Additionally, there’s Maliah Michel, most known as a dancer who’s received a number of mentions from Hip Hop artist (Drake, Rae Sremmurd, 2 Chainz, The Game).
The curvy Hip Hop model has over 35 thousand likes from her Fans page (at the time of this writing). Compare that to Rissa2Cute, who, at the time of the writing, has 26 thousand likes.
Many social media models can monetize their influence online using selfies from a simple mobile device.
Of course, not all users offer risqué content. Different influencers represent other categories. For example, Jane Kim Fitness offers exclusive personal training tips.
Secondly, Kimberly Caines creates content on beauty, fashion, and fitness. She also generates a significant amount of following from her blog, BFF With Kimberly.
Conclusion
Finally, as indicated from a previous post, Best Affiliate Marketing Business Opportunities, videos are becoming an increasing part of our internet experience. With YouTube, Facebook Live, etc leading the charge, it appears the trend isn’t going anywhere soon, if at all.
And because of NSFW video and photo content, social media sites like OnlyFans have provided members what they want to premium subscribers.
Are you a fan of a particular online model or entertainer? Or maybe you’re the influencer? Consider signing up for an account.
Are you interested in still cryptocurrency investment? How about scrypt asic currency mining? Currently, Bitcoin is a hot potato. It is among the most sought-after cryptocurrency products worldwide.
Anyway, many people do not know how to venture into this vastly profitable business. If you are interested in investing in cryptocurrency, then consider yourself lucky.
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Asic Miner
How Does To Start?
1. Get A Mining Rig
Bitcoin mining has become very competitive since its demand is enormous and growing. To start off, get a bitcoin mining calculator. Enter the data of the Bitcoin miner you intend to buy. This gives you a projection of the profits likely to be realized and the duration. Go through various Bitcoin mining hardware reviews from Amazon.com to choose a suitable one.
2. Get A Bitcoin Wallet
Bitcoin is an Internet-based currency, so you’ll need a place to keep your Bitcoins. This is what your Bitcoin wallet is. Subsequently, get a wallet address, a long sequence of letters and numbers. It is worth noting that the address is public. You may sign up here to acquire one.
3. Find A Mining Pool.
A mining pool is a group of Bitcoin miners that combine their computing power to make more Bitcoins. It’s advisable that you don’t do it alone because Bitcoins are awarded in blocks, usually 12.5. You can’t quickly get these alone unless you’re fortunate and very hardworking.
When choosing a mining pool to consider the following:
• The Method of Reward: Is it scoring based, proportional, pay per share or any other way?
• The Charges for mining and withdrawal of funds
• The frequency of the blocks (being rewarded)
• The process of funds withdrawal
• The Stability of the pool
4. Get A Mining Program For Your Computer
You’re almost there, ready to mine. At this point, you will need a mining client on your computer so that you’ll be able to control and monitor your rig. Many mining pools have their software while some don’t. In case of the latter, you can check out different mining software (BFGMiner, 50 Miner and much more.)
5. Start Mining
With everything set, you need to do is connect your miner to a power outlet and start. Of course, you ought to connect the miner to your computer (mostly via USB) and open your mining software. Enter your mining pool, username, and password, mine!
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Pros and Cons of Solo Mining
If you want to venture solo, you need a few tricks and risks to avoid. It’s an investment, and you need to make profits.
Pros
• If you find a block, 99.5% of the block reward is sent directly to your address; you share it with nobody.
• There is no need to log in and input all those details, for instance, passwords, withdrawals, authentication or pool wallet hacks.
• You remain anonymous apart from your Bitcoin address. All that you confirm is that you’re mining to your address. Cons
• If you do not find a block, you do not earn. Why? Unlike in a pool where a pool member may find a block, and all members get a share; going solo does not have the advantage.
Pool mining has its benefits and flipside.
• It generates steadier income as compared to solo.
• It can generate 1-2% higher income (before any charged fees) because of the long polls providing the pools. Factors to Consider when Purchasing Mining Rigs
In mining Bitcoin, you need miners commonly referred to as mining rigs. There are factors to consider before settling on a particular miner.
a) Hash Rate
This is the speed at which the miner can perform mining calculations. Device performance is measured in Terahashes for every calculation executed per second. The count gives you a rough estimate of the machine performance.
b) Electricity
Electricity consumption is also something you should consider before settling on a machine. Unless you’re going to get electricity for free, the power consumption of a rig should not be too high as it will cut your profit margin. c) Device Cost
One of the most important figures is the cost of the machine you intend to purchase. Pre-manufactured rigs cost between $500 and $2,000, depending on the performance and whether it’s new or second-hand. d) Time and Maintenance
Bitcoin mining takes time. But before mining sometime is taken in setting up the machine, and maintaining them throughout the entire process. Just like any other machine, parts can malfunction, and as a result, Bitcoin miners need to replace them. Fans are often replaced.
Aluminium 6 GPU Mining Case Rig Open Air Frame for ETH/ETC/ZCash
6 GPU Miner Aluminium Stackable Open Air Mining Case Computer ETH Frame Rig for Bitcoin Miner Kit Unassembled Ethereum
GekkoScience Compact USB Stick Bitcoin Miner 8gh/s (May or may not be available as of the date of this writing)
Gridseed Blade Scryptic Asic
Scrypt Asic mining is the talk of the town among the tech savvy and novice investor alike!
