Hello everyone, I am a working mother of 2 little children in need of earning some extra income. I have come across remote trading as a "decent" option for a professional person looking for earning additional cash during spare time. I am totally unexperienced, but 100% willing to learn. Would you please recommend the best (cost-efficient-effective) way to start trading from home between 20:30-23:30 GMT. I mean, what markets and platforms would you recommend for someone like me to use to learn and eventually trade in. I will really appreciate your ever so kind advice.
My best advice would be the following 1) Think twice before starting - this game is brutal indeed 2) Start with demo account and DO NOT trade real money for at least 1 year or until you would be consistently profitable in paper trading 3) Forget about doing it part-time. It's a full time job. At least analysis will take more then 2 hours a day. 4) For your time FOREX and/or Futures are the most suitable options. Personally I do not recommend forex as it is MUCH less predictable thing as opposed to INDEX futures (DOW JONES, S&P futures) 5) IGNORE NEWS and especially those presented on any financial TV 6) READ-READ-READ
firstly you must know about the risks of forex market then ou can invest in forex market. but still don't go to directly real forex trading, just open a demo trading A/C and learn everything related to forex market.my broker avafx also have demo trading A/C facilities and you can use it also for that you should deposit nothing. avafx.com is a site of avafx. Best trading hours for trading in forex mrket. now you have to choose. * New York Market trade times: 8am - 4pm EST * London Market trade times: 2am - 12Noon EST * Great Britain Market trade times: 3am - 11am EST * Tokyo Market trade times: 8pm - 4am EST * Australia Market trade times: 7pm - 3am EST