Learn Currency Trade - Intro to The FOREX Market

The Foreign Exchange Market – better known as FOREX - is a world wide market for buying and selling currencies.

It handles a huge volume of transactions 24 hours a day, 5 days a week. Daily exchanges are worth approximately $1.5 trillion (US dollars). In comparison, the United States Treasury Bond market averages $300 billion a day and American stock markets exchange about $100 billion a day.

The Foreign Exchange Market was established in 1971 with the abolishment of fixed currency exchanges. Currencies became valued at 'floating' rates determined by supply and demand. The FOREX grew steadily throughout the 1970's, but with the technological advances of the 80's FOREX grew from trading levels of $70 billion a day to the current level of $1.5 trillion.

The FOREX is made up of about 5000 trading institutions such as international banks, central government banks (such as the US Federal Reserve), and commercial companies and brokers for all types of foreign currency exchange.

There is no centralized location of FOREX – major trading centers are located in New York, Tokyo, London, Hong Kong, Singapore, Paris, and Frankfurt, and all trading is by telephone or over the Internet. Businesses use the market to buy and sell products in other countries, but most of the activity on the FOREX is from currency traders who use it to generate profits from small movements in the market.

Even though there are many huge players in FOREX, it is accessible to the small investor thanks to recent changes in the regulations. Previously, there was a minimum transaction size and traders were required to meet strict financial requirements. With the advent of Internet trading, regulations have been changed to allow large interbank units to be broken down into smaller lots.

Each lot is worth about $100,000 and is accessible to the individual investor through 'leverage' – loans extended for trading. Typically, lots can be controlled with a leverage of 100:1 meaning that US$1,000 will allow you to control a $100,000 currency exchange.

There are many advantages to trading in FOREX, including:

- Liquidity: Because of the size of the Foreign Exchange Market, investments are extremely liquid. International banks are continuously providing bid and ask offers and the high number of transactions each day means there is always a buyer or a seller for any currency.

- Accessibility: The market is open 24 hours a day, 5 days a week. The market opens Monday morning Australian time and closes Friday afternoon New York time. Trades can be done on the Internet from your home or office.

- Open Market: Currency fluctuations are usually caused by changes in national economies. News about these changes is accessible to everyone at the same time – there can be no 'insider trading' in FOREX.

- No commission Fees: Brokers earn money by setting a 'spread' – the difference between what a currency can be bought at and what it can be sold at.

How does the foreign currency exchange market work?

Currencies are always traded in pairs – the US dollar against the Japanese yen, or the English pound against the euro. Every transaction involves selling one currency and buying another, so if an investor believes the euro will gain against the dollar, he will sell dollars and buy euros.

The potential for profit exists because there is always movement between currencies. Even small changes can result in substantial profits because of the large amount of money involved in each transaction.

At the same time, it can be a relatively safe market for the individual investor. There are safeguards built in to protect both the broker and the investor and a number of software tools exist to minimize loss.

Finding Reliable Forex Signals

You guys know how hard it's to find a reliable forex signals and most of the forex signals services are very expensive ranging from $199 to $500 per month. And worse of all, there's no guarantee of this.

To find a good service, you must make sure that you get their free trial before you really subscribe to the service. 1 to 2 weeks is good enought to prove that whether they are reliable or not.

You want to find a forex signals service just because you don't have time or you don't have a good skills in trading forex. I understand your felling and that's why I've created a blog for people who want to get the free forex signals.

But I have day job as well. I don't post forex signals every day but if you can catch some, you got your money into the bank! :)

By that, I wish you to have a good trading in forex world!

Take care and God bless.

Explosive Profits: 7 Reasons to Trade Forex

There are many money-making opportunities out there and we’ve been involved with quite a few, namely property marketing, web development, residential construction security, multi-level marketing businesses etc.

We’ve come to a few conclusions with the help of some well-known properity coaches.

Often people with the income they desire don’t have the time to enjoy it. Those that have time don’t often have money. You don’t have to sacrifice your life-style to earn an above-average income. If you focus on the Forex for a few months you can make that dream a reality and create time and money to do what you REALLY want.

To earn a living money is given in exchange for a product or service rendered. It needs to be sold continuously otherwise your income stops abruptly unless it’s a repeat type of product or service.

Money is a medium of exchange. There’s no magical formula to possess it, you need to exchange something of value for it.

What if, you could have access to thousands of customers who are ready, willing and able to buy from you whenever you wanted? Wouldn’t it be great to avoid any hassles like money collection problems (just had a delayed payment from my web business), keeping difficult customers happy (we all know what that’s like), competition stealing your business without providing the same value etc.

All that is possible with Forex. You can also trade from anywhere. Take your laptop with you, find an internet connection and away you go.

Another advantage is that you don’t need experience to get started. Get a traditionally job involves accumulating specialized experience, having a well-polished resume and having the right contacts. With the right training course, you can get started straight away.

Here’s 7 more reasons to trade Forex:

1. It never closes. It’s open around the clock, worldwide. Trading positions open at Monday 7am, New Zealand time and close 5pm New York time on Friday. During this time, you can enter or exit the market whenever you like. It’s a continuous electronic currency exchange. This is great because you can trade whenever you have spare time.

2. Leverage. Standard $100 000 currency lots can be traded with as little as $1000. This is mainly because of the ease with which you can buy and sell, some brokers will leverage up to 200 times, so with $100 you can control a 200 000 unit currency position. It’s the best use of trading capital around, even banks lending on property investments don’t come close.

3. Accurately predict the outcomes. Currency prices generally repeat themselves in predictable cycles so you can see what the trends are. ‘Technical Analysis’ helps to see these trends and profit from them.

4. Low Transaction Cost. In other words, you mistakes won’t cost you a fortune. Good brokers won’ charge commissions to trade or maintain an account even if you have a mini account and trade small volumes.