Other Mining Rigs (Some may be hard to find online as of this writing)
DualMiner USB 2 Gridsed Litecoin, Dogecoin, Scrypt Miner
ASCIMiner Block Erupter
Gaw Miners Fury
GridseedASIC Miner for Litecoin and Bitcoin Mining
Conclusion
ScryptAsic currency mining remains a lucrative venture, but it needs time, dedication and teamwork. Although many of the products mention may come up unavailable, there are several other options to choose from on Amazon.
As mentioned earlier, making a kill as a solo miner is not an easy task. If you’re considering the venture, follow these steps, and you will make it.
As you may know, I’m a strong advocated of blogging. It’s a powerful tool used to attracted large audiences of every niche. There’s also monetization benefits too!
I’m also a proponent of social media. Working towards growing a dedicated following on popular social platforms may prove to pay off.
For many new comers attempting to drive traffic to their websites, they may face the challenge of competing against more established sites with high Domain Authority.
With social media, this gives users a chance to build an audience.
She went with celebrity blogging in spite of the naysayers. Several opportunities for bloggers are becoming competitive. Find creative ways to stand out.
She valued her first 3,500 followers and engaged with them as a way to connect with them.
She leveraged her following base by selling advertising space on her website.
Her audience were more interested in what THEY wanted as opposed to her blogging opinions. Give the people what they want.
Diversify topics as the audience grows
Conclusion..
While I’m not a fan of gossip blogs, it’s always nice to hear of their success stories. The Shade Room offers another example of how the Internet is a benefit to hard work and a great idea.
John Crestani has a keen eye on identifying online opportunities. Check the video below to learn about his suggested way to make money online:
In summary, he mentions four ways to making money online. Not surprisingly, many of those listed were mentioned in this blog entry. As per the video, these methods are:
Blogging is a great way to promote affiliate products. It makes sense to use a content rich blog. Adding banner links and reviews of products help with potential rankings in Google. Read the previous blog post for more details.
Social Media can also attract potential customers. Many marketers (including bloggers) set up Facebook pages as a way to build an audience around topics that are helpful to them. Being an authority and “thought leader” helps build trust among followers.
Vlogging through YouTube and other video platforms can attract a loyal audience. The marketer uses videos to help their audience and promote products in their prefered niche.
Ecommerce
Setting up an Amazon FBA. Basically, shipping products directly Amazon for more convenience.
Obviously, Ebay’s still the top choice for merchants.
Etsy and Shopify are emerging platforms to consider.
Ebooks
Many authors use Kindle to sell books. Ironically, many sellers pay Ghostwriters to write for them before promoting on Amazon. For those concerned about hiring one, The Letter Pile gives some great advice.
Mobile App
Apps make money from ads, affiliate products, In-App purchases or the application itself. Additionally, the Huffington Post gave a list of apps that could make you money.
Several businesses use the internet since it’s so advanced and most people have it, so what better way to advertise than online. There are so many businesses marketing their sites online, however, that if you don’t take the steps to market your business for the online world, your business may blend into the void of businesses on the internet.
Affiliate marketing can help by showing you how to utilize how people search online and how to successfully market your products. In affiliate marketing, the business rewards its affiliates for any customer or visitor that’s brought by the affiliate. There have been many well-known affiliate marketers who started from nothing and are now extremely successful, and here are some of their stories.
Many people wonder if they’re cut out for affiliate marketing. While it’s possible to achieve passive income from your laptop, it’s obviously a goal that requires hard work, the right up to date information and focus.
Of course, making money online, like other entrepreneurial endeavors, takes time before actually growing a stream of income. Just be mindful of any mistakes potential affiliate marketers make.
That’s why it’s refreshing to discover names of those who’ve succeeded in this highly competitive industry.
Kelly Felix
Kelly Felix has over 15 years of online marketing experience and has become one of the most influential affiliate marketers since his beginnings in 1997 when the internet was newer and less advanced. While pursuing an acting career in LA, Felix started to learn HTML to learn how to create things people can see online. His acting career wasn’t successful, so he focused all his efforts on his internet experience.
He started making money on a credit repair technique based on consumer law, which he sold online, until a marketing company found it and offered him a 50/50 split of the profits he made. His success made him realize that he could market his own knowledge, so he created The Rich Jerk, which is an affiliate marketing program that teaches the best ways to optimize search engines and make affiliate relationships to increase online revenue.
He eventually sold his website for several million dollars to create and sell other popular web properties, including his previous website Bring the Fresh, which offered updated affiliate marketing techniques to make money from affiliate sales for products online. Felix is responsible for teaching several successful online marketing experts and is still held in high esteem today.
Don’t worry, success is within your reach. Learn from those who’ve made it and stick to the right plan.
Jubril Agoro
Imagine living on your mother’s couch one day, and being able to afford first class the next. It seems hard to imagine, but JubrilAgoro did just that when he got involved in pay-per-click (PPC) marketing ads and Facebook advertising. He started by watching Oprah around the time Obama became president.
Agoro was living in Chicago and realized with Oprah praising The Chicago Sun Times with Obama on the cover, there would be more searches like “Obama newspaper on Oprah,” so he went to a gas station, bought copies of the newspaper and ended up selling 100 copies online and made around $1400.
Agoro has a PPC Marketing company and a video production company, and his companies are what fund his love of travel. Agoro has found a way to market his ideas as “Mr. Think Outside The Box” to be able to afford traveling 10 to 11 months out of the year. His original way of thinking and getting involved in online marketing with his two companies has taken him from the couch to the world.
