Why Forex trading? This is probably one of the questions that you need a reasonable answer. There are hundreds of investments out there that you can prefer, but why go trading foreign currencies instead? Forex investment is unique in various aspects. Its trading volume is relatively huge compared to other market.
It has extreme liquidity or the capability of either buying or selling the currency without causing significant movement in the market price. It has the largest number and variety of traders. It is one of the markets that have long trading hours (24 hours each day, except during weekends. Trading locations are almost everywhere, not just in the United States or major cities of Europe. There are different factors that affect foreign exchange rate.
Another whooping fact that will make you excited to go on Forex trading: it has an average turnover in traditional foreign exchange market of around $1.88 trillion daily, according to the Triennial Central Bank Survey of the BIS (Bank for International Settlements). Here are the daily averages of turnover on the Forex market for the last 17 years:
$500 billion (April 1989)
$750 billion (April 1992)
$1.18 trillion (April 1995)
$1.48 trillion (April 1998)
$1.16 trillion (April 2001)
$1.88 trillion (April 2004)
From the figures alone, you will notice that the average trend of Forex turnover is increasing. It is estimated to reach as high as 2 to 3 trillion dollars within the next 8 to 10 years, if the number of traders around the world will continue to increase. As a matter of fact, everyone have the chance of getting a substantial slice of the Forex market wealth pie, especially that the Forex trading marketing is now on its automation process.
The concept of automation becomes the new trend to the foreign exchange trading market. The Interbank spot Forex market has also considered switching to the automated method as well. There are several benefits that a Forex trader can derive from automated Forex trading. Here are some of such benefits and figure out why Forex trading as well as other investments (futures and commodities) prefer the automated process.
Through automated process, transactions can now be done in real time. Although manual systems have existed for quite some time now, it is difficult to achieve such benefit that the automated Forex system can offer to its traders. All of the trades can happen within a few milliseconds and can be a big plus for automated transactions against the manual system. In fact, there are problems that are addressed using automated Forex trading especially if the trader is losing a few times in a row that prevents him from making new trades. Such problem could be addressed using the automatic trading system.
With automated Forex trading, you will have a greater diversification. It means that you can trade in various markets in different time zones at a time. You can execute trades with traders from Singapore or London even it is already 12 midnight in the United States. This benefit allows you a multiple exchange model option. You can use varying trading models to evaluate short-term data. This means that you will be able to predict the trend for a shorter period of time, let us say from fifteen minutes to half an hour.
As previously mentioned, the Forex market is unique because of its extreme liquidity. This liquidity is increased when the market goes automated. Risk management problems are solved through automated Forex trading. International checks, which are commonly used in making purchases on Forex market, are synchronized through automated technology. Since the transaction in an automated process is now on real time, there is a slim chance that the payments will be delayed, reducing the risk of non-payment by either parties. Although there are problems noted with the use of the automated system, it can be fixed through consistently-updated technologies.
With automated Forex trading market, the prediction of $2-3 trillion average daily turnover within the nest 8 to 10 years can be changed within the next 4 to 5 years. Given the quick yet efficient trades on varying time zones, automated Forex trading will now be among the existing lucrative business around the world.
5.1.12
FOREX Boomerang Testing
The term "forex" is short for "foreign exchange," and represents the brisk trade in international currencies. The global forex market is very busy, with an average daily turnover of $4.0 trillion as of April 2010. The market operates 24 hours a day, 5 days a week. It continues to grow, with almost 55 percent of forex transactions taking place through banks in Great Britain and the United States. Many forex traders are individuals, and the boomerang is a strategy individual traders test and use in the market.
Forex Basics
Forex is also known as FX, or sometimes 4X. Forex is an over-the-counter market, which simply means that one financial instrument is traded directly for another. All trades are done by computer, and a trade is executed in the act of buying one currency while simultaneously selling another. In short, a trader exchanges one type of currency for another. Approximately five percent of forex traders consist of companies that buy and sell products with foreign countries, and convert profits into local currencies. The other 95 percent of forex traders are speculators who trade strictly for profit.
Testing
Testing refers to simulation of a trading environment. The simulation is used to test trading strategies without actually risking any money. The theory behind testing is that trading strategies replicated successfully in a testing environment, using historical market data, may be successful in real trading. Strategies can be implemented manually, or automated with software known as trading robots.
Boomerang
The boomerang strategy is designed for the EUR/USD currency pair. This is the most commonly traded currency pair in forex and it has a narrow bid-ask spread, which is the difference between what a seller is asking and what a potential buyer is bidding. A narrow spread is conducive to trading strategies involving quick execution. The boomerang is that type of strategy, and is based on the tendency of the forex market to have very little activity at certain times of the day. This is due to inactivity in the three major forex markets -- Great Britain, the United States and Japan. This creates unpredictable and unreliable market movements.
The Strategy
The boomerang strategy starts with a sell order for a currency, entered at a price that is above the current market price. This allows a possible execution if the market moves higher. At the same time, another trade is set as a buy order at a price below the market, to execute in case the market moves down. A common term in forex trading is "pip," which stands for "percentage in point," and is the smallest allowable change in price, equal to $0.0001. In the boomerang strategy, trades are set at 15 pips above and below the market price, with stop-loss orders placed on each trade in a 15-pip margin. A stop-loss, also known as a stop order or stop-market order, is a sell order placed to execute when a security --- in this case, a certain currency --- reaches a designated price. Stop-loss orders are used to limit a trader's losses on his positions.
Trading Activity
Since trading activity is very thin during the major markets' downtime, one large trade order can move the market, with the probability that the market will retrace, or move right back to where it was. This provides the opportunity to execute at least one trade. This strategy is designed to close trades quickly to make a profit, but is best used by an experienced trader.
Source - eHow
Forex Basics
Forex is also known as FX, or sometimes 4X. Forex is an over-the-counter market, which simply means that one financial instrument is traded directly for another. All trades are done by computer, and a trade is executed in the act of buying one currency while simultaneously selling another. In short, a trader exchanges one type of currency for another. Approximately five percent of forex traders consist of companies that buy and sell products with foreign countries, and convert profits into local currencies. The other 95 percent of forex traders are speculators who trade strictly for profit.
Testing
Testing refers to simulation of a trading environment. The simulation is used to test trading strategies without actually risking any money. The theory behind testing is that trading strategies replicated successfully in a testing environment, using historical market data, may be successful in real trading. Strategies can be implemented manually, or automated with software known as trading robots.
Boomerang
The boomerang strategy is designed for the EUR/USD currency pair. This is the most commonly traded currency pair in forex and it has a narrow bid-ask spread, which is the difference between what a seller is asking and what a potential buyer is bidding. A narrow spread is conducive to trading strategies involving quick execution. The boomerang is that type of strategy, and is based on the tendency of the forex market to have very little activity at certain times of the day. This is due to inactivity in the three major forex markets -- Great Britain, the United States and Japan. This creates unpredictable and unreliable market movements.
The Strategy
The boomerang strategy starts with a sell order for a currency, entered at a price that is above the current market price. This allows a possible execution if the market moves higher. At the same time, another trade is set as a buy order at a price below the market, to execute in case the market moves down. A common term in forex trading is "pip," which stands for "percentage in point," and is the smallest allowable change in price, equal to $0.0001. In the boomerang strategy, trades are set at 15 pips above and below the market price, with stop-loss orders placed on each trade in a 15-pip margin. A stop-loss, also known as a stop order or stop-market order, is a sell order placed to execute when a security --- in this case, a certain currency --- reaches a designated price. Stop-loss orders are used to limit a trader's losses on his positions.
Trading Activity
Since trading activity is very thin during the major markets' downtime, one large trade order can move the market, with the probability that the market will retrace, or move right back to where it was. This provides the opportunity to execute at least one trade. This strategy is designed to close trades quickly to make a profit, but is best used by an experienced trader.
Source - eHow
EBay Income Possibilities.
If you've ever read an article about eBay, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay.
Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few. Now consider that every single one of one of them must be making at least $1,000 per month, as that's eBay's requirement for becoming a PowerSeller. Silver PowerSellers make at least $3,000 each month, while Gold PowerSellers make more than $10,000, and the Platinum level is $25,000. The top ranking is Titanium PowerSeller, and to qualify you must make at least $150,000 in sales every month!
The fact that these people exist gives you come idea of the income possibilities here. Most of them never set out to even set up a business on eBay - they simply started selling a few things, and then kept going. There are plenty of people whose full-time job is selling things on eBay, and some of them have been doing it for years now. Can you imagine that? Once they've bought the stock, everything else is pretty much pure profit for these people - they don't need to pay for any business premises, staff, or anything else. There are multi-million pound businesses making less in actual profit than eBay PowerSellers do.
Even if you don't want to quit your job and really go for it, you can still use eBay to make a significant second income. You can pack up orders during the week and take them down to the post office for delivery each Saturday. There are few other things you could be doing with your spare time that have anywhere near that kind of earning potential.
What's more, eBay doesn't care who you are, where you live, or what you look like: some PowerSellers are very old, or very young. Some live out in the middle of nowhere where selling on eBay is one of the few alternatives to farming or being very poor. eBay tears down the barriers to earning that the real world constantly puts up. There's no job interview and no commuting involved - if you can post things, you can do it.
Put it this way: if you know where to get something reasonably cheaply that you could sell, then you can sell it on eBay - and since you can always get discounts for bulk at wholesale, that's not exactly difficult. Buy a job lot of something in-demand cheaply, sell it on eBay, and you're making money already, with no set-up costs.
If you want to dip your toe in the water before you commit to actually buying anything, then you can just sell things that you've got lying around in the house. Search through that cupboard of stuff you never use, and you'll probably find you've got a few hundred dollars' worth of stuff lying around in there! This is the power of eBay: there is always someone who wants what you're selling, whatever it might be, and since they've come looking for you, you don't even need to do anything to get them to buy it.
So you want to get started on eBay? Well, that's great! There are only a few little things you need to learn to get started. Our next email will give you the lowdown.
Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few. Now consider that every single one of one of them must be making at least $1,000 per month, as that's eBay's requirement for becoming a PowerSeller. Silver PowerSellers make at least $3,000 each month, while Gold PowerSellers make more than $10,000, and the Platinum level is $25,000. The top ranking is Titanium PowerSeller, and to qualify you must make at least $150,000 in sales every month!
The fact that these people exist gives you come idea of the income possibilities here. Most of them never set out to even set up a business on eBay - they simply started selling a few things, and then kept going. There are plenty of people whose full-time job is selling things on eBay, and some of them have been doing it for years now. Can you imagine that? Once they've bought the stock, everything else is pretty much pure profit for these people - they don't need to pay for any business premises, staff, or anything else. There are multi-million pound businesses making less in actual profit than eBay PowerSellers do.
Even if you don't want to quit your job and really go for it, you can still use eBay to make a significant second income. You can pack up orders during the week and take them down to the post office for delivery each Saturday. There are few other things you could be doing with your spare time that have anywhere near that kind of earning potential.
What's more, eBay doesn't care who you are, where you live, or what you look like: some PowerSellers are very old, or very young. Some live out in the middle of nowhere where selling on eBay is one of the few alternatives to farming or being very poor. eBay tears down the barriers to earning that the real world constantly puts up. There's no job interview and no commuting involved - if you can post things, you can do it.
Put it this way: if you know where to get something reasonably cheaply that you could sell, then you can sell it on eBay - and since you can always get discounts for bulk at wholesale, that's not exactly difficult. Buy a job lot of something in-demand cheaply, sell it on eBay, and you're making money already, with no set-up costs.
If you want to dip your toe in the water before you commit to actually buying anything, then you can just sell things that you've got lying around in the house. Search through that cupboard of stuff you never use, and you'll probably find you've got a few hundred dollars' worth of stuff lying around in there! This is the power of eBay: there is always someone who wants what you're selling, whatever it might be, and since they've come looking for you, you don't even need to do anything to get them to buy it.
So you want to get started on eBay? Well, that's great! There are only a few little things you need to learn to get started. Our next email will give you the lowdown.
eBay and Drop shipping – Getting the Product to
If you hope to own an eBay business, and make a full time living at it, you can easily make that dream come true – even if you don’t have a product of your own to sell. eBay provides many people who want to quit their corporate nine-to-five jobs with a way to make a good living, without having to put up a lot of start up capital.
This is made possible with the help of drop shippers. Drop shippers send merchandise to the customers of business owners. If you have an eBay business, you are a business owner. This will allow you to offer a wide variety of stock in your eBay store, without having the need to warehouse all of those products!
All you have to do is set up your auction, and sell the product. You then pass the customer’s information on to the drop shipping company. The drop shipper does the rest, and they will even use your company information, as well as your company logo if you have provided it to them. When the product arrives at your customer’s home, they will have no idea that your company didn’t send it. The drop shipper will package, label, and ship the products that you sell, allowing you more time to set up even more auctions, for greater profits.
You must establish a relationship with several drop shipping companies in order to become successful. In the beginning, most companies will require you to pay for the items that your customers order before they are shipped. You need to fill orders in a timely manner, so you should pay for the items with a credit card for speedy service. Eventually, you will be able to have the drop shipper fill your orders, and then bill you for them later.
When you set up your eBay auctions, make sure that your reserve price is set higher than the price that the drop shipper will be charging you for the item. The idea, of course, is to earn a profit! Depending on the item you are selling, a markup of about 10% should be about right, but you should do some research to see if the item is selling for a lower price in another eBay auction, or through other online sources.
By starting an eBay business using the drop shipping method, there is essentially no financial risk involved. The product will be sold before you pay the drop shipper for the item. This is one of the few businesses where you can actually turn a profit before you have expenditures!
This is made possible with the help of drop shippers. Drop shippers send merchandise to the customers of business owners. If you have an eBay business, you are a business owner. This will allow you to offer a wide variety of stock in your eBay store, without having the need to warehouse all of those products!
All you have to do is set up your auction, and sell the product. You then pass the customer’s information on to the drop shipping company. The drop shipper does the rest, and they will even use your company information, as well as your company logo if you have provided it to them. When the product arrives at your customer’s home, they will have no idea that your company didn’t send it. The drop shipper will package, label, and ship the products that you sell, allowing you more time to set up even more auctions, for greater profits.
You must establish a relationship with several drop shipping companies in order to become successful. In the beginning, most companies will require you to pay for the items that your customers order before they are shipped. You need to fill orders in a timely manner, so you should pay for the items with a credit card for speedy service. Eventually, you will be able to have the drop shipper fill your orders, and then bill you for them later.
When you set up your eBay auctions, make sure that your reserve price is set higher than the price that the drop shipper will be charging you for the item. The idea, of course, is to earn a profit! Depending on the item you are selling, a markup of about 10% should be about right, but you should do some research to see if the item is selling for a lower price in another eBay auction, or through other online sources.
