As I mentioned awhile back, I've moved up to the Level 3 portion of the ecurrency arbitrage video system.
Explaining how level 3 works is a little tricky so let me use an analogy that I think will help.
Now even though ecurrency arbitrage is NOT stock trading, I think using a stock market anaology will help me explain this level since most people understand the stock market a lot better than ecurrency arbitrage.
So the first thing that you need to understand is that moving from one level to the next level does not mean you're doing arbitrage or not doing arbitrage, it just means that you're doing ecurrency arbitrage in a different way.
It compares to the stock market as follows: imagine that you want to participate in the stock market. Trading stocks is not a "1 option" venture as you can do many things in the stock market.
As a beginner in the stock market, you may choose to simply buy an S&P 500 index fund and not worry about getting any better returns than the overall market in general. But maybe you're more aggressive and you want to pick stocks ...but not pick stocks.
Instead, you might take the effort to select a mutual fund that shares your investment philosophy and even though you're not picking the individual stocks, you're still picking a mutual fund that picks stocks for you. You can carry this out to stock market sectors, or geographic investments, etc.
Moving up the food chain further, you may choose to pick each of your stocks individually and count on nothing other than your personal knowledge of the industries you're trading. Or maybe you crave immediate gratification and want to Day Trade to put money in the bank daily (or lose money daily which is more often the case).
Ah ...but where's the leverage in all this? How about trading stock options, now you're really hanging it all out there, taking the big risks.
Of course, you can do all of these stock trading techniques. You can do them 1 at a time to suit your lifestyle / investment style, or you can do them all at once, or a portion that you mix and match ...it's really 100% up to you to decide how you want to control it all.
But no matter what you choose ...at the end of the day, you're still doing nothing more than trading stocks. It's just a matter of how you choose to trade stocks. You're not stopping your trading to invest in real estate or commodities, you're simply trading stocks but with different methods.
And that's the way the different levels work in Paul Jenkins ecurrency arbitrage system. No matter what level you choose, you're still just doing ecurrency arbitrage but you're doing it in different ways.
One method does not replace the other as you'll do them all, or some, or just one, or some combination as you choose.
In my next posts, I'll start getting into more specifics. There's still a LOT that I don't know and I have to watch a few more of the ecurrency arbitrage videos for this section.
Ciao
Amy
Friday, August 14, 2009
Wednesday, August 12, 2009
Vacation Season Over - Time For Work
Hi All
Last day of my last vacation this year... almost too much of a good thing.
Now I need to work off a few massive dinners, lots of deserts, and maybe a fruity drink or two (hmmm ...maybe a few more than 2 ...but if you can't remember drinking it ...does it really count?).
I also need to get back into the serious business mindset again and crank up Level 3 of my ecurrency arbitrage business. I need to go back and watch some videos again. Even though I watched them before, I need to refresh my brain (I think I might have killed off a few of the brain cells that had the ecurrency arbitrage video info in them ...LOL).
New updates coming soon ...Ciao
Amy
Last day of my last vacation this year... almost too much of a good thing.
Now I need to work off a few massive dinners, lots of deserts, and maybe a fruity drink or two (hmmm ...maybe a few more than 2 ...but if you can't remember drinking it ...does it really count?).
I also need to get back into the serious business mindset again and crank up Level 3 of my ecurrency arbitrage business. I need to go back and watch some videos again. Even though I watched them before, I need to refresh my brain (I think I might have killed off a few of the brain cells that had the ecurrency arbitrage video info in them ...LOL).
New updates coming soon ...Ciao
Amy
Monday, August 3, 2009
I'm Guilty - That's What I Get!
I need to eat some crow today...
I got off track and started preaching ...got a little success and a little "spunky" (Gramma's term) I guess.
Right after I laughed at the "leaky tent" boys, I came home and did the same thing they did ...just a little bit different.
You see, my car was coated with sand from the camping trip, and since it was a beautiful day, I decided to put on my swim suit and get a tan while washing the car. That was the "plan" anyhow.
