tag:blogger.com,1999:blog-71127745299031154762024-03-19T01:16:49.804-07:00Mind MakerYour resource for online business news and trendsMind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-7112774529903115476.post-36531563553693040802017-04-16T05:01:00.001-07:002017-04-16T05:01:50.866-07:00Good Hosting For Affiliate Marketing<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjf6j8S-ogantaNj39qtR2UUMNFwYZW0nKz7oLwiFzmP_bmVNUoXlB2Mf9IJytyuzEdnhleK74doqcE8X8QaBUk47fHjrk4wi_yu8RLLD6DA8wN3yUt6PuNiDl0GravQnSHwdpoBE2QoRf4/s1600/aspire-v15-1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjf6j8S-ogantaNj39qtR2UUMNFwYZW0nKz7oLwiFzmP_bmVNUoXlB2Mf9IJytyuzEdnhleK74doqcE8X8QaBUk47fHjrk4wi_yu8RLLD6DA8wN3yUt6PuNiDl0GravQnSHwdpoBE2QoRf4/s320/aspire-v15-1.jpg" width="320" /></a></div>
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Good hosting companies to be considered for affiliate marketing:<br />
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<a href="http://earnwp.com/is-hostgator-a-good-hosting/">Is HostGator Good</a>? - HostGator is one of the main hosting companies and hosts milions of domains and websites.<br />
HostGator offers billing cycles as short as one month, which can be a good option if you have a limited budget.<br />
The shared plans offered by HostGator can definitely be a good option for someone starting with his or her first blog.<br />
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<a href="http://earnwp.com/is-bluehost-a-good-hosting/">Bluehost Review</a> - Together with HostGator, Bluehost is one of the leading companies in terms of affordable shared hosting. Among its advantages, Bluehost offers a free domain for every new hosting sign up.<br />
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<a href="http://a2hosting.com/">A2 Hosting</a> - A2 hosting is also a good affordable hosting option for anyone wishing to start with this first online business. Even if the renewal price of A2 hosting is quite pricy, the first year is extremely affordable, and can be an excellent choice to run a WordPress blog.<br />
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If you want to consider other hosting options, check this post about the <a href="http://earnwp.com/fastest-wordpress-hosting-2017/">fastest WordPress hosting</a> companies. It explains in thorough detail the main hosting providers, its advantages and disadvantages.</div>
Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.com0tag:blogger.com,1999:blog-7112774529903115476.post-11234708149193643862009-02-14T12:52:00.000-08:002009-02-14T13:32:11.418-08:0010 ways to GET RICHI've read Warren Buffet's advices about getting rich, it's really amazing, and i would like to share it with you. If you don't know who Warren Buffet is, well, he is the richest man on earth: net worth of $62 billion. He earned most of his fortune by trading solid shares on the stock market, with the idea of always "buying what you know". And now you are going to read 10 ways to get rich by the man himself and some comments by me:<br /><br />1 - Reinvest your profit > Got a nice payment from your business, don't go buying a bottle of Veuve Clicquot and throw a party. The beginnings are always the hardest parts, it's like a plane taking off, it's hard and it's necessary a lot of throttle for it to leave the ground, and the same applies for business, once it's already flying, things get much lighter.<br /><br />2 - Be willing to be different > Mainly when talking about internet business, once a man has an idea, the cattle follows and copies him nonstop. Be ahead of your fellows, or at least, be in a different path.<br /><br />3 - Never suck your thumb > Gather the maximum amount of information and make a decision. Sometimes when you think too much, the opportunity is already gone, or it has different conditions.<br /><br />4 - Spell out the deal before you start > Make clear to anyone involved in a deal what are all the details about it, it will avoid a lot of posterior irritation, i personally had enough headache because of lacking clearness in some contracts.<br /><br />5 - Watch small expenses > This is rather vague, but a lot of people spend really ridiculous amounts of money with useless things, like cigarettes, or who knows what kind of odd habits one can have.<br /><br />6 - Limit what you borrow > My interpretation of it tells one should even never borrow any money unless that he is in a situation where there are absolutely no options left.<br /><br />7 - Be persistent > If you are persistent enough and optimistic, you may beat competitors that are bigger or better established than you.<br /><br />8 - Know when to quit > This is really something that applies to all life fields. There's a point where you can't reverse the situation and the only way to avoid further losses is to quit it.<br /><br />9 - Assess the risks > I pretty much liked this one, because i am doing it myself since a long time ago. Whenever you face a situation involving risk and uncertainty, try to consider what are all the best possibilities and the worst case scenario to see how it's going to end, and know whether the payoff is worth trying.