There are different forms of business. But the easiest way of making money is to trade forex. One of the leading providers of forex trading in real times basis is the global forex trading. It started out its operation since 1997. It gives chances to individuals to trade forex online on real times and it offers an opportunity to most forex brokers to earn millions each day.
Global forex trading is currently serving over one hundred countries. It uses the DealBrook FX2 software and provides twenty four hours access on the forex market. It is also equipped with the highest quality of consumer service which is widely available in the industry of forex trading.
The forex brokers are given the opportunity to have an access on the prices of over sixty currency pairs and provide analytical services from renowned experts. The traders are also updated with the latest news bulletin on currency status and available forex charts. Global forex trading is the only provider of trading platforms on forex suitable for beginners as well as professionals.
There are various advantages when trading forex. It is very accessible since it is open twenty four hours besides having the most liquid market. The leverage strategy is always available wherein the traders have the option in using a 100:1 leverage. This reduces the need for larger capitals that is to be opened on the traders account.
Forex trading has no commission and the trading is widely available over sixty currencies all over the world. Forex trading is globally available that is why the traders have wider trading opportunities regardless of any market conditions.
Don’t assume that forex trading is only for big investors because of the given advantages. Global forex trading have open the way for smaller transactions. In this way, both small and big investors are given the opportunity to gain profits from trading forex.
In rare cases, some people assume that the market for global forex trading dwarfs the equities. However, this is not true because the volume of forex trading even exceeds two trillion dollars each day. So, global forex trading is considered the leader in the field of competitive market exchange. There are several reasons why global forex trading is very exciting.
- The forex market is widely available. The traders can trade currencies twenty four hours a day, seven days a week regardless of its fluctuations. This provides greater market opportunity for traders compared to equities which can only transact business on market hours or when stock exchanges are available.
- The global forex trading potential leverage is astounding. Compared to stock trading, the trader can either trade with the money that they have or open margin accounts and double the leverage when trading. Take for example, you funded your margin accounts with 25,000 then you can control an equity position of 50,000. But in global forex trading, your original capital can obtain leverages up to 20, 50, or even 100 times.
In this manner, the traders can open a forex brokerage online with only 5,000 dollars and can control positions up to 200,000 dollars or above. And if the trader can fund an account with 10,000 dollars then he can control positions up to 500,000 dollars. So, whether the trader can only gain 5% on the positions, then it would still be equivalent to a 25,000 dollars gain with only an initial capital of 10,000 dollars.
- There are lots of traders in the forex market. However, even if it is possible to earn fast profits, the risk of losing is also very high. That is why the technical and fundamental analysis of forex markets is very important. It is advisable for traders to get forex education to have a good start. It could increase their chance of becoming successful forex traders. The traders should guard their business from potential losses.
Global forex trading is indeed a high speculative endeavor. Keep in mind that the traders who are successful in trading forex are those who are methodical, have strong controls over their emotions and impulses, fault-analytical, and disciplined. The traders can really earn big profits in just a few days of trading, it will grow as the time goes by, however only avoid making any mistakes.
7.10.11
How to Start an Ebay Business
Opening an online retail business can be complicated and costly when you lack web design savvy and start-up capital. As of June 2011, eBay allows you to sell merchandise for as little as the price of listing an item, up to $2.00 per item, plus a percentage of the sales. eBay also provides sellers with merchant processing through PayPal. If you have a just a few items to sell, or if you sell one-of-a-kind specialty items, you can list those items in the auction format, or you can open an eBay storefront for a more permanent home for your retail business.
Instructions:
1) Organize your inventory. Set the items you plan to sell on a shelf or in a closet organized by size, type or price. Whether you plan to sell new or used items, keeping them in one place makes for a more efficient selling process.
2) Purchase shipping materials. You can buy these at an office supply or discount store, depending on your budget. You can also gather used boxes from friends and family, or ask managers at local retail stores where you shop to save used boxes and packing materials for you. Organizing your shipping materials before you make your first sale helps you ship items quickly, which could boost your seller rating.
3) Take good quality photographs of your products. eBay users make buying decisions based on photographs. Take pictures of your items from multiple angles using a high-resolution digital camera. Save the pictures as .jpg files, the format required to upload the images into your eBay product listings.
4) Register for an eBay seller account. To open an account, create a username and password on eBay's homepage. Once you open an account, you can visit eBay's "Start Selling" page to list items immediately, or you can setup an eBay storefront if you have a large inventory.
5) Set up your eBay storefront. ProStores sets up eBay storefronts that allow you to list up to 100,000 products. The eBay storefront provider also gives you customized email addresses, inventory management tools that allow you to upload multiple listings and photos at a time, and search engine optimization. As of June 2011, the cost of eBay storefronts ranges between $29 and $100 per month, depending on the number of product listings.
6) List items for sale. Enter the listing by first selecting the category in which your item belongs. List a gold ring, for a example, in the "jewelry" category. Then enter a product description. Product descriptions include such product details as size, manufacturer information, product age and history, if you sell used and vintage items. To complete the listing, follow the steps provided to you in the listing template and enter the price of the item and the shipping and handling terms.
7) Market your eBay business. You can start by creating and sending an online sales flyer to your existing list of email contacts. You can also include a sales flyer signup box on your eBay storefront to grow your contact list. Your email marketing flyer can be as simple as an typed email with information about new items and prices, or more a more detailed newsletter with color photos, which you can design by opening an account with an email marketing company.
Source - eHow
Instructions:
1) Organize your inventory. Set the items you plan to sell on a shelf or in a closet organized by size, type or price. Whether you plan to sell new or used items, keeping them in one place makes for a more efficient selling process.
2) Purchase shipping materials. You can buy these at an office supply or discount store, depending on your budget. You can also gather used boxes from friends and family, or ask managers at local retail stores where you shop to save used boxes and packing materials for you. Organizing your shipping materials before you make your first sale helps you ship items quickly, which could boost your seller rating.
3) Take good quality photographs of your products. eBay users make buying decisions based on photographs. Take pictures of your items from multiple angles using a high-resolution digital camera. Save the pictures as .jpg files, the format required to upload the images into your eBay product listings.
4) Register for an eBay seller account. To open an account, create a username and password on eBay's homepage. Once you open an account, you can visit eBay's "Start Selling" page to list items immediately, or you can setup an eBay storefront if you have a large inventory.
5) Set up your eBay storefront. ProStores sets up eBay storefronts that allow you to list up to 100,000 products. The eBay storefront provider also gives you customized email addresses, inventory management tools that allow you to upload multiple listings and photos at a time, and search engine optimization. As of June 2011, the cost of eBay storefronts ranges between $29 and $100 per month, depending on the number of product listings.
6) List items for sale. Enter the listing by first selecting the category in which your item belongs. List a gold ring, for a example, in the "jewelry" category. Then enter a product description. Product descriptions include such product details as size, manufacturer information, product age and history, if you sell used and vintage items. To complete the listing, follow the steps provided to you in the listing template and enter the price of the item and the shipping and handling terms.
7) Market your eBay business. You can start by creating and sending an online sales flyer to your existing list of email contacts. You can also include a sales flyer signup box on your eBay storefront to grow your contact list. Your email marketing flyer can be as simple as an typed email with information about new items and prices, or more a more detailed newsletter with color photos, which you can design by opening an account with an email marketing company.
Source - eHow
How to Trade Bounces in the FOREX Market
Every year, thousands of aspiring traders come to the forex market to take advantage of the opportunities of 24 hour trading with a variety of trading methods. One method that has proven reliable and stood the test of time is how to trade bounces in the forex market. For the novice forex trader, trading bounces in the forex can seem a bit risky because the market is falling but using a few key steps this can be a trading methodology that wins consistently.
Instructions: Panning For Gold
1) Go to a computer with internt access and log on. Then, once you're online, go to FreeStockCharts.com and pull up a quote chart with all the currency pairs that you want to search for setups in trading bounces. Then, pull up a price chart that will link from the quote chart to the price chart. As you scan through the different currency pairs on the forex that you use for trade opportunities for this setup they will automatically pull up one by one on the price chart as you click on each symbol in the quote chart. Also, include volume at the bottom of the price chart.
2) Scan the list of currency pairs and mark down any steep decline off of a high that is accompanied by a large increase of volume. This indicates heavy sales volume as large numbers of forex traders are either selling positions and many more are trading in the direction of the decline. After the initial wave of selling watch for a rally to relieve the selling pressure.
3) Prepare for a trade entry when the price of the currency pair rallies initially but then begins to decline again to the significant low that was made. This area will become an area of potential heavy support as it is retested. Once price enters the price area of the low that was made during the initial decline you want to wait and watch for price to react and bounce up from this area to trigger a trade entry.
4) Enter a position as price travels over the highest high of the price bar that set the significant low and closes for the day above that price bar. This confirms the entry is valid and that price is bouncing back from an area of significant support.
Tips and Warnings:
You can also use Bollinger Bands on the price chart to gauge where the standard deviation of the mean of the price lies so that you can trade bounces off the bands themselves. This approach is a bit advanced so be cautious but it is reliable as well. Always use stops and plan for sound risk control when trading the forex.
Forex trading is extremely lucrative but if you don't have a method of managing your position size and risk exposure then it can be really hard on your financial life. Like a boxer, you want to have a strong defense against your opponent which for you is the forex market. Protect yourself at all times and you'll end up a winner in the end.
Source - eHow
Instructions: Panning For Gold
1) Go to a computer with internt access and log on. Then, once you're online, go to FreeStockCharts.com and pull up a quote chart with all the currency pairs that you want to search for setups in trading bounces. Then, pull up a price chart that will link from the quote chart to the price chart. As you scan through the different currency pairs on the forex that you use for trade opportunities for this setup they will automatically pull up one by one on the price chart as you click on each symbol in the quote chart. Also, include volume at the bottom of the price chart.
2) Scan the list of currency pairs and mark down any steep decline off of a high that is accompanied by a large increase of volume. This indicates heavy sales volume as large numbers of forex traders are either selling positions and many more are trading in the direction of the decline. After the initial wave of selling watch for a rally to relieve the selling pressure.
3) Prepare for a trade entry when the price of the currency pair rallies initially but then begins to decline again to the significant low that was made. This area will become an area of potential heavy support as it is retested. Once price enters the price area of the low that was made during the initial decline you want to wait and watch for price to react and bounce up from this area to trigger a trade entry.
4) Enter a position as price travels over the highest high of the price bar that set the significant low and closes for the day above that price bar. This confirms the entry is valid and that price is bouncing back from an area of significant support.
Tips and Warnings:
You can also use Bollinger Bands on the price chart to gauge where the standard deviation of the mean of the price lies so that you can trade bounces off the bands themselves. This approach is a bit advanced so be cautious but it is reliable as well. Always use stops and plan for sound risk control when trading the forex.
Forex trading is extremely lucrative but if you don't have a method of managing your position size and risk exposure then it can be really hard on your financial life. Like a boxer, you want to have a strong defense against your opponent which for you is the forex market. Protect yourself at all times and you'll end up a winner in the end.
Source - eHow
How to Start Selling on Ebay- Beginner's Guide
The thought of selling on Ebay can be so overwhelming, that you just can not muster up the courage to start. You may have wanted to sell on Ebay for years, but just do not believe it will ever happen. You can scroll, all the way to the bottom for an article I wrote on How to sell on Ebay, but this article will just give you the basics, to not overwhelm you and give you the courage to start selling on Ebay!
Instructions:
1) Go to Paypal, and register for free for an account.
This is how you get paid, once you are selling on Ebay. It is the first step. They will ask for your savings or checking account, for their safety. Once you are selling on Ebay, you will acquire Ebay fees and they want to make sure they will get paid, in case you have no funds left in your Paypal account. Paypal is completely safe. Paypal will deposit 2 small deposits into your savings or checking account to verify this is you. Once those amounts hit your account, you can verify.
2) Register at Ebay.
It is completely free, and they will prompt you through the easy process. (Relax, I am not going to have you list anything, simply sign up for now. I know how overwhelming new things can be, I have been there.)
3) Look around Ebay!
See what others are selling, you can also visit the forums. Spend some time getting familiar with the site. Also feel free to buy something. It is very simple to buy. This will also allow you to receive feedback, which will help once you go to sell!
Source - eHow
Instructions:
1) Go to Paypal, and register for free for an account.
This is how you get paid, once you are selling on Ebay. It is the first step. They will ask for your savings or checking account, for their safety. Once you are selling on Ebay, you will acquire Ebay fees and they want to make sure they will get paid, in case you have no funds left in your Paypal account. Paypal is completely safe. Paypal will deposit 2 small deposits into your savings or checking account to verify this is you. Once those amounts hit your account, you can verify.
2) Register at Ebay.
It is completely free, and they will prompt you through the easy process. (Relax, I am not going to have you list anything, simply sign up for now. I know how overwhelming new things can be, I have been there.)
3) Look around Ebay!
See what others are selling, you can also visit the forums. Spend some time getting familiar with the site. Also feel free to buy something. It is very simple to buy. This will also allow you to receive feedback, which will help once you go to sell!
Source - eHow
Price Bar Break Trading Technique in FOREX
A price bar break trading technique in the currency markets refers to a strategy that uses price bars to determine when to enter a position when you are investing in the foreign exchange market (forex). The basic concepts of the strategy are relatively simple to understand, and price bar breaks create excellent entry points into the market.
Price Bars
A price bar is a graphical depiction of the prices of a financial instrument over a period of time. Most price bars display the open, high, low and close of a financial instrument. Imagine that you drew a vertical line on a piece of paper, and the top of the line was the high, the bottom of the line was the low. You would then place a small dash on the left of your line where the market opened and a small dash on the right side of the line where the market closed. Congratulations, the line that you just drew is called a price bar. In the foreign exchange market, the markets open during the Asian time zone, and close at 5 p.m. Eastern Standard Time. There are numerous currency charting platforms that are available to the public where you can create a chart of a currency's price bar.
Price Bar Break: Entry
A price bar break is a trading strategy where you look for the high of the price bar or low of the price bar to break a specific level. One specific price bar break strategy is to enter into a currency position when the high of the price bar on a given day breaks above the high of the price bar on the previous day. When trading this strategy, you are looking for the momentum created when buyers push the currency pair above the prior days high to continue to push the market even higher. The reverse strategy is used to determine a price bar break when the market is falling. You can enter into a short currency pair position when the low of a price bar for a particular currency breaks below the low of the price bar of the previous day. Again, in this situation, you are looking for continued momentum to benefit from a price bar break.
Price Bar Break: Exit
When trading price bar breaks, it is important to manage the trade that you placed very carefully. Price bar breaks can be excellent entry points, but it is difficult to determine where you should exit your position. A good rule of thumb is to only risk 5 percent of your portfolio on any given trade. Also, if the market moves in your favor, you should place a trailing stop at your entry point. For example, if you purchased EUR/USD at 1.48 which was .0025 above yesterday's high price bar level, and the market moved to 1.485, you could put in an order to sell your position if the market moved back to 1.4800. Price bar break strategies work well if you let your profits run, and cut your losses.
Source - eHow
Price Bars
A price bar is a graphical depiction of the prices of a financial instrument over a period of time. Most price bars display the open, high, low and close of a financial instrument. Imagine that you drew a vertical line on a piece of paper, and the top of the line was the high, the bottom of the line was the low. You would then place a small dash on the left of your line where the market opened and a small dash on the right side of the line where the market closed. Congratulations, the line that you just drew is called a price bar. In the foreign exchange market, the markets open during the Asian time zone, and close at 5 p.m. Eastern Standard Time. There are numerous currency charting platforms that are available to the public where you can create a chart of a currency's price bar.
Price Bar Break: Entry
A price bar break is a trading strategy where you look for the high of the price bar or low of the price bar to break a specific level. One specific price bar break strategy is to enter into a currency position when the high of the price bar on a given day breaks above the high of the price bar on the previous day. When trading this strategy, you are looking for the momentum created when buyers push the currency pair above the prior days high to continue to push the market even higher. The reverse strategy is used to determine a price bar break when the market is falling. You can enter into a short currency pair position when the low of a price bar for a particular currency breaks below the low of the price bar of the previous day. Again, in this situation, you are looking for continued momentum to benefit from a price bar break.
