.
The Importance of Forex Trading Education
Each time you encounter a new endeavor, activity, or thing, the first to come into your mind is to learn about that particular thing or activity. So you see, no matter what we do, education continues. And this is especially true with forex trading. Statistics have shown that over 94% professional traders lose a lot of money every day in forex trading alone. But don’t be discouraged; in fact why not use that piece of information to strive hard to get a forex trading education.
The financial market changes by the minute, or even by the second. Who knows which currencies are a good buy and which aren’t. Most traders, specially the starters, believe that they can predict what is about to happen in forex trading. But you see there is more to predicting the market; you need to educate yourself still.
First things first, you must have a forex trading system which contains the key elements, namely: money management, risk, and execution. If you have a well developed system, which gives a lot of weight to money and risk management, over time you can actually carry on draw downs while expecting consistent returns.
Forex trading is not just about buying low currencies and then selling them when the price is high. Profitable traders can teach you more than just discipline, because you also need to learn about detachment. Ask a professional trader to show and guide you how it is done.
You must have the proper mindset in order to be a successful forex trader. To achieve this, your capital should have a positive return. It is not all about profits especially when you're just a beginner. You should first determine if you have a reasonable return of your capital.
Most successful forex traders have undergone some sort of education. Since forex trading is a high risk endeavor, it is not wise to instantly jump into the trade. If you purely rely on experience and instinct, you may not likely succeed in forex trading. But if you have undergone a forex trading education, you are more capable to handle demands and the stress that comes along with the trade.
Through forex education, you can learn all about the market mechanics, reading the forex chart, how software works, how it is closed, the right time to bid, and many more. It is the best possible route to take before plunging into forex trading. The FX market is volatile, and you can understand the situation better if you know how to read charts. It will be easier for you to understand the different reasons behind these shifts, and can greatly help in minimizing the risks that you are going to undertake.
The very first things that you'll learn in forex trading education are the basics. It includes margin concepts, order types, rollovers, bids, and leveraging. Aside from that, you can also learn about fundamental and technical analysis. And lastly, you should learn about trading psychology which can teach you about patience, discipline, and commitment.
It is also good if you can learn about the financial market's history. And knowing the past mistakes made by other traders will teach us how to avoid such circumstances. You can get a forex education online or in a traditional class. Having a forex education is an added advantage compared to those who haven’t had any. This is especially helpful for starters, and even for those who have been in trading for some time.
Most professional traders highly recommend some form of forex education. With a little background and knowledge about the trade, it is a sure fire way to succeed in this line of trade. Instead of making wild guesses, why not take a forex education class, and make educated decisions when doing the actual trade.
Simulated Forex Trading Uses Simulators as Trader’s Guides
There are different important factors that traders should do in order for them to succeed. Remember, forex trading involves practice, reinforcement, and repetition. This process requires refined strategies and skills. So, traders should incorporate forex simulators to help them save money and never start as a loser.
Compared to forex demo that provides real time functions, forex simulators helps the traders to upload, review, and view historical data any time. It tests the traders understanding if they could recognize trading signals and patterns which can be fast forwarded and rewound. In this manner, the traders can retests their forex trading knowledge and find out what are the things to improve and change to stay in the pace of the forex market conditions.
Forex simulators are very essential to traders because they can be trained for months even within a few days of working. It is because the traders can rewind, pause, or fast forward whatever knowledge they have learned. A five-minute timeframe can be set-up to whatever chosen area. The traders can also get trade snapshots, use the indicators that they like, or keep journal trades to refine strategies.
Forex simulators are compared to PC games. The player has a mission to accomplish and repeating the games so many times can lead to perfection. The forex simulators also works this way, it requires a lot of practice, repetition, and reinforcement to be a good trader.
The traders are more prepared before they try opening a live account on forex trading. Forex simulators are serious tools for traders who wanted to learn how to trade before investing their real money on it.
Keep in mind that there are thousands of forex traders in the forex markets. So, how will the traders invest their money successfully if they don’t understand the basics? If forex simulators are clearly defined and practiced then a trader’s success is always possible. The first thing that traders should avoid is forex trading pitfalls so that they could really make money out of their investments.
- Forex simulators are helpful guides to forex traders so that they could successfully trade forex in the forex markets. It teaches the traders on how to trade in pairs instead of currencies. The traders learns the relationship of one currency from the other and its impacts. Take note, the failure or success of trading forex depends on the right combination of currencies.
- The market conditions are also important when trading forex. Forex stimulators help the traders in understanding the basics of forex trading markets to the best of the trader’s advantage. It also updates the traders about economic events and news affecting the market conditions. Most novice traders can be shocked by market fluctuation brought about by these phenomena. So, they missed the opportunity to trade because they wait for the market to calm down before trading. Remember, the potential market condition lies in its volatility and not in tranquility.
- Traders also study the advantages of short-term and long-term trading. They can obtain helpful techniques to gain profits by being an ambitious trader. The bid and ask price should be understood well in making profits especially when making either a small or large trades.
- Forex stimulators enable the traders to weigh the effects of trading with too much caution. The incremental profit on small scales does not make any difference. Placing stop losses that are too tight can increase the risks of trading failures.
- The traders can choose whether to become an independent trader or with an aid of a broker. The risks are clearly explained as well as the outcome of trades. In any way, the traders should analyze it by themselves or seek advice from different reputable sources to prevent committing trade mistakes.
Forex trading simulators can help the traders developed helpful strategies before starting their forex trading business. Simulated forex trading is worth it because it starts with a plan, proper knowledge, and skills to achieve success in trading forex.
