The Importance of News to Forex Traders

Posted on by Bella E. Hussain

Forex Traders
In this era where information can be an extremely powerful and strategic asset about forex traders, whether to individuals or corporations. For the especially for a trader, shutting yourself off from news can be suicidal. The Forex market is extremely sensitive to the flow of news that is related to it. Traders around the world make a living by processing and translating information into money. Financial news services providers know how important news is to the Forex market players, and charge a premium for it. It is not uncommon to get hundreds of headlines of news that are potentially relevant to Forex trading.

Forex traders news update

Forex traders, especially those who day trade the Forex market. Require the latest up-to-the-second news updates so as to facilitate their trading decisions which have to be made at lightning speed. They mostly make use of online financial newswire services such as Dow Jones Newswires, Bloomberg and Reuters, which display the latest financial news on their computer monitors. Since the speed of news dissemination is very important to traders, many opt for these online instant news services rather than depending on daily newspapers like the Wall Street Journal or the Financial Times which carry stale news that is of little use to traders.

Trader’s perceptions

The main reason why news is so important to Forex traders is that each new piece of information can potentially alter the trader’s perceptions. This future situation relating to the outlook of certain currency pairs. When people’s opinions or beliefs are changed, they tend to act on these changed perceptions. It through buying or selling actions in the Forex market. Based on the news, these traders will be preparing to cover their existing positions or to initiate new positions. A trader’s action is based on the expectation that there will be a follow-through in prices when other traders see. You can interpret the same news in a similar way that he or she has.

News is a very important catalyst of short-term price movements because of the expected impact it has on other market players. This is in a way an anticipatory reaction on the part of the trader as he or she assumes. That other traders will be affected by the news as well.

About forex market

Publicly released news is disseminated to the various newswires. Any trader with access to these wires can tap into the information given out. You can react accordingly in the Forex market. However, institutional players do get information that retail traders don’t. They get privy access to order book information in their computer systems.  You also know something that others don’t through their personal contacts in the industry.

Think of it this way: The Forex market is dependent on news, for if there is no news, there would be little or negligible price movements in the market. Even if currencies may move according to the technicals sometimes. The technicals have been established previously by expectations of future news. The influence of news on currency prices is inevitable and inescapable.…

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Small Business Internet Marketing Help

Posted on by Bella E. Hussain

Business Internet Marketing
Having a website and business internet marketing for two very different things. Most small businesses these days have a website, some are really ‘good looking’ website where they paid a graphic designer a healthy sum of money.

Problem small business internet marketing

The problem is most small business website are never found on the internet. Therefore their website is not generating new leads and customers on a daily basis. This where small business internet marketing comes in, there are many ways you can position your website on the internet. It is found by the exact people you want to attract.
Once you have a functioning website set up to be search engine friendly then you want to get your website indexed by the major search engines like Google, Yahoo and Bing/MSN this way you website will show up when a particular search is entered.

Create more related content

Some other things you can do to help your website show up in the search engines for various keywords or phrases is to create more related content and link it back to your website. You can do this by writing and submitting articles, blog posts, forums, videos, press releases, social networking and more.

There are many more ways to get people to visit your website then just the search engines, many people read articles, watch videos, etc and many of these naturally rank high in the search engines, this means you are able to get multiple listings in the search engines that all link back to your website.

Social networking sites

Social networking sites are extremely popular these days and millions of people visit these sites every month. I am talking about site like Facebook and LinkedIn. For years now webmasters have used these sites to generate more traffic to their website for free. It is a great way to interact with your potential customers.

Pay Per Click advertising is also another great way for small business internet marketing. This simply allows you to pay only when your advertising works. You simply pay a few cents only when someone clicks on your ad. This is very effective method that can bring in fast results however it can be a little trick at first if it is your first time. To do small business internet marketing effectively you can hire external help which can be costly. You can follow a proven system and get one of your staff to do it for you.…

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Internet Marketing Principle Series

Posted on by Bella E. Hussain

Internet Marketing
Those familiar with my writing and mission know that I swear by the potential for wealth creation and personal and financial freedom through Internet marketing. Among the many reasons and virtues is the ability to be profitable, earning money, WHILE, you learn the ropes of Internet marketing.

Key factors in a profitable Internet marketing business model, are copywriting, sale funnel, complete with upsells, backend sales and customer retention products and residual income components as well as passive income streams and the ever important marketing system. Finding the training and system with high converting marketing tools is crucial to beating the Internet marketing learning curve.

