How to Make Money Day Trading a few hours a day

posted in: The Journey to Trading | 0

Do you think you can really make money trading only a few hours a day? I remember when I first started trading it was the number one reason why I started, as I searched online I noticed people were making a really good living trading a few hours a day. I will share with you how to make money day trading a few hours a day. The process is simple it starts off by learning how to make points consistently, managing your risk, and of course managing your emotions.

Process #1 Make points consistently. Focus on the points not the money, once you learn how to takes points out of the market then the money will eventually begin to come. Notice in the video below what I talk about how fast it was for me to take a few points out of the market and end my day. It is how it should be, the power of 10-20 points is all you really need.

 

Process #2 Managing your risk is essential to making money, because once you make your points you must learn to keep those points. Try not to get into every opportunity, do try to wait for your rules to align make sure that you are not just entering for the need to be right! Take it easy if you have already made 10-20 points call it a day and come back the next day. Keep in mind the time you stay in front of your computer does not equal to the amount of money you want to make.

Process #3 Managing your emotions is another key to trading, You may be trading demo at this moment and it is ok. If you see that your plan is making money then set a deadline when you are going to go LIVE, and test yourself, give it 2-3 months and begin to manage your emotions. Because just like pilots, even though they do fly simulations, eventually they will have to one fly the real pane, only if you are ready.

If you are not ready and had little to no success, the way to make money day trading is a process, I do understand you, because I was in your shoes. It was when I decided to commit I started seeing the difference as well as working on these 3 processes and of course with the help of the FxST team, I learned a simple way to trade the forex market, remember you are not alone.

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A little info about me, my name is Martin. I’ve been trading for about 5 years, I started trading due to the fact that I wanted to learn more about the markets and always had an interest in them since I was 13 years old. I realized, it was not just a hobby, but a very lucrative career. Now my goal is to trade full time and have the freedom to do what I want and be able to take care of my family. I am sure we traders may come from different backgrounds but the end goal is the same. I hope you can get empowered by the information I am providing you as well as share the same view.

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