By starting an eBay business using the drop shipping method, there is essentially no financial risk involved. The product will be sold before you pay the drop shipper for the item. This is one of the few businesses where you can actually turn a profit before you have expenditures!
eBay Sellers: How to Deal with Difficult Customers
If you are an eBay seller, you will have to do business with eBay buyers. As traditional retailers do, you may also have a problem with some customers. While the majority of eBay buyers are more than pleasant to deal with, there are some who can “ruffle your feathers.” While your first thought may be to give a difficult eBay buyer a piece of your mind, you may want to refrain from doing so, especially if you rely on eBay to generate income for yourself and your family.
When it comes to dealing with difficult eBay buyers, one problem that commonly arises is with your current auction listings. It is not uncommon to get an eBay message from a buyer requesting that you lower your price on one of your listed items. In fact, it is not uncommon for an eBay buyer to mention that other eBay sellers have the same items listed for less. If and when this ever happens to you, you will want to keep your cool.
You should simply state that you are unable to lower your asking price. Kindly suggest to the eBay buyer in question that if they are looking for more affordable prices, they should consider doing business with an eBay seller who offers more affordable merchandise. The decision as to whether or not you want to lower your eBay prices is yours to make, but you should never feel pressured into doing so.
Another situation that commonly arises on eBay, concerning difficult eBay buyers, is the payment process. There are many eBay buyers who make the mistake of assuming that all eBay sellers accept the same methods of payments, but not all do. One of the most common methods of payment accepted is PayPal. If you currently do not have a PayPal account, you may want to look into doing so. Regardless of what methods of payments you do accept, you are urged to outline them in your auction listings.
Yes, eBay has a section for that, but, unfortunately, not all sellers make their way down to that section. Should you have a buyer that wants to make alternative arrangements, you need to use your best judgment. If you cannot reach an agreement, eBay should be notified.
One of the other common problems that arise on eBay, with difficult eBay buyers, is those who refuse to pay. With eBay, if you bid on an auction and win it, you are responsible for making payment; however, that doesn’t mean that everyone does. When trying to request payment from a non-paying eBay buyer, you will want to stay professional when doing so. By simply sending a few reminder notices you should still be able to keep your positive image. If you haven’t heard anything from your non-paying eBay buyer, you may want to contact eBay after about a week. eBay has a process that allows you to get your fees back, as well as a process that will gives non-paying eBay buyers a negative feedback rating.
It is also not uncommon for an eBay buyer to be unhappy with the item that they purchased and received from you. If this happens, you need to also use your best judgment. To prevent a problem from occurring, you will want to make sure that you provide a detailed description of whatever you are selling, as well as numerous pictures. It is also advised that you outline a return policy, whether or not you actually have one. Should you have intentionally or unintentionally mislead an eBay buyer, you should make the situation right; however, stand your ground if you are being scammed or “taken for a ride.”
The above mentioned situations are just a few of the many that you may come across as an eBay seller. No matter what situation arises, you are advised to use your best judgment and also keep your cool. In the end, you will be glad that you did.
When it comes to dealing with difficult eBay buyers, one problem that commonly arises is with your current auction listings. It is not uncommon to get an eBay message from a buyer requesting that you lower your price on one of your listed items. In fact, it is not uncommon for an eBay buyer to mention that other eBay sellers have the same items listed for less. If and when this ever happens to you, you will want to keep your cool.
You should simply state that you are unable to lower your asking price. Kindly suggest to the eBay buyer in question that if they are looking for more affordable prices, they should consider doing business with an eBay seller who offers more affordable merchandise. The decision as to whether or not you want to lower your eBay prices is yours to make, but you should never feel pressured into doing so.
Another situation that commonly arises on eBay, concerning difficult eBay buyers, is the payment process. There are many eBay buyers who make the mistake of assuming that all eBay sellers accept the same methods of payments, but not all do. One of the most common methods of payment accepted is PayPal. If you currently do not have a PayPal account, you may want to look into doing so. Regardless of what methods of payments you do accept, you are urged to outline them in your auction listings.
Yes, eBay has a section for that, but, unfortunately, not all sellers make their way down to that section. Should you have a buyer that wants to make alternative arrangements, you need to use your best judgment. If you cannot reach an agreement, eBay should be notified.
One of the other common problems that arise on eBay, with difficult eBay buyers, is those who refuse to pay. With eBay, if you bid on an auction and win it, you are responsible for making payment; however, that doesn’t mean that everyone does. When trying to request payment from a non-paying eBay buyer, you will want to stay professional when doing so. By simply sending a few reminder notices you should still be able to keep your positive image. If you haven’t heard anything from your non-paying eBay buyer, you may want to contact eBay after about a week. eBay has a process that allows you to get your fees back, as well as a process that will gives non-paying eBay buyers a negative feedback rating.
It is also not uncommon for an eBay buyer to be unhappy with the item that they purchased and received from you. If this happens, you need to also use your best judgment. To prevent a problem from occurring, you will want to make sure that you provide a detailed description of whatever you are selling, as well as numerous pictures. It is also advised that you outline a return policy, whether or not you actually have one. Should you have intentionally or unintentionally mislead an eBay buyer, you should make the situation right; however, stand your ground if you are being scammed or “taken for a ride.”
The above mentioned situations are just a few of the many that you may come across as an eBay seller. No matter what situation arises, you are advised to use your best judgment and also keep your cool. In the end, you will be glad that you did.
Don't Get Caught With Google Adsense Click Fraud
Many web site owners are getting their Google Adsense account terminated when they have done nothing wrong to deserve the punishment. Considering the money that they are getting from Adsense, they would certainly want to get back into it. Considering the money to be made with Adsense, it is no wonder that they would want to get back into it. It is that same consideration why the Google Adsense click fraud is thought of and why many people are getting into it.
Click fraud is the act of clicking on ads for the purpose of costing the advertiser money. It is simply the same as paying out cash for false leads. Many people website owners are aware of this fraud and are sharing the same sentiment that this is the one big problem that Adsense is facing.
How do you prevent being involved in this fraud?
Majority of web hosts are offering access logs. Once this is offered to you, it is necessary that you hand it over to Google as well. This allows them to look for any suspicious activity on your site. Problems like this are very serious and giving it to them is saying that you would want to help them in any way you can in solving the problem.
It can also help if you have a click monitoring software. If you do not have one yet, you should try and get one. There is absolutely no major factor preventing you from having one because most of this software is free. As usual, all the information you have received should be turned over to Google. This is showing Google that you too are fighting against click frauds and is in no way a part of it.
Study your server logs and watch for any activity that seems suspicious. Report anything that you may find odd, may it big or small thing. You may want to consider disabling ads for your own IP address and local geographic area. This will certainly prevent accidents and will not make Google mistake another user as you. You can do through a htaccess file. This will avoid Google mistaking as clicking on your own ads and be kicked out because of it.
Keep your Adsense off on pop ups and pop unders. Your ads should not be displayed on content sites that promote illegal activity or tampering of the legal rights of other people or business. Included in this are the content that is considered adult and gambling ones. If you think that you may be breaking this rule, immediately remove your content or Adsense from the web page.
Be truthful and confess up to Google about times when you might have clicked on your own as, whether accidentally or intentionally. Or the times when you have done something that is against the Terms of Service that they are implementing. Be honest about anything that you may have done that is wrong. Confessing is way better than Google learning about it eventually. It would mean eventual termination and no getting back what you have worked so hard for.
Do not tell your family or friends about Adsense on your website. Chances are they may start clicking on them to help you make money without you knowing it. They may be doing more harm to you than help by trying it in the first place. If ever someone you know chanced upon your Adsense, make sure they understand that they cannot click on your ads under any circumstances. It would be wise to brief them on important things about Adsense and what not to do with them.
Most pay per click networks have different measures in hand to protect website owners against click frauds. Other search engines can track more than 50 data points, IP address, browser’s information, user’s session info and pattern recognition. They also have “systems” available that detects fraud. Not to mention the specialized teams monitoring how things are going and helping advertisers stop click frauds.
Google offers suggestion on how to avoid click fraud. Using “negative keywords” can be used to keep your Adsense showing on products and services that are in no way related to yours. Adding tracking URLs to your links so you can track the traffic coming from Google. Do not be caught in the Google click fraud. Be aware and be wary.
Click fraud is the act of clicking on ads for the purpose of costing the advertiser money. It is simply the same as paying out cash for false leads. Many people website owners are aware of this fraud and are sharing the same sentiment that this is the one big problem that Adsense is facing.
How do you prevent being involved in this fraud?
Majority of web hosts are offering access logs. Once this is offered to you, it is necessary that you hand it over to Google as well. This allows them to look for any suspicious activity on your site. Problems like this are very serious and giving it to them is saying that you would want to help them in any way you can in solving the problem.
It can also help if you have a click monitoring software. If you do not have one yet, you should try and get one. There is absolutely no major factor preventing you from having one because most of this software is free. As usual, all the information you have received should be turned over to Google. This is showing Google that you too are fighting against click frauds and is in no way a part of it.
Study your server logs and watch for any activity that seems suspicious. Report anything that you may find odd, may it big or small thing. You may want to consider disabling ads for your own IP address and local geographic area. This will certainly prevent accidents and will not make Google mistake another user as you. You can do through a htaccess file. This will avoid Google mistaking as clicking on your own ads and be kicked out because of it.
Keep your Adsense off on pop ups and pop unders. Your ads should not be displayed on content sites that promote illegal activity or tampering of the legal rights of other people or business. Included in this are the content that is considered adult and gambling ones. If you think that you may be breaking this rule, immediately remove your content or Adsense from the web page.
Be truthful and confess up to Google about times when you might have clicked on your own as, whether accidentally or intentionally. Or the times when you have done something that is against the Terms of Service that they are implementing. Be honest about anything that you may have done that is wrong. Confessing is way better than Google learning about it eventually. It would mean eventual termination and no getting back what you have worked so hard for.
Do not tell your family or friends about Adsense on your website. Chances are they may start clicking on them to help you make money without you knowing it. They may be doing more harm to you than help by trying it in the first place. If ever someone you know chanced upon your Adsense, make sure they understand that they cannot click on your ads under any circumstances. It would be wise to brief them on important things about Adsense and what not to do with them.
Most pay per click networks have different measures in hand to protect website owners against click frauds. Other search engines can track more than 50 data points, IP address, browser’s information, user’s session info and pattern recognition. They also have “systems” available that detects fraud. Not to mention the specialized teams monitoring how things are going and helping advertisers stop click frauds.
Google offers suggestion on how to avoid click fraud. Using “negative keywords” can be used to keep your Adsense showing on products and services that are in no way related to yours. Adding tracking URLs to your links so you can track the traffic coming from Google. Do not be caught in the Google click fraud. Be aware and be wary.
Effective Advices for Forex Trading Beginners
Not all people are familiar with forex trading. In fact, most people think that when you talk about forex trading, it has something to do with stocks or bonds. But forex trading is different from stocks or bonds. It involves the trading of currency pairs. Currencies are traded in pairs, and you can't find a particular currency without a pair. The major currencies being traded are chosen above the rest because they are stable and have a greater value than other foreign currencies.
Every time a new comer arrives in the market, the very first ones to take notice of them are what you call frauds. That is why, if you're new in forex trading, you need to take some advice. It doesn’t hurt to ask for advice from the ones who are already engaged in forex trading. In fact, you can make use of their advice for your own good, and even to your advantage.
Since forex trading is globally available, it is not surprising if there are frauds that are able to infiltrate the financial market. To safeguard people from these frauds, they must be made aware of these growing fact, so that they will be able to protect their trading career. The opportunities that forex trading provides for different individuals, firms, and organizations is growing rapidly every year. And accompanying this growth is the widespread growth of different scams related with forex trading. But you should not worry because there are a lot of legitimate companies or firms that can help you in forex trading.
The best thing to do is to find these legitimate companies to stay away from fraudulent ones. However, most new traders fall prey to these scammers because of their savory offers. A piece of advice: stay away from companies or firms which advertise high profits for minimal risks. In today's financial market, if you want to earn high profits, then you are likely subjected to high risks as well. These things always go together.
Always stay on the safe side. If you're looking for a forex trading broker, and of course, each broker is part of a certain company, make sure that you select a government registered company. In signing any contract with them, double check if they are registered or certified brokers. This is a good step to undertake in order to prevent any misfortune that you might encounter in the future.
The job of reducing the risk is entirely yours, not that of the broker; so if the company offers or promises little risks, guaranteed profits, and the like, that is a sure sign that they are there to make a fool out of you. Professional trader or not, a little use of the common sense can go a long way. Before doing any forex trade, do your homework. Research all the necessary details about trading. Ever heard of inter-bank market? Stay away from companies which lure you into trading in the inter-bank market because the currency transactions are negotiated in a wobbly network of large companies and financial institutions.
If a certain company does not disclose any information about their background, that should serve as a red flag. It means that you should continue doing transactions with them. Nor is it advisable to transfer/send cash through the mail or the internet. Practice caution in everything you do, and you'll be more than sure that you are always safe.
Fraudelent companies often solicit services and advertise soaring pressure tactics to attract you in participating or joining their services. Offshore companies which guarantees no risk and return of profit is a big no. Always be skeptical and don’t jump in to any instant offer that comes your way. You can decide for yourself. After all these pieces of advice, it will still depend entirely on you whether you will apply it or not. You are the one who will be subject to fraudulent individuals or companies. If you want to protect your forex trading career, carefully consider these things.
With patience and a little diligence, you can expect for a successful forex trading career. These frauds which abound in the financial market will not succeed if only people are alert and skeptical.
Every time a new comer arrives in the market, the very first ones to take notice of them are what you call frauds. That is why, if you're new in forex trading, you need to take some advice. It doesn’t hurt to ask for advice from the ones who are already engaged in forex trading. In fact, you can make use of their advice for your own good, and even to your advantage.
Since forex trading is globally available, it is not surprising if there are frauds that are able to infiltrate the financial market. To safeguard people from these frauds, they must be made aware of these growing fact, so that they will be able to protect their trading career. The opportunities that forex trading provides for different individuals, firms, and organizations is growing rapidly every year. And accompanying this growth is the widespread growth of different scams related with forex trading. But you should not worry because there are a lot of legitimate companies or firms that can help you in forex trading.
The best thing to do is to find these legitimate companies to stay away from fraudulent ones. However, most new traders fall prey to these scammers because of their savory offers. A piece of advice: stay away from companies or firms which advertise high profits for minimal risks. In today's financial market, if you want to earn high profits, then you are likely subjected to high risks as well. These things always go together.
Always stay on the safe side. If you're looking for a forex trading broker, and of course, each broker is part of a certain company, make sure that you select a government registered company. In signing any contract with them, double check if they are registered or certified brokers. This is a good step to undertake in order to prevent any misfortune that you might encounter in the future.
