FIRSTSTANDS

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FIRSTSTANDS PRESENTS: YOUTUBE AUTOMATION

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FIRSTSTANDS PRESENTS: YOUTUBE AUTOMATION

You tube's Evolutions From Massive Collection Of Cat Baby Videos To The World’s Second Largest Search Engine Has Resulted In A Wealth Of Opportunity For Brands And Creators.

In Digital Marketing Campaigns To Additional Revenue Streams, YouTube Channels Can Offer A Wide Range Of Benefits.

WHAT IS YOUTUBE AUTOMATION?

YouTube Automation Is A Process That Makes Use Of YouTube Software To Automatic Actions On YouTube.

This Help YouTube Ensure That Their YouTube Channel Gets The Needed Engagement For Internet Traffic When Put On Autopilot. YouTube Automation Is Beneficial, As It Helps People Grow Their Business.

It Is Entirely Legal, As It Uses Techniques That Do Not Bridge YouTube's Policy When Generating Traffic. Some Of These Methods Include Automating The Schedule Of Your Video Uploads, Auto Commenting, And Many More.

HOW CAN YOUTUBE HELP YOU GROWING YOUR BUSINESS?

The Research Has Proved Visual Memory Last Longer Compared To Something You Heard For Example.

This Is The Only Reason To Use YouTube As A Marketing Tool. Furthermore, People Like To See Enjoyable Content. If They Like Something They Have Seen, They Tend To Replay The Content Over And Over Unit

They Decide To Buy Your Products Or To Use Your Services.

People Also Look For Product Reviews On YouTube. They Are Even Watching The Unboxing Videos For Them. If They Like What They See And If They Have Enough Information About What They Are Interested In. You Have All The Chances For Your Profit To Grow.

Video Ads Can Also Have Subliminal Messages. They Are Hidden Messages That Make People Think Of Something That Is Not Directly Presented In The Commercial.

Pepsi Is One Of The Companies Using Subliminal Messages Very Often. One Of The Commercial Was Playing During A Movie At The Cinema

People Started Buying Pepsi Right After The Interval. This Is An Ingenious Way Of Growing Business. Isn’t It?

YOUTUBE AUTOMATION – IS IT POSSIBLE?

The Answer To This Is A Big Yes. YouTube Automation Took Work Effectively And Are Highly Reliable. As Long As You Know How To Take Advantage Of Its Benefits, You Will Get A High Return On Your Investment With YouTube Automation Tools, Your Content View Counts Are Inflated And Help You Get The You Want On YouTube.

However, It Is Essential To Know That If You Don't Know How To Use YouTube Automation Tools, You Could Lose Your Account For Misusing It. Another Important Thing To Avoid Is Engaging In Video Content That May Have Fraudulent Ads. To Avoid Any Form Of Compilation, It's Best To Avoid Using Videos With Ads Completely.

DOES YOUTUBE SUPPORT YOUTUBE AUTOMATION TOOL?

Youtube Support Automation Tools Completely, But There Are Laid Down Rules To Use One, As Well As A Lot Of Restrictions. Due To These Policies And Restrictions, Some Youtube Companies Like TubeAssist Have Shut Down.

There Are Some Tools That I Would Recommend You Like: UseViral, Stromaviews, Tubebuddy. There Is Also Available A Free Tool Name VidIQ

CONCLUSION

In The Age Where Social Media Dominance And Digital Presence Counts, The Number Of Followers And Subscribers You Have Given To Your Business An Edge For Success. The More Subscribers You Have, The More Online Presence You Gain, Ensure Your Company Has A Better Chance Of Success. For More Information Visit Our Leadership Page And Learn More About It From The Experts Like: Celeb Boxx  

About Firststands

Firststands gives the best business ideas and helps founders to launch, manage and grow their business across the globe. Our business ideas blogs will help you build a more profitable business and take back control of your life. We are business coaching and advising the community that helped many business owners like you across dozens of industries to rapidly scale your business, double your growth rate, and drastically reduce your company’s reliance on you. We value time, freedom, and lifestyle above all else. What's the point of growing a successful company if you sacrifice your living and the things you care about the most in the process. If you need the best digital marketing team who can drive great revenue in your business so Whatsapp us on [phone]. 

