Wednesday, 16 August 2017

Build Your List Fast That Ever

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Build Your List Fast That Ever

Viral Marketing: Start Viral Marketing Campaigns Using E-books

Learn to build your list fast that ever from this simple internet marketing blog.  To be able to fully tap into the potential of building list in a social networking website you must first understand what it is and how powerful it is. A lot of people are now referring to social web sites. They are internet based communities of people with the same interests and ideologies. Such web sites have so many followers that today; web 2.0 might be the fastest way of getting any kind of news to reach the highest number of internet users. Yes, more powerful than news reporting web sites. Imagine how much influence on the people opinions and desires such a web site has! Social networking websites can have as many as twenty million visitors at any given time of the day and on any day. You cannot even begin to fathom how much even a fraction of such a web sites following can change the traffic coming to your site.

Viral Marketing sounds like something bad but it is actually something very good. It is, also, a powerful way to generate traffic to your website.

Viral Marketing sounds like something bad but it is actually something very good. It is also a powerful way to generate traffic to your website.


Think about how a virus spreads from on person to another. One person gets sick and just by sneezing they can give the virus to many more people… those people get sick and share their germs with everyone they know and the next thing anybody knows is that there is an epidemic. That is the very concept of viral marketing. The idea is to get everyone to spread your marketing message around because they want to.

Now let’s look at using an E-book to start your viral marketing campaign. First you create an E-book a really good one that has links to your website, to your sales page and affiliate links to products and services that you recommend… and you give it to three people. In the book you encourage those three people to give it to their friends and family.

Before you know it the E-book is spreading across the Internet like wild fire. Digital information duplicates easily and quickly so before you know it, thousands of people could be reading your free E-book.

Make certain that you let people know that they have permission to forward the E-book around the Internet. When you create the E-book, you have the right to give people certain rights. One of those rights could be that you allow them to give the book to other people. Make it clear that this book is free to give away.

5 Deadly Viral Ebook Marketing Mistakes

Creating a viral ebook marketing campaign can be one of the easiest and most effective ways to promote your product or website.

Before you begin writing your viral ebook, you need to know the 5 most common mistakes that can cost you time and potential income.

1) Never Link Directly to Content You Do Not Control
You should always use redirect links placed on your own server instead of direct links to affiliate programs.

You never know when the program you are promoting will change the way its affiliate links work or go out of
business. Using redirect links allows you to quickly replace the affiliate links with the new version or redirect to a similar product.

I can not stress enough how important this step is to you. Once you launch your viral ebook, you can not get it back to make changes to it. Using redirect links will prevent dead links and lost profit.


2) Avoid Using Dated Information By Providing Too Specific Details.

Do not talk about free trials or time specific discounts.The affiliate program you are promoting my not always be offering the trials or discounts. You will anger your readers if they can not get the bargains you promised.

3) Never Include Information You Do Not Want All Over The World.
Because of the viral nature of your ebook, it will eventually spread to every corner of the world. If you include personal information like your home phone or your cell phone number, you may be unpleasantly awakened at all hours of the night. It is best to provide only an email address or autoresponder for the initial contact.

4) Do Not Brand The Ebook Yourself
Putting yourself in the position of having to manually brand and send each copy of the ebook is a sure way to
turn your campaign into NIGHTMARE.

You may be thinking, "What's the BIG DEAL?"

Let imagine for a moment that your ebook starts out slowly and only 10 people request a branded version the first week. It takes you about 6 minutes per ebook to brand it and send it to the user. You have just given up an hour of your life.

The solution is to give your carriers the ability and instructions to rebrand the ebooks themselves. This will
take you out of the loop and allow your virus to grow exponentially unattended.


5) Do Not Forget To Launch A New Window For External Links
When linking to any information not found directly in your ebook article submission, you should always open a new window. Many sales processes use javascript that could cause compatibly problems if viewed within your ebook.

It would be terrible if a viewer where ready to buy a product based on your recommendation but was unable to because you failed to include this simple step.

Avoiding these 5 simple viral ebook marketing mistakes will greatly increase the profitability of your campaign while avoiding the pitfalls.

Build Your List Fast That Ever

Monday, 14 August 2017

Prevent And Minimize Loss When Trading Forex

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Prevent And Minimize Loss When Trading Forex

How To Prevent And Minimize Loss When Trading Forex

Learn from this forex blog about prevent and minimize loss when trading forex. One of the most popular ways to invest your money in market trading at present is through foreign exchange or forex trading. A lot of people have been enticed by different news and stories about how other people have been able to create a financial gain while trading within the best forex markets.

