If you need money urgently, freelancing is not an option. Trading, on the other hand, allows you to make money on asset price fluctuations even in a minute!
There are many techniques how to do it fast. Let’s dispel the myths, tell and prove it.
Don’t confuse short-term trading with investing
Investing is directly related to the rise in the price of an asset. You buy something (a share or a token) at the lowest price you think you can afford and wait for it to grow. The waiting process can take from several months to decades.
Trading, on the contrary, allows you to make money on ANY price changes. And when the value of an asset is rising, and even when it is falling!
This is the whole secret.
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Swing Trading
Swing trading is a style of trading in which traders seek to capture short-term price movements (from a few days to a few weeks). This trading method is a logical extension of day trading based on analyzing chart and candlestick patterns, trends, and indicators. If the price does not reach the target within the day, it is logical to leave it for the next day and so on until your take profit is executed. Do not forget that when trading short-term it is important to adhere to the maximum Risk-reward ratio – this indicator should be at least 1:3 and higher (if a trader risks losing $100, his profit should be more than $300). In this case, with a total win rate of ~40% – you will still have a profit.
This is the key to success.
Intraday trading for quick earnings
Day trading or intraday trading is a form of trading in which opening and closing trades occur during the day.
In this case, a trader chooses the best entry point (for example, he sees on the asset chart that an uptrend is forming) and enters the position. He does not necessarily have to keep a constant eye on the chart, but just periodically monitor the situation.
Usually, the price goes a significant way to one of the sides during the day. If the trend is chosen correctly, then by the evening you can get a profit of +25-100% to your deposit. This method is suitable for trading crypto, stocks, and commodities.
This is your gold mine.
How to start earning fast?
Discover trading through the simple MOVO App.
- Download the Movo App.
- Register.
- Throw in a Deposit that is optimal for comfortable trading or take advantage of the bonus that the company sometimes gives to new users to familiarize themselves with the platform.
- Choose an asset and open a position (up or down).
- Wait for profit and close the position.
This is how it works — make a Deposit, make a profit, take it back. Then enter a larger amount and wait for a bigger profit. You can also use multipliers, which will increase your deposit from 2 to 50 times. At the same time, you take all the earnings from such a deal.
Everything genius is simple! Start trading right now.
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