Tag Archive | "online"

Online Legality

Online Legality

The Internet is the most important social and economic change since the development of currency and the organisation of civilisation as we know it, and it has certainly has a profound effect on our everyday lives. The Internet is the home of many of our businesses, a vital channel for communication with loved ones, and one of the most important knowledge resources the world has ever known. If you’re doing business online, just like the offline environment, it is imperative that you operate within and understand the law in your area. Not only does this avoid potential problems, but it also ensures the smooth running of business and trade. In this article we will look at certain fundamental issues when doing business online, and how they can be effective in determining how we run our online operations with a view to profit.

Online businesses almost always operate through websites of their own, which brings in a number of pertinent legal issues. Primarily, the consideration of what is allowed to be published should be forefront in the mind of the webmaster. As a general rule, only very ‘inappropriate’ material would be considered invalid online, such as certain categories of pornography and terrorist information. Of course, the Internet is heralded as the one true bastion of free speech, which is somewhat of an exaggeration. It is, however, important to remember that by and large the majority of content on the internet isn’t policed which is a good thing and a negative thing in equal measure. Secondly the issue of copyright will obviously play a big part. How can I protect my website from information theft? This is proving to be an extreme problem for the music industry, currently losing billions of dollars in lost sales through P2P file sharing programmes. At present there is very little that can be done at large to protect online content, other than pursuing a course of legal action against every violator. It is suggested that a move towards internet copyright policing would be very welcomed.

Next, there is the issue of online business, at the very heart of which is the issue of getting paid for the work you do. How can one ensure he will get paid for the goods, or indeed receive the goods he has paid for? Services like Escrow.com have proven to be very successful in helping this situation although there is no real measure in place to avoid scammers and rip-off merchants from plying their trade. As such, this has become a major plague on the internet, and has resulted in numerous small businesses going under and private individuals losing money. This is primarily as a consequence of unscrupulous traders, although there are also those plain fraudsters that simply pursue fraudulent activity. Unfortunately, at present, it can be very hard to distinguish between the two, which is frankly giving the Internet a bad name

Furthermore the issue of online litigation comes into play when issues of contract and copyright violation are raised. Unfortunately again there is seldom much that can be done cross border, which makes this type of transacting all the more risky. In spite of this, the Internet is still one of the most invaluable sources we have, and still an essential for modern business. Businesses that aren’t online simply fade away to competition that is more technology savvy, as customers become more and more virtual. Likewise, those that market online are seeing greater returns on advertising spend through targeted marketing, which is boosting business offline as well as on. The law of the internet is without a doubt one of the most important issues facing the net at this time, and one which looks set to dominate the agenda in the coming years. With the development of more comprehensive controls and regulations, the Internet looks set to only grow from strength to strength in the B2B and B2C markets.

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Tell Me About Offshore Stock Trading And Online Banking?

Tell Me About Offshore Stock Trading And Online Banking?

When you are thinking about offshore stock trading and online banking you might consider The Commonwealth of Dominica. Dominica offers one of the best tax havens, and offer offshore banking and asset protection in total secrecy. Dominica has some of the newest offshore legislation in the world and is more advanced than most other jurisdictions, technologically.

All offshore bank accounts will be opened in the name of your offshore company, with help from their law offices and Dominica’s new company formation process. Your International Business Company will be incorporated with the documents sent back to you by courier within a few days. You may have bearer shares with only one director of your company for incorporation.

You will also have your choice of offshore banks in 5 jurisdictions, including Dominica, for offshore stock trading and online banking. You will have internet access to your account from anywhere in the world. You will also receive free brokerage account documents as part of your account package.

Why should you choose an offshore stock trading, online banking, offshore company in Dominica? You will need only one director and one shareholder to get you registered as a company, director and shareholder can be the same person. A company secretary is not required by law. Bearer shares and non par value shares are allowed. There is no limitation to the value of Share Capitol and incorporation and annual fees are not dependant upon the Share Capital amount. The annual fee is due on the day the company was incorporated. Share capital can be in any currency, and the State guarantees tax exemption for a minimum of 20 years. Annual shareholder meetings can be held in any country in the world and there is no need to come to Dominica to incorporate your company or conduct business.