The Importance of a Good Investment Program on Forex Trading
The FX market seems complex, especially to new traders, and they find it rather difficult to go about the trade. But nothing is impossible once you've learned the trade. It is a worthwhile venture that you might want to consider even on a tight office schedule. Being employed in a particular company may not give you all the money that you would need to finance your everyday living. Doing some extra work is often recommended specially in today's times when money is difficult to find. Worry no more; the FX market is not far from your reach.
Identify your goals upon entering the FX market. This is the primary step, so that you will stay focused in your endeavor. Once you've set up a goal, you have to do all it takes to reach that goal, but it should be in a reasonable manner. In going through forex trading, you will need an investment program, and a good one. Don’t settle for anything less because an effective way to succeed in forex trading is a good program.
Most rookies commit the biggest mistake of their lives by availing fake programs. The FX market is a huge industry, and the fact is, many scams and con artists abound the Internet, which actually provides useless materials for beginners. This often leads to frustrations of beginners because they've already failed even before they get to start the actual trade.
Find a legitimate forex investment program. Although it might require a bit of looking around, as well as a bit of your time, once you get what you’re looking for, you're in a good start. You don’t have to settle with expensive programs, nor with programs promising easy and quick profits with less the risk. You must be aware that though the FX market offers a lot of opportunities, it is also surrounded with a lot of risks. To become like the pros, you need to learn the forex trading system; and you have to be serious in learning it.
A good program is dynamic. It provides daily advice, manuals, DVD materials, computer disks, and other important forex trading stuffs or resources to transform you into a succesful trader. Check if their previous clients are satisfied with their services, and see if the company has built a good reputation in the business.
Professional traders regard forex trading as a science, some thinks it's an art; and to start the real trade, you must undergo a lot of practice. After all, practice makes a perfect trader. Demo accounts are surefire ways to learn the different techniques used in the FX market. After you've mastered it, you can proceed to a mini account.
Here you can do an actual trade but the risks are minimal. If you think you're quite ready, then get a regular trading account. This is a highly effective step-by-step process because you get to learn a lot of things while your practicing. Always maintain calmness, and act like the pros. You are about to make big money, one that you probably never imagined in your entire life.
Forex trading is done on a margin. Margin trading allows you to control more money than what is actually in your hands. For you to trade one million US dollars, you should have a security deposit worth ten thousand US dollars. This is a typical example with the rate at 1%.
The FX market spans around the globe, so you can trade twenty-four hours a day. If you choose to do margin trading, the spread rate is much lower compared to futures trading. The requirements are also quite low. Familiarize yourself with all the in and outs of forex trading. Trading globally poses a lot of risk; you must learn to overcome all these risks in order to earn big profits. Get a good forex trading program.
The Many Benefits of Ebay Stores
Many sellers list a vast collection of items in search of that single smoking hot sale that will make them rich. Unfortunately, it might take hundreds or even thousands of listings to turn up such a sale, and sellers have to pay a fee every time they list an item. Ebay listings only last for seven days. If items don’t sell by the end of those seven days, the seller must pay to list them again. This can get expensive if the seller has hundreds of items to list every week. Some sellers get discouraged when they have to pay repeat listing fees.
Fortunately for sellers with large inventories, Ebay offers stores that allow items to be listed permanently. Ebay stores are virtual storefronts where merchandise can be displayed and sold. Ebay stores are similar to regular auction listings, in that sellers can add photos and descriptive text to give buyers a good idea of what they’re purchasing. But if some Ebay store items take a while to sell, the seller isn’t required to pay for additional listings. Once listed in an Ebay store, the items stay put until they are removed by the seller.
Ebay stores offer convenience to buyers and sellers alike. They can be linked to directly, and they do not expire. For a small monthly fee, Ebay sellers get an e-store that they can customize, link to, and even temporarily take offline if they go on vacation or become otherwise indisposed. Since Ebay stores have static URLs, sellers can even register their own domain names and set them up to forward readers to the store itself. Convenience for the buyer leads to profits for the seller. Buyers will appreciate a convenient custom URL.
Niche Ebay stores are especially appealing. If you have lots of listings that fall under a common category, you should definitely think about setting up an Ebay store. Some stores are devoted to electronics or maternity clothes, while others are devoted to rare vintage items. Whatever your passion, you can build an Ebay store around it.
Another benefit of having an Ebay store is the increased exposure your merchandise receives. Ebay searches now turn up auction listings as well as store items. That means more potential buyers see your items whenever they do a search. More views translate into more money for you, the seller! And because you have a store with a static URL, you can also promote your business by placing links in your e-mail and message forum signatures. You can link to your store from your personal blog or web site. Submit the store’s URL to search engines and social networking sites. Marketing is the key to making money with your Ebay store.
For detailed store terms and conditions, visit the Ebay site. They have a host of information for prospective sellers, including everything you will need to get your Ebay store off and running. If you’re a high-volume seller or frequently list similar items, this research would be well worth your time.
Success on Adsense – 5 Quick Tips
You should read them well, and see if any of them is applicable to your contents. If it is, you must stop and attempt to fix such errors as quickly as possible. The first major no-no that everyone seems to be hitting at one point or another has to do with breaking the rules. Google's AdSense is a great program but it relies on you respecting a few set rules.
The most important thing is not to create "artificial clicks" through any means possible. Never click your own links, never ask your friends or close ones to click the links and never, by any means have your content encouraging the visitors to click the links. You run the risk of being permanently banned, and that will definitely damage your revenue.
Failing to comply with Google's terms could have your AdSense account suspended. And this is why this rule is by all means the most important one of all. It's because this is the difference between life or death. The second thing users get wrong a lot of time is having a bad color palette for ads. Many times this happens because the publishers aren't knowledgeable enough to change default color palettes.
Others just can't seem to spend enough time in changing those defaults. Having bad ads that stand out is sure to push people away from clicking; whilst having something which is clearly visible yet distinctive will. Third, of course, the position of the ads is probably the key element you should get right if you want to maximize your profits with AdSense. This is noted in a lot of places on the web and Google talks about this as well. Google can provide you with statistics which illustrate what positions work particularly well on your website.
