Rules of Trading

Know the Rules!
Know the Stakes!
Know when to Quit!
Trading for a living is really a unique career and that too currencies. The markets and there by opportunities are always there to make money. If you are here looking for consistent results in your trading, then you are in the right place.

I am not offering you any Get rich quick schemes or the Holy Grail or a 100% success rate trading system, they just don’t exist so STOP looking. The only thing that you need to do is trade without expectations of a big pay day, just focus on cash flow , keep your losses minimal and the odds in every trade in your favor , you will end up with more money in your account and lot of freedom . Seeing is believing, or more accurately “Doing” is believing and only way you will know is playing the game. Know the Rules, Know the stakes and Know when to quit. Follow the guidelines and rules. Trading is a Marathon not a Sprint!

Money management principles, Patience and Discipline are the 3 fundamentals to making a living in a financial trading market. I know it has been written by so many but theory is different from applying those practically. That is what i am going to walk you through day in and day out for Four weeks and there will not be anything sweeter than making money effortlessly. Service is free so sign up!

You Can Do Forex with this Easy Forex Trading Training Course

Think making a living with Forex impossible? Well, think again. It is POSSIBLE to make a great living from home with this easy Forex trading training course using simple, easy to follow rules that everyone can understand.

Take electricity as an example. You don’t have to know anything about electricity to flick a light switch and see the light come on. Likewise, you do not need to know everything about Forex in order to generate great money.

The secret of stress-free Forex trading is learning to take small steps at a time. If you take small amount of risk free trading three or four mornings a week, is far better than sitting at the computer all day long, yo-yoing up and down in ‘gambling mode’.

Earning great money need NOT be a gamble in Forex. With proper Forex trading training and a good Forex strategy - it’s possible in a few short hours every week, to make a better salary than your day job could offer.

The secret of stable financial security through forex is what Einstein called ‘the ninth wonder of the world’, compounding. Sure, there is a learning period, and simple rules that have to be absorbed and practiced until perfect. But this process of learning is carried out totally risk free with pretend money in something called a ‘demo’ account.

Most people do not realize this process and allow the thought of ‘Get Rich Quick’ to overcome the good business planning and common sense that ought to go with any new financial venture. All that glitters is not gold and unfortunately, ‘Get Rich Quick’ schemes are often advertised freely on the internet and it’s definitely a case of buyer beware.

Be wary of those hype that is so common wherever the sharks sense that there are people with money to invest. There is no substitute for good, honest forex trading training, period.

With proper Forex training in place, you only need to follow few simple, but strict rules .

• Only trade a maximum of 5% of capital in any one day.

• Wait for the correct criteria - better to preserve capital than risk it.

• Be prepared to exit immediately if in any doubt. Minimised, tiny negatives are easy to recover from.

• Cut out greed and close the trade and the trading station as soon as target is met.

Just a few ‘pips’ a day, a few days a week can compound into serious money by anyone’s standards. Forex, if done right, can be a complete change of lifestyle for very ordinary people. All you needed is a PC and the right motivation and a good forex trading training course.

Click Here to learn how to become a professional trader with Forex Training Works

SBA, CDC Small Business Finance Piggyback on Green Movement

By MIKE ALLEN

San Diego Business Journal Staff

The U.S. Small Business Administration and CDC Small Business Finance, its local partner lender for commercial property loans, are jumping on the “green” bandwagon by doubling the maximum lending amounts for those mortgages that benefit the environment.

The new program, Green 504 (referring to the SBA’s 504 commercial property loans), doubles the ceiling to $4 million from $2 million for projects that reduce energy consumption or generate renewable fuels.

CDC loan officer Ken Rosenthal said businesses can qualify by either cutting energy uses 10 percent or producing energy through renewable sources such as solar, wind and hydropower.

“The easiest way to qualify is for a business to add solar panels,” Rosenthal said.

The 504 program has been a popular financing tool for buying buildings in which the businesses are housed. The bank provides half the loan, while SBA provides 40 percent and the owner 10 percent.

Manufacturers can also obtain $4 million in SBA financing without connections to green projects, Rosenthal said.

Like most others in the finance industry, CDC Small Business Finance has seen a big drop in demand in the past quarter or so.

According to an SBA report for the five months ending Jan. 31, CDC made 24 loans for $16 million, second highest in the region in number of loans. But that’s half the volume for the same period a year earlier, Rosenthal said.

“We’re off by 50 percent and the reason for it is purely based on the lack of buyers,” he said. “People are on the sidelines, waiting to jump in.”

The latest SBA report shows the No. 1 lender was Wells Fargo Bank, with 33 loans in the 7(a) program for $10 million. U.S. Bank and Borrego Springs Bank were tied for third place with 10 loans.

