Strategies

How do make money trading part-time


If you’re like most people, you spend a lot of time, mental and emotional energy doing the things that make you money 💰. Maybe it is your job or maybe it is a business you own. Whatever it is, you know you need to focus your time and energy there because you are not yet independently wealthy and you don’t have enough money yet to retire.

A valuable tip for making extra money while working or running your personal activities is to invest. But here you can ask: where should I invest my money? How much do I need to become a trader? Is it possible to be an investor and work part-time? Which financial market should I invest in?

Well, as you can see, before you start your journey as an investor, you have very important points to decide. Fortunately, we’re here to help you make the best investment decisions and reach for extra income.

What you will learn here 🎓

  • How to become a trader without being an expert
  • Forex, the largest financial market in the world
  • How to use AI to invest and make money while working
  • What are the best forex brokers to trade

🎯 We expect to help you invest in forex efficiently and improve your results. Get extra forex trading insights from leading finance experts on the trading Academy and on our free forex Telegram channel.

💹 When trading forex, we suggest you consider long term results.

Whether you are a student or a busy worker, in this article we will share with you how to make money trading. You will find that Artificial Intelligence (AI) can trade efficiently while you perform your personal activities. You will also find that it is not worth leaving your money without earning anything in the savings account!

You can invest while working or studying 💹

What most people don’t really consider as they race through each day trying to make (and keep) as much money, is that most people can’t save their way to retirement.

We just don’t make enough in our lifetimes to be able to save enough to retire comfortably.

Combine that with unexpected expenses that strain budgets and the economic pressures of potential job loss, company failure, economic downturn, or loss of physical ability to work and it’s no wonder why people feel such constant stress about their finances throughout their lives.

💡 📌 Fortunately, there is a better way to invest and you can get started free now. With Wiseinvest, it’s possible to put your money to work better than a pro without you having to work even harder than you already are or giving up on your current job.

The Wiseinvest AI trading system can efficiently invest your money in an automated, simple, and safe way in the forex from just $1. It is a hands-free, totally automatic, and works through the best forex brokers. The algorithm constantly scans the markets looking for opportunities to automatically trade in your broker account and reach for returns.

 

forex trading strategy

You can also trade manually in the forex broker of your choice. In this case, our AI will send out only the best forex signals from among the 40 strategies it follows automatically.

To trade manually with AI forex signals, our system will send alerts by email and Telegram alert every 4 hours, whenever our AI sees the best opportunities to trade. Then, you just need to copy each signal and paste it into the forex brokerage of your choice. Historically, the AI system has made 43% a year over the past 10 years (2011 – 2020).

Imagine what a retirement account would look like if money could work at a high rate of return (and as consistently) as Wiseinvest makes it possible.

Our AI automatically tracks the 28 most popular and highly traded Forex pairs for the best performing trade right now. According to tests across 13 years of historical data, the AI has had success in all markets including the Great Recession and the highly volatile market due to Coronavirus.

Traditional investors get very nervous when markets become highly volatile. It’s during periods of highly volatile trading that traditional investors lose massive amounts of their retirement accounts because they don’t adjust to the new market reality.

Our proprietary AI trading system constantly scans the markets and helps you get into and out of trades at the right time to profit. For those with tools or expertise like Wiseinvest’s AI gives you, the extra volatility is exciting because it helps them make money faster.

Wiseinvest’s strategies and the formula for the AI was created through the application of deep learning and proprietary mathematical models. Our AI crunches the numbers for you and constantly scans the best opportunities so you don’t have to waste time.

What level of experience do I need to invest in forex? 🧐

With the AI trading system it is now possible to invest efficiently and make money, even if you have never traded before. You don’t need to spend time doing market analysis or to have to be a math genius, trading prodigy or spend enormous amounts of time and effort learning what levers move the markets or watching your trades like a hawk throughout the day.

💡 Regardless of your level of experience in trading, AI can automatically invest for you while you run your personal activities. You can use the AI trading system to invest in forex for free and start trading from just $1.

Trade better than a pro without quitting your day job. Let Wiseinvest AI trading do the work while you go about your life doing what you do best, making money, spending time with family, working on your hobbies, or building your legacy.

