Tuesday, February 26, 2013

5 Ways to Make Money Fast and Easy

This is where the rubber meets the road. Traction is something we all lack when we are doing research and ultimate field tests in the quest for our first million. More traction would be great, whatever step in the ladder you are at. So lets give you a little traction before you seize your jets. The following 5 strategies will give you the moves to take you to the first level. -A guy/gal with a proven idea that can be replicated - (An enviable position to be in)

1) Let's get this straight. Million dollar bank balances are numerical in nature. By that I mean a million bucks is not made up of 1 large million dollar bill. Its made up of exactly one million single's. Or to go to the lowest common denominator, its actually numerically made up of One thousand, million (or 1 billion) cents.

Make money fast and easy by thinking of money as numerical and therefore exponential. A dollar that you hold in your hand is the same as million dollars. No difference at all. Its a seed that grows into a tree, then that tree spurs more seeds. (I apologize for the metaphor, but how else can we put this so you understand the nature of the reality as it is)

5 Ways to Make Money Fast and Easy

2) When you approach your 1 million dollar goal, you are biting off much much more then you can chew thinking about that million.

To make money fast and easy always think small. Refine, refine, refine. Then duplicate, duplicate, duplicate. Are you with me? Is this making sense? Make a simple little mouse trap, then make lots of mouse traps exactly the same way.

3) Find demand and supply into that demand.

To make money fast and easy, even before you think about "what" you will do, you are going to research demand. You will become an expert at sniffing out needs. This skill is a millionaires bow and arrow. Let me tell you, most millionaires couldn't hit the side of a barn much less the bulls eye. But they DO know this. So their aim is not important. What is important is that the target is nice and gigantic. How can they miss?

Trust me, its what millionaires do, its how millionaires think. Always supply into Fat juicy demand where the picking is easy. Do you want medals of bravery or a million bucks asap?

4) Have a structure you never deviate from.

They always failed to plan when they planned to fail. Once your research is done never deviate from it. Give it a good run but if it doesn't work out for you then move on without shedding a single tear. Chance and "chaos theory" are fascinating things. Probability is what millionaires deal with. They never delude themselves into believing in absolutes.

To make money fast and easy, you will not work backwards or second guess yourself. Plant yourself firmly in the middle of the road on the high side and go forward. Don't make it up as you go. Stick to what your demand planning told you to do. Many give up after 1 failure, but probability is a funny thing. We think we can control it, but even when all your ducks are lined up in a row, it may not work. But give it a chance and let it prove itself and you may find over a number of attempts you will get the results you expected.

5) Diversify AND Go deep.

They call out diversify when it comes to investing. Fair enough. Things change and relying on just one source for your income stream is dangerous. And it is. But there are two sides to every coin.

The pareto principle states that reality and probability are stacked unevenly. We as rational human beings think of everything as equal and even. However scientific evidence and business experience tells a different story. The pareto principle is also known as the 80/20 rule. It states that 80% of your results comes from 20% of your activities. Is this significant if true? You bet. It means that of every effort you make, of all the many things you do to manufacture your results, only 20% actually is responsible for a large proportion (in fact 80%) of them.

So what does this mean in English? It means you can easily quadruple your results by finding out what that special 20% activity is and stop doing everything else. By focusing on just that 20% activity you will not only increase results, but you will create a new Pareto principle refined of the old one at a higher level. In this way you move forward and evolve your activities to higher and higher levels.

5 Ways to Make Money Fast and Easy
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Wednesday, February 20, 2013

Forex Trading Strategies - 3 Simple Ones That Work and Make Big Profits

Here we are going to look briefly at 3 forex trading strategies anyone can use quickly. There simple to understand easy to use have worked and will continue to work and that means big long term profits.

Let's look at these forex strategies and why they work...

Many traders make the mistake of thinking that the harder they work and the more complicated they make there trading strategy the more likely it is to work but there is no correlation between working hard and being complicated and forex trading success; you are simply judged on your market timing and the success of your trading signals.

