Tag Archives: Make Money Online

Finance, General, Technology, The World, Websites

The Emergence of the Social Trader

The Emergence of the Social Trader

Social Trader

 

A lot of the previous blog posts have dealt with investing and how technology and the internet have made things easier for the common woman and man. So it’s no surprise to introduce another concept: The Social Trader.

Social trading is a practice online investors employ to make financial decisions, in which they utilize user-generated financial content from sites such as Profit.ly and Etoro.com. Sites like these help the social trader to analyze financial data by supplying a common ground for copying and comparing trades, strategies, and techniques. Before social trading was possible, copy traders and investors had to rely solely on technical analysis to make investment decisions.  Today’s social trading investors are able to trade data-feeds of social indicators online with other traders.

[7 Best Swap Free Forex Halal Sites]

Social or copy trading allows online trading with the assistance of others. Many social traders claim that this ability greatly shortens the time necessary to move from being a novice to becoming an experienced Forex (Foreign Exchange Market) trader. All foreign currencies are traded in this over-the-counter market, which is the most liquid and biggest world market today. Social traders can watch others take trades, interact with other traders, and then copy, or duplicate, the most successful trades, and in the process learn why top performers choose the trades they do. By using copy trades, a new trader can learn what strategies work or what strategies don’t work.

 

What are some of the key features of social trading?

Transparency – By using trading platforms like InvestFeed or eToro, a social trader can find out the performance statistics of other traders, past and present positions, plus current market sentiment, which allows members all the information they need in order to appraise the site contributor’s credibility

Monetization -The ability to convert an object or asset into legal tender or money. It is possible for copy traders to learn a great variety of data about other users which will benefit them in the long run.

Cooperative trading – Through these online sites newer traders have the chance to work cooperatively in trading teams, pool funds, share information, and divide research up collaboratively.

Information flow – Social traders can benefit greatly by studying information exchanges that flow freely between financial investors. Freely exchanged information is valuable to individual investors.

How does copy trading compare to social trading?

Copy trading capabilities are available with assorted financial trading operators as one part of a bigger social trading platform. Copy trading permits financial market traders to automatically copy any positions that are managed or opened by a particular investor inside the social trading network. A portion of the funds of a copy trader is linked to a copied investor’s account. This means that all trades initiated by the investor being copied, like opening or closing positions, or assigning Take Profit and Stop Loss orders, will then be executed in the account of the copying trader, depending upon the allotted trading funds of the copier and the proportion of the investor’s account that is being copied. Copy traders usually have the right to disconnect from any copied trades and begin to manage these trades themselves.

 

A study of copy trades in 2012 demonstrated that traders who did copy trades on eToro with a “suggested investor” were 6 to 10% more successful than manual traders, and four percent more successful than copy traders of random investors. Research is on-going to fine tune a trader’s capacity to benefit sustainably from copy trading.

Social trading has become increasingly popular. Here is a listing of the most popular social trading networks available today:

  • eToro – This site is a social trading network as well as a broker and focuses on novice investors. New investors like this site’s simple mobile friendly interface A review of eToro can be found toward the end of this article
  • ZuluTrade – This site currently has the greatest number of investors and traders online. They provide complete trade copying plus social interaction capabilities
  • Ayondo – This German based site was the first to offer auto trading to UK customers in order to “spreadbet” Forex accounts. They offer stocks, indices, fx, bonds, interest rates, and commodities
  • Copyop – This is the most advanced and leading trading network for social binary options
  • CM Trading CopyKat – On this site you can copy and follow traders through a special “CopyKat” SIRIX trading platform. Members can mirror trades from everybody on SIRIX
  • Profit.ly – This huge website deals specifically with instructing people on penny trading ins and outs. This site offers email stock-pick alerts, SMS, plus a private chat-room where users can find help. A review of this copy trading site can be found immediately below.

InstaForex Review

Because they’ve become slightly more popular compared to the rest, we shall examine Profit.ly and eToro further:

Social Trading With Profit.ly

Profit.ly was created to introduce accountability, data-driven optimization, transparency and measurement into the world of online trading. Copy trades exist in abundance. However, concerns about stock manipulation as well as industry regulations sometimes prevent affiliates and members from being able to share information openly all the time. For this reason Profit.ly allows investors and traders to make private profiles where they can enjoy total account privacy.

Check the interview below:

This online site has advanced analytic tools which allow social traders to measure their performance, and at the same time make a knowledgeable analysis of which trade setups work the best for them. Traders can choose from various different products that include the capability to track profits, verify trades, get on leaderboards, message and follow other traders, plus view the stats of other traders for $29.95 a month. $49.95 a month allows a copy trader to make a private profile (but you won’t have access to other traders’ stats). The Pro level costs $74.95 a month and includes a private profile, as well as access to the statistics of other traders.

