Tag Archives: Simple

Setting Up A Simple Online Business

When you watch the news and see the people making millions on the net it will usually spark some interest. Many people across the world would love the ability to make money online, but few will actually make it happen. When you want to start an online business it is important to start slow and simple understanding of your end goal. How you begin will depend on the amount of money you have to spend on your business. If you have absolutely nothing to spend then you will have to settle for a free business which is ok unless you start seeing success then you will find yourself reaching the bandwidth and storage limits. Personally I also like the fact that when using hosting24.com for my hosting company I get a free domain name and unlimited sub domains. The speed of websites is also much quicker since not nearly the same amount of people are sharing bandwidth. Before you begin the creation of your website or blog it will also be important to think about what topic you would like to create a web presence for.

When choosing a niche you should pick something which you have a decent interest in and supports an audience which is large enough to fit your online income goals. The main tool to use when trying to find out how much traffic any given topic has is adwords.google.com/select/KeywordToolExternal. When you enter any term into this tool it will tell you the monthly Google traffic for the term and give you a list of 99 related terms with their monthly traffic. Using this list you should be able to optimize your website or blog with the terms you would like to rank well for. Placing the terms on your website or blog will not be enough to rank well in Google or bring any traffic whatsoever. If you want to start building hits towards your website you will need to start internet marketing which is when you go off your website and promote. There are many free places which will allow you to build links and promote your website free of charge. Some of the more basic include the general directories over at directorycritic.com. After you submit to the thousands of free directories you can move onto the free article directories and social bookmarking websites. Some of the top sites you should submit to include digg.com, stumbleupon.com, delicious.com, goarticles.com, articlesbase.com, articlecity.com, and isnare.com.

These free resources should be enough to help you start building traffic towards your website or blog. Once you start getting hits to your web presence it will be time to monetize the traffic you are bringing in. One important thing to remember is the amount of traffic is relative to the amount of income your website generates. If this is your first business one of the easiest ways to start making money with your presence is through the use of PPC publishing which includes such websites as Google Adsense and Chitika. You can find both of these websites by doing a quick Google search. After you sign up for a free account you can create ads for your website and when one of your visitors click on an ad you will be paid a small commission. Another great website to look at when trying to monetize your website is clickbank.com which has thousands of products you can sale on your web presence for a commission.

Forex Trading – 4 Simple Ways to Supercharge Your Profits

If you are trading forex, you want to make big profits and if you are new or not enjoying the success you want, then these simple forex trading tips will help you increase your profitability.

Some of the tips below are not commonly held beliefs by the majority of forex traders – but don’t let that worry you the majority lose!

Here are your simple ways to supercharge your profits.

1. Learn the 80 – 20 Rule

If you don’t know what it is then in essence its 80% of your results come from just 20% of your efforts.

In marketing many sales forces see 20% of their clients produce 80% of their revenue; forex trading is similar and for most traders the next statement is true:

80% of your profits come from 20% of your trades.

The fact is many traders trade to much – don’t make this mistake!

Be patient and wait for the best opportunities.

There is no correlation between trading frequency and profits.

Trade less. I know traders who make 100% + annual profits and trade less than once a month.

2. Load The Trade

I hear a lot about risking just 2% if your equity – ok if your trading a seven figure sum – but for smaller traders, taking such a small risk means their guaranteed to be stopped out by normal volatility.

If you have a trade that looks good, load it up.

Risk 10 – 20% and go for it.

This is not being rash, its taking a calculated risk, when the odds are in your favour. Better to trade one great trade and risk more, than risk less on marginal trades, where you’re almost guaranteed to lose.

3. Don’t Diversify

Diversification is the buzz word of the investment community, it can cut risk but it also cuts profits to.

Again the small trader (under $100,000) shouldn’t bother, just pay attention to points 1 and 2!

4. Don’t Trail Stops to Quickly!

A common error. If you do this you will NEVER get a big forex trend profit.

I see people looking for 10 and 20 pips -compete waste of time. When I trade I go for at least a few hundred and on a big trend can bank a 1,000.

I am prepared to trail my stop way behind volatility, that short term can drop my equity – but I have my eyes on the bigger prize.

I use a 40 day moving average a lot of the time and don’t mind giving a bit back at the end. Keep in mind forex trends ( the big ones) last for months or years and if you caught just 50% of them, you would make a lot of money.

As you can gather forex trading with the above tips is all about taking risks – not being rash but taking calculated risks at the right time when the odds are in your favour.

Forex trading involves risk – learn to love it not be frightened of it and forex trading success can be yours.

Learn Forex Trading – How to Trade Like a Pro Quickly in Simple Steps

Anyone can learn Forex trading but the fact is most traders lose money. If you want to win at Forex trading, this article will give you a simple blueprint for success…

First don’t make the mistake of thinking Forex trading is a walk in the park – 95% of traders lose! Most novices follow Forex robots and sure fire systems but if winning were as easy as that, a lot more people would win.

Before you start to trade accept, your success is up to you and you need to learn skills these should only take you a week or two at most. You only need a simple Forex trading system as simple systems work best and always will.

