A niche affiliate site often presents like an eCommerce store. To get started with an affiliate site, choose your niche then display products with pictures, descriptions, and prices, just as you would on an online store. However, when visitors click the ‘buy’ button, they will be taken directly to Amazon, to make the purchase. You then make an affiliate fee for sending the traffic to Amazon but have none of the packaging hassle, or initial financial output creating or buying the products.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
Did you know that you can make money promoting Apple iTunes? iTunes has an affiliate program that is free to join. With this, you can promote all their products and get a commission in return. This course will show you the exact details of this path. The iTunes affiliate program has different levels that you have to consider when joining. This course will show you what you need to do in order to qualify for each level.
Running and charging for webinars can be a great way to build a following in your niche, demonstrate that you are an expert in your field, and make a profit. Hosting a webinar can be hard work. They need to first be promoted, provide original and valuable information, and include interactive elements so your audience can ask questions and engage with your topic. However, once you have built up a large blog following, each webinar can be extremely profitable.
George Brown, the creator of Google Sniper 3.0, created this e-course that shows you how to build very profitable websites in a short time, even if you’ve never done it before. With video and written lessons, he shows you exactly how he made more than a million dollars through internet marketing. The latest version, 3.0, has all the newest affiliate marketing techniques and tips, along with Google’s algorithm updates.
Once you sign up to become a vendor with ClickBank, you’ll immediately get assistance from ClickBank to help you master your first steps toward generating an additional income stream. ClickBank vendors’ success all boils down to following a simple business model that has the power to transform your knowledge into a profitable business. They’ll make sure you know what’s needed from you to get your product listed as fast as possible.

With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you.
It sounds like you have a pretty good plan there. Actually, when I started writing this post, I was going to just highlight how crappy Clickbank products are, but after looking through them, I realized that some are actually OK. Some people have great products and just use Clickbank as ONE of their affiliate vendors – stuff like Affilorama or Niche Flipper – even stuff I promote!
Hello everyone. I'm fairly new to this game we all play here, but I've come to share my story. I set out to start a site and profit, without spending a dime and with minimal effort, considering I've got a normal 9-5 job as well. I chose Weebly because I have limited amounts of web design knowledge and their building is actually quite fun to use. I used a their free .Weebly.com domain and I rely on purely free ways of promotion. The site itself is just a homepage and a few different categories of blogs. Tech, How To's and other stuff. Being my first site, everything I do comes with time and effort but I love it and it's working slightly.
I’m just starting at Clickbank, so I’m a total newbie, but if I want to follow this strategy can I do it promoting just one product, for example, Category>Health & Fitness —> X product. Then, should i start a blog or something like that where i can talk about things related to the product subject? if so, do i have to start making entries about this recurrently? or I can opt for just making an article with a free ebook in exchange to user’s e-mails and follow the process?
Many new users prefer to start off with the 100% Free Offers, which is what we usually recommend. These offers are great for beginners because nothing is required other than several minutes of your time. The payouts on these offers are lower, but you’re not paying a dime to complete them and they’ll get you use to the CashCrate system. After you’ve started making money online with our free offers, you can always move on to trial offers and increase your earnings.
Many so-called IM experts really don’t have a clue what they’re doing—and to cut through all the misleading information, I’ve assembled an easy to use membership site that will tell you what you need to know in order to make an online income. With your $9.97 membership fee, you’ll get instant access to a full library of over 2500 training videos on affiliate marketing and many other internet marketing topics.
It sounds like you have a pretty good plan there. Actually, when I started writing this post, I was going to just highlight how crappy Clickbank products are, but after looking through them, I realized that some are actually OK. Some people have great products and just use Clickbank as ONE of their affiliate vendors – stuff like Affilorama or Niche Flipper – even stuff I promote!
VIPKID provides an international learning experience to children in China between the ages 4-12. Headquartered in Beijing, the company offers fully immersive one-on-one English language instruction provided online by highly qualified teachers. The curriculum is based on the U.S. Common Core State Standards and uses a flipped-classroom approach to foster creativity and critical thinking skills.
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There are a lot of people bewailing the idea that this or that affiliate plan doesn't work. Clickbank does not work, CPA doesn't work, Commission Junction does not work, Amazon does not work, and so forth. I know this sort of frustration, as just about everybody who comes online seeking ways to bring in money will run into a learning curve. You will attempt this and that, all the same come away with empty pockets and broken hopes. As a matter of fact, I bet there isn't an individual who's gone the affiliate marketing path that hasn't bore failures. One thing you have to comprehend is that everyone experiences this at one point or another. Get all the info you need here
What I really like is how the author basically practices what he preaches with this book. Everything he is teaching he is doing. Building the list and promoting his product. I am surely going to use quite a few of the tips he suggests. I know there is money to be made with Clickbank and I'm determine Ned to make it happen. This book has given me some great ideas to do so.
A squeeze page is a special kind of landing page that is created solely to act as an opt in for information – primarily email addresses – from potential subscribers. When people visit my blog, I want them to subscribe to my email list. However, because there is so much to see and read, the number of sign ups isn’t as high as it could be. By creating a separate squeeze page, the email sign up rate can skyrocket. While I can capture maybe 5% of people visiting my blog, I have seen squeeze pages with conversion rate has high as 60%!