5. Unlimited Earning Potential. Forex has a daily trading volume of over 1.5 trillion, the largest financial market in the world. It dwarfs the equities market (50 billion daily) and the futures market (30 billion).

6. You can make money in any market conditions. Each market is one currency against another, so when you buy in one, you’re selling in another so there’s no biase towards either currency moving up or down. This means it’s up to you to choose which currency to buy or sell with. Yu can make money going up or down.

7. Market transparency. This is an advantage in any business or trading environment. It means you can manage risk and execute orders within seconds. It’s highly efficient and allows you to avoid unexpected ‘surprises’.

I hope you’re now convinced that Forex is the best investment and income opportunity around.

5 Things You Must Do If You Want To Attain Financial Freedom Through Forex Trading

With the amazing growth of the forex market, you are going to see an astounding amount of traders lose all their money. Unfortunately, they haven't followed the simple steps I have laid out for you. Go through these steps and give yourself the greatest opportunity to achieve your goals.

1. Have Faith In Yourself

To reach the level of elite forex trader, you must trust in yourself and your forex trading education. You must be willing to make all your trading decisions, instead of relying on someone else's thoughts or ability (or lack of). Of course, you will prepare yourself fully before every risking any money.

2. Accept Your Learning Curve

Unless you are a veteran trader, you will lose money trading the Forex market. This is a near certainty. I don't say this to talk you out of trading. In fact, quite the opposite. You will be trading against others that fall to this reality day in and day out. You, however, will not risk a dime until you have learned the skills you need to make money trading the forex.

3. Decide What Type of Trader You Are

There are many ways to trade the forex. They range from very active to very patient. You must decide which style suits you best. The best time to learn this about yourself is while you are trading a demo account. There is no need to allow your learning curve to cost you money.

4. Get Educated

Education is the shortest path to elite forex trading. Regardless of your ultimate goals, you will reach them quicker with a great forex trading education. Take some time to review different options before deciding on who to trust with your forex trading education needs. A forex seminar will help shorten your learning curve drastically.

5. Continue to Get Educated

In order to achieve and retain elite forex trading skills, you must constantly be adding to you knowledge base. Your education should never end. In fact, one of the key points to look for in an elite forex trading course is ongoing education. It's nice to have an ongoing relationship with the person/people helping you to achieve your goals.

What separates an elite forex trader from all others is their desire and ability to be independent. Many traders are willing to follow signals, systems, strategies, or anything else you may call them. By taking this approach, however, these traders are only as good as the people they follow.

An elite forex trader will lead. Their decisions will be calculated and analyzed to near perfection. They will make decisions with no hesitation, and handle the growth of their account in a predetermined, intelligent fashion. Take your trading to their level and you will never look back.

3 Key Internet Business Start-Up Ideas - Without a Website

A great deal of money has been made by online entrepreneurs who have implemented these 3 highly successful business models that can help you create income online without having to invest a single a cent in website design, hosting, optimizing or website maintenance.

1. Affiliate Marketing

This is how to set yourself up as an affiliate marketer

1. Becoming an Affiliate

Firstly you need to sign up as an affiliate with individual companies or affiliate networks that represent several companies.

These affiliate networks usually have a wide range of products and services to choose from and offer everything from e-books to networking products to sell.

They also administer your account in such a way as to provide you with up to date earning and traffic statistics.

2. Get Products and Services to Sell

Next you need to identify the products or companies whose products you would like to promote.

You can do this by either choosing the most popular, hottest selling products or the ones that you have an interest in or are knowledgeable about.

3. Selling and Marketing

Once you've got your unique affiliate link, which you'll get from the affiliate network, for each product that you want to sell you need to start getting it all over the internet.

This link can then be promoted by,

1. advertising it

One of the most effective and most popular advertising models involves you setting up a Google Adwords account

You then purchase pay-per-click keywords on which determine when, where and how often your Google Adsense ads appear all over the internet.

Your affiliate tracking code will be embedded in the Adsense link which will send buyers directly to the affiliate merchant.

You will then earn commission on each sale made.

This is the best way of getting massive targetted traffic to the merchant's site where your prospects will hopefully make a purchase.

However, whilst you may be generating traffic don't forget that each click your ad gets costs you money and if you are spending more on Adwords advertising than you are generating in commission you will be out of pocket soon.

2. having it included in someone else’s website

3. using it in an e-mail newsletter - direct marketing

2. Start Selling on eBay

eBay is the hottest e-commerce site on the web today, and for good reason...

* More than 2 million people visit eBay.com every single day, spending an

average of two hours navigating through eBay's pages and listings

* More than $1,000 in sales happen on eBay every single second

* 72% of eBay users have incomes in excess of $50,000 per year--so they come ready to spend!

And while those listings will cost you only pennies to place on eBay's pages, you gain immediate access to millions of buyers who are looking for items just like yours.

3. Start Selling on Purpose Built Websites

One of the easiest ways of setting up an online business is to buy into a ready made store front that will be populated with thousands of digital products and services all embedded with your unique affiliate tracking code

So everytime a purchase is made from your site you are credited with the commission.

So there you have it, employ one or all three methods to launch a legitimate and sustainable online business.

Attention: Home Business Owner--Are You A Time Waster?

It's a sad fact that the average home business owner never earns a profit in their business. It has become clear to me as I meet more and more new business owners why it is that the vast majority of them are struggling to earn money with their businesses. They waste their time on the unimportant stuff and neglect the key activities that will begin to make them money in the home based business industry.

