Sunday, October 28, 2007 

Forex Options Market Overview

The forex options market started as an over-the-counter (OTC) financial vehicle for large banks, financial institutions and large international corporations to hedge against foreign currency exposure. Like the forex spot market, the forex options market is considered an "interbank" market. However, with the plethora of real-time financial data and forex option trading software available to most investors through the internet, today's forex option market now includes an increasingly large number of individuals and corporations who are speculating and/or hedging foreign currency exposure via telephone or online forex trading platforms.

Forex option trading has emerged as an alternative investment vehicle for many traders and investors. As an investment tool, forex option trading provides both large and small investors with greater flexibility when determining the appropriate forex trading and hedging strategies to implement.

Most forex options trading is conducted via telephone as there are only a few forex brokers offering online forex option trading platforms.

Forex Option Defined - A forex option is a financial currency contract giving the forex option buyer the right, but not the obligation, to purchase or sell a specific forex spot contract (the underlying) at a specific price (the strike price) on or before a specific date (the expiration date). The amount the forex option buyer pays to the forex option seller for the forex option contract rights is called the forex option "premium."

The Forex Option Buyer - The buyer, or holder, of a foreign currency option has the choice to either sell the foreign currency option contract prior to expiration, or he or she can choose to hold the foreign currency options contract until expiration and exercise his or her right to take a position in the underlying spot foreign currency. The act of exercising the foreign currency option and taking the subsequent underlying position in the foreign currency spot market is known as "assignment" or being "assigned" a spot position.

The only initial financial obligation of the foreign currency option buyer is to pay the premium to the seller up front when the foreign currency option is initially purchased. Once the premium is paid, the foreign currency option holder has no other financial obligation (no margin is required) until the foreign currency option is either offset or expires.

On the expiration date, the call buyer can exercise his or her right to buy the underlying foreign currency spot position at the foreign currency option's strike price, and a put holder can exercise his or her right to sell the underlying foreign currency spot position at the foreign currency option's strike price. Most foreign currency options are not exercised by the buyer, but instead are offset in the market before expiration.

Foreign currency options expires worthless if, at the time the foreign currency option expires, the strike price is "out-of-the-money." In simplest terms, a foreign currency option is "out-of-the-money" if the underlying foreign currency spot price is lower than a foreign currency call option's strike price, or the underlying foreign currency spot price is higher than a put option's strike price. Once a foreign currency option has expired worthless, the foreign currency option contract itself expires and neither the buyer nor the seller have any further obligation to the other party.

The Forex Option Seller - The foreign currency option seller may also be called the "writer" or "grantor" of a foreign currency option contract. The seller of a foreign currency option is contractually obligated to take the opposite underlying foreign currency spot position if the buyer exercises his right. In return for the premium paid by the buyer, the seller assumes the risk of taking a possible adverse position at a later point in time in the foreign currency spot market.

Initially, the foreign currency option seller collects the premium paid by the foreign currency option buyer (the buyer's funds will immediately be transferred into the seller's foreign currency trading account). The foreign currency option seller must have the funds in his or her account to cover the initial margin requirement. If the markets move in a favorable direction for the seller, the seller will not have to post any more funds for his foreign currency options other than the initial margin requirement. However, if the markets move in an unfavorable direction for the foreign currency options seller, the seller may have to post additional funds to his or her foreign currency trading account to keep the balance in the foreign currency trading account above the maintenance margin requirement.

Just like the buyer, the foreign currency option seller has the choice to either offset (buy back) the foreign currency option contract in the options market prior to expiration, or the seller can choose to hold the foreign currency option contract until expiration. If the foreign currency options seller holds the contract until expiration, one of two scenarios will occur: (1) the seller will take the opposite underlying foreign currency spot position if the buyer exercises the option or (2) the seller will simply let the foreign currency option expire worthless (keeping the entire premium) if the strike price is out-of-the-money.

