Tuesday, February 17, 2009

INSURANCE

INSURANCE --- A WAY TO KEEP SAFE.
The term "title insurance" is a combination of two words: title and insurance. To understand it better, first we understand what is meant by "title". The term "title" is used to refer for a person who has got a legal right to use, own or sell a property. The title contains all the brass tacks related to previous ownerships, transfers, mortgages, easements, etc.

Why it is important?
A problem in the title could result in a fail transaction - your ownership could be questioned. A problem in the title can arise due to various reasons, such as, lien, unpaid taxes, earlier forged transactions, etc.
It is vital to have the insurance policy so that the owner would remain safe from any kind of the title related problems. Thus, every mortgage lender requires a title insurance policy to avoid any future disputes on the title of a property.

How it works?
It provides a protection against financial losses in the title of a property. It will fight for the insurance holder in case of any lawsuit, and would reimburse him/her in case of financial losses.
Before issuing the insurance policy, every company does in-depth research to detect, prevent and eliminate any sort of a problem in the title of a property.

Insurance Premiums.
It is important to understand that title insurance for a lender is different from the insurance of a buyer. Generally, the buyer is responsible for the one-time premiums of both the policies, but in some states, the seller is responsible for the one-time premiums of both the policies. It is suggested that buyers must discuss this issue with their real estate agents.
Further, it requires only one-time premium and covers the tile as long as the policy holder owns the property.
How it is Different from Other Types of Insurances?
Title insurance is different from other general forms of insurances as it covers the losses that arises due to the events occurred prior (indefinite period) to the date of the issuance of the policy. On the contrary, in a life insurance or property insurance, the upcoming losses from the date of the issuance of the policy are covered for a definite period.
Title insurance is mandatory for every lending organization. It is a highly recommended insurance for every buyer. Although, it looks as an upfront expense, but in case of any dispute in the title of a property, it works as a savior.

General insurance refers to other forms of coverage other than life insurance. Examples include insurance of property against fire, burglary etc, personal insurance such as Accident and Health Insurance, and liability insurance which covers legal liabilities. It also includes professional indemnity insurance for professionals. By paying the premium under this policy, the insured can get reimbursement for any loss that may occur.
Not all general insurance is necessary under law. The following are the common types:
1. Home Insurance coverage provides protection to home and property from loss caused by theft, fire, earthquake, flood, or other disaster.
2. Renters Insurance coverage provides protection to tenants for loss caused to property owned by tenants and stored in rented property.
3. Medical Insurance is, basically, a promise by an insurance company to provide or pay for medical expenses in exchange for payment of premiums.
4. Auto Insurance provides protection against claim for bodily injury or damage caused by the operation of a vehicle. Operating a vehicle without auto insurance is a violation of the law.
5. Travel Insurance is insurance against contingencies during travel.
6. Professional indemnity insurance provides protection to professionals from claims of professional negligence. Some states require professional indemnity insurance for certain professions.
Most general insurance policies offer standard coverage. Customized coverage may also be available with an insurance company. Some form of coverage is necessary for every family. It is a must for all in today's world.
And, for these policy types, you'd save a bundle if you do thorough comparison shopping. Get and compare quotes from a wide range of insurance companies. This simple and free exercise will save you hundreds, if not thousands, in premium dollars.

Payment Insurance Explained
What will it do?
Redundancy or incapacity that prevents us from working can strike any one of us at any time. And one of your first worries will be - how will I pay my bills? Payment insurance - or payment protection insurance to give it its full title - can be the solution to nip any worries in the bud before it happens.
It will provide you with a replacement income with which to pay the household bills, or specific cover for particular commitments like mortgage repayments or other borrowing, in the event of your being unable to work because of an accident, sickness or due to involuntary redundancy.
These will be in the form of monthly tax free payments.

So, I need to have a mortgage, a loan or credit card to qualify for payment insurance?
Not necessarily. Provided you have an income from regular employment, payment insurance can provide a replacement income in the event that you fall ill and are unable to work for a significant period of time - no mortgage or other borrowing commitment is required.

