2019 seems to be flying at a much faster pace than I can attempt to catch up on. I realise there’s only been 1 prior post before the March income report, and now, we’re back for the April income report!
I promise I’ll try to write more!
I’ve scaled back the number of CFD trades in favour of holding them for slightly longer terms to see if I can drive higher profit per trade.
In a nutshell, after a slight dip in March, I’ve managed to get returns back to a semblance of normalcy, and April profits are at $2,652. Again, not too many trades for the month, just 7, and mainly Facebook and Netflix.
Also wanted to note that I’ve managed to more or less remain on trend in terms of profit, even though I was not in Singapore for 2 out of 4 weeks in April; a week for work in Japan, and another week on holiday with the family.
This really proves that you don’t have to be in town, and this is truly work that can be done out of anywhere, as long as you have access to internet to trade.
Again, 100% of the profit is coming from 1 side hustle, and I hope to somewhat change this before the end of the year, to have at least another source of side hustle income.
So watch this space!
Wow, interesting!
How much capital is put at risk at each trade? Do you often have losses?
How do you research whether to go long or short? Is it mostly technical analysis?
How much are transaction costs? Anything meaningful?
Iād like to learn this too.
Nice to read another update Richard! Looking forward to more posts (but I totally get that it’s hard to keep up with content production).
The heart is willing, Chrissy! But the body is busy chasing the kiddos and making sure they don’t set the house on fire or something!
Ha ha, I know what you mean my friend! š