Please note that "puts" and "calls" are separate foreign currency options contracts and are NOT the opposite side of the same transaction. For every put buyer there is a put seller, and for every call buyer there is a call seller. The foreign currency options buyer pays a premium to the foreign currency options seller in every option transaction.

Forex Call Option - A foreign exchange call option gives the foreign exchange options buyer the right, but not the obligation, to purchase a specific foreign exchange spot contract (the underlying) at a specific price (the strike price) on or before a specific date (the expiration date). The amount the foreign exchange option buyer pays to the foreign exchange option seller for the foreign exchange option contract rights is called the option "premium."

Please note that "puts" and "calls" are separate foreign exchange options contracts and are NOT the opposite side of the same transaction. For every foreign exchange put buyer there is a foreign exchange put seller, and for every foreign exchange call buyer there is a foreign exchange call seller. The foreign exchange options buyer pays a premium to the foreign exchange options seller in every option transaction.

The Forex Put Option - A foreign exchange put option gives the foreign exchange options buyer the right, but not the obligation, to sell a specific foreign exchange spot contract (the underlying) at a specific price (the strike price) on or before a specific date (the expiration date). The amount the foreign exchange option buyer pays to the foreign exchange option seller for the foreign exchange option contract rights is called the option "premium."

Please note that "puts" and "calls" are separate foreign exchange options contracts and are NOT the opposite side of the same transaction. For every foreign exchange put buyer there is a foreign exchange put seller, and for every foreign exchange call buyer there is a foreign exchange call seller. The foreign exchange options buyer pays a premium to the foreign exchange options seller in every option transaction.

Plain Vanilla Forex Options - Plain vanilla options generally refer to standard put and call option contracts traded through an exchange (however, in the case of forex option trading, plain vanilla options would refer to the standard, generic forex option contracts that are traded through an over-the-counter (OTC) forex options dealer or clearinghouse). In simplest terms, vanilla forex options would be defined as the buying or selling of a standard forex call option contract or a forex put option contract.

Exotic Forex Options - To understand what makes an exotic forex option "exotic," you must first understand what makes a forex option "non-vanilla." Plain vanilla forex options have a definitive expiration structure, payout structure and payout amount. Exotic forex option contracts may have a change in one or all of the above features of a vanilla forex option. It is important to note that exotic options, since they are often tailored to a specific's investor's needs by an exotic forex options broker, are generally not very liquid, if at all.

Intrinsic & Extrinsic Value - The price of an FX option is calculated into two separate parts, the intrinsic value and the extrinsic (time) value.

The intrinsic value of an FX option is defined as the difference between the strike price and the underlying FX spot contract rate (American Style Options) or the FX forward rate (European Style Options). The intrinsic value represents the actual value of the FX option if exercised. Please note that the intrinsic value must be zero (0) or above - if an FX option has no intrinsic value, then the FX option is simply referred to as having no (or zero) intrinsic value (the intrinsic value is never represented as a negative number). An FX option with no intrinsic value is considered "out-of-the-money," an FX option having intrinsic value is considered "in-the-money," and an FX option with a strike price at, or very close to, the underlying FX spot rate is considered "at-the-money."

The extrinsic value of an FX option is commonly referred to as the "time" value and is defined as the value of an FX option beyond the intrinsic value. A number of factors contribute to the calculation of the extrinsic value including, but not limited to, the volatility of the two spot currencies involved, the time left until expiration, the riskless interest rate of both currencies, the spot price of both currencies and the strike price of the FX option. It is important to note that the extrinsic value of FX options erodes as its expiration nears. An FX option with 60 days left to expiration will be worth more than the same FX option that has only 30 days left to expiration. Because there is more time for the underlying FX spot price to possibly move in a favorable direction, FX options sellers demand (and FX options buyers are willing to pay) a larger premium for the extra amount of time.

Volatility - Volatility is considered the most important factor when pricing forex options and it measures movements in the price of the underlying. High volatility increases the probability that the forex option could expire in-the-money and increases the risk to the forex option seller who, in turn, can demand a larger premium. An increase in volatility causes an increase in the price of both call and put options.