How long would I need to be off sick or unemployed?
Different insurers have different qualifying periods before entertaining claims under such policies. Probably the most typical period is 30 days - once your incapacity to work or unemployment has lasted longer than this period, the insured benefits become payable - although some policies can stipulate a qualifying period of up to 90 days.
A further difference between policies is that some treat this qualifying period as a form of policy excess in so far as any loss of earnings during that time have to be borne by the policy holder, while others will backdate the benefits payments to the first day of incapacity once the qualifying period has been exceeded.

What if I succumb to a long-term illness?
Payment insurance policies are essentially designed to provide relatively short-term financial relief and support during a recoverable illness or period of unemployment likely to keep the policy holder off work for between one and twelve months. Therefore, the insured benefits are paid every month until the policy holder is well enough to resume work / find alternative employment or for up to a maximum period of 12 months. Although some policies will offer the option of extending this maximum period to up to 24 months, if the prospective policy holder's principal concern is to buy cover against the risk of a long-term, critical or serious injury, then he or she is probably better advised to seek specialist advice regarding critical illness or permanent health insurance.

What level of protection insurance should I buy?
This is, of course, largely a matter of personal choice, taken in the light of the monthly premiums that can be afforded. If the primary concern is to ensure the continued repayment of a mortgage or other borrowing during times of incapacity for working, then the decision is relatively straight forward and determined by the level of monthly repayments that need to be made.
If a general replacement income is required, however, then this will rest more on the policy holder's best estimate of the monthly income on which he or she can get by. Although the actual amounts will vary from insurer to insurer a typical maximum level of payment insurance cover will be 50% of normally earned income, or £1,500 a month, whichever is the lesser.

Finding Insurance Companies For Competitive Quotes.
Now you can go to insurance companies Northern Ireland for competitive quotes for all types of insurance products. Previously, finding cheap insurance products in Northern Ireland has always been a bit of a let down. Car insurance premiums for instance for those living in Northern Ireland have been anything but cheap due to the fact that cars were stolen and used as barricades. Other types of insurance also suffered and the premiums were anything but competitive.
You can now find insurance companies Northern Ireland online that offer competitive quotes which could help you to make savings on the cost of your insurance. However you can also do many things to help yourself keep down the cost of your insurance. These could of course differ depending on the type of insurance you are looking for. For instance if looking for car insurance you would be able to choose from the cheaper third party fire and theft to a fully comprehensive policy which would be the dearest option.
Insurance companies Northern Ireland will allow you to payout more in excess than what they ask and all will put a limit on the minimum amount of excess you can pay. By choosing to pay a higher amount you can save on the premiums for the insurance but you would have to weigh up the fact that you do have to find the excess as a lump sum out of your own pocket if you should need to make a claim. You could also lose out if you were to have to make more than one claim in any one year. Excess will usually be included in car and home insurance so you could make savings this way on either of these forms of insurance.
Whether you are looking for home or car insurance the more security precautions that are in place the cheaper the insurance premiums would be. If you want car insurance you could install security features such as a car alarm, an immobiliser or a tracking device. Any of these would help you to make savings on the premiums for the cover. If you want to make savings on home insurance you could install an alarm system, door and window locks and provide secure fencing around your home.
If looking to take out life insurance then you can tailor the insurance to suit your needs. Term insurance would allow you to insure your life for so much and for a certain length of time. Providing you pay the premiums for the insurance the policy would payout if you passed away during the term of the policy. However should you outlive the policy it would simply expire. However this is one of the cheapest ways to insure your life.