Crestani started out making $200 a week at his theater job to making $1000 a day selling PDF files online. His education finished in 2010 after studying business at Southern Methodist University and marketing at California State University-Northridge. His post college life consisted of working for several companies as an internet marketing consultant, director of online advertising, and a search engine marketing analyst.
He is proficient at online business and marketing is knowledgeable in PPC advertising, Google AdWords, social media marketing, and search engine optimization. From cleaning up popcorn under seats to becoming the CEO of Nutryst, a private nutraceutical affiliate marketing network and making millions of dollars a year, Crestani is a prime example of a successful affiliate marketer.
John’s Internet JetSet free instructional webinar.
Success from internet marketing is possible.
Chris Record
Chris Record was motivated to make money but struggled to do so when he failed to learn anything from the programs and programs he bought. In his search for knowledge, he ended up with barely any money in his bank account and was evicted from his apartment.
He had the option to move back home with his parents, but he was determined to become an entrepreneur. Just as he was about to give up, one of Record’s friends found an opportunity to sell products online, where he worked with a company to generate leads online and sold over a million dollars’ worth of the company’s products, which gave him almost $500,000 in commissions.
Now, Record is the CEO of his own company. Tecademics provides ways of learning and exploring digital marketing, through online courses and live seminars from experts in the field. Record proves that when nothing else works, you need to try harder.
Oh, by the way, did I forget to mention Chris has a Shopify Rap video. Check it out:
Ling got his start from a squash tournament when a friend of his showed him his strategies for poster selling. His friend, Charles, was making $50 in a week through a banner advertisement on his poster sales website. Ling learned from his friend and started selling posters online, where he eventually learned how to create sites quickly that targeted larger audiences.
Ling stopped delivering pizzas and began recruiting some of his friends to help him raise his business. He spent his free time on the internet and figured out how to use search engine optimization for his poster sales site, which brought in more customers.
Ling used his knowledge to start more affiliate sites on various topics like learning a language, saving a marriage, dog training, and video games. He created Affilorama where he posts a blog, presentations, free tools, and webinars for those who want to follow in his footsteps.
He’s also responsible for AffiloBlueprint, which is a membership product comprised of 12 weekly guides to teach those interested in online marketing, and Affilojetpack which is made up of ready-made niche websites. What started as selling fan posters online turned into a business where he could easily double and triple his earnings.
Jamie Lewis has been featured onClickBank several times for having the number one affiliate product. He’s earned over $12 million dollars in online sales and has generated over a million views on YouTube. After getting sick of being ripped off by employers, Lewis dedicated his time to learning how to work from home.
He knew he wanted to create his own business, so he put his music on a website to start selling. He started using affiliates to promote his products.
After exploring different niches, he decided to start teaching what he learned from his years of affiliate marketing. The Singing Guru is his program to help beginning affiliate marketers become successful in the ever-changing online world. The program also has music incorporated into the presentations to make the learning entertaining.
If you’ve read the previous post in regards to selling domains, you’ll remember Lewis was featured throughout that entry. View the following for some of his home based ideas:
Anik Singal
Ever since Singal was a child, he felt pressure to follow in his family’s footsteps and work towards becoming a doctor, lawyer, or an engineer. He grew up trying to live up to his family’s legacy, but he wasn’t passionate about it. In college, he studied extremely hard to get a full scholarship and attain an Ivy League Pre-Med degree, but he realized he was working for the wrong dream.
His hard work didn’t feel right to him since he wasn’t passionate about, and he eventually listened to his heart. Singal focused his efforts to building a business online since he didn’t have much money.
After a lot of effort, Singal wound up making money online after growing his business which allowed him to travel the world to speak of his success in several countries and cities.
Singal was one of the Top 3 Business Entrepreneurs 25 and Under by BusinessWeek Magazine. He was the CEO of Lurn, Inc. and VSS Mind, but went into debt and barely profited off making $10 million in sales one year. But he kept working hard and came back to his system of making money in the digital publishing world, proving that you can come back from losing it all.
Starting out as an online entrepreneur since 1998, Lisa Irby has made a name for herself utilizing the internet to share and teach her various skills to others. This consists of premium courses, YouTube tutorials and website tips.
How To Get Started On Your Affiliate Marketing Career
What one can gain from the above mentioned individuals is that they’ve learned from their mistakes and invested enough time and determination into the business, which has led to fruitful results.
Now we can honestly state there are no guarantees in any entrepreneurial endeavor, much less affiliate marketing. Even with hard work and the right information, one can still find themselves frustrated at attempting to make their first affiliate sale. However, it’s recommended to read and study every and all tips if you feel this highly competitive market is for you.
Perhaps you too can have your own affiliate marketing success story, and here are some tips for getting started.
Find a niche
Before you jump right into things, you need to find out what your site will target to get sales. Think about topics you’re passionate about and what there might be money in. You may have to choose between money and passion, but if you can find a niche you enjoy and make money off of, it will make your online marketing more successful.
Research affiliate programs
This is probably going to be the biggest chunk of your research to begin as an affiliate marketer. You need to dig deeper and find out what products you’re going to promote. Make sure you want to be associated with the products you’re promoting. It’s important to believe in your niche and the products. If there are certain advertisements, you may not want to be associated with, make sure you look up that information beforehand.