<br /><br />10 - Know what success really means > This is the best part, just read Buffet's quote:<br /><br />"I know people who have a lot of money," he says, "and they get testimonial dinners and hospital wings named after them. But the truth is that nobody in the world loves them. When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life."<br /><br />I guess I don't even have to comment on this one.Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.com0tag:blogger.com,1999:blog-7112774529903115476.post-15972532519397028242009-02-12T05:16:00.000-08:002016-12-19T12:07:25.131-08:00How to open an offshore accountToday i am going to talk about a very useful topic for many of us who have business on the internet. Nowadays it's quite easy to open an offshore bank account, and no matter for what reason you want to do it, here are some nice advantages that opening an offshore bank account can bring to you, here we go:<br /><br />-People who want to bank in multiple currencies, you can leave an offshore bank account in a currency different from the one of your country, eventually earning from it in case your national currency is going through a devaluation process.<br /><br />-Those who are seeking international access to their money. In many countries international bank transfers are limited, and even online shopping can be very difficult, the offshore bank account can solve this situation.<br /><br />-And finally if you want to have more privacy about your funds. For example: you hate your wife, you don't want her to know where is your money is, so this is for you my friend.<br /><br />Specifically an offshore bank account can also be of benefit to some expatriates residing in low or no tax countries as any interest earned on offshore bank deposits is paid without the deduction of taxation.<br /><br />If you are already successful enough in your business and it has branches in more than one country, and offshore account can facilitate your financial life in different levels.<br /><br />So once you have decided that you want to open an offshore bank account, you will need to open it. Choose your destination country, bank and account type. I would just recommend options that allow you to movement and manage funds mostly or totally online.<br /><br />What you will need to open an offshore bank account are notarized copies of your personal identification, this is required due the anti money laundry policy worldwide.<br /><br />In the next topic on <a href="http://test.com">offshore accounts</a> i will give you a few suggestions of nice banks you can choose for opening your offshore account.Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.com0tag:blogger.com,1999:blog-7112774529903115476.post-56690374365015765112009-02-08T10:39:00.000-08:002009-02-08T10:59:29.241-08:00Affiliate Marketing - Choose Quality over QuantityA lot of people are into affiliate marketing nowadays, it is an important source of money for internet business individuals, but sometimes webmasters forget that their site traffic is based on its content rather than on how many affiliate banners they have on their side and top bars.<br /><br />The first thing one should consider while choosing affiliate campaigns to display on their site is the attractiveness it has to your traffic. If you put a coffee brand affiliate banner on your toy-related website, the odds of getting significant profits from it are slow. You have to choose only affiliate campaigns that make at least a bit of sense or that are related somehow to your site content.<br /><br />One therefore can say, "The more the better, if one visitor has more options to click, he has more chances to click on something". I don't think that is the best way to pursue profit on affiliate programs, a big quantity of banners and buttons on your site that don't match will bring pollution rather than profit.<br /><br />Analyzing each affiliate program qualities is a complex process and probably there is no perfect formula for it. If you think your visitors will most often click a banner rather than buying a service, if you should look for pay per click affiliate programs, otherwise if in some cases they might sign up for a service, even if the ratio is lower than the PPC ones, if you can get enough people signing up through banners on your site, it can be very profitable. The EBay affiliate program pays 16$ for each new costumer they get through their affiliate program, so if thanks to your site content it's possible that ebay will have new costumers, it is indeed a good way of getting money.<br /><br />Finally you should give a chance for every affiliate program, join the program and give some time to see how effective they can be for you, but don't exaggerate on the number of ads on your site, it will decrease your website popularity and even if they could seem harmless in some corner of your template, you will eventually lose traffic and the number of paid posts offers.Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.com0tag:blogger.com,1999:blog-7112774529903115476.post-74439957480439328602009-02-02T09:01:00.001-08:002009-02-02T09:11:03.221-08:00Private Advertising On Your SiteNowadays, a lot of automated advertisement services, such as Google <span class="blsp-spelling-error" id="SPELLING_ERROR_0">Adsense</span>, <span class="blsp-spelling-error" id="SPELLING_ERROR_1">Azoogle</span>, and also in text automated links such as <span class="blsp-spelling-error" id="SPELLING_ERROR_2">Kontera</span> and <span class="blsp-spelling-error" id="SPELLING_ERROR_3">Infolinks</span> are the main source of revenue for many <span class="blsp-spelling-error" id="SPELLING_ERROR_4">blog owners </span> and webmasters, at the same time that it is the most powerful tool for advertisers, due to its global and immediate reach. They are nice and reliable but they aren't the only possible way for advertising on your website and earn directly with impressions and/or clicks.