The job of reducing the risk is entirely yours, not that of the broker; so if the company offers or promises little risks, guaranteed profits, and the like, that is a sure sign that they are there to make a fool out of you. Professional trader or not, a little use of the common sense can go a long way. Before doing any forex trade, do your homework. Research all the necessary details about trading. Ever heard of inter-bank market? Stay away from companies which lure you into trading in the inter-bank market because the currency transactions are negotiated in a wobbly network of large companies and financial institutions.
If a certain company does not disclose any information about their background, that should serve as a red flag. It means that you should continue doing transactions with them. Nor is it advisable to transfer/send cash through the mail or the internet. Practice caution in everything you do, and you'll be more than sure that you are always safe.
Fraudelent companies often solicit services and advertise soaring pressure tactics to attract you in participating or joining their services. Offshore companies which guarantees no risk and return of profit is a big no. Always be skeptical and don’t jump in to any instant offer that comes your way. You can decide for yourself. After all these pieces of advice, it will still depend entirely on you whether you will apply it or not. You are the one who will be subject to fraudulent individuals or companies. If you want to protect your forex trading career, carefully consider these things.
With patience and a little diligence, you can expect for a successful forex trading career. These frauds which abound in the financial market will not succeed if only people are alert and skeptical.
eBay Sellers: How to Market Your Auctions
Are you an eBay seller? If you are, your goal is likely to make as much money as you can by selling products that you no longer need or want on eBay. Unfortunately, there are now thousands, if not millions, of individuals who are interested in doing the same thing. For you, this often means a steady increase in competition. However, even with competition, you should still be able to make a profit when using eBay, but you may need a little bit of help. That help could from marketing.
When many of us think of internet marketing, we often automatically think of online retail stores or online websites. Although you are not running your own online retail store, you are trying to make a profit online; therefore, you are, in a way, like a retailer. Just having your for sale items listed on eBay is enough to get your eBay items exposure, but you may want to think about taking it a step farther. There are a number of different ways that you can go about marketing your for sale eBay items, without having to spend a dime.
Perhaps, one of the best ways to go about marketing your eBay items is by joining the eBay community, otherwise known as the online message boards. When you talk with other eBay community members your screen name used is also your eBay name. In the eBay community forum, every time that you start a new message or respond to an existing one your name is left, with a link to your main eBay webpage.
That is the age that outlines all of the items that you currently have available for sale. Many eBay community members click other member’s pages just out of curiosity, but it not uncommon for someone to find something that catches their eye. Simply starting a few conversations with other eBay community members, even just occasionally, may help to up your eBay exposure.
Another relatively easy way that you can market your eBay auction listings to the general public is by posting on a number of message boards, besides eBay. There are a number of message boards that allow internet users, just like you, to post information on items that they have available for sale, both on and off of eBay.
Providing a link, as well as short description of some of the items that you are looking to sell is a great way to increase your eBay exposure and up your chances of making a sale. When taking this internet marketing approach, it is important that you only advertise your eBay listings in areas designated for doing so. Spamming is not permitted on many online message boards and it may actually get you a bad reputation.
Speaking of using online message boards, there are a number of online message boards or forums that allow members to have signatures. Signatures are where many people leave their name or a favorite quote of theirs, but some message boards allow members to use it as space to promote their products or businesses. Before posting a link to your eBay auctions, you are advised to examine the online message board’s policy concerning signature advertising. Should it be allowed, you are advised to take advantage of this free internet marketing. You will want to post a link to your eBay sales page, but be sure to mention that eBay is where all clickers will be going.
Another easy that you can promote your eBay items, particularly if you have multiple items for sale, is by putting a “please checkout my other eBay auctions,” message at the end of each of your eBay listings. As with all of the other above mentioned internet marketing tactics, this is easy and free to do.
When many of us think of internet marketing, we often automatically think of online retail stores or online websites. Although you are not running your own online retail store, you are trying to make a profit online; therefore, you are, in a way, like a retailer. Just having your for sale items listed on eBay is enough to get your eBay items exposure, but you may want to think about taking it a step farther. There are a number of different ways that you can go about marketing your for sale eBay items, without having to spend a dime.
Perhaps, one of the best ways to go about marketing your eBay items is by joining the eBay community, otherwise known as the online message boards. When you talk with other eBay community members your screen name used is also your eBay name. In the eBay community forum, every time that you start a new message or respond to an existing one your name is left, with a link to your main eBay webpage.
That is the age that outlines all of the items that you currently have available for sale. Many eBay community members click other member’s pages just out of curiosity, but it not uncommon for someone to find something that catches their eye. Simply starting a few conversations with other eBay community members, even just occasionally, may help to up your eBay exposure.
Another relatively easy way that you can market your eBay auction listings to the general public is by posting on a number of message boards, besides eBay. There are a number of message boards that allow internet users, just like you, to post information on items that they have available for sale, both on and off of eBay.
Providing a link, as well as short description of some of the items that you are looking to sell is a great way to increase your eBay exposure and up your chances of making a sale. When taking this internet marketing approach, it is important that you only advertise your eBay listings in areas designated for doing so. Spamming is not permitted on many online message boards and it may actually get you a bad reputation.
Speaking of using online message boards, there are a number of online message boards or forums that allow members to have signatures. Signatures are where many people leave their name or a favorite quote of theirs, but some message boards allow members to use it as space to promote their products or businesses. Before posting a link to your eBay auctions, you are advised to examine the online message board’s policy concerning signature advertising. Should it be allowed, you are advised to take advantage of this free internet marketing. You will want to post a link to your eBay sales page, but be sure to mention that eBay is where all clickers will be going.
Another easy that you can promote your eBay items, particularly if you have multiple items for sale, is by putting a “please checkout my other eBay auctions,” message at the end of each of your eBay listings. As with all of the other above mentioned internet marketing tactics, this is easy and free to do.
Explain Google AdSense
Google AdSense is a cooperative advertising platform that allows you to receive payments for ads on your websites. It does not cost anything, but requires an application process, and some websites may not be eligible for AdSense. After initial setup, AdSense runs largely automatically, and will generate revenue based on how many visitors view the ads.
Setup
To create a new AdSense account, navigate to the Google AdSense website and click the "Sign up Now" button. Log in with your Google account or create a new one and follow the onscreen instructions to list your website. If you don't have a website, you can create a free Blogger website using the same Google account. After applying, Google will review the website and send a confirmation or denial email with further instructions. It may take several days to receive a response.
Ad Contents
AdSense displays ads based on several factors. Some ads use contextual clues in the website, such as keywords and usage frequency, to find ads relevant to the site's content. Advertisers can also choose specific ads based on the website or hosting service, and visitors who have Google accounts may use the Google Ads Preference Manager to view ads specifically relevant to them.
Restrictions
Google only allows AdSense to run on websites with family-friendly content, and restricts its use on sites with illegally posted copyrighted material, or content focusing on adult themes, gambling, drugs, violence or weapons. AdSense also restricts users from artificially inflating revenue by clicking their own ads, using leading language to generate additional clicks or using misleading ad labels or obvious graphics to focus attention on ads.
Source - eHow
Setup
To create a new AdSense account, navigate to the Google AdSense website and click the "Sign up Now" button. Log in with your Google account or create a new one and follow the onscreen instructions to list your website. If you don't have a website, you can create a free Blogger website using the same Google account. After applying, Google will review the website and send a confirmation or denial email with further instructions. It may take several days to receive a response.
Ad Contents
AdSense displays ads based on several factors. Some ads use contextual clues in the website, such as keywords and usage frequency, to find ads relevant to the site's content. Advertisers can also choose specific ads based on the website or hosting service, and visitors who have Google accounts may use the Google Ads Preference Manager to view ads specifically relevant to them.
Restrictions
Google only allows AdSense to run on websites with family-friendly content, and restricts its use on sites with illegally posted copyrighted material, or content focusing on adult themes, gambling, drugs, violence or weapons. AdSense also restricts users from artificially inflating revenue by clicking their own ads, using leading language to generate additional clicks or using misleading ad labels or obvious graphics to focus attention on ads.
Source - eHow
eBay Sellers: How Photo Sharing Sites Can Save You Money
Are you an eBay seller? If you are, you likely already know the importance of having pictures in your eBay listings. There are a many eBay buyers who will not buy an item on eBay if they haven’t seen a picture. In fact, many eBay buyers like to see more than one picture. The only problem with this is that posting a number of pictures on eBay can get expensive, especially overtime. However, there is a way that you can give your potential customers what they want, more pictures, without having to go broke while doing so.
If you are looking for a way to have multiple pictures appear in your eBay auction listings, but you are urged to examine websites that are known as photo sharing sites, if you haven’t already done so. Photo sharing websites are sites that allow you to post digital photographs online and sometimes even videos. There are a large number of internet users who use photo sharing sites to upload and share pictures with friends and family members over the internet, but many internet users are also starting to use photo sharing websites to help combat their eBay seller fees, particularly the fees associated with having multiple pictures in an eBay auction.
If you are interested in giving photo sharing websites a try, to help you save money when selling on eBay, you will need to find a photo sharing website to use. To find a number of photo sharing websites, you may want to perform a standard internet search. Your standard internet search results will likely include PhotoBucket, which is a free, well-known photo sharing website. Of course, you can use just about any photo sharing website you want, but you are advised to look into PhotoBucket, as it is free and easy to use.
Speaking of using PhotoBucket and many other online photo sharing websites, you will need to create an account. You should be required to fill out a small form, which may request a little bit of information about yourself, like your full name or your email address. You will also need to create login information for yourself, including a screen name and a safe password. Once you have that finished, you should be able to use the photo sharing website in question, whether it be PhotoBucket or not, to help you start saving money.
When using a photo sharing site, you will see that different sites have different instructions that need to be followed, but the first step will be taking pictures of your eBay items. Then you will need to upload them to your computer and then follow the photo sharing website’s instructions on how to upload your photos to their site. In most cases, this is a relatively simple process, which tends to involve selecting a few pictures from your computer’s hard drive and then hitting an upload button.
Once your pictures have been uploaded, you should see thumbnails or smaller versions of them. With PhotoBucket there are little boxes underneath each thumbnail that can be used to select the picture or pictures of you choice. You will want to select all of the pictures that you want listed in a particular eBay listing.
Then, you should be able to find a link that allows you to generate an HTML code. This will lead you to another page with a lot of information on it, particularly HTML links. Many photo sharing websites outright tell you which HTML code links you should use for eBay. Copy the code and paste it in the description of your eBay auction listings and you are good to go; your pictures should appear.
Using a photo sharing site is optional, but it is definitely something to look into. As an eBay seller, you want to profit as much as you can and this also involves eliminating unnecessary expenses.
If you are looking for a way to have multiple pictures appear in your eBay auction listings, but you are urged to examine websites that are known as photo sharing sites, if you haven’t already done so. Photo sharing websites are sites that allow you to post digital photographs online and sometimes even videos. There are a large number of internet users who use photo sharing sites to upload and share pictures with friends and family members over the internet, but many internet users are also starting to use photo sharing websites to help combat their eBay seller fees, particularly the fees associated with having multiple pictures in an eBay auction.
If you are interested in giving photo sharing websites a try, to help you save money when selling on eBay, you will need to find a photo sharing website to use. To find a number of photo sharing websites, you may want to perform a standard internet search. Your standard internet search results will likely include PhotoBucket, which is a free, well-known photo sharing website. Of course, you can use just about any photo sharing website you want, but you are advised to look into PhotoBucket, as it is free and easy to use.
Speaking of using PhotoBucket and many other online photo sharing websites, you will need to create an account. You should be required to fill out a small form, which may request a little bit of information about yourself, like your full name or your email address. You will also need to create login information for yourself, including a screen name and a safe password. Once you have that finished, you should be able to use the photo sharing website in question, whether it be PhotoBucket or not, to help you start saving money.
When using a photo sharing site, you will see that different sites have different instructions that need to be followed, but the first step will be taking pictures of your eBay items. Then you will need to upload them to your computer and then follow the photo sharing website’s instructions on how to upload your photos to their site. In most cases, this is a relatively simple process, which tends to involve selecting a few pictures from your computer’s hard drive and then hitting an upload button.
Once your pictures have been uploaded, you should see thumbnails or smaller versions of them. With PhotoBucket there are little boxes underneath each thumbnail that can be used to select the picture or pictures of you choice. You will want to select all of the pictures that you want listed in a particular eBay listing.
Then, you should be able to find a link that allows you to generate an HTML code. This will lead you to another page with a lot of information on it, particularly HTML links. Many photo sharing websites outright tell you which HTML code links you should use for eBay. Copy the code and paste it in the description of your eBay auction listings and you are good to go; your pictures should appear.
Using a photo sharing site is optional, but it is definitely something to look into. As an eBay seller, you want to profit as much as you can and this also involves eliminating unnecessary expenses.
eBay Description Writing Tips.
Once you've drawn the buyers in with your title, the next thing to do is to tell them all about your item with the description. But just what should you write in your description? At its heart, your item description is an ad. Without making it too obvious, you should be writing sales copy. You're trying to get buyers excited about your products, and that's usually hard - but on eBay, if you have the right thing to sell and give enough details, the buyers almost excite themselves.
Technical Details.
Include every technical detail you know, including the item's manufacturer, its condition, how big it is, where and when it was made, its history, and anything else special about it. Don't be too boring, though: the best descriptions are written in friendly, conversational language, and show a real knowledge of the item. Whatever you do, make sure you tell the truth!
Remember that most of the people who'll be buying your item will be just as knowledgeable about it as you are, if not more - this is their hobby, and they're experts. Don't feel like you need to explain the basics of the item: just go into as much technical detail as you can. As a rule, don't write anything in the description if you don't know what it means, as the chances are someone will, and if you've got it slightly wrong then you'll look like you don't know what you're talking about.
Interesting Details.
You might find that you enjoy writing a few things about how you got the item, why you're selling it, and who you think might like it. This isn't strictly necessary, but it gives your auctions some character and a personal touch, and can make people more likely to trust you. People might wonder what you're doing selling 500 CDs all at once, and if you tell them the reason, then they'll feel reassured that nothing dodgy is going on. If you're selling them because you're having a baby and you need the space, just say so.
Write as Much as You Can.
Leave nothing out of your description, even if that seems to you like it makes it cumbersomely long. There is no way you can be too thorough: someone, somewhere will appreciate that you took the time to write the extra information. Don't assume that anyone who wants extra information will email you to ask a question: many buyers are shy and won't do it. Think of questions that buyers might have and add the answers to your description, as people generally tend to ask the same questions over and over again.
Each time a buyer does email you with a question, you should both answer their question and update your description so that it will include the answer next time. If people ask questions that are answered in the description, try putting these parts of the auction on a line alone, or in bold, to make them easier to notice.
Technical Details.
Include every technical detail you know, including the item's manufacturer, its condition, how big it is, where and when it was made, its history, and anything else special about it. Don't be too boring, though: the best descriptions are written in friendly, conversational language, and show a real knowledge of the item. Whatever you do, make sure you tell the truth!