Price Bar Break: Exit
When trading price bar breaks, it is important to manage the trade that you placed very carefully. Price bar breaks can be excellent entry points, but it is difficult to determine where you should exit your position. A good rule of thumb is to only risk 5 percent of your portfolio on any given trade. Also, if the market moves in your favor, you should place a trailing stop at your entry point. For example, if you purchased EUR/USD at 1.48 which was .0025 above yesterday's high price bar level, and the market moved to 1.485, you could put in an order to sell your position if the market moved back to 1.4800. Price bar break strategies work well if you let your profits run, and cut your losses.
Source - eHow
How to Use Google Adsense for your Site
Google Adsense allows you to add a small bit of javascript coding to your website or blog and make some money to go along with it.
Instructions:
1) Go to and register an account. After Google does some verification, you will receive a small bit of javascript coding to place on your website. The whole setup process is very easy to do.
2) Place the coding on your design pages of the website, and ads will begin to appear when people visit your website. The Ads will be related to the visitors location, the content of your site, or other factors.
3) You will begin to earn money based on a per-click or per-impression basis depending on the ad. Google has not released the formula they use to determine how much you will make based on the visitor clicking an advertisement. Therefore, it is unknown what you will earn for the ads. This has been a point of contention with Google Adsense.
4) Also, please note that Google will only pay you once you earn $100. For most smaller websites, this will take a very long time. However, if you choose to close your Adsense account, Google will pay out to the account holder if they have more than $10.
5) To help maximize profits, some website owners have discovered ways to trick Adsense.
Source - eHow
Instructions:
1) Go to and register an account. After Google does some verification, you will receive a small bit of javascript coding to place on your website. The whole setup process is very easy to do.
2) Place the coding on your design pages of the website, and ads will begin to appear when people visit your website. The Ads will be related to the visitors location, the content of your site, or other factors.
3) You will begin to earn money based on a per-click or per-impression basis depending on the ad. Google has not released the formula they use to determine how much you will make based on the visitor clicking an advertisement. Therefore, it is unknown what you will earn for the ads. This has been a point of contention with Google Adsense.
4) Also, please note that Google will only pay you once you earn $100. For most smaller websites, this will take a very long time. However, if you choose to close your Adsense account, Google will pay out to the account holder if they have more than $10.
5) To help maximize profits, some website owners have discovered ways to trick Adsense.
Source - eHow
How to Use Buy it Now on eBay
Buying and selling items on the Internet is a popular pastime. One of the most successful websites that enables these transactions is Ebay. On Ebay, members can list their items for sale and sell them to Ebay browsers. Members can also browse for items they want to buy and make online purchases in a relatively safe process. Many members prefer to use Ebay's "Buy It Now" feature that eliminates the need for bidding in an auction format. With "Buy It Now," the seller sets a price and the buyer accepts that price and agrees to pay it.
Instructions:
Buy It Now for Buyers
1) Log in to your Ebay account with your user name and password.
2) Browse the item listings within Ebay to find an item you wish to purchase. Items that have a "Buy It Now" icon in the listing have this option available for buyers.
3) Find an item you think is interesting. Read the description carefully and make sure it is acceptable for bidding. Read the seller's terms completely. Look at the shipping costs and make sure they are reasonable. Add these costs to the item price to reach the full price for the item. Check any guarantees and read the seller's return policy.
4) Click the "Buy It Now" button if you are certain you wish to buy the item. This is a commitment to purchase the item, so do not click this button unless you are sure you want to make the purchase.
5) Confirm your purchase and choose the method you want to use to pay for the item. Pay for the item.
Buy It Now for Sellers
1) Log in to your Ebay account with your user name and password.
2) Create a listing for your item. You can offer an auction listing with a "Buy It Now" option or you can only offer your item for the fixed "Buy It Now" price. If you opt to sell the item only at a fixed price, you must meet certain requirements set forth by Ebay and you must set the item price for at least $1.00.
3) Add the item information to the listing. Add pictures and specific information about the item for potential buyers.
4) Choose the selling options you want to use for the listing. Read the options carefully because some options involve extra fees. Finalize the listing to finish.
Source - eHow
Instructions:
Buy It Now for Buyers
1) Log in to your Ebay account with your user name and password.
2) Browse the item listings within Ebay to find an item you wish to purchase. Items that have a "Buy It Now" icon in the listing have this option available for buyers.
3) Find an item you think is interesting. Read the description carefully and make sure it is acceptable for bidding. Read the seller's terms completely. Look at the shipping costs and make sure they are reasonable. Add these costs to the item price to reach the full price for the item. Check any guarantees and read the seller's return policy.
4) Click the "Buy It Now" button if you are certain you wish to buy the item. This is a commitment to purchase the item, so do not click this button unless you are sure you want to make the purchase.
5) Confirm your purchase and choose the method you want to use to pay for the item. Pay for the item.
Buy It Now for Sellers
1) Log in to your Ebay account with your user name and password.
2) Create a listing for your item. You can offer an auction listing with a "Buy It Now" option or you can only offer your item for the fixed "Buy It Now" price. If you opt to sell the item only at a fixed price, you must meet certain requirements set forth by Ebay and you must set the item price for at least $1.00.
3) Add the item information to the listing. Add pictures and specific information about the item for potential buyers.
4) Choose the selling options you want to use for the listing. Read the options carefully because some options involve extra fees. Finalize the listing to finish.
Source - eHow
How to trade currency online (Forex)
Currency trade know as forex. If you like to know the stock trading or future trading. You may also like to know currency trading. In some way, they are similar, but more risk. On the other hand, more earning in short time.
Instructions:
1) Search online for "currency trade" or "forex". There are many agents all over the world. You don't need to be US to trade "money". But, there are several US companies provide service over sea. For example, "Forex.com", "FCXM.com" and "e-trade". You will find more than this list.
2) Sing up for practice account. Most company provide free practice account with real time market. It is good opportunity for people to know this trading and to see are they fitting to this kind of trading.
3) Also read all the learning information on the web site. You must read through the learning material. Most of them you may know if you familiar with stock trading or some other online trading. But you still need to read. Currency trading is much high risk than other trading.
4) After you have basic knowledge and try with your practice account. You than make the decision to start trading on real market or just go away.
Tips and Warnings:
Not every one enjoy the forex. SO it is ok to give up after practice account. It is very high risk trading, don't sign up real market without test in practice account.
Source - eHow
Instructions:
1) Search online for "currency trade" or "forex". There are many agents all over the world. You don't need to be US to trade "money". But, there are several US companies provide service over sea. For example, "Forex.com", "FCXM.com" and "e-trade". You will find more than this list.
2) Sing up for practice account. Most company provide free practice account with real time market. It is good opportunity for people to know this trading and to see are they fitting to this kind of trading.
3) Also read all the learning information on the web site. You must read through the learning material. Most of them you may know if you familiar with stock trading or some other online trading. But you still need to read. Currency trading is much high risk than other trading.
4) After you have basic knowledge and try with your practice account. You than make the decision to start trading on real market or just go away.
Tips and Warnings:
Not every one enjoy the forex. SO it is ok to give up after practice account. It is very high risk trading, don't sign up real market without test in practice account.
Source - eHow
Recognizing Target Market
Achieving good sales is the ultimate target of any firm. Many criteria, such as competitive pricing, near perfect product, reaching out to correct audience and motivational advertising, are responsible for this and should be dealt with in marketing.
First things first, all the efforts will go futile if the correct audience is not recognized. It is the major factor in getting abundant sales, because the right customers aren’t targeted, they won’t buy the product. The right customers are known as targeted customers or niche market, those who will be happy to buy products that fulfill their needs and is also less pricey.
Small businesses shouldn’t fear competition with large companies as they produce products considering a bigger spectrum, which sometimes won’t be customer specific as the products are more generalized and they don’t much care about the competition they might get from others. This gives an opportunity to the smaller firms to produce products, which can cater to the need of a section of people whose needs aren’t met specifically by the large companies.
Although it seems like a silly question, but firstly, a firm should understand who are the people they want to target. The success lies behind understanding this, which requires thorough research and analysis. Various factors must be considered. The age group is the first factor, whether the product will be useful to babies or children or teenagers or youngsters or middle aged or old.
Sometimes there is a possibility that the product will cater to the needs of all age groups. Next thing to consider is gender. Marital status, occupation, ethnic background, health status, income status, education, hobbies, etc., are some of the factors that should also be pondered upon.
After decided upon the customer group to be targeted, the benefits that can be provided by the product to this group should be jotted down. A thorough examination of the service or product should be done for this purpose. If there is sufficient time, a survey can be conducted on the current customers and pose them with questions like what they liked in the products they are using, anything discomfort they are facing, do they want anything to be changed to make the product better, etc.
After making a list of all the benefits, thought should be applied to which of these benefits will actually help the targeted audience. Make a short list of the benefits that will be advantageous and send it to the marketing department. It can surely help in their marketing plan and can boost up sales.
Internet has made reaching out to the targeted customers can be very easy. Search engines can be utilized to the maximum extent for this purpose. The thing to be exactly searched can be typed as a keyword or search phrase in the search engines and the results brought on the first three pages will be of great value. But lots of time and investment is involved in this process, as different keywords will fetch different search results. So efforts should be made to finally get what is desired.
Next best thing is reaching out by newsletters and ezines. Many ezines are related to marketing, finance, shopping, Internet, etc. A number of ezines websites can be found in an ezines directory, which even contains the contact information, advertising price, etc. The list of ezines website sites should be cut down to which are relating to the target market and ad should be placed in the ones selected which should include all the product advantages if the ad allows that many words.
Recognizing the target market is crucial to any successful advertising and sales campaign. Once it is recognized, they can be reached through different channels like websites, newspapers, magazines, etc. This makes the customer think that he is being directly addressed to. And since the whole approach will interest them, the amount of traffic received in return will be simply overwhelming and the whole effort will be worth it.
First things first, all the efforts will go futile if the correct audience is not recognized. It is the major factor in getting abundant sales, because the right customers aren’t targeted, they won’t buy the product. The right customers are known as targeted customers or niche market, those who will be happy to buy products that fulfill their needs and is also less pricey.
Small businesses shouldn’t fear competition with large companies as they produce products considering a bigger spectrum, which sometimes won’t be customer specific as the products are more generalized and they don’t much care about the competition they might get from others. This gives an opportunity to the smaller firms to produce products, which can cater to the need of a section of people whose needs aren’t met specifically by the large companies.
Although it seems like a silly question, but firstly, a firm should understand who are the people they want to target. The success lies behind understanding this, which requires thorough research and analysis. Various factors must be considered. The age group is the first factor, whether the product will be useful to babies or children or teenagers or youngsters or middle aged or old.
Sometimes there is a possibility that the product will cater to the needs of all age groups. Next thing to consider is gender. Marital status, occupation, ethnic background, health status, income status, education, hobbies, etc., are some of the factors that should also be pondered upon.
After decided upon the customer group to be targeted, the benefits that can be provided by the product to this group should be jotted down. A thorough examination of the service or product should be done for this purpose. If there is sufficient time, a survey can be conducted on the current customers and pose them with questions like what they liked in the products they are using, anything discomfort they are facing, do they want anything to be changed to make the product better, etc.
After making a list of all the benefits, thought should be applied to which of these benefits will actually help the targeted audience. Make a short list of the benefits that will be advantageous and send it to the marketing department. It can surely help in their marketing plan and can boost up sales.
Internet has made reaching out to the targeted customers can be very easy. Search engines can be utilized to the maximum extent for this purpose. The thing to be exactly searched can be typed as a keyword or search phrase in the search engines and the results brought on the first three pages will be of great value. But lots of time and investment is involved in this process, as different keywords will fetch different search results. So efforts should be made to finally get what is desired.
Next best thing is reaching out by newsletters and ezines. Many ezines are related to marketing, finance, shopping, Internet, etc. A number of ezines websites can be found in an ezines directory, which even contains the contact information, advertising price, etc. The list of ezines website sites should be cut down to which are relating to the target market and ad should be placed in the ones selected which should include all the product advantages if the ad allows that many words.
Recognizing the target market is crucial to any successful advertising and sales campaign. Once it is recognized, they can be reached through different channels like websites, newspapers, magazines, etc. This makes the customer think that he is being directly addressed to. And since the whole approach will interest them, the amount of traffic received in return will be simply overwhelming and the whole effort will be worth it.
How to Trade Forex With the Big Banks
Foreign exchange, Forex and FX are all names for the same thing: trading currencies. The Forex market is the largest in the world, trading over $3 trillion every day, according to ForexTrading.com. Trading within the intrabank network allows for the narrowest spreads and highest liquidity (the spread is the difference between the best buy and sell price). Banks trade within Electronic Communication Networks, or ECNs, which connect the world's leading banks together. Currently, Currenex was voted by Global Finance as the best FX Bank Trading System. It won the award as it offers prices from 70 of the world's biggest banks. To trade within this network, all one has to do is open an account with a FOREX firm where its trades are all routed to Currenex.
Instructions:
1) Visit the Currenex website to find Forex firms that use the Currenex network (see Resources). Research "White Label Partners" and request an account that trades directly within the Currenex network, or with Currenex itself.
2) Choose a broker by evaluating their demo platform product and reviewing their commission structures. Forex brokers offer varying platforms. Some offer more robust charting software than others, and the appearance of their price quotes and order entry systems may differ. Basically, you get what you pay for; brokers with low commissions tend to have low-end platforms as well.
3) Check account minimums and fund your account accordingly.
4) Use trading platform to place trades within the intrabank network.
Tips and Warnings:
ECNs offer floating spreads. This means that the spreads of each currency pair will change. During times of increased market action, liquidity will increase and spreads will tighten, allowing for the best order executions. During times of important economic news releases, spreads can widen and move rapidly. Trading during this time may lead to receiving filled orders at unexpected prices.
Source - eHow
Instructions:
1) Visit the Currenex website to find Forex firms that use the Currenex network (see Resources). Research "White Label Partners" and request an account that trades directly within the Currenex network, or with Currenex itself.
2) Choose a broker by evaluating their demo platform product and reviewing their commission structures. Forex brokers offer varying platforms. Some offer more robust charting software than others, and the appearance of their price quotes and order entry systems may differ. Basically, you get what you pay for; brokers with low commissions tend to have low-end platforms as well.
3) Check account minimums and fund your account accordingly.
4) Use trading platform to place trades within the intrabank network.
Tips and Warnings:
ECNs offer floating spreads. This means that the spreads of each currency pair will change. During times of increased market action, liquidity will increase and spreads will tighten, allowing for the best order executions. During times of important economic news releases, spreads can widen and move rapidly. Trading during this time may lead to receiving filled orders at unexpected prices.
Source - eHow
Introducing the New eBay "Buyer's Credit" Program.
In an effort to compete with more 'traditional' shops, eBay has started to offer finance agreements though PayPal for expensive items. This means that, if the seller decides to offer it, you can now spread the cost of an item into affordable monthly payments.
This is good for buyers, good for sellers, and good for eBay. Buyers can get the kind of credit agreements they're used to in shops. Sellers can make their items more attractive to buyers who might not have all the money then and there, but eBay still pays the sellers upfront - they don't have to wait to be paid each month or anything like that. Buyers make their monthly payments to PayPal's credit provider instead.
The APR of the Buyer's Credit program is currently 12.9%. You can pay back $999 or more over 12 months, or $1,999 or more over 24 months. There are also interest-free options for purchases of $199 or more over 3, 6 or 12 months. The reason why some of these credit offers sound better than others is that it is up to the seller to decide how good the credit offer should be and pay extra to PayPal to offer it.
To give their buyer the best promotion, for example, of no interest for twelve months, the seller must pay 3.75% of the item's cost to PayPal. Basically, this means that sellers pay less when the buyers pay interest, and sellers pay the cost of the interest on the interest-free offers. PayPal makes its interest either way, buyers are happy to get credit, and sellers are happy to sell more.