Daily Surveys can be taken one or more times per day. This is indicated in the survey description. Other targeted surveys can be taken as you see them. Be sure to complete these when you see them. Some surveys may accept a limited number of responses from people matching your demographics, and can sometimes disappear quickly. New surveys come out all the time too!
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
Writing copy for websites is another great freelancing option for those who have a way with words. Copywriting can involve writing the text for websites, press releases, promotional offline materials including leaflets and brochures, and any other professional text for businesses. While writing blog posts is well paid it won’t make you as much money as writing copy for sales pages. However, clients can be more fussy, as they want the highest quality writing for the forefront of their website or advertising campaigns. Many freelance writers offer both copywriting and blog writing amongst their services. This can be a good way to juggle regular but lower paid clients (blogging) with the higher paid but ad-hoc project based copy work.
Webinars On Air is a powerful webinar tool that will enable you to create professional webinars for your viewers. Harnessing the power of Google Hangouts, this all in one solution will take care of all the technical aspects of hosting a webinar, including payments. Also have a look at our guide to the best webinar software, both free and paid options.
There are a lot of people bewailing the idea that this or that affiliate plan doesn't work. Clickbank does not work, CPA doesn't work, Commission Junction does not work, Amazon does not work, and so forth. I know this sort of frustration, as just about everybody who comes online seeking ways to bring in money will run into a learning curve. You will attempt this and that, all the same come away with empty pockets and broken hopes. As a matter of fact, I bet there isn't an individual who's gone the affiliate marketing path that hasn't bore failures. One thing you have to comprehend is that everyone experiences this at one point or another. Get all the info you need here
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.