Remember that most of the people who'll be buying your item will be just as knowledgeable about it as you are, if not more - this is their hobby, and they're experts. Don't feel like you need to explain the basics of the item: just go into as much technical detail as you can. As a rule, don't write anything in the description if you don't know what it means, as the chances are someone will, and if you've got it slightly wrong then you'll look like you don't know what you're talking about.
Interesting Details.
You might find that you enjoy writing a few things about how you got the item, why you're selling it, and who you think might like it. This isn't strictly necessary, but it gives your auctions some character and a personal touch, and can make people more likely to trust you. People might wonder what you're doing selling 500 CDs all at once, and if you tell them the reason, then they'll feel reassured that nothing dodgy is going on. If you're selling them because you're having a baby and you need the space, just say so.
Write as Much as You Can.
Leave nothing out of your description, even if that seems to you like it makes it cumbersomely long. There is no way you can be too thorough: someone, somewhere will appreciate that you took the time to write the extra information. Don't assume that anyone who wants extra information will email you to ask a question: many buyers are shy and won't do it. Think of questions that buyers might have and add the answers to your description, as people generally tend to ask the same questions over and over again.
Each time a buyer does email you with a question, you should both answer their question and update your description so that it will include the answer next time. If people ask questions that are answered in the description, try putting these parts of the auction on a line alone, or in bold, to make them easier to notice.
Forex Trading Robot: Trade Forex 24 Hours a Day
You need money to live a comfortable life. You need money to provide education to your children. And, you need money to eat. This is why you work, this is why people put up businesses, and this is why people go to great lengths to make money. One great money-making career that you should consider is trading in the largest financial market in the world. Not only is Forex or Foreign Exchange the world’s largest financial market, it is also the most liquid market in the world that operates 24 hours a day.
With trade exchanges that generates up to 2 trillion dollars a day, who wouldn’t get attracted to trade in this very liquid market? If you are a regular person with a regular job who is looking for a way to earn extra money, you can consider entering the Forex market and trade.
However, Forex also has its risks and people who have traded in Forex without the proper knowledge and skill lost large amounts of money, and some have suffered extreme financial losses. This is why it is necessary for you to have enough knowledge and skills when you trade in the Forex market. Today, there is a software available for you to use that can really make it easier for you to trade in the Forex market and earn that extra money you want. This software is often called the Forex trading robot.
Normally, Forex trading robots are accessed in the internet. It is very much like hiring a Forex broker but instead of a broker being human it would be in a form of a program. Since Forex trading robots don’t sleep, this software can run 24 hours a day and therefore, giving you the advantage of not missing any money making opportunities when the Forex market changes. Just imagine, it is now possible for you to trade in the Forex market like a professional. And, you can trade 24 hours a day. With this benefit, you will never miss another potentially profitable day in the Forex market. Also, you can even do this while you’re at work.
All these are possible through the use of a Forex trading robot. However, before you subscribe to a Forex trading robot, you have to first determine if the software can really work to your advantage. You have to determine if the Forex trading robot can really trade effectively and efficiently. You should also look for advanced trading features that the Forex trading robot can offer you. Here are a few of the features you should look for in a Forex trading robot:
• 24 hour a day operation – You want this feature in a Forex trading robot so you will never miss a money making opportunity.
• Minimum investment requirements – Investments in a Forex trading robot should be minimal in order for you to afford.
• Trading automation technology – Since your money is at risk, you should choose a Forex trading robot with the latest trading technology existing in the market today.
These are some of the things you should look for in a Forex trading robot. With these features, you can be sure that you can really earn money. Forex trading robots are perfect for people who wants to get involved in the Forex market but don’t have the proper knowledge and skills to trade currencies.
It is also great for people who are afraid to invest their money in Forex. You can also benefit from a Forex trading robot if you want to concentrate on your day job and still earn cash in the Forex market. Investing in the Forex market is one of the best ways to earn that extra cash you need. However, you should always remember that in Forex, you need to invest money to earn money. Also, you should also be able to afford to lose the money you invest in Forex.
Always remember that Forex, although a great money-maker for lots of people, also has equal risks that may cause you to lose money. With a Forex robot, you will be able to minimize the risk of losing money and increase you chances on earning potential 24 hours a day. With a Forex trading robot, you will never miss another trading day at the Forex market and take advantage of great market trends.
With trade exchanges that generates up to 2 trillion dollars a day, who wouldn’t get attracted to trade in this very liquid market? If you are a regular person with a regular job who is looking for a way to earn extra money, you can consider entering the Forex market and trade.
However, Forex also has its risks and people who have traded in Forex without the proper knowledge and skill lost large amounts of money, and some have suffered extreme financial losses. This is why it is necessary for you to have enough knowledge and skills when you trade in the Forex market. Today, there is a software available for you to use that can really make it easier for you to trade in the Forex market and earn that extra money you want. This software is often called the Forex trading robot.
Normally, Forex trading robots are accessed in the internet. It is very much like hiring a Forex broker but instead of a broker being human it would be in a form of a program. Since Forex trading robots don’t sleep, this software can run 24 hours a day and therefore, giving you the advantage of not missing any money making opportunities when the Forex market changes. Just imagine, it is now possible for you to trade in the Forex market like a professional. And, you can trade 24 hours a day. With this benefit, you will never miss another potentially profitable day in the Forex market. Also, you can even do this while you’re at work.
All these are possible through the use of a Forex trading robot. However, before you subscribe to a Forex trading robot, you have to first determine if the software can really work to your advantage. You have to determine if the Forex trading robot can really trade effectively and efficiently. You should also look for advanced trading features that the Forex trading robot can offer you. Here are a few of the features you should look for in a Forex trading robot:
• 24 hour a day operation – You want this feature in a Forex trading robot so you will never miss a money making opportunity.
• Minimum investment requirements – Investments in a Forex trading robot should be minimal in order for you to afford.
• Trading automation technology – Since your money is at risk, you should choose a Forex trading robot with the latest trading technology existing in the market today.
These are some of the things you should look for in a Forex trading robot. With these features, you can be sure that you can really earn money. Forex trading robots are perfect for people who wants to get involved in the Forex market but don’t have the proper knowledge and skills to trade currencies.
It is also great for people who are afraid to invest their money in Forex. You can also benefit from a Forex trading robot if you want to concentrate on your day job and still earn cash in the Forex market. Investing in the Forex market is one of the best ways to earn that extra cash you need. However, you should always remember that in Forex, you need to invest money to earn money. Also, you should also be able to afford to lose the money you invest in Forex.
Always remember that Forex, although a great money-maker for lots of people, also has equal risks that may cause you to lose money. With a Forex robot, you will be able to minimize the risk of losing money and increase you chances on earning potential 24 hours a day. With a Forex trading robot, you will never miss another trading day at the Forex market and take advantage of great market trends.
eBay Courses – Are They Worth It?
There are numerous eBay courses that are available on the Internet today. These books and courses are designed to help you become more successful on eBay. Unfortunately, not all of these courses are worth the money that you will pay for them. Some of them are full of what used to be good information – when it was relevant – and others are simply junk information, written by someone trying to make a quick buck.
Before you purchase any eBay course, find out when the course was written. If it was written in 2004, for instance, you don’t want it. Even though that hasn’t been very long ago, eBay changes so fast that much of the information will not be relevant. However, if the original issue of the course was written several years ago, but the course is updated each year, this will probably be a good course for you.
Again, use care when purchasing eBay courses. They can be quite helpful and enlightening, but only if the information in them is still good. Talk to other eBay sellers – preferably successful ones – to find out what courses are recommended.
Before you purchase any eBay course, find out when the course was written. If it was written in 2004, for instance, you don’t want it. Even though that hasn’t been very long ago, eBay changes so fast that much of the information will not be relevant. However, if the original issue of the course was written several years ago, but the course is updated each year, this will probably be a good course for you.
Again, use care when purchasing eBay courses. They can be quite helpful and enlightening, but only if the information in them is still good. Talk to other eBay sellers – preferably successful ones – to find out what courses are recommended.
Forex Brokers: Assisting You with Your Trading Needs
If you traded in the Forex market before or if you’re still trading now, you may have heard the term Forex broker a lot of times. However, as an individual trader, you may want to know what is a Forex broker and what they do.
Forex brokers are individuals or companies that assist individual traders and companies when they are trading in the Forex market. These individuals can really give you that extra edge you need in order to be successful in the Forex market. Although they will be trading your funded account, all the decisions are still yours to make if you want to.
Forex brokers are there to assist you with your trading needs in exchange for a small commission from what you earn. Here are some of the services that a Forex broker can give you:
• A Forex broker can give you advice regarding on real time quotes.
• A Forex broker can also give you advice on what to buy or sell by basing it on news feeds.
• A Forex broker can trade your funded account basing solely on his or her decision if you want them to.
• A Forex broker can also provide you with software data to help you with your trading decisions.
Searching for a good Forex broker can prove to be a very tedious task. Since there are a lot of advertising in the internet about Forex brokers, Forex traders get confused on which Forex broker they should hire. With all the Forex brokers out there that offers great Forex trading income and quotations, you will find it hard to choose a good and reputable Forex broker.
With a little research, you can find the right Forex broker who can be trusted. If you lack referrals for Forex brokers, you can try and do a little research of your own. The first thing you need to find out about a particular Forex broker with the amount of clients they serve. The more clients they serve the more chances that these brokers are trusted. You should also know the amount of trades these brokers are conducting.
Knowing the broker’s experience in the Forex market is also a great way to determine if he or she is the right broker to hire. Experienced Forex brokers will increase your chances of earning money from the Forex market. If you have questions or complaints, you should call or email the company and ask questions regarding their trading system. You should never be uncomfortable doing this. Besides, they will be the one who will manage your money. And, it is your right to know about what they are doing with your money.
When choosing a Forex broker, you should also consider their trading options. You should also know that Forex brokers are different from what they can offer you. They differ in platforms, spreads, or leverage. You have to know which of the trading options is very important to you in order to be comfortable when you trade in the Forex market. Most online Forex brokers offer potential clients with a demo account. This will allow you to try out their trading platform without actually risking money. You should look for a demo platform that works just like the real thing and you should also determine if you are comfortable with the trading platform.
Look for the features you want in a trading platform in order for you to know what to expect if you trade with them. If you are comfortable with a trading platform, you should consider trading with them, and if you are not, scratch them off your list. This is a great way to test their trading platform and not risk your money.
If a Forex broker is not willing to share financial information about their company, you shouldn’t trade with them because they are reluctant to share company information. They should answer your questions regarding on how they manage their client’s money and how they trade that money.
Always remember that if you see an offer that’s too good to be true by Forex traders, it probably is too good to be true. The Forex market is a very risky place to trade and Forex brokers must tell you that there are certain risks involved when trading in the Forex market. Avoid hiring a Forex broker who says that trading in Forex is easy and a very good money making market with very low risks.
These are the things you should consider when you look for a Forex broker. If you find that right broker, you can be sure that you can really earn money.
Forex brokers are individuals or companies that assist individual traders and companies when they are trading in the Forex market. These individuals can really give you that extra edge you need in order to be successful in the Forex market. Although they will be trading your funded account, all the decisions are still yours to make if you want to.
Forex brokers are there to assist you with your trading needs in exchange for a small commission from what you earn. Here are some of the services that a Forex broker can give you:
• A Forex broker can give you advice regarding on real time quotes.
• A Forex broker can also give you advice on what to buy or sell by basing it on news feeds.
• A Forex broker can trade your funded account basing solely on his or her decision if you want them to.
• A Forex broker can also provide you with software data to help you with your trading decisions.
Searching for a good Forex broker can prove to be a very tedious task. Since there are a lot of advertising in the internet about Forex brokers, Forex traders get confused on which Forex broker they should hire. With all the Forex brokers out there that offers great Forex trading income and quotations, you will find it hard to choose a good and reputable Forex broker.
With a little research, you can find the right Forex broker who can be trusted. If you lack referrals for Forex brokers, you can try and do a little research of your own. The first thing you need to find out about a particular Forex broker with the amount of clients they serve. The more clients they serve the more chances that these brokers are trusted. You should also know the amount of trades these brokers are conducting.
Knowing the broker’s experience in the Forex market is also a great way to determine if he or she is the right broker to hire. Experienced Forex brokers will increase your chances of earning money from the Forex market. If you have questions or complaints, you should call or email the company and ask questions regarding their trading system. You should never be uncomfortable doing this. Besides, they will be the one who will manage your money. And, it is your right to know about what they are doing with your money.
When choosing a Forex broker, you should also consider their trading options. You should also know that Forex brokers are different from what they can offer you. They differ in platforms, spreads, or leverage. You have to know which of the trading options is very important to you in order to be comfortable when you trade in the Forex market. Most online Forex brokers offer potential clients with a demo account. This will allow you to try out their trading platform without actually risking money. You should look for a demo platform that works just like the real thing and you should also determine if you are comfortable with the trading platform.
Look for the features you want in a trading platform in order for you to know what to expect if you trade with them. If you are comfortable with a trading platform, you should consider trading with them, and if you are not, scratch them off your list. This is a great way to test their trading platform and not risk your money.
If a Forex broker is not willing to share financial information about their company, you shouldn’t trade with them because they are reluctant to share company information. They should answer your questions regarding on how they manage their client’s money and how they trade that money.
Always remember that if you see an offer that’s too good to be true by Forex traders, it probably is too good to be true. The Forex market is a very risky place to trade and Forex brokers must tell you that there are certain risks involved when trading in the Forex market. Avoid hiring a Forex broker who says that trading in Forex is easy and a very good money making market with very low risks.
These are the things you should consider when you look for a Forex broker. If you find that right broker, you can be sure that you can really earn money.
Forex markets - trading internationally
Forex market trading is trading money, currencies worldwide. Most all countries around the world are involved in the forex trading market, where money is bought and sold, based on the value of that currency at the time. As some currencies are not worth much, it is not going to be traded heavily, as the currency is worth more, additional brokers and bankers are going to choose to invest in that market at that time.
Forex trading does take place daily, where almost two trillion dollars are moved every day - that is a huge amount of money. Think about how many millions it does take to bring about a total of a trillion and then consider that this is done on a daily basis - if you want to get involved in where the money is, forex trading is one 'setting' where money is exchanging hands daily.
The currencies that are traded on the forex markets are going to be those from every country around the world. Every currency has it own three-letter symbol that will represent that country and the currency that is being traded. For example, the Japanese yen is the JPY and the United Stated dollar is USD.
The British pound is the GBP and the Euro is the EUR. You can trade within many currencies in one day, or you can trade to a different currency every day. Most all trades through a broker, or those any company are going to require some type of fee so you want to be sure about the trade you are making before making too many trades which are going to involve many fees.
