Human tends to over-complicate things. It is in our nature to try and improve what we have but most of the time we overcomplicated things and forget about the simple solution.
In my previous post, I posted a chart of a basic system. It consist of candle stick chart, moving average and macd. Only 3 indicators and it is a very simple system rite?
The answer is, it is not so simple actually. Candle stick alone tell you 4 things that is, open, close, high and low price. MA tells you direction of trend, entry point, start and end of trend. Macd tell you trend, entry point, reversal point.
From only 3 indicators there are actually 11 information cramp into that small chart. Too much info and decision making is a hard job. Though i filter comments, no one has actually ask about the amount of information on chart. It seems people can accept 11 information at once. Can you manage 11 input at once and make a decision out of it??
Trading is actually much simpler. It is actually possible to make profit with only 1 information. Believe it or not??
Tuesday, November 30, 2010
Forex is an art
When you say trading, people will say trading is an art. Look at all the books that has been published on the subject. They will say the art of trading forex.
In that sense, we must take forex as an art and not a science. I know, some people may not agree with me and all the post that is in this blog. I don't blame them coz I was actually in the same place as they were when I started trading. Trying to find the answer to forex using every logical explanation.
This is the answer that you have been looking for. I am going to give it to you straight away. Let see if your mind can accept it.
Forex is not a science. There is not a single mathematical equation that can explain it. Do not forecast, do not predict, do not anticipate. All you need to do to make profit is to follow the market. If the price is going up, you buy. If the price is going down, u sell. You may not win all the time but if you follow the market, in the end you will be in profit. Make profit and build up your capital up to a point where a few winning trades per month will bring huge profit.
Can you accept it? Can you mind admit it? Is your logical mind challenged? Do you feel helpless? Welcome to the real world :)
In that sense, we must take forex as an art and not a science. I know, some people may not agree with me and all the post that is in this blog. I don't blame them coz I was actually in the same place as they were when I started trading. Trying to find the answer to forex using every logical explanation.
This is the answer that you have been looking for. I am going to give it to you straight away. Let see if your mind can accept it.
Forex is not a science. There is not a single mathematical equation that can explain it. Do not forecast, do not predict, do not anticipate. All you need to do to make profit is to follow the market. If the price is going up, you buy. If the price is going down, u sell. You may not win all the time but if you follow the market, in the end you will be in profit. Make profit and build up your capital up to a point where a few winning trades per month will bring huge profit.
Can you accept it? Can you mind admit it? Is your logical mind challenged? Do you feel helpless? Welcome to the real world :)
It's Simple
What is Forex?
Forex stands for Foreign Exchange Market. Where you buy 1 currency over the other (exchange). Its a business, no matter what people say. It involve buying and selling like any other business only difference is the medium is currency.
How to trade Forex?
The idea behind forex trading is to make profit from the difference in prices. Simply put, buy when the price is low and sell it when the price is high. Its just like the item you buy in stores, the store keeper is selling it at a higher price to make profit except in Forex you can sell first at high price and buy back later when the price is low.
When to buy and when to sell?
Logically you will sell when the price is going down and you will buy when the price is going up. It is simple but in practice this is what killing most traders. Something so simple can be so complicated.
How to know when the price is going down/up?
The price is going down when it no longer making new high. The price is going up when it no longer making new low.
Final advice
Forex is a human activity. It involve buying and selling. Because it is a human activity, it is not predictable. You cannot predict when is the time you need to go to toilet or when you are going to cut your hair. It is all based on situation. Prediction is an over statement of intelligence in Forex. You dont need it.
Fortunately not everything is unpredictable. By nature human tends to follow what other people are doing. In Forex there is something called the Trend. It happen when lots of people are doing the same thing at the same time (follow??). when more and more people are buying, you buy. When more and more people are selling you sell.
Dont get greedy. Put a reasonable target for each trade and get out once you get your target. There will always be another trade tomorrow and you dont have to trade everyday to make profit. Btw, last week I only trade once.
Good luck to all you traders. For the new blood, take your time. Give it 2 years before you can understand it and go for the kill.
Forex stands for Foreign Exchange Market. Where you buy 1 currency over the other (exchange). Its a business, no matter what people say. It involve buying and selling like any other business only difference is the medium is currency.
How to trade Forex?
The idea behind forex trading is to make profit from the difference in prices. Simply put, buy when the price is low and sell it when the price is high. Its just like the item you buy in stores, the store keeper is selling it at a higher price to make profit except in Forex you can sell first at high price and buy back later when the price is low.
When to buy and when to sell?
Logically you will sell when the price is going down and you will buy when the price is going up. It is simple but in practice this is what killing most traders. Something so simple can be so complicated.