<br /><br />If you have a <span class="blsp-spelling-corrected" id="SPELLING_ERROR_5">consolidated</span> website with a decent traffic rate you can offer banner spaces directly to potential companies that would like their name on your site. You can put a section on your site where the advertisers would click themselves and contact you for a possible arrangement, or you can send emails, telling them about the advantages of advertising in your site, and finally convincing them to do it.<br /><br />Here is a perfect example of how successful this approach can be: On the <a href="http://www.earnforex.com">Earn <span class="blsp-spelling-error" id="SPELLING_ERROR_6">Forex</span></a> website, there is a <a href="http://www.earnforex.com/forex_advertising.php"><span class="blsp-spelling-error" id="SPELLING_ERROR_7">Forex</span> Advertising </a>section in which the webmaster shows to possible costumers how much would cost to have different spaces on his website. Obviously the amount of money you will charge may vary according to your website traffic and its <span class="blsp-spelling-corrected" id="SPELLING_ERROR_8">PageRank</span>, let alone the market and the amount of money advertisers are willing to spend on direct online marketingMind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-64925018263628755922009-01-26T14:45:00.000-08:002009-02-02T08:52:31.715-08:00Webmoney Exchange ServiceTransactions using e-gold have grown worldwide, and even small businesses in the U.S., Europe, and Asia, are making use of this digital currency exchanges when doing business. These exchange e-gold currency for electronic money, or convert one type of digital currency (DC) to another, such as <span class="blsp-spelling-error" id="SPELLING_ERROR_0">WebMoney</span> into e-gold.<br /><br />But if you are into this kind of business such as to sell e-gold for <span class="blsp-spelling-error" id="SPELLING_ERROR_1">wmz</span>, visit Automatic e-gold and <span class="blsp-spelling-error" id="SPELLING_ERROR_2">WebMoney</span> exchange service The exchanges are done here completely in an automatic mode in 1-5 minutes. They also specialize in an exchange, input-output of electronic currencies.<br /><br />You can find in the <span class="blsp-spelling-corrected" id="SPELLING_ERROR_3">WebMoney</span> site a list of online resources that trade <span class="blsp-spelling-error" id="SPELLING_ERROR_4">WebMoney</span> with a list of different e-currencies, and i believe it is very useful for all sorts of <span class="blsp-spelling-corrected" id="SPELLING_ERROR_5">Internet</span> entrepreneurs, since the growth of e-currencies is higher every year.<br /><br />So here is the <a href="http://www.wmtransfer.com/eng/cooperation/exchange/onlinexchange/index.shtml">link</a> with a list of different webmoney and other e-currencies exchange services, mostly are russian, but you can also find a good variety of english speaking services. I recommend some intense research before choosing a trader since the rates and time for concluding transactions may vary considerably<br /><span style=";font-family:georgia;color:black;" ></span>Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-75979478533274961612009-01-23T20:31:00.000-08:002009-02-02T08:41:52.127-08:00Indexing Your Blog Updates QuicklyIndexing your website quickly to search engines is something EXTREMELY fundamental if you want more traffic on your site, every time you write a post or even if you start a whole new website, google, yahoo and other less popular search engines take some amount of time for indexing it, and it may vary due different factors which will not be treated here except for one which is building a site map.<br /><br /><a href="http://www.arnebrachhold.de/projects/wordpress-plugins/google-xml-sitemaps-generator/">Google (XML) Sitemaps Generator for WordPress</a> is a great tool for creating site maps, and if your blog is based on Wordpress you should really download it and check it out the difference that a site map can make for your website to be indexed on search engines. Here are some features of this site map generator:<br /><br />Features:<br /><br /> * Available for all WordPress versions since 1.5<br /> * No PHP skills or file changes needed<br /> * User interface to customize all parameters like priorities etc.<br /> * Available in many languages<br /> * Generates automatically a sitemap for all types of WordPress pages<br /> * Calculates a priority for each post, based on the number of comments<br /> * Notifies Ask.com, Google, MSN Live Search and YAHOO about changes via ping<br /> * Includes a WordPress filter for other plugins which can add their pages to the sitemap<br /> * Generates a static XML file as well as a zipped version<br /> <br />Personally i have tried it myself and noticed an indexation average time much more efficient after using such plug-in and mainly for news related blogs, it can make all the difference for your blog.Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-73492957311783695032009-01-13T00:01:00.000-08:002009-02-02T09:23:51.918-08:00Great SEO tool - SEO for firefoxToday i am going to write a bit about a powerful tool for those willing to improve their <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">PageRank</span>, or check how the competition is going for your type of online business.<br /><br /><a href="http://tools.seobook.com/firefox/seo-for-firefox.html"><span class="blsp-spelling-error" id="SPELLING_ERROR_1">SEO</span> for <span class="blsp-spelling-corrected" id="SPELLING_ERROR_2">FireFox</span></a> is a plug-in that allows your google search to be much more enhanced providing a lot of information for each and every page displayed in the google search results page. Released by<br /><a href="http://seobook.com/"><span class="blsp-spelling-error" id="SPELLING_ERROR_3">SEO</span> Book</a>, an obviously publisher of <span class="blsp-spelling-error" id="SPELLING_ERROR_4">SEO</span> solutions, <span class="blsp-spelling-error" id="SPELLING_ERROR_5">SEO</span> for <span class="blsp-spelling-error" id="SPELLING_ERROR_6">firefox</span> can help you to get to the top of google search by analysing multiple data for each homepage, such as Alexa Rank, Google PageRank, the total number of links point to that page, and other additional information.<br /><br />Here is a video teaching how to use <span class="blsp-spelling-error" id="SPELLING_ERROR_7">SEO</span> for <span class="blsp-spelling-error" id="SPELLING_ERROR_8">Firefox<br /><br /><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/8Kc4NiQDkjQ&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/8Kc4NiQDkjQ&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object><br /><br /></span>Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-74104336700657755582009-01-05T20:07:00.000-08:002009-02-02T08:14:31.988-08:0018 Trading Champions Share Their Keys to Top Trading ProfitsFinancial World News has released a book about 18 Trading Champions Share Their Keys to Top Trading Profits, it features stories from successful professional traders, such as Larry Williams and Tom DeMark. Each story is concluded with advices for beginners at trading, so it can be very useful and make you get a lot of experience that maybe would be only earned after years of trading. It is a very short with one page per trader, so it is a fast reading book for traders willing to get fast results.<br /><br />You can read this book online on this website: <a href="http://www.earnforex.com/">Earn Forex</a>Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-66447328705774147472009-01-02T04:59:00.000-08:002009-02-02T09:11:26.648-08:00How to make money with art on the InternetThe visual artists of our presents times normally tend to find jobs as web designers, layout designers or product/industrial designs. But much of these artists end up filling up boring office positions and in order to keep their jobs they have little or no room for expressing their talents or use their inspiration to create a work that mirrors their passions and feelings. The featured site today is <a href="http://www.deviantart.com/"><span class="blsp-spelling-error" id="SPELLING_ERROR_0">deviantart</span>.com</a>, the largest art portal on the web, and top 100<span class="blsp-spelling-error" id="SPELLING_ERROR_1">th</span> of Alexa's most visited sites.<br /><br />In deviantart.com, the artist-user has a wide variety of possibilities to promote their artwork, get in touch with the art community using the forums, buy and sell prints of their artwork, offer their services and also get freelance jobs thanks to the interactive environment of deviantart.com.<br /><br />Many contractors use this tool to find new talents, and no matter what kind of artist you are, you will be able to show yourself to the world, from painters, to writers, from 3d modellers to photographers, deviantart.com offers a vaste number of income generators from your artistic talent to your bank account.Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-57696129731720362262009-01-01T22:55:00.000-08:002009-02-02T07:48:15.837-08:00Domain ParkingIn this post i will talk a bit about domain parking and how to earn with that. When you "park" a domain, basically you just register it and let it practically content-less, just giving room for ads that will generate income to you when visitors navigate on your parked domain and click in one of them.<br /><br />Nowadays most of the good domains, the ones with strong keywords that generate good page rank and therefore good traffic, so the only solution for having a profitable domain parking business is to own a lot of domains, and earning a bit with each of them, you can have a satisfactory amount of money per month. In my opinion a domain is already good enough to be kept when it reaches 5$ profit every month, so if you have lets say 100 parked domains, you can earn 500$ or more.<br /><br />It's pretty much simple and quick to register a domain, the only problem nowadays is to find viable domains that are still not taken, since its simple and quick for you, so it is for everyone else.