Profit.ly founder Timothy Sykes has made a career of exposing misinformation and fraud in the online guru and penny stock industries. A new feature of Profit.ly is called the “Bernie Madoff“, which allows community members to weed out and expose those traders that are possible liars.

profit.ly
Click image to visit Profit.ly, the Social Trading Platform

Social Trading With eToro

Founded by Jonathan Assia, eToro.com, “the Facebook of trading”, is currently the leading social trade network in the world (excluding the US). More than 5 million investors are using this social investment network. Opening an account with eToro gives you immediate access to CopyTrader, which advertises that members can choose to copy from more than 3 million traders. Once you open an account you can utilize their OpenBook platform for searching top social investors. When a potential trader to be copied is spotted, a user can allocate a part of their funds and begin copy trading. Any information that the copy trader submits is immediately protected by state-of-the-art encryption technology to ensure that your information won’t be shared with any third parties. A new account can be funded with PayPal, Moneygram, or credit card.

etoro forex
Click image to visit eToro, the world’s leading social trading network

One interesting feature of eToro is that if “popular traders” are copied, they’ll be rewarded. Depending on how many copiers a Popular Trader has, they’ll receive monthly fixed commission payments. The topmost “Elite” traders will receive annually 2% of all funds that are under their management, as well as totally commission free trading. In July of 2016 eToro updated their “Popular Investor Dashboard” to include a CRM (Customer Relationship Management System) which enables more interactions between copiers and Popular Investors. There’s currently more than 5 million users on eToro, which appeals to professional traders that are interested in making some extra cash for their trading skills.

To discover more details on the popular Social Trading platform, consider reading the full blog post review on eToro.

Business, Finance, General

Examining The Financial Trump Rally

Examining The Financial Trump Rally

 

Trump Rally

 

 

 

 

 

In the early morning of November 9th, 2016, Trump was declared the President of the United States after Hillary Clinton conceded. For business men and women, especially those in the stock business, this was a defining moment, and as seen with every President, there are economic effects that have to be felt.

 

Within a couple of days, stocks began to rally and the dollar was strengthened to levels that haven’t been seen for over a decade. Trump’s economic agenda might be among the reasons that saw the strengthening of the dollar, or it might be his economic policies that have increased investor confidence.

This effect has now been named after the man to whom it is owed, and it is known as the Trump Rally. No, not the rally as it relates to protests or large gatherings for Trump supporters, but the one in terms of finances.

Lou Dobbs Commentary:

What exactly is the Trump Rally?

The Trump Rally is the positive effect on the economy that the election of Donald Trump as President has had. Just when it was clear that Trump was going to win the election, the stocks fell by about 5% on the evening of November 8th, and a number of people predicted that the market might crash if Trump wins the presidency.

On the morning of November 9th, when Trump was to give his acceptance speech, the stocks were still quite low. However, the stocks rose significantly and by the end of the day, the stocks had not only recovered the losses from the previous day, but they had also risen by 1%. This alludes to the economic policies that Trump has, which are seen to favor investment.

[Donald Trump News For Internet Entrepreneurship]

There has been quite a race in the stock market, and most countries have joined in the rally. Europe has been rallying as well, and the effects seen in most of these markets are figures that have not been seen for a long time. In just three and a half months, the stocks indices have lifted by a whopping 10%, a level that has not been seen in the last thirteen years.

[Forbes: Wall Street-Friendly Era]

The reasons behind the rallying are varied, and everyone seems to have a different opinion. The first speculation is the economic promises by President Trump. These include the promise to cut costs, less strict business regulations and turning infrastructure into a tax incentive. It could also be that the economy is getting better under the leadership of President Trump. Whatever the reasons, a lot of investors are riding the Trump Rally in an effort to increase their profits.

Video Commentary From AvaTrade

How Investors are Taking Advantage of the Trump Rally

With increased confidence in investment, there has been a race to gain using the Trump Rally. Stock rallying has been the method through which investors have been riding the Trump Rally.

The Trump Rally has been characterized by an increase in the purchase of stock. This increase in the stock trading has been as a result of increased investor confidence, which has directly led to an increase in demand for stocks in the market. An increase in capital and investments for companies have been realized, rising to up to as high as $100 million. Shareholders are releasing their shares at very high values, and investors are scrambling to get these shares.

However, there is quite a number of risk associated with the Trump Rally. First, it is not known to be permanent or a temporary occurrence. The investors are mostly dependent on the enactment of the promises made by president Trump, including reduced taxes and reduced restrictions on investments. The fear is that if these promises are not upheld, the investors run the risk of losing the amount of money that they use to invest.

TheStreet Discussion On Tech Stocks:

The other threat is the threat that the market will falter just as fast as it gained. At the moment, the stock market is riding on the crowd effect towards investment. The first person was driven by Trump’s promises, the second person was driven a bit by Trump and a bit by the first person, and now everyone is riding on the high that is the crazy number of investments. The fear of this is that this is a house of cards, and the slightest falter in confidence might lead to a crash in the market, back to the values from before the election, or even lower.

The Role of Online Investing and Trading

Online investment is the buying and trading is the buying and selling of stock electronically, and it plays a major role in everyday investment. You should read this post for further details regarding online investing.

Online trading is important for several reasons. First, online trading can play a role in your overall financial plan. If you buy and sell stock regularly, and you do it well enough to earn you some regular amount of money, you can add it to your financial plan. Secondly, with online investment and trading can be practiced as a side hustle, away from your main job. A knowledge of the stock exchange and trading values is necessary, no other knowledge is necessary.

There are three major ways through which you can participate in online trading. These three ways also are playing a major role in the Trump Rally as well. They are Forex, Bitcoins trading and Penny stocks.