Saturday, February 14, 2009

TIPS ON DOMAIN NAMES

TIPS FOR SELECTING A KILLER DOMAIN NAME - A FAST SELLING DOMAIN NAME
Along with selecting your web host, the domain name can be one of the most important parts of building your website. For instance, a website like bobs-stuff.com won't work for a website selling water fountains.
If you have a company name, that should be your domain name, without a question. Register your company dot com name, and call it a day. It's also important to register the other TLDs, such as .net, .org, and .info. Simply point those to your .com website. If you don't, someone could register those and pose as your website, causing problems ranging from security issues to massive profit loss. It's just bad news.
If you're planning on making a web-only business (particularly a blog or a forum), it helps to make your domain name relevant to your content. If you have a discussion forum on wine, you could register wineforum.com, or something of the like.
You should also keep your domain name short. Short domain names are much easier to remember than longer ones.
Try to register a .com or a .net address. The other extensions smack of lower quality.
If the domain you've selected has already been chosen, you can either try to buy it from the current owner, or select a similar name. Try hyphenating the domain name (Changing bobsstuff.com to bobs-stuff.com), changing pluralization, or selecting keywords that are synonyms to what you're currently using.
When you select a service to register your domain name, it shouldn't be expensive. At the absolute most, you should pay $10 per year, but you can find them registered for a lot cheaper.
Selecting a domain name, just like any other kind of name, can be a bit stressful, but take your time and you'll find one that fits. A lot of my websites start out with a relatively generic name, but that name makes more and more sense as people start talking about it.

WAYS TO EARN MONEY PARKING YOUR DOMAIN
I was browsing through the internet and found a success story of a Filipino earning large amounts of money through domain parking. And I was intrigued enough to actually research a little bit of this "Domain Parking".
Well, most or some of you might ask what does domain parking mean?. Here is a description of domain parking by sedo.com:
Domain Parking is a simple way to earn money from your domains' natural traffic. If you have registered domain names, but they are not currently being used, then domain parking is a great way to put those domains to work, earning you revenue. You can make money without even lifting a finger! The idle domain is used to display relevant advertisements -every time a consumer clicks on one of the advertisements, you earn money.
So yeah. Parked domains are domains that are usually not being used for websites, blogs, forums, etc. Domains that are being parked are usually not being used by the owner. By parking your unused domains, you can actually gain some income through the advertisements found in it rather than leave that domain unused and useless. But, there those who actually are making the most of this domain parking.
Domain parking is like real estate, domain names are like land properties bought for investments and in time those domains through traffic will increase in value where you could sell it or just leave it parked and earn from the traffic it generates through advertisements. But like land properties, in which you would have to pick the best location in which you think the value would increase the most, you also have to pick the best available domain name to park. Good examples domains that might attract traffic are loans.com, or car.com. Just imagine how many people would search through Google looking for cars and loans. How many of these people would simply type the word "loan" or "car" in the search bar? For sure if you own the domains loans.com and car.com, your domains would be listed up high in Google's search results.
Through websites that offers domain parking and gives you commissions for every click or purchase a visitor of your domain might do, and you get commissions out of it. Yes it works similar to Google AdSense. If you have a good domain name, you might want to give this a try. Unlike running a website or a blog, you don't actually have to update anything. Just let the course of nature happen and you earn money out of it. The only thing you have to do is check your earnings every now and then. Now, isn't that great? Only having to check you earnings? 10 minutes a day would do! Unlike having a website in which you have to spend hours updating your site so it wont get out of date.

HOW TO MAKE $10,000 Weekly Buying and Selling Domain Names

HOW TO MAKE $10,000 OR MORE WEEKLY BUYING AND SELLING DOMAIN NAMES.
Enough people have to know that your domain is available and for sale. This business is based on effective research but also it is a numbers game. If you want to succed at flipping domains and increasing the chances of sales and offers for potential profit you have to reach targeted masses. Here are some tips and marketing strategies to increase sales:

• Put your name in your signature in emails and forums so that domain is available for sale.

• Post in the forums, help others and seek answers from experts. This will build your reputation and exposure to your targeted prospective buyers.

• Most message boards have for sale sections on their boards where you are allowed to post your domain names for free. Make sure there are active posts.

• Submit your domains to search engines. This is generally free and if you can learn to promote for free then every penny you earn in advertising revenue is pure profit. If you learn how to promote for free and make small amounts of profits on each domain you are in business. All you need to do now is duplicate the theory making small profits here and there possibly using 100+ domains.

• submit your list of domains in website directories. There are many directories that accept domains. Make sure to list every day and have more exposure to your domain.

