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11/18/09

Forex Pips

Do you remember the first time someone said anything about pips? If you were like me you said what are pips? They might have said it is a unit of measure for when the currency goes up or down. Or you might have heard it is the same as a point in the stock market. Well the official terminology for a forex pip is Price Interest Point.

Each currency pair has its own dollar value depending whether it is the base currency pair or the cross currency pair. The price can range between 50 cents up to about $2.00 at times depending on the currency you are talking about. The prices will change as the value of the price of the currencies in the pair go up and down.

If you want to make more profit per pip moved you just need to add the number of lots you trade. Example: If the value of a pip is $1.00 and you trade one lot the value of the trade goes up and down by $1.00 for every pip moved. If you trade with 3 lots the value you receive or lose from each pip of movement is $3.00.

We feel that going for pips in the beginning is more important than dollars. From the above example you can see that if you get enough pips then it is easy to get more money by just adding to the number of lots you trade with. By thinking in pips rather than money, the emotions a trader feels when trading real money is dampened.

Forex Pip Calculator

Many brokers have what they call pip calculators. When you go to their site you can plug in the numbers and currency pair you are working with and get the dollar value of each pip. You will notice that the pairs that end in the same cross currency pair will have the same pip value. When you place a trade whether it is a buy or a sell you will see that the trade is at a loss as soon as you place it. This is called the spread. The spread can range between 2 and 12 pips depending on the currency and the brokerage you are using.

Hope this helps you keep your pips and lots straight.

Read more...

Start Out Small, Gain Experience

When you are just starting out, be a small trader. Even if you have a lot of risk capital you should start out with a mini account. At this time you need to learn the industry and it’s terminology, the way your brokers does things, the way the platform works, how to use some indicators, how to control your emotions, how to manage your money, how to handle losses, how to handle winning trades, etc. If you need help starting out with a good strategy, I would highly recommend the free online forex trading course called “JumpStart”, which can help you consistently make 25-30 pips a day.

If you open an account with $250 or $2500 or more then you should only trade no more than 10% of your account at any one time. On a $250 account you should not trade any more than10% of your account at any time or $25. That equals out to 0.5 lots. Yes that is only about 50 cents per pip but you will be around to trade another day while you are learning. You could do 0.2, 0.2, 0.1 lots on three different trades for your 0.5 lots.

Look at it this way: 0.2 lots on 20 pips is about $4.00, if you do that for 20 days your account is up to $330, up by $80. This is a about a 32% increase for the month. If you do the 0.5 lots making 20 pips a day then you are up by $200 for a total amount of $450. This is about a 80% return for one month. I am not saying you will be able to do this in the beginning. I am saying you need to start out small while your are learning the forex market. The money is there if you are around long enough to get it. It is not a sprint, it is more like a marathon. You must think long-term.

You can be in a mini account for a long time and still make money. Use this time to analyze your good and bad trades. Many times you will learn more from your bad trades.

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FOREX CONTEST STARTS TODAY!

Based on a survey we hold of all members who sign up for Jump Start we discovered that one of the things people want are contests for forex gear. Well…. We Listened and are announcing another forex contest!!!! This time we found a partner to help sponsor the contest, Traders Accounting!

The Prize: Tax Secrets for Traders!- The Forex Series —“The Interactive CD That Can Save You Thousands Of Dollars In Unnecessary Taxes”


With tax season coming up we thought this interactive CD could benefit some of our USA forex traders. Don’t despair though if you are outside the USA we have a Launch Pad coupon option for you. This CD is well worth your time and we are excited to partner with Traders Accounting to offer it.
Here is more information on the CD: http://www.tradersaccounting.com/forex




How to Enter:

There are 2 ways to enter:
1- Submit Your Pips for the 1 million pip challenge (http://www.forexstrategysecrets.com/million-pips) See below

OR

2- Sign-Up for Jump Start! (http://www.forexstrategysecrets.com/jumpstart.html)

To submit with the first option all you have to do is send the following 3 things To pipcount@forexstrategysecrets.com :
1- Number of pips you made
2- The strategy or system you used
3- Whether you used a live or demo account

OR to submit with the second option simply go to www.forexstrategysecrets.com/jumpstart.html fill in your information and hit ‘Show Me The Videos’

FOR OUR MEMBERS OUTSIDE THE USA: You can enter using any of the above methods and instead of winning the Traders Accounting CD on USA taxes you will receive a coupon that will give you $89.95 off the price of Launch Pad. Simply specify in your email that you would like this coupon option.




The Rules:

1.You have 8 days to enter this blog giveaway, (the contest closes midnight PST on Wednesday, March 18th, 2009)
2. One entry per person.
3. The winner will be randomly selected using random.org and announced in a new post on Thursday, March 19th
4. All numbers of pips sent must be an accurate and true number of pips earned. If any participant is caught submitting false numbers they will be banned from this and all future contests.

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The Secret of Building a Highly Profitable Trading Account

Have you ever stopped to think why the trading techniques that work for the world’s best trading gurus aren’t working for you? Why can they achieve substantial gains while you’re left in the dust?

What do they know that you don’t?

In reality, they know a lot of things that you probably don’t. Let me let you in on a little secret—you don’t need to know everything they know. There is one characteristic that every highly successful trader in the world has, and if you learn to master this one detail and integrate it into your trading, it will be enough to create more profitable trades than 1,000 hours of looking and studying charts.

Are you ready for this? If you have failed to create a high-profit trading account until this point, I can all but guarantee that your trading is failing in one crucial area – you are not following a trading system you have learned, and trust. A good trading system would show you why you should be trading in the direction of the trend on the 4-hour chart, or that perhaps you are trading in time frames that are too small (1-5 min).

Trading with the trend puts the odds in your favor and makes it easier to read and follow your indicators and your entry and exit signals. If you fail to follow the trend you will never have a consistently high profitable trading account. You will waste hundreds of hours looking at charts and wonder why you never reach the profit levels you dream of.

Disagree? Consider these simple examples:

Example 1 – Johnny makes 50 trades on the one and five minute charts and never looks at the direction of the trend. He is trying to trade the news, listen to other traders, guess which way the market will move, and by how much. He lets a little move in the opposite direction grow into a big loss because he does not know which way the market is moving and does not set a stop loss because he thinks that it will come back. He closes a profitable trade when he has a little profit because he is not giving the market enough room to breath, and does not know which way the trend is going. He is hoping for the homerun, but he will never hit a homerun if he is always bunting (trading in the 1 and 5 minute time frames). He will have 25 wins and 25 losses and wonders why his account stays the same or dips a little.

Example 2 – Jane makes 20 trades on the thirty minute, one hour, and four hour charts only taking trades in the direction of the trend. She does not let the news and other traders influence her trading. If the market moves against her she has her stop loss places and knows how much she will lose on each trade. If she gets taken out at a loss it is always a small loss. She always lets the market breath and move freely without closing a profitable trade because of a little fluctuation in the market. She is not looking for a homerun. She is just looking for the market to tell her when it is time to close her trades. Jane is happy to take what the market is willing to give her at that time. She does hit a homerun now and then with little effort and emotion. Of the 20 trades, she will have 15-18 of them be successful, causing her account to grow steadily.

Why You Can Do Even Better Than Jane

The example of Jane assumes that she never increases the number of lots she trades or adds on to a winning trade as her account grows. If she is trading with 1% of her account at the beginning of a trade and then adds on to the trade as it goes in her direction, when she gets add on signals then she will multiply 3 – 5 times the profit on her account on a good trade.
Even if Johnny works twice as hard and places twice as many trades, he won’t be able to catch up. Jane will soon be getting more profits and compounding the growth each day. Why won’t Johnny be able to keep up or even catch up? Because Jane has been compounding her profits by trading with the trend and adding on to her profitable trades. When she loses, it is small; when she wins, it is big because she has been working the trade. Can Johnny realistically trade enough to keep up with Jane?

In order for you to become a consistently profitable trader you will need to trade with the trend, trade with the trend, trade with the trend.

5 Suggestions You Must Follow To Become a Profitable Trader

1. Trade in the direction of the trend

I had heard “trade in the direction of the trend” or “The trend is your friend” for years but didn’t quite get it. Then I read an article a few years ago, and it changed the way I look at charts and the market. In the article it stated that you should always trade in the direction of the trend of the four-hour chart. That seemed so long to wait for a trade. I was trying to make trades on the 1, 5, and sometimes 15-minute charts. Then I realized that I could still trade on the smaller time frames but only make trades in the direction of the four-hour chart. When I did this even if the trade went against me it seemed to always come back in my favor. This way I stopped hoping it would come back in my favor because I knew the odds were in my favor that it would come back for me.

I have also traded the 4-hour time frame successfully. This way I do not have to be in front of the computer as much and I have been making more money with less work. Try doing this on a demo account and see how it works for you.

