What Forex Trading Strategies Are Most Suitable For Part Time Traders

[Suba]

Many people choose to become part-time forex traders when they get to know the world of trading. Although part time traders do not have the great opportunity to take advantage that may come all the time and most part time traders use their free time to trade. Many friends recommend choosing a currency pair with more active movements and using Stop Loss Orders in Every Trading Transaction. So what do you think, which strategy is most suitable for part-time Forex traders, or maybe you have a different opinion?

 

[Peterlight]

You can go for company stock and use the stop loss order so that you won't lose a penny when the trade is losing value and it will help to save your investment.

 

[Josemendez]

The fact is that forex trading should work well for part time trading because it requires a lot of time to be invest on it . However the person needs a mentor that will be keeping him updated with market events

 

[Sammyesx]

Many people choose to become part-time forex traders when they get to know the world of trading. Although part time traders do not have the great opportunity to take advantage that may come all the time and most part time traders use their free time to trade. Many friends recommend choosing a currency pair with more active movements and using Stop Loss Orders in Every Trading Transaction. So what do you think, which strategy is most suitable for part-time Forex traders, or maybe you have a different opinion?

FOREX trading requires time and dedication to understand the rudiments required to make profit, for a part time trader I will recommend sticking to buying when the price is low and selling when the price is high or look for an expert to trade on your Behave.

 

[Alexandoy]

I have heard of the term currency pair like the US dollar against the Euro. When the USD increases in value then it can be sold to buy Euro. And the same thing that when the value of the Euro increases substantially then sell it and buy the USD. But take note that the pairing can only work for learned speculators because you can also lose with that style of trading. But I guess if you are not rash in your decision to buy or sell then you can earn a minimal profit.

 

[Sanusi]

According to my own understanding about forex trading moving averages is the best method for part time traders because moving averages consist of 8ma,10ma and 20ma,so each moving averages tells you about the trends like for instance 20ma tells you that the market is going in a upward or downward direction so moving averages is the best strategy to use

Post automatically merged: Jan 13, 2021

According to my own understanding about forex trading moving averages is the best method for part time traders because moving averages consist of 8ma,10ma and 20ma,so each moving averages tells you about the trends like for instance 20ma tells you that the market is going in a upward or downward direction so moving averages is the best strategy to use

 

[Highflyer]

These night traders should employ a strategy of trading specific currency pairs that are most active overnight.
...
These strategies may also serve you well as a part-time forex trader:

• Take fewer positions and hold for days. ...
• Look at long-term trends. ...
• Set up trading orders. ...
• Use technology!
• Bolly Band Bounce Trade. This strategy is perfect for a ranging market. ...
• Forex Overlapping Fibonacci Trade. These strategies are a favourite among many traders. ...
• The Pop 'n' Stop Trade. Trying to chase the price when it goes upside rarely works. ...
• Trading the Forex Fractal.

 

[Sincerem]

Many people choose to become part-time forex traders when they get to know the world of trading. Although part time traders do not have the great opportunity to take advantage that may come all the time and most part time traders use their free time to trade. Many friends recommend choosing a currency pair with more active movements and using Stop Loss Orders in Every Trading Transaction. So what do you think, which strategy is most suitable for part-time Forex traders, or maybe you have a different opinion?

I'm not yet an expert trading, I'm on the beta stage, still acquiring some needed skills to succeed. My take on this, will be for a part time trader to follow signals. If possible join group of expert traders via any social media handle, they will help him or her, with step by step means of making a successful trading out of their time.

 

[Suba]

I'm not yet an expert trading, I'm on the beta stage, still acquiring some needed skills to succeed. My take on this, will be for a part time trader to follow signals. If possible join group of expert traders via any social media handle, they will help him or her, with step by step means of making a successful trading out of their time.

We are all still learning about forex, therefore we must diligently learn from many sources and practice, it would be better if we take forex courses or seminars, and have tutors, to guide us, and never give up on the first failure, all expert traders also start from zero skill.

 

[Mawome]

Experts on Forex trading, will always advise part time traders and beginners to take trading courses, if they have tutors better for them their tutors can always trade with them any time any day and buy so doing part time traders will graduate and then start trading all the time.

 

[Tariq Shehzad]

I am still learning about forex, therefore we must diligently learn from many sources and practice, it would be better if I take forex courses or seminars, and have tutors for the better understanding.

 

[Nurudeen]

I'm not really into forex trading so I don't really know the trading strategy they use for it. However, I know that they use chart to read some movement in currency so my best advice for you is just to learn technical analysis and know how to read chart after that you should be able to make money with forex trading

 

[singlej007]

Trading forex needs a lot of concentration either partime trader or full-time trader, but if you want a strategy, I will advice you use the monthly news of the United States news they give every month, I know a friend who put huge amounts of money in forex but only trade one on a month and withdraw. He trade only the United end of the month news, the news always trigger the market either up or down...

 

[Chris]

Trading forex as a part time trader can be stressful and difficult as you won't focus on it and explore more, however you can try out few options like...
Picking a Trading Time That Suits Your Schedule.
Use Your Time Wisely.
Keep Track With a Journal.
Focus on Currency Pairs That Are Active When You Want to Trade. ...
Focus on Beginning and End-of-Day Trading.

 

[Dowenship]

Many people choose to become part-time forex traders when they get to know the world of trading. Although part time traders do not have the great opportunity to take advantage that may come all the time and most part time traders use their free time to trade. Many friends recommend choosing a currency pair with more active movements and using Stop Loss Orders in Every Trading Transaction. So what do you think, which strategy is most suitable for part-time Forex traders, or maybe you have a different opinion?

I think I av a different opinion on this. I believe forex is a 24/7 business or bet. You must be available anytime any day, even in the midnight. But if there's another expert who is into it fully. A group can be created for information to be displayed where u don't necessarily be online or on stand by. When the time to sell comes then the expert should drop a notification on the group.

 

[Debola]

Many people choose to become part-time forex traders when they get to know the world of trading. Although part time traders do not have the great opportunity to take advantage that may come all the time and most part time traders use their free time to trade. Many friends recommend choosing a currency pair with more active movements and using Stop Loss Orders in Every Trading Transaction. So what do you think, which strategy is most suitable for part-time Forex traders, or maybe you have a different opinion?

These night traders should employ a strategy of trading specific currency pairs that are most active overnight.
...
These strategies may also serve you well as a part-time forex trader:

• Take fewer positions and hold for days. ...
• Look at long-term trends. ...
• Set up trading orders. ...
• Use technology!

 

[Sheyemanu]

What i know is that experts on Forex trading, will always advise part time traders and beginners to take trading courses, if they have tutors, better for them, their tutors can always trade with them any time any day and by so doing part time traders will graduate and then start trading all the time. And the best strategy is price action, indicators lag

 

[Read cash]

If you want to trade freely, you need to learn a lot of trading because one of our mistakes can cost us a lot of money. So if you want to get into the trading field, So first you have to know about it then you will benefit from it

 

[Onachukwu]

The best strategy for part-time traders may be to let your computer be your "trading partner." The ability to employ a trading program where you can let the information technology work for you could be beneficial, as the forex market is so fluid and difficult to monitor. Another common strategy is to implement stop-loss orders, which means that if the market takes a sudden move against your position, your money is protected.

 

[Hasan Raza]

FOREX trading requires time and devotion to comprehend the fundamentals needed to make benefit, for low maintenance merchant I will prescribe adhering to purchasing when the cost is low and selling when the cost is high or search for a specialist to exchange on your Behave.