Discussion in 'Professional Trading' started by a529612, Apr 17, 2006.
How do you watch the market and trade under the table while working for someone?
I work 6 hours a day.
I swing trade only.
The market opens at 4am ish hawaii time, so by the time I wake up, I can already enter orders in for the day.
I have about 2 hours before I have to start work.
I am a Toll Collector on the New Jersey Turnpike.
I have WIFI in the Booth. With the exception of a few fumes, it's a great working environment. One of the collectors on the Southbound booth trades the emini's as well.
I'm lucky in that I don't answer to anyone but the owner and he doesn't care what I do. As long my job gets done. My problem isn't "hiding" the trading but dealing with the inevitable and seemingly non stop distractions and interuptions.
Put the customers on hold.....Your trading's more important!
Yeah.....me I am a student at a High school.....lol.......not a newbie though
I'm in a similar situation, except that I'm not quite so far west, so the markets open a bit later here. Still, they open early enough that it's possible for me to watch the markets for a bit in the morning, then head off to work/school. I have a pretty long journey ahead of me before I'll be able to contemplate trading full-time as my sole job.
I have a part time job working in a customer support for one of the biggest european bookmakers (sports betting, on line casino and poker) and I day trade futures only from home. I would never day trade from work as I am often on the phone with customers and it's too hard to focus on price action. If you want to swing or position trade while at work I think it's okay to trade like this.
I am an analyst at my firm and I trade pretty much all day..... but I also work my ass off after trading hours to get my regular work done in a timely manner. Then I go home and do research and analysis for new trades and positions.
All in all, I work about 16 hour days combining both. I am targeting later this year to start out on my own.
I trade technical indicators using EOD data - which takes me about 45 mins work every night. No need to watch what goes on during the day, stops & limits take care of that.
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