Along with the promise of being able to make a profit however, there is also the presence of the chance of losing. This is one thing that most people overlook when trading within the forex market. They try to aim high in making a good profit, they often forget to give attention in how to prevent and minimize loss.


Here are some things that you may want to give considerations on in order to minimize the risk of losing a lot from your investments. It would be wise to pay attention to minimizing losses as a part of your plan in earning a profit.

Firstly, you would want to pick the trades that you would participate in. Being able to participate in multiple trades in the forex market does not always equate to a greater profit. In fact, having a lot of trades in the market can also mean multiple risks in losing. It would be much wiser not to over trade and pick the trades that can allow you to earn with minimal risks of loss. Even if you are unable to participate within the market for a couple of days, it would be to your advantage to wait for the perfect opportunity rather than trading with so much with little security.

8 Tips How To Manage Risks In Forex Trading Like A Pro

Most beginners in the FOREX market go for fancy technical and analytical tools right from the start; however, they neglect a very crucial aspect, i.e. money or risk management.

It is fine to learn various trading tools and broaden your chances of success but it should not come at the cost of lack of money management strategy.

The fact of the matter is that every trader is likely to lose a lot of money unless he understands the basics of effective money and risk management. The article shall discuss eight of the most important points to always remember regarding the forex risk management.​


Accept That Chances Of Failure Are Always There:
We all fail in life. We even fail in things we know best. It is important to understand that success in FOREX does not mean not losing at all. Even the best of the trades can go wrong. This fact acts as the foundation of risk and money management strategy. It has implications at so many levels, for example, a trader is unlikely to invest a huge amount of money in a single trade if he is aware of the fact that things can go sour at any time.

Consider Yourself A “Risk Manager”:
Most traders consider their most important job in FOREX to be act as a money maker. In reality, however, your job should be that of a risk manager. It is usually a positive approach to focus on reward rather than risk in life. However, this is an extremely risky approach in FOREX. An absence of risk awareness, even for few minutes, can be damaging for your capital.

Follow The Position Sizing Rule:
No discussion on risk and money management can be completed without understanding the basics of position sizing. Position Sizing is among the most basic and fundamental rule and it should be understood and used by each and every investor. It implies that a trader must be aware of the maximum amount of capital that he is willing to invest in a particular trade (order volume). A trader is more exposed to the risk if he invests more capital for one single position.

Position sizing is important for every trader. It does not matter if you are a newbie with just a few hundred dollars in your account or you are a FOREX giant with few million dollars. Similarly, it does not matter whether you are trading a higher or smaller time frame chart.

TIP: Our useful Forex Pip and Position Size Calculators can be used when deciding what order volume should you place in accordance with your deposit and risk management.

​Greed Is A Curse:
Remember that good old saying “Greed is a Curse”. This is perhaps the most perfect advice for new FOREX traders. Experienced traders are aware about the market and they are less likely to make lame mistakes.

On the other hand, however, newbies are usually passionate about making a fortune in lesser time. You must not forget that no one gets rich overnight.
​Any story you might have heard is either false or a pure stroke of luck. Getting greedy means risking a very big portion of your capital and it is not recommended by any FOREX professional trader.

Understand Hedging And Correlation Techniques:
Detailed discussion of hedging techniques is outside the scope of this article. However, it is strongly recommended to learn some hedging techniques as soon as you enter the world of FOREX. Hedging protects your capital for getting to much exposed to potential risk. Some of the popular hedging techniques include diversification of portfolio and buying currency options.

Regarding correlation - when two currency pairs are closely correlated it means that these currency pairs will move exactly the same or exactly opposite way most of the time. If you will buy the two currency pairs that move most of the time in the same way, it simply means that you are doubling your risks or potential profits. So in general, it is good to know how various currencies correlate to each other - to avoid these situations of doubling risks. When exploring correlation between various currency pairs, can be used.


​6) Always Use Stop-Loss:
A considerable loss can be avoided by setting a Stop-Loss with your broker. Basically, it is an advance order placed with a broker which allows broker to sell any security as soon as the price reaches a certain level.

For example, you have set your Stop-Loss at 2% per trade (this can mean for example 20 pips depending on your order volume / stop-loss needed based on current market volatility). This means that if the price of currency falls by 20 pips from the price where you bought, your broker will sell it. It will save you from incurring further loss if the price continues to fall.

Remember that closing a loss is just another opportunity to open a profitable trade for a better price. However, if you will not close the loss, then there will be no more opportunity to open another trade.