Whatever it is you do, keep doing it. And let Wiseinvest help you build your retirement with a consistently proven and highly successful AI built just for you.

Why you should consider forex trading.

An essential point to resolve when planning to become a trader is to decide where to invest. There are several financial instruments to consider, such as Stocks, Forex, Bonds, Treasury bills, Savings account, real state, and so on.

Forex is the short way of saying “Foreign Exchange“. This means the global market for trading international currencies, also known as the FX market through a forex broker. These are the key features of forex:

  • Forex sessions are 24/5 from Sunday at 5:00 pm Eastern (ET) through Friday 5:00 pm. ⏰
  • With an average daily volume of $6 trillion, forex is the largest and most liquid financial market in the world. 💰
  • Due to the large volume, forex offers great opportunities to invest.
  • Due to a wide variety of existing Forex brokers, Forex has become increasingly affordable.
  • You can start trading forex from just $1 or with a risk-free practice account with a lot of forex brokers.
  • It’s possible to invest automatically in forex with AI trading.
  • Portfolio diversification. Forex is used as a hedging instrument by large hedge funds. This means that you can also consider forex trading as a protection for your investment portfolio.

So, are you thinking about investing? Think of forex as part of your capital allocation.

The best way to trade forex and make extra money

There are two ways to invest with our AI in forex and make money trading.

1. Automated with AI-Trading. Check out the 3 steps to trade automated with our AI.

automated trading with ai bot

By trading forex automated with AI, you will save time and improve your performance without monitoring the market and managing trading platforms.

With Automated AI trading you do not need MT4 / MT5 and other trading platforms to invest in forex. All forex trades are automatically placed into your broker account every time that our AI system identifies a new worthy trading opportunity. You can monitor the AI trading performance in real-time directly on our dashboard.

Automated AI trading benefits

  • Setup in 3 minutes.
  • Totally hands-off, from anywhere.
  • Invest from just $1.
  • APY of 40% over the past 13 years*.
  • Lightning-fast execution & no slippage.
  • No commissions, no management fees.
  • Portfolio with 40 different automatic strategies.
  • No MT4/MT5 or other platforms required.
  • Test with a risk-free practice account.
  • Trading results directly on our dashboard.

Don’t you have a broker account yet? Our AI is integrated to trade automated with the broker Oanda. Click here to open an account.

2. Manually with AI forex signals.

Wiseinvest also provides AI forex signals that perfectly fit into MT4, MT5, and any trading platform. To trade with our AI forex signals, you must simply copy the data you receive from each real-time signal into any forex brokerage account of your choice.

There are five unique variables for each AI signal, and each must be copied exactly, to match the performance of the signal as close as possible.

Each AI forex signal alert consists of the following five data points:

  • Symbol (forex pair)
  • Direction (long or short)
  • Position size (number of units or lots)
  • Take profit (price level to exit with maximum gain)
  • Stop loss (price level to exit with maximum loss)

Check out how to trade with our AI forex signals.

  1. Subscribe to a Wise-Plan.
  2. Open a Brokerage account. Check this article about the best forex Brokers.
  3. Set an amount and a position size on our Wiseinvest dashboard.
  4. Our AI will send you real-time trading alerts by email and Telegram.
  5. Copy the signals and paste into your Brokerage account.

All forex signals are sent every time that our AI trading system identifies a new trading opportunity. Our trading strategies are developed on a variety of time frames such as 4 and 8 hours.

Wiseinvest AI forex signals are Market Orders and you do not need the entry price. You can copy each signal while it is available on our dashboard. We do this way to assure that traders will just place signals while they are good to be traded.

You can trade forex with our free forex signals clicking here, or with our Premium subscription that provides you unlimited AI signals and automated AI trading in partner brokers. Whether you are a beginner or a professional forex trader, our AI trading system can help you save time and improve your trading performance. Get started with free AI.

When investing through Wiseinvest automated AI trading or AI forex signals, you do not need to calculate pips and change the leverage in your forex broker account. Learn more about leverage in forex trading by clicking here.

What is the performance of the AI in forex trading?

The Win Rate of our AI varies and can reach up to 95%. Our performance is based on an efficient frontier, which means that our model is profitable whenever the Win Rate is greater than 60%. Our strategies seek stable returns and sufficient results to achieve an average return of 40% per year (APY), without the application of high leverage.