• Use the domain name as your username in the forum and other websites. When other people notice the name of the site there is often a tendency to visit the site.

• Invest in your domain by creating a page, blog or create a message board forum.

When a buyer makes an offer, consider carefully. You can not be offended if the offer is very low. As the offer is a positive sign of interest in your domain. Start with making a counter offer by the buyer and current alternative payment options, so, after having justified the price or return on investment.

To assess the buyer of the budget

If the buyer says that all that they can pay is $ 100 and you are asking $ 2000 you may propose what funding options are available, as in domaincapital.com and similar sites.

Knowing the market for selling domain

How to judge a bid may also depend on the markets conditions.

Dominates the market does not fluctuate, when the sales market is slow, so it may be worth considering counter offers more often. In a hot market that offers many opportunities to establish their own terms, when the fight against the bid. The sense of how you want your security deposit, when you want to pay, how long will it take to transfer the name etc.

Rarely is a buyer of the first offer the absolute highest price you are willing to pay. Negotiation is the process of selling the domain.

Make yourself easy to find on WWW to potential buyers.

• Many potential domain buyers look at whois information to contact the domain owners. If your information is private then you reduce the chances of receiving more bids or offers. Keep your contact information public to allow an open door for potential buyers.
If you donot want to disclose your information, use alternate email addresses, which you would check frequently.

Have you bought or grabbed a great domain name and want to sell for good price? If so then you need to contact the big companies, individuals and companies who are in similar businesses.

• Make a list of potential buyers, which may be the companies that are in similar business or domain, as trades (greatdomains. buydomains). If your domain name is generic and can be used for most companies, you should spend more time on this step to get an exhaustive list.

• Keep away from the names or brand names that have elements of TM. You could be forced to let go of the name. This depends on several factors.

• Make a point of highlighting the benefits of your domain name, traffic data, as will benefit the buyer or provide the ROI. There are sample letters that can be found on NamePros.com.

• Send email with the subject appropriate to capture the attention. It 'always good to do a follow-up phone call if you can get someone in the organization.

• After obtaining offers, sincerely respond to each. If the offer is low, you must not be offend. It is normal for buyers to mention a low price. It 'a positive sign, since the buyer cares enough to make an offer and it shows that he is interested. You should take this forward and work with him to get an agreement on price.

• If the operation is aimed to make sure to use an escrow for the transfer of ownership of the domain and to obtain payment. This requires patience, hard work, intelligent sales strategies, ability to negotiate. Persistence will get you there.

DOMAIN NAMES (BUYING AND SELLING)

This aspects of my blog deals with Domain Name Buying and Selling. Here, you will learn how to get yourself rich selling and buying domain names.
Enjoy!

DOMAIN NAMES
When you have decided to start your online business the first thing you will need to do is choose a domain name. This is the name that your website will be called, and will be the most important part of your URL link. A lot of people enjoy the process of choosing a domain name, whilst others may feel a bit overwhelmed. This is understandable because your domain name is so important, and not something you can easily change if you do not like it anymore.
As I mentioned before, choosing a domain name can be a bit overwhelming. Luckily there are some basic guidelines that will help you make your decision. Firstly, remember that shorter domain names always work better. A shorter name will be more memorable, and if your domain name is too long the people may tend to forget a part of it. If they are really seeking your website, they may type the part of your domain name that they do remember into a search engine, but the results brought up may not point to your site! A short, simple domain name will be more effective with regards to your marketing, both on and offline.
Naturally, it's a good idea to use your business name as your domain name. If your business name is too long, shorten it appropriately. If your business name is not available perhaps you could work with a variation of it by putting a dash in between two parts of the word. Alternatively, you could choose a domain name that suits the niche market that you are trying to target. Get creative with the different variations you can use. Always remember to keep the name as short and simple as possible. Another good idea is to use a targeted keyword as your domain name. For example, if you are going to have a business that sells chocolates and confectionaries you could perhaps use a domain name called chocolategoods or the like.
Once you have decided on the actual name part, you are going to need to decide on which domain extension you are going to use. The most popularly used domain extension is .com if you are aiming to target an international audience. Oftentimes .biz will be used by companies, whilst .net is normally for networking sites and some hosting or software companies. It is recommended that you steer clear of the .info extension, as even though it is the cheapest domain extension to register, it is not taken very seriously in the online world. If you are going to primarily target your local audience it is best to use the extension of your country. When in doubt, simply use .com. With a .com you can never go wrong! If you have an organization or political party a .org site is always nice and suitable.
As you can see, it is not too difficult to choose a domain name. A lot of good registration sites will offer you variations of your requested domain name if the one you have chosen is taken.