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This is probably the most valuable blog about Dropshipping you are going to read. We are gonna go through step by step as to how you can start your Dropshipping business today. I will tell you some marketing methods, Starting a new store from scratch, And challenges. I have talked with my friend and helped him start his store so everything you will read will be up to date and very similar for the foreseeable future.

[firstsands]

This is probably the most valuable blog about Dropshipping you are going to read. We are gonna go through step by step as to how you can start your Dropshipping business today. I will tell you some marketing methods, Starting a new store from scratch, And challenges. I have talked with my friend and helped him start his store so everything you will read will be up to date and very similar for the foreseeable future.

[firstsands]

This is probably the most valuable blog about Dropshipping you are going to read. We are gonna go through step by step as to how you can start your Dropshipping business today. I will tell you some marketing methods, Starting a new store from scratch, And challenges. I have talked with my friend and helped him start his store so everything you will read will be up to date and very similar for the foreseeable future.

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INTRODUCTION TO DROPSHIPPING

This is probably the most valuable blog about Dropshipping you are going to read. We are gonna go through step by step as to how you can start your Dropshipping business today. I will tell you some marketing methods, Starting a new store from scratch, And challenges. I have talked with my friend and helped him start his store so everything you will read will be up to date and very similar for the foreseeable future.

WHAT IS DROPSHIPPING?

Dropshipping is a business in which you need to find a running product on a Chinese website (Aliexpress, etc.) or a manufacturer and sell it directly to customers. For example: If you buy a hairdryer for $13 on Aliexpress which delivers the product to the customer’s door and sells it for $25 to the customer on your website. Want your own website? Our Firststands team will help you in making your website to display products, place orders, and payments. For that, you directly earned $12. In short, you are a mediator here.

Growth Of Dropshipping

The Dropshipping market was valued at $162.44 billion in 2019 and is expected to grow at a CAGR of 18.3% during the forecast period to reach $591.77 billion by 2027. So if you plan it for your future purpose so it is one of the best options for you to start now.

Benefits Of Dropshipping

1. Less investment     

2. Easy to get started

3. Low overhead

4. Flexible location

5. Don’t have to pre-purchase the items you sell.

Disadvantages Of Dropshipping

Supplier errors: Even the best Dropshipping suppliers make mistakes fulfilling orders—mistakes for which you have to take responsibility and apologize. And mediocre and low-quality suppliers will cause endless frustration with missing items, botched shipments, and low-quality packing, which can damage your business’s reputation.

Limited customization and branding: Some suppliers can accommodate your business’s product changes, but even then, the supplier has the most control over the product itself. Any changes or additions to the product itself usually require a minimum order quantity to make it viable and affordable for the manufacturer.

Low margins: This might be the biggest disadvantage to operating in a highly competitive Dropshipping niche. Because it's so easy to get started, And the overhead costs are so minimal, Many other stores will sell items at rock-bottom prices in order to grow the avenue.

How to start Dropshipping

1. Product:  Arguably the most important part with Dropshipping you usually sell products on social media so you have to have a product with some sort Of WOW factor that people think it's cool or helps people one or the other way.

If you haven't had any success with Dropshipping and are here for the first time, I would recommend not reinventing wheels in order to find brand new untapped products, but rather go with a hot product that is currently trending.

You can see ads on Facebook or Instagram and can find products that are performing well. There are websites that compile potential-looking products you can look Aliexpress products. I would end it by saying that you need to find a product that you yourself find the product interesting or can imagine someone in your life buying the product.

2. Website: You basically have to create a website that actually looks clean, nice, simple, easy to use, and look legitimate. for making a new website you can dm us on Firststands. Now you have to decide whether you want to make a general store that sells everything or a niche store that sells in a particular niche or a single product store that focuses on a single product. Talking of me I am not a fan of the general stores because the conversion rate is not pretty good, it's hard to sell car products and beauty products on the same website. I just personally would not recommend it. Selling one product has the highest conversion rates but it's hard to sell products on that because you have to make a new website every time just to launch a new product which is time-consuming and the cost of new domains can get out. Now the niche stores I would probably recommend to beginners you can make it feel like a brand and also have a big conversion rate.

