Tag Archive: part time trading

Is it possible to trade currencies part time and still make a decent amount of income?

Question:
Is it possible to trade currencies part time and still make a decent amount of income?

Answer:
The short answer to this question is: yes!

Once you become accustomed to putting on trades, you will develop the habit of setting up your trades so that you do not have to be present to execute them. Typically, this is achieved with the entry order, a limit order and a stop loss specification. After analyzing the markets, you will have developed a certain idea as to where it will be going (up or down) and as such, you’ll be able to place such orders and then literally, walk away from your trading station and charts and carry on with other activities in the day.

If the market moves in your favor, your order will automatically be activated and hopefully, if there’s a profit triggered should the market hit your limit order, you will see your account increase by your targeted profit-taking amount without you even being present!
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