Fourthly, banner ads are also a very bad idea if you're using AdSense. 480x60 type ads are a sure way to drive many people away as most Internet surfers have developed a natural resistance to such means of advertising. And last, but clearly not least, is not taking care of the site running the ads. Because ultimately it doesn't matter how cool the site is itself. If it doesn't have updated contents and a lot of daily visitors it will probably never earn you any serious AdSense revenues.
So these are the most important five things people get wrong while using the AdSense program. But of course if you don't like this means of expressing the issues, here are the top five things you should do to ensure your AdSense ads are constantly bringing in that revenue.
Never break Google's policy. Don't make visitors create "artificial clicks" on your website regardless of the person doing so or the reason. Make sure your ads have the right colors that blend in with your site, and make sure they're positioned in the right places to attract as many customers as possible. Always try to avoid using banner-like (480x60) adds unless you really know what you're doing and constantly keep your site fresh and up to date.
So with that in mind you should be raising your AdSense revenues in no time.
The eBay Item Listing Rules
These rules must be followed, or the person posting the item for auction can be banned from the site. Even though there are numerous categories, items that are put up for auction really only fall into one of four categories at eBay: Prohibited, Questionable, Potentially Infringing, and Approved.
Approved is the simplest category to define and understand. An approved item is any item that does not fall into one of the other three categories. That is fairly simple, right? After the ‘approved’ category, however, it starts to get a little harder to understand – with the exception of prohibited items. A prohibited item may not be auctioned on eBay for any reason, under any circumstances.
Prohibited items include alcohol, drugs, animals, tobacco, human remains or body parts of any type, lottery tickets, and governmental property. There is quite a bit more on the list, and that list can be viewed at the eBay website. Questionable items are those that are not prohibited, but are not necessarily infringing. Adult material falls under the ‘questionable’ category. Tickets of any type may also be questionable.
Law enforcement related equipment, as well as guns, knives, and other weapons are questionable items. Artifacts, food items, batteries, all hazardous chemicals and materials are also on the list of questionable items. You can auction questionable items at eBay, as long as those items meet certain conditions.
Potentially Infringing items are those that violate copyrights, trademarks, and other legal rights. These items are almost always some type of media, such as software, DVDs, and CDs, but the list contains other items as well, such as counterfeit items and illegal recordings. You can find out more about ‘potentially infringing’ items at the eBay website as well.
If you are unsure as to which category your item falls into, you should contact eBay with this question before setting up the auction. As a buyer, you should carefully consider the consequences of purchasing items that fall under one of the three categories above. In some cases, it may be very illegal to have some of those items in your possession – no matter how they were obtained.
Before making such a purchase, or bidding on such an item, you should find out more details about the item in question, and then get some legal advice.
The Best Selling Items on Ebay
Limited lifetime goods are products that are meant to be used, not put on a shelf and saved. Because of rapid changes in technology or fashion, these items will probably become obsolete before they lose functionality. They won’t last forever, but they can be put to good use in the meantime.
These goods typically include electronics, clothing, and the latest and greatest installment of anything in a rapidly evolving market. Current promotional posters and products from popular movies and television shows also fall under this category. To make the most money by selling limited lifetime goods on Ebay, you have to act fast. Pre-released electronics and game titles are among Ebay’s hottest sellers ever.
Timing is important with these products; sell them before the competition does, but after there is a definite demand. This window of opportunity can be very slim, so watch the market carefully. End-of-cycle merchandise can be bought at low prices, but make sure there’s still enough demand to justify such a purchase.
Seasonal items include holiday decorations and cold- or hot-weather clothing. The key to making money with these items is to list them before the competition does. Start a month or two ahead of time and write a convincing auction title and item description that will convince shoppers to buy early – from you.
Antiques and collectibles are a challenging market to break into due to the limit of both supply and demand. You might find a rare item that only a handful of people are interested in. Even then, one of those people would have to have enough expendable income to purchase the item. That can be difficult to coordinate, so allow yourself plenty of time to make a sale. Use other avenues of sale, too; Ebay might not be enough to move some items.
The key to making a good living selling antiques and collectibles on Ebay is to know your market. Buyers will be more likely to purchase from someone with expert knowledge. Customer service is also paramount. Remember, these high-ticket sales depend on quality over quantity. Buyers will not part with their cash if the seller ignores their questions or acts rudely. Cultivate a strong, well-deserved reputation for excellent service.
The best selling items on Ebay tend to fall into one of the three categories mentioned above. Sellers who pay attention to the fluctuations of the market, who time things right, and who don’t hesitate to snatch up a good deal for later resale, will likely find great success with their auctions.
The Best Kept Secrets of Ebay Merchants
Some foundations of success aren’t secret at all; it still takes good old fashioned hard work and customer service to become a top seller on Ebay. That being the case, there are still a few tips and tricks that separate casual hobbyists from serious Ebay merchants.
1. Keyword Managers.
Keywords are all the rage these days. Web pages with plenty of relevant words will show up on web searches. Likewise, auctions with relevant, highly searched terms will show up in Ebay searches. How do you know which terms buyers are searching for? There are subscription programs such as Keyword Pro and Ebay Pulse that generate lists of the most frequently searched terms in any given category. Add some of these terms to your own listings to increase views. (Just be sure that the words are relevant to the actual item. Nobody likes a keyword spammer, least of all Ebay.)
