abundantwealthdude

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So You’d Like To DayTrade(Or Not)

photo by Alesia Kozik

How to (not) DayTrade So you’d like to earn your living DayTrading? You have all heard the stories of losing DayTraders running down the streets shooting people?

During the heady .com days prior to 2001, (when Bush became president,) there were stocks, 3 or 4 times a week that went up from 30 to 200% a day. It was possible, if you knew what you were doing, to check before the market opened to see which stocks were running in real time and why. And, if you then had a fast electronic brokerage system you could dive into the market, buy a bunch and sell them the same day.

About 1% of people doing this consistently made money. I saw one private individual make a million in one day shorting Corel. And then there was somebody who lost a bunch hanging on too long to the WWWF IPO. As a matter of fact the bottom line is that if you take inflation into account you’d have been better off putting your money in an old sock since 2001. So what to do?

Give up on the Stock Market let alone give up on DayTrading? Don’t give up on the Stock Market, if you use the right system which is a simple set of formulas you can still make 30% or more on your money annually. Using this simple system $11,000 left in the market for 17 years would be worth more than one million dollars today.

But it is not DayTrading and you still would need a strong stomach to sit out these 17 years, because some of those years would give you negative returns. The bottom line is this; if you want to DayTrade there is only one way to do this today. And that is with MINDBLOWING News. MINDBLOWING News along the lines of: XYZ corporation finds cure for cancer. ABC Inc invents Eternal Life Pill DreamCar Corp invents car that runs on water. You get the idea.

And then I am going to use another qualifier: You should get this news BEFORE most other people get it. How to do this: For about $10 a month you can get a subscription to real-time market news. Get your Real Time Market News at about 6 AM Eastern Standard Time. Say you find the real time news that a company has invented a car that runs on water.

Check the time the news was first released, making sure that news item was not available yesterday. Buy the stock now with money that you can afford to burn ALWAYS USING A STOP LOSS.

Most electronic brokerage firms today allow you to buy stocks on NASDAQ only as early as 6 AM EST. Sell the stock at 9.28 AM EST to all the traders that are waking up. You could conceivably double your money. So would you then trade again in this stock after the market opens officially? No,I would not.

Too many mindgames will be played by market makers during the first day with the stock that produced the mindblowing news. Remember the statement above: “There have been very few days since 2001 that any stocks actually went up more than 30% in one day, the oomph has disappeared from both the Nasdaq and the Dow.”

Never hold the mind blowing news stock overnight, because people in most cases will dump it on the second day. One more tip: Never buy IPO’s on the first day. The most touted IPO(meaning almost all large brokerage houses were praising this IPO to the sky) cost people the most in decreased value on the second day after the IPO came out.

Who were the winners? The brokerage houses. So, if you have money to burn, have a cast iron stomach and want to watch market news from 6 AM to 9.28 AM EST, DayTrading may be for you.

[abundantwealthdude]

Get in the loop: Affiliate marketing for home internet business

photo by Alexas Fotos

Get in the loop: Affiliate marketing for home internet business

If you desire to work at home, but are sketchy as to whether your business skills are enough to succeed, try affiliate marketing for home Internet business.

Affiliate marketing is essentially a Web site network. Lets say you own an interior decorating business. Your Web site is dedicated to promoting your company and reaching out to potential customers. While your service is basically traveling to locations and performing consultations for redecorating rooms and businesses, you know that those who are interested in redecorating their homes are also into household accessories such as candles, curtains, antique furniture, etc. In this case, affiliate marketing for home internet business would involve contacting companies who sell these items, getting their permission to post links to their sites on your Web site, and collecting a percentage of profit for each purchase that company receives because someone clicked the link from your site to theirs and bought an item.

In turn, these companies may decide to post the link to your Web site on their site. Someone who is browsing for discount furniture may see the link to your interior decorating business and decide to contact you for a consultation. Once the contract is signed between you and the client, the Web site that sent business your way will then collect a tip.

For affiliate marketing for home internet business, having a business yourself is not even really a requirement. If you are nuts about hair products, you can make a living selling hair products without having to take orders or stock products.

How is this done? Create a Web site dedicated to hair tips and hair trends. Include columns and articles all about hair that will attract other hair gurus to your site. After your Web site is established, contact several online beauty product stores and set up affiliate marketing agreements.

Those who hit your site and/or become a regular visitor will inevitably be interested in ordering these products advertised on your site. Once that advertisement link is hit by your site visitor, and a purchase is made, you will then receive commission.

