Many traders believe that to be successful you need mountains of indicators that give you some kind of “edge” over the market. I am here to say that trading as a means of consistent income does not have to be painful or difficult. That less is certainly more when it comes to trading. I’ve met traders with every indicator under the sun on their charts, with years of training under their belts having spent thousands of $$$’s and STILL not making a consistent income….
Why? Because Indicators are liars! Sure sometimes you might pull of a trade or 2 but in the end you always get spanked….Why? Because not everyone uses a MACD with your settings, not everyone uses the Stochastic or the RSI. I believe to be an effective trader you have to look at what the majority of traders look at…So what do most traders look at? Support and Resistance! Almost every system out there uses Support and Resistance to some extent. Support and Resistance is our number 1 indicator. So why not make Support and Resistance your system?! Mark up some levels on a chart using time frames from 1hr and above (this is what the big boys who move the market watch, so no lower please) and see what happens! Use other info that the majority of traders watch ONLY as confluence, Market Profile levels, Pivots and Fibs.
Support and Resistance levels are considered high probability areas for market “reversal”, offering retracements of 0.75 points to in some cases 50+ points. In many instances historically referenced Support and Resistance levels can help traders catch markets tops/ bottoms to the very tick! Why? Because Support and Resistance levels are the most widely used trading tool! Everyone from Hedge funds and banks to the small time trader at home use Support and Resistance levels
For many it may be difficult to leave the system you are using now so why not use Support and Resistance levels as a guide alongside set ups defined by the system/strategy that you are implementing. Using Support and Resistance levels obtained from the 1hr, 4hr and daily timeframes offers the highest odds Support and Resistance levels. All levels should have historical significance and thus will be considered high probability trading areas. Throughout the trading day these numbers can become areas of Support AND Resistance.
We believe that using Support and Resistance as your CORE trading methodology can reap great rewards for traders.
To find a methodology that really works and receive FREE Support and Resistance levels please visit us at http://www.supportandresistancetrading.com/
Story
admin
Tuesday 13 January 2009
This product may be suitable for you if you want to make profits on the stock market without facing the high risks associated with stock strading. You may also enjoy a more diversified trading portfolio. This can be accomplished with trading on the forex market. When contemplating trading on this market, it is crucial that you learn forex.
There are tons of places on the web that you can learn forex. Dozens of automatic programs are available to perform the whole task so you don’t have to. This product offers plug-and-play compatibility, just set it in and start receiving signals. These systems are supposed to provide market indicators for buying and selling at any time.
With so many different options available to you, the thought of learning Forex may seem a bit daunting. The tutorials will teach you how to use the software, but they leave you completely ignorant as to the actual mechanics of trading. Entering digits into a piece of equipment only demonstrates your ability at button pushing. Understanding the indicators provides proof that a machine can reason in your place.
Regardless of what others say, you must learn Forex in order to achieve optimal results. You will need to know about interest rates and the current economic data if you intend to learn forex. You want to make things different, try a different pattern. Comprehending and realizing what interest rates and inflation are about can enable you to earn revenue using Forex.
When you are ready to learn forex it is important to consider that most automated systems are not current with the latest market indicators. You must be willing to go against the grain if you desire to learn Forex. Don’t cut mental corners when educating yourself about forex trading; it is important to learn all the details. It is important that you research and take the time required to understand the market.
It is important to be aware of factors that influence the market. Different currencies from all over the world are utilized and you must know how to compare them. In order to learn forex quickler you will need to know how to compare different currencies to determine the best value. A big help in learning forex that can help people out pretty easily, is watching market trends as the progress up or down. We can predict much about the future of currency by first looking at the history of currency.
While the automated system can do much of the work for you, you will have to use the tutorial to learn forex on your own. Using practice accounts can be very useful in figuring when to buy and sell. You’ll not only learn from your mistakes, but enjoy your victories while you observe the balance grow in your mock accounts. It will take awhile to become familiar with forex and in some cases you will need to learn as you go.