Trades between markets and countries are going to happen every day. Some of the most heavily trades occur between the Euro and the US dollar, and then the US dollar and the Japanese yen, and then of the other most often seen trades is between the British pound and the US dollar. The trades happen all day, all night, and thought out various markets. As one country opens trading for the day another is closing. The time zones across the world affect how the trading takes place and when the markets are open.
When you are making a transaction from one market to another, involving one currency to another you will notice the symbols are used to explain the transactions. All transactions are going to look something like this EURzzz/USDzzz the zzz is to represent the percentages of trading for the percentage of the transaction. Other instances could look like this AUSzzz/USD and so on. When reading and reviewing your forex statements and online information you will understand it all much better if you are to remember these symbols of the currencies that are involved.
Forex trading does take place daily, where almost two trillion dollars are moved every day - that is a huge amount of money. Think about how many millions it does take to bring about a total of a trillion and then consider that this is done on a daily basis - if you want to get involved in where the money is, forex trading is one 'setting' where money is exchanging hands daily.
The currencies that are traded on the forex markets are going to be those from every country around the world. Every currency has it own three-letter symbol that will represent that country and the currency that is being traded. For example, the Japanese yen is the JPY and the United Stated dollar is USD.
The British pound is the GBP and the Euro is the EUR. You can trade within many currencies in one day, or you can trade to a different currency every day. Most all trades through a broker, or those any company are going to require some type of fee so you want to be sure about the trade you are making before making too many trades which are going to involve many fees.
Trades between markets and countries are going to happen every day. Some of the most heavily trades occur between the Euro and the US dollar, and then the US dollar and the Japanese yen, and then of the other most often seen trades is between the British pound and the US dollar. The trades happen all day, all night, and thought out various markets. As one country opens trading for the day another is closing. The time zones across the world affect how the trading takes place and when the markets are open.
When you are making a transaction from one market to another, involving one currency to another you will notice the symbols are used to explain the transactions. All transactions are going to look something like this EURzzz/USDzzz the zzz is to represent the percentages of trading for the percentage of the transaction. Other instances could look like this AUSzzz/USD and so on. When reading and reviewing your forex statements and online information you will understand it all much better if you are to remember these symbols of the currencies that are involved.
Dealing With Negative Feedback on Ebay
Ebay’s feedback system is the backbone of sellers’ success. All the top sellers have large quantities of positive feedback. On the flipside, negative feedback can hurt sales and prevent businesses from taking off. The feedback system was intended to be a collection of impartial reviews of the performance of buyers and sellers.
If a buyer pays quickly, their seller will leave positive feedback. If a seller ships quickly, their buyer will leave positive feedback. This way, future buyers and sellers can get the scoop on who to buy from and who to avoid, from people who have been there.
Negative feedback has an enormous impact on sellers in particular. If your feedback score falls below the nineties, or even into the lower ninetieth percentile, buyers might take their business elsewhere. But what if you feel like the negative feedback was unjustified? Maybe the buyer was just unpleasant to work with, or had unrealistic demands. As a seller, do you have any recourse?
You do, but it’s not easy. The best strategy is to avoid negative feedback in the first place. But if that’s not possible, turn to a mediation service like Square Trade. With a mediation service, you’re able to file a case regarding your negative feedback. Explain why you think the charge is unjustified. The other party will have two weeks to respond. Square Trade says that most cases are resolved for free without having to turn to a mediator.
But if a mediator’s services are used, case resolution will cost between twenty and thirty dollars. There are certainly times when amicable resolution is worth the price. As a seller, it’s up to you to decide when to pay up, and when to leave things as they are.
Never make the mistake of arguing with or harassing customers who leave you negative feedback, deserved or not. Nothing looks more unprofessional than a seller and buyer fighting back and forth over feedback comments. It’s understandable that you might be angry or emotional when hit with negative feedback, especially if you don’t feel that you did anything wrong. But for the sake of your professional reputation, learn to overcome those emotions before responding. Employ the 24 Hour Rule; that is, don’t make a reply until you’ve had a day to cool down.
When you do respond to unfair negative feedback, stick to the facts. If the buyer claims that the item was not as described, point out that every defect was carefully documented in the item’s description. (It was, wasn’t it?) If they complain about slow shipping, post the shipping dates as well as the shipping policy that they agreed to when they purchased the item. Never use personal attacks, only facts.
If you did make a mistake that earned you negative feedback, respond with courtesy. Apologize for the honest mistake you made, and mention that you were not given a chance to rectify the situation before feedback was left. This type of follow-up can make buyers more sympathetic to your situation. There are right ways and wrong ways to deal with negative feedback on Ebay. As long as you respond with class and professionalism, you can minimize the damage to your reputation.
If a buyer pays quickly, their seller will leave positive feedback. If a seller ships quickly, their buyer will leave positive feedback. This way, future buyers and sellers can get the scoop on who to buy from and who to avoid, from people who have been there.
Negative feedback has an enormous impact on sellers in particular. If your feedback score falls below the nineties, or even into the lower ninetieth percentile, buyers might take their business elsewhere. But what if you feel like the negative feedback was unjustified? Maybe the buyer was just unpleasant to work with, or had unrealistic demands. As a seller, do you have any recourse?
You do, but it’s not easy. The best strategy is to avoid negative feedback in the first place. But if that’s not possible, turn to a mediation service like Square Trade. With a mediation service, you’re able to file a case regarding your negative feedback. Explain why you think the charge is unjustified. The other party will have two weeks to respond. Square Trade says that most cases are resolved for free without having to turn to a mediator.
But if a mediator’s services are used, case resolution will cost between twenty and thirty dollars. There are certainly times when amicable resolution is worth the price. As a seller, it’s up to you to decide when to pay up, and when to leave things as they are.
Never make the mistake of arguing with or harassing customers who leave you negative feedback, deserved or not. Nothing looks more unprofessional than a seller and buyer fighting back and forth over feedback comments. It’s understandable that you might be angry or emotional when hit with negative feedback, especially if you don’t feel that you did anything wrong. But for the sake of your professional reputation, learn to overcome those emotions before responding. Employ the 24 Hour Rule; that is, don’t make a reply until you’ve had a day to cool down.
When you do respond to unfair negative feedback, stick to the facts. If the buyer claims that the item was not as described, point out that every defect was carefully documented in the item’s description. (It was, wasn’t it?) If they complain about slow shipping, post the shipping dates as well as the shipping policy that they agreed to when they purchased the item. Never use personal attacks, only facts.
If you did make a mistake that earned you negative feedback, respond with courtesy. Apologize for the honest mistake you made, and mention that you were not given a chance to rectify the situation before feedback was left. This type of follow-up can make buyers more sympathetic to your situation. There are right ways and wrong ways to deal with negative feedback on Ebay. As long as you respond with class and professionalism, you can minimize the damage to your reputation.
Choosing Among Online Forex Trading Systems
Forex is not really new in the financial market. In fact, it is not only known by big players in the world, but also by small organizations and individuals lately. Now, forex is no longer ruled by the big players; people from all walks of life can actually do forex trading. Before plunging in trading, you must know certain terms that are used in the market. One important term is the forex trading system. What it is all about, and what is its use.
The birth of the internet has changed the face of forex trading. Because of this very valuable tool, the FX market is easier to access, making it more convenient to small players. And all most importantly, all of this happens in real time, which is why online traders can actually make quick decisions regarding their trade. Forex trading system is ergonomic and intuitive. All the necessary functions involved in forex trading can be done from your main screen. You can place a trade and leave an order. And not only that, you can also conduct margin analysis and position/order management.
There are many companies, located in different countries, which can provide you with a forex trading system. The very first thing that a system usually involves is investment of money. Some companies would require you to invest as low as five dollars while some can ask for as high as five hundred dollars for upfront payments. Forex systems greatly vary, and it depends largely on the company offering such service.
With the system, you can purchase companies, stocks, and make investments even in other places. You can enhance your wealth and personal preferences by investing in a forex trading system. By investing a certain amount of money, you can make even more money in the future. The forex trading system that many traders know about is built among leading companies, investors, and worldwide currencies.
The trading system can be offline or online. You are free to choose which system will work best for you. However, online trading systems are gaining more and more popularity because you have easy access to the money that you've invested. Offline trading systems usually involves a lot of paperwork; while with an online system, you can instantly invest, trade, move, and remove money faster.
All it takes is for you to learn about the investment, and how to trust the right brokers in case you may need to make additional decisions in the future. You must be involved with a company which you can communicate with any time during a business day. That particular company should be able to provide you with a telephone number, fax number, and email address. Steer clear from companies which do not disclose such information.
Without the right trading system, you can't trade effectively. Therefore you must choose a system which is suited for you as an individual. You must consider the trading style and the risk that it involves. A system which focuses more in risk and money management techniques is a good one. Look for a company who has been in business for many years and those with proven professional experience. It must also provide you with tools and strategies that will help you in developing your very own online trading system. If you select the right company, you can find one that is of best value for your money.
Choosing a good, and probably the best, forex trading system is one of the first things that you should learn in forex. There are three factors usually considered in choosing a forex trading system, namely: profitability, acceptability, and one that fits your daily routine. Profitability is probably the most important consideration. People invest money to make profits, and a good system should provide that. It is shown in dollar amounts or pips/month.
Every system has a drawdown, and it is also expressed in pips. It is the biggest decrease in equity in the past. In comparing different systems, you should take a close look on its historical drawdown. Also check for the systems profit and loss ration, as well as its win and loss ratio. The system should have consistency and you can effectively tell this by looking into their monthly or quarterly, and yearly results. Once you've chosen a system, learn all about it, and you can expect to gain a lot from your investment.
The birth of the internet has changed the face of forex trading. Because of this very valuable tool, the FX market is easier to access, making it more convenient to small players. And all most importantly, all of this happens in real time, which is why online traders can actually make quick decisions regarding their trade. Forex trading system is ergonomic and intuitive. All the necessary functions involved in forex trading can be done from your main screen. You can place a trade and leave an order. And not only that, you can also conduct margin analysis and position/order management.
There are many companies, located in different countries, which can provide you with a forex trading system. The very first thing that a system usually involves is investment of money. Some companies would require you to invest as low as five dollars while some can ask for as high as five hundred dollars for upfront payments. Forex systems greatly vary, and it depends largely on the company offering such service.
With the system, you can purchase companies, stocks, and make investments even in other places. You can enhance your wealth and personal preferences by investing in a forex trading system. By investing a certain amount of money, you can make even more money in the future. The forex trading system that many traders know about is built among leading companies, investors, and worldwide currencies.
The trading system can be offline or online. You are free to choose which system will work best for you. However, online trading systems are gaining more and more popularity because you have easy access to the money that you've invested. Offline trading systems usually involves a lot of paperwork; while with an online system, you can instantly invest, trade, move, and remove money faster.
All it takes is for you to learn about the investment, and how to trust the right brokers in case you may need to make additional decisions in the future. You must be involved with a company which you can communicate with any time during a business day. That particular company should be able to provide you with a telephone number, fax number, and email address. Steer clear from companies which do not disclose such information.
Without the right trading system, you can't trade effectively. Therefore you must choose a system which is suited for you as an individual. You must consider the trading style and the risk that it involves. A system which focuses more in risk and money management techniques is a good one. Look for a company who has been in business for many years and those with proven professional experience. It must also provide you with tools and strategies that will help you in developing your very own online trading system. If you select the right company, you can find one that is of best value for your money.
Choosing a good, and probably the best, forex trading system is one of the first things that you should learn in forex. There are three factors usually considered in choosing a forex trading system, namely: profitability, acceptability, and one that fits your daily routine. Profitability is probably the most important consideration. People invest money to make profits, and a good system should provide that. It is shown in dollar amounts or pips/month.
Every system has a drawdown, and it is also expressed in pips. It is the biggest decrease in equity in the past. In comparing different systems, you should take a close look on its historical drawdown. Also check for the systems profit and loss ration, as well as its win and loss ratio. The system should have consistency and you can effectively tell this by looking into their monthly or quarterly, and yearly results. Once you've chosen a system, learn all about it, and you can expect to gain a lot from your investment.
FOREX TRADING 102: Learning the Forex Trading Strategies
If you’re a potential investment player who’d like to make it big in the business and financial world, then you go for forex trading. The FOREX, also known as the foreign exchange market is one of the largest financial markets in the world with and estimate of $1.5 trillion turn-overs every day. Here are a few strategies on how to make it big in the forex market.
Strategy One: Know your market. The best way to get advantage, earn profit and minimize losses is to familiarize yourself with the market and how the whole system works. In the forex market, the players are usually commercial banks, central banks and firms involved in foreign trade, investment funds, broker companies and other private individuals with large capital. With the speed and high liquidity of asset, most companies engage in this business than in any other trading venture. Transactions are done in a jiffy; there are no membership fees and there is always the allure and promise of big, big profit.
Trading is done in pairs. The most commonly traded currencies are usually the US Dollar, Japanese Yen, Euro, British Pound, Canadian Dollar, Australian Dollar and the Swiss Franc. The more commonly traded currency pairs are the US Dollar and the Japanese Yen, the Euro and the US Dollar, the Swiss Franc and the US Dollar. In Forex trading, everything is speculative and virtual. There is no actual product being sold or bought. The activity mostly consists of computed entries made on the value of one currency against another. Say for example, you can buy Euros with US Dollar, hoping that the Euro will increase it value. Once its value rises, you can sell the Euro again, thus earning you profit.
Strategy Two: Learn the language. There are three concepts you need to know in the currency market. Pips refer to the increase of one hundredth of a percent of the value of the currency pair you are trading. Usually each pip has a value of $10 or $1. Volume is the quantity or amount of money being traded at one particular time in the market. Buying is the acquisition of a particular currency. A trader buys with the hopes that the price of the currency will increase. Selling is putting a currency up for grabs in the market because of a potential or possibility of a decrease in its value.
There are also two techniques of analysis usually used in this business – the fundamental and the technical analysis. Technical analysis is usually used by small and medium players. Here, the primary point of analysis revolves on the price. Fundamental analysis, on the other hand, is used by bigger companies and players with higher capital as it involves looking at the other factors affecting the value of a particular currency. In this type of analysis, the player also looks at the situation of the country, particularly issues like political stability, inflation rate, unemployment rate, and tax policies as these are seen to have an effect on the currency’s value.
Strategy Three: Develop a sound trading strategy. Your trading strategy would depend on what kind of trader you are. The basic thing with developing a trading strategy is to identify what kind of forex trader you are. A good trading strategy should lessen, if not, eliminate losses. Plan also the size of your transactions. It is better to conduct many different trades than one huge transaction. Not only does it develop discipline, but it also lessens any possible loss as only a fraction of the capital is affected. Part of a trading strategy is developing the values of discipline and proper money management.
