With this in mind. With all the cleaning and nursery jobs for the beloved kids, it is not easy to get a part time job and earn extra income for the family. Really hope you keep up your excellent work. You will need to map out different scenarios and strategies, because your time away from the charts will keep you from being flexible to move as the market does. Prioritize Most of you are probably part-time traders, which mean that your main source of income comes from somewhere else. August 18, Kerjaya Sebagai Forex Trader March 13, Channel Telegram Rasmi Jadi Subscriber Moshed! Ia pelaburan bukan kita trade sendiri forex dari rumah.
I am Joe Chalhoub, a computer engineer, Forex trader and strategy builder. I began trading currencies 3 years ago. The first 3 months trading were complete failure, I remember I lost all my money and I was about part time income trading forex syariah quit, but I couldn't, I felt if I quit now maybe I am missing the chance of having my own business. So I stopped trading and began observing, studying, analyzing and practicing. Analyzing: I began working with technical and fundamental analysis; how each analysis can predict and redirect the market and how I can use them both for my own benefit.
I will talk about these analyses in the following paragraph. Reading: I bought Forex trading books and read them, books explaining different strategies and tactics used by experienced traders. Practicing: I created free accounts and began trading virtually and each technique I invent I tried it and monitored its performance and validity. After one year of studies, analysis and practicing trading techniques and after many failure and frustration I reached my own strategy and it is working very well and each month my profit is positive.
I reached my targets and I built a successful strategy, but that's not enough; to make profit I must not miss any opportunity and forex market is full of opportunities because it is the most active market in the world, for that reason I must sit all time and watch and detect opportunities all day long from Monday to Friday. This program analyses fundamental and technical data and generates forex signals which are forwarded automatically to my broker platform where the signals are executed automatically and forwarded also to my website members.
All this is done without my interfering, I just run the program, it analyses and makes its decisions Buying, Selling or stay aside. Five over hundred traders succeed in this business, what differentiate those five successful from the 95 others is one thing, it is the HARD WORK. Forex trading is not an easy business, and who tells you that he can make you rich in one night is one of those Only one thing can make you a successful trader, HARD WORK, and nothing else.
Don't rely on other traders or advisors to help you, rely and have confidence on yourself. Don't begin trading quickly, the forex market will not go anywhere, it will stay forever, give yourself 6 to 12 months of studies, analysis, readings, practice and build your own strategy before begin real trading, it will take a lot of time and dedication but at the end you will reach your target. I will not reveal my full strategy but I will reveal some techniques I use which help traders in their trades.
My program is the most disciplined trader, it takes care of all of this, it monitors the market and only trade if only criteria are met, and the second advantage of this is the elimination of the fear factor, it enters a trade when it sees it is good to enter and fear nothing. I advise traders not to trade during the first days of the month, personally I begin trading at the first Friday of the month when the "NonFarm payroll" report will be released.
Fundamental defines the trend of the market and the technical analysis is used after the definition of the trend. I trade the news by analyzing programmatically the released data for a specific report and generate signals which are executed immediately on the trading platform and forwarded simultaneously to my members. Fundamental and technical analysis must be used together, if one is used without the other this will lead to failure.
I use ADX, Bollinger Bands to identify trends and volatility; RSI to identify an over bought or sold and Moving Average to identify a signal. And the most important technique is FIBONACCI, I advise traders to implement this technique and use it to confirm trades. Finally, I must say that Forex is not easy, and many times we feel that someone is doing a conspiracy on us to take our money, but the truth is nothing is impossible, and others successful traders are not more intelligent than us and they are not genius from other planet, the fact is the more you work the more you become closer to part time income trading forex syariah good trader.
Do not quit quickly because this business deserves hard work and dedication. Please disable AdBlock or whitelist EarnForex. Observing: I began observing the market, what causes movement, reaction, ranging and trading. How to succeed in Forex trading. My strategy follows the following tips and techniques:.
Earning a full time income with part time trading
Part - Time Trading Ain't So Bad Let's Part - Time Forex Traders and does require a pretty large capital base if you intend to draw an income from. Housewife Earns Extra Income by Trading Forex Part full time housewives could trade forex online part time and make extra income like USD50 to USD per day. Trading Part Time – Your Best Trading Forex Part Time Will Help Make DO NOT fool yourself and believe that you take up trading and replace your income and.