Forex: Daily Passive Income

Weekly AMA on Instagram - Ask me anything about trading & investing, stock picks, market analysis, etc!

Today, although the market was relatively quiet (US Holiday), and rather erratic in the night (Draghi talking), there were still great opportunities to make a daily passive income from trading the forex markets. Of course, it requires precise market understanding and timing to capture the moves, but it gets easier the more you practice. For those club member who were asking me about position-sizing, the idea is to start small (I started with about $5,000 myself), and slowly build up your capital base and scale up your size. There is nothing wrong with trading small lot sizes until you have gained the confidence like the senior club members. Until then, you have to be contented with earning just $100-$200 a day, and treat it as a disciplined training to hone your skills to prepare you for the day your account becomes huge and you have to trade larger and larger size.

Our flagship mentoring program is suitable for both beginners and advanced traders, covering the 4 strategies which I used over the past 15 years to build up my 7-figure personal trading portfolio.

If you're looking for a reputable brokerage that covers all products (SG stocks, US stocks, global stocks, bonds, ETFs, REITs, forex, futures, crypto) and has one of the lowest commissions, this is what I currently use.

Spencer Li

Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.