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Sunday, June 7, 2009

How To Make Money From Passions

By Kamil Dixon

With any business you choose to market, if you lack passion for your venture it will reflect in your results. I learned the hard way because I chose to think I knew enough and I just wanted to make money, when you find something you have passion for, diligence is easy to maintain

If your not sure what to join, that's natural, the internets so big, there's a niche for almost whatever your into, have passion in your pursuit of the business for you, and then marketing that business will be much more in your comfort zone.

Being an Internet Marketer can be a breeze compared to a 9 to 5 job, but it's your responsibility to be disciplined and actively dictate your income. When you Market your passion, people feel your confidence, and it makes your work much more of a past time than a task.

Most people will not make a dime online and yet there are others who will make more in one month than most people make in a whole year. Why is that?

My answer begins with the age-old chicken or egg question, "what comes first the chicken or the egg"? Personally I vote for, well never mind, each argument you or I make comes back to the same old conclusion - I have no clue and I don't think many of us do either.

Passion is the glue that holds together visions in time of uncertainty. When you have passion, there are not walls or closed doors to your success, only speed bumps. Loving what you do increases the odds in your favor.

What's Passion? It's the effort you put into understanding what you promote, resonating with its benefits and emitting the excitement of insight into something good. When you have Passion, work is like a kid at the candy store.

Don't get me wrong; passion is not required, although it should be. There are so called Guru's that can sell just about anything, because they understand how to sell, and have been around the block. But if you're new to the game and your money is limited, don't do anything you wouldn't take home to show your family in confidence!

Now Passion and insight into what your selling inst enough because to be successful you must also have a good website, good marketing, widespread advertising, company support, effective keywords, and etc. Those things are often learned from the company you join - but sidestep Passion and you reduce your chances for success dramatically.

The point is that there's going to be ups and downs, times when you have to step out of your comfort zones to define a new comfort, to endure these changes with minimal relapse, passion is a prerequisite.

Internet marketing work is typically not all that difficult or time consuming but it does take motivation caused by Passion to get you off and running with a sustained effort so that you won't stumble.

You have a great resource in the Internet search engines to search about the Internet Marketing industry for business opportunities, USE IT!

Search for something that you can promote with dignity, something that reflects great principles and gets you excited in its potential. Something easy to understand with great products and services that are sell-able for which you can have Passion. If you don't find it the first couple of searches move on, you can find the right opportunity with everything above. Invest the time and it will pay you interest in the future.

Comments like, well, that one sounds good and the compensation plan is excellent so I guess I'll start that business - does not sound like a decision based on anything near Passion. And remember when you hear that an Internet "guru" does that, don't be tempted, because as I said earlier they are experienced and can sell just about anything, without being Passionate about the company products and services.

Note: With experience, eventually you will learn to understand what people want and how to present anything you believe in, when that time comes, you'll know you are no amateur anymore, now you're an Internet marketer.

There is more that you want to know to be able to call yourself an Internet Marketer and dictate your income, but if you don't first find the right company products and services to be passionate about, all of those other steps may just cause you a lot of frustration instead of bringing you great success.

Lacking passion for what you promote is a foundational mistake you have to avoid. There's a lot of opportunities to choose from, hit the search engines and choose wisely, and flow from there - 23217

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The Truth About Fap Winner

By Chris Telly

A lot of day traders have earned millions from investing in the foreign exchange market. But, it is a double-edge knife because sometimes you can lose out on your investments as well. This is why a select number of day traders have started using FAP Winner.

Im sure youve heard about FAP Winner and you might be wondering what its all about.

FAP Winner is an exclusive website for users of Forex Autopilot and FAP Turbo.

What the website offers to its members is a load of trading strategies and tips to make you into a savvier investor. After creating the FAPTS or the Forex Autopilot trading strategy, Charles A. Floyd started the FAP Winner Website.

Depending on the membership level, members of the FAP Winner will be able to gain access to the forex autopilot robot, different discussion forums, personal coaching, updates as well as customer support.

Day traders who have tried using the FAP Winner swear that it has really allowed them to earn a lot more.

One good thing about FAP Winner is that you only need to pay once to get unlimited access to the website.

It does not matter if you get consistent results all the time if you subscribe to a website that is well above your means.

The second thing about FAP Winner is that although most of the reviews available online are all positive, there arent that many reviews about FAP Winner in general.

This only says one thing: FAP Winner works but it is not being used by that many investors. If you try the service now, you will have a special resource in your belt which others may not know about.

Finally, you do not have to rack your brains out to be able to figure out what exactly FAP Winner wants you to do.

All of the advice, tips and strategies are presented in a very clear manner so that you will not be mislead or anything. - 23217

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Stock Data Content License

By Gilbert Stockton

Stock data content license is used to create corporate websites. There is an agreement that handles all the information such as displaying, modifying, reproducing, transmitting information across the internet. It handles and covers people who want to redistribute or produce, sell, publish, transmit content and excludes them. It is also covers stock information that is found on the corporate websites.

The agreement is between two entities on the license: the first allows the second to use information provided daily for intended purposes only. Which means there is no redistribution to other parties and everything is non-transferable.

