Archives for February 2020

The Keltner Channel one of several technical indicators that Forex traders rely on. Used in conjunction with other indicators, it can help you to improve your Forex trading.

What Is the Keltner Channel?

Various technical indicators that Forex traders use inform them about the current trends and volatility level of the market. The Keltner Channel is one of these indicators. Devised in the 1960’s by Chester W. Keltner, this indicator is one of several that rely on the use of bands.

Bands in technical indicators have an upper level and a lower level. Traders can learn a great deal from the information between these two levels, or the band. Some common examples of technical indicators that use bands are Bollinger Bands, Envelopes, and Donchian Channels. There are others, as well.

Technical indicators that use bands can help a trader more easily spot levels that have been overbought or oversold, among other factors.

The Keltner Channel Is Unique

If you’re going to rely on technical indicators to help you with your Forex trades—and you should—it’s best to understand how they work.

The Keltner Channel calculates volatility by taking into account the average true range indicator. You could do these calculations manually, but today’s indicators do them for you automatically.

As shown in the illustration above, the Keltner Channel has three lines. There is the upper channel line, the bottom channel line, and the midline.

If you want to do the calculations manually, take the midline value and multiply it by 1.5. Then add that number to the midline value to ascertain the value of the upper line at that point.

Similarly, subtract that number from the midline value to determine the value of the lower line. You can experiment with these values to make this indicator more or less sensitive to price and volatility.

You can set the Keltner Channel to use a 10-period or a 20-period setting. Then it measures an exponential moving average to form the basis for the typical price.

Because it uses volatility as a basis, the Keltner Channel tends to expand or contract slightly. And because it does, traders can detect volatility in the price action of whatever security they happen to be observing.

It’s Still Useful After All These Years

Despite its age, the Keltner channel is still quite popular among successful traders. However, they most often use it along with other indicators.

For example, some traders like to use the Bollinger Band Squeeze and the Keltner Channel together. This method works because when volatility contracts in the market, both the Keltner Channel and the Bollinger Bands simultaneously indicate this phenomenon.

The chart above gives an example of a Bollinger Band Squeeze within the Keltner Channel.

Traders Use the Keltner Channel in Various Ways

If a trend is running strong, the price of a security price tends to trade consistently above or below the bottom channel line. Eventually, though, prices will line back up with the mid-line.

Let’s say a trader begins to notice that the price is staying within the bands but is closing in on either the upper or the lower band. This lets the trader know, just by looking at the Keltner Channel, that levels are either being oversold or overbought.

Conclusion

Sometimes, the bands in the Keltner Channel will begin to compress together. This is an indication of extremely low volatility. However, low volatility generally leads to a quick transition into higher volatility. 

When this happens, experienced traders know to be poised for breakout trades. Then, depending on the slope of the bands and the channels, they will choose to take either long or short positions.

Women entrepreneurs started a net of 1,821 new businesses in 2019. What’s more, women-owned businesses in the US generate a whopping $1.8 trillion a year. These figures should give hope to any woman who is thinking of striking out on her own. To this end, this article offers some startup ideas for women.

Why Women Should Be Entrepreneurs

The latest scientific studies about the differences between women and men have largely debunked the notion that there are wide differences between the sexes. In other words, women and men are basically the same when it comes to their psychological makeup.

While it’s true that most men can throw a ball further than most women can, when it comes to matters of business, both sexes stand on equal ground.

And even though there are some differences between men and women, when women decide to become entrepreneurs, they can be just as successful in business as their male counterparts.

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What Kinds of Startup Ideas Are Good for Women Entrepreneurs?

If you’re a woman entrepreneur who is ready to embark on a new venture, here are a few ideas to help you get started:

Fast-Food Business

Some women, as well as some men, have a knack for cooking. If you’re a woman entrepreneur who knows her way around food, why not start a fast-food business?

For example, you could invest in a food truck or set up a small kiosk on a well-traveled street. In fact, this could be the start of a great restaurant business.

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Especially when the food you serve is unique, with your own special touches, the possibilities are endless. Some menu suggestions include mini sliders, personal-size pizzas, or tacos.

Clothing Store

Many women entrepreneurs choose to go into some type of clothing business. If you want to sell brand-new, original styles, hire other women who are good at stitching. Then start making clothes that you sell locally at affordable rates. When your business begins to gain traction, take it to the next level by starting a website.

Photography

Photography is a great occupation for women entrepreneurs.

