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If you lost income due to the COVID-19 pandemic and you weren’t able to make that one-time $1,200 stimulus check stretch – you’re probably looking for ways to make some extra cash.
The usual “side hustles” like driving Uber or selling extra stuff isn’t profitable or safe in our era of social distancing, so you’re left with few options. However, there’s one avenue you might not have considered.
Ultimately, the right trading method depends on your style, risk tolerance, and initial starting capital. You’ll want to do a little digging on all the different methods to see which is right for you.
Be sure to research the markets and understand what you’re doing before putting real money up. Don’t trade with anything you can’t afford to lose. Remember, you can make extra money trading while quarantined, but you can also lose it trading, too.
However, if you do your research and commit to understanding the markets – trading could provide the extra cash flow you need during these uncertain times.
Skylar Hammond is a writer for True Trader who specializes in topics such as stock trading, personal finance, and forex. He focuses on helping beginners and experts alike learn more about the market and improve their trading skills.
Trading from Home
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