Tony is an avid Forex Trader who Trades for a Very Good Living from Forex. Here is a new site he’s building http://www.forexsecretsrevealed.org
Story
admin
Wednesday 19 November 2008
Many people have been erroneously taught that the Bible says that money is the root of all evil. The actual scripture says that it is the LOVE of money that is the root of many evil things. You can verify this in any translation or version of the Bible in 1 Timothy 6:10. Here is another interesting teaching about money. The conventional belief is that the richest man who ever lived on Earth, King Solomon, said about money in Ecclesiastes 10:19NIV, A feast is made for laughter, and wine makes life merry, but money is the answer for everything.
You no doubt have heard about the Golden Rule. Most people have but don’t know where it came from. It is widely accepted that it means, those who have the gold make the rules. There is evidence everywhere supporting that definition. Actually, the Golden Rule was given to a Bible scripture spoken by Jesus where He basically said that one should do and treat other people as her or she would like to be treaded. There is a huge difference in the end results when these two definitions are regularly, individually, and independently applied.
There is a popular affirmation for achieving success that has been for years attributed to any number of sales gurus. It goes something like this, if you help enough people get what they want in life, in so doing, you will get what you want. Another saying that is anonymously quoted goes like this, Whatever goes around, comes around. You guessed it. These principles are also straight out of the Bible. You you can quickly verify it in any Bible at Ephesians 6:8, the author of which is believed to be the Apostle Paul.
Great news. To put all of the above information into immediate, productive, and fulfilling use is to first of all verify the referenced scriptures. That way you will know for sure that you have the facts straight. The next thing would be to remember minute by minute that procrastination is what holds most people back from accomplishing what they want on a timely basis and in many cases, never. Next, there are three easy but powerful principles outlined in the Author Bio of this article that will provide enormous benefits to those who use them. Please be one of those who starts using and benefiting from them right away and remember to always keep an attitude of gratitude.
CONCLUSION: Decide that you are going to take action right now to do what it takes to turn your dreams into realities. Believe and expect, every second of every day for the rest of your life, that they are already becoming realities. If you need lots more money and free time to enjoy it with your children and family, and if you do not already have your own Online home-based business, get an outstanding one right away. Put your pride on a shelf because you cannot do everything in life by yourself. Ask and you will receive the help that you need. Remember, beginning is half done.
God bless you with an overflowing abundance of good health, love, happiness, success, prosperity, and a bright new future and lifestyle that you will allow yourself to have.
(Please visit the Web Site below for FREE help and more details on how you can get started now.)
Harry R. G. Becker is promoting, enabling, and empowering people across the USA & Canada to OWN, their own fun to run, home based Internet travel business. Tens of thousands of happy people are already enjoying these benefits, including himself, and you can too. Free help and details. Beginning is half done. Travel ideas & booking: http://www.EZWay2BookTravel.com
P.S. TRAVEL Career Positions & Testimonies For Women
Click Media Center button on this Web Site http://www.WorldwideTravelSuperStore.com
Enter WOMEN in KEYWORDS Box, click SEARCH, then click Women of … VIDEO. That’s it!
Your lady friends will love you for sharing this with them.
Story
admin
Saturday 1 November 2008
Could there be a Quick Way to a 6-figure Income from the Stock Market —for ordinary folks?
What IF… you discovered the way many get to a six-figure Income without -
” Years of studying to get an advance Degree, or
” Working decades for Experience?
What if you discover that ordinary folks (just like you) can learn how to do this ….many within as little as 3 months! Let me tell you a story about an old wildlife photographer, who is even in the age group that never learned to operate a computer.
In early 2002, he was accidentally introduced to a little stock market ‘Secret’ that brokers and mutual fund managers hope the public never discovers!
Have you ever heard of an ‘e-mini’? Most folks haven’t.
He hadn’t, and he had been investing in stocks via a mutual fund, for years.