Can I Get This Credit?
On items over $199, Buyer's Credit is now being automatically offered to buyers in the USA only. Just click the link when you buy something for more than $199 and you will be taken through the application process, which includes a 30-second check on your credit history. Then you just go through the buying process as normal, and you get your item before you've paid a penny.
Why are eBay Offering This?
eBay say they want to "level the playing field", to allow eBay businesses to compete with the big chain stores, and they also want to promote PayPal as a payment method. Relatively few buyers can afford the more expensive items on eBay all at once, and so the introduction of Buyer's Credit seems likely to significantly increase prices and sales at the higher end of the market.
It is worth noting that you can use Buyer's Credit anywhere PayPal is accepted, not just on eBay. PayPal say it's "like a credit card - minus the card!" You don't get a card number - you can pay with credit with just your email address and password.
The only thing left to do now, then, is find the best deal for that really special item - the expensive thing you've been wanting for ages but could never afford. But how can you be sure you're getting the best price? Try our tips and tricks for eBay searching, in the next email.
This is good for buyers, good for sellers, and good for eBay. Buyers can get the kind of credit agreements they're used to in shops. Sellers can make their items more attractive to buyers who might not have all the money then and there, but eBay still pays the sellers upfront - they don't have to wait to be paid each month or anything like that. Buyers make their monthly payments to PayPal's credit provider instead.
The APR of the Buyer's Credit program is currently 12.9%. You can pay back $999 or more over 12 months, or $1,999 or more over 24 months. There are also interest-free options for purchases of $199 or more over 3, 6 or 12 months. The reason why some of these credit offers sound better than others is that it is up to the seller to decide how good the credit offer should be and pay extra to PayPal to offer it.
To give their buyer the best promotion, for example, of no interest for twelve months, the seller must pay 3.75% of the item's cost to PayPal. Basically, this means that sellers pay less when the buyers pay interest, and sellers pay the cost of the interest on the interest-free offers. PayPal makes its interest either way, buyers are happy to get credit, and sellers are happy to sell more.
Can I Get This Credit?
On items over $199, Buyer's Credit is now being automatically offered to buyers in the USA only. Just click the link when you buy something for more than $199 and you will be taken through the application process, which includes a 30-second check on your credit history. Then you just go through the buying process as normal, and you get your item before you've paid a penny.
Why are eBay Offering This?
eBay say they want to "level the playing field", to allow eBay businesses to compete with the big chain stores, and they also want to promote PayPal as a payment method. Relatively few buyers can afford the more expensive items on eBay all at once, and so the introduction of Buyer's Credit seems likely to significantly increase prices and sales at the higher end of the market.
It is worth noting that you can use Buyer's Credit anywhere PayPal is accepted, not just on eBay. PayPal say it's "like a credit card - minus the card!" You don't get a card number - you can pay with credit with just your email address and password.
The only thing left to do now, then, is find the best deal for that really special item - the expensive thing you've been wanting for ages but could never afford. But how can you be sure you're getting the best price? Try our tips and tricks for eBay searching, in the next email.
How to Think Like an eBay PowerSeller.
So what's a PowerSeller? PowerSellers are the people on eBay who've made it, recognisable by the little 'PowerSeller' badge next to their name. You've probably seen these people around - and to succeed on eBay, you want to think the way they do.
How to People Get the Right to Call Themselves PowerSellers?
eBay gets to decide who can be a PowerSeller and who can't, and they have strict requirements. To get in at the minimum PowerSeller level, you must have a feedback rating of at least 100 (minimum 98% positive) and sell at least $1,000 worth of items every month for three months in a row. There are different levels of PowerSeller membership as you sell items of greater value: $1,000 total is bronze, $3,000 is silver, $10,000 is gold, $25,000 is platinum and $125,000 is titanium.
If PowerSellers ever fail to meet the required amount of sales, or their feedback falls below 98% positive, then they lose their PowerSeller status. In short, the only people who get to be PowerSellers on eBay are the people who have been successful for a good while, and are on track to stay that way.
The Shop and the Marketplace
This is the most important part of understanding how PowerSellers think. They don't see what they're doing as being some random bazaar, or a hobby - instead, they see themselves as a business.
Put it like this. If you run a stall in a marketplace, the chances are that you have a general area of business, but you mostly just sell whatever you can get your hands on that week. If your dodgy buddy got his hands of a job lot of something at a discount, then that's what you'll be selling. This might be fun - and when you have a good week, you'll have a really good week - but it's no way to run a real business in the long-term.
PowerSellers think far more like shops. They sell the same things again and again, every week - regular stock for regular customers. They do 'boring' business things like keep inventories and budgets. They know what they're going to be selling, how much they buy it for and how much they expect to sell for. Just like a real shop, there can be hard times sometimes, but their income is stable and their business can grow slowly.
The best advice I can give you on thinking like a PowerSeller is this: don't take long-term risks for short-term gain. Look after your reputation, manage your selling properly, provide good customer service and the rewards will come to you in due course. And you'll get a little badge next to your name that makes people trust you more!
One possibility that you might have realised so far is what eBay can do for any other businesses you might have. Remember, millions of people visit eBay every day - why keep everything separate when you're starting to tap into that kind of power? The next email will show you a few ways you can use eBay to grow your other businesses.
How to People Get the Right to Call Themselves PowerSellers?
eBay gets to decide who can be a PowerSeller and who can't, and they have strict requirements. To get in at the minimum PowerSeller level, you must have a feedback rating of at least 100 (minimum 98% positive) and sell at least $1,000 worth of items every month for three months in a row. There are different levels of PowerSeller membership as you sell items of greater value: $1,000 total is bronze, $3,000 is silver, $10,000 is gold, $25,000 is platinum and $125,000 is titanium.
If PowerSellers ever fail to meet the required amount of sales, or their feedback falls below 98% positive, then they lose their PowerSeller status. In short, the only people who get to be PowerSellers on eBay are the people who have been successful for a good while, and are on track to stay that way.
The Shop and the Marketplace
This is the most important part of understanding how PowerSellers think. They don't see what they're doing as being some random bazaar, or a hobby - instead, they see themselves as a business.
Put it like this. If you run a stall in a marketplace, the chances are that you have a general area of business, but you mostly just sell whatever you can get your hands on that week. If your dodgy buddy got his hands of a job lot of something at a discount, then that's what you'll be selling. This might be fun - and when you have a good week, you'll have a really good week - but it's no way to run a real business in the long-term.
PowerSellers think far more like shops. They sell the same things again and again, every week - regular stock for regular customers. They do 'boring' business things like keep inventories and budgets. They know what they're going to be selling, how much they buy it for and how much they expect to sell for. Just like a real shop, there can be hard times sometimes, but their income is stable and their business can grow slowly.
The best advice I can give you on thinking like a PowerSeller is this: don't take long-term risks for short-term gain. Look after your reputation, manage your selling properly, provide good customer service and the rewards will come to you in due course. And you'll get a little badge next to your name that makes people trust you more!
One possibility that you might have realised so far is what eBay can do for any other businesses you might have. Remember, millions of people visit eBay every day - why keep everything separate when you're starting to tap into that kind of power? The next email will show you a few ways you can use eBay to grow your other businesses.
How to Win EBay Items in Auctions Cheap
When you bid for an auction item on eBay, you want to win the item at the cheapest price you can get. But do you ever find yourself losing the auction - or what's almost worse, bidding higher than you intended? Here are savvy bidder tips on how to win eBay items in auctions cheap, paying the cheapest price you possibly can.
Instructions:
1) Consider sniping the eBay auction if you want to pay a cheap price. Snipers, those who place a maximum bid with proxy service to be entered automatically seconds before the auction closes, often do win the auction at a price they want. If you snipe, and never physically bid on eBay, you also avoid the dreaded "bidding fever" that jacks up the price.
2) To win the eBay item cheap, place the auction in your Watch list. Now search on eBay for duplicates. Commonly, a seller will list several auctions for duplicates of the same item. Ironically, many eBay bidders are often drawn to only one auction listing, bidding up the price, while the other auction listings go unnoticed. Place any duplicate listings in your eBay watch list as well so you can bid on the lowest priced one.
3) Study the eBay auction listing closely, reading every detail about the condition of the item and examining each picture. Learn the current market value of the auction item by searching for completed listings on eBay in the Advanced Search and noting what similar items have sold for recently. This research is helpful if you want to win eBay items in auctions cheap.
4) Armed with this information, decide on the amount you're willing to pay on eBay. Be cheap, but be realistic. Form a range from your most desired price to the maximum price you're willing to go. Write these numbers down.
5) Determine the time and day the eBay auction ends. Plan to be present for the end of the auction. You are unlikely to win the auction item at a cheap price unless you are there to monitor the auction's end.
6) Now comes the hard part. Wait. Bite your nails and resist the urge to bid on the eBay auction. Forget about your wish to win the auction. Forget about wanting a cheap price. Watch. Watch as others bid up the item or as the item seems to go unnoticed. (It's not. There's a 99% chance you'll have competition.)
7) Unless your connectivity is suspect or your computer is prone to crashes, wait to place a bid on the auction until the last ten minutes of the auction. Right before it's time to place the bid, drink a cup of soothing herbal tea. Repeat this mantra: "I will not engage in bidding fever just because I desperately want to buy this auction item at a cheap price. I will not engage in bidding fever....I will not...oops, it's time to bid!"
8) Place the first of what will be several bids on the eBay auction. Bid up the item only a small increment (say, a couple of bucks for a $20 item). Your goal here is not to win the auction right now, but rather to bid just above the current highest proxy bid. Keep placing these small increment bids until you are the current high bidder. Place one more proxy bid in a small increment to top off your own bid. (As with all proxy bids, it won't count until your competition bids you up.)
9) Now pause. Here you are bluffing it out - giving the impression you're done, that you reached your maximum. This will psyche the other eBay bidders into placing a maximum bid of their own that is less than their true maximum - in other words, keeping their bids "cheap."
10) It's best not to even check to see whether you're winning the auction or not. But who has that kind of discipline? Refresh the auction listing to see the current status of the bidding. Repeat every ten seconds until just one minute before the eBay auction ends.
11) One minute before the auction ends, enter your maximum bid determined in Step 3. Do this whether or not you are currently the high bidder or not. Confirm the bid and step away from the computer. Forget about eBay. Don't look back. You've done all you can to win an auction item on eBay cheap.
12) Go fetch your cup and sip the dregs of your soothing herbal tea. Now return to your computer and check the auction on eBay. If all went well, you've just managed to win the eBay item at your maximum bid price or less...as cheap as you can. If not...well, nothing is guaranteed, not even that rare limited edition 1928 Mickey Mouse paperclip holder that you were sure nobody else wanted the way you wanted it...
13) This method is one of the best ways to win an eBay auction at the cheapest price possible. You won't win every auction cheap, but you will win some. And most importantly you'll never be kicking yourself for buying something on eBay that you can't afford.
Instructions:
1) Consider sniping the eBay auction if you want to pay a cheap price. Snipers, those who place a maximum bid with proxy service to be entered automatically seconds before the auction closes, often do win the auction at a price they want. If you snipe, and never physically bid on eBay, you also avoid the dreaded "bidding fever" that jacks up the price.
2) To win the eBay item cheap, place the auction in your Watch list. Now search on eBay for duplicates. Commonly, a seller will list several auctions for duplicates of the same item. Ironically, many eBay bidders are often drawn to only one auction listing, bidding up the price, while the other auction listings go unnoticed. Place any duplicate listings in your eBay watch list as well so you can bid on the lowest priced one.
3) Study the eBay auction listing closely, reading every detail about the condition of the item and examining each picture. Learn the current market value of the auction item by searching for completed listings on eBay in the Advanced Search and noting what similar items have sold for recently. This research is helpful if you want to win eBay items in auctions cheap.
4) Armed with this information, decide on the amount you're willing to pay on eBay. Be cheap, but be realistic. Form a range from your most desired price to the maximum price you're willing to go. Write these numbers down.
5) Determine the time and day the eBay auction ends. Plan to be present for the end of the auction. You are unlikely to win the auction item at a cheap price unless you are there to monitor the auction's end.
6) Now comes the hard part. Wait. Bite your nails and resist the urge to bid on the eBay auction. Forget about your wish to win the auction. Forget about wanting a cheap price. Watch. Watch as others bid up the item or as the item seems to go unnoticed. (It's not. There's a 99% chance you'll have competition.)
7) Unless your connectivity is suspect or your computer is prone to crashes, wait to place a bid on the auction until the last ten minutes of the auction. Right before it's time to place the bid, drink a cup of soothing herbal tea. Repeat this mantra: "I will not engage in bidding fever just because I desperately want to buy this auction item at a cheap price. I will not engage in bidding fever....I will not...oops, it's time to bid!"
8) Place the first of what will be several bids on the eBay auction. Bid up the item only a small increment (say, a couple of bucks for a $20 item). Your goal here is not to win the auction right now, but rather to bid just above the current highest proxy bid. Keep placing these small increment bids until you are the current high bidder. Place one more proxy bid in a small increment to top off your own bid. (As with all proxy bids, it won't count until your competition bids you up.)
9) Now pause. Here you are bluffing it out - giving the impression you're done, that you reached your maximum. This will psyche the other eBay bidders into placing a maximum bid of their own that is less than their true maximum - in other words, keeping their bids "cheap."
10) It's best not to even check to see whether you're winning the auction or not. But who has that kind of discipline? Refresh the auction listing to see the current status of the bidding. Repeat every ten seconds until just one minute before the eBay auction ends.
11) One minute before the auction ends, enter your maximum bid determined in Step 3. Do this whether or not you are currently the high bidder or not. Confirm the bid and step away from the computer. Forget about eBay. Don't look back. You've done all you can to win an auction item on eBay cheap.
12) Go fetch your cup and sip the dregs of your soothing herbal tea. Now return to your computer and check the auction on eBay. If all went well, you've just managed to win the eBay item at your maximum bid price or less...as cheap as you can. If not...well, nothing is guaranteed, not even that rare limited edition 1928 Mickey Mouse paperclip holder that you were sure nobody else wanted the way you wanted it...
13) This method is one of the best ways to win an eBay auction at the cheapest price possible. You won't win every auction cheap, but you will win some. And most importantly you'll never be kicking yourself for buying something on eBay that you can't afford.
Tips and Warnings:
At any point, if the eBay auction is bid up higher than your maximum bid price, walk away. Say goodbye. As they say in Buddhist philosophy, just...let it go. Early first bids rarely win eBay auctions. To win eBay items in auctions cheap, ignore any suggestions to place early bids. Ignore the temptation to place a maximum proxy bid. Proxy bids and early bids don't discourage competitive bidding. They drive up bid prices. Understand the psychology of auction bidding and the behavior of eBay bidders. Bids are driven up by competitive bidding fever. Bidders are extremely likely to top their highest bid when they compete against one or more other bidders.
Bid irregular amounts likely to top similar bids. For example, $18.53 or $18.01 will top $18.50 or $18.00 bids, respectively. However, bidding irregular amounts likely to fall just under similar bids, such as $17.99, will quickly lose you the auction. Snipers, those who place automated or manual bids in the last few seconds before an auction ends, may snipe the auction item out from under you. There's not much you can do about this except use a sniping service, yourself, and bidding your true maximum.
Source - eHow
Pros and Cons of Shopping on eBay
Are you a relatively new fan of online shopping? If you are, you may have not yet had the chance to examine eBay. Even if you have never shopped on eBay, there is a good chance that you already know exactly what it is. eBay is an online auction website that allows internet users to sell items that they own, but not longer need or want to have. This is what makes eBay the largest online market place, as just about anyone can buy or sell there. However, with just about anything else you find online, shopping on eBay has its pros and it cons.
One of the biggest pros to shopping on eBay is the large selection of products that you will have to choose from. You can find just about anything on eBay, within reason of course. It is not uncommon to find cars for sale, baby toys, clothing, home décor items, computers, gaming consoles, and much more. Items found on eBay can be purchased in either new or used conditions. It is also important to note that many eBay sellers end up selling the same or similar items. For you, this also enables you to compare prices; to get the best deals.
