Make Online Money By Forex Trading

Like any other market, for example: stock market where people trade shares that is buy and sell shares depending what they want. Similarly, people use to trade currencies pair in foreign exchange market and is known as Forex trading.

Yes, in Forex market never a single currency is traded. Always the trade happens in the form of currencies pair. Simultaneously, buying and selling is done of currencies. One is buying and the other is selling.

For example:- If we talk about EUR vs USD that is EUR/USD it means we are buying Euro and selling US Dollars.We have to pay the value of per Euro in US Dollars. Say, if 1 Euro equals to 1.23 dollars (1EUR=1.23USD) then, for 100Euros we have to pay 100*1.23 Dollars.

As when we talk about FX, we always refer some or the other currency pair. In each Currency pair one is the Base currency and the other is the Quote Currency. The currency that we are buying is termed as base currency and the currency that we are selling is termed as Quote currency. For Example: in above example EUR/USD EUR is the base currency and USD is the Quote Currency.

When buying, the exchange rate tells you how much you have to pay in units of the quote currency to buy one unit of the base currency. In the example above, you have to pay 1.23 U.S. dollars to buy 1 Euro.

When selling, the exchange rate tells you how many units of the quote currency you get for selling one unit of the base currency. In the example above, you will receive 1.23 US dollars when you sell 1 Euro.

Now, the question arises how you can do Forex Trading? Then, the answer to it is very simple. Like in stock market we have number of brokers and banks that helps to trade similarly in Forex market also we have Forex brokers and number of banks that helps to do forex trading.

There are different brokerage companies that enables you buying and selling of currencies through Internet or some simple software's. For every trade you have to pay a small commission to the brokerage company that you are trading with.

You need to sign up an account with your brokerage company and then fund your account. Now you can use this amount to trade in Forex market. Whatever you earn the profit is automatically transferred to your account. And if lose something then that is also debited from your account automatically.

Anytime you can withdraw your money that you have earned. If you have traded earlier in any market then, to make money becomes much easier for you in Forex market as you have an idea how the market works.

Play very safe in Forex market as you make money very easily in it, also you loose it very easily if you are new to it. High leverage margin makes it very risky though it helps the traders to trade large amount with respect to very less fund they have in their account. When you less fund and you trade more then in case you loose your money then it takes away everything from you.

You make money in Forex by buying low and selling high or selling high and buying low. This is the base of Forex. For example:- If you buy AUD against USD when each AUD is equal to $1.0204USD and then sell it when it is $1.5020USD, you have made a profit. You did buying at lower rate and sold it at higher rate and there is your profit margin.

Big Question when you trade in Forex is finding the best time for buying and selling the currencies. This is key to your money making, profit. This is the most important question to make you a successful trader.

There are two methods through which to some extent you can predict the optimum time to buy and sell in Forex. These are:

• Technical Analysis and
• Fundamental analysis.

Technical Analysis deals with reading and understanding the price charts and trends of previous years. There are number of charts to make analysis of previous years. All of them you can get easily online. But you can't make any assure output by analysis of these charts. Anything is not certain in Forex market.

Fundamental Analysis is basically for long term usage but good traders can predict the changes happening in the market after the release of some important news about political or economical condition of an important country. For example if the news says that economic condition of US has improved by 2% then this indicates that US Dollar will become stronger and traders start buying it.

So, the value of USD will go higher as the demand increases as more people will be interested in buying it. If you know the effect of particular news on the market then you can easily make money in this market.

Best thing about Forex is that it is an online home based business. In this you doesn't need any recruiting, referring or advertising. You directly work on Internet alone with no Boss. If learn it properly then, you can make a lot of money online through it easily just from home.

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What is Forex Tading

What is Forex Trading? What does Forex means? Forex means Foreign Exchange. Trading Currencies in foreign exchange market is known as Forex Trading. It is one of the most traded financial market in the  world. Most of us are familiar with Stock Market. What it is, what is BSE, NSE etc. etc. But very few of us know what forex trading is.

Like stock market deals with buying and selling of stocks, this forex market deals with buying and selling of currency pairs. By currency pair I, mean to say that you buy or sell or exchange some currency with respect to another. For example Euro versus Dollar and it is represented as EUR/USD. Like stock market is a very good place to invest your money similarly Forex Trading is. The best thing about this market is that it is true 24hour market. It opens on Sunday 10:00 GMT to Friday 10:00 PM GMT. It works for 24 hrs, 5days in a week.

Forex trading is not centralized on an exchange, as stock or future markets. It trades over the counter and is termed as Over The Counter (OTC). By over the counter, I mean to say that every trade either happens on a telephone or through internet. Means each trade happens through some or the other electronic network. In this type of market great risk is involved. There is no one who guarantees your money. But still it is the most traded financial market. Approximately 4trillion $ are daily traded in this market. Through this figure you can have an idea how big it is.

Foreign Exchange is the simultaneously buying of one currency and selling of another. The currencies are always on a floating exchange rate and are always traded in pair like Dollar/Yen, AUD/JPY, EUR/USD etc. Earlier Forex market was dominated by by banks, including central banks, commercial banks, and investment banks.

But as the time passed the percentage of other market participants increased and now it includes global money managers, registered dealers, large multinational corporations, international money brokers, futures and options traders, and individual investors.