How to know when the price is going down/up?
The price is going down when it no longer making new high. The price is going up when it no longer making new low.
Final advice
Forex is a human activity. It involve buying and selling. Because it is a human activity, it is not predictable. You cannot predict when is the time you need to go to toilet or when you are going to cut your hair. It is all based on situation. Prediction is an over statement of intelligence in Forex. You dont need it.
Fortunately not everything is unpredictable. By nature human tends to follow what other people are doing. In Forex there is something called the Trend. It happen when lots of people are doing the same thing at the same time (follow??). when more and more people are buying, you buy. When more and more people are selling you sell.
Dont get greedy. Put a reasonable target for each trade and get out once you get your target. There will always be another trade tomorrow and you dont have to trade everyday to make profit. Btw, last week I only trade once.
Good luck to all you traders. For the new blood, take your time. Give it 2 years before you can understand it and go for the kill.
Wednesday, November 24, 2010
Ultimate Adsense Success!
II. Introduction to Adsense
What is Google Adsense? Adsense is a program where Google puts advertisements on your site (to your discretion) and every time someone clicks on the ad you get capital. This program provides publishers a chance to make a small amount of money or a large amount of money by simply putting advertisements on their website.
III. Getting Accepted
Well getting into Google Adsense is very simple. If you do not have a website, I suggest you make a blogger. Blogger is associated with Google corporation so your site will automatically get accepted into the program. Of course if you already own a site you are going to be reviewed more carefully. If there are any traces of pornography, gambling, hacking, illegal activities, or excessive swearing you will be rejected immediately. One of the most common ways of getting rejected by Google Adsense is applying for an account too soon, by this I mean you get your website up and running on the Monday, and with one page of content you apply for an Adsense Account. Make sure your website contains quality information and a decent amount of active views. Your website also must be on a top level domain, meaning your website can not be from a free hosting site like webs.com or yola.com in most cases. If you have any more trouble getting accepted into adsense there are dozens of quality members on the Monetizing Techniques forum that will help you out.
IV. Setting up your blog
By now you have already made a blog at blogger, but the question is, what the heck do I put on there? This is a very common dilemma but not something that can't be fixed. Adsense pays you a certain amount depending on what your ads are about. What you post in your blog will effect the turn out of the advertisements on your blog. If I post about Halo 3 in my blog then my ads will be about gaming, Xbox 360 etc. These are called keywords and that's how Google determines what ads to place on your website. Making the most money is what we strive to achieve and if you want to accomplish that goal then you are going to need the ads that pay the most per click. Here are some keywords that will pay the most... insurance, cancer, mortgages, financial and there are a lot more. You are going to have to make a blog post about the keyword of your choice, then naturally your ads will be about that niche.
V. Getting Clicks
Getting clicks is one of the toughest standards of making money with adsense. If you own a large website then there is a chance you might naturally get clicks from the active members on your site. Unfortunately for the higher percentage of people who don't own colossal websites, we have to get our clicks a different way. It may not be up to Google's terms of service, but what they don't know won't hurt them. Considering they are a multi-billion dollar company, I don't find any shame in taking a few hundred dollars from them, and neither should you! One way of getting fast clicks is a click exchange. There is one very active click exchange going on right now which is ran by MrGRINCH. You log onto this irc server and exchange clicks with numerous extremely kind and helpful people, thus making money. Also, you can get clicks with a new program called Adoholic which will be starting up in the near future, it is run by a genuine member named [Wabbit]. This program cycles through people's ads and lets you get clicks. If you are looking for further information please don't hesitate to view the website he has created. I also have one more method of getting clicks which will not be released! I do not feel prepared to give out such a great working method yet. I will of course ponder on the idea and give additional thought to it as the time flies by.
VI. Impressions and CTR
What the heck is an impression! An impression is a view that was made to your website. For example, if ten of my friends view my blog, I just received 10 impressions. What is CTR? Page CTR is the ratio of how many clicks you get out of how many impressions you receive. So if I got 1 click out of 100 impressions then my CTR percentage would be at 1%. Why the heck does CTR matter though? CTR is a determining factor to see if your account is legit. Of course if you have 3 impressions and 2 clicks then your CTR is at 67% which is most likely going to get banned at the end of the month. If your CTR is above 5% at the end of the month when you are going to get paid, you might be at risk for getting banned! If you want to keep your CTR low you need to get a lot of impressions, also known as traffic. Of course, people with blogs will not get that many views so you will have to rely on something else. Many people here on HF sell and sometimes even give away for free, traffic. Traffic is necessary if you want to maintain an adsense account. Getting impressions is something I even struggle with, but if you find the right person who can fulfill your traffic needs then you are set. Be careful where you get your traffic from though, some sources may put you at risk of getting hit by the Google Banhammer.