Forex trading is a global market where different countries trade currencies. When visiting a new country, you are expected to use the currency of that country, and therefore, you change your dollars to, say, South African Rand. The amount of money you get when trading while getting into the country may be 13.22 Rand. While leaving the country, you need your dollars back, and while trading, you might be required to give 13.27 Rand for a dollar. This is foreign exchange. On a larger scale, a person may buy and sell the South African Rand, depending on how much it is trading against the dollar.

Foreign exchange can be done online, and in the Trump Rally, the investors have been riding on the strength of the dollar, buying it at very low prices and selling at relatively higher prices.

The role of bitcoins in the Trump Rally, which is traded online as well, cannot be understated. Bitcoin is a digital currency that can be bought, sold, saved and even cashed. During the Trump Rally, the bitcoin has been seen to stabilize due to an increase in investor confidence. Before Trump got elected, the bitcoin was trading at below $1000, but has stabilized and is now trading at approximately $1185.

Penny stocks, also traded online, are stocks with relatively higher risks and higher speculations, and they trade outside the major stock exchanges. They lack liquidity and are mostly traded over-the-counter, even though they are traded online as well. Riding the Trump Rally, investors have been buying penny stocks, due to a relatively safer cushioning. However, most investors have been hesitant, because, either way, penny stocks are high risk.

This just goes to show just how much the Trump Rally has been good to online investment and trading.

In conclusion, the Trump Rally is great for the American market and everyone working in it. The rush for gold is real, and the high demand is great. However, the uncertainties surrounding this rush are just as many, and the best course of action for any investor is to wait and see where this goes, and when there are fewer uncertainties, then invest.

Finance, Technology, The World, Websites

eToro Review The Social Trading Giant

eToro Review: The Social Trading Giant etoro review

 

Here, we’ll get into an eToro review of the largest social trading website in the world. But first, for the unaware, let’s start with the basics.

Social Trading Platform

Social trading is the process via which investors use online data and financial content sourced from a multitude of web applications as the main source to drive financial decisions. Etoro introduced a new way to trade on the internet. In 2010, the company launched OpenBook, which is a crowdsourced investment platform. Using this platform, it is possible for first-time or inexperienced traders to copy the transactions of top investors in the foreign exchange marketplace.

 

Comprehensive eToro Review Video

 

EToro Revolution

EToro is widely considered the first and most advanced social trading platform. Subscribers have an immediate in with a community of experienced traders, as well as a social network within the investment world. EToro provides all the tools needed to trade in the modern marketplace. The platform enables you to:

  • Perform retail trading on the open market
  • Observe the other traders and copy their transactions
  • Use Copy Trading feature on the platform to automatically duplicate all trades made by your selected traders you choose

How it Works

EToro compiles the activity of all users and shares it with the entire community. This works like a financial transaction social network. Users can even like, comment and share on a user-generated feed.

Every trader gets assigned a public profile, which is open for consultations. Your performance is public and everyone can follow everyone else and replicate them.

EToro’s Performance Data

Once you’ve found a Professional Investor you want to copy, just click on their name. This brings up their profile, portfolio, stats, open trades, even their history and investment friends. This screen displays live trading feed of the trader. You have access to each live trade and any comments from other social traders, some of whom openly discuss their own trades. This is a tremendous opportunity for newcomers to learn the lay of the land.

EToro is second to none when it comes to the ability to quickly share information. Every investor can follow selected traders without copying trades automatically.

Video Example of Copying Top Traders

 

Markets Section

EToro Markets displays all products, such as currency pairs and stocks, that can be traded via CFDs (contract for difference, a contract between a buyer and seller that pays the current value minus the value at contract time).

Copy Trading

Generally, CopyTrader is an eToro tool that allows subscribers to choose a trader to copy and select an amount to copy for investments. You can watch how your account performs using this strategy. Here is additional information to consider before trying out this feature:

  •  Minimum investment is $100. Maximum investment is $500,000.
  • You can follow a maximum of 100 traders.
  • Minimum amount for copying is $1.

EToro Search Feature

This functionality lets you search for people or stock symbols and returns information on trades pertaining to the search criteria. The Top 100 traders, holding the most profits realized in the current week, are displayed. Here, you can review 10 instruments (indices, currency pairs and commodities) that they are trading at the moment.

EToro Advanced Search

Advanced Search filters on eToro help you figure out your favorite traders. The feature includes a risk level filter. You can search profiles by Average Position, Weekly Drawdown, Gain, Leverage, Winning Weeks, Win Ratio, Exposure and Min. # Trades.

social trading platform
Click image to browse eToro’s Social Trading Platform

Tips for Investing on eToro

  • Don’t always pick traders with the highest returns. Opt for frequent investors over “one hit wonders.”
  • Look for consistent, long-term returns, say 10-20% over the past six months.
  • To start, be conservative. Take advantage of the filtering tools to find traders with low-medium average risk
  • Diversify your investments over a bunch of traders; you can follow up to 100.
  • Etoro has real-time stock trading, and many investors who hedge and invest in forex and stocks simultaneously have more reliable long-term performance.

EToro Pros and Cons

Here are some great things about EToro:

  • Has tight fixed spreads
  • Guarantees stop losses and limit orders
  • Does not charge trade commissions
  • Available in four languages
  • Trade in Bitcoin currency
  • Price alerts
  • One click trades
  • Automated trading
  • Islamic and Arabic friendly

These are the cons:

  • Inactivity fee if not active in one year
  • Currently not available for United States citizens
  • No direct market access
  • No scalping
  • No VPS services
  • Charges fees to deposit and withdraw funds

Basically, eToro simplifies the amount of analysis that you have to do as an investor. This is a tool that lets you invest without siphoning through endless graphical performance data.

