Three Ways to Make Money by Becoming a Part-Time Trader From Home!

thecekodok
Many are complaining about the rising cost of living these days. Yes or no, some have to work part-time despite having a permanent career. If it only depends on the current monthly salary, indeed many of us can not make savings, what more to own a house.

Wanting to do business may be a bit costly and a bit of crunchy work. So, here we share some careers as easy traders for us to start with only minimal capital without stopping work and can start from home!



# 1 Forex Trader (Currency)

To become a forex trader or currency trader, you can start with a capital as low as USD $ 10. There are also brokers that offer free capital for traders who first open an account with them. Small start-up capital actually gives you the opportunity to adjust to the real trading environment before being really serious about bigger deposits.

The advantage of forex trading is that it runs for 24 hours, 5 days a week Monday to Friday. So, here you are flexible in determining the trading time even if you have a permanent job. Those who work in the morning can start trading in the New York session (9 pm - 6 am), while those who work the night shift can trade in the Asian session (5 am - 2 pm) and the European session (3 pm - 1 am). It is 24 hours a day, no problem for you.

However, before starting it is advisable that you also learn about technical chart analysis and fundamental analysis.



# 2 Stock Trader (Stock)

For those who cultivate the desire to become a stock trader, it is also highly recommended. Before starting, you need to open a CDS account or Central Depository System with any investment bank. This account is intended for you to deposit money to be traded. It is like you are saving money in a bank savings account, and a CDS account is meant to keep the stock you bought.


CDS accounts are easy to use to trade stocks, as there will be agents from Brokers that will help you.

You do not have to worry about the cost to get started in stock trading because the starting capital is also as small as USD100 to buy 1 lot of shares equivalent to 100 units. For example, you can start buying stock prices worth 50 cents at a cost of only USD50.

Just like a forex trader, you also need to master the technical analysis and fundamental analysis of stock options.



FCPO Trader (Palm)

FCPO or crude oil pump futures can be traded on the Malaysian exchange, but they are different from stocks. FCPO is a palm oil commodity derivative product which is an investment instrument issued from the actual price of crude palm oil with a futures or deferred market concept.

In contrast to stocks and forex where we can start with minimum capital, with FCPO a minimum required capital of USD1,000, but with a relatively large profit potential depends on the knowledge and experience available.