Moreover, it is easier than ever to get started as a photographer these days, thanks to social media platforms such as Instagram.

Start by creating a portfolio of your work on one or more online photography platforms. Additionally, create an Instagram page to let others know about your photography business. In these ways you can reach your prospects without spending a lot of money.

Graphic Design

If you’re a woman entrepreneur who is good with drawing and painting, starting a business as a graphic designer could lead to a good career for you. If you feel the need to brush up your skills first, watch some tutorials online.

For this business idea, however, as well as some others, you’re going to need a reliable Internet connection. So subscribe to Spectrum bundles for a high-speed Internet connection, all for a price that will fit your budget.

Blogging

If you’re a woman entrepreneur who loves working with the written word, blogging could be a good business for you. Moreover, you can start a blog with no hefty investments.

Write blog posts about something you feel passionate about and you could soon develop a devoted following. Advertising and affiliate revenue could come in time.

Women Entrepreneurs Needn’t Wait for Permission

The truth is, women entrepreneurs can go into any industry and start any business that appeals to them. Moreover, gone are the days when entrepreneurial ventures required large investments to jump start. Today all you need are skills, dedication, and the drive to achieve.

So when you’re ready, get started. You could be running your own successful entrepreneurial venture in no time.

For ideas and inspiration to help you get your new venture off the ground, be sure to browse our blog often.

Can an inmate entrepreneur start a business from inside jail? Yes and no. It depends on several circumstances. However, the following three are the first considerations for any endeavor.

• Type of prison: Depending on the level of security there may be less or more access to the Internet or other library resources like email.
• Inmate Offense: Business and white-collar crimes result in frozen assets. This prevents an inmate from beginning any venture from inside prison walls.
• Inmate Abilities: Business opportunities are limited. The best viable option is an online business.

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Most advisors suggest that the business be started from outside the prison. An inmate entrepreneur’s time should focus on learning requisite skills and developing and refining a business model.

However, library time is often limited. Also, inmates do not always have access to a computer or outside communication. Therefore, it is much more practical for the inmate to start the business upon exiting the jail. At that time, inmates have much more significant freedom to operate the needed functions of the business.

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Why Try to Start a Business from Inside Jail?

No one can truly imagine how difficult prison is unless they have been there and experienced the time behind bars. Inmates are denied freedoms and the ability to make life choices. However, this is also a time when true and significant self-development can happen.

This time as an inmate is significant for the development of life skills through educational classes. Many prisons offer GED programs, coding language boot camps, and legal courses. Therefore, if you are in prison or going to prison think about how you are going to use this time.

Develop the skills that you want to use on the outside to grow your business. Take the coding class, an engineering course, or a writing course. Anything that could help you is important to your future.

Once you have an idea about what your business will be you can start drafting a business plan. This will slowly develop over time into a solid investment strategy that others can see and use as a basis for investment in the business and person.

Steps to Start a Business While Incarcerated

The first step is to learn the boundaries of the prison. What can you do and not do? Do you have access to a computer? What websites can you visit? Is it unlimited? What about email? Can you communicate with potential clients and manage your finances?

An inmate entrepreneur needs to know all of these to determine if it is even possible to start a business at your facility. If so, excellent! The inmate is perfectly set up to start any number of digitally-based businesses.

Here is a brief list of all of the businesses you could start with only limited access to a computer and email in a prison library:

• Amazon affiliate marketing blog
• Reselling any type of digital goods
• Dropshipping items from AliExpress or something similar
• Promoting affiliatelLinks
• Selling digital services such as web development, SEO, or content creation

Help Needed from Communities

Most of the time, inmate communication is limited. This means that inmates find that talking with clients and managing funds is extremely difficult.

However, if you go to inmate-search.online to find your friend or relative you can learn how to contact them. Once you’ve discussed your willingness to help, here are a few steps you can take on behalf of the inmate.

• File paperwork with your secretary of state to start the official business
• Open any necessary bank accounts or cards
• Establish an email account
• Communicate with clients if the inmate is unable to
• Pay vendors or receive pay if the inmate is unable to from prison

Each business will have different requirements when it comes to the balance of responsibilities from the inmate to the outside help. Moreover, the use of the prison library is absolutely key to the successful operation of a business. Not only will it give you access to the Internet where you can build your business, but it also will give you access to troves of information on all the topics you need to learn and grow.