2. Typo Searches.
It’s a sad truth that there are some poor spellers on the Internet. When they become online merchants, they lose business because their misspelled items never turn up in Ebay searches. Luckily, Fatfingers.Com is a free web site that lets you search for common misspellings on Ebay. For example, I searched for the term “scarf”. I was then sent to Ebay’s web site, where a search was run for “sacrf”, “sxarf”, and several other typos of “scarf”. It’s amazing how many items you can find at low prices just because they were listed with incorrect spelling. Many sellers capitalize on these misspelled items, buying them low and selling them high. Let this be a lesson to prospective Ebay merchants: proofread your listings. Twice.
3. Data Analyzers.
Offline businesses use data analysis before making their decisions, so why shouldn’t you? Imagine knowing which items are selling like hot cakes and which ones aren’t really taking off. You could minimize your risk by avoiding slow sellers and snapping up soon-to-be-hot items at a discount. There are software packages that actually analyze Ebay’s data to see what’s really selling and what’s not. Hot Item Finder (www.hotitemfinder.com) is one such program. Experts agree that they can save many hours of research each week by using data analyzers. There is also a program called Auction Yen which runs analysis for Want It Now listings. It pays to know what customers really want, so these programs come highly recommended.
4. Selling Managers.
It’s vitally important to keep track of your inventory and auction listings. Ebay offers a selling manager for a low monthly cost. This online tool helps sellers track and customize their listings, print shipping labels, and more. Sellers tout this one as another great time saver.
It’s no secret that you can make a lot of money on Ebay. With these tips from the top Ebay sellers, you’ll be smiling all the way to the bank.
The Life of a Forex Trader
Forex traders use computerized platforms to access currency prices. "Desk | San Francisco" is Copyrighted by Flickr user: blupics (Blue) under the Creative Commons Attribution license.
Basics
Forex traders operate by trading currency on the foreign exchange. Typically involving the U.S. dollar and its trading partners, such as the euro, the British pound, the Japanese yen and the Canadian dollar, trades are made by simultaneously buying one currency while selling another. Traders try to time small fluctuations in currencies to make money on the difference. Forex pros may work for themselves or be employed by a brokerage or firm that specializes in trading. Forex brokerages are regulated by the National Futures Association.
Geography
As a forex trader, you need to be familiar with trade platforms, or computerized programs that report quotes on currency prices as they occur. Because currency markets are global, forex operates 24 hours a day during the trading week; as the market opens in New Zealand on Monday morning, local time, it is still only early Sunday afternoon on the East Coast in the United States. Trading continues through the day as Asian, European and North American markets open successively. For this reason, forex traders can be active much more often and for longer hours than traditional stockbrokers.
Features
Forex traders learn to develop a trading style. The two major trading styles are called technical and fundamental. Technical analysis relies on the history of price changes in a given currency pairing, while fundamental examinations incorporate world events, economic news and national policies into trading strategies. Some forex traders even combine both trading styles.
In general, your trading style will ultimately depend upon your own skills and strengths. Mathematical and statistical experts tend to like a technical style, while news junkies may gravitate toward fundamental analysis. Regardless of your preference, choosing a style will help you to ground your forex trading career with empirical evidence, rather than pure emotion.
Effects
Because of the unconventional hours of forex markets, forex traders may find themselves working nontraditional hours, such as early in the morning or on weekends or even holidays. In addition, trading on behalf of a client means that you would be risking someone else's money.
Developing confidence in forex markets, and being able to convey your strategy as well as the gravity of the risk involved, is key for any trader. As a forex trader, you may become especially busy during times of a weak stock market. This is because falling equity values cause money to flow to better opportunities. The increase in forex trading during the 2000s is partially due to investor flight to profits available in currency bets, so a forex trader needs to be prepared to work harder and more often during such periods.
Warning
Forex trading moves at a particularly fast pace. Because of the use of leverage, or small betting amounts to control large trades, it is possible to make or lose large sums of money in mere minutes or even seconds. For that reason, forex traders can expect to spend long hours in analysis and in simply watching markets move, waiting for the right opportunity to invest. As a forex trader, you will want to be keenly aware (and make any potential clients aware also) of the risk of currency trading. Like stock markets, a return is not guaranteed, and you can lose your entire initial investment on a bad play. Forex traders need to be constantly aware of their appetite for risk.
Source - eHow
The FOREX Hedging Theory
Hedging in Forex
Hedging is the practice of taking an offsetting position on an existing position in order to eliminate risk. Therefore, a hedge in Forex serves to protect against a currency rising or falling in value. International financial institutions, businesses and individual traders all make use of hedging in Forex.
Trade Risk
When a business imports or exports goods, there is an exchange rate risk. For example, a U.S. company planning to import TVs from Japan will lose money if the yen strengthens against the dollar. Therefore, that company will buy yen in the Forex market to hedge their exchange rate risk. If the yen strengthens, the profits made in Forex will offset the real world losses.
Impact of Leverage
Because of the leverage afforded by the Forex market, a hedge can be established using a relatively small amount of margin. For example, someone with a 50:1 leverage ratio only needs $2,000 margin to trade a $100,000 contract. Typically, if a Forex position moves against a trader, they are often required to deposit more margin to hold the position. However, if a position moves against a hedger, this indicates that their real world position is profitable, so they can elect to exit the Forex market or establish a new hedge if deemed necessary.
Trading Strategy
Some Forex traders utilize hedging as part of a trading strategy. In this strategy, the trader buys and sells the same currency pair simultaneously. It is usually employed in a range-bound market where a currency pair is moving back and forth in a narrow price range. The hedging trader then sets limit orders at the limits of the range to take profits and anticipates a price reversal back towards the other end of the range.
Source - eHow
Tips for Buying Collectibles on eBay.
Find your Category
You'll probably find that all the items you're after are listed in a single category. Add this category to your browser's Favorites, and keep coming back.