Turns out that the e-mini had been introduced in the stock market by [one] of the exchanges back in 1997, when the personal computer and the Internet had just become viable and really usable. The Chicago Mercantile Exchange thought it would be a great little affordable instrument for ordinary folks to learn to trade, taking advantage of the new personal computer and the Internet. But, by never talking about it, the stock market insiders managed to keep it for themselves (as a trading instrument), while preaching to the public nothing but ‘long-term investing in stocks and mutual funds’. (Oh, yes… with “diversification,” also.) Do you think that they would ever look to serving their own self-interest first and foremost? Nah. Never! (Laugh)
What this old photographer discovered was that he could take advantage of the ‘e-mini’, also. It became a life-course change of direction for him. Just like it can for you, too.
If the ‘e-mini’ is new to you (and, it probably is), then you’re invited to spend some time getting acquainted with it, just like he did.
Next time, I’ll acquainted you a little more with this marvelous little ‘financial instrument’ called the “E-mini” that has been a part of the stock market since 1997, but yet, is so unknown to everyone.
Discovering it could be the most valuable little ‘education’ you could ever gain.
http://www.emini-forex-trader.com (Mel’s web site)
http://www.youtube.com/watch?v=-L8kSTErib4 ( a short, but very interesting video )
Story
admin
Wednesday 29 October 2008
Humans are social creatures. As children, we learned about the ways of the world by observing the people around us. We’ve been conditioned to take cues from others regarding how we should behave. For example, if a friendly stranger smiles at you, you’ll feel the compulsion to smile back. It’s only natural, isn’t it?
Throughout our formative years, we were always looking for social recognition. As teenagers, we were preoccupied with the ‘most popular’ kids in school. It was ‘hip’ to like the same pop songs as everyone else, and it was ‘cool’ to go to the same parties as everyone else. To be liked, you had to follow the opinions of the people around you.
That’s how we grew up.
But that’s a deadly trait to have as a Forex trader. When you make trading decisions according to what everyone else thinks, you’re finished. You need to be able to make your own decisions based on your observations; not what other people tell you.
Why You Should Stop Asking Questions
And that’s why you should stop asking questions about trading. While the school system encourages students to ask questions to get answers, this is just simply not how it works in the Forex market. No trader ever got rich by following others’ opinions. The trick is to find out the answers yourself. Just experiment, and observe.
Hard work and persistence is required, and this is what turns most people off. They want a straight and easy answer: “The market is going to go up to by 100 pips”. That’s what they want to hear.
It’s Not That Simple
Sure, anyone can tell you that the price is going to go up by 100 pips. That’s not hard to predict at all. The question is WHEN and HOW it’s going to happen.
Unfortunately the answers to these questions take experience in the market to understand. And you won’t get any experience simply by having your questions answered… that’s where the hard work and dedication comes to play.
So stop asking so many questions, and find them out for yourself. Observe the market, and note down your questions or queries. Wait for the market to show you the answer. No one can give you a better answer than the market itself.
To learn more, download my free 26-page guide here: “Forex Trading Traps!”
Harold Hsu is the owner of http://www.ForexSystemProfits.com where he provides premium Forex trading tips and resources.
Story
admin
Wednesday 29 October 2008
Instant cash loans are sources of obtaining money timely. This range of loan form is best-suited to individuals earning a fixed salaried. If you are one of them then you cash loans can help you meet your immediate demands delicately. You often find yourself in a situation when some urgent bills are to be repaid in order to escape from penalties. In the event you fail to find a feasible money option, you may have to pass through topsy-turvy financial track. While, instant cash loans combat against emergency by providing you the required cash within 24 hours. Your lender deposits the loan amount electronically into your bank account.
Later, you get privilege to borrow in the range of £100 to £1,200 with the repayment period of 14 days. Generally, loan is to be repaid well then your pay day arrives. There is no security involved. Instead, a post-dated cheque is written for the borrowed amount with its interest payment to the lender. Here, you can rollover the loan payment for a few weeks also simply by making the interest payments.
In due course of loan process, you do not require to have your credit checked. So, individuals having multiple credit problems can also apply for instant cash loans. They are assured of the loan in time. But they are required to repay the loan on the due date.
Rate of interest on instant cash loans is marginally very high. To counter the high rates, you can compare different lending offers. As you search across some offers that involve competitive rates. In this way, you can save a considerable amount of time and energy, if online loan processing is done.
