You know that somewhere someone sits in front of his computer, listens to music and earns bigger salary than you. And you might find that frustrating because each time you search for companies where you can do that you are faced with sea of adds and fake sites. It is hard, in this age, to find something like that, but I compiled a list of companies for which you can work out of your home, and I will share it with you.
About.com is a site for all kinds of writers. If you have knack for writing then you should head on their website and look around. Whether you are talented in writing columns, books or anything, elseabout.com has a genre of writing just for you. Create an account, send your resume, pick genres you love to write and start writing for money.
E-Poll is one of few sites where surveys bring you cash. They will send you mails in which you will find invitations in surveys for which you will be paid. Not a lot can be earned this way, then again you won’t lose a lot of time on those surveys.
Brainmass is a site where you can ask difficult questions for pocket change. In order to work on this site and answer those questions you will have to present your graduate degree to them. If you are smart you will get to answer a lot of questions, and earn a lot of money, if not then you should skip this site.
Writing things that are spoken is a good way to earn up to 15 dollars per hour. Speak write is the company that will give you that opportunity. Your vocabulary has to be vast, and you have to be good at memorizing speech in order to profit from this type of work.
If you have some talent in writing or rewriting program codes then search for binary option robot online, pick one of those robots, tweak it a bit and sell it to binary options broker for a cut of the profit.
Binary Options for Beginners
If you know your finances you can get some part time job as a personal finance expert. Head on to Wisebread where you can use your knowledge and write for them. You will have to provide few sample blogs before in order to prove your expertise.
Demand Studios is another site that is looking for writers. Depending on the topic and the length of your articles you will be able to cash in around 20 dollars per article.
Bachelor’s degree is all you need to start teaching students over Sylvan Learning. Of course you will need a patience every teacher needs, because not every student will have a capacity to learn in the normal pace you are accustomed to, but for money you will get paid, adapting to different paces of teaching is what is expected from you.
If you have knowledge in few areas and think about how to capitalize on that then you should think about giving advice for money. Clarity Consultants is the company you should be talking to, because their job is to connect consultants and people who need consulting.
When trading binary options, as much as it is important to make correct decisions based on right predictions, it is equally important to manage your assets, all in order to increase the earning as much as possible, and also reduce the losses. There are several money management strategies, but what they all have in common is that each includes two equally important components – discipline and risk taking.
When it comes to discipline, it is important that you take binary trading seriously if you are planning to earn money out of it. Do not observe it as gambling, but understand that it is trading like any other and that you are there to earn money. Also, predetermine your strategies and rules that you will follow, and stick to them. Of course, you should change and modify the tactics if it does not work well enough for you, but do not get greedy and irrational. Also, never trade with your emotions, but try remaining calm and sensible. The risk taking involves the amount of risk you are willing to take, in terms of the strength of a certain prediction, the amount of money you will invest in a particular trade, the number of trades executed daily etc.
One of the most frequent strategies is the one that counts number of wins and number of losses. You should predetermine the either the number of wins or the number of losses to reach per day, after which you will stop trading no matter what. For example, if you determine to win 5 trades a day, after winning them, you should not let yourself get carried away by enthusiasm, but respect your own rule and stop trading. Similarly, if you allow yourself to lose 5 times a day, stop trading after you reach that number, even if all the 5 trades ended up to be out of money. This way, you will prevent yourself from emotional involvement that may negatively affect your trading.
Winning ratio is what can also be predetermined. You should count the outcome of all of your trades and determine a percentage of winning trades under which you will not trade anymore. If the winning ratio falls under a predetermined percentage, you stop trading.
Another strategy involves the amount of wins and amount of losses, expressed in your trading currency. You should predetermine the maximum amount of win and/or the maximum amount you are willing to lose. For example, if you set a goal of earning $500 a day, after you do earn it, it is time to stop trading. Similar to this, if you determine that the maximum amount of money to lose per day is $100, once you lose them, it is again the time to stop.
What you can also predetermine is the number of trades you will allow yourself to execute on daily level. For example, set up a number of 30 trades per day, and once you execute 30 trades, you stop trading for that day, no matter the outcomes.
Risk level strategies are in relation to the techniques stated above. Depending on the number or amount of wins and losses, the number of trades and winning ratio, you can choose to implement low-risk, medium-risk or high-risk strategies.
In addition to strategies, make sure to choose a broker with high payout rates and favorable trading conditions, for example tropicaltrade, 24Option etc. Read the comments of other traders and every review you can find, to make sure that you made the right choice.
Trading binary options, as simple as it may be, still requires the traders to get educated at least about the basic concept of trade. It is impossible to just sign up with the broker and start trading, since there will at first be too much of the unclear and ufamiliar terms and concepts. If you are interested in trading binary options, it can become a profitable actiity if you get prepared and educated well enough. For the begnning, it is important to learn and understand some basic terms that you may encounter.
Asset – the underlying instrument of the trade. They are usually stocks, currency pairs, commodities or indices.
Binary Option – the assets on the trading platform. The trader is supposed to predict their price’s outcome on the market.
Broker – a provider of the online trading platform where the trades are executed. Some of the well-known brokers are 24Option, CTOption, Stockpair etc.
Call Option – an alternative which the trader will choose if he predicts that the asset’s price will increase in a specified period of time.
Commodities – one of the groups of assets available for trading. These include gold, silver, oil etc.
Current Price – the price of the asset in real-time, without delay.
Digital Option – another expression for Binary Option.
Expiry Level/Price – the value of the traded asset at the moment of the option’s expiration.