How to Pick the Right Domain Name
So you have your business idea and now you want to put this idea into motion by setting up your own website as a way of selling products or services. Your next step however involves a lot more thought and effort than many people realise; I am of course talking about choosing your domain name.
If you were to ask any Internet marketer what their domain name means to them they will automatically and always tell you that it is their company's identity. It tells an Internet surfer everything that they need to know about your company; including who you are, what you do and what products or services you have to offer.
The choices that you make when it comes to your domain name can severely affect whether or not you are a success or a failure when it comes to your Internet business venture. It is a choice that you should do your research into and one that shouldn't be made lightly. The reason that I say this is down to the fact that all of the choices you make when it comes to it will affect your ranking within the search engines, your popularity and the amount of visitors that your website receives. Remember it is the first thing about your business that most people will see so it needs to make an impression if you want any hope of getting people to stay on your website.
There are certain things that you should keep in mind when you are choosing the name for your website such as the following:
Unique - make sure that it is unique; there's no point in having a name that is very similar to another one. This is why it is so important that you do your research so that you don't fall into this mistake.

Brand - it represents who you are to your entire market as well as demonstrating what you hope to achieve as a company, so you need to ensure that it reflects this.

Length - Both short and long have their benefits. The reason that I say this is due to the fact short names are easy to remember but a long name will enable you to incorporate SEO and explain your products/services in a better manner. The length of your domain name comes down to what your website is about and what products or services you are selling.
A lot of the branding for your business comes directly from your sites name and allows you to immediately build trust with your users. One of the most effective ways of doing this is by using your product/service or your companies name within your websites name. So if you sold, for example cars, you should try and include the word cars within your sites name as it will more likely be picked up by the search engines.
So when you are choosing the perfect domain name for your website make sure you keep the above points in mind in order to drive more traffic to your website and to help make your online venture a success.

How to Check Expired Domain names before buying
Many people are wary of purchasing a pre-owned vehicle for a common reason - the risk of inheriting the problems it has experienced in the past. The same goes for buying an expired domain name - you simply don't know whether it has a history of online success or failure. Some domain names expire simply because the owner forgets to renew them at the end of their registration term. Others get "dumped" because they can no longer succeed in the search engines. With such uncertainty, why not avoid expired domain names altogether?
Expired domain names can bring instant page rank and link popularity - two important SEO factors that can take a new Web site a considerable amount of time to achieve with a new domain name. By taking advantage of the previous owner's SEO efforts, you can jump to the top of search engine results pages simply by buying a domain name. However, much like with a pre-owned vehicle, there is always the possibility of getting a "lemon." If this happens to you, there could be serious consequences for your online business. If you're considering using expired domain names, there are a few key areas you should investigate before buying domains that have a history online:

What does Google® say about the domain name??
If you choose an expired domain name that was once associated with a serial spamming or reciprocal linking infraction, you'll be fighting an uphill battle to gain search engine ranking. Google, in particular, blocks domain names that break their stringent regulations. And once the Web site is blocked, you'll have to petition to have your new Web site indexed. This takes time and effort - which defeats the purpose of buying an expired domain name for immediate linking and ranking opportunities. Google's cache is a helpful online tool for public use. Type "cache:yourdomainname.com" and you'll get a glimpse of the version of the site that was used for indexing. If no cached version exists, it could very well indicate a problem.

Who is linking to the domain?
While using expired domain names can help bring you instant link popularity, remember that the quality of the links is more important than the quantity. Take a close look at the Web sites linking to your prospective domain name. Ask yourself: Is their content relevant to my Web site? What is their page rank? You can check a domain name's inbound links by typing "link:yourdomainname.com" into the Google search box.