Some Attributes of Worthy Traders You Should Copy

  1. Their profile feed includes posts that demonstrate market knowledge
  2. Have low drawdowns (how much they’ve been down this week or month) under 10 percent.
  3. Consistent investment won’t have ridiculous returns in a short period of time. Look for long-term consistency, because these are sustainable without being reckless.

Islamic Trading Account

Islamic law forbids usurious interest rates in lending or borrowing money. This includes stock exchanges. The requirements to prevent Riba (usurious lending) include:

  • Stocks must be bought and sold without delay
  • Monies for each trade must be paid for upon the time of the transaction
  • Currencies should be directly moved from the seller’s account to the buyer’s
  • There can be no interest on any trades.
  • If any indication of usurious interest is detected, the contract is void as forbidden (Haram).
islamic forex account
Etoro – Available for opening an Islamic Forex Account. Click image to view site in Arabic

To resolve this issue, a trader can buy as much as his current balance allows or borrow from a broker, who cannot receive any usurious interest rates on the transaction. Also, no interest can be obtained from contracts ongoing for 24 hours or more, which means that the daily rollover of interest has to be zero on a consistent basis.

[A List Of Other Forex Halal Sites Here]

Conclusions

The eToro website is dynamic and easier to use. Looking back through old reviews, it is easy to see how much they evolved and are still evolving. As the first and still premium social trading platform, they have set the bar high and rising. With easy to understand interfaces and constantly advancing tools, this site is an easy “Yes, please.” Starting risks are very low; you can join for $100 and, as long as you make one investment a year, there are no transaction fees.

It is great that they have an Islamic account that respects the Islamic culture in a very straight-forward way. That kind of forethought attracts diversity, which can only improve the social investing gene pool, in my opinion.

One thing I did not see anywhere was the risk of heavy investors manipulating trade. It seems to me that it would be easy enough to band together a with few super investors and create some real chaos. It apparently hasn’t happened yet, so, for now, I am going to enjoy my relatively new eToro count and see how well my performance tracks against my advice.

social trading
Click image to visit eToro, the largest social trading platform
Business, Technology, Websites

Discover How to Make Money with Udemy

Discover How to Make Money with Udemy

How to Make Money with Udemy

 

One cool way of earning extra income is through learning how to make money with Udemy.

Udemy is perhaps one of the best opportunities out there for earning a decent online income. You can make money by teaching almost anything on Udemy. It’s an online community that makes it possible for people to post training programs on their website, for the benefit of learners all over the world.
The learning programs on Udemy are a mix of serious, educational, fun and entertaining. There’s a potential for a lot of money to be made for those posting in the educational segments.

Udemy was only introduced in 2010, which is not so long ago, but already, it has become the most well known names in online education. You will not only be able to pick up new skills on Udemy, you will also be able to make money by teaching other people the new skills that you’re good at. In this post, we discuss how to make money with Udemy.

 What are the popular courses for how to make money with Udemy?

 

You can teach just about anything on Udemy, but the most popular categories are Technology, Sports and Games, Crafts and Hobbies, Business, Health & Fitness, Design, Arts & Photography, Math & Science, Lifestyle, Music, Humanities, Social Sciences, Languages and Education.

Technology is by far the most popular category. There’s a lot of demand for programming languages such as C, C++, Python, Java, etc. There’s a lot of demand for algebra and calculus courses as well. There are also courses that teach you how to start a small business. In all, there are over 21,000 courses that students can choose from.

How to Make Money with Udemy

How to get started making money on Udemy

Anybody can start a course on Udemy. You don’t need any special training or degree as such, but you will need to be an authority in your chosen field. Otherwise, nobody would buy your course. Teachers generally do well here, as they have a lot of experience.
Udemy provides plenty of tools and resources to help you get going, such as:

  • A free online training program
  • Course design and development support
  • A round-the-clock support
  • Mobile App
  • Course Management Tools such as Course Tracking
  • An unlimited number of video uploads
  • Special discount coupons

How to create a course on Udemy

Creating a course on Udemy is quite easy. You will need to plan the course first, then create the content for it. Next step is to follow the instructions to publish the course online at Udemy.

Following that, you will need to invest time and effort on marketing the course. You can promote the course on the social media, on online forums, on authority blogs, video channels and by using pay-per-click advertising.

So, how much money can a trainer make on Udemy?

Udemy allows trainers to keep 70 percent of the revenue generated by them. The best way to make money on Udemy is to teach others what you’re really good at. You are allowed to set your own fees for your courses. You can set the course fees as high as you like, this is entirely up to you.

Most Udemy trainers make $7,000 per year on an average. This represents a continuous stream of income as students join the course at any time. There’s a lot of potential for big money to be made. Some of the popular trainers even make a six-figure or seven-figure income.

You can expect to make anything from $10 to $30 per hour on your courses.

Business, General, The World, Websites

7 Best Swap Free Forex Halal Sites

Best Swap Free Forex Halal Sites

 

forex halal

Traditionally, Muslims were not allowed to participate in Forex trading. Because they charge overnight swaps, the standard Forex trading sites tend not to be compliant with the Sharia Law. For this reason, and more, Islamic (or Halal) accounts are provided by some specific brokerage sites.

