I’m thinking about diversifying, or perhaps have some fallback just in case fx trading does not work for me. Or another source of income. Any online or non-online earning ideas or business you guys into which is not forex trading?
As for me I am also into stock trading, although the broker software is crappy so it does not allow me to analyze much of the market. And I can only do swing trade. I’m only on a buy and hold on the stock market and lucky if I earn 1-2% per month.
Been thinking of maybe buying and then maintaining a website and earn from ads.
There are lots of moneymaking ideas on the internet, you can search for it. But diversifying means another round of schooling for that subject. You can’t just go and plunge into it. You need to learn the trade and it will keep your time divided. But if you have lots of time to spare, go and try, diversifying is a good idea anyway.
Online marketing can work out if you have the patience for it. Get ready to learn a whole new skill set though and to wait a while before you seen any results.
Google the terms “warrior forum” if you want to get started. It’s the internet marketing equivalent of babypips but without the school.
IMHO This is a worrying mind set. Unless you commit to learning and trading forex without distraction you will fail. To become a successful trader requires patience and dedication. When, and if, you succeed as a trader, is the time to think about diversifying. If you are not sure about your future as a trader better to stop now and waste no more time. It is however a very satisfying and lucrative proffession for those who stay the course
best regards