Look for Mistakes
If you collect something, the chances are you know a lot about it. This can be your opportunity to make a mint from a seller's mistake. They might not realise that they have a rare version of an item, or they might have left off the key information that makes it valuable. If you're willing to email the seller and ask them a few questions about the item to confirm that it is what you think it is, then you should be able to buy items like these. You can then resell them at a big profit, if that's what you want to do.
Don't Always Believe Descriptions
If you find something you haven't heard of, and the description calls it 'rare', don't assume that it actually is. Far too many sellers just put 'rare' into all of their descriptions - the chances are that the item is common and has just been described wrongly. Don't bid unless you know what you're buying.
Stalk Other Users
When you collect something, you'll probably notice that there are four or five sellers who seem to come up with consistently good items - and the same buyers buying them. Add their user pages to your Favorites, and check back often to see what they've got - or what they're bidding on - that you might be interested in.
Don't Get Too Attached to an Auction
There are millions of items being listed every day on eBay - whatever you want, it'll come around again, and if you don't get it there are plenty more things to buy. This is similar to the golden rule of negotiating: always be prepared to walk away. If you can't walk away, then expect to pay over the odds. There are few things so rare that another seller won't have one to sell. Go and bid in a lower-priced auction, instead of getting into a bidding war in one that is already expensive.
Beware of the Postage
If you collect lots of small things with a relatively low value, you might end up paying as much for postage as you do for each item. You should take these costs into consideration when you make your bid. Another good strategy is to always buy a few things at once from the same buyer, as they will almost always offer you a discount on the postage.
When you're bidding, you might notice that some auctions go more slowly than others, going days at a time without any new bids. The next email tells you how to take advantage of these 'slow' auctions.
Tips on Making Money on eBay, Not Losing It
eBay sellers are all required to pay fees to list their items for sale on eBay. You are charged two separate fees, a listing fee or insertion fee and a final value fee. For the final value fee, you are charged a percentage of the price that your item sold for. The insertion fee or listing fee is figured out a little bit differently.
Instead of being charged a percentage, you are charged a set amount. For instance, at the current moment, it costs .20 to list an item up to .99 cents and .40 to list an item for sale between $1.00 and $9.99, and the fee scale continues up in a similar fashion. Please remember that this is just a sample. eBay regularly changes their fees; therefore, you are urged not to rely on the aforementioned fee samples.
Although eBay sellers must pay the eBay fees mentioned above, many do not take the time to thoroughly understand those fees. You are advised against doing that, as it may end up costing you money. For instance, many of the price ranges for eBay’s insertion fee scale ends at .99 cents. For you, this is a great opportunity to save money, but you must know how to do so. As stated above, if you list one of your items at $9.99, the sample insertion fee would be only .40 cents.
Did you know that if you listed your item for $10.00, your insertion fee could jump up to around .60 cents! An extra .20 cents just for a penny is pretty expensive, especially if you list a number of eBay auctions that way. Before listing items for sale on eBay again, examine eBay insertion fee sale and see how you can easily save money, sometimes by just shaving a few cents off your asking price.
It has often been said that to be a successful eBay seller, you need to have good product descriptions and clear digital pictures of the item or items that you are selling. Of course, having a number of pictures in your eBay listings is a great way to increase your chances of making a sale, but it can be expensive doing so. eBay allows sellers to post one picture for free. Additional pictures can be purchased for a small fee, but that small fee can add up overtime.
For that reason, many eBay sellers limit the number of pictures they put in their auctions; however, you do not want to do this. Instead, you will want to examine photo sharing sites. Photo sharing websites, like PhotoBucket are a nice, fee way to add more pictures to your eBay auctions. Register with a photo sharing site, like PhotoBucket, follow the instructions and you should be saving money in no time at all.
The above mentioned ways are just a few of the many ways that you can save money on eBay, not lose it. In all honesty, you should do a little bit of research first. Using the internet is a great way to research selling on eBay, as many other eBay users will share their money making secrets with you, free of charge.
Tips on Managing Islamic Forex Trading Accounts
Forex account management is a very competitive and serious business. Many investors are allocating some portions of their funds on forex accounts that are managed by professionals. This is very helpful in reducing the risks and mitigating any losses arising from portfolios which include bond market and stock. Remember, the forex transaction is separated from the stock market, which is why the losses and profits are also separated.
Islamic forex trading accounts can enhance the portfolios of the traders in great ways. Keep in mind that Islamic forex trading accounts which are professionally managed regardless of the account or the manager of forex trading you have chosen should provide these things:
- The Islamic forex trading account is not tied on the operations of stock markets. It should provide better returns than treasury bonds or other money generating instruments in the market.
- It is very important that professionals who handle your account have expertise. The company should have a good reputation on the forex markets. The foreign trading accounts should be managed by experienced professionals. Take note, most transnational firms and foreign banks are employing the best people who always outperformed others. It does necessarily mean that you hired people who are graduates of Harvard. It only emphasizes that the traders should hire better trained people who can successfully manage their Islamic forex trading accounts.
- The company or professionals that handle your Islamic forex trading accounts should know how to leverage to gain maximum profits. The manager can book profits both from the rising and falling currency markets. It is recommended that weekly or monthly reports are provided for every forex transactions together with the real time reports.
- The Islamic forex trading accounts has liquidity. It should offer the traders easy money withdrawals from investors within specified intervals of time and during emergency cases.
- The Islamic forex trading accounts which are managed by professionals uses tools on statistical analysis to optimum results and maximum profits. It is because:
• The professionals know the market on trading forex. They are well educated about the currencies being trade therefore they can also accurately predict the direction of the money in the forex markets. They know the right speculation about the money being sold and bought in pairs. The rise and fall of the currency prices are well predicted so they can sell the currency with higher value and buy the currency with lower value.
• They have studied your Islamic forex trading accounts picking the forex trading system that will be compatible with it. They can choose the system letting your trades to be automated according to its history, or followed traditional valleys and peaks. This can ensure better execution of the trades preventing market manipulation.
