Friday, December 15, 2006

Make Money Using MySpace

By Paul Giordano

In today’s increasingly expensive society, a need for a second income arises more and more each day. The problem with this is that no one has the time to get a second job, so we often Google various methods of making money online. Unfortunately, with all of the money making schemes online today, it’s hard to really trust that one method really works. I, myself, went through this same problem. Spending money on e-books that tell you all these “easy” ways to make money can empty your pockets rather than fill them. Especially because most of these schemes require you to have some sort of expertise of the internet. Now because of this, these schemes may seem like scams, but you have to look at them from a different way. I was fortunate enough to realize that is a plethora of resources available and it’s very possible to make money using MySpace as your gateway.

Since MySpace is the internet’s largest online community, this is the easiest way to advertise or reach millions of people with just a push of a button. This is the bread and butter to making money online. All you need is traffic to wherever you want people to go. Whether it’s selling something, or just PPC (pay per click) advertising, traffic will generate turnover and put money in your pocket. I know from experience that the way to make money on MySpace is easier than you think.

First, you need a way to generate revenue. You can start by joining an affiliate program network. Affiliates programs are when you will advertise a product for a specific seller. Every person that is forwarded to the seller’s website through YOUR advertising, you will make a percentage of the profit, it’s that simple. They seller will provide you specifically coded links that you can post anywhere on the internet, and these links will refer back to your program every time someone uses them. You can also start a blog. On your blog you can have PPC ads which generate revenue for you. After a while, it’s money straight into your pocket. But first you need to get people to click your links and visit your site. This is where MySpace comes in.

With MySpace, you can use bulletins, messages, or comments to post these links, but you have to do so carefully and discretely. You don’t want it to look like spam. You also have to build a large friend list with MySpace. With a large friend list, you can reach all of your friends with the push of a button. The method that I use is with a friend adding program like The Official MySpace Friend Adder. With a program like this, you can add 500 friends per day, and reach out to millions automatically. This program alone has generated hundreds of thousands of referrals to my affiliate programs. All I do now is create a cool looking bulletin with my affiliate link embedded within it, and send it out automatically. Just today I reached over 14,000 people without having to do anything. The great part of this is that I’ve had a great amount of turnover from these people. But you have to make the bulletin’s look interesting. You can do the same thing through commenting. Wirh a good friend adding program like The Official Friend Adder, you can send comments to everyone at the same time. With this you can even post your links on someone’s page and allow people that aren’t on your friend list to click on them.

Making money with MySpace is such an easy way to generate a second income. Just follow the steps I provided, get yourself a friend adding program, and you will be making money in no time.

PaulG is an expert on internet social groups, especially MySpace. Add up to 500 MySpace friends per day, leave tons of comments and messages, and gain traffic to your MySpace profile by checking out The Official MySpace Friend Adder. Try it out for free!

Article Source: http://EzineArticles.com/?expert=Paul_Giordano

Sunday, December 10, 2006

A Beginner's Guide To The World Of Forex Trading

By David Shephard

You will undoubtedly have heard of the foreign exchange, or Forex, market and will also probably be well aware of the buzz that currently surrounds it. You may also have heard of the many advantages that it offers over other forms of trading, such as trading on the stock market, and have thought about trying it out for yourself. But just where do you start?

Well, in this short introduction, we'll cover the basics of Forex trading and give you an idea of just what you need to join this exciting and fast growing world.

Until about twenty years ago the foreign exchange was the preserve of large players such as national banks and multi-national corporations. However, during the 1980s, new rules were introduced to permit smaller investors into the market and their entry was facilitated with the introduction of margin accounts. Without going into too much detail here, a margin account means that it is possible to trade with more money than you have in your trading account. For example, a 200:1 margin account would allow you to participate in trading a block of $200,000 with an investment of just $1,000. In other words, it is no longer necessary to have the huge sums of capital available to the major financial institutions in order to trade in the Forex market.

Now, although the entry level has been lowered, this does not mean that Forex trading is easy. The world of Forex trading is complex and, like any other market, it is not without its risks. The first tool in your armory therefore is education. Before you embark on any form of trading you will need to sit down and study the foreign exchange markets carefully. Arming yourself with knowledge about the Forex market and how it works is the only way to ensure that you are making wise investment decisions right from the outset.

Forex traders normally require a broker to handle transactions for them and, as a beginner, you would be well advised to start by finding yourself a good broker. The majority of brokers are reputable and work alongside large financial institutions, such as banks. A reputable broker will be registered with the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) which is important as this provides you with protection against abusive trade practices and fraud.

Opening an account with a broker is normally a simple process of filling out a form and producing a suitable form of identification and, once this has been done and you have added funds to your account, you can begin trading. Your agreement with the broker will specify the margin on which you are allowed to trade through him and will also normally give the broker the authority to prevent a trade on your account where the broker feels that the trade carries too high a risk. This is simply to protect the broker as, on a margin trading account, you are essentially trading with his money and not your own.

Brokers will usually offer a variety of different accounts to suit individual investors and many will have "mini" accounts which allow you to start trading with as little as $250. Standard accounts will require an initial deposit of between $1,000 and $2,500 depending on the broker. The margin, or leverage, allowed will also vary between accounts.

Most brokers will also have facilities for those people coming into the Forex market for the first time to learn the ropes by carrying out simulated, or paper, trades for a period of time. In this case trading is conducted in the normal manner but no money is involved and each trade simply takes place on paper. This gives the newcomer an excellent opportunity to see trading in action without the associated risks while gaining an understanding of the market.

Many of the online brokers, though whom an increasing amount of trading is being done, have simulated accounts which allow you to make free paper trades for up to 30 days and every newcomer would be well advised to take full advantage of this facility.

Brokers will also have their own set of software tools to assist in making transactions and you should take your time to familiarize yourself with these before launching headlong into trading. In addition, there are several tools that are common to all Forex brokers such as real time quotes, news feeds, technical analyses and charts, and profit and loss analyses and you will also need to acquire a good basic understanding of how each of these can be used.

One final point to remember is that trading in the Forex market is free of commission and so, unlike many other markets, you can make several trades in the course of a single day without worrying about running up huge brokerage fees. The brokers will make his money from the difference between the buying and selling price on each transaction.

Visit ForexOnlineTradingSystem.info to discover more about how you can learn forex trading online

Article Source: http://EzineArticles.com/?expert=David_Shephard

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