The only parameter to take out instant cash loans is that you must be drawing a monthly fixed salary for past six months and you are of 18 years or above, having a bank checking account.
Tim Kelly is an expert in finance having completed her LLM in Finance (Master of Laws in Finance) from Institute for Law and Finance at Frankfurt University. She is currently working with Best Payday Loans as a financial advisor. To find Instant Cash Loans, cash advance payday loans, instant payday loans, payday loans, payday loans uk, cash loans that best site’s you need visit http://www.bestpaydayloans.co.uk/
Story
admin
Tuesday 28 October 2008
In a July 19 Wall Street Journal article titled “Why No Outrage?”, James Grant quoted Mary Lease, a 19th century Populist who urged farmers to “raise less corn and more hell.” Grant notes that financial behavior that would have been met with outrage in the 19th century is now met with near-silence from a too-tolerant populace. For decades after the Civil War, monetary reform was a chief political issue, one around which whole political parties formed. Why is it hardly mentioned today? Grant suggests that the lack of outrage may be because the old 19th century Populists actually won:
“This is their financial system. They had demanded paper money, federally insured bank deposits and a heavy governmental hand in the distribution of credit, and now they have them. The Populist Party might have lost the elections in the hard times of the 1890s. But it won the future. . . . They got their government-controlled money (the Federal Reserve opened for business in 1914), and their government-directed credit [Fannie Mae and Freddie Mac]. In 1971, they got their pure paper dollar. So today, the Fed can print all the dollars it deems expedient and the unwell federal mortgage giants, Fannie Mae and Freddie Mac, combine [to] dominate the business of mortgage origination . . . .”
Mr. Grant may have answered his own question, in another way than he intended. Most people, evidently including Mr. Grant, actually think that the Federal Reserve is a federal agency; and that paper dollars are issued by the government; and that Fannie Mae and Freddie Mac are federal mortgage giants. The American people are silent because they have been duped into believing they have gotten what they wanted. In fact, what the people got was not at all what the Populists fought for, or what their leader William Jennings Bryan thought he was approving when he voted for the Federal Reserve Act in 1913. In the stirring speech that won him the Democratic nomination for President in 1896, Bryan expressed the Populist position like this:
“We say in our platform that we believe that the right to coin money and issue money is a function of government. . . . Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank and that the government ought to go out of the banking business. I stand with Jefferson . . . and tell them, as he did, that the issue of money is a function of the government and that the banks should go out of the governing business. . . . [W]hen we have restored the money of the Constitution, all other necessary reforms will be possible, and . . . until that is done there is no reform that can be accomplished.”
Bryan lost in 1896 and again in 1900, but he went on to lead the opposition in Congress. A major bank panic in 1907 led to a bill called the Aldrich Plan, which would have delivered control of the banking system to the Wall Street bankers. However, the alert opposition, led by Bryan, saw through it and soundly defeated it. Bryan said he would not support any bill that resulted in private money being issued by private banks. Federal Reserve Notes must be Treasury currency, issued and guaranteed by the government; and the governing body must be appointed by the President and approved by the Senate.
To get their bill past the opposition in Congress, the Wall Street faction changed its name to the Federal Reserve Act and brought it three days before Christmas, when Congress was preoccupied with departure for the holidays. The bill was so obscurely worded that no one really understood its provisions. Its backers knew it would not pass without Bryan’s support, so in a spirit of apparent compromise, they made a show of acquiescing to his demands. Bryan said happily, “The right of the government to issue money is not surrendered to the banks; the control over the money so issued is not relinquished by the government . . . .”
That was what he thought; but while the national money supply would be printed by the U.S. Bureau of Engraving and Printing, it would be issued as an obligation or debt of the government to a private central bank. The Federal Reserve is wholly owned by a consortium of private banks; it is controlled by bankers; and it protects their interests. It issues Federal Reserve Notes (dollar bills) for the cost of printing them (or, more often, for the cost of entering numbers on a computer screen). This privately-issued money is then lent to the government, and it is owed back to the private Federal Reserve with interest. The interest is eventually refunded to the government, but only after the Fed deducts its operating expenses and a 6 percent guaranteed return for its bank shareholders.