These accounts are specially designed for those unwilling to either pay or receive interest fees resulting from their trading activities on a daily basis. Aside from this, Halal accounts do not pay interest on their deposits into the Forex brokers. This is because some brokers offer bonuses and balance top-ups to their members whenever they make a deposit. Simply phrased, Halal accounts are the same as your standard Forex trading account, the only difference being that the Islamic accounts do not offer interest payments or interest fees. Detailed below is a list of Forex sites that offer the option of Halal accounts to their customers with no rollover charges.

[Wall Street Laptop: The Future For Investing Online]

7 Websites For Forex Halal Islamic Accounts

Grand Capital – With allowed hedging, a minimum deposit of $100 and a leverage of up to 500:1, Grand Capital guarantees no losses to its traders when they transfer their positions through to midnight. This broker has more than 350 trading instruments for you to choose from. Grand Capital offers security for your funds by implementing a two-factor authentication after you open your account with them.

They have convenient and ranging deposit options for you to use. Once this is done, you can start making a profit which is available for withdrawal at any time. They are flexible, efficient, fast, and offer multicurrency accounts to their traders.

IQ Option – With a minimum deposit of $10, a 91 percent payout rate, and availability of a demo account; IQ option is a good choice, especially for binary options traders. In the past, this broker has been thought to be a scam, but this is far from the truth. They have a wonderful trading platform, but what makes them stand out is their robot builder feature. This broker, although great, offers fewer trading commodities and not for United States residents. They, however, have a full range of stocks including gold and oil.

XM – The XM forex account is considerably different from other accounts provided by other Forex brokers. As mentioned, most brokers look for alternative sources of revenue by widening the spread on Halal accounts (the XM spreads are at 1.9 pips). This is not the case with XM; this forex broker requires no additional charges on the part of their customers.

The logic behind this is that Muslim traders are forbidden by their religion to pay interest. This is swap-free trading. However, if the interest charge is simply transferred to another type of fee, then it is essentially still there and was never taken away at all. This is swap-free trading in disguise. XM is one of the few forex brokers that is fair and ethical in its ways.

In just three steps, you can open your account at XM and start trading. You will be able to hold your position with no time limit, no up-front commissions, and certainly no swap charges on your overnight positions. XM will offer you real-time market execution, a leverage ratio of up to 888:1, no hidden costs, a minimum deposit of $5, and no re-quotes. You will have access to multiple trading platforms and a dedicated customer support teams to help you in all your trades. The good news is, you will be able to do this within the bounds of Islam.

FX Primus – This broker requires that you deposit at least $100 to start trading with them. The leverage offered here goes up to 500:1. The broker allows hedging on its trades. They offer fast deposits and withdrawals with 0 percent fees, 24/5 live chat customer support, and spreads as low as 0 pips. This broker offers a safe and regulated place to trade. Here, you can be sure of deep liquidity, great trading conditions for you, and no requotes. There are also numerous options for depositing and withdrawing funds from your account.

Etoro –This site has been rated among the top 50 brokers and was found to be one of the best by TheFXView.com. The minimum deposit of $1000 is a bit high, but Etoro is 100 percent compliant with Sharia law. There are no swap fees, and the thousands of Muslim clients can attest to the rest of its advantages. The broker trades in a wide selection of markets including but not limited to stocks, commodities, Indices, Currencies and cryptocurrencies.

With it, great spreads- 2 pips- Etoro has an even greater social trading platform dominated by thousands of successful traders. They even offer the site in Arabic for those traders that prefer it. You can open a demo account to try out the site before you decide to open a real one.

Ava Trade – The minimum deposit at Ava Trade is $1. With markets in FX & Commodity, bitcoin, stocks, and indices and bond CFDs, this Forex broker will offer you a leverage of up to 400:1 with a typical EUR/ USD spread of 3 pips. On request, you will get an Islamic account that permits scalping, hedging, trailing stops, and integrates expert advisors to help you make investment decisions.

Forex Islamic Account

The conditions here are decent with only a few limitations being imposed on the traders. So far, the wider spreads here is the only thing making this site lag behind; otherwise, Ava Trade deals in the most profitable instruments and gives all its customers a fair chance to make profits. If you wish to trade in a wider range of instruments from one place, then this is the broker for you. Their customer support is always alert and always helpful. You can start by opening a demo account to try out the site. With its solid license, the broker will ensure your trading is secure, but not easier.

InstaForex – On this site, you can convert a regular account into a Sharia compliant one as soon as you place a request. Even after switching from the standard account to a swap-free account, the trading terms remain. The least amount one can deposit is $1. The broker, aside from allowing hedging, also allows its traders unlimited time to carry their positions. The leverage here is up to 1000:1.

You get to trade on any currency pair without losing or gaining any amount of money despite the position volume you hold. InstaForex also offers you a chance to extend your swap-free account and open a live trading account. All you have to do is contact their customer care department. The trading instruments offered by this broker are wide- 107 currency pairs, 200 CFDs on U.S. shares and ECN broker services. The broker does not require its traders to have spread so as to trade in the money market. This more than doubles your opportunities to be a successful trader.