The key to having successful affiliate marketing for home Internet business is simply continuing to increase traffic to your site. The more hits on your site, the more chances you have of gaining profit from purchases made through links on your site. Promoting your Web site, writing articles that contain appropriate keywords and instituting a newsletter to subscribers would be promising ways to attract browsers to your Web site.

The more hits you have on your Web site, the more successful affiliate marketing for home Internet business will be. If a company sees that your Web site is regularly visited by hundreds of people daily, they will be more likely to join forces with you in an affiliate agreement.

[abundantwealthdude]

Video Marketing For Free Traffic

photo by cottonbro

Using video marketing to drive traffic to your web site is an online marketing strategy many small business owners and internet marketers are beginning to embrace, with much success. Having a traditional website only allows you to reach those people who first find your website. However, combining video, social networking and some simple video marketing techniques can drive hordes of qualified visitors to your website.

First, lets forget the silly videos youll find all over YouTube of kids running into fences and demonstrating the newest dance move. While that kind of video can bring in hundreds of thousands of views, it wont bring the targeted traffic you need.

Instead, consider making a video tightly targeted towards your niche. A real estate agent might make a video introducing herself and showcasing a few of her available homes for sale. A night club might make a video commercial with soundbites from partygoers. A software developer might make a video demonstrating his latest application.

Because Google and other search engines are beginning to give videos hosted on sites like YouTube preferential search engine ranking, its quite possible your video could end up on the first page of search results for your targeted keyphrase. This is incredibly powerful and not to be overlooked, as this is what will make your video marketing efforts well worth the time you invest in them.

Consider that YouTube itself may not have a huge market of people looking for videos on Oakland real estate. But if your video titled Oakland Real Estate made the first page of Google search results (again, due to the preferential search results video is receiving in the search engines) youd benefit from the hundreds of people who search for that term in Google seeing your video as the #1 result and ,in turn, watching your clip.

With the preferential treatment videos are receiving in search results, the question then becomes, How do I move people from watching my video on YouTube to actually visiting my website?

This is simple. Bribe them, at the end of your marketing video. What follows are some ideas:

* Offer them something for free at your site (a consultation, a report, free drink, demo version, MP3 download, etc.)

* Poll them or ask them a question they need visit your site to answer. People love to give their opinion. You can combine with the free offer, above, by giving them the freebie upon completion of the poll or question. This is invaluable for market research.

* Leave em hanging. Dont tell the whole story on your YouTube hosted video  instead, tell them just enough to incite curiosity. Then, instruct them to visit your site for the complete story or answer.

Each of these ideas are intentionally broad can be focused indefinitely and molded to fit your target market.

The key here is catching your audience while they’re hot; directly after having watched our video and giving them a reason to continue on to your website. The truth is that if you dont, most will simply click through to another video or search result. Capitalize on their attention and tell them where to go and what to do next  youll be surprised at how many will comply!

Even if youre no Spieldberg (I know Im not) you can produce traffic sucking videos with these simple methods.

[abundantwealthdude]

Making Money Online May Be Much Easier Than You Think

photo by Alexander Mills

Making Money Online May Be Much Easier Than You Think

There have never been more people interested in learning to make money online then today. The good news is, there have never been more ways to make money online as well. If you have a desire to make money on the Internet, you have an unprecedented number of choices in how to proceed.

Some common ways to make money online these days is to get paid for surfing the web or filling out online surveys. It’s quick cash, but obviously somewhat limited in terms of effort required. A much less labor-intensive way to make money is set up your own website and join affiliate programs.

Affiliate programs are a system set up by merchants that pay you significant commission when you send them paying customers through your website. It’s a win-win situation for merchants and affiliates, and a great way to make substantial money online very quickly.

Don’t worry, setting up a website of your own has never been cheaper or easier. And nowadays, you don’t even need your own website at all to make money online. You can take advantage of a variety of tactics and techniques that can get you started making money on the Internet right away.

In order to get started on your journey to making money online, you need to first be realistic in your expectations. Understand that making money online is just like making money in any other business — you’ll typically start out small and gradually build your income over time as you get better at it. It’s very rare for people to start making millions of dollars online within a year (although it has been done!).

One fantastic thing about making money online is that the cost of entry is so low. It’s possible to start out completely in the black, without having to invest in any upfront expenses such as office space or supplies. All you really need is a computer and an Internet connection. And you can do everything by yourself; you don’t need to hire employees or depend on anyone else.