Congress and the President have some input in appointing the Federal Reserve Board, but the Board works behind closed doors with the regional bankers, without Congressional oversight or control. Bank CEOs actually sit on the boards of the Fed’s twelve branches. As just one recent example of the private control of public monies, in March of this year the New York Federal Reserve agreed in private weekend negotiations to advance $55 billion of the people’s money so that JPMorgan Chase could buy Bear Stearns at the bargain basement price of $2 a share, down from a high of $156 a share. It was a hostile takeover, not approved by the Bear Stearns shareholders or the American voters. JPMorgan Chase is the bank founded by John Pierpont Morgan, who sponsored the Federal Reserve Act in 1913. Jamie Dimon, the current CEO of JPMorgan Chase, sits on the board of the Federal Reserve Bank of New York, which dominates the twelve Federal Reserve Banks; and he has huge stock holdings in JPMorgan Chase. His participation in the decision to give his bank $55 billion in Federal Reserve loans is the sort of conflict of interest that federal statute makes a criminal offense; but there is no one to prosecute the statute, because the banking lobby is too powerful to be denied. The banking lobby is powerful because private bankers, not the government, create our money and control who gets it. (See Ellen Brown, “The Secret Bailout of JPMorgan,” May 13, 2008, www.webofdebt.com/articles; and “What’s the Difference Between Lehman Brothers and Bear Stearns?”, June 14, 2008, ibid.)
The Federal Reserve Act of 1913 was a major coup for the international bankers. They had battled for more than a century to establish a private central bank in the United States with the exclusive right to “monetize” the government’s debt; that is, to print their own money and exchange it for government securities or I.O.U.s. The Federal Reserve Act authorized a private central bank to create money out of nothing, lend it to the government at interest, and control the national money supply, expanding or contracting it at will. Representative Charles Lindbergh Sr. called the Act “the worst legislative crime of the ages.” He warned prophetically:
“[The Federal Reserve Board] can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by greater rate variation, and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down.
“This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. . . . The financial system has been turned over to . . . a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.”
In 1934, in the throes of the Great Depression, Representative Louis McFadden would go further, stating on the Congressional record:
“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders. In that dark crew of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.
“These twelve private credit monopolies were deceitfully and disloyally foisted upon this Country by the bankers who came here from Europe and repaid us our hospitality by undermining our American institutions .”
As for Fannie Mae - the Federal National Mortgage Association - it actually began under Roosevelt’s New Deal as a government agency. But like the Federal Reserve, Fannie Mae is now “federal” only in name. In 1968, it was re-chartered by Congress as a shareholder-owned company, funded solely with private capital. If it were a bank, today it would be the third largest bank in the world; and it makes enormous amounts of money in the real estate market for its private owners. In 1970, Freddie Mac (the Federal Home Mortgage Corporation) was created to provide competition and end Fannie Mae’s monopoly in the secondary mortgage market. But Freddie Mac too is a wholly shareholder-owned, publicly-traded corporation.
Under a 1992 law, if either of these two mortgage giants is seen to be severely undercapitalized, it may be placed into government conservatorship. But the plan now being pursued is to bail out these private corporations by increasing their capital base with taxpayer money and their profit margins with greater access to Federal Reserve loans. The result will be to privatize profits to their management and shareholders while socializing risk to the taxpayers. We the people will foot the bill. If the people are going to bear the risk, we should reap the benefits. Either these two mega-corporations should take their licks in the market like any other private corporation, or they should be nationalized, delivering not just their debts but their assets to the taxpayers. Not just Fannie Mae and Freddie Mac but the Federal Reserve itself should be made truly federal entities, as the voters have been led to believe and their names imply. Remove the myth that these Wall Street-controlled entities act by and for the people rather than being run for private gain, and we will soon see the outrage Mr. Grant says is curiously missing.