Build a site
You can utilize different site-builders like Wix, WordPress, or Weebly to build your site with little to no knowledge of coding. It’s relatively easy to pick themes and make your site easy to navigate. You’ll also want to buy a domain name, and think of several in case it’s already been taken. It’s a good idea to purchase hosting as well to house your files on the internet. Make sure the content on your website is creative and relevant to your niche.
If you’re interested in working from home, being an entrepreneur, and being your own boss to make money, affiliate marketing might be right for you. You can make money through the online, ever-changing markets that exist online. If you follow these tips, do your research, and believe in yourself, you could be on your way to making millions like these successful affiliate marketers.
If you have a product, a service, a website or any sort of company then you probably know that one of the main pillars that holds your item together is marketing and advertising.
The problem with these two factors is the lack of structure, resources and the unaffordable rates that people would charge you. If you are an affiliate marketer who can’t find a platform to connect you to the advertisers and their campaigns then this read is the one for you. One of the leading services out there that should definitely be your choice whether you’re an affiliate or an advertiser is MaxBounty.
MaxBounty is an online platform that connects well-trained affiliates with advertisers who are willing to pay large amounts of money. It is classified as the number one CPA network worldwide which shows how serious they are about their work. Let’s not get lost in the words and start learning more about the different features they provide.
MaxBounty relies on providing the best features for your company’s marketing needs. A set of features on the website can help reach a level of exposure you never knew existed together with raising funds to a whole new level. Here we are going to discuss the different features that are provided to MaxBounty’s clients.
Advertisers
With MaxBounty’s very strong advertisers program exist that will help in growing your business profitability. As a start, they possess a system of pay on results, which states that advertisers will pay per every new user. This ensures the safety of the advertisers money and shows that you get exactly what you pay for. Not to mention the huge network of MaxBounty which consists of almost 18,000 affiliates which help create even bigger network to help expose the content of the advertisers. At MaxBounty, affiliates alway try their best to deliver high quality leads that are worth your money. All the different opportunities out there will be directed to your choice and only picked when you agree fully with it.
Affiliates
If you are an affiliate then waste no time and start by joining MaxBounty’s team! The name MaxBounty shows exactly a fair image on their rate and how you will benefit from them. MaxBounty provides you with tons of different campaigns and opportunities to pick from which is a thing you will only find here. Another incentive for the new affiliates is the $1000 bonus.
This is a rule which claims that if you receive ratings higher than $1000 for your first three months, then a bonus of $1000 will be added to your fourth month. Imagine all of this money piling in your bank account weekly! Yes I said weekly, as MaxBounty provide weekly payments for the affiliates that works there. They ensure on providing you with everything that will keep you away from their competitors and working hard.
Careers
If you fell in love with MaxBounty too much, then here’s the part for you. MaxBounty’s very open for new applying candidates to join their team. Not to mention the different perks you will get by working in a company like MaxBounty. As stated explicitly on their website, you will get full benefits when you’re hired together with a total of 3 weeks of holidays. Furthermore, there are no skills needed for you to join the team, but actually they will be investing in you through trainings to help you learn what you need to know. Last but not least, are the different trade shows that happen worldwide which you will be a part off. Get your passport ready to visit the cities of your dream.
Trainings
One of the best features on the website is the trainings section. This section is created for the affiliates which helps by providing them with trainings that are needed in order to succeed in their work. Through a partnership done with LeadGadget, a database of online video based training programs is available for all the affiliates signed up with MaxBounty for free. These videos contain content that’s tailored for the affiliates of MaxBounty with just the enough resources for you to start a successful career.
Below, a YouTube user demonstrates how he runs an ad promotion on Facebook:
Campaigns
As an affiliate or an advertiser you have the feature to visit the campaigns page. This page shows you the different projects posted by advertisers and the tons of work that the affiliates has performed on each project. It shows exactly where you would be in a few hours after signing up to MaxBounty. This page divides the projects according to categories (example: Automotive, Biz Opp, Dating, download, etc…) and in each categories shows the project that lies under it. Furthermore, it gives you the rate per lead set by the advertisers which varies from a project to the other. For advertisers, this section shows you all the different things you can add to your campaign regarding allowed traffic types, countries allowed and even a description or extra notes for your affiliates.
Sign up to become part of MaxBounty.
Pros and Cons
Now that you have read and learned about all the amazing features that MaxBounty provides, it ‘s time for the pros and cons table. This is a table of all the advantages and disadvantages of using MaxBounty. You need to think these bullet points through as this balance is probably what will make up your decision on using this service.
Pros (Advertiser)
Payment per result
A huge network of affiliates
In control of your decisions and leads
Project stays on till you remove it
Cons (Advertiser)
There are no guarantees
No affiliates are directly assigned to your projects
Pros (Affiliates)
High payment rates
Weekly payments
$1000 bonus
3 weeks of holiday
Free training sessions
Cons (Affiliates)
A certain amount should be delivered weekly
No guarantees
Conclusion
In conclusion, MaxBounty is truly an outstanding website for both advertisers or affiliates. If you are an advertiser, you will receive professional help from trained affiliates who have dedicate their whole time providing you with the users and leads you deserve. Not to mention the fact that you will get what you paid for with full control over leads which are of high quality.
You will receive a huge network of affiliates and their circles which will create a huge traffic towards your service with optimal exposure. On the other hand, if you are an affiliate you will get the chance to work on a platform that provides you with high rates and free trainings thus helping you excel in this career.