When was the domain name created?
A search of the WHOIS database can tell you the date that the domain name was originally created and when it expired. Search engines view longer registration terms as a sign of stability and this can help your rankings. Also, if an expired domain name stood the test of time, it is a positive indicator of its legitimacy.
By taking steps to check expired domain names before registering, you can eliminate the possibility of getting stuck with a "lemon" that may sour your success.

Best Domain Registrars For 2009
1. They hold the master 'database' of domain names on the Internet.
2. They allow anyone to reserve a domain name.
3. The registration record holds the basic information about your website. (IP address, email server, etc..)
The biggest names in Registrars right now are:
* Godaddy.com
* Yahoo.com
* Register.com
* NetworkSolutions.com
We'll take a quick look at each service and compare the features.

Godaddy.com
They are the low-cost leader. For about $10/yr. you can reserve a single domain name. For a few dollars more, you can get private registration or additional domain uses (.info, .tv, .net, etc...). Navigating the site can be a bit challenging since it's very cluttered. However, they do provide the best value and features for domain management.

Yahoo.com
They have raised their prices over the past two years. 1 year domain registration is now $15/yr. (used to be $10). The user interface is fairly simple to navigate, but you need a Yahoo email to login to the domain manager.

Register.com
Not sure why they charge $34.99/yr. for domain reservations. However, they have a very clean user interface and all the same features as godaddy.

NetworkSolutions.com
They are the original Registrar. It all started with them. However, they have not innovated past their beginnings and must be feeling the pain. Their email servers have constant issues and they are difficult to deal with if you need to call them.
My recommendation for 2009 is godaddy.com.

Domain Name - 4 Important Tips to Remember When Choosing a Good Domain Name
If you are interested in having a growing website business, you will need to understand the importance of a good domain name. Your domain name is your website's address on the internet.
The extension to the domain name tells the visitors if you are a business, an organization, or a government agency. For example, ".com" indicates a commercial website, ".org" is used for an organization's website, ".gov" is used for a government agency, and ".edu" is used for an educational institution.
Shown below are 4 easy tips to help you in choosing the best domain name for your website:
1. Make your name explanatory - show your visitors the nature of your website. For example, if your site is about seashells, use a pertinent keyword in your domain name, such as "seashell," or "shells" to help identify the type of site you have.
2. Make your name easy to remember - Help you visitor to recall the name of your site. A name that is long or complicated makes it that much harder for visitors to remember and therefore they may not be able to return to your site. And don't forget -- every time someone visits your site, you have a potential sale!
3. Make your name shorter rather than longer - A short, descriptive name is easier to remember and easier for visitors to type in their web browser. Having a shorter name also makes it easier for telephone callers to hear and understand your name when you answer the phone. However, many of the shorter, catchy names have already been taken, so you may have to be creative!
4. Make your name easy to pronounce - The simpler your website name, the easier it will be for visitors to spell it. And don't forget - you'll be speaking your website name on the telephone, so you want your listener to be able to easily understand it.
Your Domain Name is a very important part of your website business. Make sure you make it easy for customers to remember for return visits.

The next i will be giving out is on How to Make 10,000 Dollars Weekly Buying and Selling Domain Names and other tricks too. Enjoy!!!