The reality was me sweating like a marathon runner and scraping bug guts off the front of the car with my fingernails.
Not only was it gross scraping bug guts, it also destroyed my thumb nail, and frankly, it hurts. So you can imagine that after about 45 minutes of this "tanning", I started thinking about the 2 guys in the leaky tent, my last blog post, and the fact that I was now a raving hypocrite!
So my new pledge: No more minimum wage work for me.
Ciao
Amy
P.S. Can anyone tell me if there's anything harder than sun baked bug guts? I truly doubt it.
I got off track and started preaching ...got a little success and a little "spunky" (Gramma's term) I guess.
Right after I laughed at the "leaky tent" boys, I came home and did the same thing they did ...just a little bit different.
You see, my car was coated with sand from the camping trip, and since it was a beautiful day, I decided to put on my swim suit and get a tan while washing the car. That was the "plan" anyhow.
The reality was me sweating like a marathon runner and scraping bug guts off the front of the car with my fingernails.
Not only was it gross scraping bug guts, it also destroyed my thumb nail, and frankly, it hurts. So you can imagine that after about 45 minutes of this "tanning", I started thinking about the 2 guys in the leaky tent, my last blog post, and the fact that I was now a raving hypocrite!
So my new pledge: No more minimum wage work for me.
I'll pay to have my car cleaned
I'll pay to have my clothes pressed
I'll pay for the reserved seats and show up at the start instead of fighting the gate crashers
I'll pay for all the work that I hate to do, don't like to do, or work that simply takes me away from what i should be doing --- running my ecurrency arbitrage business.
Ciao
Amy
P.S. Can anyone tell me if there's anything harder than sun baked bug guts? I truly doubt it.
Tuesday, July 21, 2009
Job Mind ...Business Mind - Which Do You Have?
Hey All
I'm on a 2 week camping trip with my friends, which is a story in itself, but not what I was going to talk about today.
I mean, it is nice to just take off when I want and not ask for "permission", er, ah, I mean "vacation time" from my boss. It seemed like there was always something that needed to be done "urgently" that kept me from leaving when I wanted.
But what got me thinking this morning was the guy in the campsite next to ours.
I don't know the guys name so for the sake of this story I'll simply call him Jake.
Early this morning, Jake went into town to the hardware store to buy a little hand saw and some boards ...about 2" x 2" x 8 feet long. He then spent the next few hours cutting the wood to size and assembling them into make shift poles (think of an X at the bottom and then a pole standing straight up.
Jake then positioned these poles at each corner of his tent and tied a duct tape repaired, plastic tarp to each corner to create a cover over his tent.
Of course, these homemade stands would not hold the tarp once the wind started blowing so he then tied rope to every tree in the area and to ground stakes ...if you can imagine, this made it look a bit like a maze to walk through and his campsite like some disaster relief site (you pick the 3rd world country).
Out of curiosity, I just had t ask Jake why he spent half his day building this tarp / maze / cover contraption and his answer was simple ...his tent leaks.
OK, fair enough, nobody wants to get wet while sleeping.
But the truth is, this "simple answer" is really a LOT more complex. Which is why I decided to write about this and tell you about a transformation that I've been going through since I started doing ecurrency arbitrage.
It really has to do about the psychology of a "worker bee" (having a job) and the psychology of a business owner's mind.
When I had a job, I used to look for things I could do to save money because I knew that I was only going to earn a fixed salary every 2-weeks. And since I had a fixed income, doing things to save money made a lot of sense as my overall net worth is basically income minus expenses.
If I can't affect my income, the only option I have is to reduce expenses i.e. spend less, do more work.
But with my ecurrency arbitrage business, I now have the ability to earn more money as I choose. If I do more ecurrency arbitrage set ups, I make more money. But it does take my time to do this ...there's no free lunch in business.
So now I look at everything a little differently as I can now have an immediate effect on my income and expenses and choose what gives me the best net benefit.
For example, if it takes me 2 hours each week to do laundry, and I could instead use those 2 hours to do ecurrency arbitrage set ups instead. So now I look at what's the real "cost" of me doing laundry?