Don’t Overuse Your Leverage:
Leverage allows you to take a FOREX position for a much greater amount than your deposited capital. This is obviously a great way to multiply your profit. However, it comes with severe risk. It is common for new traders to get carried away by over-leveraging their trading account simply by opening too big orders. It is crucial for long term success to understand the true purpose of leverage and respect it by not overusing it. Moderate leverage in general is a good thing, but it has to be used very wisely.

Know When To Get Out:
Another common mistake beginning traders make is they either get out too early from a trade and fail to realize all the potential profit or they wait too long to neutralize the extra profit. As a new trader, you are not expected to learn this trait from the day one as it comes with practice and experience. However, be sure to always learn from your experience and get ready as soon as you can.

If you want to trade successfully within the forex market, it would be best to trade logically. Some people would trade on hunches, following trade news or tips. If you are trading in such a way, then you are not trading but rather gambling. That is not the way to learn forex trading. It would be much safer and profitable to trade with a complete and reliable trading method. This can allow you to plan out when and how you can trade to earn.

Prevent And Minimize Loss When Trading Forex

Wednesday, 9 August 2017

Trading Forex With Candlestick Charts

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Trading Forex With Candlestick Charts

Trading Forex Candlesticks

This forex blog explains trading forex with candlestick charts, what specific candlestick patterns I look for to make some very profitable trades.

What is a candlestick pattern?
In technical analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement. The recognition of the pattern is subjective and programs that are used for charting have to rely on predefined rules to match the pattern.

Candlestick charts are one of the most powerful technical analysis tools in the trader's toolkit. They are also one of the most prevalent. Most technical analysis programs use candlesticks as the default mode of charting. Used correctly, candlesticks can give a signal in advance of much other market action.

There are many Forex trading strategies a trader could use to profit in this business.

The Forex market is the largest financial market in the world and allows traders the opportunity to capitalize on currency trends to yield profits. There are many Forex strategies a trader could use to profit in this business.

Candlesticks in Forex Trading - There are a few things you need to know when trading candlesticks. In my experience, the 15 minute charts to 4 hour charts are the best ones to use when trading candlestick patterns. You must always wait for the candles to complete to make sure the candlestick pattern is complete. Do not guess where the candle will close and try to get into a trade early.

Which candlestick pattern is most reliable?
Top 5 Most Consistent Candlestick Patterns
  • Doji Formations. Doji formations, such as dragonfly and tombstone, are widely regarded as strong indicators of a probable reverse. ...
  • Piercing and Cloud Cover Formations. ...
  • Engulfing Formations. ...
  • Hammer and Shooting Star Formations. ...
  • Harami Formations.
There are many other candlestick patterns, however some are more dependable than others. The ones I use are called engulfing patterns. Specifically "Bullish Engulfing" and Bearish Engulfing". Both of these are reversal patterns and are considered to be some of the most profitable candlestick patterns to trade. When the candle body engulfs the previous candles body, this is called an "engulfing" pattern. Bullish engulfing patterns are found at price bottoms and bearish engulfing patterns are found at price tops.

How to Trade Engulfing Candles - To trade engulfing candlestick patterns, we're looking for an end of an uptrend or downtrend. This does not have to be a strong trend but it does need to have some momentum that appears to be coming to an end. A good indication of a trend coming to an end is when the bodies of the candles are getting smaller in size. That means the momentum may be running out and this is when you should be looking for a reversal in price action. This could also be the beginning of a consolidation period, so we need to be aware of that.

In an uptrend, we look for an "up" candle immediately followed by a "down" candle, where the body of the "down" candle engulfs the previous "up"' candle. This is the setup we want to see so we take the short trade immediately following the close of this candlestick. Next, we count how many pips away the top of the highest last 2 candles are, including the wick, and add 5 pips. This is our Stop Loss. Our Take Profit target should be set to twice this value.

For example, if our stop loss is 40 pips away, then our take profit should be at least 80 pips. Money management/risk to reward ratio, are key in this business. A long trade would be similar to a short trade except we're looking for a downtrend reversal to get into a trade.

You can search around the web for forex candlestick patterns and learn all you need to know about them, but remember there are so many of them, you need to just focus on a few. As I mentioned, the engulfing patterns are some of the best ones to trade so if you stick with those, you'll do very well.