To hammer home THE key features, sales funnel, residual and passive income. A truly successful Internet Marketing business, works to put highly targeted prospects into a welled planned sales funnel with highly relevant products and services which are drip fed to those actually NEEDING these products and services. The fact that your products are ethical, practical, profitable and 100% feasible, gives you high conversion and retention. The issue of residual income only makes sense. Once a satisfied customer is acquired, recurring payments is efficient for both parties. The 3rd and final criteria is passive income, usually sub-affiliates or 2 and 3 tier royalties on products and services.

But no matter what system you are involved in or stage in your Internet marketing business, quick implementation of the training and skills being acquired is highly advised. If you are studying or training copywriting or article promotion then WRITE, start promoting with the written word NOW. Remember you are always promoting, and testing results, don’t sweat the trials and copy that doesn’t convert. Do your research and adjust and adapt.

One mindset gem is “succeed by copying the successful” The “earn while you learn” is a popular theme and selling point of many marketing systems, so due diligence is advised. We can expect to pay 3 to 4 thousand for start up and training, and 100 in Internet marketing tools a month. Make sure the system or mentor you choose, has achieved the exact success you have set as your financial and lifestyle goals.

But unlike brick and mortar businesses, the Internet based business can, if done correctly and especially Information marketing and digital product fulfillment can be in profit very quickly. The only true secret of success is to take action. Success can only happen by action. Take it, fearlessly, your learning. Believe me, no matter how good someone thinks they are, they can always learn something, oh and remember, everything will be alright in the end, so if it is not all right now, then this is not the end. Go make your success!…

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Need to Know About Secured Payment System

Posted on by Bella E. Hussain

Payment System
Do you own online business and wish to grow with time? No matter what your site offers make sure you have secured payment systems. With quality payment systems the bond between sellers and buyers ends up being strong helping business to grow tremendously. Day by day access to internet is becoming very cheap and users are ready to enjoy the experience of shopping all at the comforts of their home. With the growing trend to shop online, it is extremely important to implement secured online payment.

Research shows that users tend to visit e-commerce site and love to browse through different category of latest products. Consumers also want to shop from those sites that ensure that their personal but delicate information is safe and secure. Thus, experts feel that it is extremely important to ensure proper and fair retail transactions.

This growing trend has contributed to evolution of series of payment. Some of the popular and most preferred payment gateways are Paypal Technology, Google Checkout, World Pay, etc. Thus, the debit and credit card is one of the most used payment mode. What you need to do is implement the right payment gateway for your business. But how do you choose the right payment system for your business? One of the simple ways is to try any of these payment gateways for shot period to see whether it is compatible with your business or not. Here come other few simple tips to pick the payment system.

Security

This is the first foremost things that you must consider. Never compromise with this issue. No buyer or seller wants to have fraud payment processor and rob away with their hard earned money. Pick the payment gateway that offers the tight security in each layer of payment process.

Transaction Fees

Each payment gateway has its own transaction fees. No wonder every business wants the cheapest one to maintain their target profit margin. Browse the different payment gateways and select the one that best suits to your business and offers quality security in processing.

User Friendly

Select a payment system that is user friendly and processes payment rapidly. Complicated commands and interface might discourage to buy from your site. Simultaneously, choose the payment gateway processing single or bulk payments rapidly. Delayed transaction and payment can cost you heavily where you can lose your valuable customers.

Stability

Stability is an important aspect when a business is planned in long run. Thus, systematic and proper implementation must be ensured for smooth running of business. Stability is the path to earn a good reputation.

Proper Authorization

Last but not the least, cross-check the authorization of the payment gateway. Remember by following the law not only you make your business secures but also the interest of your customers. Select a payment gateway that follows the rules and regulations of transferring money online.

Secured online payment system is very important to conduct proper e-business and gain the loyalty of customers. Rely on secured payment system to make your e-business work as hard as you.…

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Networking on an Hour a Day

Posted on by Bella E. Hussain

Networking
Are you willing to apply an hour a day to networking? For some business people, it may be impossible to squeeze another sixty minutes of work into their day. Others might not be able to imagine what they could do every day besides go to a networking event – and who could find one of those every single business day of the week. There might even be those who are in the very envious position of having built their business to the point where the customers roll in, whether they network or not.

But there are some people for whom an hour a day is an absolute minimum requirement to not only grow their business, but for some it is a matter of survival. If you’ve started a new job in a sales related position such as real estate, mortgage lending, financial planning or other commission-paid positions, an hour a day is the least amount of networking you can survive on. Or, if you’ve joined a multi-level or direct selling company without having a very large, personal warm market already, you’re going to need that hour and more. Finally, if you are one of the unfortunate many in American who are now looking for a job in today’s tough economy, then networking should take up a good portion of your job-search time.