Preparing for Life As an Inmate Entrepreneur

The most important part of preparation is to understand that you can never be over-prepared for anything in your life. For instance, utilize an inmate search like Pennsylvania inmate search and reach out to someone already incarcerated at your institution. Learn what life is like. You can also read articles on the same page about what you need to know. Once you get to prison, devote your life to something to keep your mind active.

Collecting money from consumers should never be a complicated process. A payment gateway simplifies the handling of money from one hand to another.

That is why the payment gateway you choose should be a “plug and work” tool. Instead of worrying about specific transactions, business owners can concentrate on other important areas of their company. Below are five features you should look for.

1. Fast Transactions

Speed matters, and should not be slowed by the amount of the transfer. Nothing is worse than missing out on a sale due to a hold. Although you can’t control holds from the bank’s side, it is still nice to know that any transaction-related issues are minimized on your end. Payment gateways reduce problems from security holds on large transactions.

2. Gateway Security

Methods of obtaining data have become more intelligent, offline and online. This has led to more complex hacks designed to get around new security.

However, payment gateways are either current with their security or a step ahead of the hackers. In many ways, gateways act as an additional layer of security to protect the buyer and the seller. It’s the responsible way to do business when selling a product or service.  

3. Updated Standards

Some transactions require a little more legwork than others. Keeping up to date with local, state, and international standards can be dizzying. It also becomes a confusing exercise when you have to do business taxes.

A payment gateway takes care of all the busywork when it comes to money handling. You can concentrate on the raw numbers received and sent rather than worrying about small updates that affect each transaction. This is because, when the rules change or there are important reminders, businesses receive clarification from the payment gateway service provider.

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4. Seamless Integration

As a tool, a payment gateway fits in snugly with any transaction type. As long as the payment method is supported by the software, the money will be processed normally. Some companies even have the option of integrating the software into their brick-and-mortar payment systems. It’s all a way of giving the consumer additional ways to pay for goods.

On the other hand, not all payment gateways are available for certain businesses, services, transaction types, or even countries. Merchants should always check with support before committing to a particular service provider.

5. Ease of Use in a Payment Gateway

Complications are bad for buyers and sellers. Providing multiple ways to pay helps customer retention. From a merchant’s perspective, ease of use is like having the perfect employee. Customizing gateway options takes seconds, and help is always available for some of the more advanced features.   

Payment Gateway Wrap Up

Convenience is one of the greatest assets of a payment gateway. The best of them are made to be compatible with a majority of websites and fit right in with your current checkout types. Ensure the quality of your business by going all-in with a secure payment gateway. 

More people are moving away from the traditional model of storefront business, and drop shipping is what they choose. Here is a drop shipping guide to get you started.

In recent years, the ways in which business is conducted has been going through an evolution. More and more people are moving away from the traditional model of having a physical location with inventory, where buyers walk into the store to make a purchase.

In today’s business world, the most popular method of conducting business is online via an online store. And drop shipping is the preferred method many choose for getting started with an online business. This is your ultimate drop shipping guide for a niche market—costumes and wigs.

What Is Drop Shipping?

Drop shipping refers to a model where the retailer does not keep inventory. Instead, the business owner directs customers’ orders and shipment information to the manufacturer, supplier, or distributors who will then fulfill the order by shipping the product directly to the buyers.

The retailer sets the prices of the goods they are selling. In this case, wigs and costumes, and makes a profit of the difference between the retail price and the wholesale price, just as in any other business.

It is easy to see that drop shipping is an appealing option for businesses looking to increase sales and individuals looking to set up online stores. Here’s a guide to getting started with drop shipping:

Choose Your Drop Shipping Business Concept

To create a successful drop shipping business, you first need to come up with a marketable business concept. It is around this concept that you base your branding, content, and merchandise. The idea could be derived from passion, sales trends, product research, or even trial and error.

When choosing a drop shipping business concept, there are a few things you should keep in mind:

• A niche market can be a great place to start an online store. This is because a pinpoint target market such as Halloween costumes is an ideal business concept. Focusing on a specific market helps the website rank higher in topic-specific search results attracting more interested guests.

• Product research would also serve you well. Do a little research regardless of whether you are focusing on a niche market or casting a wider net. This will ensure you know what products are doing well so you don’t waste your time on a dud.

• Aim to provide solutions to problems. People shop to help find solutions to a problem they have. Your concept should be geared toward satisfying this need, and you will have a winner. For example, finding the right costume for a Halloween party could be a bit of a hassle for a busy professional. Therefore, a Halloween costumes drop shipping service would be a godsend to such a person.