VII. Payout
This is the thing that you desire the most, getting paid. Of course there are some obstacles you have to run through before you can get on the path to touching that dough. First, you have to verify your information, verify through phone, get a pin through the mail, and enter your social security number. Once this is complete, you can choose your desired payment option. You will receive your payment at the end of the month, but not before they check if your clicks are legit or fraudulent. The payout date is the most important time for you to check your account. Before the end of the month make sure your account is absolutely flawless. Keep the CTR under 5% and you will have no problem. If you do this be ready to receive your payment every thirty days!
VIII. Conclusion
Well I wish you luck on your hunt for adsense success. This is the first tutorial I have ever written, so I apologize for any errors. If you have any suggestions or requests for me to add more please say so! Also, if you see any grammar or spelling errors please point it out so I can fix it and make this thread flawless. If you have difficulty interpreting something please feel free to post and I will help you out. I hope you enjoyed and learned a thing or two!
What is Google Adsense? Adsense is a program where Google puts advertisements on your site (to your discretion) and every time someone clicks on the ad you get capital. This program provides publishers a chance to make a small amount of money or a large amount of money by simply putting advertisements on their website.
III. Getting Accepted
Well getting into Google Adsense is very simple. If you do not have a website, I suggest you make a blogger. Blogger is associated with Google corporation so your site will automatically get accepted into the program. Of course if you already own a site you are going to be reviewed more carefully. If there are any traces of pornography, gambling, hacking, illegal activities, or excessive swearing you will be rejected immediately. One of the most common ways of getting rejected by Google Adsense is applying for an account too soon, by this I mean you get your website up and running on the Monday, and with one page of content you apply for an Adsense Account. Make sure your website contains quality information and a decent amount of active views. Your website also must be on a top level domain, meaning your website can not be from a free hosting site like webs.com or yola.com in most cases. If you have any more trouble getting accepted into adsense there are dozens of quality members on the Monetizing Techniques forum that will help you out.
IV. Setting up your blog
By now you have already made a blog at blogger, but the question is, what the heck do I put on there? This is a very common dilemma but not something that can't be fixed. Adsense pays you a certain amount depending on what your ads are about. What you post in your blog will effect the turn out of the advertisements on your blog. If I post about Halo 3 in my blog then my ads will be about gaming, Xbox 360 etc. These are called keywords and that's how Google determines what ads to place on your website. Making the most money is what we strive to achieve and if you want to accomplish that goal then you are going to need the ads that pay the most per click. Here are some keywords that will pay the most... insurance, cancer, mortgages, financial and there are a lot more. You are going to have to make a blog post about the keyword of your choice, then naturally your ads will be about that niche.
V. Getting Clicks
Getting clicks is one of the toughest standards of making money with adsense. If you own a large website then there is a chance you might naturally get clicks from the active members on your site. Unfortunately for the higher percentage of people who don't own colossal websites, we have to get our clicks a different way. It may not be up to Google's terms of service, but what they don't know won't hurt them. Considering they are a multi-billion dollar company, I don't find any shame in taking a few hundred dollars from them, and neither should you! One way of getting fast clicks is a click exchange. There is one very active click exchange going on right now which is ran by MrGRINCH. You log onto this irc server and exchange clicks with numerous extremely kind and helpful people, thus making money. Also, you can get clicks with a new program called Adoholic which will be starting up in the near future, it is run by a genuine member named [Wabbit]. This program cycles through people's ads and lets you get clicks. If you are looking for further information please don't hesitate to view the website he has created. I also have one more method of getting clicks which will not be released! I do not feel prepared to give out such a great working method yet. I will of course ponder on the idea and give additional thought to it as the time flies by.
VI. Impressions and CTR
What the heck is an impression! An impression is a view that was made to your website. For example, if ten of my friends view my blog, I just received 10 impressions. What is CTR? Page CTR is the ratio of how many clicks you get out of how many impressions you receive. So if I got 1 click out of 100 impressions then my CTR percentage would be at 1%. Why the heck does CTR matter though? CTR is a determining factor to see if your account is legit. Of course if you have 3 impressions and 2 clicks then your CTR is at 67% which is most likely going to get banned at the end of the month. If your CTR is above 5% at the end of the month when you are going to get paid, you might be at risk for getting banned! If you want to keep your CTR low you need to get a lot of impressions, also known as traffic. Of course, people with blogs will not get that many views so you will have to rely on something else. Many people here on HF sell and sometimes even give away for free, traffic. Traffic is necessary if you want to maintain an adsense account. Getting impressions is something I even struggle with, but if you find the right person who can fulfill your traffic needs then you are set. Be careful where you get your traffic from though, some sources may put you at risk of getting hit by the Google Banhammer.
