Strategies for part time traders - Page 216
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Thread: Strategies for part time traders

  1. #2151
    The way we trade the market will really determine our success . In a nutshell, I always follow the time frame in trading, which is the higher time frame and for that reason, I don't get to have the trades I take all the time, because trading with the higher time frame means that we need a lot of patient and then making quality analysis. That is what I do and I take my time to avoid being in a hurry.

  2. #2152
    Part time trader have not timeout for makingi higher time and strong trading strategy for trading so he can always try to make effective and good strategy for trading however he can get some profit from this way. He has good knowledge about forex business but only use at this time when he can free our from every work and way.

  3. #2153
    Quote Originally Posted by zaingj View Post
    The way we trade the market will really determine our success . In a nutshell, I always follow the time frame in trading, which is the higher time frame and for that reason, I don't get to have the trades I take all the time, because trading with the higher time frame means that we need a lot of patient and then making quality analysis. That is what I do and I take my time to avoid being in a hurry.
    If we can use the better strategies for trade well with the trend of market and also we have the information on the value of trend then a part time or a full time trader will easily obtain the progress from this market so we have to give respect to the main components of the market which essential for making the profitable trade .

  4. #2154
    Part time trading is very tough because, we must have need good knowledge about fundamental and technical analysis to know that how market works for long term. But, if a trader have no knowledge about technical and fundamental analysis then he have need to first learn Forex trading then do part time trading otherwise he can do trade to follow the trend as a full time trader.

  5. #2155
    Forex business is good and profitable and most most of the traders in Forex part time.Learning is the most important thing for trader therefore every trader should spend his good time for learning because without learning no strategy would be good.News time trading is the best opportunity for the part time traders for making good capital.There are so many strategies in Forex and i think short term strategies are best for the part time traders.

  6. #2156
    Trader
    Join Date
    Aug 2015
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    5,160
    This is not a child's play, we have to work hard before we can get to choose our best strategies for productivity. The best strategies are long term strategies with small size lots that do not require constant monitoring and much time. Keep in mind that the traders which are trading the part-time or full time and other method of trading the market have their choice to make, not that the broker will force it on them.

  7. #2157
    Quote Originally Posted by Risk management View Post
    Part time trading is very tough because, we must have need good knowledge about fundamental and technical analysis to know that how market works for long term. But, if a trader have no knowledge about technical and fundamental analysis then he have need to first learn Forex trading then do part time trading otherwise he can do trade to follow the trend as a full time trader.
    Part time trading or full time trading are both tough because if we are not able to perform our duties properly we end in loss. Analyzing market is the most important part of forex trading, the trader should have to abide by the rules too. There cannot be fixed earnings with Forex and so it is important that we are always flexible with our profit targets.

  8. #2158
    Trader
    Join Date
    Jul 2017
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    8,577
    It is good to understand that in forex trading, there will always be those who will take it with headlong by going into full professionalism about the business , because the forex is a market and a business that can be adopted as a means of livelihood just like any other profession. And at the same time , there will be some traders who would take the business as just a way of earning by the side, and for such traders, trading the higher time frames on long term will always be the best approach.

  9. #2159
    It is true i do not like to work with part time trading in this market that include so much risk which we never get used for success , if we have any trade system which we have used to make our plan very well we have to give important to the learning and for having own system we develop our trade ideas very well .

  10. #2160
    Trader Sascha's Avatar
    Join Date
    Dec 2013
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    Racoon City
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    3,618
    Quote Originally Posted by glory3 View Post
    It is good to understand that in forex trading, there will always be those who will take it with headlong by going into full professionalism about the business , because the forex is a market and a business that can be adopted as a means of livelihood just like any other profession. And at the same time , there will be some traders who would take the business as just a way of earning by the side, and for such traders, trading the higher time frames on long term will always be the best approach.
    part time traders really needs a lot of effort to put on their trading because they're lacking of time and must focus on market, which make this hard business to get even harder to do. i'll try my best not to become one of part time traders because i've been in that situation and trading was really difficult to do back in that time. trading is better to do with full potential by spending hours in a day.

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