You will have a lot of motivation and incentives from the MaxBounty team that will help keep you going. Not to mention the weekly payments which will help you forget what it’s like to be at the end of the month. Do not hesitate anymore and take your life towards success in the field of advertising and marketing. Sign up for MaxBounty and don’t miss the chance to meet all your needs and demands.
Is It Okay To Use Your Business Slogan In An Adwords Ad?
Sure, using slogans in your Adwords ad sounds like a good idea. Slogans, by design, are short, catchy, and memorable, intended to creep into a prospect’s mind as a constant reminder of your product’s unique selling proposition. Makes sense, then, that if you insert it into an Adwords ad, it should do its job of stealing the prospect’s attention and leading them to click on your placement, wouldn’t it?
While the logic does seem sound in theory, practice has shown this to be a less than precise assessment. In fact, it’s often a large ways off the mark. Split-tested next to a well-crafted ad that focuses on offering specific benefits, demonstrating value, or addressing a prospect’s concerns, it will almost always fall short. Why is this so?
Slogans Can Be Cryptic
Imagine Wendy’s running an Adwords ad with nothing but their brand and tagline “Where’s the beef?”
Doesn’t exactly provide any information that’s likely to help your shopping decisions, does it? What about Panasonic and their slogan “Ideas for life” coming out when I’m searching for 50-inch TVs? Nothing about that tells me they have the product I am looking for. How about searching for the newest Lebrons and seeing an ad for Nike and “Just do it?” Again, nothing of enough substance to makes you want to follow the link.
Good slogans are intended to be memorable and easy to repeat, all while leaving the consumer with a positive image of the brand. This is all well and good for positioning the brand and capturing mind share. When trying to convince searchers to hit a link and buy your product, however, they don’t exactly make for the most compelling argument, especially when questions the prospect has about the offer remain unaddressed.
People Aren’t Searching For Slogans
Say, a customer who has previously bought from you before sees a slogan-centered ad you’re running. The person sees the brand name, the slogan, and a brief mention of the specific product being searched for. Chances are, this individual who already knows your brand has already seen and heard your slogan. What they’re unable to find is more information about the offer in your ad as it relates to their specific search query. In this scenario, the slogan doesn’t really do anything to add clarity to what the prospect is looking for, leading them to look somewhere else that provides just a little more in the way of information.
Things are likely to get even worse with someone who is completely unfamiliar with neither the brand nor the product.
They see the brand, the slogan, and a call to action, but nothing in the way of answering any lingering questions about what a product is, what a store offers, and what kind of advantage they’ll get choosing this offer instead of the one on the link right below it. Slogans may give insight into some of those concerns, although in many common scenarios, they simply don’t.
It’s Worthwhile To Test
Will business slogans ever work in PPC? In some cases, yes. With the right search keywords and the right slogan, it could very well turn out as your best-performing ad. If you think your slogan has the potential to do this for your Adwords campaign, then test it by all means. Do not, however, rest your faith on that catchy tagline blindly. No matter how much you adore that clever slogan you’ve been using in the last five years of your business, it’s just one potential tool in your Adwords copywriting arsenal — one that you should be testing side-by-side with ads that do without it.
If you’re looking for some day trading tips, we’ve come up with some great ideas. While it has it’s fair share of risks, there’s certainly a lot of potential.
Day trading has become more popular as a way to make money by stock trading, especially after Timothy Sykes’ story hit the media. Many people got the idea that trading was an easy way to make money working at home in their pajamas.
This idea turned out to be a misconception. Day trading takes a little time to learn, and it can be lucrative from where ever you’re located, but you need to learn the basics before you start.
The first lesson is to understand that investment trading comes with risks and it’s important that you do your homework before committing.
First, What is Day Trading?
Day trading is the process of buying and selling securities, or a financial instrument, during the same day or more than once over the course of a day. Because many brokerages have moved to online trading, you can conduct your business from your location.
Basically, a person involved in day trading is looking to make money by taking advantage of little price movements in individual assets (stocks) or indexes. Day traders look for three different things in a stock: volatility, liquidity, and trading volume. To explain these terms:
Volatility is the measure of expected daily price ranges, such as stocks from a corporation that experiences a higher rate of variance in its cash flow. These situations can be capitalized on by a day trader. The higher the volatility can mean higher profits or greater losses.
Liquidity in the financial market refers to the ease and price in which a security can be obtained. Liquidity allows for easy entrance and exit from a stock at a good price. The more liquid a stock is, the more easily it is for day trading. Liquid stocks also tend to be cheaper than other stocks. Stocks from a higher market capitalization corporation are generally more liquid because it’s easier to locate buyers and sellers.
Trading volume is an excellent indicator to a day trader to the stock’s volatility and liquidity because of the volume. The volume is how many times the stock is bought sold within a particular period of time, which is usually averaged daily. The more volume reflects the interest in a particular stock, but it does not indicate if that interest is positive or negative. Often, when the trade volume increases it is indicative of price movements that are going to transpire. One tool day traders use is the Trade Volume Index (TVI) to help decide whether to buy a stock or not because of the amount of money flow into and out of an asset.
Timothy Sykes
In 1999, Timothy Sykes seemed to be like most high school students, but he soon became famous with a story that impacted the world of day trading. Sykes saved his gift money over the years and it to start day trading penny stocks.
Many thought if a young person could do this without being an expert, then it must not be that complicated. This is partially true, but Sykes spent hours studying before he started.