Ellen Brown, J.D., developed her research skills as an attorney practicing civil litigation in Los Angeles. In “Web of Debt,” her latest book, she turns those skills to an analysis of the Federal Reserve and “the money trust.” She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Her eleven books include the bestselling “Nature’s Pharmacy,” co-authored with Dr. Lynne Walker, and “Forbidden Medicine.” Her websites are http://www.webofdebt.com/ and http://www.ellenbrown.com/
Story
admin
Monday 27 October 2008
Despite many being under the impression that success stories of African exporters are confined to Maghreb countries, such as Tunisia and Morocco, exports in sub-Saharan Africa are far from marginal for some product groups.
For the fifth year in a row, the North Africa region experienced growth at a rate higher than 5% per year (5.7% in 2007), exceeding the levels reached in the 1990s and early 2000s. During 2007, gross domestic product (GDP) growth was almost evenly distributed across the sub-groups of the region.
Traditionally a commodity exporter, Africa has diversified into industrial goods and services. Tunisia is a good example of Africa’s emerging growth areas. Exports of electronic components have passed the US$ 500 million mark, expanding at annual rates of 22% for several years. In clothing, despite fierce global competition, Tunisia has been able to increase its market share. It now ranks eighth among 184 countries in the Trade Performance Index for clothing, reflecting exports of US$ 2.5 billion to a diversified group of countries. Mauritius, Africa’s other major clothing exporter, has also increased its world market share, supplying garments worth US$ 1 billion.
The sources of growth for North Africa have undergone a shift in recent years. In the period 2000-04, the main source of growth was domestic private consumption. However, by 2007, this had declined in importance and had been replaced by gross domestic investment. Much of this was made possible by plentiful government revenues obtained from a buoyant hydrocarbons sector. Oil prices increased 78 percent during the course of 2007, rising from $54 per barrel at the start of the year to $94.50 at the end.
Southern Africa too, has also joined the ranks of the world’s leading trading areas. In five out of the 14 sectors covered by the Trade Performance Index, the Southern African Customs Union (SACU) figures among the world’s top 15 exporters. Transport equipment is one example, where SACU ranks ninth, with exports of US$ 1.4 billion.
Despite the successes of Africa’s exporters in recent years and projections of an average yearly growth of 5.6% over the next three years, many northern African countries, including Sudan, Morocco and Angola, still face economic instability, with much of the population in the aforementioned countries living well below the poverty line.
Initiatives such as the Community Trade programme make sure workers in north Africa and other regions are paid fairly for the production of goods that are then exported but with food prices expected to remain high and with most countries in the region subsidising food and energy, this may lead to fiscal problems for many of those who live within the north Africa region but are not expected to stunt economic growth.
Paul McIndoe writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.
Story
admin
Saturday 25 October 2008
I love the word Affluence. The name rings synonymously with Living Infinitely. Living in a state of affluence means living a fulfilled life not only from the level of the soul, but at the level of mind and body as well.
Affluence is a state of mind that is brought about by knowledge. When one understands and is conscious of the knowledge of affluence, wealth will most certainly manifest itself in life. Affluence within the realm of physical wealth comes from having a money conscious. In this article I will talk about the perplexing qualities of affluence. In understanding the concepts presented in this article, a money conscious is sure to develop.
Rich people do things differently than poor people do. It is often difficult for a person raised up poor to become very rich, mainly because they think differently than the rich person. Rich people have the money conscious. If you spend a lot of time with a wealthy person you too could develop the money conscious, this is why the children of rich people often remain very rich and often get richer. These few perplexing qualities of affluence may help you understand their secrets.
1. Affluence is created by giving. A sales person gives their service, the shopkeeper their goods, and the artist his talents. The more you give, the more you get back. It is the law of the universe. See the “Parable of the Talents” (Matthew 25:14-30)
2. The Affluent make money work for them. In another form of giving the very rich always understand how to make money their ally. In the process of lending, investing, and donating (all forms of giving) riches will begin to give themselves on your behalf! Abundance will inevitably return to the giver who gives lavishly.
3. The Affluent understands that there is always opportunity. The universe operates on a field of pure potential with opportunities ready to make themselves known. The opportunity will be created for the person who never gives up faith and persistence.