Expiry Time – the period which the trader sets, and upon its expiration the trade is finished and it cannot be traded further.
In the Money – when the price of the traded asset reaches the level which brings profit to the trader.
Investment Amount – the amount of money which the trader pays to trade a certain asset. This amount of money is also called The Stake.
Market Price – the current market value of the traded asset.
No Touch – when an asset does not reach the stated value during the specified period of time.
Out of the Money – when the price of a certain asset does not reach a determined level or the trader makes the wrong prediction and the trade brings loss.
Payout – The amount of money which is earned by the trader when the trade is finished “in the money”. It is usually expressed in percents (usually 65 – 91% of the invested amount).
Put Option – basically, the opposite of the Call option. If the trader expects the price of an asset to decrease in a specified period of time, he decides to “put” the option.
Return – the amount of money returned to a trader when the trade ends up being “out of money”.
Strike Price – the price at which the asset is sold, which also determines whether the trade has been profitable.
Target Price – the value that the asset that is traded must reach in order to be profitable).
Technical Analysis – the analysis of the history of assets in order to predict the future outcomes
Time of Expiration -the same as Expiry Time.
Touch – a trade that achieves or exceeds the target value specified in the binary contract.
Binary options have existed for over 30 years, and yet, they have begun rising in popularity only in the last 7 years, since they were officially recognized as a trading method by US Security and Exchange Commission. A vast number of binary options brokers has appeared on the market, some more, some less successful. In addition, there is also binary option robot, which perform the automatized trading instead of the trader executing the trade manually.
Considering the dual nature of binary options, where everything comes down to choosing between two alternatives (hence the “binary” in the name), it is necessary to understand the trends in the market, which can also be expressed in certain duality.
The market can roughly be divided into “Bull” and “Bear” market. The terms were first used for forex trading, but they can also be applied to trading binary options, as well as to any other type of trading. Traders, binary signals and some of the top binary options robots – they all follow the trends on the market which can fall within one of these two categories.
The terms to name these markets were created based on the ways in which bulls and bears attack their opponents. The bull will thrust its horns upwards, and the bear will swipe its paw downwards. Therefore, it is not difficult to conclude that Bull market refers to rising, and Bear market to falling.
Bull markets – in the Bull market, the financial environment is such that a large number of assets keep increasing in price, or they are expected to keep increasing over a certain period of time. When the term was used in forex trading, it referred to stock market, but with binary options trading, it can refer to any group of assets that are available for trading. The indication of a Bull market is shown in rising price of commodities, better performance of major stock indices and the changes in value of the main (national) currency. When Bull market is in place, the traders will choose to CALL an option, since they can presume that the price of the asset they trade will rise over a period of time.
Bear markets – it is essentially the opposite from Bull market. This happens when most of the assets decrease in value and it is expected that their value will decrease further. When Bear market is in place, the traders will choose to PUT an option, because the presumption is that the price of the asset they trade will fall over a period of time.
It is important to understand the momentum of the markets, that is to be able to see the “big picture” when observing the trends occurring on the market at the given period. It is advisable to observe the overall state of the market in combination with analyzing particular assets, in order to be able to better foresee the possible outcomes and be sure to make a right decision.
Many aspect of life have moved online, especially since the Internet became easily available for common people. There is a whole range of services, products and even trading platforms offered online, and many people have turned to working from home and finding ways to earn money by using the Internet. Ina addition to that, receiving and sending money has never been easier, since it can now be transferred through many online services, quickly and reliably, without having to go to a bank and with no long waiting before the money is placed on the account.
The methods of earning money online are numerous, and they can be more or less successful, risk-free or with high risk involved, and they can bring you either some pocket-money or serious earnings. Here are 4 suggestions how start earning online:
Sell products – with the websites such as eBay, it has never been easier to buy and sell all sorts of products. You can sell pretty much anything, and if you own anything valuable, such as rare collectables, pieces of art etc, you can earn a lot of money by selling those on eBay. Even better way of making money by sale is if you make your own products, such as jewelry, clothes, electronic equipment, cosmetics – you name it. This way you can have a constant flow of money, and you can create your own virtual shop on websites such as, for example, Etsy.
Teach – not only that buying, selling and earning online has become available and easier than ever, but so is the communication. With services such as Skype, online teaching has become a common method of exchanging knowledge for money. There are whole companies offering Skype lessons in various areas, and people from all over the world work as teachers for these companies. If you have a skill or a degree which gives you a sufficient knowledge of language, IT, science or any other area, you could cash your knowledge by teaching others from the comfort of your home.
Sell services – this is another good way of earning money for your skills. For example, if you are a photographer, you can create your website and accounts on a few social networks, which you will use to advertise yourself, display your work and offer photo sessions or other photography related services.
Join websites for freelancers – nowadays there are many websites like this, Freelancer, Upwork, Fiverr, Elance to name a few. Whatever the skills you may have, you will be able to find many jobs that require them to be done. These websites are huge databases of all sorts of jobs, and you are most likely to find something that is ideal for you. Also, if the employer is verified on a freelance website, the experience of working will be safe and enjoyable.
No matter the skills you are competent in, you are most likely to find a job for you on the Internet. Keep in mind that all of these suggestions are something that can bring you profit based on your knowledge and effort. Try avoiding the areas you are not familiar with and which might be risky, such as gambling or binary trading. Even with the best binary option strategies, and even if you are very familiar with all the concepts of trading and market analysis, there are still risks of losing money rather than earning it. Rely on your knowledge and skills, be persistent, and the success is certain to come.