Leaning to trade Forex is not hard, learning to adopt the mindset for success is.

Most traders simply cannot cope with the unique challenge that Forex trading presents in terms of – executing their system. You have to execute your system with discipline and keep going through periods of losses. Don’t let anyone tell you that you won’t have a string of losses you will but you can win.

Most traders cannot accept that you have to lose to win and keep your losses small.

The market price is always the right price and it’s hard to take sometimes when the market makes you look a fool – but hang in there keep your losses small and you can win long term, as if you trade the odds your profitable trades will come.

If you want to enjoy currency trading success simply keep in mind the following:

You need to have a logical, simple system you have confidence in and this will give you the discipline, to trade your system as it should be traded and achieve long term success.

So if you want to win at Forex – keep it simple and always remember a system needs to be applied with discipline and if you remember this, Forex trading success can be yours.

3 Digit Gains In Simple Forex Trading

 

Trading in the foreign exchange market is a potential profitable endeavor. A lot of people enter the business precisely because of this lure. But not all are successful in making money out of it. This is because they do not have the right information and the right tools to make profits in their forex trades. While some amount of work, and a lot of patience, is necessary to be able to experience profits in foreign exchange trading, the concepts and techniques are actually simple. You do not have to bust your brains nor your back in doing your forex trades just to see some profits.

Profitable trades in the triple digits can be gained by following a few simple tips:

1. Choose your trades. More trading does not necessarily mean more profits. In fact, jumping on every trade can actually make you lose more money than you are ready to part with. Effective forex traders cut their trading only to those with high odds. There are a few times in a year when contrary trades are highly profitable. Riding the long term trends in an overbought scenario and looking to jump out right before market corrects itself is the best way to profit from the particular currency outlook in the foreign exchange market. Do not waste your time doing short term day trading. The market is too volatile and random for you to time your trades properly.

2. Allow yourself to take more risks. Calculated risks are an absolute must in the foreign exchange market. Especially for those holding on to a small account, risking more per trade is a viable route than diluting potential gains by diversifying. It is advisable to increase the amount of your trade when the odds are in your favor. Accept risk as part of gaining in trading in the forex market. Those forex traders who are too risk averse sometimes unknowingly create risk when they instinctively flinch from the slightest hint of risk in the forex market.

3. Trust momentum indicators. Do not try to predict anything in the forex market. There is absolutely nothing that can predict the exact behavior of the forex market. What can help you make big profits in foreign exchange trading is to read momentum indicators. Here you can see how people are moving and reacting to market movements. Then, you can try and put the odds in your favor and hope that your wins will outweigh your losses.

4. Go for bigger gains. Not to say that you should shun small trades. You can maintain your short term trades and at the same time set up a trading system for bigger trades. The right market timing will allow you to enter best odd trades that will limit your risk while setting you up for maximum profits.

Boost FOREX Trading Profits Using These 3 Simple Guidelines

FOREX trading is nothing more than direct access trading of different types of foreign currencies. In the past, foreign exchange trading was mostly limited to large banks and institutional traders. Recent technological advancements have made it so that small traders can also take advantage of the many benefits of FOREX trading by using the various online trading platforms.


FOREX markets possess unique attributes that offer unmatched potential for profitable trading in any market or any stage of the business cycle. For starters, FOREX trading boasts a 24-hour market, giving traders the chance to take advantage of profitable market conditions anytime. Secondly, the FOREX market is the most liquid market in the world. FOREX traders can enter or exit the market whenever they want, during almost any market condition. There also exist minimal execution barriers or risk and no daily trading limits.


For all the advantages of the FOREX market, one glaring weakness emerges. The FOREX market is seen as unregulated although the operations of major dealers, like commercial banks in money centers, are regulated under the banking laws. The daily operations of retail FOREX brokerages are not regulated under any laws or regulations specific to the FOREX market. Many of these types of establishments in the United States, don’t even report to the I.R.S. To make the most of the explosive potential of successful FOREX trading, individuals should follow these guidelines.


1.Determine the quality of the broker institution you choose.

Unlike equity brokers, FOREX brokers are usually attached to large banks or lending institutions because of the large amounts of capital that is required. FOREX brokers should be registered with the Futures Commission Merchant (FCM) as well as regulated by the Commodity Future Trading Commission (CFTC)



Request a free trial.

Before you commit to any broker, be sure to request free trials so that you can test their different trading platforms. Brokers usually provide technical as well as fundamental commentaries, economic calendars and other research as a means of assisting you. Basically, a quality broker will provide everything one needs to succeed.

3.Monitor two financial meetings to provide insight into the upcoming FOREX market.

Two important meetings FOREX traders should watch for are the federal Open Market Committee and the Humphrey Hawkins Hearings. By reading the reports and examining the commentary, FOREX fundamental analysts can get a better understanding of any and all long-term market trends it also allows short-term traders to be able to profit from extraordinary happenings.


Http://FreeForexTips.blogspot.com provides free commentary and up-to-date information on the FOREX currency exchange market. Http://FreeForexTips.blogspot.com