3. Advertisement: VERY IMPORTANT, You advertise and this is the first thing people see regarding your stores, That gets them to your stores which can make or break a whole Dropshipping business. You can’t just take a screenshot of the product and post on for advertising. So how do make good advertisements? don't worry we are here for your advertisement you dm us for it on Firststands. we will manage your social media handles or take your insight higher.

4. Marketing: If you have the last 3 pillars on your side so this part should not be difficult, it will take some practice and experience. You are going to market your products on social media. for that also you dm us on Firststands.

CONCLUSIONS

So after what we have read is it worth starting Dropshipping? As we mentioned Dropshipping isn't a perfect, stress-free way to build a successful online business -- hard work is always required to start a Dropshipping business. The good news is that with some careful planning and consideration, most of these hurdles can be resolved and need not prevent you from building a profitable, thriving Dropshipping business for backup we are always available for you. you can directly call our executives on 9650353883 they will guide you to reach the best.

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ALL CANDLESTICK PATTERNS IN THE STOCK MARKET 

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ALL CANDLESTICK PATTERNS IN THE STOCK MARKET

in our previous blogs we have tried to understand the basics of trading cryptocurrency, How to analyze cryptocurrency technically (technical analysis). Today we are going to look at  something new and very important if you want to be successful at trading crypto or trading in stocks, which is to understand the candlestick chart and its patterns.

As I already said if you invest in some crypto or in a stock by following news or something ‘you are already late’, The answer to the question, “How to understand this is the perfect time to invest or to take back your money?”, Is just by looking at the candlestick pattern of your cryptocurrency or your stock.

HOW TO READ A CANDLESTICK CHART…

Candlestick charts originated in Japan over 100 years before the west had developed the bar charts. In the 1700s, A Japanese man known as Homma discovered that as there was a link between price and the supply and demand of rice, the market also was strongly influenced by the emotions of traders.

A daily candlestick chart of your cryptocurrency shows the security’s open, high, low and close price for the day. 

When the real body is filled, black or red then it means that the close is lower than the open and is known as the BEARISH CANDLE. It shows that the opening price was higher than the closed price for the day.

When the real body is filled, White or green then it means the close is higher than the open and is known as the BULLISH CANDLE. 

The thin vertical line above and below the real body is known as the shadows which represents the highest and lowest price of the trading session.

The upper shadow shows the highest price and the bottom shadow shows the lowest price of the trading session.

Before jumping into learning about different candlestick charts of your cryptocurrency there are few assumptions that we have to keep in mind that are specific to the candlestick charts.

1.Strength is represented by a bullish or green candle and weakness by a bearshing or a red candle. One should ensure that whenever they buy it is a green candle day and whenever they are selling, ensure that it’s a red candle day.

2.One should look for a prior trend. If you are looking at a bullish reversal pattern, then the prior trend should be bearish and vice versa.

TYPES OF CANDLESTICK PATTERNS

The candlestick patterns can be divided into:

⦁ Continuation pattern

⦁ Bullish reversal pattern

⦁ Bearish reversal pattern 

We will be discussing 30 different patterns, Categories in the above categories.

BULLISH REVERSAL PATTERN

Bullish Reversal candlestick patterns indicate that the ongoing downtrend is going to reverse to an uptrend.

Thus, the traders should be cautious about their short positions when the bullish reversal candlestick chart patterns are formed.

Hammer is a single candlestick pattern that is formed at the end of a downtrend and signals bullish reversal.

The real body of this candle is small and is located at the top with lower shadow which should be more than the real body. This candlestick chart pattern has no or little upper shadow.

The psychology behind this candle formation is that the price opened at a certain point and SELLER PUSHED down the price. Suddenly the BUYERS came into the market and pushed the price up and closed the trading session more than the opening price. This resulted in the formation of a bullish pattern and signifies that buyers are back in the market and the downtrend may end.

This is an example of the Hammer candlestick pattern of a cryptocurrency or a stock.

2.PIERCING PATTERN

Piercing pattern is a multiple candlestick pattern formed after a downtrend indicating a bullish reversal.

It is formed by two candles, The first candle being a bearish candle which indicates the continuation of the downtrend.