VII. Payout
This is the thing that you desire the most, getting paid. Of course there are some obstacles you have to run through before you can get on the path to touching that dough. First, you have to verify your information, verify through phone, get a pin through the mail, and enter your social security number. Once this is complete, you can choose your desired payment option. You will receive your payment at the end of the month, but not before they check if your clicks are legit or fraudulent. The payout date is the most important time for you to check your account. Before the end of the month make sure your account is absolutely flawless. Keep the CTR under 5% and you will have no problem. If you do this be ready to receive your payment every thirty days!
VIII. Conclusion
Well I wish you luck on your hunt for adsense success. This is the first tutorial I have ever written, so I apologize for any errors. If you have any suggestions or requests for me to add more please say so! Also, if you see any grammar or spelling errors please point it out so I can fix it and make this thread flawless. If you have difficulty interpreting something please feel free to post and I will help you out. I hope you enjoyed and learned a thing or two!
Tuesday, November 23, 2010
How To Make $10k Per Month - Step by Step Guide
I have noticed that lots of hypes and lies are floating around CPA marketing arena.
As a result lots of marketers, especially Newbies fail into this trap and become victims.
So, I have decided to share the real blue print that gives CPA marketers the right track and direction to CPA marketing success.
The blue print is formatted in a step by step guide and is very compact and comfortable for a fast and easy read.
Here is the step by step guide,
I wish you happy reading!
Step 1: Use Only The Best CPA Networks – Stay Away From SCAM CPA Networks
In order to successfully promote CPA offers and make money, first you have to join trusted CPA networks which act as mediators between affiliates and merchants.
And, as the number of CPA networks coming everyday are increasing, you have to carefully select the right CPA network.
There are certain issues that you need to be aware, one of them is that as most of CPA networks either lack experience or they are scams, lots of affiliates lose their money, effort and energy promoting offers from scam CPA networks promoting CPA offers from these bad CPA networks .
So, if you want to make money using CPA marketing – you must first join a low risk, reputable and trusted CPA networks.
As there are plenty of CPA networks online, it is always recommended to join affiliate networks with good reputation so that you get paid for your efforts on time.
Step 2: Selection of Profitable CPA Offer is A must and Critical To Your Success
Once you join CPA network, you should be able to select high converting CPA offer that brings maximum result.
In other words…
As proper CPA offers selection is the most critical task in successful CPA marketing, you have to diligently carry out your CPA offer selection tasks as so to find offers that bring the highest success.
… You will succeed in CPA marketing only if you select and promote the right CPA offer in the most profitable niche
Step 3: Test CPA offer – Always Test to Make Sure That a Particular CPA offer and its Marketing Components Are Right
Once you select CPA offer you should drive traffic to your CPA offer just to test your offer.
Basically, what testing means is that you need to spend little advertisement budget until you verify the profitability of the offer and marketing technique you use.
You just test, track and optimize until you find a winning formula.
And, one of the most effective and fastest ways to test your offers is by using PPC marketing.
So, it is advisable to use PPC marketing using services such as Google Adwords. This will allow you to test your campaign in the fastest time possible so as to make the most from it.
Word of Advice: Always, before you jump into heavy or mass marketing you have to test, track and optimize to make sure that the offer and all marketing elements are set in the most profitable way.
That is, you have to test every thing until you come up with optimum result – the winning formula
Step 4: Scale – Expose Your CPA Offer to Massive Traffic Sources to Exploit the Hidden Profits Potential
After you test your campaign using fast traffic generation source like PPC marketing, you need to find other traffic sources.
As traffic generation is one of the most vital ingredients of any successful web business, it is also crucial to your CPA business.
It is a must have component.
That is …
In order to create highly profitable CPA campaign that brings in cash day and night like clock work, it is mandatory that you have consistent traffic from a diverse set of traffic sources. If you generate enough traffic to your CPA offer, you will have more visitors and more visitors will bring more profit.
With out traffic, even with the highest converting CPA offer, everything else is just a waste of time and money.
It's the traffic that matters at all.
There are several ways to promote your CPA offers on the Internet.
And, as the result for each traffic source varies from one source to the other, it is important to focus on a traffic source which could help you get visitors which are exactly looking for your product.
MORE Targeted Visitors Brings MORE Cash
On the basis of the above important points, you will have two options to drive targeted traffic to your CPA offers:
1.Paid
2.Free.
Let’s start with the paid option.