2. Start small with each trade

When you place that first trade on a trend it can be scary. At this point in the trend you are not sure if this is a real trend or just a channel or retracement. Enter the market small, risking just a few lots until the trend confirms itself. Then you can add on to maximize the profitability of the trend.

Add to each trade when it starts to trend. We like to start out small with one lot when the trend is in question then add more lots as the trend proves itself. The add on positions are less risky than the first positions in a trend. The more the trend proves itself, the less risky it becomes. There are several add on signals in most trends, so why not add on multiple lots when the trade is headed in a direction, and then close all the positions when the trend comes to an end or when you have good exit signals? This way you can increase your profits on a trade by 3 to 5 times that of scaling out. Of the entry methods we have discussed you have two choices: start big and scale out or start small and add on.

I have heard many people say when you make a trade, you should scale out of the trade closing a portion of the trade as the trade starts to get more profitable. They usually start out with several lots. I thought this was strange to close a profitable trade when the trend was just starting to move. Also why put on several lots and expose yourself to more risk when you are not sure if this is a trend or not? I have come to the conclusion that the people who suggest a larger first position with scaling out of the trade is because they do not have any better exit signals than to just take a little profit as the trade progresses.

If you do not have a trading system that gives you exact exit signals and good add on signals then you could become a better trader if you found a system that would help you with this.

3. Trade with a stop loss

Trading with a stop loss is one of the most important parts of the trade. It falls under the category of money management. This is more important than the entry and exit points of a trade. The first loss is always the smallest and that is usually at the stop loss.

When you trade with stop losses, you have a much greater chance of being in the trading game longer than if you do not trade with a stop. On a trade system advertisement the instructor was saying he puts on his stop loss and his target take profit and goes and does something. He said he would have a profit or a loss. Most of the time he had a profit because he gave the market room to breathe. If he was stopped out, then the market usually was making a turn and changed direction. So he was stopped out at the smallest loss. Then, he would look to get back in the market the way the market wanted to go.

Successful traders have all lost money from time to time. They know this is part of the game. You just need to learn to manage the wins and losses.

4. Trust your indicators

One of the first things you should do as a trader is to become good at using some indicators of your choice, and then trust them. Your indicators will serve you well.

No indicator or even a set of indicators will be right all the time. But you need to trust them and use your stops for the complete trading program.

Most indicators have certain signals that are always right. If this is true, then why not wait for the ideal signals to present themselves and have more successful trades? You will make more money waiting for the signals to come to you rather than chasing trades and jumping in at every anticipated or hoped for signal. There will be a signal and a trigger entry point. Most mistakes are made when the trade is entered on the signal and not on the trigger entry point. DO NOT anticipate an entry signal; wait for it to come to you. The market will tell you when it is going to give you some money, usually through your indicators.

5. Follow your rules

Every trading strategy has some trading rules to follow. Every game has a set of instructions to follow to be able to win.

This is one time GUYS, that you should study the instructions and trading rules before you start to trade. There are a couple of reasons for this. One: you will not develop bad habits you have to break. Two: you will develop the habit of studying the markets, which is what you will have to do the rest of your trading career.

By learning the rules and following them you will then be able to develop a good trading plan. The trading plan is usually your way of trading the market, the way you will enter, exit, study and read the market. It will tell you the time you will trade and how much of your account you will trade. It will also show you how much of a draw down you will take and how you are going to handle your emotions.

The market does not care if you win or lose your money. The market does not have emotions. But the market will tell you what it is going to do if you will follow the rules of your trading system. Trading the Forex market is not a race with yourself or anyone else; it is an individual effort to develop your skills to be able to trade well.

LEARN THE RULES, TRADE THE MARKET, AND BE PROFITABLE.

My Overall Thoughts on Building a Highly-Profitable Trading Account
I think that quite a few of us want to be profitable traders without taking the time to become a good trader. The secret is learning and practicing a good trading strategy, being determined to follow the rules, and stick with it until you succeed.

If you trade with the trend and follow your trading strategy rules, profits are inevitable. Ask yourself if you’re willing to study and learn one strategy well rather than run with every new thing that comes along. If you’re not willing to take the time to study, practice, and follow the rules of a system, it will be really hard to become a profitable trader. If you are, you will have a very profitable account someday. That’s when you’ll know that you have made your dream come true.

Read more...

The greatest bargain: How to make $ 20 billion

Even when the financial system collapsed in the past year, and millions of investors lost billions of dollars, a "neinvestor" received a historical earnings, his name is John Paulson (John Paulson), it is hedge fund manager in New York.

His firm earned $ 20 billion between 2007 and early 2009, playing against the real estate market and big financial companies. Personal income Paulson make almost $ 4 billion, or more than $ 10 million a day. This is more than the income JK Rowling, Oprah Uinnfri and Tiger Woods combined for the year 2007.

How did he do it? Believing that the approaching collapse of the real estate market, Paulson has spent about $ 1 billion in 2006 to purchase insurance from the fact that he had already identified as high-risk mortgage investments. When the real estate market and mortgages collapsed, the cost of insurance Paulson rocketed. In that year one of his funds grew by 500%. Then, in 2008, he opened a short position on the financial assets of companies or put on the fact that they will fall in price, earning again, when the prices of these companies collapsed.

Is there in this case, some investment skills that can learn to investors, based on the stories of his success? Yes. Of course, no guarantees, but the success of Paulson and several other former unsuccessful investors gives support to people who are trying to compete with the pros on Wall Street.

Below are 8 tips on investment of $ 20 billion Paulson's game, which is the greatest example in financial history:

1. Do not rely on the experts
Many investors lost heavily in 2007 and 2008 on housing construction and collapse of the stock market. But no one lost more than commercial and investment banks, caught in the trap of toxic mortgage securities. These bankers were the ones who have created such investments, and the best analysts on Wall Street vouch for their reliability, just when Paulson and others set against the investment.

Lesson: When Wall Street puts its' latest product is a win-win "- be skeptical.

2. Problems bubbles
Some academics argue that financial markets become more efficient. But the rapid growth of financial bubbles in recent years, including real estate, technology and Asian currencies, confirm that is just hard to navigate, and markets are increasingly inclined to exaggeration. Today, investors of any gauges read the same article, watch the same TV business programs and see this same tips. They invariably take a course on the output simultaneously.

Lesson: Have an exit strategy and cash to cushion any fall.

3. Focus on the debt market
Most investors track the ups and downs of the stock market, but have a vague idea of the movement in the debt market. Is a mistake. Early signs of trouble were seen in markets with high levels of competition that are not in the center of attention, such as the subprime mortgage market bonds. These problems eventually led to collapse the housing market, stock markets and the economy as a whole, that Paulson and his team christened as the "domino principle".

Lesson: Debt markets can play a generally larger role in predicting problems than the stock markets.

4. Development of new investment
Paulson has earned a huge profit on the purchase of credit default swaps (CDS), derivative investments that are insured debt. When the risky mortgage bonds fell in price, insurance Paulson rocketed. However, many experts were confused by the CDS contracts or shied away from the relatively new investments for themselves. Paulson and his team had no experience with CDS contracts, but they spent some time studying them.

Lesson: Learn a variety of trading instruments, some of them can play a valuable role in the portfolio.

5. Insurance premiums
Number of investors worried about an explosion in the housing market, but few do something, even though such CDS contracts at that time sold at extremely low prices. Investing in stock options "not in the money" pays off only when the market falls, at the time they also traded at reasonable levels. Since this insurance was very cheap - many professionals ignore it.

Lesson: Do not underestimate the importance of insurance, such as a put option.

6. The value of experience
Some of the biggest winners during the crisis were middle-aged investors, who was fired for past services. But they have encountered with past market downturns, and some bankers and analysts were caught off guard, because they knew only the good times.

Lesson: A historical perspective can be a valuable tool.

7. Do not forget
In early 2009 Mr. Paulson has become more inclined to bullish trend on the banks and financial companies, against which he set in 2008, as the latter improved their balance sheets. These steps led to profits this year.

Lesson: Even the most successful trade can not last forever.

8. Luck helps
In early 2006, Mr. Paulson decided that the real estate market problems and intended to profit from the coming fall. But some real estate experts have already decided that it was overvalued, while others set against the real estate market, but have not been able to fix their losses. Just months after the historic trade Paulson, real estate prices in the United States again began to fall.

Lesson: Do not get too many chances in one transaction, even if it seems right thing.

Read more...

The greatest bargain: How to make $ 20 billion

Even when the financial system collapsed in the past year, and millions of investors lost billions of dollars, a "neinvestor" received a historical earnings, his name is John Paulson (John Paulson), it is hedge fund manager in New York.

His firm earned $ 20 billion between 2007 and early 2009, playing against the real estate market and big financial companies. Personal income Paulson make almost $ 4 billion, or more than $ 10 million a day. This is more than the income JK Rowling, Oprah Uinnfri and Tiger Woods combined for the year 2007.