Another pro to shopping on eBay is that it is relatively easy to do. Once you have registered for a free account with eBay, you are able to start shopping on eBay. When shopping on eBay, you can easily find what you are looking for. In fact, that is another pro of shopping on eBay; the ease of finding what you want. With a simple eBay search or even an advanced search, you could find a number of products that fit the description as to what you are looking for. By viewing those items, you can then decide if you want to purchase them or not.
Speaking of making purchases on eBay, you will also find that it is easy to do. As stated above, eBay allows internet users to post items for sale that they no longer need or want. While still following eBay’s rules, these sellers have a little bit of flexibility, such as how much money they want to charge for their products, as well as what methods of payment they accept. Although some eBay sellers are limited on the methods of payment that they accept, you will find that most are fairly flexible. For instance, common forms of accepted payments of eBay include PayPal, money orders, and personal checks; making it easy and safe to buy on eBay.
Although there are a number of pros to shopping on eBay, it is also important to mention the cons, as there are some of those as well. One of the biggest cons or downsides to shopping on eBay is that eBay is home to a number of scammers. While eBay works hard to eliminate these scams and shield buyers, like you, from them, there are some that get past security. With that in mind, if you proceed with caution, you should be able to safely shop eBay, without any problems. The few eBay scams that you will want to be on the lookout for involves sellers that advertise they have products that they don’t really have, sellers who claim products are in excellent condition when they are not, and others along those lines.
In connection with eBay scams, another downside to eBay is that just about anyone can become an eBay seller. This means that someone who has every intention of taking your money, but not delivering a product can register for an account with eBay and start selling. Of course, eBay catches onto these sellers pretty quickly and, most of the time, their accounts are disabled. With keeping that in mind, you just need to watch who you do business with. Be on the lookout for any sellers with a large number of negative feedback ratings or sellers who are new to eBay.
As you can see, there are a number of pros and cons to doing your shopping with eBay. For the most part, most eBay buyers have a positive experience with eBay. If you watch what you are doing, namely what you choose to buy and from whom, you should also be able to have a positive experience on eBay; one that will likely bring you back for more shopping.
One of the biggest pros to shopping on eBay is the large selection of products that you will have to choose from. You can find just about anything on eBay, within reason of course. It is not uncommon to find cars for sale, baby toys, clothing, home décor items, computers, gaming consoles, and much more. Items found on eBay can be purchased in either new or used conditions. It is also important to note that many eBay sellers end up selling the same or similar items. For you, this also enables you to compare prices; to get the best deals.
Another pro to shopping on eBay is that it is relatively easy to do. Once you have registered for a free account with eBay, you are able to start shopping on eBay. When shopping on eBay, you can easily find what you are looking for. In fact, that is another pro of shopping on eBay; the ease of finding what you want. With a simple eBay search or even an advanced search, you could find a number of products that fit the description as to what you are looking for. By viewing those items, you can then decide if you want to purchase them or not.
Speaking of making purchases on eBay, you will also find that it is easy to do. As stated above, eBay allows internet users to post items for sale that they no longer need or want. While still following eBay’s rules, these sellers have a little bit of flexibility, such as how much money they want to charge for their products, as well as what methods of payment they accept. Although some eBay sellers are limited on the methods of payment that they accept, you will find that most are fairly flexible. For instance, common forms of accepted payments of eBay include PayPal, money orders, and personal checks; making it easy and safe to buy on eBay.
Although there are a number of pros to shopping on eBay, it is also important to mention the cons, as there are some of those as well. One of the biggest cons or downsides to shopping on eBay is that eBay is home to a number of scammers. While eBay works hard to eliminate these scams and shield buyers, like you, from them, there are some that get past security. With that in mind, if you proceed with caution, you should be able to safely shop eBay, without any problems. The few eBay scams that you will want to be on the lookout for involves sellers that advertise they have products that they don’t really have, sellers who claim products are in excellent condition when they are not, and others along those lines.
In connection with eBay scams, another downside to eBay is that just about anyone can become an eBay seller. This means that someone who has every intention of taking your money, but not delivering a product can register for an account with eBay and start selling. Of course, eBay catches onto these sellers pretty quickly and, most of the time, their accounts are disabled. With keeping that in mind, you just need to watch who you do business with. Be on the lookout for any sellers with a large number of negative feedback ratings or sellers who are new to eBay.
As you can see, there are a number of pros and cons to doing your shopping with eBay. For the most part, most eBay buyers have a positive experience with eBay. If you watch what you are doing, namely what you choose to buy and from whom, you should also be able to have a positive experience on eBay; one that will likely bring you back for more shopping.
How to Use HTML on eBay
Whether you use Turbo Lister or the Sell Your Item form, the HTML and body elements are automatically generated when you list your item on eBay. Thus you can't use any tag which typically fits in these elements, such as META tags. You can use tables, as well as image and anchor tags. All outside links and images must directly help to sell your item. There are other restrictions on how members may use HTML in eBay listings. If you understand eBay's policies and stick with HTML basics, you'll be fine.
Instructions:
1) Sign up for a hosting account with a free service such as Auctiva or Photobucket. Upload your pictures to the host server.
2) Link to an outside image in an eBay listing by typing , where URL is the address of your hosted image. HTML tags are not case sensitive, so you can use IMG SRC or iMg SrC if you like. To change the size of your image type where PIXELS is the desired size of your image. Be sure that the numbers you enter are proportional to one another or your image will be distorted. To avoid this problem, you can enter only the width attribute.
3) Create a link to another webpage by typing . The URL should be the address of a page which contains important information about your listed item, such as one of your eBay store pages. Link text should be descriptive text which you would like your buyer to click on. Avoid using "Click here" as link text. Instead, use a term which describes your item or the page you're linking to.
4) Create tables by nesting table tags. First, type , then type which stands for table row. After that, type for each cell of table data which you intend to include. After each tag, add the ending tag. Then end your table row with and your table with . Type table text between the and tags. Keep the text short and simple, as it will distort the table if it's too long.
5) Preview your listing. This can be done in Turbo Lister by selecting the listing and clicking the preview button. In the Sell Your Item form, switch from HTML view to the Standard view. Mouse over links, then right click to open them in a new window. Check images and tables to make sure they're rendering properly.
Tips and Warnings:
For faster coding, type the HTML code into a notepad window and copy and paste it into the HTML window of your listing description. Familiarize yourself with eBay policies. Linking and HTML violations can result in listing cancellation, account suspension and other negative consequences.
Source - eHow
Instructions:
1) Sign up for a hosting account with a free service such as Auctiva or Photobucket. Upload your pictures to the host server.
2) Link to an outside image in an eBay listing by typing , where URL is the address of your hosted image. HTML tags are not case sensitive, so you can use IMG SRC or iMg SrC if you like. To change the size of your image type where PIXELS is the desired size of your image. Be sure that the numbers you enter are proportional to one another or your image will be distorted. To avoid this problem, you can enter only the width attribute.
3) Create a link to another webpage by typing . The URL should be the address of a page which contains important information about your listed item, such as one of your eBay store pages. Link text should be descriptive text which you would like your buyer to click on. Avoid using "Click here" as link text. Instead, use a term which describes your item or the page you're linking to.
4) Create tables by nesting table tags. First, type , then type which stands for table row. After that, type for each cell of table data which you intend to include. After each tag, add the ending tag. Then end your table row with and your table with . Type table text between the and tags. Keep the text short and simple, as it will distort the table if it's too long.
5) Preview your listing. This can be done in Turbo Lister by selecting the listing and clicking the preview button. In the Sell Your Item form, switch from HTML view to the Standard view. Mouse over links, then right click to open them in a new window. Check images and tables to make sure they're rendering properly.
Tips and Warnings:
For faster coding, type the HTML code into a notepad window and copy and paste it into the HTML window of your listing description. Familiarize yourself with eBay policies. Linking and HTML violations can result in listing cancellation, account suspension and other negative consequences.
Source - eHow
Marketing and Selling on Internet
Marketing on the Internet involves online advertising to reach out to potential customers. It requires creativity like designing, development and technical aspects like marketing and advertising. Affiliate marketing, email marketing, search engine marketing and interactive advertising are all different facets of Internet marketing. It also includes sales, public relations, information management and customer service.
Ever since the advent of Internet, it is widely used for all kind of purposes. Among the advantages of Internet, some helps in doing business, shopping, etc, from the comfort of the house. According to a research, a quarter of the Internet users shop online. It has also helped grow electronic commerce and Internet marketing is a part of electronic commerce.
Direct marketing techniques like radio and television commercials, mails, and newsletters are the inspirations for Internet marketing, which involves direct response marketing strategies and is rapidly growing. Business-to-business, also known as B2B, and business-to-consumer, also known as B2C, are the two business models to which Internet marketing can be linked. B2C companies were the first to start when Internet marketing originated. They are companies that sell directly to the customers. B2B companies are meant to do business with each other.
Websites built for Internet marketing are slightly different than others. There are peer-to-peer modeled websites which are used to exchange products and services between each other. Other is name-your-price, where the customers have to specify their price range that they can spend and select products that fall in that price range. Priceline.com is an example of such a website. Amazon.com is a website which is based on find-the-best-price model, where customers can find the lowest prices. Last are online auctions sites, where items are bid. Ebay.com is an example.
The companies who use Internet marketing are at an advantage. They don’t need to put in huge amounts of energy and time in Internet Marketing like other traditional methods. With the help of only few resources national and international markets can be reached. Because of very low investment, even small businesses are turning to online marketing.
Websites and blogs have been developed for this purpose. Internet marketing is advantageous in the sense that the data is easily available on the Internet. Newsletters can be directly sent to customers and if it doesn’t contain the information they are looking for, they can search for information about the product online, make a decision and purchase it online itself.
One of the factors that hinder the growth of online marketing is delayed loading of the page. The web pages that take a lot of time to download test the patience of the consumer. To add to that, if the businesses design complex web pages with lots of graphics and animations, it will slow down the speed even more.
Another minus point of online marketing is that the customers cannot feel, taste, smell or try products in order to make a good decision. To over come this, some of the online stores have created liberal return policies with the help of which the customer satisfaction is guaranteed.
Another biggest threat of online shopping is identity theft. Paying online using credit cards, e-checks are susceptible to hackers and information can be stolen and used. Many hackers and websites have been caught who were involved in buying and selling of personal information. Most of the websites have taken measures and incorporated good security on their websites. One of the best methods is encryption.
When the data is being transferred between two computers; there is a possibility of a hacker intercepting it. So the data is changed by applying some encryption algorithm and is sent through the network and upon receiving, the decryption algorithm is applied to bring back the data to its original form.
Online selling is influencing all kinds of businesses like banking, advertising, music, etc. Instead of going to a store for buying cassettes and CDs, music can be bought online. Bank transactions like depositing, withdrawing, transferring funds, and paying bills are all performed online. Billions of dollars are invested every year in online advertising alone.
Ever since the advent of Internet, it is widely used for all kind of purposes. Among the advantages of Internet, some helps in doing business, shopping, etc, from the comfort of the house. According to a research, a quarter of the Internet users shop online. It has also helped grow electronic commerce and Internet marketing is a part of electronic commerce.
Direct marketing techniques like radio and television commercials, mails, and newsletters are the inspirations for Internet marketing, which involves direct response marketing strategies and is rapidly growing. Business-to-business, also known as B2B, and business-to-consumer, also known as B2C, are the two business models to which Internet marketing can be linked. B2C companies were the first to start when Internet marketing originated. They are companies that sell directly to the customers. B2B companies are meant to do business with each other.
Websites built for Internet marketing are slightly different than others. There are peer-to-peer modeled websites which are used to exchange products and services between each other. Other is name-your-price, where the customers have to specify their price range that they can spend and select products that fall in that price range. Priceline.com is an example of such a website. Amazon.com is a website which is based on find-the-best-price model, where customers can find the lowest prices. Last are online auctions sites, where items are bid. Ebay.com is an example.
The companies who use Internet marketing are at an advantage. They don’t need to put in huge amounts of energy and time in Internet Marketing like other traditional methods. With the help of only few resources national and international markets can be reached. Because of very low investment, even small businesses are turning to online marketing.
Websites and blogs have been developed for this purpose. Internet marketing is advantageous in the sense that the data is easily available on the Internet. Newsletters can be directly sent to customers and if it doesn’t contain the information they are looking for, they can search for information about the product online, make a decision and purchase it online itself.
One of the factors that hinder the growth of online marketing is delayed loading of the page. The web pages that take a lot of time to download test the patience of the consumer. To add to that, if the businesses design complex web pages with lots of graphics and animations, it will slow down the speed even more.
Another minus point of online marketing is that the customers cannot feel, taste, smell or try products in order to make a good decision. To over come this, some of the online stores have created liberal return policies with the help of which the customer satisfaction is guaranteed.
Another biggest threat of online shopping is identity theft. Paying online using credit cards, e-checks are susceptible to hackers and information can be stolen and used. Many hackers and websites have been caught who were involved in buying and selling of personal information. Most of the websites have taken measures and incorporated good security on their websites. One of the best methods is encryption.
When the data is being transferred between two computers; there is a possibility of a hacker intercepting it. So the data is changed by applying some encryption algorithm and is sent through the network and upon receiving, the decryption algorithm is applied to bring back the data to its original form.
Online selling is influencing all kinds of businesses like banking, advertising, music, etc. Instead of going to a store for buying cassettes and CDs, music can be bought online. Bank transactions like depositing, withdrawing, transferring funds, and paying bills are all performed online. Billions of dollars are invested every year in online advertising alone.
How to Trade the Forex With Fractals
Fractals enjoy a special place in the field of mathematics, and have delighted mathematicians and lay-people alike with their captivating patterns and colors. In the investing world, a fractal does not refer to these specific formulaic structures. As a chart pattern on forex charts, a fractal is a simple method of identifying turning points in a trend. Traders use these fractals to participate in price reversals for a profit.
Instructions:
1) Look at a candlestick or bar chart in any trading platform or other charting software. Identify any areas where price reversed to the up-side or down-side.
2) Compare these turning points with two bars on each side of the reversal. A down fractal pattern exists if it presents a high point in the middle of the pattern with two lower highs on both sides. Similarly, a five-bar pattern with the lowest point in the middle and higher lows on each side represents a bullish fractal with an expected reversal to the up-side.
3) Combine the implication of the fractal pattern with another technical indicator for verification. Investopedia notes the popularity of the "Alligator indicator" for use with fractal patterns. This tool is based on a set of three moving averages. Fractal signals which occur above or below the center line in this system are considered valid, while other fractal signals are ignored. For example, a bullish turning point that displays below the "alligator's teeth" (the center line) carries more weight than one which does not coincide with this additional signal.
4) Implement an additional technical indicator to provide the most valid confirmation of the fractal pattern. A common indicator which works well in fractal analysis is the Fibonacci tool. This chart study applies ratio analysis to determine extreme price swings. When a bearish fractal turning point appears at a high Fibonacci extreme, the implication is particularly powerful. Some traders use both moving averages and Fibonacci levels with fractals to offer fewer, but more reliable, trading signals.
5) Draw a trend line between fractal pattern centers to analyze overall market structure. The traditional "Dow Theory" introduced by Charles Dow in the 19th century simply states that an uptrend is characterized by higher highs and higher lows. By only using highs and lows that are generated by true five-bar fractal patterns, the clarity of a trend line is more obvious This makes it particularly easy to identify the strength of a trend and when the trend may slow or stop due to a break in the line.
Tips and Warnings:
Always study a new chart pattern and technique extensively before committing real money to any strategy. It is important to gain experience with these patterns as they develop in real-time so there are no surprises in their behavior.
Source - eHow
Instructions:
1) Look at a candlestick or bar chart in any trading platform or other charting software. Identify any areas where price reversed to the up-side or down-side.
2) Compare these turning points with two bars on each side of the reversal. A down fractal pattern exists if it presents a high point in the middle of the pattern with two lower highs on both sides. Similarly, a five-bar pattern with the lowest point in the middle and higher lows on each side represents a bullish fractal with an expected reversal to the up-side.