Many big businesses are looking for social media influencers to become long-term ambassadors for their brand. This would involve you working closely with one particular band, and promoting their clothes, products, and services. You may also be restricted from promoting other brands, so check out the small print before agreeing to any long-term agreements.
With your membership in Patrick Chan’s CB Passive Income, you’ll have instant access to pretty much everything you’ll need to start an online business. You have the option to pay a one-time fee of $97, or you can pay a monthly subscription of $37. While CB Passive Income may seem complex, it’s really not—all you have to do is to give your subscribers a quality report, free of charge. After you give away the report, Patrick and his associates will take care of everything else.
Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
Creating space for banner ads on your website is another way to generate a revenue from adverts. However, for this type of advertising, you will need to contact businesses directly and ask them if they would like to advertise on your website. The upside is that you can charge a set amount, or even a recurring monthly fee, to business to promote their services on your site. Using a WordPress plugin like AdSanity is an effective way to manage this type of advertising.
I paid Carlos $10,000 to coach me 1-on-1, but not everyone can afford that kind of an investment and it won’t be ideal for beginner because you’re already expected to know the basics. This is why I recommend John’s course at least it’ll be more affordable and it should still give you all the training you need to make money with affiliate marketing.
Lead capturing is the most important part of affiliate marketing. Your business is built around your list. Anything you can do to increase its size means more money for you. During the Affiliate Marketing 101 contest, Jonathan offered a 27″ iMac to anyone who can take over my 1st place spot in seven days. Nobody was able to beat me but you can bet a lot of people tried and Jonathan’s list benefited as a result.
Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
Now you’ve got many different options to start earning online. If you saw something that really interests you, try it out and learn more about it. If you’re really wanting to make a full-time income online, you need to be dedicated to learning how to do what you want to do. There are tons of free resources out there. You just have to search for them!
The ClickBank Toolkit: Inside, you’ll find all the tech providers, essential services and special deals you need to get up and running simple, quick and easy – all with “how-to” pdfs, checklists, videos and starter guides. You’ll save huge amounts of time and money learning all the shortcuts and tricks to getting things done effectively (and often for free.)
There are quite literally hundreds of clever ways to make money online. From taking online surveys, to renting or selling your old clothes, flipping your iPhone to someone in a different country, and even buying low-cost products locally, just to resell them for a higher price on Amazon. There’s truly no shortage of unique ways to make money online.
I started promoting these products in 2010/2011 when I was still a newbie. I don't work on these sites any more, but they are still making me money two 4 years later. I learned a lot since then, and I definitely would NOT choose the same products again! But I do absolutely zero work on these websites except to update them, which means I make about $1200 per hour promoting Clickbank products!
Wealthy Affiliate University is one of the most popular and successful online affiliate marketing courses we have come across. With a wealth of exciting and innovative features, tools and instructional materials, Wealth Affiliate University offers anyone – regardless of whether they have prior experience of marketing online or not – the opportunity to make serious cash by developing a great online business. Wealthy Affiliate...
Now that you know my situation, I need to ask.. Wtf am I doing wrong? I've got the traffic. 85% is from the US my bounce rate has been under 1% for two weeks. I've got social media presence and likes. Very easy to find on google because of my linux post.. I cannot tell you what writing that did for my traffic, but there isn't anymore money coming in. I understand that the popularity of my best post did wonders as far as SEO, but shouldn't that come with at least a littler more money or clicks or anything?? I just don't get it!
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.

Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends and Google’s Keyword Planner to look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.

I was just reading your article and it seems like all of these experts are pointing primarily towards this one course – Wealthy Affiliate. Do you have anymore information about this course? What is it exactly and how does it work? Furthermore, I actually have a bit of experience myself with Affiliorama and I find that it’s so tough because of all the information. I get so overwhelmed. Is Wealthy Affiliate better in terms of this?
Some of these landing pages will have a video. This is a called a VSL (Video Sales Letter). Some of these videos or landing pages seem a bit salesy or tacky I know, but believe me these guys have tested the landing page & videos that convert the best like crazy especially if the offer has high gravity score, that means many people are promoting it & its converting.
this was one of the best reviews i’ve come across when it comes to affiliate marketing training programs. as you said there are so many different ones out there at the moment that it becomes hard to decide which ones are most effective and which ones to avoid. this article gave me everything i needed to know and more so that i can buy the programs that will help me the most in the future

While a squeeze page maybe the best way to get someone to give you his email address, you still need a system to handle and host the list. My recommended email service is Aweber. I’ve been using them for years and they are by far the best in the business. Aweber works seamlessly with Squeeze Theme and its web interface allows you to access it from any computer, anywhere in the world.
If you are a professional photographer or have a real flair for photography, then selling your images on other sites could be an idea. This could be done alongside your own photography site, as it is a good way to help get your work viewed by a wider audience. There are numerous stock image websites to contribute to, but choosing a popular high-end site like Shutterstock should ensure your photographs make you some money.
With apps being constantly developed, competent app developers are in high demand. Again, if you have the experience or skills to create successful apps then this could be something you could end up working on as a full-time freelancer. Check out adverts for developers on Toptal, a higher paying jobs site for experienced freelancers wanting to make money online.
As you start regularly putting out content, you’ll hopefully start to build a bit of an audience. But to start seeing real money from YouTube you need to market your videos elsewhere. Share your channel on Twitter and Facebook. Distribute videos anywhere else you can think of. Also, interact with comments and build a community around the videos you’re making so people will share it with their friends.

