Price analysis can also be a good factor to consider only on a long-term base and if one wants to make a passive trading decision then it must be of liquidity and volatility to open a position at the right time and predict which direction the trade could go. I use that term because the market is unpredictable in general view but with the volatility comes an increase in trading profits if the market is mastered and skills build to dictate the future of the market and which direction it goes in the long run.
So are you earning a passive income with the present market situation?
I tried many times to trade regularly in order to gain passive profits but I'm not able to stay for long. The same situation with those people I met before, they were only good for months. Except for those traders who turned mentors and are now teaching and coaching about trading. I am not against trading gurus but there are too many of them that were able to remain unemployed and free from 8 to 5 mainly because they earned thru trading mentorships and coaching not from trading.