I don't know exactly what that cost is but I do know it's cheaper for me to send my clothes to the cleaners and let them press my clothes than for me to iron the wrinkles out (plus, I absolutely hate to iron).
And here's where I'm now way ahead of Jake.
I would have just gone into town and bought a new tent instead of going to town for lumber and a saw. I know I could have made more money in that half a day wasted cutting wood than the tent would have cost me, so why should I waste my time building a rope maze?
Besides, I think I would kill myself tripping over all those ropes after a "margarita campfire" ...LOL.
So what's the moral of the story?
Get a business (any business, this is not limited to Paul Jenkins ecurrency arbitrage) and control both sides of your net worth equation. Even if you have a job, you can still work a business part time and do something more profitable than laundry, or cleaning, or yard work.
Make sense?
Ciao
Amy
I'm on a 2 week camping trip with my friends, which is a story in itself, but not what I was going to talk about today.
I mean, it is nice to just take off when I want and not ask for "permission", er, ah, I mean "vacation time" from my boss. It seemed like there was always something that needed to be done "urgently" that kept me from leaving when I wanted.
But what got me thinking this morning was the guy in the campsite next to ours.
I don't know the guys name so for the sake of this story I'll simply call him Jake.
Early this morning, Jake went into town to the hardware store to buy a little hand saw and some boards ...about 2" x 2" x 8 feet long. He then spent the next few hours cutting the wood to size and assembling them into make shift poles (think of an X at the bottom and then a pole standing straight up.
Jake then positioned these poles at each corner of his tent and tied a duct tape repaired, plastic tarp to each corner to create a cover over his tent.
Of course, these homemade stands would not hold the tarp once the wind started blowing so he then tied rope to every tree in the area and to ground stakes ...if you can imagine, this made it look a bit like a maze to walk through and his campsite like some disaster relief site (you pick the 3rd world country).Out of curiosity, I just had t ask Jake why he spent half his day building this tarp / maze / cover contraption and his answer was simple ...his tent leaks.
OK, fair enough, nobody wants to get wet while sleeping.
But the truth is, this "simple answer" is really a LOT more complex. Which is why I decided to write about this and tell you about a transformation that I've been going through since I started doing ecurrency arbitrage.
It really has to do about the psychology of a "worker bee" (having a job) and the psychology of a business owner's mind.
When I had a job, I used to look for things I could do to save money because I knew that I was only going to earn a fixed salary every 2-weeks. And since I had a fixed income, doing things to save money made a lot of sense as my overall net worth is basically income minus expenses.
If I can't affect my income, the only option I have is to reduce expenses i.e. spend less, do more work.
But with my ecurrency arbitrage business, I now have the ability to earn more money as I choose. If I do more ecurrency arbitrage set ups, I make more money. But it does take my time to do this ...there's no free lunch in business.
So now I look at everything a little differently as I can now have an immediate effect on my income and expenses and choose what gives me the best net benefit.
For example, if it takes me 2 hours each week to do laundry, and I could instead use those 2 hours to do ecurrency arbitrage set ups instead. So now I look at what's the real "cost" of me doing laundry?
I don't know exactly what that cost is but I do know it's cheaper for me to send my clothes to the cleaners and let them press my clothes than for me to iron the wrinkles out (plus, I absolutely hate to iron).
And here's where I'm now way ahead of Jake.
I would have just gone into town and bought a new tent instead of going to town for lumber and a saw. I know I could have made more money in that half a day wasted cutting wood than the tent would have cost me, so why should I waste my time building a rope maze?
Besides, I think I would kill myself tripping over all those ropes after a "margarita campfire" ...LOL.
So what's the moral of the story?
Get a business (any business, this is not limited to Paul Jenkins ecurrency arbitrage) and control both sides of your net worth equation. Even if you have a job, you can still work a business part time and do something more profitable than laundry, or cleaning, or yard work.
Make sense?