Given the lack of training provided by some companies, and given that the blind often end up leading the blind in business, I though it would be helpful to lay down some basic necessities for the new business owner to use as a blueprint to success in their home business:

1. Find a mentor or create what Napoleon Hill calls in "Think and Grow Rich," a mastermind group. A group of people who meet regularly to game plan and work out answers to problems that they or the other members are having. This group can be in person or via an online conference room. These types of people will guide you with their own successes and difficulties the have faced in business and provide you with a reality check about the level of desire, commitment, and dedication you must have to build a successful business from home.

2. Stay away time wasters. I mean ALL time wasters. If you often find yourself searching link exchanges for the newest way to "Get Rich Quick," or "Earn Money in 15 Minutes" you need to reexamine your level of dedication to the business you are trying to build. If I can impart only one pearl of wisdom to you it is this: there is NO "super simple" road to wealth. All wealth creation takes time, but some methods are just simpler or more effective than others. Set up a daily schedule and stick to it, you'll be amazed by how much more productive you will become when you follow a checklist.

3. Make "Work Time" actual Work Time. Just because you are sitting at your desk doesn't mean you are working. Wasting time may be fine when you're someone's employee, but when you are your own boss ask yourself whether you'd be happy with your own level of activity and productivity. Work time is not chat with your significant other time, call your mom time, shop on the Internet time, chat online time, or pay the electricity bill time. Work time should be scheduled in stone and given the respect it deserves. I promise, the amount of work you do in the beginning will make or break your business.

4. Just because you are on the phone with a prospect doesn't mean that they are the type of person you want to do business with. Sometimes it's hard to do it, but there are time when YOU should reject a prospect--they're just too much headache. These prospects are the feet dragging, penny-pinching, malcontents that complain about your program before you explain it to them, seem to get irritated by the minute details of what you are saying, and then ask "How long before I start making $50,000 a month?" These are not the type of people you want to work with, and in the end you will be much happier when you don't have to waste time with someone who wants you to drag them toward success. You'll make more money without them in your organization.

5. If you find something that works, stick with it. Too often I find new business owners that want to "reinvent the wheel," as the old cliché says. They go into business with someone who has achieved a high level of success, but won't follow directions when given advice that will earn them income if carried out. It's ridiculous how many people will not follow simple directions. The people who make it the biggest in the home based business industry are those who follow directions the best. And on the flipside: never take advice from someone who is more screwed up than you. It's amazing how many people will chime in with their two cents on how you should build your business or why it's never going to work, or why it's a scam. Let them have their day jobs and their opinions, I'm just happy not to have to make that commute to work anymore.

Regardless of what opportunity you are in, wasting time is truly the scourge of virtually every new and struggling business owner. The fasted route to success is by following in the footsteps of those who have achieved a level of success that you want to achieve, and are willing to instruct you on their methods for building a home based business. All you must do is clean out your ears, be willing to follow directions, ask someone for the answers to the hard questions. But most of all you must respect your time, and respect your teacher's time as if it were your own. When people begin seeking you out for answers you will begin to truly see why your time is so valuable.

Ensuring A Profitable Home Based Business Opportunity

If you would like to be one of many who has found a home based business opportunity and become successful with it, then hard work is going to be needed to achieve this goal. A home business opportunity is quite popular now for various reasons. Some people need a home business to help them supplement the income received from there regular job, while others need the home based business as a way for them to keep busy as they might not have another job.

There are many different and numerous types of home based business opportunity for people to become involved in. They range for medical transcription services, to selling cosmetics and toiletries. Each opportunity is unique and suitable for just the right kind of person. There are a number of people or companies who will try to convince you there home business opportunity is perfect for you, when in fact, it might not be. It is up to you to weed through all of the different opportunities to find one that will make you successful. The question, which now arises, is how to ensure that when you have started your home business opportunity that is a profitable one?

You should be aware that a profitable home based business must first start with the correct home based opportunity. Most people choose a home business opportunity, which is quite popular, and everyone knows about. However, the problem, which arises with this, is, without realizing it, the market has already become saturated with many people selling the same product. In this way, your chances of having a profitable home business will diminish due to over availability of the product. On the other hand, choosing a home business opportunity that no one has ever heard of is too risky if this is your first time working with a home based business opportunity. Just because a product or concept might be new, there is no guarantee that it will sell. Therefore you run the risk of not making a profit at all with your home based business opportunity.

In order to ensure you are on your way with a profitable home based business opportunity, everyone thinking about working at home, should think about the amount of money necessary in starting a business. Each different type of home based business opportunity will require various amounts of time and finance dedicated to the job to make it work. For you business to be profitable, it is necessary to first plan out how much will initially be invested into it. A new startup business can quickly drain a bank account if a business plan is not initially drawn up. Therefore, to ensure you business is a profitable one, spend time budgeting out your much money will be allocated for each aspect of the business, and stick to this business plan without spending carelessly.

When first starting a home based business opportunity, a lot of hours are necessary in order to make the business as profitable as possible. This would initially include time spent away from family and friends growing your business to a stable level. Therefore, to ensure your business is profitable, the hours spent away from loved ones must be factored in.

After considering the amount of money and time which is needed to make your home based business opportunity profitable, the most important advice would be to start marketing your business as much as possible. There are many forms of business marketing available such as word of mouth, business cards, brochures and flyers, or ads in the newspaper. Yet whatever type of marketing you choose to adopt, be consistent with it. With more people becoming aware of your business, and telling their friends about it, the more profitable your business will be.

Home Based Business- 7 Great Reasons to Start Your Own

Are you tired of working for someone else, always working more but never getting paid more? Are you tired of never being able to show up for your child's school events, because you have a boss breathing down your neck?

Millions of Americans are starting their own home-based business. It doesn't matter if you are young or old, have a masters degree or a high school diploma. You can start your own home-based business with very little start up cost. I'm going to give you a few reasons why you should do this.