Trading Forex With Candlestick Charts

Monday, 7 August 2017

How I Turn Failure Into Success

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How I Turn Failure Into Success

How I Turn Failure Into Success In Forex Trading

Forex trading. Learn from this forex blog, how i turn failure into success in forex trading. Many people who have not really traded in the market think that forex trading is very simple, it's easy to earn quick money and get rich fast. Well, from my years of trading in the forex market, I can tell you that it's not that easy after all if you do not understand the market well. When I recall the past, I'm happy to say that I was determined enough and did have a mindset for success before I became successful in forex trading.

I think I was like a lot of people before, whenever I saw any forex signals, I will start reacting to it and trade without thinking much... not planning...not strategizing. So I hope you are not doing what I did last time! I understand that some of you might have frustrations now, because those forex system you bought out there doesn't seems to work or if it works in the short term, it does not give the kind of expected results you want in the long term. Many people will complain things like:

- "Why does it seems to work for other people, but I just can't get it right."

- "What's the trick to become a successful trader?"

- "Am I using the wrong set of forex trading strategies?"

- "I'm trying very hard, but I still lose to the daunting forex market!"

Don't worry, you're not alone. About 90% of people cannot win in forex because either they do not have good money management, a proven forex trading strategy, patience, discipline or they can't get past their emotional/psychological barrier.


Other than that, what is stopping you from succeeding is mindset. If you do not have a strong and correct mindset, where do you find motivation and determination to succeed in forex trading? So when you lose a trade, or after a string of losses, you should ask yourself what has gone wrong and you will strive to do the correct stuffs next time round without making the same mistake.

A lot of traders gave up easily just because they lost some trades and think that it's impossible to succeed or they have busted their trading capital. So if you really want to succeed in forex trading, you have to keep a close look on your money management to make sure you have enough capital to continue trading. You must also be patient, give yourself some time to learn and be fair to yourself no one can succeed the first day when he comes into forex trading.

There are 10 cardinal rules in the currency trading that one must follow in order to achieve success. 
They are as follows:

Stay With Your Forex Plan
For anyone to be successful in forex trading they must have a plan and stick with it. Besides your position size, your plan must also include your entry stop loss levels. In other words, you must know exactly when to take your profit and a when to get out of the trade. Having a good plan takes emotion out of trading.

Stay With The Trends
This is not brain surgery, the trend is a forex trend for reason and you should not try to fight it. If the trend shows profit, you get in and take advantage of it and if it shows going short, then you go short. Going against trends is a surefire way to empty out your bankroll.

Capital Preservation Is A Key
Protecting your money is the most important lesson that you can ever learn. Putting too much of your capital into one trade can result in a financial catastrophe. You should never risk more than 5% of your forex account on a single trade. There are many traders who get cocky and decided they can't lose after hitting multiple deals in a row and then dump everything they have into one trade and unfortunately, that is the loser in air out of the market.

If It's A Loser, Get Out
There is no fighting is one. In the forex market you will have some trades go bad and it is expected, but you just need to admit to your losses and get your money working back in other profitable trades. Setting up effective stop losses is a great tool to force yourself out of the trade, without emotions. Where you set these depends upon your risk profile.

Know When To Take Your Profit
Whenever you get into a trade, you should have already decided when you want to get out. Don't get greedy if you hit your point harder than you thought as you think it might go much higher. You may get away with this a couple of times, but it is only a matter of time when he comes back to bite you.

Keep Your Calm
You cannot afford to have emotions during a trading day. Things like greed and fear will influence your trading in a negative way. If you look at any good trader you will see a temperament that will make it next to impossible to figure out if they are winning or losing money on the day. There just isn't any place in the forex market for an emotional person.


Do Your Own Research
Taking advice from a friend or colleague that goes against your forex trading technique is just plain foolish. If you have a forex trading system that has proven time and time again to be profitable, don't try and take a quick fix and jump on someone else's coattails. If this is not an information you have verified, don't follow it. Stick to your own plan.

Keep A Journal
You need to keep track of everything you do. What position you took, why you took it and how the trade went down. What price you bought it and what price you soul that are all things that you want to make note of. In the long run, you can go back and look at your successes and failures and this will help you become a better trader.

If You're Not Sure, Don't Get In
This is something that cannot be stressed enough. If for any reason you have a doubt about a trade, you are better off staying away from it. There are always plenty of opportunities just round the corner as the currency market works 24 hours.

Don't Do Too Much
If you over trade, you may find yourself in a position where you cannot keep track of everything you have going on. Nobody should have anymore than two open positions at one time. You should only enter your second position only if your first position is profitable. Don't think you have to do a trade just for the sake of doing it, wait for the right opportunities.

How I Turn Failure Into Success