<br /><br /><a href="http://www.dynadot.com">Dynadot.com</a> offers a good deal for people willing to start with domain parking. With Dynadot.com you can register a domain, park it for 5 days to see how it goes and after, if it's not profitable you may give your domain back and get the money you invested in it as credits which can be used to register another domain, with a minimum fee applied.<br /><br />So get to <a href="https://adwords.google.co.uk/select/KeywordToolExternal">Google Keyword Tool</a> and try your luck with domain parking!Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-8390298846098606962008-12-10T07:17:00.000-08:002009-02-02T07:34:32.843-08:00Top 5 Worst Investment DestinationsThese are the top 5 world worst investment destinations according to my analysis:<br />5 - Kenya:<br />Pros: Good for safaris and wild animals researches, cheap real estate - available and plenty.<br />Cons: Well, Kenya used to be one of the most stable black <span class="blsp-spelling-error" id="SPELLING_ERROR_0">african</span> countries, with a considerable expatriate community, and above the average growth average for its region. Not anymore, politics became stable and since 2007, it has become a bad place to put your money, efforts and time, even though the political situation is bad and causing problems to <span class="blsp-spelling-corrected" id="SPELLING_ERROR_1">Kenya</span> in all spheres of growth, its not so deep and can be fixed after sometime.<br />4 - Pakistan:<br />Pros: Considerable amount of IT talented skilled workers.<br />Cons: The Fundamentalism is strong and growing in the country, as its in the region, after the murder of a important leader, the country is really shunning away any chance it had of growing whatsoever. It's unstable, dangerous, and should be only not avoided in extreme situations.<br />3 - Ecuador:<br />Pros: Hm, Nothing?<br />Cons: The economy is weak - and stagnated. Its president <span class="blsp-spelling-corrected" id="SPELLING_ERROR_2">hasn't</span> any notion of any procedures that could be taken in order to put his country in a good path. If not only that, his links with Hugo Chavez, the madman president of Venezuela, are setting the country en route to corrosion.<br />2 - Bolivia<br />Pros: There's some kind of opposition to Bolivia's actual government and they may finish Evo's presidency or dismantle the country in two parts.<br />Cons: <span class="blsp-spelling-error" id="SPELLING_ERROR_5">Evo</span> Morales - it's hard to describe Mister Morales in one word, but if that could be possible, it <span class="blsp-spelling-corrected" id="SPELLING_ERROR_6">wouldn't</span> be a good word, he is an imbecile, with his feudal mentality and extreme left wing attitude, he is privatizing a lot of Bolivia's economic key-sectors. But, fortunately, he isn't so powerful and hasn't the financial and social means to bring his lunatic ideas further<br />1 - Venezuela<br />Pros: One day its president will die.<br />Cons: Hugo Chavez and his <span class="blsp-spelling-error" id="SPELLING_ERROR_7">XIXth</span> century crew. He is not only privatizing basically all the economic sectors of Venezuela, but he is also intending to build a hole new communist nation. <span class="blsp-spelling-corrected" id="SPELLING_ERROR_8">No one</span> likes him, even the citizens of Venezuela, where his popularity is going downhill for the past 2 years, yet, Venezuela is a one of the largest oil producers, so he still have some power of bargain in the world wide scenario, yet, his unique talent of humiliating himself in public appearances won't drive him to a nice spot. But, as long as he is in the power, Venezuela is certainly doomedMind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.comtag:blogger.com,1999:blog-7112774529903115476.post-54050399446074073082008-11-17T15:26:00.000-08:002009-02-02T07:32:56.365-08:00Managing Your Online Business - The Investment/Cost/Profit RelationOne of the biggest advantages the <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">Internet</span> offers for entrepreneurs is the fact that you can start your business with virtually no investment, yet it does not mean you don't have to manage your online budget carefully. People mostly start with <span class="blsp-spelling-corrected" id="SPELLING_ERROR_1">AdSense</span> or some affiliate campaign to get their first online paycheck, but reinvesting wisely is not a simple task. Nowadays, there are tons of options that can bring more traffic for your website, e-store, or blog. We will talk about some of them on this post:<br /><br /><a href="http://www.google.com/adwords">AdWords</a>: the immediate mirror for AdSense, you can start with a minimum investment to improve considerably your page hits, since your AdWord campaign will allow possible costumers to get to your site from a direct google research or visiting related sites.<br /><br />Directories: some of them are completely free, while the price for others may range from attractive to unreal, the fact is: directories help your pagerank to climb considerably. Even if their traffic is not so high as google, when it comes to pageranks the existence of links to your sites on them will make a difference.