Strategy Four: Practice. Try paper trading, a great way to practice your skills, see how the market works and get acquainted with the software and tools being used. There are online brokers who allow free paper trades, which allows practice and experience before doing it with real money. Strategy Five: Choose the right forex dealer. Make sure that they are regulated by the law. Take not of dealers with investment schemes that give out too-good-to-be-true-just-false-hopes promises. Look at investment offers before getting started.
Forex trading may seem easy and manageable. But the emotional stress, the demands and challenges of being a forex trader requires more than just the knowledge of the market. It requires more than just a keen and sensible head for business. It’s all about a gameplan, a strategy.
Strategy One: Know your market. The best way to get advantage, earn profit and minimize losses is to familiarize yourself with the market and how the whole system works. In the forex market, the players are usually commercial banks, central banks and firms involved in foreign trade, investment funds, broker companies and other private individuals with large capital. With the speed and high liquidity of asset, most companies engage in this business than in any other trading venture. Transactions are done in a jiffy; there are no membership fees and there is always the allure and promise of big, big profit.
Trading is done in pairs. The most commonly traded currencies are usually the US Dollar, Japanese Yen, Euro, British Pound, Canadian Dollar, Australian Dollar and the Swiss Franc. The more commonly traded currency pairs are the US Dollar and the Japanese Yen, the Euro and the US Dollar, the Swiss Franc and the US Dollar. In Forex trading, everything is speculative and virtual. There is no actual product being sold or bought. The activity mostly consists of computed entries made on the value of one currency against another. Say for example, you can buy Euros with US Dollar, hoping that the Euro will increase it value. Once its value rises, you can sell the Euro again, thus earning you profit.
Strategy Two: Learn the language. There are three concepts you need to know in the currency market. Pips refer to the increase of one hundredth of a percent of the value of the currency pair you are trading. Usually each pip has a value of $10 or $1. Volume is the quantity or amount of money being traded at one particular time in the market. Buying is the acquisition of a particular currency. A trader buys with the hopes that the price of the currency will increase. Selling is putting a currency up for grabs in the market because of a potential or possibility of a decrease in its value.
There are also two techniques of analysis usually used in this business – the fundamental and the technical analysis. Technical analysis is usually used by small and medium players. Here, the primary point of analysis revolves on the price. Fundamental analysis, on the other hand, is used by bigger companies and players with higher capital as it involves looking at the other factors affecting the value of a particular currency. In this type of analysis, the player also looks at the situation of the country, particularly issues like political stability, inflation rate, unemployment rate, and tax policies as these are seen to have an effect on the currency’s value.
Strategy Three: Develop a sound trading strategy. Your trading strategy would depend on what kind of trader you are. The basic thing with developing a trading strategy is to identify what kind of forex trader you are. A good trading strategy should lessen, if not, eliminate losses. Plan also the size of your transactions. It is better to conduct many different trades than one huge transaction. Not only does it develop discipline, but it also lessens any possible loss as only a fraction of the capital is affected. Part of a trading strategy is developing the values of discipline and proper money management.
Strategy Four: Practice. Try paper trading, a great way to practice your skills, see how the market works and get acquainted with the software and tools being used. There are online brokers who allow free paper trades, which allows practice and experience before doing it with real money. Strategy Five: Choose the right forex dealer. Make sure that they are regulated by the law. Take not of dealers with investment schemes that give out too-good-to-be-true-just-false-hopes promises. Look at investment offers before getting started.
Forex trading may seem easy and manageable. But the emotional stress, the demands and challenges of being a forex trader requires more than just the knowledge of the market. It requires more than just a keen and sensible head for business. It’s all about a gameplan, a strategy.
eBay Users: The Importance of Knowing and Following All eBay Rules
Are you an eBay member? If so, do you consider yourself to be a relatively new eBay member? If you have just recently started buying or selling on eBay within the past few months you may be. As time passes, you will likely become more aware of how eBay works. For instance, if you are an eBay seller, you may find new ways to improve your eBay listings or if you are an eBay buyer, you may find new ways to get great deals. One thing that you will likely do, overtime, is learn more about eBay’s rules.
As you likely already know, eBay is considered one of the world’s most popular online marketplaces. eBay gives internet users, like you, the option to buy and sell online. While giving all internet users the ability to buy and sell is nice, it can make for some problems, particularly concerning security or inappropriate content. That is why eBay, like all other online marketplaces, has developed a set of rules or guidelines that you must follow, whether you are an eBay buyer or an eBay seller. You should not only familiarize yourself with those rules, if you haven’t already done so, but you also need to follow them.
If you are an eBay seller, one of the most important eBay rules that you need to abide by is prohibited items. Although just about anything can be sold on eBay, there are a few restrictions. For instance, alcohol, drugs, pornography, and stolen merchandise are just a few of the many items that all eBay sellers, including you, are prohibited from selling. Another eBay rule that you must follow, as an eBay seller, is to pay all of your eBay fees on time. eBay has a set pay schedule, which you will be notified of in advance. To be able to keep on making a profit selling merchandise on eBay, you will want to make sure that you pay your eBay fees on time.
If you are an eBay buyer, instead of an eBay seller, you will also have to know and abide by all eBay rules. One of those rules is bidding only on items that you intend to buy. If you place a bid on an eBay auction or if you agree to buy an item listed in a “Buy It Now,” listing format, you must do so. That rule is stated in eBay’s guidelines. If you do not feel that you can pay for the items that you bid on or agreed to pay for, it is best if you stay away from eBay for the time being.
Another eBay rule that you must follow is being honest with your purchases. If you don’t receive an eBay purchase, it is fine to report that, but give it a few extra days for your item to arrive. Although eBay scams are often associated with sellers, many buyers are beginning to stir up trouble. This involves reporting that they had not received an item, when they actually did; thus resulting in a refund, as well as the purchased item.
In most cases, you will find that it is relatively easy to get caught breaking eBay’s rules. That is why it is advised that you not only know all of eBay’s rules, but that you also abide by them. Should you not, you may end up suffering the consequences. One of those consequences involves having your eBay account temporarily suspended or even permanently suspended. In rare, but serious cases, the authorities may be contacted or legal action may be taken against you. In all honesty, the action taken depends on the parties involved.
Despite the varied consequences for breaking eBay’s rules, it is extremely important that you take the time to examine all of eBay, including the sites rules, restrictions, and guidelines, before you get yourself into trouble that is difficult to get out of. For more information on eBay’s rules, visit their help center, speak to an experienced eBay user, or try and contact eBay’s customer service department.
As you likely already know, eBay is considered one of the world’s most popular online marketplaces. eBay gives internet users, like you, the option to buy and sell online. While giving all internet users the ability to buy and sell is nice, it can make for some problems, particularly concerning security or inappropriate content. That is why eBay, like all other online marketplaces, has developed a set of rules or guidelines that you must follow, whether you are an eBay buyer or an eBay seller. You should not only familiarize yourself with those rules, if you haven’t already done so, but you also need to follow them.
If you are an eBay seller, one of the most important eBay rules that you need to abide by is prohibited items. Although just about anything can be sold on eBay, there are a few restrictions. For instance, alcohol, drugs, pornography, and stolen merchandise are just a few of the many items that all eBay sellers, including you, are prohibited from selling. Another eBay rule that you must follow, as an eBay seller, is to pay all of your eBay fees on time. eBay has a set pay schedule, which you will be notified of in advance. To be able to keep on making a profit selling merchandise on eBay, you will want to make sure that you pay your eBay fees on time.
If you are an eBay buyer, instead of an eBay seller, you will also have to know and abide by all eBay rules. One of those rules is bidding only on items that you intend to buy. If you place a bid on an eBay auction or if you agree to buy an item listed in a “Buy It Now,” listing format, you must do so. That rule is stated in eBay’s guidelines. If you do not feel that you can pay for the items that you bid on or agreed to pay for, it is best if you stay away from eBay for the time being.
Another eBay rule that you must follow is being honest with your purchases. If you don’t receive an eBay purchase, it is fine to report that, but give it a few extra days for your item to arrive. Although eBay scams are often associated with sellers, many buyers are beginning to stir up trouble. This involves reporting that they had not received an item, when they actually did; thus resulting in a refund, as well as the purchased item.
In most cases, you will find that it is relatively easy to get caught breaking eBay’s rules. That is why it is advised that you not only know all of eBay’s rules, but that you also abide by them. Should you not, you may end up suffering the consequences. One of those consequences involves having your eBay account temporarily suspended or even permanently suspended. In rare, but serious cases, the authorities may be contacted or legal action may be taken against you. In all honesty, the action taken depends on the parties involved.
Despite the varied consequences for breaking eBay’s rules, it is extremely important that you take the time to examine all of eBay, including the sites rules, restrictions, and guidelines, before you get yourself into trouble that is difficult to get out of. For more information on eBay’s rules, visit their help center, speak to an experienced eBay user, or try and contact eBay’s customer service department.
eBay Scams – Steps to Take if You Have Been
Defrauded eBay is a relatively safe marketplace. Unfortunately, like most online marketplaces, it is vulnerable to scams. eBay tries to keep instances of scams occurring, but with more than 100 million members, and approximately $40 million moving through the site on a daily basis, this can be a little difficult. Sometimes, scams occur.
If you have been scammed, there are certain steps you need to follow to report the incident, and to try to come to a resolution. If you paid for the item through Paypal, the first step is to login to your Paypal account and open up a dispute for the payment. If you did not pay through Paypal, contact your credit card company. In most cases, if you have used one of these two cases, you will recover your money.
The next step is to use eBay’s dispute process to report the seller. This is specifically for items that were not received, or items that were significantly different than what was described in the auction. eBay also has a purchase protection program to further protect buyers. If a settlement cannot be reached with the buyer, the next step is to make an eBay buyer purchase protection claim.
If you have been scammed, there are certain steps you need to follow to report the incident, and to try to come to a resolution. If you paid for the item through Paypal, the first step is to login to your Paypal account and open up a dispute for the payment. If you did not pay through Paypal, contact your credit card company. In most cases, if you have used one of these two cases, you will recover your money.
The next step is to use eBay’s dispute process to report the seller. This is specifically for items that were not received, or items that were significantly different than what was described in the auction. eBay also has a purchase protection program to further protect buyers. If a settlement cannot be reached with the buyer, the next step is to make an eBay buyer purchase protection claim.
Forex Trading Education Helps Traders in Achieving Success
An individual who wants to become successful in forex trading should learn and understand the basics. There are many traders who lost a great amount of money in forex trading. It is because they are not properly educated about forex trading and its processes. So, to survive in the forex trading markets, it is imperative that future traders should have a forex trading education.
Forex trading can be the best way to earn huge amounts of money. However, those traders who seriously studied the forex market conditions can be able to achieve success. Proper education enables them to learn different market strategies. Remember, forex trading markets are the largest market in the world where instantaneous exchange happens. It is always a challenge even to knowledgeable forex traders and bankers. So, it is always a plus factor to traders if they thoroughly reviewed every angles and possibilities before performing the trade.
If you are going to read forums and reviews, you will find out that successful traders are those having proper knowledge about forex markets. They have decided to educate themselves on the detailed information vital on trading forex. Thus, every trade that they performed is considered an opportunity to learn new techniques. Some people would think that they don’t really need education when trading forex. They believe that if they outsmarted the forex market, then they would be able to figure out its conditions to survive. This could be a great attitude however ask yourself if you could sustain it.
It would be very helpful for forex traders to undergo forex trading education from professional traders. There are several important forex trading factors that are being tackled to achieve forex trading success.
1. Forex trading system is thoroughly discussed. The traders learn the three essential elements of a forex trading system that are profitable. It includes money management, risk management, and proper execution on the entry and exit market points. If the forex trading system is well established, then it can sustain draw backs caused by market fluctuations while retaining the consistent returns of profits. This is the secret equation needs to be mastered by every forex traders. In this case, the traders will stick to the system where it is giving them greater chances of earning larger amounts of money.
Money management is considered the most essential factor in determining your success as a forex trader. If you are able to prevent financial hazards then it can increase your chance of becoming successful. The trading account should be adequately funded by the money that you can afford and restricting yourself from entering a trade that can wipe out all your assets. Always remember that it is much better to start trading on small amounts and using stop-loss orders so that your first forex trades will not be the last.
2. The levels of market are also studied. It does not necessarily mean buying currencies at lower prices enable the traders to sell it on higher prices. Discipline is being taught to traders. Price behaviors are also learned consistently since it can change suddenly. However the traders are taught how to deal with this situation.
3. They also learn how to emotionally detach themselves when trading forex. Keep in mind that emotions should never rule over your mind. So, forex trading education can guide you through the right direction. The psychology of trading are incorporated so that the traders should always act rationally so that the outcome of the trade will not be affected or altered. They can always make a good decision when entering or exiting a trade.
4. Forex trading education teaches forex trading methods to the traders. They can acquire proper mindsets on trading forex and learn how to gain positive returns on their invested capital. Some traders concentrate on how they are going to make money rather than having their returns. So, educating yourself about building your wealth via consistent returns is beneficial. It is an advantage if you are properly acquainted with the forex trading environment before plunging into forex trading business.
Make your learning a fun experience. Don’t perceive forex education as a dull or a boring activity. You should enjoy your education and think that it is your first step to discipline your trading habits, wisely manage your money, and attain forex trading success.
Forex trading can be the best way to earn huge amounts of money. However, those traders who seriously studied the forex market conditions can be able to achieve success. Proper education enables them to learn different market strategies. Remember, forex trading markets are the largest market in the world where instantaneous exchange happens. It is always a challenge even to knowledgeable forex traders and bankers. So, it is always a plus factor to traders if they thoroughly reviewed every angles and possibilities before performing the trade.
If you are going to read forums and reviews, you will find out that successful traders are those having proper knowledge about forex markets. They have decided to educate themselves on the detailed information vital on trading forex. Thus, every trade that they performed is considered an opportunity to learn new techniques. Some people would think that they don’t really need education when trading forex. They believe that if they outsmarted the forex market, then they would be able to figure out its conditions to survive. This could be a great attitude however ask yourself if you could sustain it.
It would be very helpful for forex traders to undergo forex trading education from professional traders. There are several important forex trading factors that are being tackled to achieve forex trading success.
1. Forex trading system is thoroughly discussed. The traders learn the three essential elements of a forex trading system that are profitable. It includes money management, risk management, and proper execution on the entry and exit market points. If the forex trading system is well established, then it can sustain draw backs caused by market fluctuations while retaining the consistent returns of profits. This is the secret equation needs to be mastered by every forex traders. In this case, the traders will stick to the system where it is giving them greater chances of earning larger amounts of money.
Money management is considered the most essential factor in determining your success as a forex trader. If you are able to prevent financial hazards then it can increase your chance of becoming successful. The trading account should be adequately funded by the money that you can afford and restricting yourself from entering a trade that can wipe out all your assets. Always remember that it is much better to start trading on small amounts and using stop-loss orders so that your first forex trades will not be the last.