Things To Consider In Conclusion About Forex Halal…

Halal accounts have a lot of benefits, but this does not mean that they put you at an advantage over their traders. Additionally, it’s always important to note trading comes with its fair share of risks. Some brokers look for other ways to make revenue aside from charging interest. You may find that some accounts have marginally wider spreads, while others require their customers to make higher minimum deposits. Therefore, choose your broker carefully and ensure you select one that suits you perfectly.

See Also:  Swing Trading Stocks for A Living: Jason Bond Picks Review

Business, General, Technology, Websites

Selling Domain Names For a Living

Selling Domain Names For a Living

 

Selling Domain Names For a Living

 

Selling domain names for a living, or domain flipping, as it is called, is a surprisingly lucrative thing to do. But it’s not as easy as you might think. For sure, domain flipping is much easier than building a website from the scratch.

The idea is to buy domains and sell them at a higher price to make quick money. How much money, you ask? Well, luck plays a big role here, so there’s no way to tell.

Domain selling with Jamie Lewis of Domainer Elite

You can, for example, buy a domain name for $250 and later find out that there’s a company that wants it real bad, and are willing to pay you $30,000 for it. This is known to happen, so the possibilities are limitless.

Selling Domain Names For A Living Isn’t A Get Rich Quick Scheme

But you could also end up buying a domain name worth $500 and have no buyers at all. So it’s not as easy as you think – domain selling requires a fair bit of research and experience. It’s so easy for a newbie to get sucked into buying a domain that nobody wants.
As long as you stick to the principle of buying low and selling high, you should be okay. You should aim to make a 100 percent profit with every domain name you buy. So, if you buy a domain name for $500, you shouldn’t rest till you’re able to sell it for $1000, at least.
So where do you buy domain names? You can buy unregistered domain names on sites such as GoDaddy, NameCheap, Google Domains or Gandi.net.

Domainer Elite

[Best Affiliate Marketing Business Opportunities]

You can buy domain names on many online forums as well, where you will find a number of domain name sellers like yourself. But be careful here, there’s always a chance of getting sold a lemon here – the domain names available here could be really useless or it could be priced too high.

Online auctions at domain clearing houses such as Flippa are the best way to buy domain names. Here, you will find a lot of unwanted domains which people fail to renew for some reason. So they offer such domains to Flippa, which auctions them off for a reasonable price to the public.

Sell Your Domain

 

The best domain name flippers can be found here, and there’s always a chance that you could land your hands on a real multibagger. The bids start at $69 and can go up from there, depending on the level of competition.

You can also find the latest information on upcoming domain name auctions at http://www.tld.org.

Of course, the key to earning a hefty income from flipping domains is to find domains that are in demand. How do you do that? Once you identify a domain name, do your research on individuals or businesses that have similar domains and might be interested in that domain.

You will need to make educated guesses here, and if everything goes right, you will find a buyer almost immediately and will be able to flip the domain fast.

This is something that comes from experience. Every time you buy and sell a domain, you will develop a feel for it and will get better at it. There will be plenty of occasions when you will fail to make any money from a domain. In that case, don’t get disheartened, just move on to the next domain.

There are many domain name sellers who make a healthy six-figure income from this business, working their way up the food chain, having started from absolutely nothing. There’s no reason why you can’t make a decent living from selling domains as well. Go for it!

Business, General, India, Technology

eCommerce Tips for Indians

eCommerce Tips for Indians

eCommerce Tips for Indians

What differentiates a successful eCommerce venture from an unsuccessful one? How do you get more customers and grow your business faster in India? Why do Indian eCommerce ventures such as Flipkart.com, Snapdeal.com and Healthkart.com have succeeded, while so many others have failed?

If you’re thinking of starting an online store in India, the eCommerce tips for Indians given here will be really useful to you and help make sense of the questions raised by us.

It’s All About the UX!

Essentially, all the eCommerce tips for Indians given here relate to User Experience or UX. It is the UX that determines if an eCommerce venture succeeds or not. To understand UX, it is important to know how UX is different from UI or the User Interface – which is the website design.

UI may be compared to an attractive car which looks great, with all the bells and whistles. UX is what drives the car – the functionality and the usability. So, as an eCommerce venture, your success will largely depend on the functionality of your website – how well the payment gateway works, if the items are displayed well enough, whether the navigation functions smoothly enough, if the user review section appears authentic and so on.

[Udemy India: Democratization of Learning]

Who are Your Customers?

Your customers – who are they? Are they men, women, college educated, higher, middle or lower income, are they from metros or are they from small towns in the hinterlands of the country – these are questions every eCommerce venture in India grapples with. It’s hard to know who your customers are in a country like India, which has 1.2 billion people with the sort of diversity that is not seen anywhere else in the world. But you should have some idea of your target customer, what motivates him or her, their passions, interests and dreams. What are they truly looking for and how can your business provide them the value they seek for their money? This is something you should think about very deeply.

Udemy- Online Courses

What Do You Aim to Achieve With Your Venture?

So how would you like your eCommerce venture to look like 2 years from now? What are the values you consider to be important and how can you make sure that your business will hold on to them? There is nothing about the eCommerce business in India that is for certain.

[Flipkart vs Amazon – Let the Games Begin!]

Companies such as eBay, which essentially began the eCommerce revolution in the country have lost out because of a failure to stick to the values that made them popular in the first place – such as great customer service and giving sellers the importance they should be given.