Tips to Increase Profits with Forex Trading

With so many people giving advice on how to be successful in the long term there are not many people giving information on how to quickly increase profits with forex trading. In order to continue forex trading you need to make some good money, in order to do this, you need to follow some easy to handle tips. These are all intended to help you really maximize your profits. Designed to be easy to use, these tips are useful for the beginner and the advanced forex trader.

You should consider increasing your trade amounts if you are only working with small amounts. Most experts agree that 2-3% is the most you should ever trade at once from your trade account, but really, what type of return is this? The return is great if you have a very large account but what happens if you only have a few thousand in there? Most people see back barely anything after expenses are paid and that’s a lot of trouble and hassle. For the smaller transactions, you must go to the time and effort to create the order and then watch until it is time to quickly pull out. With larger amounts, you can leave it a bit longer if necessary and often make significantly more money when trading forex.

One of the best ways to increase your profits is to take the time to find out when the markets will open for currency pairs. There is going to be a small time frame in which the market is open for both and you are able to see the highest volume of transactions occuring. This will typically allow you the biggest profits because of the increased activity. Take the time to carefully consider the timeframe in which all of the markets are open which will allow you to know exactly when you need to handle all of your transactions. You should always trade a specified currency pair at the same time every day

Pull out all of the research that you can find. This includes a weekly chart as well for the currencies that you are trading in. This chart will help you to determine exactly when to buy, and when to sell. Without this chart, you are essentially trading blind. You should also know that it is very important to review longer charts as well if you cannot detect a pattern in the weekly chart. You need to be positively certain about what you are doing, and how you are going to handle issues.

It is also a good idea to decide upon a minimum amount of money that you want to earn each year from trading the Forex market. Having this in mind will allow you to quickly determine how well you are doing for the long haul. You might make some of your goals and you might well miss others, this is normal and happens a lot. It is however important to ensure that you are trying to increase your success and working towards your minimal goal every time you make a transaction. Without this goal, you are going to have some huge issues trying to make things work out.

It is recommended that a beginner forex trader should at least first take a forex trading course to understand the market thoroughly. It is also recommended that a beginner should first observe how a seasoned forex trader does their deals. By doing this they will know how to buy and sell currencies at the right time.

If you have little knowledge about foreign exchange trading, you can always hire a Forex broker. A forex broker advises you about the foreign exchange market and can help you make decisions regarding the different forex market trends. Using Forex brokers can be very beneficial for first-time forex trader or beginners.

Avoid trading often with tiny profit targets and tight stops. To be successful in this market you should not just think of tiny profits, most beginner traders often have fears of losing money, therefore, only targets small profits.

Always have a trading plan. You might think that making money is the plan. But, there is more to it than just making money. You should know what strategy to use in a particular day and particular currency pairs to choose. With no trading plan, your trades will be unfocused and directionless. Make a trading plan with goals and strategy, and be sure you follow them.

Don’t be over confident, this will spell disaster in your trade. Keep the trade simple, and not overly complicated. Keep your trades manageable. Trade only a few currency pair that you can manage.

Often, beginners tend to acquire large amounts of trade thinking that they can make more money out of it. The result: unmanageable trade and often loses.

Do not be emotionally affected by losing. Take loss as an advantage and a learning experience. Analyze what mistakes you made, accept them and learn from them, find out how you can manage them. By doing this, you'll have more knowledge about the market and not often make mistakes again. Remember that the forex market is very unpredictable and loses are expected. Be professional.

If the trade forecast is wrong, stop trading immediately and analyze again. Also stop your losses and do not increase trading.

Don’t rely heavily on trading computer software that predicts the outcome of the trade. Remember that forex trading is often unpredictable and relying heavily on these machines can make you miss a good trade. Use these machines as a guide.

Never make a trade without research. If you are a new investor, this is extremely important because it will help you to learn the market. If you are a seasoned investor it will help you to keep from becoming overconfident. Decisions in the market should never be made unless you are basing them on actual proper research. Taking a couple of minutes for some quick research is not that difficult.

Demo trading or simulated trading is a great way to learn forex trading, but, it can also develop bad habits for traders. Because simulation lets you deal with simulated money, there is no risk, therefore it makes forex trading easy. This can develop to bad habits by not caring about losing real money and also develops over confidence. Keep in mind that your greatest teacher is your experience.

Trade in real markets that deal with real money to get the real feel on winning money or losing it. When you are trading for the first time with real money it is ideal to begin with a mini forex account.

Some small trading tips like this can help you to really focus your investing efforts in forex. Simply jumping into investing without a plan or agenda might be possible but the results will just not be the same. Trying to actually match the goal that you set for yourself helps to give you ample encouragement to reach further than you have previously. Each time you do make your goal you increase your profits which only makes you more money when trading forex.

A few minutes following each tip when you first start trading will save a lot of hassle. You are more likely to improve your experience and find success by following these simple forex trading tips...