Friday, February 13, 2009

STRATEGIES FOR TRADING FOREX

STRATEGIES TO USE FOR A PROFITABLETRADE:
The First Strategy: SIDUS METHOD:
Follow the steps below:
- 1H Timeframe
- 18 EMA & 28 EMA (put them in red)
- 5 WMA (in blue) & 8 WMA (in yellow)
The 18 EMA & 28 EMA are two red lines who form a tunnel; these will help you to determine the start of a trend and the end of a trend.
The WMA & 8 WMA will show you when to enter a trend; they will also help you to see the strength ofthe trends.
Entry Signals:
You should only open a position, when the red tunnel is extremely narrow or crossed.
LONG: 5 WMA & 8 WMA cross the red tunnel upwards.
If the 5 WMA also crosses the 8 WMA upwards, then the signal is extra strong.
SHORT: 5 WMA & 8 WMA cross the red tunnel downwards.
If the 5 WMA also crosses the 8 WMA downwards, then the signal is extra strong.
Exit Signals:
Signals that show the end of the chosen trend:
- LONG: The price has reached a top and 5 WMA dives under 8 WMA , you close your opened position
- SHORT: The price has reached a bottom and 5 WMA jumps above 8 WMA, you close your position
Always close your position when boundary’s of the red tunnel cross each other or when they become so narrow that they are one. This is a clear sign of a trend reversal. After you see this, close your position and open a new position in the other way (If you were long, close, open a short position)
PAY ATTENTION!!!
When in a trade and the 5 WMA & 8 WMA cross the red tunnel, as long as the red tunnel boundary’s doesn’t cross each other there is no problem, but often this is a sign that they will!
!!! Always use a stoploss - I recommend a 10-15 pip stoploss !!!

2.

FOREX TRADING

FOREX TRADING:
The term “FOREX” stands for Foreign Exchange. FOREX (or FX as a short abbreviation) is a global currency exchange market where foreign currencies from all over the world are bought and sold for profit. FOREX is the largest and most liquid market in the world
Forex is the largest and most liquid market in the world where trillions of dollars exchanges take place every day. That’s an enormous money flow. No stock market exchange in the world come close to these numbers.
Currencies in the Forex market are traded 24 hours a day 7 days a week. Market literally follows the sun around the world. Trading moves from major banking centers of the United States to Australia and New Zealand, then to the Far East, gets to Europe and finally returns back to the States.
Trading on Foreign exchange market simply means buying of one currency and selling another at the same time. In other words, the currency of one country is exchanged for currency of another country at the current exchange rates.
Foreign currencies are always traded in pairs - EUR/USD, GBP/USD, EUR/JPY etc. Around 70% of all transactions made with major currencies like U.S. dollar, Australian Dollar, British Pound, Swiss Franc and Japanese Yen. Nowadays FOREX is available to small investors,
While in the past Forex market was not available to small investors (individuals) due to large minimum transaction sizes, today Forex brokers are able to break those large sizes into a smaller unit lots and thus offer small investors an opportunity to buy or sell currencies side by side with regular core Forex market investors such as large banks, central banks, multinational corporations, hedge funds and other financial institutions.
Forex market is huge and plunging into trading without knowing its rules, will be equal to swimming in the pool with ocean sharks. The dominant Forex players such as banks and hedge funds have a power to influence market moves and currencies exchange rates. For inexperienced traders investing own money in such game is as risky and uncertain as gambling. It could turn into a million fortune only in a couple of weeks or become a disaster for those who was ignorant in learning.
Forex brokers offer very big leverage to individual investors. A trader can trade at huge leverage as much as 300 to 1, meaning that for every dollar trader puts in for trading he can trade $300. For example, having an account equal to $1,000 trader can trade as much as $300,000.It is a huge opportunity, but it also is very dangerous. No experienced trader will ever trade with such big leverage unless he has a really strong argument for a particular trade, and even after that it is an enormous risk.
Is trading FOREX profitable?
Trading in the Forex market is profitable, but only for 5% out of all beginner traders who start trading Forex. New traders need to learn the basics of trading well, and practice a lot on demo accounts before going real.
Like in every business, when trading money in Forex, trader gets paid depending on his knowledge and trading experience.
INTRODUCTION:

You are welcomed to this lovely and aspiring blog (http://www.investment-arena.blogspot.com/). In this blog you have the full knowledge on how to invest online and make millions of dollars. There are some tricks/ skills/ strategies which i will be giving out here always to interested people who are willing to make it on via legal means.

The investments online we will be talking about are as follows:
  • Forex Trading which will includes strategies and indicators,
  • Domain Name Registration (Buying and Selling),
  • Online Affiliates programs,
  • How to create a Paypal Account and been verified here in Nigeria,
  • Free Antivirus and freebies at your finger tips

Have a great time reading and building a great career.