Chooseable online side jobs (7 sessions in total)【2】Kanitraderさん | I am currently earning through FX / indicator development and sales / affiliate marketing / web design / online consulting

With the development of the Internet, we are living in an era where anyone can leverage their talents to earn money online. We ourselves choose side jobs that let us use what we love and what we’re good at. Read this complete seven-part feature and find an online side job that suits you!

Table of contents for this article

1. Work from home while aggressively earning with FX
2. Target a monthly 10% increase, settle at the end of the month
3. When you keep the lot size small, you suddenly become a winner
4. Evaluate the method after three months of operation
5. A clear target makes skills into work
6. Methods that match your lifestyle
7. The trading method of the "Crab Trader"
8. Points to note when testing a method
9. Anyone can become an expert!
10. Advice for those starting now

● Characters: 5,563 characters (including headings)
● Images: 2

※This article is a re-edited version of an article from FX攻略.com January 2019 issue

Crab Trader profile

Started YouTube Live on January 15, 2018. Trades are broadcast live from noon to the early hours, totaling 12 hours. Under the themes “Earn money, right before your eyes” and “Earn money, right before your eyes too,” all orders, including limit orders, stop orders, and entries, are made public daily.

twitter：https://twitter.com/keibakinma

Feature “Selectable Online Side Jobs” Table of Contents

【1】Learn from successful seniors how to choose an online side job
【2】Crab Trader｜I currently earn with FX / indicator development and sales / affiliate marketing / web design / online consulting
【3】Yuu Kobari｜I currently earn with FX / writer / affiliate
【4】Oohira｜I currently earn with affiliate / writer
【5】FX Noble｜I currently earn with EA development and sales / EA management
【6】Takashi Shika Uchi Mujiさん｜I currently earn with writer / mining / affiliate
【7】There are also ways to earn money like this! Bonus

Work from home while aggressively earning with FX

Crab Trader, who streams trades daily on YouTube, is not a full-time trader. He also holds several other jobs and trades part-time.

“Originally, I didn’t want to work for a company, so I settled into my current lifestyle. I do several remote jobs and trade when there are opportunities while watching the charts.”

As shown in his YouTube broadcasts, his trading method uses OANDA’s order book for buying dips and selling rallies. An order book is an MT4 indicator that visually displays price ranges and volumes of limit and stop orders placed by OANDA clients. Price ranges with many limits and few stops tend to reverse, so he combines this with overall trend judgments for his buys and sells.

“From around the end of October, I made a minor change to my trading method. Previously I traded in several currency pairs whenever there was a chance, but now I target only the one with the clearest trend among USD/JPY, EUR/USD, and EUR/JPY. As a result, my win rate rose from about 70% to 85–90%. The sample size is still small, so it’s in the testing phase, but I feel it’s promising,” says Crab Trader.

The method using OANDA’s order book can often anticipate reversals in trends that are continuing or continuing to drop, but it had a drawback: it couldn’t respond quickly to trend reversals. To address this, he narrowed the currency pairs. Also, by reducing the width of stop losses compared to previous methods, profitability improved.

Moreover, trend and stop-loss judgments are based on signals from an indicator called “Money Trap World,” developed by Crab Trader. Yes, Crab Trader is also in the FX-related product development business.

Target a monthly 10% increase, settle at the end of the month

Crab Trader, as mentioned, is curious how profitable FX as a side job has become. We asked directly.

“A single entry trades about 100,000 units. Sometimes I enter four times on the same currency pair, so up to 400,000 units. I deposit 4 million yen at the start of the month and settle the P/L at the end of the month back to 4 million.”

By the end of October 2018, he was about 3,000 pips in the black. The target is to increase the account by 10% per month. This seems realistic and a balanced earnings goal.