1. More time with family- This is something we all want. Think about this. You work 9-5. This is eight hours a day spent with your boss and coworkers, not counting the hour it took you to get to work and back home. You arrive home at 6 pm. Your kids are so excited to see you. They want to tell you all about their day at school. You try to listen attentively while you cook dinner. After you have all eaten and maybe watched a television program together, it's time to put the kids to bed. It's now 8:30 pm. You read the kids a short bedtime story. They quietly drift off to sleep. You look at their precious little faces, and your heart aches that you don't get to spend more quality time with your family. Why should you have to give your boss and coworkers the best part of you?

If you're a parent with a traditional 9-5 job, this is probably something you deal with everyday. You go to work day in and day out, spending the best part of the day with your boss and coworkers. You are left with just a few short hours when you get home every evening to spend time with your kids and husband while in between you are trying to cook dinner. This isn't how it should be, but you ask yourself, what else can you do? You are stuck in the daily grind of your job. You still have bills to pay and groceries to buy. Why not think about starting your own home-based business.

You don't have to be worried about quitting your current job to do this. Get on the internet and start looking. You will be overwhelmed at first. A home-based business can offer you the quality time with your family you truly deserve.

2. Flexibility- How many people can honestly say they go to work in their PJ's every morning, take a break whenever they feel like it, and run errands whenever they want to? A home-based business can offer you this kind of flexibility. Most people can't afford to quit their day job to start a new business, but it's ok. Here's where the flexibility part begins to play in.

Most home-based businesses can be started on a part time basis. You may only work your business a few hours a week. It's not the quantity of time, it's the quality of time you put into it that matters. Work your business whenever it fits into your schedule. It may be late after the kids go to bed or it may be early before anyone gets up. You decide!

3.NO Boss- Do You get tired of punching a time clock, someone constantly looking over your shoulder, telling you when and where to take a break? With your own home-based business, you're the captain of the ship. You are the boss. This means you are going to have to be disciplined. No one is going to do it for you. Just because you are at home doesn't mean you can spend 6 hours a day watching your favorite soap opera.

Write down some goals. This will help keep you focused as you grow your new business. Always know your "why". This is very important, as this is the reason you started your new business. When things get tough and you get frustrated, remind yourself of your "why".

4. NO Commuting- How would you like to save the money you spend every week on gas and use it towards a vacation. The average American is spending anywhere between $2.15-$3.00 per gallon of gas. What if you are driving sixty to a hundred miles round trip to work. Look at the money you could be saving in gas alone if you do not have to commute.

Plug in the numbers and see for yourself what kind of savings you could have. Not only are you going to be saving on gas, but the wear and tear on your car. This all adds up quickly.

5. Financial Stability- Do you avoid checking your mail like the plague because your afraid of what is inside. Does your phone ring off the hook because creditors are hounding you? If this sounds like your life, you may want to think about starting your own home based business. Starting your own business can give you that extra income you need to pay off those bills without quitting your current job. Once you get your feet on the ground, if you are willing to give your business 1-3 years for growth, you could surpass your current income while saving in other areas.

Most Americans carry an average of $8-$10,000 worth of credit card debt. Almost anyone can get a credit card these days. Most people should have only one credit card for emergencies. Think about getting one with a small credit line. If you only have a $1,500 credit limit, you can probably handle this. If you have one with a $5-$10,00 credit limit, you can get in over your head before you know it. I say this from experience. The smaller credit balances are better.

Financial freedom is something we all dream about, but for most of us it's not going to happen with our current jobs. The right home-based business has the ability to offer you and your family the financial freedom we all long for.

6. NO Daycare- Wouldn't it be a great feeling each morning to wake up and know your children are going to be with you all day and not some stranger? This is one of the hardest decisions we as parents have to make after having children. Having a home-based business allows you to stay at home with your children full time. You will be the one to hold them when they are sick, see their first steps, and hear their first words.

If you are one of the lucky parents who are fortunate enough to have friends or family who can watch your children when you are at work, great! But most aren't that lucky. You have to rely on daycare to take care of your children when you're at work. You try and tell yourself, ok, these are licensed staff members I am leaving my children with. But the thoughts of leaving them with strangers at all, makes you sick. Maybe your kids cry everyday when you leave them. That makes for a long, guilt-ridden day at work. I say this because I have been there and know what it feels like.

Your kids are going to get sick from time to time, but the odds of them getting sick as often it they are home full time with your are much less than if they are in daycare everyday. This means no calling into work, telling your boss you can't come in because you have a sick child. You will be home with your child to comfort him or her when they are sick, play with them, and take care of them when they are hurt. This is priceless and no one can do it better than you.

7. Tax Advantages- Many people don't realize the tax advantages offered with a home-based business. I definitely do not claim to be a tax expert, but there are many common things that can be deducted depending on what your business is.

Just to mentions a few, advertising, business miles, supplies, business building information, ex. Audiocassettes, DVDs, just to name a few. If you decide to be one of the millions of Americans to start a home-based business, talk with your tax advisor. He or she will be able to give you more information about what deductions are available to you.

Researching An Internet Home Based Business Opportunity

If you are a looking for more ways to earn more, consider an internet home based business. When choosing the right internet home based business, it is important to choose the opportunity that matches the skills you have, in a field that you enjoy. Shifting through the different advertisements and flyers, you will find that there are lots of internet home based business opportunities being promoted, and it might be hard finding the right one. There is also the problem of finding a home based business opportunity, which is legitimate. There are a number of people looking to sell you an "opportunity" which is really a scam. Therefore, all these things must be considered when starting to look for the right internet home based business opportunity.

To choose the right internet home based business, start with the field that you already know something about. For example, if you have experience in the healthcare field, look for opportunities to work from home in the healthcare field. This is actually one of the most important factors for any job - finding something you like and putting all your energy into making it work.

