How to Build Passive Income with FX Auto-Trading: Thinking Starts Here and The Limits of FX
Have you ever thought it would be nice if you could create passive income with FX?
When you become someone who can make money in FX, you can earn 4,000,000 to 8,000,000 yen per month,
and some extraordinary people earn over 10,000,000 yen a month.
Unlike receiving a salary from a company, you can unlimitedly increase your income in the amount you want to earn.
FX can turn your life around in one shot and aim to join the ranks of the wealthy, but
actual trading means sticking to a PC screen for many hours every day,
and waiting tirelessly for chances that occur only a few times a day…
it’s quite a tough task.
Once you get used to it, you can read books or work on the PC while waiting for entry opportunities, and you can manage time well, but
you still basically cannot leave the front of the PC.
Even after I started earning monthly from FX,
for a while I fought only with discretionary trades.
But after about a year,
I suddenly felt anxious about continuing this style for a lifetime.
The trigger was a year in early June when family funerals and hospital visits piled up.
That month, due to attending family funerals and needing to drive family members to medical appointments,
events requiring me to leave the house piled up.
There was nothing I could do about it, so
I attended the funerals, waited for hours in hospital waiting rooms,
and was constrained by various reasons,
and there were several consecutive days when I couldn’t trade properly.
Before I realized it, there were only a few days left in June,
and at the end of the month there were important economic indicators, so the market was in a waiting mode.
In such a situation, income was completely zero.
Of course, I had decent savings,
and I had earned plenty from trading up to the previous month.
So,
even if I had no income for about a month, it wouldn’t be immediately dangerous.
But at that moment I felt a kind of“crisis awareness.”It hit me.
If my parents age and require caregiving,
if hospital visits become routine…
there might be a time like this again this month,
and always having to trade on a PC might be no different from the work I did as a salaryman?
That thought crossed my mind.
Many traders aim to be free from company and others’ constraints, to gain freedom of time and money,
and thus start FX,
or to create a source of income that could replace future salaries,
they study FX.
When you consider the original reasons you started FX,
it becomes clear that simply sitting in front of the market trading is off the mark for your purpose.
Indeed, if you earn with FX,
the income figure can change by one or two digits, achieving a level of income that a salaryman cannot reach.
But that depends on trading every day,
and if you stop trading, income stops immediately.
Is that really a state of true “freedom”?
So I began to think.
Could I utilize the discretionary FX trading skills I have studied to trade myself, while also operating automated trading in parallel to
diversify income sources and create regular income beyond discretionary trading?
As a result,
now I trade discretionary while also incorporating automated trading for some trades in a semi-automatic way.
By incorporating automated trading into daily trading,
semi-automated systems can place entries for you while you sleep or when you’re at work for the company,
and you can have automated entries on your behalf.
I adopted this automated trading,
and even when I do almost nothing, I now earn about 100,000 to 300,000 yen per week deposited into my accounts.
The benefits of adding automated trading are not limited to that alone.
Previously, when I was trading discretionary only,
I earned only during the hours I was awake.
However,
there are days I can’t monitor charts at all,
and there’s no way to catch opportunities while I’m asleep.
But,
with automated trading, opportunities I would have missed in those times can be generated without any extra effort,
even while I’m sleeping, revenue starts to occur!
This is incredibly amazing...
That said...
those who have tried automated trading before
often think, “It’s good when it works, but there will surely be a huge drawdown somewhere and you’ll lose everything.”
Is that image accurate?
That’s only partly correct.
I have tried all kinds of FX automated trading,
and even systems that initially increased funds suddenly collapse and wipe out all accumulated profits.
So I had half given up on earning with FX automation.
However, that only applies when you rely entirely on automation alone.
The automated trading I currently operate is not running constantly
on a 24/7 basis.
If you run it that way all year,
when a major market downturn or anomaly occurs,
your account money could disappear in an instant.
From my long experience studying FX,
I have learned that there is no fully automatic system that earns consistently anywhere, anytime.
There will always be markets that the system cannot handle,
and trying to adapt to them can instead make other market conditions become weak.So, even if you enhance automated trading’s performance,you cannot rely on it alone to keep earning.However, by adding discretionary elements,you can select only the markets where automated trading excels,you can prevent large losses in advance,and your overall performance can improve dramatically.With discretionary judgment to roughly assess market quality,and leaving the precise entry timing to the system,this is the strongest FX operating method.Among those studying discretionary FX,after you perform environment recognition, many struggle to grasp concrete entry points or hesitate to enter.Also, even when discretionary skill improves and you can enter,some people cannot constantly watch charts during the day due to work,and will miss valuable opportunities.So,if you introduce only half discretionary logic into automated trading,by doing rough analysis when you have time,the subsequent detailed (and difficult) entry parts will be handled automatically.In the future, Invest Navi+ will cover in several partsa new trading style I developed that operates automated trading in specific market conditions.- How to identify favorable market conditions when using automated trading- Markets where you should never run automated trading- Market analysis techniques exclusive to automated trading- What is the best performing EA I reached after trying over 50 automated trading systems?Follow Invest Navi+ and look forward to the next article updates!SatoP.SIf you haven’t followed my Invest Navi+ yet, please follow it now!In the future, Invest Navi+ will publish FX valuable know-how for followers.Additionally, there will be special presents for followers, so I strongly recommend following to ensure you don’t miss gift notices.Scroll down on this page and click the“Follow” button!↓
So, even if you enhance automated trading’s performance,
you cannot rely on it alone to keep earning.
However, by adding discretionary elements,
you can select only the markets where automated trading excels,
you can prevent large losses in advance,
and your overall performance can improve dramatically.
With discretionary judgment to roughly assess market quality,
and leaving the precise entry timing to the system,
this is the strongest FX operating method.
Among those studying discretionary FX,
after you perform environment recognition, many struggle to grasp concrete entry points or hesitate to enter.
Also, even when discretionary skill improves and you can enter,
some people cannot constantly watch charts during the day due to work,
and will miss valuable opportunities.
So,
if you introduce only half discretionary logic into automated trading,
by doing rough analysis when you have time,
the subsequent detailed (and difficult) entry parts will be handled automatically.
In the future, Invest Navi+ will cover in several parts
a new trading style I developed that operates automated trading in specific market conditions.
- How to identify favorable market conditions when using automated trading
- Markets where you should never run automated trading
- Market analysis techniques exclusive to automated trading
- What is the best performing EA I reached after trying over 50 automated trading systems?
Follow Invest Navi+ and look forward to the next article updates!
Sato
P.S
If you haven’t followed my Invest Navi+ yet, please follow it now!
In the future, Invest Navi+ will publish FX valuable know-how for followers.
Additionally, there will be special presents for followers, so I strongly recommend following to ensure you don’t miss gift notices.
↓