3) Combine the implication of the fractal pattern with another technical indicator for verification. Investopedia notes the popularity of the "Alligator indicator" for use with fractal patterns. This tool is based on a set of three moving averages. Fractal signals which occur above or below the center line in this system are considered valid, while other fractal signals are ignored. For example, a bullish turning point that displays below the "alligator's teeth" (the center line) carries more weight than one which does not coincide with this additional signal.
4) Implement an additional technical indicator to provide the most valid confirmation of the fractal pattern. A common indicator which works well in fractal analysis is the Fibonacci tool. This chart study applies ratio analysis to determine extreme price swings. When a bearish fractal turning point appears at a high Fibonacci extreme, the implication is particularly powerful. Some traders use both moving averages and Fibonacci levels with fractals to offer fewer, but more reliable, trading signals.
5) Draw a trend line between fractal pattern centers to analyze overall market structure. The traditional "Dow Theory" introduced by Charles Dow in the 19th century simply states that an uptrend is characterized by higher highs and higher lows. By only using highs and lows that are generated by true five-bar fractal patterns, the clarity of a trend line is more obvious This makes it particularly easy to identify the strength of a trend and when the trend may slow or stop due to a break in the line.
Tips and Warnings:
Always study a new chart pattern and technique extensively before committing real money to any strategy. It is important to gain experience with these patterns as they develop in real-time so there are no surprises in their behavior.
Source - eHow
The Best Times to Trade Forex
Forex trading involves substantial risk of loss and is not suitable for all investors. Forex, the market where international currencies are traded, is open for trading 24 hours a day, five days a week. But not all times are ideal for trading as there are some optimal times to trade Forex.
Liquidity and Volatility
During what times is the market most liquid? In other words, when is it easiest to enter and exit positions? And, during what times is the currency you're trading the most volatile? (Volatility is how much price changes in a specific period of time. The answer to these questions depends on the day of the week and the time of day the trading is occurring.
A Day to Avoid
If your strategy depends on recent intraday price history, and your broker is based in the U.S., consider staying out of the market on Sunday. U.S. brokers miss one hour of trading every Sunday, so their charts are less than completely accurate. Sign on with a non-U.S. broker, such as Alpari (UK) or Dukascopy, to solve this problem.
Best Times of the Day to Trade
Learn the start and end times of the different sessions:
London session hours are 8:00 to 17:00 GMT. New York session, 13:00 to 22:00 GMT; Sydney, 22:00 to 7:00 GMT and Tokyo, midnight to 9:00 GMT.
Understand that these times are only guidelines; London traders may start their day earlier than 8:00, for example. Get aware of this by watching price action closely about an hour before the stated session start time. Watch especially the length of the candle, regardless of the timeframe(s) you trades on. Candle length grows noticeably when London and New York sessions start, and shrinks when they end.
If you like high volatility and liquidity, trade when the most volatile sessions--London and New York--overlap: 13:00 to 17:00 GMT. If you prefer times when price is less likely to shatter your stop loss, trade during the low volatility Sydney or Tokyo sessions.
Avoid Newstime
Another factor to consider is news time. The bigger potential impact that a news event has on the currency pair you're trading, the wiser it is to wait until after the news has passed before you take a position. This is especially true of the Non Farm Payroll (NFP) report, usually released on the first Friday of each month. Even veteran traders avoid NFP, because volatility may jump to several times the average, and price direction can change violently. Wait at least five minutes after NFP's release before trading.
Also, in the hours before a news event, price may range in anticipation of the news. Use a range-oriented strategy if you want to trade such times.
Ultimately, your trading strategy and temperament will determine the best time to trade. Find your best time by first backtesting your strategy during as many different times as possible. Do at least two full months of backtesting before forward testing your strategy on a demo account.
Source - eHow
Liquidity and Volatility
During what times is the market most liquid? In other words, when is it easiest to enter and exit positions? And, during what times is the currency you're trading the most volatile? (Volatility is how much price changes in a specific period of time. The answer to these questions depends on the day of the week and the time of day the trading is occurring.
A Day to Avoid
If your strategy depends on recent intraday price history, and your broker is based in the U.S., consider staying out of the market on Sunday. U.S. brokers miss one hour of trading every Sunday, so their charts are less than completely accurate. Sign on with a non-U.S. broker, such as Alpari (UK) or Dukascopy, to solve this problem.
Best Times of the Day to Trade
Learn the start and end times of the different sessions:
London session hours are 8:00 to 17:00 GMT. New York session, 13:00 to 22:00 GMT; Sydney, 22:00 to 7:00 GMT and Tokyo, midnight to 9:00 GMT.
Understand that these times are only guidelines; London traders may start their day earlier than 8:00, for example. Get aware of this by watching price action closely about an hour before the stated session start time. Watch especially the length of the candle, regardless of the timeframe(s) you trades on. Candle length grows noticeably when London and New York sessions start, and shrinks when they end.
If you like high volatility and liquidity, trade when the most volatile sessions--London and New York--overlap: 13:00 to 17:00 GMT. If you prefer times when price is less likely to shatter your stop loss, trade during the low volatility Sydney or Tokyo sessions.
Avoid Newstime
Another factor to consider is news time. The bigger potential impact that a news event has on the currency pair you're trading, the wiser it is to wait until after the news has passed before you take a position. This is especially true of the Non Farm Payroll (NFP) report, usually released on the first Friday of each month. Even veteran traders avoid NFP, because volatility may jump to several times the average, and price direction can change violently. Wait at least five minutes after NFP's release before trading.
Also, in the hours before a news event, price may range in anticipation of the news. Use a range-oriented strategy if you want to trade such times.
Ultimately, your trading strategy and temperament will determine the best time to trade. Find your best time by first backtesting your strategy during as many different times as possible. Do at least two full months of backtesting before forward testing your strategy on a demo account.
Source - eHow
The Best Way to Trade Forex on Daily Charts
If you are interested in trading on the Forex, but don't have much time to dedicate to it, then you might be interested in learning how to trade on the daily charts. This requires little time because you don't have to sit and watch each tick; you can just spend five minutes reviewing the daily charts and then place your orders, stop losses and profit targets.
Get a Trading System
Find a trading system that works for you. A good place to start your research is at ForexPeaceArmy.com or EliteTrader.com. These are both well-known trading forums that offer independent third-party reviews of software programs and trading systems. Affiliate links aren't allowed, so for the most part you are getting unbiased opinions. A couple of systems on the daily charts that work well and you might consider are MarketClub for Smart Traders and Stealth Forex.
Use the 2-Period RSI
Use a 2-period RSI (relative strength indicator). A well-known trader named Larry Connors did 10 years of statistical back-testing with this indicator and found that when it is below 10, there is a statistical edge that the markets will move up. Likewise, when the RSI is above 90 it, will likely move down. Couple this with a good entry system and you have a viable trading system.
Use the Daily With Weekly Charts
Use the daily and the weekly time frames to trade with. Use the weekly charts to to determine the trend and the daily charts for entry and exit signals. In other words, look at your trading system and if it indicates a "buy" signal on the weekly charts, then look at the daily charts and only take buy signals. Likewise, if the weekly charts say to sell, only take sell signals on the daily charts.
Making It Work
Put it all together. When you have a buy signal on the weekly charts, then move to the daily charts. If you have a buy signal there, look at the 2-period RSI. If its last low was below 10, take the signal; if not, ignore it. If you have a sell signal on the weekly chart, look for sell signals on the daily chart. If you have a signal, look to the 2-period RSI, and if the last high reading was 90 or above, take the signal; if not, ignore it.
Find the Best Pairs
Choose your pairs. This trading system generally works well with the following Forex pairs: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, NZD/USD, EUR/JPY and GBP/JPY.
Source - eHow
Get a Trading System
Find a trading system that works for you. A good place to start your research is at ForexPeaceArmy.com or EliteTrader.com. These are both well-known trading forums that offer independent third-party reviews of software programs and trading systems. Affiliate links aren't allowed, so for the most part you are getting unbiased opinions. A couple of systems on the daily charts that work well and you might consider are MarketClub for Smart Traders and Stealth Forex.
Use the 2-Period RSI
Use a 2-period RSI (relative strength indicator). A well-known trader named Larry Connors did 10 years of statistical back-testing with this indicator and found that when it is below 10, there is a statistical edge that the markets will move up. Likewise, when the RSI is above 90 it, will likely move down. Couple this with a good entry system and you have a viable trading system.
Use the Daily With Weekly Charts
Use the daily and the weekly time frames to trade with. Use the weekly charts to to determine the trend and the daily charts for entry and exit signals. In other words, look at your trading system and if it indicates a "buy" signal on the weekly charts, then look at the daily charts and only take buy signals. Likewise, if the weekly charts say to sell, only take sell signals on the daily charts.
Making It Work
Put it all together. When you have a buy signal on the weekly charts, then move to the daily charts. If you have a buy signal there, look at the 2-period RSI. If its last low was below 10, take the signal; if not, ignore it. If you have a sell signal on the weekly chart, look for sell signals on the daily chart. If you have a signal, look to the 2-period RSI, and if the last high reading was 90 or above, take the signal; if not, ignore it.
Find the Best Pairs
Choose your pairs. This trading system generally works well with the following Forex pairs: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, NZD/USD, EUR/JPY and GBP/JPY.
Source - eHow
Step-by-Step FOREX Trading
The Forex (foreign currency exchange) market is the largest securities market in the world. As of 2007 it reached an average daily volume of $3.2 trillion. Most of the volume isn't generated by financial institutions, governments and corporations transferring cash as part of their operations. The bulk comes from traders swapping currency in hopes of profiting from changes in exchange rates. Forex trading may be done by anyone with access to the Internet and a little money, but it carries considerable risk to go with its high profit potential.
Learn How Forex Works
Currencies always trade in pairs as traders buy one currency of a pair with the other at the current exchange rate. For example, if you see the euro and U.S. dollar quoted as EUR/USD = 1.2500, this means at the time of the quote it cost $1.2500 to buy one euro (conversely, 0.8000 euro would buy one U.S. dollar). Exchange rates are listed to four decimal places because the smallest possible price change in Forex is very small. For the U.S. dollar it's just $0.0001 (1/100 cent) and is called a pip.
The reason why Forex trading has so much risk and potential profit is that there are very low margin requirements. Traders typically use margin ratios of 30:1, 100:1 and even 400:1. For instance, at 100:1 you can buy a standard lot of $100,000 worth of currency with just $1000 in cash. AS a result, even small price changes can make big profits or wipe out all the money you risked. Pricing in Forex is based on a bid/ask system. The gap (or spread) between a bid and ask is usually just 1 or 2 pips for wholesale trades. Retail brokers raise the spread to 3 to 20 pips and keep the difference as a fee, but don't charge commissions.
Getting Started
The mechanics of trading Forex are simple. You need an online account with a Forex broker. The Forex market is mostly unregulated, so the SEC suggests you pick a broker who is a member of the National Futures Association self-regulating body. Good brokers provide trading software (if you don't have your own) along with real-time quotes and market information. Most brokers require a $2,000 initial deposit for a regular trading account (as of 2009). Opening an account takes only a few minutes and you can make all money transfers electronically using a service such as PayPal.
It's a good idea to start with a virtual (practice) account that allows you to "trade" using real-time market data and prices. Many Forex brokers offer these accounts free. Once you've gotten the feel of how real-time Forex trading works, you may want to start with a "mini-account." Some brokers will let you open one and trade micro-lots of currency with initial deposits of as little as $25. When you're ready you can move up to a regular account and trade full-size lots of currency.
Study the Market
Successful Forex trading doesn't just happen. Good traders spend a lot of time learning and monitoring international news and economic conditions (the "fundamentals") and the technical analysis that tracks short-term trends in currency markets. When traders talk about fundamentals they mean things like the effects of central bank monetary policy, news of political instability in a country or inflation, trade deficits and interest rates. Each factor can affect the demand for a particular currency. If the demand goes up, so will the value of that currency against other currencies. If demand drops the value of the currency falls, too.
Technical indicators are vitally important to the Forex trader. For example, one important indicator is the Reflexive Strength ratio, which measures how many upward price moves a currency makes compared to downward moves and indicates how strong demand is for that currency. This and other measures are collectively called Forex signals. You can subscribe to online services that provide real-time Forex signal updates.
Keep in mind that, even with all the practice and information, even the best Forex trader loses money sometimes and it's inevitable that you will as well. Making money on Forex takes time, work, and a willingness to take calculated risks.
Source - eHow
Learn How Forex Works
Currencies always trade in pairs as traders buy one currency of a pair with the other at the current exchange rate. For example, if you see the euro and U.S. dollar quoted as EUR/USD = 1.2500, this means at the time of the quote it cost $1.2500 to buy one euro (conversely, 0.8000 euro would buy one U.S. dollar). Exchange rates are listed to four decimal places because the smallest possible price change in Forex is very small. For the U.S. dollar it's just $0.0001 (1/100 cent) and is called a pip.
The reason why Forex trading has so much risk and potential profit is that there are very low margin requirements. Traders typically use margin ratios of 30:1, 100:1 and even 400:1. For instance, at 100:1 you can buy a standard lot of $100,000 worth of currency with just $1000 in cash. AS a result, even small price changes can make big profits or wipe out all the money you risked. Pricing in Forex is based on a bid/ask system. The gap (or spread) between a bid and ask is usually just 1 or 2 pips for wholesale trades. Retail brokers raise the spread to 3 to 20 pips and keep the difference as a fee, but don't charge commissions.
Getting Started
The mechanics of trading Forex are simple. You need an online account with a Forex broker. The Forex market is mostly unregulated, so the SEC suggests you pick a broker who is a member of the National Futures Association self-regulating body. Good brokers provide trading software (if you don't have your own) along with real-time quotes and market information. Most brokers require a $2,000 initial deposit for a regular trading account (as of 2009). Opening an account takes only a few minutes and you can make all money transfers electronically using a service such as PayPal.
It's a good idea to start with a virtual (practice) account that allows you to "trade" using real-time market data and prices. Many Forex brokers offer these accounts free. Once you've gotten the feel of how real-time Forex trading works, you may want to start with a "mini-account." Some brokers will let you open one and trade micro-lots of currency with initial deposits of as little as $25. When you're ready you can move up to a regular account and trade full-size lots of currency.
Study the Market
Successful Forex trading doesn't just happen. Good traders spend a lot of time learning and monitoring international news and economic conditions (the "fundamentals") and the technical analysis that tracks short-term trends in currency markets. When traders talk about fundamentals they mean things like the effects of central bank monetary policy, news of political instability in a country or inflation, trade deficits and interest rates. Each factor can affect the demand for a particular currency. If the demand goes up, so will the value of that currency against other currencies. If demand drops the value of the currency falls, too.
Technical indicators are vitally important to the Forex trader. For example, one important indicator is the Reflexive Strength ratio, which measures how many upward price moves a currency makes compared to downward moves and indicates how strong demand is for that currency. This and other measures are collectively called Forex signals. You can subscribe to online services that provide real-time Forex signal updates.
Keep in mind that, even with all the practice and information, even the best Forex trader loses money sometimes and it's inevitable that you will as well. Making money on Forex takes time, work, and a willingness to take calculated risks.
Source - eHow
The Best Way to Use FOREX Killer Software
The foreign exchange currency trading market is undoubtedly the biggest online trading market and perhaps among the best for increasing your investment at a fast clip. Forex trading is a very popular channel for those looking to start investing small but earning good returns. While currency trading can be a tricky business, using Forex Killer software effectively can help you earn handsome returns.
Understanding Forex Killer Software
Forex Killer software should not be taken as just another piece of software. It is developed using special targeted mathematical algorithms and logic and has been programmed to continuously track the forex markets around the world. Forex Killer software actively tracks currency rates of multiple currencies, and based on your investment and trading patterns, it sends our periodic signals advising you to buy or sell your forex holdings.
