Online Trading Nightmare

Making money online can be a harrowing experience. Were you caught when the stock market plunged last week? Many people were wiped out. Actually, the warning signs were there for a long time. The stock market has been red-hot; even markets worldwide have been jumping. Asia has been sizzling. Think of the Shanghai bourse in China. Well, all that came to a screeching halt last week.

Red ink ran for days, and it's not quite over yet. One thing I've learned in years of tradng online, you need to know when to cut your losses. This requires discipline. If you don't have this, as well as spare cash, don't think of making money online this way. You'll get burned.

Online Trading

Trading Online

My husband enjoys options trading. which he does himself online. He trades the US market because it's the largest and most active stock market on earth. Does he make money online trading options? Yes. Does he lose money? Of course. This is part and parcel of any kind of trading. Even in business, there's a risk of losing money.

But Andrew loves options trading, because it doesn't require a lot of capital and it gives him freedom. He's not tied down to a job or work location. He can make money online anywhere that has an internet connection. Before he started trading options, he took a course with a trading guru to learn the fundamentals. He also acquired some software programs to help him identify suitable trades. He's constantly learning, and his trades have improved. Typically, he earns a few hundred to a thousand dollars each time. Not bad for a hobby which he thinks is a lot of fun.

Is options trading a good way to make money online? For some people, who are prepared to learn the ropes and keep learning, who are prepared to take some risks, and who have spare money to lose. You need to be diligent and disciplined. If you're considering making money online through options trading, learn as much as you can before you put your money down. I had a friend who lost $100,000 in a single trade because he was anxious to make money but not prepared to put in the learning time.

To succeed in anything, you need to acquire all the knowledge you can and practise, practise and practise. With options trading, you should start with paper trading first before you put down real money. It's a good way to make money online if you have the aptitude and resources for it.

Make Money Online Responsibly

People who make money, whether online or offline, irresponsibly really get my blood boiling. I had a shock today when I discovered that the real estate agent handling the sale of a residence which I purchased almost two momths ago did not submit the legal documents to the relevant authorities as he had claimed he did. When he did finally submit the option to purchase form it was at the eleventh hour, just hours before the option would have expired. This jerk has almost caused me to lose my new home. Because of him, I will now take ownership of the property two months late. I'm particularly mad at this agent because he's been lying to me all along, assuring me that everything was in order when it wasn't.

Don't you just hate irresponsible and dishonest vendors? I sure do. I break my back trying to serve my clients well, so I think that vendors who cheat and lie should be burnt at the stake. But have you noticed how many con-artists there are everywhere, many of them in internet marketing, trying to make money online? It makes me sick. For every professional internet marketer, there must be a thousand internet marketers who are unprofessional, and even dishonest. Let's not even start with the Nigerian scams. They're actually so bad, they're funny!

Build up a good reputation for having integrity and providing good service, and your business will grow. When you short-change your customers, you short-change yourself. It's much better to under-promise and over-deliver than to over-sell and under-deliver, or even not deliver at all. Think about this when you work on ways to make money online. Think about the long-term. Don't do to others what you don't want them to do to you.

Popular Ways To Make Money Online

Guide To Making Money Online

When I started exploring how to make money online, I surfed the internet daily to learn whatever I could on the subject. I bought books and courses, and I once even spent $20,000 on an all-in-one e-commerce package which came complete with websites, video tutorials and personal coaching.

On hindsight, I realize that high-pressure selling tactics convinced me to part with waayyy too much money in my quest to learn how to earn an income on the internet. Now I know that there are other good programmes available which provide useful tips to help you make money online - and just for the price of a simple dinner for two. If I knew then what I know today I could have saved a bundle of money.

Sadly, when I was starting out just a few years ago, there was nobody I could turn to for guidance. I didn't know anybody who had any experience with internet marketing or any form of making money online. Ironically, people now ask me for advice on how to make money online, such as by starting online businesses. I've spent a lot of time guiding wannabe internet entrepreneurs for free, and it's a real drain on my time and resources. Now, rather than re-inventing the wheel, I suggest that they pick up a couple of reasonably-priced e-books which will give them a good overall view of different ways to make money online, including practical advice on how to get started.

One program which I came across recently even packs in a free website. It advocates developing multiple streams of income, which is really good advice. Some examples are:
- Developing your own products (whether tangible or intangible)
- Marketing other people's products through affiliate marketing
- Participating for cash in surveys and various consumer activities (like shopping or dining)
- Earning from advertisements clicked on your website (and you don't even have to source those ads)

The program describes itself as a simple, turnkey marketing system which helps to create recurring income, and it is backed by 20 years of marketing strategies. It is packed with handy information and resources, such as where to find products for sale, without even having to carry inventory. To quote, "you never make, stock, ship, or handle anything. You don't need to buy anything, process any orders, or even deliver them." If this sounds impossible, it isn't. I have several online stores myself which I don't have to stock inventory for, and my margins are pretty good.

This multiple streams of income system gives you sufficient information to start making money online. It even teaches you how to promote your website and get traffic to your site for free. Is there a guide to ebay success as well? Of course. There's also information on where to find the right keywords for your internet marketing - absolutely essential if you want to make serious money on the internet.

Lots of useful tips and tricks are packed into this system which has apparently helped its purchasers to make money online immediately. One guy said that he earned $300 on his first day of putting the system into action. That's a great start.

Do these methods work? Speaking from my own online experience, yes they do. However, some methods work better than others and not all methods will suit everybody. You have to decide what's best for yourself. There are many, many ways to make money online and a system like this is useful for those looking for a crash course introduction. It will certainly provide you with enough information and tools (like the free website) to start making multiple streams of revenue on the internet. A good investment for the price of just a modest dinner for two, as it'll teach you how to afford many fancy dinners to come.

Check out this guide to making money online if you'd like something comprehensive and yet bite-sized.