2. The levels of market are also studied. It does not necessarily mean buying currencies at lower prices enable the traders to sell it on higher prices. Discipline is being taught to traders. Price behaviors are also learned consistently since it can change suddenly. However the traders are taught how to deal with this situation.
3. They also learn how to emotionally detach themselves when trading forex. Keep in mind that emotions should never rule over your mind. So, forex trading education can guide you through the right direction. The psychology of trading are incorporated so that the traders should always act rationally so that the outcome of the trade will not be affected or altered. They can always make a good decision when entering or exiting a trade.
4. Forex trading education teaches forex trading methods to the traders. They can acquire proper mindsets on trading forex and learn how to gain positive returns on their invested capital. Some traders concentrate on how they are going to make money rather than having their returns. So, educating yourself about building your wealth via consistent returns is beneficial. It is an advantage if you are properly acquainted with the forex trading environment before plunging into forex trading business.
Make your learning a fun experience. Don’t perceive forex education as a dull or a boring activity. You should enjoy your education and think that it is your first step to discipline your trading habits, wisely manage your money, and attain forex trading success.
eBay Buyers: eBay Safety Tips You Should Know
Are you interested in shopping on eBay? If you are, you are definitely not alone. Over the past few years, the popularity of eBay has literally skyrocketed. Since eBay is considered an online auction website, one that allows internet users to post their belongings for sale, it generates a huge marketplace with millions of items for sale, at any given time. Although eBay is a great place to do your shopping online, it can be unsafe; however, there are a number of ways that you can protect you and your finances when using eBay to do your online shopping.
One of the most important things that you need to remember when using eBay is that you created a sign in name or a screen name for yourself. That screen name is used so that you do not have to provide other eBay users with your real name. Yes, if you were to make a purchase online, you would need to give the eBay seller your real name and address, but that is the only time that you should do so. You should never give an eBay seller information about yourself, unless you have won an item from them on the eBay website.
In connection with giving out personal information about yourself, you also do not want to give out any other personal information about your finances. eBay uses a secure checkout program, which enables you to make payment arrangements on your own. The most secure way to make purchases online is through PayPal, but many other sellers accept personal checks or money orders. With PayPal, the eBay seller you are doing business with actually doesn’t get your credit card information, as all funds are transferred electronically. For that reason, there is no reason to give an eBay seller your bank account information or your credit or debit card information, even if you are buying an item from them.
When buying an item on eBay, you may place most of your focus on the price that the item is listed at, if it is a buy it now auction. If it is in a traditional auction listing, you may be focusing on the current highest bid. While this is important to do, you will also want to place a focus on the total cost of shipping. It is not uncommon for eBay sellers to sell their items for a low price, but charge a high amount in shipping. Also, be cautious of a seller who doesn’t provide you with shipping information upfront. Often times, you will find this is a front for a scam. After winning the auction, you are responsible for paying for the product, as well as the shipping costs, which often turn out to be high.
To prevent you from doing business with a shady eBay seller, one who may be out to take your money, you will want to examine the feedback of each eBay seller that you are interested in doing business with. While a few negative feedback ratings are not uncommon, you will want to be cautious of new eBay sellers with even just one or two negative ratings. Basically, when shopping on eBay, you need to use your best judgment. If something looks suspicious, there is a good chance that it is. To prevent yourself from being scammed or losing money, you will just want to make sure that you use your head, as it is often the best sign of trouble to come.
It is also important to mention phishing scams. These types of scams are taking place off of the eBay website, but they are, in a way, related to eBay. There are a number of scammers, who are creating fake eBay emails, as well as fake eBay sign in screens. These emails are prompting you to sign into your eBay account. Once you do so, the scammer will have access to your eBay account, as well as some of your personal information. Do not fall victim to these scams. All eBay messages should appear in your eBay account, which can be accessed once you log in directly from eBay.com.
eBay is a great place to buy and sell on the internet. You shouldn’t let the possibility of getting scammed prevent you from shopping online. As long as you keep the above mentioned points in mind, you should be able to do your online shopping on eBay, without having any problems.
One of the most important things that you need to remember when using eBay is that you created a sign in name or a screen name for yourself. That screen name is used so that you do not have to provide other eBay users with your real name. Yes, if you were to make a purchase online, you would need to give the eBay seller your real name and address, but that is the only time that you should do so. You should never give an eBay seller information about yourself, unless you have won an item from them on the eBay website.
In connection with giving out personal information about yourself, you also do not want to give out any other personal information about your finances. eBay uses a secure checkout program, which enables you to make payment arrangements on your own. The most secure way to make purchases online is through PayPal, but many other sellers accept personal checks or money orders. With PayPal, the eBay seller you are doing business with actually doesn’t get your credit card information, as all funds are transferred electronically. For that reason, there is no reason to give an eBay seller your bank account information or your credit or debit card information, even if you are buying an item from them.
When buying an item on eBay, you may place most of your focus on the price that the item is listed at, if it is a buy it now auction. If it is in a traditional auction listing, you may be focusing on the current highest bid. While this is important to do, you will also want to place a focus on the total cost of shipping. It is not uncommon for eBay sellers to sell their items for a low price, but charge a high amount in shipping. Also, be cautious of a seller who doesn’t provide you with shipping information upfront. Often times, you will find this is a front for a scam. After winning the auction, you are responsible for paying for the product, as well as the shipping costs, which often turn out to be high.
To prevent you from doing business with a shady eBay seller, one who may be out to take your money, you will want to examine the feedback of each eBay seller that you are interested in doing business with. While a few negative feedback ratings are not uncommon, you will want to be cautious of new eBay sellers with even just one or two negative ratings. Basically, when shopping on eBay, you need to use your best judgment. If something looks suspicious, there is a good chance that it is. To prevent yourself from being scammed or losing money, you will just want to make sure that you use your head, as it is often the best sign of trouble to come.
It is also important to mention phishing scams. These types of scams are taking place off of the eBay website, but they are, in a way, related to eBay. There are a number of scammers, who are creating fake eBay emails, as well as fake eBay sign in screens. These emails are prompting you to sign into your eBay account. Once you do so, the scammer will have access to your eBay account, as well as some of your personal information. Do not fall victim to these scams. All eBay messages should appear in your eBay account, which can be accessed once you log in directly from eBay.com.
eBay is a great place to buy and sell on the internet. You shouldn’t let the possibility of getting scammed prevent you from shopping online. As long as you keep the above mentioned points in mind, you should be able to do your online shopping on eBay, without having any problems.
FOREX Trader Salaries
A FOREX trader (FOREX stands for foreign exchange) - also known as a currency trader - is responsible for the timely buying and selling of foreign currencies. He recommends competitive foreign exchange rates based on market performance, buying currency when he thinks it is undervalued and selling it when it appreciates, making a profit on the difference between the purchase and sale price. His salary depends on a number of variable elements relating to his employment situation...
Average Salary
Figures published by the salary comparison website PayScale.com list the average annual salary of a foreign exchange trader working in the United States to be $67,696 to $140,018 as of January 2011. This equates to a monthly income of between $5,641 and $11,668. The precise figure a trader receives will depend on the amount of bonuses, profit sharing and commission he receives. He may also be eligible for additional benefits such as a pension provision and health coverage, depending on the terms of his contract.
Salary by Employer
The survey conducted by PayScale.com at the start of 2011 suggests that a FOREX trader is likely to receive the best salary when contracted to a banking firm -- $54,308 to $101,736. In contrast a self-employed foreign exchange trader achieves an average annual salary between $37,500 and $76,373. A FOREX trader who finds employment with private companies other than banking firms receive an average of $58,500 to $88,489.
Salary by Experience
PayScale.com also found that over the first 20 years of a foreign exchange trader's career, his earning potential rises as he gains more and more experience. While the salary for a trader with fewer than 12 months in the profession was listed at an average of $40,500 to $75,000, it rose to $48,696 to $77,419 after one to four years, $66,000 to $99,995 for an individual who had spent between five and nine years as a trader, and reached $62,500 to $142,456 after gaining between 10 and 19 years in the job.
Salary by Location
PayScale.com also broke down the figures in its January 2011 survey of FOREX trader salaries to show how income varies across four different American cities. A trader working in New York had the best chance of receiving the highest levels of pay, averaging between $59,749 and $97,211. Chicago offered a rate of $45,000 to $92,500, followed by Boston - $47,166 to $82,407 - and Los Angeles - $39,000 to $60,000.
Salary by Gender
Another interesting variation turned up in the PayScale.com data is the difference between average FOREX trader salaries for men and women. Male FOREX traders are listed as receiving an average annual wage of between $60,145 and $102,091 while their female contemporaries got $36,174 to $75,000.
Source - eHow
Average Salary
Figures published by the salary comparison website PayScale.com list the average annual salary of a foreign exchange trader working in the United States to be $67,696 to $140,018 as of January 2011. This equates to a monthly income of between $5,641 and $11,668. The precise figure a trader receives will depend on the amount of bonuses, profit sharing and commission he receives. He may also be eligible for additional benefits such as a pension provision and health coverage, depending on the terms of his contract.
Salary by Employer
The survey conducted by PayScale.com at the start of 2011 suggests that a FOREX trader is likely to receive the best salary when contracted to a banking firm -- $54,308 to $101,736. In contrast a self-employed foreign exchange trader achieves an average annual salary between $37,500 and $76,373. A FOREX trader who finds employment with private companies other than banking firms receive an average of $58,500 to $88,489.
Salary by Experience
PayScale.com also found that over the first 20 years of a foreign exchange trader's career, his earning potential rises as he gains more and more experience. While the salary for a trader with fewer than 12 months in the profession was listed at an average of $40,500 to $75,000, it rose to $48,696 to $77,419 after one to four years, $66,000 to $99,995 for an individual who had spent between five and nine years as a trader, and reached $62,500 to $142,456 after gaining between 10 and 19 years in the job.
Salary by Location
PayScale.com also broke down the figures in its January 2011 survey of FOREX trader salaries to show how income varies across four different American cities. A trader working in New York had the best chance of receiving the highest levels of pay, averaging between $59,749 and $97,211. Chicago offered a rate of $45,000 to $92,500, followed by Boston - $47,166 to $82,407 - and Los Angeles - $39,000 to $60,000.
Salary by Gender
Another interesting variation turned up in the PayScale.com data is the difference between average FOREX trader salaries for men and women. Male FOREX traders are listed as receiving an average annual wage of between $60,145 and $102,091 while their female contemporaries got $36,174 to $75,000.
Source - eHow
eBay Business Solutions
If starting an eBay business is your goal, as opposed to just auctioning a few items off for some extra cash, you need to use the eBay business solutions that are available to you. Because eBay’s success depends on the success of its sellers, they strive to help you at every turn. eBay Business Solutions is the key to starting an eBay business.
eBay Stores is one of the better solutions for eBay business owners. An eBay store will allow you to list multiple quantities of the same item, and allow you to keep them listed for longer time periods. eBay Store owners also enjoy lower auction fees, and have access to advanced merchandising tools. Eventually, you should consider upgrading to an eBay Pro Store, which will allow you to customize your storefront with your own brand and web address.
There are many other eBay Business Solutions, such as seller tools, the eBay solutions directory, and the merchant solution center, but you should definitely start with your very own eBay store, followed by an eBay Pro Store.
eBay Stores is one of the better solutions for eBay business owners. An eBay store will allow you to list multiple quantities of the same item, and allow you to keep them listed for longer time periods. eBay Store owners also enjoy lower auction fees, and have access to advanced merchandising tools. Eventually, you should consider upgrading to an eBay Pro Store, which will allow you to customize your storefront with your own brand and web address.
There are many other eBay Business Solutions, such as seller tools, the eBay solutions directory, and the merchant solution center, but you should definitely start with your very own eBay store, followed by an eBay Pro Store.
Common eBay Scams to be on the Lookout For
Are you looking to start buying on eBay? If you have never used eBay before, you may not necessarily know that it is relatively easy to fall victim to an eBay scam. While eBay is considered a safe place to shop online, there are a number of eBay scams that you should be on the lookout for. Knowing what these scams are, before you start shopping on eBay, will help to reduce or completely eliminate your chances of becoming a victim.
Before we start to examine some of the most common eBay scams that you should be on the lookout for, it is important to mention why those scams exist. eBay is considered an online market place or an online auction website. Just about anyone with an internet connection and an eBay account can start eBay sale auctions. This is what makes it possible for scammers to trap innocent shoppers like you. While eBay does work to combat these scams and eliminate the individuals behind them, there are some people who slip through the cracks. That is why you will always want to be on the lookout for eBay scams.
Speaking of common scams to be on the lookout for, one of the most common scams involves selling a product that the seller actually doesn’t have. This type of scam is sometimes difficult to spot, but there are signs that you should look for. When posting an eBay auction, an eBay seller should have pictures of the item or items that they are selling or at least accurate descriptions. With some items, such as books, CDs, or movies, eBay sellers are given the option of using a stock photo; one that is provided by eBay. All other items should have a genuine photo, taken by the seller. If not, you may want to refrain from making the purchase, as it may mean that the seller isn’t even in possession of the item or items that they are trying to sell you.
In addition to selling items that they don’t even have available, another common eBay scam involves lying about the items that they do have. For instance, there are some eBay sellers, although a small number of them, who claim that they have an item, like a car radio, which is in brand new condition, but it isn’t always. It is not uncommon for some eBay seller to outright lie or strength the truth a little bit. Unless you have a watchful eye, you may not find out until it is too late. That is why it is advised that you not only purchase items from eBay that are accompanied by pictures, but that you also examine those pictures. You will want to try and see if something really does look new or if it is in “like new,” condition.
Another common eBay scam that you will want to look for involves those who want your personal information. This type of scam is implemented in two different ways. First, there are a small number of sellers who tell you that they need your credit card information, but they shouldn’t. Whether you pay by PayPal, personal check, or money order, you shouldn’t give out any personal information to any eBay sellers, even if you are buying an item from them. If you are not using PayPal, just send a check or money order to the address given to you, nothing else needs to be done.
The second eBay scam that involves trying to get your personal information is phishing. Phishing scams are increasing in popularity, making it easier to fall victim to one. With phishing scams, a scammer sends out an email that looks like it is from eBay. The email is often accompanied with a message stating that something is wrong with your account and that you need to click on the attached link, sign in and fix it. This is a scam. What they are trying to do is get your eBay account information. Once that has been done, they may have access to stored personal account numbers, as well as the ability to use your eBay account to make fraudulent purchases.
The above mentioned eBay scams are just a few of the most common ones that you may run across. Although there are those on eBay who are trying to scam or take advantage of you, the chances of falling victim to a scam on eBay are actually quite low, as long as you proceed with caution.
Before we start to examine some of the most common eBay scams that you should be on the lookout for, it is important to mention why those scams exist. eBay is considered an online market place or an online auction website. Just about anyone with an internet connection and an eBay account can start eBay sale auctions. This is what makes it possible for scammers to trap innocent shoppers like you. While eBay does work to combat these scams and eliminate the individuals behind them, there are some people who slip through the cracks. That is why you will always want to be on the lookout for eBay scams.