Getting Started with Forex Killer Software
Downloading and installing Forex Killer software is really simple and does not require any special skills. Same is the case with setting it up; all you require is an Internet connection and the right market data, and the software will take care of the rest. Before you get down to actual forex trading with your Forex Killer software, you should understand the various functions of the software and the reports it will provide you. Also train yourself to read the signals and instructions it will send you. Reading these signals, instructions and reports will help you understand the complex world of forex trading.
Do Dummy Test Runs
Resist the temptation to jump straight into the fray and place your money into the forex market. Rather, start with test trading runs on the software using a dummy account. The forex killer software will allow you to practice your hand at currency trading with dummy money. While the currency exchange rates displayed and the signals sent out to either buy or sell currency will be real, the actual trading will not. By practicing dummy test runs, you can fine-tune your response to live forex market fluctuations and also understand how the actual market works. It is also a perfect way to gauge the depth of your ability to succeed in forex trading.
Start Small
Never start forex trading with your Forex Killer software by putting all your money in together. An ideal amount to start with would be $500, though you might consider starting at $1,500 or $2,000 to get higher returns. By starting small, you can get better accustomed to the speed of live forex trading while restricting the overall risk.
Follow the Signals and Act Quickly
Forex trading is all about quick decisions and even quicker buying and selling of currency. The biggest advantage of Forex Killer software is that it does not require you to sit in front of your computer all day waiting for the signal. Once you set it up, it will automatically signal you on when you need to buy or sell. But to start with, you must learn to follow its signals precisely and quickly buy or sell the currencies in your hand to book maximum profits.
Source - eHow
Understanding Forex Killer Software
Forex Killer software should not be taken as just another piece of software. It is developed using special targeted mathematical algorithms and logic and has been programmed to continuously track the forex markets around the world. Forex Killer software actively tracks currency rates of multiple currencies, and based on your investment and trading patterns, it sends our periodic signals advising you to buy or sell your forex holdings.
Getting Started with Forex Killer Software
Downloading and installing Forex Killer software is really simple and does not require any special skills. Same is the case with setting it up; all you require is an Internet connection and the right market data, and the software will take care of the rest. Before you get down to actual forex trading with your Forex Killer software, you should understand the various functions of the software and the reports it will provide you. Also train yourself to read the signals and instructions it will send you. Reading these signals, instructions and reports will help you understand the complex world of forex trading.
Do Dummy Test Runs
Resist the temptation to jump straight into the fray and place your money into the forex market. Rather, start with test trading runs on the software using a dummy account. The forex killer software will allow you to practice your hand at currency trading with dummy money. While the currency exchange rates displayed and the signals sent out to either buy or sell currency will be real, the actual trading will not. By practicing dummy test runs, you can fine-tune your response to live forex market fluctuations and also understand how the actual market works. It is also a perfect way to gauge the depth of your ability to succeed in forex trading.
Start Small
Never start forex trading with your Forex Killer software by putting all your money in together. An ideal amount to start with would be $500, though you might consider starting at $1,500 or $2,000 to get higher returns. By starting small, you can get better accustomed to the speed of live forex trading while restricting the overall risk.
Follow the Signals and Act Quickly
Forex trading is all about quick decisions and even quicker buying and selling of currency. The biggest advantage of Forex Killer software is that it does not require you to sit in front of your computer all day waiting for the signal. Once you set it up, it will automatically signal you on when you need to buy or sell. But to start with, you must learn to follow its signals precisely and quickly buy or sell the currencies in your hand to book maximum profits.
Source - eHow
The Realm of Automated Forex Trading System
Just how important is an automated system to the Forex trading system? Before we answer that question, let us first determine how large Forex trading market is. From there, we will know the importance of automated systems for the Forex market. It is true that the Forex market is the largest market around the world not just in terms of average daily turnover and average revenue per trader. It is also the largest market in terms of participants.
You name it, we’ve got it. Take a look at the following:
BANKS- they are not just for saving money and lending capital to entrepreneurs, but they are one of the major players in Forex market. Banks cater both to large quantity of speculative trading and daily commercial turnover. Well-established banks can trade billions of dollars worth of foreign currencies everyday. Some of the trades are undertaken on behalf of their clients, but most are through proprietary desks.
COMMERCIAL COMPANIES- these commercial companies trade small quantities of foreign currencies compared to larger banks and their trades produce small and short-term impact on the market rates. However, the trade flows from transactions made by commercial companies are essential factors with regards to the long-term direction of the exchange rate of a certain currency.
CENTRAL BANKS- central banks play an important function in the Forex market. They have the control over the supply of different currency, inflation, and interest rate. In addition, they have also official target rates for the currencies that they are handling. They are responsible for stabilizing the Forex market through the use of foreign exchange reserves. Their intervention in the market is enough to stabilize a certain currency.
INVESTMENT MANAGEMENT FIRMS- these firms commonly manage huge accounts on behalf of their clients such as endowments and pension funds. They are using the Forex market to facilitate transactions, specifically in foreign securities. For example, an investment manager bearing an international equity portfolio needs to purchase and sell several pairs of foreign currencies to pay for foreign securities purchases.
RETAIL FX BROKERS- they handle a fraction of the total volume of Forex market. A single retail Forex broker estimates retail volume of between 25 to 50 billion dollars each day, which is estimated to be at 2% of the total market volume.
SPECULATORS- these are individuals who purchase and sell foreign currencies and profit through fluctuations on its price as opposed to popular methods such as interest and dividends. They perform the important role of transferring the risk to individuals who do not wish to bear it.
In Forex market alone, there are already six major players partaking on the $1.8 trillion worth of daily turnover. With a large number of Forex players, there is really a need in switching from manual to automated Forex trading system. Among the aforementioned major Forex players, the automated trading system is of great advantage to the speculators. Since they focus on the price fluctuations of various foreign currencies in order to profit, the real time data analysis will help them determine trades that will give advantage to them.
There are several automated Forex trading systems available in the market. There are also automated Forex systems that are offered for free or as part of their trading account acquired from their Forex brokers or agents. Such complimentary system packages are typically elementary trading system. Thus, if you are looking for more features, you can avail of it through additional payments.
There are two types of automated Forex trading system. These are discussed in the following:
Desktop-based system- all Forex-related data are stored on your desktop’s hard drive. This system is unpopular to Forex traders because all data are susceptible to computer virus contamination and other security problems. Worse, when the computer malfunctions, all essential information might be lost and cannot be retrieved (unless you have some back-up files of your own). However, it is little expensive compared to the other types of automated trading system.
Web-based system- the security of your Forex account and other data are provided by your web-based provider. These are hosted on secured servers. It is also convenient in the sense that there will be no software required and it is universally compatible with your Internet browser. You may also try different automated trading system demos first so that you will be able to determine the automated Forex trading system that suits your personal preference and needs.
Even if you are just a small-time Forex player, it will be to your advantage if you will use an automated Forex trading system for your future trades.
You name it, we’ve got it. Take a look at the following:
BANKS- they are not just for saving money and lending capital to entrepreneurs, but they are one of the major players in Forex market. Banks cater both to large quantity of speculative trading and daily commercial turnover. Well-established banks can trade billions of dollars worth of foreign currencies everyday. Some of the trades are undertaken on behalf of their clients, but most are through proprietary desks.
COMMERCIAL COMPANIES- these commercial companies trade small quantities of foreign currencies compared to larger banks and their trades produce small and short-term impact on the market rates. However, the trade flows from transactions made by commercial companies are essential factors with regards to the long-term direction of the exchange rate of a certain currency.
CENTRAL BANKS- central banks play an important function in the Forex market. They have the control over the supply of different currency, inflation, and interest rate. In addition, they have also official target rates for the currencies that they are handling. They are responsible for stabilizing the Forex market through the use of foreign exchange reserves. Their intervention in the market is enough to stabilize a certain currency.
INVESTMENT MANAGEMENT FIRMS- these firms commonly manage huge accounts on behalf of their clients such as endowments and pension funds. They are using the Forex market to facilitate transactions, specifically in foreign securities. For example, an investment manager bearing an international equity portfolio needs to purchase and sell several pairs of foreign currencies to pay for foreign securities purchases.
RETAIL FX BROKERS- they handle a fraction of the total volume of Forex market. A single retail Forex broker estimates retail volume of between 25 to 50 billion dollars each day, which is estimated to be at 2% of the total market volume.
SPECULATORS- these are individuals who purchase and sell foreign currencies and profit through fluctuations on its price as opposed to popular methods such as interest and dividends. They perform the important role of transferring the risk to individuals who do not wish to bear it.
In Forex market alone, there are already six major players partaking on the $1.8 trillion worth of daily turnover. With a large number of Forex players, there is really a need in switching from manual to automated Forex trading system. Among the aforementioned major Forex players, the automated trading system is of great advantage to the speculators. Since they focus on the price fluctuations of various foreign currencies in order to profit, the real time data analysis will help them determine trades that will give advantage to them.
There are several automated Forex trading systems available in the market. There are also automated Forex systems that are offered for free or as part of their trading account acquired from their Forex brokers or agents. Such complimentary system packages are typically elementary trading system. Thus, if you are looking for more features, you can avail of it through additional payments.
There are two types of automated Forex trading system. These are discussed in the following:
Desktop-based system- all Forex-related data are stored on your desktop’s hard drive. This system is unpopular to Forex traders because all data are susceptible to computer virus contamination and other security problems. Worse, when the computer malfunctions, all essential information might be lost and cannot be retrieved (unless you have some back-up files of your own). However, it is little expensive compared to the other types of automated trading system.
Web-based system- the security of your Forex account and other data are provided by your web-based provider. These are hosted on secured servers. It is also convenient in the sense that there will be no software required and it is universally compatible with your Internet browser. You may also try different automated trading system demos first so that you will be able to determine the automated Forex trading system that suits your personal preference and needs.
Even if you are just a small-time Forex player, it will be to your advantage if you will use an automated Forex trading system for your future trades.
Taking Advantage of "Slow" eBay Auctions.
Some auctions get hundreds of bids, but some go much more slowly, getting only a few bids or even none at all for days. Auctions are generally much slower during the summer months than they are in the winter - and sales on eBay are slowing each year, as more sellers than buyers sign up, hoping to get rich quick. There are a number of ways that you can take advantage of slower auctions to get the best price.
Wait to Bid
If you bid, then everyone can see you're interested - and that might make them interested too. Leaving the item alone for as long as you can bear will make it look less popular, and keep the price down so you can come in at the last minute and get a bargain.
Make an Offer
If the seller is selling an item using 'Buy it Now' and it still hasn't sold when the auction is about to end, use eBay's 'Best Offer' service to make them an offer on it. The chances are they've listed the item two or three times before, and they'll be so annoyed at the prospect of re-listing it yet again that they'll accept your offer just to get rid of the thing.
Conspire with Other Buyers
You might not have thought of this, but if there are two auctions for the same item and only you and one other buyer are bidding, why not get together and work out a 'you take this one and I'll take that one' deal? This avoids you raising the price on both auctions just to get one each. If you make a few friends, you can even work together on auctions long-term, taking it in turns to bid
Be Snobbish
Send the seller emails asking questions about the condition of the item, and making it very clear that you are a discerning buyer and will only accept things of the highest quality. This will make them feel better about selling you their item for less.
Don't Feel Guilty
There really are too many sellers on eBay now, to the point where you can get common items at very low prices. Long-term, this will probably force those sellers out of business, but that's the way a market works - it's supply and demand.
Buy in Bulk
When auctions are slow, many sellers will have had the same stock for a long time. If you offer to take ten things off their hands all at once then you can almost name your price - the chances are that they'll fall over themselves to give you a good deal. If you come back again and buy another ten items then they'll love you even more.
The longer you spend on eBay, the more experienced you'll become - and the greater the chances are that you'll stumble across an auction for something very odd, and quite unexpected. In the next email, you'll hear all about the strangest eBay items ever sold.
Wait to Bid
If you bid, then everyone can see you're interested - and that might make them interested too. Leaving the item alone for as long as you can bear will make it look less popular, and keep the price down so you can come in at the last minute and get a bargain.
Make an Offer
If the seller is selling an item using 'Buy it Now' and it still hasn't sold when the auction is about to end, use eBay's 'Best Offer' service to make them an offer on it. The chances are they've listed the item two or three times before, and they'll be so annoyed at the prospect of re-listing it yet again that they'll accept your offer just to get rid of the thing.
Conspire with Other Buyers
You might not have thought of this, but if there are two auctions for the same item and only you and one other buyer are bidding, why not get together and work out a 'you take this one and I'll take that one' deal? This avoids you raising the price on both auctions just to get one each. If you make a few friends, you can even work together on auctions long-term, taking it in turns to bid
Be Snobbish
Send the seller emails asking questions about the condition of the item, and making it very clear that you are a discerning buyer and will only accept things of the highest quality. This will make them feel better about selling you their item for less.
Don't Feel Guilty
There really are too many sellers on eBay now, to the point where you can get common items at very low prices. Long-term, this will probably force those sellers out of business, but that's the way a market works - it's supply and demand.
Buy in Bulk
When auctions are slow, many sellers will have had the same stock for a long time. If you offer to take ten things off their hands all at once then you can almost name your price - the chances are that they'll fall over themselves to give you a good deal. If you come back again and buy another ten items then they'll love you even more.
The longer you spend on eBay, the more experienced you'll become - and the greater the chances are that you'll stumble across an auction for something very odd, and quite unexpected. In the next email, you'll hear all about the strangest eBay items ever sold.
The Future of Google Adsense
There are many ideas springing up concerning what AdSense will look like in the future and how the system will change as opposed to what it is now.
Firstly, it's clear that targeting algorithms will become even better and more powerful then they are now. This has clearly been seen with the Google search engine itself over the last few years and it should be of no surprise as this happens with AdSense. Advertisers will appear in more appropriate results and those advertisers who manipulate their content to allow high paying keywords to appear may struggle to do this unless it is actually appropriate to their content.
Another thing which is bound to happen is more protection for AdWords advertisers concerning click fraud. Google acknowledges this to be a very key issue that it needs to address as quickly as possible and there's no doubt it will happen as fast as possible. At the moment those who have high levels of traffic, can easily disguise IP addresses and increase CTR ( Click Through Rate).
Google is always keen on improving its products and this has been seen before in AdSense. The search engine company has introduced site-targeted AdSense CPM, "smart pricing" and domain blocking and there will probably be improvements that have already been added by other similar sites. One such example is the option for the advertiser to have more control over where the content is being displayed. This could mean blocking your site from displaying on several addresses that host AdSense banners.
Another idea that has been advanced is that Google will integrate AdSense in other forms of media like newspapers or television and so on. While this might seem to be more on the science-fiction side of the facts there's no indication that this might not happen. Google have access to an international array of over 150,000 advertisers of whom may choose to penetrate offline markets in different countries. With Google’s strong network of advertisers, they may choose to appoint or allow offline distributors to create a format for Adwords advertising in content, in search and now offline.
More options could be implemented for AdSense publishers, allowing them to specify keywords of their own. While Google has been reluctant of this there's no indication that this will not happen in the future. Also, a lot of people are demanding a clear specification of the pricing policy of AdSense. Google has given no indication of why this isn't public information but at this moment it seems highly unlikely that such information will ever be present on Google AdSense.
Another feature that could find itself into AdSense would be letting website publishers see which links are generating clicks on their website and based on what keywords they arrive there. This could end up being a major issue that could threaten the entire system as it could perhaps encourage more adsense only websites as profits become more transparent. A lot of people may make AdSense-only sites, designed just for making profits through AdSense.
While this is already happening today, it might be foolish of Google to put such tools in the hands of its publishers. However, one thing that could happen is a way for users to fix their issues with low AdSense generated income on their site. This could be done through an on-line wizard or something similar that would make suggestions to website owners based on their contents.
But the major buzzword of the day is RSS. The possibility of sending targeted ads directly to users without requiring any navigation on their behalf is becoming a reality with RSS. And there are clear signs that Google isn't going to let such an opportunity pass by.
This is what "interactive television" and similar items have been trying to do for quite some time now. But the Internet would be a much better medium for this, because there are no mediums quite as interactive as the Internet. But in the end, this is mostly speculation and we are bound to have Google surprising us with new features we would have never thought of.