Delta - The delta of a forex option is defined as the change in price of a forex option relative to a change in the underlying forex spot rate. A change in a forex option's delta can be influenced by a change in the underlying forex spot rate, a change in volatility, a change in the riskless interest rate of the underlying spot currencies or simply by the passage of time (nearing of the expiration date).

The delta must always be calculated in a range of zero to one (0-1.0). Generally, the delta of a deep out-of-the-money forex option will be closer to zero, the delta of an at-the-money forex option will be near .5 (the probability of exercise is near 50%) and the delta of deep in-the-money forex options will be closer to 1.0. In simplest terms, the closer a forex option's strike price is relative to the underlying spot forex rate, the higher the delta because it is more sensitive to a change in the underlying rate.

John Nobile - Senior Account Executive
CFOS/FX - Online Forex Spot and Options Brokerage

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How To Find Unlimited Affiliate Marketing Opportunities

There are virtually unlimited affiliate marketing opportunities on the internet. Many people that are new to internet marketing have no idea just how potentially lucrative online marketing is.

The biggest thing that new people need to stay away from is the Internet Marketing niche. It's very complicated, extremely competitive and, although I'm not saying that it's impossible to make money in, there are so many other things that you could do that are much more profitable with a lot less knowledge necessary. As a matter of fact, there are many prominent Internet Marketer's that make a killing with businesses in other, more obscure markets.

Do you love hunting or fishing? Why not start a membership site or write an ebook about it? Better yet, why not just start your own blog in the beginning and draw traffic to it by writing about what you love to do? People can tell if you are genuinely passionate about a topic and your passion for your hobby can sometimes make you incredible amounts of affiliate money by promoting other people's products.

There are usually many others that share the same interests as you and want to know all they can about their hobby. Many of these people will willingly pull out their credit card and buy everything that they can get their hands on about that topic. Why, you ask? Well, why do you love your hobby so much? There's your answer.

Some people simply can't get enough. Look at niches like golf. Golf is incredibly competitive. It's not a niche that's impossible to compete in, but it would definitely be a big challenge because golfer's are very passionate about the game and savvy marketer's know this. Golfer's are constantly doing whatever they can to lower their handicap. Whether it's a new book, new training aid, new video, ect., you can be sure that the true golf lover has them all.

So what about you? With all of the affiliate marketing opportunities available, what is it that you LOVE to do? Don't put it off any longer! Do the research, find something that you love to do, see if there's a market to support it and get to work!

Are you struggling with affiliate marketing? Are you spending a lot of money and time only to have the same result? Grab my free report "Top 10 Affiliate Mistakes" and save yourself a lot of heartache. Visit MakeAffiliateCash.com Right Now. You'll learn what NOT to do and finally get yourself on the right track. Affiliate Marketing Opportunities . Joe Stewart is an Affiliate Marketer and Small Business owner that enjoys helping others.

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How To Get An Internship At Fashion Rocks 2007, Or Any Other Award Show For That Matter

The running theme in just about everything I say as it relates to jobs in the music industry, or an entertainment career in general, is that it's not as hard as it looks. The most difficult thing you'll have to tackle if you're going to pursue this trek is your own reticence to move forward and take a gamble - and perhaps equally as important - the necessity of working for free.

So with that in mind, let's take a look at what sort of approach might land you a plum internship gig working for something like Fashion Rocks 2007, which will air on September 7, 2007 on CBS. Now, I'm going to assume for the sake of argument that you've got very little if any experience in the music industry for this experiment. Heck, you might even live in Podunk-nowheres-ville, or even live overseas which would be a real challenge! You'll see, however, that even with these apparent limitations, landing a music industry internship really isn't that difficult. In fact, you might find that living overseas or in the middle of nowhere might even help your chances!

Okay, so this is how I would do it:

Research your butt off!