You should choose Offshore Company in Dominica because there are no taxation treaties with other countries so there is no need to exchange information with other tax authorities. You will be able to choose from a wide variety of names for your new company. Dominica offers the lowest prices on the market for IBC incorporations and offshore services. Significant discounts are available for clients who buy package services. You can incorporate online and pay online with Visa, Master Card, Discover or American Express; if you want to remain anonymous, you can pay by Western Union, Wire Transfer, or Money Gram. There is also an option to pay by wire transfer.

The process of incorporation with Dominica will not take more than 24 hours. Your company will be incorporated with the Government Agent with years of experience in offshore services. You will incorporate a company from the country of origin, there will be no middle man. This will save you money and make all of your business activities confidential. If you are serious about becoming incorporated in Dominica, you will be able to choose from many packages they offer for offshore stock trading and online banking.

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Save Online, Try The Online Savings Account

Save Online, Try The Online Savings Account

Savings account is account deposited that is only intended to stay in the bank for a relatively shorter time span. This account usually offers much lower interest rates than most bank accounts. But still, like many other accounts, it accumulates interests. The rate of which is largely dependent on the conditions provided by the bank.

Savings accounts are normally maintained by commercial banks, credit unions, loans and savings associations, and some mutual savings bank that are offering interests that can never be used as money. However, the account may be utilized by writing a check.

These accounts allow customers to use parts of their liquid assets, which may be used for any transactions. But before a savings account is used, the balances in the savings account must first be transferred to checkable deposits or transaction deposits or currency. But due to the simplicity of transferring the saving accounts, they are often termed as “money”.

Though the use of checks is often not allowed, withdrawals are still easier when done using the savings accounts. The Money Market Deposit Account or the MMDAs on the other hand may restrict you on a limited number of transference of accounts and withdrawals.

With the advent of the Internet comes the development of a new system of banking- the direct-to-consumer banking system. This particularly addresses online savings accounts. Direct-to-consumer system allows direct access to savings accounts from the traditional bank online where money naturally transfers by means of electronic bank transfer. There are two types of banking institutions that create and allow this form of transaction- online-only banks and the traditional banks.

Online-only banking is the answer of the entrepreneurs to the growing consensus of the general public of who usually make banking transactions through the internet. These banks tried to accomplish what real banks have done. They offered almost the same spectrum of products that traditional banks have but offered them on consumer-friendly deals- high interest rates and low fees.

Online savings accounts often offer significantly higher rates of interest as compared to the contemporary savings account. This deal may be attributed to the fact that lesser expenses during online processing and that online market is naturally rate-sensitive.

Sadly, the majority of the consumers are not yet prepared to this new treatment in banking. This in effect, brought down most of such banks.

But by the end of year 2000, ING launched an optimized form of online-only banking. This was rather successful and brought great increase in the online banking industry. They created a much simpler savings account transaction that pays higher rates than the traditional banking. But this does not permit the use of ATM cards, checks, and other services. It was only intended as an account for which your money may be safely guarded.

For almost three years, ING had no other rivals in this system of banking. But recently, many other banking institutions have followed suit. Some were the pioneers of the online-only banking who eventually died down during the course yet returned to beat the market share ING has. Some of these banks offer the same services with that of the ING programs. Most have the same principle of high interest rates and no unnecessary frills.

One notable new entrant is the VirtualBank. This targeted the high-end techy society yet they offer much lower rates as compared to the ING Bank. Thus they gained some consumers.

Eventually, the industry expanded sometime in 2003 until 2004. And by the year 2005, savings account virtually revolutionized banking by means of online-only banking.

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Some Of The Most Popular Ways To Make Money Online

Some Of The Most Popular Ways To Make Money Online

The internet was one considered nothing but a place to gather information. Today it has exploded into a place where thousands of people make money instead of working for someone else. You can read about stories online of how people went from having nothing but are now very rich. They didn’t even have their own computer so they went to a public place to use one until they could afford their own.