How did he do it? Believing that the approaching collapse of the real estate market, Paulson has spent about $ 1 billion in 2006 to purchase insurance from the fact that he had already identified as high-risk mortgage investments. When the real estate market and mortgages collapsed, the cost of insurance Paulson rocketed. In that year one of his funds grew by 500%. Then, in 2008, he opened a short position on the financial assets of companies or put on the fact that they will fall in price, earning again, when the prices of these companies collapsed.

Is there in this case, some investment skills that can learn to investors, based on the stories of his success? Yes. Of course, no guarantees, but the success of Paulson and several other former unsuccessful investors gives support to people who are trying to compete with the pros on Wall Street.

Below are 8 tips on investment of $ 20 billion Paulson's game, which is the greatest example in financial history:

1. Do not rely on the experts
Many investors lost heavily in 2007 and 2008 on housing construction and collapse of the stock market. But no one lost more than commercial and investment banks, caught in the trap of toxic mortgage securities. These bankers were the ones who have created such investments, and the best analysts on Wall Street vouch for their reliability, just when Paulson and others set against the investment.

Lesson: When Wall Street puts its' latest product is a win-win "- be skeptical.

2. Problems bubbles
Some academics argue that financial markets become more efficient. But the rapid growth of financial bubbles in recent years, including real estate, technology and Asian currencies, confirm that is just hard to navigate, and markets are increasingly inclined to exaggeration. Today, investors of any gauges read the same article, watch the same TV business programs and see this same tips. They invariably take a course on the output simultaneously.

Lesson: Have an exit strategy and cash to cushion any fall.

3. Focus on the debt market
Most investors track the ups and downs of the stock market, but have a vague idea of the movement in the debt market. Is a mistake. Early signs of trouble were seen in markets with high levels of competition that are not in the center of attention, such as the subprime mortgage market bonds. These problems eventually led to collapse the housing market, stock markets and the economy as a whole, that Paulson and his team christened as the "domino principle".

Lesson: Debt markets can play a generally larger role in predicting problems than the stock markets.

4. Development of new investment
Paulson has earned a huge profit on the purchase of credit default swaps (CDS), derivative investments that are insured debt. When the risky mortgage bonds fell in price, insurance Paulson rocketed. However, many experts were confused by the CDS contracts or shied away from the relatively new investments for themselves. Paulson and his team had no experience with CDS contracts, but they spent some time studying them.

Lesson: Learn a variety of trading instruments, some of them can play a valuable role in the portfolio.

5. Insurance premiums
Number of investors worried about an explosion in the housing market, but few do something, even though such CDS contracts at that time sold at extremely low prices. Investing in stock options "not in the money" pays off only when the market falls, at the time they also traded at reasonable levels. Since this insurance was very cheap - many professionals ignore it.

Lesson: Do not underestimate the importance of insurance, such as a put option.

6. The value of experience
Some of the biggest winners during the crisis were middle-aged investors, who was fired for past services. But they have encountered with past market downturns, and some bankers and analysts were caught off guard, because they knew only the good times.

Lesson: A historical perspective can be a valuable tool.

7. Do not forget
In early 2009 Mr. Paulson has become more inclined to bullish trend on the banks and financial companies, against which he set in 2008, as the latter improved their balance sheets. These steps led to profits this year.

Lesson: Even the most successful trade can not last forever.

8. Luck helps
In early 2006, Mr. Paulson decided that the real estate market problems and intended to profit from the coming fall. But some real estate experts have already decided that it was overvalued, while others set against the real estate market, but have not been able to fix their losses. Just months after the historic trade Paulson, real estate prices in the United States again began to fall.

Lesson: Do not get too many chances in one transaction, even if it seems right thing.

Read more...

Market size and liquidity

The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements. [2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]

Of the $3.98 trillion daily global turnover, trading in London accounted for around $1.36 trillion, or 34.1% of the total, making London by far the global center for foreign exchange. In second and third places respectively, trading in New York accounted for 16.6%, and Tokyo accounted for 6.0%.[4] In addition to "traditional" turnover, $2.1 trillion was traded in derivatives.

Exchange-traded FX futures contracts were introduced in 1972 at the Chicago Mercantile Exchange and are actively traded relative to most other futures contracts.

Several other developed countries also permit the trading of FX derivative products (like currency futures and options on currency futures) on their exchanges. All these developed countries already have fully convertible capital accounts. Most emerging countries do not permit FX derivative products on their exchanges in view of prevalent controls on the capital accounts. However, a few select emerging countries (e.g., Korea, South Africa, India—[1]; [2]) have already successfully experimented with the currency futures exchanges, despite having some controls on the capital account.

FX futures volume has grown rapidly in recent years, and accounts for about 7% of the total foreign exchange market volume, according to The Wall Street Journal Europe (5/5/06, p. 20).
Top 10 currency traders [5]
% of overall volume, May 2009Rank Name Market Share
1 Deutsche Bank 20.96%
2 UBS AG 14.58%
3 Barclays Capital 10.45%
4 Royal Bank of Scotland 8.19%
5 Citi 7.32%
6 JPMorgan 5.43%
7 HSBC 4.09%
8 Goldman Sachs 3.35%
9 Credit Suisse 3.05%
10 BNP Paribas 2.26%


Foreign exchange trading increased by 38% between April 2005 and April 2006 and has more than doubled since 2001. This is largely due to the growing importance of foreign exchange as an asset class and an increase in fund management assets, particularly of hedge funds and pension funds. The diverse selection of execution venues have made it easier for retail traders to trade in the foreign exchange market. In 2006, retail traders constituted over 2% of the whole FX market volumes with an average daily trade volume of over US$50-60 billion (see retail trading platforms).[6] Because foreign exchange is an OTC market where brokers/dealers negotiate directly with one another, there is no central exchange or clearing house. The biggest geographic trading centre is the UK, primarily London, which according to IFSL estimates has increased its share of global turnover in traditional transactions from 31.3% in April 2004 to 34.1% in April 2007. The ten most active traders account for almost 80% of trading volume, according to the 2008 Euromoney FX survey.[3] These large international banks continually provide the market with both bid (buy) and ask (sell) prices. The bid/ask spread is the difference between the price at which a bank or market maker will sell ("ask", or "offer") and the price at which a market taker will buy ("bid") from a wholesale or retail customer. The customer will buy from the market-maker at the higher "ask" price, and will sell at the lower "bid" price, thus giving up the "spread" as the cost of completing the trade. This spread is minimal for actively traded pairs of currencies, usually 0–3 pips. For example, the bid/ask quote of EUR/USD might be 1.2200/1.2203 on a retail broker. Minimum trading size for most deals is usually 100,000 units of base currency, which is a standard "lot".

These spreads might not apply to retail customers at banks, which will routinely mark up the difference to say 1.2100/1.2300 for transfers, or say 1.2000/1.2400 for banknotes or travelers' checks. Spot prices at market makers vary, but on EUR/USD are usually no more than 3 pips wide (i.e., 0.0003). Competition is greatly increased with larger transactions, and pip spreads shrink on the major pairs to as little as 1 to 2 pips.

Read more...

Foreign exchange market

he foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies.

The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.

In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

The foreign exchange market is unique because of
its trading volumes,
the extreme liquidity of the market,
its geographical dispersion,
its long trading hours: 24 hours a day except on weekends (from 22:00 UTC on Sunday until 22:00 UTC Friday),
the variety of factors that affect exchange rates.
the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
the use of leverage

As such, it has been referred to as the market closest to the ideal perfect competition, notwithstanding market manipulation by central banks.[citation needed] According to the Bank for International Settlements, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion. Trading in the world's main financial markets accounted for $3.21 trillion of this. This approximately $3.21 trillion in main foreign exchange market turnover was broken down as follows:
$1.005 trillion in spot transactions
$362 billion in outright forwards
$1.714 trillion in foreign exchange swaps
$129 billion estimated gaps in reporting

Read more...

11/1/09

Earn Money Online -Make money

Earn online is not a tough work in this time. The online trading money earning techniques are now very easy earn online .Online earn in is in many ways , normal man can more money 50,000rs per month also.
Earning is made upon more ways like surverys to earn , ads to earn , earn by websites, and earn by refer.
Make Money Online, Paid Online Surveys, Ways to Earn Money Online, How to Earn Money, Paid Surveys, Earn Money Online from Home, How to Earn Money Online, Online Paid Surveys, Make Money Online Now, Paid Survey Online
If you have come to this website then you have made a right decesion. I have a plan for everyone to earn 300$ extra per month. Yes,

thats true and does not require an investment. To earn money online I recommend to join all the survey panels that are available in your

country. If you join 20 survey panels and each day you get 3-5 survey of 2-5 $ each then you can easily make 300$ extra per month.

