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mrmoose
 

Registered: Oct 2002
Posts: 254

 

05-02-12 08:36 PM

I have been a prop trader for many years, and have always been in an office with other traders. I am now trading remote from home and am trying to adjust. Besides making sure to get out of the house every day for a few hours, does anyone have any tips for trading at home?

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gmst
 

Registered: Jul 2011
Posts: 3688

 

05-02-12 08:46 PM

not much to contribute here but I will give some pointers:

1. join a gym and go there regularly if you are not doing it already
2. join some community work - will help social life
3. Don't get too involved in household matters - as it might lead to friction with wife/kids - remember, along with you, they are also going to make a transition of having to spend 24 hrs with you instead of maybe 14 hrs earlier! Its a good idea to continue giving them their space and freedom that they are accustomed to.


Good Luck.

If I may ask the reason, why did you decide to switch to a home based trader instead of going to office. I assume you have been successful every year in making a respectable PL because you have been trading for many years as your income.

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mrmoose
 

Registered: Oct 2002
Posts: 254

 

05-02-12 08:47 PM

I changed firms and the firm I went to had no office near my house.

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rmorse
 

Registered: Apr 2011
Posts: 1056

 

05-02-12 08:48 PM

Mr Moose....I like that name.

You can try joining an online trading room or chat room with other traders. I can't recommend one, but know there are out there. It would at least provide conversation and something to listen to.

Bob

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7out
 

Registered: Jan 2011
Posts: 41

 

05-02-12 08:50 PM

Well it kind of depends how much of an introvert/extrovert you are, but firstly, get a big dog and walk him twice a day (once around lunch and after dinner - also good for you as well).

Make plans to have lunch with friends twice a week (works good if you have alot of self employed friends).

Have a boys night with the guys once a week (midweek).

Go out with your wife/gf every Friday or Saturday.

If you still have some excess time left over and feel bored/unfulfilled, have kids and this question will never come up again !!!!!!!!


Rinse and repeat.

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mrmoose
 

Registered: Oct 2002
Posts: 254

 

05-02-12 08:54 PM

I have a son so the school bus does get me out of the house twice a day lol

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