The second candle is a bullish candle which opens gap down but closes more than 50% of the real body of the previous candle which shows that the bulls are back in the market and a bullish reversal is going to take place.

Traders can enter a long position if the next day a bullish candle is formed and can place a stop-loss at the low of the second candle.

Bullish engulfing is a multiple candlestick pattern after a downtrend indicating a bullish reversal.

It is formed by 2 candles. 

The first candle is a bearish candle that indicates the continuation of the downtrend of your cryptocurrency.

The second candle is a bullish candle that completely over-shines the first candle, Indicating BUYERS back in the market.

 Traders can enter a long position if the next day a bullish candle is formed the downtres/loss can be stopped at the low of the second candle.

The morning star is a multiple candlestick chart pattern which is formed after a downtrend indicating bullish reversal.

It is made of 3 candlesticks, First being a bearish candle, second a DOJI and the third being a bullish candle.

The first candle shows the continuation of the downtrend, The second candle being a doji indicates indecision in the market, And the third bullish candle shows that the BUYER BULL are back in the market.

THE SECOND CANDLE SHOULD BE COMPLETELY OUT OF THE REAL BODIES OF THE FIRST AND THIRD CANDLES.

The Three White Soldiers is a multiple candlestick pattern that is formed after a downtrend indicating a bullish reversal.

These candlestick charts are made of three long bullish bodies which don’t have long shadows and are open within the real body of the previous candle in the pattern.

The White Marubozu is a single candlestick pattern that is formed after a downtrend indicating a bullish reversal.

This candlestick has a long bullish body with no upper or lower shadows which shows that BUYERS are coming to escalate the market.

At the formation of this candle, The sellers should be cautious and close their shorting position.

The Three inside Up is a multiple candlestick pattern which is formed after a downtrend indicating bullish reversal.

It consists of three candlesticks, The first being a ling bearish candle, The second candlestick being a small bullish candle which should be in the range of the first candlestick. The third candlestick should be a long bullish candlestick confirming the bullish reversal.

The relationship of the first and second candle should be of the bullish harami candlestick pattern.

Traders can take a long position after the completion of this candlestick pattern.

The three outside up is a multiple candlestick pattern which is formed after a downtrend indicating a bullish reversal.

It consists of three candlesticks, the first being a short bearish candle, the second being a large bullish candle which should cover the first candlestick.

The third candlestick should be a long bullish candlestick confirming the bullish reversal

The relationship of the first and second candlestick chart should be of the bullish engulfing candlestick pattern. Traders can take a long position after the completion of this candlestick pattern.

CONCLUSION

So we saw some candlestick chart patterns which may be useful for you to identify when to invest in cryptocurrency. But knowing things is as important as knowing what to do. So in our next blog we will be looking at the candlestick pattern of your cryptocurrency which can cost you money when you invest.For more info visit firststands.com by that we can help you to understands these things more depthly and also you can get some amazing business ideas that will help you to become financial free.

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Firststands: Technical Analysis Part 3

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Firststands: Technical Analysis Part 3

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Firststands: Technical Analysis Part 3

Let’s begin with a quick recap of what we have learned so far. We learned the process of opening a trading a D-mat account. How to trade with a quantitative edge and how to build a trading system.

Do you know there is a psychology involved when it comes to practicing technical analysis, and we can anticipate emotions like fear and greed, and this is only possible once we understand the psychology behind candlestick charts and patterns, and that’s what we are gonna learn today. Today’s episode will be a pack full of knowledge that is something you are going to be carrying for the rest of your life.

PRICE AND TRENDS

First of technical analysis is study of money movement, So there are few things you know about price action: HISTORY TENDS TO REPEAT ITSELF let’s look at a cycle, every winter you can buy air conditioners at lower price and in summer you can sell it on higher price because the demand is higher, it is a human mentality that is not going to change, a normal person will go to buy an air conditioner in winters, people would probably say that but they won’t, A trader would probably do that. The same thing causes fear and greed no matter the time frame you are in.

Second price action is MARKET TRENDS there are 2 types of market trends, lets understand with some pictures

UPTREND : When the graph scales and shows upward movement of assets.

DOWNTREND : The movement of coin/stock towards a lower price from previous state

when you look at the uptrend, every time there is a dip that is higher than previous, it becomes the higher low.

