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Article Submission in high PR sites helps you to increase the traffic of your site. Article submitted in one site is further then submitted to various articles with spun content, thus makes your presence over the web and helps to increase the traffic.

Guest Blogging refers to posting a blog in some ones sites. Earlier it used to have importance in our site, but now after the recent update we get nofollow links in the guest blogging.

Domain Age refers to the life of the domain in the internet .i.e age of the website.

In the href anchor tag of HTML there is a rel attribute if its value is nofollow, then google will not refer to the link on the tag.

Many a times these tools gives wrong ranking of the keyword, so I always prefer to manually check the ranking of the keyword.

Do Social Bookmarking, Forum Posting and Blog Commenting. All these will help you to increase the traffic in short span of time where as directory can also help but it takes time for approval.

You just need to learn the basics of all the submission, you can open site of the any technique and you have to just give the required details like Name, URL, Description, Meta Keyword, Meta Description, Keywords, etc. There are many sites which will give you dofollow links as well as nofollow...

SEO refers to the Search Engine Optimization. SEO is done by using On page techniques as well as Off page techniques. These help you to increase the number of visitors to your site in other words, it is used to improve the Page rank of your site.

Do follow informs the search engine to follow the link inside the <a href> tag, whereas nofollow link will be ignored by the google. Now a days more importance is given to the dofollow links, as compared to the nofollow links.

There are many techniques which give us nofollow links like blog commenting, social bookmarking, etc. So is it worth to place links in nofollow sites?

Rather than submitting your links through tools and software, you should do it manually. Links submitted using tools are considered as spam and your website's ranking can get affected by it.

Linkbuilding can be done in two ways, i.e. One way and Two way link building. Link building helps to increase your website's visibility on the web, by creating inbound links for your site.

One way link refer to the techniques in which you will place your link in the websites, but not their link to your website. This is exactly opposite of Reciprocal link.

I will suggest you to avoid link exchange, which is generally known as "Reciprocal Links". Such links are considered as spam by Google.

There are various tools like a duplicate content checker, where you can place your content and check whether your content is published or not. Even you can enter a paragraph on the search engine to know where your unique content is published.

I completely agree with you, after Penguin and Panda updates its really bit difficult to build the backlinks. As such Penguin update is related to creating the backlinks using variations in anchor text, and also including both dofollow and nofollow links.

I don't use any tool to search blogs. Simply type inurl:.com/post "Keyword of your niche", you will get a list of blogs.

Reciprocal Link means you will place the link on a website where you are willing to build links on your site. In simple language it is known as Link Exchange between two sites. In SEO, it is considered as spam.

Even though nofollow links are not as much beneficial as dofollow links, but they do help to increase the traffic of your site. We can't have only dofollow submissions, there should be a proper balance in the link type. And no one can say that building nofollow links is a complete waste of time.