Find Drop Shipping Suppliers

Following this drop shipping guide, you have already settled on a Halloween dropship concept. You know you would like to retail costumes and wigs. The next thing you need to do is to find a credible and reliable Halloween costumes supplier to partner with.

This can seem like a daunting prospect, especially in light of just how many dropship suppliers there are. But you can rest easy because goodsbybc.com has you covered. Boasting a wide array of Halloween wigs and costumes for drop shipping, they are the ideal partner for you to start your business.

Being new to the marketplace, you would want to partner with a supplier that offers the most convenient and hassle-free experience for both you and your buyers, and this is exactly what you will get here. They are a definite candidate for a Halloween and costumes supplier partner.

Create Your Website

It goes without saying that to conduct your dropship business successfully, you will need to create an e-commerce platform. The next step in your drop shipping guide is to get that website up and running and secure. Depending on your business concept, you can either go for a content-based platform or a product-based platform.

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Note that content-based platforms rank higher on search engines and give fodder for marketing. This could mean the difference between setting yourself up as the go-to Halloween dropship shop or just another store on the Internet. 

Curate the Products

Once you are done setting up your website, the real work begins. You have to go through your supplier’s inventory and select all the things you would like to sell on your site and put them up. You also have to set the prices for the dropship wigs and costumes and mark them up to ensure you get a profit. However, you must be careful not to mark them up so much that they won’t sell.

Here, you will also add product descriptions to help your potential buyers make purchases. You need to give them a general understanding of the product and what to expect. Pertinent information such as shipping cost and return policy also go here.

Ensure that the buyer has all the information they would need to help them make the purchase without being too wordy.

Drop Shipping Guide Says: Market Your Business

Just as in any business, a costume dropship business needs marketing to get the word out, increase traffic, and make sales. Marketing can be in terms of emails, social media, and even paid ads. All you need to do is find out which method or combination of methods best suit your needs.

Ensure, however, that you stick to the low-cost marketing tools available to you. While starting up, the aim is to avoid unnecessary spending. Make the most of websites like Facebook, Instagram, and Twitter. You can also optimize the content on your website through Search Engine Optimization to boost your website’s ranking.

Provide Excellent Customer Service

Stay on top of your dropship business orders and their fulfillment. Building goodwill with your buyers is one of the most valuable marketing strategies you will ever have. This is universal when it comes to any business, not just in Halloween wigs and costumes drop shipping. 

You should also work out a procedure to handle customer queries such as shipping problems and return policy. Above all, try and avoid negative reviews; buyers online heavily rely on reviews in their transactions.

Online education is still in diapers, but it is one of the sectors that has experienced strong growth in recent years. E-learning is flourishing because Internet structures have spurred a great demand for online learning options.

Another reason for this growth in online education lies in its advantages. This article is an observation of general trends in e-learning in 2020.

The Online Education Market

Online education begins when someone searches for reviews about a particular type of online course or reviews for a specific service provider. Every student usually has a little knowledge at the beginning of an online course, even though the concept of e-learning is relatively new.

Potential students ask for reviews from people who are already associated with a particular course or service provider. As a result, students can make better decisions about which course to take.

If a potential student finds significant negative comments about a course or service provider, they can look for another course or school online.

Online Education Trends

These are some of the current online education trends that are responsible for shaping the future of online education, from LegitimateEssayWriting.com:

Hybrid Courses

Mixed or hybrid courses are fairly recent. These are courses characterized by a combination of in-person and online interactions with teachers.

Value Addition

Until a few years ago, people did not consider online education to be as valuable as an offline or regular degree. However, things have changed now. Today, some of the most prestigious universities, such as Harvard, Stanford, and Oxford, now offer online degrees, and online education has achieved an enhanced standing among academics.

Higher Enrollment Rate

The enrollment rate for online training is much higher than that for in-person training. In fact, the online enrollment rate has grown by 21% compared to 2% for traditional training methods.

Better Technologies

Online education initially consisted only of reading a few books online. Today it makes use of a variety of tools, such as online chat, forums, debates, and virtual classrooms.

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Social Learning

Cloud-based social learning will shape the future of online learning. Social networks will lead to open teaching methods. Through these methods, students will freely exchange information on the Internet. In short, social networks are becoming a basic tool for learning.