It is possible to make a good living working online, but you have to be willing to put in the effort. Don’t fall for those scams that tell you that without any investment or work you will be rolling in the cash. One of the most prosperous money making opportunities on the internet is to provide marketing services for other businesses. It will only take you a small investment to pay for your own marketing of your business in order to get people looking for your skills to notice what you have to offer.

You can also engage in some affiliate marketing to help your profits grow faster. It will take some time and a small investment to pay for the domain name, developing the website, and some advertising. That is all you have to do and then it can take care of itself while you continue to help others with their marketing. You can use your own affiliate program as an example to show potential customers what you can offer them.

Millions of dollars change hands every day in the world of online trading, and you may find you really enjoy this type of home business. FOREX operates 24/7 so you can always be a part of the trading any time of the day. If you have items that you no longer use you may want to sell them on the online auction sites. You can make a good business from buying goods on sale and then reselling them for a profit.

It is important to discover which type of online business is going to offer you the most benefit. You need to take a look at your strengths, what you enjoy doing, how much money you want to invest, and what chances you have of being able to offer something that consumers are looking for. Having your own online business takes commitment and a desire to succeed.

Everyone wants to have a job they love but most people don’t. Chances are you have knowledge of how to perform specific duties or valuable information you can share with other people. Turn this into a very profitable business. One of the hottest items on the internet right now is e-books with information consumers can instantly download.

While you want to enjoy what you are doing with your online business, it has to be profitable. There aren’t too many of us out there who can work and not make any money but still take care of our responsibilities. Try to have more than one resource for income coming your way. This way you can have income coming to you from different directions.

You want the sources of income to remain in place for a long time to come so think how you can continue to expand and grow your business. Avoid the type of online business that will become a passing trend.

Make sure you understand the basics of the type of business you plan to operate. Take advantage of the learning opportunities online as well as the various marketing tools that are offered. Paying attention to the different marketing strategies that are available will help you to have your best chances of a profitable business.

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Is Online Trading In Your Future?

Is Online Trading In Your Future?

So you’ve heard about the stock market right? How about the foreign exchange market or forex for short? What about day trading? Did you know that there are now very affordable ways to be your on broker by doing online trading? That’s ok not many people who don’t do this stuff every day know much about this otherwise excellent opportunity too make many investment dollars. So you are getting in at a good time before there is a glut of investors creating competition and parity and driving profit potential way down.

In the foreign exchange people exchange their money into different (foreign currencies) according to how they think the economy of that country compares with others and/or the public perception there of. Just like in the stock market if you buy low and sell high you make money. And the potential is there to make a lot of money in online trading depending on how knowledgeable you are about international economies and how current events affect people and their confidence or lack thereof in any given economy. People who know the systems whether it is the stock market or foreign exchange and are therefore willing to invest and assume that risk, will make money.

So how do you learn online trading? Well one way is to just strike out on your own and learn by making good and bad choices (hopefully more good than bad!) and weather those first few stormy years before they get good enough to be profitable. The other way (which I prefer) is to learn from those who have gone before and have made the mistakes learning valuable lessons. Basically if you can gain experience without the risks you can start out making a profit. Sounds great right? Sounds worth a small upfront and one-time cost to get this valuable knowledge?

Let me assure you that it definitely is, but you have to be careful. Just like in the rest of life you have to discern between good and bad advice. So look at the track records of the people offering online trading advice. How long have they been at the game? Are they well known in the industry? Are they upfront people, willing to talk with you about their product? When you find this “mentor” latch on to their system and learn it well. This really is your best chance to have good success without the pain of large financial loss from stupid mistakes.

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Fx Online Trading For Beginners

Fx Online Trading For Beginners

Many of us have experienced a lot of financial difficulties as a result of the current economic crisis that we are going through. Perhaps we had a considerable nest egg saved up and were building on it through trading on the stock market, only to see it disappear almost overnight. Although it is getting more and more difficult to make money on the stock market, that is not the case with every financial market that is in existence. As a matter of fact, many people are still experiencing great success with Fx Online Trading, and you can too.