After you have determined the area or field you want to look for your new internet home based business in, the next step would be to actually research the different opportunities available to you as a home worker. Home based business opportunities can be found almost everywhere we look. You can search for your new business opportunity in the newspaper, magazine ad, Internet, posters in your neighborhood, or on the Internet. The Internet is one of the best places to look for home based business opportunities, as it is not limited to your local area, but will have information about opportunities occurring worldwide.

When a list of internet home based business opportunities has been compiled in an area or field you feel comfortable in, spending time comparing and contrasting the advantages and disadvantages of each business opportunity. It is important to really consider every aspect of an internet home based business, before taking the plunge into it. Things to compare and contrast about your different internet home based business opportunities would be criteria such as the amount of time needed to set it up, the amount of money involved in running it, the amount of support given from the parent company, and the length of time estimated before you start achieving a profit.

After all the different advantages and disadvantages have been considered in regards to your internet home based business opportunity, it should be more clear to you, which opportunity will cost the least of your time and money, and be right for your to promote. But it should be cautioned to not rush into any opportunity before carefully considering all the disadvantages attached to it. The worse scenario to occur would be for you to decide midway into your internet home based business, that you are ill-suited for it, after investing so many hours into your new business.

In the end, when researching internet home based business opportunities it cannot be stressed enough how important it is to choose the create opportunity for you. A new internet home based business opportunity can be something that comes "prepackaged". In these types of opportunities, you are more likely to have the support of the company's more senior members. However, some people opt to choose a business opportunity that they have heard about from somewhere else and perfected themselves. In this scenario, less or almost no support is available. Regardless, of which of these options you choose, the bottom line is find an internet home based business opportunity you can enjoy!

Home Based Business Internet Style

The subconscious mind is a very powerful thing. If you have a negative or lazy attitude about you, then you will have no choice but to be negative or lazy. If you mope around and complain then you will achieve nothing. If, on the other hand, you are upbeat and cheerful, then you will generally have a good day and achieve quite a lot. If you dress successfully, people will treat you better than if you dress like a bum. Sad fact I know, but it’s the truth in today’s society.

I found years ago that in a home business you need to put just as much effort into your appearance and your attitude, if not more, as you did when working in secular employment. I’ve had to learn to improve my telephone manner, my enthusiasm on the phone and, by looking at myself in a mirror while speaking, I realized why I couldn't sell anything. I needed a check up from the head up!

With a home based business, if you dress business casual, comb your hair, brush your teeth and smile you will then start to feel like a professional. It’s this feeling that will come across on the phone and the more confidence you have the faster your business will grow.

Working from home should be exciting, after all how many people can say that their daily commute consists of going from their bedroom to across the hall to their home office? Working from home on the Internet should be something you do with pride. I have always been consistent in my actions and conscientiously believe and expect the rewards for my efforts to be granted to me.

You should try and answer emails within 24 hours, minimum. The maximum time frame you would want to wait to respond is 48 hours. To accomplish this you will want to set aside time each day just to respond to emails. Some say three times a day, morning, mid afternoon, and evening is best as it ensures everyone gets a timely response.

There is immense satisfaction in seeing people answer your ads, having people respond to your flyers, having prospects ask about your products & opportunity and respond in a positive way. Having people buy your products and assisting them in starting a home business should give you a great sense that you are helping someone improve their lot in life.

Make sure you are courteous and professional. There are some times you just don’t feel like answering a question that has the answer plainly on your website or in a sales letter, or some question you feel is irrelevant or foolish. The urge to send a fiery response may be there. If you do not feel you can politely and professionally answer, take a break. Come back after you took some time to cool down. Remember, the customer who asked the question may be basing their decision to get involved with you on your answer, so you want to be as thorough and polite as possible when answering. Do not push away a customer or potential customer with a hasty emotional response.

In a home based business your chief aims are to sell your products and teach others to duplicate your success. Out of this can come strong bonds of friendship, as your team develops and your network grows. There is immense satisfaction in running a successful Home Based Business.

Make Money Online - Helpful Advice On How To Start

Many people are looking at the internet as a way of earning an additional part-time or even full-time income. It can be a good idea but with millions of available options, and websites proclaiming to have the answers to questions you have not even thought of, where do you start ? This article will offer you advice that will at least get you started in the right direction.

You are probably reading this article for only a couple of reasons:

1. You do not currently make enough money and need to make more money on a part-time basis without compromising your full-time job. You do not have a lot of time available to make more money.

2. You are not happy in your job or do not like working for a boss. You are looking for an alternative way of earning money, preferably full-time but with something that you can start on a part-time basis. 3. You are already trying to make more money and have tried many different business opportunities but with no or very little success. You realize you need help.

If you can associate with one or more of the above-mentioned reasons for reading this article then please continue reading.

There are millions of people all over the world that do not like what they are doing for a living. Maybe it is the job itself, a rude boss, or not earning enough money to have a decent standard of living. Whatever the reason(s), most people find it very difficult to make a new start.

We are all creatures of habit that dislike change and value safety and security. Starting a business often takes us outside our comfort-zone. We need to build our confidence, not only in ourselves but also in any new opportunity that we are considering.

This can be achieved by:

- Learning as much as possible about any new opportunity.

- Having the possibility of doing it on a part-time basis as a trial to see whether it is any good.

- Spending as little money as possible on any new business opportunity. You don't want to add more stress to your life by spending lots of money (that you can't afford to spend) on things that may not work at all.

Many people consider the Internet as the ideal way of making more money. I agree with them. Problem is that most people actually lose more money on the Internet than make money. There are millions and millions of ecommerce websites on the Internet and it is estimated that at least 95% of these websites are losing money every month!