Finding your first little crumbs

Beginning with the end goal in mind, my first step would be to check out the Fashion Rocks 2007 website. If you go there, you'll notice that, at the moment at least, it's pretty much worthless. Typing "Fashion Rocks 2007" in Google turns up the site linked above, which seems to be just a placeholder from the 2006 show. Great. Well, actually, it's not too bad, because I want to show you how the entire process works. So, we've reached dead-end number one. Welcome to the music industry! Now what?

My thoughts at this point are: This isn't the first time they've done this show right? So let's see if there is anything we can learn about last year's show that might help us get an internship at this year's award ceremony. Let's get our search engine fingers ready. . .

Since I'm a researcher and freelance writer by trade, I have a method of sorts for locating the information I need to find. As a result, the first technique I use when conducting research either online is to start with a narrow field. I do this by choosing the most specific terms I can think of related to my question, AND by typing those words IN QUOTES within the Google search box.

Doing so, helps me stay focused on the topic, and helps to produce the most relevant leads. Now, I love Google, and I've used it for this example, but you can use any search engine you find works for you. I'll add that in my experience traveling, I sometimes find that the localized Yahoo, sites for example, sometimes produce a better range of local results, so if you're overseas and looking to intern at a specific event or company in your country, you might wish to keep this in mind.

But we're talking about Fashion Rocks here, right? And this award show is being held in the U.S. so let's take a look at what sort of results we get by typing "Fashion Rocks 2006" in quotes within Google. . .Bingo!

By keeping the search wide and NOT using quotes around our search phrase, Google gives us a whopping 2,380,000 to look through for leads. Narrowing the search down, however, by using quotes yields us a much more manageable, and relevant 841 leads to move forward. This will help tremendously when trying to land this gig in such a short period of time. After all, we're only talking about two months or less 'till Fashion Rocks launch time! Ahhhhh!

Making your own trail Now that you've got some search results, let's take a look at a few to see where to go from here. What you'll want to do when looking through the return results is look for about five or six sites that you think might give you more information that could lead to some mention of the people and/or companies that make Fashion Rocks hum. Remember, because you used quotes, you now know you have relevant results to look. Reason being is that by using quotes you're finding those specific words together in a sequence, so even though you might not see an angle to what you're searching for when the results first pop up, the words "Fashion Rocks 2006" are in there somewhere! So look with your business hat on!

When I looked through the results, the sites listed below popped out at me immediately as good targets to further narrow my search for this internship. I have detailed below the site name and the reason why I thought it might be a good site to explore further.

The site: Fashion Rocks 2006 Blog Why: The obvious day to day stuff about what
happened

The site: Interactive Media Awards Why: Hmm...award winners. Nice leads?!

The site: Party Line Rentals Why: Might be a business with connections to the fest

he site: SAWF News Connect Why: Lots of news about fashion and
entertainment

The site: theswagtimeblog.com/events_music/index.html The Swag Time Blog
Why: Marketing departments targets. A God-send?!

Finding the nuggets

Now that you've got what seem like good sites that might help you narrow down your internship search, start looking on those pages for the names of people and companies associated with the event. And remember, we're looking for folks that work behind-the-scenes. . .while it's great that you know Kanye West was at Fashion Rocks 2006, and he looked dashing and all, you're not concerned about his suit, you want to work with the folks that worked with him, behind the scenes.

So search for the names of managers, representatives, agents, etc. Basically anyone who might work with the talent and who might be interested in having you come on board to help out with the show. Remember, internship opportunities don't purely exist with the show promoters, but with EVERYONE involved as well! You can also stretch this search out to the artist's record label, management company, booking agency, clothing representatives. . .anything really. The potential is limitless.

Think you won't find anything?

Skeptics, pay attention. For those of you leisurely strolling through these pages seemingly finding nothing worthy and ready to throw up your hands in disgust, I would recommend looking again.

