Market Prediction – How to Predict Market Direction

There are various techniques used by traders and analysts to help with market prediction. Most traders will use one type of technical analysis, while others will combine different techniques when  trading on the stock market today. The kind of analysis used will depend on which school the analyst adheres to.  When a trader is stock picking, he will try to find out in which direction the stock picks are moving so that he can get in at the best time to maximize profits. One of the methods used in the stock market is technical analysis. This technique involves looking a historical data on a stock pick. Normally the volumes and price are the main focus, but other data is used as well.Stock charts will be used to look at historical data; this chart analysis will generally be viewed looking at candlestick patterns. The patterns that are formed by the candlestick charts will show where trend reversals may occur. Trend lines may also be used in conjunction with the candlestick patterns. There are many patterns that can form, and each pattern combined with other patterns will indicate a certain condition at a given time period. This information will help with market prediction, which in turn helps when trading stocks.Some candlestick patterns that signal changes are the “morning star”. This pattern follows a time where investors have been panicky and have been selling out of fear over a period of time. The morning star appears and is noted by three candles, with the first day’s candle being black and long, showing that there has been a strong down trend with the stock closing lower than it opened. The second day shows a white short-bodied candle signaling indecision, and shows that the trading range was low. The gap between the first day and second day further indicates that there is the probability that a reversal is occurring. The third day is a long white candle and this signals the bulls have taken control.This pattern is a good indication of a reversal and can be considered part of the market prediction. Traders will then give out advice and stock tips to investors so they they can buy in to the stock while it is increasing in price. This is just one method of using candlestick patterns to determine the direction things will move. There are actually 12 important candlestick patterns that can be used in market prediction, and traders should familiarize themselves with them.

Are You Making These Three Twitter Marketing Mistakes?

Internet marketers have flocked to Twitter in droves. Twitter offers a unique real time platform for Internet marketers, but many find they are getting poor results. Those poor results are usually from one or all of these three Twitter marketing mistakes.

Mistake 1 – Bombarding Twitter followers with nothing but marketing messages.

Twitter is basically a social network. If all you do is sell, sell, sell you’ll likely get poor results. Think of Twitter as a gathering or party. If you’re like that joke we see in the movies all the time, the life insurance salesman selling people right after he shakes hands with them, you are not going to get your marketing messages heard.

Take the time to get to know people. Why? Because people buy from other people they know, like, and trust. That’s an old sales adage from before there even was an Internet. If all you do is sell without getting to know people first you’ll become a Twitter outcast and no one at all will pay any attention to your Tweets.

Mistake 2 – Sending a spammy auto-follow direct message to all who follow you.

The services that have sprung up around Twitter allow you to send an auto-follow direct message, by email, easily. Many people use this function to send people to an offer page they may have. But there is one problem. You don’t know why the person who just followed you did so. It may be because you tweeted about something personal, because they live near you, or they like the same sports team as you. You can’t assume everyone that follows you might be interested in what you are selling. Get to know them first.

Use the direct messages sparingly. Usually an open @ reply inside Twitter will work for most communication. Save the direct messages for things you discover about your followers as you go along, like responses of a personal nature, solutions you can provide to a follower’s specific problems, and the like.

Mistake 3 – Treating your Twitter account like an email list.

You’ll see big marketing gurus who have 60,000 Twitter followers but only follow a handful. That’s OK if you’re Seth Godin, Joel Comm, or some other well known Internet Marketer who can send an email blast and instantly get hundreds or even thousands of followers. If not, you’re going to have to follow some other people with similar interests.

Use the Twitter search to find people with similar interests. Once you’ve followed some of those people, many will have followed you. Follow some of their followers. Many of them will follow you. Just doing this simple thing repeatedly will build up a group of people who just might actually be interested in what you have to say.

So now you know three reasons your Twitter marketing may be failing. If you avoid these three mistakes, and actually get to know your Twitter followers as people instead of dollar signs you’ll be on your way to understanding how best to use Twitter in your internet marketing.

Direct Sellers: Street Credentials Mean Something

Direct selling has been around for a very long time – the reason for this is the fact that direct sellers use word of mouth to promote their products and get sales, and most marketers know that word of mouth marketing continues to be one of the best ways to market a product or service.

Nowadays, direct sellers can utilize a lot of resources in getting prospects, generating leads, and increasing their sales. Social media is one of those resources, as it’s an excellent way to do some market research, engage with prospective customers, and participate in discussions.

It’s not a good idea to just jump into social media without knowing exactly what to do, however. Even if you’ve been using Facebook or Twitter for years now, using social media for your direct selling business is still very different from interacting with your friends on Facebook or tweeting personal stuff on Twitter. There’s more to it than that.

If you really want to be successful in using social media for your business, consulting with an expert would be very helpful. This is someone who can really guide you step-by-step through the process so you don’t end up floundering along and uncertain of what you’re doing.

The problem nowadays is the fact that so many people call themselves “experts” or “gurus” without really being one. There’s a huge difference between a true expert and someone who just calls themselves that.
So how do you find the real expert? How do you differentiate between someone who really knows what they’re doing and someone who’s all talk?

1. Knowledge

For someone to position themselves an “expert” in their field means that they have excellent working knowledge of the industry and the work required of it. They should be knowledgeable enough to be able to explain to someone who’s not involved in the industry – if they frequently use jargon and other industry terms, they may be just spouting off and trying to sound knowledgeable even if they aren’t.

Also, they should know the limits of their knowledge – if they don’t know something, they should willingly admit it. But typically, even if they don’t exactly know something, they know a way to get the information for you.

2. Experience

Experience is also a critical factor. You cannot call yourself an expert without having prior experience in your particular niche or industry. A true expert would have working experience on the field, and can give you evidence of their performance. For example, a social media expert should be able to give you the results of what they did for a business – you should clearly see an improvement in how the business is doing. Otherwise, if they cannot show you any results, then they really shouldn’t call themselves experts.

3. Problem Solver

A real expert isn’t one who will panic when problems arise. They should be able to stay calm and figure out how to solve the problem in a rational manner. They’re the go-to person for any problems encountered. They should be able to make quick decisions based on their knowledge and experience, and guide you in the right direction.

4. Commitment

A true expert is one who is committed to the work they do and continues to learn whatever they can about their field of interest. They aren’t simply stagnant about their knowledge, but they are continually enthusiastic about learning more about their niche. They aren’t forced into doing what they do – they are simply passionate and committed about it.

5. Networking

A real expert is someone who knows how to network with their peers and knows the value of connections. After all, they wouldn’t be experts if no one acknowledges their knowledge and experience on a particular niche.

6. Authentic

Experts are authentic people. They don’t need to scam you in order to sell their services. They practice what they preach, and they’re confident in their abilities. They don’t have to push their expertise on people, because people are already approaching them to learn more.

As a direct seller, make sure that you approach a true expert, not someone who just claims to be an expert but doesn’t have the street credentials to prove it. This is someone who’s willing to take you by the hand and show you what they know without having to make up stories. Don’t fall for just anyone who puts guru or expert at the end of their title. Find the real expert who can really deliver.