Why do I like to do business on the Internet?

a. It allows me to have an international business, potentially reaching many millions of people all over the world.

b. Like most people I do not enjoy face-to-face selling. With the Internet there is no need for face-to-face selling. No fear of being rejected by customers or insulted by people having a bad-hair-day.

c. I can make money 24 hours a day. Even while sleeping someone can be buying a product or service on my website.

d. I can run my business from anywhere in the world, as long as I have a computer and access to the Internet.

e. Once my business is setup it basically runs on autopilot. That does not mean I do not need to work on it. It means I do not have to spend eight hours every day working on it. One or two hours should be sufficient.

f. It allows me to have my own business with unlimited earning potential. Whatever I put in I can get out. The sky is the limit and I am not working to make my boss or company rich.

Fact of the matter is that it is becoming more and more difficult to ignore the massive ecommerce potential of the Internet. Whether you are selling products or services online or have any other type of business, you need the Internet to promote your business as more and more consumers are doing online searches to find what they are looking for. Does not matter if you are a plumber or an electrician, you will need the Internet more and more in the future to promote your business.

O.K. We have established that the Internet offers us a huge potential to make more money, part-time or full-time. We have also established that most people are not actually making any money from the Internet.

Where do we start?

We start by learning as much as possible at our own pace without forcing anything. Remember that knowledge is power!

I recommend that before you do anything on the Internet that you join a suitable company as an affiliate or join a network marketing company. The point is not whether you want to pursue a

long-term career as an affiliate. The important point is that you can join most affiliate programs for free and receive very valuable information and training for free. In addition, you can actually make a lot of money while learning! This, in my opinion, is the best, safest and easiest way to start.

Many companies that offer affiliate programs do their best to offer their affiliates as much training and support as possible. Why? It is in their best interest. The better advice, training and support they give you the more money you will make for them.

Remember that as an affiliate you do not need to buy or sell anything. You only need to get people to promote the company you are an affiliate of. All sales resulting in your referral will earn you a very nice commission, normally anything between 20% and 50% of the sales price. That is not bad at all! Many companies will even give you a free affiliate website that you can promote.

What is the catch?

The catch is that it is not always easy to promote a certain product or service. People do not automatically visit your affiliate website. This is where the training comes in. If you can succeed as an affiliate for a company you can succeed with your own Internet business in the future. There will be no need to pay expensive school fees.

To your success !

Start Your Own Online Home Business With A Money Making Site

In the past I have fallen for the hype and wasted a lot of money because I really did not know what I was doing or did not have the experience and knowledge to put everything together to make an online home business work, so here are some tips to start your own online home business off on the right foot and how to make money online.

When you think about it, having a successful online business means that you will need to own your own domain, which will enable you to alter, add to and change your web site when necessary. You ideally need the opportunity of offering a free newsletter that visitors to your site can subscribe to, so you will require an autoresponder to be installed and a series of follow-up emails will need to be written. You will require products to sell and ideally you need to use companies who ship the goods on your behalf, otherwise you will need to get involved in accepting payments and shipping the goods, which you will have had to purchase first yourself. These are only a few of the basics and one can see that it can be very involved and complicated.

But let us look at what else may be required, just so that you are fully aware of what starting an online home business is all about. Owning your own domain and having access to your source code gives you the freedom to do what you like to your site, which means you have control of your business, but this will require knowledge of html. Internet Marketing is another animal altogether! You need visitors, lots of them, to your site to generate signups and sales, so ideally the online home business opportunity should offer a full training program and a forum where you can go to discuss your business, get assistance and ultimately you can offer help to others.

The ultimate of course is to find a business-in-a-box. This means that your website will come fully set up with the affiliate programs loaded and you will be able to select your own domain name and then be in a position to add any other programs to the site. The all important autoresponder should also be installed and ready to fire off emails to your subscribers, plus you will be able to add more follow-ups to your autoresponder.

You will be able to install a link exchange program to create linking partnerships, a stat counter, add banners or text links, change the colour and design of your site, choose your keywords and optimize your site for the search engines, link your blog to your site, add an article directory, stream fresh content onto your site, upload ebooks, software and more. Literally, you can do whatever you want as you have full control of your own online home business.

You may well be thinking that this is all too complicated and you do not have the knowledge, but that is the great advantage of joining an online program that sets your money making site up for you and with a comprehensive training program in place and an active forum which you can join and actively participate in, you will have all the help you need.

Starting an online home business does not mean that you are going to be generating an income immediately. You need to give yourself time to work through the training, learn and implement all that you can. It is a step-by-step process that takes time but each step you take builds your business. The marketing and advertising of a web site needs consistent, ongoing work, as you need to build momentum to ensure that your money making site is visible to as many people as possible.

If you have decided to start your own online home business you are in for an exciting time. You will experience frustrations and setbacks, but these can be overcome with the support and backup. The secret is just to press on and never quit. Remember, Rome was not built in a day. The learning curve may be steep, but work hard and have fun and once the momentum kicks in with your marketing and advertising you will start to make money online and reap the rewards of all the hard work you have put in.

Futures Versus Forex (Foreign Exchange Market)

Todays current futures market is quite unlike the futures of the 19th century. Todays future market is a worldwide one that includes manufactured goods, financial currencies and treasury bonds, and agricultural products.

When you speculate on futures it is not the actual good that is speculated upon rather it is the contract for the goods that is traded as value. Every futures contract includes a buyer and a seller. The following is an example of a futures speculation: A farmer agrees to deliver 1000 bushels of corn to a baker at a price of $5.00 a bushel. If the daily price of corn futures falls to $4.00 a bushel, the farmer's account is credited with $1000 ($5.00 - $4.00 X 1000 bushels) and the baker's account is debited by the same amount. Futures accounts are settled every day.