Thousands of people are earning money online taking paid online surveys. and people who don't beleive are the one who losing the money

on the table!! Join legitimate paid surveys and get paid for surveys.
Paid Surveys are web based research tool. The study contains a questionnair. Paid surveys are an easy and great way to earn extra money online. Take paid surveys for cash and get paid by Paypal, check, Amazon gift cards and other prizes. Work from home and earn money online. Participate in market research surveys and tell companies what you think?

The biggest advantage of paid surveys are that you get to hang out in the comfort of your home, not have to get up and go anywhere. All you need is a computer and an internet connection! Join free paid online survey panels that pay by Paypal. Many websites provide a list of paid survey sites and charge a fee but EarnExtraRupees.com provides the list of paid surveys FREE.

Global Test Market: Global Test Market is one of the largest marketing research firms which conduct online market research and paid surveys. Most surveys take less than 15 minutes to complete. Take free paid surveys and earn 50-150 points that can be redeemed for cash. Sometimes these surveys may lead to a chance to test a product or service, or participate in a online focus group with bigger rewards. You will get 5 points(0.25$) for each survey you do not qualify, so it is worth to join. Minimum payment is 50$. Payments are sent by check in your local currency. International members from US, UK, Australia, Canada, France, Germany can join GTM International.



Never pay any company to join survey sites to get free paid online surveys. We have done the analysis of several paid surveys panels and listed below that are legitimate. What can you get by taking free paid surveys:

* $1-$30 for participating in Free paid surveys

* 20$ to $100 for participating in online focus groups ( focus group surveys are the so called maximum paid surveys)

* Up to $100 for phone surveys

* You can also try out new products that will be coming out on the market and be paid for trying them and giving your opinion!

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8/28/09

best paid Survey for free

Relax At Home ... And Get Paid For Your Opinion!

START EARNING TODAY!

$10 - $300 Per Online Survey

$50 - $300 Per Hour For Online Focus Groups

$4 - $25 Per Hour For Previewing Movie Trailers

Market research companies will pay you $10 to $300 per hour for answering simple online surveys and participating in online focus groups. All from the comfort of your own home. Why are companies willing to pay so handsomely for your time? They desperately need the honest opinions of ordinary consumers to help them figure out which new products are likely to succeed. IT'S REALLY JUST THAT SIMPLE!

THIS IS A DREAM JOB! No gimmicks. No catch. Work from home whenever you want!

Work whenever you want, early morning, after lunch, after dinner, even 3:00 in the morning. It's up to you! Just go online, pick the surveys you want to answer, and start getting paid.

This is a great way for almost anybody to make extra money, or even a full time income. It's ideal for moms who want to stay at home with their kids, anyone who's tired of the 9 to 5 grind, retirees or college students. Wouldn't you like to lounge in your pajamas and earn a paycheck?

By keeping tabs on all the major market research firms, we can let you know about new opportunities to participate in surveys as soon as they become available. Currently, our members have access to over 1,300 opportunities that pay $10 to $300 for 25 minute surveys, and $50 to $300 for 30 to 60 minute online focus groups. All they want is your honest opinion about new products, new services and new movies. This is your chance to try out new products before anyone else, products which you frequently get to keep, express your opinions, and get a big fat paycheck when you're done!

We have taken the time to check out every listed online survey and focus group individually, to make sure they are worth your time. Every opportunity is guaranteed to pay! We log in to new online surveys ourselves every day, because we just can't resist making such good money so easily!

Some of our members participate in surveys to make an extra $100-$500 a month to cover the cost of a vacation or new car payment. Other people spend more time and earn enough to generate a full time income. Wouldn't it be great to say goodbye to your boss once and for all? Online surveys and focus groups are the easiest way we know to earn a terrific income.

Since I've gotten involved with online surveys, my life has never been better. I love having the freedom to walk my daughter to her preschool, enjoy a leisurely cup of coffee, and turn on the computer to take surveys. Some days I work for an hour or so, some days for a couple of hours. Then I might meet a friend for lunch or go work out at the gym. In the early afternoon, I might join an online focus group or just sign up for another survey or two. My schedule is my own. I can work for ten minutes or two hours, whenever I want. If I'm feeling lazy, I just stay at home in my pajamas and earn a paycheck!

Most of my friends are doing online surveys too, now. It's been a great boost for my father-in-law, who really needs the money now that he's retired. My brother lost his job a couple of months ago, and online surveys tied him over until he found something else. (Of course, he still does surveys at night for extra cash.) My sister is pregnant and she's been doing surveys now that she's stopped working. She wants to do surveys full time once the baby's born, so she can stay at home and still earn a good living. Isn't that how life ought to be? Getting to enjoy what's really important, without spending so much time commuting, working and being away from the ones we love. I know you're going to enjoy taking surveys, too!

When you sign up, you will have instant access to over 1,300 of the guaranteed highest paying survey opportunities, and lifetime access to our members area, where new surveys are posted every day. That means you can start earning money today! Wouldn't it be great to relax at home and get paid for what you think?

Want to see what a survey looks like? Click here to see a sample.

START EARNING TODAY!

$10 - $300 Per Online Survey

$50 - $300 Per Hour For Online Focus Groups

$4 - $25 Per Hour For Previewing Movie Trailers

Have A Question? Click Here For Answers To Frequently Asked Questions.

Imagine! You Could Pay For Your Membership In 30 Minutes Online!

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Earn money online---free

Online Jobs for Indians.
Online Data Entry Jobs.
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bullet No Investment. No Joining Fees.
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Dear Internet Friend, Welcome.
Nice to meet you through this website. This website is exclusively designed for Indians who wants to earn money through Home based internet jobs without any investment, who can spend only few hours in a day. Trust us, you will earn Rs. 50000 and more from this month.

What is the actual work?
The actual jobs is filling online data entry forms in the internet. We will be providing you simple Online Registration Forms. You have to fill those Online Registration Forms according to the instructions.

Is it easy to fill those registration forms?
Yes. These are very simple data entry forms and it is similar to creating an Email account in yahoo, hotmail or rediff. It takes less than 2 minutes to fill those forms. This is similar to Data entry jobs.

How much I can earn for filling each forms?
You can earn between Rs.50 to Rs.100 for each data entry form you fill. We have many categories of forms to fill. Based on the category, the rate will vary. On an average, you can earn Rs.75 for each form you fill.

Is this work available worldwide?
No. This work is available only for Indians. In future, we will recruit peoples from all over the world. You just need basic internet browsing knowledge.

What is the Qualification to do this work?
No need Extra qualification. Just basic Internet Browsing knowledge is enough to do this job.

How much time I need to work in the Internet ?
There is no hard and fast rules regarding the work. It depends on the number of hours you work. You can work at your convenient timings. But it is good at least you work 1 hour daily to earn a decent income.

When will I get the payment and what is the mode of payment?
You will be paid on or around 20th of every month for the previous month earnings. You will be paid only if your earnings is equal to or more than Rs.2000. If it is less than Rs.2000 for a particular month, then the amount will be added to the next month earnings. We pay you by Check.

How much I can earn per Month ?
Here is the simple Earning Estimate Chart for a month .


No. of forms daily


Average pay for each form


Average daily income


Monthly income



Rs.75


Rs.375


Rs.11250

Is there any other way to earn more money?
Yes. You can earn more money from our referral scheme. You can refer others to join this online form filling jobs. You will get 20% of your referral member earnings. Suppose if someone joins under your referral link and if he earns Rs.5000, you will get a commission of Rs.1000.
If you make 50 referrals/month, you can earn 50 X 1000 = Rs.50000/month for just referring others.
NOTE : You can earn more money in this referral scheme. So refer more and earn more.

How can I refer others?
All the referral scheme details are provided in the member login area. We provide you all the referral marketing tools, ideas, tips etc to increase your referral commissions.

Ok. I am Interested. How to join?
Thank you for your interest. Click below to join and start making money in next 60 seconds. All the best !

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8/14/09

Paid Surveys in India

Get paid for surveys in India. Paid Online Surveys for Indians. India Online Paid Surveys. India Paid Surveys. Best Paid Surveys for Indians.
Take free paid surveys in India and earn extra cash. Give your honest opinion about the products and services you use and make money online from free paid surveys. Some survey panels pay by Paypal so you get paid in your paypal account. You can withdraw money from your paypal account into your bank account in your local currency.

Survey Sites that accepts members from India. The following free paid survey in India are open to members in India:

1. Surveysavvy You can get paid up to $30 or more for completing a paid survey. Refer your friends and earn more money. You get paid $2 for each survey completed by your direct referral and $1 for each survey by your indirect referral. Each month, out of a pool of entries from members that don't qualify for a survey, 50 individuals are selected to receive $10 each. Join Surveysavvy and start earning! Click here to join Surveysavvy.