Like in equity market the usual margin allowed is 50%, which means the investor has the double the buying power but in forex market the leverage ranges from 1% to 2%. It provides its investors high leverage value needed to trade actively.

This high leverage margin increases the risk associated with Forex trading. Leverage allows you to use OPM (Other Peoples Money) then a high leverage places you in a riskier position. Higher the leverage margin, higher the risk.

There is almost 15 main currencies in which forex trading is done. 10 most traded currencies are: US Dollar(USD) , Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Swiss Franc (CHF), Australian Dollar (AUD), Canadian Dollar (CAD), Swedish Krone (SEK), Hong Kong Dollar (HKD), New Zealand Dollar (NZD) Norwegian Krone (NOK). We all know very well till now that currencies are traded in pair. Most traded currencies pair include:- EUR/USD, USD/CAD, EUR/JPY, EUR/CHF, USD/CHF, EUR/GBP, GBP/USD, AUD/CAD, NZD/USD, GBP/CHF, AUD/USD, GBP/JPY, USD/JPY, CHF/JPY, EUR/CAD, AUD/JPY, EUR/AUD, AUD/NZD.

Anyone can do Forex trading easily through any Forex trading broker, through banks or directly through Internet. This has become one of the easiest way to earn online money but it does includes high risk due to high leverage value and OTC.

Like in stock market there comes number of news before hand only that can affect the market and according to it investors can invest there precious money in the stock market. But in FX market there is no such prior news. Sometimes there is global release of some news. Investors have to decide themselves what trade they want to do.

There are number of factors that affect FX rates. They could be marketplace psychology, economic conditions like Inflation levels and trends, Economic growth and health, Government budget deficits or surpluses or Internal, regional, and international political conditions.

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Make Money Through Facebook

Today everyone knows Facebook. Its no longer a new term that needs any introduction or description. Even child every knows what facebook is. Now the situation is that as soon as a person wakes up early in the morning he/she first of all he checks his facebook account. Its most happening social site in today's date known to everyone.

Everyone knows that it is best social networking site. But very few people know that it also provides some easy means to earn money online just from home. Yes, its true. Each facebook user can take advantage of the these opportunities. Some of them are listed below:-

Get part time job Through facebook 

Their are many companies that use facebook to post their contract based jobs on facebook developer forums. Now if you are looking for any part time job to earn money online directly from home then this is a very good option.

You can go through the list of jobs posted and if any of your interest then you can apply for it. You have to bid for the project and the payment will be made directly or through third party depending on personnel choice.

Create ad of your own product
If you have any product or service that you want to sell but you don't have your shop to sell it then facebook is the right place for this purpose. Like affiliate marketing you can even make your own products and sell it on facebook. 

You have to simply create your products ad in facebook and place it on your home page. Now share it with everyone in your circle. The larger your circle is the greater the opportunity is of good response. Again you don't need to go anywhere to create ad of your product. There is a link, on right side of the home page of creating you own ad and even uploading the products image. Now you can easily make, advertise and make money by selling your products without any shop easily through facebook.

Similarly, you can even sell your services. You can create ad of your service and place it on your home page. Share it with your friends and members of facebook. This is an easy way to reach  out to your clients. Big entrepreneurs are even using facebook to promote their products and services.

Free web hosting
Along with being a social networking site it also provides free web hosting. Many people develop their own site or blog but they have the problem of hosting them. So, now here you are. If you are a facebook user then you can easily apply for your web site hosting. And your problem gets solved.

Even if you are not a facebook user then you join it immediately and then you can do so. It is available to everyone. Now when your site get hosted you can earn money through number of ways like adsense, internet marketing or affiliate marketing, buying and selling through your site etc.

Increase Traffic to your site through Facebook
Key concept to earn money online from your site or blog is traffic. If one does have traffic automatically he will earn money from his site. So, making just a site is not enough. 

You should do something to divert traffic to your site. Again facebook comes into picture. You can add your blog or sites url in your every comment. Also you can share your site url with your friends on it. The more friends you have, the more number of people will get to know about your site hence more traffic. Facebook is a very good and easy way to get people know about your work.

You can even create your own page mentioning your site, its description and purpose and can further share it with every one on facebook. You can invite people to see your work. It makes your work much more easier to reach out people.

Affiliate Marketing
We all know what affiliate marketing is. (See Affiliate Marketing). Facebook also promotes this internet marketing technique. Sometimes you easily join some affiliate network and its program but you don't have the place to sell it such as any site or blog. 

Now need not to worry. Even if you don't have any site you can sell your selected products easily through facebook. Only thing required is that you should be a member of facebook. Once you are its member, you can easily create your own ads of the products you are promoting and place them on your home page. By doing this now everyone who so ever is in your circle will get to know about the product and if some one interested will buy it. Through this you will make your  money by having a share of profit.


Advertising Revenues
Advertising revenues is also good option to generate online money. Their are companies who pay people to make their product ads and promote them. You can find some for yourself and create their ads and promote them by placing ads on your home page. By doing so who so ever click those ads or buy that product the revenues generated in entire process you are paid a share of it. This is yet another easy way to earn money.

Get Investment

If you have some big idea of any business but due to the lack of money you are unable to achieve it then again facebook comes into picture. Their are some organizations like Bay Partners who had shown their interest in funding Facebook apps. You have to get in touch with those organization and present your ideas. If they like it they will fund your project.

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