Tuesday, November 27, 2012

The Not -so- Secret Bonus Conditions for Binary Options

What are the bonus terms for trading binary options?
How do they help me?


Common binary option bonus offer
One look at forums that discuss Binary Options, FOREX, or online Gambling and you notice they warn you all about one thing; BONUS.

But what is Bonus? What are they not telling you? Why should you or shouldn't you take one when you deposit in a trading account?

It is safe to say that nothing in life is really free and you should be skeptical about anyone offering you something for nothing, especially when its large sums of money. Often this is how bonus money is portrayed  Just by creating an account with a broker they will match you dollar for dollar what you put in. It doesn't matter if its $500 or $5000 they will match you 100%.
Binary option bonuses are not special.
You can get them whenever you want just ask

But just like anything else there are strings attached. With every dollar of "free money" you are given you are required reach a certain volume of trades.This is called the "Turnover" or "Playthrough"; This amount varies between companies, but you can expect to have a turnover rate anywhere from 20 to 40. 

To figure out your trading volume (i.e. turnover, playthrough) use the following equation 

(BONUS+DEPOSIT)x Turnover. 

Think back to high school algebra class when you said " I am never going to use this again". Well you were wrong. Remember you have to do the math inside the parenthesis first. So for example if you deposited $500 and got a %100 bonus ($500) and the turnover was 40x. It would look like this ($500+$500)40

Simplified $1000x40= $40,000

$40,000 is the amount trade volume you will need to reach before you can withdraw dollar one from you account. This means you need to execute a total number of trades equaling $40,000. For every trade you execute the turnover is reduced.

The less bonus you take the less your
Turnover will be.
For example a trader makes three trades at $100. Win or lose his turnover was reduced by $300. Now I am sure this seems very odd. How are you supposed to be able to trade 40x greater than the amount you started with? Well the answer to that is very simple and its also a great way to manage your money while trading.

If you make TWO trades a day at $100 and you win 7 out of 10 trades (70% win ratio) in 6.6 months you will have a withdraw able balance of $48,800.

As with any investment you need time for it to fully develop  Do not expect that if you have only $500 in you bank account to turn that into $50,000 tomorrow. But if you exercise patience and tactics, in just six months you can have serious returns very easily. Do not however, expect anybody to hand you $500 dollar and day one see 1000% profit day. That is never going to happen. Not from you mom, not from the bank, not even from King Obama.





Why is Binary Options Trading NOT Gambling?

Why is Binary Options Trading NOT Gambling?

On many occasions I have been asked " Isn't binary options Gambling?" And there is an easy answer No, it isn't. To the uninitiated and the uninformed, binary options is 100% a gamble. The traders is making the simple investment that an asset going up or down. Black or white. 50/50. But this is not the case. By applying even the slightest amount of knowledge on the markets to your Binary Option trade, you have stopped gambling and instead have made an educated decisions  Binary options trading can be treated like a gamble but that would only result in the loss of funds and unsuccessful trades.

Think about standing in front of the roulette table. Each number and color has a statistical probability. You have a for example, a 31.5% chance of landing on 1 to 12 or 47% chance of black or red. While the odds for successful investments with binary options seems this simple it is not.

Binary options trading is an investment based on skill. The skills of reading the market or the skills of judging how an asset will react to an high impact news event. There is not set of odds on whether or not you will 'win' your trade, there are many factors the will ultimately determine the success of you investments. Treating a binary options trade as a 50% chance is foolish and you find your account and your wallet empty before you know it.

Ask any professional trader and they will tell you they are looking for clear market indicators before opening any trade. Instead of leaving their trades to fate and making a guess they are making an educated decision about were the asset will move next. This is clearly the separation between gambling and binary options trading and also why games of skill such as poker or often legal where gambling has been outlawed.

For people of the Islamic faith who do not invest because of religious implication and its similarity to gambling there are simple steps that can be taken to avoid breaking the laws of god. So long as there are clear economic indicators such as large gains in an asset due to high impact events (NFP, Un-employment reports, ect.) and the trader chooses assets that are not banks,insurance companies, car companies (companies who income is made from interest), food providers (as most have some involvement with pork), or alcohol or tobacco producers than your trading is allowed.