This picture above is a candlestick chart. If you want to study some companies' charts you don't have to see every detail, just mark the higher lows and the lower high to figure out, Is it an uptrend or a downtrend ?

with some examples: Let’s, divide this chart in parts, so from June till mid-August, you can clearly see that there is a downtrend, but from mid-August to September the higher lows are approximate same, let’s call it as a side-trend, from September till end the chart is clearly in an uptrend, by just marking the higher and lower points you can determine the type.

The third price action is MARKET DISCOUNT EVERYTHING which means, If there is some news or analysis that the market knows is going to happen it will already be reflected in price. Why is that? Because they suck genius, smart people reading news, understanding everything, listening to management calls, they will make inferences and they’ll think this is going to happen in 3 or 6 months which the retail investor cannot know. So, if there is an analysis, that’s going to happen after 6 months in a company, and retailers don’t know but a group of big investors know and let’s say they sell. That is the signal for people to be like there is something going to happen.

Once the news is broadcasted, it’s probably already been there for a while, so if you are following the news, you will probably be really late. An example: in June 2020 a big company called reliance said we will become debt free. There is a lot of debt, millions of dollars and the market was like damn, and the market gapped up. It was positive news and favored Reliance but now the market knew, analysts started following it. The deal was gonna happen and much later Facebook invested, Google invested. Approx. 20 million dollars were invested. In the annual general meeting Mukesh Ambani (CEO of Reliance) said “we raised so much money and claimed to be debt free, partnered with Google and Facebook, now the common people will think, it is great and they probably buy Reliance on that news, but that is when reliance fell. Because that news was already priced in, When news is out most of the times, The market already knows what’s happening. SO, THE TRUTH IS ONLY VISIBLE IN PRICE CHART. FOLLOW PRICE CHART NOT NEWS.

TECHNICAL IS THE READING OF PRICE MOVEMENT THOUGH THE USE OF CANDLE STICKS AND UNDERSTANDING PATTERNS, TRENDS TO GAUGE DEMAND AND SUPPLY.

In the next part we will be studying the structure of candle chart types of candle charts.​

If you want to learn trading so must read earlier one trading> technical analysis#1 > technical analysis#2

About Firststands

Firststands provides the best business ideas and assists entrepreneurs in launching, managing, and growing their businesses around the world. Our business ideas articles will assist you in growing a more profitable company and regaining control of your life. We're a group of business coaches and advisors who've helped dozens of business owners just like you scale their businesses, double their growth rates, and substantially lessen their company's reliance on you. Above everything else, we treasure our time, independence, and way of life. What good is it to build a successful company if you have to give up your livelihood and the things you care about most in the process? If you're looking for the greatest digital marketing team to help you grow your business, then Whatsapp is the place to be.

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In the first part of technical analysis we did learn when and with how much capital should we start trading? Core differences between investing and trading? Why stock prices move. Heard behavior in the stock market. And now in this part we will learn what a beginner approach toward trading should be. Once done we will learn how to analyze charts as well as technical analysis. So let's get going already.

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In the first part of technical analysis we did learn when and with how much capital should we start trading? Core differences between investing and trading? Why stock prices move. Heard behavior in the stock market. And now in this part we will learn what a beginner approach toward trading should be. Once done we will learn how to analyze charts as well as technical analysis. So let's get going already.

[firstsands]

In the first part of technical analysis we did learn when and with how much capital should we start trading? Core differences between investing and trading? Why stock prices move. Heard behavior in the stock market. And now in this part we will learn what a beginner approach toward trading should be. Once done we will learn how to analyze charts as well as technical analysis. So let's get going already.

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Technical analysis part 2

In the first part of technical analysis we did learn when and with how much capital should we start trading? Core differences between investing and trading? Why stock prices move. Heard behavior in the stock market. And now in this part we will learn what a beginner approach toward trading should be. Once done we will learn how to analyze charts as well as technical analysis. So let's get going already.