We know that what matters in forex trading is the final result. Therefore, the investor needs to note that Win Rate is not always the best metric, as other signal providers disclose. For example, out of 100 trades, only 1 trade may be enough loss to make the 99 trades not profitable. In this case, the Win Rate would be 99%, but the final result would be unfeasible (negative). Therefore, we focus on the return of 40% of APY and not just on Win Rate.

It is essential to observe that forex brokers may charge spreads, commissions, and overnight fees. These factors can affect the AI performance. You can check our forex trading track record by clicking here.

How much do I need to trade forex with AI?

You can start in forex trading with free AI signals or an AI trading account and deposit just $1 in the broker. You can also test using a risk-free practice account with our AI trading system. However, to do efficient risk management in real accounts, we suggest you start from at least $100. Notice that some forex brokers require different initial deposits to trade forex.

The strategy of our AI for forex trading

Our AI strategy is the combination of different AI trading systems, with more than 100 features, that define 40 different strategies which simultaneously consider:
  • Quotes of the 28 forex pairs
  • Supports & Resistances in different time frames
  • Trends and Counter-trends
  • Cross-indicators
  • Index of each pair
  • Economic Calendar
  • Investors Sentiment from Twitter and Google.

Our automated AI trading system is also able to analyze economic news in real-time from a variety of reliable financial sources, such as Bloomberg, Forbes, and the New York Times, to evaluate the impact of forex trading in live accounts.

The AI analyzes those fundamental, technical, and sentiment factors that affect forex trading, and all criteria are evaluated in real-time using different weights. After completing the analysis, the choice of the signal emission strategy is made considering the increased likelihood of short-term profit and the amount available for investment.

Using technical analysis, our algorithm considers not only the patterns of various trends, including support and resistance levels and cross-indicators, but our AI is also able to create its own real-time index for each currency pair, that is used to identify what is the best direction and target.

About fundamental analysis in forex, the AI makes a correlation within the economic calendar to find news data that can affect specific currency pairs.

Learning Finance Is Critical to succeed in forex trading

Having financial skills can bring success in your professional and personal life. We always recommend learning more about finance and trading. This is why we founded the free Trading Academy. It is also important to keep up to date on the most important economic news from serious sources of financial information. Our automated AI trading system can analyze economic news from Bloomberg, Forbes, and the New York Times in real-time, to evaluate the impact of forex trading.

How long should I hold my investments?

Warren Buffett says if you don’t feel comfortable owning a stock for 10 years, you shouldn’t own it for 10 minutes. Even during the period, he called the “Financial Pearl Harbor,” Buffett loyally held on to the bulk of his portfolio. This reinforces the importance of being patient when using our AI trading solution. 😉

Takeaways

  • With an average daily volume of $6 trillion, forex is the largest financial market in the world and offers great opportunities to invest.
  • Due to a wide variety of existing Forex brokers, starting to trade Forex has become increasingly affordable.
  • Wiseinvest provides the best AI trading solutions for forex. You can trade automated from just $1 through partner brokers with AI trading or manually with AI forex signals in the forex broker of your choice.
  • You can get started with free AI forex signals and use a risk-free practice account.
We are engaged in democratizing the retail forex trading market through AI solutions. We work hard to provide financial education, allow anyone in the world to invest easily with Automated AI trading and free AI forex signals. Our AI platform is integrated with AWS, IBM Watson, and Google AI.

Enjoy other free articles about forex trading on the trading Academy and on our free forex Telegram channel.

Disclaimer: Forex and Contracts for Difference (CFDs) are complex instruments and come with a high risk of losing money due to leverage. Forex trading is not suitable for everyone. You should consider whether you understand how forex and CFDs work and whether you can afford to take the high risk of losing your money.

The forex brokerages displayed shall disclaim the overall performance of traders in their platforms. Oanda warns that 76.8% of retail forex traders lose money trading CFDs. XTB warns that 80% of retail forex traders lose money trading CFDs. FXCM warns that 74.74% of retail forex traders lose money trading CFDs.

The performances aforementioned are not related to Wiseinvest AI forex trading and AI forex signals system. You can check the performance of our AI forex system on our dashboard.