Forex Trading Tips

The failure to accept and take losses is the most frequent mistake by currency traders. Traders must accept the fact that losses are a permanent part of their trading existence. Taking controllable losses are just part of trading but most struggling traders spend their entire trading career to run away from losses, it’s hard for them to accept they can be wrong.

Taking a loss does not always mean you were wrong in your trading decision but it can tell that your timing in entering the market was perhaps incorrect. Sometimes, it is better to close the trade for a loss and to re-enter the market at better prices.

Successful currency trading is determined by how well we can manage our losing trades and not how well we can avoid them. Keeping your losses under control is the key to become a master in trading!

Tips on How to Eliminate the Sin of Failing to Cut Losses Short:

1. Never place a trade without first determining where you will close the trade if things go the wrong direction - Never place a trade without a predefined stop loss order, taking a trade without a stop is like racing down a steep hill at top speed without any brakes.

2. Always adhere to your predetermined stop loss order - Never move your predefined stop loss further away from the market in the hope your losing position will reverse, doing this will often lead to much bigger losses or you can get stuck in an open trade for unknown period of time. Your stop loss is there to minimize your losses, if you continue to move it away from the market price you will lose more money for sure in the end.

3. You cannot afford to win if you cannot afford to lose - Losses are a permanent part of trading existence, if you are not in a position to accept losses, either emotionally or financially, you have no business currency trading. Becoming disciplined enough to cut your losses takes time but it is the key to become a master in forex trading and remember, “you should not invest money that you cannot afford to lose.

16 Ways to Make Money Online

The internet is not just good for reading The Onion and posting pictures of your pet hamster to your social networking sites. If you spend any amount of time online, you know that there is money to be made out here in cyberspace; and many of the pioneers in this still vastly uncharted territory have struck it rich with little more than their personal computers and an eye for opportunity. So, how can you get in on the action? Here’s 16 ways that just about anyone (not just geeks) can use to make money online:

1. PPC and CPM Advertising

PPC (Pay Per Click) and CPM (Cost Per Mille) advertising are similar animals. Both require that you place a small bit of code on your site which automatically generates ads of various shapes and sizes (usually depending on your preferences). PPC ads pay you per number of time someone actually clicks on the ad; CPM pays you per number of impressions that their ads get on your site. The amount of the payout is very small—often a fraction of a cent per click or impression–but if you have a large volume of traffic to your site, it can add up quickly.

Learn More: http://www.payperclickuniverse.com/

2. Affiliate Marketing (a/k/a CPA)

Affiliate Marketing requires that apply for membership in an ‘affiliate network.’ That is, an agency that maintains and monitors accounts for various companies who are willing to pay individuals for sales generated through their websites. Again, a small bit of code is placed on your site to generate ads; and when someone clicks on the ad, your unique affiliate number is automatically associated with that person’s IP address. If that individual buys a product from the advertiser, you receive a commission on the sale. Commissions can range between 5-20%, or they can be a flat fee per sale.

Learn More: http://www.affiliatetips.com/

3. Banner Advertising

Banner advertising is used along with PPC, CPM, and Affiliate marketing. A banner is simply a graphic ad that you can sell in any size or shape you wish. Banner ads can be animated, they can rotate through a series of images, or they can be static. In addition to being used with other types of advertising, individual website owners can simply sell banner space at a flat fee or negotiate their own PPC/CPM with independent advertisers which don’t belong to an affiliate network.

Learn More: http://www.davesite.com/internet/webads.shtml

4. Audio Ads

Audio ads begin playing as soon as you land on a website where they are installed. This is a relatively new development in the world of online advertising, and there is some debate about whether or not these are effective or annoying. Audio ad pioneers say they are incredibly effective in getting the user to respond to the ad. Like other ads, you get paid per play or per impression, depending on the advertiser.

Learn More: http://mashable.com/2008/10/03/audio-ad-networks/

5. In-Text Advertising

In-Text advertising is one of the least obtrusive internet advertising techniques. Basically, hyperlinks are placed within relevant text on your website and distinguished from regular links by a double underline. When you place your mouse cursor over the text, a small box appears with additional information on the product or service being advertised. There are advertising services which, when installed, will automatically place the links for you and will even allow you to set parameters for the products you allow to be sold through your site.

Learn More: http://www.wiliam.com.au/wiliam-blog/considering-in-text-ppc-advertising

6. RSS Feed Ads

RSS Feeds are incredibly convenient for websites that update content frequently. The feeds deliver all the new content from websites that the reader subscribes to; making it possible to stay updated on news and information on multiple websites without having to visit each one. That’s great for the reader, but not so much for you if you rely on fresh eyes for your advertising revenues. Thankfully RSS Feed Ads are now available. These allow you to place both graphic and text ads within your RSS feeds so that they are visible to all your subscribers.