2. American Consumer Opinion Panel(ACOP) American Consumer Opinion Panel is a reputed market research firm which pays you cash to complete online paid surveys. It is operated by Decision Analyst Inc., a leading international marketing research and marketing consulting. Typically you get $3 to $25 for each survey you complete. Make your opinions count and earn money from paid surveys! They mail you your payment as check within 4 weeks of completing the paid survey.
Click here to join American Consumer Opinion Panel

3. Planet Pulse PlanetPanel is a worldwide community of consumers and conducts online surveys from consumers across the globe. They offer free membership to Online Paid Surveys in India and conduct surveys on different products and services offered by different companies, current events, government policies, and more. You get pulses for completing surveys. Once you have 2500 pulses, they send 25$ to your Paypal account. You also earn points for referring your friends. Join Planet Pulse Survey Panel

4. Spidermetrix Spidermetrix is an Australian survey site that pays you to take online paid surveys and evaluate websites by taking questionnaires. Members are called spiders and they earn spider points as rewards. Points can be redeemed as cash and they pay you by Paypal. Join Spidermetrix and Get paid to take survey online in India.

5. Opinion Square: is an online research community of volunteers who answer fun surveys in exchange for earning reward points redeemable for merchandise and entries into our “Your Opinion Matters” sweepstakes. Sweepstakes prizes include a VIP trip to Europe, monthly iPod, LCD TV and Cash giveaways and daily NetFlix subscriptions! OpinionSquare members answer surveys that help companies improve their products for all consumers.


6. Permission Research is part of an online market research community with over 2 million members worldwide. Members from India can join. Members have access to free software downloads and a variety of other benefits including entries into sweepstakes. Members are invited to participate in online surveys on a wide variety of topics. To join, you need to install their software, which helps them to monitor internet trends. They are now giving 5 GB free storage to its members.

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Best Paid Survey Companies

Best Paid Surveys
Best paid survey, best paid survey companies, best paid survey websites, best paid surveys programs, best paid survey companies online.
A lot of paid online surveys shade varieties, which means that they are not what they claimed to be as best paid surveys. What happens is
that you join a paid surveys panel and that turns out to be a middleman website that is providing some affiliate links to spammy websites.
You need to join several survey panels and then you earn some money. But usually you do not reach the minimum payout and you get
nothing. Either you get very few survey invitations or you get a sweepstakes entry that is hard to win! These things turn out very disappointing.

But... don't loose heart, there are several legitimate survey panels that send a lot of survey invitation and pay in cash by Paypal, direct deposit
into your bank account or check.

The good news is that there are some legitimate paid survey panels around the Internet and we call them as best paid surveys companies.
This is only a question of the right kind of research to find them. Here are some tips to find best paid surveys available:

* Find a site that has reviewed and compiled a list of best paid survey sites. This can be a very useful guide.
* In the list, look at companies in terms of value, so your time and effort is well invested and worth. The move that sounds familiar to you,
and then a little research, on the other side.
* Read the rules and regulations. Find out what and how they pay you for your survey completion. If the reward methos is sweepstakes
then stay away as it is not the worth your time and effort. There are few best paid surveys sites that pay in points that can be redeemed for cash.
Best paid surveys, best paid survey companies, best paid survey websites, best paid survey companies online, Indian Paid Surveys

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5/8/09

Use Twitter Hashtags To Promote Your Internet Business To Your Social Network

If you are new to Twitter you may have noticed that some messages include a word with the # sign in front of it and at the end of the tweet. This is called a hash tag, and hashtags are a convenient tool for organizing tweet posts.

During the 2007 San Diego forest fires a guy called Nate Ritter posted updates on Twitter about the situation and identified his post with the hash tag, "#sandiegofire". Since then, the use of hash tags to identify and quickly locate groups of messages has become a common practice among Twitter devotees. There is even a website, Hashtags org that logs the use of hash tags on Twitter. If you check it out you will find hundreds of different hash tags that are currently being used to organize information on Twitter.

Anybody with a twitter account can easily begin using hashtags. You can use hashtags whenever you want to send out a regular flow of notifications on Twitter about any subject you like. Simply include the hashtag somewhere in the body of the message that you want to tweet. Hashtags are often inserted in the body of tweets about business promotions or contests, or by people organizing parties or other social events.

Hashtags can also be utilized by Internet marketers who want to keep customers updated about new developments, products or projects. By letting your customers and the people on your mailing list know about the hashtags you are using, you can give them a convenient way to follow your updates on Twitter. People will be able to find your post on a particular subject when they enter the topic at hashtag in the search box on the Twitter website. This is a great way to reinforce your brand image.

Since Google indexes Twitter messages, and bearing in mind that hashtags are inserted in the text that you tweet, it is a good idea to use relevant keywords for your hashtags. Since you are providing information about your business, many of your tweets will also include links back to your website or blog, so your twitter tweets will help improve your website rankings on the search engines if you're hashtags are keyword optimized.

Here are some tips for getting the best use out of your Twitter hashtags. 1. Get your hashtags tracked. Go to /hashtags on Twitter and click the follow button. They will automatically follow you back and track your hashtags.

2. Keep your hashtags unique. Since you will want to use hash tags to identify your business posts, it is important that they be unique. Go to Hashtags org to see if the hash tag you want to use is already in use.

3. Always precede your keyword with the # sign. A hashtag looks like this: #fishingbooks or #fishingtackle, #fishingboats etc.

4. Make them relevant. Use a hash type that is relevant to the topic you are tracking. For example, if you are promoting a fashion show in London, #Londonfashion09 would be a better hashtag than #London, which is not specific enough.

5. Make them short and memorable. The hashtags are best when short, simple because you want your followers to be able to remember them easily. Avoid lengthy acronyms, long strings of abbreviations or code numbers. Don't forget that you can only use 140 characters in the whole message, so a long hashtag is undesirable.

6. Use hashtags for branding. Think "relevant keywords" and "brand image" when making up hashtags. This will make your brand more visible to your target market, especially to those who are searching for what you have to offer.

Using hashtags on Twitter is a great, free method to help you build your brand and promote your website business. Start using hash tags when you Twitter, and be sure to let your customers and the people on your mailing list know what you are doing and explained that they can find out the latest news about your business by searching for your hash tag in the Twitter search box.

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4/26/09

Earn Money On The Internet

To earn money from home is easy with the Internet and the thousands of opportunities it brings to home-based entrepreneurs. Thousands of Americans earn money on the Internet now, as technology has ushered in a new era of conducting business. Now is the perfect time to take advantage of the many business opportunities online, getting a head start on the new age of business transactions. Those looking to do work out of one's house or to use the Web to make a living can research the varied types of businesses offered and find one that fits their unique style, schedule, and career goals. Anyone wanting to work out of their house can work part-time for extra income or there are also full time opportunities to earn money online, as well. Working at home is not for everyone, so there are risks and points to consider when contemplating an Online start up business or working for someone else from the computer in one's own house.

Technology has changed the way we get information and the way we conduct business. Technology has made getting information faster, transacting business faster, and has created a climate for new and innovative avenues to generate revenues. There are online franchises that can be purchased, offering buyers the name recognition and expertise of an established business and there are also consulting firms that train and evaluate various businesses or personal situations, all online. There are also multi-level marketing programs that are growing online every day. There are sales and promotion programs and plans that generate quick ways to make an income on the Internet. Finding ways to earn money from home can easily be accomplished with one or two days of research. When investigating the different business opportunities online, be sure and look closely at the affiliate business model offered by several major online businesses. Being an affiliate sales support to major merchandisers can be a wonderful financial opportunity and a fabulous way to make money at home. While it is important to make an income for all of life's necessities, it is important that Christians keep it in perspective. "For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows." (1 Timothy 6:10)

The newest and perhaps fastest way to use the Internet to make a living is with the affiliate programs offered. An affiliate can work directly with companies that sell goods or services, or affiliates can work with an affiliate network system. Affiliate network systems host different companies that are in the market to promote their goods or services to as many browsers as possible. Those who are eager to earn money on the Internet will find affiliate network systems that host companies that work with affiliate support. A good way to determine if the website or the circle of influence or contacts could benefit from hosting advertising from other companies, first browse the companies looking for affiliates. Finding companies that fit the target market or audience will be key in the ability to earn money from home or make an income on line. Research is showing that one of the fastest ways to do that is through affiliation programs.

Affiliate or sales associates work like magazines or newspaper advertising. Affiliates host other companies' logo banners or buttons that link Internet browsers to the other company. Those companies advertising with an affiliate pay for space or for sales generated by the web pages or contacts of the affiliate. There are affiliate programs that allow the use of email or other direct contacts, putting their information on the newsletter or informative correspondence. Choosing major Online companies that fit into the target audience will help secure leads to earn money from home.

There are several ways to earn money on the Internet by becoming an affiliate business partner with other services and merchandise promoters or online companies. First, there can be income generated from simply displaying another companies logo or banner on the house or business website, as well as newsletter or other informative correspondence. Every time a person anywhere in the world downloads the web page, or email, bringing that logo into their house, the company advertising on the website pays for the opportunity to be seen by one's personal contacts. This method of affiliation is the simplest way to work at one's house, but pays the lowest dividends.