Friday, November 16, 2012

Binary Options Broker Review: Banc de Binary

Binary Options Broker Review: Banc de Binary 

Binary options trading is an ever expanding and growing industry, and every industry needs its leaders. Banc de Binary sets its self apart from the competition by offering a premium service and options for its traders.

Established in 2009, Banc de Binary offers professional trading services provided by a team of experienced traders, investors, and financial analysts. These features however come at a cost as the minimum deposit with Banc de Binary is $500

Overview 

Based on SpotOption’s trading platform that that is known to be extremely user-friendly and accessible to both new and experienced traders alike.

Banc de Binary also offers a wide varitey of assets to trader.
Forex options, Stock options, Commodity options, and Index options are standard fair with binary options brokers but with Banc de Binary there is a wider selection of of assets available. Banc de Binary has a plethora of choices,and the assets they have available are more than your average binary option broker.

Creating an Account 

Creating an account is exceedingly simple. Your name, email address, and telephone number is all you need to get started. When creating your account you can choose between USD, EUR, and GBP for the currency you wish to trade with. Identification documents are not required to start trading but will be required to withdraw funds from your account.

Payouts and Commissions 

Like all SpotOption brand binary options brokers Banc de Binary does not charge commission or broker’s fees. The maximum payout is 88% for standard trades, and the refund for out-of-the-money trades is 15%, above average for the industry.

Platform 

Banc de Binary utilizes the renowned SpotOption platform. SpotOption offers simple to use web-based  trading system, this means no downloads necessary.


Conclusion 

All in all, Banc de Binary became popular because they have portrayed themselves as the premium financial service. From the moment you sign up it is clear that BBinary is an industry leader with a large client base. Offering one of the nicest looking website sites in the SpotOption family of binary option brokers. BBinary offers higher than average commission for bringing in new customers. However, overall Banc be Binary has one of the highest minimum deposits in the industry which can alienate beginning brokers and people not accoustomed to investing. People looking to make an easy buck online will need to look somewhere else.

Thursday, November 1, 2012

What is an Affiliate Network? How do they pay? Why should you use One?



What is an Affiliate Networks?
An affiliate network acts are intermediary between affiliates and merchant programs. An affiliate network allows its clients to easy manage and work with multiple networks. An affiliate working with multiple merchants is often at risk of having their sources of income disrupted. Every month you receiving different payments from different merchants and can not often trust that they will arrive on time. Working with an affiliate network allows you the affiliate to rest easy knowing that your income is coming from one secured source. If you do not get paid by the merchant neither does the affiliate network, meaning they have your (the affiliate) best interests in mind.

Most affiliates work with merchants that offer a some services that requires the customer to preform a monetary action, for each visitor directed to a merchant site that completes a specific action (depositing into their account in the case of Binary Options) the affiliate receives a commission.  This type of offer is referred to as CPA or Cost Per Action.
Affiliates are often able to join affiliate networks for free. VIP Affiliates is 100% free service.

About CPA, CPL, & Rev. Share
CPA is an acronym for Cost Per Action or Cost Per Acquisition. In the case of Binary Options, CPA refers to when a broker's client makes their initial deposit in their account. 

CPL or Cost Per Lead refers to a form submissions or customer signup.  Merchants pay will pay good money for  interested leads coming from targeted affiliates sites.  The idea is to find people interested in the merchants product. 

Rev. Share A.K.A Revenue Share is when the affiliate shares in the revenue of a merchants client. This can be very lucritive when you have very targeted traffic who will continue to utilize the merchants product. Rev. Share can also be be very risky because if the client is successful and withdraws their funds the affiliate is also responsible for the loss.

Why Should You Use an Affiliate Network?
There are several reasons why you should work with an affiliate network.
The first and most basic is you will be able to deal with multiple merchants through one source with zero hassle or risk.
The second is that affiliate networks have an invested interest in your success. If your website's traffic is not interested in the product or lacking in funds to spend, the clients will not convert and the affiliate network and you will not make any money. 
So it is in the affiliate network's best interest to provide you with tools and knowledge to make your website is effective and your traffics converts as easily as possible.