Among the items governed under, data content license agreements are domain hosting, computer systems, web browsers, email accounts, software and much more. Stock data license agreements, allow the corporation or company to pick, and to choose the components of the stock information for their website. The corporation's data lists all the elements or components of the stock information available includes: Financial components, Automated features, and Utilities.

There are many subcategories under the stock data content license. In order to change an agreement there has to be a renegotiation amendment. Often, this will result in a new stock data content license.

The content license could provide under Financial Components a stock price table, daily stock quotes, a historical stock chart and current SEC filings. It could also provide Automated, features such as a calendar of corporate events, information request forms and perhaps a press release.

In addition to the above items, stock data content providers make available to corporations many other enhancements for a corporate website. There are banners, graphics tables, stock screeners, crawler graphics, ticker bars and much more available under the the data content license. The daily stock information is the same information available on many websites. Some companies possess a non-exclusive data content license, which is worldwide and allows the companies to display and transmit any information on the corporate website anywhere in the world. A particular country may choose however, to block the data from its citizens. - 23217

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Which Forex Trading Programs Are Right For Me?

By Perry Guidry

The basis for forex trading programs is real simple. They are meant to help you make money trading forex. The problem is that they only teach you one kind of technique to forex trading.

You should really be looking at other educational that can teach you a broad range of trading skills all the way from the basic level to the advanced trader.

Hence, what do you think is the ideal proposition to confront the markets and begin earning more profits? If I were you, I would have adopted the shortest and easiest approach to make money. These classes have been simplified to understand, uncomplicated to conduct business and above all, they help you make money in a short time once you start learning the process.

A couple of the more popular approaches to trading come from courses like "Forex Trading Made EZ" and "10 Minute Forex Wealth Builder". The simplicity of these courses are what make it so brilliant. If you have an open mind about this, there is no reason you can't succeed. If you are into trend trading, then you should look at a course like Hector trader. This is important because you always want to be able to trade with trend. The classes involve both books and videos.

You should do your best to study the techniques learned from these courses. After all, you are getting an incredible variety of education from these respective teachers. This will lead to an amazingly diverse trading portfolio that should help increase your profits.

Then, I would attend a class that would educate me fully about the markets so that I would not appear ignorant while learning some of the things in other classes.

Among all other programs, I enjoy learning Fap Winner and Straight Forex. If you gain thorough knowledge of the three short-duration courses and one long course, then there is no reason as to why you cannot flourish in the markets.

It all boils down to hard work. If you are ready to get your hands dirty and be prepared to work, there is absolutely no reason as to why you can't succeed. - 23217

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Money Management in Forex Trading (Part I)

By Ahmad Hassam

Many forex traders start trading live before understanding and learning good money management rules. Develop a few good money management rules and practices them on your demo account before starting live trading. Developing your money management rules mean how much of your money, you are willing to risk on one trade. It also means determining how many contracts per trade your risk tolerance allows?

The important question is how you can improve your investment results by making small changes to your trading strategies. Proper money management can be the difference between becoming a successful forex trader in the long run or an unsuccessful one who decimates his/her account in a few weeks.

Have you ever played poker? If not, watched it being played online or on TV! If you have then you will never see a good poker player play all his/her cards on a single bet. Good poker players know that by risking only a small percentage of their money on a single bet, they can win and lose. But he/she will still play the next hand. If he/she puts everything on the table on a single bet; it will have to be a 100% sure bet. An impossible thing, you can never be 100% sure. Life is full of probabilities. Nothing is for sure.

You must know this that currency trading is far more complicated as compared to playing poker. You will be dealing with hundreds and hundreds of variables that can affect the markets. What to talk of only 52 cards. You must understand and implement good money management rules in order to succeed at forex trading in the long run.

There are many pitfalls that you will run across while trading. A trader is constantly under the pressure of two emotions; greed and fear. When you win a trade, you become greedy and want to risk more to win big. You want to strike it rich in a few trades. This drives you to take more and more risk.

In case you lose a trade, you will become fearful of risking your money on the next trade. Now, fear will take over and impair your decision making. Fear will make you lose confidence in your judgment and decision making. Lets see how fear and greed can impair your trading results.

Lets assume you have a run of successful trades. You become overconfident. You are not satisfied by risking only 2% of your equity on a single trade. You want to risk more on the trade because the more you have in a trade, the more you will make if you are right. You increase your risk to 5%. You win. You increase it further to 10%. You again win. Now, you finally decide to put 25% of your equity at risk on a next trade. Misfortune strikes, your successful run comes to an end. You lose.

Suppose you had a $100,000 account and you had foolishly risked 25% ($25,000) on one single big trade. You desperately wanted to win but lost. Losing $25,000 means you have only $75,000 in your trading account now after your loss. How much you need to make to get back the original account balance of $100,000; you need to make $25,000 again. It means you will have to make 25,000/75,000= 33% in order to get back to the original amount. You risked 25% but now you will need to make 33% to breakeven.

Many investors once they lose a trade try to risk more to recover their original loss, ending up losing more and more. Very soon those investors destroy their accounts and are out of trading forever. There are other investors who try to reduce risk even further on making a loss; eventually they divorce themselves from any opportunity for meaningful growth in their accounts. - 23217

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