Learn More: http://www.doshdosh.com/monetize-rss-feed-advertising/

7. Popups

Popup ads were, at one time, all the rage with online advertisers. When you visited a site, a box would immediately pop up (hence the name), preventing you from seeing the information you needed until you either entered the information required by the advertiser or at the very least, read through the ad inside. Then, tragedy struck! Someone invented the popup blocker. To be fair, pop ups are pretty annoying; but they are still fairly popular with online advertisers. They are especially useful for capturing bits of information for PPA (pay per action) ad campaigns where you are paid for capturing email addresses or other pieces of information from the user.

8. Sponsored Reviews

A sponsored review is basically an advertiser paying a blogger to write about their product or service. This can either be done through a ‘review site’ which facilitates the meet ups between bloggers and advertisers; or it can be done by individual bloggers who offer the service to advertisers for a flat fee.

Learn More: http://weblogs.about.com/od/monetizingablog/p/SponsoredReview.htm

9. Paid Surveys and Polls

You get paid when someone takes the poll that you place on your site on behalf of an advertiser. Polls encourage people to interact with them, and they can be a lot more engaging than regular old banner ads.

Learn More: http://www.vizu.com/index.htm

10. Private Forums

A lot of popular websites will incorporate a message board or forum for their readers to interact with one another. You can generate revenues by charging a small fee for membership on the board, or for access to special sections of the board. This creates a sort of ‘exclusive club’ where members can talk about industry-related topics, exchange valuable information, and socialize. Charging $5-10 a year per user can add up after membership starts to grow.

11. Donations

Don’t laugh. This actually works. If you have valuable content on your site that you are offering for free, it doesn’t hurt to put up a donation link and point people to it once in a while.

12. Ebook Sales

If you’ve got a blog or website about a particular niche, why not capitalize on it by writing an ebook? Believe it or not, you don’t have to be a brilliant writer to create a useful handbook on a subject that you are familiar with. If you write a blog, you can write a decent ebook. However, if you don’t have the time or the energy to write one you can hire a ghostwriter and then all you need to do is worry about marketing and selling it.

Learn More: http://www.zizzoo.com/guides/ebook/index.php

13. Sell Your Website

Some people live for the thrill of a new project. If this sounds like you, then you may want to consider earning money by starting up and establishing new websites and then selling them off for profit.

Learn More: http://www.entrepreneurs-journey.com/266/how-to-sell-a-website-how-much-is-your-website-worth/

14. Sponsored columns, events, or posts

This is a simple idea that gets back to basics. Simply having a sponsor for regular columns or posts on your site is a great way to earn money. “The Weekly So-and-So brought to you by…” not only earns you money from your sponsor, but it builds a steady readership as people come back week after week for your special content.

15. Premium Content

If you’ve built up a solid website with some really excellent resources, you may consider charging people for access to your premium content. That means creating an area that non-members cannot access unless they pay a small fee. For people who are able to offer readers valuable information, this is a great way to generate some income and help your readers appreciate your content more.

16. Job Listing Bulletin Boards

If you’re involved in a specific market, you may consider creating a job listing board and either charging employers to place ads there, or charging job seekers to access it. (Or both). This may take a little time to maintain and will require special software, but if you’ve got a loyal following it can definitely bring in revenues.

Using New Media Solution To Market Your Business

As a businessman it is essential that you find ways to market your business. One should look for new techniques and method in order to keep up with the competitors. Today, most businessmen are making online business to increase the scope of their market. Almost all of them are using new media solution as an internet marketing tool.

New media is a general term used to define the technological developments of computers, digital media and the internet. If it is digital, dynamic and networkable then it is “new media”. Nowadays, most businesses are using new media to help them in their online marketing campaign. While some are advertising online by using Google AdWords.

Having an online business does not mean that people will automatically come and visit your website. Who will visit you website it if no knows that it even exists in the first place? Internet marketing is important so people will know that you have an existing online business. As a beginner in the field you must be able to learn the basics of marketing a website. This is where new media advertising will come in handy.

Social networking sites, like Facebook and Twitter, have been widely used for online marketing. You can have a wider market range if you place your business on social networking sites. These sites allow you to put different kind of contents, like blogs, podcasts, video and audio streaming and many other more. Though you will be exposed to both positive and negative comments, it is still the best way to know what most customers want. This is practically very important in marketing if you want to improve your brand or your services and find the best way to market them.

Using new media solution to market your business has clearly more efficient than the traditional ways of advertising. You can target customers with more precision and it will cost so much lesser than its counterpart. New media advertising will continue to evolve and businesses around the world will adapt to the changes it presents. So one must carry on and apply new methods in marketing as not to get left behind from the race.

Tags: advertising online, Internet Marketing, new media advertising, new media solution, online business, online marketing, social networking

This entry was posted on May 5, 2009 at 7:32 am and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.