The first thing that you are going to need to do whenever you get started with Fx Online Trading is to take in as much knowledge on the subject as you possibly can. Many people who first get started on Forex and up falling short of their financial goals or perhaps even never really get started at all because they are intimidated by the newness of the system. It does not need to be that way and as a matter of fact, most people are able to take just a few hours to learn the basics and then get started.

You are also going to need a way to trade on the Forex market, as it is impossible for any individual to trade directly. In order for you to do so, you are going to need a broker which will place all of the trades for you. You can either hire one directly and contact them whenever you are ready to place your trade or you can join an online platform, which will give you the opportunity to trade in real time over the Internet. This is, by far, one of the most important decisions that you’re going to need to make when you’re first starting out. Make sure that you review all of your options first, then pick one.

Although it is true that forex can be intimidating for beginners, it does not necessarily need to be a stumbling block that keeps you from making money on it altogether. Most of the Forex platforms have an excellent tutorial system which will take you by the hand and walk you through every step of the process. The most important step that you are going to take is that first step towards a larger world. In doing so, you’re giving yourself the opportunity to profit.

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New Forms of Income from the Internet: New Ways to Earn Money Online

New Forms of Income from the Internet: New Ways to Earn Money Online

Surely, anyone of you will want to earn some extra
cash. And, you will see that the internet will be able
to provide it for you. However, most of the online
businesses that we all know so well have made a lot of
people rich are now quite congested. A lot of people
are trying to do the same thing, and only few succeed
and a lot of them fail. The best way to make money
from the internet today is through new forms of income
generating businesses from the internet.

New online businesses are popping out everyday. All
you need to do is know how to spot them. So, here are
some of the new trends in the internet that is known
to let a lot of people earn money.

The first is by being an online stock or FOREX broker.
Nowadays, thanks to the internet, people are now able
to invest in the stock and FOREX market. They are now
able to trade right in the comforts of their own home.

If you do know something about trading in the stock
and FOREX market, then this online job or business may
be right for you. Not only that it has the potential
in making you a lot of money, but it also can provide
you with a way to earn some cash aside from your day
job.

The great thing about this online business is that you
don’t really need to have hundreds and thousands of
dollars in cash to invest. Even with just a hundred
dollars, you will be able to start trading stocks or
in the FOREX market.

To start, you have to have a computer or laptop with
an active broadband internet connection. Then, you
have to open an account and deposit a minimum amount
of money that will be used for trading. You will see
that there are quite a lot of online stock brokerage
websites that you can sign up with. Always go for the
stock brokerage company that has a good reputation and
is experienced with online stock or FOREX trading.

If you want to trade yourself, then practicing is the
key to earning more money. You have to remember that
stock and FOREX trading can get quite complicated.
This is why you may have to try and use some of the
stock and FOREX simulators that most online brokerage
firms offer.

Another online business that can guarantee letting you
earn some money is by being an outsourced call center
agent. The great thing about this is that not only
does it have a great potential in letting you earn a
lot of money, but it will also let you work right at
the comforts of your own home. You have to realize
that most companies are now outsourcing their help
desk or their customer support services to
individuals, such as yourself.

If you already have a computer that has high
performance as well as an active internet connection,
you will be provided with all the necessary software
to take calls from their clients.

These are two new forms of getting income from the
internet. With these two, you can be sure that you
will be able to earn some extra cash. In fact, if you
become good at it, you can even consider this as your
regular job.

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Online Forex Currency Trading – How To Boost Confidence And Discipline

Online Forex Currency Trading – How To Boost Confidence And Discipline

The Challenge

Consistently profitable online currency trading requires both confidence and discipline to first achieve and then maintain a reasonable level of success. For virtually all traders, these two aspects of trading are responsible for their success or lack of it: having confidence as a trader, plus the discipline to stick to their orrex currency trading system.

Most traders that struggle with their discipline do so for a very simple reason and this is something that can be very easily addressed and rather quickly.

Ask any frustrated or struggling trader what their biggest problem is and it will boil down to a lack of confidence and / or discipline in one form or another. Traders who have both are the ones the that are doing fine and enjoying their trading.

