Most of the courses, trading e-books, forex mentors and all other sources I encountered shares "the secret" in Forex trading, and no, I am not talking about the popular movie made by Bob Proctor etc. What "secret" the forex mentors and "gurus" out there may have teach you, directly or indirectly, is to Day Trade, which leads to OVERTRADING. Most say that you need to make a career out of Forex in order to succeed in it. This is not the secret to financial freedom.

What do I mean by that? I mean like replacing your current job with Forex, and yeah... you just did "fire your boss", but you are not free,not at your best, you have just created another boss that is harder to battle than your current, YOU. Forex is an opportunity to enjoy life, a part-time income source, yet a full time devotion. You can enjoy financial freedom now with Forex.

You can be rich trading yet have time for your kids, do that hobby you always wanted, have vacations with all your forex profit (which means a lot), and whatever you want to do with your life it is possible with Forex, no wonder it already is becoming one of the most popular home business nowadays, without the competition of MLM and other businesses, but the profit potential is just huge!

The myth is, that if you cannot be successful in day trading, therefore you cannot be successful trading by end of day as well.

The truth is that there are many more Forex Traders growing by the minute, but not all of them are full time. It is so impossible to just stare at charts and day trade all day and have that job also. You cannot indeed serve two masters at the same time. And by the way, staring at charts all day requires so much attention that if you miss any detail, you may have lose the opportunity to gain profit.

Do you believe that there is always a better and more convenient way to trade at Forex? Contrary to the myth I just mentioned, you can still be successful and very wealthy in Forex even in trading by end of day, simply because they have different rules to follow and different attitudes required, but in the end, the less stressful and equally profitable choice to trade is at the trading by end of day.

Along with using technical factors, trading by end of day allows you to spend more time to see "the big picture" or the long term trends -- is there really a trend? Am I doing it right? You can do this in a more peaceful trading hours following the New York close ( 5:00 pm eastern time). It also possible you spend 20-30 minutes in it.

Here's a brief example:

Using a recent chart of the EUR/USD pair, from March 2009, shows a strong move from the 1.2600 range to 1.3000 -- a 400 pip gain, which took about 7 days to complete and should have been captured by a good end of day trading method. However, that same chart shows more extreme fluctuations as the price ranged sideways in a 200 pip channel -- if a forex trader is trying to day trade in that channel, the trader can quickly find themselves on the wrong side of a trade in more extreme short term volatility.

Simple, trading by end of day requires more patience, your own analysis (this is where the fruits of education and discipline comes in), another approach in trading methods, but is equally profitable as the stressful day trading. If you want to tap in the Forex goldmine yet still have a job, or a life, this is the best time for you. You do not want stress and still want to be rich with Forex right?

What if you can still have your cake and eat it too; that you can still have great taste without the calories, sounds heaven sent? Believe me it is not. There is always a better way.