10 Day Trading Tips
To get you on your way day trading, here are some basic rules and tips:
1) While you’re learning, take advantage of free resources like Youtube videos and blog posts. When you feel ready, set up a practice account online (some websites allow you to do this) and test a few trades.
2) Have an enter price, exit price, and an escape price. Before you press the button to finalize the deal, you need to know when to get in, when to get out, and a strategy to get out if things are not going as expected.
3) Always set your price targets before you do it and stick with your decisions. It will help you keep from being overly greedy if the price spikes and limit any losses.
4 ) When the market opens, avoid trading within the first 15 minutes, especially if you are a newbie to day trading. Those 15 minutes of action are full of market orders placed the night before and panic trades. It pays to wait until you’re able to see a rewarding opportunity.
5) To find an entry point, look for situations where supply and demand are drastically imbalanced. If a supply is nearly gone and there are still buyers, then the price will go up, and if there is a surplus of supply and no buyers, the price will go down.
6) An important lesson is to set a proper risk-reward ratio. At least 3:1 will allow you to win big and lose small and can help you come out ahead if you experience losses on several trades.
7) Be patient and don’t make a trade because you feel like you need to “just do something.” Make your trade plan and trade according to your plan. It takes discipline, and impulsive decisions can become your worst enemy if you’re working alone.
Timothy Sykes was mentioned in a previous blog post as a successful penny stock trader from the social trading site Profit.ly. Click image to read more.
8) Don’t risk too much capital on one trade and only trade with money you can afford to lose. Budget your day trading and don’t exceed it thinking you are missing an unseen opportunity.
9) Don’t limit yourself to day trading stocks. There are three other asset classes to keep in mind: forex, futures, and options. Any of these can present an appealing opportunity.
10) As you go, you’ll learn from your experiences and as you’re learning don’t second guess yourself or your set rules established for getting in and out. Every day trader losses at times, so don’t be too rough on yourself when things don’t go as planned.
Day trading comes with its fair share of risks. Be sure to exercise discipline, patience, practice and smart study habits.
Pros of Day Trading
The biggest pro of day trading is that you can earn some serious money if you can afford to take the risk. As you learn the inner workings of the marketplace and create your enter and exit plans, you can increase the returns on your money. If you enjoy cliffhanger moments, you can enjoy them regularly. If day trading becomes your job, then you can gain freedom from punching a clock. You can set your schedule, work from anywhere, and earn an unlimited amount of income versus a salary.
Cons of Day Trading
Day trading carries a high risk because there are no guarantees that you will make any money and you can lose the money you have. There is some expense involved outside of having a current computer, and you may need to purchase software to help spot price variations and access financial information.
You will need some capital to get started, and the money could be lost. Day trading can be stressful and time-consuming, especially when you begin, so pace yourself.
Timothy Sykes, a popular day trader, is an active member of Profit.ly. Click image to view website.
The Final Verdict
Day trading is risky, but it can also be rewarding. As a beginner, spend the time to learn the ins and outs of trading and spend time watching the marketplace. Initially, you may want to get a mentor to help you. You will learn from a seasoned person that will help you avoid pitfalls and will help reinforce what you have learned.
Considering Moving Abroad Like Thailand or Brazil? Then Follow This Plan
There are many individuals who have succeeded in leaving their native country in pursuit of another destination, and there are those who have attempted and failed. If you are seriously considering moving abroad, especially to the exotic country like Brazil, you are going to need a game plan.
Apart from getting your visa sorted out and purchasing airline tickets, a significant amount of preplanning is required to get you started with your new life in one of the most vibrant places in the world.
Don’t lose yourself in the excitement, and remember to adhere to the guidelines we are going to discuss below.
Save, Save and Save!
If you’ve made a move before, whether it is to another neighborhood or another city, it will take cash. Now that you’re considering moving to another country altogether, it’s going to take a lot more.
Think about it for a second and consider the many unique costs you’re likely to incur. Visa, legal clearances, shipping personal possessions, bit ticket purchases. These expenses are the ones you will incur before you even get there. Now let’s come to the living expenses when the wheels touchdown in the Promised Land.
If you are planning to start from scratch, then having at least about 5 to 8 months of living expenses is highly recommended. If you run out of money in a country where you don’t know the language or customs, it can be scary. Ensure that the financial aspect is covered before you even consider anything else.
Cost to Live A Comfortable Lifestyle in Thailand – According to Scott Mallon
Do you have a support group in your desired destination? While some solo expatriates have been able to establish themselves own their own, consider the option of seeking out a support system or group of global entrepreneurs who may assist in the process.
These groups may be found on traveler forums or through the social networks. During years of reading the experience of many expatriates, most will advise to first spend a few months in your target before making any final decision.
Tips about Brazil – According to Room In The Moon
And take into account, if such online group does not exist, you may need to use Facebook, Twitter or Google+ to start one of your own.
Check and Then Double Check Your Paperwork
When you’re in the process of preparing for your departure, you will be filling out a bunch of paperwork for both, the countries, the one you reside in and the one you intend to visit. Remember to make copies of every document that has your signature on it and every other legal and policy document that is signed to your name.
City lights of Thailand
Because pretty soon, you will be jumping through hoops for international money transfers, filling out tax information, obtaining health clearances, and if you are bringing along a family member, the relevant paper for them as well.
Long story short, do not get on the plane before you confirm, multiple times, that everything you need is there with you, along with backups should you lose the said documents.
