Thursday, February 26, 2009

What is Freebie Trading

Posted on/at 11:26 AM by Wanto

By Marvin Warren

Before we begin, I know that the readers of this article fall into two distinct categories. Those that have heard and read about Freebie trading, and those that know nothing of it at all. For the purposes of this article, I am going to assume that you are of the latter group.

For those of you who have heard of it, then I hope you will continue reading, especially if you are on the brink of the decision to pursue this business or not. Hopefully some of the information found within will help you make a more informed decision. Now that we have that out of the way, lets learn about what Freebie Trading can do for you.

Freebie Trading is an online business that involves a legitimate amount of work and effort to succeed in. The great thing about it though is that when you do succeed it is very rewarding and fun. Let us begin by getting rid of some of the bad rumors about online businesses and explain why Freebie Trading is different.

It is very important to have a level head in this business, and we should start that out by saying you will NOT get rich. This is not a pyramid scheme and you don't have to recruit people to enhance your downline in order to achieve unlimited income. Most online scams have the promise of fast and unlimited wealth with no effort in common, and Freebie Trading does not promise that at all.

What Freebie Trading does promise is that working part time can earn you an extra $500-$1000 if you work your hardest and don't give up. Some of the best full time traders in this industry even make an excess of $3000 a month but you can be sure that they work their tales off every month as well.

To some people, that might seem like a pretty good amount of money while to others it doesn't seem like a lot. Just remember, in the state of our current economy, any amount helps. And don't forget about having fun while doing your work because Freebie Trading is definitely fun when you get the hang of it.

Let me explain the concept of Freebie Trading to you now. Most of us have seen those sites on the internet, usually a popup of some sort that offers a free iPod or X-Box 360 by filling out forms and referring people to those sites. These websites are called Incentivized Freebie Websites(IFW).

Most people close those windows as soon as they popup, but one person had a different idea. If you choose to go to these sites and complete the offers listed on the pages, you have gone Green for that website(industry term). By going Green you have completed enough offers for the IFW to make enough money to send you a prize and make a profit for themselves as well.

Other types of IFW's require that you also refer a certain amount of people to go Green on their sites as well. Lets say that for each person you send and goes Green, the IFW will send you $60 in cash, usually through Paypal. But remember that one guy? He had the great idea of taking half of his earnings and paying people to sign up for offers. So he would give $30 to each of his referrals and keep the other $30. This grew to what you see as the Freebie Trading industry of today.

I know the story above might have been a little confusing so let me try to put it in more simple terms. Imagine that there is an IFW called FreeStuff. If you go Green and then refer someone else that goes Green on the same site, they will send you a check for $60 which you then turn around and give your referral $30 of that amound. Everyone has made money and is happy in the end.

Just to let you know a few more terms of the industry, the person who got the $60 from the IFW is doing what is called Method Two and the person who got the $30 is doing what is called Method One. If you decide to participate in this business then these two methods will be further explained to you later on.

There are some things that you must have in order to participate in Freebie Trading. The biggest thing you need is an active and valid credit card to sign up for the free trials. Fraud is usually not an issue because you don't give your card number to anyone except the businesses. Many of the companies you have already heard of such as Video Professor and Posters.com.

But one of the good things about Freebie Trading is that it has little to no startup costs. You might pay $3 or $4 for a trial, but you get that money back and then some when the trade is completed.

I hope that I have gotten rid of some of the rumors about Freebie Trading and gave you some good information. Remember that this is NOT a get rich quick scheme but is a real business with real people that make a good income every day. Give it a try, if you don't like it then you haven't lost anything.

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