It sounds too good to be true – earning a good second income from just thirty to sixty minutes trading a day. It is a classic less is more scenario, and it fits perfectly around other commitments.
Intuitively however it doesn’t seem to make sense. Making money as a trader, one feels, is about trading, snatching opportunities to get into the market and keeping one’s eyes peeled for the flow of set-ups. How on earth do you make time to do anything else?
Well, yes, you can spend your time glued to the charts, and if you trade small time frames then in front of the charts for a good part of the day you will be. But this comes at a cost for the inexperienced trader. You will be exposed to multiple small price movements that have only a limited pay-off. It will inevitably result in over-trading, a term used to describe jumping in and out of the market chasing set-ups that shouldn’t be traded, higher stress levels, resentment as you start to blame everything for the ongoing losing streak you seem to be stuck in, over analysis and a sense of being paralysed and not quite knowing how to break the cycle. Eventually your account will be bled dry, or you may simply stop before that happens. It sounds dramatic, but it happens all too often. People teaching themselves to trade, diving in and out of the market without a proper trading strategy and sense of discipline, becoming increasingly frustrated as they witness their account being slowly drained.
Now the beauty of trading an End of Day strategy is that it takes all this pressure away! You only look at the market twice a day, first thing in the morning when you review what has happened overnight and whether any of your price action set-ups formed in line with the trend, and again in the evening before bed asking the same questions and performing the same logical analysis as you did in the morning. Between these twice-daily routines you are at work and pursuing your normal daily commitments away from the charts and the temptations of meddling and overanalysing. Your daily life continues normally.
The advantages of this approach, particularly for the novice trader, is that you get clearer signals, mental clarity and piece of mind that is not really feasible for novice traders on small time frames, and your daily life and commitments continue normally. The result is that you are far more likely to grow your account.
First things first however, and a solid understanding of price action trading patterns together with an overall understanding of price action strategy are essential. The higher time frames (daily and weekly) are our speciality so leaning these key price action strategies is easily achievable. It genuinely offers a pleasurable and relaxed approach to trading that doesn’t encroach on your normal daily work and commitments.
Intuitively however it doesn’t seem to make sense. Making money as a trader, one feels, is about trading, snatching opportunities to get into the market and keeping one’s eyes peeled for the flow of set-ups. How on earth do you make time to do anything else?
Well, yes, you can spend your time glued to the charts, and if you trade small time frames then in front of the charts for a good part of the day you will be. But this comes at a cost for the inexperienced trader. You will be exposed to multiple small price movements that have only a limited pay-off. It will inevitably result in over-trading, a term used to describe jumping in and out of the market chasing set-ups that shouldn’t be traded, higher stress levels, resentment as you start to blame everything for the ongoing losing streak you seem to be stuck in, over analysis and a sense of being paralysed and not quite knowing how to break the cycle. Eventually your account will be bled dry, or you may simply stop before that happens. It sounds dramatic, but it happens all too often. People teaching themselves to trade, diving in and out of the market without a proper trading strategy and sense of discipline, becoming increasingly frustrated as they witness their account being slowly drained.
Now the beauty of trading an End of Day strategy is that it takes all this pressure away! You only look at the market twice a day, first thing in the morning when you review what has happened overnight and whether any of your price action set-ups formed in line with the trend, and again in the evening before bed asking the same questions and performing the same logical analysis as you did in the morning. Between these twice-daily routines you are at work and pursuing your normal daily commitments away from the charts and the temptations of meddling and overanalysing. Your daily life continues normally.
The advantages of this approach, particularly for the novice trader, is that you get clearer signals, mental clarity and piece of mind that is not really feasible for novice traders on small time frames, and your daily life and commitments continue normally. The result is that you are far more likely to grow your account.
First things first however, and a solid understanding of price action trading patterns together with an overall understanding of price action strategy are essential. The higher time frames (daily and weekly) are our speciality so leaning these key price action strategies is easily achievable. It genuinely offers a pleasurable and relaxed approach to trading that doesn’t encroach on your normal daily work and commitments.
Editors’ Picks
EUR/USD moves sideways below 1.1800 on Christmas Eve
EUR/USD struggles to find direction and trades in a narrow channel below 1.1800 after posting gains for two consecutive days. Bond and stock markets in the US will open at the usual time and close early on Christmas Eve, allowing the trading action to remain subdued.
GBP/USD keeps range around 1.3500 amid quiet markets
GBP/USD keeps its range trade intact at around 1.3500 on Wednesday. The Pound Sterling holds the upper hand over the US Dollar amid pre-Christmas light trading as traders move to the sidelines heading into the holiday season.
USD/JPY corrects further to near 155.80, gives up entire BoJ policy-led gains
USD/JPY surrenders its entire gains made on the BoJ policy announcement day, and retraces to near 155.80. Investors are in vogue over the outlook of the BoJ’s monetary tightening campaign. The Fed is expected to cut interest rates by at least 50 bps next year.
Editors’ Picks
EUR/USD Price Annual Forecast: Growth to displace central banks from the limelight in 2026 Premium
What a year! Donald Trump’s return to the United States (US) Presidency was no doubt what led financial markets throughout 2025. His not-always-unexpected or surprising decisions shaped investors’ sentiment, or better said, unprecedented uncertainty.
Gold Price Annual Forecast: 2026 could see new record-highs but a 2025-like rally is unlikely Premium
Gold hit multiple new record highs throughout 2025. Trade-war fears, geopolitical instability and monetary easing in major economies were the main drivers behind Gold’s rally.
GBP/USD Price Annual Forecast: Will 2026 be another bullish year for Pound Sterling? Premium
Having wrapped up 2025 on a positive note, the Pound Sterling (GBP) eyes another meaningful and upbeat year against the US Dollar (USD) at the start of 2026.
US Dollar Price Annual Forecast: 2026 set to be a year of transition, not capitulation Premium
The US Dollar (USD) enters the new year at a crossroads. After several years of sustained strength driven by US growth outperformance, aggressive Federal Reserve (Fed) tightening, and recurrent episodes of global risk aversion, the conditions that underpinned broad-based USD appreciation are beginning to erode, but not collapse.
Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026
Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
I’m often mystified in my educational forex articles why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. After working in investment banks for 20 years many of which were as a Chief trader its second knowledge how to extract cash out of the market.
5 Forex News Events You Need To Know
In the fast moving world of currency markets where huge moves can seemingly come from nowhere, it is extremely important for new traders to learn about the various economic indicators and forex news events and releases that shape the markets. Indeed, quickly getting a handle on which data to look out for, what it means, and how to trade it can see new traders quickly become far more profitable and sets up the road to long term success.
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and selling pressure. Chart patterns have a proven track-record, and traders use them to identify continuation or reversal signals, to open positions and identify price targets.
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The challenge: Timing the market and trader psychology
Successful trading often comes down to timing – entering and exiting trades at the right moments. Yet timing the market is notoriously difficult, largely because human psychology can derail even the best plans. Two powerful emotions in particular – fear and greed – tend to drive trading decisions off course.