It’s important however that you don’t let a negative mindset hold you back. A common reaction to the idea of making money online is, “I don’t believe I can” or “It’s not possible.” One of the most important keys to making money online is to believe that it can be done, and that you can do it. Many people don’t even try, or just give it a weak effort and give up too soon.

It’s a fact that millions of people are making money online today even while millions more believe that it simply cannot be done. Obviously, there is a disconnect somewhere. It’s likely that most people who are making money online are happy to hear that many people believe it’s not possible it simply means less competition for them!

The Internet has drastically changed many people’s lives all over the world. It’s the one way to make money that doesn’t depend on education level, or people connections, or status, or even experience. A decade ago, it would have been hard to imagine the so many possible ways to make money online available today. Whether part time or full time, people from all walks of life have found financial success and freedom online. If you have the desire and willingness to learn new things, you too can be part of this growing trend of online business.

[abundantwealthdude]

Looking for different ways to make money online? Well this is one of them!

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Whats The Best Type Of CRM Software For Your Business

What’s The Best Type Of CRM Software For Your Business

Customer relationship management or CRM is very important youre your business success in the 21st Century. The better the relationship with your CRM software the easier it will be to conduct your business and increase your revenue. So whats the best type of CRM software for your business?

There are four broad CRM software categories. Lets have a look at all four.

Off The Shelf Software Solutions

There are several software companies that offer CRM software applications that will integrate with existing packages such as Outlook, or Microsoft Office.

This allows you to reduce the number of versions of software you are running which is more suitable for the smaller businesses. Generally this is the cheapest option available to business because you are purchasing standard software components which are much cheaper.

The key to success is to be flexible without compromising too much of what you need because the biggest problem with this option is that software may not always do exactly what you want. When you combine you sometimes trade off functionality for convenience and price

Outsourced Solutions

Application service providers are able to provide your company with web-based CRM solutions. This is an ideal choice if you need to implement a CRM solution quickly and you do not have the needed in-house skills that are needed to tackle the job from the beginning. It is also a good choice if your company is already geared towards online e-commerce and your CRM just becomes another element.

Managed solutions

A half-way house between Bespoke and outsourced solutions involves renting a customized CRM software application as a bespoke package. This can be a very cost effective CRM method however you must be prepared to compromise some functionality.

Bespoke software

If you are looking for the best of the best in CRM software Bespoke provides the ultimate in CRM solutions that are tailored to your exact needs. You will be working with consultants and software designers, and software engineers who will customize your CRM software system to your exact needs and wants and then integrate is with other software you are running.

Although this option gives you the most flexibility but its also the most expensive which is why its important to take time to consider what exactly you need and what you will need in the future. Consider the type of reports you need and the type of reports the CRM software can produce.

Now that you know the four main options that are available to you it will be much easier for you to decide which type of CRM software is best for you.

[abundantwealthdude]

Rod Stinson Tells How To Make $500 Or More Per

Rod Stinson Tells How To Make $500 Or More Per Day – Thats Right-$500 A Day

Less than three short months ago, a new 1Step System was born with a very real potential for generating a great deal of income in a short time. Co -founders Rod Stinson and Chris Koehl have brought this opportunity to people all over the world. Many are joining now because the company is still in its infancy, which from a marketing standpoint is surely the best time to get on board.

What makes this business opportunity so attractive is that it is so easy. It is appropriately called the 1 Step System. It stands to reason, the more an individual puts in to their business, the more he or she will get out of it, however, your early efforts in the beginning stages can easily provide at least some income while you lay back and observe.

Everyone knows, there is no such thing as a free lunch, however, I haven’t seen another business opportunity where start-up costs can so easily be recouped in such a short time and profit starts rolling in. From those who have no experience, to the most seasoned marketer, its a great opportunity to see a steady cash flow in a relatively short time. It’s also a great way to earn extra income at home. Those with years of Internet marketing experience are calling it a brilliant concept designed for building wealth for anyone who is savvy enough to see its earning potential.

Our experience has revealed that to many entrepreneurs out to earn extra money from home, have fallen victim to deceptive and greedy get rich quick scams that guarantee your success. This business sets itself far apart from those, and what is so refreshing about the 1 Step System is there is no selling, no phone calls, no explaining, no answering questions and no closing. Most of the work is done for you. It’s a fact, co-founders Rod Stinson and Chris Koehl have taken the ‘Net by storm. It’s nice knowing that with this business, anyone, regardless of their experience or background, has the same chance for financial independence.