Firstly, it's clear that targeting algorithms will become even better and more powerful then they are now. This has clearly been seen with the Google search engine itself over the last few years and it should be of no surprise as this happens with AdSense. Advertisers will appear in more appropriate results and those advertisers who manipulate their content to allow high paying keywords to appear may struggle to do this unless it is actually appropriate to their content.
Another thing which is bound to happen is more protection for AdWords advertisers concerning click fraud. Google acknowledges this to be a very key issue that it needs to address as quickly as possible and there's no doubt it will happen as fast as possible. At the moment those who have high levels of traffic, can easily disguise IP addresses and increase CTR ( Click Through Rate).
Google is always keen on improving its products and this has been seen before in AdSense. The search engine company has introduced site-targeted AdSense CPM, "smart pricing" and domain blocking and there will probably be improvements that have already been added by other similar sites. One such example is the option for the advertiser to have more control over where the content is being displayed. This could mean blocking your site from displaying on several addresses that host AdSense banners.
Another idea that has been advanced is that Google will integrate AdSense in other forms of media like newspapers or television and so on. While this might seem to be more on the science-fiction side of the facts there's no indication that this might not happen. Google have access to an international array of over 150,000 advertisers of whom may choose to penetrate offline markets in different countries. With Google’s strong network of advertisers, they may choose to appoint or allow offline distributors to create a format for Adwords advertising in content, in search and now offline.
More options could be implemented for AdSense publishers, allowing them to specify keywords of their own. While Google has been reluctant of this there's no indication that this will not happen in the future. Also, a lot of people are demanding a clear specification of the pricing policy of AdSense. Google has given no indication of why this isn't public information but at this moment it seems highly unlikely that such information will ever be present on Google AdSense.
Another feature that could find itself into AdSense would be letting website publishers see which links are generating clicks on their website and based on what keywords they arrive there. This could end up being a major issue that could threaten the entire system as it could perhaps encourage more adsense only websites as profits become more transparent. A lot of people may make AdSense-only sites, designed just for making profits through AdSense.
While this is already happening today, it might be foolish of Google to put such tools in the hands of its publishers. However, one thing that could happen is a way for users to fix their issues with low AdSense generated income on their site. This could be done through an on-line wizard or something similar that would make suggestions to website owners based on their contents.
But the major buzzword of the day is RSS. The possibility of sending targeted ads directly to users without requiring any navigation on their behalf is becoming a reality with RSS. And there are clear signs that Google isn't going to let such an opportunity pass by.
This is what "interactive television" and similar items have been trying to do for quite some time now. But the Internet would be a much better medium for this, because there are no mediums quite as interactive as the Internet. But in the end, this is mostly speculation and we are bound to have Google surprising us with new features we would have never thought of.
The Best Time to End an eBay Auction
A number of factors determine whether an eBay auction is a success, including the ending time. Some argue an auction should end at a time that encourages last-minute bidding, as most eBay users can attest that bidding on an item increases as a deadline nears. While there is no clear indication of a better time over another, there are a number of considerations a seller can take into account.
When Bidders Bid
While it is difficult to pinpoint exact bidding trends, there are some "facts" most sellers act on. Most accept that bids increase as an auction deadline nears, and Auctionbytes.com research suggests that most bidders wait until the final day of an auction to place a bid. Most eBay users do know that popular items tend to see a flurry of bids at the deadline, so an auction ending time is very important.
Auctioning an item successfully should include understanding target bidders, and that can dictate when an auction is held. For example, auctioning off business equipment would usually appeal to business owners or entrepreneurs. These types of bidders tend to bid during or just after business hours during the week. Ending an auction during weekday business hours (as opposed to late night or weekends) may bring in more attention.
Auctioning off CDs, comic books or collectibles that appeal to younger bidders might not be affected by an auction that ends at night. It probably will be affected if it ends on a weekend at night, when young bidders may be out instead of online.
For some eBay bidders, timing is not a factor. They use software that automatically places bids for them in the final moments of an auction. The bids are often placed so quickly that other bidders do not have time to respond and outbid. Known as "auction sniping," it is an interesting option, but the level of use is unknown.
AuctionStealer, one such software program, claims to have more than half a million users and "snipes" between 10,000 and 20,000 auctions per day. It is not clear if all of those auctions are on eBay. Even so, "sniping software" may actually help spur a last minute bidding war, if other "live" bidders are online trying to win the item. EBay's "one click bidding" makes a final-minute bid easy.
Weekdays or Weekends
As many would expect, eBay is at its busiest during the week. In an interview with Auctionbytes.com, Kevin Pursglove of eBay said Monday through Friday, between approximately 4:30 p.m. and 8:30 p.m. PST, are the busiest times on the auction site. Until evidence is given to the contrary, eBay sellers should consider scheduling their auctions to end on weekdays. A 2008 Pew Research poll found 70% of American workers use the Internet at work. Of those, nearly half use it constantly and 80% use it several times a day. With Internet use at work becoming more prevalent, especially for personal use, it creates a large potential customer base that eBay sellers should try to tap into.
Daytime or Nighttime
While there is no firm evidence that auctions that end during the day fare better than those that end at night, there are some other common practices that tend to produce results. An auction ending time should take into account bidders in all time zones. End it too early, and you possibly deny west coast bidders the chance to start a last-minute bidding frenzy. End too late, and you shut out East Coast bidders who go to bed.
Bruce Hershenson, one of the largest movie poster dealers in the world, now runs his own poster auction site, but he was one of eBay's top sellers for many years until last year. Hershenson ended his weekly eBay auctions at the same time: 7 p.m. central time (usually on Tuesdays or Thursdays). This allowed enough time for East Coast and central time zone customers to place bids before dinner or evening activities.
For the West Coast, that means a 5 p.m. ending time, which is a little early, but late enough for someone to place a last-minute bid before leaving work. The strategy seems to have worked: Hershenson auctions were not only successful, but his movie posters tended to sell for more than the market rate.
Many eBay sellers make the mistake of ending auctions based upon when they start it. If an eBay seller works late nights posting auctions, the ending time will end up being well after midnight. This severely limits the number of bidders seeing the auction at the time. eEay allows for sellers to set times for starts and endings, and it is worth the extra time and effort to set a more reasonable hour.
Source - eHow
When Bidders Bid
While it is difficult to pinpoint exact bidding trends, there are some "facts" most sellers act on. Most accept that bids increase as an auction deadline nears, and Auctionbytes.com research suggests that most bidders wait until the final day of an auction to place a bid. Most eBay users do know that popular items tend to see a flurry of bids at the deadline, so an auction ending time is very important.
Auctioning an item successfully should include understanding target bidders, and that can dictate when an auction is held. For example, auctioning off business equipment would usually appeal to business owners or entrepreneurs. These types of bidders tend to bid during or just after business hours during the week. Ending an auction during weekday business hours (as opposed to late night or weekends) may bring in more attention.
Auctioning off CDs, comic books or collectibles that appeal to younger bidders might not be affected by an auction that ends at night. It probably will be affected if it ends on a weekend at night, when young bidders may be out instead of online.
For some eBay bidders, timing is not a factor. They use software that automatically places bids for them in the final moments of an auction. The bids are often placed so quickly that other bidders do not have time to respond and outbid. Known as "auction sniping," it is an interesting option, but the level of use is unknown.
AuctionStealer, one such software program, claims to have more than half a million users and "snipes" between 10,000 and 20,000 auctions per day. It is not clear if all of those auctions are on eBay. Even so, "sniping software" may actually help spur a last minute bidding war, if other "live" bidders are online trying to win the item. EBay's "one click bidding" makes a final-minute bid easy.
Weekdays or Weekends
As many would expect, eBay is at its busiest during the week. In an interview with Auctionbytes.com, Kevin Pursglove of eBay said Monday through Friday, between approximately 4:30 p.m. and 8:30 p.m. PST, are the busiest times on the auction site. Until evidence is given to the contrary, eBay sellers should consider scheduling their auctions to end on weekdays. A 2008 Pew Research poll found 70% of American workers use the Internet at work. Of those, nearly half use it constantly and 80% use it several times a day. With Internet use at work becoming more prevalent, especially for personal use, it creates a large potential customer base that eBay sellers should try to tap into.
Daytime or Nighttime
While there is no firm evidence that auctions that end during the day fare better than those that end at night, there are some other common practices that tend to produce results. An auction ending time should take into account bidders in all time zones. End it too early, and you possibly deny west coast bidders the chance to start a last-minute bidding frenzy. End too late, and you shut out East Coast bidders who go to bed.
Bruce Hershenson, one of the largest movie poster dealers in the world, now runs his own poster auction site, but he was one of eBay's top sellers for many years until last year. Hershenson ended his weekly eBay auctions at the same time: 7 p.m. central time (usually on Tuesdays or Thursdays). This allowed enough time for East Coast and central time zone customers to place bids before dinner or evening activities.
For the West Coast, that means a 5 p.m. ending time, which is a little early, but late enough for someone to place a last-minute bid before leaving work. The strategy seems to have worked: Hershenson auctions were not only successful, but his movie posters tended to sell for more than the market rate.
Many eBay sellers make the mistake of ending auctions based upon when they start it. If an eBay seller works late nights posting auctions, the ending time will end up being well after midnight. This severely limits the number of bidders seeing the auction at the time. eEay allows for sellers to set times for starts and endings, and it is worth the extra time and effort to set a more reasonable hour.
Source - eHow
The Disadvantages of Adsense
As adsense becomes the most popular publisher program for Price per Click advertising, flaws and disadvantages still exist. Since its inception advertisers have chosen to advertise in search because they felt that visitors would be less targeted. This is a genuine concern and one that makes perfect sense. If you are visiting a website, and notice an advert then the chances are you are not particularly concentrating on its content.
Adsense has also become so popular that people can distinguish them from other adverts. Therefore people may choose to ignore them without even paying them a thought. This has been a hot topic discussed by Bloggers and one that could contain a lot of truth. Many have blamed Google for this, and their decision to include text that says “ads by Google” beneath the advert.
Many publishers also fail to ever gain the revenues they anticipated when starting the program. Those only gaining 30 – 40 visitors a day to their website would be unlikely to earn even one dollar a day. Many advertisers talk of rates such as 1.5%- 5% for traffic to click conversion, whilst only gaining around $0.10 per click.
The maths doesn’t work out great, but you can hardly blame advertisers or Google if you are not bringing enough traffic. The key is to bring targeted traffic to your website that are likely to click on adverts, however it is said that it may be easier on other programs which allow figures such as 75% share of advertising revenues for publishers.
Another disadvantage in adsense is that it has almost become tacky. Its appearance on websites that generally appear to be designed in a DIY fashion has lead people to associate them inextricably. This can only be tackled through adsense evolving to be more attractive to the bigger brands, whilst those who currently use adsense are restricted.
Google Adsense also has to tackle the issue of click fraud which is anticipated to count for over 15% of click through rate in content. This has meant that advertiser’s who have been particularly affected, have moved away to other programs or have restricted their advertising to search.
This has meant that there is less competition in content and therefore smaller revenues for publishers. Publisher’s who previously had high yielding ads, are now having to alter their content to ensure they get any adverts at all. This has largely been the fault of the publishers themselves however the issue is one that; if not addressed could bring adsense to its knees.
Google Adsense also has the disadvantage of not paying enough for their search program. Other similar programs pay higher rates, and if publishers decide to go elsewhere then problems will occur for advertisers and publishers alike. Although Google fail to pay enough for search another major problem with Adsense is that it does not have a powerful database of graphic adverts. Many advertisers prefer showing graphically drive advertisements, however this has yet to materialise. As several other programs exist for PPC graphic distribution problems could occur.
Whilst this may not be a problem for all publishers, many complain that the adverts within their site do not change, so their repeat visitors fail to see fresh adverts so therefore fail to visit them. This is a problem which could be addressed through making adverts rotate. However if adverts rotate then how will that be linked with advertisers paying a rate per click? These are all problems which Google has to address to ensure that Adsense remains the market leader.
Adwords on the other hand also has major advantages, and remains the best in the market. It’s CPC rates can be chosen by the advertisers so that even when they feel that they are not getting the results they expect they can lower their prices whilst still using the service.
Whilst many issues remain with adsense the program still remains the most popular amongst publishers, whilst Google Adwords remains the most popular amongst advertisers; with a database of over 140,000 Adwords will remain on top for the time to come.
Adsense has also become so popular that people can distinguish them from other adverts. Therefore people may choose to ignore them without even paying them a thought. This has been a hot topic discussed by Bloggers and one that could contain a lot of truth. Many have blamed Google for this, and their decision to include text that says “ads by Google” beneath the advert.
Many publishers also fail to ever gain the revenues they anticipated when starting the program. Those only gaining 30 – 40 visitors a day to their website would be unlikely to earn even one dollar a day. Many advertisers talk of rates such as 1.5%- 5% for traffic to click conversion, whilst only gaining around $0.10 per click.
The maths doesn’t work out great, but you can hardly blame advertisers or Google if you are not bringing enough traffic. The key is to bring targeted traffic to your website that are likely to click on adverts, however it is said that it may be easier on other programs which allow figures such as 75% share of advertising revenues for publishers.
Another disadvantage in adsense is that it has almost become tacky. Its appearance on websites that generally appear to be designed in a DIY fashion has lead people to associate them inextricably. This can only be tackled through adsense evolving to be more attractive to the bigger brands, whilst those who currently use adsense are restricted.
Google Adsense also has to tackle the issue of click fraud which is anticipated to count for over 15% of click through rate in content. This has meant that advertiser’s who have been particularly affected, have moved away to other programs or have restricted their advertising to search.
This has meant that there is less competition in content and therefore smaller revenues for publishers. Publisher’s who previously had high yielding ads, are now having to alter their content to ensure they get any adverts at all. This has largely been the fault of the publishers themselves however the issue is one that; if not addressed could bring adsense to its knees.
Google Adsense also has the disadvantage of not paying enough for their search program. Other similar programs pay higher rates, and if publishers decide to go elsewhere then problems will occur for advertisers and publishers alike. Although Google fail to pay enough for search another major problem with Adsense is that it does not have a powerful database of graphic adverts. Many advertisers prefer showing graphically drive advertisements, however this has yet to materialise. As several other programs exist for PPC graphic distribution problems could occur.
Whilst this may not be a problem for all publishers, many complain that the adverts within their site do not change, so their repeat visitors fail to see fresh adverts so therefore fail to visit them. This is a problem which could be addressed through making adverts rotate. However if adverts rotate then how will that be linked with advertisers paying a rate per click? These are all problems which Google has to address to ensure that Adsense remains the market leader.
Adwords on the other hand also has major advantages, and remains the best in the market. It’s CPC rates can be chosen by the advertisers so that even when they feel that they are not getting the results they expect they can lower their prices whilst still using the service.
Whilst many issues remain with adsense the program still remains the most popular amongst publishers, whilst Google Adwords remains the most popular amongst advertisers; with a database of over 140,000 Adwords will remain on top for the time to come.
The Best Strategy for FOREX
Forex trading involves substantial risk of loss and is not suitable for all investors. The best strategy to trade Forex, the international currencies market, is the one that best fits your temperament, personality and trading skill.
Temperament and Time Frame
A key factor in matching your personality with a trading strategy is the main time frame used by a strategy. If you usually seek activities that provide immediate gratification, a strategy based mostly on a four-hour chart will not work for you--even if you see others making money with it. You will be more comfortable trading a strategy that is built around a lower time frame--15, 5 or 1 minute. These time frames demand your constant attention and participation.
Skill Level and Discretion
Another factor to consider in strategy shopping is your current skill level. New traders will likely not be successful with highly discretionary strategies. "Discretionary" means the strategy requires sound trading judgment, based on significant experience. Beginners do not yet have this experience, so they should avoid these strategies.
You do not need much, if any, trading discretion to use a trading "robot"--an automated trading system. These are also sometimes referred to as "Expert Advisers," if your trading platform is Metatrader. If you are considering buying such a resource, seek objective reviews of it first. One place to find such reviews is Forex Peace Army (see link in Resources).
