What Forex Trading Strategies Are Most Suitable For Part Time Traders

[Blue house]

Forex requires time to know more about it, it takes a lot of time to be a profitable trader in forex.
All you have to do is find a suitable strategy that you can really understand, then put into practice, make sure you do not give up on it then you will be a professional in no time.

 

[ansahweh]

For part time trading, trend trading is best and also they should trade the higher time frames or trade news as well. Only full time traders should venture into swing trading. Scalping is for those that doesn’t have a life outside forex market. So it’s best to choose a strategy that suits your personality.

 

[Erin]

Well for forex there is nothing like the best strategy for trading, you will have to find a strategy that is simple and suitable for you and you practice it hard on demo and when you are confidence about it, you are good to go.

 

[adazeez1995]

As a beginner who is getting to know forex and gives it half of his time. It is advisable for you to employ the services of a forex expert or analyst that would help you to monitor your investment and make profits since you wouldn't have time to Learn the skills of the trade fully

 

[Victor001]

For part time traders its better you stick to scalping the market, a combination of technical indicators can aid you.foremost analyse from daily time frame to minute time frame, connect the points with your trend lines. You can add moving averages to get a clearer direction of the trend market.

 

[Mazhar Malik]

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[Debola]

Part-time forex trading can be a successful way to supplement your income. There are enough hours in the day to trade in this potentially profitable market, even if you hold a full-time or part-time job.

 

[Kelly5]

The most suitable forex trading strategy for a part-time trader should be the scalping strategy. Since you your are obviously not yet a pro I'm the game of trading the foreign exchange market, I will suggest this method because you got to enter the market at your own convinient time as you would have gotten a lot idea on your decision

 

[eenya00]

For me as a forex trader, I can't categorically state that a particular strategy is the best, infact there is no 100% efficient strategy anywhere in the world, what differentiates each and every strategy is your strong money management plan that would gaurantee you success on the long run.

 

[Damscooguns73]

Concerning the forex trading strategies mostly suitable for part time traders. Well, I dont really know much about forex trading but I believe the part time traders should have a class or tutor for themselves who can actually fill them in or the best way to make trading

 

[Richard92]

For part-time traders I think the best form for them to invest in since they are not that cover sound and consistent in the trade is investing on company stock and using the top loss methods.

 

[Sotherefore]

There is absolutely no perfect strategy you can use in trading of the volatile market because if that was actually possible a lot of people could have made so much from it, I think it require a lot of time and constant dedication to learn how to trade it ,risk management is also very important.

Post automatically merged: Jun 5, 2021

we here may not be able to give you the best advice on how to trade a volatile market perfectly because the advice here are not from expert and if you consider getting them as the most important advise you might even end up losing, learn all these farm expert and you understand better

 

[Richard92]

There is absolutely no perfect strategy you can use in trading of the volatile market because if that was actually possible a lot of people could have made so much from it, I think it require a lot of time and constant dedication to learn how to trade it ,risk management is also very important.

Post automatically merged: Jun 5, 2021

we here may not be able to give you the best advice on how to trade a volatile market perfectly because the advice here are not from expert and if you consider getting them as the most important advise you might even end up losing, learn all these farm expert and you understand better

The forex trading strategy that is most suitable for current traders in forestry use in diversity on a short run and also withdrawing, this will have them to make fast profit.

 

[Sotherefore]

The forex trading strategy that is most suitable for current traders in forestry use in diversity on a short run and also withdrawing, this will have them to make fast profit.

I can't even understand the strategy because forex trading is not my area of concentration,I trade bitcoins and other cryptocurrency and that is the one I have an understanding about,the volatile nature is real but there is no perfect strategy because even expert will always lose sometimes.

 

[Jlife]

you might not be able to get the best forex strategy here because some people that are telling you here do not understand what forex trading is all about, I will advise you shoul not absorb most of the information here for your own benefit.

 

[Lens]

Your friend has done you a great favour by telling you to choose a currency pair that is seen with significant movement . The tools to minimize risk is the exit and entry order. Once this are set, then you will be at ease trading forex as a part time trader

 

[gammarays]

I think money management is equally as important as the strategy you utilise if you want to be successful. The martingale trading strategy is very good because it'll spread your capital to accommodate many loses.

 

[eLdavis]

For part time traders, after going through the various lessons and courses to learn about forex trading, you can go into HFX which is also known as High frequency trading or binary options. I feel this is the best for part time traders as you only have to stay in the market for just minutes.

 

[jeff87]

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 believe if you have the most available time, you should be a full time forex trader. But if you don't have much time then just be a part time trader. It is up to you to decide what is best suited for you to be a full timer or part timer trader.

 

[Ub40]

Actually, forex trading is one of the lucrative platforms, but it is just that it involves a very technical market which can cause one to lose huge amount in just a matter of minute. So one needs to get the full knowledge of how it works before going into it. That is my opinion. Thanks for sharing.