Thursday 18 June 2015

Swagbucks - Making Surveys Fun

One of the most interesting survey companies on the 'net goes by the name of Swagbucks, and it boasts an ever-increasing fan base of a kind with which conventional providers cannot hope to compete.

The reason for this is that Swagbucks is in fact so much more than just a place to take surveys and earn money. It is indeed a veritable nerve centre of opportunity and activity, whether you want to earn money, spend money or just play a game on your PC.

As well as taking surveys one can earn simply by watching videos or playing certain games. And in addition once a set target has been reached a reward bonus is issued, boosting up your points (themselves known as Swag Bucks) which can later be converted into vouchers issued by such outlets as Amazon, TK Maxx, Starbucks, Zizzi or Pizza Express, or sent directly into your PayPal account.

There are opportunities to wager some of the Swag Bucks that you have earned in the hope of winning one of a host of quite generous prizes.

Whilst surveys can after a while become monotonous, some people spend hours at a time at Swagbucks without getting bored. It is so much more than an income source, and yet for those who like to earn from answering questions it does the job just like all the others.

Tuesday 2 June 2015

Can I Make Money Day Trading Part-Time?

For many people, the attraction of day trading is that traders can very much control their own hours. Many markets, like foreign exchange, trade around the clock. And with easy Internet access, day trading seems like a way to make money while the baby is napping, on your lunch hour, or working just a few mornings a week in between golf games and woodworking.

That myth of day trading as an easy activity that can be done on the side makes a lot of traders very rich, because they make money when traders who are not fully committed lose their money.

Day trading is a business, and the best traders approach it as such. They have business plans for what they will trade, how they will in invest in their business, and how they will protect their trading profits. If you catch a late-night infomercial about trading, the story will be about the ease and the excitement. But if you want that excitement to last, you have to make the commitment to doing trading as a business to which you dedicate your time and your energy.

LIMITS

Can you make money trading part-time? You can, and some people do. To do this, they approach trading as a part-time job, not as a little game to play when they have nothing else to going on. A part-time trader may commit to trading three days a week, or to closing out at noon instead of at the close of the market. A successful part-time trader still has a business plan, still sets limits, and still acts like any professional trader would, just for a smaller part of the day.

Part-time trading works best when the trader can set and maintain fixed business hours. Your brain knows when it needs to go to work and concentrate on the market, because the habit is ingrained.

If you want to be a part-time day trader, approach it the same way that a part-time doctor, part-time lawyer, or part-time accountant would approach work. Find hours that fit your schedule and commit to trading during them. Have a dedicated office space with high-speed Internet access and a computer that you use just for trading. If you have children at home, you may need to have child care during your trading hours. And if you have another job, set your trading hours away from your work time. Trading via cell phone during your morning commute is a really good way to lose a lot of money (not to mention your life if you try it while driving).

Reproduced with acknowledgements to For Dummies