More Trends in Online Education

Although some programs require participation in certain conferences or campus programs, many are offered entirely online. Also, several universities offer online support services for students. For example, many offer online registration, advice, online book buying, student government, and student newspapers.

Online Education A Tool Of Independence

One of the advantages of online learning is that, as a student, you can set up a student resource center that works for you. Therefore, you can learn at your own pace. Most students dislike supervision in education, driven by teachers’ schedules and requirements. Instead, they want the freedom to learn at their own pace and wherever they want.

The evolving learning environment of online teaching corresponds to the learning environment designed by students. Most online educational programs now allow online students to plan their curriculum.

For example, students can access online courses to receive teaching materials, download completed assignments, and participate in online discussion forums.

Structured Freedom

Though they do provide some freedom for students, online courses are structured. These structures allow students to follow a learning path and interact with other students.

For example, students read and respond to other students’ publications. They learn both directly and indirectly from one another by exchanging ideas in discussion forums.

The Internet has made online teaching possible in almost every subject and for all types of students. Homework can be done electronically. Lessons are viewable by way of downloaded video files. Online learning allows students to earn a degree while working and taking care of their families. And online education is now available for every type of degree.

One of the most important advantages of online learning is that more students feel free to participate. For example, not all students feel free to interact with other students in a traditional classroom environment. But even the shyest of students can benefit from an online forum.

Conclusion

It is still possible for committed students find a good traditional school anywhere in the world. This is important for many, because some people need to have learning facilities near them. These are students who want to visit the campus, use the library, meet other students in person, and take exams where they are.

However, specifically in higher education, there is a growing tendency to create a virtual learning environment. A uniform user interface allows institutions to create a managed learning environment in which students access all aspects of a course.

Online education is a way to expand student knowledge in a particular area of ​​study by giving students access to a variety of materials on the subject. So if you’re looking to broaden your knowledge in order to become a better business owner, look to online education to gain the education you feel you need.

If you are a college undergraduate and looking to become an entrepreneur at a young age, there are many start-up ideas to begin your entrepreneurial journey. Setting up a business while studying can be great for you as you will be able to generate income even before graduating. You will also gain valuable experience in running a business profitably. Low-cost business ideas can help you get started today.

Think of it: You could become one of those famous entrepreneurs who started from scratch and went on to make Fortune 500 companies. In this article, we will talk about some low-cost business ideas for learners which will help to become a successful entrepreneur in the future.

On-Campus Delivery Service

As a college student, you have free access to the college campus, and you can capitalize on that by offering a range of delivery services. It could be food items, stationery products, clothes, packaged goods, and others. To begin, you need to check which items are allowed into the college campus. Get permission from the college authorities to provide this service. Your delivery service will save students’ time so they can focus on their studies. 

Cleaning Services

Students do not tend to use the time to clean up their hostel rooms or dormitories. As a result, many rooms are a mess of junk and trash. This reality provides you an opportunity to start a cleaning service for students in exchange for a reasonable fee.

The cost of starting this business is quite low because all you need are cleaning supplies and a license. If you are not comfortable with the cleaning work yourself, you can hire one person to do the job.

Assignment Writing Service 

This is one of the best low-cost business ideas for you to consider. As a student, you know very well how tough it is to complete assignments, submit on time, and get good grades. It takes a lot of hard work and resilience to do all coursework with consistent efficiency. If you help other students to complete their course for a nominal fee, your business will be quickly popular.

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Students will feel relieved to hand over their assignments to you, knowing that you will take on the hassle. You may also expand this business by setting up a website through which you can help students from other colleges complete their assignments. You can follow the business model of top essay services to be on the right track from the very beginning.

Transcription/English Lessons 

This is another brilliant low-cost business idea for students. There are two ways of doing a transcription business for college students. Many college students these days record lectures instead of noting down because writing everything takes a lot of hard work, and in doing so, they will not be attentive to lectures. Where recording is allowed, students can give you the recorded file, and you can transcribe them with correct spelling, sentence construction, and nice formatting so that students can use them for their studies.

Another option is to provide English lessons to international students who struggle to speak or write English. Since these students need to communicate and write in English during their study years, this service could be really helpful for them.

Before We Go

Any of the listed ideas can be great to kickstart your business when you are still in college. You can do business in between the semester breaks. At any other time, when you are busy in study or implementing your business ideas, get an essay writing service so that your coursework and grades are in good shape. Companies like SpeedyPaper.com can take care of your essays for a reasonable fee. Check with them today to get professional-grade essay writing.