When we mention wholesale markets, many would consider China, the world’s largest giant occupying this market. Alibaba was in the past the only master occupying the entire wholesale industry in China, but in this decade more and more Internet wholesale trading place are showing up to grab the market share. In all online wholesale marketplaces, the development of DHgate is the most visible based on the volumes of registered members, item variety, volume of transactions, services, purchase experience, etc. A closerlook into these online trading models reveals that the unique business model is the major contributor to the development of .
Unlike Alibaba and other wholesale marketplaces, DHgate.com does not charge membership fees by providing information service. Instead, it earns profits by charging a certain percentage of commission for every completed transaction. Zero membership fees mode has won many small and medium-sized enterperprises from China to try this marketplace. With the zero cost for membership, sellers can afford to provide the most competitive prices on their commodities. That’s the reason why buyers can commonly get extremely low prices on lots of commodities on the website, as we can see in the pool of DHgate reviews.

I was worried that free membership fees might lead to the spreading of DHgate scams since I thought free membership means completely “free” access to the site. But later I learnt that I was wrong. Before becoming a formal member of the online wholesale marketplace, each seller is seriously censored by the staff from the website, with the certification authorized by an authoritative third party association. Surely, as it may occur in all other online trading marketplaces like Alibaba and eBay, some scammers may slip into DHgate.com with a highly disguised identity. So beware when you trade with the sellers on the website. Nevertheless, the composite set of functions including Escrow payment method, trust point system and feedback system the site provides greatly reduce your risks to the least. When you decide to buy a particular item, remember to take a look at the seller’s feedback profile which clearly shows the credibility of the supplier. From the seller’s feedback messages, you can not only see the seller’s feedback score and positive feedback percentage, but also the specific ratings on past transactions like item as described, shipping time, communication, etc. These further ratings are great markers to assess a seller as the feedback system of the site is already quite complete and strictly implemented.

Another big difference differentiating DHgate from Alibaba lies in the process transaction service it offers. As mentioned before, Alibaba works on an information-oriented service without invloving in the transaction progress between the seller and the buyer. But DHgate serves as a mediating stop by penetrating into the entire transaction process. From when the buyer places the order, through when the buyer makes the payment, to when the buyer receives the commodities and claims the delivery, to finally DHgate.com releases the payment, the website involving in every period of the entire process. This also, greatly reduces the chances of fraud events. From the sea of DHgate reviews on the Internet, I concluded that most events in relation with “DHgate fraud” were caused simply due to misunderstanding or failure to use the help service DHgate.com provides. For instance, a buyer blames that DHgate.com is a scammer as he missed the deadline to open a dispute after he the number of his received goods was not correct. As a result, his money was released by DHgate as he did not open any dispute in due time. First, this buyer mistook DHgate as a supplier. In reality, DHgate is just a transaction stop dedicated to offering transaction services between the two trading ends. Second, when problems occur, the urgent move is to get help from their customer service department as soon as possible. Otherwise, as buyers need to open a dispute within the time limit, according to DHgate’s rules, if the buyer does not open any dispute and the supplier applies for the payment release with required data, the B2B marketplace will release the money to the supplier.

You have decided to be a trader in the forex market, and you have no idea on how to begin. Let’s first start by defining what the forex market is and what it does.

The term “forex”, also known as the foreign exchange is a market for the sale and purchase of all kinds of currencies. It originated in the early 1970’s when floating currencies and free exchange rates were first introduced. At this time, the forex market traders were the ones who set the value of one type of currency against another. Nowadays, the market forces determine the value of a currency against another.

One unique aspect of the Forex market is that very little trading qualifications are required of anyone intending to trade therein. Independence from external control ensures that only the market forces influence the currency prices. As the largest financial market, with trades reaching up to 1.5 trillion U.S. dollars, or USD, the money moves so fast, its impossible for a single investor to substantially affect the price of any major foreign currency. In addition, unlike any stock that is rarely traded, forex traders are able to open and close any positions within seconds, because there are always a number of willing buyers and sellers.

1. The first thing you need to do is open a forex account. You will have to fill an application form which includes a margin agreement stating if the broker will be allowed to intervene with any trade when it appears too risky. Since most trades are done using the broker’s money, it is only logical that he protect his interests. However, once you have established an account, you can fund it and begin trading in the forex market.

2. Adopt a trading strategy, that has proven to be successful for you. Remember that strategies will work differently for different traders, so don’t try to adopt a strategy that works well for another trader. It might backfire on you. The two available approaches are either technical analysis or fundamental analysis. A combination of the two is a more preferred choice for experienced traders.

3.Understand that prices move by trends. Forex has a popular saying, The trend is your friend. There are certain movements that have been studied over many years in order to identify a pattern in the trend. These trends need to be understood in order to understand a good trading strategy.

For small accounts that are $25,000 and under, trading with a trend may help improving your odds when compared to bi-directional trading. Most newbies will look to trade in any direction, when they should be trading with a trend.

4. Ensure you know which are the top five currencies pairs in the foreign exchange. These are USD/Yen, Swiss franc/USD, Euro/Yen, Euro/USD and Pound/USD.

5. For newbies, it is advisable to maintain two accounts to ensure you learn to play the trading game. Keep one real account, one that you will actually use to trade real money; and the second account should be a demo, one that you can use to test alternative moves in the trading game. You can easily use your demo account to shadow the trades in your real account so you can widen your stops to see if you are being too conservative or not.

6. Always examine the one hour, four hour and daily charts that concern your trades. Although you can trade at 15 and 30 minute time intervals, doing so requires a handful of dexterity.

Trading on Over/Under Goals markets in betting exchanges can be very profitable if you apply this strategy well. The most popular market is 2.5 Goals. For this type of trading to work well you need to find a match between two low scoring teams. Appropriate teams will be with strong defence and relatively weak offence. Nice scenario for a match would be that one of these teams scores a goal in first 15 minutes and second goal is scored at least 10 minutes later after the first goal or isn’t scored at all.

Bet placement can be divided in two parts:

1. Choose a match. Wait for a goal in first 15 minutes. When goal is scored odds for Under 2.5 goals will jump up. Back it. Don’t trade if a goal is scored after first 15 minutes. Odds will rise by smaller amount and in a long term this strategy will not be profitable. 2. Wait for 5-10 minutes. Price will go down and now Lay in the same market. Use lower sum than when you Backed first to get profit on both results (over and under).

Most unsuccessful case would be that second goal is scored straightly after the first one. To avoid situations like this you need to avoid betting in active soccer matches. Also check statistics and previous meetings between chosen teams. Watch and analyze matches closely! If still you are stuck with your Back bet in match where first two goals were scored one after another, you have two options:

1. Trade out and take a loss. 2. If the match looks inactive and first goals looked like simply luck then you can wait for later minutes of soccer match and trade out with little loss or even some profit.

Summarizing all this you need to trade on low scoring teams, analyze them carefully and enter market only if a goal is scored in first 15 minutes.

Want to learn more? Read fullSoccer Over Under trading guide