As it has been noted earlier targeted traffic is the life blood idea of any successful CPA marketing.
If you do not have traffic, even with the most profitable offer selection, it is meaning less.
There fore, you have to go where massive targeted traffic exists and capture it.
This is key to $10k a month- if you want to get huge amount of commission from CPA marketing, do not afraid to go the paid option in a diverse set of ways.
The most important thing that you need to be aware with paid option is not how much you paid for promotion. It is your ROI that matters at all, not your spending.
There are lots of paid ways that can get you traffic. Some of them are:
1.PPC Search Engines – Targeted Traffic Source
2.PPV networks - Targeted Traffic Source
So, let’s see the paid options one by one.
1. Paid Traffic Source #1: PPC Search Engines
As far as targeted traffic is concerned PPC marketing comes first.
So, I recommend you to use popular PPC search engines to promote your CPA offers effectively.
The most reliable once are:
1. Google Adwords: http://adwords.google.com
2. Yahoo Search Marketing: Advertise with Yahoo Marketing
3. MSN ad center: www.adcenter.microsoft.com
But, you need to be aware that, you will exploit PPC marketing only if you do them the right way.
2. Paid Traffic Source #2:PPV Networks
The other powerful way to drive a highly targeted traffic is PPV Networks
If you are new to PPV networks, here is a brief note about PPV networks or CPV advertisement programs.
CPV (Cost per View) advertisement is a form of advertising that incorporates the concept of keyword or URL targeting with the low cost per view model.
The CPV technology matches your selected keywords or URL’s with the information the visitor is searching for or viewing, then instantly delivers the user to your website ( CPA offer ) .
This type of advertisement system is based on PPV (pay per view) model, that is, you only pay when a visitors views your CPA offer page.
The greatest advantage of CPV advertisement model at the moment is that bidding starts as low as 0.015 per view. This allows you to get visitors for a very low cost.
CPV advertisement model works based on software application which is installed on visitors’ computer. And, this program allows your visitors to see your ads based on your preferences.
In other words, through the software installed on the users computer, you will be able to control your audiences based on what they search or what website they surf.
This traffic source selection functionality lets you select only the right audiences that produce the highest conversions for your particular campaign. You determine where your ads appear, ensuring maximum effectiveness for your campaigns.
As it has been indicated earlier CPV advertisement which targets based on your preference are very targeted sources of traffic, because you have full control to select the right audience for your website.
And, the best thing about this type of advertising is that, it is un-exploited area with high rate of profitability.
Here are two of the best networks:
MediaTraffic.com
www.mediatraffic.com
TrafficVance
TrafficVance.com
CPV advertisement program are very effective, but you need to set and optimize them properly in order to exploit them.
3. Paid Traffic Source #3: Other Paid Traffic Sources
There are lots of sites where you can get either in the form of banner advertisement or text ads.
Some of the sites that get huge number of visitors are:
·Face Book: http://www.facebook.com/advertising/
·Myspace: https://advertise.myspace.com
·Youtube Ads: http://ads.youtube.com
·Buying ad space from related Forums.
Using the above paid traffic generation sources you can get a huge number of visitors to your CPA offers.
But, there are important points that you need to be aware of when using PAID advertisement option.
That is …
Every time you use any paid advertisement option, start with a small budget – test, track and optimize until you come up with a wining formula. Then after, you massively scale it based on your wining formula.
Ok, now let’s see the free options.
There are lots of free ways you can make money using CPA offers.
Some of them are
·Videos;
·Articles Marketing;
·Yahoo Answers;
·Classified Ads, etc.
Let’s see the free methods one by one:
Free Traffic Source #1: Videos
www.youtube.com
Free Traffic Source #2:Article Marketing
http://www.ezinearticles.com/
http://www.goarticles.com/
http://www.associatedcontent.com/
http://www.articlesbase.com/
Free Traffic Source #3: Yahoo answers
http://answers.yahoo.com/
Free Traffic Source #4:Classified Ads
Craigslist
http://www.usfreeads.com/
http://www.kijiji.com/
Note:As free traffic generation requires a large amount of time, I strongly recommend you to outsource your activities so as to focus on other money making ways and make your time .
But, the point that you need to be aware here is that first you test every traffic generation system and make sure that it works for you.
Then, you hire some one and train him the whole system.
Note here that if you want to make big money this is key – you have to outsource.
Step 5: Rinse and Repeat – Do the Above Process A thousand Times
Once you create a successful CPA marketing campaign, move to another offer and repeat the process again and again.
I hope you are in a position to implement the method.
To make money as fast as profitability as possible, you have to take action as fast as possible.
Hope it helps .
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