How can I earn money on regular basis?

Yes, I am now thinking to be a part-time trader until I learned enough to become a full-time trader. But going some other country is not possible for now. Thanks for your reply@TradeViper

well what i do is make my daily wage trading the Dax as its so volitile then i trade the daily on the major and minor currencey pairs, not easy but possible.

You are right in forex profit is possible but not same for all traders. working with finance is not easy .It is quite risky business. Once you learn to trade in market you will certainly make profits. And regular bases depend on your work . How you target your profits , on weekly or monthly basis. I calculate mine for month . It is easy to handle with upsets in whole months . Then we can do more efforts to gain rest of profits.

It’s good that you admit you are lazy :smiley: many people can’t do that. Unfortunately trading is not for lazy people. You really need to put some efforts and have in mind that it takes time until you start making some profits. The idea for part-time trading until you gain enough experience and knowledge to become a full-time trader is good, don’t give up. But make sure to practice enough on demo and stay away from offers and promises from internet vendors for fast and good money. There are a lot of free educational webinars, videos and books out there. Good luck! :slight_smile:

i don’t think trading is a good idea for you ,

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I found the same, everyone says forex is easy. Even it is for everyone, every category people, students, housewives, retired person anyone can do this business. Because it does not need a huge amount of capital to invest. But, forex trading is not like that. It was never like that.

For regular earning we need regular hard work. think forex a normal business not a money making machine. You can then earn constantly from forex trading. When your trading will become more realistic .Normal profit taking will make you a consistent trader.

Maybe you’re better off addressing the OP rather than replying to me with your bla bla bla son, move along

Sometimes it is very difficult to maintain the routine. Otherwise, I know without hard work we can’t get anything. I do not think now that it is normal business. Making constant profit here is long time process.

Everybody needs money, that’s true!) If you want to make money but you don’t know what to do, maybe you should think about investing into PAMM?

Best way to earn money on a regular basis is quite simple.

Get a JOB

This business is never consistent and it’s a long term game of development and learning to adapt. From what I’ve seen most well grounded individuals don’t start with FX speculation, but they diversify into it with an agreed proportion of there wealth. It’s exceptionally rare you’ll see here as the foundation for wealth…this is a casino for the rich, not those with less than $100k to trade with!

REALITY CHECK

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So many brokers offer PAAM services for their clients. Actually in my trading career I don’t feel secure and comfort at any PAAM services, because it totally depends on broker. And the reviews about PAAM investment are not good at all.

If you want to be a Forex trader should away from PAAM services, its more appropriate for the investor. Generally PAAM accounts leaded by the brokers , so there is a lot of risk because lots of brokers are available in this retail market and most of them are found to be scams.

Thanks for your advice @Edmund85. I will consider to invest into PAMM account. But, I will take more time to know the market. Then I will decide which way I can comfortable with. Also, I need to figure out how much I can pressurize myself to cross my limit of patience. Not yet I am giving up on me. Now, I am consider this as my part time job like. Because I need money also, I am doing some sort of online job.

Really appreciate your quite and simple way @RISKonFX. I now know that Forex business is never ever consistent. Anything could happen here. I am doing another job with this. I really not want to leave Forex trading right now. I am spending the time to gain proper knowledge and I will consider investing $100k If I have that much.

I have no experience with PAAM account and its return. Its profitable than manual trading? Can anyone elaborate?

You can make profit from here with consistency if you have a powerful trading strategy with most accurate money management. that’s all.

Peter, which is more profitable between two it depends on situation. Manual trading is the best option than any others and a part of professionalism but PAAMS is not. If you have long term experience in Forex trading of course manual trading is the best option for you, on the other hand if you did loss again and again cannot come out from losses then you can move on PAAM to see its performance. From two I vote for manual trading.

Trading in manually as a part timer and on the other invest in PAAMs at the same time is not a good decision. It can make you confuse deeply.

So… Just starting and trying to get a profit already?
Sorry to say this, but that doesn’t seem really likely
The general advice is to gather as much experience as posible before even dreaming about having a consistant profit (Although, at this point basically everyone has said this, I don’t know why i’m even replying)