Using the above as an example this is how the contract settlement would play out: If the price of corn futures is still at $4.00 the farmer will have made $1000 on the futures contract and the baker will have lost an equal amount. However, the baker can now purchase corn on the open market at $4.00 a bushel - $1000 less than the original contract, so the amount he lost on the futures contract is made up by the cheaper cost of corn. Also, the farmer must sell his corn on the open market for $4.00 a bushel, less than what he anticipated when entering the futures contract, but the profit generated by the futures contract makes up the difference.

Speculators profit by daily fluctuations in the futures market by choosing to buy from the seller (buying short) or from the buyer (buying long).

The FOREX market has advantages over the futures market. FOREX is the largest financial market in the world. It is a liquid market and stop orders can be executed more easily and with less slippage than in other markets. The FOREX market is open 5 days a week, 24 hours a day. Traders can take advantages of opportunities as they become available. FOREX transactions are usually instantly executed. FOREX transactions are commission free. Brokers earn money on the spread.

Some investors feel that due to built in safeguards that FOREX trading is safer than futures trading.

Forex Trading Guide

Like many people I am sure you are interested to know more about Forex trading. To put it bluntly Forex trading can be either one the best ways to make or lose LOTS of money. Only those who take the Forex market seriously will be able to make money with it in the long term.

The Forex trading market is beyond a doubt the world’s largest market where all exchanges happen instantaneously. Thus, trades are a key challenge for even the most knowledgeable Forex bankers and traders. They have to learn and consider many factors before performing even a single trade.

At first when currencies began to be traded openly, only large banks were allowed to perform trades. These days, due to the advent of internet trading and margin accounts almost anybody can begin Forex trading. This in turn, has added to the liquidity of the Forex market, and has resulted in a huge increase in the number of individuals who are now active in the market.

So, does this mean it is easy to earn money through Forex trading? To answer this we must consider a few things.

Some data by Forex brokers seems to suggest that 90 percent of traders end up of losing their capital, 5 percent of traders have been able to break even and only 5 percent of them attain steady beneficial results. Thus, it seems that trading successfully is no simple task.

However, if you can learn to be among the 5 percent who make consistent money you can do extremely well by using Forex trading. To help you in this end I have listed five key ways to improve your odds dramatically of making money in the Forex market.

1. Education

Successful traders are knowledgeable about the Forex market. They have chosen to educate themselves about every single vital detail of Forex trading. The best traders know that every trade that they perform is an opportunity to learn something new.

2. Forex Trading System

All of the profitable traders have a Forex trading system or strategy. Furthermore, they have the will power to stick strictly to that system, because the best traders know that by sticking with their system they stand a far greater chance of earning money.

3. Price Behavior

Knowledgeable and successful traders also include price behavior in their systems. They have learned that prices can change quickly and suddenly but are prepared to deal with those situations when they arrive.

4. Trading Psychology

First-rate traders are aware of psychological issues that affect the choices of other traders make when Forex trading. They know that people do not always act rationally, and as a result this can alter the expected outcome of a trade. This can help them both when deciding to enter into a trade or when to exit.

5. Money Management

This is far and away the most important factor that will determine whether or not you become a successful trader. Averting the hazard of financial ruin is the main concern of all top traders. This means both adequately funding your trading account (only with money you can afford to live without of course) and never entering into trades that can potentially wipe out all of your assets. Better to start trading small and always use stop-loss orders to guarantee that your first trades are not also your last.

This is by no means an exhaustive list of everything you need to know but it outlines some of the areas you need to consider before making even that first trade. Now you know that it is not easy to earn money in the Forex market, however it is achievable.

However, success does not happen overnight and anyone promising you that it can is trying to sell you snake oil. It is an ongoing processes not something you pick up in a weekend. Trading success depends on the trader, and how hard you are willing to work to achieve your Forex trading goals.

Also, remember to try to have some fun. The clearest sign that Forex trading is not for you is if you find the prospect of learning about how the Forex market works boring or dull. If this is the case you won’t stick with it long enough to make money and you will be among the 90 percent who fail. Just remember these three important things: be disciplined in your trading habits, manager your money wisely and enjoy the experience of Forex trading.

You Never Know What You Will Benefit From In Forex Forecasts

Possible risks and profits to be made can always be predicted if traders would only have more accurate forex forecast to base their trade and decisions upon. Forex forecasts are only one way of keeping up with the volatile forex market. Success will depend the most in knowing what and who will affect the rate changes.

The forex market has already been through a lot of ups and downs that even fortune tellers would have difficulty guessing what will be its next movement. Making a forex forecast can be helpful but can also be too risky. Besides, doing it is not that easy also.

In forex forecasts, nothing specific is given. The traders are not made to hope high and expect more. If you have seen or heard a forex forecast, be sure to check on some projected rate fluctuations whenever and wherever possible so you would have an idea it the forex forecast shows a likely possibility to be tru or not.

Staying in touch and up-to-date with the latest news and happenings around the globe and information about the forex currency can help traders determine when is the best time to buy, sell and stay away from a particular market. All these things are important in the performance of your trade. Take note of some forex forecasts if only to serve as guide whenever you are in a situation that you find hard to make a decision upon.

How can one benefit from forex forecasts?

There are some companies that are offering forex forecast information as a subscription that traders can avail of. For those who do not have enough patience and browse for information in the internet, this forex forecast information would be their alternative.

No one said that there is a 100% accuracy in these forex forecasts. And no one told traders that they should also believe them 100%. If you want to have more degree of accuracy in the forex forecast, you could always find one with the most accurate percentage rate.

You could look for something or someone that offers free information or a trail period for you to test the degree of their ability to give accurate forecast about the forex market. There are also some sites that send out forex forecast to emails that you may want to try out just so you will choice to choose from if you decide to avail the services of some of them.

