Friday, 12 July 2013

EBay Income Possibilities.


If you've ever read an article about eBay, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay.

Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few. Now consider that every single one of one of them must be making at least $1,000 per month, as that's eBay's requirement for becoming a PowerSeller. Silver PowerSellers make at least $3,000 each month, while Gold PowerSellers make more than $10,000, and the Platinum level is $25,000. The top ranking is Titanium PowerSeller, and to qualify you must make at least $150,000 in sales every month!

The fact that these people exist gives you come idea of the income possibilities here. Most of them never set out to even set up a business on eBay - they simply started selling a few things, and then kept going. There are plenty of people whose full-time job is selling things on eBay, and some of them have been doing it for years now. Can you imagine that? Once they've bought the stock, everything else is pretty much pure profit for these people - they don't need to pay for any business premises, staff, or anything else. There are multi-million pound businesses making less in actual profit than eBay PowerSellers do.

Even if you don't want to quit your job and really go for it, you can still use eBay to make a significant second income. You can pack up orders during the week and take them down to the post office for delivery each Saturday. There are few other things you could be doing with your spare time that have anywhere near that kind of earning potential.

What's more, eBay doesn't care who you are, where you live, or what you look like: some PowerSellers are very old, or very young. Some live out in the middle of nowhere where selling on eBay is one of the few alternatives to farming or being very poor. eBay tears down the barriers to earning that the real world constantly puts up. There's no job interview and no commuting involved - if you can post things, you can do it.

Put it this way: if you know where to get something reasonably cheaply that you could sell, then you can sell it on eBay - and since you can always get discounts for bulk at wholesale, that's not exactly difficult. Buy a job lot of something in-demand cheaply, sell it on eBay, and you're making money already, with no set-up costs.

If you want to dip your toe in the water before you commit to actually buying anything, then you can just sell things that you've got lying around in the house. Search through that cupboard of stuff you never use, and you'll probably find you've got a few hundred dollars' worth of stuff lying around in there! This is the power of eBay: there is always someone who wants what you're selling, whatever it might be, and since they've come looking for you, you don't even need to do anything to get them to buy it.

So you want to get started on eBay? Well, that's great! There are only a few little things you need to learn to get started. Our next email will give you the lowdown.

FOREX Boomerang Testing


The term "forex" is short for "foreign exchange," and represents the brisk trade in international currencies. The global forex market is very busy, with an average daily turnover of $4.0 trillion as of April 2010. The market operates 24 hours a day, 5 days a week. It continues to grow, with almost 55 percent of forex transactions taking place through banks in Great Britain and the United States. Many forex traders are individuals, and the boomerang is a strategy individual traders test and use in the market.

Forex Basics
Forex is also known as FX, or sometimes 4X. Forex is an over-the-counter market, which simply means that one financial instrument is traded directly for another. All trades are done by computer, and a trade is executed in the act of buying one currency while simultaneously selling another. In short, a trader exchanges one type of currency for another. Approximately five percent of forex traders consist of companies that buy and sell products with foreign countries, and convert profits into local currencies. The other 95 percent of forex traders are speculators who trade strictly for profit.

Testing
Testing refers to simulation of a trading environment. The simulation is used to test trading strategies without actually risking any money. The theory behind testing is that trading strategies replicated successfully in a testing environment, using historical market data, may be successful in real trading. Strategies can be implemented manually, or automated with software known as trading robots.

Boomerang
The boomerang strategy is designed for the EUR/USD currency pair. This is the most commonly traded currency pair in forex and it has a narrow bid-ask spread, which is the difference between what a seller is asking and what a potential buyer is bidding. A narrow spread is conducive to trading strategies involving quick execution. The boomerang is that type of strategy, and is based on the tendency of the forex market to have very little activity at certain times of the day. This is due to inactivity in the three major forex markets -- Great Britain, the United States and Japan. This creates unpredictable and unreliable market movements.