Address Any And All Health Needs
Whenever one travels to another country, there is a slew of medical verifications you must go through before you become eligible for a visa. In the case of Brazil, being an exotic vacation destination, there are certain vaccinations and in some cases boosters you must be inoculated with before you become eligible. For that you will be requiring proof, so get the relevant paperwork from the lab or your doctor.
Create a Steady Stream of Online Income
Let’s be honest, moving abroad requires money. And when traveling overseas, the importance of having a sustained online business cannot be overlooked or over stated. Since you are going to need a lot of money to reach Brazil (or wherever) and get settled there, before you start earning again, if you have an online business it can help you stay liquid for the foreseeable future.
Such are the perks of being an online entrepreneur, even while traveling you can take your livelihood with you. We compiled an extensive list of ways to make money from the internet which one can read at this blog post.
Some forms of online income could be, but not excluded to:
Obviously, it should be noted that generating any amount of income, online or offline, varies per person, and dreams of becoming rich over night (if at all) should be left as just that- dreams.
Additionally, as with all areas of money making, it’s the hard work and effort one must put in before reaping anything significant. The idea of waking up to log on to your virtual work station (Laptop) at the comfort of your desired location is certainly a goal worth reaching.
However, it may require an enormous amount of “elbow grease” depending on your niche.
“as far as I’m concerned, I work 365 days in a year. So I’m working Christmas, morning, when people are sleeping, I’m up and I’m working….. I get up probably around 3:30-4:00 in the morning. And on a regular day, weekday, typical workday, I get up around 2:00 in the morning. And my days are usually somewhere around 12 to 15 hour days”.
Now in terms of finding work overseas, such as Brazil, it’s important to spend a few weeks or months on land to gather as much information as . Thus, once you’ve finally landed a job in Brazil, you will be pleased to find out that the local government regulations state that companies are required to pay their employees an extra month of salary at the year end. Imagine all you can do once you make the life you’ve been dreaming of.
So you’ve decided that you want to create an additional stream of income to fund that exotic trip on your bucket list, and you’re determined to use the internet to supplement your earnings. You will want to find an online niche that is unique, useful to potential users, and can generate enough revenue to help make that bucket list a bit shorter. Beyond fulfilling bucket list items, you dream of success so great that you can fire your boss and strike out on your own to make your fortune.
Then perhaps you’ve been looking for some ways to make money.
Before you give the boss his or her walking papers, consider that finding a money making online niche and turning it into reality requires a lot of time, hard work and research. Information gathering is crucial, and not just any information, but the right information. Unfortunately, there are far too many “get rich on autopilot” scams, with empty or ambiguous promises of “being up and running in a few weeks”. This information, in the form of a “system” (at a special price) may actually be:
⦁ The Wrong Information
⦁ Outdated Information
⦁ Information That One Realizes Could Have Been Obtained for Free
Buying one of these “get rich” systems is tempting for sure, but chances are very high that the only person making any money will be the one selling the system to you! Hard work, persistence and tons of free information available in cyberspace and elsewhere will help you achieve financial success and independence. And therefore, behold, the (free) suggested list for what’s creating an online revenue stream.
Top 15 Money Making List
1 – Author a Blog
Reading, contributing to, or commenting on blogs has become an everyday routine for many internet users. Expertise, commitment and business savvy are all important to success.
You can become an affiliate marketer (free!) through your website, blog, review site, e-mail list (see below), newsletter or other online presence. Links, or ads, placed on your site produce income when a visitor clicks on the link and makes a purchase at the advertiser’s site, rewarding you a commission. Clickbank, JVZoo, CJ Affiliate (formerly Commission Junction) and Amazon Affiliates are examples of companies that can assist you in becoming a successful affiliate marketer.
A word of caution: while there are many sites offering courses promising one to become a super affiliate, it’s recommended to take advantage of free resources to assist in proper guidance. The popular Warriors’ Forum has an enormous amount of recent and up to date discussion posts from seasoned Internet Marketers. Additionally, Affilorama offers both free and premium membership services.
3 – Wall Street Laptop – Online Investing & Trading
Your rent or mortgage payment is just out of reach, or that fabulous vacation you wanted to take isn’t going to be possible for another year. Why deny yourself what you want when you can use the internet to generate income? Consider trading in the financial markets as a way to make money that not many know about.
These aren’t “get rich quick schemes,” you need to study and work at it for it to work for you. Be assured, with knowledge and effort, you can take these strategies and make them into money-making opportunities.
They are as follows:
Day Trading By day trading, we are talking about buying and selling stocks quickly during the course of a day.Sometimes you will hang onto to a stock for just a few hours, sometimes minutes. When you want to make money as a day trader, you would scout companies with high betas. This means looking for businesses which are more volatile than the overall market.You’ll find the most volatile stocks in the market are often what’s called penny stocks. These stocks trade for $5 or less per share. For example, if a stock has a beta of 2.1, the stock could climb or drop 2.1 times as fast as the market, if the market’s value begins to climb or drop. Day traders look for these potentials because fast gains can be had as they ride each volatile stock for only a short while. See this post to read more details on Jason Bond and swing trading.
FOREX Trading In the forex market, you buy or sell currencies.To do this, you place a trade in the foreign exchange (FOREX) market. The mechanics of a trade are very much the same as you would find in the stock market. If you have any experience in trading, you should be able to to do this fairly easily.The object of forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold. Potential investors can discover more by reading a previous post, social trading, as it relates to both forex and penny stocks.