• The professionals are well trained on dealing with real time forex market trading. Their learning experience can handle whatever market fluctuation and sees it as an opportunity in making huge profits. They are also well acquainted with the things needed in minimizing market losses.
• They know the margins of every forex trading. So, they can manage your Islamic forex trading account in such a way to avoid trading margins that can accumulate huge amount of money loss.
• They are experts on using the best forex trading strategy that will help you attain success. These strategies include the right time when to enter or exit in the forex markets. Since forex trading is also open twenty four hours a day, seven days a week, the professionals who are managing your account already know the best times to trade.
Letting your Islamic forex trading accounts be managed by professionals can ensure that it is well taken cared of. You can also attend to other activities without worrying about the future outcome of your accounts.
Tips and Tricks for Using eBay Search.
Be specific: If you're searching for the first edition of the original Harry Potter book, you'll get further searching for 'harry potter rowling philosopher's stone first edition' than you will searching for 'harry potter'. You'll get fewer results, but the ones you do get will be far more relevant.
Spell wrongly: It's a sad fact that many of the sellers on eBay just can't spell. Whatever you're looking for, try thinking of a few common misspellings - the chances are that fewer people will find these items, and so they will be cheaper.
Get a thesaurus: You should try to search for all the different words that someone might use to describe your item, for example searching for both 'TV' and 'television', or for 'phone', 'mobile' and 'cellphone'. Where you can, though, leave off the type of item altogether and search by things like brand and model.
Use the categories: Whenever you search, you'll notice a list of categories at the side of your search results. If you just searched for the name of a CD because you want to buy that CD, you should click the 'CDs' category to just look at results in that category. Why bother looking through a load of results that you don't care about?
Don't be afraid to browse: Once you've found the category that items you like seem to be in, why not click 'Browse' and take a look through the whole category? You might be surprised by what you find.
Few people realise just how powerful eBay's search engine is - a few symbols here and there and it'll work wonders for you.
Wildcard searches: You can put an asterisk (*) into a search phrase when you want to say 'anything can go here'. For example, if you wanted to search for a 1950s car, you could search for 'car 195*'. 195* will show results from any year in the 1950s.
In this order: If you put words in quotes ("") then the only results shown will be ones that have all of the words between the quote marks. For example, searching for "Lord of the Rings" won't give you any results that say, for example "Lord Robert Rings".
Exclude words: Put a minus, and then put any words in brackets that you don't want to appear in your search results. For example: "Pulp Fiction" -(poster,photo) will find items related to Pulp Fiction but not posters or photos.
Either/or: If you want to search for lots of words at once, just put them in brackets: the TV example from earlier could become '(TV,television)', which would find items with either word.
So once you've found your bargain item, bid for it and won it, what if it all goes wrong? Don't worry - eBay has a thorough dispute resolution procedure, and we'll cover it in some depth in the next article, so you'll be prepared if the worst happens.
Write Ebay Auction Titles That Buyers Will Look At
Take an honest look at your auction titles. Are they a little on the bland side, or do they inform readers about the item in exciting terms? You want to convince buyers to click on your auction without annoying them. Filling a title with excessive punctuation and special characters with no purpose other than to attract attention often backfires. Some Ebay auction titles are so full of gibberish that it’s hard to tell exactly what is being offered for sale. If a buyer finds your auction titles obnoxious, they will go with a more readable auction title from a competitor. It would be a shame to lose business just because your auction titles were too boring or too outlandish.
Do a search for completed auctions for items like the ones you sell. Look at the auction titles for inspiration. You will likely find that most of the high winners were well-written, and included specific item details. If your item is a brand name, say so in the title. If it’s new and has never been used or worn, put that in the title as well. Details make the difference between buyers clicking on your item or someone else’s.
Don’t assume that all potential buyers will search for an item’s proper spelling. Typos happen all the time. There are tools you can use, such as the free web site Fatfingers.Com, which reveal the most common misspellings of Ebay search terms. You might want to drop one or two of these in your auction title, just in case. (Incidentally, you can also use misspelled searches to find low-cost items to buy and resell. Typos in titles reduce the number of bids on items, which you can use to your advantage.)
Alternate spellings should also be utilized. For example, if you’re selling a computer on Ebay, you might state that it has a 40 gig hard drive, a 40GB HD, a 40GB disk, and so on. Try to think of terms that a buyer would actually search for, and use more than one of them.
How does one write a title so terrible that Ebay would actually remove the auction? By keyword stuffing. This involves stuffing a title with dozens of keywords that will show up often in searches, but which have no relevance to the actual item. For example, a seller wants to sell a Dallas Cowboys football jersey. In the auction title, the seller also lists the names of twenty other pro football teams, knowing that their auction will turn up in more searches because of it.
However, buyers who search for a Green Bay Packers jersey will be frustrated when they come across the keyword-stuffed listing and find that it’s not what they were looking for. Hence, keyword stuffing is a bad idea. And it can get your account suspended. Auction titles are the very first layer of marketing your goods on Ebay. Of course, your superior item quality and outstanding customer service will keep customers coming back for more, but you need great titles to attract them in the first place.
What Does Full Lots Mean in FOREX Trading
History
The framework for today's foreign exchange system goes back to the 1944 Breton Woods agreement. This created a new system of global monetary exchange between governments, corporations, and banks.
Definition
In most cases, a full-sized currency lot is an instrument representing 100,000 units of currency. One lot of Euro/U.S. dollar currency represents $100,000, two lots represent $200,000, and so forth.
Currency Units
Inter-bank currency exchanges are often conducted at the spot price, and in standard, un-leveraged unit sizes. For example, if $1 billion were swapped for 600 million pounds, the exchange would represent exactly those values. In Forex trading, however, considerable leverage is employed. This leads brokers to seek ways to standardize and simplify unit sizes for their clients.