Trade Rooms and Signal Services
Another way for beginning traders to find winning strategies is to join a trade room or signal service. Many services cater to beginning traders by telling them exactly where to place their stop-losses, entries and exits. Do not sign up with a signal service unless it has a consistent record of winning trades. Also, seek a service that provides trading education, as opposed to just signals.
Another approach to finding the ideal strategy for you is to look for one with clear and simple rules for trade entry, exit and management. One such strategy is to place a buy-stop one pip above the previous day's high and a sell-stop one pip below the previous day's low. Set a take profit of 5 pips beyond the entry and a stop loss of 50 pips behind the entry.
Only trade EUR/USD because of the low spread. Note that the risk to reward ratio here is terrible. A little light back testing will show the profit potential of this strategy. As your skills in technical analysis and trading increase, you can refine this method. For other easy-to-learn strategies, see BabyPips.com (see link in Resources).
Creativity
The best trading strategy if you have a creative streak is to "roll your own." Learn about the fundamental tools of technical analysis and, especially, how price action seems to respond to them. These are the tools to learn: Fibonacci levels, moving averages, trend lines, patterns and oscillators. Read just enough about each to let you begin demo trading with it. Study each tool by itself. Carefully log all your observations and questions and review that log regularly.
After you have studied each tool individually, begin combining them. Create your own strategy using the best of each basic tool. Paper and demo trade your strategy for at least 2 months before taking it live.
Source - eHow
Temperament and Time Frame
A key factor in matching your personality with a trading strategy is the main time frame used by a strategy. If you usually seek activities that provide immediate gratification, a strategy based mostly on a four-hour chart will not work for you--even if you see others making money with it. You will be more comfortable trading a strategy that is built around a lower time frame--15, 5 or 1 minute. These time frames demand your constant attention and participation.
Skill Level and Discretion
Another factor to consider in strategy shopping is your current skill level. New traders will likely not be successful with highly discretionary strategies. "Discretionary" means the strategy requires sound trading judgment, based on significant experience. Beginners do not yet have this experience, so they should avoid these strategies.
You do not need much, if any, trading discretion to use a trading "robot"--an automated trading system. These are also sometimes referred to as "Expert Advisers," if your trading platform is Metatrader. If you are considering buying such a resource, seek objective reviews of it first. One place to find such reviews is Forex Peace Army (see link in Resources).
Trade Rooms and Signal Services
Another way for beginning traders to find winning strategies is to join a trade room or signal service. Many services cater to beginning traders by telling them exactly where to place their stop-losses, entries and exits. Do not sign up with a signal service unless it has a consistent record of winning trades. Also, seek a service that provides trading education, as opposed to just signals.
Another approach to finding the ideal strategy for you is to look for one with clear and simple rules for trade entry, exit and management. One such strategy is to place a buy-stop one pip above the previous day's high and a sell-stop one pip below the previous day's low. Set a take profit of 5 pips beyond the entry and a stop loss of 50 pips behind the entry.
Only trade EUR/USD because of the low spread. Note that the risk to reward ratio here is terrible. A little light back testing will show the profit potential of this strategy. As your skills in technical analysis and trading increase, you can refine this method. For other easy-to-learn strategies, see BabyPips.com (see link in Resources).
Creativity
The best trading strategy if you have a creative streak is to "roll your own." Learn about the fundamental tools of technical analysis and, especially, how price action seems to respond to them. These are the tools to learn: Fibonacci levels, moving averages, trend lines, patterns and oscillators. Read just enough about each to let you begin demo trading with it. Study each tool by itself. Carefully log all your observations and questions and review that log regularly.
After you have studied each tool individually, begin combining them. Create your own strategy using the best of each basic tool. Paper and demo trade your strategy for at least 2 months before taking it live.
Source - eHow
The Advantages of Forex Trading in the Stock Markets
Forex is the popular term for foreign exchange markets. The banks and brokerage firms are linked via electronic network to do business in the stock markets. The network allows them to convert currencies worldwide. It became the chief and largest liquefied financial market around the globe. Take for instance, the volume of dollar currencies can rapidly increase in trillions of dollars within a day in currency markets. It even goes beyond the total volume of the total equities in the U.S. as well as future markets.
Forex trading is dominated often by commercial banks, investment banks, and government central banks. This is the main reason why many private investors are dealing on currency exchanges. They find it easier to access the market through technological innovations such as the internet. It also provides the needed information in the stocks market regarding trading forex.
The currencies which are widely traded include British Pound, US Dollar, Japanese Yen, Swiss Franc, Australian Dollar, and Canadian Dollar. Forex trading is done 5 days within a week and the traders can have constant access to various dealers all around the world. The trading does not mainly focus on any exchange or physical location and the transaction happens between two persons via electronic network or a phone line.
Forex trading has grown rapidly on the global market. The restrictions on the flow of capital have even been put off in various countries. This factor leads to market independence settling the forex rates on its perceived values. There are different reasons why forex trading is very popular. It include utmost liquidity, available leverage, lower trading costs. There are different advantages of forex trading in the stock markets. Traders are making bigger sums of money by selling and buying foreign currencies. However, some people might ask of its advantages on the stock market.
1. Liquidity. Forex market can handle transactions even if it reaches 1.5 trillion dollars every day. Take note, this is a very large volume. It only denotes that sellers and buyers are always available regardless of the currency types. So, if the trader wanted to buy, there is always an available seller, and if the trader wanted to sell, there is always an available buyer.
2. There is no insider in the trading systems. Remember, constant value fluctuations of several currencies are caused by economic change. Some traders may obtain the information before others get it. So, they can sell or buy it within the stock markets. However, the nation’s economy is accessible to every trader so nobody can take an inside advantage to anyone.
3. It has accessibility. It is operational for five days within a week and accessible for twenty four hours. Trading can be made during this period.
4. It has more predictability. It always follow the market trends even the trends that are well established.
5. It can allow smaller investments. The potential traders can open mini accounts even for a few bucks of dollars. Forex trading has high leverage which is around 100:1. It only signifies that your assets can be controlled 100 times over your invested money.
6. It has no commissions. The forex trading brokers can earn money through setting their spreads where they weigh the process between selling and buying currencies.
Forex trading can be one of the best systems in day trading. Since it deals with currency trades, it can have the largest volumes of trading. Although it can be labeled as high risks trading systems, it can bring the traders higher returns within minutes.
However traders should be aware that forex trading needs a thorough research before starting it. Never confine yourself with only one source. Always make it a part of your plan to research first before engaging yourself in the real forex trading. It is not enough to know its advantages. As a trader, you need to clearly understand the systems involved in forex trading. It is helpful if you read the latest forums posted in the community boards.
It is also important to find the best forex trading systems. In this manner, you can incorporate a course, software, or method developed by forex trading experts. Take note, there are various system types that are available. It is important to find the right system that will fit in your goals in the industry of trading forex to achieve success.
Forex trading is dominated often by commercial banks, investment banks, and government central banks. This is the main reason why many private investors are dealing on currency exchanges. They find it easier to access the market through technological innovations such as the internet. It also provides the needed information in the stocks market regarding trading forex.
The currencies which are widely traded include British Pound, US Dollar, Japanese Yen, Swiss Franc, Australian Dollar, and Canadian Dollar. Forex trading is done 5 days within a week and the traders can have constant access to various dealers all around the world. The trading does not mainly focus on any exchange or physical location and the transaction happens between two persons via electronic network or a phone line.
Forex trading has grown rapidly on the global market. The restrictions on the flow of capital have even been put off in various countries. This factor leads to market independence settling the forex rates on its perceived values. There are different reasons why forex trading is very popular. It include utmost liquidity, available leverage, lower trading costs. There are different advantages of forex trading in the stock markets. Traders are making bigger sums of money by selling and buying foreign currencies. However, some people might ask of its advantages on the stock market.
1. Liquidity. Forex market can handle transactions even if it reaches 1.5 trillion dollars every day. Take note, this is a very large volume. It only denotes that sellers and buyers are always available regardless of the currency types. So, if the trader wanted to buy, there is always an available seller, and if the trader wanted to sell, there is always an available buyer.
2. There is no insider in the trading systems. Remember, constant value fluctuations of several currencies are caused by economic change. Some traders may obtain the information before others get it. So, they can sell or buy it within the stock markets. However, the nation’s economy is accessible to every trader so nobody can take an inside advantage to anyone.
3. It has accessibility. It is operational for five days within a week and accessible for twenty four hours. Trading can be made during this period.
4. It has more predictability. It always follow the market trends even the trends that are well established.
5. It can allow smaller investments. The potential traders can open mini accounts even for a few bucks of dollars. Forex trading has high leverage which is around 100:1. It only signifies that your assets can be controlled 100 times over your invested money.
6. It has no commissions. The forex trading brokers can earn money through setting their spreads where they weigh the process between selling and buying currencies.
Forex trading can be one of the best systems in day trading. Since it deals with currency trades, it can have the largest volumes of trading. Although it can be labeled as high risks trading systems, it can bring the traders higher returns within minutes.
However traders should be aware that forex trading needs a thorough research before starting it. Never confine yourself with only one source. Always make it a part of your plan to research first before engaging yourself in the real forex trading. It is not enough to know its advantages. As a trader, you need to clearly understand the systems involved in forex trading. It is helpful if you read the latest forums posted in the community boards.
It is also important to find the best forex trading systems. In this manner, you can incorporate a course, software, or method developed by forex trading experts. Take note, there are various system types that are available. It is important to find the right system that will fit in your goals in the industry of trading forex to achieve success.
The Different Forex Trading Strategy to Help You Make More Money and Minimize Risks
People need to make money in order to live a comfortable life. They need it in order to pay for the utility bills, pay for food, for education and other things that are necessary in life. This is why people tend to do anything to make money. Some people work in a company, some people prefer putting up their own business and some people trade in the financial market as a career.
One such financial market that you can really make money from is the Forex market. The Forex market is the largest and the most liquid market in the world with trades open for 24 hours a day and exchanges that amounts to trillions of dollars each trading day.
In order for you to be successful in this market, you need to know the basics about the Forex market. You need to be able to know how to trade, when to trade and what to trade. You will also need to know the different trading strategies in the largest financial market in the world which is the Forex.
Knowing about the different trading strategies in Forex will allow you to minimize the risk of losing money and increase your chances of making huge profits.
First of all, it is important that you should remember that the Forex market can give you the chance to earn a lot of money. It is a known fact that people who have traded in this very liquid market have made millions of dollars almost overnight. You also have to know that the Forex market is also a very risky market to be in. It is also a known fact that many traders in this market have experienced losing a lot of money even to the brink of bankruptcy or beyond.
This is why you should know the different strategies that are necessary in the Forex market. Without these strategies, you will be like a blind man crossing a busy intersection with no one to guide you.
First, you need to realize that Forex trading strategies are very different from the strategies used in stoke trading. If you know about the different trading strategy in Forex, then you will really earn a lot of money from this very large financial market.
One of the most useful strategies that you can apply in the Forex market is called leverage. This is one of the most common strategies that you can use in the Forex market and most Forex traders are familiar with the leverage strategy and many have made large profits from this strategy.
If you already have a funded Forex account, you can use the leverage strategy to help you trade more effectively in the Forex market. Leverage strategy works by giving you 100 times the amount of money that you can trade in your deposited account. Therefore, if you do win, your income will also increase 100 times. This will allow better results in your trades.
Another strategy that is commonly used in the Forex market is called the stop loss order. This strategy is used to protect you from potentially losing a lot of money. This works by letting you choose a predetermined point in the trade where you will not trade. Therefore, it will eventually minimize the risks. However, if the movement of the currency is not like what you actually predicted, you will end up losing potential money making opportunity with this kind of trade.
Automatic entry order is another Forex trading strategy that you can use when you trade in the Forex market. This will allow you to enter the Forex market automatically when the price of a particular currency is right for you. The price is predetermined and once it reaches that predetermined price, you will be automatically entered into the trades.
These strategies will help you trade in the Forex market more effectively. It will eventually help you minimize the risk and maximize your income earning potential. However, you should always remember that you should know when you should use these strategies. It is also important that you should remember that there is always the risk of losing money when trading in Forex. These strategies will not necessarily eliminate the risk but will minimize it.
One such financial market that you can really make money from is the Forex market. The Forex market is the largest and the most liquid market in the world with trades open for 24 hours a day and exchanges that amounts to trillions of dollars each trading day.
In order for you to be successful in this market, you need to know the basics about the Forex market. You need to be able to know how to trade, when to trade and what to trade. You will also need to know the different trading strategies in the largest financial market in the world which is the Forex.
Knowing about the different trading strategies in Forex will allow you to minimize the risk of losing money and increase your chances of making huge profits.
First of all, it is important that you should remember that the Forex market can give you the chance to earn a lot of money. It is a known fact that people who have traded in this very liquid market have made millions of dollars almost overnight. You also have to know that the Forex market is also a very risky market to be in. It is also a known fact that many traders in this market have experienced losing a lot of money even to the brink of bankruptcy or beyond.
This is why you should know the different strategies that are necessary in the Forex market. Without these strategies, you will be like a blind man crossing a busy intersection with no one to guide you.
First, you need to realize that Forex trading strategies are very different from the strategies used in stoke trading. If you know about the different trading strategy in Forex, then you will really earn a lot of money from this very large financial market.
One of the most useful strategies that you can apply in the Forex market is called leverage. This is one of the most common strategies that you can use in the Forex market and most Forex traders are familiar with the leverage strategy and many have made large profits from this strategy.
If you already have a funded Forex account, you can use the leverage strategy to help you trade more effectively in the Forex market. Leverage strategy works by giving you 100 times the amount of money that you can trade in your deposited account. Therefore, if you do win, your income will also increase 100 times. This will allow better results in your trades.
Another strategy that is commonly used in the Forex market is called the stop loss order. This strategy is used to protect you from potentially losing a lot of money. This works by letting you choose a predetermined point in the trade where you will not trade. Therefore, it will eventually minimize the risks. However, if the movement of the currency is not like what you actually predicted, you will end up losing potential money making opportunity with this kind of trade.
Automatic entry order is another Forex trading strategy that you can use when you trade in the Forex market. This will allow you to enter the Forex market automatically when the price of a particular currency is right for you. The price is predetermined and once it reaches that predetermined price, you will be automatically entered into the trades.
These strategies will help you trade in the Forex market more effectively. It will eventually help you minimize the risk and maximize your income earning potential. However, you should always remember that you should know when you should use these strategies. It is also important that you should remember that there is always the risk of losing money when trading in Forex. These strategies will not necessarily eliminate the risk but will minimize it.
The eBay Trading Assistants Program
If you excel at eBay auctions, you might want to consider an additional source of revenue as well. The eBay Trading Assistant Program will allow you to sell items for other eBay members on consignment. Being successful at your own auctions is the key to becoming a successful trading assistant for other people.
Often, newcomers simply don’t know how to make their items sell. Many people who are auctioning off a one time big ticket item, such as cars or real estate, will often employ the services of an eBay Trading Assistant. Items such as these can add up to very big commissions for serious trading assistants!
Usually, trading assistants are responsible for every aspect of the auction, including shipping the product to the customer and collecting payment. For high ticket items, the person who hires Trading Assistants get access to trading assistant marketing materials which are quite helpful.
In order to become an approved trading assistant, you must have sold at least ten items in the last ninety days, have a feedback score of at least 100 with 97% positive feedback or higher, and your eBay account must be in good standing.
Often, newcomers simply don’t know how to make their items sell. Many people who are auctioning off a one time big ticket item, such as cars or real estate, will often employ the services of an eBay Trading Assistant. Items such as these can add up to very big commissions for serious trading assistants!
Usually, trading assistants are responsible for every aspect of the auction, including shipping the product to the customer and collecting payment. For high ticket items, the person who hires Trading Assistants get access to trading assistant marketing materials which are quite helpful.
In order to become an approved trading assistant, you must have sold at least ten items in the last ninety days, have a feedback score of at least 100 with 97% positive feedback or higher, and your eBay account must be in good standing.
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