Binary Options You can make money in binary option trading if you follow a system. The key is to control risk. A trader can never lose too much money on any particular trade.
A put option is an contract giving the owner the right, but not the obligation, to sell an underlying security, like stocks or bonds, at a specific price within a preset time. This is the opposite of a call option, which gives the contract holder the right to buy shares.
A call option is an agreement that gives an investor the right to exercise the option to buy an underlying security at a specific price within a preset time period.
In theory, you have a 50% chance of being correct on any trade whether you buy a call or a put option. To make money, you only need to be correct on about 60% of the trades you take. When you are making money in binary options, the outcome of a trade can be influenced by the other people participating and the outside environment. The outcome of a binary options trade can be anticipated by the current environment when the trade is executed. You don’t have to be right by much to be on the money making side.
Contract for Difference Trading Making money from CFD trading (Contracts For Difference) involves taking advantage of rising prices (long positions), or dropping prices (short positions) on stocks or bonds. The CFD is a contract between two parties, a buyer and a seller, to exchange the difference between the opening price and the closing price of a contract. When this difference is a negative amount, then the buyer pays that amount to the seller.
To make money, you need to:
Understand past patterns, so you can better predict future movements
Forecast momentum, so you can “ride the wave”
Swing trading by looking for stocks currently trading either above or below their normal range
Taking out two positions in the same industry – one goes long while the other goes short
4 – Ad Networks
Selling advertising directly on your site can provide a steady cash flow. Using a tool such as Google AdSense can make the process easy and effective, providing access to a large existing pool of advertisers. Advertising networks love websites that attract a lot of traffic, so it’s important to work on generating unique and regular visitors each month, using this as leverage for placed ads to attract large audiences.
5 – Data Entry Online Jobs /UtilizeVirtual Assistant Services
Fiverr, UpWork, and Time-etc are all examples of companies that specialize in providing virtual assistance in all kinds of business endeavors. You can freelance through these companies to use your skills and talents to make money doing what you love to do, and in many cases at your own hours! These services may include, but not exclusive to: Billing Clerk, Ghost Blogger, Business Card Designer, eNewsletter Publisher, Security Monitoring or Online Course Developers and Language Programming. Imagine taking advantage of freelance data entry jobs for hire on vacation in Thailand, Brazil or Belize!
Amazon and eBay are two well-known ecommerce sites that you can use to make money. Both provide platforms that allow you to sell products in different ways to hundreds of millions of potential buyers. Alternatively, you can set up your own site with the help of specialists, or give it a go on your own. As the saying goes, “If you build it they will come”. As an example, you could create the next best virtual flea market to bring potential sellers together in exchange for a percentage of each sale with dropshipping. Or, perhaps you have an idea of a product of your own? Either way, with the right amount of research and effort, the possibilities are endless.
7 – Apps Development
Come up with an app that people decide they can’t live without, and watch the money roll in. Consider Chad Mureta of AppEmpire, now worth millions, who created his first app, a bestseller called Fingerprint Security Pro, with no prior experience. In-app purchasing can generate additional revenue, and in-app advertising is another potential money maker. Small business owners are realizing the impact that mobile apps can have on their bottom line, and the demand for those with the skills to create such apps is huge.
If writing is your thing, you can become a freelance writer for SEO content companies such as Fiverr, Writer Access, BKA Content, or freelance exclusively for a company or a select blog or blogs. As online and social media presence becomes more and more important for a company’s survival, a gifted writer can use their talents to create some respectable income.
9 – Domain & Website Flipping
Flippa.com, NameJet.com and other auction sites facilitate the buying and selling of domain names that have expired for a variety of reasons. With some skill and tenaciousness, flipping domains and websites can be one of the simplest methods to make money online, in many cases for a considerable profit. Website flipping involves the buying of a site, improving it, and then reselling it at a higher price. A low initial investment and the chance to make money off the site even while improvements are being made can make this process lucrative as well.
Combined with a blog site following or strong social media base, successful marketers know the power of generating huge prospects, which serves as a rewarding source of passive income. In exchange for submitting an e-mail via an opt-in form, subscribers receive updates, free ebooks or discount deals (to name a few). The next step comes from sending an “e-mail blast” (MailChimp, Constant Contact and SendGrid are just a few of the top electronic marketing services used to reach potential leads) with products or services, such as those from affiliate programs. Whether you choose to build an email list with or without a website, it’s important to note that numbers are everything, giving marketers enough opportunities to monetize their website traffic or Facebook fans.
11 – Write an E-book
With the advent of self-publishing, anyone can write and publish an e-book, with the potential to be read by millions all over the world. Whether it be fiction or non-fiction such as a how-to or a self-help book, the possibilities are limitless and the income potential great.
Brief demonstration from Stefan Pylarinos of K Money Mastery:
12 – Utilize YouTube
Creating original content on your own YouTube channel is a great way to generate revenue. The key is to create fun, engaging content that is not only appealing to many users, but to advertisers as well. Quality content submitted on a regular basis creates and nurtures advertising relationships that will last and create income over the long term. If interested, you may learn more here.
In Conclusion
Although there is no easy path to making lots of money online, there are so many opportunities available that there should be something for everyone. These 15 methods only scratch the surface of what is possible through hard work, determination, skill, lots of research, and a little luck. Choose something that appeals to you and go for it – you could be the next internet millionaire!
Democratization by way of Technology and the Information Age