Relying only on one forex forecast is not the thing to do. You should at least have some more choices in the process of making an investment decision. Try to get more forex forecast from sources that are rampant online and offline so you would not stick to just one.

The thing to remember is that your investments are your future and you have already worked too hard to just let it all down the drain. Do not put the future of your forex trade into the hands of only person. Try to get several forex forecast and choose the best one that you think has great ounces of accuracy up their sleeves.

Before putting the future of your investments into the hands of those offering forex forecasts, make it a point to check out the latest that is happening in the forex trading and see if the trend is likely to go with what the predictions are telling about.

If you think more about it, people doing forex forecasts would not be out there giving bad frecasts because their reputation is the one at stake there. They surely would not want to ruin the image they have by giving false predictions about things that they know people will listen to, would they?

Like they say, traders should not believe all that is written in forex forecasts. Some but not all. There are still decisions to be made that will be based upon the trader itself and no amount or accuracy of forex forecasts can make that decision for them.

Just to be on the right side of things, always make sure and do your own research that will back up the forex forecast you actually think is going to work. You never know what it will lead to…

Getting Your Online Money Making Business Started

For the absolute novice the foray into creating a money making online business can be quite daunting. Most don't know where to start let alone know what to do or how to do it. The one common theme, no matter what their circumstance, is "I want to make money!"

The key to having an online money making business is a change of mindset from employee to business owner or entrepreneur.

The employee clocks in every day, does the required tasks, clocks out again and spends their pay check; sometimes years in advance if they have accumulated credit debt.

The business owner however takes a wider view. He or she has a business plan, sets goals and initiates strategies to achieve them. The business owner forecasts their income in advance.

One of the first things to do, to avoid information overload, is to sit down with pencil and paper and plan your business.

Begin by defining what sort of business you want:

1. Physical products

This could be based on something as simple as your favourite craft or hobby. My teenage daughter, for example, loves making her own jewellery; so much so that our home is literally littered with her "creations". Therefore I built a website for her to sell it.

2. Electronic Products

If "making" a physical product to sell seems like too much work, how about creating a "How To" ebook about all you know on your favourite hobby, craft or area of expertise. Electronic products are very popular with those who want information but don't have the time to do all the research. Gather all your knowledge up in one package and sell your efforts again and again and again.

3. Affiliate Program Products

If you are really stuck for an idea of a product to sell, affiliate marketing is a good place to start. Affiliate marketing is selling someone else's product for a percentage of the sale. The secret to this kind of business is find products that you really love; it will be easier to succeed if your heart and soul is in your business.

There's no reason why you can't do all three - eventually - but for a start choose just one. Once you have decided, plan out ways to implement this new business. Break the plan into smaller, easy to achieve tasks. For each stage of implementing your money making business work on bite size pieces.

For example: "I need a website" can be refined into:

- Registering a Domain Name
- Find a web host
- Find an Auto-responder service
- Find a web designer or for the do-it-your-selfer, lessons on website building
- Find a payment processor

A certain amount of single-mindedness is required as it is easy to become distracted. You might find ideas popping into your head as you are working away. Great! Write them down in your ideas vault and get back to business. They can always be developed later when you have finished the task at hand

All good business owners work within time-frames. Use this to measure your effectiveness and productivity. Schedule time for your tasks, set a completion date, review your progress, and then adapt to make improvements.

While overseeing your business as a whole and focusing on the tasks required, your online money making business will take form and you'll find you will make money.

Forex Trading Guide- How to deal with Forex Trading

Buying and selling of different currencies of the world is known as forex trading. Forex or foreign exchange market is the largest trading market in the world. Forex trading market deals with more than US$2 trillion everyday. It has become favorite option for currency traders. Foreign exchange market is extremely different from stock exchange market. Currency trading is always done in pairs like USD/EUR or USD/GBP etc. Forex trading market works 24 hours a day.

Several investors and traders are joining forex trading every day. First time investors should keep in mind that forex trading works on certain principles. They should remember that it is an investment not an income. Currency can fluctuate at any time so right time investment is the best investment in forex trading. You should have another source of income while dealing in forex trading. If you are a first time investor don’t believe in demo trading because it can be dangerous in long run. After getting all information about broker’s system you can start forex trading with small amounts. You should always invest that amount for which you can bear profit or loss.

Sometimes forex trading is a risky business but the trader can reduce the risk by following best trading strategy. Trader should know the right time to enter and exit the market. Forex trading is an easy and simple trading business. You can do forex trading while sitting in your home. It requires a PC with Internet connection and a bit of time. You can perform all the transactions online with a small fee and the best thing of forex trading is that you don’t have to pay large amounts to professional. Forex trading market offers a large number of online options for currency trading. Before joining it you’ve to search for the best option to achieve your goals.

Beginners can use forex trading software programs to track and analyze market conditions. These programs will help you in finding the best investment opportunities. Forex trading software enables you to make right decisions about investments. Beginners shouldn’t try to predict the forex trading markets because currency fluctuation may occur anytime. You can handle forex trading by using trading system and money management strategy.

Don’t be emotional in forex trading. You should behave like a businessman that can efficiently test the market data. Testing system and best money management strategy lets you to invest your capital in the best way. While paying minor attention to the ups and downs of the forex trading market you can easily maximize your profits. You can make profitable trades by focusing on the hours when market generally makes their biggest moves.

With some research, a lot of skill and a bit of luck you can enjoy forex-trading market completely. You’ve to be smart at the time of making choices and taking risks. The trading process is so simple and can be done with a small amount. You don’t have to wait for the opening and closing of stock market because it works for twenty-four hours. Several trading companies are providing free information online. You can search for required information before making any decisions. Some companies also offer free trail periods; you can also check it out.