Even the veteran traders will tell you that the primary reason for any rough spells they have occasionally experienced were from when they had a lapse or breakdown in their confidence or their discipline, but once they got it back all was well.

So how do you go about building these two emotional pillars for successful currency online trading? Or regaining them if they’ve waned?

The 80/20 Solution

One of the fastest and most effective ways to give yourself that boost is to intentionally create a disruption in the UNsuccessful pattern that has been established. Now this applies whether you’ve known success and temporarily lost it or if you haven’t found it yet.

The most powerful way to disrupt the pattern is through stepping back and making an assessment of your current day online trading. Now, this doesn’t have to be a lengthy or monumental task. There are two parts to this process and it generally follows the 80/20 rule with which you’re already familiar.

Good news for you is that the first part is the 20% of your effort that will yield 80% of the results. Even better is the fact that you can do this within the next hour or two and see results that fast. Here’s what you do:

Step 1. Effort = 20%, Yield = 80%

Step 1, part 1 is to take your recent trading results and run your metrics on your current trading. So which metrics are going to give you confidence and discipline-building information?

• Your real winning percentage
• Your actual profit-to-loss ratio
• The true size of your average winner
• The true size of your average losing trades
• Your actual number of winning trades
• Your actual number of losing trades
• Your REAL ROI from your trading efforts in both time and $
• Your projected annual income from your trading – based on real numbers from your current trading

So how does this help with your confidence if the numbers don’t look so great? Especially if you haven’t yet experienced a level of success that you desire?

Well, very specifically these numbers give you a very clear reference point to work with regarding the factors in your trading that make the bottom line what it is. Rather than going on hope and wishful thinking, you now know the particular aspects of your trading on which to focus your efforts – a realize results. It brings a great deal of clarity to the exact direction for you to take.

Just this simple step alone with give you a substantial boost, and part 2 will really bring about a transformation.

Step 1 Part 2.

In this part, you simply backtest your system (whatever it is) very specifically according to the rules of the system using recent historical market data for the markets you trade.

You then run the metrics and compare the two. This information is incredibly powerful in two ways for building both your confidence and your discipline to stick with your system. Here’s how this works for you.

By backtesting your system with historical data, this can give you a very clear measure of what your forex currency trading system is capable of delivering for you. If your current trading is not delivering the profits that you want, you need to knowif the problem is with the system or if it in your execution of the system.

If your current trading results are comparable to the backtesting results, then you know immediately that you need to take a closer look at the system you’re using.

If your backtest results are good, but your current results with your system are not, then you know that you need to focus on your execution.

Most importantly, if your system doesn’t backtest well, then you know straightaway that you need to consider changes to the system you’re using, either a new system altogether or changes to the one you’ve got.

Directly for confidence and discipline, if your system tests well, then your confidence in it should go way up, along with your discipline to stick to it – because you are providing PROOF to yourself of its capabilities and limitations and with real numbers.

Plus you can see its limitations and more easily get through short losing streaks and drawdowns while maintaining confidence in your system, thus making the discipline part of sticking with it much easier.

Step 2. The More Intensive Process

If you have gone through the process in Step 1 and find that your system is good but your execution is where you need to focus and you need assistance working through other possible emotional management issues, then you need to seek out resources specifically for finding the core issues to address. Go to Inside Out Trading for resources specifically created to help you with these.

In conclusion, confidence comes from thorough understanding and successful experience. Once you have a system in which you can have confidence, then the discipline to stick to it gets much much easier.

Analyzing your current trading then backtesting your system can provide a great deal of confidence and thus make sticking to your system considerably easier by knowing the particulars of how it makes your bottom line what it is and what your system is capable of delivering.

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New Forms of Income from the Internet: How to Make Money Online

New Forms of Income from the Internet: How to Make Money Online

When the internet first started, there were a few
lucky people who were able to take its full potential
and made a lot of money out of it. These online
businessmen pioneers were there to see how powerful
the internet can be and took advantage of it right
away. Today however, you will see that almost every
type of online businesses is congested. There are
simply too much competition and you need to double
your efforts in order for your online business to
stand out from the rest. If you want to make money
online today, then you may want to try out new forms
of income making businesses from the internet.