Just glancing through these pages myself while writing this post I discovered tons of angles to worth pursuing if I was looking for this type of music internship. A little tip: look for the names of companies or associations that can take you to the next step in your search, and think outside the box. Who is providing services to this event? How about manufacturers, accountants, magazines, consumer products? If you're coming to this event without much experience, what you're really looking for is a leaping off point to get more experience. So if handing out water bottles to models gets you in the tent so you can network with the music industry insiders you're looking to connect with then THAT is exactly what you're looking for with this gig!!

Take for example The Swag Time Blog. Other than listing the cool s.w.a.g (stuff we all get) that award show attendees receive just for showing up, what else is there? What information exists on that page can help you get a job? Well, how about the product names of every dang thing these artists are going to get in that little freebie bag of theirs! Each one of those products is made by a company very interested in spreading their name all over the planet by giving away *for free* (notice that word there. . .you might be working for free as well for the same mission) their fancy product. AND, each one of those products is being pushed by a marketing department somewhere in the bowels of company 'X' that you could be helping out come 'game day'. What you want to do is be one of the people working to help make that happen.

Don't forget to toss away the idea of hob-knobbing with the celebrities, you want to work in music not be an idol worshiper. . .there is a huge difference. So let's get started! On the swag site, the swag is listed. . . .go dig up the company information that will help you accomplish this, and get to work!

I'll also mention that there are also several different web address for the show this year. . .why, I have no idea, but they are out there. For more info try www.fashionrock07.com and www.fashionrocks2007.tv Alright. So you've invested some time and energy into locating the names of music business companies affiliated with Fashion Rocks. Maybe your little list contains a few of these types of firms:

record labels band managers booking agents street team companies brand ambassador firms lighting companies rigging companies modeling agencies Fortune 500 firms

First of all, great job! Now let's think of a few ways we might get a hold of the right person at one of these companies who can help you get in the door at the event, and perhaps lead you to your first music business internship experience!

What to do with all these names?

Your next steps

If you have individual contact names: If you're fortunate to have found a direct contact, then quite simply, pick up the phone and give them a ring. Some folks you call will not want to speak with you, and others will be glad to hear from you. People in marketing/promotions tend to be a fairly talkative bunch by nature, so if you catch them at a good time, you'll probably be in good shape. A couple of pointers are worth mentioning here:

  1. Have at least a resume ready before you start making your calls, this way, you can send something off after touching base with your contact. Doing so makes this process faster, and also demonstrates your professionalism to the person you're contacting.
  2. Don't sweat a cover letter too much, I find they're fast-becoming useless for this sort of thing. If they ask for one, I would be surprised. . .if they do, however, put something short and sweet together in the body of your email to them to facilitate this request.
  3. If you're calling record companies don't call on Tuesdays or Wednesdays, these are typically the days the promotion folks are on deadline and/or in meeting and the times when they definitely don't have time to chat. Shore up your calls for later in the week.
  4. Be honest, know the label's artist roster and don't sound like too much of a fan. Music industry folks love passionate music-heads, because that is what helps sell artists and records. What they are not looking for are fans that will be too busy hanging out in the green room with the drummer and not out on the street working. Keep that in mind and you'll be in awesome shape!

If you have company names, but no individual contact names: This will be common, so don't let it freak you out. Believe me, this is where all the fun begins! You're going to need to pick up the phone for this to work as well. Please don't waste your precious time writing cover letters and sending them off in vain to the black hole of HR at these firms. If you do, I'll bet one of two things will happen.

Scenario number one: Your beautifully crafted resume will reach the HR department and after reading it Mr./Ms. anonymous HR professional will wonder. . . "hmm. . .what do I do with this?", and promptly put it aside/throw it away and all that effort will be for naught!

Scenario number two: Your beautifully crafted resume will reach the HR department and because those in HR are so insanely overworked/underpaid your resume and cover letter are never even looked at to begin with. Either way, your dead, and again, your efforts are wasted!

So please, don't send anything in until after you have picked up the phone and called to speak with someone. If that someone later suggests you send something in, then by all means rock that baby in there.

