Three Ways To Profit The Market!

Nowadays online traders has 3 choices to choose where they can make money in trading. Each has its own strong points just make sure to choose the right approach.

3 ways to make money in trading:

1. Manual trading - perhaps this is the most difficult part in trading where traders have to learn from scratch and probably spent years of practice and testing before he can be a consistent profitable trader. Right education from the start is key and if possible you can have a good trading mentor then it will probably shorten the process. 

2. Copy trading or PAMM trading - this type does requires only some basic understanding about the market , you just have to choose the right strategy from traders that can give or provide consistent profits, it is important for investor to take the time in examining the strategy being used of a particular signal provider, not all signal providers has stable strategy that can provide stable profits in the long run, MQL5 and Zulu Trade are very popular copy trade websites. Don't gamble your money to signal providers that implement bad RR ratio,martingale and grid type trading or no/huge SL trading strategies.

You may opt to copy my signal at Zulutrade  here 

3. Using an EA(Expert Adviser) - EA is a trading robot or a customized strategy coded into an MQL language that can be run on MT4 or MT5 trading platform, such EA can be run 24 hours 5 days a week on a desktop or a vps (recommended) to look for trade opportunities and probably make some profits without human intervention.The good side of using an EA is for traders to avoid psychological pressures from the market and less time spent looking on the chart. But the down side to this approach is there are only a few EA's that can bring consistent profits to your account. The real challenge in this approach is finding a good EA that can give more winning trades in the long run. Extensive back and demo testing should be done first before using an EA in a live trading account to avoid more loses.

We come to the market in hope to make money and be financially independent but it will never be an easy endeavor to all aspiring traders out there, what is important is to never rush in making a decision what path you will take in this tough market. 

Choose wisely, good luck!