OPERATION OF TRADING ACCOUNT

How do we make a system? To make a system, there are 2 things we need, you need a trading account and a D-materialized account (it is the actual version of the actual shares that you own)

DISCRETIONARY VS SYSTEMATIC TRADING

Trading is of 2 types, one is systematic, which we talked about in Technical analysis part 1 - you have set rules and following day in day out - just like business, which we will learn in depth later on. On the other hand Discretionary is when you trade on your feelings, something will go up or down you then enter and exit to make a profit and " YOUR GUT MAY NOT ALWAYS BE RIGHT". There is also a key for this is money management, even if you are wrong most of the time, you can use this technique called money management and still make money.

SYSTEMATIC TRADING

*Quantified rules based on entry and exit. * No emotions. *No need to monitor the market at all. * No need for years of experience to become profitable. * Can be automated

DISCRETIONARY TRADING

* Gut based entry and exit. * Involves human emotions. * Need to monitor the market all the time. * Need years of market experience to become profitable. * Can’t be automated.                        

WHAT IS SYSTEMATIC TRADING ?

To understand this lets use an example of a casino. In this case I'm the owner of the casino, and it is interesting because people are going to gamble at casinos. But how do casinos survive if so many people are getting payouts and making money? It must be a business, right?. How are they making money out of chance? There are several machines, slot machines are running, and the Roulette wheel is there.

How are they making money out of pure chance? What if someone wins a million dollars and they go bankrupt? There must be some logic to it? So, this is a roulette wheel.

Now guess we have 2 colors, let's say I bet on black. But what is the probability of winning? It's 50-50, right. I bet on black but unfortunately, I lost. Now the interesting thing is there is another color here and now just one green color green changes the probability completely. It’s not 50-50 now, it’s now 48.6%. The margin of that 1.4% is the edge of the casino to make money. So, normally when you have a trading system, generally the win ratio of profit is 50 to 55 %, which is fine, the extra 5% is what actually makes you the money. And there is a second dimension to this, one is like the win-loss ratio is slightly higher. The second dimension is when you are making money, forget about this example, you as a reader making money as a profit, that profit should be 100 dollars when you are losing it shouldn’t be less than 50 dollars. If you’ve taken let's say 10 trades, you have a 55% win-loss ratio, you know, 55% of the time you get at least 1 profitable trade. But this time, you lost all 10 out of 10 trades, okay. What do you think it means statistically? I would say now it’s my time to win the next time. If the system says I'll win 55 out of 100 and I lost 10 trades, I still have another 45 trades to win. So you are not measuring trading on a per trade level, you are messing it on a system level.

IS TRADING A BUSINESS OR A GAMBLING?

In India there was a time when cafè coffee day was on a rampage, each day they opened their new shop. How did they know they could do that? Because through 3-4 cafè they realized that using certain variables, they can sell certain items. So, they have a standard procedure to find a location, There should be geography, and they do that analyzes, How to serve, How much is the bill and many things more, and at the end there will be someone saying the revenue received 1 lakh rupees, the expense was 5 lakh, profit is 5 lakh. So this is similar to a trading system which is, you find something that works, then you see, can this work on a long term scale at the macro level. Start with a small capital, prove it works with the system, then scale it very slowly just like a business.

We will take a bunch of rules, when this happens I’ll buy this, based on math, we will learn this in technical analysis so that we can define scenarios based on price, and we can say this happens, then I will buy or sell this and you apply this rule to say 10 years in past. This is called backtesting, and it is a repeatable process because you can do it in the future. I will make some changes in my system and I can backtest, again and again, there are experiments. You keep running backtest you will have to backtest stats, which will find how many of your trades were profitable & non-profitable out of 100. So you have an expectation from the backtest, what can I expect when I trade this system. Here is this one example of Backtesting over 10 years.

In the coming parts we will learn how to make our own backstats strategies and technical analysis.

About Firststands

Firststands gives the best business ideas and helps founders to launch, manage and grow their business across the globe. Our business ideas blogs will help you build a more profitable business and take back control of your life. We are business coaching and advising the community that helped many business owners like you across dozens of industries to rapidly scale your business, double your growth rate, and drastically reduce your company’s reliance on you. we value time, freedom, and lifestyle above all else. What's the point of growing a successful company if you sacrifice your living and the things you care about the most in the process. If you need the best digital marketing team who can drive great revenue in your business so Whatsapp us on [phone]. 

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Technical analysis: learn to invest your money at the right place