4. The Affluent are detached from their riches. Some of the greatest contributors to betterment our country have been men and women of exceedingly great wealth. However, these men and women did not pack all their savings under their mattresses. While the rich think about money often and understand its importance, they also understand its properties. The poor think about money in such a way they become attached to it. The money remains forever elusive.
5. Affluence creates more affluence.
Affluence is not necessarily good from a utilitarian standpoint. Many have used a wealth conscious for ill purposes. Heeding this warning, please understand that principles of affluence will begin to train your mind to work in way that can bring great fulfillment to life. The very knowledge of understanding how the principles behind affluence work is enough to begin your journey
Jesse Sherer is an entrepreneur and specializes in helping others achieve their goals and dreams. Read other articles about entrepreneurism, and self-improvement http://www.jmsherer.blogspot.com
Story
admin
Friday 24 October 2008
Number one there’s no way to prove if it’s going to be profitable for you until you do it.
Having said that, I think there’s a few indicators. Number one, I don’t think you necessarily have to discount keywords searches. Obviously, a keyword gets 100,000 searches and another one gets 2000 searches. There is probably more demand from the keyword that gets 100,000 searches but that doesn’t mean it’s more profitable. Just because it has fifty times more searches doesn’t mean it’s more profitable.
Okay, that just helps us understand relative demand. That’s it. That is only 10% of your equation. What I would probably do if I were choosing a new niche today, and I haven’t had to choose a new niche in seventeen months, I do not intend to choose another niche any time soon. I’m still growing. I don’t have any desire to sell anything else. But if I were, I think the place I would go would be Google. Go to Google, the search engine and I would literally google the search terms that people in my niche might be interested in. The next thing that I would is I would look at the sponsored listings, the adwords?
I would do this over time. I would determine… and there’s actually software out there, and I don’t recommend that kind of software. I don’t use it so I can’t recommend it. But for anybody who really wants automate with this process there’s plenty of good software out there, I don’t know if the software helps you much more than what we were talking about earlier with the keyword searches. I don’t know how accurate the software is. But what I would do, software aside, and I would not spend a lot of time on this. Maybe an hour once a week for three or four weeks find out what’s going on with those ads. So let’s just say there’s ten ads on the first page and let’s say these ads are promoting products for they are selling for $10. And let’s say that we look at a different keyword, we see ads that are on average promoting products that sell for $100, and then on a third keyword we see ads that generally don’t promote a product but they promote a free give away of some kind. Then if you join the give away you find that instead of being approached with a $100 sales page, you’re approached with a $1000 sales page. Now assuming this was the only information available, of course it’s not, which one of these three search terms is probably making more profit?
Caller: The one that has the higher price ticket.
Sean: Absolutely. Absolutely. Obviously, if the particular search word only gets 100 searches a month then there’s no competition for that word. You know the person may only be spending 10 cents a click and you can really have a low conversion rate with a $1000 product. So you’ve got to kind of think about that, too. If you’re looking at something that’s high competition, then the clicks are costing more, and if the clicks are costing more than the conversion rate has to be higher. It’s really a gut intuition thing. So spend some time looking at what people sell and look at it over time.
You know if you look at a keyword today and a particular sales page that’s selling something for a$100 and it’d a decent amount of keyword searches, a couple a thousand a month keyword searches, and that product is the number one spot, you might be able to assume they are spending two bucks a click. I don’t know. I’ve had ten cent clicks that are number one and I’ve had eight dollar clicks that are number one. Let’s just say than on average it a dollar or two dollars a click. In order for them to break even there’s got to be at least a !5 conversion on a $100 product. If we look at next week and they are still in the number one spot, and the next week they are still in the number one spot.
Do you want to learn more about how I do it? I have just completed my brand new guide to article marketing success, ‘Your Article Writing and Promotion Guide’
Download it free here: Secrets of Article Promotion
Do you want to learn how to build a big online subscriber list fast? Click here: Secrets of List Building
Sean Mize is a full time internet marketer who has written over 9034 articles in print and 14 published ebooks.
Story
admin
Thursday 23 October 2008