Another affiliate income generating opportunity is the money that is earned every time a shopper actually clicks the button of an advertiser on the website. The "click" income method is more profitable for websites that have higher traffic numbers. Shoppers interested in the website will also be interested in the products and services offered through the advertising on the web page. Affiliate business opportunities that pay for every click on a banner or button are profitable ways earn money on the Internet. And, there is another ways to generate funds with affiliations. There are affiliate programs that will pay for sales leads or percentages on the sales themselves. This is often the case with large service providers such as mortgage companies, financial institutions, or even counseling services.

Before diving into any business idea to earn money from home, would be entrepreneurs should take time to self-evaluate their own career goals and financial needs. Those considering a home-based business will also need to be disciplined in work habits and schedules. Earning money from home allows for flexibility, but often temptations to procrastinate can prove to be too great, and the business fails. If a person is a self-starter and a highly motivated individual who does not mind working alone at times, then getting a business going online may be for what they're looking for. Research the many different ways to earn money on the Internet today, and find the perfect business for one's financial and personal needs.

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Earn Extra Money

Those who desire to earn extra money can take part in several easy strategies. An age old method for earning additional funds is that of selling extra clothing, furniture, books, whatever a person might have around the house that does not see much use and is simply taking up space. Almost everyone has items that are either unused or out of date. The old adage that one man's trash is another man's treasure is one that has transcended time and given credence to the ever popular garage sale. Methods for earning additional funds extend beyond casual sales and incorporate a wide variety of skills, abilities and assets.

Technological advancements have also seen to the rise of buying and selling via personal computers. Hundreds of sites are available for those who wish to turn unwanted goods into money through programs such as electronic auctions. Almost anything can be sold and there is a substantial market for books, CDs, novelties, collectibles, furniture, and more. The market is diverse and one that is made up of consumers who constantly desire various items which virtually guarantees that almost anything will sell if market in an effective manner. There are literally thousands of opportunities available for those who have the need to earn extra money and plenty of unique and interesting methods which can be implemented to achieve the purpose of earning extra cash.

People who have items to sell but might not necessarily want to handle the task of selling can take advantage of the services offered by consignment shops. Consignment shops usually sell gently used items at discounted prices, and when a sale is made, a percentage of the profits is split between the owner of the shop and the person who supplied the item, making for an effective means to easily earn extra money. In addition to utilizing applicable shops, people can also choose to create specific items with the intention of selling the product. The demand for handmade goods is one that is not only always present, but increasingly important for those who desire to help the environment. Crafting new products out of old ones and selling them for profits is an excellent way to help the environment while at the same time earning additional funds.

Everyone can find some way to earn extra money. There are hundreds of ways that anyone no matter the situation, can earn money while doing something they enjoy. Those who enjoy cleaning can offer to clean the houses of friends and neighbors. Mothers who would like extra funds can offer to watch children or even run a daycare out of their home. Those who have a knack for baking could host a bake sale or offer to bake specialty items for events held by acquaintances. A person who enjoys working outside can try out their green thumb by charging for gardening or lawn services. Many a small business has been started out of the need to earn extra money, and from time to time, people find that a fun hobby can eventually become an excellent way to supplement an income or as a way to add to additional savings.

Due to the sheer amount of needs that people have there are almost always at any given point in time a need for some form of service or another. Those who might not have a product to offer or items to sell do have other options which can be sought in order to earn extra money. For example, if a person has an extra room in their home they could choose to rent the room out to a tenant. This is an ideal method for earning money for those who live near a university as there are always students who could benefit from a cheap place to stay. Those who like animals could offer to watch a neighbor's animals while they are away, or choose to become a dog walker for owners who are too busy to regularly exercise their canine companion.

The Internet is a good source of information for those who seek methods to earn extra money. There are lots of programs available which aim to train people in the skills required for starting an Internet based business, and options to take part in businesses that have already proven to be profitable. Those who are in the process of deciding on a company or program to invest in should be aware of the fact that there are many scams on the market that promise that users can earn extra cash with minimal effort, however, such programs should not always be taken seriously. A person should do adequate research into a company before any decisions are made in order to protect from the possibility of being taken advantage of.

There are hundreds of reasons why people might have the need for additional funds. The average person will at one time or another will be under some form of debt, and any additional funding at the time could help immensely. Occasionally, there comes a time for a person to leave an old career for a new one, and the ability to earn extra cash helps for any additional or unexpected costs that might arise. Whatever the reason might be or the talents and skills a person might possess, the chances that a profitable method for additional income are very good. Those who find ways to earn extra money have the ability to reap the benefits that come with financial stability however, wealth should not be solely relied upon, as the Scripture says, "...if riches increase, set not your heart upon them"

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Earn Money Doing Surveys

The possibility of trying to earn money doing surveys can be tempting, but individuals should be sure to read the fine print before becoming involved with many on line organizations. Sales pitches that promise big money for minimal effort are usually too good to be true. That is not to say that there are not reputable organizations that are willing to pay individuals who take the time to answer questions on line. But these promises of supplemental income will most often have many strings attached. When a reputable organization is located, many will not yield any extra money for participants at all. Scams in this area abound and can involve asking participants to fork over a payment in exchange for information. It would be wise to avoid such offers. After paying for this information, many consumers find that the data is completely worthless. Another drawback for those who wish to earn money doing surveys is the length of the surveys and the amount of time that the hopeful on line entrepreneur must expend to complete them. Once completed, payment can be very low, in some cases only five to ten dollars for hours of work. Add to this the fact that it can be very difficult to find legitimate sources of this kind of income and many individuals end up feeling that activity of this nature is not a profitable way to make extra cash.

Unfortunately, many organizations that claim to help consumers earn money doing surveys have other motives. In some cases, these websites are simply attempting to collect a list of email addresses for their own purposes. These sites will take the information that is provided by hopeful participants and use it in a number of ways. Email addresses are often used to send out spam emails to unwitting participants. Street addresses are frequently sold to direct mail marketers and the addresses are used for solicitation via standard mail. The bottom line is, the hopeful on line business person will not receive what they had hoped to receive, that is the ability to earn money doing surveys on line. Other scams will include the sale of books or other resources that claim to contain trade secrets that will help the purchaser make money by filling out these surveys. A consumer should never fork over hard earned cash for such information. Careful reading and research is mandatory for anyone who is considering joining forces with the purveyors of on line questionnaires. No one wants personal information made available without their knowledge. But in many cases, this is exactly the motivation behind many promises of these Internet information gatherers. Even if a website is not asking for payment from potential participants up front, promises of big money are generally false.

When seeking out ways to earn money doing surveys, it is possible to find honest organizations. The first thing to look for is a site that does not require participants to make any kind of payments to the organization before getting started. But this quality alone is not enough. There are many other things that individuals should look for before becoming involved. Generally, if a potential participant finds a reputable organization, the possibility of making big money is unlikely. Frequently, a participant will fill out some basic information and then sit back and wait. When a survey comes along that is suited to the individual participant, that participant will receive notification, usually through email. Once finished, it can take a few weeks to receive payment for any completed on line questionnaires. Some sites do not pay in cash but will offer prizes or coupons instead. For this reason, anyone who desires to earn money doing surveys will need to take care when checking out a new provider. Of course, for many individuals the possibility of prizes and coupons as payment is an acceptable arrangement. But for those interested only in receiving cash, these organizations may not be the best way to become an on line entrepreneur. The bottom line is that the consumer should never even consider paying money up front for information or access to lists of providers.

There are websites that are dedicated to posting information and reviews of organizations that promote ways to earn money doing surveys. These sites will often contain blogs that solicit the experiences of participants in this area of marketing. Both scam alerts and tips on honest providers might be included on these sites. Specific organizations may be rated as to payment practices and dependability. Of course, this information should always be offered free of charge. While it would be wonderful to be able to depend on every Internet offer, many organizations are simply not to be trusted. Forgiveness and kindness are important attributes according to the Bible. "And be ye kind one to another, tenderhearted, forgiving one another, even as God for Christ's sake hath forgiven you." (Ephesians 4:32)

Among the legitimate offers that are available, there are opportunities for children and young Internet participants. These opportunities may not include ways to earn money doing surveys, but there are other methods of compensation that may be attractive to young people. Many organizations are interested in the views of children and teens. Whether these sites are part of a larger company or are opinion gatherers that are geared toward youth, offering prizes can be an attractive way to ensure participation. In some cases, participants earn points by filling out questionnaires. These points can be traded for merchandise that is made available through on line catalogs.

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Marketing Your Business - How Do I Adapt To The Internet?

The way we do business is changing rapidly. From VOIP, video conferencing, email support, telephone answering services, and the almighty internet. As a business owner we are faced with hundreds of decisions our parents and grandparents never had to contend with.