Others like Flipkart held on to their core values, which has led them from success to more success. Companies like Amazon have come to India with a plan and a definite goal, which is why they have had such a great start to their campaign so far.  So what are your plans with your venture?

What’s Your Marketing Strategy?

Most ambitious eCommerce ventures in India spend over one-third of their budgets on marketing. Some spend millions of dollars on TV advertisements, even hiring Bollywood stars and cricketers. Now, this is often a hit and miss strategy. If it works, it does get the eCommerce business a lot of attention and will boost the incoming traffic to their sites by a considerable extent.

But if the advertisements fail to get the public excited, it only means a lot of money down the drain, and possibly the end of the venture. It’s far better to grow gradually and affordably, through Pay-Per-Click advertising and word-of-mouth publicity, rather than to burn your fingers trying too hard to succeed in the shortest time possible.

Getting Your Customers Involved in Your Business

The best eCommerce ventures succeed because they get their customers to get deeply interested in what they do, talk about their services on the social media with their friends, check out the latest deals on a regular basis and be a part of its success. Flipkart succeeded because it built a strong and loyal customer base, people who were never really used to buying online before and found Flipkart to be a safe, reliable and fast way to get what they wanted.

Flipkart’s customers were happy enough to review the products bought by them on Flipkart’s user review section, led their family, friends and colleagues to the website as well, and became integral to Flipkart’s rise. It became cool to shop on Flipkart. While Flipkart’s success is not easy to replicate, there are certainly many lessons to be learned from its success.

Business, General

How to Start a Food Blog and Make Money

How to Start a Food Blog and Make Money

 

How to Start a Food Blog and Make Money

 

Food blogs have become hugely popular in recent times. But is it really possible to give up your usual 9-to-5 grind, start a food blog and make money from writing about your favorite dishes? Yes! As previously stated, there’s power in blogging for income. Read on to find out how to start a food blog and make money.

Step #1: Start The Blog.

It’s time to start the blog. Get a domain name (GoDaddy sells the cheapest domain names) and sign up for web hosting (HostGator is a good option). Once that’s done, you can go ahead and install WordPress for free. Now, look for premium WordPress themes for food blogs. You will find many at Theme Forest.

[See this post for a domain name idea]

Step #2: Plan The Content

Start planning your content. You will have to do a fair bit of reading and do your research on healthy and sumptuous dishes that people love and want to know more about.

People generally want to have great food, but don’t want to spend too much time on its preparation and would like the ingredients to be reasonably priced and easily available. Those are the dishes you should cover with your blog.

You can have your own specialty or cover a range of cuisines, and create a special weekly recipe for the blog. You will need to learn to take great photographs of the dishes with your iPhone or with an advanced camera.

Step #3: Driving Traffic to Your Food Blog

Attract your audience with a Facebook page. Additionally, you should use a combination of social media advertising and Google AdWords to drive traffic to your blog. You should start by sharing photos of your dishes on photo sharing sites Instagram and Pinterest to drive traffic from them.

You should shoot videos of yourself cooking special dishes and share them on YouTube, with a detailed explanation of the whole process. Writing eBooks and selling them on Amazon is another great way to drive traffic to your site.

Step #4: Monetize The Food Blog

There are several different ways to monetize a food blog. You can try your hand at affiliate marketing, which means marketing products belonging to a different company on your blog, leading your visitors to the product page on the seller or manufacturer’s website where they can make the purchase, in return for a commission on every sale.

You can market the equipment or ingredients used to make your dishes for example. You can review various different types of blenders or write about the various health benefits of the ingredients. You could also review various cookbooks and diet books on ClickBank.

Don’t forget to lead your visitors to a link to an appropriate page on your affiliate network – which could be Amazon, ClickBank or something else. When they buy something, you make money. Your commission could be anything from 8% to 45% on each sale.
Other ways of making money from your food blog include selling advertising space on a pay-per-click network such as Google AdSense, or BuySellAds.

You can place ads from a local restaurant or food store on your blog for a fixed monthly fee.  Another popular technique is to sell an eBook with dozens of recipes for $5 or more on your blog.

Final Thoughts – How Much Money Can You Make as a Food Blogger?

The possibilities for making money from your food blog are limitless. There are many food bloggers that make $10,000/month or more from their blogs, just by following their passion, using some of the advice given here and developing a dedicated readership. Are you up to the challenge? Start a food blog, give it your best shot, you never know what could happen.

 

Business, Technology, Websites

Swing Trading Stocks for A Living: Jason Bond Picks Review

Swing Trading Stocks for A Living: Jason Bond Picks Review

 

 

Thanks to the Internet and modern technology, many people are now swing trading stocks for living. So it’s obvious affiliate marketing and eCommerce isn’t the only ways to generate an income via the internet.

First, What Is Swing Trading

Swing trading is a branch of trading that many on Wall Street use. It falls in between day trading and the buy and hold method. With buy and hold, the strategy is a long term position for at least a year. Swing Trading Stocks for A Living

 

 

 

Day trading takes into account a style of trading with less obligation. It takes a short term position when buying and selling. That short term can be for a couple of minutes or a few hours.

Day trading rarely takes a position that exceeds 24 hours. It’s a trading approach that takes into account a longer position.