Okay, so you've got company names with no immediate contact. . .what do you do? Well, after looking up the companies phone number by either going to their corporate website, or using something like the Fortune 500 list on CNN, give 'em a ring. When you get through to the receptionist tell her that you're a student and you would like to speak with someone in marketing who might deal with interns. If they ask what this is regarding, just tell them the truth. Being a student you have an advantage over 99% of the people that call in asking to speak with someone. Typically the person answering the phone should put you through. These three things are pretty much what you should expect to hear after asking this question:

  1. "I'll put you through to marketing"
  2. "I can't put you through without a name"
  3. "You'll have to call HR/I can put you through to HR"
If you hear number one, you're gold. Make sure you have your spiel together when you get through and then run with it. By the way, I ALWAYS ask for the person's name BEFORE they transfer me to "marketing". This way, I know how to pronounce the person's FULL name when they pick up AND if I happen to get their voice mail, I can call again in a few days to follow up without having to go through the whole introduction again with the receptionist. Getting their full name will also allow you to follow up with an email later in the week as well.

So, if you get number one, then you're good to go. But what if you get numbers two and three?

Dealing with objections

If fate draws you the dreaded "no name, no game" response, thank the receptionist and do some quick homework. Unfortunately some companies restrict passing you off to someone unless you know your contact's name. I find this ridiculous, but that's the way it goes. So what can you do at this point? First step? LinkedIn. Do a search for the company along with the title of the person you're looking for and viola! you're in business!

If this doesn't work, then it's back to Google! Start playing around with combinations of words that will get you the contact's name. Things like "marketing director" plus the company name would be one such example. Alternatively, you could type "Internship Coordinator" plus the company name you're ringing up. You're going to have to be creative, to pull this off, but I will say that marketing folks, more than anyone are likely to have their name on the Internet somewhere, you'll just have to track them down. If all else fails, you could call the Public Relations department. . .their contact information is almost always plastered on the website for all to see.

These techniques can be used of course before calling the first time, but I find that a lot of times, it's too damn time consuming to do upfront. Once you've got a name, pick up the phone and call again! If ugly number three rears its head, then go ahead and be put through to HR. If someone picks up (unlikely) give them your spiel. If you get voice mail, leave a message. I ALWAYS leave a message at least once. If HR doesn't call you back, don't worry about following up with another call. You've probably reached a dead-end. But, if someone does call you back, you'll be one step closer than you want to be. If nothing pans out on the HR front, I would visit my advice in response to number two. It will get you far when doing your internship search.

Trust me, this works

When I was trying to get an internship at record labels back in the day, I sent out (literally) over 100 resumes to record labels big and small. Only a few responded back to me. The majority of responses I got were thanks, but no thanks letters from HR departments. The phone calls I received were from the Promotion Directors at the labels responsible for interns. Out of the two or three calls I received, one landed me a gig with Virgin Records. 100+ resumes and 2-3 calls=1 internship. That's a lot of work, and way too much time on paper. The technology you have at your disposal for networking and landing the music industry internship of your dreams is remarkable. Put it to use, pick up the phone and get started. That volunteer or internship experience at Fashion Rocks 2007 awaits!!

If you think I've given a few good tips here, email me me at doc@musicbusinesspage.com for my list of "The 10 best music business articles you cant stand to live without!" It will send your mind a flow with new ideas to get a job in the music industry! In minutes you'll have ideas that you can put in motion tomorrow to get started on your dream of a career in the entertainment industry. I love being a teacher, let me share my insight with you today.

Good luck, I'll see you at the meet and greet! TM

Doc Kane is the founder of MusicBusinessPage.Com and author of The Music Industry Guidebook: A clear guide to getting a job in the music business. . .fast! His site, online since 1994, has helped place thousands of music business job seekers on the path toward their ultimate career goal.