So what do you do with that hour? You probably won’t be able to attend one event every day without incurring significant travel time. Plus, that neglects the very important follow-up part of networking if you spend it all in going places. Here is a balanced plan to put every bit of that time – a total of three hundred minutes a week – to the best use possible.

Find at least one event per week. Chamber mixers are a good source, there are probably several in your city or very close by, especially if you count the ethnic chambers of commerce and other similar associations. Most of them last two hours. Weekly meetings such as Toastmasters and Rotary might take too much time without giving you exposure to enough different people and they usually take one to two hours.

Assuming that you are spending 90 to 120 of your three hundred minutes on attending formal planned events. You should be able to meet three or four new people and reinforce your connection with three or four people you do know. Each of the new people deserves a personal follow up, either a thank you note, email or phone call. It might take 10 minutes per person, for a total of forty minutes to make that follow up call or write the emails.

You want to spend the rest of your remaining 140 to 170 minutes for the week working on giving value to the people in your network. Giving value means finding referrals for them, filtering out the fire hose of information on the Internet to provide them with something useful, introducing them to someone they’d like to meet and otherwise looking for ways to do helpful, business-building things for them. This is a simple plan that covers all the vital ingredients for building a powerful network in a small investment of time, just one hour per day.…

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Other Strategy with Telemarketing Budget

Posted on by Bella E. Hussain

Telemarketing
Be it as a single process or a part of a much larger marketing strategy, the actual cost of telemarketing shouldn’t be treated the same way as other strategy. This is based on the simple reasoning that one type of marketing will cost differently from another. Insisting on otherwise would be like saying the cost of a desktop PC should be the same as the cost of, say, an electronic notebook. It doesn’t even matter how high or how low they are in comparison. Instead, the costs of telemarketing should be seen within the context of its own factors. These factors are more or less:

Results

Do you get what you pay for? Better yet, do you get more than that? You should but on the flip side, if your total marketing budget doesn’t lend itself much to your telemarketers or your outsourced provider, then you shouldn’t expect as much. Besides, you should be measuring the results of other methods in the same manner anyway.

Ratios

Taking the results in mind, how does their ratio of cost-versus-results compare to the ratio of the other methods. If you’re struggling financially and have to make cuts, this is the type of comparison you should make. You don’t just kill off the process that uses up the most money. You might just accidentally kill your golden goose!

Performance

Finally, their performance should culminate the previous two factors. They might be able to justify their costs with their number of software leads. Their ratio might be better compared to the others. However, if you know they can also do better, then you should also expect them to. You might not give them too nasty a cut at this point but you need to firmly insist that they do better.

Integration

This can be very complex and unique trait to measure. By integration, it means you have to see how your telemarketers are using other tools. Using other tools can actually call for an entire re-evaluation in terms of measuring the previous three factors. A few questions you could ask would be: Are they depending too much on one tool or are they using them both efficiently together? You may not be reducing costs directly on their part but cutting down the costs of tools they count on for support could also have negative consequences.

Another analogy you can compare this to is when cleaning out your hard drive or even just a flash disk or online storage. You clear out the stuff you don’t really need at the moment but retain what you’re either using most of the time or data you need in times of emergency. On the other hand, the consequences of accidentally removing something, purely on the grounds of saving more space, obviously means difficulty when the files you deleted were the ones you needed the most. In marketing, you can make a similar mistake with their budget. Here are two of the consequences of accidentally cutting your marketing budget the wrong way:

Fewer leads

Less money isn’t just about the risk of less motivation. You reduce their capacity for quality. Remember: You get what you pay for. Paying less for a good service can get you less (provided, of course, you can see how money in the process directly relates to performance).

Worse performance

They were actually doing well but because you tampered with, for example, the money that was spent on email marketing support, you tampered with their strategy of using emails to generate permission for their calls.…

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Use Hyperfocus to Set Your Business Up

Posted on by Bella E. Hussain

Hyperfocus
Most first-time entrepreneurs have a pretty good idea of the type of business they want to start. Perhaps they like what they do for a living, but know they could run a better company, or perhaps they are just tired of working so hard to line someone else’s pocket. Maybe they have a hobby they’ve been doing for years and believe they could make a go of sharing that passion with others. In either case, these would-be entrepreneurs generally have a good grasp of the basic operations of the business. Unfortunately, the operations are only half the battle.