Leverage
Most retail Forex brokers provide anywhere from 50:1 to 200:1 leverage, meaning that for every actual dollar wagered on a trade, between $50 and $200 is borrowed. For a client with 100:1 margin, the actual cost of purchasing one lot controlling $100,000 is only $1,000.
Other
Forex brokers have developed a variety of derivatives of the standard full-sized lot. The most popular are mini-lots, which are a tenth the size of full lots---or 10,000 units. Some brokers have gone even further, offering micro-lots, which are a hundredth the size of full lots, or 1,000 units.
Source - eHow
Use Ebay’s Buy It Now Feature to Your Advantage
One of Ebay’s most popular features is the “Buy It Now” option. With Buy It Now, bidders can choose to purchase the item outright at a predetermined price. This option is best suited to buyers who want the item and don’t want to risk losing it to a higher bidder. Its appeal comes from its limited availability: once a bid has been placed, Buy It Now is no longer an option. Buyers will be tempted to make the purchase right away, before someone else places a bid.
But some pros caution sellers to be careful when deciding whether to use Buy It Now on their Ebay auctions. Should you offer this option? If so, how should you price your products? Are there times when you shouldn’t offer Buy It Now?
Buy It Now can be risky for sellers. If an item is listed for its full course of seven to ten days, it has the chance to attract watchers who will place bids at the last minute. But if someone comes along and snaps up the item at its Buy It Now price, the seller will never know how much money the item would have generated otherwise. They might even wonder if they should have listed the item at a higher price.
Sometimes it makes perfect sense to use Buy It Now. Holiday shoppers in particular are going online to look for gifts, and many won’t want to wait for auctions to run their course. Additionally, the holidays are a time when impulse shopping is at its peak. By using Ebay’s Buy It Now feature over the holidays, you’re allowing buyers to make purchases before they change their minds.
When should sellers avoid Buy It Now? If you’re selling an item of uncertain value, it’s best to let that item remain on the auction block for a full seven to ten days. For example, let’s say you’ve got some collectible plates but aren’t sure how much they’re worth. If you put them up with the Buy It Now option, you might be asking for much less than the plates’ actual value. Keen collectors would certainly buy the items right away, but you would have made a much larger profit had you forced buyers to place bids.
Ebay sellers should do some research before listing items with the Buy It Now feature. Search completed auctions to see how similar items have been performing. It’s a safe rule to price your items slightly on the low side, since Buy It Now makes it much more likely that they will be purchased quickly.
But take care not to price items so low that they’re no longer profitable! Keep an eye on market trends by doing frequent searches for items in similar categories. If the market is saturated with items of this type, you could set your Buy It Now prices low, or switch to different items until the market recovered. If demand outweighs supply, go ahead and set your Buy It Now prices higher than normal.
Buy It Now is a useful feature when used correctly. Take this advice to heart and you’ll have no problem deciding which of your auctions should incorporate Buy It Now.
Why Use Google Adsense?
The answer is a definite yes. You could always have some other banner on your site, or even use some search of affiliate ad program and that would probably make you some money, given of course that your site enjoys a healthy amount of visitors. However with affiliate marketing, it is expected that the visitor from your website completes a sale before you are remunerated.
But that's nowhere near what you get for using AdSense. There are people who earn in excess of 100.000 dollars per year by using AdSense. And it doesn't just stop with making more money. Firstly, the ads are text only. That means they're by far less obtrusive on your visitors then your average, flashy banner that's designed to catch the eye of the visitor.
Sure, you'll have to ensure they get better placement, so as to be noticed but despite that they don't bother viewer’s as much as traditional ads. Think about the many sites you've seen using pop-ups, floating banners and many other schemes that will have visitors screaming in anger every time they visit the said website. You can actually do better then that, annoying people less and still making an amount of money.
Secondly, the ads are generated based on the contents of your site automatically. When you use an affiliate ad program, you have to specify certain categories that your sites belong to. However, if any page on your site falls outside of these categories, the banners aren't targeted anymore. And what that means is that you're potentially showing ads to people who don't have any interest in them and that can lead to inefficiencies.
With Google AdSense that just about never happens: the ads present on your site will always be in sync with whatever your visitors are interested in and that adds to your site's value and to the revenue it produces. What's more, the look of these banners and their size is customizable, which means they will feel more integrated with the rest of your site's content, which brings an increase in your site's overall visual quality as opposed to a traditional approach.
For many people, there's also a great problem with finding people to advertise on their site as well. AdSense is clearly the easiest solution available to this problem today. It's free to join the AdSense program and it almost takes no time at all. The potential database of websites from AdWords is larger then anything you might encounter from any competitor, numbering over 150.000 users. This means as more people compete the CPC or cost per click for search terms will inevitably rise.
Also, setting up AdSense on your site is a breeze, and you can complete the whole process in less then an hour. It takes a lot less to do then any form of affiliate advertising which is yet another reason to choose the easy AdSense approach. All you need to do is add an AdSense banner on your website (other then registering with the program of course) is to copy & paste a few lines and you're all done, you get to choose where the banners go, how large they are and how they integrate with the rest of your site.
For any webmaster out there, that's a killer scheme because it lets you draw the line between your site's usability level and the amount of advertising you wish to have. Some people need the money badly while others just keep AdSense running to pay for the hosting of their website.
AdSense is a great advertising program because a lot of thought has went into making it "just work for everyone". It works great for the people who use AdWords, for the webmasters using AdSense, and most importantly for the visitors of the websites. You need to have optimized niche website templates for best results.
