In Penny Stock | How To Trade Bitcoin & Crypto / Altcoins (from an ex-Stock Trader & Teacher) How To Trade Stocks

How To Trade While Traveling And Double Your Income

12.15.2019 - By Mubarak Shah, CPAPlay

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In this episode, Mubarak Shah reveals three things you need to do to be able to trade successfully while traveling. Mubarak also reveals a tool that can help you access your trading setup at home when you're traveling.

Disclaimer: This is purely educational, not investment advice.

TIME CODES

[02:30] If you are in an overseas country in Europe or Asia etc, make sure your timelines line up when trading the US markets.

[03:41] Tip #1: Make sure you have reliable Wi-Fi connection

Choppy Wi-Fi can hamper your ability to trade real-time e.g. a random disconnection can prevent you from successfully closing out a trade when it's in profits. Also, make sure you have proper stop losses set in place.

[06:33] Tip #2: Make sure you have a trading setup.

All you need is a laptop and a good mobile connection.

[07:24] 3. Utilize VPN to connect to a certain server in a location that'll allow you to have more consistent Wi-Fi.

[08:00] If you're traveling and want to use your trading setup at home, you can remotely access your home computer using a Remote Desktop Protocol.

[09:46] The most basic rule I teach all of my students is The Double Catalyst Rule

The Double Catalyst rule essentially combines two main elements of the stock market:

1. Technical analysis of a company's stock price

2. Significant news about the fundamentals of the company e.g. positive earnings, a new contract etc.

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