Freebie Trading Hype-Don’t fall for it!

This post is mostly for new traders getting into the freebie trading world, last month I read a post on one of the forums where this new trader pretty much got caught up on what i call the freebie trading hype and to summarize instead of making money as a freebie trader they lost money. And because of this I decided to let new traders in on a couple things they should look out for so they don’t become a victim of the HYPE!!

1. Title of threads on the forums- When you first go into any forum the first thing you will see is a bunch of threads from different traders showing you what they offer if you decide to trade with them. (Picture shown below is just for an example so you can see what I’m talking about, traders name except mines where erased for their privacy)

HYPE New Traders Fall For:

a) Threads that promise you that you will make thousands a month- As a new trader, just starting out, honestly, is not going to happen in your 1st, 2nd or 3rd month. You can make money freebie trading but starting off you should set your goals a lil’ bit lower until until you get comfortable and learn everything about freebie trading.

b) Threads that promise you hundreds your first day- If you’re good enough and get a hold of everything on your 1st day, Yes! you might be able to earn $100+ in your first day, but as a new trader you should also know that you may not catch on as quick, and you may run into difficulties like for example, offers not crediting(mostly because you didn’t clear your cookies), site asking you for your ID, so they can verify that the information you provided is legit, this are bumps in the road that happen and are part of the whole freebie trading business. And because of this things that can come up you may not earn $100+ in your first day.

2. Trade Rating or TR- TR is just feedback received from trades completed. Using my TR for the example, I have 80 Positive trades on this forum, No Neutrals or Negative trades. High TR is good don’t get me wrong but new traders are not researching the TR, you look at the 80Tr and assume he/she must be a good trader. Wrong!!

a) Research the TR- actually go through the comments and look if they have any neutral or negative comments, because the number you are looking at, it only shows you the positive feedback not the neutrals or negative ones. Once you go through the feedback then base your decision if you will trade with that trader or not. Always do your RESEARCH!

3. PPD Mentor or Project Pay Day mentor- First of all I’m a “PPD Mentor” but you won’t see it on my threads and I don’t promote myself as a PPD mentor. I’m including it as one of the HYPES new traders fall into because is just an overused title on the freebie trading industry. What is a PPD mentor? All a PPD mentor is a person like you or myself that used project pay day to learn about freebie trading, earned 10-15 tr trading and got the title of a PPD Mentor, and they use the title so new traders think they know everything about freebie trading. I’m not saying all PPD mentors are bad, there are good ones that actually know what they’re teaching you but there are others that might not know as much and just got the title to get a few trades here and there. Again, ALWAYS do your RESEARCH!

4. 100% Pay Outs!- This is when I trader offers you 100% of the payout he/she will get so you go green for them. For example, I will pay you $40 if you go green on KoolFreebies.com and it looks like I’m giving you all the money and I’m not making any profits, right? Wrong! But this is actually good for new traders, because you’re getting paid 100% after all, but you should know why you getting 100% payments.

a) Referral Races- The trader might be on a referral race and for him/her to get enough referrals to win the race and prizes they pay you 100%.

b) Bonuses- Freebie sites have promotions where they give out 10%, 15%, or 20% bonuses for each referral that the trader refers to that specific site.

100% payouts are great for new traders, but don’t feel bad for the trader because they are still making a profit.

5. Forum Tags- Tags are the little things you will see under a traders name.(For example, using my tags on the 1st picture) The 1st pink tag means that I’m a site rep, 2nd one is just a premium member tag because I pay every 6 months to be a premium member.

On the 2nd picture (below) I have 4 tags on that forum. 1st tag is just a custom made tag I made for myself and it was added to my profile, 2nd one is because I own a freebie site, 3rd is a World Class trader tag, this tag is given to traders that have so much TR on that or other forums, 4th tag is a moderator tag because I’m a mod at that forum.

The HYPE? Some of this tags you will see in the forums don’t really mean anything, you may see a trader with only 1 tag and another trader with 5-6 tags and just because a trader has more tags than the other one doesn’t mean they’re any better than the 1 tag trader. What I’m trying to say is that you should never make your decision on who you’re going to trade with base on how many pretty tags they have.

New Traders should be looking for:

1) High Payouts- Never settle for less, you are the trader and they need you for the trades, so why shouldn’t you get paid the most you can get?

2) Trade Rating- Once you find the payout you want, research the TR and decide if this is a trader that you want to trade with.( Not all traders with High TR will pay you the most, so do your research)

3) Support- Find a trader that will answer any of your questions, not just a trader that will pressure you to go green on their sites, you want to learn and get paid as you go.

4) Have Fun- You have to have fun with it, don’t take it so seriously! If you do it will only stress you out.

So there you have it 5 HYPES New traders, noobs, rookies should not fall for, falling into hypes may result in you not been successful as a freebie trader. Freebie Trading takes time and patience and if you always do your research you will avoid falling and trading with the wrong person that is looking out for themselves and not you as a new trader. Any questions or concerns feel free to comment or send me an email. Thanks

ALWAYS DO YOUR RESEARCH

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