But trading no longer than a couple of months is swing trading. In swing trading, positions are speculated on like any form of stock trading. The indicators are slightly different and therefore rely on different tools.

Most swing trading regards charts and analytical data from a fundamental view. It takes into account the typical formation of a stock chart. When stocks gain value over time, the chart portrays a specific pattern many traders know about. It’s clear when increases occur over time, they create a steady pattern. That comes because the daily, weekly or month fluctuation can be tracked.

It’s these differences that swing trading invests in. Professional traders in this field do it by watching patterns. One major pattern of a rising stock is the staircase formation. This is the major trend of a healthy stock as it goes upward. The price rises. But in usual fashion, there are times when those trends slow in a quick decrease and rally up again.

Swing traders work hard to catch the trend as they’re rising again. It’s done with the predictability of stock trends. Since the staircase is a common pattern, pro traders know special stocks rally up after a quick drop.

Among those pro-swing traders are Jason Bond

 

Though Jason began as a teacher, he now works self-made as a swing trader investor.

His track record is impressive. His advice has made a collective millions at a time. Jason Bond is hailed as a great name but an intelligent investor to also prove it.

The Internet and the Role It Plays In the Investment World

Online access redefines everything we once knew about investing. Every human with access to the Internet has the power to start a million dollar fund. Right this moment. Nothing is in the way. The same access grants investors from all over to connect. This connection lets others make money alongside a pro trader.

Traders like Jason Bond…. 

Accounts on the digital Web enable faster communication, better tracking, quicker updates and a low cost to do any of it. But this won’t be all we have to say about Jason Bond and what the Internet did with our ability to share knowledge. Here’s a quick overview of his known successes and where he comes up short.

Swing Trading Stocks for A Living: An Overview of Jason Bond Picks

Subscribers with Jason Bond agree to having top advantages with the template they get on buying and selling stocks. Here’s a track record that shows satisfaction and qualified advice. All of it affecting the fortune of others. These templates that Bond himself distributes manages, executes and completes stock transactions as a service.

As a fundamental entry into Jason’s consultancy, readers get personal email communication with the investor. It couples with timely response. Very few who get a start in trading have direct access to a pro investor.

This one has a solid reputation on Wall Street. The investor leaves his entire portfolio open to members also. It reveals every won and lost had over a career in stock trading.

[Wall Street Laptop: The Future For Investing Online]

Subscribers are granted email and text alerts as solid trades hit the market.

Jason Bond Opt In Page

Others often use a live chat service that we’ll cover soon. Having membership with Bond connects you to other financial opportunities also. You’re not just limited to stocks. Subscribers are making money with affiliate programs at this moment, and you can too.

 Warning!

We don’t just want to paint a pretty picture about Jason Bond though. He’s like any other successful trader with a track at Wall Street. Some days, the odds don’t work in his favor. You can call him and his operation human for that error. Like pro investors, sometime money is lost.

[7 Costly Mistakes New Traders Make- Jason Bond]

But look over the past 5 years. See Jason’s record of beating the market and staying ahead in the end. Losses have to be made, sure. But they don’t have to be overbearing.

There are important tools Jason uses to communicate with for eager learners. Once being an educator himself positions Jason as a perfect candidate to teach. You can expect these tools to better inform and get users started in the money making streak fast.

Weekly E-mail Newsletter

This weekly newsletter has informed readers from as far back as 2010. Though weekly information is sent, there are bonus options for monthly updates of strategies and insights you have. This is a fundamental step to getting ahead on the market. You do it by listening to those qualified to do that job.

Bond Picks Sign Up Page

Registration for the newsletter sends out updates on trading advice. All of them are released by the investing co-op. Subscription to the weekly release gives readers an open platform to learn with. The forum is packaged with special add-ons too. They’re the Basics of Swing Trading DVD, Bond Long Term, Bond Short Selling and a special Wealth Movement Mentor Initiative.

Jason Bond Picks
A Good pick could render a fruitful find!

Now is where you cover other areas to increase your stock wins. This second part improves your connection with a real-life Wall Street trader. These are scheduled live-chat sessions. The objective is timely advice and live streaming.

Scheduled Live Chats

Chat is a fast step to generating quick updates on trades and what’s happening in the market.

It happens live and during optimal trade times. The moderators for this forum are traders also.

They work with Jason Bond and support his trade positions. As moderators, Matt Galpin and Luke Murray hold fast to rules that manage the chat forum. Announcements on trades, shares or archived information are posted daily.

The guidelines for chatting are listed.

Failure to follow rules will lead to a ban from the site. Stay updated on rules and shared strategies at the forum for your best advantage. These trades are in real time, and you can make the same ones yourself. Being fast to act is optimal as information comes in live. It’s used by Jason Bond and his moderators every time.

Access live weekly chats here

More To Learn For These Features and Benefits

Private members get direct access to the investor while onboard. Emails are responded to quickly. There are few opportunities that direct you to the actual source this way. This opportunity is a rare one. It puts you right at the level of a professional succeeding in the stock market.

There’s a learning database where you master the knowledge yourself. A connection with Jason Bond puts you in position to master trading and still use the advice of a master trader.

So sign up now.

See what it’s like. Jump into the investment portfolio the world always talks about. Be one of the few who actually lives it though.

This is your jump start and your new beginning. Sign up now and get it all started.