Trading is one of those unique jobs that you can do anywhere in the world using just a laptop. For me, it has provided a flexible income that I'm extremely grateful for.
But trading income can also be unpredictable. There are good and bad months. So here are some ways to generating extra money as a trader to supplement your trading income.
Start a Newsletter
Newsletters have recently become super popular. And paid newsletters are a growing industry. As a trader you can share your financial expertise with other traders. The best financial newsletters are sent out daily or weekly. Substack is a popular platform for running paid newsletters. You can set a monthly sub price and the money is sent directly to your Stripe account (which goes straight to your bank).
##Share your trades
Copy Trading is where you share your trades so other people can copy you. The most popular platform for copy trading is eToro. You'll get paid for trading on the platform based on the number of copiers.
Start a Blog
Blogging is a great way to make passive income. Traders can share their tips and tricks as well as reviews of different platforms. You can make money from affiliate marketing, ad sales as well as selling info-products. I'd recommend every trader should start a blog. It can be a valuable asset that will help provide income even when the markets aren't working for you.