Ciao
Amy
Thursday, July 9, 2009
Rex, Mack, ecurrency arbitrage and Me - True Story
People always ask me how I've been able to make money online with ecurrency arbitrage.
So here's a true & funny story that pretty much sums up exactly what I've done and the 1 simple thing that you need to do as well.
But to tell this story, I need to introduce you to my best buddies Rex and Mack.
Mack is a the blonde and as the stereo typical 'blonde'... he's very sweet, but a little less than a Rhode Scholar ...if ya know what I mean.
Rex on the other hand was very appropriately named since he 'wrecks' my apartment (chews walls and woodwork), 'wrecks' the yard (digs holes) and 'wrecks' my car (too gross to explain).
The thing about Rex is that he's persistent, which gets him into trouble, but also gets him what he wants.
You see, I don't let the dogs upstairs as they wrestle around at night and wake me up. Mack simply accepts this when I shut the door on them but not Rex.
Rex would sit at the top of the stairs and use his paw to pull down on the door knob lever. But this was filled with peril as he would fall down the stairs after each attempt.
I would hear him flick the door handle, then I would hear 'thump, wump, thump, bump, thump, as he tumbled down the stairs. Without hesitation, Rex would run right back up the stairs and flick the door handle again ...and then fall down the stairs, over and over this would go on.
Up until yesterday that is.
Yesterday I woke up and the dogs were both sleeping on the side of my bed. My first thought was that my roommate let the dogs in but when I asked her if she did this she let me in on Rex's secret.
It turns out that he mastered the door handle and now let's himself into the bathroom to get access to his 'private, flushable water bowl' any time he needs to. And he now works the door to the upstairs ...this is simply amazing to me!
But Rex is only doing the same thing I do to make money with ecurrency arbitrage ...he just keeps at it until he gets it right. Rex didn't give up the 1st time he tumbled down the stairs just as I didn't give up the 1st time I ran into a tough spot.
Rex just kept going at it and so did I ...Rex drinks 'fresh' water when he wants and sleeps where he pleases and I work when I want and where I want.
So what's the real secret to Paul Jenkins ecurrency arbitrage? Just keep at it ...real simple, just keep at it and never quit!
Ciao
Amy
So here's a true & funny story that pretty much sums up exactly what I've done and the 1 simple thing that you need to do as well.
But to tell this story, I need to introduce you to my best buddies Rex and Mack.
Mack is a the blonde and as the stereo typical 'blonde'... he's very sweet, but a little less than a Rhode Scholar ...if ya know what I mean.Rex on the other hand was very appropriately named since he 'wrecks' my apartment (chews walls and woodwork), 'wrecks' the yard (digs holes) and 'wrecks' my car (too gross to explain).
The thing about Rex is that he's persistent, which gets him into trouble, but also gets him what he wants.
You see, I don't let the dogs upstairs as they wrestle around at night and wake me up. Mack simply accepts this when I shut the door on them but not Rex.
Rex would sit at the top of the stairs and use his paw to pull down on the door knob lever. But this was filled with peril as he would fall down the stairs after each attempt.
I would hear him flick the door handle, then I would hear 'thump, wump, thump, bump, thump, as he tumbled down the stairs. Without hesitation, Rex would run right back up the stairs and flick the door handle again ...and then fall down the stairs, over and over this would go on.
Up until yesterday that is.
Yesterday I woke up and the dogs were both sleeping on the side of my bed. My first thought was that my roommate let the dogs in but when I asked her if she did this she let me in on Rex's secret.
It turns out that he mastered the door handle and now let's himself into the bathroom to get access to his 'private, flushable water bowl' any time he needs to. And he now works the door to the upstairs ...this is simply amazing to me!
But Rex is only doing the same thing I do to make money with ecurrency arbitrage ...he just keeps at it until he gets it right. Rex didn't give up the 1st time he tumbled down the stairs just as I didn't give up the 1st time I ran into a tough spot.
Rex just kept going at it and so did I ...Rex drinks 'fresh' water when he wants and sleeps where he pleases and I work when I want and where I want.