Every business, no matter what type or industry, must rely on business fundamentals to stay afloat. Good marketing, solid financial management, strategic planning, and other business skills make the difference between the startups that fold up the tent and those that thrive. The difficulty for many entrepreneurs is figuring out how to master this broad range of skills before launching their own venture.

Of course, there are a number of options. You could go back to school – over 2000 colleges and universities in the US now offer entrepreneurship classes in one form or another. But school is expensive and time-consuming, and the jury is still out on how much formal education really teaches you about actually managing a real business. You could take the learn-as-you-go approach, one that is highly recommended by some startup experts. The problem with that method is that it can be very expensive to use the trial-and-error approach and take much longer for your business to hit its stride. A third possibility is to outsource every non-core task (everything but the operations), also a popular recommendation from some experts. But if you are going to turn over all control to outsiders, doesn’t that defeat the purpose of starting your own company?

A better option is to schedule time to really plan out your business idea, and hyperfocus your efforts on one area at a time. Thoroughly planning a startup covers hundreds of individual topics and steps. Most people have a passing familiarity with some or most of them, but an in-depth knowledge is necessary to really succeed in business. Even if you opt to outsource specific tasks after startup, you will at least know enough to know if you are getting the services you are paying for.

By taking a step-by-step approach to launching your business idea, you give yourself the opportunity to focus on each step as it comes. You can research and analyze the options for every aspect, becoming an expert in every department of your company (as a good owner should). By hyperfocusing, concentrating on only one area at a time, you can dig deeper into each subject and decide for yourself which aspects make sense for your business idea and which can be dismissed. You can identify opportunities for the future and keep them in your long-term plan. You can make informed, justifiable decisions all along the way, rather than blindly throwing money around hoping some will come back.

Starting a business is one of the most complicated, difficult, and rewarding experiences available, and worth every effort and cost when it succeeds. Unfortunately, too many entrepreneurs jump in without building a strong enough foundation to survive. Wherever you are in the startup process, consider stepping back and taking a step-by-step, hyperfocused approach to your work. The payoff of always knowing what you are doing is worth every extra day it takes to open the doors.…

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Chasing Internet Business Dreams

Posted on by Bella E. Hussain

Internet Business Dreams
According to Bill Gates the automobile opened up the suburbs and that the whole idea of suburbs came from the freedom that the car provided. In the same manner, the personal computer and the Internet connection has made distance immaterial and made work and social interaction possible for people living in the farthest corners of the world. The idea of having access to goods and services anywhere in the Digital Universe boggles the imagination and the relentless flow of information has allowed both sectors of the economy to move to a truly global market.

Bill Gates and Andy Grove of Intel are considered to be responsible in leading the building of the worldwide personal computing business. The world has never been the same since and there is no turning back. This is the world where we have to fight our battles and survive; this is the world where we have to thrive and flourish.

With the info-glut on the Internet, it is very important to focus like a laser on what you hope to achieve as an entrepreneur in this dynamic and ever-changing environment. With everything from PCs to tablets to cellphones connected to the Internet, we have access to tools to help us wade through the mountains of information on the Web.
In spite of all the available technology at our fingertips, entrepreneurs will still go through the wringer on the way to success. Some people will meet great success while a great number will fall by the wayside. The wreckage of Internet business dreams lie strewn all over the forbidding wastes of Cyberspace.

Intensity, determination and a relentless focus on attaining one’s goals in spite of formidable odds are what have set apart the breed of entrepreneurs who have proven themselves tough enough to survive and prevail in this competitive and unforgiving environment.

A contemporary philosopher once said that “a great nation is not measured in terms of megatons but, above all, by will. Successful people, in any field or business, show indomitable will and are ready to take the leap from Here to There without any fear of making a landing. Successful people know how to take failure in stride and never quit.
They say that “the only real values are the eternal ones” and in this day and age of social networking, the idea of treating people from all walks of life with the same respect still rings true. The Golden Rule and all the wisdom coming down through the ages will never be irrelevant even in this time of Facebook and Twitter accounts.

The first message is do not ever give up on your dreams because no obstacle was ever formidable enough to stop a determined army. Life and business will always have its mountaintops of joy and success and deep valleys of failure and despair but never doubt that faith can move mountains. Secondly, becoming an Internet millionaire is an innocent enough dream, as dreams go, but it will be supremely rewarding if we have to fight with all our might to get it and doubly satisfying when success is attained while working and interacting with people in an atmosphere of mutual respect and cooperation.…

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