Tag Archives: Building

Market Analysis

4 Critical “Musts” When Building your List…Miss 1 And You’re Toast!

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4 Critical “Musts” When Building your List…Miss 1 And You’re Toast! As more online based businesses are put up, the need to develop new marketing skills and knowledge based on this new medium have arisen.

More and more marketing strategies are being discovered and developed to cope with the changing face of business the business world.

The demand for online marketing tips and strategies have grown dramatically and  new forms of business have been born, internet marketing strategies, list building, SEO Optimization etc… While there are companies that are eager to help your site and business build a clientele for a fee, there also many ways that can spread the word about your sites subsistence in a more cost free way. One of these is Opt-in email marketing, also known as permission marketing.

Opt-in marketing requires the permission of a willing customer to subscribe to your marketing materials, materials like newsletters, catalogs and promotional mailings via e-mail. The more opt-in marketing mail is sent, the more chances there is to create sales and gain exposure. To do this, you must build a list of all those who want to subscribe to your opt-in marketing list.

From your list, you will get your targeted customer, this is a good list since they already have shown interest in what you have to show and sell since they have willingly signed up for your list.

These are the people who have liked what they have seen in your site and have decided they want to see more and maybe even purchase what ever product or service your business and site has to offer.

Most people think that building their lists would take hard work and a fair amount of time to build and collect names and addresses.

This is not so, it takes a bit of patience and some strategies but when building your list, you open your site and your business to a whole new world of target marketers.

Take the effort to shift your business to a new level, if traffic increase and good profits are what you want, an opt-in list will do wonders for your
business ventures. There’s an “Opt-In page Builder” on my Blog that works wonders for list building…Check it out if you get a chance.

There are many sources and articles on the internet available for everyone to read and follow in building a list. There’s also a great “link” on my Blog
where you can get all the articles you need to get started writing within minutes. Anyway… Different groups of people are going to have different approaches in building an opt-in list, but no matter how diverse the methods are, there are always some critical things to do to build your list.

Here are four of them.

1) Put up a good web form in your site that immediately follows the end of your content.
Try to remember that your homepage should provide a good first impression. If somehow a website visitor finds something that he or she doesn’t like and turns them off, they may just forget about signing up.

A good web form for subscribing to an opt-in list is not hard to do. Just write a simple short statement about how they would like to see more and get

updated about the site. Then there should be an area where they could put in their names and e-mail address. This web form(opt-in page generator) will automatically save and send you the data’s inputted. As more people sign in, your list will grow.

2) Make your homepage very, very impressive.
You need to have well written articles and descriptions of your site. Depending on what your site is all about, you need to capture your website visitor’s attention. Make your site useful and very easy to use. Do not expect everyone to be tech savvy. Invest in having good programming in your site, make your graphics beautiful but don’t over do it.

If you don’t have the money for all of that … A good blog will accomplish the same task. Espacially if you’re just starting out. Don’t waste your time making a homepage too overly large megabyte wise. Not all people have dedicated T1 connections and all that other junk.

3) Provide good service and products.
A return customer is more likely to bring in more business. A satisfied customer will recommend a business always. Word of mouth and recommendations alone can rake in more business than an expensive ad. As your clientele grows so shall your list. With more members on the list, the more people will get to know about you and what you have new to offer.

4) Keep a clean and private list.
Never lose the trust of your customers. If you provide e-mails to others and they get spammed, many will probably unsubscribe to you. Remember, a good reputation will drive in more traffic and subscribers as well as strengthen the loyalty of your customers.

Forex Trading Articles

Forex Trading System Building in Five Steps

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Before trading forex, the trader must build first his own trading system before beginning to trade. This is necessary to be able to earn big money trading forex. When building your forex trading system, you must rely on yourself and not others. This will ensure probability of success when trading.

Let us see first what makes the forex trading system a successful one. It must have three main features:
1. It must be simple: when building the forex trading system, be sure to make it simple. Complicated analysis will confuse you and lead you to fail. The number of techniqual tools you use to identify the trend must be two or three at most.
2. It must go up the profits and cut the losses: when you see a trend and use the forex trading system you built, it must continue opening the deal if the profits going high and close the deal if the losses going on.
3. It can follow long term trends: long term trends earn more money so make the forex trading system follow long term trends.
Below are five steps to build a FOREX Trading System:
1. Your Method: this mean the rules you use to identify the trend and the how the money is managed in the forex account. As stated above, it must be simple to ease the usage of it.
2. Use breakout in your system: the term breakout is used to mean that the price is reached a level that the price can go beyond it for a long time. If breakout occurred, then there is long probability that it will continue largely in that direction. The forex trading system that you build using that fact can do well.
3. Identify the time entry: entry point is the price you enter a deal at it or the price at which you buy or sell. When building a forex trading system, one of the basic factors to consider is when to enter a trade and when to exit a trade. If we use the breakout condition in our system, we can identify the entry point as the breakout point. To confirm, we can wait until the high stochastic crosses the low stochastic.
4. Identify when to exit: you must also define the exit point in you forex trading system. If you use breakout on your system and entered a trade, you can monitor if the price goes above the breakout point. If it does it will turn into profits. If it goes below don’t exit below the breakout level at the same time. You can wait for one day and exit if it reaches after one day assuming you are working with weekly chart.
5. Money management: this topic is one of the most important things to consider when building the forex trading system. What is meant by money management is to know the percentage of your money to enter trade with, the percentage to risk by, and the amount of profits to take. This can differ according to the account size.