The Strategy
The boomerang strategy starts with a sell order for a currency, entered at a price that is above the current market price. This allows a possible execution if the market moves higher. At the same time, another trade is set as a buy order at a price below the market, to execute in case the market moves down. A common term in forex trading is "pip," which stands for "percentage in point," and is the smallest allowable change in price, equal to $0.0001. In the boomerang strategy, trades are set at 15 pips above and below the market price, with stop-loss orders placed on each trade in a 15-pip margin. A stop-loss, also known as a stop order or stop-market order, is a sell order placed to execute when a security --- in this case, a certain currency --- reaches a designated price. Stop-loss orders are used to limit a trader's losses on his positions.

Trading Activity
Since trading activity is very thin during the major markets' downtime, one large trade order can move the market, with the probability that the market will retrace, or move right back to where it was. This provides the opportunity to execute at least one trade. This strategy is designed to close trades quickly to make a profit, but is best used by an experienced trader.

Automated Forex Trading: Clever yet Effective Technology


Why Forex trading? This is probably one of the questions that you need a reasonable answer. There are hundreds of investments out there that you can prefer, but why go trading foreign currencies instead? Forex investment is unique in various aspects. Its trading volume is relatively huge compared to other market.

It has extreme liquidity or the capability of either buying or selling the currency without causing significant movement in the market price. It has the largest number and variety of traders. It is one of the markets that have long trading hours (24 hours each day, except during weekends. Trading locations are almost everywhere, not just in the United States or major cities of Europe. There are different factors that affect foreign exchange rate.

Another whooping fact that will make you excited to go on Forex trading: it has an average turnover in traditional foreign exchange market of around $1.88 trillion daily, according to the Triennial Central Bank Survey of the BIS (Bank for International Settlements). Here are the daily averages of turnover on the Forex market for the last 17 years:

$500 billion (April 1989)
$750 billion (April 1992)
$1.18 trillion (April 1995)
$1.48 trillion (April 1998)
$1.16 trillion (April 2001)
$1.88 trillion (April 2004)

From the figures alone, you will notice that the average trend of Forex turnover is increasing. It is estimated to reach as high as 2 to 3 trillion dollars within the next 8 to 10 years, if the number of traders around the world will continue to increase. As a matter of fact, everyone have the chance of getting a substantial slice of the Forex market wealth pie, especially that the Forex trading marketing is now on its automation process.

The concept of automation becomes the new trend to the foreign exchange trading market. The Interbank spot Forex market has also considered switching to the automated method as well. There are several benefits that a Forex trader can derive from automated Forex trading. Here are some of such benefits and figure out why Forex trading as well as other investments (futures and commodities) prefer the automated process.

Through automated process, transactions can now be done in real time. Although manual systems have existed for quite some time now, it is difficult to achieve such benefit that the automated Forex system can offer to its traders. All of the trades can happen within a few milliseconds and can be a big plus for automated transactions against the manual system. In fact, there are problems that are addressed using automated Forex trading especially if the trader is losing a few times in a row that prevents him from making new trades. Such problem could be addressed using the automatic trading system.

With automated Forex trading, you will have a greater diversification. It means that you can trade in various markets in different time zones at a time. You can execute trades with traders from Singapore or London even it is already 12 midnight in the United States. This benefit allows you a multiple exchange model option. You can use varying trading models to evaluate short-term data. This means that you will be able to predict the trend for a shorter period of time, let us say from fifteen minutes to half an hour.

As previously mentioned, the Forex market is unique because of its extreme liquidity. This liquidity is increased when the market goes automated. Risk management problems are solved through automated Forex trading. International checks, which are commonly used in making purchases on Forex market, are synchronized through automated technology. Since the transaction in an automated process is now on real time, there is a slim chance that the payments will be delayed, reducing the risk of non-payment by either parties. Although there are problems noted with the use of the automated system, it can be fixed through consistently-updated technologies.

With automated Forex trading market, the prediction of $2-3 trillion average daily turnover within the nest 8 to 10 years can be changed within the next 4 to 5 years. Given the quick yet efficient trades on varying time zones, automated Forex trading will now be among the existing lucrative business around the world.