So, just what are the new ways to make money online?

First of all, if you have a new kind of online
business that only few people know about, then you can
be sure that you will be able to take a big slice of
the big pie. In the internet, being the first is the
one who will always profit. You should be able to take
advantage of something that has potential early on in
order for you to avoid a lot of competition.

So, here are some of the new ways to make money
online.

The first is by becoming an online stock or FOREX
trader. Thanks to the power of the internet, the stock
market and the FOREX market have made available for
everyone to trade. Also, you don’t even need to have
hundreds of thousands of dollars in order for you to
start investing in the stock market or even in the
FOREX market. With a few hundred dollars, you can
start trading.

Today, you will see that there are quite a lot of
online stock and FOREX brokerage websites that offer
online stock or FOREX trading. What you need to do is
sign up with the website, open an account, invest a
minimum amount of money, and start trading.

All these things can happen right at the comforts of
your own home. As you can see, you don’t need to be on
the market floor to trade, and you don’t even have to
own a multinational company to do so. With a computer
with an active internet connection and some money to
invest, you will be able to start trading stocks or
currency.

Another new way to make money online is by becoming a
blogger. Many companies today are now trying to
outsource man power because it is a lot cheaper and
more efficient to do so. Besides, by outsourcing
things that are not really that vital for the company,
you will be able to free up more office space that can
be used for things that are vital for the survival of
the company, such as expanding the research and
development department.

Bloggers are one of the positions that companies today
outsource. Although it is not really an important part
of the company, you have to remember that many people
today are now visiting the World Wide Web. Even if a
company is already well known and has a steady flow of
consumers, you have to remember that they will do
whatever it takes in order to get more people to buy
from them. So, because people are constantly visiting
the internet today, companies will hire bloggers to
write about their products and posting it on various
websites that are owned by the company.

The great thing about being a blogger is that the pay
is actually quite good, and you will be able to work
right at the comforts of your own home.

As you can see, there are quite a lot of ways to earn
money online. These are just some of the new forms of
income generating jobs and businesses from the
internet that you can try.

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Online forex forums connect traders around the world

Online forex forums connect traders around the world

Most forex trading is done online, with investors looking at forex charts, considering trends, and making decisions. There’s very little interaction, even via the Internet, with other human beings. That’s one of the reasons that many traders also spend time in forex forums, chatting with other investors and sharing tips.

There are dozens of forex-related forums and message boards on the Internet. Some are tied to brokerage firms, while others are just freestanding forums on forex-related sites. Since the market is active 24 hours a day, you can usually count on the forums being busy at all hours too.

As mentioned, one of the reasons for visiting forex forums is simply psychological: Humans like to interact with other humans, especially when their day jobs require them to be alone with a computer for hours at a stretch.

Furthermore, there are a lot of emotions involved in trading. It’s real money, after all, and often large amounts of it. Online forums give traders a place to discuss the psychological effects of long-term trading, how it can become addictive and nerve-racking, and what impact it has on everyday life. You could think of message boards as being a sort of support group for traders, or the equivalent of the office water cooler.

Forex forums have more practical uses, too, of course. Traders find the tips and strategies offered by their fellow traders to be invaluable. Forums are often rife with people more seasoned and experienced than the average person, which benefits the newcomers. And many experienced traders enjoy visiting the forums because it gives them a chance to share their wisdom with others.

Forex forums are also useful for gauging the general mood of the marketplace. The charts and rates give you the cold, hard facts. But many times making a decision to buy or sell comes from the gut, based not just on the numbers but on how the market FEELS. The forums are a place to see what other traders are thinking right now. Do they feel optimistic? Pessimistic? Are things looking up? Are they discouraged? All of this information can be taken into account when considering a trade.

ForexFactory.com and ForexForum.net are two very popular, widely visited message boards. There are dozens of others out there, too. All forex forums give traders a chance to connect with their colleagues and to learn from one another.

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Forex Strategies

Trade:Forex, Oil and Gold

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