Some of you keep hearing from other business associates that internet marketing is the greatest method of increasing business and building a foundation for customer support. The only problem is, you've just learned how to send emails to people! Never mind learning about SEO, web design strategies, content analysis, pay per click, ROI, etc!

Do you hire an SEO company or do you learn yourself?

Investing time into your company is what we business owners do best but, in many cases, when it comes to learning new methods we quickly open our wallets to anyone out there who seems like the right person to help with your situation. This is the worst possible decision you can make.

Diving into the internet marketing community with your wallet open will result in a disaster if you aren't properly trained on how to spend your money wisely. The key is not to hire an SEO (Search Engine Optimization) company to take your money and promote your business behind your back. Try finding someone who offers you their "training services" in order to train yourself or someone within your organization to learn more about what is required online, how much effort it entails, and what pitfalls to avoid.

As a business owner, if you blindly search online and pick a company, you have no idea what you could be getting yourself into. There are no secrets to promoting your business online, only a lot of hard work. That being said, anyone with a computer can easily learn how to get their company high search engine rankings. Search engines don't look to see whether or not you're running a scam. No, they are concentrated on delivering relevant results for your search terms.

Old Fashioned Marketing Tactics:

In the old days (and still practiced today), business owners would devise their own marketing plan through print media, business cards, postcards, flyers, brochures, newspapers, magazines, TV ads, and radio ads. By doing this, the company could track their results by trial and error and really find out what truly works for their industry.

Old fashioned marketing is a simple trial and error process. So is the internet. Unfortunately, all too many business owners don't have a clue how to start their own internet marketing process and they fail to even put their foot in the water. Instead, many business owners simply hire anyone they can find that seems reputable and then turn a blind eye and say; "Here's my budget, you are the professional, you tell me what to do". This is simply preposterous. You've worked so hard to get to where you are now by learning and adapting and as soon as it comes to marketing your business online, you simply shut down.

I hope that this article has awoken some of you. Don't be afraid to dive into the internet's vast realm of marketing potential. So what if you fail the first time around. When we started out, we had no idea what we were doing, 3 years later our website ranks higher than many other internet marketing companies world wide.

The ULTIMATE secret to internet marketing is simple...

A concept I call "T.I.M.E."

T - Try and try again
I - Internet changes all the time
M - Marketing opportunities are around every corner
E - Eventually you too can succeed

Think of it this way (Illustration only)

Here is a timeline of your internet marketing campaign:

Start date - Research only: June 7th, 2005
Hired a website designer - August 31st, 2005
Website Complete - October 15th, 2005
Website launch - October 20th, 2005

Started an internet marketing campaign - November 1st, 2005
Started a Pay Per Click campaign - November 10th, 2005
Made a sale - November 15th, 2005

Increased our website’s link popularity - January 1st, 2006
Website gets hit by the Google Sandbox Effect - January 20th, 2006
Increased our Pay Per Click campaign - February 5th, 2006

Made some changes to the website - February 21st, 2006
Increase the website’s link popularity - February 28th, 2006
Got listed in the Yahoo directory - March 3rd, 2006

So here you are 10 months out of the gate and your website may still be "locked in the Google sandbox" ( Search for "Google Sandbox" in Google for an explanation). Your link popularity is just starting to grow a little bit. Hopefully you haven't tried to link to everyone you can find and are actually linking to companies that are directly related to your business. Your PPC campaign is doing good. People are finally starting to come through Yahoo & MSN search results. You can sometimes find your company in the 200th spot within search results in Google and you are now wondering why this is taking so long.

Welcome to the world of marketing your company on the internet!!!

This timeline representation from above is just something to show you how "T.I.M.E." is the key of success on the internet and all we are required to do is keep plugging away and keep learning more every chance we get.

For most people who simply open up their wallets, they would have learned nothing in those 10 months and for everyone else starting an internet marketing campaign, those who didn't simply just open their wallets, their websites are probably 10 times further than yours!

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Earn Extra Income

In today's economic climate, finding ways to earn extra income can be very important. For many families paying the bills each month is a real challenge. Bringing in supplemental money can make all of the difference. Some individuals prefer to find ways to work from home. Others might start a home based business by offering services to other homeowners such as babysitting or lawn care. More and more employees are finding ways to telecommute from home by creating an on line business. Whatever approach a hopeful entrepreneur might choose, it is possible for the creative individual to create opportunities to earn extra income. In some cases, a family might be looking for ways to combine childrearing responsibilities with work. Jobs that take parents away for ten or more hours a day can make it difficult to keep up with the active lifestyle of a growing family. Telecommuting employment opportunities can mean that work hours are more flexible and can more easily accommodate a family's needs. Other individuals might have physical impairments that require working from home. When all adults in the home are working full time but are still not able to meet monthly bills, finding a way to bring in supplemental cash outside of regular work hours could be the answer.

An on line business can be a good way to earn extra income. These businesses can come in a variety of types. Anyone with promotional skills might want to consider affiliate marketing. The way that this works is very basic. The first step is to purchase a domain name and then create a compelling website under that name. Once a steady stream of web traffic has been generated by this site, a webmaster may offer space on the site to any number of e-commerce merchants. If visitors to the site click on a linked ad and make a visit to the e-commerce merchant's website, an affiliate can receive a referral fee. Should this web visitor make a purchase from the merchant, the affiliating webmaster can get a sales commission. The responsibilities of the affiliate will include keeping the website updated so as to continue to draw new Internet visitors. This method can be a great way to earn extra income each month. Other on line possibilities could include taking surveys over the Internet, or posting ads on various forums. Selling merchandise over an on line auction house is another popular method of earning supplemental cash. Building a business of this nature could begin very simply. A family may have items in their own homes that others are interested in purchasing. Antiques, sports memorabilia, and collectibles can sell well over the Internet. Once this supply of inventory has been exhausted, many entrepreneurs will travel to garage sales and auctions in search of bargains that can later be translated into cash and sold via the World Wide Web.

In addition to on line opportunities, there are many other ways to earn extra income through a home based business. The need for skilled child care is always great. Many families who wish to care for their own children from home have combined this desire with a little business savvy and opened up child care services in their homes. Of course, there are regulations and licensing requirements that must be met, but this can be a good way to create supplemental income without leaving home or paying someone else to care for the family's own children. While caring for children can be a viable employment opportunity for many, there are also individuals who are willing to pay someone to take care of the family pet. Pet care businesses can mean that the animals are brought to the entrepreneur's home each day and looked after in a way that is similar to a children's day care service. In some cases, the entrepreneur will travel to the client's home and tend to the needs of that client's pets. This aid could include feeding, walking, or grooming the animal. When a client goes on vacation, house sitting services may be called for. Families can earn extra income by collecting mail or newspapers, watering plants, turning on lights or any number of other tasks. Income possibilities also exist in the area of lawn care, automotive services, or by performing various odd jobs.

Home parties can be another way to earn extra income while still being available to meet the needs of a growing family. When choosing to sell merchandise through home parties, it is always a good idea to select a product that interests the potential entrepreneur. When a salesperson is not enthusiastic about the merchandise, this will usually be very obvious and can seriously impede sales. Building an at home business will often require gaining wisdom and knowledge from other individuals who have succeeded with ventures of their own. The Bible talks about the wisdom and knowledge that God offers to those who respect Him. The fear of the Lord is the beginning of wisdom: and the knowledge of the holy is understanding. (Proverbs 9:10)

There are many other ways to earn extra income. Free lance work in a variety of fields can be a good place to start. Some fields that are particularly compatible to free lance work can include writing and graphic design. Professionals in these fields can often find work over the Internet, making telecommuting a real possibility. There are websites that are devoted to posting various jobs that professionals can place bids on. Through hard work and a persistent, professional, approach, many families are finding ways to create needed supplemental sources of income.

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Guide to Pay Per Click Search Engines

Search Engines. What is a Pay Per Click Search Engine?

A pay per click search engine is designed for pay for performance advertising. That means that an advertiser pays the search engine owners only for traffic that is delivered to his web site in accordance with key words that the advertiser chooses to bid on.
Example: An advertiser has a web site that advertises vacations to Thailand. The advertiser can bid on "vacations to Thailand" as a key word. If he wants to be in the number one position on the search results page he can place a bid that is one cent more than the existing high bid for the key word term "vacations to Thailand". Let's say that the present high bid is $0.20 per click. A bid of $0.21 would than gain the top position for the advertiser.

If his key word was clicked on 10 times in one day he would pay 10 X $0. 21 , or $2.10 for the traffic that was delivered to his web site for that day. The advertiser is paying only for performance. There is no charge for the number of times that the advertisers ad appeared on the search engine web site that day. The charges are based only on the number of times that a visitor clicked on the key word and was delivered to the advertiser's web site. Thus the name "pay per click".

Why Use Pay Per Click Search Engines?