What Is Swap in Forex Trading
Quoting a Swap
Swap points are the added or subtracted pips from the spot rate. pip image by Henryk Olszewski from Fotolia.com A swap rate is quoted exactly the same as a forex forward rate (130-135). It is quoted as the number of points (pips) to be added or subtracted from the spot rate. If the forward points ascend from left to right, they are added to the spot rate. For example, the GBP/USD spot rate is 1.4450-1.4452 and the forward points are 130-135; they are added to the spot rate and the forward outright rate is 1.4582-1.4587. If the forward points descend from left to right (135-130) they are subtracted from the spot rate, and the forward outright rate is 1.4315-1.4322.
Premiums
The swap points represent the difference in the interest rate level between two currencies. If the GBP/USD spot rate is, for example, 1.4400-1.4402 and the "one month forward points" are 130-135, the points are added to the spot, and the forward rate is 1.4582-1.4587, putting the base currency (the sterling pound) at a premium forward. In other words the sterling is more expensive 1 month forward than the spot rate. The percentage difference between the spot rate and the forward rate is the same percentage difference between the sterling and the dollar's one-month interest rate. With the currency which is at a premium having a lower interest rate than the other currency.
Discounts
If the swap points are quoted as 135-130, they are subtracted from the spot rate 1.4400-1.4402, making the forward rate 1.4315-1.4322. This time the base currency sterling is at a discount to the spot in the one month forward. Sterling is cheaper than it was at spot. This reflects that the sterling's one-month interest rate is higher than the dollar's one-month interest rate.
Periods
Swap rates are usually quoted for periods of one, two, three, six, nine and 12 months. They can also be quoted for two and five years.
Uses and Users
A swap is a perfect hedge against currency risk. seat and garden decoration in front of yew hedge image by L. Shat from Fotolia.com Forex or currency swaps are used to hedge against exchange or currency risk. The people who use currency swaps are treasurers of large corporations who want to: speculate on a change in interest rate differentials; use a swap as a way to borrow money for a short period of time; extend or rollover an existing forward contract; or take a view on future interest rate differentials.
Source - eHow
You Can Sell Anything on eBay – Or Can You?
Some seller’s blatantly ignore this however. The sell of other items is illegal, even if it isn’t being sold through eBay. eBay restricts the sale of any type of item that is considered ‘illegal for sale’ in any other selling format. Illegal items such as satellite descramblers are forbidden as well.
Anything that is copyrighted - such as copies of DVDs, CDs, or software - may not be sold through eBay auctions. You can, however, sell a DVD, CD, or any software that you bought legitimately …as long as you are not just selling a copy that you made of these types of items. eBay does not allow the sale of ‘replicas.’ A replica is a knockoff version of designer items, such as purses, dresses, shoes, or sunglasses that look identical to those that have designer labels.
Items that are regulated by the state or federal government are forbidden on eBay. These items include alcoholic beverages, weapons and firearms, all tobacco products, and both prescription and illegal drugs. There are small exceptions to this rule, however. If you have a collectable, such as a tin that contains tobacco, you may sell that item if the package has never been opened, and if you state the contents of the package are not meant for consumption.
There are other conditions that must be met as well when selling these types of collectables. Any type or breed of animal or reptile may not be sold through an eBay auction. This includes animals that were once living, and are now stuffed and mounted. This rule may also apply to items that are taken from endangered species, such as Ivory. When it comes to these types of items, when in doubt, don’t.
Tickets may be sold, but it is illegal to sell tickets for a higher price than you originally paid for them. This is called ticket scalping, and it is illegal. Lottery tickets are also banned from eBay auctions, as well as raffle tickets. Again, if you are not sure if your item is eligible for an eBay auction, either don’t put it up for auction, or contact eBay to get an answer one way or the other. Don’t risk!
Why Advertisers support Adsense
This has lead to over 140,000 companies choosing to advertise with them, and they advertise in a number of ways. The first way is through is through appearing on Google searches, the second is through appearing on distributors websites, and the third is through appearing in distributors search results. As advertisers appear in Google searches, the question is sometimes asked. Why do they choose to advertise with distributors as well?
One reason for this is scalability. Those who originally choose to advertise in search results and who were getting a ROI (return on investment) will decide at one point that they need to identify other advertising opportunities. With thousands of websites which have the capacity to display their adverts the advertisers can gain further exposure very quickly.
Another reason why advertisers choose to advertise in Google distributors websites is that it gains them further exposure. 60% of internet users do not use Google, so the advertiser can appeal to a wider audience through choosing to opt for distribution channels. Many website users may be looking to buy a product such as a phone, yet instead of coming across a website which sells such a product, they come across an article. If the article is on a website which contains Adsense then inevitably advertisers can use this channel to penetrate their audience.
Another reason why advertisers choose adsense is because they trust Google. The company is renowned for being an ethical company who are fun to work whilst providing free services to millions worldwide. Advertisers feel that money invested with Google is safe. Despite the evolution of click-fraud and its inevitable disadvantages for advertisers they appear to understand that this is an issue which Google wants to stop and hopefully will eventually. Advertisers are happy that Google admits a problem exits and provides refunds accordingly.
The trust in Google also stems from a trust in pricing. The pricing is set by market forces and therefore advertisers never feel that publishers or Google are overpricing the service. This means that as long as advertisers are able to advertise they will continue to do so, if not at the same rates.
Another strong advantage for advertisers is that they can appear where publishers promote their service. An example of this can seen if you consider a publisher who is discussing the benefits of new IT software. If a software retailer appears on the website then inevitably they will be the likely source from which the web surfer will purchase the product. If the surfer is not interested then you could argue that they would not click on the advert.
The service which Google provides has created an opportunity for businesses of all sizes to advertise. Although the issue of click fraud still plagues the service it is till widely regarded as the best. New businesses attempt to promote themselves on the web, whilst established brands alike choose to attract interest in their service using the same technique.