Speaking of common scams to be on the lookout for, one of the most common scams involves selling a product that the seller actually doesn’t have. This type of scam is sometimes difficult to spot, but there are signs that you should look for. When posting an eBay auction, an eBay seller should have pictures of the item or items that they are selling or at least accurate descriptions. With some items, such as books, CDs, or movies, eBay sellers are given the option of using a stock photo; one that is provided by eBay. All other items should have a genuine photo, taken by the seller. If not, you may want to refrain from making the purchase, as it may mean that the seller isn’t even in possession of the item or items that they are trying to sell you.
In addition to selling items that they don’t even have available, another common eBay scam involves lying about the items that they do have. For instance, there are some eBay sellers, although a small number of them, who claim that they have an item, like a car radio, which is in brand new condition, but it isn’t always. It is not uncommon for some eBay seller to outright lie or strength the truth a little bit. Unless you have a watchful eye, you may not find out until it is too late. That is why it is advised that you not only purchase items from eBay that are accompanied by pictures, but that you also examine those pictures. You will want to try and see if something really does look new or if it is in “like new,” condition.
Another common eBay scam that you will want to look for involves those who want your personal information. This type of scam is implemented in two different ways. First, there are a small number of sellers who tell you that they need your credit card information, but they shouldn’t. Whether you pay by PayPal, personal check, or money order, you shouldn’t give out any personal information to any eBay sellers, even if you are buying an item from them. If you are not using PayPal, just send a check or money order to the address given to you, nothing else needs to be done.
The second eBay scam that involves trying to get your personal information is phishing. Phishing scams are increasing in popularity, making it easier to fall victim to one. With phishing scams, a scammer sends out an email that looks like it is from eBay. The email is often accompanied with a message stating that something is wrong with your account and that you need to click on the attached link, sign in and fix it. This is a scam. What they are trying to do is get your eBay account information. Once that has been done, they may have access to stored personal account numbers, as well as the ability to use your eBay account to make fraudulent purchases.
The above mentioned eBay scams are just a few of the most common ones that you may run across. Although there are those on eBay who are trying to scam or take advantage of you, the chances of falling victim to a scam on eBay are actually quite low, as long as you proceed with caution.
eBay Sellers: Why You Should Have an “About Me,” Page
Are you an eBay seller? If you are looking for ways to make money from home, there is a good chance that you may be. When it comes to working from home or making money from home, one of the first places that people turn to is eBay. The only problem is that to make money on eBay, you must be a successful seller. There are a number of steps that you can take to become a successful eBay seller. One of those steps involves creating an “About Me,” page.
If you are relatively new to selling on eBay, you may not know what an “About Me,” page is. An “About Me,” page is a webpage that allows you to write anything that you want about you, the items that you sell, or type of services that you offer. Due to the possibility of being scammed on eBay, a large number of eBay buyers want to do business with someone that they feel they can trust. One of the best, yet easiest ways, to go about creating trust is by creating an “About Me,” page. Although it may seem simple to you, it actually means a lot in the eyes of many eBay buyers. And, to be a successful eBay seller, public perception is everything.
As it was previously stated, if you are interested in creating an “About Me,” page, there is a section where you can write whatever you want to write. If you want to be a successful eBay seller, you will want to give information that you feel could be useful to you. For instance, if you are selling on eBay because you are a stay at home mom or dad, you may want to write that, but in a professional matter. Explaining your purpose for being an eBay seller is a great way to get an eBay buyer to see you as a person, just like themselves.
If you consider yourself to be a fulltime eBay seller or if you specialize in a certain type of product, like kids clothing, you may want to mention that in your personalized “About Me,” section. In addition to the samples outlined above, you will also want to add in anything else that you may find useful or something that you think will grab the attention or trust of potential buyers. When making your own personalized “About Me,” page section, it is important that you use your best judgment. Look at it from the perspective of an eBay buyer; what would you like to see on your own page?
In addition to your own personalized section, there are some sections that eBay automatically includes on a seller’s “About Me,” page. One of those items is a summary of current items available for sale. For instance, if you have a number of auctions currently going, those auctions will be summarized on your “About Me,” page, for everyone to see. All visitors are provided with a link to the auction listing, the current highest bidding price, as well as a short description of what is currently available for sale. In a way, having an “About Me,” page may also increase your chances of getting a sale, since a visitor to your page may see something that catches their eye.
eBay “About Me,” pages also commonly include information on feedback. If you are an established eBay seller, particularly one that has a good feedback rating, this may work out to your advantage, as visitor will be able to see that you are reputable eBay seller. If you have a number of feedback ratings, only a certain number, most commonly the recent ones, will be shown. This includes positive, negative, and neutral feedback ratings from your past eBay transactions.
Having an “About Me,” eBay page is completely optional, but, as outlined above, there are a number of benefits to having one. With an eBay “About Me,” page only taking a few minutes to make, you are advised to at least give it a try. After all, you may be surprised with the results.
If you are relatively new to selling on eBay, you may not know what an “About Me,” page is. An “About Me,” page is a webpage that allows you to write anything that you want about you, the items that you sell, or type of services that you offer. Due to the possibility of being scammed on eBay, a large number of eBay buyers want to do business with someone that they feel they can trust. One of the best, yet easiest ways, to go about creating trust is by creating an “About Me,” page. Although it may seem simple to you, it actually means a lot in the eyes of many eBay buyers. And, to be a successful eBay seller, public perception is everything.
As it was previously stated, if you are interested in creating an “About Me,” page, there is a section where you can write whatever you want to write. If you want to be a successful eBay seller, you will want to give information that you feel could be useful to you. For instance, if you are selling on eBay because you are a stay at home mom or dad, you may want to write that, but in a professional matter. Explaining your purpose for being an eBay seller is a great way to get an eBay buyer to see you as a person, just like themselves.
If you consider yourself to be a fulltime eBay seller or if you specialize in a certain type of product, like kids clothing, you may want to mention that in your personalized “About Me,” section. In addition to the samples outlined above, you will also want to add in anything else that you may find useful or something that you think will grab the attention or trust of potential buyers. When making your own personalized “About Me,” page section, it is important that you use your best judgment. Look at it from the perspective of an eBay buyer; what would you like to see on your own page?
In addition to your own personalized section, there are some sections that eBay automatically includes on a seller’s “About Me,” page. One of those items is a summary of current items available for sale. For instance, if you have a number of auctions currently going, those auctions will be summarized on your “About Me,” page, for everyone to see. All visitors are provided with a link to the auction listing, the current highest bidding price, as well as a short description of what is currently available for sale. In a way, having an “About Me,” page may also increase your chances of getting a sale, since a visitor to your page may see something that catches their eye.
eBay “About Me,” pages also commonly include information on feedback. If you are an established eBay seller, particularly one that has a good feedback rating, this may work out to your advantage, as visitor will be able to see that you are reputable eBay seller. If you have a number of feedback ratings, only a certain number, most commonly the recent ones, will be shown. This includes positive, negative, and neutral feedback ratings from your past eBay transactions.
Having an “About Me,” eBay page is completely optional, but, as outlined above, there are a number of benefits to having one. With an eBay “About Me,” page only taking a few minutes to make, you are advised to at least give it a try. After all, you may be surprised with the results.
eBay Sellers: Should You Open an eBay Store?
Are you an eBay seller? If you are, there is a good chance that you have heard of an eBay store before. In fact, you may even have your own eBay store. eBay stores are increasing in popularity. For that reason, if you currently don’t have an eBay store, you may be wondering whether or not you should open one. To determine whether or not you should open an eBay store, you may want to examine the advantages and disadvantages of having one.
Before examining the advantages and disadvantages of having an eBay store, you may be wondering exactly what one is. In a way, having your own eBay store can be compared to having your own retail store. By paying a small monthly fee, you are able to create your own customized “storefront.” This storefront is what customers will see when they visit your eBay store. For instance, you can make your own logo, create your own eBay store, and do much more. As previously mentioned, you must pay a small monthly fee to have an eBay store; however, you must also pay traditional final value and insertion fees. Despite having to pay traditional eBay fees, they are much lower than normal, if you have an eBay store.
Perhaps, a decrease in eBay fees is one of the biggest benefits to opening up your own eBay store. If you only sell a few items a month on eBay, it might not necessarily be worth it for you to open up an eBay store, but if you are a medium or high volume seller, you could save a considerable amount of money by opening up your own eBay store. It is also important to mention easy of use. Creating your own eBay storefront page is easy to do, as well as creating your own eBay listing. Despite being listed in your eBay store, you create all of your eBay listings the same way as you did before, with eBay’s step-by-step guide.
Although there are a number of advantages to having an eBay store, there are also a number of disadvantages or downsides to doing so as well. One of those downsides is marketing. Unlike many traditional auction listings and “Buy It Now,” listings, which show up in eBay searches, items inside eBay stores do not. Essentially, this means that it is your responsibility to get traffic to your eBay store. Without traffic, your eBay store items will not be able to sell. While there are easy ways to get traffic to your eBay store, like using traditional auction style listings, which will appear in eBay searches, and then place a link to your eBay store, and such, it can be time consuming to do. How you will make money is definitely something to consider before opening up an eBay store.
As you can see, there are a number of advantages and disadvantages to opening up an eBay store. The decision as to whether or not you want to open up an eBay store is yours to make, but you are advised to at least look into to doing so. Thoroughly researching and examining eBay stores is a great way to learn more about them, as well as gain insight into whether or not you can profit from having one. While having an eBay store isn’t for everyone, there are a number of eBay sellers who have noticed an increase in profit since opening their own eBay stores.
Before examining the advantages and disadvantages of having an eBay store, you may be wondering exactly what one is. In a way, having your own eBay store can be compared to having your own retail store. By paying a small monthly fee, you are able to create your own customized “storefront.” This storefront is what customers will see when they visit your eBay store. For instance, you can make your own logo, create your own eBay store, and do much more. As previously mentioned, you must pay a small monthly fee to have an eBay store; however, you must also pay traditional final value and insertion fees. Despite having to pay traditional eBay fees, they are much lower than normal, if you have an eBay store.
Perhaps, a decrease in eBay fees is one of the biggest benefits to opening up your own eBay store. If you only sell a few items a month on eBay, it might not necessarily be worth it for you to open up an eBay store, but if you are a medium or high volume seller, you could save a considerable amount of money by opening up your own eBay store. It is also important to mention easy of use. Creating your own eBay storefront page is easy to do, as well as creating your own eBay listing. Despite being listed in your eBay store, you create all of your eBay listings the same way as you did before, with eBay’s step-by-step guide.
Although there are a number of advantages to having an eBay store, there are also a number of disadvantages or downsides to doing so as well. One of those downsides is marketing. Unlike many traditional auction listings and “Buy It Now,” listings, which show up in eBay searches, items inside eBay stores do not. Essentially, this means that it is your responsibility to get traffic to your eBay store. Without traffic, your eBay store items will not be able to sell. While there are easy ways to get traffic to your eBay store, like using traditional auction style listings, which will appear in eBay searches, and then place a link to your eBay store, and such, it can be time consuming to do. How you will make money is definitely something to consider before opening up an eBay store.
As you can see, there are a number of advantages and disadvantages to opening up an eBay store. The decision as to whether or not you want to open up an eBay store is yours to make, but you are advised to at least look into to doing so. Thoroughly researching and examining eBay stores is a great way to learn more about them, as well as gain insight into whether or not you can profit from having one. While having an eBay store isn’t for everyone, there are a number of eBay sellers who have noticed an increase in profit since opening their own eBay stores.
eBay and Customer Service
If you are running an eBay business, you may not realize that the need for great customer service still exists – even for online auctions. When a buyer receives quality customer service from you, they will potentially do one of two things – or both. They will give you great feedback, and they may look for more of your auctions in the future. If you hope to make a living from eBay, you have to stop thinking of it as an ‘auction’ and start running it like a ‘business.’
If you owned a brick and mortar business, how would you treat your customer while they were standing at your counter, waiting for you to finish ringing up their order? You would be helpful and respectful of course! You would do everything that you could to guarantee that customers return to your establishment in the future. You would bend over backwards to make sure that their buying experience with you was both satisfactory and enjoyable.
Why would you do any less at the close of one of your eBay auctions? First, act quickly at the close of your auctions. Contact the winner, and congratulate them. Describe the item they have won and how the item will be shipped – even if this information is already part of the description for the auction. Remind them of their winning bid amount, and give them payment options and instructions. Let them know when the item will be shipped.
Close your email by thanking them for participating in your auction. You might even take this opportunity to tell them about other open auctions that you have as well. Think of this contact with the winner as a conversation that you are having with a customer who is standing at your counter in that imaginary brick and mortar store.
Once the payment and shipping details have been taken care of, contact your buyer again. Let them know when the item was shipped – the exact date and time – and when it is expected to arrive on their end. During this contact, let them know that if they have any problems or questions, that they should contact you through the eBay site. If they do contact you in the future, make sure that you answer promptly, and that you do all that you can to make them happy with their purchase – even if it means issuing a refund.
Yes. You should be open to issuing refunds, depending on what the item is. Furthermore, you should issue refunds promptly. Of course, it is reasonable to expect the buyer to return the item to you, at your expense, before the refund is issued – but once you receive the item, issue the refund promptly. This is just good business!
If you owned a brick and mortar business, how would you treat your customer while they were standing at your counter, waiting for you to finish ringing up their order? You would be helpful and respectful of course! You would do everything that you could to guarantee that customers return to your establishment in the future. You would bend over backwards to make sure that their buying experience with you was both satisfactory and enjoyable.
Why would you do any less at the close of one of your eBay auctions? First, act quickly at the close of your auctions. Contact the winner, and congratulate them. Describe the item they have won and how the item will be shipped – even if this information is already part of the description for the auction. Remind them of their winning bid amount, and give them payment options and instructions. Let them know when the item will be shipped.
Close your email by thanking them for participating in your auction. You might even take this opportunity to tell them about other open auctions that you have as well. Think of this contact with the winner as a conversation that you are having with a customer who is standing at your counter in that imaginary brick and mortar store.
Once the payment and shipping details have been taken care of, contact your buyer again. Let them know when the item was shipped – the exact date and time – and when it is expected to arrive on their end. During this contact, let them know that if they have any problems or questions, that they should contact you through the eBay site. If they do contact you in the future, make sure that you answer promptly, and that you do all that you can to make them happy with their purchase – even if it means issuing a refund.
Yes. You should be open to issuing refunds, depending on what the item is. Furthermore, you should issue refunds promptly. Of course, it is reasonable to expect the buyer to return the item to you, at your expense, before the refund is issued – but once you receive the item, issue the refund promptly. This is just good business!
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