Now I know that not everyone knows affiliate marketing when they first heard it. They need to understand what it is and how it functions. For this, a beginner course is needed and this is exactly it. This is the full tutorial of affiliate marketing for beginners. It will take you through the process of affiliate marketing and how it can change your life once you learn it. In here, you’ll learn about niches, keywords and creating affiliate websites. You’ll also learn the processes on how to promote your website for maximum ROI. In this course, no skill is needed. All you need is an open mind.


Cost Per Acquisition is one of the ways in which we will all hear more campaigns being defined in the future. While it is just another word for whatever we have been talking about so far, this short series on CPA Affiliate Marketing will introduce you to the concepts of CPA and initiate you into learning more about this type of measurement. More details are available here.
Creating a video series and selling it as a digital download on your blog, much like an eBook, can be another great seller. A video course, teaching viewers a specific skill or how to achieve a particular activity, may well resonate with your audience. If you are going to go down this route then your videos need to be as professional as possible so you should consider investing in some video and lighting equipment, as well as editing software.
First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
If you’re really looking to start making money online and prefer following a step-by-step training program, then Lynn Terry’s Niche Success Blueprint is the perfect “successful online business” training course for you. Lynn focuses on teaching you all of her successful methods, strategies and ideas to help you start out and launch a highly profitable, work as you go FUN online business that actually makes you money. She is an honest mentor from who you can learn a lot. Like I always say, the most successful marketers are the ones that take action, and by investing in such a value packed course, I believe you’d be one of them.
Thanks for the informative post. I certainly agree that there are many poor quality products on Clickbank but there is certainly an opportunity to make money through Clickbank. The trick as you point out is to sort the good from the bad. Personally I will not even consider a product with a gravity lower than 10 but prefer a gravity above 50. Like everything we do it is about doing good research first.
Very high commissions: Most ClickBank products pay 70%+ commission. You read that right. So in that case, if you sell a $100 product, you earn $70. You might think that’s way too high to be real, but it is. They’re mainly able to do that because most of their products are digital, which means there are no “production” costs, “shipping” costs or any other costs that are usually associated with physical products, hence the high commissions.
Really good article with some great tips. Affiliate marketing has the potential to earn lots of money and I'm hoping I can make it happen. I have tried the matched betting and it DEFINITELY works. The one thing I would say is that you need to check that any bets have been accepted by the bookmaker. I have had on occasion bets which look like they have been accepted but don't register in my account. Always go into your account and check outstanding bets or your bet history.
Over the last 20 years, I have seen lots of training courses. I agree with most of your experts. Site Build It was the first good training course I took shortly after Ken Envoy launched it. I have gone the Affiliorama route and thought it was a good program for beginners. At the time I took the course, there weren’t many options for niches. I have heard good things about Chris Farrell’s program but personally have not taken it. Wealthy Affiliate is by far the best program. Members learn to build an online business regardless of the niche(s) they select. Wealthy Affiliate also has a very strong support system in place. The active community of members means people can get their questions answered quickly.
#2: Another great program is Jon Dykstra's Niche Tycoon. This focuses on paid traffic and outsourcing content to make money with Google Adsense (and similar programs). It requires a bit more of a budget, and also has less of a support community than Wealthy Affiliate, so it's best for people with a bit of online marketing experience and some money to get their business going.
ClickBank is one of the most recognizable affiliate platforms in the world and for good reason. It started in a San Diego garage in 1998 and has since grown into a 3 billion dollar+ ecommerce giant. ClickBank has perfected the digital marketing space by creating a vast marketplace for both product creators and affiliates (sellers of those products) to make income together without burdensome paperwork or complex legal agreements. In fact, from just the front page of the marketplace, ClickBank’s clients will earn close to one hundred million dollars this year in 2018.
In 2017, there were almost 90 million pet dogs in the US. Which has opened up a huge opportunity to make money online as a dog watcher or sitter. Specialized sites like Rover or Care.com connect pet owners with pet walkers, sitters, and boarding houses to help look after their best friends when they’re at work or on a trip. If you’re an animal lover, you can make extra money and get to spend some quality time with a furry friend.

Excellent overview of clickbank and wealthy affiliate on your site. I definitely think that before anyone jumps into click bank, they should get the tools they need to develop a website and learn how affiliate marketing works. W.A. offers absolutely everything you need to get up and going, and allows you to develop 2 websites for free. It is a no brainer for anyone who is just getting started with online business. Clickbank is one of my go to affiliate programs, the commissions are great and its very user friendly. Great post!