So what's the real secret to Paul Jenkins ecurrency arbitrage? Just keep at it ...real simple, just keep at it and never quit!
Ciao
Amy
Friday, June 26, 2009
Why "Copy & Paste" the Day Away?
Not to shatter any star struck dreamers out there, but ecurrency arbitrage takes effort. Like I've said before, it's not a lottery ticket, or a magic bullet, it's a business and like any business you need to put in a little elbow grease to make it work.
What business takes no work?
Anything that takes no effort, will likely provide no rewards ...or it's nothing but a flat out scam. Ecurrency arbitrage does take effort and it does pay back based upon what you put into it. No more, no less ...put in an honest days work, get back an honest days pay (only better ...I'll explain).
So the reason I sit and copy and paste is simple. The more I copy and paste, the more money I make.
For example, if I set up a transaction that pays me $2 or $5 a day... that sounds like just a small amount of cash, but if I copy and paste this transaction, then I can make $4 or $10.
Now, if I copy and paste 5 times, I make 5 times the return as if i only had 1 transaction set up. Of course, it's not truly a 1 to 1 ratio but the principle is exactly the same.
So if I spend my day copying and pasting, I can then "spend" that cash doing what I choose.
And right now I choose to go shopping. I'm not sure for what but it's ungodly hot outside and the mall is cooler than my apartment.
Ciao
Amy
What business takes no work?
Anything that takes no effort, will likely provide no rewards ...or it's nothing but a flat out scam. Ecurrency arbitrage does take effort and it does pay back based upon what you put into it. No more, no less ...put in an honest days work, get back an honest days pay (only better ...I'll explain).
So the reason I sit and copy and paste is simple. The more I copy and paste, the more money I make.
For example, if I set up a transaction that pays me $2 or $5 a day... that sounds like just a small amount of cash, but if I copy and paste this transaction, then I can make $4 or $10.
Now, if I copy and paste 5 times, I make 5 times the return as if i only had 1 transaction set up. Of course, it's not truly a 1 to 1 ratio but the principle is exactly the same.
So if I spend my day copying and pasting, I can then "spend" that cash doing what I choose.
And right now I choose to go shopping. I'm not sure for what but it's ungodly hot outside and the mall is cooler than my apartment.
Ciao
Amy
Wednesday, June 17, 2009
In "Copy & Paste" Mode
Hi All
I'm in somewhat of a "boring" mode as all I'm doing right now is your basic "copy and paste". In other words, I'm simply doing the same steps over and over right now.
eCurrency Arbitrage can be a little boring at times because at some point you simply need to do the exact same steps over and over. I find it a bit more thrilling when I'm learning something new every day.
But some days you need to just sit and grind it out because the more "copy & paste" set ups you do, the more money you earn with Paul Jenkins arbitrage videos. Boring ...yes, simple and mindless ...yes, necessary ...yes, profitable ...yes.
So the bottom line is this, ecurrency arbitrage can be boring at times. It's not all "wheeling and dealing", sometimes it's just putting on the headphones, cranking up the tunes and just grinding the day away with right click copy - right click paste - right click copy - right click paste ...and on and on and on.
Make sure your iPod is fully stocked and then fire it up.
Caio
Amy
I'm in somewhat of a "boring" mode as all I'm doing right now is your basic "copy and paste". In other words, I'm simply doing the same steps over and over right now.
eCurrency Arbitrage can be a little boring at times because at some point you simply need to do the exact same steps over and over. I find it a bit more thrilling when I'm learning something new every day.
But some days you need to just sit and grind it out because the more "copy & paste" set ups you do, the more money you earn with Paul Jenkins arbitrage videos. Boring ...yes, simple and mindless ...yes, necessary ...yes, profitable ...yes.
So the bottom line is this, ecurrency arbitrage can be boring at times. It's not all "wheeling and dealing", sometimes it's just putting on the headphones, cranking up the tunes and just grinding the day away with right click copy - right click paste - right click copy - right click paste ...and on and on and on.
Make sure your iPod is fully stocked and then fire it up.
Caio
Amy
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