<br /><br />Here are some of them:<br /><br /><a href="http://botw.org/">http://botw.org</a><br /><br /><a href="http://www.prolinkdirectory.com/">http://www.prolinkdirectory.com/</a><br /><br /><a href="http://www.webdirectory.cc/">http://www.webdirectory.cc/</a><br /><br /><br />Direct Advertising: if you know websites that may have the same audience you want in your own, you can offer them directly to put banners directly on their website to yours, may it be with recursive links, or offering a small amount of money for it, most of them will be interested in one way or another, since there is always more room for links in any site, and with a little bit a money you can see your Google Analytics charts jump high.<br /><br />There are plenty more options for improving your traffic with little investment, with a bit of creativity and a click for business, you can create from nothing a successful web business in a matter of months.Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.com0tag:blogger.com,1999:blog-7112774529903115476.post-75293634870989850802008-11-05T13:50:00.000-08:002009-02-02T04:54:00.465-08:00Forex Trading<span style="font-family:georgia;">The foreign exchange (currency or FX) market is where currency trading takes place. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.</span><br /><br /><span style="font-family:georgia;">Today, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[1] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[2]</span><br /><br /><span style="font-family:georgia;">The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.(via wiki)</span><br /><br /><span style="font-family:georgia;">The Rising of Forex is due the increase of world speculation merged with the availability of high speed internet world wide. Years ago the forex was only possible to those with high amounts of funds in their bank accounts and good relations with their bank managers. Nowadays with amounts as low as 1 dollar, you can already start trading your way to wealth. Dozens of forex brokers are available, and if you have an e-currency account (paypal, webmoney, etc) you can start trading in a matter of minutes, and it also makes cashwithdrawal very easy and reliable, the chances you will get scammed by a broker alleging problems with your bank transaction are nule. </span><br /><br /><span style="font-family:georgia;">Here is a website full of forex resources for beginners willing to trade, it is called </span><a style="font-family: georgia;" href="http://www.allforexbrokers.net/">All Forex Brokers</a><span style="font-family:georgia;">, and it has plenty of information for beginners and also for those initiated in the trading markets.</span>Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.com0tag:blogger.com,1999:blog-7112774529903115476.post-47782169018511291272008-10-17T13:46:00.000-07:002009-02-02T04:48:07.834-08:00Minimizing Your Losses - Trading OnLineThere are certainly a number of strategies to be used if you want to minimize your losses while trading. May it be on <span class="blsp-spelling-error" id="SPELLING_ERROR_0">forex</span>, stocks, commodities, you are not there to lose. As any investment involving risk, one has to accept the fact that not everything will always go as nicely as he expects, once you start a trade there are a number of factors that might get you closer or farther from your target price or trend, and basically there are two things that will help you to get your share of any deal and avoid any kind of unexpected situation.<br /><br />The first and perhaps most fundamental thing to be taken in account while doing any sort of trade is knowledge. It will shun any kind of unpleasant surprise, and drive you most often to the right direction. It is wise to look for each and every possible kind of information regarding your trade, may it be fundamental data, that can be checked each time an index is released by the financial authorities, watching financial news channels like <span class="blsp-spelling-error" id="SPELLING_ERROR_1">bloomberg</span>, keeping track of social and political situation of the countries which have the currencies you are trading, let alone a profound technical analysis from various charts with different time frames.<br /><br />The second <span class="blsp-spelling-corrected" id="SPELLING_ERROR_2">pillar</span> for having an optimized trading structure is to follow a strategy during all the trade procedure. A well known saying claims that if you keep changing your strategy, then you have no strategy, so it gets much easier to make or repeat mistakes if you are not following a steady one. It doesn't mean you have to choose one lifetime strategy, you just have to decide how are you going to trade one pair, and then follow your strategic principles until you close the operation, it will also improve your knowledge about each of your strategies efficiency. The emotion factor plays a fundamental role in this trading aspect, if you do not have a solid strategy, as soon as the next candlestick points the opposite way as it should be, an emotionally unprepared trader will be more likely to close it too late or too soon than a stable experienced trader.<br /><br />Considering these two main characteristics of trading, the chances of becoming a much more consistent trader with stable profits and controlled losses will be substantially increased.Mind Makerhttp://www.blogger.com/profile/01320521002018474734noreply@blogger.com0