Doc has held positions in the record and radio industry and has worked in music retail, band management and concert promotion; working his way up the ladder by taking every music industry internship he could get his hands on. His mission is to help people interested in an entertainment career to realize their dream and he posts daily on The Music Business Page Blog, sharing all sorts of tips along the way. Sign up for his FREE Music Business Boot Camp Course Today You'll learn the secrets he used to get a job in the music business. . . fast! Put his techniques to the test, they work! They're guaranteed!

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Inner Thigh Exercises

I train many women clients, and if there is one thing I have learned, women like to have toned inner thighs! It is a problem area for most women. The muscles of the inner thighs, also called the hip adductors, respond to a very specific exercise routine. It takes about 15 minutes of exercise three times a week to shape the inner thighs. All you need is an exercise mat to get stared. Try these exercises for a few weeks and you will feel more leg power when you walk, run, or swim. After about ten weeks, you will see new definition in your thighs.

Outer Thigh Lift.

Lie on your left side, and prop your upper body nearly upright on your left forearm. With your left leg bent comfortably, extend your right leg at a 45-degree angle in front of you. Slowly raise the right foot about six inches off the floor in a controlled motion. Hold for one count, then slowly lower the foot almost to the floor; start another lift without touching down. Do 10 reps. Then roil onto your right side and repeat. Do 3 sets with each leg. 3 sets of 10 repetitions each is a good starting point. When the routine begins to feel easy in about 3-4 weeks, add a one pound ankle weight.

Inner Thigh Firmer.

Lie on your left side with your head resting on a rolled-up towel to maintain proper alignment of your head, shoulders, and hips. Bend your right leg and rest it on the floor in front of you while extending your left leg straight with the foot. Slowly lift your left leg about six inches. Hold for a moment and then gradually lower the leg, beginning the next lift before your foot touches back down on the floor. After ten lifts, roll onto your right side and repeat. Complete 2 sets of 10 lifts with each leg. 2 sets of 10 repetitions each is a good starting point.

Cable Adductor Machine

This is the machine in the gym that most women gravitate towards! It's the one where you sit with your back pressed into the machine, holding onto any handles and with your legs and feet pressed against the foam pads. Smoothly bring your legs together, hold for a second then return under control to starting position. Some machines will have a combination of settings, allowing the legs to be taken wider, avoid taking your legs out too far, especially for beginners. Aim to keep your legs and back in contact with the machine at all times. It may be useful to warm up your muscles with a lightweight prior to your training weight, as this will not only help prevent injury, but also make sure that the machine is set-up comfortably for you.

Inner Thigh Firmer Using a Stability Ball or Pillow.

Lie on your back on the floor and place a small Swiss Ball or large pillow centrally between your lower legs. Smoothly squeeze the ball or pillow, aiming to apply pressure from both legs, onto the sides of the ball. Hold in the inner phase for 2 - 3 seconds prior to releasing and repeating again. Repeat 10 times. This exercise is usually performed while lying, but can also be performed seated or standing. Complete 2 sets of 10 repetitions. 2 sets of 10 repetitions is a good starting point.

How Much Exercise Is Enough To Tone The Inner Thighs?

This number guide will help you determine what intensity is right for you.

Let's say that the intensity of the exercise ranges from 1 to 5.

1 - Light exercise, can barely feel the muscle. (this is what you feel in the first 1-3 repetitions)

2 - You can feel the hip muscles working (as you do more repetitions, you become more aware of the tension in the muscles)

3 - Moderate intensity, where you begin feel a 'burn' or 'strain' in the muscle. You have to exert a little to maintain the exercise.

4 - Moderate to high intensity, where your hip muscle starts to hurt, and you feel like stopping.

5 - High intensity, where you just can't continue. You need to stop and take a break.

In order to tone the thighs, you need to push to an intensity that falls between 3 and 4. This will vary from person to person. For some individuals, 10 repetitions of an exercise is enough to get to 3, or even 4. This is especially common for beginners, or for those who have resumed exercise after a long break. For other, more conditioned individuals, it is common to get to 3 or 4 after 30-40 repetitions, or after using ankle weights.

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