Forex V Futures – which is best?

Forex V Futures – which is best?

Reader ‘KN’ asks: “What’s the difference between trading ‘Forex’ and ‘Forex futures’ and when would you use one but not the other?” It’s a good question. What we’re looking at here is ‘Spot Forex’ traded via a spread betting company or a broker V’s the currency futures contracts (typically traded by professional traders on the Chicago […]

How you can cash in on the ‘showrooming’ effect!

How you can cash in on the ‘showrooming’ effect!

So, last week I suggested that as an online seller you should always consider that some products are better being sold on Amazon rather than eBay – from a profitability point of view. But now let me ask you to put your ‘buyer’ head on for a moment rather than your ‘seller’ head and consider […]

How to see the markets in ‘High Definition’

How to see the markets in ‘High Definition’

There’s no doubt about it, good trade management is a skill that can only develop through conscious practice. There’s no real short cut other than to expose yourself to the feelings and emotions you’ll go through as you put real money on the line. Unless you have psychopathic tendencies (the good kind!) of course, in […]

Do You Measure Up? Ignore the Hunches and Check Out These Metrics Instead

Do You Measure Up? Ignore the Hunches and Check Out These Metrics Instead

Sales are the ultimate benchmark, but they aren’t the only metric… There’s also traffic, exposure, leads, brand identity and so on. The truth is there’s no way you can ever really know how well your business is doing… unless you can find a way to measure the impact of your Social Media posts, website articles […]

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Don’t sell on eBay

Don’t sell on eBay

The simple piece of advice which should be considered every time you source a new product. Choose your sales platform carefully Price your products accordingly Make a huge difference to your profits! You’ll often hear me talking about selling on ‘multiple platforms’ and not to rely on just one sales venue. The reasons are plentiful, […]

Don’t sell on eBay

Don’t sell on eBay

The simple piece of advice which should be considered every time you source a new product. Choose your sales platform carefully Price your products accordingly Make a huge difference to your profits! You’ll often hear me talking about selling on ‘multiple platforms’ and not to rely on just one sales venue. The reasons are plentiful, […]

When should you pay for ‘performance enhancement?’

When should you pay for ‘performance enhancement?’

We’re pretty lucky as home-based traders. Almost all the tools we need are free. But, there are small investments you can make in certain ‘performance-enhancing tools’ that can really pay-off. The trick is to know where the point of diminishing returns lies before you decide to spend your money. That means asking yourself: – Am […]

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