Forex Trading Strategies - 3 Simple Ones That Work and Make Big Profits

A simple strategy will have fewer elements to break than a complicated one in the brutal world of forex trading and keeping it simple is always best.

Strategy 1 - Long Term Breakout Trading

FACT:

Most major trends start from new market highs or lows.

This is one of the simplest and most effective ways of trading, buying breakouts on the chart to new highs and selling new lows. Most traders cant do it, because they think they have missed a bit of the move and want to wait for the pullback but in strong moves, this never occurs and they are left watching the move pile up thousands of dollars and their not in.

If you focus on long term valid breakouts and time your entries with a couple of momentum indicators, you can make a lot of money. The key to this forex trading strategy is only to use levels that are considered important by the market.

They occur a few times a year per currency but lead to huge moves and huge profits.

Strategy 2 - The 4 Week Rule

This is one of the simplest most profitable, forex trading systems you will find and was devised by trading legend Richard Donchian. It will make sure you get in on EVERY major forex trend.

This system is totally mechanical (and based upon the breakout philosophy discussed above) and consists of just one rule:

Buy a new four week calendar high and sell a new 4 week calendar low and maintain a position in the market at all times.

That's it!

Simple? Yes, but it works - back test it and see.

You can also add filters to smooth the equity curve which are discussed in our other articles.

We have used this system as part of our forex trading strategy for over 20 years and many great traders have been fans, such as Richard Dennis so, if it's good enough for him, its good enough for you and me.

Strategy 3 - Trading Overbought Oversold

The two other strategies just discussed are long term now, we will look at a short term strategy for profit - forex swing trading.

Swing trading simply aims to take advantage of overbought oversold scenarios within the major trend and you can do this with simple trend lines. All prices get pushed to far up or down, due to greed and fear and you simply want to trade into these extended levels.

Once you have identified areas of support or resistance, check volatility with the Bollinger band and then use the ultimate timing tool - the stochastic to confirm the move.

You then should take your profit early and then look for the next one.

Swing trading is fun, requires very little discipline, as you don't have to hold moves for long and can be learned in a few days.

So there you have 3 simple forex trading strategies for profit which are simple but don't think they can't be profitable, they are and can lead you to long term currency trading success.

So make the above part of your essential forex education and get on the road to profits.

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Thursday, February 7, 2013

Interesting Facts About Lewis and Clark's Expedition

Lewis and Clark

Lewis's family had been neighbors and friends with Jefferson for a long time, and Lewis was Jefferson's personal aide. He had also studied navigation. He was 31.

Lewis brought along his Newfoundland dog, Seaman, but nobody is sure what happened to him.

Interesting Facts About Lewis and Clark's Expedition

Jefferson tried to send explorations 4 times before Lewis and Clark.

Sakakawea (other spelling) was kidnapped by another tribe of Indians when she was a young girl. She was then sold to a French-Canadian fur trader named Charbonneau. He married Sacajawea, and they had a son who was nicknamed Pomp. She was 16 and he was 3 months old.

The whole journey took 2 years 4 months and 10 days

It went for 8,000 miles.

The grizzly bear and the bighorn sheep were discovered on the mission. The grizzly bear made a really big impression on everyone on the exploration.

They sent a prairie dog back to Thomas Jefferson.

In total, they found 178 new plants and 122 new species of animals.

When they got back Clark was given the job of Indian agent for the west.

Lewis was made governor of the new Louisiana Territory, but he died soon after.

Clarks slave, York, went with them on the mission. York's father was a slave of Clark's father, so York was willed to Clark. He was the first black person the Indians had ever seen. York was married and wanted to live with his wife, but Clark would not let him. When they got back from the mission York was the only one not compensated for the journey.

The greatest distance traveled in one day was 50 miles when they were on a river going downstream.

The most popular trading items were colorful beads, but they also traded things like scissors, thimbles, and knives.

Frostbite was a common medical problem.

After the people on the expedition tried on the moccasins, they all began wearing them. Sometimes, they had to replace them every couple of days.

Interesting Facts About Lewis and Clark's Expedition
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Compiled by: Krista Delle Femine