The hype comes from the hundreds, if not thousands of “gurus” out there that show off their ClickBank earnings and promise to show you how to do the same thing. They make it sound so easy, they even might say things like they’ve found a secret loophole, or they have perfected a method that increases earnings automatically. The numbers they show will make most people’s head’s spin with thoughts of earning $10,000 or more per month with little effort.
Thanks to the internet there’s now a wide assortment of ways to make money online. So if you are stuck in a dead-end job and would like to change your life around then this guide will provide actionable strategies to enable you to do so. Whether you are looking for ways to make a bit of extra money, a part-time job or want to create a full-time income stream, there are plenty of opportunities to do so, all online and from the comfort of your own home.

Then once you’ve got your domain name and hosting sorted out, it’s time to pick a CMS, or Content Management System, that will let you update pages, build your blog and integrate with all the other services you need. It’s hard to go wrong with WordPress—the CMS powering close to a quarter of the internet. Keep in mind that eventually as you start growing traffic to your blog, you'll be wise to invest in a managed WordPress hosting plan from a company with great service like Kinsta, where all of the settings are custom-tailored and optimized to work particularly well with WordPress-powered websites.
I have looked over very many IM courses some are really pricey but if you want to get a lot of info for free before you think about buying something I would try Mark Ling. You can sign up for the free member stuff which gives you access to a ton of videos and written articles that tell you a lot about IM. Once you check out all the free stuff which could take a month there is that much stuff it would give you a better Idea of what type of IM stuff you want to do. There are a lot of ways to make money on line and a lot of people to e-mail marketing but you have to start a list of people who you have gotten to sign up for something you are offering and often that can be a feat in itself.
I’ve said many times before that the money is in the list but it bears repeating. The money really is in the list. Look at all the really big affiliate marketers. Guys like Frank Kern, John Reese, Shoemoney, etc. They all have huge mailing lists. And because they have huge lists, they don’t have to spend hundreds of thousands per month on advertising. John Reese refers to his list as his ATM. He just goes to it whenever he needs to make a withdraw.

Then you need to use all available resources to drive traffic to the mini-guide. For people to have access to the guide, they must provide their e-mail address. The selling point for e-book   history of ham comes at the end of the mini-guide. If your mini-guide has successfully awakened the interest of people, you’ll have a good number of purchases. You also have your emails, and can be used to alert customers of other offers.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required. 
Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant products.
If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.
Equally, you can charge businesses to ‘claim’ their listing, a method used by many large directory sites like Google Business and Yelp. This involves companies paying to upgrade their listing and adding information such as their web address, social media links, images, and more. Other revenue streams include charging for ad space, adding affiliate links and even charging for services and products on your directory site.
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I've personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can't afford or that you're not yet ready to implement.
I, too, have always looked at ClickBank as a secondary and even tertiary monetization source. But it can be a great sources of revenue. I linked one of my articles to a related product on CB, and without really doing promotion or anything unusual, I get a few sales a week. Mind you, the keyword(s) for the post aren’t that huge either. So, even though the traffic not huge on that post, it still manages to get some sales.
But there are two huge advantages to using Clickbank. First of all, commissions for affiliates selling your product are automatically calculated and credited to them, and secondly your product will appear in their market place. Internet marketers from all over the world will see it and may well offer it. To use a personal example my Twitter book was picked up in the market place by quite a few people and sold in good numbers. These were people I don’t know and have never met, but they were out there earning me money!
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
Creating and selling courses on your blog can be a successful way to make money online. The course itself should be relevant to your blog, and based on a topic that will benefit your audience. Although it may take time to create the course in the first instance, once completed, you can then repeatedly make money from the course each time you sell it.
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reason two as you probably know there is a lot of predatory marketing that goes on in forex and a ton of crap out there. I myself have spent countless amounts of money and in times past have done huge damage to my accounts using junk robots and junk systems. I am self taught in trading but it took far longer than it had to. I would love to be a voice of reason within this market and help people hold onto there money, make wise decisions, and ultimately become apart of that top echelon of successful retail forex traders. 
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