Forex Trading Articles

Forex Trading – the Building Blocks to Learning Forex

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Forex education is a critical part of starting a successful forex trading endeavor especially for someone who does not really know anything about the forex market. A lot of people have already been duped about how easy it is to make money trading forex. Without the right fundamentals, you will only succeed in gambling away your money – reaping gains on minute and then losing them again in bad trades. It is only through a thorough understanding of forex trading can you truly make a carefully planned forex trading portfolio to earn both short and long-term profits. You can start with learning about the building blocks of forex.

In the Kindergarten level at the School of Pipsology, you will be introduced to the basics you need to know to actually understand what trading is. You will learn about the two types of trading, fundamental and technical, as well as the types of charts used in forex trading at this level. Making a fundamental analysis of the market will be taught by showing how the market is affected by the country’s economy. A technical analysis, on the other hand, will involve looking closely into price movements using charts. These charts are also outlined in this level. As you move on to 1st Grade, you will zoom in to candlestick charts, the most common of all charts used in forex trading.

You will find that candlesticks are formed by plotting in open, high, low, and close figures. The significance of this kind of plotting will show you how the market is buying or selling. By looking at how the candlesticks are formed, it is easier for you to see the direction the market is taking and consequently make your own trading decisions.

Forex Trading Articles

Forex Trading – the 3 Key Building Blocks for Huge Forex Profits

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Here we are going to look at the 3 key points you must consider if you wish to achieve forex trading success. Fail in any of these areas and you will lose.

1. Get the Right Education

To make money at forex trading you don’t need to work particularly hard – but you do need to get the right knowledge and learn it. Most traders don’t and fall victim to common forex trading myths. Here is a list of them, believe any of them and you are guaranteed to lose.

– You can make money with forex day trading

– You can predict forex prices in advance

– You should buy low and sell high to make money

– You can trade off news stories

– You need a complicated forex trading strategy to win

– You can follow a simulated system from a vendor and make money

– Forex trading is easy

Believe any of the above and you can say goodbye to your equity.

If you want to get the right forex education and knowledge you need to spend some time learning the basics and developing a strategy you understand, because this leads onto the next vital ingredient for currency trading success:

2. Confidence

Most novice forex traders simply think they can make money following someone else or trading news stories. They have no idea how and why the markets move and when they hit a few losses, they have no confidence in what their doing and that’s the end of their forex career and their equity.

Now let’s look at the vital ingredient all traders need to succeed that flows from confidence:

3. Discipline

If you don’t have confidence in what you are doing, then you will never have the discipline to sit through a period of losses and wait for winning trades to return.

One of the biggest myths of forex trading is that you can earn a consistent living and a regular monthly income – its rubbish you can’t!

Even the best traders will spend weeks or months in periods of drawdown and you will to. Sure, you can make huge gains over the longer term – but there not spread evenly across the year.

If you don’t have discipline to take short term periods of drawdown and still keep trading, you don’t have a trading method at all.

If you want to win at forex trading the good news is:

If you work smart, you can learn to trade in just a few weeks.

If you have avoid the myths and get the right knowledge, you will be confident in what you are doing. From this understanding and confidence you will achieve discipline. You need the discipline to stay with your method through short term losses and stay with your system to achieve longer term success.

95% of traders lose and this group simply do not understand that to make big profits, you need to have a simple robust trading system; you have confidence in and the discipline to follow it.

If you understand the above you will be able to put the 3 building blocks together and achieve forex trading success – it really is that simple.

Forex Trading Articles

Building a Forex Trading Strategy

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Your chosen Forex trading strategy will drive the trading decisions that you make in the Forex trading system. If you are new or a novice to Forex trading systems, you will need to develop an appropriate strategy that will evolve over time. The following steps outline the approach to building a Forex trading strategy that may be adapted and tailored to your needs.

Develop a Forex Trading Plan – A Forex trading strategy should never be considered absolute or complete. Part of having a Forex trading strategy is incorporating a plan for making adjustments to the strategy. You will need to be able to make adjustments without completely revamping your strategy. Though you may consider your trading strategy to be more technical than fundamental or vice versa, you should take advantage of any available market data in making your trading decisions regardless of which discipline it falls under.

Initiate a Forex Trade – You must decide on the currency pairs that you which to trade and the number of units to trade. You must establish either a buy or sell position. You are then ready to initiate a trade as either a market order or a limit order. A market order initiates a trade at the current market price while a limit order permits a trade to be executed when the market price reaches a limit that is predetermined by you. As a safeguard for online trading, particularly with limit orders, you should also establish limits to take profits or stop losses. Take profit and stop loss limits become particularly important with online trading when your Internet connection is loss. In the time it will take to reestablish a connection, the market price may change and fall outside of any established limits. Your trading platform may be able to calculate a suitable set of limits. Limits are set as either the percentage of the trading range or as distance from the market entry price. If you have established an open position, you may adjust these calculated values to suit your needs.

Determine When to Exit a Forex Trade – If a trade moves in favor of your established position you must evaluate the move. In a long position, a move is considered significant if it is in the range of 15 to 20 pips. In response to such a move, it would be advantage to raise your stop-loss limit above the market entry price and your take-profit limit by about 20 pips or the number of your choice. If the trade continues to move in your favor you should continue to raise the stop-loss and take-profit limits. This aspect of a trading strategy allows you to continue to generate profits while the market is working in your favor. Unless, for some reason, you feel you need to manually exit the trade, you should not exit the trade until the market reverses to trigger your stop-loss order. A take-profit limit should not be used to signal an exit from the trade. If a trade moves against your established position, you have two options. You may manually exit the trade before your stop-loss limit is reached or stay in the trade until either the stop-loss or take profit limit triggers an end to the trade. It would not be beneficial to lower the stop-loss limit with the expectation that the market price will reverse for a short period of time. While such a reversal is possible, the odds of this type of market action are low and your Forex trading strategy should not depend on this type of anomaly.