In just a few words it is because the leading Pay per Click Search Engines (PPC) can quickly deliver quality targeted traffic to your web site. Anyone who has build web sites know that building web sites is the easy part. The tough part of the process is in driving enough qualified traffic to the site to make it worth while from a commercial view point.
Even if you are successful in building a web site that the search engines love it will take some time, probably two or three months, perhaps longer, for the search engine spiders to find your site and for your site to be listed in the search engine. If you are trying to make money on the Internet that is a long time to go without traffic.

No traffic means no sales and no income. That should not be your objective unless you enjoy building web sites no matter how few people ever visit them.

With pay per click search engine accounts you can almost immediately drive qualified traffic to your web site. If you are serious about building a business on the Internet that is a pretty good reason to use Pay Per Click Search Engines.

Pay Per Click Search Engine Tips.

1. Use quality pay per click search engines that already have a high volume of traffic. It doesn't matter how cheap the bid for your key words may be if there is little traffic on the search engine and your key words are never clicked on.

2. Know your market. If you are selling "vacations to Thailand" do some research to find out what words and phases folks who are thinking of traveling to Thailand are actually using in their searches. An excellent tool to assist in this research is Wordtracker . Wordtracker will quickly help you to decide which key words are truly worth bidding on.

3. Quality pay per click search engines will have starting bids from one cent to five cents per key word. It is important to know that about 80% of the traffic for any key word will go to the top three bids. So if you want a lot of traffic to your web site try to position yourself in the top three spots. Just as with real estate location makes all the difference in results.

4. Set up a realistic budget for each search engine. Quality pay per click search engines get a lot of traffic so be prepared for a lot of traffic to your site if you bid on popular key words.

5. Popular key words can be expensive so choose your key words with great care. It is best to stay away from key words that are too general in nature. Thus to continue with the example above bidding on the key word "vacations" would not be wise if you are selling vacations to Thailand. Yes, you would get a ton of traffic but it would be more than likely be too general and you would spend a lot of money for poor results. It is almost always a better strategy to bid on phases instead of one general keyword. Therefore bidding on "vacations to Thailand" would be a far better choice than bidding on "vacations".

If you are selling vacations to Pattaya Thailand it would be better to bid on "vacations to Pattaya Thailand" than on "vacations to Thailand". The more keywords that you can find that exactly match up with whatever it is that you are selling and that folks will be searching for the more money you will save (less money will get you in the top three spots) and the better your results will be.

Wordtracker is an excellent tool that can find key word phases that are actually being searched for and that you would probably never think of going it alone.

6. Think about using a lot of keywords rather that a common few. The common few will be expensive and will likely deliver to your web site a lot of poorly targeted traffic with poor conversion ratios (traffic to sales). People search for the darnest things and those who actually plan on buying something usually search by using phrases. With some effort you can find phrases that are cheap and that will deliver highly targeted traffic...the kind that converts into sales.

7. No matter how much traffic you drive to a web site if you are marketing sorry products or services or if you have excellent products and services but you have a sorry website you are wasting your time and money. Everything must be right to achieve business success. Make sure that your site is "order taking ready" before you turn on your pay per click traffic.

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The Click Fraud Problem & how to eliminate it.

Click fraud has become a major problem for online marketers. If you participate on Google adwords campaigns or Overture, you must already pay a lot for your campaigns.


What is click fraud?

Click fraud is the deliberate clicks to PPC search engine ads for completely other reasons than expressing interest for buying the related products or services.

Overture defines click fraud as clicks arising for reasons other than the good-faith intention of an Internet user to visit a web site to purchase goods or services or to obtain information.

Google defines click fraud, or invalid clicks, as any method used to artificially and/or maliciously generate clicks or page impressions.

In simple words, Click fraud means that someone is cheating you and that you pay too much for your pay per click campaigns.

Who is doing that?

Three main groups click on pay per click ads, without real interest in the offered goods:

People who joined Google AdSense or other per click affiliate programs click on the ads on their own web site to make a little income. Often, these people cooperate with other webmasters to click on each other's ads.

Some unethical companies click on the pay per click ads of competitors to drive up their advertising costs.


Companies (often in India, Russia and China) hire people who are paid to click on ads.
Google and other search networks provide refunds to advertisers when click fraud has been discovered.

Google and Overture employ "fraud squads," or teams of people dedicated to fighting click schemes. But at least two marketing executives say such countermeasures are missing fraudulent clicks that are responsible for between 5 percent and 20 percent of advertising fees paid to all search networks.

This is a huge problem. There is no “pay per click” Company denying that click fraud exists. Web analytics companies estimates that the 50% of all click activity is fraudulent.

This means that your pay per click marketing activities are half effective as they could be because of click fraud.

Overture spokeswoman Jennifer Stephens refutes that estimate, saying that the numbers likely represent acts of fraud that are ultimately caught. She added that Overture filters most fraudulent clicks with the best antifraud system in the industry, which combines technology and human analysis.

Most advertisers are aware of the click-fraud issue but have not delved into it because of the technical complexities involved. Others are concerned that they could jeopardize their relationships with the powerful search networks if they complain too loudly.

One of the best ways to eliminate click fraud is using anti click fraud services such as ppctrax (www.ppctrax.com). They provide services like the below:

IP address capture.
IP address geographic Location.
User Agent (browser, bot etc.)
See exactly what keywords are generating your clicks
Date and Time stamp
System detects sudden click spikes from one or more IP addresses
Real-time email alerts at 80% and 100% of your account's transaction utilization
IP address history - alert you to prior offenders

Another similar service is “who is clicking who”:

http://www.whosclickingwho.com

Other ways is the click fraud capture software like Click Auditor:

http://www.keywordmax.com/click_auditor.html

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Paid Surveys Revealed

Who does not like some extra cash in hand? What about when that ‘extra cash’ comes relatively easy, with the least of exertion? What about when that extra cash comes to you right in your home, without having you to move to any other place?

You guessed right! I am talking about home business. There are a great number of home businesses with the advent of the Internet. Many people are drawing a decent income from such endeavors. Each one of us is tempted to try out some of these offers, because they sound so easy and within our reach, that we feel we would miss out on a great opportunity if do not try it out. The temptation is even harder to fight when we are in dire need for cash.

I got hooked on the idea, when I had lost my job two years ago. I had more than 16 years’ seniority and never expected to get the axe. My heart was broken; but what hurt the most was that I had, all-of-a-sudden, to cut and curtail on each every expense. I was faced with an acute emotional and financial poverty.

It was at this time that, one day while idling over my computer, I clicked on a link – which I think mentioned cash from home – and I was hooked. At first I was overwhelmed at the variety and diversity of the Internet income opportunity. I found a multitude of offers ranging from data typing, to freelancing; from web designing to copy writing … to the one of the most lucrative options, paid surveys.

Taking paid surveys is an extremely convenient and easy way to earn cash online. I can see the interest growing in your eyes. What are online paid surveys, you will ask?

That is exactly what I was asking two years ago when I rediscovered the meaning of earning at my convenience! Let me start at the most important part. Money! How much can you make with online paid surveys? Will you believe when I tell you that you can make anything between $1 and $150 per survey?

They say that the difference between real and fiction is that fiction needs to make sense!! This is really applicable to making money with online surveys. It does not really make sense, but it is there life-size and true! But do not take my word for it. You go out there and just type ‘online paid surveys’ in the browser line and see what comes out of it. Try a few and just get the feel of it and see how easy is to fill in a survey.

The online surveys are just simple questionnaires which require certain information or opinions from you. These feedback are analyzed by the companies who send you the surveys and the information thus obtained go to form the future product strategy of that company, be it marketing, production, content, correction, etc.

The next logical question you would ask is why the companies would pay people to do surveys. Companies need access to information regarding the reaction of the public on the products they promote. In order to get this information they do extensive market research studies which are expensive and sometimes not reliable – when the data can be manufactured. Paid online surveys give these companies direct access to the public. The payment is calculated based on the importance of the product and the difficulty the company has to gain serious insights on it. Hence, online surveys are a healthy business proposition for the companies.

You could, as I could, build a good reliable source of income with online surveys. There are a few tips that you should keeping mind however, so you do not run into headaches.

Seek those companies that have a good feedback on the Internet; in order to find what others think of it, run a search on the name of the company asking for review or comments. Invariably, the net will throw up sufficient feedback for you to get a good idea about the company;

Remember – this type of work is just like any other work, even if it requires less mental and physical effort. Completing online surveys require patience and persistence if you want to earn a significant amount;

Another trick is to get your name enlisted in as many companies as possible. Logically speaking, even if you have only $5 surveys – which usually take anything between 20-25 minutes max (this also depends upon the speed of your browser) – and you have 4-5 per day, you could earn a very tidy sum;

I advice NOT to enlist in the survey databases who ask you a fee for membership. You can find the same market research companies for free. Why pay for the free information?

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