VIP Affiliates he built a solid reputation for aiding its affiliates in providing highly successful products and lucritive campaigns

How to Have a Successful Mass-Mailer Campaign


Having a successful mass mailer campaign is not as simple a task as it sounds. Somebody new to online marketing might think it is a simple as uploading email addresses into a database and clicking the send button, unfortunately it is not. Even for the most hardened marketer mass mailer campaigns can be worse than a root channel or a high colonic. Luckily we have compiled a list of great tips to keep mass-mailing as simple as a walk in the park

1 Be honest and direct about what your are doing or selling.
It doesn't matter if you are pushing over-seas medications, how to make money online, or Binary Options. If you are misleading or indirect about what you are selling your email campaign will always fall very far from successful.
If you are not clear about what your product is, how it works, or what you offer, the few people that open your email and sign up will not convert. Nothing is worse for a salesperson than to call a lead only to find that they have no idea what your talking about or what they signed up for. If you are interested in buying apples and somebody called you about lemons you would confused as well. And confused phone calls very rarely lead to deposits.
This does not mean you need to over load them with information in your email, the best emails are usually two sentences or paragraphs at most.

2.       Clean your contact list
A  email list that is cleaned and sorted is a powerful tool. It does not matter if your list was generated organically or pulled from some other source, sending mail to misspelled addresses, uninterested or actively antagonistic parties is likely to get you black-listed.
To solve this problem just do a Google search for "email validation service". This service can be relatively cheap, easy and is well worth the investment.

A great way to to keep your list clean is to offer people double opt-in (where the subscriber requests — then confirms the request — of your marketing message). This will significantly increase your response rates and help keep your mailer out of the dreaded spam folder.

3.     Triple check your message
For some people (myself included) spelling mistakes and typos are the bane of existence. Nobody cares when everything is written perfect, all the i’s dotted the t’s crossed, but when you make  a mistake everybody will think your are scam. It doesn’t matter if it is a big mistake or a little one, people will notice and they will be turned off from your product.
Luckily there is a simple solution for this, its called spell-check, and though it will not fix all your mistakes, it is a great start. The next thing you can do is read and re-read your email aloud. You will be amazing how much more effective this is than reading in your head.
Even better for five dollars you can hire somebody on Fiverr to proof and edit your work.

4.       Manage your failed emails and unsubscribed
If you do not remove the failed emails or people who have unsubscribe from your bulk-mailer, you will have an extreme negative effect on both your short term and long term open rates. Yahoo, Hotmail and Google regularly convert abandoned email accounts into spamtraps, which will in-turn automatically categorize your e-mails as unsolicited and spam.
Also be cautious about continuing to email people who do not want your spam. Irate individuals have been known to sue people for sending them unwanted emails, sometimes hitting companies for up to 2 million dollars. Not to mention trolls who will find any opportunity to complain about you, your, product, or your website. This could cost you significantly in the long run.

5.       Build trust with your subscribers
90% of a mass email marketing campaign’s success comes down to effectively establishing and maintaining your subscribers’ trust.
Don’t surprise your subscribers’ expectations with radically altered content, don’t wear out your welcome with a ton of low quality content, and most of all, and don’t mistreat your loyal supporters with dishonesty.
Provide quality and useful information and your readers will respond. Your clicks will be more frequent and your subscriber base will grow instead of shrink. This will greatly increase the value of your contact list and instead of finding that your emails end up in the spambox you will see that they are being opened, read and, recommended.

6. Watch you mailers metrics
If you are using a half-way decent mailer service such as GetResponse, you will have a plethora of ways to track your mailers and how well they do. You can see open rates, read through rates, clicks, unsubscribes, anything you can want.
Not to mention you can do split-tests, this gives you the ability to test the effectiveness of an email with a direct comparison to another email.

Often much of this data will be useless and unnecessary, but being able to directly see the success of what your sending is extremely useful.

And while we’re on the subject, make sure you’re checking your metrics after every send. Metrics are the lifeline that tells you whether your campaigns are working or not. Delivery rates, hard and soft bounces and unsubscribes will give you much needed insight into your campaign’s ROI. Failure to check them — and failure to act on the results — is the quickest way to rob your campaign of momentum.